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 30.06.2019 ( ` IN 000)
  PARTICULARS SCHEDULE As at 30.06.2019 As at 30.06.2018
  SOURCES OF FUNDS      
  SHARE CAPITAL                                                               NL-8-Share Capital Schedule 8772 000 4386 000
  SHARE APPLICATION MONEY PENDING ALLOTMENT    
  RESERVES AND SURPLUS NL-10-Reserves and Surplus Schedule 224790 563 228987 419
  Deferred Tax Liability 0 0
  FAIR VALUE CHANGE ACCOUNT    
  Shareholders fund 72800 465 78485 759
  Policyholders fund 224587 056 221078 207
  BORROWINGS NL-11-Borrowings Schedule 0 0
  TOTAL 530950 084 532937 385
  APPLICATION OF FUNDS      
  INVESTMENTS- Shareholders NL-12-Investment Schedule 200733 781 201919 611
  INVESTMENTS- Policyholders NL-12-Investment Schedule 596208 479 552006 839
  LOANS NL-13-Loans Schedule 2375 943 2601 608
  FIXED ASSETS NL-14-Fixed Assets Schedule 1928 155 1708 730
  DEFERRED TAX ASSET 25 018 140 817
  CURRENT ASSETS    
  Cash and Bank Balances NL-15-Cash and bank balance Schedule 136798 824 125120 734
  Advances and Other Assets NL-16-Advancxes and Other Assets Schedule 349695 180 327869 932
  Sub-Total (A) 486494 004 452990 666
  CURRENT LIABILITIES NL-17-Current Liabilities Schedule 581322 795 526111 137
  PROVISIONS NL-18-Provisions Schedule 175492 501 152319 749
  DEFERRED TAX LIABILITY      
  Sub-Total (B)   756815 296 678430 886
  NET CURRENT ASSETS (C) = (A - B)   -270321 292 -225440 220
  MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted) NL-19-Miscellaneous Expenditure Schedule    
  DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT      
  TOTAL   530950 084 532937 385
CONTINGENT LIABILITIES
  Particulars   As at 30.06.2019 As at 30.06.2018
      (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 27,310,084.00 20395642
5 Statutory demands/ liabilities in dispute, not provided for 58,494,036.00 17262332
6 Reinsurance obligations to the extent not provided for in accounts
7 Others (to be specified) 126864.00 0
  TOTAL   85941 984 37668 974