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annual report 2009-10 - IRDA

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ANNUAL REPORT <strong>2009</strong>-<strong>10</strong>STATEMENT 65AGRICULTURE INSURANCE COMPANY OF INDIA LTD. (AIC) :BALANCE SHEET(AS ON 31 st MARCH)20<strong>10</strong> <strong>2009</strong>(` Lakh)SOURCES OF FUNDSShare Capital 20000 20000Reserves & Surplus 39688 53237Fair Value Change Account 593 18BorrowingsTOTAL 60282 73255APPLICATION OF FUNDSInvestments 144184 92334Loans 129 139Fixed Assets 2509 462Deferred Tax Assets 392 392CURRENT ASSETSCash & Bank Balance 93322 <strong>10</strong>4786Advances and Other Assets 14065 18268Sub-Total (A) <strong>10</strong>7387 123055CURRENT LIABILITIES 129524 <strong>10</strong>0339Provisions 64796 42788Sub-Total (B) 194319 143127Net Current Assets (C)= (A-B) (86932) (20072)Misc. Expenditure (to the extent not written off or adjusted)Profit & Loss Account (Debit Balance)TOTAL 60282 73255Note : Figures in brackets indicate negative values178

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