To,

Members,

Your Committee of Administration is pleased to submit herewith the audited Balance Sheet as on 31st of March, 2000 and Income & Expenditure Account for the year ended on that day.

The Income & Expenditure Account after providing for all known and anticipated charges discloses an excess income of Rs. 90,37,884.91 over expenditure during the year. After adding the credit balance of Income and Expenditure Account of the last year amounting to Rs. 55,08,542.07 it comes to Rs. 1,45,46,426.98 which is carried forward.

An amount of Rs. 45,99,877.03 shown as current liabilities in the Balance Sheet includes refund of membership applications received @ Rs. 5000/- each, to be refunded @ Rs. 2000/- each, amounting to Rs. 14000/-, Advance Membership renewal fees (2000-2001) Rs. 6,10,000/-, Participation fees for sales cum study tour to Bangladesh Rs. 1,10,000/- & sales cum study team to Sri Lanka Rs. 1,10,000/-, Advance received from member towards Prime Minister National Relief Fund Rs. 28,600/-, Outstanding dues Rs. 35, 91,101.75 & temporary overdraft of SBI Rs. 1,36,175.28.