 |
Investor
Information > Financial
Performance |
|
 |
Our
financial year ends on March 31 of each year. We commenced
our commercial operation on May 24, 2003. Thus, our
financial performance for year 2004 pertains to the
period May 24, 2003 to March 31, 2004. For the year
2005, our financial performance is for the six month
period between April 1, 2004 and September 30, 2004.
There are no operating figures for the year ended March
31, 2003 and March 31, 2002.
|
| Statement
of Profit & Loss Account-As Restated |
(Rs
in millions) |
|
Particulars |
For
the six months period April 1, 2004 to September
30, 2004 |
For
the year ended March 31, |
|
2004 |
2003 |
2002 |
|
Revenue |
|
|
|
|
|
Sale
of Energy |
1976.56 |
2953.09 |
- |
- |
|
Other
Income |
6.77 |
13.07 |
- |
- |
|
Total |
1983.33 |
2966.16 |
- |
- |
|
Expenses |
|
|
|
|
|
Operations |
26.10 |
97.04 |
- |
- |
|
Employees
Remuneration & Benefits |
16.59 |
12.97 |
- |
- |
|
General, administrative & other expenses |
51.64 |
105.74 |
- |
- |
|
Interest
and financial Charges |
712.26 |
1312.39 |
- |
- |
|
Depreciation |
420.64 |
712.63 |
- |
- |
|
Misc.
Expenditure written off |
61.44 |
96.46 |
- |
- |
|
Total |
1288.67 |
2337.23 |
- |
- |
|
Profit
Before Tax |
694.66 |
628.93 |
- |
- |
|
Provision
of Tax-Current Year |
54.47 |
49.83 |
- |
- |
|
Profit
After Tax |
640.19 |
579.10 |
- |
- |
|
Adjustment
on account of short provision for tax for earlier
years |
0.37 |
0.00 |
- |
- |
|
Profit
after Tax after extra-ordinary available for appropriations |
639.82 |
579.10 |
- |
- |
|
Add:
Profit brought forward from Previous year |
429.10 |
0.00 |
- |
- |
|
Profit
available for Appropriation |
1068.92 |
579.10 |
- |
- |
|
Provision
for Debenture redemption Reserve |
330.00 |
150.00 |
- |
- |
|
Balance
transferred to Balance Sheet |
738.92 |
429.10 |
- |
- |
|
|
|
|
|
|
|
|
|
|
| Statement
of Assets & Liabilities-As Restated |
(Rs
in millions) |
As
at |
September
30, 2004 |
March
31, 2004 |
March
31, 2003 |
March
31, 2002 |
| APPLICATION
OF FUNDS |
|
|
|
|
| Fixed
Assets |
|
|
|
|
| Gross
Block |
16,505.64 |
16,401.09 |
74.34 |
49.36 |
| Less
: Depreciation |
1,140.50 |
720.10 |
7.45 |
4.40 |
| Net
Block |
15,365.14 |
15,680.99 |
66.89 |
44.96 |
| Capital
Work in Progress |
0.80 |
0.61 |
10,106.00 |
8,932.35 |
| Add:
Expenditure during Construction Period |
- |
- |
5,232.60 |
3,630.87 |
| Total |
15,365.94 |
15,681.60 |
15,405.49 |
12,608.18 |
| Investments |
- |
- |
- |
- |
| Current
Assets, Loans & Advances |
|
|
|
|
| Inventories |
11.24 |
2.15 |
- |
- |
| Sundry
Debtors |
1,270.04 |
997.97 |
- |
- |
| Cash
and Bank Balances |
404.26 |
167.48 |
92.33 |
66.17 |
| Loans
and Advances |
148.58 |
78.39 |
36.46 |
242.51 |
| Total
(A) |
1,834.12 |
1245.99 |
128.79 |
308.68 |
| Current
Liabilities and Provisions |
|
|
|
|
| Current
Liabilities |
430.87 |
899.11 |
446.74 |
517.34 |
| Provisions |
110.16 |
57.57 |
5.90 |
5.39 |
| Total
(B) |
541.03 |
956.68 |
452.64 |
522.73 |
| Net
Current Assets (A-B) |
1,293.09 |
289.31 |
(323.85) |
(214.05) |
| TOTAL |
16,659.03 |
15,970.91 |
15,081.64 |
12,394.13 |
| SOURCES
OF FUNDS |
|
|
|
|
| Loan
Funds |
|
|
|
|
| Secured
Loans |
10,899.41 |
10,674.72 |
10,771.01 |
9,083.50 |
| Unsecured
Loans |
- |
- |
- |
- |
| Total |
10,899.41 |
10,674.72 |
10,771.01 |
9,083.50 |
Share
Capital and Reserves |
|
|
|
|
| Share
Capital |
4,910.00 |
4,910.00 |
4,600.00 |
3,575.00 |
| Share
Application Money |
- |
- |
- |
25.00 |
| Reserves
|
1,218.92 |
579.10 |
|
|
| Less
Misc. Expenditure |
369.30 |
192.91 |
289.37 |
289.37 |
| Total |
5,759.62 |
5,296.19 |
4,310.63 |
3,310.63 |
| TOTAL |
16,659.03 |
15,970.91 |
15,081.64 |
12,394.13 |
| Net
worth |
5,759.62 |
5,296.19 |
4,310.63 |
3,310.63 |
| Cash
Flow Data |
For
the six months period April 1, 2004 to September
30, 2004 |
For
the year ended March 31, |
|
|
|
2003 |
2002 |
| Net
Cash Flow from operating activities |
348.31 |
837.35 |
135.95 |
387.87 |
| Net
Cash Flow from investing activities |
4.36 |
(975.91) |
(2,797.31) |
(3,532.42) |
| Net
Cash Flow from financing activities |
(115.89) |
213.71 |
2,687.52 |
3,125.02 |
| Net
Increase/(Decrease) in Cash and Cash Equivalents |
236.78 |
75.15 |
26.15 |
(19.53) |
(Figures
in brackets represent cash outflow) |
|
|
|
