| FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE | |||
|---|---|---|---|
| ADVANCES AND OTHER ASSETS | |||
| Particulars | As at 30.06.2010 | As at 30.06.2009 for the corresponding previous year | |
| (Rs.000) | (Rs.000) | ||
| ADVANCES | |||
| 1 | Reserve deposits with ceding companies | 9953 138 | 13894 677 |
| 2 | Application money for investments | 0 | 200 840 |
| 3 | Prepayments | 6 267 | 3 822 |
| 4 | Advances to Directors/Officers | 2 128 | 1 408 |
| 5 | Advance tax paid and taxes deducted at source | 23211 305 | 18313 869 |
| Less: Provision for Taxation | 12813 419 | 15029 011 | |
| 6 | Others | 27 114 | 14 952 |
| 7 | Deferred Commission | 195 632 | 139 612 |
| TOTAL (A) | 20582 165 | 17540 169 | |
| OTHER ASSETS | |||
| 1 | Income accrued on investments | 3323 194 | 3278 158 |
| 2 | Due from other entities carrying on insurance business (including reinsurers) | 22989 317 | 18726 332 |
| 3 | Deposit U/S-7 of Insurance Act | 305 597 | 307 652 |
| 4 | Sundry Debtors | 14 635 | 28 999 |
| 5 | Sundry Deposits | 236 770 | 101 998 |
| 6 | Terrorism Pool Assets | 18391 729 | 15214 880 |
| TOTAL (B) | 45261 242 | 37658 019 | |
| TOTAL (A+B) | 65843 407 | 55198 188 | |