Financial Statements of the National Water Supply & Drainage Board for the Period Ended 31st December 2009 |
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| 1. Income Statement |
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| 2. Balance Sheet |
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| 3. Cash Flow Statement |
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| 1. Income Statement |
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| For the year Ended |
Revised Budget
2009 Rs. |
Actual 2009 Rs. |
Actual 2008 (Rs.) |
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| Sales of Water |
10,148,188,000 |
9,669,975,867 |
6,743,217,327 |
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| Less: Direct Operating Expenses |
(6,350,575,806) |
(6,321,949,712) |
(6,088,841,694) |
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| Operating Profit on Sale of Water |
3,797,612,194 |
3,348,026,155 |
654,375,633 |
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| Other Operating Income |
1,894,673,000 |
1,397,317,115 |
1,391,118,020 |
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| Administration Overheads |
(2,071,606,194) |
(2,062,268,144) |
(1,895,309,365) |
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| Depreciation |
(1,395,188,000) |
(1,409,852,073) |
(1,397,510,699) |
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| Other Operating Expenses |
__(327,964,000) |
_(1,089,308,312) |
__(468,138,615) |
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| Profit/(Loss) from Operating Activities |
(1,897,527,000) |
183,914,742 |
(1,715,465,025) |
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| Finance cost |
(1,229,000,000) |
(1,568,941,934) |
(1,192,769,345) |
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| Non-Operating Income |
___100,000,000 |
____48,782,302 |
___59,918,167 |
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| Profit/(Loss) from Ordinary Activities before Tax |
768,527,000 |
(1,336,244,891) |
(2,848,316,204) |
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| Taxation |
(159,481,000) |
(89,009,061) |
(66,609,224) |
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| Net Profit/ (Loss) for the year |
609,046,000
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(1,425,253,952) |
(2,914,925,428) |
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| Back to Top |
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| As at 31st December |
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2009 (Rs.) |
2008(Rs.) |
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| ASSETS |
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| Non-Current Assets |
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| Property, Plant & Equipment Net - At cost |
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63,086,406,877 |
55,197,086,364 |
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| Capital Work in Progress |
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72,814,706,861 |
60,344,145,322 |
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| Investments |
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____76,886,680 |
___90,861,180 |
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135,978,000,418 |
115,632,092,867 |
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| Current Assets |
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| Non Operating Assets |
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158,650,039 |
190,886,620 |
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| Inventories |
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3,305,965,042 |
3,081,287,559 |
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| Trade & Other Receivables |
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4,300,728,729 |
5,250,015,335 |
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| Deposits & Advances |
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4,765,970,605 |
5,422,015,734 |
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| Investments |
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303,704,405 |
423,129,076 |
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| Cash & Cash Equivalents |
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__624,867,296 |
__822,671,654 |
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13,459,886,117 |
15,190,005,979 |
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| Total Assets |
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149,437,886,535 |
130,822,098,845 |
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| EQUITY AND LIABILITIES |
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| Capital and Reserves |
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| Assets taken over from Government Dept. |
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185,480,387 |
185,480,387 |
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| Equity Capital |
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58,445,824,673 |
54,560,196,683 |
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| Capital Grants |
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67,189,901,163 |
56,142,135,415 |
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| Capital Recovery Fund |
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2,150,618,551 |
1,818,551,821 |
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| Staff Welfare Fund |
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13,116,170 |
14,696,841 |
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| Revaluation Reserve |
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309,763,136 |
309,763,136 |
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| Accumulated Profit/ (Loss) |
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_(9,560,236,671) |
(7,804,496,661) |
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118,734,467,409 |
105,226,327,623 |
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| Non-Current Liabilities |
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| Loan Payable |
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20,136,678,223 |
18,113,326,220 |
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| Other Deferred Liabilities |
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_3,187,709,705 |
_2,167,292,016 |
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23,324,387,929 |
20,280,618,236 |
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| Current Liabilities |
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| Creditors |
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2,173,439,944 |
1,347,166,755 |
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| Loan Capital Payable |
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2,255,632,239 |
1,410,624,834 |
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| Loan Interest Payable |
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1,895,510,466 |
1,456,959,311 |
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| Non Operating Liabilities |
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115,455,778 |
115,455,778 |
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| Other Payables |
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__938,992,770 |
__984,946,308 |
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_7,379,031,197 |
_5,315,152,986 |
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| Total Equity and Liabilities |
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149,437,886,535 |
130,822,098,845 |
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| Back to Top |
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| For the year ended |
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2009 (Rs.) |
2008 (Rs.) |
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| Cash Flows from/(used) in Operating Activities |
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| Net Profit/(Loss) before Tax |
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(1,336,244,891) |
(2,848,316,204) |
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| Adjustments for |
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| Interest Income |
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(48,782,302) |
(59,918,167) |
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| Profit/ Loss on Disposals Assets |
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(12,696,209) |
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| Depreciation |
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1,409,852,073 |
1,397,510,699 |
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| Retiring gratuity provision |
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1,012,860,343 |
391,458,675 |
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| Interest Expense |
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1,568,941,934 |
1,192,769,345 |
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| Operating Profit before Working Capital Changes |
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_2,593,930,949 |
__73,504,349 |
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| (Increase)/ Decrease in Inventories |
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(224,677,483) |
(478,836,442) |
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| (Increase)/ Decrease in Debtors, Receivables & Deposits |
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1,637,695,135 |
(1,705,425,607) |
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| Increase/ (Decrease) in Creditors & Provisions |
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_907,386,833 |
_1,876,256,182 |
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| Cash Generated from Operations |
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4,914,335,433 |
(234,501,518) |
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| Tax Paid |
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(89,009,061) |
(51,609,224) |
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| Disallowed VAT paid to Inland Revenue |
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(1,197,517,236) |
(2,747,811,438) |
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| Gratuity Paid |
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_(121,242,157) |
_(80,977,252) |
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| Net Cash from Operating Activities |
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3,506,566,978 |
(3,114,899,432) |
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| Cash Flows from/(used in) Investing Activities |
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| Investments in Fixed Assets |
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(21,768,367,550) |
(17,838,136,993) |
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| Sale proceeds for disposal assets |
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13,489,207 |
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| Investment Income |
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48,655,482 |
59,331,418 |
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| (Investment)/ Withdrawal of Investments |
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___133,399,170 |
___451,885,483 |
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| Net Cash Flows used in Investing Activities |
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(21,572,823,691) |
(17,326,920,092) |
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| Cash Flow from/ (used in) Financing Activities |
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Equity Capital during the Period |
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Net - |
3,885,627,990 |
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1,197,517,236 |
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set off against F/ Assets - |
_____663,936 |
5,083,809,162 |
8,994,095,489 |
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| Foreign Grant during the period |
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Net - |
11,047,765,748 |
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Set off against F/ Assets - |
__472,331,634 |
11,520,097,382 |
10,072,441,776 |
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| New Loans |
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2,885,522,745 |
2,651,188,553 |
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| Loan Repayments |
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(17,163,337) |
(351,435,854) |
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| Loan Interest Paid |
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(1,603,813,597) |
_(585,925,992) |
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17,868,452,354 |
20,780,363,972 |
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| Net Increase in Cash & Cash Equivalents |
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(197,804,358) |
338,544,448 |
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| Cash & Cash Equivalent at the beginning of the year |
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822,671,654 |
484,127,206 |
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| Cash & Cash Equivalent at the end of the period |
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624,867,296 |
822,671,654 |
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| Back to Top |
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| ::: Updated on 2010.09.08 ::: |
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© 2011 National Water Supply and Drainage Board. All rights reserved. |
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Financial Statements