FORM NL-2-B-PL
Registration No.  112
Date of  Registration with the IRDA : 2nd April, 2001
PROFIT AND LOSS ACCOUNT FOR THE HALF YEAR ENDED 30.09.2010
Particulars Schedule UP TO THE QUARTER FOR THE HALF YEAR ENDED 30.09.2010 UP TO THE QUARTER OF THE PRECEDING YEAR FOR THE PREVIOUS HALF YEAR ENDED 30.09.2009
      ( Rs. IN 000) ( Rs. IN 000) ( Rs.IN 000) ( Rs. IN 000)
1 OPERATING PROFIT/(LOSS)               
   (a) Fire Insurance   408 478 3310 424 1840 099 2682 040
   (b)Marine Insurance   441 018 324 134 120 562 138 618
   (c)Miscellaneous Insurance   2185 195 2781 629 -662 004 -1603 505
   (d)Life Insurance   33690 55128 897 9518
              
2 INCOME FROM INVESTMENTS          
   (a) Interest, Dividend & Rent – Gross   2054 577 3333 757 1824 285 2896 883
   (b) Profit on sale of investments   1394 962 1566 117 721 544 1236 019
3 OTHER INCOME (To be specified)       0  
   Profit on Exchange   -202 734 117 740 34 514 34 514
   Profit on sale of Assets (Net)   102 165 35 128
   Interest on Income-tax Refund   0 458 658 0 0
   Motor Pool Service Charges   73238 102091 228208 224646
   Miscellaneous Receipts   1093 4363 1067 3746
   TOTAL (A)   6389619 12054206 4109207 5622607
4 Provision for Doubtful Loans, Investment & Debts   24 058 36 270 -18 889 -18 889
5 Amortisation of premium on Investments   56 515 114 342 132 203 133 027
6 Diminution in the value of investments written off   580 12973 0 0
7 OTHER EXPENSES          
   Expenses relating to Investments   5 851 5 858 2 298 4 198
   Loss on Exchange   0 0 -278 407 0
   Loss on sale of Assets (Net)   0 0 0 0
   Sundry Balances Written off(Net)   0 0 0 0
   Loss on Distribution of LPA Assets   0 0 0 0
   Interest on Service Tax   0 0 1 523 4 688
  TOTAL (B)   87 004 169 443 -161 272 123 024
   Profit Before Tax   6302615 11884763 4270479 5499583
   Provision for Taxation :          
   Current Tax   1312200 2956400 496586 777791
   Wealth Tax   0 0  255  255
   Mat Tax   0 0  255  255
   Deferred Tax   0 0  255  255
   Fringe Benefit Tax   0 0  787 2 887
   Provision for Tax in respect of earlier years   0 21 154 0 0
   Profit after Tax   4990 415 8907 209 3772 851 4718 650
   Balance brought forward from last year   0  610 0  71
   Profit available for appropriation   4990 415 8907 819 3772 851 4718 721
   APPROPRIATIONS          
   (a) Interim dividends paid during the year   0 0 0 0
   (b)Proposed final dividend   0 0 0 0
   (c)Dividend distribution tax   0 0 0 0
  (d)Transfer to General Reserve   0 0 3773000 4718 000
   (e) Balance carried forward to Balance Sheet   4990 415 8907 819 - 149  721
       4990 415 8907 819 3772 851 4718 721