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 30.06.2017	As at 30.06.2016
	ADVANCES
1	Reserve deposits with ceding companies	40804 469	30481 486
2	Application money for investments	200 000	0
3	Prepayments	63 695	21 492
4	Advances to  Directors/Officers	6 186	5 759
5	Advance tax paid and taxes deducted at source (Net of provision for taxation)	2122 759	1592 284
6	Others	177 572	313 252
7	Deferred Commission	0	507 410
	TOTAL (A)	43374 681	32921 683
	OTHER ASSETS
1	Income accrued on investments	8519 169	8067 543
2	Outstanding Premiums
3	Agents’ Balances
4	Foreign Agencies Balances
5	Due from other entities carrying on insurance business  (including reinsurers)	162906 159	47468 990
6	Due from subsidiaries/ holding
7	Deposit U/S-7 of Insurance Act	0	0
8	Sundry Debtors	1 113	309 379
9	Sundry Deposits	547 100	360 538
11	MAT Credit	17117 738	15045 407
12	Service Tax Unutilised Credit	420 459	428 530
13	Terrorism Pool Assets	0	0
	TOTAL (B)	189511 738	71680 387
	TOTAL (A+B)	232886 419	104602 070
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)