| FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE | |||
|---|---|---|---|
| Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA | |||
| ADVANCES AND OTHER ASSETS | |||
| - | Particulars | NINE MONTH ENDING 31.12.2011 | NINE MONTH ENDING 31.12.2010 |
| - | - | (Rs '000) | (Rs '000) |
| - | ADVANCES | - | - |
| 1 | Reserve deposits with ceding companies | 14178 630 | 10647 113 |
| 2 | Application money for investments | 250 000 | 0 |
| 3 | Prepayments | 23 197 | 12 850 |
| 4 | Advances to--Directors/Officers | 2 087 | 1 455 |
| 5 | Advance tax paid and taxes deducted at source (Net of provision for taxation) | 10841 399 | 10641 418 |
| 6 | Others | 18 417 | 204 440 |
| 7 | Deferred Commission | 271 545 | 206 370 |
| - | TOTAL (A) | 25585 275 | 21713 646 |
| - | OTHER ASSETS | - | - |
| 1 | Income accrued on investments | 4860 026 | 3661 337 |
| 2 | Outstanding Premiums | - | - |
| 3 | Agents’ Balances | - | - |
| 4 | Foreign Agencies Balances | - | - |
| 5 | Due from other entities carrying on insurance business -(including reinsurers) | 33541 667 | 21929 297 |
| 6 | Due from subsidiaries/ holding | - | - |
| 7 | Deposit U/S-7 of Insurance Act | 301 993 | 304 048 |
| 8 | Sundry Debtors | 3 093 | 106 808 |
| 9 | Sundry Deposits | 237 567 | 237 355 |
| 10 | MAT Credit | 771 571 | 771 571 |
| 11 | Terrorism Pool Assets | 26008 665 | 20679 664 |
| - | TOTAL (B) | 65724 582 | 47690 080 |
| - | TOTAL (A+B) | 91309 857 | 69403 726 |