FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE 
ADVANCES AND OTHER ASSETS
  Particulars As at 30.06.2010 As at 30.06.2009 for the corresponding previous year
    (Rs.000) (Rs.000)
  ADVANCES    
1 Reserve deposits with ceding companies 9953 138 13894 677
2 Application money for investments  0 200 840
3 Prepayments 6 267 3 822
4 Advances to  Directors/Officers 2 128 1 408
5 Advance tax paid and taxes deducted at source  23211 305 18313 869
  Less: Provision for Taxation 12813 419 15029 011
6 Others  27 114 14 952
7 Deferred Commission 195 632 139 612
  TOTAL (A) 20582 165 17540 169
       
  OTHER ASSETS    
1 Income accrued on investments 3323 194 3278 158
2 Due from other entities carrying on insurance business  (including reinsurers) 22989 317 18726 332
3 Deposit U/S-7 of Insurance Act 305 597 307 652
4 Sundry Debtors 14 635 28 999
5 Sundry Deposits 236 770 101 998
6 Terrorism Pool Assets 18391 729 15214 880
  TOTAL (B) 45261 242 37658 019
  TOTAL (A+B) 65843 407 55198 188