Annual Report FY 2009-10 - Welspun

C rp LtdBALANCE SHEET ABSTRACT AND GENERAL BUSINESS PROFILEI. REGISTRATION DETAILSREGISTRATION NO. 04-25609 STATE CODE 04BALANCE SHEET DATE 31.03.2010II. CAPITAL RAISED DURING THE PERIOD (Amount in Rs. thousands)PUBLIC ISSUE - RIGHT ISSUE -BONUS ISSUE - PRIVATE PLACEMENT 4,662,000III. POSITION OF MOBILISATION AND DEPLOYMENT OF FUNDS ( Amount in Rs. thousands)TOTAL LIABILITIES 50,207,288 TOTAL ASSETS 50,207,288SOURCES OF FUNDSAPPLICATION OF FUNDSPAID UP CAPITAL 1,021,612 NET FIXED ASSET 28,645,476RESERVES AND SURPLUS 26,365,998 (Including Capital Work in progress)SHARE APPLICATION MONEY - INVESTMENTS 2,796,140DEFERRED TAX BALANCES (NET) 2,954,679SECURED LOANS 12,971,121 NET CURRENT ASSETS 18,765,672UNSECURED LOANS 6,818,463 MISC. EXPENDITURE -FOREIGN CURRENCY MONETARY ITEMTRANSLATION ACCOUNT 75,415IV. PERFORMANCE OF THE COMPANY (Amount in Rs. Thousands)TURNOVER AND OTHER INCOME 66,267,092 TOTAL EXPENDITURE 58,181,850PROFIT BEFORE TAX 8,085,242 PROFIT AFTER TAX 5,401,961EARNING PER SHARE (Rs.) 28.04 DIVIDEND RATE 40%V. GENERIC NAMES OF THREE PRINCIPAL PRODUCTS OF THE COMPANY (AS PER MONETARY TERMS)ITEM CODE NO. (ITC CODE) 73 - 05PRODUCT DESCRIPTIONSTEEL PIPES AND TUBESITEM CODE NO. (ITC CODE) 72 - 08PRODUCT DESCRIPTIONSTEEL PLATESFor and on behalf of the BoardB.K.GoenkaChairman and Managing DirectorM.L.MittalExecutive Director-FinanceB.R.JajuChief Financial OfficerPradeep JoshiCompany Secretary83