Schedules to the Balance Sheet as at |
March 31, 2010 | March 31, 2009 | |
| 1 | SHARE CAPITAL | ||
| Issued, subscribed and paid up | |||
| 5,000 (5,000) equity shares of PLN 500 each fully paid | 3,93,50,000 | 3,93,50,000 | |
| 3,93,50,000 | 3,93,50,000 | ||
| 2 | RESERVES AND SURPLUS | ||
| Translation difference | 65,59,569 | (9,15,881) | |
| Share premium account | 39,34,96,852 | 39,34,96,852 | |
| Balance in Profit and Loss account | 23,34,89,046 | 3,61,05,901 | |
| 63,35,45,467 | 42,86,86,872 | ||
Schedules to the Balance Sheet
3. FIXED ASSETS
Description |
Original cost |
Depreciation and amortization |
Net book value |
|||||||
| As at April 1, 2009 | Additions/ Adjustments |
Deletions/ Retirement/ Adjustments |
As at March 31, 2010 | As at April 1, 2009 |
For the period | Deletions / Adjustments | As at March 31, 2010 | As at March 31, 2010 | As at March 31, 2009 | |
| Goodwill | 35,20,12,240 | – | – | 35,20,12,240 | – | – | – | – | 35,20,12,240 | 35,20,12,240 |
| Land - Leasehold | – | – | – | – | – | – | – | – | – | – |
| Buildings | – | – | – | – | – | – | – | – | – | – |
| Leasehold improvements | – | 12,20,700 | – | 12,20,700 | – | 39,459 | (687) | 40,146 | 11,80,554 | – |
| Plant and machinery | 2,04,03,821 | 1,76,44,385 | – | 3,80,48,206 | 85,60,907 | 69,44,303 | (6,03,347) | 16,108,557 | 2,19,39,649 | 1,18,42,917 |
| Computer equipment | 4,10,14,565 | 2,38,13,769 | – | 6,48,28,334 | 3,32,31,203 | 1,51,10,277 | (2,92,905) | 48,634,385 | 1,61,93,949 | 77,83,369 |
| Furniture and fixtures | 1,69,81,098 | 27,55,941 | – | 1,97,37,039 | 96,48,730 | 40,89,735 | (7,92,369) | 14,530,834 | 52,06,205 | 73,32,365 |
| Vehicles | 9,65,469 | 88,322 | – | 10,53,791 | 9,65,469 | – | (88,322) | 1,053,791 | – | – |
Total |
43,13,77,193 | 4,55,23,117 | – | 47,69,00,310 | 5,24,06,309 | 2,61,83,774 | (17,77,630) | 8,03,67,713 | 39,65,32,597 | 37,89,70,891 |
| Capital Work in Progress | 1,77,25,622 | |||||||||
| Schedules to the Balance Sheet as at | March 31, 2010 | March 31, 2010 | |
| – | 1,77,25,622 | ||
| 4 | SUNDRY DEBTORS | ||
| Other debts | |||
| Unsecured | |||
| Considered good | 25,49,29,932 | 25,48,03,382 | |
| 25,49,29,932 | 25,48,03,382 | ||
| Less: Provision for doubtful debts | – | – | |
| 25,49,29,932 | 25,48,03,382 | ||
| – | – | ||
| – | |||
| 5 | CASH AND BANK BALANCES | ||
| Cash on hand | 5,13,812 | 89,609 | |
| Balances with non-scheduled banks in foreign currency | |||
| In deposit accounts | 7,81,50,000 | – | |
| In current accounts | 3,10,49,294 | 34,39,686 | |
| 10,97,13,106 | 35,29,295 | ||
| 6 | LOANS AND ADVANCES | ||
| Advances | |||
| Prepaid expenses | 51,19,577 | 16,14,501 | |
| Interest Accrued but not due | 1,65,503 | – | |
| Others | 74,53,965 | (35,57,375) | |
| 1,27,39,045 | (19,42,874) | ||
| Unbilled revenues | 1,82,15,799 | – | |
| Advance income tax | 93,27,839 | 91,99,980 | |
| Loans and advances to employees | |||
| Salary advances | 22,78,117 | 75,90,159 | |
| Electricity and other deposits | 12,10,628 | 57,280 | |
| Rental deposits | 2,50,96,114 | 2,29,92,728 | |
| Mark-to-market on options / forward contracts | 48,61,682 | – | |
| 7,37,29,223 | 3,78,97,274 | ||
| 7 | CURRENT LIABILITIES | ||
| Sundry creditors | |||
| Capital | – | 3,99,342 | |
| Goods and services | 51,38,288 | 1,75,24,525 | |
| Accrued salaries and benefits | |||
| Salaries | 2,65,72,096 | 3,02,73,492 | |
| Bonus and incentives | 2,40,70,208 | 1,30,17,543 | |
| For other liabilities | |||
| Provision for expenses | 2,50,07,425 | 1,91,23,442 | |
| Retention monies | – | (34,55,608) | |
| Withholding and other taxes payable | 64,50,712 | (2,03,43,542) | |
| For purchase of intellectual property rights | |||
| Mark-to-market on options / forward contracts | – | 2,50,16,375 | |
| Others | (56,48,023) | 16,61,367 | |
| Unearned revenue | 3,63,14,956 | 1,55,52,524 | |
| 11,79,05,662 | 9,87,69,461 | ||
| 8 | PROVISIONS | ||
| Provision for | |||
| Income taxes | 12,75,470 | 13,92,463 | |
| Post-sales client support and warranties | 1,02,32,501 | 63,32,706 | |
| Unavailed leave | 3,25,95,757 | 2,51,95,019 | |
| 4,41,03,728 | 3,29,20,188 | ||