Annual Statements
Annual Statement — FY 2012-13
This is a document published by GMADA. This portal links to it for reference and does not host, mirror, or modify the file — it's served directly from gmada.gov.in.
About this document
GMADA's statutory Annual Statement of Accounts — the Balance Sheet and Income & Expenditure Account required under Section 53(1) of the Punjab Regional and Town Planning and Development Act, 1995 — audited each year by an independent chartered accountant and adopted by the Authority. This statement covers the financial year 2012-13 (year ended 2013-03-31).
Auditor's report
Audited by Simrit & Associates, Chartered Accountants, signed by CA Simrit Kaur.
The auditor gave an unqualified opinion.
Balance sheet summary
Balance Sheet as on 31.03.2013 (previous year: 31.03.2012)
| Liabilities | 31.03.2013 (Rs.) | 31.03.2012 (Rs.) |
|---|---|---|
| Capital Reserves | ₹4,36,20,60,626 | ₹4,03,63,62,603 |
| Secured Loans | ₹13,11,13,42,193 | ₹15,55,63,26,967 |
| Unsecured Loans | ₹1,00,87,57,527 | ₹1,10,87,57,527 |
| Deposits with GMADA | ₹17,26,49,90,815 | ₹16,52,87,80,629 |
| Current Liabilities & Provisions | ₹7,58,05,85,786 | ₹7,38,96,79,719 |
| Total | ₹43,32,77,36,946 | ₹44,61,99,07,444 |
| Assets | 31.03.2013 (Rs.) | 31.03.2012 (Rs.) |
|---|---|---|
| Fixed Assets | ₹12,32,49,326 | ₹12,01,90,041 |
| Works Executed | ₹25,07,88,68,171 | ₹21,49,59,32,546 |
| OUVGL Works | ₹1,59,44,474 | ₹19,40,835 |
| Current Assets, Loans & Advances | ₹18,08,51,74,975 | ₹23,00,18,44,021 |
| Investment in Shares of Unlisted Company | ₹2,45,00,000 | ₹0 |
| Total | ₹43,32,77,36,946 | ₹44,61,99,07,444 |
The balance sheet size (total of assets, equal to total of liabilities) works out to roughly ₹4,332.77 crore, down from about ₹4,461.99 crore a year earlier.
Income & expenditure summary
Income & Expenditure Account for the year ended 31.03.2013
| Current year (Rs.) | Previous year (Rs.) | |
|---|---|---|
| Total Income | ₹3,94,44,44,413 | ₹4,08,05,79,565 |
| Surplus / (Deficit) for the year | ₹32,57,58,324 | ₹-4,92,78,593 |
The two largest income lines were sale of plots/houses (₹236.66 crore) and instalment interest (₹56.03 crore). The Authority moved from a small deficit in FY 2011-12 to a surplus in FY 2012-13.
About this page
Figures on this page were read directly from GMADA's own published PDF (audited balance sheet and, where available, income & expenditure account) — not summarised by AI and not sourced from any third party. Open the original document below to see the full statement, including detailed schedules.