FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
ADVANCES AND OTHER ASSETS



(` '000)

Particulars Six MONTH ENDING 30.09.2013 Six MONTH ENDING 30.06.2012

ADVANCES

1 Reserve deposits with ceding companies 20380 896 17596 896
2 Application money for investments 282 548 0
3 Prepayments 3 313 2 792
4 Advances to  Directors/Officers 5 526 3 785
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 6930 325 8281 211
6 Others 185 451 17 465
7 Deferred Commission 325 983 255 331

TOTAL (A) 28114 042 26157 480

OTHER ASSETS

1 Income accrued on investments 6968 681 5199 905
2 Outstanding Premiums

3 Agents’ Balances

4 Foreign Agencies Balances

5 Due from other entities carrying on insurance business  (including reinsurers) 36976 138 41480 187
6 Due from subsidiaries/ holding

7 Deposit U/S-7 of Insurance Act 298 395 300 451
8 Sundry Debtors 111 795 166 354
9 Sundry Deposits 271 359 251 080
10 LPA Assets 0 0
11 MAT Credit 5499 469 1868 600
12 Terrorism Pool Assets 37575 719 31048 773

TOTAL (B) 87701 556 80315 350

TOTAL (A+B) 115815 598 106472 830
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)