| FORM NL-18-PROVISIONS SCHEDULE | |||
|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | |||
| PROVISIONS | |||
| . | . | . | (Rs '000) |
| . | Particulars | THREE MONTH ENDING 30.06.2012 |
THREE MONTH ENDING 30.06.2011 |
| 1 | Reserve for Unexpired Risk | 73551 948 | 59722 714 |
| 2 | Reserve for Premium Deficiency | 0 | 0 |
| 3 | For Fringe Benefit Tax | 0 | 0 |
| 4 | For MAT Tax | 0 | 0 |
| 5 | For proposed dividends | 0 | 2064 000 |
| 6 | For dividend distribution tax | 0 | 342 805 |
| 7 | For Doubtful Loans, Investment and Debts | 3990 653 | 2533 082 |
| 8 | For Leave Encashment | 159 801 | 83 812 |
| 9 | Provision for Pension | 35 000 | 124 945 |
| 10 | Provision for Gratuity | 12 000 | 58 888 |
| 11 | Provision for Settlement | 7 128 | 6 850 |
| 12 | For Salary Arrears | 0 | 0 |
| 13 | For PLLI Arrears | 0 | 12 500 |
| TOTAL | 77756 530 | 64949 596 | |