| 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 30.09.2012 | . | . | ( Rs IN 000) |
| PARTICULARS | SCHEDULE | SIX MONTH ENDING 30.09.2012 | SIX MONTH ENDING 30.09.2011 |
| 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 | 86220 527 | 104596 216 |
| Deferred Tax Liability | . | 0 | 0 |
| FAIR VALUE CHANGE ACCOUNT | . | 190120 008 | 157936 119 |
| BORROWINGS | NL-11-Borrowings Schedule | . | . |
| TOTAL | . | 280640 535 | 266832 335 |
| APPLICATION OF FUNDS | . | . | . |
| INVESTMENTS | NL-12-Investment Schedule | 405008 984 | 348749 121 |
| LOANS | NL-13-Loans Schedule | 4695 342 | 5135 906 |
| FIXED ASSETS | NL-14-Fixed Assets Schedule | 487 364 | 473 905 |
| DEFERRED TAX ASSET | . | 50 500 | 36 604 |
| CURRENT ASSETS | . | . | . |
| Cash and Bank Balances | NL-15-Cash and bank balance Schedule | 68889 332 | 62339 210 |
| Advances and Other Assets | NL-16-Advancxes and Other Assets Schedule | 106472 830 | 85086 531 |
| Sub-Total (A) | . | 175362 162 | 147425 741 |
| CURRENT LIABILITIES | NL-17-Current Liabilities Schedule | 227664 512 | 167974 969 |
| PROVISIONS | NL-18-Provisions Schedule | 77299 306 | 67013 971 |
| DEFERRED TAX LIABILITY | . | . | . |
| Sub-Total (B) | . | 304963 818 | 234988 940 |
| NET CURRENT ASSETS (C) = (A - B) | . | -129601 656 | -87563 198 |
| MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) | NL-19-Miscellaneous Expenditure Schedule | .. | .. |
| DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT | . | .. | .. |
| TOTAL | . | 280640 534 | 266832 338 |
| CONTINGENT LIABILITIES | |||
| PARTICULARS | .- | FOR THE QUARTER | For the corresponding quarter of the preceeding year |
| - | - | (Rs.’000) | (Rs.’000) |
| Partly paid-up investments | - | - | - |
| Claims, other than against policies, not acknowledged as debts by the company | - | - | - |
| Underwriting commitments outstanding (in respect of shares and securities) | - | - | - |
| Guarantees given by or on behalf of the Company | - | - | - |
| Statutory demands/ liabilities in dispute, not provided for | - | - | - |
| Reinsurance obligations to the extent not provided for in accounts | - | - | - |
| Others (to be specified) | - | - | - |
| TOTAL | - | - | - |