Annual Report 2010-2011 - Gammon India

More documents

Recommendations

Info

Nature of Transactions/Relationship/Major Parties Current Year Previous Year Amounts Amounts from Major Parties Refund of Deposit for transfer of Beneficial Interest/Advance towards Equity 5.35 32.69 A NNUAL R EPORT I 2010/11 (` in Crores) Amounts Amounts from Major Parties Gammon Infrastructure Projects Limited 5.35 32.69 Rent Income 0.12 0.12 Gammon Infrastructure Projects Limited 0.12 0.12 Receiving of Services 7.74 5.13 GACTEL Turnkey Project Limited 7.74 5.08 Insurance Claim Received 0.71 1.57 Kosi Bridge Infrastructure Company Limited 0.36 — Rajahmundry Godavari Bridge Limited 0.35 — Andhra Expressway Limited — Rajahmundry Expressway Limited — Mumbai Nasik Expressway Limited — Finance provided (incl. Loans and equity contribution in cash or in kind) 788.08 567.80 Gammon Internationl FZE — Gammon Infrastructure Projects Limited 73.62 — Gammon International BV 66.50 66.96 Gammon Holdings BV 92.45 33.50 Campo Puma Orient SA 92.98 74.81 Metropolitan Infrahousing Private Limited 192.45 — GACTEL Turnkey Project Limited 86.43 169.37 Deepmala Infrastructure Private Limited 118.47 115.33 Finance provided for expenses & on A/c payments 15.75 3.26 GACTEL Turnkey Project Limited 0.68 1.85 Gammon Infrastructure Projects Limited 0.32 0.75 Transrail Lighting Limited (TLL) 10.54 — RAS Cities and Townships Private Limited 1.87 — Amount liquidated towards the finance provided 501.10 370.38 GACTEL Turnkey Project Limited 97.79 160.69 Deepmala Infrastructure Private Limited 127.00 100.00 Metropolitan Infrahousing Private Limited 101.41 — Gammon Internationl FZE 123.19 — Gammon Realty Limited 3.76 80.80 Interest Income during the year 225.32 23.79 Metropolitan Infrahousing Private Limited 188.79 — Gammon Realty Limited 7.72 15.75 Deepmala Infrastructure Private Limited 4.55 2.30 Finance received (incl. Loans and equity contribution in cash or in kind) 2.21 0.06 ATSL Infrastructure Projects Limited — GACTEL Turnkey Project Limited 2.21 — Finance received for expenses & on A/c payments 1.51 — GACTEL Turnkey Project Limited 1.12 — Gammon & Billimoria Limited 0.36 0.26 Amount liquidated towards the above finance — ATSL Infrastructure Projects Limited — Andhra Expressway Limited — 0.03 0.17 0.19 1.21 74.81 0.06 0.02 0.01 99
Nature of Transactions/Relationship/Major Parties Current Year Previous Year 100 A NNUAL R EPORT I 2010/11 Amounts Amounts from Major Parties Interest Paid 0.03 0.08 Rajahmundry Godavari Bridge Limited — (` in Crores) Amounts Amounts from Major Parties GACTEL Turnkey Project Limited 0.03 — Contract Advance Received 83.26 23.94 Mumbai Nasik Expressway Limited 25.00 — Patna Highway Projects Limited 37.50 — Rajahmundry Godavari Bridge Limited 14.81 23.94 Refund against Contract Advance 56.05 93.37 Gorakhpur Infrastructure Company Limited 20.57 20.89 Rajahmundry Godavari Bridge Limited 10.48 34.62 Kosi Bridge Infrastructure Company Limited — Mumbai Nasik Expressway Limited 25.00 24.00 Guarantees and Collaterals Outstanding 2,406.84 1,893.76 Deepmala Infrastructure Private Limited 233.80 133.80 SAE Power Lines S.r.l. 249.11 211.28 Franco Tosi Meccanica S.p.A. 388.81 244.06 Gammon Holding BV 248.74 347.58 Gammon International BV 323.04 433.34 Gammon Billimoria LLC 288.72 219.01 Outstanding Balances Receivables 1,113.21 625.70 Gammon International BV 102.75 61.37 Campo Puma Orient SA 191.56 89.42 Gammon Internationl FZE 68.22 189.18 Gammon Holding BV 122.91 32.49 Metropolitan Infrahousing Private Limited 267.64 — Gammon Realty Limited 107.44 80.39 Outstanding Balances Payable 158.11 99.36 Kosi Bridge Infrastructure Company Limited 12.38 23.09 Gammon Infrastructure Projects Limited 6.58 10.81 Patna Highway Projects Limited 68.24 — Rajahmundry Godavari Bridge Limited 52.23 20.57 Gorakhpur Infrstructure Company Limited 9.36 44.48 Deposit Outstanding (Payable) 70.91 65.56 Gammon Infrastructure Projects Limited 70.91 65.56 TOTAL 6,104.68 4,519.84 ASSOCIATES Amount liquidated towards the finance provided — 0.66 Finest S.p.A. — 0.66 Interest Income during the year 0.22 0.22 Finest S.p.A. 0.22 0.22 Outstanding Balances Receivables 3.21 2.87 Finest S.p.A. 3.21 2.87 TOTAL 3.43 3.76 0.08 12.77
Page 2 and 3:
Contents A NNUAL R EPORT I 2010/11
Page 4 and 5:
Gammon House the second largest con
Page 6 and 7:
4 Board of Directors Mr. Peter Gamm
Page 8 and 9:
6 A NNUAL R EPORT I 2010/11 Beas Br
Page 10 and 11:
8 Sohar Jetty, Oman A NNUAL R EPORT
Page 12 and 13:
10 Region-wise Projects as on 31st
Page 14 and 15:
12 Financial Highlights of the deca
Page 16 and 17:
14 A NNUAL R EPORT I 2010/11 Off-Sh
Page 18 and 19:
6000 5000 4000 3000 2000 1000 0 16
Page 20 and 21:
18 Key Projects Chennai Metro Proje
Page 22 and 23:
20 Public Private Partnership Proje
Page 24 and 25:
Pebble Bay at Dollars Colony, Benga
Page 26 and 27:
Your Directors have pleasure in pre
Page 28 and 29:
Option Scheme-2007 of erstwhile ATS
Page 30 and 31:
Considering the continuous scarcity
Page 32 and 33:
Statement showing details of Option
Page 34 and 35:
Name and Designation of Director Mr
Page 36 and 37:
(a) AUDIT COMMITTEE : The Audit Com
Page 38 and 39:
Name, Designation and Address of Co
Page 40 and 41:
(iii) Approval of the Members sough
Page 42 and 43:
6. MEANS OF COMMUNICATION : (a) Fin
Page 44 and 45:
STOCK PERFORMANCE IN COMPARISION TO
Page 46 and 47:
18. Widening & strenghtening of exi
Page 48 and 49:
CEO/CFO CERTIFICATION To The Board
Page 50 and 51:
after USA and China. Indian road ne
Page 52 and 53: (a) Thermal power: In the present s
Page 54 and 55: • Growing urbanization has also r
Page 56 and 57: The Company sees immense opportunit
Page 58 and 59: The operative margin for financial
Page 60 and 61: 4. Your Company has entered into Jo
Page 62 and 63: 4. Patna Highway Projects Limited (
Page 64 and 65: VI. NON-FINANCIAL ORGANISATIONAL IN
Page 66 and 67: A uditors' report to the M e M bers
Page 68 and 69: A nnexure to the A uditors' report
Page 70 and 71: Name of the Statute State Nature of
Page 72 and 73: PROFIT AND LOSS ACCOUNT FOR THE YEA
Page 74 and 75: SCHEDULES FORMING PART OF BALANCE S
Page 76 and 77: SCHEDULE 5 FIXED ASSETS (` in Crore
Page 78 and 79: Face Value Nos. as on Nos. as on 31
Page 80 and 81: As at 31 st March, 2011 As at 31 st
Page 82 and 83: 2010-2011 2009-2010 ` in Crores ` i
Page 84 and 85: (c) Depreciation on revalued compon
Page 86 and 87: 9.95% - Redeemable Non-Convertible
Page 88 and 89: (b) Sundry Debtors include the foll
Page 90 and 91: 13. In respect of the road projects
Page 92 and 93: 20. Additional information pursuant
Page 94 and 95: 23. The Company is engaged mainly i
Page 96 and 97: 33. The balance with The Freyssinet
Page 98 and 99: (d) Transactions of Oman Branch and
Page 100 and 101: SCHEDULE - 1 Related Party Disclosu
Page 104 and 105: Nature of Transactions/Relationship
Page 106 and 107: BALANCE SHEET ABSTRACT OF COMPANY
Page 108 and 109: Metropolitan Infrahousing Private L
Page 110 and 111: Patliputra Highway Limited * Patna
Page 112 and 113: Gammon Holdings B.V. Gammon Interna
Page 114 and 115: Sr. No. Particulars No. of shares/
Page 116 and 117: existing at the date of preparation
Page 118 and 119: CONSOLIDATED PROFIT AND LOSS ACCOUN
Page 120 and 121: C. CASH FLOW FROM FINANCING ACTIVIT
Page 122 and 123: SCHEDULE 4 FIXED ASSETS (` in Crore
Page 124 and 125: As at 31 st March, 2011 As at 31 st
Page 126 and 127: April 10 - March 11 April 09 - Marc
Page 128 and 129: The cash compensation on account of
Page 130 and 131: 10. Investments Investments are cla
Page 132 and 133: When the hedge concerns the fair va
Page 134 and 135: Name of Subsidiaries Country of Inc
Page 136 and 137: (b) In Case of Sofinter the financi
Page 138 and 139: The particulars of Investment in As
Page 140 and 141: K. SOFINTER: The loan envisages the
Page 142 and 143: 12. Retention Bonus for employees:
Page 144 and 145: (b) In respect of the road projects
Page 146 and 147: (b) In respect of currency swap der
Page 148 and 149: VSPL, a subsidiary of the Company,
Page 150 and 151: Annexure I Related party Disclosure
Page 152:
vakils
show all

Annual Report 2010-2011 - Gammon India

Create successful ePaper yourself

Delete template?

Save as template?