SRS Limited (RHP) - Karvy

SRS LimitedSUMMARY OF FINANCIAL INFORMATIONThe following tables sets forth the selected historical financial information of SRS Limited derived from itsrestated and audited financial statements for the financial years ended March 31, 2011, 2010, 2009, 2008 and2007, as prepared in accordance with Indian GAAP, the Companies Act, 1956 and ICDR Regulations andrestated as described in the Auditor’s Report of M/s. S.S. Kothari Mehta & Co., included in the section titled“Financial Information” on page 198 of this Red Herring Prospectus and should be read in conjunction withthose financial statements and notes thereon.SUMMARY OF CONSOLIDATED ASSETS AND LIABILITIES, AS RESTATED(Rs. in mn.)Particulars For the year ended March 31,2011 2010A FIXED ASSETSGross Block (at cost) 2,614.05 2,068.99Less: Depreciation 312.70 198.87Net Block 2,301.35 1,870.12Less: Revaluation Reserve - -Net Block after adjustment for Revaluation Reserve 2,301.35 1,870.12Capital Work in Progress 18.89 279.51Total (A) 2,320.24 2,149.63B INVESTMENTS (B) - -C CURRENT ASSETS, LOANS AND ADVANCESInventories 1,023.55 1,234.03Sundry Debtors 2,709.46 999.78Cash and Bank Balances 305.43 184.57Other Current Assets 3.56 1.28Loans and Advances 239.41 257.73Total (C) 4,281.41 2,677.39DLIABILITIES AND PROVISIONSSecured Loans 2,735.22 1,610.46Unsecured Loans 2.50 12.40Deferred Tax Liability 137.60 114.10Current Liabilities 498.48 277.09Provisions 96.08 45.61Total (D) 3,469.88 2,059.66E NET WORTH (A+B+C-D) 3,131.77 2,767.36FGREPRESENTED BY:Share Capital 1,042.91 1,042.91Reserves 2,101.48 1,726.36Less: Revaluation Reserves - -Reserves (net of revaluation reserves) 2,101.48 1,726.36Total (F) 3,144.39 2,769.27Miscellaneous Expenditure12.62 1.91(to the extent not written off/adjusted)H NET WORTH (F-G) 3,131.77 2,767.36Note: The above statement should be read with the Notes to the Consolidated Restated Summary Statementof Assets and Liabilities, Profits and Losses and Cash Flows of the Company, as included in thesection titled “Financial Information” on Page 198.4