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  Three Months  ending 31.03.2018 Up to  the  Twelve Months  ending 31.03.2018 For the corresponding Three months  of the preceeding year  Up to the corresponding  twelve months  of the prceeding year
1 Employees’ remuneration & welfare benefits 328 589 1025 734 212 550 964 370
2 Travel, conveyance and vehicle running expenses 12 689 79 269 14 127 81 346
3 Training expenses 1 593 12 955 5 769 22 328
4 Rents, rates & taxes 18 486 61 814 12 751 64 815
5 Repairs 45 156 179 726 46 630 208 021
6 Printing & stationery 1 031 3 575 2 587 4 080
7 Communication 3 402 16 294 5 639 15 745
8 Legal & professional charges 26 282 77 443 20 398 87 214
9 Auditors' fees, expenses etc* 0 0
  (a) as auditor 2 885 7 139 5 022 7 129
  (b) as adviser or in any other capacity, in respect of
  (i) Taxation matters 300 300 300 300
  (ii) Insurance matters
  (iii) Management services; and
  (c)   in any other capacity 0 14 0 0
10 Advertisement and publicity 30 523 84 980 18 115 61 442
11 Interest & Bank Charges 6 742 21 619 5 836 15 135
12 IT Expenses 18 763 119 545 2 430 98 690
13 Depreciation 18 626 74 035 22 987 96 805
14 Service Tax A/C 0 16 975 2 058 3 737
15 Swachh Bharat Cess 0 691 2 652 349 399
16 Others 112 094 382 279 130 308 316 714
  TOTAL 627 161 2164 387 510 159 2397 270
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.
* Auditors fees doesn't include Rs. 8,000 thousand/- paid to auditors for IPO assignment .