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 31.12.2017	As at 31.12.2016
	ADVANCES
1	Reserve deposits with ceding companies	49960 222	39305 069
2	Application money for investments	0	0
3	Prepayments	33 641	9 071
4	Advances to  Directors/Officers	5 867	6 380
5	Advance tax paid and taxes deducted at source (Net of provision for taxation)	2234 073	5206 021
6	Others	73 495	166 276
7	Deferred Commission	0	537 195
	TOTAL (A)	52307 298	45230 012
	OTHER ASSETS
1	Income accrued on investments	8969 277	7944 863
2	Outstanding Premiums
3	Agents’ Balances
4	Foreign Agencies Balances
5	Due from other entities carrying on insurance business  (including reinsurers)	164393 923	98180 626
6	Due from subsidiaries/ holding
7	Deposit U/S-7 of Insurance Act	0	0
8	Sundry Debtors	484 622	262 418
9	Sundry Deposits	1331 641	371 604
11	MAT Credit	16369 380	14926 087
12	Service Tax Unutilised Credit	0	445 977
13	Terrorism Pool Assets	0	0
	TOTAL (B)	191548 843	122131 575
	TOTAL (A+B)	243856 141	167361 587
		0	0
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)