annual report - Jindal Group of Companies

BALANCE SHEET AS AT 31ST MARCH, 2011Schedules As at As at31.03.2011 31.03.2010Rs.Rs.I. SOURCES OF FUNDS1. Shareholders' Fundsa) Share Capital 1 114,655,520 114,655,520b) Reserves and Surplus 2 4,391,874,107 3,396,806,1034,506,529,627 3,511,461,6232. Loan FundsSecured Loans 3 26,789,311 190,535,2063. Deferred Tax Liability 157,210,133 170,556,354TOTAL 4,690,529,071 3,872,553,183II. APPLICATION OF FUNDS1. Fixed Assets 4a) Gross Block 1,288,465,141 1,294,134,269Less : Depreciation 632,738,083 547,549,984Net Block 655,727,058 746,584,285b) Capital work in progress (Including capital advances) 18,751,316 8,283,629674,478,374 754,867,9142. Investments 5 1,731,834,374 1,123,186,0313. Current Assets, Loans & Advancesa) Inventories 6 103,562,542 119,266,324b) Sundry Debtors 7 1,922,381,076 2,527,963,107c) Cash and Bank Balances 8 2,282,110 11,230,320d) Other Current Assets 9 12,426,224 45,251,691e) Loans and Advances 10 1,437,194,279 1,307,009,6703,477,846,231 4,010,721,112Less: Current Liabilities & Provisions 11a) Current Liabilities 1,135,505,031 1,962,205,097b) Provisions 58,124,877 54,016,7771,193,629,908 2,016,221,874Net Current Assets 2,284,216,323 1,994,499,238TOTAL 4,690,529,071 3,872,553,183Significant Accounting Policies & Notes on Accounts 18The Schedules referred to above form an integral part of the Balance SheetAs per our report of even date attachedFor S.S.KOTHARI MEHTA & CO.Chartered AccountantsFirm's Regn. No. 000756NK.K. TULSHANPartnerMembership No. 085033Place : GurgaonDated : 3rd August 2011S. N. AJMERACFORAJEEV RANJANCompany SecretaryFor & on Behalf of the BoardD. P. JINDALChairmanRAGHAV JINDALManaging DirectorK. K. KHANDELWALVIJAY KAUSHIKDirectors32