Share Capital 1 10, , Reserves and Surplus 2 9,07, ,97, ,97, ,87,732.03

Transcription

1 BALANCE SHEET AS AT Mar 31, 2017 AS AT March 31, 2017 AS AT March 31, 2016 Share Capital 1 10, , Reserves and Surplus 2 9,07, ,97, ,97, ,87, Long Term Borrowings 3 10,16, ,53, Provisions 4 10,16, ,53, Trade Payables 5 23, Other Current Liabilities 5 23, TOTAL 1,41, , Fixed Assets (i) Tangible Assets 31, , (ii) Intangible Assets (iii) Capital Work In Progress Non current Investments 6 Long Term Loans and Advances 7 32, , Deferred Tax Asset 63, , Inventories 9 Trade Receivables 8 Cash and Cash Equivalents 10 61, , Short Term Loans and Advances 7 17, , , TOTAL 1,41, ,

2 Profit and Loss Account for the period ended 31 Mar, 2017 Notes March 31, 2017 Mar 31, 2016 Revenue from Operations (Gross) 11 Less: Excise Duty/ICMS Revenue from Operations (Net) Other Income Total Revenue (I) 0.05 Expenses: Purchases of Traded Goods (Increase)/Decrease in Inventories of Finished Goods, Work In Progress and 13 Employee Benefits Expenses 14 4,13, ,14, Administrative and General Expenses 15 2,34, , Selling and Marketing Expenses 16 Total Expenses (II) 6,47, ,93, Earnings before Interest, Tax, Depreciation and Amortisation (6,47,777.92) (1,93,746.50) Depreciation and Amortisation Expenses 2, , Finance Costs 17 59, , Profit Before Taxation and Prior period items (7,09,928.96) (1,97,732.03) Less: Prior Period / Year Adjustments Profit Before Taxation (7,09,928.96) (1,97,732.03) Tax Expenses: Current Tax Deferred Tax Expenses Excess/under provision of earlier years Profit for the Period (7,09,928.96) (1,97,732.03) Net Profit (7,09,928.96) (1,97,732.03)

3 Notes to the Financial Statements as at March 31, 2017 March 31, 2017 Mar 31, SHARE CAPITAL Issued, Subscribed and Fully Paid up Shares Equity Share Capital 10, , , , RESERVES AND SURPLUS Balance as per Last Financial Statements 1,97, Net Profit/ (Net Loss) for the Period 7,09, ,97, Add: Transfer from Reserve Net Surplus in the Statement of Profit and Loss (9,07,660.99) (1,97,732.03) GRAND TOTAL 9,07, ,97, a LONG TERM BORROWINGS Non current Portion Other Loans and Advances Loan from Holding company/subsidiary Company and fellow subsidiary comp 10,16, ,53, ,16, ,53, b LONG TERM BORROWINGS Working Capital Facilites from Banks 4 PROVISIONS Provision for Tax (net of advances) TRADE PAYABLES AND OTHER CURRENT LIABILITIES Trade Payables Due to Others 23, Trade Payables Due to holding comapany, subsidiaries and fellow subsidiari OTHER CURRENT LIABILITIES Others Service Tax Payable Others 23, NON CURRENT INVESTMENTS Investment in Shares Acc BioPharma Other Investments 7a LOANS AND ADVANCES Non current Portion Capital Advances Secured, considered good Unsecured, considered good Unsecured, considered doubtful Less: Provision for doubtful capital advances (A)

4 Notes to the Financial Statements as at March 31, 2017 March 31, 2017 Mar 31, 2016 Security deposit Secured, considered good Unsecured, considered good Unsecured, considered doubtful Less: Provision for doubtful security deposit (B) Loans and Advances to Related Parties Loan to Holding Company/Subsidiary Companies and fellow subsidiaries (C) Advances recoverable in Cash or Kind Unsecured, considered good 32, , (D) 32, , Other Loans and Advances Advance income tax (net of provision for taxation) Prepaid expenses (E) Total (A + B + C + D + E) 32, , b LOANS AND ADVANCES Loans and Advances to Related Parties Loan to Holding Company/Subsidiary Companies and fellow subsidiaries (A) Other Loans and Advances Prepaid expenses 17, Advance to Employee Others (B) 17, Total (A + B) 17, TRADE RECEIVABLES Other receivables Unsecured, considered good 9 INVENTORIES [Valued at lower of cost and net realisable value] Finished and Traded Goods 10 CASH AND CASH EQUIVALENTS Balances with Banks: On Current Accounts 61, , , , REVENUE FROM OPERATIONS Sale of Products Other Operating Revenue Revenue from Operations (Gross) Less: Excise Duty /ICMS Revenue from Operations (Net)

5 Notes to the Financial Statements as at March 31, 2017 March 31, 2017 Mar 31, OTHER INCOME Interest Income on: Deposits Others 0.05 Insurance Claims Received Other Non operating Income (net of expenses) (INCREASE)/DECREASE IN INVENTORIES Inventory at the end of the Period Finished and Traded Goods Inventory at the beginning of the Year Finished and Traded Goods 14 EMPLOYEE BENEFIT EXPENSES Salaries, Wages and Bonus 4,13, ,14, Contribution to Provident and Other Funds Staff Welfare Expenses 4,13, ,14, ADMINISTRATIVE AND GENERAL EXPENSES Rent, Rates and Taxes 1,88, , Insurance , Repairs and Maintenance Buildings Others Travelling and Conveyance 1, Communication Costs 1, Printing and Stationery 3, , Legal and Professional Fees 2, , Regulatory expenses 33, Business Devl Project Expense Bad Debts/ Advances / Sundry Balances written off Memship, Subscription & Renwals Miscellaneous Expenses 2, ,34, , SELLING AND MARKETING EXPENSES Commission on Sales Freight and Forwarding on Sales Advertisements and Business Promotions Other Marketing Expenses 17 FINANCE COSTS Interest 18, , Bank Charges 41, , ,379.03

6 As at Additions in HKD Gross Block (At Cost) Depreciation / Amortisation * Net Block Translati on Deductions / Differen As at As At Charges for Deductions / Translation Upto Adjustments ces the Year Adjustments Differences As at As at Furniture, Fixtures and Equipments 26, , , Computer 10, , , , , , Total Assets 10, , , , , , , Previous Year , , #REF! #REF! #REF! 31,213.00