Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.
Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.
Our endeavour is to enhance Stakeholders' Value - Uflex Ltd.
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DIRECTOR’S AKC DEVELOPERS REPORT LIMITED<br />
9. EARNING PER SHARE<br />
UFLEX LIMITED<br />
The following d<strong>is</strong>closure <strong>is</strong> made, as required by Accounting Standard-20 (AS-20) on “Earning Per Share”, <strong>is</strong>sued by The Institute<br />
of Chartered Accountants of India :-<br />
| 170 | TWENTIETH ANNUAL REPORT 2008 - 2009<br />
Current Year<br />
(Rs.)<br />
Previous Year<br />
(Rs.)<br />
(A) Net Profi t as per Profi t & Loss Account available for equity share holders 2,845,205 (156,164)<br />
(B) Weighted Average Number of Equity Shares (viz. denomina<strong>to</strong>r)<br />
for Basic Earning Per Share<br />
372,500 60,000<br />
(C) Nominal <strong>Value</strong> Per Share Rs. 10/- Rs. 10/-<br />
(D) Basic and Diluted Earning Per Share 7.64 (2.60)<br />
10. SEGMENT DISCLOSURE:<br />
Based on the Business Synergies, r<strong>is</strong>ks & returns, there <strong>is</strong> only one reportable segment in terms of the Accounting Standard<br />
(AS)-17 “ Segment Reporting”<br />
11. Following d<strong>is</strong>closures are made, as per Accounting Standard-18 (AS-18), regarding, “Related Party D<strong>is</strong>closures”, <strong>is</strong>sued by The<br />
Institute of Chartered Accountants of India:-<br />
i) L<strong>is</strong>t of Related Parties:<br />
A. Holding Company<br />
UTech Developers <strong>Ltd</strong>. (70 % Share holding )<br />
B. Fellow Subsidiaries<br />
UTech Retailers <strong>Ltd</strong>.<br />
C. Ultimate Holding Company<br />
UFLEX Limited<br />
D. Subsidiaries & Step Subsidiaries of Ultimate Holding Company<br />
Flex America Inc., USA, Flex Middle East FZE., UAE , Flex Europe Pvt. <strong>Ltd</strong>., UK, Ufl ex Packaging Inc., USA , UPET Holdings<br />
<strong>Ltd</strong>., Mauritius, UPET (Singapore) Pte. <strong>Ltd</strong>., Singapore , FLEX Americas S.A. de C.V., Mexico, Flex P. Films (Egypt) S.A.E.,<br />
UBIO Chemicals <strong>Ltd</strong>. (Up <strong>to</strong> 29.03.2009).<br />
E. Enterpr<strong>is</strong>e for which Reporting Enterpr<strong>is</strong>es <strong>is</strong> an Associate<br />
Hanjer Biotech Energies Pvt. <strong>Ltd</strong>.<br />
F. The Company has entered in<strong>to</strong> transactions with certain parties l<strong>is</strong>ted above during the year under consideration,<br />
details of these transactions are as follows:<br />
Transaction Parties<br />
referred <strong>to</strong><br />
(i)(A) above<br />
Parties<br />
referred <strong>to</strong><br />
(i)(B) above<br />
Parties<br />
referred <strong>to</strong><br />
(i)(C) above<br />
Parties<br />
referred <strong>to</strong><br />
(i)(D) above<br />
(Rs. in Lacs)<br />
Parties<br />
referred <strong>to</strong><br />
(i)(E) above<br />
i) Trade Transactions - - - - -<br />
Rent paid - - 0.05 - -<br />
ii) Non Trade Transactions<br />
Allotment of Shares:a.<br />
Preference 1925 - - - 550<br />
b. Equity 105 - - - 30<br />
Share Application Received & Refunded 204 - - - -<br />
Total 2234 - 0.05 - 580<br />
Credit Balance as on 31/03/2009 - - - - 0.73
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