annual report 2011-12 - Heavy Engineering Corporation Limited
annual report 2011-12 - Heavy Engineering Corporation Limited annual report 2011-12 - Heavy Engineering Corporation Limited
NOTE NO.-9 ANNUAL REPORT 2011-12 Type of Assets OTHER TANGIBLE ASSETS Cost as on 01.04.11 Addition/ Adjustment TANGIBLE ASSETS Gross Block Depreciation Net Block Deduction/ Adjustment Cost as on 31.3.12 Upto 31.03.11 for the year Addition/ (Deduction) upto 31.03.12 As on 31.03.12 1 2 3 4 5 6 7 8 9 10 11 As on 31.03.11 Land 136.65 0.00 0.00 136.65 0.00 0.00 0.00 0.00 136.65 136.65 Development of land 116.70 0.00 0.00 116.70 0.00 0.00 0.00 0.00 116.70 116.70 Plant & Machinery 21691.39 248.83 45.87 21894.35 18626.75 330.89 (43.58) 18914.06 2980.29 3064.64 Plant Buildings 4606.80 0.00 0.00 4606.80 4238.11 7.86 0.00 4245.97 360.83 368.69 Residential Buildings 465.87 0.00 0.00 465.87 309.42 7.07 0.00 316.49 149.38 156.45 Non- Residential Buildings 701.73 7.18 0.00 708.91 385.46 11.08 0.00 396.54 312.37 316.27 Road & Bridges 269.47 0.00 0.00 269.47 111.17 4.44 0.00 115.61 153.86 158.30 Railway Lines & Sidings 334.67 0.00 0.00 334.67 284.62 2.33 0.00 286.95 47.72 50.05 Water Works & Sewerage 589.23 0.00 0.00 589.23 539.57 1.53 0.00 541.10 48.13 49.66 Electrical Installation 564.49 0.52 0.00 565.01 511.81 1.09 0.00 512.90 52.11 52.68 Vehicles & Locomotives 274.76 0.00 0.00 274.76 234.38 1.57 0.00 235.95 38.81 40.38 Construction & Other Equip. 338.72 2.57 0.00 341.29 298.43 3.13 0.00 301.56 39.73 40.29 Furniture, Fixtures & other office Equip. 720.35 44.62 0.00 764.97 558.62 34.65 0.00 593.27 171.70 161.73 SUB-TOTAL OTHER ASSETS(A) 30810.83 303.72 45.87 31068.68 26098.34 405.64 (43.58) 26460.40 4608.28 4712.49 Assets Marked for Transfer to Government of Jharkhand Land 69.03 0.00 0.00 69.03 0.00 0.00 0.00 0.00 69.03 69.03 Residential Buildings 245.88 0.00 0.00 245.88 152.20 4.01 0.00 156.21 89.67 93.68 Non- Residential Buildings 531.33 0.00 0.00 531.33 153.14 8.66 0.00 161.80 369.53 378.19 SUB - TOTAL OTHER ASSETS (B) 846.24 0.00 0.00 846.24 305.34 12.67 0.00 318.01 528.23 540.90 LEASED ASSETS Land 22.32 0.00 0.00 22.32 0.00 0.00 0.00 0.00 22.32 22.32 Residential Buildings 807.08 0.00 0.00 807.08 462.20 13.16 0.00 475.36 331.72 344.88 SUB - TOTAL OTHER ASSETS (C) 829.40 0.00 0.00 829.40 462.20 13.16 0.00 475.36 354.04 367.20 IMPAIRED ASSETS NOTES FORMING PART OF BALANCE SHEET ` in Lakhs AS AT 31.03.2012 AS AT 31.03.2011 Plant & Machinery(As on 31.03.11) 1595.36 0.00 0.00 1595.36 1515.59 0.00 0.00 1515.59 79.77 79.77 Plant & Machinery (During 2011-12) 0.00 45.87 0.00 45.87 0.00 0.00 43.58 43.58 2.29 0.00 SUB-TOTAL IMPAIRED ASSETS(D) 1595.36 45.87 0.00 1641.23 1515.59 0.00 43.58 1559.17 82.06 79.77 TANGIBLE FIXED ASSETS 34081.83 349.59 45.87 34385.55 28381.47 431.47 0.00 28812.94 5572.61 5700.36 PREVIOUS YEAR FIGURES 33799.09 283.09 0.35 34081.83 27975.19 406.28 0.00 28381.47 5700.36 Current period depreciation 431.37 Prior period depreciation 0.10 Total Depreciation 431.47 Provision for Impaired Assets 2.29 Notes :- 1. Deed of conveyance of land for 7199.53 acres includes 2313 acres of land obtained free of cost from the State Govt. 2. This also includes 316.19 acres directly transferred by Bihar Govt. to other Govt. Agencies. 30
ANNUAL REPORT 2011-12 NOTES FORMING PART OF BALANCE SHEET ` in Lakhs AS AT 31.03.2012 AS AT 31.03.2011 NOTE NO. - 10 INTANGIBLE ASSETS Technical Know How fees Opening Balance 211.78 93.17 Addition during the Year 53.74 118.61 TOTAL (A) 265.52 211.78 Less: Amortisation up to Previous Year 60.99 18.63 Less: Amortisation during Current Year 53.11 42.36 TOTAL (B) 114.10 60.99 SUB TOTAL (A-B) 151.42 150.79 Deferred Revenue Expenditures Deferred actuarial Valuation of RTA 0.00 40.18 Deferred Actuarial Valuation of Sick Leave 0.00 0.00 114.58 154.76 TOTAL 151.42 305.55 NOTE NO. - 11 CAPITAL WORK IN PROGRESS Capital Work in Progress Plant & Machinery 3500.15 3408.30 Less: Provisions 870.93 870.93 TOTAL 2629.22 2537.37 Note :- Items under Capital Work-In-Progress above `.10 Lakhs having no / slow Progress amounts to ` 833.93 L (Previous year ` 833.93 L) NOTE NO. - 12 NON-CURRENT INVESTMENTS Investments (Other than trade investment), Unquoted 918 (Prev.Year 918) Equity Share of `38.95 each of Engineering (Projects) India Limited. 0.36 0.36 TOTAL 0.36 0.36 * The paid up value of equity share of Engineering (Projects) India Limited has been reduced from ` 1000/- to ` 38.95 due to restructuring as confirmed by Central Government vide order No. 40/1/2003-CL-III Dated 17.11.2003. 31
- Page 1 and 2: Jeeef
- Page 3 and 4: GLIMPSES OF SOME IMPORTANT EVENTS S
- Page 5 and 6: CONTENTS ANNUAL REPORT 2011-12 1. N
- Page 7 and 8: BOARD OF DIRECTORS (As on 30.11.201
- Page 9 and 10: ANNUAL REPORT 2011-12 DIRECTORS' RE
- Page 11 and 12: ANNUAL REPORT 2011-12 Gross Margin
- Page 13 and 14: ANNUAL REPORT 2011-12 The company d
- Page 15 and 16: ANNUAL REPORT 2011-12 iii) that the
- Page 17 and 18: • Replacement of centralized comp
- Page 19 and 20: ANNUAL REPORT 2011-12 Attendance of
- Page 21 and 22: Annexure to the Auditors Report ANN
- Page 23 and 24: 9. Statutory Dues A. According to t
- Page 25: ANNUAL REPORT 2011-12 COMMENTS OF T
- Page 28 and 29: OUR PROJECTS Conveyor System at New
- Page 30 and 31: OUR PRODUCTS CNC Deep Hole Boring M
- Page 32 and 33: ANNUAL REPORT 2011-12 service cost,
- Page 34 and 35: ANNUAL REPORT 2011-12 STATEMENT OF
- Page 36 and 37: ANNUAL REPORT 2011-12 NOTES FORMING
- Page 40 and 41: ANNUAL REPORT 2011-12 NOTES FORMING
- Page 42 and 43: ANNUAL REPORT 2011-12 NOTES FORMING
- Page 44 and 45: ANNUAL REPORT 2011-12 NOTES FORMING
- Page 46 and 47: ANNUAL REPORT 2011-12 NOTES FORMING
- Page 48 and 49: ANNUAL REPORT 2011-12 NOTES FORMING
- Page 50 and 51: ANNUAL REPORT 2011-12 NOTE NO. 29 N
- Page 52 and 53: ANNUAL REPORT 2011-12 12.11.2010. C
- Page 54 and 55: ANNUAL REPORT 2011-12 ANNEXURE - I
- Page 56 and 57: ANNUAL REPORT 2011-12 ANNEXURE - II
- Page 58 and 59: ANNUAL REPORT 2011-12 Heavy Machine
- Page 60 and 61: ANNUAL REPORT 2011-12 D. STOCK OF F
- Page 62 and 63: ANNUAL REPORT 2011-12 2011-12 2010-
- Page 65 and 66: kebâheveer keâer keâeÙe&#ecelee
ANNUAL REPORT <strong>2011</strong>-<strong>12</strong><br />
NOTES FORMING PART OF BALANCE SHEET<br />
` in Lakhs<br />
AS AT 31.03.20<strong>12</strong> AS AT 31.03.<strong>2011</strong><br />
NOTE NO. - 10<br />
INTANGIBLE ASSETS<br />
Technical Know How fees<br />
Opening Balance 211.78 93.17<br />
Addition during the Year 53.74 118.61<br />
TOTAL (A) 265.52 211.78<br />
Less: Amortisation up to Previous Year 60.99 18.63<br />
Less: Amortisation during Current Year 53.11 42.36<br />
TOTAL (B) 114.10 60.99<br />
SUB TOTAL (A-B) 151.42 150.79<br />
Deferred Revenue Expenditures<br />
Deferred actuarial Valuation of RTA 0.00 40.18<br />
Deferred Actuarial Valuation of Sick Leave 0.00 0.00 114.58 154.76<br />
TOTAL 151.42 305.55<br />
NOTE NO. - 11<br />
CAPITAL WORK IN PROGRESS<br />
Capital Work in Progress<br />
Plant & Machinery 3500.15 3408.30<br />
Less: Provisions 870.93 870.93<br />
TOTAL 2629.22 2537.37<br />
Note :- Items under Capital Work-In-Progress above `.10 Lakhs having no / slow Progress amounts to ` 833.93 L (Previous year ` 833.93 L)<br />
NOTE NO. - <strong>12</strong><br />
NON-CURRENT INVESTMENTS<br />
Investments<br />
(Other than trade investment), Unquoted 918 (Prev.Year 918) Equity Share of `38.95<br />
each of <strong>Engineering</strong> (Projects) India <strong>Limited</strong>. 0.36 0.36<br />
TOTAL 0.36 0.36<br />
* The paid up value of equity share of <strong>Engineering</strong> (Projects) India <strong>Limited</strong> has been reduced from ` 1000/- to ` 38.95 due to restructuring as<br />
confirmed by Central Government vide order No. 40/1/2003-CL-III Dated 17.11.2003.<br />
31
Change language