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NAGARJUNA OIL CORPORATION LIMITED AUDITED ACCOUNTS 31 ST MARCH, 2007
NAGARJUNA OIL CORPORATION LIMITED BALANCE SHEET AS AT 31 ST MARCH 2007 As at As at Particulars Schedule 31.03.2007 31.03.2006 Rupees Rupees Sources of Funds Shareholders' Funds Share Capital 1 6,845,000,000 5,920,000,000 Reserves and Surplus 2 106,842 106,842 Secured Loans 3 1,595,296,233 1,601,705,916 Total 8,440,403,075 7,521,812,758 Application of Funds Fixed Assets 4 Gross Block 54,062,074 53,465,906 Less: Depreciation 18,932,847 17,927,909 Net Block 35,129,227 35,537,997 Capital Work in Progress 5 8,070,754,865 6,981,877,419 Expenditure pending allocation account 3,197,053,944 2,642,430,259 Current Assets, Loans and Advances 6 Cash and Bank Balances 4,341,774 14,718,073 Other Current Assets Loans and Advances 6,746,702 7,686,843 11,088,476 22,404,916 Less: Current Liabilities and Provisions 7 3,200,713,366 2,487,527,762 Net Current Assets (3,189,624,890) (2,465,122,846) Miscellaneous Expenditure (to the extent not written off or adjusted) 8 327,089,929 327,089,929 Total 8,440,403,075 7,521,812,758 Accounting policies and Notes on Accounts 9 As per our report attached For M Bhaskara Rao & Co., Chartered Accountants V K Muralidhar Partner Place: Hyderabad Date: April26,2007 For and on behalf of the Board Dr.Abid Hussain Chairman Shr KS Raju Shri Minoo R Shroff Shri S Ramasundaram Shri Shankarnarayan R Rao Directors S Rammohan Managing Director
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Page 15 and 16: 7. Impairment of Assets: Impairment
Page 17 and 18: 4. Share Capital During the year, p
Page 19 and 20: 10.. Auditors’ Remuneration: S. N
Page 21: A.Cash flow from Investing activiti

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