| FORM NL-7-OPERATING EXPENSES SCHEDULE | |||
|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| OPERATING EXPENSES RELATED TO INSURANCE BUSINESS | - | ||
| - | PARTICULARS | FOR THE PERIOD 31.03.2011 | FOR THE PREVIOUS PERIOD 31.03.2010 |
| - | - | (Rs '000) | (Rs '000) |
| 1 | Employees’ remuneration & welfare benefits | 385 280 | 362 105 |
| 2 | Travel, conveyance and vehicle running expenses | 23 163 | 16 002 |
| 3 | Training expenses | 3 884 | 2 523 |
| 4 | Rents, rates & taxes | 20 417 | 24 944 |
| 5 | Repairs | 134 929 | 120 196 |
| 6 | Printing & stationery | 3 212 | 3 617 |
| 7 | Communication | 10 988 | 8 728 |
| 8 | Legal & professional charges | 28 407 | 22 409 |
| 9 | Auditors' fees, expenses etc | ||
| - | (a) as auditor | 5 729 | 4 510 |
| - | (b) as adviser or in any other capacity, in respect of | - | - |
| - | (i) Taxation matters | 200 | 200 |
| -- | (ii) Insurance matters | - | - |
| - | (iii) Management services; and | - | - |
| - | (c) in any other capacity | 1 560 | 1 436 |
| 10 | Advertisement and publicity | 24 767 | 18 818 |
| 11 | Interest & Bank Charges | 11 688 | 9 149 |
| 12 | Others | 74 917 | 63 870 |
| 13 | Depreciation | 31 138 | 33 172 |
| - | TOTAL | 760 279 | 691 679 |