21/06/2006
Date :
Balance Sheet (Company Format)
Rs in one hundred thousands
Draft for HighTech Engineering Industries
81, Mittal Towar, Nariman Point, Mumbai
Year No ———— >
2003-04
2004-05
2005-06
2006-07
2002-03
A) SOURCES OF FUNDS
1. SHARE HOLDERS’ FUNDS
a) Share Capital
i. Ordinary Share Capital
40.77
40.77
40.77
42.17
43.17
ii.Preferential Share Capital
1.50
1.50
1.50
1.50
1.50
b) Subsidy
9.06
10.74
10.74
10.74
10.74
c) Reserves and Surplus
i. Reserves
20.92
27.15
41.01
59.85
84.15
ii. Surplus
16.20
54.78
92.67
150.05
228.98
2. LOAN FUND
a. Secured Loans
i. Secured Term Loans
106.99
77.76
52.02
26.29
0.55
ii. Seed Capital Loans
1.15
0.55
0.00
0.00
0.00
iii.Debentures
22.40
18.80
15.20
11.40
8.00
iv. Deferred Credits
0.00
0.00
0.00
0.00
0.00
b) Unsecured Loans
6.52
5.04
3.56
2.08
1.60
TOTAL SOURCES OF FUNDS
225.52
237.09
257.47
304.07
378.68
APPLICATION OF FUNDS
1. FIXED ASSETS
a) Gross Block
79.72
173.21
193.31
191.95
191.95
b) Additions
93.50
20.10
0.00
0.00
0.00
c) Deletions
0.00
0.00
1.36
0.00
0.00
d) Less Depreciation
29.58
63.18
96.78
129.69
158.79
e) Net Block
143.64
130.14
95.18
62.26
33.17
2. DEPOSITS AND INVESTMENTS
22.00
22.00
10.00
10.00
0.00
3. CURRENT ASSETS, LOANS & ADVANCES
a) Inventories
60.48
70.60
86.54
105.70
116.37
b) Sundry Debtors
48.45
90.52
102.20
127.12
152.82
c) Closing Cash & Bank Balance
40.22
49.14
106.61
173.23
278.95
d) Loans and Advances
1.08
1.88
2.25
2.68
2.95
LESS CURRENT LIABILITIES
a) Sundry Creditors
3.73
4.44
5.52
6.78
7.47
b) Working Capital Loans
80.04
108.78
122.96
148.47
171.99
c) Advances From Customers
9.76
15.48
17.92
22.33
26.37
4. MISCELLANEOUS EXPENDITURE
a) Preliminary Expenses
0.25
0.25
0.25
0.25
0.25
b) Preoperative Expenses
2.93
1.26
0.84
0.42
0.00
TOTAL APPLICATION OF FUNDS
225.52
237.09
257.47
304.07
378.68
Page No.
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Balance Sheet (Company Format)