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Balance Sheet of GSL (India) Ltd. Company

(Rs in Cr.) Mar 31, 2008 Mar 31, 2007 Mar 31, 2006 Mar 31, 2005
Equity Share Capital 22.27 22.27 22.27 22.27
Share Application Money 0.00 0.00 0.00 0.00
Preference Share Capital 2.50 2.50 2.50 2.50
Reserves & Surplus -194.59 -189.10 -185.30 -182.86
Secured Loans 245.26 245.63 245.79 245.70
Unsecured Loans 26.71 27.19 27.30 27.30
Gross Block 157.78 145.11 144.94 152.77
Depreciation 36.00 29.47 22.85 30.92
Net Block 121.78 115.64 122.10 121.85
Capital Work-in-progress 0.00 12.20 12.20 12.20
Investments 0.06 0.06 0.06 0.09
Current Assets, Loans & Advances 26.73 22.99 20.99 21.94
Total Net Current Assets -19.71 -19.41 -21.80 -19.22
Miscellaneous expenses not written 0.00 0.00 0.00 0.00
Book Value of Unquoted Investments 0.00 0.00 0.00 0.00
Market Value of Quoted Investments 0.04 0.05 0.06 0.16
Contingent liabilities 33.96 35.65 31.69 31.46
Number of Equity shares outstanding (in Lacs) 2.23 2.23 2.23 2.23