Cadbury India
BSE: 500793 | NSE: CADBURY | ISIN: INE184A01014 | Food Processing
- Directors Report
- Chairman's Speech
- Auditors Report
- Notes To Accounts
- Accounting Policy
- Finished Products
- Raw Materials
| Notes to Accounts | Year End : Dec '08 |
1. CONTINGENT LIABILITIES
2008 2007
Rs. Lacs Rs. Lacs
Claims against the Company not
acknowledged as debts 7,351.86 8,702.91
2. Estimated amount of Contracts remaining to be executed on capital
account and not provided for (net of advances) Rs. 4022.42 Lacs
(previous year Rs. 1909.44 Lacs).
3. The Company is engaged in the food business, which in the context
of Accounting Standard 17 is consideredto be its only business segment.
The geographical segmentation is insignificant, as exports are less
than 1% of the Companys turnover.
4. RELATED PARTY DISCLOSURES
i. Names and Relationships of Related Parties
a. Holding Companies:
Cadbury Schweppes Overseas Ltd. holds 56.59% (P.Y. 54.85%) equity
shares and Cadbury Schweppes Mauritius Ltd. holds 41.02% (P.Y.42.74 %)
equity shares in the Company; the ultimate holding company being
Cadbury PLC.
b. Fellow Subsidiary Companies/ Entities:
1. Cadbury International Ltd.
2. Cadbury (Middle East) FZE
3. Cadbury Australia
4. Cadbury Ghana Limited
5. Cadbury Adams (Colombia) Limited.
6. Cadbury Malaysia
7. Cadbury Pakistan Limited
8. Cadbury Schweppes Asia Pacific Limited
9. Cadbury Trebor Bassett
10. Cadbury Adams US LLC
11. Cadbury Adams Mexico
12. Cadbury Enterprises Pte Ltd.
13. Mecca Holdings BV
14. Cadbury Holdings Ltd.
15. CS Business Service (India) Pvt. Ltd.
16. Cadbury Foods Co Ltd. - China
17. Cadbury Canada
18. Cadbury Philippines
19. Reading Scientific Services Ltd. (RSSL)
c. Subsidiary Company: Induri Farm Limited.
d. Key Management Personnel:
Mr. Anand Kripalu Managing Director
Mr. Girish M Bhat* Director
Mr. Jaiboy Phillips Director
Mr. Sanjay Purohit Director
Mr. Chandramouli V Director
Mr. Sunil Sethi Director
Mr. Atul Bhatia Director
Mr. Rajesh Garg ** Director
Mr. Radhakrishnan Menon*** Director
* Resigned with effect from 31st March, 2008.
** Joined as an Executive Director with effect from 1st April 2008.
*** Resigned with effect from 31 st August 2007 as an Executive
Director and has since served as a Non-executive Director
5. Lease payments recognised in the Profit and Loss account for the
year are Rs. 813.69 Lacs (Previous year Rs. 607.34 Lacs).
6. Amounts of the previous year are regrouped and reclassified
wherever necessary to correspond to amounts of the current financial
year.
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| Source : Religare Technova | |
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