Notes to Statement of Accounts

Notes to statements of accounts as on 31st December 2012 (in Lakh)

Notes No PARTICULARS Current reporting period 31.12.2012 Previous reporting period 31.12.2011
       
1 Share Capital
Authorized Captial

10,00,00,000 Equity Shares of Rs.10/- each
10,000.00 10,000.00
Issued,Subscribed & Fully Paid up:
69,51,63,000 Equity Share of Rs.10/-each
6,951.63 3,535.82
TOTAL 1 6,951.63 3,535.82
       
2 Reserves & Surplus    
  (a) Capital Reserve
(b) Capital Redemption
(c) Security Premium Account (*)
(d) Debenture Redemption Reserve
(e) Revaluation Reserve
(f) Share Options Outstanding Account
  -
-
-
-
-
-
  (g)Other Reserves :
(i) Statutory Reserve

Opening Balance
Add: Amount available for appropriation
120.95 78.93
  Sub Total 120.95 78.93
  (ii) Risk Fund
Opening Balance
Add: Amount available for appropriation
25.00
  Sub Total 25.00 -
  (h) Surplus
Opening balance
Transfer from Profit & Loss Account
Amount Available for Appropration
Appropriation for Risk Fund
Appropriation for Statutory Reserve

441.19
705.80
1,146.99

298.12
205.03
503.15
  Sub Total 1,146.99 503.15
  GRAND TOTAL 1,292.95 582.08
       
3 Long-Term Borrowings
Term Loans from Banks
i. Bonds/Debentures

Secured
Unsecured
ii. Term Loans from
a.Banks
Secured
Unsecured :
- Refinance Loan From NABARD









38,313.10



-
-


-
-
16,448.85
  Total (a) 38,313.10 16,448.85
b. Other Parties
Secured
Unsecured
iii.Deferred Payment liabilities
iv.Deposits
v.Loans and advances from related parties
vi.Long term maturities of finance lease obligations
vii.Other loans & advances (specify natures)

-
-
-
-
-

-
-
       
(a) Trade Payables
(b) Others :
Security Deposit
Lease Security Deposit


42.50
0.39


23.74
  42.89 23.74
       
5 Long -Term provisions
a. Provision for employee benefits

Gratuity
b. Others :
Provision made against Standard Assets
Provision for Non Performing Assets


21.87

159.08
0.22


11.22

12.13
  181.16 23.35
       
6 Short - Term borrowings
(a) Loan repayble on demand from
(i) Banks

Secured
Unsecured
(ii) Other parties
Secured
Unsecured
(b) Loans & advances from related parties
(c) Deposits
(d) Other loans & advances



-
-

-
-


-
-
       
7 Other Current Liabilities
Other payables

(a) Current maturities of long-term debt
-Refinance Loans from NABARD
(b) Current maturities of finance lease obligations
(c ) Interest accrued but not due on borrowings
(d) Interest accrued and due on borrowings
-Refinance Loans from NABARD
(e) Income received in advance
(f) Unpaid dividends
(g) Share application money received & due for refund & interest accrued thereon
(h) Unpaid matured deposits and interest accrued
(i) Unpaid matured debentures and interest accrued
(j) Other payables (specify nature)
Accrued Salaries & Benefits :
Incentives to Staffs
Withholding and other taxes payable
Other Payabale
ESIC & PF
Provision for Expenses
Interest accrued but not due on security Deposit
Unutilised Grants from Nabard for SHG promotions







1,301.84









1.14
62.17
1.87
13.64
1.24
3.48




-
-

474.87
-
-
-

-
-

-

0.45
3.36
2.06
37.09

5.24
  Total 1,385.38 523.06
       
8 Short - Term provisions
(a). Provision for employee benefit

Leave Encashment (funded)
Leave Travel Allowance
Total(a)
(b). Others
Provison for Income Tax
Total(b)


0.12

0.12


-


4.95

4.95

87.39
87.39
  Total 8=Total(a)+Total(b) 0.12 92.35


Particulars Gross Carrying Value Depreciation (Refer Note) Net Carrying Value
As at beginning of the reporting period 01-04.2012 Additions Acquisitions through business combinations separately Disposal/ Written off As at End of reporting 31.12.2012 Rate of Depn Upto last year 01.04.2012 For the year Withdrawn Total 31.12.2012 As at Beginning of the reporting period 31.12.2012 As at End of the reporting period 31.03.2012
Note No.9 Tangible Assets
Furniture & Fixtures 21.29 19.04 0.04 40.29 6.33% 1.73 1.82 3.55 36.73 19.56
Office Equipments 10.07 36.63 46.70 4.75% 0.45 1.69 2.14 44.56 9.61
Computer 18.87 13.58 32.44 16.21% 3.07 2.72 5.79 26.65 15.80
50.22 69.25 - 0.04 119.43 5.26 6.23 - 11.48 107.93 44.97
                           
Note No.10 Intangible Assets
Software 1.49 3.54 5.04 16.21% 0.20 0.19 0.39 4.64 1.30
1.49 3.54 - - 5.04 0.20 0.19 - 0.39 4.63 1.30
Others
Total 51.72 72.79 - 0.04 124.47 - 5.45 6.42 - 11.88 112.56 46.26
Previous year 5.81 26.30 0.46 31.64 1.65 3.11 4.74 26.90 4.15


Notes No PARTICULARS Current reporting period 31.12.2012 Previous reporting period 31.12.2011
       
11 Non-Current Investments -
       
12 Long-term loans & advances
(a) Capital Advances

(b) Security Deposits
(c) Loans & advances to related parties
(d) Other loans & advances
Deffered tax

-
-
-
-
-
       
13 Other non - current assets
(a) Long Term Trade Receivables Unsecured ,considered good Less than 12 Months
(b) Others

Staff Advance
Tour Advance
Advance to others
Advance Tax
TDS Receivable
Prepaid Expenses




-
-
-
-
-
-
       
14 Current Investments -
       
15 Inventories -
       
16 Trade Receivables
Unsecured ,considered good Loans to SHG below 12 Months
       
17 Cash & Bank Balances
I Cash & Cash eqivalents
(a) Balance with banks
(b) Cheques, drafts on hand
(C) Cash on hand
(d) Otheres (specify)
Bank deposits

(413.47)

18.82

15,377.48

(2.86)

3.41

6,306.61
II
III

IV
V
Earmarked balances with banks
Balances with banks-held as margin money or security
deposit against borrowings, gurantee/other commitments
Repartriation restrictions
Bank deposits with more than 12 months maturity
-

-
-
  Total 14,982.82 6,307.15
       
18 Short-Term Loans and Advance
(a) Loans and Advance to related parties
Secured, considered good
Unsecured , considered good

(b) Others
(i) Loans & Advances to others
Secured considered good
Unsecured considered good
Doubtful
(ii) Others - unsecured considered good
Advances to Employees
Advances to others
Advance Income Tax
Rent & Telephone Deposits
Tax Deducted at source
Prepaid Expenses








31,812.13


7.42
0.98
165.16
31.91
18.00


-
-


-
-
14,368.66


3.50
0.19
117.78
25.29
25.91
8.51
  Total 32,035.60 14,549.85
       
19 Other current assets
Interest receivable on Bank Deposits
Interest receivable on Loans
Processing Fee Receivable
Service Tax Receivable
Income Tax refunds due

951.63

65.13

17.93

270.51

59.88

  Total 1,034.69 330.39
       
20 Contingent liabilities & commitments
(a) Claims against the company not acknowledged as debt
(refer Note No. 38)
(b) Gurantees
(c) Other money for which the company is xontingently liable

Commitments
(a) Estimated amount of contracts to be executed on capital account & not provided for
(b) Uncalled liability on shares & other investments partly paid
(c) Others



-

-



-

-
-
       
21 Proposed Dividends
       
22 Revenue from Operations
FINANCE COMPANY

(i) Interest
(ii) Processing Fee
(iii) Interest on Personal Loan


2,418.10
284.15
0.40
2,702.65


778.69
216.99

995.67
       
23 Other Income
Interest on Fixed Deposits
Miscellaneous Income

1,062.43
0.29

314.06
0.19
  Total 1,062.72 314.25
       
24 Cost of Materials Consumed
       
25 Changes in Inventories of Finished Goods
       
26 Employee Benifts Expenses
Salaries and Wages
Incetive for Staff
Recruitment Expenses & Training Expenses
Gratuity
Leave encashment
Staff Welfare
Rent for staff Qtrs
Contribution to Provident fund and other Statutory funds

219.42

7.61

3.40
4.39

14.05

129.04

3.80

5.06
1.92

8.17
  Total 248.86 148.00
       
27 Finance Costs
Bank Charges
Interest

10.88
2,062.11

2.44
670.95
  Total 2,072.98 673.39
       
28 Other Expenses
Repairs & Maintenance
Commission for Business Correspondent/Facilator
Rent
Electricity & Water charges
Business Promotion
Insurance
Travelling & Conveyance
Printing & Stationary
Postage, Telephone, & Courier Charges
Transportaion Charges
Auditors Remuneration
-Statutory Audit Fee
-Taxation Matters
- Other Services
Internal Audit Fee
Books and Periodicals
Meeting Expenses
Miscellaneous Expenses
Entertainment Expenes
Website Charges
Advertisment Expenses
Rates & Taxes
Data Entry Expenses
Directors Sitting Fee
Training Expenses
Legal & Professional Charges Fee
Loss on sale of Assets
Written off Fixed Assets
Provision for Non Performing Assets
Provision for Standard Assets

14.48
432.54
29.38
2.58
0.51
14.53
67.02
13.94
8.32






0.26
0.67
0.44

2.81
0.46
58.35
2.21
0.40

14.97



67.41

4.35
189.60
15.44
1.08
0.88
4.22
30.73
8.48
4.10






0.15
0.58
0.21

1.41
4.56
2.22

0.60

14.86
0.02

  Total 731.29 283.50