APR Constructions Limited - Saffron Capital

7. The Works awarded to the Joint Ventures, in which the Company is a partner, are shared as per the contract
work sharing arrangements and executed as independent contract works by the partners of the said Joint
Ventures. The Profit to the Joint Ventures, representing commission received as reduced by expenses, is being
shared by the partners to the joint ventures.
8. Deferred Tax (Asset) / Liability:
The significant component and classification of deferred tax liability on account of timing difference are:
(Rs. in lakhs)
Sr.
Particulars As at As at 31 st March
No.
30-11-
2010 2009 2008
2010
2007 2006
1 Timing difference on account of
466.41 506.59 475.27 303.94 240.61 157.33
depreciation
2 Timing Differences on account of
(39.18) (30.84) (31.86) (18.91) (11.28) (8.69)
Retirement benefits
3 Net timing difference 427.23 475.75 443.40 285.02 229.33 148.65
4 Deferred Tax Liability 145.21 161.70 150.71 96.88 77.20 50.03
9. Based on the information available with the Company, there are no suppliers who are registered under the
Micro, Small & Medium Enterprises Development Act, 2006 as at 30 th November, 2010. Hence the
information as required under Micro, Small & Medium Enterprises Development Act, 2006 is not disclosed.
10. The Company‟s operations comprise only one reportable segment i.e. infrastructure business. During the
period under report, the Company is engaged in its business only within India and not in any other Country.
The conditions prevailing in India being uniform, no separate geographical disclosure is considered necessary.
11. For the Financial Year 2008-09 the company had a subsidiary company, M/s. APR Bridge Company Private
Limited. On 27.03.2010 APR Bridge Company Private Limited has allotted 24,255 equity shares to APR
Constructions Limited further the company has disposed off 20,000No of equity shares on 30.03.2010
Consequent to which the share holding of the company in APR Bridge Company Private Limitedwas reduced
to 28.48% , there by ceased to be the subsidiary of the company.
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