Balance Sheet
in 
As at March 31, |
Schedule |
2011 |
2010 |
SOURCES OF FUNDS |
|||
SHAREHOLDERS’ FUNDS |
|||
Share capital |
1 |
1,00,00,000 |
1,00,00,000 |
Reserves and surplus |
2 |
3,21,47,352 |
1,24,06,887 |
4,21,47,352 |
2,24,06,887 |
||
APPLICATION OF FUNDS |
|||
FIXED ASSETS |
3 |
||
Original cost |
1,17,31,375 |
43,56,215 |
|
Less : Accumulated depreciation |
47,44,126 |
9,97,667 |
|
Net book value |
69,87,249 |
33,58,548 |
|
DEFERRED TAX ASSETS, NET |
4 |
50,037 |
31,31,734 |
CURRENT ASSETS, LOANS AND ADVANCES |
|||
Sundry debtors |
5 |
3,79,41,484 |
2,10,69,586 |
Cash and bank balances |
6 |
2,18,67,988 |
2,56,36,189 |
Loans and advances |
7 |
4,78,62,764 |
92,52,753 |
10,76,72,236 |
5,59,58,528 |
||
LESS : CURRENT LIABILITIES AND PROVISIONS |
|||
Current liabilities |
8 |
6,03,77,492 |
2,99,28,449 |
Provisions |
9 |
1,21,84,678 |
1,01,13,474 |
NET CURRENT ASSETS |
3,51,10,066 |
1,59,16,605 |
|
4,21,47,352 |
2,24,06,887 |
||
SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS |
16 |
Note : The schedules referred to above are an integral part of the Balance Sheet.
As per our report attached
for B S R & Co. |
for and on behalf of Board of Directors of |
Supreet Sachdev |
S. D. Shibulal |
Chandra Shekar Kakal |
B. G. Srinivas |
Bangalore
April 11, 2011