Name of Distribution Licensee: HPSEB
Balance Sheet					Form No: S2
				All figures in Rs Crores
	Particulars		PY	CY	EY
			2005-06	2006-07	2007-08
I.	SOURCES OF FUNDS
	A) Shareholders’ Funds
	a) Share Capital		106.36	106.36	106.36
	b) Reserves and Surplus		(34.89)	(357.30)	(501.66)
	B) Special Appropriation towards Project Cost		441.15	551.61	671.61
	C) Loan Funds
	a) Secured Loans		903.77	744.16	810.46
	b) Unsecured Loans		24.77	24.77	24.77
	D) Other sources of Funds
	a) Capital contributions from consumers		-	-	-
	b) Consumers’ Security Deposits		114.11	88.22	138.22
	TOTAL SOURCES OF FUNDS		1,555.26	1,157.81	1,249.76
II.	APPLICATION OF FUNDS
	A) Fixed Assets
	a) Gross Block		930.00	1,010.00	1,093.00
	b) less: Accumulated Depreciation		(155.03)	(178.28)	(204.03)
	c) Net Block		774.97	831.72	888.97
	d) Capital Work in Progress		610.46	699.72	918.71
	e) less: Amount wrtitten off till date		-
	B) Investments		325.04	328.04	331.04
	C) Current Assets, Loans and Advances
	i)  Current Assets		607.24	634.53	534.65
	ii) Loans & Advances		14.45	12.45	10.45
	D) less: Current Liabilities and Provisions
	i)  Current Liabilities		(778.69)	(1,350.43)	(1,435.84)
	ii) Provisions
	E) Net Current Assets		(156.99)	(703.45)	(890.75)
	F) Miscellaneous Expenditure to the extent not written off		1.79	1.79	1.79
	TOTAL APPLICATION OF FUNDS		1,555.26	1,157.81	1,249.76