Schedules forming part of the Financial ... - Thomas Cook India
Schedules forming part of the Financial ... - Thomas Cook India
Schedules forming part of the Financial ... - Thomas Cook India
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Consolidated Pr<strong>of</strong>it and Loss Account<br />
for <strong>the</strong> year ended 31st December, 2011<br />
<strong>Thomas</strong> <strong>Cook</strong> (<strong>India</strong>) Limited<br />
Schedule Year ended<br />
Year ended<br />
31st December, 2011<br />
31st December, 2010<br />
Rupees Rupees Rupees Rupees<br />
INCOME<br />
Revenue 3,737,926,711 3,179,542,263<br />
Less: Prior Period items [Refer Note 3(h) <strong>of</strong> Schedule “Q”] - 75,841,212<br />
3,737,926,711 3,103,701,051<br />
O<strong>the</strong>r Income M 289,496,732 301,984,709<br />
EXPENDITURE<br />
4,027,423,443 3,405,685,760<br />
Personnel Cost N 1,540,113,484 1,290,299,496<br />
Advertisement and Business Promotion 199,724,404 206,019,708<br />
O<strong>the</strong>r Expenses O 1,110,940,208 920,655,409<br />
Interest and O<strong>the</strong>r Finance Expenses<br />
(Net <strong>of</strong> Interest Income)<br />
P 230,850,263 217,401,608<br />
Depreciation / Amortisation F 139,350,757 135,041,975<br />
3,220,979,116 2,769,418,196<br />
PROFIT BEFORE TAXATION AND EXCEPTIONAL ITEM 806,444,327 636,267,564<br />
Add: Exceptional Item [Refer Note 3(i) <strong>of</strong> Schedule “Q”] - 100,000,000<br />
PROFIT AFTER EXCEPTIONAL ITEM AND BEFORE TAXATION<br />
Provision for Taxation<br />
806,444,327 736,267,564<br />
Current Tax 265,634,446 242,365,360<br />
MAT Entitlement credit [Refer Note 3(l) <strong>of</strong> Schedule “Q”] (997,041) (24,870,115)<br />
264,637,405 217,495,245<br />
Short Provision <strong>of</strong> Income Tax for earlier years 5,871,214 -<br />
Deferred Tax (26,460,556) 47,162,698<br />
244,048,063 264,657,943<br />
NET PROFIT AFTER TAXATION 562,396,264 471,609,621<br />
Add:Transfer from Reserve created under Section<br />
80HHD <strong>of</strong> <strong>the</strong> Income-tax Act, 1961<br />
- 15,000,000<br />
562,396,264 486,609,621<br />
Balance brought forward from previous year 1,381,972,524 1,029,606,280<br />
APPROPRIATIONS<br />
1,944,368,788 1,516,215,901<br />
Transfer to General Reserve 55,912,209 41,538,102<br />
Dividend for <strong>the</strong> previous year paid during <strong>the</strong> year<br />
Corporate Dividend Tax for <strong>the</strong> Previous year and<br />
26,225 73,185<br />
paid during <strong>the</strong> year 4,254 12,155<br />
Proposed Dividend on Equity Shares 79,502,761 79,427,887<br />
Proposed Dividend on Preference Shares 59 59<br />
Corporate Dividend Tax 12,284,305 13,191,989<br />
Balance carried to Balance Sheet 1,796,638,975 1,381,972,524<br />
1,944,368,788 1,516,215,901<br />
Earnings per Share - Basic 2.65 2.23<br />
Earnings per Share - Diluted 2.58 2.17<br />
[` per Equity Share <strong>of</strong> ` 1 each]<br />
[Refer Note 3(g) <strong>of</strong> Schedule “Q”]<br />
Notes to <strong>the</strong> Consolidated <strong>Financial</strong> Statements Q<br />
<strong>Schedules</strong> “F” and “M” to “Q” referred to above form<br />
an integral <strong>part</strong> <strong>of</strong> <strong>the</strong> Pr<strong>of</strong>it and Loss Account.<br />
In terms <strong>of</strong> our report <strong>of</strong> even date For and on behalf <strong>of</strong> <strong>the</strong> Board<br />
For LOVELOCK & LEWES<br />
Firm Registration Number: 301056E<br />
Chartered Accountants<br />
NAGNATH V PAI<br />
Partner<br />
Membership No. 36134<br />
MADHAVAN MENON<br />
VINAYAK K. PUROHIT<br />
RAKSHIT DESAI<br />
R. R. KENKARE<br />
Mumbai, 16th February, 2012 Mumbai, 16th February, 2012<br />
–<br />
–<br />
–<br />
–<br />
Managing Director<br />
Executive Director - Finance<br />
Executive Director - Foreign Exchange<br />
President & Head - Legal &<br />
Company Secretary<br />
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