Page 372 - 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 HDFC ERGO*
2016 2017 2018 2019 2020
SOURCES OF FUNDS
SHARE CAPITAL 705.00 600.47 605.07 605.42 605.84
SHARE APPLICATION MONEY - - - -
RESERVES AND SURPLUS - 884.37 1,156.04 1,376.97 1,828.40
CREDIT/[DEBIT] FAIR VALUE
CHANGE ACCOUNT 0.31 50.93 19.41 (27.48) (75.60)
BORROWINGS - 350.00 350.00 350.00 350.00
TOTAL 705.31 1,885.77 2,130.52 2,304.91 2,708.64

APPLICATION OF FUNDS“ "
INVESTMENTS 595.11 6,932.32 8,158.76 9,104.01 11,501.79
LOANS - - - - -
FIXED ASSETS 14.41 148.84 209.50 213.51 243.01
DEFERRED TAX ASSET/(LIABILITY) - (3.63) 51.76 44.98

CURRENT ASSETS
Cash and Bank Balances 24.13 202.00 437.04 388.33 732.35
Advances and Other Assets 89.01 1,500.45 1,549.22 1,771.34 2,244.37
Sub-Total (A) 113.15 1,702.45 1,986.27 2,159.67 2,976.72

CURRENT LIABILITIES 352.95 5,070.31 5,933.96 6,375.15 8,916.16

PROVISIONS 227.43 1,827.54 2,286.42 2,848.88 3,141.71

Sub-Total (B) 580.38 6,897.85 8,220.38 9,224.03 12,057.86

NET CURRENT ASSETS (C) = (A - B) (467.23) (5,195.40) (6,234.11) (7,064.37) (9,081.14)

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

DEBIT BALANCE IN PROFIT AND
LOSS ACCOUNT 563.01 - - - -

TOTAL 705.31 1,885.77 2,130.52 2,304.91 2,708.64

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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