CHENNAI METROPOLITAN WATER SUPPLY AND SEWERAGE BOARD

             
               BALANCE SHEET AS ON 31/03/2004
PARTICULARS CURRENT YEAR                                                       Rs. PREVIOUS YEAR                                                       Rs.
LIABILITIES
CONTRIBUTIONS
         4,29,56,46,059
   3,06,51,92,904
GRANTS FROM GOVERNMENT
         4,20,77,23,605
   3,51,25,23,605
LONG TERM BORROWINGS
         13,76,34,12,992
   9,03,70,43,584
DEFERRED CREDITS & DEPOSITS
         2,31,42,84,035
   1,70,13,93,572
CURRENT LIABILITIES
         4,86,94,19,427
   4,04,30,98,014
ACCUMULATED SURPLUS
         1,67,39,15,107
   1,65,48,44,637
TOTAL
       31,12,44,01,225
 23,01,40,96,316
ASSETS

FIXED ASSETS
       25,92,37,96,703
 18,58,46,29,218
CURRENT ASSETS,LOANS,ADVANCES & DEPOSITS
         5,20,06,04,522
   4,42,94,67,098
TOTAL
       31,12,44,01,225
 23,01,40,96,316
           On behalf of the Board           
                              As per our Report

                                For and on behalf of

                               M/s.M.Thomas & Co.,

                                Chartered Accountants
S.Ranganathan                V.Thangavelu, IAS,

       R.Aravazhi
Engineering Director           Managing Director          
        Partner
 
   INCOME AND EXPENDITURE FOR THE YEAR  ENDED 31/03/2004 



PARTICULARS         CURRENT YEAR                                                                        Rs.    PREVIOUS YEAR                                                        Rs.
INCOME
SALE OF WATER 1,69,34,24,276 1,46,67,74,640
GRANTS AND SUBSIDIES
   -DEVOLUTION OF FUNDS

9,07,22,684
 
10,44,62,941
   -DROUGHT 92,00,00,000 5,00,00,000
WATER TAX AND SEWERAGE TAX 57,60,46,303 57,55,25,008
OTHER INCOME 23,37,11,254 29,18,97,327
PROVISION FOR DOUBTFUL DEBTS -
    - WATER CHARGES METERED
    - TAXES
6,93,538

1,31,89,174
 
TOTAL 3,51,45,98,055 2,50,18,49,090
EXPENDITURE    
OPERATING & MAINTENANCE EXPENDITURE 44,85,55,995 48,70,64,645
PAYMENTS & PROVISION TO EMPLOYEES 50,50,37,088 53,47,24,356
OFFICE AND ADMINISTRATIVE EXPENSES 2,95,85,265 2,86,56,748
PRIOR PERIOD ADJUSTMENT 27,151 3,55,42,183
WATER LORRY HIRE CHARGES 9,69,07,500 9,26,55,200
DROUGHT EXPENDITURE 1,08,39,33,455 8,01,63,153
DEPRECIATION 53,36,93,697 48,73,54,044
INTEREST ON LOANS 78,43,58,723 66,84,56,260
PROVISION FOR DOUBTFUL DEBTS    
      - WATER CHARGES UNMETERED 1,15,84,913 10,11,921
      - WATER CHARGES METERED
1,03,72,466
      - TAXES
 18,43,798
             
EXCESS OF INCOME OVER EXPENDITURE 1,90,70,470 7,58,48,114
TOTAL  3,51,45,98,055 2,50,18,49,090
                   On behalf of the Board                             As per the report of even date
                                For and on behalf of
                                M/s M.Thomas & Co.,  
                               Chartered Accountants
S.Ranganathan               V.Thangavelu,IAS
Engineering Director        Managing Director       
                               
                                R.Aravazhi
                                   Partner