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 | ||||