Shopper's Stop Limited - Securities and Exchange Board of India

6. The Company acquired its present business, during the year ended 31 st March 2000, which
included the acquisition of certain intangible assets, namely, goodwill, trademarks and
copyrights relating to the business. These assets were recorded at a gross book value of
Rs.143,273 and amortised over a 20 year period since the management believes that future
economic benefits from these assets will be realized over several years. The impact, if any, of
not realizing the benefits of these assets in future periods cannot be quantified.
7. The Company being a 51% subsidiary of SSL, 51% of the Assets and Liabilities and 51% of
Profits/Losses reported in Annexures I (c) and II (c) relate to the holding Company. No
adjustments in respect of these have been made in the books of the holding Company.
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