annual report 2008-09 - IRDA

ANNUAL REPORT 2008-09
SHAREHOLDERS ACCOUNT : ALL LIFE INSURERS
STATEMENT 5
(Rs lakh)
Particulars TATA MET LIFE AVIVA SAHARA SHRIRAM BHARATI FUTURE IDBI FORTIS AEGON CANARA DLF SUDI TOTAL
2008-09 2007-08 2008-09 2007-08 2008-09 2007-08 2008-09 2007-08 2008-09 2007-08 2008-09 2007-08 2008-09 2007-08 2008-09 2007-08 2008-09 2008-09 2008-09 2008-09 2008-09 2007-08
Amounts transferred from the Policyholders
Account (Technical Account) 3780 232 65 53 48 65 43 (41515) (1972) 81539 102464
Income From Investments:
(a) Interest, Dividends & Rent – Gross 2325 2131 2247 1893 2895 2412 1231 1167 1130 1048 1033 997 1107 455 1147 665 446 2186 508 304 51052 35336
(b) Profit on sale/redemption of investments 89 3 232 75 91 280 673 595 460 91 112 343 65 118 119 224 344 22 8169 14726
(c) (Loss on sale/ redemption of investments) (44) (860) (21) (10) (33) (26) (14) (169) (0) (416) (6) (40) (5) (14) (6297) (2438)
(d) Transfer/gain on revaluation/Change in Fair value 519 (214)
(e) Amortization of Premium/Discount on Investments 14 4 144 (17) 1683 480
Other Income 2 6 119 41 85 1 213 58
TOTAL (A) 6150 2365 1452 2125 3002 2542 1480 1847 1909 1592 (40417) 1095 1281 520 863 668 702 2456 831 (1660) 136878 150412
Expenses other than those directly related to the insurance business254 667 523 176 41 34 25 21 114 217 534 152 275 2191 274 1483 1262 198 12192 4811
Bad debts written off
Provisions (Other than taxation)
(a) For diminution in the value of investments (Net) 1583 349 237 5345 2198
(b) Provision for doubtful debts
(c) Others 1 9 1 9
Contribution to Policyholders Account 62420 35629 51984 22615 1670 1478 516 610 1215 25080 26341 3372 11611 1019 21171 4015 617528 499606
TOTAL (B) 62674 36296 52507 22790 3295 1512 890 869 1329 25297 26875 3524 11886 3218 274 22654 5277 198 635066 506624
Profit/ (Loss) before tax (56524) (33930) 1452 2125 (49505) (20249) (1815) 334 1019 723 (41746) (24201) (25594) (3005) (11023) (2550) 428 (20199) (4446) (1858) (498188) (356211)
Provision for Taxation 0 208 165 0 0 0 (3) (20) 8 10339 14931
Profit / (Loss) after tax (56524) (33930) 1452 2125 (49505) (20249) (1815) 334 811 558 (41746) (24201) (25594) (3005) (11023) (2553) 408 (20207) (4446) (1858) (487849) (341281)
Prior Period Items
APPROPRIATIONS
(a) Balance at the beginning of the year (64461) (30567) (14420) (16545) 66749 (46501) (1058) (1597) 1726 1168 (32244) (8043) (3362) (357) (2553) (2787) (2880) (107) (858537) (560236)
(b) Interim dividends paid during the year
(c) Proposed final dividend 92912 82959
(d) Dividend distribution on tax
(e) Transfer to reserves/ other accounts 37 205 2823 1475
Profit carried to the Balance Sheet (120985) (64461) (12968) (14420) 116255 (66749) (2873) (1058) 2536 1726 (73990) (32244) (28955) (3362) (13576) (2553) (2379) (23087) (4446) (1965) (1442120) (985951)
Figures in brackets represents negative values
75