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annual report 2008-09 - IRDA

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ANNUAL REPORT <strong>2008</strong>-<strong>09</strong><br />

SHAREHOLDERS ACCOUNT : ALL LIFE INSURERS<br />

STATEMENT 5<br />

(Rs lakh)<br />

Particulars BSLI ICICI PRU ING VYSYA L.I.C. HDFC MNYL RELIANCE BAJAJ ALLIANZ SBI-LIFE KOTAK<br />

STD LIFE LIFE LIFE MAHINDRA<br />

<strong>2008</strong>-<strong>09</strong> 2007-08 <strong>2008</strong>-<strong>09</strong> 2007-08 <strong>2008</strong>-<strong>09</strong> 2007-08 <strong>2008</strong>-<strong>09</strong> 2007-08 <strong>2008</strong>-<strong>09</strong> 2007-08 <strong>2008</strong>-<strong>09</strong> 2007-08 <strong>2008</strong>-<strong>09</strong> 2007-08 <strong>2008</strong>-<strong>09</strong> 2007-08 <strong>2008</strong>-<strong>09</strong> 2007-08 <strong>2008</strong>-<strong>09</strong> 2007-08<br />

Amounts transferred from the Policyholders<br />

Account (Technical Account) 2862 2607 3344 212 347 64 92912 82959 7950 5163 1101 791 415 327 10111 8079 2021 1939<br />

Income From Investments:<br />

(a) Interest, Dividends & Rent – Gross 3018 2001 2569 1171 1245 1425 2816 1562 3024 2421 2624 1582 1852 952 8463 7640 6787 4208 2<strong>09</strong>6 1606<br />

(b) Profit on sale/redemption of investments 243 168 12<strong>09</strong> 5353 182 174 139 987 654 635 184 553 800 540 1284 3892 1176 788<br />

(c) (Loss on sale/ redemption of investments) (1) (7) (251) (299) (36) (9) (9) (359) (111) (550) (78) (635) (259) (195) (230) (1987) (729) (642) (692)<br />

(d) Transfer/gain on revaluation/Change in Fair value 519 (214)<br />

(e) Amortization of Premium/Discount on Investments 164 140 (30) 6 655 27 752 303<br />

Other Income 0 0 3 5 3 1 2 2<br />

TOTAL (A) 6286 49<strong>09</strong> 6872 6437 1739 1663 95719 84511 11246 8257 4487 2959 2153 1548 9483 8277 16195 15453 4651 3644<br />

Expenses other than those directly related to<br />

the insurance business 100 26 85 116 339 3 (16) 49 53 126 6208 688 26 79 159 147 49 93 204 26<br />

Bad debts written off<br />

Provisions (Other than taxation)<br />

(a) For diminution in the value of investments (Net) 422 51 2990 1910<br />

(b) Provision for doubtful debts<br />

(c) Others<br />

Contribution to Policyholders Account 76399 49410 94857 160635 20840 20707 61490 32482 37158 17913 110618 78276 16391 29518 15820 9975 3013 10888<br />

TOTAL (B) 76499 49437 94942 160751 21180 207<strong>09</strong> (16) 49 61543 32608 43788 18652 110644 78355 16550 29666 18859 11977 3217 1<strong>09</strong>14<br />

Profit/ (Loss) before tax (70214) (44528) (88070) (154314) (19441) (19046) 95735 84463 (50296) (24351) (39302) (15693) (108491) (76807) (7067) (21388) (2664) 3475 1434 (7271)<br />

Provision for Taxation 10100 14808 9 7 1 1 33 37 (83)<br />

Profit / (Loss) after tax (70214) (44528) (77970) (139506) (19450) (19053) 95735 84463 (50296) (24351) (39302) (15693) (108491) (76807) (7068) (21389) (2631) 3438 1434 (7187)<br />

Prior Period Items<br />

APPROPRIATIONS<br />

(a) Balance at the beginning of the year (88987) (44460) (299676) (160170) (71765) (52713) (68835) (44214) (6<strong>09</strong>74) (45281) (130517) (53710) (48990) (27601) 473 (2966) (33868) (26681)<br />

(b) Interim dividends paid during the year<br />

(c) Proposed final dividend 92912 82959<br />

(d) Dividend distribution on tax<br />

(e) Transfer to reserves/ other accounts 2823 1504 (270)<br />

Profit carried to the Balance Sheet (159201) (88987) (377646) (299676) (91215) (71765) (119131) (68835) (100275) (6<strong>09</strong>74) (239008) (130517) (56058) (48990) (2158) 473 (32434) (33868)<br />

Figures in brackets represents negative values<br />

74

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