Page 346 - 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 CHOLAMANDALAM
2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) 175.16 236.67 310.28 258.11 539.02
(a) Fire Insurance 19.85 27.22 50.60 110.79 71.01
(b) Marine Insurance 10.20 9.63 6.59 5.61 6.33
(c ) Miscellaneous Insurance 145.11 199.82 253.09 141.72 461.69
INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 37.03 54.12 47.16 52.04 46.35
(b) Profit on sale of investments 5.21 11.18 5.89 2.39 14.28
Less: Loss on sale of investments 0.00 - - - -
OTHER INCOME - - - - -
TOTAL (A) 217.40 301.97 363.32 312.53 599.65
PROVISIONS (Other than taxation)
(a) For diminution in the value
of investments - - 2.09 21.60 (2.89)
(b) For doubtful debts“ " - - - 22.00 157.32
(c) Others - - - - 0.12

OTHER EXPENSES
(a) Expenses other than those related
to Insurance Business 0.26 - - - 7.81
(b) Bad debts written off - - - - 77.73
(c) Others 4.04 4.90 14.62 18.35 104.94
TOTAL (B) 4.30 4.90 16.71 61.95 345.05

Profit Before Tax 213.10 297.07 346.62 250.59 254.60
Prior Period Adjustments - - -
Provision for Taxation 65.15 88.92 104.01 71.65 105.16
Profit after Tax 147.95 208.15 242.61 178.94 149.44

APPROPRIATIONS
(a) Interim dividends paid during the year - - - - -
(b) Proposed final dividend - - 17.93 17.93 -
(c) Dividend distribution tax - - 3.65 3.69 -
(d) Transfer to any Reserves or
Other Accounts 100.00 - 160.00 110.00 100.00
(e) Others -

Balance of profit/ loss brought forward
from last year 92.18 140.13 348.28 409.30 456.63

Balance carried forward
to Balance Sheet 140.13 348.28 409.30 456.63 506.07

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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