| FORM NL-7-OPERATING EXPENSES SCHEDULE | |||||||
|---|---|---|---|---|---|---|---|
| Name of the Insurer: GENERAL INSURANCE CORPORATION OF INDIA | OPERATING EXPENSES RELATED TO INSURANCE BUSINESS | (` '000) | |||||
| Sr. No | PARTICUALRS | For the quarter ending 30.06.2015 | Up to the quarter ending 30.06.2015 | For the corresponding quarter of the preceeding year | Up to the Quarter of the prceeding year | ||
| 1 | Employees’ remuneration & welfare benefits | 138540 | 138540 | 125807 | 125807 | ||
| 2 | Travel, conveyance and vehicle running expenses | 21705 | 21705 | 21768 | 21768 | ||
| 3 | Training expenses | 3281 | 3281 | 1380 | 1380 | ||
| 4 | Rents, rates & taxes | 19481 | 19481 | 13359 | 13359 | ||
| 5 | Repairs | 95985 | 95985 | 47704 | 47704 | ||
| 6 | Printing & stationery | 863 | 863 | 699 | 699 | ||
| 7 | Communication | 2298 | 2298 | 2443 | 2443 | ||
| 8 | Legal & professional charges | 7368 | 7368 | 74039 | 74039 | ||
| 9 | Auditors' fees, expenses etc | 0 | 0 | ||||
| (a) as auditor | 953 | 953 | 870 | 870 | |||
| (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 | 0 | 0 | |||
| 10 | Advertisement and publicity | 3474 | 3474 | 2896 | 2896 | ||
| 11 | Interest & Bank Charges | 2124 | 2124 | 1854 | 1854 | ||
| 12 | Others | 49580 | 49580 | 49479 | 49479 | ||
| 13 | Depreciation | 22097 | 22097 | 24679 | 24679 | ||
| 14 | Service Tax A/C | 0 | 0 | 0 | 0 | ||
| TOTAL | 367749 | 367749 | 366977 | 366977 | |||
| 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. | |||||||