Page 368 - 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 CHOLAMANDALAM
2016 2017 2018 2019 2020
SOURCES OF FUNDS
SHARE CAPITAL 298.81 298.81 298.81 298.81 298.81
SHARE APPLICATION MONEY - - - - -
RESERVES AND SURPLUS 568.15 776.30 997.32 1,154.65 1,304.09
CREDIT/[DEBIT] FAIR VALUE
CHANGE ACCOUNT (14.10) 20.34 14.20 14.45 (28.81)
BORROWINGS - - 100.00 100.00 100.00
TOTAL 852.86 1,095.45 1,410.33 1,567.90 1,674.08

APPLICATION OF FUNDS
INVESTMENTS 3,860.72 4,904.84 6,362.68 7,596.10 9,078.46
LOANS - - - - -
FIXED ASSETS 61.52 69.14 70.31 68.70 72.36
DEFERRED TAX ASSET/(LIABILITY) 50.74 69.32 77.30 162.34 160.18

CURRENT ASSETS
Cash and Bank Balances 28.97 40.03 62.72 63.83 41.53
Advances and Other Assets 423.89 722.14 1,198.48 1,203.35 1,189.40
Sub-Total (A) 452.86 762.17 1,261.21 1,267.18 1,230.92

CURRENT LIABILITIES 2,309.99 3,123.37 4,398.68 5,259.26 6,619.44

PROVISIONS 1,263.00 1,586.65 1,962.48 2,267.15 2,248.40

Sub-Total (B) 3,572.99 4,710.02 6,361.17 7,526.41 8,867.84

NET CURRENT ASSETS “(C) = (A - B) (3,120.14) (3,947.85) (5,099.96) (6,259.23) (7,636.92)

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

DEBIT BALANCE IN PROFIT
AND LOSS ACCOUNT - - - - -

TOTAL 852.86 1,095.45 1,410.33 1,567.90 1,674.08

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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