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 31.12.2018	As at 31.12.2017
	ADVANCES
1	Reserve deposits with ceding companies	67081 648	49960 222
2	Application money for investments	0	0
3	Prepayments	51 872	33 641
4	Advances to  Directors/Officers	9 885	5 867
5	Advance tax paid and taxes deducted at source (Net of provision for taxation)	610 557	2234 073
6	Others	119 522	73 495
7	Deferred Commission	0	0
	TOTAL (A)	67873 484	52307 298
	OTHER ASSETS
1	Income accrued on investments	10442 940	8969 277
2	Outstanding Premiums
3	Agents’ Balances
4	Foreign Agencies Balances
2	Due from other entities carrying on insurance business  (including reinsurers)	178404 379	164393 923
3	Due from subsidiaries/ holding
4	Deposit U/S-7 of Insurance Act	0	0
5	Sundry Debtors	1331 407	484 622
6	Sundry Deposits	10192 841	1331 641
7	LPA Assets	0	0
8	MAT Credit	18864 155	16369 380
9	Service Tax Unutilised Credit	0	0
10	Terrorism Pool Assets	0	0
11	GST Asset	1233 928	0
	TOTAL (B)	220469 650	191548 843
	TOTAL (A+B)	288343 134	243856 141
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)