1.
MANAGEMENT ACCOUNTING
GROUP D-11
HTBC0431- RIYA CHHEDA
HTBC0430- PALAK CHHEDA
HTBC0429- MOKSH CHHEDA
HTBC0428- MISARI CHHEDA
HTBC0427- AKSHAT CHHEDA
HTBC0426- AAYUSH CHHEDA
HTBC0425- RIA CHHAJER

2.
STAR HEALTH AND ALLIED INSURANCE COMPANY LIMITED

3.
INTRODUCTION
Commenced
operations on
18th May, 2006
First standalone
Health Insurer of
India
Beginning with
18crs of premium
during first year
Operating through
224 branch offices
and 512 SMS with
more than 5000
employees in the
service of insuring
public
Had a privilege of
handling 3 mega
schemes
Consistent
Growth Rate

4.
Profit and Loss Account of star health and allied Insurance Company
For the year ended 31st March 2021 (Rs in Crores)
Particulars Amount
INCOME
Revenue from operations [gross] 4626.63
Other Income 0.32
Total revenue 4626.95
Expenses
Cost of material consumed 0.00
Purchase of stock in trade 0.00
Changes in Finished goods , WIP and stock in trade 0.00
Employee benefit expenses 1245.03
Finance cost 28.37
Depreciation and amortisation expenses 45.73
Other expenses 5142.96
Total expenses 6496.44
Profit/loss before exceptional, extraordinary items and tax -1869.49
Exceptional items 0.00
Profit/loss before tax -1869.49
Less: Current tax 62.40
Less : Deferred tax -414.31
Profit/Loss for the period -2346.2
Basic EPS -21.75
Diluted EPS -21.75

5.
Balance Sheet as on 31st March 2021 ( Rs in Crores )
Particulars Amount
Equity and liabilities
Shareholder’s Funds
a) Share capital 548.09
b) Reserves and surplus 2948.15
Non-Current Liabilities
a) Long term Borrowings 250
a) Deferred tax Liabilities (Net) 0.00
a) Other Long term Borrowings -4.49
a) Long term Provisions 0.00
Current Liabilities
a) Short term Borrowings 0.00
a) Trade Payables 0.00
a) Other Current Liabilities 1564.30
a) Short term Provisions 5194.64
Total 10500.98
Assets
Non-Current Assets
a) Tangible Assets 79.72
a) Intangible Assets 0.00
a) Capital work – in – Progress 19.25
a) Other Assets 0.00
a) Non-Current Investments 6836.69
a) Deferred Tax Assets (Net) 421.31
a) Long term Loans and Advances 0.00
a) Other non-current Assets 0.00
Current Assets
a) Current Investments 0.00
a) Inventories 0.00
a) Trade Receivables 0.00
a) Cash and Cash Equivalents 1878.99
a) Short term Loans and Advances 1265.02
a) Other Current Assets 0.00
Total 10500.98
Contingent Liabilities, Commitments
Contingent Liabilities 21.98