PATNA MUNICIPAL CORPORATION ANNUAL FINANCIAL STATEMENT (REVISED)

Transcription

1 PATNA MUNICIPAL CORPORATION ANNUAL FINANCIAL STATEMENT (REVISED) SREI Infrastructure Finance Ltd. (Infrastructure Advisory Group), Kolkata Contract : SPUR-TAST/ /07/036

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3 CONTENTS 1. Consolidated Annual Financial Statement for for Patna Municipal Corporation (PMC) 2. Consolidated Annual Financial Statement for for Patna Regional Development Authority (PRDA) 3. Notes on Accounts

4 PATNA MUNICIPAL CORPORATION BALANCE SHEET AS AT MARCH 31, 2008 CODE NO. PARTICULARS SCHEDULE NO. CURRENT YEAR PREVIOUS YEAR LIABILITIES RESERVES & SURPLUS Municipal (General) Fund B-1 53,63,55, ,12,68, Earmarked Funds B Reserves B Total Reserves & Surplus 53,63,55, ,12,68, GRANTS/CONTRIBUTIONS FOR SPECIFIC PURPOSE B-4 91,33,82,402 28,54,01,000 LOANS Secured Loans B Unsecured Loans B-6 41,00,41,074 41,00,41,074 Total Loans 41,00,41,074 41,00,41,074 CURRENT LIABILITIES & PROVISIONS Deposits Received B-7 14,12,434 14,44, Deposit works B Other Liabilities (Sundry Creditors) B-9 52,23,44,397 58,13,04, Provisions B-10 8,44,06,197 0 Total Current Liabilities & Provisions 60,81,63,028 58,27,48,762 TOTAL LIABILITIES 246,79,41, ,94,59,454 ASSETS FIXED ASSETS B Gross Block 98,36,14,091 98,30,40, Less : Accumulated Depreciation 20,45,78,319 17,38,83,773 Net Block 77,90,35,772 80,91,56, Capital Work-in-progress Total Fixed Assets 77,90,35,772 80,91,56,284 INVESTMENTS Investment General Fund B-12 29,19,55, Investment Other Funds B-13 32,29,94,416 3,41,78,373 Total Investments 61,49,49,549 3,41,78,373 CURRENT ASSETS, LOANS AND ADVANCES Stock in Hand (Inventories) B Sundry Debtors (Receivables) Gross amount outstanding B ,27,31, ,71,03, Less : Accumulated provision against 176,80,45,903 Bad and Doubtful Receivables Net amount outstanding 32,46,85, ,71,03, Prepaid Expenses B Cash and Bank Balances B-17 21,81,39,939 43,31,54, Loans, Advances and Deposits B-18 38,25,17,022 8,39,75,490 Less : Accumulated Provision against Loans and Advances Net amount outstanding 38,25,17,022 8,39,75,490 Total Current Assets, Loans and Advances 92,53,42, ,42,34, Other Assets B-19 14,86,13,537 7,18,90, Miscellancous Expenditure B (to the extent not written off or adjusted) 14,86,13,537 7,18,90,523 TOTAL ASSETS 246,79,41, ,94,59,454

5 PATNA MUNICIPAL CORPORATION SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-1 Municipal (General) Fund [ 310] Opening Balance as per last account Additions during the year* Balance at the end of the year Municipal Fund 216,12,68,619 9,59,78, ,72,46, ,84,91,638 49,87,55, Excess of Income over Expenditure 3,76,00,001 3,76,00,001 3,76,00,001 Total Municipal Fund 216,12,68,619 13,35,78, ,48,46, ,84,91,638 53,63,55,199 * Additions include contributions towards the Fund, Adjustments to Opening Balance Sheet and also Excess of Income over Expenditure ** Deductions include Contributions from the Fund, Adjustments to Opening Balance Sheet and also Excess of Expenditure over Income Total Deductions during the year**

6 PATNA MUNICIPAL CORPORATION SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-2 Earmarked Funds (Special Funds/Sinking Fund/Trust or Agency Fund) [ 311] Water Supply Fund Drainage & Sewerage Fund Special Fund 3 Special Fund 4 Special Fund 5 Pension Fund for Contingent Staff a. Opening Balance a b. Additions to Special Fund i. Transfer from Municipal Fund - ii. Interest/Dividend earned on Special Fund Investments iii. Profit on disposal of Special Fund Investments iv. Appreciation in value of Special Fund Investments Investments v. Other Additions Sub-total b Total a + b c. Payments out of Funds i. Capital Expenditure on: Fixed Assets Others Sub-total i ii. Revenue Expenditure on; Salary, Wages and allowances etc. Rent Other administrative charges - Sub-total ii iii. Others: Loss on disposal of Special Fund Investments Diminution in Value of Special Fund Investments Transferred to Municipal Fund Sub-total iii Total ( i + ii + iii ) c Net Balance at the year-end a + b - c Grand Total of Special Funds -

7 PATNA MUNICIPAL CORPORATION SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-3 Reserves [ No 312] Opening Balance Additions during the year Balance at the end of the Current Year Capital Contribution Capital Reserve Borrowing Redemption Reserve Special Funds (Utilized) Statutory Reserve General Reserve Revaluation Reserve Total Municipal Fund Total Deductions during the year

8 PATNA MUNICIPAL CORPORATION SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-4 Grants & Contribution for Specific Purposes [ No 320] Grants from Central Government Grants from State Government Grants from Other Government Agencies Grants from Financial Institutions Grants from Welfare Bodies Grants from International Organisations a. Opening Balance a 28,54,01,000 b. Additions to the Grants * i. Grant received during the year 63,23,09,783 ii. Interest/Dividend earned on Grant Investments iii. Profit on disposal of Grant Investments iv. Appreciation in Value of Grant Investments v. Other Additions Sub-total b - 63,23,09, Total a + b - 91,77,10, c. Payments out of Funds i. Capital Expenditure on: Fixed Assets * Others Sub-total i ii. Revenue Expenditure on; Salary, Wages and allowances etc. Rent Other 43,28,381 Sub-total ii - 43,28, iii. Others: Loss on disposal of Special Fund Investments Diminution in Value of Special Fund Investments Grants Refunded Sub-total iii Total ( i + ii + iii ) c - 43,28, Net Balance at the year-end a + b - c - 91,33,82, Total Grants & Contributions for Specific Purposes 91,33,82,402 * For transferring completed capital assets, expenditure incurred will be capitalized and assets will be taken to Fixed Assets schedule (B 11) and Capital contribution will be increased by the same amount. Others

9 PATNA MUNICIPAL CORPORATION SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-5 Secured Loans [ No 330] Current Year Previous Year Loans from Central Government Loans from State Government Loans from Govt. bodies & Associations Loans from international agencies Loans from banks & other financial institutions Other Term Loans Bonds & debentures Other Loans Total Secured Loans 0 0 Schedule B-6 Unsecured Loans [ No 331] Current Year Previous Year Loans from Central Government Loans from State Government 41,00,41,074 41,00,41, Loans from Govt. bodies & Associations Loans from international agencies Loans from banks & other financial institutions Other Term Loans Bonds & debentures Other Loans Total Unsecured Loans 41,00,41,074 41,00,41,074 Schedule B-7 Deposits Received [ No 340] Current Year Previous Year Deposits Received - From Suppliers/Contractors 14,12,434 14,44, Deposit Revenues Deposits Received From staff Deposits Received From Others Total deposits received 14,12,434 14,44,419

10 PATNA MUNICIPAL CORPORATION SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-8 Deposits Works [ No 341] Opening balance as the beginning of the Additions during the current year Utilization/ expenditure Balance outstanding at the end of the current year year Civil Electrical Others - Total of deposit works Schedule B-9 Other Liabilities (Sundry Creditors) [ No 350] Current Year Previous Year Creditors 1,29,762 16,08, Employee Liabilities 1,21,12,915 6,26,48, Interest Accrued and Due 48,55,91,952 43,22,86, Recoveries Payable 2,42,68, Government Dues Payable 2,40,970 19,46, Refunds Payable Advance Collection of Revenues Others 8,28,14,707 Total Other liabilities (Sundry Creditors) 52,23,44,397 58,13,04,343 Schedule B-10 Provisions [ 360] Current Year Previous Year Provision for Expenditures 8,44,06, Provision for Interest Provision for Other Assets 0 Total Provisions 8,44,06,197 -

11 PATNA MUNICIPAL CORPORATION SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-11 Fixed Assets [ 410 & 411] period period the year period period the year Land 13, , ,352 13, Buildings 21,86,31, ,86,31,547 2,33,87,923 3,15,904 2,37,03,827 19,49,27,720 19,52,43,624 Infrastructure Assets Roads and Bridges Sewerage and drainage 2, , ,637 2, Water ways 75,98,24, ,98,24,348 14,78,13,411 2,98,93,614 17,77,07,025 58,21,17,323 61,20,10, Public Lighting Other assets Plants & Machinery 3 9, , , Vehicles 45,15, ,15,793 26,51,639 3,72,089 30,23,728 14,92,065 18,64, Office & other equipment 5,64, ,64, ,64, Furniture, fixtures, fittings 0 0 and electrical appliances 52, ,377 30,800 1,12,939 1,43,739-91,362 21, Other fixed assets Total 98,30,40,057 5,74, ,36,14,091 17,38,83,773 3,06,94, ,45,78,319 77,90,35,772 80,91,56,284 Opening Balance Additions during the Gross Block Deductions during the Cost at the end of Opening Balance Accumulated Depreciation Additions Deductions during the during the Additions include fixed assets created out of Earmarked Funds and Grants transferred to Municipality's fixed block as referred to in Schedule B-2 and B-4 Total at the end of At the end of current year Net Block At the end of previous year

12 PATNA MUNICIPAL CORPORATION SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-12 Investments - General Fund [ 420] With whom Current year Previous year Face value invested Carrying Cost Carrying Cost Central Government Securities State Government Securities Debentures and Bonds Preference Shares Equity Shares Units of Mutual Funds Other Investments Schedule Bank 29,09,62,000 29,19,55,133 Total of Investments General F - 29,09,62,000 29,19,55,133 0 Schedule B-13 Investments - Other Funds [ 421] With whom Current year Previous year Face value invested Carrying Cost Carrying Cost Central Government Securities State Government Securities Debentures and Bonds Preference Shares Equity Shares Units of Mutual Funds Other Investments Schedule Banks 32,29,94,416 34,178, Total of Investments Other Fun ,29,94,416 34,178, Schedule B-14 Stock in Hand (Inventories) [ 430] Current Year Previous Year Stores Loose Tools Others Total Stock in hand 0 -

13 PATNA MUNICIPAL CORPORATION SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-15 Sundry Debtors (Receivables) [ No 431] Provision for Previous year Gross Amount Outstanding Revenues Net Amount Net amount ( 432) Rec'bles for Property Taxes Less than 5 years * 205,74,95, ,80,45,903 28,94,49, ,18,67,608 More than 5 years * 0 Sub-total 205,74,95, ,80,45,903 28,94,49, ,18,67, Less: State Government Cesses/Levies in Taxes - Control Accounts Net Rec'bles of Property Tax 205,74,95, ,80,45,903 28,94,49, ,18,67, Receivable of Other Taxes Less than 3 years * 0 More than 3 years * 0 Sub-total Less: State Government Cesses/Levies in Taxes - Control Accounts Net Receivables of Other Ta Receivables of Cess Less than 3 years * 0 More than 3 years * 0 Sub-total Receivables for Fees and User Charges Less than 3 years * 0 More than 3 years * 0 Sub-total Sub-total 205,74,95, ,80,45,903 28,94,49, ,18,67, Receivables from Other Sources Less than 3 years * 3,52,36,284 3,52,36,284 3,52,36,284 More than 3 years * 0 Sub-total 3,52,36, ,52,36,284 3,52,36, Receivables from Government Total Sundry Debtors(Receivab 209,27,31, ,80,45,903 32,46,85, ,71,03,892 * Break up for provision for outstanding revenues are given in Column 4 Schedule B-16 Prepaid Expenses [ No 440] Current Year Previous Year Establishment Administrative Operations & Maintenance Total Prepaid expenses - -

14 PATNA MUNICIPAL CORPORATION SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-17 Cash and Bank Balances [ No 450] Current Year Previous Year Cash 31,61,531 8,26,998 Balance with Bank Municipal Funds Nationalized Banks 6,85,89,631 36,15,80, Other Scheduled Banks Scheduled Co-operative Banks Post Office 77,29, Treasury 13,86,59,602 7,07,46,982 Sub-total 21,81,39,939 43,31,54,893 Balance with Bank Special Funds Nationalized Banks Other Scheduled Banks Scheduled Co-operative Banks Post Office Treasury Sub-total 0 0 Balance with Bank Grant Funds Nationalized Banks Other Scheduled Banks Scheduled Co-operative Banks Post Office Treasury Sub-total 0 0 Total Cash and Bank balances 21,81,39,939 43,31,54,893 Schedule B-18 Loans, advances and deposits [ 460] Opening Balance at the Paid during the Recovered during Balance outstanding beginning of the year current year the year at the end of the year Loans and Advances to Employees 9,784, ,512, Employee Provident Fund Loans 546, ,336, Loans to Others Advance to Suppliers and Contractors 2,569, ,716, Advance to Others 491, Deposit with External Agenci 71,075, ,459, Other Current Assets Sub-total 83,975, ,517, Less: Accumulated Provisions against Loans, Advances and Deposits (Schedule B 18 (a)] Total Loans, Advances & Depo 83,975, ,517,022.00

15 PATNA MUNICIPAL CORPORATION SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-18(a) Accumulated Provisions against Loans, Advances, and Deposits Current Year Previous Year Loans to Others Advances Deposits Total Accumulated Provision - - Schedule B-19 Other Assets [ No 470] Current Year Previous Year Deposit Works Expenditure Inter Unit Accounts 14,86,13,537 7,18,90, Suspense Accounts 0 Total Other Assets 14,86,13,537 7,18,90,523 Schedule B-20 Miscellaneous Expenditure (to the extent not written off) [ No 480] Current Year Previous Year Loan Issue Expenses Discount on Issue of Loans Others Total Miscellaneous expenditure - -

16 Year Office Letter # Date of disbursement Net Year end date Sub Schedule -I of Schedule B 6 Day till year end PMC Rate of Interest 13% No of years till Total Interest due as on No of years till Total Interest due as on Annual Interest Interest till year end ,591, , , ,268, ,865, ,503, , , ,697, ,893, , , , ,483, ,591, , , , , , ,255, , , ,945, ,238, ,295, , , ,023, ,322, ,887, , , ,071, ,966, , , , ,343, ,443, , , ,271, ,369, ,394, ,008, ,660, ,591, , , ,668, ,265, ,578, , , ,636, ,841, ,500, ,015, ,507, ,687, ,702, ,085, , , ,008, ,409, , , , ,555, ,680, , , , ,555, ,680, ,350, , , ,565, ,261, ,170, , , ,711, ,513, ,085, , , ,814, ,215, ,286, ,202, ,569, ,399, , , ,232, ,674, ,065, , , ,174, ,443, ,399, , , ,088, ,530, ,788, ,662, , ,692, ,355, ,684, , , ,081, ,080, ,337, ,269, ,083, ,000, , , ,454, ,974, ,152, , , ,560, ,710, ,333, , , ,220, ,913, ,666, ,386, , ,919, ,306, ,152, ,154, ,904, ,072, ,179, , ,966, ,146, ,464, ,530, , ,272, ,803, ,144, ,358, , ,248, ,607, ,492, ,264, ,624, ,001, ,265, ,173, ,488, ,821,540.29

17 Year Office Letter # Date of disbursement Net Year end date Day till year end Rate of Interest 13% No of years till Total Interest due as on No of years till Total Interest due as on Annual Interest Interest till year end ,225, ,199, , ,560, ,759, ,433, , , ,734, ,051, ,378, ,349, , ,495, ,845, ,998, , , ,536, ,186, ,035, ,328, ,842, ,239, ,241, , ,645, ,886, ,479, , , ,811, ,783, ,718, ,457, ,670, ,054, ,047, , ,721, ,768, ,193, , , ,636, ,571, ,248, ,358, ,340, ,876, ,193, ,580, ,550, ,744, ,977, ,817, ,309, ,394, ,211, ,853, ,945, ,956, ,625, , , ,438, ,169, ,306, ,339, , ,221, ,561, ,931, ,660, ,731, ,204, ,716, , ,085, ,802, ,000, ,250, , ,542, ,792, ,000, ,300, , ,181, ,481, ,204, ,809, ,076, ,083, ,260, ,625, ,147, ,408, ,083, ,147, ,408, TOTAL 386,422, ,829, ,064, ,234,976.61

18 Sub Schedule -II of Schedule B 6 Water Supply Division Year Office Date of Net Year end Day till Rate of 13% No of years Total Interest due No of years Total Interest due Letter # disbursement date year end Interest till as on till as on Annual Interest till Interest year end , , , , , , , , ,344, ,444, , , , , ,536, ,680, ,880, , , , , , , , , , , , , , , , , , , ,104, ,194, ,343, ,165, ,340, , , , , , , , , , , ,605, , , ,745, ,084, ,481, ,053, ,506, ,172, , , ,590, ,743, ,172, , , ,227, ,380, ,345, ,818, ,123, , , , , ,069, , , ,069, , , , , ,013, ,650, , , ,737, ,952, ,475, ,643, ,965, ,458, , , ,373, ,693, ,458, ,373, ,693, ,324, , , ,821, ,123, ,324, ,821, ,123, ,303, , , ,631, ,930, ,303, ,631, ,930, , , , , , ,455, , , , ,067, ,223, ,348, ,637, ,344, , , , ,258, ,344, , ,258, TOTAL 23,618, ,457, ,527, ,070,363.01

19 Sub Schedule to Schedule B17 Balance with Bank Municipal Funds 143,469,273 Bank Of Baroda (Expend.A/C 20955)NCC ,304,261 - Bank of Baroda A/c ,366,766 - Bank Of Baroda A/C ,775 - Bank of Baroda A/c ,806,650 - Bank of Baroda A/c ( ) Bank of Baroda A/c ,152,001 - Bank of Baroda A/c ,332 - Bank of Baroda A/c ,350,425 - Bank of Baroda A/c ,387,660 - Bank of Baroda Gulzarbagh A/c No Bank Of Baroda Gulzarbagh,A/c ,369,110 - Bank of Baroda SB Gulz Br ,881,817 - Bank of Baroda, Main Br. A/c Bank of India A/c No ,157 - Bank of India A/c ,644,707 - Canara Bank A/c ,240,594 - Canara Bank Exhibition Road Patna(A/c 51777) ,289,622 - Corporation Bank (CA/01/001748) ,577,249 - Indian Bank (A/c ) ,258,483 Indian Bank CA ,818,964 - Indian Bank Jhauganj PNB A/C (OLD) ,574 - PNB A/C 228(Old) ,761 - Punjab National Bank (A/c ) ,521,147 SBI Secr. Br ,401 State Bank Sec. (A/c ) ,882,810 - U.B. I. A/C ,415,657 U.B.I. A/C Union Bank ,564,312 - UTI Bank (A/c: ) ,030,586 General Post Office ,813,955-5,813,955 PMC Treasury A/c ,659, ,659,602

20 Er Ok Er Ok Er Ok Er Ok Er Ok PATNA MUNICIPAL CORPORATION INCOME AND EXPENDITURE STATEMENT FOR THE YEAR ENDED CODE NO. ITEM/HEAD OF ACCOUNT SCHEDULE NO CURRENT YEAR PREVIOUS YEAR INCOME Tax Revenue I-1 27,32,66, Assigned Revenues & Compensation I-2 22,29,10, Rental Income from Municipal Properties I-3 18,91, Fees & UserCharges I-4 46,17, Sale & HireCharges I-5 5,18, Revenue Grants, Contributions & Compensation I-6 8,12,84, Income from Investments I-7 48,53, Interest Earned I-8 1,08, Other Income I-9 33,72,951 - A Total INCOME 59,28,22,804 - EXPENDITURE Establishment Expenditures I-10 33,07,64, Administrative Expenditures I-11 1,55,25, Operations & Maintenance I-12 3,73,65, Interest & Finance Expenditures I-13 5,33,27, Programme Expenses I-14 57,91, Revenue Grants & Contributions I Provisions & Writeoff I-16 8,07,07, Miscellaneous Expenditures I Depreciation 3,06,94,546 B Total EXPENDITURE 55,41,77,034 - Gross surplus/(deficit) of Income over A-B Expenditure before Prior PeriodItems 3,86,45, Add: Prior period Items (Net) I-18-1,045,769 - Gross surplus/(deficit) of Income over Expenditure before Prior PeriodItems 3,76,00, Less:Transfer to Reserve Funds Net Balance being surplus/deficit carried overtomunicipalfund 3,76,00,001 -

21 TB Gr TB TB TB TB PATNA MUNICIPAL CORPORATION SCHEDULES FORMING PART OF THE INCOME & EXPENDITURE ACCOUNT FOR THE YEAR ENDED MARCH 31, 2008 Schedule I-1: Tax Revenue [ 110] Current Year Previous Year Holding Tax Water Tax Latrine Tax 27,05,24, , Lighting Tax Vehicle Tax Tax on Animals Profession Tax 44,007 2,69,350 1,51, Advertisement Tax Entertainment Tax Tower Tax Octroi & Toll Cess Other Taxes 21,92,477 Sub-total 27,32,66, Less Tax Remissions and Refund [Schedule1 1(a)] 0 - Sub-total 0 - Total Tax Revenue 27,32,66,471 - Schedule I-1(a): Remission and Refund of Taxes No Current Year Previous Year Holding Taxes Water Tax Latrine tax Education Cess Health Cess Advertisement Tax Others Total Refund and Remission of Tax Revenues 0 -

22 PATNA MUNICIPAL CORPORATION Schedule I-2: Assigned Revenues & Compensation [ 120] No Current Year Previous Year Taxes and Duties collected by others 22,29,10, Compensation in lieu of Taxes/duties Compensations in lieu of Concessions Total Assigned Revenues & Compensation 22,29,10,234 - Schedule I-3: Minor No Rental Income from Municipal Properties [ 130] Current Year Previous Year Rent from Civic Amenities 18,22, Rent from Buildings 69, Rent from Guest Houses Rent from lease of lands Lease rentals Others Other rents Sub-Total 18,91,847 - Less:Rent Remission and Refunds Sub-total 0 - Total Rental Income from Municipal Properties 18,91,847 -

23 TB Gr TB TB Gr Gr Gr Gr TB PATNA MUNICIPAL CORPORATION Schedule I-4: Schedule I-4(a): Fees & User Charges [ 140] Fees & User Charges Functionwise No Current Year Previous Year Schedule I-4(b): Municipal Body Administration Finance, Accounts, Audit Election RecordRoom Estate Stores&Purchase Workshop Total Income from Fees & User Charges Functionwise 0 - Fees & User Charges Income Head-wise No Current Year Previous Year Empanelment & Registration Charges/Fees Licensing Fees Fees for Grant of Permit Fees for Certificate or Extract 7,55,486 4,411 90,254 4,42, Development Charges Regularisation Fees Penalties and Fines Other Fees User Charges Entry Fees 63,187 17,891 5,25,974 25,23,993 30, Service / Administrative Charges 1,62, Other Charges Sub-Total 46,17, Less: Fees & User Charges Remission and Refunds Sub-total 0 - TotalincomefromFees& UserCharges Incomeheadwise 46,17,052 - Error OK

24 PATNA MUNICIPAL CORPORATION Schedule I- 5: Sale & Hire Charges Schedule I-5 (a): Sale & Hire Charges Functionwise [No150] No Current Year Previous Year Municipal Body Administration Finance, Accounts, Audit Election RecordRoom Estate Stores & Purchase Workshop Total Income from Sale & Hire charges Functionwise 0 - Schedule I-5 (b): Sale & Hire Charges Income head-wise[150] No Current Year Previous Year Sale of Products Sale of Forms & Publications 1,17, Sale of Stores & Scrap 4,01, Sale of Others Hire Charges for Vehicles Hire Charges for Equipment Total Income from Sale & Hire Charges Incomehead-wise 5,18,195 -

25 TB TB TB PATNA MUNICIPAL CORPORATION Schedule I-6: Revenue Grants, Contributions & Subsidies [No160] No Current Year Previous Year Revenue Grant Re-imbursement of expenses 8,12,84, Contribution towards Scheme Total Revenue Grants, Contributions & Subsidies 8,12,84,280 - Schedule I-7: Income from Investments General Fund [No170] No Current Year Previous Year Interest Dividend Income from projects taken upon commercial basis Profit in Sale of Investments Others 48,53,160 Total Income from Investments 48,53,160 - Schedule I-8: Interest Earned [No171] Minor No Current Year Previous Year Interest from Bank Accounts 1,08, Interest on Loans and advances to Employees Interest on loans to others Interest on Debtors & Other Receivables Other Interest Total. Interest Earned 1,08,614 -

26 Est Est Est Est Est PATNA MUNICIPAL CORPORATION Schedule I-9:Other Income[ No180] No Current Year Previous Year Deposits Forfeited Lapsed Deposits Insurance Claim Recovery Profit on Disposalof Fixed Assets Recovery from Employees 1,65, UnclaimedRefundPayable/Liabilities written back Excess Provisions written back Miscellaneous Income 32,07,004 Total Other Income 33,72,951 0 Schedule I-10: Establishment Expenditures [ No210] Schedule I-10(a): Establishment Expenditures Functionwise No Current Year Previous Year Municipal Body Administration Finance,Accounts,Audit Election Record Room Estate Stores & Purchase Workshop Census.... Total establishment expenditures Function Wise 0 0 Schedule I-10 (b): EstablishmentExpenditures Expenditure head-wise No Current Year Previous Year Salaries,Wages and Bonus 25,00,45, Benefits and Allowances Pension Contribution Other Terminal & Retirement Benefits 16,52,530 99,00,769 2,69,98, Other 1,72,829 Total establishment expenditures expenditure head wise 33,07,64,800 0 OK

27 Gr Gr Gr Gr Gr Gr Gr Gr Gr Gr Gr PATNA MUNICIPAL CORPORATION Schedule I-11: Administrative Expenditures[No220] Schedule I-11(a): Administrative Expenditures Functionwise No Current Year Previous Year MunicipalBody Administration Finance,Accounts,Audit Election RecordRoom Estate Stores&Purchase Workshop Census Total Administrative Expenditures Function Wise 0 - Schedule I-11(b):Administrative Expenditures Expenditure head-wise No Current Year Previous Year Rent, Rates and Taxes Office maintenance Communication Expenditures Books & Periodicals Printing and Stationery Travelling & Conveyance 70,650 15,41,322 2,59,360 23,934 6,95,537 77,83, Insurance 4,86, Audit Fees Legal Expenses Professional and other Fee Advertisement & Publicity 9,82,115 3,66,659 9,07, Membership & subscriptions Others 24,09,268 Total administrative expenditures expenditure head wise 1,55,25,818 -

28 Gr Gr Gr Gr Gr Gr Gr Gr Gr PATNA MUNICIPAL CORPORATION Schedule I-12: Operations and Maintenance [ No 230] Schedule I-12(a): Operations & Maintenance Expenditures Function wise No Current Year Previous Year MunicipalBody Administration Finance,Accounts,Audit Election RecordRoom Estate Stores & Purchase Workshop Census Total Operations & Maintenance expenditures Function wise - - Schedule I-12 (b): Operations & Maintenance Expenditure head-wise No Current Year Previous Year Power & Fuel 19,95, Bulk Purchases Consumption of Stores 20,79, HireCharges 10,98, Repairs & maintenance Infrastructure Assets 1,84,01, Repairs & maintenance Civic Amenities 2,53, Repairs & maintenance Buildings 1,32, Repairs & maintenance Vehicles 99,21, Repairs & maintenance Others 17,26, Other operating &maintenance expenses 17,55,971 Total operations & maintenance expenditure head 3,73,65,285 -

29 Gr TB TB TB PATNA MUNICIPAL CORPORATION Schedule I-13: Interest & Finance Charges [No240] No Current Year Previous Year Interest on Loans from Central Government Interest on Loans from State Government 5,33,05,340 Interest on Loans from Government Bodies & associations Interest on Loans from International Agencies 0 Interest on Loans from Banks & Other Financial Institutions Other Interest Bank Charges 22, Other Finance Expenses 0 Total Interest & Finance Charges 5,33,27,764 - Schedule I-14: Programme Expenditures [ No 250] No Current Year Previous Year Election Expenditures Own Programmes 13,93, Share in Programmes of others Programme Expenditure from Grants 43,97, Expenditure on Transferred Functions Expenditure on Transferred Institutions 0 Total Programe Expenditures 57,91,272 - Schedule I-15:Revenue Grants, Contributions & Subsidies[No260] No Current Year Previous Year Grants Contributions Subsidies - Total Revenue Grants, Contributions & Subsidies - -

30 Gr PATNA MUNICIPAL CORPORATION Schedule I-16: Provisions & Write-off [No270] No Current Year Previous Year Provisions for Doubtful receivables 8,01,75, Provision for other Assets Revenues written off Assets written off 5,32, Miscellaneous Expenditure written off 0 Total Provisions & Write off 8,07,07,549 - Schedule I-17: Miscellaneous Expenditures [No271] No Current Year Previous Year Loss on disposal of Assets Loss on disposal of Investments Decline in the value of Fixed Assets on Revaluation Accidental Loss Diminution in Value of Investments Total Miscellaneous expenditures - - Schedule I-18: Prior Period Items (Net) [No280] No Current Year Previous Year Income Taxes Other Revenues Recovery of revenues written off Other in come Sub Total Income(a) - - Expenditures Refund of Taxes Refund of Other Revenues 83, Other Expenses 9,61,970 Sub Total Income(b) 10,45,769 - TotalPriorPeriod(Net) (a-b) -1,045,769 -

31 Patna Regional Development Authority ANNUAL FINANCIAL STATEMENT (REVISED)

32 PATNA REGIONAL DEVELOPMENT AUTHORITY SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 CODE NO. PARTICULARS LIABILITIES AMOUNT AMOUNT RESERVES & SURPLUS Municipal (General) Fund B-1 410,347, ,989, Earmarked Funds B Reserves B-3 - Total Reserves & Surplus 410,347, ,989, GRANTS/CONTRIBUTIONS FOR SPECIFIC PURPOSE B-4 325,522, ,240,954 LOANS Secured Loans B Unsecured Loans B-6 10,920,000 10,920,000 Total Loans 10,920,000 10,920,000 CURRENT LIABILITIES & PROVISIONS SCHEDULE NO. CURRENT YEAR PREVIOUS YEAR Deposits Received B-7 18,448,809 17,881, Deposit works B Other Liabilities (Sundry Creditors) B-9 15,705,377 14,990, Provisions B-10 - Total Current Liabilities & Provisions 34,154,185 32,872,527 TOTAL LIABILITIES 780,943, ,023,053 ASSETS FIXED ASSETS B Gross Block 80,821,540 80,772, Less : Accumulated Depreciation 2,948,853 - Net Block 77,872,687 80,772, Capital Work-in-progress 259,253, ,106,906 Total Fixed Assets 337,126, ,879,162 INVESTMENTS Investment General Fund B-12 3,256,671 3,256, Investment Other Funds B Total Investments 3,256,671 3,256,671 CURRENT ASSETS, LOANS AND ADVANCES Stock in Hand (Inventories) B-14 Sundry Debtors (Receivables) Gross amount outstanding B Less : Accumulated provision against - Bad and Doubtful Receivables Net amount outstanding Prepaid Expenses B Cash and Bank Balances B ,798, ,538, Loans, Advances and Deposits B-18 38,761,953 32,348,641 Less : Accumulated Provision against Loans and Advances 38,761,953 32,348,641 Net amount outstanding Total Current Assets, Loans and Advances 440,560, ,887, Other Assets B Miscellancous Expenditure B-20 (to the extent not written off or adjusted) - TOTAL ASSETS 780,943, ,023,053

33 PATNA REGIONAL DEVELOPMENT AUTHORITY SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-1 Municipal (General) Fund [ 310] Opening Balance as per last account Additions during the year* Balance at the end of the year Municipal Fund 387,989, ,970, ,960, ,960, Excess of Income over Expenditure 387, , , Total Municipal Fund 387,989, ,357, ,347, ,347, * Additions include contributions towards the Fund, Adjustments to Opening Balance Sheet and also Excess of Income over Expenditure ** Deductions include Contributions from the Fund, Adjustments to Opening Balance Sheet and also Excess of Expenditure over Income Total Deductions during the year**

34 PATNA REGIONAL DEVELOPMENT AUTHORITY SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-2 Earmarked Funds (Special Funds/Sinking Fund/Trust or Agency Fund) [ 311] Special Fund 1 Special Fund 2 Special Fund 3 Special Fund 4 Special Fund 5 Pension Fund for Contingent Staff a. Opening Balance a b. Additions to Special Fund i. Transfer from Municipal Fund ii. Interest/Dividend earned on Special Fund Investments iii. Profit on disposal of Special Fund Investments iv. Appreciation in value of Special Fund Investments Investments v. Other Additions Sub-total b Total a + b c. Payments out of Funds i. Capital Expenditure on: Fixed Assets Others Sub-total i ii. Revenue Expenditure on; Salary, Wages and allowances etc. Rent Other administrative charges Sub-total ii iii. Others: Loss on disposal of Special Fund Investments Diminution in Value of Special Fund Investments Transferred to Municipal Fund Sub-total iii Total ( i + ii + iii ) c Net Balance at the year-end a + b - c Grand Total of Special Funds -

35 PATNA REGIONAL DEVELOPMENT AUTHORITY SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-3 Reserves [ No 312] Opening Balance Additions during the year Total Deductions during the year Balance at the end of the Current Year Capital Contribution Capital Reserve Borrowing Redemption Reserve Special Funds (Utilized) Statutory Reserve General Reserve Revaluation Reserve Total Municipal Fund

36 PATNA REGIONAL DEVELOPMENT AUTHORITY SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-4 Grants & Contribution for Specific Purposes [ No 320] Grants from Central Government Grants from State Government Grants from Other Government Agencies Grants from Financial Institutions Grants from Welfare Bodies Grants from International Organisations Others a. Opening Balance a 360,240, b. Additions to the Grants * i. Grant received during the year ii. Interest/Dividend earned on Grant Investments iii. Profit on disposal of Grant Investments iv. Appreciation in Value of Grant Investments v. Other Additions Sub-total b Total a + b - 360,240, c. Payments out of Funds i. Capital Expenditure on: Fixed Assets * Others Sub-total i ii. Revenue Expenditure on; Salary, Wages and allowances etc. 34,718, Rent Other administrative charges Sub-total ii - 34,718, iii. Others: Loss on disposal of Special Fund Investments Diminution in Value of Special Fund Investments Grants Refunded Sub-total iii Total ( i + ii + iii ) c - 34,718, Net Balance at the year-end a + b - c - 325,522, Total Grants & Contributions for Specific Purposes 325,522, * For transferring completed capital assets, expenditure incurred will be capitalized and assets will be taken to Fixed Assets schedule (B 11) and Capital contribution will be increased by the same amount.

37 PATNA REGIONAL DEVELOPMENT AUTHORITY SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-5 Secured Loans [ No 330] Current Year Previous Year Loans from Central Government Loans from State Government Loans from Govt. bodies & Associations Loans from international agencies Loans from banks & other financial institutions Other Term Loans Bonds & debentures Other Loans Total Secured Loans - - Schedule B-6 Unsecured Loans [ No 331] Current Year Previous Year Loans from Central Government Loans from State Government Loans from Govt. bodies & Associations Loans from international agencies Loans from banks & other financial institutions 10,920, ,920, Other Term Loans Bonds & debentures Other Loans Total Unsecured Loans 10,920, ,920, Schedule B-7 Deposits Received [ No 340] Current Year Previous Year Deposits Received - From Suppliers/Contractors 18,448, ,881, Deposit Revenues Deposits Received From staff Deposits Received From Others Total deposits received 18,448, ,881,906.17

38 PATNA REGIONAL DEVELOPMENT AUTHORITY SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-8 Deposits Works [ No 341] Opening balance as the beginning of the year Additions during the current year Utilization/ expenditure Balance outstanding at the end of the current year Civil Electrical Others - Total of deposit works Schedule B-9 Other Liabilities (Sundry Creditors) [ No 350] Current Year Previous Year Creditors Employee Liabilities 3,656, ,361, Interest Accrued and Due Recoveries Payable Government Dues Payable 4,095, ,596, Refunds Payable Advance Collection of Revenues Others 7,952, ,032, Total Other liabilities (Sundry Creditors) 15,705, ,990, Schedule B-10 Provisions [ 360] Current Year Previous Year Provision for Expenditures Provision for Interest Provision for Other Assets Total Provisions - -

39 PATNA REGIONAL DEVELOPMENT AUTHORITY SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-11 Fixed Assets [ 410 & 411] Opening Balance Additions during the period Gross Block Accumulated Depreciation Net Block Deductions during the period Cost at the end of Opening the year Land 52,262, ,262, ,262, ,262, Buildings 27,704, ,704, ,798, ,798, ,906, ,704, Infrastructure Assets Roads and Bridges 277, , , , , , Sewerage and drainage Water ways 86, , , , , , Public Lighting Other assets Plants & Machinery Vehicles 387, , , , , , Office & other equipment Furniture, fixtures, fittings - - and electrical appliances 52, , , , , , , Other fixed assets Total 80,772, , ,821, ,948, ,948, ,872, ,772, Balance Additions during the period Additions include fixed assets created out of Earmarked Funds and Grants transferred to Municipality's fixed block as referred to in Schedule B-2 and B-4 Deductions during the period Total at the end of the year At the end of current year At the end of previous year

40 PATNA REGIONAL DEVELOPMENT AUTHORITY SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-12 Investments - General Fund [ 420] With whom invested Face value Current year Carrying Cost Previous year Carrying Cost Central Government Securities State Government Securities Debentures and Bonds Preference Shares Equity Shares Units of Mutual Funds Other Investments 3,256, ,256, Total of Investments General Fund - - 3,256, ,256, Schedule B-13 Investments - Other Funds [ 421] With whom invested Face value Current year Carrying Cost Previous year Carrying Cost Central Government Securities State Government Securities Debentures and Bonds Preference Shares Equity Shares Units of Mutual Funds Other Investments Total of Investments Other Funds Schedule B-14 Stock in Hand (Inventories) [ 430] Current Year Previous Year Stores Loose Tools Others Total Stock in hand - -

41 PATNA REGIONAL DEVELOPMENT AUTHORITY SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-15 Sundry Debtors (Receivables) [ No 431] Gross Amount Provision for Outstanding Revenues ( 432) Net Amount Previous year Net amount Receivables for Property Taxes Less than 5 years * - More than 5 years * - Sub-total Less: State Government Cesses/Levies in Taxes - Control Accounts Net Rec'bles of Property Taxes Receivable of Other Taxes Less than 3 years * - More than 3 years * - Sub-total Less: State Government Cesses/Levies in Taxes - Control Accounts Net Receivables of Other Taxes Receivables of Cess Less than 3 years * - More than 3 years * - Sub-total Receivables for Fees and User Charges Less than 3 years * - More than 3 years * - Sub-total Sub-total Receivables from Other Sources Less than 3 years * - More than 3 years * - Sub-total Receivables from Government Total Sundry Debtors(Receivables * Break up for provision for outstanding revenues are given in Column 4 Schedule B-16 Prepaid Expenses [ No 440] Current Year Previous Year Establishment Administrative Operations & Maintenance Total Prepaid expenses - -

42 PATNA REGIONAL DEVELOPMENT AUTHORITY SCHEDULES FORMING PART OF THE BALANCE SHEET AS AT MARCH 31, 2008 Schedule B-17 Cash and Bank Balances [ No 450] Current Year Previous Year Cash 72, , Balance with Bank Municipal Funds Nationalized Banks 124,798, ,582, Other Scheduled Banks Scheduled Co-operative Banks Post Office Treasury 276,928, ,928, Sub-total 401,798, ,538, Balance with Bank Special Funds Nationalized Banks Other Scheduled Banks Scheduled Co-operative Banks Post Office Treasury Sub-total - - Balance with Bank Grant Funds Nationalized Banks Other Scheduled Banks Scheduled Co-operative Banks Post Office Treasury Sub-total - - Total Cash and Bank balances 401,798, ,538, Schedule B-18 Loans, advances and deposits [ 460] Opening Balance at the beginning of the year Paid during the current year Recovered during the year Balance outstanding at the end of the year Loans and Advances to Employees 1,426, ,201, Employee Provident Fund Loans Loans to Others Advance to Suppliers and Contractors 5,299, ,521, Advance to Others 25,623, ,038, Deposit with External Agencies Other Current Assets Sub-total 32,348, ,761, Less: Accumulated Provisions against Loans, Advances and Deposits (Schedule B 18 (a)] Total Loans, Advances & Deposits 32,348, ,761,953.09