MICROSENSE COMPUTERS PRIVATE LIMITED. BALANCE SHEET AS AT 31S™MARCH 1994. SOURCES OF FUNDS SCHEDULE 31.03.1994 31.03.1993, Share Capital i 832,200.00 832,200.00 Reserves & Surplus 2 470,145.17 421,536.22 Secured Loans 3 160,301.58 939,990.40 TOTAL TA, 46.78 2936 APPLICATION OF FUNDS Fired Assets Gross Block 4 1,628,003.83, 1,471,793.83 Less: Depreciation 928,923.00 872,939.59 Net Block 699,080.83, 598,954.28 Current Assets, Loans & Advances Inventories z 726,886.00 2,479,895.37 Debtors 6 2,793,064.95 1,591,779.15 Cash & Bank Balances 1 343,445.46. 919,708.43 Other Current Assets 8 0.00 62,994.34 Loans & Advances 9 129,824.17 1,269,214.86 93,220.58 6,323,592.15 Less: Current Liabilities & Provisions 10 4,329,654.66 4.728,819.77 Not Current Assets 763,565.92 ——=—S*SCSC«Y 894,772.38 TOTAL 1,462,646.15 2,193,726.62 ‘Notes om Accounts 7 The schedules referred form an integral part ofthe Balance Sheet. PLACE: SECUNDERABAD DATE : 10th AUGUST 94 AS PER OUR REPORT ANNEXED For N.M.SWAMY & CO. Chartered Accountants ‘M.Anand Kumar Partner. For and on behalf of the Board Rajiv Talwar Managing Director. S.Kailasanathan Director.MICROSENSE COMPUTERS PRIVATE LIMITED. P&L ACCOUNT FOR YEAR ENDED 31* MARCH 1994. INCOME SCHEDULE 31.03.94 31.03.93 Sales ul 19,592,039.24 17,689,770.56 Other Income 2 563,438.75 679,974.00 20,155,477.99 18,369,744.56 EXPENDITURE Cost of goods & Direct Expenses 13 12,257,645.14 12,354,467.16 Personnel 4 2,335,875.00 2,016,602.28 Depreciation 4 56,083.41 46,111.37 Other Expenses 15 5,046,683.30 3,621,561.59 Interset, 18 162,389.75 44 19,858,685.60 18,173,196.62 Profit Before Tax 296,792.39 196,547.94 Povision for Tax 175,376.00 98,000.00 Profit after Tax 121,416.39 98,547.94 Investment Allowance Reserve W/B 71,155.00 0.00 Net Prior Period Income/Expenditure (72,807.44) 103,924.00 Profit Brought Forward 236,537.22 34,065.28 Profit Carried Forward 356,301.17 236,537.22 Notes on Accounts 7 The Schedules referred Form an integral part of the Profit & Loss Account. PLACE: SECUNDERABAD DATE : 10AUGUST 1994 AS PER OUR REPORT ANNEXED ForN.M.SWAMY & Co, For and on behalf of the Board, Charted Accountants, M.AnandKumar Rajiv Talwar S.Kailasnathan Partner. ‘Managing Director. Director.