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 ending 30.06.2014	Up to the quarter ending 30.06.2014	For the corresponding quarter of the preceeding year	Up to the Quarter of the prceeding year
1	Employees’ remuneration & welfare benefits	125807	125807	172141	172141
2	Travel, conveyance and vehicle running expenses	21768	21768	12165	12165
3	Training expenses	1380	1380	1125	1125
4	Rents, rates & taxes	13359	13359	6659	6659
5	Repairs	47704	47704	98526	98526
6	Printing & stationery	699	699	834	834
7	Communication	2443	2443	2293	2293
8	Legal & professional charges	74039	74039	7550	7550
9	Auditors' fees, expenses etc	0		0
	(a) as auditor	870	870	607	607
	(b) as adviser or in any other capacity, in respect of
	(i) Taxation matters	0	0	0	0
	(ii) Insurance matters
	(iii) Management services; and
	(c)   in any other capacity	0	0	53	53
10	Advertisement and publicity	2896	2896	8347	8347
11	Interest & Bank Charges	1854	1854	23171	23171
12	Others	49479	49479	34676	34676
13	Depreciation	24679	24679	15794	15794
	TOTAL	366977	366977	383941	383941
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.