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

LUMAX DK AUTO INDUSTRIES LIMITEDSCHEDULES TO THE BALANCE SHEET AS AT 31ST MARCH, 2008Schedule - 4Fixed AssetsGROSS BLOCKDEPRECIATION(Amount in Rs.)NET BLOCKPARTICULARSTANGIBLEAs at Additions Sales/ As at Upto 01.04.2007 Adjustments01.04.2007 Adjustments 31.03.2008 31.03.2007 To31.03.2008Upto As at As at31.03.2008 31.03.2008 31.03.2007Free Hold Land 13,567,286 2,739,228 - 16,306,514 - -Lease Hold Land 19,200,085 19,200,085 - 193,940 -- 16,306,514 13,567,286193,940 19,006,145 -Buildings 31,478,969 73,782,294 - 105,261,263 1,797,566 3,153,877 -4,951,443 100,309,820 29,681,403Plant & Machinery 112,118,082 159,590,415 6,665,654 265,042,843 18,822,416 13,512,405 -32,334,821 232,708,022 93,295,666Furniture & Fixtures 794,860 3,083,606 - 3,878,466 386,773 448,712 -835,485 3,042,981 408,087Office Equipments 765,8711,894,342-2,660,213374,330 317,653 -691,983 1,968,230 391,541Vehicles 1,953,377 - - 1,953,377 471,978 185,571 -657,549 1,295,828 1,481,399Computers 2,855,663 2,567,551 - 5,423,214 1,910,139 779,545 -2,689,684 2,733,530 945,524INTANGIBLETechnical Know How Fee 5,626,383 - - 5,626,383 2,722,962 1,125,277 -3,848,239 1,778,144 2,903,421Total 169,160,491 262,857,521 6,665,654 425,352,358 26,486,164 19,716,980 -46,203,144 379,149,214 142,674,327Capital Work in Progress2,572,258 179,986,607Grand Total 169,160,491 262,857,521 6,665,654 425,352,358 26,486,164 19,716,980 -46,203,144 381,721,472 322,660,934Previous Year 166,543,935 2,653,506 36,950 169,160,491 18,077,878 8,408,778 49226,486,164 322,660,934Note :1) Capital work in Progress includes capital advances amounting to Rs. 1,645,000/- (Rs. 390,245/-)2) Capital work in Progress is net of Nil (Rs. 435,479/-) being profit on account of fluctuation in foreign exchange rates.3) Addition to fixed assets includes Rs. 4,663,805/- (Nil) on account of capitalization of borrowing cost.4) Capital Work in Progress includes Rs. 373,810/- (Nil) relating to Research & Development Assets.52