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Notes to the Financial Statementfor the financial year ended 31st March, 2009128129USD Rs. USD Rs.2009 2009 2008 20088. OTHER RECEIVABLESInterest Receivable 61,166 2,841,161 - -Prepayment 25,022 1,162,272 51,947 2,084,633Other Debtors 40,728 1,891,816 2,117 84,955Advance to Suppliers - - 248,521 9,973,148126,916 5,895,248 302,585 12,142,736The carrying amount of other receivables approximate their fair value.The company’s other receivables are denominated in the following urrencies:United States dollar 121,318 5,635,221 2,117 84,955British pound 3,251 151,009 7,789 312,573Singapore dollar 2,347 109,018 292,679 11,745,208126,916 5,895,248 302,585 12,142,7369. INVENTORIESMachines 1,691,574 78,573,612 18,178,322 729,496,062Spare parts 725,153 33,683,357 1,343,714 53,923,243Total inventories at cost 2,416,727 1,12,256,969 19,522,036 783,419,305Stocks in transit 575,054 26,711,258 512,904 20,582,838Less: Allowance for slow moving inventories (279,375) (12,976,969) -2,712,406 1,25,991,259 20,034,940 804,002,14210. TRADE PAYABLESThird Parties 1,123,776 52,199,395 13,827,120 554,882,326Related Parties 28,027 1,301,854 39,665 1,591,7561,151,803 53,501,249 13,866,785 556,474,082The amounts owing to holding company are unsecured, interest free and are repayable within the next twelve months.The carrying amounts of trade payables approximate their fair values and are denominated in the following currencies:United States Dollar 1,151,803 53,501,249 13,688,249 549,309,432Singapore Dollar - - 178,536 7,164,6501,151,803 53,501,249 13,866,785 556,474,08211. OTHER PAYABLESAccruals for Operating Expenses 11,000 510,950 39,873 1,600,103Advance from customers 46,038 2,138,465 2,634,213 105,710,968Other creditors 427,019 19,835,033 1,529,701 61,386,901Amount owing to related company 3,342,838 155,274,825 4,819,766 193,417,2103,826,895 177,759,273 9,023,553 362,115,182Amount owing to related company is non-trade in nature, bearing interest at 8.5% (2008: 17%) per annum, unsecured and repayable withinthe next twelve months.Other creditors mainly represent interest payable to related company and provision of management fees.The carrying amounts of other payables approximate their fair value and are denominated in the following currencies:United States Dollar 3,825,593 177,698,795 8,986,616 360,632,900Singapore Dollar 1,302 60,478 36,937 1,482,2823,826,895 177,759,273 9,023,553 362,115,18212. SHARE CAPITALIssued and fully paid107,577 ordinary shares 708,012 32,887,157 708,012 28,412,522All issued ordinary shares are fully paid. There is no par value for these ordinary shares.The holder of ordinary shares is entitled to receive dividend as declared from time to time and entitled to one vote per share at meeting ofthe company. All shares rank equally with regard to the company’s residual assets.Financial Statements (TILO)