SUBSIDIARY COMPANIES - ITC Ltd

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CASH FLOW STATEMENT FOR THE YEAR ENDED 31ST MARCH, 2012 (Figures for the previous year have been rearranged to For the year ended For the year ended conform with the revised presentation) 31st March, 2012 31st March, 2011 (`) (`) (`) (`) A. Cash Flow from Operating Activities NET PROFIT BEFORE TAX ADJUSTMENTS FOR : (3,21,57,078) (3,25,79,029) Depreciation 3,22,59,371 3,26,31,559 Amortisation 34,185 23,369 Interest Income (48,44,942) (32,15,895) Fixed Assets - Loss on Sale - Net 30,05,284 34,15,657 Write off of subscription fees — 6,53,022 Write off of Long Term Investment/Joint Venture 100 Doubtful and Bad Debts 2,25,756 — Amortisation of Miscellaneous Expenditure 10,53,348 10,53,347 Liability no longer required written back (3,73,983) 3,13,59,119 (61,20,555) 2,84,40,504 OPERATING PROFIT BEFORE WORKING CAPITAL CHANGES ADJUSTMENTS FOR : (7,97,959) (41,38,525) Increase/(Decrease) in Trade Payables (28,13,245) 1,21,16,769 Increase/(Decrease) in Provisions 6,92,043 3,67,158 Increase/(Decrease) in Other Current Liabilities 1,78,98,780 1,99,18,264 Increase/(Decrease) in Other long term Liabilities 55,97,895 6,40,183 (Increase)/Decrease in Trade Receivables (13,48,149) 3,41,381 (Increase)/Decrease in Inventories (1,27,01,200) (43,05,215) (Increase)/Decrease in Loans & Advances (32,90,905) (16,97,759) (Increase)/Decrease in Other non- current Current Assets 34,09,587 74,44,804 32,90,413 3,06,71,194 CASH GENERATED FROM OPERATIONS 66,46,845 2,65,32,669 Income Tax paid (34,15,077) 39,89,826 NET CASH FROM OPERATING ACTIVITIES 32,31,768 3,05,22,495 B. Cash Flow from Investing Activities Purchase of Fixed Assets (1,46,09,329) (11,52,58,732) Capital Work-in-Progress (24,69,11,029) (12,18,11,559) Sale of Fixed Assets 2,37,517 — Interest Received 41,02,230 (25,71,80,611) 24,71,171 (23,45,99,120) NET CASH USED IN INVESTING ACTIVITIES (25,71,80,611) (23,45,99,120) C. Cash Flow from Financing Activities Proceeds from issue of Share Capital 23,00,00,000 23,00,00,000 25,00,00,000 25,00,00,000 NET CASH USED IN FINANCING ACTIVITIES 23,00,00,000 25,00,00,000 NET INCREASE IN CASH AND CASH EQUIVALENTS (2,39,48,843) 4,59,23,375 OPENING CASH AND CASH EQUIVALENTS 5,92,22,164 1,32,98,791 CLOSING CASH AND CASH EQUIVALENTS 3,52,73,321 5,92,22,166 Notes : 1 The above Cash Flow Statement has been prepared under the “Indirect Method” as set out in Accounting Standard - 3 “Cash Flow Statements”. 2 CASH AND CASH EQUIVALENTS : Cash and Cash Equivalents as above 4,98,427 1,89,161 Balance in Statutory Restricted Accounts 3,47,74,894 5,90,33,003 Other Restricted Balances — — Unrealised (Loss) / Gain on Foreign Currency Cash and Cash Equivalents - Net — — Cash and Bank Balances 3,52,73,321 5,92,22,164 164 The Statement of Cash Flow referred to in our Report of even date For Price Waterhouse Firm Registration Number : 012574N Chartered Accountants Abhishek Rara Partner Membership No : 077779 Gurgaon, 27th April, 2012 LANDBASE INDIA LIMITED For and on behalf of the Board Chandrasekhar Subrahmoneyan Managing Director Bhagwateshwaran Hariharan Director
NOTES TO THE ACCOUNTS LANDBASE INDIA LIMITED As at As at 31st March, 2012 31st March, 2011 (`) (`) (`) (`) NOTE 1 SHARE CAPITAL Authorised 50,000,000 Equity Shares (Previous Year 50,000,000 Equity Share) of ` 10/- each 50,00,00,000 50,00,00,000 15,000,000 Redeemable Preference Shares (Previous Year 15,000,000) of ` 100 /- each Issued, Subscribed and Paid up 1,50,00,00,000 2,00,00,00,000 1,50,00,00,000 2,00,00,00,000 50,000,000 (Previous Year 50,000,000) Equity Shares of ` 10/- each fully paid up. 50,00,00,000 50,00,00,000 14,900,000 (Previous Year 12,600,000) Redeemable Preference Shares of ` 100/- each fully paid up 1,49,00,00,000 1,26,00,00,000 TOTAL 1,99,00,00,000 1,76,00,00,000 As at As at 31st March, 2012 31st March, 2011 Number of Amount Number of Amount Shares (`) Shares (`) (a) Reconciliation of number of shares Equity Shares: Balance as at beginning of the year 5,00,00,000 50,00,00,000 5,00,00,000 50,00,00,000 Add: Shares issued — — — — Balance as at end of the year Preference Share: 5,00,00,000 50,00,00,000 5,00,00,000 50,00,00,000 Balance as at beginning of the year 1,26,00,000 1,26,00,00,000 1,01,00,000 1,01,00,00,000 Add: Shares issued 23,00,000 23,00,00,000 25,00,000 25,00,00,000 Balance as at end of the year 1,49,00,000 1,49,00,00,000 1,26,00,000 1,26,00,00,000 (b)Rights, preferences and restrictions attached to Shares Equity Shares : This class of shares having a par value of ` 10/- per share. Each shareholder is eligible for one vote per share held. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after distribution of all preferential amounts, in proportion to their shareholding. Preference Shares : This class of Preference Shares having a par value of ` 100/- per Share, are not entitled to any dividend. They are redeemable on or after 5 years from the date of allotment and carry a call/put option exerciseable any time after 3 years after giving 3 month’s notice to either party. As at As at 31st March, 2012 31st March, 2011 (`) (`) (c) Shares held by holding company and subsidiary of holding company Equity Shares 50,000,000 shares (March 31, 2011: 50,000,000 shares) held by ITC Limited, the Holding Company along with its nominees Preference Shares 50,00,00,000 50,00,00,000 14,900,000 shares (March 31,2011: 12,600,000 shares) held by ITC Limited, the Holding Company 1,49,00,00,000 1,26,00,00,000 (d)Details of shares held by shareholders holding more than 5% of the aggregate shares of the Company Equity Shares ITC Limited, the Holding Company 5,00,00,000 5,00,00,000 Preference Shares 100% 100% ITC Limited, the Holding Company 1,49,00,000 1,26,00,000 100% 100% 165
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SUBSIDIARY COMPANIES Russell Credit
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ANNEXURE TO THE REPORT OF THE DIREC
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6 RUSSELL CREDIT LIMITED BALANCE SH
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NOTES TO THE FINANCIAL STATEMENTS F
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ANNEXURE TO THE AUDITORS’ REPORT
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DIRECTORS’ REPORT TO THE MEMBERS
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to its bankers. The Company did not
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CASH FLOW STATEMENT FOR THE YEAR EN
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NOTES TO THE ACCOUNTS As at As at M
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NOTES TO THE ACCOUNTS 11. Fixed ass
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NOTES TO THE ACCOUNTS Year Ended Ye
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NOTES TO THE ACCOUNTS 26. Finance c
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NOTES TO THE ACCOUNTS 5. Transactio
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NOTES TO THE ACCOUNTS 43 - Signific
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DIRECTORS’ REPORT TO THE MEMBERS
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(vii) In our opinion, the Company h
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NOTES TO THE ACCOUNTS 1. Share capi
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23. Significant accounting policies
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of services. We have not observed a
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NOTES TO THE ACCOUNTS As at As at M
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NOTES TO THE ACCOUNTS 21. Segment i
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DIRECTORS’ REPORT FOR THE YEAR EN
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56 TECHNICO PTY LIMITED BALANCE SHE
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(c) Foreign currency translation Th
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60 TECHNICO PTY LIMITED NOTES TO AN
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NOTES TO AND FORMING PART OF FINANC
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NOTES TO AND FORMING PART OF FINANC
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BALANCE SHEET AS AT MARCH 31, 2012
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5. Liquidity Risk Liquidity risk is
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ANNEXURE TO THE REPORT OF DIRECTORS
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CASH FLOW STATEMENT FOR THE YEAR EN
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74 TECHNICO AGRI SCIENCES LIMITED N
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Notes to financial statements for t
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NOTES TO FINANCIAL STATEMENTS FOR T
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Notes to financial statements for t
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DIRECTORS’ REPORT FOR THE YEAR EN
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84 TECHNICO ASIA HOLDINGS PTY LIMIT
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Note 4: Trade and other payables 20
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BALANCE SHEET AS ON 31st DECEMBER 2
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INCOME AND PROFIT DISTRIBUTION STAT
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NOTES TO FINANCIAL STATEMENTS 1. Br
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NOTES TO FINANCIAL STATEMENTS (Cont
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ANNEXURE TO AUDITORS’ REPORT (con
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NOTES TO THE FINANCIAL STATEMENTS 1
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NOTES TO THE FINANCIAL STATEMENTS (
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14. The Board of Directors of the C
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BALANCE SHEET As at March 31, 2012
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Page 126 and 127: 14 CASH AND BANK BALANCES Cash and
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Page 130 and 131: REPORT OF THE DIRECTORS Your Direct
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Page 136 and 137: 17. Reconciliation of movements in
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Page 142 and 143: NOTE F - INTANGIBLE ASSETS The Comp
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Page 188 and 189: Annexure I Sl. No. Name of Director
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Page 192 and 193: STATEMENT OF CHANGE IN EQUITY FOR T
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Page 198 and 199: SCHEDULES TO THE ACCOUNTS (Contd.)
Page 200 and 201: STATEMENTS OF CASH FLOWS YEAR ENDED
Page 202: NOTE 12 - INCOME TAXES Income taxes
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SUBSIDIARY COMPANIES - ITC Ltd

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