UBHL annual report - United Spirits Limited

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Consolidated Financial StatementsNotes to the financial statements for the year ended March 31, 2012 (Contd.)6. Fixed Assets Rs. Million6.1 TangibleLand2011TranslationAdjustmentsGROSS BLOCK DEPRECIATION NET BLOCKon Amalgamation(Note 4)AdditionsDeletion/Adjustments2012 2011TranslationAdjustmentson Amalgamation(Note 4)For theyearDeletion/Adjustments2012 2012 2011Freehold 3,198.779 23.170 52.178 126.405 - 3,400.532 - - - - - - 3,400.532 3,198.779Leasehold 112.263 - - - - 112.263 - - - - - - 112.263 112.263Buildings(Notes 1, 2 and 3 below)5,863.470 396.843 274.456 1,207.239 218.703 7,523.305 1,254.898 90.619 85.919 121.673 1.951 1,551.158 5,972.147 4,608.573Plant and Equipment 10,802.533 744.829 3,139.494 2,082.091 178.395 16,590.552 5,036.045 438.459 548.241 851.750 109.068 6,765.426 9,825.125 5,766.488Furniture and Fixture 1,015.085 52.080 3.106 39.111 1.880 1,107.502 401.130 38.031 2.067 71.999 0.993 512.235 595.267 613.955Office Equipments:Finance Lease 7.024 - - 21.174 - 28.198 3.389 - - 13.361 - 16.750 11.448 3.635Others 278.484 24.770 5.334 60.325 4.734 364.179 239.837 20.582 1.764 50.319 3.207 309.295 54.885 38.648Vehicles:Finance Lease 15.778 - - 13.293 8.159 20.911 11.907 - - 4.030 7.601 8.336 12.575 3.871Others 233.687 2.954 7.277 54.511 11.833 286.596 161.764 2.740 13.992 22.475 9.855 191.117 95.480 71.923Aircraft 186.290 - - - - 186.290 60.886 - - 17.056 - 77.942 108.348 125.40421,713.393 1,244.646 3,481.843 3,604.149 423.704 29,620.328 7,169.856 590.431 651.983 1,152.663 132.675 9,432.261 20,188.069 14,543.539Land2010TranslationAdjustmentsGROSS BLOCK DEPRECIATION NET BLOCKon Amalgamation(Note 4)AdditionsDeletion/Adjustments2011 2010TranslationAdjustmentson Amalgamation(Note 4)For theyearDeletion/Adjustments2011 2011 2010Freehold 2,643.568 80.546 474.600 0.065 - 3,198.779 - - - - - - 3,198.779 2,643.568Leasehold 185.608 (73.345) - - - 112.263 - - - - - - 112.263 185.608Buildings4,954.725 148.333 80.038 716.712 36.338 5,863.470 1,093.115 (74.139) 5.667 247.623 17.369 1,254.898 4,608.573 3,861.610(Notes 2 and 3 below)Plant and Equipment 9,177.728 220.056 248.750 1,387.703 231.704 10,802.533 4,375.841 246.640 42.012 515.606 144.053 5,036.045 5,766.488 4,801.887Furniture and Fixture 549.850 169.620 - 75.422 (220.194) 1,015.085 232.140 82.548 - 24.614 (61.828) 401.130 613.955 317.710Office Equipments:Finance Lease 21.398 (0.618) - - 13.756 7.024 14.274 (1.133) - 4.004 13.756 3.389 3.635 7.124Others 573.442 (360.529) 6.630 63.954 5.013 278.484 284.275 (129.169) 1.615 88.137 5.021 239.837 38.648 289.167Vehicles:Finance Lease 16.617 - - - 0.839 15.778 9.168 - - 3.578 0.839 11.907 3.871 7.449Others 165.045 31.020 30.887 25.342 18.606 233.687 157.447 (8.114) 8.471 18.947 14.987 161.764 71.923 7.598Aircraft 186.290 - - - - 186.290 48.035 - - 12.851 - 60.886 125.404 138.25518,474.271 215.083 840.905 2,269.198 86.062 21,713.393 6,214.295 116.633 57.765 915.360 134.197 7,169.856 14,543.539 12,259.97687
Consolidated Financial StatementsNotes to the financial statements for the year ended March 31, 2012 (Contd.)6.2 IntangibleRs. MillionTrademark, Formulaeand License2011TranslationAdjustmentsGROSS BLOCK AMORTISATION NET BLOCKon Amalgamation(Note 4)AdditionsDeletion/Adjustments2012 2011TranslationAdjustmentson Amalgamation(Note 4)For theyearDeletion/Adjustments2012 2012 2011325.180 39.169 - - - 364.349 106.670 11.586 - 33.547 - 151.802 212.547 218.510Franchisee Rights 4,932.988 120.905 - 2,271.371 - 7,325.264 295.980 10.075 - 287.938 - 593.993 6,731.271 4,637.0085,258.168 160.074 - 2,271.371 - 7,689.613 402.650 21.661 - 321.485 - 745.795 6,943.818 4,855.518Trademark, Formulaeand License2010TranslationAdjustmentsGROSS BLOCK AMORTISATION NET BLOCKon Amalgamation(Note 4)AdditionsDeletion/Adjustments2011 2010TranslationAdjustmentson Amalgamation(Note 4)For theyearDeletion/Adjustments2011 2011 2010337.343 220.707 - 0.206 233.076 325.180 81.643 83.378 - 9.252 67.603 106.670 218.510 255.700Franchisee Rights 4,932.988 - - - - 4,932.988 197.320 - - 98.660 - 295.980 4,637.008 4,735.6685,270.331 220.707 - 0.206 233.076 5,258.168 278.963 83.378 - 107.912 67.603 402.650 4,855.518 4,991.368Notes:1. The cost of Building amounting to Rs.331.428 Million is yet to be registered in the name of the Company2. Cost of buildings includes the following payments made for the purpose of acquiring the right of occupation of Mumbai godown space:i) 660 equity shares (unquoted) of Rs.100 each fully paid in Shree Madhu Industrial Estate Limited Rs.0.066 Million (2011: Rs.0.066 Million). Application has been made for duplicate sharecertificates and the same is in the process.ii) 199, 6% Debentures (unquoted) of Rs.1,000 each fully paid in Shree Madhu Industrial Estate Limited Rs. 0.199 Million (2011: Rs.0.199 Million). Application has been made for duplicatedebentures certificates and the same is in the process.iii) Deposit with Shree Madhu Industrial Estate Limited Rs. 0.132 Million (2011: Rs. 0.132 Million)3. Include value of fully paid shares Rs. 0.006 Million (2011: Rs 0.006 Million) held in Co-operative Housing Societies.4. Includes additions/deletions (Gross Block) and depreciation of the subsidiary companies acquired during the year.5. There has been change in accounting policy for depreciation in case of Sovereign Distilleries Limited. As a result there has been a reversal of depreciation expense to the extent ofRs. 40.430 Million for the current year.6. During the year there was a change to the intented use of these properties which has resulted to their reclassification from Tangible Fixed Assets to investment property (carried at cost).7. Previous year’s figures have been regrouped / re-arranged wherever necessary.88
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The TeamAshok CapoorPresident & MDP
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Report of the DirectorsYour Directo
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Report of the Directors (Contd.)Cou
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Report of the Directors (Contd.)ANN
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Report of the Directors (Contd.)SL.
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Corporate Governance Report (Contd.
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CERTIFICATE ON CORPORATE GOVERNANCE
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Annexure to Report of the Directors
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Annexure to the Auditors' ReportAnn
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Appendix 1* to the Auditor's Report
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Statement of Profit and Loss for th
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Cash Flow statement for the year en
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Notes to the financial statements f
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Notes to the financial statements f
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UBHL annual report - United Spirits Limited

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