1.  General Information
 
 CAT Technologies Limited (the Company or CAT) is engaged in
 the business of Medical Transcription, Training, Software Development
 and consulting services.
 
 (a) Rights attached to Shares
 
 Equity Shares: The Company has one class of equity shares having a par
 value of Rs. 10/- per share. Each Shareholder is eligible for one vote
 per share held.
 
 (b) GDR issue details
 
 (i) In the Financial Year 2007-08 43,04,348 No''s GDR equivalent to
 2,58,26,088 Equity Shares of Rs. 10/- each have been issued as 1 GDR is
 equivalent to 6 Equity Shares
 
 (ii) In the Financial Year 2009-10 15,95,333 No''s GDR equivalent to
 4,78,59,990 Equity Shares of Rs. 10/- each have been issued as 1 GDR is
 equivalent to 30 Equity Shares
 
 Note:
 
 (a) Nature of Security and terms of repayment for Secured Borrowings
 Nature of Security
 
 Vehicle loan from HDFC amounting to Rs. NIL /- (March 31,2011: Rs 1.67
 Lakhs) is secured by way of Hypothecation of Vehicle.
 
 Terms of Repayment
 
 Repayable in 11 equal monthly instalments of Rs. 15,850/- each
 
 (b) Unsecured Loans are repayable as and when the Lender serves the
 intimation to the Company. As such there are no Terms for repayment of
 these unsecured loans.
 
 (c) The above loan from Mr.Dinesh Kumar Jaiswal (Director) is repayable
 on demand.
 
 Note: In accordance with Accounting Standard 22 on Accounting for Taxes
 on Income, the Company has computed Deferred Tax Asset amounting to
 Rs.8.75 Lacs on account of timing difference in relation to
 depreciation as per books vis.a.vis Tax Laws.
 
 Note:
 
 (a) Overdraft Loans from banks are secured by first charge on Land &
 Building at 404, 4th floor, Chandralok Complex, Paradise, Secunderabad
 belonging to the director of the company.
 
 (b) Vehicle loan from HDFC amounting to Rs. 166,497/- (March 31,2011:
 Rs 2.90 Lakhs) is secured by way of Hypothecation of vehcile.
 
 2.  Contingent Liabilities
 
 There are no contingent liabilities.
 
 3.  Capital and other commitments
 
 There are no capital and other commitments as on the date of Balance
 Sheet.
 
 a.  Goodwill
 
 During the previous year''s goodwill was considered under
 Miscellaneous expenditure not written off, where as in the current year
 as per the revised schedule VI goodwill is grouped under intangible
 assets. As per the decision of the Management, Goodwill is not being
 written off.
 
 b.  Segment Reporting
 
 The Company''s exclusive business is Medical Transcription, Training
 Software Development and Consulting Services as such this is the only
 reportable segment as per Accounting Standard - 17 on Segment Reporting
 issued by the Institute of Chartered Accountants of India. As the
 Company consider whole of India as a-single geographical segment, the
 disclosures related to secondary segments are not relevant for the
 Company.
 
 c.  Related Party Disclosures
 
 List of related parties with whom transactions have taken place during
 the year:
 
 a) Associates: CAT Degree College
 
 CAT Technology Inc
 
 CAT Technology FZE
 
 Espirit Technologies Pvt Ltd
 
 Veteran Typewriting Institute & Xerox Centre
 
 b) Relatives of Directors Mrs.Nisha Jaiswal
 
 Mrs.Namrita Jaiswal Mrs.Muneerosmani
 
 c) Key Managerial Personnel Mr.Dhiraj Kumar Jaiswal-Managing Director
 
 Mr. C.K.M. Prasad - Wholetime Director
 
 d.  Taxation
 
 Current tax is reckoned based on the current year''s income and tax
 payable in accordance with the prevailing tax laws. Further income tax
 paid for the Asst Year 2009-2010 amounting to Rs. 4.55 lakhs is
 included in the current years tax.
 
 In accordance with Accounting Standard 22 on Accounting for Taxes on
 Income, the Company has computed Deferred Tax Asset amounting to
 Rs.7,93,396/- on account of timing difference in relation to
 depreciation as per books vis-a-vis Tax Laws.
 
 e.  Leases
 
 Operating Lease: The Company has significant operating lease for
 premises at sites. These lease arrangements operate for a period
 between 1 year to 10 years. The said leases are renewable for further
 period on mutually agreeable terms and also include escalation clause.
 
 f.  Dues to Micro and Small Enterprises
 
 The information required to be disclosed under the Micro, Small and
 Medium Enterprises Development Act, 2006 has been determined to the
 extent such parties have been identified on the basis of information
 available with the company. There are no over dues to parties on
 account of principal amount and / or interest and accordingly no
 additional disclosures have been made.
 
 g.  Previous Year Figures
 
 The financial statements for the year ended March 31, 2012 have been
 prepared as per the then applicable, Schedule VI to the Companies Act,
 1956. Consequent to the notification for Revised Schedule VI under the
 Companies Act, 1956, the financial statements for the year ended March
 31, 2012 are prepared as per Revised Schedule VI. Accordingly, the
 previous year figures have also been reclassified/re-grouped to confirm
 the current year''s classification. The adoption of Revised Schedule
 VI for previous year figures does not impact recognition and
 measurement principles followed for preparation of financial statements
 except for accounting disclosure.