Grid Corporation of Orissa Limited
Regd.Office : Janpath, Bhubaneswar - 751 022
Balance Sheet as at March 31, 2006
			Rupees
		As at 31.03.2006	As at 31.03.2005
I. SOURCES OF FUNDS
1. Shareholders' Funds
Share Capital	4,329,814,000		4,929,814,000
Reserves and Surplus	-		5,064,696,620
		4,329,814,000	9,994,510,620
2. Loan Funds			-
Secured Loans		-	10,419,254,333
Unsecured Loans		30,907,933,961	41,035,747,684
			51,455,002,017
3. Other Funds
Consumers' Security Deposit			83,334
		35,237,747,961	61,449,595,971
II. APPLICATION OF FUNDS
1.Fixed Assets
Gross Block	-		17,632,938,595
Less Accumulated Depreciation	-		7,333,481,552
Net Block		-	10,299,457,043
Capital Work in Progress		-	9,552,280,358
2. Investments		9,664,841,801	11,480,817,277
3. Current Assets, Loans and Advances
Stores and Spares	-		600,172,746
Sundry Debtors	15,635,938,215		17,658,313,282
Cash and Bank Balances	594,460,592		1,194,543,188
Other Current Assets	4,294,389,765		5,770,237,604
Loans and Advances	7,692,796,702		4,476,708,261
	28,217,585,274		29,699,975,081
Less
Current Liabilities and Provisions
Current Liabilities	12,672,389,762		9,869,979,399
Provisions	-		-
	12,672,389,762		9,869,979,399
Net Current Assets		15,545,195,512	19,829,995,682
4. a. Miscellaneous Expenditure to the		4,481,174	5,601,467
extent not written off or adjusted
b. Profit  and Loss Account		10,023,229,474	10,281,444,145
		35,237,747,961	61,449,595,972