BALANCE SHEET AS AT MARCH 31, 2017 Lac Rs.

Figures as at the end of current Figures as at the end of previous

Particulars Note No. reporting period ending reporting period ending
31st March, 2017 31st March, 2016

I EQUITY AND LIABILITIES

(1) Shareholders' Funds

(a) Share Capital 2 11,441.68 11,441.68
(b) Reserve & Surplus 3 (5,305.17) 6,136.51 (2,378.11) 9,063.57

(2) Non-Current Liabilities

(a) Long Term Borrowings 4 20,265.95 20,265.95 21,612.47 21,612.47

(3) Current Liabilities

(a) Short Term Borrowings 5 1,338.14 825.56
(b) Trade Payable 6 541.77 346.86
(c ) Other Current Liabilities 7 1,396.32 814.18
(d) Short Term Provisions 8 - 3,276.23 - 1,986.60
TOTAL 29,678.69 32,662.64
II ASSETS
Non Current Assets
(1) (a) Fixed Assets
(i) Tangible Assets 9 26,984.89 28,059.09
(ii) Capital Work in Progress 10 - -
26,984.89 28,059.09
(b) Non-current Investments 11 0.24 0.25
(c ) Long Term Loans & Advances 12 162.00 27,147.13 769.01 28,828.35

(2) Current Assets

(a) Inventories 13 382.81 393.28
(b) Trade Receivables 14 163.10 125.34
(c ) Cash & Cash equivalents 15 152.20 145.97
(d) Short Term Loans & Advances 16 90.20 125.76
(e) Other Current Assets 17 - 788.31 - 790.35

(3) Foreign Currency Translation Reserve 1,743.25 3,043.94

TOTAL 29,678.69 32,662.64

Notes forming integral part of the financial statements no 1 to 25

As per our report of even date attached For and on behalf of the Board of Directors

for L. N. Malik & Co L.K. MALHOTRA

Chartered Accountants Chief Executive Officer
Reg. No. 015992N

(L.N. Malik) GAGAN MALHOTRA

Partner Deputy Chief Executive Officer
Membership No. 10423

Place: New Delhi N.K. GOEL

Date : 26th May, 2017 Chief Financial Officer

66
 CHL INTERNATIONAL
CHL LIMITED
STATEMENT OF PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2017 Lac Rs.

Figures as at the end of current Figures as at the end of previous

Particulars Note No. reporting period ending reporting period ending
31st March, 2017 31st March, 2016
I Revenue from Operations 18 2,011.85 1,529.50

II Other Income 19 16.69 6.74

III Total Revenue 2,028.54 1,536.24

IV Expenses
a) Cost of Material Consumed 20 194,98 138.97

b) Employee benefit expense 21 1,071.94 736.74

c) Finance Cost 22 1,225.98 943.23

d) Operational Expenses 23 1,068.50 962.30

e) Depreciation and amortisation expense 1,527.39 1,206.47

Total Expenses 5,088.79 3,987.71

V Profit before Exceptional and extraordinary (3,060.25) (2,451.47)

items and tax (III - IV)

VI Exceptional items/ Extraordinary items - -

VII Profit before Tax (V - VI) (3,060.25) (2,451.47)

VIII Tax Expenses - -

IX Profit (Loss) for the period (VII - VIII) (3,060.25) (2,451.47)

X Earnings Per Share - -

Basic/Diluted earnings per share - -
Face value per share

Notes forming part of the financial statements no 1-25

As per our report of even date attached For and on behalf of the Board of Directors

for L. N. Malik & Co L.K. MALHOTRA

Chartered Accountants Chief Executive Officer
Reg. No. 015992N

(L.N. Malik) GAGAN MALHOTRA

Partner Deputy Chief Executive Officer
Membership No. 10423

Place: New Delhi N.K. GOEL

Date : 26th May, 2017 Chief Financial Officer

67
Cash Flow Statement for the year ended Lac Rs.
2016-2017 2015-2016
Rs.In lacs Rs.In lacs
A) Cash Flow From Operating Activities
Profit before tax & extraordinary items (3,060.25) (2,451.47)
Adjustments for
Extraordinary items 133.19 (2.88)
Depreciation 1,527.39 1,206.47
Loss on sale of Asset - -
Foreign exchange fluctuation 1,451.74 (3,078.01)
Interest Expenditure 1,225.98 943.23
Interest Income (16.69) (3.34)
Operating profit before working capital change 1,261.36 (3,386.00)
(Increase) Decrease in Inventories 10.47 312.33
(Increase) Decrease in Trade Receiveables (37.76) (100.67)
Increase (Decrease) in Trade Payables & Provisions 777.05 133.60
(Increase) Decrease in Loans & Advances 642.57 254.68
Cash generated from Operations 2,653.69 (2,786.06)
Tax Refundable (151.05) 188.46
Net Cash from Operating Activities (A) 2,502.64 (2,597.60)

B) Cash Flow from Investing Activities

Purchase of Fixed Assets/CWIP (453.19) -
Adjustement of CWIP - -
Sale of Fixed Asset - -
Capital employed - -
Interest Income 16.69 3.34
Purchase / Refund of Investment/ deposits 0.01 0.07
Net Cash used in Investing Activities (B) (436.49) 3.41

C) Cash Flow from Financing Activities

Term Loan Raised & Shorrt term borrowings (833.94) 2,848.36
Increase in Share Capital - 145.98
Interest Paid (1,225.98) (943.23)
Net Cash From Financing Activities (C) (2,059.92) 2,051.11
Net increase/ decrease in cash and cash equivalents (A+B+C) 6.23 (543.08)
Cash & Cash Equivalent (Opening Balance) 145.97 689.05
Cash & Cash Equivalent (Closing Balance) 152.20 145.97

Note :

1. The above cash flow statement has been prepared under indirect method as set out in Accounting Standard (AS-3) and
is based on the Balance Sheet as at 31st March 2017 and the related Profit & Loss Account for the year ended on that date.

2. Previous year figures has been regrouped and rearranged wherever necessary in order to confirm to this year’s presentation.

As per our report of even date attached For and on behalf of the Board of Directors

for L. N. Malik & Co L.K. MALHOTRA

Chartered Accountants Chief Executive Officer
Reg. No. 015992N

(L.N. Malik) GAGAN MALHOTRA

Partner Deputy Chief Executive Officer
Membership No. 10423

Place: New Delhi N.K. GOEL

Date : 26th May, 2017 Chief Financial Officer

68