FORM NL-2-B-PL
Registration No.  and Date of  Registration with the IRDA
Date of  Registration with the IRDA : 2nd April, 2001
PROFIT AND LOSS ACCOUNT FOR THE QUARTER ENDED 30.06.2010
  Particulars Schedule FOR THE QUARTER ENDED 30.06.2010 For the corresponding quarter of the preceeding year 30.06.2009
      (Rs. IN 000) (Rs. IN 000)
1 OPERATING PROFIT/(LOSS)      
  (a) Fire Insurance   2901 946 841 941
  (b) Marine Insurance   -116 884 18 056
  (c) Miscellaneous Insurance   596 434 -941 501
  (d) Life Insurance   21 438 8 621
2 INCOME FROM INVESTMENTS      
  (a) Interest, Dividend & Rent – Gross   1279 180 1072 598
  (b) Profit on sale of investments   171 155 514 475
  Less: Loss on sale of investments      
3 OTHER INCOME       
  Profit on Exchange   320 474  0
  Profit on sale of Assets (Net)    63  93
  Interest on Income-tax Refund   458 658  0
  Motor Pool Service Charges   28 853 -3 562
  Miscellaneous Receipts   3 270 2 679
  TOTAL (A)   5664 587 1513 400
4 Provision for Doubtful Loans, Investment & Debts   12 212  0
5. Amortisation of premium on Investments   57 827  824
6. Diminution in the value of investments written off   12 393  0
7. Other Expenses :      
  Expenses relating to Investments    7 1 900
  Loss on Exchange    0 278 407
  TOTAL (B)   82 439 281 131
  Profit Before Tax   5582 148 1232 269
  Provision for Taxation      
  Current Tax   1644 200 281 205
  Wealth Tax    0  0
  Deferred Tax    0  0
  Fringe Benefit Tax    0 2 100
  Provision for Tax in respect of earlier years   21 154  0
  Profit after Tax   3916 794 948 964
  Balance brought forward from last year    610  71
  Profit available for appropriation   3917 404 949 035
  APPROPRIATIONS      
  (a) Proposed  dividend    0  0
  (b) Dividend distribution tax    0  0
  (c) Transfer to General Reserve    0 945 000
  (d) Balance carried forward to Balance Sheet   3917 404  870