[nilesh]

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Hii sir, I Wants to get the Balance Sheet (Annual Turnover ) of the United India Insurance Company ?

[prince karak]

United India Insurance Company (wholly owned by the Government of India) is the 2nd Largest general insurance company with Premium of Rs.16000+ Crore in India.It was incorporated on 18 February 1938, and was nationalised in 1972.


The Balance Sheet (Annual Turnover ) of the United India Insurance Company is given below


Sources of Funds
SHARE CAPITAL 1500000
SHARE APPLICATION
MONEY PENDING
ALLOTMENT
RESERVES AND SURPLUS
NL-10-Reserves and Surplus Schedule 51643353
FAIR VALUE CHANGE ACCOUNT 48395659
BORROWINGS NL-11-Borrowings Schedule
TOTAL 101539012
APPLICATION OF FUNDS
INVESTMENTS NL-12-Investment Schedule 257794742
LOANS NL-13-Loans Schedule 2780224
FIXED ASSETS NL-14-Fixed Assets Schedule 1491571
DEFERRED TAX ASSET
CURRENT ASSETS
Cash and Bank Balances
NL-15-Cash and bank balance Schedule 13760304
Advances and Other Assets
NL-16-Advancxes and Other Assets Schedule 42587603
Sub-Total (A) 56347907
CURRENT LIABILITIES NL-17-Current Liabilities Schedule 147198465
PROVISIONS NL-18-Provisions Schedule 69676966
DEFERRED TAX LIABILITY
Sub-Total (B) 216875431
NET CURRENT ASSETS (C) =
(A - B) -160527524
MISCELLANEOUS
EXPENDITURE (to the extent not written off or adjusted)
NL-19-Miscellaneous Expenditure
Schedule 0
DEBIT BALANCE IN PROFIT
AND LOSS ACCOUNT 0
TOTAL 101539013

Balance Sheet (Annual Turnover ) of the United India Insurance Company