FORM NL-7-OPERATING EXPENSES SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS
			(` '000)
	PARTICULARS	For the year ended 31.03.2015	For the year ended 31.03.2014
1	Employees’ remuneration & welfare benefits	686241	774084
2	Travel, conveyance and vehicle running expenses	69198	68385
3	Training expenses	9879	41090
4	Rents, rates & taxes	39683	32332
5	Repairs	288494	347120
6	Printing & stationery	4406	4421
7	Communication	11660	12724
8	Legal & professional charges	134334	105703
9	Auditors' fees, expenses etc
	(a) as auditor	7081	5002
	(b) as adviser or in any other capacity, in respect of
	(i) Taxation matters	300	250
	(ii) Insurance matters
	(iii) Management services; and
	(c)   in any other capacity	5	82
10	Advertisement and publicity	48847	55826
11	Interest & Bank Charges	7890	9049
12	Others	188744	245859
13	Depreciation	92463	71577
14	Service Tax A/C	5131	9382
	TOTAL	1594356	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.