|
 |
 |
|
 |
|
| |
|
PROFIT
& LOSS ACCOUNT FOR THE YEAR ENDED 31st DECEMBER
2005
| PARTICULARS |
31st
DEC., 2005 |
31st
DEC., 2004 |
| |
Nu. ch |
Nu. ch |
| |
|
|
Net Operating
Income
(brought forward) |
299,713,007.92 |
201,017,874.40 |
| Write-offs &
losses |
2,012,352.01 |
290,891.98 |
| Write-back of
provision (net) |
81,074,415.52 |
83,730,773.52 |
| |
|
|
| Profit Before
Tax |
216,626,240.39 |
116,996,208.90 |
| |
|
|
| Provision for
taxation |
64,987,872.12 |
35,098,862.67 |
| |
|
|
| Profit After
Tax |
151,638,368.27 |
81,897,346.23 |
| Balance
in Profit & Loss Account (brought forward) |
1,266,344.70 |
1,122,802.99 |
| Transfer of Balance
in Staff Training Fund |
0.00 |
6,000,000.00 |
| Profit Available
for Appropriation |
152,904,712.97 |
89,020,149.22 |
| Proposed dividend |
83,305,600.00 |
59,504,000.00 |
| Transfer To Capital Reserve |
0.00 |
888,211.65 |
| Transfer to Foreign ExchangeFluctuation
Reserve |
8,049,387.00 |
2,792,389.00 |
| Transfer To General Reserve |
45,491,510.48 |
24,569,203.87 |
| Balance in
Profit & Loss Account (carried forward) |
16,058,215.49 |
1,266,344.70 |
|
Significant Accounting
Policies &
Notes on Accounts (Schedule 11)
This is the Profit & Loss Account referred
to in our report of even date.
T K GHOSE &
CO.
Chartered Accountants
Date : 23-Mar-06 
|
|
|
|
|
|
|
|
