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<strong>Spice</strong> <strong>Mobility</strong> Limited (formerly <strong>Spice</strong> Mobiles Limited)<br />
Profi t and Loss Account for the year ended March 31, 2010<br />
Particulars Schedules<br />
The schedules referred to above form an integral part of the Profi t and Loss Account.<br />
For the<br />
year ended<br />
Mar 31, 2010<br />
Rs. '000<br />
For the period from<br />
January 1, 2008 to<br />
March 31, 2009<br />
Rs. '000<br />
INCOME<br />
Turnover (Gross) 15 11,276,708 7,084,488<br />
Less: Service tax – (46)<br />
Less: Discounts, Incentives etc. (878,912) (368,462)<br />
Turnover (Net) 10,397,796 6,715,980<br />
Other income 16 85,134 62,252<br />
Total<br />
EXPENDITURE<br />
10,482,930 6,778,232<br />
Purchase of goods for trading 8,640,501 5,527,583<br />
Raw materials consumed 17 16,950 1,895<br />
Personnel expenses 18 135,189 137,440<br />
Operating and other expenses 19 1,557,290 1,014,436<br />
(Increase) / Decrease in inventories 20 (960,487) 12,030<br />
Depreciation / amortisation 10,757 7,206<br />
Financial expenses 21 10,736 26,825<br />
Total 9,410,936 6,727,415<br />
Profi t before tax and prior period adjustments 1,071,994 50,817<br />
Prior period adjustments 22 – 35,151<br />
Profi t before tax<br />
Provision for tax<br />
1,071,994 15,666<br />
– Current tax (Including Rs.650 thousand<br />
(previous period Rs.1,718 thousand) for earlier years)<br />
360,600 9,901<br />
– Deferred tax charge / (credit) 6,312 (7,379)<br />
– Fringe benefi t tax – 2,884<br />
Total tax expense 366,912 5,406<br />
Net profi t for the year / period 705,082 10,260<br />
Balance brought forward from previous period 170,022 183,339<br />
Profi t available for appropriation<br />
Appropriations:<br />
875,104 193,599<br />
Proposed dividend 111,957 20,152<br />
Tax on dividend 19,027 3,425<br />
Transfer to General Reserve 70,508 –<br />
Surplus carried to Balance Sheet 673,612 170,022<br />
Earnings per share (in Rs.)<br />
Basic and Diluted {Nominal value of shares<br />
Rs.3 (Previous period : Rs.3)}<br />
23 9.45 0.14<br />
Notes to Accounts 24<br />
As per our report of even date For and on behalf of the Board of Directors of <strong>Spice</strong> Mobiles Limited<br />
For S.R. BATLIBOI & CO. Dilip Modi Preeti Malhotra<br />
Firm Registration No. 301003E<br />
Chartered Accountants<br />
Managing Director Executive Director & Company Secretary<br />
per Anil Gupta Subroto Chattopadhyay Manish Pengoriya<br />
Partner<br />
Membership No. 87921<br />
Director Chief Financial Offi cer<br />
Place : New Delhi<br />
Date : 15th May, 2010<br />
27<br />
27
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