Finance Sheet

<table border=0 cellpadding=2 cellspacing=1 align=center width=100%>
<tr><td colspan=10 align=center width=100%>Company : Astra

Microwave Products Ltd Industry : Telecommunications - Equipment - Medium /
Small</td></tr>
<tr><td colspan=10 align=left width=100%>Company >>
Finance >> Balance Sheet Consolidated (Rs in Crs.)</td> 
<table id="Baldetails" border="0" style="width:100%;">
<tr>
<td><table width='100%' align='center' cellspacing='0' cellpadding='0'
border='0' bgcolor='#ffffff'><tr><td valign='top'><table width=100%
class=tablelines cellpadding=2 cellspacing=1 border=0><tr><td class=SubSbHdrLeft
nowrap width=20%> Year</td><td class=SubSbHdr width=10%>Mar 07 </td><td
class=SubSbHdr width=10%>Mar 08 </td><td class=SubSbHdr width=10%>Mar
09 </td><td class=SubSbHdr width=10%>Mar 10 </td><td class=SubSbHdr
width=10%>Mar 11 </td><td class=SubSbHdr width=10%>Mar 13 </td><td
class=SubSbHdr width=10%>Mar 14 </td><td class=SubSbHdr width=10%>Mar
15 </td><td class=SubSbHdr width=10%>Mar 16 </td><td class=SubSbHdr
width=10%>Mar 17 </td></tr><tr><td class=ColmElement nowrap> 
SOURCES OF FUNDS :</td><td CLASS=ColmElementWht> </td><td
CLASS=ColmElementWht> </td><td CLASS=ColmElementWht> </td><td
CLASS=ColmElementWht> </td></tr><tr><td class=ColmElement nowrap> <a
href=''#'' onclick="javascript:return linkpopup('SHARECAP','MAN','4472','Share
Capital +','CBSC','con','r')" class=newlink>Share Capital +</a></td><td
class=ColmElementWht align='right'>10.68</td><td class=ColmElementWht
align='right'>10.75</td><td class=ColmElementWht align='right'>10.81</td><td
class=ColmElementWht align='right'>17.32</td></tr><tr><td class=ColmElement
nowrap> <a href=''#'' onclick="javascript:return
linkpopup('RESTOT','MAN','4472','Reserves Total +','CBSC','con','r')"
class=newlink>Reserves Total +</a></td><td class=ColmElementWht
align='right'>435.86</td></tr><tr><td class=ColmElement nowrap> Equity
Share Warrants</td><td class=ColmElementWht align='right'>0.00</td><td
align='right'>0.00</td><td class=ColmElementWht align='right'>0.00</td></tr><tr><td
class=ColmElement nowrap> Equity Application Money</td><td
nowrap> Total Shareholders Funds</td><td class=ColmElementWht
align='right'>91.64</td><td class=ColmElementWht
align='right'>453.18</td></tr><tr><td class=ColmElement nowrap>
Minority Interest</td><td class=ColmElementWht align='right'>0.01</td><td
class=ColmElement nowrap> <a href=''#'' onclick="javascript:return
linkpopup('SLOAN','MAN','4472','Secured Loans +','CBSC','con','r')"
class=newlink>Secured Loans +</a></td><td class=ColmElementWht
align='right'>138.19</td></tr><tr><td class=ColmElement nowrap> <a href=''#''
onclick="javascript:return linkpopup('TOTOLOAN','MAN','4472','Unsecured Loans
+','CBSC','con','r')" class=newlink>Unsecured Loans +</a></td><td
nowrap> Total Debt</td><td class=ColmElementWht
align='right'>138.19</td></tr><tr><td class=ColmElement nowrap>
Policy Holders Fund</td><td class=ColmElementWht align='right'>0.00</td><td
linkpopup('OTHERLIAB','MAN','4472','Other Liabilities+','CBSC','con','r')"
class=newlink>Other Liabilities+</a></td><td class=ColmElementWht
align='right'>4.74</td></tr><tr><td class=ColmElement nowrap> Total
Liabilities</td><td class=ColmElementWht align='right'>127.54</td><td
class=ColmElementWht align='right'>181.90</td><td class=ColmElementWht
align='right'>596.11</td></tr><tr><td class=ColmElement
nowrap> APPLICATION OF FUNDS :</td><td
CLASS=ColmElementWht> </td><td CLASS=ColmElementWht> </td></tr><tr><td
linkpopup('GBL','MAN','4472','Gross Block +','CBSC','con','r')"
class=newlink>Gross Block +</a></td><td class=ColmElementWht
align='right'>325.08</td></tr><tr><td class=ColmElement
linkpopup('ACCDEPN','MAN','4472','Less: Accumulated
Depreciation+','CBSC','con','r')" class=newlink>Less: Accumulated
Depreciation+</a></td><td class=ColmElementWht align='right'>27.86</td><td
align='right'>151.03</td><td class=ColmElementWht
align='right'>175.35</td></tr><tr><td class=ColmElement nowrap> Less:
Impairment of Assets</td><td class=ColmElementWht align='right'>0.00</td><td
linkpopup('GBL-ACCDEPN-IMPARBS','MAN','4472','Net Block+','CBSC','con','r')"
class=newlink>Net Block+</a></td><td class=ColmElementWht
align='right'>149.73</td></tr><tr><td class=ColmElement nowrap> Lease
Adjustment</td><td class=ColmElementWht align='right'>0.00</td><td
linkpopup('CWIP','MAN','4472','Capital Work in Progress+','CBSC','con','r')"
class=newlink>Capital Work in Progress+</a></td><td class=ColmElementWht
align='right'>37.20</td></tr><tr><td class=ColmElement nowrap>
Producing Properties</td><td class=ColmElementWht align='right'>0.00</td><td
linkpopup('INVEST','MAN','4472','Investments +','CBSC','con','r')"
class=newlink>Investments +</a></td><td class=ColmElementWht
align='right'>54.99</td></tr><tr><td class=ColmElement nowrap> Current
Assets, Loans & Advances</td><td CLASS=ColmElementWht> </td><td
href=''#'' onclick="javascript:return
linkpopup('INVTOTAL','MAN','4472','Inventories +','CBSC','con','r')"
class=newlink>Inventories +</a></td><td class=ColmElementWht
onclick="javascript:return linkpopup('SDB','MAN','4472','Sundry Debtors
+','CBSC','con','r')" class=newlink>Sundry Debtors +</a></td><td
linkpopup('CASH','MAN','4472','Cash and Bank+','CBSC','con','r')"
class=newlink>Cash and Bank+</a></td><td class=ColmElementWht
onclick="javascript:return linkpopup('LOANS-DTAXCA','MAN','4472','Loans and
Advances +','CBSC','con','r')" class=newlink>Loans and Advances +</a></td><td
nowrap> Total Current Assets</td><td class=ColmElementWht
align='right'>413.23</td></tr><tr><td class=ColmElement nowrap> Less :
Current Liabilities and Provisions</td><td CLASS=ColmElementWht> </td><td
href=''#'' onclick="javascript:return linkpopup('SDC-DTAXCL','MAN','4472','Current
Liabilities +','CBSC','con','r')" class=newlink>Current Liabilities +</a></td><td
linkpopup('OLIAB','MAN','4472','Provisions +','CBSC','con','r')"
class=newlink>Provisions +</a></td><td class=ColmElementWht
align='right'>1.50</td></tr><tr><td class=ColmElement nowrap> Total
Current Liabilities</td><td class=ColmElementWht align='right'>52.35</td><td
align='right'>51.48</td></tr><tr><td class=ColmElement nowrap> Net
Current Assets</td><td class=ColmElementWht align='right'>66.99</td><td
onclick="javascript:return linkpopup('MEXP','MAN','4472','Miscellaneous Expenses
not written off +','CBSC','con','r')" class=newlink>Miscellaneous Expenses not
written off +</a></td><td class=ColmElementWht align='right'>0.00</td><td
class=ColmElement nowrap> Deferred Tax Assets</td><td
nowrap> Deferred Tax Liability</td><td class=ColmElementWht
align='right'>13.65</td></tr><tr><td class=ColmElement nowrap> Net
Deferred Tax</td><td class=ColmElementWht align='right'>-5.81</td><td
class=ColmElementWht align='right'>-5.02</td><td class=ColmElementWht
align='right'>-5.90</td><td class=ColmElementWht align='right'>-5.55</td><td
align='right'>-5.59</td><td class=ColmElementWht align='right'>-8.33</td><td
align='right'>-10.77</td><td class=ColmElementWht align='right'>-
11.65</td></tr><tr><td class=ColmElement nowrap> <a href=''#''
onclick="javascript:return linkpopup('OTHERASSET','MAN','4472','Other
Assets+','CBSC','con','r')" class=newlink>Other Assets+</a></td><td
nowrap> Total Assets</td><td class=ColmElementWht
align='right'>596.10</td></tr><tr><td class=ColmElement nowrap> <a
href=''#'' onclick="javascript:return linkpopup('CONLIAB','MAN','4472','Contingent
Liabilities+','CBSC','con','r')" class=newlink>Contingent Liabilities+</a></td><td
class=ColmElementWht align='right'>153.83</td></tr></TABLE></td></tr></TABLE></td>
</tr>
</table></tr>
<tr><td align=left>http://www.capitaline.com</td></tr>
</table>

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<table border=0 cellpadding=2 cellspacing=1 align=center width=100%>

<tr><td colspan=10 align=center width=100%><b><font size='2'>Company : Astra

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