(All figures are in Indian Rupees)

INCOME AND EXPENDITURE FOR THE YEAR ENDED 31ST MARCH 2004

INCOME

Grants Availed:

           -From Foreign Donors

58,843,292

           -From Indian Donors

2,756,082

61,599,374

Receipt from other Projects

2,151,607

Miscellaneous Income

2,490,207

Total INR

66,241,188

EXPENDITURE

Operational Expenditure

6,287,975

Programme Expenditure

58,310,836

64,598,811

Surplus carried over to Balance Sheet

1,642,377

Total INR

66,241,188

BALANCE SHEET ABSTRACT AS AT 31 MARCH 2004

SOURCE OF FUNDS

Share Capital

2,000

General Reserve

10,523,673

Corpus Fund

17,695,216

Liabilities for Capital Assets acquired out of Grants

10,625,194

Total INR

38,846,083

APPLICATION OF FUNDS

Fixed Assets

             - Out of Grants

10,625,194

             - Out of Own sources (Net of Depreciation)

342,331

Current assets, Loans & Advances

33,644,756

Less: Current Liabilities & Provisions

5,766,198

Net Current Assets

27,878,558

Total INR

38,846,083

Auditors: M/s Mahapatra & Mahapatra