vuqØe - spmcil

okf"kZd fjiksVZ 2006&07

vuqØeCONTENTS

funs'kd&eaMy 2Board of Directors

funs'kd fjiksVZ 3Directors' Report

ys[kk&ijh{kd fjiksVZ 13Auditors' Report

rqyu&i= 18Balance Sheet

ykHk&gkfu ys[kk 19Profit & Loss Account

udnh izokg fooj.kh 42Cash Flow Statement

Annual Report 2006-07 2

BOARD OF DIRECTORS

GENERAL MANAGERS

Shri Arvind Mayaram Joint Secretary (Infra), Deptt. of Economic Affairs, Ministry of

Finance, Govt. of India & Chairman and Managing Director,

SPMCIL.

Shri M. Deena Dayalan Joint Secretary and Financial Advisor, Ministry of Finance,

Govt. of India.

Smt. K.J. Udeshi Chairman, Banking Codes & Standards Board of India.

Shri R. Swaminathan Joint Secretary (CPV) and Chief Passport Officer, Ministry of

External Affairs, Govt. of India

Shri R.R.P. Singh Deputy Director General (Philately), Deptt. of Post, Govt. of

India

Shri Ashwini Kumar Director (Technical)

Shri Madan Mohan Director (Finance)

Sh. A.N. Ingle Sh. D.V. Gondnale Sh. Prakash Narayan

Currency Note Press, Nashik Bank Note Press, Dewas India Security Press, Nashik

Sh. N.K. Sinha Sh. S.N. Lahiri Sh. N.K. Choudhary

Security Printing Press, Hyderabad India Government Mint, Kolkata India Government Mint, Mumbai

Sh. N.K. Sinha Sh. Ashwini Kumar Sh. B.K. Pathak

India Government Mint, Hyderabad India Government Mint, Noida Security Paper Mill, Hoshangabad

STATUTORY AUDITORS

ASSTT. COMPANY SECRETARY

Shikha Talreja

K.M. Aggarwal & Co

Chartered Accountants


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Annual Report 2006-07

DIRECTORS’ REPORT

TO THE MEMBERS

On behalf of the Board of Directors, it is my privilege to present the 2nd Annual Report of the company and Audited

Accounts for the year ended 31st March, 2007 together with the report of the Statutory Auditors and Review of the

Comptroller & Auditor General of India thereon.

FINANCIAL RESULTS

Particulars 2006-07 2005-06

(for the period

10.02.2006 to

31.03.2006)

(Rs. in Crores) (Rs. in Crores)

Income 1591.11 221.56

Expenditure 1152.88 171.54

Profit Before Extraordinary Items & Taxation 438.23 50.02

Less: Prior Period Items /Extraordinary Items (NET) (14.98) -

Profit after Extraordinary Items & Prior Period Item, before Taxation 423.25 50.02

Less : Tax Expense

Provision for Current Tax (161.06) (4.90)

Provision for Deferred Tax 6.67 (12.73)

Provision for Fringe Benefit Tax (0.49) (0.06)

Profit After Taxation 268.37 32.32

The previous year figures are not comparable as the previous period comprised of operations of 50 days i.e. 10th

February, 2006 to 31st March, 2006. Significant difference in Defferred Tax provision is due to depreciation of 50

days being allowed as Depreciation of six months for Income tax purposes. The Revenue includes a sum of Rs.

238.62 crores on account of price differential on account of sale for earlier years as per details given below:

(i) IGM Hyderabad Rs. 19.10 Crores

(ii) IGM Kolkata Rs. 24.20 Crores

(iii) ISP, Nashik Rs. 195.32 Crores

The Company has repaid BRBNMPL Loan and Interest thereon for Rs. 398.90 Crores during the year. The outstanding

loan pertaining to BRBNMPL and interest thereon as on 31st March, 2007 is Rs. 11.99 Crores.

OPERATING PERFORMANCE

(i) Bank Note Press

Bank Note Press was established in 1973 as a “Intaglio Printing Press to print Rs.20/-, Rs.50/-, Rs.100/- and Rs.500/

- denomination Indian banknotes with intaglio designs. This Press also manufactures and supplies security ink for

various security organizations. The production and supply for the financial year ending 31st March, 2007 is 2267.460

million pieces in Rs.20/-, Rs.50/-, Rs.100/- and Rs.500/- denomination banknotes.

3


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vlkÌkj.k en vkSj djkÌku ls iwoZ] ykHk 438.23 50.02

?kVk,a % iwoZ vofÌ en@vlkÌj.k en (14.98) -

djkÌku ls iwoZ] vlkÌj.k en vkSj iwoZ vofÌ en ds i’pkr~ ykHk 423.25 50.02

?kVk,a % dj O;;

pkyw dj ds fy, izkoÌku (161.06) (4.90)

vkLFkfxr dj ds fy, izkoÌku 6.67 (12.73)

vuq”kaxh izlqfoÌk dj ds fy, izkoÌku (0.49) (0.06)

djkÌku ds i’pkr ykHk 268.37 32.32

fiNys o”kZ ds vkadM+s rqyuk djus yk;d ugha gSa D;ksafd fiNys o”kZ dh dk;Z vofÌ 50 fnu vFkkZr~ 10 Qjojh] 2006 ls 31ekpZ] 2006 rd dh gSA vkLFkfxr dj izkoÌku esa egRoiw.kZ varj 50 fnu dh ekewyh vofÌ ds dkj.k vk; gS ftldh vuqefrvk; dj mís’;ksa ds fy, N% ekg dh deh ds :i esa nh tk jgh gSA jktLo esa] fiNys o”kks± esa fcØh ds dkj.k ewY; foHksnd dhotg ls 238-62 djksM+ #i;s dh jkf’k 'kkfey gSa bldk fooj.k bl izdkj gS%

(i) Hkkjr ljdkj Vdlky] gSnjkckn 19.10 djksM+ #i,

(ii) Hkkjr ljdkj Vdlky] dksydkrk 24.20 djksM+ #i,

(iii) Hkkjr izfrHkwfr eqæ.kky;] ukfld 195.32 djksM+ #i,

dEiuh us bl o"kZ chvkjch,u,eih,y yksu vkSj ml ij C;kt ds :i esa 398-90 djksM+ #i, dh jkf'k vnk dh gSA 31 ekpZ]2007 dh fLFkfr ds vuqlkj] chvkjch,u,eih,y ls lacafÌr cdk;k _.k vkSj ml ij C;kt 11-99 djksM+ #i, gSA

dk;Z fu"iknu

(i) cSad uksV eqæ.kky;

mRdh.kZ fMtkbuksa lfgr 20 #i,] 50 #i,] 100 #i, vkSj 500 #i, ewY; oxks± ds Hkkjrh; cSad uksV eqfær djus ds fy,] cSaduksV eqæ.kky; dh LFkkiuk ^mRdh.kZ eqæ.kky;* ds :i esa lu~ 1973 esa dh x;h FkhA ;g eqæ.kky; fofHkUu izfrHkwfr laxBuksa dsfy, izfrHkwfr L;kgh dk mRiknu o vkiwfrZ djrk gSA 31 ekpZ] 2007 dks lekIr foÙk o"kZ esa 20 #i,] 50 #i,] 100 #i, vkSj500 #i, ewY; oxks± ds 2267-460 fefy;u ¼la[;k½ cSad uksVksa dk mRiknu o vkiwfrZ fd;k x;kA

3


(ii) Currency Note Press, Nashik Road

Initially the Currency Note Press, Nashik Road, was one of the wings in India Security Press, Nashik Road. From

the year 1958-59, Currency Note Press has become separate Unit as new Currency Note Press, Nashik Road and

started printing and supplying currency banknotes in all denominations from the year 1961 as per the requirement of

Reserve Bank of India. The production of this Unit for the financial year ending 31st March, 2007 is 2402 million

pieces.

(iii) India Security Press, Nashik Road

India Security Press, Nashik Road which is the oldest security printing press, was established in the year 1925 to

print and supply judicial/non-judicial stamp papers, all types of postal & non postal stamps & stationery, passports,

visa & other travel documents, MICR & non-MICR Cheques in continuous stationery form, Identity Cards, Railway

Warrants, Income Tax Return Order Forms, Saving Instruments (IPOs & KVP, IVP Certificates) etc. These security

documents are printed & supplied to various State Governments & Deptt. of Central Govts. including Deptt. of

Posts, Ministry of Finance, Ministry of External Affairs, Ministry of Home Affairs and RBI. ISP is presently planning

for better market access to cover other organizations. The turnover during Financial Year 2006-07 was Rs. 312

crores.

(iv) Security Printing Press, Hyderabad

Security Printing Press, Hyderabad, which was established in the year 1967 cater to the needs of the Central and

various State Governments by printing and supplying security documents such as Postal Stationery items, Central

Excise Stamps, Non-Judicial Stamps, Court Fee Stamps, Indian Postal Orders and Saving Instruments etc. The

turnover during Financial Year 2006-07 was Rs. 81 crores. There is a plan for replacement of old machines and

revamping of capacity of the Unit.

(v) Security Paper Mill, Hoshangabad

Security Paper Mill, Hoshangabad which was established in the year 1968 is responsible for manufacturing of

different types of Security Papers and Currency Paper. Papers manufactured by this Unit are used for printing of

Currency Notes and Non-Judicial Stamps which are being printed by Currency Note Press, Nashik Road & Bank

Note Press, Dewas and India Security Press and SPP, Hyderabad. Its production of security papers during the

financial year ending 31st March, 2007 is 2706.864 MTs.

(vi) India Government Mint, Noida

This Mint which was established in the year 1988 takes care of the requirement of Coins. This is one of the modern

Mints in the Country. During the financial year ending 31st March, 2007, 45.625 million pieces of Rs. 2 FSS Coin and

1.125 million pieces of Rs. 2 CN were sold by this Unit besides minting of 1 Baht Coin for export.

(vii) India Government Mint, Mumbai

This Mint, which was established in the year 1829, is one of the oldest Mints of the country, where coins of all

denominations of non ferrous alloys and ferritic stainless steel material are minted and made available for circulation

in the country. This Mint has also got the capacity of minting medals and also refining of gold and silver and other

metals. The sales of this Unit for the financial year ending 31st March, 2007 is 45 million pieces of Rs. 1 FSS, 268.750

million pieces of Rs. 2 FSS and 1.400 million pieces of Rs. 5CN.

4


(ii) pykFkZ i= eqæ.kky;] ukfld jksM

pykFkZ i= eqæ.kky;] ukfld jksM] izkjaHk esa] Hkkjr izfrHkwfr eqæk.kky;] ukfld jksM esa ,d LdaÌ Fkk pykFkZ i= eqæ.kky; o"kZ1958&59 ls u, pykFkZ i= eqæ.kky;] ukfld jksM ds :i esa ,d iFkd bdkbZ gks x;k vkSj blus Hkkjrh; fjtoZ cSad dh vis{kkds vuqlkj o"kZ 1961 ls lHkh ewY; oxks± ds cSad uksV eqfær vkSj vkiwfrZ djus 'kq: dj fn,A bl bdkbZ us 31 ekpZ] 2007 dkslekIr foÙk o"kZ esa 2402 fefy;u ¼la[;k½ cSad uksVksa dk mRiknu fd;kA

(iii) Hkkjr izfrHkwfr eqæ.kky;] ukfld jksM

Hkkjr izfrHkwfr eqæ.kky;] ukfld jksM lcls iqjkuk izfrHkwfr eqæ.kky; gSA U;kf;d@xSj&U;kf;d LVkai isij] lHkh izdkj ds Mkd,oa xSj&Mkd fVdV ,oa LVs'kujh] ikliksVZ] ohtk rFkk vU; ;k=k nLrkost] lrr LVs'kujh ds :i esa ,evkbZlhvkj rFkk,evkbZlhvkj fHkUu pSdksa] ifjp; i=ksa] jsyos okj.Vksa] vk;dj fooj.kh vkns'k izi=ksa] cpr izek.k&i=ksa ¼Hkkjrh; iksLVy vkMZj]fdlku fodkl i= bfUnjk fodkl i=½ vkfn dks eqfær o vkiwfrZ djus ds fy,] bldh LFkkiuk lu 1925 esa dh x;h FkhA ;sizfrHkwfr nLrkost fofHkUu jkT; ljdkjksa] dsaæh; ljdkj ds foHkkxksa] ftuds varxZr Mkd foHkkx] foÙk ea=ky;] fons'k ea=ky;]xg ea=ky; vkSj Hkkjrh; fjtoZ cSad lfEefyr gSa] ds fy, eqfær vkSj vkiwfrZ fd, tkrs gSaA ;g izfrHkwfr eqnz.kky;] bl le;]vU; laxBuksa dks 'kkfey djus ds fy, csgrj cktkj igqap dh ;kstuk cuk jgk gSA blus foÙk o"kZ 2006&07 esa 312 djksM #i,dk dkjksckj fd;kA

(iv) izfrHkwfr eqæ.kky;] gSnjkckn

izfrHkwfr eqæ.kky;] gSnjkckn dh LFkkiuk lu~ 1967 esa dh x;h FkhA ;g Mkd LVs'kujh enksa] dsaæh; mRikn&'kqYd LVkEi]xSj&U;kf;d LVkEi] U;k;ky; Qhl LVkEi] Hkkjrh; iksLVy vkMZj vkSj cpr fy[krksa vkfn tSls izfrHkwfr nLrkostksa dks eqfær,oa vkiwfrZ djds dsaæh; ljdkj vkSj fofHkUu jkT; ljdkjksa dh vko';drkvksa dh iwfrZ djrk gSA blus foÙk o"kZ 2006&07 esa81 djksM+ #i, dk dkjksckj fd;kA bl eqæ.kky; dh ;kstuk iqjkuh e'khuksa dks cnyus rFkk bldh {kerk c<+kus dh gSA

(v) izfrHkwfr dkxt dkj[kkuk] gks'kaxkckn

izfrHkwfr dkxt dkj[kkuk] gks'kaxkckn dh LFkkiuk lu 1968 esa dh x;h FkhA ;g fofHkUu izdkj ds izfrHkwfr dkxt vkSj djsalhdkxt ds fofuekZ.k ds fy, ftEesnkj gSA bl bdkbZ }kjk fofufeZr dkxt dk iz;ksx djsalh uksVksa vkSj xSj&U;kf;d LVkEiksa ds eqæ.kds fy, fd;k tkrk gS tks djsalh uksV izsl] ukfld jksM vkSj cSad uksV izsl] nsokl rFkk Hkkjr izfrHkwfr eqæ.kky; vkSj izfrHkwfreqæ.kky;] gSnjkckn }kjk eqfær fd, tk jgs gSaA blus 31 ekpZ] 2007 dks lekIr foÙk o"kZ esa 2706-864 ehfVªd Vu izfrHkwfr dkxtdk mRiknu fd;kA

(vi) Hkkjr ljdkj Vdlky] uks,Mk

;g Vdlky lu 1988 esa LFkkfir dh x;h FkhA ;g flDdksa dh vko';drk dk /;ku j[krh gSA ;g ns'k dh vkÌqfud Vdlkyksaesa ls gSA bl bdkbZ us 31 ekpZ] 2007 dks lekIr foÙk o"kZ ds nkSjku] fu;kZr ds fy, 1 ckgr~ flDds dh <ykbZ ds vfrfjDr2 #i, ds 45-625 fefy;u ¼la[;k½ ,Q,l,l flDdksa vkSj 2 #i, ds 1-125 fefy;u ¼la[;k½ dkWij fudy flDdksa dh fcØhdhA

(vii) Hkkjr ljdkj Vdlky] eqEcbZ

;g Vdlky lu 1829 esa LFkkfir dh x;h FkhA ;g ns'k dh lcls iqjkuh Vdlkyksa esa ls gSA ;gka ukWu Qsjl vykW; LVsuySl LVhyds lHkh ewY; oxks± ds flDdksa dh <ykbZ dh tkrh gS rFkk mUgsa ns'k esa ifjpkyu ds fy, miyCÌ djk;k tkrk gSA bl Vdlkyus esMyksa dh <ykbZ djus rFkk Lo.kZ o pkanh vkSj vU; esMyksa dks ifj'kksfÌr djus dh {kerk Hkh izkIr dj yh gSA bl bdkbZus 31 ekpZ] 2007 dks lekIr foÙk o"kZ esa ,d #i, ewY; oxZ ds 45 fefy;u ¼la[;k½ QsjsfVd LVsuySl LVhy flDdksa] 2 #i,ewY; oxZ ds 268-750 fefy;u ¼la[;k½ QsjsfVd LVsuySl LVhy flDdksa rFkk 5 #i, ewY; oxZ ds 1]400 fefy;u ¼la[;k½ dkWijfudy flDdksa dk dkjckj fd;kA

4


(viii) India Government Mint, Hyderabad

India Government Mint, Hyderabad was originally started in the year 1903 under the domain of the Nizam. However

after financial integration of the erstwhile Hyderabad State with the Union of India in 1950 the Mint was taken over

by Govt. of India. This Mint came to be known as India Govt. Mint, Hyderabad. In the year 1997 the new Mint at

Cherlapalli was established. This is the most modern Minting Unit in the country having refining facility as well as

facility to mint coins, medals and medallion. During the financial year ending 31st March, 2007, this Mint has sold

245.750 million pieces of Rs. 2 FSS Coin.

(ix) India Government Mint, Kolkata

Originally different minting facilities were created in and around Kolkatta in the 18th Century. One of the Mints was

modernized in the year 1952 and it was known as Allipore Mint. Later on Government of India renamed it as India

Government Mint, Kolkatta. This Unit is also having all facilities of refining, minting coins and manufacture of medals

and medallions. The sales of this Unit for the financial year ending 31st March, 2007 is 0.0125 million pieces of Rs. 1

FSS, 125 million pieces of Rs. 2 FSS and 0.051 million pieces of Rs. 5CN.

HIGHLIGHTS AND OUTLOOK

The Security Printing and Minting Corporation of India Limited (SPMCIL) was incorporated on 13th January, 2006

with its headquarters at Jawahar Vyapar Bhawan, Janpath, New Delhi. A decision was taken by the Govt. to corporatize

all nine Mints/Presses/Mill which were earlier working under the Ministry of Finance as industrial departmental

organizations. Accordingly all assets and liabilities of these nine units were transferred to SPMCIL w.e.f. 10th February,

2006. The Company has four Presses, four Mints and one Paper Mill. Client of two Currency Presses is RBI for

currency notes. For another two Security Presses, clients are State Governments for Non Judicial Stamp Papers and

allied stamps and Postal Department for postal stationery, stamps etc. Security Presses also produce various security

items like cheques for various clients, passport, visa stickers and other travel documents for Ministry of External

Affairs. For Mints, major work relate to RBI though small orders are received from individuals for commemorative

coins etc.

The total indent of RBI for Currency Presses of SPMCIL for the Financial Year 2007-08 has been projected as 5100

million pieces of different denominations. For Mints of SPMCIL the total indent has been projected as 3450 million

pieces of different denominations. The total indent for Security Presses for all variety of security items and financial

instruments has been projected as 856.71 million pieces.

RBI has now given the projections for requirement of banknotes and coins for next four years. As per this projection,

requirement of coins is likely to increase considerably.

DIVIDEND

The Directors do not recommend the payment of dividend for this year.

PARTICULARS OF EMPLOYEES

There was no employee of the Company who received remuneration in excess of the limits prescribed under Section

217(2A) of the Companies Act, 1956.

ENERGY CONSERVATION

The Company is not required to furnish information in Form A of Annexure to Rule 2 A of the Companies (Disclosure

of Particulars in the Report of Board of Directors) Rules, 1988 pertaining to disclosure of particulars with respect to

Conservation of Energy as it falls outside the list of Industries prescribed for furnishing said information.

5


(viii) Hkkjr ljdkj Vdlky] gSnjkckn

Hkkjr ljdkj Vdlky] gSnjkckn us] ewyr% futke ds vfÌdkj esa lu 1903 ls dke djuk 'kq: fd;k FkkA rFkkfi] iwoZ gSnjkcknjkT; dk lu 1950 esa Hkkjr la?k ds lkFk foÙkh; ,dhdj.k gks tkus ds ckn] bl Vdlky dks Hkkjr ljdkj us vius fu;a=.kesa ys fy;kA ;g Hkkjr ljdkj Vdlky] gSnjkckn ds uke ls tkuh tkrh FkhA lu 1997 esa] psjykiYyh esa u;h Vdlky LFkkfirdh x;hA ;g ns'k esa lokZfÌd vkÌqfud Vdlky bdkbZ gSA ;gka flDdksa] esMyksa vkSj esMsfy;u dks <+ykbZ djus dh lqfoÌk rFkkifj'kksÌu lqfoÌk Hkh gSA bl Vdlky us 31 ekpZ] 2007 dks lekIr foÙk o"kZ esa 2 #i, ewY; oxZ ds 245-750 fefy;u flDdksa¼la[;k½ dh fcØh dhA

(ix) Hkkjr ljdkj Vdlky] dksydkrk

ewyr% 18oha 'krkCnh esa dksydkrk vkSj mlds vkl&ikl vyx&vyx <ykbZ dh lqfoÌk,a lftr dh x;h FkhA buesa ls ,dVdlky dk lu 1952 esa vkÌqfudhdj.k fd;k x;k vkSj rc ls bls vyhiqj Vdlky ds :i esa tkuk tkrk FkkA ckn esa] Hkkjrljdkj us bldk uke cnydj Hkkjr ljdkj Vdlky] dksydkrk dj fn;kA bl bdkbZ esa Hkh flDdksa dks ifj'kksfÌr] <+ykbZdjus rFkk esMyksa vkSj esMsfy;uksa ds fofuekZ.k dh lHkh lqfoÌk,a gSaA bl bdkbZ us 31 ekpZ] 2007 dks lekIr foÙk o"kZ esa ,d#i, ewY; oxZ ds 0-0125 fefy;u QsjsfVd LVsuysl LVhy flDdksa ¼la[;k½] 2 #i, ewY; oxZ ds 125 fefy;u QsjsfVd LVsuyslLVhy flDdksa ¼la[;k½ rFkk 5 #i, ewY; oxZ ds 0-51 fefy;u dkWij&fudy flDdksa ¼la[;k½ dh fcØh dhA

eq[; ckrsa vkSj n`f"dks.k

Hkkjr izfrHkwfr eqæ.k vkSj eqæk fuekZ.k fuxe fyfeVsM 13 tuojh] 2006 dks fuxfer fd;k x;kA bldk eq[;ky; tokgj O;kikjHkou] tuin] ubZ fnYyh esa fLFkr gSA Hkkjr ljdkj }kjk lHkh ukS Vdlkyksa@eqæ.kky;ks@dkj[kkuk dks fuxfer djus dk fu.kZ;fy;k x;kA ;s igys] vkS|ksfxd foHkkxh; laxBuksa ds :i esa foÙk ea=ky; ds vÌhu dke dj jgh FkhaA rnuqlkj bu ukS bdkb;ksadh lHkh vkfLr;ka vkSj ns;rk,a Hkkjr izfrHkwfr eqæ.k vkSj eqæk fuekZ.k fuxe fyfeVsM dks 10 Qjojh] 2006 ls varfjr dj nhx;hA bl daiuh ds pkj eqæ.kky;] pkj Vdlky vkSj ,d dkxt dkj[kkuk gSA nks djsalh eqæ.kky;ksa ds xzkgd] djsalh uksVksa dsfy, Hkkjrh; fjtoZ cSad gSA vU; nks izfrHkwfr eqæ.kky;ksa ds xzkgd] xSj& U;kf;d LVkEi isijksa vkSj lac) LVkEi ds fy, jkT;ljdkjsa rFkk Mkd LVs'kujh] LVkEi vkfn ds fy, Mkd foHkkx gSaA izfrHkwfr eqæ.kky; fofHkUu xzkgdksa ds fy, pSd tSls fofHkUuizfrHkwfr enksa rFkk fons'k ea=ky; ds fy, ikliksVZ] ohtk LVhdj vkSj vU; ;k=k nLrkostksa dk Hkh mRiknu djrk gSA Vdlkyksads fy, eq[; dk;Z Hkkjrh; fjtoZ cSad ls lacafÌr gksrk gSA gkykafd Lekjd flDdksa vkfn ds fy, NksVs&NksVs vkns'k O;f"V;ksals izkIr gksrs gSaA

Hkkjr izfrHkwfr eqæ.k vkSj eqæk fuekZ.k fuxe fyfeVsM ds djsalh eqæk.kky;ksa ds fy, foÙk o"kZ 2007&08 esa Hkkjrh; fjtoZ cSaddh dqy ekax dk vuqeku fofHkUu ewY; oxks± ds 5100 fefy;u ¼la[;k½ yxk;k x;k gSA bl fuxe dh Vdlkyksa ds fy, dqyekax dk vuqeku fofHkUu ewY; oxks± ds 3450 fefy;u ¼la[;k½ yxk;k x;k gSA lHkh izdkj ds izfrHkwfr enksa vkSj foÙkh; fy[krksads lacaÌ esa izfrHkwfr eqæ.kky;ksa ds fy, dqy ekax dk vkdyu 856-71 fefy;u ¼la[;k½ fd;k x;k gSA

Hkkjrh; fjtoZ cSad us vc vkxkeh pkj o"kks± ds fy, cSad uksVksa vkSj flDdksa dh vko';drk dk vuqeku ns fn;k gSA bl vuqekuds eqrkfcd] flDdksa dh ekax dkQh c<+us dh laHkkouk gSA

ykHkka'k

funs'kd bl o"kZ ykHkka'k ds Hkqxrku dh flQkfj'k ugha djrs gSaA

deZpkfj;ksa dk fooj.k

dEiuh dk dksbZ deZpkjh ,slk ugha gS ftlus dEiuh vfÌfu;e] 1956 dh Ìkjk 217 ¼2d½ ds vÌhu fuÌkZfjr lhek ls vfÌdikfjJfed izkIr fd;k gksA

ÅtkZ laj{k.k

dEiuh dks ÅtkZ laj{k.k ds lacaÌ esa fooj.k ds izdVhdj.k ds ckjs esa dEiuh ¼funs'kd eaMy dh fjiksVZ esa fooj.k dk izdVhdj.k½fu;e] 1988 ds fu;e 2 ^d* ds vuqcaÌ ds izi= ¼d½ esa lwpuk nsuk visf{kr ugha gS D;ksafd ;g mDr lwpuk nsus okys fuÌkZfjrm|ksxksa dh lwph ls ckgj gSA

5


The Company is gearing up for greater energy conservation. Towards this end, Energy Audit has been conducted in all

Units of the Company. National Productivity Council (NPC) was engaged for the purpose of carrying out energy audit.

It has submitted the draft report and effective steps are being taken to adopt and implement energy efficient processes.

RESEARCH & DEVELOPMENT

The information as required under the Companies (Disclosure of Particulars in the Report of Board of Directors)

Rules, 1988 with respect to R&D and technology absorption is given in Annexure I to this Report.

FOREIGN EXCHANGE EARNINGS & OUTGO

S.No. Foreign Exchange Earnings/Outgo 2006-07

(Rs. in Crores)

1. Foreign Earnings

Export of Thai Baht Coin 0.88

2.. Expenditure on Payment basis incurred on Foreign Travel,

Material Supply, Capital Goods and Spares & Stores 3.79

3. Value of imports based on CIF basis (on Accrual basis) 375.38

INDUSTRIAL RELATIONS

During the period, the Industrial Relations both at the Headquarter and at all the Units were cordial. Most of the

employees are on deemed deputation from Govt. of India. Regular meetings of management and representatives of

Employees Unions are being convened to absorption of employees into the Company.

BOARD OF DIRECTORS

Consequent upon his transfer from Ministry of Finance on promotion w.e.f. 2nd February, 2007, Shri Ashok Chawla,

Additional Secretary, DEA ceased to be Chairman and Managing Director of the Company and Shri Arvind Mayaram,

Joint Secretary (Infra.), DEA has been assigned additional charge of Chairman and Managing Director of the Company.

The Board wishes to place on record its deep appreciation for the valuable services rendered by Shri Ashok Chawla

during his association with the Company.

Ms. K J Udeshi, Chairman, The Banking Codes and Standards Board of India has been appointed on the Board of

Company w.e.f 28th February, 2007. Shri Ashwini Kumar and Shri Madan Mohan have been appointed as Director

(Technical) and Director (Finance) respectively w.e.f. 23rd April, 2007. Ms. Kavery Banerjee ceased to be Director

w.e.f. 5th July, 2007 and in her place Shri R R P Singh has been appointed as Director w.e.f. 23rd October, 2007. Shri

R R Dash ceased to be Director w.e.f. 30th August, 2007 and in his place Shri R Swaninathan has been appointed as

Director. Shri A K Srivastava ceased to be Director w.e.f. 31st August, 2007.

DIRECTORS’ RESPONSIBILITY STATEMENT

Pursuant to the requirements under Section 217(2AA) of the Companies Act, 1956, with respect to Directors’

Responsibility Statement, it is hereby confirmed:

(a) That in the preparation of the Accounts, all the applicable Accounting Standards have been followed along

with proper explanation relating to material departures.

(b) That the directors have selected such accounting policies and applied them consistently and made judgments

and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the

company as at 31st March 2007 and of profit and loss account for the period ended 31st March 2007.

6


dEiuh vfÌd ÅtkZ laj{k.k ds fy, vuqdwy gks jgh gSA bl lacaÌ esa daiuh dh lHkh bdkb;ksa esa ÅtkZ laijh{kk dh x;h gSA ÅtkZlaijh{kk djus ds dk;Z esa jk"Vªh; mRikndrk ifj"kn dks yxk;k x;k FkkA blus viuh elkSnk fjiksVZ izLrqr dj nh gS rFkk ÅtkZfdQk;rh izfØ;k,a viukus ,oa fØ;kfUor djus ds fy, dkjxj dne mBk, tk jgs gSaA

vuqlaÌku vkSj fodkl

vuqlaÌku vkSj fodkl rFkk izkS|ksfxdh vkesyu ds lacaÌ esa daiuh ¼funs'kd e.My dh fjiksVZ esa fooj.k dk izdVhdj.k½ fu;e]1988 ds vÌhu ;FkkokafNr lwpuk bl fjiksVZ ds vuqcaÌ&1 esa nh x;h gSA

fons'kh eqæk miktZu vkSj O;;

Øela- fons'kh eqæk miktZu@O;; 2006-07

djksM+ #i,

1. fons'kh eqæk&FkkbZ ckgr~ flDds dk fu;kZr 0.88

2. fons'kh ;k=k] lkexzh vkiwfrZ] iwathxr eky rFkkvfrfjDr dy iqtsZ o lkeku ij fd;k x;k Hkqxrku vkÌkj ij O;; 3.79

3. lhvkbZ,Q ¼izksn~Hkou vkÌkj ij½ vkÌkfjr vk;kr dk ewY; 375.38

vkS|ksfxd lacaÌ

bl vofÌ ds nkSjku] fuxe ds eq[;ky; rFkk mldh lHkh bdkb;ksa esa vkS|ksfxd lacaÌ eÌqj jgsA vfÌdka'k deZpkjh Hkkjr ljdkjls izfrfu;qfDr ij fy, x, le>s tkrs gSaA daiuh esa deZpkfj;ksa dks vkesfyr djus ds fy, izcaÌu rFkk deZpkjh ;wfu;uksa dsizfrfufÌ;ksa dh fu;fer cSBds dh tk jgh gSaA

funs'kd e.My

Jh v'kksd pkoyk] vij lfpo] vkfFkZd dk;Z foHkkx dh 2 Qjojh] 2007 ls inksUufr gksus ij foÙk ea=ky; ls LFkkukarfjr gkstkus ds ifj.kke&Lo:i] mUgksaus daiuh ds v/;{k ,oa izcaÌ funs'kd dk dk;ZHkkj R;kx fn;k rFkk Jh vjfoan ek;kjke] la;qDrlfpo] vkfFkZd dk;Z foHkkx dks daiuh ds v/;{k ,oa izcaÌ funs'kd dk vfrfjDr dk;ZHkkj lkSaik x;k gSA funs'kd e.My Jhv'kksd pkoyk ds daiuh esa jgus ds nkSjku muds }kjk nh x;h cgqewY; lsokvksa ds fy, viuk vR;fÌd vkHkkj O;Dr djrk gSA

lqJh ds ts mns'kh] v/;{k] fn cSafdax dksM~l ,.M LVs.MMZl cksMZ vkQ bafM;k dks 28 Qjojh] 2007 ls daiuh ds cksMZ esa fu;qDrfd;kA Jh vf'ouh dqekj vkSj Jh enu eksgu dks 23 vizSy] 2007 ls Øe'k% funs'kd ¼rduhdh½ vkSj funs'kd ¼foÙk½ fu;qDrfd;k x;k gSA lqJh dkosjh csuthZ us 5 tqykbZ] 2007 ls funs'kd dk inHkkj NksM+ fn;k vkSj muds LFkku ij Jh vkj vkj ih flagdks 23 vDVwcj] 2007 ls funs'kd fu;qDr fd;k x;k gSA Jh vkj vkj nk'k us 30 vxLr] 2007 ls funs'kd dk inHkkj R;kxfn;k rFkk muds LFkku ij Jh vkj LokehukFku dks funs'kd fu;qDr fd;k x;k gSA Jh ,-ds- JhokLro us 31 vxLr] 2007 lsfuns'kd dk inHkkj NksM+ fn;kA

funs'kd&mÙkjnkf;Ro fooj.k

funs'kd mÙkjnkf;Ro fooj.k ds lacaÌ esa] daiuh vfÌfu;e] 1956 dh Ìkjk 217 ¼2dd½ ds vÌhu vis{kkvksa ds vuqlj.k esa],rn~ }kjk ;g iqf"V dh tkrh gS fd

(d) ys[kkvksa dks rS;kj djus esa] rkfRod vuqlj.k u fd, tkus ls lacafÌr leqfpr Li"Vhdj.k lfgr lHkh ykxw ys[kk ekudksadk ikyu fd;k x;k gS(

([k) funs'kdksa us ,slh ys[kk uhfr;ka p;u dh gSa vkSj mUgsa yxkrkj ykxw fd;k gS vkSj ,sls fu.kZ; vkSj izkDdyu fd, gSa tksmfpr ,oa foosdiw.kZ gSa ftlls fd os 31 ekpZ] 2007 dh fLFkfr ds vuqlkj dEiuh ds dk;ks± dh fLFkfr dk rFkk 31ekpZ] 2007 dks lekIr vofÌ ds ykHk&gkfu [kkrs dk lgh o okLrfod fp= izLrqr djrs gSa(

6


(c) That the directors have taken proper and sufficient care for the maintenance of adequate accounting records

in accordance with the provisions of the Companies Act, 1956 for safeguarding the assets of the company

and for preventing and detecting fraud and other irregularities.

(d) That the directors have prepared the Accounts on a going concern basis.

STATUTORY AUDITORS

M/s K M Aggarwal & Co., Chartered Accountants, New Delhi were appointed as Statutory Auditors for the financial

year 2006-07 by the Comptroller and Auditor General(CAG) of India in terms of Section 619(2) of the Companies

Act, 1956. Further 9 Branch Auditors were appointed by Comptroller and Auditor General of India for the financial

year 2006-07.

AUDITORS’ REPORT

The Auditors’ Report on the Accounts of the Company for the financial year ended 31st March, 2007 and the

Management’s Replies and the Review on accounts for the year ended 31st March, 2007 by the Comptroller &

Auditor General of India under Section 619 (4) of the Companies Act, 1956 along with the Management’s Replies

thereon are enclosed to the Directors’ Report as Annexure II and III.

ACKNOWLEDGEMENTS

The Board of Directors acknowledges with deep sense of appreciation the cooperation received from the Govt. of

India, particularly the Ministry of Finance, Ministry of External Affairs, Deptt. of Post, Deptt. of Public Enterprises,

and also to Banks. The Board of Directors acknowledges with thanks the constructive suggestions received from

C&AG and the Statutory Auditors. The Board of Directors also places on record their sincere appreciation of the

devotion and commitment of every employee of the Company.

For and on behalf of the Board of Directors

Arvind Mayaram

Chairman and Managing Director

Date: 31st October, 2007

Place: New Delhi

7


(x) funs'kdksa us daiuh dh vkfLr;ksa dh lqj{kk ds fy, rFkk diV ,oa vU; vfu;ferrkvksa dks jksdus ,oa mudk irk yxkusds fy,] daiuh vfÌfu;e] 1956 ds micaÌksa ds vuqlkj] i;kZIr ys[kk vfHkys[kksa ds vuqj{k.k gsrq leqfpr ,oa i;kZIrns[kjs[k dh gS( vkSj

(?k) funs'kdksa us fo|eku leqRFkku vkÌkj ij ys[kkvksa dks rS;kj fd;k gSA

lkafofÌd ys[kk&ijh{kd

daiuh vfÌfu;e] 1956 dh Ìkjk 619¼2½ ds vuqlkj Hkkjr ds fu;a=d ,oa egkys[kk ijh{kd }kjk foÙk o"kZ 2006&07 ds fy,eSllZ ds-,e- vxzoky ,.M daiuh] lunh ys[kkdkj] ubZ fnYyh dks lkafofÌd ys[kk&ijh{kd fu;qDr fd;k x;kA blds vykok]Hkkjr ds fu;a=d ,oa egkys[kk ijh{kd }kjk foÙk o"kZ 2006&07 ds fy, 9 'kk[kk ys[kk&ijh{kd fu;qDr fd, x,A

ys[kk&ijh{kd fjiksVZ

daiuh ds 31 ekpZ] 2007 dks lekIr foÙk o"kZ ds ys[kkvksa ds fo"k;d ys[kk ijh{kd&fjiksVZ rFkk daiuh vfÌfu;e] 1956 dhÌkjk 619 ¼4½ ds vÌhu Hkkjr ds fu;a=d ,oa egkys[kk ijh{kd }kjk 31 ekpZ] 2007 dks lekIr o"kZ ds ys[kkvksa ds lacaÌ esaleh{kk rFkk mu ij izcaÌu ds mÙkj vuqcaÌ&2 vkSj 3 ds :i esa funs'kdksa dh fjiksVZ ds lkFk layXu gSA

vkHkkj

funs'kd eaMy Hkkjr ljdkj] fo'ks"kdj foÙk ea=ky;] fons'k ea=ky;] Mkd foHkkx] yksd m|e foHkkx vkSj cSadksa ls feys lg;ksxds fy, mudk vkHkkjh gSA funs'kd e.My] Hkkjr ds fu;a=d ,oa egkys[kk ijh{kd rFkk lkafofÌd ys[kk ijh{kdksa ls izkIrjpukRed lq>koksa ds fy, mudk ÌU;okn izdV djrk gSA funs'kd e.My daiuh ds izR;sd deZpkjh ds leiZ.k ,oa izfrc)rkdh Hkh ljkguk djrk gSA

funs'kd e.My ds fufeÙk vkSj mldh vksj ls

vjfoUn ek;kjke

v/;{k rFkk izcaÌ funs'kd

rkjh[k% 31 vDrwcj] 2007

LFkku% ubZ fnYyh

7


Form B(Pursuant to Section 217 of the Companies Act, 1956 and the Rules framed there under)

Research and Development ( R & D)

1. Specific areas in which R & D carried out by the Company

BNP’s Ink Factory has produced about 30MT of Quickset Intaglio Inks and all the quantity has been consumed

at BNP itself.

2. Benefits derived as a result of the above R & D

This has enabled SPMCIL production of Quickset Intaglio Inks at a much cheaper cost and it will be sent to

other Security Printing Presses for trial.

3. Future plan of action

a) After getting comments from other units it is proposed to make about 120 Tons of Quickset Intaglio Inks.

b) Standing Committee of Experts has been requested to identify Testing of various parameters at 3rd party R

& D Labs/ Institutions.

c) SPMCIL personnel have been nominated in Security/Currency exhibitions and four officials are going to

participate in 6th Asian High Security Printing Conference to be held from October 30- November 1, 2007

in Hong Kong.

4. Expenditure on R & D expenditure as a percentage of total turnover

There is no dedicated set up for R&D. Expenses incurred for R&D are part of regular management and

production expenditure, which is negligible. However, during the Financial Year 2007-08, the target of R&D

expenditure is 0.05% of Sales Turnover.

Technology absorption, adaptation and innovation

1. Efforts, in brief, made towards technology absorption, adaptation and innovation

SPMCIL’s officials visited renowned currency paper manufacturing firms in Germany, U.K., France, Sweden,

Italy during CWBN Paper inspection etc,.

2. Benefits derived as a result of the above efforts e.g. product improvement, cost reduction, productdevelopment, import substitution etc.

SPMCIL’s officials gained knowledge of modern technologies in banknote paper manufacturing abroad.

3. In case of imported technology (imported during the last 5 years reckoned from the beginning of thefinancial year) following information may be furnished:

(a) Technology imported

(b) Year of import

(c) Has technology been fully absorbed?

(d) If not fully absorbed, areas where this has not taken place, reasons therefore and future plantaction.

No technology has been imported during the last 5 years.


Arvind MayaramChairman and Managing Director

Date: 31st October, 2007Place: New Delhi

Annexure-I to Directors' Report

8


izi= [k¼daiuh vfÌfu;e] 1956 dh Ìkjk 217 vkSj mlds rgr cuk, x, fu;eksa ds vuqlj.k esa½

vuqlaÌku vkSj fodkl

1. fof'k"V {ks= ftlesa daiuh us vuqlaÌku vkSj fodkl dk;Z fd;k

cSad uksV izsl dh bad QSDVjh us yxHkx 30 ehfVªd Vu fDodlSV buVsfy;ks bad dk mRiknu fd;k vkSj mlus Lo;a lewphizek=k dk mi;ksx dj fy;kA

2. mi;qZDr vuqlaÌku vkSj fodkl ds QyLo:i mRiUu ykHk

blls Hkkjr izfrHkwfr eqæ.k vkSj eqæk fuekZ.k fuxe fy- vR;fÌd lLrh ykxr dh fDodlSV buVSfyvks bad dk mRiknu djusesa l{ke gqvk vkSj bls iz;ksx ds fy, vU; izfrHkwfr eqæ.kky;ksa dks Hkstk tk,xkA

3. Hkkoh dk;Z ;kstuk

d) vU; ;wfuVksa ls fVIif.k;ka izkIr gks tkus ds ckn] fDodlSV buVSfyvks bad dk yxHkx 120 Vu mRiknu djus dk izLrkogSA

[k) fo'ks"kKksa dh LFkkbZ lfefr ls rhljs i{k dh vuqlaÌku vkSj fodkl iz;ksx 'kkykvksa@laLFkkvksa esa fofHkUu ijh{k.k ekinaMksadh igpkuus dk vuqjksÌ fd;k x;k gSA

x) bl fuxe ds dkfeZd izfrHkwfr@djsalh izn'kZfu;ksa esa fu;qDr fd, x, gSa vkSj pkj vfÌdkjh gkaxdkax esa 30 vDrwcjls 01 uoacj] 2007 rd vk;ksftr gksus okys 6Bsa ,f'k;kbZ mPp izfrHkwfr eqæ.k lEesyu esa Hkkx ysus ds fy, tk jgsgSaA

4. dqy dkjksckj ds izfr'kr ds :i esa vuqlaÌku vkSj fodkl ij O;;

vuqlaÌku vkSj fodkl ds fy, dksbZ lefiZr izfr"Bku ugha gSA vuqlaÌku vkSj fodkl ds fy, fd;k x;k O;;] fu;fer izcaÌuvkSj mRiknu O;; dk fgLlk gS] tks ux.; gSA rFkkfi] foÙk o"kZ 2007&08 ds nkSjku] vuqlaÌku vkSj fodkl ij] dqy fcØhdkjksckj dk 0-05 izfr'kr O;; fd, tkus dk y{; gSA

izkS|ksfxdh ds lekos'ku] vuqdwyu vkSj uohu ifjorZu1. izkS|ksfxdh lekos'ku] vuqdwyu vkSj uohu ifjorZu ds fy, fd, x, laf{kIr iz;kl

Hkkjr izfrHkwfr eqæ.k vkSj eqæk fuekZ.k fuxe fy- ds vfÌdkfj;ksa us lhMCY;wch,u isij fujh{k.k bR;kfn ds lacaÌ esa teZuh];w-ds- Ýkal] LohMu] bVyh esa iz[;kr djSalh isij fofuekZ.k Qeks± dk nkSjk fd;kA

2. mi;qZDr iz;klksa vFkkZr mRikn esa lqÌkj] ykxr esa deh] mRikn fodkl] vk;kr izfrLFkkiu bR;kfn ds ifj.kkeLo:i izkIr ykHk

Hkkjr izfrHkwfr eqæ.k vkSj eqæk fuekZ.k fuxe fy- ds vfÌdkfj;ksa dks fons'k esa fofufeZr fd, tk jgs cSad uksV isij dhvR;kÌqfud izkS|ksfxfd;ksa dk Kku izkIr gqvkA

3. vk;kfrr izkS|ksfxdh ¼foÙkh; o"kZ ls 'kq: djrs gq,] fiNys ikap o"kks± ds nkSjku vk;kfrr½ ds ekeys esa fuEufyf[kr tkudkjhnh tk,%

(d) vk;kfrr izkS|ksfxdh([k) vk;kr dk o"kZ(x) D;k ;g izkS|ksfxdh iw.kZ:i ls lekosf'kr dj yh xbZ gS\(?k) ;fn ;g iw.kZ:i ls lekosf'kr ugha dh xbZ gS] mu {ks=ksa dk mYys[k djsa tgka bldks lekosf'kr ugha fd;k x;k gS] mlds

dkj.k vkSj Hkkoh dk;Z ;kstuk dk mYys[k djsaA

fiNys 5 o"kks± ds nkSjku dksbZ izkS|ksfxdh vk;kr ugha dh xbZ gSA

funs'kd eaMy ds fufeÙk vkSj mldh vksj ls

vjfoUn ek;kjkev/;{k ,oa izcaÌ funs'kd

rkjh[k: 31 vDrwcj, 2007

LFkku % ubZ fnYyh

funs'kd fjiksVZ dk vuqcaÌ-I

8


MANAGEMENT’S REPLY TO AUDIT REPORT

The auditors have given the audit report and as per the certification the following salient points emerged:

1. The proper books of accounts as required by law have been kept by company so far as appears from audit

examination of those books. For preparation of company’s accounts, the branch auditor’s report have been

considered. As per the requirement of the Companies Act, 1956 the accounts are giving true and fair view and

are in conformity with the accounting principles generally accepted in India.

2. The para-wise comments on the Audit Report are as follows:

Para D 2 (a), (b) & (c)

As per the Ministry of Finance O.M dated 10th February, 2006 all assets and liabilities have been taken at the book

value. Being commercial entity, the units have been maintaining the asset register based on the gross block and

the life of the asset were fixed accordingly. Therefore, the assets have been taken in the books of SPMCIL at net

block (gross block less depreciation). However, for the depreciation purposes the value is being shown at gross

block so that same technical life could be continued. This will facilitate easy calculation of depreciation without

involving the re-fixation of the life of the asset. Further Board has given directions to review the fixed asset

register and to produce Impairment report of Fixed Assets.

Para D (6) (a) & (b)

This information was inadvertently not included in the annual report of the unit. However the information is now

available.

Para 3(c)

Debtors of SPMCIL are Govt organization and RBI. Balances of RBI are duly reconciled and confirmed whereas

other debtors are being reconciled in a phased manner. Sundry creditors and Loan and Advances are being

reviewed and it is in the process of confirmation/reconciliation.


Arvind MayaramChairman and Managing Director

Date: 31st October, 2007

Place: New Delhi

Annexure-II to Directors' Report

9


ys[kk ijh{kk fjiksVZ ij izcaÌu dk mÙkj

ys[kk ijh{kdksa us ys[kk ijh{kk fjiksVZ ns nh gS vkSj izek.ku ds vuqlkj fuEufyf[kr izeq[k eqís mHkjs gSa%

1. tgka rd ys[kk cfg;ksa dh ys[kk ijh{kk tkap ls izrhr gksrk gS] daiuh }kjk fofÌor ;Fkk visf{kr mi;qDr ys[kk cfg;ka j[kh

xbZ gSaA daiuh ds [kkrksa dh rS;kjh ds fy,] 'kk[kk ys[kk ijh{kd dh fjiksVZ ij fopkj fd;k x;k gSA daiuh vfÌfu;e] 1956

dh vis{kk ds vuqlkj [kkrs lgh vkSj okLrfod fp= izLrqr dj jgs gSa vkSj Hkkjr esa lkekU;r% Lohdr ys[kk fl)karksa ds

vuq:i gSA

2. ys[kk ijh{kk fjiksVZ ds lacaÌ esa iSjk&okj fVIif.k;ka fuEufyf[kr gS%

iSjk ?k 2 (d), ([k) vkSj (x)

foÙk ea=ky; ds fnukad 10 Qjojh] 2006 ds dk;kZy; Kkiu ds vuqlkj lHkh vkfLr;ka vkSj nsunkfj;ka cgh ewY; ij yh

xbZ gSaA okf.kfT;d fudk; gksus ds ukrs] ;s bdkb;ka ldy Cykd ij vkÌkfjr vkfLr jftLVj j[k jgs gSa vkSj bu vkfLr;ksa

dh fe;kn rnuqlkj fu;r dh x;h gSA vr% bu vkfLr;ksa dks fuoy Cykd ¼ldy Cykd ls ewY;gzkl ?kVkdj½ ij bu fuxe

dh cfg;ksa esa fy;k x;k gSA rFkkfi] ewY;gzkl iz;kstuksa gsrq] ewY; dks ldy Cykd ij n'kkZ;k tk jgk gS rkfd leku rduhdh

dk;Zdky tkjh j[kk tk ldsA blls] vkfLr dh fe;kn ds iqufuZÌkj.k dks 'kkfey fd, fcuk] ewY;gzkl ds ljy ifjdyu

esa lqfoÌk gksxhA blds vfrfjDr cksMZ us LFkkoj vkfLr jftLVj dh leh{kk djus vkSj LFkkoj vkfLr dh ewY;gzkl fjiksVZ

izLrqr djus ds funsZ'k fn, gSaA

iSjk ?k (6) (d) vkSj ([k)

;g tkudkjh ;wfuV dh okf"kZd fjiksVZ esa vutkus esa 'kkfey ugha dh tk ldhA vr% ;g tkudkjh vc miyCÌ gSA

iSjk 3 (x)

bl fuxe ds nsunkj ljdkjh laxBu vkSj Hkkjrh; fjtoZ cSad gSaA Hkkjrh; fjtoZ cSad ds cdk;ksa dk fofÌor lekÌku fd;k

tkrk gS vkSj ;g iqf"V dh tkrh gS tcfd vU; nsunkjksa dk pj.kc) rjhds ls fuiVkjk fd;k tk jgk gSA fofoÌ ysunkjksa

vkSj _.k rFkk vfxzeksa dh leh{kk dh tk jgh gS vkSj bldh iqf"V@lekÌku dh izfØ;k py jgh gSaA

funs'kd eaMy ds fufeÙk vkSj mldh vksj ls

vjfoUn ek;kjkev/;{k ,oa izcaÌ funs'kd

rkjh[k: 31 vDrwcj, 2007

LFkku % ubZ fnYyh

funs'kd fjiksVZ dk vuqcaÌ-II

9


Comments

The preparation of financial statements of Security

Printing and Minting Corporation of India Limited for

the year ended 31st March, 2007 is in accordance with

the financial reporting framework prescribed under the

Companies Act, 1956 is the responsibility of the

management of the company. The statutory auditors

appointed by the Comptroller and Auditor General of India

under Section 619 (2) of the Companies Act, 1956 are

responsible for expressing opinion on these financial

statements under Section 227 of the Companies Act, 1956

based on independent audit in accordance with the auditing

and assurance standards prescribed by their professional

body the Institute of Chartered Accountants of India.

This is stated to have been done by them vide their Audit

Report dated 10.09.2007.

I on the behalf of the Comptroller and Auditor General of

India have conducted a supplementary audit under Section

619 (3) (b) of the Companies Act, 1956 of the financial

statements of Security Printing and Minting Corporation

of India Limited for the year ended 31st March, 2007.

This supplementary audit has been carried out

independently without access to the working papers of

the statutory auditors and is limited primarily to inquiries

of the statutory auditors and company personnel and a

selective examination of some of the accounting records.

Based on my supplementary audit, I would like to highlight

the following significant matters under section 619 (4)

of the Companies Act, 1956 which have come to my

attention and which in my view are necessary for enabling

a better understanding of the financial statements and

the related Audit Report.

A. Balance Sheet

Current Assets, Loans & Advances – Rs.3546.22crore

Loans & Advances – Rs.250.01 crore

The above is overstated by Rs.28.26 crore due to wrong

accountal of sale of coins by IGM Hyderabad which has

also resulted in overstatement of Funds from Government

of India (adjustable).

Management’s reply

There is no cash transaction between the Corporate Office

and the Units as it is handled through inter unit

adjustments. In the instant case the sales of coins have

been booked as current assets in place of inter unit

adjustment. Amount of Rs.28.26 cr has been taken into

Annexure-III to Director’s Report

MANAGEMENT’S REPLY TO THE COMMENTS OF THE COMPTROLLER AND AUDITOR GENERAL OF

INDIA UNDER SECTION 619(4) OF THE COMPANIES ACT, 1956 OF THE ACCOUNTS OF SECURITY

PRINTING AND MINTING CORPORATION OF INDIA LTD. FOR THE YEAR ENDED 31st MARCH 2007.

10


fVIif.k;ka

31 ekpZ] 2007 dks lekIr o"kZ ds fy, Hkkjr izfrHkwfr eqæ.kvkSj eqæk fuekZ.k fuxe fy- ds foÙkh; fooj.k] daiuh vfÌfu;e]1956 ds rgr fuÌkZfjr foÙkh; fjiksVZ rS;kj djus ds micaÌ dsvuqlj.k esa rS;kj djuk] daiuh ds izcaÌu dk nkf;Ro gSA daiuhvfÌfu;e] 1956 dh Ìkjk 619 ¼2½ ds rgr Hkkjr ds fu;a=dvkSj egkys[kk ijh{kd }kjk fu;qDr lkafofÌd ys[kk ijh{kdO;kolkf;d fudk; vFkkZr Hkkjr ds pkVZMZ vdkmaVsV~l laLFkku}kjk mudh fuÌkZfjr ys[kk ijh{kk vkSj vk'oklu ekudksa dsvuqlkj Lora= ys[kk ijh{kk ij vkÌkfjr daiuh vfÌfu;e]1956 dh Ìkjk 227 ds rgr bu foÙkh; fooj.kksa ij fVIif.k;kaO;Dr djus ds fy, ftEesnkj gSaA ;g mUgksaus fnukad 10-9-2007 dh viuh ys[kk ijh{kk fjiksVZ esa vius }kjk fd;k gqvkcrk;k gSA

eSaus] Hkkjr ds fu;a=d vkSj egkys[kk ijh{kd dh vksj ls]daiuh vfÌfu;e] 1956 dh Ìkjk 619 ¼3½ ¼[k½ ds vÌhu] 31ekpZ] 2007 dks lekIr o"kZ ds fy, Hkkjr izfrHkwfr eqæ.k vkSjeqæk fuekZ.k fuxe fy- ds foÙkh; fooj.kksa dh iwjd ys[kk&ijh{kkdh gSA ;g iwjd ys[kk&ijh{kk lkafofÌd ys[kk ijh{kdksa dsfujh{k.k dkxtksa ds izkIr gq, fcuk] Lora= :i ls dh xbZ gS vkSj;g eq[;r% lkafofÌd ys[kk ijh{kdksa vkSj daiuh ds dkfeZdksadh iwNrkN rd rFkk dqN pqfuank ys[kkadu fjdkMks± dh tkaprd lhfer gSA eSa] viuh iwjd ys[kk&ijh{kk ds vkÌkj ijdaiuh vfÌfu;e] 1956 dh Ìkjk 619 ¼4½ ds vÌhu esjs lkeustks ckrsa vkbZ gSa vkSj esjs fopkj ls foÙkh; fooj.kksa vkSj lacafÌrys[kk ijh{kk fjiksVZ dks csgrj <ax ls le>us ds fy, vko';dgSa] mudks ;gka js[kkafdr djuk pkgwaxk%

d- rqyu i=

ekStwnk vkfLr;ka] _.k vkSj vfxze & 3546.22 djksM+ #i,

_.k vkSj vfxze & 250.01 djksM+ #i,

mijksDr esa Hkkjr ljdkj Vdlky] gSnjkckn }kjk flDdksa dhfcØh dk xyr ys[kkadu djus ds dkj.k 28-26 djksM+ #i,dk vfÌd mYys[k fd;k x;k gS ftlds dkj.k Hkkjr ljdkjls QaM dh vR;qfDr gqbZ ¼lek;kstu ;ksX;½A

izcaÌu dk mÙkj

fuxe dk;kZy; vkSj ,ddksa ds chp dksbZ udn ysu&nsu ughagqvk D;ksafd ;g varj,dd lek;kstu ds ek/;e ls fd;k tkrkgSA orZeku ekeys esa flDdksa dh fcØh varj,dd lek;kstu dsLFkku ij orZeku vkfLr ds :i esa ntZ dh xbZA vuqlwph la[;k5 ds rgr 28-26 djksM+ #- dh jkf'k dks fofoÌ nsunkj [kkrksaesa ys fy;k x;kA

funs'kd fjiksVZ dk vuqcaÌ&III

Hkkjr izfrHkwfr eqæ.k vkSj eqæk fuekZ.k fuxe fy- ds 31 ekpZ] 2007 dks lekIr o"kZ ds ys[kkvksa ij daiuh vfÌfu;e] 1956 dh

Ìkjk 619 (4) ds vÌhu Hkkjr ds fu;a=d vkSj egkys[kk ijh{kd dh fVIif.k;ksa ij izcaÌu dk mÙkj

10


B. Comment on Disclosure

(i) (Increase)/Decrease in finished stocks – Rs.8.05crore

In the absence of cost data for the year 2006-07, ISP

Nashik has valued the finished stock as on 31.03.2007

on the basis of cost data of 2003-04 which is not in

accordance with the stated Accounting Policy of the unit.

This has not been suitably disclosed in the notes on

accounts.

(ii) Prior Period Items/ Extra Ordinary Items (Net)Rs. 14.98 Crores

(a) The details of Prior Period items have not been

disclosed separately as required under AS-5.

(b) The above is overstated by Rs. 22.39 crore due to

(i) inclusion of amount claimed by Security Paper Mill,

Hoshangabad from the Government of India towards

price revision of earlier years due to payment of pay and

allowances – Rs.21.90 crore.

(ii) adjustment in opening stock attributable to stock

minted coins from 10 February 2006 to 31 March 2006

– Rs.48.97 lakh.

(iii) Inventories

The cost adopted for valuation of Re.1 and Rs.2 coins at

IGM Noida on the basis of provisional selling price has

not been disclosed in the Accounting Policy

Sundry Debtors vide Schedule No.5 which is part of

Rs.84.84 cr appearing in Head Office Books as sale of

coins to Ministry. Reconciliation under inter unit head is

an on ongoing process hence same will be rectified

during the year 2007-08.

Increase in total finished stock of ISP as on 31.03.2007

is Rs. 9.75 crores only. Even, if there is change in

valuation of finished goods change in value of finished

stock will be insignificant. However, suggestion of audit

is noted and such facts, if any shall be disclosed in the

Notes on Accounts.

(a) In our opinion presentation of prior period items is in

accordance with the requirement of AS-5 issued by the

ICAI. As per Para 19 of AS 5, prior period items may be

shown after the determination of current year’s profit

so that its impact on the same may be perceived.

However, observation is noted and details would be

provided as a schedule as break-up in the notes on

accounts.

(b)

(i) As per the Govt. order all the assets and liabilities as

on 10th February, 2006 has been transferred to

Corporation. There is no amount claimed by SPM,

Hoshangabad from Govt. of India towards price revision.

The Payment of Rs.21.90 cr was released by SPM

Hoshangabad on account of court order relating to

revision of wages/incentive pertaining to period prior to

corporatisation. Since the amount does not relate to sale

to outside parties therefore it has been included in Prior

Period/Extraordinary Items in consolidated accounts.

(ii) Finished goods produced during 10.02.2006 to

31.03.2006 were valued at face value due to old practice

of valuation at IGM, Noida. However as on 31.03.2007

they have been suitably valued as per the cost records.

The difference has been adjusted in the profit and loss

account as per the accounting policy.

Before Corporatisation, Mints valued the Stock of Minted

Coins at Face value and accordingly it was taken at the

face value as on 9.02.2006.

11


[k- izdV fd, x, rF;ksa ij fVIi.kh

(i) rS;kj LVkWd esa ¼o`f)½@deh& 8.05 djksM+ #-

o"kZ 2006&07 esa ykxr vkadM+ksa dh vuqiyCÌrk ds dkj.k]vkbZ,lih ukfld us 2003&04 ds ykxr vkadM+ksa ds vkÌkjij 31-03-2007 dh fLFkfr ds vuqlkj rS;kj LVkd dkewY;kadu fd;k gS tks ,dd dh of.kZr ys[kkadu uhfr dsvuqlkj ugha gSA bldk ys[kk lacaÌh fVIif.k;ksa esa mi;qDr ftØugha fd;k x;k gSA

(ii) iwoZ vofÌ en@vlkÌkj.k en ¼fuoy½

14.98 djksM+ #i,

(d) iwoZ vofÌ enksa ds C;kSjs dk vyx ls dksbZ mYys[k ughafd;k x;k gS tks ,,l&5 ds vÌhu visf{kr gSA

([k) mijksDr 22-39 djksM+ #- dh vR;qfDr fuEu ds dkj.kgqbZ%

(i) iwoZorhZ o"kks± esa ewY; esa la'kksÌu ds dkj.k osru vkSj HkÙkksadh vnk;xh djus ds fy, Hkkjr ljdkj ls izfrHkwfr dkxtfey] gks'kaxkckn }kjk ekaxh jkf'k dks 'kkfey djus ls & 21-90 djksM+ #-A

(ii) 10 Qjojh] 2006 ls 31 ekpZ] 2006 rd fufeZr flDdksads LVkWd ds dkj.k] izkjafHkd LVkWd esa lek;kstu&48-97 yk[k#-

(iii) eky lwph

vuafre fcØh ewY; ds vkÌkj ij vkbZth,e uks,Mk esa 1 #i,vkSj 2 #i, ds flDdksa ds ewY;kadu ds fy, viukbZ xbZ ykxrdk mYys[k ys[kkadu uhfr esa ugha fd;k x;k gSA

;g eq[;ky; dh ys[kk cfg;ksa esa ea=ky; dks csps x, flDdksads :i esa izfo"V 84-84 djksM+ #- dk fgLlk gSA varj,dd'kh"kZ ds vÌhu lekÌku djuk ,d lrr izfØ;k gS] blfy, o"kZ2007&08 ds nkSjku mls Bhd dj fy;k tk,xkA

31-03-2007 dh fLFkfr ds vuqlkj vkbZ,lih ds dqy rS;kjLVkd esa of) dsoy 9-75 djksM+ #- jghA fQj Hkh] ;fn rS;kjeky ds ewY;kadu esa ifjorZu gksrk gS rks rS;kj LVkd ds ewY;esa ifjorZu ux.; gksxkA blfy,] ys[kk ijh{kk ds lq>ko dksuksV fd;k tkrk gS vkSj ,sls rF;ksa] ;fn dksbZ gksa] dk ftØ ys[kklacaÌh fVIif.k;ksa esa fd;k tk,xkA

(d) gekjh jk; esa] iwoZ vofÌ enksa dk izLrqrhdj.k vkbZlh,vkbZ}kjk tkjh ,,l&5 dh vis{kk ds vuqlkj gSA ,,l&5 ds iSjk19 ds vuqlkj iwoZ vofÌ enksa dks pkyw o"kZ dk ykHk lqfuf'prdjus ds ckn n'kkZ;k tk ldsxk rkfd mlh ij blds izHkko dkseglwl fd;k tk ldsA rFkkfi] bl fVIi.kh dks uksV fd;ktkrk gS vkSj ys[kk lacaÌh fVIif.k;ksa ds C;kSjs ds vuqlkjvuqlwph ds :i esa] C;kSjk fn;k tk,xkA

([k)

(i) ljdkjh vkns'k ds vuqlkj 10 Qjojh] 2006 dks lHkhvkfLr;ka vkSj ns;rk,a fuxe dks varfjr dj nh x;hA vr%ewY; la'kksÌu ds fy, ,lih,e] gks'kaxkckn us Hkkjr ljdkjls dksbZ jkf'k ugha ekaxh gSa 21-90 djksM+ #- dh jkf'k dhvnk;xh gsrq fuxehdj.k dh vofÌ ls iwoZ osru@izksRlkgu dsla'kksÌu lacaÌh U;k;ky; ds vkns'k ds dkj.k ,lih,e]gks'kaxkckn }kjk mDr jkf'k tkjh dh x;h FkhA pwafd ;g jkf'kckgjh i{kksa dks fcØh ls lacafÌr ugha gS] blfy, bls lesfdr[kkrksa esa iwoZ vofÌ@vlkÌkj.k enksa esa 'kkfey ugha fd;k x;kgSA

(ii) fnukad 10-02-2006 ls 31-03-2006 ds nkSjku mRikfnrrS;kj eky dk ewY;kadu] Hkkjr ljdkj Vdlky] uks,Mk esaewY;kadu dh izpfyr iqjkuh i)fr ds dkj.k vafdr ewY; ijfd;k x;k FkkA rFkkfi 31-03-2007 dh fLFkfr ds vuqlkj]mudk ewY;kadu ykxr fjdkMks± ds vuqlkj mi;qDr <ax lsfd;k x;kA bl varj dks ys[kkadu uhfr ds vuqlkj ykHk&gkfu[kkrs esa lek;ksftr dj fn;k x;k gSA

fuxehdj.k ls iwoZ] Vdlkyksa us fufeZr flDdksa ds LVkd dkewY;kadu vafdr ewY; ij fd;k Fkk vkSj rnuqlkj bldkewY;kadu 9-02-2006 dh fLFkfr ds vuqlkj vafdr ewY; ijfd;k x;k FkkA

11


Comprehensive Cost Sheets were not prepared in the past,

however, provisional selling price was fixed at Rs. 1.15

and Re 0.94 respectively for Rs. 2 and Re 1 coins, the

cost of which to the Corporation was Rs. 2 and Re 1.

This could have resulted in loss of 85 paise and 06 paise.

It was considered prudent to value the stock taken over

from the Government at cost by deducting 10% margin

from the Selling Price.

Therefore the Stock taken over from the Government

was adjusted at cost (less 10% profit margin on selling

price) and corresponding adjustment was made in the

Purchase consideration.

Since the matter is quite old, records are being verified.

Rate of depreciation have been followed uniformly by the

company. There is difference of opinion on rate of

depreciation being charged on some mixed use building

assets and machinery being used in multiple shifts.

As stated above valuation of stocks of Rs. 5 Cupro-Nickel

coins were continued at face value.

Rs. 334.20 crore has been disclosed as contingent liabilities

of the company as on 31.03.2007. This case pertains to

BNP which is located in M.P. Notice issued by MP Govt.

has been contested and taken up with appropriate authorities

in Govt. of India and MP Govt. The amount of contingent

liability assisting out of this is less than 3% of the existing

amount. However, any such liabilities would be disclosed

in the accounts of next financial year.

(iv) A quantity of 85554.95 gram of gold is held in safe

custody by RBI on behalf of India Government Mint

Mumbai. This has not been disclosed in Accounts.

(v) The rates of depreciation prescribed in Schedule XIV

of the Companies Act 1956 have not been followed

uniformly by the Company

C. Other Comments

Significant Accounting Policies – Schedule 12

(i) Inventories

The valuation of Rs.5 (Cupro Nickel) denomination minted

coins done at Face Value (i.e.Rs.5) at IGM Hyderabad

and IGM Noida is not in accordance with the Accounting

Policy (v) which states that AS-2 has been followed in

general for valuation of inventories.

Notes on Accounts

(ii) Contingent Liabilities – Rs.334.20 crore

The above is understated by Rs.9 crore due to the non

inclusion of demand of State Government of Madhya

Pradesh towards entry tax.

Sd/- For and on behalf of Board of Directors

(R.M. Johri)Principal Director of Commercial Audit & (Arvind Mayaram)

Ex-Officio Member, Audit Board-IV, New Delhi Chairman and Managing Director

Place: New Delhi Place: New DelhiDated 30-10-07 Dated 31-10-07

12


foxr esa] dksbZ cgr ykxr nLrkost rS;kj ugha fd;k x;k Fkk]rFkkfi] 1 #i, vkSj 2 #i, ds flDdksa dk vuafre fcØh ewY;Øe'k% 1-15 #- vkSj 0-94 #- fuÌkZfjr fd;k x;k] ftlesa fuxedh ykxr 2 #- vkSj 1 #- vkbZ FkhA blls 85 iSls vkSj 06 iSlsdh gkfu mBkuh iM+rhA ljdkj ls vius vfÌdkj esa fy, x,LVkWd dk ewY;kadu djus ds fy, fcØh ewY; ls 10 izfr'kr dhdVkSrh djds ykxr dk fuÌkZj.k djuk mfpr le>k x;k FkkA

blfy, ljdkj ls fy, x, LVkWd dh ykxr ¼fcØh ewY; esa ls10 izfr'kr ykHk dh jkf'k ?kVkdj½ lek;ksftr dh x;h FkhvkSj rnuq:ih lek;kstu Ø; ds izfrQy esa fd;k x;k FkkA

pwafd ;g ekeyk cgqr iqjkuk gS] fjdkMks± dh tkap dh tk jghgSA

daiuh }kjk ewY;gzkl dh nj dk leku :i ls ikyu fd;k tkrkgSA dqN fefJr mi;ksx dh Hkou vkfLr;ksa vkSj cgq&ikfy;ksa esaiz;qDr dh tk jgh e'khujh ij Hkkfjr ewY;gzkl dh nj ijvyx&vyx jk; gSA

tSlk fd Åij mYys[k fd;k gS] 5 #- ds D;wijks fudsy flDdksads LVkWd dk ewY;kadu vafdr ewY; ij fd;k tkrk jgkA

31-03-2007 dh fLFkfr ds vuqlkj 334-20 djksM+ #i, dhjkf'k dks daiuh dh vkdfLed ns;rkvksa ds :i esa fn[kk;k x;kgSA ;g ekeyk e/; izns'k esa vofLFkr cSad uksV izsl ls lacafÌrgSa e/; izns'k ljdkj }kjk tkjh uksfVl dk fojksÌ fd;k x;k gSvkSj bldks Hkkjr ljdkj rFkk e/; izns'k ljdkj ds mi;qDrvfÌdkfj;ksa ds lkFk fy;k x;k gSA vkdfLed ns;rk dh jkf'kekStwnk jkf'k dh 3 izfr'kr ls de gSA rFkkfi] bl izdkj dhns;rkvksa dk mYys[k vxys foÙk o"kZ ds [kkrksa esa fd;k tk,xkA

(iv) Lo.kZ dh 85554-95 xzke dh izek=k dks Hkkjrh; fjtoZcSad }kjk Hkkjr ljdkj Vdlky] eqacbZ dh vksj ls lqjf{krvfHkj{kk esa j[kk tkrk gSA bldk [kkrksa esa dksbZ mYys[k ughafd;k x;k gSA

(v) daiuh us daiuh vfÌfu;e] 1956 dh vuqlwph xiv esafofufnZ"V ewY;gzkl dh njksa dks leku :i ls ugha viuk;k gSA

x- vU; fVIif.k;ka

egRoiw.kZ ys[kkadu uhfr;ka& vuqlwph 12

(i) eky lwph

5 #- ¼D;wijks fudsy½ ewY;oxZ ds fufeZr flDdksa dk ewY;kaduvkbZth,e] gSnjkckn esa vafdr ewY; ¼;kuh 5 #-½ ij fd;k x;kgS vkSj vkbZth,e] uks,Mk us ys[kkadu uhfr (v) dk vuqlj.k ughafd;k gS ftlesa dgk x;k gS fd lkeku lwfp;ksa ds ewY;kadu dsfy, ,,l&2 dk lkekU; :i ls vuqlj[k.k fd;k x;k gSA

[kkrksa ij fVIif.k;ka

(ii) vkdfLed ns;rk,a & 334.20 djksM+ #-

izos'k dj ds lacaÌ esa e/; izns'k ljdkj dh ekax 'kkfey udjus ds dkj.k mijksDr esa

gLrk{kj@& funs'kd eaMy ds fufeÙk vkSj mldh vksj ls

¼vkj ,e tkSgjh½izÌku funs'kd] okf.kfT;d ys[kk ijh{kk vkSj ¼vjfoUn ek;kjke½insu lnL;] ys[kk ijh{kk cksMZ&IV, ubZ fnYyh v/;{k ,oa izcaÌ funs'kd

LFkku% ubZ fnYyh LFkku% ubZ fnYyhrkjh[k% 30-10-07 rkjh[k% 31-10-07

12


AUDITORS’ REPORT

A. We have audited the attached Balance Sheet of Security Printing & Minting Corporation of India Limited as at 31st

March, 2007 and also the Profit & Loss Account for the year ended on that date. These financial statements are

the responsibility of the Company’s Management. Our responsibility is to express an opinion on these financial

statements based on our audit.

B. We conducted our audit in accordance with auditing standards generally accepted in India. Those Standards

require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements

are free of material mis-statement. An audit includes examining, on a test basis, evidence supporting the amounts

and disclosures in the financial statements. An audit also includes assessing the accounting principles used and

significant estimates made by the management, as well as evaluating the overall financial statement presentation.

We believe that our audit provides a reasonable basis for our opinion.

Our report has taken into consideration the audited accounts and Branch Auditors’ Reports of 9 units (Bank Note

Press, Currency Note Press, Security Printing Press, Government Mint and Paper Mills) appointed by the

Comptroller and Auditors’ General of India.

C. As required by the Companies (Auditor’s Report) Order, 2003 as amended by Companies (Auditor’s Report)

(Amendment) Order, 2004 issued by the Central Government of India in terms of sub-section (4A) of section

227 of the Companies Act, 1956 and on the basis of such checks as we considered appropriate and according to

the information and explanation given to us and reports of branch auditors, we enclose in the Annexure a

statement on the matters specified in paragraph 4 and 5 of the said order.

Further to our comments in the Annexure in paragraph ‘C’ above.

D. Attention is invited to the facts stated in the following paragraph.

1. ASSETS & LIABILITIES TAKEN OVER W.E.F. 10TH FEBRUARY, 2006

(a) Regarding effect of finalisation of proforma accounts on amount payable to the government as well as

assets and liabilities of the company (Note No.4 Schedule13)

(b) Regarding title to the various immovable properties taken over by the company (Note No.4 of Schedule13).

2. FIXED ASSETS / DEPRECIATION

(a) Value of fixed assets as per fixed assets register is subject to reconciliation with financial books/proforma

accounts.

(b) Instead of Historical cost of Gross Block to the company, historical cost to the vendor of the business has

been disclosed. Information has been disclosed in the manner as informed by management vide notes to

accounts point no.24. Therefore, information has not been disclosed as per AS-10 “Accounting for Fixed

Assets”.

(c) That accumulated depreciation of the Vendor of the business has been disclosed in these accounts.

3. CURRENT ASSETS, LOANS AND ADVANCES AND CURRENT LIABILITIES

(a) Valuation of Inventories as per AS-2 has been generally followed. (Schedule 12 “Significant Accounting

Policies”)

(b) Encashment of FDR of Rs. 230 crores subsequent to 31.3.2007 for which FDR has been credited on

30.03.07. Similarly unsecured loan from BRBNMPL has been debited by Rs. 236.28 crores on 30.03.07,

however payments by bank have been released/debited after 31.3.2007. (Note No.6 –Schedule 13)

13


ys[kk&ijh{kd fjiksVZ

d- geus Hkkjrh; izfrHkwfr eqæ.k vkSj eqæk&fuekZ.k fuxe fyfeVsM dh 31 ekpZ] 2007 dks lekIr foÙk o"kZ ds layXu rqyu&i=dh vkSj mlh rkjh[k dks lekIr o"kZ ds ykHk&gkfu [kkrs dh Hkh ys[kk&ijh{kk dh gSA bu foÙkh; fooj.kksa dks rS;kj djusdh ftEesnkjh dEiuh ds izcaÌu&ra= dh gksrh gSA gekjh ftEesnkjh] viuh ys[kk&ijh{kk ds vkÌkj ij bu foÙkh; fooj.kksaij jk; O;Dr djuk gSA

[k- geus] Hkkjr esa vkerkSj ij Lohdr ys[kk ijh{kk lacaÌh ekin.Mksa ds vuqlkj ;g ys[kk&ijh{kk dh gSA ftu ekin.Mksa esa ;gvis{kk gS fd D;k bu foÙkh; fooj.kksa esa oLrqr% dksbZ feF;k dFku rks ugha gS blds ckjs esa ge Bksl vk'oklu izkIr djusdh ;kstuk cukrs vkSj ys[kk&ijh{kk djrs gSaA ys[kk ijh{kk esa ijh{k.k ds vkÌkj ij foÙkh; fooj.kksa esa nh xbZ jkf'k;ksa vkSjizdV fd, x, rF;ksa ds leFkZu esa lk{; dh tkap djuk 'kkfey gksrk gSA ys[kk&ijh{kk esa] izcaÌu&ra= }kjk iz;qDr ys[kkadufl)karksa rFkk fd, x, egRoiw.kZ vuqekuksa dk ewY;kadu djus ds lkFk&lkFk lexz foÙkh; fooj.kksa ds izLrqrhdj.k dk vkdyuHkh gksrk gSA gesa fo'okl gS fd gekjh ys[kk&ijh{kk gekjh jk; ds fy, mfpr vkÌkj iznku djrh gSA

gekjh fjiksVZ esa fuxe dh 9 bdkb;ksa ¼cSad uksV izsl] djsalh uksV izsl] izfrHkwfr eqæ.kky;] ljdkj Vdlky vkSj dkxtdkj[kkuk½ ds laijhf{kr ys[kkvksa rFkk Hkkjr ds fu;a=d ,oa egkys[kk ijh{kd }kjk fu;qDr 'kk[kk ys[kk ijh{kdksa dh fjiksVksZadk /;ku j[kk x;k gSA

x- daiuh vfÌfu;e] 1956 dh Ìkjk 227 dh mi&Ìkjk ¼4d½ ds vuqlkj Hkkjr dh dsaæ ljdkj }kjk tkjh daiuh ¼ys[kk ijh{kdfjiksVZ½ ¼la'kksÌu½ vkns'k] 2004 }kjk ;Fkk la'kksfÌr daiuh ¼ys[kk&ijh{kd fjiksVZ½ vkns'k] 2003 dh vis{kkuqlkj rFkk ,slhtkap&iM+rky] tSlh fd geus t:jh le>h gS ds vkÌkj ij gesa nh x;h tkudkjh vkSj Li"Vhdj.k ,oa 'kk[kk ys[kk ijh{kdksadh fjiksVksZa ds vuqlkj ge mDr vkns'k ds iSjkxzkQ 4 vkSj 5 esa fufnZ"V ekeyksa ds lacaÌ esa vuqcaÌ ds :i esa fooj.k layXudj jgs gSaA

gekjh 'ks"k vH;qfDr;ksa ds fy, mi;qZDr iSjk x dk vuqcaÌ ns[ksaA

?k- fuEukafdr vuqPNsnksa esa mfYyf[kr rF;ksa dh vksj /;ku vkd"V fd;k tkrk gS%

1. 10 Qjojh] 2006 ls vfÌx`ghr vkfLr;ka vkSj ns;rk,a

d- ljdkj dks ns; jkf'k vkSj daiuh dh vkfLr;ksa ,oa ns;rkvksa fo"k;d izksQkekZ ys[kkvksa dks vafre :i nsus ds izHkko dslacaÌ esa ¼fVIi.kh la- 4&vuqlwph 13½A

[k- daiuh }kjk vfÌxghr fofoÌ vpy laifÙk;ksa ds gd ds lacaÌ esa

2. vpy vkfLr;ka@ewY;gzkl

d- LFkkoj vkfLr jftLVj ds vuqlkj LFkkoj vkfLr;ksa ds ewY; dk feyku foÙk lacaÌh cfg;ksa@izksQkekZ ys[kkvksa ls fd;ktkuk gSA

[k- daiuh ds ldy CykWd dh ikjaifjd ykxr dh ctk;] dkjksckj ds foØsrk dh nh xbZ ikjaifjd ykxr izdV dh xbZgSA izcaÌu ds }kjk ys[kk fcanq la- 24 dh fVIif.k;ksa }kjk nh xbZ tkudkjh ds vuqlkj tkudkjh dk [kqyklk fd;k x;kgSA vr% bl izdkj ,,l&10 ^LFkkoj vkfLr;ksa dk ys[kkadu* ds vuqlkj tkudkjh dk [kqyklk ugha fd;k x;k gSA

x- bu [kkrksa esa dkjksckj ds foØsrk dk lafpr ewY;gzkl izdV fd;k x;k gSA

3. orZeku vkfLr;ka] _.k vkSj vfxze rFkk orZeku ns;rk,a

d- ,,l&2 ds vuqlkj ekylwfp;ksa ds ewY;kadu dk] lkekU;r;k] ikyu fd;k x;k gSA ¼vuqlwph 12 ^egRoiw.kZ ys[kkaduuhfr;k*½

[k- 230 djksM+ #i, ds ,QMhvkj dk udnhdj.k 31-3-2007 dks fd;k x;k ftlds fy, ,QMhvkj 30-3-2007 dks ØsfMVfd;k tk pqdk FkkA blh izdkj chvkjch,u,eih,y ls fy;k x;k 236-28 djksM+ #i;s dk xSj&tekurh _.k30-03-07 dks daiuh ds ukes p<+k;k x;k ;|fi cSad us Hkqxrku 31-3-2007 ds ckn fd;k ¼fVIi.kh la-6&vuqlwph 13½

13


(c) Balance appearing under the head Sundry Debtors, Sundry Creditors, and Loans and Advances are subject

to confirmation/reconciliation.

(d) Regarding withdrawn coins, company keeps the coins in its stock till it is melted and valuation is done at the

time of sale. (Note No.7 Schedule13.)

(e) There is a dispute regarding sales tax in the case of ISP, Nasik. (Note No.22 Schedule13.)

4. INTER UNIT ACCOUNTS

As stated in Note No.-3 of Schedule 13, the possible effect of reconciliation of Inter Unit/H.O on the income,

expenditure, assets and liabilities could not be ascertained.

5. REVENUE

Revenue includes a sum of Rs. 238.63 crores on account price differential on account of sale for earlier years

and have been shown separately. (Note No.8(a) of Schedule 13)

6. OTHERS

(a) Quantitative details relating to Capacity, Production, Turnover and Stock in respect of SPP, Hyderabad has

not been disclosed. Raw Materials consumed also do not give information regarding percentage and value

of indigenous items.

(b) Quantitative details relating to Capacity Production, Value in respect of Turnover, raw material consumption,

and quantitative details of finished goods of Rs. 125.48 crores have not been given. (IGM Hyderabad).

(c) Amount due to Micro, Small & Medium Units (Note No.9-Schedule 13).

E. We report that:

(a) We have obtained all the information and explanations which to the best of our knowledge and belief were

necessary for the purpose of our audit.

(b) In our opinion proper books of accounts as required by law have been kept by the Company so far as

appears from our examination of those books and proper returns adequate for the purpose of our audit have

been received from the branches not visited by us.

In addition to the matters covered in our report under CARO 2003, it is observed that large amount of prior

period income and expenditure has been reported for the period prior to 10.02.2006 further rate differentials

on account of price revision is also being accounted for. Therefore, there is a need to streamline the costing

method so that effect of same is minimized.

(c) We have received reports on account of branch offices audited by other Auditors and same has been dealt

with by us in our report.

(d) The Balance Sheet, Profit and Loss account and Cash Flow statement dealt with by this report are in

agreement with the books of accounts and with the audited returns from the branches.

(e) In our opinion, the balance sheet, Profit & Loss account and cash flow statement dealt with by this report

comply with the accounting standards referred to in sub-section (3C) of section 211 of the Companies Act,

1956 except for:

Accounting Standard 2 for valuation of inventory have not been followed in some units (Para V of Schedule

12).

Accounting Standard 5 for change in accounting policy in respect of valuation of minted coins, impact of

which on current years profit has not been disclosed (Note No. 15 of Schedule 13).

14


(x) fofoÌ nsunkj] fofoÌ ysunkj vkSj _.k o vfxze 'kh"kZ ds varxZr fn[kk;k x;k 'ks"k] iqf"V@feyku ds v/;Ìhu gSA

(?k) tgka rd okil fy, x, flDdksa dk lacaÌ gS] daiuh bu flDdksa dks rc rd vius LVkWd esa j[krh gS tc rd fd;s xyk fy, u tk,a vkSj fcØh ds le; ewY;kadu u dj fy;k tk,A

(M-) vkbZ,lih] ukfld ds ekeys esa fcØh dj lacaÌh fookn gS ¼uksV la- 22&vuqlwph 13½A

4. var% ;wfuV [kkrs

tSlk fd vuqlwph 13 dh fVIi.kh la- 3 esa mYys[k fd;k x;k gS] var% ;wfuV@eq[;ky; ds feyku dk laHkkfor izHkko vk;]O;;] vkfLr;ksa vkSj ns;rkvksa ij lqfuf'pr ugha fd;k tk ldkA

5. jktLo

jktLo esa] fiNys o"kks± esa dh xbZ fcØh ds vkÌkj ij dherksa esa varj ds vkÌkj ij 238-63 djksM+ #i, dh jkf'k 'kkfeygS vkSj mls vyx ls fn[kk;k x;k gS ¼vuqlwph 13 dh fVIi.kh la- 8 d½

6. vU;

(d) ,lihih] gSnjkckn ds lacaÌ esa {kerk] mRiknu] dkjksckj vkSj LVkWd ls lacafÌr ek=kRed fooj.k izdV ugha fd;k x;kgSA bLrseky fd, x, dPps eky ls Hkh mRikfnr oLrqvksa ds izfr'kr vkSj ewY; ds lacaÌ esa tkudkjh ugha feyrhA

([k) {kerk] mRiknu] dkjksckj ds lacaÌ esa ewY;] dPps eky ds miHkksx dk vkSj 125-48 djksM+ #i, ds rS;kj eky dkek=kRed fooj.k ugha fn;k x;k gS ¼vkbZth,e] gSnjkckn½A

(x) cgqr NksVh] y?kq vkSj e/;e bdkb;ksa ds dkj.k jkf'k ¼fVIi.kh la- 9&vuqlwph 13½

(?k) ge fjiksVZ djrs gSa fd%

(d) geus og lkjh lwpuk vkSj Li"Vhdj.k izkIr dj fy, gSa] tks gekjh tkudkjh vkSj fo'okl ds vuqlkj] gekjhys[kk&ijh{kk ds iz;kstukFkZ vko';d FksA

([k) gekjh jk; esa] daiuh us fofÌ&vuqlkj mi;qDr ys[kk&cfg;ka j[kh gSa] tSlkfd mu cfg;ksa dh tkap ls izrhr gksrk gS vkSjftu 'kk[kkvksa dk geus nkSjk ugha fd;k] muls ys[kk ijh{kk ds mís'; ds fy, i;kZIr mi;qDr foojf.k;ka izkIr gqbZ gSaaA

lh,vkjvks 2003] ds varxZr gekjh fjiksVZ esa 'kkfey ekeyksa ds vfrfjDr] ;g ns[kk x;k gS fd blds vykok] vofÌdh vk; vkSj O;; dh cgqr cM+h jkf'k 10-2-2006 ls igys dh vofÌ ds :i esa n'kkZbZ xbZ gSA blds vykok] ewY;iqujh{k.k ds dkj.k nj&vUrjksa dks Hkh fglkc esa fy;k tk jgk gSA vr% ykxr izfØ;k dks ;qfDr;qDr cukus dh t:jrgS rkfd mDr izHkko U;wure fd;k tk ldsA

(x) 'kk[kk dk;kZy;ksa dh vU; ys[kk&ijh{kdksa }kjk ys[kk&ijhf{kr fjiksVsZa gesa fey xbZ gSa vkSj geus viuh fjiksVZ esa mu ijfopkj fd;k gSA

(?k) bl fjiksVZ esa fopkj fd, x, rqyu&i=] ykHk&gkfu [kkrk rFkk uxn izokg fooj.k] daiuh }kjk j[kh xbZ ys[kk&cfg;ksavkSj 'kk[kkvksa ls izkIr laijhf{kr foojf.k;ksa ls esy [kkrs gSaA

(M-) gekjh jk; esa] bl fjiksVZ esa fopkj fd, x, rqyu&i=] ykHk&gkfu [kkrk rFkk uxn izokg fooj.k] daiuh vfÌfu;e]1956 dh Ìkjk 211 dh mi&Ìkjk ¼3x½ esa mfYyf[kr ekin.Mksa ds vuq:i gSa] dsoy fuEufyf[kr dks NksM+dj&

oLrq lwph ds ewY;kadu ds fy, ys[kk ekud 2 dk dqN bdkb;ksa esa ikyu ugha fd;k x;k gS ¼vuqlwph 12 dk iSjk 5½A

fufeZr flDdksa ds ewY;kadu ds lanHkZ esa ys[kkadu uhfr esa ifjorZu gsrq ys[kkadu ekud 5] orZeku o"kksZa ds ykHk ijftlds izHkko dk [kqyklk ugha fd;k x;k gS ¼vuqlwph 13 dh fVIi.kh la- 15½A

14


Accounting Standard 15 for Employee Benefits: Refer Note No.16 of Schedule 13.

Accounting Standard 28 Impairment of Assets- Assets which may be impaired by use or obsolescence have

not been identified and provided for (Note No. 13 of Schedule 13).

(f) As explained to us all the directors as on 31.03.07 are government nominee Directors. The Department of

Company affairs vide their general circular no 8/2002 dated 22.03.2002 has clarified that government

nominee Directors are exempted from the provisions of sections 274(1) (g) of the Companies Act, 1956.

Monetary effects of our observations 1, 2, 3, 4 & 6 on the value of assets, liabilities, income and expenditure

is not quantifiable. In our Opinion and to the best of our information and according to the explanations given

to us, the said accounts read together with the accounting policies and notes thereon give the information

required by the Companies Act, 1956 in the manner so required and give a true and fair view in conformity

with the accounting principles generally accepted in India.

(1) In the case of Balance Sheet of the state of affairs of the company as at 31st March, 2007, and

(2) In the case of Profit and Loss Account of the Profit for the year ended on that date.

(3) In the case of Cash Flow Statement of the cash flow for the year ended on that date.

For M/s K.M AGGARWAL & CO.

CHARTERED ACCOUNTANT

(C.P MISHRA)

PARTNER

M.NO. 073009

Place: New Delhi

Date: 10.09.2007

15


deZpkfj;ksa ds fgr ykHk ds fy, ys[kkadu ekud 15% vuqlwph 13 dh fVIi.kh la- 16 ns[ksaA

ys[kkadu ekud 28 vkfLr;ksa dh vilkekU;rk] mi vkfLr;ksa dh] tks iz;ksx vFkok vizpyu }kjk vilkekU; gks ldrhgSa] dh igpku ugha dh xbZ vkSj mudk C;kSjk ugha fn;k x;k gS ¼vuqlwph 13 dh fVIi.kh la- 13½A

(p) tSlk fd gesa crk;k x;k gS] 31 ekpZ] 2007 dh fLFkfr ds vuqlkj lHkh funs'kd ljdkj ds ukferh funs'kd gSaA daiuhdk;Z foHkkx us fnukad 22-03-2002 ds vius lkekU; ifji= la- 8@2002 esa ;g Li"V fd;k gS fd ljdkj ds ukferhfuns'kdksa dks daiuh vfÌfu;e] 1956 dh Ìkjk 274 ¼1½¼N½ ds micaÌksa ls NwV feyh gqbZ gSA

vkfLr;ksa ds ewY;kadu] ns;rkvksa] vk;&O;; ij gekjh fVIi.kh 1] 2] 3] 4 vkSj 6 ds eSfVªd izHkko x.kuk ;ksX; ughagSaA gekjh jk; esa] vkSj gekjh tkudkjh rFkk gesa fn, x, Li"Vhdj.k ds vuqlkj] ys[kkadu uhfr;ksa ,oa muls lacafÌrfVIif.k;ksa ds lkFk ifBr mDr ys[kkvksa esa daiuh vfÌfu;e] 1956 }kjk okafNr tkudkjh visf{kr jhfr esa eqgS;k djkbZxbZ gS vkSj os Hkkjr esa vkerkSj ij Lohdr ys[kkadu fl)karksa ds vuq:i lgh vkSj okLrfod fp= izLrqr djrs gSa%

(1) 31 ekpZ] 2007 dh fLFkfr ds vuqlkj] daiuh ds dk;ks± dh fLFkfr ds rqyui= ds ckjs esa((2) daiuh ds mDr rkjh[k dks lekIr o"kZ ds ykHk&gkfu [kkrs ds ekeys esa( vkSj(3) udn izokg ds ekeys esa] ml rkjh[k dks lekIr o"kZ dk udn&izokg fooj.kA

d`rs eSllZ ds ,e vxzoky ,aM daiuhlunh ys[kkdkj

¼lhih feJk½lk>snkj,e-la- 073009

LFkku% ubZ fnYyhfnukad 10-09-2007

15


Annexure to the Auditors' Report

Referred to in Paragraph-C of our report of even datei. (a) The Company has maintained proper records showing full particulars including quantitative details and

situation of fixed assets except at ISP Nashik where there is difference in balance as per proforma

accounts and fixed assets register, IGM NOIDA where situation of fixed asset is not mentioned, IGM

Mumbai fixed asset register needs to be updated and SPM Hoshangabad where proper register has not

been maintained.

(b) The fixed assets have been physically verified by the management during the period except at IGM

NOIDA, ISP NASHIK, CNP NASHIK, SPM Hoshangabad . No material discrepancies were noticed

on such verification. In case of IGM Hyderabad system of physical verification is inadequate and

unscientific.

(c) In our opinion and according to the information and explanations given to us the Company has not

disposed off any substantial part of the fixed assets during the year.

ii. (a) The inventory has been physically verified during the year by the management. In our opinion, the

frequency of verification is reasonable except at ISP Nasik.

(b) The procedures of physical verification of inventories followed by the management are reasonable and

adequate in relation to the size of the Company and the nature of its business except at SPM Hoshangabad

where some deficiencies in the system have been noticed.

(c) On the basis of our examination of the records of inventory, we are of the opinion that the Company

is maintaining proper records of inventory. Discrepancies noticed on verification between the physical

stocks and the books records were not material.

iii. As per information and explanation given to us and audit procedures carried out by us, the Company has

neither granted nor taken any loans to/from companies or other parties to be covered in the register to be

maintained under section 301 of the Companies Act, 1956.

iv. In our opinion and according to the information and explanations given to us, there is adequate internal

control system commensurate with the size of the Company and the nature of its business with regard to

purchases of inventory, fixed assets and with regard to the sale of goods and services. During the course

of our audit, no major weakness has been noticed in the internal control system.

v. (a) Based on the audit procedures applied by us and according to the information and explanations provided

by the management, we are of the opinion that the Company has not entered into any contracts or

arrangements referred to in section 301 of the Companies Act, 1956.

(b) This clause is not applicable in view of point (a) above.

vi. In our opinion and according to the information and explanation given to us, the Company has not accepted

any deposits from the public during the period and hence the directive issued by the Reserve Bank of India

and provisions of Section 58A, 58AA or any other relevant provisions of the Companies Act, 1956 and the

rules framed there under are not applicable.

vii. The Company does not have an internal audit system. However, management has taken the necessary steps

for the appointment of internal auditors.

viii. As informed, the maintenance of cost records has not been prescribed by the Central Government under

Section 209(1)(d) of the Companies Act,1956 for the products manufactured by the Company.

ix. (a) According to the records of the Company and the information and explanations given to us the Company

is regular in depositing with appropriate authorities undisputed statutory dues including Provident

Fund, Employees State Insurance, Income Tax, Sales Tax, Wealth Tax, Service Tax, Custom Duty,

Excise Duty, Cess and other statutory dues applicable to it with appropriate authorities except VAT and

service Tax (ISP Nashik), TDS which have not been deposited regularly (SPM Hoshangabad).

16


ys[kkijh{kd fjiksVZ dk vuqcUÌ

lela[;d rkjh[k dh gekjh fjiksVZ ds iSjkxzkQ x esa mYysf[kr

i. (d) daiuh us ek=k lacaÌh C;kSjs vkSj LFkkoj vkfLr;ksa dh fLFkfr lfgr iwjk foj.k n'kkZrs gq, mfpr fjdkMZ cukdjj[ks gSa flok; vkbZth,e] eqacbZ ds tgka LFkkoj vkfLr;ksa dk jftLVj v|ru fd, tkus dh vko';drk gS vkSj,lih,e gks'kaxkckn us tgka mfpr jftLVj ugha j[kk x;k gS vkSj flok; vkbZ,lih] ukfld ds tgka LFkkojvkfLr;ksa ds jftLVj esa ntZ LFkkoj vkfLr;ksa dk 'ks"k ys[kk cfg;ksa ls esy ugha [kkrk vkSj flok; vkbZth,e uks,Mkds tgka LFkkoj vkfLr;ksa dh fLFkfr dk mYys[k ugha gSA

([k) vkbZth,e uks,Mk] vkbZ,lih ukfld] lh,uih ukfld] ,lih,e gks'kaxkckn ds flok;] bl vofÌ esa izcaÌu }kjkvkfLr;ksa dk okLrfod lR;kiu fd;k x;k gSA bl lR;kiu esa dksbZ fo'ks"k folaxfr;ka ugha ikbZ xbZaA vkbZth,e]gSnjkckn okLrfod lR;kiu dh iz.kkyh vi;kZIr vkSj voSKkfud gSA

(x) gekjh jk; esa] vkSj gesa nh xbZ tkudkjh vkSj Li"Vhdj.kksa ds vuqlkj] o"kZ ds nkSjku daiuh us vpy ifjlaifÙk;ksadk dksbZ cM+k fgLlk ugha cspk gSA

ii. (d) o"kZ ds nkSjku izcaÌu us oLrq&lwph dk okLrfod lR;kiu fd;kA gekjh jk; esa] vkbZ,lih ukfld ds flok;]lR;kiu dh ckjackjrk mfpr gSA

([k) daiuh ds vkdkj vkSj blds dkjksckj ds Lo:i ds lanHkZ esa izcaÌu }kjk oLrq&lwph ds okLrfod lR;kiu dsfy, viukbZ xbZ izfØ;k,a mfpr vkSj i;kZIr gSa] flok; ,lih,e gks'kaxkckn ds] tgka iz.kkyh esa dqN [kkfe;ka ns[kusesa vkbZ gSaA

(x) oLrq&lwph ds fjdkMks± dh gekjh tkap ds vkÌkj ij gekjh ;g jk; gS fd daiuh oLrq&lwph ds mi;qDr fjdkMZj[ks gq, gSA lR;kiu djus ij okLrfod Hk.Mkj vkSj cgh&fjdkMks± ds chp ns[kh xbZ folaxfr;ka dqN [kkl ughaFkhaA

iii. gesa nh xbZ tkudkjh vkSj Li"Vhdj.kksa rFkk gekjs }kjk dh xbZ ys[kk&ijh{kk lacaÌh izfØ;kvksa ds vuqlkj daiuh us daiuhvfÌfu;e] 1956 dh Ìkjk 301 ds rgr j[ks tkus okys jftLVj esa 'kkfey dh tkus okyh daifu;ksa ;k vU; i{kksa dksu dksbZ _.k fn, gSa u muls dksbZ _.k fy, gSaA

iv. gekjh jk; esa vkSj gesa nh xbZ tkudkjh rFkk Li"Vhdj.kksa ds vuqlkj] oLrq&lwph dh [kjhnksa] LFkkoj vkfLr;ksa rFkkoLrq ,oa lsokvksa ds fcØh ds lacaÌ esa daiuh ds vkdkj vkSj blds dkjksckj ds Lo:i ds vuq:i i;kZIr vkarfjdfu;a=.k iz.kkyh gSA gekjh ys[kk ijh{kk ds nkSjku] vkarfjd fu;a=.k iz.kkyh esa dksbZ fo'ks"k detksjh ugha fn[kk;h nhgSA

v. (d) gekjs }kjk iz;qDr ys[kk&ijh{kk izfØ;kvksa ds vkÌkj ij vkSj izcaÌu }kjk gesa nh xbZ tkudkjh ,oa Li"Vhdj.kksads vuqlkj] gekjh ;g jk; gS fd daiuh us daiuh vfÌfu;e] 1956 dh Ìkjk 301 esa mfYyf[kr dksbZ lafonk ;kle>kSrk fu"ikfnr ugha fd;k gSA

([k) mi;qZDr en ¼d½ dks ns[krs gq, ;g [k.M ykxw ugha gksrkA

vi. gekjh jk; esa vkSj gesa nh xbZ tkudkjh vkSj Li"Vhdj.kksa ds vuqlkj daiuh us bl vofÌ esa turk ls dksbZ jkf'k;ka ughaLohdkjh gSa vkSj blfy, Hkkjrh; fjtoZ cSad }kjk tkjh funZs'k rFkk daiuh vfÌfu;e] 1956 dh Ìkjk 58d] 58ddds micaÌ vFkok bl vfÌfu;e ds dksbZ vU; laxr micaÌ vkSj blds rgr cuk, x, fu;e ykxw ugha gksrsA

vii. daiuh dh vkarfjd ys[kk ijh{kk iz.kkyh ugha gSA rFkkfi] izcaÌu us vkarfjd ys[kk ijh{kdksa dh fu;qfDr ds fy,vko';d dne mBk, gSaA

viii. tSlk fd lwfpr fd;k x;k gS] daiuh }kjk fofufeZr mRiknksa ds fy, daiuh vfÌfu;e] 1956 dh Ìkjk 209 ¼1½ ¼?k½ds rgr dsaæ ljdkj }kjk ykxr&fjdkMks± dk j[k&j[kko fuÌkZfjr ugha fd;k x;k gSA

ix. (d) daiuh fjdkMks± rFkk gesa nh xbZ tkudkjh vkSj Li"Vhdj.kksa ds vuqlkj] daiuh vkbZ,lih] ukfld esa] oSV vkSj lsokdj ¼,lih,e gks'kaxkckn½ VhMh,l tks fu;fer :i ls tek ugha fd;k x;k gS dks NksM+dj] fookn&eqDrlkafofÌd ns; jkf'k;ka ftuesa Hkfo"; fufÌ] deZpkjh jkT; chek] vk;dj fcØh dj] laifÙk dj] lsok dj]lhek&'kqYd] mRikn 'kqYd] midj] 'kkfey gSa] vkSj bl ykxw vU; lkafofÌd ns; jkf'k;ksa dks mi;qDr izkfÌdj.kksaesa fu;fer :i ls tek djrh gSaA

16


(b) According to the information and explanations provided to us, no undisputed amount payable in respect

of provident fund, employees state insurance, Income Tax, Wealth Tax, Service Tax, Custom Duty,

Excise Duty and cess were outstanding as at 31.03.2007 for a period of more than six months from

the day they become payable except payment of Sales Tax and Service Tax on transportation and

import of services on account of maintenance contracts (ISP Nashik), Octroi (CNP Nashik) and TCS

(SPM Hoshangabad).

(c) According to the records of the Company and the information and explanations given to us as well as

records of the Company examined by us, the particulars of dues of Sales Tax , Income Tax, Sales Tax,

Wealth Tax, Service Tax, Custom Duty, Excise Duty and Cess as at 31.03.2007 which have not been

deposited on account of dispute are as follows:

Nature of Demand Amount Forum where appeal pendingExcise Duty 823,49,719 Commissioner Custom and Central Excise, BhopalService Tax on transporation 178999 Assistant Commissioner of Central Excise,

Division I, Bhopal

Bombay Sales Tax 514437 Maharastra Sales Tax Tribunal

Central Sales Tax 514533 Maharastra Sales Tax Tribunal

x. The company has no accumulated losses and has not incurred cash losses during the financial year covered

by our audit and the immediately preceding financial year.

xi. Based on our audit procedures and on the basis of information and explanations given by the management,

we are of the opinion that the Company has not defaulted in repayment of dues to the financial institutions

and bank. There are no debentures in the Company.

xii. In our opinion and on the basis of information and explanations given by the management, the Company

has not granted loan or advances on the basis of security by way of pledge of shares, debentures and other

securities.

xiii. In our opinion and on the basis of information and explanations given by the management, the Company are

not a chit fund/nidhi/mutual fund/society to which the provisions of special statute relating to chit fund are

applicable.

xiv. In our opinion the Company is not dealing in or trading in shares/securities, debentures and others investments.

Accordingly, the provision of clause (xiv) of the Companies (Auditors Report) Order, 2003 are not applicable

to the Company.

xv. As explained by the management of the Company, the Company has not given guarantee for loans taken by

others from banks or financial institutions.

xvi. According to information and explanation given to us and records of the Company examined by us the

Company has used the term loan for the purpose it was obtained.

xvii. According to information and explanation given to us and on an overall examination of the Balance Sheet of

the Company, we report that during the year short term funds have not been used for long term investment.

xviii. The Company has not made any preferential allotment of shares during the year.

xix. The Company has not issued any debentures during the year.

xx. The Company has not raised money by way of public issue during the year.

xxi. Based upon the audit procedures performed and information and explanations given by the management,

we report that, no fraud on or by the Company has been noticed or reported during the course of our audit

for the year ended 31st March, 2007.For M/S K.M AGGARWAL & CO.

CHARTERED ACCOUNTANTS

(C.P.MISHRA)Place: New Delhi PARTNERDate : 10.09.2007 M.NO.073009

17


([k) gesa nh xbZ tkudkjh vkSj Li"Vhdj.kksa ds vuqlkj fcØh dj vkSj j[k&j[kko lafonkvksa ds en esa ifjogu vkSjlsokvksa ds vk;kr ij lsokdj ¼vkbZ,lih] ukfld½] pqaxh ¼lh,uih] ukfld½ vkSj Vhlh,l ¼,lih,e gks'kaxkckn½ds Hkqxrku dks NksM+dj 31 ekpZ] 2007 dh fLFkfr ds vuqlkj Hkfo"; fufÌ] deZpkjh jkT; chek] vk;dj] lainkdj] lsok dj] lhek 'kqYd] mRikn 'kqYd vkSj midj ds lacaÌ esa dksbZ Hkh fookn&eqDr jkf'k mUgsa ns; gksus dhfrfFk ls Ng ekg dh vofÌ ls vfÌd cdk;k ugha FkhA

(x) gesa nh xbZ tkudkjh vkSj Li"Vhdj.kksa rFkk gekjs }kjk tkaps x, daiuh ds fjdkMks± ds vuqlkj 31 ekpZ] 2007dh fLFkfr ds vuqlkj fcØh dj] vk;dj] lhek 'kqYd] laink dj] lsok dj] mRikn 'kqYd vkSj midj dh ns;jkf'k;ksa] ftUgsa fookn ds dkj.k tek ugha djk;k x;k] dk C;kSjk fuEukuqlkj gS%

ekax dk Lo:i ns;&jkf'k #- vihy yfEcr gSmRikn 'kqYd 823,49,719 vk;qDr] lhek 'kqYd vkSj dsaæh; mRikn 'kqYd] Hkksikyifjogu ij lsokdj 178999 lgk;d vk;qDr] dsaæh; mRikn 'kqYd] HkksikyeqacbZ fcØh dj 514437 egkjk"Vª fcØh dj vfÌdj.kdsaæh; fcØh dj 514533 egkjk"Vª fcØh dj vfÌdj.k

x. daiuh dh dksbZ lafpr gkfu;ka ugha gSa vkSj gekjh ys[kkijh{kk ea 'kkfey foÙkh; o"kZ vkSj rRdky iwoZorh foÙkh; o"kZesa mls dksbZ udn gkfu;ka ugha gqbZ gSaA

xi. gekjh ys[kk&ijh{kk izfØ;kvksa ds vkÌkj ij vkSj izcaÌu }kjk gesa nh xbZ tkudkjh vkSj Li"Vhdj.k ds vuqlkj gekjh;g jk; gS fd daiuh us foÙkh; laLFkkvksa vkSj cSadksa dks ns; jkf'k;ksa dh vnk;xh esa pwd ugha dh gSA daiuh esa dksbZfMcsapj ugha gSA

xii. gekjh jk; esa vkSj gesa nh xbZ tkudkjh ,oa Li"Vhdj.kksa ds vuqlkj] daiuh us 'ks;j] fMcsapj vkSj vU; izfrHkwfr;ka fxjohj[kdj izfrHkwfr ds vkÌkj ij dksbZ _.k vkSj vfxze ugha iznku fd, gSaA

xiii. gekjh jk; esa vkSj izcaÌu }kjk nh xbZ tkudkjh ,oa Li"Vhdj.kksa ds vuqlkj daiuh fpV Q.M@fufÌ@E;wpqvyQ.M@lkslk;Vh ugha gS] blfy, ml ij fpV Q.M ls lacafÌr fo'ks"k lafofÌ ds micaÌ ykxw ugha gksrs gSaA

xiv. gekjh jk; esa daiuh 'ks;j@izfrHkwfr;ksa] fMcsapjksa vkSj vU; fuos'kksa dk dkjksckj ugha dj jgh gSA rnuqlkj ml ij daiuh¼ys[kk&ijh{kd dh fjiksVZ½ vkns'k] 2003 ds [k.M ¼xiv½ ds micaÌ ykxw ugha gksrsA

xv. daiuh ds izcaÌu }kjk gesa fn, x, Li"Vhdj.k ds vuqlkj] daiuh us vU;ksa }kjk fdlh cSad ;k foÙkh; laLFkk ls fy,x, _.kksa ds lacaÌ esa xkjaVh ugha nh gSA

xvi. gesa nh xbZ tkudkjh vkSj Li"Vhdj.kksa vkSj gekjs }kjk tkaps x, daiuh ds fjdkMks± ds vuqlkj] daiuh us lkofÌ _.kdks mlh iz;kstukFkZ bLrseky fd;k gS ftlds fy,og izkIr fd;k x;k FkkA

xvii. gesa nh xbZ tkudkjh vkSj Li"Vhdj.kksa rFkk daiuh ds rqyu&i= dh lexz tkap ds vuqlkj] ge ;g of.kZr djrs gSa fdo"kZ ds nkSjku vYikofÌd fufÌ;ksa dk iz;ksx] nh?kkZofÌd fuos'k ds fy, ugha fd;k x;k gSA

xviii. daiuh us o"kZ ds nkSjku 'ks;jksa dk dksbZ rjthgh vkoaVu ugha fd;k gSA

xix. daiuh us o"kZ ds nkSjku dksbZ fMcsapj tkjh ugha fd, gSaA

xx. daiuh us o"kZ ds nkSjku lkoZtfud fuxZe ds tfj, iSlk ugha tqVk;k gSA

xxi. dh xbZ ys[kk&ijh{kk izfØ;kvksa rFkk izcaÌu }kjk gesa nh xbZ tkudkjh vkSj Li"Vhdj.kksa ds vkÌkj ij ge ;g of.kZrdjrs gSa fd 31 ekpZ] 2006 dks lekIr o"kZ dh ys[kk&ijh{kk djrs le;] daiuh ij ;k mlds }kjk u rks diV fd;ktkuk ns[kk x;k gS vkSj u gh lwfpr fd;k x;k gSA

d`rs eSllZ ds ,e vxzoky ,aM daiuhlunh ys[kkdkj

¼lhih feJk½LFkku% ubZ fnYyh lk>snkjfnukad 10-09-2007 ,e-la- 073009

17


Security Printing and Minting Corporation of India Limited( Wholly Owned by Govt. of India)

Balance Sheet as at 31st March 2007

As at As at

31st March 2007 31st March 2006

(Rs.) (Rs.)

Particulars Schedule

Sources of FundsShare Capital 1 500,000 500,000Reserve & Surplus 3,007,029,243 323,266,915Unsecured Loan 2 7,119,974,675 11,109,011,769Grants From Ministry of Finance 41,994,800 41,994,800Funds from Govt. of India(adjustable) 29,920,393,150 28,420,930,409Deferred Tax liabilty 77,083,560 127,305,150Total 40,166,975,427 40,023,009,043Applications of FundsFixed Assets 3Gross Block 15,841,680,429 15,632,093,005Less : Accumulated Depreciation 7,753,280,276 6,934,866,388Net Block 8,088,400,153 8,697,226,617Capital Work in Progress 108,181,961 50,869,755Investment 4 6,705,993 -Current Assets, Loans & Advances 5Inventories 10,384,261,590 9,579,452,319Sundry Debtors 12,579,809,120 13,470,367,038Cash and Bank Balances 9,997,965,782 9,901,915,345Loans and Advances & Other Current Assets 2,500,117,373 321,690,041

35,462,153,865 33,273,424,743LessCurrent Liabilities & Provisions 6Current Liabilities 1,607,531,442 1,948,859,431Provisions 1,890,935,102 49,652,641

3,498,466,544 1,998,512,072Net Current Assets 31,963,687,321 31,274,912,671Total 40,166,975,427 40,023,009,043Significant Accounting Policies 12Notes on Accounts 13Schedules 1 to 13 referred to above form an integral part of the Accounts.

As per our report of even date annexed

M/S K M AGGARWAL & CO On Behalf of Security Printing and Minting Corporation of India Limited


C P MISHRA ARVIND MAYARAM MADAN MOHAN

(M. No. 73009) Chairman and Managing Director Director (Finance)

Partner

Dated: 10.09.2007 SHIKHA TALREJA

Place: New Delhi Asstt. Company Secretary

18


Hkkjr izfrHkwfr eqæ.k rFkk eqæk fuekZ.k fuxe fyfeVsM¼Hkkjr ljdkj ds iw.kZ LokfeRokÌhu½

31 ekpZ] 2007 dh fLFkfr ds vuqlkj rqyu&i=

31 ekpZ] 2007 dh 31 ekpZ] 2006 dhfLFkfr ds vuqlkj fLFkfr ds vuqlkj

#i, #i,

fooj.k vuqlwph

fufÌ;ksa dk lzksr'ks;j iwath 1 500,000 500,000izkjf{kr vkSj vfÌ'ks"k 3,007,029,243 323,266,915vizR;kHkwr _.k 2 7,119,974,675 11,109,011,769foÙk ea=ky; ls vuqnku 41,994,800 41,994,800Hkkjr ljdkj ls fufÌ;ka ¼lek;kstuh;½ 29,920,393,150 28,420,930,409vkLFkfxr dj ns;rk 77,083,560 127,305,150tksM+ 40,166,975,427 40,023,009,043fufÌ;ksa dh iz;ksT;rkLFkkoj vkfLr 3ldy Cykd 15,841,680,429 15,632,093,005?kVk,a % lafpr ewY;gzkl 7,753,280,276 6,934,866,388fuoy Cykd 8,088,400,153 8,697,226,617py jgk iwathxr dk;Z 108,181,961 50,869,755fuos'k 4 6,705,993 -orZeku vkfLr] _.k vkSj vfxze 5eky lwph 10,384,261,590 9,579,452,319fofoÌ nsunkj 12,579,809,120 13,470,367,038udnh vkSj cSad jkf'k 'ks"k 9,997,965,782 9,901,915,345_.k vkSj vfxze rFkk vU; orZeku vkfLr 2,500,117,373 321,690,041

35,462,153,865 33,273,424,743?kVk,aorZeku ns;rk,a vkSj izkoÌku 6orZeku ns;rk,a 1,607,531,442 1,948,859,431izkoÌku 1,890,935,102 49,652,641

3,498,466,544 1,998,512,072fuoy orZeku vkfLr;ka 31,963,687,321 31,274,912,671tksM+ 40,166,975,427 40,023,009,043egRoiw.kZ ys[kkadu uhfr;ka 12ys[kk foojf.k;ksa ij fVIif.k;ka 13mi;qZDr vuqlwph 1 ls 13 ys[kk fooj.kksa dkvfHkUu Hkkx gSAgekjh blh rkjh[k dh fjiksVZ ds vuqlkj layXu

eS- ds-,e- vxzoky ,aM daiuh Hkkjr izfrHkwfr eqæ.k rFkk eqæk fuekZ.k fuxe fy- ds fufeÙk vkSj mldh vksj lslunh ys[kkdkj

lh-ih- feJ vjfoUn ek;kjke enu eksgu¼,e ua-& 73009½ v/;{k rFkk izcaÌ funs'kd funs'kd ¼foÙk½lka>snkjrkjh[k% 10-09-2007 f'k[kk ryjstkLFkku% ubZ fnYyh lgk;d daiuh lfpo

18



Profit and Loss Account for the Year ended 31st March 2007

Schedule Amount(Rs.) Amount(Rs.)for the period for the period01.04.2006 to 10.02.2006 to

31.03.2007 31.03.2006Income

Sales 7 14,332,967,040 2,180,588,688

Less : Inter Unit Transfer (1,585,709,470) 12,747,257,570 -

Price Revision of Earlier Years 2,386,261,115 -

Other Income 777,619,056 35039707.16

Total 15,911,137,741 2,215,628,395

Expenditure

Manufacturing Cost 8 6,138,008,753 935,621,662

Employee’s Remuneration and Benefits 9 3,419,450,109 432,079,572

Interest on Loan 10 254,608,225 49,623,355

Depreciation 820,177,348 113,718,703

Indirect Expenses 11 977,032,563 114,313,776

(Increase)/Decrease in Finished Stock (80,499,464) 70,046,621

Total 11,528,777,534 1,715,403,689

Profit Before Extraordinary Items, Prior Period Item & Taxation 4,382,360,207 500,224,706

Prior Period Items/Extra ordinary Items (NET) (149,785,931) -

Profit after Extraordinary Items & Prior Period Item, before Taxation 4,232,574,276 500,224,706

Less : Tax Expense

Provision for Current Tax (1,610,582,949) (49,033,385)

Provision for Deferred Tax 66,726,228 (127,305,150)

Provision for Fringe Benefit Tax (4,955,227) (619,256)

Profit After Taxation 2,683,762,328 323,266,915

Opening Balance of Profit & Loss Account 323,266,915 -

Balances transferred to Balance Sheet 3,007,029,243 323,266,915

Significant Accounting Policies 12

Notes on Accounts 13

Schedules 1 to 13 referred to above form an integral part of the Accounts.

As per our report of even date annexed

M/S K M AGGARWAL & CO On Behalf of Security Printing and Minting Corporation of India Ltd




Partner



19



31 ekpZ] 2007 dks lekIr o"kZ dk ykHk&gkfu ys[kk

vuqlwph 01.04.2006 ls 10.02.2006 ls31.03.2007 rd dh 31.03.2006 rd dh

vofÌ dh jkf'k vofÌ dh jkf'k¼#-½ ¼#-½

vk;fcØh 7 14,332,967,040 2,180,588,688

?kVk,a% varj,dd varj.k (1,585,709,470) 12,747,257,570 -

iwoZorhZ o"kks± dk ewY; la'kksÌu 2,386,261,115 -

vU; vk; 777,619,056 35039707.16

tksM+ 15,911,137,741 2,215,628,395

O;;fofuekZ.k ykxr 8 6,138,008,753 935,621,662

deZpkfj;ksa ds ikfjJfed vkSj ykHk 9 3,419,450,109 432,079,572

_.k ij C;kt 10 254,608,225 49,623,355

voewY;u 820,177,348 113,718,703

vizR;{k [kpsZ 11 977,032,563 114,313,776

rS;kj LVkWd esa ¼of)@deh½ (80,499,464) 70,046,621

tksM+ 11,528,777,534 1,715,403,689

vlkÌkj.k enksa] iwoZ vofÌ en vkSj djkÌku ls iwoZ ykHk 4,382,360,207 500,224,706

iwoZ vofÌ ensa@ (149,785,931) -

vlkÌkj.k ensa ¼fuoy½vklkÌkj.k enksa vkSj iwoZ voÌ en ds ckn ykHk] djkÌku ls igys 4,232,574,276 500,224,706

?kVkb,% dj O;;orZeku dj ds fy, izkoÌku (1,610,582,949) (49,033,385)

vkLFkfxr dj ds fy, izkoÌku 66,726,228 (127,305,150)

lhekar ykHk dj ds fy, izkoÌku (4,955,227) (619,256)

djkÌku ds i'pkr ykHk 2,683,762,328 323,266,915

ykHk@gkfu [kkrs dk izkjafHkd 'ks"k 323,266,915 -

rqyu i= esa 'ks"k varfjr 3,007,029,243 323,266,915

egRoiw.kZ ys[kkadu uhfr;ka 12

ys[kk lacaÌh fVIif.k;ka 13

eS- ds-,e- vxzoky ,aM daiuh Hkkjr izfrHkwfr eqæ.k rFkk eqæk fuekZ.k fuxe fy- ds fufeÙk vkSj mldh vksj lslunh ys[kkdkj

lh-ih- feJ vjfoUn ek;kjke enu eksgu¼,e ua-& 73009½ v/;{k rFkk izcaÌ funs'kd funs'kd ¼foÙk½lka>snkjrkjh[k% 10-09-2007 f'k[kk ryjstkLFkku% ubZ fnYyh lgk;d daiuh lfpo

19



Schedule forming part of Accounts

As at As at31st March 2007 31st March 2006

(Rs.) (Rs.)Schedule 1

SHARE CAPITAL

Authorised 25,000,000,000 25,000,000,000

250 crore equity share of Rs 10 each

Issued, subscribed and paid up

50000 equity share of Rs 10 each fully paid up 500,000 500,000

500,000 500,000

Schedule 2

UNSECURED LOAN

Loan from BRBNMPL 119,974,675 4,109,011,769.00

Loan from Ministry of Finance 7,000,000,000 7,000,000,000.00

7,119,974,675 11,109,011,769.00

Schedule 4

INVESTMENT

UTI MF Liquid Fund 6,705,993 -

(Short Term , Valued at cost)

(6578.078 units @ 1019.4457)

(Market Value as on 31.03.2007 Rs. 67,05,993

Schedule 5

CURRENT ASSETS, LOANS & ADVANCES

Inventories

WIP- Stock 1,507,716,171 1,095,898,814.67

Finished Goods 4,405,708,855 4,392,208,378.91

Raw Material & Store Items 4,291,038,273 4,091,345,125.39

Goods in Transit 179,798,291 -

Sub Total 10,384,261,590 9,579,452,319

Sundry Debtors (Unsecured, considered good) Sub Schedule 1 12,579,809,120 13,470,367,037.85

Cash & Bank Balance Sub Schedule 2 9,997,965,782 9,901,915,345.00

Loans & Advances Sub Schedule 3 1,189,888,213 121,600,823.64

Other Current Assets Sub Schedule 4 1,310,229,160 200,089,217.09

Sub Total 25,077,892,275 23,693,972,424

35,462,153,865 33,273,424,743

20



vuqlwph ys[kkvksa dk fgLlk gS31 ekpZ] 07 dh fLFkfr 31 ekpZ] 07 dh fLFkfr

ds vuqlkj ¼#-½ ds vuqlkj ¼#-½

vuqlwph 1

'ks;j iwathizkfÌd`r 25,000,000,000 25,000,000,000

10 #- izR;sd ds 250djksM+ bfDoVh 'ks;jtkjh] vfHknÙk vkSj iznÙk 10 #- izR;sd 500,000 500,000

ds iw.kZr;k iznÙk 50]000 bfDoVh rd500,000 500,000

vuqlwph 2xSj tekurh _.kchvkjch ,u,eih,y ls _.k 119,974,675 4,109,011,769.00

foÙk ea=ky; ls _.k 7,000,000,000 7,000,000,000.00

7,119,974,675 11,109,011,769

vuqlwph 4fuos'k;wVhvkbZ ,e,Q fyfDoM QaM 6,705,993 -

vYikofÌ] ykxr ij ewY;kadu(6578.078 ;wfuVsa @ 1019.4457)

(31.03.2007 dks cktkj ewY; #- 67,05,993)

vuqlwph 5orZeku vkfLr;ka] _.k vkSj vfxzeeky lwfp;kaMCY;wvkbZih & LVkWd 1,507,716,171 1,095,898,814.67

rS;kj eky 4,405,708,855 4,392,208,378.91

dPpk eky vkSj HkaMkj oLrq,a 4,291,038,273 4,091,345,125.39

jkLrs esa eky 179,798,291 -

mitksM+ 10,384,261,590 9,579,452,319

fofoÌ ns;rk,a ¼izfrHkwfr jfgr le>k tkus okyk eky½ mi vuqlwph 1 12,579,809,120 13,470,367,037.85

udnh vkSj cSad esa tek jkf'k mi vuqlwph 2 9,997,965,782 9,901,915,345.00

_.k rFkk vfxze mi vuqlwph 3 1,189,888,213 121,600,823.64

vU; orZeku ns;rk,a mi vuqlwph 4 1,310,229,160 200,089,217.09

mitksM+ 25,077,892,275 23,693,972,424

tksM+ 35,462,153,865 33,273,424,743

20

Annual Report 2006-07 21

SCH

ED

UL

E 3

FIX

ED

ASS

ET

S

DE

PR

EC

IAT

ION

NE

T B

LO

CK

AD

DIT

ION

Dep

reci

atio

nD

UR

ING

char

ged

PA

RT

ICU

LA

RS

As

on 0

1.04

.200

6T

HE

YE

AR

DE

LE

TIO

NA

s on

31.

03.2

007

As

on 0

1.04

.200

6du

ring

the

year

DE

LE

TIO

NA

s on

31.

03.2

007

As

on 3

1.03

.200

7A

s on

31.

03.2

006

LA

ND

95,9

32,4

47.0

0-

-95

,932

,447

.00

--

--

95,9

32,4

47.0

095

,932

,447

.00

Bui

ldin

gs79

0,36

6,51

5.00

995,

006.

00-

791,

361,

521.

0019

8,34

5,94

3.58

17,8

28,1

59.0

1-

216,

174,

102.

5957

5,18

7,41

8.41

592,

020,

571.

42

Bui

ldin

g (F

acto

ry)

663,

330,

309.

696,

545,

962.

0064

6,38

2.00

669,

229,

889.

6989

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22,4

21,4

36.8

6-

112,

140,

821.

3055

7,08

9,06

8.39

573,

610,

925.

25

Bui

ldin

g (T

owns

hip)

210,

243,

384.

922,

814,

653.

00-

213,

058,

037.

9278

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3,62

0,12

8.48

-81

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131,

411,

507.

2713

2,21

6,98

2.75

Bui

ldin

g (N

on F

acto

ry)

5,55

4,74

5.00

--

5,55

4,74

5.00

95,9

92.0

090

,542

.00

-18

6,53

4.00

5,36

8,21

1.00

5,45

8,75

3.00

Bui

ldin

g-C

ivil

/Ele

c25

,165

,774

.00

--

25,1

65,7

74.0

015

,386

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.00

840,

537.

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16,2

27,2

32.0

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938,

542.

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00

Bui

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g7,

979,

675.

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597,

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0,06

9.00

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727,

449.

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252,

226.

006,

382,

295.

00

Res

iden

tial

Bui

ldin

g33

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--

33,3

95,7

47.0

074

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.00

544,

351.

00-

618,

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0032

,776

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.00

33,3

21,1

78.0

0

Bui

ldin

gs P

lant

16,1

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.00

7,45

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538,

067.

00-

7,99

1,21

1.00

8,11

8,59

0.00

8,65

6,65

7.00

Bui

ldin

gs o

ther

tha

n P

lant

30,6

62,9

93.0

0-

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.00

9,78

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0.00

499,

807.

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10,2

84,9

77.0

020

,378

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.00

20,8

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23.0

0

CO

LO

NY

SE

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336

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--

36,3

86,5

26.0

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0059

3,10

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558,

601.

0032

,827

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33,4

21,0

25.0

0

CIV

IL C

ON

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PWD

150,

274,

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794,

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153,

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0073

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5,15

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3.00

-78

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74,5

41,2

65.0

076

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.00

CIV

IL C

ON

S. W

OR

K C

OL

ON

Y22

1,68

0,05

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4,01

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86,0

96.0

03,

801,

459.

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50,4

87,5

55.0

017

5,20

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174,

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961.

00

EL

EC

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ON

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PWD

(PR

ESS

)13

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9,94

6,57

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EL

EC

TR

ICA

L I

NST

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5,36

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100,

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6012

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EL

EC

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(C

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30,4

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0-

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13,4

12,7

85.0

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588,

085.

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15,0

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4,08

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443,

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00

PLA

NT

& M

AC

HIN

ER

Y10

,108

,976

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.96

149,

382,

850.

8248

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2,64

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5,26

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3,92

9.95

5,73

8,48

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2.92

PLA

NT

& M

AC

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ER

Y (

IMPO

RT

ED

)39

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388,

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474.

002,

363,

068.

00-

390,

523,

542.

0017

,782

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11,1

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0

PLA

NT

& M

AC

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Y (

IND

IGE

NO

US)

85,1

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pute

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Pri

nter

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asur

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Ass

ets

Cos

ting

Les

s th

an R

s. 5

000

8,82

0.00

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-20

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.00

--


vuql

wph&3

vpy v

fLr;

kavoe

wY;u

fuoy

Cykd

fooj

.k01

-04-06

dh

o"kZ ds

foyksiu

31-03-07

dh

01-04-06

dh

o"kZ ds n

kSjku

foyksiu

31-03-07

dh

31-03-07

dh

31-03-06

dh

fLFkf

r ds v

uqlkj

nkSjku lao

)Zu

fLFkf

r ds v

uqlkj

fLFkf

r ds v

uqlkj

Hkkfj

r voe

wY;u

fLFkf

r ds v

uqlkj

fLFkf

r ds v

uqlkj

fLFkf

r ds v

uqlkj

Hkwfe

95

,93

2,4

47

.00

--

95

,93

2,4

47

.00

--

--

95

,93

2,4

47

.00

95

,93

2,4

47

.00

fuekZ.k

79

0,3

66

,51

5.0

09

95

,00

6.0

0-

79

1,3

61

,52

1.0

01

98

,34

5,9

43

.58

17

,82

8,1

59

.01

-2

16

,17

4,1

02

.59

57

5,1

87

,41

8.4

15

92

,02

0,5

71

.42

fuekZ.k ¼

dkj[kkuk½

66

3,3

30

,30

9.6

96,

545,

962.

006

46

,38

2.0

06

69

,22

9,8

89

.69

89

,71

9,3

84

.44

22

,42

1,4

36

.86

-1

12

,14

0,8

21

.30

55

7,0

89

,06

8.3

95

73

,61

0,9

25

.25

fuekZ.k ¼Vkmu

f'ki½

21

0,2

43

,38

4.9

22,

814,

653.

00-

21

3,0

58

,03

7.9

27

8,0

26

,40

2.1

73

,62

0,1

28

.48

-8

1,6

46

,53

0.6

61

31

,41

1,5

07

.27

13

2,2

16

,98

2.7

5

fuekZ.k ¼

xSj&d

kj[kkuk½

5,55

4,74

5.00

--

5,55

4,74

5.00

95

,99

2.0

09

0,5

42

.00

-1

86

,53

4.0

05,

368,

211.

005,

458,

753.

00

fuekZ.k ¼

flfoy@b

ysfD

Vªdy½

25

,16

5,7

74

.00

--

25

,16

5,7

74

.00

15

,38

6,6

95

.00

84

0,5

37

.00

-1

6,2

27

,23

2.0

08

,93

8,5

42

.00

9,7

79

,07

9.0

0

fuekZ.k

7,97

9,67

5.00

--

7,97

9,67

5.00

1,59

7,38

0.00

13

0,0

69

.00

-1

,72

7,44

9.00

6,25

2,22

6.00

6,38

2,29

5.00

vkokl

h; fue

kZ.k

33

,39

5,7

47

.00

--

33

,39

5,7

47

.00

74

,56

9.0

05

44

,35

1.0

0-

61

8,9

20

.00

32

,77

6,8

27

.00

33

,32

1,1

78

.00

fuekZ.k l

a;a=1

6,1

09

,80

1.0

0-

-1

6,1

09

,80

1.0

07

,45

3,1

44

.00

53

8,0

67

.00

-7

,99

1,21

1.00

8,11

8,59

0.00

8,65

6,65

7.00

la;a=

ls br

j fuekZ.k

30

,66

2,9

93

.00

--

30

,66

2,9

93

.00

9,7

85

,17

0.0

04

99

,80

7.0

0-

10

,28

4,9

77

.00

20

,37

8,0

16

.00

20

,87

7,8

23

.00

dky

ksuh lsD

Vj&2

33

6,3

86

,52

6.0

0-

-3

6,3

86

,52

6.0

02

,96

5,5

01

.00

59

3,1

00

.00

-3

,55

8,6

01

.00

32

,82

7,9

25

.00

33

,42

1,0

25

.00

flfoy fue

kZ.k dk;Z &

ds-y

ks-fu-fo-

15

0,2

74

,88

9.0

02,

794,

000.

00-

15

3,0

68

,88

9.0

07

3,3

69

,67

1.0

05

,15

7,9

53

.00

-7

8,5

27

,62

4.0

07

4,5

41

,26

5.0

07

6,9

05

,21

8.0

0

flfoy fue

kZ.k dk;Z d

kyksuh

22

1,6

80

,05

7.0

04,

011,

000.

00-

22

5,6

91

,05

7.0

04

6,6

86

,09

6.0

03

,80

1,4

59

.00

-5

0,4

87

,55

5.0

01

75

,20

3,5

02

.00

17

4,9

93

,96

1.0

0

fo|qr

fue

kZ.k dk;Z d

s-yks-fu-fo- ¼i

zsl½1

38

,27

6,0

08

.00

--

13

8,2

76

,00

8.0

01

29

,94

6,5

79

.00

1,3

51

,60

1.0

0-

13

1,2

98

,18

0.0

06,

977,

828.

008,

329,

429.

00

fo|qr

laLFkki

uk2

55

,36

1,4

08

.00

4,41

1,48

0.00

-2

59

,77

2,8

88

.00

10

0,2

29

,41

9.6

01

2,5

06

,97

0.1

8-

11

2,7

36

,38

9.7

81

47

,03

6,4

98

.22

15

5,1

31

,98

8.4

0

fo|qr

laLFkki

uk l

sDVj

&24,

047,

354.

00-

-4,

047,

354.

002

40

,17

1.0

01

92

,24

9.0

0-

43

2,4

20

.00

3,61

4,93

4.00

3,80

7,18

3.00

fo|qr

flf

oy fue

kZ.k dk;Z&

ds-y

ks-fu-fo-

30

,41

2,2

11

.00

--

30

,41

2,2

11

.00

13

,41

2,7

85

.00

1,5

88

,08

5.0

0-

15

,00

0,8

70

.00

15

,41

1,3

41

.00

16

,99

9,4

26

.00

flfoy fue

kZ.k dk;Z b

ad d

kj[kkuk

2,38

3,62

4.00

--

2,38

3,62

4.00

1,93

9,92

8.0

07

9,6

13

.00

-2

,01

9,54

1.00

36

4,0

83

.00

44

3,6

96

.00

la;a=

vkS e'

khujh

10

,10

8,9

76

,64

3.9

61

49

,38

2,8

50

.82

48

,61

2,2

85

.00

10,2

09,7

47,2

09.7

84,

370,

488,

951.

045

82

,02

5,9

06

.79

9,8

71

,57

8.0

04,

942,

643,

279.

835,

267,

103,

929.

955,

738,

487,

692.

92

la;a=

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38

5,8

21

.00

43

2,2

24

.00

xSjkt

86

,56

1.0

0-

-8

6,5

61

.00

85

,72

5.0

0-

-8

5,7

25

.00

83

6.0

08

36

.00

y?kq v

kStkj

1,28

8,32

4.00

--

1,28

8,32

4.00

1,16

9,42

5.00

93

,61

8.0

0-

1,2

63,

043.

002

5,2

81

.00

11

8,8

99

.00


Mou

ld P

lant

Ass

ets

Bui

ldin

g2,

295,

910.

00-

-2,

295,

910.

001,

977,

855.

0085

,907

.06

-2,

063,

762.

0623

2,14

7.94

318,

055.

00

Plan

t &

Mac

hine

ry22

,679

,082

.20

--

22,6

79,0

82.2

04,

238,

594.

2095

7,44

9.16

- 5

,196

,043

.36

17,4

83,0

38.8

418

,440

,488

.00

Fur

nitu

re23

1,17

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1,74

2,61

9.00

-1,

973,

792.

0417

9,86

3.04

20,9

47.9

0-

200,

810.

941,

772,

981.

1051

,310

.00

Mot

or V

echi

les

40,5

52,5

70.3

12,

800,

984.

00-

43,3

53,5

54.3

131

,521

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.66

3,08

6,13

9.70

-34

,607

,693

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5,86

0.94

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Mot

or L

orri

es-

344,

680.

00-

344,

680.

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-4,

378.

9534

0,30

1.05

-

Veh

icle

& T

rans

port

791,

311.

00-

-79

1,31

1.00

10,2

98.0

075

,175

.00

-85

,473

.00

705,

838.

0078

1,01

3.00

VE

HIC

LE

S11

,874

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.00

--

11,8

74,7

31.0

08,

221,

622.

2179

9,84

4.32

-9,

021,

466.

532,

853,

264.

473,

653,

108.

79

Mot

or T

ruck

s1,

381,

984.

00-

-1,

381,

984.

001,

312,

884.

0069

,100

.00

-1,

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984.

00-

69,1

00.0

0

Car

s &

Jee

p1,

432,

567.

00-

-1,

432,

567.

001,

312,

355.

0012

0,21

2.00

-1,

432,

567.

00-

120,

212.

00

Lif

ting

Tru

cks

1,80

5,96

3.00

--

1,80

5,96

3.00

1,71

1,13

6.00

94,8

27.0

0-

1,80

5,96

3.00

-94

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.00

FUR

NIT

UR

E29

,774

,241

.47

11,9

87,2

18.0

0-

41,7

61,4

59.4

714

,947

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8.91

-20

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21,1

86,5

31.0

914

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.00

Fixt

ure

& O

ffic

e E

quip

men

ts10

1,28

7.00

86,2

81.0

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568.

0056

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-8,

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0017

9,37

8.00

100,

722.

00

Fix

ture

s6,

969,

331.

0020

0,59

6.00

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169,

927.

001,

254,

587.

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005,

490,

881.

005,

714,

744.

00

Off

ice

& P

ress

Fur

nitu

re22

,814

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.00

4,71

3,84

6.00

-27

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.00

11,7

60,7

77.9

61,

486,

321.

03-

13,2

47,0

98.9

914

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.01

11,0

53,2

90.0

4

FUR

NIT

UR

E &

FIX

TU

RE

S1,

829,

938.

001,

692,

954.

00-

3,52

2,89

2.00

1,13

8,92

4.38

197,

223.

07-

1,33

6,14

7.45

2,18

6,74

4.55

691,

013.

62

C C

TV

2,27

6,09

2.00

1,29

4,66

8.00

-3,

570,

760.

002,

089,

730.

0076

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.00

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165,

914.

001,

404,

846.

0018

6,36

2.00

TE

LE

PH

ON

E E

XC

HA

NG

E67

4,62

8.00

--

674,

628.

0062

5,62

3.00

4,65

9.00

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0,28

2.00

44,3

46.0

049

,005

.00

RA

ILW

AY

SID

ING

S4,

682,

817.

00-

-4,

682,

817.

001,

366,

530.

5715

9,99

0.97

-1,

526,

521.

543,

156,

295.

463,

316,

286.

43

INK

FA

CT

OR

Y P

LA

NT

&M

AC

HIN

ER

Y (

IMPO

RT

ED

)30

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.00

--

30,7

64,3

89.0

014

,162

,830

.00

1,82

4,77

5.00

-15

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.00

14,7

76,7

84.0

016

,601

,559

.00

INK

FA

CT

OR

Y P

LA

NT

&M

AC

HIN

ER

Y (

IND

IGE

NO

US)

6,62

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4.00

--

6,62

3,68

4.00

3,80

3,80

3.00

394,

701.

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4.00

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1.00

INK

FA

CT

OR

Y S

CA

LE

S19

6,57

7.00

--

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INK

FA

CT

OR

Y T

OO

LS

(MIS

C.)

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0

INK

FA

CT

OR

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ON

S. W

OR

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PWD

3,82

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MIC

S FR

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RB

I1,

591,

397,

927.

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397,

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TR

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S`68

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--

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28,4

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033

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WA

TE

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LY S

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118,

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Tan

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sset

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TO

TA

L15

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384.

5682

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8.00

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0.03

23

SCH

ED

UL

E 3

FIX

ED

ASS

ET

S

DE

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ION

NE

T B

LO

CK

AD

DIT

ION

Dep

reci

atio

nD

UR

ING

char

ged

PA

RT

ICU

LA

RS

As

on 0

1.04

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6T

HE

YE

AR

DE

LE

TIO

NA

s on

31.

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007

As

on 0

1.04

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6du

ring

the

year

DE

LE

TIO

NA

s on

31.

03.2

007

As

on 3

1.03

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7A

s on

31.

03.2

006


vuql

wph&3

vpy v

fLr;

kavoe

wY;u

fuoy

Cykd

fooj

.k01

-04-06

dh

o"kZ ds

foyksiu

31-03-07

dh

01-04-06

dh

o"kZ ds n

kSjku

foyksiu

31-03-07

dh

31-03-07

dh

31-03-06

dh

fLFkf

r ds v

uqlkj

nkSjku lao

)Zu

fLFkf

r ds v

uqlkj

fLFkf

r ds v

uqlkj

Hkkfj

r voe

wY;u

fLFkf

r ds v

uqlkj

fLFkf

r ds v

uqlkj

fLFkf

r ds v

uqlkj

ekWYM

IykaV v

fLr;

ka

fuekZ.k

2,29

5,91

0.00

--

2,29

5,91

0.00

1,97

7,85

5.00

85

,90

7.0

6-

2,06

3,76

2.06

23

2,1

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.94

31

8,0

55

.00

la;a=

vkSj

e'khu

jh2

2,6

79

,08

2.2

0-

-2

2,6

79

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2.2

04

,23

8,5

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09

57

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9.1

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5,1

96,0

43.3

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8.8

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40

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8.0

0

QuhZpj

23

1,1

73

.04

1,7

42,6

19.0

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3,79

2.04

17

9,8

63

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20

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7.9

0-

20

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1,77

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51

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0.0

0

eksVj

okgu

40

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2,8

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4.0

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31

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3,0

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1,0

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eksVj

ykfj

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44

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0.0

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4,6

80

.00

-4

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8.9

5-

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78

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34

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-

okgu

vkSj

ifjo

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91

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1.0

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91

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1.0

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98

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85

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3.0

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05

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3.0

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okgu

11

,87

4,7

31

.00

--

11

,87

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31

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9,8

44

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532,

853,

264.

473,

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79

eksVj

Vwy

1,38

1,98

4.00

--

1,38

1,98

4.00

1,31

2,88

4.00

69

,10

0.0

0-

1,38

1,98

4.00

-6

9,1

00

.00

dkj v

kSj thi

1,43

2,56

7.00

--

1,43

2,56

7.00

1,31

2,35

5.00

12

0,2

12

.00

-1,

432,

567.

00-

12

0,2

12

.00

fyf¶Vax

Vªd

1,80

5,96

3.00

--

1,80

5,96

3.00

1,71

1,13

6.00

94

,82

7.0

0-

1,80

5,96

3.00

-9

4,8

27

.00

QuhZpj

29

,77

4,2

41

.47

11

,98

7,2

18

.00

-4

1,7

61

,45

9.4

71

4,9

47

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9.4

75

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7,9

08

.91

-2

0,5

74

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8.3

82

1,1

86

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1.0

91

4,8

27

,22

2.0

0

fQDjkpj vkSj

dk;kZy

; mi

Ldj

10

1,2

87

.00

86

,28

1.0

0-

18

7,5

68

.00

56

5.0

07

,62

5.0

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8,1

90

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17

9,3

78

.00

10

0,7

22

.00

fQDlp

lZ6,

969,

331.

002

00

,59

6.0

0-

7,16

9,92

7.00

1,25

4,58

7.00

42

4,4

59

.00

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679,

046.

005,

490,

881.

005,

714,

744.

00

dk;kZy

; vkSj

izsl Q

uhZpj

22

,81

4,0

68

.00

4,7

13

,84

6.0

0-

27

,52

7,9

14

.00

11

,76

0,7

77

.96

1,4

86

,32

1.0

3-

13

,24

7,0

98

.99

14

,28

0,8

15

.01

11

,05

3,2

90

.04

QuhZpj vkSj

fQDlp

lZ1,

829,

938.

001,

692,

954.

00-

3,52

2,89

2.00

1,13

8,9

24.3

81

97

,22

3.0

7-

1,33

6,14

7.45

2,1

86,7

44.5

56

91

,01

3.6

2

lhlh

Vhih

2,27

6,09

2.00

1,29

4,66

8.00

-3,

570,

760.

002,

089,

73

0.0

07

6,1

84

.00

-2,

165,

914.

001

,404

,846

.00

18

6,3

62

.00

nwjHkk"k d

saæ6

74

,62

8.0

0-

-6

74

,62

8.0

06

25

,62

3.0

04

,65

9.0

0-

63

0,2

82

.00

44

,34

6.0

04

9,0

05

.00

jsyos

lkbfMax

4,68

2,81

7.00

--

4,68

2,81

7.00

1,36

6,5

30.5

71

59

,99

0.9

7-

1,52

6,52

1.54

3,15

6,29

5.46

3,31

6,28

6.43

L;kgh dkj[kkuk la;

a= e'

khujh ¼

vk;kfr

r½3

0,7

64

,38

9.0

0-

-3

0,7

64

,38

9.0

01

4,1

62

,83

0.0

01

,82

4,7

75

.00

-1

5,9

87

,60

5.0

01

4,7

76

,78

4.0

01

6,6

01

,55

9.0

0

L;kgh dkj[kkuk la;

a= vkSj

e'khu

jh ¼ns'

kh½6,

623,

684.

00-

-6,

623,

684.

003,

803,

803

.00

39

4,7

01

.00

-4,

198,

504.

002,

425,

180.

002,

819,

881.

00

L;kgh dkj[kkuk Ld

sYl1

96

,57

7.0

0-

-1

96

,57

7.0

01

80

,12

4.0

02

,70

8.0

0-

18

2,8

32

.00

13

,74

5.0

01

6,4

53

.00

L;kgh dkj[kkuk vkSt

kj ¼fofo/k½

10

9,0

18

.00

--

10

9,0

18

.00

51

,83

0.0

04

,85

0.0

0-

56

,68

0.0

05

2,3

38

.00

57

,18

8.0

0

L;kgh dkj[kkuk fuekZ.k d

k;Z d

s-yks-fu-fo-

3,82

8,52

6.00

--

3,82

8,52

6.00

3,82

8,52

6.00

--

3,82

8,52

6.00

--

Hkkjrh;

fjtoZ

cSad l

s fofo/

k1,

591,

397,

927.

00-

-1,

591,

397,

927.

001,

029,

952,

736.

001

18

,08

1,7

26

.00

-1,

148,

034,

462.

004

43

,36

3,4

65

.00

56

1,4

45

,19

1.0

0

Vªstjh o

SUl6

8,9

79

,91

1.0

0-

-6

8,9

79

,91

1.0

03

5,4

34

,17

7.0

05

,11

8,3

07

.00

-4

0,5

52

,48

4.0

02

8,4

27

,42

7.0

03

3,5

45

,73

4.0

0

ty v

kiwfrZ ;

kstuk

11

8,9

00

,00

0.0

0-

-1

18

,90

0,0

00

.00

47

,48

8,3

00

.00

8,8

22

,38

0.0

0-

56

,31

0,6

80

.00

62,

589,

320.

007

1,4

11

,70

0.0

0

xSj&B

ksl v

kfLr;

ka4

4,1

67

,83

9.0

0-

-4

4,1

67

,83

9.0

04

4,1

67

,83

9.0

0-

-4

4,1

67

,83

9.0

0-

-

tksM

+15

,632

,093

,004

.59

263,

678,

191.

7754

,090

,766

.00

15,8

41,6

80,4

30.3

66,

934,

866,

384.

5682

8,26

5,77

4.88

9,8

71,5

78.0

07,

753,

280,

276.

448,

088,

400,

153.

928,

697,

226,

620.

03


Schedule 6

Current Liabilities & provisions

Current Liabilities

Sundry Creditors 336,903,032 389,270,167.70

Outstanding Exp. 355,835,471 234,604,124.72

Other Liabilities 914,792,939 1,324,985,138.44

Sub Total 1,607,531,442 1,948,859,431

Provisions

Provision for Income Tax 1,610,582,949 49,033,385.00

Fringe Benefit 3,145,674 619,256.00

Pensionary Charges 265,803,918 -

Provision for Obsolete & Non Moving Stock 11,402,561 -

Sub Total 1,890,935,102 49,652,641

Schedule 7

Sales

Sale of Bank Notes/Coins 8,099,601,000 1,415,707,029.00

Sale of Currency Paper 448,775,994 39,821,040.00

Sale of NJSP 620,258,774 721,861,745.60

Sale-Ink Factory 417,584 3,198,873.45

Sale Other 3,946,347,743 -

Inter Unit Transfer 1,217,565,945 -

14,332,967,040 2,180,588,688

Schedule 8

Raw Materials Consumed 6,909,164,839

Less : Inter Unit Transfer (1,462,774,829) 5,446,390,010 807,870,076.74

Power & Water 347,302,513 55,637,109.98

Consumpton of Factory Stores 404,395,582 89,906,941.28

Misc Factory Overheads & A/c Plant 549,347,662

Less : Inter Unit Transfer (122,934,641.00) 426,413,021 4,294,936.00

Misc Work Order - 29,074.00

Maitenance of Bldgs-Civil & Electrical 15,450,856 7,612,433.00

Add/Less(-) Work in Progress (468,878,341) (27,664,040.93)

Less: Sale of Scrap (33,064,889) (2,064,868.00)

6,138,008,753 935,621,662

Schedule 9

Employee’s Remuneration and Benefits

Wages & Salaries 3,183,461,366 413,953,294.13

Pensionery Charges 235,988,743 18,126,278.00

3,419,450,109 432,079,572

Schedule 10

Interest Charges

Interest on BRB Loan 83,427,403 49,623,355.00

Interest BRBNMPL Loan 171,134,659 -

other Interest 46,163 -

254,608,225 49,623,355

24

As at 31st As at 31st

March, 2007 March, 2006(Rs.) (Rs.)


vuqlwph 6orZeku ns;rk,a vkSj izkoÌkuorZeku ns;rk,afofoÌ ysunkj 336,903,032 389,270,167.70

cdk;k [kpsZa 355,835,471 234,604,124.72

vU; ns;rk,a 914,792,939 1,324,985,138.44

mitksM+ 1,607,531,442 1,948,859,431

izkoÌkuvk;dj gsrq izkoÌku 1,610,582,949 49,033,385.00

lhekar ykHk 3,145,674 619,256.00

isa'kujh izHkkj 265,803,918 -

viz;qDr vkSj vpy LVkd ds fy, izkoÌku 11,402,561 -

mitksM+ 1,890,935,102 49,652,641

vuqlwph 7fcØhcSad uksV@flDdksa dh fcØh 8,099,601,000 1,415,707,029.00

djsalh dkxtksa dh fcØh 448,775,994 39,821,040.00

,uts,lih dh fcØh 620,258,774 721,861,745.60

fcØh&L;kgh dkj[kkuk 417,584 3,198,873.45

vU; fcØh 3,946,347,743

var% ,dd varj.k 1,217,565,945

mitksM+ 14,332,967,040 2,180,588,688

vuqlwph 8iz;qDr dPpk eky 6,909,164,839

?kVkb;s% var% ,dd varj.k (1,462,774,829) 5,446,390,010 807,870,076.74

fo|qr vkSj ty 347,302,513 55,637,109.98

dkj[kkus HkaMkj dh [kir 404,395,582 89,906,941.28

fofoÌ dkj[kkuk Åijh 'kh"kZ vkSj ,@lh IykaV 549,347,662

?kVkb;s% var% ,dd varj.k (122,934,641.00) 426,413,021 4,294,936.00

fofoÌ dk;kZns'k - 29,074.00

Hkouksa dk j[kj[kko&flfoy vkSj bysfDVªdy 15,450,856 7,612,433.00

tksM+s@?kVk,a ¼&½ py jgk dk;Z (468,878,341) (27,664,040.93)

?kVk,a% jíh dh fcØh (33,064,889) (2,064,868.00)

6,138,008,753 935,621,662

vuqlwph 9dkfeZdksa dk ikfjJfed vkSj ykHketnwjh vkSj osru 3,183,461,366 413,953,294.13

isa'ku lacaÌh izHkkj 235,988,743 18,126,278.00

3,419,450,109 432,079,572

vuqlwph 10

C;kt izHkkjchvkjch _.k ij C;kt 83,427,403 49,623,355.00

chvkjch,u,eih,y _.k ij C;kt 171,134,659 -

vU; C;kt 46,163 -

254,608,225 49,623,355

24


¼#-½ ¼#-½


Schedule 11

Indirect Expenses

Administration & Indirect Overhead Expenses 37,999 5,473,388.00

Advertisement Expenses 7,034,236 1,406,275.00

Arbitration Expenses 959,433 -

Auditors’ Remuneration 1,085,080 133,260.00

Auction Commission 231,505 73,467.00

Commission 61,586 -

Bank Charges 3,966,568 312,695.00

Banking Cash Transaction tax 205,325 -

Books & periodicals 814,072 24,112.00

Computer Software 72,196 -

Car Hire Charges 135,263 2,916.00

Canteen Expenses 7,087,365 1,083,269.00

Celebrate Expenses 129,248

Consultancy Expenses 57,086

Cleaning & sanitation 87,279

Computer Expenses 233,786

Conveyance Exp 9,903,416 11,544.00

Casual Wages 153,989 2,523.00

CISF Charges 86,561,728 18,508,869.00

Development Charges 5,000

Dispensary Expenses 7,678,941

Hospitality & Entertainment 6,745 1,755.00

Electricity Expenses Office 12,875,822 441,835.00

Estate Mainteance 10,476,691

Expenses-Safety 3,000 10,361.00

Estate Maintenance 20,214 208,368.00

Escort Charges 15,724

Expenses for Mechanical section 13,173

Factory Consumables 22,848

Filling Fees 900

Fuel & lubricants 52,531

Frienge Benefit Tax 418,357

Foreign Exchange Loss 135,831

Freight & Transport 6,742,174 2,343,246.00

Insurance Charges 1,305,350

Gifts & Complimentary 46,697

Grants in Aid Expenses 831,894 56,550.00

Guest House Expenses 1,410,748 20,437.00

Horticulture Expenses-CPWD 8,966,879 1,000.00

FBT paid -

Hiring of Staff Expenses 87,856

25




vuqlwph 11

vizR;{k [kpsZiz'kklu vkSj vizR;{k mifj'kh"kZ [kpsZ 37,999 5,473,388.00

foKkiu [kpsZ 7,034,236 1,406,275.00

iapkV O;; 959,433 -

ys[kk ijh{kdksa dk ikfjJfed 1,085,080 133,260.00

uhykeh dk deh'ku 231,505 73,467.00

deh'ku 61,586 -

cSad izHkkj 3,966,568 312,695.00

cSafdax udn varj.k dj 205,325 -

iqLrds vkSj if=dk,a 814,072 24,112.00

daI;wVj lk¶Vos;j 72,196 -

dkj fdjk;k 'kqYd 135,263 2,916.00

dSaVhu [kpZ 7,087,365 1,083,269.00

lekjksg O;; 129,248

ijke'kZu O;; 57,086

lkQ&lQkbZ ,oa lsfuVs'ku 87,279

daI;wVj O;; 233,786

okgu O;; 9,903,416 11,544.00

vkdfLed etnwjh 153,989 2,523.00

lhvkbZ,l,Q izHkkj 86,561,728 18,508,869.00

fodkl 'kqYd 5,000

vkS"kÌk;y O;; 7,678,941

vkfrF; vkSj euksjatu 6,745 1,755.00

fo|qr O;; ¼dk;kZy;½ 12,875,822 441,835.00

laink j[kj[kko 10,476,691

lqj{kk O;; 3,000 10,361.00

laink j[kj[kko 20,214 208,368.00

,LdkVZ izHkkj 15,724

eSdsfudy vuqHkkx O;; 13,173

dkj[kkuk [kir ;ksX; 22,848

HkjkbZ 'kqYd 900

b±Ìu ,oa yqczhdsUV~l 52,531

lhekar ykHk dj 418,357

fons'kh eqæk fofue; gkfu 135,831

ekyHkkM+k ,oa ifjogu 6,742,174 2,343,246.00

chek izHkkj 1,305,350

migkj 46,697

vuqnku lgk;rk O;; 831,894 56,550.00

vfrfFk xg O;; 1,410,748 20,437.00

ckxokuh O;;&lhihMCY;wMh 8,966,879 1,000.00

,QchVh Hkqxrku -

LVkQ fdjk, ij ysus ds fy, O;; 87,856

25


¼#-½ ¼#-½


Int on TDS & FBT 42,488

Fees & Honararium 666,370

Hospitality & entertainment 784,101

Legal Expenses, Fees & Honorarium 1,924,283 61,204.00

Law Charges 1,184,957

Liveries Expenses - 14,322.00

Lodgimg & Boarding Charges 502,782

Factory Liecence Fees 14,960

Liecence Fees 175,950

Maint. Of Dispensary & Medical Charges 1,809,027 1,566,459.00

Medical Expenses 2,607,609 1,394,768.00

Maintenance Civil Section 20,826,000 368,379.00

Maintenance Computers 1,333,328 6,197.00

Maintenance Electrical CPWD 6,303,000

Repair & Maintainence - Horticulture 1,680,374

Maintenance Electrical 13,195,592 -

Maintenance Fire Wing - -

Maintenance of Plant & Machinery - 13,493.00

Repair & Maintainence - Motor Car 227,314

Repair & Maintainence - Building 5,646,459

Repair & Maintainence -other than factory Building 5,345,017

Maintenance of AC 34,401

Maintenance of Furniture 58,568

Maintenance Office 165,580

Maintenance Office Equipments 1,990,090 809,674.00

Maintenance Furniture 66,296

Repair & Maintainence - Work orders 1,420,332

Maintenance Others 13,016,781

Meeting Expenses 61,207

Misc.Petty Expenses 211,924

Misc. Expenses 3,686,102 610,810.00

Misc. Items 120,112

Office Expenses 1,573,764 146,410.00

Out of Pocket Exp 3,600

other General exp 322,773

Packing & Forwading Expenses 12,053

Postage & Telegrams 3,494,782 570,073.00

Photography 2,656

Printing & Stationery Expenses 5,189,071 392,585.10

Professional & Special Services 4,403,517 349,081.00

Polution Fees & Charges 53,791

Pest Control 98,583

Munuicipal Ser.Chr./ Rent, Rate,& Taxes 1,237,135

26




VhMh,l vkSj ,QchVh ij C;kt 42,488

'kqYd vkSj ekuns; 666,370

vkfrF; vkSj euksjatu 784,101

foÌk;h O;;] 'kqYd vkSj ekuns; 1,924,283 61,204.00

dkuwuh izHkkj 1,184,957

onhZ O;; - 14,322.00

vkokl vkSj Hkkstu izHkkj 502,782

dkj[kkuk ykblsal 'kqYd 14,960

ykblsal 'kqYd 175,950

vkS"kÌky; j[kj[kko vkSj fpfdRlk izHkkj 1,809,027 1,566,459.00

fpfdRlk O;; 2,607,609 1,394,768.00

flfoy vuqHkkx j[kj[kko 20,826,000 368,379.00

daI;wVj j[kj[kko 1,333,328 6,197.00

fo|qr j[kj[kko & lhihMCY;wMh 6,303,000

ckxokuh&ejEer vkSj j[kj[kko 1,680,374

fo|qr j[kj[kko 13,195,592 -

Qk;j foax j[kj[kko - -

la;a= vkSj e'khujh j[kj[kko - 13,493.00

eksVj dkj&ejEer vkSj j[kj[kko 227,314

Hkou&ejEer vkSj j[kj[kko 5,646,459

dkj[kkuk Hkou dks NksM+dj vU; dh ejEer vkSj j[kj[kko 5,345,017

,-lh- dk j[kj[kko 34,401

QuhZpj dk j[kj[kko 58,568

dk;kZy; j[kj[kko 165,580

dk;kZy; midj.k j[kj[kko 1,990,090 809,674.00

QuhZpj j[kj[kko 66,296

fuekZ.k dk;ks± dh ejEer vkSj j[kj[kko 1,420,332

vU; j[kj[kko 13,016,781

cSBd O;; 61,207

fofoÌ NksVs&eksVs [kpsZ 211,924

fofoÌ O;; 3,686,102 610,810.00

fofoÌ ens 120,112

dk;kZy; O;; 1,573,764 146,410.00

tsc ls ckgj ds [kpsZ 3,600

vU; lkekU; [kpsZ 322,773

iSafdax vkSj izs"k.k O;; 12,053

Mkd vkSj rkj O;; 3,494,782 570,073.00

QksVksxzkQh 2,656

eqæ.k vkSj LVs'kujh O;; 5,189,071 392,585.10

O;kolkf;d vkSj fo'ks"k lsok,a 4,403,517 349,081.00

iznw"k.k 'kqYd vkSj izHkkj 53,791

dhV fu;a=.k 98,583

E;qfufliy lsok izHkkj] fdjk;k] nj vkSj dj 1,237,135

26


¼#-½ ¼#-½


Rent Rates & Taxes 10,375,641

Road Tax 346,965

Rates & Taxes 6,354,329 7,732.00

Rent 1,756,456 1,899,050.00

Repair & Maintenance 6,704,920

Repair & Maintenance & other Misc Expen. 1,517,227 17,398,999.00

Maintanance of Railway Siding/Wagon/Clerkage/Rent 3,276,088

Petrol ,Oil & lubricant 244,626

Running & Maintenance of Vehicle 5,079,155 131,570.00

Subscription Fees 65,416 1,200.00

Service Charges 729,877

Software Expenses 51,470

Service Tax Paid 12,103,921 26,450.00

Stamping Fees & Incidental Expenses 10,525

Security Charges 201,521,615 20,284,690.00

Staff Welfare 4,257 4,997.00

Tender Fees 2,584

Maharashtra Labour Welfare Fund 231,876 132,012.00

Telephones & Telex 4,783,391 481,998.50

Tender form purchase 1,250

Seminar & Training Expenses 2,398,680

Travelling Expenses 13,935,116 2,919,584.00

Travelling Expenses Foreign 6,523,315

Safety & Environment Exp 3,936,422

Tution Charges 29,310 480.00

Transportation Charges 259,298

Uniform & Liveries 3,268,605 -

Washing Expense 9,118

Web Site Charges 11,150

Water & Electricity Charges 749,394 28,228.00

Vat paid on expenses 199,744

Vehilce Running & Maintenance 3,455,747 62,034.00

Provision for Bad Debts 358,047,326

Provision for Obsolete & Non Moving Stock 11,402,561

Packaging of Notes 12,105,539 787,945.00

Maintenance of Treasury Vans 9,140,056 1,383,793.00

Maintenance of Railway Sidings 977,994 379,045.00

Freight outwards 14,380,116

Railway Sidings 7,171,745

Travelling Expenses (RBI) 990,008

Sales Tax 1,421,506

Commission on scrap sales 30,960

Total 977,032,563 82,349,133

27




fdjk;k njsa vkSj dj 10,375,641

iFk&dj 346,965

nj vkSj dj 6,354,329 7,732.00

fdjk;k 1,756,456 1,899,050.00

ejEer vkSj j[kj[kko 6,704,920

ejEer vkSj j[kj[kko vkSj vU; fofoÌ O;; 1,517,227 17,398,999.00

jsyos lkbfMax@osxu@fyfidh; izHkkj@fdjk;k dk j[kj[kko 3,276,088

isVªksy] rsy vkSj yqfczdsUV~l 244,626

okguksa dk pkyu vkSj j[kj[kko 5,079,155 131,570.00

vfHknku 'kqYd 65,416 1,200.00

lsok izHkkj 729,877

lk¶Vos;j O;; 51,470

lsokdj Hkqxrku 12,103,921 26,450.00

eqækadu 'kqYd vkSj vkdfLed O;; 10,525

izfrHkwfr izHkkj 201,521,615 20,284,690.00

deZpkjh dY;k.k 4,257 4,997.00

fufonk 'kqYd 2,584

egkjk"Vª Je dY;k.k dks"k 231,876 132,012.00

VsyhQksu o VsySDl 4,783,391 481,998.50

fufonk izi= Ø; 1,250

laxks"Bh vkSj izf'k{k.k O;; 2,398,680

;k=k O;; 13,935,116 2,919,584.00

fons'k ;k=k O;; 6,523,315

lqj{kk vkSj i;kZoj.k O;; 3,936,422

V~;w'ku izHkkj 29,310 480.00

ifjogu izHkkj 259,298

onhZ 3,268,605 -

ÌqykbZ O;; 9,118

osclkbV izHkkj 11,150

ty vkSj fo|qr izHkkj 749,394 28,228.00

[kpks± ij oSV dk Hkqxrku 199,744

okgu pkyu vkSj j[kj[kko 3,455,747 62,034.00

v'kks/; _.k ds fy, izkoÌku 358,047,326

viz;qDr vkSj vpy LVkd ds fy, izkoÌku 11,402,561

uksVksa dh iSafdax izHkkj 12,105,539 787,945.00

jktdks"k oSu dk j[kj[kko 9,140,056 1,383,793.00

jsyos lkbfMax dk j[kj[kko 977,994 379,045.00

ckgjh eky HkkM+k 14,380,116

jsyos lkbfMax 7,171,745

;k=k O;; ¼vkjchvkbZ½ 990,008

fcØh dj 1,421,506

jíh dh fcØh ij deh'ku 30,960

tksM+ 977,032,563 82,349,133

27


¼#-½ ¼#-½


Sub Schedule 1

Sundry Debtors

(Secured Considered Good)

Debts outstanding for a period exceeding six months 1,952,791,400

other debts 10,627,017,720

Total 12,579,809,120

Sub Schedule 2

Cash & Bank Balance

Balance with schedule Bank in current account 1,259,369,259

FDR with Bank 8,720,000,000

Cash in Hand 17,738,468

Cheques in Hand 563,280

Postage in Hand 294,775

Total 9,997,965,782

Sub Schedule 3

Loans & Advances

Advance recoverable in cash or kind 5,021,027

Advance to Employees 24,298,026

Advance To Suppliers 1,160,569,160

Total 1,189,888,213

Sub Schedule 4

Other Current assets

Deposit 22,719,789

Security Deposit 3,758,258

Cenvat Credit\Balance in PLA account 605,017

Prepaid\Advance Expenses 9,793,263

Interest Receiveable 274,482,076

Advance\Refundable with sales Tax Department 2,292,754

Advance Tax & TDS 990,466,493

Others 6,111,510

Total 1,310,229,160

28


mi vuqlwph 1fofoÌ nsunkj(izR;kHkwr le>k tkuk okyk eky)

6 eghus ls vfÌd vofÌ ds fy, cdk;k _.k 1,952,791,400

vU; _.k 10,627,017,720

tksM+ 12,579,809,120

mi vuqlwph 2udn vkSj cSad 'ks"kpkyw [kkrksa esa vuqlwfpr cSad esa cdk;k 1,259,369,259

cSad ds lkFk ,QMhvkj 8,720,000,000

nLrh udn 17,738,468

nLrh pSd 563,280

nLrh Mkd O;; 294,775

tksM+ 9,997,965,782

mi vuqlwph 3_.k vkSj vfxzeudn vFkok vU; :i esa izkIr olwyh ;ksX; vfxze 5,021,027

deZpkfj;ksa dks vfxze 24,298,026

vkiwfrZdrkZvksa dks vfxze 1,160,569,160

tksM+ 1,189,888,213

mi vuqlwph 4vU; pkyw ifjlaifÙk;katek 22,719,789

izfrHkwfr tek 3,758,258

duosV ØsfMV@ih,y, [kkrs esa cdk;k 605,017

iwoZ Hkqxrku@vfxze O;; 9,793,263

vtZu ;ksX; C;kt 274,482,076

fcØh dj foHkkx ds lkFk vfxze dh okilh 2,292,754

vfxze dj vkSj VhMh,l 990,466,493

vU; 6,111,510

tksM+ 1,310,229,160

28


Schedule 12

NOTES FORMING PART OF ACCOUNTS FOR THE PERIOD ENDING ON 31ST MARCH, 2007

SIGNIFICANT ACCOUNTING POLICIES

(i) Method of Accounting:

The Financial Statements are prepared under the historical cost convention on accrual basis and in accordance

with the applicable Accounting Standards and the provisions of the Companies Act, 1956.

(ii) Revenue Recognition:

Items of income and expenditure are recognized on accrual and prudent basis.

(iii) Depreciation:

Depreciation on fixed assets is provided on Straight Line Method at the rates prescribed in Schedule XIV of the

Companies Act, 1956, on pro-rata basis.

(iv) Fixed Assets:

Fixed Assets are stated at cost less Depreciation/Amortization.

(v) Inventories:

Inventories are valued at cost or net realizable value whichever is lower. Cost is ascertained on FIFO basis.

Accounting Standards 2 – Valuation of Inventories has been followed in general. SPM, Hoshangabad, SPP,

Hyderabad, CNP, Nashik Road, ISP, Nashik Road have been following different methods of valuation in the past,

they have continued the same practice. Details of the Units alongwith method of valuation followed are as under:

IGM, Kolkata :-

(a) Inventories of stores and spare parts are valued at or below cost after providing for cost of obsolescence

and other anticipated losses wherever considered necessary.

(b) Inventories of item other than those stated above in (a) are valued at cost or net realizable value whichever

is lower. Cost is generally determined on weighted average cost basis and wherever required appropriate

overheads are taken into account. Net realizable value is the estimated selling price in the ordinary course of

business less the estimated cost of completion and the estimated cost necessary to make the sale.

(c) Materials & other supplies held for use in the production of Inventories are not written down below cost as

the finished product in they will be incorporated are expected to be sold at or above cost.

IGM, Hyderabad :-

(a) Consumables & spares -At cost, ascertained on FIFO method.

(b) Raw Materials & Coins blanks –At cost ascertained on FIFO method.

(c) Finished Goods (Minted Coins)- At cost or Net Realisable Value whichever is lower.

(d) Scrap & By Products Value Recognised only on sale.

Inventory is being valued at cost or Net realizable value whichever is lower & value of inventory taken over

as on 09/02/2006 is treated as cost. The Finished FSS coins of Rs. 1 & Rs. 2 as on 31/03/2006 are valued

at Rs.0.40 & Rs.0.45 respectively at their material cost. However as on 31/03/2007 the HO has fixed the

sale price of Rs. 1 & Rs. 2 FSS coins at Rs.0.94 & Rs 1.15 (at cost + 10% Profit on Cost) respectively.

Accordingly the FSS Rs 1 & Rs 2 coins are valued at cost arrived at by reducing profit from Selling Price.

29


vuqlwph 12

31 ekpZ] 2007 dks lekIr vofÌ ds fy, ys[kk&fooj.kksa dk fgLlk cuus okyh fVIif.k;ka

egRoiw.kZ ys[kkadu uhfr;ka

(i) ys[kkadu dk rjhdk

foÙkh; fooj.k mip; vkÌkj ij ijaijkxr ykxr vfHkle; ds varxZr vkSj daiuh vfÌfu;e 1956 ds vuqiz;ksT; ys[kkaduekudksa vkSj izkoÌkuksa ds vuqlkj rS;kj fd, tkrs gSaA

(ii) jktLo dh igpku

vk; vkSj O;; dh enksa dh igpku mip; vkSj foosd'khy vkÌkj ij dh tkrh gSA

(iii) ewY;gzkl

LFkkoj vkfLr;ksa ij ewY;gzkl dk izkoÌku daiuh vfÌfu;e] 1956 dh pkSngoha vuqlwph esa fuÌkZfjr njksa ij LVªsV ykbu rjhdsls ;Fkkuqikr vkÌkj ij fd;k tkrk gSA

(iv) LFkkoj vkfLr;ksa

LFkkoj vkfLr;ksa dk fooj.k ewY;gzkl@ifj'kksÌu dks ?kVkdj fn;k tkrk gSA

(v) eky lwfp;ka

ekylwfp;ksa dk ewY;] ykxr ;k fuoy udnhdj.k ewY;] tks Hkh de gks] ds vkÌkj ij yxk;k tkrk gSA ykxr dk fu'p;,QvkbZ,Qvks vkÌkj ij fd;k tkrk gSA vkerkSj ij ys[kkadu ekud 2 ekylwfp;ksa ds ewY; fuÌkZj.k dk ikyu fd;k x;kgS ,lih,e] gks'kaxkckn] ,lihih] gSnjkckn] lh,uih] ukfld jksM+] vkbZ,lih] ukfld jksM+ vrhr esa ewY; fuÌkZj.k dsvyx&vyx rjhdksa dk ikyu djrh jgh gSa] os vc Hkh ogha i)fr;ka viuk jgh gSaA ewY;fuÌkZj.k dh i)fr;ksa ds lkFkbdkb;ksa dk fooj.k uhps fn;k x;k gS%

vkbZth,e] dksydkrk

(d) eky vkSj iqtks± dh lwfp;ksa dk ewY; fuÌkZj.k vizpyu dh ykxr vkSj vU; izR;kf'kr gkfu;ksa dks] tgka vko';d gks]ogka r; djus ds ckn ykxr ij ;k ykxr ls de ij fd;k tkrk gSA

([k) mi;qZDr ¼d½ esa mYysf[kr enksa ds vfrfjDr vU; enksa dh eky lwfp;ksa dk ewY;fuÌkZj.k ykxr ij ;k fuoyudnhdj.k ewY; ij] tks Hkh de gks] fd;k tkrk gSA lkekU;r;k ykxr dk fu'p; Hkkfjr vkSlr ykxr ds vkÌkjij fd;k tkrk gS vkSj tgka dgha vko';d gks] ogka mifjizHkkj Hkh /;ku esa j[ks tkrs gSaA fuoy udnhdj.k ewY; fuÌkZj.kds fy, O;olk; ds lkÌkj.k <jsZ esa vuqekfur fcØh ewY; ls dk;Z lekiu dh vuqekfur ykxr vkSj fcØh fd, tkusds fy, vko';d vuqekfur ykxr ?kVkbZ tkrh gSA

(x) eky ds mRiknu esa iz;ksx ds fy, Ìkfjr lkefxz;ksa vkSj vU; vkiwfrZ;ksa dks de djds ugha fy[kk tkrk gS D;ksafd mDrrS;kj inkFkksZa ftlesa mUgsa lekfo"V fd;k tk,xk] ds ykxr ;k mlls vfÌd ij csps tkus dh vk'kk gSA

vkbZth,e] gSnjkckn

(d) miHkksT; vkSj iqtsZ& ykxr ij ,QvkbZ,Qvks i)fr ls fuf'prA

([k) dPpk eky vkSj flDdk CySaDl& ,QvkbZ,Qvks i)fr ls ykxr ij fuf'prA

(x) rS;kj oLrq,a ¼eqækafdr flDds½ & ykxr vFkok fuoy udnhdj.k ewY; ij tks Hkh de gksA

(?k) vof'k"V lkexzh vkSj mi&mRikn&ewY; dsoy fcØh ij ekU;

ekylwph dk ewY; fuÌkZj.k ykxr vFkok fuoy udnh;ksX; ewY;] tks Hkh de gks] ij fd;k tk jgk gS vkSj 9-2-2006dks vfÌxzghr eky lwph ds ewY; dks ykxr ds :i esa ekuk tkrk gSA 31-3-2006 dh fLFkfr ds vuqlkj 1 #i, vkSj2 #i, ds rS;kj 'kqnk ,Q,l,l flDdksa dk ewY;kadu mudh lkexzh ykxr ij Øe'k% 0-040 #i, vkSj 0-45 #i,ij fd;k tkrk gS rFkkfi 31-3-2007 dks eq[;ky; esa 1 #i, vkSj 2 #i, ds ,Q,l,l flDdksa dk fcØh ewY; Øe'k%0-94 #i, vkSj 1-15 #i, ¼ykxr$ykxr ij 10 izfr'kr ykHk½ r; fd;k gSA rnuqlkj 1 #i, vkSj 2 #i, ds ,Q,l,lflDdksa dk ewY; fuÌkZj.k fcØh ewY; ls ykHk dks ?kVk dj fudkys x, ykxr ij fd;k tkrk gSA

29


Withdrawn coins received during the year are not given any values in the absence of Policy decision in this

regard. However, in the previous year they are valued at Material cost.

Value of scrap as on 31.03.2007 as per the policy is taken as Nil and the value of the same as per AS 2 will be Rs.

78,81,169.

SPM, Hoshangabad :-

(a) All the inventory records at SPM has been maintained quantity wise but no updation of value has been

carried out. The inventory valuation has been done on approximate basis (based on past two years trend)

except the inventory items which are purchased during the period which are valued at their actual cost.

(b) Except the approximation of inventory as explained above, the accounting policies followed for other inven-

tories are stated as under: The Company has complied with AS-2 “Valuation of Inventories” issued by the

Institute of Chartered Accountants of India, to the extent practicable keeping in mind the peculiar nature of

the industry.

ISP, Nashik :-

Inventories are valued at cost or net realisable value ,whichever is lower. Cost of various categories is arrived as

follows:

(a) Raw Material, Stores and Spares- FIFO method is followed.

(b) Finished products are valued at cost of production as per last available cost sheet finalized by the unit.

(c) Stock in process is valued at cost on FIFO basis.

(d) Provision of obsolence is made & such stock is shown as non moving stock separately.

CNP, Nashik :-

(a) Inventories are valued at cost. While arriving at the cost of raw material, Stores and Spares FIFO method

is followed.

(b) Finished products are valued at cost.

(c) Stock in process is valued at cost.

(vi) Pensionary charges:

Provision for pensionary charges has been made as per Govt of India norms in respect of all employees.

(vii) Investments:

Investments are classified into current and the long term investment. Current Investment are stated at the lower

of cost or fair value.

30


o"kZ ds nkSjku izkIr okil fy, x, flDdksa dks bl lacaÌ esa dksbZ uhfrxr fu.kZ; u gksus ds dkj.k dksbZ ewY; ugha fn;k x;kgSA rFkkfi iwoZ o"kZ esa mudk ewY; fuÌkZj.k lkexzh dh ykxr ij fd;k x;k FkkA

vof'k"V lkexzh dk ewY; uhfr ds vuqlkj 31-03-2007 dks 'kwU; ds :i esa fy;k x;k gS vkSj mldk ewY; ,,l 2 ds vuqlkj78]81]169 #i, gksxkA

,lih,e] gks'kaxkckn

(d) ,lih,e esa lHkh eky lwph ds fjdkWMZ ek=k ds vuqlkj j[ks x, gSa] ysfdu ewY; fuÌkZj.k v|ru ugha fd;k x;k gSAbl vofÌ ds nkSjku [kjhns x, enksa dks NksM+dj ftudk okLrfod ykxr ij ewY; fuÌkZj.k fd;k x;k gS] ekylwphdk ewY; fuÌkZj.k vuqeku ds vkÌkj ij ¼fiNys nks o"kZ dh izofÙk;ksa ds vkÌkj ij½ fd;k x;k gSA

([k) mi;qZDr of.kZr eky lwph ds vuqekfur ewY; fuÌkZj.k ds vfrfjDr vU; eky lwfp;ksa gsrq vuqikyu dh tk jghys[kkadu uhfr;ksa dk fooj.k bl izdkj gS% daiuh us baLVhV~;wV vkWQ pkVZM vdkmaVsaV~l vkWQ bafM;k }kjk tkjh ,,l&2eky lwfp;ksa ds ewY; fuÌkZj.k dk vuqikyu m|ksx dh fof'k"V izdfr dks /;ku esa j[krs gq,] tgka rd laHko gks] fd;kgSA

vkbZ,lih] ukfld

ekylwfp;ksa dk ewY; fuÌkZj.k ykxr vFkok fuoy udnhdj.k ewY;] tks Hkh de gks] ij fd;k tkrk gSA fofHkUu Jsf.k;ksadh ykxr fuEuizdkj fudkyh tkrh gS%&

(d) dPpk eky] HkaMkj vkSj dyiwtsZ&,QvkbZihvks i)fr viukbZ tkrh gSA

([k) rS;kj mRikn dk ewY; fuÌkZj.k bdkbZ }kjk vfUre :i nh xbZ fiNyh miyCÌ ykxr i=d ds vuqlkj mRiknu dh ykxrij fd;k tkrk gSA

(x) cu jgs LVkWd dk ewY; fuÌkZj.k ,QvkbZ,Qvks vkÌkj ij ykxr ij fd;k tkrk gSA

(?k) vizpyu dk izkoÌku fd;k tkrk gS vkSj ;g LVkWd vpy LVkWd ds :i esa iFkd :i ls n'kkZ;k tkrk gSA

lh,uih] ukfld

(d) ekylwfp;ksa dk ewY; fuÌkZj.k ykxr ij fd;k tkrk gSA dPps eky dh ykxr ds fuÌkZj.k gsrq ,QvkbZ,Qvks i)frdk ikyu fd;k tkrk gSA

([k) rS;kj mRikn dk ewY; fuÌkZj.k ykxr ij fd;k tkrk gSA

(x) cu jgs LVkWd dk ewY; fuÌkZj.k ykxr ij fd;k tkrk gSA

(vi) isa'ku lacaÌh izHkkj

lHkh dkfeZdksa ds lacaÌ esa isa'ku lacaÌh izHkkj dk izkoÌku Hkkjr ljdkj ds ekudksa ds vuqlkj fd;k tkrk gSA

(vii) fuos'k

fuos'kksa dks pkyw vkSj nh?kkZofÌd fuos'k ds :i esa oxhZdr fd;k tkrk gSA pkyw fuos'kksa dk mYys[k de ykxr vFkok mfprewY; ij fd;k tkrk gSA

30


Schedule 13

NOTES ON ACCOUNTS

1. About SPMCIL

The Security Printing & Minting Corporation of India Limited (SPMCIL) was formed after corporatization of all

nine Mints/Presses/Mill which were earlier working under the Ministry of Finance. The Company was registered

on 13.1.2006 with its headquarters at Jawahar Vyapar Bhawan, Janpath, New Delhi. A decision was taken by the

Govt. to transfer all the assets and liabilities of these nine units w.e.f. 10-2-2006. The Company has four

Presses, four Mints and one Paper Mill. Client of two Currency Presses is RBI for currency notes. For another

two Security Presses, clients are State Governments for Non Judicial Stamp Papers and allied stamps and Postal

Department for postal stationery, stamps etc. Security Presses also produce various security items like cheques

for various clients and passport, visa stickers and other travel documents for Ministry of External Affairs. For

Mints, major work relate to RBI though small payments are received from individuals for commemorative coins

etc.

Brief description of Units of SPMCIL

(a) Bank Note Press, Dewas: Bank Note Press, Dewas, was established in 1973 and it is notified as commercial

Undertaking under Ministry of Finance. It prints Bank Notes of Rs.20, Rs.50/-, Rs.100/- and Rs.500/-

denominations. This Press also manufactures security ink for various security organizations .Its annual

licensed and installed capacity is 2400 million pieces and production during 01.4.2006 to 31.3.2007 is

2267.460 million pieces.

(b) Currency Note Press, Nashik Road: Currency Note Press, Nashik Road, was established in the year 1928

with the objective of printing Currency notes of denominations as per the requirements and indents placed

by Reserve Bank of India from time to time. Its annual licensed and installed capacity is 4400 million pieces

and production during 01.4.2006 to 31.3.2007 is 2402 million pieces.

(c) India Security Press, Nashik Road: India Security Press, Nashik Road was established in the year 1925

and it is notified as commercial industrial unit under the administrative control of Govt. of India, Ministry of

Finance. It prints & supply Judicial/non-judicial stamp papers all types of postal & non postal stamps &

stationery, passports, visa & other travel documents, MICR & Non-MICR Cheques in continuous Stationery

form, Identity Cards, Railway Warrants, Income Tax Return Order Forms, Saving Instruments (IPOs &

KVP, IVP Certificates,) etc. These security documents are printed & supplied to various State Governments

Deptt. of Central Govts. including Deptt. of Posts, Ministry of Finance, Ministry of External Affairs as well

as RBI.

(d) Security Printing Press, Hyderabad: This organization was established in the year 1967 and it is notified

as commercial industrial unit under the administrative control of Govt. of India, Ministry of Finance. It is

responsible for printing & supply of low Denomination Judicial & Non-Judicial Stamp papers being supplied

to Southern States, Postal Stamps & Postal Stationery to Deptt. of Post .

(e) Security Paper Mill, Hoshangabad: Security Paper Mill, Hoshangabad, was established in 1968 and it is

notified as non-commercial undertaking under the administrative control of Govt. of India, Ministry of

Finance. This unit is responsible for manufacturing of different types of Security Papers. Papers manufactured

by this unit are used for printing of Currency Notes and Non-Judicial Stamps which are being printed by

Currency Note Press, & Bank Note Press Dewas and India Security Press and SPP. Its production of

security papers during 01.4.2006 to 31.3.2007 is 2706.864 MTs.

31


vuqlwph 13

ys[kkvksa ij fVIif.k;ka

1. Hkkjr izfrHkwfr eqæ.k vkSj eqæk fuekZ.k fuxe fyfeVsM ¼,lih,elhvkbZ,y½ ds ckjs esa

Hkkjr izfrHkwfr eqæ.k vkSj eqæk fuekZ.k fuxe fyfeVsM 13 tuojh] 2006 dks fuxfer fd;k x;kA bldk eq[;ky; tokgjO;kikj Hkou] tuiFk] ubZ fnYyh esa fLFkr gSA Hkkjr ljdkj }kjk lHkh ukS Vdlkyksa@eqæ.kky;ksa@dkj[kkuk dks fuxfer djusdk fu.kZ; fy;k x;kA ;s igys vkS|ksfxd foHkkxh; laxBuksa ds :i esa foÙk ea=ky; ds vÌhu dke dj jgh FkhaA rnuqlkjbu ukS bdkb;ksa dh lHkh vkfLr;ka vkSj ns;rk,a Hkkjr izfrHkwfr eqæ.k vkSj eqæk fuekZ.k fuxe fyfeVsM dks 10 Qjojh] 2006ls varfjr dj nh x;hA bl daiuh ds pkj eqæ.kky;] pkj Vdlky vkSj ,d dkxt dkj[kkuk gSa nks djsalh eqæ.kky;ksa dsxzkgd] djsalh uksVksa ds fy, Hkkjrh; fjtoZ cSad gSA vU; nks izfrHkwfr eqæ.kky;ksa ds xzkgd] xSj&U;kf;d LVkEi isijksa vkSjlac) LVkEi ds fy, jkT; ljdkjsa rFkk Mkd LVs'kujh] LVkEi vkfn ds fy, Mkd foHkkx gSaA izfrHkwfr eqæ.kky; fofHkUuxzkgdksa ds fy, pSd tSls fofHkUu izfrHkwfr enksa rFkk fons'k ea=ky; ds fy, ikliksVZ] ohtk LVhdj vkSj vU; ;k=k nLrkostksadk Hkh mRiknu djrk gSA Vdlkyksa ds fy, eq[; dk;Z Hkkjrh; fjtoZ cSad ls lacafÌr gksrk gSA gkykafd Lekjd flDdksavkfn ds fy, NksVs&NksVs vkns'k O;f"V;ksa ls izkIr gksrs gSaA

,lih,elhvkbZ,y dh ;wfuVksa dk laf{kIr fooj.k

(d) cSad uksV izsl] nsokl% cSad uksV izsl] nsokl dh LFkkiuk 1973 esa dh xbZ Fkh vkSj ;g foÙk ea=ky; ds vÌhu okf.kfT;dmiØe ds :i esa vfÌlwfpr gSA ;g 20 #i,] 50 #i,] 100 #i, vkSj 500 #i, ewY; oxks± ds cSad uksVksa dk eqæ.kdjrk gSA ;g eqæ.kky; fofHkUu izfrHkwfr laxBuksa ds fy, izfrHkwfr L;kgh dk Hkh fofuekZ.k djrk gSA bldh okf"kZdykblsal'kqnk vkSj laLFkkfir {kerk 2400 fefy;u vnn gS vkSj 01-04-2006 ls 31-3-2006 dh vofÌ ds nkSjku mRiknu2267-460 fefy;u vnn gSA

([k) djsalh uksV izsl] ukfld jksM% djsalh uksV izsl] ukfld jksM dh LFkkiuk o"kZ 1928 esa Hkkjrh; fjtoZ cSad }kjk le;≤ij vko';drk vkSj fn, x, ekax i=ksa ds vuqlkj ewY; oxks± ds djsalh uksVksa ds eqæ.k ds mís'; ls dh xbZ FkhA bldhokf"kZd ykblsal'kqnk vkSj laLFkkfir {kerk 4400 fefy;u vnn gS vkSj 1-4-2006 ls 31-3-2007 ds nkSjku mRiknu 2402fefy;u vnn gSA

(x) Hkkjr izfrHkwfr eqæ.kky;] ukfld jksM% Hkkjr izfrHkwfr eqæ.kky;] ukfld jksM dh LFkkiuk o"kZ 1925 esa dh xbZ Fkh vkSj;g Hkkjr ljdkj] foÙk ea=ky; ds iz'kklfud fu;a=.kkÌhu okf.kfT;d vkS|ksfxd bdkbZ ds :i esa vfÌlwfpr gSA ;gU;kf;d@xSj U;kf;d LVkEi isijksa] lHkh izdkj dh Mkd vkSj Mkd fHkUu LVkEiks vkSj LVs'kujh] ikliksVZ] ohtk vkSjvU; ;k=k nLrkostksa] fujarj ys[ku lkexzh :i esa ,evkbZlhvkj vkSj xSj ,evkbZlhvkj pSdksa] igpku i=ksa] jsyos okjaVksa]vk;dj fooj.kh vkMZj QkeZ] cpr izi= ¼vkbZihvks rFkk dsohih] vkbZohih izek.ki=½ vkfn dk eqæ.k djrk gS vkSjvkiwfrZ djrk gSA bu izfrHkwfr nLrkostksa dh fofHkUu jkT; ljdkjksa rFkk Mkd foHkkx] foÙk ea=ky;] fons'k ea=ky;rFkk Hkkjrh; fjtoZ cSad lfgr dsaæ ljdkj ds foHkkxksa dks vkiwfrZ dh tkrh gSA

(?k) izfrHkwfr eqæ.kky;] gSnjkckn% bl laxBu dh LFkkiuk o"kZ 1967 esa dh xbZ Fkh vkSj ;g Hkkjr ljdkj] foÙk ea=ky;ds iz'kklfud fu;a=.kkÌhu okf.kfT;d vkS|ksfxd bdkbZ ds :i esa vfÌlwfpr fd;k x;k gSA ;g nf{k.kh jkT;ksa dksvkiwfrZ fd, tk jgs fuEu ewY;oxZ ds U;kf;d vkSj xSj&U;kf;d LVkEi isijksa rFkk Mkd foHkkx dks Mkd fVdVksa rFkkMkd ys[ku lkexzh ds eqæ.k vkSj vkiwfrZ ds fy, mÙkjnk;h gSA

(M-) izfrHkwfr dkxt dkj[kkuk] gks'kaxkckn% izfrHkwfr dkxt dkj[kkuk] gks'kaxkckn dh LFkkiuk 1968 esa dh xbZ Fkh vkSj;g Hkkjr ljdkj] foÙk ea=ky; ds iz'kklfud fu;a=.kkÌhu xSj&okf.kfT;d miØe ds :i esa vfÌlwfpr fd;k x;kgSA ;g ,dd fofHkUu izdkj ds izfrHkwfr dkxtkrksa ds fofuekZ.k ds fy, mÙkjnk;h gSA bl ,dd }kjk fofHkUu dkxtksadk iz;ksx djsalh uksVksa vkSj xSj U;kf;d LVkEiksa ds eqæ.k ds fy, fd;k tkrk gS ftudk eqæ.k djsalh uksV izsl vkSj cSaduksV izsl] nsokl vkSj Hkkjr izfrHkwfr eqæ.kky; vkSj izfrHkwfr eqæ.kky; }kjk fd;k tkrk gSA 1-4-2006 ls 31-32007ds nkSjku izfrHkwfr dkxtksa dk bldk mRiknu 2706-864 ehfVªd Vu gSA

31


(f) India Government Mint, Noida: This Mint was established in the year 1988. The Minting facility at

Noida takes care of the requirement of Coins. This is one of the modern mints in the Country.

(g) India Government Mint, Mumbai: This Mint was established in the year 1829 which is one of the oldest

mints of the Country. It has got the capacity of minting coins, medals & further, it is also taken care of

refining of Gold and Silver and other metals.

(h) India Government Mint, Hyderabad:- India Government Mint, Hyderabad was originally started in the

year 1903 in Hyderabad city. However, after modernisation, it was re-located to a place –Cheralapalli, near

Hyderabad in the year 1997. This is the most modern minting unit in the country having refining facility as

well as facility to mint coins, medals and medallion.

(i) India Government Mint, Kolkatta:- Originally different minting facilities were created in and around

Kolkatta in the 18th Century. One of the mints was modernised in the year 1952 and it was known as Allipore

Mint. Later-on Government of India renamed it as India Government Mint, Kolkatta. This unit is also

having all facilities of refining, minting coins and manufacture of medals and medallions.

2. Contingent Liabilities:

Contingent liabilities not acknowledged as debt are Rs 33,419 Lacs (Previous Year Rs 21,541.49 Lacs & US $

16.43 Lacs.)

NAME OF THE UNIT AMOUNT (RS.)

BNP, DEWAS 1,892,100,000.00

SPM, HOSHANGABAD 113,441,700.00

ISP, NASIK 1,115,124,455.00

CNP, NASIK 55,100,000.00

IGM, MUMBAI 62,011,386.00

IGM, NOIDA 12,317,650.00

IGM, KOLKATA 25,933,960.00

IGM, HYDERABAD 59,797,912.00

SPP, HYDERABAD 6,152,000.00

TOTAL 3,341,979,063.00

3. Inter Unit Accounts

Prior to Corporatisation all units were working independently as per the govt system and showing the transactions

amongst themselves through debtors and creditors and transactions were settled in cash. Pending reconciliation

of balances transactions including that of the corporatisation periods are continuing in the creditors and debtors.

There is a balance of Rs 5 crore (Previous year Rs. 39.55 Crore) outstanding in the inter unit accounts, which

is subject to reconciliation and adjustments in next year.

4. Assets & Liabilities:

As per the Govt. decision, all the assets and liabilities of above mentioned nine units as on 10.2.2006 has been

transferred to the SPMCIL. Assets and liabilities have been taken on historic cost basis. Assets and liabilities

prevailing as on 9.2.2006 and same were taken over on 10.2.2006 in the books of SPMCIL. The fixed assets

have been disclosed at acquisition by the respective units less upto date accumulated depreciation thereon. The

proforma accounts were prepared by the units before their corporatisation as a subsidiary account. It was in

32


(p) Hkkjr ljdkj Vdlky] uks,Mk% bl Vdlky dh LFkkiuk o"kZ 1988 esa dh xbZ FkhA uks,Mk esa flDdksa dh vko';drkds vuqlkj flDdk <ykbZ lqfoÌk gSA ;g ns'k ds vkÌqfud Vdlkyksa esa ,d gSA

(N) Hkkjr ljdkj Vdlky] eqacbZ% bl Vdlky dh LFkkiuk o"kZ 1829 esa dh xbZ Fkh vkSj ;g ns'k ds lcls iqjkus Vdlkyksaesa ,d gSA blesa flDdksa] indksa ds fuekZ.k dh {kerk gS vkSj blds vfrfjDr ;gka lksuk vkSj pkanh rFkk vU; Ìkrqvksads ifj"dj.k dk dk;Z Hkh fd;k tkrk gSA

(t) Hkkjr ljdkj Vdlky] gSnjkckn% Hkkjr ljdkj Vdlky] gSnjkckn vkjaHk esa o"kZ 1903 esa gSnjkckn esa vkjaHk fd;kx;k Fkk ijarq vkÌqfudhdj.k ds ckn] o"kZ 1997 esa bls gSnjkckn ds fudV psjykiYyh esa vofLFkr fd;k x;k gSA ;gns'k esa vkÌqfudre Vdlky ,dd gS ftlesa ifj"dj.k lqfoÌk rFkk flDdksa] indksa vkSj Qyd ds fuekZ.k dh lqfoÌkgSA

(>) Hkkjr ljdkj Vdlky] dksydkrk% vkjaHk esa 18oha 'krkCnh esa dydÙkk esa vkSj mlds vklikl fHkUu flDdk fuekZ.klqfoÌk,a LFkkfir dh xbZ FkhA ,d Vdlky dk o"kZ 1952 esa vkÌqfudhdj.k fd;k x;k vkSj bls vyhiqj Vdlky dsuke ls tkuk x;kA ckn esa Hkkjr ljdkj us bldk Hkkjr ljdkj Vdlky] dksydkrk ds :i esa iquukZedj.k fd;kAbl ,dd esa Hkh ifj"dj.k] flDdk <ykbZ rFkk indksa ds fuekZ.k dh lHkh lqfoÌk,a gSaA

2. vkdfLed nsunkfj;ka%

_.k ds :i esa u ekuh xbZ vkdfLed nsunkfj;ka 33]419 yk[k #i, ¼iwoZ o"kZ 21]541-49 yk[k #i, vkSj 16-43 yk[kvejhdh MkWyj½ gSa

bdkbZ dk uke jkf'k

ch-,u-ih- nsokl 1,892,100,000.00

,l-ih-,e- gks'kaxkckn 113,441,700.00

vkbZ-,l-ih- ukfld 1,115,124,455.00

lh-,u-ih- ukfld 55,100,000.00

vkbZ-th-,e- eqacbZ 62,011,386.00

vkbZ-th-,e- uks,Mk 12,317,650.00

vkbZ-th-,e- dksydkrk 25,933,960.00

vkbZ-th-,e- gSnjkckn 59,797,912.00

,l-ih-ih- gSnjkckn 6,152,000.00

;ksx 3,341,979,063.00

3. vUrZ,dd ys[kk%

fuxehdj.k ls iwoZ lHkh bdkb;ka ljdkjh iz.kkyh ds vuqlkj Lora= :i ls dke dj jgh Fkha vkSj nsunkjksa vkSj ysunkjksa dstfj, vius vkil esa gh ysunsu n'kkZ jgh Fkha rFkk ysunsuksa dk fuiVku udn esa gksrk FkkA lekÌku ds yafcr jgrs] fuxehdj.kdh vofÌ esa Hkh ysunsu nsunkjh vkSj ysunkjh esa tkjh gSA vrZ,dd ys[kk fooj.kksa esa 5 djksM+ #i, ¼iwoZ o"kZ 39-55 djksM+#i,½ dk cdk;k 'ks"k gS tks vxys o"kZ lekÌku vkSj lek;kstuksa ds vÌhu gSA

4. vkfLr;ka vkSj nsunkfj;ka%

ljdkj ds fu.kZ; ds vuqlkj 10-2-2006 dh fLFkfr ds vuqlkj Åij mfYyf[kr 9 bdkb;ksa dh lHkh vkfLr;ksa laifÙk;ksa vkSjnsunkfj;ksa dk varj.k Hkkjr izfrHkwfr eqæ.k vkSj eqæk fuekZ.k fuxe fyfeVsM dks fd;k x;k gSA vkfLr;ksa vkSj nsunkfj;ksa dksijaijkxr ykxr vkÌkj ij fy;k x;k gSA 9-2-2006 dks ekStwn vkfLr;ksa vkSj nsunkfj;ksa dks 10-2-2006 dks bl fuxe dhcfg;ksa esa ys fy;k x;kA vpy vkfLr;ksa dks lacafÌr bdkb;ksa }kjk mu ij v|ru lafpr ewY;gzkl dks ?kVkdj vfÌxzg.kij n'kkZ;k x;k gSA bdkb;ksa }kjk muds fuxehdj.k ls iwoZ izksQkekZ ys[kk foojf.k;ka lgk;d ys[kk ds :i esa rS;kj fd,

32


addition to the Govt. Accounts prepared by Ministry of Finance. In the units it was not up to date as on

09.02.2006 i.e the date of corporatisation. It is under different stages of preparation and audit by C&AG.

Finalisation/Audit of Proforma Accounts up to 09.02.2006 may effect the amount payable to the government as

well as assets and liabilities of the Company. After the transfer of assets & liabilities from government to company,

it is required to take necessary steps to get the title deed changed in the name of the company. Efforts are being

made to transfer the title of immovable properties as per the guidelines of Department of Public Enterprises.

5. Grants from Ministry of Finance:- During the pervious year grants of Rs.4.19 crores was received from

Ministry of Finance for initial start up cost and has been shown as source of fund as no repayment is required.

This disclosure and accounting and presentation shall be governed by AS 12.

6. Loan from BRBNMPL : During the year loan pertaining to BRBNMPL has been repaid .For the amount to be

paid to BRBNML instruction were issued on 30.03.07 to our bankers to encash the FDRs amounting to Rs.230

crores and further instruction were issued to SBI, our bankers to transfer Rs.236.28 crores to BRBNMPL.

Accordingly, accounting entries were passed to give effect to repayment of loan and premature encashment of

FDRs. However, due to holidays, banking transactions could not get completed before 31.03.07. As a result,

these entries pertaining to repayment of loan are getting reflected in Bank Reconciliation Statement as on 31.03.07.

7. Withdrawn Coins : Withdrawn coins are received in the mints for melting. These are received by Mints from

Government and Mints act as custodian to it. After melting, metal is auctioned on behalf of Government. Metal

value of the stock is given cognizance as credit to government after levying processing charges of melting etc.

However, detailed guidelines are being formulated in this regard.

8. a) Revenue shown in the Profit & Loss accounts of the following units includes revenue due to price differential

on revision of cost/renegotiation for the sale in the earlier years.

i. IGM HYDERABAD -Rs. 19.10 Crores

ii. IGM KOLKOTA -Rs. 24.20 Crores

iii. ISP NASHIK -Rs.195.32 Crores

They have been disclosed separately in the Profit & Loss Account.

b) Due to Hon’ble Supreme Court decision an amount of Rs 60.78 crores was paid to employees of Security

Paper Mill Hoshangabad which has been expensed in the current year.

9 Micro, Small & Medium enterprises

The identification of the Micro, Small & Medium enterprises in terms of the Micro, Small and Medium Enterprises

Development Act, 2006 could not be made as the company has not received any information from the creditors

regarding their status of being a Medium, Small & Medium Enterprise. However there are no overdues as on

balance sheet date and during the year the suppliers have been paid with in the stipulated period.

10 Sundry Debtors

A few units have not disclosed debtors under two categories i.e. debtors for more than six months and less than

six months. Therefore classification has been made accordingly based on the available information from the

units.

11 In few units difference has been reported in the figures maintained in the accounting records and Fixed Asset

Registers for which efforts will be made to reconcile and carry out necessary corrections.

During the year an amount of Rs. 80,88,426 was provided by the unit Security Paper Mill Hoshangabad as a

prior period item being depreciation related to the prior period.

33


x, FksA ;g foÙk ea=ky; }kjk rS;kj fd, x, ys[kk foojf.k;ksa ds vfrfjDr FkkA bdkb;ksa esa ;g 9-2-2006 vFkkZrfuxehdj.k dh rkjh[k dks v|ru ugha FkkA ;g fofHkUu voLFkkvksa esa rS;kj fd;k tk jgk gS vkSj fu;a=d ,oaegkys[kkijh{kd }kjk ys[kkijh{kk dh tk jgh gSA 09-2-2006 rd izksQkekZ ys[kksa dks vafre :i fn, tkus@ys[kk ijh{kkljdkj dks ns; jkf'k rd daiuh dh vkfLr;ka vkSj nsunkfj;ksa dh jkf'k dks izHkkfor dj ldrh gSaA ljdkj ls daiuh dksvkfLr;ksa vkSj nsunkfj;ksa ds varj.k ds ckn] ekfydkuk gd dks daiuh ds uke ij ifjofrZr djokus ds fy, visf{kr dnemBkuk visf{kr gSA vpy laifÙk;ksa dk LokfeRo yksd m|e foHkkx ds fn'kk&funsZ'kksa ds vuqlkj varfjr djus ds iz;kl fd,tk jgs gSaA

5. foÙk ea=ky; ls vuqnku% iwoZ o"kZ ds nkSjku vkjafHkd ykxr ds fy, foÙk ea=ky; ls 4-19 djksM+ #i, ds vuqnku izkIr gq,Fks vkSj bls lzksr fufÌ ds :i esa n'kkZ;k x;k gS D;ksafd dksbZ vnk;xh visf{kr ugha gSA ;g izdVu rFkk ys[kk fofÌ vkSjizLrqfrdj.k ,,l 12 }kjk 'kkflr gksxk

6. chvkjch,u,eih,y ls _.k% o"kZ ds nkSjku chvkjch,u,eih,y ls lacafÌr _.k dh vnk;xh dh tk pqdh gSA chvkjch,u,e,ydks pqdkbZ tkuh okys jkf'k ds fy, gekjs cSadjksa dks 30-3-07 dks 230 djksM+ #i, jkf'k ds ,QMhvkj ds udnhdj.k dsvuqns'k tkjh fd, x, Fks vkSj gekjs cSadj] Hkkjrh; LVsV cSad dks 236-28 djksM+ #i, chvkjch,u,eih,y dks varfjr djusds vkxs vkSj vkns'k tkjh fd, x, FksA rnuqlkj _.k dh vnk;xh vkSj ,QMhvkj ds le;iwoZ udnhdj.k dks dk;Z:i nsusds fy, ys[kkadu izfof"V;ka eatwj dh xbZaA rFkkfi NqfV~V;ksa ds dkj.k cSafdax ysunsu 31-3-07 ls iwoZ iwjs ugha fd, tk ldsAblds ifj.kkeLo:i] _.k dh vnk;xh ls lacafÌr izfof"V;ka 31-03-07 dh cSad lekÌku fooj.kh esa n'kkZbZ xbZ gSaA

7. okil fy, x, flDds% Vdlkyksa esa okil fy, x, flDds fi?kykus ds fy, izkIr gksrs gSaA Vdlkyksa }kjk ;s ljdkj ls izkIrfd, tkrs gSa vkSj Vdlky buds vfHkj{kd ds :i esa dk;Z djrs gSaA fi?kykus ds ckn Ìkrq dk ljdkj dh vksj ls uhykefd;k tkrk gSA LVkWd ds Ìkrq ewY; dk laKku fi?kykus vkfn dh izfØ;k ds izHkkjksa dks yxkus ds ckn ljdkj dks vkÌkjds :i esa fy;k tkrk gSA rFkkfi bl lacaÌ esa foLrr fn'kk&funsZ'k rS;kj fd, tk jgs gSaA

8. d) fuEufyf[kr bdkb;ksa ds ykHk o gkfu ys[kk foojf.k;ksa esa n'kkZ;k x;k jktLo iwoZ o"kks± esa fcØh ds fy, ykxr@iqu% okrkZds la'kksÌu ij ewY; varj ds dkj.k izkIr jktLo gSA

i. Hkkjr ljdkj Vdlky] gSnjkckn -Rs. 19.10 Crores

ii. Hkkjr ljdkj Vdlky] dksydkrk -Rs. 24.20 Crores

iii. Hkkjr ljdkj Vdlky] ukfld -Rs.195.32 Crores

mUgsa ykHk o gkfu [kkrs esa iFkd :i ls n'kkZ;k x;k gSA

[k) ekuuh; mPpre U;k;ky; ds fu.kZ; ds dkj.k izfrHkwfr dkxt dkj[kkuk gks'kaxkckn ds deZpkfj;ksa dks 60-78 djksM+#i, dh jkf'k dk Hkqxrku fd;k x;k tks orZeku o"kZ esa [kpZ dh tk pqdh gSA

9 lw{e] y?kq vkSj e>ksys m|e

lw{e] y?kq vkSj e>ksys m|e fodkl vfÌfu;e] 2006 ds rgr lw{e] y?kq vkSj e>ksys m|eksa dh igpku ugha dh tk ldhD;ksafd daiuh us ysunkjksa ls lw{e y?kq vkSj e>ksys m|e gksus dh mldh fLFkfr ds ckjs esa dksbZ lwpuk izkIr ugha gqbZ gSA rFkkfirqyu i= dh rkjh[k dks dksbZ vfÌns; ugha gS vkSj o"kZ ds nkSjku vkiwfrZdrkZvksa dks fuÌkZfjr vofÌ esa Hkqxrku fd;k x;kgSA

10 fofoÌ dtZnkj

dqN bdkb;ksa us nks Jsf.k;ksa vFkkZr Ng ekg ls vfÌd ds fy, dtZnkj vkSj Ng ekg ls de ds fy, dtZnkj esa dtZnkjksa dkfooj.k ugha fn;k gSA vr% bdkb;ksa ls miyCÌ lwpuk ds vkÌkj ij oxhZdj.k fd;k x;k gSA

11 dqN bdkb;ksa esa ys[kkadu fjdkMks± vkSj fu;e ifjlEifÙk jftLVjksa esa j[ks x, vkadM+ksa esa varj dh lwpuk feyh gSA ftldsfy, feyku djus vkSj vko';d lqÌkj djus ds iz;kl fd, tk,axsA

o"kZ ds nkSjku 80]88]426 #i, dh jkf'k dk izfrHkwfr dkxt dkj[kkuk gks'kaxkckn }kjk iwoZ vofÌ ls lacafÌr ewY;gzkl gksusds dkj.k iwoZ vofÌ en ds :i esa O;oLFkk dh xbZ FkhA

33


12 Pricing of Coins : Pricing of coins is being done as per the prevailing practice, whereby selling price is decided

as the amount equal to cost plus 1/9th of the cost as profit margin.

13 For the physical verification of fixed assets, management has already constituted committees at the unit level and

verification will be completed in a phased manner. Since the security concerns are having paramount importance,

disposal of condemned and obsolete assets are done after following an elaborate process. Compliance to the AS-

28 on Impairment of Assets will be ensured after verification of fixed assets as indicated above.

14 Remuneration to Auditors:

Remuneration to branch auditors Rs 6,30,000/-

Remuneration to statutory auditors Rs. 1,00,000/-

Taxes and out of pocket expenses are to be paid separately.

15 During the year the company has changed the accounting policy regarding the valuation of Minted Coins which

is a finished goods item, Effect on the current year profit due to changed policy has not been ascertained &

disclosed in the accounts separately.

16 Employee Benefits

Employees of the company are on deemed deputation from Government of India. Therefore, retirement benefits

are being provided as per the norms of the Government of India in this regard. Therefore AS 15 issued by The

Institute of Chartered Accountants of India has not been followed.

17 Segment Reporting

As the company is dealing in Securities item, it is considered as one segment, therefore reporting as per AS 17

considered to be not applicable.

18 Provision and Contingent Liabilites

A provision is recognized when the company has present obligation as a result of past event and it is probable that

an outflow of the resources will be required to settle the obligation, in respect of which a reliable estimate can be

made based on technical valuation and past experience. Provision are not discounted to its present value and are

determined based on management estimates required to settle the obligation at the balance sheet date. No provision

is recognized for liabilities whose future outcome cannot be ascertained with reasonable certainties. Such

contingent liabilities are not recognized but are disclosed on the basis of the judgement of the management.

These are reviewed at each balance sheet date and adjusted to reflect the current management estimate.

19 Related Party Transaction

The company has not entered in to any transaction with any relative of key managerial personnel.

20. Earnings Per Share

Particulars 2006-07 2005-06

Profit After Tax (Rs.) 2,683,762,328 3,232,66,915

No. of Shares outstanding 50,000 50,000

Basic/Diluted Earnings per share(Rs) 53,675 6,465

34


12 flDdksa dk ewY;fuÌkZj.k% flDdksa dk ewY;fuÌkZj.k izpfyr i)fr ds vuqlkj fd;k tk jgk gS ftlesa fcØh ewY; dk fuÌkZj.kykxr rFkk ykHk ekftZu ds :i esa ykxr dk 1@9osa fgLls ds ;ksx dh jkf'k ds cjkcj jkf'k ds :i esa fd;k tkrk gSA

13 vpy ifjlaifÙk;ksa ds okLrfod lR;kiu ds fy,] izcaÌu us igys gh bdkbZ Lrj ij lfefr;ksa dk xBu fd;k gS vkSj lR;kiu,d pj.kc) rjhds ls iwjk fd;k tk,xkA pwafd lqj{kk lacaÌh fpark,a cgqr vfÌd egRo dh gSa] vr% vuqi;ksxh vkSj iqjkuhvkfLr;ksa dk fuiVku ,d foLrr izfØ;k dk vuqikyu djds fd;k tkrk gSA vkfLr;ksa dh gkfu ds lacaÌ esa ,,l&28 dkvuqikyu Åij ;FkkofxZr vpy vkfLr;ksa ds lR;kiu ds ckn lqfuf'pr fd;k tk,xkA

14 ys[kkijh{kdksa dks ikfjJfed

'kk[kk ys[kkijh{kdksa dks ikfjJfed Rs 6,30,000/-

lkafofÌd ys[kkijh{kdksa dks ikfjJfed Rs. 1,00,000/-

djksa rFkk vkmV vkWQ ikWdsV [kpksZa dk Hkqxrku iFkd :i ls fd;k tk,xkA

15 o"kZ ds nkSjku daiuh us <kys x, flDdksa] tks ,d rS;kj 'kqnk en gS] ds ewY;kadu ds lacaÌ esa ys[kkadu uhfr esa cnyko fd;kgSA ifjofrZr uhfr ds dkj.k orZeku o"kZ ds ykHk ij izHkko lqfuf'pr ugha fd;k gS vkSj ys[kk foojf.k;ksa esa iFkd :i lsizdV fd;k gSA

16 deZpkfj;ksa dks ykHk

daiuh ds deZpkjh Hkkjr ljdkj ls ekfur izfrfu;qfDr ij ekus x, gSaA vr% bl lacaÌ esa Hkkjr ljdkj ds ekun.Mksa dsvuqlkj lsokfuofÙk ykHk iznku fd, tk jgs gSaA vr% Hkkjrh; pkVZM ,dkmaVsV~l laLFkku }kjk tkjh ,,l&15 dk vuqikyuugha fd;k tk jgk gSA

17 [k.M fjiksfV±x

pwafd daiuh izfrHkwfr enksa ls lacafÌr gS] vr% bls ,d [kaM ds :i esa ekuk x;k gS] vr% ,,l&15 ds vuqlkj fjiksfVZx dksiz;ksT; ugha ekuk tkrk gSA

18 izkoÌku vkSj vkdfLed nsunkfj;ka

dksbZ izkoÌku rc fd;k tkrk gS tc daiuh dh orZeku nsunkjh foxr ?kVuk ds ifj.kkeLo:i gks vkSj ;g laHko gks fd nsunkjhdk fuiVku djus ds fy, lalkÌuksa ds cgZizokg dh vko';drk gksxh] ftlds lacaÌ esa ,d fo'oLr vuqeku rduhdhewY;kadu vkSj foxr vuqHko ds vkÌkj ij fd;k tk ldrk gSA izkoÌku dks bldk orZeku ewY; ls ugha ?kVk;k tkrk gSvkSj rqyu i= rkjh[k ij nsunkjh ds fuiVku ds fy, visf{kr izcaÌu vuqekuksa ds vkÌkj ij fuÌkZfjr fd;k tkrk gSA munsunkfj;ksa ds fy, dksbZ izkoÌku ugha fd;k tkrk gS ftldk Hkfo"; dk ifj.kke mi;qDr fuf'prrkvksa ls lqfuf'pr ugha fd;ktk ldrk gSA bu vkdfLed nsunkfj;ksa dks ekU;rk ugha nh tkrh gS ijarq izcaÌu ds fu.kZ; ds vkÌkj ij izdV fd;k tkrkgSA budh iqujh{kk izR;sd rqyui= rkjh[k dks dh tkrh gS vkSj orZeku izcaÌu vuqeku dks ifjyf{kr djus ds fy, lek;ksftrfd;k tkrk gSA

19 lacafÌr i{k ysunsu

daiuh us fdlh egRoiw.kZ izcaÌdh; dkfeZd ds fdlh lacaÌh ds lkFk dksbZ ysunsu ugha fd;k gSA

20. izfr'ks;j vtZu

fooj.k 2006-07 2005-06

dj ds ckn ykHk ¼#i,½ 2,683,762,328 3,232,66,915

cdk;k 'ks;jksa dh la[;k 50,000 50,000

izfr 'ks;j ewy@ruqdr vtZu ¼#i,½ 53,675 6,465

34


21 Deferred Tax :- The significant components and classification of deferred tax asset and liabilities on account

of temporary difference are :

Current Year 2006-07

(Amount in Rs)

Timing difference on account of Deferred Tax Deferred Tax

Assets liability

(a) Difference between book dep. & dep. Under the I.T. Act, 1961 - 13,24,86,333

(b) Amount Disallowed u/s 40(a)(i) Under Income Tax Act 1961 26,28,444 -

(c ) Provision for Bad Debts 12,05,18,730 -

(d) Provision for Pensionary Charges 7,60,65,387 -

(e) Deferred Tax Liability reversed during the year 6,67,26,228 -

22 In the opinion of Board of Directors Current assets , Loan & advances have a value on realisation in the ordinary

course of business atleast equal to the amount at which they are stated.

23 The previous year figure are not comparable as the previous period comprised of 50 days i.e. 10th February 2006

to 31st March 2007.

24 Fixed Assets

As per the Ministry of Finance O.M. dated 10th February, 2006 all assets and liabilities have been taken at the

book value. Being commercial entity, the units have been maintaining the assets register based on the gross block

and the life of the assets were fixed accordingly. Therefore, the assets have been taken in the books of the

SPMCIL at net block (Gross block less Depreciation). However for the depreciation purpose the value is being

shown at gross block so that the same technical life could be continued .This will facilitate easy calculation of

depreciation without involving the re fixation of the life of the assets.

25 Quantitative Details :- As enclosed at Schedule 26(B).

The value as per the quantity details have been complied on the information available in the audited branch

accounts and this has arisen due to non uniformity/disclosure in quantitative reporting proforma. This shall be

standardized during the 2007-08.

26 There is a disputed sales tax liability amounting to Rs. 68,33,19,482/- . Out of this the unit has provisionally

collected from its customers under the heading deposit against contingent sales tax liability amounting to Rs.

38,41,32,865/- till 31st March, 2007. The company has not deposited the due amount in the state govt. treasury

in view of the working/calculation of future set off available on inputs during the applicable period.

35


21 vkLFkkfxr dj :- vLFkkbZ varj ds dkj.k vkLFkkfxr dj vkfLr;ksa vkSj nsunkfj;ksa ds egRoiw.kZ ?kVd vkSj oxhZdj.kfuEufyf[kr gS%

orZeku o"kZ 2006&07¼jkf'k #i, esa½

fuEufyf[kr ds dkj.k le; esa varj vkLFkkfxr dj vkLFkkfxr djvkfLr;ka nsunkjh

(d) cgh fopyu vkSj vk;dj vfÌfu;e 1961 ds varxZr - 13,24,86,333

fopyu ds chp varj

([k) vk;dj vfÌfu;e 1961 ds varxZr Ìkjk 26,28,444 -

40¼d½¼1½ ds varxZr vLohdr jkf'k

(x) pqdk, u x, _.kksa dk izkoÌku 12,05,18,730 -

(?k) isa'ku lacaÌh izHkkjksa ds fy, izkoÌku 7,60,65,387 -

(M-) o"kZ ds nkSjku O;qrØfer vkLFkkfxr dj nsunkjh 6,67,26,228 -

22 funs'kd eaMy ds er esa] orZeku vkfLr;ksa] _.k vkSj vfxze dk dkjksckj ds lkekU; nkSj esa de ls de ml jkf'k ds cjkcjftlesa mldk mYys[k gS] udnhdj.k ij ewY; gSA

23 iwoZ o"kZ da vkadM+s rqyuh; ugha gS D;ksafd iwoZ vofÌ esa 10 Qjojh] 2006 ls 31 ekpZ] 2007 rd 50 fnu 'kkfey FksA

24 LFkkoj vkfLr;ksa

foÙk ea=ky; ds fnukad 10 Qjojh] 2006 ds dk;kZy; Kkiu ds vuqlkj lHkh vkfLr;ka vkSj nsunkfj;ka cgh ewY; ij yhxbZ gSaA okf.kfT;d bdkbZ gksus ds dkj.k bdkb;ka ,deq'r vkÌkj ij vkfLr jftLVj j[k jgh gSa vkSj vkfLr;ksa dk dk;Zdkyrnuqlkj fu;r fd;k x;k FkkA vr% fuxe dh cfg;ksa esa vkfLr;ka fuoy Cykd ¼ldy Cykd esa ewY;gzkl ?kVkdj½ esa yhxbZ gSaA rFkkfi ewY;gzkl iz;kstu ds fy, ewY; ldy Cykd ij n'kkZ;k tk jgk gS rkfd mldh rduhdh fe;kn tkjh j[kktk ldsA blls ewY;gzkl dk vklku ifjdyu vkfLr;ksa dh fe;kn iqufuÌkZfjr fd, fcuk fd;k tk ldsxkA

25 ek=kRed C;kSjs :- tSlk fd vuqlwph 26 ¼[k½ esa layXu gSA

ek=k C;kSjksa ds vuqlkj ewY; ys[kk ijhf{kr 'kk[kk ys[kk foojf.k;ksa esa miyCÌ lwpuk ds vkÌkj ij ladfyr dh xbZ gS vkSj;g ek=kRed fjiksfV±x izksQkekZ esa vleku izdVu ds dkj.k mRiUu gqvk gSA bls 2007&08 ds nkSjku ekudhdr fd;k tk,xkA

26 68]33]19]482@& #i, jkf'k dh fookfnr fcØh dj nsunkjh gSaA blesa ls bdkbZ us vius xzkgdksa ls 31 ekpZ] 2007 dh fLFkfrds vuqlkj 38]41]32]865@& #i, dh jkf'k vkdfLed fcØh dj nsunkjh ds izfr tek 'kh"kZ ds varxZr vafre :i ls laxzghrdh gSA daiuh us iz;ksT; vofÌ ds nkSjku fufof"V;ksa ij miyCÌ Hkkoh leatu ds ifjdyu ds eísutj ns; jkf'k jkT; ljdkjds jktdks"k esa tek ugha dh gSA

35


27 Abridged balance sheet :

(Rupees in Lacs)

BALANCE SHEET ABSTRACT AND COMPANY’S GENERAL BUSINESS PROFILE

I Registration Details

Registration No State Code Balance Sheet Date

1 4 4 7 6 3 5 5 3 1 0 3 2 0 0 7

II Capital raised during the year

Public Issue - Right Issue -

Bond Issue - Private Placement -

III Position of Mobilisation and Deployment of Funds

Total Liabilities Total Assets

4 0 1 6 6 9 4 0 1 6 6 9

Sources of Funds

Paid-up Capital Reserves and Surplus

5 3 0 0 7 0

Secured Loan Unsecured Loans

- 7 1 1 9 9

Application of Funds

Net Fixed Assets Investments

8 0 8 8 4 6 7

Net Current Assets Misc. Expenditure

3 1 9 6 3 6 -

Accumulated Losses

IV Performance of Company (Rupees in Lacs)

Turnover Total Expenditure

1 4 3 3 2 9 1 1 5 2 8 7

Profit Before Tax Profit After Tax

4 2 3 2 5 2 6 8 3 7

Basic Earnings per share in Rs. Dividend Amount

5 3 6 7 5 0 0

V Generic Names of Three Principal Products/Services of Company

i) Product Description

C U R R E N C Y N O T E S

Item Code No. -

ii) Product Description

S E C U R I T Y P A P E R

Item Code No. -

iii) Product Description

C O I N S

Item Code No. -

ARVIND MAYARAM MADAN MOHANChairman and Managing Director Director (Finance)

SHIKHA TALREJAAsst. Company Secretary

36


27 laf{kIr rqyu i=%

¼#i, yk[k esa½

rqyu i= lkj vkSj daiuh dk lkekU; dk;Z ifjn`';

I iathdj.k C;kSjsiathdj.k la[;k jkT; dksM rqyu i= rkjh[k 1 4 4 7 6 3 5 5 3 1 0 3 2 0 0 7

II o"kZ ds nkSjku tqVkbZ xbZ iwathlkoZtfud fuxZe & jkbV~l b';q &ckaM fuxZe & futh fu;kstu &

III fufÌ;ksa ds laxzg.k vkSj fu;kstu dh fLFkfrdqy nsunkfj;ka dqy ifjlaifÙk;ka 4 0 1 6 6 9 4 0 1 6 6 9

fuf/k;ksa ds lzksrpqDrk iwath fjtoZ vkSj vfÌ'ks"k 5 3 0 0 7 0

izR;kHkwr _.k vizR;kHkwr _.k - 7 1 1 9 9

fufÌ;ksa dk iz;ksxfuoy vpy ifjlaifÙk;ka fuos'k 8 0 8 8 4 6 7

fuoy orZeku ifjlaifÙk;ka fofoÌ O;; 3 1 9 6 3 6 -

lafpr gkfu;kaIV daiuh dk fu"iknu ¼yk[k #i, esa½

VuZ vksoj dqy O;; 1 4 3 3 2 9 1 1 5 2 8 7

dj ls iwoZ ykHk dj ds ckn ykHk 4 2 3 2 5 2 6 8 3 7

izfr'ks;j ewy vk; ykHkka'k jkf'k 5 3 6 7 5 0 0

V daiuh ds rhu izÌku mRiknksa@lsokvksa dk tsusfjd ukei) mRikn fooj.k

d jsa lh uks Ven dksM la- &

ii) mRikn fooj.k iz fr Hkw fr dk x ten dksM la- &

iii) mRikn fooj.k fl d~ dsen dksM la- &

¼vjfoUn ek;kjke½ ¼enu eksgu½v/;{k o izcaÌ funs'kd funs'kd ¼foÙk½

¼f'k[kk ryjstk½lgk;d daiuh lfpo

36


SECURITY PRINTING AND MINTING CORPORATION OF INDIA LIMITED(Wholly owned by Government of India)

Schedule 26B

QTY. RS.

A.QUNTITATIVE DETAILS

SALES

COINS

1 Paise 50 NIL -

2 FSS 1 RS. COINS NIL -

3 FSS 2 RS. COINS 292500000 337,331,250.00

4 FSS 5 RS. COINS NIL -

5 COINS 125063500 144,016,750.00

6 MINTED COINS 31510000 362,100,500.00

7 COMMOMERATIVE COINS 71787 32,307,102.72

CURRENCY NOTES

8 Rs. 10 1200 1,066,800,000.00

9 Rs. 20 87 95,700,000.00

10 Rs. 50 1236 1,888,000,000.00

11 Rs. 100 1618 2,909,988,000.00

12 Rs. 500 402 1,125,300,000.00

13 Rs. 1000 100 369,100,000.00

SECURITY PAPER

14 BAND ROLL PAPER 41 14,147,398.00

15 NJSP GR II 1062 350,833,807.00

16 NJSP GR III 42210 360,291,330.00

17 PBNP AM 160 970,080.00

18 PBTP AS90GSM 210 1,082,760.00

19 PBTP AV90GSM 60 443,520.00

20 PBNP AR 3080 8,312,920.00

21 PBTP AZ (100/45UP) 820 6,547,040.00

22 PBPP AQ 1950 5,270,850.00

23 PBTP AT90GSM 560 4,064,480.00

24 PBTP AU90GSM 680 4,735,520.00

25 PBTP AX 90 (50/45UP) 220 1,785,080.00

26 RS. 20 (32 UP) 90GSM 9120 85,335,840.00

27 RS. 10 (50 UP) 90GSM 12635 140,468,243.00

28 RS. 50 (28 UP) 90GSM 20460 211,441,800.00

SECURITY PRINTING

29 MISC. ITEMS 53560587 1,580,207,767.00

30 NON POSTAL ITEMS 78719479 1,445,067,330.00

31 POSTAL ITEMS 63010100 91,711,797.00

MISC. ITEMS

32 WEIGHT & MEASURE 5611 10,556,279.00

33 MEDALS 56705 40,631,520.00

TOTAL 12,694,548,963.72

37


Hkkjr izfrHkwfr eqæ.k vkSj eqæk fuekZ.k fuxe fyfeVsM¼Hkkjr ljdkj ds iw.kZ LokfeRokÌhu½

vuqcaÌ 26[kek=k #i;s

d- ek=kRed C;kSjsfcØh

flDds

1 50 iSls 'kwU; -

2 ,Q,l,l 1 #i, ds flDds 'kwU; -

3 ,Q,l,l 2 #i, ds flDds 292500000 337,331,250.00

4 ,Q,l,l 5 #i, ds flDds 'kwU; -

5 flDds 125063500 144,016,750.00

6 <kys x, flDds 31510000 362,100,500.00

7 Lekjd flDds 71787 32,307,102.72

djsalh uksV8 10 #i, 1200 1,066,800,000.00

9 20 #i, 87 95,700,000.00

10 50 #i, 1236 1,888,000,000.00

11 100 #i, 1618 2,909,988,000.00

12 500 #i, 402 1,125,300,000.00

13 1000 #i, 100 369,100,000.00

izfrHkwfr dkxt14 ckaM jksy isij 41 14,147,398.00

15 ,uts,lih thvkj II 1062 350,833,807.00

16 ,uts,lih thvkj III 42210 360,291,330.00

17 ihch,uih ,,e 160 970,080.00

18 ihchVhih ,,l 90 th,l,e 210 1,082,760.00

19 ihchVhih ,oh 90 th,l,e 60 443,520.00

20 ihch,uih ,vkj 3080 8,312,920.00

21 ihchVhih ,tsM ¼100@45;wih½ 820 6,547,040.00

22 ihchihih ,D;w 1950 5,270,850.00

23 ihchVhih ,Vh90th,l,e 560 4,064,480.00

24 ihchVhih ,;w90th,l,e 680 4,735,520.00

25 ihchVhih ,,Dl 90 ¼50@45;wih½ 220 1,785,080.00

26 20 #i, ¼32 ;wih½ 90 th,l,e 9120 85,335,840.00

27 10 #i, ¼50 ;wih½ 90 th,l,e 12635 140,468,243.00

28 50 #i, ¼28 ;wih½ 90 th,l,e 20460 211,441,800.00

izfrHkwfr eqæ.k29 fofoÌ ensa 53560587 1,580,207,767.00

30 xSj Mkd ensa 78719479 1,445,067,330.00

31 Mkd ensa 63010100 91,711,797.00

fofoÌ ensa32 eki vkSj rkSy 5611 10,556,279.00

33 ind 56705 40,631,520.00

tksM+ 12,694,548,963.72

37


STOCK OF FINISHED GOODS

OPENING STOCK

COINS

1 Paise 50 35000 17,500.00

2 FSS 1 RS. COINS 69037500 69,037,500.00

3 FSS 2 RS. COINS 223847500 428,458,171.76

4 FSS 5 RS. COINS 49686000 248,430,000.00

5 COINS 152686540 321,950,086.00

6 MINTED COINS 583829640 1,339,256,110.12


CURRENCY NOTES

8 Rs. 10 96000 960,000.00

9 Rs. 20 23976 32,964,573.00

10 Rs. 50 59492.08 124,569,140.00

11 Rs. 100 23315.09 97,697,461.00

12 Rs. 500 1008.06 32,523,771.00

13 Rs. 1000 NIL -

SECURITY PAPER

14 NJSP GR II 199 59,675,114.00

15 NJSP GR III 1000 8,034,934.00

16 PBNP AA 390 2,391,027.00

17 PBNP R (50UP) R 4880 28,146,521.39

18 RS. 10 (50 UP) 90GSM 2715 28,922,985.00

19 RS. 10 (28 UP) 90GSM 2590 24,436,413.79

SECURITY PRINTING

20 MISC. ITEMS 4493635 20,389,805.00

21 NON POSTAL ITEMS 13752194 156,089,544.00

22 POSTAL ITEMS 7625200 4,323,351.00

MISC. ITEMS

23 WEIGHT & MEASURE 1729 7,973,287.00

24 MEDALS 5476 1,416,908.00

TOTAL 3,041,029,914.84

38


rS;kj'kqnk oLrqvksa dk LVkWd

vkjafHkd LVkWd

flDds

1 50 iSls 35000 17,500.00

2 ,Q,l,l 1 #i, ds flDds 69037500 69,037,500.00

3 ,Q,l,l 2 #i, ds flDds 223847500 428,458,171.76

4 ,Q,l,l 5 #i, ds flDds 49686000 248,430,000.00

5 flDds 152686540 321,950,086.00

6 <kys x, flDds 583829640 1,339,256,110.12

7 Lekjd flDds 19392 3,365,711.78

djsalh uksV

8 10 #i, 96000 960,000.00

9 20 #i, 23976 32,964,573.00

10 50 #i, 59492.08 124,569,140.00

11 100 #i, 23315.09 97,697,461.00

12 500 #i, 1008.06 32,523,771.00

13 1000 #i, 'kwU; -

izfrHkwfr dkxt

14 ,uts,lih th vkj 199 59,675,114.00

15 ,uts,lih thvkj 1000 8,034,934.00

16 ihch,uih ,, 390 2,391,027.00

17 ihch,uih vkj ¼50 ;wih½ vkj 4880 28,146,521.39

18 10 #i, ¼50 ;wih½ 90 th,l,e 2715 28,922,985.00

19 10 #i, ¼28 ;wih½ 90 th,l,e 2590 24,436,413.79

izfrHkwfr eqæ.k

20 fofoÌ ensa 4493635 20,389,805.00

21 xSj Mkd ensa 13752194 156,089,544.00

22 Mkd ensa 7625200 4,323,351.00

fofoÌ ensa

23 rksy ,oa eki 1729 7,973,287.00

24 ind 5476 1,416,908.00

tksM+ 3,041,029,914.84

38


CLOSING STOCK

COINS

1 Paise 50 35000 15,750.00

2 FSS 1 RS. COINS 74742500 64,403,225.00

3 FSS 2 RS. COINS 196125000 386,425,057.00

4 FSS 5 RS. COINS 49686000 193,278,540.00

5 COINS 154018254 170,126,516.00

6 MINTED COINS 528226760 1,213,032,435.79


CURRENCY NOTES

8 Rs. 10 17018169.42 219,073,102.00

9 Rs. 20 NIL -

10 Rs. 50 46021.82 104,641,986.00

11 Rs. 100 87539.62 215,411,037.00

12 Rs. 500 1.95 4,860,047.00

13 Rs. 1000 2.34 7,779,960.00

SECURITY PAPER

14 BAND ROLL PAPER 6 1,999,009.00

15 NJSP GR II 50 15,601,637.00

16 NJSP GR III 850 6,817,000.00

17 PBNP AN (R) 390 2,593,500.00

18 PBTP AS90GSM 50 232,000.00

19 PBTP AV90GSM 190 1,264,070.00

20 PBTP AW90GSM 950 7,563,900.00

21 PBTP AZ (100/45UP) 515 3,990,220.00

22 RS. 20 (32 UP) 90GSM 1630 15,251,910.00

SECURITY PRINTING

23 MISC. ITEMS 6115900 36,770,744.00

24 NON POSTAL ITEMS 36857745 239,219,436.00

25 POSTAL ITEMS 11383300 2,576,970.00

MISC. ITEMS

26 WEIGHT & MEASURE 1343 5,257,844.00

27 MEDALS 11096 1,469,689.00

TOTAL 2,930,246,763.77

39


lekiu LVkWd

flDds

1 50 iSls 35000 15,750.00

2 ,Q,Q,l 1 #i, ds flDds 74742500 64,403,225.00

3 ,Q,l,l 2 #i, ds flDds 196125000 386,425,057.00

4 ,Q,l,l 5 #i, ds flDds 49686000 193,278,540.00

5 flDds 154018254 170,126,516.00

6 <kys x, flDds 528226760 1,213,032,435.79

7 Lekjd flDds 31980 10,591,178.98

djsalh uksV

8 10 #i, 17018169.42 219,073,102.00

9 20 #i, 'kwU; -

10 50 #i, 46021.82 104,641,986.00

11 100 #i, 87539.62 215,411,037.00

12 500 #i, 1.95 4,860,047.00

13 1000 #i, 2.34 7,779,960.00

izfrHkwfr dkxt

14 ckaM jksy isij 6 1,999,009.00

15 ,uts,lih thvkj II 50 15,601,637.00

16 ,uts,lih thvkj III 850 6,817,000.00

17 ihch,uih ,,u ¼vkj½ 390 2,593,500.00

18 ihchVhih ,,l 90 th,l,e 50 232,000.00

19 ihchVhih ,oh 90 th,l,e 190 1,264,070.00

20 ihchVihih ,MCy;w 90 th,l,e 950 7,563,900.00

21 ihchVhih ,tsM90 th,l,e 515 3,990,220.00

22 20 #i, ¼32 ;wih½ 90 th,l,e 1630 15,251,910.00

izfrHkwfr eqæ.k

23 fofoÌ ensa 6115900 36,770,744.00

24 xSj Mkd ensa 36857745 239,219,436.00

25 Mkd ensa 11383300 2,576,970.00

fofoÌ ensa

26 rksy ,oa eki 1343 5,257,844.00

27 ind 11096 1,469,689.00

tksM+ 2,930,246,763.77

39


STOCK OF COINS BLANK

OPENING STOCK

COINS

1 Paise 50 35360000 1,568,013.00

2 FSS 1 RS. COINS 64601430 50,908,907.89

3 FSS 2 RS. COINS 27875000 26,831,308.19

4 FSS 5 RS. COINS 320000 1,313,302.14

CURRENCY NOTES

5 Rs. 10 2444 6,580.18

TOTAL 80,628,111.40

CLOSING STOCK

COINS

1 Paise 50 35360000 16,550,486.68

2 FSS 1 RS. COINS 58875000 46,396,216.80

3 FSS 2 RS. COINS 1125000 1,082,877.91

4 FSS 5 RS. COINS 320000 1,313,302.14

CURRENCY NOTES

5 Rs. 10 3704119 11,422,430.10

TOTAL 76,765,313.63

RAW MATERIAL CONSUMED

A INK 151830.317 493,874,990.00

170 25,107.00

32 48,343.00

INK NON MOVING STOCK W/O NIL 7,852,131.00

B PAPER 3180597.08 2,679,757,728.00

209022 28,976,553.00

1199 3,796,363.00

3010 132,755.00

190 10,241.00

PAPER NON MOVING STOCK W/O NIL 7,178,691.00

C FSS COILS 2008221.378 339,851,182.00

D WATER MARK PAPER 145389 1,824,167,975.58

E UNWATER MARK PAPER 3681 21,259,132.37

F COPPER NICKEL 142.44 44,172,603.00

G OTHERS MATERIAL NIL 253,961.00

H SECURITY FIBERS 3194.703 26,312,603.69

I SECURITY THREAD

MAGNETIC 71656.69 108,550,409.51

40


flDdk CykWdks dk LVkWd

vkjafHkd LVkWd

flDds

1 50 iSls 35360000 1,568,013.00

2 ,Q,l,l 1 #i, ds flDds 64601430 50,908,907.89

3 ,Q,l,l 2 #i, ds flDds 27875000 26,831,308.19

4 ,Q,l,l 5 #i, ds flDds 320000 1,313,302.14

djsalh uksV

5 10 #i, 2444 6,580.18

tksM+ 80,628,111.40

lekiu LVkWd

flDds

1 50 iSls 35360000 16,550,486.68

2 ,Q,l,l 1 #i, ds flDds 58875000 46,396,216.80

3 ,Q,l,l 2 #i, ds flDds 1125000 1,082,877.91

4 ,Q,l,l 5 #i, ds flDds 320000 1,313,302.14

djsalh uksV

5 10 #i, 3704119 11,422,430.10

tksM+ 76,765,313.63

[kir esa yk;k x;k dPpk eky

d L;kgh 151830.317 493,874,990.00

170 25,107.00

32 48,343.00

L;kgh dk vpy LVkWd MCY;w@vks 'kwU; 7,852,131.00

[k dkxt 3180597.08 2,679,757,728.00

209022 28,976,553.00

1199 3,796,363.00

3010 132,755.00

190 10,241.00

dkxt dk vpy LVkWd MCY;w@vks 'kwU; 7,178,691.00

x ,Q,l,l dkby 2008221.378 339,851,182.00

?k okVj ekdZ isij 145389 1,824,167,975.58

M- vuokVj ekdZ isij 3681 21,259,132.37

p dkWij fudy 142.44 44,172,603.00

N vU; lkexzh 'kwU; 253,961.00

t izfrHkwfr Qkbcj 3194.703 26,312,603.69

> izfrHkwfr Ìkxk

eSxusfVd 71656.69 108,550,409.51

40


YELLOW 7245.042 28,260,143.43

M-FEATURE 1348.8 56,450,488.67

J FURNACE OIL 4098.5 90,608,312.48

K BLEACHED COTTON LINTER 601.28 32,093,260.10

L COTTON COMBER 2904.34 105,825,490.65

M OTHER RAW MATERIAL 4380 8,582,420.00

337 212,647.00

3392529 266,943,185.00

N MISC. STORES NIL 8,420,483.00

MISC. STORES NON MOVING STOCK W/O NIL 3,900,032.00

TOTAL 6,187,517,231.48

PURCHASE OF RAW MATERIAL

A WATER MARK PAPER 145994 1,883,922,782.00

B WATER MARK PAPER (SPM) 28130 283,209,990.00

C UNWATER MARK PAPER (SPM) 7470 31,110,570.00

TOTAL 2,198,243,342.00

B. CIF VALUE OF IMPORT

(ON ACCRUAL BASIS)

CAPITAL GOODS 50,714,454.00

RAW MATERIAL 17,846,325,268.00

STORES & SPARES 118,934,593.00

COMPONENTS & SPARES PARTS 2,181,977.00

TOTAL 18,018,156,292.00

C. EXPENDITURE IN FOREIGN CURRENCY

(ON PAYMENT BASIS)

FOREIGN TRAVEL 2,039,720.00

MATERIAL SUPPLY 35,362,396.00

CAPITAL GOODS 220,294.00

SPARES & STORES 328,364.00

TOTAL 37,950,774.00

D. RAW MATERIAL CONSUMED

IMPORTED 1,702,833,546.67

INDIGENOUS 2,738,624,122.25

TOTAL 4,441,457,668.92

E. STORES & SPARES CONSUMED

IMPORTED 0,031,901.00

INDIGENOUS 112,900,890.82

TOTAL 122,932,791.82

41


;syks 7245.042 28,260,143.43

,e&Qhpj 1348.8 56,450,488.67

´ Qjul vkW;y 4098.5 90,608,312.48

V CyhPM dkWVu fyuVj 601.28 32,093,260.10

B dkWVu dkWEcj 2904.34 105,825,490.65

M vU; dPpk eky 4380 8,582,420.00

337 212,647.00

3392529 266,943,185.00

< fofoÌ LVksj 'kwU; 8,420,483.00

fofoÌ LVksj ukWuewfoax LVkWd MCY;w@vks 'kwU; 3,900,032.00

tksM+ 6,187,517,231.48

dPps eky dh [kjhn

d okVj ekdZ isij 145994 1,883,922,782.00

[k okVj ekdZ isij ¼,lih,e½ 28130 283,209,990.00

x xuokVj ekdZ isij ¼,lih,e½ 7470 31,110,570.00

tksM+ 2,198,243,342.00

[k vk;kr dh lhvkbZ,Q dk ewY;

¼miktZu vkÌkj ij½

iawthxr oLrq,a 50,714,454.00

dPpk eky 17,846,325,268.00

LVksj ,oa iqtsZ 118,934,593.00

?kVd ,oa dy iqtsZ 2,181,977.00

tksM+ 18,018,156,292.00

x fons'kh djsalh esa O;;

¼Hkqxrku ds vkÌkj ij½

fons'kh ;k=k 2,039,720.00

lkexzh dh vkiwfrZ 35,362,396.00

iwathxr oLrq,a 220,294.00

iqtsZ ,oa HkaMkj 328,364.00

tksM+ 37,950,774.00

?k [kir esa yk;k x;k dPpk eky

vk;kfrr 1,702,833,546.67

ns'kh 2,738,624,122.25

tksM+ 4,441,457,668.92

M- HkaMkj ,oa iqtsZ [kir

vk;kfrr 0,031,901.00

ns'kh 112,900,890.82

tksM+ 122,932,791.82

41


Security Printing and Minting Corporation of india Limited( Wholly Owned by Govt of India)

CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH, 2007

(Figures in Rs.)

31st March, 2007 31st March, 2006

A. CASH FLOW FROM OPERATING ACTIVITIESNet Profit before tax and extraordinary items 4,382,360,207 500,224,705

Depreciation 820,177,348 113,718,703Profit on sale of Fixed Assets (276,488)Provision for Obsolete Inventory 11,402,561Interest Paid 254,608,225 49,623,355Cash flow from operating activities before workingcapital adjustments 5,468,271,852 663,566,763

Working Capital Changes(Increase)/Decrease in Inventories (804,809,271) (9,579,452,319)(Increase)/Decrease in Receivables (1,322,826,970) (13,792,057,079)Increase/(Decrease) in Trade & Other Payables (75,524,071) 1,948,859,431Cash flow from operating activities before taxes 3,265,111,540 (20,759,083,204)

Less: Prior Period Items/Extra ordinary Items (NET) (141,697,504) -

NET CASH FLOW FROM OPERATING ACTIVITIES (A) 3,123,414,036 (20,759,083,204)

B. CASH FLOW FROM INVESTING ACTIVITIES

Purchase of Fixed Assets & expenditure on CWIP (320,990,398) (8,861,815,075)

Sale of Fixed Assets 44,515,369 -

Purchase of Investment (6,705,993) -

NET CASH FLOW FROM INVESTING ACTIVITIES (B) (283,181,022) (8,861,815,075)

C. CASH FLOW FROM FINANCING ACTIVITIES

Proceeds from issue of share capital - 500,000

Funds from Govt. of India 1,499,462,741 28,420,930,409

Proceeds on Borrowings (net) (3,989,037,094) 11,109,011,769

Grant from MOF - 41,994,800

Interest & Financial Charges (254,608,225) (49,623,355)

NET CASH FLOW FROM FINANCING ACTIVITIES (C) (2,744,182,577) 39,522,813,623

NET INCREASE/(DECREASE) IN CASH AND

CASH EQUIVALENTS (A+B+C) 96,050,437 9,901,915,345

Cash & Cash Equivalents at the beginning of the year 9,901,915,345 9,901,915,345

Cash & Cash Equivalents at the close of the year 9,997,965,782

M/S K M AGGARWAL & CO On Behalf of Security Printing and Minting Corporation of India Limited




Partner



42


Hkkjr izfrHkwfr eqæ.k vkSj eqæk fuekZ.k fuxe fyfeVsM¼Hkkjr ljdkj ds iw.kZ LokfeRokÌhu½

31 ekpZ] 2007 dks lekIr o"kZ ds fy, udnh izokg fooj.kh¼vkadM+s #i, esa½

31ekpZ, 2007 31ekpZ, 2006

d izpkyu xfrfofÌ;ka ls udnh izokgdj vkSj vlkÌkj.k enksa ls iwoZ fuoy ykHk 4,382,360,207 500,224,705

ewY;gzkl 820,177,348 113,718,703

vpy vkfLr;ksa dh fcØh ij ykHk (276,488)

vizpfyr eky ds fy, izkoÌku 11,402,561

lanÙk C;kt 254,608,225 49,623,355

dk;Z'khy iwath lek;kstuksa ls iwoZ izpkyuxfrfofÌ;ksa ls udnh izokg 5,468,271,852 663,566,763

dk;Z'khy iwath ifjorZu¼ekylwph esa of)@deh½ (804,809,271) (9,579,452,319)

izkI; oLrqvksa esa of)@deh (1,322,826,970) (13,792,057,079)

O;kikj vkSj vU; lans;ksa esa of)@deh (75,524,071) 1,948,859,431

djksa ls iwoZ izpkyu xfrfofÌ;ksa ls udnh izokg 3,265,111,540 (20,759,083,204)

?kVkb,% iwoZ vofÌ ensa@vlkÌkj.k ensa ¼fuoy½ (141,697,504) -

izpkyu xfrfofÌ;ksa ls fuoy udnh izokg ¼d½ 3,123,414,036 (20,759,083,204)

[k fuos'k lacaÌh xfrfofÌ;ksa ls fuoy udnh izokgvpy vkfLr;ksa dh [kjhn vkSj lh MCY;w vkbZ ih ij O;; (320,990,398) (8,861,815,075)

vpy vkfLr;ksa dh fcØh 44,515,369 -

fuos'k dh [kjhn (6,705,993) -

fuos'k lacaÌh xfrfofÌ;ksa ls fuoy udnh izokg ¼[k½ (283,181,022) (8,861,815,075)

x foÙkiks"k.k xfrfofÌ;ksa ls udnh izokg'ks;j iwath ds fuxZe ls vk; - 500,000

Hkkjr ljdkj ls fufÌ;ka 1,499,462,741 28,420,930,409

mÌkj ij vk; ¼fuoy½ (3,989,037,094) 11,109,011,769

foÙk ea=ky; ls vuqnku - 41,994,800

C;kt vkSj foÙkh; izHkkj (254,608,225) (49,623,355)

foÙkiks"k.k xfrfofÌ;ksa ls fuoy udnh izokg ¼x½ (2,744,182,577) 39,522,813,623

udnh vkSj udnh led{k esa fuoy o`f)@deh ¼d$[k$x½ 96,050,437 9,901,915,345

o"kZ ds vkjaHk esa udnh vkSj udnh led{k 9,901,915,345 9,901,915,345

o"kZ dh lekfIr ij udnh vkSj udnh led{k 9,997,965,782

eS- ds-,e- vxzoky ,aM daiuh Hkkjr izfrHkwfr eqæ.k rFkk eqæk fuekZ.k fuxe fy- ds fufeÙk vkSj mldh vksj lslunh ys[kkdkjlh-ih- feJ vjfoUn ek;kjke enu eksgu¼,e ua-& 73009½ v/;{k rFkk izcaÌ funs'kd funs'kd ¼foÙk½lka>snkjrkjh[k% 10-09-2007 f'k[kk ryjstkLFkku% ubZ fnYyh lgk;d daiuh lfpo

42

vuqØe - spmcil

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