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ANNUAL REPORT 2011-12<br />

LIFE INSURERS : SHAREHOLDERS ACCOUNT<br />

Contd... STATEMENT 22<br />

(` Lakh)<br />

Particulars ING VYSYA KOTAK MAHINDRA MAX LIFE METLIFE RELIANCE LIC<br />

2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12 2010-11 2011-12<br />

Amounts transferred from the Policyholders Account<br />

(Technical Account) 2741 4839 8951 17101 32986 41117 112 192 405 35400 113762 128123<br />

Income From Investments:<br />

(a) Interest, Dividends & Rent – Gross 1427 2551 2186 3230 7453 12865 2205 2888 2658 3289 3323 3207<br />

(b) Profit on sale/redemption of investments 655 859 76 38 752 1506 244 294 729 2582 69<br />

(c) (Loss on sale/ redemption of investments) (0) (1) (4) (2) (24) (9) (33) (241) (137) (16) (9)<br />

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

(e) Amortization of Premium/Discount on Investments 354 657 234 306<br />

Other Income 1 1442 40 14<br />

TOTAL (A) 4823 8248 11212 20366 41543 57562 2552 3341 3786 41440 117178 131334<br />

Expenses other than those directly related to the<br />

insurance business 333 197 83 41 20954 10640 24 24 134 1222 (2)<br />

Bad debts written off<br />

Provisions (Other than taxation)<br />

(a) For diminution in the value of investments (Net)<br />

(b) Provision for doubtful debts<br />

(c) Others<br />

Prior Period Expenses<br />

Contribution to Policyholders Account 11496 11166 882 1183 939 16581 2961<br />

TOTAL (B) 11829 11363 965 41 22137 11578 24 24 16715 4183 (2)<br />

Profit/ (Loss) before tax (7006) (3115) 10247 20325 19406 45983 2528 3317 (12929) 37257 117180 131334<br />

Prior Period Expenses<br />

Provision for Taxation 2 0<br />

Profit / (Loss) after tax (7008) (3115) 10247 20325 19406 45983 2528 3317 (12929) 37257 117180 131334<br />

APPROPRIATIONS<br />

(a) Balance at the beginning of the year (104892) (111899) (25512) (15264) (102367) (82961) (10462) (7934) (267387) (280316)<br />

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

(c) Proposed final dividend 4785 113762 128123<br />

(d) Dividend distribution tax 776<br />

(e) Transfer to reserves/ other accounts 3419 3211<br />

Profit carried to the Balance Sheet (111899) (115014) (15264) 5061 (82961) (36978) (7934) (4617) (280316) (248620)<br />

165

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