AUDITED FINANCIAL RESULTS FOR THE YEAR ENDED 31st MARCH 2007 (Rs. In Lakhs)
9 months ended 31st December 2006
3 months ended
Year ended
Consolidated Year ended
31St March
2007
2006
2007
2006
2007
(Audited)
(Audited)
(Audited)
1
Net Sales / Income from Operations
24008.14
7738.54
7691.23
31746.68
28037.14
32021.68
2
Other Income
570.55
370.51
122.77
941.06
869.43
943.94
3
Total Expenditure
a)
(Increase) / decrease in stock in trade
b)
Cost of feature films transferred to subsidiary company
c)
Purchase of Satellite right
d)
Cost of Production and Telecast Fees
e)
Staff Cost
f)
Other expenditure
205.39
-
-
12095.20
853.66
1939.34
269.68
(318.56)
-
3697.83
303.47
742.74
253.67
-
-
3755.78
529.70
675.96
475.07
(318.56)
-
15793.03
1157.13
2682.08
1225.02
-
-
14416.25
717.04
2312.52
(92.10)
-
250.00
16037.85
1157.71
2719.07
4
Interest
0.42
-
2.46
0.42
4.64
0.42
5
Depreciation / Amortisation
844.49
280.26
298.73
1124.75
1432.88
1128.63
6
Profit before tax
8640.19
3133.63
2297.70
11773.82
8798.22
11764.04
7
Provision for tax
Current tax
Deferred tax
Fringe benefit tax
2816.00
(43.31)
52.50
924.00
63.31
18.50
803.45
(64.26)
8.25
3740.00
20.00
71.00
2948.45
(119.19)
26.75
3748.02
19.95
71.00
8
Net Profit
5815.00
2127.82
1550.26
7942.82
5942.21
7925.07
9
Excess provision for tax in respect of earlier years
29.38
-
-
29.38
22.07
29.38
10
Net for the year / period
5844.38
2127.82
1550.26
7972.20
5964.28
7954.45
11
Paid-up equity share capital (Face Value Rs.2/-)
1304.21
1304.21
1304.21
1304.21
1304.21
1304.21
12
Reserves excluding revaluation reserves
29112.23
23742.50
29094.48
13
EPS for the period, for the year to date and for the previous year (not annualised)
8.96
3.27
2.38
12.23
9.15
12.20
14
Aggregate of Public Shareholding:
- Number of shares
- Percentage of Shareholding
37944693
58.19
37940723
58.18
37941723
58.18
37940723
58.18
37941723
58.18
SEGMENT WISE REVENUE, RESULTS AND CAPITAL EMPLOYED (Rs. In Lakhs)
Particulars
Nine months ended
Quarter ended
Year ended
Consolidated
Year
ended
(Audited)
31st December, 2006
31st March,
2007
2006
2007
2006
2007
1
Segment Revenue
a) Commissioned Programs
22164.03
7122.75
6941.59
29286.78
23499.23
29286.78
b) Sponsored Programs
1844.11
615.79
724.65
2459.90
3456.15
2459.90
c) Films ( Refer note 5 )
-
-
24.99
-
1081.76
275.00
Total
24008.14
7738.54
7691.23
31746.68
28037.14
32021.68
Less: Inter segment revenue
-
-
-
-
-
-
Total Net Sales / Income from Operations
24008.14
7738.54
7691.23
31746.68
28037.14
32021.68
2
Segment Results
Profit before tax and interest from each segment
a) Commissioned Programs
10413.41
3691.97
3325.60
14105.38
11100.44
14105.38
b) Sponsored Programs
362.59
199.73
128.12
562.32
693.94
562.32
c) Films ( Refer note 5 )
-
(46.25)
(93.91)
(46.25)
(391.48)
(21.25)
Total
10776.00
3845.45
3359.81
14621.45
11402.90
14646.45
Add: (i) Other Income
560.13
311.49
104.29
871.62
506.29
871.62
Total
11336.13
4156.94
3464.10
15493.07
11909.19
15518.07
Less: (i) Interest
0.42
-
2.46
0.42
4.64
0.42
(ii)Other unallocable expenditure
2695.52
1023.31
1163.94
3718.83
3106.33
3753.61
Total Profit before tax
8640.19
3133.63
2297.70
11773.82
8798.22
11764.04
3
Capital Employed (Segment assets – Segment liabilities)
a) Commissioned Programs
7187.87
7783.42
7864.71
7783.42
7864.71
7783.42
b) Sponsored Programs
922.62
989.93
1186.05
989.93
1186.05
1333.95
c) Films ( Refer note 5 )
1259.11
(19.69)
386.91
(19.69)
386.91
1714.65
Total
9369.60
8753.66
9437.67
8753.66
9437.67
10832.02
Notes :
The above results were taken on record by the Board of Directors at their meeting held on 16th May, 2007
The Board has recommended the interim dividend of Rs.3.50 per share paid during the year as the final dividend.
There were no Investors Complaints pending at the beginning of the quarter. The Company has received 6 complaints from the Investors during the quarter ended 31st March, 2007 and all the complaints were disposed of during the quarter. There were no complaints lying unsolved at the end of the quarter.
During the quarter, the Company formed a wholly owned subsidiary ‘Balaji Motion Pictures Limited’ with a share capital of Rs.150 lacs for undertaking all film related production and distribution business. As per the deed of assignment with the subsidiary company, the Company has transferred the assets / interest relating to upcoming film projects at book value to the subsidiary company.
Incase of standalone financial statements ‘Films’ segment is not a reportable segment.
This being the first year of publishing the Consolidated Financial Statements for the Group, considering the transitional provision of AS 21 “Consolidated Financial Statements” the comparative figures for the previous year have not been given.
Corresponding figures of the previous period have been regrouped / restated, wherever necessary.
Place: Mumbai Date: 16th May, 2007
By Order of the Board For Balaji Telefilms Limited
