Download - Sujana Group

SUJANA METAL PRODUCTS LIMITED
Key Management
Subsidiaries Associates
Particulars
Personnel
2009-11 2008-09 2009-11 2008-09 2009-11 2008-09
Closing Balances as at 31st Martch 2011
H). Advances
Glade Steel Pvt.Ltd. 2,823.41 113.86 — — — —
Alpha Ventures Ltd. 2,316.02 — — — — —
Asian Tide Enterprises Ltd. 11,265.33 — — — — —
Sujana Power (Tuticorin)Ltd. — — — 376.60 — —
Mr.R.K.Birla — — — — — 4.68
Sub—Total 16,404.76 113.86 — 376.60 — 4.68
I). Accounts Receivable
Glade Steel Pvt.Ltd. 119.81 — — — — —
Sub—Total 119.81 — — — — —
J). Accounts Payable
Glade Steel Pvt.Ltd. 23.85 — — — — —
Sub—Total 23.85 — — — — —
8 Managerial Remuneration
Remuneration to Managing Director, Executive Director and Non-Executive Directors
(Rupees in Lakhs)
Particulars 2009-2011 2008-2009
Salary and Allowances 112.50 75.00
Contribution to Provident Fund 10.80 7.20
Directors’ Sitting Fees 2.95 1.08
Total 126.25 83.28
Note : The above figures exclude provision for compensated absences and gratuity actuarially valued
as separate figures are not available
9 Remuneration to Auditors (excluding service tax) (Rupees in Lakhs)
Particulars 2009-2011 2008-2009
Audit Fees (including limited reviews) 82.50 40.00
Other Services 18.75 0.75
Total 101.25 40.75
10 Deferred Tax
Deferred Tax Liability (Net) as at March 31, 2011 comprises of the following
Particulars
A) Deferred Tax Liability:
As at
31.03.2011
Movement during
the period
(Rupees in Lakhs)
As at
30.09.2009
Depreciation 6,575.54 1,250.73 5,324.81
Total Deferred Tax Liability 6,575.54 1,250.73 5,324.81
B) Deferred Tax Asset:
Provision for Employee Benefits 83.06 27.57 55.49
Provision for doubtful debts/advance 309.27 27.55 281.72
Total Deferred Tax Asset 392.33 55.12 337.21
Net Deferred Tax Liability (A-B) 6,183.21 1,195.61 4,987.60
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