1. Dues to Micro, Small And Medium Enterprises
As informed, the Company does not have any outstanding dues to the
micro small and medium enterprises as defined in the Micros, Small and
Medium Enterprises Act, 2006. The identification of micro, small and
medium enterprises is based on the information available with the
management regarding the status of these parties, which is being relied
upon by the Auditors.
2. Contingent liabilities not provided for: ( Not acknowledged by the
Company )
Particulars 2010-2011 2009-2010
Income Tax Demand for the A.Y.
2005-06 Rs.11, 44,739/- 11, 44,739/-
3. a) Necessary provision for income tax for the year under
consideration has been made.
4. Estimated amount of contracts remaining to be executed on capital
account (net of advances) Rs.Nil (Previous year 30,46,576 ).
5. Hitherto the company was providing depreciation on hoardings and
gantries owned by the company on SLM basis at the rate applicable to
Building as provided under Schedule XIV of the Companies Act,
depreciation on such assets is provided on SLM basis at the rate as
applicable to Plant & Machinery provided under Schedule XIV of the
Companies Act on single shift basis.
6. As per accounting policy adopted in relation to the treatment of
the expenditure incurred in the conduct of outdoor publicity business
in the territory / region hitherto unexploited, the company had
incurred an expenditure classified under the head Deferred Revenue
Expenditure . Since the composite project has been awarded to the
Company for a period of 8 years. The Company has decided to write of
this amount in an equal number of years during the tenure of the
project.
7. Other information required in items of para 4C and 4D of Part II
of Schedule-VI to the Companies Act, 1956
(B) Installed Capacity (As certified by Management)
2010-11
Newsline -30 : 5 Units - Plus 4 Hi tower & capacity of Printing 4
pages per unit of 546 mm cut-off @30,000 copies per
hour (Total 20 Pages inclusive of 6 pages in
colour)
Orient (Super) : 4 Units - Capacity of Printing 4 pages per unit of
546 mm cut-off @ 30,000 copies per hour (16 pages
inclusive of 2 pages in colour)
HM - 30 : 4 Units - 2 Hi Tower & 4 Mono Units, Capacity of
Printing 4 pages per Unit of 546 mm cut-off @
30,000 copies per hour (Total 24 Pages inclusive of
8 pages in colour).
Mitsubishi
Lithopia 750 : Heat Set Machine 4 page back to back colour printing
of 546mm cut off @ 45000 copies per hour.
2009-10
Newsline -30 : 5 Units - Plus 4 Hi tower & capacity of Printing 4
pages per unit of 546 mm cut-off @ 30,000 copies
per hour (Total 20 Pages inclusive of 6 pages in
colour)
Orient (Super) : 4 Units - Capacity of Printing 4 pages per unit of
546 mm cut-off @ 30,000 copies per hour (16 pages
inclusive of 2 pages in colour)
HM - 30 : 4 Units - 2 Hi Tower & 4 Mono Units, Capacity of
Printing 4 pages per unit of 546 mm cut-off @
30,000 copies per hour (Total 24 Pages inclusive
of 8 pages in colour).
Mitsubishi
Lithopia 750 : Heat Set Machine 4 page back to back colour
printing of 546mm cut off @ 45000 copies per hour.
(C) Production
2010-11
5603.58 lacs Pages printed which includes 4829.63 Lacs pages printed
for others, 1293.50 Lacs pages (17.18 lacs copies) for Periodicals
printed by others.
2009-10
5608.82 lacs Pages printed which includes 4833.82 Lacs pages printed
for others, 1286.36 Lacs pages (18.42 lacs copies) for Periodicals
printed by others.
8. Segment Revenue
(I) The company is engaged in the business of printing and publishing
of newspapers and periodicals and also of outdoor advertising. These
businesses are considered as primary segments. In determining the
revenue results, the identifiable segment revenues and expenses are
allocated in relation to the operating activities of the segment and
common expenditure is allocated on a reasonable basis. Likewise, the
assets and liabilities also have been allocated on the basis of
relationship to the operating activities.
9. a) Earnings in foreign exchange during the year Rs, Nil (Previous
years Rs. Nil)
b) Expenditure in foreign currency during the year Rs. Nil (Previous
years Rs. Nil)
10. Previous year''s figures have been regrouped and rearranged
wherever necessary.
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