Annual Report - 2005-06 - GAIL (India)

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Schedule 4 – Fixed Assets (Tangible/Intangible Assets) DESCRIPTION GROSS BLOCK (AT COST) DEPRECIATION NET BLOCK Tangible Assets (A) As at Additions/ Sales / As at Upto For the Adjustments As at As at As at 01.04.2005 Adjustments Adjustments 31.03.2006 31.03.2005 Year during the year 31.03.2006 31.03.2006 31.03.2005 during the year during the year Land : Freehold 59.33 (0.01) - 59.32 - - - - 59.32 59.33 Leasehold 71.51 0.45 - 71.96 5.18 0.68 0.28 6.14 65.82 66.33 Building : Office/Others 368.81 4.63 - 373.44 71.28 9.80 0.01 81.09 292.35 297.53 Residential 253.42 3.98 - 257.40 37.31 4.95 - 42.26 215.14 216.11 Bunk Houses 1.62 - - 1.62 1.62 - - 1.62 - - Plant and Machinery 13,064.44 218.94 4.99 13,278.39 6,128.20 507.97 (13.37) 6,622.80 6,655.59 6,936.24 Railway Lines & Sidings 5.47 - - 5.47 3.71 0.26 - 3.97 1.50 1.76 Electrical Equipments 124.01 2.24 0.64 125.61 34.84 8.75 (0.43) 43.16 82.45 89.17 Furniture, Fixtures and 227.71 19.53 10.39 236.85 91.13 20.62 (8.93) 102.82 134.03 136.58 other Equipments Transport Equipments 2.22 - - 2.22 1.38 0.13 - 1.51 0.71 0.84 Total (A) 14,178.54 249.76 16.02 14,412.28 6,374.65 553.16 (22.44) 6,905.37 7,506.91 7,803.89 Intangible Assets (B) Right of Use 17.38 1.01 - 18.39 - - - - 18.39 17.38 Softwares / Licences 26.43 12.38 - 38.81 1.82 6.33 - 8.15 30.66 24.61 Total (B) 43.81 13.39 - 57.20 1.82 6.33 - 8.15 49.05 41.99 TOTAL (A+B) 14,222.35 263.15 16.02 14,469.48 6,376.47 559.49 (22.44) 6,913.52 7,555.96 7,845.88 Previous Year 13,584.73 646.65 9.03 14,222.35 5,441.85 946.65 (12.03) 6,376.47 7,845.88 8,142.88 (Rs.in Crores) 94 Winning Momentum 95
Schedule 5 – Capital Work-in-Progress Schedule 6 – Investments (Rs.in Crores) AS AT AS AT 31st March, 2006 31st March, 2005 (Rs.in Crores) AS AT AS AT 31st March, 2006 31st March, 2005 Linepipe Construction and related facilities including Cathodic Protection 136.89 81.08 Compressor Stations 2.03 - Telecom/Telesupervisory System 0.63 5.71 LPG Pipeline Project 1.52 2.02 LPG Projects 0.30 0.89 Petrochemicals 53.05 46.55 Telecom Projects 5.05 1.07 Others 28.78 29.30 Exploratory Well in Progress 130.26 42.99 Buildings 12.66 7.83 Less : Provision for abandonment of Work in Progress 2.82 9.84 2.64 5.19 Linepipes, Capital Items in Stock/Transit 243.62 93.13 (including materials with Contractors : Rs.0.01 (Previous Year : Rs.0.27) Less : Provision for losses/obsolescence 0.07 243.55 1.24 91.89 Advance for Capital Expenditure (Unsecured - Considered Good) 3.69 2.39 (Unsecured - Considered Doubtful) 1.39 1.39 5.08 3.78 Less : Provision for Doubtful Advances 1.39 3.69 1.39 2.39 TOTAL 615.59 309.08 LONG-TERM INVESTMENTS A. Trade Investments Quoted * - 570,600 (Previous Year : 570,600) Equity Shares of Rs.10/-each fully 0.86 0.86 Paid-up in Gujarat Industries Power Co. Ltd.(includes 1,90,200 Equity Shares acquired during the year 1996-97 at a premium of Rs.15/- per share) 3,42,66,845 (Previous Year : 3,42,66,845 ) Equity Shares of 556.29 556.29 Rs.10/- each fully paid up in ONGC Ltd. ( Acquired during 1999-2000 at a price of Rs.162.34 per Share) 6.96 % Oil Companies GOI Special Bonds 2009 6.00 6.00 (Alloted in lieu of claims pending with Oil Co-ordination Committee) 7 % Oil Companies GOI Special Bonds 2012 9.59 - (Alloted in lieu of claims pending with Oil Co-ordination Committee) 3,15,00,000 (Previous Year : 3,15,00,000 ) Equity Shares of Rs.10/- 31.50 31.50 each fully paid-up in Indraprastha Gas Ltd. (a Joint Venture Company) 9,37,50,000 (Previous Year : 9,37,50,000) Equity Shares of Rs.10/- 98.75 98.75 each fully paid up in Petronet LNG Ltd. (a Joint Venture Company ) (includes 1,00,00,000 equity shares alloted at a premium of Rs.5/- per share) 21,00,00,000 (Previous Year : Nil) Equity Shares of HK$ 0.01/- each 136.32 - fully paid up in China Gas Holding Ltd.China, acquired at a premium of HK$ 1.148 / share 3,62,100 units of 6.75% Tax Free US 64 Bonds of Rs.100/- each 3.62 - guaranteed by GOI, having maturity date on 01.06.2008. (Pledged to GAIL in lieu of Security Deposits by consumer which has been transferred in the name of company due to default by the party on the terms of agreement ) * Aggregating market value of the above mentioned quoted securities Rs.5,672.21 (Previous Year : Rs.3,736.27) Carried Forward 842.93 693.40 96 Winning Momentum 97
Page 3 and 4: CONTENTS Chairman’s Message 4 Hig
Page 5 and 6: “ Winning takes talent but it tak
Page 7 and 8: “A Winning Combination” Shri S.
Page 9 and 10: Statutory Auditors M/s S. Mann & Co
Page 11 and 12: LPG MARKETING PIPELINE INTEGRITY MA
Page 13 and 14: GREEN GAS LIMITED (GGL): MAHANAGAR
Page 15 and 16: SAFE PERFORMANCE OF THE COMPANY Dur
Page 17 and 18: • GREENTECH Safety Gold Award for
Page 19 and 20: ANNEXURE TO THE DIRECTORS’ REPORT
Page 21 and 22: HDPE Production (MT) 111305 109158
Page 23 and 24: INDIAN GAS SECTOR - PERSPECTIVE OF
Page 25 and 26: Polyethylene market in India is dom
Page 27 and 28: GAIL has borne a subsidy of Rs.428
Page 29 and 30: LPG TRANSMISSION Your Company owns
Page 31 and 32: The other income represents a very
Page 33 and 34: SUNDRY DEBTORS The debtors (net of
Page 35 and 36: ii. Attendance of each Director at
Page 37 and 38: The payment made to Whole-time Dire
Page 39 and 40: GAIL Stock place at BSE (Rs./Share)
Page 41 and 42: Economic Approach Model The Economi
Page 43 and 44: Five Year Profile (B) GAS THROUGHPU
Page 45 and 46: (b) As per the information given to
Page 47 and 48: Profit & Loss Account for the Year
Page 49: Schedule 3 - Loan Funds (Rs.in Cror
Page 53 and 54: Schedule 7 - Current Assets, Loans
Page 55 and 56: Schedule 10 - Manufacturing, Transm
Page 57 and 58: Cash Flow Statement for the Financi
Page 59 and 60: 20. Contingent Liabilities and Capi
Page 61 and 62: and the Income and the expenditure
Page 63 and 64: Sl. Segments Natural LPG No. Gas 1.
Page 65 and 66: Disclosure as required by Clause 32
Page 67 and 68: Schedule of Fixed Assets (Township)
Page 69 and 70: Review of the Accounts of GAIL (Ind
Page 71 and 72: Annual Report for the year ended 31
Page 73 and 74: Nexia Tan & Sitoh Certified Public
Page 75 and 76: Cash Flow Statement for the year en
Page 77 and 78: Quoted shares as at 31st March, 200
Page 79 and 80: Holding Company GAIL (India) Limite
Page 81 and 82: Auditor’s Report To The Board Of
Page 83 and 84: Schedule 1 - Share Capital Schedule
Page 85 and 86: Schedule 5 - Capital Work-in-Progre
Page 87 and 88: Schedule 7 - Current Assets, Loans
Page 89 and 90: (Rs.in Crores) Year Ended Year Ende
Page 91 and 92: III. Investment other than in Subsi
Page 93 and 94: ) During the year, the Company has
Page 95 and 96: Information About Business Segments
Page 97 and 98: Share of GAIL in assets, liabilitie
Page 99: Gas Industry specific terminologies

Annual Report - 2005-06 - GAIL (India)

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