FORM NL-12-INVESTMENT SCHEDULE |
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
Investments |
INVESTMENTS - SHAREHOLDERS' FUND |
|
|
|
(` '000) |
|
Particulars |
As at 30.06.2017 |
As at 30.06.2016 |
|
LONG TERM INVESTMENTS |
|
|
1 |
Government securities and Government guaranteed |
39804 216 |
38934 252 |
|
bonds including Treasury Bills |
|
|
2 |
Other Approved Securities |
787 537 |
1098 920 |
3 |
Other Investments |
|
|
|
(a) Shares |
0 |
0 |
|
(aa) Equity - Indian |
114189 181 |
107932 220 |
|
Equity - Foreign |
569 499 |
569 499 |
|
(bb) Preference |
5 577 |
13 252 |
|
(b) Mutual Funds |
0 |
0 |
|
(c) Derivative Instruments |
0 |
0 |
|
(d) Debentures /Bonds Indian |
7551 155 |
8416 245 |
|
Debentures /Bonds Foreign |
0 |
0 |
|
(e) Other Securities |
151 |
0 |
|
Guaranteed Equity |
0 |
167 |
|
(f) Subsidiaries |
1407 144 |
734 593 |
|
(e) Associates - Indian |
0 |
0 |
|
Associates - Foreign |
159 479 |
159 479 |
4 |
Investments in Infrastructure and Social Sector |
|
|
|
(a) Equity |
4582 308 |
5001 773 |
|
(b) Debentures/Bonds |
20008 815 |
19440 550 |
5 |
Other than Approved Investments |
|
|
|
(a) Equity/Preference/Debentures/Venture Funds |
1821 615 |
1683 062 |
|
(b) Preference |
12 065 |
9 801 |
|
(c) Debentures /Bond |
1925 639 |
2718 641 |
|
(d) Venture Funds |
518 965 |
612 450 |
|
(e) Associate Indian |
700 000 |
700 000 |
|
Short Term Investments |
|
|
1 |
Government securities and Government guaranteed |
2806 941 |
2750 249 |
|
bonds including Treasury Bills |
|
|
2 |
Other Approved Securities |
212 241 |
196 345 |
3 |
Other Investments |
|
|
|
(a) Shares |
|
|
|
(aa) Equity |
0 |
0 |
|
(bb) Preference |
6 343 |
0 |
|
(b) Mutual Funds |
6845 699 |
1549 463 |
|
(c) Derivative Instruments |
0 |
0 |
|
(d) Debentures /Bond Indian |
1517 722 |
1133 067 |
|
Debentures /Bond Foreign |
0 |
0 |
|
(e) Other Securities |
|
|
|
Commercial Paper |
195 787 |
0 |
|
(f) Subsidiaries |
0 |
0 |
|
(g) Associates - Indian |
0 |
0 |
|
Associates - Foreign |
0 |
0 |
4 |
Investments in Infrastructure and Social Sector |
|
|
|
(a) Debentures /Bond |
2257 863 |
2199 791 |
5 |
Other than Approved Investments |
|
|
|
(a) Preference Shares |
1 357 |
0 |
|
(b) Debentures /Bond |
734 256 |
830 057 |
|
(c) Mutual Funds |
0 |
2604 970 |
|
TOTAL |
208621 555 |
199288 846 |
Figures for the previous year have been regrouped where necessary. |
|
|
INVESTMENTS - POLICYHOLDERS' FUND |
|
Particulars |
As at 30.06.2017 |
As at 30.06.2016 |
|
LONG TERM INVESTMENTS |
|
|
|
LONG TERM INVESTMENTS |
|
|
1 |
Government securities and Government guaranteed |
92435 704 |
77600 474 |
|
bonds including Treasury Bills |
|
|
2 |
Other Approved Securities |
1828 866 |
2190 275 |
3 |
Other Investments |
|
|
|
(a) Shares |
|
|
|
(aa) Equity - Indian |
265176 868 |
215121 416 |
|
Equity - Foreign |
0 |
0 |
|
(bb) Preference |
12 951 |
26 413 |
|
(b) Mutual Funds |
0 |
0 |
|
(c) Derivative Instruments |
0 |
0 |
|
(d) Debentures /Bonds Indian |
17535 739 |
16774 551 |
|
Debentures /Bonds Foreign |
0 |
0 |
|
(e) Other Securities |
|
|
|
Guaranteed Equity |
349 |
333 |
|
(f) Subsidiaries |
0 |
0 |
|
(e) Associates - Indian |
0 |
0 |
|
Associates - Foreign |
0 |
0 |
4 |
Investments in Infrastructure and Social Sector |
|
|
|
(a) Equity |
10641 308 |
9969 112 |
|
(b) Debentures/Bonds |
46465 654 |
38747 268 |
5 |
Other than Approved Investments |
|
|
|
(a) Equity/Preference/Debentures/Venture Funds |
4230 261 |
3354 537 |
|
(b) Preference |
28 019 |
19 535 |
|
(c) Debentures /Bond |
4471 833 |
5418 567 |
|
(d) Venture Funds |
1205 172 |
1220 683 |
|
(e) Associate Indian |
0 |
0 |
|
Short Term Investments |
|
|
1 |
Government securities and Government guaranteed |
6518 443 |
5481 565 |
|
bonds including Treasury Bills |
|
|
2 |
Other Approved Securities |
492 879 |
391 338 |
3 |
Other Investments |
|
|
|
(a) Shares |
|
|
|
(aa) Equity |
0 |
0 |
|
(bb) Preference |
14 731 |
0 |
|
(b) Mutual Funds |
15897 486 |
2258 334 |
|
(c) Derivative Instruments |
0 |
0 |
|
(d) Debentures /Bond Indian |
3524 545 |
3088 259 |
|
Debentures /Bond Foreign |
0 |
0 |
|
(e) Other Securities |
|
|
|
Commercial Paper |
454 668 |
0 |
|
(f) Subsidiaries |
0 |
0 |
|
(g) Associates - Indian |
0 |
0 |
|
Associates - Foreign |
0 |
0 |
4 |
Investments in Infrastructure and Social Sector |
|
|
|
(a) Debentures /Bond |
5243 344 |
4384 438 |
5 |
Other than Approved Investments |
|
|
|
(a) Preference Shares |
3 150 |
0 |
|
(b) Debentures /Bond |
1705 133 |
1654 401 |
|
(c) Mutual Funds |
0 |
5192 008 |
|
TOTAL |
477887 103 |
392893 507 |
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 |