Annual Report cb smile - Jet Airways

Consolidated Balance Sheet as at 31 st March, 2010
86
As at As at
31 st March, 31 st March,
Schedule 2010 2009
No. Rs. in lakhs Rs. in lakhs
I. SOURCES OF FUNDS
1 Shareholders’ Funds :
a) Share Capital
Equity A 8,633 8,633
8,633 8,633
b) Reserves and Surplus B 328,473 333,206
337,106 341,839
2 Loan Funds :
a) Secured Loans C 430,656 503,639
b) Unsecured Loans D 997,383 1,159,761
1,428,039 1,663,400
3 Deferred payments towards acquisition of wholly owned
subsidiary company
[Due within one year Rs. 13,750 lakhs (Previous Year Rs.13,750 lakhs),
Refer Note 5 (b) (i) of Schedule S]
13,750 27,500
Total 1,778,895 2,032,739
II. APPLICATION OF FUNDS
1 Fixed Assets : E
a) Gross Block 1,801,102 1,884,498
b) Less : Depreciation 355,580 255,016
c) Net Block 1,445,522 1,629,482
d) Capital Work-in-progress 33,345 65,709
1,478,867 1,695,191
2 Goodwill on Consolidation (Refer Note 8 (b) of Schedule S) 187,239 187,239
3 Investments F 10,000 10,000
4 Current Assets, Loans and Advances :
a) Inventories G 69,752 69,631
b) Sundry Debtors H 87,649 80,753
c) Cash And Bank Balances I 82,640 146,620
d) Loans and Advances J 150,591 132,425
390,632 429,429
a)
Less : Current Liabilities and Provisions
Current Liabilities K 433,332 389,171
b) Provisions L 18,661 22,081
451,993 411,252
Net Current Assets (61,361) 18,177
5 Profit & Loss Account Debit Balance 164,150 122,132
Total 1,778,895 2,032,739
Significant Accounting Policies and Notes to Accounts S
As per our attached report of even date On behalf of the Board of Directors
For DELOITTE HASKINS & SELLS For CHATURVEDI & SHAH Saroj K. Datta Executive Director
Chartered Accountants Chartered Accountants Durban
R. D. Kamat C.D. Lala Aman Mehta
Partner Partner I.M. Kadri
Yash Raj Chopra
Victoriano P. Dungca
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Directors
Monica Chopra Company Secretary &
Sr. General Manager - Legal
Mumbai Mumbai
20 th May, 2010 20 th May, 2010