FORM NL-7-OPERATING EXPENSES SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS					(` '000)
	PARTICUALRS	FOR THE QUARTER	TWELVE MONTH ENDING 31.03.2013	FOR THE QUARTER OF THE PRECEDING YEAR	TWELVE MONTH ENDING 31.03.2012
1	Employees’ remuneration & welfare benefits	97 407	480 499	149 554	512 865
2	Travel, conveyance and vehicle running expenses	11 454	42 914	7 192	24 910
3	Training expenses	863	5 614	5 466	7 291
4	Rents, rates & taxes	7 644	21 645	4 679	25 434
5	Repairs	57 416	229 156	43 242	138 339
6	Printing & stationery	1 218	3 610	1 021	3 153
7	Communication	4 733	11 831	4 387	11 204
8	Legal & professional charges	13 281	41 782	30 259	44 802
9	Auditors' fees, expenses etc	0		0
	(a) as auditor	7 053	7 861	4 970	6 015
	(b) as adviser or in any other capacity, in respect of
	(i) Taxation matters	250	250	62	250
	(ii) Insurance matters
	(iii) Management services; and
	(c)   in any other capacity	31	236	87	624
10	Advertisement and publicity	15 041	26 435	12 610	43 532
11	Interest & Bank Charges	6 946	16 828	23 212	32 397
12	Others	28 006	176 347	14 263	135 754
13	Depreciation	19 527	56 424	14 233	43 938
	TOTAL	270 870	1121 432	315 237	1030 508
Note: Items of expenses and income in excess of one percent of the total premiums (less reinsurance) or Rs.5,00,000 whichever is higher, shall be shown as a separate line item.