Pioneer Embroideries Ltd. Division----------Month-----------Date Of Submission INDEX S.No.

Monthly Reports 1 Performance Report 2 Profit & Loss A/c 3 Balance Sheet 4 Cash Flow Statement 5 Budgeted vs Actuals 6 Computer Back up of accounts

Pioneer Embroideries Ltd. Division----------Month------------

1 Production Rated Capacity (in Stiches) Actual Plant Efficiency Production Breakdown Machine Want of yarn Want of Job Other Reasons Sales Less Expenses Profit & Loss Funds In Flow Out Flow Balance in Bank Outstanding Debtors Creditors Others Stocks Yarn Fabric Finished Goods Stores Others

PERFORMENCE REPORT For the Month Till Date

Pioneer Embroideries Ltd. Division: Lasser Month: Apr'05 to Aug'05 2. Monthly Profit & Loss Account Till Date Amount

Particular Sales : Finished goods Job Work IST Finished Goods IST Job Work Others, If any Other Income Less : Sales Return Finished goods Job Work IST Finished Goods IST Job Work Others, If any Total Stocks :Increase / (Decrease) in Stock Opening Stock Finished goods Job Work Work- In - Process Closing Stock Finished goods Job Work Work- In - Progress Increase / (Decrease) in Stock Raw Material Consumption Opening Stock Yarn Fabric Others (incl. Trading of Goods) Add : Purchases (incld. IST Purchase) Yarn Fabric Others

In %

50,878,155 36,843 25,005,301 291,530 65,455

646,000

75,631,283 0

44,376,112 0 0 0 0 44,376,112 6,747,890 24,211,807 13,416,415

Less :

Closing Stock Yarn Fabric Others Stores & Spares Consumption Gross Profit

526,143 30,729,029

Less:

Manufacturing Expenses Wages : On Rolls Contractors Others Cutting & Packing charges (incl. IST) Provision for Gratuity, Bonus etc. Mending/Shearing Charges Power & Fuel Electricity Other Fule Repair & Maintenanace Machines Building Others Administrative Exp. Salaries Staff Wealfare Communication Exp. Rent,Rates & Taxes Legal & Professional Charges General Expenses Printing & Stationary Vehical Running Exp. Insurance Exp. Travelling & Conveyance Exp. Security Charges Others, If any Allocated Expenses-HO Allocated Expenses-Sarigam Selling Expenses Freight & Cartage Excise Duty Others, If any Discounts Profit / (Loss) before Interest & Depreciation Interest on fixed assets & W.C. (HO) Other Interest Profit/ (Loss)After Interest but before Depreciation Depreciation Net Profit / (Loss) 1,549,746 56,458 1,493,288 0 1,416,558 512,135 867,198 1,508,019 1,508,019

366,890 253,963 2,220 110,707 5,934,803 1,155,414 181,558 24,901 83,939 0 47,836 41,866 58,712 170,696 22,212 142,750 33,311 3,250,000 721,608 2,775,634 148,003 0 55,339 2,572,292 15,798,046 9,620,000 114,982 6,063,064 4,875,000 1,188,064

Pioneer Embroideries Ltd. Division: Lasser Month: Apr'06 Balance Sheet Liabilities HO HO-Collection & Payment Amount as on 30.04.06 Assets - Fixed Assets - Gross Block Less : Depreciation Investments Branch/Divisions Allocated Expenses Sundry Creditors: Fabric & Yarn Expenses Others - Branches & Divisions 1,213,000 Sundry Debtors - More than Six Month - Others 13,550,165 Sales Branches Loan & advances Loans Others Profit & Loss As on 01.04.05 Cash & Bank Balances - Cash Bank 19211838 #REF! - Stocks #REF! Misc. Expenditure #REF! Total 916,624 #REF! #REF! Amount as on 30.04.06 98,974,684 975,000 97,999,684 (99,889,520)

34,455,719 717,624

Total

Explanation for major variance in various expenditures:Sr. No Description Variance Increase/ (Decrease) 15,673 Increased due to conversion to three shift from 2 shift 2 Mending Charges 89,781 Increased due to excess mending. Remarks

Contributiopn

Repair & Maintenance-Machines

19,424 Increased mainly due to purchase of laser machine borer. 17,885 Increased due to purchase of Icard, computer paper, misc stationary items etc. 5,046 Increased due to higher OT during the month. (6,089) Decreased due to payment made to Joint director foreign trade Rs 6885 in last month. (6,850) Decreased in current month due to brokerage of Rs 9200 paid for 2 labour room during last month. 5,226 Increased due to tempo operating cost due to excess visit to Sarigam. (26,892) Decreased due to commission paid in last month.

Printing & Stationary

Staff Welfare

Rent, Rate & Taxes

Rent to Workers

Repair & Maintenance Others

Selling Expenses

10

Interest SIDBI

26,603 Increased due to accounting of same in current month.

11

Turnover Discounts & Provision for bad debts

(88,182) Decreased due to lower sale and lower proportion of sale to Kolakata.

Note:

Expenses incurred on Printing & Stationary, Cutting & Packing, Stores & Spares are booked on purchase basis, hence the same will fluctuate on month to month basis.

Logo here

Company Name

MIS-REPORT [JUNE-2008]
1] Profit & Loss A/c 2] Contribution Statement 3] Reason for Variance 4] Cash Flow Statement 5] Fund Flow Statement 6] Balance Sheet 7] Debtors Flow Statement 8] Finished Goods Flow 9] Debtors Aging report 10] Creditors Aging report 11] B R S Statement

MIS-1
Particulars Sales : Finished Goods - CST Sales

Page 9 of 42
Actual May'08 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Budget June'08 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

May 2008

Profit & Loss a/c for the month of May'2008

Actual June'08 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

F G - CST Sales (From godown 12 to Parties)

Finished Goods - TNGST Sales Job Work- CST Job Work- TNGST IST Sales(and Export thro Ho) Job Work- Mending Sampling Charges & others Less : Sales Return Finished Goods - CST Sales
Finished Goods - CST Sales (at godown 12)

Finished Goods - TNGST Sales Job Work- CST Job Work- TNGST Inter Stock Transfer - FG Job Work- Mending Sampling Charges Net Sales Increase / (Decrease) in Stock Opening Stock Finished goods Semi Finished Goods Work- In - Process Hakoba factory outlet stocks Closing Stock Finished goods Semi Finished Goods Work- In - Process Hakoba factory outlet stocks Raw Material Consumption Yarn Fabric Others (incl. Trading of Goods) Job Work & Proc. Charges Exps Gross Profit Less: Manufacturing Expenses Labour Charges On Rolls Welfare Expenses ESI & P.F Provision for Bonus etc. Shearing Charges Mending Charges Cutting & Packing charges Cutting Charges Packing Charges

Company Name

MIS-1
Particulars Power & Fuel Stores & Spares Repair & Maintenanace Machines Building Electrical Others Personnel Expenses Salaries Bonus, Gratuity etc. ESI & P.F and Dues Staff Welfare Administrative Exp. Insurance Exp. Travelling & Conveyance Exp. Boarding & Lodging Expenses Security Charges Legal & Professional Fees Printing & Stationary Communication Exp. Financial Charges Rent,Rates & Taxes Rent to Employees

Page 10 of 42
Actual May'08 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Budget June'08 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

May 2008 Actual June'08 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Internal Audit Fees / (Provision reversed)

Festival Exps/ Puja

General Exp - ( including other Admn Exp)

Vehical Running Exp.

Provision written back

Interest SIDBI Selling Expenses Freight & Cartage Packing Material Repair & Maintenance , Fuel -Tempo Turnover Discounts & Commission Advertisement Expenses/knit Show Allocated Expenses-HO Profit / (Loss) before Interest & Dep. Interest on fixed assets & W.C. (HO)
Profit/ (Loss)After Interest but before Depreciation

Depreciation

Net Profit / (Loss)

Company Name

MIS-1

Page 11 of 42
Actual Up to June'08 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

May 2008

c for the month of May'2008

Company Name

MIS-1

Page 12 of 42
Actual Up to June'08 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

May 2008

Company Name

MIS-2

Page 13 of 42

May 2008

Contribution Statement
No. of shifts Particulars CONTRIBUTION 1-JUNE-2008 to 31-JUNE-2008 0 0 Actual for P.Month Budgeted for Month Total Per shift Total Per shift 0 0 #DIV/0! #DIV/0! 0 0 #DIV/0! 0 0 0 0 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 0 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 0 0 0 0 #DIV/0! 0 0 0 0 0 #DIV/0! 0 0 0 0 0 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 0 0 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 0 0 0 #DIV/0! 0 0 0 0 Actual for Month Total Per shift 0 #DIV/0! 0 0 #DIV/0! 0 0 0 0 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 0 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 0 0 0 #DIV/0! 0 0 0 0 Actual upto Month Total Per shift 0 #DIV/0! 0 0 #DIV/0! 0 0 0 0 0 0 #DIV/0! 0 #DIV/0! 0 0 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 0 0 0 #DIV/0! 0 0 0

Manufacturing Charges

Labour Charges
Direct Welfare Bonus etc. to Direct Labour Incentive to Labour

Shearing Charges Mending Charges Cutting & Packing Charges

Cutting Charges Packing Charges

Power & Fuel Stores & Spares Repair & Maintainance

Machines Building Electrical / Others

Personnel Expenses
Salaries Bonus, Gratuity etc. Staff Welfare

Company Name

MIS-2 B Other Administration Charges

Insurance Expenses Travelling,Conveyance & Boarding & Lod Security Charges General Exp.(other admin exp) Printing & Stationery Communication Expenses Financial Charges Rent, Rates & Taxes Legal and Professional Charges Rent to Employees Internal Audit Fees Festival Exps Repair & Maintanence Exp. (Others) Vehicle Running Expenses Sundry Dr/Cr writeoff/writeback A/c Interest SIDBI

Page 14 of 42
0 #DIV/0! 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 #DIV/0! 0 0 0 0 0 0 #DIV/0! 0 #DIV/0! 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 #DIV/0! 0 0 0 0 0 0 #DIV/0! 0 #DIV/0! 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 #DIV/0! 0 0 0 0 0 0 #DIV/0!

May 2008 0 #DIV/0! 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 #DIV/0! 0 0 0 0 0 0 #DIV/0!

C Selling Expenses
Freight & Cartage Packing Material Repair & Maintenance Vehicle Turnover Discount & Commission Advertisement Expenses/knit Show

D Allocated Expenses
Manufacturing Exps before Interest & Depreceiation

0 #DIV/0! 0 #DIV/0! 0 #DIV/0!

0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0!

0 #DIV/0! 0 #DIV/0! 0 #DIV/0!

0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0! 0 #DIV/0!

E Interest (On Fixed Assets & W.C.)

Manufacturing Exps before Dep.

F Depreciation
Total Manufacturing Expenses Profit/(Loss) after all expenses

0 #DIV/0! 0 #DIV/0! 0 #DIV/0!

0 #DIV/0! 0 #DIV/0! 0 #DIV/0!

Company Name

MIS-3
Reason for variances 1. Contribution:B 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 37 38 Electrical & Mechanical Break down No operator Program change Others Total Total loss due to other Factor Net Loss due to Rate Diff Rs Rs Rs Rs Rs Rs Rs 509936 102914 229335 2827120 3,669,306 8,720,501 =D27+D35 (10,229,182) =D22-D37 Breakup of Loss due to Lower Efficiency Budgeted Stiches Actual Stiches Difference Loss due to lower efficiency Nos Nos Nos Rs 61,325,720 27,438,730 33,886,990 =D24-D25 5,051,195 =(D26 x 14.5 / 1000) x 10.28 Gain / (Loss) in Contribution due to Rate:Budgeted Rate Actual Rate Difference Loss Gross Loss due to Rate Diff Rs Rs Rs Rs 10.28 =D14 6.49 =D15 (3.79) =D20-D19 (1,508,681) =D9*14.5/1000*D21 Target Stiches Budgeted Stiches Actual Stiches Budgeted Efficiency Actual Efficiency Budgeted Contribution Actual Contribution Budgeted Rate / 1000 stitches Rate per 1000 Stiches C Nos Nos Nos % % Rs Rs Rs Rs D Total 52,068,076 61,325,720 27,438,730 117.78 =D8/D7*100 52.70 =D9/D7*100 8,892,000 2,581,336 10.28 6.49 4,090,017.09 =D9*14.5/1000*D14 1,508,681.09 =E14-D13 6,310,664 =D12-D13 E MAY '08

May 2008

* Saleable mtrs = 14.5 Mtrs. (Average of 16 machines @ 14mtrs, 2machines @ 19mtrs)

Company Name

MIS-4

May 2008

Cash Flow Statement for the month of June-2008 Particulars

CASH INFLOWS Opening Balance Collection from Parties Collection From Branch Branc A Branc B Branc C Branc D Received from HO Other Recovery \ Adjustment Total CASH OUTFLOWS Salary, Wages and other Allowances Electricity Chgs Communication Exp Statutory Liabilities Sundry Creditors Sundry Debtors Expenses Advance Advances agst Salary \ Wages Loan to workers \ Staff Secured Loans Head Office Branch \ Division Financial Charges SIDBI Payments Cash Expenses ( Routine) Closing Balance Total Amount (Rs)

Breakup for Closing Balance Cash in hand Cash at Bank (BRS enclosed) Company Name -

MIS-4 Total

May 2008 -

Company Name

MIS-5
Funds Flow Statement for the month of May'08 Amount (Rs)

May 2008

Sources of Funds Net Profit as per Profit & Loss Account decrease in Working Capital

Application of Funds - Vehicle Loan 6 Fixed Assets Ho allocation expenses Allocated Interest Allocated Depreciation Branch and Division

Amount (Rs) 1 1 1 1 1 1

Total

Total

Company Name here

MIS-6

May 2008

Company Name Balance Sheet as on 31.5.2008

Figures in Rupees ASSETS LIABILITIES

Current Assets
Cash in hand Bank Accounts Accounts receivable Advance Paid to creditors Inventory Loans, Advance & Deposists Cheque in transit Total Current Assets 0 0 #REF! 0 0 0 0 #REF!

Current Liabilities
Payment Due to Employees Provisions & Payables Statutory Liabilities Duties & Taxes Payable Accounts Payable Advance received from debtors SIDBI Direct Payment A/c Total Current Liabilities 0 0 0 0 0 0 0 0

Fixed Assets
Land & Development Online UPS Buildings (less accumulated depreciation) Plant and Machinery (less accumulated depreciation) Furniture and fixtures (less accumulated depreciation) Motor Car (less accumulated depreciation) Computer (less accumulated depreciation) Office Equipments (less depreciation reserve) Total Net Fixed Assets 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0

Loan Liability
Secured Loans 0

Branch / Divisions
Head Office accounts Chennai sales Office Bobbin Lace Expansion Unit Other Branch / Divisions Total Branch / Divisions 0 0 0 0

Profit/(Loss) Opening Balance Current Period-Loss . 0 0 0

TOTAL ASSETS

#REF!

TOTAL LIABILITIES

Company Name

MIS-6

May 2008

Company Name

MIS-6

May 2008

Company Name

MIS-6

May 2008

Company Name

MIS-6

May 2008

Company Name

MIS-6

May 2008

Company Name

MIS-6

May 2008

Company Name

MIS-7

May 2008

Summarised Details Of Sales and Collection for the month of June'08

Particulars Amount Rs.

Amount Rs. -

Opening Balance of Debtors Less:- Credit balance adjusting with debtors Net opening balance of debtors Add:Bills Raised during the month
By PEL-Coimbatore (Excluding IST sales)
Sales Sales Sales Sales Sales -TNGST -CST - TNGST -JW -CST-JW -Sampling Charges

Adjustment on Sales
Rate Diff /reco/other adj Carriage outward sales /Inwards debited Cheque payment returned CST 4%

Less:- Collection during the month

Cheques received PEL-Export Collected by Head office

Adjustments on Collection
Goods returns and all Expenses Debited reversed/Rate Diff Sampling Charges reversed/refunded TDS Certificates received Closing Balance of Debtors AS PER TALLY ACCOUNTS DIFF-(Credit balance adjusting with debtors) AS PER DEBTORS AGING SCHEDULE

DIFF-(Credit balance adjusting with debtors-M/s If any customer having)

Company Name

MIS-8

May 2008

Finished Goods Flow for the month of June'2008 Particulars Opening Balance of FG (as on 1.6.2008) Add:- Inwards From SF Inventory
Description Uom Qty @ Embroideries Fabric in Laces Patties 7729.000 48.58 PV Embroderies Mtrs 2225.900 82.00 Cotton Embroideries Mtrs 3623.000 241.41 Total Rs. 375,483 182,524 874,628 1,432,635 Rs. 10,914 10,914 10,914

Amount Rs.
12,956,266 1,443,549

1,432,635

From Sales Return

Description PV Embroderies Uom Mtrs Qty 133.100 Total @ 82.00

Less:- Outward Dispatched to customer (Stock Value)

Description Uom Qty @ Rs. 65,700 196,290 1,188 532 263,710 4492 Patties 2190.000 30.000 4611 Patties 4362.000 45.000 R-5854 Patties Pelc-1740-4 Mtrs 36.000 33.000 14.000 38.000 Total

265,060

263,710

Used for Sample (Stock Value)

Description Uom 4611 Patties C-701 Skin Patties C-1568 Skin Patties Qty 10.000 8.000 2.000 Total @ 45.00 90.00 90.00 Rs. 450 720 180 1,350 1,350

Closing Balance of FG Inventory as on 31.05.2008

Note :1] Sales return from Saranya Garments 2] Sales Value of Finished goods sold Rs.286892/Description Uom Qty @ 4492.000 Patties 2190.000 30.000 4611.000 Patties 4362.000 50.000 R-5854 Patties Pelc-1740-4 Mtrs 36.000 54.000 14.000 82.000 Total

14,134,755

Rs. 65,700 218,100 1,944 1,148 286,892

Company Name

MIS-9
Company Name here Debtors Aging as on 31-05-2008 Pending Amount Up to 30 31 to 60 Days 52,409 5,327 440 75,460 281,628 322 66,226 481,812 Debtors-Region B 1,688 1,688 4,270 1,876 12,936 3,451 75,460 64,766

May 2008

S.N 1 1 2 3 4 5 6 7 2 1

Particulars Debtors-Region A

Agewise Due 61 - 90 Days 91-180 Days 181-365 Days above 1 Year 15,960 19,243 440

31,134 65,722 103,002

29,580

156,148 266 175,657 322 238 1,000

156,613

45,540

Company Name here

MIS-10

Page 29 of 42

May 2008

Company Name Debtors Aging as on 31-06-2008

Sr. No A 1 B 1 2 3 4 5 6

Particulars Creditors-AMC Megatech Engineers Creditors - Fuel, Stores & Consu.,

TOTAL AMOUNT 12,242 12,242 105,573 25,516 31,465 2,583 260 181,239 Total 346,636 37,991 16,433 47,350 18,977 60,925 1,144 53,715 59,596 11,012 Total 307,142 26,904 Total 26,904 52,216 20,215 7,480 777,827 3,672 745 1,913 UPTO30 Days 12,242 12,242 32,884 2,613 31,465 260 25,696 67,222 37,991 16,433 47,350 18,977 60,925 1,144 53,715 59,596 11,012 192,687 13,452 13,452 52,216 343 777,827 3,672 745 1,913 53,715 6,726 6,726 59,596 6,726 6,726 1,144 46,046 40,156 80,331 115,387 150,454 2,583 37,674 2,501 35,015 52 2,583 31 - 60 Days 61 - 90 Days 91-180 Days 181-365 Days above 1 Year

20,350

C 1 2 3 4 5 6 7 8 9 D 1 E 1 2 3 4 5 6 7

Creditors - Job Work

Creditors - legal & Listing

Creditors -Ele & Miscellaneous 10,800 9,072 7,480

Company Name Here

MIS-10

Page 30 of 42

May 2008

8 9 Total F 1 2 3 Total G 1 2 3 4 5 6 7 Total H 1 2 3 Total GTotal Creditors - Transports & Clearing Creditors - Raw Materials Creditors-Courier, Printg & Stationery

27,345 12,210 903,623 6,580 1,200 3,206 10,986 41,136 93,028 667,814 2,391,567 48,327 8,095 5,377 3,255,344 63,368 69,278 2,399 135,045 4,997,922

11,433 8,988 839,374 2,450 3,206 5,656 1,060 1,913 1,060 22,233

15,912 3,222 28,206 3,070 1,200 3,070 1,200 41,136 93,028 26,831 32,868 745 11,152

533,177 2,004,277 8,095

107,806 341,736

7,774

4,912 48,327 5,377

2,545,549 33,985 60,455 94,440 3,770,622

449,542 29,383 8,823

7,774

5,377

53,239

193,863

2,399 38,206 590,482 117,064 253,429 55,184 2,399 211,141

Company Name Here

MIS-11
Company Name here Coimbatore-19 BRS as on 30th June '2008 [Bank Name and Branch Place]
Date 09/04/2008 21/06/2008 25/06/2008 28/06/2008 30/06/2008 30/06/2008 30/06/2008 30/06/2008 30/06/2008 30/06/2008 30/06/2008 30/06/2008 30/06/2008 30/06/2008 30/06/2008 30/06/2008 30/06/2008 30/06/2008 30/06/2008 26/06/2008 26/06/2008 26/06/2008 28/06/2008 28/06/2008 30/06/2008 26/06/2008 30/06/2008 30/06/2008 30/06/2008 30/06/2008 (Reconciliation) Particulars Vch Type Bank Payment Bank Receipt-UBI Bank Payment Bank Payment Bank Payment Bank Payment Bank Payment Bank Payment Bank Payment Bank Payment Bank Payment Bank Payment Bank Payment Bank Payment Bank Payment Bank Payment Bank Payment Bank Payment Bank Payment Bank Receipt-UBI Bank Payment Bank Payment Bank Receipt-UBI Bank Receipt-UBI Bank Receipt-UBI Bank Payment Bank Receipt-UBI Bank Payment Bank Receipt-UBI Bank Receipt-UBI Balance as per Company Books : Amounts not reflected in Bank : Balance as per Bank : Bank Date Debit 31152.00

May 2008

Credit 5760.00 104708.00 6500.00 224111.00 62500.00 111002.00 62917.00 43716.00 63577.00 106219.00 95057.00 215988.00 63618.00 108060.00 152951.00 63963.00 106436.00 106518.00

01/07/2008 01/07/2008 01/07/2008 01/07/2008 01/07/2008 01/07/2008 02/07/2008 02/07/2008 02/07/2008 02/07/2008 02/07/2008

44600.00 529.00 1140.00 5832.00 9547.00 3220.00 2716.00 21210.00 2247.00 16013.00 1644.00 310512.57 133218.00 1710233.00 1887527.57

Company Name

Pioneer Embroideries Ltd. Division: Lasser Month: Apr'05 to Nov'05 Monthly Profit & Loss Account Particular Sales : Finished goods Job Work IST Finished Goods IST Job Work Others, If any Other Income Less : Sales Return Finished goods Job Work Others, If any Total Increase / (Decrease) in Stock Opening Stock Finished goods Job Work Work- In - Process Closing Stock Finished goods Job Work Work- In - Progress Increase / (Decrease) in Stock Raw Material Consumption Opening Stock Yarn Fabric Others (incl. Trading of Goods) Add : Purchases (incld. IST Purchase) Yarn Fabric Others (incld. Tradinf of goods) Less : Closing Stock Yarn Fabric Others Job Work & Processing Charges Exps Gross Profit 924,466 110,752,240 (2,105,939) 20,933,616 19,500,662 1,432,954 18,827,677 17,767,983 1,059,694 (2,105,939) 54,056,624 3,755,999 956,933 2,799,066 55,670,112 14,167,469 23,426,377 18,076,266 5,369,487 3,845,960 1,523,527 7,632,583 46,957,094 (2) 49 3 1 3 50 13 21 16 5 3 1 7 42 1 100 (2) 247,142 14,817,485 17,767,983 1,059,694 17,767,983 1,059,694 6,564,039 3,845,960 1,523,527 6,564,039 2,447,693 1,693,312 2,423,034 3,845,960 1,523,527 983,091 7,270,355 44 26 10 44 17 11 16 26 10 7 49 2 100 #REF! #REF! 2,436,255 18,827,677 17,767,983 1,059,694 21,263,932 19,945,245 1,318,687 2,436,255 #REF! 5,427,324 3,614,631 1,812,693 #REF! #REF! #REF! #REF! 8,126,792 5,234,583 2,892,209 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! 66,495,967 6,473,872 38,247,347 310,760 148,760 60 6 35 0 0 8,333,048 1,816,856 4,842,996 13,042 58,685 56 12 33 0 0 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! Apr'05 to Oct'05 Amount In % Oct'05 Amount In % Nov'05 Amount

In %

Particular Less: Manufacturing Expenses Stores & Spares Consumption Wages : On Rolls Contractors Others (Incentives) Provision for Gratuity, Bonus etc. Cutting & Packing charges Shearing Charges Mending Charges Power & Fuel Electricity Other Fule Repair & Maintenanace Machines Building Others Administrative Exp. Salaries Staff Wealfare Communication Exp. Rent,Rates & Taxes Legal & Professional Charges General Expenses Printing & Stationary Vehical Running Exp. Insurance Exp. Travelling & Conveyance Exp. Security Charges Festival Exps Others, If any Allocated Expenses-HO Allocated Expenses-Sarigam Selling Expenses Freight & Cartage Excise Duty Others, If any Discounts Profit / (Loss) before Interest & Dep. Interest on fixed assets & W.C. (HO) Other Interest Profit/ (Loss)After Interest but before Depreciation Depreciation Net Profit / (Loss) Note:-

Apr'05 to Oct'05 Amount In %

Oct'05 Amount In %

Nov'05 Amount

In %

733,273 2,685,768 56,458 2,092,156 537,154 2,242,399 59,759 1,097,658 2,061,184 2,061,184 434,282 298,253 8,895 127,134 8,832,685 1,945,984 267,737 30,256 86,639 68,329 59,266 94,118 230,625 29,571 196,253 40,111 4,550,000 1,233,797 3,707,957 161,042 120,663 3,426,252 25,102,130 13,468,000 131,005 11,503,125 6,825,000 4,678,125

1 2 0 2 0 2 0 1 2 2 0 0 0 0 8 2 0 0 0 0 0 0 0 0 0 0 4 1 3 0 0 3 23 12 0 10 6 4

76,318 375,000 300,000 75,000 552,579 1,679 156,933 300,537 300,537 30,100 19,375 10,725 1,365,704 337,485 35,396 3,518 2,700 6,136 8,966 26,549 28,687 2,950 25,092 4,200 650,000 234,026 416,165 13,654 14,044 388,467 3,995,341 1,924,000 8,834 2,062,507 975,000 1,087,507

1 3 2 1 4 0 1 2 2 0 0 0 9 2 0 0 0 0 0 0 0 0 0 0 4 1 3 0 0 3 28 13 0 14 7 8

#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!

The profit as per books exceeds the profit as per contribution sheet on account of timing difference and trading of

Apr'05 to Nov'05 Amount In %

#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF!

#REF! #REF! #REF! #REF!

330,315 #REF! #REF! 20,933,616 19,500,662 1,432,954 21,263,932 19,945,245 1,318,687 330,315 #REF! 3,755,999 956,933 2,799,066 #REF! #REF! #REF! #REF! 8,126,792 5,234,583 2,892,209 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF!

Apr'05 to Nov'05 Amount In %

#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! - #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! - #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! - #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!

trading of goods.

B 1 2 3 4 5 6 7 8 9 10 26 27 28 42 43 44 45 46 47 48 49 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113 114 115 116 117 118 119 120 121 122 123 124 125

C Trial Balance PEL - Lasser Unit 1-Apr-2005 to 31-Dec-2005 Debit #REF! #REF! #REF!

Particulars Current Liabilities Provisions & Payables Statutory Liabilities Sundry Creditors Allocation of Expenses Outstanding Liabilities Fixed Assets Current Assets Loans & Advances (Asset) ADVANCE TAX & TDS Imprest Account Receivables Deposits (Asset) Loans & Advances (Asset) Sundry Debtors Cash-in-Hand Prepaid Expenses Prepaid Insurance Branch / Divisions Branch Exp.A/c Branch-Sales PEL-Sarigam UNIT 12 GODOWN Head Office-Collection & Payment Multihead Collection & Payment Pel-Bhiwandi Pel-Bobbin Lace Pel Coimbatore Pel-Exhibition-Mumbai PEL - Export Pel -General Div. - Naroli Pel-General Sarigam-Unit 12 Pel-Gen-Sarigam Pel-Head Office[Mumbai] PEL - Multihead Emb Unit Pel-Sale Div-Sarigam Unit 12 Pel - Sales Div - Naroli Pel-Sales Div-Sarigam Pel - Sales Exhibition - Sarigam Sales Accounts Sales F.G. Sales F.G - Duty Paid- Godown Sales Raw Materials Design Devlopment Charges Freight Realised Sale F G OMS - Unit No 12 Sales - F G Local Unit No 12 Sales - Jobwork - Local Sales-Jobwork-OMS Sales Other - Local Sales Others - OMS Sales Return #REF! Purchase Accounts Purchase Bills to Pass Purchase Expenses Coolie & Cartage - Purchase Courier Charges:Purchase Freight & Octroi - Purchase Octroi:Purchase Purchases Import Import Exps Purchase-Fabric Import Purchase-Yarn Import Purchase - Yarn Purchase Return - Yarn

Credit #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! 0.00

#REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! 6,919,769.00 630,519.00 2,962,447.00 3,326,803.00 #REF!

#REF! #REF!

133 134 135 136 137 138 139 140 141 142 143 144 145 146 147 148 149 150 151 152 153 154 155 156 157 158 159 160 161 162 163 164 165 166 167 168 169 170 171 172 173 174 175 176 177 178 179 180 181 182 183 184 185 186 187 200

B Purchase-Job Work Charges Purchase-Laces-Oms Purchase-Packing Mat - Local Purchase - Packing Mat - Oms Purchase Rtn Purchases - Needles Purchase Stores & Spares Purchase Trading Goods OMS Twisting Charges Vatv - Purchases Vatv - Purchases- Fabric Yarn Jobwork Direct Expenses MANUFACTURING EXP. LABOUR INCENTIVE R & M - Factory Embroidery Charges (Jobwork) Job Work Exp. Mending Charges Mending Charges - Sarigam 12 Shearing Charges Purchase - Stores & Spares Cutting & Packing Charges Labour Charges Stores & Spares Indirect Incomes Cheque Rtn Charges Misc.Income Sundry Balances Write Off A/c Indirect Expenses ADMINISTRATIVE EXP. Insruance Expenses Travelling & Conveyance Electricity Charges Diwali Expenses Internal audit Fees Other General Exp. Printing & Stationery Round Off Allocated Expenses:Head Office Allocated Expenses-Head Office Depreciation Interest (On Fixed Assets & W.C.) Labour Charges:Allocated Rent:Allocated Communication Expenses Financial Charges Interest Expenses Bank Charges L/C Charges PAYROLL EXP. Incentives to Staff P F & ESIC Exp. Bonus Balance Heads RENT RATES & TAXES

C #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! 0.00 0.00 0.00

#REF! #REF! #REF! #REF! #REF! #REF! 99,180.00 #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF!

#REF! #REF! #REF! #REF! #REF!

0.00

0.00

0.00

201 202 203 204 205 206 207 208 209 210 211 212 213 214 215 216 217 218 219 220 221 222 223 224 225 226 227 228 229 230 231 232 233 234 235 236 237 238 239 240 241 242 243 244 245 246 247 248 249 250 251 252 253 254 255 256 257 258

B Repair & Maintanence Exp. R & M - VEHICLE R&M Building R & M - Computer R & M - Electricals R & M - Furniture R & M - Office Equipment R & M - Others R & M Vehicle (Tempo) SELLING EXP. Discount on Sales Commission & Brokerage - Sale Coolie & Cartage - Sales Freight & Octroi - Sales Octroi: Sales Packing Charges Sampling Charges Allocated Exp- Sarigam 12 Exchange Rate Fluctuation Security Charges Inter Stock Trf - Purchase Ist- Purchase IST- Purchase-Exhibition Borivali Ist-Purchase-Fabric-Bhiwandi Ist-Purchase-Yarn-Bhiwandi IST - Packing Mat - Coimbatore Ist-Purchase-Fabric-Naroli Ist-Purchase-Fabric-Sarigam Ist-Purchase-Fg-Sarigam Unit 12 Ist-Purchase-Jobwork-Fabric-Srg Ist-Purchase-Job Work-Multihead Ist - Purchases Delhi Ist - Purchases - Sarigam - Godown Ist - Purchase - Yarn - Multihead Ist-Purchase-Yarn-Naroli Ist-Purchase-Yarn-Sarigam Ist Purch Fabric Kolkatta Ist Purch Fabric - Surat Ist Purch Yarn Coimbatore Ist Pur - Fabric Coimbatore Ist - Pur - Packing Mat - Sarigam Ist Pur - Sales Offfice T/T Ist - Pur - Store & Spares- Sarigam Inter Stock Trf - Sales IST - F.G. IST - Raw Materials Ist-Sale-Fabric-Multihead IST-Sale-Fabric-Naroli IST - Sale Fabric - Pel Coimbatore Ist-Sale-Fabric-Sarigam Ist-Sale-Yarn-Multihead Ist-Sale-Yarn-Naroli IST - Sale Yarn - Pel Coimbatore Ist-Sale-Yarn-Sarigam Vatav - IST Profit & Loss A/c Grand Total

C #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! 17,025.00 #REF! 0.00

D 0.00

0.00

#REF! 0.00 0.00

#REF! #REF! #REF! #REF! #REF! #REF! #REF! #REF! 523,142.00 #REF! #REF! 33,224,487.76

#REF!

#REF!

#REF!

Pioneer Embroideries Ltd. Division: Lasser Month: Apr'05 to Aug'05 Cash Flow Statement

Inflows Opening Balances Cash Bank

Amount For the Month

Outflows

Amount For the Month

To Branch/ Division 6,852 Naroli - Multihead Head Office Collection To Creditors for Goods To Other Liabilities

5,820 49,777 17,835,945 19,458,821 323,456 139,969 400

From Branch/Division PEL-Head Office

To Staff as loan & Advances 894,660 To Fixed Assets

From Debtors From Sales Branches From Cash Sales Others, If any

25,432,804 For Expenses : 14,564,685 - Manufacturing Exps - Payroll Expenses Power & Fuel Repair & Maintenanace Administrative Exp. Selling Expenses Excise Duty Others, If any Closing Balance Cash Bank

358,634 951,120 1,208,019 75,114 279,587 136,560

73,053

2,727 40,899,001

Total

40,899,001 Total

Pioneer Embroideries Ltd. Division: Multihead Month: Apr'06 Cash Flow Statement Particulars (Rs) Profit as per P & L Depreciation Profit before working capital adjustments Change in working capital Current Assets Debtors Branch Sales Others Stock Current Liabilities Creditors Others Branchs Amount (Rs) (210,663) 272,000 61,337 (1,432,625) 1,278,111 685,190 0 (1,500) 594,421 (154,514) (852,627) 698,113 140,059 140,059

Cash from operations as per Cash Flow CASh & Bank Head Office (Paid To Head Office net of Allocation)

54,586 (1,237,980)

Pioneer Embroideries Ltd. Division Lasser Month July 2004 5. Budgeted Vs Actuals For the Month

Particular Contribution Manufacturing Expenses Jobwork expenses Mending charges dyeing charges punching charges freight & octori inwards coolie & cartage inwards Wages : On Rolls Contractors Others Salaries of Technicals & Others Staff Wealfare Cutting & Packing charges Power & Fuel Electricity Other Fule

Amount Actual Budgeted

Variation Amount %

45000 52000 86000 17000 130000 8000

3900 10900 1200

68000

293000

Repair & Maintenanace Machines Building Others Administrative Exp. Salaries Staff Wealfare Communication Exp. Rent,Rates & Taxes Legal & Professional Charges General Expenses Printing & Stationary Vehical Running Exp. Insurance Exp. Travelling & Conveyance Exp. Others, If any Selling Expenses 150000 3000 3000 7000 32000 5000 4000 7000 6000 10000 40000 5000

Freight & Cartage Outward Excise Duty Others, If any (coolie & cartage exp) Claims

48000 50000 18000