Page 391 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 70: AIC OF INDIA LTD.- SHAREHOLDERS ACCOUNT
(2015-16 to 2019-20)
(? Crore)

PARTICULARS 2015-16 2016-17 2017-18 2018-19 2019-20
OPERATING PROFIT/(LOSS) 300.16 298.51 703.40 507.34 123.90
(a) Fire Insurance - - - - -
(b) Marine Insurance - - - - -
(c) Miscellaneous Insurance 300.16 298.51 703.40 507.34 123.90

INCOME FROM INVESTMENTS
(a) Interest, Dividend & Rent – Gross 170.51 188.61 157.71 189.27 128.80
(b) Profit on sale of investments 0.61 1.15 1.82 0.18 1.34
Less: Loss on sale of investments - 1.02 0.08 - -

OTHER INCOME 3.70 19.89 9.54 27.83 15.20
TOTAL (A) 474.98 507.13 872.39 724.62 269.25

PROVISIONS (Other than taxation)
(a) For diminution in the value
of investments - - - - -
(b) For doubtful debts - - 2.12 - -
(c) Others 2.28 4.16 (18.07) 55.00 -

OTHER EXPENSES
(a) Expenses other than those
related to Insurance Business 0.75 1.48 - 3.27 -
(b) Bad debts written off - - - - -
(c) Others 8.32 14.41 8.49 11.45 15.64
TOTAL (B) 11.35 20.05 (7.46) 69.72 15.64

Profit Before Tax 463.63 487.08 879.85 654.90 253.61
Prior Period Adjustments - - - - -
Provision for Taxation 156.69 163.31 284.18 214.57 76.91
Profit after Tax 306.94 323.77 595.67 440.33 176.70

APPROPRIATIONS
(a) Interim dividends paid
during the year - - - - -
(b) Proposed final dividend - - - 30.00 -
(c) Dividend distribution tax - - - 6.17 -
(d) Transfer to any Reserves or
Other Accounts 306.94 323.77 595.67 404.17 176.70
(e) Others
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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