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)

 

( ₹ in 000)

   

30 Jun 21

30 Jun 20

A )  

 CASH FLOW FROM OPERATING ACTIVITIES

     
 

Net Profit before taxation as per Profit & Loss A/c

  

-11667 229

 

-8112 211

 

Adjustments for:

     
 

Exchange -Loss/Gain charged

 

-1941 887

 

-854 875

 
 

Provision for diminution in value of investment

 

 0

 

 0

 
 

Provision for doubtful loans, investments & Debts

 

1790 867

 

1900 567

 
 

Amortisation of Premium on Investment

 

107 841

 

79 211

 
 

Depreciation

 

32 804

 

33 646

 
 

-Profit /Loss on sale of Assets

 

 472

 

- 440

 
 

Provision for Leave Encashment & Salary Arrears

 

-164 323

 

33 005

 
 

Sundry Balances Written off/ -back

 

 57

-174 169

 0

1191 114

 

Operating Profit before working capital changes

  

-11841 398

 

-6921 097

 

Changes in Unexpired Risk Reserves

 

15808 168

 

9634 481

 
 

Changes in Premium Deficiency Reserve

 

110 699

 

75 229

 
 

Changes in Provisions for Outstanding Claims

 

37353 100

 

68590 528

 
 

Changes in Income accrued on Investments

 

-660 967

 

61 322

 
 

Changes in Balances with Insurance Companies

 

-17031 038

 

-48335 723

 
 

Changes in Advance and Deposits

 

-1044 008

 

-96 430

 
 

Changes in other Current Liabilities

 

-821 290

33714 664

4040 509

33969 916

 

Cash generated from operations

  

21873 266

 

27048 819

 

Income Tax Paid (Net)

  

-2940 328

 

-555 798

 

Net Cash from Operating Activities

  

18932 938

 

26493 021

       

B )

CASH FLOWS FROM INVESTING ACTIVITIES

 

 

   
 

Purchase of Fixed Assets

  

-3 831

 

-1 294

 

Proceeds from sale of Fixed Assets

  

 544

 

1 949

 

Foreign Currency Translation Reserve

  

1319 963

 

57 438

 

Changes in net Investments

  

-18399 863

 

5575 352

 

Net Cash used in Investing Activities

  

-17083 187

 

5633 445

       

C )

CASH FLOWS FROM FINANCING ACTIVITIES

     
 

Dividend Paid

  

 0

 

 0

 

Dividend Tax Paid

  

 0

 

 0

 

Net Cash from Financing Activities

  

 0

 

 0

       

D)

Effect of Foreign Exchange on Cash & Cash equivalents(Net)

  

1941 887

 

854 875

       
 

Net increase in Cash and Cash equivalents (A+B+C+D)

  

3791 638

 

32981 340

 

Cash and Cash equivalents at beginning of period

  

182940 927

 

158537 841

 

Cash and Cash equivalents at the end of period

  

186732 565

 

191519 181