27.10.2013 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.

SAE POWER LINES S.R.L.<br />

Company with sole shareholder<br />

Registry of Trading Companies. 03682960962<br />

Rea 1793962<br />

Registered office in V. Edison 50 - 20099 Sesto San Giovanni (MI) Share Capital 5,000,000.00 fully paid up<br />

Introduction<br />

Notes to the financial statements at 31/12/2008<br />

The financial statements at 31.12.2008 close with a loss of 2,769,663 EURO after having made allocations for IRAP<br />

taxes of the year amounting to 173,441 EURO.<br />

Area of Business<br />

Your company operates in the sector of the design and construction of power lines and high and low voltage<br />

substations.<br />

Group<br />

Your company belongs to the Indian ATSL group which controls your company through Associated Transrail<br />

Structures ltd.<br />

The following table shows the main data of the latest approved financial statements of the said company, which<br />

carries out management and coordination (article 2497-bis(4) of the Civil Code) draws up the consolidated financial<br />

statements. All data are in Krore.<br />

DESCRIPTION 31/12/2008 31/12/2007<br />

BALANCE SHEET 0<br />

ASSETS<br />

A) Accounts receivable from shareholders in respect of<br />

unpaid share capital<br />

0<br />

B) Fixed assets 1.066.878.002 702.930.757<br />

C) Current assets<br />

D) Accrued income and prepayments<br />

4.900.379.538 3.205.366.514<br />

Total assets 5.967.257.540 3.908.297.271<br />

LIABILITIES:<br />

A) Shareholders’ equity:<br />

0<br />

0<br />

Share capital 1.150.518.333 100.518.333<br />

Reserves 714.287.957 184.047.817<br />

Profit (loss) for the year<br />

B) Provisions for liabilities and charges<br />

C) Employees’ leaving indemnity<br />

438.063.736 546.896.988<br />

D) Accounts payable<br />

E) Accrued liabilities and deferred income<br />

3.664.387.514 3.076.834.133<br />

Total liabilities 5.967.257.540 3.908.297.271<br />

GUARANTEES, ENGAGEMENTS AND OTHER<br />

RISKS<br />

0<br />

F<br />

108

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

Saved successfully!

Ooh no, something went wrong!