OPERATING EXPENSES RELATED TO INSURANCE BUSINESS

GENERAL INSURANCE CORPORATION OF INDIA

FOR THE YEARS ENDED 31ST MARCH, 2005 TO 31ST MARCH 2010

 

	Particulars	31st March 2010	31st March 2009	31st March 2008	31st March 2007	31st  March 2006	31st March 2005
		(Rs. '000)	(Rs. '000)	(Rs. '000)	(Rs. '000)	(Rs. '000)	(Rs. '000)
1	Employees' remuneration & welfare benefits	362 105	301 050	213 554	187 041	245 726	245 947
2	Travel, conveyance and vehicle running expenses	16 002	13 305	19 197	17 622	13 935	15 842
3	Training expenses	2 523	1 965	13 852	4 103	6 593	3 349
4	Rents, rates and taxes	24 944	28 053	27 789	20 290	17 993	18 162
5	Repairs	120 196	113 588	106 009	57 974	36 429	25 701
6	Printing & stationery	3 617	3 402	2 655	2 932	2 246	2 086
7	Communication	8 728	8 179	8 580	7 527	7 101	5 461
8	Legal & professional charges	22 409	19 326	20 370	22 048	4 418	5 143
9	Auditors' fees, expenses etc.	-
	(a) as auditor	4 510	3 741	1 977	1 186	793	731
	(b) as advisor or in any other capacity, in respect of	-
	(i) Taxation matters	200	125	125	225	140	138
	(ii) Insurance matters	1 436	824	707	286	15	10
10	Advertisement and publicity	18 818	18 784	42 692	48 974	15 329	6 922
11	Interest & Bank Charges	9 149	5 548	6 591	5 492	4 203	4 292
12	Others	63 870	49 184	30 663	34 192	58 679	41 570
13	Depreciation	33 172	44 461	50 174	49 422	23 939	19 280
	Total	691 679	611 535	544 935	459 314	437 539	394 634