FORM NL-2-B-PL
Registration No.--112
Date of--Registration with the IRDA : 2nd April, 2001
PROFIT AND LOSS ACCOUNT FOR THE PERIOD ENDED 31.12.2010
- Particulars Schedule FOR THE QUARTER FOR THE IIIrd QTR 31.12.2010 FOR THE QUARTER OF THE PRECEDING YEAR FOR THE PREVIOUS IIIrd QTR 31.12.2009
- - - (RsIN 000) (RsIN 000) (RsIN 000) (RsIN 000)
1 OPERATING PROFIT/(LOSS) - - - - -
- (a)-----------------Fire Insurance - 12 800 3323 224 -42 351 2639 689
- (b)-----------------Marine Insurance - -609 726 -285 592 307 265 445 883
- (c )---------Miscellaneous Insurance - 1190 868 3972 497 3638 784 2035 279
- (d)         Life Insurance - 9 435 64 563 -6 971 2 547
- - - - - - -
2 INCOME FROM INVESTMENTS - - - - -
- (a) Interest, Dividend & Rent – Gross - 1312 490 4646 247 1148 351 4045 234
- (b) Profit on sale of investments - 481 208 2047 325 724 966 1960 985
- ------Less: Loss on sale of investments - - - - -
- - - - - - -
3 OTHER INCOME (To be specified) - - -  0 -
- Profit on Exchange - 73 482 191 222 -34 514  0
- Profit on sale of Assets (Net) -  83  248 - 16  112
- Interest on Income-tax Refund -  0 458 658 33 003 33 003
- Motor Pool Service Charges - 51 509 153 600 78 979 303 625
- Miscellaneous Receipts - 9 932 14 295 2 911 6 657
- TOTAL (A) - 2532 081 14586 287 5850 407 11473 014
- - - - - - -
4 Provision for Doubtful Loans, Investment & Debts - 107 706 143 976 30 087 11 198
5. Amortisation of premium on Investments - 58 270 172 612 61 882 194 909
6. Diminution in the value of investments written off - -7 980 4 993 12 826 12 826
- - - - - - -
- - - - - - -
7. OTHER EXPENSES - - - - -
- Expenses relating to Investments - 4 770 10 628 3 760 7 958
- Loss on Exchange -  0  0 1021 924 1021 924
- 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 - 21 902 21 902  0 4 688
- TOTAL (B) - 184 668 354 111 1130 479 1253 503
- Profit Before Tax--------------------------------- - 2347 413 14232 176 4719 928 10219 511
- Provision for Taxation : - - - - -
- Current Tax - 689 714 3646 114 368 321 1146 112
- Wealth Tax -  0  0  0  255
- Mat Tax -  0  0  0  0
- Deferred Tax -  0  0  0  0
- Fringe Benefit Tax -  0  0  0 2 887
- Provision for Tax in respect of earlier years -  0 21 154 -92 974 -92 974
- Profit after Tax - 1657 699 10564 908 4444 581 9163 231
- Balance brought forward from last year -  0  610  0  71
- Profit available for appropriation - 1657 699 10565 518 4444 581 9163 302
- 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 4445 000 9163 000
- (e)          Balance carried forward to Balance Sheet - 1657 699 10565 518 - 419  302
- - - 1657 699 10565 518 4444 581 9163 302
- - - - - - -