Hindustan Unilever

1 Interest paid on bank and other accounts Rs. 25,32.29 lakhs (2007 -
 Rs. 25,49.66 lakhs), including on fixed period loan Rs. 1,00.68 lakhs
 (2007 - Rs. Nil)
 
 2 Interest income - non trade (gross) comprises of Rs. 17,09.00 lakhs
 (2007 - Rs. 18,08.54 lakhs) and Rs. 1,37.19 lakhs (2007 - Rs. 3,29.25
 lakhs) in respect of long term and current investments respectively.
 
 3 i) The net difference in foreign exchange (i.e. the difference
 between the spot rates on the dates of the transactions, and the actual
 rates at which the transactions are settled / appropriate rates
 applicable at the year end) credited to the Profit and Loss Account is
 Rs.32,67.74 lakhs (2007 - Rs. 17,70.62 lakhs).
 
 ii) The above includes gain of Rs 61,22.97 lakhs 
 (2007 - loss Rs. 8,77.02 lakhs) booked under miscellaneous income on
 account of mark to market valuation of open forward contracts and 
 monetary items (viz. foreign currency receivables
 and payable) in line with AS - 11.
 
 4.  i) Pursuant to the Scheme of arrangement for demerger of the
 Brookefields property of the Company to its subsidiary, Brooke Bond
 Real Estates Private limited with effect from 1st September 2008, as
 approved by the shareholders in the Court-convened meeting held on 29th
 April, 2008 and subsequently sanctioned by the Honourable High Court of
 Bombay on 25th July 2008, the Brookefield property along with other
 assets has been transferred at cost (book value) to the Subsidiary
 Company for a consideration in the form of 1,29,36,000 equity shares of
 face value of Rs.10 each.
 
 ii) The Company has changed its accounting year from January - December
 to April - March with effect from the current year. Accordingly, the
 current year’s financial statements are for fifteen months from 1st
 January 2008 to 31st March 2009. The previous year’s figures relate to
 12 months ended 31st December 2007.
 
 iii) In view of the above, the current year’s figures are accordingly,
 not comparable to those of the previous year.
 
 5 Closing Stock - Consequent to implementation of SAP transaction
 system, there has been a standardisation in definition of inventory
 items leading to their reclassification. The comparable numbers of the
 previous period are not determinable, hence not regrouped.
 
 6 The Company’s significant leasing arrangements are in respect of
 operating leases for premises (residential, office, stores, godown
 etc.) and computers. These leasing arrangements which are not
 non-cancellable range between 11 months and 10 years generally, or
 longer, and are usually renewable by mutual consent on mutually
 agreeable terms. The aggregate lease rentals payable are charged as
 Rent in the profit and loss account (refer Note 4).
 
 7 Taxation adjustments of previous years include interest, etc.
 
 8 For information on Joint Ventures refer Schedule 22 to the Balance
 Sheet.
 
 9 Previous year’s figures have been regrouped/restated wherever
 necessary to conform to this year’s classification.
 
 10 Certain demands for increased wages, etc. received from workmen have
 been referred to adjudication. In the opinion of the Company’s
 management, the ultimate liability to the Company, if any, with respect
 to such demands would not have a material effect on the accounts.
 
 11 MICRO AND SMALL SCALE BUSINESS ENTITIES
 
 There are no Micro and Small Enterprises, to whom the Company owes
 dues, which are outstanding for more than 45 days as at 31st March,
 2009. This information as 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.
 
 12 Previous year’s figures have been regrouped wherever necessary to
 conform to this year’s classification.