Schedules to the Balance Sheet as at |
March 31, 2010 | March 31, 2009 | |
| 1 | SHARE CAPITAL | ||
| Issued, subscribed and paid up | |||
| 70,000 (70,000) equity shares of THB 1,000 each fully paid | 9,38,00,000 | 9,38,00,000 | |
| 9,38,00,000 | 9,38,00,000 | ||
2. FIXED ASSETS
Particulars |
Original cost |
Accumulated depreciation |
Net book value |
|||||||
| Cost as of April 01,2009 |
Additions during the year |
Deletions during the year |
Cost as of March 31,2010 |
As of April 01,2009 |
For the year | Deductions during the year |
As of March 31,2010 |
As of March 31,2010 |
As of March 31,2009 |
|
| Goodwill | 10,16,56,772 | – | – | 10,16,56,772 | – | – | – | – | 10,16,56,772 | 10,16,56,772 |
| Land - Leasehold | – | – | – | – | – | – | – | – | – | – |
| Buildings | – | – | – | – | – | – | – | – | – | – |
| Leasehold improvements | 13,85,506 | (38,755) | – | 13,46,751 | 8,85,461 | 4,92,668 | 31,378 | 13,46,751 | – | 5,00,045 |
| Plant and machinery | – | – | – | – | – | – | – | – | – | – |
| Computer equipment | 14,50,832 | 8,72,071 | – | 23,22,903 | 8,89,923 | 8,06,172 | 34,363 | 16,61,732 | 6,61,171 | 5,60,909 |
| Furniture and fixtures | 8,68,094 | (24,282) | – | 8,43,812 | 1,72,564 | 1,70,732 | 6,752 | 3,36,544 | 5,07,268 | 6,95,530 |
| Vehicles | – | – | – | – | – | – | – | – | – | – |
| 10,53,61,204 | 8,09,034 | – | 10,61,70,238 | 19,47,948 | 14,69,572 | 72,493 | 33,45,027 | 10,28,25,211 | 10,34,13,256 | |
| Schedules to Profit and Loss account for the | Year ended March 31, | ||
| 2010 | 2009 | ||
| 3 | SUNDRY DEBTORS | ||
| Other debts | |||
| Unsecured | |||
| Considered good | 4,38,79,732 | 3,12,96,481 | |
| 4,38,79,732 | 3,12,96,481 | ||
| Less: Provision for doubtful debts | – | – | |
| 4,38,79,732 | 3,12,96,481 | ||
| 4 | CASH AND BANK BALANCES | ||
| Balances with non-scheduled banks in foreign currency | |||
| In current accounts | 3,46,62,796 | 1,81,32,952 | |
| 3,46,62,796 | 1,81,32,952 | ||
| 5 | LOANS AND ADVANCES | ||
| Advances | |||
| For supply of goods and rendering of services | 7,63,183 | 9,29,169 | |
| Withholding and other taxes receivable | 7,86,596 | 1,78,034 | |
| Others | 2,99,907 | 2,28,528 | |
| 18,49,686 | 13,35,731 | ||
| Advance income tax | 34,44,907 | 27,01,757 | |
| Loans and advances to employees | |||
| Salary advances | 9,83,372 | 15,34,762 | |
| Electricity and other deposits | 16,888 | 31,674 | |
| Rental deposits | 18,69,914 | 19,98,084 | |
| 81,64,767 | 76,02,008 | ||
| 6 | CURRENT LIABILITIES | ||
| Sundry creditors | |||
| Goods and services | 47,61,059 | 80,67,755 | |
| Accrued salaries and benefits | |||
| Salaries | – | 12,21,227 | |
| Bonus and incentives | 5,56,92,029 | 5,88,79,692 | |
| For other liabilities | |||
| Provision for expenses | 3,87,00,791 | 1,86,29,281 | |
| Withholding and other taxes payable | 4,63,139 | 3,21,602 | |
| Others | 41,700 | 1,76,679 | |
| Unearned revenue | 15,10,110 | 10,41,934 | |
| 10,11,68,828 | 8,83,38,170 | ||
| 7 | PROVISIONS | ||
| Provision for | |||
| Post-sales client support and warranties | 12,69,580 | 11,41,306 | |
| Unavailed leave | 22,69,143 | 23,34,442 | |
| 35,38,723 | 34,75,748 | ||
| 8 | BUSINESS PROCESS MANAGEMENT EXPENSES | ||
| Salaries and bonus including overseas staff expenses | 12,20,40,431 | 16,47,65,967 | |
| Group health insurance | – | 20,152 | |
| Contribution to provident and other funds | 15,78,406 | 23,17,456 | |
| Staff welfare | 31,20,653 | 86,79,494 | |
| Technical sub-contractors | 1,19,36,268 | 3,06,161 | |
| Overseas travel expenses | 1,43,31,189 | 18,44,858 | |
| Visa charges and others | 8,66,603 | 13,59,508 | |
| Software packages | |||
| For own use | 56,539 | – | |
| Communication expenses | 3,47,91,437 | 3,48,79,035 | |
| Computer maintenance | (1) | 57,813 | |
| Rent | 62,87,417 | 55,77,455 | |
| Miscellaneous expenses | 60,24,792 | 32,63,878 | |
| 20,10,33,734 | 22,30,71,777 | ||
| 9 | GENERAL AND ADMINISTRATION EXPENSES | ||
| Salaries and bonus including overseas staff expenses | 2,01,19,971 | 1,82,93,919 | |
| Group health insurance | 118 | 7,53,138 | |
| Contribution to provident and other funds | – | 1,93,684 | |
| Telephone charges | 9,96,976 | 4,32,514 | |
| Professional charges | 9,57,435 | 14,71,430 | |
| Power and fuel | 17,68,506 | 20,90,368 | |
| Travel and conveyance | 4,22,178 | 2,93,719 | |
| Overseas travel expenses | 14,73,450 | 2,56,620 | |
| Visa charges and others | 99,076 | 2,459 | |
| Office maintenance | 13,10,190 | 11,92,968 | |
| Guesthouse maintenance | – | – | |
| Insurance charges | 3,666 | 2,85,960 | |
| Printing and stationery | 11,44,599 | 15,34,133 | |
| Rent | 4,61,952 | 4,17,813 | |
| Repairs to plant and machinery | 2,11,705 | 5,131 | |
| Rates and taxes | – | 1,344 | |
| Postage and courier | 5,96,806 | 8,09,221 | |
| Books and periodicals | 21,024 | 8,243 | |
| Recruitment and training | 1,58,447 | 3,21,359 | |
| Provision for bad and doubtful debts | (31,718) | 13,236 | |
| Bank charges and commission | 1,86,363 | 2,14,227 | |
| Auditor’s remuneration | |||
| Statutory audit fees | 4,74,540 | 2,48,860 | |
| Miscellaneous expenses | 2,11,729 | 2,39,913 | |
| 3,05,87,012 | 2,90,80,261 | ||
| 10 | OTHER INCOME, NET | ||
| Interest received on deposits with banks and others* | 18,958 | 13,213 | |
| Miscellaneous income | – | 1,86,986 | |
| Exchange gains / (losses) | (63,20,810) | 54,73,379 | |
| (63,01,852) | 56,73,578 |