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Audited Financial Results |
BALANCE SHEET
AS AT 31st March, 2008
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Schedule No.
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As At 31.03.2008
(Rs.)
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As At 31.03.2007
(Rs.)
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SOURCES OF FUNDS
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Shareholders' Funds
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Share Capital
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1
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102,130,250
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102,130,250
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Reserves and Surplus
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2
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110,158,608
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212,288,858
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110,158,608
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212,288,858
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Loan Funds
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3
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Secured Loans
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-
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15,470,229
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Unsecured Loans
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49,852,027
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49,852,027
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103,443,233
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118,913,462
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Total
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262,140,885
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331,202,320
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APPLICATION OF FUNDS
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Fixed Assets
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4
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| Gross
Block |
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148,572,953
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157,020,847
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Less: Depreciation
including Impairment
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139,336,815
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143,379,053
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9,236,138
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13,641,794
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Less: Accumulated
Lease Adjustment
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5,411,705
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9,709,219
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| Net
Block |
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3,824,433
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3,932,575
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| Investments |
5
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34,580,992
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49,517,486
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| Current
Assets, Loans and Advances |
6
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| Interest
Accrued on Government Securities |
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103,555
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147,324
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| Lease
Receivable |
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4,836,168
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5,617,197
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| Sundry
Debtors |
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105,587,856
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133,489,122
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| Cash
and Bank Balances |
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4,104,315
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33,613,002
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| Loans
and Advances |
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100,712,460
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113,917,683
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| Total |
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215,344,354
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286,784,328
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| Less:
Currnet Liabilities & Provisions |
7
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| Current
Liabilities |
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39,328,378
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42,254,172
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| Provisions |
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175,162,730
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136,659,271
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214,491,108
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178,913,443
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| Net
Current Assets |
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853,246
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107,870,885
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| Profit
& Loss Account |
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239,135,264
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186,134,424
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| Less:
general Reserve (as per contra) |
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16,253,050
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222,882,214
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16,253,050
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169,881,374
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| Total |
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262,140,885
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331,202,320
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| Significant
Accounting Policies |
13
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| Notes
to Accounts |
14
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| The
Schedule referred to above form an integral
part of the Accounts |
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| As per our report of even date attached
For and on behalf of the Board of Directors |
| For S.N. Dhawan & Co. |
Rajiv Gupta |
Arun Mitter |
| Chartered Accountants |
Chairman |
Director |
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Sharad Agarwal |
M.K. Madan |
| (S.K.
Khattar) |
Director |
Director |
| Partner |
Rohit Madan |
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| M.
No. 84993 |
Manager & Company Secretary |
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Place :New Delhi
Date : August 2, 2008 |
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