CENTRAL GOVERNMENT EMPLOYEES
CONSUMER CO-OPERATIVE SOCIETY LIMITED
PUSHPA BHAWAN, MADANGIR ROAD, NEW DELHI-110062
CONTENTS
1.
Board of Directors
2
2.
Executive Management
3
3.
Some Facts
4
4.
Some Figures at a Glance
10
5.
Chairperson’s Speech
11
6.
Directors’ Report
14
7.
Auditor’s Report
19
8.
Management Comments
22
9.
Annual Accounts
27
10.
Important Telephone Nos. & Postal Addresses
43
11.
Evaluation and Assessment of Functioning of
Kendriya Bhandar
57
A Multi-State Co-operative Society under the aegis of
Ministry of Personnel, Public Grievances & Pensions
Government of India
1
BOARD OF DIRECTORS
AS ON 01.09.2016
CHAIRPERSON
SMT. POONAM RAWAT
DIRECTORS
KM. KIMBUONG KIPGEN
SMT. G. JAYANTHI
SHRI J. SRINIVASAN
SHRI M.S.RAWAT
SMT. ANITA NEGI
SHRI B.P.PANT
SHRI CHAMAN SINGH
SHRI PREM SINGH
SHRI RAKESH RAWAT
SHRI BALDEV SINGH
SHRI H.C.S. RAWAT
SHRI R.K. SINGH (MD)
SHRI NARENDER SINGH (CO-OPTED)
2
EXECUTIVE MANAGEMENT
AS ON 01.09.2016
SHRI R.K.SINGH
Managing Director
SHRI MUKESH CHATURVEDI
Chief Vigilance Officer
SHRI BIPIN BIHARI
Dy. General Manager (F &A)
SHRI BRIJ CHOUDHARY
Assistant General Manager (Stationery)
SHRI A.K.PARHI
Assistant General Manager (Grocery)
SHRI MUKESH KUMAR
Assistant General Manager (Consumer) & Secretary
SHRI DEBADAS RAY
Vigilance Officer
SHRI ASHOK KUMAR YADAV
Accounts Officer
SHRI BHARAT KUMAR
Accounts Officer
MS. SUSHMA
Accounts Officer
SHRI D.S. NEGI
Quality Control Officer
SHRI ASHWANI KUMAR
Systems Analyst
SHRI RISHI MATHUR
Public Relations Officer
3
SOME FACTS
02.01.63
: The Union Cabinet decided to set up the Society
22.01.63
: The Government notified setting up of the Society
30.04.63
: The Society was registered under the Cooperative Societies
Act.
01.07.63
: The first branch of the Society was opened at Raisina Road,
New Delhi
14.07.81
: The Government issued notification that all Departments and
their offices should make purchase of Stationery and other
items from Kendriya Bhandar
22.01.87
: First branch opened outside Delhi at K. K. Nagar, Chennai
04.02.88
: The order dated 14.07.81 was extended to the offices outside
Delhi
04.01.93
: Government asked all Public Undertakings to make their
purchases of Stationery and other items from Kendriya
Bhandar.
31.03.94
: Kendriya Bhandar crosses the sale of Rs. 100 crores
19.11.94
: Kendriya Bhandar wins the best Consumer Coop. Society
Award announced by the Government of Delhi for the year
1993-94.
12.09.95
: Sale of drugs started in Kendriya Bhandar
24,09.96
: Kendriya Bhandar opened its 100th store at Cochin
05.01.97
: General Manager, wins the Top Professional Manager Award
of the Institute of Marketing and Management.
31.03.97
: Kendriya Bhandar crosses the profit of Rs. 3 crores for the
first time.
31.03.98
: Kendriya Bhandar crosses the sale of Rs. 200 crores
31.03.98
: Kendriya Bhandar crosses the profit of Rs. 4 crores for the
first time
09.05.98
: Kendriya Bhandar opened store at Gwalior (M.P.)
15.06.98
: Kendriya Bhandar opened its store at Panaji (Goa)
10.07.98
: General Manager, wins the Eminent Personality Award
Instituted by Council for National Health Development.
4
20.11.98
: Kendriya Bhandar opened its store at Ghaziabad (U.P.)
20.11.98
: General Manager wins the Eminent Cooperators Award for
1997-98 of Delhi Govt.
24.12.98
: Kendriya Bhandar opened its Store at Secunderabad (A.P.)
25.07.99
: Kendriya Bhandar opened it Store at Jaipur (Rajasthan)
20.11.99
: Kendriya Bhandar wins the best Consumer Coop. Society
Award announced by the Government of Delhi for the year
1998-99.
08.09.2000
: Kendriya Bhandar becomes Multistate Sate Cooperative
Society.
09.09.2000
: Kendriya Bhandar opened its store at Kakkanad, Cochin.
29.09.2000
: Kendriya Bhandar opened its store at P & T Colony, R. K.
Puram-VI, N. Delhi.
30.10.2000
: Kendriya Bhandar opened its store at SPG complex,
Pappankalan, New Delhi.
20.11.2000
: Kendriya Bhandar wins the Best Consumer Coop. Society
Award announced by the Government of Delhi for the year
1999-2000.
09.07.2001
: Kendriya Bhandar opened its store at m Mankapur (U.P.)
08.08.2001
: Bye-laws of Kendriya Bhandar under Multi-state Coop. Society
Act, 1984approved by Centred Registrar of Coop. Societies.
17.09.2001
: Kendriya Bhandar opened its Store at Ayur Vigyan Nagar,
(AIIMS)New Delhi.
20.11.2001
: Managing Director, Kendriya Bhandar awarded with Best
Cooperator Award for the year 2000-2001.
19-.09.2002 : First modernized store at Netaji Nagar, New Delhi was
inaugurated by Smt. Vasundhra Raje, Hon’ble Minister of
Personnel, P.G. & Pensions.
01.09.2003
: Second modernized store at Pandara Road, New Delhi was
inaugurated by Shri Harin Pathak, Hon’ble Minister of
Personnel, P.G. & Pensions.
08.11.2003
: IIT Store - II was inaugrated
18.01.2004
: A new retail store was opened at Bhavishya Nidhi Enclave,
New Delhi
5
25.01.2004
: The Stationery sales office was opened in Vishakhapatnam.
12.07.2004
: The first Chemist Shop was opened at 23, Mahadev Road,
: New Delhi.
28.08.2004
: The new retail store was opened at Udyog Bhawan, New
Delhi.
31.03.2005
: Kendriya Bhandar crosses the sales of Rs. 300 crores.
19.04..2005 : Kendriya Bhandar opened a new Grocery Consumer store at
Delhi University, Delhi.
08.08.2005
: Kendriya Bhandar opened a new Branch at Gandhi Nagar,
Gujarat.
26.05.2006
: Kendriya Bhandar opened its new retail store at JNU Shopping
Complex, New Delhi
27.10.2006
: Kendriya Bhandar opened its new retail store at Jamia Millia
Islamia University, New Delhi
20.11.2006
: Honoured with Best Cooperative Award for the Year 2005-06
by the Govt, of NCT of Delhi
23.01.2007
: Kendriya Bhandar opened its new retail store at Jamia
Hamdard University, New Delhi
22.03.2007
: Kendriya Bhandar opened its new retail store at Lodhi Road
Market-I, New Delhi
05.07.2007
: Kendriya Bhandar opened its new retail store at Pushp Vihar
Market, Sect.-4, New Delhi
09.08.2007
: Kendriya Bhandar opened its Chemist Shop at Delhi University
(North Campus), Near Narnia Restaurant, Chhatra Marg,
Delhi
20.08.2007
: Kendriya Bhandar opened its new retail store at Indian Air Lines
Housing Colony Shopping Complex, Vasant Vihar, New Delhi
20.11.2007
: Managing Director, Kendriya Bhandar was honoured with
Best Co-operator Award for the Year 2006-07 by the Govt.
NCT of Delhi.
12.03.2008
: Kendriya Bhandar opened its new retail store at Vidyut
Vihar(IPGCL Colony), N. Delhi
08.04.2008
: Kendriya Bhandar opened its new retail store at NDPL Colony,
Shalimar Bagh, Delhi
6
17.06.2008
: Kendriya Bhandar opened its new retail store at Delhi
Secretariat Building, IP Estate, New Delhi-02
27.08.2008
: Kendriya Bhandar opened its new retail store at Kalyanvas,
Delhi Govt. Residential Colony, Delhi
08.09.2008
: Kendriya Bhandar contributed an amount of Rs. 5,00,000/to the
: Prime Minister relief fund for the Bihar flood victims.
19.09.2008
: Kendriya Bhandar opened its new retail store at Timarpur,
Delhi Govt. Residential Colony, Delhi-54
10.10.2008
: Kendriya Bhandar opened its new retail store at Gulabi Bagh,
Delhi Govt. Residential Colony, Delhi
20.11.2008
: Kendriya Bhandar was honoured with Best Cooperative
Award for the Year 2007-08 by the Govt. NCT of Delhi.
05.02.2009
: Kendriya Bhandar opened 1st Jan Aushadhi Generic Drug
Shop, Shastri Bhawan, New Delhi -110001
13.02.2009
: Kendriya Bhandar opened its new retail store at Office of
the Deputy Commissioner (East) I&FC Office Complex, IM
Bandh, Delhi-31
12.03.2009
: Kendriya Bhandar opened its new retail store at DMRC
Residential Colony, Shastri Park, (Metro Vihar) Delhi 110053
01.06.2009
: Kendriya Bhandar opened its new retail store at TC/TS - 20
& 25 New AG’s Colony, Doranda, Ranchi (Jharkhand )
13.11.2009
: Kendriya Bhandar opened Jan Aushadhi Shop at Guru Tegh
Bahadur Hospital, Shahdara, Delhi
11.02.2010
: Kendriya Bhandar opened Jan Aushadhi Shop at Deen Dayal
Upadhyay Hospital, Hari Nagar, New Delhi
08.05.2010
: Kendriya Bhandar opened New retail store in Dilshad Colony
at Plot No. F-93/G-1, Dilshad Colony, Delhi-110095
09.07.2010
: Kendriya Bhandar opened its New retail store in East of
Kailash at shop No. 1 & 2 CSC East of Kailash, DDA Market
New Delhi 110 065
7
31.07.2010
: Kendriya Bhandar opened its New retail store in Metro Vihar
at DMRC Residential Colony, Near Sai Mandir, Najafgarh,
New Delhi
22.11.2010
: Managing Director, Kendriya Bhandar was honoured with
Best Co-operator Award for the year 2009-10 by the Chief
Minister of Delhi
01.12.2010
: Kendriya Bhandar opened its new retail store in Ashok Hotel
Residential Colony, New Delhi
23.05.2011
: Kendriya Bhandar opened its new retail store in Netaji Subhas
Instt. of Technology Campus, Dwarka
26.07.2011
: Kendriya Bhandar opened its new retail store in Maulana
Azad Medical College Residential Colony, New Delhi
26.11.2011
: Cooperative Education Programme was organised at NCUI
for Directors, Delegates & Officers.
24.01.2012
: Kendriya Bhandar opened its new retail store in Tihar Jail
Residential Colony, New Delhi
24.02.2012
: Kendriya Bhandar opened its new retail store in Dwarka,
Sector-VII, New Delhi
May-2012
: Kendriya Bhandar Launched Kendriya Bhandar Brand Atta
in lOKg Pack.
02.06.2012
: Kendriya Bhandar opened its new retail store in New Moti
Bagh Shopping Complex, New Delhi
23.06.2012
: Kendriya Bhandar opened its new retail store in Kidwai Nagar
East, New Delhi
23.06.2012
: Kendriya Bhandar opened its new retail store in Laxmi Bai
Nagar Residential Colony, New Delhi.
13.10.2012
: Kendriya Bhandar opened its new retail store at Baba Kharak
Singh Marg, New Delhi.
20.11.2012
: Kendriya Bhandar was honoured with Best Cooperative
Award for the year 2011-12 by the Govt, of NCT of Delhi.
15.04.2013
: Kendriya Bhandar opened its new retail store in AIIMS
Residential colony at Ansari Nagar, New Delhi.
8
04.06.2013
: Kendriya Bhandar opened its new retail store at Rashtrapati
Bhawan.
14.08.2013
: Kendriya Bhandar opened its new retail store at Aligarh
Muslim University Campus (U.P.).
23.12.2013
: Kendriya Bhandar opened its new retail store in DMRC
residential colony at Sarita Vihar, New Delhi.
30.01.2014
: Kendriya Bhandar opened its new retail store in the Shopping
Centre Complex of I.P. University at Dwarka, New Delhi.
02.05.2014
: Kendriya Bhandar opened its new retail store in NDMC
Market at Tilak Lane, New Delhi
06.05.2014
: Kendriya Bhandar opened its new retail store in Rashtrapati
Bhawan, New Delhi.
08.07.2014
: Kendriya Bhandar opened its new retail store in P&T Colony,
Sarojini Nagar, New Delhi.
01.09.2014
: Kendriva Bhandar opened its 100th new retail store (in Delhi)
at Taurus Welfare Complex at Delhi Cantt, Delhi
20.11.2014
: Kendriya Bhandar was honoured with Best Cooperative
Award for the year 2012-13 by the Govt, of NCT of Delhi
01.03.2015
: Kendriya Bhandar opened its new retail store in Uri Enclave
(Near Naraina), New Delhi
20.05.2015
: Kendriya Bhandar opened its new retail store in Keshav
Puram (Lawrence Road), New Delhi
30.06.2015
: Kendriya Bhandar opened its new retail store in Vijay Vihar
(Uttam Nagar), New Delhi
29.07.2015
: Kendriya Bhandar opened its new retail store in Sarita Vihar,
CSC DDA Market, New Delhi
14.01.2016
Kendriya Bhandar opened its new retail store in Dwarka,
Sector-23B, New Delhi
27.02.2016
Kendriya Bhandar opened Patanjali Store in Jawahar Market,
Lancer Road Delhi
9
SOME FIGURES AT A GLANCE
AS ON 15.09.2016
Total No. of Employees
:
417
Total No. of Stores/Offices
:
143
Sales in 2015-2016
:
Rs.102085.96 Lakhs
Other Income in 2015-2016
:
Rs.913.28 Lakhs
Net Profit in 2015-2016
:
Rs.661.39 Lakhs
Paid up Capital
:
Rs.98.26 Lakhs
Government’s shareholding
:
Rs.68.18 Lakhs
Individual Members’ shareholding
:
Rs.30.08 Lakhs
Net Worth
:
Rs.6914.29 Lakhs
Reserves & Surplus
:
Rs. 6816.03 Lakhs
10
CHAIRPERSON’S SPEECH
Dear Friends,
It gives me great pleasure in welcoming you to the 53rd Annual General
Meeting of the Society. The Annual Accounts of the Society for Financial
Year 2015-16 alongwith the Directors’ Report are already with you. In the
year 2015-16 the sales turnover of Kendriya Bhandar has increased to
Rs.1020.86 crores as compared to the sales of Rs.825.16 crores in the year
2014-15. It is a matter of great satisfaction that despite discontinuation
of DOPT OM, which has adversely affected the stationery sales, the
organization has crossed the milestone of Rs.1000 crores for the first time
in its history.
As regards Govt. accommodation allotted to Kendriya Bhandar for office
and retail stores, as a result of consistent follow-up, the Ministry of
Urban Development has agreed in-principle to relocate the existing GPRA
accommodations of Kendriya Bhandar on the first floor of the respective local
shopping centres in line with Govt. Policy of mixed land use. Accordingly,
seven stores (8 GPRAs) of Kendriya Bhandar in Central Govt. colonies are
likely to be shifted on the first floor of Local Shopping Centres soon. Office
of L&DO, Ministry of Urban Development has also agreed to allot 800 sq.ft.
of land adjacent to existing Timarpur Store, on lease rent basis. Kendriya
Bhandar shall create a shop on the allotted land for shifting of its store
at Timarpur. As such, the long outstanding issue regarding shifting of
Kendriya Bhandar stores in nine GPRAs is likely to be resolved soon.
The efforts for restoration of DOPT OM atleast for exemption from submission
of EMD/Security Deposit, Performance Guarantee and provision for
procurement of stationery items upto Rs. one lakh is continuing. Meanwhile,
Kendriya Bhandar has registered itself as a supplier/vendor on GeM (Govt.
e-Market Place) for supply of the stationery items upto Rs.50,000/- under
the provision of GFR 141-A.
2. Memberships and Share Capital
As on 31.03.2016, there were 92146 members holding 300828 shares of
Rs.10/- each alongwith the Government of India’s shareholding of 681764
shares. During the year 2015-16, the Society raised its share capital to
11
Rs.98.26 lacs from the earlier paid up capital of Rs.97.14 lacs by enrollment
of new members. However, it may be mentioned that though an existing
shareholder on retirement ceases to be active member of the Society,
however, their share capital has not been refunded so far in view of the
advice of the General Body that the share money may be refunded as and
when requested by the retired shareholder. Accordingly, the share money
in respect of retired members is also included in the share capital shown
above. Further, action is in hand for enrollment of new members as per
provision of the byelaws.
3. Expansion and Development
I am pleased to inform you that as a result of excellent services extended
by Kendriya Bhandar store at Taurus Canteen, Delhi Cantt, Office of
QMG, Station Headquarters has promised to offer more accommodations/
shops to Kendriya Bhandar for opening of new grocery/consumer stores.
At present, they are in the process of taking back the shops from existing
private shop keepers occupying those shops for years.
A new grocery consumer retail stores have been opened in DDA Shop at
Sector-23B, Dwarka allotted by DDA last year. We will operationalise the
other shops allotted by DDA at Rohini in phased manner as occupancy in
those EWS residential colonies is poor.
4. Business Highlights
The Society has achieved a sales turnover of Rs.1020.86 crores during F.Y.
2015-16 as against the sales of Rs.825.16 crores in F.Y.2014-15 (growth
of 23.71% approx). The Society continued its endeavour of generating
incidental income and accordingly, its other income is Rs.913.28 lacs in
2015-16 against Rs.804.54 lacs in 2014-15. The Society has achieved a
net profit of Rs.661.39 lacs in 2015-16 as compared to Rs.673.31 lacs
in 2014-15. The Society has also made the statutory provisions in the
books of accounts as required under MSCS Act, 2002, rules thereunder
and byelaws of the Society.
5. The Board has proposed to pay dividend to the shareholders at the
rate of 10% on their paid up capital for the financial year 2015-16.
6. Services & Benefits to Customers
So far, the billing to customers has been computerized in 66 stores. As
a new initiative, the bar code scanning system is being provided in all
these stores. Further, display panels are being provided for convenience of
12
customers so that they can point out discrepancy in rates of any item at
the time of billing.
CCTV cameras have been provided in 35 stores as preventive measure
against shop lifting, theft etc. Credit Card Machines have so far been
installed in 37 stores and being provided in remaining stores in phased
manner. Payment through mobile phones on “Paytm App” has also been
enabled in six stores on trial basis.
It is pertinent to mention that the Society has been involved in welfare
activities and has always assisted the Central Government and the Govt.
of NCT of Delhi in arresting the price increase at the time of crisis.
In view of, Skyrocketing Prices of Arhar & Urad Dal, Kendriya Bhandar
has been working closely with M/o Consumer Affairs, Food & Public
Distribution, Govt. of India for containing the prices of pulses in Delhi.
The initiative taken by Kendriya Bhandar has been appreciated by M/o
Consumer Affairs, Food & Public Distribution, Govt. of India.
7. The Society continues to maintain cordial relations all-around. The
Society takes pride in the confidence shown by thousands of customers. It
is not only our asset but also a source of inspiration.
8. I would like to reiterate that despite constraints, the performance
of the Society during the year 2015-16 has been quite encouraging and I
would like to appreciate the consistent efforts by the Managing Director,
all officers and the employees for the good job done by them. I would
also like to thank the Office of the hon’ble Prime Minister of India, the
Ministry of Personnel, Public Grievances & Pensions, the Ministry of Urban
Development, the Directorate of Estates, the Ministry of Consumer Affairs,
Food & Public Distribution, the Ministry of Agriculture, all the Delegates
and the Board of Directors for their kind help and encouragement, guidance
and suggestions and for having actively participated and contributed to
the success of the Society. Further, we sincerely pledge to continue in our
assigned mission to provide good quality products at reasonable prices
and to continue to serve the nation. We still have a lot of ground to cover
for which I seek active cooperation of all the members and stakeholders of
the Society.
Sd/(POONAM RAWAT)
Chairperson
13
Directors’ Report
Dear Members,
1. The Directors of Kendriya Bhandar are pleased to present the Annual Report
alongwith the audited accounts for the cooperative year ending 31st March
2016.
2. PERFORMANCE FOR THE COOPERATIVE YEAR 2015-16
The performance of the Society in terms of sales, profits and overheads during
the year 2015-16 is as under:Indicators
2015-16
2014-15
102085.96
82515.77
Gross Profit (Rs. Lakhs)
3338.80
3567.00
Overheads (Rs. Lakhs)
3590.70
3698.22
Net Profit (Rs. Lakhs)
661.39
673.31
Increase in Sales (%)
23.72
21.73
Increase in overheads (%)
(-)2.91
12.44
Gross profit to sales (%)
3.27
4.32
Net profit to sales (%)
0.65
0.82
Overheads to sales (%)
3.52
4.48
Share Capital (Rs. Lakhs)
98.26
97.14
Govt.’s share therein (Rs. Lakhs)
68.18
68.18
Capital employed (Rs. Lakhs)
6913.29
6492.25
Stock (Rs. Lakhs)
2225.75
2177.03
46
38
Individual share holders (Nos.)
92146*
91531*
Shares held by Individual shareholders (Nos.)
300828
289589
10
10
236.37
320.30
Dividend to Government (Rs. Lakhs)
6.82
6.82
Employees strength (Nos.)
417
436
20
20
143
142
69.14
64.93
Sales (Rs. Lakhs)
Sales inventory ratio (times)
Dividend proposed/declared (%)
Income Tax (Rs. Lakhs)
Bonus paid (%)
Stores/office network (Nos.) All India
Net worth (Rs./Crore)
* includes the members who have retired from service.
14
3.
BUSINESS EFFICIENCY
Your Society has achieved all time high sales of Rs.1020.86 crores during the
Financial Year 2015-16 against the sales of Rs.825.16 crores in Financial Year
2014-15. It is encouraging to note that despite discontinuation of DOPT OM
for supply of Stationery and other items to Govt. organizations w.e.f. 1st April,
2015, the total sales have increased by Rs.195.70 crores, primarily due to extra
ordinary performance of some Regional offices by participating in State Govt.
tenders for grocery and other items. However, such tender business is very
difficult to carry forward on sustainable/regular basis, therefore, our efforts for
restoration of DOPT OM shall continue for survival of organization. The Society
continued its endeavours of generating incidental income and accordingly its
other income is Rs.913.28 lakhs in 2015-16 as against Rs. 804.54 lakhs in
2014-15.
Kendriya Bhandar has achieved a net profit of Rs. 661.39 lakhs in the F.Y. 201516 against Rs.673.31 lakhs during the F.Y.2014-15. As such, there is a marginal
decrease of Rs.11.92 lakhs in the net profit in the financial year 2015-16, which
is due to low KB margin in the State Govt. tenders.
Sale of Grocery and Consumer Items in Delhi :
A new grocery consumer retail store has been opened at Sector-23B, Dwarka. As
known, Kendriya Bhandar has more than 100 nos. self-service grocery consumer
retail stores in Delhi beside the Institutional Sales Unit (ISU) and five pharmacy
shops. Through its Institutional sales unit, Kendriya Bhandar continues to
provide goods to institutions like Tihar Jail, JNU/IIT Hostels, Janpath/Samrat
Hotels, Hyderabad House, President House, Vigyan Bhawan, Homes of Social
Welfare Deptt. of Govt. of Delhi, Govt. Hospitals etc.
Selling of Arhar & Urad Dal through KB Stores :
In view of, Skyrocketing Prices of Arhar & Urad Dal, Kendriya Bhandar has
been working closely with M/o Consumer Affairs, Food & Public Distribution,
Govt. of India in making available Arhar & Urad Dals @ Rs.120/- per kg to the
citizens of Delhi. In the first phase, the raw Tur/Arhar imported by MMTC from
Malawi/Mozambique on behalf of Govt. of India was offered to Kendriya Bhandar
and other Govt. Agencies. The challenge was to lift the raw Tur/Arhar from
MMTC/CWC Warehouse at Mumbai, get it processed/converted into Dal Arhar,
transport it to Delhi and sell through Kendriya Bhandar Retail Stores in 1kg
packing at economical prices.
15
Kendriya Bhandar came forward and accepted the job and started selling
Arhar Dal @ Rs.120/- per kg through its retail stores by the target date i.e. 15th
October’2015, given by M/o Consumer Affairs, Food & Public Distribution.
Further, on the direction from Govt. of India, Kendriya Bhandar initially
assisted Mother Dairy by making available Arhar Dal in Kendriya Bhandar
packing for sale through its retail stores.
As a further step in this direction, Kendriya Bhandar has now (from 2nd Sept.’2016)
started selling Dal Chana & Chana Whole @ Rs.78/- & Rs.67/- per kg through
its retail stores. The initiative taken by Kendriya Bhandar has been appreciated
by M/o Consumer Affairs, Govt. of India.
4. QUALITY, SERVICES & BENEFITS TO CUSTOMERS
The Society has established rigid quality standards to ensure that goods with
assured standards of quality are sold through its outlets. A qualified Quality
Control Officer has been appointed in Kendriya Bhandar for monitoring the
product quality and for making improvements on an ongoing basis. Packed
grocery items are sold after pre-testing in laboratory. On the shelf post-testing
is done periodically. The goods sold in the manufacturers packing carry the
warranty of the manufacturer. Complaint Books are provided in all the stores
for customers to enter their complaints/suggestions, which are acted upon
from time to time. Besides, Director (Estt.), M/o Personnel, Public Grievances
& Pensions has been given additional charge of CVO, KB by Deptt of Personnel
& Training, M/o Personnel, Public Grievances & Pensions, who is also looking
after the complaints received by him directly or otherwise and required action
is taken wherever necessary. CCTV cameras have been provided in 35 stores
as preventive measure against shop lifting, theft etc. Further, on customers
demand, Credit Card Machines have so far been installed in 37 stores and
being provided in remaining stores in phased manner. Payment through mobile
phones on “Paytm App” has also been enabled in six stores on trial basis.
Computerization of Retail Stores :
The billing to customers has been computerized in 66 stores. The bar code
scanning system has recently been provided in 11 stores and being extended to
remaining stores. Further, display panels are being provided for convenience
of customers so that they can point out discrepancy in rates of any item at the
time of billing. All Kendriya Bhandar godowns have already been computerized.
Procurement through e-tendering has been initiated.
16
5. PERFORMANCE OF REGIONAL OFFICES
The performance of the Regional Offices during the year under report are as
follows:
(Rs./Lacs)
S. Regional Office
No.
Sales
Sales
Net Profit
Net Profit
2015-16
2014-15
2015-16
2014-15
1.
Delhi Region
39582.28
42719.95
(-)365.61
(-) 246.07
2.
Chennai
20200.39
16437.17
330.00
286.35
3.
Mumbai
25578.45
5461.26
340.95
220.32
4.
Gandhinagar (Guj.)
2715.15
3047.97
129.27
134.44
5.
Chandigarh
1152.31
1378.05
49.21
44.36
6.
Mussoorie
747.61
882.15
6.75
9.73
7.
Lucknow
1200.71
1229.94
13.34
13.83
8.
Faridabad
1423.60
1457.05
51.92
56.73
9.
Cochin
453.82
760.89
4.91
14.14
10. Gwalior
2160.78
1800.97
42.51
39.44
11. Ghaziabad
1060.75
1652.26
(-)19.88
12.37
12. Jaipur
1580.17
1702.00
22.73
28.25
499.29
693.01
25.88
34.19
3569.84
3155.64
25.09
22.43
160.81
137.46
4.32
2.80
102085.96
82515.77
661.39
673.31
13. Kolkatta
14. Ranchi
15. Bhubaneshwar
Total
6.
CHALLENGES
All out efforts are made to keep high standards of service, which are being extended,
to the customers by the Society. Kendriya Bhandar is fully conscious of the
confidence reposed by its customers, by the Government and its shareholders.
17
7.
ACKNOWLEDGEMENT
We wish to thank Government of India, particularly Ministry of Personnel,
Public Grievances & Pensions, the Directorate of Estates, Ministry of Urban
Development, Ministry of Consumer Affairs, Food & Public Distribution, Govt.
of India, Government of NCT of Delhi, the print and the electronic media, the
bankers, the suppliers, the employees, the shareholders and the delegates for
their all-round contribution to the continued success of the Society.
For & on behalf of the Board of Directors
Sd/(POONAM RAWAT)
Chairperson
18
Independent Auditor’s Report
To
The Members of,
Central Government Employees Consumer Cooperative Society Ltd.
(Kendriya Bhandar)
Report on the Financial Statements
1.
We have audited the accompanying financial statements Central Government
Employees
Consumer Cooperative Society Ltd. (Kendriya Bhandar referred as
“Society”) at Pushpa Bhawan, Madangir Road, New Delhi-110062 which
comprises of the Balance Sheet as at March 31, 2016, and the Statement of
Profit & Loss and Cash Flow Statement for the year then ended, and a summary
of significant accounting policies and other explanatory information.
2.
Management`s Responsibility for the Financial Statements
Management is responsible for the preparation of these financial statements
that give a true and fair view of the financial position, and financial
performance the Society in accordance with the accounting standards
referred by the Institute of Chartered Accountant of India. This responsibility
includes the design, implementation and maintenance of internal control
relevant to the preparation and presentation of the financial statements that
give a true and fair view and are free from material misstatements, whether
due to fraud or error.
3.
Auditors Responsibility
Our responsibility is to express an opinion on these financial statements
based on our audit. We conducted our audit in accordance with the Standards
on auditing issued by the Institute of Chartered Accountants of India. Those
standards require that we comply with ethical requirements and plan and
perform the audit to obtain reasonable assurance about whether the financial
statements are free from material misstatement.
An audit involves performing procedures to obtain audit evidence about
the amounts and disclosures in the financial statements. The procedures
selected depend on the auditor`s judgment, including the assessment of
the risks of material misstatement of the financial statements, whether due
to fraud or error. In making those risk assessments, the auditor considers
internal control relevant to the Society preparation and fair presentation
of the financial statements in order to design audit procedures that are
appropriate in the circumstances, but not for the purposes of expressing an
opinion on the effectiveness of the society’s internal control. An audit also
includes evaluating the appropriateness of accounting policies used and the
reasonableness of the accounting estimates made by management, as well
as evaluating the overall presentation of the financial statements.
19
We believe that except the non-availability of audit evidences as described
in Basis for Qualified Opinion, we have obtained appropriate audit evidence
to provide a basis for our audit opinion.
4.
We have performed test checks to see whether there has been any material
impropriety or irregularity in the expenditure or in the realization of money
due to the multi-state cooperative society.
5.
Basis for Qualified Opinion
6.
a)
Balance appearing under the head Sundry Debtors, sundry
creditors, Loans and Advances, Interbranch accounts and Stores
are subject to reconciliation and confirmation. In absence of
confirmation and reconciliation, the consequential impact if any,
on profit, assets and liabilities is not ascertainable.
b)
We have noticed inadequacy/weakness in Internal Control
procedures including tender process, sales and purchase, timely
recording of purchase and sales transaction, reconciliation
of accounts, maintenance of stores and fixed assets records
its verification and realization of debtors/outstanding. The
consequential impact, if any due to this inadequate control/
weakness on revenue or loss if any, is not ascertainable.
c)
The amount standing under the head unpaid dividend for the
period exceeding 3 years have not been transferred to Reserve
fund as per the Bye-Laws of the Society.
d)
We have been not able to obtain sufficient and appropriate evidence
for verifying the amount of Rs. 15,62,93,375/- represented under
current liabilities –ECS & Ch, Debtors Receipts, stated as collected
from the sundry debtors not yet identified. In the absence of
confirmation/reconciliation and identification of the amount with
the particular Debtors, the consequential impact if any, on profit,
assets and liabilities is not ascertainable.
Opinion
In our opinion and to the best of our information and according to the
explanations given to us, except for the effects of the matter described in the
Basis for Qualified Opinion paragraph, the financial statements give the
information required by the Multi –State Cooperative Societies Act, 2002 in
the manner so required and give a true and fair view in conformity with the
accounting principles generally accepted in India:
(a) In the case of Balance Sheet, of the state for the Multi State
Cooperative Society’s affairs as on 31st March, 2016;
(b) In the case of Statement of Profit And Loss, of the Profit for the year
ended on 31st March, 2016; and
(c) In the case of the Cash Flow statement for the year ended on 31st
March, 2016.
20
7.
Report on Other Legal and Regulatory Requirements
As required under the provisions of Multi State Cooperative Societies Act,
2002, we report that:
a.
We have obtained all the information and explanations which to the
best of our knowledge and belief were necessary for the purposes of our
audit;
b.
In our opinion, proper books of account as specified in the Multi State
Cooperative Societies Act, 2002 and bye-laws have been kept by the
Society so far as appears from our examination of those books and
proper returns certified by the Chartered Accountants adequate for the
purpose of our audit have been received from the branches not visited
by us.
c.
The Balance Sheet, Statement of Profit and Loss and Cash Flow
Statement dealt with by this report are in agreement with the books of
account;
For Rajeev Kirti & Co.
Chartered Accountants
Sd/(Rajeev Kumar Gupta)
Proprietor
M. No. 085818
Place: New Delhi
Date: 19th August, 2016
21
AUDITORS REPORT AND MANAGEMENT’S COMMENTS
Audit Report
Audit
Para
a.
Balance appearing under the head
Sundry Debtors, sundry creditors,
Loans and Advances, Inter-branch
Accounts and Stores are subject
to reconciliation and confirmation.
In absence of confirmation and
reconciliation, the consequential
impact if any, on profit, assets and
liabilities is not ascertainable.
b.
c.
d.
We
have
noticed
inadequacy/
weekness
in
Internal
Control
procedures including tender process,
sales and purchase, timely recording
of purchase and sales transaction,
reconciliation
of
accounts,
maintenance of stores and fixed
assets records its verification and
realization of debtors/outstanding.
The consequential impact, if any due
to this inadequate control/weakness
on revenue or loss if any, is not
ascertainable.
The amount standing under the
head unpaid dividend for the period
exceeding 3 years have not been
transferred to Reserve fund as per
the Bye-Laws of the Society.
We have been not able to obtain
sufficient and appropriate evidence
for verifying the amount of Rs.
15,62,93,375 /- represented under
current liabilities – ECS & Ch, Debtors
Receipts, stated as collected from the
sundry debtors not yet identified.
In the absence of confirmation/
reconciliation
and
identification
of the amount with the particular
Debtors, the consequential impact if
any, on profit, assets and liabilities is
not ascertainable.
22
Management Comments
The reconciliation of Sundry Debtors,
Sundry Creditors, Stores, Loans &
Advances, Inter-branch Accounts is a
continuous process and carried out on
regular basis. The Accounts of Sundry
Debtors are reviewed by the recovery
cell. Due to large number of customers
and suppliers, it is very difficult to
get confirmation from each and every
customer and supplier.
All-out efforts are being made to improve
internal control on timely recording
of Purchase & Sales transactions,
reconciliation of accounts etc. in the
tally software. Software platform for
e-tendering has been established. The
process of procurement of bulk sugar on
e-tendering platform has been initiated.
Further steps have been taken to procure
various branded items at competitive
prices on the concept of “best deal” from
principal firms or their distributors.
As per amended Bye-law No.35, a Press
advertisement should be published
giving 30 days notice. The Notice has
been published on 02.09.2016 in Times
of India. The unclaimed dividend upto
2014-15 shall be transferred to the
reserve funds of the Society accordingly
thereafter.
The maximum cases under the
accumulated amount of Rs. 15,62,93,375
/- as on 31.03.2016 are those payments
which have been received by Kendriya
Bhandar without any bill details
through ECS since there are variation/
mismatch between the amount received
and the bill amount. These payments
pertain to various back to back sales
and are payable to concerned Sundry
Creditors only after reconciliation /
proper verification from the concerned
Govt. Deptt.
23
fu"iknu lwpd PERFORMANCE INDICATORS
1968-69
1969-70
1970-71
1971-72
1972-73
1973-74
1974-7S
1975-76
1976-77
1977-78
1978-79
1979-80
1980-81
1981-82
1982-83
1983-84
1984-85
1985-86
1986-87
1987-88
1988-89
1989-90
1990-91
1991-92
1992-93
1993-94
1994-95
1995-96
1996-97
1997-98
1998-99
1999-2000
2000-2001
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
2008-2009
2009-2010
2010-2011
2011-2012
2012-2013
2013-2014
2014-2015
2015-2016
8.85
8.85
8.86
8.88
8.93
9.43
10.83
13.39
13.52
15.27
15.29
15.31
15.33
15.34
15.36
34.86
34.89
35.78
36.00
61.04
61.10
76.22
76.36
76.57
76.67
76.80
76.89
76.99
77.93
78.23
78.23
78.23
78.23
78.23
80.80
81.31
83.72
85.45
86.29
87.43
88.06
89.06
90.43
93.43
94.81
96.30
97.14
98.26
79.00
77.00
110.00
106.00
143.00
219.00
245.00
218.00
250.00
174.00
150.00
140.00
267.00
442.00
617.00
947.00
1121.00
1248.00
1578.00
2083.00
2196.00
3820.00
4533.00
5720.00
7945.00
10003.00
11758.00
13888.00
18660.00
20589.00
22871.67
25607.82
29280.64
26166.53
26427.10
29266.93
35112.85
27979.64
21879.08
25304.36
30616.51
38554.50
46138.11
51616.30
60814.02
67788.18
82515.77
102085.96
2.72
5.26
14.05
11.92
12.56
22.60
22.71
12.59
16.01
8.43
8.30
9.26
18.37
32.94
53.19
81.62
86.95
83.78
109.03
140.64
148.67
214.60
207.70
216.65
407.73
520.07
507.87
537.68
714.81
925.99
898.11
1067.85
1418.45
1284.02
1419.53
1416.44
1751.57
1303.95
1142.68
1333.36
1470.85
1741.43
2200.44
2452.29
2732.63
2978.38
3567.00
3338.80
24
-8.16
-1.63
4.81
1.91
1.19
7.32
1.83
-6.17
-4.18
-4.50
-9.90
-9.10
-1.24
6.21
18.27
31.53
24.09
8.79
23.47
26.86
41.44
62.88
72.01
113.41
195.03
248.97
206.46
216.18
305.12
407.41
348.82
403.95
640.98
621.51
596.37
583.35
972.13
214.90
184.89
351.46
201.23
268.41
485.97
656.05
603.83
441.50
673.31
661.39
12.85
9.51
11.15
11.83
13.14
18.16
24.10
22.54
24.12
19.51
20.75
21.25
26.57
35.18
41.78
56.22
66.07
79.20
91,29
123.87
109.51
168.32
203.43
232.31
261.69
335.64
382.84
427.24
554.12
700.78
772.16
937.41
1022.35
956.93
1048.14
1223.68
1050.60
1346.79
1396.06
1370.11
1672.96
1916.77
2156.64
2373.38
2852.27
3289.09
3698.22
3590.70
fiNys o"kZ ls o`f) /GROWTH OVER PREVIOUS YEAR
o"kZ / Year
1986-87
1987-88
1988-89
1989-90
1990-91
1991-92
1992-93
1993-94
1994-95
1995-96
1996-97
1997-98
1998-99
1999-2000
2000-2001
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2000-2007
2007-2008
2008-2009
2009-2010
2010-2011
2011-2012
2012-2013
2013-2014
2014-2015
2015-2016
foØ; / Sales
ldy ykHk
26.44
32.00
40.56
30.46
18.66
26.18
38.88
25.91
17.54
18.12
34.36
10.34
11.09
11.96
20.70
(-)6.34
1.00
10.75
20.00
(-) 20.31
(-) 21.80
15.66
20.999
25.93
19.67
11.87
17.82
11.47
21.73
23.72
/ Gross Profit
30.21
28.99
41.13
8.12
21.20
21.78
28.72
27.55
(-)2.35
5.87
32.94
29.54
(-)3.01
18.90
32.83
(-)9.48
10.55
(-) 0.21
23.66
(-) 25.55
(-) 12.36
16.71
10.31
18.40
26.36
11.45
11.43
8.99
19.76
(-) 6.40
foØ; ls vuqikr
o"kZ / Year
1986-87
1987-88
1988-89
1989-90
1990-91
1991-92
1992-93
1993-94
1994-95
1995-96
1996-97
1997-98
1998-99
1999-2000
2000-2001
2001-2002
2002-2003
2003-2004
2004-2005
2005-2006
2006-2007
2007-2008
2008-2009
2009-2010
2010-2011
2011-2012
2012-2013
2013-2014
2014-2015
2015-2016
ldy ykHk
'kq) ykHk
/Net Profit
167.00
14.44
105.70
13.81
14.52
57.49
71.97
27.66
(-)17.07
4.71
41.14
33.52
(-)14.38
15.80
58.67
(-)3.03
(-)4.05
(-) 2.18
66.65
(-) 77.89
(-) 13.96
90.08
(-) 42.74
33.38
81.06
35.00
(-) 7.95
(-) 26.88
52.51
(-) 1.77
Åijh [kpsZa / Over Heads
15,26
25.68
17.87
15.28
20.50
14.20
12.65
28.26
14.06
11.60
29.70
26.47
10.18
21.40
9.06
(-)6,40
9.53
16.75
(-) 14.14
28.2
3.66
(-)1.86
22.10
14.57
12.51
10.05
20.18
15.31
12.44
(-) 2.91
RATIO TO SALES
/ Gross Profit
'kq) ykHk
6.90
6.75
6.78
5.62
5.74
5.65
5.42
5.62
4.73
4 28
4.33
5.02
4.42
4.61
5.08
4.91
5.37
4.84
4.98
4.66
5.22
5.27
4.80
4.52
4.77
4.75
4.49
4.39
4.32
3.27
/Net Profit
1.48
1.29
1.89
1.65
1.58
2.02
2.58
2.69
1.92
1.72
1.85
2.21
1.72
1.74
2.29
2.38
2.26
2.00
2.77
0.77
0.84
1.39
0.66
0.70
1.05
1.27
0.99
0.65
0.82
0.65
25
Åijh [kpsZa / Over Heads
5.78
5.94
4.98
4.42
4.48
4.15
3.47
3.63
3.56
3.40
3.36
3.80
3.80
4.05
3.66
3.66
3.97
4.18
2.99
4.81
6.38
5.41
5.45
4.97
4.67
4.60
4.69
4.85
4.48
3.52
26
CENTRAL GOVERNMENT EMPLOYEES CONSUMER CO-OP SOCIETY LTD.
BALANCE SHEET AS AT 31ST MARCH 2016
PARTICULARS
SOURCES OF FUNDS
SHARE CAPITAL
RESERVE AND SURPLUS
SHARE APPLICATION MONEY
LOAN FUNDS
SECURED LOAN FROM BANK
HEAD OFFICE
NON CURRENT LIABILITIES
PROVISION FOR GRATUITY
PROVISION FOR LEAVE ENCASHMENT
SCHL
AS AT
31.03.2016
Rs.
AS AT
31.03.2015
Rs.
A
B
9825920.00
681603268.86
6400.00
9713530.00
639611363.84
25600.00
C
TOTAL FUNDS EMPLOYED
APPLICATION OF FUNDS
FIXED ASSETS (Net Block)
DEFERRED TAX ASSETS
INVESTMENTS (Non Current)
CURRENT ASSETS, LOAN AND ADVANCES
LESS : CURRENT LIABILITIES AND
PROVISIONS
NET CURRENT ASSETS
D
E
F
G
(F-G)
TOTAL ASSETS EMPLOYED
-
27596606.63
-
98828639.00
45978155.00
92210063.00
43861969.00
836242382.86
813019132.47
28900298.71
52438112.27
544964707.33
2605019678.58
2395080414.03
30207054.62
51550545.67
405012575.81
2426202724.56
2099953768.19
209939264.55
326248956.37
836242382.86
813019132.47
Accounting Policies and Notes to Accounts
The schedule referred to above form part of the Balance Sheet
Sd/-
(Bharat Kumar)
Accounts Officer
Sd/-
(Ashok Kumar Yadav) Accounts Officer
Sd/-
(Sushma Sati)
Accounts Officer
In terms of our report of even date annexed herewith
FOR RAJEEV KIRTI & CO.
CHARTERED ACCOUNTANTS
Sd/(Rajeev Kumar Gupta)
Proprietor
M.No. 085818
Place: New Delhi
Date : 19th August, 2016
27
Sd/-
(Bipin Bihari)
DGM (F&A)
Sd/-
(R.K. Singh)
Managing Director
CENTRAL GOVERNMENT EMPLOYEES CONSUMER CO-OP SOCIETY LTD.
STATEMENT OF PROFIT AND LOSS FOR THE YEAR ENDED 31ST MARCH 2016
PARTICULARS
FOR THE YEAR
ENDED
31.03.2016
Rs.
FOR THE YEAR
ENDED
31.03.2015
Rs.
10208596451.18
91328321.86
10299924773.04
8251576717.67
80454091.22
8332030808.89
9874716010.03
274104604.77
41572969.37
27207591.07
6304087.64
5380718.84
4499665.90
10233785647.62
7894877464.71
290686597.86
38138468.56
24538789.15
6679731.25
4648985.74
5129375.54
8264699412.81
PROFIT FOR THE YEAR
Add:- Balance Brought forward
Amount available for appropriation
66139125.42
433038181.75
499177307.17
67331396.08
398540225.96
465871622.04
Less :- Current Tax
Deferred Tax
Provision for Dividend
Statutory Reserve fund
Contingency Reserve Fund
Education Fund
23637000.00
(887566.60)
982592.00
10379883.00
4151953.00
415195.00
460498250.77
32030000.00
(12526727.71)
971353.00
8582511.00
3433004.00
343300.00
433038181.75
INCOME
SALES (Net)
Other Income
SCHL
H
TOTAL
EXPENDITURE
Cost of goods sold
Personnel Expenses
Administrative Expenses
Selling and Distribution Charges
Interest and Financial Charges
Other Expenses
Prior Period Income/Expenses
Depreciation
TOTAL
I
J
K
L
M
N
Accounting Policies and Notes to Accounts
The schedule referred to above form part of the Balance Sheet
Sd/-
(Bharat Kumar)
Accounts Officer
Sd/-
(Ashok Kumar Yadav) Accounts Officer
Sd/-
(Sushma Sati)
Accounts Officer
In terms of our report of even date annexed herewith
FOR RAJEEV KIRTI & CO.
CHARTERED ACCOUNTANTS
Sd/(Rajeev Kumar Gupta)
Proprietor
M.No. 085818
Place: New Delhi
Date : 19th August, 2016
28
Sd/-
(Bipin Bihari)
DGM (F&A)
Sd/-
(R.K. Singh)
Managing Director
CENTRAL GOVERNMENT EMPLOYEES CONSUMER CO-OP SOCIETY LTD.
SCHEDULE ANNEXED TO AND FORMING PART OF BALANCE SHEET AS AT 31ST MARCH 2016
PARTICULARS
SCHEDULE : ‘A’
SHARE CAPITAL
AUTHORISED
15000000 Shares of `10/-each
PAID UP SHARE CAPITAL
A) GOVERNMENT
681764 Shares of Rs.10 each
(Previous Year 681764 Shares of Rs.10/- each)
B) OTHERS
300828 Shares of Rs.10/- each)
(Previous Year 289589 Shares of Rs.10/- each)
TOTAL
SHARE APPLICATION MONEY
SCHEDULE : ‘B’
RESERVES AND SURPLUS
Contingency Reserve Fund
Statutory Reserve Fund
Opening Balance
Additions during the year
Profit and Loss Account
TOTAL
SCHEDULE : ‘C’
SECURED LOANS
Overdraft Account against Fixed Deposits
(Fixed deposit receipts for Rs. 10.05 Cr. (P.Y. Rs.
8.54 Cr.) are pledged with the Bank as Security
TOTAL
AS AT
31.03.2016
Rs.
AS AT
31.03.2015
Rs.
150000000.00
150000000.00
6817640.00
6817640.00
3008280.00
2895890.00
9825920.00
9713530.00
6400.00
25600.00
45662008.97
41510055.97
165063126.12
10379883.00
175443009.12
460498250.77
681603268.86
156480615.12
8582511.00
165063126.12
433038181.75
639611363.84
-
27596606.63
-
27596606.63
(Note:- Overdraft Account Against Fixed Deposits Having Debit Balance As On 31-03-2016 )
29
CENTRAL GOVERNMENT EMPLOYEES CONSUMER CO-OP SOCIETY LTD.
SCHEDULE : ‘D’ CENTRAL GOVERNMENT EMPLOYEES CONSUMER CO-OP SOCIETY LTD.
PARTICULARS
RATE OF
DEPRECIATION
W.D.V
AS ON
01.04.15
Rs
VEHICLES
15%
FURNITURE &
FIXTURES
OFFICE
EQUIPMENTS
SCALES &
WEIGHTS
11154857.26
COMPUTER &
SOFTWARE
BULIDING
LAND
2845640.72
4860955.00
16498.00
-
-
-
-
2845640.72
-
284564.00
4860955.00
-
-
-
6581176.98
65904.96
79780.00
1112942.13
1237.00
901425.20 408443.00
2543247.48
1197797.75 10912737.51
57684.33
448808.87
15215.00
975.00
Rs
63692.96
2449051.08
-
69057.80
946995.36 108262.45
447607.10
W.D.V
AS ON
31.03.16
Rs
495.00
1113524.95
TOTAL
DEPRECIATION
Rs
-
265935.00
448313.87
7704549.11
ON LESS
THAN 6
MONTHS
Rs
116552.00
680740.00
0%
2981626.35
ON MORE
THAN 6
MONTHS
Rs
19604.00 12110535.26
659066.00
6499.00
1502376.08
10%
-
ON
OPENING
BALANCE
Rs
284703.00
721746.00
424610.10
60%
-
DEPRECIATION
TOTAL
AS ON
31.03.16 Rs
690579.00
6440289.11
15%
3300.00
Rs
2978326.35
15%
Rs
10%
ADDITIONAL ADDITIONAL
SALE/
MORE THAN LESS THAN TRANSFER
6 MONTHS
6 MONTHS
381702.13
1389648.20
1059402.90
284564.00
2561076.72
4860955.00
TOTAL
30207054.62 2102864.00
1226202.00
136156.00 33399964.62 3758516.34 587233.25 153916.33
4499665.90 28900298.71
Previous Year
Figure
29226691.99 3218695.00
2892568.00
1524.83 35336430.17 4066221.29 807427.15 255727.10
5129375.54 30207054.62
Branches wise details of Assets (W.D.V.) as on 31.03.2016 (Figures in INR`)
As At 31.03.2016
Delhi
As At 31.03.2015
25000934.78
26114395.77
Chennai
403002.39
406519.39
Mumbai
363328.98
413851.83
Gandhi Ngr
108044.88
108463.65
Chandigarh
101258.41
119485.41
Mussoorie
341061.90
372896.11
82480.66
106273.40
1380067.95
1250800.95
Lucknow
Faridabad
Cochin
60054.38
67128.66
Gwalior
143657.74
108281.74
Ghaziabad
273020.44
399513.44
72366.49
83240.49
Jaipur
Kolkata
67019.70
80376.75
Ranchi
499863.02
575827.02
4137.00
0.00
28900298.71
30207054.62
Bhubneswer
Total
30
CENTRAL GOVERNMENT EMPLOYEES CONSUMER CO-OP SOCIETY LTD.
SCHEDULE ANNEXED TO AND FORMING PART OF BALANCE SHEET AS AT 31ST MARCH 2016
PARTICULARS
AS AT
31.03.2016
Rs.
SCHEDULE : ‘E’
INVESTMENTS (Non Current)
Fixed deposits with schedule banks
Interest Accrued and Due
In Shares of N C C F
TOTAL
SCHEDULE : ‘F’
1) CURRENT ASSETS
a) (i) Stock in Trade
Less:- Provision for damaged goods
(ii) Office Stationery & Other Stock
b) Sundry debtors
Less Provisions for Bad & Doubtful Debts
SUNDRY DEBTORS ( NET)
c) Cash and Scheduled Bank Balances
Cash in hand
In current A/c with Banks
d) Investment (current)
In Fixed deposits with scheduled banks
Interest Accrued and Due
Sub Total (A)
2. LOAN & ADVANCES
a) Other recoverable
b) Advance Lease Rental
c) Imprest with Branches
d) Advances to Employees
e) Security Deposits
f) Payments made as per court orders
g) Income Tax and TDS
Sub Total ( B)
TOTAL ( A+B)
31
AS AT
31.03.2015
Rs.
544629837.80
234869.53
100000.00
544964707.33
404912575.81
100000.00
405012575.81
222575453.43
222575453.43
289406.52
217703436.32
217703436.32
457643.77
1657870553.66
8427500.00
1479095629.20
8427500.00
1649443053.66
1470668129.20
3044064.87
158322108.65
4696107.85
251958504.29
311288003.73
38224500.34
2383186591.20
358795715.86
26896615.94
2331176153.23
102459193.13
1462.00
604517.00
20351226.58
98416688.67
221833087.38
221833087.38
2605019678.58
17906979.76
1048.00
912054.00
11307218.58
64899270.99
95026571.33
95026571.33
2426202724.56
CENTRAL GOVERNMENT EMPLOYEES CONSUMER CO-OP SOCIETY LTD.
SCHEDULE ANNEXED TO AND FORMING PART OF BALANCE SHEET AS AT 31ST MARCH 2016
PARTICULARS
SCHEDULE : ‘G’
CURRENT LIABILITIES AND PROVISIONS
A) CURRENT LIABILITIES
a) Sundry Creditors (Net of Debit balance)
b) Security deposits Suppliers & employees
c) Interest on Govt Loan Payable
d) Unpaid Dividend
e) Book Overdraft with Scheduled bank
f) Other Liabilities
g) Provision for Bonus & Expenses
h) Advance from customers
i) Provision for Productiviti Incentive
J) Ecs & Ch.Debtors Receipt
Sub Total ‘A’
B) Tax
a) Current Tax
Deferred tax
PROVISIONS
a) For Dividend
b) Other Provisions
Sub Total ‘B’
TOTAL ( A+B)
32
AS AT
31.03.2016
Rs.
AS AT
31.03.2015
Rs.
1872380646.45
78647028.36
2718607.80
180461.88
101278220.33
90131606.02
156293375.26
2301629946.10
1760566323.69
61272110.51
2458644.80
476229.67
29770102.76
85322025.37
84294152.68
2024159589.48
84694397.94
-
61057397.94
-
982592.00
7773477.99
971353.00
13765427.77
93450467.93
2395080414.03
75794178.71
2099953768.19
CENTRAL GOVERNMENT EMPLOYEES CONSUMER CO-OP SOCIETY LTD.
SCHEDULE ANNEXED TO STATEMENT OF PROFIT and LOSS FOR
THE YEAR ENDED 31ST MARCH 2016
PARTICULARS
FOR THE YEAR
ENDED
31.03.2016
Rs.
SCHEDULE : ‘H’
OTHER INCOME
Bank Interest Recd.
Other Miscellaneous Income
Recovery of shortages
Provision written back
Sales of empties
Sundry Amount Adjusted
Rent Receipt
Profit on Sale of Vehicle
Prior Period Income
Recovery of Labour Charges
Discount on Purchase
TOTAL
SCHEDULE : ‘I’
COST OF GOODS SOLD
Opening stock
Purchases
Packing & Grinding Expenses
Less : discount on purchase
Less : Closing Stock
Cost of Goods Sold
SCHEDULE : ‘J’
PERSONNEL EXPENSES
Salaries, Wages Bonus and Incentives
Provident Fund Cont., Leave Encashment and Gratuity
Staff welfare
TOTAL
SCHEDULE : ‘K’
ADMINISTRATIVE EXPENSES
Travelling & Conveyance
Discount on Sales
Repairs and Maintenance
Printing and Stationery
Postage Telegrams and Telephones
Legal and Professional Charges
Rent Rates Taxes & Electricity Charges
Inauguration Expenses
Licence fees
TOTAL
33
FOR THE YEAR
ENDED
31.03.2015
Rs.
73711865.15
8797272.45
1942497.00
829126.00
166065.00
89550.46
116000.00
17844.00
5635703.41
22398.39
91328321.86
68202109.90
5811709.81
3631674.00
50142.00
366848.00
53433.58
28500.00
2055636.42
254037.51
80454091.22
217703436.32
9878482437.17
1105589.97
222575453.43
9874716010.03
200159653.76
7911019300.10
1401947.17
217703436.32
7894877464.71
234194518.10
36672593.79
3237492.88
228170790.55
59247853.81
3267953.50
274104604.77
290686597.86
2167390.40
3275669.00
3595867.00
3075791.44
2268550.00
26794935.37
114761.00
280005.16
1832158.00
2700.00
2503257.00
3313987.38
2800449.12
2218542.00
24912891.06
364478.00
190006.00
41572969.37
38138468.56
CENTRAL GOVERNMENT EMPLOYEES CONSUMER CO-OP SOCIETY LTD.
SCHEDULE ANNEXED TO STATEMENT OF PROFIT & LOSS FOR
THE YEAR ENDED 31ST MARCH 2016
PARTICULARS
FOR THE YEAR
ENDED
31.03.2016
Rs.
SCHEDULE : ‘L’
SELLING AND DISTRIBUTION EXPENSES
Tenders & other advertisement expenses
Repairs & Maintenance of scale and weights
Repairs & Maintenance of Vehicles
Loading and Unloading Expenses
Insurance charges
Quality Control Expenses
Hiring Charges of Vehicles
Store Running & Maint. Expenses
Contingent labour
Turnover/ Trade /Sales Tax/Service tax
Manpower Outsourcing Expenses
Sales promotion
Installation charges
TOTAL
SCHEDULE : ‘M’
INTEREST AND FINANCIAL CHARGES
Bank interest
Bank Charges
Others Interest Charges
Service Charges to Bank
TOTAL
SCHEDULE : ‘N’
OTHER EXPENSES
Addl Demand of sales Tax
Internal Audit Fees
Miscellaneous Expenses
Statutory Audit Fees
Tax Audit Fee
Stock verification charges
Training Expenses
Accounting Charges
Penalty Paid
Loss on sale of Vehicle
Loss by Theft
Vat Audit Fees
ISO Certification charges
Professional Tax
TOTAL
34
FOR THE YEAR
ENDED
31.03.2015
Rs.
952094.99
374497.00
533786.00
626837.38
540412.00
630356.00
4866856.30
6259896.17
4850.00
272947.50
3895197.00
2571391.00
5678469.73
723925.00
323045.00
322260.00
698247.06
555854.00
574039.00
5347926.23
7027023.39
60169.00
180125.00
3460761.00
3308202.69
1957211.78
27207591.07
24538789.15
3107388.00
1339322.44
279187.00
1578190.20
3962731.00
1181139.41
405332.00
1130528.84
6304087.64
6679731.25
286749.00
2547805.84
120225.00
203451.00
723426.00
1374482.00
49809.00
10865.00
63906.00
260850.00
1885534.74
123236.00
120890.00
545548.00
1580322.00
84568.00
35309.00
8618.00
4110.00
5380718.84
4648985.74
SCHEDULE ANNEXED TO AND FORMING PART OF THE BALANCE SHEET
AS AT 31ST MARCH 2016
SCHEDULE: O
SIGNIFICANT ACCOUNTING POLICIES & NOTES ON ACCOUNTS
1. SIGNIFICANT ACCOUNTING POLICIES
(A) Accounting Convention
The accounts have been prepared on the basis of historical cost, on the principles
of going concern and in accordance with generally accepted accounting principles
(GAAP) and in accordance with provisions of Multi State Cooperative Societies Act,
2002.
(B) Use of Estimates
The preparation of Financial Statements requires estimates and assumptions to be
made which affect the reportable amount of assets and liabilities on the date of the
financial statements and the reported amount of revenues and expenses during the
reporting period. Difference between the actual results and estimate are recognized
in the period in which the results are known / materialized.
(C) Revenue Recognition
i)
Sales are recognized at the time of raising of invoice and delivery of goods to
customers
ii)
All expenses and incomes are accounted for on accrual basis except for
following items, which have been accounted for on cash basis.
-
-
-
Interest due from employees on account of loans.
Insurance claim recoverable.
Recovery of Shortage from Store In charges.
(D) Fixed Assets and Depreciation
i)
Fixed Assets
Fixed Assets are stated at written down value which is cost less depreciation.
ii)
Depreciation
Depreciation on fixed Assets has been provided on written down value method at
the rate prescribed under Income Tax Rules, 1962 and based on the useful life of
the assets.
(E) Inventory
Closing stock is valued at lower of cost or net realizable value. Cost of stock has
been calculated on the basis of FIFO method.
(F) Investment
Investments have been classified as current and noncurrent (Long Term). Long term
investment has been carried at cost less diminution for permanent diminution.
The current investments have been carried at cost or realizable value whichever is
less.
35
(G) Retirement benefits
i)
Gratuity & Leave Encashment
Provision for Gratuity and leave encashment payable to employees is made on
the basis of actuarial valuation at each balance sheet date using the projected
unit credit method which recognizes each period of service as giving rise
to additional unit of employee benefit entitlement and measures each unit
separately to build up the final obligation. These benefits are unfunded.
ii)
Provident Fund contribution are accounted for on accrual basis and both the
employee and the Society make monthly contributions to the provident fund
equal to a specified percentage of the employee’s salary & the same has been
charged to statement of profit & loss . The society has no further obligation on
account of provident fund.
(H) Account Receivables / Payables
a)
In respect of debts, outstanding for three years or more, appropriate provisions,
as considered necessary by the management have been made.
b)
Book Debts are shown at net of provision.
c)
In respect of debtors & creditors, balances have been shown net of debits and
credits of all divisions / branches taken together.
(I) Contingencies and Provisions
A disclosure for a contingent liability is made when there is a possible obligation or
a present obligation that may, but probably will not, require an outflow of resources.
When there is a possible obligation in respect of which the likelihood of outflow of
resources is remote, no provision or disclosure is made.
(J) Impairment of Assets
Management determines the impairment loss at the reporting date every year if
there any indication of impairment of assets.
2. NOTES ON ACCOUNTS
(A) Balances of sundry creditors, debtors, loans, advances and other recoverable, stores
and Inter Branch Adjustme are subject to confirmation and reconciliation. The
Society is in the process of reconciling the above accounts. On such reconciliation
and specific identification, necessary adjustments and provisions, wherever required
shall be made in the Books of Accounts.
(B) Cash Balance at the end of the year of Rs. 21096/- at Goa Branch now verified and
confirmation towards the same.
(C) Contingent Liabilities :
i)
Guarantees issued by the bank on behalf of the Society as on 31.03.2016 are
Rs. 140.78 Lakhs (previous year Rs.104.80 Lakhs)
ii)
Liabilities arising if any out of the case filed by the ex-employees /employees
are unascertainable
iii) VAT Case : Objection relates to mismatch of Annexure 2A and 2B for the
year 2012-13 and 2013-14 and Amount of Tax ,Interest & penalty imposed
by the Sales Tax Deptt (demands) of Rs. 347.07 Lakhs and 101.51Lakhs
respectively. The Appeal has been filed with the Appellate Authority and
36
allowed by the Appellate Authority. The case is under hearing before the
Assessing Officer.
(D) Current Tax
Provision for Income Tax is recognized on an annual basis. Estimated tax liability
is computed after taking credit for allowances & exemptions in accordance with
Indian Income Tax Act’1961.
Deferred Tax
The differences that result between the profits considered for Income Taxes and the
profit as per the financial statements are identified, and thereafter a deferred tax
asset or deferred tax liability is recovered for timing differences as per Accounting
Standard-22 “Taxes on Income”. The tax effect is calculated on the accumulated
timing difference at the end of an accounting period.
Deferred Tax Liability
NIL
Accumulated timing difference on account of Gratuity & Leave
Encashment
Rs.15,42,75,117/-
Deferred Tax Asset (As per Tax rates applicable)
Rs.5,24,38,112/-
The total Deferred Tax assets as on 31.03.2016 have been recognized during the
year including the effect of previous year.
(E) Impairment of Assets – Accounting Standard 28
In the opinion of the management there is no impairment of Assets as there is no indication of impairment as on 31.03.2016 requiring recognition in the terms of
said standards
(F) In the opinion of the management the value on realization of current assets, loans
and advances, if realized in the ordinary course of business shall not be less than
the amount at which they are stated in the Balance Sheet as on 31.03.2016.
(G) Rent
The Ministry of Urban Development (Dte. Of Estates) vide their office memorandum
No.12035/94-Pol.II dated 10th November, 2005 has imposed market rent/market
rate of license fee on the allotted Kendriya Bhandar accommodations and the rent
arrear of Rs.45.58 lakhs was incorporated in the Annual Accounts for the year
2005-06 and subsequently Rs.102.46 lakhs each for the financial years 2006-07
to 2009-10 and Rs110.25 Lakhs for the year 2010-11 and Rs. 125.37 lakhs for the
year 2011-12 respectively based on the said OM/directive received from Central
Government.
An amount of Rs.125.37 lakhs towards rent has been incorporated in the Annual
Accounts for the year 2015-16 which includes the market rent imposed on the
Kendriya Bhandar retail store accommodations and office accommodations, by the
Ministry of Urban Development on the basis of the rent demand raised by the
Ministry of Urban Development as well as the rent for other retail stores.
(H) Provisions
Provisions are determined based upon management estimates required to settle the
obligation at the balance sheet date. They are reviewed at each balance sheet date
and adjusted to reflect the current management estimates.
37
Provision for bad & doubtful debts
Provision for bad & doubtful debts has been made for the debtors recoverable on or
before 2001-02 and not recovered at the end of the financial year. During the year
no Provision for bad & doubtful debts has been made.
(I) Related Party disclosures
As required by AS-18- “Related Party Disclosures”, are given below:
Key Management Personnel
Shri Rajeev Kumar Singh , Managing Director
Transactions
: Key Management Personnel
Managerial Remuneration : Rs.14.42 Lakhs (P.Y. Rs.18.58 lakhs)
(J) Retirement benefits disclosures (AS-15)
Disclosure as per AS-15 “Employee Benefit” for Defined Benefit Plan, as per actuarial
valuation as on March 31, 2016
a)
Actuarial Assumptions (Economic Assumptions)
31/03/2016
31/03/2015
Discounting Rate
8.00
8.00
Future salary increase
5.50
5.50
Expected Rate Of return on plan assets
0.00
0.00
b)
Actuarial Method- PUC (Projected Unit Credit Method)
c)
Change in present value of obligation
31/03/2016
31/03/2015
10,30,46,200
8,72,99,097
Nil
Nil
Interest cost
82,43,696
74,20,423
Current service cost
48,33,473
47,81,292
(1,38,67,299)
(1,17,99,349)
31,37,395
(1,53,44,737)
10,53,93,465
10,30,46,200
31/03/2016
31/03/2015
Actuarial gain/(loss) for the period
obligation
(31,37,395)
1,53,44,737
Total (gain)/loss for the period
31,37,395
1,53,44,737
Actuarial( gain)/loss recognized in
the period
31,37,395
1,53,44,737
Present value of obligation as at
the beginning of the period
Acquisition adjustment
Benefit paid
Actuarial gain / Loss on obligation
Present value of obligation as at
the end of the period
d)
Actuarial gain/ loss recognized
38
e)
The amount to be recognized in the balance sheet and related analysis
Present value of obligation as at
the end of the period
Fair value of plan assets as at the
end of the period
Funded status / Difference
Unrecognized actuarial (gain)/
losses
Net asset/ (liability) recognized in
balance sheet
f)
31/03/2015
10,30,46,200
Nil
Nil
(10,53,93,465)
Nil
(10,30,46,200)
Nil
(10,53,93,465)
(10,30,46,200)
Expenses recognized in the statement profit and loss
Current service cost
Interest cost
Net actuarial (gain)/loss recognize
in the period
Expenses recognized in the statement profit and loss
g)
31/03/2016
10,53,93,465
31/03/2016
48,33,473
82,43,696
31,37,395
1,62,14,564
31/03/2015
47,81,292
74,20,423
(1,53,44,737)
2,75,46,452
Bifurcation of PBO at the end of the year
31/03/2016
65,64,826
9,88,28,639
10,53,93,465
Current liability
Non current liability
Total PBO at the end of the year
31/03/2015
1,08,36,137
9,22,10,063
10,30,46,200
(K) Operating Lease Disclosure (AS-19)
Upto 1 yrs.
Rs. 190.63 lakhs
More than one year but upto 3 yrs.
Rs. 611.51 lakhs
Not More than 5 yrs
Rs. 219.32 lakhs
(L) Components of Deferred Taxation
Computation for Deferred Taxation for the Accounting Year 2015-16
Particulars
Deferred Tax Assets items
Provision for Gratuity
Provision for Leave Encashment
Gross Amount
Deferred Tax Assets
39
2015-16
2014-15
10,53,93,465
4,88,81,652
15,42,75,117
5,24,38,112
10,30,46,200
4,86,17,659
15,16,63,859
5,15,50,545
(M) Segment Reporting
Information pursuant to AS-17 as notified by Central Government for the year ended
31st March’2016. Segment Reporting as per Accounting Standard 17 (Standards)
Rules, 2006, as amended.
(a) Primary segment information (Business Segments)
Particulars
Consumer + Grocery
Year ended
March 31,
2016
Year ended
March 31,
2015
Stationery + others
Year ended
March 31,
2016
Year ended
March 31,
2015
Consolidated Total
Year ended
March 31,
2016
Year ended
March 31,
2015
(i) S
egment
Revenue
External
Revenue
Inter-Segment
Revenue
6,78,57,88,758 3,05,43,59,501 3,42,28,07,693 5,19,72,17,216 10,20,85,96,451 8,25,15,76,718
-
6,78,57,88,758 3,05,43,59,501 3,42,28,07,693 5,19,72,17,216 10,20,85,96,451 8,25,15,76,718
Total Revenue
(ii)Segment Result
(Loss/Profit
before Tax
and Add/
(Less) : Other
Unallocable
income/
(expenditure)
net of other
unallocable
(expenditure)/
income
Operating Profit
Less Income
taxes and
Deferred tax
(reversal)
Total Profit
from operating
activities after
tax
5,89,34,836
(54,97,550)
6,81,16,468
(iii) Segment
Assets
Unallocated
Corporate Assets
Total Assets
Segment
Liabilities
Unallocated
Corporate
Liabilities
Total Liabilities
Capital
Employed
(Segment Assets
– Segment
Liabilities)
13,45,66,384
12,70,51,305
12,90,68,834
(6,09,12,179)
(6,17,37,438)
6,61,39,126
6,73,31,396
2,27,49,433
1,94,73,272
4,33,89,693
4,78,58,124
3,23,13,22,797 2,91,28,52,374
3,23,13,22,797 2,91,28,52,374
2,53,98,87,208 2,26,34,81,892
2,53,98,87,208 2,26,34,81,892
(iv)Depreciation
and amortization
Unallocated
depreciation and
amortization
expense
40
69,14,35,589
64,93,70,481
44,99,666
51,29,376
44,99,666
51,29,376
b)
The Multi State Co-operative Society operates solely in one geographic segment
namely “Within India” and hence no separate information for geographic segmentwise
disclosure is required.
c)
Segment revenue, results, assets and liabilities include amounts identifiable to
each segment and amounts allocated on a reasonable basis.
(N) Prior period Comparatives
Figures of the previous year are regrouped and reclassified wherever necessary to
make them comparable to the figures of the current year.
Sd/-
(Bharat Kumar)
Accounts Officer
Sd/-
(Ashok Kumar Yadav) Accounts Officer
Sd/-
(Sushma Sati)
Accounts Officer
In terms of our report of even date annexed herewith
FOR RAJEEV KIRTI & CO.
CHARTERED ACCOUNTANTS
Sd/(Rajeev Kumar Gupta)
Proprietor
M.No. 085818
Place: New Delhi
Date : 19th August, 2016
41
Sd/-
(Bipin Bihari)
DGM (F&A)
Sd/-
(R.K. Singh)
Managing Director
CENTRAL GOVERNMENT EMPLOYEES CONSUMER CO-OP SOCIETY LTD.
CASH FLOW STATEMENT
PARTICULARS
A
B
C
(1)
(2)
(3)
Cash Flow from operating activities
Net (Loss)/Profit before Taxation and extraordinary item
Adjustments for : Non cash expenditure/ Income
Liability no longer required & Provision written back
Prior period Expenses
Other provisions for expenses
Depreciation
Financial Expenses
Interest Received
Operating profit before working capital changes
Adjustments for changes in working capital :
- (INCREASE)/DECREASE in Accounts Receivable
- (INCREASE)/DECREASE in Other Receivables
- (INCREASE)/DECREASE in Inventories
- INCREASE/(DECREASE) in Accounts Payable and Other
Liabilities
- INCREASE/(DECREASE) in Non Current Liabilities and
Provision
Cash Generated from Operations
Taxes Paid
Net Cash from operating activities (Total-A)
Cash Flow From Investing Activities
Purchase of Fixed Assets
Proceeds from Sale of Fixed Assets
Maturity/Investment in FDRs
Interest Received
Net Cash from Investing activities (Total -B)
Cash Flow from Financing Activities
Proceed from issuance of Share Capital & Application Money
Secured Loan (Bank overdraft)
Financial Expenses
Dividend Paid
Education Fund Paid
Net cash from Financing activities (Total - C)
Net Cash Increase/(Decrease) in cash & cash equivalents
(A+B+C)
Cash and cash equivalents as at 31/03/15 (P.Y. 31.03.2014)
Cash and cash equivalents as at 31/03/16 (P.Y. 31.03.2015)
2015-16
Rs. In Cr.
6.61
2014-15
Rs. In Cr.
6.73
0.32
(0.02)
0.51
0.67
(6.82)
1.07
(17.88)
(12.68)
(0.49)
27.75
(9.19)
5.68
(1.78)
13.21
0.87
(3.32)
(2.11)
(1.80)
(3.91)
5.67
(3.15)
2.52
(0.33)
0.01
(9.22)
7.37
(2.17)
(0.61)
0.30
6.82
6.51
0.01
(2.76)
(0.63)
(0.07)
0.00
(3.45)
(9.53)
0.01
1.32
(0.67)
(0.14)
0.52
9.55
25.66
16.13
16.11
25.66
0.45
0.63
(7.37)
The above Cash Flow Statement has been prepared under the indirect method as set out in the
accounting standard-3 on cash flow statement issued by the Institute of Chartered Accountants of
India
Figures in brackets indicate cash outflow
The Figures of Previous year have been regrouped/reclassified wherever necessary.
Sd/-
(Bharat Kumar)
Accounts Officer
Sd/-
(Ashok Kumar Yadav) Accounts Officer
Sd/-
(Sushma Sati)
Accounts Officer
Sd/-
(R.K. Singh)
Managing Director
Place: New Delhi
Date : 19th August, 2016
42
Sd/(Bipin Bihari)
DGM(F&A)
FOR RAJEEV KIRTI & CO.
CHARTERED ACCOUNTANTS
Sd/(Rajeev Kumar Gupta)
Proprietor
M.No. 085818
POSTAL ADDRESS & TELEPHONE NUMBERS
DELHI OFFICES
1.
Head Office
Pushpa Bhawan, Madangir Road,
New Delhi -110062
Chairperson - 29955888
Managing Director – 29053780
DGM(F&A) – 65391134
AGM (C)/Asstt. Secretary – 26054610 (Tele Fax),
011-65391144
AGM (G) – 29955912
VO – 65391131
SA - 29053105
PRO & EO-II – 26054728
MD Office – Fax – 29052150
2.
Grocery Godown-I
Pushpa Bhawan, Madangir Road,
New Delhi -110062
Ph. No. 65391130
3.
Grocery Godown-II
B-2, CW, Rana Pratap Bagh, Delhi
Ph. No. 27416734 & 65391125
4.
Consumer Godown-I
Pushpa Bhawan, Madangir Road,
New Delhi -110062
Ph. No. 26058656
5.
Consumer Godown-II
B-2, CW, Rana Pratap Bagh, Delhi
Ph. No. 27119525, 65391124 Fax : 27122001
6.
Institutional Sales
Unit
E-Wing, Ground Floor, Pushpa Bhawan,
Madangir Road, New Delhi -110062
Ph. No. 29955139
7.
Stationery Division
West Block-8, Wing-3, R.K. Puram, New Delhi
Ph. Nos. 26713779, 80 & 85 Tele-fax :
26713781
8.
Stationery/Sales/
Godown
East Block-10, Ground Floor, R.K. Puram,
New Delhi
Ph. Nos. 26713782-84 Tele-fax : 26713783
43
LIST OF TELEPHONE NUMBERS OF OFFICERS
OF KENDRIYA BHANDAR
S.
No.
Name & Designation
Telephone (O)
Telephone (R)
1.
Smt. Poonam Rawat
Chairperson
29955888
(Cell) 9818504445
Fax : 29052150
26195400
2.
Shri R.K. Singh
Managing Director
29053780
(Cell) 9810765533
25512130
3.
Shri Mukesh Chaturvedi
Director (Estt.), M/o Personnel,
Public Grievance & Pension and
Chief Vigilance Officer, Kendriya
Bhandar
4.
Shri Bipin Bihari
Dy. General Manager (F&A)
65391134
(Cell) 9968896273
5.
Shri Brij Choudhary
Asstt. General Manager (Sty.)
26713780
(Cell) 9811991599
29957070
6.
Shri Alok Parhi
Asstt. General Manager (Grocery)
29955912
(Cell) 9711673318
9873143335
7.
Shri Mukesh Kumar
Asstt. General Manager (Consumer) & Secretary
65391144
(Cell) 9212436282
8.
Shri Debadas Ray
Vigilance Officer
65391131
(Cell) 8512029608
9.
Shri Ashok Kumar Yadav
Accounts Officer
(Cell) 7503017045
10.
Shri Bharat Kumar
Accounts Officer
(Cell) 9868707603
11.
Ms. Sushma Sati
Accounts Officer
(Cell) 9953273914
12.
Shri D.S. Negi
Quality Control Officer
13.
Shri Ashwani Kumar
Systems Analyst
29053105/
65688854
(Cell) 9871948146
14.
Shri Rishi Mathur
Public Relations Officer
26054728
(Cell) 9968059279
011-23040396
(Cell) 9205131858
44
KENDRIYA BHANDAR, NEW DELHI
LIST OF RETAIL STORES IN DELHI
S.
No.
1
Name of the
Store
Andrews Ganj
2
ASI (Janpath)
3
Aram Bagh
4
5
Ayur Vigyan Nagar
Ashok Hotel
6
AIIMS
7
BBM Depot
8
10
Bhavishya Nidhi
Enclave (Malviya
Nagar)
Baba Kharak
Singh Marg
Curzon Road
11
C.R. Park
12
CGO Complex
13
C.R.Building, ITO
14
DIZ Area, Near
Gole Mkt.
9
Address
Ph. No.
Road No.4, Qr. No.9 & 11,
Andrews Ganj, New Delhi
ASI Building, Janpath, New
Delhi
Kendriya Bhandar Bhawan,
Aram Bagh, New Delhi
Khel Gaon Marg, New Delhi
The Ashok Hotel Complex
Shop no. 3, 4 & 5 (50B
Chanakyapuri),
New Delhi -110021
All India Institute of Medical
Sciences Colony (Behind
Safdarjung Hospital)
DTC Depot, Banda Bahadur
Marg, Delhi-110009
Bhavishya Nidhi Enclave,
Malviya Nagar, New Delhi
Ph. 26265816
Baba Kharak Singh Marg, New
Delhi -110001
Curzon Road MS Apartments,
Kasturba Gandhi Marg, N.Delhi
DDA Hutments Central Market
No.1, Chittranjan Park, New
Delhi-110019
Garage No.1 & 2, Block No.9,
CGO Complex, Lodhi Road, New
Delhi-3
C.R. Building, IP Estate, New
Delhi-110002
Type-1 Qtr., Community Hall,
Rama Krishna Ashram Marg,
DIZ Area, N. Delhi
45
Ph. 23061889
Ph. 65391127
Ph. 26265323
Ph. 27651680
Ph. 26673104
Ph. 65391128
Ph. 26274108
Ph. 24360435
Ph. 23379523
Ph. 23743076
S.
No.
15
Name of the
Store
Delhi University
(North Campus)
16
Delhi Secretariat
(ITO)
17
Dilshad Colony
18
Dwarka Sector-7
19
20
Dwarka Sector23B
East of Kailash
21
Gulabi Bagh
22
Geeta Colony
(Shastri Nagar)
23
Hari Nagar
24
IARI Pusa
25
IIT Hauzkhas (I)
26
IIT Shopping
Complex
27
INA
28
IP University
29
Jal Vihar
Address
Ph. No.
Utility Centre, Near State Bank
of India University of Delhi
(North Campus) Delhi
Delhi Secretariat Building, IP
Estate, New Delhi -02
Ph. 27662469
F-93/G-1, Dilshad Colony,
Delhi-95
D-465, Ramphal Chowk,
Sector-7, Dwarka, New Delhi110075
DDA Shops, Sector-23B,
Dwarka, New Delhi
Shop No.1 & 2 CSC, East of
Kailash, DDA Market, New
Delhi-110065
House No. 861, Delhi Govt.
Residential Colony, Gulabi
Bagh, New Delhi-17
Office of the Deputy
Commissioner (East) I&FC Office
Complex, LM Bandh, Delhi-31
DTC Depot, Hari Nagar, Jail
Road, New Delhi-58
Old Dispensary Building, IARI
Pusa, New Delhi-12
Nalanda Guest House Res.
Comp. IIT, Hauzkhas, N. Delhi
Shop No.1, Local Shopping
Complex, IIT Hauzkhas,N. Delhi
Ph. 23721703
Ph. 45542937
Ph.26219597
Ph. 28855017
Ph. 25843354
Ph. 26581183
Ph. 26581196
Type-3, Qtrs No.5 to 8, INA
Ph. 28844048
Colony, New Delhi-23
Guru Govind Singh
Indraprastha University, Sector16C, Dwarka, New Delhi-110075
Shop No. 1 & 2, Jal Vihar
Ph. 26322788
Colony, New Delhi-110024
46
S.
No.
30
Name of the
Store
JNU -I
31
JNU –II (Campus)
32
33
Jamia Millia
Islamia (University
Campus)
Kali Bari Marg
34
Kasturba Nagar
35
36
Kalkaji
Krishi Vihar
37
Krishi Kunj (near
Inderpuri)
Kalyanvas (near
Mayur Vihar)
38
39
Kidwai Nagar
40
Keshav Puram (La.
Road)
41
Lodhi Colony
42
Lodhi Road
(Market)
43
Lancer Road
44
Laxmi Bai Nagar
45
46
Mahadev Road
Moti Bagh –I
Address
Ph. No.
JNU Campus, Paschimabad,
New Delhi
JNU Shopping Complex, New
Delhi
Jamia Millia Islamia University,
Near Post Office above Indian
Bank, New Delhi-54
H-313 & 314 Kali Bari Marg,
New Delhi-11001
Qtr. No.437, 441`, 445 & 433,
Kasturba Nagar, New Delhi-3
DTC Depot, Kalkaji, N.Delhi-19
A-1, ICAR Colony, Krishi Vihar,
New Delhi-110017
E-11, DXI, Qtr. No.483, Krishi
Kunj, New Delhi-110012
Shopping Complex, Delhi Govt.
Residential Colony, Kalyanvas,
Delhi –91
Kidwai Nagar East (near INA
mkt.), New Delhi-110023
B-4, DDA Market, Keshav
Puram (Lawrence Road), New
Delhi
B-III, 10/165, Lodhi Colony,
New Delhi-3
Shop No. 10 to 12, Lodhi Road
Market Complex 1
Ph.26741371
Jawahar Market, Lancer Road,
Delhi
Laxmi Bai Marg (near Type-IV
CPWD Quarters), Laxmi Bai
Nagar, New Delhi -23
23. Mahadev Road, New Delhi
Qtr No. B-87, Moti Bagh, New
Delhi
47
Ph. 23340128
Ph.24604773
Ph. 26387438
Ph. 26242752
Ph. 25831666
Ph. 24602865
Ph. 24602865
Ph. 28844047
Ph. 24648552
Ph. 26111233
Ph. 23358149
Ph. 24103151
S.
No.
47
Name of the
Store
Moti Bagh-II
(South)
Address
Ph. No.
S-152, NDMC Market, Moti
Bagh, New Delhi
Ph. 24103149
48
Moti Bagh (North
West)
Type IV/33, North West Moti
Bagh, New Delhi-22
49
Minto Road
50
Mall Road
51
Metro Vihar
(Shastri Park)
Metro Vihar
(Najafgarh)
Minto Road Hostel,
New Delhi-01
Office of Director Audit &
Accounts, P&T, Shamnath Marg,
Near Old Secretariat, Delhi-54
DMRC Residential Colony,
Shastri Park, Delhi -110053
DMRC Residential Colony, Metro
Vihar, Najafgarh, NewDelhi110037
Maulana Azad Medical College
Campus, (main gate Residential
Colony), Bahadurshah Zafar
Marg, New Delhi-02
NDMC Market, Netaji Nagar,
New Delhi-23
NCERT Shopping Complex, Shri
Aurobindo Marg, New Delhi-30
F-147, Type-III Qtr, Nauroji
Nagar, New Delhi
NTPC Power Station, Badarpur,
New Delhi-110044
Gate No.2, Central Secretariat,
New Delhi-110001
Netaji Subhas Institute of
Technology (NSIT) Campus,
Azad Hind Fauz Marg Sector-3,
Dwarka New Delhi -110078
New Moti Bagh Complex
52
53
MAMC Campus
54
Netaji Nagar
55
NCERT
56
Nauroji Nagar
57
NTPC (Badarpur)
58
North Block
59
NSIT (Dwarka)
60
New Moti Bagh
Store
Pragati Vihar
61
Pragati Vihar Hostel Hutments,
Lodhi Road, New Delhi-11003
48
Ph. 65391126
Ph. 23812679
Ph. 23232507
Ph. 26878839
Ph. 26854108
Ph. 23092886
Ph. 24104443
S.
No.
62
Name of the
Store
Pushp Vihar-1
63
Pushp Vihar-IV
64
Pushp Vihar
(Market)
65
Pushpa Bhawan
66
Pappankalan
67
Pandara Road
68
Peshwa Road
69
Patel Dham
70
Pitam Pura
71
Panchwati
72
73
Patparganj
R.K.Puram-I
Market
74
R.K.Puram-II
Market
R.K.Puram-III
75
76
77
R.K.Puram-IV
Market
R.K.Puram-V
78
R.K.Puram-VI
79
R.K.Puram-VII
Address
Ph. No.
Qtr. No.B-107/3, Pushp Vihar
Sector-1, New Delhi-110003
Block-89 Garage, Pushp
Vihar Sector-IV, New Delhi-62
(Wednesday )
Shop No. 20, 21, 28 and 29,
Sector –IV, Market, Pushp Vihar,
M.B. Road, N. Delhi
E-Wing, Pushpa Bhawan,
Madangir Road, New Delhi-62
SPG Complex, Shop No.4,
Pappankalan, New Delhi
D-II/321, Pandara Road, New
Delhi-3
Community Centre, Peshwa
Road, Gole Market, New Delhi-1
F-1, IB Colony, S.P.Marg, Patel
Dham, New Delhi
Qtr No.394 & 406, Income Tax
Colony, Pitam Pura, N. Delhi-85
DDA Colony, Panchwati, Palam,
New Delhi-110045
DTC Depot, Patparganj, Delhi
Shop No.19 & 20, R.K.Puram-I
Market, New Delhi-110022
Ph. 29564126
Shop No. 19 & 20, R.K.Puram-II
Market, New Delhi-110022
Qtr No.1115, R.K.Puram-III,
New Delhi-22
Shop No. 20 to 25, R.K.PuramIV Market, New Delhi-22
Qtr No.299, Sector-V,
R.K.Puram, New Delhi-22
Qtr. No.759, R.K.Puram-VI, New
Delhi-22
Qtr No.1015, R.K.Puram-VII,
New Delhi-22
Ph. 26173120
49
Ph. 29564132
Ph. 29563736
Ph. 65391143
Ph. 25090049
Ph. 23387818
Ph. 23368107
Ph. 27346623
Ph. 65391123
Ph. 26173122
Ph. 65391145
Ph. 65391141
Ph. 26172884
Ph. 26165408
Ph. 26172947
S.
No.
80
Name of the
Store
R.K.Puram IX A
81
R.K.Puram-IX B
82
R.K.Puram (West)
83
Rashtrapati
Bhawan-I
84
Rashtrapati
Bhawan-II
85
87
Sarojini Nagar
B-Block
Sarojini Nagar
H-Block
Sadiq Nagar
88
Srinivaspuri
89
Shalimar Bagh
90
Sarita Vihar
91
93
Sarojini Nagar
(P&T Colony)
Sarita Vihar-II
(Mkt)
Timarpur
94
Timarpur –II
95
Tihar Jail Colony
96
Taurus Welfare
Complex
86
92
Address
Ph. No.
Flat No.821, R.K.Puram-IX,
New Delhi-22
Qtr No.329, R.K.Puram-IX, New
Delhi-22
Registrar General Office,
R.K.Puram, West Block, New
Delhi-22
Shop No.5, 6, Shopping
Complex, President Estate, New
Delhi-110004
Schedule ‘A’ Type-I, Qtr. No. 37,
Rashtrapati Bhawan,
New Delhi-110004
B-245, Sarojini Nagar, New
Delhi-23
H-638, Sarojini Nagar, New
Delhi-23
Shop No. 2, Local Shopping
Centre, Sadiq Nagar,
New Delhi-110049
G-519, Srinivaspuri, New Delhi
-110065
NDPL Housing Colony, Shalimar
Bagh, New Delhi.
DMRC Residential Colony,
Sarita Vihar New Delhi-110076
EPT-111, P&T Colony, Sarojini
Nagar, New Delhi-110023
Shop No.7, CSC Market,
B-Block, Sarita Vihar, New Delhi
75 Z, ( Qtr No.535), Timarpur,
Delhi-110054
Shopping Complex, Delhi Govt.
Residential Colony, Delhi -54
New Residential Complex, Vidya
Marg, Central Jail-Tihar, New
Delhi-110064
Taurus Welfare Complex – Delhi
Cantt, New Delhi
Ph. 26178553
50
Ph. 26165892
Ph. 23015988
Ph. 24677245
Ph. 24103152
Ph. 26254105
Ph. 26922984
Ph. 27497195
Ph.26942192
Ph. 23811409
S.
No.
97
Name of the
Store
Tilak Lane
98
Udyog Bhawan
99
Vasant Vihar
100
Vasant Vihar
(Indian Airlines
Colony)
Vidyut Vihar
(Sarai Kale Khan)
101
102
Yojana Bhawan
Address
Ph. No.
NDMC Market, Shop Nos. 5,6 &
7, Tilak Lane, New Delhi-110001
Udyog Bhawan, New Delhi110011
E-Block, 20 A/20b, Central
Govt. Staff Qtr, Vasant Vihar,
New Delhi-110057
Shop No. 14, Indian Airlines
Residential Colony, Vasant
Vihar, New Delhi-110057
IPGCL Colony, Vidyut Vihar
(Near Bala Sahib Gurdwara),
Ring Road, New Delhi -110014
Ground Floor, Gate No.2,
Parliament Street, New Delhi110001
Ph. 26147972
Ph. 26156668
Ph. 26343418
Ph. 23096508
Chemist Shops :
1.
Chemist Shop
DUTA Office Building, Chhatra Marg, Delhi University, Delhi -110007
2.
Chemist Shop 23, Mahadev Road, New Delhi, Ph. 23358149
3.
Jan Aushadhi Generic
Drug Shop
Shasti Bhawan, New Delhi-110001
4.
Jan Aushadhi Generic
Drug Shop
Guru Tegh Bahadur Hospital, Shahdara, Delhi
Ph. : 22135057
5.
Jan Aushadhi Generic Deen Dayal Upadhyay Hospital, Hari Nagar,
Drug Shop New Delhi. Ph.:25125480,25125481
51
REGIONAL/DIVISIONAL OFFICES
Sl.
No.
Name, Designation & Addresses
Telephone (O)
1.
Mr. A.V. Ramanamurthy
Sr. Divisional Manager
Kendriya Bhandar
Central Revenue Quarters,
15th Main Road,
Anna Nagar West, Chennai-600040
044- 26160186 (D)
044- 26160327 (F)
044-26160538 (F)
09885051472(M)
2.
Shri A.V. Ramanamurthy
Sr. Divisional Manager
Kendriya Bhandar
Room No. 21 & 22, 1st Floor,
Municipal Complex
Putlibowli, Koti,
Hyderabad-500095
040-24736444
040-24653244 (F)
040-24652648 (F)
09885051472 (M)
3.
Shri K. Sourirajan
Sr. Divisional Manager
Kendriya Bhandar
Community Centre, CPWD Quarters
Domlour
Bangalore-560071
080-25350333
080-25352964 (F)
09448236880 (M)
4.
Shri Narendra Kumar
Incharge
Kendriya Bhandar
Door No. 30-6-28, First Floor,
Assam Garden, Beside Neelamma
Vepachettu
Dava Garden
Vishakhapatnam 530020
0891-6615911 (Telefax )
09866041349 (M)
5.
Mrs. Shobha S Tamne
Incharge
Kendriya Bhandar
New Shopping Centre, Central Govt. Staff
Quarter, Sector-VII, Antop Hill
Mumbai-400037
022- 24013563
022- 24013756 (F)
08692999609 (M)
52
Sl.
No.
Name, Designation & Addresses
Telephone (O)
6.
Shri K. Sourirajan
Sr. Divisional Manager
Kendriya Bhandar
Room No.8, Central Excise & Customs,
Central Revenue Building,
I.S. Press Road
Cochin- Kerala- 682018
0484-2393964 (KB)
(Telefax)
09448236880 (M)
7.
Shri Mayank Thakkar
Divisional Manager
Kendriya Bhandar
B/h. Ground Floor, Block No. 4
Jivraj Mehta Bhavan, Sector-10
Old Sachivalay,
Gandhinagar (Guj)-382010
079-23261484
079-23260124 (F)
09824330704 (M)
8.
Shri Gulshan Kumar
Incharge
Kendriya Bhandar
Central Revenue Building
Sector-17C, Chandigarh- 160017
0172- 2702064 (Telefax)
09815968773 (M)
9.
Shri Nandan Singh Dangwal
Incharge
Kendriya Bhandar
HAL Shopping Complex
Faizabad Road, Lucknow-226016
0522- 2353021
0522-2344962(F)
09452806380 (M)
10.
Shri Hari Kishore Sharma
Manager
Kendriya Bhandar
Office No. 5, 1st Floor, Puru Plaza,
Plot No. 2, District Centre, Sanjay Nagar,
Ghaziabad –201002
95120- 2785046
95120-2785047(F)
9899210178 (M)
9871205900 (M)
11.
Shri Vijay Yadav
Incharge
Kendriya Bhandar
NHPC, Sector-41 (Residential Colony)
Faridabad
0129- 2510538
0129-2510731 (F)
9953184483 (M)
53
Sl.
No.
Name, Designation & Addresses
Telephone (O)
12.
Sh. Praveen Kumar
Divisional Manager
Kendriya Bhandar
Lal Bahadur Shastri National Academy of
Administration, Mussoorie (U.P) 248179
0135-2635034
09837818585 (M)
13.
Shri Shailesh Saxena
Regional Manager
Kendriya Bhandar
G.S.I Colony, Malviya Ngr.,
Bi-Pass Road, Jaipur- Rajasthan
0141- 2751603 (Telefax)
09828055567 (M)
14.
Shri Vikas Gupta
Regional Manager
Kendriya Bhandar
A.G.’s Staff Colony, Shopping Complex
Shastri Nagar, Thatipur
Gwalior (M.P) 474011
0751- 2230811
(Telefax)
09425775554 (M)
09039221444 (M)
15.
Shri R.K.Dutta
Divisional Manager
Kendriya Bhandar
B/1, Shamli Housing Estate
Sector-1, EA-Block, Salt Lake
Kolkatta- 700064
033- 23340704
09830747940 (M)
16.
Shri Vijay Yadav
Incharge
Kendriya Bhandar
Kendriya Vihar, Sector –56, Gurgaon
0124-2572688
9953184483 (M)
17.
Shri Madhukar Parihar
Sr. Divisional Manager
Kendriya Bhandar
Qtr. No. N-158,
Mecon Colony, Shyamli
Doranda, Ranchi -834002
0651-2412224
0651-2412026
09608300154 (M)
54
Sl.
No.
Name, Designation & Addresses
Telephone (O)
18.
Mrs. K. Padmalatha
Incharge
Kendriya Bhandar
1305, E-Wing, Alok Nagari,
Kasaba Peth, Pune-411011
020-24571107
09765040759 (M)
19.
Mrs. Vaishali M Harikant
Incharge
Kendriya Bhandar
D-2-B, Govt. Staff Quarters
Near Microwave Tower
Altinho, Panaji Goa-403001
0832-2237486
09623217212 (M)
20.
Sh. Narendra Kumar
Incharge
Kendriya Bhandar
Type-H/144, Old AG Colony,
Unit-IV, Bhubaneswar,
Odisha-751001
0674-2500228
09866041349 (M)
09885051472 (M)
21.
Sh. Madhukar Parihar
Sr. Divisional Manager
Kendriya Bhandar
Qtr. No. 534 & 541 (Type-II)
AG Employee Complex
Behar Bari – Guwahati-781029
Assam
0361-2236355
09608300154 (M)
I/c – Sh. Anil Kumar
(Mob. 08876360708)
22.
Sh. Madhukar Parihar
Sr. Divisional Manager
H.No.4H/5, B.H. Colony
Bhootnath Road, Kankar Bagh, Patna800026
0612-2344588
09608300154 (M)
I/c – Sh. Rahul Singh
(Mob.09386765971)
55
STORES/OFFICES – OUTSIDE DELHI
MAHARASHTRA
PUNJAB
1. Antop Hill, Mumbai
1. Rail Coach Factory, Kapurthala*
2. PMT Building, Deccan Gymkhana, Pune UTTAR PRADESH
1. Noida Sector –36*
TAMILNADU
2. HAL Complex, Lucknow
1. Annanagar, Chennai
3. Hal Compound, Amethi*
2. Customs & Central Excise Complex,
4. Bareilly
Coimbatore
5. Kanpur
ANDHRA PRADESH/TELANGANA
6. Noida Sector – 82*
1. Putlibowli, Hyderabad, Telangana
7. Noida Sector – 51*
1. Tirupati, Andhra Pradesh*
8. Allahabad (Naini)*
2. Assam Garden, Vishakhapatnam, AP
9. Aligarh Muslim University, Aligarh*
4. Autonagar, Vijayawada, AP
UTTRANCHAL
PONDICHERRY
1. Academy of Admn., Mussoorie*
1. Jipmer
2. GMS Road, Dehradun
KARNATAKA
MADHYA PRADESH
1. Domlour, Bangalore
1. Gwalior*
KERALA
1. Central Excise Collectorate, Cochin*
DAMAN
1. Artillery Building, Moti Daman
RAJASTHAN
1. Jaipur*
2. Jodhpur
WEST BENGAL
1. Salt Lake, Kolkata
GOA
1. Panaji
JHARKHAND
1. Mecon Colony, Doranda, Ranchi
GUJARAT
1. Gandhi Nagar
HARYANA
1. NHPC, Sector-41, Faridabad*
2. Kendriya Vihar, Sect.-56, Gurgaon*
3. Jal Vayu Tower, Sect.-56 Gurgaon*
4. Power Welfare Organization (Sect.-43)*
5. Devender Vihar, Sect.-56, Gurgaon*
ASSAM
1. Guwahati*
CHHATISGARH
1. Raipur
ORISSA
1. Bhubaneswar
BIHAR
1. Kankarbagh, Patna
CHANDIGARH
1. Sector –17
2. Sector – 37C*
* Retail Stores
56
Evaluation and Assessment of Functioning of
Kendriya Bhandar during the year 2015-16
Performance of the Organization
The Society has achieved sales turnover of Rs.1020.86 crores with a net profit of
Rs.661.39 lakhs during the year 2015-16.
Kendriya Bhandar has proposed a dividend of 10% for the shareholders including
the Central Government on its paid up capital for the Financial Year 2015-16.
Due to extra ordinary performance of some Regional Offices by participating in
State Govt. tenders for grocery and other items, the Society has achieved all time
high sales of Rs.1020.86 crores. However, there is a sharp decline in the sales of
stationery and other items to Govt. Departments due to discontinuation of DOPT
OM w.e.f. 1st April, 2015.
Retailing of Grocery and Consumer items
In order to provide better shopping environment to customers, several initiatives
such as installation of bar code scanners for billing to customers, fixation of
display panels to enable customers to check prices of items and total bill amount
etc. Credit Card machines and CCTV Cameras have also been provided in many
stores and same is being extended in other stores in a phased manner.
A new Grocery/Consumer store has been opened at DDA shops, Sector-23B,
Dwarka. Renovation of stores are being carried out in a phased manner.
Kendriya Bhandar has been selling good quality pulses, sugar, atta and other
consumer items at very reasonable prices for the benefit of Government employees
and general public at large. At present, pules like Dal Arhar, Urad Sabut/Chhilka,
Dal Chana and Kala Chana are being sold in Kendriya Bhandar stores in Delhi
at very reasonable prices with the assistance of M/o Consumer Affairs, Food &
Public Distribution, Govt. of India.
Kendriya Bhandar has more than 100 nos. self-service grocery consumer stores
in Delhi besides the Institutional Sales Unit (ISU) and five pharmacy shops.
Apart from this, Kendriya Bhandar continued to maintain reasonable selling
prices than those prevailing in the market. Institutional Sales Unit, Kendriya
Bhandar continues to provide goods to institutions like Tihar Jail, Hostels, Guest
Houses, Canteens and Govt. Hospitals.
Sales of Medicines & tie-up with Deptt. of Pharmaceuticals under Jan
Aushadhi Project
Kendriya Bhandar is also supplying medicines and related items to CGHS
dispensaries. Kendriya Bhandar Jan Aushadhi stores supply good quality
57
generic medicines to retail customers as well as to Institutional customers. Due
to irregular supply of generic medicines from the manufacturing units (PSUs),
gap is observed in demand-supply chain management. As a result, these retail
stores could not be viable so far.
Quality Control Measures
The Society has established rigid quality standards to ensure that goods with
assured standards of quality are sold through its outlets. A well qualified Officer
has been appointed in Kendriya Bhandar for monitoring the product quality and
for making improvements on an ongoing basis. Packed grocery items are sold
after pre-testing in laboratory. On the shelf post-testing is done periodically. The
goods sold in the manufacturers packing carry the warranty of the manufacturer.
Complaint Books are provided in all the stores for customers to enter their
complaints / suggestions, which are acted upon from time to time.
Future Scenario
After discontinuation of DOPT office memorandum (OM) for procurement of
stationery and other items from Kendriya Bhandar, the sales of these items to
Govt. organizations is worst-hit. Renewed efforts are being made for restoration
of the same provision for procurement upto Rs. one lakh etc. in addition,
exemption from submission of EMD/Security Deposits in Govt. tenders has also
been requested.
Further, measures are being taken for cutting of over-head/running expenses.
A VRS scheme is being run on continuous basis for reduction in the manpower.
The leakage in supply chain is being plugged by strengthening the internal audit,
vigilance organization and improving the IT support/Software etc.
At this juncture, it is necessary that the Kendriya Bhandar retail stores operating
from the accommodations of Directorate of Estates (DOE) should continue for
which concerted efforts are being made to pursue the matter vigorously with
DoP&T as well as Ministry of Urban Development so that long outstanding
accommodation matter could be sorted out favourably.
For & on behalf of Kendriya Bhandar
Sd/(Poonam Rawat)
Chairperson
58
Smt. Poonam Rawat, Chairperson and senior officers of Kendriya Bhandar.
Smt. Poonam Rawat, Chairperson and Directors of Kendriya Bhandar.
59
Directors and Delegates of Kendriya Bhandar on the occasion of the 52nd Annual
General Meeting of the Society.
Delegates of Kendriya Bhandar on the occasion of the 52nd Annual General Meeting of
the Society.
60
Delegates and officers of Kendriya Bhandar on the occasion of the 52nd Annual General
Meeting of the Society.
Delegates of Kendriya Bhandar on the occasion of the 52nd Annual General Meeting of
the Society.
61
Chairperson, Kendriya Bhandar, MD, Director alongwith other employees of Kendriya
Bhandar on the occasion of Inauguration of Patanjali Store at Lancer Road Market.
Chairperson, Kendriya Bhandar, Board members, officers and employees of Kendriya
Bhandar and RWA members on the occasion of Inauguration of 1st Cosmetics Shop of
Kendriya Bhandar at R.K. Puram-IV.
62