HDFC SLIC LTD BALANCE SHEET 2010 SOURCES OF FUNDS SHARE HOLDERS FUND Share Capital Reserve and

Surplus Credit/(Debit) Fair Value Changes Acount Sub Total BORROWINGS POLICYHOLDERS FUND Credit/(Debit) Fair Value Changes Account Policy Liabilities Insurance Reserves Provision for Linked Liabilities Add: Fair Value Change Total Provision for Linked Liabilities Sub-Total Funds for Future Appropriations Funds for Future appropriation-Provision for lapsed policy unlikely to be relieved Surplus Allocated to Shareholder TOTAL 2009 2008 2007 2006

19,680,000 552,892 184,435 20,417,327 _ 205,087 37,666,908 _ 127,701,636 27,516,164 155,217,800 193,089,795 1,490,013 1,064,831 _ 216,061,966

APPLICATION OF FUNDS INVESTMENTS Shareholders 6,304,757 Policyholders 43,415,382 Asset held to cover linked liabilities 155,217,800 LOANS 40,366 FIXED ASSETS 1,143,777 CURRENT ASSETS Cash and bank balances 2,826,362 Advances and Other Assets 4,917,758 Sub Total (A) 7,744,120 CURRENT LIABILITIES 12,281,585 PROVISIONS 187,617 Sub Total(B) 12,469,202 NET CURRENT ASSET = (A-B) -4,725,082 MISCELLANEOUS EXPENDITURE (to extent not written off or adjusted) _ DEBIT BALANCE IN PROFIT AND LOSS ACOUNT (Shareholders account) 14,664,966 TOTAL 216,061,966