1996 INTECON (INDIA) LIMITED AUDITOR'S REPORT We have audited the attached Balance Sheet of M/s. Intecon (India) Limited as at 31st March 1996 and also the Profit and Loss Account of the company for the period ended on that date annexed thereto and we report that. 1. We have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purposes of our audit. 2. In our opinion, proper books of accounts Compiled on computer as required by law have been kept by the Company so far as appears from our examination of such books. 3. The Balance Sheet and Profit & Loss Account referred to in this report are in agreement with the books of account. 4. In our opinion and to best of the information and according to the explanations given to us, the said accounts subject to the Notes on Accounts, give the information required by the Companies Act, 1956 in the manner so required and give a true and fair view. (I) In so far as it relates to the Balance Sheet, of the state of affairs of the company as at 31st March, 1996 and (II) In so far as it relates to the Profit & Loss Account, the loss of the company for the period ended on that date. For GAMBHIR NANDA & ASSOCIATES CHARTERED ACCOUNTANTS (P. P. GAMBHIR) Partner Place : New Delhi Dated : 26th August, 1996.