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Notes to Accounts of Tokyo Finance Ltd.

Mar 31, 2014

1. Terms/rights attached to equity shares

The company has only one class of equity shares having a par value of Rs.10 per share. Each holder of equity shares is entitled to one vote per share. No dividend has been proposed by the Board of Directors for the year. In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution of all preferential amount, in proportion to their shareholding.

2. Contingent liabilities Nil Nil

3. Borrowing Costs

No Borrowing Cost has been Capitalised during the year

4. Segment Information:

The Company is operating in a single segment. Hence, no separate segmentwise information is given.

5. Disclosure in pursuant to AS-19 Leases

Operating Lease : The company has not taken any Premises on lease

6. Previous year''s figures

Comparable figures have been regrouped/reclassified wherever necessary.


Mar 31, 2013

1. Contingent liabilities Nil Nil

2. Borrowing Costs

No Borrowing Cost has been Capitalised during the year

3. Segment Information:

The Company is operating in a single segment. Hence, no separate segmentwise information is given.

4. Disclosure in pursuant to AS-19 Leases

Operating Lease : The company has not taken any Premises on lease

5. Previous year''s figures

Comparable figures have been regrouped/reclassified wherever necessary.


Mar 31, 2012

1. Borrowing Costs

No Borrowing Cost has been Capitalised during the year

2. Segment Information:

The Company is operating in a single segment. Hence, no separate segmentwise information is given.

3. Disclosure in pursuant to AS-19 Leases

Operating Lease: The company has not taken any Premises on lease

4. Hitherto the applicability of revised Schedule VI from the current year, the Company has reclassified previous year figures to conform to this year's classification. The adoption of revised Schedule VI does not impact recognition and measurement principles followed for preparation of the financial statements. However, it significantly impacts presentation and disclosures made in the financial statements, particularly presentation of Balance Sheet.


Mar 31, 2010

1. Related Party Transactions :

The Company has transactions with the following related parties :

Associates : Tokyo Plast International Limited, Tokyo Constructions Limited

2. Company has not owed any sum to Small Scale Industrial undertakings during the year

3. Figures of the previous year have been regrouped / rearranged whereever necessary.

v. Generic Names of Three Principal Products of The Company (as per Monetary Terms)

Item Code No. (ITC Code) : N.A.

Product / Service Description : Financial Activities

 
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