FORM NL-12-INVESTMENT SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA 
Investments
INVESTMENTS - SHAREHOLDERS' FUND
(` '000)
Particulars As at 30.09.2015 As at 30.09.2014
LONG TERM INVESTMENTS
1 Government securities and Government guaranteed 34994919 28033256
bonds including Treasury Bills
2 Other Approved Securities 1267353 1200797
3 Other Investments
     (a)  Shares 0 0
           (aa)  Equity - Indian 101583381 88829292
                   Equity - Foreign 7816 7816
           (bb)  Preference 12917 11523
     (b)  Mutual Funds 0 0
     (c)  Derivative Instruments 0 0
     (d)  Debentures /Bonds Indian 6210956 6327787
           Debentures /Bonds Foreign 0 0
     (e) Other Securities
          Guaranteed  Equity 162 144
     (f)  Subsidiaries 734591 0
     (e)   Associates - Indian 0 0
            Associates - Foreign 721162 591162
4 Investments in Infrastructure and Social Sector
(a) Equity 4608454 4883255
(b) Debentures/Bonds 10848990 11593073
5 Other than Approved Investments 0 0
     (a)   Equity/Preference/Debentures/Venture Funds 1233548 1149653
     (b)   Preference 9557 8531
     (c)  Debentures /Bond 8694921 4255935
     (d)  Venture Funds 629648 498271
     (e)  Associate Indian 700000 700000
Short Term Investments
1 Government securities and Government guaranteed  919465 1144291
bonds including Treasury Bills 0 0
2 Other Approved Securities 70522 116140
3 Other Investments
     (a)  Shares 0 0
           (aa)  Equity  0 0
           (bb)  Preference 0 0
     (b)  Mutual Funds 1598758 1336210
     (c)  Derivative Instruments 0 0
     (d) Debentures /Bond Indian 1064103 702547
           Debentures /Bond Foreign 0 350047
     (e) Other Securities 0 0
          Commercial Paper 0 0
     (f)  Subsidiaries 0 0
     (g)   Associates - Indian 0 0
            Associates - Foreign 0 0
4 Investments in Infrastructure and Social Sector 0 0
     (a)  Debentures /Bond 2241569 1060181
5 Other than Approved Investments 0 0
     (a)   Preference Shares 0 0
     (b) Debentures /Bond  733176 206805
     (c)  Mutual Funds 325624 939432
TOTAL 179211592 153946148
Figures for the previous year have been regrouped where necessary.
INVESTMENTS - POLICYHOLDERS' FUND
Particulars As at 30.09.2015 As at 30.09.2014
LONG TERM INVESTMENTS
LONG TERM INVESTMENTS
1 Government securities and Government guaranteed 72714897 69068427
bonds including Treasury Bills 0 0
2 Other Approved Securities 2633394 2958528
3 Other Investments 0 0
     (a)  Shares 0 0
           (aa)  Equity - Indian 211077070 218857899
                   Equity - Foreign 0 0
           (bb)  Preference 26840 28390
     (b)  Mutual Funds 0 0
     (c)  Derivative Instruments 0 0
     (d)  Debentures /Bonds Indian 12905561 15590422
           Debentures /Bonds Foreign 0 0
     (e) Other Securities
          Guaranteed  Equity 338 356
     (f)  Subsidiaries 0 0
     (e)   Associates - Indian 0 0
            Associates - Foreign 0 0
4 Investments in Infrastructure and Social Sector
(a) Equity 9575769 12031380
(b) Debentures/Bonds 22542793 28563051
5 Other than Approved Investments 0 0
     (a)   Equity/Preference/Debentures/Venture Funds 2563153 2832519
     (b)   Preference 19858 21018
     (c)  Debentures /Bond 18066916 10485787
     (d)  Venture Funds 1308327 1227642
     (e)  Associate Indian 0 0
Short Term Investments
1 Government securities and Government guaranteed  1910528 2819308
bonds including Treasury Bills 0 0
2 Other Approved Securities 146536 286145
3 Other Investments
     (a)  Shares 0 0
           (aa)  Equity  0 0
           (bb)  Preference 0 0
     (b)  Mutual Funds 3322012 3292159
     (c)  Derivative Instruments 0 0
     (d) Debentures /Bond Indian 2211069 1730936
           Debentures /Bond Foreign 0 0
     (e) Other Securities 0 0
          Commercial Paper 0 0
     (f)  Subsidiaries 0 0
     (g)   Associates - Indian 0 0
            Associates - Foreign 0 0
4 Investments in Infrastructure and Social Sector 0 0
     (a)  Debentures /Bond 4657690 2612078
5 Other than Approved Investments 0 0
     (a)   Preference Shares 0 0
     (b) Debentures /Bond  1523445 509527
     (c)  Mutual Funds 676604 2314575
TOTAL 367882800 375230147
Figures for the previous year have been regrouped where necessary.
Notes:
(a) Investments in subsidiary/holding companies, joint ventures and associates shall be separately disclosed, at cost.
(i) Holding company and subsidiary shall be construed as defined in the Companies Act, 1956:
(ii) Joint Venture is a contractual arrangement whereby two or more parties undertake an economic activity, which is subject to joint control.
(i) Joint control - is the contractually agreed sharing of power to govern the financial and operating policies of an economic activity to obtain benefits from it.
(ii) Associate - is an enterprise in which the company has significant influence and which is neither a subsidiary nor a joint venture of the company.
(iii) Significant influence (for the purpose of this schedule) - means participation in the financial and operating policy decisions of a company, but not control of those policies.  Significant influence may be exercised in several ways, for example, by representation on the board of directors, participation in the policymaking process, material inter-company transactions, interchange of managerial personnel or dependence on technical information. Significant influence may be gained by share ownership, statute or agreement.  As regards share ownership, if an investor holds, directly or indirectly through subsidiaries, 20 percent or more of the voting power of the investee, it is presumed that the investor does have significant influence, unless it can be clearly demonstrated that this is not the case.  Conversely, if the investor holds, directly or indirectly through subsidiaries, less than 20 percent of the voting power of the investee, it is presumed that the investor does not have significant influence, unless such influence is clearly demonstrated.  
A substantial or majority ownership by another investor does not necessarily preclude an investor from having significant influence.
(b) Aggregate amount of company's investments other than listed equity securities and derivative instruments and also the market value thereof shall be disclosed.
(c) Investments made out of Catastrophe reserve should be shown separately.
(d) Debt securities will be considered as “held to maturity” securities and will be measured at historical cost subject to amortisation.
(e) Investment Property means a property [land or building or part of a building or both] held to earn rental income or for capital appreciation or for both, rather than for use in services or for administrative purposes.
(f) Investments maturing within twelve months from balance sheet date and investments made with the specific intention to dispose of within twelve months from balance sheet date shall be classified as short-term investments