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Consolidated Financial Statement 2015-16

BS - Consolidated Financial Statement 2015-16

GENERAL INSURANCE CORPORATION OF INDIA
Registration No. 112
Date of Registration with IRDAI : 2nd April, 2001
CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2016
  Particulars Schedule   Current Year Previous Year
        (` '000) (` '000)
SOURCES OF FUNDS          
  Share Capital 5   4300 000 4300 000
  Reserves and Surplus 6   166275 413 144256 118
  Borrowings 7   0 0
  Deferred Tax Liability     0 0
  Fair Value Change Account     234514 802 281475 674
  Total     405090 215 430031 792
APPLICATION OF FUNDS          
  Investments 8   556807 227 567577 368
  Loans 9   3657 759 3938 449
  Fixed Assets 10   1709 509 1384 489
  Goodwill on Consolidation     273 832 273 832
  Deferred Tax Asset     51 063 205 670
  Current Assets:        
  Cash and Bank Balances 11 97793 636   77488 759
  Advances and Other Assets 12 156181 138   145612 226
  Sub-Total (A)   253974 774   223100 985
  Current Liabilities 13 306196 033   275570 058
  Provisions 14 105187 916   90878 943
  Sub-Total (B)   411383 949   366449 001
  Net Current Assets (C)=(A-B)     -157409 175 -143348 016
  Miscellaneous Expenditure 15   0 0
  Total     405090 215 430031 792
CONTINGENT LIABILITIES     27645 157 30860 684  
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