|
FINANCIAL POSITION:
The authorized share capital of the Corporation is Rs.300.00
lac against which the paid-up capital is Rs.246.08 lac, totally subscribed by the H.P.State Government. The profit for the year 2003-04 is Rs.12.68
lac, for 2004-05 is Rs.25.35 lac , for the year 2005-06
is Rs.56.02 lac ,for 2006-07 is Rs. 8.03 lac and for the
year 2007-08 is Rs.1.34 lac.
• Budget
Proposal
Amount (Rs. in Lacs.)
|
SR NO
|
Particulars
|
2008-09
|
2009-10 |
|
1
|
Turnover |
4877.00 |
4920.00 |
|
2
|
Gross Profit & other income |
134.22 |
153.25 |
|
3
|
Expenditure |
127.02 |
144.75 |
|
4
|
Profit |
7.20 |
8.50 |
The projection of
turnover and profit for the year 2009-10 is subject to the continuance of SSI
rebate on Iron & Steel to the Corporation ,availability
of materials from prime producers and market trends.
H.P. STATE SMALL INDUSTRIES & EXPORT CORPORATION LTD, SHIMLA
STATEMENT SHOWING SALES, GROSS PROFIT,
EXPENDITURE, PROFIT AND LOSS POSITION FOR THE FINANCIAL
YEAR 2007-08 and 2008-09 (estamated).
Amount (Rs. in Lacs.)
OTHER INCOME |
2008-09 |
2009-10 |
Rent of Industrial sheds |
19.87 |
19.90 |
Interest on FDR's |
18.05 |
20.00 |
Commission from IOC Bitumen |
44.24 |
63.30 |
Commission on sale of marketing goods |
10.26 |
2.00 |
Misc. Income |
0.86 |
0.50 |
| TOTAL |
93.28 |
105.70 |
|
