Goodwill Hospital & Research Centre Ltd. के अकाउंट के लिये नोट

Mar 31, 2011

A. Segment Reporting

As the Company business activities primarily fall with a single business and geographical segment, there are no additional disclosures to be made in terms of Accounting Standard on Segment Reporting.

b. Defined Benefit Plan

The Company has a defined gratuity plan, whereby the employees are entitled to gratuity benefit on the basis of last drawn salary completed number of years of service, which are provided for on the basis of actuarial valuation done at the end of the year.

The Company also provides leave encashment to its employees, which is unfunded.

Leave encashment

Short term compensated absences are provided for based on estimates. Long term compensated absences are provided for on the basis of actuarial valuation done at the end of the year.

c. There is no contingent liability, which is to be provided in the balance sheet.

d. Previous year figures have been re-grouped, wherever necessary to confirm to current year's classification.

e. All figures have been rounded off to the nearest rupee.

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