| |
Schd. No. |
|
For the year ended
31st Mar.1999 |
|
For the year ended
31st Mar 1998
|
| INCOME |
|
|
|
|
|
| Sales |
8.1 |
196,416.85 |
|
166,293.34 |
|
| Services |
|
12,100.92 |
208,517.77 |
8,787.60 |
175,080.94 |
| |
|
___________ |
|
___________ |
|
| Interest Earned |
8.2 |
|
117.42 |
|
331.38 |
| Others |
8.3 |
|
5,896.07 |
|
4,601.51 |
| Transfers from Grant-in-Aid |
8.4 |
|
3,507.08 |
|
3,772.77 |
| |
|
|
___________ |
|
___________ |
| |
|
|
218,038.34 |
|
183,786.60 |
| |
|
|
___________ |
|
___________ |
| EXPENDITURE |
|
|
|
|
|
Consumption of Raw Materials
Production Stores |
9.1 |
107,846.34 |
|
84,429.06 |
|
| Purchase of Direct Sales |
|
7,863.30 |
|
10,574.32 |
|
Consumption of Stores &
Spare Parts |
|
1,549.99 |
|
1,478.59 |
|
Sundry Charges on Installation &
Maintenence of Exchange |
|
1,549.99 |
|
3,978.89 |
|
| Cost & Expenses on Tools |
|
|
|
245.59 |
|
| Packing & Forwarding Expenses |
9.2 |
606.11 |
|
586.56 |
|
| Salaries,Wages & Bonus |
9.3 |
28,812.04 |
|
27,856.96 |
|
Company's Contribution to
Provident Fund & Other Funds |
9.4 |
3,586.99 |
|
2,689.99 |
|
Workmen & Staff
Welfare Expenses |
9.5 |
2,348.92 |
|
2,576.42 |
|
| Voluntary Retirement Scheme |
9.6 |
1,141.14 |
|
1,551.93 |
|
Power,Light & Water
Charges |
9.7 |
4,280.37 |
|
4,483.11 |
|
| Maintenance & Repairs |
9.8 |
2,241.63 |
|
1,982.75 |
|
| Depreciation |
9.9 |
4,236.34 |
|
3,556.97 |
|
| Interest |
9.10 |
15,287.80 |
|
14,798.45 |
|
Transfer of Technology
Charges |
9.11 |
127.75 |
|
375.01 |
|
Deferred Revenue Expenditure
Written Off |
|
32.36 |
|
27.36 |
|
| Others |
9.12 |
38,812.92 |
226,784.51 |
33,624.52 |
194,816.48 |
| |
|
___________ |
|
___________ |
|
| Less : |
|
|
|
|
|
| Transfer to Capital |
9.13 |
442.57 |
|
19.58 |
|
Accretion/(Decretion) to :
Work-in-Progress |
9.14 |
11,496.12 |
|
9,256.11 |
|
| Manufactured Components |
9.15 |
314.52 |
|
218.92 |
|
| Stock-in-Trade |
9.16 |
(2,089.98) |
|
4,761.51 |
|
Miscellaneous Expenditure not
written off |
9.17 |
566.38 |
10,729.61 |
15.00 |
14,271.12 |
| |
|
___________ |
|
___________ |
|
| Cost of Sales for the year |
|
|
216,054.90 |
|
180,545.36 |
| Profit before Tax for the year |
|
|
1,983.44 |
|
3,241.24 |
Prior period adjustments
(net) |
9.18 |
|
2,595.39 |
|
531.42 |
| |
|
|
___________ |
|
___________ |
| Profit before tax |
|
|
4,578.83 |
|
2,709.82 |
| |
|
|
___________ |
|
___________ |
| Includes expenditure on Research & Development
Rs.3619.79
Lakhs (Previous YearRs.33383.76 Lakhs ) |
| Less : Provision for Taxation |
|
|
|
|
|
Add : Provision for Tax
of earlier years |
|
|
0.00 |
|
0.00 |
| |
|
|
___________ |
|
___________ |
| Profit after Tax |
|
|
4,578.83 |
|
2,709.82 |
| APPROPRIATIONS |
|
|
|
|
|
| Transfer to Bonds Redemption Reserve |
|
|
1,814.00 |
|
1,778.00 |
| Proposed Dividend |
|
|
528.00 |
|
542.00 |
| Proposed Dividend |
|
|
116.00 |
|
54.20 |
| Corporate Dividend Tax |
|
|
2,120.83 |
|
335.62 |
| Profit available after appropriation |
|
|
(5.42) |
|
0.00 |
| Profit & Loss A/c brought forward |
|
|
(2,079.30) |
|
(2,414.92) |
| Transfer from Investment Allowance Reserve |
|
|
63.96 |
|
0.00 |
| Transfer from Bond Redemption Reserve |
|
|
600.00 |
|
0.00 |
| |
|
|
___________ |
|
___________ |
| |
|
|
700.07 |
|
(2,079.30) |
| |
|
|
___________ |
|
___________ |
Schedules for 11 and 12 refers to expenditure on amenities
As per our report of even date
For
Shanthamurthy
& Co.
Chartered Accounts
| K.Krishnamurthy |
C.R.PRAKASH |
A.V.VARADARAJAN |
U.D.PARADKAR |
| Partner |
Company
Secretary |
Director Finance |
Acting
CMD |
Place : Bangalore
Date : 19th August, 2000.
|
