| FORM NL-7-OPERATING EXPENSES SCHEDULE |
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| Name of the
Insurer: GENERAL INSURANCE CORPORATION OF INDIA |
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| OPERATING
EXPENSES RELATED TO INSURANCE BUSINESS |
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(` '000) |
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PARTICUALRS |
For
the Three Months ending 30.06.2018 |
Up
to the
Three Months ending 30.06.2018 |
For the
corresponding Three months of the
preceeding year |
Up to
the corresponding three months of the prceeding year |
| 1 |
Employees’
remuneration & welfare benefits |
297 234 |
297 234 |
235 877 |
235 877 |
| 2 |
Travel, conveyance and
vehicle running expenses |
15 246 |
15 246 |
19 216 |
19 216 |
| 3 |
Training expenses |
1 025 |
1 025 |
3 084 |
3 084 |
| 4 |
Rents, rates & taxes |
14 393 |
14 393 |
15 451 |
15 451 |
| 5 |
Repairs |
60 366 |
60 366 |
51 637 |
51 637 |
| 6 |
Printing & stationery |
577 |
577 |
516 |
516 |
| 7 |
Communication |
3 875 |
3 875 |
5 523 |
5 523 |
| 8 |
Legal & professional
charges |
14 492 |
14 492 |
12 601 |
12 601 |
| 9 |
Auditors' fees, expenses
etc |
0 |
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0 |
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(a) as auditor |
3 413 |
3 413 |
3 105 |
3 105 |
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(b) as adviser or in any
other capacity, in respect of |
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(i) Taxation matters |
0 |
0 |
0 |
0 |
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(ii) Insurance matters |
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(iii) Management
services; and |
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(c) in
any other capacity |
0 |
0 |
14 |
14 |
| 10 |
Advertisement and
publicity |
10 016 |
10 016 |
12 302 |
12 302 |
| 11 |
Interest & Bank
Charges |
8 162 |
8 162 |
4 014 |
4 014 |
| 12 |
IT Expenses |
51 149 |
51 149 |
46 584 |
46 584 |
| 13 |
Depreciation |
18 853 |
18 853 |
18 259 |
18 259 |
| 14 |
Service Tax A/C |
0 |
0 |
14 646 |
14 646 |
| 15 |
Swachh Bharat Cess |
0 |
0 |
614 |
614 |
| 16 |
Others |
77 446 |
77 446 |
85 630 |
85 630 |
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TOTAL |
576 247 |
576 247 |
529 073 |
529 073 |
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- 1 |
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- 1 |
| 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. |
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