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TABLE OF CONTENTS

Page No.Audit Report & Certificate (i) to (xii)Consolidated Receipt & Payment Account 2 to 9Consolidated Income & Expenditure Account 10Consolidated Balance Sheet 11Significant Accounting Policies and Notes on Accounts 12 to 14Schedules of Balance Sheet 16 to 34Schdules of Income & Expenditure Account 35 to 41Tea Board Tea Fund Non PlanReceipt & Payment Account 44 to 57Enclosure to Receipt & Payment A/c 58 to 59Income & Expenditure Account 60 to 61Enclosure to Income & Expenditure A/c 62 to 64Balance Sheet 66 to 67Schedules 68 to 79General Provident FundReceipt & Payment Account 82 to 83Income & Expenditure Account 84 to 85Balance Sheet 86 to 87Schedules 88 to 90New Pension SchemeReceipt & Payment Account 92 to 93Income & Expenditure Account 94 to 95Balance Sheet 96 to 97Schedule 98Loan Corpus FundPanoramic view of Loan Schemes 101Receipt & Payment Account 102 to 103Income & Expenditure Account 104 to 105Balance Sheet 106 to 111Subsidy SchemesPanoramic view of Subsidy Scheme 114 to 115Tea Plantation Development Subsidy SchemeReceipt & Payment Account 116 to 117Income & Expenditure Account 118 to 119Balance Sheet 120 to 121Scheduled Caste Sub Plan SchemeReceipt & Payment Account 122 to 123Income & Expenditure Account 124 to 125Balance Sheet 126 to 127Quality Upgradation & Product DiversificationReceipt & Payment Account 128 to 129Income & Expenditure Account 130 to 131Balance Sheet 132 to 133Annexure 134

Page No.Human Resource Dev. Scheme

Receipt & Payment Account 136 to 137

Income & Expenditure Account 138 to 139

Balance Sheet 140 to 141

Market Promotion SchemeReceipt & Payment Account 142 to 145


Enclosure to Income & Expenditure A/c 148


Schedule 152 to 153

Special Purpose Tea FundReceipt & Payment Account 154 to 157



Schedule 162 to 163

Orthodox Tea Production Subsidy SchemeReceipt & Payment Account 164 to 165



Market Access Initiative SchemeReceipt & Payment Account 170 to 171



Research & Development SchemeReceipt & Payment Account 178 to 179


Enclosure to Income & Expenditure A/c 182


Schedule 186 to 187

Special Grant (AED) ResearchReceipt & Payment Account 188 to 189



Research & Development TRA CenteneryReceipt & Payment Account 194 to 195



Research & Development ASIDE SchemeReceipt & Payment Account 200 to 201


Balance Sheet 204

INDIAN AUDIT AND ACCOUNTS DEPARTMENTOFFICE OF THE PRINCIPAL DIRECTOR OF COMMERCIAL

AUDIT & EX-OFFICIO MEMBER AUDIT BOARD-IIKOLKATA

No.316/PDCA/LA-H/AB/TB/Accounts/2011-12 Dated: 31.10.2012

ToThe Chairman,Tea Board,14,B.T.M.Sarani,Kolkata-700 001

Sub: Audit Report on the Accounts of Tea Board,Kolkata for the year 2011-12.

Sir,

I am directed to forward the certification of Audit Report of Tea Board, Kolkata for the year 2011-12. Priorto putting up before both the houses of Parliament, the Annual Accounts for the year 2011-12 may be adoptedby Tea Board. Three copies of each paper which is to be put up in Parliament may be sent to this office andtwo copies of each paper may be forwarded to the Comptroller and Auditor General of India. The date (s) ofputting up the papers before the houses of the Parliament may also be notified to this office.

You are requested to get the Audit Report translated into Hindi from your office and send the hard copyand soft copy to us so that we could forward the same.

Yours faithfully,

Sd/-(P. K. Naskar)

Dy. Director

(i)

Separate Audit Report of the Comptroller and Auditor General of India on theAccounts of Tea Board, Kolkata for the year ended 31 March 2012

We have audited the attached Balance Sheet of Tea Board, Kolkata as at 31 March 2012 and the Income& Expenditure Account/Receipts & Payment Account for the year ended on that date under Section 20(1) of theComptroller & Auditor General's (Duties, Powers & Conditions of Service) Act, 1971 read with Section 25(1) ofthe Tea Act, 1953.The audit has been entrusted for the period up to 2011-12. These financial statements includethe accounts of two Zonal offices, 14 Regional offices and three Foreign offices. These financial statements arethe responsibility of the Tea Board's management. Our responsibility is to express an opinion on these financialstatements based on our audit.

2. This separate Audit Report contains the comments of the Comptroller & Auditor General of India (CAG)on the accounting treatment only with regard to classification, conformity with the best accounting practices,accounting standards and disclosure norms, etc. Audit observations on financial transactions with regard tocompliance with the Law, Rules & regulations (Propriety and Regularity) and efficiency-cum-performance aspects,etc., if any are reported through Inspection Reports/CAG's Audit Reports separately.

3. We have conducted our audit in accordance with auditing standards generally accepted in India. Thesestandards require that we plan and perform the audit to obtain reasonable assurance about whether the financialstatements are free from material misstatements. An audit includes examining, on a test basis, evidencessupporting the amounts and disclosure in the financial statements. An audit also includes assessing theaccounting principles used and significant estimates made by management, as well as evaluating the overallpresentation of financial statements. We believe that our audit provides a reasonable basis for our opinion.

4. Based on our audit, we report that:

(i) We have obtained all the information and explanations, which to the best of our knowledge and beliefwere necessary for the purpose of our audit;

(ii) The Balance Sheet and Income & Expenditure Account/Receipt & Payment Account dealt with bythis report have been drawn up in the format approved by the Government of India, Ministry ofFinance under Section 25(1) of the Tea Act, 1953.

(iii) In our opinion, proper books of accounts and other relevant records have been maintained by theTea Board, Kolkata as required under Section 25(1) of the Tea Act, 1953 in so far as it appearsfrom our examination of such books.

(ii)

(A) Balance Sheet

(1) Non compliance of instructions containedin the Uniform Format of Accounts

(a) Provision for gratuity was not made during2011-12. Thus provision of Gratuity liability is not inconformity with Uniform Format of Accounts ofCentral Autonomous Bodies.

(b) As per Common Format of Accounts "Excessof Income over Expenditure" or "Excess of Expenditureover Income" should be added/deducted to theCorpus/Capital Fund in the Balance Sheet. However,the said provision has not been followed by TeaBoard while preparing the accounts of Tea Board forthe year 2011-12, though the same was pointed outby audit during 2010-11.

It was further noted that, in the Consolidated Income& Expenditure Account "Excess of Expenditure overIncome" pertaining to TBTF of 134.17 lakh wasadjusted to the "Reserve and Surplus". However, the"Excess of Income over Expenditure" of 1926.61lakh [ 1086.16 lakh (for Loan A/c)+ 840.45 lakh(for SPTF)] was adjusted to the "Earmarked/Endowment Funds". Thus different treatment forsimilar type of transactions has been followed by TeaBoard during 2011-12.

(2) Assets understated

(a) The total expenditure incurred by Tea Board(to develop E-Auction application system) on accountof hardware and software stood at 1317.35 lakh( 682.02 lakh + 635.33 lakh) as on 31 March 2012.Out of this, 211.78 lakh was paid during 2011-12and charged to Income & Expenditure Account of thefinancial year 2011-12, treating the same as revenueexpenditure. The balance portion which was paidearlier to 2011-12 was charged to Income &Expenditure Account of previous years. This hasresulted in understatement of gross block of Assetsby 1317.55 lakh (including 211.78 lakh for thecurrent financial year 2011-12) as at 31 March 2012

Comments of the Board

(1) (a) Provision for Gratuity on accrual based onactuarial valuation would be taken care of.

(b) These funds have been created as Earmarkedfunds and generate surplus as part of the Schemes.Thus, excess of income over expenditure has beendisclosed under Schedule-3.

(2) (a) The observation of audit has been noted.There are two components viz. Capital purchase andmaintenance of assets. The same would be reviewedand after segregation of capital expenditure andrevenue expenditure the necessary adjustment wouldbe made in the Market Promotion Scheme.

(iv) We further report that :

(iii)

(b) to (d) The observations of audit under theseparagraphs have been noted and necessaryrectification would be done in the Research &Development Accounts during the year 2012-13.

(e) The observation of audit has been noted. Afterreceipt of the details of purchase of capital items byDTR &DC the necessary rectification would be donein the accounts of R&D during the next financial year.

with corresponding understatement of excess ofIncome over Expenditure by the same amount.

(b) For establishing Quality Control Laboratory andTraining Centre at DTR&DC, Kurseong, Darjeeling,Tea Board obtained a lease of land for 35 years fromSiliguri Jalpaiguri Development Authority (SJDA) bymaking a payment of 15.66 lakh. The entire amountof payment was charged to the Income and ExpenditureAccount. This has resulted in understatement of grossblock of Assets (leasehold land) by 15.66 lakh asat 31 March 2012 with corresponding overstatement ofexcess of Expenditure over Income by the sameamount.

(c) An amount of 131.75 lakh was paid to CPWDfor construction of staff quarters. Though the paymentwas of non-recurring expenditure, the same was nottreated as capital expenditure and was charged to theIncome and Expenditure Account. This has resultedunderstatement of gross block of Assets withcorresponding overstatement of excess of Expenditureover Income by 131.75 lakh in the R&D Account asat 31 March, 2012.

(d) Tea Board disbursed (out of non recurring grant) 50.00 lakh on 26 March 2010 and 250.00 lakh on

1 March 2011, totalling 300.00 lakh to CPWD,Gangtok as advance payment for establishing QualityControl Laboratory and Training Centre. The samewas not considered as capital expenditure and was notshown in the Asset side (Advance to CPWD) of theBalance Sheet. The entire amount of advance paymentwas charged to the Income and Expenditure Accountof the respective years. The above has resulted inunderstatement of Assets and understatement ofLiabilities by 300.00 lakh as at 31 March 2012.

(e) An amount of 9.41 lakh was sanctioned forpurchase of Equipments/Machineries for DTRDC,Kurseong. The entire amount of advance payment wascharged to the Income and Expenditure Account. Thishas resulted in understatement of Assets (Advance toDTRDC) with corresponding overstatement of excessof Expenditure over Income by 9.41 lakh.

(iv)

(f) to (h) The observations of audit under theseparagraphs have been noted and necessaryrectification would be done in the Research &Development Accounts during the year 2012-13.

(i) The observation of audit has been noted.Necessary adjustment would be made in R&Daccount during the next financial year.

(f) An amount 20.25 lakh spent for theconstruction of rain water harvesting for the residentialquarters at Kurseong during 2009-10, was routedthrough Income and Expenditure Account. The abovehas resulted in understatement of Asset by 20.25lakh as at 31 March 2012 with correspondingoverstatement of excess of Expenditure over Incomeby the same amount.

(g) For construction of residential buildings atDTR&DC, Kurseong, Tea Board made an advancepayment of 128 lakh to CPWD on 30 March 2012.Though the payment made was of non-recurringnature, the same was not treated as capital expenditurebut charged to the Income and Expenditure of theScheme for the year 2011-12. This has resulted inunderstatement of Assets (Advance to CPWD) withcorresponding overstatement of excess of Expenditureover Income by 128 lakh as at 31 March, 2012.

(h) Tea Board issued 3 cheques to ExecutiveEngineer, Madhapur Central Division, CPWD,Executive Engineer Tripura Central Division-I, CPWD,and Executive Engineer, Tejpur Central Division,CPWD for 227 lakh, 207 lakh and 204 lakhrespectively, totalling `638 lakh on 30 March 2012 forconstruction of office-cum-residential buildings. Theentire amount was charged to the Income andExpenditure Account. This has resulted inunderstatement of Assets (advance to CPWD) withcorresponding overstatement of excess of Expenditureover Income by 638 lakh as at 31 March, 2012.

(i) Tea Board purchased land worth 2.75 lakh forconstruction of staff quarters at Kurseong and office-cum-residential buildings at Tejpur in Assam. Theentire expenditure of 2.75 lakh was charged toIncome and Expenditure Account of the respectiveyear of acquisitions. The above has resulted inunderstatement of Assets by 2.75 lakh withcorresponding overstatement of Expenditure overIncome by the same amount as at 31 March 2012.

(v)

(j) The observation of audit has been noted. Thecalculation of accrued interest on Fixed Depositunder Loan Corpus Fund would be obtained from theBanks and necessary accounting treatment would bemade from the next financial year.

(k) Non accounting of TDS as interest incomeunder Special Purpose Tea Fund as observed byaudit has been noted. This aspect would be takencare of during the next financial year.

(3)(a)&(b) The observations of audit under theseparagraphs have been noted. However, the mattershave been referred to Ministry and on receipt of theclearance from the MOCI necessary action would betaken.

(j) An amount of 88.59 lakh being the interestaccrued on Loan Corpus Fund was not accounted fordue to computation of interest on simple interestmethod instead of quarterly compounding method.Thus non accounting of the accrued income hasresulted in the understatement of Current Assets withcorresponding understatement of excess of Incomeover Expenditure by 88.59 lakh.

(k) An amount of 24.32 lakh was wronglydeducted by banks as TDS on the interest income ofFixed Deposits. Since Tea Board is exempt from thepurview u/s 10(29) (A)(C) of Income Tax Act 1961, theTDS which were wrongly deducted is the income ofTea Board. Thus non accountal of TDS as interestincome has resulted in understatement of CurrentAssets with corresponding understatement of excessof Income over Expenditure by 24.32 lakh.

(3) Assets overstated(a) During the period from 1993 to 1995, Tea Boardpaid `598.72 lakh to Tea Trading Corporation of IndiaLtd. as interest free loan. Against this interest freeloan, TTCI refunded an amount of `25.14 lakh to TeaBoard on 02.06.1994 and the balance amount of

573.58 lakh could not be recovered as yet.Therefore, the unrecovered amount of `573.58 lakhshould have been provided for in the current yearsaccount due to remote chance of recovery. Thus, non-provision for doubtful debt resulted in overstatementof Current Assets with corresponding understatementof excess of Expenditure over Income by `573.58lakh.

(b) An amount of 20 lakh being the BrandPromotion Scheme loan was paid to TTCI by TeaBoard. TTCI went into liquidation as per Hon'bleCalcutta High Court order dated 24.06.2002. Hence,there is remote chance to recover the loan. In viewof the above, unrecovered Brand Promotion Schemeloan of 20 lakh should have been provided for asdoubtful debt in the current year's account. Thus, non-provision of doubtful debt resulted in overstatement ofCurrent Assets with corresponding overstatement ofexcess of Income over Expenditure by 20 lakh.

(vi)

(c) The observation of audit has been noted.However, this would be executed during the nextfinancial year.

(d) The observation of audit has been noted forfuture guidance.

(4)(a) & (b) The claim for subsidy is not a right vestedwith the claimant and can be paid upto the limit uptowhich fund is made available. So claims of subsidywhich cannot be paid with the available funds cannotbe considered as liability and hence have not beentaken into account as liability for the year. However,as and when funds are being received the pendingclaims would be cleared.

(c) Tea Board incurred expenditure of 16.50 lakhon revenue item like mattress, coir, small electric partslike switches, calling bell, and utensils, plastic basketsduring the year 2011-12. The expenditure should havebeen charged in the Income & Expenditure Accountinstead of capitalising the same. Thus, non-charging ofrevenue expenditure for those small items in theIncome & Expenditure Account has resulted inoverstatement of Fixed Assets with correspondingunderstatement of excess of Expenditure over Incomeby 16.50 lakh.

(d) An amount of 9.71 lakh being the cost ofLibrary Books and 1.69 lakh being the cost of otheritems (15 calculators,14 no of voltage stabilizers ,onecell phone, one stove/gas, Electric fans, one printer)purchased during the year 2011-12, the item-wisevalue of which is less than `5000.00 was capitalised inthe books. As per Clause No. 6.3 of schedule 24 ofUniform Format of Accounts for Central AutonomousBodies, assets costing 5000.00 or less each are tobe fully provided for in accounts. Thus, non-provisionin terms of the stated clause has resulted inoverstatement of Fixed Assets with correspondingunderstatement of excess of Expenditure over Incomeby 11.40 lakh.

(4) Liability understated

(a) Tea Board did not account for the liability of 1863.10 lakh in their books of account for the year

2011-12 or in the accounts of earlier years for availingsubsidy under Orthodox Tea Production SubsidyScheme (OTPSS). In the mean time Tea Board hasalready paid an amount of 769.14 lakh to theOrthodox Tea producer. Hence, Tea Board shouldaccount for the balance payable amount of 1093.96lakh as liability. Thus, non-accountal of the same hasresulted in understatement of Liability by 1093.96lakh with corresponding understatement of excess ofExpenditure over Income by the same amount.

(vii)

(B)(a) The observation of audit has been noted.

(b) As per accounting norms bad and doubtfuldebts is to be charged in the Income & ExpenditureAccount. Since the Principal loan amount was givenfrom the funds provided by the Government anddevolved on the Board, the provision has been madeby way of transfer from the loan due to theGovernment. Hence, the charge of the provision hasnot been made in the Income & ExpenditureAccount.

(b) Under Orthodox Tea Production SubsidyScheme, an amount of 2475.95 lakh, payable to thetea gardeners who had been paid less subsidy towardsthis scheme in earlier years, had not been accountedfor. As it is a confirmed liability of Tea Board, it shouldhave been accounted for in the accounts of 2011-12.Thus, non-accounting of this unpaid subsidy hadresulted in understatement of Liability by 2475.95lakh with corresponding understatement of excess ofExpenditure over Income by the same amount.

(B) Income & Expenditure Account

Expenditure understated

(a) Legal and Consultancy Fees payable to M/s.K & S Partners for Associate and Retainers bills forthe months of December 2011 to March 2012,amounting to 65.44 lakh had not been provided foras liability. The above has resulted in understatementof Expenditure & Liability to the extent of 65.44 lakhwith corresponding overstatement of excess of Incomeover Expenditure by the same amount.

(b) Under Revolving Corpus Fund Loan Scheme,tea gardens are required to repay the principal andinterest as per the terms and conditions of the loanagreement. Tea Board exhibited an amount of 204lakh as provision for bad and doubtful debts onoutstanding loan of 2038 lakh in the Balance Sheetwithout giving any accounting impact in the Incomeand Expenditure Account for 2011-12. As such noproper provision was made for the bad and doubtfuldebts and no liability had been created in the BalanceSheet of Revolving Corpus Fund as at 31 March 2012.Non adherence to proper accounting for makingnecessary provision for bad and doubtful debts inrespect of loan extended to the tea gardens hasresulted in understatement of Expenditure & Liabilityas well as overstatement of Assets by 204 lakh withcorresponding overstatement of excess of Incomeover Expenditure by the same amount.

(viii)

(c) The figures as incorporated under this paragraphare confirmed.

(D) Remedial and corrective action is being taken.

(C) Grants-in-aid

Out of total grants-in-aid of 26625.53 lakh receivedduring 2011-12 and 199.79 lakh being the unutilizedgrants as on 31.03.2011 totalling thereby to

26825.32 lakh, Tea Board utilized a sum of 26227.09 lakh leaving a balance of 598.23 lakh

as unutilized grants as on 31.03.2012.

(D) Management letter

Deficiencies which have not been included in the AuditReport have been brought to the notice of the TeaBoard, Kolkata through a management letter issuedseparately for remedial/corrective action.

(v) Subject to our observations in the preceding paragraphs, we report that the Balance sheet andIncome & Expenditure Account/Receipt & Payment Account dealt with by this report are in agreementwith the books of accounts.

(vi) In our opinion and to the best of our information and according to the explanations given to us, thesaid financial statements read together with the Accounting Policies and Notes on Accounts, andsubject to the significant matters stated above and other matters mentioned in Annexure to this AuditReport give a true and fair view in conformity with accounting principles generally accepted in India:

(a) In so far as it relates to the Balance Sheet, of the state of affairs of the Tea Board, Kolkata asat 31 March 2012; and

(b) In so far as it relates to Income & Expenditure Account of the surplus for the year ended onthat date.

For and on behalf of the C&AG of India

Place: KolkataDate: 31 October 2012 Sd/-

(Yashodhara Ray Chaudhuri)Principal Director

(ix)

Internal Control System: Internal Control System isan integral process by which an organization governsits activities to effectively achieve its objectives. Abuilt-in-Internal Control System and strict adherence toStatutes, Codes and Manuals minimise the risk oferrors and irregularities. The following deficiencies ininternal control system were noticed.

(i) Control on Physical Verification of Assets:-

All materials shall be counted, measured or weighedand subjected to visual inspection at the time of receiptto ensure that the quantities are correct, the quality isaccording to the required specification and there is nodamage or deficiency in the materials. Technicalinspection where required should be carried out at thisstage by technical inspector or agency approved forthe purpose. An appropriate receipt, in terms of therelevant contract provisions may also be given to thesupplier on receiving the materials. Details of thematerials so received should thereafter be entered inthe appropriate stock register. The officer in charge ofstores should certify that he has actually received thematerial and recorded it in the appropriate stockregister viz. Register for fixed assets, register forconsumables, register for library books, assets ofhistorical/artistic value held. Tea Board has its 2 zonaloffice at Guwahati and Coonoor; 14 regional/sub-regional offices at New Delhi, Siliguri, Mumbai,Cochin, Chennai, Silchar, Kottayam, Agartala, Jorhat,Tezpur,Kurseong, Jalpaiguri, Dibrugarh and Palampurand three overseas offices at London, Dubai andMoscow.

Physical Verification Report of Head Office of TeaBoard for the year 2010-11 was furnished to audit andthe Physical Verification Report of 2011-12 of TeaBoard, HO is presently under progress. However, thePhysical VerificationReports of the Zonal/Regionaloffices of Tea Board were not submitted to audit.TeaBoard stated (in September 2012) the PhysicalVerification Reports of the Zonal/Regional offices havesince been received and would be submitted duringnext audit.

Comments of the Board

(i) As committed to audit the Physical VerificationReports of Zonal/Regional Offices would be submittedduring the next audit.

Annexure to Audit Report

(x)

(ii) Control on monitoring on Utilization Certificates:

Rule 212(1) of General Financial Rule stipulated thatin respect of non-recurring grants to an Institution orOrganization, a certificate of actual utilization of thegrants received for the purpose for which it wassanctioned in Form 19-A, should be submitted withintwelve months of the closure of the financial year bythe Institution or Organization concerned. In respectof recurring grants, the grantor should release anyamount sanctioned for the subsequent financial yearonly after Utilization Certificate in respect of grants ofpreceding financial year is submitted. Release ofgrants-in aid in excess of fifty per cent of the totalamount sanctioned for the subsequent financial yearshall be done only after the annual audited statementrelating to grants-in-aid released in the preceding yearare submitted to the satisfaction of the Ministry/Department concerned.

Tea Board released grant/ subsidy to variousorganizations (viz.TRA, UPASI, HPKVV, AAU, C-DAC, IIT-Kharagpur, B.C.Guha Centre) underResearch & Development Scheme. The release offund for the year 2010-11 is detailed below:-

Grant in

Sl No. Name of the aid releasedOrganization during 2010-11

( in lakh)

1 TRA 3005.95

2 UPASI 260.09

3 HPKVV 3.50

4 AAU 3.00

5 C-DAC 14.50

6 IIT-KHARAGPUR 175.00

7 B.C.GUHA CENTRE 10.00

On being enquired about the Utilization Certificatessubmitted by the above organizations to Tea Board,it came to the knowledge of audit that only AAU,UPASI and B.C.Guha Centre had submitted the

(ii) HPKVV and IIT-Kharagpur have been advisedto submit the UCs in GFR 19.

(xi)

Utilization Certificates as per GFR-19A. In case ofHPKVV and IIT-Kharagpur although UCs weresubmitted, they were not as per GFR-19A. Tea Boardaccepted the fact and replied that the observation ofaudit has been noted and that the grantee institutionswould be advised to submit the Utilization Certificatesin Form GFR19.(iii) Internal Audit Control:- Tea Board has aninternal audit wing which is presently functioning inHead Office, Kolkata only. Internal Audit is commonlydescribed as the control of all controls and is anessential tool for good governance. It is conductedto ascertain how far the rules and regulations,systems and procedures and instructions issued bythe top management in accounting, financial andadministrative matters are being followed. It is theprimary responsibility of the management of anorganization to install an effective internal auditsystem and take prompt corrective action in respectof the deficiencies in the working as pointed out bysuch audit. Internal Audit at Tea Board is conductedunder the overall supervision of the Financial Adviserand Chief Accounts Officer. Tea Board conductedinternal audit for the year 2009-10 in respect ofGuwahati office and of Delhi Office for the year 2011-12. However, the Board did not furnish internal auditreports of past years in respect of Board's Head officeand other Zonal/Regional offices.Tea Board stated in September 2012 it is a fact thatdue to acute shortage of staff the internal audit ofRegional Offices could not be undertaken. However,the matter was being examined with greaterimportance.

(iv) Internal Audit Manual:- A Manual of InternalAudit containing the procedure for preparation of auditplan based on the risk assessment and prioritization,fixing of periodicity for audit and processing of auditobjections etc. is essential for guidance of themembers of the staff who are responsible forpreparation of audit plan and for conducting InternalAudit. However, as per reply of Tea Board it came tothe knowledge of audit that the process of preparationInternal Audit Manual is presently going on. No furthercomments were offered in this connection.

(iii) No further comments.

(iv) No further comments.

Sd/-(P.K.Naskar) Dy. Director.

(xii)

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FORM OF FINANCIAL STATEMENTS (NON-PROFIT ORGANISATIONS)Name of Entity : TEA BOARD, KOLKATA,RECEIPTS AND PAYMENTS FOR THE PERIOD/YEAR ENDED 31.03.2012

Financial FinancialRECEIPTS Year 2010-11 Year 2011-12

I. Opening BalanceNon Plan Tea Board Tea Fund

(a) Cash in hand 20,96,460.07 22,287.77(b) Bank Balances :

(i) In current accounts 36,36,220.27 2,75,850.47(ii) In deposit accounts(iii) Shavings accounts

Earmarked SchemeRevolving Corpus Fund Loan Scheme

(a) Cash in hand(b) Bank Balances :

(i) In current accounts 9,02,86,483.66 4,85,83,932.05(ii) In deposit accounts(iii) Savings accounts

SPTF(a) Cash in hand(b) Bank Balances : 2,60,96,380.06 2,71,04,137.26

(i) In current accounts(ii) In deposit accounts(iii) Savings accounts

Subsidy Scheme(a) Cash in hand(b) Bank Balances :


GPF(a) Cash in hand(b) Bank Balances :


18,37,61,151.57 11,19,42,690.91

3

Financial FinancialPAYMENTS Year 2010-11 Year 2011-12

I. ExpensesNon Plan Tea Board Tea Fund

(a) Establishment Expenses 34,36,81,668.28 36,23,86,255.70(b) Administrative Expense 4,48,69,343.56 4,85,12,675.15

Earmarked FundSPTF

(a) Establishment Expenses(b) Administrative Expense 4,36,87,776.00 4,61,26,489.50

Subsidy Scheme(a) Establishment Expenses(b) Administrative Expense 54,164.00 10,66,397.40

II. Payments made against fundsfor various projects

Non Plan Tea Board Tea Fund 0.00 0.00Loan Scheme 0.00 0.00

Earmarked FundSPTF 11,19,03,318.70 9,51,23,039.00Subsidy Scheme 1,35,00,92,493.34 2,32,02,03,779.16GPF 3,20,62,945.00 5,13,21,825.00

III. Investments and Deposits made(a) Out of Earmarked/Endowment funds(b) Out of Own Funds (Investment-Others)

IV. Expenditure on Fixed Assets &Capital Work-in-progress

Non Plan Tea Board Tea Fund(a) Purchase of Fixed Assets 13,38,085.00 6,22,420.55(b) Expenditure on Capital Work-in-progress

SPTF(a) Purchase of Fixed Assets 20,85,303.00 16,90,175.00(b) Expenditure on Capital Work-in-progress

1,92,97,75,096.88 2,92,70,53,056.46

4


B/F 18,37,61,151.57 11,19,42,690.91

New Pension Scheme(a) Cash in hand 1,41,457.39 16,128.09

(i) In current accounts(ii) In deposit accounts

II. Grants ReceivedNon plan Tea Board Tea Fund

(a) From Government of India :Grants for Capital 13,38,085.00 6,22,420.55Grants for revenue 26,29,28,915.00 38,11,44,329.45

SPTF(a) From Government of India :

Grants for capital 15,00,00,000.00 0.00Grants for revenue

Subsidy Scheme(a) From Government of India :

Grants for capital 0.00 2,00,000.00Grants for revenue 1,47,38,81,000.00 2,28,16,51,000.00

III. Income on Investment from(a) Earmarked/Endow. Funds(b) Own Funds (Oth. Investment)

IV. Interest ReceivedNon Plan Tea Board Tea Fund

(a) On Bank deposits 0.00 0.00(b) Loans, Advances etc. 8,89,954.60 14,76,244.65

Revolving Corpus Fund Loan Scheme(a) On Bank deposits 6,55,33,305.00 5,14,57,612.33(b) Loans, Advances etc. 4,76,77,873.14 4,72,52,128.22

SPTF(a) On Bank deposits 11,34,29,529.44 2,85,00,012.00(b) Loans, Advances etc.

Subsidy Scheme(a) On Bank deposits 27,86,636.02 10,65,360.42(b) Loans, Advances etc.

2,30,23,67,634.16 2,90,53,11,798.53

5


B/F 1,92,97,75,096.88 2,92,70,53,056.46

Earmarked FundSubsidy Scheme

(a) Purchase of Fixd Assets 38,37,594.00 0.00(b) Expenditure on Capital Work-in-progress

V. Refund of Surplus money/LoansNon Plan Tea Board Tea Fund

(a) To the Government of India(b) To the State Government(c) To other providers of funds 4,28,46,521.82 2,51,00,293.00

Earmarked FundRevolving Corpus Fund Loan Scheme

(a) To the Government of India 4,71,34,000.00 4,13,50,000.00(b) To the State Government(c) To other providers of funds 0.00 0.00

SPTF(a) To other providers of funds 0.00 0.00

Subsidy Scheme(a) To the Government of India(b) To the State Government(c) To other providers of funds

VI. Finance Charges (Interest)SPTFTerm Loan Interest 10,51,047.00 4,12,99,474.00

VII. Other Payments (Specify) *Non Plan Tea Board Tea Fund

Other payments 99,94,40,410.20 1,55,27,45,318.92Common Expenses Refunded 50,00,000.00 7,97,19,400.00Advance to employees (net) 36,61,660.00 30,51,926.00Term Deposit (Darjeeling CTM)Bank Charges (Darjeeling CTM)

3,03,27,46,329.90 4,67,03,19,468.38

6


B/F 2,30,23,67,634.16 2,90,53,11,798.53

GPF(a) On Bank deposits 2,19,08,015.66 18,17,741.00(b) Loans Advances etc.

New Pension Scheme(a) On Bank deposits 2,520.70 3,23,425.55

V. Other Income (Specify)Non Plan Tea Board Tea Fund

Fees realized on A/c of Licenses 9,56,950.00 4,02,044.00Registration Fee 4,63,598.00 25,000.00Sale proceeds of Tea 51,56,665.00 57,01,171.00Miscellaneous Receipts 1,55,79,658.69 1,73,82,760.00

SPTFInterest on Advances 3,10,53,882.50 7,54,78,066.00Default Reserve Fund 29,35,551.00 24,84,980.00Loan Processing Fees 13,88,372.00 10,08,783.00TDS Payable (Statutory Liability) 1,36,221.00 8,93,402.00Outstanding Expenses 7,078.00Interest Reserve 1,78,28,496.00Sundry Creditors 5,11,920.00Advisory Fee 1,57,931.00Accrued Interest 1,45,11,549.48State Bank of India (N. S. Road) 44,99,87,445.00Advance for vehicle 50,000.00TDS Receivable 14,361.00Interest receivable 39,95,978.78

VI. Amount BorrowedNon Plan Tea Board Tea Fund 3,50,00,000.00 2,50,00,000.00SPTF 11,05,76,017.00 8,87,88,813.00Earmarked Funds/Subsidy Scheme 3,62,86,999.00 40,52,137.00

3,05,08,76,843.97 3,12,86,70,121.08

7


B/F 3,03,27,46,329.90 4,67,03,19,468.38

Revolving Corpus Fund Loan SchemeTerm Deposit 56,78,31,912.00 47,13,66,787.00Loan to Others 3,50,00,000.00 3,50,00,000.00Legal Charges 7,19,629.00 11,39,520.00Bank Charges 6,227.00 975.00Other Payments 94,44,564.00 31,66,666.00Intra Scheme Transfers 20,00,000.00 0.00Suspense 23,96,567.00 16,08,262,00

SPTFTerm Deposit 73,68,48,880.30 25,76,61,080.00Intra Fund Transfers 0.00 1,73,77,487.50TDS Deposited 9,94,903.00Liability Payments 6,42,718.00

Earmarked Funds/Subsidy SchemeBank Charges 31,663.43 40,439.00Repayments to Other Schemes 8,22,51,929.00 14,74,74,043.00Inter Scheme Loans Adjustments 1,68,914.00 96,712.00Transfer to Other Funds 4,54,622.87Other Scheme Payments 4,90,276.00 38,07,137.00Common Expenses- TBTF 13,63,40,000.00 0.00Adjustment Transfer 60,69,078.00 0.00Suspense 68,17,151.00 42,65,199.00Earnest Money 3,35,800.00 3,35,900.00Rehabilitation Package 23,18,000.00 0.00Prior Period Adjustment 0.00 0.00

GPFTerm Deposit 20,99,00,000.00 2,50,00,000.00Refund Tea Board Tea Fund 1,60,49,186.00 50,00,000.00Misc (Service charges) 900.00 1,968.00

New Pension SchemeTerm Deposit 1,02,35,000.00 1,65,40,000.00Bank Charges 0.00 1,697.00Adjustment Payment 94,54,500.22Settlement of Dues from Previous Employer 2,72,026.00

4,85,80,02,006.63 5,67,20,22,110.97

8


B/F 3,05,08,76,843.97 3,12,86,70,121.08

VII. Any other receiptsNon Plan Tea Board Tea Fund

Recd from R & D 50,00,000.00 0.00Other Receipts 97,17,49,320.47 1,56,04,53,463.32Common Expenses Recd 13,63,40,000.00 7,97,19,400.00

Revolving Corpus Fund Loan SchemeRecovery of Principal 6,90,29,499.25 4,60,59,298.20Intra Scheme Transfers 20,00,000.00 0.00Encashment of Term Deposit 39,69,15,699.00 36,74,22,705.00Other receipt 9,29,118.00 17,59,216.00Refund of Loan from Schemes 4,07,44,853.00 3,50,00,000.00

Special Purpose Tea FundRepayment of Dues from Subsidy A/c 250.00Bank FD Maturity 25,78,77,732.11

Earmarked Funds/Subsidy SchemeCancellation of cheques 17,56,906.00 4,73,482.00Refund from other funds 4,63,39,667.82 21,71,50,304.00Receipt from other schemes 0.00 1,50,000.00Term depositSuspense 63,80,927.50 51,70,923.47Earnest Money 3,65,900.00 5,50,000.00Other receipt 27,69,651.09 1,49,45,529.74Adj Recpt 70,75,756.00 46,66,582.60Prior Period Adj 2,66,832.00 52,78,623.00Adjustment & TIDE Receipt 40,18,000.00 0.00

GPFEncashment of Term Deposit 16,98,09,038.00 1,50,00,000.00Subscription 4,63,89,972.00Loan Recovery 34,71,796.00TBTF 4,77,61,491.00 50,00,000.00

New Pension SchemeEmployees’ Contribution 17,55,566.00 23,36,073.00Employers’ Contribution 17,55,566.00 23,36,073.00Encashment of Investment 63,30,334.00 1,62.63,470.58Other Receipt (suspense) 2,65,684.00 1,057.00Adjustment Recpt 94,54,500.22

TOTAL 4,97,02,36,926.10 5,82,58,92,550.88

Rajeev Roy M.G.V.K. BhanuF.A. & C.A.O. Chairman

9


B/F 4,85,80,02,006.63 5,67,20,22,110.97

VIII. Closing BalancesNon Plan Tea Board Tea Fund

(a) Cash in hand 22,287.77 5,454.02(b) Bank Balances

(i) In current accounts 2,75,850.47 81,227.87(ii) In deposit accounts(iii) Savings account

Earmarked Funds/Subsidy SchemeRevolving Corpus Fund Loan Scheme

(a) Cash in hand(b) Bank Balances

(i) In current accounts 4,85,83,932.05 4,39,02,681.80(ii) In deposit accounts(iii) Savings account

Special Purpose Tea Fund(b) Bank Balances

(i) In current accounts 2,71,04,387.26 2,12,20,809.37

Subsidy Scheme(a) Cash in hand(b) Bank Balances

(i) In current accounts 1,97,39,372.83 7,73,49,085.63(ii) In deposit accounts(iii) Savings account

GPF(a) Cash in hand(b) Bank Balances

(i) In current accounts 1,64,92,961.00 68,48,677.00(ii) In deposit accounts(iii) Savings account

New Pension Scheme(a) Bank Balances

(i) In current accounts 16,128.09 44,62,504.22(ii) In deposit accounts

TOTAL 4,97,02,36,926.10 5,82,58,92,550.88


10

CONSOLIDATED INCOME & EXPENDITURE STATEMENTOF TEA BOARD, KOLKATA for the year 2011-12 (PLAN & NON PLAN)

Schedule Financial FinancialNo. Year 2010-11 Year 2011-12

INCOMEIncome form Sales/Service 12 50,84,743.35 56,65,905.10Grants/Subsidies 13 26,29,28,915.00 38,00,79,579.45Fees/Subscriptions 14 14,20,548.00 14,91,794.00Income from Investments 15Income from Royality, Publications etc. 16Interest Earned 17 24,02,87,818.75 22,40,97,441.35Other Income 18 18,51,96,867.79 5,98,28,580.12Increase/(decrease) in Stock of Finished 19Goods and Work in Progress

TOTAL (A) 69,49,18,892.89 67,11,63,300.02

EXPENDITUREEstablishment Expenses 20 34,30,52,689.28 36,75,94,715.70Other Administrative Expenses 21 6,80,75,569.56 7,00,80,769.65Expenditure on Grants. Subsidies etc. 22 0.00 0.00Interest 23 4,55,24,228.00 4,98,10,313.00Depreciation 42,60,953.23 44,34,023.98

TOTAL (B) 46,09,13,440.07 49,19,19,822.33

Balance being excess of Income over 23,40,05,452.82 17,92,43,477.69Expenditure (A-B)*Tea Board Tea Fund A/cExcess of Expenses over Income 3,06,94,882.12 –1,34,17,085.67Loan A/cExcess of Income over Expenses 10,20,57,869.31 10,86,15,484.07SPTFExcess of Income over Expenses 10,12,52,701.39 8,40,45,079.29

TOTAL (C) 23,40,05,452.82 17,92,43,477.69


11

CONSOLIDATED BALANCE SHEETOF TEA BOARD, KOLKATA AS AT 31ST MARCH, 2012

Schedule Financial FinancialNo. Year 2010-11 Year 2011-12

LiabilitiesCorpus/Capital Fund 1 1,13,95,76,957.36 1,14,27,89,175.59Reserve And Surplus 2 –2,03,79,015.56 –3,59,57,909.23Earmarked/Endowment Funds 3 76,03,22,180.97 93,69,37,760.83Secured Loans And Borrowing : 4Unsecured Loans And Borrowings 5 92,85,08,801.34 98,91,27,662.16Deferred Credit Liabilities 6Current Liabilities And Provisions 7 27,08,55,452.65 20,42,58,368.53Total 3,07,88,84,376.76 3,23,71,55,057.88AssetsFised Assets 8 5,18,42,599.79 4,84,51,219.49Investments From Earmarked /Endowment Funds 9Investments - Others 10Current Assets, Loans, Advances Etc. 11 3,02,70,41,776.97 3,18,87,03,838.39

TOTAL 3,07,88,84,376.76 3,23,71,55,057.88


12

NOTES ON ACCOUNTS

A. SIGNIFICANT ACCOUNTING POLICIES

1. Basis of Accounting :

The accounts have been prepared on accrual basis.

2. Fixed Assets and Depreciation :

Fixed assets are carried at cost less depreciation. Cost includes inward freight, duties, taxes andincidental expenses involved in acquisition and installation. Depreciation on fixed assets is providedin written down value method at the relevant rates as provided in the Income Tax Act, 1961 andmentioned below. Full year’s depreciation is provided only on carry forward balance of the fixed assetsduring the year.

%

Buildings

Residential 5

Other than residential 10

Plant, Machinery and Equipments 15

Vehicles 15

Furniture and Fixtures

Cabinet/Almirah/Filing Racks 10

Air conditioners/AC Plants 15

Air Cooler 15

Water Cooler 15

Tables/Chairs/Sofas/Carpets 10

Wooden Partition/Temporary structure 10

Voltage Stabilisers/UPS System 15

Other Items 10

Office Equipments 10

Computer/Peripherals 60

Electrical Installation 10

Tubewells & Water Supply System 15

3. Inventories :

Stocks are valued at cost. Consumable stores are charged to revenue on an over-all basis after takinginto account opening stock and purchase and adjusted with the Closing stock.

13

B. NOTES ON ACCOUNTS

1. During the year funds received from Government under different heads after adjustment of closingbalance of 2010-11 under Section 26 and 26 (A) of Tea Act, 1953 are detailed below :

Rs. in lakh

Sanctioned allocation Opening Balance Actual Receipt

Tea Board (Non plan) 3810.00 2.98 3807.02

Subsidy 20915.00 59.18 20855.82

R & D (Grant in aid) 1200.00 57.31 1142.69

MAI Scheme 200.00 0.00 200.00

AED (Research) 620.00 0.00 620.00

Total 26745.00 119.47 26625.53

2. During the year Capital purchases have been made from the following Schemes accounts :

Rs. in lakh

Tea Board Tea Fund (Non Plan) 6.22

Market Promotion Scheme 0.40

Orthodox Tea Production Scheme 1.74

Research & Development Scheme 23.80

Special Purpose Tea Fund Account 16.90

Total 49.06

3. It was decided by the Board at its meeting held on 30th June 2009 to create an operating cost fundunder Non Plan with 10% of plan allocation to meet the expenses of salary & allowances and otherexpenses of staff and officers engaged in operation of Plan Schemes. Accordingly, like previous yearsoperating cost was primarily deducted from the individual Schemes. Subsequently, reallocation of PlanFund was made and no operational cost was finally deducted from the Plan Schemes. Hence, in theNon Plan Account operating cost has been depicted in both the sides of Receipt & Payment Accountbut no operational cost has been shown in the individual Schemes.

4. Depreciation of assets under Market Promotion Scheme and Research and Development Schemehas been separately disclosed under Schedule 3. Hence, in the consolidated Income & ExpenditureAccount the depreciation value of the said two Schemes have been deduced to that extent.

5. Under Loan Corpus Fund provision of bad and doubtful debts is made not because of occurrenceof actual bad debt but because of the possibility of certain loans becoming bad. Hence, this cannotbe treated as reserved and accordingly provision has been made as per past practice at the rateof 10%.

14

6. During the year unserviceable electronic items were sold at random to the highest bidder against whicha sum of Rs. 1,61,200/- was realized and deposited to Tea Board Tea Fund Account (Non Plan).There were three elements of sold out items viz. Tea Board Tea Fund, Research & DevelopmentScheme and Market Promotion Scheme. Since the items were sold at random and item wiserealization was not available, it is very difficult to segregate the realized amount into three parts. Hence,with the approval of the competent authority only the book value of those items of R & D and MPShave been transferred to Tea Board Tea Fund (Non Plan) and entire realized amount has been takeninto account under Tea Board Tea Fund (Non Plan).

7. There was an observation of audit during 2003-04 about treatment of revenue expenditure in CapitalAccount under TBTF (Non Plan) Account. The same has been rectified during the year.

8. During the year 2010-11 depreciation on account of Office Equipment and Electrical installation wasinadvertently shown in excess under Research & Development Scheme. This was also observed byaudit during certification accounts of 2010-11. The same has, however, been rectified during the year2011-12.

9. During the year 2010-11, Audit observed that there was an excess depiction of Accrued interest underGeneral Provident Fund Account. The same has been examined during the year and correctedaccordingly.

10. Physical verification of assets is being carried out and will be completed soon.

11. Tea Board is exempted from the purview of Income Tax under section 10(29) (A)(C) of Income TaxAct, 1961.


15

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16

(Amount Rs.)

2011-12 2011-12 2010-11

Schedule 1 - Corpus / Capital FundBalance as at the beginning of the year

Tea Board Tea Fund (Non Plan) 9,73,71,724.12MPS 81,28,216.09Research & Development 13,40,77,017.15 23,95,76,957.36 23,42,70,322.73

Add : Contribution towards Corpus/Capital FundTea Board Tea Fund (Non Plan) 6,22,420.55MPS 28,131.53R & D 23,80,299.00 51,75,679.00Orthodox 1,73,711.00 32,04,562.08

Special Purpose Tea FundAs per last A/c 90,00,00,000.00Received from Government of India 0.00 90,00,00,000.00 90,00,00,000.00

1,14,27,81,519.44 1,13,94,46,001.73Less : Adjustment for the year

Tea Board Tea Fund (Non Plan)Add : Adj for the year 37,457.15Less : Previous year Adj. of Asset - TBTF 29,801.00

7,656.15 7,656.15Less : Adjustment for the year R & D

sold during the year1,30,955.63

BALANCE AS AT THE YEAR - END 1,14,27,89,175.59 1,13,95,76,957.36


FORM OF FINANCIAL STATEMENTS (NON-PROFIT ORGANISATIONS)Name of Entity : TEA BOARD, KOLKATA,SCHEDULES FORMING PART OF BALANCE SHEET AS AT 31.03.12

17

(Amount Rs.)

2011-12 2011-12 2010-11

Schedule 2 - Reserves and Surplus

1. Capital Reserve :As per last AccountAddition during the yearLess : Deductions during the year

2. Revaluation Reserve :As per last AccountAddition during the yearLess : Deductions during the year

3. Special Reserve :As per last AccountAddition during the yearLess : Deductions during the year

4. General Reserve :Tea Board Tea Fund (Non Plan)As per last Account 0.00Addition during the year –3,59,57,909.23Less : Deductions during the year –3,59,57,909.23 –2,03,79,015.56

SPTFAs per last AccountAddition during the yearDarjeeling CTMAddition during the year

TOTAL –3,59,57,909.23 –2,03,79,015.56



18

Description Total 1 PDS 2 HRD 3 QPDS 4 MPS

(a) Op Balance

Balance b/f –8,95,85,418.89 1,13,97,922.49 –77,789.85 2,14,47,706.64 –1,67,05,608.30

Adj. Previous Year 5,60,00,000.00

(b) Additions to the Fund

(i) Recd From GOI 2,28,18,51,000.00 17,79,30,000.00 4,85,14,100.00 39,79,68,000.00 21,04,95,900.00

(ii) Int on FD 10,65,360.42 10,48,960.00

(iii) Others

Trf from Other Funds 0.00 0.00 0.00

Refund From Other Funds 0.00 0.00

Term Deposit encash 0.00

Loan from Other Funds 0.00

Suspense 0.00

Earnest Money 0.00

Other Receipts 1,49,45,529.74 0.00 2,731.00 13,64,695.00

Chq Cancellation 4,73,482.00 0.00 3,48,610.00 0.00

Adjustments (Prior Period) 52,78,623.00 6,875.00 52,71,748.00 0.00

Non Cash 12,96,107.02

Adjustment Transfer 0.00 0.00

Total (b) 2,30,49,10,102.18 17,79,36,875.00 4,88,62,710.00 40,42,91,439.00 21,18,60,595.00

Total (a+b) 2,27,13,24,683.29 18,93,34,797.49 4,87,84,920.15 42,57,39,145.64 19,51,54,986.70

Difference * –23,48,65,032.77 2,44,51,799.50 –1,09,436.00 –2,30,276.00 –5,05,13,664.83

Per A/cs Total Receipts 2,55,50,93,315.06 21,37,86,596.99 4,88,94,356.15 42,59,69,421.64 24,56,68,651.53

Due to Op Balance having asset items/Inter Fund trans

SCHEDULE 3EARMARKED/ENDOWMENT FUNDS SUBSIDY SCHEMES

19

5 AED 6 Orthodox 9 ASIDE 10 MAIS Centenary SCSP 7 R & D 8 SPTF

25.92.036.00 10,53,774.99 50,00,000.00 (5,55,00.000.00) (3,08,56,788.46) (2,79,36,672.40)

5,60,00,000.00

6,20,00,000.00 71,91,86,000.00 0.00 2,00,00,000.00 0.00 10,00,00,000.00 11,42,69,000.00 43,14,88,000.00

16,400.42 0.00

0.00

35,50,771.28 1,00,27,332.46 0.00

71,464,00 53,408.00

0.00 12,96,107.02

6,20,00,000.00 72,27,53,171.70 0.00 2,00,00,000.00 0.00 10,00,00,000.00 12,56,63,903.48 43,15,41,408.00

6,45,92,036.00 72,38,06,946.69 50,00,000.00 2,00,00,000.00 5,00,000.00 10,00,00,000.00 9,48,07,115.02 40,36,04,735.60

0.00 0.00 0.00 –9,83,559.00 (5,60,00,000.00) (39,35,000.00) (11,91,06,570.44) (2,84,38,326.00)

6,45,92,036.00 72,38,06,946,69 50,00,000.00 2,09,83,559.00 5,65,00,000.00 10,39,35,000.00 21,39,13,685.46 43,20,43,061.60

20

Description Total 1 PDS 2 HRD 3 QPDS 4 MPS

Utilisation / Expenditure

towards objective of the

funds

(i) Capital Expenditure 0.00

Fixed Assets 0.00 0.00

Others 0.00

Term Deposits 0.00

Refund GOI 0.00

Loan to Other Funds/Repayments 0.00 0.00

Repayment of Dues to Other Funds 0.00

Trf to Other Funds 0.00 0.00 0.00 0.00

Adjustment Transfers 0.00 0.00

Total 0.00 0.00 0.00 0.00

(ii) Revenue Expenditure 0.00

Bank Chgs 40.439.00 11,204.00 10,137.00 1,375.00 2,269.00

Admin Exp 10,66,397.40 19,480.00 3,500.00 74,273.00 0.00

Other Payments 0.00

Operation Cost Paid to TBTF 0.00 0.00 0.00 0.00 0.00

Suspense 0.00

Earnest Money 0.00

Prior Period Adj 0.00

Disbursement 2,32,02,03,779.16 18,44,40,467.00 4,69,15,538.00 42,54,24,195.50 19,01,52,384.47

Adjustment - Non Cash 38,22,366.30

Depreciation 2,53,508.50 2,53,508.50

Asset Write Off 0.00

Total 2,32,53,86,490.36 18,44,71,151.00 4,69,29,175.00 42,54,99,843.50 19,04,08,161.97

Total (C) 2,32,53,86,490.36 18,44,71,151.00 4,69,29,175.00 42,54,99,843.50 19,04,08,161.97

Net Balance (a+b–c) –5,40,61,807.07 –48,63,646.49 18,55,745.15 2,39,302.14 47,46,824.73

21

5 AED 6 Orthodox 9 ASIDE 10 MAIS Centenary SCSP 7 R & D 8 SPTF

0.00 0.00

0.00 0.00 0.00

0.00

0.00

0.00

0.00 0.00

6,450.00 1,508.00 7,496.00 0.00

9,69,144.40 0.00 0.00

0.00 0.00 0.00

6,45,92,036.00 72,23,84,128.19 0.00 60,72,926.00 5,00,000.00 9,31,40,492.00 20,07,16,275.00 38,58,65,337.00

38,22,366.30

0.00

6,45,92,036.00 72,33,59,722.59 0.00 60,72,926.00 5,00,000.00 9,31,42,000.00 20,45,46,137.30 38,58,65,337.00

6,45,92,036.00 72,33,59,722.59 0.00 60,72,926.00 5,00,000.00 9,31,42,000.00 20,45,46,137.30 38,58,65,337.00

0.00 4,47,224.10 50,00,000.00 1,39,27,074.00 0.00 68,58,000.00 –10,97,39,022.28 1,77,39,398.60

22

SCHEDULE-3 LOAN SPTF

Details

(a) Op Bal

(b) Additions to the Fund

(i) Recd From GOI

(ii) Income from Investments

(iii) Others

Recd from other Schemes

Excess of Income over Expenditure 10,86,15,484.07 8,40,45,079.29

Total (a+b) 47,48,13,178.32 29,70,38,815.58

Utilisation / Expenditure

towards objective of the

funds

(i) Capital Expenditure

Fixed Assets

Others - Adjustments

Others - Repayment to other Funds

Others - Repayment to GOI

Total

(ii) Revenue Expenditure

Rent

Admin Exp

TotalTotal ©

Net Balance (a + b – c) 47,48,13,178.32 29,70,38,815.58

23

SCHEDULE-3 GENERAL PROVIDENT FUND

Balance as per last year 19,03,76,078.00Add : Subscription less shown last year 1,700.00

19,03,77,778.00Add : Interest less shown last year 106.00

19,03,77,884.00Add : Amount received from TBTFA/c Subs & Loan recovery 4,95,73,247.00

23,99,51,131.00Less : Payment of Loan/F.W. F.S. 5,07,90,849.00

18,91,60,282.00Add : Interest payable to Subscriber 1,56,94,639.00

20,48,54,921.00Less : Interest Payable retired officials 17,361.00 20,48,37,560.00

Members Closing Balance 20,48,37,560.00

24

SCHEDULE-3 NEW PENSION SCHEME

Op Balance 87,39,943.00

Employee’s Contribution 23,36,073.00

Employers Contribution 23,36,073.00

Interest 8,97,925.00

Balance 1,43,10,014.00 1,43,10,014.00

Schedule 3 (Summary)

Fund

Subsidy –5,40,61,807.07

Loan 47,48,13,178.32

SPTF 29,70,38,815.58

NPS 1,43,10,014.00

GPF 20,48,37,560.00

Total of Sch 3 93,69,37,760.83


25

2011-12 2010-11

Schedule 5 - Unsecured Loans and BorrowingsLoan A/c

1 Central Government 50,70,23,163.16 53,35,42,233.342 State Government (Specify)3 Financial Institutions4 Banks

(a) Term Loans(b) Other Loans (Specify)

5 Other Institutions and Agencies6 Debentures and Bonds7 Fixed Deposits8 Others (Specify)

SPTF1 Central Government2 State Government (Specify)3 Financial Institutions4 Banks 48,21,04,499.00 39,49,66,568.00

(a)(b)

5 Other Institutions and Agencies6 Debentures and Bonds7 Fixed Deposits8 Others (Specify)

Total 98,91,27,662.16 92,85,08,801.34



Amount Rs.

26

2011-12 2010-11

Schedule 7 - Current Liabilities And ProvisionsA. Current Liabilities :

1 Acceptances2 Sundry Creditors

Tea Board Tea Fund (Non Plan)(a) For Goods(b) Others 2,94,25,772.84 2,18,06,442.84Earmarked FundSubsidy Scheme(a) For Goods(b) Others 83,02,820.50 13,82,23,365.50Loan Scheme(a) For Goods(b) Others 23,59,867.00 22,08,913.00

SPTF(a) For Goods(b) Others 4,83,52,181.00 6,74,62,743.94

General Provident Fund(a) For Goods(b) Others 7,87,92,100.00 42,84,035.35

New Pension Scheme(a) For Goods(b) Others 4,478.00 2,70,162.00

3 Advances Received4 Interest accrued but not due on :

(a) Secured Loans/borrowings(b) Unsecured Loans/borrowings

5 Statutory Liabilities :Tea Board Tea Fund (Non Plan)(a) Overtime(b) Other 13,65,526.32 11,53,790.02

6 Other current Liabilities

Tea Board Tea Fund (Non Plan) 3,56,55,622.87 3,54,46,000.00

Total (A) 20,42,58,368.53 27,08,55,452.65



Amount Rs.

28

TEA BOARDSCHEDULE FORMING PART OF THE BALANCE SHEET AS ON 31ST MARCH, 2012SCHEDULE : 8 FIXED ASSETS

GROSS BLOCKValue afterITEM

Value as on Adjustment01.04.11

Adjustment

Land 11,36,858.85 0.00 11,36,858.85

Residential Building 43,37,012.20 0.00 43,37,012.20

Office Building 47,93,175.00 0.00 47,93,175.00

Leasehold Building 1,29,14,015.30 0.00 1,29,14,015.30

Vehicle 48,94,095.44 0.00 48,94,095.44

Plant & Machinery 30,29,861.32 665.10 30,30,526.42

Furniture/Fixture 96,18,390.48 -13,014.40 96,05,376.08

OIffice Equipment 20,45,538.29 5,598.00 20,51,136.29

Computer & Peripherals 61,59,384.06 0.00 61,59,384.06

Electric Installations 13,96,487.99 328,617.00 17,25,104.99

Tube Well & Water Supply 57,855.03 0.00 57,855.03

DTRC Building 4,00,409.10 0.00 4,00,409.10

DTRC Furniture 99,762.30 0.00 99,762.30

Library Books 9,59,754.43 0.00 9,59,754.43

TOTAL 51,842,599.79 321,865.70 52,164,465.49


29

Addition during Sold NET BLOCK

DepreciationVALUE AS ONthe year / written off

31.03.2012

0.00 0.00 0.00 11,36,858.85

0.00 0.00 2,16,850.61 41,20,161.59

0.00 0.00 4,79,317.50 43,13,857.50

0.00 0.00 13,91,401.53 1,15,22,613.77

16,07,216.00 35,505.69 7,75,455.09 56,90,350.66

1,46,709,00 0.00 4,54,578.95 27,22,656.47

9,59,280.55 52,471.23 11,09,538.79 94,02,646.61

1,73,205.00 20,741.88 2,03,039.78 20,00,559.63

20,05,290.00 1,063.97 36,94,992.14 44,68,617.95

3,650.00 0.00 1,26,029.00 16,02,725.99

0.00 0.00 8,678.25 49,176,78

0.00 0.00 40,040,91 3,60,368.19

0.00 0.00 9,976.23 89,786.07

11,085.00 0.00 0.00 9,70,839.43

4,906,435.55 109,782.77 8,509,898.78 48,451,219.49


30

2011-12 2010-11

Schedule 11 - Current Assets, Loans, Advances Etc.

A. Current Assets :

1. Inventories :Tea Board Tea Fund (Non Plan)(a) Stores and Spares 17,43,071.00 15,92,363.00(b) Loose Tools(c) Stock-in-trade :

Finished GoodsWork-in-progressRaw materials

2. Sundry Debtors :Tea Board Tea Fund (Non Plan)(a) Debts Outstanding for a period exceeding six months(b) Others (bills Receivable) 31,25,458.95 16,81,333.85

New Pension Scheme(a) Debts Outstanding for a period exceeding six months(b) Others

SPTF(a) Debts Outstanding for a period exceeding six months(b) Others

3. Cash Balances in hand(including cheques / drafts and imprest)

Tea Board Tea Fund (Non Plan) 5,454.02 22,287.77

48,73,983.97 32,95,984.62


Amount Rs.

31

2011-12 2010-11

B/F 48,73,983.97 32,95,984.62

4. Bank Balances :(a) With Scheduled Banks :Tea Board Tea Fund (Non Plan)

-On current Accounts 81,227.87 2,75,850.47-On Deposit Accounts (includes margin money)-On Savings Accounts

Earmarked FundsSubsidy Schemes

-On Current Accounts 7,73,49,085.63 1,97,39,372.83-On Deposit Accounts (includes margin money) 0.00 1,00,000.00-On Savings Accounts

Loan Scheme-On Current Accounts 4,39,02,681.80 4,85,83,932.05-On Deposit Accounts (includes margin money) 75,41,21,790.73 62,57,01,014.81-On Savings Accounts

SPTF-On Current Accounts 2,12,20,809.37 2,71,04,387.26-On Deposit Accounts (includes margin money) 41,25,62,329.30 1,14,88,30,021.82-On Savings Accounts

GPF-On Current Accounts 68,48,677.00 1,64,92,961.00-On Deposit Accounts (includes margin money) 24,13,32,977.00 23,13,32,977.00-On Savings Accounts

New Pension Scheme-On Current Accounts 44,62,504.22 16,128.09-On Deposit Accouns (includes margin money) 90,00,000.00 87,23,470.58

(b) With non-Scheduled Banks :Tea Board Tea Fund (Non Plan)On Current Account

5. Post Office - Savings Accounts

Total (A) 1,57,57,56,066.89 2,13,01,96,100.53

Amount Rs.

32

2011-12 2010-11

Schedule 11 - Current Assets, Loans, Advances Etc. (Contd.)

B. Loans, Advances And Other Assets :

1. Loans :Tea Board Tea Fund (Non Plan)(a) Staff 56,80,334.63 67,57,465.63(b) Other Entities engaged in activities 5,73,57,642.87 5,73,57,642.87

objectives similar to that of the Entity(c) Other (specify)

Earmarked Fund Loan Schemes(a) Staff(b) Other Entities engaged in activities


Tea Estates

Corpus Fund Loan Schemes(a) Staff(b) Other Entities engaged in activities

objectives similar to that of the Entity(c) Other (specify) 18,54,11,410.76 22,68,64,779.14

Tea EstatesLoan to other Funds

SPTF(a) Staff(b) Other Entities engaged in activities


Tea Estates 47,89,72,269.00 39,47,47,297.70KTDFC FD 64,52,50,000.00Lic Housing Finance Ltd. 2,65,70,000.00

1,39,92,41,657.26 68,57,27,185.34

Amount Rs.

33

2011-12 2010-11

B/F 1,39,92,41,657.26 68,57,27,185.34

2. Advances and other amounts recoverable incash or in kind or for value to be receivedTea Board Tea Fund (Non Plan)(a) On Capital Account(b) Prepayments(c) Others 3,14,17,946.67 3,58,00,791.90

Subsidy Schemes(a) On Capital Account(b) Prepayments(c) Others 75,28,496.41 15,56,55,374.61

SPTF(a) On Capital Account(b) Prepayments(c) Others 18,80,932.00 1,58,380.00

NPSSusp Receivable 2,34,089.78

Loan Fund(a) On Capital Account(b) Prepayments(c) Others 1,37,795.90 1,37,795.90

3. Income Accrued :Non Plan Tea Board Tea Fund(a) On Investments from Earmarked Funds(b) On Investments - Others (Darjeeling CTM)(c) On Loan and Advances(d) Others

(includes income due unrealised Rs.............)

1,44,04,40,918.02 87,74,79,527.75

Amount Rs.

34

2011-12 2010-11

B/F 1,44,04,40,918.02 87,74,79,527.75

Earmarked Scheme

Loan Scheme

(a) On Investments from Earmarked Funds

(b) On Investments - Others 0.00 0.00

(c) On Loan and Advances 6,22,529.29 6,61,318.69

(d) Others

(Includes income due unrealised Rs...............)

SPTF

Int Accrued Bank 8,39,27,515.19

Int Accrued Others 5,18,90,905.00

GPF

(a) On Investments from Earmarked Funds 3,54,48,006.00 1,84,57,589.00

(b) On Investments - Others

(c) On Loan and Advances

(d) Others

(Includes income due unrealised Rs...............)

New Pension Fund

(a) On Investments from Earmarked Funds 6,17,898.00 2,47,241.00

4. Claims Receivable

Total (B) 1,61,29,47,771.50 89,68,45,676.44

Total (A + B) 3,18,87,03,838.39 3,02,70,41,776.97


Amount Rs.

35

Sl ITEM Financial FinancialNO. Year 2011-12 Year 2010-11

12 INCOME FROM SALES/SERVICESNon Plan Tea Board Tea Fund

(1) Income from sales

(a) Sale of Finished Goods

(b) Sale of Raw Material

(c) Sale of Scraps

(d) Others (Specify)

Sale of Tea 56,65,905.10 50,84,743.35

Sub Total 56,65,905.10 50,84,743.35

(2) Income from Services

(a) Labour and Processing Charges

(b) Professional/Consultany Services

(c) Agency Commission and Brokerage

(d) Maintenance Services (Equipment/Property)

(e) Others (Specify)

Sub Total 0.00 0.00Total 56,65,905.10 50,84,743.35

13 Grants/Subsidies(Grants & Subsidies Received)Tea Board Tea Fund(1) Central Government

PlanTea Board Tea Fund 38,00,79,579.45 26,29,28,915.00Others (Specify)

(2) State Government(s)(3) Government Agencies(4) Institutions/Welfare Bodiies(5) International Organisations(6) Others (Specify)

Total 38,00,79,579.45 26,29,28,915.00

CONSOLIDATED INCOME & EXPENDITURE STATEMENT OFTEA BOARD, KOLKATA FOR THE YEAR 2011-12

Amount Rs.

36


14. Fees/SubscriptionsTea Board Tea Fund(1) Entrance Fees(2) Annual Fees/Subscriptions(3) Seminar/Programme Fees(4) Consultancy Fees(5) Others (Specify)

Free Realised on A/c of Licenses 10,64,750.00 9,56,950.00Registration Fee 4,27,044.00 4,63,593.00

Total 14,91,794.00 14,20,548.00

17. INTEREST EARNED(A) Tea Board Tea Fund(1) On term Deposits :

(a) With Scheduled Banks 0.00 0.00(b) With Non-Scheduled Banks(c) With Institutions(d) Others

(2) On Savings Accounts :(a) With Scheduled Banks(b) With Non-Scheduled Banks(c) Post Office Savings Accounts(d) Others

Sub Total(3) On Loans :

(a) Employees/Staff 0.00 0.00(b) Others

Sub Total 0.00 0.00(4) Interest on Debtors and Other ReceivablesTotal Tea Board Tea Fund 0.00 0.00(B) Loan Scheme(1) On term Deposits :

(a) With Scheduled Banks 7,61,22,928.17 7,98,53,050.57(b) With Non-Scheduled Banks(c) With Institutions(d) Others

Sub Total 7,61,22,928.17 7,98,53,050.57

Amount Rs.

37


(2) On Savings Accounts :(a) With Scheduled Banks(b) With Non-Scheduled Banks(c) Post Office Savings Accounts(d) Others

Sub Total(3) On Loans :

(a) Employees/Staff(b) Others 4,70,24,716.90 4,70,05,238.74

Sub Total 4,70,24,716.90 4,70,05,238.74(4) Interest on Debtors and Other ReceivablesTotal Loan Scheme 12,31,47,645.07 12,68,58,289.31SPTFFrom Capital Account 8,97,85,807.58 3,10,53,882.50Autosweep 1,11,63,988.70 13,88,372.00With Schedule Bank 11,34,29,529.44Total SPTF 10,09,49,796.28 14,58,71,783.94

Total Interest Earned 22,40,97,441.35 27,27,30,073.25

18. OTHER INCOMETea Board Tea Fund(1) Profit on Sale/disposal of Assets

(a) Owned assets 1,31,524.23 0.00(b) Assets acquired out of grants, or received free

of cost(c) Registration Fee (Darjeeling CTM)

(2) Common Expenses Realised from Plan Funds 0.00 13,63,40,000.00(3) Fees for Miscellaneous Services(4) Miscellaneous Income (Specify)

Sale of Green Leaves 10,58,677.00 7,87,915.25Tender Fees 11,600.00 74,000.00Application Money 2,93,000.00 1,66,750.00Guarantee Money recd from Tea Centre Mumbai 27,50,000.00 28,50,000.00Interest on FD 1,17,33,802.00 1,14,62,405.44Int on Advance 14,76,244.65 8,89,954.60Sale of Old Newspaper/Publication etc. 2,55,374.00 1,83,588.00Guest House Collection 1,94,000.00Enlistment fees 4,08,000.00Participation fees for Fairs/Exhibition 4,37,000.00

Total Tea Board Tea Fund 1,87,49,221.88 15,27,54,613.29

Amount Rs.

38


Loan Scheme(1) Profit on Sale/disposal of Assets

(a) Owned assets(b) Assets acquired out of grants, or received free

of cost(2) Export Incentives realized(3) Fees for Miscellaneous Services(4) Miscellaneous Income (Specify)

(a) Sundry Items written BackTotal Loan Scheme

SPTFLoan Processing Charges 6,46,322.00Interest on Advances (including penal Interest) 4,03,85,709.24Preclosure charges 8,826.00Documentation charges of earlier year 1,500.00Adjustment relating to earlier year 37,001.00Total SPTF 4,10,79,358.24

Total Other Income 5,98,28,580.12 15,27,54,613.29

19. GOODS AND WORKS-IN PROGRESS(a) Closing stock

Finished GoodsWork-in-progress

(b) Less : Opening stockFinished GoodsWork-in-progress

Net increase/decrease (a – b)

20. ESTABLISHMENT EXPENSESNon Plan Tea Board Tea Fund(a) Salaries and Wages 10,76,83,818.50 11,41,62,979.00(b) Allowances and Bonus 10,95,80,213.50 9,51,35,939.00(c) Contribution to Provident Fund 31,18,864.00 27,89,818.00(d) Contribution to Other Funds (Specify)(e) Staff Welfare Expenses 2,43,74,067.70 1,99,73,775.28(f) Expenses on Employees Retirement and Terminal 12,28,37,752.00 11,09,90,178.00

Benefits(g) Others (Speficy) 36,75,94,715.70 34,30,52,689.28

Amount Rs.

39


21. OTHER ADMINISTRATIVE EXPENSES ETC.

Non Plan Tea Board Tea Fund

(a) Purchases

(b) Insurance 2,11,783.00 2,53,961.00

(c) Repairs and Maintenance 56,10,698.45 45,42,655.00

(d) Electricity & Power 57,83,832.00 65,18,034.00

(e) Water Charges 2,16,482.00 37,899.00

(f) Rent, Rates and Taxes 36,87,090.00 23,81,845.00

(g) Vechile Running and Maintenance 17,29,209.00 15,80,682.00

(h) Postage, Telephone and

Communication charges 25,95,867.20 29,51,576.80

(i) Printing and Stationey 20,86,294.00 15,43,439.89

(j) Auditors Remuneration 12,00,000.00 8,00,000.00

(k) Hospitality Expenses 8,04,290.00 6,83,563.00

(l) Professional Charges 20,60,047.00 12,15,212.00

(m) Freight & Forwarding charges

(n) Advertisement and Publicity 1,76,087.00

(o) Subscription expenses

(p) Travelling expenses 64,80,282.00 78,25,370.00

(q) Others

(a) Training 21,000.00 3,861.00

(b) Library 1,80,584.00 2,01,535.00

(c) Implementation of offical Language 2,51,947.00 1,86,324.00

(d) Expenditure on Tea waste Control 331.00 0.00

(e) Expenditure for running Tea Bars 47,80,453.00 37,71,160.00

(f) Sundry Expenses 1,07,06,392.50 1,03,80,301,76

(g) Loss on sale of Assets 43,608.11

(h) Crockeries 20,665.00 14,487.00

Total Tea Board Tea Fund 4,84,27,247.15 4,51,11,601.56

Amount Rs.

40


Loan Scheme(z) Others (Specify)

Bank Charges 975.00 6,227.00Legal Charges 11,39,520.00 7,19,629.00Other Expenses 31,66,666.00 94,44,564.00

Total Loan Scheme 43,07,161.00 1,01,70,420.00

SPTFTelephone & Internet 34,494.00 6,713.00Advisory Services Fees 78,75,425.00 66,89,500.00Internal Audit Fees 6,35,328.00 6,35,328.00Loan Appraisal/Rating/Review fees 5,08,230.00 4,63,261.00Bank Charges 29,963.50 70,862.00General Expenses 47,998.00 40,087.00Computer Expenses 5,66,945.00 10,35,106.00Advertisement Expenses 1,30,252.00 1,00,000.00E-TDS Processing Charge 1,745.00 1,163.00TDS Return Filling fees 24,818.00Printing & Stationery 4,157.00Maintenance Charges 2,237.00Softwares Expenses 13,500.00Server Space Charges 15,992.00Meeting Expenses 3,45,549.00Security Charges 16,86,978.00 11,71,902.00Travelling & Conveyence 6,82,324.00 4,15,091.00Interest paid on TDS 954.00Fooding and lodging expenses (Jorhat) 10,470.00Scheme Evaluation Expenses 23,16,300.00LPF Refunded (relating to earlier year) 23,38,279.00Bank Inspection Charges 43,150.00Legal Charges 35,500.00Penal Interest 9,747.00Postage & Telegram Charges 37,667.00 20,126.00Repair & Maintenance of Building 20,31,000.00Annual Hosting Charges 61,768.00Total SPTF 1,73,46,361.50 1,27,93,548.00

Total Other Administrative Expenses etc 7,00,80,769.65 6,80,75,569.56

Amount Rs.

41


22. EXPENDITURE ON GRANTS, SUBSIDIES ETC.Non Plan Tea Board Tea Fund(a) Grants given to Institutions/Organisations(b) Subsidies given to Institutions/OrganisationsTotal 0.00 0.00

23. INTERESTLoan Scheme(a) On Fixed Loans(b) On Other Loans (including Bank Charges) 1,02,25,000.00 1,46,30,000.00(c) Others (specify)

SPTF(a) On Fixed Loans 3,95,85,313.00 3,08,94,228.00

TOTAL 4,98,10,313.00 4,55,24,228.00


Amount Rs.

43

��

��

44

Amount AmountRECEIPTS Rs. Rs.

1. Opening Balance

Cash in hand 22,287.77

Cash at Corporation Bank, Kolkata 5,363.00

Cash at Central Bank of India (1), Kolkata 10,804.98

Cash at Central Bank of India (2), Kolkata 10,187.80

Cash at State Bank of India, Kolkata 2,00,809.52

Cash at State Bank of India, Kochi (Lic) 51.00

Cash at State Bank of India, Guwahati (Lic) 17,900.00

Cash at Corporation Bank (Darjeeling CTM) 17,873.64

Cash at UBI, Kolkata 9,407.53

Cash at UBI Bank, Coonoor (Lic) 3,453.002,98,138.24

2. Money received under section 26 of Tea Act 38,07,02,000.00

3. Received from Plan Scheme towards operating cost 7,97,19,400.00

4. Fees realized on a/c of Licenses/TMCO 10,64,750.00

5. Registration fees realized on a/c of DCTM 4,02,044.00

6. Registration fees of HACCP 25,000.00

7. Loan from Revolving Corpus Fund 2,50,00,000.00

48,72,11,332.24

TEA BOARDTEA FUND ACCOUNTRECEIPT & PAYMENT ACCOUNT FOR THE YEAR 2011-2012

45

Amount AmountPAYMENTS Rs. Rs.

1. Administration including Library(a) Pay of Officers 1,91,39,278.00(b) Pay of Establishment 6,45,06,984.50(c) Arrear of 6th CPC 1,16,195.00

(d) AllowancesTravelling Allowances 64,76,231.00Travelling Concession 35,96,235.00Dearness Allowances 4,69,16,518.50House Rent Allowances 1,85,31,202.00Transport Allowances 1,12,81,793.00Honoraria/OT Allowances 5,26,705.00Special Compensatory Allow 20,86,513.00Medical Charges 1,44,29,631.70Children Educational Allow 27,84,695.00Bonus 15,18,093.00Leave encashment of LTC 4,56,592.00

10,86,04,209.20

(e) Other Charges

Rent, Rates & Taxes 32,68,760.00Postage, Telegram & Telephone 25,27,529.20Printing & Stationery 22,14,939.00Office equipments 4,33,233.00Grant in aid to Holiday Home 1,00,000.00Legal Charges 7,94,964.00Foreign service contribution 7,82,791.00Sundry Expenses 1,05,21,249.50Grant in aid to Recreation Club 25,275.00Supply of free tea to staff 7,42,675.00

2,14,11,415.70

19,23,66,666.70

46


B/F 48,72,11,332.24

8. Other Monies ReceivedMiscellaneous Receipt 1,73,82,760.00Interest on Advance 14,76,244.65Sale Proceeds of tea 57,01,171.00 2,45,60,175.65

9. Other ReceiptsProfessional Tax 9,70,743.00Employees’ Contribution to New Pension Scheme 23,49,131.00Pension suspense (instant credit) 7,40,22,507.00Adj. Receipt from MPS Scheme 32,33,973.00Contingent/Medical advance etc. 1,24,99,818.20Suspense Receipt (Daputationist) 13,43,552.00Undisbursed Salary & Allowances 48,22,798.15Advance to PPM, GPO, Kolkata, (HQ) 1,48,516.00Advance to PPM, Coonoor 88,703.00Earnest Money 4,16,330.00Advance to PM, Kochi 19,005.00Advance to Dir. GPO. Kolkata, MMS (LIcensing) 89,469.00Advance to Dir. GPO. Kolkata, MMS (DTD) 33,034.20General Provident Fund 6,50,89,602.00Co-operative Society 1,13,82,370.00Life Insurance Salary Savings Scheme 36,09,176.10Income Tax 61,66,689.00Imprest Holders a/c both cash and bank in transit 5,37,45,073.30Group Savings Life Insurance Scheme 16,24,432.50Recovery of advances from employees 41,29,057.00Encashment of Fixed Deposit 1,31,40,000.00Received from New Pension Scheme (Last Year) 43,369.00Received from HRD Scheme (Last Year) 34,835.00Received from MPS Scheme, Guwahati (Last Year) 1,92,185.00Received from QUPDS Scheme (Coonoor) last year 25,000.00Received from R & D (Coonoor) (Last year) 75,293.00Received from R & D (Coonoor) 2,09,622.87Deposit with Cochin Port Trust 89,179.00 1,56,04,53,463.32

2,07,22,24,971.21

47


B/F 2,14,11,415.70 19,23,66,666.70

Maintenance/repair of Building 18,37,734.00

Hindi Cash Award 47,780.00

Maintenance charges for staff quarters 11,45,545.00

Maintenance/upkeep of machines 15,14,100.00

Hospitality expenses 8,04,290.00

Expenditure of Tea Waste control 331.00

Maintenance/upkeep of cars 17,29,209.00

Insurance 2,11,783.00

Liveries 6,46,012.00

Social security & welfare 0.00

Electricity & Power 57,15,804.00

Operating expenses of Staff canteen 9,50,133.00

Audit Fees 11,34,720.00

Training 21,000.00

Advertisement 0.00

Water Charges 2,15,882.00

Implementation of official language 2,04,167.00

Cash equivalent to leave salary 57,77,198.00

Maintenance of Generator set 3,38,940.00

Consultancy fees 12,62,083.00

Crockeries 20,665.00

Library

Purchase of Books 11,085.00

News papers/periodicals 1,70,792.00

Purchase of Statistical information 0.004,51,70,668.70

Total Administration including Library 23,75,37,335.40

48


B/F 2,07,22,24,971.21

2,07,22,24,971.21

49


B/F 23,75,37,335.40

2. Tea Promotion in India(a) Pay of Officer 28,14,937.00(b) Pay of Establishment 1,99,45,053.00(c) Allowances

Travelling Allowances 4,051.00Travel Concession 65,916.00Dearness Allowances 1,26,79,902.00Transport Allowances 37,29,636.00House Rent Allowances 63,76,266.00Medical charges 4,60,638.00Honoraria/OT allowances 2,52,039.00Special compensatory allowances 42,782.00Bonus 3,38,796.00Children Educational allowances 1,00,103.00

2,40,50,129.00(d) Other charges/contingencies

Rent, Rates & Taxes 4,18,330.00Postage, Telegram & Telephone 68,338.00Printing & Stationery 22,063.00Office equipments 71,585.00Insurance 0.00Sundry Expenses 1,85,143.00Legal Charges 3,000.00Electicity & Power 68,028.00News Papers/periodicals 9,792.00Cash equivalent to leave salary 18,99,893.00Supply of free tea to staff 14,962.00Maintenance/repair of building/Guest House 36,541.00Maintenance/repair of Machine 28,134.00Water Charge 600.00

28,26,409.00

28,43,47,454.40

50


B/F 2,07,22,24,971.21

2,07,22,24,971.21

51


B/F 28,26,409.00 28,43,47,454.40

Tea Buffet, Udyog Bhawan 11,21,396.00

Tea Bar, Yojana Bhawan 3,85,769.00

Tea Bar, Parliament House 6,19,722.00

Tea Buffet, Ministry of Finance 7,89,607.00

Tea Nook, Tirumala 6,61,067.00

Tea Kiosk, Chennai 4,26,188.00

Tea Center, CMBT, Koyembedu 7,76,704.00

76,06,862.00

Total Tea Promotion in India 5,44,16,981.00

3. Tea Promotion outside India

(a) Pay of officers 9,76,297.00

(b) Allowances 24,68,515.00

Total : Tea Promotion outside India 34,44,812.00

29,53,99,128.40

52


B/F 2,07,22,24,971.21

2,07,22,24,971.21

53


B/F 29,53,99,128.40

4. Advance to employees 30,51,926.00

5. Works 8,16,222.00

6. Pension 11,29,32,009.00

7. Pension arrear of 6th CPC 37,919.00

8. Repayment of loan to Revolving 2,50,00,000.00

Corpus Fund

9. Refund of Operating Cost 7,97,19,400.00

10. Payment of Last year liability :

QUPDS Scheme (Coonoor) 25,000,00

Research & Development (Coonoor) 75,293.00 1,00,293.00

11. Employer’s contribution to New

Pension Scheme 23,36,073.00

12. Other PaymentsProfessional Tax 9,45,442.00

Employees contribution transferredto New Pension scheme 23,37,493.00

Pension Suspense (instant cr.) 6,85,10,000.00

Adj. Payment to MPS Scheme 45,00,000.00

Contingent/Medical adv. etc. 1,27,20,260.00

Suspense Receipt (Deputationist) 13,31,577.00

Undisbursed Salary & Allowances 47,68,973.15

Advance to PPM, GPO, Kol (HQ) 1,60,000.00

Advance to PPM, Coonoor 80,000.00

Earnest Money 2,62,349.00

9,56,16,094.15

51,93,92,970.40

54


B/F 2,07,22,24,971.21

2,07,22,24,971.21

55


B/F 9,56,16,094.15 51,93,92,970.40

Advance to PM Kochi 19,000.00

Advance to Dir GPO Kol, MMS (Lic) 70,000.00

Advance to Dir GPO Kol, MMS (DTD) 40,000.00

General Provident Fund 6,55,73,355.00

Co-operative Society 1,13,83,369.00

Life Insurance Salary saving scheme 35,77,638.80

Income Tax 62,27,047.00

Imprest Holders a/c both cash &

Bank in transit 5,47,53,199.47

Group saving life insurance scheme 14,85,615.50

Investment in Fixed Deposit 1,31,40,00,000.00

1,55,27,45,318.92

2,07,21,38,289.32

56


B/F 2,07,22,24,971.21

2,07,22,24,971.21


57


B/F 2,07,21,38,289.32

13. Closing BalancesCash in hand 5,454.02Cash at Corporation Bank, Kolkata 10,994.00Cash at Central Bank (1), Kolkata 10,490.98Cash at Central Bank (2), Kolkata 7,391.00Cash at State Bank, Kolkata (Disb.) 9,388.19Cash at State Bank, Kolkata (Collection) 10,831.33Cash at State Bank, Kolkata (Lic) 550.00Cash at State Bank, Guwahati (Lic) 19,150.00Cash at Bank of Baroda, Kol, (DCTM) 1,230.64Cash at UBI, Kolkata 10,200.73Cash at UCO Bank, Coonoor (Lic) 1,001.00

86,681.89

2,07,22,24,971.21


58

Salaries & wages Allowances& Bonus

Pay of Officers 2,30,46,707.00

Pay of Establishment 8,44,52,037.50

Deamess Allowances 5,95,96,420.50

House Rent Allowances 2,49,07,468.00

Transport Allowances 1,50,11,429.00

Travelling Concession 0.00

Special Compensatory Allowances 21,29,295.00

Children Education Allowance 0.00

Honoraria/OT Allowances 7,78,744.00

Bonus 18,56,889.00

Foreign Allowances 24,68,515.00

Medical Charges

Grant in aid to Recreation Club

Supply of free tea to staff

Operating expenses for staff canteen

Social Security & welfare

Incentive for voluntary family welfare

Cash equivalent to leave salary

Foreign service contribution

Employers contribution to New Pension

Pension

Liveries

Grant in aid to Holiday Home

Leave encashment on LTC

10,74,98,744.50 10,67,48,760.50

EXPENDITURE (NON-PLAN) 2011-12ESTABLISHMENT EXPENSES (RECEIPT & PAYMENT A/C)

59

Contribution to Staff Welfare Terminal Totalother funds Expenses benefit

2,30,46,707

8,44,52,037.50

5,95,96,420.50

2,49,07,468.00

1,50,11,429.00

36,62,151.00 36,62,151.00

21,29,295.00

28,84,798.00 28,84,798.00

7,78,744.00

18,56,889.00

24,68,515.00

1,48,90,269.70 1,48,90,269.70

25,275.00 25,275.00

7,57,637.00 7,57,637.00

9,50,133.00 9,50,133.00

0.00 0.00

0.00 0.00

0.00 76,77,091.00 76,77,091.00

7,82,791.00 0.00 7,82,791.00

23,36,073.00 0.00 23,36,073.00

0.00 11,29,69,928.00 11,29,69,928.00

6,46,012.00 6,46,012.00

1,00,000.00 1,00,000.00

4,56,592.00 4,56,592.00

31,18,864.00 2,43,72,867.70 12,06,47,019.00 36,23,86,255.70

60

EXPENDITURE As on 31.03.2011 As on 31.03.2012Rs. Rs.

Establishment Expenses 34,30,52,689.28 36,75,94,715.70

Administrative Expenses 4,51,11,601.56 4,84,27,247.15

Depreciation 33,29,646.68 33,81,623.25

Excess of Income overExpenditure 3,06,94,882.12 0.00

42,21,88,819.64 41,94,03,586.10


TEA BOARDTEA FUND ACCOUNTINCOME & EXPENDITURE ACCOUNT FOR THE YEAR 2011-2012

61

INCOME As on 31.03.2011 As on 31.03.2012Rs. Rs.

Money received under section 26,42.67,000.00 38,07,02,000.0026 of Tea ActLess: Capital purchases 13,38,085.00 6,22,420.55

26,29,28,915.00 38,00,79,579.45Add : Operating cost received from Plan Fund 13,63,40,000.00 0.00

39,92,68,915.00 38,00,79,579.45

Fees on Licenses/TMCO 9,56,950.00 10,64,750.00

Registration fees realized on A/c of HACCP 70,000.00 25,000.00

Registration fees realized on A/c of DCTM 3,93,598.00 4,02,044.00

Other Receipts 2,14,99,356.64 2,42,83,602.75

Profit on sale of Assets 0.00 1,31,524.23

Excess of Expenditure over Income 0.00 1,34,17,085.67

42,21,88,819.64 41,94,03,586.10


62

Salaries & wages Allowances& Bonus

Pay of Officers & Staff 10,76,83,818.50

Allowances 10,95,80,213.50

Travelling Concession

Medical Charges

Grant in aid to Recreation Club

Supply of free tea to staff

Operating expenses for Staff Canteen

Social Security & welfare

Incentive for voluntary family welfare

Cash equivalent to leave salary

Foreign service contribution

Pension

Liveries

Grant in aid to Holiday Home

Employers contribution to New Pension

Children Education Allowance

Leave encashment on LTC

TOTAL 10,76,83,818.50 10,95,80,213.50

EXPENDITURE (NON-PLAN) 2011-12ESTABLISHMENT EXPENSES (Income & Expenditure A/C)

63

Contribution to Staff Welfare Terminal Totalother funds Expenses benefit

10,76,83,818.50

10,95,80,213.50

36,62,151.00 36,62,151.00

1,48,91,469.70 1,48,91,469.70

25,275.00 25,275.00

7,57,637.00 7,57,637.00

9,50,133.00 9,50,133.00

0.00 0.00

0.00 0.00

1,00,84,202.00 1,00,84,202.00

7,82,791.00 7,82,791.00

11,27,53,550.00 11,27,53,550.00

6,46,012.00 6,46,012.00

1,00,000.00 1,00,000.00

23,36,073.00 23,36,073.00

28,84,798.00 28,84,798.00

4,56,592.00 4,56,592.00

31,18,864.00 2,43,74,067.70 12,28,37,752.00 36,75,94,715.70

64

Receipt & Income & Expenditure A/cPayment A/c

(a) Purchases

(b) Insurance 2,11,783.00 2,11,783.00

(c) Repairs and Maintenance 56,10,698.45 56,10,698.45

(d) Electricity & Power 57,83,832.00 57,83,832.00

(e) Water Charges 2,16,482.00 2,16,482,00

(f) Rent, Rates and Taxes 36,87,090.00 36,87,090.00

(g) Vechile Running and Maintenance 17,29,209.00 17,29,209.00

(h) Postage, Telephone andCommunication charges 25,95,867.20 25,95,867.20

(i) Printing and Stationery 22,37,002.00 20,86,294.00

(j) Auditors Remuneration 11,34,720.00 0.00

(k) Hospitality Expenses 8,04,290.00 8,04,290.00

(l) Professional Charges 20,60,047.00 20,60,047.00

(m) Freight & Forwarding charges 0.00 0.00

(n) Advertisement and Publicity 0.00 0.00

(o) Subscription expenses 0.00 0.00

(p) Travelling expenses 64,80,282.00 64,80,282.00

(q) Others

(a) Training 21,000.00 21,000.00

(b) Library 1,91,669.00 1,80,584.00

(c) Implementation of official Language 2,51,947.00 2,51,947.00

(d) Expenditure on Tea waste Control 331.00 331.00

(e) Expenditure for running Tea Bars 47,80,453.00 47,80,453.00

(f) Sundry Expenses 1,07,06,392.50 1,07,06,392.50

(g) Loss on sale of Assets

(h) Crockeries 20,665.00 20,665.00

4,72,27,247.15

Provision for Audit fee 2011-12 12,00,000.00

4,85,23,760.15 4,84,27,247.15

TEA BOARDTEA FUND ACCOUNTOTHER ADMINISTRATIVE EXPENSES ETC. 2011-12

65

��

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66

LIABILITIES Schedule As on 31.03.2011 As on 31.03.2012Rs. Rs.

Capital Account A 9,73,71,724.12 9,80,01,800.82

Current Liabilities B 18,07,064.86 21,61,144.16

Other Liabilities C 5,65,99,168.00 6,42,85,777.87

15,57,77,956.98 16,44,48,722.85


TEA BOARDTEA FUND ACCOUNTBALANCE SHEET AS ON 31ST MARCH, 2012

67

ASSETS Schedule As on 31.03.2011 As on 31.03.2012Rs. Rs.

Fixed Assets E 3,19,11,205.93 2,90,79,677.61

Advance/Deposits F 88,28,103.09 86,60,192.06

Other Assets G 3,70,03,851.29 3,33,06,619.19

Interest free Loan to TTCI H 5,73,57,642.87 5,73,57,642.87

Closing Balance I 2,98,138.24 86,681.89

Excess of expenditure over income D 2,03,79,015.56 3,59,57,909.23

15,57,77,956.98 16,44,48,722.85


68

CAPITAL ACCOUNT As on 31.03.2011 As on 31.03.2012Rs. Rs.

Balance 9,58,97,660.22 9,73,71,724.12

Add : Purchase during the year 13,38,085.00 6,22,420.55

9,72,35,745.22 9,79,94,144.67

Add : Previous year Adj. of Asset 1,35,978.90

Add : Adjustment during the year 37,457.15

9,80,31,601.82Less : expenditure on Capital purchase excess shown 2002-03 29,801.00

TOTAL 9,73,71,724.12 9,80,01,800.82


SCHEDULE FORMING PART OF THE BALANCE SHEETAS ON 31ST MARCH, 2012SCHEDULE : ‘A’ CAPITAL ACCOUNT

69

CURRENT LIABILITIES As on 31.03.2011 As on 31.03.2012Rs. Rs.

Earnest Money 6,53,274.84 8,07,255.84

Income Tax 4,29,376.29 3,69,018.29

Co-operative Society 1,09,042.74 1,08,043.74

Undisbursed Salary & Allowances 3,17,404.84 3,71,229.84

Life Insurance Salary Savings Scheme 24,115.95 55,653.25

Suspense Receipt 98,494.62 1,10,469.62

Professional Tax 81,236.99 1,06,537.99

Group Savings Life Insurance Scheme 94,118.59 2,32,935.59

TOTAL 18,07,064.86 21,61,144.16


SCHEDULE FORMING PART OF THE BALANCE SHEETAS ON 31ST MARCH, 2012SCHEDULE : ‘B’ CURRENT LIABILITIES

70

OTHER LIABILITIES As on 31.03.2011 As on 31.03.2012Rs. Rs.

Bills Payable 2,11,53,168.00 2,86,18,517.00

Payable to Govt. on A/c of TTCI 3,54,46,000,00 3,54,46,000.00

Payable on account of Employee’s Contribution to N.P.S. 11,638.00

Payable to R & D (Coonoor) 2,09,622.87

TOTAL 5,65,99,168.00 6,42,85,777.87


SCHEDULE FORMING PART OF THE BALANCE SHEETAS ON 31ST MARCH, 2012SCHEDULE : ‘C’ OTHER LIABILITIES

71

As on 31.03.2011 As on 31.03.2012Rs. Rs.

Balance B/F from last year(Excess Expenditure Over Income) 5,16,67,987.68 2,03,79,015.56

Add/Less : Brought forward fromIncome & Expenditure Account –3,06,94,882.12 1,34,17,085.67

2,09,73,105.56 3,37,96,101.23

2009-10 2010-11

Add/Less : Provision for audit fees 12,00,000.00 8,00,000.00

Expenditure during the year 6,05,910.00 –11,34,720.00 –5,94,090.00 3,34,720.00

2,03,79,015.56 3,41,30,821.23Add : Expenditure on A/c of Bonus for 2010-11 paid in 2011-12, provision not made earlier 18,56,889.00

3,59,87,710.23Less : Expenditure on A/c capital expenditure excess shown in 2002-2003 29,801.00

TOTAL 2,03,79,015.56 3,59,57,909.23


SCHEDULE FORMING PART OF THE BALANCE SHEETAS ON 31ST MARCH, 2012SCHEDULE : ‘D’ EXCESS OF EXPENDITURE OVER INCOME

72

GROSS BLOCK

ITEM Value as on Adjustment01.04.11

Land 11,36,858.85 0.00

Residential Building 43,37,012.20 0.00

Office Building 47,93,175.00 0.00

Leasehold Building 1,29,14,015.30 0.00

Vehicle 4,62,274.13 0.00

Plant & Machinery 14,73,013.84 665.10

Furniture/Fixture 38,37,697.11 34,502.43

Office Equipment 5,40,614.60 1,350.21

Computer & Peripherals 8,05,599.98 939.41

Electric Installations 93,164.06 0.00

Tube Well & Water Supply 57,855.03 0.00

DTRC Building 4,00,409.10 0.00

DTRC Furniture 99,762.30 0.00

Library Books 9,59,754.43 0.00

TOTAL 3,19,11,205.93 37,457.15


TEA BOARD TEA FUND A/CSCHEDULE FORMING PART OF THE BALANCE SHEETAS ON 31ST MARCH, 2012SCHEDULE : ‘E’ FIXED ASSETS

73

NET BLOCK

Value after Addition during Sold/written off Depreciation VALUE AS ONAdjustment the year 31.03.2012

11,36,858.85 0.00 0.00 0.00 11,36,858.85

43,37,012.20 0.00 0.00 2,16,850.61 41,20,161.59

47,93,175.00 0.00 0.00 4,79,317.50 43,13,857.50

1,29,14,015.30 0.00 0.00 13,91,401.53 1,15,22,613.77

4,62,274.13 0.00 35,505.69 64,015.27 3,62,753.17

14,73,678.94 83,555.00 0.00 2,21,051.83 13,36,182.11

38,72,199.54 4,02,494.55 52,471.23 4,05,566.46 38,16,656.40

5,41,964.81 49,920.00 20,741.88 52,122.58 5,19,020.35

8,06,539.39 71,716.00 1,063.97 4,83,285.66 3,93,905.76

93,164.06 3,650.00 0.00 9,316.42 87,497.64

57,855.03 0.00 0.00 8,678.25 49,176.78

4,00,409.10 0.00 0.00 40,040.91 3,60,368.19

99,762.30 0.00 0.00 9,976.23 89,786.07

9,59,754.43 11,085.00 0.00 0.00 9,70,839.43

3,19,48,663.08 6,22,420.55 1,09,782.77 33,81,623.25 2,90,79,677.61


74

ADVANCE As on 31.03.2011 As on 31.03.2012Rs. Rs.

Advance to Board’s staff 67,57,465.63 56,80,334.63

Permanent advance to S.O. (Stores) 1,000.00 1,000.00

Permanent advance to Security officer 1,000.00 1,000.00

Permanent advance to I/c Despatch 100.00 100.00

Permanent advance to I/c Packing 750.00 750.00

Permanent advance to I/c Licensing 100.00 100.00

Permanent advance to I/c Tea Room 5,000.00 5,000.00

Permanent advance to Librarian 200.00 200.00

Permanent advance to Statistician 50.00 50.00

Permanent advance to Asstt. Secretary 250.00 250.00

Permanent advance I/c Guest house 500.00 500.00

Permanent advance to S.O. (Sectt.) 1,000.00 1,000.00

Permanent advance to TC, Mumbai 8,000.00 8,000.00

Advance to PPM, GPO. Kolkata (HQ) 3,967.00 15,451.00

Advance to PPM, GPO. Kolkata (Lic) 84.78 84.78

Advance to PM, Kurseong 2,875.00 2,875.00

Advance to PM, Coonoor 9,230.00 527.00

Advance to PM, Cochin 9,271.99 9,266.99

Advance to PPM, GPO, Kolkata (DTD) 1,818.75 1,818.75

Advance to Dir. GPO. Kolkata, MMS (Lic) 6,356.40 –13,112.60

Advance to Dir. GPO. Kolkata, MMS (DTD) –6,077.80 888.00

Rent Adv. (Chennai) 2,00,000.00 2,00,000.00

Registered cover & revenue 415.00 415.00

Imprest Holders A/c 17,05,567.34 27,13,693.51

87,08,924.09 86,30,192.06

Total Advance/Deposit 86,60,192.06


SCHEDULE FORMING PART OF THE BALANCE SHEETAS ON 31ST MARCH, 2012SCHEDULE : ‘F’ ADVANCE/DEPOSITS

75

DEPOSITS As on 31.03.2011 As on 31.03.2012Rs. Rs.

Deposit for Telephones, Lucknow 8,000.00 8,000.00

Deposit with Cochin, Port Trust 89,179.00 0.00

Deposit for Telex, HO 10,000.00 10,000.00

Deposit for Telephone, Coonoor 12,000.00 12,000.00

1,19,179.00 30,000.00


76

As on 31.03.2011 As on 31.03.2012Rs. Rs.

Miscellaneous Stores 15,92,363.00 17,43,071.00

Contingent/Medical Advance etc. 14,06,122.17 16,26,563.97

Pension Suspense Instant (Cr.) 3,23,24,032.27 2,68,11,525.27

3,53,22,517.44 3,01,81,160.24

Total Other Assets 3,33,06,619.19


SCHEDULE FORMING PART OF THE BALANCE SHEETAS ON 31ST MARCH, 2012SCHEDULE : ‘G’ OTHER ASSETS

77

BILLS RECEIVABLE As on 31.03.2011 As on 31.03.2012Rs. Rs.

Tea Bar, Yozana Bhawan 2,11,570.00 2,42,210.00

Tea Buffet, Udyog Bhawan 1,95,480.25 1,53,456.75

Tea Buffet, Ministry of Finance 1,15,231.25 1,02,805.25

Tea Buffet, Parliament House 86,278.35 74,821.95

Receivable from MDEP (Guwahati) 1,92,185.00 0.00

Receivable from GPF 6,06,869.00 10,90,622.00

Receivable from HRD 34,835.00 0.00

Receivable from Employees Contribution (NPS) 43,369.00 0.00

Receivable from MPS 1,95,516.00 14,61,543.00

16,81,333.85 31,25,458.95


78

As on 31.03.2011 As on 31.03.2012Rs. Rs.

Interest Free Loan To TTCI 5,73,57,642.87 5,73,57,642.87

5,73,57,642.87 5,73,57,642.87


SCHEDULE FORMING PART OF THE BALANCE SHEETAS ON 31ST MARCH, 2012SCHEDULE : ‘H’ INTEREST FREE LOAN TO TTCI

79

As on 31.03.2011 As on 31.03.2012Rs. Rs.

Cash in hand 22,287.77 5,454.02

Cash at Corporation Bank, Kolkata 5,363.00 10,994.00

Cash at Central Bank of India, Kolkata (1) 10,804.98 10,490.98

Cash at Central Bank of India, Kolkata (2) 10,187.80 7,391.00

Cash at State Bank of India, Kolkata (Disbursement) 2,00,809.52 9,388.19

Cash at State Bank of India, Kolkata (Collection) 10,831.33

Cash at United Bank of India, Kolkata 9,407.53 10,200.73

Cash at State Bank of India, Cochi (Lic) 51.00 550.00

Cash at State bank of India, Guwahati (Lic) 17,900.00 19,150.00

Cash at UBI Bank, Coonoor, (Lic) 3,453.00 1,001.00

Cash at Bank of Baroda (DCTM) 17,873.64 1,230.64

2,98,138.24 86,681.89


SCHEDULE FORMING PART OF THE BALANCE SHEETAS ON 31ST MARCH, 2012SCHEDULE : ‘I’ CASH & BANK BALANCES

81

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82

RECEIPTS Amount (Rs.) Amount (Rs.)

Opening BalanceB.O.B. 12,38,296.34S.B.I. 1,52,54,664.66 1,64,92,961.00

Receipt From Tea Fund during the yearOn Account of Subscription last year 7,000.00On Account of Loan recovery last year 0.00On Account of Subscription (Current year) 4,63,82,972.00On Account of Loan recovery (Current year) 34,71,796.00 4,98,61,768.00

Received on Encashment of TDSBank of Baroda 1,50,00,000.00State Bank of Hyderabad 0.00 1,50,00,000.00

Received from Tea Bard Tea fund 50,00,000.00

Recovery of Interest 582.00

Interest on TDSState Bank of Hyderabad 0.00Bank of Baroda 12,04,714.00 12,04,714.00

Interest on S/B A/csS.B.I. 5,46,424.00B.O.B 66,021.00 6,12,445.00

TOTAL 8,81,72,470.00


TEA BOARDGENERAL PROVIDENT ACCOUNTRECEIPTS & PAYMENTS ACCOUNTS FOR THE PERIOD ENDED 31.03.12

83

PAYMENT Amount (Rs.) Amount (Rs.)

Investments on TDSState Bank of Hyderabad 0.00LIC Housing Finance 0.00State Bank of India 2,50,00,000.00 2,50,00,000.00Refund to T.B.T.F.On Account of Subscription last year 0.00On Account of Loan/F.S./FW last year 5,30,976.00On Account of Loan/F.S./FW (Current year) 1,05,28,277.00 1,10,59,253.00

Payment to Tea Board Tea Fund 50,00,000.00Payment of Loan/F.S./F.W. from GPF 4,02,62,572.00

Misc. Exps (Service Charge) 1,968.00

Closing BalanceB.O.B. 0.00S.B.I. 68,48,677.00 68,48,677.00

TOTAL 8,81,72,470.00


84

EXPENDITURE 2010-11 2011-12

Amount (Rs.) Amount (Rs.)

Interest Payable to Subscribers 1,40,45,169.00 1,56,94,639.00

Misc. Exps (Service Charge) 900.00 1,968.00

Excess of Income over Expenditure 49,73,439.66 43,13,231.00

TOTAL 1,90,19,508.66 2,00,09,838.00


TEA BOARDGENERAL PROVIDENT ACCOUNTINCOME & EXPENDITURE A/C FOR THE YEAR 31.03.12

85

INCOME 2010-11 2011-12

Amount (Rs.) Amount (Rs.) Amount (Rs.)

Interest on S/B A/c 8,03,848.00 6,12,445.00

Interest Received on TDs 15,39,128.66 12,04,714.00Less : Last year’s Accrued Interest 5,99,836.00 6,04,878.00

Accrued Interest Receivable on TDs 1,66,76,532.00 1,87,92,515.00

TOTAL 1,90,19,508.66 2,00,09,838.00


86

LIABILITIES 2010-11 2011-12


Subscription as per Schedule A 19,03,76,078.00 20,48,37,560.00

Liabilities towards C.P.F. Contributionas per last year’s Balance Sheet 36,92,240.35 36,92,240.35

Nett amount payable to Tea Fundas per Schedule ‘C’/C 5,91,795.00 3,47,640.00

Excess Income over Expenditureas per last year’s Balance Sheet 7,16,23,413.65 7,16,23,413.65Add : Excess of Income over Expenditure (As per Current Year) 43,13,231.00

7,59,36,644.65Less : Accrued Interest excess shown last year 12,02,262.00

7,47,34,382.65Less : Interest less shown last year 106.00

7,47,34,276.65Add : Interest recovered as per last year 582.00 7,47,34.858.65

Interest payable to Retired Officials 17,361.00

TOTAL 26,62,83,527.00 28,36,29,660.00


TEA BOARDGENERAL PROVIDENT ACCOUNTBALANCE SHEET AS ON 31.03.12

87

ASSETS 2010-11 2011-12


Investment as per Schedule B 23,13,32,977.00 24,13,32,977.00

Accrued Interest Receivableas per last year B/S 1,84,57,589.00 1,84,57,589.00Less : Accrued interest excess shown last year 12,02,262.00

1,72,55,327.00Add : Accrued Interest receivable during the year 1,87,92,515.00

3,60,47,842.00Less : Accrued interest received during the year 5,99,836.00 3,54,48,006.00

Closing Balance 0.00BOB 12,38,296.34 0.00SBI 1,52,54,664.66 68,48,677.00 68,48,677.00

TOTAL 26,62,83,527.00 28,36,29,660.00


88

2010-11 2011-12


Liabilities as per last year’s Balance Sheet 19,03,76,078.00 19,03,76,078.00Add : Subscription less shown last year 1,700.00

19,03,77,778.00Add : Interest less shown last year 106.00

19,03,77,884.00Add : Amount received from T.B.T.F. during the year on A/c of Subs & Loan recovery as per Schedule ‘C’/A. 4,95,73,247.00

23,99,51,131.00Less : Payment of Loan/F.W/F.S as per Schedule ’C’/B 5.07,90,849.00

18,91,60,282.00Add : Interest payable to Subscriber 1,56,94,639.00

20,48,54,921.00Less : Interest Payable to retired officials 17,361.00 20,48,37,560.00

TOTAL 19,03,76,078.00 20,48,37,560.00


SCHEDULE FORMING PART OF THE BALANCE SHEETAS ON 31ST MARCH, 2012SCHEDULE A : SUBSCRIPTION

89

2010-11 2011-12


Investment with B.O.B. 1,50,00,000.00 1,50,00,000.00Less : Encashment during the year 1,50,00,000.00

0.00

Investment with State Bank of Hyderabadas per last year 3,15,32,977.00 3,15,32,977.00 3,15,32,977.00

Investment with LIC Housing as perlast year 1,98,00,000.00 17,18,09,038.00 1,98,00,000.00

3,15,32,977.00

Investment with sardar Sarabar NarmadaProject as per last year 9,00,00,000.00 20,33,42,015.00 9,00,00,000.00

–3,50,00,000.00

Investment with Kelara Transport financeas per last year 5,00,00,000.00 5,00,00,000.00

Investment with SBI as per last year 2,50,00,000.00 2,50,00,000.00Add : Investment during the year 2,50,00,000.00 5,00,00,000.00

TOTAL 23,13,32,977.00 24,13,32,977.00


SCHEDULE FORMING PART OF THE BALANCE SHEETAS ON 31ST MARCH, 2012SCHEDULE B : INVESTMENT

90

2010-11 2011-12

Amount (Rs.) Amount (Rs.) Amount (Rs.) Amount (Rs.)

(A) Subscription and Loan recovery 4,76,09,947.00

Received by TBTF 4,98,54,768.00

Add : Received by GPF 0.00

4,98,54,768.00

Less : Excess receipt from TBTF 2,81,521.00 4,95,73,247.00

(B) Payment of Loan/F.W./F.S. 4,78,18,075.00

Loan/F.W./F.S. paid through GPF 4,02,62,572.00

Loan/F.W./F.S. paid through TBTF 1,05,28,277.00

5,07,90,849.00

Loan/F.W./F.S. paid through TBTF last yr. 5,30,976.00

Less : Paid to TBTF during the yr. 5,30,976.00 0.00 5,07,90,849.00

(C) Nett payable to TBTF 5,91,795.00

Nett amount payable to TBTF as perlast year 5,91,795.00

Less : Paid during the year 5,30,976.00

60,819.00

Add : Subscription received as perlast year 7,000.00

67,819.00

Add : Excess receipt of Subscriptionand loan recovery during the year 2,81,521.00

3,49,340.00

Less : Subscription 1,700.00 3,47,640.00


SCHEDULE FORMING PART OF THE BALANCE SHEETAS ON 31ST MARCH, 2012SCHEDULE C : RECEIVABLE / PAYABLE OF TBTF

92

RECEIPTS Amount (Rs.) Amount (Rs.)

Opening BalanceCorporation Bank 16,128.09

Received from TBTFOn Account of Employee’s Contribution Delhi 2,95,184.00Head Office 20,40,889.00 23,36,073.00

On Account of Employer’s Contribution 23,36,073.00

Received interest on S/B A/c 1,088.00

Encashment of C.L.F.D.Principal 1,47,56,455.57interest 2,46,581.36 1,50,03,036.93

Encashment of C.L.K.C.C.Principal 12,42,015.01Interest 70,471.19 13,12,486.20

Encashment of K.C.C.PrincipalInterest

Encashment of Other ReceiptPrincipal 2,65,000.00Interest 5,285.00 2,70,285.00

Bank Transferred 94,54,500.22Other Receipt 1,057.00

TOTAL 3,07,30,727.44


TEA BOARDNEW PENSION SCHEMERECEIPTS & PAYMENTS ACCOUNTS FOR THE PERIOD ENDED 31.03.12

93


InvestmentCorporation Bank (CLFD) 85,40,000.00State Bank (Term Deposit) 80,00,000.00

Bank Charge 1,697.00

Bank Transferred 94,54,500.22

Other Payment (J. Biswas) 2,70,969.00Other Payment (J. Biswas) 1,057.00

Closing BalanceCorporation Bank 0.00State Bank of India 44,62,504.22 44.62,504.22

TOTAL 3,07,30,727.44


94

EXPENDITURE 2011-12


Interest Payable to Subscribers 8,97,925.00


TOTAL 8,99,622.00


TEA BOARDNEW PENSION SCHEMEINCOME & EXPENDITURE A/C FOR THE YEAR ENDED 31.03.12

95

INCOME 2011-12


Interest received on S/B A/c 1,088.00Interest on CLKCC 70,471.19Interest received on CLFD 2,46,581.36

Accrued interest on FD 4,06,602.00

Excess on Expenditure overIncome 1,74,879.45

TOTAL 8,99,622.00


96

LIABILITIES 2011-12


Liabilities as per last year’s B/s 87,39,943.00Add : Contribution received during the year 46,72,146.00

1,34,12,089.00Add : interest 8,97,925.00 1,43,10,014.00

Net amount payable to TBTF as perlast year 4,478.00

Other Receipt as per last year 2,65,684.00Add : Other receipt with (current year) 1,057.00Add : Interest on other receipt 5,285.00

2,72,026.00Less : Payament made during the year 2,72,026.00 0.00

TOTAL 1,43,14,492.00


TEA BOARDNEW PENSION SCHEMEBALANCE SHEET AS ON 31.03.12

97

ASSETS 2011-12


InvestmentsState Bank (Term Deposit) 80,00,000.00UCO Bank (last year) 10,00,000.00Corporation Bank (CLTD) as perlast year 62,16,455.57Add : investment during the year 85,40,000.00

1,47,56,455.57Less : encashment during the year 1,47,56,455.57 0.00

Corporation Bank (CLKCC) as perlast year 12,42,015.01Less encashment during the year 12,42,015.01 0.00

Other Investment 2,65,000.00Less : encashment during the year 2,65,000.00 0.00

Accrued interest as per schedule X 6,17,898.00

Excess of expenditure over Income as per last year 26,580.33Add : Accrued interest excessshown last year 32,630.00

59,210.33Add : Excess of Expenditure current year 1,74,879.45 2,34,089.78Closing BalanceCorporation Bank 0.00SBI 44,62,504.22 44,62,504.22

TOTAL 1,43,14,492.00


98

ACCRUED INTEREST 2011-12

Amount (Rs.)

Accrued interest as per last B/S 2,43,926.00Less : Accrued interest excess shown last year 32,630.00

2,11,296.00Add : Accrued interest (Current year) 4,06,602.00

TOTAL 6,17,898.00


SCHEDULE FORMING PART OF THE BALANCE SHEETAS ON 31ST MARCH, 2012SCHEDULE X : ACCRUED INTEREST

99

��

101

NAME OF THE SCHEME Received Recovery of EXPENDITUREfrom Govt. Loan & interest

Revolving corpus fund for loan Scheme 0.00 No disbursement of loan

Recovery of Principal 460.59Interest 472.13Deferred Interest 0.39

933.11

PANORAMIC VIEW OF LOAN SCHEMES 2011-12

Rs. in lakh a

102

RECEIPT

PARTICULARS Amount (Rs.) Amount (Rs.)

Opening Balance as on 01-04-11 :Head Office 4,59,04,063.53Guwahati 2,17,303.56Coonoor 17,86,266.29Brand Promotion Fund 2,64,637.16Sophisticated T Packaging Arrt 4,11,661.51 4,85,83,932.05

Recovery of Principal :Head Office 4,58,70,142.20GuwahatiCoonoor 1,89,156.00 4,60,59,298.20

Recovery of Interest :Head Office 4,71,92,453.82GuwahatiCoonoor 20,885.00

4,72,13,338.82Deferred Interest 38,789.40 38,789.40FD withdrawal :Coonoor 11,28,89,607.00Brand Promotion Fund 16,81,052.00Head Office 25,28,52,046.00 36,74,22,705.00

Loan Refunded :MPS 1,00,00,000.00TBTF (Non plan) 2,50,00,000.00 3,50,00,000.00

Interest on Fixed Deposit :Head Office 3,95,85,794.33Coonoor 1,17,28,781.00Brand Promotion Fund 1,43,037.00 5,14,57,612.33

Suspense (H.O.) 16,08,262.00Coonoor 1,50,954.00

TOTAL 59,75,34,891.80


TEA BOARD REVOLVING CORPUS FUND FOR LOAN SCHEMERECEIPT AND PAYMENT ACCOUNT FOR THE YEAR 2011-12

103

PAYMENT

PARTICULARS Amount (Rs.) Amount (Rs.)

Guwahati (Transfer)H.O. (Transfer)

Legal Charges :Coonoor 6,072.00Head Office 10,50,285.00Guwahati 83,163.00 11,39,520.00

Bank Charges :Head Office 969.00GuwahatiCoonoor 6,00 975.00

Suspense (Guwahati)Suspense (H.O.) 16,08,262.00 16,08,262.00Other exp. (H.O.)Other exp. (Coonoor)Interest Transfer Non-Plan 31,66,666.00 31,66,666.00

Fixed Deposit :Head Office 34,47,00,000.00Brand Promotion FundCoonoor 12,66,66,787.00 47,13,66,787.00

Loan to :Head Office TBTF A/c 2,50,00,000.00MPS 1,00,00,000.00 3,50,00,000.00

Amount paid to Govt. :Principal 3,11,25,000.00Interest 1,02,25,000.00 4,13,50,000.00

Closing Balance :Head Office 4,36,75,756.96Guwahati 1,34,140.56Coonoor 92,784.29Brand Promotion FundSophisticated Tea Packaging Argt 4,39,02,681.80

TOTAL 59,75,34,891.80


104

EXPENDITURE Amount (Rs.)

Bank Charges 975.00Legal Charges 11,39,520.00

Interest Payable to the Govt. 1,02,25,000.00

Interest on Investment Transfer to Non-Plan 31,66,666.00

Excess Income over Expenditure 10,86,15,484.07

TOTAL 12,31,47,645.07


TEA BOARD REVOLVING CORPUS FUND FOR LOAN SCHEMEINCOME & EXPENDITURE ACCOUNTS FOR THE YEAR 2011-12

105

INCOME Amount (Rs.) Amount (Rs.)

Interest received from Tea 4,72,13,338.82Estate during the year

Add : Accured interest during the year 18,56,083.32

Less : Interest Accured Last Year 20,44,705.24 4,70,24,716.90

Interest on Investment including Brand Promotion 5,14,57,612.33during the year

Add : Accured interest during the year 3,89,85,061.41

Less : Interest Accured Last 1,43,19,745.57 Year 7,61,22,928.17

TOTAL 12,31,47,645.07


106

LIABILITIES Amount (Rs.) Amount (Rs.) Amount (Rs.)

Loan from Govt. as per last year A/c 35,71,98,982.10Less : Paid during the year 3,11,25,000.00

32,60,73,982.10Less : Provision for Bad & 2,49,84,975.46Doubtful Debts as per last year A/c

Less : Provision made for current year 2,03,79,045.64 2,03,79,045.64 30,56,94,936.46

46,05,929.82Less : Adjusted 46,05,929.82

Interest payable to Govt. 20,13,28,226.70as per last year account

Add : Interest payable to Govt. during the 1,02,25,000.00 21,15,53,726.70year

Less : Paid during the year 1,02,25,000.00 20,13,28,226.70

Suspense H.O. as per last year 10,48,000.00Suspense Guwahati as per last year 11,60,913.00Suspense Coonoor as per last year 0.00 22,08,913.00

Suspense during the year H.O. 16,08,262.00Suspense during the year Coonoor 1,50,954.00 17,59,216.00

Less : Adjusted Guwahati 0.00 39,68,129.00Less : Adjusted (H.O.) 16,08,262.00 16,08,262.00 23,59,867.00

TEA BOARDREVOLVING CORPUS FUND FOR LOAN SCHEMEBALANCE SHEET AS ON 31.03.12

107

ASSETS Amount (Rs.) Amount (Rs.) Amount (Rs.)

Loan to Tea Estate as per last year A/c : 24,98,49,754.60Head Office at KolkataGuwahati OfficeCoonoor Office

Less : Refund during the yearHead Office : Kolkata 4,58,70,142.20Guwahati Office 0.00Coonoor Office 1,89,156.00 4,60,59,298.20

20,37,90,456.40

Less : Provision for Bad & Doubtful 2,49,84,975.46Debts as per last year account

Less : Provision made for Current year 2,03,79,045.64 2,03,79,045.64 18,34,11,410.76

46,05,929.82

Less : Adjusted against Govt. Loan 46,05,929.82

Bank charge recoverable as per 16,341.22last year A/c

108


Excess of Income over 36,61,97,694.25expenditure as per last year

Less : Last Year’s Excess shown36,61,97,694.25

Add : Excess of Income over 10,86,15,484.07 47,48,13,178.32expenditure during the year

109


Fixed Deposit as per last year A/cHead Office 51,33,85,365.00Guwahati 0.00Coonoor 9,05,44,200.00 60,39,29,565.00

Add : Deposit during the yearH.O. 34,47,00,000.00Guwahati 0.00Coonoor 12,66,66,787.00 47,13,66,787.00

1,07,52,96,352.00Less : Withdrawn during the year :H.O. 25,28,52,046.00Guwahati 0.00Coonoor 11,28,89,607.00 36,57,41,653.00 70,95,54,699.00Cheque collection 9,833.28charges as per last year account

Hirer’s A/c as per last 20,00,000.00year (Brand Promotion)

Interest Accrued but not 4,08,41,144.73received during the year

Deferred Interest A/c as per last year 6,61,318.69

Less interest received during the year 38,789.40 6,22,529.29

110


B/F 98,41,96,208.48

TOTAL 98,41,96,208.48


111


Loan to Tea Board Tea Fund A/c as per 2,50,00,000.00last yearLoan to Tea Board Market Promotion 1,00,00,000.00 3,50,00,000.00Scheme

Less : Received during the year 3,50,00,000.00 0.00

Sales Tax suspense as per last year A/c 1,11,621.40

Fixed Deposit Brand 54,06,999.00Promotion as per last year A/cLess : Withdrawal during the year 16,81,052.00 37,25,947.00

Closing BalanceHead Office 4,36,75,756.95Guwahati 1,34,140.56Coonoor Office 92,784.29Brand Promotion 0.00Sophisticated Tea Packaging Arrangement 0.00 4,39,02,681.80

TOTAL 98,41,96,208.48


113

��

114

NAME OF THE SCHEME Fund Received from Govt.

NE ONETOTAL

Plantation Subsidy Scheme 9,123.31 866.97 1,779.30

Human Resource Dev. Scheme 292.50 1,926.41 4,851.41

Quality Upgradation & Product

Diversification Scheme 2,079.87 1,899.81 3,979.68

Orthodox Tea Production Subsidy

Scheme 1,690.00 5,501,86 7,191.86

Market Promotion Scheme 899.999 1,204.96 2,104.96

Scheduled Caste Sub Plan 1,000.00

Special Purpose Tea Fund 2,324.86 1,990,02 4,314.88

Total Subsidy 8,199.56 11,656.26 20,855.82

Opening Balance 0.44 58.74 59.18

Total for Subsidy 8,200.00 11,715.00 20,915.00

R & D (including Capital) 774.00 368.69 1,142.69

Opening Balance 26.00 31.31 57.31

Total for R & D 800.00 400.00 1,200.00

Total 9,000.00 12,115.00 22,115.00

Others

Market Access Initiative Scheme 200.00

R & D – TRA Centenery 0.00

Opening Balance 5.00

ASIDE Scheme 0.00

Special Fund (AED) Research 620.00

Opening Balance 25.92

Total AED 645.92

Total Others 850.92

Grand Total 9,000.00 12,115.00 22,965.92

TEA BOARDPANORAMIC VIEW OF SUBSIDY SCHEMESFOR THE YEAR 2011-12

115

Subsidy Disbursement Subsidy Disbursement

NE ONE TOTAL

1,194.68 650.03 1,844.71

80.29 385.86 466.15

2,343.27 1,911.72 4,254.99

2,513.56 4,720.03 7,233.59

8,999.99 10,015.51 1,901.55

34.95 896.47 931.42

2,288.33 1,569.79 3,858.12

9,355.079 11,135.451 20,490.53

813.97 1,068.26 1,882.23

10,169.05 12,203.71 22,372.76

60.73

5.00

0.00

636.43

10,169.05 12,203.71 23,074.92

(Rs. in Lakh)

116

RECEIPT Amount (Rs.) Amount (Rs.)

Opening Balance :Head Office 6,842.70Coonoor Office 2,197.25Guwahati Office 16,611.24Agartala Office 786.00Kottayam Office 6,791.80Palampur Office 680.00 33,908.99

Received from Govt.Head Office 4,20,61,900.00Coonoor Office 3,90,00,000.00Palampur Office 1,35,000.00Kottayam Office 35,00,000.00Unemployed youth Scheme (Coonoor) 20,00,000.00Guwahati Office 8,87,13,100.00Agartala Office 25,20,000.00 17,79,30,000.00

Received From :Disbursement return (2011-12) transport Guwahati 19,09,743.00Disbursement return (2011-12) small growers 2,24,365.00Disbursement return SG (Guwahati) 2,09,220.00Prior Period receipt (Coonoor) 6,875.00 23,50,203.00Received from SPTF last year receivable 3,58,15,813.00

TOTAL 21,61,29,924.99


TEA BOARDTEA PLANTATION DEVELOPMENT SUBSIDY SCHEMERECEIPT AND PAYMENT ACCOUNT FOR THE YEAR 2011-12

117


Disbursement during the year :Head Office 2,65,37,595.00Coonoor Office 3,31,24,842.00Guwahati Office 11,97,96,750.00Agartala Office 19,56,911.00Kottayam Office 34,91,277.00Palampur Office 1,30,240.0050% Subsidy to unemployedyouth (Coonoor) 17,15,572.00 18,67,53,187.00

Adm charges (Guwahati) 19,480.00Development Grant (Guwahati) 30,608.00Transfer to SCSP fund (Coonoor) 36,90,000.00 37,40,088.00

Payment of outstanding LiabilitiesQUPDS (Guwahati 2009-10-11) 2,13,25,000.00R & D (Agartala) 5,31,000.00R & D (Coonoor) 23,00,000.00QUPDS (Coonoor) 35,800.00

QUPDS (H.O) 2,60,000.00 2,44,51,800.00

Bank ChargeH.O. 1,990.00Guwahati 6,284.00Agartala 1,136.00Kottayam 1,794.00 11,204.00Closing BalanceH.O. 8,35,070.70Guwahati 1,44,817.24Agartala 31,739.00Kottayam 13,720.80Coonoor 11,555.25Palampur 5,440.00Unemployed youth Scheme(Coonoor) 1,31,303.00 11,73,645.99

TOTAL 21,61,29,924.99


118

EXPENDITURE Amount (Rs.) Amount (Rs.)

Disbursement during the year 18,67,53,187.00Less : Disbursement return(2011-12) transport Guwahati 19,09,743.00

18,48,43,444.00

Less : Disbursement return(2011-12) Small Growers(Guwahati) 2,24,365.00

18,46,19,079.00

Less : Disbursement return(SHG) Guwahati 2,09,220.00 18,44,09,859.00

Development Grant (Guwahati) 30,608.00Adm Charge (Guwahati) 19,480.00Bank Charge 11,204.00

TOTAL 18,44,71,151.00


TEA BOARDTEA PLANTATION DEVELOPMENT SUBSIDY SCHEMEINCOME & EXPENDITURE FOR THE YEAR 2011-12

119


Fund received from Govt. 17,79,30,000.00Add : Unspent Grant 2010-11 33,908.99

17,79,63,908.99

Less : Unspent Grant 2011-12 11,73,645.99 17,67,90,263.00

Excess of Expenditure over Income 76,80,888.00

TOTAL 18,44,71,151.00


120

LIABILITIES Amount (Rs.) Amount (Rs.)

Payable to R&D (Coonoor) 2009-10 23,00,000.00

Less : Paid during the year 23,00,000.00 0.00

Payable to QUPDS Coonoor (2009-10) 35,800.00

Less : Paid during the year 35,800.00 0.00

Payable to QUPDS Guwahati 2,13,25,000.00

Less : Paid during the year 2,13,25,000.00 0.00

Payable to QUPDS H.O. 2,60,000.00


Payable to R&D Agartala 5,31,000.00


Excess of income over

Expenditure as per last year A/c 1,13,64,013.50

Less : Excess of expenditure over income during

the year 76,80,888.00

36,83,125.50

Add : Prior Period receipt 6,875.00 36,90,000.50

Unspent balance Payable to Govt. 11,73,645.99

TOTAL 48,63,646.49


TEA BOARDTEA PLANTATION DEVELOPMENT SUBSIDY SCHEMEBALANCE SHEET AS ON 31ST MARCH, 2012

121

ASSETS Amount (Rs.) Amount (Rs.)

Amount Receivable from SPTF (as per last A/c) 3,58,15,813.50

Less : Received during the year 3,58,15,813.00

0.50

Receivable from SCSP fund Coonoor 36,90,000.00

Closing Balance

H.O. 8,35,070.70

Guwahati 1,44,817.24

Agartala 31,739.00

Kottayam 13,720.80

Coonoor 11,555.25

Palampur 5,440.00

Unemployed youth Scheme (Coonoor) 1,31,303.00 11,73,645.99

TOTAL 48,63,646.49


122


Opening Balance :

Head Office 13,122.00

Coonoor Office 1,25,59,178.00

Guwahati Office 1,42,44,000.00

Kottayam Office 24,40,822.00

Siliguri Office 6,95,000.00

Jalpaiguri (Union Bank of India, Self Help Group) 7,00,47,878.0010,00,00,000.00

Received from PDS (Coonoor) 36,90,000.00

Received from R&D (Coonoor) 2,45,000.0039,35,000.00

TOTAL 10,39,35,000.00


TEA BOARDSCHEDULED CASTE SUB PLAN FUND UNDER PLANTATION DEVELOPMENT SCHEMERECEIPT AND PAYMENT ACCOUNT FOR THE YEAR 2011-12

123



Guwahati Office 34,95,052.00



2,30,92,614.00

Transfer of money to the individual account ofSHG under SCSP Fund 7,00,47,878.00

7,00,47,878.00

Bank Charge


Closing Balance


Coonoor Office 1,208.00


Kottayam Office 20,000.00

Siliguri Office 11,230.001,07,93,000.00

TOTAL 10,39,35,000.00


124


Disbursement during the year


Guwahati Office 34,95,052.00



2,30,92,614.00


Transfer of money to the individual

account of SHG under SCSP Fund 7,00,47,878.00

TOTAL 9,31,42,000.00


TEA BOARDSCHEDULED CASTE SUB PLAN FUND UNDER PLANTATION DEVELOPMENT SCHEMEINCOME & EXPENDITURE FOR THE YEAR 2011-12

125


Fund received from Govt. 17,79,30,000.00






Jalpaiguri (Union Bank of India, Self Help Group) 7,00,47,878.00

10,00,00,000.00

Less : Unspent Grant 2011-12 (–) 1,07,93,000.00

8,92,07,000.00

Add : Excess expenditure over income (+) 39,35,000.00

TOTAL 9,31,42,000.00


126


Amount payable to Govt. 10,793,000.00

Amount payable to PDS Coonoor 3,690,000.00

Amount payable to R & D Coonoor 245,000.00

TOTAL 14,728,000.00


TEA BOARDSCHEDULED CASTE SUB PLAN FUND UNDER PLANTATION DEVELOPMENT SCHEMEBALANCE SHEET AS ON 31ST MARCH, 2012

127


Excess of expenditure over income (Current Account) 39,35,000.00

Closing Balance




Kottayam Office 20,000.00

Siliguri Office 11,230.001,07,93,000.00

TOTAL 14,728,000.00


128


Opening Balance :



Guwahati Office 1,072.14

32,182.64

Fund Received from Govt.

Head Office 9,59,81,000.00



39,79,68,000.00

Previous year’s receipt.

(i) Abhijit Tea Co. Pvt. Ltd. Co. A/c 1,13,726.00

(ii) Disbursement Return (Guwahati A/c.) 51,58,022.00

Fund recovered from PDS A/c out of previous

year’s outstanding loan (Head Office A/c.) 2,60,000.00

Fund recovered from PDS A/c. out of previous

year’s outstanding loan (Guwahati A/c.) 2,13,25,000.00

Amount recouped from Zonal Office A/c. 25,000.00

Amount recouped from PDS A/c. 35,800.00

Bank Charges credited 2,731.00

Bank Interest 10,48,960.00

TOTAL 42,59,69,421.64


TEA BOARDQUALITY UPGRADATION AND PRODUCT DIVERSIFICATION SCHEME (SUBSIDY)RECEIPT AND PAYMENT ACCOUNT FOR THE YEAR 2011-12

129


By disbursement

Head Office 9,71,41,250.00


Guwahati Office 9,40,30,940.00 42,54,24,195.50

Repayment of last year’s liabilityAmt. paid to Orthodox TeaProduction Subsidy A/c. 2,30,276.00

Admn. Charges. (Guwahati A/c.) 74,273.00

Bank ChargesHead Office (For F.Y. 2010-2011) 825.00Guwahati 550.00

By Closing Balance


Coonoor Office 1,56,049.00

Guwahati Office 30,932.14 2,39,302.14

TOTAL 42,59,69,421.64


130


Payment of Subsidy towards QualityUpgradation/ISO/HACCP/Quality Awarness.Programme :

Head Office 9,71,41,250.00


Guwahati Office 9,40,30,940.00 42,54,24,195.50

Adm. Charges(Guwahati A/c.) 74,273.00

Bank Charges(Guwahati A/c.) 550.00

TOTAL 42,54,99,018.50


TEA BOARDQUALITY UPGRADATION AND PRODUCT DIVERSIFICATION SCHEME (SUBSIDY)INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR 2011-12

131


Fund Received from Govt.

Head Office (Kolkata) 9,59,81,000.00



39,79,68,000.00

Add : Unspent Grant (2010-11) 32,182.64

39,80,00,182.64Less : Unspent Grant (2011-2012) 2,39,302.14 39,77,60,880.50

Add : Bank Chagres 2,731.00Add : Bank Interest 10,48,960.00

Excess of expenditure over income 2,66,86,447.00

TOTAL 42,54,99,018.50


132


Unspent Grant payable to Govt. 2,39,302.14

Amt. payable to OTPS Scheme 2,30,276.00

Less : Amount paid to OTPS Scheme in current year 2,30,276.00 ———

Excess of Income Over

Expenditure (Last year A/c.) 2,14,15,524.00

Add : Excess expenditure shown last year

(Prior period adjustment)

Annexure-1 attached 52,70,923.00

2,66,86,447.00

Less : Excess of Expenditure

Over Income

(Current Year’s A/c.) 2,66,86,447.00 ———

TOTAL 2,39,302.14


TEA BOARDQUALITY UPGRADATION AND PRODUCT DIVERSIFICATION SCHEME (SUBSIDY)BALANCE SHEET AS ON 31ST MARCH, 2012

133


Amount Receivable fromPDS (Guwahati) Last Yr. A/c. 2,13,25,000.00Less : Amount received in current Yr.

from PDS (Guwahati) 2,13,25,000.00 ———

Amount Receivable from PDS (H.O.) 2,60,000.00Less : Amount received from PDS (H.O.) 2,60,000.00 ———

Amt. Receivable from PDS (Coonoor)Last Yr. A/c. 35,800.00Less : Amount received in current year

from PDS (Coonoor) 35,800.00 ———

Amount receivable from Zonal ImprestCoonoor (Last year’s A/c.) 25,000.00Less : Amount received in current year

from Zonal Imprest Coonoor 25,000.00 ———

Closing BalanceH.O. 52,321.00Guwahati 1,56,049.00Coonoor 30,932.14 2,39,302.14

TOTAL 2,39,302.14


134

DETAILS OF EXCESS OF EXPENDITURE SHOWN LAST YEAR

1. Previous year’s other receipt M/s. Abhijit Tea Co. Pvt. Ltd. A/c. Rs. 1,13,726.00

2. Previous year’s disbursement return (Guwahati A/c.) Rs. 51,58,022.00

Total Rs. 52,71,748.00

Less :

Previous year’s bank charges (2010-11) shownin the current year (2011-2012) (–) Rs. 825.00

Total Rs. 52,70,923.00

ANNEXURE-1

136


Opening Balance :


Chennai 24,980.00 31,646.15

Fund received from Government : 4,85,14,100.00

Cancellatation of Cheque/D.D

Head Office (2010-11) 37,000.00

Head Office (2011-12) 2,01,212.00

Board’s Chennai Office (2011-12) 1,10,398.00 3,48,610.00

TOTAL 4,88,94,356.15


TEA BOARDHUMAN RESOURCE DEVELOPMENT SCHEMERECEIPT AND PAYMENT ACCOUNT FOR THE YEAR 2011-12

137


Labour Welfare Scheme

Head Office 1,27,93,800.00

Chennai Office 1,51,23,713.00 2,79,17,513.00

Educational Stipend adjusted from previous

year’s short payment (2010-11) 10.00

Training & Seminar 89,98,015.00

Last Year’s Liability 34,835.00

Amt recouped to T.B.T.F.D A/c

IIPM, Bangalore 1,00,00,000.00

(Including applicable TDS @ 10%)

Administrative Expenditure 3,500.00

Bank Charges for previous year

2010-11 (H.O.) 2702.00

Bank Charges (Chennai) 441.00

Bank Charges for current financial year 2011-12 (H.O.)

BOB 1556.00

SBI 5438.00 6994.00

Closing Balance

Head Office 19,19,122.15

Chennai 11,224.00 19,30,346.15

TOTAL 4,88,94,356.15


138


Disbursement during the year 4,69,26,463.00

Less : Cancellation of Cheque/DD 3,11,610.00 4,66,14,853.00

Excess of Income over Expenditure 547.00

TOTAL 4,66,15,400.00


TEA BOARDHUMAN RESOURCE DEVELOPMENT SCHEMEINCOME AND EXPENDITURE ACCOUNT FOR THE YEAR 2011-12

139


Amount received from Government 4,85,14,100.00

Add : Unspent balance of last year (2010-11) 31,646.15

4,85,45,746.15

Less : Unspent balance of (2011-12) 19,30,346.15 4,66,15,400.00

TOTAL 4,66,15,400.00


140


Unspent Grant Payable to Government 19,30,346.15

Liability to Non-Plan 34,835.00

Paid in the Current Year 34,835.00 ———

Liability to R & D 74,601.00

TOTAL 20,04,947.15


TEA BOARDHUMAN RESOURCE DEVELOPMENT SCHEMEBALANCE SHEET AS ON 31ST MARCH, 2012

141


Closing Balance 19,30,346.15

Excess of expenditure overincome (Last year’s Account) 1,09,436.00Less : Excess of income overexpenditure for current year 547.00

1,08,889.00Less : Cancellation ofD.D/Cheque last year 37,000.00

71,889.00Add : Less expenditure shown last year 2,712.00

74,601.00

TOTAL 20,04,947.15


142


Opening Balance

Cash at Bank HO 2,220.93

Cash with DTP/EI Abroad

Cash with DTP London 54,107.00

Cash with DTP Moscow 27,49,493.00

Cash with DTP Dubai 15,68,938.00

Cash with EI Japan 1,24,476.00

Cash at Bank, Coonoor 4,320.13 45,03,555.06

SPTF (Last year) 1,00,00,000.00

Adj. Receipt from TBTF (NP) 45,00,000.00

Revolving Corpus Fund (Loan) 1,00,00,000.00

Grant in Aid 21,04,95,900.00

Earnest/Security/Caution Money 5,00,000.00

Suspense Receipt (HO) 43,04,501.47

Miscellaneous Receipt 13,64,695.00

C/F 24,56,68,651.53

TEA BOARDMARKET PROMOTION SCHEME (MPS)RECEIPT & PAYMENT ACCOUNT FOR THE YEAR 2011-12

143


Overseas Offices 2,03,70,560.00

Market Research 15,25,849.00

Contribution to Tea Councils 46,03,092.00

Domestic Advertisement/Sponsorship 16,61,500.00

Domestic Advertisement (Others) 6,95,048.00

Domestic Fair 14,23,318.00

Gift Item 2,56,961.00

Computer/Website/Promotional Package 21,40,337.00

Paid to Coonoor (R & D) A/c last yr. Liability 84,833.00

Transferred to MAI 1,17,137.00

Adj. Payment TBTF (Non-Plan) 32,33,973.00

Loan Payment :

Revolving Corpus Fund 1,00,00,000.00

Research & Development (Earlier Liability) 2,50,00,000.00

Export Promotion Scheme 28,87,963.00

Purchase of Tea 27,51,403.00

Transport Subsidy (ICD) 7,55,20,243.00

Support of Association 33,79,997.00

Printing Material/Publication 1,78,174.00

Seminar Conference/IITC 38,094.00

Freight & Insurance 23,30,865.00

Deputation-Delegation (out bound) 46,06,791.47

C/F 16,28,06,138.47

144


B/F 24,56,68,651.53

TOTAL 24,56,68,651.53


145


B/F 16,28,06,138.47

Legal & Consultancy Fees 1,52,64,703.00

Suspense Advance 33,98,777.00Earnest/Security/Caution Money 3,35,900.00International Fair & Exhibition 1,05,43,156.00Electronic Auction 3,93,01,114.00

Caddies/Carton/Chestlet 6,73,216.00Bank Charges 2,269.00Closing Balance HO 62,53,892.06Closing Balance (Coonoor)Closing Balance DTP’s/EI AbroadDubai 16,25,853.00Moscow 26,23,970.00London 27,58,802.00EI Japan 80,861.00 13,343,378.06

TOTAL 24,56,68,651.53


146


Expenditure during the year 19,01,54,653.47Less : Capital purchase 39,830.00 19,01,14,823.47

Depreciation during the year 2,53,508.50

Excess of Income over Expenditure 1,26,12,610.03

TOTAL 20,29,80,942.00


TEA BOARDMARKET PROMOTION SCHEME (MPS)INCOME & EXPENDITURE ACCOUNT FOR THE YEAR 2011-12

147


Grant received from Govt. 21,04,95,900.00

Add : Unspent Grant of 2010-11 45,03,555.06

21,49,99,455.06

Less : Unspent Balance of 2011-12 1,33,43,378.06

20,16,56,077.00

Less : Capital purchase during the year 39,830.00 20,16,16,247.00

Miscellaneous Receipt 13,64,695.00

TOTAL 20,29,80,942.00


148

Sl. No. ACTUAL EXPENDITURE 2011-12 Amount (Rs.)

1. Bank Charges 2,269.00

2. Caddies/Cartoon/Chestlett 6,73,216.00

3. Contribution to Tea Councils 46,03,092.00

4. Domestic Advertisement/Sponsorship 16,61,500.00

5. Deputation Delegation (Out Bound) 46,06,791.47

6. Domestic Advertisement (Others) 6,95,048.00

7. Electronic Auction 3,93,01,114.00

8. Domestic Fair 14,23,318.00

9. Export Promotion Scheme 28,87,963.00

10. Freight & Insurance 23,30,865.00

11. Gift Item 2,56,961.00

12. International Fair & Exihibition 1,05,43,156.00

13. Legal & Consultancy Fees 1,52,64,703.00

14. Market Research 15,25,849.00

15. Printing Materials/Publications 1,78,174.00

16. Promotional Package/Computer/Website 21,40,337.00

17. Purchase of Tea 27,51,403.00

18. Seminar Conference/IITC 38,094.00

19. Oversease Offices (Promotion) 2,03,70,560.00

20. Support to Association 33,79,997.00

21. Transport Subsidy (ICD) Amingaon 7,55,20,243.00

GRAND TOTAL 19,01,54,653.47

150

LIABILITIESAmount (Rs.) Amount (Rs.)

2010-11 2011-12

Capital A/c. (Fixed Assets) 8,128,216.09 8,128,216.09

Add : Purchase during the year 39,830.00

8,168,046.09

Less : Assets transferred to Non-Plan 11,698.47 8,156,347.62

Earnest/Security Money 2,007,441.50 2,171,541.50

Payable to R & D A/c. 25,000,000.00 25,000,000.00


Payable to R & D A/c. (Coonoor) 129,020.00 129,020.00

Less : Paid during the year 84,833.00 44,187.00

Suspense (Abroad) 1,474,998.00 1,474,998.00

Unspent Bal. payable to Govt. 4,503,555.06 13,343,378.06

TOTAL 41,243,230.65 25,190,452.18


TEA BOARDMARKET PROMOTION SCHEME (MPS)BALANCE SHEET AS ON 31ST MARCH, 2012

151

ASSETSAmount (Rs.) Amount (Rs.)

2010-11 2011-12

Fixed Assets 1,212,523.72 987,146.75

Suspense Advance 2,597,747.33 1,692,022.86

Receivable from T.B.T.F (N.P.) 1,720,241.18 1,720,241.18

Less during the year 1,266,027.00 454,214.18

Receivable from SPTF 10,000,000.00 10,000,000.00

Less : Recd. during the year 10,000,000.00 0.00

Receivable from MAI 117,137.00

Excess of Exp. over Income

As per last Balance Sheet 21,209,163.36 21,209,163.36

Less : Excess of Income over Exp. 12,612,610.03 8,596,553.33

during the year

Closing Balance 4,503,555.06 13,343,378.06

TOTAL 41,243,230.65 25,190,452.18


152

GROSS BLOCK

ITEM Value as on Adjustment Value after Addition Sold01.04.11 Adjustment during written

the year off

Building

Vehicle

Plant & Machinery/Equipment 3,41,634.92 3,41,634.92 25,090.00

Furniture/Fixture 6,76,443.41 (–) 11,439.37 6,65,004.04 —

Computer & Peripherals 1,94,445.39 (–) 259.10 1,94,186.29 14,740.00

TOTAL 12,12,523.72 11,698.47 12,00,825.25 39,830.00


SCHEDULE FORMING PART OF THE BALANCE SHEET (MPS)AS ON 31ST MARCH, 2012FIXED ASSETS

153

NET BLOCK

Depreciation Value after Depreciation Value as onadjustment adjustment 31.03.2012

51,245.23 3,15,479.69

85,751.50 5,79,252.54

1,16,511.77 92,414.52

2,53,508.50 9,87,146.75


154

RECEIPT SUBSIDY (Rs.) LOAN (Rs.) TOTAL (Rs.)

Opening Balance Subsidy A/cHead Office (SBI Account) 79,839.00 79,839.00Coonoor 1,70,064.00 1,70,064.00Kottyam 10,839.00 10,839.00Guwahati 13,509.00 13,509.00Palampur 1,67,867.60 1,67,867.60

Opening Balance A/cSBI, N.S. Road Branch 59,535.00 22,656,478.00 2,27,16,013.00Uco Bank Escrow A/c 4,447,659.26 44,47,659.26

Subsidy of earlier year returnGuwahati 41,952.00 41,952.00Kottayam 11,456.00 11,456.00

Grant from governmentSubsidy grant 43,14,88,000.00 43,14,88,000.00

Loan fundIDBI Bank 3,01,98,091.00 3,01,98,091.00UCO Bank 3,01,98,092.00 3,01,98,092.00United Bank of India 1,50,99,047.00 1,50,99,047.00Vijaya Bank 1,32,93,583.00 1,32,93,583.00

Fixed Deposits Matured 23,56,56,592.41 23,56,56,592.41Autosweep FD Matured 2,22,21,139.70 2,22,21,139.70

Received from Gauwahati 250.00 250.00Interest on Fixed DepositsKTDFC 2,85,00,012.00 2,85,00,012.00

Other ReceiptInterest on Loan 7,54,78,066.00 7,54,78,066.00Default Reserve Fund 24,84,980.00 24,84,980.00Loan Processing Fees 10,08,783.00 10,08,783.00

TDS Collected 8,93,402.00 8,93,402.00

C/F 43,20,43,061.60 48,21,36,175.37 91,41,79,236.97

TEA BOARDSPECIAL PURPOSE TEA FUNDRECEIPT & PAYMENT ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2012

155

PAYMENT SUBSIDY (Rs.) LOAN (Rs.) TOTAL (Rs.)

Subsidy DisbursedHead Office 35,09,58,757.00 35,09,58,757.00Palampur 5,66,685.00 5,66,685.00Guwahati 1,06,14,680.00 1,06,14,680.00Coonoor 2,09,97,546.00 2,09,97,546.00Kottyam 18,10,259.00 18,10,259.00PDS 9,17,410.00 9,17,410.00Repayment of liabilityRefund to MPS 1,00,00,000.00 1,00,00,000.00Refund to PDS Head Office 1,84,38,326.00 1,73,77,487.50 3,58,15,813.50Addsystem 10,620.00 10,620.00CMS Infosystem Pvt. Ltd. 29,646.00 29,646.00Creditors for expenses 1,745.00 1,745.00Sundry Creditors 3,34,639.00 3,34,639.00Metro Travels 90,575.00 90,575.00Outstanding Expenses 7,078.00 7,078.00Watch & Ward Securities Services 1,15,052.00 1,15,052.00Agrawal Rungta & Co. 47,650.00 47,650.00Bharti Airtel 5,713.00 5,713.00Fixed Assets & Fixed DepositsComputer 2,87,017.00 2,87,017.00Motor vecicle 11,40,158.00 11,40,158.00Motor Vehicle (Coonoor) of year 09-10 1,68,168.00 1,68,168.00Furniture & Fixtures 63,216.00 63,216.00Plant & Machinery 31,616.00 31,616.00Investment in fixed Deposits 23,65,70,000.00 23,65,70,000.00Head Office Autosweep A/c 2,10,91,080.00 2,10,91,080.00Loan & AdvancesLoan to Gardens 9,51,23,039.00 9,51,23,039.00TDS DepositOffice & Administration ExpensesAdvisory fees 78,09,796.00 78,09,796.00Computer expenses 5,30,082.00 5,30,082.00Interest paid on Term loan 4,12,99,474.00 4,12,99,474.00Bank Charges 29,963.50 29,963.50Interest reserve Refunded 3,15,11,993.00 3,15,11,993.00Travelling & Conveyence 6,34,845.00 6,34,845.00

C/F 41,43,03,663.00 45,53,05,556.00 86,96,09,219.00

156

RECEIPT SUBSIDY (Rs.) LOAN (Rs.) TOTAL (Rs.)

B/F 43,20,43,061.60 48,21,36,175.37 91,41,79,236.97

TOTAL 43,20,43,061.60 48,21,36,175.37 91,41,79,236.97


157

PAYMENT SUBSIDY (Rs.) LOAN (Rs.) TOTAL (Rs.)

B/F 41,43,03,663.00 45,53,05,556.00 86,96,09,219.00General Expenses 46,028.00 46,028.00Postage & Telegram 37,667.00 37,667.00Security charges 15,44,769.00 15,44,769.00Loan Appraisal Fees 4,52,230.00 4,52,230.00Internal Audit Fees 5,82,384.00 5,82,384.00Scheme Evaluation Expenses 23,16,300.00 23,16,300.00Telephone & Internet 28,701.00 28,701.00Softwares Expenses 13,500.00 13,500.00Server Space Charges 15,992.00 15,992.00Bank Inspection Charges 43,150.00 43,150.00Meeting Expenses 3,98,837.00 3,98.837.00Advertisement Expenses 1,30,252.00 1,30,252.00

Balance in Subsidy A/cTea Board Coonoor A/c No. 30358525451 4,350.00 4,350.00Tea Board Guwahati A/c No. 30941046000 6,069.00 6,069.00Tea Board Kottayam A/c No. 30357360135 9,786.00 9,786.00Head Office A/c No. 301301010036621 825.00 825.00Tea Board Palampur 582.60 582.60Head Office (SBI Account) 1,05,033.50 1,05,033.50

0.000.00

Balance in Bank A/cState Bank of India 30151651333 1,76,12,752.50 1,67,40,166.41 3,43,52,918.91UCO Bank Escrow A/c 19670210000137 44,80,642.96 44,80,642.96

TOTAL 43,20,43,061.60 48,21,36,175.37 91,41,79,236.97


158

EXPENDITURE SUBSIDY (Rs.) LOAN (Rs.) TOTAL (Rs.)

Subsidy Disb. SPTF (H.O.) 35,09,58,757.00 35,09,58,757.00Subsidy Disb. SPTF (Guwahati) 1,05,72,728.00 1,05,72,728.00Subsidy Disb. SPTF (Coonoor) 2,09,97,546.00 2,09,97,546.00Subsidy Disb. SPTF (Kottayam) 17,98,803.00 17,98,803.00Subsidy Disb. SPTF (Palampur) 5,66,685.00 5,66,685.00Subsidy Disb. PDS 9,17,410.00 9,17,410.00

Advisory Services Fees 78,75,425.00 78,75,425.00Telephone & Internet 34,494.00 34,494.00Internal Audit Fees 6,35,328.00 6,35,328.00Loan Appraisal/Rating/Review fees 5,08,230.00 5,08,230.00Bank Charges 29,963.50 29,963.50Depreciation 10,52,400.73 10,52,400.73General Expenses 47,998.00 47,998.00Computer Expenses 5,66,945.00 5,66,945.00Advertisement Expenses 1,30,252.00 1,30,252.00E-TDS Processing Charge 1,745.00 1,745.00TDS Return filling fees 24,818.00 24,818.00Softwares Expenses 13,500.00 13,500.00Meeting Expenses 3,45,549.00 3,45,549.00Security Charges 16,86,978.00 16,86,978.00Travelling & Conveyence 6,82,324.00 6,82,324.00Server Space Charges 15,992.00 15,992.00Interest paid on TDS 954.00 954.00Fooding and lodging expenses (Jorhat) 10,470.00 10,470.00LPF Refunded (relating to earlier year) 23,38,279.00 23,38,279.00Scheme Evaluation Expenses 23,16.300.00 23,16.300.00Bank Inspection Charges 43,150.00 43,150.00Postage & Telegram Charges 37,667.00 37,667.00Interest on UCO Term Loan 1,32,26,944.00 1,32,26,944.00Interest on IDBI Term Loan 1,31,12,429.00 1,31,12,429.00Interest on UBI Term Loan 66,44,700.00 66,44,700.00Interest on Vijaya Bank Term Loan 66,01,240.00 66,01,240.00Excess of Income Over Expenditure 4,56,76,071.00 8,40,45,079.29 12,97,21,150.29

TOTAL 43,14,88,000.00 14,20,29,154.52 57,35,17,154.52


TEA BOARDSPECIAL PURPOSE TEA FUNDINCOME & EXPENDITURE ACCOUNT FOR THE YEAR 2011-12

159

INCOME SUBSIDY (Rs.) LOAN (Rs.) TOTAL (Rs.)

Subsidy received from Govt. 43,14,88,000.00 43,14,88,000.00

Interest on Fixed DepositsFrom Capital Account 8,97,85,807.58 8,97,85,807.58Autosweep Account 1,11,63,988.70 1,11,63,988.70Loan Processing Charges 6,46,322.00 6,46,322.00Interest on Advances (including penal) 4,03,85,709.24 4,03,85,709.24Interest & after adjusting interest (2x) 0of earlier year) 0Preclosure charges 8,826.00 8,826.00Documentation charges of earlier year 1,500.00 1,500.00Adjustment relating to earlier year 37,001.00 37,001.00

TOTAL 43,14,88,000.00 14,20,29,154.52 57,35,17,154.52


160

LIABILITIES SUBSIDY (Rs.) LOAN (Rs.) TOTAL (Rs.)

Capital AccountGovernment of India (Capital) 90,00,00,000.00 90,00,00,000.00

90,00,00,000.00Loan (Liability)IDBI Bank Principal Amount 15,97,22,638.00 15,97,22,638.00Accrued Interest 12,00,149.00 12,00,149.00

16,09,22,787.00Term Loan (UCO) A/c Principal Amount 16,13,59,599.00 16,13,59,599.00United Bank of India Principal Amount 8,06,54,198.00 8,06,54,198.00Accrued Interest 6,02,085.00 6,02,085.00Vijaya Bank Principal Account 7,79,66,274.00 7,79,66,274.00Accrued Interest 5,99,556.00 5,99,556.00

32,11,81,712.00Current LiabilitiesR. P. Boobna & Co. 6,14,765.00 6,14,765.00Statutory Liabilities (TDS) 1,74,589.00 1,74,589.00Advertisement Corp of India (As per last account) 68,018.00 68,018.00Agrawal Rungta & Co. 47,650.00 47,650.00Bharti Airtel Ltd. 5,793.00 5,793.00CMS Infosystem Pvt. Ltd. 29,725.00 29,725.00Default Reserve Fund Received (as per list) 1,25,22,934.00 1,25,22,934.00

Interest Reserve A/c 1,34,63,474.00Looksan Tea Estate Rs. 808309Ambari Tea Estate Rs. 227843 10,36,152.00 10,36,152.00Interest Reserve (paid after 31.03.12) 3,35,87,978.00 3,35,87,978.00Metro Travels 46,529.00 46,529.00Others Liabilities since 21.07.09 (as per lastaccount) 68,213.00 68,213.00Jorhat (Fooding Exp.) 10,470.00 10,470.00Watch and Ward Security Services 1,39,365.00 1,39,365.00

3,48,88,707.00Excess of Income over ExpenditureOpening Balance –2,79,36,672.40 21,29,93,736.29 18,50,57,063.89Current Period 4,56,76,071.00 8,40,45,079.29 12,97,21,150.29

31,47,78,214.18

TOTAL 1,77,39,398.60 172,74,95,495.58 174,52,34,894.18


TEA BOARDSPECIAL PURPOSE TEA FUNDBALANCE SHEET AS ON 31ST MARCH, 2012

161

ASSETS SUBSIDY (Rs.) LOAN (Rs.) TOTAL (Rs.)

Fixed AssetsFurniture & Fixture 1,17,753.66 1,17,753.66Plant & Machinery 2,31,844.41 2,31,844.41Computer 6,39,110.60 6,39,110.60Electric Installation 6,86,529.53 6,86,529.53Motor Vehicle 35,45,497.52 35,45,497.52

52,20,735.72Current AssetsInterest receivable 9,10,246.50 9,10,246.50Loan to grandens 47,89,72,269.00 47,89,72,269.00DSS softwares Pvt. Ltd. TDS 6,945.00 6,945.00M. Raghunath & Co. (TDS) 2,335.00 2,335.00Pegasus Advisory Services (as per last account) 45,713.00 45,713.00TDS Syndicate Bank 8,62,404.50 8,62,404.50Advances to Guwahati R & D 53,288.00 53,288.00

48,08,53,201.00Fixed DepositIDBI Bank FD 7,00,00,000.00 7,00,00,000.00Accrued Interest on IDBI FD 27,45,199.00 27,45,199.00KTDFC FD 64,52,50,000.00 64,52,50,000.00Accrued Interest on KTDFC FD 5,02,57,746.00 5,02,57,746.00LIC Housing Finance Ltd. 2,65,70,000.00 2,65,70,000.00Accrued Interest LIC Housing Finance LTD 16,33,159.00 16,33,159.00SBI (NS Road branch) 11,19,81,949.00 11,19,81,949.00Accrued Interest on SBI FD 64,39,816.00 64,39,816.00STATE Bank of Hyderabad 7,00,00,000.00 7,00,00,000.00

Accrued Interest on SBH FD 36,29,733.00 36,29,733.00Syndicate Bank 5,00,00,000.00 5,00,00,000.00Accrued Interest on Syndicate Bank 98,00,338.19 98,00,338.19UCO Bank Autosweep 5,41,96,115.00 5,41,96,115.00SBI Autosweep A/c 11,05,80,380.30 11,05,80,380.30Accrued Interest on SBI Autosweep A/c 71,16,314.00 71,16,314.00

122,02,00,749.49Balance in subsidy A/cTea Board Coonoor A/c No. 30358525451 4,350.00 4,350.00Tea Board Guwahati A/c No. 30941046000 6,069.00 6,069.00Tea Board Kottayam A/c No. 30357360135 9,786.00 9,786.00Head Office A/c No. 301301010036621 825.00 825.00Tea Board Palampur 11034449503 582.60 582.60State Bank of India (H.O.) A/c Subsidy 1,05,033.50 1,05,033.50

1,26,646.10Balance in Admn & Loan A/cState Bank of India (H.O.) A/c No. 30151651333 1,76,12,752.50 1,67,40,166.41 3,43,52,918.91UCO Bank Escrow A/c 19670210000137 44,80,642.96 44,80,642.96

38,833,561.87

TOTAL 1,77,39,398.60 172,74,95,495.58 174,52,34,894.18


162

Rate of OpeningNAME OF THE ASSET Depreciation Balance as Addition

on 01.4.11

Electronic Installation 10.00% 7,11,164.70 0

Furniture & Fixtures

Almirah 10.00% 33,710.00 63,216.00

Computer Table 10.00% 12,995.00 0

Other Items 10.00% 13,892.40 0

Plant & Machinery

Scanner 15.00% 87,304.00 31,616.00

Mobile Phones 15.00% 22,000.00 0

Xerox Machines 15.00% 65,100.00 0

Other Items 15.00% 53,572.95 0

Fax Machines 15.00% 0 6,448.00

Computer 60.00% 8,96,354.0 2,80,569.00

Motor Vehicle 15.00% 26,86,868.40 13,08,326.00

TOTAL 45,82,961.45 16,90,175.00


TEA BOARDSPECIAL PURPOSE TEA FUNDDEPRECIATION AS ON 31ST MARCH, 2012

163

Closing WDV as onDEDUCTION Balance as Depreciation 31.03.12

on 31.03.12

7,11,164.70 24,635.17 6,86,529.53

96,926.00 3,371.00 93,555.00

12,995.00 1,299.50 11,695.50

13,892.40 1,389.24 12,503.16

0.00

0.00

1,18,920.00 13,095.60 1,05,824.40

22,000.00 3,300.00 18,700.00

65,100.00 9,765.00 55,335.00

53,572.95 8,035.94 45,537.01

6,448.00 0.00 6,448.00

11,76,923.00 5,37,812.40 6,39,110.60

0.00 0.00

39,95,194.40 4,49,696.88 35,45,497.52

62,73,136.45 10,52,400.73 52,20,735.72


164


Opening BalanceHead Office 6,72,501.39Palampur 1,41,150.00 8,13,651.39

Government Fund Received 71,91,86,000.00

Other Receipt :(Previous year’s adjustment receipt of fund fromM/s, Warren Tea Ltd.) 98,242.00

Last year’s A/c. (2010-11)Recovery of last year’s receivable 2,30,276.00amount from QU & PDS

Previous year’s excess subsidy Adjustment : 34,52,529.28

Interest received from Bank during the year 2011-12 26,248.02

TOTAL 72,38,06,946.69


TEA BOARDORTHODOX TEA PRODUCTION SUBSIDY SCHEME FUNDRECEIPT AND PAYMENT A/C. FOR THE YEAR 2011-2012SPECIAL FUND SET UP WITH COLLECTION OF ADDITIONAL DUTY OF EXCISE ON TEA

165


Subsidy disbursed

Head Office 71,98,53,883.69

Palampur Office 25,30,244.50 72,23,84,128.19

Administrative Expenditure 9,69,144.40



TOTAL 72,38,06,946.69


166


Subsidy disbursedHead Office 71,98,53,883.69Palampur Office 25,30,244.50 72,23,84,128.19

Administrative Expenditure 9,69,144.40Less : Capital Expenditure 1,73,711.00 7,95,433.40

Add : Bank Charge 6,450.00

TOTAL 72,31,86,011.59


TEA BOARDORTHODOX TEA PRODUCTION SUBSIDY SCHEME FUNDINCOME & EXPENDITURE A/C. FOR THE YEAR 2011-2012SPECIAL FUND SET UP WITH COLLECTION OF ADDITIONAL DUTY OF EXCISE ON TEA

167


Government fund received 71,91,86,000.00

Add : Unspent Balance of last year (2010-11) 8,13,651.39

71,99,99,651.39

Less : Unspent Grant payable to Govt. 4,47,224.10

71,95,52,427.29

Less : Capital Expenditure 1,73,711.00 71,93,78,716.29

Interest Credited by Bank 26,248.02

Less : Accrued Interest (Last year A/c.) 9,847.60 16,400.42

Excess of Expenditure over income 37,90,894.88

TOTAL 72,31,86,011.59


168

LIABILITY Amount (Rs.) Amount (Rs.)

Capital Expenditure (Fixed Assets) 1,73,711.00

Unspent Grant Payable to Govt. 4,47,224.10

Excess of income over expenditure (last year A/c.) 2,40,123.60Add : Excess expenditure shown last year 35,50,771.28

37,90,894.88Less : Excess of expenditure over income for this year 37,90,894.88

TOTAL 6,20,935.10


TEA BOARDORTHODOX TEA PRODUCTION SUBSIDY SCHEME FUNDBALANCE SHEET AS ON 31ST MARCH 2012SPECIAL FUND SET UP WITH COLLECTION OF ADDITIONAL DUTY OF EXCISE ON TEA

169


Fixed Assets 1,73,711.00

Amount receivable from QU & PDS (last year A/c.) 2,30,276.00

Amount received from QU & PDS A/c. this year 2,30,276.00 ———


TOTAL 6,20,935.10


170


Fund received from Govt. 2,00,00,000.00

Suspense Receipt (HO) 8,66,422.00

Received fromMarket Promotion Scheme 1,17,137.00

TOTAL 2,09,83,559.00


TEA BOARDMARKET ACCESS INITIATIVE SCHEMERECEIPT & PAYMENT A/C. FOR THE YEAR 2011-2012

171


Suspense Advance 8,66,422.00

Dep-Del (Out-Bound) 16,85,233.00

International Fair & Exhibition 43,20,685.00

Printing Materials/Publications 67,008.00

Closing Balance (HO) 1,40,44,211.00

2,09,83,559.00


172


Expenditure during the year 60,72,926.00

TOTAL 60,72,926.00


TEA BOARDMARKET ACCESS INITIATIVE SCHEMEINCOME & EXPENDITURE A/C. FOR THE YEAR 2011-2012

173


Grant Received from Govt. 2,00,00,000.00

Less : Unspent Balance of 2011-12 1,40,44,211.00 59,55,789.00

Excess of Expenditure over Income 1,17,137.00

60,72,926.00


174


Payable to Market Promotion Scheme 1,17,137.00

Unspent Balance payable to Govt. 1,40,44,211.00

TOTAL 1,41,61,348.00


TEA BOARDMARKET ACCESS INITIATIVE SCHEMEBALANCE SHEET AS ON 31ST MARCH, 2012

175


Excess of Expenditure over Income as per I & E 1,17,137.00

Closing Balance 1,40,44,211.00

1,41,61,348.00


177

��

��

178


Opening BalanceHead Office 1,38,542.15Guwahati Office 25,99,407.60Coonoor Office 29,92,789.25 57,30,739.00Govt. GrantGrant in Aid 11,40,69,000.00R&D Capital Assets 2,00,000.00 11,42,69,000.00

Received from TRA Centenary Grant(as receivable last year) 5,60,00,000.00Received from MPS (as receivable last year) 2,50,00,000.00Received from PDS (as receivable last year, Coonoor) 23,00,000.00Received from Imprest (as receivable last year Coonoor) 75,293.00Received from MDEP (as receivable last year, Coonoor) 83,122.00Security Money (Coonoor) 50,000.00Encashment of Investment at ICICI Bank(IT Portal)Principal 1,00,000.00Interest 64,683.00 1,64,683.00Received from SPTF on account of review meeting 1,50,000.00Unspent ReceiptStudy tour (Guwahati) 3,854.00E-Auction (Coonoor) 15,530.00 19,384.00

Canellation of ChequeISRO 1,00,00,000.00Coonoor 7,565.00Demo Prunning 63,899.00 1,00,71,464.00Less receipt shown last year (Demo Prunning) 0.46

TOTAL 21,39,13,685.46


TEA BOARD RESEARCH & DEVELOPMENT SCHEME FUNDRECEIPT & PAYMENT A/C. FOR THE YEAR 2011-2012

179


Grant-in-Aid TRA 2,83,21,685.00

Grant-in-Aid UPASI 88,84,499.00Grant-in-Aid to UPASI 10-11 15,00,577.00Research Grant TRA 41,68,000.00

Research Grant UPASI 80,14,000.00

Research Grant HPKVV 6,52,400.00Research Grant AAU 3,00,000.00Research Grant C-DAC 48,000.00Research Grant IIT-Kharagpur 41,96,000.00Research Grant B.C. Guha Centre 10,91,000.00DTR&DC (Regular) 1,95,12,372.00Seminar/Workshop 38,09,505.00Dev. Grant-ISRO2010-11 1,00,00,000.002011-12 1,43,72,987.00 2,43,72,987.00Development Assistance 9,58,45,250.00

SPTF review meeting (Guwahati) 96,712.00

Fund transfered to Z.O. Imprest (Coonoor) 2,09,622.87Fund transfered to SCSP (Coonoor) 2,45,000.00Bank Charges2010-11 (Coonoor) 302.002011-12 7,194.00 7,496.00Closing BalanceHead Office 6,791.15Guwahati Office 31,23,304.60Coonoor 93,43,800.84

IT Portal 1,64,683.00 1,26,38,579.59

TOTAL 21,39,13,685.46


180


Expenditure during the year 18,82,22,892.00

Less : Capital Purchase during the year 23,80,299.00 18,58,42,593.00

Depreciation during the year 38,22,366.30

TOTAL 18,96,64,959.30


TEA BOARD RESEARCH & DEVELOPMENT SCHEME FUNDINCOME & EXPENDITURE A/C. FOR THE YEAR 2011-2012

181


Received from govt. 11,42,69,000.00

Add : Unspent balance last year 57,30,739.00

11,99,99,739.00

Less : Unspent during 11-12 1,26,38,579.59

10,73,61,159.41

Less : Capital purchase during the year 23,80,299.00 10,49,80,860.41

Accrued interest 7,948.00

Excess of Expenditure over Income 8,46,76,150.89

TOTAL 18,96,64,959.30


182


Grant-in-aid to TRA 2,83,21,685.00

Grant-in-aid to UPASI-TRF 88,84,499.00

Research grant to TRA 41,68,000.00

Research grant to UPASI-TRF 80,14,000.00

Research grant to HPKVV 6,52,400.00

Research grant to AAU 3,00,000.00

Research grant to CDAC 48,000.00

Research grant to IIT-Kharagpur 41,96,000.00

Research grant to B. C. Guha Centre 10,91,000.00

Research grant to DTR & DC

DTR & DC (Regular) 1,95,12,372.00

Seminal/Workshop 38,09,505.00

Development grant to ISRO 2,43,72,987.00

Less : for last year 1,00,00,000.00 1,43,72,987.00

Development Assistance 9,58,45,250.00

Less : receivable from CFC 10,00,000.00 9,48,45,250.00

Demo Pruning (Coonoor A/c.)

Operating cost

Bank charges 7,496.00

Less : For last year (Coonoor) 302.00 7,194.00

TOTAL 18,82,22,892.00

DETAILS OF EXPENDITURE SHOWN AS EXPENDITURE INTHE INCOME & EXPENDITURE A/C

184

LIABILITIES2010-11 2011-12 2011-12

(Amount in ) (Amount in ) (Amount in )

Capital A/c. as per last year B/S 13,40,77,017.15 13,40,77,017.15Add : Addition during the year 23,80,299.00 13,64,57,316.15

Security Deposit 3,79,016.00 3,79,016.00Add : Recd During the year A/c Coonoor 50,000.00 4,29,016.00

Amount payable to MDEP A/c Coonoor 1,419.00 1,419.00Unspent balance payable to TIDE 1,633.00 1,633.00Amount payable to SPTF (A/c Guwahati) 53,288.00

Unspent balance payable to Govt. 57,30,739.00 1,26,38,579.59

GRAND TOTAL 14,01,89,824.15 14,95,81,251.74


TEA BOARDRESEARCH & DEVELOPMENT SCHEME FUND A/C.BALANCE SHEET AS ON 31ST MARCH, 2012

185

ASSETS2010-11 2011-12 2011-12


Fixed assets as per last year B/S 1,41,35,908.00 1,29,89,948.41Investment 1,00,000.00 1,00,000.00Less : Encashment with ICICI Bank A/c. II Portal 1,00,000.00 ———Excess of Expenditure over incomeas per last year B/S 3,65,87,527.46 3,65,87,527.46Add : Excess of expenditure overIncome during the year 8,46,76,150.89

12,12,63,678.35Add : Less Exp. Shown last year (Upasi) 15,00,577.00Less Bank Charges shown last year 302.00

12,27,64,557.35Less : Excess expenditure shown

last year (guwahati) 3,854.00Excess expenditure shown last year (Coonoor) 23,095.00Excess expenditure shown last year (Demo prunning) 63,899,46Excess expenditure on depreciation shown last yr. 2,96,107.02 12,23,77,601.87

Accrued interest as per last year B/S 56,735.00 56,735.00Add : Interest received during the year 7,948.00

64,683.00Less : Received during the year 64,683.00 ———Amount receivable from CFC 10,00,000.00Amount receivable from PDS-Coonoor 23,00,000.00 23,00,000.00Less : received during the year 23,00,000.00Amount receivable from MDEP-Coonoor 1,29,020.00 1,29,020.00Less : Received during the year 83,122.00 45,898.00Amount receivable from ZO/Imprest-Coonoor 75,293.00 75,293.00Less : Received during the year 75,293.00Amount receivable from HRD Coonoor 74,601.00 74,601.00Amount receivable from Centenary Grant 5,60,00,000.00 5,60,00,000.00Less : Received during the year 5,60,00,000.00Amount receivable from MPS Sub A/c 2,50,00,000.00 2,50,00,000.00Less : Received during the year 2,50,00,000.00Amount receivable from Imprest coonoor 2,09,622.87Amount receivable from SCSP Coonoor 2,45,000.00Closing Balance 57,30,739.00 1,26,38,579.59

GRAND TOTAL 14,01,89,824.15 14,95,81,251.74


186

FIXED ASSETS GROSS BLOCK

ITEM VALUE AS ON ADJUSTMENT VALUE AFTER04-01-2011 ADJUSTMENT

Building – – – –

Vehicle 17,44,952.91 17,44,952.91

Plant & Machinery 9,87,235.61 – 9,87,235.61 –

Furniture/Fixture

H.O. 34,74,428.51 (36,077.46) 34,38,351.05 –

IT 15,69,224.05 – 15,69,224.05 –

Total 50,43,652.56 (36,077.46) 50,07,575.10 –

Office Equipment

H.O. 14,09,772.19 (1,350.21) 14,08,421.98

IT 95,151.50 5,598.00 1,00,749.50

Total 15,04,923.69 4,247.79 15,09,171.48

Computers/

Peripherals

H.O. 39,88,227.49 (680.31) 39,87,547.18

IT 2,74,757.20 – 2,74,757.20

Total 42,62,984.69 (680.31) 42,62,304.38

Electric Installation

H.O. 3,29,264.04 – 3,29,264.04

IT 2,62,895.19 3,28,617.00 5,91,512.19

Total 5,92,159.23 3,28,617.00 9,20,776.23

GRAND TOTAL 1,41,35,908.69 2,96,107.02 1,44,32,015.71


PART OF BALANCE SHEET FOR FIXED ASSET UNDER R & DA/C FOR THE YEAR 2011-12

187

ADDITION NET BLOCK

DURING THE TOTAL SOLD/ DEPRECIATION VALUE ASYEAR WRITTEN OFF ON 31/03/12

– – – – –

2,98,890.00 20,43,842.91 2,61,742.94 17,82,099.97

9,87,235.61 – 1,48,085.35 8,39,150.26

4,93,570.00 39,31,921.05 – 3,76,777.09 35,55,143.96

15,69,224.05 – 2,35,384.00 13,33,840.05

4,93,570.00 55,01,145.10 – 6,12,161.09 48,88,984.01

1,23,285.00 15,31,706.98 – 1,40,842.20 13,90,864.78

– 1,00,749.50 – 10,075.00 90,674.50

1,23,285.00 16,32,456.48 – 1,50,917.20 14,81,539.28

14,64,554.00 54,52,101.18 – 23,92,528.31 30,59,572.87

– 2,74,757.20 – 1,64,854.00 1,09,903.20

14,64,554.00 57,26,858.38 – 25,57,382.31 31,69,476.07

– 3,29,264.04 – 32,926.41 2,96,337.63

– 5,91,512.19 – 59,151.00 5,32,361.19

– 9,20,776.23 – 92,077,41 8,28,698.82

23,80,299.00 1,68,12,314.71 – 38,22,366.30 1,29,89,948.41


188


Opening Balance 25,92,036.00

Receipt from Govt. 6,20,00,000.00

TOTAL 6,45,92,036.00


TEA BOARDRECEIPT & PAYMENT UNDER SPECIAL GRANT (AED) FOR RESEARCH A/C.FOR THE YEAR 2011-2012

189


Grant to TRA 5,48,58,621.00

Grant to UPASI-TRF 87,84,071.00

Balance AED to

UPASI-TRF

for

2010-11 9,49,344.00

Closing Balance

TOTAL 6,45,92,036.00


190


Expenditureduring the year 6,36,42,692.00

Excess of Incomeover Expenditure 9,49,344.00

TOTAL 6,45,92,036.00


TEA BOARD SPECIAL GRANT UNDER AED (RESEARCH) FUNDINCOME & EXPENDITURE A/C. FOR THE YEAR 2011-2012

191


Receipt from Govt. 6,20,00,000.00

Add : Unspent

grant ’10-11 25,92,036.00

6,45,92,036.00

Less : Unspent

grant ’11-12 6,45,92,036.00

TOTAL 6,45,92,036.00


192


Unspent grant payable to Govt. 0.00

TOTAL 0.00


TEA BOARD SPECIAL GRANT UNDER AED (RESEARCH) FUNDBALANCE SHEET AS ON 31ST MARCH, 2012

193


Excess of Income

Over Expenditure 9,49,344.00

Less : Expenditure

Less shown during

2010-11 9,49,344.00 0.00

Closing balance 0.00

0.00


194

RECEIPT Amount (Rs.)


Receipt from Govt. Nil

Received from TRA as paid from R & D during 2009-10 5,60,00,000.00

TOTAL 5,65,00,000.00


TEA BOARDRECEIPT & PAYMENT UNDER TRA CENTENARY GRANT (RESEARCH) FUND A/C.FOR THE YEAR 2011-2012

195

PAYMENT Amount (Rs.)

Paid to R & D A/c. 5,60,00,000.00

(Payable to R & D as per A/c 2009-10)

Paid to TRA 5,00,000.00

Closing Balance Nil

TOTAL 5,65,00,000.00


196


Expenditureduring the year 5,00,000.00

TOTAL 5,00,000.00


TEA BOARDCENTENARY GRANT (RESEARCH) INCOME & EXPENDITURE A/C.FOR THE YEAR 2011-2012

197


Receipt from Govt. Nil a

Add : Unspent

grant ’10-11 5,00,000.00

Less : Unspent

grant ’11-12 Nil a 5,00,000.00

TOTAL 5,00,000.00


198

LIABILITIESAmount (Rs.) Amount (Rs.) Amount (Rs.)

2010-11 2011-12 2011-12

Amount payable to R & D 5,60,00,000.00 5,60,00,000.00

Less : During the yr. 5,60,00,000.00 0.00

Unspent payable toGovt. 5,00,000.00 0.00

TOTAL 5,65,00,000.00 0.00


TRA - CENTENARY GRANT (RESEARCH)BALANCE SHEET AS ON 31ST MARCH, 2012

199

ASSETS2010-11 2011-12 2011-12


Excess of Expenditureover income as per last year B/s 5,60,00,000.00

Closing Balance 5,00,000.00 0.00

GRAND TOTAL 5,65,00,000.00 0.00


200

RECEIPT Amount (Rs.)



TOTAL 50,00,000.00


TEA BOARDRECEIPT & PAYMENT UNDER ASIDE SCHEME FOR THE YEAR 2011-12

201

PAYMENT Amount (Rs.)

Payment during the year Nil a


TOTAL 50,00,000.00


202


Expenditure Nilduring the year

Excess of IncomeOver expenditure 50,00,000.00

TOTAL 50,00,000.00


TEA BOARDINCOME & EXPENDITURE A/C. FOR ASIDE SCHEMEFOR THE YEAR 2011-2012

203



Add : Unspent

grant ’10-11 50,00,000.00 50,00,000.00

TOTAL 50,00,000.00


204

LIABILITIES Amount (Rs.) ASSETS Amount (Rs.)

Unspent payable to Govt. 50,00,000.00 Closing Balance 50,00,000.00

TOTAL 50,00,000.00 50,00,000.00


ASIDE SCHEMEBALANCE SHEET AS ON 31-03-2012

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