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Notes to Accounts of Filmcity Media Ltd.

Mar 31, 2013

1. In the opinion of the Board the value of Current Assets, Loans & Advances have a value in ordinary course of business at least equal to that stated in the Balance Sheet except in case of those show in doubtful. Loans & Advances, Sundry Debtors & Sundry creditors are subject to confirmation from the parties.

2. No Interest has been provided for the year on loans & advances made by the Company during the year in many cases.

3. Estimated Amount of Contracts Remaining to be executed on Capital Accounts and not provide for Rs. NIL

4. Additional information Pursuant to the Provision of Paragraph 3, 4C and 40 of pari; II of the Schedule VI of the Companies Act, 1956.

A. Particulars of Purchase, Turnover and Stock of Goods traded in -

5. Other additional information - NIL (Previous Year NIL)

C. Earning & Expenditure in Foreign Currency-NIL ( Previous Year NIL)

6. Previous Year''s Figure have been Regrouped and rearrange wherever found necessary. Signature to the Schedule 1 to 21 forming part of the Balance Sheet & Profit & Loss Account.


Mar 31, 2012

1 -Note: Under the scheme of Amalgamation approved by the court 200.000.000 shares of Re.l /- each alloted to existing Shareholders of Filmcity Communication Technologies Ltd. ( Transferor Company) holding 80,000,000 shares in ratio of 2.5 shares for each shares held, for consideration other than Cash.

2 -Terms/rights attached to equity shares

The company has only one class of shares having a par value at Rs. I /- per share.Each holder of equity shares entitled one vote per share.

3 -Details of shareholders holding more than 5% shares in the company

4 Contigent liabilities not provided for - NIL

5 Estimated amount of contracts remaining to be executed on capital account and not provided for - NIL

6 Segment Reporting - During the year company's main revenue is from only one segment sale of T.V. serials. Films and Songs. As such there are no other separate reportable segments as specified in Ac- counting standadrd (AS-17) "Segment Reporting" of the Institute of Chartered Accountants of India.

7 In the opinion of the Board of Directors and to the best of their knowledge and belief the value of reali- sation of Current Assets, Loans & Advances in the ordinary course of business will not be less than the amount at which they are stated in the Balance Sheet. No confirmations are obtained from the Trade receivables. Trade payables and those pertaining to loans & advances.

8 Previous years figures have been regrouped/rearranged, where necessary.


Mar 31, 2011

1. Pursuant to the Shareholders approval at the meeting held on 12/02/2009 which was convened as per the Orders of the Hon'ble High Court of Judicature at Bombay (Court) and its Order in Company Petition Nos 150 on 16/02/2009 sanctioning the Scheme, the assets and liabilities of FCTL whose principal business was Production /Trading of TV Softwares were transferred to and vested in the company with effect from the appointed date 31/07/2008 in accordance with the Scheme so sanctioned. The Scheme has, accordingly, been given effect to in the Accounts.

2. The amalgamation has been accounted for under the Pooling of Interest Method of Accounting as prescribed by Accounting Standard 14 (AS-14) book issued by the Institute of Chartered Accountants of India. The assets and liabilities of the erstwhile FCTL as at 31/07/2008 have been taken over at their book values.

3. Pursuant to the Scheme as approved by the Hon'ble High Court of Judicature at Bombay, referred to in (a) above, the company has allotted necessary 200,000,000.Equity shares of Rs1/- each fully paid to the shareholders of the erstwhile FCTL on 16/05/2009 after the receipt of sanction order from the Court.

4. The difference between the value of the net assets acquired on amalgamation and the amount of shares issued to the shareholders of the amalgamation and the amount of shares issued to the shareholders of the amalgamating company FCTL resulting in excess shares issued Rs 120,000,000/-crores which has been accounted for as follows (AS-14.)

5. Contigent liabilities not provided for - NIL

6. Estimated amount of contracts remaining to be executed on capital account and not provided for - NIL

7. Segment Reporting - During the year company's main revenue is from only one segment sale of T.V. serials, Films and Songs . As such there are no other separate reportable segments as specified in Accounting standadrd (AS-17) " Segment Reporting" of the Institute of Chartered Accountants of India. of Chartered Accountants of India.

8. Quantitative details in respect of opening stock, Production, Purchases, Consumption, Sale & Closing Stock. Nature of business of the company is such that quantitywise details is not possible but Valuewise details are given in schedules.

9. In the opinion of the Board of Directors and to the best of their knowledge and belief the value of realisation of Current Assets, Loans & Advances in the ordinary course of business will not be less than the amount at which they are stated in the Balance Sheet. No confirmations are obtained from the Sundry Debtors, Sundry Creditors and those pertaining to loans & advances.

10. Previous years figures have been regrouped / rearranged, where necessary. Signature of Schedule 1 to 17


Mar 31, 2010

1 Estimated amount of contracts remaining to be executed on capital account and not provided for - NIL

2 Segment Reporting - During the year companys main revenue is from only one segment sale of T.V. serials, Films and Songs. As such there are no other separate reportable segments as specified in Accounting standard (AS-17) "Segment Reporting" of the Institute of Chartered Accountants of India.

3 In the opinion of the Board of Directors and to the best of their knowledge and belief the value of realisation of Current Assets, Loans & Advances in the ordinary course of business will not be less than the amount at which they are stated in the Balance Sheet. No confirmations are obtained from the Sundry Debtors, Sundry Creditors and those pertaining to loans & advances.

4 Previous years figures have been regrouped / rearranged, where necessary.

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