SUBSIDIARY COMPANIES - ITC Ltd

BALANCE SHEET As at March 31, 2012 As at March 31, 2011
Note (`) (`) (`) (`)
Equity and Liabilities
Shareholders' Funds
Share Capital 2 45,00,080 45,00,080
Reserves and Surplus
Non - Current Liabilities
3 16,18,88,887 16,63,88,967 11,75,52,727 12,20,52,807
Other Long - Term Liabilities 4 1,66,40,345 1,18,75,435
Long - Term Provisions
Current Liabilities
5 2,36,69,849 4,03,10,194 2,05,06,415 3,23,81,850
Trade Payables 6 2,19,87,591 1,72,26,899
Other Current Liabilities 7 95,68,407 1,18,56,376
Short - Term Provisions 8 89,70,545 4,05,26,543 42,19,274 3,33,02,549
Total
Assets
Non - Current Assets
Fixed Assets
24,72,25,704 18,77,37,206
Tangible Assets 9 42,37,464 38,68,539
Intangible Assets 10 9,19,471 51,56,935 13,65,648 52,34,187
Deferred Tax Assets (Net)
Current Assets
11 1,12,41,120 92,52,375
Current Investments 12 7,15,48,707 4,40,82,435
Trade Receivables 13 5,06,77,278 4,16,93,840
Cash and Bank Balances 14 6,36,03,479 4,49,07,304
Short - Term Loans and Advances 15 1,93,64,986 1,95,05,775
Other Current Assets 16 2,56,33,199 23,08,27,649 2,30,61,290 17,32,50,644
Total 24,72,25,704 18,77,37,206
The notes are an integral part of these financial statements
This is the Balance Sheet referred to in our Report of even date.
For PRICE WATERHOUSE
Firm’s Registration No : 012754N
Chartered Accountants
Abhishek Rara
Partner
Membership Number 77779
Place: Gurgaon
Date : 27th April, 2012
STATEMENT OF PROFIT AND LOSS
On behalf of the Board
Chandrasekhar Subrahmoneyan Director
Arun Pathak Director
Year ended Year ended
March 31, 2012 March 31, 2011
Note (`) (`) (`) (`)
Revenue From Operations (Gross) 22,08,42,101 19,40,40,210
Less : Service Tax (2,06,26,699) (1,80,68,543)
Revenue From Operations (Net) 19 20,02,15,402 17,59,71,667
Other Income 20 75,56,494 41,73,492
Total Revenue
Expenses :
20,77,71,896 18,01,45,159
Employee Benefits Expense 21 8,72,03,137 7,37,16,613
Depreciation and Amortisation Expense 22 13,52,338 14,56,422
Other Expenses 23 4,74,61,901 4,47,54,551
Total Expenses 13,60,17,376 11,99,27,586
Profit before tax
Tax expense:
7,17,54,520 6,02,17,573
Current Tax 2,41,77,000 1,94,10,000
Deferred Tax (19,88,745) 2,21,88,255 (3,65,204) 1,90,44,796
Profit for the year
Earnings Per Equity Share
[Nominal value per share:
4,95,66,265 4,11,72,777
` 10/- (2011: ` 10/-)] 25
Basic and Diluted 110.15 91.49
The notes are an integral part of these financial statements.
This is the Statement of Profit and Loss referred to in our Report of even date.
For Price Waterhouse
Firm Registration No : 012754N
Chartered Accountants
Abhishek Rara
Partner
Membership Number 77779
Place: Gurgaon
Date : 27th April, 2012
106
FORTUNE PARK HOTELS LIMITED
On behalf of the Board
Chandrasekhar Subrahmoneyan Director
Arun Pathak Director