Bajaj Allianz Life Insurance Company Limited Form L-2-A-PL

Registration No. 116 ; Date of Registration - 3 August 2001

Profit and Loss account
Shareholders' Account (Non Technical Account)
(Rs. '000)

Particulars For the quarter ended For the year ended For the quarter ended For the year ended
31 March 2019 31 March 2019 31 March 2018 31 March 2018

Amounts transferred from the Policyholders' account (Technical Account) 3,339,846 4,800,976 1,969,433 3,495,423

Income from investments

(a) Interest, dividends and rent - Gross 1,575,105 6,202,823 1,524,270 5,910,409
(b) Profit on sale/redemption of investments 145,694 1,009,556 177,470 1,311,500
(c) (Loss) on sale/redemption of investments (108,995) (563,012) (186,685) (461,526)
(d) Accretion of discount/(amortisation of premium) (net) (30,331) (64,680) (46,592) (112,132)
Other Income - - - -
Total (A) 4,921,319 11,385,663 3,437,896 10,143,674

Expenses other than those directly related to the insurance business 201,084 466,530 192,541 503,059
Bad debts written off - - - -
Provisions (other than taxation)
(a) For diminution in value of investment(Net) 401,434 1,346,782 - -
(b) Provision for doubtful debts - - - -
Contribution to the Policyholders' account (Technical Account) 3,032,892 3,763,859 1,325,626 1,574,468
Total (B) 3,635,410 5,577,171 1,518,167 2,077,527

Profit/ (loss) before tax 1,285,909 5,808,492 1,919,729 8,066,147

Provision for taxation
(a) Current tax (credit)/charge 166,996 789,866 208,095 904,990
(b) Deferred tax (credit)/charge - - - -
Profit/ (loss) after tax 1,118,913 5,018,626 1,711,634 7,161,157

Appropriations
(a) Balance at the beginning of the year 82,274,719 79,646,820 1,711,634 72,485,663
(b) Interim dividends paid during the year - - - -
(c) Final dividend paid during the year - 1,054,963 - -
(d) Dividend distribution tax - 216,851 - -
(e) Transfer to reserves - - - -
Profit carried forward to the Balance Sheet 83,393,632 83,393,632 3,423,268 79,646,820