BANGALORE METROPOLITAN TRANSPORT CORPORATION

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1 BANGALORE METROPOLITAN TRANSPORT CORPORATION BALANCE SHEET AND PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31st MARCH 2013 ACCOUNTS DEPARTMENT CENTRAL OFFICES :: BANGALORE

2 (Amount ) BANGALORE METROPOLITAN TRANSPORT CORPORATION BALANCE SHEET AS AT 31ST MARCH 2013 CAPITAL AND LIABILITIES I. EQUITY CAPITAL (Schedule I) I. FIXED ASSETS (at cost) (Schedule VII) Equity shares - State Government Fixed Assets Equity shares - Central Government Capital Work in progress PROPERTY AND ASSETS II. CAPITAL CONTRIBUTION (Schedule II) i. Civil works Karnataka Government capital ii. Civil works -JnNURM Union Government capital iii. Vehicles III. INTERNAL RESOURCES (Schedule IIIB) iv. Land Advance IV. RESERVES AND FUNDS Total Reserves (Schedule III A ) II. INVESTMENTS Depreciation Reserve (Schedule IV) Insurance and Accident reserve fund 0.00 V. LOANS Other investments 0.00 a) Secured loans (Schedule V) Term Loan from Commercial Banks K.U.I.D.F.C.- Megacity III. CURRENT ASSETS K.U.I.D.F.C. JnNURM INVENTORIES b) Unsecured loans i) Stores and Spares HDFC Loan towards Employees ii) Work in Progress Total 2. SUNDRY DEBTORS VI. LIABILITIES i) Debtors considered good Current Liabilities & Provisions (Schedule VI) ii) Debtors considered doubtful Provision for write-off of anticipated loss on.disposal of obsolete stores ADVANCES Provision for bad and doubtful debts/advances i) Advance to Employees Deposits (other than Public Deposits) ii) Advance to Suppliers iii) Advance to other parties

3 (Amount ) CAPITAL AND LIABILITIES PROPERTY AND ASSETS VII. NET PROFIT INTEREST EARNED ON INVESTMENT BUT-..NOT RECEIVED Net profit b/f from previous year STOCK ADJUSTMENT ACCOUNT Less: Net loss b/f from Net Revenue Appropriation Account ASSET ADJUSTMENT ACCOUNT Total DEPOSIT BY THE CORPORATION PRE-PAID EXPENSES CASH i) Cash in Hand ii) Cash at Bank: a) Current Account b) Term Deposit (Schedule VIII) iii) Depot Managers Account Total IV. DEFERRED REVENUE EXPENDITURE V. NET LOSS Net loss b/f from the previous year 2. Add: Net loss b/f from Net Revenue 0.00 Appropriation Account GRAND TOTAL GRAND TOTAL Significant Accounting Policies (Schedule X) ( Notes forming part of accounts given separately) Date: Place:B'lore (Dr. B.CHINNASWAMY) (ANJUM PARWEZ) MANAGING DIRECTOR

4 Per Vehicle KM in Paise BANGALORE METROPOLITAN TRANSPORT CORPORATION PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2013 (Amount ) Per Vehicle KM in Paise Per Vehicle KM in Paise TO OPERATING EXPENSES: BY OPERATING REVENUE: A. TRAFFIC TRAFFIC REVENUE: a) Employee Cost Traffic Revenue from sale of Tickets Salaries and allowances -Officers Passenger Luggage - Revenue Salaries and allowances - Staff Revenue - Contract services Salaries and allowances -Drivers& Conductors Revenue - Travel concession Travel Expenses Fines collected from the passengers Medical charges Postal Mail Service Overtime Total Total Employee cost (a) b) Other Costs Tickets Tools equipments Fines under MV Act Cleaning and sweeping charges Miscellaneous operating expenses Total c) Hired Vehicle charges B. REPAIRS AND MAINTENANCE Salaries and allowances of Maintenance staff/Officers Material Consumption Water & Electricity Charges Freight ( other than fuel ) Repair by outside agencies(reconditioning) Other Charges Total C. FUEL, OIL AND LUBRICANTS D. TAXES ON PASSENGER VEHICLES E. WELFARE EXPENSES F. ADMINISTRATIVE EXPENSES Salaries and allowances of Administration staff/Officers Accident Compensation Afforestation Expenses Allowances to Board & Committee members Communication Expenses Consultation Expenses Maintenance of Departmental Vehicles Printing & Stationery Rent, Rates and Taxes General Office Expenses Repair & Maintenance to Fixed Assets Total Administrative Expenses Per Vehicle KM in Paise INCOME

5 Per Vehicle KM in Paise (Amount ) Per Vehicle KM in Paise G. Depreciation of vehicles Per Vehicle KM in Paise INCOME Per Vehicle KM in Paise Total operating expenses Total operating revenue To operating profit c/d By Operating loss c/d Total Total To operating loss b/d By operating profit b/d TO NON-OPERATING EXPENSES BY NON-OPERATING REVENUE Depreciation of other Assets NON-TRAFFIC REVENUE Less: Amount capitalised in RWS Miscellaneous Income Financial Costs Income from Subsidies Less: Amount capitalised in RWS Provisions Total Contribution towards various Funds i) Property Insurance Fund ii) Third Party Risk Insurance Fund iii) Provision for Bad & Doubtful debts iv) Provision towards Sports and Cultural Activities Total Non-Operating Expenses Total non-operating revenue I. Net prior period expenses (Schedule-IX) Net prior period income To Profit for the year carried forward to Net 0.00 By Losst for the year carried forward to Net Revenue Appropriation Account Revenue Appropriation Account Total Significant Accounting Policies - Schedule X ( Notes forming part of accounts given separately ) Date: (Dr. B.CHINNASWAMY) Place: Bangalore DIRECTOR [FINANCE] -CUM-FA (ANJUM PARWEZ) MANAGING DIRECTOR

6 Comparitive figures for BANGALORE METROPOLITAN TRANSPORT CORPORATION NET REVENUE APPROPRIATION ACCOUNT FOR THE YEAR ENDED 31ST MARCH 2013 Comparitive figures for (Amount ) By profit for the year brought forward from Profit and Loss To Net profit carried forward to Balance Sheet Account By loss for the year brought forward from Profit By Net loss carried forward to Balance Sheet and Loss Account Total Total Date: Place: B'lore (Dr. B. CHINNASWAMY) (ANJUM PARWEZ) MANAGING DIRECTOR

7 Schedule No. I - Equity - State Government (Amount ) Opening Balance as on Add: Receipts during the year 0.00 TOTAL Less: Transfers 0.00 Closing Balance as on Schedule No. - II - Capital Contribution - State Government ( Amount ) Opening Balance as on Add: Receipts during the year 0.00 TOTAL Less: Transfers 0.00 Closing Balance as on (Dr. B. CHINNASWAMY)

8 Schedule No. - III -A Reserves and Surplus Sl. No. Opening Balance as on Additions On A/C of Receipt ( Amount ) Deductions Closing Balance On A/C of as on Expenditure Insurance Fund for Vehicles Third Party Risk only Property Insurance Fund for other Assets including vehicles Information Technology Fund HB Welfare fund JnNURM - Jayanagaar JnNURM - Banashankari JnNURM - Vijayanagara JnNURM - Koramangala JnNURM - Shanthinagar JnNURM - ITPL JnNURM - Bannergatta JnNURM - Kengeri JnNURM - Domlur JnNURM - Yeshwanthapur JnNURM - Rolling Stock Total Total (Dr. B. CHINNASWAMY)

9 Schedule No. - III B - Capitalisation of Internal Resources (Amount ) Sl. No. Opening Balance as on Additions during the year Total Withdrawal during the year Closing Balance as on Capitalisation from Depreciation Reserve Fund Total (Dr. B. CHINNASWAMY)

10 Schedule No. - IV - Depreciation Sl. No. 1 Motor Buses, Trucks, Cars and other Vehicles: Annual Provision On A/C of Transfer On A/C of Scrapping On A/c of Transfer i) Diesel Passenger Buses KMs ii) Staff Cars, Vans & other 16.67% Departmental Vehicles 2 Buildings & Fixtures: i) Pucca Buildings 2.50% Plant & Machinery: i) Heavy Mechanical Equipments 10% ii) Heavy Electrical Equipments 10% iii) Light Mechanical Equipments 20% iv) Light Electrical Equipments 20% v) Computer Hardware & 20% other allied Equipments vi) Electronic Items 20% Miscellaneous Equipments: Rate of Depn. as per Acc. Manual (Amount ) i) Wooden Furniture 10% ii) Steel Furniture 10% iii) Fire Fighting Equipments 10% iv) Medical Equipments 20% v) Photographic Equipments 10% vi) Amenity Equipments 10% vii) Other items of Assets 10% Total Opening Balance as on Additions Total Deductions Closing Balance as on Deduct: Capitalisation from Depreciation reserve Net Balance (Dr. B.CHINNASWAMY)

11 Schedule No. V - Secured Loan Sl. No. Opening Balance as on Increase during the year Total (Amount ) Repayment Closing during Balance the year as on 1 Bank of Maharashtra Vijaya Bank H.D.F.C. Bank K.U.I.D.F.C. Loan K.U.I.D.F.C. Loan - TTMC Total

12 Schedule No. - VI - Current Liabilities & Provisions (Am Sl. Nomenclature No. (Amount ) Amount Amount 1 Capital Liabilities Revenue Liabilities -CADT Revenue Liabilities -PADT Statutory Liabilities Liability for income received but services not rendered Interest on Capital contribution Interest on Loans Liability towards Depot Managers Accounts Total (Dr. B.CHINNASWAMY)

13 Schedule No.- VII - Fixed Assets (A mo A. Fixed Assets On A/C of transfer On A/C of purchases On A/C of scrapping 1 Land Leasehold land Buildings (Pucca) Heavy Mechanical Equipments Heavy Electrical Equipments Light Mechanical Equipments Light Electrical Equipments Computer Hardware & allied Equipments Electronic Equipment Diesel Passenger-Completed Buses and Domestic Vehicles Wooden Furniture Steel Furniture Fire Fighting Equipments Medical Equipments Photographic Equipments Other items of Assets Amenity Equipments B. Capital Work-in-progress Opening Balance as on Additions Deductions (Amount ) Closing On A/C of Balance transfer as on 1 Buildings in progress Vehicles in progress Capital purchase Advance (Domestic Vehicles) Land Advance Total Total (Dr. B. CHINNASWAMY)

14 Schedule No.- VIII INVESTMENT IN SHORT TERM DEPOSITS WITH COMMERCIAL BANKS (Amount ) Sl No (Amount ) Amount 1 Syndicate Bank, KSRTC Branch Syndicate Bank, Kengeri Branch Syndicate Bank, K.R.Puram Branch Syndicate Bank, Bidadi Branch Syndicate Bank, Yediyur Branch Syndicate Bank, Peenya Branch Syndicate Bank, J P Nagar Branch Canara Bankm Lottegollahalli Branch Union Bank of India, HSR Layout Branch Total (Dr.B.CHINNASWAMY)

Disclosures - IFFCO TOKIO General Insurance Co. Ltd. for the period 1st April, st December, 2018 S.No. Form No Description

Disclosures - IFFCO TOKIO General Insurance Co. Ltd. for the period 1st April, 2018-31st December, 2018 S.No. Form No Description 1 NL-1-B-RA Revenue Account 2 NL-2-B-PL Profit & Loss Account 3 NL-3-B-BS