Flora Corporation Ltd. के अकाउंट के लिये नोट

Mar 31, 2024

(h) Provisions and contingencies

The company recognizes the provisions when a there is present obligation (legal or constructive ) as a
results of a past events exists and it is probable that am outflow of resources embodying economic
benefits will be required to settle such obligation and the amount of such obligation can be reliably
estimated.

If the effect of the time value of money is material, provisions are discounted using a current pre tax
rate that reflects, when appropriate, the risks specific to the liability. When discounting is used, the
increase in the provision due to the passage of time is recognised as a finance costs.

A disclosure of contingent liability is made there is possible obligation or a present obligation that may,
but probably will not require an out flow of resources embodying the economic benefits is remote, no
provision or disclosure is made.

(i) Measurement of EBITDA

The company has opted to present earnings before interest (finance cot), tax, depreciation and
amortization (EBITDA) as a separate line item on the face of statement of profit and loss for the period
ended. The company measure EBITDA on the basis of profit / loss from continuing operations.

(j) Employee benefits

All the employee benefits payable wholly within 12 months of rendering the services are classified as
shorted term employee benefits and they are recognized in the period in which the employee renders
the related device. The company recognizes the undiscounted amount of short term employee benefits
expected to be paid in exchange for services rendered as a liability (accrued expenses) after deducting
any amount already paid.

(k) Cash flow statements

Cash flows are reported using the "Indirect methods", whereby profit for the period is adjusted for the
effects of transactions of a non-cash nature any deferral or accruals of past or future operating cash
receipts or payments and item of income or expenses associated with investing or financing cash flows.
The cash flow from operating investing and financing activities of the company is segregated.

Note 24

Dues to Micro and Small Enterprises

There are no delays in payments to Micro and Small enterprises as required to be disclosed
under the Micro, Small and Medium Enterprises Development Act,2006. The information
regarding Micro and Small Enterprises has been determined to the extent such parties have
been identified on the basis of information available with the company.

Note 25

Previous year figures have been regrouped / reclassified wherever
considered

necessary to confirm to this years classification.

As per our re port of even date For and on behalf of the Board of Directors

For M/s Sapna Toshniwal & Co., Flora Corporation Limited

Chartered Accountants

Firm Reg No. 012638S SD/- SD/-

^Ra?^{sh Gandhi} Padamkumar Jabbarchand Gandhi

Whole Time

Director

Director & CFO

DIN:08006561

SD/- DIN:02120813

Sapna Kumari

Propt

M.NO. 224395 SD/- SD/-

Raja Bidhania Singh Nikita Dinesh Bhatia

Director Company Secretary

DIN:08421343 PAN:CLDPB8820P

Place : Hyderabad
Date: 29.05.2024

UDIN: 24224395BKHJMB1231_