| FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE |
|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
| ADVANCES AND OTHER ASSETS |
|
|
|
|
|
|
| |
Particulars |
As at 30.09.2011 |
As at 30.09.2010 for the corresponding half year |
| |
|
(Rs '000) |
(Rs '000) |
| |
ADVANCES |
|
|
| 1 |
Reserve deposits with ceding companies |
13647 921 |
10840 693 |
| 2 |
Application money for investments |
100 000 |
0 |
| 3 |
Prepayments |
3 358 |
2 865 |
| 4 |
Advances to Directors/Officers |
2 001 |
1 751 |
| 5 |
Advance tax paid and taxes deducted at source (Net of provision for taxation) |
6954 358 |
10012 466 |
| 6 |
Others |
31 400 |
201 256 |
| 7 |
Deferred Commission |
209 682 |
149 432 |
| |
TOTAL (A) |
20948 720 |
21208 463 |
| |
|
|
|
| |
OTHER ASSETS |
|
|
| 1 |
Income accrued on investments |
4635 528 |
3536 058 |
| 2 |
Due from other entities carrying on insurance business (including reinsurers) |
33480 182 |
23785 646 |
| 3 |
Deposit U/S-7 of Insurance Act |
303 029 |
304 565 |
| 4 |
Sundry Debtors |
68 221 |
112 106 |
| 5 |
Sundry Deposits |
237 916 |
236 659 |
| 6 |
MAT Credit |
771 571 |
0 |
| 7 |
Terrorism Pool Assets |
24641 364 |
19811 953 |
|
|
|
|
| |
TOTAL (B) |
64137 811 |
47786 987 |
| |
TOTAL (A+B) |
85086 531 |
68995 450 |
|
|
|
|
|
|
|
|
| FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE |
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
| ADVANCES AND OTHER ASSETS |
| |
Particulars |
As at 30.09.2010 |
As at 30.09.2009 for the corresponding previous year |
| |
|
(Rs.000) |
(Rs.000) |
| |
ADVANCES |
|
|
| 1 |
Reserve deposits with ceding companies |
10840693 |
14775509 |
| 2 |
Application money for investments |
0 |
100000 |
| 3 |
Prepayments |
2865 |
2262 |
| 4 |
Advances to Directors/Officers |
1751 |
1592 |
| 5 |
Advance tax paid and taxes deducted at source (Net of provision for taxation) |
10012 466 |
3274719 |
| 6 |
Others |
201256 |
15949 |
| 7 |
Deferred Commission |
149432 |
118714 |
| |
TOTAL (A) |
21208463 |
18288745 |
| |
|
|
|
| |
OTHER ASSETS |
|
|
| 1 |
Income accrued on investments |
3536058 |
3367466 |
| 2 |
Outstanding Premiums |
|
|
| 3 |
Agents’ Balances |
|
|
| 4 |
Foreign Agencies Balances |
|
|
| 5 |
Due from other entities carrying on insurance business (including reinsurers) |
23785646 |
17766988 |
| |
|
|
|
| 6 |
Due from subsidiaries/ holding |
|
|
| |
|
|
|
| 7 |
Deposit U/S-7 of Insurance Act |
304565 |
307652 |
| 8 |
Sundry Debtors |
112106 |
102443 |
| 9 |
Sundry Deposits |
236659 |
101950 |
| 10 |
Terrorism Pool Assets |
19811 953 |
16367002 |
| |
|
|
|
| |
TOTAL (B) |
47786987 |
38013501 |
| |
TOTAL (A+B) |
68995450 |
56302246 |