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The Board recognize income and expenditure on an accrual basis, except in case of significant uncertainties.

2. What is method for the preparation of the financial statement of Board?

Financial statement of board is prepared on historical cost basis.

3. What is method for calculation of depreciation?

Depreciation is calculated on Straight Line Method on Civil, Mechanical and other assets.

4. What is the year up to which Annual Accounts of the Board has been finalized?

Annual accounts up to financial year 2013-14 has been finalized.

5. What is main head of Income of GMB?

Following are the major receipt of Nature.
  • Port Infrastructure Facilities
    • Mooring Fees
    • Berth Hire Charges
  • Marine Services
    • Anchorage Fees
    • Pilotage Fees
    • Port Dues Steamers & Sailing Vessels
  • Storage Area & Land Rental
    • Godowns / Warehouse Rent
    • Land Lease Rental
    • Open Space
    • Platform Rent
    • Plot Rent
  • Equipment & Harbour Rental
    • Tug & Launch Services
    • Tug & Launch Services - Ship Breaking
  • Ship Recycling Yard
    • Plot / Land Development Fees
    • Recycling Charges
    • Plot Rent - (SRY)
  • Income from Other Services
    • Supervision Charges
    • Vehicle Entry Fees
    • VTS Fee
  • Financial Services
    • Interest on Bonds & Debentures
    • Interest on ICD

6. What is main expenditure head of GMB?

Mainly following are the expenditure head.
  • Payment to and Provision for Employees
  • Administrative and Other Charges
  • Repairs & Maintenance
  • Port Operational Charges (Including ISPS Compliance)
  • Seminar & Workshop

7. Which are the main head of State Income and revenue of GoG for last three year?

The Main head of state Income are as under,
  • Landing Fees
  • Shipping Fees
  • Water Front Royalty
  • Water Front Fees
  • Lighterage Levy Charges
  • License Fees
Revenue of GoG for Last 3 years

YearGOG Revenue (Rs. In Crores)
2011-12453.49
2012-13577.63
2013-14636.84

8. What are the depreciation rates of Civil & Mechanical Assets?

Mechanical AssetsDepreciation Rate (%)
Fire Equipment10
Dredgers6
Launches3.5
Tugs6
Cranes2.5
Mechanical Equipment7.5
Vehicles10
CivilDepreciation Rate (%)
Office Buildings2
Navigational Equipment & Aids2.5
Godowns2
Roads & Rails3
Water Supply Facilities6

9. Name the organisations with whom, Gujarat Maritime Board is a Strategic Equity partner.

Following are the details of equity investment done by GMB.
Sr. No.Name of Organization
1GPIDCL Gandhinagar
2GCPTCL Baroda
3Dahej Bharuch Rail Ltd-Equity
4Alcock Ashdown Bhavnagar

10. Which are the major head of Capital works?

Following are the major head of Capital works.
Sr. NoActivity Head
AEnhancement in Cargo Handling Capacity
BImprovement in Port Operational Efficiency
CImprovement of Asset Utilization
DEnvironment Friendly, Safe & Secured Cargo Handling
EImprovement in Administrative Efficiency
FImprovement of connectivity to port
GOther Port related initiatives
HAddition of port & ship capacity through development of green field ports
IOther Capital Works
J (a)Deposit, Contribution & Sponsor Work (DCS)
J (b)Deposit, Contribution & Sponsor Work (DCS)
(i)Development of Ro – Ro Ferry Service
(ii)Up gradation of Alang Ship Recycling Yard

11. Which are the major capital works funding by GoG?

  • Alang- Modernization of Ship Breaking Yard- Japan International Co-operation Agency (JICA)
  • BSF Jetty at Koteshwar.
  • Providing berthing Facilities (Ro-Ro terminal at Dahej & Ghogha)