FORM NL-16-ADVANCES AND OTHER ASSETS SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA
ADVANCES AND OTHER ASSETS
			(` '000)
	Particulars	As at 30.09.2015	As at 30.09.2014
	ADVANCES
1	Reserve deposits with ceding companies	28034432	27080947
2	Application money for investments	0	864591
3	Prepayments	11752	9511
4	Advances to  Directors/Officers	7660	7586
5	Advance tax paid and taxes deducted at source (Net of provision for taxation)	-7424	2110080
6	Others	980953	386535
7	Deferred Commission	362245	304589
	TOTAL (A)	29389618	30763839
	OTHER ASSETS
1	Income accrued on investments	7331514	6587458
2	Outstanding Premiums
3	Agents’ Balances
4	Foreign Agencies Balances
5	Due from other entities carrying on insurance business  (including reinsurers)	44322143	39198234
6	Due from subsidiaries/ holding
7	Deposit U/S-7 of Insurance Act	294283	296339
8	Sundry Debtors	127216	72437
9	Sundry Deposits	359817	285377
10	LPA Assets	0	0
11	MAT Credit	10954816	7301516
12	Service Tax Unutilised Credit	530842	684396
13	Terrorism Pool Assets	51924047	44745854
	TOTAL (B)	115844678	99171611
	TOTAL (A+B)	145234296	129935450
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, 2013.
(c)        Sundry Debtors will be shown under item 9(others)