Year Ended March 31, 2008 - Lumax Auto Technologies Ltd.

Lumax Auto Technologies Ltd.LUMAX DK AUTO INDUSTRIES LIMITEDSCHEDULES TO THE BALANCE SHEET AS AT 31ST MARCH, 2008ParticularsSchedule - 1Share CapitalAs at31.03.2008(Amount in Rs.)As at31.03.2007a) Authorised :50,00,000 (Previous year 50,00,000) Equity Shares of Rs.10 /- eachb) Issued, Subscribed and Paid up :42,40,313 (Previous Year 42,40,313) Equity Shares of Rs.10/-each fully paid upi) Out of the above, 8,97,625 Equity Shares allotted other than Cashii) All the shares are held by the holding company M/s.Lumax50,000,000 50,000,00050,000,000 50,000,00042,403,130 42,403,130Auto Technologies Limited) 42,403,130 42,403,130Schedule - 2Reserves and SurplusBalance as per Last Balance sheetAdd : Profit during the yearLess :Adjustment of Employee Benefit Provisions (Net of Tax ofRs 45,741/-) (Refer Note No 7 (a))Schedule - 3Loan Funds41,138,936 7,257,79891,367,285 33,881,13888,832 132,417,389 - 41,138,936132,417,389 41,138,936A) SECURED LOANSa) Vehicle Loans 129,343 129,343 414,505 414,505(Secured against First Charge on Vehicles )(Due within one year Rs.92,049/- ( Previous year Rs 276,846/- )b) Term Loans 84,480,000 93,728,365(Due within one year Rs.30,440,000/-(Previous year Rs 23,466,000/- )(Secured by way of first charge against all movable fixed assets,equitable mortgage on Freehold Land , Buildings and CorporateGuarantee of Lumax Auto Technologies Ltd.)c) Working Capital limitsBill Discounting - 5,035,240Working Capital 16,284,186 -Overdrafts - 100,764,186 7,203,137 105,966,742(Secured by way of first charge against current assets of the companyand Corporate Guarantee of Lumax Auto Technologies Ltd.)d) Deferred Credit from SIDCUL 2,104,774 6,487,853(Against allotment of Land) 102,998,303 112,869,100B) UNSECURED LOANSa) From Sheela Finance Pvt. Ltd. 1,500,000 1,500,000b) From Lumax Auto Technologies Ltd (Holding Company) 108,552,688 110,052,688 114,500,000 116,000,000110,052,688 116,000,00051