FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE
Name of the Insurer:..GENERAL INSURANCE CORPORATION OF INDIA
ADVANCES AND OTHER ASSETS
. . . (Rs '000)
. Particulars TWELVE MONTH ENDING 31.03.2013 TWELVE MONTH ENDING 31.03.2012
. ADVANCES    
1 Reserve deposits with ceding companies 21428 778 14116 973
2 Application money for investments  0  0
3 Prepayments 62 217 49 067
4 Advances to..Directors/Officers 2 950 3 097
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 9508 436 9275 597
6 Others 62 968 18 781
7 Deferred Commission 427 852 400 651
. TOTAL (A) 31493 201 23864 166
. OTHER ASSETS    
1 Income accrued on investments 6043 149 5257 383
2 Outstanding Premiums    
3 Agents’ Balances    
4 Foreign Agencies Balances    
5 Due from other entities carrying on insurance business .(including reinsurers) 36548 670 36115 081
6 Due from subsidiaries/ holding    
7 Deposit U/S-7 of Insurance Act 299 425 301 481
8 Sundry Debtors 7 625 140 138
9 Sundry Deposits 269 472 237 527
10 LPA Assets  0  0
11 MAT Credit 3666 672  0
12 Terrorism Pool Assets 33719 737 27252 326
. TOTAL (B) 80554 750 69303 936
. TOTAL (A+B) 112047 951 93168 102
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) . .