Page 376 - 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 LIBERTY GENERAL
2016 2017 2018 2019 2020
SOURCES OF FUNDS
SHARE CAPITAL 679.35 984.35 1,084.60 1,085.23 1,085.98
SHARE APPLICATION MONEY - - - - -
RESERVES AND SURPLUS - - 99.75 349.13 648.37
CREDIT/[DEBIT] FAIR
VALUE CHANGE ACCOUNT 0.04 0.04 0.10 0.17 0.06
BORROWINGS - - - - -

TOTAL 679.39 984.39 1,184.45 1,434.52 1,734.41
APPLICATION OF FUNDS
INVESTMENTS 503.35 813.03 1,133.31 1,817.07 2,695.03
LOANS - - - - -
FIXED ASSETS 24.37 25.18 25.47 26.08 24.65
DEFERRED TAX ASSET/(LIABILITY) - - - - -

CURRENT ASSETS
Cash and Bank Balances 31.16 40.23 48.87 41.91 27.07
Advances and Other Assets 51.14 85.25 130.76 162.61 251.88
Sub-Total (A) 82.30 125.47 179.64 204.52 278.95

CURRENT LIABILITIES 215.89 374.11 573.92 984.42 1,571.44

PROVISIONS 179.81 264.98 393.49 580.65 754.29

Sub-Total (B) 395.70 639.09 967.41 1,565.07 2,325.73

NET CURRENT ASSETS “(C) = (A - B) " (313.40) (513.62) (787.77) (1,360.55) (2,046.78)

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

DEBIT BALANCE IN PROFIT AND
LOSS ACCOUNT 465.08 659.80 813.45 951.91 1,061.51

TOTAL 679.39 984.39 1,184.45 1,434.52 1,734.41

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.

374