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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PROFIT & LOSS ACCOUNT<br />
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2009<br />
Schedule<br />
Number<br />
UFLEX LIMITED<br />
For the<br />
Year Ended<br />
31.03.2009<br />
TWENTIETH ANNUAL REPORT 2008 - 2009<br />
(Rs. in lacs)<br />
For the<br />
Year Ended<br />
31.03.2008<br />
A. INCOME<br />
Gross Sales & Job Work 16 189283.29 160682.00<br />
Less : Inter unit Sales & Job Work 22630.36 19070.70<br />
Less : Exc<strong>is</strong>e Duty 14630.43 14816.68<br />
Net Sales & Job Work 152022.50 126794.62<br />
Other Income 17 15160.73 11790.30<br />
(Decrease) / Increase in Fin<strong>is</strong>hed Goods & Work-in-Progress 18 (493.78) 1057.70<br />
TOTAL (A) : 166689.45 139642.62<br />
B. EXPENDITURE<br />
Material Cost 19 88336.33 79459.64<br />
Other Manufacturing Expenses 20 20883.21 16962.13<br />
Payments & Benefi ts <strong>to</strong> Employees 21 9003.89 7855.53<br />
Admin<strong>is</strong>trative, Selling & Other Expenses 22 20458.99 13260.04<br />
Interest & Financial Charges 23 9342.05 7753.11<br />
Depreciation 8645.52 7677.34<br />
TOTAL 156669.99 132967.79<br />
Less : Expenses Allocated <strong>to</strong> Self Constructed Assets 24 679.44 466.71<br />
TOTAL (B) : 155990.55 132501.08<br />
Profi t before Tax and Exceptional Items (A-B) 10698.90 7141.54<br />
(Less): Prov<strong>is</strong>ion for Taxation<br />
- For Income Tax (1023.86) (759.00)<br />
- For Fringe Benefi t Tax (135.60) (170.88)<br />
- For Wealth Tax (16.01) (18.87)<br />
(Less) : Prov<strong>is</strong>ion for Deferred Tax (Charge) (2381.94) -<br />
Exceptional Items (Net of Tax) 26 (Note No.10) 3320.38 -<br />
Profi t After Tax 10461.87 6192.79<br />
Add / (Less) :Excess / (Short) Prov<strong>is</strong>ion for earlier years<br />
- For Wealth Tax -<br />
0.01<br />
- For Income Tax (3.01) 48.61<br />
- For Fringe Benefi t Tax -<br />
(142.64)<br />
- For Expenses (0.66) (47.72)<br />
Amount available for Appropriations<br />
Appropriations<br />
10458.20 6051.05<br />
Proposed Dividend 2600.26 2600.26<br />
Proposed Dividend D<strong>is</strong>tribution Tax 441.92 441.92<br />
General Reserve 1046.00 610.00<br />
Debenture Redemption Reserve 1984.90 163.96<br />
Balance carried <strong>to</strong> Balance Sheet 4385.12 2234.91<br />
10458.20 6051.05<br />
A. Before Exceptional Items<br />
a. Basic Earning Per Share (Rs.) 10.98 10.89<br />
b. Diluted Earning Per Share (Rs.) 8.97 7.46<br />
B. After Exceptional Items<br />
a. Basic Earning Per Share (Rs.) 16.09 10.89<br />
b. Diluted Earning Per Share (Rs.) 13.07 7.46<br />
Notes : 1. The Schedules referred <strong>to</strong> above form an integral part of the Profi t & Loss Account.<br />
2. Signifi cant Accounting Policies and Notes forming part of the Accounts as per Schedules 25 & 26 respectively are annexed and form<br />
an integral part of the Profi t & Loss Account.<br />
R.K.Jain<br />
President (Corp. Finance & Accounts)<br />
Rakesh Malhotra<br />
General Manager (Accounts)<br />
Place : NOIDA<br />
Dated : 30 th July, 2009<br />
For and on behalf of the Board of Direc<strong>to</strong>rs<br />
R.P.Agrawal<br />
Direc<strong>to</strong>r<br />
Ajay Kr<strong>is</strong>hna<br />
Vice President (Legal) &<br />
Company Secretary<br />
Ashok Chaturvedi<br />
Chairman & Managing Direc<strong>to</strong>r<br />
Th<strong>is</strong> <strong>is</strong> the Profi t and Loss Account<br />
referred <strong>to</strong> in our report of even date<br />
For Vijay Sehgal & Co.<br />
Chartered Accountants<br />
S.V.Sehgal<br />
Partner<br />
| 27 |<br />
C O M P A N Y
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