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, 2013 ( ' IN 000)
  PARTICULARS SCHEDULE TWELVE MONTH ENDING 31.03.2013 TWELVE MONTH ENDING 31.03.2012
  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 92315 993 72605 078
  Deferred Tax Liability   0 0
  FAIR VALUE CHANGE ACCOUNT   175760 409 170727 874
  BORROWINGS NL-11-Borrowings Schedule    
  TOTAL   272376 402 247632 952
  APPLICATION OF FUNDS      
  INVESTMENTS NL-12-Investment Schedule 399761 002 369460 864
  LOANS NL-13-Loans Schedule 4629 109 4991 930
  FIXED ASSETS NL-14-Fixed Assets Schedule 547 656 494 018
  DEFERRED TAX ASSET   70 355 50 500
  CURRENT ASSETS      
  Cash and Bank Balances NL-15-Cash and bank balance Schedule 82342 788 69143 742
  Advances and Other Assets NL-16-Advancxes and Other Assets Schedule 112047 951 93168 102
  Sub-Total (A)   194390 739 162311 844
  CURRENT LIABILITIES NL-17-Current Liabilities Schedule 242153 961 213447 278
  PROVISIONS NL-18-Provisions Schedule 84868 498 76228 926
  DEFERRED TAX LIABILITY      
  Sub-Total (B)   327022 459 289676 204
  NET CURRENT ASSETS (C) = (A - B)   -132631 720 -127364 359
  MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule    
  DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT      
  TOTAL   272376 402 247632 953
         
         
  CONTINGENT LIABILITIES      
  Particulars   TWELVE MONTH ENDING 31.03.2013 TWELVE MONTH ENDING 31.03.2012
      (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   6595 916 5811 173
5 Statutory demands/ liabilities in dispute, not provided for   19519 294 4604 563
6 Reinsurance obligations to the extent not provided for in accounts     869 734
7 Others (to be specified)      
  TOTAL   26115 210 11285 470