I.                                                Rs.in lakhs
 
                                  As at 31st March   As at 31st March
                                       2012              2011
 
 CONTINGENT LIABILITIES:
 
 Estimated amounts of contracts
 remaining to be executed
 and not provided for                1,925.00            0.00
 Claims under adjudication not 
 acknowledged as debts:
 
 i) Demands raised by Income Tax, 
 Excise & Service Tax Authorities       58.01           58.01
 
 Contingent Liabilities:
 
 II) Bank & other Guarantees
 
 I. The presentation of the accounts is based on the Revised Schedule VI
 of the Companies Act, 1956, applicable from the current financial year.
 Accordingly, previous year figures are realigned to make it comparable
 with the current year. Assets & Liabilities are bifurcated into current
 and non-current based on 12 months period from the Balance Sheet date,
 as the Operating cycle of the Company is less than one year.
 
 1. The company has invested in Accentia Physician services a software
 development company which is in to development of software related to
 EMR and SaaS. During the current year investment made for acquiring
 17.85% of the total shares of the company. The company has strategic
 investment plan to take over the full control of the company over a
 period of time.
 
 2.  Erstwhile GET, has taken commercial premises under financial lease.
 The Company to recognize the lease as an asset and a liability. This
 has been disclosed pursuant to Accounting Standards 19,Leasesissued
 by the Instituteof Chartered Accountants of India.
 
 3.  The company has not received any intimation from the suppliers
 regarding The Micro, Small and Medium Development Act, 2006 (the Act)
 and hence disclosure regarding:
 
 a) Amount due and outstanding to suppliers as at the end of the
 accounting year.
 
 b) Interest paid during the year.
 
 c) Interest payable at the end of the accounting year.
 
 d) Interest accrued and unpaid at the end of accounting year and has
 not been provided.  The Company is making efforts to get the
 confirmations from the suppliers as regards their status under the Act.
 
 4.  In the opinion of the Board, the Current Assets, loans and Advances
 have a value on realization in the ordinary course of business at least
 equal to the amount at which they are stated in the financial
 statements and provision made for all known and determined liabilities
 are adequate and not in excess of the amount stated.
 
 5.  Previous year figures have been regrouped, reclassified and
 rearranged wherever necessary to confirm to this year''s classification.
 Figures with previous year are not comparable due to merging of the
 company during the current year.
 
 6.  Balance sheet Abstract & Companies general business profile as
 required by Part IV Schedule VI to the Companies Act 1956 is enclosed
 in Annexure A''.