Download PDF - IRDA
Download PDF - IRDA
Download PDF - IRDA
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
ANNUAL REPORT 2011-12<br />
LIFE INSURERS : BALANCE SHEET (AS ON 31 st MARCH)<br />
STATEMENT 23<br />
(` Lakh)<br />
AEGON RELIGARE AVIVA BAJAJ ALLIANZ BHARTI AXA BIRLA SUN LIFE CANARA HSBC<br />
2011 2012 2011 2012 2011 2012 2011 2012 2011 2012 2011 2012<br />
SOURCES OF FUNDS<br />
SHAREHOLDERS’ FUNDS:<br />
SHARE CAPITAL 95000 113500 200490 200490 15071 15071 152535 171865 196950 196950 70000 80000<br />
SHARE APPLICATION MONEY PENDING ALLOTMENT<br />
EMPLOYEES STOCK OPTION OUTSTANDING<br />
RESERVES AND SURPLUS 209870 340990 17929 18599 48000 48000 12500 12500<br />
CREDIT/[DEBIT] FAIR VALUE CHANGE ACCOUNT 0 0 0 194 2 0 0 0<br />
Sub-Total 95000 113500 200490 200490 224941 356061 170659 190466 244950 244950 82500 92500<br />
BORROWINGS<br />
POLICYHOLDERS’ FUNDS:<br />
CREDIT/[DEBIT] FAIR VALUE CHANGE ACCOUNT 0 (0) 375 558 13 (22) 1 (16) (24) 1<br />
REVALUATION RESERVE-INVESTMENT PROPERTY<br />
POLICY LIABILITIES 4168 8244 23256 78445 384467 565386 6750 12147 106086 143188 26286 58996<br />
INSURANCE RESERVES 40918 63251<br />
PROVISION FOR LINKED LIABILITIES 666045 618705 3288417 2999946 133914 159026 1745922 1813642 232648 354674<br />
Sub-Total 45086 71494 689301 697150 3673259 3565891 140677 171150 1852008 1956814 258910 413672<br />
DEFERRED TAX LIABILITY<br />
FUNDS FOR FUTURE APPROPRIATIONS 322 1745 15865 9674 29290 22908 8 1285 45697 39589<br />
TOTAL 140408 186740 905655 907314 3927490 3944860 311344 362901 2142656 2241354 341410 506172<br />
APPLICATION OF FUNDS<br />
INVESTMENTS<br />
Shareholders’ 18931 15917 58556 76155 235208 360056 13867 17455 69727 101533 13523 20695<br />
Policyholders’ 4235 8542 24971 77919 409372 583294 6266 12498 160335 195831 27782 53725<br />
ASSETS HELD TO COVER LINKED LIABILITIES 41240 64996 681910 628348 3288417 2999946 133922 160310 1745922 1813642 232648 354674<br />
LOANS 1471 1707 2631 2502<br />
FIXED ASSETS 2160 866 3506 2408 16537 22624 871 1074 3998 3959 2994 2105<br />
INCIDENTAL EXPENSES PENDING CAPITALISATION<br />
DEFERRED TAX ASSET<br />
CURRENT ASSETS<br />
Cash and Bank Balances 4848 3310 5054 12005 43851 43824 3451 2515 58852 64047 8576 7687<br />
Advances and Other Assets 7715 8824 15375 15285 38325 53646 10206 10506 13717 23805 7834 11152<br />
Sub-Total (A) 12563 12135 20429 27289 82176 97470 13658 13021 72570 87852 16410 18839<br />
CURRENT LIABILITIES 11917 9557 29863 43503 95009 106549 12473 15660 80083 96176 18598 19585<br />
Provisions 235 231 1704 1796 10682 13688 613 628 4695 5412 191 30<br />
Sub-Total (B) 12152 9787 31567 45299 105691 120237 13086 16288 84778 101588 18789 19616<br />
NET CURRENT ASSETS (C) = (A – B) 411 2347 (11138) (18010) (23515) (22767) 571 (3267) (12208) (13736) (2379) (776)<br />
MISCELLANEOUS EXPENDITURE<br />
(to the extent not written off or adjusted)<br />
DEBIT BALANCE IN PROFIT & LOSS ACCOUNT<br />
(Shareholders’ Account) 4369 10073 147851 140494 155846 174830 172251 137623 66841 75748<br />
Debit Balance in Policyholders’ A/c 69063 83999<br />
TOTAL 140408 186740 905655 907314 3927490 3944860 311344 362901 2142656 2241354 341410 506172<br />
167
Change language