25.10.2013 Views

GAMMON INDIA LIMITED

GAMMON INDIA LIMITED

GAMMON INDIA LIMITED

SHOW MORE
SHOW LESS

You also want an ePaper? Increase the reach of your titles

YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.

The share issue expenses will be charged to the Profit and Loss Account in the first year when the<br />

Company draws up the Profit and Loss Account.<br />

22. Minority Interest<br />

Minority interest comprises of amount of equity attributable to the minority shareholders at the date on<br />

which investments are made by the Company in the subsidiaries and further movements in their share<br />

in the equity, subsequent to the date of the investments.<br />

B. NOTES TO ACCOUNTS<br />

1. SUBSIDIARIES<br />

Name of Subsidiaries<br />

1 GIPL GROUP<br />

Gammon Infrastructure<br />

Projects Ltd.(GIPL)<br />

Rajahmundry<br />

Expressway Ltd.(REL)<br />

Andhra Expressway<br />

Ltd.(AEL)<br />

Cochin Bridge<br />

Infrastructure Co.<br />

Ltd.(CBICL)<br />

Mumbai Nasik<br />

Expressway<br />

Ltd.(MNEL)<br />

Sikkim Hydro Power<br />

Ventures Ltd.(SHPVL)<br />

Gammon Projects<br />

Developers Ltd.(GPDL)<br />

Kosi Bridge<br />

Infrastructure Company<br />

Ltd.(KBICL)<br />

Gorakhpur Infrastructure<br />

Company Ltd. (GICL)<br />

Marine Projects Service<br />

Ltd. (MPSL)<br />

Tidong Hydro Power<br />

Ltd. (THPL)<br />

Gammon Logistics Ltd.<br />

(GLL)<br />

Gammon Hospitality<br />

Ltd. (GHL)<br />

Gammon Metro<br />

Transport Ltd. (GMTL)<br />

Jaguar Projects<br />

Developers Ltd. (JPDL)<br />

Pravara Renewable<br />

Energy Ltd. (PREL)<br />

Rajahmundry Godavari<br />

Bridge Ltd. (RGBL)<br />

a) The following subsidiaries companies have been consolidated in the Financial Statements<br />

Country of<br />

Incorporation<br />

For the Year 2008- 09 For the Year 2007- 08 For the Year 2006- 07<br />

Ownership<br />

Interest<br />

Effective<br />

Interest<br />

Ownership<br />

Interest<br />

Effective<br />

Interest<br />

Ownership<br />

Interest<br />

Effective<br />

Interest<br />

India 76.15% 76.15% 76.15% 76.15% 82.50% 82.50%<br />

India 93.50% 71.20% 93.50% 71.20% 93.50% 77.14%<br />

India 93.50% 71.20% 93.50% 71.20% 93.50% 77.14%<br />

India 97.66% 74.37% 97.66% 74.37% 97.66% 80.57%<br />

India 79.99% 60.91% 79.99% 60.91% 79.99% 65.99%<br />

India 100.00% 76.15% 100.00% 76.15% 100.00% 82.50%<br />

India 100.00% 76.15% 100.00% 76.15% 100.00% 82.50%<br />

India 100.00% 76.15% 100.00% 76.15% 100.00% 91.43%<br />

India 100.00% 83.57% 94.90% 72.27% 94.90% 78.29%<br />

India 100.00% 76.15% 100.00% 76.15% - -<br />

India 51.00% 51.00% 100.00% 76.15% - -<br />

India 100.00% 76.15% 100.00% 76.15% - -<br />

India 100.00% 76.15% - - - -<br />

India 100.00% 76.15% - - - -<br />

India 100.00% 76.15% - - - -<br />

India 100.00% 76.15% - - - -<br />

India 100.00% 76.15% - - - -<br />

F<br />

33

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!