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 31.03.2018	As at 31.03.2017
	ADVANCES
1	Reserve deposits with ceding companies	52017 544	39630 860
2	Application money for investments	261 831	200 000
3	Prepayments	63 740	58 656
4	Advances to  Directors/Officers	5 448	5 726
5	Advance tax paid and taxes deducted at source (Net of provision for taxation)	642 703	521 617
6	Others	115 105	171 824
7	Deferred Commission	0	0
	TOTAL (A)	53106 371	40588 683
	OTHER ASSETS
1	Income accrued on investments	9423 910	8389 392
2	Outstanding Premiums	0	0
3	Agents’ Balances	0	0
4	Foreign Agencies Balances	0	0
5	Due from other entities carrying on insurance business  (including reinsurers)	144306 320	107638 017
6	Due from subsidiaries/ holding	0	0
7	Deposit U/S-7 of Insurance Act	0	0
8	Sundry Debtors	828 140	1336 813
9	Sundry Deposits	8727 632	411 911
11	MAT Credit	18864 156	16368 625
12	Service Tax Unutilised Credit	0	404 210
13	Terrorism Pool Assets	0	0
14	GST Asset	1404 735
	TOTAL (B)	183554 893	134548 968
	TOTAL (A+B)	236661 264	175137 651
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)