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  2018 ( ` IN 000)
  PARTICULARS SCHEDULE As at 30.06.2018 As at 30.06.2017
  SOURCES OF FUNDS      
  SHARE CAPITAL                                                               NL-8-Share Capital Schedule 4386 000 4300 000
  SHARE APPLICATION MONEY PENDING ALLOTMENT    
  RESERVES AND SURPLUS NL-10-Reserves and Surplus Schedule 228987 419 184932 408
  Deferred Tax Liability  0  0
  FAIR VALUE CHANGE ACCOUNT    
  Shareholders fund 78485 759 96229 536
  Policyholders fund 221078 207 223497 554
  BORROWINGS NL-11-Borrowings Schedule  0  0
  TOTAL 532937 385 508959 498
  APPLICATION OF FUNDS      
  INVESTMENTS- Shareholders NL-12-Investment Schedule 201919 611 206621 245
  INVESTMENTS- Policyholders NL-12-Investment Schedule 552006 839 479887 413
  LOANS NL-13-Loans Schedule 2601 608 2974 702
  FIXED ASSETS NL-14-Fixed Assets Schedule 1708 730 1618 679
  DEFERRED TAX ASSET 140 817 132 538
  CURRENT ASSETS    
  Cash and Bank Balances NL-15-Cash and bank balance Schedule 125120 734 134118 886
  Advances and Other Assets NL-16-Advancxes and Other Assets Schedule 333980 603 232886 419
  Sub-Total (A) 459101 337 367005 305
  CURRENT LIABILITIES NL-17-Current Liabilities Schedule 526111 137 374007 714
  PROVISIONS NL-18-Provisions Schedule 158430 420 175272 670
  DEFERRED TAX LIABILITY      
  Sub-Total (B)   684541 557 549280 384
  NET CURRENT ASSETS (C) = (A - B)   -225440 220 -182275 079
  MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule    
  DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT      
  TOTAL   532937 385 508959 498
CONTINGENT LIABILITIES
  Particulars   As at 30.06.2018 As at 30.06.2017
      (Rs.’000) (Rs.’000)
1 Partly paid-up investments      
2 Claims, other than against policies, not acknowledged as debts by the company 11000 11000
3 Underwriting commitments outstanding (in respect of shares and securities)    
4 Guarantees given by or on behalf of the Company 20395642 15792446
5 Statutory demands/ liabilities in dispute, not provided for 17262332 17251162
6 Reinsurance obligations to the extent not provided for in accounts    
7 Others (to be specified)    
  TOTAL   37668 974 33054 608