Financial Statements - Hemas Holdings, Ltd

Hemas Holdings PLC - Annual Report 2007 - 2008Notes to the Financial StatementsGroupCompany2008 2007 2008 2007Rs. Rs. Rs. Rs.3. REVENUESummarySales of Goods 7,258,864,579 6,700,092,278 - -Rendering of Services 6,904,940,345 5,078,043,917 224,683,897 126,704,98214,163,804,924 11,778,136,195 224,683,897 126,704,982Segment information is given in Note 38 to these financial statements.4. DIVIDEND INCOMEIncome from Investments - Related Parties - - 157,137,674 59,670,000- Others 738,337 1,225,585 - 504,089738,337 1,225,585 157,137,674 60,174,0895. OTHER INCOME AND GAINSProfit on Disposal of Investments 60,490,599 2,300,639 - 2,417,200Gain/Surplus on Disposal and Acquisition 7,344,168 33,738,643 - -Rental Income 2,730,000 5,459,888 - -Commission Income 12,285,856 6,717,839 - -Exchange Gain 24,564,624 44,418,868 - -Sundry Income 21,498,359 32,560,199 61,535 2,304,391Travel Counter Income 3,155,689 21,604,316 - -Profit on Disposal of Trade Marks - 15,000,000 - -132,069,295 161,800,392 61,535 4,721,5916. FINANCE COST AND INCOME6.1 Finance CostInterest Expense on Overdrafts 146,366,561 68,803,653 308,798 132,700Interest Expense on Loans and Borrowings - Rupee 62,316,832 65,429,269 42,176,110 42,467,030- USD 131,506,742 131,578,363 - -Debenture Interest 4,619,774 5,739,909 - -Bank Guarantee Charges 833,677 631,514 - -Finance Charges on Lease Liabilities 920,959 743,757 - -346,564,545 272,926,465 42,484,908 42,599,73068