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

DIRECTOR’S AKC DEVELOPERS REPORT LIMITED
UFLEX LIMITED
As at
31.03.2009
(Rupees)
As at
31.03.2008
(Rupees)
5 DEFERRED TAX ASSETS
Opening Balance 27,366 14,022
Add: Provision of Deferred Tax Credit / (Charge) for the year 407,987 13,344
TOTAL: 435,353 27,366
6 INVESTMENTS
SHORT TERM INVESTMENTS
Investment in mutual Funds** 37,833,176 –
TOTAL: 37,833,176 –
** Refer Note No:- 13 of Schedule: -22
7 INVENTORIES
Stores & Consumables 195,720 –
Work-in-Progress 300,000 –
TOTAL: 495,720 –
8 SUNDRY DEBTORS
(Unsecured, Considered Good)
A. Debts outstanding for a period exceeding six months – –
B. Other debts 19,637,456 –
TOTAL: 19,637,456 –
9 CASH & BANK BALANCES
Cash in Hand 10,012 8,203
Balances with Scheduled Banks :
- On Current Accounts 253,634 197,242
- On Escrow Account 24,440 –
- On Fixed Deposit Accounts @ 35,225,000 –
- On Margin Money Accounts 5,335,050 –
TOTAL: 40,848,136 205,445
@ Pledged with Banks as margin against Guarantees
10 OTHER CURRENT ASSETS
- Interest Accrued but not due on Fixed Deposit 2,690,816 –
TOTAL: 2,690,816 –
11 LOANS AND ADVANCES
(Unsecured, Considered Good)
Advances recoverable in cash or in kind or for value to be received 193,331,821 –
Security & Other Deposits 3,672,002 2,180,000
TOTAL: 197,003,823 2,180,000
12 CURRENT LIABILITIES
Sundry Creditors 7,155,178 –
Advance from Customers 12,070,429 –
Other Liabilities 855,501 128,438
TOTAL: 20,081,108 128,438
13 PROVISIONS
Income Tax (Net of provision) 459 –
Fringe Benefi ts Tax (Net of Provision) 67,000 –
Gratuity Payable 109,972 –
Leave Encashment 104,110 –
Staff Benefi ts 197,915 –
TOTAL: 479,456 –
TWENTIETH ANNUAL REPORT 2008 - 2009 | 165 |
S U B S I D I A R I E S