Financial Year - GMM Pfaudler Ltd

SCHEDULES FORMING PART OF THE CONSOLIDATED BALANCE SHEET AS AT MARCH 31, 2011SCHEDULE 8CASH AND BANK BALANCESAs atAs at31.03.11 31.03.10` ‘000’ ` ‘000’Cash and cheques on hand 888 282Balances with banks– in current accounts 70,151 67,103– in deposit accounts – 17,30071,039 84,685SCHEDULE 9LOANS AND ADVANCES(Unsecured and considered good)Advances recoverable in cash or in kind or for valueto be received (including ` 1,293 thousand, 52,144 32,079previous year ` 4,797 thousand considered doubtful)Deposits (including ` 608 thousand, 20,903 20,469previous year ` 1,473 thousand considered doubtful)Balance with central excise authorities 10,076 3,834Advance payment of taxes 4,026 –(Net of provision for tax ` 120,158 thousand)87,149 56,382Less: Provision for doubtful advances/deposits 1,901 6,27085,248 50,112SCHEDULE 10CURRENT LIABILITIESSundry creditors– Outstanding dues of micro, small and medium enterprises 55 665– Other creditors 270,507 213,180Advances from customers 260,589 184,445Investor Education and Protection Fund *– Unclaimed dividend 1,955 1,757– Unclaimed matured deposits 6 6Other liabilities 82,682 86,692Interim dividend payable 10,232 10,232626,026 496,977* The said fund will be credited with the amounts outstanding & unclaimed on the respective due dates.SCHEDULE 11PROVISIONSProvision for tax on distributed profits 1,739 1,739Provision for compensated absences 5,758 4,864Provision for unexpired warranty 11,541 12,163Provision for taxes (Previous Year Net of Advance tax ` 65,972 thousand) – 4,73119,038 23,49751