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 Nine Months ending 31.12.2017 |
Up to the Nine Months ending 31.12.2017 |
For the corresponding Three months of the preceeding year |
Up to the corresponding three months of the prceeding year |
1 |
Employees’ remuneration & welfare benefits |
185 845 |
697 145 |
278 743 |
751 820 |
2 |
Travel, conveyance and vehicle running expenses |
22 896 |
66 580 |
23 939 |
67 219 |
3 |
Training expenses |
3 207 |
11 362 |
4 169 |
16 559 |
4 |
Rents, rates & taxes |
13 829 |
43 328 |
14 535 |
52 064 |
5 |
Repairs |
40 757 |
134 570 |
58 197 |
161 391 |
6 |
Printing & stationery |
1 475 |
2 544 |
458 |
1 493 |
7 |
Communication |
3 991 |
12 892 |
3 386 |
10 106 |
8 |
Legal & professional charges |
24 344 |
51 161 |
13 982 |
66 816 |
9 |
Auditors' fees, expenses etc |
0 |
|
0 |
|
|
(a) as auditor |
526 |
4 254 |
971 |
2 107 |
|
(b) as adviser or in any other capacity, in respect of |
|
|
|
|
|
(i) Taxation matters |
0 |
0 |
0 |
0 |
|
(ii) Insurance matters |
|
|
|
|
|
(iii) Management services; and |
|
|
|
|
|
(c) in any other capacity |
0 |
14 |
0 |
0 |
10 |
Advertisement and publicity |
32 625 |
54 457 |
19 739 |
43 327 |
11 |
Interest & Bank Charges |
7 559 |
14 877 |
519 |
9 299 |
12 |
IT Expenses |
29 630 |
100 782 |
17 089 |
96 260 |
13 |
Depreciation |
19 190 |
55 409 |
24 565 |
73 818 |
14 |
Service Tax A/C |
2 329 |
16 975 |
0 |
1 679 |
15 |
Swachh Bharat Cess |
0 |
691 |
543 |
346 747 |
16 |
Others |
125 259 |
270 185 |
86 223 |
186 406 |
|
TOTAL |
513 462 |
1537 226 |
547 058 |
1887 111 |
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. |