Dec. '07 SR

<body topmargin=0 leftmargin=0 marginheight=0 marginwidth=0> <table cellpadding=0 cellspacing=0 border=0><tr> <td valign="top" height=90 BGCOLOR="#006699" TEXT="#080000" background="043d05a3.jpg"> <div> <FONT SIZE="5" COLOR="#000000" FACE="Arial" ><B>MORGAN VENTURES LIMITED</B></FONT><B>    </B><B> |     </B><A HREF="index.htm" TARGET="_top" TITLE="MORGAN VENTURES LIMITED"><B>home</B></A></div> <div> <A HREF="id66.htm" TARGET="_top" TITLE="DEC.05 SH">DEC.'05 SH</A>   |   <A HREF="id83.htm" TARGET="_top" TITLE="June 06 SH">June '06 SH</A>   |   <A HREF="id84.htm" TARGET="_top" TITLE="P2">P2</A>   |   <A HREF="id85.htm" TARGET="_top" TITLE="P3">P3</A>   |   <A HREF="id86.htm" TARGET="_top" TITLE="P4">P4</A>   |   <A HREF="id87.htm" TARGET="_top" TITLE="P5">P5</A>   |   <A HREF="id88.htm" TARGET="_top" TITLE="P6">P6</A>   |   <A HREF="id89.htm" TARGET="_top" TITLE="P7">P7</A>   |   <A HREF="id90.htm" TARGET="_top" TITLE="June 06 SR">June '06 SR</A>   |   <A HREF="id91.htm" TARGET="_top" TITLE="Mar.06 QR">Mar.'06 QR</A>   |   <A HREF="id92.htm" TARGET="_top" TITLE="June 06 QR">June '06 QR</A>   |   <A HREF="id93.htm" TARGET="_top" TITLE="Mar.06 SR">Mar.'06 SR</A>   |   <A HREF="id94.htm" TARGET="_top" TITLE="Sep.06 SH ">Sep.'06 SH </A>   |   <A HREF="id95.htm" TARGET="_top" TITLE="Page 2">Page 2</A>   |   <A HREF="id96.htm" TARGET="_top" TITLE="Page 5">Page 5</A>   |   <A HREF="id100.htm" TARGET="_top" TITLE="Page 6">Page 6</A>   |   <A HREF="id101.htm" TARGET="_top" TITLE="Page 7">Page 7</A>   |   <A HREF="id102.htm" TARGET="_top" TITLE="Dec.06 SH">Dec.06 SH</A>   |   <A HREF="id103.htm" TARGET="_top" TITLE="Page 2">Page 2</A>   |   <A HREF="id104.htm" TARGET="_top" TITLE="Page 3">Page 3</A>   |   <A HREF="id105.htm" TARGET="_top" TITLE="Page4">Page4</A>   |   <A HREF="id106.htm" TARGET="_top" TITLE="Page 5">Page 5</A>   |   <A HREF="id107.htm" TARGET="_top" TITLE="Dec. 06 QR">Dec. 06 QR</A>   |   <A HREF="id108.htm" TARGET="_top" TITLE="Dec. 06 SR">Dec. 06 SR</A>   |   <A HREF="id109.htm" TARGET="_top" TITLE="June 07 SH">June 07 SH</A>   |   <A HREF="id110.htm" TARGET="_top" TITLE="Page 2">Page 2</A>   |   <A HREF="id111.htm" TARGET="_top" TITLE="Page 3">Page 3</A>   |   <A HREF="id112.htm" TARGET="_top" TITLE="Page 4">Page 4</A>   |   <A HREF="id113.htm" TARGET="_top" TITLE="Page 5">Page 5</A>   |   <A HREF="id114.htm" TARGET="_top" TITLE="March 07 SH">March '07 SH</A>   |   <A HREF="id115.htm" TARGET="_top" TITLE="Sh 07p2">Sh 07-p2</A>   |   <A HREF="id116.htm" TARGET="_top" TITLE="Sh 07 p3">Sh '07 -p3</A>   |   <A HREF="id117.htm" TARGET="_top" TITLE="Mar. 08 SH">Mar. 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'07 SR</I></div> <div> <TABLE BORDER="2" CELLPADDING="1" CELLSPACING="1" WIDTH="867" BORDERCOLORLIGHT="#C0C0C0" BORDERCOLORDARK="#808080" FRAME="BOX" RULES="ALL" HSPACE="0" VSPACE="0" > <tR> <tD VALIGN=TOP ROWSPAN=2 COLSPAN=6 HEIGHT= 1 ><NOBR><div> <B>Segmentwise Revenue,Results and Capital Employed under Clause 41 of the Listing Agreement</B></div> </NOBR></tD> </tR> <tR> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="237" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="119"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="119" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="127"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="127" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="112"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="112" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="115"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="115" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="122"><div> (Rs.in lacs)</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="237"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="237" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="119"><div> <B>3months</B></div> </tD> <tD VALIGN=TOP><NOBR><div> <B>Corresponding</B></div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> <B>Year to date</B></div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> <B>Year to date</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="122"><div> <B>Previous</B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="237" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="119"><div> Ended</div> </tD> <tD VALIGN=TOP><NOBR><div> 3 months Ended</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="112"><div> figure for</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> figure for</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> Accounting</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="237"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="237" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="119"><div> <B>31.12.2007</B></div> </tD> <tD VALIGN=TOP><NOBR><div> <B>in the previous </B></div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> <B>current period</B></div> </NOBR></tD> <tD VALIGN=TOP><NOBR><div> <B>previous year</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="122"><div> <B>Year Ended</B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="237"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="237" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="119"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="119" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="127"><div> <B>year</B></div> </tD> <tD VALIGN=TOP WIDTH="112"><div> <B>ended</B></div> </tD> <tD VALIGN=TOP WIDTH="115"><div> <B>ended</B></div> </tD> <tD VALIGN=TOP WIDTH="122"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="122" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="237"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="237" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="119"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="119" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="127"><div> <B>31.12.2006</B></div> </tD> <tD VALIGN=TOP WIDTH="112"><div> <B>31.12.2007</B></div> </tD> <tD VALIGN=TOP WIDTH="115"><div> <B>31.12.2006</B></div> </tD> <tD VALIGN=TOP WIDTH="122"><div> <B>30.06.2007</B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><div> Segment Revenue</div> </tD> <tD VALIGN=TOP WIDTH="119"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="119" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="127"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="127" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="112"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="112" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="115"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="115" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="122"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="122" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> Trading on capital Equipments</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="119"><div> 115.76</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> 106.30</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> 117.76</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> 106.30</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> 1942.95</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><div> Fund Based Activities</div> </tD> <tD VALIGN=TOP WIDTH="119"><div> 3.34</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> 3.36</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> 7.40</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> 1.69</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><div> Investments</div> </tD> <tD VALIGN=TOP WIDTH="119"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> 0.30</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> 0.30</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> 8.14</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><div> Windmill Operation </div> </tD> <tD VALIGN=TOP WIDTH="119"><div> 55.61</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> 34.99</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> 172.13</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> 142.34</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> 406.35</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 39 WIDTH="237"><div> <B>Net Sales/Income form Operations </B></div> </tD> <tD VALIGN=TOP WIDTH="119"><div> <B>174.71</B></div> </tD> <tD VALIGN=TOP WIDTH="127"><div> <B>141.59</B></div> </tD> <tD VALIGN=TOP WIDTH="112"><div> <B>293.25</B></div> </tD> <tD VALIGN=TOP WIDTH="115"><div> <B>256.34</B></div> </tD> <tD VALIGN=TOP WIDTH="122"><div> <B>2359.13</B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="237" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="119"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="119" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="127"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="127" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="112"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="112" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="115"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="115" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="122"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="122" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="237"><div> <B>Segment Results </B></div> </tD> <tD VALIGN=TOP WIDTH="119"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="119" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="127"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="127" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="112"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="112" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="115"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="115" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="122"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="122" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 ><NOBR><div> <B>(Profit before Interest and Tax)</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="119"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="119" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="127"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="127" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="112"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="112" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="115"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="115" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="122"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="122" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> Trading on capital Equipments</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="119"><div> 23.15</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> 50.00</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> 23.55</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> 50.00</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> 438.79</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><div> Fund Based Activities</div> </tD> <tD VALIGN=TOP WIDTH="119"><div> -39.89</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> -36.01</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> -58.51</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> -51.09</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> -154.51</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><div> Investments</div> </tD> <tD VALIGN=TOP WIDTH="119"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> 0.30</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> 0.30</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> 8.14</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><div> Windmill Operation </div> </tD> <tD VALIGN=TOP WIDTH="119"><div> 17.25</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> -2.55</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> 101.72</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> 70.43</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> 256.02</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 ><NOBR><div> <B>Total Segment Results</B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="119"><div> <B>0.51</B></div> </tD> <tD VALIGN=TOP WIDTH="127"><div> <B>11.74</B></div> </tD> <tD VALIGN=TOP WIDTH="112"><div> <B>66.76</B></div> </tD> <tD VALIGN=TOP WIDTH="115"><div> <B>69.64</B></div> </tD> <tD VALIGN=TOP WIDTH="122"><div> <B>548.44</B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><div> Less : Interest Expense</div> </tD> <tD VALIGN=TOP WIDTH="119"><div> 58.80</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> 0.12</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> 59.96</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> 0.21</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> 284.22</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 ><NOBR><div> Less : Unallocable Expenditure</div> </NOBR></tD> <tD VALIGN=TOP WIDTH="119"><div> 0.09</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> 0.22</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> 0.32</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> 0.40</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> 1.16</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="237"><div> <B>Total Profit Before Tax</B></div> </tD> <tD VALIGN=TOP WIDTH="119"><div> <B>-58.38</B></div> </tD> <tD VALIGN=TOP WIDTH="127"><div> <B>11.40</B></div> </tD> <tD VALIGN=TOP WIDTH="112"><div> <B>6.48</B></div> </tD> <tD VALIGN=TOP WIDTH="115"><div> <B>69.03</B></div> </tD> <tD VALIGN=TOP WIDTH="122"><div> <B>263.06</B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="237" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="119"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="119" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="127"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="127" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="112"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="112" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="115"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="115" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="122"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="122" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP COLSPAN=2 HEIGHT= 20 ><NOBR><div> <B>Capital Employed (Segment Assets less </B></div> </NOBR></tD> <tD VALIGN=TOP WIDTH="127"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="127" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="112"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="112" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="115"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="115" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="122"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="122" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="237"><div> <B>Segment Liabilities)</B></div> </tD> <tD VALIGN=TOP WIDTH="119"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="119" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="127"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="127" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="112"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="112" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="115"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="115" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="122"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="122" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><div> Capital Equipments</div> </tD> <tD VALIGN=TOP WIDTH="119"><div> 4050.64</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> 4050.64</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> 0.00</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> 4144.84</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><div> Fund Based Activities</div> </tD> <tD VALIGN=TOP WIDTH="119"><div> -4067.45</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> 6269.66</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> -4067.45</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> 6269.66</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> -3436.08</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><div> Investments</div> </tD> <tD VALIGN=TOP WIDTH="119"><div> 4393.16</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> 401.14</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> 4393.16</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> 401.14</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> 4487.37</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><div> Windmill Operation </div> </tD> <tD VALIGN=TOP WIDTH="119"><div> 1963.67</div> </tD> <tD VALIGN=TOP WIDTH="127"><div> 1980.11</div> </tD> <tD VALIGN=TOP WIDTH="112"><div> 1963.67</div> </tD> <tD VALIGN=TOP WIDTH="115"><div> 1980.11</div> </tD> <tD VALIGN=TOP WIDTH="122"><div> 2057.49</div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 39 WIDTH="237"><div> <B>Total Capital Employed in the Company</B></div> </tD> <tD VALIGN=TOP WIDTH="119"><div> <B>6340.02</B></div> </tD> <tD VALIGN=TOP WIDTH="127"><div> <B>8650.91</B></div> </tD> <tD VALIGN=TOP WIDTH="112"><div> <B>6340.02</B></div> </tD> <tD VALIGN=TOP WIDTH="115"><div> <B>8650.91</B></div> </tD> <tD VALIGN=TOP WIDTH="122"><div> <B>7253.62</B></div> </tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="237" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="119"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="119" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="127"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="127" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="112"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="112" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="115"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="115" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="122"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="122" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 20 WIDTH="237"><div> <B>Notes :</B></div> </tD> <tD VALIGN=TOP WIDTH="119"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="119" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="127"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="127" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="112"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="112" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="115"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="115" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="122"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="20" ALIGN="bottom" WIDTH="122" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP HEIGHT= 19 WIDTH="237"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="237" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="119"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="119" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="127"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="127" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="112"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="112" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="115"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="115" HSPACE="0" VSPACE="0"></tD> <tD VALIGN=TOP WIDTH="122"><IMG BORDER="0" SRC="1x1.gif" HEIGHT="19" ALIGN="bottom" WIDTH="122" HSPACE="0" VSPACE="0"></tD> </tR> <tR> <tD VALIGN=TOP ROWSPAN=2 COLSPAN=6 HEIGHT= 1 ><NOBR><div> 1. Segments have been identified in line with the Accounting Standard on Segment Reporting. </div> </NOBR></tD> </tR> <tR> </tR> <tR> <tD VALIGN=TOP ROWSPAN=4 COLSPAN=6 HEIGHT= 1 ><NOBR><div> 2. Segment Revenue,Results and Capital Employed figures include the respective amounts identifiable </div> <div>     to each of the segments.Unallocable  expenditure  includes expenses  incurred at a  corporate level  </div> <div>     which relate to the company as a whole.</div> <div>     </div> </NOBR></tD> </tR> <tR> </tR> <tR> </tR> <tR> </tR> </TABLE></div> <bR> </td> </tr></table></body>