Page 381 - 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 ROYAL SUNDARAM
2016 2017 2018 2019 2020
SOURCES OF FUNDS
SHARE CAPITAL 315.00 331.00 449.00 449.00 449.00
SHARE APPLICATION MONEY - - - - -
RESERVES AND SURPLUS 258.18 315.23 575.53 696.73 721.28
CREDIT/[DEBIT] FAIR VALUE CHANGE
ACCOUNT (2.24) 10.46 (0.77) (11.68) (107.47)
BORROWINGS - 100.00 100.00 100.00 100.00
TOTAL 570.94 756.68 1,123.76 1,234.05 1,162.81

APPLICATION OF FUNDS
INVESTMENTS 2,715.60 3,364.59 4,292.20 5,075.50 5,745.05
LOANS - - - - -
FIXED ASSETS 32.69 28.60 28.06 30.89 31.43
DEFERRED TAX ASSET/(LIABILITY) 34.39 24.00 34.63 29.02 28.47

CURRENT ASSETS
Cash and Bank Balances 58.18 77.44 65.53 73.49 59.48
Advances and Other Assets 203.10 231.07 350.94 571.33 906.55
Sub-Total (A) 261.28 308.51 416.47 644.83 966.03

CURRENT LIABILITIES 1,628.61 1,942.06 2,530.03 3,405.00 4,391.78

PROVISIONS 844.41 1,026.95 1,117.57 1,141.18 1,216.38

Sub-Total (B) 2,473.02 2,969.01 3,647.60 4,546.18 5,608.16

NET CURRENT ASSETS “(C) = (A - B) (2,211.74) (2,660.51) (3,231.13) (3,901.35) (4,642.13)

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

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

TOTAL 570.94 756.68 1,123.76 1,234.05 1,162.81

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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