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, 2012    
  PARTICULARS SCHEDULE TWELVE MONTH ENDING
31.03.2012
TWELVE MONTH ENDING
31.03.2011
      ( 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 72605 078 93902 190
- Deferred Tax Liability -   0   0
- FAIR VALUE CHANGE ACCOUNT - 170727 874 188177 072
- BORROWINGS NL-11-Borrowings Schedule    
- TOTAL - 247632 952 286379 262
- - - - -
- APPLICATION OF FUNDS      
- INVESTMENTS NL-12-Investment Schedule 369460 864 367793 346
- LOANS NL-13-Loans Schedule 4991 930 5953 935
- FIXED ASSETS NL-14-Fixed Assets Schedule 494 018 448 945
- DEFERRED TAX ASSET - 50 500 15 160
- - -    
- CURRENT ASSETS      
- Cash and Bank Balances NL-15-Cash and bank balance Schedule 69143 742 46697 489
- Advances and Other Assets NL-16-Advancxes and Other Assets Schedule 93168 102 76376 758
- Sub-Total (A) - 162311 844 123074 247
         
- CURRENT LIABILITIES NL-17-Current Liabilities Schedule 213447 278 147664 245
- PROVISIONS NL-18-Provisions Schedule 76228 926 63242 127
- DEFERRED TAX LIABILITY -    
- Sub-Total (B) - 289676 204 210906 372
         
- NET CURRENT ASSETS (C) = (A - B) - -127364 360 -87832 124
- MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule - -
- DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT - - -
- TOTAL - 247632 952 286379 262
       
CONTINGENT LIABILITIES      
  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   - -
6 Reinsurance obligations to the extent not provided for in accounts   - -
7 Others (to be specified)   - -
  TOTAL   - -