Schedules to the Balance Sheet


in Rupee Symbol

As at December 31,

2010

2009

1

SHARE CAPITAL

Authorized

15,000,000 (11,200,000) shares of 1 BRL par value

39,56,80,063

29,51,41,647

 

Issued, subscribed and paid up

14,516,997 (6,504,700) shares of 1 BRL par value, fully paid

38,08,69,146

17,14,11,417

38,08,69,146

17,14,11,417

2. FIXED ASSETS

in Rupee Symbol

Particulars

Original Cost

Depreciation and amortization

Net book value

As at Jan 1, 2010

Additions / Adjustments

Deletions / Retirement
/Adjustments

As at Dec
31, 2010

As at Jan
1, 2010

For the year

Deletions / Adjustments

As at Dec
31, 2010

As at Dec
31, 2010

As at Dec
31, 2009

Plant and machinery

1,24,08,132

12,57,502

–

1,36,65,634

9,84,677

46,31,674

(1,96,974)

58,13,325

78,52,309

1,14,23,455

Computer equipment

3,59,40,725

1,72,91,180

–

5,32,31,905

41,22,403

2,64,93,506

(10,79,862)

3,16,95,771

2,15,36,134

3,18,18,322

Furniture and fitting

4,20,40,344

28,79,420

–

4,49,19,764

32,07,572

1,64,35,673

(6,71,404)

2,03,14,649

2,46,05,115

3,88,32,772

Total

9,03,89,201

2,14,28,102

–

11,18,17,303

83,14,652

4,75,60,853

(19,48,240)

5,78,23,745

5,39,93,558

8,20,74,549

Previous year

–

9,03,89,201

–

9,03,89,201

–

83,17,392

2,739

83,14,652

8,20,74,549

 

 

As at December 31,

2010

2009

3

SUNDRY DEBTORS

Debts outstanding for a period exceeding six months

Unsecured

Considered doubtful

4,53,913

–

Other debts

Unsecured

Considered good

12,93,72,379

1,07,63,754

12,98,26,292

1,07,63,754

Less : Provision for doubtful debts

(4,53,913)

–

12,93,72,379

1,07,63,754

4

CASH AND BANK BALANCES

Balances with non-scheduled banks in foreign currency

In deposit accounts

1,35,10,000

–

In current accounts

3,37,21,571

5,71,00,613

4,72,31,571

5,71,00,613

–

–

5

LOANS AND ADVANCES

Advances

Prepaid expenses

5,82,393

–

For supply of goods and rendering of services

2,26,016

3,00,272

Interest accrued but not due

30,693

–

Withholding and other taxes receivable

1,21,82,243

–

Others

19,09,347

11,60,376

1,49,30,692

14,60,648

Unbilled revenues

2,21,29,898

2,06,64,192

Loans and advances to employees

Salary advances

–

(3,89,735)

3,70,60,590

2,17,35,105

6

CURRENT LIABILITIES

Sundry creditors

Capital

–

1,85,77,221

Goods and services

2,21,20,740

1,35,55,048

Accrued salaries and benefits

Salaries

52,749

–

Bonus and incentives

81,08,213

2,287

For other liabilities

Provision for expenses

58,04,455

43,23,653

Withholding and other taxes payable

1,57,61,467

57,09,357

Unearned revenue

2,05,85,888

–

7,24,33,512

42,167,566

7

PROVISIONS

Unavailed leave

1,12,93,252

–

1,12,93,252

–

8

PROFIT AND LOSS ACCOUNT

Translation difference

(49,59,965)

(2,804,768)

Balance in Profit and Loss account

4,46,61,365

–

Add : (Profits) / Losses during the year

15,72,36,412

4,46,61,365

20,18,97,777

4,46,61,365

19,69,37,812

4,18,56,597