annual report 2009-10 - IRDA

ANNUAL REPORT 2009-10EXPORT CREDIT GUARANTEE CORPORATION OF INDIA LTD. (ECGC) :SHAREHOLDERS ACCOUNTPARTICULARS 2009-10 2008-09OPERATING PROFIT/(LOSS)(a) Fire Insurance(b) Marine Insurance(c) Miscellaneous Insurance (9934) 25786(9934) 25786INCOME FROM INVESTMENTS(a) Interest, Dividend & Rent – Gross 15895 18166(b) Profit on sale of investments 233 0Less: Loss on sale of investmentsOTHER INCOME 1233 381TOTAL (A) 7426 44333PROVISIONS (Other than taxation)(a) For diminution in the value of investments(b) For doubtful debts 712 301(c) OthersOTHER EXPENSES(a) Expenses other than those related to Insurance Business(b) Bad debts written off(c) Others 167 203TOTAL (B) 879 504Profit Before Tax 6548 43829Provision for Taxation 2756 15213Prior Period Adjustments (1581) 277Profit after Tax 5373 28339APPROPRIATIONS(a) Interim dividends paid during the year 11583(b) Proposed final dividend 1075 8100(c) Dividend distribution tax 183 1377(d) Transfer to any Reserves or other AccountsTransfer to General Reserve 4116 7279Balance of Profit / Loss B/f from last year 2 1Balance C/f to Balance Sheet 2 2Note : Figures in brackets indicate negative valuesSTATEMENT 61(` Lakh)174