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Annual Report 2010-2011 - Gammon India

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DETAILS OF SUBSIDIARIES OF GAMMON INDIA LTD.<br />

(Pursuant to the Central Government Order under Section 212(8) of the Companies Act, 1956<br />

Sr. No. Particulars <strong>Gammon</strong> Italy<br />

Srl<br />

108<br />

A NNUAL R EPORT I <strong>2010</strong>/11<br />

SAE Powerlines<br />

Srl<br />

P. Van Eerd<br />

Beheersmaatschappaji<br />

B.V. -Netherland<br />

ATSL Holdings BV,<br />

Netherland<br />

Associated<br />

Transrail<br />

Structures Ltd.,<br />

Nigeria<br />

Campo<br />

Puma<br />

Oriente S.A.<br />

Financial year ending on 31st December, <strong>2010</strong> 31st December, <strong>2010</strong> 31st March, <strong>2011</strong> 31st March, <strong>2011</strong> 31st March, <strong>2011</strong> 31st December, <strong>2010</strong><br />

Currency EURO EURO EURO EURO Naira USD<br />

Exchange rate on the last day of financial year 59.81 59.81 63.24 63.24 0.29 44.81<br />

1. Share Capital (including share application money<br />

pending allotment) 598,100 461,638,581 1,004,378 1,152,855 2,900,000 537,720<br />

2. Reserves (714,909) (437,824,761) (176,728,830) (85,833,781) (12,678,541) 2,975,038<br />

3. Liabilities 421,182 2,190,124,547 671,856,429 760,995,944 10,381,157 2,039,414,127<br />

4. Total Liabilities 304,373 2,213,938,367 496,131,977 676,315,018 602,616 2,042,926,885<br />

5. Total Assets 304,373 2,213,938,367 496,131,977 676,315,018 602,616 2,042,926,885<br />

6. Investments (excluding subsidiary companies) — — 474,629,645 — — 1,744,688,956<br />

7. Turnover — 1,887,594,096 — — — —<br />

8. Profit before taxation (212,013) (170,844,587) (30,364,582) (34,085,444) (6,083,808) —<br />

9. Provision for taxation — 100,058,772 — — — —<br />

10. Profit after taxation (212,013) (270,903,360) (30,364,582) (34,085,444) (6,083,808) —<br />

11. Dividend – Equity — — — — — —<br />

12. Dividend – Preference — — — — — —<br />

13. Proposed Dividend – Equity — — — — — —<br />

14. Proposed Dividend – Preference — — — — — —<br />

Details of Investment<br />

(I) Joint Ventures<br />

Punjab Biomass Power Limited<br />

Eversun Sparkle Maritimes Services<br />

— — — — — —<br />

Pvt. Limited — — — — — —<br />

SEZ Adityapur Limited — — — — — —<br />

Indira Container Terminal<br />

Pvt. Limited — — — — — —<br />

(II) Other<br />

Modern Toll Roads — — — — — —<br />

ATSL Infrastructure Projects Limited — — — — — —<br />

Haryana Biomass Power Limited — — — — — —<br />

Blue Water Iron Ore Terminal Pvt. Limited — — — — — —<br />

Sadelmi Spa — — 474,629,645 — — —<br />

Non Traded, Redeemable, Quoted NCDs' — — — — — —<br />

Investment in Mutual Fund — — — — — —<br />

Partnership firm (Aparna Infra Energy) — — — — — —<br />

Other — — — — — 1,744,688,956<br />

*** The Companies became subsidiary during the year <strong>2010</strong>-11.

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