Emergy Phaarma Ltd. के अकाउंट के लिये नोट

Sep 30, 2008

A) i) No Provision has been made towards provident fund contribution and other retirement benefits for employees (amount unquantifiable). ii) The Company has not calculated the effect on account of deferred taxation and the same is not ascertainable due to lack of certainty of future business. iii) The Company has not ascertained the effect of Impairment of Assets as per Accounting Standard (AS) 28 'Impairment of assets". b) i) During the year the Company has settled the amount payable to IDBI Bank under One Time Settlement (OTS) Scheme. ii) No Provision has been made towards interest on Income Tax Payable (amount undetermined as no confirmation letters received from the concerned parties). ii) No Provision has been made towards over due charges on hire purchase loan from Model Finance Corporation Limited (amount undetermined as no confirmation letter received from the party) and the case Is pending before the Metropolitan Magistrate, Nampally, Hyderabad. c) Contingent Liabilities not provided in respect of: Claims against the company not acknowledged as debts: Custom Duty was Rs. 41, 73 , 499 / - which is pending before the Commissioner of Customs, Excise and Service Tax (Appeals), Visakhapatnam, d) Expenditure on employees in respect of remuneration of not less than Rs.24,00,000/- per annum, if employed throughout the year or Rs.2,00,000/- per month, if employed for part of the year is NIL. e) Managerial Remuneration : NIL f) The company has not received any information from any of the suppliers of their being Small Scale Industrial Unit. Hence, the amounts due to Small Scale Industrial Units outstanding as on 30th September, 2008 are not ascertainable. g) The balances of Sundry Creditors, advances and current accounts are subject to confirmation from the respective parties. h) Previous year figures have been regrouped wherever necessary. i) Paisa have been rounded off to the nearest rupee, j) Earnings / (Loss) per Share: Basic & Diluted: The Company reports basic and diluted Earnings / (Loss) per Share in accordance with AS-20 'Earnings per Share'. The Basic & Diluted Earnings / (Loss) per Share has been calculated by dividing the Earnings / (Loss) by the weighted average number of equity shares and weighted average potentially dilutive equity shares outstanding during the accounting period. b) Net Earnings / (Loss) after tax available for equity shareholders Rs. 2,09,68,185 /- c) Basic/diluted Earning / (Loss) (in Rupees) per share of Rs.10 each 4.41 k) The Company's main business is Manufacture of Fine Chemicals and all the other activities of the Company revolve around the main business and as such there is no separate reportable segments as per the Accounting Standard (AS-17) "Segment reporting".

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Sep 30, 2007

A) i) No Provision has been made towards provident fund contribution and other retirement benefits for employees (amount unquantifiable).

ii) The Company has not calculated the effect on account of deferred taxation and the same is not ascertainable due to lack of certainty of future business.

iii) The Company has not ascertained the effect of Impairment of Assets as per Accounting Standard (AS) 28 'Impairment of assets" issued by the Institute of Chartered Accountants of India.

b) i) No Provision has been made towards interest on term loan from IDBI and on Income Tax Payable (amount undetermined as no confirmation letters received from the concerned parties)

ii) No Provision has been made towards over due charges on hire purchase loan from Model Finance Corporation Limited (amount undetermined as no confirmation letter received from the party) and the case is pending before the Metropolitan Magistrate, Nampally, Hyderabad.

iii) No confirmation letters were received in respect of secured loans from the respective parties.

c) Contingent Liabilities not provided in respect of:

Claims against the company not acknowledged as debts: Custom Duty was Rs. 41, 73 , 499 / - (Previous Year Rs. 67,92, 642/-) against which an appeal is pending before the Customs, Excise and Gold (Control) Appellate Tribunal, South Regional Bench, Bangalore.

d) Expenditure on employees in respect of remuneration of not less than Rs.24,00,000/- per annum, if employed throughout the year or Rs.2,00,000/- per month, if employed for part of the year is NIL.

e) Managerial Remuneration : NIL

f) The company has not received any information from any of the suppliers of their being Small Scale Industrial Unit. Hence, the amounts due to Small Scale Industrial Units outstanding as on 30th September, 2007 are not ascertainable.

g) The balances of Sundry Creditors, advances and current accounts are subject to confirmation from the respective patties.

h) Previous year figures have been regrouped wherever necessary.

i) Paise have been rounded off to the nearest rupee.

j) Earnings / (Loss) per Share:

Basic & Diluted:

The Company reports basic and diluted Earnings / (Loss) per Share in accordance with AS- 20 issued by the Institute of Chartered Accountants of India. The Basic & Diluted Earnings / (Loss) per Share has been calculated by dividing the Earnings / (Loss) by the weighted average number of equity shares and weighted average potentially dilutive equity shares outstanding during the accounting period.

b) Net Profit / (Loss) after tax available for equity shareholders Rs. (23,56,731)

c) Basic/diluted Earning / (Loss) (in Rupees) per share of Rs.10 each (0.50)

k) Related party transactions:

Related parties with whom transactions have taken place during the year:

- G.Mallapa Raju, Chairman & Managing Director

- G. Padma, Director

- G.V.V.S.N. Varma, Director

- Sianve Marketing Private Limited - Company in which Directors are Interested

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Sep 30, 2006

A) i) No Provision has been made towards provident fund contribution and other retirement benefits for employees (amount unquantifiable).

ii) The Company has not calculated the effect on account of deferred taxation and the same is not ascertainable due to lack of certainty of future business.

iii) The Company has not ascertained the effect of Impairment of Assets as per Accounting Standard (AS) 28 'Impairment of assets" issued by the Institute of Chartered Accountants of India.

b) i) No Provision has been made towards interest on term loan from IDBI and on Income Tax Payable (amount undetermined as no confirmation letters received from the concerned parties)

ii) No Provision has been made towards over due charges on hire purchase loan from Model Financial Corporation Limited (amount undetermined as no confirmation letter received from the party).

iii) No confirmation letters were received in respect of secured loans from the respective parties.

c) Contingent Liabilities not provided in respect of:

Claims against the company not acknowledged as debts: Custom/ Excise Duty was Rs. 3,22,483 / -and interest (Previous Year Rs. 3,53,983 /-).

Claims against the company not acknowledged as debts: Custom/ Excise Duty was Rs. 64,70,159/- against which an appeal is pending before the Customs, Excise and Gold (Control) Appellate Tribunal, South Regional Bench, Bangalore.

d) Expenditure on employees in respect of remuneration of not less than Rs.24,00,000/- per annum, if employed throughout the year or Rs.2,00,000/- per month, if employed for part of the year is NIL.

e) Managerial Remuneration : NIL

f) The company has not received any information from any of the suppliers of their being Small Scale Industrial Unit. Hence, the amounts due to Small Scale Industrial Units outstanding as on 30th September, 2006 are not ascertainable.

i) The balances of Sundry Creditors, advances and current accounts are subject to confirmation from the respective parties.

g) Previous year figures have been regrouped wherever necessary.

h) Paisa have been rounded off to the nearest rupee.

i) Earnings / (Loss) per Share

Basic & Diluted:

The Company reports basic and diluted Earnings / (Loss) per Share in accordance with AS- 20 issued by the Institute of Chartered Accountants of India. The Basic & Diluted Earnings / (Loss) per Share has been calculated by dividing the Earnings / (Loss) by the weighted average number of equity shares and weighted average potentially dilutive equity shares outstanding during the accounting period.

a) Net Loss after tax available for equity shareholders Rs. (5,54,091)

b) Basic/diluted Earning/(Loss) (in Rupees) per shares of Rs.10 each (0.12)

j) Related party transactions:

Related parties with whom transactions have taken place during the year:

- G.Mallapa Raju, Chairman & Managing Director

- G. Padma, Director

- G.V.V.S.N. Varma, Director