FORM NL-7-OPERATING EXPENSES SCHEDULE
Name of the Insurer:  GENERAL INSURANCE CORPORATION OF INDIA
OPERATING EXPENSES RELATED TO INSURANCE BUSINESS					(` '000)
	PARTICUALRS	For the quarter ending 31.03.2016	Up to  the quarter ending 31.03.2016	For the corresponding quarter of the preceeding year	Up to the Quarter of the prceeding year
1	Employees’ remuneration & welfare benefits	180 094	859 963	260 438	686 241
2	Travel, conveyance and vehicle running expenses	22 462	89 762	11 445	69 198
3	Training expenses	6 932	23 425	3 821	9 879
4	Rents, rates & taxes	8 613	60 272	7 976	39 683
5	Repairs	-24 113	212 637	-43 174	211 324
6	Printing & stationery	- 378	2 735	- 157	2 643
7	Communication	3 897	12 338	3 479	11 660
8	Legal & professional charges	16 356	50 940	18 199	134 334
9	Auditors' fees, expenses etc	0		0
	(a) as auditor	6 464	8 239	5 533	7 081
	(b) as adviser or in any other capacity, in respect of
	(i) Taxation matters	300	300	300	300
	(ii) Insurance matters
	(iii) Management services; and
	(c)   in any other capacity	2	2	0	5
10	Advertisement and publicity	21 888	54 412	14 426	48 847
11	Interest & Bank Charges	5 129	11 734	1 897	7 890
12	Others	35 809	198 600	31 670	172 472
13	Depreciation	27 583	95 789	21 666	92 463
14	Service Tax A/C	2 266	4 557	2 899	5 131
15	IT Expenses		121 269		95 205
	TOTAL	313 304	1806 974	340 418	1594 356
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.