| FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE | - | ||
|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| ADVANCES AND OTHER ASSETS | - | - | |
| - | - | - | - |
| - | Particulars | As at 30.06.2011 | As at 30.06.2010 for the corresponding previous quarter |
| - | - | (Rs '000) | (Rs '000) |
| ADVANCES | - | - | |
| 1 | Reserve deposits with ceding companies | 12155 340 | 9953 138 |
| 2 | Application money for investments | 0 | 0 |
| 3 | Prepayments | 500 | 6 267 |
| 4 | Advances to Directors/Officers | 2 312 | 2 128 |
| 5 | Advance tax paid and taxes deducted at source (Net of provision for taxation) | 6987 669 | 10397 886 |
| 6 | Others | 36 849 | 27 114 |
| 7 | Deferred Commission | 271 099 | 195 632 |
| - | TOTAL (A) | 19453 769 | 20582 165 |
| - | - | - | - |
| - | OTHER ASSETS | - | - |
| 1 | Income accrued on investments | 4221 767 | 3323 194 |
| 2 | Due from other entities carrying on insurance business (including reinsurers) | 27134 612 | 22989 317 |
| 3 | Deposit U/S-7 of Insurance Act | 303 029 | 305 597 |
| 4 | Sundry Debtors | 124 565 | 14 635 |
| 5 | Sundry Deposits | 237 570 | 236 770 |
| 6 | MAT Credit | 771 571 | 0 |
| 7 | Terrorism Pool Assets | 22818 988 | 18391 729 |
| - | - | - | - |
| TOTAL (B) | 55612 102 | 45261 242 | |
| TOTAL (A+B) | 75065 871 | 65843 407 | |