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gayatri projects limited - Edelweiss

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SCHEDULE-VCAPITALIZATION STATEMENT(Rs. In Lacs)Pre-Issue as at 31/3/2006 As adjusted for the IssueBorrowingShort term Debt 11,160.39 11,160.39Long Term Debt 14,258.38 14,258.38Total Debt 25,418.77 25,418.77Shareholders’ Funds- Share Capital 900.00 1,000.00- Reserves 8,369.21 11,219.21Total Shareholders funds 9,269.21 12,219.21Long term debt / Equity Ratio 1.54 1.17SCHEDULE-VITAX SHELTER STATEMENT(Rs. In Lacs)Accounting year2005-06 2004-05 2003-04 2002-03 2001-02Tax at Notional Rate 928.84 483.56 328.02 394.64 454.70Adjustments:Differences between Income Tax and (1,235.46) (226.78) (167.88) (342.50) (537.72)Book DepreciationOther Adjustments 18.12 5.24 (45.24) (135.74) 92.44Net Adjustments (1,217.34) (221.54) (213.12) (478.24) (445.28)Tax saving thereon: (409.76) (81.07) (76.46) (175.75) (158.96)Total taxation 519.08 402.49 251.56 218.88 295.74Taxation on extra-ordinary items - - - - -Tax on Profits before extra-ordinary items 519.08 402.49 251.56 218.88 295.74131

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