Page 367 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 65: PRIVATE SECTOR GENERAL INSURERS - BALANCE SHEET
(As at 31st March) (2016 to 2020) (Contd... 65)
( ? Crore)

PARTICULARS BHARTI AXA
2016 2017 2018 2019 2020
SOURCES OF FUNDS
SHARE CAPITAL 1,571.45 1,621.45 1,621.45 1,621.45 2,005.98
SHARE APPLICATION MONEY - - - - -
RESERVES AND SURPLUS 172.02 172.02 172.02 172.02 172.02
CREDIT/[DEBIT] FAIR VALUE
CHANGE ACCOUNT 0.92 1.63 5.76 (3.40) (0.47)
BORROWINGS - - 220.00 220.00 255.00
TOTAL 1,744.38 1,795.10 2,019.23 2,010.06 2,432.53

APPLICATION OF FUNDS
INVESTMENTS 2,841.20 2,872.19 3,211.45 3,884.25 4,765.26
LOANS - - - - -
FIXED ASSETS 14.66 11.29 20.54 19.97 18.53
DEFERRED TAX ASSET/(LIABILITY) - - - - -

CURRENT ASSETS
Cash and Bank Balances 42.50 56.47 118.43 114.95 244.88
Advances and Other Assets 265.07 245.31 521.83 614.43 774.64
Sub-Total (A) 307.57 301.78 640.26 729.38 1,019.52

CURRENT LIABILITIES 1,909.05 1,982.77 2,488.86 3,133.76 3,949.29

PROVISIONS 564.43 590.44 639.84 762.43 937.76

Sub-Total (B) 2,473.47 2,573.22 3,128.71 3,896.19 4,887.06

NET CURRENT ASSETS “(C) = (A - B) (2,165.91) (2,271.44) (2,488.45) (3,166.81) (3,867.54)

MISCELLANEOUS EXPENDITURE
(to the extent not written off or adjusted) - - - - -

DEBIT BALANCE IN PROFIT AND
LOSS ACCOUNT 1,054.42 1,183.06 1,275.69 1,272.65 1,516.28

TOTAL 1,744.38 1,795.10 2,019.23 2,010.06 2,432.53

Note:
1. Figures in brackets indicates negative values
2. Reclassification/Regrouping in the previous year's figures, if any, by the insurer has not been considered.
3. *Erstwhile HDFC Ergo General Insurance Co. Ltd. merged with L&T General Insurance Co. Ltd. w.e.f. 01.01.2017.
L&T General Insurance co. Ltd. is renamed as HDFC Ergo General Insurance Co. Ltd. , therefore, the data of erstwhile
HDFC Ergo is for 9 months i.e. up to 31.12.2016.
4. **Erstwhile DHFL General Insurance Co. Ltd.

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