FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE -
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA   
ADVANCES AND OTHER ASSETS - -
- Particulars As at 31.03.2011 As at 31.03.2010 for the
corresponding previous year
- - (Rs '000) (Rs '000)
- ADVANCES - -
1 Reserve deposits with ceding companies 11527 470 16476 166
2 Application money for investments  0  0
3 Prepayments 42 709 42 914
4 Advances to  Directors/Officers 1 545 1 866
5 Advance tax paid and taxes deducted at source (Net of provision for taxation) 14172 919 11121 246
6 Others 36 508 11 692
7 Deferred Commission 326 790 231 681
- TOTAL (A) 26107 941 27885 565
  OTHER ASSETS    
1 Income accrued on investments 3907 102 3233 690
2 Outstanding Premiums - -
3 Agents’ Balances - -
4 Foreign Agencies Balances - -
5 Due from other entities carrying on insurance business  (including reinsurers) 23162 745 17717 354
6 Due from subsidiaries/ holding - -
7 Deposit U/S-7 of Insurance Act 303 541 305 597
8 Sundry Debtors 309 848 97 869
9 Sundry Deposits 238 219 102 107
10 MAT Credit 771 571  0
11 Terrorism Pool Assets 21575 791 17457 208
- TOTAL (B) 50268 817 38913 825
- TOTAL (A+B) 76376 758 66799 390
* (Includes Rs  1,094,719,030/-(P.Y. Rs  738,450,905/-) for provision for Bad and doubtful debts)