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3 Credentials and recognization4 <strong>SPML</strong>, the ‘growth connect’7 Our Areas of Operation8 Our subsidiaries, associates and joint ventures<strong>10</strong> Chairman’s Message11 Board of Directors12 Corporate Information13 Directors’ <strong>Report</strong>16 Management Discussion & Analysis18 Corporate Governance27 Auditors’ <strong>Report</strong> to the Members31 Balance Sheet32 Profit & Loss Account33 Schedules65 Cash Flow Statement67 Balance Sheet Abstract68 Statements U/S 21270 Auditors’ <strong>Report</strong> to Board of Directors71 Consolidated Balance Sheet72 Consolidated Profit & Loss Account74 Consolidated Schedules<strong>10</strong>7 Consolidated Cash Flow Statement
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