Financial Statement

RAJASTHAN RAJYA VIDYUT PRASARAN NIGAM LIMITED

ORGANISATION	FINANCIAL STATUS	LINES & SUBSTATIONS	ACHIEVEMENTS	TENDERS	RELATED LINKS
INSTALLED CAPACITY	ENERGY AVAILABILITY	ENERGY SUPPLIED	ON GOING WORKS	ANNUAL PLAN	CONTACT US

ANNUAL FINANCIAL STATEMENT 2007-08

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH,2006

			(Amount in Rs.)
Particulars		For the Year ended	For the year ended
Particulars		31 March, 2006	31 March, 05
INCOME
Revenue from Sale of Power		1,333,319,373	1,333,319,373
Revenue from Transmission & SLDC Charges		5,734,636,559	5,037,267,805
and Gen. Cost recovered
Revenue subsidies and grants		34,213,456	24,479,744
Other Income		1,013,237,078	880,552,932
		8,115,406,466	7,275,619,854
EXPENDITURE
SLDC Charges		8,115,406,466	111,898,154
Generation of Power		1,245,923,302	1,245,991,526
Repairs & Maintenance		535,490,071	477,194,977
Employees Costs		2,665,394,796	2,378,932,568
Administration & Other Expenses		318,825,569	274,305,687
Depreciation		1,607,429,588	1,264,246,981
		14,488,469,792	5,752,569,893

Less: Incidental expenses during construction		419,427,435	436,046,083
transferred to capital works in progress

Net Expenditure		14,069,042,357	5,316,523,810

Profit before Interest & Taxes		-5,953,635,891	1,959,096,044
Interest, Finance Charges & Lease rental	1,999,519,366		2,094,260,027
Less: interest & finance charges capitalised	202,410,000		244,700,000

Net Interest Finance Charges & lease rental		1,797,109,366	1,849,560,027

Extraordinary Items		163,911,692	461,288,406

Profit / Loss for the year		-7,914,656,949	-351,752,389

Add Prior period Incomes/Expenses		-73,826,269	59,882,607
Profit before Tax		-7,988,483,218	-291,869,782
Porvision for taxation
(I) Fringe benefit tax		3,343,341	0
(ii) Income Tax		0
Profit after Tax		-7,991,826,559	-291,869,782

Net Profit available for appropriation		-7,991,826,559	-291,869,782

BALANCE SHEET AS AT 31ST MARCH, 2006

(Amount in Rs.)

Particulars

As at 31.03.06

As at 31.03.05

SOURCES OF FUNDS

SHAREHOLDERS FUND

Share Capital

7,240,000,000

6,540,000,000

Reserves and Surplus

670,702,719

512,603,850

LOAN FUNDS

Secured Loans

27,496,031,999

27,103,005,139

Unsecured Loans

4,333,735,143

3,641,059,336

Total

39,740,469,861

37,796,668,325

APPLICATION OF FUNDS

FIXED ASSETS

a) Gross Block

35,346,997,671

32,265,223,595

Less: Accumulated Depreciation

14,347,251,167

12,612,486,141

NET BLOCK

20,999,746,504

19,652,737,454

Capital Works in Progress

2,338,886,804

2,333,954,339

Investments

34,572,893

500

CURRENT ASSETS,LOANS & ADVANCES

Inventories, stores & Spares

416,314,983

311,343,212

Sundry Debtors

8,244,658,800

8,189,160,272

Cash & Bank Balances

889,772,141

1,188,672,872

Loans & Advances

41,185,154

84,610,602

Other Current Assets

11,486,402,831

10,733,766,065

Total current Assets

21,078,333,909

20,507,553,023

Less: Current Liabilities & Provisions

5,102,515,582

5,236,875,840

NET CURRENT ASSETS

15,975,818,327

15,270,677,183

Miscellaneous Expenditure

to the extent not written off/adjusted

391,445,333

539,298,849

39,740,469,861

37,796,668,325

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH,2005

(Amount in Rs.)

Particulars

For the Year ended

For the year ended

31.03.05

31.03.04

INCOME

Revenue from Sale of Power

1,625,189,155

55,676,053,878

Revenue form Transmission & SLDC Charges

5,037,267,805

and Gen. Cost recovered

Revenue subsidies and grants

24,479,744

22,213,000

Other Income

880,552,932

1,718,561,153

7,567,489,636

57,416,828,031

Sub-Total

EXPENDITURE

Purchase of Power & ULDC Charges

111,898,154

50,799,975,664

Generation of Power

1,245,991,526

961,708,890

Repairs & Maintenance

477,194,977

513,093,182

Employees Costs

2,378,932,568

2,336,381,940

Administration & Other Expenses

274,305,687

202,372,904

Depreciation

1,264,246,981

1,239,187,532

5,752,569,893

56,052,720,112

Less: Incidental expenses during construction

436,046,083

514,856,960

transferred to capital works in progress

Net Expenditure

5,316,523,810

55,537,863,152

Profit before Interest & Taxes

2,250,965,826

1,878,964,879

Interest, Finance Charges & Lease rental

2,094,260,027

2,253,743,683

Less: interest & finance charges capitalised

244,700,000

252,391,000

Net Interest Finance Charges & lease rental

1,849,560,027

2,001,352,683

Extraordinary Items

461,288,406

Profit / Loss for the year

-59,882,607

-122,387,804

Add Prior period Incomes/Expenses

59,882,607

-86,141,342

Profit before Tax

-208,529,146

Porvision for taxation

Profit after Tax

-208,529,146

Amount Transferred to ' Regulatory Asset '

208,529,146

Net Profit available for appropriation

BALANCE SHEET AS AT 31ST MARCH, 2005
					(Amount in Rs.)
	Particulars		As at 31.03.05		As at 31.03.04
	SOURCES OF FUNDS
	SHAREHOLDERS FUND
	Share Capital		6,540,000,000		5,980,000,000
	Reserves and Surplus		512,603,850		516,935,254
	LOAN FUNDS
	Secured Loans		27,103,005,139		26,102,250,214
	Unsecured Loans		3,641,059,336		4,572,806,170
	Total		37,796,668,325		37,171,991,638
	APPLICATION OF FUNDS
	FIXED ASSETS
	a) Gross Block	32,265,223,595		28,594,601,116
	Less: Accumulated Depreciation	12,612,486,141		11,080,714,340
	NET BLOCK		19,652,737,454		17,513,886,776
	Capital Works in Progress		2,333,954,339		3,378,806,171
	Investments		500		500
	CURRENT ASSETS,LOANS & ADVANCES
	Inventories, stores & Spares	311,343,212		313,644,182
	Sundry Debtors	8,189,160,272		20,481,279,753
	Cash & Bank Balances	1,188,672,872		405,400,178
	Loans & Advances	84,610,602		227,149,195
	Other Current Assets	10,733,766,065		11,041,130,847

	Total current Assets	20,507,553,023		32,468,604,155

	Less: Current Liabilities & Provisions	5,236,875,840		16,544,321,702

	NET CURRENT ASSETS		15,270,677,183		15,924,282,453
	Miscellaneous Expenditure
	to the extent not written off/adjusted		539,298,849		355,015,738


	Total		37,796,668,325		37,171,991,638

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH,2004
Particulars		For the Year Ended 31st March 2004	For the year ended 31st March 2003
INCOME
Revenue from Sale of Power		55,676,053,878	53,372,424,401
Revenue subsidies and grants		22,213,000	1,323,013,000
Other Income		1,718,561,153	1,203,482,152
		57,416,828,031	55,898,919,553
EXPENDITURE
Purchase of Power		50,799,975,664	49,306,172,180
Generation of Power		961,708,890	933,570,372
Repairs & Maintenance		513,093,182	488,521,224
Employees Costs		2,336,381,940	2,166,458,514
Administration & Other Expenses		202,372,904	118,951,882
Depreciation		1,239,187,532	1,203,650,286
		56,052,720,112	54,217,324,458
Less: Incidental expenses during construction transferred to capital works in progress		514,856,960	452,404,142
		55,537,863,152	53,764,920,316
Profit before Interest & Taxes Interest, Finance Charges & Lease rental Less: interest & finance charges capitalised Net Interest Finance Charges & lease rental		1,878,964,879	2,133,999,237
	2,253,743,683		2,330,039,698
	252,391,000		197,272,000
		2,001,352,683	2,132,767,698

Profit for the year before tax		-122,387,804	1,231,539
Provision for taxation		-	-
Profit after Tax		-122,387,804	1,231,539
Prior period Incomes/Expenses		-86,141,342	-1,231,539
		-208,529,146	0
Amount Transferred to ' Regulatory Asset '		208,529,146
Net Profit available for appropriation		0	0

BALANCE SHEET AS AT 31ST MARCH, 2004
Particulars		As at 31.03.04		As at 31.03.03
SOURCES OF FUNDS
SHAREHOLDERS FUND
Share Capital		5,980,000,000		5,190,000,000
Reserves and Surplus		516,935,254		325,749,233
LOAN FUNDS
Secured Loans		26,102,250,214		24,020,903,269
Unsecured Loans		4,572,806,170		3,035,267,225
Total		37,171,991,638		32,571,919,727
APPLICATION OF FUNDS
FIXED ASSETS
a) Gross Block	28,594,601,116		25,825,217,686
Less: Accumulated Depreciation	11,080,714,340		9,870,739,777
NET BLOCK		17,513,886,776		15,954,477,909
Capital Works in Progress		3,378,806,171		2,582,927,481
Investments		500		500
CURRENT ASSETS,LOANS & ADVANCES
Inventories, stores & Spares	313,644,182		306,989,847
Sundry Debtors	20,481,279,753		18,505,761,632
Cash & Bank Balances	405,400,178		167,985,148
Loans & Advances	227,149,195		172,876,952
Other Current Assets	11,041,130,847		13,980,372,420
Total current Assets	32,468,604,155		33,133,985,999
Less: Current Liabilities & Provisions	16,544,321,702		19,165,657,197
NET CURRENT ASSETS		15,924,282,453		13,968,328,802
Miscellaneous Expenditure
to the extent not written off/adjusted		355,015,738		66,185,035
Total		37,171,991,638		32,571,919,727

PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 31st MARCH, 2003

Particulars		For the Year Ended 31st March 2003	For the year ended 31st March 2002
INCOME Revenue from Sale of Power Revenue Subsidies and Grants Other Income		53,372,424,401 1,323,013,000 1,203,482,152	49,549,334,906 30,831,200 972,978,576
		55,898,919,553	50,553,144,682
EXPENDITURE Purchase of Power Generation of Power Repairs & Maintenance Employees Costs Administration & Other Expenses Depreciation		49,306,172,180 933,570,372 488,521,224 2,166,458,514 118,951,882 1,203,650,286	43,903,157,427 955,421,139 472,396,340 2,091,062,182 108,829,292 1,031,865,299
		54,217,324,458	48,562,731,679
Less: Incidental expenses during construction transferred to capital work in progress		452,404,142	421,741,142
		53,764,920,316	48,140,990,537
Profit before Interest & Taxes Interest Finance Charges & Lease Rental Less: interest & finance charges capitalised Net Interest Finance Charges & Lease Rental	2,330,039,698 197,272,000	2,133,999,237 2,132,767,698	2,412,154,145 2,491,430,371 289,314,000 2,202,116,371
Profit for the year before tax		1,231,539	210,037,774
Provision for taxation		-	-
Provision for taxation in respect of earlier Year		-	-
Profit after Tax		1,231,539	210,037,774
(i) Extra ordinary items (ii) Prior period charge or credits	0 1,231,539	(1,231,539)	(225.000) (209,812,774) (210,037,774)
Net Profit available for Appropriation		0	0

BALANCE SHEET AS AT 31st MARCH, 2003

Particulars		As at 31.3.2003		As at 31.3.2002
SOURCES OF FUNDS
SHARE HOLDERS FUND:
Share Capital Reserves and Surplus		5,190,000,000 325,749,233		4,400,000,000 325,373,606
LOAN FUNDS:
Secured Loans Unsecured Loans		24,020,903,269 3,035,267,225		19,037,393,674 1,583,534,271
TOTAL		32,571,919,727		25,346,301,551
APPLICATION OF FUNDS
FIXED ASSETS
a) Gross Block Less: Accumulated Depreciation	25,825,217,686 9,870,739,777		23,352,548,332 8,669,701,291
Net Block		15,954,477,909		14,682,847,041
Capital Works in Progress		2,582,927,481		2,228,102,693
Investments		500		500
CURRENT ASSETS, LOANS & ADVANCES
Income accrued on Investments & deposits
Inventories, Stores & Spares	306,989,847		320,057,327
Sundry Debtors	18,505,761,632		8,974,524,090
Cash & Bank Balances	167,985,148		167,811,356
Loans & Advances	172,876,952		142,444,227
Other Current Assets	13,980,372,420		12,995,452,050
Total current Assets	33,133,985,999		22,600,289,050
Less: Current Liabilities & Provisions	19,165,657,197		14,179,012,074