FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE
Name of the Insurer:..GENERAL INSURANCE CORPORATION OF INDIA
ADVANCES AND OTHER ASSETS
. . . (Rs '000)
. Particulars THREE MONTH
ENDING 30.06.2012
THREE MONTH
ENDING 30.06.2011
. ADVANCES . .
1 Reserve deposits with ceding companies 16191 555 12155 341
2 Application money for investments  0  0
3 Prepayments 4 939  500
4 Advances to..Directors/Officers 3 343 2 312
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 9012 839  0
6 Others 15 789 36 849
7 Deferred Commission 359 988 271 099
. TOTAL (A) 25588 453 12466 101
. OTHER ASSETS . .
1 Income accrued on investments 4937 257 4221 767
2 Outstanding Premiums . .
3 Agents’ Balances . .
4 Foreign Agencies Balances . .
5 Due from other entities carrying on insurance business .(including reinsurers) 38117 668 27134 612
6 Due from subsidiaries/ holding . .
7 Deposit U/S-7 of Insurance Act 300 969 303 029
8 Sundry Debtors 27 963 124 565
9 Sundry Deposits 237 657 237 570
10 LPA Assets  0  0
11 MAT Credit 555 900 771 571
12 Terrorism Pool Assets 29055 306 22818 988
. TOTAL (B) 73232 720 55612 102
. TOTAL (A+B) 98821 173 68078 203
Notes: . . .
(a)........The items under the above heads shall not be shown net of provisions for doubtful amounts. The amount of provision against each head should be shown separately.
(b)........The term ‘officer’ should conform to the definition of that term as..given under the Companies Act, 1956.
(c)........Sundry Debtors will be shown under item 9(others) . .