Shriram City Union Finance Limited - Karvy

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Annexure IIIShriram City Union Finance LimitedReformatted Summary of Cash Flow StatementParticularsFor the year ended March 31,(Rs in Lacs)2011 2010 2009 2008 2007A. Cash flow from operating activitiesNet profit before taxation 36,060.09 28,625.86 17,973.53 12,698.46 7,943.32Depreciation and amortization 747.41 464.77 1,018.23 1,127.52 373.35Share and debenture issue expenses writtenoff - - - 2.13 1.69(Profit) / loss on sale of fixed assets (net) 13.78 1.60 0.12 3.35 0.96Lease equalization Adjustments (11.49)(Profit) / loss on sale of current and longterm investments (net) - - 0.08 - -Interest income on current and long terminvestments and interest income on fixeddeposits (270.70) (1,203.65) (258.14) (228.64) (302.65)Dividend income - (444.91) (56.47) (46.06) (65.27)Employees Stock option compensation cost 471.68 751.53 1,111.28 542.09 -Provision for impairment - - 1,186.81 - -Provision for hedging contracts (546.62) - 994.18 811.68 -Provisions for non performing assets and baddebts written off 10,136.82 12,165.62 7,809.37 5,174.98 2,482.15Provisions for standard assets 1,714.89 - - - -Provision for gratuity 40.82 15.88 6.46 104.70 28.48Provision for leave encashment 27.48 9.87 1.51 13.60 1.77Provision for diminution in value ofinvestments - - - - 2.99F-8
Shriram City Union Finance LimitedAnnexure IIIReformatted Summary of Cash Flow Statement(Rs in Lacs)ParticularsFor the year ended March 31,2011 2010 2009 2008 2007Operating profit before working capitalchanges 48,395.65 40,386.57 29,786.96 20,203.81 10,455.31Movements in working capital:(Increase) / decrease in current assets:(Increase) / decrease in assets underfinancing activities (233,365.56) (111,057.72) (101,492.75) (108,713.56) (88,184.89)(Increase) / decrease in sundry debtors - 89.03 (13.21) 102.25 (60.52)(Increase) / decrease in lease assets - net ofsales - - - - 8.89(Increase) / decrease in other current assets (11,530.50) (5,552.81) (29.55) (94.98) 306.06(Increase) / decrease in other loans andadvances (931.92) 4,708.39 2,239.18 (2,111.58) (1,734.19)Increase / (decrease) in current liabilities 23,690.91 13,272.04 4,078.50 (2,119.00) 10913.48Cash generated from operations (173,741.42) (58,154.50) (65,430.87) (92,733.06) (68,295.86)Direct taxes paid (net of refunds) (11,127.69) (9,197.57) (6,450.11) (6,522.66) (3,154.36)Net cash used in operating activities (A) (184,869.11) (67,352.07) (71,880.98) (99,255.72) (71,450.22)B. Cash flows from investing activitiesInvestment in Fixed deposits (net) 7,992.17 (12,665.70) (5,855.70) 52.63 42.27Purchase of fixed assets and intangibles (1,663.61) (1,058.11) (879.02) (670.26) 13.80Proceeds from sale of fixed assets 2.52 2,269.20 59.93 1.81 (368.18)Purchase of Investment (200.00) - - - -Investment in subsidiary company (250.00) - (4.55) (4.99) -Proceeds from sale of investment insubsidiary company - - - 4.55 -Proceeds from sale of investments - 1,905.00 3.00 59.50 -Interest received on current and long terminvestments and interest on fixed deposits 270.70 1,203.65 258.14 228.64 302.65Dividend received - 444.91 56.47 46.06 65.27Net cash used in investing activities (B) 6,151.78 (7,901.05) (6,361.73) (282.06) 55.81F-9
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Draft ProspectusDated July 21, 2011
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SECTION I : GENERALDEFINITIONS / AB
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TermDebenture Holder (s)Debt Listin
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that notice of such early closure i
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TermROCRTGSSBISCRASCRRSEBIDescripti
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• Emergence of new competitors;
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SECTION II : RISK FACTORSProspectiv
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may be lower than the outstanding l
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and other liberalization measures a
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previous working relationship; succ
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As part of our means of raising and
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24. We may have to comply with stri
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valuation mechanism, which are pers
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Risks Relating to the Utilization o
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As on March 31, 2011, 24 % of our A
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5. Investors may contact the Regist
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Lead Managers:JM Financial Consulta
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Bankers to our CompanyANDHRA BANKCo
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STATE BANK OF BIKANER AND JAIPUR1 s
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warrant. CRISIL is not responsible
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We leverage on the Shriram Group’
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Access to a range of cost effective
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THE ISSUEThe following is a summary
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SUMMARY FINANCIAL INFORMATIONThe fo
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B. SUMMARY INFORMATION OF OUR UNCON
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C. SUMMARY INFORMATION OF OUR UNCON
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ParticularsFor the year ended March
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E. SUMMARY INFORMATION OF OUR CONSO
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F. SUMMARY INFORMATION OF OUR CONSO
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CAPITAL STRUCTUREDetails of share c
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Date of AllotmentNumber of sharesis
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Sr.NoCategory ofShareholderNumberof
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Sr. No. Name of holder Number ofins
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11. List of top ten holders of Secu
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Employee Stock Option SchemesPursua
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STATEMENT OF TAX BENEFITSUnder the
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provisions of Chapter XII-A shall c
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SECTION IV : ABOUT THE ISSUER COMPA
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Initially, the NBFCs registered wit
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Overall Demand Drivers in the Two W
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wheelers and similar forms of intra
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Players are now adopting stringent
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Growth in CV finance disbursements`
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SI.No.YearTotalMSMEs(lakhnumbers)Fi
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women and all loans to the North Ea
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segment and the ability to provide
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NBFCs in the Indian gold loans mark
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We leverage on the Shriram Group’
Page 97 and 98: Access to a range of cost effective
Page 99 and 100: Our Company’s ProductsProduct Fin
Page 101 and 102: All customer origination and evalua
Page 103 and 104: maintain low gross and net NPA leve
Page 105 and 106: The following table sets forth the
Page 107 and 108: Credit RatingAgencyCAREInstruments
Page 109 and 110: TechnologyWe use information techno
Page 111 and 112: act as, and to undertake and carry
Page 113 and 114: Company equal to or more than 7% of
Page 115 and 116: (c) Term and termination: Either pa
Page 117 and 118: Pursuant to the Agreement, the Inve
Page 119 and 120: • more than 50% of the fully dilu
Page 121 and 122: OUR MANAGEMENTBoard of DirectorsThe
Page 123 and 124: Name, Designation,Age and DINNation
Page 125 and 126: commercial banks. He was the chairm
Page 127 and 128: Remuneration of the DirectorsThe in
Page 129 and 130: A. Audit CommitteeThe members of th
Page 131 and 132: To form Sub CommitteesD. Asset liab
Page 133 and 134: OUR PROMOTERProfile of our Promoter
Page 135 and 136: Particulars FY 2008 FY 2009 FY 2010
Page 137 and 138: Particulars FY 2008 FY 2009 FY 2010
Page 139 and 140: Sr.No.Name of Shareholder Address N
Page 141 and 142: PIJUSH GUPTA & COC H A R T E R E D
Page 143 and 144: 8. This report should not be in any
Page 145 and 146: Annexure IShriram City Union Financ
Page 147: Annexure IIShriram City Union Finan
Page 151 and 152: Annexure IIIShriram City Union Fina
Page 153 and 154: Annexure IVShriram City Union Finan
Page 165 and 166: Annexure VShriram City Union Financ
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Page 173 and 174: Annexure VIIShriram City Union Fina
Page 175 and 176: Annexure VIIIShriram City Union Fin
Page 177 and 178: Annexure IXShriram City Union Finan
Page 179 and 180: Annexure IXC. Cash Credit from Bank
Page 181 and 182: Annexure XShriram City Union Financ
Page 183 and 184: Annexure - XIIShriram City Union Fi
Page 185 and 186: c. Fixed Assets, Depreciation / Amo
Page 187 and 188: g. Revenue recognitioni. Income fro
Page 189 and 190: j. Segment reportingThe company ope
Page 191 and 192: 2010 - 20112. Notes to Accounts1. P
Page 193 and 194: c) Term Loans:i. From Financial Ins
Page 195 and 196: Changes in the present value of the
Page 197 and 198: Enterprises havingsignificant influ
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Deferred Tax AssetTiming difference
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Stock Options grantedThe weighted a
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12. SecuritizationThe information o
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c) All Debentures under (a) and (b)
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Balance sheetDetails of Provision f
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(Rs. In Lacs)Enterprises havingsign
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5. Deferred Tax Liabilities/(Asset)
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The details of Series I have been s
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Since the enterprise used the intri
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13.1 Licensed Capacity, Installed c
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) Term Loans:As at March 31,2009(Rs
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Profit and Loss accountNet employee
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The estimates of future salary incr
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7. Related Party DisclosuresRelated
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* Denotes transactions with Shriram
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(Rs. in lacs)As at March 31, As at
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Stock Options grantedSeries I:The w
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15. SecuritisationThe Company sells
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2007 - 20082. Notes to Accounts1. P
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2. Subordinated DebtThe Company has
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The principal assumptions used in d
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6. Related Party DisclosuresRelated
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9. Earnings per shareParticularsYea
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Income Tax/Wealth TaxDisputed Incom
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Stock Options grantedSeries I:The w
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15. SecuritisationThe Company sells
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2006 - 2007B) Notes to AccountsPart
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9. Expenses in respect of common br
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15. Details of Deferred Tax Liabili
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3(Rs. In lacs)As on March 31,Partic
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(Rs. In lacs)ParticularsAmount outs
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7 Investor group-wise classificatio
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PIJUSH GUPTA & COC H A R T E R E D
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Other consolidated Financial Inform
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Annexure IIShriram City Union Finan
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Shriram City Union Finance LimitedC
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Annexure IVShriram City Union Finan
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Shriram City Union Finance LimitedS
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Annexure VShriram City Union Financ
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Annexure VIShriram City Union Finan
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Shriram City Union Finance Ltd.,Ann
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Shriram City Union Finance Ltd.,Ann
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Annexure XIShriram City Union Finan
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(E)InvestmentsInvestments intended
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(K)Segment reportingThe company ope
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) Privately Placed Redeemable Non-C
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Balance sheetDetails of Provision f
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PaymentsEnterprises having signific
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(8) Deferred Tax Liabilities/(Asset
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The details of Stock Option plan ar
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In March 2005 the ICAI has issued a
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As per our report of even dateFor P
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Sr.No.Particulars16. Industrial Dev
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Sr.No.Particulars Date of sanction
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1. to declare and/ or pay dividend
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SECTION VI : ISSUE RELATED INFORMAT
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person, being a nominee, becoming e
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*With respect to applications recei
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e paid on the next working day. Pay
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Please note that failure to do so c
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We may at our discretion redeem the
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other NCDs in their place. The afor
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from the date of receipt of the app
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or entities.Applicants are advised
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3. Filing of the Prospectus with RO
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in the Application Form would be us
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B. Additional ApplicationsAn applic
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12. Allotment Advice / Refund Order
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iii) In the event, there are more t
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SECTION VII : LEGAL AND OTHER INFOR
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within the meaning of section 271 (
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OTHER REGULATORY AND STATUTORY DISC
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ActivityFees payable legal advisors
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(Source: www.bseindia.com)NSEMonth
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Year ended As at 31st March` In Lak
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(ii)NBFCs are not allowed to deal i
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when hire charges are actually rece
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different rates of interest for dif
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Labour LawsThe Company is required
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…Clause (3) of Article 42 at thei
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MATERIAL CONTRACTS AND DOCUMENTS FO
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DECLARATIONWe, the Directors of the
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Shriram City Union Finance Limited - Karvy

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