Secretariat at : MESCODiagnosticCenter
#22-1-1037/1, Darulshifa, Hyderabad 500 024.
Tel # +91-40-24411907, 24576890, 24501510, 24501616.
Tele Fax # +91-40-24411484
E-mail: , Website:
Annual General Body Meeting
Dated 30.01.2011
Presentation of Financial Highlights
F/Y 2005-06 to 2009-10
MESCO
Annual General Body Meeting
Financial Highlights year 2005-06 to 2009-10
Contents
1.Report – Financial Highlights for the year 2005-06 to 2009-10
2.Financial Highlights for the year 2005-06 to 2009-10
3.Statement showing Addition to Fixed Assets during the
F/Y 2005-06 to 2009-10.
4.Statement showing project wise Income, Revenue & Capital Expenses, year wise for F/Y 2005-06 to 2009-10.
5.Financial Highlights of Project (Each Project separately)
For F/Y 2005-06 to 2009-10.
6.Presentation of reports through pie & bar charts
6.1Bar chart showing Income through various sources during the
F/Y 2005-06 to 2009-10.
6.2Bar chart showing Expenses incurred on various heads during the
F/Y 2005-06 to 2009-10.
6.3 Bar chart showing addition to fixed assets during the
F/Y 2005-06 to 2009-10.
6.4 Linear graph showing Income, Expenses, Surplus & Capital Expenses during the year 2005-06 to 2009-10
MESCO
Report on Financial Highlights
F/Y 2005-06 to 2009-10
1.Income
There is a substantial growth of 94% in the income of the Organisation for F/Y 2009-10 compared to F/Y 2005-06. The major share in the income contributed by MESCODiagnosticCenter followed by MESCO Educational Institutions at 127% & 80% more than the income during five years period since F/Y 2005-06.
The amount of contribution in the total income for F/Y 2009-10 by various activities/projects are in the following percentage.
MESCO Diagnostic Center27%
Educational Institutions 57%
Hostels 3%
Donation, Zakat,Voluntary Cont. 13%
& Bank Interest etc
2.Expenses
The expenses increased by 79% compared to F/Y 2005-06. The rise in payroll expenses being 66% due to addition in the number of employees & annual pay increments compared to the year 2005-06. The administration exp also rose by 65%. The Aid & Scholarships 373% more than the year 2005-06. Medicine & Consumables & Professional charges show an increase of 185% & 195% respectively compared to F/Y 2005-06, this is due to the increased activity at MESCO Diagnostic Center & MESCO College of Pharmacy.
The total expenses incurred during F/Y 2009-10 in the ratio of total Income as follows:-
% of the Payroll cost to the total income 33%
% of the Admin Cost to the total income23%
% of the Aid & Scholarships to the total income14%
% of the Rent & Taxes to the total income 2%
% of the Medicine & Consumables to the total income 6%
% of the Professional Fee to the total income 1%
(Professional fee include payments for consultancy services,
Legal & Audit fee & expenses)
% of the Depreciation to the total income 9%
The Project wise budget Vs Actuals for F/Y 2005-06 to 2009-10 is hereby presented.
3.The excess of income over expense being 13% of the total income which is 343% more than the Income during five years since F/Y 2005-06.
4.Addition of Fixed Assets
The addition to fixed assets during the year 2009-10 being 129% more than the Assets purchased during F/Y 2005-06.
The category wise addition to fixed assets during the F/Y 2005-06 to 2009-10 hereby presented.
The Income & expense during the five year 2005-06 to 2009-10 have been in line with the budget estimates. The actual income, expense, Surplus, & Capital expenses for F/Y 2009-10 compared to budget as follows:-
.Income Expenses Surplus Capital Expenses
Budget 09-1087,263,195.00 65,482,130.00 21,781,065.00 27,920,000.00
Actuals 09-10 81,190,512.00 63,405,946.00 17,784,566.00 14,417,463.00