| GENERAL INSURANCE CORPORATION OF INDIA |
| Registration No. 112 |
| Date of Registration with IRDAI : 2nd April, 2001 |
| CONSOLIDATED BALANCE SHEET AS AT 31 MARCH 2020 |
| |
Particulars |
Schedule |
|
Current Year |
Previous Year |
| |
|
|
|
(` '000) |
(` '000) |
| SOURCES OF FUNDS |
|
|
|
|
|
| |
Share Capital |
5 |
|
87,72,000 |
87,72,000 |
| |
Reserves and Surplus |
6 |
|
23,06,68,250 |
24,61,51,751 |
| |
Borrowings |
7 |
|
0 |
0 |
| |
Deferred Tax Liability |
|
|
0 |
0 |
| |
Fair Value Change Account |
|
|
|
|
| |
Policyholders' Fund |
|
|
3,25,13,285 |
8,40,13,142 |
| |
Shareholders' Fund |
|
|
11,62,07,293 |
22,02,26,487 |
| |
Total |
|
|
38,81,60,828 |
55,91,63,380 |
| APPLICATION OF FUNDS |
|
|
|
|
|
| |
Investments - Shareholders |
8 |
|
|
|
| |
Investments - Policyholders |
8 |
|
|
|
| |
Loans |
9 |
|
|
|
| |
Fixed Asssets |
10 |
|
|
|
| |
Goodwill on consolidation |
|
|
|
|
| |
Deferred Tax Asset |
|
|
|
|
| |
Current Assets: |
|
|
|
|
| |
Cash and Bank Balances |
11 |
|
|
|
| |
Advances and Other Assets |
12 |
|
|
|
| |
Sub-Total (A) |
|
|
|
|
| |
|
|
|
|
|
| |
Current Liabilities |
13 |
|
|
|
| |
Provisions |
14 |
|
|
|
| |
Sub-Total (B) |
|
|
|
|
| |
Net Current Assets (C)=(A-B) |
|
|
|
|
| |
Miscellaneous Expenditure |
15 |
|
0 |
0 |
| |
Total |
|
|
|
|
| CONTINGENT LIABILITIES |
|
|
|
|
|
Ranked 11th Among the top
