INDIAN RAYON AND INDUSTRIES LIMITED - Aditya Birla Nuvo, Ltd

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Balance Sheet as at 31st March, 2001SOURCES OF FUNDSAPPLICATION OF FUNDS42123As at 31st As at 31stSchedule March, 2001 March, 2000Rs. in Crores Rs. in CroresSHAREHOLDERS’ FUNDSShare CapitalReserves & Surplus‘1’‘2’59.881096.0559.881047.691155.93 1107,57LOAN FUNDSSecured Loans ‘3’ 451.13 450.03Unsecured Loans ‘4’ 16.82 146.14467.95 596.17TOTAL FUNDS EMPLOYED 1623.88 1703.74FIXED ASSETSGross BlockLess : Depreciation‘5’ 1244.58438.011213.05371.15Net Block 806.57 841.90Capital Work-in-Progress 1.07 14.53807.64 856.43ASSETS HELD FOR DISPOSALINVESTMENTS ‘6’19.58343.8243.07344.16CURRENT ASSETS, LOANS & ADVANCES:Inventories ‘7’ 276.45 266.65Sundry DebtorsCash & Bank Balances‘8’‘9’214.2514.07200.3832.46Interest accrued on Investments 0.05 1.95Loans & Advances ‘10’ 108.03 112.03612.85 613.47Less : CURRENT LIABILITIES <strong>AND</strong> PROVISIONS: ‘11’Current Liabilities 154.96 165.41Provisions 19.79 6.65174.75 172.06NET CURRENT ASSETSMiscellaneous expenditure (to the extent438.10 441.41not written off or adjusted)Marketing/Technical know-how 14.74 18.67TOTAL FUNDS UTILISED 1623.88 1703.74Significant Accounting Policies andNotes on Accounts ‘19’Schedules referred to above form an integral part of the accountsAs per our attached Report of even date.For LODHA & CO., For KHIMJI KUNVERJI & CO., ADESH GUPTA Chairman : KUMAR MANGALAM BIRLAChartered Accountants Chartered Accountants President & CFO Directors : B. R. GUPTASIDDHARTHA SENN. KISHORE BAFNA SHIVJI K. VIKAMSEY ASHOK MALU B. L. SHAHPartner Partner Company Secretary H. J. VAIDYAMumbai, 26th April, 2001TARJANI VAKIL
Profit & Loss Account for the year ended 31st March, 20012000-2001 1999-2000Schedule Rs. in Crores Rs. in CroresINCOMESales 1525.95 1187.14Other Income ‘12’ 31.73 52.21Increase/(Decrease) in Stocks ’13’ 6.45 21.241564.13 1260.59EXPENDITURECost of Materials ‘14’ 648.28 507.81Manufacturing Expenses ‘15’ 241.34 186.11Salaries, Wages and Employee BenefitsSelling and Other Expenses‘16’‘17’118.51224.30108.24137.97Excise Duty 109.76 115.05Shares buy-back expenses — 0.99Interest and Other Finance Expenses ‘18’ 74.69 74.331416.88 1130.50Profit before Depreciation/Amortisatiion and Exceptional items 147.25 130.09Depreciation/Amortisation 69.52 71.90Less : Transfer from Revaluation Reserve 0.37 0.38Marketing/Technical knowhow expenditure written off 3.93 0.98Profit before Exceptional items and Tax 74.17 57.59Exceptional loss due to exit from Sea Water Magnesia business — 298.82Provision for Income Tax 5.65 —Profit/(Loss) after Exceptional items 68.52 (241.23)Transfer from Debenture redemption reserve — 71.11Balance brought forward 30.55 207.32Profit Available for Appropriation 99.07 37.20APPROPRIATIONSProposed Dividend 17.96 5.99Corporate Tax on Proposed Dividend 1.83 0.66Debenture Redemption ReserveGeneral Reserve14.916.85——Surplus carried to Balance Sheet 57.52 30.5599.07 37.20Significant Accounting Policies and Notes on AccountsSchedules referred to above form an integral part of the accounts‘19’As per our attached Report of even date.For LODHA & CO., For KHIMJI KUNVERJI & CO., ADESH GUPTA Chairman : KUMAR MANGALAM BIRLAChartered Accountants Chartered Accountants President & CFO Directors : B. R. GUPTASIDDHARTHA SENN. KISHORE BAFNA SHIVJI K. VIKAMSEY ASHOK MALU B. L. SHAHPartner Partner Company Secretary H. J. VAIDYATARJANI VAKILMumbai, 26th April, 200143
Page 1 and 2: BOARD OF DIRECTORSShri Kumar Mangal
Page 3 and 4: Simultaneously, we will concentrate
Page 5 and 6: Mavoor, which were rendered unviabl
Page 7 and 8: SEGMENTAL ANALYSIS AND REVIEWThe ne
Page 9 and 10: On the upside is the structural cha
Page 11 and 12: Benefiting from the shifting focus
Page 13 and 14: • Volume Enhancement: Efforts on
Page 15 and 16: Outlook for Indian Rayon’s Insula
Page 17 and 18: Net ProfitNet Profit has gone up fr
Page 19 and 20: Birla Sunlife Insurance Company Ltd
Page 21 and 22: 1 Independent director means direct
Page 23 and 24: 5. The Board meetings should be hel
Page 25 and 26: 13. The Company should provide a br
Page 27 and 28: Social ReportBeyond Business - Reac
Page 29 and 30: Environment ReportENVIRONMENTAL PRO
Page 31 and 32: Directors’ Report to the Sharehol
Page 33 and 34: Forays Into New Business Segments a
Page 35 and 36: AWARDS AND RECOGNITIONDuring the ye
Page 37 and 38: ii)iii)Insulator Division• Instal
Page 39 and 40: ANNEXUREForm-AForm for disclosure o
Page 41: xv)xvi)xvii)xviii)xix)xx)xxi)xxii)T
Page 45 and 46: SCHEDULE ‘3’ As at 31st As at 3
Page 47 and 48: SchedulesSCHEDULE ‘6’ (Contd.)I
Page 49 and 50: SCHEDULE ‘8’ As at 31st As at 3
Page 51 and 52: SCHEDULE ‘13’ 2000-01 1999-2000
Page 53 and 54: SchedulesSCHEDULE ‘19’SIGNIFICA
Page 55 and 56: SchedulesSCHEDULE ‘19’SIGNIFICA
Page 57 and 58: SchedulesANNEXURE IINFORMATION PURS
Page 59 and 60: BALANCE SHEET ABSTRACT AND COMPANY
Page 61 and 62: STATEMENT PURSUANT TO SECTION 212 O
Page 63 and 64: BALANCE SHEET AT 31 DECEMBER 2000IN
Page 65 and 66: BIRLA SUN LIFE INSURANCE COMPANY LI
Page 67 and 68: REVENUE ACCOUNTFor the period 4th A
Page 69 and 70: SCHEDULE-4BENEFITS PAID (NET)(Amoun
Page 71 and 72: SCHEDULE-10FIXED ASSETS(Amount in R
Page 73 and 74: Tax ProvisionThe tax provision as o
Page 75 and 76: MANAGEMENT REPORTIn accordance with
Page 77 and 78: BALANCE SHEETAs at 31st March, 2001
Page 79 and 80: STATEMENT PURSUANT TO SECTION 212 O
Page 81 and 82: BALANCE SHEETAs at 31st March, 2001
Page 83 and 84: Shareholder Information1. Annual Ge
Page 85 and 86: Relative Performance: Indian Rayon
Page 87 and 88: 15. Categories of Shareholding as o

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