FORM NL-7-OPERATING EXPENSES SCHEDULE
Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS
	PARTICUALRS	TWELVE MONTH ENDING 31.03.2012	TWELVE MONTH ENDING 31.03.2011
		(Rs. '000)	(Rs. '000)
1	Employees’ remuneration & welfare benefits	512 865	385 280
2	Travel, conveyance and vehicle running expenses	24 910	23 163
3	Training expenses	7 291	3 884
4	Rents, rates & taxes	25 434	20 417
5	Repairs	138 339	134 929
6	Printing & stationery	3 153	3 212
7	Communication	11 204	10 988
8	Legal & professional charges	44 802	28 407
9	Auditors' fees, expenses etc
-	(a) as auditor	6 015	5 729
-	(b) as adviser or in any other capacity, in respect of
-	(i) Taxation matters	250	200
-	(ii) Insurance matters
-	(iii) Management services; and
-	(c)           in any other capacity	624	1 560
10	Advertisement and publicity	43 532	24 767
11	Interest & Bank Charges	32 397	11 688
12	Others	135 754	74 917
13	Depreciation	43 938	31 138
-	TOTAL	1030 508	760 279