EXCEL CROP CARE LIMITED C O N T E N T S - BSE

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SCHEDULE ‘T’ — (Cont’d.) NOTES TO ACCOUNTS EXCEL CROP CARE LIMITED SCHEDULE FORMING PART OF THE BALANCE SHEET AND THE PROFIT AND LOSS ACCOUNT Current Year Previous Year 13.9 Remittance in Foreign Currency on account of Dividend to non-resident shareholder: (a) Number of shareholder 1 1 (b) Number of Equity Shares held by them 16,17,000 16,17,000 (c) (i) Amount of dividend paid (` in lacs) 1,01.06 80.85 (ii) Year to which dividend relates 2009-10 2008-09 (` in lacs) (` in lacs) 14. Earnings Per Share: (1) Profit after Tax 43,93.36 37,33.81 Less: Prior Period Adjustments (Net) 24.92 43.30 Add: Excess provision for taxation for earlier years 0.17 52.93 Profit attributable to Equity Shareholders (A) 43,68.61 37,43.44 Nos. Nos. (2) Weighted average number of Equity Shares outstanding (B) 1,10,05,630 1,10,05,630 ` ` (3) Earnings Per Share: (A)/(B) (basic and diluted) 39.69 34.01 (4) Face Value of Equity Share 5.00 5.00 15. Details of Employee Benefits: I. Defined Benefit Plans – Gratuity (Funded): The Company has a defined benefit gratuity plan. Every employee who has completed five years or more of service gets gratuity on retirement at 15 days of last drawn salary for each completed year of service. If an employee completes more than 25 years of service then instead of 15 days, he/she will get gratuity on retirement at 22 days of last drawn salary. The aforesaid liability is provided for on the basis of an actuarial valuation made at the end of the financial year. The scheme is funded with insurance companies in the form of qualifying insurance policies. (a) The amounts recognised in the statement of Profit and Loss Account are as follows: Defined Benefit Plan Current Year Previous Year (` in lacs) (` in lacs) Current Service cost 1,27.85 1,03.69 Interest cost on benefit obligation 1,60.07 1,26.36 Expected return on plan assets (1,66.40) (1,29.70) Net actuarial (gain)/loss recognised during the year 3,15.60 3,09.25 Amount included under the head personnel expenses in Schedule ‘Q’ Manufacturing and Other Expenses. 52 4,37.12 4,09.60 Actual return on plan assets 1,85.79 1,45.00 (b) The amounts recognised in the Balance Sheet are as follows: As at 31st March, 2011 (` in lacs) As at 31st March, 2010 (` in lacs) Present value of funded obligation 24,57.56 20,65.37 Less: Fair value of plan assets 22,26.17 16,58.38 Net Liability included under the head Provision for Gratuity, in Schedule ‘N’ Provisions 2,31.39 4,06.99
SCHEDULE ‘T’ — (Cont’d.) NOTES TO ACCOUNTS EXCEL CROP CARE LIMITED SCHEDULE FORMING PART OF THE BALANCE SHEET AND THE PROFIT AND LOSS ACCOUNT (c) Changes in the present value of the defined benefit obligation representing reconciliation of opening and closing balance thereof are as follows: 53 As at 31st March, 2011 (` in lacs) As at 31st March, 2010 (` In lacs) Opening defined benefit obligation 20,65.37 16,30.40 Interest cost 1,60.07 1,26.36 Current service cost 1,27.85 1,03.69 Benefits paid (2,31.76) (1,62.69) Actuarial (gains)/loss on obligation 3,36.03 3,67.61 Closing defined benefit obligation 24,57.56 20,65.37 (d) Changes in the fair value of plan assets are as follows: As at 31st March, 2011 (` in lacs) As at 31st March, 2010 (` In lacs) Opening fair value of plan assets 16,58.38 14,11.97 Expected return 1,66.40 1,29.70 Contributions made by employer during the year 6,12.72 2,21.04 Benefits paid (2,31.76) (1,62.69) Actuarial gains 20.43 58.36 Closing fair value of plan assets 22,26.17 16,58.38 (` in lacs) (` in lacs) Expected contribution to defined benefit plan for the year 2,31.99 4,06.99 Current Year Previous Year The major categories of plan assets as a percentage of fair value of total plan assets are as follows: Insurer Managed Funds (Life Insurance Corporation of India) 95.46% 100.00% Insurer Managed Funds ( Kotak Mahindra Old Mutual Life Insurance Limited) 4.54% — 100.00% 100.00% The overall expected rate of return on assets is determined based on the market prices prevailing on that date, applicable to the period over which the obligation is to be settled Current Year Previous Year The principal actuarial assumptions at the Balance Sheet date. Discount rate 8% 7.75% Expected rate of return on plan assets 9% 9% Expected rate of salary increase 10% 8% Mortality table LIC (1994-96) LIC (1994-96) Ultimate Ultimate Proportion of employees opting for early retirement 1% to 5% 1% to 5% Notes: (i) The estimates of future salary increases, considered in actuarial valuation, takes account of inflation, seniority, promotion and other relevant factors such as supply and demand in the employment market.
Page 1 and 2: EXCEL CROP CARE LIMITED C O N T E N
Page 3 and 4: NOTICE EXCEL CROP CARE LIMITED NOTI
Page 5 and 6: ANNEXURE TO THE NOTICE EXCEL CROP C
Page 7 and 8: The country received good rainfall
Page 9 and 10: 13. SUBSIDIARIES Excel Crop Care (A
Page 11 and 12: ANNEXURE TO DIRECTORS’ REPORT EXC
Page 13 and 14: (d) Improvement in quality, raw mat
Page 15 and 16: Pesticides consumption in India is
Page 17 and 18: in the proper, safe and judicious u
Page 19 and 20: NAME CATEGORY NO. OF BOARD MEETINGS
Page 21 and 22: 4. Shareholding of Non-Executive Di
Page 23 and 24: Director Sitting fees for Board/ Co
Page 25 and 26: The Bombay Stock Exchange Limited (
Page 27 and 28: The Company has initiated steps to
Page 29 and 30: I. CAPITAL ACCOUNTS EXCEL CROP CARE
Page 31 and 32: AUDITORS’ REPORT EXCEL CROP CARE
Page 33 and 34: Name of the statute Nature of dues
Page 35 and 36: EXCEL CROP CARE LIMITED 35 Schedule
Page 37 and 38: EXCEL CROP CARE LIMITED CASH FLOW S
Page 39 and 40: SCHEDULE ‘E’ FIXED ASSETS Sr. D
Page 41 and 42: EXCEL CROP CARE LIMITED SCHEDULES F
Page 45 and 46: EXCEL CROP CARE LIMITED SCHEDULE FO
Page 47 and 48: SCHEDULE ‘T’ — (Cont’d.) NO
Page 51: SCHEDULE ‘T’ — (Cont’d.) NO
Page 67 and 68: AUDITORS’ REPORT EXCEL CROP CARE
Page 69 and 70: EXCEL CROP CARE LIMITED CONSOLIDATE
Page 71 and 72: EXCEL CROP CARE LIMITED CONSOLIDATE
Page 75 and 76: SCHEDULE ‘I’ EXCEL CROP CARE LI
Page 79 and 80: SCHEDULE ‘S’ (INCREASE)/DECREAS
Page 85 and 86: SCHEDULE 'U' (Contd.) NOTES TO CONS
Page 95 and 96: TEAR HERE EXCEL CROP CARE LIMITED R
Page 97 and 98: ANNUAL REPORT 2009-10 Gujarat Narma
Page 103 and 104:
ANNUAL REPORT 2009-10 Gujarat Narma
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