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

54
Authorised
SCHEDULE ‘1’ CAPITAL
(Rs. in Lacs)
As at 31.03.2010 As at 31.03.2009
1200,000,000 (Previous Year 1200,000,000) Equity shares of Rs.10 each 1,20,000.00 1,20,000.00
Issued, Subscribed and Paid up
987459000 (Previous Year 858660000) fully paid up Equity shares of Rs. 10 each 98,745.90 85,866.00
Total 98,745.90 85,866.00
(A) Capital Reserves
SCHEDULE ‘2’ RESERVES AND SURPLUS
Opening Additions/ Deductions/
(Rs. in Lacs)
Closing
Balance adjustments adjustments Balance
as on 01.04.2009 during the year during the year as at 31.03.2010
i) Capital Reserve (Grant from USAID) 10,500.00 - - 10,500.00
ii) Security Premium* 72,216.48 2,51,940.52 1,955.19 3,22,201.81
Sub Total (A) 82,716.48 2,51,940.52 1,955.19 3,32,701.81
(B) Other Reserves
i) Special Reserve created u/s 36(1) (viii)
of the Income Tax Act,1961 2,83,779.77 45,803.00 - 3,29,582.77
ii) Reserve for Bad and doubtful debts
u/s 36(1)(viia) of the Income Tax Act,1961 34,369.13 10,760.00 - 45,129.13
iii) General Reserve** 1,04,887.38 1,04,887.38
Additions: During the year
- Transferred from Profit & Loss A/C 50,000.00 50,000.00
- Reversal of Deferred Tax Liability 63,879.87 63,879.87
1,04,887.38 1,13,879.87 - 2,18,767.25
iv) Profit & Loss Account** 27,389.24 55,717.39 - 83,106.63
Sub Total (B) 4,50,425.52 2,26,160.26 - 6,76,585.78
Total (A+B) 5,33,142.00 4,78,100.78 1,955.19 10,09,287.59
* Additions represent amount transferred from Profit after Tax and the amount of Share Premium received on Further Public Offering net
of amount written back in respect of liability excess provided in previous years for Initial Public Offering. Deductions/ adjustments
represent REC’s share of Issue expenses relating to Further Public offering of shares.
** Addition to Profit & Loss Account include Rs.32,576.87 lakhs and General Reserve Rs.63,879.87 lakhs on account of reversal of Deferred
Tax Liability created Special Reserves as explained in note no. 21(B) of Schedule-17, Notes to the accounts.