50
th
ANNUAL REPORT 2015-2016 THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
132
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
E
EXPORT PROMOTION COUNCIL & ITS SUBSIDIARIES
( COMPANIES LI ITED BY GUARANT E 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 :
Watch & Jewellery Show , Basel 2014
-
4,93,10,943
Watch & Jewellery Show , Basel 2015
1,74,554
2,55,01,416
Bangkok Gem & Jewellery Show September
26,66,551
35,71,270
Bangkok Gem & Jewellery Show February
-
29,33,475
JA Show, USA
-
19,30,016
Vicenza Charm, Italy
-
99,76,062
Vicenza Choice, Italy
1,26,90,828
1,07,72,941
JCK Las Vegas
8,71,58,895
8,19,60,416
Hongkong Watch & Jewellery Show March Pearl
5,77,03,811
5,87,57,119
Hongkong Watch & Jewellery Show March CEC
4,43,19,235
4,94,34,548
Jewellery Arabia, Baharain
3,47,07,004
3,67,74,286
Vicenza
1,17,14,451
1,09,74,466
Singapore International Jewellery Expo 2014
-
26,03,023
India Diamond Week at DDC (New York U.S.A.) August
21,52,174
22,08,806
2nd Indo-US Diamond Week
1,55,28,638
16,000
India Diamond Week at DDC (New York U.S.A.) January
19,03,599
21,98,136
The India Show at Lahore
4,87,063
-
Vicenza Oro, Dubai
5,57,52,181
-
The Smart Jewellery Show, Chicago
8,99,881
-
Retainership Fees
9,50,001
18,72,668
Employee Benefit Expenses
1,54,50,776
70,85,136
Rent
79,860
2,37,160
Electricity Expenses
4,19,168
3,18,652
Foreign Exchange Fluctuation
8,30,680
7,02,596
Depreciation
38,86,608
40,49,030
Legal & Professional Charges
7,32,973
4,68,853
Provision for Doubtful Debts
2,97,741
16,152
Bad Debts Written off
-
4,547
Other Administrative Expenses
91,79,690
72,52,661
(B):
35,96,86,361
37,09,30,377
C.
ADVERTISEMENT & PUBLICITY :
A. IN INDIA :
Promotion of GJEPC.ORG Portal
56,94,870
51,63,125
Brand Ambassador Fees
40,00,000
40,00,000
Public relation / Press Conference Expenses
17,34,559
18,92,532
Other Publicity Expenses
6,98,918
9,81,976
Expenditure on Publications
10,00,000
10,09,410
Networking Evening Expenses
43,15,906
-
Trend Forecasting Research
22,36,765
-
CNBC TV 18 Panel Discussion
15,00,000
-
The Artisan Jewellery Design Awards 2014
-
2,60,76,615
-
70,59,987
-
1,90,16,628
Expenditure for Award Function
1,65,81,805
1,45,85,758
Less : Advertisement & Sponsorship Fees
1,15,05,000
73,20,000
50,76,805
72,65,758
2,62,57,822
3,93,29,429
B. OUTSIDE INDIA :
Advertisement & Publicity Abroad
94,14,895
66,35,795
Corporate Promotion Kit
4,41,319
23,73,736
Council's Promotional CD/Video CD/Others
-
10,000
Photography for Print Ads
17,77,907
38,523
Trade Conferences & Meetings
52,32,646
30,60,116
1,68,66,767
1,21,18,170
(C):
4,31,24,589
5,14,47,599
(A)+(B)+(C):
1,04,24,91,461
1,04,14,92,092
Less: Income from The Artisan Jewellery Design Awards 2014
