| FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE | |||
|---|---|---|---|
| ADVANCES AND OTHER ASSETS | |||
| Particulars | As at 30.09.2010 | As at 30.09.2009 for the corresponding previous year | |
| (Rs.000) | (Rs.000) | ||
| ADVANCES | |||
| 1 | Reserve deposits with ceding companies | 10840693 | 14775509 |
| 2 | Application money for investments | 0 | 100000 |
| 3 | Prepayments | 2865 | 2262 |
| 4 | Advances to Directors/Officers | 1751 | 1592 |
| 5 | Advance tax paid and taxes deducted at source (Net of provision for taxation) | 10012 466 | 3274719 |
| 6 | Others | 201256 | 15949 |
| 7 | Deferred Commission | 149432 | 118714 |
| TOTAL (A) | 21208463 | 18288745 | |
| OTHER ASSETS | |||
| 1 | Income accrued on investments | 3536058 | 3367466 |
| 2 | Outstanding Premiums | ||
| 3 | Agents’ Balances | ||
| 4 | Foreign Agencies Balances | ||
| 5 | Due from other entities carrying on insurance business (including reinsurers) | 23785646 | 17766988 |
| 6 | Due from subsidiaries/ holding | ||
| 7 | Deposit U/S-7 of Insurance Act | 304565 | 307652 |
| 8 | Sundry Debtors | 112106 | 102443 |
| 9 | Sundry Deposits | 236659 | 101950 |
| 10 | Terrorism Pool Assets | 19811 953 | 16367002 |
| TOTAL (B) | 47786987 | 38013501 | |
| TOTAL (A+B) | 68995450 | 56302246 | |
| * (Includes Rs.869,717,120/- for provision for Bad and doubtful debts) | |||