FORM NL-2-B-PL - - -
Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA - -
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Registration No.112 - - -
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Date of Registration with the IRDA : 2nd April, 2001 - - -
PROFIT AND LOSS ACCOUNT FOR THE QUARTER ENDED 30.06.2011 - -
- Particulars Schedule FOR THE QUARTER 30.06.2011 FOR THE PREVIOUS QUARTER 30.06.2010
- - - ( Rs IN 000) ( Rs IN 000)
1 OPERATING PROFIT/(LOSS) - - -
- (a)Fire Insurance - -175 833 2901 946
- (b)Marine Insurance - 315 614 -116 884
- (c )Miscellaneous Insurance - 2458 298 596 434
- (d)Life Insurance - 86 033 21 438
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2 INCOME FROM INVESTMENTS - - -
- (a) Interest, Dividend & Rent – Gross - 1453 147 1279 180
- (b) Profit on sale of investments - 354 308 171 155
- Less: Loss on sale of investments - - -
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3 OTHER INCOME (To be specified) - - -
- Profit on Exchange - 359 046 320 474
- Profit on sale of Assets (Net) -  0  63
- Interest on Income-tax Refund - 34 967 458 658
- Motor Pool Service Charges - 104 550 28 852
- Miscellaneous Receipts - 2 043 3 270
- TOTAL (A) - 4992 173 5664 586
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4 Provision for Doubtful Loans, Investment & Debts - 20 056 12 212
5. Amortisation of premium on Investments - 53 254 57 826
6. Diminution in the value of investments written off - 6 452 12 393
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7. OTHER EXPENSES - - -
- Expenses relating to Investments - 4 117  7
- TOTAL (B) - 83 879 82 438
- Profit Before Tax--------------------------------- - 4908 294 5582 148
- Provision for Taxation : - - -
- Current Tax - 1361 706 1644 200
- Wealth Tax -  0  0
- Mat Tax -  0  0
- Deferred Tax -  0  0
- Fringe Benefit Tax -  0  0
- Provision for Tax in respect of earlier years -  0 21 154
- Profit after Tax - 3546 588 3916 794
- Balance brought forward from last year -  599  610
- Profit available for appropriation - 3547 187 3917 404
- APPROPRIATIONS - - -
- (a)-----------------Interim dividends paid during the year -  0  0
- (b)-----------------Proposed final dividend -  0  0
- (c)-----------------Dividend distribution tax -  0  0
- (d)-----------------Transfer to General Reserve -  0  0
- (e)          Balance carried forward to Balance Sheet - 3547 187 3917 404
- - - 3547 187 3917 404
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