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Schedules forming part of the Consolidated Account
s
2009 2008 2009 2008 2009 2008 2009 2008
Buildings
3.80
3.80
3.80
3.80
-
-
-
-
Plant & machinery
127.50 127.50 61.52 48.34 65.98 79.16 13.18 13.18
Total
131.30 131.30 65.32 52.14 65.98 79.16 13.18 13.18
12 Lease:
(a) The Company has taken various residential and office premises under operation lease or leave and license agreements. These
are generally cancellable, having a term between 11 months and 3 years and have no specific obligation for renewal. Lease
payments are recognised in the Profit and Loss Account under rent in Schedule 15.
(b) The Company has given a building and plant & machinery on operating lease, the detail of which are as under:
(Rs in lacs)
Assets
Gross block
Depreciation fund Written down
Depreciation for
value
the year
Particulars
As at
As at
March 31, 2009 March 31, 2008
Not later than one year
23.53
23.53
The future minimum lease payments to be received under the non-cancellable leases are as follows:
(Rs in lacs)
Particulars
March 31, 2009 March 31, 2008
Profit for the year attributable to the equity shareholders
Rs in lacs
4,237.82
3,046.95
Basic | weighted average number of equity shares outstanding during the year
2,96,61,733
2,96,61,733
Nominal value of equity share
Rs
10
10
Basic and diluted Earning per Share
Rs
14.29
10.27
10 Earning per Share :
Earning per Share (EPS) - The numerators and denominators used to calculate basic and diluted Earning per Share:
11 Provisions:
Name of the provision
Balance
Accrued
Payments
Provision
Closing
carried
during
during
reversed |
balance
as at
the year
the year
written
carried as at
March 31, 2008
back March 31, 2009
Leave encashment
1,156.37
302.52
236.40
-
1,222.49
13
(a) Suppliers and customers balances are subject to confirmation.
(b) Depots debtors as per depots books and Head office books are in the process of reconciliation, adjustments, if any, will be made
on completion of the reconciliation. Due to this, sundry debtors related to depots sales are disclosed as per Head office books
of account.
14
The use of derivative instruments is governed by the policies of the Company, approved by the Board of Directors, which provide
written principles on the use of such financial derivatives consistent with the risk management strategy of the Company.
(1) The Company has entered into the following derivatives:
(a) The Company uses foreign currency forward contracts to hedge its risks associated with foreign currency fluctuations
relating to certain firm commitments and highly probable forecast transactions.
The following are the outstanding forward exchange contracts entered into by the Company:
As at
No of
Type
US$ equivalent
contracts
(lacs)
March 31, 2008
33
Sell
400.00
March 31, 2009
31
Sell
57.00
SCHEDULE 16 NOTES FORMING PART OF THE ACCOUNTS
(Contd.)
106