Schedules forming part of the Financial ... - Thomas Cook India

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