Schedules to the Balance Sheet
in 
As at December 31, |
2010 |
2009 |
|
1 |
SHARE CAPITAL |
||
Authorized |
26,12,000 |
26,12,000 |
|
4,000 shares of 100 SEK par value |
|||
Issued, subscribed and paid up |
|||
1,000 (1,000) shares of 100 SEK par value, fully paid |
6,53,000 |
6,53,000 |
|
6,53,000 |
6,53,000 |
2 |
RESERVES AND SURPLUS |
Translation difference |
2,62,057 |
(33,969) |
|
Balance in Profit and Loss account |
24,23,940 |
– |
|
Add : Profits / (Losses) during the year |
39,59,900 |
24,23,940 |
|
63,83,840 |
24,23,940 |
||
66,45,897 |
23,89,971 |
3 |
SUNDRY DEBTORS |
Unsecured |
|||
Considered good |
77,97,265 |
67,71,383 |
|
Considered doubtful |
– |
– |
|
77,97,265 |
67,71,383 |
||
Less : Provision for doubtful debts |
– |
– |
|
77,97,265 |
67,71,383 |
4 |
CASH AND BANK BALANCES |
Balances with non-scheduled banks in foreign currency |
|||
In deposit accounts |
66,70,000 |
– |
|
In current accounts |
1,02,84,680 |
1,50,60,890 |
|
1,69,54,680 |
1,50,60,890 |
5 |
LOANS AND ADVANCES |
Advances |
|||
Prepaid expenses |
7,03,089 |
4,31,963 |
|
Interest accrued but not due |
1,112 |
– |
|
Withholding and other taxes receivable |
2,78,081 |
– |
|
9,82,281 |
4,31,963 |
||
Advance income tax |
14,59,899 |
2,42,446 |
|
Loans and advances to employees |
|||
Salary advances |
238 |
– |
|
Rental deposits |
62,243 |
63,258 |
|
25,04,660 |
7,37,667 |
6 |
CURRENT LIABILITIES |
Sundry creditors |
|||
Goods and services |
4,84,683 |
5,74,023 |
|
Accrued salaries and benefits |
|||
Salaries |
– |
3 |
|
Bonus and incentives |
66,93,748 |
56,41,040 |
|
For other liabilities |
|||
Provision for expenses |
44,28,593 |
67,75,793 |
|
Withholding and other taxes payable |
50,53,463 |
51,48,995 |
|
Others |
478 |
– |
|
1,66,60,966 |
1,81,39,854 |
7 |
PROVISIONS |
Provision for |
|||
Income taxes |
25,78,817 |
9,29,186 |
|
Unavailed leave |
7,17,925 |
4,57,929 |
|
32,96,742 |
13,87,115 |
||