FINANCIAL STATEMENTS OF UAA (M) SDN BHD BALANCE SHEET. As of Schedule 31 March March As of SOURCES OF FUNDS

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1 BALANCE SHEET SOURCES OF FUNDS Schedule 31 March March 2009 SHAREHOLDERS' FUNDS Share capital 1 2,426,058 2,426,058 Reserves and surplus 2 246,761, ,262, ,187, ,688,967 APPLICATION OF FUNDS FIXED ASSETS Gross block 3 383,231, ,044,748 Less: Accumulated depreciation 138,434, ,175,883 Net block 244,796, ,868,865 CURRENT ASSETS, LOANS AND ADVANCES Sundry debtors 4 812,795, ,545,334 Cash and bank balances 5 48,576,685 69,712,368 Loans and advances 6 18,266,155 20,860, ,638, ,118,600 Less: CURRENT LIABILITIES AND PROVISIONS Liabilities 7 875,247, ,298, ,247, ,298,498 NET CURRENT ASSETS 4,391,036 (20,179,898) 249,187, ,688,967 Significant accounting policies 12 Notes to the accounts 13 The schedules referred above form an integral part of the balance sheet. As per our report attached for Swamy & Ravi For and on behalf of the Board of Directors Chartered Accountants Firm Registration number : S Sd/- Sd/- Sd/- Kumar Chander Tong King Yao S Ravichandran Director Director Partner Membership No Bangalore June 15, 2010

2 PROFIT AND LOSS ACCOUNT For the year ended For the year ended Schedule 31 March March 2009 INCOME Net sales and services 3,650,724,290 3,405,010,901 Other income 8 9,198,296 23,335,991 3,659,922,586 3,428,346,892 EXPENDITURE Cost of sales and services 9 3,117,661,136 2,903,854,807 Selling and marketing expenses ,103, ,634,603 General and administrative expenses ,266, ,967,037 3,625,032,026 3,393,456,447 PROFIT BEFORE TAXATION 34,890,560 34,890,445 Provision for taxation - Current tax 12,387,586 10,111,817 - Deferred tax (3,996,879) (307,228) PROFIT AFTER TAXATION 26,499,852 25,085,856 EARNINGS PER SHARE Equity Shares of par value RM 1/- each Basic & Diluted (in Rs.) Weighted average number of equity shares used in computing Basic and Diluted earnings per share 200, ,000 Diluted Significant accounting policies 12 Notes to the accounts 13 The schedules referred above form an integral part of the profit and loss account As per our report attached for swamy & Ravi For and on behalf of the Board of Directors Chartered Accountants Firm Registration number : S Sd/- Sd/- Sd/- S Ravichandran Kumar Chander Tong King Yao Partner Director Director Membership No Bangalore June 15, 2010

3 CASH FLOW STATEMENT For the year ended 31 March 2010 For the year ended 31 March 2009 A. Cash flows from operating activities: Profit before tax 34,890,560 34,890,445 Adjustments: Depreciation 21,161,555 19,702,683 Unrealised exchange differences - net 329,591 (9,827,815) Loss/(Gain) on sale of fixed assets (6,091,134) (7,186,470) Working capital changes : (Increase)/ decrease debtors (129,250,386) (83,138,342) Increase in loans and advances 4,609,752 4,447,102 (Decrease)/ increase in current liabilities 82,422,214 81,984,814 (Decrease)/ increase in Provisions Net cash generated from operations 8,072,153 40,872,418 Direct taxes paid (11,878,905) (9,303,713) Net cash generated by operating activities (3,806,751) 31,568,704 B. Cash flows from investing activities: Acquisition of fixed assets (23,488,506) (27,036,089) Proceeds from sale of fixed assets 6,159,574 7,186,470 Net cash used in investing activities (17,328,932) (19,849,619) C. Cash flows from financing activities: Net cash generated by / (used in) financing activities - - Net increase in cash and cash equivalents during the year (21,135,683) 11,719,086 Cash and cash equivalents at the beginning of the year 69,712,368 57,993,282 Cash and cash equivalents at the end of the year 48,576,685 69,712,368 As per our report attached for swamy & Ravi For and on behalf of the Board of Directors Chartered Accountants Firm Registration number : S Sd/- Sd/- Sd/- S Ravichandran Kumar Chander Tong King Yao Partner Director Director Membership No Bangalore June 15, 2010

4 SCHEDULES TO THE BALANCE SHEET 31 March March 2009 SCHEDULE 1 SHARE CAPITAL Authorised capital 1,000,000 (2009:1,000,000) equity shares of RM 1 each 12,130,290 12,130,290 12,130,290 12,130,290 Issued, subscribed and paid-up capital 200,000 (2009:200,000) equity shares of RM 1 each 2,426,058 2,426,058 Note: 2,426,058 2,426,058 1 Of the above equity shares, 200,000 (2009:200,000) equity shares of RM 1 each are held by Unza(Malaysia) Sdn Bhd, the holding company. SCHEDULE 2 RESERVES AND SURPLUS Translation reserve As at the beginning of the year 26,595,935 7,805,830 Additions during the year (2,001,025) 18,790,105 Less: translation of foreign subsidiaries with non-integral operations ,594,910 26,595,935 General reserve Balance brought forward from previous period 195,666, ,581,117 Additions during the year 26,499,852 25,085,856 Less: Amount utilised for bonus shares 222,166, ,666,973 Summary of reserves and surplus Balance brought forward from previous period 222,262, ,386,947 Additions during the year 24,498,828 43,875,962 Deletions ,761, ,262,909

5 SCHEDULES TO THE BALANCE SHEET (contd.) SCHEDULE 3 FIXED ASSETS PARTICULARS April Additions GROSS BLOCK ACCUMULATED DEPRECIATION Deductions/ adjustments* March 31, 2010 April Depreciation for the period NET BLOCK Deductions/ adjustments* March 31, 2010 March 31, 2010 March 31, 2009 Buildings 237,405,636 54,752 (2,312,893) 235,147,495 49,087,736 3,025,035 (494,021) 51,618, ,528, ,317,900 Plant & machinery 15,885,414 6,843,970 (168,549) 22,560,835 14,398,328 1,300,354 (171,762) 15,526,920 7,033,915 1,487,086 Furniture, fixture and equipments 32,146,074 1,368,794 (2,323,378) 31,191,490 21,680,879 2,190,070 (2,163,544) 21,707,405 9,484,085 10,465,195 Vehicles 100,607,624 15,220,990 (21,497,070) 94,331,544 56,008,940 14,646,096 (21,073,506) 49,581,530 44,750,014 44,598, ,044,748 23,488,506 (26,301,890) 383,231, ,175,883 21,161,555 (23,902,833) 138,434, ,796, ,868,865 Previous Year 339,197,346 27,036,089 19,811, ,044, ,279,806 19,702,683 (8,806,606) 141,175, ,868, ,917,540 *Note : Adjustments includes effect of Foreign Exchange Translation

6 SCHEDULES TO THE BALANCE SHEET (contd.) SCHEDULE 4 SUNDRY DEBTORS 31 March March 2009 Debts outstanding for a period exceeding six months Considered good 812,795,720 - Considered doubtful 30,530,770 51,700, ,326,490 51,700,560 Other debts Considered good - 683,545, ,545,334 Less: Provision for doubtful debts 30,530,770 51,700, ,795, ,545,334 SCHEDULE 5 CASH AND BANK BALANCES Cash and cheques on hand # 178, ,674 Balance with banks 48,397,740 69,531,694 48,576,685 69,712,368 SCHEDULE 6 LOANS AND ADVANCES Advances recoverable in cash or in kind or for value to be received Considered good 7,446,865 11,868,892 Other deposits 6,483,315 6,671,040 Deferred tax assets 2,560,290 - Advance income - tax ( net of provision) 1,775,685 2,320,966 18,266,155 20,860,898 SCHEDULE 7 LIABILITIES Sundry creditors 7,942,405 5,809,364 Salaries payable 31,274,080 28,435,308 Deferred Liabilities - 1,473,188 Balance payable to parent company and Subsidiary 775,809, ,895,942 Other liabilities 60,221,875 48,684, ,247, ,298,498

7 SCHEDULES TO PROFIT AND LOSS ACCOUNT SCHEDULE 8 OTHER INCOME For the year ended For the year ended 31 March March 2009 Rental income 451,702 2,337,606 Profit on disposal of fixed assets (net) 6,118,509 7,186,470 Distribution Income 2,628,085 13,811,915 9,198,296 23,335,991 SCHEDULE 9 COST OF SALES AND SERVICES Raw materials, finished and process stocks 3,117,661,136 2,903,854,807 3,117,661,136 2,903,854,807 SCHEDULE 10 SELLING AND MARKETING EXPENSES Employee compensation costs 121,795, ,978,025 Repairs to buildings 6,994,538 6,425,078 Carriage and freight 54,587,507 54,098,891 Commission on sales 126,791, ,471,185 Advertisement and sales promotion 23,830,704 25,566,735 Depreciation 17,383,684 15,548,422 Travel 25,007,867 25,099,214 Communication 1,450,922 1,322,417 Miscellaneous expenses 15,262,054 17,124, ,103, ,634,603 SCHEDULE 11 GENERAL AND ADMINISTRATIVE EXPENSES Employee compensation costs 26,061,840 24,631,692 Repairs to buildings 2,107,943 2,738,339 Rent 23,775,953 22,601,314 Audit fees For certification including tax audit 10,000 10,000 Loss on disposal of fixed assets 27,376 13,358 Depreciation 3,777,871 4,154,261 Travel 479, ,082 Communication 2,737,588 2,564,688 Provision / write off of bad debts 9,773,189 4,207,692 Miscellaneous expenses 45,516,090 44,818, ,266, ,967,037