Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.

DIRECTOR’S U TECH DEVELOPERS REPORT LIMITED
SCHEDULE : 5
INVESTMENTS
LONG TERM INVESTMENTS
Particulars Description Face Value Numbers
UFLEX LIMITED
As At
31-Mar-09
(Rupees)
As At
31-Mar-08
(Rupees)
UNQUOTED
FULLY PAID UP
IN SUBSIDIARIES
AKC Developers Ltd. Equity Rs.10/- 1049999 10,499,990 –
AKC Developers Ltd. Preference Rs.100/- 1925000 192,500,000 –
Utech Retailers Ltd. Equity Rs.10/- 50000 500,000 –
INVESTMENT IN JOINT-VENTURE
Qcell Limited (Pending for Allotment) 73,470,000 –
276,969,990 –
SCHEDULE : 6
STOCK IN TRADE
Traded Goods 538,760,000 538,760,000
538,760,000 538,760,000
SCHEDULE : 7
SUNDRY DEBTORS
Debtors outstanding for a period exceeding 6 month 262,654,807 -
Others - 265,154,807
262,654,807 265,154,807
SCHEDULE : 8
CASH & BANK BALANCES
Cash In Hand 109,595 35,519
Balance with Scheduled Bank
In current Account 11,709,245 12,172,302
11,818,840 12,207,821
SCHEDULE : 9
OTHER CURRENT ASSETS
Pre paid expenses 48,878 26,875
Interest accrued but not due 266,639 -
315,517 26,875
SCHEDULE : 10
LOANS & ADVANCES
Income Tax (Net of Provision) 15,562,455 16,772,257
Advance against Property 1,681,505,000 1,283,980,000
Loan to a subsidiary* 11,573,679 -
Other Advances 80,182,884 9,661,854
*(Maximum balance outstanding during the year Rs.1,15,73,679/-(Previous year Nil)
1,788,824,018 1,310,414,111
SCHEDULE : 11
CURRENT LIABILITIES
Advances 380,000,000 350,000,000
Sundry Creditors
Trade Creditors 269,380,000 269,380,000
Creditors for Expenses 76,226 284,286
Expenses Payable 120,440 -
Duty & Taxes
TDS Payable 9,505,651 3,518,926
659,082,317 623,183,212
TWENTIETH ANNUAL REPORT 2008 - 2009 | 139 |
S U B S I D I A R I E S