FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
ADVANCES AND OTHER ASSETS
(Rs.. '000)
  Particulars As at 30.09.2016 As at 30.09.2015
  ADVANCES    
1 Reserve deposits with ceding companies 31732 194 28034 432
2 Application money for investments  0  0
3 Prepayments 15 696 11 752
4 Advances to  Directors/Officers 8 919 7 660
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 2668 192  0
6 Others 676 919 980 953
7 Deferred Commission 405 304 362 245
  TOTAL (A) 35507 224 29397 042
  OTHER ASSETS    
1 Income accrued on investments 8114 361 7331 514
2 Outstanding Premiums    
3 Agents’ Balances    
4 Foreign Agencies Balances    
5 Due from other entities carrying on insurance business  (including reinsurers) 92532 686 44322 143
6 Due from subsidiaries/ holding    
7 Deposit U/S-7 of Insurance Act  0 294 284
8 Sundry Debtors 98 707 127 216
9 Sundry Deposits 364 807 359 817
10 LPA Assets  0  0
11 MAT Credit 15045 407 10954 816
12 Service Tax Unutilised Credit 445 977 530 842
13 Terrorism Pool Assets  0  0
  TOTAL (B) 116601 945 63920 632
  TOTAL (A+B) 152109 169 93317 674
   
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, 2013.
(c)        Sundry Debtors will be shown under item 9(others)