50
th
ANNUAL REPORT 2015-2016 THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
130
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 GE JE ELLERY EXPORT PROMOTION COUNCIL & ITS SUBSIDIARIES
( COMPANIES LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL )
C NSOLIDATED STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST MARCH, 2016
Previous
Year
Note Rupees
Rupees
Rupees
21 DEPRECIATION & AMORTIZATION EXPENSES :
Depreciation
2,58,20,005
4,66,02,754
Less:(I)Transferred from grant in aid from Govt of India for office
Premises for RO Kolkata
52,644
54,167
(II)Transferred from Grant in aid under Assistance to State for Development
of Export Infrastructure scheme for setting up Indian Institute of
Gem & Jewellery at Mumbai
2,18,536
2,24,139
(III)Transferred from Grant from National Skill Development Corporation
(NSDC) for IIGJ, Jaipur
17,92,586
37,24,640
(IV) Transferred from Capital Reserves
8,31,721
24,18,654
(V)Transferred from Grant in aid under Assistance to State for Development
of Export for Gem Testing Laboratory Jaipur
33,46,688
62,42,174
51,78,799
1,95,77,831
3,50,02,355
Amortisation of Land
2,46,800
2,46,800
Less: Transferred from Grant in aid under Assistance to State for
Development of Export Infrastructure scheme for setting up
Indian Institute of Gem & Jewellery at Mumbai
1,30,821
1,30,821
1,15,979
1,15,979
1,96,93,810
3,51,18,334
22 OTHER EXPENDITURE :
Administrative Expenditure
" 22.1 "
3,91,19,288
3,28,49,695
Training, Research & Development Expenditure
" 22.2 "
1,23,78,899
1,14,96,224
Expenditure on Exhibitions and Advertisement & Publicity
" 22.3 "
1,04,24,91,461
1,04,14,92,092
Other Expenditure
" 22.4 "
3,14,40,726
2,59,45,888
Kimberley Process Certification Scheme Expenses
" 22.5 "
82,37,007
1,13,91,890
Expenditure on International Diamond Conference
-
2,87,17,775
Expenditure on Buyer-Seller Meet
-
73,92,537
Study on Presumptive Taxation
-
14,46,465
Trend Forecasting Seminar
28,72,995
25,46,148
Study on Synthetic Diamonds
-
20,09,523
Charity & Donation
-
71,609
Corporate Social Responsibility Expenses
1,07,14,781
-
Contribution for Promotion of the Objects of the Council
Gemmological Institute of India
1,86,62,120
2,40,00,000
Indian Institute of Gem & Jewellery, Kolkata
-
11,000
Indian Institute of Gem & Jewellery, Mumbai
18,43,286
-
Indian Institute of Gem & Jewellery, New Delhi
34,430
-
Indian Diamond Institute
46,92,688
-
Assets Discarded
54,745
26,444
Provision for Doubtful Debts
-
38,796
1,17,25,42,427
1,18,94,36,087
22.1 ADMINISTRATIVE EXPENDITURE :
Rent, Rates and Taxes
71,87,169
32,46,806
Electricity Charges
37,28,062
32,78,519
Telephone, Telex & Fax Expenses
19,58,026
16,63,649
Postage & Telegram Expenses
3,56,483
5,19,273
Repairs & Maintenance
17,48,747
21,23,952
Printing & Stationery Expenses
6,21,186
6,00,981
Motor Car Expenses
8,49,958
10,59,583
Insurance
1,35,061
3,25,026
Travelling & Conveyance Expenses
13,15,170
17,33,372
Legal & Professional Charges
44,90,976
35,91,518
Miscellaneous Expenses
1,67,28,453
1,47,07,015
3,91,19,292
3,28,49,695
