Lok Sabha Question No. 4352 (UNSTARRED), answered on 2024-12-20
Subject: Revenue / Financial Information of Port Authority
Ministry: PORTS, SHIPPING AND WATERWAYS
Asked by: Shri Captain Viriato Fernandes

## GOVERNMENT OF INDIA MINISTRY OF PORTS, SHIPPING AND WATERWAYS

## LOK SABHA UNSTARRED QUESTION NO. 4352

ANSWERED ON 20.12.2024

## REVENUE/FINANCIAL INFORMATION OF PORT AUTHORITY

4352.  SHRI CAPTAIN VIRIATO FERNANDES:

Will the Minister of PORTS, SHIPPING AND WATERWAYS be pleased to state:

## पȅन , पोत पįरवहन और जलमागŊ मंũी

- (a)  whether  the  Government  has  the  balance  sheet  and  Profit  and  Loss  account  of Mormugao Port Authority for the last ten years, if so, the details thereof, year-wise;
- (b) the status of the financial health of the Mormugao port Authority;
- (c) the details of the receivables from the tenants and berth occupiers of the Mormugao Port Authority;
- (d) whether there has been any revision or waiver of fees/lease amount at Mormugao port Authority, if so, the details thereof; and
- (e) the percentage of overall port capacity across the country handled by the Adani Group?

## ANSWER

## MINISTER OF PORTS, SHIPPING AND WATERWAYS (SHRI SARBANANDA SONOWAL)

- (a)          Yes,  the  details  of  balance  sheet  and  profit  and  loss  account  of  last  10  years  of Mormugao Port Authority (MgPA) are at Annexure I & II. (b)   to    (c) MgPA incurring losses in last three years. As of March 31, 2024, the receivable from tenants and berth occupiers at MgPA is Rs. 1,173,524,453.00. (d)        Yes,  the  last  revision  of  Estate  Rentals  was  implemented  w.e.f.  17.06.2022. Additionally, waivers/concessions are given on a case-to-case basis to attract new cargo and retain existing cargo. (e)      The overall cargo handling capacity of Non-Major Ports in the country is approximately
- 39%, including the ports operated by the Adani Group.

## Details of Balance Sheet of Mormugao Port Authority

(Rs. in Cr.)

|                          | Financial Year   | Financial Year   | Financial Year   | Financial Year   | Financial Year   | Financial Year   | Financial Year   | Financial Year   | Financial Year   | Financial Year   |
|--------------------------|------------------|------------------|------------------|------------------|------------------|------------------|------------------|------------------|------------------|------------------|
| PARTICULARS              | 2014- 15         | 2015- 16         | 2016- 17         | 2017- 18         | 2018- 19         | 2019- 20         | 2020- 21         | 2021-22          | 2022- 23         | 2023- 24         |
| I. SOURCES OF FUNDS      |                  |                  |                  |                  |                  |                  |                  |                  |                  |                  |
| CAPITAL RESERVES         | 563.16           | 561.59           | 575.09           | 675.55           | 719.73           | 775.49           | 774.45           | 768.70           | 772.69           | 830.80           |
| REVENUE RESERVES         | 34.32            | 57.05            | 70.73            | 73.30            | 80.29            | 76.11            | 79.04            | 86.26            | 86.87            | 84.20            |
| STATUTORY RESERVES       | 0.00             | 0.00             | 0.00             | 0.00             | 0.00             | 0.00             | 0.00             | 0.00             | 0.00             | 0.00             |
| LOAN FUNDS               | 15.00            | 88.50            | 87.00            | 30.00            | 25.00            | 20.00            | 15.00            | 10.00            | 0.00             | 0.00             |
| SOURCES OF FUNDS         | 612.48           | 707.14           | 732.82           | 778.85           | 825.02           | 871.60           | 868.49           | 864.96           | 859.56           | 915.00           |
| II. APPLICATION OF FUNDS |                  |                  |                  |                  |                  |                  |                  |                  |                  |                  |
| FIXED / CAPITAL ASSETS   | 554.06           | 608.44           | 570.76           | 545.83           | 539.41           | 538.30           | 523.30           | 497.13           | 478.45           | 486.61           |
| INVESTMENTS              | 23.25            | 28.16            | 88.15            | 125.85           | 166.13           | 172.83           | 173.14           | 174.30           | 178.29           | 243.41           |
| DEFERRED TAX ASSET       | 36.10            | 278.16           | 268.72           | 302.17           | 328.99           | 383.82           | 486.96           | 486.96           | 504.65           | 506.02           |
| CURRENT ASSETS           | 240.92           | 283.91           | 302.41           | 251.42           | 262.23           | 308.30           | 338.94           | 317.60           | 342.26           | 375.30           |
| (-) CURRENT              | -                | -                | -                | -                | -                | -                | -                | -                | -                | -                |
| LIABILITIES              | 327.36           | 1119.6 1         | 1148.5 2         | 1009.6 3         | 1106.9 8         | 1367.7 5         | 1546.0 8         | 1549.14          | 1572.3 2         | 1623.0 3         |

## Annexure I

| BALANCE OF PROFIT & LOSS A/C   |   85.51 |   625.08 |   651.30 |   563.21 |   635.24 |   836.10 |   892.23 |   938.11 |   928.23 |   926.69 |
|--------------------------------|---------|----------|----------|----------|----------|----------|----------|----------|----------|----------|
| APPLICATION OF FUNDS           |  612.48 |   707.14 |   732.82 |   778.85 |   825.02 |    871.6 |   868.49 |   864.96 |   859.56 |      915 |

## Details of Profit & Loss Account of Mormugao Port Authority

Annexure II

(Rs. in Cr.)

|                            | Financial Year   | Financial Year   | Financial Year   | Financial Year   | Financial Year   | Financial Year   | Financial Year   | Financial Year   | Financial Year   | Financial Year   |
|----------------------------|------------------|------------------|------------------|------------------|------------------|------------------|------------------|------------------|------------------|------------------|
| PARTICULARS                | 2014- 15         | 2015- 16         | 2016- 17         | 2017- 18         | 2018- 19         | 2019- 20         | 2020- 21         | 2021- 22         | 2022- 23         | 2023- 24         |
| OPERATING INCOME           | 286.75           | 342.85           | 443.59           | 425.67           | 382.68           | 431.17           | 446.67           | 433.39           | 467.83           | 566.52           |
| OPERATING EXPENDITURE      | 246.95           | 239.23           | 267.98           | 273.84           | 259.73           | 246.32           | 251.31           | 258.84           | 283.64           | 300.62           |
| OPERATING SURPLUS          | 39.80            | 103.62           | 175.61           | 151.83           | 122.95           | 184.85           | 195.36           | 174.19           | 184.19           | 265.90           |
| FINANCE & MISC INCOME      | 11.83            | 11.23            | 25.83            | 26.61            | 20.01            | 22.54            | 29.03            | 24.27            | 18.16            | 19.35            |
| FINANCE & MISC EXPENDITURE | 85.36            | 109.16           | 142.32           | 176.24           | 151.01           | 214.86           | 222.27           | 244.69           | 212.76           | 299.08           |
| NET PROFIT / (LOSS)        | -33.73           | 5.69             | 59.12            | 2.20             | -8.05            | -7.47            | 2.12             | -45.87           | -10.41           | -13.83           |

*****