Orient Paper & Industries Limited   
  
 
 
 
Balance Sheet as at 31st March, 2007
  Schedule

31st March, 2007

31stMarch, 2006

SOURCES OF FUNDS
SHAREHOLDERS' FUNDS         
(a) Share Capital 1 3,483.75 3,483.75
(b) Reserves & Surplus 2 13915.36 3105.59
  17399.11 6589.34
 
Loans       
(a) Secured 3 25616.34 33839.07
(b) Unsecured 4 6851.98 9736.61
  32468.32 4357.68
 Deferred Tax Liability(Net) 3767.71 -
                                                                           53635.14              50165.02
APPLICATION OF FUNDS  
Fixed Assets 5      
(a) Gross Block   69442.57 68043.07
(b) Less:Accumulated Depreciation/Amortisation 40873.96 38421.35
(c) Net Block   28568.61 29621.72
(d) Capital work-in-progress   6488.74 733.23
(e) Capital Expenditure on New Projects   75.75 61.54
35133.10 30416.49
   
Investments 6 1340.14 1347.70
Deferred Tax Asset (Net)   - 2732.10
Current Assets, Loans & Advances 
(a) Inventories 7 9260.05 8633.40
(b) Sundry Debtors 8 12358.76 11028.94
(c) Cash and Bank Balances 9 1708.45 1746.52
(d) Other Current Assets 10 1598.78 881.45
(e) Loans and Advances 11 9229.93 7547.05
   34155.97 29837.36
 
Less: Current Liabilities & Provisions 12      
        (a) Current Liabilities   15540.64 13581.01
        (b) Deferred Payment Liabilities   873.89 719.68
        (c) Provisions   1793.69 1274.70
   18208.22 15575.39
 
Net Current Assets   15947.75 14261.97
Miscellaneous Expenditure  
(To the extent not written off / adjusted)  
Deferred Revenue Expenditure 13 1214.15 1406.76
   53635.14 50165.02
Accounting Policies and Notes To the Accounts 24    
  
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