Page 295 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 61: PUBLIC SECTOR GENERAL INSURERS - SHAREHOLDERS ACCOUNT
(2015-16 to 2019-20) (Contd... 61)
( ? Crore)

PARTICULARS ORIENTAL
2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (511.88) (2,400.14) 1,147.65 (1,217.40) (1,382.75)
(a) Fire Insurance (136.54) (111.85) 10.50 (185.48) 0.24
(b) Marine Insurance 0.32 33.38 112.50 96.75 1.36
(c ) Miscellaneous Insurance (375.66) (2,321.66) 1,024.64 (1,128.68) (1,384.36)

INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 275.35 230.49 124.62 252.01 14.91
(b) Profit on sale of investments 148.54 224.71 190.21 385.50 18.05
Less: Loss on sale of investments - - - 2.40 -
OTHER INCOME 320.08 87.23 101.85 168.42 139.76
TOTAL (A) 232.09 (1,857.71) 1,564.32 (413.87) (1,210.03)

PROVISIONS (Other than taxation)
(a) For diminution in the value
of investments 0.27 0.01 (0.18) 1.13 (0.09)
(b) For doubtful debts 1.88 56.34 4.70 12.20 (43.86)
(c) Others 2.84 2.93 2.61 6.28 0.39

OTHER EXPENSES
(a) Expenses other than those
related to Insurance Business - - - - -
(b) Bad debts written off 0.04 0.01 0.21 0.02 -
(c) Others 37.15 70.43 92.37 (4.50) 332.23
TOTAL (B) 42.18 129.72 99.71 15.12 288.67

Profit Before Tax 189.91 (1,987.43) 1,464.61 (428.99) (1,498.70)
Prior Period Adjustments 82.32 -
Provision for Taxation (110.58) (296.33) (127.61) (135.33) 25.41
Profit after Tax 300.49 (1,691.10) 1,509.89 (293.66) (1,524.11)

APPROPRIATIONS
(a) Interim dividends paid during the year - - - - -
(b) Proposed final dividend 120.00 - - - -
(c) Dividend distribution tax 24.43 - - - -
(d) Transfer to any Reserves or
Other Accounts 156.06 (1,691.10) - (293.66) (1,524.11)
(e) Others - -

Balance of profit/ loss brought
forward from last year - - - - -
Balance carried forward
to Balance Sheet - - 1,509.89 - -

Note:
1. Figures in brackets indicate negative values.
2. Reclassification/Regrouping in the previous year's figures, if any, by the insurer has not been considered.

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