50
th
ANNUAL REPORT 2015-2016 THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
111
Particulars
2015-16
Rupees
2014-15
Rupees
Commission JCK Las
Vegas
3,813,486
3,506,746
Commission Jewellery
Arabia
4,310,083
4,257,981
World Diamond Conference
-
6,216,563
TOTAL
93,781,917
112,476,295
30.
Expenditure in Foreign Currency:
Particulars
2015-16
Rupees
2014-15
Rupees
Exhibition Abroad
309,445,394
295,750,640
KP Meeting
974,721
799,556
Domestic Show
6,841,116
14,168,866
Advertisement & Publicity
Abroad
6,659,515
-
Laboratory / Machinery &
Equipment
-
2,587,145
Membership fees
3,308,416
255,321
Subscription to Journals
-
328,229
Trade Conference & Meeting
Abroad
3,493,618
2,308,809
Buyer Seller Meet
15,626,847
2,917,356
Design Inspiration 2016
1,090,035
1,080,548
World Diamond Conference
-
4,134,176
TOTAL
347,439,661
324,330,646
31.
The particulars of Operating Leases in terms of
Accounting Standard AS-19
relating to ”Leases”
issued by the Institute of Chartered Accountants of
India are as under:
31.1
Operating lease of Office Premises and
Storage Houses as a Lessee:
Particulars
2015-16
Rupees
2015-16
Rupees
Rent for Office Premises and
Storage Houses
- Paid during the financial year
9,855,433 10,539,346
- Not later than one year
9,976,656 12,784,390
- Later than one year but not
later than five years
26,326,574 48,282,212
- Later than five years
27,440,917
The Company has paid Security Deposits,
aggregating to Rs. 55,10,200 (2014-15:Rs.81,82,248)
to the Lessors.
31.2 Operating lease of Office Premises as a
Lessor:
Particulars
2015-16
Rupees
2014-15
Rupees
Rent for Office Premises
- Received during the financial
year
3
3
- Not later than one year
3
3
- Later than one year but not
later than five years
15
15
- Later than five years
-
-
32.
GRANT IN AID UNDER MARKET ACCESS
INITIATIVE FOR 2015-16
MAI PUBLICITY CAMPAIGN & BRAND PROMOTION – 2015-2016
Events
Grant
Approved
Rupees
Actual
Expenditure
Rupees
Grant Eligible
Rupees
India International
Jewellery Show
2015
3,00,00,000 91,261,464
29,969,398
India International
Jewellery Week
2015
50,00,000
34,242,434
5,000,000
Hongkong
International
Jewellery Show
March 2016
20,000,000
10,07,71,333
2,00,00,000
Jewellery Arabia
2015
1,00,00,000 38,291,596
8,769,230
JCK Las Vegas
Show 2015
1,00,00,000 89,434,777
10,000,000
Vicenza Oro Dubai
2015
1,00,00,000 5,35,23,933
52,26,000
IIJS Signature
2016
1,50,00,000 3,90,85,899
15,000,000
TOTAL
93,964,628
GRANT
RECEIVED
72,964,628
GRANT
RECEIVABLE
21,000,000
THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
(A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
NOTES TO THE STANDALONE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2016
