50
th
ANNUAL REPORT 2015-2016 THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
127
THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL & ITS SUBSIDIARIES
(A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2016
THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL & ITS SUBSIDIARIES
( COMPANIES LIMIT D BY GUARANTEE AND NOT HAVING SHARE CAPITAL )
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2016
As at
As at
31.03.2016 31.03.2015
Rupees
Rupees
Rupees
14 CASH & CASH EQUIVALENTS :
14.1 Cash and Cash Equivalents
- Cash on hand
2,20,497
2,31,465
- Foreign Currency in hand
-
12,731
(As verified and certified by the Executive Director)
Postage stamps on hand
(being balance of Franking Machine Account)
179
170
2,20,676
2,44,366
Balances with Scheduled Banks :
In Current Accounts
4,41,80,670
1,94,76,687
In FCNR Accounts
2,73,968
97,13,068
4,44,54,639
2,91,89,754
Fixed Deposits with Maturity for less than 12 months
3,58,30,417
2,32,34,288
8,05,05,732
5,26,68,409
14.2 Other Bank Balances
Term Deposits maturing within 12 months *
1,26,19,78,815
95,13,75,646
(Including interest accrued Rs. 7,14,51,867; 2014-15 : Rs. 5,06,64,402)
1,34,24,84,546
1,00,40,44,055
15 SHORT TERM LOANS & ADVANCES :
Loans and Advances to staff
(Considered Good)
Secured
6,10,722
2,06,360
Unsecured
5,87,552
4,97,798
Prepaid Expenses
93,41,470
8,26,81,667
1,05,39,743
8,33,85,825
16 OTHER CURRENT ASSETS :
Grant In Aid receivable under MAI Scheme
2,10,00,000
3,42,23,213
Deposits
1,41,65,752
1,53,17,153
Other Current Assets
9,47,799
11,42,172
Income Tax Refundable / Deducted
12,74,234
Grant amount receivable from RIICO
4,49,01,103
-
Amount recoverable under PMKVY Scheme
1,21,73,942
-
Amount recoverable - Others
3,32,006
-
Interest Accrued but not due
44,723
-
Advance to Sundry Creditors
1,11,42,477
77,79,930
10,59,82,036
5,84,62,468
