| 1.1 The previous year's figure has been reworked, regrouped, rearranged
and reclassified wherever necessary. Amounts and other disclosures for
the preceding year are included as integral part of the current year
financial statements and are to be read in relation to the amount and
other disclosure relating to the current year.
1.2 Micro and Small Scale Business Entities
There are no Micro and Small Enterprises, to whom the Company owes
dues, which are outstanding as at 31st March, 2014. This information as
required to be disclosed under the Micro, Small and Medium Enterprises
Development Act, 2006 has been determined to the extent such parties
have been identified on the basis of information available with the
Company.
1.3. Segment Reporting
The company has identified two reportable segments viz. Power
conditioners & savers and Renewable Energy & energy saving appliances.
Segments have been identified and reported taking into account nature
of products and services, the differing risks and returns and the
internal business reporting systems.
The accounting policies adopted for segment reporting are in line with
the accounting policy of the company with following additional policies
for segment reporting.
(a) Revenue and expenses have been identified to a segment on the basis
of relationship to operating activities of the segment. Revenue and
expenses which relate to enterprise as a whole and are not allocable to
a segment on reasonable basis have been disclosed as "Unallocable".
(b) Segment assets and segment liabilities represent assets and
liabilities in respective segments. Investments, tax related assets and
other assets and liabilities that cannot be allocated to a segment on
reasonable basis have been disclosed as "Unallocable".
1.4 There is no small-scale undertakings to whom the company owes a sum
exceeding Rs. 0.1 million which is outstanding for more than 30 days.
1.5 All advances, receivables and payables are subject to confirmation
and reconciliation, if any.
1.6 Contingent liability - NIL
1.7 Sales & Purchase quantitative details
The revenues of the company, except for the solar products, is not
capable of quantification since it is based either on energy actually
saved by the customer of the company or on a complete Turnkey basis.
The quantitative details of Solar Products is as follows.
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