FORM NL-3-B-BS
Name of the Insurer:GENERAL INSURANCE CORPORATION OF INDIA-
Registration No.112
Date of Registration with the IRDA : 2nd April, 2001
BALANCE SHEET AS AT 31ST MARCH, 2011
- - SCHEDULE FOR THE PERIOD 31.03.2011 FOR THE PREVIOUS PERIOD 31.03.2010
- - - ( Rs IN 000) ( Rs IN 000)
- SOURCES OF FUNDS - - -
- - - - -
- SHARE CAPITAL-------------------------------------------------------------- NL-8-Share Capital Schedule 4300 000 4300 000
- - - - -
- SHARE APPLICATION MONEY PENDING ALLOTMENT - - -
- - - - -
- RESERVES AND SURPLUS NL-10-Reserves and Surplus Schedule 93902 190 85965 715
- - - - -
- Deferred Tax Liability -  0  0
- - - - -
- FAIR VALUE CHANGE ACCOUNT - 188177 072 170284 627
- - - - -
- BORROWINGS NL-11-Borrowings Schedule - -
- - - - -
- TOTAL - 286379 262 260550 342
- - - - -
- APPLICATION OF FUNDS - - -
- - - - -
- INVESTMENTS NL-12-Investment Schedule 366924 795 335739 301
- - - - -
- LOANS NL-13-Loans Schedule 5953 935 6951 498
- - - - -
- FIXED ASSETS NL-14-Fixed Assets Schedule 448 945 446 480
- - - - -
- DEFERRED TAX ASSET - 15 160 753 506
- - - - -
- CURRENT ASSETS - - -
- Cash and Bank Balances NL-15-Cash and bank balance Schedule 47566 041 27731 148
- Advances and Other Assets NL-16-Advancxes and Other Assets Schedule 76376 758 66799 390
- - - - -
- Sub-Total (A) - 123942 799 94530 538
- - - - -
- CURRENT LIABILITIES NL-17-Current Liabilities Schedule 147664 245 122970 438
- - - - -
- PROVISIONS NL-18-Provisions Schedule 63242 127 54900 543
- - - - -
- DEFERRED TAX LIABILITY - - -
- - - - -
- Sub-Total (B) - 210906 372 177870 981
- - - - -
- NET CURRENT ASSETS (C) = (A - B) - -86963 573 -83340 443
- - - - -
- MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule - -
- - - - -
- DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT - - -
- - - - -
- TOTAL - 286379 262 260550 342
- - - -
- - - -
CONTINGENT LIABILITIES - - 10947 692 17300 930
- - - -
- Particulars - FOR THE QUARTER For the corresponding quarter of the preceeding year 
- - - (Rs.’000) (Rs.’000)
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 - 12818.60245 -
6 Reinsurance obligations to the extent not provided for in accounts - 4305329.846 -
7 Others (to be specified) - - -
- TOTAL - - -