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 31.03.2013 . . ( Rs IN 000)
PARTICULARS SCHEDULE TWELVE MONTH ENDING 31.03.2014 TWELVE MONTH ENDING 31.03.2013
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 114520 773 92315 993
Deferred Tax Liability
0 0
FAIR VALUE CHANGE ACCOUNT
205000 288 175760 409
BORROWINGS NL-11-Borrowings Schedule

TOTAL
323821 061 272376 402
APPLICATION OF FUNDS


INVESTMENTS NL-12-Investment Schedule 456558 321 399761 002
LOANS NL-13-Loans Schedule 4240 508 4629 109
FIXED ASSETS NL-14-Fixed Assets Schedule 1143 103 547 656
DEFERRED TAX ASSET
67 075 70 355
CURRENT ASSETS


Cash and Bank Balances NL-15-Cash and bank balance Schedule 82639 203 82342 788
Advances and Other Assets NL-16-Advancxes and Other Assets Schedule 125270 373 112047 951
Sub-Total (A)
207909 576 194390 739
CURRENT LIABILITIES NL-17-Current Liabilities Schedule 264833 406 242153 961
PROVISIONS NL-18-Provisions Schedule 81264 116 84868 498
DEFERRED TAX LIABILITY


Sub-Total (B)
346097 522 327022 459
NET CURRENT ASSETS (C) = (A - B)
-138187 946 -132631 720
MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule

DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT


TOTAL
323821 061 272376 402












Particulars
TWELVE MONTH ENDING 31.03.2014 TWELVE MONTH ENDING 31.03.2013


(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
9161 472 6595 916
Statutory demands/ liabilities in dispute, not provided for
21199 250 19519 294
Reinsurance obligations to the extent not provided for in accounts


Others (to be specified)


TOTAL
30360 722 26115 210