Page 345 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 64: PRIVATE SECTOR GENERAL INSURERS - SHAREHOLDERS ACCOUNT
(2015-16 to 2019-20) (Contd... 64)
( ? Crore)

PARTICULARS BHARTI AXA
2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) (201.97) (26.19) 7.03 131.86 104.84
(a) Fire Insurance (16.38) (9.32) 3.45 6.06 11.80
(b) Marine Insurance (5.73) 2.30 (3.67) (4.84) (25.81)
(c ) Miscellaneous Insurance (179.86) (19.17) 7.25 130.64 118.85
INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 0.44 0.25 41.26 38.77 46.66
(b) Profit on sale of investments 0.12 0.13 3.65 3.12 8.57
Less: Loss on sale of investments - - - - -
OTHER INCOME - - - 0.12 (0.61)
TOTAL (A) (201.40) (25.80) 51.94 173.88 159.47
PROVISIONS (Other than taxation)
(a) For diminution in the value
of investments - - 13.50 157.00
(b) For doubtful debts - 17.45 3.86 3.15
(c) Others - - - -

OTHER EXPENSES
(a) Expenses other than those related
to Insurance Business 0.03 0.46 1.67 0.16 0.15
(b) Bad debts written off - - - -
(c) Others 2.81 102.37 125.45 153.31 242.80
TOTAL (B) 2.83 102.83 144.57 170.83 403.09

Profit Before Tax (204.24) (128.63) (92.63) 3.04 (243.63)
Prior Period Adjustments - - -
Provision for Taxation 0.12 - - - -
Profit after Tax (204.36) (128.63) (92.63) 3.04 (243.63)

APPROPRIATIONS
(a) Interim dividends paid during the year - - - -
(b) Proposed final dividend - - - -
(c) Dividend distribution tax - - - -
(d) Transfer to any Reserves
or Other Accounts - - - -
(e) Others -

Balance of profit/ loss brought forward
from last year (850.07) (1,054.43) (1,183.06) (1,275.69) (1,272.65)

Balance carried forward
to Balance Sheet (1,054.42) (1,183.06) (1,275.69) (1,272.65) (1,516.28)

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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