FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE  -
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA
ADVANCES AND OTHER ASSETS - -
- - - -
- Particulars As at 30.06.2011 As at 30.06.2010 for the corresponding previous quarter
- - (Rs '000) (Rs '000)
  ADVANCES - -
1 Reserve deposits with ceding companies 12155 340 9953 138
2 Application money for investments  0  0
3 Prepayments  500 6 267
4 Advances to  Directors/Officers 2 312 2 128
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 6987 669 10397 886
6 Others 36 849 27 114
7 Deferred Commission 271 099 195 632
- TOTAL (A) 19453 769 20582 165
- - - -
- OTHER ASSETS - -
1 Income accrued on investments 4221 767 3323 194
2 Due from other entities carrying on insurance business  (including reinsurers) 27134 612 22989 317
3 Deposit U/S-7 of Insurance Act 303 029 305 597
4 Sundry Debtors 124 565 14 635
5 Sundry Deposits 237 570 236 770
6 MAT Credit 771 571  0
7 Terrorism Pool Assets 22818 988 18391 729
- - - -
  TOTAL (B) 55612 102 45261 242
  TOTAL (A+B) 75065 871 65843 407