| FORM NL-7-OPERATING EXPENSES SCHEDULE |
| Name of the Insurer:..GENERAL INSURANCE CORPORATION OF INDIA... |
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| OPERATING EXPENSES RELATED TO INSURANCE BUSINESS |
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(Rs'000) |
Sr. No.
|
PARTICUALRS |
For the quarter ending 31.12.2014 |
Up to the quarter ending 31.12.2014 |
For the corresponding quarter of the preceeding year |
Up to the Quarter of the prceeding year |
| 1 |
Employees’ remuneration & welfare benefits |
132298 |
425803 |
237760 |
576407 |
| 2 |
Travel, conveyance and vehicle running expenses |
22627 |
57753 |
25149 |
49142 |
| 3 |
Training expenses |
2454 |
6058 |
1429 |
4129 |
| 4 |
Rents, rates & taxes |
7096 |
31707 |
5803 |
18805 |
| 5 |
Repairs |
106219 |
254498 |
99566 |
271318 |
| 6 |
Printing & stationery |
1150 |
2800 |
1166 |
3018 |
| 7 |
Communication |
2762 |
8180 |
3011 |
7887 |
| 8 |
Legal & professional charges |
32133 |
116135 |
26540 |
44651 |
| 9 |
Auditors' fees, expenses etc |
0 |
|
0 |
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(a) as auditor |
339 |
1548 |
279 |
1211 |
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(b) as adviser or in any other capacity, in respect of |
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(i) Taxation matters |
0 |
0 |
0 |
0 |
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(ii) Insurance matters |
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|
|
(iii) Management services; and |
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|
|
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(c) in any other capacity |
0 |
5 |
0 |
82 |
| 10 |
Advertisement and publicity |
17247 |
34421 |
10021 |
47605 |
| 11 |
Interest & Bank Charges |
2102 |
5993 |
1775 |
40908 |
| 12 |
Others |
50125 |
140802 |
104255 |
162866 |
| 13 |
Depreciation |
23477 |
70797 |
17845 |
51123 |
| 14 |
Service Tax A/C |
|
2232 |
|
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TOTAL |
400029 |
1158732 |
534599 |
1279152 |
| 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. |