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