Annual Statements
Annual Statement — FY 2022-23
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 2022-23 (year ended 2023-03-31).
Auditor's report
Audited by Khurana Vineet & Associates, Chartered Accountants (Reg. No. 011964N), signed by CA Amit Gandhi on 29 September 2023.
The auditor gave an unqualified opinion with no emphasis-of-matter paragraph.
Balance sheet summary
Balance Sheet as on 31.03.2023 (previous year: 31.03.2022)
| Liabilities | 31.03.2023 (Rs.) | 31.03.2022 (Rs.) |
|---|---|---|
| Capital Reserves | ₹8,95,32,39,163 | ₹7,50,31,51,329 |
| Secured Loans | ₹35,70,93,50,459 | ₹41,46,77,58,332 |
| Unsecured Loans | ₹1,00,87,57,527 | ₹1,00,87,57,527 |
| Deposits with GMADA | ₹4,94,31,69,535 | ₹5,00,45,52,463 |
| Current Liabilities & Provisions | ₹2,23,61,28,041 | ₹2,45,79,85,381 |
| Total | ₹52,85,06,44,725 | ₹57,44,22,05,032 |
| Assets | 31.03.2023 (Rs.) | 31.03.2022 (Rs.) |
|---|---|---|
| Fixed Assets | ₹10,55,23,078 | ₹10,93,20,355 |
| Works Executed | ₹17,41,85,368 | ₹2,19,46,83,302 |
| Current Assets, Loans & Advances | ₹52,38,56,85,230 | ₹54,95,29,50,327 |
| Investment in Shares of Unlisted Company | ₹18,52,51,050 | ₹18,52,51,050 |
| Total | ₹52,85,06,44,725 | ₹57,44,22,05,032 |
The balance sheet size (total of assets, equal to total of liabilities) works out to roughly ₹5,285.06 crore, down from about ₹5,744.22 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.