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

SCHEDULES
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UFLEX LIMITED
Transactions Wholly
owned
Subsidiaries
TWENTIETH ANNUAL REPORT 2008 - 2009
Fellow
Subsidiaries
Associate Key
Management
Personnel &
their Relatives
Enterprises
as referred
to in 'a (v)'
above
(Rs.in lacs)
Total
Recovery of Loan Given 1312.66 - - - - 1312.66
1450.00 - - - - 1,450.00
Investment in Shares 18052.82 - - - - 18052.82
3177.31 - - - - 3177.31
Sale of Investment - - - - 288.00 288.00
- - - - - -
Forfeiture of Warrants - - - - 997.50 997.50
- - - - - -
Total 60041.47 478.11 440.85 1043.79 4939.61 66943.83
Balance as on 31.03.2009
18253.53 - 1283.53 1121.88 7434.85 28093.79
Debit 13997.82 726.00 - - - 14723.82
4688.09 - 3.13 - 8.43 4699.65
Credit 972.74 - 291.73 - 378.31 1642.78
86.40 - - - 882.11 968.51
Note: Previous Year fi gures have been given in Italic.
19 In accordance with the Accounting Standard-22 (AS-22), regarding ‘Accounting for Taxes on Income’, issued by The Institute of
Chartered Accountants of India, the Cumulative Tax eff ects of signifi cant timing diff erences, that resulted in Deferred Tax Asset
& Liabilities and description of item thereof that creates these diff erences are as follows :
Deferred Tax
Assets/
(Liability)
As At
01.04.2008
Current
Year
(Charge)/
Credit
(Rs.in lacs)
Deferred Tax
Assets/
(Liability)
As At 31.03.2009
A. Deferred Tax Assets
Unabsorbed Depreciation under the Income Tax Act,1961 2396.91 (2396.91) -
Unabsorbed business loss under the Income Tax Act,1961 1000.19 (1,000.19) -
Others 8056.52 (200.59) 7855.93
Total (A) 11453.62 (3597.69) 7855.93
B. Deferred Tax Liabilities
Excess of Book WDV of Fixed Assets over Tax WDV of Fixed Assets (17021.61) 131.30 (16890.31)
Total (B) (17021.61) 131.30 (16890.31)
Net Deferred Tax (Liability) (A-B) (5567.99) (3466.39) (9034.38)