Balance Sheet As At 31st March 2007

31st Mar. 2007 31st Mar. 2006

Particulars Schedule
Rs. Rs.
SOURCES OF FUNDS:
Shareholders Funds
Share Capital 1 1,502,830,350 1,494,424,200
Reserves and Surplus 2 3,256,895,868 2,043,487,720
  4,759,726,218 3,537,911,920
Loans Funds:
Secured Loans 3 4,781,956,249 4,017,001,091
Unsecured Loans 4 2,715,025,000 2,728,278,673
  7,496,981,249 6,745,279,764
  Total 12,256,707,467 10,283,191,684
 
APPLICATION OF FUNDS:
Fixed Assets:
Gross Block 5 7,991,237,254 6,293,018,984
Less: Accumulated Depreciation   (2,703,349,785) (2,348,210,752)
    3,944,808,232 3,117,386,104
Less: Provision for Impairment   - (299,895,000)
Add: Provision for impairment no longer required   - 299,895,000
Net Block 5,287,887,469 3,944,808,232
 
Capital Work-in-Progress (including capital advances) 6 645,731,922 417,970,903
Investments 7 1,774,411,015 826,010,046
Deferred Tax Assets (Net)   447,318,890 730,339,915
Current Assets, Loans & Advances 8
a) Inventories   2,743,097,581 1,837,331,733
b) Sundry Debtors   4,405,134,521 2,830,570,850
c) Cash & Bank Balances   356,686,604 2,261,941,693
d) Other Assets   101,034,268 57,170,335
e) Loans and Advances   1,075,196,283 757,796,513
  8,681,149,257 7,744,811,124
Less:
Current Liabilities & Provisions 9
a) Current Liabilities   4,320,335,001 3,078,945,393
b) Provisions   259,456,085 301,803,143
    4,579,791,086 3,380,748,536
Net Current Assets   4,101,358,171 4,364,062,588
  Total 12,256,707,467 10,283,191,684
Notes forming part of the Accounts 20