| FORM NL-12-INVESTMENT SCHEDULE |
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| Name of the
Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
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| Investments |
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| INVESTMENTS -
SHAREHOLDERS' FUND |
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(` '000) |
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Particulars |
As at
30.06.2019 |
As at
30.06.2018 |
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LONG TERM
INVESTMENTS |
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| 1 |
Government securities and Government guaranteed |
52984 408 |
50231 660 |
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bonds including Treasury Bills |
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| 2 |
Other Approved Securities |
457 180 |
661 326 |
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| 3 |
Other Investments |
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(a) Shares |
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(aa) Equity - Indian |
94461 246 |
98833 837 |
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Equity - Foreign |
569 499 |
569 499 |
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(bb) Preference |
211 |
598 |
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(b) Mutual Funds |
0 |
0 |
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(c) Derivative Instruments |
0 |
0 |
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(d) Debentures /Bonds Indian |
4818 451 |
6693 197 |
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Debentures /Bonds Foreign |
0 |
0 |
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(e) Other
Securities |
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Guaranteed Equity |
122 |
131 |
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(f) Subsidiaries |
6042 195 |
4520 726 |
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(e) Associates - Indian |
0 |
0 |
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Associates - Foreign |
159 479 |
159 479 |
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| 4 |
Investments in Infrastructure and Social Sector |
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(a) Equity |
2448 188 |
3725 676 |
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(b) Debentures/Bonds |
16293 642 |
20799 650 |
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| 5 |
Other than Approved Investments |
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(a) Equity/Preference/Debentures/Venture Funds |
1518 946 |
1663 954 |
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(b) Preference |
4 486 |
8 203 |
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(c) Debentures /Bond |
3372 998 |
1294 298 |
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(d) Venture Funds |
354 480 |
385 736 |
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(e) Associate Indian |
700 000 |
700 000 |
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Short Term Investments |
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| 1 |
Government securities and Government guaranteed |
4034 924 |
1248 928 |
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bonds including Treasury Bills |
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| 2 |
Other Approved Securities |
139 035 |
163 817 |
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| 3 |
Other Investments |
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(a) Shares |
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(aa) Equity |
0 |
0 |
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(bb) Preference |
0 |
0 |
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(b) Mutual Funds |
5135 697 |
5824 211 |
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(c) Derivative Instruments |
0 |
0 |
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(d)
Debentures /Bond Indian |
1260 997 |
1129 877 |
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Debentures /Bond Foreign |
0 |
0 |
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(e) Other
Securities |
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Commercial Paper |
0 |
62 069 |
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(f) Subsidiaries |
0 |
0 |
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(g) Associates - Indian |
0 |
0 |
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Associates - Foreign |
0 |
0 |
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| 4 |
Investments in Infrastructure and Social Sector |
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(a) Debentures /Bond |
4585 428 |
2612 153 |
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| 5 |
Other than Approved Investments |
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(a) Preference Shares |
6 494 |
3 452 |
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(b)
Debentures /Bond |
1385 675 |
624 711 |
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(c) Mutual Funds |
0 |
0 |
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TOTAL |
200733 781 |
201917 188 |
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3 |
1 |
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| Figures for
the previous year have been regrouped where necessary. |
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| INVESTMENTS -
POLICYHOLDERS' FUND |
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Particulars |
As at
30.06.2019 |
As at
30.06.2018 |
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LONG TERM
INVESTMENTS |
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LONG TERM INVESTMENTS |
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| 1 |
Government securities and Government guaranteed |
163455 166 |
141492 233 |
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bonds including Treasury Bills |
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| 2 |
Other Approved Securities |
1410 386 |
1862 819 |
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| 3 |
Other Investments |
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(a) Shares |
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(aa) Equity - Indian |
291409 858 |
278394 549 |
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Equity - Foreign |
0 |
0 |
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(bb) Preference |
652 |
1 683 |
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(b) Mutual Funds |
0 |
0 |
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(c) Derivative Instruments |
0 |
0 |
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(d) Debentures /Bonds Indian |
14864 762 |
18853 356 |
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Debentures /Bonds Foreign |
0 |
0 |
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(e) Other
Securities |
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Guaranteed Equity |
378 |
369 |
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(f) Subsidiaries |
0 |
0 |
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(e) Associates - Indian |
0 |
0 |
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Associates - Foreign |
0 |
0 |
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| 4 |
Investments in Infrastructure and Social Sector |
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(a) Equity |
7552 579 |
10494 461 |
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(b) Debentures/Bonds |
50265 354 |
58588 327 |
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| 5 |
Other than Approved Investments |
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(a) Equity/Preference/Debentures/Venture Funds |
4685 899 |
4687 017 |
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(b) Preference |
13 486 |
23 105 |
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(c) Debentures /Bond |
10405 589 |
3645 772 |
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(d) Venture Funds |
1093 561 |
1086 538 |
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(e) Associate Indian |
0 |
0 |
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Short Term Investments |
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| 1 |
Government securities and Government guaranteed |
12447 609 |
3517 973 |
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bonds including Treasury Bills |
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| 2 |
Other Approved Securities |
428 917 |
461 438 |
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| 3 |
Other Investments |
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(a) Shares |
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(aa) Equity |
0 |
0 |
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(bb) Preference |
0 |
6 826 |
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(b) Mutual Funds |
15843 458 |
16405 602 |
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(c) Derivative Instruments |
0 |
0 |
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(d)
Debentures /Bond Indian |
3890 134 |
3182 631 |
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Debentures /Bond Foreign |
0 |
0 |
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(e) Other
Securities |
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Commercial Paper |
0 |
174 837 |
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(f) Subsidiaries |
0 |
0 |
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(g) Associates - Indian |
0 |
0 |
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Associates - Foreign |
0 |
0 |
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| 4 |
Investments in Infrastructure and Social Sector |
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(a) Debentures /Bond |
14145 896 |
7357 896 |
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| 5 |
Other than Approved Investments |
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(a) Preference Shares |
20 034 |
9 725 |
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(b)
Debentures /Bond |
4274 761 |
1759 682 |
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(c) Mutual Funds |
0 |
0 |
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TOTAL |
596208 479 |
552006 839 |
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0 |
0 |
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| Figures for
the previous year have been regrouped where necessary. |
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| Notes: |
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| (a) Investments in subsidiary/holding companies, joint
ventures and associates shall be separately disclosed, at cost. |
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| (i) Holding company and subsidiary shall be construed as
defined in the Companies Act, 1956: |
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| (ii) Joint
Venture is a contractual arrangement whereby two or more parties undertake an
economic activity, which is subject to joint control. |
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| (i) Joint control - is the contractually agreed sharing
of power to govern the financial and operating policies of an economic
activity to obtain benefits from it. |
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| (ii) Associate - is an enterprise in which the company has
significant influence and which is neither a subsidiary nor a joint venture
of the company. |
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| (iii) Significant influence (for the purpose of this
schedule) - means participation in the financial and operating policy
decisions of a company, but not control of those
policies. Significant influence may be exercised in several ways,
for example, by representation on the board of directors, participation in
the policymaking process, material inter-company transactions, interchange of
managerial personnel or dependence on technical information. Significant
influence may be gained by share ownership, statute or
agreement. As regards share ownership, if an investor holds,
directly or indirectly through subsidiaries, 20 percent or more of the voting
power of the investee, it is presumed that the investor does have significant
influence, unless it can be clearly demonstrated that this is not the
case. Conversely, if the investor holds, directly or indirectly
through subsidiaries, less than 20 percent of the voting power of the
investee, it is presumed that the investor does not have significant
influence, unless such influence is clearly demonstrated. |
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| A substantial or majority ownership by another investor does not
necessarily preclude an investor from having significant influence. |
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| (b) Aggregate
amount of company's investments other than listed equity securities and
derivative instruments and also the market value thereof shall be disclosed. |
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| (c) Investments
made out of Catastrophe reserve should be shown separately. |
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| (d) Debt
securities will be considered as “held to maturity” securities and will be
measured at historical cost subject to amortisation. |
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| (e) Investment Property means a property [land or building or
part of a building or both] held to earn rental income or for capital
appreciation or for both, rather than for use in services or for
administrative purposes. |
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| (f) Investments maturing within twelve months from
balance sheet date and investments made with the specific intention to
dispose of within twelve months from balance sheet date shall be classified
as short-term investments |
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