in
As at December 31, |
2010 |
2009 |
|
1 |
SHARE CAPITAL |
||
Authorized |
|||
15,000,000 (11,200,000) shares of 1 BRL par value |
39,56,80,063 |
29,51,41,647 |
|
|
|||
Issued, subscribed and paid up |
|||
14,516,997 (6,504,700) shares of 1 BRL par value, fully paid |
38,08,69,146 |
17,14,11,417 |
|
38,08,69,146 |
17,14,11,417 |
2. FIXED ASSETS
in
Particulars |
Original Cost |
Depreciation and amortization |
Net book value |
|||||||
As at Jan 1, 2010 |
Additions / Adjustments |
Deletions / Retirement |
As at Dec |
As at Jan |
For the year |
Deletions / Adjustments |
As at Dec |
As at Dec |
As at Dec |
|
Plant and machinery |
1,24,08,132 |
12,57,502 |
– |
1,36,65,634 |
9,84,677 |
46,31,674 |
(1,96,974) |
58,13,325 |
78,52,309 |
1,14,23,455 |
Computer equipment |
3,59,40,725 |
1,72,91,180 |
– |
5,32,31,905 |
41,22,403 |
2,64,93,506 |
(10,79,862) |
3,16,95,771 |
2,15,36,134 |
3,18,18,322 |
Furniture and fitting |
4,20,40,344 |
28,79,420 |
– |
4,49,19,764 |
32,07,572 |
1,64,35,673 |
(6,71,404) |
2,03,14,649 |
2,46,05,115 |
3,88,32,772 |
Total |
9,03,89,201 |
2,14,28,102 |
– |
11,18,17,303 |
83,14,652 |
4,75,60,853 |
(19,48,240) |
5,78,23,745 |
5,39,93,558 |
8,20,74,549 |
Previous year |
– |
9,03,89,201 |
– |
9,03,89,201 |
– |
83,17,392 |
2,739 |
83,14,652 |
8,20,74,549 |
As at December 31, |
2010 |
2009 |
|
3 |
SUNDRY DEBTORS |
||
Debts outstanding for a period exceeding six months |
|||
Unsecured |
|||
Considered doubtful |
4,53,913 |
– |
|
Other debts |
|||
Unsecured |
|||
Considered good |
12,93,72,379 |
1,07,63,754 |
|
12,98,26,292 |
1,07,63,754 |
||
Less : Provision for doubtful debts |
(4,53,913) |
– |
|
12,93,72,379 |
1,07,63,754 |
4 |
CASH AND BANK BALANCES |
Balances with non-scheduled banks in foreign currency |
|||
In deposit accounts |
1,35,10,000 |
– |
|
In current accounts |
3,37,21,571 |
5,71,00,613 |
|
4,72,31,571 |
5,71,00,613 |
||
– |
– |
5 |
LOANS AND ADVANCES |
Advances |
|||
Prepaid expenses |
5,82,393 |
– |
|
For supply of goods and rendering of services |
2,26,016 |
3,00,272 |
|
Interest accrued but not due |
30,693 |
– |
|
Withholding and other taxes receivable |
1,21,82,243 |
– |
|
Others |
19,09,347 |
11,60,376 |
|
1,49,30,692 |
14,60,648 |
||
Unbilled revenues |
2,21,29,898 |
2,06,64,192 |
|
Loans and advances to employees |
|||
Salary advances |
– |
(3,89,735) |
|
3,70,60,590 |
2,17,35,105 |
6 |
CURRENT LIABILITIES |
Sundry creditors |
|||
Capital |
– |
1,85,77,221 |
|
Goods and services |
2,21,20,740 |
1,35,55,048 |
|
Accrued salaries and benefits |
|||
Salaries |
52,749 |
– |
|
Bonus and incentives |
81,08,213 |
2,287 |
|
For other liabilities |
|||
Provision for expenses |
58,04,455 |
43,23,653 |
|
Withholding and other taxes payable |
1,57,61,467 |
57,09,357 |
|
Unearned revenue |
2,05,85,888 |
– |
|
7,24,33,512 |
42,167,566 |
7 |
PROVISIONS |
Unavailed leave |
1,12,93,252 |
– |
|
1,12,93,252 |
– |
8 |
PROFIT AND LOSS ACCOUNT |
Translation difference |
(49,59,965) |
(2,804,768) |
|
Balance in Profit and Loss account |
4,46,61,365 |
– |
|
Add : (Profits) / Losses during the year |
15,72,36,412 |
4,46,61,365 |
|
20,18,97,777 |
4,46,61,365 |
||
19,69,37,812 |
4,18,56,597 |