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 30.06.2018 As at 30.06.2017
  ADVANCES    
1 Reserve deposits with ceding companies 64536 541 40804 469
2 Application money for investments  0 200 000
3 Prepayments 55 216 63 695
4 Advances to  Directors/Officers 5 823 6 186
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 647 786 2122 759
6 Others 106 387 177 572
7 Deferred Commission  0  0
  TOTAL (A) 65351 753 43374 681
  OTHER ASSETS    
1 Income accrued on investments 10091 987 8519 169
2 Outstanding Premiums    
3 Agents’ Balances    
4 Foreign Agencies Balances    
5 Due from other entities carrying on insurance business  (including reinsurers) 227898 498 162906 159
6 Due from subsidiaries/ holding    
7 Deposit U/S-7 of Insurance Act  0  0
8 Sundry Debtors 876 851 1 113
9 Sundry Deposits 8987 183 547 100
10 LPA Assets  0  0
11 MAT Credit 18864 155 17117 738  
12 Service Tax Unutilised Credit  0 420 459  
13 Terrorism Pool Assets  0  0
14 GST Asset 1910 176  0
  TOTAL (B) 268628 850 189511 738
  TOTAL (A+B) 333980 603 232886 419
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)