| Particulers |
Quarter
Ended 31/06/99 |
Six
Months Ended 31/06/99 |
Previous
Year Six Months Ended 31/06/98 |
Year
Ended 31/12/98 |
|
Net Sales |
14467 |
28801 |
26263 |
50049 |
 |
| Other
Income |
37 |
60 |
38 |
141
|
|
|
Total Expenditure |
13200 |
26890 |
25166 |
47976 |
|
|
Interest |
284 |
588 |
352 |
1046 |
|
| Gross
Profit after Interest but before Depreciation and Taxation |
1020 |
1383 |
783 |
1168 |
|
|
Depreciation |
168 |
314 |
174 |
420 |
|
|
Profit before Extraordinary Items |
852 |
1069 |
609 |
748
|
|
| Extraordinary
Items |
|
|
|
|
|
|
-Provision for contingencies written back |
-- |
-- |
455 |
455 |
|
|
-Payment under Voluntary Retirement Scheme |
-- |
-- |
(440) |
(440)
|
|
| Profit
after Extraordinary Items |
852 |
1069 |
624 |
763 |
|
|
Provision for Taxation |
350 |
350 |
245 |
245 |
|
|
Net Profit after Taxation |
502 |
719 |
379 |
518 |
|
|
--------------------------------------------------
|
|
|
--------- |
--------- |
|
| Paid
up Equity Share Capital |
699 |
699 |
699 |
699
|
|
|
Reserves excluding Revaluation Reserve |
|
|
|
11142 |
|
| 1. |
Y2K
Preparedness: |
| a) |
The
Company has been assessing its key systems and suppliers and
making corrections, repairs, contingency plans as necessary
and it believes it will not be materially impacted by Y2K problems
in its own systems and is maintaining a continuous and elaborate
follow up with the suppliers of critical materials and services
and public utility providers as to the status of their Y2K compliance.
|
| b) |
The
Company has budgeted approx Rs. 250 lakhs for Y2K compliance.
|
| 2
. |
The
Company has completed the allotment of rights shares as a result
of which the share capital of the Company stands increased to
Rs. 1118.50 lakhs and reserve & surplus stands at Rs. 18061.21
Lakhs with effect from 3rd August, 1999. |
| 3. |
Previous
year figures for the 6 months ended 30th June 1998 have been
recast wherever necessary. |
| 4. |
The
above results were taken on record by the Board of Directors
of the Company at the Meeting held on 3rd August, 1999. |
| |
For
KODAK INDIA LIMITED
H. Dhanrajgir
Managing Director
|
