FORM NL-3-Balance Sheet
Registration No. 112
Date of Registration with IRDA : 2nd April, 2001
BALANCE SHEET AS AT 31ST MARCH, 2010
  Particulars Schedule 31st March 2010 31st March 2009 31st March 2008 31st March 2007 31sr March 2006 31st March 2005
- - - (Rs. '000) (Rs. '000) (Rs. '000) (Rs. '000) (Rs. '000) (Rs. '000)
SOURCES OF FUNDS
 - Share Capital NL-8-Share Capital Schedule 4300 000 4300 000 4300 000 4300 000 4300 000 2150 000
- Reserves and Surplus NL-10-Reserves and Surplus Schedule 85965 715 73533 394 62537 681 54982 562 43291 278 40442 551
- Deferred Taxation Liability -  0 19 127  0  0  0 40 224
- Fair Value Change Account - 170284 627 60747 417 142874 276 98284 280 103116 112 51441 420
- BORROWINGS NL-11-Borrowings Schedule  0 - - - -  -
- Total - 260550 342 138599 938 209711 957 157566 842 150707 390 94074 195
APPLICATION OF FUNDS
 - Investments NL-12-Investment Schedule 335739 301 209947 118 285137 803 229051 098 213808 320 146302 589
- Loans NL-13-Loans Schedule 6951 498 7193 180 6801 682 7491 036 7532 289 8040 494
- Fixed Asssets NL-14-Fixed Assets Schedule 446 480 436 144 410 244 436 939 427 591 403 057
- Deferred Taxation Liability   753 506  0 1394 372 617 875 1698 862  
- Current Assets:   -          
 -         Cash and Bank Balances NL-15-Cash and bank balance Schedule 27731 148 31327 002 25275 891 18037 470 18764 459 14943 668
 -         Advances and Other Assets NL-16-Advancxes and Other Assets Schedule 66799 390 51292 939 41108 336 29605 388 22008 782 18156 893
- Sub-Total (A)   94530 538 82619 941 66384 227 47642 858 40773 241 33100 561
-                
 - Current Liabilities NL-17-Current Liabilities Schedule 122970 438 114404 390 100470 564 87291 889 87216 664 64986 990
- Provisions NL-18-Provisions Schedule 54900 543 47192 055 49945 807 40381 075 26316 249 28785 516
- Sub-Total (B) - 177870 981 161596 445 150416 371 127672 964 113532 913 93772 506
- Net Current Assets (C)=(A-B) - -83340 443 -78976 504 -84032 144 -80030 106 -72759 672 -60671 945
- MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule   - - - - -
 - DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT -   - - - - -
TOTAL 260550342 138599 938 209711 957 157566 842 150707 390 94074 195
CONTINGENT LIABILITIES--            
Claims against the Corporation not acknowledged pending arbitration-- 17300930 4610 842 2243 666  33 46 881   5 000   5 000
CONTINGENT LIABILITIES
- Particulars - - - - - - -
1 Partly paid-up investments - - - - - - -
2 Claims, other than against policies, not acknowledged as debts by the company - - - - -  - -
3 Underwriting commitments outstanding (in respect of shares and securities) - - - - -  - -
4 Guarantees given by or on behalf of the Company - - - -  -  - -
5 Statutory demands/ liabilities in dispute, not provided for - - - -  - -  -
6 Reinsurance obligations to the extent not provided for in accounts - - - - - - -
7 Others (to be specified)  - - - - - - -
- TOTAL - - - - - - -