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,  2017 ( ` IN 000)
  PARTICULARS SCHEDULE As at 30.06.2017 As at 30.06.2016
  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 184932 408 160506 518
  DEFERRED TAX LIABILITY    0  0
  FAIR VALUE CHANGE ACCOUNT   319727 090 266267 938
  BORROWINGS NL-11-Borrowings Schedule  0  0
  TOTAL 508959 498 431074 456
  APPLICATION OF FUNDS      
  INVESTMENTS NL-12-Investment Schedule 686508 658 592182 352
  LOANS NL-13-Loans Schedule 2974 702 3418 682
  FIXED ASSETS NL-14-Fixed Assets Schedule 1618 679 1681 590
  DEFERRED TAX ASSET   132 539 24 290
  CURRENT ASSETS      
  Cash and Bank Balances NL-15-Cash and bank balance Schedule 134118 885 93366 905
  Advances and Other Assets NL-16-Advancxes and Other Assets Schedule 232886 419 104602 071
  SUB-TOTAL (A) 367005 304 197968 976
  CURRENT LIABILITIES NL-17-Current Liabilities Schedule 374007 714 251831 631
  PROVISIONS NL-18-Provisions Schedule 175272 670 112369 803
  DEFERRED TAX LIABILITY    0  0
  SUB-TOTAL (B)   549280 384 364201 434
  NET CURRENT ASSETS (C) = (A - B)   (182,275,080) (166,232,458)
  MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule 0 0
  DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT      
  TOTAL   508959 498 431074 456
CONTINGENT LIABILITIES
  Particulars   As at 30.06.2017 As at 30.06.2016
      (Rs.’000) (Rs.’000)
1 Partly paid-up investments    0 0
2 Claims, other than against policies, not acknowledged as debts by the company   11 000 11000
3 Underwriting commitments outstanding (in respect of shares and securities)      
4 Guarantees given by or on behalf of the Company   15792 445 10607018
5 Statutory demands/ liabilities in dispute, not provided for   17251 162 17027139
6 Reinsurance obligations to the extent not provided for in accounts      
7 Others (to be specified)      
  TOTAL   33054 607 27645 157