Page 370 - 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 FUTURE GENERALI
2016 2017 2018 2019 2020
SOURCES OF FUNDS
SHARE CAPITAL 710.00 809.80 809.80 809.80 904.80
SHARE APPLICATION MONEY - - - - 12.75
RESERVES AND SURPLUS - - - 0.82 86.54
CREDIT/[DEBIT] FAIR VALUE
CHANGE ACCOUNT (2.05) 4.89 (6.01) (7.30) (23.16)
BORROWINGS - - - - -
TOTAL 707.95 814.70 803.79 803.32 980.93

APPLICATION OF FUNDS
INVESTMENTS 2,021.95 2,483.55 2,992.03 3,628.53 4,325.95
LOANS - - - - -
FIXED ASSETS 17.42 16.27 16.58 16.89 19.80
DEFERRED TAX ASSET/(LIABILITY) - - - 48.59 33.84

CURRENT ASSETS
Cash and Bank Balances 62.24 88.26 114.34 64.08 213.57
Advances and Other Assets 312.78 427.33 412.94 708.46 870.60
Sub-Total (A) 375.02 515.59 527.29 772.54 1,084.17

CURRENT LIABILITIES 1,421.35 1,818.81 2,037.34 2,698.46 3,295.00

PROVISIONS 545.47 599.48 833.71 985.91 1,187.83

Sub-Total (B) 1,966.82 2,418.29 2,871.05 3,684.37 4,482.83

NET CURRENT ASSETS “(C) = (A - B) " (1,591.80) (1,902.70) (2,343.76) (2,911.83) (3,398.66)

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

DEBIT BALANCE IN PROFIT AND
LOSS ACCOUNT 260.37 217.58 138.95 21.13 -

TOTAL 707.95 814.70 803.79 803.32 980.93

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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