president & cfo - UB Group

Schedules forming part of account for the year ended March 31, 2009 (Contd.)Rs. Million19. Directors’ Commission2009 2008Computation of Net Profits under Section 198 of the Companies Act, 1956Net Profit before Taxation 4,591.604 4,849.662Add: Depreciation as per Books 361.565 326.112Remuneration to Managing Director 42.362 31.439Directors’ Fees 1.180 1.070Directors’ Commission 48.727 51.044Book deficit/(surplus) on fixed assets sold,written-off, etc (net) as per books (45.105) 20.354Provision for Doubtful Debts 210.345 171.171Diminution in value of Investments 0.030 0.0515,210.708 5,450.903Less: Depreciation under Section 350 of the Companies Act, 1956 361.565 326.112Profit on Sale of Investments 3.355 -Deficit/(Surplus) on disposal of fixed assets underSection 349 of the Companies Act, 1956 (26.891) 20.354Net profit 4,872.679 5,104.437Commission 1% thereof 48.727 51.044The total remuneration as stated above is within the maximum permissible limit under the Companies Act, 1956.20. Quantitative Information in respect of goods manufactured and sold by the Companya. Particulars of Capacity and Production:DescriptionBeverage Alcohol[Note (i)]UnitLicensedCapacity2009 2008InstalledCapacityActualProduction(Note iv)LicensedCapacityInstalledCapacityActualProductionLtrs 201,627,259 229,217,267 186,609,997 164,560,592 192,150,600 150,225,898Notes:i. Includes alcohol produced and bottled out of purchased rectified spirit. This activity is not considered asmanufacture under the Industries (Development and Regulation) Act, 1951.ii. The Company's applications for the Carry On Business licenses for certain Units are still pending with theauthority.iii. The Licensed and Installed Capacity has been certified by the Company’s management and relied upon bythe Auditors, this being a technical matter.iv. Includes production at manufacturing facilities taken on lease.66