GAMMON INDIA LIMITED

assets
- other financial income
b) from securities recorded among fixed assets
c) from securities recorded among current
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Financial statements at. 31/12/2008.. 107
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16.200
d) other income:
- from controlled undertakings
- from affiliated undertakings
- from controlling companies
- other income 104.123 100.774
104.123 116.974
104.123 116.974
17) Interest and other financial costs:
- from controlled undertakings
- from affiliated undertakings
- from controlling companies
- others financial costs 564.093 125.743
564.093 125.743
17-bis) Current and deferred exchange gains and
losses
134.529 17.673
Total financial income and costs (325.441) 8.904
D) Value adjustments of financial assets
18) Write-ups:
a) of shareholdings
b) of financial fixed assets
c) of securities recorded among current assets
19) Write downs:
a) of shareholdings
b) of financial fixed assets
c) of securities recorded among current assets
Total value adjustments to financial assets
E) Extraordinary income and costs
20) Income:
- capital gains on disposals
- other extraordinary income 124.421 348.900
124.421 348.900
21) Expenses:
- losses on disposals
- taxes of previous years
- other extraordinary costs 126.365 212.644
126.365 212.644
Total extraordinary income and costs (1.944) 136.256
Result before taxes (A-B±C±D±E) (3.426.383) (2.618.812)
22) Taxes on the income for the year current and deferred
a) Current taxes 173.441 168.744
b) Deferred taxes (830.161) (286.686)
(656.720) (117.942)
23) Profit (loss) of the year (2.769.663) (2.500.870)
Presidente del Consiglio di amministrazione
BAGDE DIGAMBAR CHUNNILAL