FORM NL-7-OPERATING EXPENSES SCHEDULE
Name of the Insurer:..GENERAL INSURANCE CORPORATION OF INDIA... . . .
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS . . . (Rs'000)
. PARTICUALRS FOR THE QUARTER NINE MONTH ENDING 31.12.2012 FOR THE QUARTER OF THE PRECEDING YEAR NINE MONTH ENDING 31.12.2011
1 Employees’ remuneration & welfare benefits 94 184 383 063 129 975 363 311
2 Travel, conveyance and vehicle running expenses 13 625 31 458 9 384 17 718
3 Training expenses 1 885 4 751 1 028 1 825
4 Rents, rates & taxes 4 620 13 995 11 308 20 755
5 Repairs 74 361 171 618 34 416 95 097
6 Printing & stationery  758 2 392  893 2 132
7 Communication 2 000 7 098 1 342 6 817
8 Legal & professional charges 14 480 28 490 6 569 14 543
9 Auditors' fees, expenses etc  0  0  
. (a) as auditor  1  808  385 1 045
. (b) as adviser or in any other capacity, in respect of      
. (i) Taxation matters  0  0  188  188
. (ii) Insurance matters      
. (iii) Management services; and      
. (c)...in any other capacity  78  205  133  537
10 Advertisement and publicity 6 226 11 394 19 397 30 922
11 Interest & Bank Charges 1 896 9 879 3 055 9 185
12 Others  88 982 148 219 63 235 121 491
13 Depreciation 13 523 36 897 13 032 29 705
. TOTAL 316 619 850 267 294 340 715 271
Note: Items of expenses and income in excess of one percent of the total premiums (less reinsurance) or Rs.5,00,000 whichever is higher, shall be shown as a separate line item.