FORM NL-3-B-BS
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
Registration No.  112
Date of  Registration with the IRDAI : 2nd April, 2001
BALANCE SHEET  AS AT 30 June 2016 ( ` IN 000)
  PARTICULARS SCHEDULE As at 30.06.2016 As at 30.06.2015
  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 160506 518 138521 870
  Deferred Tax Liability  0  0
  FAIR VALUE CHANGE ACCOUNT 266267 938 277047 428
  BORROWINGS NL-11-Borrowings Schedule  0  0
  TOTAL 431074 456 419869 298
  APPLICATION OF FUNDS      
  INVESTMENTS NL-12-Investment Schedule 592182 353 567217 422
  LOANS NL-13-Loans Schedule 3418 682 3691 636
  FIXED ASSETS NL-14-Fixed Assets Schedule 1681 590 1354 760
  DEFERRED TAX ASSET 24 290 174 674
  CURRENT ASSETS    
  Cash and Bank Balances NL-15-Cash and bank balance Schedule 93366 905 81015 058
  Advances and Other Assets NL-16-Advancxes and Other Assets Schedule 104602 071 132828 876
  Sub-Total (A) 197968 976 213843 934
  CURRENT LIABILITIES NL-17-Current Liabilities Schedule 251831 631 276648 463
  PROVISIONS NL-18-Provisions Schedule 112369 803 89764 666
  DEFERRED TAX LIABILITY      
  Sub-Total (B)   364201 434 366413 129
  NET CURRENT ASSETS (C) = (A - B)   -166232 458 -152569 194
  MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule    
  DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT      
  TOTAL   431074 456 419869 298
CONTINGENT LIABILITIES
  Particulars   As at 30.06.2016 As at 30.06.2015
      (Rs.’000) (Rs.’000)
1 Partly paid-up investments      
2 Claims, other than against policies, not acknowledged as debts by the company 11 000 11 000
3 Underwriting commitments outstanding (in respect of shares and securities)    
4 Guarantees given by or on behalf of the Company 10607 018 8352 709
5 Statutory demands/ liabilities in dispute, not provided for 17027 139 22496 974
6 Reinsurance obligations to the extent not provided for in accounts    
7 Others (to be specified)    
  TOTAL   27645 157 30860 683