Connected world - KPIT Cummins

Sparta Consulting Inc.
Schedules annexed to and forming part of the Balance Sheet as at
MARCH 31, 2011 MARCH 31, 2011 MARCH 31, 2010 MARCH 31, 2010
USD USD ` ` USD USD ` `
SCHEDULE - I SHARE CAPITAL
Authorized
(100,000,000 Equity shares)
(100,000,000 Preference shares)
Issued, Subscribed and Paid Up
(5,105,200 equity shares of Nominal Value USD 1 each)
5,105,200 212,355,075 5,105,200 212,355,075
Total 5,105,200 212,355,075 5,105,200 212,355,075
SCHEDULE - II RESERVES AND SURPLUS
Translation Reserve
As per last Balance Sheet - 28,154,521 -
Additions during the year
Profi t and Loss Account
- - (30,593,548) (2,439,027) 28,154,521 28,154,521
As per last balance sheet (5,173,672) (215,445,920) (5,575,822) (262,641,230)
Add: Surplus for the year 2,621,110 119,505,001 402,150 19,040,788
(2,552,562) (95,940,919) (5,173,672) (243,600,442)
(2,552,562) (95,940,919) (5,173,672) (243,600,442)
Total (2,552,562) (98,379,946) (5,173,672) (215,445,920)
SCHEDULE - III UNSECURED LOANS
From Others: - - - -
Loan from KPIT Infosystems Inc., USA 5,546,871 247,667,791 3,000,000 135,420,000
Total 5,546,871 247,667,791 3,000,000 135,420,000
SCHEDULE - IV FIXED ASSETS
Particulars As at
April 1,
2010
GROSS BLOCK DEPRECIATION / AMORTIZATION NET BLOCK
Additions
for the Year
2010-11
Deletions
for the Year
2010-11
As at
March 31,
2011
30
Up to
April 1,
2010
For the
Year
2010-11
On
Deletions/
Discarded
for the year
2010-11
Up to
March 31,
2011
As on
March 31,
2011
As on
March 31,
2010
USD USD USD USD USD USD USD USD USD USD
Land (Leasehold) 12,373 15,848 - 28,221 4,884 2,737 - 7,621 20,600 7,489
Building - - - - - - - - - -
Plant and Machinery 565,129 186,142 - 751,271 258,796 200,753 - 459,549 291,722 306,333
Computers - 611,132 - 611,132 - 609,828 - 609,828 1,304 -
Furniture and fi ttings 49,639 21,782 - 71,422 21,425 10,674 - 32,099 39,323 28,214
TOTAL 627,141 834,904 - 1,462,046 285,105 823,992 - 1,109,097 352,949 342,036
Capital Work-in-Progress 116,722 116,722
GRAND TOTAL 627,141 834,904 - 1,462,046 285,105 823,992 - 1,109,097 469,670 458,758
Previous Year 619,805 9,107 1,771 627,141 208,794 77,443 1,132 285,105 342,037 -
Particulars As at
April 1,
2010
Additions
for the Year
2010-11
GROSS BLOCK DEPRECIATION / AMORTIZATION NET BLOCK
Deletions
for the Year
2010-11
Exchange
Gain/(Loss)
As at
March 31,
2011
Up to
April 1,
2010
For the
Year
2010-11
On
Deletions/
Discarded
for the year
2010-11
Exchange
Gain/(Loss)
Up to
March 31,
2011
As on
March 31,
2011
As on
March 31,
2010
` ` ` ` ` ` ` ` ` ` ` `
Computers - 27,228,814 - - 27,228,814 - 27,804,084 (575,271.00) - 27,228,813 - -
Land (Leasehold) 558,532 707,612 - (6,063) 1,260,081 220,469 124,802 - (4,975.33) 340,295 919,786 338,063
Plant and Machinery 25,509,900 8,369,488 - (276,913) 33,602,474 11,682,039 9,152,999 - (316,187.00) 20,518,851 13,083,623 13,827,861
Furniture and fi ttings 2,240,709 972,587 - (24,323) 3,188,972 967,113 486,692 - (20,567.99) 1,433,237 1,755,735 1,273,596
TOTAL 28,309,141 37,278,500 - (307,299) 65,280,341 12,869,621 37,568,578 (575,271) (341,730) 49,521,198 15,759,144 15,439,520
Previous Year 28,808,532 411,090 79,937 (830,544) 28,309,141 9,704,745 3,666,710 (53,600) (448,234) 12,869,621 15,439,520 -