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 |
|
|
|
|
|