| FORM NL-7-OPERATING EXPENSES SCHEDULE | |||||
| Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA--- | |||||
| OPERATING EXPENSES RELATED TO INSURANCE BUSINESS | |||||
| - | Particulars | UP TO THE QUARTER | FOR THE HALF YEAR ENDED 30.09.2011 | UP TO THE QUARTER OF THE PRECEDING YEAR | FOR THE PREVIOUS HALF YEAR ENDED 30.09.2010 |
| - | - | (Rs '000) | (Rs '000) | (Rs '000) | (Rs '000) |
| 1 | Employees’ remuneration & welfare benefits | 121 408 | 233 336 | 111 250 | 229 940 |
| 2 | Travel, conveyance and vehicle running expenses | 3 565 | 8 335 | 5 181 | 7 728 |
| 3 | Training expenses | 477 | 797 | 236 | 1 405 |
| 4 | Rents, rates & taxes | 4 161 | 9 447 | 4 483 | 9 314 |
| 5 | Repairs | 29 375 | 60 681 | 38 456 | 69 745 |
| 6 | Printing & stationery | 677 | 1 239 | 687 | 1 339 |
| 7 | Communication | 3 486 | 5 475 | 2 672 | 4 530 |
| 8 | Legal & professional charges | 6 365 | 7 974 | 6 023 | 6 927 |
| 9 | Auditors' fees, expenses etc | - | - | - | - |
| - | (a) as auditor | 660 | 660 | 235 | 835 |
| - | (b) as adviser or in any other capacity, in respect of | - | - | - | - |
| - | (i) Taxation matters | 0 | 0 | 0 | 0 |
| - | (ii) Insurance matters | - | - | - | - |
| - | (iii) Management services; and | - | - | - | - |
| - | (c)-----------in any other capacity | 52 | 405 | 504 | 1 416 |
| 10 | Advertisement and publicity | 9 111 | 11 525 | 3 125 | 4 019 |
| 11 | Interest & Bank Charges | 3 445 | 6 130 | 1 979 | 5 271 |
| 12 | Others | 30 091 | 58 256 | 8 862 | 33 614 |
| 13 | Depreciation | 9 057 | 16 673 | 6 841 | 13 465 |
| - | TOTAL | 221 930 | 420 933 | 190 534 | 389 548 |
| - | - | - | - | - | |