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 30th September, 2013     ( ` IN 000)
  PARTICULARS SCHEDULE SIX MONTH ENDING 30.09.2013 SIX MONTH ENDING 30.09.2012
  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 108573 630 86220 527
  Deferred Tax Liability  0  0
  FAIR VALUE CHANGE ACCOUNT 165332 109 190120 008
  BORROWINGS NL-11-Borrowings Schedule    
  TOTAL 278205 739 280640 535
  APPLICATION OF FUNDS      
  INVESTMENTS NL-12-Investment Schedule 407209 645 405008 984
  LOANS NL-13-Loans Schedule 4345 142 4695 342
  FIXED ASSETS NL-14-Fixed Assets Schedule 536 425 487 364
  DEFERRED TAX ASSET 70 355 50 500
  CURRENT ASSETS    
  Cash and Bank Balances NL-15-Cash and bank balance Schedule 83085 924 68889 332
  Advances and Other Assets NL-16-Advancxes and Other Assets Schedule 115815 597 106472 830
  Sub-Total (A) 198901 521 175362 162
  CURRENT LIABILITIES NL-17-Current Liabilities Schedule 254653 822 227664 512
  PROVISIONS NL-18-Provisions Schedule 78203 528 77299 306
  DEFERRED TAX LIABILITY      
  Sub-Total (B)   332857 350 304963 818
  NET CURRENT ASSETS (C) = (A - B)   -133955 829 -129601 655
  MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule    
  DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT      
  TOTAL   278205 738 280640 535
 

CONTINGENT LIABILITIES
  Particulars   SIX MONTH ENDING 30.09.2013 SIX MONTH ENDING 30.09.2012
      (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