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 TWELVE MONTH ENDING 31.03.2014 FOR THE QUARTER OF THE PRECEDING YEAR TWELVE MONTH ENDING31.03.2013
1 Employees’ remuneration & welfare benefits 197 677 774 084 97 407 480 499
2 Travel, conveyance and vehicle running expenses 19 243 68 385 11 454 42 914
3 Training expenses 36 961 41 090 863 5 614
4 Rents, rates & taxes 13 527 32 332 7 644 21 645
5 Repairs 75 802 347 120 57 416 229 156
6 Printing & stationery 1 403 4 421 1 218 3 610
7 Communication 4 838 12 724 4 733 11 831
8 Legal & professional charges 61 052 105 703 13 281 41 782
9 Auditors' fees, expenses etc 0
0

(a) as auditor 3 791 5 002 7 053 7 861

(b) as adviser or in any other capacity, in respect of
0
0

(i) Taxation matters 250 250 250 250

(ii) Insurance matters
0
0

(iii) Management services; and
0
0

(c)   in any other capacity 0 82 31 236
10 Advertisement and publicity 8 221 55 826 15 041 26 435
11 Interest & Bank Charges -31 859 9 049 6 946 16 828
12 Others 82 993 245 859 28 006 176 347
13 Depreciation 20 454 71 577 19 527 56 424
14 Service Tax A/c
9 382


TOTAL 494 353 1782 886 270 870 1121 432
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.