SCHEDULE 2 - RESERVES & SURPLUS (Rs.000 omitted)
As on 31.03.2005 As on 31.03.2004
I. Statutory Reserves
Opening Balance 11910397 9138671
Addition during the year 3525303 2771726
15435700 11910397
II. Capital Reserves

a.

Revaluation Reserve
Opening Balance 3210380 3295829
Deduction during the year
(Depreciation on revalued portion of property adjusted)
85449 85449
3124931 3210380

b.

Others    
Opening Balance 580332 556666
Additions during the year 975058 23666
    1555390   580332
     
III. Share Premium        
Opening Balance 1114285 1114285
Additions during the year 30400000 0
Deduction during the year
11400000 0
    20114285   1114285
     
IV. Revenue and other Reserves

a.

Investment Fluctuation Reserve
Opening Balance 9649743 5001285
Add: Transfer from P&L Appropriation A/c 9373632 4648458
  19023375 9649743

b.

Exchange Fluctuation Reserve
Opening Balance 0 0
Add: Transfer from P&L Appropriation A/c 651 0
  651 0

c.

Other Reserves
Opening Balance 20999908 18570167
Additions during the year 0 2445875
Less: Transferred to P&L Appropriation A/c 1750046 0
Less: Accumulated Loss (net of reserves) of PNB Caps Ltd 0   16134  
Less: Accumulated Loss (net of reserves) of PNB AMC Ltd 44227   0  
19205635 20999908

     

         
           
       
V. Balance in Profit & Loss account 0 0
TOTAL of I, II, III, IV,V 78459967 47465045