RBM-TANTIA JOINT VENTURE

QUERIES ON MANAGEMENT ACCOUNT AS AT 30 SEPTEMBER 2004.(REVISED)

BALANCE SHEET

1 Fixed Assets Register

a) Plant & Machinery

Some of the items without Date of Invoice, Invoice no. and Supplier name. Kindly check.

b) Motor Vehicle (Heavy)

Some of the items without Date of Invoice, Invoice no. and Supplier name. Kindly check.

c) Acc. Depn. of Rs 4,068,367.77 does not tally with the Depreciation in Profit & Loss of Rs 4,424,387.38.
Kindly reconcile the difference of Rs 356,019.61.

d) Amortisation of Capital Work In Progress - Miscellaneous Expenses

Kindly explain the basis and accounting entry for the amortisation.

2 Cash & Bank Balances

a) Closing balance in ledger provided does not tally with the amount in Balance Sheet for the following banks:-
Kindly explain
Ledger B/Sheet
Global Trust Bank - INR A/C; (180,483.86) 4,052.48
Vijaya Bank - Kolkata. 1,645,919.00 896,038.00

b) Ledger provided is too long (from 1/4/04 to 30/9/04). Kindly provide ledger for that month's transaction only.

3 Amount due from/(to) JV Partners

Closing balance in ledger provided does not tally with the amount in Balance Sheet for the following :-

Ledger B/Sheet
Rs Rs
a) RBM-PATI JV 7,518,243.00 7,481,757.00
b) Tantia Construction Co Ltd 5,883,890.90 7,880,341.90
c) Road Builder (M) Sdn Bhd (2,283,953.19) (5,445,667.52)

Kindly explain.

4 HP Repayment Schedules

a) Amount in Balance Sheet for SREI Finance Ltd - Rs 54,982,168.00 does not match with the total amount
of Rs 54,948,578.00 in Summary provided. Kindly explain.

b) Total amount for Hire purchase - Creditors of Rs 79,619,142.00 in Notes to B/S does not tally with the total
amount of Rs 79,440,996.00 in the lower part. Kindly adjust.
RBM-TANTIA JOINT VENTURE

QUERIES ON CASHFLOW STATEMENT FOR THE PERIOD ENDED 30 SEPTEMBER 2004.

1 Kindly be reminded that Cash Flow Statement for the month of October 2004 should be prepared
based on the actual inflows and outflows instead of Income Statement figures.