FUTURA POLYESTERS LIMITED - IDBI Capital

SUMMARY STATEMENT OF FINANCIAL INFORMATION
You should read the following information together with the information contained in the Auditors’ report
included in the section titled “Financial Statements” beginning on page 111 of the Draft Letter of Offer.
Summary Statement of Assets and Liabilities, as Restated
Sr.
No Particulars
As at
Rupees in lacs
31-Mar-08 31-Mar-07 31-Mar-06 31-Mar-05 31-Mar-04
1 FIXED ASSETS
Gross Block 59,885.68 43,437.40 41,637.34 40,134.39 39,530.90
Less: Depreciation 25,997.55 23,776.81 21,438.63 19,071.16 16,698.29
Net Block 33,888.13 19,660.59 20,198.71 21,063.23 22,832.61
Add: Capital Work - in - Progress 2,581.05 976.24 674.50 463.03 127.69
Less: Revaluation Reserve 14,293.43 1,087.64 1,995.37 2,905.50 3,833.36
Net Block after adjustment for
Revaluation Reserve 22,175.75 19,549.19 18,877.84 18,620.76 19,126.94
2 INVESTMENTS 2,621.11 2,381.22 2,378.91 2,578.91 2,583.67
3 DEFERRED TAX ASSETS (NET) 74.57 541.19 975.13 1,115.87 1,486.20
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CURRENT ASSETS, LOANS AND
ADVANCES
Inventories 11,825.74 8,320.37 9,484.56 7,568.29 5,188.71
Sundry Debtors 3,742.01 3,647.75 2,464.08 4,230.74 2,534.73
Cash and Bank Balances 1,824.15 1,734.06 1,947.84 1,514.78 4,364.45
Loans and Advances 2,651.44 2,760.63 2,525.71 1,767.76 2,225.11
20,043.34 16,462.81 16,422.19 15,081.57 14,313.00
LIABILITIES AND PROVISIONS:
5 SECURED LOANS 11,585.42 10,604.11 10,474.00 9,734.59 10,541.62
6 UNSECURED LOANS 4,327.35 4,437.61 4,662.89 5,452.95 4,507.62
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CURRENT LIABILITIES AND
PROVISIONS
Current Liabilities 14,971.69 11,096.21 11,902.68 10,900.22 13,186.00
Provisions 877.99 775.36 709.31 638.27 625.50
15,849.68 11,871.57 12,611.99 11,538.49 13,811.50
NET WORTH (1+2+3+4-5-6-7) 13,152.32 12,021.12 10,905.19 10,671.08 8,649.07
NET WORTH REPRESENTED BY
8 SHARE CAPITAL 5,242.17 5,242.17 5,242.17 4,835.59 3,347.71
9 RESERVE AND SURPLUS 22,213.93 7,880.36 7,725.56 8,962.07 9,529.49
Less: Revaluation Reserve 14,293.43 1,087.64 1,995.37 2,905.50 3,833.36
Less: Miscellaneous Expenditure 10.35 13.77 67.17 221.08 394.77
Reserves (Net of Revaluation
Reserves) 7,910.15 6,778.95 5,663.02 5,835.49 5,301.36
NET WORTH (8+9) 13,152.32 12,021.12 10,905.19 10,671.08 8,649.07
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