| 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 | THREE MONTH ENDING 30.06.2013 | FOR THE QUARTER OF THE PRECEDING YEAR | THREE MONTH ENDING 30.06.2012 | |
| 1 | Employees’ remuneration & welfare benefits | 0 | 172 141 | 0 | 149 522 |
| 2 | Travel, conveyance and vehicle running expenses | 0 | 12 165 | 0 | 8 832 |
| 3 | Training expenses | 0 | 1 125 | 0 | 2 210 |
| 4 | Rents, rates & taxes | 0 | 6 659 | 0 | 4 842 |
| 5 | Repairs | 0 | 98 526 | 0 | 57 787 |
| 6 | Printing & stationery | 0 | 834 | 0 | 870 |
| 7 | Communication | 0 | 2 292 | 0 | 2 123 |
| 8 | Legal & professional charges | 0 | 7 550 | 0 | 6 253 |
| 9 | Auditors' fees, expenses etc | 0 | 0 | ||
| (a) as auditor | 0 | 607 | 0 | 326 | |
| (b) as adviser or in any other capacity, in respect of | 0 | 0 | |||
| (i) Taxation matters | 0 | 0 | 0 | 0 | |
| (ii) Insurance matters | 0 | 0 | |||
| (iii) Management services; and | 0 | 0 | |||
| (c) in any other capacity | 0 | 53 | 0 | 105 | |
| 10 | Advertisement and publicity | 0 | 8 347 | 0 | 3 879 |
| 11 | Interest & Bank Charges | 0 | 23 171 | 0 | 5 305 |
| 12 | Others | 0 | 34 676 | 0 | 34 821 |
| 13 | Depreciation | 0 | 15 794 | 0 | 11 352 |
| TOTAL | 0 | 383 940 | 0 | 288 227 | |
| 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. | |||||