UBHL annual report - United Spirits Limited

Statement of Profit and Loss for the year ended March 31, 2012RevenueRs. MillionNote 2012 2011Revenue from Operations 12 160,464.333 128,366.032Less: Excise Duty 85,037.589 64,677.13375,426.744 63,688.899Other Income 13 1,775.872 965.13977,202.616 64,654.038ExpensesCost of Materials Consumed 14 38,261.482 30,956.512Purchase of Traded Goods 8,592.734 7,624.918Change in inventories of Finished Goods, Work-in-Progressand Stock-in-trade 15 (1,798.208) (2,773.308)Employee Benefits expense 16 4,210.075 3,698.151Finance Costs 17 5,512.665 4,674.673Depreciation and Amortisation Expense 608.453 477.470Other expenses 18 16,668.360 14,547.94472,055.561 59,206.360Profit before Exceptional items and Taxation 5,147.055 5,447.678Exceptional items [Refer Note 19] (108.163) 368.399Profit before Taxation 5,038.892 5,816.077Tax Expense:Current Tax 1,695.000 1,793.500Deferred Tax Charge / (Credit) (84.049) 167.865Profit for the year 3,427.941 3,854.712Basic / Diluted Earnings Per Share (Face value of Rs.10 each) 26.21 29.47Significant accounting policies 1The accompanying notes are an integral part of the financial statements.This is the Statement of Profit and Lossreferred to in our report of even dateFor Walker, Chandiok & Co VIJAY MALLYA ASHOK CAPOORChartered Accountants Chairman Managing DirectorM.R. DORAISWAMY IYENGARDirectorP.A. MURALIChief Financial Officerper Aashish Arjun SinghPartnerV.S. VENKATARAMANCompany SecretaryPlace : MumbaiDate : May 29, 201229