Page 388 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 67: ECGC Ltd. - SHAREHOLDERS ACCOUNT (2015-16 to 2019-20)
(? Crore)

PARTICULARS 2015-16 2016-17 2017-18 2018-19 2019-20

OPERATING PROFIT/(LOSS) 106.73 138.10 (130.05) (42.77) 86.91
(a) Fire Insurance - - - - -
(b) Marine Insurance - - - - -
(c) Miscellaneous Insurance 106.73 138.10 (130.05) (42.77) 86.91

INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 243.97 247.72 239.94 274.06 341.45
(b) Profit on sale of investments 0.73 6.65 18.20 22.57 28.17
Less: Loss on sale of investments - 0.00 - 7.05 10.17
OTHER INCOME 38.53 17.63 3.21 91.47 4.21
TOTAL (A) 389.96 410.11 131.31 338.29 450.57

PROVISIONS (Other than taxation)
(a) For diminution in the value of investments 0.02 (0.02) - - -
(b) For doubtful debts 0.21 0.20 1.52 - -
(c) Others - - - 13.44 32.28
OTHER EXPENSES
(a) Expenses other than those related to
Insurance Business 2.37 2.44 - 10.45 18.27
(b) Bad debts written off - - - - -
(c) Others - - - - -

TOTAL (B) 2.60 2.62 1.52 23.90 50.55
Profit Before Tax 387.36 407.49 129.79 314.39 400.02
Prior Period Adjustments 0.49 1.19 0.05
Provision for Taxation 111.13 125.35 55.01 68.81 76.13
Profit after Tax 276.23 282.14 74.29 244.38 323.84
APPROPRIATIONS
(a) Interim dividends paid during the year - - - - -
(b) Proposed final dividend 65.00 72.50 - - -
(c) Dividend distribution tax 13.23 14.76 - - -
(d) Transfer to any Reserves or Other Accounts 197.99 194.88 67.92 244.38 323.84
(e) Others - - 6.37 - -

Balance of profit/ loss brought forward from last year - - - - -

Balance carried forward to Balance Sheet - - - - -

Note:
1. Figures in brackets indicate negative values
2. Reclassification/Regrouping in the previous year's figures, if any, by the insurer has not been considered.

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