Afcon Book.indd - Afcons Infrastructure Ltd.

AFCONS OFFSHORE AND MARINE SERVICES PRIVATE LIMITEDCash Flow Statement for the year ended 31 st March, 2010Cash flow from operating activitiesCurrent YearRupeesPrevious YearRupeesProfit before tax 79,446 (94,084)Operating Profit before working capital changes 79,446 (94,084)Increase/(Decrease) in trade payables 1,000 (394,423)Increase/(Decrease) in loans and advances (158,938) -Net cash from operating activities (78,492) (488,507)Net increase/ (decrease) in cash and cash equivalents (78,492) (488,507)Cash and cash equivalent at the beginning of the year 7,901,871 8,390,378Cash and cash equivalent at the end of the year 7,823,379 7,901,871As per my attached report of even dateFor and on behalf of the Board of DirectorsJ C Bhatt A.N. Jangle P.R. RajendranChartered Accountant Director DirectorPlace : Mumbai,Dated : 17 th June, 2010Schedules forming part of the accounts for the year ended 31 st March, 2010Schedule 1SHARE CAPITALRupeesAs at31 st March, 2009RupeesAuthorized10,00,000 equity shares of Rs. 10/- each 10,000,000 10,000,000Issued, subscribed and paid-up1,00,000 equity shares of Rs. 10/- each 1,000,000 1,000,000Note,Of the above, 100,000 (Previous year 100,000) equity shares are held byAfcons Infrastructure Limited, the holding company and its nominee.Total 1,000,000 1,000,000Schedule 2CASH AND BANK BALANCECash in Hand 6,445 -Balance with a scheduled bank - in current account 316,934 7,901,871Balance with a scheduled bank - in Fixed deposit account 7,500,000 -Total 7,823,379 7,901,871Schedule 3LOANS AND ADVANCES(unsecured and considered good)Advances recoverable in cash or in kind or for value to be received 43,457 43,457Interest accrued but not due 158,938 -Advance payment of tax (net of Provision for tax) 230,315 230,315Total 432,710 273,772Schedule 4CURRENT LIABILITIESSundry creditors- total outstanding dues to creditors other than micro and small enterprises 1,014,248 1,068,398Other Liabilities 55,150 -Total 1,069,398 1,068,39864