| FORM NL-12-INVESTMENT SCHEDULE | |||
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| Investments | |||
| INVESTMENTS - SHAREHOLDERS' FUND | |||
| ( Rs. IN 000) | |||
| Particulars | As at 31.03.2020 | As at 31.03.2019 | |
| LONG TERM INVESTMENTS | |||
| 1 | Government securities and Government guaranteed | 56922 279 | 60626 421 |
| bonds including Treasury Bills | |||
| 2 | Other Approved Securities | 356 529 | 590 708 |
| 3 | Other Investments | ||
| (a) Shares | |||
| (aa) Equity - Indian | 49881 186 | 107189 749 | |
| Equity - Foreign | 569 499 | 569 499 | |
| (bb) Preference | 0 | 360 | |
| (b) Mutual Funds | 0 | 0 | |
| (c) Derivative Instruments | 0 | 0 | |
| (d) Debentures /Bonds Indian | 3263 036 | 5656 832 | |
| Debentures /Bonds Foreign | 0 | 0 | |
| (e) Other Securities | |||
| Guaranteed Equity | 110 | 138 | |
| (f) Subsidiaries | 6712 429 | 6042 195 | |
| (e) Associates - Indian | 0 | 0 | |
| Associates - Foreign | 159 479 | 159 479 | |
| 4 | Investments in Infrastructure and Social Sector | ||
| (a) Equity | 1248 021 | 3010 331 | |
| (b) Debentures/Bonds | 14270 294 | 19132 410 | |
| 5 | Other than Approved Investments | ||
| (a) Equity/Preference/Debentures/Venture Funds | 5544 844 | 1599 463 | |
| (b) Preference | 111 | 4 947 | |
| (c) Debentures /Bond | 3547 348 | 3771 213 | |
| (d) Venture Funds | 294 856 | 407 253 | |
| (e) Associate Indian | 700 000 | 700 000 | |
| Short Term Investments | |||
| 1 | Government securities and Government guaranteed | 2286 222 | 2886 972 |
| bonds including Treasury Bills | |||
| 2 | Other Approved Securities | 149 080 | 104 442 |
| 3 | Other Investments | ||
| (a) Shares | |||
| (aa) Equity | 0 | 0 | |
| (bb) Preference | 0 | 0 | |
| (b) Mutual Funds | 5081 513 | 5683 945 | |
| (c) Derivative Instruments | 0 | 0 | |
| (d) Debentures /Bond Indian | 636 180 | 1382 061 | |
| Debentures /Bond Foreign | 0 | 0 | |
| (e) Other Securities | |||
| Commercial Paper | 0 | 0 | |
| (f) Subsidiaries | 0 | 0 | |
| (g) Associates - Indian | 0 | 0 | |
| Associates - Foreign | 0 | 0 | |
| 4 | Investments in Infrastructure and Social Sector | ||
| (a) Debentures /Bond | 3821 903 | 4623 322 | |
| 5 | Other than Approved Investments | ||
| (a) Preference Shares | 43 | 7 330 | |
| (b) Debentures /Bond | 1592 825 | 1228 374 | |
| (c) Mutual Funds | 0 | 0 | |
| TOTAL | 157037 787 | 225377 444 | |
| Figures for the previous year have been regrouped where necessary. | |||
| INVESTMENTS - POLICYHOLDERS' FUND | |||
| Particulars | As at 31.03.2020 | As at 31.03.2019 | |
| LONG TERM INVESTMENTS | |||
| LONG TERM INVESTMENTS | |||
| 1 | Government securities and Government guaranteed | 201935 813 | 158796 026 |
| bonds including Treasury Bills | |||
| 2 | Other Approved Securities | 1264 813 | 1547 216 |
| 3 | Other Investments | ||
| (a) Shares | |||
| (aa) Equity - Indian | 176957 036 | 280757 224 | |
| Equity - Foreign | 0 | 0 | |
| (bb) Preference | 0 | 943 | |
| (b) Mutual Funds | 0 | 0 | |
| (c) Derivative Instruments | 0 | 0 | |
| (d) Debentures /Bonds Indian | 11575 853 | 14816 684 | |
| Debentures /Bonds Foreign | 0 | 0 | |
| (e) Other Securities | |||
| Guaranteed Equity | 390 | 362 | |
| (f) Subsidiaries | 0 | 0 | |
| (e) Associates - Indian | 0 | 0 | |
| Associates - Foreign | 0 | 0 | |
| 4 | Investments in Infrastructure and Social Sector | ||
| (a) Equity | 4427 441 | 7884 822 | |
| (b) Debentures/Bonds | 50624 877 | 50112 649 | |
| 5 | Other than Approved Investments | ||
| (a) Equity/Preference/Debentures/Venture Funds | 19670 727 | 4189 400 | |
| (b) Preference | 393 | 12 957 | |
| (c) Debentures /Bond | 12584 467 | 9877 765 | |
| (d) Venture Funds | 1046 024 | 1066 700 | |
| (e) Associate Indian | 0 | 0 | |
| Short Term Investments | |||
| 1 | Government securities and Government guaranteed | 8110 533 | 7561 717 |
| bonds including Treasury Bills | |||
| 2 | Other Approved Securities | 528 872 | 273 561 |
| 3 | Other Investments | ||
| (a) Shares | |||
| (aa) Equity | 0 | 0 | |
| (bb) Preference | 0 | 0 | |
| (b) Mutual Funds | 18027 027 | 14887 699 | |
| (c) Derivative Instruments | 0 | 0 | |
| (d) Debentures /Bond Indian | 2256 893 | 3619 968 | |
| Debentures /Bond Foreign | 0 | 0 | |
| (e) Other Securities | |||
| Commercial Paper | 0 | 0 | |
| (f) Subsidiaries | 0 | 0 | |
| (g) Associates - Indian | 0 | 0 | |
| Associates - Foreign | 0 | 0 | |
| 4 | Investments in Infrastructure and Social Sector | ||
| (a) Debentures /Bond | 13558 471 | 12109 655 | |
| 5 | Other than Approved Investments | ||
| (a) Preference Shares | 152 | 19 198 | |
| (b) Debentures /Bond | 5650 660 | 3217 424 | |
| (c) Mutual Funds | 0 | 0 | |
| TOTAL | 528220 442 | 570751 970 | |
| Figures for the previous year have been regrouped where necessary. | |||
| Notes: | |||
| (a) Investments in subsidiary/holding companies, joint ventures and associates shall be separately disclosed, at cost. | |||
| (i) Holding company and subsidiary shall be construed as defined in the Companies Act, 1956: | |||
| (ii) Joint Venture is a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to joint control. | |||
| (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. | |||
| (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. | |||
| (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. | |||
| A substantial or majority ownership by another investor does not necessarily preclude an investor from having significant influence. | |||
| (b) Aggregate amount of company's investments other than listed equity securities and derivative instruments and also the market value thereof shall be disclosed. | |||
| (c) Investments made out of Catastrophe reserve should be shown separately. | |||
| (d) Debt securities will be considered as “held to maturity” securities and will be measured at historical cost subject to amortisation. | |||
| (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. | |||
| (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 | |||