Nirman Cements Ltd. இன் கணக்கு குறிப்புகள்

Mar 31, 2012

1. The project at Pounta Saheb at Himachal Pradesh has started production and sales. The expenses incurred on the project upto the date of commercial production were shown under the head ''Capital Works In Progress''''before and were transferred to different assets heads on prorata basis during the year 2006-07.

2. Estimated amount of contracts remaining to be executed on capital account & not provided for net of advance is Nil ( Previous year Nil)

3. In view of insufficient information from the suppliers regarding their status as SSI units, amount overdue to small scale industrial under makings as on 31st March 2012 can not be ascertained.

4. In the opinion of the board, the current assets and loans & advances have a value of realization in the ordinary course of business at least to the amount at which they are stated.

5. The company has various Term loans from HDFC Bank,Allahabad Bank and Indus bank Ltd against the properties and plant of the company at Paonta Sahib.The company has also taken a cash credit loan from Allahbad bank aganist stock of the company.

6. In view of the fact that the company is not expected to make sufficient taxable profits in near future which can absorb the huge brought forward unabsorbed depreciation & losses, the deferred tax asset has not been recognized in the books of account, as required by AS-22 for accounting for taxes on income issued by the Institute of Charted Accountants of India.

7. No interest is being charged on loan and other advances given by the company.

8 i. As per the Information available, Contingent liabilities in respect of income tax penalty amounting to Rs.40.45 Lacs for the assessment year 1989 - 1990 to 1999 - 2000 as the matter is under dispute, pending before the IT AT of income tax department and expected for favorable judgment. Accordingly, no provision has been made in the books of account.

ii. Against matters pending in high court detailed as under against Electricity Board Rs. 12.31 Lacs against AMG vide case no. - 420/02 Rs. 40.30 Lacs against AMG vide case no. - 4084/2000 Rs. 29.98 Lacs against AMG vide case no. - 7453/2001 Rs. 36.93 Lacs against AMG vide case no. - 11673/02

9. RELATED PARTY DISCLOSURES

Company has no transaction with related parties except Director Remuneration of Rs. 124800.00

10. Based on the guiding principles given in accounting standards on Segments Reporting (As-17) issued by the Institute of Chartered accountants of India. The company primary segment is cement manufacturing & sales promotion ship business.

Segment wise revenue, Results and assets under clause 41 of the listing agreement for the year ended 31s March 2012 as under:-

11. Unsecured Loan includes Loan from companies under the same management as under :- Jagdamba Plyboard Ind. Ltd. - Rs. 56.48 Lacs (Pr. Yr. Rs. 27.25 Lacs)

12. Additional information pursuant to the quantity disclosure of Broad Heads of Inventories as required under paragraphs 5(ii) of general instructions for preparation of the statement of profit and loss as per revised schedule VI of the companies Act, 1956 is as under :-

13. The Balances of Sundry Debtors, Sundry Creditors, Other Creditors, Advance to Suppliers, Advance from Customers and other Advances are subject to reconciliation & confirmation.

14. Previous Year figures has been regrouped, recast & rearranged wherever found necessary.

15. Additional information as required under part IV of Schedule VI to the Companies Act, 1956 is enclosed.

16. Schedules 1 to 22 form an integral part of the Balance Sheet and the Profit & Loss Account.

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Mar 31, 2011

1. The new project at Ponta Saheb at Himachal Pradesh has started production and sales. The expenses incurred on the project upto the date of commercial production were shown under the head 'Capital Works In Progress transferred to different assets heads on prodata basis during the year 2006-07.

2. Estimated amount of contracts remaining to be executed on capital account & not provided for net of advance is Nil (Previous year Nil).

3. In view of insufficient information from the suppliers regarding their status as SSI units, amount overdue to small scale industrial under makings as on 31st March 2010 can not be ascertained.

4. In the opinion of the board, the current assets and loans & advances have a value of realization in the ordinary course of business at least to the amount at which they are stated.

5. a. There is a cash credit limit from Punjab National, Gandhi Maidan Branch, Patna against hypothecation of stock and book debts. The limit is also secured by personal guarantee of the Directors,

b. At Ponta Sahib, there is Cash credit limit of Rs. 1.50 crore from Allahabad bank, Vikas Nagar and Term Loan of Rs. 1.15 crore from Allahabad bank, Chandghar against hypothecation of all Plant, Machineries & Land at Ponta Sahib.

6. In view of the fact that the company is not expected to make sufficient taxable profits in near future which can absorb the huge brought forward unabsorbed depreciation & losses, the deferred tax asset has not been recognized in the books of account, as required by AS-22 for accounting for taxes on income issued by the Institute of Charted Accountants of India.

7. No interest is being charged on loan and other advances given by the company.

8. i. Contingent liabilities in respect of income tax penalty amounting to Rs.40.45 Lacs for the assessment year 1989 - 1990 to 1999 - 2000 as the matter is under dispute, pending before the IT AT of income tax department and expected for favorable judgment. Accordingly, no provision has been made in the books of account.

9. Against matters pending in high court detailed as under against Electricity Board Rs. 12.31 Lacs against AMG vide case no. — 420/02 Rs. 40.30 Lacs against AMG vide case no. — 4084/2000 Rs. 29.98 Lacs against AMG vide case no. - 7453/2001 Rs. 36.93 Lacs against AMG vide case no. — 11673/02 iii. Against the demand of Rs. 3.75 Lacs by PF Authorities relating to yours 2002 to 2007.

10. RELATED PARTY DISCLOSURES

Company has no transaction with related parties except Director Remuneration of Rs. 124800/-.

11. Based on the guiding principles given in accounting standards on Segments Reporting (As-17) issued by the Institute of Chartered accountants of India. The company primary segment is cement manufacturing & sales promotion ship business.

12. Unsecured Loan includes Loan from companies under the same management as under Makewell Meditour Limited - Rs. NIL (Pr. Yr. Rs. 16.34 Lacs) Jagdamba Plyboard Ind. Ltd. - Rs. 27.25 Lacs (Pr. Yr. Rs. 27.25 Lacs)

13. Additional information pursuant to the provision of para 3 & 4 of Part II of Schedule VI of the Companies Act, 1956 are as under:-

14. The balances of Sundry Debtors, Sundry Creditors, other Creditors, Advance to Suppliers, Advance from Customers and other Advances are subject to reconciliation & confirmation.

15. Previous year figures has been regrouped, recast & rearranged wherever found necessary.

16. Additional information as required under part IV of Schedule VI to the Companies Act, 1956 is enclosed.

17. Schedules 1 to 22 form an integral part of the Balance Sheet and the Profit & Loss account.

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Mar 31, 2010

1. The new project at Ponta Saheb at Himachal Pradesh has started production and sales. The expenses incurred on the project up to the date of commercial production were shown under the head 'Capital Works In Progress transferred to different assets heads on predate basis during the year 2006-07.

2. Estimated amount of contracts remaining to be executed on capital account & not provided for net of advance is Nil (Previous year Nil).

3. In view of insufficient information from the suppliers regarding their status as SSI units, amount overdue to small scale industrial under makings as on 31st March 2010 can not be ascertained.

4. In the opinion of the board, the current assets and loans & advances have a value of realization in the ordinary course of business at least to the amount at which they are stated.

5. a. There is a cash credit limit from Punjab National, Gandhi Maidan Branch, Patna against hypothecation of stock and book debts. The limit is also secured by personal guarantee of the Directors. b. At Ponta Sahib, there is Cash credit limit of Rs.1.50 crore from Allahabad bank, Vikas Nagar and Term Loan of Rs.1.15 crore from Allahabad bank, Chandghar against hypothecation of all Plant, Machineries & Land at Ponta Sahib.

6. In view of the fact that the company is not expected to make sufficient taxable profits in near future which can absorb the huge brought forward unabsorbed depreciation & losses, the deferred tax asset has not been recognized in the books of account, as required by AS-22 for accounting for taxes on income issued by the Institute of Charted Accountants of India.

7. No interest is being charged on loan and other advances given by the company.

8. i. Contingent liabilities in respect of income tax penalty amounting to Rs.40.45 Lacs for the assessment year 1989 - 1990 to 1999 - 2000 as the matter is under dispute, pending before the IT AT of income tax department and expected for favorable judgment. Accordingly, no provision has been made in the books of account.

ii. Against matters pending in high court detailed as under against Electricity Board Rs.12.31 Lacs against AMG vide case no. – 420/02 Rs. 40.30 Lacs against AMG vide case no. – 4084/2000 Rs.29.98 Lacs against AMG vide case no. – 7453/2001 Rs.36.93 Lacs against AMG vide case no. – 11673/02 iii. Against the demand of Rs.3.75 Lacs by PF Authorities relating to yours 2002 to 2007.

9. RELATED PARTY DISCLOSURES

Company has no transaction with related parties except Director Remuneration of Rs.332179/- paid to Directors Sushil Kumar Khemka 178177/- to Anita Khemka 154002.

10. Based on the guiding principles given in accounting standards on Segments Reporting (As-17) issued by the Institute of Chartered accountants of India. The company primary segment is cement manufacturing & sales

11. Unsecured Loan includes Loan from companies under the same management as under :- Makewell Meditour Limited - Rs. NIL (Pr. Yr. Rs. 16.34 Lacs) Jagdamba Plyboard Ind. Ltd. - Rs. 27.25 Lacs (Pr. Yr. Rs. 27.25 Lacs)

12. Additional information pursuant to the provision of para 3 & 4 of Part I1 of Schedule VI of the Companies Act, 1956 are as under:-

13. The balances of Sundry Debtors, Sundry Creditors, other Creditors, Advance to Suppliers, Advance from Customers and other Advances are subject to reconciliation & confirmation.

14. Previous year figures has been regrouped, recast & rearranged wherever found necessary.

15. Additional information as required under part IV of Schedule VI to the Companies Act, 1956 is enclosed.

16. Schedules 1 to 22 form an integral part of the Balance Sheet and the Profit & Loss account.