|
|
|
|
|
(Rs
Crore)
|
|
|
2006-07
|
2005-06
|
| 1.
INCOME |
|
|
| Discount
Income |
|
|
|
Gilt
Segment |
26.26 |
18.45 |
|
Non Gilt |
12.38 |
2.84 |
| Interest
Income |
|
|
|
Gilt
Segment |
57.13 |
130.68 |
|
Non Gilt |
55.09 |
24.08 |
| Trading
Profit on Securities |
|
|
|
Gilt
Segment |
(67.68) |
(19.98) |
|
Non Gilt |
6.82 |
(0.83) |
| Other
Income |
8.78 |
5.07 |
|
|
|
|
| TOTAL |
98.78 |
160.31 |
|
|
|
|
| 2.
EXPENDITURE |
|
|
| Financial
Expenses |
109.72 |
113.08 |
| Administration
Expenses |
7.96 |
6.63 |
| Personnel
& Others Costs |
3.72 |
3.35 |
| TOTAL |
121.40 |
123.06 |
|
|
|
|
| 3.
PROFIT/(LOSS) BEFORE TAX (1-2) |
(22.62) |
37.25 |
|
|
|
|
| 4.
PROFIT/(LOSS) AFTER TAX |
(13.56) |
24.26 |
|
|
|
|
| Regulatory
Capital Required |
283.94 |
179.12 |
| (as
per Capital Adequacy Guidelines) |
|
|
| Actual
Capital |
874.87 |
897.34 |
| Return
on Average Net Worth |
-1.53%
|
2.70%
|
| Notes:
|
- The above
results have been taken on record at the
Board of Directors Meeting held on May
16, 2007.
- These accounts
have been prepared in accordance with
the Accounting standards issued by the
Institute of Chartered Accountants of
India.
- The stock-in
trade other than Treasury Bills have been
valued at cost or market value whichever
is lower. Treasury Bills, Certificate
of Deposits & Commercial Papers of
less than one year tenor, have been valued
at cost.
- Investments
have been valued at cost, as reduced by
decline in value of permanent nature,
if any. In the case of debt instruments
where the cost of acquisition is more
than the redemption value the difference
is amortised over the period remaining
to maturity.
- Deferred
tax assets relating to carry forward of
losses are recognised to the extent that
it is probable that future taxable profits
will be available against which the carry
forward losses can be utilised.
- Net borrowings
in call for the current year: average
Rs.674.73 crore : peak Rs.1470.00 crore
- Leverage
ratio for the current year: average 1.72
times: peak 3.13 times
- Quarterly
CRAR (Capital to Risk-weighted Asset Ratio)
| Jun-06 |
Sep-06 |
Dec-06 |
| 73.14% |
51.59% |
54.46% |
- The issuer
composition of investments in non-Government
securities is as under:
| PSUs |
FIs |
Banks |
PrivateCorporates |
Subsidiaries/JV |
Others |
Total |
|
30.99
|
Nil
|
303.16
|
81.57
|
265.00
|
Nil
|
680.72
|
|
| The
above results are published pursuant to the
Reserve Bank of India's directions to Primary
Dealers |
|
Audited Financial Results for
the year ended 31st
March 2007
BALANCE
SHEET AS AT MARCH 31, 2007
|
| |
|
(Rs.
in Crore)
|
|
(Rs
Crore) |
|
March
31, 2007 |
March
31,2006 |
|
|
|
| I. SOURCES
OF FUNDS |
|
|
| 1. Shareholders' Funds: |
|
|
| a. Share Capital |
500.00 |
500.00 |
| b. Reserves and Surplus |
419.89 |
433.24 |
|
919.89 |
933.24 |
| 2. Loan Funds: |
|
|
| a. Secured Loans |
1811.94 |
1310.70 |
| b. Unsecured Loans* |
672.44 |
737.41 |
|
2484.38 |
2048.11 |
| TOTAL |
3404.27 |
2981.35 |
|
|
|
| II.
APPLICATION OF FUNDS |
|
|
|
|
|
| 1. Fixed Assets (Net Block) |
10.58 |
9.43 |
|
Net Block |
15.20 |
15.20 |
| 2. Investments |
|
|
| Govt. Dated Securities |
0.00 |
0.00 |
| FI & Other Bonds |
0.00 |
0.00 |
| Equity Shares |
270.00 |
5.00 |
|
270.00 |
5.00 |
| 3. Current Assets, Loans |
|
|
| and Advances: |
|
|
| a) Stock-in-Trade |
|
|
| Govt. of India Treasury Bills |
424.04 |
274.94 |
| Govt. Dated Securities |
908.80 |
1437.10 |
| Govt. Dated SPL Securities |
75.84 |
0.00 |
| FI & Other Bonds |
108.92 |
223.89 |
| Mutual Funds |
0.00 |
12.00 |
| Certificate of Deposit |
254.06 |
90.77 |
| Commercial Paper |
33.69 |
0.00 |
| Equity Shares |
11.43 |
29.82 |
| Pass Through Certificates |
2.62 |
3.90 |
|
1819.40 |
2072.42 |
| b) Loans & Advances** |
294.80 |
298.45 |
| c) Other Current Assets |
1084.71 |
799.28 |
| |
3198.91 |
3170.15 |
| Less: Current Liabilities and Provisions: |
|
|
| a) Current Liabilities |
6.57 |
2.63 |
| b) Provisions |
|
|
| For Taxes |
113.43 |
236.31 |
| For Others |
0.24 |
0.19 |
|
113.67 |
236.50 |
| Net Current Assets |
3078.67 |
2931.02 |
| Net Deffered tax (Asset) |
45.02 |
35.90 |
|
|
|
| TOTAL |
3404.27 |
2981.35 |
|
|
|
| *
- Of which call money borrowings |
470.00 |
480.30 |
| **
- Of which call money lendings |
5.10 |
0.00 |
|
