CONTENTS Highlights 02 03 04 Corporate Information Highlights of the Year Chairman’s Statement Governance 06 17 31 Management Report on Directors’ Report Discussion and Analysis Corporate Governance Financial Statements STANDALONE FINANCIALS 55 59 61 62 64 Independent Balance Sheet Statement of Cash Flow Statement Notes to Auditors’ Report Profit and Loss Financial Statements CONSOLIDATED FINANCIALS 86 91 93 94 96 Auditors’ Report on Consolidated Consolidated Statement Consolidated Notes to Consolidated Consolidated Financial Balance Sheet of Profit and Loss Cash Flow Statement Financial Statements Statements Corporate Information Board of Directors Mr. T.L. Sankar Mr. S.R. Iyer Mr. Girish Nilkanth Kulkarni Mrs. Shubhalakshmi Panse Mr. K.A. Sastry Mr. S. Kishore Mr. K. Bapi Raju Mr. Anil Kumar Kutty Mr. Tanmay Das Chief Financial Officer Mr. V. Sambasiva Rao Company Secretary Mr. M.S. Phani Sekhar Registered Office 8-2-293/82/A/431/A, Road No.22, Jubilee Hills, Hyderabad - 500 033, Telangana, India Ph: 040-23559922-25 Fax: 040-23559930 E-mail:
[email protected] CIN:L45204AP2001PLC057199 Statutory Auditors M/s. Umamaheswara Rao & Co., Chartered Accountants Flat No.5-H, Krishna Apartments, Ameerpet X Roads, Hyderabad - 500 073 Telangana, India Bankers Andhra Bank Bank of India Indian Bank UCO Bank Axis Bank Registrar & Share Transfer Agent Karvy Computershare Private Limited Karvy Selenium Tower B, Plot 31-32, Gachibowli, Financial District, Nanakramguda, Hyderabad - 500 032. Ph: 040-67162222 Fax: 040-23001153 E-mail:
[email protected] Shares Listed at National Stock Exchange of India Limited BSE Limited Website www.ksk.co.in 02 KSK ENERGY V ENTURES L IMITED Highlights of the year £ Operating capacity stood at 2072 MW £ Two units of 600 MW each of KSK Mahanadi have been commissioned.