FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE 
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
ADVANCES AND OTHER ASSETS
(` '000)
  Particulars As at 30.06.2017 As at 30.06.2016
  ADVANCES    
1 Reserve deposits with ceding companies 40804 469 30481 486
2 Application money for investments 200 000  0
3 Prepayments 63 695 21 492
4 Advances to  Directors/Officers 6 186 5 759
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 2122 759 1592 284
6 Others 177 572 313 252
7 Deferred Commission  0 507 410
  TOTAL (A) 43374 681 32921 683
  OTHER ASSETS    
1 Income accrued on investments 8519 169 8067 543
2 Outstanding Premiums    
3 Agents’ Balances    
4 Foreign Agencies Balances    
5 Due from other entities carrying on insurance business  (including reinsurers) 162906 159 47468 990
6 Due from subsidiaries/ holding    
7 Deposit U/S-7 of Insurance Act  0  0
8 Sundry Debtors 1 113 309 379
9 Sundry Deposits 547 100 360 538
11 MAT Credit 17117 738 15045 407
12 Service Tax Unutilised Credit 420 459 428 530
13 Terrorism Pool Assets  0  0
  TOTAL (B) 189511 738 71680 387
  TOTAL (A+B) 232886 419 104602 070
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)