FORM NL-22-RECEIPT AND PAYMENTS SCHEDULE
	GENERAL INSURANCE CORPORATION OF INDIA
REVIEWED STANDALONE CASH FLOW STATEMENT FOR THE HALF YEAR ENDED 30 SEPTEMBER 2022
As per Indirect Method
							(Amount in ₹ lakhs )
	Particulars			30 SEPTEMBER 2022		30 SEPTEMBER 2021
A )	CASH FLOW FROM OPERATING ACTIVITIES
	Net Profit before taxation as per Profit & Loss A/c				345 007.67	-	4,703.07
	Adjustments for:					-
	Exchange -Loss/Gain charged			( 92 092.56)		-21,568.16
	Provision for diminution in value of investment			0.00		1.88
	Provision for doubtful loans, investments & Debts			3 813.04		23,222.15
	Amortisation of Premium on Investment			2 643.20		2,197.39
	Depreciation			358.67		485.28
	-Profit /Loss on sale of Assets			- 12.27		17.41
	Provision for Leave Encashment & Salary Arrears			( 1 768.73)		-1,711.16
	Sundry Balances Written off/ -back			0.00	( 87 058.65)	0.57	2,645.37
	Operating Profit before working capital changes				257 949.02	-	7,348.44
	Changes in Unexpired Risk Reserves			( 1 65 141.77)		-137,847.75
	Changes in Premium Deficiency Reserve			( 1 939.69)		205.09
	Changes in Provisions for Outstanding Claims			6 75 833.83		701,740.71
	Changes in Income accrued on Investments			( 4 991.43)		-2,405.07
	Changes in Balances with Insurance Companies			( 1 97 690.40)		-85,238.06
	Changes in Advance and Deposits			( 11 907.79)		-11,182.47
	Changes in other Current Liabilities			13 996.20	308 158.95	12,307.61	477,580.04
	Cash generated from operations				5 66 107.97		484,928.48
	Income Tax Paid (Net)				( 1 02 936.01)		-43,724.72
	Net Cash from Operating Activities				4 63 171.96		441,203.76
B )	CASH FLOWS FROM INVESTING ACTIVITIES
	Purchase of Fixed Assets				( 553.02)		-160.23
	Proceeds from sale of Fixed Assets				15.50		41.45
	Foreign Currency Translation Reserve				- 28 070.47		747.90
	Changes in net Investments				( 3 54 688.48)		-396,807.06
	Net Cash used in Investing Activities				( 3 83 296.46)		-396,177.94
C )	CASH FLOWS FROM FINANCING ACTIVITIES
	Dividend Paid				( 39 474.00)		0.00
	Dividend Tax Paid				0.00		0.00
	Net Cash from Financing Activities				( 39 474.00)		0.00
D)	Effect of Foreign Exchange on Cash & Cash equivalents(Net)				92 092.56		21,568.16
	Net increase in Cash and Cash equivalents (A+B+C+D)				132 494.06		66,593.98
	Cash and Cash equivalents at beginning of period				21 08 312.27		1,829,409.27
	Cash and Cash equivalents at the end of period				22 40 806.33		1,896,003.26