Audit Reports

Commercial

Overview

As on 31 March 2011, there were 466 Central Government Public Sector Enterprises (CPSEs) under the audit jurisdiction of the Comptroller and Auditor General of India. These included 329 government companies, 131 deemed government companies and six statutory corporations. This Report deals with 406 CPSEs comprising 292 government companies, six statutory corporations and 108 deemed government companies. Sixty companies are not covered in this report. Out of this, accounts of eight CPSEs were in arrears for three years or more, four CPSEs had not submitted their first accounts, thirty six CPSEs were defunct/under liquidation and accounts of twelve CPSEs were not due.

The accounts of 298 government companies and corporations indicated that the Government of India had invested RS 188321 crore directly in the equity capital of government companies and corporations. Loans amounting to RS 60886 crore had also been received by the CPSEs directly from the Government of India as on 31 March 2011. Compared to the previous year, investment by the Government of India in equity of CPSEs registered a net increase of RS 15347 crore and loans given to them increased by RS 3315 crore. The GOI realised RS 22763 crores on disinvestment of its shares (face value RS 1544 crores) in 6 CPSEs.

The market value of shares of 40 listed government companies, which were traded as per prices prevailing in stock markets on 31 March 2011 stood at RS 1500921 crore. Market value of shares held by the Government of India stood at RS 1216915 crore as on 31 March 2011.

Download Audit Report

• Compliance Audit on General Purpose Financial Reports of Central Public Sector Enterprises of Union Government
  _{(72.53 MB) Download}

• Index
  _{(0.46 MB) Download}
• Preface
  _{(0.51 MB) Download}
• Executive Summary
  _{(2.30 MB) Download}
• Chapter 1 - Financial performance of Central Public Sector Enterprises
  _{(5.64 MB) Download}
• Chapter 2 - Oversight role of CAG
  _{(14.26 MB) Download}
• Chapter 3 - Corporate Governance
  _{(6.47 MB) Download}
• Chapter 4 - Convergence of Indian Accounting Standards with IFRS
  _{(1.90 MB) Download}
• Chapter 5 - Compliance with DPE Guidelines
  _{(1.87 MB) Download}
• Chapter 6 - Corporate Social Responsibility
  _{(1.28 MB) Download}
• Appendices
  _{(45.34 MB) Download}