50
th
ANNUAL REPORT 2015-2016 THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
129
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 LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL )
CONSOLIDATED STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST MARCH, 2016
Previous
Year
Note Rupees
Rupees
Rupees
B.
OUTSIDE INDIA :
(including reimbursement of expenses by participants)
Watch & Jewellery Show, Basel 2014
-
4,61,14,160
Watch & Jewellery Show, Basel 2015
-
2,28,06,570
Bangkok Gems & Jewellery Show September
29,02,868
37,92,984
Bangkok Gems & Jewellery Show February
-
31,09,893
JA Show, USA
-
19,24,274
Vicenza First Show, Italy
1,24,38,164
1,13,23,831
Vicenza Charm Show
1,34,94,774
1,02,38,814
JCK, Las Vegas
7,54,83,900
6,90,21,251
Hong Kong Jewellery Show - March Pearl
5,49,93,315
5,57,40,352
Hong Kong Jewellery Show - March CEC
4,22,39,991
4,68,82,918
Jewellery Arabia
3,56,94,603
3,67,02,256
Vicenza Oro Choice Show
-
1,11,35,698
Singapore Jewellery International Expo 2014
-
25,84,152
Indian Diamond Week at DDC (New York U.S.A.) August
23,76,000
24,38,000
Indian Diamond Week at DDC (New York U.S.A.) January
20,82,285
24,48,000
6,04,35,000
-
1,70,82,000
-
31,92,22,900
32,62,63,153
Forfeiture Income Other Exhibition
13,90,012
15,57,500
Sundry Balances Written Back
2,564
260
Miscellaneous Income
5,779
15,850
Excess Provisions Written Back
35,23,450
9,62,709
Foreign Exchange Gain
44,796
1,01,505
Profit on Sale of Assets
-
96,567
Provision for Doubtful Debts Written Back
-
40,376
32,41,89,501
32,90,37,920
1,15,91,14,604
1,04,02,56,134
17.4 KIMBERLEY PROCESS CERTIFICATION SCHEME FEES :
For Exports
18,02,620
19,68,860
For Imports
2,08,89,826
2,10,79,444
2,26,92,446
2,30,48,304
18 OTHER INCOME :
Interest :
On Staff Loans
1,34,455
1,68,213
On Fixed deposits with banks
13,67,70,162
11,11,93,749
On Savings Accounts with Banks
7,00,340
6,09,930
13,76,04,957
11,19,71,892
Rent
2,68,803
7,66,403
Profit on Sale of Assets
2,09,643
38,038
Miscellaneous Income
17,64,722
42,35,236
Infrastructure support and marketing from GIA India
21,64,200
19,37,910
Foreign Exchange Fluctuation
-
22,261
Sundry Credit Balances written back
41,664
95
Excess Provisions written back
1,08,238
7,71,012
Jewellers for Hope Charity Dinner
-
60,00,000
Interest Received
36,20,802
41,35,158
14,57,83,028
12,98,78,005
19 EMPLOYEE BENEFITS EXPENSES :
Salaries and Allowances
5,02,75,679
4,28,64,573
Contribution to Provident and Other funds
24,66,948
18,78,581
Staff Welfare Expenses
5,85,207
7,09,032
5,33,27,834
4,54,52,186
20 FINANCE COSTS :
Interest on Retention Money (Employees)
1,85,732
1,95,047
Interest on delayed payment of Service Tax
176
23,737
Interest on Loan (NSDC, etc.)
6,37,000
7,54,000
Interest on Unutilised Grant in Aid under ASIDE Scheme for IIGJ Kolkatta
-
5,37,843
Bank Charges
16,348
67,828
Interest (Others)
33,306
23,966
8,72,562
16,02,421
Vicenza Oro Dubai Show
Indo US Business Development Conference (BDC) 2015
