Annual Statements
Annual Statement — FY 2023-24
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 2023-24 (year ended 2024-03-31).
Auditor's report
Audited by Khurana Vineet & Associates, Chartered Accountants (Reg. No. 011964N), signed by CA Amit Garg on 27 September 2024.
The auditor gave an unqualified opinion with no emphasis-of-matter paragraph.
Balance sheet summary
Balance Sheet as on 31.03.2024 (previous year: 31.03.2023)
| Liabilities | 31.03.2024 (Rs.) | 31.03.2023 (Rs.) |
|---|---|---|
| Capital Reserves | ₹20,13,69,11,447 | ₹8,95,32,39,163 |
| Secured Loans | ₹30,35,76,80,829 | ₹35,70,93,50,459 |
| Unsecured Loans | ₹1,00,87,57,527 | ₹1,00,87,57,527 |
| Deposits with GMADA | ₹3,32,87,92,790 | ₹4,94,31,69,535 |
| Current Liabilities & Provisions | ₹3,13,15,49,870 | ₹2,23,61,28,041 |
| Total | ₹57,96,36,92,462 | ₹52,85,06,44,725 |
| Assets | 31.03.2024 (Rs.) | 31.03.2023 (Rs.) |
|---|---|---|
| Fixed Assets | ₹10,34,43,063 | ₹10,55,23,078 |
| Works Executed | ₹39,33,08,244 | ₹17,41,85,368 |
| Current Assets, Loans & Advances | ₹57,28,16,90,106 | ₹52,38,56,85,230 |
| Investment in Shares of Unlisted Company | ₹18,52,51,050 | ₹18,52,51,050 |
| Total | ₹57,96,36,92,462 | ₹52,85,06,44,725 |
The balance sheet size (total of assets, equal to total of liabilities) works out to roughly ₹5,796.37 crore, up from about ₹5,285.06 crore a year earlier.
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.