Annual Statements
Annual Statement — FY 2019-20
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 2019-20 (year ended 2020-03-31).
Auditor's report
Audited by Simrit & Associates, Chartered Accountants (Reg. No. 012363N), signed by CA Mamta Kharbanda on 12 January 2021.
The auditor gave an unqualified opinion with no emphasis-of-matter paragraph. The report was signed roughly nine months after the financial year end.
Balance sheet summary
Balance Sheet as on 31.03.2020 (previous year: 31.03.2019)
| Liabilities | 31.03.2020 (Rs.) | 31.03.2019 (Rs.) |
|---|---|---|
| Capital Reserves | ₹6,43,09,49,739 | ₹5,80,81,74,762 |
| Secured Loans | ₹39,27,07,46,001 | ₹32,67,77,23,103 |
| Unsecured Loans | ₹1,00,87,57,527 | ₹1,00,87,57,527 |
| Deposits with GMADA | ₹5,88,58,32,363 | ₹13,28,00,83,629 |
| Current Liabilities & Provisions | ₹4,00,86,02,798 | ₹4,66,63,19,077 |
| Total | ₹56,60,48,88,428 | ₹57,44,10,58,098 |
| Assets | 31.03.2020 (Rs.) | 31.03.2019 (Rs.) |
|---|---|---|
| Fixed Assets | ₹12,40,48,010 | ₹13,03,51,255 |
| Works Executed | ₹19,39,40,314 | ₹36,48,52,71,018 |
| Current Assets, Loans & Advances | ₹56,10,16,49,052 | ₹20,64,01,84,775 |
| Investment in Shares of Unlisted Company | ₹18,52,51,050 | ₹18,52,51,050 |
| Total | ₹56,60,48,88,428 | ₹57,44,10,58,098 |
The balance sheet size (total of assets, equal to total of liabilities) works out to roughly ₹5,660.49 crore, down from about ₹5,744.11 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.