DRIVIN G ROWTH - Dr. Reddy's

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198 balance sheet | AS AT DECEMBER 31 US$ Note 2001 2000 CURRENT ASSETS Inventories 8 473,999 95,138 Cash at bank 623,007 457,067 Interest receivable 1,167 26,662 Trade debtors 3,340,861 2,609,664 CURRENT LIABILITIES 4,439,034 3,188,531 Trade creditors 1,589,646 415,208 Accounts payable and accrued expenses 4,873 3,718 Dividend payable 75,000 15,000 1,669,519 433,926 NET CURRENT ASSETS 2,769,515 2,754,605 LONG TERM LIABILITIES Unsecured loan 9 (943,867) (943,867) CAPITAL AND RESERVES 1,825,648 1,810,738 Issued capital 10 1,500,000 1,500,000 Revenue 325,648 310,738 1,825,648 1,810,738 VIKRAM BERY Director K SATISH REDDY Director REDDY PHARMACEUTICALS HONG KONG LTD. | FINANCIALS | ANNUAL REPORT 2001
profit and loss account | YEAR ENDED DECEMBER 31 US $ Note 2001 2000 TURNOVER 3 4,732,562 2,016,597 Cost of sales (4,457,777) (1,851,436) Gross profit 274,785 165,161 Other revenue 16,326 63,480 Administrative expenses (201,201) (138,677) OPERATING PROFIT FOR THE YEAR 4 89,910 89,964 Dividends 7 (75,000) (15,000) 14,910 74,964 RETAINED PROFITS AT BEGINNING OF YEAR 310,738 235,774 RETAINED PROFITS AT END OF YEAR 325,648 310,738 NOTE: Other than the net profit attributable to shareholders, the Company had no recognised gains or losses. Accordingly, a statement of recognised gains and losses is not presented in this financial statements. REDDY PHARMACEUTICALS HONG KONG LTD. | FINANCIALS | ANNUAL REPORT 2001 199
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DRIVIN G ROWTH Dr. Reddy’s Labora
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sales of branded formulations grew
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THE ULTIMATE ACCOLADE FOR A PHARMAC
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IT TAKES COURAGE AND VISION TO LOOK
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1997 Entered: Phase I clinical tria
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1987 USFDA Inspection: Ibuprofen fa
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1999 Submitted: ANDA for Omeprazole
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1995 Established: Reddy- Biomed; ou
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ARMED WITH A HIGHLY MOTIVATED AND C
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K ILO L AB FACILITY at Technology D
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SHE PRACTICES HAVE EVOLVED FROM AN
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ADOPTING A COMPETENCY-BASED FRAMEWO
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THE HIGHEST PATRIOTISM AND PHILANTH
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AFTER AN HOUR AT ROSHNI I LEFT WITH
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and valuation THE DICTUM in any kno
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total shareholder’s return “TOT
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4,585,070 equity shares of erstwhil
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REDDY PHARMACEUTICALS HONG KONG LTD
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Pathway enables Reddy US Therapeuti
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AUDITORS THE AUDIT in the financial
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2.Benefits derived as a result of t
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Table B | Technology, absorption, a
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articulation of its corporate visio
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THE LAUNCH OF FLUOXETINE HAS BEEN T
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MUCH OF THE CASH FLOW ARISING OUT O
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WITH THE ANTICIPATED GROWTH IN THE
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CHART B NCE Pipeline Diabetes DRF N
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AURIGENE WILL BUILD SKILLS IN AUTOM
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The highlights of the scheme were:
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INVESTMENTS INVESTMENTS reduced to
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Rs. 108 million (US$ 2.25 million)
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THE STRENGTH OF INDIA’S SCIENTIFI
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internal accounting, administrative
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e disproportionately distributed in
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COMPOSITION AND MEETINGS OF THE BOA
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Table 2 | Remuneration of the direc
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(iii) Ms. G Anuradha (daughter of D
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increase speed of reporting and cre
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the Committee. The Investment Commi
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MANAGEMENT DISCUSSION AND ANALYSIS
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non-executive, independent Addition
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press releases and conducts program
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We state that no investor grievance
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Media Bhaswati Banerjee / R. Rammoh
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CODES AT VARIOUS STOCK EXCHANGES Th
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EQUITY HISTORY OF THE COMPANY Table
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SHAREHOLDING PATTERN AS ON MARCH 31
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dematerialised form may contact the
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UNCLAIMED DIVIDENDS Pursuant to sec
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generics Survey No. 41 Bachupally Q
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financials 103
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annexure to the auditors’ report
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alance sheet | AS AT MARCH 31 (All
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schedules to the balance sheet | (A
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schedules to the profit and loss ac
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schedule to the balance sheet and p
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cash flow statement | YEAR ENDED MA
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auditors’ certificate To The Boar
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consolidated financials
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consolidated balance sheet | (All a
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schedules to the consolidated balan
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Page 145 and 146: schedules to the consolidated profi
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Page 161 and 162: cash flow statement | (contd...) YE
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Page 165 and 166: The net Aggregate of profits (losse
Page 167 and 168: drl investments ltd.
Page 169 and 170: auditors’ report A RAMACHANDRA RA
Page 171 and 172: alance sheet | AS Schedule 2002 200
Page 173 and 174: schedules | AS AT MARCH 31 (Rs) 200
Page 175 and 176: schedules Schedule - 3.00 NOTES TO
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Page 179 and 180: auditors’ report A RAMACHANDRA RA
Page 181 and 182: alance sheet | AS Schedule 2002 200
Page 187 and 188: schedules | FOR THE YEAR ENDED MARC
Page 189 and 190: schedules 7. The information requir
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Page 193 and 194: eddy pharmaceuticals hong kong ltd.
Page 195: eport of the auditors ERNST & YOUNG
Page 199 and 200: notes to financial statements - DEC
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Page 205 and 206: eport of sinay joint-stock company
Page 207 and 208: alance sheet | AS AT DECEMBER 31 (R
Page 209 and 210: eddy antilles n.v.
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Page 215 and 216: dr. reddy’s farmacêutica do bras
Page 217 and 218: dr. reddy’s laboratories, inc.
Page 219 and 220: alance sheet | AS AT MARCH 31 (US $
Page 221 and 222: statement of cash flows | FOR THE Y
Page 223 and 224: notes to the financial statements n
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Page 229 and 230: 9. DIVIDENDS No dividend has been p
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Page 241 and 242: alance sheet | AS AT MARCH 31 (US $
Page 243 and 244: statement of cash flows | FOR THE Y
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eddy cheminor s.a.
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alance sheet | Euros March 31, Fisc
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profit and loss account | FOR THE Y
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accounting rules and methods Annexe
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depreciation | AS Categories A Posi
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ageing analysis of debts receivable
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details of charges to be paid | AS
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effect of different fiscal provisio
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B - Agreements with Mr Luc Lamiraul
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cheminor investments ltd.
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auditors’ report A RAMACHANDRA RA
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alance sheet | AS AT MARCH 31 Parti
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schedules forming part of balance s
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alance sheet abstract and company
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aurigene discovery technologies ltd
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Acknowledgements The Directors take
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annexure to the auditors’ report
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profit and loss account | FOR EXPEN
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schedules forming part of the profi
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schedules forming part of the balan
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zenovus biotech pvt. ltd.
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auditors’ report A RAMACHANDRA RA
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kunshan rotam reddy pharmaceutical
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alance sheet | AS AT DECEMBER 31 (R
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income statement | FOR THE YEAR END
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notes to the financial statements 5
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eddy netherlands b.v.
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alance sheet | AS AT DECEMBER 31 (I
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general notes GENERAL COMMENTS The
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notice
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The remuneration payable by way of
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Item No. 9 The Company had appointe
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DRIVIN G ROWTH - Dr. Reddy's

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