Genesis Developers And Holdings Limited Annual Report, Balance Sheet and Financials

Particulars

2023

2022

(1) ASSETS

Non-current assets

(a) Property, Plant and Equipment

3

3

(b) Financial Assets

(i) Loans

40,520

40,513

(2) Current assets

(a) Inventories

2,98,380

2,98,443

(b) Financial Assets

(i) Cash and cash equivalents

71

93

(ii) Bank balances other than above

833

17

(c) Other current assets

26

26

Total Assets

3,39,832

3,39,095

EQUITY AND LIABILITIES

Equity

(a)  Equity Share Capital

81,652

81,652

(b)  Other Equity

2,56,433

2,56,389

LIABILITIES

Non-current liabilities

(a)  Financial Liabilities

(b)  Provisions

-

-

(c)  Deferred tax liabilities (Net)

1

1

(d)  Other non-current liabilities

-

60

Current liabilities

(a)  Financial Liabilities

(i)  Borrowings

1,659

956

(b)  Other current liabilities

87

37

Total Equity and Liabilities

3,39,832

3,39,095

PARTICULARS

   2023

   2022

Revenue From Operations

758

-

Other Income

-

-

Total Income (I+II)

758

-

EXPENSES

Changes in inventories of finished

64

-

Employee benefits expense

161

180

Finance costs

1

3

Other expenses

489

350

Total expenses

714

533

Profit/(loss) before exceptional items and tax

44

-533

Exceptional Items

-

-

Profit/(loss) before tax

44

-533

Tax expense:

(1) Current tax

7

-

(2) MAT Credit Entiltlement

-7

-

(3) Deferred tax

0

0

Profit (Loss) for the period from continuing operations

44

-533

Profit/(loss) for the period

44

-533

GENESIS DEVELOPERS AND HOLDINGS LIMITED

( IN LACS)

PARTICULARS

2023

2022

Cash flows from operating activities

Profit before taxation

0.44

-5.33

Adjustments for:

-

-

Provisoin for income tax

0.07

-

Deferred tax

-0.01

-

Profit / (Loss) on the sale of property, plant &

Working capital changes:

-

-

(Increase) / Decrease in trade and other

0.29

0.08

Increase / (Decrease) in trade payables

0.1

0.11

Dividends paid

-

-

Net cash from operating activities

0.9

-5.14

Cash flows from financing activities

-

-

Proceeds from long-term borrowings

7.03

4.47

Net cash used in financing activities

7.03

4.47

Net increase in cash and cash equivalents

7.93

-0.67

Cash  and  cash  equivalents  at  beginning  of period

1.1

1.77

Cash and cash equivalents at end of period

9.04

1.1