FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA
ADVANCES AND OTHER ASSETS
			(` '000)
	Particulars	Six MONTH ENDING 30.09.2013	Six MONTH ENDING 30.06.2012
	ADVANCES
1	Reserve deposits with ceding companies	20380 896	17596 896
2	Application money for investments	282 548	0
3	Prepayments	3 313	2 792
4	Advances to  Directors/Officers	5 526	3 785
5	Advance tax paid and taxes deducted at source (Net of provision for taxation)	6930 325	8281 211
6	Others	185 451	17 465
7	Deferred Commission	325 983	255 331
	TOTAL (A)	28114 042	26157 480
	OTHER ASSETS
1	Income accrued on investments	6968 681	5199 905
2	Outstanding Premiums
3	Agents’ Balances
4	Foreign Agencies Balances
5	Due from other entities carrying on insurance business  (including reinsurers)	36976 138	41480 187
6	Due from subsidiaries/ holding
7	Deposit U/S-7 of Insurance Act	298 395	300 451
8	Sundry Debtors	111 795	166 354
9	Sundry Deposits	271 359	251 080
10	LPA Assets	0	0
11	MAT Credit	5499 469	1868 600
12	Terrorism Pool Assets	37575 719	31048 773
	TOTAL (B)	87701 556	80315 350
	TOTAL (A+B)	115815 598	106472 830
Notes:
(a)        The items under the above heads shall not be shown net of provisions for doubtful amounts. The amount of provision against each head should be shown separately.
(b)        The term ‘officer’ should conform to the definition of that term as  given under the Companies Act, 1956.
(c)        Sundry Debtors will be shown under item 9(others)