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DRIVIN G ROWTH - Dr. Reddy's

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profit and loss account | YEAR<br />

ENDED DECEMBER 31<br />

US $<br />

Note 2001 2000<br />

TURNOVER 3 4,732,562 2,016,597<br />

Cost of sales (4,457,777) (1,851,436)<br />

Gross profit 274,785 165,161<br />

Other revenue 16,326 63,480<br />

Administrative expenses (201,201) (138,677)<br />

OPERATING PROFIT FOR THE YEAR 4 89,910 89,964<br />

Dividends 7 (75,000) (15,000)<br />

14,910 74,964<br />

RETAINED PROFITS AT BEGINNING OF YEAR 310,738 235,774<br />

RETAINED PROFITS AT END OF YEAR 325,648 310,738<br />

NOTE:<br />

Other than the net profit attributable to shareholders, the Company had no recognised gains or losses. Accordingly, a statement of<br />

recognised gains and losses is not presented in this financial statements.<br />

REDDY PHARMACEUTICALS HONG KONG LTD. | FINANCIALS | ANNUAL REPORT 2001<br />

199

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