అకౌంట్స్ గమనికలుNaina Semiconductor Ltd.

Mar 31, 2014

1. Contingent Liabilities (Rupees in lacs) Current Year Previous Year

A. Guarantee executed by the company against the letter of credit established by the Bank Guarantee issued by the Bank on behalf of the company. 45.00 32.36

B E.S.I. demand of the dues which has been challenged by the company in the ESI Court. 0.38 0.38

C Excise Duty and penalty demanded by the Central Excise which has been challenged by the Company in the Tribunal (Appeal) Custom & Central Excise 0.00 0.00

2. In the opinion of the management the Current Assets, Loans & Advances are approximately of the value stated, if realised in the ordinary courses of business. The provision for the known liabilities is adequate and not in excess of amount reasonably necessary.

3. Figures have been rounded off to the nearest lacs of Rupees and have been regrouped and recast to make them comparable with previous year figures wherever considered necessary.

4. Sales (Exclusive excise duty& other taxes) of Rs.593.40 lacs and scrap sales of Rs. Nil.

5. The Company has note paid annual listing fee to the Delhi and Ahmadabad Stock Exchange where the equity shares were listed as company has applied for delisting of the shares. Mumbai & Kanpur stock exchanges had suspended the trading due to some reason and due to this fees are not paid.

6. Small Scale Industrial Undertaking to whom the Company owes in excess of Rs. 1,00,000/- for more than 31 days are Nil.

7. In accordance with AS-22 issued by The Institute of Chartered Accountants of India Deferred Tax Assets amount to Rs. 53.56 for the year 2013-14.

8. As required by Accounting Standard - AS 18 "Related Parties Disclosure" issued by The Institute of Chartered Accountants of India. There are no related parties in this regard.

9. Additional information pursuant to the provision of Section 3, 4C and 4D of part 11 Schedule VI of the Companies Act, 1956.

10. Transactions in foreign currencies are recorded at the average rates prevailing on transaction, current assets and current liabilities not covered by forward exchange contracts are translated at year-end exchange rates and the profit/loss so determined and also the realized exchange gains and losses are recognized in the profit and loss account.

11. Income tax expense comprises of current tax (amount of tax and deferred tax charge or credit (reflecting the tax effects of timing differences between accounting income and taxable income for the period) determined in accordance with accounting standard 22 of the Institute of Chartered Accountants to the extend here is virtual certainty that the assets can be realized in future the liabilities or assets are recognized using the tax rates that have been enacted or substantially enacted by the Balance Sheet date.

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Mar 31, 2011

1. Contingent Liabilities (Rupees in lacs)

Current Previous Year Year

A. Guarantee executed by the 35.40 38.76 company against the letter of credit established by the Bank Guarantee issued by the Bank on behalf of the company.

B. E.S.I, demand of the dues 0.38 0.38 which has been challenged by the company in the ESI Court.

C. Excise Duty and penalty 0.00 0.00 demanded by the Central Excise which has been challenged by the Company in the Tribunal (Appeal) Custom & Central Excise

2. In the opinion of the management the Current Assets, Loans & Advances are approximately of the value stated, if realised in the ordinary courses of business. The provision for the known liabilities is adequate and not in excess of amount reasonably necessary.

3. Figures have been rounded off to the nearest lacs of Rupees and have been regrouped and recast to make them comparable with previous year figures wherever considered necessary.

4. Sales (include excise duty& other taxes) of Rs.690.32 lacs and scrap sales of Rs. Nil.

5. The Company has note paid annual listing fee to the Delhi and Ahemdabad Stock Exchange where the equity shares were listed as company has applied for delisiting of the shares. Mumbai & Kanpur stock exchanges had suspended the trading due to some reason and due to this fees are not paid.

6. Small Scale Industrial Undertaking to whom the Company owes in excess of Rs. 1,00,000/- for more than 30 days are Nil.

7. In accordance with AS-22 isued by The Institute of Chartered Accountants of India Deffered Tax Assets amount to Rs. 57.44 for the year 2010-11.

8. As required by Accounting Standard - AS 18 "Related Parties Disclosure" issued by The Institute of Chartered Accountants of India. There are no related parties in this regard.

9. Additional information pursuant to the provision of Section 3, 4C and 4D of part 11 Schedule VI of the Companies Act, 1956.

10. Transactions in foreign currencies are recorded at the avarge rates prevailing on transaction, current assets and current liablieties not covered by forward exchange contracts are translated at year-end exchange rates and the profit/loss so determined and also the realised exchange gains and losses are recognised in the profit and loss account.

11. Income tax expense comprises of current tax (amount of tax and deferred tax charge or credit (reflecting the tax effects of timing differences between accounting income and taxable income for the period) determined in accordance with accounting standard 22 of the Institute of Chartered Accountants to the extend here is virtual certainty that the assets can be realised in future the liabilities or assets are recognisedusing the tax rates that have been enacted or substantially enacted by the Balance Sheet date. 236.83 laks for the previous year.

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Mar 31, 2010

1. Contingent Liabilities (Rupees in lacs)

Current Year Previous Year

A. Guarantee executed by the company against the letter of credit established by the Bank Guarantee issued by the Bank on behalf of the company. 38.76 20.16

B E.S.I, demand of the dues which has been challenged by the company in the ESI Court. 0.38 0.38

C Excise Duty and penalty demanded by the Central Excise which has been challenged by the Company in the Tribunal (Appeal) Custom & Central Excise 0 0



2. In the opinion of the management the Current Assets, Loans & Advances are approximately of the value stated, if realised in the ordinary courses of business. The provision for the known liabilities is adequate and not in excess of amount reasonably necessary.

3. Figures have been rounded off to the nearest lacs of Rupees and have been regrouped and recast to make them comparable with previous year figures wherever considered necessary.

4. Sales (include excise duty& other taxes) of Rs.602.20 lacs and scrap sales of Rs. Nil.

5. The Company has note paid annual listing fee to the Delhi and Ahemdabad Stock Exchange where the equity shares were listed as company has applied for delisiting of the shares. Mumbai & Kanpur stock exchanges had suspended the trading due to some reason and due to this fees are not paid.

6. Small Scale Industrial Undertaking to whom the Company owes in excess of Rs. 1,00,000/- for more than 30 days are Nil.

7. In accordance with AS-22 isued by The Institute of Chartered Accountants of India Deffered Tax Assets amount to Rs. 61.36 for the year 2009-10.

8. As required by Accounting Standard - AS 18 "Related Parties Disclosure" issued by The Institute of Chartered Accountants of India. There are no related parties in this regard.

9. Additional information pursuant to the provision of Section 3, 4C and 4D or part 11 Schedule VI of the Companies Act, 1956.

10. Transactions in foreign currencies are recorded at the avarge rates prevailing on transaction, current assets and current liablieties not covered by forward exchange contracts are translated at year-end exchange rates and the profit/loss so determined and also the realised exchange gains and losses are recognised in the profit and loss account.

11. Income tax expense comprises of current tax (amount of tax and deferred tax charge or credit (reflecting the tax effects of timing differences between accounting income and taxable income for the period) determined in accordance with accounting standard 22 of the Institute of Chartered Accountants to the extend here is virtual certainty that the assets can be realised in future the liabilities or assets are recognisedusing the tax rates that have been enacted or substantially enacted by the Balance Sheet date. 236.83 laks for the previous year.