Schedules to the Balance Sheet as at |
December 31, 2009 | December 31, 2008 | ||
| 1 | SHARE CAPITAL | |||
| Issued, subscribed and paid up | 40,27,99,999 | 21,82,99,963 | ||
| 40,27,99,999 | 21,82,99,963 | |||
Schedules to the Balance Sheet
2. FIXED ASSETS
| Description | Original cost | Depreciation and amortization | Net book value | |||||||
| As at Jan 1, 2009 |
Additions/ Adjustments |
Deletions/ Retirement/ Adjustments |
As at Dec 31, 2009 |
As at Jan 1, 2009 |
For the period | Deletions / Adjustments |
As at Dec 31, 2009 |
As at Dec 31, 2009 |
As at Dec 31, 2008 |
|
| Plant and Machinery | 83,34,893 | 40,91,708 | – | 1,24,26,601 | 30,96,714 | 31,06,569 | – | 62,03,282 | 62,23,318 | 52,38,180 |
| Computer Equipment | 3,81,72,817 | 2,29,39,610 | (1,460) | 6,11,13,887 | 1,91,40,915 | 2,33,53,977 | (388) | 4,24,95,279 | 1,86,18,609 | 1,90,31,901 |
| Furniture and Fitting | 4,45,37,301 | 3,83,02,878 | – | 8,28,40,179 | 2,29,78,886 | 2,67,88,177 | – | 4,97,67,063 | 3,30,73,115 | 2,15,58,415 |
| Total | 9,10,45,011 | 6,53,34,196 | (1,460) | 15,63,80,667 | 4,52,16,515 | 5,32,48,723 | (388) | 9,84,65,624 | 5,79,15,042 | 4,58,28,496 |
| Previous Year | 6,71,21,007 | 2,40,99,691 | 1,75,686 | 9,10,45,011 | 47,14,570 | 4,05,48,573 | 46,628 | 4,52,16,515 | 4,58,28,496 | – |
Schedules to the Balance Sheet as at |
December 31, 2009 | December 31, 2008 | |
| 3 | SUNDRY DEBTORS | ||
| Debts outstanding for a period exceeding six months | |||
| Unsecured | |||
| Considered doubtful | 6,35,365 | – | |
| Other debts | |||
| Unsecured | |||
| Considered good | 8,92,32,795 | 2,75,54,721 | |
| 8,98,68,160 | 2,75,54,721 | ||
| Less: Provision for doubtful debts | (6,35,365) | – | |
| 8,92,32,795 | 2,75,54,721 | ||
| 4 | CASH AND BANK BALANCES | ||
| Balances with non-scheduled banks in foreign currency | |||
| In current accounts | 25,66,44,295 | 6,30,89,578 | |
| 25,66,44,295 | 6,30,89,578 | ||
| 5 | LOANS AND ADVANCES | ||
| Advances | |||
| Prepaid expenses | 72,93,000 | 13,38,338 | |
| For supply of goods and rendering of services | – | 41,515 | |
| Others | 1,16,17,044 | 73,56,245 | |
| 1,89,10,044 | 87,36,098 | ||
| Unbilled revenues | 59,15,650 | 29,58,826 | |
| Loans and advances to employees | |||
| Salary advances | 7,61,371 | – | |
| Electricity and other deposits | 17,90,374 | 1,15,811 | |
| 2,73,77,439 | 1,18,10,735 | ||
| 6 | CURRENT LIABILITIES | ||
| Sundry creditors | |||
| Capital | – | 9,55,900 | |
| Goods and services | 54,70,575 | 1,24,98,159 | |
| Accrued salaries and benefits | |||
| Salaries | – | 22,522 | |
| Bonus and incentives | 99,47,187 | 21,05,382 | |
| For other liabilities | |||
| Provision for expenses | 1,39,84,439 | 1,23,85,803 | |
| Withholding and other taxes payable | 2,32,90,096 | 1,09,14,582 | |
| Others | 1,93,22,327 | (1,30,610) | |
| Unearned revenue | 3,46,15,766 | 1,72,33,766 | |
| 10,66,30,390 | 5,59,85,504 | ||