Annual Report 2010-2011 - Gammon India

Face Value Nos. as on Nos. as on 31.03.2011 31.03.2010
` 31.03.2011 31.03.2010 ` in Crores ` in Crores
Gorakhpur Infrastructure Company Limited (Refer Note B-9) 10 16,828,987 11,478,672 16.83 11.48
Kosi Bridge Infrastructure Company Limited (Refer Note B-9) 10 12,562,831 12,562,831 12.56 12.56
Rajahmundry Expressway Limited (Refer Note B-9) 10 5,655,000 5,655,000 5.65 5.65
Andhra Expressway Limited (Refer Note B-9) 10 5,655,000 5,655,000 5.65 5.65
211.53 168.82
Add: Acquisition of Beneficial Interest in REL & AEL in lieu
of Deposit paid (Refer Note B-9) 5.66 5.66
217.19 174.48
Less: Transfer of Beneficial Interest in SPV's in lieu of
Deposit received (Refer Note B-9) 44.50 39.15
(D) 172.69 135.33
(e) Other Investments
(Fully paid-up unless otherwise stated)– Current
Ordinary Shares: (Quoted)
Sadbhav Engineering Limited 1* 521,240 251,585 0.71 1.51
Technofab Engineering Limited 10 1,175,000 1,175,000 3.17 3.17
Housing Development Finance Corporation Limited 2* 40,000 8,000 0.18 0.18
HDFC Bank Limited 10 1,069 1,069 0.02 0.02
ICICI Bank Limited 10 2,500 2,500 0.04 0.04
Infosys Limited 5 400 400 0.03 0.03
Larsen & Toubro Limited 2 8,000 8,000 0.05 0.05
Ultratech Cement Limited 10 1,600 1,600 0.04 0.04
Bank of Baroda 10 4,200 4,200 0.04 0.04
Gujarat State Financial Corporation 10 4,600 4,600 0.01 0.01
Cords Cable Industries Limited 10 33,502 33,502 0.45 0.45
(E) 4.74 5.54
3. MUTUAL FUND (CURRENT)
HDFC Mutual Fund – Equity Fund (Growth) – 1,566 – 0.03
HDFC Mutual Fund – Top 200 Fund (Growth) – 16,016 – 0.26
HDFC Mutual Fund – Prudance Fund (Growth) – 15,026 – 0.23
Kotak Mahindra Mutual Fund K-30 Equity Scheme (Growth) – 36,261 – 0.31
(F) – 0.83
4. SHARE APPLICATION MONEY PENDING ALLOTMENT (G) 12.00 35.00
5. OTHERS
Investment through Gammon India Trust
(Mutual Fund Investment)
ICICI Prudential FMP 580,000 – 0.58 –
SBI Debt Fund 360,000 – 0.36 –
L & T Select Income Fund Flexi Debt 334,883 – – 0.34
Own Company Shares (Refer Note B-28) 1.69 1.69
(H) 2.63 2.03
GRAND TOTAL (A+B+C+D+E+F+G+H) 212.34 198.90
Less: Provisions for diminution in the value of Investment 1.04 0.71
* Previous Year Face Value ` 10/-
211.30 198.19
SUMMARY OF INVESTMENTS:
Unquoted
Aggregate Book Value of Foreign Investments 21.84 21.71
Aggregate Book Value of Indian Investments (including Share Application money) 77.53 64.02
Quoted
99.37 85.73
Aggregate Book Value of Indian Investments 112.97 113.17
GRAND TOTAL 212.34 198.90
Market Value of Quoted Investments 1,018.54 1,480.81
A NNUAL R EPORT I 2010/11
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