FORM NL-7-OPERATING EXPENSES SCHEDULE
Name of the Insurer:..GENERAL INSURANCE CORPORATION OF INDIA... . . .
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS . . . (Rs'000)
Sr. No.
PARTICUALRS For the quarter ending 31.03.2015 Up to the quarter ending 31.03.2015 For the corresponding quarter of the preceeding year Up to the Quarter of the prceeding year
1 Employees’ remuneration & welfare benefits 260438 686241 197677 774084
2 Travel, conveyance and vehicle running expenses 11445 69198 19243 68385
3 Training expenses 3821 9879 36961 41090
4 Rents, rates & taxes 7976 39683 13527 32332
5 Repairs 33996 288494 75802 347120
6 Printing & stationery 1606 4406 1403 4421
7 Communication 3479 11660 4837 12724
8 Legal & professional charges 18199 134334 61052 105703
9 Auditors' fees, expenses etc 0 0
(a) as auditor 5533 7081 3791 5002
(b) as adviser or in any other capacity, in respect of
(i) Taxation matters 300 300 250 250
(ii) Insurance matters
(iii) Management services; and
(c)   in any other capacity 0 5 0 82
10 Advertisement and publicity 14426 48847 8221 55826
11 Interest & Bank Charges 1897 7890 -31859 9049
12 Others  47942 188744 82993 245859
13 Depreciation 21666 92463 20454 71577
14 Service Tax A/C 2899 5131 9382 9382
TOTAL 435623 1594356 503734 1782886
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.