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 31.12.2017 As at 31.12.2016
  ADVANCES    
1 Reserve deposits with ceding companies 49960 222 39305 069
2 Application money for investments  0  0
3 Prepayments 33 641 9 071
4 Advances to  Directors/Officers 5 867 6 380
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 2234 073 5206 021
6 Others 73 495 166 276
7 Deferred Commission  0 537 195
  TOTAL (A) 52307 298 45230 012
  OTHER ASSETS    
1 Income accrued on investments 8969 277 7944 863
2 Outstanding Premiums    
3 Agents’ Balances    
4 Foreign Agencies Balances    
5 Due from other entities carrying on insurance business  (including reinsurers) 164393 923 98180 626
6 Due from subsidiaries/ holding    
7 Deposit U/S-7 of Insurance Act  0  0
8 Sundry Debtors 484 622 262 418
9 Sundry Deposits 1331 641 371 604
11 MAT Credit 16369 380 14926 087
12 Service Tax Unutilised Credit  0 445 977
13 Terrorism Pool Assets  0  0
  TOTAL (B) 191548 843 122131 575
  TOTAL (A+B) 243856 141 167361 587
 0  0
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)