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Notes to Accounts of Tanla Solutions Ltd.

Mar 31, 2015

A Corporate information

Tanla Solutions Limited (hereinafter referred to as "Tanla") was incorporated on July 28th, 1995 in Hyderabad, Andhra Pradesh. Tanla has its head quarters and development facilities in Hyderabad, India and serves a global customer base through its subsidiaries. Tanla's range of services include product development and implementation in wireless telephony industry, aggregator services and offshore development services.

2 Contingent Liabilities

i) Total Guarantees outstanding as of March 31,2015 amounting to Rs. 2150.00 lakhs (March 31,2014 -Rs. Nil ) have been issued by banks on behalf of the Company. These guarantees include certain financial bank guarantees which have been given for business. The amount with respect to these have been disclosed under capital commitments, contingencies and liabilities, as applicable, in compliance with the applicable accounting standards.

ii) Claims against the Company not acknowledged as debt: Rs.

Particulars 2014-2015 2013-2014

1 Outstanding guarantees given by the company 215,000,000 -

2 Claims against company, not acknowledged as 164,622,062 164,622,062 debts

3 Claims made by company, not acknowledged as - - debts

4 Corporate Guarantee given to subsidiary - - companies

Unless otherwise stated, the Management believes that, based on legal advice, the outcome of these contingencies will be favourable and that loss is not a probable.

3 Related Party Disclosures:

A) List of Related Parties:

Name of the Related Party Country Relationship with the Entity

Tanla Solutions (UK) Limited, India UK Wholly-owned subsidiary

Tanla Mobile Asia Pacific Pte Ltd Singapore Wholly-owned subsidiary

Wholly-owned subsidiary Tanla Mobile Ireland Private Limited Ireland of Tanla Mobile Asia Pacific Pte Ltd

Tanla Mobile Middle East FZ LLC UAE Wholly-owned subsidiary of Tanla Mobile Asia Pacific Pte Ltd

Wholly-owned subsidiary Tanla Mobile Finland Oy Finland of Tanla Mobile Middle East FZ LLC

Tania OY Finland Wholly owned subsidary of tania mobile finland OY

Mufithumb Corportion Private Limited India Wholly-owned subsidiary

TZ Mobile Private Limited India Joint Venture with ZED Worldwide Holdings S.L. Spain

4 Quantitative details

The Company is engaged in the business of development & maintenance of Computer Software, offshore development and other related services. The production and sale of such software services cannot be expressed in any generic unit and hence it is not possible to give such quantitative details of sales and certain information as required under paragraph 3,4C and 4D of Part II of Schedule VI to the Companies Act, 1956. The details of Conversation of Energy, Technology absorption are given in Directors Report. R&D expenditure is not separately accounted for.

5 Previous year figures have been recast/reclassified wherever necessary to correspond with the current year's classification/ disclosures.


Mar 31, 2013

1 Corporate information

Tanla Solutions limited (hereinafter referred to as "Tanla") was incorporated on July 28th'' 1995 in Hyderabad'' Andhra Pradesh. Tanla has its headquarters and development facilities in Hyderabad'' India and serves a global customer base through its subsidiaries. Tanla''s range of services include product development and implementation in wireless telephony industry'' aggregator services and offshore development services.

2 Segment Reporting Business Segment:

The Company is engaged in telecom infrastructure and related value added services business and its operations constitute a single segment in the context of Accounting Standard (AS17) "Segment Reporting"

Quantitative details

The Company is engaged in the business of development & maintenance of Computer Software'' offshore development and other related 27 services. The production and sale of such software services cannot be expressed in any generic unit and hence it is not possible to give such quantitative details of sales and certain information as required under paragraph 3''4C and 4D of Part II of Schedule VI to the Companies Act'' 1956. The details of Conservation of Energy'' Technology absorption are given in Directors Report. R&D expenditure is not separately accounted for.


Mar 31, 2012

1 Corporate information

Tanla Solutions Limited (hereinafter referred to as "Tanla") was incorporated on July 28th, 1995 in Hyderabad, Andhra Pradesh. Tanla has its headquarters and development facilities in Hyderabad, India, and serves a global customer base through its subsidiaries. Tanla's range of services include product development and implementation in wireless telephony industry, aggregator services and offshore development services.

2 CONTINGENT LIABILITIES

s.No. Particulars For the Year 2011-2012 For the Year 2010-2011

1 Outstanding guarantees given by the company Nil 16 50 000

2 Claims against company, not acknowledged as debts** 8 28 22 050 8 97 95 222

3 Claims made by company, not acknowledged as debts Nil Nil

4 Corporate Guarantee given to subsidiary companies Nil Nil ** Represents Service Tax

3 Segment Reporting

i) Business Segment:

The Company is engaged in telecom infrastructure and related value added services business and its operations constitute a single segment in the context of Accounting Standard (AS17) "Segment Reporting"

4 Quantitative details

The Company is engaged in the business of development & maintenance of Computer Software, offshore development and other related services. The production and sale of such software services cannot be expressed in any generic unit and hence it is not possible to give such quantitative details of sales and certain information as required under paragraph 3,4C and 4D of Part II of Schedule VI to the Companies Act, 1956. The details of Conservation of Energy, Technology absorption are given in Directors Report. R&D expenditure is not separately accounted for.


Mar 31, 2011

All amounts in the financial statements are presented in Rupees and as otherwise stated.

1. Contingent Liabilities In Rs.

S.No. Particulars For the Year 2010-2011 For the Year 2009-2010

1 Outstanding guarantees & letters of credit given by the company 16 50 000 64 00 000

2 Claims against company, not acknowledged as debts* 8 88 77 108 7 73 25 150

3 Claims made by company, not acknowledged as debts Nil Nil

4 Corporate Guarantee given to subsidiary companies Nil 1 07 00 150

*includes Service Tax Rs.8 28 22 050

2. Quantitative details

The Company is engaged in the business of Telecom infrastructure and related value added services. The production and sale of such software services cannot be expressed in any generic unit and hence it is not possible to give such quantitative details of sales and certain information as required under paragraph 3,4C and 4D of Part II of Schedule VI to the Companies Act, 1956. The details of Conservation of Energy, Technology absorption are given in Directors Report. R&D expenditure is not separately accounted for.

3. Dues to micro & small-scale industrial undertakings

As at March 31, 2011 as per available information with the company, there are no dues to micro & small scale Industrial Undertakings.

4. Income taxes

The provision for taxation includes tax liabilities in India on the company's global income as reduced by exempt incomes and any tax liabilities arising overseas on income sourced from those countries.

5. Segment reporting

The Company is engaged in telecom infrastructure and related value added services business and its operations constitute a single segment in the context of Accounting Standard (AS17) "Segment Reporting"

6. The previous year figures have been recast / restated, wherever necessary, to the current period's classifi cation

7. Financial figures have been rounded off to nearest rupee.

8. Schedules 1 to 15 form part of Balance Sheet and have been authenticated.



 
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