IndexPioneer Embroideries Ltd.Division-----------Month------------Date Of SubmissionINDEXS.No.Monthly Reports1Performance Report2Profit & Loss A/c3Balance Sheet4Cash Flow Statement5Budgeted vs Actuals6Computer Back up of accountsGuidelines attached

performancePioneer Embroideries Ltd.Division-----------Month------------1PERFORMENCE REPORTProductionFor the MonthTill DateRated Capacity (in Stiches)ActualPlant EfficiencyProduction BreakdownMachineWant of yarnWant of JobOther ReasonsSalesLess ExpensesProfit & LossFundsIn FlowOut FlowBalance in BankOutstandingDebtorsCreditorsOthersStocksYarnFabricFinished GoodsStoresOthers

Profit & LossPioneer Embroideries Ltd.Division:LasserMonth:Apr'05 to Aug'052. Monthly Profit & Loss AccountParticularTill DateTill DateAmountIn %AmountIn %Sales :Finished goods50,878,155Job Work36,843IST Finished Goods25,005,301IST Job WorkOthers, If any291,530Other Income65,455Less :Sales ReturnFinished goods646,000Job WorkIST Finished GoodsIST Job WorkOthers, If anyTotal75,631,283Stocks :Increase / (Decrease) in Stock0Opening StockFinished goodsJob WorkWork- In - ProcessClosing StockFinished goodsJob WorkWork- In - ProgressIncrease / (Decrease) in StockRaw Material Consumption44,376,112Opening Stock0Yarn0Fabric0Others (incl. Trading of Goods)0Add :Purchases (incld. IST Purchase)44,376,112Yarn6,747,890Fabric24,211,807Others13,416,415Less :Closing Stock0YarnFabricOthersStores & Spares Consumption526,143Opening Stock0Add :Purchases526,143Less :Closing Stock0Gross Profit30,729,029Less:Manufacturing ExpensesWages :1,549,746On Rolls56,458Contractors1,493,288Others0Salaries of Technicals & Others0Staff Welfare0Cutting & Packing charges (incl. IST)1,416,558Provision for Gratuity, Bonus etc.512,135Mending/Shearing Charges867,198Power & Fuel1,508,019Electricity1,508,019Other FuleRepair & Maintenanace366,890Machines253,963Building2,220Others110,707Administrative Exp.5,934,803Salaries1,155,414Staff Wealfare181,558Communication Exp.24,901Rent,Rates & Taxes83,939Legal & Professional Charges0General Expenses47,836Printing & Stationary41,866Vehical Running Exp.58,712Insurance Exp.170,696Travelling & Conveyance Exp.22,212Security Charges142,750Others, If any33,311Allocated Expenses-HO3,250,000Allocated Expenses-Sarigam721,608Selling Expenses2,775,634Freight & Cartage148,003Excise Duty0Others, If any55,339Rate differnece & Contingencies ProvisionsClaimsDiscounts2,572,292Profit / (Loss) before Interest & Depreciation15,798,046Interest on fixed assets & W.C. (HO)9,620,000Other Interest114,982Profit/ (Loss)After Interest but before Depreciation6,063,064Depreciation4,875,000Net Profit / (Loss)1,188,064

Vijayji:Finnacial chgs

BalancesheetPioneer Embroideries Ltd.Division:LasserMonth:Apr'05 to Aug'053. BalancesheetLiabilitiesAmountAmountAs on Current MonthAs on Previous MonthAssetsAs on Current MonthAs on Previous MonthHO169,646,672Fixed AssetsHO-Collection & Payment(17,835,945)Gross Block99,331,995Less : Depreciation4,875,00094,456,995Investments0Branch/DivisionsBranches & Divisions63,990,972Allocated Expenses14,363,288Sundry Creditors:Sundry DebtorsFabric & Yarn3,749,843More than Six MonthExpenses11,459,402Others54,690,521Others7,719,066Loan & advances778,617LoansCash & Bank BalancesOthersCash2,727Bank0Profit & Loss24,817,506StocksMisc. ExpenditureTotal213,919,832Total213,919,8320

BSPioneer Embroideries Ltd.Division: LasserMonth: Apr'06Balance SheetLiabilitiesAmountAssetsAmountas on 30.04.06As on Previous Monthas on 30.04.06As on Previous MonthHO0.0Fixed AssetsHO-Collection & Payment0.0Gross Block$98,974,684Less : Depreciation$975,000$97,999,684Investments0.0Branch/Divisions0.0Branches & Divisions$(99,889,520)-65,433,80196,770,675Allocated Expenses$1,213,00000Sundry Creditors:Sundry Debtors-65,433,801Fabric & Yarn0.0More than Six Month26,833,516Expenses0.0Others$34,455,719Others$13,550,165Sales Branches0.0Loan & advances$717,624Loans0.0Cash & Bank BalancesOthers0.0Cash$916,624Bank0.0Profit & LossAs on 01.04.05 192118380.0Stocks0.000Misc. Expenditure0.0Total0.0Total0.00.0

including closing stock Rs 27189615

Variance1Explanation for major variance in various expenditures:-Sr.DescriptionVarianceRemarksNoIncrease/(Decrease)1SalesIncreased due to sale of old stock1Contributiopn15,673Increased due to conversion to three shift from 2 shift2Store & Spares33,079Excess stores & Spares purchased2Mending Charges89,781Increased due to excess mending.3Repair & Maintenance-Machines19,424Increased mainly due to purchase of laser machine borer.4Printing & Stationary17,885Increased due to purchase of Icard, computer paper, misc stationary items etc.5Staff Welfare5,046Increased due to higher OT during the month.6Rent, Rate & Taxes(6,089)Decreased due to payment made to Joint director foreign trade Rs 6885 in last month.7Rent to Workers(6,850)Decreased in current month due to brokerage of Rs 9200 paid for 2 labour room during last month.8Repair & Maintenance Others5,226Increased due to tempo operating cost due to excess visit to Sarigam.9Selling Expenses(26,892)Decreased due to commission paid in last month.10Interest SIDBI26,603Increased due to accounting of same in current month.11Turnover Discounts & Provision(88,182)Decreased due to lower sale and lower proportion of sale to Kolakata.for bad debtsNote:Expenses incurred on Printing & Stationary, Cutting & Packing, Stores & Spares are booked on purchase basis, hence the same will fluctuate on month to month basis.0

ContentLogo here

PIONEER EMBROIDERIES LIMITED - UNIT-13 REPORTS-May'08MIS-REPORT [JUNE-2008]1] Profit & Loss A/c 2] Contribution Statement 3] Reason for Variance 4] Cash Flow Statement 5] Fund Flow Statement 6] Balance Sheet 7] Debtors Flow Statement 8] Finished Goods Flow 9] Debtors Aging report 10] Creditors Aging report 11] B R S - StatementCompany Name

P & L Profit & Loss a/c for the month of May'2008ParticularsActualBudgetActualActualMay'08June'08June'08Up to June'08Sales :0000Finished Goods - CST Sales0000F G - CST Sales (From godown 12 to Parties)0000Finished Goods - TNGST Sales0000Job Work- CST0000Job Work- TNGST0000IST Sales(and Export thro Ho)0000Job Work- Mending0000Sampling Charges & others0000Less :Sales Return0000Finished Goods - CST Sales0000Finished Goods - CST Sales (at godown 12)0000Finished Goods - TNGST Sales0000Job Work- CST0000Job Work- TNGST0000Inter Stock Transfer - FG0000Job Work- Mending0000Sampling Charges0000Net Sales0000Increase / (Decrease) in Stock0000Opening Stock0000Finished goods0000Semi Finished Goods0000Work- In - Process0000Hakoba factory outlet stocks0000Closing Stock0000Finished goods0000Semi Finished Goods0000Work- In - Process0000Hakoba factory outlet stocks0000Raw Material Consumption0000Yarn0000Fabric0000Others (incl. Trading of Goods)0000Job Work & Proc. Charges Exps0000Gross Profit0000Less:Manufacturing Expenses0000Labour Charges0000On Rolls0000Welfare Expenses0000ESI & P.F0000Provision for Bonus etc.0000Shearing Charges0000Mending Charges0000Cutting & Packing charges0000Cutting Charges0000Packing Charges0000Power & Fuel0000Stores & Spares0000Repair & Maintenanace0000Machines0000Building0000Electrical0000Others0000Personnel Expenses0000Salaries0000Bonus, Gratuity etc.0000ESI & P.F and Dues0000Staff Welfare0000Administrative Exp.0000Insurance Exp.0000Travelling & Conveyance Exp.0000Boarding & Lodging Expenses0000Security Charges0000Legal & Professional Fees0000Printing & Stationary0000Communication Exp.0000Financial Charges0000Rent,Rates & Taxes0000Rent to Employees0000Internal Audit Fees / (Provision reversed)0000Festival Exps/ Puja0000General Exp - ( including other Admn Exp)0000Vehical Running Exp.0000Provision written back0000Interest SIDBI0000Selling Expenses0000Freight & Cartage0000Packing Material0000Repair & Maintenance , Fuel -Tempo0000Turnover Discounts & Commission0000Advertisement Expenses/knit Show0000Allocated Expenses-HO0000Profit / (Loss) before Interest & Dep.0000Interest on fixed assets & W.C. (HO)0000Profit/ (Loss)After Interest but before Depreciation0000Depreciation0000Net Profit / (Loss)0000

&L&16MIS-1&C&14Page &P of &N&RMay 2008&C&14Company NameCommission & BrokerageBank Chgs EtcDeepak:Electric Repair & Ofice Repair

ContContribution Statement1-JUNE-2008 to 31-JUNE-2008No. of shifts00000Actual for P.MonthBudgeted for MonthBudgeted Upto MonthActual for MonthActual upto MonthParticularsTotalPer shiftTotalPer shiftTotalPer shiftTotalPer shiftTotalPer shiftCONTRIBUTION0000000000AManufacturing Charges0020,273,42100Labour Charges00006,515,74000000Direct005,635,74000Welfare00880,00000Bonus etc. to Direct Labour00000Incentive to Labour0000000Shearing Charges000000000Mending Charges00002,555,00000000Cutting & Packing Charges0000272,00000000Cutting Charges00272,00000Packing Charges0000000Power & Fuel00002,475,00000000Stores & Spares0000488,00000000Repair & Maintainance00002,193,00000000Machines00959,00000Building00000Electrical / Others001,234,000000Personnel Expenses00005,774,68100000Salaries005,231,76500Bonus, Gratuity etc.00487,91600Staff Welfare0055,00000BOther Administration Charges00001,864,50000000Insurance Expenses00253,00000Travelling,Conveyance & Boarding & Lod00165,00000Security Charges00242,00000General Exp.(other admin exp)00000Printing & Stationery0077,00000Communication Expenses00220,00000Financial Charges00110,00000Rent, Rates & Taxes0055,00000Legal and Professional Charges0082,50000Rent to Employees00330,00000Internal Audit Fees00110,00000Festival Exps00000Repair & Maintanence Exp. (Others)00000Vehicle Running Expenses00220,00000Sundry Dr/Cr writeoff/writeback A/c00000Interest SIDBI00000CSelling Expenses0000275,00000000Freight & Cartage00187,00000Packing Material0088,00000Repair & Maintenance Vehicle00000Turnover Discount & Commission00000Advertisement Expenses/knit Show00000DAllocated Expenses0000000000Manufacturing Exps before000022,412,92100000Interest & DepreceiationEInterest (On Fixed Assets & W.C.)0000000000Manufacturing Exps before Dep.000022,412,92100000FDepreciation0000000000Total Manufacturing Expenses000022,412,92100000Profit/(Loss) after all expenses0000(45,412,921)00000

&L&14MIS-2&C&14Page &P of &N&RMay 2008&C&14Company NameDeepak:Electric Repair & Ofice Repair000

ReasonReason for variancesMAY '081. Contribution:-BCDETotal7Target StichesNos52,068,0768Budgeted StichesNos61,325,7209Actual StichesNos27,438,73010Budgeted Efficiency%117.78=D8/D7*10011Actual Efficiency%52.70=D9/D7*10012Budgeted ContributionRs8,892,0006,310,664=D12-D1313Actual ContributionRs2,581,33614Budgeted Rate / 1000 stitchesRs10.284,090,017.09=D9*14.5/1000*D1415Rate per 1000 StichesRs6.491,508,681.09=E14-D13161718Gain / (Loss) in Contribution due to Rate:-Weighted Mtrsefficeincy19Budgeted RateRs10.28=D1440014.5580020Actual RateRs6.49=D1526020.365293.621Difference LossRs(3.79)=D20-D1966034.861109416.8122Gross Loss due to Rate DiffRs$(1,508,681)=D9*14.5/1000*D212324Budgeted StichesNos61,325,72025Actual StichesNos27,438,73026DifferenceNos33,886,990=D24-D2527Loss due to lower efficiencyRs5,051,195=(D26 x 14.5 / 1000) x 10.282829Breakup of Loss due to Lower Efficiency3031Electrical & Mechanical Break downRs50993632No operatorRs10291433Program changeRs22933534OthersRs282712035TotalRs3,669,30637Total loss due to other FactorRs8,720,501=D27+D3538Net Loss due to Rate DiffRs(10,229,182)=D22-D37* Saleable mtrs = 14.5 Mtrs. (Average of 16 machines @ 14mtrs, 2machines @ 19mtrs)

&L&16MIS-3&R&16May 2008&C&16Company Name

C F Cash Flow Statement for the month of June-2008ParticularsCASH INFLOWSAmount (Rs)Opening Balance0.0Collection from Parties0.0Collection From BranchBranc A0.0Branc B0.0Branc C0.0Branc D0.0Received from HO0.0Other Recovery \ Adjustment0.0Total0.0CASH OUTFLOWSSalary, Wages and other Allowances0.0Electricity Chgs0.0Communication Exp0.0Statutory Liabilities0.0Sundry Creditors0.0Sundry Debtors0.0Expenses Advance0.0Advances agst Salary \ Wages0.0Loan to workers \ Staff0.0Secured Loans0.0Head Office0.0Branch \ Division0.0Financial Charges0.0SIDBI Payments0.0Cash Expenses ( Routine)0.0Closing Balance0.0Total0.0Breakup for Closing BalanceCash in hand0.0Cash at Bank (BRS enclosed)0.0Total0.0

&L&16MIS-4&R&16May 2008&C&16Company Name0.00.0

FFFunds Flow Statementfor the month of May'08Sources of FundsAmountApplication of FundsAmount(Rs)(Rs)Net Profit as per Profit & Loss Account0.0Vehicle Loan1decrease in Working Capital6Fixed Assets1Ho allocation expenses1Allocated Interest1Allocated Depreciation1Branch and Division1Total6Total6

&L&16MIS-5&R&16May 2008&C&16Company Name here

Balance sheetCompany NameBalance Sheet as on 31.5.2008Figures in RupeesASSETSLIABILITIESCurrent AssetsCurrent LiabilitiesCash in hand0Payment Due to Employees0Bank Accounts0Provisions & Payables0Accounts receivable0Statutory Liabilities0Advance Paid to creditors0Duties & Taxes Payable0Inventory0Accounts Payable0Loans, Advance & Deposists0Advance received from debtors0Cheque in transit0SIDBI Direct Payment A/c0Total Current Assets0Total Current Liabilities0Fixed AssetsLoan LiabilityLand & Development0Secured Loans0Online UPS0Buildings0(less accumulated depreciation)0Branch / DivisionsPlant and Machinery0Head Office accounts0(less accumulated depreciation)0Chennai sales Office0Furniture and fixtures0Bobbin Lace Expansion Unit0(less accumulated depreciation)0Other Branch / DivisionsMotor Car0Total Branch / Divisions0(less accumulated depreciation)0Computer0(less accumulated depreciation)0Profit/(Loss)Office Equipments0Opening Balance0(less depreciation reserve)0Current Period-Loss0Total Net Fixed Assets00.TOTAL ASSETS0TOTAL LIABILITIES0

&L&16MIS-6&R&16May 2008&C&16Company Name

Drs FlowSummarised Details Of Sales and Collection for the month of June'08P a r t i c u l a r sAmountAmountRs.Rs.Opening Balance of Debtors0.0Less:-Credit balance adjusting with debtors0.0Net opening balance of debtors0.0Add:-Bills Raised during the month0.0By PEL-Coimbatore (Excluding IST sales)0.0Sales -TNGST0.0Sales -CST0.0Sales - TNGST -JW0.0Sales -CST-JW0.0Sales -Sampling Charges0.0Adjustment on Sales0.0Rate Diff /reco/other adj0.0Carriage outward sales /Inwards debited0.0Cheque payment returned0.0CST 4%0.00.0Less:-Collection during the month0.00.0Cheques received0.0PEL-Export0.0Collected by Head office0.0Adjustments on Collection0.0Goods returns and all0.0Expenses Debited reversed/Rate Diff0.0Sampling Charges reversed/refunded0.0TDS Certificates received0.0Closing Balance of Debtors0.0AS PER TALLY ACCOUNTS0.0DIFF-(Credit balance adjusting with debtors)0.00.0AS PER DEBTORS AGING SCHEDULE0.0DIFF-(Credit balance adjusting with debtors-M/s If any customer having)0.0

&L&16MIS-7&R&16May 2008&C&16Company Name

FG FFinished Goods Flow for the month of June'2008P a r t i c u l a r sAmountRs.Opening Balance of FG (as on 1.6.2008)12,956,266Add:-Inwards1,443,549From SF InventoryDescriptionUomQty@Rs.Embroideries Fabric in LacesPatties7729.00048.58375,483PV EmbroderiesMtrs2225.90082.00182,524Cotton EmbroideriesMtrs3623.000241.41874,628Total1,432,6351,432,635From Sales ReturnDescriptionUomQty@Rs.PV EmbroderiesMtrs133.10082.0010,914Total10,91410,914Less:-Outward265,060Dispatched to customer (Stock Value)DescriptionUomQty@Rs.4492Patties2190.00030.00065,7004611Patties4362.00045.000196,290R-5854Patties36.00033.0001,188Pelc-1740-4Mtrs14.00038.000532Total263,710263,710Used for Sample (Stock Value)DescriptionUomQty@Rs.4611Patties10.00045.00450C-701 SkinPatties8.00090.00720C-1568 SkinPatties2.00090.00180Total1,3501,350Closing Balance of FG Inventory as on 31.05.200814,134,755Note :-1] Sales return from Saranya Garments2] Sales Value of Finished goods sold Rs.286892/-DescriptionUomQty@Rs.4492.000Patties2190.00030.00065,7004611.000Patties4362.00050.000218,100R-5854Patties36.00054.0001,944Pelc-1740-4Mtrs14.00082.0001,148Total286,892

&L&16MIS-8&R&16May 2008&C&16Company Name

Debtors aging Company Name hereDebtors Aging as on 31-05-2008PendingA g e w i s e D u eS.NParticularsAmountUp to 3031 to 60 Days61 - 90 Days91-180 Days181-365 Daysabove 1 Year1Debtors-Region A152,4094,27012,93615,96019,24325,3271,8763,4513440440475,46075,4605281,62831,13464,76629,580156,1486322322766,22665,722266238481,812103,002156,61345,540175,6571,00002Debtors-Region B11,6881,688213,1661,00012,1363039,4209,42049,9559,95534,229001,00012,1363021,063G.Total516,041103,002156,61346,540187,7931,03021,063

&L&16MIS-9&R&16May 2008&C&14Company Name here

Creditors agingCompany NameDebtors Aging as on 31-06-2008Sr. NoParticularsTOTALAMOUNTUPTO30 Days31 - 60 Days61 - 90 Days91-180 Days181-365 Daysabove 1 YearACreditors-AMC1Megatech Engineers12,24212,24212,24212,242BCreditors - Fuel, Stores & Consu.,1105,57332,88437,67435,015225,5162,61320,3502,50152331,46531,46542,5832,58352602606181,23925,69640,156115,387T o t a l346,63667,22246,04680,331150,4540.02,583CCreditors - Job Work137,99137,991216,43316,433347,35047,350418,97718,977560,92560,92561,1441,144753,71553,715859,59659,596911,01211,012T o t a l307,142192,68753,7150.059,5960.01,144DCreditors - legal & Listing126,90413,4526,7266,726T o t a l26,90413,4520.06,7266,7260.0ECreditors -Ele & Miscellaneous152,21652,216220,21534310,8009,07237,4807,4804777,827777,82753,6723,672674574571,9131,913827,34511,43315,912912,2108,9883,222T o t a l903,623839,3741,91322,23328,20674511,152FCreditors-Courier, Printg & Stationery16,5802,4501,0603,07021,2001,20033,2063,2060.0T o t a l10,9865,6561,0600.03,0701,200GCreditors - Raw Materials141,13641,136293,02893,0283667,814533,177107,80626,83142,391,5672,004,277341,7367,7744,91232,868548,32748,32768,0958,09575,3775,377T o t a l3,255,3442,545,549449,5427,7745,37753,239193,863HCreditors - Transports & Clearing163,36833,98529,383269,27860,4558,82332,3992,399T o t a l135,04594,44038,2060.02,399G T o t a l4,997,9223,770,622590,482117,064253,42955,184211,141

&LMIS-10&CPage &P of &N&RMay 2008&CCompany Name Here

BRSCompany Name hereCoimbatore-19BRS as on 30th June '2008 [Bank Name and Branch Place](Reconciliation)DateParticularsVch TypeBank DateDebitCredit09/04/2008Bank Payment5760.0021/06/2008Bank Receipt-UBI31152.0025/06/2008Bank Payment104708.0028/06/2008Bank Payment6500.0030/06/2008Bank Payment224111.0030/06/2008Bank Payment62500.0030/06/2008Bank Payment111002.0030/06/2008Bank Payment62917.0030/06/2008Bank Payment43716.0030/06/2008Bank Payment63577.0030/06/2008Bank Payment106219.0030/06/2008Bank Payment95057.0030/06/2008Bank Payment215988.0030/06/2008Bank Payment63618.0030/06/2008Bank Payment108060.0030/06/2008Bank Payment152951.0030/06/2008Bank Payment63963.0030/06/2008Bank Payment106436.0030/06/2008Bank Payment106518.0026/06/2008Bank Receipt-UBI01/07/200844600.0026/06/2008Bank Payment01/07/2008529.0026/06/2008Bank Payment01/07/20081140.0028/06/2008Bank Receipt-UBI01/07/20085832.0028/06/2008Bank Receipt-UBI01/07/20089547.0030/06/2008Bank Receipt-UBI01/07/20083220.0026/06/2008Bank Payment02/07/20082716.0030/06/2008Bank Receipt-UBI02/07/200821210.0030/06/2008Bank Payment02/07/20082247.0030/06/2008Bank Receipt-UBI02/07/200816013.0030/06/2008Bank Receipt-UBI02/07/20081644.00Balance as per Company Books :310512.57Amounts not reflected in Bank :133218.001710233.00Balance as per Bank :1887527.57

&L&16MIS-11&R&16May 2008&C&16Company Name

PLPioneer Embroideries Ltd.Division: LasserMonth: Apr'05 to Nov'05Monthly Profit & Loss AccountParticularApr'05 to Oct'05Oct'05Nov'05Apr'05 to Nov'05Profit as per TallyAmountIn %AmountIn %AmountIn %AmountIn %Sales :Finished goods$66,495,967$60$8,333,048$560.00.00.00.099,545,4230.0Job Work$6,473,872$6$1,816,856$120.00.00.00.05,203,4140.0IST Finished Goods$38,247,347$35$4,842,996$330.00.00.00.094,342,0090.0IST Job Work0.00.00.00.00.00.00.000.0Others, If any$310,760$0$13,042$00.00.00.00.00.0Other Income$148,760$0$58,685$00.00.00.00.00.00.0Less :Sales Return0.00.0Finished goods$924,466$1$247,142$20.00.00.00.00.00JJ sons Sales return booked twicely.0.0Job Work0.00.00.00.00.00.00.00.0adjusted with debtors0.0IST Finished Goods0.00.00.00.00.00.00.00.00.0IST Job Work0.00.00.00.00.00.00.00.00.0Others, If any0.00.00.00.00.00.00.00.00.0Total$110,752,240$100$14,817,485$1000.00.00.00.00.00.0Increase / (Decrease) in Stock$(2,105,939)$(2)0.00.0$2,436,2550.0$330,3150.00.00.00.00.00.0Opening Stock$20,933,6160.0$18,827,677$20,933,6160.0Finished goods$19,500,662$17,767,983$17,767,983$19,500,6620.0Job Work0.00.00.00.00.0Work- In - Process$1,432,954$1,059,694$1,059,694$1,432,9540.00.0Closing Stock$18,827,6770.0$21,263,932$21,263,9320.0Finished goods$17,767,983$17,767,983$19,945,245$19,945,2450.0Job Work0.00.00.00.00.0Work- In - Progress$1,059,694$1,059,694$1,318,687$1,318,6870.00.0Increase / (Decrease) in Stock$(2,105,939)$(2)0.00.0$2,436,2550.0$330,3150.00.00.00.00.00.00.0Raw Material Consumption$54,056,624$49$6,564,039$440.00.00.00.00.00.00.00.00.0Opening Stock$3,755,999$30.00.0$5,427,3240.0$3,755,9990.00.00.00.00.00.00.0Yarn$956,933$1$3,845,960$26$3,614,6310.0$956,9330.00.0Fabric$2,799,066$3$1,523,527$10$1,812,6930.0$2,799,0660.00.0Others (incl. Trading of Goods)0.00.00.00.00.00.00.00.00.00.00.00.00.00.0Add :Purchases (incld. IST Purchase)$55,670,112$50$6,564,039$440.00.00.00.00.00.00.00.00.00.0Yarn$14,167,469$13$2,447,693$170.00.00.00.00.0Fabric$23,426,377$21$1,693,312$110.00.00.00.01,343,8440.0Others (incld. Tradinf of goods)$18,076,266$16$2,423,034$160.00.00.00.00.00.00.00.00.0Less :Closing Stock$5,369,487$50.00.0$8,126,7920.0$8,126,7920.00.00.0Yarn$3,845,960$3$3,845,960$26$5,234,5830.0$5,234,5830.00.0Fabric$1,523,527$1$1,523,527$10$2,892,2090.0$2,892,2090.00.0Others0.00.00.00.00.00.00.00.00.00.0Stores & Spares Consumption0.00.00.00.00.00.00.00.00.00.00.0Opening Stock0.00.00.00.00.00.00.00.00.00.00.0Add :Purchases0.00.00.00.00.0526,1430.00.00.00.00.0=905+59771+291825+173642.130.0Less :Closing Stock0.00.00.00.00.00.00.00.00.00.0Job Work & Processing Charges Exps$7,632,583$7$983,091$70.00.00.00.00.00.00.00.00.000.0Gross Profit$46,957,094$42$7,270,355$490.00.00.00.00.00.00.00.00.00.0Less:Manufacturing Expenses0.00.0Stores & Spares Consumption$733,273$1$76,318$10.00.00.00.00.00.00.00.00.00.0Wages :$2,685,768$2$375,000$30.00.00.00.00.0On Rolls$56,458$00.00.00.00.00.00.00.0Contractors$2,092,156$2$300,000$20.00.00.00.00.0Others (Incentives)0.00.00.00.00.00.00.00.00.0Provision for Gratuity, Bonus etc.$537,154$0$75,000$10.00.00.00.00.0Salaries of Technicals & Others0.00.00.00.00.00.00.00.0Staff Welfare0.00.00.00.00.00.00.00.00.00.00.00.00.00.00.0Cutting & Packing charges$2,242,399$2$552,579$40.00.00.00.00.0Shearing Charges$59,759$0$1,679$00.00.00.00.00.0Mending Charges$1,097,658$1$156,933$10.00.00.00.00.00.00.00.00.00.0Power & Fuel$2,061,184$2$300,537$20.00.00.00.00.0Electricity$2,061,184$2$300,537$20.00.00.00.00.0Other Fule0.00.00.00.00.00.00.00.00.00.00.00.00.0Repair & Maintenanace$434,282$0$30,100$00.00.00.00.00.00.00.00.00.00.0Machines$298,253$0$19,375$00.00.00.00.00.0Building$8,895$00.00.00.00.00.00.00.0Others$127,134$0$10,725$00.00.00.00.00.00.00.00.00.00.0Administrative Exp.$8,832,685$8$1,365,704$90.00.00.00.00.00.00.00.00.00.0Salaries$1,945,984$2$337,485$20.00.00.00.00.0Staff Wealfare$267,737$0$35,396$00.00.00.00.00.0Communication Exp.$30,256$0$3,518$00.00.00.00.00.0Rent,Rates & Taxes$86,639$0$2,700$00.00.00.00.00.0Legal & Professional Charges0.00.00.00.00.00.00.00.00.0General Expenses$68,329$0$6,136$00.00.00.00.00.0Printing & Stationary$59,266$0$8,966$00.00.00.00.00.0Vehical Running Exp.$94,118$0$26,549$00.00.00.00.00.0Insurance Exp.$230,625$0$28,687$00.00.00.00.00.0Travelling & Conveyance Exp.$29,571$0$2,950$00.00.00.00.00.0Security Charges$196,253$0$25,092$00.00.00.00.00.0Festival Exps0.00.00.00.00.00.00.0Others, If any$40,111$0$4,200$00.00.00.00.00.00.00.00.00.00.0Allocated Expenses-HO$4,550,000$4$650,000$40.00.00.00.00.0Allocated Expenses-Sarigam$1,233,797$1$234,026$10.00.00.00.00.00.00.00.00.00.0Selling Expenses$3,707,957$3$416,165$30.00.00.00.00.00.00.00.00.0Freight & Cartage$161,042$0$13,654$00.00.00.00.00.0Excise Duty0.00.00.00.00.00.00.00.00.0Others, If any$120,663$0$14,044$00.00.00.00.00.0Rate differnece & Contingencies Provisions0.00.00.00.00.00.00.0Claims0.00.00.00.00.00.00.0Discounts$3,426,252$3$388,467$30.00.00.00.00.00.00.00.00.00.0Profit / (Loss) before Interest & Dep.$25,102,130$23$3,995,341$280.00.00.00.00.00.00.00.00.00.0Interest on fixed assets & W.C. (HO)$13,468,000$12$1,924,000$130.00.00.00.00.0Other Interest$131,005$0$8,834$00.00.00.00.00.00.00.00.00.00.0Profit/ (Loss)After Interest but before Depreciation$11,503,125$10$2,062,507$140.00.00.00.00.00.00.00.00.00.0Depreciation$6,825,000$6$975,000$70.00.00.00.00.00.00.00.00.00.0Net Profit / (Loss)$4,678,125$4$1,087,507$80.00.00.00.00.04,135,7580Note:-The profit as per books exceeds the profit as per contribution sheet on account of timing difference and trading of goods.4,635,7580.08,500,6760.0

Vijayji:Finnacial chgs

TBTrial BalancePEL - Lasser Unit1-Apr-2005 to 31-Dec-2005Date:10.11.050.00ParticularsDebitCreditACurrent Liabilities0.000.001Provisions & Payables0.002Statutory Liabilities0.000.003Sundry Creditors0.000.001Creditors- Fabric0.000.002Creditors - Import0.000.00Provision Taken3Creditors - Job Work0.000.004Creditors - Mending0.000.005Creditors - Misc Exp0.000.006Creditors - Packing Material0.007Creditors - Stores & Spares0.008Creditors - Trading Goods0.009Creditors - Yarn0.000.0010Bakshish Enterprises0.0011Exciting Fashions & Emb.Pvt..Ltd0.0012HSP Corporation0.0013I A Shaikh & Co0*014Shree Ganesh Engineering0.0015Small Industries Development Bank of India0.004Allocation of Expenses0.005Outstanding Liabilities0.0027,000.00NeedleBFixed Assets0.001CAP. WIP & PRE-OP. EXPENSES0.002Air Conditioner0.003Building0.004Computers0.005Electrical Installation0.006Furniture & Fixtures0.007Office Equipment0.008Plant & Machinery0.009Plant & Machinery-Bobbin Winder0.0010Plant & Machinery - Mending0.0011Plant & Machinery - Sampling 3yrds0.0012Plant & Machinery - Shearing Machine0.0013Weighing Scale0.00CCurrent Assets0.000.001Loans & Advances (Asset)0.000.001ADVANCE TAX & TDS0.002Imprest Account0.000.003Receivables0.004Deposits (Asset)0.005Loans & Advances (Asset)0.000.002Sundry Debtors0.000.001Debtors - Amit Bhansali0.000.002Debtors- Binod Bhojak0.000.003Debtors- Bishal Lunia0.000.004Debtors- Hakoba0.005Debtors - Hemant Mehta0.000.006Debtors - Jitendra Pugalia0.000.007Debtors - Manali0.000.008Debtors - Manmohanji0.000.009Debtors - Manoj Dugar0.000.0010Debtors - Marketing0.0011Debtors - Others0.0012Debtors - Pravin Naik0.000.0013Debtors - Rakesh Parakh0.0014Debtors - Ravi Kaushik0.000.0015Debtors- Sarigam Factory0.0026,000.00Salary adjusted16Debtors - Shushant0.001,000,000.00Fabric adjusted17Bafana0.001,000,000.00Trading of Goods18B G Exim0.0019Embroitex India0.0020Florance Creation0.0021Gokuldas Images Pvt.Ltd0.0022Jai Creation0.0023Jai Tex Art0.0024Mahavir Traders0.0025Naresh Jain0.0026Vandesh Corporation0.003Cash-in-Hand0.000.004Prepaid Expenses0.005Prepaid Insurance0.00DBranch / Divisions0.000.001Branch Exp.A/c0.002Branch-Sales0.000.003PEL-Sarigam UNIT 12 GODOWN0.000.004Head Office-Collection & Payment0.005Multihead Collection & Payment0.000.006Pel-Bhiwandi0.007Pel-Bobbin Lace0.008Pel Coimbatore0.009Pel-Exhibition-Mumbai0.0010PEL - Export0.0011Pel -General Div. - Naroli0.0012Pel-General Sarigam-Unit 120.0013Pel-Gen-Sarigam0.0014Pel-Head Office[Mumbai]0.0015PEL - Multihead Emb Unit0.0016Pel-Sale Div-Sarigam Unit 120.0017Pel - Sales Div - Naroli0.0018Pel-Sales Div-Sarigam0.0019Pel - Sales Exhibition - Sarigam0.00ESales Accounts0.000.001Sales F.G.0.00FG2Sales F.G - Duty Paid- Godown0.00FG3Sales Raw Materials0.00Yarn RM4Design Devlopment Charges0.00other5Freight Realised0.00other6Sale F G OMS - Unit No 120.00FG7Sales - F G Local Unit No 120.00FG8Sales - Jobwork - Local0.00JW9Sales-Jobwork-OMS0.00JW10Sales Other - Local0.00other11Sales Others - OMS0.00other12Sales Return0.00FG130.000.00FGFPurchase Accounts0.000.001Purchase Bills to Pass0.00Yarn2Purchase Expenses0.00Fab1Coolie & Cartage - Purchase0.002Courier Charges:Purchase0.003Freight & Octroi - Purchase0.004Octroi:Purchase0.003Purchases Import6,919,769.00yarn1Import Exps630,519.00yarn2Purchase-Fabric Import2,962,447.00Fabric3Purchase-Yarn Import3,326,803.00yarn1,050,000.004Purchase - Yarn0.000.00yarnYarn Import1Purchase Return - Yarn0.002Pur - Yarn - IInd Sale - Local0.003Pur Yarn IInd Sale - OMS0.004Vatv Purchase-Yarn312.00Yarn5Dyeing & Processing Exp0.00Fab6Goods in Transit0.00Others7Purchase Fabric - Local0.00Fab8Purchase - Fabric - Oms0.00Fab9Purchase-Job Work Charges0.00Fab10Purchase-Laces-Oms0.00Others11Purchase-Packing Mat - Local0.00PackSelling12Purchase - Packing Mat - Oms0.00PackSelling13Purchase Rtn0.00Fab14Purchases - Needles0.00Store15Purchase Stores & Spares0.00Store16Purchase Trading Goods OMS0.00Others17Twisting Charges0.00yarn18Vatv - Purchases0.00Fab19Vatv - Purchases- Fabric0.00Fab20Yarn Jobwork0.00yarnGDirect Expenses0.000.001MANUFACTURING EXP.0.000.001LABOUR INCENTIVE0.02R & M - Factory0.03Embroidery Charges (Jobwork)0.0Job4Job Work Exp.0.0Job5Mending Charges0.0Mend6Mending Charges - Sarigam 120.0Mend7Shearing Charges0.0Mend2Purchase - Stores & Spares0.00Store3Cutting & Packing Charges0.00Pack4Labour Charges0.00wages5Stores & Spares0.00StoreHIndirect Incomes0.000.001Cheque Rtn Charges0.002Misc.Income0.003Sundry Balances Write Off A/c0.00IIndirect Expenses0.000.001ADMINISTRATIVE EXP.0.001Insruance Expenses0.020,000.002Travelling & Conveyance0.0Insurance Charges3Electricity Charges0.04Diwali Expenses0.05Internal audit Fees99,180.006Other General Exp.0.07Printing & Stationery0.08Round Off0.02Allocated Expenses:Head Office0.000.001Allocated Expenses-Head Office0.02Depreciation0.03Interest (On Fixed Assets & W.C.)0.04Labour Charges:Allocated0.0wages5Rent:Allocated0.03Communication Expenses0.004Financial Charges0.000.001Interest Expenses0.02Bank Charges0.03L/C Charges0.05PAYROLL EXP.0.000.001Incentives to Staff0.02P F & ESIC Exp.0.03Bonus0.0wages4Balance Heads0.04Books & Periodicals0.05Conveyance Allowance0.06Educational Allowance0.07Food Allowance0.08H R A0.09Leave Salary0.010Leave Travel Allowance0.011Medical All/reimb0.012Salaries0.013Special Allowance to Staff0.014Stipend0.015Uniform Allowance0.06RENT RATES & TAXES0.07Repair & Maintanence Exp.0.000.001R & M - VEHICLE0.02R&M Building0.03R & M - Computer0.04R & M - Electricals0.05R & M - Furniture0.06R & M - Office Equipment0.07R & M - Others0.08R & M Vehicle (Tempo)0.08SELLING EXP.0.000.001Discount on Sales0.02Commission & Brokerage - Sale0.03Coolie & Cartage - Sales0.04Freight & Octroi - Sales0.05Octroi: Sales0.06Packing Charges0.07Sampling Charges0.09Allocated Exp- Sarigam 120.010Exchange Rate Fluctuation0.00.011Security Charges0.0JInter Stock Trf - Purchase0.000.001Ist- Purchase0.000.001IST- Purchase-Exhibition Borivali0.0fab2Ist-Purchase-Fabric-Bhiwandi0.0fab3Ist-Purchase-Yarn-Bhiwandi0.0yarn2IST - Packing Mat - Coimbatore0.0pack3Ist-Purchase-Fabric-Naroli0.0fab4Ist-Purchase-Fabric-Sarigam0.0fab5Ist-Purchase-Fg-Sarigam Unit 120.0fabSarigam Purchased6Ist-Purchase-Jobwork-Fabric-Srg0.0job410,099.007Ist-Purchase-Job Work-Multihead0.0job8Ist - Purchases Delhi0.0fab9Ist - Purchases - Sarigam - Godown0.0fab10Ist - Purchase - Yarn - Multihead0.0yarn11Ist-Purchase-Yarn-Naroli0.0yarn12Ist-Purchase-Yarn-Sarigam0.0yarn13Ist Purch Fabric Kolkatta0.0fab14Ist Purch Fabric - Surat0.0fab15Ist Purch Yarn Coimbatore0.0yarn16Ist Pur - Fabric Coimbatore0.0fab17Ist - Pur - Packing Mat - Sarigam0.0pack18Ist Pur - Sales Offfice T/T0.0fab19Ist - Pur - Store & Spares- Sarigam17,025.00storeKInter Stock Trf - Sales0.000.001IST - F.G.0.0FG2IST - Raw Materials0.000.00RM1Ist-Sale-Fabric-Multihead0.00Fab2IST-Sale-Fabric-Naroli0.00Fab3IST - Sale Fabric - Pel Coimbatore0.00Fab4Ist-Sale-Fabric-Sarigam0.00Fab5Ist-Sale-Yarn-Multihead0.00yarn6Ist-Sale-Yarn-Naroli523,142.00yarn7IST - Sale Yarn - Pel Coimbatore0.00yarn8Ist-Sale-Yarn-Sarigam0.00yarn3Vatav - IST0.0FGLProfit & Loss A/c33,224,487.76Grand Total0.000.000.00Opening Stock as on 01.04.05Yarn956,933.00Fabric2,799,066.00Semi Finished Goods (Less 20%)1,432,954.40Unit 12 (Less 20%)11,500,662.00Godown8,000,000.0024,689,615.40Closing Stock as on 31.07.05Yarn2,928,729.00Fabric1,175,260.00347,990.00Semi Finished Goods (Less 20%)4,890,348.80Unit 12 (Less 20%)16,399,162.40Godown4,800,000.0030,193,500.20(5,503,884.80)Closing Stock as on 31.08.05Yarn3,220,560.00Fabric1,786,899.00Semi Finished Goods (Less 20%)2,958,840.00Unit 12 (Less 20%)13,298,692.80Godown4,300,000.0025,564,991.804,628,508.40(875,376.40)Closing Stock as on 30.09.05Yarn3,845,960.00Fabric1,523,527.00Semi Finished Goods (Less 20%)1,059,694.00Unit 12 (Less 20%)13,967,983.20Godown3,800,000.0024,197,164.201,367,827.60492,451.20Closing Stock as on 31.10.05Yarn3,614,631.00Fabric1,812,693.00Semi Finished Goods (Less 20%)236,126.00Unit 12 (Less 20%)15,233,714.40Godown3,300,000.0024,197,164.40(0.20)5,996,335.80Closing Stock as on 30.11.05Yarn5,234,583.00Fabric2,892,209.00Semi Finished Goods (Less 20%)1,318,687.00Unit 12 (Less 20%)17,145,244.80Godown2,800,000.0029,390,723.80(5,193,559.40)(3,825,732.00)Closing Stock as on 31.12.05Yarn4,542,907.00Fabric2,750,612.00Semi Finished Goods (Less 20%)2,544,278.00Unit 12 (Less 20%)16,557,316.00Godown2,800,000.0029,195,113.00195,610.80(4,997,948.80)

StockIncrease In StockOpening StockWIPFGClosing StockWIPFGOpening Stock0.0$8,022,083$5,189,849$7,016,1490.00.0Yarn0.0$4,746,412$5,189,849$5,189,8490.0Fabric0.0$3,275,6710.0$1,826,3000.0Others (incl. Trading of Goods)0.00.00.00.00.00.0Add :Purchases (incld. IST Purchase)0.0$3,965,839$2,072,247$2,072,247$2,072,2470.0Yarn0.0$1,640,371$1,173,154$1,173,1541,173,154Fabric0.0$903,481$899,093$899,093899,093Others (incld. Trading of goods)0.0$1,421,9870.00.0Royal & sarigam0.0Less :Closing Stock0.0$8,122,083$6,582,617$6,582,617433,5320.00.0Yarn0.0$4,946,412$5,020,979$5,020,9790.0Fabric0.0$3,175,671$1,561,638$1,561,6380.0Others0.00.00.00.00.00.0Closing Stock0.0$8,122,0830.0$1,342,024$1,163,755Yarn0.0$4,946,412$5,020,979$5,020,979Fabric0.0$3,175,6710.00.0Others0.00.00.0

TB-NewTrial BalancePEL - Lasser Unit1-Apr-2006 to 30-Apr-2006ParticularsDebitCreditACURRENT LIABILITIES & PROVISIONS1,506,474.0017,244,639.341PROVISIONS & PAYABLES0.06,349,481.001Wages / Salary Payable0.0200,213.002Allocation of Expenses0.02,188,000.003Cutting & Packing Payable0.03,425.0018452Feb4Outstanding Liabilities0.03,566,283.005Provision for Expenses0.0279,560.006Water Charges Payable0.0112,000.002STATUTORY LIABILITIES0.0462,727.973SUNDRY CREDITORS1,506,474.0010,432,430.37BFIXED ASSETS98,974,683.990.0CCURRENT ASSETS, LOANS & ADVANCES36,301,908.62211,942.001LOANS & ADVANCES (ASSET)761,134.0043,510.001Advance Tax & TDS Receivables215,136.000.02Advance Against Order & Expenses4,509.000.03Prepaid Expenses78,341.000.04Staff Loan & Advances275,248.0043,510.005Sundry Deposits187,900.000.02SUNDRY DEBTORS34,624,150.62168,432.003CASH-IN-HAND916,624.000.0DBRANCH / DIVISIONS128,020,791.70227,910,311.5199,889,519.81ESALES ACCOUNTS0.06,166,967.006,166,967.001SALES-FINISHED GOODS0.06,079,487.00FG2SALES-JOB WORK0.011,189.00JW3SALES-OTHERS0.038,967.00OTHER1Design Devlopment Charges0.0Other Income2Freight Realised7,162.00Other Income3Sales-Other-Local16,805.00OTHER4Sales-Others-OMS0.05Sampling Charges Received15,000.00OTHER4SALES-RAW MATERIAL0.037,324.00YARNFPURCHASE ACCOUNTS2,850,941.000.0(2,850,941.00)1Purchase Bills to Pass0.00.0other2Purchase Expenses42,694.000.0FAB3Purchase Import2,507.000.01Import Expenses2,507.000.0YARN2Puchases - Store - Import0.00.0STORE3Purchase - Fabric - Import0.00.0FAB4Purchase - Yarn - Import0.00.0YARN4Purchase Job Work0.00.01Embroidery Charges (Jobwork)0.00.0JW2Job Work Exp.0.00.0JW3Purchase - Job Work Charges0.00.0JW5Purchase Packing Materials17,236.000.0PACK6Purchase Raw Material2,741,362.000.01Fabric1,431,776.000.0FAB2Yarn1,309,586.000.0YARN7Purchase Semi Finished Goods0.00.01Goods in Transit0.00.0OTHER2Purchase - Laces - Oms0.00.0OTHER3Purchase Rtn0.00.0OTHER4Purchase Trading Goods OMS0.00.0OTHER8Purchase Store & Spares47,142.000.0STORE1Store & Spares47,142.000.0Needles14,460.000.0Other Store & Spares32,682.000.0GDIRECT EXPENSES945,400.000.0(945,400.00)1LABOUR EXPENSES351,300.000.0Labour1Incentives to Workers5,075.002Labour Charges317,105.003Security Charges29,120.002MANUFACTURING EXP.594,100.000.01Dyeing & Processing0.00.0FAB2Cutting & Packing Charges160,740.000.0Pack27700salary3Electricity Charges292,052.000.0Elect4Mending Charges141,308.000.0Mend5Mending Charges - Sarigam 120.00.0Mend6Shearing Charges0.00.0Shearing7Twisting Charges0.00.0YARNHINDIRECT INCOMES0.280.0other1Cheque Rtn Charges0.00.02Misc Income0.00.03Sundry Balances Write Off A/c0.280.0IINDIRECT EXPENSES4,022,072.620.01ADMINISTRATIVE EXPENSES41,898.620.01Communication Expenses3,667.000.02General Expenses2,406.120.0Festival Expenses0.00.0Other General Exp.2,405.000.0Round Off1.120.03Travelling & Conveyance2,652.500.04Internal Audit Fee11,020.000.05Other Insurance19,617.000.06Postal & Courier Expenses153.000.07Printing & Stationery2,383.000.02ALLOCATED EXPENSES:HEAD OFFICE3,163,000.000.01Allocated Expenses - Head Office531,000.000.02Depreciation975,000.000.03Interest (On Fixed Assets & W.C.)1,507,000.000.04Labour Charges:Allocated0.00.05Rent:Allocated150,000.000.03FINANCIAL CHARGES17,791.000.01Bank Charges3,570.000.02Interest - TDS0.00.03L/C Charges5,915.000.04Rate Difference-Sidbi8,306.000.04PAYROLL EXP.376,049.000.01Incentives to Staff38,882.000.01Commission & Brokerage - Rent0.00.02Medical Expenses278.000.03Out of Pocket Exp.300.000.04Rent for Employees8,850.000.05Staff Welfare Exp29,454.000.06Tea & Refreshment Exp0.00.02P F & ESIC Expenses14,253.000.03Bonus-Staff102,221.000.04Books & Periodicals17,808.000.05Conveyance Allowance0.00.06Educational Allowance0.00.07Food Allowance23,730.000.08H R A36,315.000.09Leave Travel Allowance to Staff3,185.000.010Medical Reimbursement23,841.000.011Salaries91,777.000.012Uniform Allowance24,037.000.05RENT, RATES & TAXES600.000.01Licence & Registration Exp0.00.02Property Tax0.00.03Rates & Taxes600.000.06REPAIR & MAINTENANCE57,367.000.01R & M-Machine38,134.000.02R & M-Building0.00.03R & M-Computer1,200.000.04R & M-Electricals13,203.000.05R & M-Furniture0.00.06R & M-Office Equipment1,650.000.07R & M-Others360.000.08R & M-Vehicle0.00.09R & M Vehicle (Tempo)2,820.000.07SELLING EXPENSES198,116.000.01Discount on Sales176,812.000.02Freight Expenses18,109.000.03Commission & Brokerage - Sale3,195.000.04Packing Charges0.00.05Sampling Charges0.00.08ALLOCATED EXP- SARIGAM 12167,251.000.09EXCHANGE RATE FLUCTUATION0.00.0JINTER STOCK TRF- PURCHASE589,990.00649,884.001Ist - Purchase-Finished Goods0.00.0FAB2Ist - Purchase-Packing Material0.00.0PACK3Ist - Purchase-Raw Material319,042.00649,884.001Ist - Pur - Raw Material - Fabric142,887.00513,482.00FAB2Ist - Pur - Raw Material - Yarn176,155.00136,402.00YARN4Ist - Purchase-Semi Finished Goods270,948.000.01Ist - Pur - Fg - Sarigam Unit 120.0other2Ist - Pur - Job Work - Multihead25,121.00JW3Ist - Pur - Job Work - Sarigam245,827.00JW4Ist - Pur - S.F. Goods - Sarigam - Godown0.0other5Ist - Purchase-Stores & Spares0.00.0STOREKINTER STOCK TRF-SALES0.01,816,680.001IST-SALES-FINISHED GOODS0.01,470,530.00FG2IST - SALES - RAW MATERIAL0.0346,150.001Ist - Sales - Fabric0.0204,782.00FAB2Ist - Sales -Yarn0.0141,368.00YARNLProfit & Loss A/c0.019,211,838.36Grand Total273,212,262.21273,212,262.210.0Income/Expenditures8,408,403.908,633,531.00Profit as per Tally225,127.100.0GP5,256,978.00Opening Stock as on 01.04.06YarnFabricSemi Finished Goods (Less 20%)Unit 12 (Less 20%)Godown0Closing Stock as on 31.07.05YarnFabric0Semi Finished Goods (Less 20%)Unit 12 (Less 20%)Godown00Closing Stock as on 31.08.05YarnFabricSemi Finished Goods (Less 20%)Unit 12 (Less 20%)Godown000Closing Stock as on 30.09.05YarnFabricSemi Finished Goods (Less 20%)Unit 12 (Less 20%)Godown000Closing Stock as on 31.10.05YarnFabricSemi Finished Goods (Less 20%)Unit 12 (Less 20%)Godown000Closing Stock as on 30.04.06YarnFabricSemi Finished Goods (Less 20%)Unit 12 (Less 20%)Godown

TBnewCURRENT LIABILITIES & PROVISIONS1,506,474.0016,375,659.34PROVISIONS & PAYABLES0.05,480,501.00Wages / Salary Payable0.0200,213.00Allocation of Expenses0.02,188,000.00Cutting & Packing Payable0.03,425.00Outstanding Liabilities0.03,566,283.00Provision for Expenses0.0279,560.00Water Charges Payable0.0112,000.00STATUTORY LIABILITIES0.0462,727.97SUNDRY CREDITORS1,506,474.0010,432,430.37FIXED ASSETS98,974,683.990.0CURRENT ASSETS, LOANS & ADVANCES36,301,908.62211,942.00LOANS & ADVANCES (ASSET)761,134.0043,510.00Advance Tax & TDS Receivables215,136.000.0Advance Against Order & Expenses4,509.000.0Prepaid Expenses78,341.000.0Staff Loan & Advances275,248.0043,510.00Sundry Deposits187,900.000.0SUNDRY DEBTORS34,624,150.62168,432.00CASH-IN-HAND916,624.000.0BRANCH / DIVISIONS128,020,791.70227,910,311.51SALES ACCOUNTS0.06,151,967.00SALES-FINISHED GOODS0.06,079,487.00SALES-JOB WORK0.011,189.00SALES-OTHERS0.023,967.00Design Devlopment ChargesFreight Realised0.07,162.00Sampling Charges Received15,000.00Sales-Other-Local0.016,805.00Sales-Others-OMSSALES-RAW MATERIAL0.037,324.00PURCHASE ACCOUNTS2,150,941.000.0Purchase Bills to Pass0.00.0Purchase Expenses42,694.000.0Purchase Import2,507.000.0Import Expenses2,507.000.0Puchases - Store - ImportPurchase - Fabric - ImportPurchase - Yarn - ImportPurchase Job WorkEmbroidery Charges (Jobwork)Job Work Exp.Purchase - Job Work ChargesPurchase Packing Materials17,236.000.0Purchase Raw Material1,541,362.000.0Fabric1,431,776.000.0Yarn1,309,586.000.0Purchase Semi Finished GoodsGoods in TransitPurchase - Laces - OmsPurchase RtnPurchase Trading Goods OMSPurchase Store & Spares47,142.000.0Store & Spares47,142.000.0Needles14,460.000.0Other Store & Spares32,682.000.0DIRECT EXPENSES783,730.000.0LABOUR EXPENSES308,075.000.0Incentives to Workers5,075.000.0Labour Charges317,105.000.0Security Charges29,120.00MANUFACTURING EXP.475,655.000.0Dyeing & ProcessingCutting & Packing Charges160,740.000.0Electricity Charges292,052.000.0Mending Charges141,308.000.0Mending Charges - Sarigam 12Shearing ChargesTwisting ChargesINDIRECT INCOMES0.280.0Cheque Rtn ChargesMisc IncomeSundry Balances Write Off A/c0.280.0INDIRECT EXPENSES4,014,762.6215,000.00ADMINISTRATIVE EXPENSES5,021.620.0Communication Expenses3,667.000.0General Expenses2,406.120.0Festival ExpensesOther General Exp.2,405.00Round Off1.12Travelling & Conveyance2,652.500.0Internal Audit Fee11,020.00Other Insurance19,617.00Postal & Courier Expenses153.000.0Printing & Stationery2,383.000.048651ALLOCATED EXPENSES:HEAD OFFICE3,163,000.000.0Allocated Expenses - Head Office531,000.000.0Depreciation975,000.000.0Interest (On Fixed Assets & W.C.)1,507,000.000.0Labour Charges:AllocatedRent:Allocated150,000.000.0FINANCIAL CHARGES17,791.000.0Bank Charges3,570.000.0Interest - TDSL/C Charges5,915.000.0Rate Difference-Sidbi8,306.000.0PAYROLL EXP.382,428.000.0Incentives to Staff47,482.000.0Commission & Brokerage - RentMedical Expenses278.000.0Out of Pocket Exp.300.000.0Rent for Employees8,850.000.0Staff Welfare Exp29,454.000.0Tea & Refreshment ExpP F & ESIC Expenses14,253.000.0Bonus-Staff102,221.000.0Books & Periodicals17,808.000.0Conveyance AllowanceEducational AllowanceFood Allowance23,730.000.0H R A36,315.000.0Leave Travel Allowance to Staff3,185.000.0Medical Reimbursement23,841.000.0Salaries91,777.000.0Uniform Allowance24,037.000.0RENT, RATES & TAXES600.000.0Licence & Registration ExpProperty TaxRates & Taxes600.000.0REPAIR & MAINTENANCE57,367.000.0R & M-Machine38,134.000.0R & M-BuildingR & M-Computer1,200.000.0R & M-Electricals13,203.000.0R & M-FurnitureR & M-Office Equipment1,650.000.0R & M-Others360.000.0R & M-VehicleR & M Vehicle (Tempo)2,820.000.0SELLING EXPENSES221,304.0015,000.00Discount on Sales176,812.000.0Freight Expenses18,109.000.0Commission & Brokerage - Sale3,195.000.0Packing ChargesSampling Charges0.00.0ALLOCATED EXP- SARIGAM 12167,251.000.0EXCHANGE RATE FLUCTUATIONINTER STOCK TRF-PURCHASE589,990.00649,884.00Ist - Purchase-Finished GoodsIst - Purchase-Packing MaterialIST - PURCHASE-RAW MATERIAL319,042.00649,884.00Ist - Pur - Raw Material - Fabric142,887.00513,482.00Ist - Pur - Raw Material - Yarn176,155.00136,402.00IST - PURCHASE-SEMI FINISHED GOODS270,948.000.0Ist - Pur - Fg - Sarigam Unit 12Ist - Pur - Job Work -Process House25,121.000.0Ist - Pur - Job Work - Sarigam245,827.000.0Ist - Pur - S.F. Goods - Sarigam - GodownIst - Purchase-Stores & SparesINTER STOCK TRF-SALES0.01,816,680.00IST - SALES - FINISHED GOODS0.01,470,530.00IST - SALES - RAW MATERIAL0.0346,150.00Ist - Sales - Fabric0.0204,782.00Ist - Sales -Yarn0.0141,368.00Profit & Loss A/c0.019,211,838.36

TrialBal (2)Trial BalancePEL - Lasser Unit1-Apr-2005 to 31-Aug-2005ParticularsOpeningTransactionsClosingIncrease/(Decrease)BalanceDebitCreditBalanceCURRENT LIABILITIES5,546,685-51,956,65487,528,53131,108,64341118563.16-10009920.1625561957.70Provisions & Payables263,748-963,4841,106,141746,594406404.5340189.5482846Provisions431,040-432,3310-12911291-431039.5Sundry Creditors4,851,898-26,894,61135,099,08210,584,35913056368.66-2472009.665732461.2Allocation of Expenses19,238,28812,792,81319238288-644547512792813Outstanding Liabilities-23,666,22832,085,0216,984,8778418793-14339166984877FIXED ASSETS-99,062,447-269,54899,354,297-99331994.99198686291.99198416743.99CURRENT ASSETS-35,033,245-51,320,02629,881,342-39,371,523-55471928.7816100405.78-4338278.14ADVANCE TAX & TDS-5,3750-537553750Imprest Account-71,223-177,550175,3990-733747337471223Receivables-4,5090-450945094509Deposits (Asset)-129,500-34,90034,9500-129450129450129500Loans & Advances (Asset)-205,935-346,754188,6041,271,232-36408516353171477167Sundry Debtors-33,465,699-49,340,63528,115,813-39,545,380-54690520.7815145140.78-6079681.14Cash-in-hand-1,006,852-1,362,4511,366,576-1,097,375-2727-1094648-90523Prepaid Insurance-149,527-52,3610-201888201888149527BRANCH / DIVISIONS103,919,564-107,762,46792,109,59488,266,69188266691.450-15652872.911973946Branch-Sales-10,673,657-25,761,97416,578,637-19,856,994-19856994.320-9183337.2PEL-Sarigam UNIT 12 GODOWN-34,475,89334,453,793-22,100-221000-22100Head Office- Collection & Paym-39,934,82522,098,880-17,835,945-17835945.20-17835945.2PEL - Bhiwandi-6,2632,488,7072,482,444248244402482444Pel - Bobbin Lace-294,456-294,456-29445600Pel Coimbatore-4,611,407-53,69117,554-4,647,544-4647544.180-36137Pel Exhibition Mumbai-1,489,265-1,489,265-148926500PEL - Export-395,037-599,7915,400-989,428-989427.680-594391Pel -General Div. - Naroli-2,524,122-1,536,628178,648-3,882,102-3882101.830-1357980Pel-General Sarigam-Unit 12-4,018,7948,182,3704,163,576416357608182370Pel-Gen-Sarigam-9,235,428-3,388,1417,040,663-5,582,906-558290603652522PEL - Head Office [Mumbai]170,254,988-1,504,940897,404169,647,451169647451.440-607536.5PEL - Multihead Emb Unit-12,056,683-352,72119,939-12,389,465-12389464.50-332782Pel-Sale Div-Sarigam Unit 122,707,6202,707,620270762000Pel - Sales Div - Naroli2,170,1512,170,151217015100Pel-Sales Div-Sarigam-25,191,80300-25,191,803-25191803.2800Pel - Sales Exhibition - Sarig-722,543-722,543-72254300Pel - Surat-147,600147,6000000Sales Accounts-1,233,97051,559,42750,325,45750325456.50Purchase Accounts-41,664,68511,678,597-29,986,088-29986087.680DIRECT EXPENSES-5,558,2411,229,272-4,328,969-43289690INDIRECT INCOMES-03,5363,5363535.820INDIRECT EXPENSES-32,767,9925,797,329-26,970,664-26970663.680Inter Stock Trf. - Purchase-24,597,9047,412,265-17,185,639-171856390Inter Stock Trf - Sales-210,31430,141,90829,931,594299315940Profit & Loss A/c23,629,44223,629,44223629442.200Grand Total-1,000,000-317,341,801317,341,801204,776,778204776777.61-1,000,000-1000000.00000006104,919,564000-29,327,802-28,327,802

Cash FlowPioneer Embroideries Ltd.Division: LasserMonth: Apr'05 to Aug'05Cash Flow StatementInflowsAmountOutflowsAmountFor the MonthFor Pre. MonthFor the MonthFor Pre. MonthOpening BalancesTo Branch/ DivisionCash$6,852Naroli$5,820Bank0.0Multihead$49,777Head Office Collection$17,835,945To Creditors for Goods$19,458,821include. Purchase ExpsTo Other Liabilities$323,456From Branch/DivisionTo Staff as loan & Advances$139,969PEL-Head Office$894,660To Fixed Assets$400From Debtors$25,432,804For Expenses :From Sales Branches$14,564,685From Cash Sales0.0Manufacturing Exps$358,634incl. R&M. Cutting & Pacjking, mending etcOthers, If any0.0Payroll Expenses$951,120Power & Fuel$1,208,019Repair & Maintenanace$75,114Administrative Exp.$279,587Selling Expenses$136,560Excise DutyOthers, If any$73,053L/c & TDSClosing BalanceCash$2,727Bank0.0Total$40,899,001Total$40,899,001$(0)

Exps DetailPEL - Lasser Unit958851-Jan-2006 to 31-Jan-2006Detail of Store & Spares purchased:-Sr.ParticularsAmountNo.(Rs)1Needles334802Lasser M/c Yarn Guide84293Spindle-Bobbine Machine166504Spray & Feviquick14255Bobbin M/c Thread Ferrow9006Lasser M/c Braket16037Bearings42108Under Drive Pin & Lock53449Ferrow under lock pin645410Lasser M/c Needle lever442111Bobbin M/c Scissor Spring & needle holder539112Stud & Lock253113Misc5047Total95885Detail of Cuting & Packing Material:-1Packing Material617012Cutting & Packing ChargesaStiching Charges12702bCutting Charges42958cUnit 12 Allocation61440dServices36135Total214936Detail of Staff welfare exps1Staff Welfare223742Out of Pocket Exps86793Medical Exps294Total31347

Collection PEL - Lasser UnitApril'06Detail of Sales & Collection:-Apr'06DebtorsOpening Balance31,089,131Bill Raised6,524,72437,613,855Collection2,947,724Adjusted0.0Closing Balance34,666,131Sales OfficesOpening Balance9,757,762DelKolTTBill Raised1,075,449432,055419,701508,96910,833,211Collection5,107,568Adjusted0.0Closing Balance5,725,644TotalOpening Balance40,846,893Bill Raised7,600,1737,600,173048,447,066Collection8,055,292Adjusted0.0Closing Balance40,391,774

VatvPEL - Lasser UnitCalculation of VATV:-ParticularsSale ValueRateDisc(%)TT508,969525,448Delhi428,25928,565Kolkata419,701520,985Ahmedabad0.020.0Sales FG0.020.0Sale FG Godown5,572,0782111,442Sale FG OMS-Unit-12507,409210,148Sale FG Local-Unit-120.020.0Sales-Jobwork11,18922247,447,605176,812

Cash Flow-BS (2)Pioneer Embroideries Ltd.Division: MultiheadMonth: Apr'06Cash Flow StatementParticularsAmount(Rs)(Rs)Profit as per P & L(210,663)Depreciation272,000Profit before working capital adjustments61,337Change in working capital(1,432,625)Current Assets1,278,111Debtors685,190Branch Sales0Others(1,500)Stock594,421Current Liabilities(154,514)Creditors(852,627)Others698,113HO allocation2,188,000Branchs140,059140,059Cash from operations as per Cash Flow4,393,395CASh & Bank54,586Head Office(1,237,980)(Paid To Head Office net of Allocation)cash104,1094,497,504(5,735,484)

TrialBalTrial BalancePEL - Lasser Unit1-Apr-2005 to 31-Aug-2005ParticularsOpeningTransactionsClosingBalanceDebitCreditBalanceCURRENT LIABILITIES694787.5-52786905.593210681.1641118563.1641118563.160Provisions & Payables263748-9634841106140.5406404.5406404.50Provisions431039.5-432330.5-1291-12910Sundry Creditors-2772486340781231.6613056368.6613056368.660Allocation of Expenses1923828819238288192382880Outstanding Liabilities-2366622832085021841879384187930FIXED ASSETS-99062446.99-269548-99331994.99-99331994.990CURRENT ASSETS-567546-85166616.8630262234.08-55471928.78-55471928.780ADVANCE TAX & TDS-5375-5375-53750Imprest Account-71223-177550175399-73374-733740Receivables-4509-4509-45090Deposits (Asset)-129500-3490034950-129450-1294500Loans & Advances (Asset)-205935-346754188604-364085-3640850Sundry Debtors-83187225.8628496705.08-54690520.78-54690520.780Cash-in-hand-6852-13624511366576-2727-27270Prepaid Insurance-149527-52361-201888-2018880BRANCH / DIVISIONS75305763.29-120180891.92133141820.0888266691.4588266691.450Branch-Sales-4318274-32117357.1216578636.8-19856994.32-19856994.320PEL-Sarigam UNIT 12 GODOWN-34475893.334453793.3-22100-221000Head Office- Collection & Paym-39934824.722098879.5-17835945.2-17835945.20PEL - Bhiwandi-62632488707248244424824440Pel - Bobbin Lace-294456-294456-2944560Pel Coimbatore-4611407.18-5369117554-4647544.18-4647544.180Pel Exhibition Mumbai-1489265-1489265-14892650PEL - Export-395036.68-5997915400-989427.68-989427.680Pel -General Div. - Naroli-2524121.83-1536628178648-3882101.83-3882101.830Pel-General Sarigam-Unit 12-40187948182370416357641635760Pel-Gen-Sarigam-9235428-33881417040663-5582906-55829060PEL - Head Office [Mumbai]175859101.74-7187089.8975439.5169647451.44169647451.440PEL - Multihead Emb Unit-12056682.5-35272119939-12389464.5-12389464.50Pel-Sale Div-Sarigam Unit 122707620270762027076200Pel - Sales Div - Naroli2170151217015121701510Pel-Sales Div-Sarigam-65765101.26-38089240954189.98-25191803.28-25191803.280Pel - Sales Exhibition - Sarig-722543-722543-7225430Pel - Surat-147600147600000Sales Accounts-123397051559426.550325456.550325456.50Purchase Accounts-41664684.6811678597-29986087.68-29986087.680DIRECT EXPENSES-55582411229272-4328969-43289690INDIRECT INCOMES-0.1835363535.823535.820INDIRECT EXPENSES-32767992.375797328.69-26970663.68-26970663.680Inter Stock Trf. - Purchase-245979047412265-17185639-171856390Inter Stock Trf - Sales-2103143014190829931594299315940Profit & Loss A/c23629442.223629442.223629442.200Grand Total0-364437068.51364437068.51000000

BudgetPioneer Embroideries Ltd.Division LasserMonth July 20045. Budgeted Vs Actuals For the MonthParticularAmountVariationActualBudgetedAmount%ContributionManufacturing ExpensesJobwork expenses45000Mending charges52000dyeing charges86000punching charges17000freight & octori inwards130000coolie & cartage inwards8000Wages :On Rolls3900Contractors10900Others1200Salaries of Technicals & OthersStaff WealfareCutting & Packing charges68000Power & FuelElectricity293000Other FuleRepair & MaintenanaceMachines40000BuildingOthers5000Administrative Exp.Salaries150000Staff Wealfare3000Communication Exp.3000Rent,Rates & Taxes7000Legal & Professional Charges32000General Expenses5000Printing & Stationary4000Vehical Running Exp.7000Insurance Exp.Travelling & Conveyance Exp.6000Others, If any10000Selling ExpensesFreight & Cartage Outward48000Excise Duty50000Others, If any (coolie & cartage exp)18000Claims