S.M.SHERKAR & CO. M/S.

OMICRON ENG
CHARTERED ACCOUNTANTS
SHANGRILA SHOPPING COMPLEX SAI VILLA ,PLOT NO
SAMARTHNAGAR,AURANGABAD
------------------------- -- ------------------------------------------------------------------- -- ------------------------- --
TEN BALANCE SHEET AS
------------------------- -- ------------------------------------------------------------------- -- ------------------------- --
| LIABILITIES | AMOUNT |
------------------------- -- ------------------------------------------------------------------- -- ------------------------- --
| PARTNERS CAPITAL ACCOUNT : | |
8136153.98 | MR.R.C.AGRAWAL | 11999718.98 |
7288287.37 | MR.M.R.AGRAWAL | 10974829.37 |
| (As per Annexure "A") | ------------------------- |
| | |
| LOANS & BORROWINGS : | |
| a)SECURED LOANS : | |
| Saraswat Co.Op.Bank,Cidco,A'bad | |
0.00 | Cash Credit - A/C NO.83 | 0.00 |
0 | ICICI Bank: Car Term Loan | 0|
0.00 | ICICI Bank: Car Term Loan | 0.00 |
519360.39 | UNION BANK INDIA,CIDCO A'bad | 0|
| b)UNSECURED LOANS | |
| From Friends & Relatives | |
| ( As per Annexure-"B") | 0.00 |
| | ------------------------- |
| CURRENT LIABILITIES & PROVISIONS | |
| Sundry Creditors & payable | |
1323629.00 | (As per Annexure "C") | 73910358.35 |
1200000 | S.Deposit(Shrikrishna Elect.) | 0|
0.00 | Providend fund payable | 0.00 |
0.00 | Salary & Wages payable | 0.00 |
265.00 | Income Tax collected at source | 413248.00 |
0.00 | Service Tax payable | 0.00 |
0.00 | Professional Tax Payable | 0.00 |
0| Vat Tax payable | 0|
0| TDS Payable to Bank | 0|
| | ------------------------- |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
------------------------- | | |
18467695.74 | | TOTAL RS : |
============== | ====================================== | ============== |
PLACE: AURANGABAD AS PER OUR REPORT OF EVEN DATE
DATE : 19.08.2008 FOR S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS

---------------------------
S.M.SHERKAR.PROP.M.NO.34617

S.M.SHERKAR & CO. M/S.OMICRON ENG

CHARTERED ACCOUNTANTS
SHANGRILA SHOPPING COMPLEX SAI VILLA ,PLOT NO
SAMARTHNAGAR,AURANGABAD
------------------------- -- ------------------------------------------------------------------- -- ------------------------- --
PROFIT & LOSS ACCOUNT FOR THE YE
------------------------- -- ------------------------------------------------------------------- -- ------------------------- --
PREVIOUS YEAR | EXPENDITURE | AMOUNT |
------------------------- -- ------------------------------------------------------------------- -- ------------------------- --
606900 | To Opening stock | |
3850000.00 | To Work in progress | |
1359419.94 | To Material Purchases | |
812702.71 | To Contract Expenses(R.A. Bills) | |
0.00 | To Freight,Cartage & Octroi | |
0.00 | To Salary & Wages to Staff | |
| | |
878750.35 | To Gross Profit | |
| | |
| | |
------------------------- | | |
7507773.00 | | TOTAL RS. |
============== | | |
10960.50 | To Postage & Telegramme | |
2951.00 | To Telephone & Mobiles | |
78950.00 | To Tender Fees | |
1205.38 | To Interest:Car loan | 0|
0.00 | :Unsecured loan | 0|
31727.00 | :Bank Borrowing & L/c | 127704 |
| | ------------------------- |
21635.50 | To Bank,L.C & Guarantee Commission | |
0 | To Travelling & Conveyance | |
10009.50 | To Printing and stationery | |
5356.00 | To Electricity & Water Charges | |
0.00 | To Providend Fund | |
0.00 | To Office & Godown Rent | |
0.00 | To House Rent | |
 0.00 | To Karnataka Welfare Cess | |
441 | To Advertisement Expenses | |
9437.50 | To Insurance & Workmen Insurance | |
0.00 | To Professional charges | |
13981 | To Repair & Maintenance | |
0.00 | To Vehicle running & maintenance | |
0 | To Audit fees | |
280969.00 | To Work Contract Tax | |
121729 | To Service tax paid | |
0.00 | To Fooding & Site Lunger Exps | |
2920.00 | To Legal,Stamp Duty & Mortgage | |
6964.00 | To Office & Misc. expenses | |
0 | To Profession tax | |
0 | To Workmens Compensation expenses | |
614.20 | To Short & excess recovery w/off | |
9961 | To Depreciation (As per Annexure) | |
350030.77 | To Profit before Appropriation | |
============== = ====================================== = ============== =
959842.35 | | TOTAL RS. |
============== = ====================================== = ============== =
PLACE: AURANGABAD AS PER OUR REPORT OF EVEN DATE
DATE : 19.08.2008 FOR S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS

---------------------------
S.M.SHERKAR.PROP.M.NO.34617
|::
S.M.SHERKAR & CO. M/S.OMICRON ENG
CHARTERED ACCOUNTANTS
SHANGRILA SHOPPING COMPLEX SAI VILLA ,PLOT NO
SAMARTHNAGAR,AURANGABAD
------------------------- -- ------------------------------------------------------------------- -- ------------------------- --
PROFIT & LOSS APPROPRIATION ACCO
------------------------- -- ------------------------------------------------------------------- -- ------------------------- --
PREVIOUS YEAR | EXPENDITURE | AMOUNT |
------------------------- -- ------------------------------------------------------------------- -- ------------------------- --
| To Interest on Capital @12% | |
0| i) Mr.Manish R. Agrawal | 862545 |
0| ii) Mr.Ramaniranjan Agrawal | 964568 |
| | ------------------------- |
| To Salary To Partners | |
0| i) Mr.Manish R. Agrawal | 300000 |
0| ii) Mr.Ramaniranjan Agrawal | 375000 |
| | ------------------------- |
| To Net Profit Trans.to Capital A/c | |
175015.38 | i) Mr.Manish R. Agrawal | 2644374.50 |
175015.39 | ii) Mr.Ramaniranjan Agrawal | 2644374.50 |
| | ------------------------- |
| | |
============== = ====================================== = ============== =
 350030.77 | | TOTAL RS. |
============== = ====================================== = ============== =
PLACE: AURANGABAD AS PER OUR REPORT OF EVEN DATE
DATE : 19.08.2008 FOR S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS

---------------------------
S.M.SHERKAR.PROP.M.NO.34617

********* ********************* ************************************************************ ************************ ***

********** ********************* ** ********************************************************* ** ********************* **
M/S.OMICRON ENGINEERS
---------------------
SAI VILLA,PLOT NO.388,N-1
E-SECTOR,CIDCO,AURANGABAD
AS ON 31.03.2008

ANNEXURE-A
PARTNERS CAPITAL ACCOUNT
------------------------
MR.R.C.AGRAWAL
--------------
BALANCE AS PER LAST B/S 8136153.98
ADD:AMOUNT BROUGHT :
1)I. T. REFUND 0
2)SALARY TO PARTNER 375000
3)INTEREST ON CAPITAL 964568
4)PROFIT FOR THE YEAR 2643030.5
-------------------------
12118752.48

LESS:WITHDRAWALS:
AMOUNT TRF. FROM FIRMS:
1)FIRM TAX 0
2)TDS 120377.5
3)ADVANCE FBT 0
4)SELF ASST. TAX 0
5)HOUSEHOLD & OTHER 0
-------------------------

MR.MANISH R.AGRAWAL
--------------------
BALANCE AS PER LAST B/S 7288287.37
ADD:AMOUNT BROUGHT :
1)I. T. REFUND 0
2)SALARY TO PARTNER 300000
3)INTEREST ON CAPITAL 862545
4)PROFIT FOR THE YEAR 2643030.5
-------------------------
11093862.87
 LESS:WITHDRAWALS:
AMOUNT TRF. FROM FIRMS:
1)FIRM TAX 0
2)TDS 120377.5
3)ADVANCE FBT 0
4)SELF ASST. TAX 0
5)HOUSEHOLD & OTHER 0
-------------------------

====== ============== = ====================================== = ============== =

 M/S.OMICRON ENGINEERS
(MAHARASHTRA SITE)
SAI VILLA,PLOT NO.388,N-1
E-SECTOR,CIDCO,AURANGABAD
--------------------------- -- -- -- --------------------------- -- ------------------------------------------------------------------------- --
BALANCE SHEET AS ON 31.3.2008
--------------------------- -- -- -- --------------------------- -- ------------------------------------------------------------------------- --
AMOUNT | | | ASSETS |
--------------------------- -- -- -- --------------------------- -- ------------------------------------------------------------------------- --
| | | FIXED ASSETS : |
| | 676608.00 | (As per Annexure "D") |
| | | INVESTMENTS : |
22974548.35 | | 15300 | Saraswat Co.Op.Bank:Shares |
| | 500 | National Saving Certificate |
| | | |
| | | CURRENT ASSETS, LOANS & ADVANCES |
| | | INVENTORY: |
| | 2251000.00 | Work in progress |
| | 533472.00 | Closing stock |
| | | ( As certified by the partners) |
| | | SUNDRY DEBTORS |
| | 3753300.00 | (As per Annexure "E") |
| | | SUNDRY DEPOSIT : |
| | 1143711.00 | (As per Annexure "F") |
| | | LOAN & ADVANCE TO OTHERS |
| | | Crs having Debit Balances |
| | 0| (As per Annexure "G") |
| | 0| Vat setoff claimable |
| | | Service Tax setoff claimable |
| | 170000 | Loan & Advance to others |
| | 0| (As per Annexure "H") |
| | 240755 | Prepaid Insurance |
| | 0.00 | Tax Deducted at source |
| | 0| Advance Tax |
| | | Advance Fringe Benefit Tax |
| | | CASH AND BANK BALANCES : |
74323606.35 | | 78034.38 | Cash on hand |
| | 0.00 | HDFC BANK.A'bad |
| | 0.00 | ING Vysya Bank ltd.A'bad |
| | 0.00 | |
| | | BRANCH & DIVISION |
| | 9605015.36 | Omicron Engineers,Karnataka |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
 --------------------------- | = | --------------------------- | |
97298154.70 | | 18467695.74 | 0.00 |
=============== | = | =============== | ========================================= |
UR REPORT OF EVEN DATE PLACE : AURANGABAD FOR OMICRON
HERKAR & CO. DATE : 19.08.2008
ED ACCOUNTANTS

KAR.PROP.M.NO.34617

M/S.OMICRON ENGINEERS
(MAHARASHTRA SITE)
SAI VILLA,PLOT NO.388,N-1
E-SECTOR,CIDCO,AURANGABAD
--------------------------- -- -- -- --------------------------- -- ------------------------------------------------------------------------- --
& LOSS ACCOUNT FOR THE YEAR ENDED 31.03.2008
--------------------------- -- -- -- --------------------------- -- ------------------------------------------------------------------------- --
AMOUNT | | PREVIOUS YEAR | INCOME |
--------------------------- -- -- -- --------------------------- -- ------------------------------------------------------------------------- --
533472 | | | By Sales & R.A.Bills: |
2251000.00 | | 4723301.00 | Material Supply & Civil Work |
51038381.47 | | | (As per Annexure) |
36574986 | | 0 | By Rate,Weight & Quality Diff. |
49989.50 | | 2251000.00 | By Work in progress |
0.00 | | 533472 | By Closing stock |
| | | |
10377713.32 | | | |
| | | |
| | | |
--------------------------- | | --------------------------- | |
100825542.29 | | 7507773.00 | |
=============== | | =============== | |
1301.00 | | 878750.35 | By Gross Profit |
1506.00 | | 81092 | By Interest recd. on FDR |
0.00 | | 0.00 | By Discount |
| | 0 | By M.Vat Set Off |
| | 0.00 | By Dividend |
| | 0 | By Short & excess recovery w/off |
127704 | | | |
235150.00 | | | |
26589 | | | |
38301.00 | | | |
3411.00 | | | |
0.00 | | | |
0.00 | | | |
13700.00 | | | |
 0.00 | | | |
56686.00 | | | |
0| | | |
0.00 | | | |
0| | | |
47419.00 | | | |
22500 | | | |
47788.00 | | | |
3108270.84 | | | |
34563 | | | |
0.00 | | | |
2408 | | | |
0.00 | | | |
0| | | |
1.33 | | | |
77145.00 | | | |
7790862.00 | | | |
=============== = = = =============== = ========================================= =
11635305.17 | | 959842.35 | 0.00 |
=============== = = = =============== = ========================================= =
UR REPORT OF EVEN DATE PLACE : AURANGABAD FOR OMICRON
HERKAR & CO. DATE : 19.08.2008
ED ACCOUNTANTS

KAR.PROP.M.NO.34617

M/S.OMICRON ENGINEERS
(MAHARASHTRA SITE)
SAI VILLA,PLOT NO.388,N-1
E-SECTOR,CIDCO,AURANGABAD
--------------------------- -- -- -- --------------------------- -- ------------------------------------------------------------------------- --
& LOSS APPROPRIATION ACCOUNT FOR THE YEAR ENDED 31.03.2008
--------------------------- -- -- -- --------------------------- -- ------------------------------------------------------------------------- --
AMOUNT | | PREVIOUS YEAR | INCOME |
--------------------------- -- -- -- --------------------------- -- ------------------------------------------------------------------------- --
| | 350030.77 | By Profit before Appropriation |
| | | |
| | | |
1827113.00 | | | |
| | | |
| | | |
| | | |
675000.00 | | | |
| | | |
| | | |
| | | |
5288749.00 | | | |
| | | |
=============== = = = =============== = ========================================= =
 7790862.00 | | 350030.77 | 0.00 |
=============== = = = =============== = ========================================= =
UR REPORT OF EVEN DATE PLACE : AURANGABAD FOR OMICRON
HERKAR & CO. DATE : 19.08.2008
ED ACCOUNTANTS

KAR.PROP.M.NO.34617

********************* ****************************** *************************************************************** ***

*********************** ** ** ** *********************** ** ************************************************************* **

11998374.98
 10973485.37

---------------------------
22971860.35
===============

=============== = = = =============== = ========================================= =

 S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS
SHANGRILA SHOPPING COMPLEX
SAMARTHNAGAR,AURANGABAD
------------------------- -- --------------------------- 2 ------------------------- --
2
------------------------- -- --------------------------- 2 ------------------------- --
AMOUNT | AMOUNT 2 |
------------------------- -- --------------------------- 2 ------------------------- --
| 2 |
| 1521018.00 2 11259914.84 |
| 2 11408742.83 |
15300 | 2 |
500 | 2 |
------------------------- | 15800.00 2 |
| 2 |
| 2 |
28822000 | 2 139913875.17 |
4151274.00 | 2 198116 |
| 2 432649.00 |
| 2 |
49114800.00 | 2 |
| 2 |
1445590.00 | 2 12488002.00 |
| 2 |
| 2 |
582033 | 2 |
1237901.85 | 33066776.31 |
0| |
| 2 5349.00 |
0| 2 90004.00 |
0| 2 482057.00 |
1507768 | 2 645664.21 |
0| 2 2930 |
0| 2 0|
| 2 0|
55666.38 | 2 |
0| 2 |
0| 2 |
------------------------- | 86917033.23 2 |
| 2 |
| 8844303.47 2 9605015.36 |
| 2 |
| 2 |
| 2 |
| 2 |
| 2 |
| 2 |
 | --------------------------- 2 ------------------------- |
TOTAL RS. : | 97298154.70 2 219599095.72 |
============== | =============== 2 ============== |
FOR OMICRON ENGINEERS 2 PLACE: AURANGABAD
2 DATE : 19.08.2008
2
2
2
------------------------- -- --------------------------- 2
MR.M.R.AGRAWAL...PARTNER 2
2
2
2
2
2
S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS
SHANGRILA SHOPPING COMPLEX
SAMARTHNAGAR,AURANGABAD
------------------------- -- --------------------------- 2 ------------------------- --
2
------------------------- -- --------------------------- 2 ------------------------- --
AMOUNT | AMOUNT 2 PREVIOUS YEAR |
------------------------- -- --------------------------- 2 ------------------------- --
| 2 425950 |
| 67852268.29 2 12780000.00 |
| 2 212690364.34 |
| 2 64460159.57 |
28822000 | 1029979.00 |
4151274.00 | 2 980364.00 |
------------------------- | 32973274.00 2 |
| 2 44867717.47 |
| 2 |
| |
| --------------------------- 2 ------------------------- |
TOTAL RS. : | 100825542.29 2 337234534.38 |
| =============== 2 ============== |
| 10377713.32 2 40263.30 |
| 19690 2 487682.50 |
| 0.00 2 714032.00 |
| 1237901.85 2 24928 |
| 0 2 1230141 |
| 0.00 2 10855040 |
| |
| 2 2090455.08 |
| 2 916813.60 |
| 2 321428.51 |
| 2 123780.00 |
| 2 48557.00 |
| 2 27500.00 |
| 2 211720.00 |
 | 0|
| 2 68660.00 |
| 2 135456.00 |
| 2 423000.00 |
| 2 28892.60 |
| 2 779995.03 |
| 2 41634.00 |
| 2 2898439.00 |
| 2 1211915.20 |
| 382715.50 |
| 2 600129.00 |
| 2 241728.70 |
| 2 26815.00 |
| 2 50604.00 |
| 2 0|
| 2 382061.00 |
| 2 22192312.16 |
============== = =============== 2 ============== =
TOTAL RS. | 11635305.17 2 46556698.18 |
============== = =============== 2 ============== =
FOR OMICRON ENGINEERS 2 PLACE: AURANGABAD
2 DATE : 19.08.2008
2
2
2
------------------------- -- --------------------------- 2
MR.M.R.AGRAWAL...PARTNER 2

S.M.SHERKAR & CO.

CHARTERED ACCOUNTANTS
SHANGRILA SHOPPING COMPLEX
SAMARTHNAGAR,AURANGABAD
------------------------- -- --------------------------- 2 ------------------------- --
2
------------------------- -- --------------------------- 2 ------------------------- --
AMOUNT | AMOUNT 2 PREVIOUS YEAR |
------------------------- -- --------------------------- 2 ------------------------- --
| 7790862 2 |
| 2 1165511 |
| 2 1217353 |
| 2 |
| 2 |
| 2 600000.00 |
| 2 750000.00 |
| 2 |
| 2 |
| 2 9229724.08 |
| 2 9229724.08 |
| 2 |
| 2 |
============== = =============== 2 ============== =
 TOTAL RS. | 7790862.00 2 22192312.16 |
============== = =============== 2 ============== =
FOR OMICRON ENGINEERS 2 PLACE: AURANGABAD
2 DATE : 19.08.2008
2
2
2
------------------------- -- --------------------------- 2
MR.M.R.AGRAWAL...PARTNER 2

********************* ************************ ****** ********* ********************* ***

********************* ** *********************** ** ***** *********** ********************* **
============== = =============== ======= ============== =
 RKAR & CO. M/S.OMICRON ENGINEERS
RED ACCOUNTANTS
RILA SHOPPING COMPLEX SAI VILLA ,PLOT NO.388,N-1
HNAGAR,AURANGABAD
------------------------------------------------------------------- -- --------------------------- -- ------------------------- -- -- --
TEN BALANCE SHEET AS ON 31.3.2008
------------------------------------------------------------------- -- --------------------------- -- ------------------------- -- -- --
LIABILITIES | AMOUNT | AMOUNT | |
------------------------------------------------------------------- -- --------------------------- -- ------------------------- -- -- --
PARTNERS CAPITAL ACCOUNT : | | | |
MR.R.C.AGRAWAL | 26416415.10 | | |
MR.M.R.AGRAWAL | 25215070.11 | | |
(As per Annexure "A") | --------------------------- | 51631485.21 | |
| | | |
LOANS & BORROWINGS : | | | |
a)SECURED LOANS : | | | |
Saraswat Co.Op.Bank,Cidco,A'bad | | | |
Cash Credit - A/C NO.83 | 199133348.52 | | |
ICICI Bank: Car Term Loan(Indica) | 98302.93 | | |
ICICI Bank: Car Term Loan(Innova) | 270458.00 | | |
Union Bank of India:Cash Credit) | 201506.54 | | |
b)UNSECURED LOANS | | | |
From Friends & Relatives | | | |
( As per Annexure-"B") | 3060464.00 | | |
| --------------------------- | 202764079.99 | |
CURRENT LIABILITIES & PROVISIONS | | | |
Sundry Creditors & payable | | | |
(As per Annexure "C") | 67564288.69 | | |
S.Deposit(Shrikrishna Elect.) | | | |
Providend fund payable | 25901.00 | | |
Salary & Wages payable | 116828.00 | | |
Income Tax collected at source | 791359.00 | | |
Service Tax payable | 2930901.21 | | |
Professional Tax Payable | 3635 | | |
Vat Payable | 441399.13 | | |
TDS Payable to Bank | 384 | | |
| --------------------------- | 71874696.03 | |
| | | |
| | | |
| | | |
BRANCH & DIVISION | | | |
Omicron Engineers,Aurangabad | | 8844303.47 | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
 | | ------------------------- | = |
| TOTAL RS : | 335114564.70 | |
====================================== | =============== | ============== | = |
AURANGABAD AS PER OUR REPORT OF EVEN DATE
FOR S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS

---------------------------
S.M.SHERKAR.PROP.M.NO.34617

RKAR & CO. M/S.OMICRON ENGINEERS

RED ACCOUNTANTS
RILA SHOPPING COMPLEX SAI VILLA ,PLOT NO.388,N-1
HNAGAR,AURANGABAD
------------------------------------------------------------------- -- --------------------------- -- ------------------------- -- -- --
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31.03.2008
------------------------------------------------------------------- -- --------------------------- -- ------------------------- -- -- --
EXPENDITURE | AMOUNT | AMOUNT | |
------------------------------------------------------------------- -- --------------------------- -- ------------------------- -- -- --
To Opening stock | | 26245155 | |
To Work in progress | | 35045700.00 | |
To Material Purchases | | 278455381.31 | |
To Contract Expenses(R.A. Bills) | | 130613296.48 | |
To Freight,Cartage & Octroi | | 1239757.86 | |
To Salary & Wages to Staff | | 1898009.00 | |
| | | |
To Gross Profit | | 74432686.81 | |
| | | |
| | | |
| | ------------------------- | |
| TOTAL RS. | 547929986.46 | |
| | ============== | |
To Postage & Telegramme | | 95735.60 | |
To Telephone & Mobiles | | 588478.15 | |
To Tender Fees | | 356414.00 | |
To Interest:Car loan | 93525.09 | | |
:Unsecured loan | 931753 | | |
:Bank Borrowing & L/c | 18405071.8 | | |
| --------------------------- | 19430349.89 | |
To Bank,L.C & Guarantee Commission | | 1899313.03 | |
To Travelling Expenses | | 966427.90 | |
To Printing and stationery | | 577928.25 | |
To Electricity & Water Charges | | 172128.00 | |
To Providend Fund | | 102363.00 | |
To Office & Godown Rent | | 162800.00 | |
To House Rent | | 251967.00 | |
 To Karnataka Welfare Cess | | 1992986.00 | |
To Advertisement Expenses | | 41579.00 | |
To Insurance & workmens Insu. | | 347196.31 | |
To Professional charges | | 391160.00 | |
To Repair & Maintenance | | 55532.00 | |
To Vehicle running & maintenance | | 924622.27 | |
To Audit fees | | 39326.00 | |
To Work Contract Tax | | 5402282.58 | |
To Service tax paid | | 1921712.50 | |
To Fooding & Site Lunger Exps. | | 582484.31 | |
To Legal,Stamp Duty & Mortgage | | 278745.00 | |
To Office & Misc. expenses | | 125570.25 | |
To Professional Tax | | 2500.00 | |
To Workmens Compesation Expenses | | 0| |
To Short Excess Recovery w/off | | 2695.78 | |
To Depreciation (As per Annexure) | | 604906.00 | |
To Profit before Appropriation | | 40575531.51 | |
======================================
= =============== = ============== = = =
| TOTAL RS. | 77892734.33 | |
====================================== = =============== = ============== = = =
AURANGABAD AS PER OUR REPORT OF EVEN DATE
FOR S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS

---------------------------
S.M.SHERKAR.PROP.M.NO.34617

RKAR & CO. M/S.OMICRON ENGINEERS

RED ACCOUNTANTS
RILA SHOPPING COMPLEX SAI VILLA ,PLOT NO.388,N-1
HNAGAR,AURANGABAD
------------------------------------------------------------------- -- --------------------------- -- ------------------------- -- -- --
PROFIT & LOSS APPROPRIATION ACCOUNT FOR THE YEAR ENDED
------------------------------------------------------------------- -- --------------------------- -- ------------------------- -- -- --
EXPENDITURE | AMOUNT | AMOUNT | |
------------------------------------------------------------------- -- --------------------------- -- ------------------------- -- -- --
To Interest on Capital @12% | | | |
i) Mr.Manish R. Agrawal | 1033387 | | |
ii) Mr.Ramaniranjan Agrawal | 1047282 | | |
| --------------------------- | 2080669.00 | |
To Salary To Partners | | | |
i) Mr.Manish R. Agrawal | 300000 | | |
ii) Mr.Ramaniranjan Agrawal | 375000 | | |
| --------------------------- | 675000.00 | |
To Net Profit Trans.to Capital A/c | | | |
i) Mr.Manish R. Agrawal | 18909931.25 | | |
ii) Mr.Ramaniranjan Agrawal | 18909931.26 | | |
| --------------------------- | 37819862.51 | |
| | | |
====================================== = =============== = ============== = = =
 | TOTAL RS. | 40575531.51 | |
====================================== = =============== = ============== = = =
AURANGABAD AS PER OUR REPORT OF EVEN DATE
FOR S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS

---------------------------
S.M.SHERKAR.PROP.M.NO.34617

********************************************************* ************************ ************************ *********

********************************************************* ** *********************** ** ********************* ** ** **
M/S.OMICRON ENGINEERS
SHOP NO.9,ASSEMBLY TOWER,
BEHIND MINI VIDHAN SOUDHA,
COURT ROAD, GULBARGA.
AS ON 31.03.2008

ANNEXURE-A
PARTNERS CAPITAL ACCOUNT
------------------------
MR.R.C.AGRAWAL
--------------
BALANCE AS PER LAST B/S 11259914.84
ADD:AMOUNT BROUGHT :
1)I. T. REFUND 5830
2)SALARY TO PARTNER 375000
3)INTEREST ON CAPITAL 1047282
4)PROFIT FOR THE YEAR 18854814.76
---------------------------
31542841.6

LESS:WITHDRAWALS:
AMOUNT TRF. FROM FIRMS:
1)FIRM TAX 151076
2)TDS 455872
3)ADVANCE FBT 85600
4)SELF ASST. TAX 3539000
5)HOUSEHOLD & OTHER 949995
--------------------------- 26361298.6

MR.MANISH R.AGRAWAL
--------------------
BALANCE AS PER LAST B/S 11408742.83
ADD:AMOUNT BROUGHT :
1)I. T. REFUND 5830
2)SALARY TO PARTNER 300000
3)INTEREST ON CAPITAL 1033387
4)PROFIT FOR THE YEAR 18854814.75
---------------------------
31602774.58
LESS:WITHDRAWALS:
AMOUNT TRF. FROM FIRMS:
1)FIRM TAX 151076
2)TDS 455872
3)ADVANCE FBT 85600
4)SELF ASST. TAX 3561000
5)HOUSEHOLD & OTHER 2189272.97
--------------------------- 25159953.61

-------------------------
51521252.21
==============

====================================== = =============== = ============== = = =

 M/S.OMICRON ENGINEERS
(KARNATAKA SITE)
SAI VILLA,PLOT NO.388,N-1
E-SECTOR,CIDCO,AURANGABAD
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
ET AS ON 31.3.2008
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
| ASSETS | AMOUNT |
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
| FIXED ASSETS : | |
2711999.00 | (As per Annexure "D") | |
| INVESTMENTS : | |
0| Saraswat Co.Op.Bank:Shares | 0|
5000.00 | National Saving Certificate | 5000 |
| | ------------------------- |
| CURRENT ASSETS, LOANS & ADVANCES | |
| INVENTORY: | |
35045700 | Work in progress | 40749500 |
26245155.00 | Closing stock | 7495850.00 |
| ( As certified by the partners) | |
| SUNDRY DEBTORS | |
88420982.00 | (As per Annexure "E") | 70348135.02 |
| SUNDRY DEPOSIT : | |
51638359.93 | (As per Annexure "F") | 174109903.93 |
| LOAN & ADVANCE TO OTHERS | |
| Crs having Debit Balances | |
11004261.8 | (As per Annexure "G") | 1727613.12 |
599694.69 | Vat Set off Claimable | 0|
151253 | Service Tax setoff claimable | 0|
| Loan & Advance to others | |
744780.75 | (As per Annexure "H") | 26594337 |
116500.00 | Prepaid Insurance | 254272.00 |
911744 | Tax Deducted at source | 1646022 |
0.00 | Advance Tax | 7500000 |
21200 | Advance Fringe Benefit Tax | 165000.00 |
| CASH AND BANK BALANCES : | |
196185.89 | Cash on hand | 200472.60 |
220306.02 | HDFC BANK.A'bad | 35526.44 |
1565973.64 | ING Vysya Bank ltd.A'bad | 1117759.59 |
| | ------------------------- |
| BRANCH & DIVISION | |
| Omicron Engineers,Kanpur | |
| | |
| | |
| | |
| | |
| | |
| | |
 ------------------------- | | |
219599095.72 | 0.00 | TOTAL RS. : |
============== | ======================================= | ============== |
PLACE : AURANGABAD FOR
FOR OMICRON
OMICRON ENGINEERS
ENGINEERS
DATE : 19.08.2008

------------------------- --
MR.M.R.AGRAWAL...PARTNER

M/S.OMICRON ENGINEERS
(KARNATAKA SITE)
SAI VILLA,PLOT NO.388,N-1
E-SECTOR,CIDCO,AURANGABAD
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
HE YEAR ENDED 31.03.2008
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
PREVIOUS YEAR | INCOME | AMOUNT |
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
| By Sales & R.A.Bills: | |
275532209.20 | Material Supply & Civil Work | |
| (As per Annexure) | |
411470.18 | By Rate,Weight & Quality Diff. | |
35045700.00 | By Work in progress | 40749500.00 |
26245155 | By Closing stock | 7495850 |
| | ------------------------- |
| | |
| | |
| | |
------------------------- | | |
337234534.38 | | TOTAL RS. : |
============== | | |
44867717.47 | By Gross Profit | |
900105 | By Interest recd. on FDR | |
1600 | By Discount | |
772789.09 | By K-Vat Credit Setoff | |
0 | By Dividend | |
14486.62 | By Short & excess recovery w/off | |
0 | By Interest from Loans | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
 | | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
============== = ======================================= = ============== =
46556698.18 | 0.00 | TOTAL RS. |
============== = ======================================= = ============== =
PLACE : AURANGABAD FOR
FOR OMICRON
OMICRON ENGINEERS
ENGINEERS
DATE : 19.08.2008

------------------------- --
MR.M.R.AGRAWAL...PARTNER

M/S.OMICRON ENGINEERS
(KARNATAKA SITE)
SAI VILLA,PLOT NO.388,N-1
E-SECTOR,CIDCO,AURANGABAD
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
ACCOUNT FOR THE YEAR ENDED 31.03.2008
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
PREVIOUS YEAR | INCOME | AMOUNT |
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
22192312.16 | By Profit before Appropriation | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
============== = ======================================= = ============== =
 22192312.16 | 0.00 | TOTAL RS. |
============== = ======================================= = ============== =
PLACE : AURANGABAD FOR
FOR OMICRON
OMICRON ENGINEERS
ENGINEERS
DATE : 19.08.2008

------------------------- --
MR.M.R.AGRAWAL...PARTNER

********************* ************************************************************ ************************ ***

********************* ** ********************************************************** ** ********************* **
============== = ======================================= = ============== =
 S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS
SHANGRILA SHOPPING COMPLEX
SAMARTHNAGAR,AURANGABAD
------------------------- 3 ------------------------- -- ------------------------------------------------------------------- --
3
------------------------- 3 ------------------------- -- ------------------------------------------------------------------- --
AMOUNT 3 | LIABILITIES |
------------------------- 3 ------------------------- -- ------------------------------------------------------------------- --
3 | PARTNERS CAPITAL ACCOUNT : |
3022576.00 3 0.00 | MR.R.C.AGRAWAL |
3 0.00 | MR.M.R.AGRAWAL |
3 | (As per Annexure "A") |
3 | |
5000.00 3 | LOANS & BORROWINGS : |
3 | a)SECURED LOANS : |
3 | Saraswat Co.Op.Bank,Cidco,A'bad |
3 0.00 | Cash Credit - A/C NO.83 |
3 0.00 | ICICI Bank: Car Term Loan |
3 0.00 | ICICI Bank: Car Term Loan |
3 0.00 | UNION BANK INDIA,CIDCO A'bad |
3 | b)UNSECURED LOANS |
3 | From Friends & Relatives |
3 0.00 | ( As per Annexure-"B") |
3 | |
3 | CURRENT LIABILITIES & PROVISIONS |
3 | Sundry Creditors & payable |
0.00 | (As per Annexure "C") |
0.00 | S.Deposit(Shrikrishna Elect.) |
3 0.00 | Providend fund payable |
3 0.00 | Salary & Wages payable |
3 0.00 | Income Tax collected at source |
3 0.00 | Service Tax payable |
3 0.00 | Professional Tax Payable |
3 0.00 | U.P.Vat Payable |
3 0.00 | TDS Payable to Bank |
3 | Advance:UP Rajkiya Nirman Nigam |
3 | |
3 | |
331944391.70 3 | |
3 | BRANCH & DIVISION |
142597.00 3 | Omicron Engineers,Karnataka |
3 | |
3 | |
3 | |
3 | |
3 | |
3 | |
 ------------------------- 3 ------------------------- | |
335114564.70 3 0.00 | |
============== 3 ============== | ====================================== |
ICRON ENGINEERS 3 PLACE: AURANGABAD AS PER OUR R
3 DATE : 19.08.2008 FOR S.M.SHER
3 CHARTERED A
3
3
------------------------- 3 ---------------------
AGRAWAL...PARTNER 3 S.M.SHERKAR
3
3
3
3
3
S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS
SHANGRILA SHOPPING COMPLEX
SAMARTHNAGAR,AURANGABAD
------------------------- 3 ------------------------- -- ------------------------------------------------------------------- --
3 PROFIT & LOSS ACCOUNT FOR THE YE
------------------------- 3 ------------------------- -- ------------------------------------------------------------------- --
AMOUNT 3 PREVIOUS YEAR | EXPENDITURE |
------------------------- 3 ------------------------- -- ------------------------------------------------------------------- --
3 0 | To Opening stock |
499684636.46 3 0 | To Work in progress |
3 0 | To Material Purchases |
3 0 | To Contract Expenses(R.A. Bills) |
0 | To Freight,Cartage & Octroi |
3 0 | To Salary & Wages to Staff |
48245350.00 3 | |
3 0 | To Gross Profit |
3 | |
| |
------------------------- 3 ------------------------- | |
547929986.46 3 0.00 | |
============== 3 ============== | |
74432686.81 3 0 | To Postage & Telegramme |
1950808 3 0 | To Telephone & Mobiles |
8689.52 3 0 | To Tender Fees |
0.00 3 0 | To Interest:Car loan |
4500.00 3 0| :Unsecured loan |
0 3 0| :Bank Borrowing & L/c |
1496050 0| |
3 0 | To Bank,L.C & Guarantee Commission |
3 0 | To Travelling Expenses |
3 0 | To Printing and stationery |
3 0 | To Electricity & Water Charges |
3 0 | To Providend Fund |
3 0 | To Office & Godown Rent |
3 0 | To House Rent |
 0 | To Karnataka Welfare Cess |
3 0 | To Advertisement Expenses |
3 0 | To Insurance & Workmens Insurance |
3 0 | To Professional charges |
3 0 | To Repair & Maintenance |
3 0 | To Vehicle running & maintenance |
3 0 | To Audit fees |
3 0 | To Work Contract Tax |
3 0 | To Service tax paid |
0 | To Fooding & Site Lunger Exps. |
3 0 | To Legal,Stamp Duty & Mortgage |
3 0 | To Office & Misc. expenses |
3 0 | To Professional Tax |
3 0 | To Workmens Compesation Expenses |
3 0 | To Short Excess Recovery w/off |
3 0 | To Depreciation (As per Annexure) |
3 0 | To Profit before Appropriation |
============== 3 ============== = ====================================== =
77892734.33 3 0.00 | |
============== 3 ============== = ====================================== =
ICRON ENGINEERS 3 PLACE: AURANGABAD AS PER OUR R
3 DATE : 19.08.2008 FOR S.M.SHER
3 CHARTERED A
3
3
------------------------- 3 ---------------------
AGRAWAL...PARTNER 3 S.M.SHERKAR

S.M.SHERKAR & CO.

CHARTERED ACCOUNTANTS
SHANGRILA SHOPPING COMPLEX
SAMARTHNAGAR,AURANGABAD
------------------------- 3 ------------------------- -- ------------------------------------------------------------------- --
3 PROFIT & LO
------------------------- 3 ------------------------- -- ------------------------------------------------------------------- --
AMOUNT 3 PREVIOUS YEAR | EXPENDITURE |
------------------------- 3 ------------------------- -- ------------------------------------------------------------------- --
40575531.51 3 | To Interest on Capital @12% |
3 0| i) Mr.Manish R. Agrawal |
3 0| ii) Mr.Ramaniranjan Agrawal |
3 | |
3 | To Salary To Partners |
3 0| i) Mr.Manish R. Agrawal |
3 0| ii) Mr.Ramaniranjan Agrawal |
3 | |
3 | To Net Profit Trans.to Capital A/c |
3 0| i) Mr.Manish R. Agrawal |
3 0| ii) Mr.Ramaniranjan Agrawal |
3 | |
3 | |
============== 3 ============== = ====================================== =
 40575531.51
==============
ICRON ENGINEERS
-------------------------
AGRAWAL...PARTNER
********************* ****** ********* ********************* ************************************************************ ***
********************* ** ***** *********** ********************* ** ********************************************************* **
3 0.00 | |
3 ============== = ====================================== =
3 PLACE: AURANGABAD AS PER OUR R
3 DATE : 19.08.2008 FOR S.M.SHER
3 CHARTERED A
3
3
3 ---------------------
3 S.M.SHERKAR
M/S.OMICRON ENGINEERS
(KANPUR SITE)
PLOT NO.331,N-1, E-SECTOR,
CIDCO,AURANGABAD-431 003
AS ON 31.03.2008
ANNEXURE-A
PARTNERS CAPITAL ACCOUNT
------------------------
MR.R.C.AGRAWAL
--------------
BALANCE AS PER LAST B/S
ADD:AMOUNT BROUGHT :
1)I. T. REFUND
2)SALARY TO PARTNER
3)INTEREST ON CAPITAL
4)PROFIT FOR THE YEAR
LESS:WITHDRAWALS:
AMOUNT TRF. FROM FIRMS:
1)FIRM TAX
2)TDS
3)ADVANCE FBT
4)SELF ASST. TAX
5)HOUSEHOLD & OTHER
MR.MANISH R.AGRAWAL
--------------------
BALANCE AS PER LAST B/S
ADD:AMOUNT BROUGHT :
1)I. T. REFUND
2)SALARY TO PARTNER
3)INTEREST ON CAPITAL
4)PROFIT FOR THE YEAR
 LESS:WITHDRAWALS:
AMOUNT TRF. FROM FIRMS:
1)FIRM TAX
2)TDS
3)ADVANCE FBT
4)SELF ASST. TAX
5)HOUSEHOLD & OTHER

============== = ======= ============== = ====================================== =

 M/S.OMICRON ENGINEERS

SAI VILLA ,PLOT NO.388,N-1

------------------------- -- ----------------------------- -- -- -- --------------------------- --

BALANCE SHEET AS ON 31.3.2008
------------------------- -- ----------------------------- -- -- -- --------------------------- --
AMOUNT | AMOUNT | | |
------------------------- -- ----------------------------- -- -- -- --------------------------- --
| | | |
67864.00 | | | 0.00 |
67864.00 | | | |
------------------------- | 135728.00 | | 0|
| | | 0|
| | | |
| | | |
| | | |
0.00 | | | 0|
0.00 | | | 0|
0.00 | | | |
0.00 | | | |
| | | 0|
| | | |
0.00 | | | 0|
------------------------- | 0| | |
| | | |
| | | 0|
0.00 | | | 0|
0.00 | | | 0|
0.00 | | | |
0.00 | | | 0|
0.00 | | | 0|
0.00 | | | 0|
0.00 | | | 0|
23799.00 | | | 0|
0.00 | | | |
2450000.00 | | | 0|
------------------------- | 2473799 | | 0|
| | | 0|
| | | |
| | | |
| 142597 | | 0|
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
 | ----------------------------- | | --------------------------- |
TOTAL RS : | 2752124.00 | | 0.00 |
============== | ================ | = | =============== |
AS PER OUR REPORT OF EVEN DATE
FOR S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS

---------------------------
S.M.SHERKAR.PROP.M.NO.34617

M/S.OMICRON ENGINEERS

SAI VILLA ,PLOT NO.388,N-1

------------------------- -- ----------------------------- -- -- -- --------------------------- --

ACCOUNT FOR THE YEAR ENDED 31.03.2008
------------------------- -- ----------------------------- -- -- -- --------------------------- --
AMOUNT | AMOUNT | || PREVIOUS YEAR |
------------------------- -- ----------------------------- -- -- -- --------------------------- --
| 0| | |
| 0| | 0.00 |
| 938244 | | 0|
| 473094 | | |
| -20000 | | 0.00 |
| 0| | 0.00 |
| | | |
| #VALUE! | | |
| | | |
| | | |
| ----------------------------- | | --------------------------- |
TOTAL RS. | #VALUE! | | 0.00 |
| ================ | | =============== |
| 35 | | 0|
| 0| | 0|
| 0| | 0|
0| | | 0|
0| | | 0|
0| | | 0|
------------------------- | 0| | |
| 0| | |
| 4922 | | |
| 205 | | |
| 0| | |
| 0| | |
| 0| | |
| 0| | |
 | 0| | |
| 0| | |
| 0| | |
| 0| | |
| 0| | |
| 1000 | | |
| 0| | |
| 0| | |
| 0| | |
| 0| | |
| 0| | |
| 0| | |
| 0| | |
| 0| | |
| 0| | |
| 0| | |
| #VALUE! | | |
============== = ================ = = = =============== =
TOTAL RS. | #VALUE! | | 0.00 |
============== = ================ = = = =============== =
AS PER OUR REPORT OF EVEN DATE
FOR S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS

---------------------------
S.M.SHERKAR.PROP.M.NO.34617

M/S.OMICRON ENGINEERS

SAI VILLA ,PLOT NO.388,N-1

------------------------- -- ----------------------------- -- -- -- --------------------------- --

PROFIT & LOSS APPROPRIATION ACCOUNT FOR THE YEAR ENDED 31.03.2008
------------------------- -- ----------------------------- -- -- -- --------------------------- --
AMOUNT | AMOUNT | | PREVIOUS YEAR |
------------------------- -- ----------------------------- -- -- -- --------------------------- --
| | | 0|
0| | | |
0| | | |
------------------------- | 0| | |
| | | |
0| | | |
0| | | |
------------------------- | 0| | |
| | | |
67864 | | | |
67864 | | | |
------------------------- | 135728 | | |
| | | |
============== = ================ = = = =============== =
 TOTAL RS. | 135728.00 | | 0.00 |
============== = ================ = = = =============== =
AS PER OUR REPORT OF EVEN DATE
FOR S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS

---------------------------
S.M.SHERKAR.PROP.M.NO.34617

********************* *************************** ****************************** ***

********************* ** ************************ ** ** ** *********************** **

0
0
0
67864
-------------------------
67864

0
0
0
0
0
------------------------- 67864

0
0
0
67864
-------------------------
67864
 0
0
0
0
0
------------------------- 67864

-----------------------------
135728
================
-------------------------
-----------------------------

================
============== = ================ = = = =============== =
 M/S.OMICRON ENGINEERS
(UTTAR PRADESH SITE)
PLOT NO.331,N-1, E-SECTOR,
CIDCO,AURANGABAD-431 003
--------------------------------------------------------------------- -- ------------------------- -- ----------------------------- 4
4
--------------------------------------------------------------------- -- ------------------------- -- ----------------------------- 4
ASSETS | AMOUNT | AMOUNT 4
--------------------------------------------------------------------- -- ------------------------- -- ----------------------------- 4
FIXED ASSETS : | | 4
(As per Annexure "D") | | 0.00 4
INVESTMENTS : | | 4
Saraswat Co.Op.Bank:Shares | 0| 4
National Saving Certificate | 0| 4
| ------------------------- | 0.00 4
CURRENT ASSETS, LOANS & ADVANCES | | 4
INVENTORY: | | 4
Work in progress | 0| 4
Closing stock | 0| 4
( As certified by the partners) | | 4
SUNDRY DEBTORS | | 4
(As per Annexure "E") | 1614557 | 4
SUNDRY DEPOSIT : | | 4
(As per Annexure "F") | 0| 4
LOAN & ADVANCE TO OTHERS | | 4
Crs having Debit Balances | | 4
(As per Annexure "G") | 1137567 | 4
Vat Set off Claimable | 0| 4
Service Tax setoff claimable | 0| 4
Loan & Advance to others | | 4
(As per Annexure "H") | 0| 4
Prepaid Insurance | 0| 4
Tax Deducted at source | 0| 4
Advance Tax | 0| 4
Advance Fringe Benefit Tax | 0| 4
CASH AND BANK BALANCES : | | 4
Cash on hand | 0| 4
HDFC BANK.A'bad | 0| 4
ING Vysya Bank ltd.A'bad | 0| 4
| ------------------------- | 2752124 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
 | | ----------------------------- 4
0.00 | TOTAL RS. : | 2752124.00 4
======================================= | ============== | ================ 4
PLACE : AURANGABAD FOR
FOR OMICRON
OMICRON ENGINEERS
ENGINEERS 4
DATE : 19.08.2008 4
4
4
4
------------------------- -- ----------------------------- 4
MR.M.R.AGRAWAL...PARTNER 4
4
4
4
4
4
M/S.OMICRON ENGINEERS 4
(UTTAR PRADESH SITE) 4
PLOT NO.331,N-1, E-SECTOR, 4
CIDCO,AURANGABAD-431 003 4
--------------------------------------------------------------------- -- ------------------------- -- ----------------------------- 4
4
--------------------------------------------------------------------- -- ------------------------- -- ----------------------------- 4
INCOME | AMOUNT | AMOUNT 4
--------------------------------------------------------------------- -- ------------------------- -- ----------------------------- 4
By Sales & R.A.Bills: | | 4
Material Supply & Civil Work | | 1533228 4
| | 4
By Rate,Weight & Quality Diff. | | #VALUE! 4
By Work in progress | 0.00 | 4
By Closing stock | 0.00 | 4
| ------------------------- | 0.00 4
| | 4
| | 4
| | 4
| | ----------------------------- 4
| TOTAL RS. : | #VALUE! 4
| | ================ 4
By Gross Profit | | #VALUE! 4
By Interest recd. on FDR | | 0 4
By Discount | | 0 4
By Vat Credit Setoff | | 0 4
By Dividend | | 0 4
By Short & excess recovery w/off | | 0 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
 | | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
======================================= = ============== = ================ 4
#VALUE! | TOTAL RS. | #VALUE! 4
======================================= = ============== = ================ 4
PLACE : AURANGABAD FOR
FOR OMICRON
OMICRON ENGINEERS
ENGINEERS 4
DATE : 19.08.2008 4
4
4
4
------------------------- -- ----------------------------- 4
MR.M.R.AGRAWAL...PARTNER 4
4
M/S.OMICRON ENGINEERS 4
(UTTAR PRADESH SITE) 4
PLOT NO.331,N-1, E-SECTOR, 4
CIDCO,AURANGABAD-431 003 4
--------------------------------------------------------------------- -- ------------------------- -- ----------------------------- 4
EAR ENDED 31.03.2008 4
---------------------------------------------------------------------
-- ------------------------- -- ----------------------------- 4
INCOME | AMOUNT | AMOUNT 4
---------------------------------------------------------------------
-- ------------------------- -- ----------------------------- 4
By Profit before Appropriation | | #VALUE! 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
| | 4
======================================= = ============== = ================ 4
 #VALUE! | TOTAL RS. | #VALUE! 4
======================================= = ============== = ================ 4
PLACE : AURANGABAD FOR
FOR OMICRON
OMICRON ENGINEERS
ENGINEERS 4
DATE : 19.08.2008

------------------------- -- -----------------------------
MR.M.R.AGRAWAL...PARTNER

********************************************************* ************************ *************************** ***

********************************************************** ** ********************* ** ************************ *****
======================================= = ============== = ================
S.M.SHERKAR & CO. M/S.OMICRO
CHARTERED ACCOUNTANTS
SHANGRILA SHOPPING COMPLEX SAI VILLA ,PLO
SAMARTHNAGAR,AURANGABAD
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
BALANCE SHEE
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
| LIABILITIES | AMOUNT |
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
| PARTNERS CAPITAL ACCOUNT : | |
19396068.82 | MR.R.C.AGRAWAL | 38483998.08 |
18697030.20 | MR.M.R.AGRAWAL | 36257763.48 |
| (As per Annexure "A") | ------------------------- |
| | |
| LOANS & BORROWINGS : | |
| a)SECURED LOANS : | |
| Saraswat Co.Op.Bank,Cidco,A'bad | |
139913875.17 | Cash Credit - A/C NO.83 | 199133348.52 |
198116.00 | ICICI Bank: Car Term Loan | 98302.93 |
432649.00 | ICICI Bank: Car Term Loan | 270458.00 |
519360.39 | UNION BANK INDIA,CIDCO A'bad | 201506.54 |
| b)UNSECURED LOANS | |
| From Friends & Relatives | |
12488002.00 | ( As per Annexure-"B") | 3060464.00 |
| | ------------------------- |
| CURRENT LIABILITIES & PROVISIONS | |
| Sundry Creditors & payable | |
34390405.31 | (As per Annexure "C") | 141474647.04 |
1200000.00 | S.Deposit(Shrikrishna Elect.) | 0.00 |
5349.00 | Providend fund payable | 25901.00 |
90004.00 | Salary & Wages payable | 116828.00 |
482322.00 | Income Tax collected at source | 1204607.00 |
645664.21 | Service Tax payable | 2930901.21 |
2930.00 | Professional Tax Payable | 3635.00 |
0| Vat Payable | 465198.13 |
0| TDS Payable to Bank | 384.00 |
0| Advance:UP Rajkiya Nirman Nigam | #VALUE! |
| | ------------------------- |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
| | |
------------------------- | | |
228461776.10 | | TOTAL RS : |
============== | ======================================= | ============== |
PLACE: AURANGABAD AS PER OUR REPORT OF EVEN DA
DATE : 19.08.2008 FOR S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS

---------------------------
S.M.SHERKAR.PROP.M.NO.34617

S.M.SHERKAR & CO. M/S.OMICRO

CHARTERED ACCOUNTANTS
SHANGRILA SHOPPING COMPLEX SAI VILLA ,PLO
SAMARTHNAGAR,AURANGABAD
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31.03.2008
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
PREVIOUS YEAR | EXPENDITURE | AMOUNT |
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
1032850 | To Opening stock | |
16630000 | To Work in progress | |
214049784.28 | To Material Purchases | |
65272862.28 | To Contract Expenses(R.A. Bills) | |
1029979 | To Freight,Cartage & Octroi | |
980364 | To Salary & Wages to Staff | |
| | |
#VALUE! | To Gross Profit | |
| | |
| | |
------------------------- | | |
#VALUE! | | TOTAL RS. |
============== | | |
51223.8 | To Postage & Telegramme | |
490633.5 | To Telephone & Mobiles | |
792982 | To Tender Fees | |
26133.38 | To Interest:Car loan | 93525.09 |
1230141 | :Unsecured loan | 931753 |
10886767 | :Bank Borrowing & L/c | 18532775.8 |
| | ------------------------- |
2112090.58 | To Bank,L.C & Guarantee Commission | |
916813.6 | To Travelling Expenses | |
331438.01 | To Printing and stationery | |
129136 | To Electricity & Water Charges | |
48557 | To Providend Fund | |
27500 | To Office & Godown Rent | |
211720 | To House Rent | |
 0 | To Karnataka Welfare Cess | |
69101 | To Advertisement Expenses | |
144893.5 | To Insurance & Workmens Insurance | |
423000 | To Professional charges | |
42873.6 | To Repair & Maintenance | |
779995.03 | To Vehicle running & maintenance | |
41634 | To Audit fees | |
3179408 | To Work Contract Tax | |
1333644.2 | To Service tax paid | |
382715.5 | To Fooding & Site Lunger Exps. | |
603049 | To Legal,Stamp Duty & Mortgage | |
248692.7 | To Office & Misc. expenses | |
26815 | To Professional Tax | |
50604 | To Workmens Compesation Expenses | |
0 | To Short Excess Recovery w/off | |
392022 | To Depreciation (As per Annexure) | |
#VALUE! | To Profit before Appropriation | |
============== = ======================================= = ============== =
#VALUE! | | TOTAL RS. |
============== = ======================================= = ============== =
PLACE: AURANGABAD AS PER OUR REPORT OF EVEN DA
DATE : 19.08.2008 FOR S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS

---------------------------
S.M.SHERKAR.PROP.M.NO.34617

S.M.SHERKAR & CO. M/S.OMICRO

CHARTERED ACCOUNTANTS
SHANGRILA SHOPPING COMPLEX SAI VILLA ,PLO
SAMARTHNAGAR,AURANGABAD
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
PROFIT & LOSS APPROPRIATION
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
PREVIOUS YEAR | EXPENDITURE | AMOUNT |
------------------------- -- --------------------------------------------------------------------- -- ------------------------- --
| To Interest on Capital @12% | |
1165511 | i) Mr.Manish R. Agrawal | 1895932 |
1217353 | ii) Mr.Ramaniranjan Agrawal | 2011850 |
| | ------------------------- |
| To Salary To Partners | |
600000 | i) Mr.Manish R. Agrawal | 600000 |
750000 | ii) Mr.Ramaniranjan Agrawal | 750000 |
| | ------------------------- |
| To Net Profit Trans.to Capital A/c | |
9404739.46 | i) Mr.Manish R. Agrawal | 21622169.75 |
9404739.47 | ii) Mr.Ramaniranjan Agrawal | 21622169.76 |
| | ------------------------- |
| | |
============== = ======================================= = ============== =
 22542342.93 | | TOTAL RS. |
============== = ======================================= = ============== =
PLACE: AURANGABAD AS PER OUR REPORT OF EVEN DA
DATE : 19.08.2008 FOR S.M.SHERKAR & CO.
CHARTERED ACCOUNTANTS

---------------------------
S.M.SHERKAR.PROP.M.NO.34617

********************* ************************************************************ ************************ ***

********************* ** ********************************************************** ** ********************* **
M/S.OMICRON ENGINEERS
(CONSOLIDATED)
PLOT NO.331,N-1, E-SECTOR,
CIDCO,AURANGABAD-431 003
AS ON 31.03.2008

ANNEXURE-A
PARTNERS CAPITAL ACCOUNT
------------------------
MR.R.C.AGRAWAL
--------------
BALANCE AS PER LAST B/S 19396068.82
ADD:AMOUNT BROUGHT :
1)I. T. REFUND 5830
2)SALARY TO PARTNER 750000
3)INTEREST ON CAPITAL 2011850
4)PROFIT FOR THE YEAR 21565709.26
-------------------------
43729458.08

LESS:WITHDRAWALS:
AMOUNT TRF. FROM FIRMS:
1)FIRM TAX 151076
2)TDS 576249.5
3)ADVANCE FBT 85600
4)SELF ASST. TAX 3539000
5)HOUSEHOLD & OTHER 949995
-------------------------

MR.MANISH R.AGRAWAL
--------------------
BALANCE AS PER LAST B/S 18697030.2
ADD:AMOUNT BROUGHT :
1)I. T. REFUND 5830
2)SALARY TO PARTNER 600000
3)INTEREST ON CAPITAL 1895932
4)PROFIT FOR THE YEAR 21565709.25
-------------------------
42764501.45
 LESS:WITHDRAWALS:
AMOUNT TRF. FROM FIRMS:
1)FIRM TAX 151076
2)TDS 576249.5
3)ADVANCE FBT 85600
4)SELF ASST. TAX 3561000
5)HOUSEHOLD & OTHER 2189272.97
-------------------------

-------------------------

========== ============== = ======================================= = ============== =

 M/S.OMICRON ENGINEERS
(CONSOLIDATED)
PLOT NO.331,N-1, E-SECTOR,
CIDCO,AURANGABAD-431 003
----------------------------- -- -- -- ------------------------- -- --------------------------------------------------------------- --
BALANCE SHEET AS ON 31.3.2008
----------------------------- -- -- -- ------------------------- -- --------------------------------------------------------------- --
AMOUNT | | | ASSETS |
----------------------------- -- -- -- ------------------------- -- --------------------------------------------------------------- --
| | | FIXED ASSETS : |
| | 3388607.00 | (As per Annexure "D") |
| | | INVESTMENTS : |
74741761.56 | | 15300 | Saraswat Co.Op.Bank:Shares |
| | 5500 | National Saving Certificate |
| | | |
| | | CURRENT ASSETS, LOANS & ADVANCES |
| | | INVENTORY: |
| | 37296700 | Work in progress |
| | 26778627 | Closing stock |
| | | ( As certified by the partners) |
| | | SUNDRY DEBTORS |
| | 92174282 | (As per Annexure "E") |
| | | SUNDRY DEPOSIT : |
| | 52782070.93 | (As per Annexure "F") |
202764079.99 | | | LOAN & ADVANCE TO OTHERS |
| | | Crs having Debit Balances |
| | 11004261.8 | (As per Annexure "G") |
| | 599694.69 | Vat Set off Claimable |
| | 151253 | Service Tax setoff claimable |
| | | Loan & Advance to others |
| | 914780.75 | (As per Annexure "H") |
| | 116500 | Prepaid Insurance |
| | 1152499 | Tax Deducted at source |
| | 0| Advance Tax |
| | 21200 | Advance Fringe Benefit Tax |
| | | CASH AND BANK BALANCES : |
| | 274220.27 | Cash on hand |
#VALUE! | | 220306.02 | HDFC BANK.A'bad |
| | 1565973.64 | ING Vysya Bank ltd.A'bad |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
| | | |
 ----------------------------- | | ------------------------- | |
#VALUE! | | 228461776.10 | #VALUE! |
================ | = | ============== | ==================================== |
UR REPORT OF EVEN DATE PLACE : AURANGABAD FOR OMICRON ENGIN
HERKAR & CO. DATE : 19.08.2008
ED ACCOUNTANTS

KAR.PROP.M.NO.34617

M/S.OMICRON ENGINEERS
(CONSOLIDATED)
PLOT NO.331,N-1, E-SECTOR,
CIDCO,AURANGABAD-431 003
----------------------------- -- -- -- ------------------------- -- --------------------------------------------------------------- --
YEAR ENDED 31.03.2008
----------------------------- -- -- -- ------------------------- -- --------------------------------------------------------------- --
AMOUNT | || PREVIOUS YEAR | INCOME |
----------------------------- -- -- -- ------------------------- -- --------------------------------------------------------------- --
26778627 | | | By Sales & R.A.Bills: |
37296700 | | 280255510.20 | Material Supply & Civil Work |
330432006.78 | | #VALUE! | (As per Annexure) |
167661376.48 | | 411470.18 | By Rate,Weight & Quality Diff. |
1269747.36 | | 37296700.00 | By Work in progress |
1898009 | | 26778627.00 | By Closing stock |
| | | |
#VALUE! | | | |
| | | |
| | | |
----------------------------- | | ------------------------- | |
#VALUE! | | #VALUE! | |
================ | | ============== | |
97071.6 | | #VALUE! | By Gross Profit |
589984.15 | | 981197.00 | By Interest recd. on FDR |
356414 | | 1600.00 | By Discount |
| | 772789.09 | By Vat Credit Setoff |
| | 0.00 | By Dividend |
| | 13872.42 | By Short & excess recovery w/off |
19558053.89 | | | By Interest from Loans |
2134463.03 | | | |
997938.9 | | | |
616434.25 | | | |
175539 | | | |
102363 | | | |
162800 | | | |
265667 | | | |
 1992986 | | | |
98265 | | | |
347196.31 | | | |
391160 | | | |
55532 | | | |
973041.27 | | | |
61826 | | | |
5450070.58 | | | |
5029983.34 | | | |
617047.31 | | | |
278745 | | | |
127978.25 | | | |
2500 | | | |
0| | | |
2697.11 | | | |
682051 | | | |
#VALUE! | | | |
================ = = = ============== = ==================================== =
#VALUE! | | #VALUE! | #VALUE! |
================ = = = ============== = ==================================== =
UR REPORT OF EVEN DATE PLACE : AURANGABAD FOR OMICRON ENGIN
HERKAR & CO. DATE : 19.08.2008
ED ACCOUNTANTS

KAR.PROP.M.NO.34617

M/S.OMICRON ENGINEERS
(CONSOLIDATED)
PLOT NO.331,N-1, E-SECTOR,
CIDCO,AURANGABAD-431 003
----------------------------- -- -- -- ------------------------- -- --------------------------------------------------------------- --
& LOSS APPROPRIATION ACCOUNT FOR THE YEAR ENDED 31.03.2008
----------------------------- -- -- -- ------------------------- -- --------------------------------------------------------------- --
AMOUNT | | PREVIOUS YEAR | INCOME |
----------------------------- -- -- -- ------------------------- -- --------------------------------------------------------------- --
| | #VALUE! | By Profit before Appropriation |
| | | |
| | | |
3907782 | | | |
| | | |
| | | |
| | | |
1350000 | | | |
| | | |
| | | |
| | | |
43244339.51 | | | |
| | | |
================ = = = ============== = ==================================== =
 48502121.51 | | #VALUE! | #VALUE! |
================ = = = ============== = ==================================== =
UR REPORT OF EVEN DATE PLACE : AURANGABAD FOR OMICRON ENGIN
HERKAR & CO. DATE : 19.08.2008
ED ACCOUNTANTS

KAR.PROP.M.NO.34617

************************ ****************************** ****************************************************** ***

************************ ** ** ** ********************* ** ***************************************************** **

38427537.58
 36201302.98

-----------------------------
74628840.56
================

-----------------------------

================
================ = = = ============== = ==================================== =
------------------------- -- -------------------------

------------------------- -- -------------------------
AMOUNT | AMOUNT
------------------------- -- -------------------------
|
| 4543594.00
|
15300 |
5500 |
------------------------- | 20800.00
|
|
69571500 |
11647124 |
|
|
121077492.02 |
|
175555493.93 |
|
|
3447213.12 |
1237901.85 |
0|
|
26594337 |
254272 |
3153790 |
7500000 |
165000 |
0|
256138.98 |
35526.44 |
1117759.59 |
------------------------- | 421613548.93
|
|
|
|
|
|
|
|
 | -------------------------
TOTAL RS. : | 426177942.93
============== | ==============
FOR OMICRON ENGINEERS

------------------------- -- -------------------------
MR.M.R.AGRAWAL...PARTNER

------------------------- -- -------------------------

------------------------- -- -------------------------
AMOUNT | AMOUNT
------------------------- -- -------------------------
|
| 569070132.75
|
| #VALUE!
69571500 |
11647124 |
------------------------- | 81218624.00
|
|
|
| -------------------------
TOTAL RS. : | #VALUE!
| ==============
| #VALUE!
| 1970498
| 8689.52
| 1237901.85
| 4500
| 0
| #VALUE!
|
|
|
|
|
|
|
 |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
============== = ==============
TOTAL RS. | #VALUE!
============== = ==============
FOR OMICRON ENGINEERS

------------------------- -- -------------------------
MR.M.R.AGRAWAL...PARTNER

------------------------- -- -------------------------

------------------------- -- -------------------------
AMOUNT | AMOUNT
------------------------- -- -------------------------
| #VALUE!
|
|
|
|
|
|
|
|
|
|
|
|
============== = ==============
 TOTAL RS. | #VALUE!
============== = ==============
FOR OMICRON ENGINEERS

------------------------- -- -------------------------
MR.M.R.AGRAWAL...PARTNER

********************* ************************ *************** *************** *************** *************** ***************

********************* ** ********************* *************** *************** *************** *************** ***************
============== = ==============
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