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.
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
SCHEDULES<br />
| 44 |<br />
UFLEX LIMITED<br />
Current Year Previous Year<br />
(B) (i) Opening Balance of Equity Shares<br />
Add :<br />
65006646 51630646<br />
Weighted Average Fac<strong>to</strong>r of Equity Shares Issued<br />
Weighted Average Number of Equity Shares (viz. denomina<strong>to</strong>r) for Basic Earning<br />
- 3938315<br />
Per Share 65006646 55568961<br />
(ii) Opening Balance of Equity Shares<br />
Add :<br />
65006646 51630646<br />
Weighted Average Fac<strong>to</strong>r of FCCB's 7247989 20061486<br />
Weighted Average Fac<strong>to</strong>r of Equity Warrants 8735000 8537606<br />
Weighted Average Fac<strong>to</strong>r of Equity Shares Issued<br />
Weighted Average Number of Equity Shares (viz. denomina<strong>to</strong>r) for Diluted<br />
- 837603<br />
Earning Per Share 80989635 81067341<br />
(C) Nominal <strong>Value</strong> Per Share Rs. 10/- Rs. 10/-<br />
(D) (i) Before Exceptional Items<br />
(a) Basic Earning Per Share (A(i)/B(i)) (Rs.) 10.98 10.89<br />
(b) Diluted Earning Per Share (A(i)/B(ii)) (Rs.) 8.97 7.46<br />
(ii) After Exceptional Items<br />
(a) Basic Earning Per Share (A(ii)/B(i)) (Rs.) 16.09 10.89<br />
(b) Diluted Earning Per Share (A(ii)/B(ii)) (Rs.) 13.07 7.46<br />
17 SEGMENT DISCLOSURE :<br />
Consequent upon the strategic business re-structuring considering business synergies, r<strong>is</strong>ks & returns and assets of the<br />
Company, there <strong>is</strong> only one reportable segment. Accordingly, segment w<strong>is</strong>e reporting <strong>is</strong> not applicable. However geographical<br />
d<strong>is</strong>tribution of revenue <strong>is</strong> as under :<br />
(Rs.in lacs)<br />
Current Year Previous Year<br />
Domestic Revenue<br />
Export Revenue :<br />
134285.86 111101.28<br />
USA 11560.16 8132.89<br />
Europe 5496.47 6597.71<br />
Asia 8327.21 8535.15<br />
Africa 4825.68 7640.97<br />
Others 2426.42 93.70<br />
Total Export Revenue 32635.94 31000.42<br />
Total Revenue* 166921.80 142101.70<br />
* Includes Design & Art Work Recoveries shown under the head "Other Income"-Schedule No.-17<br />
18 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 />
(a) L<strong>is</strong>t of Related Parties:<br />
i) Wholly Owned Subsidiaries : Flex America Inc., Flex Middle East FZE , Flex Europe Pvt. <strong>Ltd</strong>., Ufl ex Packaging Inc. Upet<br />
Holding <strong>Ltd</strong>., UBIO Chemicals <strong>Ltd</strong>. (up<strong>to</strong> 29.03.2009) and U Tech Developers <strong>Ltd</strong>.<br />
ii) Fellow Subsidiaries : UPET (Signapore) Pte. <strong>Ltd</strong>., Flex Americas S.A. de C.V., UTech Retailers <strong>Ltd</strong>. and AKC Developers<br />
<strong>Ltd</strong>.<br />
iii) Associate : Flex Foods Limited<br />
iv) Key Management Personnel & their relatives (also exerc<strong>is</strong>ing signifi cant infl uence over the Company) : Mr. Ashok<br />
Chaturvedi, Chairman & Managing Direc<strong>to</strong>r (relative Mrs. Rashmi Chaturvedi) and Mr. S.K. Kaushik, Wholetime<br />
Direc<strong>to</strong>r<br />
TWENTIETH ANNUAL REPORT 2008 - 2009
Change language