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Mahindra
Automotive Steels Private Limited |
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Balance Sheet as at 31st March, 2006 |
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Schedule |
Rupees ( Lakhs ) |
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2006 |
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2005 |
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| I |
SOURCES OF FUNDS : |
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SHARE HOLDERS' FUNDS |
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Share Capital |
1 |
822.19 |
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1.01 |
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Share Capital Suspense |
1A |
6,076.26 |
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Share Application Money |
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4,850.00 |
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-
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Reserve & Surplus |
2 |
7,178.81 |
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18,927.26 |
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1.01 |
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LOAN FUNDS |
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Secured Loans |
3 |
4,663.86 |
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-
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Unsecured Loans |
4 |
2,496.08 |
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-
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7,159.94 |
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-
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26,087.20 |
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1.01 |
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| II |
APPLICATION OF FUNDS : |
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FIXED ASSETS |
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-
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Gross Block |
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14,947.64 |
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Less : Depreciation |
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3,094.23 |
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Net Block |
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11,853.41 |
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Capital Work in Progress |
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4,324.15 |
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Total Fixed Assets |
5 |
16,177.56 |
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INVESTMENTS |
6 |
275.73 |
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-
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NET CURRENT ASSETS |
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Current Assets |
7 |
14,105.84 |
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1.11 |
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Loans & Advances |
8 |
1,045.92 |
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0.27 |
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15,151.76 |
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1.38 |
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Less : Current Liabilities & Provisions |
9 |
6,712.58 |
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21.28 |
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Net Current Assets |
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8,439.18 |
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(19.90) |
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Miscelleneous Expenditure |
10 |
-
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20.91 |
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(To the extent not written off or adjusted) |
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Profit & Loss Account |
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1,194.73 |
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-
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26,087.20 |
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1.01 |
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Notes to Accounts |
16 |
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As per our Report of even date |
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For & on behalf of
Board of Directors |
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For B K Khare & Company |
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sd/- |
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sd/- |
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Chartered Accountants |
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Hemant Luthra |
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V.K. Chanana |
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sd/- |
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sd/- |
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sd/- |
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R.R.Krishnan |
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Romesh Kaul |
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Padmini Khare Kaicker |
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sd/- |
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sd/- |
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Partner |
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Nikhilesh Panchal |
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Fali Mama |
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Membership No. 44784 |
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Mumbai, April 28, 2006. |
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sd/- |
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sd/- |
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Manoj Jain |
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Payal Vyas |
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Chief Financial Officer |
Company Secretary |
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Mumbai, April 28, 2006. |
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Mahindra Automotive
Steels Private Limited |
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Profit & Loss account
for the year ended 31st March, 2006. |
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Schedule |
Rupees ( Lakhs ) |
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2006 |
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2005 |
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| I |
INCOME |
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Gross Sales |
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23,160.43 |
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-
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Less - Excise duty on Sales |
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3,268.44 |
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-
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Net
Sales |
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19,891.99 |
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-
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Other Income |
11 |
534.07 |
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20,426.06 |
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-
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| II |
EXPENDITURE |
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Material Consumption |
12 |
12,561.76 |
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-
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Personnel Expenses |
13 |
828.11 |
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-
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Other Expenses |
14 |
5,923.19 |
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-
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Interest & Finance cost |
15 |
841.49 |
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-
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Depreciation |
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534.68 |
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-
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20,689.23 |
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-
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Profit / ( Loss
) before Contingency |
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(263.17) |
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-
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Provision & Tax |
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Less - Contingency
provision ( Note 9 of Sch 16) |
919.23 |
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-
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Profit / ( Loss ) before tax |
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(1,182.40) |
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Less - Provision for tax |
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Fringe Benefit Tax |
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12.33 |
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Loss for the year
carried to Balance Sheet |
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(1,194.73) |
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-
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Less - Appropriations |
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General Reserve |
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Balance carried to Balance Sheet |
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Earning per Share ( Note 24 of Sch 16 ) |
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( Face value of Rs.
10 Per Share) |
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Basic |
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(19.37) |
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Diluted |
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(4.60) |
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Notes on accounts |
16 |
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As per our Report of even date |
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For & on behalf of
Board of Directors |
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For B K Khare & Company |
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Chartered Accountants |
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sd/- |
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sd/- |
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Hemant Luthra |
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V.K. Chanana |
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sd/- |
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Padmini Khare Kaicker |
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sd/- |
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sd/- |
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Partner |
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R.R.Krishnan |
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Romesh Kaul |
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Membership No. 44784 |
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Mumbai, April 28, 2006. |
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sd/- |
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sd/- |
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Nikhilesh Panchal |
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Fali Mama |
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sd/- |
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sd/- |
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Manoj Jain |
|
Payal Vyas |
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|
Chief Financial Officer |
Company Secretary |
|
Mumbai, April 28, 2006. |
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