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ANNUAL REPORT 2011-12<br />

STATEMENT 67<br />

EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LTD. (ECGC):<br />

POLICYHOLDERS ACCOUNT<br />

(` Lakh)<br />

PARTICULARS 2010-11 2011-12<br />

Premiums earned (Net) 67486.25 76625.24<br />

Profi t/ Loss on sale/redemption of Investments 346.23 145.56<br />

Others 600.91 500.02<br />

Interest, Dividend & Rent – Gross 13662.50 18948.63<br />

TOTAL (A) 82095.88 96219.46<br />

Claims Incurred (Net) 75743.87 67961.21<br />

Commission (953.21) (5792.02)<br />

Operating Expenses related to Insurance Business 15147.54 12669.46<br />

Other - Premium Defi ciency (4819.81) 4686.09<br />

Others- Amortizations, Write offs & Provisions<br />

Foreign Taxes<br />

TOTAL (B) 85118.39 79524.74<br />

Operating Profit/(Loss) from Fire/Marine/Miscellaneous Business C= (A - B) (3022.51) 16694.72<br />

APPROPRIATIONS<br />

Transfer to Shareholders' Account (3022.51) 16694.72<br />

Transfer to Catastrophe Reserve<br />

Transfer to Other Reserves<br />

TOTAL (C) (3022.51) 16694.72<br />

Note : Figures in brackets indicate negative values<br />

232

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