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B and A
BSE: 508136|ISIN: INE489D01011|SECTOR: Plantations - Tea & Coffee
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« Mar 10
Notes to Accounts Year End : Mar '11
1.  Manufacturing Income of Rs. NIL (Previous year Rs. 42,80,595/-) is
 on account of Tea manufactured for other concern.
 
 2.  Other liabilities in Schedule 11 include Rs. 2,77,872/- (Previous
 year Rs. 77,946/-) in respect of unclaimed dividends.
 
 4.  Estimated amount of contracts remaining to be executed on capital
 account and not provided for Rs. Nil (Previous Year Rs. Nil)
 
 5.  Interest paid includes Rs. 1,35,76,056/- on Fixed Period
 Loans.(Previous Year Rs. 72,64,052/-)
 
 6.  No provision pursuant to the Accounting Standard for Investment
 (AS-13) of Companies (Accounting Standard) Rule, 2006 has made for
 diminuation if any in the value of long term investments as the
 management feels that there is no permanent diminuation in value.
 
                                        Current Year    Previous Year
 
 8.  Contingent Liabilities
 
 - Guarantee provided to State Bank of 
 India in respect of working capital 
 of Subsidiary Company                             –     10,45,00,000
 
 - Liability for Excise Duty               11,27,944        12,61,660
 
 - Liability for Provident Fund (for 
 ration to employees)                      11,83,069                –
 
 9.  As per Accounting Standard-15 Employees'' Benefits have been
 provided in the Accounts.
 
 16.  The Company has only one business segment of manufacture and sale
 of black tea, hence AS 17 of Companies accounting Rules 2006 do not
 apply.
 
 18.  Related party disclosure - pursant to AS 18 of Companies
 (Accounting Standards) Rules 2006 :
 
 a) Where control exists :
 
 Related Parties Relationship
 
 Name : B&A Packaging India Ltd.
 
 (Formerly B&A Multiwall Packaging Ltd.) Subsidiary Company
 
 b) Others
 
 Mr. H. P. Barooah Key Management Personnel
 
 Mr. Somnath Chatterjee Key Management Personnel
 
 Mrs. Sarmila Shetty Key Management Personnel
 
 Mrs. Gargi Barooah Relative of Key Management Personnel
 
 20.  Green leaf purchased & consumed during the year : 87,94,981 Kg.
 (Previous Year 77,37,327 kg.)
 
 21.  Previous Year''s figures have been regrouped and rearranged,
 whereever considered necessary.
 
Source : Dion Global Solutions Limited
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