Annual Financial Statement 2018–19
Poonjar Thekkekara Grama Panchayat — Summary
1. Income & Expenditure Statement
Income / Receipts
| Particulars | Amount (₹) |
|---|
| Tax Revenue | 26,24,632 |
| Rental Income | 1,82,692 |
| Fees & User Charges | 3,18,539 |
| Sales / Hire Charges | 2,38,902 |
| Grants, Funds & Subsidies | 8,26,91,238 |
| Interest Income | 1,03,039 |
| Other Income | 5,055 |
| Total Income | 8,61,64,097 |
Expenditure
| Particulars | Amount (₹) |
|---|
| Employee Expenses | 1,00,58,119 |
| Administrative Expenses | 10,07,543 |
| Operation & Maintenance Expenses | 60,51,530 |
| Production Sector Projects | 46,18,181 |
| Service Sector Projects | 2,54,21,942 |
| Infrastructure Sector Projects | 14,06,661 |
| Other Projects | 1,65,755 |
| State-Sponsored Schemes | 2,98,17,393 |
| Maintenance Projects | 87,10,839 |
| Depreciation | 26,15,765 |
| Total Expenditure | 9,04,11,681 |
Gross Deficit for the Year: ₹42,47,584
Deficit after Prior Period Adjustments: ₹2,48,547
2. Balance Sheet as on 31-03-2019
Liabilities
| Particulars | Amount (₹) |
|---|
| Panchayat Fund | 20,65,518 |
| Reserves | 3,38,95,960 |
| Special Grant Funds | 51,49,038 |
| Secured Loans | 1,06,87,134 |
| Deposits | 4,73,481 |
| Other Liabilities | 5,99,193 |
| Total Liabilities | 5,28,70,324 |
Assets
| Particulars | Amount (₹) |
|---|
| Net Fixed Assets | 3,18,18,133 |
| Receivables | 2,70,766 |
| Prepaid Expenses | 1,06,60,018 |
| Bank / Cash Balance | 93,83,825 |
| Advances | 7,37,582 |
| Total Assets | 5,28,70,324 |
3. Receipt & Payment Statement
Major Receipts
- Revenue Grants & Funds: ₹3,54,78,225
- Specific Purpose Grants: ₹1,13,91,275
- Secured Loans: ₹1,06,87,134
- Tax Revenue: ₹8,12,130
Major Payments / Expenditure
- Service Sector Projects: ₹1,39,24,732
- Maintenance Projects: ₹87,10,839
- Establishment Expenses: ₹36,69,320
- Fixed Asset Creation: ₹34,43,356
4. Cash Flow Position
| Particulars | Amount (₹) |
|---|
| Opening Bank / Cash Balance | 95,01,503 |
| Closing Bank / Cash Balance | 93,83,825 |
| Decrease | 1,17,678 |
Financial Analysis – 2018–19
- The total assets of the Panchayat increased to approximately ₹5.29 crore.
- The closing Bank/Cash Balance stood at ₹93.84 lakh.
- The Panchayat recorded total income of ₹8.62 crore and total expenditure of ₹9.04 crore.
- State and Central Government grants and funds constituted the major sources of revenue.
- The largest expenditure was incurred on service-sector projects, welfare-related activities and maintenance works.
- The financial year recorded a gross deficit of ₹42.48 lakh, while the deficit after prior-period adjustments was ₹2.49 lakh.
- The Balance Sheet was balanced at ₹5,28,70,324, with total liabilities equal to total assets.
