FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA
ADVANCES AND OTHER ASSETS
			(` '000)
Sr. No	Particulars	As at 30.06.2015	As at 30.06.2014
	ADVANCES
1	Reserve deposits with ceding companies	26411934	26591783
2	Application money for investments	25000	873251
3	Prepayments	14682	15564
4	Advances to  Directors/Officers	5195	4687
5	Advance tax paid and taxes deducted at source (Net of provision for taxation)	-1717247	2485398
6	Others	1404317	-532372
7	Deferred Commission	415384	449367
	TOTAL (A)	26559265	29887678
	OTHER ASSETS
1	Income accrued on investments	7269575	5902190
2	Outstanding Premiums
3	Agents’ Balances
4	Foreign Agencies Balances
5	Due from other entities carrying on insurance business  (including reinsurers)	37643991	33972397
6	Due from subsidiaries/ holding
7	Deposit U/S-7 of Insurance Act	294801	296857
8	Sundry Debtors	38523	538588
9	Sundry Deposits	360055	287638
10	LPA Assets	0	0
11	MAT Credit	10954816	7301516
12	Service Tax Unutilised Credit	343261	684396
13	Terrorism Pool Assets	49364589	42380394
	TOTAL (B)	106269611	91363976
	TOTAL (A+B)	132828876	121251654
Notes:
(a)        The items under the above heads shall not be shown net of provisions for doubtful amounts. The amount of provision against each head should be shown separately.
(b)        The term ‘officer’ should conform to the definition of that term as  given under the Companies Act, 1956.
(c)        Sundry Debtors will be shown under item 9(others)