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 September 2016 (Rs.. IN 000)
Sl. No. PARTICULARS SCHEDULE As at 30.09.2016 As at 30.09.2015
  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 161455 349 145343 494
  Deferred Tax Liability 0 0
  FAIR VALUE CHANGE ACCOUNT 281945 182 254875 210
  BORROWINGS NL-11-Borrowings Schedule 0 0
  TOTAL 447700 531 404518 704
  APPLICATION OF FUNDS      
  INVESTMENTS NL-12-Investment Schedule 606134 827 547094 393
  LOANS NL-13-Loans Schedule 3410 347 3683 897
  FIXED ASSETS NL-14-Fixed Assets Schedule 1658 666 1348 497
  DEFERRED TAX ASSET 24 304 174 677
  CURRENT ASSETS    
  Cash and Bank Balances NL-15-Cash and bank balance Schedule 92815 270 82442 953
  Advances and Other Assets NL-16-Advancxes and Other Assets Schedule 152109 169 93317 675
  Sub-Total (A) 244924 439 175760 628
  CURRENT LIABILITIES NL-17-Current Liabilities Schedule 275878 609 238184 238
  PROVISIONS NL-18-Provisions Schedule 132573 444 85359 150
  DEFERRED TAX LIABILITY      
  Sub-Total (B)   408452 053 323543 388
  NET CURRENT ASSETS (C) = (A - B)   -163527 613 -147782 760
  MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule    
  DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT      
  TOTAL   447700 531 404518 704
CONTINGENT LIABILITIES
Sl. No. 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