DRIVIN G ROWTH - Dr. Reddy's

schedules forming part of the balance sheet | AS
AT MARCH 31
schedule 1.01
SHARE CAPITAL
Authorised
30,00,000 Equity shares of Rs 10/- each 30,000,000
Subscribed and paid up
10,000 Equity shares of Rs 10/- each fully paid up 100,000
(the above 10,000 equity shares of Rs 10/- each
fully paid-up are held by Dr. Reddy’s Laboratories Ltd.
the holding company)
schedule 1.02
UNSECURED LOANS
Loan from Dr. Reddy’s Laboratories Limited,
the holding company 5,272,908
Total 5,272,908
schedule 1.03
PRE-OPERATIVE EXPENDITURE INCURRED
DURING IMPLEMENTATION OF THE PROJECT
(NOT YET ADJUSTED/ALLOCATED) FROM
23RD JANUARY, 2001 (BEING THE DATE OF
INCORPORATION) UPTO 31ST MARCH, 2002.
Salaries, wages & benefits to employees 803,978
Travelling expenses 61,091
Lease rent 157,500
Power charges 79,206
Rates & taxes 56,468
Professional charges 130,510
Postage, telephone and telegrams 41,822
Printing & stationary 14,061
Bank charges 3,183
R & D expenses 103,317
Repairs & maintenance 450,876
Security service charges 114,485
Miscellaneous expenses 97,941
Directors’ sitting fees
Auditors’ remuneration:
4,000
Audit fee including service tax 10,500
Total 2,128,938
(Rs)
2002
ZENOVUS BIOTECH PVT. LTD. | FINANCIALS | ANNUAL REPORT 2001-2002
293