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Balance sheet of HDFC STANDARD LIFE as at March 31 for five years
A
Particulars Schedule 2009
(Rs.‘000)
2008
(Rs.‘000)
2007
(Rs.‘000)
2006
(Rs.‘000)
2005
(Rs.‘000)
SOURCES OF FUNDS
SHAREHOLDERS’ FUNDS:
Share Capital
Share application money received pending allotment of shares
Reserve and Surplus
Credit / [Debit] Fair Value Change Account
5
6
17,958,180
-
552,892
(77,610)
12,706,359
-
552,892
3,881
8,007,148
287,391
65,902
-
6,192,718
-
65,902
73,105
3,190,898
-
-
3,552
Sub-Total 18,433,462 13,263,132 8,360,441 6,331,725 3,194,450
BORROWINGS POLICYHOLDERS’
FUNDS:
Credit / [Debit] Fair Value Change
Account
Policy Liabilities
Insurance Reserves
Provision for Linked liabilities
7 -
(296,885)
29,092,419
-
84,085,083
-
193,745
24,366,747
-
56,317,976
-
91,247
17,391,531
-
25,934,264
-
209,569
11,487,996
-
9,732,781
-
174,980
6,377,397
-
1,918,292
Add: Fair value change
(15,302,147)
3,133,608 2,582,499 2,203,309 -
Total Provision for Linked Liabilities
68,782,936 59,451,584 28,516,763 11,936,090 -
Sub-Total 97,578,470 84,012,076 45,999,541 23,633,655 8,470,669
Funds for Future Appropriations
Funds for future appropriation -
Provision for lapsed policies unlikely to
be revived
Surplus Allocated to Shareholders
586,395
531,970
-
-
246,951
-
-
59,485
-
-
25,516
-
-
-
-
TOTAL 117,130,297 97,522,159 54,419,467 29,990,896 11,665,119
APPLICATION OF FUNDS:
INVESTMENTS
Shareholders’
Policyholders’
Assets held to cover Linked Liabilities
LOANS
FIXED ASSETS
CURRENT ASSETS
Cash and bank balances
8
8A
8B
9
10
11
4,291,597
30,050,097
68,782,936
30,248
1,447,706
4,108,660
4,213,064
23,299,043
59,451,584
18,618
1,331,800
4,493,238
1,529,743
17,782,866
28,516,763
12,638
736,054
3,363,556
1,380,910
11,695,010
11,936,090
29,356
601,345
2,879,622
984,253
6,087,916
1,918,292
11,984
731,824
733,529
Advances and Other Assets
12 5,534,969 4,082,489 1,961,980 990,106 409,495
Sub-total (A) 9,643,629 8,575,727 5,325,536 3,869,728 1,143,024
CURRENT LIABILITIES
PROVISIONS
13
14
8,820,225
208,813
6,129,149
122,019
3,874,652
30,845
2,658,567
28,729
1,069,635
20,720
Sub-Total (B) 9,029,038 6,251,168 3,905,497 2,687,296 1,090,355
NET CURRENT ASSETS (C) =
(A - B) 614,591 2,324,559 1,420,039 1,182,432 52,669
MISCELLANEOUS EXPENDITURE (to the extent not written off or adjusted)
DEBIT BALANCE IN PROFIT AND LOSS ACCOUNT (Shareholders’ account)
15 -
11,913,122
-
6,883,491
-
4,421,364
-
3,165,753
-
1,878,181
TOTAL 117,130,297 97,522,159 54,419,467 29,990,896 11,665,119
CONTINGENT LIABILITIES
1. Partly paid-up investments
2. Claims, other than against policies, not
acknowledged as debts by the company
3. Underwriting commitments
-
-
-
-
-
-
-
-
-
-
outstanding (in respect of share and
securities)
4. Guarantees given by or on behalf of the
Company
5. Statutory demands / liabilities
in dispute, not provided for
6.Reinsurance obligations to the
extent not provided for in the accounts
7.Others
-
-
1,465,718
-
-
-
-
262,091
-
-
-
-
309,494
-
-
-
-
119,829
-
-
-
-
-
-
-
Total 1,465,718 262,091 309,494 119,829 -
Profit & Loss Account for year ended March 31, from 2005 to 2009
Shareholders’ Account (Non-technical Account)
Particulars schedule
2009
(RS.’000)
2008
(RS.’000)
2007
(RS.’000)
2006
(RS.’000)
2005
(RS.’000)
Amounts transferred from the Policyholders
794,984 516,341 - - -
Account (Technical Account)
Income from Investments
(a) Interest, Dividends & Rent - Gross
(b) Profit on sale / redemption of investments
(c) (Loss on sale / redemption of investments)
(d) Transfer / gain on revaluation / change in fair
value
(e) Amortization of (premium)/disco
unt on investments
302,367
13,924
(35,870)
51,887
(2,965)
242,109
98,694
(11,142)
(21,384)
561
126,836
114,192
(12,470)
(23,909)
(2,375)
138,496
7,989
(6,933)
(6,594)
(8,926)
65,321
10,117
(4,043)
-
(5,156)
Sub Total 329,343 308,838 202,274 124,032 66,239
Other Income 300 531 764 3,650 1587
TOTAL (A) 1,124,627 825,710 203,038 127,682 67,826
Expenses other than those directly related to the insurance business
Bad debts written off
Provisions (other than taxation)
(a) For diminution in the value of Investments (net)
(b) Provision for
3A 5,307
-
-
-
12,596
-
-
-
8,252
-
-
-
18,251
-
-
-
10,490
-
-
-
doubtful debts
(c) Others
Contribution to the Policyholders Fund
-
6,148,951
-
3,248,208
-
1,450,397
-
1,397,003
-
954,744
TOTAL (B) 6,154,258 3,260,804 1,458,649 1,415,254 965,234
Profit / (Loss) before tax
Provision for Taxation
Profit / (Loss) after tax
APPROPRIATIONS
(a) Balance at the beginning of the Year
(b) Interim dividends paid during the Year
(c) Proposed final dividend
(d) Dividend distribution tax
(e) Transfer to liabilities on account of Employee benefits
(5,029,631)
-
(5,029,631)
(6,883,491)
-
-
-
-
(2,435,094)
-
(2,435,094)
(4,421,364)
-
-
-
(27,033)
(1,255,611)
-
(1,255,611)
(3,165,753)
-
-
-
-
(1,287,572)
-
(1,287,572)
(1,878,181)
-
-
-
-
(897,348)
-
(897,348)
(980,833)
-
-
-
-
Profit / (Loss) carried forward to the Balance Sheet (11,913,1
22)
(6,883,491)
(4,421,364)
(3,165,753)
(1,878,181)
Earnings per share - Basic
(3.28) (2.42) (1.83) (2.92) (3.38)
Earnings per share - Diluted
(3.28) (2.42) (1.81) (2.92) (3.38)