| FORM NL-7-OPERATING EXPENSES SCHEDULE | |||||
|---|---|---|---|---|---|
| Name of the Insurer : GENERAL INSURANCE CORPORATION OF INDIA | |||||
| OPERATING EXPENSES RELATED TO INSURANCE BUSINESS | |||||
| Particulars | FOR THE QUARTER | FOR THE IIIrd QTR 31.12.2010 | FOR THE QUARTER OF THE PRECEDING YEAR | FOR THE PREVIOUS IIIrd QTR 31.12.2009 | |
| (Rs000) | (Rs000) | (Rs000) | (Rs000) | ||
| 1 | Employees’ remuneration & welfare benefits | 81 072 | 311 012 | 65 005 | 210 643 |
| 2 | Travel, conveyance and vehicle running expenses | 9 065 | 16 793 | 4 089 | 12 125 |
| 3 | Training expenses | 996 | 2 401 | 290 | 2 296 |
| 4 | Rents, rates & taxes | 5 616 | 14 930 | 5 564 | 19 999 |
| 5 | Repairs | 29 109 | 98 854 | 33 449 | 81 489 |
| 6 | Printing & stationery | 778 | 2 117 | 1 228 | 2 884 |
| 7 | Communication | 3 223 | 7 753 | 1 882 | 5 441 |
| 8 | Legal & professional charges | 5 487 | 12 414 | 9 620 | 17 627 |
| 9 | Auditors' fees, expenses etc | - | - | - | - |
| - | (a) as auditor | 525 | 1 360 | 675 | 675 |
| - | (b) as adviser or in any other capacity, in respect of | - | - | - | - |
| - | (i) Taxation matters | 0 | 0 | 0 | 0 |
| - | (ii) Insurance matters | - | - | - | - |
| - | (iii) Management services; and | - | - | - | - |
| - | (c)-----------in any other capacity | 61 | 1 477 | 150 | 1 330 |
| 10 | Advertisement and publicity | 13 363 | 17 382 | 3 860 | 14 495 |
| 11 | Interest & Bank Charges | 1 597 | 6 868 | 1 481 | 6 377 |
| 12 | Others | 30 338 | 63 952 | 5 138 | 25 913 |
| 13 | Depreciation | 8 533 | 21 998 | 8 553 | 24 597 |
| - | TOTAL | 189 763 | 579 311 | 140 984 | 425 891 |