Page 392 - Insurance Statistics 2021

HANDBOOK ON INDIAN INSURANCE STATISTICS 2019-20

TABLE 71: AIC OF INDIA LTD.- BALANCE SHEET (As on 31st March)
(? Crore)

Particulars 2016 2017 2018 2019 2020

SOURCES OF FUNDS
SHARE CAPITAL 200.00 200.00 200.00 200.00 200.00
SHARE APPLICATION MONEY - - - - -
RESERVES AND SURPLUS 2443.49 2767.26 3362.93 3767.10 3943.80

CREDIT/[DEBIT] FAIR VALUE
CHANGE ACCOUNT (17.68) 9.65 18.38 11.63 (58.74)
BORROWINGS - - - - -
TOTAL 2625.81 2976.91 3581.31 3978.72 4085.06

APPLICATION OF FUNDS
INVESTMENTS 6105.22 7487.52 7608.07 6974.54 7440.75
LOANS 3.78 4.90 9.39 12.05 14.01
FIXED ASSETS 57.45 104.83 230.41 279.56 250.77

DEFERRED TAX ASSET/(LIABILITY) (1.94) 0.01 7.57 4.90 6.34

CURRENT ASSETS
CASH AND BANK BALANCES 361.49 1270.25 2649.13 2466.36 6896.02
ADVANCES AND OTHER ASSETS 1025.77 2865.38 2929.38 2519.33 3368.09

SUB-TOTAL (A) 1387.27 4135.63 5578.50 4985.68 10264.12
CURRENT LIABILITIES 3770.76 7830.67 8869.32 7404.10 12770.54
PROVISIONS 1155.20 925.30 983.33 873.90 1120.39
SUB-TOTAL (B) 4925.97 8755.97 9852.65 8278.01 13890.93
NET CURRENT ASSETS “(C) = (A - B) (3538.70) (4620.35) (4274.14) (3292.32) (3626.81)

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

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

TOTAL 2625.81 2976.91 3581.31 3978.72 4085.06

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.

390