Name of Transmission Licensee: HPSEB
Profit & Loss Account				Form No: S1
				All figures in Rs Crores
	Particulars		PY	CY	EY
			2005-06	2006-07	2007-08
A	Revenue
1	Revenue from transmission and ancillary services*		-	-	-
2	Other Non-tariff income		21.12	24.28	25.50
3	Revenue subsidies		-	-	-
	Total Revenue or Income		21.12	24.28	25.50
B	Expenditure
1	Expenses for SLDC's fees & charges		-	-	-
2	Repairs and Maintenance		1.65	1.74	1.97
3	Employee costs		38.37	41.48	45.35
4	Administration and General expenses		5.34	6.31	6.51
5	Net prior period credit charges		1.40	-	-
6	Other Debits, Write-offs		-	-	-
7	Extraordinary items		-	-	-
8	Less: Expenses Capitalized		(13.83)	(15.15)	(16.62)
C	PBDIT		(32.93)	(34.38)	(37.21)
D	Depreciation and Related debits		12.70	16.72	20.47
E	PBIT		(45.63)	(51.09)	(57.68)
1	Interest & Finance Charges		25.63	15.96	19.77
2	Less: Interest Capitalized		(6.37)	(6.55)	(6.18)
F	Total Interest and Finance Charges		19.26	9.41	13.59
G	PBT		(64.89)	(60.50)	(71.27)
H	Profit/Loss before Tax		(64.89)	(60.50)	(71.27)
I	Income Tax		-	-	-
J	Profit/Loss after Tax		(64.89)	(60.50)	(71.27)
* Ancillary Services implies revenues from grid support, reactive energy and other facility provided.
		FY 2004-05				FY 2005-06						FY 2006-07						FY 2007-08
						Addition/Deletion during the year
	Appplication of Funds	Gen	Trans	Dist	Total	Gen	Trans	Dist	Total	HO	Total	Gen	Trans	Dist	Total	HO	Total	Gen	Trans	Dist	Total	HO	Total
1	Gross Fixed Assets	738.10	627.63	826.85	2192.58	738.10	627.63	826.85	2192.58	0.00	2192.58	723.70	668.66	930.00	2322.36	0.00	2322.36	1957.30	818.66	1010.00	3785.96	0.00	3785.96
	Addition during the year					(14.40)	41.03	103.15	129.78	0.00	129.78	1233.60	150.00	80.00	1463.60	0.00	1463.60	164.63	57.00	83.00	304.63	0.00	304.63
	Less: Depreciation during the year					(21.33)	(12.70)	(19.67)	(53.70)		-53.70	-18.09	-16.72	-23.25	-58.06	0.00	-58.06	-50.93	-17.97	-25.75	-94.65	0.00	-94.65
	Less: Cumulative Depreciation	-144.18	-74.84	-135.36	-354.38	(165.51)	(87.54)	(155.03)	(408.08)	0.00	(408.08)	(183.60)	(104.26)	(178.28)	(466.14)	0.00	(466.14)	-234.53	-122.23	-204.03	(560.79)	0.00	(560.79)
	Net Fixed assets	593.92	552.79	691.49	1838.20	558.19	581.12	774.97	1914.28	0.00	1914.28	1773.70	714.40	831.72	3319.82	0.00	3319.82	1887.40	753.43	888.97	3529.80	0.00	3529.80
2	Capital WIP	1197.40	74.45	458.76	1730.61	153.76	34.13	151.70	339.59	0.00	339.59	-1048.34	-47.95	89.26	-1007.03	0.00	-1007.03	-3.09	120.44	218.99	336.34	0.00	336.34
	Total					1351.16	108.58	610.46	2070.20	0.00	2070.20	302.82	60.63	699.72	1063.17	0.00	1063.17	299.73	181.07	918.71	1399.51	0.00	1399.51
3	Defered Assets	62.54	0.00	0.00	62.54	3.35	0.04	0.00	3.39	0.00	3.39	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Total					65.89	0.04	0.00	65.93	0.00	65.93	65.89	0.04	0.00	65.93	0.00	65.93	65.89	0.04	0.00	65.93	0.00	65.93
4	Assets not in use	1.58	1.35	1.78	4.71	0.00	(0.01)	0.01	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Total					1.58	1.34	1.79	4.71	0.00	4.71	1.58	1.34	1.79	4.71	0.00	4.71	1.58	1.34	1.79	4.71	0.00	4.71
5	Investments	60.59	28.24	313.79	402.62	2.22	0.67	11.25	14.14	0.00	14.14	1.00	1.00	3.00	5.00	0.00	5.00	1.00	1.00	3.00	5.00	0.00	5.00
	Total					62.81	28.91	325.04	416.76	0.00	416.76	63.81	29.91	328.04	421.76	0.00	421.76	64.81	30.91	331.04	426.76	0.00	426.76
	Current Assets
6	Stores	11.59	7.33	26.66	45.58	(4.10)	(0.57)	7.32	2.65	0.00	2.65	5.50	4.96	24.95	35.41	0.00	35.41	-1.00	-1.00	-8.00	-10.00	0.00	-10.00
	Total					7.49	6.76	33.98	48.23	0.00	48.23	12.99	11.72	58.93	83.64	0.00	83.64	11.99	10.72	50.93	73.64	0.00	73.64
7	Receivable for supply of power
	(1) with in the State	0.00	0.00	244.58	244.58	0.00	0.00	(2.69)	(2.69)	0.00	(2.69)	0.00	0.00	177.61	177.61	0.00	177.61	0.00	0.00	-50.00	-50.00	0.00	-50.00
	Total					0.00	0.00	241.89	241.89	0.00	241.89	0.00	0.00	419.50	419.50	0.00	419.50	0.00	0.00	369.50	369.50	0.00	369.50
	(2) Outside the State	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00		0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
	Total					0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
8	Cash & Bank Balance	5.01	10.23	22.89	38.13	(1.13)	(2.28)	(4.37)	(7.78)	0.00	-7.78	1.00	1.00	5.00	7.00	0.00	7.00	1.00	1.00	5.00	7.00	0.00	7.00
	Total					3.88	7.95	18.52	30.35	0.00	30.35	4.88	8.95	23.52	37.35	0.00	37.35	5.88	9.95	28.52	44.35	0.00	44.35
9	Loans & Advances	5.45	3.51	16.31	25.27	0.48	-0.32	-1.86	-1.70	0.00	(1.70)	-1.00	-1.00	-2.00	-4.00	0.00	-4.00	-1.00	-1.00	-2.00	-4.00	0.00	-4.00
	Total					5.93	3.19	14.45	23.57	0.00	23.57	4.93	2.19	12.45	19.57	0.00	19.57	3.93	1.19	10.45	15.57	0.00	15.57
10	Sundry Receivables	84.48	71.00	131.54	287.02	110.72	81.80	236.00	428.52	0.00	428.52	0.00	0.00	-103.42	-103.42	0.00	-103.42	0.00	0.00	-46.88	-46.88	0.00	-46.88
	Total					110.72	81.80	236.00	428.52	0.00	428.52	110.72	81.80	132.58	325.10	0.00	325.10	110.72	81.80	85.70	278.22	0.00	278.22
	Total Current Assets	106.53	92.07	441.98	640.58	128.02	99.70	544.84	772.56	0.00	772.56	133.51	104.67	646.98	885.16	0.00	885.16	132.51	103.67	545.10	781.28	0.00	781.28
11	Security Deposits	0.00	0.00	(81.03)	(81.03)	0.00	0.00	(33.08)	(33.08)	0.00	-33.08	0.00	0.00	25.89	25.89	0.00	25.89	0.00	0.00	-50.00	-50.00	0.00	-50.00
	Total					0.00	0.00	(114.11)	(114.11)	0.00	(114.11)	0.00	0.00	-88.22	-88.22	0.00	-88.22	0.00	0.00	-138.22	-138.22	0.00	-138.22
12	Current Liabilities	(79.93)	(59.76)	(568.68)	(708.37)	(5.98)	(36.06)	(210.01)	(252.05)	0.00	(252.05)	(63.08)	(70.36)	(571.74)	-705.18	0.00	-705.18	(9.42)	(10.51)	(85.42)	(105.35)	0.00	(105.35)
	Total					(85.91)	(95.82)	(778.69)	(960.42)	0.00	(960.42)	(148.99)	(166.18)	(1350.43)	(1665.60)