Afcon Book.indd - Afcons Infrastructure Ltd.

SSS ELECTRICALS (INDIA) PRIVATE LIMITEDSCHEDULES ANNEXED TO AND FORMING PART OF THE BALANCE SHEET AS AT 31 st MARCH 2010AS ATAS AT31/03/2010 31/03/2009Rupees Rupees RupeesSCHEDULE 5CURRENT ASSETS, LOANS AND ADVANCES :Work in Progress - 1,745,201SUNDRY DEBTORSDebts outstanding for a period exceeding six monthsUnsecured, considered good 185,317 134,217Considered doubtful - -(Includes retention amount of Rs.1,85,317/- (Previous year Rs.1,29,723/-) 185,317 134,217Other DebtsUnsecured, considered good 7,819,006 3,892,855(Includes retention amount of Rs.7,08,595/- (Previous year Rs.1,51,668/-) 7,819,006 3,892,8558,004,323 4,027,072Less : Provision for Doubtful Debts - -8,004,323 4,027,072CASH AND BANK BALANCESCash in Hand 5,111 67,267Balance with Scheduled BanksIn Current Accounts 1,895,999 2,144,121In Term Deposits Accounts 500,000 -2,401,110 2,211,388LOANS AND ADVANCES(Unsecured and Considered Good)Advance recoverable in cash or in kind for value to be received 597,859 564,028Deposits 166,118 380,418Advance Income Tax (Net of Provision) 1,207,660 908,1131,971,637 1,852,559INVENTORYClosing Stock - Consumables - 82,047T O T A L 12,377,070 9,918,267SCHEDULE 6CURRENT LIABILITIES & PROVISIONS :CURRENT LIABILITIES :Sundry Creditors 2,635,494 1,348,466Other Liabilities 363,272 75,771Advance from Clients 308,658 -3,307,424 1,424,237PROVISIONS :Provision for Service Tax 561,292 317,531Provision for VAT Payable 73,329 82,177Provision for Gratuity 244,399 203,895Provision for Sales Tax 293,860 293,8601,172,880 897,463T O T A L 4,480,304 2,321,700SCHEDULE 7OTHER INCOME :Interest on :Fixed Deposits 56,487 141,034Income tax refund - -Other Income 25 -T O T A L 56,512 141,034SCHEDULE 8DIRECT EXPENSES :Salaries, Wages & Allowances 7,123,587 6,866,980Employer’s Contribution to Provident Fund 252,246 272,782Staff Welfare Expenses 1,007,217 730,727Repairs & Maintenance - Plant & Machinery 108,489 68,412Repairs & Maintenance - Others 31,100 68,282Subcontractors Charges 799,936 1,252,413Freight & Forwarding 100,175 134,544T O T A L 9,422,750 9,394,140SCHEDULE 9OTHER EXPENSES :Rent (refer note 3, schedule 11) 277,154 237,650Insurance 83,487 16,972Printing & Stationery 59,264 31,636Travelling & Conveyance 2,916,180 2,176,705Consultancy Fees 2,862,960 48,272Rates & Taxes 911,623 277,526Audit Fees 137,875 140,575Establishment Expenses (refer note 3, schedule 11) 18,000 18,000Miscellaneous Expenses (refer note 3, schedule 11) 1,284,819 1,121,228T O T A L 8,551,362 4,068,56455