FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE
Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA
ADVANCES AND OTHER ASSETS
- Particulars NINE MONTH ENDING 31.12.2011 NINE MONTH ENDING 31.12.2010
- - (Rs '000) (Rs '000)
- ADVANCES - -
1 Reserve deposits with ceding companies 14178 630 10647 113
2 Application money for investments 250 000  0
3 Prepayments 23 197 12 850
4 Advances to--Directors/Officers 2 087 1 455
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 10841 399 10641 418
6 Others 18 417 204 440
7 Deferred Commission 271 545 206 370
- TOTAL (A) 25585 275 21713 646
- OTHER ASSETS - -
1 Income accrued on investments 4860 026 3661 337
2 Outstanding Premiums - -
3 Agents’ Balances - -
4 Foreign Agencies Balances - -
5 Due from other entities carrying on insurance business -(including reinsurers) 33541 667 21929 297
6 Due from subsidiaries/ holding - -
7 Deposit U/S-7 of Insurance Act 301 993 304 048
8 Sundry Debtors 3 093 106 808
9 Sundry Deposits 237 567 237 355
10 MAT Credit 771 571 771 571
11 Terrorism Pool Assets 26008 665 20679 664
- TOTAL (B) 65724 582 47690 080
- TOTAL (A+B) 91309 857 69403 726