INDIA INFRASTRUCTURE FINANCE COMPANY LTD.

(A GOVERNMENT OF INDIA ENTERPRISES)

1201-1207, NAURANG HOUSE, K.G. MARG, N.DELHI - 110 001

BALANCE SHEET AS ON 30TH JUNE,2008

                                                                                                                                                                                                                      Rs.

DESCRIPTION As on 30th June 2008 As on 30th June 2007
 (Unaudited)   (Unaudited) 
I SOURCES OF FUNDS    
  (1) Shareholder's Funds    
  (a) Share Capital     3,000,000,000.00    1,000,000,000.00
  (b) Reserve and Surplus        520,161,609.54        93,644,671.75
  (c ) Share Application Money (Pending Allotment)     5,000,000,000.00                          -  
         
  (2) Loan Funds    
  (a) Secured Loans                           -                            -  
  (b) Unsecured Loans    34,806,441,730.00    6,075,978,543.00
         
  (3) Defferred tax liability (Net of Asset)          48,673,680.24            (206,505.87)
         
    TOTAL    43,375,277,019.76    7,169,416,708.88
         
II APPLICATIONS OF FUNDS    
  (1) Fixed Assets    
  (a) Gross Block            6,107,845.51          3,809,121.98
    Less : Depreciation            2,066,951.24          1,214,457.60
    Net Block            4,040,894.27          2,594,664.38
  (b) Capital Work -in-Progress            5,908,027.78                          -  
  (2) Investments    15,051,207,458.54    4,966,800,981.07
         
  (3) Infrastructure Loans     20,199,496,937.54    2,417,887,725.54
  (4) Current Assets, Loans & Advances    
  (a) Cash & Bank Balance     8,876,568,352.95        33,152,496.14
  (b) Other Current Assets        322,688,180.14        87,913,712.04
  (c ) Loans & Advance        123,804,036.41        79,884,485.61
          9,323,060,569.50       200,950,693.79
    Less: Current Liabilities and Provisions    
  (a) Current Liabilities     1,181,320,342.14       392,061,712.68
  (b) Provisions          58,897,660.65        43,733,828.15
          1,240,218,002.79       435,795,540.83
  (5) Net Current Assets     8,082,842,566.71      (234,844,847.04)
         
  (6) Miscellaneous Expenditure to the extent          31,781,134.93        16,978,184.93
    not written off or adjusted    
         
    TOTAL    43,375,277,019.76    7,169,416,708.88

 

 

CONSOLIDATED PROFIT AND LOSS ACCOUNT FOR PERIOD ENDED ON  30TH JUNE,2008 

                                                                                                                                                                                                                                                       Rs. 

DESCRIPTION For the Period ended For the Period ended
30th June, 2008 30th June, 2007
 (Unaudited)   (Unaudited) 
I INCOME    
  Income from Operations         1,008,111,070.11                 188,916,718.62
  Other Income              35,947,443.30                        179,582.05
  Add: Deferred income on account of Depreciation Charged on                  124,900.41                                     -  
  Fixed assets acquired out of Government Gran    
       
  TOTAL INCOME (A)         1,044,183,413.82                 189,096,300.67
II EXPENDITURE    
  Cost of Borrowings            758,325,860.00                 147,336,323.52
  Payments to and provisions for employees               2,749,124.74                     2,288,021.88
  Establishment and other Expenses               8,385,287.13                     2,568,427.15
  Provision for contigencies