P&L and B-sheet March 2009€¦ · DHBVNL 10th ANNUAL STATEMENT OF ACCOUNTS FINANCIAL YEAR 2008-09...

DHBVNL

10th ANNUAL STATEMENT OF ACCOUNTSFINANCIAL YEAR 2008-09

DAKSHIN HARYANA BIJLI VITRAN NIGAM LIMITEDRegistered Office : Vidyut Sadan, Vidyut Nagar, Hisar :- 125005 (Haryana)

ParticularsReference

of Schedule

Sources of FundsShare holders fundsShare capital 1 9,464,177,461 8,064,177,461 Reserves and surplus 2 272,320,700 301,661,234 Sub Total 9,736,498,161 8,365,838,695 Capital Consumer Contribution and grants 3 5,357,790,767 4,403,881,743 Loan FundsSecured Loans 4 9,316,438,865 5,061,475,231 Unsecured Loans 5 14,518,445,879 8,064,756,920 Sub Total 23,834,884,744 13,126,232,151 Consumers Security Deposits 6 4,618,353,083 3,943,899,329 Total - 43,547,526,755 - 29,839,851,919 Application of FundsFixed AssetsGross Block 22,923,768,868 18,926,809,774 Less : Accumulated Depreciation 8,431,409,981 7,010,171,388 Net Block 14,492,358,887 11,916,638,386 Capital work in Progress 8 7,066,786,636 3,850,678,794 Total Fixed Assets 21,559,145,524 15,767,317,180 Contingency Reserve Investment 12 324,791,337 233,796,582 Current Assets ,Loans & advancesStores and spares 9 1,753,734,628 2,743,220,344 Sundry Debtors 10 10,551,073,386 7,272,556,153 Cash and Bank Balances 11 2,229,047,725 1,600,028,581 Loans and Advances 13 549,286,390 269,638,587 Other Current Assets 14 7,519,382,078 646,054,367 Receivable From GOH 15 9,428,015 305,000,986 Total : Current Assets 22,611,952,222 12,836,499,018 Less : Current Liabilities and Provisions 16 16,442,753,850 8,954,887,321 Net Current Assets 6,169,198,372 3,881,611,697 Miscellaneous Expenditure 17 2,884,576,000 - (to the extent not written off or adjusted)

Profit and (Loss) Account ( Debit Bal.) 12,609,815,523 9,957,126,460 Total 43,547,526,755 - 29,839,851,919 CheckCash Flow Statement 29Significant Accounting Policies and 30 Notes on Accounts : -

549,864,000 681,052,000

- -

As per our report of even date attached ( T.K.DHINGRA) (ANURAG AGARWAL)FOR ASHOK KUMAR GOYAL & CO. Director/Projects Managing DirectorChartered Accountants

(ASHOK KUMAR GOYAL) (J.S. KADIAN) ( M.B. VASHISTH)CGM/Accounts Director/Operations

Place : Place : Date : Date :

DAKSHIN HARYANA BIJLI VITRAN NIGAM LIMITED

BALANCE SHEET AS AT MARCH 31,2009

31-3-2008 (Rs.)

For and on behalf of Board of Directors

31-3-2009 (Rs.)

7

M. No. 017644

Contingent Liability on account of cases/suits filed by the third parties against the Nigam.(In Rs.)

Schedules 1 to 29 & 30 referred to above form an integral part of Balance Sheet

Contingent Liability on account of FBT can be quantified only on the final order of the High Court.

Partner


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

Sr. No.

Head of Account Particulars Ref. of Schedule 31-3-2009

(Rs.)31-3-2008

(Rs.)

INCOME1 61 Revenue from sale of power 18 31,563,233,441 26,862,475,790

61 Fuel Surcharge Adjustment 18 3,514,589,108 3,041,931,775 2 62 Other revenue 19 1,211,659,013 493,642,576 3 63 Revenue subsidies &grants 21 10,053,441,431 8,292,000,000 4 Sub Total 46,342,922,993 38,690,050,141

EXPENDITURE5 70 Purchase of power 22 37,053,648,316 32,692,686,968

70 Fuel Surcharge Adjustment 22 2,888,089,108 3,718,585,108 6 74 Repairs & Maintenance 23 333,860,597 349,918,557 7 75 Employees cost 24 4,902,740,685 2,460,128,103 8 76 Administrative & general expenses 25 603,270,058 440,905,677 9 77 Depreciation & related debits 26 970,110,927 686,560,713

10 78 Interest & finance charges 27 1,797,442,229 1,160,946,742 11 Sub Total 48,549,161,921 41,509,731,868 12 79 Other debits 28 446,289,840 24,125,713 13 Net expenditure total 48,995,451,761 41,533,857,581 14 Profit /(Loss) before tax (2,652,528,767) (2,843,807,441)

Fringe Benefit Tax 4,395,993 4,441,489 Profit /(Loss) after FBT (2,656,924,760) (2,848,248,930)

15 Provision for income tax16 Profit/(Loss)after tax (2,656,924,760) (2,848,248,930) 17 65/83 Net Prior Period Credit/(Charges) 20 4,235,698 98,355,527 19 Profit/(Loss) available for Appropriation (2,652,689,063) (2,749,893,403) 20 Statutory Appropriation21 Transfer to Contingency Reserve 28 - 63,880,000 22 Profit /(Loss) after appropriation (2,652,689,063) (2,813,773,403) 23 Loss brought forward from previous year (9,957,126,460) (7,143,353,057) 24 Loss carried to Balance Sheet (12,609,815,523) (9,957,126,460)

Earning per Share (on nominal value of Rs. 1000 per Share)Basic (Rs. (395.86) (480.74) Diluted (Rs.) (362.36) (375.59)


As per our report of even date attached ( T.K.DHINGRA) (ANURAG AGARWAL)FOR ASHOK KUMAR GOYAL & CO. Director/Projects Managing DirectorChartered Accountants

(J.S. KADIAN) ( M.B. VASHISTH)CGM/Accounts Director/Operations

(ASHOK KUMAR GOYAL)PartnerM. No. 017644

Place : Place : Date : Date :

Statement pursuant to part IV of schedule VI to Company Act-1956Balance sheet abstract and Company General Business profile.

I.

Registration No. 05-34165State Code 5Balance sheet date 31.3.2009

II.

Authorised share capital Rs. 10,000,000,000 Share allotted Rs. 8,064,176,000 Share application money pending allotment Rs. 1,400,001,461 Bonus issue Rs. - Right issue Rs. - Public issue Rs. -

III.

Total Liabilities Rs. 59,990,280,605 Total Assets Rs. 59,990,280,605

Rs. 9,464,177,461 Rs. 272,320,700 Rs. 9,316,438,865 Rs. 14,518,445,879 Rs. 4,618,353,083 Rs. 5,357,790,767

IV

Rs. 21,559,145,524 Rs. - Rs. 324,791,337 Rs. 6,169,198,372 Rs. 2,884,576,000 Rs. 12,609,815,523

VTurn over Rs. 46,342,922,993 Total Expenditure Rs. 48,995,612,056 Profit/(Loss)before tax Rs. (2,652,528,767) Profit(Loss) after tax Rs. (2,656,924,760)

VI. Generic name of three principal products/Services of Company (as per monetary terms)

Product code Not applicableProduct description Distribution of power

( T.K.DHINGRA)Director/Projects

(J.S. KADIAN)CGM/Accounts


Director/Operations

(ANURAG AGARWAL )Managing Director

( M.B. VASHISTH)

Share capital

Performance of Company

Consumer security deposit Consumer contribution & grantApplication of funds

Total fixed assets

Profit and loss account -Losses

Regulatory Assets

Reserve and surplus

Net Current assets


Registration details

Capital raised during the year

Source of funds

Position of mobilization and deployment of funds

Misc. expenditure

Secured loanUn-Secured loans

Investments

Particulars Account Code

31-3-2009 Rs. 31-3-2008 Rs.

Authorised :-100,00,000 Equity Shares of Rs. 1000/- each 10,000,000,000 10,000,000,000 Issued, Subscribed and Paid-up 80,64,176 (Prevoius year-57,20,176) Equity Shares of Rs. 1000/- each fully paid 54.502 8,064,176,000 5,720,176,000

Share Application Money Pending Allotment 54.501 1,400,001,461 2,344,001,461 Grand Total 9,464,177,461 8,064,177,461

1) Break up of Share application money pending allotment:-

Particulars 2008-2009 2007-2008As per last account 2,344,001,461 1,016,501,461 Add:- Receipt/Adjustment during the year 1,400,000,000 1,327,500,000 Less:- Transfer to paid up capital 2,344,000,000 - Closing Balance at the end of the year 1,400,001,461 2,344,001,461

2) Break up of Equity Shares fully paid up:-

Particulars 2008-09 2007-2008As per last account 5,720,176,000 5,720,176,000 Add:- Transfer from share application money account 2,344,000,000 - Closing Balance at the end of the year 8,064,176,000 5,720,176,000

GOH- Total No. of Shares = 3691441 Nos.

Total:

Dakshin Haryana Bijli Vitran Nigam Limited

SCHEDULE-1 SHARE CAPITAL

3,691,441,000

8,064,176,000

HVPNL Total no. of Shares =4372735 Nos. Out of the above 4372725 nos. fully paidup

shares are allotted in persuant to a contract for consideration other than cash.

4,372,735,000

3. Break-up of Paid up Share Capital between GOH & HVPNL as on 31.3.2009

Particulars Account Code 31-3-2009 Rs.

31-3-2008 Rs.

Contingency Reserve 56.680 272,320,700 272,320,700 Cost Variance Reserve 56.610 - 29,340,534 Grand Total 272,320,700 301,661,234

Contingency Resrve:-2008-09 2007-08

272,320,700 208,440,700 - 63,880,000

272,320,700 272,320,700

Cost Variance Reserve:-2008-09 2007-0829,340,534 -

(29,340,534) 29,340,534 - 29,340,534


SCHEDULE-2 RESERVES AND SURPLUS

As per last Accounts

Total

Current year provisionTotal

As per last AccountsCurrent year provision/adjustment


31-3-2009 Rs.

31-3-2008 Rs.

Capital Reserve:-Service line contributions received under the Electricity(Supply) Act 1948,as at the beginning of the year

5,259,250,956 4,413,774,747

Add: Contributions received during the Year 55.110 to 55.150 1,107,601,035 845,476,209

Total Receipts 6,366,851,991 5,259,250,956

Less: Depreciation pertaining to assets created from Consumer Contribution

55.4 1,689,326,423 1,272,631,445

Sub Total-1 4,677,525,568 3,986,619,511 Subsidies towards Cost of Capital Assets 55.2 1,869,000 - Grant from APDP 55.301 592,150,500 592,150,500 Grant from PMGY 55.302 6,532,000 6,532,000 Grant from Kutir Jyoti 55.303 26,517,500 26,517,500 Grant from Member Parliament 55.304 21,378,070 21,132,070 Incentive from GOI/GOH for improvement of Distribution System 55.305 28,620,000 28,620,000

Grant under RGGVY Scheme. 55.306 314,365,000 - Donated Land 55.315 100 100 Total Grants received towards cost of capital assets 55.3 991,432,170 674,952,170

Less: Depreciation pertaining to assets created from Grants

55.5 311,166,970 257,689,937

Sub Total-2 680,265,200 417,262,233 Net Total 5,357,790,767 4,403,881,743

Notes:-

3. Grant from Member Parliament includes Rs. 246000/- received during FY 2008-09 on account of release of Dhani Connections in Op. Divn. Tohana.

2. A sum of Rs.5,34,77,033/- (previous year Rs. 5,35,06,904/-) written back on the opening balance of Grant towards depreciaiton by crediting to 77.150.


SCHEDULE-3 CAPITAL-CONSUMER CONTRIBUTION AND GRANTS

1. A sum of Rs.41,66,94,978/- (previous year Rs.34,99,49,172/-) written back on the openingbalance of Consumer Contribution towards depreciation by crediting to GH-77.150.


31-3-2009 Rs. 31-3-2008 Rs.

Cash credit limits with banks 50.1 2,017,553,700 1,232,754,436 Bank Over drafts 50.2 - 69,320,986 Sub Total (A) 2,017,553,700 1,302,075,422 Capital loans Loan from REC for Re-financing of IBRD Loans 53.302 & 53.303 152,351,254 166,125,676 Loan from PFC under R-APDRP 53.306 202,447,020 - Loans from Commercial Banks for Electrification Schemes 53.510 & 53.511 838,582,216 949,676,353 Loan from REC for Procurement of material 53.518 & 53.519 361,111,106 694,444,442 Sub Total-(B) 1,554,491,596 1,810,246,471 Secured Working Capital Loans from Commercial Banks 53.547 & 53.548

5,744,393,569 1,949,153,338 Sub Total-(C) 5,744,393,569 1,949,153,338 Total (A+B+C) 9,316,438,865 5,061,475,231

Detail of Secured Working Capital Loans from Commercial Banks : --31-3-2009

Rs. 31-3-2008 Rs.

258,331,400 447,497,100 809,840,339 758,408,415 383,140,935 483,247,823 883,303,289 260,000,000

1,831,987,247 - 952,380,800 - 625,409,559 -

5,744,393,569 1,949,153,338

Sanctioned limitAvailed as on 31-03-

2009 800,000,000 289,325 500,000,000 101,240,027 1,770,000,000 1,769,899,664

State Bank of Patiala 500,000,000 146,124,684 2,017,553,700

Vijay Bank HisarOBC PanchkulaIndian Overseas Bank Panchkula

OBC Panchkula

In addition to this the following cash credit limits are arranged from commercial banks against the security of hypothecation of book debts/receivables of the Nigam

Name of Banks

Vijaya Bank HisarIndian Bank Hisar


SCHEDULE-4 SECURED LOANS

Total

Allahabad Bank Hisar

Total

Name of Banks

State Bank of Patiala HisarSyndicate Bank HisarIndian Bank Hisar

Note 1 :- Secured Working Capital loans from the following Commercial Banks are secured againsthypothecation of Book Debts/Receivables of the Nigam.

Note 3 :- Loans from commercial banks for electrification schemes is against the security of T&D assets of the Nigam.

Note 4 :- Loan from REC for procurement of material is secured against hypothecation of T&D stores.

Note 2 :- Loan from REC for Refinancing of IBRD loan is secured against hypothecation of existing fixed assets of Operation Division Ch. Dadri to the extent of 130% of the loan amount.


31-3-2009 Rs.

31-3-2008 Rs.

A) State Government-HVPNLI)Loans from NABARD 53.400 & 53.401 68,371,400 95,834,800 ii) Loan from APDRP 54.212 & 54.213 487,749,245 511,874,350 iii) Loan from PMGY 53.516 & 53.517 12,678,630 13,278,940 Sub Total A ( i to iii ) 568,799,275 620,988,090 B) Guranteed by State Govt.i) Loan from PFC 53.527 & 53.537 198,813,736 236,678,680 ii) Loans from REC 53.300 & 53.301 5,541,911,459 3,681,966,846 iii) Loan from NCR 53.514 & 53.515 878,514,583 261,014,422 Loan from REC against RGGVY Scheme 53.551 & 53.552 30,467,000 -

IV) Un-Secured Loans from Commercial Banks for working capital 53.512 & 53.513 7,299,939,826 3,264,108,882

Sub-Total B (i to iv) 13,949,646,604 7,443,768,830 Grand Total (A+B) 14,518,445,879 8,064,756,920

31-3-2009 Rs.

31-3-2008 Rs.

2,264,779,455 1,142,009,189 518,358,380 885,024,845

- 113,218,486 - 1,123,856,362

1,000,000,000 - 527,273,618 - 720,568,157 -

2,017,904,152 - 251,056,064 -

7,299,939,826 3,264,108,882

Vijaya Bank Hisar

Detail of Un-Secured Loans from Commercial Banks for working capital.


SCHEDULE-5 UNSECURED LOANS

Note:-1. The above loans have been classified as unsecured loans as no tangible security givento the lendersNote:-2 Repayment due within one year i.e during FY 2009-10 is Rs.6185.00 lacs (previous yearRs.5427.47 lacs)

Total

Name of Banks

Indian Overseas Bank HisarOriental Bank of Commerce

Indian Overseas Bank PanchkulaAllahabad Bank PanchkulaCentral Bank of India PanchkulaBank of India PanchkulaPanjab National Bank Panchkula

Panjab National Bank Hisar


31-3-2008 Rs.

Security Deposits from Consumers 48.1 4,511,150,863 3,848,489,709 Interest payable on Consumers Deposits 48.3 107,202,220 95,409,621

Grand Total 4,618,353,083 3,943,899,329


SCHEDULE-6 CONSUMER SECURITY DEPOSITS

Note :- Amount of Security Deposit shown against GH-48.1 as on 31/03/2009 includes interestbearing meter security deposit from consumers.

Sr.N

o.

Asset CategoryOpening Balances as on 1-4-2008

Rs.

Addition during the year

Disposal during the year

At the end of year March 2009 Rs.

Opening Balances as on 1-

4-2008 Rs.

Addition during the year

Disposal during the year

At the end of yearMarch 2009 Rs.

Closing as on 31-3-2009

Rs.

Closing as on 31-3-2008 Rs.

1 2 3 4 5 6 7 8 9 10 11 12

1 Land 248,435,164 - 359,802 248,075,361 - - - - 248,075,361 248,435,164

2 Building and Civil Structure

806,385,185 57,367,985 2,910,890 860,842,279 167,638,556 24,267,176 191,905,732 668,936,547 638,746,629

3 Plant & Machinery-T&D 17,671,886,965 3,959,376,566 34,591,971 21,596,671,560 6,726,568,420 1,400,158,807 19,044,345 8,107,682,882 13,488,988,678 10,945,318,545

4 Vehicles 111,826,671 2,745,065 488,020 114,083,716 87,419,895 6,838,608 94,258,503 19,825,213 24,406,776

5 Furniture and Fixtures 88,275,790 15,922,864 102,702 104,095,952 28,544,517 9,018,347 37,562,864 66,533,088 59,731,273

Total 18,926,809,775 4,035,412,479 38,453,386 22,923,768,868 7,010,171,388 1,440,282,938 19,044,345 8,431,409,981 14,492,358,887 11,916,638,386

Previous Year 14,455,410,650 4,496,522,395 25,123,271 18,926,809,775 5,937,095,726 1,090,016,789 16,941,127 7,010,171,388 -

Note-4:- The Land for 33 KV Sub Station Chang donated by Gram Panchayat, Village Chang is recorded at nominal value of Rs. 100/- in above assets.

Note-1:-Since the Company is engaged in the Electricity Distribution business and all the assets are used in this business only, the function-wise details of assets are not required.Note-2:-The Assets created out of consumers contribution amounting to Rs. 525,92,50,956/-(Prevoius Year Rs.441,37,74,747/-) included in the gross block against Plant & Machinery (T&D) category anddepreciation of Rs.41,66,94,978/- @7.93% average rate of depreciation on T&D category of assets (Previous Year Rs.34,99,49,172/-) Charged on the assets created out of consumers contribution is alsoincluded in the addition of depreciation against category T&D.

Note-3:- The above assets also includes the assets created out of Grants received from GOH/GOI amounting to Rs. 98,95,63,070/-. The depreciation on these assets is Rs5,34,77,033/- @ average rate ofdepreciationon T&D which is 7.93% is also included in the depreciation of T&D assets.


SCHEDULE-7 CATEGORY-WISE BREAKUP OF FIXED ASSETS

Net Block

(Amount in Rs.)

Gross Block Provision for Depreciation


31-3-2009 Rs.

31-3-2008 Rs.

DistributionCapital Work in progress 14 6,319,016,710 3,215,565,258 Total GH-14 6,319,016,710 3,215,565,258 2. Advances to Suppliers/Contractors(capital)a) Interest bearing 25.1 12,949 12,949 b) Interest free 25.5 747,776,120 633,383,729 c) Material received but not taken in books 25.6 1,442 1,737,442

e) Less : Provisions 46 20,584 20,584 Total(a+b+c+d-e) 747,769,927 635,113,536

4. Grand Total (1+2) 7,066,786,636 3,850,678,794


SCHEDULE-8 CAPITAL WORK IN PROGRESS

Note: The allocation of interest amounting to Rs.65,07,95,922/- has been made to the respective project codes on proportionate basis on the average of monthly closing balance of CWIP.


31-3-2009 Rs.

31-3-2008 Rs.

Capital stores and sparesCapital Material Purchase-Steel 22.201 627,567 627,567 Workshop Store/Spares 22.22 & 22.32 3,954,795 3,978,385 World Bank Material 22.24 & 22.25 - - Meter Stock/Metering Equipment 22.604 & 22.609 221,812 221,812 Sub Total-1 Capital Store 4,804,174 4,827,764 Stock Adjustment 22.5 1,368,096 1,368,096 O&M stores and spares 22.62 871,449,852 1,592,275,978 O&M stock of T/F with T&S Hisar 22.623 - 737,513 O&M Material Stock-Others 22.639 9,636,163 6,202,075 Sub Total-2 O&M Store 882,454,111 1,600,583,662 Stores and spares at site(capital) 22.640 449,740,032 732,908,079 Stores and spares at site(World Bank) 22.641 (0) (0)Stores and spares at site(O&M) 22.650 36,181,951 33,604,281 Sub Total-3 MASA 485,921,983 766,512,359 Material in Transit & other material A/C 22.68&22.69,22.7 405,895,858 390,115,310 Material Stock-Excess/shortages pending investigations 22.8 2,341,386 1,088,188

Sub Total-4 408,237,243 391,203,498 Grand Total(1+2+3+4) 1,781,417,511 2,763,127,282 Less: Provision against obsolete stock 46.201 27,682,883 19,906,938 Net Total 1,753,734,628 2,743,220,344

Note-1:- Stores & Spares includes slow moving and non moving stores worth Rs.391.34 lacs(Previous year Rs.313.61 Lacs) & Rs.276.83 Lacs (Previous year Rs.260.61 Lacs) respectively &the same have not been declared obsolete so far .

Note-2:- Stores & Spares of Rs.149521/- declared as obsolete by COS, Hisar accounted forduring FY 2002-03 has not been disposed off and is appearing against GH-22.760.


SCHEDULE-9 STORES AND SPARES


31-3-2009 Rs.

31-3-2008 Rs.

Sundry Debtors for Sale of Power23.101-131& 23.301-331&

23.803 3,499,557,976 4,468,527,929

Sundry Debtors for Electricity Duty23.201-231& 23.334-364 &

23.804 579,098,543 499,615,986

Sundry Debtors for Municipal Tax 23.234-264& 23.367-397 134,715,553 124,122,698

Sundry Debtors for Surcharge23.172-198& 23.712-738 &

23.805 7,093,676,405 6,172,374,602

Provision for Un-billed Revenue 23.4 1,082,515,820 932,592,846 Sundry Debtors for Inter State Sale of power 23.6 1,993,197,215 -

Dues from Permanently Disconnected consumers - -

A) Sale of Power 23.501-531 3,229,871,888 2,929,797,984 B) Electricity Duty 23.534-564 83,640,222 75,633,926 C) Municipal Tax 23.567-597 10,463,845 8,819,494 Sundry Debtors for Misc. Receipts from consumers 23.7 11,243,550 11,243,550

Debtors for FSA 23.141-171& 23.741-771 749,552,228 408,848,143

Sub Total 18,467,533,244 15,631,577,157 Less: Provision for doubtful dues from consumers other than surcharge 23.9 1,796,123,851 1,796,123,851

Less: Surcharge levied but not realised 23.934 6,120,336,007 6,562,897,153

Less: Advance receipt from GOH against EAWS 23.971 -

Net Total 10,551,073,386 7,272,556,153 Out of the aboveDebtors for more than six months 14,253,890,373 14,162,911,157 Other Debtors 4,213,642,871 1,468,666,000 Sub Total 18,467,533,244 15,631,577,157 Less: Provision for doubtful dues from consumers 7,916,459,858 8,359,021,004

Net Debtors 10,551,073,386 7,272,556,153 (a) Debts considered good and in respect of which company is fully Secured

4,618,353,083 3,943,899,329

(b) Debts considered good for which the company holds no security other than debtors personal security

5,932,720,303 3,328,656,823

(c) Debts considered doubtful or bad 7,916,459,858 8,359,021,004 Total 18,467,533,244 15,631,577,157

Notes:-

2.The Sundry Debtors for surcharge prior to 9/2003 includes in the Sundry Debtors for Sale of Power.


SCHEDULE-10 SUNDRY DEBTORS

Existing provision for bad & doubtful debts in respect of Sale of Power is sufficient to meet withthe amount of bad debts on this account.


31-3-2009 Rs.

31-3-2008 Rs.

Cash in handCash in hand and Imprest with staff 24.1 & 24.2 6,377,982 1,833,256 Balances with Scheduled BanksIn Current Accounts 24.3&24.4 727,105,574 441,056,787 Cash credit limit with Vijaya Bank Panchkula (Debit balance) 50.1 5,373,233 - Inter Unit Accounts-Remittance to Head Office 33 1,150,473,969 1,049,408,744 In Deposit Accounts 20.280 - 107,729,794 Investment of amount receivedagainst RGGVY Grant in fixeddeposit.

20.281339,716,967 0

Total 2,229,047,725 1,600,028,581

Note :- Rs.115,04,73,969/-/-(Previous year Rs.104,94,08,744/-) relating to remittances tohead office as per books of accounting units under GH-33.


SCHEDULE-11 CASH AND BANK BALANCES


31-3-2008 Rs.

Contingency Reserve investment 20.297 324,791,337 233,796,582

Total 324,791,337 233,796,582

Long Term Investment:


SCHEDULE-12 CONTINGENCY RESERVE INVESTMENT


31-3-2008 Rs.

House Building Advance 27.101 95,631,182 76,335,014 Scooter Advance 27.102 9,503,834 8,487,031 Car Advance 27.103 5,913,709 2,336,522 Total Secured Loans & Advances 111,048,725 87,158,567

Advances for Operation & Mtc. Supplies 26.1 to 26.9 236,421,688 5,899,521 Cycle, Marriage & Computer Advance 27.104,108&109 98,207,466 83,318,935 TA & Pay Advance (interest free) 27.201&202 273,592 511,032 Festival, Wheat advance, Other loans & Adv. Of GIS Premium (interest free)

27.203,204,207 & 208 4,148,882 3,332,688

Loans and advances to Licensees 27.3 814,604 814,604 Advance income Tax Deduction at source except 27.411 27.4 14,180,135 9,567,157 Advance Fringe Benefit Tax deposited with I.T. Deptt. 27.411 85,986,715 80,784,000 Loans and advances -others 27.8 518,653 566,153 Total Un-Secured Loans & Advances 440,551,735 184,794,090 Less:Provision for doubtful loans and advances

27.9 & 46.218-221 2,314,070 2,314,070

Net Un-Secured Loans & Advances 438,237,665 182,480,020 Total Loan & Advances (A & B) 549,286,390 269,638,587

( B ) Un-Secured Loans & Advances

( A) Secured Loans & Advances


SCHEDULE-13 LOANS AND ADVANCES(Considered good unless otherwise stated)


31-3-2009 Rs.

31-3-2008 Rs.

Sundry debtors-Trading Accounts 28.1 56,542,806 57,871,861 Income accrued and due on Investment etc. 28.2 349,903 349,903

Income accrued but not due 28.3 46,413,681 41,427,221 Amount receivable from employees and Ex- employees 28.4 39,590,967 38,129,781 Other claims and receivable (except 28.784) 28.7 11,282,607 11,329,437

Other receivable (except 28.876,877& 879)& 28.890 28.8 6,360,463,685 76,281,936

Fuel Surcharge adjustable account 28.841 128,481,861 340,455,590 Deposit with Income Tax Deptt. against disputed liabilities of TDS on payment of Transmission and SLDC Chages.

28.938 150,000,000

- Deposits (except 28.938) 28.9 67,084,536 75,941,909 Old balances to be re-stated (Net) 28.860 & 46.940 630,635 630,635 Receivable from UHBVNL 28.877 383,504,152 89,814,303 Receivable from HVPNL 28.879& 46.993 148,631,610 (169,954,975) Sub Total-1 7,392,976,444 562,277,601 Assets not in use 16.1 12,997,406 12,693,842 IUT- Material Accounts 31 - - IUT-Material 32 - - IUT -Personnel Transaction 36 77,147 9,055,910 IUT- Other Transaction/Adjustments 37 71,641,176 (341,577) Sub Total-2 84,715,728 21,408,175 Receivable from GPF Trust (HVPNL) 57.120-123 69,015,001 89,693,686

(A) Total (1+2) 7,546,707,173 673,379,462 Less: Provisions 46.2 17,322,475 17,322,475 Less : IUT Provisions 46.2 10,002,620 10,002,620 (B) Total Provisions 27,325,095 27,325,095 NET TOTAL (A-B) 7,519,382,078 646,054,367 Net Current Assets 7,519,382,078 646,054,367

Note-1:- Receivable from HPGCL against GH-28.876 has been ajusted against GH-46.994 inSchedule-16 (Payable to HPGCL).

Note-2:-Out of Rs. 611.65 crores (previous year Rs. 221.57 crore) an amount of Rs. 2.73 crore (previous year 2.73 crore) has been considered as doubtful.


SCHEDULE-14 OTHER CURRENT ASSETS


31-3-2009 Rs.

31-3-2008 Rs.

Intt accrued on unpaid subsidy receivable from GOH 28.291 - -

Deffered subsidy receivable from GOH 28.641 - 150,500,986 Amount receivable from GOH on account of EAWS-2005 28.890 9,428,015 154,500,000

Total 9,428,015 305,000,986


SCHEDULE-15 RECEVIABLE FROM GOH FOR SUBSIDY INCLUDING INTEREST


31-3-2009 Rs.

31-3-2008 Rs.

Liability for purchase of power to HVPNL (Wheeling Chaeges) 41.156 954,795,574 (84,333,175)

Liability for purchase of power to others

41.1, 41.2& 41.3 (except 41.156 7,051,499,147 5,464,871,664

Total liability for purchase of power 8,006,294,721 5,380,538,489 Liability for Capital supplies/Works 42.1 to 42.3 1,868,511,179 1,650,680,968 Liability for O&M supplies/Works 43.1 to 43.4 150,472,746 92,941,601 Staff related Liabilities and provisions 44.1 to 44.4 1,183,139,640 194,346,253 Interest due on staff security 51.209 8,708 5,934 Sub total-1 11,208,426,994 7,318,513,245 Deposits and retention from suppliers and contractors 46.1,46.2 1,625,589,905 1,050,592,801 Electricity Duty Payable to Govt. 46.3 399,910,635 286,260,377 Liability for expenses 46.4 84,006,390 57,447,047 Municipal Tax payable 46.5 221,436,366 148,918,551 Interest accrued but not due on borrowings 46.7 34,590,890 19,850,676 Other Liabilities and provision (except 46.993, 994 & 995) 46.9 843,819,742 142,441,123 Payable to HPGCL(Other than Power Purchase) 46.994& 28.876 44,408,975 44,926,628 Sub Total-2 3,253,762,904 1,750,437,204 Deposits for electrification/ service connection 47 709,779,907 624,018,071 Inter Units Accounts - Funds Transfer from Head Office 34 157,511,161 333,411,327 IUT-Head Office Transaction 35 4,024,830 (1,372,024,542) Payable to Pension Trust (HVPNL) 57.1 & 28.784 1,083,816,244 288,172,227 Payable to GPF Trust (DHBVNL) 57.160-163 6,844,683 5,822,662 Payable to Pension Trust (DHBVNL) 57.141&142 18,587,128 6,537,128 Sub Total-3 1,980,563,952 (114,063,128) Grand Total (1+2+3) 16,442,753,850 8,954,887,321

Note-2:- Payables to HVPNL against GH-46.993 has been ajusted against GH-28.879-Schedule-14 (Receivable from HVPNL).

Note-1:- Payable to UHBVNL against GH-46.995 has been ajusted against GH-28.877-Schedule-14 (Receivable from UHBVNL).


SCHEDULE-16 CURRENT LIABILITIES AND PROVISIONS


31-3-2009 Rs.

31-3-2008 Rs.

Deffered expenditure (to the extent yet to be written off) 18.4 2,884,576,000 -

Total 2,884,576,000 -

Order dated 5-12-2006

Order dated 18-7-2008

Total amount of FSA 5,536,800,000 2,126,800,000 4,306,400,000 472,624,000

Balance amount show as deffered expenditure 1,230,400,000 1,654,176,000 Less already charged to P&L account upto 3/2009


SCHEDULE-17 MISCELLANEOUS EXPENDITURE

Detail of deffered expenditure

Sr.No. Particulars Account Code 31-3-2009 Rs.

31-3-2008 Rs.

1 Revenue from inter state sale of power 61.1 1,969,898,039 -

2 Within state sale of power

a) Domestic supply 61.201-61.202,61.231 6,763,990,015 6,058,734,609

b) Non domestic supply 61.203 2,918,747,007 2,741,400,711 c) Industrial supply

i) Industrial supply LT 61.210 2,383,164,861 2,311,686,348 ii) Industrial supply HT 61.204-61.205 11,646,299,121 10,341,257,954

d) Lift Irrigation 61.206 796,354,307 788,636,714 e) Agriculture 61.211-61.218 828,018,231 766,696,378 f) Bulk supply 61.219-61.221 2,048,838,894 1,763,376,891 g) Railway Traction 61.224 538,746,492 537,161,064 h) Street Lighting 61.225 117,310,790 132,412,331 i) Public water works 61.228 1,239,291,887 1,095,358,200

A) SUB TOTAL (a to i) 29,280,761,605 26,536,721,199

FSA Assessed 61.234-264 & 61.302 2,419,202,441 2,091,322,325

FSA in lieu of Agri received from GOH 61.301 1,095,386,667 950,609,450 B) Total FSA 3,514,589,108 3,041,931,775 3 Electricity duty recovery 61.50&51 713,444,194 596,784,508 4 Municipal Tax 61.52&53 181,824,138 164,708,976

5Meter Service Charges/Line Service Charges 61.6 161,046,001 154,987,472

6 Recovery for theft of power/ malpractices 61.7 75437517.35 93093659

C) SUB TOTAL(3 to 6) 1,131,751,851 1,009,574,615 D) Misc.charges from consumers 61.9 76,090,279 77,673,460

7 Gross revenue from sale of power(A+B+C+D) 35,973,090,882 30,665,901,049

8 Lessa) Elecy. duty payable as per contra 2 above 61.54& 55 713,444,194 596,784,508 b) M.tax payable as per contra 3 above 61.56& 57 181,824,138 164,708,976

SUB TOTAL-8 895,268,332 761,493,484 Net total revenue (7-8) 35,077,822,549 29,904,407,565


SCHEDULE-18 REVENUE FROM SALE OF POWER

Sr. No. Particulars Account Code

31-3-2009 Rs.

31-3-2008 Rs.

1 Interest on staff loans & advances 62.210 14,916,572 14,511,589

2 Interest on fixed deposits with banks & company etc. 62.222 1,792,647 28,100,109

3 Interest on long term Investment of contingency reserve 62.229 31,364,111 22,529,532

4 Delayed payment charges from consumers (surcharge levied) 62.240-270 253,873,316 204,782,104

5 Interest from Supplier on early payment 62.283 - 1,636,000

6 Interest on advance payment on GPF Trust DHBVNL 62.285 1,464,711 -

7 Income from trading/sale of scrap 62.3 2,240,934 10,864,718 8 Income from staff welfare activities 62.6 414,291 275,614 9 Misc.receipts(except 62.901&62.908) 62.8 & 62.9 902,001,223 207,330,297 10 Rent from Residential Building 62.901,62.908 3,591,207 3,612,612

GRAND TOTAL 1,211,659,013 493,642,576

Note:-1

Note:-2


SCHEDULE -19 OTHER INCOME

Interest on fixed deposit with banks amounting to Rs.17,92,647/- (previous year Rs. 2,81,00,108/-) represents gross amount and includes an amount of TDS of Rs. 3,31,779/-.Interest on investment relating to contingency reserve invested with commercial banks amounting to Rs. 3,13,64,111/- respresents gross amount and includes an amount of TDS Rs.42,45,011/-.

Sr. No. Particulars Account

Code31-3-2009

Rs.31-3-2008

Rs.1 Prior Period Income

a) Interest income for prior period 65.4 - - b) Other excess provision in prior periods 65.8 6,347,904 228,368,055 c) Other income relating to Prior period 65.9 - - Sub Total-1 6,347,904 228,368,055

2 Prior period Expensesa) Power Purchase for Prior Period 83.1 - - b) Employee Cost relating to Previous Year 83.5 17,395 14,662,926 c) Interest relating to Prior Period 83.7 - 6,299,720 d) Other charges relating to previous years 83.8 1,305,486 - e) Refund of Income to Prior Period 83.9 789,325 109,049,882 Sub Total-2 (a to e) 2,112,206 130,012,528 Net Prior Period Credit/(Charges) (1-2) 4,235,698 98,355,527


SCHEDULE-20 Prior Period Adjustment

Sr. No. Particular Account Code

31-3-2009 Rs.

31-3-2008 Rs.

Revenue subsidies & grants 63.1

1 Subsidies from State Govt. for supply to agriculture tubewells at subsidised tariff 63.140 10,031,760,000 8,292,000,000

2Subsidies from State Govt. for supply of Electricity to consumers other than Agriculture at subsidized Tariff.

63.170 21,681,431 -

TOTAL 10,053,441,431 8,292,000,000

SCHEDULE -21 REVENUE SUBSIDIES & GRANT


Note: An amount of Rs. 1003.18 crore including Rs. 14.18 crore being Revenue Gap, for FY 2007-08, has been received from GOH during FY 2008-09 on account of concessional tariff being allowed by Nigam to Agriculture Consumers.

31-03-2008

Units (in LU)Amount (in

Rupees)Amount (in

Rupees)

A POWER PURCHASE

1 Long Term 129,621.45 31,406,651,846

2 Short Term 6,975.04 4,461,066,184

3 U.I. 7,334.41 3,808,543,282

4 Total (1+2+3) 143,930.90 39,676,261,313

5Add Transmission charges PGCIL & open access - 1,114,580,638

6 Total (4+5) 143,930.90 40,790,841,951

Less Transmission losses 8,759.94 Net power available after transmission losses 135,170.96 40,790,841,951

BTRANSMISSION & SLDC CHARGES (HVPNL) 2,521,478,365

Total (A+B) 43,312,320,316

Less excess cost of power 6,258,672,000

C Net cost of power 37,053,648,316 32,692,686,968

D FUEL SURCHARGE ADJUSTMENT

1 HPGCL (15,38,00,000*12) 1,845,600,000

2 HPGCL (5,90,78,000*8) 472,624,000

3 HVPNL (4,74,88,759*12) 569,865,108

Total FSA (1+2+3) 2,888,089,108 3,718,585,108 Total (C+D) 39,941,737,424 36,411,272,076


SCHEDULE-22 POWER PURCHASE

Sr.No. Description 31-03-2009

Sr.No. Particulars Account Code

31-3-2009 Rs.

31-3-2008 Rs.

1 Plant & machinery-T&D 74.1 130,254,901 189,662,783 2 Buildings 74.2 25,157,553 16,509,781 3 Civil works 74.3 1,228,035 339,760 4 Lines cable net work etc. 74.5 169,482,402 136,399,411 5 Vehicles 74.6 7,727,688 6,954,845 6 Furniture & fixture 74.7 - 500 7 Office equipments 74.8 10,018 51,478

GRAND TOTAL 333,860,597 349,918,557


SCHEDULE -23 REPAIR & MAINTENANCE


Code31-3-2009

Rs.31-3-2008

Rs.

1 Salaries 75.1 1,594,334,469 1,108,106,486 2 Dearness allowance 75.3 582,004,885 443,496,049 3 Other allowance 75.4 178,646,111 145,134,856 4 Bonus including honorarium 75.5 9,009,136 29,611,594 5 SUB TOTAL 1 2,363,994,601 1,726,348,984

Other staff costs

6Medical expenses reimbursement (Indoor & Outdoor)

75.611, 613 & 614 37,449,234 34,406,672

7 Leave Travel Concession 75.612 634,300 767,322

8Payment under Workmen's Compensation Act. 75.629 6,580,675 5,598,173

9 Leave salary contribution. 75.630 28,583 475,342

10Pension contribution (staff on deputation with DHBVNL) 75.631 255,169 368,982

11 Pension,Leave, Gratuity contribution 75.632 2,319,890,000 600,000,000 12 Pension contribution of new staff 75.633 73,779,000 5,000,000 13 Adjustment of HRA not paid(notional) 75.634 1,678,162 2,262,874

14

Staff welfare expenses(On medical, canteen, education, uniform/livery & re-creation).

75.7 32,566,252 30,369,090

15 Terminal benefit. 75.8 90,048,661 71,108,088 16 SUB TOTAL 2 2,562,910,036 750,356,543 17 Total (1+2) 4,926,904,637 2,476,705,528 18 Less Expenses Capitalised 75.9 24,163,951 16,577,425 19 NET TOTAL 4,902,740,685 2,460,128,103

Note:2- Employees cost of Rs. 24163951/- (previous year Rs. 16577425/-)relating to capital works has been capitalised.


SCHEDULE-24 EMPLOYEES COST

Note:1-The amount of Bonus includes Rs. ,60,00,000/- on account of adhoc provision of bonus for FY 2008-09.


Code31-3-2009

Rs.31-3-2008

Rs.

1 Rent (including lease rentals) 76.101 9,717,550 6,123,414 2 Rate & Taxes 76.102 666,682 3,261,480 3 Insurance 76.103-106 1,618,302 1,651,166

4Telephonecharges,postage,tele-gram, telex charges & Mtc.of website of internet.

76.111-114 19,031,607 18,595,610

5 Expenditure on Internal Audit carried out by Outsource Agencies 76.120 3,367,624 795,971

6 Legal charges. 76.121 8,661,792 8,858,042 7 Audit charges 76.122 374,485 250,103 8 Consultancy charges. 76.123 44,749,713 29,791,141 9 Technical fees 76.124 121,670 18,310 10 Other professional charges 76.125 141,068 199,555 11 Service charges for computerization 76.126 84,136,637 11,663,790

12 Payment of consultancy charges for Reform and Restructering 76.128 - -

13 Exp. on training to staff for computer 76.129 828,665 3,508,991 14 License fee 76.130 10,000,000 10,000,000 15 Conveyance & travelling expenses. 76.131-139 88,495,246 83,518,006

16 Other expenses including Electricity Charges.

76.151-190 & 193 316,688,681 248,580,271

17 Expenditure on GSM modems at DT meters 76.192 4,773,640 -

18 Freight 76.210-220 - -

19 Other material related expenses 76.230,40,50,60,70,71 23,395,725 22,702,844

20 Gross Total 616,769,087 449,518,694 21 Less:- Expenses Capitalised 76.9 13,499,029 8,613,017 22 Net Total (20-21) 603,270,058 440,905,677

SCHEDULE-25 ADMINISTRATION & OTHER EXPENSES


Note:1- Administrative and General expenses of Rs. 1,34,99,029/- (previous year Rs. 86,13,017/-) relating to capital works have been capitalised.

Sr. No. Particulars Account Code 31-3-2009

Rs.31-3-2008

Rs.

1 Building and civil structure 77.120 24,267,176 20,972,723 2 Transmission and Distribution 77.150,160 1,400,158,807 1,058,482,593 3 Vehicles 77.170 6,838,608 5,022,961 4 Furniture and Fixture 77.180 9,018,347 5,538,512 5 Total 1,440,282,938 1,090,016,789

6Less depreciation on assets contributed by consumers and grants. 77.150 470,172,011 403,456,076

7 NET TOTAL (5-6) 970,110,927 686,560,713


SCHEDULE-26 DEPRECIATION

Note:1 Equivalent amount of depreciation on the assets created out of consumer contribution and grants amounting to Rs. 470172011/- (previous year Rs. 403456076/-) has been reduced from the total depreciation of Rs. 1440282938/- (previous year Rs. 1090016789/-) which has been debited to GH-55.


Code31-3-2009

Rs.31-3-2008

Rs.

1Interest on other loans/deffered credit (GH-78.5)a) Rural Electrification Corp. 78.502 510,143,362 282,294,627 b) NABARD 78.505 5,800,516 7,410,514 c) Power Finance Corp. 78.515 19,314,603 22,782,103 d)Payment of interest on loan from commercial bank for Electrification schemes 78.518 99,562,983 87,973,006

e)Interest on loans from Comml. Banks for working capital . 78.527 1,189,920,988 462,677,272

f)Interest on Loan from APDP/APDRP 78.535 56,036,981 58,616,686 g)Interest on Loan from NCR 78.536 20,654,368 18,144,174 h)Interest on Loan from PMGY 78.537 2,463,597 1,609,317 i)Interest on Loan from RECfor procurement of material 78.538 60,677,176 85,159,424

j)Interest on Loan from REC for re-financing of IBRD loans. 78.539 17,433,020 13,915,771

k)Interest on REC Loan against RGGVY scheme 78.542 963,447 -

l) Interest on loan from PFC under R-APDRP 78.545 362,057 - Sub Total (a to l) 1,983,333,098 1,040,582,894

2 Interest on consumers security 78.6 82,770,218 71,889,534 3 Interest on OD/CC for working capital 78.7 365,256,840 30,870,433

4Other interest and finance charges (except 78.884) 78.8 16,877,994 211,926,156

Gross Total 2,448,238,151 1,355,269,017 5 Less: Interest Capitalised 78.9 650,795,922 194,322,275

Net Total 1,797,442,229 1,160,946,742

Note:- A portion of interest payable on interest bearing borrowings relatings to financing of capital assets at construction stage i.e. till the point of commissioning of assets has been capitalised amounting to Rs.65.08 crores (Prev. year 19.43 crores). Interest is not being capitalised on the assets commenced and completed during the same year.


SCHEDULE-27 INTEREST & FINANCE CHARGES


Code31-3-2009

Rs.31-3-2008

Rs.

1 Material cost variance 79.1 - - 2 Research & development expenses 79.2 - - 3 Cost of trading/manufacturing activities 79.3 394,705,240 - 4 Bad & doubtful debts written off 79.41 & 43 1,006,193 607,025 5 Refund of Revenue 79.480 to 483 4,634,979 5,114,834 6 Misc. losses and write off 79.5 36,587,641 16,678,283

7Losses on account of flood,cyclone,fire to fixed assets 79.881 9,355,787 1,725,571

8Losses on account of flood,cyclone,fire to stock 79.882 - -

9 Sub Total 446,289,840 24,125,713 10 Add Provision for bad and doubtful debts 79.460 - -

GRAND TOTAL (9+10) 446,289,840 24,125,713

1 Appropriation for contingency reserve 79.730 - 63,880,000


SCHEDULE-28 OTHER DEBITS TO REVENUE

DescriptionA: Cash Flow From Operating Activities(Indirect method)

1 Net Profit/(Loss) Before Tax (2,652,528,767) (2,843,807,441)2 Add:- Non cash transactions:

Depreciation including adj. 970,110,927 686,560,713 Interest Income (49,538,041) (66,777,230) Interest & finanace charges 1,797,442,229 1,160,946,742 Loss on account of flood,cyclone,fire etc. 9,355,787 2,727,370,901 1,725,571 1,782,455,796

3 Operating Profit/(Loss) Before Working Capital Changes (1+2) 74,842,134 (1,061,351,645)

4 Adjusted for Decrease in Trade & Other Recoverables (10,154,964,121) 2,723,943,104 Decrease in Stores & spares 950,789,395 (1,364,930,839) Decrease in Trade Payable 7,487,866,529 (1,716,308,197) 750,927,396 2,109,939,661

5 Cash Generated From Operations (3+4) (1,641,466,063) 1,048,588,0166 Taxes Paid 0.00 0.007 Sub Total (5-6) (1,641,466,063) 1,048,588,016

8 Net Prior Period ( Expenses)/ Income (Net of Prior period Dep.) 4,235,698 98,355,527 9 Fringe benefit Tax (4,395,993) (4,441,489)

10 Net Cash Flow From Operating Activities (7+8+9) (A) (1,641,626,359) 1,142,502,054

11 B: Cash Flow From Investing Activities

(I) Purchase of Fixed Assets & capital W.I.P.-increased/(Decreased) (7,251,520,322) (7,518,063,040)(ii) Disposal of Fixed Assets 38,453,386 25,123,271 (iii) Service line contribution-Increased 1,107,601,035 845,476,209(iv) Purchase of Investments-increased/(Decreased) (90,994,755) (58,306,884)(v)Deffered Revenue expenditure -increased (2,884,576,000)(vi) Interest Income 49,538,041 (9,031,498,615) 66,777,230 (6,638,993,214)Net Cash Used in Investing Activities ( to vi) (B) (9,031,498,615) (6,638,993,214)

C: Net Cash Used In Financing Activities

(I) Proceeds from Long Term & Other Borrowings 17,810,440,322 8,287,758,548(ii) Repayment of Long Term & Other Borrowings (7,101,787,729) (4,037,263,598)(iii) Interest & finance charges (expenditure) (1,797,442,229) (1,160,946,742)(iv) Consumer security deposits-increased 674,453,754 768,839,300(v) Grant-increased 316,480,000 90,000(vi) Govt. equity 2,344,000,000 0 0(vii)Share application money (944,000,000) 11,302,144,118 1,327,500,000 5,185,977,507

Net Cash generate from Financing Activities (i to vii) (C) 11,302,144,118 5,185,977,507

Net Increase in Cash and Cash Equivalents (A+B+C) 629,019,144 (310,513,652)

Opening Balance of Cash and Cash Equivalents 1,600,028,581 1,910,542,233

Closing Balance of Cash and Cash Equivalents 2,229,047,725 1,600,028,581CHECK (0.00)

SCHEDULE 29


CASH FLOW STATEMENT FOR THE PERIOD ENDING MARCH 2009

FY 2007-2008FY 2008-2009

(0.00)

P&L and B-sheet March 2009€¦ · DHBVNL 10th ANNUAL STATEMENT OF ACCOUNTS FINANCIAL YEAR 2008-09...

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