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  Three Months  ending 31.03.2018	Up to  the  Twelve Months  ending 31.03.2018	For the corresponding Three months  of the preceeding year	Up to the corresponding  twelve months  of the prceeding year
1	Employees’ remuneration & welfare benefits	328 589	1025 734	212 550	964 370
2	Travel, conveyance and vehicle running expenses	12 689	79 269	14 127	81 346
3	Training expenses	1 593	12 955	5 769	22 328
4	Rents, rates & taxes	18 486	61 814	12 751	64 815
5	Repairs	45 156	179 726	46 630	208 021
6	Printing & stationery	1 031	3 575	2 587	4 080
7	Communication	3 402	16 294	5 639	15 745
8	Legal & professional charges	26 282	77 443	20 398	87 214
9	Auditors' fees, expenses etc*	0		0
	(a) as auditor	2 885	7 139	5 022	7 129
	(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	0	14	0	0
10	Advertisement and publicity	30 523	84 980	18 115	61 442
11	Interest & Bank Charges	6 742	21 619	5 836	15 135
12	IT Expenses	18 763	119 545	2 430	98 690
13	Depreciation	18 626	74 035	22 987	96 805
14	Service Tax A/C	0	16 975	2 058	3 737
15	Swachh Bharat Cess	0	691	2 652	349 399
16	Others	112 094	382 279	130 308	316 714
	TOTAL	627 161	2164 387	510 159	2397 270
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.
* Auditors fees doesn't include Rs. 8,000 thousand/- paid to auditors for IPO assignment .