| |
|
|
|
|
|
|
|
|
|
PARTICULARS
|
SCHEDULE
|
AS AT 31ST MARCH 2010
|
AS AT 31ST MARCH 2009
|
| |
|
RS.
|
RS.
|
RS.
|
RS.
|
| I. SOURCES OF FUNDS: |
|
|
|
|
|
| 1.SHARE HOLDERS' FUNDS |
|
|
|
|
|
| a). SHARE CAPITAL |
1
|
|
5,625,375
|
|
56,253,750
|
| b). RESERVES & SURPLUS |
2
|
|
80,262,313
|
|
61,357,487
|
| |
|
|
|
|
|
| |
|
|
|
|
|
|
TOTAL
|
|
|
85,887,688
|
|
117,611,237
|
| |
|
|
|
|
|
| II.APPLICATION OF FUNDS.
|
|
|
|
|
|
| 1.FIXED ASSETS |
|
|
|
|
|
| a).GROSS BLOCK |
3
|
43,068,144
|
|
42,148,845
|
|
| |
|
|
|
|
|
| b)LESS:DEPRECIATION |
|
32,788,660
|
|
30,855,239
|
|
| |
|
|
|
|
|
| c)NET BLOCK |
|
|
10,279,484
|
|
11,293,606
|
| |
|
|
|
|
|
| 2.INVESTMENTS |
4
|
|
21,004,157
|
|
8,997,969
|
| |
|
|
|
|
|
| 3. DEFERRED TAX ASSETS |
5
|
|
1,525,339
|
|
1,401,420
|
| |
|
|
|
|
|
| 4. CURRENT ASSETS, LOANS
& ADVANCES : |
|
|
|
|
|
| a). INVENTORIES |
6
|
20,440,168
|
|
18,517,705
|
|
| b). SUNDRY DEBTORS |
7
|
35,125,884
|
|
32,794,203
|
|
| c). CASH & BANK BALANCES
|
8
|
3,852,087
|
|
55,874,897
|
|
| d). LOANS & ADVANCES |
9
|
28,633,969
|
|
19,461,402
|
|
| |
|
88,052,108
|
|
126,648,207
|
|
| |
|
|
|
|
|
| LESS: CURRENT LIABILITIES
& PROVISIONS : |
10
|
34,973,400
|
|
30,729,965
|
|
| |
|
34,973,400
|
|
30,729,965
|
|
| |
|
|
|
|
|
| NET CURRENT ASSETS |
|
|
53,078,708
|
|
95,918,242
|
| |
|
|
85,887,688
|
|
117,611,237
|
| |
|
|
|
|
|
| SIGNIFICANT ACCOUNTING POLICIES
& NOTES TO ACCOUNTS |
19
|
|
-
|
|
-
|
| |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
SCHEDULES REFERRED TO ABOVE FORM AN
INTEGRAL PART OF THE BALANCE SHEET
|
|
As per our Report of even date
attached
|
On behalf of the Board of Directors
|
For For SINGHI & CO.
Chartered Accountants
|
|
|
|
A. K. DOSHI,
Director and Chairman Audit Committee
|
|
|
|
SHIV SIDDHANT NARAYAN KAUL,
Managing Director
|
|
|
|
SANKAR BANERJEE
PARTNER
Membership No 8230
FRN : 302049E
1B Old Post Office Street
|
SUNIL KR PAL,
Director
|
|
Kolkata, the 24th Day of April,2010
|
|
|
|
| |
|
PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31.03.2010
|
|
PARTICULARS
|
SCHEHULE
|
FOR THE YEAR
ENDED
31.03.2010
(RS)
|
FOR THE YEAR
ENDED
31.03.2009
(RS)
|
| REVENUE : |
|
|
|
| SALES / SERVICES |
11
|
210,462,408
|
209,688,161
|
| OTHER RECEIPTS |
12
|
761,183
|
3,565,905
|
|
TOTAL
|
|
211,223,591
|
213,254,066
|
| EXPENDITURE
: |
|
|
|
| COST OF MATERIALS SOLD |
13
|
51,365,968
|
50,846,847
|
| ENGINEERING SERVICE EXPENSES
|
14
|
32,651,116
|
37,096,076
|
| EXPENSES ON EMPLOYEES |
15
|
45,855,165
|
45,863,542
|
| SELLING & ADMINISTRATION EXPENSES
|
16
|
48,144,368
|
44,749,298
|
|
|
|
48,144,368
|
178,555,763
|
| GROSS PROFIT |
|
33,206,974
|
34,698,303
|
| LESS: INTEREST |
17
|
388,845
|
338,789
|
| CASH PROFIT |
|
32,818,129
|
34,359,514
|
| LESS:DEPRECIATION AND AMORTISATION
|
18
|
4,177,650
|
3,810,078
|
| PROFIT BEFORE TAXATION |
|
28,640,479
|
30,549,436
|
| LESS: PROVISION FOR TAXATION
|
|
|
|
| CURRENT TAX |
|
10,427,783
|
10,548,246
|
| FRINGE BENEFIT TAX |
|
-
|
1,486,000
|
| DEFERRED TAX |
|
(123,919)
|
(512,147)
|
| INCOME TAX FOR EARLIER YEAR
|
|
366,423
|
548,265
|
| PROFIT AFTER TAXATION |
|
17,970,192
|
18,479,072
|
| ADD:GRATUITY ADJUSTMENT AS
PER 'AS-15' |
|
937,615
|
-
|
| LESS/ (ADD) :DEPRECIATION
FOR EARLIER PERIODS |
|
2,981
|
(39,760)
|
| ADD :PROFIT/(LOSS) BROUGHT
FORWARD |
|
61,357,487
|
42,838,655
|
| |
|
|
|
| BALANCE CARRIED FORWARD TO
BALANCE SHEET |
|
80,262,313
|
61,357,487
|
| Earning per Share (Basic)
|
|
3.36
|
3.29
|
| Earning per Share (Diluted)
|
|
3.36
|
3.29
|
| Face value per share |
|
1.00
|
10.00
|
| |
|
|
|
| SIGNIFICANT ACCOUNTING POLICIES
& NOTES TO ACCOUNTS |
19
|
|
|
|
|
| The Schedules referred to
above form an integral part of the Profit and Loss Account
|
| |
|
|
As per our Report of even date
attached
|
On behalf of the Board of Directors
|
For For SINGHI & CO.
Chartered Accountants
|
|
|
|
A. K DOSHI,
Director and Chairman Audit Committee
|
|
|
|
SHIV SIDDHANT NARAYAN KAUL,
Managing Director
|
|
|
|
SANKAR BANERJEE
PARTNER
Membership No 8230
FRN : 302049E
1B Old Post Office Street
|
SUNIL KR PAL,
Director
|
|
Kolkata, the 24th Day of April,2010
|
|
|
|
|
NICCO ENGINEERING SERVICES LIMITED
Cash Flow Statement for the Year Ended on 31st March
2010
|
| |
Rs. In lacs
|
|
|
YEAR ENDED
31.03.2010
|
YEAR ENDED
31.03.2009
|
|
A. CASH FLOW FROM OPERATING ACTIVITIES
|
|
|
|
|
|
Net Profit/ (Loss) before Tax & Extra
- Ordinary Items
|
|
286.40
|
|
305.49
|
|
Depreciation charged to Profit & Loss
Account
|
41.78
|
|
38.10
|
|
|
(Profit)/Loss on sale of Fixed Assets
(Net)
|
(0.01)
|
|
0.03
|
|
|
Gratuity Adjustment
|
9.38
|
|
-
|
|
|
Interest
|
(3.47)
|
|
(10.07)
|
|
|
Dividend on Investment
|
(2.56)
|
|
(21.36)
|
|
|
Interest Expenses
|
3.89
|
|
3.39
|
|
|
Sub Total
|
|
49.01
|
|
10.09
|
|
Operating Profit before Working Capital
Changes
|
|
335.41
|
|
315.58
|
|
|
|
|
|
|
|
Changes in Working Capital
|
|
|
|
|
|
(Increase)/Decrease In Trade and other
Receivables
|
(162.16)
|
|
(77.81)
|
|
|
(Increase)/Decrease In Inventories
|
(19.23)
|
|
(30.88)
|
|
|
Increase/(Decrease) In Trade Payable
|
42.43
|
(138.96)
|
40.9
|
|
|
Net Changes in Working Capital
|
|
(138.96)
|
|
(67.79)
|
|
Cash Generated from Operations
|
|
196.45
|
|
247.79
|
|
Direct Tax
|
|
(60.82)
|
|
(95.86)
|
|
Cash Flow Before Extra - Ordinary Items
|
|
135.63
|
|
151.93
|
|
Cash Flow from Operating Activities
|
|
135.63
|
|
151.93
|
|
|
|
|
|
|
|
B. CASH FLOW FROM INVESTING ACTIVITIES
|
|
|
|
|
|
Purchase of Fixed Assets
|
|
(31.71)
|
|
(14.55)
|
|
Sale of Fixed Assets
|
|
0.06
|
|
0.02
|
|
Purchase of Investment
|
|
(120.06)
|
|
-
|
|
Sale of Investment
|
|
-
|
|
361.30
|
|
Interest Received
|
|
3.47
|
|
10.07
|
|
Dividend Received
|
|
2.56
|
|
21.36
|
|
Net Cash from Investing Activities
|
|
(145.68)
|
|
378.20
|
|
|
|
|
|
|
|
C. CASH FLOW FROM FINANCING ACTIVITIES
|
|
|
|
|
|
Repayment against Share Capital
|
|
(506.29)
|
|
-
|
|
(Decrease)/Increase In Borrowings
|
|
-
|
|
(7.33)
|
|
Interest Paid
|
|
(3.89)
|
|
(3.39)
|
|
Net Cash from Financing Activities
|
|
(510.18)
|
|
(10.72)
|
|
Net changes in Cash/Cash Equivalents
(A+B+C)
|
|
(520.23)
|
|
519.41
|
|
Cash & Cash Equivalents - Opening Balance
|
|
558.75
|
|
39.34
|
|
Cash & Cash Equivalents - Closing Balance
|
|
38.52
|
|
558.75
|
|
|
|
|
|
|
|
NOTE :
|
|
1) Above statement has been prepared
in indirect method except in case of Interest, Dividend
and Taxes which have been considered on the basis of
actual movement of cash, with corresponding adjustment
in Assets and Liabilities.
2) Cash and Cash Equivalents consist of Cash In Hand
and balances with Banks.
|
|
SCHEDULES REFERRED TO ABOVE FORM AN
INTEGRAL PART OF THE BALANCE SHEET
|
|
As per our Report of date attached
|
On behalf of the Board of Directors
|
For SINGHI & CO.
Chartered Accountants
|
|
|
|
A K DOSHI,
Director and Chairman Audit Committee
|
|
|
|
SHIV SIDDHANT NARAYAN KAUL,
Managing Director
|
|
|
|
SANKAR BANERJEE
PARTNER
Membership No 8230
FRN : 302049E
1B Old Post Office Street
|
SUNIL KR PAL,
Director
|
|
Kolkata, the 24th Day of April,2010
|
|
|
|
|
SCHEDULES TO THE BALANCE SHEET
AS AT 31ST MARCH 2010
|
| |
AS AT 31ST MARCH, 2009
Rs.
|
AS AT 31ST MARCH,
2009
Rs.
|
| 1. SHARE CAPITAL |
|
|
| I. AUTHORISED : |
|
|
| 60,00,000 EQUITY SHARES OF
RS. 10/- EACH |
60,000,000
|
60,000,000
|
| |
|
|
| II. ISSUED, SUBSCRIBED
AND PAID-UP: |
|
|
5,625,375 ( PREVIOUS YEAR
5,625,375) EQUITY SHARES
OF RS. 1/- EACH ( PREVIOUS YEAR RS.10/- EACH) FULLY PAID-UP |
5,625,375
|
56,253,750
|
| |
|
|
| |
|
|
| Note : |
|
|
| |
|
|
| Subscribed and Paid-up Equity
Share Capital includes :- |
|
|
| |
|
|
I) 4,500,300 Equity shares
@Rs.1/- each were issued as fully
Paid-up persuant to a contract, without payment being
received in cash.
|
|
|
| |
|
|
| ii) Includes fully paid-up
Bonus issue of 1125075 shares out of Reserves. |
|
|
| |
|
|
| iii) Refer Note B 1 of Schedule
' 19' |
|
|
| |
| 2. RESERVES & SURPLUS |
|
|
| |
|
|
| PROFIT & LOSS A/C |
|
|
| AS PER LAST ACCOUNT |
61,357,487
|
42,838,655
|
| ADD : FROM PROFIT & LOSS ACCOUNT
|
18,904,826
|
18,518,832
|
| TOTAL :: |
80,262,313
|
61,357,487
|
| |
|
SCHEDULES TO THE BALANCE SHEET AS AT 31ST MARCH 2010:
|
|
3. FIXED ASSSETS
|
|
|
|
PARTICULARS OF ASSETS
|
GROSS BLOCK
|
DEPRECIATION
|
NET BLOCK
|
|
COST/ BOOK VALUE AT
01.04.2009
|
ADDITIONS / ADJUSTMENTS
|
LESS SOLD/ ADJUSTED
|
COST/ BOOK VALUE AS AT 31.03.2010
|
TOTAL UPTO 01.04.2009
|
PROVIDED FOR THE PERIOD
|
LESS/ADD ON
ASSETS SOLD
& ADJUSTED
|
TOTAL
UP TO
31.03.2010
|
AS AT 31.03.2010
|
AS AT 31.03.09
|
| |
Rs.
|
Rs.
|
Rs.
|
Rs.
|
Rs.
|
Rs.
|
Rs.
|
Rs.
|
Rs.
|
Rs.
|
|
GOODWILL
|
12,159,920
|
-
|
-
|
12,159,920
|
9,727,936
|
1,215,992
|
-
|
10,943,928
|
1,215,992
|
2,431,984
|
|
KNOW-HOW / PATENTS /
|
9,024,000
|
-
|
-
|
9,024,000
|
7,670,400
|
676,800
|
-
|
8,347,200
|
676,800
|
1,353,600
|
|
COPYRIGHTS / TRADE MARKS /
|
|
|
|
-
|
|
|
|
-
|
-
|
|
|
LICENCES FRANCHISES & ETC.
|
|
|
|
|
|
|
|
|
|
|
|
COMPUTER SOFTWARE
|
-
|
779,729
|
-
|
779,729
|
-
|
71,458
|
-
|
71,458
|
708,271
|
-
|
|
PLANT & MACHINERY
|
5,310,720
|
509,470
|
265,294
|
5,554,896
|
2,940,282
|
425,844
|
265,294
|
3,100,832
|
2,454,064
|
2,370,438
|
|
FURNITURE & FIXTURE
|
2,437,188
|
321,727
|
1,119,759
|
1,639,156
|
1,903,905
|
340,773
|
1,119,759
|
1,124,919
|
514,237
|
533,283
|
|
COMPUTER & ACCESSORIES
|
2,161,221
|
422,107
|
523,194
|
2,060,134
|
1,791,823
|
285,414
|
523,194
|
1,554,043
|
506,091
|
369,398
|
|
MOTOR CAR ETC.
|
8,260,396
|
1,137,946
|
325,592
|
9,072,750
|
5,000,504
|
1,024,950
|
321,122
|
5,704,332
|
3,368,418
|
3,259,893
|
|
HELIFUSION EQUIPMENT & MACHINES
|
2,795,400
|
-
|
17,841
|
2,777,559
|
1,820,389
|
139,400
|
17,841
|
1,941,948
|
835,611
|
975,011
|
|
Total
|
42,148,845
|
3,170,979
|
2,251,680
|
43,068,144
|
30,855,239
|
4,180,631
|
2,247,210
|
32,788,660
|
10,279,484
|
11,293,606
|
|
|
|
|
|
|
|
|
|
|
|
|
|
AS ON 31.03.2009
|
41,880,216
|
1,454,787
|
1,186,157
|
42,148,845
|
28,265,925
|
3,770,318
|
1,181,003
|
30,855,239
|
11,293,606
|
|
| Notes :
|
|
1. Amortisation of Intangibles originally
ascertained on acquisition cost, was shown under Depreciation.
2. Depreciation for the period includes Rs. 238,155/-
on account of asset written off after physical verification.
|
| |
| |
AS AT 31ST MARCH, 2009
Rs.
|
AS AT 31ST MARCH,
2009
Rs.
|
| 4. INVESTMENTS
|
|
|
| |
|
|
| ( A ) LONG TERM INVESTMENTS
(UN QUOTED) |
|
|
| 6,000 Equity shares of GBP
1/- each of Helifusion Ltd. UK at a total consideration
of Rs.GBP 10,916/-. |
895,439
|
895,439
|
| 299,920 Equity shares of Rs.10/-
of Nicco Biotech Ltd. |
2,999,200
|
2,999,200
|
| 99,940 Equity Shares of Rs.
10/- of Nicco Cables Ltd. |
999,400
|
999,400
|
| 100,000 Equity Shares of NE
Cables Ltd , of Rs. 10/- each. |
1,000,000
|
1,000,000
|
| |
|
|
| ( B ) CURRENT INVESTMENTS
|
|
|
| 127,233 Units of Prudential
ICICI Liquid Option Plan, |
15,110,118
|
3,103,930
|
| Face Value per Unit Rs 100/-,Market
Value Rs. 15,120,161/- (Previous Year 262,223 Units ,Face
value per unit Rs 10/-, Market Value Rs.3,111,008/- )
|
|
|
| |
21,004,157
|
8,997,969
|
| |
| |
|
|
| 5. DEFERRED TAX ASSETS/(LIABILITY)
|
|
|
| |
|
|
| ASSETS |
1,971,786
|
1,670,496
|
| |
|
|
| LESS : LIABILITIES |
446,447
|
269,076
|
| NET ASSET/( LIABILITY) |
1,525,339
|
1,401,420
|
| |
| CURRENT ASSETS, LOANS &
ADVANCES (A) CURRENT ASSETS |
|
|
| |
|
|
| 6. INVENTORIES : |
|
|
| |
|
|
| STORES & SPARE PARTS |
6,394,036
|
6,723,640
|
| MEASURING INSTRUMENTS AND
GAUGES |
304,424
|
639,397
|
| LOOSE TOOLS |
3,128,107
|
2,568,714
|
| STOCK IN TRADE |
10,613,601
|
8,585,954
|
| TOTAL |
20,440,168
|
18,517,705
|
| |
|
|
| NOTE : ALL THE ABOVE INVENTORIES
ARE TAKEN, VALUED AND CERTIFIED BY THE MANAGEMENT. |
|
|
| |
| |
|
|
| 7. SUNDRY DEBTORS |
|
|
| Debts Outstanding for a period
exceeding six months |
|
|
| CONSIDERED GOOD |
16,787,417
|
15,628,079
|
| CONSIDERED DOUBTFUL |
-
|
-
|
| |
16,787,417
|
15,628,079
|
| LESS : PROVISION FOR DOUBTFUL
DEBTS |
-
|
-
|
| |
|
|
| [Out of the Debtors totalling
to Rs. 16,787,417/-, outstanding from Nicco Corporation
Ltd, (Holding Co.),is Rs. 16,203,815 /- , Previous year,
Rs.15,008,143/- ] [Refer Note 13 of Schedule '19'] |
16,787,417
|
15,628,079
|
| |
|
|
| Other Debts ( Outstanding
less than six months) |
|
|
| CONSIDERED GOOD |
18,338,467
|
17,166,124
|
| [Out of the above Debtors
totalling Rs 18,338,467/-,outstanding from Nicco Corporation
Ltd,( Holding Co.) is Rs.Nil , Previous year, Rs.1,195,672/-
] |
|
|
| TOTAL |
35,125,884
|
32,794,203
|
| |
| SCHEDULES TO THE BALANCE
SHEET AS AT 31.03.2010 |
AS AT 31.03.2010
Rs.
|
AS AT 31.03.2009
Rs.
|
| 8. CASH & BANK BALANCES
|
|
|
| CASH IN HAND (Certified by
Management ) |
1,549,077
|
10,745
|
| (Including Cheques in hand
Rs 1,505,579/-, Previous year Rs. - Nil) |
|
|
| WITH SCHEDULED BANKS :- IN
CURRENT ACCOUNTS |
1,031,035
|
3,531,254
|
| IN CASH CREDIT ACCOUNT |
616,275
|
1,648,089
|
| ON MARGIN DEPOSIT AGAINST
BANK GUARANTEE FACILITY |
655,700
|
655,700
|
| IN FIXED DEPOSIT |
-
|
50,000,000
|
| ACCRUED INTEREST ON FIXED
DEPOSIT |
-
|
29,109
|
| TOTAL |
3,852,087
|
55,874,897
|
| |
| (B ) LOANS & ADVANCES |
|
|
| 9. LOANS & ADVANCES (UNSECURED)
(CONSIDERED GOOD) |
|
|
| ADVANCES RECOVERABLE IN CASH
OR IN KIND OR FOR |
18,023,785
|
7,865,004
|
| VALUE TO BE RECEIVED |
|
|
| |
|
|
ADVANCE INCOME TAX AND TAX
DEDUCTED AT SOURCE
( Net of Provision for Taxation Current Year Rs 42,097,520/-
Previous Year Rs 31,303,314/-) |
170,469
|
1,130,692
|
| |
|
|
| DEPOSITS: |
|
|
| SECURITY AND EARNEST MONEY
DEPOSIT |
10,439,715
|
10,465,706
|
| TOTAL :: |
28,633,969
|
19,461,402
|
| CONSIDERED GOOD |
28,633,969
|
19,461,402
|
| CONSIDERED DOUBTFUL |
-
|
-
|
| |
28,633,969
|
19,461,402
|
|
|
| |
|
|
| 10. CURRENT LIABILITIES
& PROVISIONS |
|
|
| |
|
|
| a) CURRENT LIABILITIES: |
|
|
| TOTAL OUTSTANDING DUES OF
CREDITORS |
9,533,099
|
7,018,713
|
| (Due to Micro, Small and Medium
Enterprises Current Year Rs.NIL, Previous Year Rs.NIL
) |
|
|
| |
|
|
| OTHER LIABILITIES |
25,115,575
|
21,966,259
|
| ADVANCE FROM CUSTOMERS |
324,726
|
1,744,993
|
| |
|
|
| TOTAL :: |
34,973,400
|
30,729,965
|
|
|
| SCHEDULES TO THE PROFIT
& LOSS ACCOUNT FOR THE YEAR ENDEDON 31.03.2010 |
|
|
| |
FOR THE
YEAR ENDED
31.03.2010
(Rs.)
|
FOR THE
YEAR ENDED
31.03.2009
(Rs.)
|
| 11. SALES: |
|
|
| SALE OF PRODUCTS (TRADING
GOODS) |
126,647,519
|
124,270,489
|
| BILLING AGAINST SERVICE ACTIVITIES
|
83,814,889
|
85,417,672
|
| |
|
|
| TOTAL :: |
210,462,408
|
209,688,161
|
|
|
| |
|
|
| 12. OTHER RECEIPTS : |
|
|
| INTEREST RECEIVED |
346,782
|
1,007,133
|
| DIVIDEND FROM CURRENT INVESTMENTS
|
256,188
|
2,135,836
|
| MISCELLANEOUS RECEIPTS |
9,914
|
161,171
|
| BAD DEBTS RECOVERY |
-
|
106,634
|
| PROFIT ON SALE OF INVESTMENTS
|
-
|
155,131
|
| PROFIT ON SALE OF ASSETS |
1,029
|
-
|
| LIABILITY NO LONGER REQD.
WRITTEN BACK |
147,270
|
-
|
| TOTAL :: |
761,183
|
3,565,905
|
|
|
| |
|
|
| 13. COST OF MATERIALS SOLD
: |
|
|
| PURCHASE OF FINISHED GOODS
[A] |
53,393,615
|
52,580,661
|
| |
|
|
| ADJUSTMENT OF DIFFERENCE BETWEEN
CLOSING & OPENING STOCK : |
|
|
| |
|
|
| CLOSING STOCK : |
|
|
| FINISHED GOODS |
10,613,601
|
8,585,954
|
| |
10,613,601
|
8,585,954
|
| OPENING STOCK : |
|
|
| FINISHED GOODS |
8,585,954
|
6,852,140
|
| |
8,585,954
|
6,852,140
|
| (INCREASE) / DECREASE IN STOCK
[B] |
(2,027,647)
|
(1,733,814)
|
| TOTAL :: [A + B] |
51,365,968
|
50,846,847
|
|
|
| |
|
|
| 14. ENGINEERING SERVICE
EXPENSES |
|
|
| STORES & SPARES CONSUMED |
28,745,542
|
33,611,165
|
| SERVICE TAX AND WORKS CONTRACT
TAX |
3,905,574
|
3,484,911
|
| |
|
|
| TOTAL :: |
32,651,116
|
37,096,076
|
|
|
| |
|
|
| 15. EXPENSES ON EMPLOYEES
|
|
|
| SALARIES , WAGES & BONUS |
40,374,852
|
38,847,421
|
| CONTRIBUTION
TO PROVIDENT & OTHER FUNDS |
2,227,971
|
3,605,799
|
| WORKMEN & STAFF WELFARE |
3,259,390
|
2,931,348
|
| GRATUITY |
(7,048)
|
478,974
|
| TOTAL :: |
45,855,165
|
45,863,542
|
|
|
| SCHEDULES TO THE PROFIT
& LOSS ACCOUNT FOR THE YEAR ENDEDON 31.03.2010 |
|
|
| |
FOR THE
YEAR ENDED
31.03.2010
(Rs.)
|
FOR THE
YEAR ENDED
31.03.2009
(Rs.)
|
| 16. SELLING & ADMINISTRATION
EXPENSES |
|
|
| FREIGHT & TRANSPORT (NET)
|
|
565,962
|
|
1,228,828
|
| INSURANCE |
|
975,489
|
|
1,265,739
|
| RENT |
|
3,230,140
|
|
2,695,495
|
| COMMISSION ON DOMESTIC SALES
|
|
470,436
|
|
1,172,418
|
| TRAVELLING & CONVEYANCE (NET)
|
|
18,549,949
|
|
18,070,085
|
| MOTOR VEHICLE EXPENSES |
|
2,839,475
|
|
2,676,251
|
| PRINTING & STATIONARY |
|
2,874,246
|
|
3,113,317
|
| PAYMENT TO AUDITORS : |
|
|
|
|
| AUDIT FEES |
77,210
|
|
77,210
|
|
| TAX AUDIT FEE |
27,575
|
|
27,575
|
|
| IN OTHER CAPACITY |
46,879
|
151,664
|
52,500
|
157,285
|
| ADVERTISEMENT |
|
311,300
|
|
286,400
|
| DIRECTORS FEES |
|
67,500
|
|
60,000
|
| PROFESSIONAL FEES |
|
2,759,015
|
|
3,866,083
|
| REPAIR MAINTENANCE |
|
2,456,126
|
|
558,837
|
| RATES & TAXES |
|
121,041
|
|
14,403
|
| SALES PROMOTION |
|
988,054
|
|
833,287
|
| OFFICE MAINTENANCE |
|
2,502,718
|
|
1,110,441
|
| MISCELLANEOUS |
|
9,281,253
|
|
7,640,429
|
| TOTAL :: |
|
48,144,368
|
|
44,749,298
|
|
|
| |
|
|
|
|
| 17. INTEREST |
|
|
|
|
| INTEREST |
|
388,845
|
|
338,789
|
| TOTAL :: |
|
388,845
|
|
338,789
|
| |
|
|
|
|
|
|
| |
|
|
| 18. DEPRECIATION |
|
|
| DEPRECIATION |
4,180,631
|
3,770,318
|
| |
|
|
| LESS/(ADD): PRIOR PERIOD DEPRECIATION
|
|
|
| DEPRECIATION CHARGED TO PROFIT
& LOSS ACCOUNT |
|
|
| (DEPRECIATION INCLUDES AMORTISATION
OF INTANGIBLES:Current Year RS. 1,964,250/-, Previous
Year RS. 18,92,792/-) |
|
|
|
|
| |
|
