Annual Report 2006-2007 - Gammon India
Annual Report 2006-2007 - Gammon India
Annual Report 2006-2007 - Gammon India
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SCHEDULE 9<br />
GAMMON INDIA LIMITED<br />
56<br />
31st March, <strong>2007</strong> 31st March, <strong>2006</strong><br />
Rs. in Crores Rs. in Crores Rs. in Crores Rs. in Crores<br />
Maximum<br />
due at any time<br />
during the year<br />
Maximum<br />
due at anytime<br />
during the year<br />
CASH AND BANK BALANCES<br />
Cash on Hand (Including at Foreign Sites Rs. 0.004 Crores,<br />
Previous Year Rs 0.037 Crores ) 1.35 0.56<br />
Funds-in-Transit and in hand 3.41 4.22<br />
With Scheduled Banks:<br />
(a) On Current Accounts 24.01 35.99<br />
(b) Unpaid Dividend Bank Account 3.76 0.29<br />
(c) On Fixed Deposit Account * 60.13 91.18<br />
With Non-Scheduled Banks:<br />
(a) On Current Accounts:<br />
Rafidian Bank, Baghdad 0.06 0.06 0.06 0.06<br />
Nabil Bank US $ Account 0.01 0.01 0.01 0.01<br />
Affairs of the USSR 1.83 1.83 1.83 1.83<br />
Standard Chartered Bank, Bangladesh 1.16 1.16 0.55 0.01<br />
Allahabad Bank, Dolphin Jetty 0.02 0.02 0.01 0.01<br />
HSBC, Abu Dhabi 0.19 0.15 0.01 –<br />
(b) On Call Deposits:<br />
UCO Bank, London 0.02 0.02 0.02 0.02<br />
(c) On Fixed Deposits:<br />
UCO Bank, London 0.08 0.08 0.08 0.08<br />
* Out of this Rs. 60 Crores represents the unutilised amount out of the<br />
GDR issue made in the previous year (Previous Year Rs. 75 Crores)<br />
SCHEDULE 10<br />
95.99 134.26<br />
31st March, <strong>2007</strong> 31st March, <strong>2006</strong><br />
Rs. in Crores Rs. in Crores Rs. in Crores Rs. in Crores<br />
LOANS AND ADVANCES<br />
(Unsecured, considered good, unless otherwise stated)<br />
Project Advances 187.09 159.78<br />
Other Advances recoverable in cash or in kind for value to be received 32.01 40.28<br />
Less : Provision made 0.96 0.96<br />
218.14 199.10<br />
Dues from/loans to Subsidiary Companies :<br />
<strong>Gammon</strong> & Billmoria Limited 9.10 13.55<br />
<strong>Gammon</strong> Infrastructure Projects Limited 2.37 2.35<br />
<strong>Gammon</strong> Realty Ltd. 41.02 –<br />
Sikkim Hydro Power Ventures Ltd. 0.28 –<br />
Andhra Expressway Ltd. – 0.29<br />
Rajahmundry Expressway Ltd. – 0.04<br />
<strong>Gammon</strong> Cooling Towers Ltd. 0.04 –<br />
52.81 16.23<br />
Dues from <strong>Gammon</strong> Al matar J V 83.66 –<br />
Direct Taxes Paid 76.70 65.79<br />
Tender Deposits 19.82 21.90<br />
Other Deposits 21.03 11.47<br />
Deposits with Joint Stock Companies :<br />
Secured (Refer Note 8)<br />
Unsecured<br />
50.00 –<br />
Considered Good 23.52 17.15<br />
Considered doubtful (including interest) 6.40 6.40<br />
Less : Provisions made (6.40) (6.40)<br />
73.52 17.15<br />
545.68 331.64
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