REC- 1-51.p65 - Rural Electrification Corporation Ltd.

RURAL ELECTRIFICATION CORPORATION LIMITED
CONTENTS
1. Chairman’s letter to Shareholders .................................................................................................................5
2. Notice of AGM ................................................................................................................................................9
3. Directos’ Profile ........................................................................................................................................... 17
4. Directors’ Report.......................................................................................................................................... 20
5. Management Discussion and Analysis Report .......................................................................................... 39
6. Report on Corporate Governance ............................................................................................................... 42
7. Auditors’ Certificate on Corporate Governance ........................................................................................ 51
8. Balance Sheet .............................................................................................................................................. 52
9. Profit & Loss Account ................................................................................................................................. 53
10. Schedules ..................................................................................................................................................... 54
11. Significant Accounting Policies ................................................................................................................. 73
12. Cash Flow Statement .................................................................................................................................. 76
13. Auditors’ Report .......................................................................................................................................... 78
14. Non-Banking Financial Companies Auditors’ Report............................................................................... 81
15. Comments of C & AG of India..................................................................................................................... 82
16. Statement Pursuant to Section 212 (1) (e) of Companies Act, 1956 ......................................................... 83
17. Consolidated Financial Statements ............................................................................................................ 84
18. Addresses of REC Offices .......................................................................................................................... 108
19. Proxy Form/Attendance Slip .................................................................................................................... 111
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