50
th
ANNUAL REPORT 2015-2016 THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
93
THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
(A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL)
STANDALONE STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST MARCH, 2016
Previous
Year
Note No.
Rupees
Rupees
I Revenue from activities carried on in pursuance of the Objects
" 16 "
1,39,56,56,285
1,35,78,20,762
II Other Income
" 17 "
13,75,92,727
12,12,31,449
III
Total Revenue (I + II)
1,53,32,49,012
1,47,90,52,211
IV Expenses :
i) Employee benefits expense
" 18 "
3,14,15,511
2,73,70,113
ii) Finance costs
" 19 "
1,93,629
15,11,664
iii) Depreciation and amortization expense
" 20 "
1,18,20,686
2,14,95,613
iv) Other expenses
" 21 "
1,13,12,48,101
1,16,47,15,424
Total expenses
1,17,46,77,927
1,21,50,92,815
V Surplus before exceptional and extraordinary items and tax (III - IV)
35,85,71,085
26,39,59,397
VI Exceptional Items
-
-
VII Surplus before extraordinary items and tax (V - VI)
35,85,71,085
26,39,59,397
VIII Extraordinary Items
-
-
IX Surplus before tax (VII - VIII)
35,85,71,085
26,39,59,397
X Tax expense : ( Refer Note No. "24" )
-
-
XI Surplus for year (IX - X)
35,85,71,085
26,39,59,397
Statement of Significant Accounting Policies
" 2 "
The accompanying notes are an integral part of the financial statements
As per our attached Report of even date.
For and on behalf of
For and on behalf of the Council
AMJ & CO
FRN 128550W
Chartered Accountants
Praveen Shankar Pandya
Anil Virani
Chairman
Convener A & F Sub Committee
(A.K.JHUNJHUNWALA)
Partner
Sabyasachi Ray
Sandeep Sharma
Membership No. 011778
Executive Director
Chief Financial Officer
MUMBAI,
MUMBAI,
DATED : 8th November, 2016
DATED : 8th November, 2016
THE GEM & JEWELLERY EXPORT PROMOTION COUNCIL
( A COMPANY LIMITED BY GUARANTEE AND NOT HAVING SHARE CAPITAL )
STANDALONE STATEMENT OF INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST MARCH, 2016
As per our attached Report of even date.
For and on behalf of the Council
For and on behalf of
Sd/-
Sd/-
AMJ & CO
Praveenshankar Pandya
Anil Virani
FRN 128550W
Chairman
Convener A & F Sub Committee
Chartered Accountants
Sd/-
Sd/-
Sd/-
Sabyasachi Ray
Sandeep Sharma
(A.K.JHUNJHUNWALA)
Executive Director
Chief Financial Officer
Partner
Membership No. 011778
MUMBAI,
MUMBAI,
DATED : 8th November, 2016
DATED : 8th November, 2016
