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 30.09.2017 As at 30.09.2016
  ADVANCES    
1 Reserve deposits with ceding companies 47511 800 31732 194
2 Application money for investments  0  0
3 Prepayments 56 892 15 696
4 Advances to  Directors/Officers 8 844 8 919
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 3310 867 2668 192
6 Others 188 933 676 919
7 Deferred Commission  0 405 304
  TOTAL (A) 51077 336 35507 224
  OTHER ASSETS    
1 Income accrued on investments 8907 871 8114 361
2 Outstanding Premiums    
3 Agents’ Balances    
4 Foreign Agencies Balances    
5 Due from other entities carrying on insurance business  (including reinsurers) 174173 486 92532 686
6 Due from subsidiaries/ holding    
7 Deposit U/S-7 of Insurance Act  0  0
8 Sundry Debtors 156 244 98 707
9 Sundry Deposits 547 211 364 807
11 MAT Credit 16369 380 15045 407
12 Service Tax Unutilised Credit  0 445 977
13 Terrorism Pool Assets  0  0
  TOTAL (B) 200154 192 116601 945
  TOTAL (A+B) 251231 528 152109 169
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)