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 2018 ( ` IN 000)
  PARTICULARS SCHEDULE As at 30.09.2018 As at 30.09.2017
  SOURCES OF FUNDS      
  SHARE CAPITAL                                                               NL-8-Share Capital Schedule 8772 000 4300 000
  SHARE APPLICATION MONEY PENDING ALLOTMENT    
  RESERVES AND SURPLUS NL-10-Reserves and Surplus Schedule 218205 935 188440 961
  Deferred Tax Liability 0 0
  FAIR VALUE CHANGE ACCOUNT    
  Shareholders fund 78008 029 82347 807
  Policyholders fund 221677 063 227114 076
  BORROWINGS NL-11-Borrowings Schedule 0 0
  TOTAL 526663 027 502202 844
  APPLICATION OF FUNDS      
  INVESTMENTS- Shareholders NL-12-Investment Schedule 202995 679 183535 436
  INVESTMENTS- Policyholders NL-12-Investment Schedule 559949 704 498366 128
  LOANS NL-13-Loans Schedule 2601 581 2849 074
  FIXED ASSETS NL-14-Fixed Assets Schedule 1891 946 1603 491
  DEFERRED TAX ASSET 1001 665 133 774
  CURRENT ASSETS    
  Cash and Bank Balances NL-15-Cash and bank balance Schedule 121126 613 132626 050
  Advances and Other Assets NL-16-Advancxes and Other Assets Schedule 295461 590 251231 528
  Sub-Total (A) 416588 203 383857 578
  CURRENT LIABILITIES NL-17-Current Liabilities Schedule 532526 436 426689 551
  PROVISIONS NL-18-Provisions Schedule 125839 315 141453 086
  DEFERRED TAX LIABILITY      
  Sub-Total (B)   658365 751 568142 637
  NET CURRENT ASSETS (C) = (A - B)   -241777 548 -184285 059
  MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule    
  DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT      
  TOTAL   526663 027 502202 844
CONTINGENT LIABILITIES
  Particulars   As at 30.09.2018 As at 30.09.2017
      (Rs.000) (Rs.000)
1 Partly paid-up investments      
2 Claims, other than against policies, not acknowledged as debts by the company 11000 11
3 Underwriting commitments outstanding (in respect of shares and securities)    
4 Guarantees given by or on behalf of the Company 22153841 15545 484
5 Statutory demands/ liabilities in dispute, not provided for 17262332 16556 800
6 Reinsurance obligations to the extent not provided for in accounts    
7 Others (to be specified)    
  TOTAL   39427 173 32102 295