HERMES I TICKETS PRIVATE LIMITED - Financial Times HERMES I TICKETS PRIVATE LIMITED Standalone...
Transcript of HERMES I TICKETS PRIVATE LIMITED - Financial Times HERMES I TICKETS PRIVATE LIMITED Standalone...
HERMES I TICKETS PRIVATE LIMITEDStandalone Balance Sheet for period 01/04/2013 to 31/03/2014
[400100] Disclosure of general information about company
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
01/04/2012 to
31/03/2013
Name of company HERMES I TICKETS PRIVATE LIMITED
Corporate identity number U63040TN2006PTC082562
Permanent account number of entity AABCH7295J
Address of registered office of company
N O : C - 9 , T . V . K . I N D U S T R I A L ESTATE,, GUINDY, CHENNAI Tamil Nadu-600032
Type of industry C o m m e r c i a l a n d Industrial
Date of board meeting when final accounts were approved 03/09/2014
Period covered by financial statements 01-04-2013 To 31-03-2014 01-04-2012 To 31-03-2013
Date of start of reporting period 01/04/2013 01/04/2012
Date of end of reporting period 31/03/2014 31/03/2013
Nature of report standalone consolidated Standalone
Content of report Balance Sheet
Description of presentation currency INR
Level of rounding used in financial statements Actual
Type of cash flow statement Direct Method
Disclosure of principal product or services [Table] ..(1)
Unless otherwise specified, all monetary values are in INRTypes of principal product or services [Axis] COLUMN 1 Column 2 Column 3 Column 4
01/04/2013 to
31/03/2014
01/04/2013 to
31/03/2014
01/04/2013 to
31/03/2014
01/04/2013 to
31/03/2014Disclosure of general information about company [Abstract] Disclosure of principal product or services [Abstract] Disclosure of principal product or services [LineItems] Product or service category (ITC 4 digit) code 9985 9985 9985 9985
Description of product or service category
T R A V E LARRANGEMENTTOUR OPERATORAND RELATEDSERVICES
T R A V E LARRANGEMENTTOUR OPERATORAND RELATEDSERVICES
T R A V E LARRANGEMENTTOUR OPERATORAND RELATEDSERVICES
T R A V E LARRANGEMENTTOUR OPERATORAND RELATEDSERVICES
Turnover of product or service category 1,102,42,42,016 12,74,31,767 23,82,11,671 281,23,46,744
Highest turnover contributing product or service (ITC 8 digit) code
99855110 99855120 99855190 99855120
Description of product or service AIRLINE TICKETBOOKING
BILL DESKBOOKING
OTHER BOOKINGRAILWAYSTICKET BOOKING
Turnover of highest contributing product or service 1,102,42,42,016 12,74,31,767 23,82,11,671 281,23,46,744
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of principal product or services [Table] ..(2)
Unless otherwise specified, all monetary values are in INRTypes of principal product or services [Axis] Column 5 Column 6 Column 7 Column 8
01/04/2013 to
31/03/2014
01/04/2013 to
31/03/2014
01/04/2013 to
31/03/2014
01/04/2013 to
31/03/2014Disclosure of general information about company [Abstract] Disclosure of principal product or services [Abstract] Disclosure of principal product or services [LineItems] Product or service category (ITC 4 digit) code 9985 9985 9985 9985
Description of product or service category
T R A V E LARRANGEMENTTOUR OPERATORAND RELATEDSERVICES
T R A V E LARRANGEMENTTOUR OPERATORAND RELATEDSERVICES
T R A V E LARRANGEMENTTOUR OPERATORAND RELATEDSERVICES
T R A V E LARRANGEMENTTOUR OPERATORAND RELATEDSERVICES
Turnover of product or service category 99,95,13,684 700 87,20,296 1,63,03,577
Highest turnover contributing product or service (ITC 8 digit) code
99855190 99855190 99855120 99855130
Description of product or service RECHARGEC O U P O NBOOKING
PEN DRIVE SALESA I R L I N EH O S T I N GSERVICES
BUS HOSTING
Turnover of highest contributing product or service 99,95,13,684 700 87,20,296 1,63,03,577
Disclosure of principal product or services [Table] ..(3)
Unless otherwise specified, all monetary values are in INRTypes of principal product or services [Axis] Column 9 Column 10 Column 11 Column 12
01/04/2013 to
31/03/2014
01/04/2013 to
31/03/2014
01/04/2013 to
31/03/2014
01/04/2013 to
31/03/2014Disclosure of general information about company[Abstract] Disclosure of principal product or services [Abstract] Disclosure of principal product or services [LineItems] Product or service category (ITC 4 digit) code 9985 9985 9985 9985
Description of product or service category
T R A V E LARRANGEMENTTOUR OPERATORAND RELATEDSERVICES
T R A V E LARRANGEMENTTOUR OPERATORAND RELATEDSERVICES
T R A V E LARRANGEMENTTOUR OPERATORAND RELATEDSERVICES
TRAVEL ARRANGEMENTTOUR OPERATOR ANDRELATED SERVICES
Turnover of product or service category 4,75,60,053 25,09,500 23,07,647 93,69,841
Highest turnover contributing product or service (ITC 8 digit) code
99855190 99855190 99855190 99855190
Description of product or service A G E N TENROLMENTFEES
CASH DROP FEESTRANSACTIONFEES
I CASH CARD DOMESTICM O N E YTRANSFER(DMR)-COMMISSION
Turnover of highest contributing product or service 4,75,60,053 25,09,500 23,07,647 93,69,841
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of principal product or services [Table] ..(4)
Unless otherwise specified, all monetary values are in INRTypes of principal product or services [Axis] Column 13
01/04/2013 to
31/03/2014Disclosure of general information about company [Abstract] Disclosure of principal product or services [Abstract] Disclosure of principal product or services [LineItems] Product or service category (ITC 4 digit) code 9985
Description of product or service category
T R A V E LARRANGEMENTTOUR OPERATORAND RELATEDSERVICES
Turnover of product or service category 4,57,18,182
Highest turnover contributing product or service (ITC 8 digit) code 99855190
Description of product or service
COMMISSIONFROM BANKINGCORRESPONDENTBUSINESS
Turnover of highest contributing product or service 4,57,18,182
[400400] Disclosures - Directors report
Details of directors signing board report [Table] ..(1)
Unless otherwise specified, all monetary values are in INRDirectors signing board report [Axis] Column 1
01/04/2013 to
31/03/2014 Details of signatories of board report [Abstract] Details of directors signing board report [LineItems] Name of director signing board report [Abstract] First name of director RAMU
Middle name of director ANNAMALAIUMAIYAL
Last name of director RADHAI
Designation of director Director
Director identification number of director 00904034
Date of signing board report 03/09/2014
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
Disclosure in board of directors report explanatory [TextBlock] Textual information (1) [See below]
Description of state of companies affair AS PER DIRECTOS REPORT
Disclosure relating to amounts transferred to reserves AS PER DIRECTOS REPORT
Disclosures relating to dividends AS PER DIRECTOS REPORT
Details regarding energy conservation AS PER DIRECTOS REPORT
Details regarding technology absorption AS PER DIRECTOS REPORT
Details regarding foreign exchange earnings and outgo AS PER DIRECTOS REPORT
Details of material changes occurred during period affecting company?s business operations
AS PER DIRECTOS REPORT
Details regarding research and development AS PER DIRECTOS REPORT
Particulars of employees as per provisions of section 217 AS PER DIRECTOS REPORT
Disclosures in director?s responsibility statement AS PER DIRECTOS REPORT
Director's comments on qualification(s), reservation(s) or adverse remark(s) of auditors as per board's report
AS PER DIRECTOS REPORT
Quantitative information in respect of licensed installed capacities AS PER DIRECTOS REPORT
Other details mentioned board report AS PER DIRECTOS REPORT
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Textual information (1)
Disclosure in board of directors report explanatory [Text Block]
DIRECTORS REPORT
Your directors have great pleasure in presenting their Eighth Annual Report together with the audited accounts of the company for the Year endedMarch 31, 2014.
(Rs. in crores)
Particulars For the year ended March 31, 2014
For the year ended March 31, 2013
Turnover 1,533.42 1,124.18
EBITDA 14.19 6.74
Finance cost 4.61 4.49
Depreciation & Amortization 2.40 1.50
Profit Before Tax (PBT) 7.91 0.97
Less: Provision for Taxation 2.37 0.20
Deferred Tax Adjustment 0.20 0.14
Profit After Tax (PAT) 5.34 0.63
Balance of Profit brought forward from lastyear
2.19 1.56
Surplus in Statement of Profit & LossAccount
7.53 2.19
Operations and overall Performance during 2013-14
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Your directors are pleased to report that the gross business turnover of your Company crossed 1,500 crores. During the year under report, yourCompany achieved a gross business turnover of Rs.1,533.42 crores as compared to previous year turnover of Rs.1,124.18 crores registering an alltime impressive growth of 36.40% as compared to previous year increase of 17.32%. The Profit After Tax (PAT) increased by 747.62% to Rs. 5.34 crores as compared to the previous year PAT of Rs.0.63 crores.
The air line segment has achieved a tremendous increase in turnover of Rs.37,048 Lakhs recording a growth of 50.55% surpassing overallCompany growth. This has resulted in reporting a higher PAT as compared to the last year. During the year, your Company could increase theturnover in all segments even though the airline segment continues to be the major revenue earning source for the Company. Railway ticketingsegment registers a continuous growth in terms of business turnover.
With the objective of ensuring greater financial inclusion and increasing the outreach of the banking sector, the Reserve Bank of India (RBI) hasallowed banks to use the services of intermediaries in providing financial services and permitted banks to engage the service of ?BusinessCorrespondent Agent ? (BCA) for the purpose of collection and processing of applications to Banks, post-sanction monitoring, follow up of
recovery disbursal of small value credit, collection of small value deposits. To take advantage of the policy of the RBI, your Company took theinitiative and signed up agreement with Yes Bank to act as their BCA last year and capitalized on it this year During the year under report this.segment business vertical has contributed substantial revenue by way of commission of Rs.4.57 crores. Negotiations with other banks are underfinal stages and it is expected to sign agreements with other banks soon. This will give further boost to the revenue generation of the Company inthe coming years.
Your Company took early initiative to enter into Prepaid Card/Wallet based Domestic Money Remittance (DMR) business and during the yearunder report by signing up with I CASH CARD your Company has done an impressive business turnover and earned a gross revenue of Rs.0.94 crores from this segment.
During the year under report your company has signed up fresh agreement with airline companies such as Air Costa, Air Asia and Ethihad forspecial deals and sale of their tickets. About 65,000 agent terminals across the country are functional as on March 31, 2014.
Sale of financial products through ?Smart Shops? continues to get tremendous support and the results are very encouraging.
The Company is further streamlining the operations of Smart Shops and boost the business prospects and help the company to increase itsturnover in the coming years.
There is a bright future for the Company on the entry to new business segments such as BCA and DMR. With the entry of new airlines in to theIndian skies the earnings from this segment is expected to grow further. Your directors are hopeful of achieving better results in the coming years to reward the shareholders.
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Awards and recognitions
Your Company is among the top five players of air and rail ticketing across the country and a leading player in India in Domestic MoneyRemittance. Prominent travel houses in India, Middle east and Asia are using Company?s products for travel. Your Company has been awardedBest Travel Portal of the year 2014.
Dividend:
Considering the expansion plan in mind, your directors have not recommended any dividend. No amount is proposed to carry forward to reservealso.
Directors and Board meeting:
There was no change in the constitution of the board. The board met several times during the year and various decisions concerning the growthand development of the business of the company was taken.
Auditors and their report on the accounts:
M/s Kuriachan & Nova, Chartered Accountants, Chennai who retire at the conclusion of the ensuing Annual General Meeting, are eligible forre-appointment. Your directors recommend their appointment as statutory auditors from the conclusion of the meeting till the conclusion of the
Annual General Meeting with the authority to the board to fix their remuneration.Third
Auditors? Report to the accounts is annexed with this report.
Management response to the qualifications the Auditor?s Report is given below
Auditorsreservations /qualifications
Management response
Provision forretirement benefitsnot provided onaccrual basis.
The company has already obtained actuarial valuation for providing accrued liability on its obligationtowards gratuity benefits of employees. The obligation as per the valuation will be provided during the next
financial year to comply with the Accounting Standard.
Not obtainingconfirmation of
The company?s major suppliers are airline companies and Indian Railway which are big Corporates andGovernment establishments and the customers of the company are spread across the length and breadth
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
balances ofdebtors/creditorsand advances.
of the country from whom getting confirmation in time is very difficult. However, action will be taken toaddress the adverse comments of the auditors.
Income Recognition The Company has been following a consistent policy by taking the gross value of services rendered asgross income.
Non- provision ofBonus
The comments of the auditors are noted and action will be taken.
Non- provision fordoubtful receivables
The Company is hopeful of recovering the outstanding dues as the debtors are parties with good meansand hence no provision has been made in the account.
Subsidiary Companies
a) ARM I Solutions Pvt ltd
The subsidiary arm of the company in tie up with the Department of Posts was serving the public at large through neighborhood post offices forsolving their travel needs. However, starting from current financial year the India Post has started operating their terminals on their own andhence the subsidiary could not achieve any business.
b) Overseas Subsidiary
During the year under report, your Company has consolidated the position in the foreign joint venture company, GI Philippines Corporation,Philippines and acquired the overseas promoters stake and now it has become a 100% subsidiary. The foreign Subsidiary in Philippines, has reported a gross business turnover of Rs.1,41,02,866/- (PY: Rs.16,25,272/-) and reported a loss of Rs.46,96,384/- (PY: Rs. 1,32,55,690/-) in its second year of operation ending on December 31, 2013. The loss is mainly on account of high operating costs and it is expected to report profit inthe next year. Considering the long term interest of your Company in the JV, no provision for the loss of the JV has been made in the accounts.During the current year, your company has made a further equity investment of Rs.1,13,51,296/- in the JV making the total investments so farmade to Rs.2,05,40,147/-.
GI Philippines Corporation has launched its products and services in Philippines under the brand name of Biyahe Ko which has over 7,000 agentsacross Philippines and ranks in the Top No. 2 online B2B operator in Philippines selling airline products, ferry products, hotels and tour packages.
Industrial Relations:
The relations with the employees at all levels continue to be cordial throughout the year under review. Your directors wish to place on record theirappreciation for the excellent team work and hard-work of employees at all levels for enhancing the objects laid down by the management.
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Particulars of employees U/S 217 (2A) of the Companies Act, 1956:
The details of employees drawing remuneration, requiring disclosures under section 217(2A) of the Companies Act, 1956, shall be made availableto the shareholders on his/ her specific request.
S
Conservation of energy, technology absorption and foreign exchange earnings and outgo:
The Company has taken all possible steps wherever necessary, for conservation of energy and technology absorption.
Foreign exchange earnings : Rs.0.14 crores(Rs.0.07 crores)
Foreign exchange outgo : Rs.0.65 crores(Rs.0.33 crores)
Events subsequent to the Balance sheet date :
There were no major events subsequent to the balance sheet date to be reported.
Changes in capital structure:
During the year under report, the company has allotted 243 equity shares of Rs.10/- each at a premium of Rs.10,000/--per share, on privateplacement basis to the existing shareholders of the company to augment the long term capital resources of the company.
Compliance Certificate
Compliance Certificate issued by M/s Dhanapal & Associates, Company Secretaries, Chennai pursuant to Section 383 A(1) of the Companies Act, 1956 is attached.
Directors Responsibility Statement as per Section 217(2AA) of the Companies Act, 1956:
Responsibility in relation to financial statements:
The financial statements have been prepared in conformity, in all material respects, with the generally accepted accounting principles in India andthe accounting standards prescribed by the Institute of Chartered Accountants of India in a consistent manner and supported by reasonable andprudent judgments and estimates. The Directors believe that the financial statements reflect true and fair view of the financial position as onMarch 31, 2014 and of the results of operations for the year ended on that date.
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
The financial statements have been audited by M/s Kuriachan & Nova, Company?s Statutory Auditors in accordance with generally acceptedauditing standards, which include an assessment of the systems of internal controls and tests of transactions to the extent considered necessary bythem to support their opinion.
Going Concern:
In the opinion of the Directors, the Company will be in a position to carry on its existing business and accordingly it is considered appropriate toprepare the financial statements on the basis of going concern.
Maintenance of accounting records and Internal Controls:
The company has taken proper and sufficient care for the maintenance of adequate accounting records as required by the Statute.
Directors have overall responsibility for the Company?s internal control system, which is designed to provide a reasonable assurance forsafeguarding of assets, reliability of financial records and for preventing and detecting fraud and other irregularities.
Acknowledgement:
Your directors take this opportunity to offer their sincere thanks to IRCTC Limited, Airline companies, Agents, Suppliers, Customers and variousGovernment Departments and individuals for their valuable co-operation and unstinted support to the company.
For and on behalf of the Board of Directors
(Mrs. UMAIYAL RADHAI)
CHAIRMAN
DIN No.904034
Place : Chennai
Date : September 03, 2014.
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[400200] Disclosures - Auditors report
Details regarding auditors [Table] ..(1)
Unless otherwise specified, all monetary values are in INRAuditors [Axis] Column 1
01/04/2013 to
31/03/2014 Details regarding auditors [Abstract] Details regarding auditors [LineItems] Category of auditor Auditors firm
Name of audit firm KURIACHAN &NOVA
Name of auditor signing report V.P. KURIACHAN
Firms registration number of audit firm 006064S
Membership number of auditor 25662
Address of auditors
LAKSHMANMANERE, FLATNO.3, R 42 OLDNO. R 17 6THMAIN ROADANNA NAGARCHENNAI-40
Permanent account number of auditor or auditor's firm AAAFK3268J
SRN of form 23B S26721100
Date of signing audit report by auditors 03/09/2014
Date of signing of balance sheet by auditors 03/09/2014
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis]Auditor's
favourable remark[Member]
01/04/2013 to
31/03/2014 Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Abstract] Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [LineItems]
Disclosure in auditors report relating to fixed assets A S P E RAUDITORSREPORT
Disclosure in auditors report relating to inventories A S P E RAUDITORSREPORT
Disclosure in auditors report relating to loans A S P E RAUDITORSREPORT
Disclosure in auditors report relating to internal control system A S P E RAUDITORSREPORT
Disclosure in auditors report relating to contracts and arrangements under section 301 of companies act
A S P E RAUDITORSREPORT
Disclosure relating to presence of register for necessary transactions A S P E RAUDITORSREPORT
Disclosure relating to reasonability of transactions A S P E RAUDITORSREPORT
Disclosure in auditors report relating to deposits accepted from public A S P E RAUDITORSREPORT
Disclosure in auditors report relating to companies internal audit system A S P E RAUDITORSREPORT
Disclosure in auditors report relating to maintenance of cost records A S P E RAUDITORSREPORT
Disclosure in auditors report relating to statutory dues A S P E RAUDITORSREPORT
Disclosure in auditors report relating to accumulated losses A S P E RAUDITORSREPORT
Disclosure in auditors report relating to default in repayment of financial dues A S P E RAUDITORSREPORT
Disclosure in auditors report relating to loans and advances granted by way of pledge of shares debentures and other securities
A S P E RAUDITORSREPORT
Disclosure in auditors report relating to provisions under special statute A S P E RAUDITORSREPORT
Disclosure in auditors report relating to adequacy of records maintained by share trading companies A S P E RAUDITORSREPORT
Disclosure in auditors report relating to guarantee given A S P E RAUDITORSREPORT
Disclosure in auditors report relating to term loans used for purpose other than for purpose they were raised
A S P E RAUDITORSREPORT
Disclosure in auditors report relating to nature and amount of fund raised for short-term has been used for long-term or vice versa
A S P E RAUDITORSREPORT
Disclosure in auditors report relating to preferential allotment of shares A S P E RAUDITORSREPORT
Disclosure in auditors report relating to securities created against debentures issued A S P E RAUDITORSREPORT
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure in auditors report relating to purpose and end use of money raised through public issues A S P E RAUDITORSREPORT
Disclosure in auditors report relating to any material fraud reported during period A S P E RAUDITORSREPORT
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
Disclosure in auditor?s report explanatory [TextBlock] Textual information (2) [See below]
Whether companies auditors report order is applicable on company Yes
Whether auditors' report has been qualified or has any reservations or contains adverse remarks
Yes
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report
True
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Textual information (2)
Disclosure in auditor?s report explanatory [Text Block]
INDEPENDENT AUDITOR?S REPORT
To the members of Hermes I-Tickets Private Limited.
Report on the Financial Statements
1. We have audited the accompanying financial statements of Hermes I-Tickets Private Limited (?the Company?), which comprise the BalanceSheet as at March 31, 2014, and the Statement of Profit and Loss and Cash Flow Statement for the year then ended, and a summary of significantaccounting policies and other explanatory information.
Management?s Responsibility for the Financial Statements
2. Management is responsible for the preparation of these financial statements that give a true and fair view of the financial position, financialperformance and cash flows of the Company in accordance with the Accounting Standards referred to in sub-section (3C) of section 211 of TheCompanies Act, 1956 (?the Act?) read with the of the Ministry of Corporate Affairs inGeneral Circular 15/2013 dated 13th September, 2013respect of Section 133 of the Companies Act, 2013. This responsibility includes the design, implementation and maintenance of internal controlrelevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement,whether due to fraud or error.
Auditor?s Responsibility
3. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with theStandards on Auditing issued by the Institute of Chartered Accountants of India. Those Standards require that we comply with ethicalrequirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from materialmisstatement.
4. An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. Theprocedures selected depend on the auditor?s judgment, including the assessment of the risks of material misstatement of the financial statements,
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
whether due to fraud or error. In making those risk assessments, the auditor considers internal control relevant to the Company?s preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
expressing an opinion on the effectiveness of the Company?s internal control . An audit also includes evaluating the appropriateness ofaccounting policies used and the reasonableness of the accounting estimates made by Management, as well as evaluating the overall presentationof the financial statements.
5. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our qualified audit opinion.
Basis for Qualified opinion
6. a) No provision has been made for Defined Benefit Plans which constitute a major departure from the Accounting Standard 15 (AS-15),notified under the Act read with the of the Ministry of Corporate Affairs in General Circular 15/2013 dated 13th September, 2013respect of Section 133 of the Companies Act, 2013. This is the result of a decision taken by the management at the start of the financial year2007-08 and caused us to qualify our audit opinion on financial statements since that year. The effect on the financial statements on account of thesame could not be quantified by us. The Company has not disclosed the effect of departure from the Accounting Standard in the financialstatements.
b) The Company?s major revenue is the commission it earns from online booking of air/rail /movie/ bus tickets and other support services which is in the nature of agency commission. As per Accounting Standard 9, gross commission earned should be taken as gross revenue and notthe gross inflow of cash or sales value. However, the Company has followed the policy of recognizing gross inflow of cash from sale of tickets as sales value instead of taking gross commission earned as its revenue. This has resulted in the gross revenue overstated by Rs 1,520.17 crores(previous year Rs.1,118.70 crores)and gross purchase cost overstated by Rs.1,492.02 crores (previous year Rs.1,101.86 crores). This is the resultof a decision taken by the management and caused us to qualify our audit opinion on financial statements since 2012-13. The effect on thefinancial statements on account of the same could not be quantified by us. The Company has not disclosed the effect of departure from theAccounting Standard in the financial statement.
c) The Company is required to comply with the provisions of Payment of Bonus Act, 1965 and provide liability on account of minimum bonus payable as per the provisions of the said Act. However, the Company has not made any provision in the accounts towards payment of bonus andconsequently, the profit for the year has been overstated to that extent, the liability of which we are unable to quantify.
d) No provision has been made in the accounts for advance of Rs.1.83 crores paid to various airline
companies and their agents for purchase of tickets which has become doubtful of recovery due to
stoppage of operations by the said airline companies.
e) The Company has not obtained confirmation of balances in respect of Trade debtors, Trade
payables, deposits, loans and advances outstanding as on March 31, 2014.
Opinion
7. In our opinion and to the best of our information and according to the explanations given to us, except for the effects of the matters describedin the basis for Qualified opinion paragraph, the financial statements give the information required by the Act in the manner so required and givea true and fair view in conformity with the accounting principles generally accepted in India:
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
a) in the case of the Balance Sheet, of the state of affairs of the Company as at March 31, 2014;
b) in the case of the Statement of Profit and Loss, of the profit for the year ended on that date; and
c) in the case of the Cash Flow Statement, of the cash flows for the year ended on that date.
Report on Other Legal and Regulatory Requirements :
8. As required by the ?Companies (Auditor?s Report) Order, 2003?, as amended by ?the Companies (Auditor?s Report) (Amendment ) Order,2004?, (?the Order?) issued by the Central Government of India in terms of sub-section (4A) of section 227 of the Act, we give in the Annexure astatement on the matters specified in paragraphs 4 and 5 of the Order.
9. As required by section 227(3) of the Act, we report that:
a) We have obtained all the information and explanations, which to the best of our knowledge and belief, were necessary for the purpose of ouraudit;
b) In our opinion, proper books of account, as required by law, have been kept by the Company, so far as appears from our examination ofthose books;
c) The Balance Sheet, Statement of Profit and Loss and Cash Flow Statement, dealt with by this report are in agreement with the books ofaccount of the Company;
d) Except for the effects of the matters described in the basis for Qualified opinion paragraph, in our opinion, the Balance Sheet, Statement ofProfit and Loss and Cash Flow Statement comply with the Accounting Standards referred to in sub-section (3C) of Section 211 of the Companies Act, 1956, read with the of the Ministry of Corporate Affairs in respect of Section 133 ofGeneral Circular 15/2013 dated 13th September, 2013the Companies Act, 2013.
e) On the basis of written representations received from the directors as on March 31, 2014, and taken on record by the Board of Directors,none of the directors are disqualified as on March 31, 2014 from being appointed as a director in terms of clause (g) of sub-section (1) of Section274 of the Companies Act, 1956;
f) Since the Central Government has not issued any notification as to the rate at which the cess is to be paid under section 441 A of theCompanies Act, 1956 nor has it issued any Rules under the said section, prescribing the manner in which such cess is to be paid, no cess is dueand payable by the Company.
For KURIACHAN & NOVA
Chartered Accountants
Firm Reg.No.006064S
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HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
(V.P. KURIACHAN)
PARTNER Membership No.025662
Place : Chennai
Date : September 03, 2014
Annexure to Independent Auditors? Report
Referred to in Paragraph 8 under the heading of ?Report on other legal and regulatory requirements? of our report of even date.
1. The Company has maintained proper records showing full particulars including quantitative details and situation of fixed assets. Themanagement has a programme of physical verification of its fixed assets by which all fixed assets are verified in a periodic phased manner. No
Fixed assets disposed off during the year were not substantial and therefore do not material discrepancies were noticed on such verification. affect the going concern status of the Company.
2. According to the information and explanations given to us and on the basis of examination of the records of the Company, we are of the opinion that clause 4(ii) of the Order is not applicable to the Company as it does not have any inventories.
3. The Company has granted advances in the nature of loan of Rs.32.47 crores (Previous Year: Rs. 29.86 crores) to 3 companies (Previous year:3 companies) covered in the register maintained under section 301 of the Companies Act, 1956. There were no other loan, secured or unsecuredgranted or taken by the Company from companies, firms or parties covered in the register maintained under section 301 of the Companies Act, 1956.
18
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
As per the information and explanations given to us, no terms and conditions has been stipulated as to repayment of principal and interest or repayment period and as such we are not in a position to comment about the regularity of re-payment of principal and whether the terms andconditions of loans given or taken are prima facie prejudicial to the interest of the Company.
4. In our opinion and according to the information and explanations given to us, there is adequate internal control system commensurate withthe size of the Company and the nature of its business, for the purchase of inventory and fixed assets and for the sale of goods and services.During the course of our audit, no major weakness has been noticed in the internal control system in respect of these areas.
5. a) According to the information and explanations given to us and on the basis of examination of the records of the Company, we report thatthe particulars of contract or agreement referred to in section 301 of Companies Act, 1956 have been entered in the register required to bemaintained under that section.
b) According to the information and explanations given to us we are of the opinion that the transactions undertaken by the Company which need to be entered in the register maintained under section 301 of the Act have been made at prices which are reasonable having regard to theprevailing market prices.
6. According to the information and explanations given to us, the Company has not accepted any deposits from the public and consequently,the directives issued by the Reserve Bank of India, the provisions of Sections 58A and 58AA of the Companies Act, 1956 and the rules framedthere under are not applicable to the Company.
7. In our opinion, the Company has an internal audit system commensurate with its size and nature of its business.
8. According to the information and explanations given to us, and on the basis of examination of books of accounts of the Company, we are ofthe opinion that clause 4(viii) of the Order is not applicable to the Company as it is not engaged in any manufacturing activities.
9. a) According to the information and explanations given to us and on the basis of examination of books of accounts of the Company, wereport that the Company has been generally regular in depositing with appropriate authorities undisputed statutory dues including provident fund,investor education and protection fund, employees? state insurance, income tax, wealth tax, customs duty, excise duty, cess and other material
statutory dues, wherever applicable to it except occasional delay of service tax and tax deducted at source.
b) According to the information and explanations given to us, there are no dues in respect of income tax, customs duty, wealth tax, excise duty and cess that were outstanding as on March 31, 2014 for a period of more than six months from the date they became payable.
c) According to the information and explanations given to us, particulars of disputed dues in respect of service tax which have not been deposited on account of dispute are as under:
Name of theStatute
Nature of the disputed dues (Amount Rs.in crores)
Period to which theamount relates
Forum where dispute pending
19
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Service Tax
under FinanceAct,1994
Non-payment of Service Taxon ATA, BAS and
Franchise Service
11.25 crores
(tax, interest& penalty)
2007-08,2008-09,
2009-10, and2010-11
Customs, Excise & Service TaxAppellate Tribunal, Chennai
10. The Company has no accumulated losses at the end of the financial year and it has not incurred cash loss during the current financial yearand in the immediately preceding financial year.
11. Based on the information and explanations given by the management, in our opinion, the Company has not defaulted in repayment of dues toany Financial Institution or Bank or to Debenture Holders as at the Balance Sheet date.
12. The Company has not granted loans and advances on the basis of security by way of pledge of shares, debentures and other securities.Accordingly, clause 4(xii) of the Order is not applicable.
13. The Company is not a chit fund, nidhi, mutual benefit fund or a society. Accordingly, clause 4(xiii) of the Order is not applicable.
14. According to the information and explanations given to us, the Company is not dealing or trading in shares, securities, debentures and otherinvestments. Accordingly, clause 4(xiv) of the Order is not applicable.
15. According to the information and explanations given to us, the Company has not given any guarantee for loans taken by others from banks or financial institutions. Accordingly, clause 4(xv) of the Order is not applicable.
16. The Company has not obtained any term loans. Accordingly, clause 4(xvi) of the Order is not applicable to it.
17. According to the information and explanations given to us and on an overall examination of the Balance Sheet of the Company, we reportthat the Company has not used funds raised on short term basis for long term investment.
18. The Company has not made any preferential allotment of shares to parties and companies covered in the Register maintained under Section301 of the Act .
20
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
19. The Company has not issued any debentures. Accordingly, clause 4(xix) of the Order is not applicable.
20. The Company has not raised any money by public issues during the year. Accordingly, clause 4(xx) of the Order is not applicable.
21. During the course of our examination of the books and records of the Company, and according to the information and explanations given tous, we have neither come across any instances of fraud on or by the Company noticed or reported during the year, nor have we been informed ofsuch case by the Management.
For KURIACHAN &NOVA
Chartered Accountants
Firm Reg.No.006064S
(V.P.Kuriachan)
PARTNER
Membership No.025662
Place: Chennai
Date: September 03, 2014
21
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[100100] Balance sheet
Unless otherwise specified, all monetary values are in INR31/03/2014 31/03/2013 31/03/2012
Balance sheet [Abstract] Equity and liabilities [Abstract] Shareholders' funds [Abstract] Share capital 7,84,200 7,81,770 7,49,270
Reserves and surplus 22,64,03,443 17,05,46,281
Total shareholders' funds 22,71,87,643 17,13,28,051
Share application money pending allotment 0 0
Non-current liabilities [Abstract] Long-term borrowings 15,40,911 18,48,299
Deferred tax liabilities (net) 1,38,39,730 1,18,76,280
Other long-term liabilities 46,46,816 56,15,561
Long-term provisions 0 0
Total non-current liabilities 2,00,27,457 1,93,40,140
Current liabilities [Abstract] Short-term borrowings 50,03,22,446 48,67,14,763
Trade payables 23,89,87,747 10,17,17,274
Other current liabilities 12,17,96,095 3,50,13,372
Short-term provisions 0 0
Total current liabilities 86,11,06,288 62,34,45,409
Total equity and liabilities 110,83,21,388 81,41,13,600
Assets [Abstract] Non-current assets [Abstract] Fixed assets [Abstract] Tangible assets 1,67,43,785 1,74,35,364 2,45,48,592
Intangible assets 2,81,08,388 4,62,46,594 1,85,93,012
Total fixed assets 4,48,52,173 6,36,81,958
Non-current investments 2,06,00,147 97,38,851
Long-term loans and advances 8,36,68,493 5,88,99,653
Other non-current assets 4,17,81,033 2,54,66,421
Total non-current assets 19,09,01,846 15,77,86,883
Current assets [Abstract] Current investments 0 0
Inventories 0 0
Trade receivables 3,62,34,888 3,76,07,202
Cash and bank balances 6,23,61,066 6,55,83,747
Short-term loans and advances 81,88,23,588 55,31,35,768
Total current assets 91,74,19,542 65,63,26,717
Total assets 110,83,21,388 81,41,13,600
22
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[400300] Disclosures - Signatories of balance sheet
Details of directors signing balance sheet [Table] ..(1)
Unless otherwise specified, all monetary values are in INRDirectors signing balance sheet [Axis] Column 1 Column 2
01/04/2013 to
31/03/2014
01/04/2013 to
31/03/2014Details of signatories of balance sheet [Abstract] Details of directors signing balance sheet [Abstract] Details of directors signing balance sheet [LineItems] Name of director signing balance sheet [Abstract] First name of director SUDHASOMASUNDARAM RAMU
Middle name of director ANNAMALAIUMAIYAL
Last name of director RADHAI
Designation of director Director Director
Director identification number of director 00904022 00904034
Date of signing of balance sheet by director 03/09/2014 03/09/2014
[100300] Cash flow statement, direct
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
01/04/2012 to
31/03/2013Statement of cash flows [Abstract] Cash flows from used in operating activities [Abstract] Income taxes (paid) refund 2,37,37,630 18,50,058
Net cash flows from (used in) operating activities before extraordinary items
-2,37,37,630 -18,50,058
Net cash flows from (used in) operating activities -2,37,37,630 -18,50,058
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes
-2,37,37,630 -18,50,058
Net increase (decrease) in cash and cash equivalents -2,37,37,630 -18,50,058
23
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[200100] Notes - Share capital
Disclosure of classes of share capital [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Classes of share capital [Axis] Share capital [Member] Equity shares[Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014 Disclosure of classes of share capital [Abstract] Disclosure of classes of share capital [LineItems] Number of shares authorised [shares] 1,00,000 [shares] 1,00,000 [shares] 1,00,000
Value of shares authorised 10,00,000 10,00,000 10,00,000
Number of shares issued [shares] 78,420 [shares] 78,177 [shares] 78,420
Value of shares issued 7,84,200 7,81,770 7,84,200
Number of shares subscribed and fully paid [shares] 78,420 [shares] 78,177 [shares] 78,420
Value of shares subscribed and fully paid 7,84,200 7,81,770 7,84,200
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0
Total number of shares subscribed [shares] 78,420 [shares] 78,177 [shares] 78,420
Total value of shares subscribed 7,84,200 7,81,770 7,84,200
Value of shares paid-up [Abstract] Number of shares paid-up [shares] 78,420 [shares] 78,177 [shares] 78,420
Value of shares called 7,84,200 7,81,770 7,84,200
Value of shares paid-up 7,84,200 7,81,770 7,84,200
Reconciliation of number of shares outstanding [Abstract] Changes in number of shares outstanding [Abstract] Increase in number of shares outstanding [Abstract] Number of other issues of shares [shares] 243 [shares] 3,250 [shares] 243
Total aggregate number of shares issued during period
[shares] 243 [shares] 3,250 [shares] 243
Decrease in number of shares during period [Abstract] Number of shares bought back [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0
Total decrease in number of shares during period
[shares] 0 [shares] 0 [shares] 0
Total increase (decrease) in number of shares outstanding
[shares] 243 [shares] 3,250 [shares] 243
Number of shares outstanding at end of period [shares] 78,420 [shares] 78,177 [shares] 74,927 [shares] 78,420
Reconciliation of value of shares outstanding [Abstract] Changes in share capital [Abstract] Increase in share capital during period [Abstract] Amount of other issues during period 2,430 32,500 2,430
Total aggregate amount of increase in share capital during period
2,430 32,500 2,430
Decrease in share capital during period [Abstract] Decrease in amount of shares bought back 0 0 0
Other decrease in amount of shares 0 0 0
Total decrease in share capital during period
0 0 0
Total increase (decrease) in share capital 2,430 32,500 2,430
Share capital at end of period 7,84,200 7,81,770 7,49,270 7,84,200
Shares in company held by holding company or ultimate holding company or by its subsidiaries or associates [Abstract] Shares in company held by holding company [shares] 69,170 [shares] 69,170 [shares] 69,170
24
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Total shares in company held by holding company or ultimate holding company or by its subsidiaries or associates
[shares] 69,170 [shares] 69,170 [shares] 69,170
Details of application money received for allotment of securities and due for refund and interest accrued thereon [Abstract] Application money received for allotment of securities and due for refund and interest accrued thereon [Abstract] Application money received for allotment of securities and due for refund, principal
9,356 9,091 0
Application money received for allotment of securities and due for refund, interest accrued
0 0 0
Total application money received for allotment of securities and due for refund and interest accrued thereon
9,356 9,091 0
25
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of classes of share capital [Table] ..(2)
Unless otherwise specified, all monetary values are in INRClasses of share capital [Axis] Equity shares [Member] Equity shares 1 [Member]
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Disclosure of classes of share capital [Abstract] Disclosure of classes of share capital [LineItems]
Type of share EQUITY SHARESOF 10/- EACH
EQUITY SHARESOF 10/- EACH
Number of shares authorised [shares] 1,00,000 [shares] 1,00,000 [shares] 1,00,000
Value of shares authorised 10,00,000 10,00,000 10,00,000
Number of shares issued [shares] 78,177 [shares] 78,420 [shares] 78,177
Value of shares issued 7,81,770 7,84,200 7,81,770
Number of shares subscribed and fully paid [shares] 78,177 [shares] 78,420 [shares] 78,177
Value of shares subscribed and fully paid 7,81,770 7,84,200 7,81,770
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0
Total number of shares subscribed [shares] 78,177 [shares] 78,420 [shares] 78,177
Total value of shares subscribed 7,81,770 7,84,200 7,81,770
Value of shares paid-up [Abstract] Number of shares paid-up [shares] 78,177 [shares] 78,420 [shares] 78,177
Value of shares called 7,81,770 7,84,200 7,81,770
Value of shares paid-up 7,81,770 7,84,200 7,81,770
Par value per share [INR/shares] 10 [INR/shares] 10
Details of shares not fully called [Abstract] Amount per share called [INR/shares] 0 [INR/shares] 0
Reconciliation of number of shares outstanding [Abstract] Changes in number of shares outstanding [Abstract] Increase in number of shares outstanding [Abstract] Number of other issues of shares [shares] 3,250 [shares] 243 [shares] 3,250
Total aggregate number of shares issued during period
[shares] 3,250 [shares] 243 [shares] 3,250
Decrease in number of shares during period [Abstract] Number of shares bought back [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0
Total decrease in number of shares during period
[shares] 0 [shares] 0 [shares] 0
Total increase (decrease) in number of shares outstanding
[shares] 3,250 [shares] 243 [shares] 3,250
Number of shares outstanding at end of period [shares] 78,177 [shares] 74,927 [shares] 78,420 [shares] 78,177
Reconciliation of value of shares outstanding [Abstract] Changes in share capital [Abstract] Increase in share capital during period [Abstract] Amount of other issues during period 32,500 2,430 32,500
Total aggregate amount of increase in share capital during period
32,500 2,430 32,500
Decrease in share capital during period [Abstract] Decrease in amount of shares bought back 0 0 0
Other decrease in amount of shares 0 0 0
Total decrease in share capital during period
0 0 0
Total increase (decrease) in share capital 32,500 2,430 32,500
Share capital at end of period 7,81,770 7,49,270 7,84,200 7,81,770
Shares in company held by holding company or ultimate holding company or by its subsidiaries or associates [Abstract] Shares in company held by holding company [shares] 69,170 [shares] 69,170 [shares] 69,170
26
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Total shares in company held by holding company or ultimate holding company or by its subsidiaries or associates
[shares] 69,170 [shares] 69,170 [shares] 69,170
Details of application money received for allotment of securities and due for refund and interest accrued thereon [Abstract] Application money received for allotment of securities and due for refund and interest accrued thereon [Abstract] Application money received for allotment of securities and due for refund, principal
0 0 0
Application money received for allotment of securities and due for refund, interest accrued
0 0 0
Total application money received for allotment of securities and due for refund and interest accrued thereon
0 0 0
Disclosure of classes of share capital [Table] ..(3)
Unless otherwise specified, all monetary values are in INR
Classes of share capital [Axis] Equity shares 1[Member]
31/03/2012 Disclosure of classes of share capital [Abstract] Disclosure of classes of share capital [LineItems] Reconciliation of number of shares outstanding [Abstract] Number of shares outstanding at end of period [shares] 74,927
Reconciliation of value of shares outstanding [Abstract] Share capital at end of period 7,49,270
Disclosure of shareholding more than five per cent in company [Table] ..(1)
Unless otherwise specified, all monetary values are in INRClasses of share capital [Axis] Equity shares 1 [Member]Name of shareholder [Axis] Shareholder 1 [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Disclosure of shareholding more than five per cent in company [Abstract] Disclosure of shareholding more than five per cent in company [LineItems] Type of share EQUITY SHARES EQUITY SHARES
Name of shareholder GI RETAIL PRIVATELIMITED
GI RETAIL PRIVATELIMITED
CIN of shareholder U72900TN2009PTC072064 U72900TN2009PTC072064
Country of incorporation or residence of shareholder INDIA INDIA
Number of shares held in company [shares] 69,170 [shares] 69,170
Percentage of shareholding in company 88.20% 88.47%
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
01/04/2012 to
31/03/2013
Disclosure of notes on share capital explanatory [TextBlock] Textual information (3) [See below]
Whether there are any shareholders holding more than five per cent shares in company
Yes Yes
Whether money raised from public offering during year No No
27
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Textual information (3)
Disclosure of notes on share capital explanatory [Text Block]
A : SHARE CAPITAL
Authorized Capital
Equity shares of Rs.10/- each 100,000 1,000,000 100,000 1,000,000
Issued, Subscribed & Paid up Capital
Equity shares of Rs.10/- each fully paid up. 78,420 784,200 78,177 781,770
Total 78,420 784,200 78,177 781,770
Shares outstanding at the beginning of the year 78,177 781,770 74,927 749,270
Shares issued during the year at face valueRs.10/-
243 2,430 3,250 32,500
Shares bought back during the year. - - - -
Shares outstanding at the end of the year 78,420 784,200 78,177 781,770
Details of Shares held by each shareholder holding more than 5% (percent) shares in the Company :
Name of Shareholder
No. of shares held% of
holding
No. of shares held
% of holding
1GIRetailPvt.Ltd 69170 88.20% 69170 88%
28
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
2.Mr.SanjayChandi 4,060
5.18% 3868 5%
[200200] Notes - Reserves and surplus
Statement of changes in reserves [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Components of reserves [Axis] Reserves [Member] Securities premiumaccount [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014 Statement of changes in reserves [Abstract] Statement of changes in reserves [LineItems] Changes in reserves [Abstract] Additions to reserves [Abstract] Profit (loss) for period 5,34,29,592 63,53,820
Other additions to reserves 24,27,570 3,24,67,500 24,27,570
Total additions to reserves 5,58,57,162 3,88,21,320 24,27,570
Total changes in reserves 5,58,57,162 3,88,21,320 24,27,570
Reserves at end of period 22,64,03,443 17,05,46,281 13,17,24,961 15,10,31,923
Statement of changes in reserves [Table] ..(2)
Unless otherwise specified, all monetary values are in INRComponents of reserves [Axis] Securities premium account [Member] Other reserves [Member]
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Statement of changes in reserves [Abstract] Statement of changes in reserves [LineItems] Changes in reserves [Abstract] Additions to reserves [Abstract] Profit (loss) for period 5,34,29,592 63,53,820
Other additions to reserves 3,24,67,500 0 0
Total additions to reserves 3,24,67,500 5,34,29,592 63,53,820
Total changes in reserves 3,24,67,500 5,34,29,592 63,53,820
Reserves at end of period 14,86,04,353 11,61,36,853 7,53,71,520 2,19,41,928
Statement of changes in reserves [Table] ..(3)
Unless otherwise specified, all monetary values are in INR
Components of reserves [Axis] Other reserves[Member]
General reserve [Member]
31/03/201201/04/2013
to 31/03/2014
01/04/2012 to
31/03/201331/03/2012
Statement of changes in reserves [Abstract] Statement of changes in reserves [LineItems] Changes in reserves [Abstract] Additions to reserves [Abstract] Profit (loss) for period 5,34,29,592 63,53,820
Other additions to reserves 0 0
Total additions to reserves 5,34,29,592 63,53,820
Total changes in reserves 5,34,29,592 63,53,820
Reserves at end of period 1,55,88,108 7,53,71,520 2,19,41,928 1,55,88,108
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
Disclosure of notes on reserves explanatory [TextBlock] Textual information (4) [See below]
29
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Textual information (4)
Disclosure of notes on reserves explanatory [Text Block]
B : RESERVES AND SURPLUS :
a. Securities Premium Account
Opening balance 148,604,353
116,136,853
Add: Share premium on shares issued during the year. 2,427,570
32,467,500
Less : Share premium utilized during the year -
-
Closing balance (a) 151,031,923
148,604,353
b.General reserve
Opening balance 21,941,928
15,588,108
Add: Transferred from Surplus / (Deficit) in Statement of Profit and Loss
53,429,592
6,353,820
(-)Appropriations -
-
Closing balance (b) 75,371,520
21,941,928
TOTAL (A+B) 226,403,443 170,546,281
30
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[200300] Notes - Borrowings
Classification of borrowings [Table] ..(1)
Unless otherwise specified, all monetary values are in INRClassification based on time period [Axis] Long-term [Member]
Classification of borrowings [Axis] Borrowings [Member] Term loans from banks [Member]
Subclassification of borrowings [Axis]Secured borrowings
[Member]
Unsecuredborrowings[Member]
Secured borrowings[Member]
Unsecuredborrowings[Member]
01/04/2012 to
31/03/201331/03/2013
01/04/2013 to
31/03/201431/03/2014
Borrowings notes [Abstract] Details of borrowings [Abstract] Details of borrowings [LineItems] Borrowings 5,67,388 12,80,911 0 15,40,911
Nature of security [Abstract] Nature of security REFER NOTES refer notes
Details on loans guaranteed [Abstract] Aggregate amount of loans guaranteed by directors
0 0
Aggregate amount of loans guaranteed by others
0 0
Details on defaults on borrowings [Abstract] Outstanding amount of continuing default principal
0 0
Outstanding amount of continuing default interest
0 0
Classification of borrowings [Table] ..(2)
Unless otherwise specified, all monetary values are in INRClassification based on time period [Axis] Long-term [Member]
Classification of borrowings [Axis]Rupee term loans
from banks[Member]
Loans and advances from related parties[Member]
Loans andadvances from
directors [Member]
Subclassification of borrowings [Axis]Secured
borrowings[Member]
Unsecured borrowings [Member]Unsecuredborrowings[Member]
01/04/2013 to
31/03/201431/03/2014 31/03/2013 31/03/2013
Borrowings notes [Abstract] Details of borrowings [Abstract] Details of borrowings [LineItems] Borrowings 0 0 12,80,911 7,72,540
Nature of security [Abstract] Nature of security secured loan
Details on loans guaranteed [Abstract] Aggregate amount of loans guaranteed by directors
0 0
Aggregate amount of loans guaranteed by others
0 0
Details on defaults on borrowings [Abstract] Outstanding amount of continuing default principal
0 0
Outstanding amount of continuing default interest
0 0
31
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Classification of borrowings [Table] ..(3)
Unless otherwise specified, all monetary values are in INRClassification based on time period [Axis] Long-term [Member]
Classification of borrowings [Axis]Loans and advances from others
[Member]Other loans and
advances [Member]
Loans taken forfixed assets[Member]
Subclassification of borrowings [Axis] Unsecured borrowings [Member]Secured
borrowings[Member]
Securedborrowings[Member]
31/03/2014 31/03/201301/04/2012
to 31/03/2013
01/04/2012 to
31/03/2013 Borrowings notes [Abstract] Details of borrowings [Abstract] Details of borrowings [LineItems] Borrowings 15,40,911 5,08,371 5,67,388 5,67,388
Nature of security [Abstract] Nature of security REFER NOTES REFER NOTE
Details on loans guaranteed [Abstract] Aggregate amount of loans guaranteed by directors
0 0 0
Aggregate amount of loans guaranteed by others
0 0 0
Details on defaults on borrowings [Abstract] Outstanding amount of continuing default principal
0 0 0
Outstanding amount of continuing default interest
0 0 0
Classification of borrowings [Table] ..(4)
Unless otherwise specified, all monetary values are in INR
Classification based on time period [Axis] Long-term[Member]
Short-term [Member]
Classification of borrowings [Axis]Loans taken for
vehicles [Member]Borrowings[Member]
Loans repayable ondemand [Member]
Loans repayable ondemand from banks
[Member]
Subclassification of borrowings [Axis] Secured borrowings[Member]
Secured borrowings[Member]
Secured borrowings[Member]
Secured borrowings[Member]
01/04/2012 to
31/03/2013
01/04/2012 to
31/03/2013
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014 Borrowings notes [Abstract] Details of borrowings [Abstract] Details of borrowings [LineItems] Borrowings 5,67,388 48,67,14,763 48,67,14,763 50,03,22,446
Nature of security [Abstract] Nature of security REFER NOTES REFER NOTES REFER NOTES secured
Details of personal security given by promoters, other shareholders or other third parties, though such security does not result in classification of borrowings as secured
secured againstreceivables and allfixed assets of athecompany
Details on loans guaranteed [Abstract] Aggregate amount of loans guaranteed by directors
0 0 0
Aggregate amount of loans guaranteed by others
0 0 0
Details on defaults on borrowings [Abstract] Outstanding amount of continuing default principal
0 0 0
Outstanding amount of continuing default interest
0 0 0
32
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Classification of borrowings [Table] ..(5)
Unless otherwise specified, all monetary values are in INR
Classification based on time period [Axis] Short-term[Member]
Classification of borrowings [Axis]Loans repayable on
demand frombanks [Member]
Subclassification of borrowings [Axis]Secured
borrowings[Member]
01/04/2012 to
31/03/2013 Borrowings notes [Abstract] Details of borrowings [Abstract] Details of borrowings [LineItems] Borrowings 48,67,14,763
Nature of security [Abstract] Nature of security REFER NOTES
Details on loans guaranteed [Abstract] Aggregate amount of loans guaranteed by directors 0
Aggregate amount of loans guaranteed by others 0
Details on defaults on borrowings [Abstract] Outstanding amount of continuing default principal 0
Outstanding amount of continuing default interest 0
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
Disclosure of notes on borrowings explanatory [TextBlock] Textual information (5) [See below]
33
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Textual information (5)
Disclosure of notes on borrowings explanatory [Text Block]
LONG TERM BORROWINGS
i) Secured Loan
a) Term Loan (Motor Vehicle loan) from Bank -
567,388
ii) Unsecured Loan
a) From Related Parties -
772,540
b) From others 1,540,911
508,371
Total 1,540,911
1,848,299
Secured loan (original loan amount Rs.16.00 lakhs) was sanctioned by the Karur Vysya Bank for purchasing a motor car.
The loan is secured against hypothecation of motor car. The loan carries an interest rate of 16.75% perannum and is repayable in 36 monthly installments ofRs.56,845/- starting from March 01, 2012 to January01, 2015
SHORT TERM BORROWINGS
Loans repayable on demand
(Secured)
a) Overdraft from bank 500,322,446
486,714,763
34
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Note: Overdraft from the bank is secured against the receivables of the company and all its fixed assets besides the personal guarantee ofboth the directors.
The overdraft limit of Rs.50 crores sanctioned by the Karur Vysya Bank for a period up to July 02, 2014 carries a floating interest rate ofBase Rate + 3.25% per annum and is repayable on demand.
Total 500,322,446
486,714,763
35
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[201000] Notes - Tangible assets
Disclosure of tangible assets [Table] ..(1)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]Carrying amount accumulated depreciation and gross
carrying amount [Axis]Carrying amount [Member] Gross carrying amount [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems] Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Additions other than through business combinations tangible assets
47,19,234 6,98,855 47,19,234 6,98,855
Acquisitions through business combinations tangible assets
0 0 0 0
Depreciation tangible assets -53,55,466 -77,39,658
Impairment loss recognised in profit or loss tangible assets
0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0
Revaluation increase (decrease) tangible assets
0 0 0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers
0 0 0 0
Disposals tangible assets, others
55,347 72,425 6,77,600 1,11,816
Total disposals tangible assets
55,347 72,425 6,77,600 1,11,816
Other adjustments tangible assets [Abstract] Increase (decrease) through net exchange differences tangible assets
0 0 0 0
Other adjustments tangible assets, others
0 0 0 0
Total other adjustments tangible assets
0 0 0 0
Total changes in tangible assets
-6,91,579 -71,13,228 40,41,634 5,87,039
Tangible assets at end of period 1,67,43,785 1,74,35,364 2,45,48,592 5,01,46,821 4,61,05,187 4,55,18,148
36
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of tangible assets [Table] ..(2)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member] Owned assets [Member]Carrying amount accumulated depreciation and gross
carrying amount [Axis]Accumulated depreciation and impairment
[Member]Carrying amount [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems] Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Additions other than through business combinations tangible assets
47,19,234 6,98,855
Acquisitions through business combinations tangible assets
0 0
Depreciation tangible assets 53,55,466 77,39,658 -53,55,466 -77,39,658
Impairment loss recognised in profit or loss tangible assets
0 0 0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0 0 0
Revaluation increase (decrease) tangible assets
0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers
0 0 0 0
Disposals tangible assets, others
6,22,253 39,391 55,347 72,425
Total disposals tangible assets
6,22,253 39,391 55,347 72,425
Other adjustments tangible assets [Abstract] Increase (decrease) through net exchange differences tangible assets
0 0
Other adjustments tangible assets, others
0 0 0 0
Total other adjustments tangible assets
0 0 0 0
Total changes in tangible assets
47,33,213 77,00,267 -6,91,579 -71,13,228
Tangible assets at end of period 3,34,03,036 2,86,69,823 2,09,69,556 1,67,43,785 1,74,35,364 2,45,48,592
37
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of tangible assets [Table] ..(3)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]Carrying amount accumulated depreciation and gross
carrying amount [Axis]Gross carrying amount [Member] Accumulated depreciation and impairment
[Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems] Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Additions other than through business combinations tangible assets
47,19,234 6,98,855
Acquisitions through business combinations tangible assets
0 0
Depreciation tangible assets 53,55,466 77,39,658
Impairment loss recognised in profit or loss tangible assets
0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0
Revaluation increase (decrease) tangible assets
0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers
0 0 0 0
Disposals tangible assets, others
6,77,600 1,11,816 6,22,253 39,391
Total disposals tangible assets
6,77,600 1,11,816 6,22,253 39,391
Other adjustments tangible assets [Abstract] Increase (decrease) through net exchange differences tangible assets
0 0
Other adjustments tangible assets, others
0 0 0 0
Total other adjustments tangible assets
0 0 0 0
Total changes in tangible assets
40,41,634 5,87,039 47,33,213 77,00,267
Tangible assets at end of period 5,01,46,821 4,61,05,187 4,55,18,148 3,34,03,036 2,86,69,823 2,09,69,556
38
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of tangible assets [Table] ..(4)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Furniture and fixtures [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]Carrying amount accumulated depreciation and gross
carrying amount [Axis]Carrying amount [Member] Gross carrying amount [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems] Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Additions other than through business combinations tangible assets
43,82,624 2,11,600 43,82,624 2,11,600
Acquisitions through business combinations tangible assets
0 0 0 0
Depreciation tangible assets -10,15,699 -7,92,521
Impairment loss recognised in profit or loss tangible assets
0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0
Revaluation increase (decrease) tangible assets
0 0 0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers
0 0 0 0
Disposals tangible assets, others
0 39,459 0 47,526
Total disposals tangible assets
0 39,459 0 47,526
Other adjustments tangible assets [Abstract] Increase (decrease) through net exchange differences tangible assets
0 0 0 0
Other adjustments tangible assets, others
0 0 0 0
Total other adjustments tangible assets
0 0 0 0
Total changes in tangible assets
33,66,925 -6,20,380 43,82,624 1,64,074
Tangible assets at end of period 70,28,432 36,61,507 42,81,887 1,14,86,539 71,03,915 69,39,841
39
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of tangible assets [Table] ..(5)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Furniture and fixtures [Member] Vehicles [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member]Carrying amount accumulated depreciation and gross
carrying amount [Axis]Accumulated depreciation and impairment
[Member]Carrying amount [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems] Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Additions other than through business combinations tangible assets
56,600 0
Acquisitions through business combinations tangible assets
0 0
Depreciation tangible assets 10,15,699 7,92,521 -5,06,171 -9,21,413
Impairment loss recognised in profit or loss tangible assets
0 0 0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0 0 0
Revaluation increase (decrease) tangible assets
0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers
0 0 0 0
Disposals tangible assets, others
0 8,067 0 0
Total disposals tangible assets
0 8,067 0 0
Other adjustments tangible assets [Abstract] Increase (decrease) through net exchange differences tangible assets
0 0
Other adjustments tangible assets, others
0 0 0 0
Total other adjustments tangible assets
0 0 0 0
Total changes in tangible assets
10,15,699 7,84,454 -4,49,571 -9,21,413
Tangible assets at end of period 44,58,107 34,42,408 26,57,954 15,03,652 19,53,223 28,74,636
40
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of tangible assets [Table] ..(6)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Vehicles [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]Carrying amount accumulated depreciation and gross
carrying amount [Axis]Gross carrying amount [Member] Accumulated depreciation and impairment
[Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems] Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Additions other than through business combinations tangible assets
56,600 0
Acquisitions through business combinations tangible assets
0 0
Depreciation tangible assets 5,06,171 9,21,413
Impairment loss recognised in profit or loss tangible assets
0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0
Revaluation increase (decrease) tangible assets
0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers
0 0 0 0
Disposals tangible assets, others
0 0 0 0
Total disposals tangible assets
0 0 0 0
Other adjustments tangible assets [Abstract] Increase (decrease) through net exchange differences tangible assets
0 0
Other adjustments tangible assets, others
0 0 0 0
Total other adjustments tangible assets
0 0 0 0
Total changes in tangible assets
56,600 0 5,06,171 9,21,413
Tangible assets at end of period 30,72,742 30,16,142 30,16,142 15,69,090 10,62,919 1,41,506
41
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of tangible assets [Table] ..(7)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Motor vehicles [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]Carrying amount accumulated depreciation and gross
carrying amount [Axis]Carrying amount [Member] Gross carrying amount [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems] Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Additions other than through business combinations tangible assets
56,600 0 56,600 0
Acquisitions through business combinations tangible assets
0 0 0 0
Depreciation tangible assets -5,06,171 -9,21,413
Impairment loss recognised in profit or loss tangible assets
0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0
Revaluation increase (decrease) tangible assets
0 0 0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers
0 0 0 0
Disposals tangible assets, others
0 0 0 0
Total disposals tangible assets
0 0 0 0
Other adjustments tangible assets [Abstract] Increase (decrease) through net exchange differences tangible assets
0 0 0 0
Other adjustments tangible assets, others
0 0 0 0
Total other adjustments tangible assets
0 0 0 0
Total changes in tangible assets
-4,49,571 -9,21,413 56,600 0
Tangible assets at end of period 15,03,652 19,53,223 28,74,636 30,72,742 30,16,142 30,16,142
42
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of tangible assets [Table] ..(8)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Motor vehicles [Member] Office equipment [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member]Carrying amount accumulated depreciation and gross
carrying amount [Axis]Accumulated depreciation and impairment
[Member]Carrying amount [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems] Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Additions other than through business combinations tangible assets
1,98,050 2,63,420
Acquisitions through business combinations tangible assets
0 0
Depreciation tangible assets 5,06,171 9,21,413 -33,46,980 -54,82,017
Impairment loss recognised in profit or loss tangible assets
0 0 0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0 0 0
Revaluation increase (decrease) tangible assets
0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers
0 0 0 0
Disposals tangible assets, others
0 0 55,347 9,198
Total disposals tangible assets
0 0 55,347 9,198
Other adjustments tangible assets [Abstract] Increase (decrease) through net exchange differences tangible assets
0 0
Other adjustments tangible assets, others
0 0 0 0
Total other adjustments tangible assets
0 0 0 0
Total changes in tangible assets
5,06,171 9,21,413 -32,04,277 -52,27,795
Tangible assets at end of period 15,69,090 10,62,919 1,41,506 51,52,777 83,57,054 1,35,84,849
43
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of tangible assets [Table] ..(9)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Office equipment [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]Carrying amount accumulated depreciation and gross
carrying amount [Axis]Gross carrying amount [Member] Accumulated depreciation and impairment
[Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems] Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Additions other than through business combinations tangible assets
1,98,050 2,63,420
Acquisitions through business combinations tangible assets
0 0
Depreciation tangible assets 33,46,980 54,82,017
Impairment loss recognised in profit or loss tangible assets
0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0
Revaluation increase (decrease) tangible assets
0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers
0 0 0 0
Disposals tangible assets, others
6,77,600 27,950 6,22,253 18,752
Total disposals tangible assets
6,77,600 27,950 6,22,253 18,752
Other adjustments tangible assets [Abstract] Increase (decrease) through net exchange differences tangible assets
0 0
Other adjustments tangible assets, others
0 0 0 0
Total other adjustments tangible assets
0 0 0 0
Total changes in tangible assets
-4,79,550 2,35,470 27,24,727 54,63,265
Tangible assets at end of period 2,98,83,848 3,03,63,398 3,01,27,928 2,47,31,071 2,20,06,344 1,65,43,079
44
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of tangible assets [Table] ..(10)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Computer equipments [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]Carrying amount accumulated depreciation and gross
carrying amount [Axis]Carrying amount [Member] Gross carrying amount [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems] Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Additions other than through business combinations tangible assets
1,98,050 2,63,420 1,98,050 2,63,420
Acquisitions through business combinations tangible assets
0 0 0 0
Depreciation tangible assets -33,46,980 -54,82,017
Impairment loss recognised in profit or loss tangible assets
0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0
Revaluation increase (decrease) tangible assets
0 0 0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers
0 0 0 0
Disposals tangible assets, others
55,347 9,198 6,77,600 27,950
Total disposals tangible assets
55,347 9,198 6,77,600 27,950
Other adjustments tangible assets [Abstract] Increase (decrease) through net exchange differences tangible assets
0 0 0 0
Other adjustments tangible assets, others
0 0 0 0
Total other adjustments tangible assets
0 0 0 0
Total changes in tangible assets
-32,04,277 -52,27,795 -4,79,550 2,35,470
Tangible assets at end of period 51,52,777 83,57,054 1,35,84,849 2,98,83,848 3,03,63,398 3,01,27,928
45
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of tangible assets [Table] ..(11)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Computer equipments [Member] Other tangible assets [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member]Carrying amount accumulated depreciation and gross
carrying amount [Axis]Accumulated depreciation and impairment
[Member]Carrying amount [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems] Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Additions other than through business combinations tangible assets
81,960 2,23,835
Acquisitions through business combinations tangible assets
0 0
Depreciation tangible assets 33,46,980 54,82,017 -4,86,616 -5,43,707
Impairment loss recognised in profit or loss tangible assets
0 0 0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0 0 0
Revaluation increase (decrease) tangible assets
0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers
0 0 0 0
Disposals tangible assets, others
6,22,253 18,752 0 23,768
Total disposals tangible assets
6,22,253 18,752 0 23,768
Other adjustments tangible assets [Abstract] Increase (decrease) through net exchange differences tangible assets
0 0
Other adjustments tangible assets, others
0 0 0 0
Total other adjustments tangible assets
0 0 0 0
Total changes in tangible assets
27,24,727 54,63,265 -4,04,656 -3,43,640
Tangible assets at end of period 2,47,31,071 2,20,06,344 1,65,43,079 30,58,924 34,63,580 38,07,220
46
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of tangible assets [Table] ..(12)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Other tangible assets [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]Carrying amount accumulated depreciation and gross
carrying amount [Axis]Gross carrying amount [Member] Accumulated depreciation and impairment
[Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems] Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Additions other than through business combinations tangible assets
81,960 2,23,835
Acquisitions through business combinations tangible assets
0 0
Depreciation tangible assets 4,86,616 5,43,707
Impairment loss recognised in profit or loss tangible assets
0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0
Revaluation increase (decrease) tangible assets
0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers
0 0 0 0
Disposals tangible assets, others
0 36,340 0 12,572
Total disposals tangible assets
0 36,340 0 12,572
Other adjustments tangible assets [Abstract] Increase (decrease) through net exchange differences tangible assets
0 0
Other adjustments tangible assets, others
0 0 0 0
Total other adjustments tangible assets
0 0 0 0
Total changes in tangible assets
81,960 1,87,495 4,86,616 5,31,135
Tangible assets at end of period 57,03,692 56,21,732 54,34,237 26,44,768 21,58,152 16,27,017
47
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of tangible assets [Table] ..(13)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Other tangible assets, others [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]Carrying amount accumulated depreciation and
gross carrying amount [Axis]Carrying amount [Member] Gross carrying amount [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems]
Nature of other tangible assets A I RCONDITIONER
A I RCONDITIONER
A I RCONDITIONER
A I RCONDITIONER
Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Additions other than through business combinations tangible assets
81,960 2,23,835 81,960 2,23,835
Acquisitions through business combinations tangible assets
0 0 0 0
Depreciation tangible assets -4,86,616 -5,43,707
Impairment loss recognised in profit or loss tangible assets
0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0
Revaluation increase (decrease) tangible assets
0 0 0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers
0 0 0 0
Disposals tangible assets, others
0 23,768 0 36,340
Total disposals tangible assets
0 23,768 0 36,340
Other adjustments tangible assets [Abstract] Increase (decrease) through net exchange differences tangible assets
0 0 0 0
Other adjustments tangible assets, others
0 0 0 0
Total other adjustments tangible assets
0 0 0 0
Total changes in tangible assets
-4,04,656 -3,43,640 81,960 1,87,495
Tangible assets at end of period 30,58,924 34,63,580 38,07,220 57,03,692 56,21,732 54,34,237
48
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of tangible assets [Table] ..(14)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Other tangible assets, others [Member]
Sub classes of tangible assets [Axis] Owned assets [Member]Carrying amount accumulated depreciation and gross carrying amount [Axis] Accumulated depreciation and impairment [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of tangible assets [Abstract] Disclosure of tangible assets [LineItems] Nature of other tangible assets AIR CONDITIONER AIR CONDITIONER
Reconciliation of changes in tangible assets [Abstract] Changes in tangible assets [Abstract] Depreciation tangible assets 4,86,616 5,43,707
Impairment loss recognised in profit or loss tangible assets 0 0
Reversal of impairment loss recognised in profit or loss tangible assets
0 0
Disposals tangible assets [Abstract] Disposals tangible assets through demergers 0 0
Disposals tangible assets, others 0 12,572
Total disposals tangible assets 0 12,572
Other adjustments tangible assets [Abstract] Other adjustments tangible assets, others 0 0
Total other adjustments tangible assets 0 0
Total changes in tangible assets 4,86,616 5,31,135
Tangible assets at end of period 26,44,768 21,58,152 16,27,017
Disclosure of additional information tangible assets [Table] ..(1)
Unless otherwise specified, all monetary values are in INRClasses of tangible assets [Axis] Company total tangible assets [Member] Vehicles [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Disclosure of additional information tangible assets [Abstract] Disclosure of additional information tangible assets [LineItems] Depreciation method tangible assets REFER NOTES REFER NOTES REFER NOTES REFER NOTES
Useful lives or depreciation rates tangible assets REFER NOTES REFER NOTES REFER NOTES REFER NOTES
Description of justification for using higher rates of depreciation than prescribed rate
REFER NOTES REFER NOTES
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
Disclosure of notes on tangible assets explanatory [TextBlock] Textual information (6) [See below]
49
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Textual information (6)
Disclosure of notes on tangible assets explanatory [Text Block]
NOTE 11
FIXED ASSETS ANDDEPRECIATIONSTATEMENTFOR THE YEARENDED MARCH31, 2014
( As perCompanies Act)
GROSSBLOCK
DEPRECIATIONBLOCK
NET BLOCK
Sl. Particulars As at Additions/ Adjustment
Deletions As at % As at
No. 1-Apr-13 31-Mar-14 1-Apr-13 31-Mar-14 31-Mar-14
1 Plant andMachinery
Airconditioner
546,391
- -
546,391
13.91 274,271
Sub-total 546,391
- -
546,391
274,271
2Furnitureand Fixtures:
Furniture &Fixtures
7,103,915
4,382,624 -
11,486,539
18.10 3,442,408
Sub-total 7,103,915
4,382,624 -
11,486,539
3,442,408
3 Vehicles :
MotorVehicles
3,016,142
56,600 -
3,072,742
25.89 1,062,919
Sub-total 3,016,142
56,600 -
3,072,742
1,062,919
4
Officeequipment /ElectricalEquipment :
OfficeEquipments
2,424,332
81,960 -
2,506,292
13.91 783,208
Projector 51,963
- -
51,963
13.91 28,711
50
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
ElectricalFittings
2,559,046
- -
2,559,046
13.91 1,047,867
Invertor 40,000
- -
40,000
13.91 24,095
Sub-total 5,075,341
81,960 -
5,157,301
1,883,881
5Others(ComputerSystems) :
Computer &Server
28,866,274
190,500 -
29,056,774
40.00 20,617,254
Printer &UPS
1,497,124
7,550 677,600
827,074
40.00 1,389,090
Sub-total 30,363,398
198,050 677,600
29,883,848
22,006,344
TotalTangibleAssets (A)
46,105,187 4,719,234
677,600
50,146,821 -
28,669,823
6 INTANGIBLEASSETS
Softwares 96,876,974
525,558 97,402,532
40.00 50,630,380
TotalIntangibleAssets (B)
96,876,974 525,558
-
97,402,532
50,630,380
Total (A+B) 142,982,161
5,244,792 677,600
147,549,353
- 79,300,203
PreviousYear
107,277,762
35,816,215 111,816
142,982,161
64,136,158
51
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[201100] Notes - Intangible assets
Disclosure of intangible assets [Table] ..(1)
Unless otherwise specified, all monetary values are in INRClasses of intangible assets [Axis] Company total intangible assets [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internally generated intangible assets [Member]Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]Carrying amount [Member] Gross carrying amount [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of intangible assets [Abstract] Disclosure of intangible assets [LineItems] Reconciliation of changes in intangible assets [Abstract] Changes in intangible assets [Abstract] Additions to intangible assets [Abstract] Additions through internal development
5,25,558 3,51,17,360 5,25,558 3,51,17,360
Additions other than through business combinations intangible assets
0 0 0 0
Acquisitions through business combinations intangible assets
0 0 0 0
Total additions to intangible assets
5,25,558 3,51,17,360 5,25,558 3,51,17,360
Amortization intangible assets -1,86,63,764 -74,63,778
Impairment loss recognised in profit or loss intangible assets
0 0
Reversal of impairment loss recognised in profit or loss intangible assets
0 0
Revaluation increase (decrease) intangible assets
0 0 0 0
Disposals intangible assets [Abstract] Disposals intangible assets through demergers
0 0 0 0
Disposals intangible assets, others
0 0 0 0
Total disposals intangible assets
0 0 0 0
Retirements of intangible assets
0 0 0 0
Other adjustments intangible assets [Abstract] Increase (decrease) through net exchange differences intangible assets
0 0 0 0
Other adjustments intangible assets, others
0 0 0 0
Total other adjustments intangible assets
0 0 0 0
Total changes in intangible assets
-1,81,38,206 2,76,53,582 5,25,558 3,51,17,360
Intangible assets at end of period 2,81,08,388 4,62,46,594 1,85,93,012 9,74,02,532 9,68,76,974 6,17,59,614
52
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of intangible assets [Table] ..(2)
Unless otherwise specified, all monetary values are in INRClasses of intangible assets [Axis] Company total intangible assets [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internallygenerated intangible assets [Member]
Internally generated intangible assets [Member]
Carrying amount accumulated amortization andimpairment and gross carrying amount [Axis]
Accumulated amortization and impairment[Member]
Carrying amount [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of intangible assets [Abstract] Disclosure of intangible assets [LineItems] Reconciliation of changes in intangible assets [Abstract] Changes in intangible assets [Abstract] Additions to intangible assets [Abstract] Additions through internal development
5,25,558 3,51,17,360
Additions other than through business combinations intangible assets
0 0
Acquisitions through business combinations intangible assets
0 0
Total additions to intangible assets
5,25,558 3,51,17,360
Amortization intangible assets 1,86,63,764 74,63,778 -1,86,63,764 -74,63,778
Impairment loss recognised in profit or loss intangible assets
0 0 0 0
Reversal of impairment loss recognised in profit or loss intangible assets
0 0 0 0
Revaluation increase (decrease) intangible assets
0 0
Disposals intangible assets [Abstract] Disposals intangible assets through demergers
0 0 0 0
Disposals intangible assets, others
0 0 0 0
Total disposals intangible assets
0 0 0 0
Retirements of intangible assets
0 0 0 0
Other adjustments intangible assets [Abstract] Increase (decrease) through net exchange differences intangible assets
0 0
Other adjustments intangible assets, others
0 0 0 0
Total other adjustments intangible assets
0 0 0 0
Total changes in intangible assets
1,86,63,764 74,63,778 -1,81,38,206 2,76,53,582
Intangible assets at end of period 6,92,94,144 5,06,30,380 4,31,66,602 2,81,08,388 4,62,46,594 1,85,93,012
53
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of intangible assets [Table] ..(3)
Unless otherwise specified, all monetary values are in INRClasses of intangible assets [Axis] Company total intangible assets [Member]
Sub classes of intangible assets [Axis] Internally generated intangible assets [Member]Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]Gross carrying amount [Member] Accumulated amortization and impairment
[Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of intangible assets [Abstract] Disclosure of intangible assets [LineItems] Reconciliation of changes in intangible assets [Abstract] Changes in intangible assets [Abstract] Additions to intangible assets [Abstract] Additions through internal development
5,25,558 3,51,17,360
Additions other than through business combinations intangible assets
0 0
Acquisitions through business combinations intangible assets
0 0
Total additions to intangible assets
5,25,558 3,51,17,360
Amortization intangible assets 1,86,63,764 74,63,778
Impairment loss recognised in profit or loss intangible assets
0 0
Reversal of impairment loss recognised in profit or loss intangible assets
0 0
Revaluation increase (decrease) intangible assets
0 0
Disposals intangible assets [Abstract] Disposals intangible assets through demergers
0 0 0 0
Disposals intangible assets, others
0 0 0 0
Total disposals intangible assets
0 0 0 0
Retirements of intangible assets
0 0 0 0
Other adjustments intangible assets [Abstract] Increase (decrease) through net exchange differences intangible assets
0 0
Other adjustments intangible assets, others
0 0 0 0
Total other adjustments intangible assets
0 0 0 0
Total changes in intangible assets
5,25,558 3,51,17,360 1,86,63,764 74,63,778
Intangible assets at end of period 9,74,02,532 9,68,76,974 6,17,59,614 6,92,94,144 5,06,30,380 4,31,66,602
54
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of intangible assets [Table] ..(4)
Unless otherwise specified, all monetary values are in INRClasses of intangible assets [Axis] Computer software [Member]
Sub classes of intangible assets [Axis] Internally generated intangible assets [Member]Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]Carrying amount [Member] Gross carrying amount [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of intangible assets [Abstract] Disclosure of intangible assets [LineItems] Reconciliation of changes in intangible assets [Abstract] Changes in intangible assets [Abstract] Additions to intangible assets [Abstract] Additions through internal development
5,25,558 3,51,17,360 5,25,558 3,51,17,360
Additions other than through business combinations intangible assets
0 0 0 0
Acquisitions through business combinations intangible assets
0 0 0 0
Total additions to intangible assets
5,25,558 3,51,17,360 5,25,558 3,51,17,360
Amortization intangible assets -1,86,63,764 -74,63,778
Impairment loss recognised in profit or loss intangible assets
0 0
Reversal of impairment loss recognised in profit or loss intangible assets
0 0
Revaluation increase (decrease) intangible assets
0 0 0 0
Disposals intangible assets [Abstract] Disposals intangible assets through demergers
0 0 0 0
Disposals intangible assets, others
0 0 0 0
Total disposals intangible assets
0 0 0 0
Retirements of intangible assets
0 0 0 0
Other adjustments intangible assets [Abstract] Increase (decrease) through net exchange differences intangible assets
0 0 0 0
Other adjustments intangible assets, others
0 0 0 0
Total other adjustments intangible assets
0 0 0 0
Total changes in intangible assets
-1,81,38,206 2,76,53,582 5,25,558 3,51,17,360
Intangible assets at end of period 2,81,08,388 4,62,46,594 1,85,93,012 9,74,02,532 9,68,76,974 6,17,59,614
55
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of intangible assets [Table] ..(5)
Unless otherwise specified, all monetary values are in INRClasses of intangible assets [Axis] Computer software [Member]
Sub classes of intangible assets [Axis] Internally generated intangible assets [Member]Carrying amount accumulated amortization and impairment and gross carrying amount
[Axis]Accumulated amortization and impairment [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/201331/03/2012
Disclosure of intangible assets [Abstract] Disclosure of intangible assets [LineItems] Reconciliation of changes in intangible assets [Abstract] Changes in intangible assets [Abstract] Amortization intangible assets 1,86,63,764 74,63,778
Impairment loss recognised in profit or loss intangible assets 0 0
Reversal of impairment loss recognised in profit or loss intangible assets
0 0
Disposals intangible assets [Abstract] Disposals intangible assets through demergers 0 0
Disposals intangible assets, others 0 0
Total disposals intangible assets 0 0
Retirements of intangible assets 0 0
Other adjustments intangible assets [Abstract] Other adjustments intangible assets, others 0 0
Total other adjustments intangible assets 0 0
Total changes in intangible assets 1,86,63,764 74,63,778
Intangible assets at end of period 6,92,94,144 5,06,30,380 4,31,66,602
Disclosure of additional information intangible assets [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Classes of intangible assets [Axis] Company total intangible assets[Member]
Computer software [Member]
Sub classes of intangible assets [Axis] Intangible assets other than internallygenerated [Member]
Intangible assets other than internallygenerated [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Disclosure of additional information intangible assets [Abstract] Disclosure of additional information intangible assets [LineItems] Useful lives or amortization rates intangible assets
REFER NOTES REFER NOTES REFER NOTES REFER NOTES
Description of amortization method used REFER NOTES REFER NOTES REFER NOTES REFER NOTES
56
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[200400] Notes - Non-current investments
Details of non-current investments [Table] ..(1)
Unless otherwise specified, all monetary values are in INRClassification of non-current investments [Axis] Column 1 Column 2
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Non-current investments [Abstract] Disclosure of details of non-current investments [Abstract] Details of non-current investments [LineItems]
Type of non-current investments Investment insubsidiaries equityinstruments
Investment insubsidiaries equityinstruments
Investment insubsidiaries equityinstruments
Investment insubsidiaries equityinstruments
Class of non-current investments Other investments Other investments Other investments Other investments
Nature of non-current investments EQUITY SHARES EQUITY SHARES EQUITY SHARES EQUITY SHARES
Non-current investments 60,000 60,000 0 4,90,000
Name of body corporate in whom investment has been made
A R M ISOLUTIONSP R I V A T ELIMITED
ARM I SOLUTIONSPRIVATE LIMITED
GI HOLDINGSP R I V A T ELIMITED
GI HOLDINGSPRIVATE LIMITED
Details of whether such body corporate is subsidiary, associate, joint venture or controlled special purpose entity
SUBSIDIARYCOMPANY
SUBSIDIARYCOMPANY
INVESTIMENT INASSOCIATECOMPANY
INVESTIMENT INASSOCIATECOMPANY
Details of non-current investments [Table] ..(2)
Unless otherwise specified, all monetary values are in INRClassification of non-current investments [Axis] Column 3
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Non-current investments [Abstract] Disclosure of details of non-current investments [Abstract] Details of non-current investments [LineItems]
Type of non-current investments Investment inforeign sources
Investment in foreignsources
Class of non-current investments Other investments Other investments
Nature of non-current investments EQUITY SHARES EQUITY SHARES
Non-current investments 2,05,40,147 91,88,851
Name of body corporate in whom investment has been made GI PHILIPPINESCORPORATION
GI PHILIPPINESCORPORATION
Details of whether such body corporate is subsidiary, associate, joint venture or controlled special purpose entity
SUBSIDIARY SUBSIDIARY
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
31/03/2013
Disclosure of notes on non-current investments explanatory [TextBlock] Accounting policy for determination of carrying amount of investments [TextBlock]
Textual information (7) [See below]
Aggregate amount of quoted non-current investments 0 0
Aggregate amount of unquoted non-current investments 2,06,00,147 97,38,851
Aggregate provision for diminution in value of non-current investments 0 0
57
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Textual information (7)
Accounting policy for determination of carrying amount of investments [Text Block]
NON CURRENT INVESTMENTS
i) In Equity shares of Subsidiary Companies (valued at cost)
a) In ARM I solutions Private Limited (6,000 equity shares of Rs.10/- each) 60,000 60,000
b) In GI Holdings Private Limited (49,000 equity shares of Rs.10/- each) - 490,000
ii) Equity investments in overseas Subsidiary
GI Philippines Corporation, Philippines (in equity shares) 20,540,147 9,188,851
Total 20,600,147 9,738,851
[200500] Notes - Current investments
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
Disclosure of notes on current investments explanatory [TextBlock] Accounting policy for determination of carrying amount of investments [TextBlock]
Textual information (8) [See below]
Textual information (8)
Accounting policy for determination of carrying amount of investments [Text Block]
NON CURRENT INVESTMENTS
i) In Equity shares of Subsidiary Companies (valued at cost)
a) In ARM I solutions Private Limited (6,000 equity shares of Rs.10/- each) 60,000 60,000
b) In GI Holdings Private Limited (49,000 equity shares of Rs.10/- each) - 490,000
ii) Equity investments in overseas Subsidiary
GI Philippines Corporation, Philippines (in equity shares) 20,540,147 9,188,851
Total 20,600,147 9,738,851
58
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[200600] Notes - Subclassification and notes on liabilities and assets
Classification of inventories [Table] ..(1)
Unless otherwise specified, all monetary values are in INRClassification of inventories [Axis] Company total inventories [Member]
31/03/2014 31/03/2013 Subclassification and notes on liabilities and assets [Abstract] Inventories notes [Abstract] Inventories [Abstract] Classification of inventories [Abstract] Details of inventories [LineItems] Inventories 0 0
Loans and advances [Table] ..(1)
Unless otherwise specified, all monetary values are in INRClassification based on time period [Axis] Long-term [Member]Classification of loans and advances [Axis] Loans and advances [Member] Security deposits [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Subclassification and notes on liabilities and assets [Abstract] Loans and advances notes [Abstract] Loans and advances [Abstract] Disclosure of loans and advances [LineItems] Loans and advances, gross 8,36,68,493 5,88,99,653 1,72,77,989 73,16,649
Allowance for bad and doubtful loans and advances
0 0 0 0
Loans and advances 8,36,68,493 5,88,99,653 1,72,77,989 73,16,649
Nature of other loans and advances REFER NOTES REFER NOTES REFER NOTES REFER NOTES
Details of loans and advances due by directors, other officers or others [Abstract] Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Loans and advances due by others 0 0 0 0
Total loans and advances due by directors, other officers or others
0 0 0 0
Details of loans and advances due by firms or companies in which any director is partner or director [Abstract] Loans and advances due by firms in which any director is partner
0 0 0 0
Loans and advances due by private companies in which any director is director
0 0 0 0
Loans and advances due by private companies in which any director is member
0 0 0 0
Total loans and advances due by firms or companies in which any director is partner or director
0 0 0 0
59
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Loans and advances [Table] ..(2)
Unless otherwise specified, all monetary values are in INRClassification based on time period [Axis] Long-term [Member]Classification of loans and advances [Axis] Other loans and advances [Member] Advance tax [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Subclassification and notes on liabilities and assets [Abstract] Loans and advances notes [Abstract] Loans and advances [Abstract] Disclosure of loans and advances [LineItems] Loans and advances, gross 6,63,90,504 5,15,83,004 4,16,58,777 4,24,93,102
Allowance for bad and doubtful loans and advances
0 0 0 0
Loans and advances 6,63,90,504 5,15,83,004 4,16,58,777 4,24,93,102
Nature of other loans and advances REFER NOTES REFER NOTES REFER NOTES REFER NOTES
Details of loans and advances due by directors, other officers or others [Abstract] Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Loans and advances due by others 0 0 0 0
Total loans and advances due by directors, other officers or others
0 0 0 0
Details of loans and advances due by firms or companies in which any director is partner or director [Abstract] Loans and advances due by firms in which any director is partner
0 0 0 0
Loans and advances due by private companies in which any director is director
0 0 0 0
Loans and advances due by private companies in which any director is member
0 0 0 0
Total loans and advances due by firms or companies in which any director is partner or director
0 0 0 0
60
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Loans and advances [Table] ..(3)
Unless otherwise specified, all monetary values are in INRClassification based on time period [Axis] Long-term [Member]Classification of loans and advances [Axis] Other advance taxes [Member] MAT credit entitlement [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Subclassification and notes on liabilities and assets [Abstract] Loans and advances notes [Abstract] Loans and advances [Abstract] Disclosure of loans and advances [LineItems] Loans and advances, gross 4,16,58,777 4,24,93,102 0 62,20,783
Allowance for bad and doubtful loans and advances
0 0 0 0
Loans and advances 4,16,58,777 4,24,93,102 0 62,20,783
Nature of other loans and advances REFER NOTES REFER NOTES REFER NOTES REFER NOTES
Details of loans and advances due by directors, other officers or others [Abstract] Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Loans and advances due by others 0 0 0 0
Total loans and advances due by directors, other officers or others
0 0 0 0
Details of loans and advances due by firms or companies in which any director is partner or director [Abstract] Loans and advances due by firms in which any director is partner
0 0 0 0
Loans and advances due by private companies in which any director is director
0 0 0 0
Loans and advances due by private companies in which any director is member
0 0 0 0
Total loans and advances due by firms or companies in which any director is partner or director
0 0 0 0
61
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Loans and advances [Table] ..(4)
Unless otherwise specified, all monetary values are in INRClassification based on time period [Axis] Long-term [Member] Short-term [Member]
Classification of loans and advances [Axis] Other loans and advances, others[Member]
Loans and advances [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Subclassification and notes on liabilities and assets [Abstract] Loans and advances notes [Abstract] Loans and advances [Abstract] Disclosure of loans and advances [LineItems] Loans and advances, gross 2,47,31,727 28,69,119 81,88,23,588 55,31,35,768
Allowance for bad and doubtful loans and advances
0 0 0 0
Loans and advances 2,47,31,727 28,69,119 81,88,23,588 55,31,35,768
Nature of other loans and advances REFER NOTES REFER NOTES REFER NOTES REFER NOTES
Details of loans and advances due by directors, other officers or others [Abstract] Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Loans and advances due by others 0 0 0 0
Total loans and advances due by directors, other officers or others
0 0 0 0
Details of loans and advances due by firms or companies in which any director is partner or director [Abstract] Loans and advances due by firms in which any director is partner
0 0 0 0
Loans and advances due by private companies in which any director is director
0 0 0 0
Loans and advances due by private companies in which any director is member
0 0 0 0
Total loans and advances due by firms or companies in which any director is partner or director
0 0 0 0
62
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Loans and advances [Table] ..(5)
Unless otherwise specified, all monetary values are in INRClassification based on time period [Axis] Short-term [Member]
Classification of loans and advances [Axis] Loans and advances to related parties[Member]
Loans advances given directors[Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Subclassification and notes on liabilities and assets [Abstract] Loans and advances notes [Abstract] Loans and advances [Abstract] Disclosure of loans and advances [LineItems] Loans and advances, gross 33,77,22,236 26,86,50,737 56,180 0
Allowance for bad and doubtful loans and advances
0 0 0 0
Loans and advances 33,77,22,236 26,86,50,737 56,180 0
Nature of other loans and advances REFER NOTES REFER NOTES REFER NOTES REFER NOTES
Details of loans and advances due by directors, other officers or others [Abstract] Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Loans and advances due by others 0 0 0 0
Total loans and advances due by directors, other officers or others
0 0 0 0
Details of loans and advances due by firms or companies in which any director is partner or director [Abstract] Loans and advances due by firms in which any director is partner
0 0 0 0
Loans and advances due by private companies in which any director is director
0 0 0 0
Loans and advances due by private companies in which any director is member
0 0 0 0
Total loans and advances due by firms or companies in which any director is partner or director
0 0 0 0
63
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Loans and advances [Table] ..(6)
Unless otherwise specified, all monetary values are in INRClassification based on time period [Axis] Short-term [Member]
Classification of loans and advances [Axis] Loans advances given other relatedparties [Member]
Loans advances given employees[Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Subclassification and notes on liabilities and assets [Abstract] Loans and advances notes [Abstract] Loans and advances [Abstract] Disclosure of loans and advances [LineItems] Loans and advances, gross 33,76,66,056 26,86,50,737 32,46,079 23,82,839
Allowance for bad and doubtful loans and advances
0 0 0 0
Loans and advances 33,76,66,056 26,86,50,737 32,46,079 23,82,839
Nature of other loans and advances REFER NOTES REFER NOTES REFER NOTES REFER NOTES
Details of loans and advances due by directors, other officers or others [Abstract] Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Loans and advances due by others 0 0 0 0
Total loans and advances due by directors, other officers or others
0 0 0 0
Details of loans and advances due by firms or companies in which any director is partner or director [Abstract] Loans and advances due by firms in which any director is partner
0 0 0 0
Loans and advances due by private companies in which any director is director
0 0 0 0
Loans and advances due by private companies in which any director is member
0 0 0 0
Total loans and advances due by firms or companies in which any director is partner or director
0 0 0 0
64
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Loans and advances [Table] ..(7)
Unless otherwise specified, all monetary values are in INRClassification based on time period [Axis] Short-term [Member]Classification of loans and advances [Axis] Other loans and advances [Member] Prepaid expenses [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Subclassification and notes on liabilities and assets [Abstract] Loans and advances notes [Abstract] Loans and advances [Abstract] Disclosure of loans and advances [LineItems] Loans and advances, gross 47,78,55,273 28,21,02,192 37,45,992 1,17,339
Allowance for bad and doubtful loans and advances
0 0 0 0
Loans and advances 47,78,55,273 28,21,02,192 37,45,992 1,17,339
Nature of other loans and advances REFER NOTES REFER NOTES REFER NOTES REFER NOTES
Details of loans and advances due by directors, other officers or others [Abstract] Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Loans and advances due by others 0 0 0 0
Total loans and advances due by directors, other officers or others
0 0 0 0
Details of loans and advances due by firms or companies in which any director is partner or director [Abstract] Loans and advances due by firms in which any director is partner
0 0 0 0
Loans and advances due by private companies in which any director is director
0 0 0 0
Loans and advances due by private companies in which any director is member
0 0 0 0
Total loans and advances due by firms or companies in which any director is partner or director
0 0 0 0
65
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Loans and advances [Table] ..(8)
Unless otherwise specified, all monetary values are in INRClassification based on time period [Axis] Short-term [Member]
Classification of loans and advances [Axis] Other loans and advances, others[Member]
Classification of assets based on security [Axis] Unsecured considered good [Member]
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Subclassification and notes on liabilities and assets [Abstract] Loans and advances notes [Abstract] Loans and advances [Abstract] Disclosure of loans and advances [LineItems] Loans and advances, gross 47,41,09,281 28,19,84,853
Allowance for bad and doubtful loans and advances 0 0
Loans and advances 47,41,09,281 28,19,84,853
Nature of other loans and advances REFER NOTES REFER NOTES
Details of loans and advances due by directors, other officers or others [Abstract] Loans and advances due by directors 0 0
Loans and advances due by other officers 0 0
Loans and advances due by others 0 0
Total loans and advances due by directors, other officers or others 0 0
Details of loans and advances due by firms or companies in which any director is partner or director [Abstract] Loans and advances due by firms in which any director is partner 0 0
Loans and advances due by private companies in which any director is director
0 0
Loans and advances due by private companies in which any director is member 0 0
Total loans and advances due by firms or companies in which any director is partner or director
0 0
66
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Subclassification of trade receivables [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Classification of assets based on security [Axis] Classification of assets based on security[Member]
Unsecured considered good [Member]
31/03/2014 31/03/2013 31/03/2014 31/03/2013 Subclassification and notes on liabilities and assets [Abstract] Trade receivables notes [Abstract] Trade receivables [Abstract] Subclassification of trade receivables [Abstract] Subclassification of trade receivables [LineItems] Breakup of trade receivables [Abstract] Trade receivables, gross 3,62,34,888 3,76,07,202 3,62,34,888 3,76,07,202
Allowance for bad and doubtful debts 0 0 0 0
Total trade receivables 3,62,34,888 3,76,07,202 3,62,34,888 3,76,07,202
Details of trade receivables due by directors, other officers or others [Abstract] Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Trade receivables due by others 0 0
Total trade receivables due by directors, other officers or others
0 0
Details of trade receivables due by firms or companies in which any director is partner or director [Abstract] Trade receivables due by firms in which any director is partner
0 0
Trade receivables due by private companies in which any director is director
0 0
Trade receivables due by private companies in which any director is member
0 0
Total trade receivables due by firms or companies in which any director is partner or director
0 0
Disclosure of details of balances with banks [Table] ..(1)
Unless otherwise specified, all monetary values are in INRDetails of balances with banks [Axis] Column 1
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Subclassification and notes on liabilities and assets [Abstract] Cash and bank balances notes [Abstract] Cash and bank balances [Abstract] Disclosure of details of balances with banks [Abstract] Details of balances with banks [LineItems] Name of bank SCHEDULE BANK SCHEDULE BANK
Closing balance held in bank 6,12,20,640 6,47,64,206
67
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
01/04/2012 to
31/03/2013Disclosure of subclassification and notes on liabilities and assets explanatory [TextBlock]
Textual information (9) [See below]
Disclosure of notes on other long-term liabilities explanatory [TextBlock]
Textual information (10) [See below]
Trade payables, long-term 2,79,316 9,73,061
Others long-term, others 43,67,500 46,42,500
Total others, long-term 43,67,500 46,42,500
Total other long-term liabilities 46,46,816 56,15,561
Disclosure of notes on other current liabilities explanatory [TextBlock]
Textual information (11) [See below]
Current maturities of long-term debt 5,19,047 4,87,542
Interest accrued but not due on borrowings 0 0
Interest accrued and due on borrowings 0 0
Debentures claimed but not paid 0 0
Unpaid dividends 0 0
Unpaid matured deposits and interest accrued thereon 0 0
Unpaid matured debentures and interest accrued thereon 0 0
Accrued expenses payable 1,90,56,456 2,13,70,141
Public deposit payable, current 0 0
Total other payables, current 1,90,56,456 2,13,70,141
Advance received from customers 10,22,11,236 1,31,46,598
Current liabilities portion of share application money pending allotment
0 0
Total other current liabilities 12,17,96,095 3,50,13,372
Other non-current assets, others 4,17,81,033 2,54,66,421
Total other non-current assets 4,17,81,033 2,54,66,421
Nature of other non-current assets, others REFER NOTES REFER NOTES
Aggregate amount of trade receivables outstanding for period exceeding six months
0 0
Disclosure of notes on cash and bank balances explanatory [TextBlock] Textual information (12) [See below]
Fixed deposits with banks 0 0
Other deposits with banks 6,12,20,640 6,47,64,206
Total balance with banks 6,12,20,640 6,47,64,206
Cash on hand 11,40,426 8,19,541
Total cash and cash equivalents 6,23,61,066 6,55,83,747
Total cash and bank balances 6,23,61,066 6,55,83,747
Total balances held with banks to extent held as margin money or security against borrowings, guarantees or other commitments
0 0
Bank deposits with more than twelve months maturity 0 0
68
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Textual information (9)
Disclosure of subclassification and notes on liabilities and assets explanatory [Text Block]
OTHER CURRENT LIABILITIES
Current Maturities of Long Term Debt 519,047
487,542
Excess Share Application money due for refund
9,356 9,091
Advance From Customers 102,211,236
13,146,598
Statutory dues Payables 18,556,939
21,187,638
Payables on Purchase of Fixed Assets 499,517
182,503
Total 121,796,095
35,013,372
Textual information (10)
Disclosure of notes on other long-term liabilities explanatory [Text Block]
OTHER LONG-TERM LIABILITIES
(a) Trade Payables 279,316 973,061
(b) Others:
Trade / security deposits received 4,367,500 4,642,500
Total 4,646,816 5,615,561
69
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Textual information (11)
Disclosure of notes on other current liabilities explanatory [Text Block]
OTHER CURRENT LIABILITIES
Current Maturities of Long Term Debt 519,047
487,542
Excess Share Application money due for refund
9,356 9,091
Advance From Customers 102,211,236
13,146,598
Statutory dues Payables 18,556,939
21,187,638
Payables on Purchase of Fixed Assets 499,517
182,503
Total 121,796,095
35,013,372
Textual information (12)
Disclosure of notes on cash and bank balances explanatory [Text Block]
CASH & CASH EQUIVALENTS
Cash-in-Hand 1,140,426 819,541
Balance with Banks
With scheduled banks in current deposit accounts 61,220,640 64,764,206
Total 62,361,066 65,583,747
70
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[200700] Notes - Additional disclosures on balance sheet
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
01/04/2012 to
31/03/2013
Disclosure of additional balance sheet notes explanatory [TextBlock] Textual information (13) [See below]
Total contingent liabilities and commitments 0 0
Amount of dividends proposed to be distributed to equity shareholders 0 0
Amount of per share dividend proposed to be distributed to equity shareholders
[INR/shares] 0 [INR/shares] 0
Percentage of equity shares held up by other body corporates 89 00%
Percentage of equity shares held up by directors and related parties 1.48%
Percentage of equity shares held up by others 9 52%
Deposits accepted or renewed during period 0 0
Deposits matured and claimed but not paid during period 0 0
Deposits matured and claimed but not paid 0 0
Deposits matured but not claimed 0 0
Interest on deposits accrued and due but not paid 0 0
Share application money received during year 0 0
Share application money paid during year 0 0
Amount of share application money received back during year 0 0
Amount of share application money repaid returned back during year 0 0
Number of person share application money paid during year [pure] 0 [pure] 0
Number of person share application money received during year [pure] 0 [pure] 0
Number of person share application money paid as at end of year [pure] 0 [pure] 0
Number of person share application money received as at end of year [pure] 0 [pure] 0
Whether maintenance of cost records by company has been mandated under any cost accounting records rules notified under section 209(1)(d) of companies act,1956
No No
Unclaimed share application refund money 0 0
Unclaimed matured debentures 0 0
Unclaimed matured deposits 0 0
Interest unclaimed amount 0 0
71
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Textual information (13)
Disclosure of additional balance sheet notes explanatory [Text Block]
LONG TERM LOANS AND ADVANCES
a) Security Deposit 17,277,989
7,316,649
(unsecured, considered good)
b) Other loans and advances 24,731,727
2,869,119
(unsecured, considered good)
c) MAT Credit Entitlement -
6,220,783
d) Income tax refund due 41,658,777
42,493,102
Total 83,668,493
58,899,653
OTHER NON-CURRENT ASSETS
Unsecured but considered good
a) Fixed deposit with bank 40,707,313
25,207,313
[Fixed Deposit with the bank and interest thereon is under lien to the bank for guaranteeissued for business purpose] of issuing Corporate Credit Cards
b) Interest accrued on fixed deposit 1,073,720
259,108
Total 41,781,033
25,466,421
TRADE RECEIVABLES
(Unsecured, considered good)
i)Trade Receivables outstanding for more than six months from the date they became due forpayment
-
-
ii) Other trade receivables 36,234,888
37,607,202
Total 36,234,888
37,607,202
CASH & CASH EQUIVALENTS
72
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Cash-in-Hand 1,140,426 819,541
Balance with Banks
With scheduled banks in current deposit accounts
61,220,640
64,764,206
Total 62,361,066
65,583,747
SHORT TERM LOANS & ADVANCES
Unsecured, considered good
a) Due from director 56,180
-
b) Loans and advances to related parties 337,666,056
268,650,737
c) Loans and advances to employees 3,246,079
2,382,839
d) Prepaid expenses 3,745,992
117,339
e) Other loans & advances 474,109,281
281,984,853
Total 818,823,588
553,135,768
[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [TextBlock]
Textual information (14) [See below]
73
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Textual information (14)
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
j) Other Notes
(i)
Balances of Tradereceivables, Tradepayables, Loans, depositsand Advances as at 31stMarch, 2014 are subjectto confirmation byrespective parties.
(ii)
In the opinion of theBoard of Directors, thecurrent assets and loans& advances have a valueon realization in theordinary course ofbusiness, not less thanthe amount, at which theyare stated in the BalanceSheet as at 31st March2014.
(iii)
In view of insufficientinformation from thesuppliers regarding theirstatus as SSI unit, amountoverdue to Small ScaleIndustrial Undertaking ason 31.03.2014 could notbe ascertained.
(iv)
Fixed deposit with banksare under lien to respective banks to the extent of credit card limitssanctioned by thosebanks.
(v)
Previous Year figureshave been re-classified /regrouped wherever necessary, to conform tocurrent year classification/ grouping.
During the year thecompany has received anorder from theCommissioner of CentralExcise, Chennai-ICommissioneratedemanding an amount ofRs.112,574,017/-(including tax, interest andpenalty) stating thatcertain services renderedby the Company inprevious financial yearsare liable for service tax .The company has
74
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
(vi)
disputed the said orderand filed an appeal beforethe Hon'ble Customs,Excise and Service TaxAppellate Tribunal,Chennai. The companyhas received expertopinion that the companyhas a strong case to winthe appeal and therefore,no provision has beenmade in the account. Thetotal liability has beenconsidered as contingentupon the decision of the
75
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Appellate Authorities anddisclosed as contingentliability.
(vii)
Necessary allotment ofshares in the name of thecompany is yet to bemade in respect of aninvestment ofRs.5,921,330/- made in athe wholly ownedsubsidiary company inPhilippines, pendingcompletion of certainstatutory formalities.
(viii)
The Wholly OwnedSubsidiary company(WOS) promoted by theCompany in Philippines,GI PhilippinesCorporation, has incurreda loss of INR46,96,384.13/- (PY: Rs.13,255,691/-) for the calendar year endedDecember 31, 2013making the total lossincurred as on December31, 2013 to Rs.1,79,52,075.21/-.Considering the long terminterest of the Company inthe WOS, no provisionhas been made in theaccounts for the lossincurred by the WOS.
In terms of our report attached
For KURIACHAN & NOVA For and on behalf of the Board of Directors
Chartered Accountants
Firm Regn No.006064S
(V.P. Kuriachan)
(L. Selvaraj)
(Mrs. SudhaSomasundaram)
( Mrs. Umaiyal Radhai)
PARTNER
76
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Chief Finance Officer Director
Director
Membership No.025662
DIN No.904022 DINNo.904034
[201200] Notes - Employee benefits
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
Disclosure of employee benefits explanatory [TextBlock] Textual information (15) [See below]
Textual information (15)
Disclosure of employee benefits explanatory [Text Block]
EMPLOYEE BENEFITEXPENSES
Salary & allowances (includingIncentives)
105,442,036
57,635,120
Remuneration directors 10,000,000
6,741,600
Contribution to employeesprovident fund
3,653,619
3,108,228
Contribution to employeesstate insurance
771,364
693,975
Contribution to labour welfarefund
5,040
4,494
Staff welfare expenses 1,413,611
1,666,827
Contribution to employee groupinsurance
1,354,123
1,208,854
Total 122,639,793
71,059,098
[201300] Notes - Segments
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
Disclosure of enterprise's reportable segments explanatory [TextBlock] Textual information (16) [See below]
77
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Textual information (16)
Disclosure of enterprise's reportable segments explanatory [Text Block]
Segment Reporting:[Disclosure as perAS-17]
The company?smajor operationalsegments arerevenue from sale ofairlines ticketbooking, railwayticket booking andmobile rechargecoupons .Accordingly, thedisclosure requiredto be made as perAccountingStandard ? 17regarding ?SegmentReporting? is givenbelow:
(Amount Rs. Inlakhs)
Nature ofSegments
ParticularsAirlineticketbooking
Railwayticketbooking
MobileRechargecoupon
Others Total
Segment Revenue 110,330
28,123
9,995
4,894
153,342
(73,282)
(26,266) (8,547)
(4,323)
(112,418)
Segment result 2,616
126
124
825 3,691
(1,447)
(211)
(88)
(286) (2,032)
UnallocatedExpenses
-
-
-
2,271
2,271
-
-
-
(1,357)
(1,357)
Operating Profit 2,616
126
124
(1,446)
1,420
(1,447)
(211)
(88)
(-1072) (674)
Interest Expenses -
-
-
462 462
-
-
-
(449)
(449)
78
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Income Tax -
-
-
257 257
-
-
-
(34)
(34)
Profit from operatingactivities
2,616
126
124
(2,164)
701
(1,447)
(211)
(88)
(-1553) (191)
OTHERINFORMATION
Segment Assets - - - - -
( - ) ( - ) ( - ) - ( - )
Unallocated Assets - - - 11,083 11,083
( - ) ( - ) ( - ) (8,141)
(8,141)
Total Assets - - 11,083 11,083
( - ) ( - ) ( - ) (8,141)
(8,141)
Segment Liabilities - - - - -
( - ) ( - ) ( - ) ( - ) ( - )
Unallocatedliabilities
- - - 8,811 8,811
( - ) ( - ) ( - ) (6,428)
(6,428)
Total Liabilities - - - 8,811 8,811
( - ) ( - ) ( - ) (6,428)
(6,428)
Depreciation - - - 240 240
( - ) ( - ) ( - ) (150)
(150)
Note: Figures inbrackets representsfigures pertaining tothe previous year.
79
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[201600] Notes - Related party
Disclosure of relationship and transactions between related parties [Table] ..(1)
Unless otherwise specified, all monetary values are in INRCategories of related parties [Axis] Column 1 Column 2
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Disclosure of relationship and transactionsbetween related parties [Abstract] Disclosure of relationship andtransactions between related parties [LineItems]
Name of related party GI RETAIL PRIVATELIMITED
GI RETAIL PRIVATELIMITED
ARM I SOLUTIONSPRIVATE LIMITED
ARM I SOLUTIONSPRIVATE LIMITED
Country of incorporation or residenceof related party
INDIA INDIA INDIA INDIA
CIN of related party U72900TN2009PTC072064 U72900TN2009PTC072064 U72200TN2005PTC057955 U72200TN2005PTC057955
Description of nature of related partyrelationship
Holding company Holding company Subsidiary company Subsidiary company
Description of nature of transactionswith related party
INVESTING PARTY INVESTING PARTY LEASES AS LESSOR LEASES AS LESSOR
Related party transactions [Abstract] Transfers under finance agreementsrelated party transactions [Abstract] Equity contributions made underfinance agreements related partytransactions
3,25,00,000 58,56,000
Outstanding balances for related party transactions [Abstract] Amounts payable related partytransactions
13,89,14,637 13,69,41,100 34,14,312
Amount written off during period inrespect of debts due from related parties
0 0 0 0
Amount written back during period inrespect of debts due to related parties
0 0 0 0
Description of other related party transactions which are necessary for understanding of financial statements
REFER NOTES REFER NOTES REFER NOTES
80
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of relationship and transactions between related parties [Table] ..(2)
Unless otherwise specified, all monetary values are in INRCategories of related parties [Axis] Column 3 Column 4
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Disclosure of relationship and transactions between related parties [Abstract] Disclosure of relationship and transactions between related parties [LineItems]
Name of related party GI PHILIPPINESCORPORATION
GI PHILIPPINESCORPORATION
GI TECHNOLOGYPRIVATE LIMITED
GI TECHNOLOGYPRIVATE LIMITED
Country of incorporation or residence of related party
PHILIPPINES PHILIPPINES INDIA INDIA
CIN of related party U72200TN2005PTC057560 U72200TN2005PTC057560
Description of nature of related party relationship Subsidiarycompany
Subsidiary company Fellow Subsidiary company Fellow Subsidiary company
Description of nature of transactions with related party
REFER NOTES REFER NOTES PURCHASE OF GOODS PURCHASE OF GOODS
Related party transactions [Abstract] Purchases of goods related party transactions 279,46,24,391.8 252,30,85,979
Transfers under finance agreements related party transactions [Abstract] Equity contributions made under finance agreements related party transactions
1,13,51,296
Outstanding balances for related party transactions [Abstract] Amounts payable related party transactions 9,59,47,245.09 6,40,23,104.47
Amounts receivable related party transactions 1,19,79,867.35 19,78,692
Amount written off during period in respect of debts due from related parties
0 0 0 0
Amount written back during period in respect of debts due to related parties
0 0 0 0
Description of other related party transactions which are necessary for understanding of financial statements
REFER NOTES REFER NOTES
81
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of relationship and transactions between related parties [Table] ..(3)
Unless otherwise specified, all monetary values are in INRCategories of related parties [Axis] Column 5 Column 6
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Disclosure of relationship and transactionsbetween related parties [Abstract] Disclosure of relationship andtransactions between related parties [LineItems]
Name of related party GI HOSPITALITIESPRIVATE LIMITED
GI HOSPITALITIESPRIVATE LIMITED
GI TECH GAMING COINDIA PRIVATELIMITED
GI TECH GAMING COINDIA PRIVATELIMITED
Country of incorporation or residenceof related party
INDIA INDIA INDIA INDIA
CIN of related party U55101TZ2010PTC016285 U55101TZ2010PTC016285 U72900TN2006PTC059277 U72900TN2006PTC059277
Description of nature of related partyrelationship
Fellow Subsidiary company Fellow Subsidiary company Fellow Subsidiary company Fellow Subsidiary company
Description of nature of transactionswith related party
LOAN LOAN REFER NOTES REFER NOTES
Related party transactions [Abstract] Advances given during year relatedparty transactions
5,31,57,229 3,66,61,964 4,84,93,485.51 5,65,49,600
Outstanding balances for related party transactions [Abstract] Amounts payable related partytransactions
4,79,61,969.37 2,75,88,255 9,93,26,663.91 5,61,34,158
Amount written off during period inrespect of debts due from related parties
0 0 0 0
Amount written back during period inrespect of debts due to related parties
0 0 0 0
Description of other related party transactions which are necessary for understanding of financial statements
REFER NOTES REFER NOTES
82
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of relationship and transactions between related parties [Table] ..(4)
Unless otherwise specified, all monetary values are in INRCategories of related parties [Axis] Column 7 Column 8
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Disclosure of relationship and transactions between related parties [Abstract] Disclosure of relationship and transactions between related parties [LineItems]
Name of related party UMAIYALRADHAI
UMAIYAL RADHAIS U D H ASOMASUNDARAM
S U D H ASOMASUNDARAM
Country of incorporation or residence of related party
INDIA INDIA INDIA INDIA
Permanent account number of related party AAKPU6790M AAKPU6790M BHEPS9812C BHEPS9812C
Description of nature of related party relationship Key ManagementPersonnel
Key ManagementPersonnel
Key ManagementPersonnel
Key ManagementPersonnel
Description of nature of transactions with related party
SERVICESRECEIVED
SERVICESRECEIVEDS
SERVICESRECEIVED
S E R V I C E SRECEIVED
Related party transactions [Abstract] Services received related party transactions 70,00,000 33,70,800 30,00,000 33,70,800
Transaction relating to key management personnel [Abstract] Remuneration for key managerial personnel 0 0 0 0
Outstanding balances for related party transactions [Abstract] Amounts payable related party transactions 6,50,279.9 6,27,257 56,180
Amounts receivable related party transactions 35,88,599
Amount written off during period in respect of debts due from related parties
0 0 0 0
Amount written back during period in respect of debts due to related parties
0 0 0 0
Description of other related party transactions which are necessary for understanding of financial statements
REFER NOTES REFER NOTES
83
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Disclosure of relationship and transactions between related parties [Table] ..(5)
Unless otherwise specified, all monetary values are in INRCategories of related parties [Axis] Column 9 Column 10
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Disclosure of relationship and transactions between related parties [Abstract] Disclosure of relationship and transactions between related parties [LineItems]
Name of related party SELVARAJ SELVARAJR A M UANNAMALAIRAMASAMY
R A M UANNAMALAIRAMASAMY
Country of incorporation or residence of related party
INDIA INDIA INDIA INDIA
Permanent account number of related party BYEPS1416B BYEPS1416B ACCPR4652H ACCPR4652H
Description of nature of related party relationship Key ManagementPersonnel
Key ManagementPersonnel
Relatives of Keymanagementpersonnel
Relatives of Keymanagementpersonnel
Description of nature of transactions with related party
REFER NOTES REFER NOTES REFER NOTES REFER NOTES
Related party transactions [Abstract] Advances given during year related party transactions
43,84,353
Transaction relating to key management personnel [Abstract] Remuneration for key managerial personnel 12,00,000 0
Amount written off during period in respect of debts due from related parties
0 0 0 0
Amount written back during period in respect of debts due to related parties
0 0 0 0
Description of other related party transactions which are necessary for understanding of financial statements
REFER NOTES REFER NOTES
Disclosure of relationship and transactions between related parties [Table] ..(6)
Unless otherwise specified, all monetary values are in INRCategories of related parties [Axis] Column 11 Column 12
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013
01/04/2013 to
31/03/2014
01/04/2012 to
31/03/2013 Disclosure of relationship and transactions between related parties [Abstract] Disclosure of relationship and transactions between related parties [LineItems]
Name of related party R MPALANIAPPAN
R M PALANIAPPANA R MINTERNATIONAL
A R MINTERNATIONAL
Country of incorporation or residence of related party
INDIA INDIA INDIA INDIA
Permanent account number of related party AHGPP3217R AHGPP3217R AASFA8655M AASFA8655M
Description of nature of related party relationship Relatives of Keymanagementpersonnel
Relatives of Keymanagementpersonnel
Relatives of Keymanagementpersonnel
Relatives of Keymanagementpersonnel
Description of nature of transactions with related party
REFER NOTES REFER NOTES REFER NOTES REFER NOTES
Related party transactions [Abstract] Leases as lessor related party transactions 23,64,000 21,23,364
Outstanding balances for related party transactions [Abstract] Amounts payable related party transactions 14,285
Amount written off during period in respect of debts due from related parties
0 0 0 0
Amount written back during period in respect of debts due to related parties
0 0 0 0
Description of other related party transactions which are necessary for understanding of financial statements
REFER NOTES REFER NOTES
84
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
01/04/2012 to
31/03/2013
Disclosure of notes on related party explanatory [TextBlock] Textual information (17) [See below]
Whether there are any related party transactions during year Yes Yes
Whether company is subsidiary company Yes Yes
Section under which company is subsidiary Section 4(1)(b) Section 4(1)(b)
85
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Textual information (17)
Disclosure of notes on related party explanatory [Text Block]
Related Party Disclosure:
i) Name of related parties and description of relationship:
Name of Related PartyDescriptionofRelationship
GI Retail Private Limited HoldingCompany
ARM i Solutions Private Limited
GI Philippines Corporation, Philippines
(i) GI Technology Private Limited FellowSubsid
(ii) GI Hospitality Private Limited
(iii) GI Tech Gaming Private Limited upto (31-01-2014)
(i) Umaiyal Radhai : Direct
(ii) Sudha Somasundaram : Directo
(iii)Selvaraj L : ChiefFinancOfficer
(i) Mr. Ramu Annamalai Ramsamy (spouse of Mrs. Umaiyal Radhai) Relative ofKMP
(ii) Mr. Palaniyapan R.M (spouse of Mrs. Sudha Somasundaram)
(i) ARM International (Partnership firm)
OtherRelatedParties (Entities inwhichDirectors ortheirrelativeshavesignificantinfluence)
Related Party Transactions:
86
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
Particulars HoldingCompany
SubsidiariesKeymanagperson
a) Purchase of goods - -
- - -
b) Sale of goods - -
(Nil) (Nil) (Nil) (Nil)
c) Receiving of services - - 11
(Nil) (Nil) (79.42) (Nil)
d) Lease arrangement - -
(Nil) (Nil) (Nil) (Nil)
e) Finance (including loans and equity contributions in cash or in kind) - 113.51 4
(325.00) (58.56) (Nil) (Nil)
Balances outstanding at the end of the year
Trade receivables - -
(Nil) (Nil) (Nil) (Nil)
Loans and advances 1,389.15 34.14
(1,369.41) (33.72) (Nil) (Nil)
Trade payables - -
(Nil) (Nil) (6.27) (Nil)
Note : Figures in brackets indicates figures for the previous year
87
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[300300] Notes - Earnings per share
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
01/04/2012 to
31/03/2013
Disclosure of earnings per share explanatory [TextBlock] Textual information (18) [See below]
Adjustments of numerator to calculate basic earnings per share [Abstract] Profit (loss) for period 5,34,29,592 63,53,820
Adjustments of numerator to calculate diluted earnings per share [Abstract] Profit (loss) for period 5,34,29,592 63,53,820
Textual information (18)
Disclosure of earnings per share explanatory [Text Block]
Earnings per Share:
According to Accounting Standard 20 (AS-20)issued by the Institute of CharteredAccountants of India, earning considered inascertaining basic EPS of the companycomprises the net profit after tax. The numberof shares used in computing basic EPS is theweighted average of shares outstanding as onMarch 31, 2014
Particulars Current Year
Previous Year
31.03.2014
31.03.2013
Profit attributable to the Shareholders (In Rs. ) 53,429,592
6,353,820
Basic/Weighted average number of EquityShares outstanding during the year
78,334
74,936
Nominal value of Equity Shares (Rs.) 10
10
Basic/Diluted Earning per Share (Rs.) 682
85
88
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[202800] Notes - Subsidiary information
Details of subsidiaries [Table] ..(1)
Unless otherwise specified, all monetary values are in INRSubsidiaries [Axis] column 1 Column 2
01/04/2013 to
31/03/2014
01/04/2013 to
31/03/2014 Details of subsidiaries [Abstract] Details of subsidiaries [LineItems]
Name of subsidiary ARM I SOLUTIONSPRIVATE LIMITED
GI PHILLIPPINESCORPORATION
Country of incorporation or residence of subsidiary INDIA PHILIPPINES
CIN of subsidiary company U72200TN2005PTC057955
Section under which company became subsidiary Section 4(1)(b) Section 4(1)(b)
Whether subsidiary has filed balance sheet Yes No
SRN of filing of balance sheet by subsidiary Q54646583
Reason if no filing has been made by subsidiary YET TO FILE
Whether financial year of subsidiary coincides with financial year of holding company Yes No
Financial year of subsidiary [Abstract] Start date of accounting period of subsidiary 01/04/2013 01/01/2014
End date of accounting period of subsidiary 31/03/2014 31/12/2014
Date of becoming subsidiary 08/08/2008 28/02/2012
Number of shares held of subsidiary [shares] 5,100 [shares] 1,25,714
Face value of shares of subsidiary [INR/shares] 10 [INR/shares] 100
Paid-up value of shares held of subsidiary 51,000 1,25,71,400
Percentage of shareholding in subsidiary 51 00% 100.00%
Proportion of voting power in subsidiary [pure] 0.51 [pure] 1
Key information about subsidiary [Abstract] Reporting currency of subsidiary INR PHP
Exchange rate as applicable for subsidiary NA 1.39
Share capital of subsidiary [Abstract] Equity share capital of subsidiary 1,00,000 1,25,71,400
Preference share capital of subsidiary 0 0
Share capital of subsidiary 1,00,000 1,25,71,400
Reserves and surplus of subsidiary -19,73,959 0
Total assets of subsidiary 21,43,412 43,51,724.09
Total liabilities of subsidiary 21,43,412 43,51,724.09
Investment of subsidiary 0 0
Total income of subsidiary 0 0
Profit before tax of subsidiary -1,84,888 -35,09,216.27
Provision for tax of subsidiary 0 0
Profit after tax of subsidiary -6,94,388 -35,09,216.27
Proposed dividend of subsidiary 0 0
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
Disclosure of subsidiary information explanatory [TextBlock] Whether company has subsidiary companies Yes
[202400] Notes - Investments in associates
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
Disclosure of notes on investment in associates explanatory [TextBlock] Whether company has invested in associates No
89
HERMES I TICKETS PRIVATE LIMITED Standalone Balance Sheet for period 01/04/2013 to 31/03/2014
[202500] Notes - Financial reporting of interests in joint ventures
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
Disclosure of notes on interests in joint ventures explanatory [TextBlock] Whether company has invested in joint ventures No
[202700] Notes - Cash flow statements
Unless otherwise specified, all monetary values are in INR01/04/2013
to 31/03/2014
01/04/2012 to
31/03/2013Disclosure of cash flow statement explanatory [TextBlock] Cash and cash equivalents if different from balance sheet [Abstract] Total cash and cash equivalents 6,23,61,066 6,55,83,747
Income taxes paid (refund) [Abstract] Income taxes paid (refund), classified as operating activities 2,37,37,630 18,50,058
Total income taxes paid (refund) 2,37,37,630 18,50,058