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Over<strong>view</strong> Performance Re<strong>view</strong>s Governance Financials75Annual Report 2010-11Schedule forming part of <strong>the</strong> Accounts for <strong>the</strong> year ended 31st March, 2011SCHEDULE ‘O’ (Contd.)21.2 Computation of Net Profits under Sections 198 and 349 of <strong>the</strong> Companies Act, 1956 (` in ‘000)Year Ended 31.03.2011 Year Ended 31.03.2010Profit before Taxation as per Profit & Loss Account 420,078 754,860Add : Directors’ Remuneration :Sitting Fees 660 705Salaries. Commission and estimated value ofo<strong>the</strong>r benefits 36,197 51,04536,857 51,750Depreciation and Amortization charged to Accounts 41,608 168,928498,543 975,538Deduct : Depreciation under Section 350 of <strong>the</strong> Companies Act, 1956. 37,127 82,542Adjusted Profit in accordance with Section 198 of <strong>the</strong> Companies Act, 1956. 461,416 892,99610% <strong>the</strong>re of, being <strong>the</strong> maximum permissible limit under section 198 of <strong>the</strong> Companies46,142 89,300Act,1956.Executive Directors Commission restricted (As per service agreement) to; 13,495 32,7001% <strong>the</strong>reof, being <strong>the</strong> maximum permissible limit under section 198 of <strong>the</strong> Companies4,614 8,930Act,1956.O<strong>the</strong>r Directors’ Commission restricted to 4,000 3,860Year Ended 31.03.2011 Year Ended 31.03.201022.1 Particulars of Goods Manufactureda) Diesel-Hydraulic/ Electric Cranes /Carrier Units (Trucks) --Licensed Capacity 1,414 Nos 1,414 NosInstalled Capacity * 220 Nos 220 NosActual Production 111 Nos 84 Nosb) Diesel Generating Sets --Licensed Capacity 500 Nos 500 NosInstalled Capacity * 400 Nos 400 NosActual Production - Nos 325 Nosc) Self-Propelled Rubber Tyred ContainerHandling Mobile Crane --Licensed Capacity Not Applicable Not ApplicableInstalled Capacity * 30 Nos 30 NosActual Production 17 Nos 9 Nos* As certified by <strong>the</strong> Management

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