Himachal
Consultancy organisation Limited (HIMCON)
New Bridge View Estate, The Mall, Shimla-171001
Profit and Loss Account for the year ended 31st March,2007
|
| Particulars
|
Schedule
|
Fig.
for the year ended as on
|
|
31/03/08
|
31/03/07
|
31/03/2006
|
| Receipts
|
|
|
|
|
| Income
|
F |
18547432.50
|
18108830.50
|
15109809.84
|
| Total
Income |
|
18547432.50
|
18108830.50
|
15109809.84
|
| Expenditure: |
|
|
|
|
| Personel |
G |
3483259.50
|
3220964.70
|
2263030.75
|
| Payment
to Managing Directors |
H |
1011468.00
|
754483.00
|
655629.00
|
| Administrative
Expenses |
I |
8828771.66
|
9270963.82
|
9229391.87
|
| Total
Expenditure |
|
13323499.16
|
13246411.52
|
12148051.62
|
| Profit
for the year |
|
5223933.34
|
4882418.98
|
2961758.22
|
| Gratuity
premium |
|
352648.00
|
105444.00
|
80701.00
|
| DPC/Salary
Arrears |
|
0.00
|
401346.00
|
575000.00
|
| Leave
Encashment |
|
334804.00
|
148096.00
|
1239229.00
|
| Depreciation
167116.00 |
|
|
|
|
| Less
Charged to (-) 17559.00 |
|
285565.00
|
149557.00
|
138447.00
|
| Capital
Grant Reserves |
|
|
|
|
| Profit
Before Tax |
|
4250916.34
|
4057975.98
|
928381.22
|
| Less:
Provision for Income Tax |
|
1466539.00
|
1345404.00
|
307732.00
|
| Net
Profit After Tax |
|
2784377.34
|
2712571.98
|
620649.22
|
| Appropriations:
|
|
|
|
|
| (1)
Proposed Dividend |
|
150000.00
|
150000.00
|
150000.00
|
| (2)
Tax on proposed Dividend |
|
25493.00
|
21038.00
|
21038.00
|
| (3)
Deferred Tax Liability |
|
(+)21442.00
|
49666.00
|
0.00
|
| Balance
carried forwarded to Reserve & Surplus |
|
2630326.34
|
2491867.98
|
449611.22
|
| Contingent
Liabilities Accounting |
J |
|
|
|
| Policies
and Notes on Account |
|
|
|
|
Himachal
Consultancy organisation Limited (HIMCON)
New Bridge View Estate, The Mall, Shimla-171001
Balance Sheet as at 31st March, 2007 |
| Particulars
|
Schedule
|
As
at
31/3/07 |
As
at
31/3/07
|
As
At
31/3/06
|
| Share
Holders funds |
|
|
|
|
| Share
Capital |
A |
1500000.00
|
1500000.00
|
1500000.00
|
| Reserves
and Surplus |
B |
7095638.36
|
4478188.02
|
2003879.04
|
| Deffered
Tax (Liability) |
|
28224.00
|
49666.00
|
0.00
|
| Grand
Total |
|
8623862.36
|
6027854.02
|
3503879.04
|
| Application
of Funds |
|
|
|
|
| Fixed
Assets |
|
|
|
|
| Gross
Block |
C |
2846286.07
|
2788224.07
|
2066850.07
|
| Less
Depreciation |
|
1941971.21
|
1643530.21
|
1476414.21
|
| Net
Block (Rs.) |
|
904314.86
|
1144693.86
|
590435.86
|
| Investment
(Unquoted) At Cost |
|
|
|
|
| (182
Tax Free US64 Bonds of 100 each) |
|
18200.00
|
18200.00
|
18200.00
|
| Current
Assets. Loans & Advances. |
D |
|
|
|
| Current
Assets |
|
|
|
|
| Fundry
Debtors |
|
6424686.00
|
4177510.00
|
3667854.00
|
| Cash
& Bank Balances |
|
3957188.06
|
3500239.48
|
2636614.36
|
| Other
Current Assets |
|
79958.00
|
7343.00
|
33254.00
|
| Loans
& Advances |
|
807196.74
|
784560.65
|
242362.32
|
| Total
Currents Assets |
|
11269028.80
|
8469653.13
|
6580084.68
|
| Less |
|
|
|
|
| Current
Liabilities & Provisions |
E |
|
|
|
| Current
Liabilities |
|
3147933.30
|
2563858.97
|
3523828.50
|
| Provisions |
|
419748.00
|
1040834.00
|
161013.00
|
| Total
Current Liabilities (Rs.) |
|
3567681.30
|
3604692.97
|
3684841.50
|
| Net
Current Assets (Rs.) |
|
7701347.50
|
4864960.16
|
2895243.18
|
| Grand
Total (Rs.) |
|
8623862.36
|
6027854.02
|
3503879.04
|
| Contingent
Liabilities Accounting |
J |
|
|
|
| Policies
and Notes on Account |
|
|
|
|
