Hindustan Appliances Limited (the company) is a public Limited company
incorporated under the provisions of the companies Act, 1956 vide CIN :
1.1 In the opinion of the management, Current Assets, Loans &
Advances, in most of the cases are subject to confirmations,
reconciliations and adjustments, if any and have a value on realization
in the ordinary course of the business at least equal to the amount at
which they are stated.
1.2 Dues to Micro Small and Medium Enterprises:
The Company does not possess information as to which of its suppliers
are ancillary'' Industrial undertaking/ small scale undertaking holding
permanent registration on certificate issued by the director of the
industrial of state or union territory consequently the liabilities if
any, of interest which would be payable under interest on deferred
payment to small scale land ancillary industrial undertaking ordinance,
1992 cannot be ascertained.
However the Company has not received any claim in respect of interest
from such suppliers.
1.3 :Calculation of deferred tax (Assets)/Liabilities.(Net) as on 31st
March, 2012 : In view of Uncertainty as to utilization of Deferred Tax
assets in relation to Long term and short term capital loss the same is
riot recognized in the financial statement considering prudence and
conservative accounting basis.
1.4. The Company does not have any operational Business and Hence
Segment reporting is not applicable to the company
1.5 Related party disclosure in accordance with the Accounting
Standard 18-issued by the Institute of chartered Accountants of India.
Note : related party relationship is as identified by the company and
relied upon by the auditor.
1.6 C.I.F. value of import: Rs. Nil (Previous Year Rs. NIL).
1.7 F.O.B value of goods exports: Rs. Nil (Previous year Rs. Nil).
1.8 Expenditure in foreign currency: Rs. Nil (Previous year Rs. Nil) .
1.9 Earnings in foreign currency: Rs. Nil (previous year Rs. Nil)
1.10 Earning per Shares.(EPS)
1.11 Previous year''s figures have been regrouped recast and
reclassified wherever necessary to make them . comparable with the
figures of current year.