The Prasar Bharati (Broadcasting Corporation of India), Annual Statement of Accounts of Corporation Rules, 2006
Published vide Notification No. G.S.R. 731(E), dated 1st December, 2006
Act2529
Ministry of Information and Broadcasting
G.S.R. 731(E). - In exercise of the powers conferred by sub-section (1) of section 21 read with clause (j) of sub-section (2) of section 32 of the Prasar Bharati (Broadcasting Corporation of India) Act, 1990 (25 of 1990), the Central Government hereby makes the following rules to provide the form in which the annual accounts is to be prepared by the Corporation and relating matters thereto, namely:- 1. Short title and commencement. - (1) These rules may be called the Prasar Bharati (Broadcasting Corporation of India), Annual Statement of Accounts of Corporation Rules, 2006. (2) They shall come into force on the date of their publication in the Official Gazette. 2. Definitions. - In these rules, unless the context otherwise requires:- (a) "Act" means the Prasar Bharati (Broadcasting Corporation of India) Act, 1990 (25 of 1990);
(b) "CAG/C&AG of India" means the Comptroller and Auditor General of India;
(c) "Corporation" means the Prasar Bharati (Broadcasting Corporation of India) established under Section 3 of the Act;
(d) "DDO" means the Drawing and Disbursing Officer of the Corporation;
(e) "PAO/P&AO" means the Pay and Accounts Officer of the Corporation;
(f) "Year" means the financial year.
The terms and words with their cognate expressions used in these rules and not defined but defined in the Prasar Bharati (Broadcasting Corporation of India) Act, 1990 (25 of 1990), the General Clauses Act, 1897 (10 of 1897) and the General Financial Rules, 2005 as amended from time to time, shall have their meanings respectively assigned to them in the said Acts or Rules. 3. Accounts of the Corporation. - (1) The annual statement of accounts of the Corporation for every financial year beginning with 2000-01 shall be prepared by the Member (Finance) or such other officer of the Corporation as may be authorized by the Chief Executive Officer, in this behalf. (2) The annual statement of accounts duly approved by Board of the Corporation shall be submitted by the Chief Executive Officer to the Central Government for laying it before the Parliament, as required under sub-section (4) of section 21 of the Act, within nine months from the expiry of the financial year to which it relates. (3) The Member (Finance) shall supervise the maintenance of the accounts of the Corporation, the compilation of financial statement and return and shall also ensure that all accounts, books, collected vouchers and other documents and papers of the Corporation required by the Audit Officer for the purpose of auditing the accounts of the Corporation are placed at the disposal of that officer. (4) The accounts of the Corporation shall be maintained in Form 'A'. (5) The annual statement of accounts shall be signed and authenticated by Chief Executive Officer and Member (Finance). (6) The annual statement of accounts shall be submitted to the Audit officer on or before the 30th of June following the year to which the accounts relate and the Audit Officer shall audit the accounts of the Corporation and report thereon. (7) The Corporation shall, within thirty days of receipt of Audit Report, remedy and defect or irregularity pointed out therein and report to the Central Government and the Audit officer about the action taken by it thereon.
Form-A
[See rule 3(4)]
Prasar Bharati (Broadcasting Corporation of India) Receipt & Payment Account for the month/year ended ..................... Name of D.D.O........................ Bank A/c No. Receipt ............. Expenditure ..............................
Bank Reconciliation Statement Attached/Not attached
(Amount - Rs)
|
Receipts |
Current Year |
Previous Year |
Payments |
Current Year |
Previous Year |
|
|
I. |
Opening Balances | I. Expenses | ||||
| (a) Cash in hand | (a) Establishment Exp. | |||||
| (b) Bank Balances | (Schedule 19) | |||||
| (i) In current A/c | ||||||
| Receipt A/c | (b) Administrative Exp. (Schedule 20) | |||||
| Expenditure A/c | ||||||
| (ii) in deposit A/c | (c) Programme related | |||||
| (for fixed deposit, if any) | (Schedule 21) | |||||
| (c) Imprest A/c | (d) Exp. on grants subsidies | |||||
| (i) Grants given to Institutions | ||||||
|
II. |
Grants Received | (ii) Subsidies given to Institutions | ||||
| (a) from Government of India | (iii) Grants received from other Min./ Dept. | |||||
| (i) Capital | ||||||
| (ii) Revenue PLAN NON PLAN | II. Inter current A/c transfer of funds | |||||
| (iii) Other Min./ Dept | To other station/ Kendra/ office | |||||
|
III. |
Inter current A/c transfer by PB(HQ) | III. Deposits made out of own funds (Investment others) | ||||
| (a) funds received from PB | ||||||
| (b) other station/ Kendra/ office | IV. Exp. On fixed assets and Capital Work-in-progress | |||||
|
IV. |
Interest received | (Schedule 8) | ||||
| (a) On bank deposits (FDR) | (a) Purchase of fixed assets | |||||
| (b) Loans and Advances, etc. | (b) Exp. on Capital work in progress | |||||
| (i) from employees | ||||||
| (ii) Others | (i) Major Works | |||||
| (ii) Misc. Works Scheme | ||||||
|
V. |
Other Income | |||||
| (a) Rent/ LF for AIR/ DD Qrs. | V. Refund of surplus money/ loans | |||||
| (b) LF for AIR/ DD Towers | (a) to Government of India | |||||
| (c) Profit on sale/ disposal of assets | (b) to Prasar Bharati H.Qrs. [PB.HQ] | |||||
| (i) Owned assets | VI. Finance charges (Interest) | |||||
| (a) On loans from Government | ||||||
| (ii) Assets acquired out of Government Grants | (b) Other loans | |||||
| (iii) Miscellaneous Income | (c) Others | |||||
| (For assets acquired prior to 1.4.2000 and other income) | ||||||
| VII. Other payments | ||||||
| (a) Refund of SD EM | ||||||
|
VI. |
Amount borrowed | (b) Exp. on Deposit work | ||||
| Capital loan from Government | (c) Advance to parties | |||||
| (d) Advances to staff | ||||||
| (i) HBA | ||||||
| (ii) Motor car | ||||||
| (iii) Computer advance | ||||||
| (iv) Scooter advance | ||||||
| (v) Others | ||||||
|
VII. |
Income from Sales | VIII. Exp. against receipt from Government Business | ||||
| (a) Commercial Receipts | (Min./ Dept-wise breakup to be given) | |||||
|
VIII. |
Income from Services | |||||
| IX. Closing Balances | ||||||
|
IX. |
Other Receipts | (s) Cash in hand | ||||
| (a) Security Deposit/ Earnest Money | (b) Bank Balances | |||||
| (b) Deposit work | (i) In current A/c | |||||
| (c) Others | Receipt A/c | |||||
| Expenditure A/c | ||||||
|
X. |
Receipt from Government business | (ii) in deposit A/c | ||||
| Give Min./ Dept wise details | (FDR, if any) | |||||
| (c) Imprest A/c | ||||||
| Total | Total |
|
Chief Executive Officer |
Member (Finance) |
General manager (Budget and Accounts) |
Form-A
[See Rule 3(4)]
Prasar Bharati (Broadcasting Corporation of India) Income and Expenditure Account for the year ended................
|
(Amount – Rs.) |
|||
|
Schedule No. |
Current Year |
Previous Year |
|
| INCOME | |||
| Income from Sales/ Services |
12 |
||
| Grants/ subsidies |
13 |
||
| Fees/ subscriptions |
14 |
||
| Income from Investments (income on investments from earmarked/ endow Funds transferred to Funds) |
15 |
||
| Income from Royalty, Publications etc |
16 |
||
| Interest Earned |
17 |
||
| Other Income |
18 |
||
| TOTAL (A) | |||
| EXPENDITURE | |||
| Establishment Expenses |
19 |
||
| Other Administrative Expenses |
20 |
||
| Programme related Expenses |
21 |
||
| Expenditure on Grants & Subsidy |
22 |
||
| Interest |
23 |
||
| Depreciation | |||
| TOTAL (B) | |||
| Balance being Excess of Expenditure over Income (Deficit) (A-B) | |||
| Less: Prior Period Adjustments |
24 |
||
| BALANCE BEING DEFICIT CARRIED TO BALANCE SHEET | _______________________________ | ||
| SIGNIFICANT ACCOUNTING POLICIES |
25 |
||
| CONTINGENT LIABLITIES AND NOTES ON ACCOUNTS |
26 |
||
|
Chief Executive Officer |
Member (Finance) |
General Manager (Budget & Accounts) |
Form-A
[See Rule 3(4)]
Prasar Bharati (Broadcasting Corporation of India) Balance Sheet as on............
|
(Amount – Rs.) |
|||
|
Schedule No. |
Current Year |
Previous Year |
|
| CORPUS/CAPITAL FUND AND LIABILITIES | |||
| Corpus/capital Fund |
1 |
||
| Reserves and Surplus |
2 |
||
| Earmarked/Endowment Funds |
3 |
||
| Secured Loan |
4 |
||
| Unsecured Loan |
5 |
||
| Deferred Credit Liabilities |
6 |
||
| Current Liabilities and Provisions |
7 |
||
| TOTAL | |||
| ASSETS | |||
| Fixed Assets |
8 |
||
| Capital Work-in progress |
8 |
||
| Investments (i) Earmarked/ Endowment Funds |
9 |
||
|
(ii) Others |
10 |
||
| Current Assets, Loans and Advances |
11 |
||
| Miscellaneous Expenditure | |||
| Deficit as per Income and Expenditure Account | |||
| TOTAL | |||
| SIGNIFICANT ACCOUNTING POLICES |
25 |
||
| CONTINGENT LIABILITIES AND NOTES ON ACCOUNTS |
26 |
|
Chief Executive Officer |
Member (Finance) |
General Manager (Budget & Accounts) |
Form-A
[See Rule 3(4)]
Prasar Bharati (Broadcasting Corporation of India) Schedules Forming Part of Balance Sheet as on................
|
(Amounts Rs.) |
||
| SCHEDULE 1- CORPUS/CAPITAL FUND: |
Current Year |
Previous Year |
| Balance as at the beginning of the year | ||
| Add; Contributions towards corpus/Capital Fund | ||
| Add/(Deduct): - Balance of net income (expenditure) transferred from the Income and Expenditure Accounted Balance as at the year end. | ||
| SCHEDULE 2-RESERVES AND SURPLUS |
Current Year |
Previous Year |
| 1. Capital Reserve: | ||
| As per last account | ||
| Additions during the year | ||
| Less:- Deductions during the year |
______________ ______________ |
|
| 2.General Reserve | ||
| As per last account | ||
| Addition during the year | ||
| Less: Deductions during the year |
______________ ______________ |
|
| SCHEDULE 3- EARMARKED/ ENDOWMENT FUNDS |
Current Year |
Previous Year |
| a) Opening Balance of the funds | ||
| b) Additions to the Funds: | ||
| Total (a) + (b) | ||
| c) Utilisation /Expenditure towards objectives of Funds | ||
| i) Capital Expenditures | ||
| Fixed Assets | ||
| Others | ||
| ii) Revenue Expenditure | ||
| Salaries etc. | ||
| Rent | ||
| Other Administrative Expenses | ||
| Total C | ||
| Net Balance as at the year and (a+b+c) |
______________ ______________ |
|
| SCHEDULE 4- SECURED LOANS AND BORROWINGS: |
Current Year |
Previous Year |
| 1. Central Government | ||
| 2. State Government | ||
| 3. Financial Institution | ||
| 4. Debentures & Bonds | ||
| 5. Others | ||
Form-A
[See Rule 3(4)]
Prasar Bharati (Broadcasting Corporation of India) Schedules Forming Part of Balance Sheet as on.............
|
(Amount Rs.) |
||
| SCHEDULE 5- UNSECURED LOANS |
Current Year |
Previous Year |
| 1. Loan in Perpetuity | ||
| 2. Capital Loan from Ministry of Information & Broadcasting | ||
| 3. Financial Institution | ||
| 4. Banks | ||
| 5. Debentures and Bonds | ||
| 6. Others | ||
| SCHEDULE 6- DEFERRED CREDIT LIABILITIES: |
Current Year |
Previous Year |
| SCHEDULE 7- CURRENT LIABILITIES AND PROVISIONS |
Current Year |
Previous Year |
| A. Current Liabilities | ||
| Advances received-against deposit work | ||
| Deposits, earnest money, caution money/security deposits | ||
| Other current liabilities -recoveries from salary and wages etc. | ||
| Income tax/Sales tax deducted at source | ||
| Sundry Creditors-others Remittances to/from HQ/DDOs in transit/reconciliation | ||
| Total A | ||
| B. Provisions: | ||
| 1. Taxation | ||
| 2. Gratuity | ||
| 3. Superannuation/ Pension | ||
| 4. Accumulated Leave encashment | ||
| 5. Others. | ||
| Total B | ||
| Total A+B | ||
Form-A
[See Rule 3(4)]
Prasar Bharati (Broadcasting Corporation of India) Schedules Forming Part of Balance Sheet as on....................
| SCHEDULE 8- FIXED ASSETS | ||||||||
| DESCRIPTION | GROSS BLOCK | Depreciation | Net Block | |||||
| Cost as on | Additions/ Transfers from civil wings during the year | Deductions/ transfers/ disposal reclassfication during the year | Cost at the year end | For the year | Cumulative upto the year | As on 31stMarch current year | As at 31stMarch previous year | |
| A. Fixed Assets | ||||||||
| 1. Land | ||||||||
| 2. Buildings | ||||||||
| Others | ||||||||
| 3. Plant, Machinery and Equipment | ||||||||
| a) Studios | ||||||||
| b) Transmitters | ||||||||
| c) Others | ||||||||
| d) Electrical Installations | ||||||||
| 4. vehicles | ||||||||
| 5. Furniture, Fixtures | ||||||||
| 6. Office Equipments | ||||||||
| 7. Computers | ||||||||
| 8. Other fixed assets Capital Expenditure on various schemes | ||||||||
| Total of Current Year (A) | ||||||||
| B CAPITAL WORK-IN-PROGRESS | ||||||||
| Total (B) | ||||||||
| TOTAL | ||||||||
| Previous Year |
Form-A
[See Rule 3(4)]
Prasar Bharati (Broadcasting Corporation of India) Schedules Forming Part of Balance Sheet as on........
|
(Amount Rs.) |
||
| SCHEDULE 9-INVESTMENTS FROM EARMARKED/ENDOWMENT FUNDS |
Current Year |
Previous year |
| 1. In Government Securities | ||
| 2. Other approved securities | ||
| 3. Others | ||
| Total |
______________ ______________ |
|
| SCHEDULE 10- INVESTMENTS-OTHER |
Current Year |
Previous Year |
| 1. In Government Securities | ||
| 2. Other approved securities | ||
| 3. Others | ||
| Total |
______________ ______________ |
|
Form-A
[See Rule 3(4)]
Prasar Bharati (BroadCasting Corporation of India) Schedules Forming Part of Balance Sheet as on...........
|
(Amount Rs.) |
||
| SCHEDULE 11-CURRENT ASSETS, LOANS AND ADVANCES |
Current Year |
Previous Year |
| A Current Assets | ||
| Inventories | ||
| a) Stores & Spares | ||
| b) METP (Machinery Equipment Tools and Plants) | ||
| c) Others | ||
| Sundry Debtors. | ||
| Cash Balance in hand/imprest | ||
| Bank Balances | ||
| a) With Scheduled Banks | ||
| on current accounts | ||
| on Collection accounts | ||
| on Deposit account with Canara Bank and other EDRS (includes margin money) with various offices | ||
| b) Remittances to/ from HQ/ DDOs in transit/ reconciliations | ||
| Total (A) (Refer Schedule 26, Notes to Accounts) |
______________ ______________ |
|
| B. Loans/advances | ||
| 1. Loans/advances | ||
| Staff | ||
| Others-departmental | ||
| Suspense account | ||
| 2. Advances and other amounts recoverable in cash or in kind or for value. | ||
| to be received on capital account | ||
| Prepayment | ||
| Others | ||
| 3. Interest Accrued: | ||
| On investments from Earmarked/endowment funds | ||
| On investments Others | ||
| Others | ||
| 4. Claims Received | ||
| Total (B) | ||
| Total (A)+(B) | ||
Form-A
[See Rule 3(4)]
Prasar Bharati (Broadcasting Corporation of India) Schedules Forming Part of Balance Sheet as on...........
|
(Amount Rs.) |
||
| SCHEDULE 12 - INCOME FROM SALES/SERVICES |
Current Year |
Previous year |
| Income from sale | ||
| a) AIR & Doordarshan Commercial revenue | ||
| b) Sale of CDs/VCDs | ||
| c) Sale of Raw Material | ||
| d) Sale of Scrap | ||
| Income from Service. | ||
| a) Professional/Consultancy Service | ||
| b) Processing Charges | ||
| c) Others-specify | ||
| Total | ||
| SCHEDULE 13- GRANTS/SUBSIDIES |
Current Year |
Previous Year |
| 1) Central Government | ||
| 2) Sate Government | ||
| Total | ||
| SCHEDULE 14-FEES/SUBSCRIPTIONS |
Current Year |
Previous Year |
| a) Professional/Consultancy Service fee | ||
| b) Others | ||
| Total | ||
| SCHEDULE 15-INCOME FROM INVESTMENTS |
Current Year |
Previous Year |
| Interest on Fixed Deposits | ||
| SCHEDULE 16-INCOME FROM ROYALTY ,PUBLICATIONS ETC |
Current Year |
Previous Year |
| 1) Income from Royalty | ||
| 2) Income from Publication | ||
| 3) Others | ||
| SCHEDULE 17 INTEREST EARNED |
Current Year |
Previous Year |
| On Term Deposits with Scheduled Banks | ||
| 1) On Term Deposits with Scheduled Banks | ||
| 2) On loans | ||
| a) Employees/Staff | ||
| b) Others | ||
| 3) Interest on Debtors and other Receivables | ||
| SCHEDULE 18-OTHER INCOME |
Current Year |
Previous Year |
| Other Receipts including Fees from Towers | ||
| Profit on Sales/disposal of assets | ||
| a) Owned Assets | ||
| b) Assets acquired out of grants or received free of cost | ||
| c) Assents acquired prior to 1.4.2000 | ||
| d) Misc Income | ||
| Total | ||
Form-A
[See Rule 3(4)]
Prasar Bharti (Broadcasting Corporation of India) Schedules Forming Part of Balance Sheet as on..............
| SCHEDULE 19- ESTABLISHMENT EXPENSES | ||||
|
(Amount Rs.) |
||||
|
Plan |
Non-Plan |
|||
|
Current year |
Previous year |
Current year |
Previous year |
|
| Establishment Expenditure | ||||
| a) Salaries & Wages (include, Honorarium/LTC | ||||
| i) Medical reimbursement | ||||
| b) Allowance & Bonus including OTA/CEA | ||||
| c) Contribution to PF (if any) | ||||
| d) Contribution to other fund (if any) | ||||
| e) Staff welfare Expenditure | ||||
| f) Expenses on employees retirement and Technical Benefits | ||||
| g) Leave Salary and Pension Contribution | ||||
| h) Others | ||||
| SCHEDULE 20-OTHER ADMINISTRATIVE EXPENDITURE | ||||
| a) Purchase stock | ||||
| b) Labour Charges | ||||
| c) Domestic Travel Expenditure | ||||
| d) Foreign Travel | ||||
| e) Rent, Rates, Taxes | ||||
| f) Advertising and Publicity | ||||
| g) Professional-Charges | ||||
| h) Scholarship and Stipend | ||||
| i) Supplies and Material | ||||
| j) Vehicle Repairs and Maintenance | ||||
| k) Electricity Power and Maintenance | ||||
| l) Water Charges, Maintenance and its installation | ||||
| m) Postage | ||||
| n) Telephone and Communication Charges | ||||
| (a) Landline (b) Mobile | ||||
| o) Hospitality Expenditure | ||||
| p) Insurance on Plant and Machinery | ||||
| q) Insurance on Land Building | ||||
| r) Auditor's Remuneration | ||||
| s) Printing and Stationery | ||||
| t) Irrecoverable Balance-written off | ||||
| u) Provision for Bad and Doubtful Debts/Advances | ||||
| v) Local Conveyance | ||||
| w) Minor Works | ||||
| x) Machinery Equipment Tools and Plants | ||||
| y) Consumables | ||||
| z) Packing Charges | ||||
| aa) Others. | ||||
Form-A
[See Rule 3(4)]
Prasar Bharati (Broadcasting Corporation of India) Schedules Forming Part of Balance Sheet as on...........
|
(Amount Rs.) |
||
| SCHEDULE 21-PROGRAMME RELATED EXPENSES |
Current year |
Previous Year |
| Royalty | ||
| Payment to UNI/PTI | ||
| Commissioning of Programme Software expenses | ||
| Pan Am Satellite expenses | ||
| Sport Events Expenses | ||
| Payment of Artists | ||
| Other Programme expenses | ||
| Total | ||
|
(Refer Schedule 26, Notes to Accounts) |
||
| SCHEDULE 22- EXPENDITURE ON GRANTS, SUBSIDIES |
Current Year |
Previous Year |
| Expenditure on Grants |
______________ ______________ |
|
| SCHEDULE 23- INTEREST |
Current Year |
Previous Year |
| Interest on Loan - Central Government | ||
| Interest on Loan in Perpetuity | ||
| Others | ||
| Total interest |
______________ ______________ |
|
| (Refer Schedule 26, Notes to Accounts) | ||
| SCHEDULE 24-PRIOR PERIOD ADJUSTMENTS |
Current Year |
Previous Year |
| (Refer Schedule 26, Notes to Accounts) | ||
Form A
[See Rule 3(4)]
Prasar Bharati (Broadcasting Corporation of India) Schedules Forming Part of Balance Sheet as on..........
Schedule 25- Significant Accounting Policies1. Method of accounting
- The Corporation is to prepare its financial statements on accrual system of accounting. On this basis revenue and the related assets are recognized when earned and expenses are recognized when the obligation is incurred.
2. Inventory Valuation
- Stores and Spares (including machinery spares) are valued at cost.Fixed assets are carried at cost less depreciation. Cost includes allocated establishment expenses.
3. Fixed Assets
- Fixed assets are stated at transfer amount in respect of assets transferred to Prasar Bharati and the corresponding credit is to "Loan in Perpetuity".In respect of capital expenditure incurred on different schemes undertaken by AIR or DD all related & associated expenses are capitalized.Transfer of Assets by the Central Government are subject to actual valuation and verifications.
4. Method of depreciation
a) Depreciation is provided on Straight line method as per rates specified in the Income Tax Act, 1961 except depreciation on cost adjustment arising on account of foreign currency liabilities for acquisition of fixed assets, which is amortized over that residual life of the respective assets
b) In respect of additions to/deductions from fixed assets during the year, depreciation is considered on Pro-rata basis.
5. Foreign Currency Transactions
- Transaction in foreign currencies are accounted for at the prevailing exchange rates at the date of transactions.
Form-A
[See Rule 3(4)]
Prasar Bharati (Broadcasting Corporation of India) Schedules Forming Part of Balance Sheet as on.........
Schedule 26- Notes on Accounts and Contingent LiabilitiesNotes on Accounts1. Prasar Bharati Broadcasting Corporation of India is established as general public utility institution and fall under the category of "Not-for-Profit Organization" Accordingly, based on Generally accepted accounting practices, and Section 145 of the Income Tax Act, it can follow either cash or mercantile systems of accounting.Considering the organization structure and prevalent past practices. The Income and Expenditure account and the Balance Sheet therefore, is based on mercantile system of accountingAccordingly, the Accounting Policy 1. meets the disclosure requirement as far as method of preparation of financial statements are concerned.2. Contingent Liabilities2.1 Claims against the Entity not acknowledged as debts is taken as contingent - liability3. The accounts of the Corporation for the period 2000-01 to 2004-05 being prepared on cash basis on exception to the accounting method mentioned in Schedule 25.
|
Chief Executive Officer |
Member (Finance) |
General Manager (Budget & Accounts) |