Afcon Book.indd - Afcons Infrastructure Ltd.

AFCONS MADAGASCAR OVERSEAS S.A.R.L4) TRADE AND OTHER RECEIVABLEThis heading is detailed as follows on December 31 st , 2009:Currency unit: AriaryHeading 31-Dec-09 31-Dec-08Trade receivables 2,014,611,531.60 5,558,036,253.60Clients 4.1 936,270,442.60 5,558,036,253.60Clients - Not certified. 1,078,341,089.00 -Other receivable and assimilated assets 69,998,811.60 19,937,137.98Suppliers - Advances and down payments 4.2 59,710,549.60 2,298,401.98Personnel - Advances and down payments 10,288,262.00 17,638,736.00Social securities and tax 469,495,141.19 56,546,238.17Witholding tax to be paid - -Current Income Tax prepayment 151,629,189.34 213,333.00VAT to be paid - 56,332,905.17VAT deductible 317,865,951.85 -VAT collected - -Payroll tax (IRSA) - -Payroll tax on leave(provision) - -Other receivable 5,889,402,965.97 46,060,000.00Associated - dividends paid 4.3 5,836,222,834.31 -Other sundry accrual 4.4 53,180,131.66 46,060,000.00TOTAL 8,443,508,450.36 5,680,579,629.754.1. Client:This heading is constituted by SNC LAVALIN Inc.4.2. Suppliers advances:This heading is detailed as follows on December 31 st , 2009:31-Dec-0931-Dec-08COURTS - 1,369,688.00INTERNATIONAL PAINT 33,850,280.80 -Mr. NORBERT 24,500,000.00 -COROSION 1,360,268.80 -SME - 928,713.98TOTAL 59,710,549.60 2,298,401.984.3. Associated - dividends paid:This heading represent all dividends paid to the shareholders in 2009, as follows:Shareholders 1st Prepayment on Sept, 5th 2009 2nd Prepayment on Nov, 21st 2009 TotalAfcons Infrastructure International Ltd. 2,807,860,605,97 2,970,000,000,00 5,777,860,605,97Rajendran R. Palambalakode 28,362,228,34 30,000,000,00 58,362,228,34Total 2,836,222,834,31 3,000,000,000,00 5,836,222,834,314.4. Other sundry accrual:This heading is detailed as follows on December 31 st , 2009:31-Dec-0931-Dec-08Deposit and prepayment:RALAY 16,000,000.00 16,000,000.00AIR LIQUIDE 10,950,000.00 7,200,000.00ASSAGARALY 6,250,000.00 6,250,000.00TOTO TRANQUILIN 6,000,000.00 6,000,000.00RAZAKARISOA SERAPHIE ELIZABETH 5,500,000.00 -BERIZIKY JEAN OMER 3,600,000.00 -BERNARD KWONG 1,350,000.00 1,850,000.00BLEU LINE 1,200,000.00 1,200,000.00TOTAL 440,000.00 560,000.00SME 210,000.00 70,000.00VITOGAZ 30,000.00 30,000.00MAZAVA ANGELINE - 1,400,000.00MORA MIHANTA - 5,500,000.00TOTAL 51,530,000.00 46,060,000.00Prepayed Expenses:Location Emmer 1,500,000.00Insurance ARO 1,50,131.66Total 1,650,131.6690