581a7dc2-b0ca-4692-bccd-11a85acd5fa0_balance sheet 2010-11

8/22/2019 581a7dc2-b0ca-4692-bccd-11a85acd5fa0_Balance Sheet 2010-11

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SCHEDULE SOURCES OF FUNDS :

Share Holders' Funds :

Share Capital 1 200.00 200.00

Reserves & Surplus 2 12,368.73 12,568.73 9,621.98 9,821

TOTAL 12,568.73 9,821 APPLICATION OF FUNDS :

Fixed Assets : 3

Gross Block 1,586.89 1,511.43

Less: Depreciation 696.57 638.37

Net Block 890.32 873 Investments 4 3.68 3 Deferred Tax Assets(Net) 651.66 624

Interest Accrued on Deposits 5 89.88 30.42

Work in Progress 6 300.64 4,196.56

Sundry Debtors 7 16,781.62 13,213.52

Cash & Bank Balances 8 10,312.48 5,373.23

Loans and Advances 9 11,881.08 10,036.97

39,365.70 32,850.70

Liabilities 10 22,568.83 19,845.11

Provisions 11 5,773.80 4,684.15

28,342.63 24,529.26

11,023.07 8,321

TOTAL 12,568.73 9,821

Significant Accounting Policies 20

Contingent Liabilities &

Notes on Accounts 21

Schedule '1' to '21' form an integral part of the Accounts

For K.N.Goyal & Co.

Chartered Accountants

(A. K. Sehgal) (Sunil K. Puri)

General Manager(Corp)-cum-CS General Manager(Finance)

-sd-

( K.N.Goyal )

Partner

M.No. 11939

Place :New Delhi

Dated :

Net Current Assets :

-sd- -sd-

-sd--sd-

BALANCE SHEET AS AT 31st MARCH, 2011

WAPCOS LIMITED(A Govt. of India Undertaking)

(Dr. A.G. Agarwal) ( R.K.Gupta)

Director Chairman -cum-Managing Director

For and on behalf of Board of Directors

(Rs. in Lak

31/03/2011 31/03/20

As per our report of even date attached

Current Assets, Loans and Advances :

Less :

Current Liabilities & Provisions :


2/32

SCHEDULE

INCOME :Consultancy Income 12 18,061.89 14,71

Contract Income 13 17,055.87 15,50

Other Misc. Income 14 567.80 40

TOTAL INCOME : 35,685.56 30,62EXPENDITURE :

Consultancy Expenses 15 11,334.15 9,07

Contract Expenses 16 16,354.95 15,02

Administrative and General Expenses 17 2,069.40 1,64

Depreciation 3 91.79 7

Doubtful Debts & Advances 18 185.36 23

TOTAL EXPENSES : 30,035.65 26,06

PROFIT FOR THE YEAR 5,649.91 4,55

Prior Period adjustments(net):Add/(Less) 19 (141.80) (36

PROFIT BEFORE TAX 5,508.11 4,52

Provision for Taxation

- Current Year 1,927.65 1,628.99

- Earlier Years (10.78) (4.84)Deferred Tax

- Current Year (27.18) (71.44)

- Earlier Years 0.00 1,889.69 (33.60) 1,51

PROFIT AFTER TAX 3,618.42 3,00Balance as per last account 2,000.81

Balance available for Appropiriation 5,619.23 3,00

APPROPRIATIONSProposed Dividend 750.00 60

Dividend Tax 121.67 10

Transfer to General Reserve 361.84 30

Transfer to CSR Fund 16.38

Carried to Balance sheet 4,369.34 2,00

5,619.23 3,00Earning per share

Basic & Diluted( In Rupees)(See Note 21(13) 1,809.21 1,50

Significant Accounting Policies 20

Contingent Liabilities & Notes on Accounts 21

Schedule `1' to `21' form an integral part of the Accounts

For K.N.Goyal & Co.


-sd-


-sd-( K.N.Goyal )

Partner

M.No. 11939

Place :New Delhi

Dated :

Director Chairman-cum-Managing Direc


WAPCOS LIMITED(A Govt. of India Undertaking)

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31st MARCH, 2011

(Dr. A.G. Agarwal) ( R.K.Gupta)


31/03/2011 31/03/2

(Rs.in La

( A.K. Sehgal) (Sunil K. Puri)-sd-

-sd--sd-


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SCHEDULES FORMING PART OF THE BALANCE SHEET

SHARE CAPITAL

Particulars

Authorised :

2,00,000 Equity shares of Rs. 100/- each

200.00 200.00

Issued, Subscribed & paid up :

2,00,000 Equity shares of Rs. 100/- each fully paid-up

(Previous year 2,00,000 Equity shares of

Rs. 100/- each) 200.00 200.00

(Of the above, 1,70,000 equity shares (Previousyear 1,70,000) issued as fully paid up bonus

shares by capitalisation of reserves)

TOTAL 200.00 200.00

RESERVES & SURPLUS

(Rs. in Lakhs)

Particulars

General Reserve :

As per last year balance sheet 7,621.17 7,320.86

Add: Transfer from Profit & Loss Account 361.84 7,983.01 300.31 7,621.17

CSR Fund

Transfer from Profit & Loss Account 16.38 0.00

Balance in Profit & Loss Account 4,369.34 2,000.81

TOTAL 12,368.73 9,621.98

SCHEDULE '1'

31/03/2011 31/03/2010

SCHEDULE '2'

31/03/2011 31/03/2010

(Rs.in Lakhs)


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Sl.

No.

Particulars

As on

01.04.2010

Additions

Duringthe Year

Sales/Adj.

During theYear

Total As

on31.03.2011

As on

01.04.2010

For the

Year

Adjust.

Duringthe Year

Total as on

31.03.2011

As on

31.03.2011

As o

31.03.2

1 2 3 4 5 6 7 8 9 10 11 12

A. LAND (FREEHOLD) GURGAON 17.29 0.00 0.00 17.29 0.00 0.00 0.00 0.00 17.29 1

B. BUILDINGS 479.95 0.00 0.00 479.95 68.46 7.82 0.00 76.28 403.67 41

C. TEMPORARY WOODEN STRUCTURE 13.35 14.33 0.00 27.68 13.12 6.20 0.00 19.32 8.36

D. ELECTRICAL WORKS 69.67 0.48 0.00 70.15 37.50 4.94 0.00 42.44 27.71 3

E. VEHICLES 34.96 0.00 7.43 27.53 29.03 0.69 7.06 22.66 4.87

F. COMPUTERS 393.16 40.71 1.87 432.00 249.51 42.03 1.76 289.78 142.22 14

G. OFFICE EQUIPMENTS 340.38 41.14 25.55 355.97 138.82 18.38 19.70 137.50 218.47 20

H. OFFICE FURNITURE AND FIXTURES 142.73 18.90 2.83 158.80 81.99 11.73 2.65 91.07 67.73 6

I. DISPOSABLE ASSETS 19.94 0.00 2.42 17.52 19.94 0.00 2.42 17.52 0.00

TOTAL 1,511.43 115.56 40.10 1,586.89 638.37 91.79 33.59 696.57 890.32 87

PREVIOUS YEAR 1,483.62 107.94 80.12 1,511.43 637.06 78.16 76.85 638.37 873.06 84

SCHEDULE

GROSS BLOCK DEPRECIATION BLOCK NET BLOCK

(Rs. in La

FIXED ASSETS


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SCHEDULE '4

INVESTMENTS

(Rs.in Lakhs

Particulars 31/03/2011Investments :

Long Term (unquoted) - (at cost)

32,279 Equity Shares of Rs. 10/- each (Fully paid-

up) of M/S.Global Procurement Consultants Ltd.

(Previous Year 30,000 equity shares of Rs. 10/-

each). 3.68 3.00

TOTAL 3.68 3.00

CURRENT ASSETS,LOANS & ADVANCES

INTEREST ACCRUED ON DEPOSITS

Particulars 31/03/2011

Interest Accrued on Deposit with Banks 89.88 30.42

TOTAL 89.88 30.42


WORK IN PROGRESS

(Rs.in LakhsParticulars 31/03/2011

Work in Progress 300.64 4,196.56

TOTAL 300.64 4,196.56

(At cost or realisable value whichever is lower and

certified by the management)

SCHEDULE '6

31/03/2010

31/03/2010

SCHEDULE '5

(Rs.in Lakhs

31/03/2010


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SUNDRY DEBTORS

(Rs.in Lakhs)

ParticularsSundry Debtors :

Unsecured:

i) Debts outstanding for a period of more than six months:

Considered Good 6,397.83 4,588.16

Considered Doubtful 1,259.23 1,270.94

ii) Other Debts-considered good 10,383.79 8,625.36

18,040.85 14,484.46

Less: Provision for doubtful debts

As per last Balance Sheet 1,270.94 1,094.94

Less: Bad Debts Written Off 189.42 55.03

Less: Debts Realized 60.41 56.95

1,021.11 982.96

Add: For the Year 238.12 1,259.23 287.98 1,270.94

TOTAL 16,781.62 13,213.52

SCHEDULE '7'

31/03/2011 31/03/2010


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CASH AND BANK BALANCES

Particulars Currency 31/03/2011 31/03/201

Cash in hand INR2.15 2.5

Value of Postage Stamps in hand INR0.09 0.0

Cheque in hand INR0.00 178.2

With Scheduled Banks(India)

Current Accounts INR3,161.05 1,417.8

Term Deposits INR6,981.75 3,669.6

With other than Scheduled Banks(Foreign)

In Current Account

Myanmar Foreign Trade Bank,Myanmar

- RWS Contract USD480.530.22

*0.2

- Sedawgi Irrigation Project USD5559.102.48

*2.5

Bank Millie Afghan USD 893.110.40 0.4

National Bank of Yemen YER-85400.03

*0.0

Bank of Bhutan

- Phuentsholing NU 20.32 lakhs 20.32 13.3- Wangdi-10 NU 36.60 lakhs

36.60 51.9

- Wangdi-13 NU 46.00 lakhs46.00 0.0

Commercial Bank of Ethiopia

- Addis Ababa ETB 42138.802.32

*2.3

- Mekelle ETB 8059.090.46

*0.4

DA Afghanistan Bank USD 13026858.16 33.2

Standard Bank Namibia,Ltd.,-Account-I NAD 560.200.03

*0.0

-Account-II NAD 6015.780.42

*0.4

TOTAL 10,312.48 5,373.2

*Subject to Confirmation

Note No. 4 of Schedule '21'

2. Bank balance as on 31st March,2011 includes non-repatriable amount of Rs.

3.26 lakhs(Previous year Rs. 3.26 lakhs).

3. Term deposits with Scheduled Banks includes Rs. 476.00 lakhs

(previous year Rs. 426.52 lakhs) pledged with bank towards margin money.


SCHEDULE '8

Note: 1. For Maximum balances outstanding at any time during the year, please refer to

(Rs.in Lak


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CURRENT ASSETS, LOANS & ADVANCES

LOANS AND ADVANCES

A.UNSECURED

- Considered Good :

47.00 35.92

Advance for Turnkey Contracts 25.96 165.58

Retention Money 4,713.46 3,557.85

Others 716.06 437.00

5,502.48 4,196.35

- Considered Doubtful:

Retention Money 94.91 89.31

Less: Provision as per

last year Balance sheet 89.31 82.39

2.05 0.14

0.00 3.85

87.26 78.40

7.65 94.91 0.00 5,502.48 10.91 89.31 0.00 4,196

B. SECURED

- Considered Good :

Advance for Turnkey Contracts 2,790.69 3,099.36

Others 138.80 2,929.49 116.49 3,215

8,431.97 7,412

Interest Accrued on advances to Employees 4.25 5

Advance Income tax :

As per last year balance sheet 2,551.18 3,342.28

Add: Deposited /TDS during the year 1,973.88 1,325.88

4,525.06 4,668.16

Less: Adjusted during the year 1,103.66 3,421.40 2,116.98 2,551

Advance Fringe Benefit Tax 57.91 194.11

Add: Deposited during the year 0.00 0.00

57.91 194.11

Less: Adjusted during the year 50.70 7.21 136.20 57

Prepaid Expenses 11.41 9

Value Added Tax 4.84 0

11,881.08 10,036

SCHEDULE

(Rs. in Lak

31/03/2011 31/03/20

TOTAL

Particulars

Advances recoverable in cash or in kind

or value to be received

Staff

Less: Bad Debts Written off

Less: Debts Realised

Add: For the Year


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SCHEDULE '10'

(Rs. in Lakhs)

Particulars

Advances from Clients

-Turnkey Projects 2,669.46 2,337.90

-Others 2,967.80 5,637.26 1,634.84 3,972.74

Sundry Creditors-Suppliers & Others:-

Others(other than SME) 15,552.64 14,849.75

Other Liabilities 1,378.93 1,022.62

TOTAL 22,568.83 19,845.11

SCHEDULE '11'

PROVISIONS

Particulars

Provision for Corporate Income Tax :

As per last year Balance Sheet 2584.85 3077.57

Add: For the year 1927.65 1628.99

4512.50 4706.56

Less: Paid/adjusted during the year 1114.44 3,398.06 2121.71 2,584.85

Provision for Fringe Benefit Tax 50.70 187.00

Add: For the year 0.00 0.0050.70 187.00

Less: Adjusted during the year 50.70 0.00 136.30 50.70

Provision for Dividend 750.00 600.00

Provision for Corporate Dividend Tax 121.67 101.97

Provision for Gratuity 95.95 125.17

Provision for Leave Encashment 740.18 658.43

Provision for Post retirement medical benefit

As per last year Balance Sheet 563.03 538.46

Add: For the year 131.00 53.00

694.03 591.46

Less: Paid/adjusted during the year 26.09 667.94 28.43 563.03

TOTAL 5,773.80 4,684.15

CURRENT LIABILITIES & PROVISIONS

CURRENT LIABILITIES

31/03/2011 31/03/2010

(Rs. in Lakhs)

31/03/2011 31/03/2010


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Particulars

Domestic 12,082.05 11,323.27

International 5,979.84 18,061.89 3,390.55 14,713.82

TOTAL 18,061.89 14,713.82

CONTRACT INCOME

Particulars

Turnkey Projects:

Domestic 1,477.05 0.00International 15,578.82 15,500.25

TOTAL 17,055.87 15,500.25

SCHEDULES FORMING PART OF PROFIT AND LOSS ACCOUNT

(Rs. in Lakhs)

31/03/2011 31/03/2010

SCHEDULE '13'

(Rs. in Lakhs)

CONSULTANCY INCOME

Consultancy Fee :

SCHEDULE '12'

31/03/2011 31/03/2010


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MISCELLANEOUS INCOME

Particulars 31/03/2011 31/03/2010

Dividend Income (Gross) 0.75 0.75

Profit on sale of assets 1.15 4.65

Interest Earned (Gross):

-Term Deposits 288.05 128.39

- Others 136.93 203.56

Misc. Receipts 30.98 46.54

Provision Written Back 109.22 25.40

Discount Received 0.72 0.35

TOTAL567.80 409.64

SCHEDULE '14'

(Rs. in Lakhs)

Note :- Tax deducted at source from interest income is Rs. 16.28 lakhs (Previous Year Rs. 12,.49 lakhs)


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SCHEDULE '15'

(Rs. in Lakhs)

Particulars 31/03/2011 31/03/2010

Fee for services obtained 3750.52 3093.93

Survey Expenses 420.36 435.96

Establishment Expenses

Salaries and Allowances to staff :

Experts/staff assigned on projects 4190.42 3442.62

Contribution to PF & Others 225.09 193.45

Bonus 29.17 25.71

Rent Residential(Net) 3.54 6.38

Leave Encashment 79.85 36.31

Gratuity 71.56 85.52

Post retirement medical scheme 104.31 35.16

Staff Welfare 106.20 96.69

Group Insurance 1.33 1.20

Travelling Expenses

Travelling - India 355.54 314.22

-Abroad 269.56 95.79

Expenditure on Vehicle & Conveyance 64.88 63.36

Hiring of Vehicle 335.47 264.71

Rent 166.43 133.66

Rates and Taxes 4.50 0.51

Electricity & Water Charges 43.87 32.55

Equipment Charges 83.61 26.09

Communication Expenses 88.88 72.09Printing and Stationery 272.24 181.53

Entertainment/Promotional Expenses 87.79 45.87

Other Misc. Expenses

Repairs & Maintenance :

(i) Equipment, Plant & Machinery 15.36 11.38

(ii) Office-Premises 22.61 6.44

(iii) Furniture, Fixture & Others 1.36 0.45

(iv) DG Set 18.46 16.67

Bank Charges/Bank Guarantee Charges 40.67 31.09

Insurance 7.51 2.62

Computer Charges 15.70 4.13

Publicity & Seminar Expenses 31.31 5.37

Advertising of Tender Expenses 0.62 3.52

Reimbursable Meeting Expenses 18.73 1.32

Exchange Variation (Net) 16.10 76.63

Project Training/Seminars 0.00 0.44

Legal & Professional 0.26 0.30

Service Tax Expenditure 335.95 193.42

Other Office Expenditure 54.39 36.09

TOTAL 11,334.15 9,073.18

CONSULTANCY EXPENSES


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CONTRACT EXPENSES (Rs. in Lakhs)

Particulars 31/03/2011 31/03/2010

Opening Work in Progress 4,196.56 2,143.43

Construction Expenses(Including Material &Equipments) 11505.87 15959.11

Fee for Services obtained 201.56 109.75


Salaries & Allowances to Staff :

Experts/Staff assigned on Projects 327.00 442.53

Contribution to PF and others 12.94 14.94

Bonus 0.00 0.46

Rent - Residential(Net) 0.00 0.24


Gratuity 18.07 7.78Provision for Post retirement medical scheme 19.23 3.18



Travelling Expenses

Travelling - India 10.28 0.28

- Abroad 36.73 30.52

Expenditure on Vehicle & Conveyance 25.00 12.24

Hiring of Vehicle 35.98 38.82

Rent 136.58 89.30

Rates & Taxes 0.01 0.00Electricity & Water Charges 2.62 2.35

Communication Expenses 10.59 13.07

Printing & Stationery 5.16 5.95


Other Misc. Expenses

Repair & Maintenance:

(i) Equipment, Plant & Machinery 1.00 1.09

(ii) Office Premises 0.92 0.86

(iii)Furniture, Fixtures & Others 0.10 0.10

(iv)DG Set 0.13 0.00

Bank Charges/Bank Guarantee Charges 12.58 23.49

Insurance 7.72 39.77

Computer Charges 0.12 0.17

Publicity & Seminar Expenses 2.25 0.54

Survey Expenses 1.39 0.39

Exchange Variation 51.30 264.68

Other Office Expenditure 4.08 2.24

16655.59 19223.24

Less: Work in Progress carried forward 300.64 4196.56

TOTAL 16354.95 15026.68

SCHEDULE '16'


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v

ADMINISTRATIVE AND GENERAL EXPENSES

Particulars 31/03/2011 31/03/201

HEAD OFFICE (INDIRECT) EXPENSES:

Chairman & Managing Director

Salaries & Allowances 15.71 7.15Medical 0.50 1.08


Leave Travel Concession 0.00 0.63


Computer Maintenance 0.42 0.12

Transport/Conveyance 0.00 0.20

Liveries 0.62 0.30

Productivity Linked Bonus 0.00 2.65

CPF Contribution 1.40 1.78


Insurance - Personal Risk 0.01 0.01Travelling Expenses

Directors - India 10.94 8.18

- Abroad 2.81 2.98

Sitting Fee

Directors 2.18 3.08

Other Officers and Staff :


Salaries & Allowances 971.39 943.18

CPF Contribution 66.44 66.07

Bonus 3.06 1.39

Rent residential ( Net ) 0.00 0.19

Gratuity 13.32 35.88



Contribution to Benevolent Fund 0.19 0.19

Leave Salary & Pension Contribution 0.12 0.82


Post retirement medical scheme 7.46 14.66

Recruitment Expenses 0.65 1.26

Staff Training and Seminars 7.44 14.86

Travelling Expenses

- India 49.12 35.05

- Abroad 66.73 19.90Expenses on Vehicles & Conveyance 73.29 52.52

balance c/f 1404.41 1308.09

SCHEDULE '17

(Rs. in Lakhs


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Particulars 31/03/2011 31/03/2010

balance b/f 1404.41 1308.09

Rent,Electricity & Water Charges 122.73 68.71

Communication Expenses 40.45 27.67

Printing and Stationery 50.45 51.80


Publicity & Seminar Subscription 38.54 27.26

Other Misc. Expenses :

Repairs & Maintenance :

( i ) Equipments, Plant & Machinery 6.09 5.98

( ii ) Office Premises 42.17 23.03

( iii ) Furniture, Fixtures & Others 1.60 0.85

( iv ) DG Set 6.34 5.49

Tenders/Proposals Expenses 26.61 11.91

Bank Charges/Bank Guarantee Charges 11.74 12.32Professional Charges 29.10 10.16

Loss on Sale of Assets 3.40 1.04

Insurance 13.94 6.98

Other Office Expenses 78.63 13.84

Payment to Auditors :

- Audit Fee 3.30 1.70

- Tax Matters 1.80 0.50

- Certification Fee 0.06 0.15

- Travel & Out of Pocket Expenses 2.43 1.70

Corporate Social Responsibility Expenses 73.71 12.31Exchange Variation (Net) 8.60 0.00

TOTAL 2069.40 1649.18

(Rs. in Lakhs)


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DOUBTFUL DEBTS & ADVANCES (Rs. in Lakhs)

Particulars

Doubtful Debts

Provision for the year 238.12 287.98

Less: Written Back on Realization 60.41 177.71 56.95 231.0

Doubtful Advances -Retention Money

Provision for the year 7.65 10.91

Less: Written Back on Realization 0.00 7.65 3.85 7.0

TOTAL 185.36 238.0

PRIOR PERIOD ADJUSTMENT

(Rs.in Lakh

Particulars

DR. CR. DR. C

PRIOR PERIOD ADJUSTMENT

Bank guarantee charges/bank charges 0.00 0.00 3.60 0.

Fee for services rendered 3.43 0.00 0.00 52.

Postage/Tel/telex/Water & Elect 0.02 0.00 0.01 0.

Consultancy Fee 145.37 15.00 20.58 0.

Hiring of Vehicle 0.00 0.00 2.18 0.

Survey Expenses 0.00 0.00 0.50 0.

Salary/Medical/OTA/PF/S-Welfare/Bonus 0.00 0.00 64.77 0.

Travelling/Conveyance 0.00 0.00 0.12 0.

Other Misc 7.98 0.00 0.00 2.

156.80 15.00 91.76 55.5

NET 141.80 36.22

31/03/2011 31/03/20

SCHEDULE '1

SCHEDULE '1

31/03/2011 31/03/2010


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SCHEDULE 20

SIGNIFICANT ACCOUNTING POLICIES

1. Basis of Preparation of Financial Statements

(a)Financial Statements are prepared on the basis of going concern under historical costconvention, in accordance with generally accepted accounting principles as adopted

consistently by the Company and the provisions of the Companies Act, 1956.

(b)The Company follows mercantile system of accounting and recognises significant items ofincome and expenditure on accrual basis.

2. Employees Benefits

a) The Companys contribution to the Provident Fund is remitted to separate trusts established forthis purpose based on a fixed percentage of the eligible employees salary and charged to Profit

and Loss Account. Shortfall, if any, in the fund assets, based on the Government specifiedminimum rate of return, is made good by the Company and charged to profit and loss account.

b) The company operates defined benefit plans for gratuity. The cost of providing such definedbenefits is determined using the projected unit credit method of actuarial valuation made at theend of the year and is administered through a fund maintained by Insurance Company.

Actuarial gains/losses are charged to profit and loss account.

c) The company operates defined benefit plans for compensated absences. The cost of providingsuch defined benefits is determined using the projected unit credit method of actuarial valuation

made at the end of the year. Actuarial gains/losses are charged to profit and loss account.

d) Obligations on Post Retirement Medical Benefits are provided using the projected unit creditmethod of actuarial valuation made at the end of the year.

e) Other short-term benefits are accounted in the period during which the services are renderedand accordingly charged to Profit and Loss Account.

3. Fixed Assets and Depreciation

a) Fixed Assets are capitalized at cost. Depreciation on fixed assets is provided on Straight LineMethod at the rates specified in Schedule XIV of the Companies Act, 1956.

b) Assets held for disposal are stated at net book value or net realizable value whichever is lowerand are shown separately in the schedule of fixed assets.


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4. Operating Lease

Lease payments made for assets taken on operating lease are recognized as expense over the lease

period.

5. Foreign Currency Transactions

Accounting records for Overseas Projects are maintained at the Head Office in India in the

currency in which the Statement of Accounts are received from the foreign project/site offices.

For the Financial Statements of the Company, foreign currencies are translated as under:

(a) (i) Income and expenses in repatriable convertible foreign currency of the projects abroadare recorded at an exchange rate prevalent at the beginning of each month.

(ii) In case of back to back contract not involving conversion income, expenditure and

transactions are recorded at uniform exchange rate since there is no profit/loss of

exchange involved in such transactions. Exchange rate adopted is the rate of currencyprevalent on the date of billing by the sub-contractor.

(b) Monetary items including outstandings discussed in clause (a)(ii) given above are translatedat closing rates as on 31

stMarch of the relevant year. The resultant exchange variation

arising on foreign currency transactions is recognised as income/expense in the period in

which they arise.

(c) Non repatriable local currency balances with Banks abroad at the end of the year aretranslated into Rupees at the conversion rates adopted in the Contracts/Bids. The same rates

are also adopted for evaluation of income/expenses/assets/ liabilities in local currency.

6. Investments

Investments are intended for long term and provision is made for diminution, other thantemporary, in the value of investments and such determination is made for each investment

individually.

7. Revenue

(A) Consultancy Contracts

Income from services rendered commensurate with the progress of work under the contract, isaccounted for:

a) In the case of cost plus contracts, on the basis of amount billable.


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b) In case of lump sum contracts :

(i) as per invoice (bill) raised based on milestones achieved in accordance with thecontractual stipulations.

(ii)Where payments are received in advance irrespective of the progress of the work,consultancy income is accounted in proportion to actual direct cost incurred on the work to

the total estimated direct cost on the work as reviewed on yearly basis.

(iii) Recoverable mobilisation advance is adjusted against running bills amount whereasinvoice for non-adjustable mobilisation advance is recognised as income upon raising of

subsequent invoice in terms of the agreement, considering all connected activities against

the advance have been carried out during the intervening period in terms of the contract.

c) In the case of contracts having a percentage fee on project cost, on the basis of physicalprogress.

d) In the case of additional items of work(s) not covered under the contract, income from such

services is accounted for on mutual settlement.

e) No income is accounted for on the basis of Work-in-Progress, in view ofuncertainty in determination of consideration with respect to work done between

milestones.

f) Income includes service tax in cases where consultancy agreements are of composite valueinclusive of service tax.

(B). Turnkey Projects

a. Consultancy fees is recognized as per terms of contract, in cases where such fee is stipulatedas a separate item and included in consultancy fees.

b. In other cases : Income is recognized on the basis of percentage completion method.

(i) The stage of completion is determined in the ratio of cost incurred on work performed tototal estimated cost of contract.

(ii)Unbilled expenditure incurred on contract is recognized as work in progress excludingattributable profits.

(iii)Costs include all direct costs including depreciation on plants, equipments utilized in siteand direct borrowing cost specific to contract incurred by the company or sub-contractor.

(iv)At any stage, loss anticipated , if any , is recognized immediately.


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8. Grant in Aid

Grant-in-aid received by the Company for carrying out specific schemes of the Govt. are treated

as fee from services rendered and expenditure incurred are charged to natural heads of account.

Balance grant unutilised if any, on completion of the project is surrendered unless otherwisestipulated.

9. Reimbursable revenue / capital expenses in terms of the Contract are charged as expenditureunder the natural heads and necessary recovery thereof is credited under the head Fee forConsultancy Services Rendered.

10. Expenditure on software is recognized as expenditure in the year of incurrance.

11. Camp expenses inclusive of equipment / loose tools and tents etc. purchased to dischargecontractual obligations are charged to revenue.

12. Taxation

(a) Provision for current tax is made considering applicable tax rules, and admissibility of benefits

under Income Tax Act. Any tax refund relating to earlier years due/receivable upon completion of

assessment in India/Abroad is accounted for on determination/receipt basis.

(b) Wealth Tax is accounted for on Due basis.(c) Deferred tax is recognised on timing differences between the accounting income & taxable

income for the year and quantified using the tax rates and laws enacted or substantively enacted as

on the Balance Sheet date. Deferred tax assets are recognised and carried forward to the extentthere is a virtual certainty that sufficient future taxable income will be available against which

such deferred tax assets can be realised.

13. Liquidated Damages/ Claims

Liquidated damages / Claims are considered on admittance basis and are accounted for in

miscellaneous Expenses/Income on crystallization.

14 Corporate Social Responsibility Fund

Unspent balance out of funds budgeted for Corporate Social Responsibility activities are

appropriated to CSR Fund Account for future utilization.

15 Provision for Debts

Outstanding debtors are periodically reviewed for provisioning and provision is made when a debtbecomes doubtful of recovery even if chances of recovery subsist. However, in respect of debts

outstanding for over 5 years, full provision is made ,except where there is any award in favour of

the Company.


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SCHEDULE 21

CONTINGENT LIABILITIES AND NOTES ON ACCOUNTS

A. CONTINGENT LIABILITIES EXISTS :

( Rs. in lakhs )

Description As on 31.03.2011 As on 31.03.2010

Claims against the company not

acknowledged as debts- For Turnkey Projects

- Others

3690.81

149.01 3839.82

1647.77

363.43 2011.20

Liquidated damages/Penalties

a) Non completion/deficiency of work

b) Contractual stipulations

253.35

535.73

253.35

447.78Bank Guarantee to clients against which

counter guarantee given by company to bank

5984.15 7562.18

TOTAL 10613.05 10274.51

(Few cases relating to employees / others are pending against the company in respect of whichliability is not ascertainable.)

B. NOTES ON ACCOUNTS:1. Estimated amount of contracts remaining to be executed on capital account and not provided for

Rs. Nil ( Previous Year Nil).

2. Earnings in Foreign currency during the year:(Rs. in lakhs)

Particulars 2010-2011 2009-2010

Earnings:

i) Consultancy 1204.08 1054.00

ii)Contract 12744.18 9610.55iii)Interest includes interest accrued Rs.1.35 lakhs

(Previous year Rs. 0.79 lakhs)

179.61 203.86

TOTAL 14127.87 10868.41

3. Expenditure in Foreign currency during the year for servicing various assignments

(Rs. in lakhs)Particulars 2010-2011 2009-2010

Expenditure:

i)Consultancy 815.62 1074.67

ii)Contract 13213.67 9769.74

TOTAL 14029.29 10844.41


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4.Maximum Balances held on any day during the year with Banks other than Scheduled Banks :-

( Rs. in lakhs)

Name of the Bank During

2010-2011During

2009-2010

Myanmar Foreign Trade Bank 0.22 0.24-do- 2.51 2.83

Bank-e- Millie Afghan 0.41 0.47National Bank of Yemen 0.03 0.03

Bank of Bhutan

-Phutensholing 29.68 437.14-Wangdi A/C No CD-10 71.12 -

-Wangdi A/C No CD-13 51.71 129.47

Commercial Bank of Ethiopia-Addis Abaaba 2.32 2.32

-Mekelle 0.45 0.45

DA Afghanistan Bank 88.63 43.22Standard Bank Namibia Ltd. 0.03 0.03

-do- 0.42 0.42

In Term Deposits:

Central Bank of Nigeria - 11.84

5 (a) Balances shown under Claims recoverable, Sundry debtors, Advances to contractors, Sundrycreditors and Security deposits/Earnest money from contractors are subject to confirmation and

respective consequential adjustments.

(b) In the opinion of the management, the value of Current assets, Loans and Advances on

realization in the ordinary course of business, will not be less than the value at which these arestated in the Balance Sheet.

6. Consultancy Income includes Rs. 300.22 lakhs (Previous year Rs. 171.27 lakhs) as Service

Tax in respect of Consultancy Agreements having composite value.

7. During the year, an additional provision towards doubtful debts of Rs 238.12 lakhs (previous

year Rs 287.98 lakhs) has been created taking the accumulated provision against doubtful debts

as at 31.03.2011 to Rs 1259.23 lakhs (previous year Rs 1270.94 lakhs).In the opinion of theManagement ,the provision is adequate to meet any loss on account of irrecoverability of debts.

8. The Company is holding fixed assets/loose tools (not forming part of the companys assets)

amounting to Rs. 158.59 lakhs (Previous year Rs. 83.41 lakhs) on behalf of the clients. The

same shall be adjusted at mutually accepted values on completion of the respective projects.

9. Disclosure in compliance with Accounting Standard-15(Revised 2005) issued by the Institute of

Chartered Accountants of India on Employee Benefits for the year ended 31st

March,2011


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(a) Provident FundGuidance issued by the Accounting Standards Board(ASB) on implementing Accounting

Standard-15, Employee Benefits(revised 2005) states that provident funds set up by employers,

which requires interest shortfall to be met by employer, needs to be treated as defined benefit

plan. The Fund does not have any existing deficit or interest shortfall. Accordingly, other relateddisclosures in respect of Provident Fund have not been made. During the year, the company had

recognized Rs. 305.87 Lakhs (Previous year Rs. 276.22 lakhs) as Employers contributionprovident fund in the Profit and Loss A/C (included in contribution to PF & Others in schedules

15, 16 and 17).

(b) Reconciliation of balance of Defined Benefit Obligation

(Rs. in lakhs)

Gratuity PRMS

Particulars Funded Non-funded

2010-2011 2009-2010 2010-2011 2009-2010

Defined Obligations at the beginning 1019.04

Less :Adjusted by LIC as LC premium 11.14 1007.90 953.79 563.03 538.46

Current Service Cost 47.52 46.38 68.00 60.00

Interest Cost 85.95 54.70 48.00 43.00

Benefits Paid (87.81) (118.63) (26.09) (28.43)

Actuarial(gain)/loss on obligation 55.95 82.80 15.00 (50.00)

Defined Benefit Obligation at the end of the

year

1109.51 1019.04 667.94 563.03

(c) Details of Fair Value of Plan assets

(Rs. in lakhs)

Gratuity PRMS

Particulars Funded Non-Funded

2010-2011 2009-2010 2010-2011 2009-2010

Fair value of plan assets at the beginning of

the year

889.87 491.78 - -

Expected return on plan assets 85.95 54.70 - -

Contribution by employer 125.55 462.02 26.09 28.43

Benefit Paid (87.81) (118.63) (26.09) (28.43)Actuarial gain/(losses) - - - -

Fair value of plan assets at the end of year 1013.56 889.87 - -


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(d) Movement in net liability and amount recognized in Balance Sheet

(Rs. in lakhs)

Gratuity PRMSParticulars Funded Non-Funded

2010-2011 2009-2010 2010-2011 2009-2010

Present Value of funded obligation 1109.51 1019.04 667.94 563.03

Amount paid but not credited by LIC(Excess

Amount paid to LIC)

- 4.00 - -

Fair value of plan assets 1013.56 889.87 - -

Amount recognized in the Balance Sheet 95.95 125.17 667.94 563.03

(e)Amount recognized in Profit and Loss Account

(Rs. in lakhs)

Gratuity PRMS


2010-2011 2009-2010 2010-2011 2009-2010

Current service cost 47.52 46.38 68.00 43.00

Interest Cost 85.95 54.70 48.00 60.00

Expected(return)/loss on plan asset (85.95) (54.70) - -

Actuarial gain/(losses) 55.95 82.80 15.00 (50.00)

Amount adjusted from the opening General

Reserve on account of past servicesExpenses for the year 103.47 129.18 131.00 53.00

Less: Service tax included in above expensescharged to Profit and Loss A/C 0.52 - -

TOTAL 102.95 129.18 131.00 53.00

(f) Major Actuarial assumptions

Gratuity PRMS


2010-2011 2009-2010 2010-2011 2009-2010

Discount rate 8.00% 8.00% 8.50% 8.00%

Expected return on plan assets * 9.30% 9.25% - -

Salary escalation # 6.00% 6.00% 5.00% 5.00%

Inflation - - 4.00% 4.00%* Expected rate of return on plan assets is based on market expectation, at the beginning of the year,

for return over the entire life of the related obligation.

# Estimates of future salary increases, considered in actuarial valuation, take into account inflation,

seniority, promotion and other relevant factors.

Note: Actuarial assumptions as given by the Actuaries have been relied upon by the Auditors.


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(g) Actual Return on Plan Assets:

(Rs. in lakhs)

Particulars Gratuity

Funded

2010-2011 2009-2010

Actual return on plan assets 85.95 54.70

.(h) Investment Details

(Rs. in lakhs)Particulars Gratuity

Funded

2010-2011 2009-2010

Investment with insurer(LIC of India) 1013.56 889.87

The entire investments are with administered fund operated by the Life Insurance Corporation of India.

10.Construction Contracts:- In line with Accounting Standard -7 issued by the Institute of

Chartered Accountants of India, Disclosure relating to Construction contracts :

(Rs. in lakhs)

Sr.

No.

Particulars 2010-11 2009-10

1 Amount of Construction WIP 300.64 4196.56

2 Advances from Contractees outstanding as at the year

end

2669.46 2337.90

3 Retention Money with the Contractee 4165.12 3142.80

4 Amount receivable in respect of income accrued inrespect of cost plus contract not included in

construction WIP

75.16 149.06


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11. Segment Reporting:- In line with Accounting Standard-17 issued by the Institute of

Chartered Accountants of India, the company has identified its business activity into twobusiness segment i.e. Consultancy & Engineering projects and Lump Sum Turnkey projects,

taking into account the organizational structure, different risk and rewards of these segments.Geographical segments considered for disclosure is Revenue within India and Revenue from

outside India based on the location of the clients.

(A)Business Segment:-

Segment Revenue

(Rs. in lakhs)

Particulars 2010-2011 2009-2010

Consultancy & Engineering Projects 18061.89 14713.82

Lump sum Turnkey projects 17055.87 15500.25

TOTAL 35117.76 30214.07

Segment Profit

(Rs. in lakhs)

Particulars 2010-2011 2009-2010

Consultancy & Engineering Projects 6727.74 5640.63

Lump sum Turnkey projects 700.92 473.58

TOTAL 7428.66 6114.21

Less: other indirect expenses 2346.55 1965.43

Add: other income 567.80 409.64

Net profit before prior period adjustment 5649.91 4558.42

(B) Geographical Segment:Revenue attributable to location of customers:-

(Rs. in lakhs)

Particulars 2010-2011 2009-2010

India 13534.36 10147.33

Abroad 21583.40 20066.74

TOTAL 35117.76 30214.07

Profit from Operation:

(Rs. in lakhs)

Particulars 2010-2011 2009-2010

India 5496.80 4585.01

Abroad 1931.86 1529.20

TOTAL 7428.66 6114.21

Less: other indirect expenses 2346.55 1965.43

Add: other income 567.80 409.64

Net profit before prior period adjustment 5649.91 4558.42


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(C) Fixed assets used in the Companys business or liabilities contracted are common in nature

for all and can not be attributed to a specific segment. The Company believes that it is notpractical to provide segmental disclosure of capital employed since segregation of the

available data could be erroneous.

12. Related Party Disclosure

(A) Following is the list of related parties as identified in accordance with provisions of theAccounting Standard-18 issued by the Institute of Chartered Accountants of India on Related

Party Disclosure:-

Sr. No. Name of the Related Party Name of the Relationship

2010-2011 2009-2010

1. Mr R.K.Gupta Mr. D Datta Key Mgt personnel(CMD w.e.f 27/04/2010 A.N.)

2. None Mr. Alok Kr Datta Relative of Key Mgt Personnel

(B) Related Party Transactions

During the year ended 31-03-2011, the company had following transactions with related party :

( Rs.in lakhs)

S

No

Description of

Transaction

Key Mgt

Personnel

For 2010-2011

Relative of

Mgt

Personnel

For 2010-2011

Key Mgt

Personnel

For 2009-2010

Relative of

Mgt Personnel

For 2009-2010

1 Remuneration 18.81 Nil 21.10 3.20

2 Rent paid for

Residential

Accommodation Nil Nil Nil Nil

13. Earning per share (Basic and diluted) as per Accounting Standard-20 issued by the Institute ofChartered Accountants of India :-

The elements considered for calculation of Earning per share are as under :-

(Rs. in lakhs)

Particulars Current Year Previous Year

Net Profit After Tax used as numerator 3618.42 3003.09

Number of equity shares used as denominator 2,00,000 2,00,000

Earnings per share( Rupees ) 1809.21 1501.55

Face Value per share 100 100


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14. In compliance with Accounting Standard- 19 on Accounting for Leases, issued by the

Institute of Chartered Accountants of India, the following disclosures are being made:

a) Company has entered into a lease agreement with L & T Finance Limited (Lessor) forproviding vehicles on lease to company for four years.

b) The total of future minimum lease payments under non-cancellable leases for the period of:

i) Less than one year - Rs. 13.87 lakhs (Previous year Rs.13.79Lakhsl)

ii) Later than one year but not later than 5 years Rs.12.53 lakhs (Previous year Rs.17.56 Lakhs)

iii) Later than five years Rs. Nil (Previous year Rs. Nil)

c) Lease payments of Rs. 13.86 lakhs (Previous year Rs 10.02 Lakhs) recognized in the

statement of profit and loss account during the year.

15. In compliance with Accounting Standard- 22 on Accounting for taxes on income, issued by

the Institute of Chartered Accountants of India, Deferred Tax Assets amounting to Rs. 27.18

lakhs (Previous year Rs. 105.04 lakhs) has been recognised during the current year. Item-wise

details of cumulative Deferred Tax Assets are as under:-

(Rs. in lakhs)

Particulars As on 31-03-2011 As on 31-03-2010

I Deferred Tax Assets:

a. Leave Encashment Provision

b. Provision for post retirement medicalbenefit scheme for past servicesc. Provision for doubtful debts /

Retention Money.

II. Deferred Tax Liabilities:

a. Depreciation

Net Deferred Tax Assets/ (Liability)

Net Deferred tax adjustmentIII The tax expenses for the period

Comprises of:Income tax

-Current tax(incl. Rs. 10.78 lacs ofearlier years )

TOTAL

240.15

102.51

439.35

782.01

130.35

651.66

27.18

1916.87

1916.87

223.80

71.73

462.34

757.87

133.39

624.48

105.04

1624.15

1624.15


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16. The Management is of the opinion that no case of impairment exists under the provision ofAccounting Standard-28 issued by the Institute of Chartered Accountants of India on

Impairment of Assets.

17. Pending issuance of notification under section 441A of the Companies Act , 1956,no provision

has been made towards cess on the turnover of the company.

18. Expenditure on software incurred during the year is Rs 10.78 lakhs(previous year Rs. 0.48lakhs).

19. Remuneration paid to Group General Manager while he held additional charge as Chairman-cum-Managing Director during the period 1.4.2010 to 27.4.2010 (previous year 1.9.2009 to

31.3.2010 :-(Rs. in Lakhs) (Rs in Lakhs)Current Year Previous Year

i) Salary & Allowances 0.93 6.93

ii) Staff Welfare - 0.02 0.23iii) Liveries - 0.03 0.49

iv) Computer charges - 0.02 0.24

v) Medical - 0.29

____ ____

TOTAL 1.00 8.18

Chairman-cum-Managing Director is allowed use of staff car including private journeys up to aceiling of 1000 kms per month on payment of Rs.520/- per month.

20. Advances due from Directors & other Officers of the Company:

(Rs. in lakhs)Designation

Category Officer

As on

31.03.2011

Maximum

Amt. During

2010-11

As on

31.03.2010

Maximum Amt.

During 2009-10

Chairman - cum-

Managing Director

NIL 7.07 NIL 2.28

Group GeneralManager (Held

addl. Charge of

CMD up to27/04/2010(A.N)

NIL NIL NIL 0.80

General Manager(Corp)-cum-CS

NIL 0.43 NIL 0.04

21. The Company has not received any information from any of the suppliers of their being a smallscale industrial unit. Hence , amounts due to small industrial units are not determinable.


30/32

22. The dues to Micro, Small and medium enterprises as required under the MICRO Small and

Medium Enterprises Development Act, 2006 is given below:

(Rs. in lakhs)

Amount overdue and payable as on 31st March,2011-Principal NIL

-Interest NIL

Payments made during 2010-11 beyond due date

-Principal NIL

-Interest NIL

Interest accrued and unpaid as on 31st

March 2011 NIL

The above information is given to the extent available with the Company.

23. Expenditure in respect of Civil Construction works on Salma Dam Project has been booked on the

basis of latest sanction given by the Ministry of External Affairs. The Contractor has sought revision ofrates of various items which is under the consideration of a High Powered Committee constituted bythe Government and differential , if any , allowed by the Government shall be recognized on sanction.

The amount uncertainable.

24. Previous year figures have been regrouped/recast/rearranged, wherever necessary.


For K.N.Goyal & Co. For and on behalf of Board of Directors


-sd- -sd- -sd-

(K.N. GOYAL) ( A.K.Sehgal) (Sunil K. Puri)

Partner General Manager(Corp)-cum-CS General Manager(Finance)

M.NO.11939

-sd- -sd-

( Dr. A. G. Agarwal) (R.K.Gupta)

Director Chairman-cum-Managing Director

Place : New Delhi

Dated :


31/32

PARTICULARS SCHEDULE

A) CASH FLOW FROM OPERATING ACTIVITIES

NET PROFIT BEFORE TAX AS PER P & L A/c 5,508.11 4,522.20

i) Adjustment for:

DEPRECIATION 3 91.79 78.16

PROVISION FOR GRATUITY 11 102.95 129.18

PROVISION FOR LEAVE ENCASHMENT 11 81.75 25.42

PROVISION FOR PRMS 11 131.00 53.00LOSS / PROFIT ON SALE OF FIXED ASSETS 14,17 2.25 (3.61)

LOSS/PROFIT ON ACCOUNT OF EXCHANGE VARIATION 49.40 464.75

INTEREST ON DEPOSITS / ADVANCES TO EMPLOYEES ETC. 14 (424.98) (331.95)

DIVIDEND INCOME 14 (0.75) 33.40 (0.75) 414.19

OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES 5,541.51 4,936.39

ii) ADJUSTMENT FOR INCREASE/DECREASE IN CURRENT ASSETS /

LIABILITIES

SUNDRY DEBTORS 7 (3,568.10) (2,688.70)

CONTRACT WORK IN PROGRESS 6 3,895.92 (2,053.13)

OTHER CURRENT ASSETS 5 (59.46) 8.27

LOANS AND ADVANCES EXCEPT ADVANCE TAX AND FBT 9 (1,024.59) 870.30

CURRENT LIABILITIES EXCEPT PROVISIONS 10 2,723.73 1,967.50 1,208.39 (2,654.87)

7,509.01 2,281.52

CASH GENERATED FROM OPERATING ACTIVITIES

LESS: CORPORATE TAX PAID (INCLUDING FBT) 9 (1,973.88) (1,325.88)

LESS: CORPORATE TAX PAID / ADJUSTED FOR EARLIER YEARS P&L - -LESS: Dividend tax Prov ADJUSTED FOR EARLIER YEARS 15 (2.31)

LESS: PAYMENT TOWARDS PRMS 11 (26.09) (28.43)

LESS: PAYMENT TO GRATUITY FUND 11 (132.17) (2,134.45) (470.25) (1,824.56)

NET CASH FROM OPERATING ACTIVITIES 5,374.57 456.96

B) CASH FLOW FROM INVESTING ACTIVITIES

PURCHASE OF FIXED ASSETS 3 (115.56) (107.94)

CAPITAL WORK IN PROGRESS 3 - -

SALE OF FIXED ASSETS 3,17 4.26 6.89

INCREASE IN INVESTMENTS 4 (0.68)

INTEREST ON DEPOSITS / ADVANCES TO EMPLOYEES ETC. 14 424.98 331.95

DIVIDEND INCOME 14 0.75 313.75 0.75 231.65

NET CASH FLOW FROM INVESTING ACTIVITIES 5,688.31 688.61

C) CASH FLOW FROM FINANCING ACTIVITIES

DIVIDEND PAYMENT (INCLUDING DIVIDEND TAX) 11 (699.66) (699.66) (409.48) (409.48)

NET CASH FLOW FROM FINANCING ACTIVITIES 4,988.65 279.12

INCREASE / DECREASE IN CASH & CASH EQUIVALENTS

CASH & CASH EQUIVALENTS AT THE BEGINNING OF THE YEAR 8 5,373.23 5,558.86

(see Note 1)

CASH & CASH EQUIVALENTS AT THE CLOSING OF THE YEAR 8 10,361.88 5,837.98

(see Note 1)

INCREASE / DECREASE IN CASH & CASH EQUIVALENTS 4,988.65 279.12

Notes to the Cash Flow Statement

1 Cash in hand and balances with Banks 3,330.73 1,703.54

Short Term Investments 6,981.75 3,669.69

Cash and Cash Equivalents 10,312.48 5,373.23

Effect of exchange rate changes 49.40 464.75

Cash and Cash Equivalents as restated 10,361.88 5,837.98


For K.N.Goyal & Co.


-sd- Gene ral Mana ger (Corp)-cum-CS

(K.N.Goyal)

Partner

M No. 11939 -sd- -sd-

Place: New Delhi

Dated:

-sd- -sd-


Chairman -cum-Managing DirectorDirector

CASH FLOW STATEMENT FOR THE YEAR ENDED 31st MARCH, 2011

2009-102010-11

(Dr. A.G. Agarwa l)

(A.K.Sehgal) (Sunil K. Puri)

General Manager(Finance)

(R.K.Gupta)


32/32

I. Registration Details

Registration No. 0 5 0 7 0 State Code 5 5

Balance Sheet Date 3 1 - 0 3 - 2 0 1 1

II. Capital raised during the year ( Rs. In lakhs)

Public issue Rights issueN I L N I L

Bonus issue Private placement

N I L N I L

III. Position of Mobilisation and deployment of funds

( Rs. In lakhs)

Total Liabilities Total Assets

1 2 5 6 8 . 7 3 1 2 5 6 8 . 7 3

Sources of Funds Paid-up-Capital Reserve & Surplus

2 0 0 . 0 0 1 2 3 6 8 . 7 3

Secured Loans Unsecured Loans

N I L N I L

Application of Funds Net Fixed Assets Investments

8 9 0 . 3 2 3 . 6 8

Net Current Assets Misc. Expenditure

1 1 0 2 3 . 0 7 N I L

Accumulated Losses

N I L

IV. Performance of the Company ( Rs. In Lakhs)

Turnover Total Expenditure

3 5 1 1 7 . 7 6 3 0 0 3 5 . 6 5

Profit/Loss Before Tax Profit/Loss After Tax

+ - + -

+ 5 5 0 8 . 1 1 + 3 6 1 8 . 4 2

Earnings per Share in Rs. Dividend Rate

1 8 0 9 . 2 1 3 7 5 . 0 0

V. Generic names of Three Principal Products/Services of the Company (As per monetary terms)

Item Code N A

No. (ITC Code)

Product Description N A


-sd- -sd-

For K N GOYAL & Co.


-sd- -sd- -sd-

(K.N.Goyal)

Partner Director

M.No. 11939

Place :New Delhi

Dated:

(R.K.Gupta)(Dr. A.G. Agarwal)

Chairman-cum-Managing Director

(A.K.Sehgal) (Sunil K. Puri)


WAPCOS LIMITED( A Govt. of India Undertaking )

Balance Sheet Abstract and Company's General Business Profile


581a7dc2-b0ca-4692-bccd-11a85acd5fa0_balance sheet 2010-11

Documents