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Essar Steel Jharkhand Limited<strong>Form</strong>erly known as Essar Steel (Jharkhand) LimitedSchedules forming part of the Balance SheetAs at31st March, 2008As at31st March, 2007In Rs.In Rs.Schedule 1 : Share capitalAuthorised10,00,000 (Previous period : 10,00,000) equity shares of Rs.10/- each 10,000,000 10,000,000Issued, Subscribed and Paid Up50,000 (Previous period : 50,000) equity shares of Rs. 10/- each fully paid 500,000 500,000Entire share capital is held by M/s Essar Steel Limited,the holding company together with its nominees.Schedule 2: Capital Work in ProgressCapital Advance for Land Acquisition [A] 2,120,<strong>65</strong>0 2,120,<strong>65</strong>0Pre-Operative Expenditure (Pending Allocation) :-Rent (net) (Refer note F of Schedule 6) 702,000 680,670Power and Fuel 219,746 154,952Communication Expenses 170,666 103,810Project Promotion Expenses 633,844 350,913Travelling and Conveyance 621,699 408,747Postage and Telegram 14,506 7,671Printing and Stationary 83,224 68,083Legal and Professional Expenses 584,668 6,089,675Office Expenses 690,707 502,048Fringe Benefit Tax 74,051 23,461Miscellaneous Expenses 153,683 5,0173,948,794 8,395,047Add: Balance brought forward from previous year 8,395,047 -[B] 12,343,841 8,395,047Total Capital Work in Progress [A]+[B] 14,464,491 10,515,697Schedule 3: Cash and Bank BalancesCash on hand 7,172 14,508Balances with scheduled banks:On current accounts 540,006 624,958547,178 639,466Schedule 4: Loans and Advances(Unsecured, considered good unless otherwise stated)Advace Tax (TDS) 164,701 22,889Prepaid Expenses 5,375 -Amount due from Essar Oil Limited [Maximum amount outstanding duringthe year of Rs. 50,851/- (Previous year Rs. 13,685/-] 50,851 13,685Amount due from Essar Steel Chhattisgarh Limited [Maximum amountoutstanding during the year of Rs. 10,778/- (Previous year Rs. Nil] 10,778 -231,705 36,574Schedule 5: Current LiabilitiesSundry CreditorsDues to Micro, Small & Medium enterprises (Refer note D of Schedule 6) - -Due to Others 5,257,552 5,474,146Advance from Customers 6,200,000 2,000,000Other Liabilities 326,877 132,82011,784,429 7,606,96642
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