| 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 31.03.2015 |
Up to the quarter ending 31.03.2015 |
For the corresponding quarter of the preceeding year |
Up to the Quarter of the prceeding year |
| 1 |
Employees’ remuneration & welfare benefits |
260438 |
686241 |
197677 |
774084 |
| 2 |
Travel, conveyance and vehicle running expenses |
11445 |
69198 |
19243 |
68385 |
| 3 |
Training expenses |
3821 |
9879 |
36961 |
41090 |
| 4 |
Rents, rates & taxes |
7976 |
39683 |
13527 |
32332 |
| 5 |
Repairs |
33996 |
288494 |
75802 |
347120 |
| 6 |
Printing & stationery |
1606 |
4406 |
1403 |
4421 |
| 7 |
Communication |
3479 |
11660 |
4837 |
12724 |
| 8 |
Legal & professional charges |
18199 |
134334 |
61052 |
105703 |
| 9 |
Auditors' fees, expenses etc |
0 |
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0 |
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(a) as auditor |
5533 |
7081 |
3791 |
5002 |
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(b) as adviser or in any other capacity, in respect of |
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(i) Taxation matters |
300 |
300 |
250 |
250 |
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(ii) Insurance matters |
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(iii) Management services; and |
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(c) in any other capacity |
0 |
5 |
0 |
82 |
| 10 |
Advertisement and publicity |
14426 |
48847 |
8221 |
55826 |
| 11 |
Interest & Bank Charges |
1897 |
7890 |
-31859 |
9049 |
| 12 |
Others |
47942 |
188744 |
82993 |
245859 |
| 13 |
Depreciation |
21666 |
92463 |
20454 |
71577 |
| 14 |
Service Tax A/C |
2899 |
5131 |
9382 |
9382 |
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TOTAL |
435623 |
1594356 |
503734 |
1782886 |
| 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. |