MENU
About Us
About Us
Our Mandate
Disclosure
Our Offices
State Level Offices
Central Audit Offices
Training Institutes
Audit Reports
Accounts
Resources
Contact Us
Working with Us
Contact Us
Media Centre
Others
CoRE
Employee Corner
Grievances
International Relations

Audit Reports

Audit Reports

Go Back
Compliance
Commercial

Report No. 2 of 2015 - Compliance Audit on General Purpose Financial Reports of Central Public Sector Enterprises of Union Government, Commercial

Date on which Report Tabled:
Tue 05 May, 2015
Date of sending the report to Government
Government Type
Union
Union Department
Commercial
Sector Finance

Overview

As on 31 March 2014, there were 544 Central Government Public Sector Enterprises (CPSEs) under the audit jurisdiction of the Comptroller and Auditor General of India. These included 377 government companies, 161 deemed government companies and six statutory corporations. This Report deals with 353 government companies and corporations (including six statutory corporations) and 144 deemed government companies. Forty seven companies (including 17 deemed government companies) whose accounts were in arrears for three years or more or were defunct/under liquidation are not included in the report.

The accounts of 353 government companies and corporations indicated that the Government of India had an investment of RS 2,45,191 crore in share capital and had loans outstanding amounting to RS 54,907 crore as on 31 March 2014. Compared to the previous year, investment by the Government of India (GOI) in equity of CPSEs registered a net increase of RS 13,902 crore and loans given to them increased by RS 4,091 crore. The GOI realised RS 15,819 crore on disinvestment of its shares in 11 CPSEs and newly formed CPSE-ETF scheme.

The market value of shares of 46 listed government companies, which were traded as per prices prevailing in stock markets on 31 March 2014 stood at RS 11,06,657 crore. Market value of shares held by the Government of India stood at RS 7, 97,348 crore as on 31 March 2014. The total profit earned by 202 government companies and corporations was RS 1,53,907 crore of which, 65 per cent (RS 1,00,369 crore) was contributed by 41 government companies and corporations under three sectors viz., Petroleum, Coal & Lignite and Power.

Download Audit Report