Board of Directors - Opto Circuits

OPTO CIRCUITS (INDIA) LIMITED, BANGALORE.
SCHEDULE TO BALANCE SHEET AS AT 31.03.2006
31.03.2006 31.03.2005
(Rs.) (Rs.)
SCHEDULE A:
Share Capital Authorised :
50,000,000 Equity Share of Rs.10/- Each
(P.Y. 20,000,000 Equity Shares of Rs. 10/- each)
Issued Capital
500,000,000 200,000,000
27,070,190 Equity Shares of Rs.10/- each
(P.Y. 18,134,093 Equity Shares of Rs. 10/- each)
(Out of the above- 1,239,831 Equity Shares of
Rs. 10/- each fully paid-up allotted otherwise than for cash
21,255,390 (P.Y12,319,293) Equity Shares of
Rs.10/- Each fully paid up as Bonus shares
Subscribed Capital
270,701,900 181,340,930
26,808,290 Equity Shares of Rs.10/- each
(P.Y. 17,872,193 Equity Shares of Rs. 10/- each)
(Out of the above- 1,239,831 Equity Shares of
Rs. 10/- each fully paid-up allotted otherwise than for cash
21,255,390 (P.Y12,319,293) Equity Shares of
Rs.10/- Each fully paid up as Bonus shares
Paid-up Capital
268,082,900 178,721,930
26,808,290 Equity Shares of Rs.10/- Each fully paid up
(P.Y. 17,872,193 Equity Shares of Rs. 10/- each)
(Out of the above- 1,239,831 Equity Shares of
Rs. 10/- each fully paid-up allotted otherwise than for cash
21,255,390 (P.Y12,319,293) Equity Shares of
Rs.10/- Each fully paid up as Bonus shares
268,082,900 178,721,930
268,082,900 178,721,930
SCHEDULE B:
Reserves & Surplus
As per last Balance Sheet 52,481,492 32,981,492
Additions during the year 36,000,000 19,500,000
Share Premium account 33,867,230 75,110,750
Profit & Loss Account balance 440,209,864 266,106,120
TOTAL 562,558,586 393,698,362
Less: Transfers during the year - Bonus Shares 89,360,970 41,243,520
473,197,616 352,454,842
Add: Subsidy received from Govt. Of Karnataka 1,500,000 1,500,000
TOTAL 474,697,616 353,954,842
SCHEDULE C:
Secured Loans:
Term Loan From Banks & Financial Institutions* 271,289,428 26,680,000
Working Capital Advances from Banks ** 301,893,828 108,646,605
Other Term Loans*** 6,544,165 11,187,738
* Secured by hypothecation of Fixed Assets
** Secured by hypothecation of Stocks & Book Debts
*** Secured by hypothecation of Equipments & Vehicles
579,727,421 146,514,343
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