FINANCIAL REPORTS OF DEVI SEA Ltd

PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2009
Current Year
Schedule No
(Rs,. in Thousands)
INCOME
Sales (Gross)
1354899
Less : Excise Duty
58842
Sales (Net)
1296057
Job Work Charges
87924
Other Income
13
95310
TOTAL
1479291
EXPENDITURE
Materials Consumed
Purchase of Finished Goods
Employee Benefits
Manufacturing & Other Expenses
Finance Charges
Depreciation
Decrease / (Increase) in stock
TOTAL

14
15
16
17
18

PROFIT FOR THE YEAR

Less : Provision for Income Tax
- For the year
- Deferred Tax
- Short Provision of Income Tax in
Earlier Year

531333
55532
134650
432738
129447
47603
7922
1339225

9235
38150
5576

PROFIT AFTER TAX

Less : Loss brought forward from
previous year

87105
(37745).

SURPLUS CARRIED TO BALANCE

SHEET

49360

Earnings per Share (For the year beafore

deferred taxation)

5.59

NOTES ON ACCOUNTS AND

ACCOUNTING POLICIES

19

BALANCE SHEET AS ON 31st MARCH: 2009

Schedule
No
SOURCES OF FUNDS
1 SHARE HOLDERSFUNDS
Share capital
Reserves & Surplus
Balance in the profit and loss A/c
2. LOAN FUNDS
Secured Loans
Un secured Loans
3. DEFERRED TAX LIABILITY
TOTAL
APPLICATION OF FUNDS
1. FIXED ASSET
Gross block
Less: Depreciation
Net Block
Capital work in Progress

As on
31.03.2007
(Rs. in thousands)

1
2

233816
606627
49306

3
4

1038695
16344
2112002

1310516
341893
968623
51522
1020145
21439

2. INVESTMENTS
3. CU RRENT ASSETS,
LOANS&ADVANCES
Inventories
Sundry debtors
Cash & bank balances
Loans & advances

7
8
9
10

375841
479631
32535
424336
1312343

Less: current liabilities & provisions

11

339493

Net current assets

4. MISCELLANEOUS
EXPENSES
(to the extent not written off or
adjusted)
A. Capital issue & Other Expenses
B. Profit and Loss Account
TOTAL
NOTES ON ACCOUNTS AND
ACCOUNTING POLICIES

972850
12

97568
---------2112002
19

PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2010
Schedule
Current Year
No
(Rs,. in Thousands)
INCOME
Sales (Gross)
1600097
Less : Excise Duty
56065
Sales (Net)
1544032
Job Work Charges
99553
Other Income
13
114324
TOTAL
1757909
EXPENDITURE
Materials Consumed
Purchase of Finished Goods
Employee Benefits
Manufacturing & Other Expenses
Finance Charges
Depreciation
Decrease / (Increase) in stock
TOTAL
PROFIT FOR THE YEAR
Bad debts, Advances written off
Capital Issue expenses written offPROFIT BEFORE TAX
Less : Loss brought forward from
- Current Year
- Earlier Year
- Deferred Tax
PROFIT AFTER TAX
Less : Loss brought forward from
previous year
SURPLUS CARRIED TO
BALANCE SHEET
Earnings per Share (For the year
before deferred taxation)
NOTES ON ACCOUNTS AND
ACCOUNTING POLICIES

14
15
16
17
18

681665
278
177444
464470
125269
8476
58418
1516020
241889
197253
37139
7497
612
743
9426
15568
49360
64928
0.6

19

BALANCE SHEET AS ON 31STMARCH: 2010

Schedule
No
SOURCES OF FUNDS
1 SHARE HOLDERSFUNDS
Share capital
Reserves & Surplus
Balance in the profit and loss A/c
2. LOAN FUNDS
Secured Loans
Un secured Loans
3. DEFERRED TAX LIABILITY
TOTAL
APPLICATION OF FUNDS
1. FIXED ASSET
Gross block
Less: Depreciation
Net Block
Capital work in Progress
2. INVESTMENTS
3. CU RRENT ASSETS,
LOANS&ADVANCES
Inventories
Sundry debtors
Cash & bank balances
Loans & advances
Less: current liabilities &
provisions
Net current assets
4. MISCELLANEOUS
EXPENSES
(to the extent not written off or
adjusted)
Technology developed expenditure

As on
31.03.2008
(Rs.in thousands)

1
2

261614
874846

3
4

850944
261328
157734
2406466

1351847
390079
961768
88992
1050760
147043

6
7
8
9
10

380010
331471
463270
439990
1614741

11

467560
1147181

12

61482

TOTAL
2406466
NOTES ON ACCOUNTS AND
19
ACCOUNTING POLICIES
PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2011
Schedule No
Current Year (Rs.)
INCOME
Sales (Gross)
1607920475

Less : Excise Duty

Sales (Net)
Job Work Charges
Other Income
TOTAL

76348533
1531571942
83848484
242624783
1858045209

13

EXPENDITURE
Materials Consumed
Purchase of Finished Goods
Employee Benefits
Manufacturing & Other Expenses
Finance Charges
Depreciation
Decrease / (Increase) in stock
TOTAL

14

682729727
32183099
322429744
503592148
69637221
66351696
(16045584).
1560878051

15
16
17
18

PROFIT FOR THE YEAR

Bad debts, Advances written off
Capital Issue expenses written offPROFIT BEFORE TAX
Less : Loss brought forward from
- Current Year
- Earlier Year
- Fringe benefit tax
- Deferred Tax
PROFIT AFTER TAX
Less : Loss brought forward from previous year
TOTAL
Amount Transfer to general reserve
Interim Dividend paid
Tax on corporate dividend
Surplus Carried to balance sheet
Earnings per share
NOTES ON ACCOUNTS AND
ACCOUNTING POLICES

297167158
25000404
- ---272166754
30500000
99120000
1600000
-7777343
237934097
64928110
302862207
6000000
3713330
4728295
258420582
8.76
19

BALANCE SHEET AS ON 31STMARCH: 2011

Schedule No
SOURCES OF FUNDS
1 SHARE HOLDERSFUNDS

As on 31.03.2009 (Rs.)

Share capital
Reserves & Surplus
Balance in the profit and loss A/c
2. LOAN FUNDS
Secured Loans
Un secured Loans
3. DEFERRED TAX LIABILITY
TOTAL
APPLICATION OF FUNDS
1. FIXED ASSET
Gross block
Less: Depreciation
Net Block
Capital work in Progress

1
2

261614830
874846794

3
4

85094439
261328456
157734929
2406466402

2. INVESTMENTS
3. CU RRENT ASSETS,
LOANS&ADVANCES
Inventories
Sundry debtors
Cash & bank balances
Loans & advances

1351847096
390079074
961768022
88992232
1050760254
--------

Less: current liabilities &

provisions
Net current assets
4. MISCELLANEOUS
EXPENSES
(to the extent not written off or
adjusted)

7
8
9
10

380010344
331471400
463270260
439990998
1614741

11

46756007
1147180926

12

Technology developed expenditure

TOTAL
NOTES ON ACCOUNTS AND
ACCOUNTING POLICIES

61482119
2406466402
19

PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2012
Schedule No
Current Year (Rs.)
INCOME
Sales (Gross)
18333295991
Less : Excise Duty
84975617

Sales (Net)
Job Work Charges
Other Income
TOTAL
EXPENDITURE
Materials Consumed
Purchase of Finished Goods
Employee Benefits
Manufacturing & Other Expenses
Finance Charges
Depreciation
Decrease / (Increase) in stock
TOTAL

1748820374
99077879
182148738
2020046991

13

14

766515352
26727686
244154217
524301414
56876011
76085924
(62526915).
1632133689

15
16
17
18

PROFIT FOR THE YEAR

BEFORE TAX

317913302

Less : Provision for Income Tax

- Current Year
- Earlier Year
- Fringe benefit tax
- Deferred Tax
PROFIT AFTER TAX
Add : Profit brought forward from
previous year

60000000
1745636
1250000
30291554
304626112
258420582

TOTAL
Amount Transfer to general reserve
Interim Dividend paid
Tax on corporate dividend
Surplus Carried to balance sheet
Earnings per share

563046694
30000000
33971674
4764527
494310493
494310493
11.02

NOTES ON ACCOUNTS AND

19
ACCOUNTING POLICES
BALANCE SHEET AS ON 31STMARCH: 2012

Schedule No
SOURCES OF FUNDS
1 SHARE HOLDERSFUNDS

As on 31.03.2010 (Rs.)

Share capital
Reserves & Surplus
Balance in the profit and loss A/c
2. LOAN FUNDS
Secured Loans
Un secured Loans
3. DEFERRED TAX LIABILITY
TOTAL
APPLICATION OF FUNDS
1. FIXED ASSET
Gross block
Less: Depreciation
Net Block
Capital work in Progress

1
2

271744140
1205134933

3
4

634369039
166159377
149956586
2427364075

2. INVESTMENTS
3. CU RRENT ASSETS,
LOANS&ADVANCES
Inventories
Sundry debtors
Cash & bank balances
Loans & advances

1645581117
455763242
1189817875
1067812
1296599147
--------

Less: current liabilities &

provisions
Net current assets
4. MISCELLANEOUS
EXPENSES
(to the extent not written off or
adjusted)

7
8
9
10

423248143
334188455
272775702
438789570
146900187

11

529875228
939126642

12

Technology developed expenditure

TOTAL
NOTES ON ACCOUNTS AND
ACCOUNTING POLICIES

25396487
2427364075
19

PROFIT & LOSS ACCOUNT FOR THE YEAR ENDED 31ST MARCH, 2013
Schedule No
Current Year (Rs)
INCOME
Sales (Gross)
2276940021
Less : Excise Duty
68691505
Sales (Net)
2208248516
Job Work Charges
82173667

Other Income
TOTAL
EXPENDITURE
Materials Consumed
Purchase of Finished Goods
Employee Benefits
Manufacturing & Other Expenses
Finance Charges
Depreciation
Decrease / (Increase) in stock
TOTAL
PROFIT FOR THE YEAR BEFORE TAX

13

183932026
2474354209

14

787017164
132212445
292341542
586791340
85047272
85914120
(40503312).
1928820571
545533638

15
16
17
18

Less : Provision for Income Tax

- Current Year
- Ealier Year
- Fringe benefit tax
- Earlier year
- Deferred Tax

65946000
45000000
9000000
1416302
23637931
400533405
494310493

PROFIT AFTER TAX

Add : Profit brought forward from previous year
TOTAL
Amount Transfer to general reserve
Amount Transferred to Capital Redemption
Reserve

894843898
30000000
4928810

Interim Dividend paid

Tax on corporate dividend
Balance Carried to Balance Sheet
Earnings per share
NOTES ON ACCOUNTS AND
19
ACCOUNTING POLICES
BALANCE SHEET AS ON 31STMARCH: 2013

34337210
5835610
819742268
14.28

Schedule No
SOURCES OF FUNDS
1 SHARE HOLDERSFUNDS
Share capital
Reserves & Surplus

1
2

As on
31.03.2011
(Rs.)

276447950
1524976621

Balance in the profit and loss A/c

2. LOAN FUNDS
Secured Loans
Un secured Loans
3. DEFERRED TAX LIABILITY
TOTAL
APPLICATION OF FUNDS
1. FIXED ASSET
Gross block
Less: Depreciation
Net Block
Capital work in Progress

3
4

648572827
115749657
180248140
2746040195

1906362513
530567075
1375795438
201444924
1577240362
184627799

2. INVESTMENTS
3. CU RRENT ASSETS,
LOANS&ADVANCES
Inventories
Sundry debtors
Cash & bank balances
Loans & advances

7
8
9
10

493115834
321391935
240891090
579321607
1634270466

Less: current liabilities & provisions

11

650548432

Net current assets

4. MISCELLANEOUS
EXPENSES
(to the extent not written off or
adjusted)

984172034
12

Technology developed expenditure

TOTAL
NOTES ON ACCOUNTS AND
ACCOUNTING POLICIES

2746040195
18