FORM NL-7-OPERATING EXPENSES SCHEDULE
Name of the Insurer : GENERAL INSURANCE CORPORATION OF INDIA
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS
  Particulars FOR THE QUARTER FOR THE IIIrd QTR 31.12.2010 FOR THE QUARTER OF THE PRECEDING YEAR FOR THE PREVIOUS IIIrd QTR 31.12.2009
    (Rs000) (Rs000) (Rs000) (Rs000)
1 Employees’ remuneration & welfare benefits 81 072 311 012 65 005 210 643
2 Travel, conveyance and vehicle running expenses 9 065 16 793 4 089 12 125
3 Training expenses  996 2 401  290 2 296
4 Rents, rates & taxes 5 616 14 930 5 564 19 999
5 Repairs 29 109 98 854 33 449 81 489
6 Printing & stationery  778 2 117 1 228 2 884
7 Communication 3 223 7 753 1 882 5 441
8 Legal & professional charges 5 487 12 414 9 620 17 627
9 Auditors' fees, expenses etc - - - -
- (a) as auditor  525 1 360  675  675
- (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  61 1 477  150 1 330
10 Advertisement and publicity 13 363 17 382 3 860 14 495
11 Interest & Bank Charges 1 597 6 868 1 481 6 377
12 Others  30 338 63 952 5 138 25 913
13 Depreciation 8 533 21 998 8 553 24 597
- TOTAL 189 763 579 311 140 984 425 891