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 30.06.2019 As at 30.06.2018
  ADVANCES    
1 Reserve deposits with ceding companies 79431 434 64536 541
2 Application money for investments 533 434  0
3 Prepayments 108 508 55 216
4 Advances to  Directors/Officers 6 355 5 823
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 5909 455 647 786
6 Others 906 183 106 387
7 Deferred Commission  0  0
  TOTAL (A) 86895 369 65351 753
  OTHER ASSETS    
1 Income accrued on investments 10917 611 10091 987
2 Outstanding Premiums    
3 Agents’ Balances    
4 Foreign Agencies Balances    
2 Due from other entities carrying on insurance business  (including reinsurers) 231169 665 227898 498
  Less:Provision for Doubtful Loans, Investment and Debts 7161 933 6110 671
6 Due from subsidiaries/ holding    
    224007 732 221787 827
3 Deposit U/S-7 of Insurance Act  0  0
4 Sundry Debtors 324 290 876 851
5 Sundry Deposits 11559 642 8987 183
10 LPA Assets  0  0
6 Provision for Gratuity  69  0
7 MAT Credit Entitlement 14442 939 18864 155
8 Service Tax Unutilised Credit  0  0
9 GST Asset 1547 528 1910 176
10 VAT Assets Dubai  0  0
  TOTAL (B) 262799 811 262518 179
  TOTAL (A+B) 349695 180 327869 932
 3 -234009 170
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)