Particulars

31.03.08

31.03.07

Rs.

Rs.

Rs.

Rs.

SOURCE OF FUNDS

Shareholders’ funds

Share Capital

1941000

1941000

Reserve & Surplus

6819885

8760885

6038965

7979965

Loan funds

Secured Loans

13430245

9684192

Unsecured Loans

20240043

33670288

20119928

29804120

DEFERRED TAX LIABILITY

798074

798074

TOTAL

43229247

38582158

APPLICATION OF FUNDS :

Good Will

2212534

FIXED ASSETS

Gross Block

22442328

20580063

Less : Accumulated Depreciation

8778535

7340785

Net Block

13663793

13239278

Current Assets, Loans & Advances :

Inventories

19435681

18727556

Sundry Debtors

10832798

7495025

Cash & Bank Balance

1777780

2843868

Advances & Deposits

9825839

6062687

41872098

35129137

Less :

Current Liabilities & Provisions

Current Liabilities

12954600

10810598

Provision for Taxation

1564578

1188190

14519178

11998788

Net Current Assets

27352920

23130348

TOTAL

43229247

38582159

Notes on Accounts