| FORM NL-7-OPERATING EXPENSES SCHEDULE | |||||
| Name of the Insurer:--GENERAL INSURANCE CORPORATION OF INDIA | - | - | |||
| OPERATING EXPENSES RELATED TO INSURANCE BUSINESS | - | - | - | ||
| PARTICUALRS | FOR THE QUARTER | TWELVE MONTH ENDING 31.03.2012 | FOR THE QUARTER OF THE PRECEDING YEAR | TWELVE MONTH ENDING 31.03.2011 | |
| - | - | (Rs. '000) | (Rs. '000) | (Rs. '000) | (Rs. '000) |
| 1 | Employees’ remuneration & welfare benefits | 149 554 | 512 865 | 74 268 | 385 280 |
| 2 | Travel, conveyance and vehicle running expenses | 7 191 | 24 910 | 6 370 | 23 163 |
| 3 | Training expenses | 5 466 | 7 291 | 1 483 | 3 884 |
| 4 | Rents, rates & taxes | 4 679 | 25 434 | 5 487 | 20 417 |
| 5 | Repairs | 43 242 | 138 339 | 36 075 | 134 929 |
| 6 | Printing & stationery | 1 021 | 3 153 | 1 095 | 3 212 |
| 7 | Communication | 4 387 | 11 204 | 3 235 | 10 988 |
| 8 | Legal & professional charges | 30 259 | 44 802 | 15 993 | 28 407 |
| 9 | Auditors' fees, expenses etc | - | - | - | - |
| - | (a) as auditor | 4 970 | 6 015 | 4 369 | 5 729 |
| - | (b) as adviser or in any other capacity, in respect of | - | - | - | - |
| - | (i) Taxation matters | 62 | 250 | 200 | 200 |
| - | (ii) Insurance matters | - | - | - | - |
| - | (iii) Management services; and | - | - | - | - |
| - | (c)-----------in any other capacity | 86 | 624 | 83 | 1 560 |
| 10 | Advertisement and publicity | 12 610 | 43 532 | 7 385 | 24 767 |
| 11 | Interest & Bank Charges | 23 212 | 32 397 | 4 820 | 11 688 |
| 12 | Others | 14 263 | 135 754 | 10 965 | 74 917 |
| 13 | Depreciation | 14 233 | 43 938 | 9 140 | 31 138 |
| - | TOTAL | 315 235 | 1030 508 | 180 968 | 760 279 |