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



(` '000)

PARTICULARS TWELVE MONTH ENDING 31.03.2014 TWELVE MONTH ENDING 31.03.2013
1 Employees’ remuneration & welfare benefits 774084 480499
2 Travel, conveyance and vehicle running expenses 68385 42914
3 Training expenses 41090 5614
4 Rents, rates & taxes 32332 21645
5 Repairs 347120 229156
6 Printing & stationery 4421 3610
7 Communication 12724 11831
8 Legal & professional charges 105703 41782
9 Auditors' fees, expenses etc


(a) as auditor 5002 7861

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

(i) Taxation matters 250 250

(ii) Insurance matters 0 0

(iii) Management services; and 0 0

(c)   in any other capacity 82 236
10 Advertisement and publicity 55826 26435
11 Interest & Bank Charges 9049 16828
12 Others 245859 176347
13 Depreciation 71577 56424
14 Service Tax A/c 9382

TOTAL 1782886 1121432
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.