|
STELCO STRIPS
LIMITED
Regd. Off. : C-122, Phase-V,
Focal Point, Ludhiana (Pb.) |
|
Balance Sheet as at
31st March, 2007 |
|
Particulars |
As at 31.03.2007 |
As at 31.03.2006 |
|
Sources of Funds
Shareholder's Funds |
|
|
| Share Capital |
75687500 |
75669000 |
|
Warrant Share Application Money |
4867813 |
--- |
| Reserves & Surplus |
213495178 |
171451997 |
| Loan Funds |
|
|
| Secured Loans |
350596493 |
246826353 |
| Unsecured Loans |
109429048 |
105795880 |
| Deferred Tax Liability |
15742815 |
12492815 |
| |
|
|
|
Total
|
_____________
769818847
_____________ |
_____________
612236045
______________
|
|
| |
|
|
| Application of Funds |
|
|
|
Fixed Assets |
|
|
|
Gross Block |
397546005 |
346759470 |
| Less
: Depreciation |
59929865 |
42630212 |
|
Net Block |
337616140 |
304129258 |
| Investments |
1534860 |
484860 |
| |
|
|
| Current Assets, Loans
and Advances |
|
|
| Inventories |
308440845 |
191558289 |
| Sundry Debtors |
208077698 |
205144327 |
| Cash and Bank Balances |
21776993 |
20815984 |
| Loans & Advances |
78842013
_____________ |
83454183
_____________ |
| |
617137549 |
500972783 |
|
Less:
Current
Liabilities & Provisions |
186469702
_____________ |
193350856
_____________ |
| Net Current Assets |
430667847
_____________ |
307621927
______________ |
|
Total |
769818847
______________ |
612236045
______________ |
|
| |
|
|
|
|
As per Separate
Report of even date |
For & on Behalf
of the Board of Directors |
| |
|
For M. P. Goyal &
Co.
Chartered Accountants |
|
|
|
(Rajnish
Goyal)
Partner |
(Bharat
Bhushan Jindal )
Managing Director |
(Rajinder
Kumar
Jindal)
Director |
| |
|
Place :
Ludhiana
Date : 30.08.2007 |
|
(Vikas Rai
Berry)
Company Secretary |
|
|