Board of Directors - Opto Circuits

OPTO CIRCUITS (INDIA) LIMITED, BANGALORE.
CONSOLIDATED SCHEDULE TO BALANCE SHEET AS AT 31.03.2006 (Contd.)
96
SCHEDULE P:
CAPITAL RESERVE:
31.03.2006 31.03.2005
(Rs.) (Rs.)
ADVANCED MICRONIC DEVICES LIMITED - (A)
Share Capital 52,811,000 52,811,000
General Reserve 5,500,000 5,500,000
Profit and loss account balance 40,352,477 10,127,585
Share Premium 77,554,261 77,554,261
TOTAL 176,217,738 145,992,846
Less: Miscellaneous Expenses to the extent not written off (24,423,534) (11,999,406)
NETWORTH 151,794,204 133,993,440
Less: Minority Interest (61,157,885) (53,985,957)
Net of Minority Interest- (a) 90,636,319 80,007,483
Less: Investment by Parent Company - (b) 52,461,254 52,461,254
Capital Reserve carried to Consolidated Reserves & Surplus- (a) - (b) 38,175,065 27,546,229
MEDIAID INC., USA - (B)
Share Capital 101,488,225 43,630,000
Profit and loss account balance (1,244,826) (4,871,765)
Foreign currency translation reserve (836,950) -
TOTAL 99,406,449 38,758,235
NETWORTH 99,406,449 38,758,235
Less: Investment by Parent Company 101,488,225 45,603,850
Capital Reserve carried to Consolidated Reserves & Surplus (2,081,776) (6,845,615)
ALTRON INDUSTRIES PRIVATE LIMITED - ©
Share Capital 702,000 -
Profit and loss account balance 5,285,486 -
Subsidy 534,000 -
Total 6,521,486 -
NETWORTH 6,521,486 -
Less: Investment by Parent Company 5,199,714 -
Capital Reserve carried to Consolidated Reserves & Surplus 1,321,772 -
Total Capital Reserve carried to Consolidated Reserves & Surplus - (A+B+C) 37,415,061 20,700,614
SCHEDULE Q:
PROFIT AND LOSS ACCOUNT BALANCE
Profit and loss account balance as per Consolidated Profit & Loss Account 478,264,579 271,361,940
Less: Profit and loss account balance of Advanced Micronic Devices Limited 40,352,477 10,127,585
Less: Profit and loss account balance of Mediaid Inc., USA (1,244,825) (4,871,765)
Less: Profit and loss account balance of Altron Industries Private Limited 5,285,486 -
Profit and loss account balance carried to Consolidated Reserves and Surplus 433,871,441 266,106,120