Statement 1
Madhya Pradesh Power Generating Company Limited
Fifth Annual Report 2006-07 Amount in Rs.
Profit and Loss Account for the year ended March 31, 2007
Amount in Rs.
Sl.No. Particulars Schedule No. 2006-07 2005-06 Previous Year 2004-05
I INCOME        
1 Revenue from Sale of Power 15 2311 13 38 465 1718 21 20 991          -  
2 Other Income 16 26 93 70 266 21 71 84 827          -  
  TOTAL   2338 07 08 731 1739 93 05 818              -  
II EXPENDITURE        
3 Cost of Generation 17 1645 28 47 708 1224 32 99 915          -     
4 Repairs and Maintenance 18 130 96 54 162 107 28 08 895          -     
5 Employees Costs 19 176 29 48 536 95 93 93 646          -     
6 Administration and General Expenses 20 30 70 22 639 19 25 17 429          -     
7 Other Expenses 21  11 27 482  4 24 119            -     
8 Depreciation  22 203 97 91 370 175 87 55 748            -     
9 Interest and other Bank Charges 23 181 44 18 081 106 01 63 971            -     
  TOTAL   2368 78 09 978 1728 73 63 722            -  
III Profit before Tax and Prior Period Adjustments   -30 71 01 247 11 19 42 096            -   ######
  Prior Period Expenditure 24 2 44 81 018                                                          -    
  PROFIT BEFORE TAX     -33 15 82 265 11 19 42 096  
  Provision for Taxation         #REF! ######
11  - Current  Tax    29 81 969 6 54 14 108     ######
12  - Deferred Tax   -8 08 24 098 -1 63 62 608    
13  - Fringe Benefit Tax    44 70 400  26 31 562     160543424
  Less :           
  Deferred Tax Payable   9 71 86 707                                              -      
IV NET PROFIT AFTER TAXATION   -35 53 97 242 6 02 59 035   #REF!
V APPROPRIATIONS                                                     -                                                -      
14 Balance Carried to Balance Sheet   -35 53 97 242 6 02 59 035   #REF!
Earning Per Share - Basic  -   2.19                                                     0.57
                        - Diluted -   2.01                                                     0.54
(Equity shares, equity shares Rs 100/- each)       
For and on behalf of the Board of Directors
D.N.Prasad A.M.Sajnani (S.K. Das)
Chairman & Managing Director Executive Director (Finance) Company Secretary
S.K. Das Sandeep Modi (Sandeep Modi)
Director Company Secretary Joint Director (F&A) Dy. Director (Fin.)
As per our report of even date attached
For O.P. Totla & Co.
Chartered Accountants
S.R. Totla
Partner
Mem. No. 71774
Bhopal
Date :
Note:-
MPPGCL is having some plants which are having share of other states as well. Two hydro stations are located in Rajsthan in which MPPGCL also have a share. One new palnt  Manikhera has also become operational which is not included in the scope of this petition. In Balance Sheet, for these plants, assets and expenses are considered for the share of MPPGCL. In the tariff order issued by Hon'ble Commission, it has considered 100% share of the plants which are operated by MPPGCL only. Thus there appear differences in Order and Balance sheet figures. The true up is requested for the Tariff order. However to provide cross check of accuracy, matching figures with audited balance sheet are provided in forms and thereafter the calculations for making these figures equivalent to that of tariff order has been elaborated in details in respective section.
The Commission has desired the above statement based on Audited Balance sheet and hence reproduced above.