Annual Report 2011 - 2012 - United Breweries Limited

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Notes to the Consolidated Financial Statements (contd.)12. FIXED ASSETS(All amounts in Rs.lacs, unless otherwise stated)IntangibleAs atApril 1,2011Additionon AmalgamationGross Block Depreciation / Amortisation Net BlockAdditions Deletions/adjustmentsAs atMarch 31,2012As atApril 1,2011Additionon AmalgamationOn Deletions Forthe yearAs atMarch 31,2012As atMarch 31,2012As atMarch 31,2011Goodwill 6,543 — — — 6,543 6,512 — — 31 6,543 — 31Licences & Rights 6,376 — — — 6,376 3,721 — — 639 4,360 2,016 2,655Brands 631 — — — 631 585 — — 30 615 16 46Total - Intangible 13,550 — — — 13,550 10,818 — — 700 11,518 2,032 2,732TangibleLand - Freehold(Note a, b & c)14,911 — 1,180 — 16,091 — — — — — 16,091 14,911Land - Leasehold 3,481 141 2 — 3,624 270 26 — 116 412 3,212 3,211Buildings 30,861 876 2,147 (51) 33,935 4,815 301 — 1,333 6,449 27,486 26,046Leasehold Improvements 64 — — — 64 64 — — — 64 — —Plant and Machinery 105,970 3,916 20,428 492 129,822 46,954 2,079 214 11,623 60,442 69,380 59,016Office Equipment 1,414 80 102 (75) 1,671 809 53 11 155 1,006 665 605Furniture & Fittings 4,635 64 815 (2) 5,516 3,254 54 1 715 4,022 1,494 1,381Lab Equipments 1,132 90 392 (90) 1,704 355 26 — 175 556 1,148 777Vehicles 751 5 177 76 857 353 4 46 72 383 474 398Total - Tangible 163,219 5,172 25,243 350 193,284 56,874 2,543 272 14,189 73,334 119,950 106,345Total 176,769 5,172 25,243 350 206,834 67,692 2,543 272 14,889 84,852 121,982 109,077Capital work-in-progress 20,736 7,196142,718 116,273As at March 31, 2011 127,610 60,420 6,269 17,530 176,769 40,788 22,646 8,823 13,081 67,692Notes:a. The Company has obtained a stay against resumption proceedings initiated by MIDC over the Land aggregating 6 Acres valued at Rs.329 (2011: Rs.329) allotted byMIDC to MBIL (since amalgamated with the Company). The matter is yet to be finally heard.b. The Company has filed a Writ petition in the High Court of Kerala at Cochin seeking fixation of rate for issue of Final Patta with respect to land measuring 8.0937hectares valued at Rs.1 (2011: Rs.1). The matter is yet to be heard.c. Land measuring 9.04 acres [Cost Rs.72 (2011: Rs.72)] is pending registration in the name of the Company.d. All the above pieces of land are in physical possession of the Company.82
Notes to the Consolidated Financial Statements (contd.)13. NON CURRENT INVESTMENTS(All amounts in Rs.lacs, unless otherwise stated)Trade Investments (valued at cost)Unquoted equity instrumentsIn subsidiary companies - fully paid up shares:In associates:Class ofsharesNumber ofshares/unitsAs at March 31, 2012 As at March 31, 2011Face valuein Rs.CostNumber ofshares / unitsFace valuein Rs.United East Bengal Football Team Pvt. Limited Equity 4,999 50.00 1 4,999 50 1Other Investments(valued at cost unless otherwise stated)Unquoted equity instrumentsZorastrian Co-operative Bank Limited Equity 2,000 25.00 1 2,000 25 1Skol Breweries Limited Equity 300 10.00 0 — — —Jupiter Breweries Limited Equity 50 10.00 0 — — —Mohan Meakins Limited Equity 100 5.00 0 — — —Blossom Breweries Limited Equity 100 3.00 0 — — —Cosmos co-operative Bank Limited Equity 5,000 100.00 1 — — —In government and trustee securitiesNational savings certificate — 3 3 — — —[Net of provision for dimunition in value of investments ofRs.15 (2011: Rs.15)]Total 5 2Following investments costing less than Rs.1 Lac have been disclosed below in absolute amount in rupeesCostUnited East Bengal Football Team Pvt Limited 50,000Zorastrian Co-operative Bank Limited 50,000Skol Breweries Limited 1,727Jupiter Breweries Limited 188Mohan Meakins Limited 925Blossom Breweries Limited 300Total 103,14083
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CONTENTSReport of the Directors 1Re
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Chairman’s Statement (contd.)whic
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March 31, 2012 stood at Rs.1,005.1
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Half Marathon and Bangalore World 1
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Your Company is implementing severa
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Report of the Directors (contd.)CON
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Report of the Directors (contd.)CAU
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Annexure to Directors’ Report (co
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Report on Corporate Governance (con
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• To appoint/remove Registrar and
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f) Training of Board Members:Having
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Annexure to Auditor’s Report30Ref
Page 38 and 39: Referred to in paragraph 9 (b) of t
Page 40 and 41: Balance Sheet as at March 31, 2012(
Page 42 and 43: Cash Flow Statement for the year en
Page 44 and 45: 38Notes to Financial Statements(All
Page 46 and 47: Notes to Financial Statements (cont
Page 48 and 49: Preference SharesNotes to Financial
Page 50 and 51: 6. LONG-TERM BORROWINGSNotes to Fin
Page 52 and 53: 7. DEFERRED TAX LIABILITIES (NET)No
Page 56 and 57: As atMarch 31, 2012Notes to Financi
Page 66 and 67: c) Accounting for Amalgamation:The
Page 70 and 71: (4) Transaction with Heineken Brouw
Page 72 and 73: STATEMENT PURSUANT TO SECTION 212(1
Page 74 and 75: Consolidated Balance Sheet as at Ma
Page 76 and 77: Consolidated Cash Flow Statement fo
Page 78 and 79: Notes to Consolidated Financial Sta
Page 80 and 81: Notes to Consolidated Financial Sta
Page 82 and 83: Preference sharesNotes to the Conso
Page 84 and 85: 6. LONG-TERM BORROWINGSNotes to the
Page 86 and 87: 8. PROVISIONSNotes to the Consolida
Page 90 and 91: Notes to the Consolidated Financial
Page 100 and 101: - All asset and liabilities of the
Page 106 and 107: 45. DERIVATIVE INSTRUMENTSParticula
Page 108 and 109: 102Notes:
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Annual Report 2011 - 2012 - United Breweries Limited

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