Annual Report 2006-2007 - Gammon India

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16 G a m m o n ' s P r o j e c t s Residential Apartments “Bearys Lakeside Habitat” at Bangalore Saharanpur pipeline Hebbal Interchange Bridge Kandla jetty
DIRECTORS’ REPORT 17 Annual Report 2006-2007 Your Directors have pleasure in presenting their 85 th Annual Report together with the Audited Accounts of the Company for the year ended 31 st March, 2007. 1. FINANCIAL PERFORMANCE: Current Year Rs. in Crores 12 Months Previous Period Rs. in Crores 15 Months The Profit for the year before providing Depreciation and Taxation amounted to: 178.28 148.26 From which is to be deducted: Depreciation 35.22 37.10 Profit Before Taxation 143.06 111.16 Provision for Taxation: – Current Tax 40.10 9.25 – Deferred Tax 3.40 (2.07) – Fringe Benefit Tax 1.20 1.15 44.70 8.33 Profit After Tax 98.36 102.83 Add/(Less) Excess/(Short) Provision of taxation for earlier years (53.88) 1.41 Net Profit After Prior Year Tax Charge 44.48 104.24 Profit Brought Forward from last year 102.82 42.40 Profit Available for Appropriation 147.30 146.64 Less: Amount Transferred to General Reserve (10.00) (25.00) Amount Transferred from Debenture Redemption Reserve – 17.16 Amount Transferred to Debenture Redemption Reserve (10.71) (10.00) Amount Transferred to Special Contingency Reserve (10.00) (20.00) Proposed Dividend (0.87) (5.25) Interim Dividend (3.50) – Tax on Dividend (0.64) (0.73) (35.72) (43.82) Balance Carried to Balance Sheet 111.58 102.82 Your Company achieved a Turnover of Rs. 1844.84 crores (excluding company’s share of turnover in Joint Venture aggregating to Rs. 239.49 crores) during the year ended 31 st March, 2007 as compared to a Turnover of Rs. 1454.44 crores (excluding company’s share of turnover in Joint Venture aggregating to Rs. 191.25 crores) for the previous period ended 31 st March, 2006 (of 15 months) thereby registering an increase of 57% on annualized basis. Profit before tax (after providing for deprecation) for the year ended 31 st March, 2007 stood at Rs. 143.06 crores compared to Profit before tax of Rs. 111.16 crores in the previous period indicating an increase of 60.87% on an annualized basis.
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Page 36 and 37: GAMMON INDIA LIMITED To The Members
Page 38 and 39: GAMMON INDIA LIMITED 1. Industry St
Page 40 and 41: GAMMON INDIA LIMITED Presently your
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Page 46 and 47: GAMMON INDIA LIMITED AUDITORS’ RE
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Page 50 and 51: GAMMON INDIA LIMITED SOURCES OF FUN
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Page 54 and 55: GAMMON INDIA LIMITED DEBENTURE REDE
Page 56 and 57: SCHEDULE 6 INVESTMENTS GAMMON INDIA
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Page 62 and 63: SCHEDULE 16 GAMMON INDIA LIMITED SI
Page 64 and 65: GAMMON INDIA LIMITED B. NOTES TO AC
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GAMMON INDIA LIMITED (c) During the
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GAMMON INDIA LIMITED (b) Details of
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GAMMON INDIA LIMITED 40. Details of
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GAMMON INDIA LIMITED 11. GIL Archir
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GAMMON INDIA LIMITED (C) Disclosure
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STATEMENT PURSUANT TO SECTION 212 O
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GAMMON INDIA LIMITED AuDITOr’s rE
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GAMMON INDIA LIMITED SOURCES OF FUN
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SCHEDULE 1 SHARE CAPITAL : AUTHORIS
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SCHEDULE 6 FIXED ASSETS : PARTICULA
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GAMMON INDIA LIMITED 31st March, 20
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GAMMON INDIA LIMITED 31st March, 20
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GAMMON INDIA LIMITED (iii) Advisory
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GAMMON INDIA LIMITED B. NOTES TO AC
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GAMMON INDIA LIMITED (c) The follow
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GAMMON INDIA LIMITED MNEL: The Secu
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GAMMON INDIA LIMITED AEL: On the ba
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GAMMON INDIA LIMITED (ii) An amount
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GAMMON INDIA LIMITED (b) A dispute
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GAMMON INDIA LIMITED 22. GIL EIL Co
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GAMMON INDIA LIMITED C. CASH FLOW F
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GAMMoN INDIA LIMIteD Notes 112
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GAMMON INDIA LIMITED Head Office :
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Annual Report 2006-2007 - Gammon India

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