BHIVPURI INVESTMENTS LIMITED
STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME
FOR THE YEAR ENDED 31 MARCH 2015
Year ended Exchange
March, 2015
Rate
USD
Amount
Year ended Exchange
March, 2014
Rate
USD
`
Amount
`
INCOME
Interest income on loan
Interest income on bank account
4,364
30
4,394
61.15
61.15
61.15
266,846
1,834
268,680
61,901
47
61,948
60.50
60.50
60.50
3,745,010
2,844
3,747,854
2,100
17,924
550
400
155,350
176,324
61.15
61.15
61.15
61.15
61.15
61.15
61.15
128,409
1,096,001
33,631
24,459
9,499,202
10,781,702
2,100
18,452
828
200
167,428
189,008
60.50
60.50
60.50
60.50
60.50
60.50
60.50
127,050
1,116,346
50,094
12,100
10,129,394
11,434,984
(171,930)
61.15
(10,513,022)
(127,060)
60.50
(7,687,130)
Taxation
663,079
61.15
40,545,358
(LOSS) / PROFIT FOR THE YEAR
491,149
61.15
30,032,336
-
61.15
-
491,149
61.15
30,032,336
EXPENSES
License fees
Audit fees
Bank charges
TRC renewal fees
Legal and professional fees
VAT irrecoverable
(LOSS) / PROFIT BEFORE TAXATION
Other comprehensive income
TOTAL COMPREHENSIVE (LOSS) /
INCOME FOR THE YEAR
(127,060)
-
(127,060)
60.50
60.50
60.50
60.50
(7,687,130)
-
(7,687,130)
BHIVPURI INVESTMENTS LIMITED
STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2015
As at
Exchange
March, 2015
Rate
USD
Amount
`
As at
Exchange
March, 2014
Rate
USD
Amount
`
ASSETS
Non current assets
Investment in joint venture
300
300
62.50
62.50
18,749
18,749
-
59.89
59.89
-
505,925
68,973
574,898
62.50
62.50
62.50
62.50
31,619,048
4,310,640
35,929,688
600,000
1,003,550
68,092
1,671,642
59.89
59.89
59.89
59.89
35,934,000
60,102,610
4,078,030
100,114,640
Assets classified as held for sale
Investments in joint ventures
432,320,685
62.50
27,018,962,011
432,320,685
59.89
25,891,685,825
Total assets
432,895,883
62.50
27,054,910,448
433,992,327
59.89
25,991,800,465
1,000,000
190,641,027
191,641,027
40.76
42.86
1,000,000
190,149,878
191,149,878
40.76
42.72
62.50
40,760,000
8,170,472,976
3,765,852,109
11,977,085,085
59.89
40,760,000
8,140,440,640
3,266,765,554
11,447,966,194
237,170,452
4,084,404
241,254,856
62.50
62.50
62.50
62.50
14,822,560,324
255,265,039
15,077,825,363
237,170,452
5,169,866
502,131
242,842,449
59.89
59.89
59.89
59.89
14,204,138,370
309,623,275
30,072,626
14,543,834,271
432,895,883
62.50
27,054,910,448
433,992,327
59.89
25,991,800,465
Current assets
Loan to related party
Trade and other receivables
Cash and cash equivalents
EQUITY AND LIABILITIES
Capital and reserves
Stated capital
Retained earning
Foreign Currency Translation Reserves
Total Equity
Current liabilities
Loans from related parties
Other payables
Taxation
Total equity and liabilities
BHIVPURI INVESTMENTS LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 31 MARCH 2015
At 1 April, 2013
Loss for the year and total
comprehensive loss
At 31 st March 2014
Stated
Exchange
capital
Rate
USD
1,000,000
40.76
1,000,000
Amount
`
40,760,000
40.76
40,760,000
Loss for the year and total
comprehensive loss
At 31 st March 2015
1,000,000
40.76
40,760,000
Retained Exchange
Earnings
Rate
USD
190,276,938
42.82
(127,060)
60.50
Amount
`
8,148,127,770
(7,687,130)
Total
USD
191,276,938
(127,060)
Exchange
Rate
42.81
60.50
Amount
`
8,188,887,770
(7,687,130)
190,149,878
42.81
8,140,440,640
191,149,878
42.80
8,181,200,640
491,149
61.15
30,032,336
491,149
61.15
30,032,336
190,641,027
42.86
8,170,472,976
191,641,027
42.85
8,211,232,976
BHIVPURI INVESTMENTS LIMITED
STATEMENT OF CASH FLOWS
FOR THE YEAR ENDED 31 MARCH 2015
Year ended
March, 2015
USD
Exchange
Rate
Amount
`
Year ended
March, 2014
USD
Exchange
Rate
Amount
`
Cash flows from operating activities
(loss) / profit before taxation
Adjustments for:
Bank interest income
Interest income on loan
Movement in working capital:
Decrease in trade and other receivables
Increase / (decrease) in other payables
Cash (used in) / generated from operating activities
Tax paid
Net cash (used in) / generated from operating activities
Cash flows from investing activities
Interest received
Loan repayment received
Net cash generated from investing activities
Cash flows from financing activities
Repayment of borrowings
Interest Paid
Net cash used in financing activities
Net (decrease) / increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
(171,930)
61.15
(10,513,022)
(127,060)
60.50
(7,687,130)
(30)
(4,364)
(176,324)
61.15
61.15
61.15
(1,834)
(266,846)
(10,781,702)
(47)
(61,901)
(189,008)
60.50
60.50
60.50
(2,844)
(3,745,011)
(11,434,985)
6,538
169,238
(548)
160,948
160,400
61.15
61.15
61.15
61.15
61.15
399,780
10,348,413
(33,509)
9,841,503
9,807,994
103,745
84,436
(827)
(827)
60.50
60.50
60.50
60.50
60.50
6,276,573
5,108,378
(50,034)
(50,034)
495,481
600,000
1,095,481
61.15
61.15
61.15
30,297,226
36,688,260
66,985,486
47
3,900,000
3,900,047
60.50
60.50
60.50
2,844
235,950,000
235,952,844
(1,255,000)
(1,255,000)
61.15
61.15
61.15
(76,739,611)
(76,739,611)
(3,900,000)
(3,900,000)
60.50
60.50
60.50
(235,950,000)
(235,950,000)
(780)
60.50
(47,190)
881
61.15
53,869
68,092
59.89
4,078,030
Effect of exchange fluctuation on cash and cash equivalents
Cash and cash equivalents at end of year
68,872
54.38
178,741
68,973
62.50
4,310,640
3,745,259
379,961
68,092
59.89
4,078,030