Balance Sheet

LIFE INSURANCE CORPORATION OF INDIA

NSE : LICIBSE : 543526ISIN CODE : INE0J1Y01017Industry : InsuranceHouse : PSU
BSE960.85-15.5 (-1.59 %)
PREV CLOSE ( ) 976.35
OPEN PRICE ( ) 979.00
BID PRICE (QTY) 0.00 (0)
OFFER PRICE (QTY) 0.00 (0)
VOLUME 150021
TODAY'S LOW / HIGH ( )958.05 986.00
52 WK LOW / HIGH ( )542.75 1175
NSE961.05-14.85 (-1.52 %)
PREV CLOSE( ) 975.90
OPEN PRICE ( ) 980.05
BID PRICE (QTY) 961.05 (939)
OFFER PRICE (QTY) 0.00 (0)
VOLUME 1943056
TODAY'S LOW / HIGH( ) 958.00 986.00
52 WK LOW / HIGH ( )543 1175
Select year
( in Million)
ParticularsMar2023Mar2022Mar2021Mar2020Mar2019
Share Capital63249.9863249.981000.001000.001000.00
    Equity - Authorised250000.00250000.001000.001000.001000.00
     Equity - Issued63249.9863249.981000.001000.001000.00
    Equity - Paid Up63249.9863249.981000.001000.001000.00
    Equity Shares Forfeited
    Adjustments to Equity
    Preference Capital Paid Up0.000.000.000.000.00
    Unclassified Shares Paid Up
    Face Value1.001.001.0010.0010.00
Share Warrants
Reserve and Surplus402199.3850397.2568047.479879.428861.96
Capital Reserve4640.194649.751743.9559.95
Share Premium21.0221.0221.0221.0221.02
General Reserve294.21294.2162256.316227.485554.33
Profit & Loss A/c392175.3441751.381128.54632.57685.89
Other Reserve4925.193537.742778.782825.652514.42
Revaluation Reserve19.6619.6619.6619.662.94
Fair Value Change Account Cr / (Dr)-1949.67927.89784.97101.69-887.61
Borrowings12.8936.652534135.992694005.95
Debentures127945.03162030.04
Financial Institutions2406190.962531975.91
Others0.000.000.00
Policy Holders Funds
Fair Value Change Account Cr / (Dr)3482975.864002744.742729449.89-43165.632166952.55
Policies Liabilities40689137.9237279660.6934207986.0931200005.5628245294.74
Insurance Reserve252079.08170928.27127114.54114148.90130959.43
Provisions for Linked Liabilities261789.31239086.17329591.68325352.99417026.44
Funds For future Appropriations39186.7418344.3333.40286.82132.71
Total Sources of Funds45188668.6041825352.2037464044.6834141745.7433663346.17
Applications of Funds
Investments
Investments - Shareholders281767.2852279.004264.034008.403693.83
Investments - Policies Holders42054736.4739114227.4634984407.3729579077.5728776866.93
Assets Held to cover Linked Liabilities263258.86239587.17329749.57321698.86335668.71
Loans1170054.661110338.771087636.652374346.962498803.33
Secured
Unsecured Loans10088.8722501.1028132.22108905.21109526.04
Current Assets0.000.000.00
Cash & Bank balances454985.97447243.45360783.19631526.28678995.28
Cash38753.3139374.2533398.0327251.4862031.91
Bank Balances & Deposits269925.42287512.77254336.32378605.18329055.62
Money at call & Short notice146055.79115787.4469401.07221323.15285456.69
Others251.464568.993647.774346.472451.06
Advances & Other Assets237123.79352142.58357336.10559654.90583181.02
Advances
Application money for Investments407.57499.992923.581703.2993.75
Prepayments & Pre paid expenses7966.217355.565622.145900.425259.04
Advances to Directors / Officers4.6013.4410.865.832.00
Advance Tax paid & TDS210021.07322936.71329339.65532881.10554295.83
Other Advances
Other Assets1284619.191189052.531136324.901382335.651249631.15
Accrued / Outstanding Income on investments630112.88578633.82557395.60550037.79518745.06
Outstanding balances116618.07106402.9698557.61144153.11101380.61
Due from Other Insurance Agency0.250.230.220.230.21
Deposits with RBI
Others
Current Liabilities & Provisions
Current Liabilities446782.79565744.87681714.55650317.13402823.05
Agents Balances119.22124.86148.69113.76116.34
Due to Other Insurance Companies442.46-126.51-326.55464.3457.18
Premium received in advance647.06705.67786.93781.56857.22
Sundra Creditors75883.5867634.96162248.71155231.28105053.41
Due to subsidiaries/Holding Companies
Claims Outstanding70258.87102739.28105026.66108616.7449869.17
Others
Provisions149462.16149480.69149482.83206303.53206346.80
Provisions for taxation
Proposed Dividend26997.3426630.99
Provision for Dividend Distribution Tax14.356.61337.28
Other Provisions31.6035.7845.6629875.6329947.97
Fixed Assets76963.0572857.3668794.04194441.34197174.79
Less: Accumulated Depreciation41910.3439138.1035536.9656065.3958602.16
Less: Impairment of Assets
Total Net block35052.7233719.2533257.08138375.95138572.63
Total Assets45188668.6041825352.2037464044.6834141745.7433663346.17
Contingent Liabilities154483.05216962.95275904.551402675.221604618.70
    Claims against the company not acknowledged148432.60210912.55252534.14255317.81240753.53
    Liability for partly paid investments6049.616049.6123369.602.002.00
    Liabilities under Guarantees0.850.800.81418404.66424726.85
    Other Contingents Liabilities728949.19939136.32

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RISK DISCLOSURES ON DERIVATIVES

  • 9 out of 10 individual traders in equity Futures and Options Segment, incurred net losses.
  • On an average, loss makers registered net trading loss close to ₹ 50,000.
  • Over and above the net trading losses incurred, loss makers expended an additional 28% of net trading losses as transaction costs.
  • Those making net trading profits, incurred between 15% to 50% of such profits as transaction cost.

Source:

1. SEBI study dated January 25, 2023 on “Analysis of Profit and Loss of Individual Traders dealing in equity Futures and Options (F&O) Segment”, wherein Aggregate Level findings are based on annual Profit/Loss incurred by individual traders in equity F&O during FY 2021-22.