FORM NL-20-RECEIPT AND PAYMENTS SCHEDULE
	Format of Receipts and Payments A/c to be furnished by the insurers on direct basis
				(` in  '000)		(` '000)
			30-Sep-19		30-Sep-18
A )	CASH FLOW FROM OPERATING ACTIVITIES
	Net Profit before taxation as per Profit & Loss A/c			-4811 294		11996 352
	Adjustments for:
	Exchange -Loss/Gain charged		-1346 287		-6356 671
	Provision for diminution in value of investment		0		0
	Provision for doubtful loans, investments & Debts		5277 156		1387 836
	Amortisation of Premium on Investment		153 177		155 979
	Depreciation		106 185		56 638
	-Profit /Loss on sale of Assets		27		230
	Provision for Leave Encashment & Salary Arrears		992 148		19 204
	Sundry Balances Written off/ -back		0	5182 406	0	-4736 784
	Operating Profit before working capital changes			371 112		7259 568
	Changes in Unexpired Risk Reserves		-2054 293		-4800 527
	Changes in Premium Deficiency Reserve		487 869		74 510
	Changes in Provisions for Outstanding Claims		131324 667		81760 011
	Changes in Income accrued on Investments		-760 811		-1184 251
	Changes in Balances with Insurance Companies		-91957 382		-53120 141
	Changes in Advance and Deposits		240 158		-3261 616
	Changes in other Current Liabilities		-2476 786	34803 422	907 600	20375 586
	Cash generated from operations			35174 534		27635 154
	Income Tax Paid (Net)			-4661 886		-1400 270
	Net Cash from Operating Activities			30512 648		26234 884
B )	CASH FLOWS FROM INVESTING ACTIVITIES
	Purchase of Fixed Assets			-9 700		-237 981
	Proceeds from sale of Fixed Assets			963		993
	Foreign Currency Translation Reserve			-742 894		3656 362
	Changes in net Investments			-11307 841		-42323 990
	Net Cash used in Investing Activities			-12059 472		-38904 616
C )	CASH FLOWS FROM FINANCING ACTIVITIES
	Dividend Paid			-11842 200		-11842 200
	Dividend Tax Paid			-2434 283		-2434 283
	Net Cash from Financing Activities			-14276 483		-14276 483
D)	Effect of Foreign Exchange on Cash & Cash equivalents(Net)			1346 287		6356 670
	Net increase in Cash and Cash equivalents (A+B+C+D)			5522 980		-20589 546
	Cash and Cash equivalents at beginning of period			128479 084		141716 159
	Cash and Cash equivalents at the end of period			134002 064		121126 613