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Gujarat State Seeds Corporation
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SUMMARIZED PROFIT & LOSS ACCOUNT

GUJARAT STATE SEEDS CORPORATION LTD. GANDHINAGAR SUMMARIZED PROFIT & LOSS ACCOUNT.


ParticularAs on 31-3-2007As on 31-3-2008As on 31-3-2009As on 31-3-2010As on 31-3-2011
(A) INCOME
(1) Sale5883.379196.0510405.528506.1713922.65
(2) Other Income516.45398.00339.54864.18684.77
Total :-6399.829594.0510745.069370.3514607.42
(B) EXPENDITURE VARIETABLE COST
(1) Purchase5046.337190.957650.766599.1610795.88
(2) Trading & Processing Expenditures. 379.78398.31519.48487.06515.92
(3) Interest0.000.000.000.000.00
(4)Decrease/Increase in Stock-489.85-318.65345.5810.96213.56
Total :- 4936.267270.618515.827097.1811098.24
CONTRIBUTION1463.562323.442229.242273.170.00
(C) FIXED DIPOSITE
(1) Payment to & Provision for employees 508.50614.71865.29854.031430.23
(2) Adm. & Selling Exps 193.35221.74316.84219.22298.32
(3) Commission 0.000.000.000.000.00
(4) Depreciation 19.4322.9020.5223.5626.81
(5) Provision for doubtful debt. & adv. 4.780.730.020.000.00
Total726.06860.081202.671096.8112853.60
PROFIT & LOSS FOR THE YEAR737.481475.411713.941173.751753.82
Add /less : Prior Period Adjuct0.080.713.770.513.25
PROFIT & LOSS BEFOUR TAX737.481463.351717.711174.271757.08
Add /less : income tax 0.000.000.000.000.00
refund / short provision of IT of earlier Year0.000.000.000.000.00
Total:737.481463.351717.711174.271757.08
Less : taxation Provision261.30522.98603.37340.00585.00
Add : Deferred Tax0.906.3117.6640.7115.66
PROFIT & LOSS AFTER TAX485.18958.751128.23874.471187.73
Less : Proposed Dividand38.8939.9734.6335.3155.60
Tax on Dividand5.456.795.885.869.24
NET PROFIT/LOSS440.89911.981087.70833.291122.89

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