Page 375 - 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 KOTAK MAHINDRA
2016 2017 2018 2019 2020
SOURCES OF FUNDS
SHARE CAPITAL 135.00 135.00 175.00 220.00 305.00
SHARE APPLICATION MONEY - - - - -
RESERVES AND SURPLUS - - - - -
CREDIT/[DEBIT] FAIR VALUE
CHANGE ACCOUNT - - - 0.53 (5.17)
BORROWINGS - - - - -
TOTAL 135.00 135.00 175.00 220.53 299.83

APPLICATION OF FUNDS
INVESTMENTS 114.43 147.16 248.86 414.82 676.59
LOANS - - - - -
FIXED ASSETS 13.63 13.67 10.30 7.13 7.67
DEFERRED TAX ASSET/(LIABILITY) - - - - -

CURRENT ASSETS
Cash and Bank Balances 0.41 3.27 9.53 12.59 7.72
Advances and Other Assets 10.08 9.65 21.65 33.40 46.30
Sub-Total (A) 10.49 12.92 31.18 45.99 54.02

CURRENT LIABILITIES 9.83 35.34 96.89 192.42 318.66

PROVISIONS 3.70 48.14 95.73 167.16 260.08

Sub-Total (B) 13.53 83.47 192.62 359.58 578.74

NET CURRENT ASSETS (C) = (A - B) (3.04) (70.56) (161.43) (313.59) (524.72)

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

DEBIT BALANCE IN PROFIT AND
LOSS ACCOUNT 9.99 44.72 77.27 112.17 140.29

TOTAL 135.00 135.00 175.00 220.53 299.83

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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