FORM NO. lOB[See rule 17B]

,.. Audit report under section 12A(b) of the Income-tax Act, 1961, in the case of charitable or religious trusts or institutions

~ have examined the balance sheet of National Rural Roads Develo(!mentAgency, AAAAN2684E [name and PAN of thetrust or institution] as at 3110312016 and the Profit and loss account for the year ended on that date which are in agreement withthe books of account maintained by the said trust or institution.We have obtained all the information and explanations which to the best of our knowledge and belief were necessary for thepurposes of the audit. In our opinion, proper books of account have been kept by the head office and the branches of theabovenamed institution visited by us so far as appears from our examination of the books, and proper Returns adequate for thepurposes of audit have been received from branches not visited by us , subject to the comments given below:NILIn our opinion and to the best of our information, and according to information given to us , the said accounts give a true andfairview-

(i) in the case of the balance sheet, of the state of affairs of the above named institution as at 31103/2016 and(ii) in the case of the profit and loss account, of the profit or loss of its accounting year ending on 31103/2016

The prescribed particulars are annexed hereto.

PlaceDate

Chandigarh29/0912016

NameMembership NumberFRN (Firm Registratlon Number)Address

I. APPLICATION

1. Amount of income of the previous year applied tocharitable or reli purpose~ in Indiaquring t~)

2. Whethe

applied to charii!il;!Jeor religiol,lspurpgsesj6the previous year C~)

3. Amount of income finally-Silt.apart for application,tocharitable or religious purposes;foJlle extent it does hotexceed 15per cent of the income derived from propertyheld under trust wholly for such purposes. ( ~)

CA. Ashok Agarwal086429007905N.Agarwal A Kumar & Associates3505. Sector - 32-D.Chandigarh·160030

OR RELIGIOUS PURPOSES

277280135

Not Applicable

4. Amount of income eligible for exemption under section11(1)(c) (Give details)

5. Amount of income, in addition to the amount referred toin item 3 above, accumulated or set apart for specifiedpurposes under section 11(2) ( ~)

No

o

has been invested or deposited in the manner laid down insection 11(2)(b) ? If so, the details thereof

6. Whether the amount of income mentioned in item 5 above Not Applicable__--~------------------------------_7. Whether any part of the income in respect of which an Not Applicable--__~ --

option was exercised under clause (2) of the Explanation tosection 11(1) in any earlier year is deemed to be income ofthe previous year under section 11(1B) ? If so, the detailsthereof'{f)

8. Whether, during the previous year, any part of income accumulated or set apart for specified purposes under section11(2) in any earlier year-(a) has been applied for purposes other than charitable or _N_o __

religious purposes or has ceased to be accumulated orset apart for application thereto, or

(b) has ceased to remain invested in any security referred _N_o __to in section 11(2)(b)(i) or deposited in any accountreferred to in section 11(2)(b)(ii) or section 11(2)(b)(iii), or

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,.. (c) has not been utilised for purposes for which it was No

accumulated or set apart during the period for whichit was to be accumulated or set apart, or in the yearimmediately following the expiry thereof? If so, thedetails thereof

II. APPLICATION OR USE OF INCOME OR PROPERTY FOR THE BENEFIT OF PERSONS REFERRED TO IN SECTION 13(3)1. Whether any part of the income or property of the institution was lent, or continues to be No

lent, in the previous year to any person referred to in section l3(3) (hereinafter referredto in this Annexure as such person)? Ifso, give details of the amount, rate of interestcharged and the nature of security, if any.

2. Whether any part of the income or property of the institution was made, or continued to Nobe made, available for the use of any such person during the previous year? If so, givedetails of the property and the amount of rent or compensation charged, if any.

3. Whether any payment was made to any such person during the previous year by way of Nosalary, allowance or otherwise? If so, give details

4. Whether the services of the institution were made available to any such person during Nothe previous year? If so, give details thereof together with remuneration or compensationreceived, if any

5. Whether any share, security or other property was purchased by or on behalf of the Noinstitution during the previous year from any such person? Ifso, give details thereoftogether with the consideration paid

6. Whether any share, security or other property was sQld by or on behalf of the institution Noduring the previous year to any such person? Ifsokgive details thereOftogether with theconsideration received

7. Whether any income or property of the jn$titution w~ l.Iring the previous year Noin favour of any such person? If so, giye details ,..". "vf with the amountiofincome or value of property so diverted i

8. Whether the income or property oftf)~lnstitution was use5i lied during the Noprevious year for the benefit of any suer person in anY.Plher ner? If so, give details

III. INVESTMENTS HELD A;I'ANY TIME DURING THE PREVIOU$YEAR(S) IN COI'ICERNSIN WHICH PERSONS REFERRED TO INS;F:CTION 13(3)HAVEASUBSTANTIAL INXEREST

ame and address Whe Nominal value of the Income from Whether the amountinvestment(~) investment( in col. 4 exceeded 5

per cent he capitalof the ncem duringthe previous year-say,Yes/No

PlaceDate

Chandigarh29/09/2016

NameMembership NumberFRN (Firm Registration Number)Address

CA. Ashok Agarwal086429007905NAgarwal A Kumar & Associates3505. Sector - 32-D. Chandigarh- 160030

orm Filing DetailsevisionlOriginal riginal

NATIONAL RURAL ROADS DEVELOPMENT AGENCYBALANCE SIIEET AS AT MARCI I 31st ,2016

C.ITAL FUND AND LIABILITIES Schedule 2015-16 2014-15Capital/Corpus Funds 1 39,02,02363.82 9.60.61,906.00

Grant-in-aid from MoRD in liew of RIDF Loan (NABARD) 1299,98,88,780.00 4099.98.88.780.00

Current Liabilities and Provisions 2 1,17,34,590.00 1.27,06,901.00

Total 1340,18.25,734.00 4110,86,57,587.00ASSETS

Fixed Assets 3 3,17,20,163.00 3,54,76,780.00

Current Assets. Loans and Advances 4 37,02,16,791.00 7.32,92,027.00

Grant Receivable from MoRD for Repayment of loan1299,98,88,780.00 4099,98,88.780.00(NABARD)

Total 1340,18,25,734.00 4110,86,57,587.00

Significant Accounting Policies and Notes to Account 16

Annexure to our report of even date-=--

For Agarwal A n\1iii1&li ciates For National Rural Roads Development AgencyChartered A ~~o'i~.r;t: n',. ~harte d ~;!\

\. ~ C 0 rants c'n~jJ

~,\ '0 .!\~ *!; ~7'\~0«'//

CA Ashok Agarwa qflC':';:;:::~'/ (Uttam Kumar) (Rajesh Bhushan)Partner Director (F&A) Director General

Place :ChandigarhDated : ~ 7 . oq .20/"

(Amount - Rs )

• NATIONAL RURAL ROADS DEVELOPMENT AGENCYINCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED MARCH 31st, 2016

INCOME Sch 2015-16 2014-15Grant in Aid

5 276,85,40,283.00 545,07,02,072.21Interest Received6 41,60,746.00 59,86,947.00Misc. Receipt & Prior Period Adjustment7 1,00,325.00 76,647.00TOTAL (A) 277,28,01,354.00 545,67,65,666.21

EXPENDITUREInterest paid to NABARD

229,33,82,651.00 460,20,30,678.00.....stablishment Expenses8 4,39,27,684.00 3,90,03,526.00.dministrative Expenses9 15,83,17,256.00 14,76,85,207.83.vorld Bank Project Assistanceto 23,76,57,632.00 65,07,02,072.21Depreciation3 46,93,441.19 56,61,575.42

TOTAL(B) 273,79,78,664.19 544,50,83,059.46

lalance being Excess of Income/Expenditure over Exp'/Income (A-B) 34,822,689.81 11,682,606.75Transferred to Capital/Corpus Fund 34,822,689.81 11,682,606.75

\S PER OUR REPORT OF EVEN DATE

.~_<_.,:~7"~~~~

For National Rural Roads Development Agency-or Agarwal A. K;Uit\ar;&?~s~iatesnfurf(~ -1 ,"hartered Accou ,s ',52:;,

,, __; / C;~Jne'-'d ) S·:-':(.\;:\. ":~OU ,tanty s;

~l k\';~_c~_ .-~~">~:;

~"'f\.""-'~~,'~nd:<}L-__-:-',~;_:-::-::>

(Uttam~) (Rajesh Bhushan)~A Ashok Agarwal-artner Director (F&A) Director General

lace :Chandigarh.Jated : "7 .oq '20\b

Amount in Rs

•

NATIONAL RURAL ROADS DEVELOPMENT AGENCYRECEIPT AND PAYMENT ACCOUNT FOR THE YEAR ENDED MARCH 31st, 2016

.~?1(Uttam Kumar)

Director (F&A)

RECEIPT 2015-16 2014-15 PAYMENT 2015-16 2014-15l!lpenmg .l:Sa_lance I! am at Account

33,58,794.00Cash 0.00 25,866.00 Fixed Assets purchased 9,36,824.00Bank Balance 5,31,305.30 52,89,076.86 Repayment of Loan to NABARD 2800,00,00,000.00 3700,00,36,500.00Fixed Deposit 4,30,19,035.00 2,24,60,897.48 Interest paid to NABARD 229,33,82,651.00 460,20,30,678.00

Grant from MoRD Other Expenditurea) For Expenditure 73,44,75,400.00 86,83,46,000.00 Establishment Expenses 4,44,73,903.00 4,26,79,199.00b) For repayment of loan to NABARD 2800,00,00,000.00 3700,00,36,500.00 Administrative Expenses 15,43, 10,920.00 15,78,67,674.83c) For Payment of Interest to NABARD 229,33,82,651.00 460,20,00,000.00 World Bank Expenses 24,15,95,442.00 65,16,21,398.21Other Income TDS of previous year paid 5,19,529.00 5,89,009.00Interest Income 41,60,746.00 49,77,285.00 Payment of Stale Cheques 0.00 53,705.00

Security Deposit Given 1,05,800.00Security Deposit Refund 0.00 76,730.00 Project Managent Consultant (W.B.) 0.00 0.00Refund - NICSI for E -procurement 0.00 1,45,43,312.00 Other Advances 3,85,39,993.00 1,66,02,113.00EMD Received 24,911.00 5,57,097.00 Closing BalanceSale Of Car 0.00 0.00 Cash 0.00 0.00Misc. Receipts 1,00,325.00 76,647.00 Bank Balance 16,04,28,336.30 5,31,305.30

Fixed Deposit 14,14,00,975.00 4,30,19,035.00

-3107,56,94,373.30 4251,83,89,411.34 3107,56,94,373.30 4251,83,89,41 1.~

For Agarwal A. ~tm'lar4 AssociatesChartered Acci)";iril;nt~:'i,OJ ~\

,.,. -, -._{' v ,

. / " c'. .

re..",...~c;"?I.c. : ••~9~~~,,~<~):;,

CA Ashok Ag~rw"itT"Partner

For National Rural Roads Development Agency

(Rajesh Bhushan)Director General

Place :ChandigarhDated: x» ·oq ·2.0 (, -

•

NATIONAL RURAL ROADS DEVELOPMENT AGENCY

SCm:DliLES FORMING PART OF BALANCE SHEET AS AT MARCil 31st ,2016

SCIIEDULE 1 - CAPITALICORPllS HiNDS: (Amount - Rs.). " -. Particulars 2015-16 2014-151). Capilllssct Fund

Balances as at the beginning of the year 4,11,38,354.05 37,793,560.05Add Contributions towards Capital Fund 9,36,824.00 3,344,794.00

TOTAL 4,20,75,178.05 4,11,38,354.052).Grant in Aid

As per the last Balance Sheet 3,52,79,624.13 26,955,811.38Add: E-Procurement System (Refundable from NICSI ) -AddILess:- Excess of Income over Expenditure for the Year 34,822,689.81 11,682,606.75Less: Transferred to Capital Fund to the extent of Asset purchased/Sold (936,824.00) (3,358,794.00

TOTAL 69,165,489.94 35,279,624.133). World Bank Assistance

As per the last Balance Sheet 1,96,43,927.79 179,340,000.00Add - Grant Received during the Year 491,006,000.00Less: For World Bank Related Expenses

Transferred to Income & Expenditure on ale of world bank expenses - 102,448,972.21For Performance Audit - 23,500.000.00For Project Management Consultant (WB) - Disbursed 132,500,000.00For Equipment (WB) - Disbursed - 392,253, I00.00

Add :- Unutilized Grant for World Bank 259,317,768.00TOTAL 27,89,61,695.79 1,96,43,927.79

TOTAL (1+2+3) 39,02,02,363.78 9,60,61,905.96

SCHEDlil E 2 CURRENT LIABILITIES AND PROVISIONS'- I

Particulars 2015-16 2014-15

I Security Deposits 9,26,004.00 9,01,093.002. Expenses Payable 1,04,80,163.00 1,14,80,271.003.Sundry Creditor 3,28,423.00 3,25,537.00

TOTAL 1,17,34,590.00 1,27,06,901.00

SCHEDUL~ CURRENT ASSETS LOANS ADVANCES ETC.Pa rticu lars 2015-16 2014-15

A. CURRENT ASSETS

Cash & Bank Balances:Cash in Hand (lrnprest) 000 000

Bank Balances-HDFC AlC NO 3152 (MoRD) 3,13.607.30 3,13,607.30·HDFC AlC NO 7165 (For NABARD) 000 0.00-State Bank OfBikaner & Jaipur (Current) 4.38200 4,382.00-State Bank of Bikaner & Jaipur (Savings) 16,01,10,347.00 2,13,316.00

Fixed DepositFDR - Other Grant 3,25,619.00 4,29,62,751.00FOR-SBBJ AlC 14,10,19,072.00Against Bank Guarantee 56,284.00 56,284.00

Total (A) 30,18,29,311.30 4,35,50,340.30

B. LOAN, ADVANCES AND OTHER ASSETS

1 Advances and other amounts recoverable 6,70,14,027.00 2,84,74,034.002. Security Deposits 2,35,702.00 1,29,902.003 Interest Receivable on FDR(Other) 10,88,620.00 10,88,620.005 Income Tax Refundable ( A Y 2013-14) 49,130.88 49,130.88

Total (B) 6,83,87,479.88 2,97,41,686.88Total (A+B) 37,02,16,791.18 7,32,92,027.t8

"ATIONAL IHiRAL ROADS DEVELOPME'iT AGENCY

SCiIEDliLES FOR'VIING PART OF BALANCE SHEET AS AT MARCil 31st ,2016

SOIEDUI F 5 GRANTS IN \10 MoRD'" - , f

Particulars 2015-16 2014-15(lrrevoceble Grants Received)

I )ForMee_AgenCy Expenses 23,00,00,000.00 19,80,00,000.002) For Wor ank Projects 49,69,75,400.00 67,03,46,000.0031For payment of Interest on NABARD Loan 229,33,82,651 00 460,20,00,000.0041For repayment ofNABARD Loan 2800,00,00,000.00 3699,56,53,738.005) For ADB ASSistedProjects 75,00,000.006) Interest on NABARD FDR 0.00 43,82,762.00

(A)Amount Received During the year 3 102,78,58,051.00 4247,03,82,500.00

Less Adjusted against repayment of Loan to NABARD 2800,00,00,000.00 3700,00,36,500.00(B)Total 2800,00,00,000.00 3700,00,36,500.00

Add: unutilised brought forward from previous year(NABARD)I. e-Procurement System(NICSI) 0.00 1,45,43,312.00

0.00 1,45,43,312.00Less:Grant utilised for World Bank (Previous year) 0.00 000

(C)Total 0.00 1,45,43,312.00

Less unutiliscd earned over to next year(I) e-Procurement System(NICSI) 0.00 14,543,312.00(IV) Unuttlized Grant 25,93,17,768.00 19,643,927.79

(D)Total 25,93,17,768.00 34,187,239.791I

Total(A-B+C-D) 2,768,540,283.00 5,450,702,072.211

SCIIEDl;LE 6- INTEREST RECEIVED/EARNEDParticulars 2015-16 2014-15

Bank Interest 41,60,746.00 59,86,947.00Total 41,60,746.001 59,86,947.00

SCIIEDliLE 7- MISC. RECEIPTParticulars 2015-16 2014-15

RTI Money Received 440.00 110.00Tender Fee - 1,600.00other receipts 40,995.00 16,580.00Licence Fec 58,890.00 58,357.00

TOTAL 100,325_00 76,647.00

SCHEDUI E 8- ESTABLISHMENT EXPENSES! Particulars 2015-16 2014-15

Ia) Salaries and Wages 4,36,48,427.00 3,87,32,514.00b) Medical Reimbursement 2,79,257.00 2,71,012.00

TOTAL 4,39,27,684,00 3,90,03,526.00

:\ATIO:\,\I, IWRAL ROADS DEVEI,OPMEl'iT AGE:\CY

SCIIEDl;U:S FORMI:\G PART OF BALANCE SIIEET AS AT MARCil 31st ,2016

SCIIFDL),E 9. ADMI'IIISTRATIVF & OTIIFR EXPE'IISESPa rtieu 13 rs 2014-15

AD~IINIST.M.TIVE EXPENSES[)omesti.vel ExpensesElectrical ExpensesHiring of Conveyance & VehicleMeeting ExpensesOffice maintenance (Taxes and dutyOther Office ExpensesPostage ExpensesPrinting & StationeryRepairs and MaintenanceTelephone Expenses officeTelephone Expenses ResidentialsVehicle MaintenanceInternal Audit Fee& other Professional servicesRent rates & TaxesStatutory Auditor Remuneration

2015-16

44,95,561 0021,21,001.0029,02,558.00

48,211.0022,00,075.0037,27,294.832,43,424.0010,72,567.0020,37,408.008,21,044.002,56,127.002,67,256.002,21,067.00

1,17,32,313.002,10,900.00

RESARCH AND DEVELOPMENT EXP.TrainingTech. Development & Research WorkWorkshop & ConferenceContribution to Professional Bodies

28,55,176.0024,09,079.0032,72,879.005,59,201.00

2,00,97,463.0024,96,752.002,77,462.007,51,736.0012,73,379.009,92,097.001,60,450.005,80,338.001,64,469.00

1,17,15,122.002,10,900.00

4,78,16,503.00

51,23,465.008,04,893.00

78,80,382.0025,89,979.00

3,23,56,806.83

40,51,769.004,73,236.00

57,70,912.002,83,978.00

PUBLICATION, ADVERTISMENT AND PUBLICITYPublicationAdvertisement & PublicityBooks, Periodicals & Audio Visual Materials

1,63,98,719.00

26,82,874.003,80,586.0032,214.00

1,05,79,895.00

7,96,000.005, II ,071.008,74,667.00

STAs,PTAs, AND NQMsHonorarium to NQMsTravelling Expenses ofNQMsPayment to State Technicals AgenciesDevelopment and Maintainence of Online Management system

30,95,674.00

2,28,05,750.002,73,36,661.002,46,79,943.0086,84,006.00

21,81,738.00

1,40,17,000.001,91,59,604.004,33,54,355.001,66 95,189.00

TECHNICAL ASSISTANCE FROM ADB ASSISTED PROJECTConsultancy

8,35,06,360.00

75,00,000.00

9,32,26,148.00

93,40,620.0093,40,620.0075,00,000.00

TOTAL 14,76,85,207.83

SCHEDULE 10 WORLD BANK ASSISTANCE

15,83,17,256.00

-Particulars 2015-16 2014-15

For Performance Audit 0.00 2,35,00,000.00For Project Management Consultant (WB) - Disbursed 11,13,25,568.00 13,25,00,000.00For Equipment (WB) - Disbursed 1,07,03,960.00 39,22,53, I00.00

TOTAL (A) 12,20,29,528.00 54,82,53,100.00

World Bank Expenses:

Independent Verification ofperfonnance and FA 1,81,26,768.00 3,13,29,143.00Research & Development Exp. 7,39, II ,373.00 5,33,49,575.00Training 2,35,89,963.00 1,77,70,254.21

TOTAL (B) ll,S6,28,104.00 10,24,48,972.21

TOTAL(A+B) 23,76,57,632,00 650,702,072.21

'\ATIO'iAL RURAL ROADS DEVELOPMENT AGENCY

SCIIEDliLES FORMING PART OF BALANCE SIIEET AS AT MARCH 31st ,2016

SCHEDULE IlEXPENSFSPAYABLF- , ~Particulars 2015-16 2014-15

ADJVMN'lSTRAT1VE EXPENSES PAYABLE:-

Domestic Tra'Expcnses Pavable 1,58,588.00 000Electricity Expenses 1,25,741.00 0.00Hiring of Vehicle Payable 2,69,27600 000Honorarium to NQMs 16,90,50000 13,38,750.00Audit Fee Payable 2,25,908.00 49,438.00Other Office Exp. Payable 33,810.00 5,488.00NQMs Payable 000 -20.00Repair &Maintenance Payable 61,864.00 1,34,696.00Workshop & Conference Payable 2,88,536.00 78,984.00Telephone Office Payable 73,432.00 000Travelling Exp to NQMs 21,93,370.00 17,39,160.00Jammu & Kashmir RRDA 10,00,000.00 10,00,000.00Office maim, taxes & duties. Payable 3,10,412.00 44,544.00

TOTAL(A) 64,31,437.00 46,01,940.00

ESTABLISHMENT EXPE'iSES PAYABLE:-

Leave Salary and Pension contribution Payable 1,09,266.00 6,67,235.00TOTAL(B) 1,09,266.00 6,67,235.00

WORLD BANK EXPENSES PAYABLE:-

Training (W.B.) Expenses Payable 0.00 7,33,917.00World Bank Expenses Payable 17,50,871 00 49,57,650.00

TOTAL(.C) 17,50,871.00 56,91,567.00TDS EXPENSES PAYABLE:-

T.D.S. (Contractor) 1,58,560.00 46,772.00T.D.S. (Professional) 20,18,279.00 4,57,127.00T.D.S. (Rent) 11,750.00 15,630.00

TOTAL(D) 21,88,589.00 5,19,529.00

TOTAL(A+B+C+D) 1,04,80,163.00 1,14,80,271.00

SCHEDULE 12 SUNDRY CREDITOR- ,Particulars 2015-16 2014-15

Secretary General IRC 16,000.00 16,000.00Shri Asit Kumar Jain 1,47,986.00 1,47,986.00Shri Rakesh Kumar 55,442.00 55,442.00Shri Shailendra Kumar Dubey 82,276.00 82.27600Shri Chaman Lal Director P-Ill 26,719.00 000GTB Tour & Travels 0.00 23,833.00

TOTAL 3,28,423.00 3,25,537.00

SCHEDULE- 13 SECURITY AMOUNT (EMD)Particulars 2015-16 2014-15

Automation 281.00 281.00Epsion 144.00 144.00Labotex 13,184.00 13,184.00OA Compserve 945.00 945.00Carrier Air Conditioning 10,000.00 10,000.00Remitance of Shri Rakesh Kumar 0.00 4,92000Remitance of Smt. Vedula 3,720.00 3,720.00Velocis System 236.00 236.00Premier Safeguard 1,690.00 1,690.00Progression 1,205.00 1,205.00Provizman 3,070.00 3,070.00RD. Enterprises 1,650.00 1,650.00Vijay Bros 12,137.00 12,137.00Jatsam 95,764.00 95,764.00G.A.Digital 1,15,786.00 1,15,786.00Bhagwati Printers 35,608.00 35,608.00Ascent 753.00 753.00Remittance of Shri Kukreja 21,226.00 0.00Remittance of Toofeeq Ahmad 8,605.00 0.00Mass Management 6,00,000.00 6,00,000.00

TOTAL 9,26,004.00 9,01,093.00

Particulars0.00

4,18,843.0013,83,000.0028,94,955.00

3,93,44,454.0062,70,860.00

1,47,19,885.0019,82,030.00

1,20,000.004,18,843.001,12,725.00

51,16,015008,27,000.0014,67,000.0034,99,96LOO19,82,030.00

SCHEDULE-14 ADV,\NCE AND OTHER AMOl;NTS RECOVERABLE2015-16 2014-15

State Techinical Agencies (MoRD)Advance For Lab Equipments (World Bank)Tech. Dev And Research work (MoRD)Workshop & Conference (MoRD)Research &DevelopmentAdvance for TrainingAdvance for Training(W.B.)Advance of contribution to professional bodies

NATIONAL RURAL ROADS DEVELOPMENT AGENCY

SCHEDliLES FORMING PART OF BALANCE SHEET AS AT MARCIl 31st ,2016

.. Lekh Ram Mehla 0.00 3,150.00

Advance for Repair and maintenance ( Renovation of New Building) 0.00 1,49,27,310.00

• 6,70,14,027.00 2,84,74,03400

Total 6,70,14,027.00 2,84,74,034.00

SCHEDULE 15 SECURITY DEPOSIT-I ... Particulars 2015-16 2014-15

Ashok Tounst Service Station 14,270.00 14,270.00

M.T.N.L 79,232.00 79,232.00

Sh. Rakesh Kumar 0.00 36,400.00

Mrs.Anil Prasad 36,600.00 0.00

Usha Girota 52,800.00 0.00

Simrni Sikha 52,800.00 0.00

Total 2,35,702.00 1,29,902.00

National Rural Roads Development AgencySCHEDULES FORMING PART OF BALANCE SHEET AS AT 31.03.2016

SCHEDULE 3 - FIXED ASSETS

DESCRIPTION GROSS BLOCK DEPRECIATION NET BLOCKAs at the

ICost/valuation As at Cost/valuation at beginning of

Rate of beginning of the Adjustment the year end the year Addition for Adjustment for Total up to the As on IDeoreciation I year (01.04.2015) Additions during the year dunn' the year (31.03.2016) (01.04.14) the year the year Year-end 31.03.2016 As on 31.03.2015

Less than 180 More than 180days days

A. Fixed Assets:I. Office Accommodation 10.00 78,830.479 78,830,479 54,092,640 2.473,784 56,566,424 22,264.055 24,737,839

\2. Furniture, Fixtures 10.00 19,311.649 19.311,649 13,379,015 593,263 13,972,279 5,339,370 5,932,634

( Machinery & Equipment 15.00 3,884,132 48.739 39,375 3,972,246 2,578,530 205,402 - 2,783,932 1,188,314 1,305,602

4. Vehicles 15.00 2,475,464 2,4 75,464 302,578 325,933 628,511 1,846,953 2,172,886

IS. Computer/Peripherals , 60.00 14,547,627 230.952 61.996 14.840.575 13,532.118 715.789 14,247,907 592,668 1,015,509

!6. e-Procuremcnt Hardware 60.00 8,725.616 ' 8.725.616 8.636.266 53,610 8,689,876 35.740 89,350 I!7. e-Procurement Software 60.00 107.978 107.978 106,872 663 107,536 442 1.106

18. Mobile 50.00 1,128.822 255,249 300,513 1.684,584 906,968 324,996 1,231,964 452620 221,854

I TOTAL 129,011,767.00 534,940.00 401,884.00 - 129,948,591.00 93,534,987.58 4,693,441.19 98,228,427.73 31,720,163.27 35,476,779.42

* World Bank

1.111eSale Agreement of Office Accomodation has not been registered but physical possession has been handedover by the NBCC.Therefore, office accomodation has been capitalised on the basis of physical possession

/~~r~ For National Rural Roads Development Agency

'",_'AK~~, I U'Chartered Accountant !" ~

. _ Ch~d ~~)

~c, III ~'l,0::;' = tants /;f

t-\~-", * ,C'-- ~ "CA Ashok Agarwal ~9:-::;:;-/(Vitam Kumar) (Rajesh Bhushan)

PartnerDirector (F&A) Director General

Place :ChandigarhDated '1.'.O~. ').0"

•

NATIONAL RURAL ROADS DEVELOPMENT AGENCY, NEW DELHI

• SCHEDULE -16

SIGNIFICANT ACCOUNTING POLICIES

1. Significant Accounting Policies adopted in the presentation of the accounts are asunder:-

a. Accounting Policies (AS-I)

During the year, the agency has followed accrual accounting with applicableaccounting principles in India, the accounting standards issued by the ICAI andrelevant provisions.

b. Fixed Assets(AS-IO)

Fixed assets are stated at cost less depreciation. Cost comprises cost of acquisition,cost of improvement and any attributable cost of bringing the asset to condition of itsintended use.

c. Depreciation (AS-6)

Depreciation has been provided on written down value method at the rate asprescribed in Income Tax Act,1961 except on mobile instruments to NQMs.The mobile instruments to NQMs have to be written off over a period of two years.

d. Grant (AS-12)

Society recognize the Specific Grant-in-Aid in the year of Expenses. Grant-in-Aid arereceived for the specific purposes i.e. Revenue and purchase of Fixed Assets. Theaccounting treatment of Revenue is recognized on a systemic basis in the Income andExpenditure Account over the period necessary to match with the related costs whichare intended to be, such grant is shown separately as Grant-in-Aid under IncomeHead.The accounting treatment of grant for the purchase of depreciable Fixed Assets isshown under capital fund. Such grant is allocated to income over the period and in theproportion in which depreciation to these assets is charged.

- .,~ • NATIONAL RURAL ROADS DEVELOPMEN1:tAGENCY, NEW DELHI

For the year ending March 31 ,2016

SCHEDULE - 16

NOTES TO ACCOUNTS

1. National Rural Roads Development Agency is a society registered under the

Societies Registration Act on 14-01-2002. The Agency received Grant in Aid and

assistance from Ministry of Rural Development, Government of India.

2. The agency received grant from Ministry of Rural Development for payment of

interest and installment to NABARD .Detail of grant received and repaid the

interest and installment are as under :-(in Rs.)

1------­~----~

I Grant

I Lo~

Particular Principal Interest-,-,- --

received 2800,00,00,000.00 229,33,82,651.00

repaid to NABARD 2800,00,00,000.00 229,33,82,65l.00

-

3. The office Accommodation of Rs. 7,88,30,479.00 is yet to be registered before

the Authority. The Sub Lease Deed is pending with Land and Development

Officer, Ministry of Urban Development, Nirman Bhawan, New Delhi which was

objected in the earlier year audit reports but no action has been taken b theA . hi ygency III t IS regard.

4. Advance payments are outstanding hover t e years due to non receipts ofUtilization Certificates / Related Bills.

Particula

Advance fI

Technical

r Amount in (Rs.)or Lab Equipment 4,18,843.00.----_--

Develop~ent and Research work 1383000.00-_

•

. ,• ,--- --------

(MoRD)---------- 2894955.00.., Workshop and Conference (MoRD)lll.

lV. Research & Development 39344454.00

-+-------- 62,70,860.00v. Advance for Training

Vl. Advance for Training (W.B.) 14719885.00

vn. Advance of contribution to professional bodies 19,82,030.00------

Total 67014027.00

...

5. Honorarium and Dearness Allowance made to National Quality Monitor(NQM)

experts during the year but TDS deduct from honorarium only.TDS should be

deducted from Dearness Allowance also.

For Agarwal A Kumar & AssociatesChartered Accountants

For National Rural Roads Development Agency

~7'(Uttam1(umar)Director (F&A)

CAAshok(Partner)

(Rajesh Bhushan)Director General

Place: ChandigarhDated: .2 l.oq .lo\6