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INSURANCE REGULATORY AND DEVELOPMENT AUTHORITY - page 128 / 228

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Statements 07-08 (Final) 74 ....

112

Note : Figure in brackets indicate negative values

APPROPRIATIONS (a) Interim dividends paid during the year (b) Proposed final dividend (c) Dividend distribution tax (d) Transfer to any Reserves or other Accounts (e) Transfer to General Reserve (f) Balance of Profit / Loss B/f from last year (g) Balance c/f to Balance Sheet

76140 5 1

19780 3362

116910 2 5

30960 5262

Profit before Tax Provision for Taxation Profit after Tax

106730 7451 99278

178947 25811 153134

TOTAL (B)

10933

4089

OTHER EXPENSES (a) Expenses other than those related Insurance business (b) Bad debts written off (c) Others

24 7664

143

30

109

PROVISIONS (Other than taxation) (a) For diminution in the value of investments (b) For doubtful debts (c) Others

657 (945) 3389

1793 (1339) 3496

OTHER INCOME TOTAL (A)

7113 117662

5694 183036

Less:

Loss on sale of investments

INCOME FROM INVESTMENTS (a) Interest, Dividend & Rent – Gross (b) Profit on sale of investments

40614 33946

34529 27403

(a) Fire Insurance (b) Marine Insurance (c) Miscellaneous Insurance (d) Life Insurance

(23031) (19197) 77762 453 35989

6047 (8132) 117405 90 115410

OPERATING PROFIT/(LOSS)

PARTICULARS

2008

2007

(Rs. Lakh)

GENERAL INSURANCE CORPORATION SHAREHOLDERS ACCOUNT

STATEMENT 20

ANNUAL REPORT 2007-08

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