Annual Report 2010-2011 - Gammon India

SCHEDULES FORMING PART OF BALANCE SHEET
As at 31 st March, 2011 As at 31 st March, 2010
` in Crores ` in Crores ` in Crores ` in Crores
SCHEDULE 1
SHARE CAPITAL
AUTHORISED
355,000,000 (Previous Year 355,000,000) Equity Shares of ` 2/- each 71.00 71.00
3,000,000 6% Optionally Convertible Preference Shares of ` 350/- each
(Previous Year 3,000,000) 105.00 105.00
176.00 176.00
ISSUED
137,319,722 Equity Shares of ` 2/- each fully paid
(Previous Year 129,019,238 Equity Shares of ` 2/- each) 27.46 25.80
SUBSCRIBED AND PAID-UP
135,739,182 Equity Shares of ` 2/- each
(Previous Year 127,438,698 Equity Shares of ` 2/- each) 27.15 25.49
Of the above
264,000 Shares are issued for consideration other than cash 5,806,700
Shares are issued as fully paid Bonus Shares by Capitalisation of ` 0.70
Crores from Reserves and ` 0.45 Crores from Security Premium Account
20,106,106 Shares are issued as consideration on merger of ATSL with
the Company
SHARE FORFEITURE ACCOUNT 0.34 0.34
Money received in respect of 170,948 Rights Shares of ` 10/- each forfeited
27.49 25.83
SCHEDULE 1 A
EMPLOYEE STOCK OPTION OUTSTANDING
Employee Stock Option Outstanding 2.66 2.66
Less: Transfer to General Reserve for Lapse of ESOP’s 0.48 0.32
Less: Transfer to Securities Premium on Exercise of ESOP’s 1.02 0.39
Less: Deferred Employee Compensation Cost – 0.20
(For details of Stock Option Outstanding Refer Note B-18) 1.16 1.75
1.16 1.75
SCHEDULE 2
RESERVES AND SURPLUS
CAPITAL REDEMPTION RESERVE
As per last Balance Sheet 105.00 –
Add: Transfer from General Reserve – 105.00
105.00 105.00
GENERAL RESERVE
As per last Balance Sheet 200.00 275.00
Less: Transferred to Capital Redumption Reserve – 105.00
Add: On Forfeiture/Lapse of ESOP’s during the year 0.16 0.25
Add: Transferred from Profit & Loss A/c 12.00 29.75
212.16 200.00
SECURITIES PREMIUM
As per last Balance Sheet 957.53 594.67
Add: On issue of Equity Shares under QIP – 301.60
Add: On issue of Equity Shares on exercise of Warrants 72.76 68.36
Add: On issue of Equity Shares on exercise of ESOP's 0.82 0.46
Less: Expenses in connection with the placement of Equity Shares under QIP – 7.56
1,031.11 957.53
A NNUAL R EPORT I 2010/11
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