NATIONAL SEEDS CORPORATION  LIMITED
	BUDGET ESTIMATES 2006-07
	PROFIT & LOSS ACCOUNT
	(Rs. in Lakhs)
		2005-06		Budget Estimates 2007-08
		Actuals	Revised Estimates	Total
	INCOME
	Sales	10483.59	11000.00	12000.00
	Services	20.95	20.00	25.00
	Depreciation on assets purchased out of Grant-in-aid	21.81	27.00	30.00
	Other Income	392.28	425.00	385.00
	Total Income	10918.63	11472.00	12440.00
	EXPENDITURE
	Purchases	6695.61	6985.00	7600.00
	Operational Expenses	802.06	850.00	905.00
	Employees Remuneration and Benefits	1971.25	2130.00	2200.00
	Administrative Expenses	361.55	372.60	393.30
	Selling Expenses	164.17	225.00	250.00
	Interest	56.41	50.00	60.00
	Depreciation	65.98	75.00	75.00
	Provision & Write- offs	7.97	50.00	50.00
	Total Expenditure	10125.00	10737.60	11533.30
	Add: Opening Stock	1327.55	1250.00	1350.00
	Less: Closing Stock	1250.00	1350.00	1450.00
	Total	10202.55	10637.60	11433.30
	Profit / Estimated Profit	716.08	834.40	1006.70
	Prior Period adjustments	-2.68	-5.00	-5.00
	Profit / Loss before Tax	713.40	829.40	1001.70
	Provision for Income Tax	279.91	310.00	370.00
	Excess Provision for Income Tax in respect of earlier years
	Profit / Loss after Tax	433.49	519.40	631.70