FORM NL-12 & 12A -INVESTMENT SCHEDULE

      

(Amount in Rs. Lakhs)

  

NL -12

NL -12A

  
  

Shareholders

Policyholders

Total

 

Particulars

As At 31.03.2022

As At 31.03.2021

As At 31.03.2022

As At 31.03.2021

As At 31.03.2022

As At 31.03.2021

 

LONG TERM INVESTMENTS

      

1

Government securities and Government guaranteed bonds including Treasury Bills

 908,984.00

 770,412.65

 3,042,750.55

 2,633,125.35

 3,951,734.55

 3,403,538.00

2

Other Approved Securities

 2,179.46

 2,373.64

 7,295.58

 8,112.66

 9,475.04

 10,486.30

3

Other Investments

0

   

 -  

 -  

 

( a) Shares

 -  

 -  

  

 -  

 -  

(aa)  Equity Indian

 858,954.32

 760,668.31

 2,875,280.23

 2,599,821.02

 3,734,234.55

 3,360,489.33

(ab)  Equity  Foreign

 5,694.99

 5,694.99

  

 5,694.99

 5,694.99

(bb) Preference

 -  

   

 -  

 -  

( b)  Mutual Funds

 -  

 -  

  

 -  

 -  

(c)   Derivative Instruments

 -  

 -  

  

 -  

 -  

(d)   Debentures/ Bonds Indian

 17,475.27

 28,386.51

 58,497.07

 97,019.75

 75,972.34

 125,406.26

(d)   Debentures/ Bonds Foreign

 -  

 -  

  

 -  

 -  

(e)  Other Securities (to be specified)

 -  

 -  

  

 -  

 -  

          Guaranteed  Equity

 1.15

 1.13

 3.85

 3.87

 5.00

 5.00

(f)    Subsidiaries

 74,249.32

 71,431.88

  

 74,249.32

 71,431.88

(g)   Associates - Indian

 -  

 -  

  

 -  

 -  

            Associates - Foreign

 3,154.79

 3,154.79

  

 3,154.79

 3,154.79

(g)  Investment Properties-Real Estate

 -  

 -  

  

 -  

 -  

4

Investments in Infrastructure and Housing

    

 -  

 -  

 

(a) Equity

 31,998.22

 21,763.29

 107,111.47

 74,382.83

 139,109.69

 96,146.12

 

(b) Debentures/Bonds

 232,993.79

 200,755.63

 779,927.91

 686,144.93

 1,012,921.70

 886,900.56

5

Other than Approved Investments

    

 -  

 -  

 

(a) Equity/Preference/Debentures/Venture Funds

 115,611.76

 102,362.62

 387,001.02

 349,856.14

 502,612.78

 452,218.76

 

(b) Preference

 

 0.66

 

 2.26

 -  

 2.92

 

(c) Debentures /Bond

 16,296.93

 29,926.61

 54,552.65

 102,283.52

 70,849.58

 132,210.14

 

(d) Venture Funds

 2,812.49

 2,865.68

 9,414.58

 9,794.36

 12,227.06

 12,660.04

 

(e) Associate Indian

 7,000.00

 7,000.00

  

 7,000.00

 7,000.00

 

Total

 2,277,406.50

 2,006,798.40

 7,321,834.90

 6,560,546.70

 9,599,241.39

 8,567,345.10

 

SHORT TERM INVESTMENTS

      

1

Government securities and Government guaranteed bonds including Treasury Bills

 32,823.47

 35,295.21

 109,873.91

 120,632.39

 142,697.38

 155,927.60

2

Other Approved Securities

 659.93

 1,480.56

 2,209.08

 5,060.29

 2,869.01

 6,540.86

3

Other Investments

    

 -  

 -  

 

(a)  Shares

    

 -  

 -  

(aa) Equity

    

 -  

 -  

(bb) Preference

    

 -  

 -  

(b)   Mutual Funds

 11,351.19

 31,565.40

 37,997.18

 107,884.61

 49,348.37

 139,450.01

(c)   Derivative Instruments

 -  

 -  

  

 -  

 -  

(d)   Debentures/ Bonds Indian

 16,429.66

 6,422.39

 54,996.95

 21,950.51

 71,426.61

 28,372.89

(d)   Debentures/ Bonds Foreign

    

 -  

 -  

(e)   Other Securities : Commercial Paper )

    

 -  

 -  

(f)    Subsidiaries

    

 -  

 -  

     (g)   Associates - Indian

    

 -  

 -  

            Associates - Foreign

    

 -  

 -  

(g)   Investment Properties-Real Estate

    

 -  

 -  

4

Investments in Infrastructure and Housing

    

 -  

 -  

 

     (a)  Debentures /Bond

 27,937.16

 26,016.20

 93,517.39

 88,918.48

 121,454.55

 114,934.68

5

Other than Approved Investments

    

 -  

 -  

 

     (a)   Preference Shares

 

 0.44

 

 1.50

 -  

 1.94

 

     (b) Debentures /Bond

 28,410.84

 21,953.42

 95,103.00

 75,032.66

 123,513.84

 96,986.08

 

     (c)  Mutual Funds

    

 -  

 -  

 

TOTAL

 117,612.25

 122,733.63

 393,697.51

 419,480.43

 511,309.76

 542,214.06

 

GRNAD TOTAL

 2,395,018.75

 2,129,532.03

 7,715,532.41

 6,980,027.13

 10,110,551.16

 9,109,559.15

        

Notes:

      

(a) Investments in subsidiary/holding companies, joint ventures and associates shall be separately disclosed, at cost.

   - Holding company and subsidiary shall be construed as defined in the Companies Act, 1956 as amended by Company Act 2013:

   - Joint Venture is a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to joint control.

  - 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.

  - Associate - is an enterprise in which the company has significant influence and which is neither a subsidiary nor a joint venture of the company.

  -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 in the Annexure A as specified below.

(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

(g) Investment Regulations, as amended from time to time, to be referred

        

A)  Aggregate value of Investments other than Listed Equity Securities and Derivative Instruments

      

(Amount in Rs. Lakhs)

 

Particulars

Shareholders

Policyholders

Total

 

As At 31.03.2022

As At 31.03.2021

As At 31.03.2022

As At 31.03.2021

As At 31.03.2022

As At 31.03.2021

        
 

Long Term Investments--

      
 

Book Value

 1,205,849.31

 983,300.75

 4,036,973.78

 3,694,628.61

 5,242,823.09

 4,677,929.36

 

market Value

 1,205,881.04

 980,645.81

 4,037,080.01

 3,684,653.02

 5,242,961.05

 4,665,298.83

        
 

Short Term Investments--

      
 

Book Value

 117,521.12

 113,725.33

 393,440.27

 427,308.57

 510,961.38

 541,033.90

 

market Value

 117,601.25

 113,973.39

 393,708.52

 428,240.66

 511,309.76

 542,214.06

        

Notes:

      

(a) Investments in subsidiary/holding companies, joint ventures and associates shall be separately disclosed, at cost.

   - Holding company and subsidiary shall be construed as defined in the Companies Act, 1956 as amended by Company Act 2013:

   - Joint Venture is a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to joint control.

  - 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.

  - Associate - is an enterprise in which the company has significant influence and which is neither a subsidiary nor a joint venture of the company.

  -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

(g) Investment Regulations, as amended from time to time, to be referred