FORM NL-12-INVESTMENT SCHEDULE | |||
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
INVESTMENTS - SHAREHOLDERS' FUND | |||
( ₹ in 000) | |||
Particulars | 31.12.2020 | 31.12.2019 | |
LONG TERM INVESTMENTS | |||
1 | Government securities and Government guaranteed bonds including Treasury Bills | 67841 618 | 49755 760 |
2 | Other Approved Securities | 243 968 | 360 147 |
3 | Other Investments | ||
(a) Shares | 0 | 0 | |
(aa) Equity - Indian | 65633 726 | 67275 191 | |
Equity - Foreign | 569 499 | 569 499 | |
(bb) Preference | 0 | 68 | |
(b) Mutual Funds | 0 | 0 | |
(c) Derivative Instruments | 0 | 0 | |
(d) Debentures /Bonds Indian | 2667 575 | 3033 576 | |
Debentures /Bonds Foreign | 0 | 0 | |
(e) Other Securities | 0 | ||
Guaranteed Equity | 105 | 105 | |
(f) Subsidiaries | 7143 188 | 6712 429 | |
(e) Associates - Indian | 0 | 0 | |
Associates - Foreign | 315 479 | 159 479 | |
4 | Investments in Infrastructure and Social Sector | ||
(a) Equity | 1770 476 | 1861 873 | |
(b) Debentures/Bonds | 17439 770 | 12317 882 | |
5 | Other than Approved Investments | 0 | 0 |
(a) Equity/Preference/Debentures/Venture Funds | 8230 556 | 10490 902 | |
(b) Preference | 69 | 3 688 | |
(c) Debentures /Bond | 2842 452 | 3452 053 | |
(d) Venture Funds | 271 294 | 285 193 | |
(e) Associate Indian | 700 000 | 700 000 | |
Short Term Investments | |||
1 | Government securities and Government guaranteed | 2356 943 | 3358 251 |
bonds including Treasury Bills | 0 | 0 | |
2 | Other Approved Securities | 113 950 | 139 719 |
3 | Other Investments | ||
(a) Shares | 0 | 0 | |
(aa) Equity | 0 | 0 | |
(bb) Preference | 0 | 0 | |
(b) Mutual Funds | 3668 161 | 3632 836 | |
(c) Derivative Instruments | 0 | 0 | |
(d) Debentures /Bond Indian | 683 189 | 581 462 | |
Debentures /Bond Foreign | 0 | 0 | |
(e) Other Securities | 0 | 0 | |
Commercial Paper | 0 | 0 | |
(f) Subsidiaries | 0 | 0 | |
(g) Associates - Indian | 0 | 0 | |
Associates - Foreign | 0 | 0 | |
4 | Investments in Infrastructure and Social Sector | 0 | 0 |
(a) Debentures /Bond | 2025 539 | 4130 619 | |
5 | Other than Approved Investments | 0 | 0 |
(a) Preference Shares | 41 | 5 545 | |
(b) Debentures /Bond | 1864 666 | 1470 007 | |
(c) Mutual Funds | 0 | 0 | |
TOTAL | 186382 264 | 170296 284 | |
Figures for the previous year have been regrouped where necessary. | |||
INVESTMENTS - POLICYHOLDERS' FUND | |||
Particulars | 31.12.2020 | 31.12.2019 | |
LONG TERM INVESTMENTS | |||
LONG TERM INVESTMENTS | |||
1 | Government securities and Government guaranteed | 254976 361 | 188110 468 |
bonds including Treasury Bills | 0 | 0 | |
2 | Other Approved Securities | 916 930 | 1361 600 |
3 | Other Investments | 0 | 0 |
(a) Shares | 0 | 0 | |
(aa) Equity - Indian | 246678 205 | 254345 780 | |
Equity - Foreign | 0 | 0 | |
(bb) Preference | 0 | 258 | |
(b) Mutual Funds | 0 | 0 | |
(c) Derivative Instruments | 0 | 0 | |
(d) Debentures /Bonds Indian | 10025 833 | 11468 970 | |
Debentures /Bonds Foreign | 0 | 0 | |
(e) Other Securities | |||
Guaranteed Equity | 395 | 396 | |
(f) Subsidiaries | 0 | 0 | |
(e) Associates - Indian | 0 | 0 | |
Associates - Foreign | 0 | 0 | |
4 | Investments in Infrastructure and Social Sector | ||
(a) Equity | 6654 168 | 7039 141 | |
(b) Debentures/Bonds | 65545 740 | 46569 937 | |
5 | Other than Approved Investments | 0 | 0 |
(a) Equity/Preference/Debentures/Venture Funds | 30933 773 | 39662 716 | |
(b) Preference | 260 | 13 944 | |
(c) Debentures /Bond | 10683 088 | 13051 098 | |
(d) Venture Funds | 1019 633 | 1078 222 | |
(e) Associate Indian | 0 | 0 | |
Short Term Investments | |||
1 | Government securities and Government guaranteed | 8858 350 | 12696 462 |
bonds including Treasury Bills | 0 | 0 | |
2 | Other Approved Securities | 428 269 | 528 233 |
3 | Other Investments | ||
(a) Shares | 0 | 0 | |
(aa) Equity | 0 | 0 | |
(bb) Preference | 0 | 0 | |
(b) Mutual Funds | 13786 440 | 13734 580 | |
(c) Derivative Instruments | 0 | 0 | |
(d) Debentures /Bond Indian | 2567 702 | 2198 321 | |
Debentures /Bond Foreign | 0 | 0 | |
(e) Other Securities | 0 | 0 | |
Commercial Paper | 0 | 0 | |
(f) Subsidiaries | 0 | 0 | |
(g) Associates - Indian | 0 | 0 | |
Associates - Foreign | 0 | 0 | |
4 | Investments in Infrastructure and Social Sector | 0 | 0 |
(a) Debentures /Bond | 7612 800 | 15616 539 | |
5 | Other than Approved Investments | 0 | 0 |
(a) Preference Shares | 153 | 20 963 | |
(b) Debentures /Bond | 7008 171 | 5557 621 | |
(c) Mutual Funds | 0 | 0 | |
TOTAL | 667696 271 | 613055 249 | |
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 | |||