DRIVIN G ROWTH - Dr. Reddy's

234
balance sheet | AS
AT DECEMBER 31
(S$)
Note 2001 2000
FIXED ASSETS
CURRENT ASSETS
(4) 4,681 2,697
Trade receivables 2,254,201 2,795,844
Other receivables and deposits (5) 208,751 172,776
Amount due from a Director (6) – 10,446
Cash at bank and in hand 125,953 171,380
LESS: CURRENT LIABILITIES
2,588,905 3,150,446
Trade payables (7) 2,290,061 2,866,700
Accruals 34,155 38,883
2,324,216 2,905,583
Net current assets 264,689 244,863
NON-CURRENT LIABILITIES
Due to holding company (3) (185,170) (173,150)
Due to a related company (3) (864,894) (758,369)
(1,050,064) (931,519)
PRE-INCORPORATION EXPENSES – 1,227
REPRESENTED BY
Share Capital
AUTHORISED
(780,694) (682,732)
100,000 ordinary shares of S$ 1/- each 100,000 100,000
ISSUED AND FULLY PAID
2 ordinary shares of S$ 1/- each 2 2
ACCUMULATED LOSS (780,696) (682,734)
Total equity (780,694) (682,732)
The annexed notes form an integral part of these accounts.
REDDY PHARMACEUTICALS SINGAPORE PTE LTD. | FINANCIALS | ANNUAL REPORT 2001