FORM NL-7-OPERATING EXPENSES SCHEDULE
Name of the Insurer:..GENERAL INSURANCE CORPORATION OF INDIA...			.	.	.
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS		.	.	.	(Rs'000)
.	PARTICUALRS	FOR THE QUARTER	TWELVE MONTH ENDING 31.03.2014	FOR THE QUARTER OF THE PRECEDING YEAR	TWELVE MONTH ENDING31.03.2013
1	Employees’ remuneration & welfare benefits	197 677	774 084	97 407	480 499
2	Travel, conveyance and vehicle running expenses	19 243	68 385	11 454	42 914
3	Training expenses	36 961	41 090	863	5 614
4	Rents, rates & taxes	13 527	32 332	7 644	21 645
5	Repairs	75 802	347 120	57 416	229 156
6	Printing & stationery	1 403	4 421	1 218	3 610
7	Communication	4 838	12 724	4 733	11 831
8	Legal & professional charges	61 052	105 703	13 281	41 782
9	Auditors' fees, expenses etc	0		0
	(a) as auditor	3 791	5 002	7 053	7 861
	(b) as adviser or in any other capacity, in respect of		0		0
	(i) Taxation matters	250	250	250	250
	(ii) Insurance matters		0		0
	(iii) Management services; and		0		0
	(c)   in any other capacity	0	82	31	236
10	Advertisement and publicity	8 221	55 826	15 041	26 435
11	Interest & Bank Charges	-31 859	9 049	6 946	16 828
12	Others	82 993	245 859	28 006	176 347
13	Depreciation	20 454	71 577	19 527	56 424
14	Service Tax A/c		9 382
	TOTAL	494 353	1782 886	270 870	1121 432
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.