IRFC FINAL - Indian Railway Finance Corporation Ltd.

BALANCE SHEETAS AT 31ST MARCH 2009(Rs. In Lacs)PARTICULARS Schedule As At As At31.03.2009 31.03.2008SOURCES OF FUNDS1. Shareholders' Fundsi. Share Capital 1 50000.00 50000.00iiShare Application Money(Note No. 24; Sch-16) 30000.00 -iii. Reserves and Surplus 2 198070.46 192576.46278070.46 242576.462. Loan Funds 3i. Secured- In India 2240248.18 1884459.82- Outside India 19776.90 2260025.08 16800.00 1901259.82ii. Unsecured- In India 124616.00 194750.00- Outside India 354229.89 478845.89 313846.95 508596.95Total Loan Funds 2738870.97 2409856.773. Deferred Tax Liability(Net) (Note No.16; Sch-16) 225655.23 185465.08Total 3242596.66 2837898.31APPLICATION OF FUNDS4. Fixed Assets 4i. Gross Block 1707.61 1700.99ii. Less: Depreciation 308.52 280.91iii. Net Block 1399.09 1420.085. Long Term Loans & Advances(Note No.29; Sch-16) 5 3156191.09 2702551.906. Investments 6 199.85 199.857. Current Assets, Loans & Advances 7i) Current Assets 137302.02 173008.83ii) Loans and Advances 42630.74 179932.76 42078.12 215086.958. Less: Current Liabilities & Provisions 8i) Current Liabilities 77372.25 61776.58ii) Provisions 21163.35 98535.60 19603.89 81380.479. Net Current Assets 81397.16 133706.4810. Miscellaneous Expenditure(to the extent not written off or adjusted)Misc. Expenses - 20.0011. Deferred Revenue ExpenditureForeign Currency MonetaryItem TranslationDifference A/c (Note No.4; Sch-16) 3409.47 -Total 3242596.66 2837898.31Significant Accounting Policiesand Notes on Accounts 16Schedules 1 to 16 form an integral part of the Accounts.This is the Balance Sheet referred to in our Report of even date.For and on behalf of the BoardFor DHAWAN & CO.CHARTERED ACCOUNTANTS S.K. Ajmani S.K.Kaushik R.KashyapCompany Secretary Director (Finance) Managing DirectorDeepak Kapoor& G. M (Term Loans)PartnerM No. 072302Place : New DelhiSowmya RaghavanDated : 28th July, 2009Chairperson26