FORM NL-7-OPERATING EXPENSES SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS


(` '000)

PARTICUALRS FOR THE QUARTER TWELVE MONTH ENDING 31.03.2013 FOR THE QUARTER OF THE PRECEDING YEAR TWELVE MONTH ENDING 31.03.2012
1 Employees’ remuneration & welfare benefits 97 407 480 499 149 554 512 865
2 Travel, conveyance and vehicle running expenses 11 454 42 914 7 192 24 910
3 Training expenses 863 5 614 5 466 7 291
4 Rents, rates & taxes 7 644 21 645 4 679 25 434
5 Repairs 57 416 229 156 43 242 138 339
6 Printing & stationery 1 218 3 610 1 021 3 153
7 Communication 4 733 11 831 4 387 11 204
8 Legal & professional charges 13 281 41 782 30 259 44 802
9 Auditors' fees, expenses etc 0
0

(a) as auditor 7 053 7 861 4 970 6 015

(b) as adviser or in any other capacity, in respect of




(i) Taxation matters 250 250 62 250

(ii) Insurance matters




(iii) Management services; and




(c)   in any other capacity 31 236 87 624
10 Advertisement and publicity 15 041 26 435 12 610 43 532
11 Interest & Bank Charges 6 946 16 828 23 212 32 397
12 Others 28 006 176 347 14 263 135 754
13 Depreciation 19 527 56 424 14 233 43 938

TOTAL 270 870 1121 432 315 237 1030 508
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.