Page 382 - 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 SBI GENERAL
2016 2017 2018 2019 2020
SOURCES OF FUNDS
SHARE CAPITAL 203.00 215.50 215.50 215.50 215.50
SHARE APPLICATION MONEY - - - - -
RESERVES AND SURPLUS 1,120.10 1,332.60 1,332.60 1,608.38 1,998.59
CREDIT/[DEBIT] FAIR VALUE
CHANGE ACCOUNT (4.01) (0.83) (7.49) (3.40) (83.31)
BORROWINGS - - - - -
TOTAL 1,319.09 1,547.27 1,540.61 1,820.48 2,130.78

APPLICATION OF FUNDS
INVESTMENTS 3,300.61 4,365.60 5,292.19 6,356.57 7,426.97
LOANS - - - - -
FIXED ASSETS 53.09 37.34 56.21 90.98 111.67
DEFERRED TAX ASSET/(LIABILITY) - - 36.58 42.22 16.60

CURRENT ASSETS
Cash and Bank Balances 57.38 34.03 39.02 183.11 212.11
Advances and Other Assets 212.28 309.84 501.47 704.34 1,527.43
Sub-Total (A) 269.67 343.87 540.49 887.44 1,739.54

CURRENT LIABILITIES 1,388.87 1,975.67 2,879.74 3,825.94 4,773.64

PROVISIONS 1,517.53 1,673.35 1,558.91 1,730.79 2,390.36

Sub-Total (B) 2,906.40 3,649.02 4,438.65 5,556.73 7,164.00

NET CURRENT ASSETS (C) = (A - B) (2,636.74) (3,305.15) (3,898.16) (4,669.28) (5,424.46)

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

DEBIT BALANCE IN PROFIT AND
LOSS ACCOUNT 602.14 449.48 53.78 - -

TOTAL 1,319.09 1,547.27 1,540.61 1,820.48 2,130.78

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.

380