| FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE | - | ||
|---|---|---|---|
| Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA | |||
| ADVANCES AND OTHER ASSETS | - | - | |
| - | - | - | - |
| - | Particulars | TWELVE MONTH ENDING 31.03.2012 | TWELVE MONTH ENDING 31.03.2011 |
| - | - | (Rs. '000) | (Rs. '000) |
| - | ADVANCES | - | - |
| 1 | Reserve deposits with ceding companies | 14116 973 | 11527 470 |
| 2 | Application money for investments | 0 | 0 |
| 3 | Prepayments | 49 067 | 42 709 |
| 4 | Advances to--Directors/Officers | 3 097 | 1 545 |
| 5 | Advance tax paid and taxes deducted at source (Net of provision for taxation) | 9275 597 | 14172 919 |
| 6 | Others | 18 781 | 36 508 |
| 7 | Deferred Commission | 400 651 | 326 790 |
| - | TOTAL (A) | 23864 166 | 26107 941 |
| - | - | - | - |
| - | OTHER ASSETS | - | - |
| 1 | Income accrued on investments | 5257 383 | 3907 102 |
| 2 | Outstanding Premiums | - | - |
| 3 | Agents’ Balances | - | - |
| 4 | Foreign Agencies Balances | - | - |
| 5 | Due from other entities carrying on insurance business -(including reinsurers) | 36115 081 | 23162 745 |
| - | - | - | - |
| 6 | Due from subsidiaries/ holding | - | - |
| - | - | - | - |
| 7 | Deposit U/S-7 of Insurance Act | 301 481 | 303 541 |
| 8 | Sundry Debtors | 140 138 | 309 848 |
| 9 | Sundry Deposits | 237 527 | 238 219 |
| 10 | MAT Credit | 0 | 771 571 |
| 11 | Terrorism Pool Assets | 27252 326 | 21575 791 |
| - | - | - | - |
| - | TOTAL (B) | 69303 936 | 50268 817 |
| - | TOTAL (A+B) | 93168 102 | 76376 758 |