|
|
FINANCIAL
RESULTS
lthough the
Corporation is working on slender margins as being
a service organisation, earning of profits is not
its main objective, yet the Corporation has been
continuously making modest profits from the 2nd
year of its working.
The year wise position of losses/profits before tax
is as under :
|
Year
|
Loss(-)/ Gross Profit(+)
|
Amount
(Rs. Lacs)
|
|
Year
|
Loss(-)/ Gross Profit(+)
|
Amount
(Rs. Lacs)
|
|
1980-81
|
[-]
|
2.59
|
1994-95
|
[+]
|
10.32
|
|
1981-82
|
[+]
|
2.71
|
1995-96
|
[+]
|
13.17
|
|
1982-83
|
[+]
|
1.40
|
1996-97
|
[+]
|
26.45
|
|
1983-84
|
[+]
|
2.34
|
1997-98
|
[+]
|
38.34
|
|
1984-85
|
[+]
|
4.17
|
1998-99
|
[+]
|
68.10
|
|
1985-86
|
[+]
|
7.80
|
1999-2000
|
[+]
|
96.58
|
|
1986-87
|
[+]
|
10.48
|
2000-01
|
[+]
|
89.22
|
|
1987-88
|
[+]
|
30.51
|
2001-02
|
[+]
|
107.85
|
|
1988-89
|
[+]
|
89.15
|
2002-03
|
[+]
|
158.62
|
|
1989-90
|
[+]
|
5.44
|
2003-04
|
[+]
|
535.52
|
|
1990-91
|
[+]
|
5.43
|
|
2004-05
|
[+]
|
446.76
|
|
1991-92
|
[+]
|
9.19
|
|
2005-06
|
[+]
|
606.77
|
|
1992-93
|
[+]
|
11.89
|
|
2006-07
|
[+]
|
420.47
|
|
1993-94
|
[+]
|
2.13
|
|
|
|
|
DIVIDEND
The
Corporation has also been paying dividend to the
State Govt. Year-wise details of dividend paid /
declared are as under :
|
Year
|
Amount Paid
|
%age
|
|
Year
|
Amount Paid
|
%age
|
| 1984-85 |
150000.00
|
0.5
|
1997-98 |
1230250.00
|
3.5
|
|
1985-86
|
160000.00
|
0.5
|
1998-99
|
1230250.00
|
3.5
|
|
1986-87
|
160000.00
|
0.5
|
1999-2000
|
17,57,500.00
|
5
|
|
1987-88
|
164500.00
|
0.5
|
2000-2001
|
17,57,500.00
|
5
|
|
1988-89
|
169500.00
|
0.5
|
2001-2002 |
17,57,500.00
|
5
|
|
1989-90
|
169500.00
|
0.5
|
2002-2003 |
24,60,500.00
|
7
|
|
1990-91
|
255000.00
|
0.75
|
2003-2004 |
70,30,000.00
|
20
|
|
1991-92
|
341000.00
|
1.00
|
2004-2005 |
52,72,500.00
|
15
|
|
1992-93
|
171000.00
|
0.5
|
2005-06 |
52,72,500.00
|
15
|
|
1993-94
|
|
|
2006-07** |
35,15,000.00
|
15
|
|
1994-95
|
345000.00
|
1.0
|
|
Total: |
3,47,65,500.00
|
|
|
1995-96
|
519000.00
|
1.5
|
|
|
|
|
|
1996-97
|
877500.00
|
2.5
|
|
|
|
|
** declared
FINANCIAL
HEALTH
he
authorised share capital of the Corporation is Rs.
800 lacs distributed into 80,000 shares of Rs. 1,000/-
each. As of today the paid up capital of the Corporation
is Rs. 351.50 lacs. For its working capital requirement,
the Corporation is availing Cash Credit limit of
Rs. 10.00 crore from a consortium of banks. The
HP State Coop. Bank is the leader of the consortium.
The Corporation has paid interest and other bank
charges during the last five years as follows:
|
Year
|
Turnover(Rs. lacs)
|
Interest & Bank Charges (Rs. lacs)
|
% of Interest to Turnover
|
|
1999-2000
|
23886.13
|
199.48
|
0.83
|
|
2000-01
|
21568.20
|
174.54
|
0.81
|
|
2001-02
|
29936.05
|
119.34
|
0.40
|
|
2002-03
|
31134.83
|
67.24
|
0.21
|
|
2003-04
|
37328.55
|
112.98
|
0.30
|
|
2004-05
|
41863.20
|
88.49
|
0.21
|
|
2005-06
|
44492.53
|
182.40
|
0.41
|
|
2006-07
|
49036.19
|
106.12
|
0.22
|
|
Copyright 2001[www.himapurti.com]. All rights reserved.
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