Annual Report - Brandhouse Retails

BRANDHOUSE
R E T A I L S
8 TH ANNUAL REPORT 2011-12
E. Experience Adjustment (` in Lacs)
Particulars As at 31 st
March 2012
(gratuity)
56
As at 31 st
March 2011
(gratuity)
As at 31 st
March 2012
(Leave
Encashment)
As at 31 st
March 2011
(Leave
Encashment)
On Plan Liability (Gain)/Loss 1.58 (17.71) - (2.98)
On Plan Assets (Loss)/Gains - - 13.33 -
NOTE: 32 EARNiNgs PER sHARE :- bAsiC & diLUTEd (` in Lacs)
Particulars As at 31 st
March 2012
basic &
diluted
As at 31 st
March 2011
basic &
diluted
Numerator – Net Profit After Tax (` In Lacs) 850.42 2012.97
Number of equity Shares used as denominator 5,36,02,767 5,36,02,767
Nominal Value Per equity Share (`) 10.00 10.00
earnings Per Shares-(`) Annualized 1.59 3.75
NOTE: 33.
The entire Operations of the Company comprise of only one segment, namely Retail and as such, no separate segment
reporting is considered necessary for segment reporting as stipulated in Accounting Standard-17 issued by Institute of
Chartered Accountants of India.
NOTE: 34.
Based on the age of the Assets situated at various locations/stores and considering the fact that the Company operates
generally in the leased out properties, the management is of the opinion that there was no material impairment in its fixed
assets during the year under review with in the definition of Accounting Standard 28, Impairment of Assets issued by the
Institute of Chartered Accountants of India. The position is reviewed on yearly basis.
NOTE: 35.
The Company believes that Goodwill as represented in the books of accounts as at the Balance Sheet date amounting to
`1,562.56 Lacs (Previous year ` 1,875.08 Lacs) has an appropriate future economic benefit as arrived at, upon its demerger
of business with the erstwhile parent Company in the earlier years.
NOTE: 36.
Related Parties Disclosure under Accounting Standard-18
subsidiary Company brandhouse Oviesse Ltd. (w.e.f. 29.07.2009).
Key enterprises in which directors are interested.
Notes to the financial statements
S. Kumars Nationwide Ltd.
Belmonte Retails Ltd.
Sansar exim Pvt. Ltd.
Anjaneya Holdings Pvt. Ltd.
Reid & Taylor (India) Ltd.
Ingenious Finance & Investment Pvt. Ltd.
Verve Properties & Investments Pvt. Ltd.
Natty Finance & Investment Pvt. Ltd.
Tulja enterprises Pvt. Ltd.
Chamundeshwari Mercantile Pvt. Ltd.
Maverick Mercantile Pvt. Ltd.
S Kumars enterprises (Synfabs) Ltd.
S Kumars Textiles Ltd.
S.K.Worsteds Pvt Ltd
Rosewood Holdings Pvt Ltd.