ITC Infotech Limited
ITC Infotech Limited
ITC Infotech Limited
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_____________________________________________________<strong>ITC</strong> INFOTECH LIMITED<br />
12. Leasing commitments<br />
At 31 March 2009 the company had annual commitments under non-cancellable operating leases<br />
as set out below.<br />
2009 2008<br />
Operating leases<br />
which expire:<br />
Land &<br />
Unaudited<br />
Land & Other<br />
Unaudited<br />
Other<br />
Items Land &<br />
Unaudited<br />
Land &<br />
Unaudited<br />
Other Other Items<br />
Buildings Buildings Items<br />
Buildings Buildings Items<br />
£ Rs £ Rs £ Rs £ Rs<br />
Within 1 year 55,995 4,059,073 2,329 168,814 1,991 160,790 - -<br />
Within 1 to 2 years 66,478 4,819,022 - - - - - -<br />
Within 2 to 5 years 2,223 161,145 - - 3,890 314,233<br />
<br />
122,473 8,878,095 4,552 329,959 1,991 160,790 3,890 314,233<br />
<br />
13. Capital commitments<br />
There were no capital commitments at 31 March 2009 or 31 March 2008.<br />
14. Contingent liabilities<br />
There were no contingent liabilities at 31 March 2009 or 31 March 2008.<br />
15. Share capital<br />
Authorised share capital:<br />
Unaudited<br />
Unaudited<br />
2009 2009 2008 2008<br />
£ Rs £ Rs<br />
1,629,700 Ordinary shares of £1 each 1,629,700 118,136,953 1,629,700 31,637,999<br />
<br />
Allotted, called up and fully paid:<br />
2009 2008<br />
No £ Rs No £ Rs<br />
Ordinary shares of £1 each 685,815 685,815 49,714,729 685,815 685,815 55,396,278<br />
<br />
Equity shares<br />
Ordinary shares of £1 each 685,815 685,815 49,714,729 685,815 685,815 55,396,278<br />
<br />
16. Profit and loss account<br />
Unaudited<br />
£ Rs<br />
At 1 April 2008 1,990,728 144,307,872<br />
Profit for the financial year 1,023,752 74,211,757<br />
Other recognised gains and losses (833) (60,390)<br />
Equity dividends paid - -<br />
<br />
At 31 March 2009 3,013,647 218,459,239<br />
<br />
For simplicity, the brought forward Rupee amounts at 1 April 2008 have been translated at the 31<br />
March 2009 exchange rate.<br />
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