SUBSIDIARY COMPANIES - ITC Ltd

STATEMENT OF CHANGE IN EQUITY FOR THE YEAR ENDED 32ND ASADH 2068 (16TH JULY, 2011)
SCHEDULE 2 : RESERVES & SURPLUS
192
SURYA NEPAL PRIVATE LIMITED
Figures in NRs. Figures in ` Figures in NRs. Figures in ` Figures in NRs. Figures in ` Figures in NRs. Figures in ` Figures in NRs. Figures in ` Figures in NRs. Figures in `
Share Capital Share Capital Revaluation Revaluation General General Employees' Employees' Surplus Surplus Total Total
Reserve Reserve Reserve Reserve Housing Housing
Reserve Reserve
Balance as at 31st Asadh 2066 (15th July, 2009) 2,01,60,00,000 1,26,00,00,000 1,21,81,280 76,13,300 1,12,96,459 70,60,286 21,33,79,740 13,33,62,338 — — 2,25,28,57,479 1,40,80,35,924
Net Profit for the year — — — — — — — — 1,97,43,46,180 1,23,39,66,363 1,97,43,46,180 1,23,39,66,363
Transferred to Employees' Housing Reserve — — — — — — 15,77,56,654 9,85,97,909 (15,77,56,654) (9,85,97,909) — —
Issue of Bonus Shares — — — — — — — — — — — —
Dividend — — — — — — — — (1,81,44,00,000)(1,13,40,00,000)(1,81,44,00,000)(1,13,40,00,000)
Transferred to Reserve — — — — 21,89,526 13,68,454 — — (21,89,526) (13,68,454) — —
Total — — — — 21,89,526 13,68,454 15,77,56,654 9,85,97,909 — — 15,99,46,180 9,99,66,363
Balance as at 32nd Asadh 2067 (16th July, 2010) 2,01,60,00,000 1,26,00,00,000 1,21,81,280 76,13,300 1,34,85,985 84,28,740 37,11,36,394 23,19,60,247 — — 2,41,28,03,659 1,50,80,02,287
Net Profit for the year — — — — — — — — 2,54,40,23,890 1,59,00,14,927 2,54,40,23,890 1,59,00,14,927
Transferred to Employees' Housing Reserve — — — — — — 20,41,38,568 12,75,86,605 (20,41,38,568) (12,75,86,605) — —
Dividend — — — — — — — — (2,24,78,40,000)(1,40,49,00,000)(2,24,78,40,000)(1,40,49,00,000)
Transferred to Reserve — — — — 9,20,45,322 5,75,28,322 — — (9,20,45,322) (5,75,28,322) — —
Total — — — — 9,20,45,322 5,75,28,322 20,41,38,568 12,75,86,605 — — 29,61,83,890 18,51,14,927
Balance as at 32nd Asadh 2068 (16th July, 2011) 2,01,60,00,000 1,26,00,00,000 1,21,81,280 76,13,300 10,55,31,307 6,59,57,062 57,52,74,962 35,95,46,852 — — 2,70,89,87,549 1,69,31,17,214
SCHEDULES TO THE ACCOUNTS
Figures in NRs. Figures in ` Figures in NRs. Figures in `
As at As at As at As at
32nd Asadh 2068 32nd Asadh 2068 32nd Asadh 2067 32nd Asadh 2067
(16th July, 2011) (16th July, 2011) (16th July, 2010) (16th July, 2010)
SCHEDULE 1: SHARE CAPITAL
Authorised
65,000,000 Ordinary Shares of
NRs. 100/-each
Issued, Subscribed & Paid up
20,160,000 Ordinary Shares of
6,50,00,00,000 4,06,25,00,000 6,50,00,00,000 4,06,25,00,000
NRs.100/- each, fully paid 2,01,60,00,000 1,26,00,00,000 2,01,60,00,000 1,26,00,00,000
Out of the above:
2,01,60,00,000 1,26,00,00,000 2,01,60,00,000 1,26,00,00,000
1. 16,800,000 Ordinary Shares were issued as fully paid up bonus shares in 2065/66 (2008/09).
2. 2,800,000 Ordinary Shares were issued as fully paid up bonus shares in 2060/61 (2003/04).
3. 280,000 Ordinary Shares were issued as fully paid up bonus shares in 2052/53 (1995/96).
4. 11,894,400 Ordinary Shares are held by the Holding Company, ITC Limited.
Reconciliation of number of Shares outstanding:
Number of Shares
At the beginning of the year 2,01,60,000 2,01,60,000
At the end of the year 2,01,60,000 2,01,60,000
Figures in NRs. Figures in ` Figures in NRs. Figures in ` Figures in NRs. Figures in ` Figures in NRs. Figures in `
As at As at As at As at
32nd Asadh 2067 32nd Asadh 2067 32nd Asadh 2068 32nd Asadh 2068
(16th July, 2010) (16th July, 2010) Addition Addition Withdrawal Withdrawal (16th July, 2011) (16th July, 2011)
Capital Reserve
Revaluation of Land
Revenue Reserve
1,21,81,280 76,13,300 — — — — 1,21,81,280 76,13,300
General Reserve
Housing Fund
1,34,85,985 84,28,741 9,20,45,322 5,75,28,322 — — 10,55,31,307 6,59,57,063
Provision for Employee Housing
Surplus
37,11,36,394 23,19,60,246 20,41,38,568 12,75,86,605 — — 57,52,74,962 35,95,46,851
Profit & Loss Account — — 9,20,45,322 5,75,28,322 9,20,45,322 5,75,28,322 — —
39,68,03,659 24,80,02,287 38,82,29,212 24,26,43,249 9,20,45,322 5,75,28,322 69,29,87,549 43,31,17,214