Annual Report 10-11 - Elder Pharmaceuticals Ltd.

International FZCO, Dubai, U.A.E.Balance Sheetas at 31st March 2011Financial Information for the year ended 31st March, 2011As at 31st March 2011 As at 31st March 2010AEDin LacsINRin LacsAEDin LacsINRin LacsASSETSNON CURRENTPROPERTY .PLANT & EQUIPMENT 206.76 2,548.90 44.27 542.33INTANGIBLE ASSETS 119.92 1,478.35 2.26 27.73Good Will 1,066.52 13,147.85 147.90 1813.67CWIP 15.83 195.15 13.95 171.051,409.03 17,370.24 208.38 2,554.78CURRENTINVESTMENTS AVAILABLE FOR SALE - 209.36 2,566.72INVENTORIES 461.13 5,684.72 6.69 82.00TRADE AND OTHER RECEIVABLES 452.84 5,582.52 28.77 352.71BANK BALANCES 125.06 1,541.71 10.76 131.94Other Current Assets 9.68 119.33 - -1,048.71 12,928.29 255.58 3,133.37TOTAL ASSETS 2,457.74 30,298.53 463.96 5,688.15EQUITY AND LIABILITIESEQUITYSHARE CAPITAL 5.00 61.64 5.00 61.30CAPITAL RESERVES 174.06 2,145.78 - -INVESTMENTS FAIR VALUE ADJUSTMENT RESERVE FOREIGN CURRENCY TRANSLATION RESERVE (9.36) (115.39) -P& L RESERVE (85.74) (1,056.99) 14.13 173.2683.96 1,035.04 MINORITY INTEREST 24.77 305.36 84.76 1,039.16TOTAL EQUITY 108.73 1,340.40 NON CURRENT LIABILITIESBORROWINGS FROM - BANKS 1,087.73 13,409.32 - -DEFERRED TAX LIABILITIES 39.80 490.65 - -1,127.53 13,899.96 - -CURRENT LIABILITIESSHORT TERM BORROWINGS 148.18 1,826.73 148.30 1,818.18DUE TO RELATED PARTIES 572.00 7,051.50 408.69 5,010.60ACCOUNTS & OTHER PAYABLES 501.30 6,179.93 21.77 266.96TOTAL CURRENT LIABILITIES 1,221.48 15,058.16 578.77 7,095.73TOTAL EQUITY AND LIABILITIES 2,457.74 30,298.53 463.96 5,688.15Alok SaxenaChairman of the Board99