FORM NL-7-OPERATING EXPENSES SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS (` '000)
  PARTICUALRS For the quarter ending 31.03.2016 Up to  the quarter ending 31.03.2016 For the corresponding quarter of the preceeding year  Up to the Quarter of the prceeding year
1 Employees’ remuneration & welfare benefits 180 094 859 963 260 438 686 241
2 Travel, conveyance and vehicle running expenses 22 462 89 762 11 445 69 198
3 Training expenses 6 932 23 425 3 821 9 879
4 Rents, rates & taxes 8 613 60 272 7 976 39 683
5 Repairs -24 113 212 637 -43 174 211 324
6 Printing & stationery - 378 2 735 - 157 2 643
7 Communication 3 897 12 338 3 479 11 660
8 Legal & professional charges 16 356 50 940 18 199 134 334
9 Auditors' fees, expenses etc  0  0  
  (a) as auditor 6 464 8 239 5 533 7 081
  (b) as adviser or in any other capacity, in respect of      
  (i) Taxation matters  300  300  300  300
  (ii) Insurance matters      
  (iii) Management services; and      
  (c)   in any other capacity  2  2  0  5
10 Advertisement and publicity 21 888 54 412 14 426 48 847
11 Interest & Bank Charges 5 129 11 734 1 897 7 890
12 Others  35 809 198 600 31 670 172 472
13 Depreciation 27 583 95 789 21 666 92 463
14 Service Tax A/C 2 266 4 557 2 899 5 131
15 IT Expenses   121 269   95 205
  TOTAL 313 304 1806 974 340 418 1594 356
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.