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HIMACHAL CONSULTANCY ORGANISATION LIMITED (HIMCON)

NEW BRIDGE VIEW ESTATE, THE MALL, SHIMLA – 171 001.

BALANCE SHEET AS  AT  31ST MARCH, 2009

         

PARTICULARS

SCHE
DULE

   AS AT

   AS AT

   AS AT

   

31/03/2009

31/03/2008

31/03/2007

SHARE HOLDERS FUNDS:

       

SHARE CAPITAL

A

1500000.00

1500000.00

1500000.00

RESERVES AND SURPLUS

B

8806252.24

7095638.36

4478188.02

DEFFERED  TAX (LIABILITY)

 

21794.00

28224.00

49666.00

GRAND TOTAL

 

10328046.24

8623862.36

6027854.02

APPLICATION OF FUNDS

       

FIXED ASSETS:

       

GROSS BLOCK

C

2905786.07

2846286.07

2788224.07

LESS: DEPRECIATION

 

2183435.21

1941971.21

1643530.21

N E T   B L O C K (Rs.)

 

722350.86

904314.86

1144693.86

INVESTMENT (UNQUOTED) AT COST

       

(182 Tax Free US64 Bonds of 100 each)

 

0.00

18200.00

18200.00

CURRENT ASSETS, LOANS & ADVANCES:

D

     

CURRENT ASSETS:

       

_sundry Debtors

 

6521803.00

6424686.00

4177510.00

_Cash & Bank Balances

 

6378150.95

3957188.06

3500239.48

_Other Current Assets

 

156258.00

79958.00

7343.00

_Loans & Advances

 

970872.93

807196.74

784560.65

TOTAL CURRENT ASSETS

 

14027084.88

11269028.80

8469653.13

LESS:

       

CURRENT LIABILITIES & PROVISIONS

E

     

CURRENT LIABILITIES

 

4200877.50

3147933.30

2563858.97

PROVISIONS

 

220512.00

419748.00

1040834.00

TOTAL CURRENT LIABILITIES (Rs.)

 

4421389.50

3567681.30

3604692.97

NET CURRENT ASSETS (Rs.)

 

9605695.38

7701347.50

4864960.16

G R A N D   T O T A L (Rs.)

 

10328046.24

8623862.36

6027854.02

Contingent Liabilities Accounting

J

     

Policies and Notes on Account

       
         
(BALBIR SINGH ) OFF.MANAGER(FIN)   CDR.V.K.CHANCHLANI(RETD.)
MANAGING DIRECTOR     
 

(JAVED YUNUS)
CHAIRMAN

         
    “In terms of our audit report of even date”
PLACE:SHIMLA
DATED: 29.06.09    
   

For DHAWAN & COMPANY,
CHARTERED ACCOUNTANTS

      (I.J.DHAWAN)  
      PARTNER  

                                                 

HIMACHAL CONSULTANCY ORGANISATION LIMITED (HIMCON)

NEW BRIDGE VIEW ESTATE, THE MALL, SHIMLA – 171 001.

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31st MARCH,2009

         
         

PARTICULARS

SCHE
DULE

Fig. for the year ended as on

   

31/03/2009

31/03/2008

31.03.2007

RECEIPTS:

       

INCOME

F

20166034.25

18547432.50

18108830.50

TOTAL INCOME

 

20166034.25

18547432.50

18108830.50

EXPENDITURE:

       

Personnel

G

4638806.50

3483259.50

3220964.70

Payment to  Managing Directors

H

1151099.00

1011468.00

754483.00

Administrative Expenses

I

11323002.87

8828771.66

9270963.82

TOTAL EXPENDITURE

 

17112908.37

13323499.16

13246411.52

PROFIT FOR THE YEAR

 

3053125.88

5223933.34

4862418.98

Gratuity premium

 

9172.00

352648.00

105444.00

DPC/ Salary Arrears

 

0.00

0.00

401346.00

Leave Encashment

 

1367.00

334804.00

148096.00

Depreciation                       241464.00

       

Less: Charged to          (-)      9693 .00

 

231771.00

285565.00

149557.00

Capital Grant Reserves

       

PROFIT BEFORE TAX

 

2810815.88

4250916.34

4057975.98

LESS: Provision for Income Tax

 

921446.00

1466539.00

1345404.00

Net Profit After Tax

 

1889369.88

2784377.34

2712571.98

Appropriations:

       

(1)  Proposed Dividend

 

150000.00

150000.00

150000.00

(2)  Tax on Proposed Dividend

 

25493.00

25493.00

21038.00

(3)  Deferred Tax Liability

 

  (+)     6430.00

(+ )  21442.00

49666.00

Balance Carried forwarded to Reserve&Surplus

 

1720306.88

2630326.34

2491867.98

Contingent Liabilities Accounting

J

     

Policies and Notes on Account

       
         
(BALBIR SINGH ) OFF.MANAGER(FIN)
  CDR.V.K.CHANCHLANI(RETD.)
MANAGING DIRECTOR     
  (JAVED YUNUS)
CHAIRMAN

         
    “In terms of our audit report of even date”
PLACE:SHIMLA
DATED: 29.06.09    
   

For DHAWAN & COMPANY,
CHARTERED ACCOUNTANTS

      (I.J.DHAWAN)  
      PARTNER  

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