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RECKITT BENCKISER (INDIA) LIMITED

Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

[400100] Disclosure of general information about company


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

RECKITT
BENCKISER
(INDIA) LIMITED
U74999DL1951PLC127062
AABCR2655Q
227
OKHLA
INDUSTRIAL
ESTATEPHASE
III.NEW
DELHI.Delhi
Commercial
and
Industrial
27/09/2013
12
01/04/2012
31/03/2013
Standalone
Balance Sheet
INR
Lakhs
Indirect Method

Name of company
Corporate identity number
Permanent account number of entity
Address of registered office of company
Type of industry
Date of board meeting when final accounts were approved
Period covered by financial statements
Date of start of reporting period
Date of end of reporting period
Nature of report standalone consolidated
Content of report
Description of presentation currency
Level of rounding used in financial statements
Type of cash flow statement

15
01/01/2011
31/03/2012

[400400] Disclosures - Directors report


Details of directors signing board report [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Directors signing board report [Axis]

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
Last name of director
Designation of director
Director identification number of director
Date of signing board report

Director 1

Director 2

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

Gopal
Mishra
Executive Director
06418731
30/09/2013

Akhil
Chandra
Managing Director
06418791
30/09/2013

Unless otherwise specified, all monetary values are in Lakhs of INR


01/04/2012
to
31/03/2013
Disclosure in board of directors report explanatory [TextBlock]
Details regarding energy conservation
Details regarding foreign exchange earnings and outgo
Particulars of employees as per provisions of section 217
Disclosures in directors responsibility statement
Director's comments on qualification(s), reservation(s) or adverse
remark(s) of auditors as per board's report

Textual
[See below]
Textual
[See below]
Textual
[See below]
Textual
[See below]
Textual
[See below]

information

(1)

information

(2)

information

(3)

information

(4)

information

(5)

Not Applicable

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (1)


Disclosure in board of directors report explanatory [Text Block]
DIRECTORS REPORT

The Directors present the Annual Report together with the statement of accounts for the 12 Month financial year ended 31 st March 2013:
Performance
The trend of delivering consistent growth continues. The net revenue from operations of the Company for the 12 month period ended 31 st March
2013 stood at Rs.359,387.10 lakhs. The profits have increased at a good rate as compared to the previous year. The profit before tax for the year
2012-13 stood at Rs. 59,454.57 lakhs and the profit after tax was Rs.46,293.05 lakhs.

Dividend
The Directors declared an interim dividend of Rs. 10/- per equity share of Rs. 10 each by circular resolution on December 07, 2012. The same has
been paid to all the shareholders. This should be treated as final dividend and hence no final dividend is proposed.

Reserves and Provisions


After appropriation of Rs. 2,587.25 lakhs towards Interim Dividend and Rs. 419.72 lakhs for Dividend Distribution Tax, a sum of Rs. 4,629.30
lakhs was transferred to General Reserve. The balance carried forward at the end of year was Rs. 91,994.68 lakhs.

Export Performance
In the year 2012-13, the Companys F.O.B. value of exports stood at Rs. 1774.48 lakhs.

Audit Committee
The Audit Committee of the Board of Directors of the Company comprises of the following members:
Mr. Chander Mohan Sethi Chairman
Mr. Jose Joaquin Camero Gonzalez - Member
Mr. Parag Agarwal Member
2

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Director Retiring by Rotation


Mr. Jose Camero Gonzalez, Director, retire by rotation and being eligible, offers himself for reappointment at the ensuing Annual General
Meeting.

Subsidiary Company
Particulars of M/s. Reckitt Piramal Private Limited, a subsidiary of the Company as required under Section 212 of the Companies Act, 1956 are
attached and form part of this report.

Details of Energy Conservation, Technology & Foreign Exchange


Details of conservation of energy, technology absorption, foreign exchange earnings and outgo as required to be made pursuant to clause (e) of
sub-section (1) of Section 217 of the Companies Act, 1956 read with the Companies (Disclosure of Particulars in the Report of Board of
Directors) Rules, 1988 are given as an annexure to this Report.

Particulars of Employees
Information in accordance with Sub-Section (2A) of Section 217 of the Companies Act, 1956 read with the Companies (Particulars of Employees)
Rules, 1975 for the year ended 31 st March 2013, forms part of this report and is given in the annexure.

Statutory Auditors
M/s. Price Waterhouse, Firm Registration No. 012754N, Auditors of the Company, retire at the ensuing Annual General Meeting in accordance
with the provisions of the Companies Act, 1956 and being eligible, have indicated their willingness to continue in office and are recommended as
the auditors of the Company for the financial year 2013-14.

Cost Auditors
Your Company had appointed Vijender Sharma & Co., Cost Accountants, New Delhi as Cost Auditor with the approval of the Central
Government for audit of Cost records for the financial year ended March 31, 2012
The due date for filing the Cost Audit Reports in XBRL mode for the financial year ended March 31, 2012 was February 28, 2013 and the Cost
Audit Report was filed by the Cost Auditor on January 31, 2013.
In respect of financial year ended March 31, 2013, your Company, with the approval of the Central Government, has appointed Vijender Sharma
& Co., Cost Accountants, New Delhi as Cost Auditor for cost audit of cost records as applicable to the Company. The due date for filing the Cost
Audit Report for the financial year ended March 31, 2013 was September 27, 2013.
3

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Directors Responsibility Statement


Pursuant to provisions of sub-section (2AA) of Section 217 of the Companies Act, 1956, your Directors confirm that:
i)
In the preparation of the Annual Accounts, the applicable accounting standards have been followed and wherever required, proper
explanations relating to material departures have been given.
ii)
They have selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable
and prudent so as to give a true and fair view of the state of affairs of the Company at the end of the financial year and of the profit or loss of the
Company for that period.
iii)
They have taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of
the Act for safeguarding the assets of the Company and for preventing and detecting fraud and other irregularities.
iv)

They have prepared the accounts on a going concern basis.

Acknowledgements
Your Directors would like to express their appreciation for assistance and co-operation received from the financial institutions, banks,
Government authorities, customers, suppliers and members during the year under review.
Your Directors also wish to place on record their deep sense of appreciation for the committed services by the employees of the Company.

On behalf of the Board

Sd/Akhil Chandra
Managing Director
Registered Office:
227, Okhla Industrial Estate,
Phase III, Okhla,

Sd/Gopal Mishra
Executive Director

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

New Delhi 110 020.


Dated: 30 th September 2013
Place: Gurgaon
ANNEXURE TO DIRECTORS REPORT

Report on Conservation of Energy, Technology Absorption, Foreign Exchange Earnings and Outgo [Section 217(1))(e) of the Companies
Act, 1956]
A.

CONSERVATION OF ENERGY

(a) Energy Conservation measures taken: There has been a reduction in the consumption of energy due to optimising the utilization of the
equipments. The Bio Mass Boiler, VFD Panel and other equipments leads to better utilization of resources and energy conservation thereon.
(b) Impact of the above measures: There has been a substantial decrease in consumption of Furnace Oil. Moreover, energy conservation
measures is an on-going process, which is undertaken in all the units.
(c)

Total Energy Consumption and energy consumption per unit of production is as under:

S.No.

Particulars

1 st April 2012 to 31 st March 2013

1 st January 2011 to 31 st March 2012

Power and Fuel Consumption

Electricity:

Purchased :

Unit (Lakhs)

183

188.65

Total Amount (Rs./Lakhs)

819

804.23

Rate/Unit (Rs)

4.48

4.26

Own Generation

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Through Diesel Generator :

Units (Lakhs)

26.30

32.27

3.3

3.32

13.3

12.44

19

5.71

1.65

40.9

28.92

Quantity (Kiloliters)

72

Total amount (Rs.Lakhs)

34

Average Rate (Rs/Litre)

47

10,012

12,007

504

641

Units per litre of Diesel Oil

Cost/Unit (Rs.)

Furnace Oil:

Quantity (Kiloliters)

Total amount (Rs.Lakhs)

Average Rate (Rs/Litre)

LDO :

BRIQUETTES

Quantity (Tonnes)

Total Cost (Rs. Lakhs)

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Average Rate (Rs./ Kg)

5.0

5.34

Consumption per unit of production

S.No.

Particulars

1 st April 2012 to 31 st March 2013

Electricity (Units)

Drugs

894

857.32

Pharmaceuticals

121

148.06

Insecticides

289

28

Robin Powder

1 st January 2011 to 31 st March 2012

Furnace Oil (Litres)

Drugs

350.00

Pharmaceuticals

Insecticides

0.6

Others-LDO ( Litres/MT)

3.2

BRIQUETTES (Kg/MT)

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Drugs

887

Pharmaceuticals

Insecticides

405

B. TECHNOLOGY ABSORPTION:
a.
1.

Research and Development (R&D)


Specific areas in which R&D was carried out by the Company:

The technology developed by the global category R &D is being transferred to companys Scientific Services group and will be modified
according Indian consumer needs.

2.

Benefits derived as a result of the above R&D initiatives:

a)

Product innovation and new product launches

b)

Cost optimization using local raw materials

c)

Better claims

d)

Formula optimization to suit Indian conditions, consumer habits and aspiration.

e)

Productivity Improvement

3.

Future plan of action:

The Global R&D would continue to share knowledge and its benefits would be available on continuous basis confirming to the best of the
international standards. Some of the initiatives would be:
a)

To enhance the process efficiency

b)

To introduce new products and improve packaging

c)

Process improvement in the manufacturing facility with improved technologies.

d)

Replacement of raw material for improved safety of consumers and the environment.

905.75

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

e)

Replacement of ingredients by safe ingredients as per the WHO guidelines.

f)

Development of formulae and products for meeting the specific needs of the developing markets.

g)

Improved product designs for reducing carbon emissions.

h)

Consumer friendly delivery mechanism with better technology.

4. Expenditure on R&D:
Capital

: Rs 48.24 Lakhs

Recurring : Rs 1038.81 Lakhs


Total

: Rs. 1087.05

Total R & D Expenditure 0.30 % approx as percentage of turnover


b.
1.

Technology absorption, adaptation and innovation:


Efforts in brief, made towards technology absorption, adaptation and innovation:

The efforts have been made to reduce the carbon emission through process changes. Many global products are made locally using the global
technology. Local raw materials and packaging have been developed to meet the same standards in terms of quality, safety and performance.
2.

Benefits derived as a result of the above:

As a result of the above efforts, there has been new product launches and improvement in product and packaging quality as well as productivity.
3.

Details of imported technology:

a)

Dettol Kitchen gel which was developed by global category team and has been implemented in India.

b)

Veet depilatory product where global formulation has been implemented.

c)

Finish dish washing formula.

C. FOREIGN EXCHANGE EARNINGS AND OUTGO


The foreign exchange earnings of the Company amounted to Rs. 6824.29 Lakhs during the period under review, whereas, the outgo was Rs.
33,370.98 Lakhs mainly on account of raw and Packing Materials, Royalty, travelling expenses.

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

ANNEXURE TO DIRECTORS REPORT


Statement of particulars of employees under Section 217 (2A) forming part of the Directors Report

Employed throughout the year and in receipt of remuneration aggregating Rs. 60,00,000/- or more per annum.

S.No.

NAME

Chander Mohan
Sethi

Bertrand
2 Alexandre
Delagneau

Grant Drew
Allen

Age

64

Designation

Regional SVP, South East


Asia

38 Marketing Director, India

51

Mfg Director-DVM
Healthcare

Total
Total
Qualification
Remuneration
Experience

127985240 MBA

Date of
Joining

Previous Employment

41 16-Nov-84

Branch Manager,
SmithKline Beecham

Marketing Director,
Reckitt Benckiser, Japan

38215409

15

4-Oct-11

27710383

27 1-Nov-11 -

IS Director Business
Intelligence, RB USA

4 Deepak Solanki

48 Regional IS Director, SEA

25206451 B.E

21 22-Jun-10

Suvamoy Roy
Choudhury

50 Regional HR Director, SEA

22088157 M.A - PM & IR

24

2-Jan-07 GM HR , Baxter (I) Ltd.

21980757 B.Tech

21

VP Manufacturing,
1-Jan-12 Hindustan Unilever
Limited

Regiona Supply Director,


SEA

6 Pankaj Gupta

43

7 Pankaj Agarwal

42 Sales Director, India

17108104 MBA

20

Head - Trade Marketing,


1-Sep-09 Reckitt Benckiser South
Africa

8 Gopal Mishra

42 Finance Director, India

16227779 MBA

18

2-Apr-12

GM, Foods Business ,


Hindustan Unilever Ltd

9 Sudhir Dhawan

62 R&D Director, Pest Control

15087031 B.Sc

39

1-Apr-07

Chief Execuitve, Arvind


Mills Ltd.

15 23-Mar-12

HR Head, Sales,
Hindustan Unilever Ltd

13 12-Apr-11

Reckitt Benckiser, various


titles

10

Anish Anand
Singh

39 HR Director, India

13360701 MBA

11

Angus John
Colquhoun

36 Programme Manager

12185961

Parjit Singh

BE Hons.
(engineering)

Site Engineering Mgr. RB


10

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

12 Lally

42 Programme Manager Eng

11181576 Msc.

12

5-Jan-11 Fort Worth US

13

Rajesh Kumar
Jha

44

Regional Legal Director,


SEA

8747892 LL.B

14 24-May-07

14

Radha Mohan
Gupta

43

Head - Procurement - South


Asia

8239588 B.Tech, PGDM

Resource Planning
18 31-Dec-04 Manager, Tropicana
Bevereages Co

8181073 MBA

13 12-Mar-12

Head of Modern Trade,


Marico

7669663 MBA

17 30-Sep-09

Vice President, India


Media Exchange (IMX)

7181313 BSc.,CA

21

Head Taxation, Fortis


Healthcare

7085623 Msc.

GM risk mgmt. &


18 26-Aug-11 compliance, GSK
consumer Healthcare Ltd.

7008161 CA

18

15 Ashish Parikh

36 Head of Modern Trade

16 Archna Vyas

41

17

Yogesh Kumar
Batra

Regional Media Manager,


SEA

41 Tax Head

Regional Head of Quality,


SEA

18 Nitin Shetty

43

19 Ajay Thukral

43 Supply Controller

20

Malgorzata
Burzynska

31

Supply Manager-Personal
Care

6960923

21 Nitish Bajaj

41 Marketing Manager

22 Neeraj Pant

44

23 Yogesh Tewari

37 Marketing Manager

6337897 MBA

24 Ravi Gupta

49 NPS Manager

6240351

25 Mohit Marwaha

38

26 Atul Chandra Jha

44 HR Manager-Supply

27 Kaushik Roy

Head of Regulatory &


Medical Affairs - South Asia

Business Development
Manager-SEA

38 Commercial Controller

6932224 B.Tech, MBA

6766380

M.Pharma,
MBA

B.E, PGDMM,
DIE

6222758 MBA

6191467

6147901
11

LLB, PGD
(PM&IR)

B.Com, PGDM,

1-Feb-11

Legal Counsel, Britannia


Industries Ltd.

India Group Lead


2-Jan-08 (Finance), Hewitt
Associate India Pvt. Ltd.

NPD Implementation
1-Apr-12 Manager, Reckitt
Benckiser,China

15 8-May-06

Sr. Brand Manager,


Ranbax+L47y Labs Ltd.

19

3-Dec-07

Director RA, Johnson &


Johnson Ltd.

13

Marketing Manager,
28-Jul-11 Reckitt Benckiser,
Indonesia

27 7-Aug-08

Sr. Purchasing Manager,


Gillettte India Ltd.

14 1-Aug-01

Area Sales Manager,Agro


Tech

17 17-Jan-08

Factory HR Manager,
Cadbury India Ltd.

11 15-Nov-10

Assistant Controller, India


Region,Pepsico India

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

CA

28

Pradeep
Krishnamurthi

45 Supply Director, India

Holdings Pvt. Ltd.

5943721 BE(Mechanical)

16-Feb-11

Hindustan Unilever
Limited

Employed for a part of the year and in receipt of remuneration aggregating Rs. 5,00,000/- or more per month.

S.No.

NAME

1 Sunil Behere

Emanuele
Rossetto

Age

41

Designation

Regional Supply
Finance Controller-SEA

43 R&D SSG Director SEA

3 Natarajan R

55 Supply Director India

Amit
4 Madhav
Ghugre

39

Head of Trade
Marketing

Total
Remuneration

Qualification

7491631 CA, CPA

Total
Date of
Experience Joining

17 7-May-12

Previous Employment

Supply Finance Manager,


Reckitt Benckiser, Indonesia

19

R&D Category Director


1-Jun-12 (Dishwash) Reckitt Benckiser,
Germany

18

1-Jan-12

Sr.Vice President, SSL TTK


Ltd.

7492052 M.Tech, MBA

13

8-Jun-12

Trade Marketing Manager,


Procter & Gamble, Singapore

6060747 B.Sc

32 16-Mar-94

Assistant Manager, William


Sons. India Ltd.

25

1-Feb-10

General Manager
Commercial Finance,GSK

Marketing Director, Reckitt


Benckiser, Ireland

22192487 MBA

9764212

B.Tech
(Mechanical),PGDM

Prahlad
Mishra

58 Regional Manager

Parag
Agarwal

46

Regional Finance
Director SEA

18222528

Amaan
Abdul Khan

40

Category
Director-PH(Germ&PC)

16816157 MBA

16

1-Jul-12

Akhil
Chandra

49 General Manager, India

36332920 MBA

25

Vice President & General


8-Oct-12 Manager, Asia, Glaxo
Smithkline

CA & Company
Secretary

12

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (2)


Details regarding energy conservation
A. CONSERVATION OF ENERGY (a) Energy Conservation measures taken: There has been a reduction in the consumption of energy due to
optimising the utilization of the equipments. The Bio Mass Boiler, VFD Panel and other equipments leads to better utilization of resources and
energy conservation thereon. (b) Impact of the above measures: There has been a substantial decrease in consumption of Furnace Oil. Moreover,
energy conservation measures is an on-going process, which is undertaken in all the units. (c) Total Energy Consumption and energy consumption
per unit of production is as under: S.No. Particulars 1st April 2012 to 31st March 2013 1st January 2011 to 31st March 2012 1 Power and Fuel
Consumption Electricity: Purchased : Unit (Lakhs) 183 188.65 Total Amount (Rs./Lakhs) 819 804.23 Rate/Unit (Rs) 4.48 4.26 Own Generation
Through Diesel Generator : Units (Lakhs) 26.30 32.27 Units per litre of Diesel Oil 3.3 3.32 Cost/Unit (Rs.) 13.3 12.44 2 Furnace Oil: Quantity
(Kiloliters) 19 5.71 Total amount (Rs.Lakhs) 8 1.65 Average Rate (Rs/Litre) 40.9 28.92 3 LDO : Quantity (Kiloliters) 72 - Total amount
(Rs.Lakhs) 34 - Average Rate (Rs/Litre) 47 - 3 BRIQUETTES Quantity (Tonnes) 10,012 12,007 Total Cost (Rs. Lakhs) 504 641 Average Rate
(Rs./ Kg) 5.0 5.34 Consumption per unit of production S.No. Particulars 1st April 2012 to 31st March 2013 1st January 2011 to 31st March 2012
1 Electricity (Units) Drugs 894 857.32 Pharmaceuticals 121 148.06 Insecticides 289 - Robin Powder 28 - 2 Furnace Oil (Litres) Drugs - 350.00
Pharmaceuticals - - Insecticides 0.6 - Others-LDO ( Litres/MT) 3.2 3 BRIQUETTES (Kg/MT) Drugs 887 905.75 Pharmaceuticals - - Insecticides
405 -

Textual information (3)


Details regarding foreign exchange earnings and outgo
FOREIGN EXCHANGE EARNINGS AND OUTGO The foreign exchange earnings of the Company amounted to Rs. 6824.29 Lakhs during the
period under review, whereas, the outgo was Rs. 33,370.98 Lakhs mainly on account of raw and Packing Materials, Royalty, travelling expenses.

13

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (4)


Particulars of employees as per provisions of section 217
Statement of particulars of employees under Section 217 (2A) forming part of the Directors Report Employed throughout the year and in receipt
of remuneration aggregating Rs. 60,00,000/- or more per annum. S.No. NAME Age Designation Total Remuneration Qualification Total
Experience Date of Joining Previous Employment 1 Chander Mohan Sethi 64 Regional SVP, South East Asia 127985240 MBA 41 16-Nov-84
Branch Manager, SmithKline Beecham 2 Bertrand Alexandre Delagneau 38 Marketing Director, India 38215409 - 15 4-Oct-11 Marketing
Director, Reckitt Benckiser, Japan 3 Grant Drew Allen 51 Mfg Director-DVM Healthcare 27710383 - 27 1-Nov-11 - 4 Deepak Solanki 48
Regional IS Director, SEA 25206451 B.E 21 22-Jun-10 IS Director Business Intelligence, RB USA 5 Suvamoy Roy Choudhury 50 Regional HR
Director, SEA 22088157 M.A - PM & IR 24 2-Jan-07 GM HR , Baxter (I) Ltd. 6 Pankaj Gupta 43 Regiona Supply Director, SEA 21980757
B.Tech 21 1-Jan-12 VP Manufacturing, Hindustan Unilever Limited 7 Pankaj Agarwal 42 Sales Director, India 17108104 MBA 20 1-Sep-09
Head - Trade Marketing, Reckitt Benckiser South Africa 8 Gopal Mishra 42 Finance Director, India 16227779 MBA 18 2-Apr-12 GM, Foods
Business , Hindustan Unilever Ltd 9 Sudhir Dhawan 62 R&D Director, Pest Control 15087031 B.Sc 39 1-Apr-07 Chief Execuitve, Arvind Mills
Ltd. 10 Anish Anand Singh 39 HR Director, India 13360701 MBA 15 23-Mar-12 HR Head, Sales, Hindustan Unilever Ltd 11 Angus John
Colquhoun 36 Programme Manager 12185961 BE Hons. (engineering) 13 12-Apr-11 Reckitt Benckiser, various titles 12 Parjit Singh Lally 42
Programme Manager Eng 11181576 Msc. 12 5-Jan-11 Site Engineering Mgr. RB Fort Worth US 13 Rajesh Kumar Jha 44 Regional Legal
Director, SEA 8747892 LL.B 14 24-May-07 Legal Counsel, Britannia Industries Ltd. 14 Radha Mohan Gupta 43 Head - Procurement - South
Asia 8239588 B.Tech, PGDM 18 31-Dec-04 Resource Planning Manager, Tropicana Bevereages Co 15 Ashish Parikh 36 Head of Modern Trade
8181073 MBA 13 12-Mar-12 Head of Modern Trade, Marico 16 Archna Vyas 41 Regional Media Manager, SEA 7669663 MBA 17 30-Sep-09
Vice President, India Media Exchange (IMX) 17 Yogesh Kumar Batra 41 Tax Head 7181313 BSc.,CA 21 1-Feb-11 Head Taxation, Fortis
Healthcare 18 Nitin Shetty 43 Regional Head of Quality, SEA 7085623 Msc. 18 26-Aug-11 GM risk mgmt. & compliance, GSK consumer
Healthcare Ltd. 19 Ajay Thukral 43 Supply Controller 7008161 CA 18 2-Jan-08 India Group Lead (Finance), Hewitt Associate India Pvt. Ltd. 20
Malgorzata Burzynska 31 Supply Manager-Personal Care 6960923 - - 1-Apr-12 NPD Implementation Manager, Reckitt Benckiser,China 21
Nitish Bajaj 41 Marketing Manager 6932224 B.Tech, MBA 15 8-May-06 Sr. Brand Manager, Ranbax+L47y Labs Ltd. 22 Neeraj Pant 44 Head of
Regulatory & Medical Affairs - South Asia 6766380 M.Pharma, MBA 19 3-Dec-07 Director RA, Johnson & Johnson Ltd. 23 Yogesh Tewari 37
Marketing Manager 6337897 MBA 13 28-Jul-11 Marketing Manager, Reckitt Benckiser, Indonesia 24 Ravi Gupta 49 NPS Manager 6240351
B.E, PGDMM, DIE 27 7-Aug-08 Sr. Purchasing Manager, Gillettte India Ltd. 25 Mohit Marwaha 38 Business Development Manager-SEA
6222758 MBA 14 1-Aug-01 Area Sales Manager,Agro Tech 26 Atul Chandra Jha 44 HR Manager-Supply 6191467 LLB, PGD (PM&IR) 17
17-Jan-08 Factory HR Manager, Cadbury India Ltd. 27 Kaushik Roy 38 Commercial Controller 6147901 B.Com, PGDM, CA 11 15-Nov-10
Assistant Controller, India Region,Pepsico India Holdings Pvt. Ltd. 28 Pradeep Krishnamurthi 45 Supply Director, India 5943721
BE(Mechanical) - 16-Feb-11 Hindustan Unilever Limited Employed for a part of the year and in receipt of remuneration aggregating Rs.
5,00,000/- or more per month. S.No. NAME Age Designation Total Remuneration Qualification Total Experience Date of Joining Previous
Employment 1 Sunil Behere 41 Regional Supply Finance Controller-SEA 7491631 CA, CPA 17 7-May-12 Supply Finance Manager, Reckitt
Benckiser, Indonesia 2 Emanuele Rossetto 43 R&D SSG Director SEA 22192487 MBA 19 1-Jun-12 R&D Category Director (Dishwash) Reckitt
Benckiser, Germany 3 Natarajan R 55 Supply Director India 9764212 B.Tech (Mechanical),PGDM 18 1-Jan-12 Sr.Vice President, SSL TTK Ltd.
4 Amit Madhav Ghugre 39 Head of Trade Marketing 7492052 M.Tech, MBA 13 8-Jun-12 Trade Marketing Manager, Procter & Gamble,
Singapore 5 Prahlad Mishra 58 Regional Manager 6060747 B.Sc 32 16-Mar-94 Assistant Manager, William Sons. India Ltd. 6 Parag Agarwal 46
Regional Finance Director SEA 18222528 CA & Company Secretary 25 1-Feb-10 General Manager ?? Commercial Finance,GSK 7 Amaan
Abdul Khan 40 Category Director-PH(Germ&PC) 16816157 MBA 16 1-Jul-12 Marketing Director, Reckitt Benckiser, Ireland 8 Akhil Chandra
49 General Manager, India 36332920 MBA 25 8-Oct-12 Vice President & General Manager, Asia, Glaxo Smithkline

Textual information (5)


Disclosures in directors responsibility statement
Directors Responsibility Statement Pursuant to provisions of sub-section (2AA) of Section 217 of the Companies Act, 1956, your Directors
confirm that: i) In the preparation of the Annual Accounts, the applicable accounting standards have been followed and wherever required, proper
explanations relating to material departures have been given. ii) They have selected such accounting policies and applied them consistently and
made judgments and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company at the end
of the financial year and of the profit or loss of the Company for that period. iii) They have taken proper and sufficient care for the maintenance of
adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and
detecting fraud and other irregularities. iv) They have prepared the accounts on a going concern basis.

14

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

[400200] Disclosures - Auditors report


Details regarding auditors [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Auditors [Axis]

Auditor 1

01/04/2012
to
31/03/2013
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor
Name of audit firm
Name of auditor signing report
Firms registration number of audit firm
Membership number of auditor

Auditors firm
Price WaterHouse
Gupta Charan Sewak
012754N
093044
Price Waterhouse,
Building 8, 7Th &
8th floor Tower B,
DLF Cyber city,
Gurgaon, Haryana,
122002
AAFFP3698A
S14568414
30/09/2013
30/09/2013

Address of auditors

Permanent account number of auditor or auditor's firm


SRN of form 23B
Date of signing audit report by auditors
Date of signing of balance sheet by auditors

15

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

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 Lakhs of INR


Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis]

Auditor's
Auditor's
favourable remark
unfavourable
[Member]
remark [Member]

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

Clause not
applicable
[Member]

01/04/2012
to
31/03/2013

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]
Textual information
(6) [See below]
(a) The Company is
maintaining proper
records showing full
particulars, including
quantitative details
and situation, of
fixed assets.
Textual information
(7) [See below]
In our opinion, and
according to the
information
and
explanations given to
us, a substantial part
of fixed assets has
not been disposed off
by the Company
during the year.
Textual information
(8) [See below]
The inventory has
been
physically
verified by the
Management during
the year. In our
opinion,
the
frequency
of
verification
is
reasonable.
(b) In our opinion,
the procedures of
physical verification
of
inventory
followed by the
Management
are
reasonable
and
adequate in relation
to the size of the
Company and the
nature
of
its
business.
Textual information
(9) [See below]

Disclosure in auditors report relating to fixed assets

Disclosure relating to quantitative details of fixed assets

Disclosure relating to physical verification and material


discrepancies of fixed assets

Disclosure relating to fixed assets disposed off

Disclosure in auditors report relating to inventories

Disclosure of physical verification of inventories at fixed


intervals

Disclosure of procedure followed for physical verification of


inventories

Disclosure about maintenance of inventory records and material


discrepancies

Textual information
(10) [See below]

Disclosure in auditors report relating to loans


Textual information
(11) [See below]
Textual information
(12) [See below]

Disclosure in auditors report relating to internal control system


Disclosure in auditors report relating to contracts and
arrangements under section 301 of companies act
Disclosure relating to presence of register for necessary
transactions

Textual information
(13) [See below]
Textual information
(14) [See below]
The Company has
not accepted any
deposits from the
public within the
meaning of Sections
58A and 58AA of
the Act and the rules
framed there under.

Disclosure relating to reasonability of transactions

Disclosure in auditors report relating to deposits accepted from


public

16

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013
vii. In our opinion,
the Company has an
internal audit system
commensurate with
its size and the
nature
of
its
business.
Textual information
(15) [See below]

Disclosure in auditors report relating to companies internal audit


system

Disclosure in auditors report relating to maintenance of cost


records

Textual information
(16) [See below]

Disclosure in auditors report relating to statutory dues


Textual information
(17) [See below]

Disclosure in auditors report relating to accumulated losses


Disclosure in auditors report relating to default in repayment of
financial dues
Disclosure in auditors report relating to loans and
advances granted by way of pledge of shares debentures and
other securities
Disclosure in auditors report relating to provisions under special
statute
Disclosure in auditors report relating to adequacy of records
maintained by share trading companies

Textual information
(18) [See below]
Textual information
(19) [See below]
Textual information
(20) [See below]
Textual information
(21) [See below]
Textual information
(22) [See below]
The Company has
not raised any term
loans. Accordingly,
the provisions of
Clause 4(xvi) of the
Order
are
not
applicable to the
Company.

Disclosure in auditors report relating to guarantee given

Disclosure in auditors report relating to term loans used


for purpose other than for purpose they were raised

Disclosure in auditors report relating to nature and


amount of fund raised for short-term has been used for
long-term or vice versa
Disclosure in auditors report relating to preferential allotment
of shares
Disclosure in auditors report relating to securities created
against debentures issued

Textual information
(23) [See below]
Textual information
(24) [See below]
Textual information
(25) [See below]
The Company has
not raised any money
by public issues
during the year.
Accordingly,
the
provisions of Clause
4(xx) of the Order
are not applicable to
the Company.

Disclosure in auditors report relating to purpose and end use


of money raised through public issues

Disclosure in auditors report relating to any material fraud


reported during period

Textual information
(26) [See below]

Unless otherwise specified, all monetary values are in Lakhs of INR


01/04/2012
to
31/03/2013
Textual
information
[See below]
Yes

Disclosure in auditors report explanatory [TextBlock]


Whether companies auditors report order is applicable on company
Whether auditors' report has been qualified or has any reservations or
contains adverse remarks

(27)

No

Textual information (6)


Disclosure in auditors report relating to fixed assets
i. (a) The Company is maintaining proper records showing full particulars, including quantitative details and situation, of fixed assets. (b) The
fixed assets are physically verified by the Management according to a phased programme designed to cover all the items over a period of two
years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the programme, a
portion of the fixed assets has been physically verified by the Management during the year and no material discrepancies have been noticed on
such verification. (c) In our opinion, and according to the information and explanations given to us, a substantial part of fixed assets has not been
disposed off by the Company during the year.

17

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (7)


Disclosure relating to physical verification and material discrepancies of fixed assets
(b) The fixed assets are physically verified by the Management according to a phased programme designed to cover all the items over a period of
two years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the programme, a
portion of the fixed assets has been physically verified by the Management during the year and no material discrepancies have been noticed on
such verification.

Textual information (8)


Disclosure in auditors report relating to inventories
ii. (a) The inventory has been physically verified by the Management during the year. In our opinion, the frequency of verification is reasonable.
(b) In our opinion, the procedures of physical verification of inventory followed by the Management are reasonable and adequate in relation to the
size of the Company and the nature of its business. (c) On the basis of our examination of the inventory records, in our opinion, the Company is
maintaining proper records of inventory. The discrepancies noticed on physical verification of inventory as compared to book records were not
material.

Textual information (9)


Disclosure about maintenance of inventory records and material discrepancies
(c) On the basis of our examination of the inventory records, in our opinion, the Company is maintaining proper records of inventory. The
discrepancies noticed on physical verification of inventory as compared to book records were not material.

Textual information (10)


Disclosure in auditors report relating to loans
The Company has not granted/taken any loans, secured or unsecured, to companies, firms or other parties covered in the register maintained under
Section 301 of the Act. Therefore, the provisions of Clause 4(iii)[(b),(c), (d), (f) and (g)] of the said Order are not applicable to the Company.

Textual information (11)


Disclosure in auditors report relating to internal control system
In our opinion, and according to the information and explanations given to us, there is an adequate internal control system commensurate with the
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. Further,
on the basis of our examination of the books and records of the Company, and according to the information and explanations given to us, we have
neither come across, nor have been informed of, any continuing failure to correct major weaknesses in the aforesaid internal control system.

Textual information (12)


Disclosure in auditors report relating to contracts and arrangements under section 301 of companies act
According to the information and explanations given to us, we are of the opinion that the particulars of all contracts or arrangements that need to
be entered into the register maintained under section 301 of the Companies Act, 1956 have been so entered.

Textual information (13)


Disclosure relating to presence of register for necessary transactions
In our opinion, and according to the information and explanations given to us, the transactions made in pursuance of such contracts or
arrangements and exceeding the value of Rupees Five Lakhs in respect of any party during the year have been made at prices which are
reasonable having regard to the prevailing market prices at the relevant time.

18

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (14)


Disclosure relating to reasonability of transactions
In our opinion, and according to the information and explanations given to us, the transactions made in pursuance of such contracts or
arrangements and exceeding the value of Rupees Five Lakhs in respect of any party during the year have been made at prices which are
reasonable having regard to the prevailing market prices at the relevant time.

Textual information (15)


Disclosure in auditors report relating to maintenance of cost records
viii. We have broadly reviewed the books of account maintained by the Company in respect of products where, pursuant to the rules made by the
Central Government of India, the maintenance of cost records has been prescribed under clause (d) of sub-section (1) of Section 209 of the Act,
and are of the opinion that, prima facie, the prescribed accounts and records have been made and maintained. We have not, however, made a
detailed examination of the records with a view to determine whether they are accurate or complete.

Textual information (16)


Disclosure in auditors report relating to statutory dues
(a) According to the information and explanations given to us and the records of the Company examined by us, in our opinion, the Company is
regular in depositing the undisputed statutory dues, including provident fund, investor education and protection fund, employees? state insurance,
income tax, sales tax, wealth tax, service tax, customs duty, excise duty and other material statutory dues, as applicable, with the appropriate
authorities (b) According to the information and explanations given to us and the records of the Company examined by us, the particulars of dues
of income tax, sales tax, service tax, customs duty and excise duty as at March 31, 2013 which have not been deposited on account of a dispute,
are given in Note 28 to the financial statements. 28. The particulars of dues (net of deposited under protest) of sales-tax, entry tax, customs duty
and excise duty as at March 31, 2013 which have not been deposited on account of a dispute, are as follows Name of the Statute Nature of Dues
Amount Period to which the amount relates Forum where the dispute is pending (Rs. In lakhs) Supreme Court High Court Settlement
Commission Tribunal Comm. Appeals Comm. Assistant Comm. Central Excise Act and Customs Act Excise Duty Matters 7.10 1992-93 - - - 7.10 - - 104.86 1995-96 - - - 104.86 - - - 24.94 1995-96 - - - - 24.94 - - 14.35 1995-96 - - - - 14.35 - - 8.47 1995-98 - - - 8.47 - - - 174.04 1997-98 - - 174.04 - - - 442.80 1997-00 - - - 442.80 - - - 167.87 2000-02 167.87 - - - - - - 108.43 1986-92 - - - - 108.43 - - Service Tax Matters 3,152.95
2006-10 - - 3,152.95 - - - 4,205.80 167.87 0.00 0.00 3,883.12 154.82 0.00 0.00 Sales Tax Act Local Sales Tax/Central Sales Tax/Entry Tax
Matters 101.70 1984-1985 - - 101.70 - - - - 8.89 1990-1991 - 8.89 - - - - - 5.67 1991-1992 - 5.67 - - - - - 12.98 1992-1993 - 12.98 - - - - - 14.44
1994-1995 - 14.44 - - - - - 13.33 1998-1999 - - - 13.33 - - - 4.54 1999-2000 - - - 2.80 - - 1.74 15.35 2000-2001 - 6.84 - 8.51 - - - 16.88 2001-2002 8.65 - 3.36 - - 4.87 21.52 2002-2003 - 17.03 - - - - 4.49 36.62 2003-2004 - 5.02 - 12.88 - - 18.72 17.42 2004-2005 - 6.54 - - - - 10.88 30.30
2005-2006 - - - - - 17.45 12.85 15.04 2006-2007 - - - - - - 15.04 22.46 2008-2009 - - - - - - 22.46 3.41 2010-2011 - 3.41 - - - - - 89.55 2011-2012 89.55 - - - - - 84.78 2012-2013 - 84.78 - - - - - Value Added Tax Matters 19.45 2005-2006 - - - - 19.45 - - 162.22 2006-2007 - - - - 111.74 50.48 493.60 2007-2008 - - - - 119.29 374.31 - 208.30 2008-2009 - - - 70.62 24.09 113.59 - 110.76 2009-2010 - - - - 110.76 - - 20.76 2010-2011 - 20.76 - - 1,529.97 263.80 101.70 111.50 406.09 555.83 91.05 Income Tax Act Income Tax Matters 1,091.48 2009-10 - - - - 1,091.48 - - 1,091.48
- - - - 1,091.48 - -

Textual information (17)


Disclosure in auditors report relating to accumulated losses
The Company has no accumulated losses as at the end of the financial year and it has not incurred any cash losses in the financial year ended on
that date or in the immediately preceding financial period.

Textual information (18)


Disclosure in auditors report relating to default in repayment of financial dues
As the Company does not have any borrowings from any financial institution or bank nor has it issued any debentures as at the balance sheet date,
the provisions of Clause 4(xi) of the Order are not applicable to the Company.

19

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (19)


Disclosure in auditors report relating to loans and advances granted by way of pledge of shares debentures and other
securities
The Company has not granted any loans and advances on the basis of security by way of pledge of shares, debentures and other securities.
Therefore, the provisions of Clause 4(xii) of the Order are not applicable to the Company.

Textual information (20)


Disclosure in auditors report relating to provisions under special statute
As the provisions of any special statute applicable to chit fund/ nidhi/ mutual benefit fund/ societies are not applicable to the Company, the
provisions of Clause 4(xiii) of the Order are not applicable to the Company.

Textual information (21)


Disclosure in auditors report relating to adequacy of records maintained by share trading companies
In our opinion, the Company is not dealing in or trading in shares, securities, debentures and other investments. Accordingly, the provisions of
Clause 4(xiv) of the Order are not applicable to the Company.

Textual information (22)


Disclosure in auditors report relating to guarantee given
In our opinion, and 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 during the year. Accordingly, the provisions of Clause 4(xv) of the Order are not applicable to the Company.

Textual information (23)


Disclosure in auditors report relating to nature and amount of fund raised for short-term has been used for long-term
or vice versa
According to the information and explanations given to us and on an overall examination of the balance sheet of the company, we report that the
no funds raised on short-term basis have been used for long-term investment

Textual information (24)


Disclosure in auditors report relating to preferential allotment of shares
The Company has not made any preferential allotment of shares to parties and companies covered in the register maintained under Section 301 of
the Act during the year. Accordingly, the provisions of Clause 4(xviii) of the Order are not applicable to the Company.

Textual information (25)


Disclosure in auditors report relating to securities created against debentures issued
The Company has not issued any debentures during the year and does not have any debentures outstanding as at the beginning of the year and at
the year end. Accordingly, the provisions of Clause 4(xix) of the Order are not applicable to the Company.

20

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (26)


Disclosure in auditors report relating to any material fraud reported during period
During the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted auditing
practices in India, and according to the information and explanations given to us, other than matter relating to excess/irregular freight amounts
paid to/claimed by certain transporters and for which management is taking actions including charge in the statement of profit and loss of Rs.1150
lacs (net of recovery/deductions of Rs 3620 lacs) as per management estimate at this stage based on an internal investigation, we have neither
come across any instance of material fraud on or by the Company, noticed or reported during the year, nor have we been informed of such case by
the Management.

21

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (27)


Disclosure in auditors report explanatory [Text Block]
INDEPENDENT AUDITORS REPORT
To the Members of Reckitt Benckiser (India) Limited
Report on the Financial Statements
1. We have audited the accompanying financial statements of Reckitt Benckiser (India) Limited (the Company), which comprise the
Balance Sheet as at March 31, 2013, and the Statement of Profit and Loss and Cash Flow Statement for the year then ended, and a
summary of significant accounting policies and other explanatory information, which we have signed under reference to this report.
Managements Responsibility for the Financial Statements
2.The Companys Management is responsible for the preparation of these financial statements that give a true and fair view of the financial
position, financial performance and cash flows of the Company in accordance with the Accounting Standards referred to in sub-section (3C) of
section 211 of the Companies Act, 1956 of India (the Act). This responsibility includes the design, implementation and maintenance of
internal control relevant 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.
Auditors Responsibility
3.Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with the
Standards on Auditing and other applicable authoritative pronouncements issued by the Institute of Chartered Accountants of India. Those
Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the
financial statements are free from material misstatement.
4. An audit involves performing procedures to obtain audit evidence, about the amounts and disclosures in the financial statements. The
procedures selected depend on the auditors judgment, including the assessment of the risks of material misstatement of the financial statements,
whether due to fraud or error. In making those risk assessments, the auditors consider internal control relevant to the Companys preparation and
fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances. An audit also includes
evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by Management, as well as
evaluating the overall presentation of the financial statements.
5. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
Opinion
6. In our opinion, and to the best of our information and according to the explanations given to us, the accompanying financial statements give
the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally
accepted in India:
(a) in the case of the Balance Sheet, of the state of affairs of the Company as at March 31, 2013;
(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.

22

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Report on Other Legal and Regulatory Requirements


7. As required by the Companies (Auditors Report) Order, 2003, as amended by the Companies (Auditors Report) (Amendment) Order,
2004, issued by the Central Government of India in terms of sub-section (4A) of section 227 of the Act (hereinafter referred to as the Order),
and on the basis of such checks of the books and records of the Company as we considered appropriate and according to the information and
explanations given to us, we give in the Annexure a statement on the matters specified in paragraphs 4 and 5 of the Order.
8.

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 our
audit;
(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 of those
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 of
account;
(d) In our opinion, the Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement dealt with by this report comply with the
Accounting Standards referred to in sub-section (3C) of section 211 of the Act;
(e) On the basis of written representations received from the directors as on March 31, 2013, and taken on record by the Board of Directors, none
of the directors is disqualified as on March 31, 2013, from being appointed as a director in terms of clause (g) of sub-section (1) of section 274 of
the Act.

For Price Waterhouse


Firm Registration Number: 012754N
Chartered Accountants
Charan S Gupta
Place: Gurgaon
Partner
Date: September 30, 2013
Membership Number: 093044

i.

(a) The Company is maintaining proper records showing full particulars, including quantitative details and situation, of fixed assets.

(b) The fixed assets are physically verified by the Management according to a phased programme designed to cover all the items over a period of
two years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the programme, a
portion of the fixed assets has been physically verified by the Management during the year and no material discrepancies have been noticed on
such verification.
(c) In our opinion, and according to the information and explanations given to us, a substantial part of fixed assets has not been disposed off by
the Company during the year.
23

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

ii. (a) The inventory has been physically verified by the Management during the year. In our opinion, the frequency of verification is
reasonable.
(b) In our opinion, the procedures of physical verification of inventory followed by the Management are reasonable and adequate in relation to
the size of the Company and the nature of its business.
(c) On the basis of our examination of the inventory records, in our opinion, the Company is maintaining proper records of inventory. The
discrepancies noticed on physical verification of inventory as compared to book records were not material.
iii.
The Company has not granted/taken any loans, secured or unsecured, to companies, firms or other parties covered in the register
maintained under Section 301 of the Act. Therefore, the provisions of Clause 4(iii)[(b),(c), (d), (f) and (g)] of the said Order are not applicable to
the Company.
iv.
In our opinion, and according to the information and explanations given to us, there is an adequate internal control system
commensurate with the 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. Further, on the basis of our examination of the books and records of the Company, and according to the information and
explanations given to us, we have neither come across, nor have been informed of, any continuing failure to correct major weaknesses in the
aforesaid internal control system.
v (a) According to the information and explanations given to us, we are of the opinion that the particulars of all contracts or arrangements that
need to be entered into the register maintained under section 301 of the Companies Act, 1956 have been so entered.
(b) In our opinion, and according to the information and explanations given to us, the transactions made in pursuance of such contracts or
arrangements and exceeding the value of Rupees Five Lakhs in respect of any party during the year have been made at prices which are
reasonable having regard to the prevailing market prices at the relevant time.
vi.
The Company has not accepted any deposits from the public within the meaning of Sections 58A and 58AA of the Act and the rules
framed there under.
1. In our opinion, the Company has an internal audit system commensurate with its size and the nature of its business.
2. We have broadly reviewed the books of account maintained by the Company in respect of products where, pursuant to the rules made by the
Central Government of India, the maintenance of cost records has been prescribed under clause (d) of sub-section (1) of Section 209 of the Act,
and are of the opinion that, prima facie , the prescribed accounts and records have been made and maintained. We have not, however, made a
detailed examination of the records with a view to determine whether they are accurate or complete.
ix. (a) According to the information and explanations given to us and the records of the Company examined by us, in our opinion, the Company
is regular in depositing the undisputed statutory dues, including provident fund, investor education and protection fund, employees state
insurance, income tax, sales tax, wealth tax, service tax, customs duty, excise duty and other material statutory dues, as applicable, with the
appropriate authorities
(b) According to the information and explanations given to us and the records of the Company examined by us, the particulars of dues of income
tax, sales tax, service tax, customs duty and excise duty as at March 31, 2013 which have not been deposited on account of a dispute, are given in
Note 28 to the financial statements.
x.
The Company has no accumulated losses as at the end of the financial year and it has not incurred any cash losses in the financial year
ended on that date or in the immediately preceding financial period.
xi.
As the Company does not have any borrowings from any financial institution or bank nor has it issued any debentures as at the balance
sheet date, the provisions of Clause 4(xi) of the Order are not applicable to the Company.
xii.
The Company has not granted any loans and advances on the basis of security by way of pledge of shares, debentures and other
securities. Therefore, the provisions of Clause 4(xii) of the Order are not applicable to the Company.
xiii.

As the provisions of any special statute applicable to chit fund/ nidhi/ mutual benefit fund/ societies are not applicable to the Company,
24

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

the provisions of Clause 4(xiii) of the Order are not applicable to the Company.
xiv.
In our opinion, the Company is not dealing in or trading in shares, securities, debentures and other investments. Accordingly, the
provisions of Clause 4(xiv) of the Order are not applicable to the Company.
xv.
In our opinion, and 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 during the year. Accordingly, the provisions of Clause 4(xv) of the Order are not applicable to the
Company.
xvi.
The Company has not raised any term loans. Accordingly, the provisions of Clause 4(xvi) of the Order are not applicable to the
Company.
xvii.
According to the information and explanations given to us and on an overall examination of the balance sheet of the company, we report
that the no funds raised on short-term basis have been used for long-term investment
xviii. The Company has not made any preferential allotment of shares to parties and companies covered in the register maintained under
Section 301 of the Act during the year. Accordingly, the provisions of Clause 4(xviii) of the Order are not applicable to the Company.
xix.
The Company has not issued any debentures during the year and does not have any debentures outstanding as at the beginning of the
year and at the year end. Accordingly, the provisions of Clause 4(xix) of the Order are not applicable to the Company.
xx.
The Company has not raised any money by public issues during the year. Accordingly, the provisions of Clause 4(xx) of the Order are
not applicable to the Company.
xxi.
During the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted
auditing practices in India, and according to the information and explanations given to us, other than matter relating to excess/irregular freight
amounts paid to/claimed by certain transporters and for which management is taking actions including charge in the statement of profit and loss of
Rs.1150 lacs (net of recovery/deductions of Rs 3620 lacs) as per management estimate at this stage based on an internal investigation, we have
neither come across any instance of material fraud on or by the Company, noticed or reported during the year, nor have we been informed of such
case by the Management.

For Price Waterhouse


Firm Registration Number: 012754N
Chartered Accountants

Charan S Gupta
Place: Gurgaon

Partner

Dated: September 30, 2013

Membership Number 093044

25

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

[100100] Balance sheet


Unless otherwise specified, all monetary values are in Lakhs of INR
31/03/2013
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital
Reserves and surplus
Total shareholders' funds
Share application money pending allotment
Non-current liabilities [Abstract]
Long-term borrowings
Other long-term liabilities
Long-term provisions
Total non-current liabilities
Current liabilities [Abstract]
Short-term borrowings
Trade payables
Other current liabilities
Short-term provisions
Total current liabilities
Total equity and liabilities
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets
Intangible assets
Tangible assets capital work-in-progress
Total fixed assets
Non-current investments
Deferred tax assets (net)
Long-term loans and advances
Other non-current assets
Total non-current assets
Current assets [Abstract]
Current investments
Inventories
Trade receivables
Cash and bank balances
Short-term loans and advances
Other current assets
Total current assets
Total assets

31/03/2012

01/01/2011

2,587.25
1,06,910.62
1,09,497.87
0

2,587.25
63,624.52
66,211.77
0

0
0
5,234.56
5,234.56

0
0
5,438.91
5,438.91

(A) 57,949.59
8,043.42
1,503.79
67,496.8
1,82,229.23

(B) 49,575.42
6,400.36
2,030.55
58,006.33
1,29,657.01

22,359.33
0
2,412.42
24,771.75
73,779.19

19,796.57
0
2,277.6
22,074.17
0

(C) 1,870.29
3,351.31
32.56
1,03,805.1

(D) 1,919.83
2,742.49
31.69
26,768.18

0
30,273.54
10,570.51
28,030.26
9,331.73
218.09
78,424.13
1,82,229.23

0
36,541.14
8,852.49
52,194.54
4,993.2
307.46
1,02,888.83
1,29,657.01

2,627.96

16,779.13
0

Footnotes
(A) Acceptances-644.26 Trade payables-57305.33
(B) Acceptances-1379.33 Trade payables-48196.09
(C) Timing difference resulting u/s 43B of the Income Tax Act, 1961-556.90 Differences in carrying value of fixed assets as per tax
books and financial books-340.90 Provision for Inventory , Doubtful Debts & Advances-972.49
(D) Timing difference resulting u/s 43B of the Income Tax Act, 1961-627.93 Differences in carrying value of fixed assets as per tax
books and financial books-355.71 Provision for Inventory , Doubtful Debts & Advances-936.19

26

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

[400300] Disclosures - Signatories of balance sheet


Details of directors signing balance sheet [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Directors signing balance sheet [Axis]

Details 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
Last name of director
Designation of director
Director identification number of director
Date of signing of balance sheet by director

Director 1

Director 2

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

Gopal
Mishra
Executive Director
06418731
30/09/2013

Akhil
Chandra
Managing Director
06418791
30/09/2013

Unless otherwise specified, all monetary values are in Lakhs of INR


01/04/2012
to
31/03/2013
Name of company secretary
Permanent account number of company secretary
Date of signing of balance sheet by company secretary

Manoj Singh Bisht


ALTPB3904E
30/09/2013

27

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

[100400] Cash flow statement, indirect


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Statement of cash flows [Abstract]
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for depreciation and amortisation expense
Other adjustments for which cash effects are investing or
financing cash flow
Other adjustments for non-cash items
Total adjustments to profit (loss)
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in inventories
Adjustments for decrease (increase) in trade receivables
Adjustments for decrease (increase) in other current and
non-current assets
Adjustments for increase (decrease) in trade payables
Adjustments for increase (decrease) in other current and
non-current liabilities
Adjustments for provisions
Total adjustments for working capital
Total adjustments for reconcile profit (loss)
Net cash flows from (used in) operations
Income taxes (paid) refund
Net cash flows from (used in) operating activities before extraordinary
items
Net cash flows from (used in) operating activities
Cash flows from used in investing activities [Abstract]
Proceeds from sales of tangible assets
Purchase of tangible assets
Dividends received
Interest received
Other inflows (outflows) of cash

59,454.58

67,656.12

3,760.1

3,901.99

(A) -5,484.27

(B) -3,966.79

(C) -3,204.5
-4,928.67

(D) -7,413.75
-7,478.55

6,267.6
-1,740.43

-13,996.22
-5,374.74

(E) -12,606.43

(F) -10,826.01

11,601.08

19,927.09

2,071.95

111.22

(G) -91.3
5,502.47
573.8
60,028.38
13,329.77

(H) 15.11
-10,143.55
-17,622.1
50,034.02
12,301.83

46,698.61

37,732.19

46,698.61

37,732.19

13.69
6,651.32
1,198.35
3,953.5

54.52
6,713.35
0
3,357.74

(I) -73,779.18

Net cash flows from (used in) investing activities before extraordinary
items
Net cash flows from (used in) investing activities
Cash flows from used in financing activities [Abstract]
Dividends paid
Other inflows (outflows) of cash

28

01/01/2011

(J) 0

-75,264.96

-3,301.09

-75,264.96

-3,301.09

3,027.84

3,436.86

(K) 0

Net cash flows from (used in) financing activities before extraordinary
items
Net cash flows from (used in) financing activities
Net increase (decrease) in cash and cash equivalents before effect of
exchange rate changes
Net increase (decrease) in cash and cash equivalents
Cash and cash equivalents cash flow statement at end of period

01/01/2011
to
31/03/2012

(L) -3,986.93

-3,027.84

-7,423.79

-3,027.84

-7,423.79

-31,594.19

27,007.31

-31,594.19
11,006.07

27,007.31
42,600.26

15,592.95

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Footnotes
(A) Interest Income- (4,286.15) Dividend Income- (1,198.35) (Profit) / Loss on Sale of Assets-0.23
(B) Interest Income- (3,932.65) Dividend Income-0.00 (Profit) / Loss on Sale of Assets- (34.14)
(C) Provision for doubtful debts and advances-22.42 Liabilities/ Provisions no longer required written back- (3,226.92)
(D) Provision for doubtful debts and advances-67.11 Liabilities/ Provisions no longer required written back- (7,480.86)
(E) Decrease / (Increase) in Long term Loans & Advance- (837.12) Decrease / (Increase) in Short term Loans and Advances- (4,338.53)
Decrease / (Increase) in Non current Assets- (0.87) Decrease / (Increase) in Other Bank Balances- (7,429.91)
(F) Decrease / (Increase) in Long term Loans & Advance- (744.86) Decrease / (Increase) in Short term Loans and Advances- (484.83)
Decrease / (Increase) in Non current Assets- (2.04) Decrease / (Increase) in Other Bank Balances- (9,594.28)
(G) Increase / (Decrease) in Long Term Provisions- (204.35) Increase / (Decrease) in Short Term Provisions-113.05
(H) Increase / (Decrease) in Long Term Provisions- (183.97) Increase / (Decrease) in Short Term Provisions-199.08
(I) Purchase of non current investments
(J) Purchase of non current investments
(K) Capital Reduction
(L) Capital Reduction

29

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

[200100] Notes - Share capital


Disclosure of classes of share capital [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of share capital [Axis]

01/04/2012
to
31/03/2013
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Number of shares authorised
Value of shares authorised
Number of shares issued
Value of shares issued
Number of shares subscribed and fully paid
Value of shares subscribed and fully paid
Number of shares subscribed but not fully paid
Value of shares subscribed but not fully paid
Total number of shares subscribed
Total value of shares subscribed
Value of shares paid-up [Abstract]
Number of shares paid-up
Value of shares called
Value of shares paid-up
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Decrease in number of shares during period
[Abstract]
Other decrease in number of shares
Total decrease in number of shares during
period
Total increase (decrease) in number of
shares outstanding
Number of shares outstanding at end of period
Reconciliation of value of shares outstanding
[Abstract]
Changes in share capital [Abstract]
Decrease in share capital during period
[Abstract]
Other decrease in amount of shares
Total decrease in share capital during
period
Total increase (decrease) in share capital
Share capital at end of period
Rights preferences and restrictions attaching
to class of share capital
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 in company held by ultimate holding
company
Total shares in company held by holding company
or ultimate holding company or by its
subsidiaries or associates
Details of application money received for
allotment of securities and due for refund and
interest accrued thereon [Abstract]

Equity shares
[Member]

Share capital [Member]

01/01/2011
to
31/03/2012

01/01/2011

01/04/2012
to
31/03/2013

[shares] 3,50,00,000
3,500
[shares] 2,58,72,500
2,587.25
[shares] 2,58,72,500
2,587.25
[shares] 0
0
[shares] 2,58,72,500
2,587.25

[shares] 3,50,00,000
3,500
[shares] 2,58,72,500
2,587.25
[shares] 2,58,72,500
2,587.25
[shares] 0
0
[shares] 2,58,72,500
2,587.25

[shares] 3,50,00,000
3,500
[shares] 2,58,72,500
2,587.25
[shares] 2,58,72,500
2,587.25
[shares] 0
0
[shares] 2,58,72,500
2,587.25

[shares] 2,58,72,500
2,587.25
2,587.25

[shares] 2,58,72,500
2,587.25
2,587.25

[shares] 2,58,72,500
2,587.25
2,587.25

[shares] 0

[shares] 4,07,100

[shares] 0

[shares] 0

[shares] 4,07,100

[shares] 0

[shares] 0

[shares] 4,07,100

[shares] 0

[shares] 2,58,72,500

[shares] 2,58,72,500

[shares]
[shares] 2,58,72,500
2,62,79,600

40.71

40.71

0
2,587.25

-40.71
2,587.25

Textual
information Textual information (29)
(28) [See below]
[See below]

2,627.96

0
2,587.25
Textual information
(30) [See below]

[shares] 1,67,85,721

[shares] 1,67,85,721

[shares] 1,67,85,721

[shares] 90,86,741

[shares] 90,86,741

[shares] 90,86,741

[shares] 2,58,72,462

[shares] 2,58,72,462

[shares] 2,58,72,462

30

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

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
Application money received for
allotment of securities and due for
refund, interest accrued
Total application money received for
allotment of securities and due for refund
and interest accrued thereon

31

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of classes of share capital [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of share capital [Axis]

Equity shares [Member]

01/01/2011
to
31/03/2012

Equity shares 1 [Member]

01/01/2011

Disclosure of classes of share capital [Abstract]


Disclosure of classes of share capital [LineItems]
Type of share

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Equity

Equity

(A) [shares]
3,50,00,000
3,500
[shares] 2,58,72,500
2,587.25
[shares] 2,58,72,500
2,587.25
[shares] 0
0
[shares] 2,58,72,500
2,587.25

(B) [shares]
3,50,00,000
3,500
[shares] 2,58,72,500
2,587.25
[shares] 2,58,72,500
2,587.25
[shares] 0
0
[shares] 2,58,72,500
2,587.25

[shares] 2,58,72,500
2,587.25
2,587.25
[INR/shares] 10

[shares] 2,58,72,500
2,587.25
2,587.25
[INR/shares] 10

[INR/shares] 10

[INR/shares] 10

[shares] 4,07,100

[shares] 0

[shares] 4,07,100

[shares] 4,07,100

[shares] 0

[shares] 4,07,100

Number of shares authorised

[shares] 3,50,00,000

Value of shares authorised


Number of shares issued
Value of shares issued
Number of shares subscribed and fully paid
Value of shares subscribed and fully paid
Number of shares subscribed but not fully paid
Value of shares subscribed but not fully paid
Total number of shares subscribed
Total value of shares subscribed
Value of shares paid-up [Abstract]
Number of shares paid-up
Value of shares called
Value of shares paid-up
Par value per share
Details of shares not fully called [Abstract]
Amount per share called
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Decrease in number of shares during period
[Abstract]
Other decrease in number of shares
Total decrease in number of shares during
period
Total increase (decrease) in number of
shares outstanding

3,500
[shares] 2,58,72,500
2,587.25
[shares] 2,58,72,500
2,587.25
[shares] 0
0
[shares] 2,58,72,500
2,587.25

[shares] 4,07,100

[shares] 0

[shares] 4,07,100

Number of shares outstanding at end of period

[shares] 2,58,72,500

[shares]
[shares] 2,58,72,500
2,62,79,600

[shares] 2,58,72,500

40.71

40.71

40.71

40.71

0
2,587.25

-40.71
2,587.25

Reconciliation of value of shares outstanding


[Abstract]
Changes in share capital [Abstract]
Decrease in share capital during period
[Abstract]
Other decrease in amount of shares
Total decrease in share capital during
period
Total increase (decrease) in share capital
Share capital at end of period
Rights preferences and restrictions attaching
to class of share capital
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 in company held by ultimate holding
company
Total shares in company held by holding company
or ultimate holding company or by its
subsidiaries or associates
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]

[shares] 2,58,72,500
2,587.25
2,587.25

-40.71
2,587.25
Textual information (31)
[See below]

2,627.96

Textual information Textual information


(32) [See below]
(33) [See below]

[shares] 1,67,85,721

[shares] 1,67,85,721

[shares] 1,67,85,721

[shares] 90,86,741

[shares] 90,86,741

[shares] 90,86,741

[shares] 2,58,72,462

[shares] 2,58,72,462

[shares] 2,58,72,462

32

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Application money received for


allotment of securities and due for
refund, principal
Application money received for
allotment of securities and due for
refund, interest accrued
Total application money received for
allotment of securities and due for refund
and interest accrued thereon

Footnotes
(A) Actual shares issued, subscribed and paid up=25872467
(B) Actual shares issued, subscribed and paid up=25872467
Disclosure of classes of share capital [Table]

..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR


Equity shares 1
[Member]

Classes of share capital [Axis]

01/01/2011
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
Reconciliation of value of shares outstanding [Abstract]
Share capital at end of period

[shares] 2,62,79,600
2,627.96

Disclosure of shareholding more than five per cent in company [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of share capital [Axis]
Name of shareholder [Axis]

Equity shares 1 [Member]


Shareholder 1 [Member]
Shareholder 2 [Member]

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
Name of shareholder
Country of incorporation or residence of
shareholder
Number of shares held in company
Percentage of shareholding in company

Equity
Reckitt
plc, UK

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Equity
Equity
Equity
Benckiser Reckitt Benckiser plc, Lancaster Square Lancaster
UK
Holding SL
Holding SL

United Kingdom
[shares] 1,67,85,721
64.878%

United Kingdom
[shares] 1,67,85,721
64.878%

Spain

Square

Spain

[shares] 90,86,741
35.121%

[shares] 90,86,741
35.121%

Unless otherwise specified, all monetary values are in Lakhs of INR


01/04/2012
to
31/03/2013
Disclosure of notes on share capital explanatory [TextBlock]
Whether there are any shareholders holding more than five per cent
shares in company
Whether money raised from public offering during year

01/01/2011
to
31/03/2012

Yes

Yes

No

No

Textual information (28)


Rights preferences and restrictions attaching to class of share capital
The Company has one class of Equity Shares having par value of Rs. 10 per share. Each shareholder is eligible for one vote per share held. The
dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in case
of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after
distribution of all preferential amounts, if any, in proportion to their shareholding.

33

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (29)


Rights preferences and restrictions attaching to class of share capital
The Company has one class of Equity Shares having par value of Rs. 10 per share. Each shareholder is eligible for one vote per share held. The
dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in case
of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after
distribution of all preferential amounts, if any, in proportion to their shareholding.

Textual information (30)


Rights preferences and restrictions attaching to class of share capital
The Company has one class of Equity Shares having par value of Rs. 10 per share. Each shareholder is eligible for one vote per share held. The
dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in case
of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after
distribution of all preferential amounts, if any, in proportion to their shareholding.

Textual information (31)


Rights preferences and restrictions attaching to class of share capital
The Company has one class of Equity Shares having par value of Rs. 10 per share. Each shareholder is eligible for one vote per share held. The
dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in case
of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after
distribution of all preferential amounts, if any, in proportion to their shareholding.

Textual information (32)


Rights preferences and restrictions attaching to class of share capital
The Company has one class of Equity Shares having par value of Rs. 10 per share. Each shareholder is eligible for one vote per share held. The
dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in case
of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after
distribution of all preferential amounts, if any, in proportion to their shareholding.

Textual information (33)


Rights preferences and restrictions attaching to class of share capital
The Company has one class of Equity Shares having par value of Rs. 10 per share. Each shareholder is eligible for one vote per share held. The
dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting, except in case
of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the Company after
distribution of all preferential amounts, if any, in proportion to their shareholding.

34

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

[200200] Notes - Reserves and surplus


Statement of changes in reserves [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Components of reserves [Axis]

Capital reserves
[Member]

Reserves [Member]

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
Other additions to reserves
Total additions to reserves
Deductions to reserves [Abstract]
Other deductions to reserves
Total deductions to reserves
Appropriations for dividend, dividend tax and
general reserve [Abstract]
Dividend appropriation [Abstract]
Interim dividend appropriation [Abstract]
Interim equity dividend appropriation
Total interim dividend appropriation
Total dividend appropriation
Dividend tax appropriation [Abstract]
Equity dividend tax appropriation
Total dividend tax appropriation
Transfer to general reserve
Total appropriations for dividend,
dividend tax and general reserve
Total changes in reserves
Reserves at end of period

01/01/2011
to
31/03/2012

01/01/2011

46,293.07
4,629.31
50,922.38

53,830.23
0
53,830.23

0
0

3,946.22
3,946.22

2,587.25
2,587.25
2,587.25

0
0
0

419.72
419.72
4,629.31

637.64
637.64
0

7,636.28

637.64

43,286.1
1,06,910.62

49,246.37
63,624.52

01/04/2012
to
31/03/2013

0
0

0
30

14,378.15

Statement of changes in reserves [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Components of reserves [Axis]

Capital reserves [Member]

01/01/2011
to
31/03/2012
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period
Other additions to reserves
Total additions to reserves
Deductions to reserves [Abstract]
Other deductions to reserves
Total deductions to reserves
Total changes in reserves
Reserves at end of period

Other reserves [Member]

01/04/2012
to
31/03/2013

01/01/2011

35

01/01/2011
to
31/03/2012

0
4,629.31
4,629.31

0
0
0

0
30

0
0
4,629.31
14,885.93

3,946.22
3,946.22
-3,946.22
10,256.62

30

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Statement of changes in reserves [Table]

..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR


Components of reserves [Axis]

Other reserves
[Member]

01/01/2011
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period
Other additions to reserves
Total additions to reserves
Deductions to reserves [Abstract]
Other deductions to reserves
Total deductions to reserves
Total changes in reserves
Reserves at end of period

14,202.84

General reserve [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

0
4,629.31
4,629.31

0
0
0

0
0
4,629.31
14,885.93

3,946.22
3,946.22
-3,946.22
10,256.62

14,202.84

Statement of changes in reserves [Table]

..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR


Components of reserves [Axis]

Surplus [Member]

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
Total additions to reserves
Appropriations for dividend, dividend tax and general reserve
[Abstract]
Dividend appropriation [Abstract]
Interim dividend appropriation [Abstract]
Interim equity dividend appropriation
Total interim dividend appropriation
Total dividend appropriation
Dividend tax appropriation [Abstract]
Equity dividend tax appropriation
Total dividend tax appropriation
Transfer to general reserve
Total appropriations for dividend, dividend tax and general
reserve
Total changes in reserves
Reserves at end of period

36

01/01/2011
to
31/03/2012

01/01/2011

46,293.07
46,293.07

53,830.23
53,830.23

2,587.25
2,587.25
2,587.25

0
0
0

419.72
419.72
4,629.31

637.64
637.64
0

7,636.28

637.64

38,656.79
91,994.69

53,192.59
53,337.9

145.31

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

[201000] Notes - Tangible assets


Disclosure of additional information tangible assets [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Company total tangible assets
[Member]
Owned and leased assets
[Member]

Classes of tangible assets [Axis]


Sub classes of tangible assets [Axis]

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
Useful lives or depreciation rates
tangible assets

SLM

01/01/2011
to
31/03/2012

SLM

Land [Member]

Buildings [Member]

Assets held under lease [Member]

Owned assets [Member]

01/04/2012
to
31/03/2013

SLM

01/01/2011
to
31/03/2012

SLM

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

SLM

SLM
Textual
Textual
Textual
Textual
Over the period Over the period
information
information (34) information (35)
information (36)
of lease
of lease
(37)
[See
[See below]
[See below]
[See below]
below]

Disclosure of additional information tangible assets [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]

Plant and equipment [Member] Furniture and fixtures [Member]


Owned assets [Member]
Owned assets [Member]

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
Useful lives or depreciation rates
tangible assets

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Vehicles [Member]
Owned assets [Member]

01/04/2012
to
31/03/2013

SLM
SLM
SLM
SLM
SLM
Textual
Textual
Textual
Textual
information (38) information (39) information (40) information (41) 20%
[See below]
[See below]
[See below]
[See below]

01/01/2011
to
31/03/2012

SLM
20%

Disclosure of additional information tangible assets [Table]

..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]

Office equipment [Member]


Owned assets [Member]

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
Useful lives or depreciation rates tangible assets

01/01/2011
to
31/03/2012

SLM

SLM

33.33%

33.33%

37

Leasehold improvements [Member]


Owned assets [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

SLM
SLM
In the First Year of In the First Year of
Lease
Lease

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of tangible assets [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Company total tangible assets [Member]


Owned and leased assets [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

6,336.78

6,939.81

-3,760.1

-3,901.99

13.92

Gross carrying amount [Member]

01/01/2011

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

6,336.78

6,939.81

20.38

118.87

683.67

13.92

20.38

118.87

683.67

2,562.76

3,017.44

6,217.91

6,256.14

22,359.33

19,796.57

42,310.86

36,092.95

16,779.13

29,836.81

Disclosure of tangible assets [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Company total tangible assets [Member]


Owned and leased assets [Member]
Accumulated depreciation and impairment
[Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

3,760.1

3,901.99

104.95

663.29

104.95

663.29

3,655.15

3,238.7

19,951.53

16,296.38

38

01/01/2011

13,057.68

Land [Member]
Assets held under lease [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

272.44

-11.07

-10.37

261.37

-10.37

967.09

705.72

716.09

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of tangible assets [Table]

..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Land [Member]
Assets held under lease [Member]
Accumulated depreciation and impairment
Gross carrying amount [Member]
[Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

272.44

01/01/2011

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

272.44

1,019.4

746.96

746.96

11.07

10.37

11.07

10.37

52.31

41.24

30.87

Disclosure of tangible assets [Table]

..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Land [Member]
Owned assets [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

01/01/2011

118.53

118.53

39

Gross carrying amount [Member]

118.53

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

118.53

118.53

118.53

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of tangible assets [Table]

..(5)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Land [Member]
Owned assets [Member]
Accumulated depreciation and impairment
[Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

Buildings [Member]
Owned assets [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013

01/01/2011

01/01/2011
to
31/03/2012

1,165.7

531.73

-327.6

-384.76

838.1

146.97

8,881.15

8,043.05

01/01/2011

7,896.08

Disclosure of tangible assets [Table]

..(6)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Buildings [Member]
Owned assets [Member]
Accumulated depreciation and impairment
Gross carrying amount [Member]
[Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

1,165.7

01/01/2011

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

531.73

1,165.7

531.73

11,293.63

10,127.93

40

9,596.2

327.6

384.76

327.6

384.76

2,412.48

2,084.88

1,700.12

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of tangible assets [Table]

..(7)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Other building [Member]


Owned assets [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

1,165.7

531.73

-327.6

-384.76

838.1

146.97

8,881.15

8,043.05

Gross carrying amount [Member]

01/01/2011

7,896.08

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

1,165.7

531.73

1,165.7

531.73

11,293.63

10,127.93

01/01/2011

9,596.2

Disclosure of tangible assets [Table]

..(8)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Other building [Member]


Owned assets [Member]
Accumulated depreciation and impairment
[Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

327.6

01/01/2011

384.76

327.6

384.76

2,412.48

2,084.88

41

1,700.12

Plant and equipment [Member]


Owned assets [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

3,990.31

5,267.78

-2,685.74

-2,823.93

3.67

3.67

1,304.57

2,440.18

11,105.86

9,801.29

01/01/2011

7,361.11

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of tangible assets [Table]

..(9)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Plant and equipment [Member]


Owned assets [Member]
Accumulated depreciation and impairment
Gross carrying amount [Member]
[Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

3,990.31

01/01/2011

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

5,267.78
2,685.74

2,823.93

83.8

334.15

83.8

330.48

83.8

334.15

83.8

330.48

3,906.51

4,933.63

2,601.94

2,493.45

24,268

20,361.49

13,162.14

10,560.2

15,427.86

8,066.75

Disclosure of tangible assets [Table]

..(10)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Other plant and equipment [Member]


Owned assets [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

3,990.31

5,267.78

-2,685.74

-2,823.93

Gross carrying amount [Member]

01/01/2011

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

3,990.31

5,267.78

3.67

83.8

334.15

3.67

83.8

334.15

1,304.57

2,440.18

11,105.86

9,801.29

42

7,361.11

3,906.51

4,933.63

24,268

20,361.49

01/01/2011

15,427.86

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of tangible assets [Table]

..(11)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Other plant and equipment [Member]


Owned assets [Member]
Accumulated depreciation and impairment
[Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

01/01/2011

Furniture and fixtures [Member]


Owned assets [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

364.26

823.95

2,685.74

2,823.93

-285.39

-337.83

83.8

330.48

0.92

1.56

83.8

330.48

0.92

1.56

2,601.94

2,493.45

77.95

484.56

13,162.14

10,560.2

892.93

814.98

8,066.75

01/01/2011

330.42

Disclosure of tangible assets [Table]

..(12)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Furniture and fixtures [Member]


Owned assets [Member]
Accumulated depreciation and impairment
Gross carrying amount [Member]
[Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

364.26

01/01/2011

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

823.95
285.39

337.83

1.43

189.65

0.51

188.09

1.43

189.65

0.51

188.09

362.83

634.3

2,871.42

2,508.59

43

1,874.29

284.88

149.74

1,978.49

1,693.61

1,543.87

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of tangible assets [Table]

..(13)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Vehicles [Member]
Owned assets [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

230.67

63.49

-82.22

-60.43

13

Gross carrying amount [Member]

01/01/2011

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

230.67

63.49

15.15

24.37

56.38

13

15.15

24.37

56.38

135.45

-12.09

206.3

7.11

300.84

165.39

490.5

284.2

177.48

01/01/2011

277.09

Disclosure of tangible assets [Table]

..(14)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Vehicles [Member]
Owned assets [Member]
Accumulated depreciation and impairment
[Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

01/01/2011

Motor vehicles [Member]


Owned assets [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

230.67

63.49

82.22

60.43

-82.22

-60.43

11.37

41.23

13

15.15

11.37

41.23

13

15.15

70.85

19.2

189.66

118.81

44

99.61

135.45

-12.09

300.84

165.39

01/01/2011

177.48

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of tangible assets [Table]

..(15)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Motor vehicles [Member]


Owned assets [Member]
Accumulated depreciation and impairment
Gross carrying amount [Member]
[Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

230.67

01/01/2011

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

63.49
82.22

60.43

24.37

56.38

11.37

41.23

24.37

56.38

11.37

41.23

206.3

7.11

70.85

19.2

490.5

284.2

189.66

118.81

277.09

99.61

Disclosure of tangible assets [Table]

..(16)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Office equipment [Member]


Owned assets [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

01/01/2011

148.5

252.86

-203.18

-284.67

0
0

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

148.5

252.86

9.27

103.49

9.27

103.49

-54.68

-31.81

92.93

147.61

45

Gross carrying amount [Member]

179.42

139.23

149.37

1,562.63

1,423.4

01/01/2011

1,274.03

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of tangible assets [Table]

..(17)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Office equipment [Member]


Owned assets [Member]
Accumulated depreciation and impairment
[Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

01/01/2011

Computer equipments [Member]


Owned assets [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

148.5

252.86

203.18

284.67

-203.18

-284.67

9.27

103.49

9.27

103.49

193.91

181.18

-54.68

-31.81

1,469.7

1,275.79

92.93

147.61

1,094.61

179.42

Disclosure of tangible assets [Table]

..(18)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Computer equipments [Member]


Owned assets [Member]
Accumulated depreciation and impairment
Gross carrying amount [Member]
[Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Disposals tangible assets
[Abstract]
Disposals tangible assets,
others
Total disposals tangible
assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

148.5

01/01/2011

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

252.86
203.18

284.67

9.27

103.49

9.27

103.49

9.27

103.49

9.27

103.49

139.23

149.37

1,562.63

1,423.4

46

1,274.03

193.91

181.18

1,469.7

1,275.79

1,094.61

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of tangible assets [Table]

..(19)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross
carrying amount [Axis]

Leasehold improvements [Member]


Owned assets [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013
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
Depreciation tangible assets
Total changes in tangible
assets
Tangible assets at end of period

01/01/2011
to
31/03/2012

Gross carrying amount [Member]

01/04/2012
to
31/03/2013

01/01/2011

164.9

-164.9

01/01/2011
to
31/03/2012

01/01/2011

164.9

164.9

686.75

521.85

Disclosure of tangible assets [Table]

521.85

..(20)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of tangible assets [Axis]
Sub classes of tangible assets [Axis]
Carrying amount accumulated depreciation and gross carrying amount [Axis]

Leasehold improvements [Member]


Owned assets [Member]
Accumulated depreciation and impairment [Member]

01/04/2012
to
31/03/2013
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets [LineItems]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets
Total changes in tangible assets
Tangible assets at end of period

164.9
164.9
686.75

01/01/2011
to
31/03/2012

0
0
521.85

01/01/2011

521.85

Textual information (34)


Useful lives or depreciation rates tangible assets
Over the period of lease, Depreciation on tangible assets (including those utilized in research and development (R&D) activities) is provided on
straight line method at the rates prescribed in schedule XIV of the Companies Act, 1956, 20%, 33.33%, In the First Year of Lease

Textual information (35)


Useful lives or depreciation rates tangible assets
Over the period of lease, Depreciation on tangible assets (including those utilized in research and development (R&D) activities) is provided on
straight line method at the rates prescribed in schedule XIV of the Companies Act, 1956, 20%, 33.33%, In the First Year of Lease

Textual information (36)


Useful lives or depreciation rates tangible assets
Depreciation on tangible assets (including those utilized in research and development (R&D) activities) is provided on straight line method at the
rates prescribed in schedule XIV of the Companies Act, 1956

47

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (37)


Useful lives or depreciation rates tangible assets
Depreciation on tangible assets (including those utilized in research and development (R&D) activities) is provided on straight line method at the
rates prescribed in schedule XIV of the Companies Act, 1956

Textual information (38)


Useful lives or depreciation rates tangible assets
Depreciation on tangible assets (including those utilized in research and development (R&D) activities) is provided on straight line method at the
rates prescribed in schedule XIV of the Companies Act, 1956

Textual information (39)


Useful lives or depreciation rates tangible assets
Depreciation on tangible assets (including those utilized in research and development (R&D) activities) is provided on straight line method at the
rates prescribed in schedule XIV of the Companies Act, 1956

Textual information (40)


Useful lives or depreciation rates tangible assets
Depreciation on tangible assets (including those utilized in research and development (R&D) activities) is provided on straight line method at the
rates prescribed in schedule XIV of the Companies Act, 1956

Textual information (41)


Useful lives or depreciation rates tangible assets
Depreciation on tangible assets (including those utilized in research and development (R&D) activities) is provided on straight line method at the
rates prescribed in schedule XIV of the Companies Act, 1956

[201100] Notes - Intangible assets


Disclosure of additional information intangible assets [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of intangible assets [Axis]
Sub classes of intangible assets [Axis]

Company total intangible assets


[Member]
Internally generated and other
than internally generated
intangible assets [Member]

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
Description of amortization method
used

01/01/2011
to
31/03/2012

Brands and trade marks


[Member]

Computer software [Member]

Intangible assets other than


internally generated [Member]

Intangible assets other than


internally generated [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

1-3 Years, 1-10 1-3 Years, 1-10


1-10 Years
Years
Years

1-10 Years

1-3 Years

1-3 Years

SLM

SLM

SLM

SLM

SLM

48

SLM

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of intangible assets [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of intangible assets [Axis]
Sub classes of intangible assets [Axis]
Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]

Company total intangible assets [Member]


Internally generated and other than internally generated intangible assets [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013
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 other than through
business combinations
intangible assets
Total additions to
intangible assets
Amortization intangible assets
Total changes in intangible
assets
Intangible assets at end of period

01/01/2011
to
31/03/2012

Gross carrying amount [Member]

01/04/2012
to
31/03/2013

01/01/2011

01/01/2011
to
31/03/2012

01/01/2011

1,903.17

1,903.17

1,903.17

Disclosure of intangible assets [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of intangible assets [Axis]
Sub classes of intangible assets [Axis]
Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]

Company total intangible assets [Member]


Internally generated and other than internally
generated intangible assets [Member]
Accumulated amortization and impairment
[Member]

01/04/2012
to
31/03/2013
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 other than through
business combinations
intangible assets
Total additions to
intangible assets
Amortization intangible assets
Total changes in intangible
assets
Intangible assets at end of period

01/01/2011
to
31/03/2012

01/01/2011

1,903.17

1,903.17

49

1,903.17

Brands and trade marks [Member]


Intangible assets other than internally generated
[Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of intangible assets [Table]

..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of intangible assets [Axis]
Sub classes of intangible assets [Axis]
Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]

Brands and trade marks [Member]


Intangible assets other than internally generated [Member]
Accumulated amortization and impairment
Gross carrying amount [Member]
[Member]

01/04/2012
to
31/03/2013
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 other than through
business combinations
intangible assets
Total additions to
intangible assets
Amortization intangible assets
Total changes in intangible
assets
Intangible assets at end of period

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011

1,817.1

1,817.1

1,817.1

01/01/2011
to
31/03/2012

01/01/2011

1,817.1

1,817.1

1,817.1

Disclosure of intangible assets [Table]

..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of intangible assets [Axis]
Sub classes of intangible assets [Axis]
Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]

Trade marks [Member]


Intangible assets other than internally generated [Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013
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 other than through
business combinations
intangible assets
Total additions to
intangible assets
Amortization intangible assets
Total changes in intangible
assets
Intangible assets at end of period

01/01/2011
to
31/03/2012

Gross carrying amount [Member]

01/04/2012
to
31/03/2013

01/01/2011

01/01/2011
to
31/03/2012

01/01/2011

1,817.1

1,817.1

50

1,817.1

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of intangible assets [Table]

..(5)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of intangible assets [Axis]
Sub classes of intangible assets [Axis]
Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]

Trade marks [Member]


Intangible assets other than internally generated
[Member]
Accumulated amortization and impairment
[Member]

01/04/2012
to
31/03/2013
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 other than through
business combinations
intangible assets
Total additions to
intangible assets
Amortization intangible assets
Total changes in intangible
assets
Intangible assets at end of period

01/01/2011
to
31/03/2012

01/01/2011

Computer software [Member]


Intangible assets other than internally generated
[Member]
Carrying amount [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

1,817.1

1,817.1

1,817.1

Disclosure of intangible assets [Table]

..(6)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of intangible assets [Axis]
Sub classes of intangible assets [Axis]
Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]

Computer software [Member]


Intangible assets other than internally generated [Member]
Accumulated amortization and impairment
Gross carrying amount [Member]
[Member]

01/04/2012
to
31/03/2013
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 other than through
business combinations
intangible assets
Total additions to
intangible assets
Amortization intangible assets
Total changes in intangible
assets
Intangible assets at end of period

01/01/2011
to
31/03/2012

01/01/2011

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

0
0

86.07

86.07

51

86.07

01/01/2011

86.07

86.07

86.07

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

[200400] Notes - Non-current investments


Details of non-current investments [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification of non-current investments [Axis]

NoncurrentInvestment 1

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

NoncurrentInvestment 2

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Non-current investments [Abstract]


Disclosure of details of non-current investments
[Abstract]
Details of non-current investments [LineItems]
Type of non-current investments
Class of non-current investments
Nature of non-current investments
Non-current investments
Name of body corporate in whom investment has
been made

Investment in public Investment in public Investment in other Investment in other


sector
equity sector
equity Indian companies Indian
companies
instruments
instruments
equity instruments equity instruments
Trade investments Trade investments
Trade investments Trade investments
Unquoted
Unquoted
Unquoted
Unquoted
0
0
0
0
Khar Sai Vandana Khar Sai Vandana
Shivalik
Solid Shivalik Solid Waste
Co-operative
Co-operative Housing
Waste Management Management
Housing Society Ltd Society Ltd

Details of non-current investments [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification of non-current investments [Axis]

NoncurrentInvestment 3

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

NoncurrentInvestment 4

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Non-current investments [Abstract]


Disclosure of details of non-current investments
[Abstract]
Details of non-current investments [LineItems]
Type of non-current investments
Class of non-current investments
Nature of non-current investments
Non-current investments
Name of body corporate in whom investment has
been made
Details of whether such body corporate is
subsidiary, associate, joint venture or
controlled special purpose entity

Investment in public Investment in public Investment in public Investment in public


sector
equity sector
equity sector
equity sector
equity
instruments
instruments
instruments
instruments
Trade investments Trade investments
Trade investments Trade investments
Unquoted
Unquoted
Unquoted
Unquoted
72,499.99
0
(A) 1,279.2
(B) 0
Reckitt Benckiser Reckitt
Benckiser
Reckitt Benckiser Reckitt
Benckiser
Healthcare
India Healthcare
India
Scholl India Ltd
Scholl India Ltd
Limited
Limited
Associate

Footnotes
(A) Includes shares held by nominees
(B) Includes shares held by nominees

52

Associate

Associate

Associate

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Details of non-current investments [Table]

..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification of non-current investments [Axis]

NoncurrentInvestment 5

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Non-current investments [Abstract]


Disclosure of details of non-current investments [Abstract]
Details of non-current investments [LineItems]
Investment
in Investment
in
subsidiaries equity subsidiaries
equity
instruments
instruments
Trade investments Trade investments
Unquoted
Unquoted
0
0
Reckitt
Piramal Reckitt
Piramal
Private Limited
Private Limited

Type of non-current investments


Class of non-current investments
Nature of non-current investments
Non-current investments
Name of body corporate in whom investment has been made
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 Lakhs of INR


31/03/2013
Disclosure of notes on non-current investments explanatory [TextBlock]
Aggregate amount of quoted non-current investments
Market value of quoted non-current investments
Aggregate amount of unquoted non-current investments
Aggregate provision for diminution in value of non-current investments

31/03/2012

0
0
73,779.19
209.51

0
0
0
209.51

[200600] Notes - Subclassification and notes on liabilities and assets


Subclassification of trade receivables [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification of assets based on security [Axis]

Classification of assets based on security


[Member]

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
Allowance for bad and doubtful debts
Total trade receivables
Details of trade receivables due by
directors, other officers or others
[Abstract]
Trade receivables due by directors
Trade receivables due by other officers
Total trade receivables due by
directors, other officers or
others
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
Total trade receivables due by firms
or companies in which any director is
partner or director

10,686.16
115.65
10,570.51

53

31/03/2012

8,945.72
93.23
8,852.49

Unsecured considered good [Member]

31/03/2013

31/03/2012

10,570.51
0
10,570.51

8,852.49
0
8,852.49

0
0

0
0

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Subclassification of trade receivables [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification of assets based on security [Axis]

Doubtful [Member]

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
Allowance for bad and doubtful debts
Total trade receivables
Details of trade receivables due by directors, other officers or others
[Abstract]
Trade receivables due by directors
Trade receivables due by other officers
Total trade receivables due by directors, other officers or others
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
Total trade receivables due by firms or companies in which any
director is partner or director

31/03/2012

115.65
115.65
0

93.23
93.23
0

0
0
0

0
0
0

Disclosure of breakup of provisions [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification based on time period [Axis]

Long-term
[Member]

Classification based on time period [Member]

31/03/2013
Subclassification and notes on liabilities and assets
[Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [LineItems]
Provisions [Abstract]
Provisions for employee benefits
[Abstract]
Provision other employee related
liabilities
Total provisions for employee benefits
Provision for corporate tax [Abstract]
Provision for other tax
Total provision for corporate tax
Other provisions
Total provisions

31/03/2012

01/01/2011

31/03/2013

30.54

30.54

30.54

30.54

30.54

30.54

6,330.83
6,330.83
376.98
6,738.35

7,175
7,175
263.92
7,469.46

5,204.02
5,204.02
263.92
5,234.56

Disclosure of breakup of provisions [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Long-term
[Member]

Classification based on time period [Axis]

31/03/2012
Subclassification and notes on liabilities and assets [Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [LineItems]
Provisions [Abstract]
Provisions for employee benefits [Abstract]
Provision other employee related liabilities
Total provisions for employee benefits
Provision for corporate tax [Abstract]
Provision for other tax
Total provision for corporate tax
Other provisions
Total provisions

Short-term [Member]

31/03/2013

31/03/2012

30.54
30.54
5,408.37
5,408.37
5,438.91

54

1,126.81
1,126.81
376.98
1,503.79

1,766.63
1,766.63
263.92
2,030.55

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Classification of inventories [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification of inventories [Axis]

Company total inventories [Member]

01/04/2012
to
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
Goods in transit

Mode of valuation

01/01/2011
to
31/03/2012

Raw materials [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

30,273.54
36,541.14
3,833.2
5,326.68
962.61
535.74
Inventories
are Inventories are valued Inventories
are Inventories are valued
valued at lower of at lower of cost, valued at lower of at lower of cost,
cost, computed on a computed
on
a cost, computed on a computed
on
a
weighted average weighted
average weighted average weighted
average
basis, and estimated basis, and estimated basis, and estimated basis, and estimated
net realisable value net realisable value
net realisable value net realisable value

Classification of inventories [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification of inventories [Axis]

Work-in-progress [Member]

01/04/2012
to
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
Goods in transit

Mode of valuation

Finished goods [Member]

01/01/2011
to
31/03/2012

384.9

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

556.96

14,897.68
13,086.62
962.61
535.74
Inventories
are Inventories are valued Inventories
are Inventories are valued
valued at lower of at lower of cost, valued at lower of at lower of cost,
cost, computed on a computed
on
a cost, computed on a computed
on
a
weighted average weighted
average weighted average weighted
average
basis, and estimated basis, and estimated basis, and estimated basis, and estimated
net realisable value net realisable value
net realisable value net realisable value

Classification of inventories [Table]

..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification of inventories [Axis]

Stock-in-trade [Member]

01/04/2012
to
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

Mode of valuation

01/01/2011
to
31/03/2012

Stores and spares [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

9,791.99
16,434.54
65.85
54.22
Inventories
are Inventories are valued Inventories
are Inventories are valued
valued at lower of at lower of cost, valued at lower of at lower of cost,
cost, computed on a computed
on
a cost, computed on a computed
on
a
weighted average weighted
average weighted average weighted
average
basis, and estimated basis, and estimated basis, and estimated basis, and estimated
net realisable value net realisable value
net realisable value net realisable value

55

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Classification of inventories [Table]

..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification of inventories [Axis]

Other inventories [Member]

01/04/2012
to
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

Mode of valuation

Nature of other inventories

Other inventories, others [Member]

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

1,299.92
1,082.12
1,299.92
1,082.12
Inventories
are Inventories are valued Inventories
are Inventories are valued
valued at lower of at lower of cost, valued at lower of at lower of cost,
cost, computed on a computed
on
a cost, computed on a computed
on
a
weighted average weighted
average weighted average weighted
average
basis, and estimated basis, and estimated basis, and estimated basis, and estimated
net realisable value net realisable value
net realisable value net realisable value
Packing Materials Packing Materials
Packing Materials Packing Materials

Loans and advances [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification based on time period [Axis]
Classification of loans and advances [Axis]
Classification of assets based on security [Axis]

Long-term [Member]
Loans and advances [Member]
Unsecured considered good [Member]
Doubtful [Member]

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
Allowance for bad and doubtful loans and
advances
Loans and advances
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors
Loans and advances due by other officers
Total loans and advances due by
directors, other officers or others
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
Total loans and advances due
by firms or companies in which
any director is partner or
director

56

31/03/2012

31/03/2013

31/03/2012

3,351.31

2,742.49

224.64

224.64

224.64

224.64

3,351.31

2,742.49

0
0

0
0

0
0

0
0

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Loans and advances [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification based on time period [Axis]
Classification of loans and advances [Axis]
Classification of assets based on security [Axis]

Long-term [Member]
Capital advances [Member]
Security deposits [Member]
Unsecured considered good [Member]
Unsecured considered good [Member]

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
Allowance for bad and doubtful loans and
advances
Loans and advances
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors
Loans and advances due by other officers
Total loans and advances due by
directors, other officers or others
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
Total loans and advances due
by firms or companies in which
any director is partner or
director

31/03/2012

31/03/2013

31/03/2012

227.83

456.13

921.55

829.71

227.83

456.13

921.55

829.71

0
0

0
0

0
0

0
0

Loans and advances [Table]

..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification based on time period [Axis]
Classification of loans and advances [Axis]
Classification of assets based on security [Axis]

Long-term [Member]
Security deposits [Member]
Other loans and advances [Member]
Doubtful [Member]
Unsecured considered good [Member]

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
Allowance for bad and doubtful loans and
advances
Loans and advances
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors
Loans and advances due by other officers
Total loans and advances due by
directors, other officers or others
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
Total loans and advances due
by firms or companies in which
any director is partner or
director

57

31/03/2012

31/03/2013

31/03/2012

223.5

223.5

2,201.93

1,456.65

223.5

223.5

2,201.93

1,456.65

0
0

0
0

0
0

0
0

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Loans and advances [Table]

..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification based on time period [Axis]
Classification of loans and advances [Axis]
Classification of assets based on security [Axis]

Long-term [Member]
Deposits with statutory authorities
Other loans and advances [Member]
[Member]
Doubtful [Member]
Unsecured considered good [Member]

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
Allowance for bad and doubtful loans and
advances
Loans and advances
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors
Loans and advances due by other officers
Total loans and advances due by
directors, other officers or others
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
Total loans and advances due
by firms or companies in which
any director is partner or
director

31/03/2012

31/03/2013

31/03/2012

1.14

1.14

2,062.01

1,315.63

1.14

1.14

2,062.01

1,315.63

0
0

0
0

0
0

0
0

Loans and advances [Table]

..(5)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification based on time period [Axis]
Classification of loans and advances [Axis]
Classification of assets based on security [Axis]

Long-term [Member]
Deposits with statutory authorities
Other loans and advances, others
[Member]
[Member]
Doubtful [Member]
Unsecured considered good [Member]

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
Allowance for bad and doubtful loans and
advances
Loans and advances
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors
Loans and advances due by other officers
Total loans and advances due by
directors, other officers or others
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
Total loans and advances due
by firms or companies in which
any director is partner or
director

58

31/03/2012

31/03/2013

31/03/2012

1.14

1.14

139.92

141.02

1.14

1.14

(A) 139.92

(B) 141.02

0
0

0
0

0
0

0
0

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Footnotes
(A) Advance Rent Paid
(B) Advance Rent Paid
Loans and advances [Table]

..(6)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification based on time period [Axis]
Classification of loans and advances [Axis]
Classification of assets based on security [Axis]

Short-term [Member]
Loans and advances [Member]
Unsecured considered good [Member]
Doubtful [Member]

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
Allowance for bad and doubtful loans and
advances
Loans and advances
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors
Loans and advances due by other officers
Total loans and advances due by
directors, other officers or others
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
Total loans and advances due
by firms or companies in which
any director is partner or
director

59

31/03/2012

31/03/2013

31/03/2012

9,331.73

4,993.2

7.11

7.11

7.11

7.11

9,331.73

4,993.2

0
0

0
0

0
0

0
0

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Loans and advances [Table]

..(7)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification based on time period [Axis]
Classification of loans and advances [Axis]
Classification of assets based on security [Axis]

Short-term [Member]
Loans and advances to related parties
Loans advances given other related
[Member]
parties [Member]
Unsecured considered good [Member]
Unsecured considered good [Member]

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
Allowance for bad and doubtful loans and
advances
Loans and advances
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors
Loans and advances due by other officers
Total loans and advances due by
directors, other officers or others
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
Total loans and advances due
by firms or companies in which
any director is partner or
director

31/03/2012

31/03/2013

31/03/2012

3,831.05

1,935.23

3,831.05

1,935.23

3,831.05

1,935.23

3,831.05

1,935.23

0
0

0
0

0
0

0
0

Loans and advances [Table]

..(8)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification based on time period [Axis]
Classification of loans and advances [Axis]
Classification of assets based on security [Axis]

Short-term [Member]
Loans advances given suppliers [Member]
Unsecured considered good [Member]
Doubtful [Member]

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
Allowance for bad and doubtful loans and
advances
Loans and advances
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors
Loans and advances due by other officers
Total loans and advances due by
directors, other officers or others
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
Total loans and advances due
by firms or companies in which
any director is partner or
director

31/03/2012

4,817.44

60

31/03/2013

31/03/2012

2,259.05

7.11

7.11

7.11

7.11

4,817.44

2,259.05

0
0

0
0

0
0

0
0

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Loans and advances [Table]

..(9)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification based on time period [Axis]
Classification of loans and advances [Axis]
Classification of assets based on security [Axis]

Short-term [Member]
Other loans and advances [Member]
Prepaid expenses [Member]
Unsecured considered good [Member]
Unsecured considered good [Member]

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
Allowance for bad and doubtful loans and
advances
Loans and advances
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors
Loans and advances due by other officers
Total loans and advances due by
directors, other officers or others
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
Total loans and advances due
by firms or companies in which
any director is partner or
director

31/03/2012

31/03/2013

31/03/2012

683.24

798.92

385.65

239.82

683.24

798.92

385.65

239.82

0
0

0
0

0
0

0
0

Loans and advances [Table]

..(10)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classification based on time period [Axis]
Classification of loans and advances [Axis]
Classification of assets based on security [Axis]

Short-term [Member]
Deposits with statutory authorities
Other loans and advances, others
[Member]
[Member]
Unsecured considered good [Member]
Unsecured considered good [Member]

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
Allowance for bad and doubtful loans and
advances
Loans and advances
Details of loans and advances due by
directors, other officers or others
[Abstract]
Loans and advances due by directors
Loans and advances due by other officers
Total loans and advances due by
directors, other officers or others
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
Total loans and advances due
by firms or companies in which
any director is partner or
director

31/03/2012

280.2

61

31/03/2013

559.1

31/03/2012

17.39

280.2

559.1

(A) 17.39

(B) 0

0
0

0
0

0
0

0
0

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Footnotes
(A) Advance Rent Paid
(B) Advance Rent Paid
Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of subclassification and notes on liabilities and assets


explanatory [TextBlock]
Trade payables, long-term
Total other long-term liabilities

0
0
Provision
return

Nature of other provisions

for

sales

Interest accrued but not due on borrowings


Interest accrued and due on borrowings
Debentures claimed but not paid
Unpaid dividends
Unpaid matured deposits and interest accrued thereon
Unpaid matured debentures and interest accrued thereon
Taxes payable other tax
Public deposit payable, current
Total other payables, current
Advance received from customers
Short-term employee related liabilities

Provision
return

for

sales

0
0
0
23.11
0
0
4,422.33
0
4,422.33
1,323.63

0
0
0
43.98
0
0
3,876.13
0
3,876.13
478.4

(A) 1,655.02

(B) 877.6

Current liabilities portion of share application money pending


allotment
Other current liabilities, others

0
0

(C) 619.33
(D) 1,124.25
8,043.42
6,400.36
32.56
31.69
32.56
31.69
Margin Money Deposit
Margin Money Deposit

Total other current liabilities


Other non-current assets, others
Total other non-current assets
Nature of other non-current assets, others
Aggregate amount of trade receivables outstanding for period
exceeding six months
Fixed deposits with banks
Other balances with banks
Total balance with banks
Cash on hand
Others

(E) 231.21

(F) 72.6

6,999.93

37,200.39

(G) 3,887.09
10,887.02
3.03

(H) 5,385.19
42,585.58
3.36

(I) 116.02
(J) 11.32
11,006.07
42,600.26
17,024.19
9,594.28
28,030.26
52,194.54
Deposits maturing more
Deposits maturing more
than 3 months but not later than 3 months but not later
than 12 months, Unpaid than 12 months, Unpaid
Dividend
Dividend

Total cash and cash equivalents


Other bank balances
Total cash and bank balances
Nature of other cash and cash equivalents
Balances held with banks to extent held against other
commitments
Total balances held with banks to extent held as
margin money or security against borrowings,
guarantees or other commitments
Bank deposits with more than twelve months maturity
Other current assets, others
Total other current assets

Interest
deposits

Nature of other current assets

62

accrued

0
218.09
218.09
on
Interest
deposits

accrued

0
307.46
307.46
on

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Footnotes
(A) Payable to Employees
(B) Payable to Employees
(C) Capital creditors-616.30 Others-3.03
(D) Capital creditors-1024.32 Others-99.93
(E) considered good-171.91 considered doubtful-59.30
(F) considered good-46.12 considered doubtful-26.48
(G) current accounts
(H) current accounts
(I) Remittances in transit
(J) Remittances in transit

63

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

[200700] Notes - Additional disclosures on balance sheet


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Textual information (42)


[See below]

Disclosure of additional balance sheet notes explanatory [TextBlock]


Claims against company not acknowledged as debt
Other money for which company is contingently liable
Total contingent liabilities
Estimated amount of contracts remaining to be executed on
capital account and not provided for
Total commitments
Total contingent liabilities and commitments
Amount of dividends proposed to be distributed to equity shareholders
Amount of per share dividend proposed to be distributed to equity
shareholders
Percentage of equity shares held up by foreign holdings
Percentage of equity shares held up by others
Deposits accepted or renewed during period
Deposits matured and claimed but not paid during period
Deposits matured and claimed but not paid
Deposits matured but not claimed
Interest on deposits accrued and due but not paid
Share application money received during year
Share application money paid during year
Amount of share application money received back during year
Amount of share application money repaid returned back during year
Number of person share application money paid during year
Number of person share application money received during year
Number of person share application money paid as at end of year
Number of person share application money received as at end of year
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
If yes, whether company has filed compliance report with central
government
SRN of form-A
Whether audit of cost records of company has been
mandated by central government under section 233B of
Companies Act, 1956

Whether company has filed cost audit report


If yes, SRN of form-1
Unclaimed share application refund money
Unclaimed matured debentures
Unclaimed matured deposits
Interest unclaimed amount

(B) 8,061.09
411.11
8,472.2

(C) 863.64

(D) 2,032.08

863.64
16,344.65
0

2,032.08
10,504.28
0

[INR/shares] 0

[INR/shares] 0

64.878%
35.122%
0
0
0
0
0
0
0
0
0
[pure] 0
[pure] 0
[pure] 0
[pure] 0

64.878%
35.122%
0
0
0
0
0
0
0
0
0
[pure] 0
[pure] 0
[pure] 0
[pure] 0

Yes

Yes

Yes

Not Applicable

S22586754
Yes
Fast Moving
Goods
Yes
S22586622

If yes, choose products industries covered under cost audit

(A) 15,471.45
9.56
15,481.01

Yes
Consumer

Fast Moving Consumer


Goods
Yes
S20133039
0
0
0
0

Footnotes
(A) Future cash outflows in respect of (ii) above are determinable only on receipt of judgments/decisions pending with various
forums/authorities.
(B) Future cash outflows in respect of (ii) above are determinable only on receipt of judgments/decisions pending with various
forums/authorities.
(C) Net of advance-227.82
(D) Net of advance-456.13

64

0
0
0
0

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (42)


Disclosure of additional balance sheet notes explanatory [Text Block]

20

As at
March 31, 2013

As at
March 31, 2012

9.56

411.11

15,471.45

8,061.09

15,481.01
* Future cash outflows in respect of (ii) above are determinable only on receipt of
judgments/decisions pending
with various forums/authorities.

8,472.20

Contingent Liabilities
(i) Letters of credit

(ii) Contingent liabilities in respect of demands against the Company


not admitted as debts
(pertaining to income tax demand and other legal
suits)*

Total

21

Capital and Other Commitments


(a) Capital commitments
Estimated amount of contracts remaining to be executed on capital
account and not provided
for [Net of advance Rs.227.82 Lacs (Previous Year: Rs.
456.13 Lacs)]

Total

863.64

2,032.08

863.64

2,032.08

(b) Other Commitments


Letter of financial support provided to Reckitt Piramal Private Limited, wholly owned
subsidiary company.
41

44

Transfer Pricing
The Company has appointed independent consultant for conducting a Transfer pricing study to determine whether the transactions
with the associate enterprises were undertaken at "arms length prices". The management confirms that all transactions with associate
enterprises are undertaken at negotiated contracted prices on usual commercial terms. The transfer pricing study for the year ended
March 31, 2012 has been completed which did not result in any adjustment.
Disclosures in respect of Micro, Small and Medium Enterprises as defined under the Micro, Small and Medium Enterprises
Development Act, 2006. are as specified below:

Particulars
The principal amount remaining
unpaid for more than fourty five days
as at the end of year;
The interest due thereon;
Total interest paid on all delayed
payments during the year under the
provisions of the Act.
The amount of interest due and
payable, On delayed payments made
but without adding the interest
specified under the Micro, Small and
Medium Enterprises Development
Act, 2006

Year ended
March 31, 2013

For the period from


January 1, 2011 to
March 31, 2012

1,533.60

448.64

Nil*

Nil*

Nil*

Nil*

Nil*

Nil*

65

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

The amount of interest accrued and


remaining unpaid at the year end

Nil*

Nil*

* The Company has not provided for interest on the balance outstanding as the Company has been paying to its vendors as per the
negotiated credit period. The Company does not envisage any material impact on the financial statements in this regard.

45

(i)

(ii)

Previous Year comparatives


The financial statements for the period ended March 31, 2012 had been prepared as per the then applicable, pre-revised Schedule VI
to the Companies Act, 1956.Consequent to the notification of Revised Schedule VI under the Companies Act,1956, the financial
statements for the year ended March 31, 2013 are prepared as per Revised Schedule VI. Accordingly, the previous year figures have
also been reclassified to conform to this years classification. The adoption of Revised Schedule VI for previous year figures does not
impact recognition and measurement principles followed for preparation of financial statements.
Previous period's figures are for 15 months period ended March 31, 2012 and hence, are not comparable with the current year
figures.

[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Disclosure of accounting policies, change in accounting policies and
changes in estimates explanatory [TextBlock]

Textual
information
[See below]

66

(43)

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (43)


Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
1

Nature of Operations
Reckitt Benckiser (India) Limited (the Company) is Fast Moving Consumer Goods (FMCG) Company having
household brands in the Health, Food, Home and Hygiene product categories.

Significant Accounting Policies

2.1

Basis of preparation
The financial statements are prepared in accordance with the Indian Generally Accepted Accounting Principles ("GAAP")
under the historical cost convention on the accrual basis. The Financial Statements are prepared to comply in all material
aspects with the applicable accounting principles in India, the applicable accounting standards notified u/s 211(3C) [
Companies (Accounting Standards) Rules, 2006, as amended] and the relevant provisions of the Companies Act, 1956.
Accounting policies have been consistently applied except where a newly issued accounting standard is initially adopted or
a revision to an existing accounting standard requires a change in the accounting policy hitherto in use.
All assets and liabilities have been classified as current or non-current as per the Companys normal operating cycle and
other criteria set out in the Schedule VI to the Companies Act, 1956. Based on the nature of products and time between the
acquisition of assets for processing in cash equivalents, the Company has ascertained its operating cycle as 12 months for
the purpose of current- non-current classification as assets and liabilities.
Use of estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management
to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent
liabilities at the date of the financial statements and the results of operations during the reporting period. Although these
estimates are based upon managements best knowledge of current events and actions, actual results could differ from these
estimates.

2.2

Tangible assets

a)

Tangible assets are stated at cost of acquisition and subsequent improvements thereto including taxes, duties (excluding
Excise Duty/Countervailing duty paid to the extent of which MODVAT/CENVAT is availed), freight and other incidental
expenses related to a acquisition and installation.

b)

Capital work in progress is stated at cost.

c)

Depreciation

i)
(a)
(b)
(c)
(d)

Depreciation on tangible assets (including those utilized in research and development (R&D) activities) is provided on
straight line method at the rates prescribed in schedule XIV of the Companies Act, 1956, except for the following classes of
tangible assets.
Vehicles
20%
Computers
33.33%
Room Air Conditioner, Refrigerator and Electrical Equipment 20%
Leasehold improvements
In the First Year of Lease

ii)

All assets acquired after January 1, 2003 and costing less than British Pound 1000 (converted into equivalent INR at the
date of transaction) are fully depreciated in the year of acquisition.

iii)

Moulds and die sets (Included in Plant and Machinery) are depreciated fully in the year of acquisition.

e)

Amortisation

i)

Leasehold land are amortised over the period of lease.

2.3

Intangible Assets

i)

Computer Software is stated at its original cost of acquisition including all related expenses of acquisition and installation is
amortised over a period of one to three years, being the estimated useful life.

ii)

Trade Marks are stated at their original cost of acquisition including all related expenses of acquisition are amortised over a
period of one to ten years, being the estimated useful life reviewed at each year end.

2.4

Impairment
Asset that are subject to depreciation/amortization are reviewed for impairment whenever events or changes in
circumstances indicate that carrying amount may not be recoverable. An impairment loss is recognized for the amount by
which the assets carrying amount exceeds its recoverable amount.

2.5

Investments
Long term investments are valued at cost. A provision for diminution is made to recognize a decline other than temporary,
67

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

in the value of long term investments.


2.6

Inventories
Inventories are valued at lower of cost, computed on a weighted average basis, and estimated net realisable value, after
providing cost of obsolescence and other anticipated losses wherever considered necessary. Value of raw materials and
packing materials does not include Excise duty/Countervailing duty paid to the extent to which MODVAT/CENVAT is
availed. Finished goods and work in progress include costs of conversion and other costs and duties incurred in bringing the
inventories to their present location and condition.

2.7

Revenue recognition

a)

Sales are recognized when goods are dispatched and are recorded net of trade discounts, rebates and sales tax but include
excise duties, wherever applicable.

b)

Interest on investment is booked on a time proportion basis considering the amounts invested and the rate of interest.

c)

Dividend income on investment is accounted for when the right to receive payment is established.

2.8

Employee benefits

a)

Defined Contribution Plans :


To meet employee related obligation Company contributes towards various State plans namely Employers Contribution to
Regional Provident Fund, Employers Contribution to Employees Pension Scheme 1995, Employees State Insurance Fund
where the Company has no further obligations. Such benefits are classified as Defined Contribution Schemes and are
charged to revenue in the year in which they arise.
Superannuation Fund : The Company has defined contribution plan for post employment benefits namely Superannuation
Fund which is recognized by the Income Tax Authorities. This fund is administered through trustees and the Companys
contribution thereto is charged to revenue in the year in which they arise.

b)

Defined Benefit plans :


In respect of certain employees, provident fund and pension fund contributions are made to trusts administered by the
Company. The Companys liability is actuarially determined (using the Projected Unit Credit method for pension fund;
Deterministic Approach for provident fund) such actuarial valuation is carried out once in three years and any shortfall in
the fund size maintained by the trust set up by the Company is additionally provided for. Actuarial losses/ gains are
recognised in the Profit and Loss in the year in which they arise.
Gratuity: The Company provides for gratuity, a defined benefit plan (the Gratuity Plan) covering eligible employees in
accordance with The Payment of Gratuity Act, 1972. The gratuity plan provides a lump sum payment to vested employees
at retirement, death, incapacitation or termination of employment, of an amount based on the respective employees salary
and the tenure of employment. The Companys liability is actuarially determined (using the Projected Unit Credit method)
once in three years. Actuarial losses/ gains are recognised in the Statement of Profit and Loss in the year in which they
arise.
The Company also have defined benefit plans for leave encashment and retirement benefit pay plan for workers, the
liability for which is determined on the basis of an actuarial valuation.

2.9

Provision for debtors


Dues from Group Companies and Government entities are provided on the basis of the evaluation of its recovery, while
provision for other dues is made in the accounts on the following basis:
Rate
Current debts
1.0%
Overdue debts between 1 and 30 days
5.0%
Overdue debts between 31 and 60 days
10.0%
Overdue debts between 61 and 90 days
25.0%
Overdue debts over 91 days
100.0%

2.10

Foreign currency transactions

a)

All foreign currency transactions are recorded at the exchange rate prevailing on the date of transaction.
Monetary assets and liabilities related to foreign currency transactions remaining unsettled at the end of the year are
translated at year end rates.
The difference in translation of monetary assets and liabilities and realized gains and losses on foreign exchange
transactions are recognized in the profit & loss statement.
Non-monetary items which are carried in terms of historical cost denominated in a foreign currency are reported using the
exchange rate at the date of the transaction.

b)
c)
d)
2.11

Taxation

a)

Current tax is determined as the amount of tax payable in respect of taxable income for the year.

b)

Deferred tax is recognized, subject to consideration of prudence, on timing differences, being difference between taxable
and accounting income/expenditure that originate in one year and are capable of reversal in one or more subsequent years
and is carried forward only to the extent that there is reasonable certainty that sufficient future taxable income will be
available against which such deferred tax assets can be realized.
68

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

2.12

Leases
Lease rentals in respect of assets taken on operating leases are charged to the Statement of Profit and Loss on straight line
basis over the term of the lease.

2.13

Provisions & contingent liabilities


A provision is recognised when an enterprise has a present obligation as a result of past event; it is probable that an outflow
of resources will be required to settle the obligation, in respect of which a reliable estimate can be made. Provisions are not
discounted to its present value and are determined based on best estimate required to settle the obligation at the balance
sheet date. These are reviewed at each balance sheet date and adjusted to reflect the current best estimates.
Contingent liabilities are disclosed when there is a possible obligation arising from past events, the existence of which will
be confirmed only by the occurrence or non occurrence of one or more uncertain future events not wholly within the
control of the company or a present obligation that arises from past events where it is either not probable that an outflow
resources will be required to settle or a reliable estimate of the amount cannot be made.

2.14

Segment reporting
The accounting policies adopted for segment reporting are in line with accounting policies of the Company. Revenue,
expenses, assets and liabilities, which relate to the company as a whole and do not relate to any segment, are not allocated.

2.15

Cash and cash equivalents


Cash and cash equivalents for the purpose of cash flow statement comprise cash at bank and in hand, short-term
investments with an original maturity of three months or less and remittances in transit.

2.16

Earning per share


Basic earnings per share are calculated by dividing the net profit or loss for the period attributable to equity shareholders by
the weighted average number of equity shares outstanding during the period. The weighted average number of equity
shares outstanding during the period is adjusted for in the event of a bonus issue.
For the purpose of calculating diluted earnings per share, the net profit or loss for the period attributable to equity
shareholders and the weighted average number of shares outstanding during the period are adjusted for the effects of all
dilutive potential equity shares.

[201200] Notes - Employee benefits


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Textual
[See below]

Disclosure of employee benefits explanatory [TextBlock]

69

information

(44)

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (44)


Disclosure of employee benefits explanatory [Text Block]
EMPLOYEE BENEFITS
The Company has classified the various benefits provided to
employees as under I

Defined Contribution Plans


a. Superannuation: Reckitt Benckiser India Employees
Superannuation Fund.
b. Payment to Pension Cost for
Expatriate.

II

State Plans
a.
Employers Contribution to Employees
State Insurance
b.
Employers Contribution to Employees
Pension Scheme 1995.
c.
Employers Contribution to Regional
Provident Fund

III

Defined Benefit Plans


The Company has defined benefit plans with respect to Pension, Gratuity, Leave Encashment, Workers Retirement Plan and
Provident Fund. The Company performs an actuarial valuation once in 3 year interval period, the same was last carried out in
December 2010. The disclosures in December 2010 are stated below:
Assumptions
Year Ended
Year Ended
December 31,
December 31,
2010
2009*
Rate
Rate
Particulars
Discount Rate (per annum)
7%
7%
Rate of Increase in compensation levels (weighted
11%
15%
Average)
Rate of Return on Planned assets
8%
7%

(A)

Change in the Present Value of


Obligation
Particulars

Interest Cost
Past Service Cost
Current Service Cost
Curtailment Cost/ (Credit)
Settlement Cost/ (Credit)
Benefit Paid
Actuarial (Gain)/Loss on
Obligation
Present Value of Obligation as at December 31,2010

Year Ended
December 31,
2010

Year Ended
December 31,
2009*

4,075.26

3,478.20

282.13

235.96

270.11
-

191.90
-

(89.68)

(214.47)

(136.75)

120.77
4,401.07

(B)

Change in Fair Value of Plan


Assets

70

3,812.36

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Particulars
Year Ended
December 31,
2010
Fair Value of Plan Assets as at
January 1, 2010

71.27

120.52

Benefits Paid

(89.68)

(214.48)

Actuarial (Gain)/Loss on Plan


Assets
Fair Value of Plan Assets as at December 31,2010

(265.51)

Details of Present Value of Obligation, Plan Assets and Experience


Adjustments

Year Ended
December 31,
2010

Year Ended
December 31,
2009*

4,401.07

3,812.36

5,075.95

4,040.39

(265.51)

(419.14)

(136.75)

120.77

(419.15)
5,075.95

Present Value of Obligation


Fair Value of Plan Assets
Experience Adjustment of
Plan Assets [(Gain)/Loss]
Experience Adjustment of
obligation [(Gain)/Loss]

(D)

292.28

399.48

Contributions

(C)

4310.44

4,911.14

Expected Return on Plan Assets

Year Ended
December 31,
2009*

4,040.36

With respect to pension the Company has a marginal over funding as per the actuarial valuation carried out at December 2010
which was not recognised in the Statement of Profit & Loss. Since no asset/liability or income/expense has been recognized in the
Balance Sheet and Statement of Profit & Loss of the Company for the year ended 2010 the applicable disclosures are being made
accordingly.
* Refer note 25 (III) for actuarial valuation
performed once in three years.

(E)

The disclosures for Provident Fund are limited to the extent of


disclosures provided by the actuary.

(F)

Expense recognized in Statement of Profit & Loss.


Particulars

Current Service Cost


Past Service Cost
Interest Cost
Expected Return on Plan Assets
Actuarial (Gain)/Loss recognized
in the year
Expense recognised in the Statement of Profit &
Loss
(G)

Year Ended
December 31,
2010

Year Ended
December 31,
2009*

177.69

66.11

4.00

(15.68)

63.90

42.86

(79.10)

(49.87)

155.10

26.50
321.59

69.92

Constitution of Plan Assets


All plan assets of defined benefit funds primarily constitute debt
instruments.

(H)

Company expects to Contribute Rs 341.61 Lacs (Previous year Rs 240 Lacs) for Gratuity
in next financial year .

IV

During the financial year, the Company has recognised the following amounts in the Statement of Profit and Loss on account of
various employee plans.
71

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Particulars

- Defined Benefit Plans


- Gratuity
- Leave Encashment
- Worker retirals
- Reckitt & Colman of India Staff Provident Fund

- Employers Contribution to Employees State


Insurance
- Employers Contribution to Employees Pension
Scheme 1995
- Employers Contribution to Regional Provident
Fund
- Reckitt Benckiser India Employees Superannuation Fund
- Payment to Pension Cost for Expatriate

Year ended
March 31, 2013

For the period from


January 1, 2011 to
March 31, 2012

714.83

488.29

309.53

137.70

2.57

2.76

(25.12)

402.73

372.95

1.38

6.91

71.55

77.84

28.45

26.29

331.31

265.30

141.34

104.26

[201300] Notes - Segments


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Textual
information
[See below]

Disclosure of enterprise's reportable segments explanatory [TextBlock]

72

(45)

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (45)


Disclosure of enterprise's reportable segments explanatory [Text Block]
30

Segment Information

Business Segments
Company has considered "Business Segments" as the "Primary Segment" for disclosure. Till previous year ended March 31, 2012,
the Company's business segments were divided into Food, Household, Healthcare & Personal Care. However, for better
presentation of events and transactions in the financial statements, the Company has reassessed its business segments and have
bifurcated the same into Health, Hygiene, Home and Food.
Home segment includes shoe care, polishes, air care and fabric care (pre and post wash). Hygiene includes pest control, lavatory
care, floor care, toiletries and dishwashing. Healthcare includes antiseptics, analgesics, bulk drugs, foot care, sexual wellbeing etc.
Food represents barley products.

Information about Secondary segments - Geographical Segment


Geographical Segment is the "Secondary Segment" depending on location of its market, i.e. within India and out of India. Company
doesn't have any reportable secondary segment based on the threshold criteria of 10% as per Accounting Standard AS-17 'Segment
Reporting'.

1
2

Note:
Segments have been identified in line with the Accounting Standard on Segment Reporting (AS-17), taking into account the
organisation structure as well as the risks and returns of these segments.
Segment revenue, results and total assets and liabilities figures include the respective amounts identifiable to each of the segments.
Other unallocated expenditure includes expenses incurred on common services provided to the segments which are not directly
identifiable to the individual segments as well as expenses incurred at corporate level which relate to the company as a whole.
Assets and liabilities figures are as at March 31, 2013. Unallocated assets mainly relate to fixed assets at corporate & regional
offices. Unallocated capital expenditure and depreciation represent common assets, mainly computer software, hardware and
corporate assets and depreciation thereon.
Segment Expenses/Income
(i) Expenses/Income directly identifiable with the segment are charged to the respective segment.
(ii) Common expenses like Selling cost, royalty are apportioned between the segments on the basis of the Sales.
Unallocated corporate expenses include expenses of common departments like depreciation & amortisation, other income,
provisions for impairment and taxation which are incurred at a corporate level and which are not amenable to any apportionment
between the business segments by their nature.

[201600] Notes - Related party


Disclosure of relationship and transactions between related parties [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 1

01/04/2012
to
31/03/2013

Related Party 2

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party

(A)
Lancaster (B) Lancaster Square (C)
Oxy Reckitt (D)
Oxy Reckitt
Square Holdings SL Holdings SL
Benckiser Korea
Benckiser Korea

Country of incorporation or residence of related


party

SPAIN

Description of nature of related party relationship


Description of nature of transactions with related
party

SPAIN

Korea, Republic of

Korea, Republic of

Fellow Subsidiary Fellow


Subsidiary Fellow Subsidiary Fellow
Subsidiary
company
company
company
company
Capital Reduction Capital
Reduction Expenses Incurred Expenses
Incurred
Payment,Dividend Payment,Dividend
and
recovered/ and
recovered/
payments
payments
recoverable
recoverable

Related party transactions [Abstract]


Other related party transactions expense
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties
73

908.67

851.88

6.02

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(C) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(D) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

74

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 3

01/04/2012
to
31/03/2013

Related Party 4

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and


transactions between
related parties [Abstract]
Disclosure of relationship and
transactions between
related parties [LineItems]
Name of related party

(A)
Reckitt Benckiser (B)
Reckitt Benckiser (C)
PT Reckitt Benckiser (D)
PT Reckitt Benckiser
Healthcare India Limited
Healthcare India Limited
Indonesia
Indonesia

Country of incorporation or
India
India
INDONESIA
residence of related
party
U24231HR1980PLC044172 U24231HR1980PLC044172
CIN of related party
Description of nature of related
Associate
Associate
Fellow Subsidiary company
party relationship
Description of nature of
transactions with related
party
Related party transactions
[Abstract]
Purchases of goods related
party transactions
Revenue from sale of goods
related party
transactions
Purchases of tangible assets
related party
transactions
Sales of tangible assets related
party
transactions
Revenue from rendering of
services related
party transactions
Reimbursement of expenses
incurred by
related party during year
related party
transactions
Other related party
transactions expense
Other related party
transactions income
Outstanding balances for related
party
transactions [Abstract]
Amounts payable related party
transactions
Amounts receivable related
party transactions
Amount written off during
period in respect
of debts due from related parties

INDONESIA

Fellow Subsidiary company

Sale of Goods / Services / Sale of Goods / Services /


Others,Income from S e r v i c e Others,Income from S e r v i c e
s Rendered,Purchase of Go o d s Rendered,Purchase of Go o d
Textual information (46) Textual information (47)
s a n d services,Expenses s a n d services,Expenses
[See below]
[See below]
Incurred
and Incurred
and
recovered/recoverable,Expenses recovered/recoverable,Expenses
Paid,Debtors/Receivable
Paid,Debtors/Receivable

35,568.89

42,611.94
243.01

392.58

5.35

249.81

1,803.14

232.57

171.85

25.83

3.56

5.52

2,723.9

5,511.13

18.99

6.47

1,198.35

-3,026.71

-7,666.54

2,136.87

1,182.95

438.74

Amount written back during


period in respect
of debts due to related parties

75

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(C) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(D) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
Disclosure of relationship and transactions between related parties [Table]

..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 5

01/04/2012
to
31/03/2013

Related Party 6

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party
Country of incorporation or residence of related
party
CIN of related party
Description of nature of related party relationship
Description of nature of transactions with related
party
Related party transactions [Abstract]
Other related party transactions expense
Outstanding balances for related party
transactions [Abstract]
Amounts receivable related party transactions
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

Qingdao
New Qingdao
New
Bridge Corporate Bridge Corporate (A)
Reckitt Benckiser (B)
Reckitt Benckiser
Management
Management
Investments India Private Investments India Private
Consulting
Co., Consulting Co., Ltd- Limited
Limited
Ltd- China (SSL) China (SSL)
CHINA

CHINA

India

India

U65993HR2011PTC042069 U65993HR2011PTC042069
Fellow Subsidiary Fellow Subsidiary
Fellow Subsidiary company Fellow Subsidiary company
company
company
Expenses Incurred and Expenses Incurred and
Other Expenses
Other Expenses
recovered/recoverable
recovered/recoverable
1.19

117.05

2.57

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

76

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 7

01/04/2012
to
31/03/2013

Related Party 8

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions


between
related parties [Abstract]
Disclosure of relationship and
transactions between
related parties [LineItems]
Name of related party

(A)
RECKITT (B)
RECKITT
(C)
Reckitt & Colman (D)
Reckitt & Colman
BENCKISER
SCHOLL BENCKISER
SCHOLL
(Overseas) Ltd
(Overseas) Ltd
INDIA LIMITED
INDIA LIMITED

Country of incorporation or residence of


India
India
UNITED KINGDOM
UNITED KINGDOM
related
party
U24232TN1994PLC048002 U24232TN1994PLC048002
CIN of related party
Description of nature of related party
Fellow Subsidiary company Fellow Subsidiary company Fellow Subsidiary company Fellow Subsidiary company
relationship
Description of nature of transactions
with related
party
Related party transactions [Abstract]
Purchases of goods related party
transactions
Revenue from rendering of services
related
party transactions
Reimbursement of expenses incurred
by
related party during year related party
transactions
Other related party transactions
expense
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party
transactions
Amounts receivable related party
transactions
Amount written off during period in
respect
of debts due from related parties
Amount written back during period in
respect
of debts due to related parties

Income from Services Income from Services


R o y a l t yR o y a l t y
Rendered, Purchase of Rendered, Purchase of
expense,Creditors
expense,Creditors
Goods
andGoods
and
/Payables,ExpensesIncurred /Payables,ExpensesIncurred
services,Expenses Incurred services,Expenses Incurred
and recovered/recoverable, and recovered/recoverable,
and recovered/ recoverable, and recovered/ recoverable,
Debtors/Receivable
Debtors/Receivable
Expenses Paid
Expenses Paid

118.29

-11.36

30.59

80.36

10,809.83

15,062.63

-145.11

-2,557.34

55.45

13.17

18.19

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(C) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(D) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

77

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(5)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 9

01/04/2012
to
31/03/2013

Related Party 10

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party

(A)
Reckitt (B)
Reckitt (C)
Benckiser
Benckiser
Benckiser
(Bangladesh) Ltd
(Bangladesh) Ltd
Limited

Country of incorporation or residence of related


party

Bangladesh

Description of nature of related party relationship


Description of nature of transactions with related
party

Bangladesh

Reckitt (D)
(Brands) Benckiser
Limited

United Kingdom

Reckitt
(Brands)

United Kingdom

Fellow Subsidiary Fellow


Subsidiary Fellow
Subsidiary Fellow
Subsidiary
company
company
company
company
Expenses Incurred Expenses
Incurred
Debtors/Receivable Debtors/Receivable a n d
a n d
recovered/recoverable recovered/recoverable

Related party transactions [Abstract]


Revenue from sale of goods related party
transactions
Revenue from rendering of services related
party transactions
Other related party transactions expense
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions
Amounts receivable related party transactions
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

263.74

246.31
292.66

4,089.98

18.4

62.24

-2,820.03
302.61

0
0

Footnotes
(A)
(B)
(C) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(D) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

78

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(6)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 11

01/04/2012
to
31/03/2013

Related Party 12

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party

(A)
Benckiser
Inc

Country of incorporation or residence of related


party

Canada

Description of nature of related party relationship


Description of nature of transactions with related
party

Reckitt (B)
(Canada) Benckiser
Inc

Reckitt
Reckitt Benckiser Reckitt
Benckiser
(Canada)
(Hungary) KFT
(Hungary) KFT

Canada

Hungary

Hungary

Fellow
Subsidiary Fellow
Subsidiary Fellow Subsidiary Fellow
Subsidiary
company
company
company
company
Expenses Incurred Expenses
Incurred
Purchase of Goods Purchase of Goods
a n d
a n d
and services
and services
recovered/recoverable recovered/recoverable

Related party transactions [Abstract]


Purchases of goods related party transactions
Other related party transactions expense
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

11.24

558.17

-619.63

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

79

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(7)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related
parties [Axis]

Related Party 13

01/04/2012
to
31/03/2013

Related Party 14

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of
relationship and
transactions between
related parties [Abstract]
Disclosure of
relationship and
transactions between
related parties
[LineItems]
Name of related
party
Country of
incorporation or residence
of related
party
Description of
nature of related party
relationship
Description of
nature of transactions with
related
party
Related party
transactions [Abstract]
Purchases of goods
related party transactions
Revenue from sale
of goods related party
transactions
Purchases of
tangible assets related
party
transactions
Revenue from
rendering of services
related
party transactions
Reimbursement of
expenses incurred by
related party
during year related party
transactions
Other related party
transactions expense
Outstanding
balances for related party
transactions
[Abstract]
Amounts payable
related party transactions
Amounts
receivable related party
transactions
Amount written off
during period in respect
of debts due from
related parties
Amount written
back during period in
respect
of debts due to
related parties

(A)
Reckitt Benckiser (B)
Reckitt Benckiser Reckitt Benckiser (Malaysia) Sdn Reckitt Benckiser (Malaysia) Sdn
(Lanka) Ltd
(Lanka) Ltd
Bhd
Bhd
SRI LANKA

SRI LANKA

MALAYSIA

MALAYSIA

Fellow Subsidiary company Fellow Subsidiary company Fellow Subsidiary company

Fellow Subsidiary company

Sale of Goods / Services Sale of Goods / Services Purchase of fixed Assets,Sale of Purchase of fixed Assets,Sale of
/Others,Income
from /Others,Income
from Goods and Services,Income from Goods and Services,Income from
Services Rendered,Purchase Services Rendered,Purchase Services Rendered,Purchase of Fixed Services Rendered,Purchase of Fixed
o f G o o d s a n d o f G o o d s a n d Assets,Expenses
Paid, Assets,Expenses
Paid,
services,Debtors/Receivable, services,Debtors/Receivable, Debtors/Receivable,Creditors/Payable Debtors/Receivable,Creditors/Payable

10.36

318.09

346.7

36.54

3.99

3.51

22.27

65.67

306.44

1.03

0.84

0.8

4.38

-1.07

-13.41

-22.81

217.13

118.6

6.82

80

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
Disclosure of relationship and transactions between related parties [Table]

..(8)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 15

01/04/2012
to
31/03/2013

Related Party 16

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party

(A)
Reckitt (B)
Reckitt
Reckitt Benckiser Reckitt
Benckiser
Benckiser
Benckiser (Singapore)
(Phillipines) Inc.
(Phillipines) Inc.
(Singapore) Pte Ltd Pte Ltd

Country of incorporation or residence of related


party

Philippines

Description of nature of related party relationship

Description of nature of transactions with related


party

Philippines

Singapore

Singapore

Fellow Subsidiary Fellow


Subsidiary Fellow Subsidiary Fellow
Subsidiary
company
company
company
company
Income
from
Income from Services
Services Rendered,
Rendered, Purchase of
Revenue
from Revenue
from Purchase of Goods
Goods and services,
rendering of services rendering of services and
services,
Expenses
Incurred
related
party related
party Expenses Incurred
and
recovered/
transactions
transactions
and
recovered/
recoverable, Expenses
recoverable,
Paid
Expenses Paid

Related party transactions [Abstract]


Purchases of goods related party transactions
Revenue from rendering of services related
party transactions
Reimbursement of expenses incurred by
related party during year related party
transactions
Other related party transactions expense
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions
Amounts receivable related party transactions
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

46.51

1,555.6

1,152.76

101.24

4.32

4.88

7.29

9.49

-272.96
7.18

-297.95
0

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

81

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(9)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 17

01/04/2012
to
31/03/2013

Related Party 18

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party

(A)
Reckitt (B)
Reckitt (C)
Reckitt (D)
Reckitt
Benckiser (Thailand) Benckiser (Thailand) B e n c k i s e r
Benckiser
L
L
Arabia-Kenya
Arabia-Kenya

Country of incorporation or residence of related


party

Thailand

Description of nature of related party relationship

Description of nature of transactions with related


party

Thailand

Kenya

Kenya

Fellow
Subsidiary Fellow
Subsidiary Fellow Subsidiary Fellow
Subsidiary
company
company
company
company
Purchase of Goods Purchase of Goods
and
services, and
services,
Expenses Incurred Expenses
Incurred
Expenses Incurred Expenses
Incurred
a n d
a n d
and
recovered/ and
recovered/
recovered/recoverable recovered/recoverable
recoverable,
recoverable, Expenses
Expenses Paid
Paid

Related party transactions [Abstract]


Purchases of goods related party transactions
Revenue from sale of goods related party
transactions
Revenue from rendering of services related
party transactions
Reimbursement of expenses incurred by
related party during year related party
transactions
Other related party transactions expense
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

215.31

21.05

6.04

328.33

0.68

3.6

-0.68

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(C) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(D) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

82

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(10)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 19

01/04/2012
to
31/03/2013

Related Party 20

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party

Reckitt Benckiser Reckitt


Benckiser Reckitt Benckiser Reckitt
Benckiser
Australia Pty Ltd
Australia Pty Ltd
Brasil LTDA
Brasil LTDA

Country of incorporation or residence of related


party

AUSTRALIA

Description of nature of related party relationship


Description of nature of transactions with related
party
Related party transactions [Abstract]
Purchases of goods related party transactions
Sales of tangible assets related party
transactions
Reimbursement of expenses incurred by
related party during year related party
transactions
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions
Amounts receivable related party transactions
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

AUSTRALIA

Brazil

Brazil

Fellow Subsidiary Fellow


Subsidiary Fellow Subsidiary Fellow
Subsidiary
company
company
company
company
Purchase of Goods Purchase of Goods
Sale of fixed Assets Sale of fixed Assets
and services
and services

83

54.25

27.67

2.04

-2.06
27.15

0
0

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(11)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related
parties [Axis]

Related Party 21

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
Country of
incorporation or
residence of related
party
Description of
nature of related party
relationship
Description of
nature of transactions
with related
party
Related party
transactions [Abstract]
Purchases of
goods related party
transactions
Revenue from
sale of goods related
party
transactions
Revenue from
rendering of services
related
party
transactions
Reimbursement
of expenses incurred
by
related party
during year related
party
transactions
Other related
party transactions
expense
Outstanding
balances for related
party
transactions
[Abstract]
Amounts
payable related party
transactions
Amounts
receivable related
party transactions
Amount written
off during period in
respect
of debts due
from related parties

Related Party 22

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

(A)
Reckitt Benckiser (B)
Reckitt Benckiser
Reckitt Benckiser France SAS
Corporate Services Ltd., UK
Corporate Services Ltd., UK

Reckitt Benckiser France SAS

UNITED KINGDOM

UNITED KINGDOM

FRANCE

FRANCE

Fellow Subsidiary company

Fellow Subsidiary company

Fellow Subsidiary company

Fellow Subsidiary company

Income
from
Services Income
from
Services
Rendered,Expenses Incurred Rendered,Expenses Incurred Sale of Goods / Services / Others,Purchase Sale of Goods / Services / Others,Purchase
a n d
a n d
of
Goods
and
services,Expenses of
Goods
and
services,Expenses
recovered/recoverable,Expenses recovered/recoverable,Expenses Paid,Debtors/Receivable,,Creditors/Payable Paid,Debtors/Receivable,,Creditors/Payable
Paid,1) Debtors/Receivable
Paid,1) Debtors/Receivable

248.96

334.02

307.58

184.79

1,019.07

773.58

172.59

464.46

2,698.05

4,168.72

-98.29

-51.44

-43.02

-54.52

529.95

1,395.54

55.33

39.25

84

8.99

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Amount written
back during period in
respect
of debts due to
related parties

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
Disclosure of relationship and transactions between related parties [Table]

..(12)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 23

01/04/2012
to
31/03/2013

Related Party 24

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party

(A)
Reckitt (B)
Reckitt
Benckiser Healthcare Benckiser Healthcare Reckitt Benckiser Reckitt
Benckiser
Manufacturing
Manufacturing
Hong Kong Limited Hong Kong Limited
(Thailand) LTD
(Thailand) LTD

Country of incorporation or residence of related


party

Thailand

Description of nature of related party relationship


Description of nature of transactions with related
party

Thailand

Hong Kong

Hong Kong

Fellow
Subsidiary Fellow
Subsidiary Fellow Subsidiary Fellow
Subsidiary
company
company
company
company
Expenses Incurred Expenses
Incurred
Sale of Goods and Sale of Goods and
a n d
a n d
Services
Services
recovered/recoverable recovered/recoverable

Related party transactions [Abstract]


Revenue from sale of goods related party
transactions
Other related party transactions expense
Outstanding balances for related party
transactions [Abstract]
Amounts receivable related party transactions
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

124.75

1.75

1.83

20.8

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

85

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(13)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 25

01/04/2012
to
31/03/2013

Related Party 26

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions


between
related parties [Abstract]
Disclosure of relationship and transactions
between
related parties [LineItems]
Name of related party

(A)
Reckitt (B)
Reckitt
Benckiser
Benckiser
Household
Household
(C) Reckitt Benckiser Inc., USA (D) Reckitt Benckiser Inc., USA
Products (China) Products (China)
Co Ltd.
Co Ltd.

Country of incorporation or residence of


related
party

China

China

Description of nature of related party


relationship

Fellow
Subsidiary
company

Fellow Subsidiary
Fellow Subsidiary company
company

Description of nature of transactions with


related
party

S a l e o f f i x e dS a l e o f f i x e d
Textual
Textual
Assets,Creditors/Payable,Expenses Assets,Creditors/Payable,Expenses
information (48) information (49) Incurred
and
recovered/ Incurred
and
recovered/
[See below]
[See below]
recoverable,Purchase of Goods recoverable,Purchase of Goods
and services
and services

Related party transactions [Abstract]


Purchases of goods related party
transactions
Revenue from sale of goods related party
transactions
Sales of tangible assets related party
transactions
Reimbursement of expenses incurred by
related party during year related party
transactions
Other related party transactions expense
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions
Amounts receivable related party
transactions
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect

UNITED STATES

1,497.92

1,253.13

579.19

854.79

UNITED STATES

Fellow Subsidiary company

24.72

31.63

7.58

16.02

74.13

11.41

17.76

1.81

34.53

1.66

-31.22

-302.16

-24.72

-26.69

436.29

178.18

of debts due to related parties

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(C) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(D) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

86

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(14)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 27

01/04/2012
to
31/03/2013

Related Party 28

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party

(C)
(A)
Reckitt (B)
Reckitt
Benckiser
Benckiser Italia SpA Benckiser Italia SpA
Russia

Country of incorporation or residence of related


party

italy

Description of nature of related party relationship


Description of nature of transactions with related
party

italy

Reckitt
(D)
Reckitt
LLC
Benckiser LLC Russia

Russian Federation

Russian Federation

Fellow Subsidiary Fellow


Subsidiary Fellow
Subsidiary Fellow
Subsidiary
company
company
company
company
Expenses Incurred Expenses
Incurred
Other related party Other related party
a n d
a n d
transactions expense transactions expense
recovered/recoverable recovered/recoverable

Related party transactions [Abstract]


Other related party transactions expense
Outstanding balances for related party
transactions [Abstract]
Amounts receivable related party transactions
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

1.01

35.41

5.99

42.04

6.24

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(C) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(D) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

87

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(15)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 29

01/04/2012
to
31/03/2013

Related Party 30

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party

(A)
Benckiser
Limited

Country of incorporation or residence of related


party

Nigeria

Description of nature of related party relationship


Description of nature of transactions with related
party

Reckitt (B)
Nigeria Benckiser
Limited

Reckitt (C)
Nigeria Benckiser
Netherland

Nigeria

Reckitt (D)
NV, Benckiser
Netherland

Netherlands

Reckitt
NV,

Netherlands

Fellow
Subsidiary Fellow
Subsidiary Fellow
Subsidiary Fellow
Subsidiary
company
company
company
company
Expenses Incurred and Expenses Incurred and
Expenses Incurred Expenses
Incurred
recovered/recoverable, recovered/recoverable,
a n d
a n d
Sale of Goods and Sale of Goods and
recovered/recoverable recovered/recoverable
Services
Services

Related party transactions [Abstract]


Revenue from sale of goods related party
transactions
Reimbursement of expenses incurred by
related party during year related party
transactions
Other related party transactions expense
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions
Amounts receivable related party transactions
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

0.05
0.76

18.38

32.27

411.48

622.93

8.08

-0.73
0

-86.23
0.31

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(C) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(D) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

88

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(16)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 31

01/04/2012
to
31/03/2013

Related Party 32

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party

(A)
Benckiser
Limited

Country of incorporation or residence of related


party

Pakistan

Description of nature of related party relationship


Description of nature of transactions with related
party

Reckitt (B)
Pakistan Benckiser
Limited

Reckitt Reckitt
Benckiser Reckitt
Benckiser
Pakistan Production (Poland) Production (Poland)
Sp. Z o.o.
Sp. Z o.o.

Pakistan

POLAND

POLAND

Fellow
Subsidiary Fellow
Subsidiary Fellow
Subsidiary Fellow
Subsidiary
company
company
company
company
Purchase of fixed Purchase of fixed
Sale of Goods and Sale of Goods and
Assets,Purchase of Go Assets,Purchase of Go
Services, Expenses Services, Expenses
o d s a n do d s a n d
Incurred
and Incurred
and
services,Expenses
services,Expenses
recovered/recoverable recovered/recoverable
Paid,Creditors/Payable Paid,Creditors/Payable

Related party transactions [Abstract]


Purchases of goods related party transactions
Revenue from sale of goods related party
transactions
Purchases of tangible assets related party
transactions
Reimbursement of expenses incurred by
related party during year related party
transactions
Other related party transactions expense
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions
Amounts receivable related party transactions
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

3.4

157.15

64.21

73.99

1.06

1.53

-161.63

-56.33

43.44

49.62

0.49

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

89

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(17)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 33

01/04/2012
to
31/03/2013

Related Party 34

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party

Reckitt Benckiser
Reckitt
Benckiser (A)
Reckitt (B)
Reckitt
Produktions GmbH
Produktions GmbH Benckiser
South Benckiser
South
Ladenburg,
Ladenburg, Germany Africa (Pty) Ltd
Africa (Pty) Ltd
Germany

Country of incorporation or residence of related


party

Germany

Description of nature of related party relationship


Description of nature of transactions with related
party

Germany

South Africa

South Africa

Fellow Subsidiary Fellow


Subsidiary Fellow
Subsidiary Fellow
Subsidiary
company
company
company
company
Expenses Incurred Expenses
Incurred
Purchase of goods, Purchase of goods,
a n d
a n d
Creditors/Payable
Creditors/Payable
recovered/recoverable recovered/recoverable

Related party transactions [Abstract]


Purchases of goods related party transactions
Revenue from sale of goods related party
transactions
Revenue from rendering of services related
party transactions
Other related party transactions expense
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions
Amounts receivable related party transactions
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

13.01

383.58
0

-6.93

1.02

22.04

121.03

1.12

57.63

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

90

0.27

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(18)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 35

01/04/2012
to
31/03/2013

Related Party 36

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party

(A)
Reckitt (B)
Reckitt (C)
Reckitt (D)
Reckitt
BenckiserHolding BenckiserHolding B e n c k i s e r
Benckiser Healthcare
GmbH
GmbH
Healthcare (UK) Ltd (UK) Ltd

Country of incorporation or residence of related


party

Germany

Description of nature of related party relationship

Description of nature of transactions with related


party

Germany

United Kingdom

United Kingdom

Fellow Subsidiary Fellow


Subsidiary Fellow Subsidiary Fellow
Subsidiary
company
company
company
company
Purchase of Goods Purchase of Goods
and
services, and
services,
Expenses Incurred Expenses
Incurred
Other
Other
and
recovered/ and
recovered/
recoverable,
recoverable, Expenses
Expenses Paid
Paid

Related party transactions [Abstract]


Purchases of goods related party transactions
Reimbursement of expenses incurred by
related party during year related party
transactions
Other related party transactions expense
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions
Amounts receivable related party transactions
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

50.51

45.61

-14.26

8.66

11.83
7.07

38.9
5.87

1.17

Footnotes
(A) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(B) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(C) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.
(D) Other related party transaction expense includes expenses incurred by Company on behalf of related party, royalty and dividend
payments.

91

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(19)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 37

01/04/2012
to
31/03/2013

Related Party 38

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party
Country of incorporation or residence of related
party
Permanent account number of related party
Description of nature of related party relationship
Description of nature of transactions with related
party

Ramchandran
Natrajan

Ramchandran
Natrajan

Gopal Mishra

Gopal Mishra

INDIA

INDIA

INDIA

INDIA

AABPN8427H
AABPN8427H
ABLPM7766R
ABLPM7766R
Key Management Key
Management Key Management Key
Management
Personnel
Personnel
Personnel
Personnel
Remuneration
to Remuneration to Key Remuneration
to Remuneration to Key
Key Management Management
Key Management Management
Personnel
Personnel
Personnel
Personnel

Transaction relating to key management personnel


[Abstract]
Remuneration for key managerial personnel
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

97.64

162.28

Disclosure of relationship and transactions between related parties [Table]

..(20)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 39

01/04/2012
to
31/03/2013

Related Party 40

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party
Country of incorporation or residence of related
party
Permanent account number of related party
Description of nature of related party relationship
Description of nature of transactions with related
party

Sreenivas
Nandigam

Rao Sreenivas
Nandigam

INDIA

Rao P r a d e e p
Krishnamurthy

INDIA

Pradeep
Krishnamurthy

INDIA

INDIA

ABWPR4508D
ABWPR4508D
AKSPK2849K
AKSPK2849K
Key Management Key
Management Key Management Key
Management
Personnel
Personnel
Personnel
Personnel
Remuneration
to Remuneration to Key Remuneration
to Remuneration to Key
Key Management Management
Key Management Management
Personnel
Personnel
Personnel
Personnel

Transaction relating to key management personnel


[Abstract]
Remuneration for key managerial personnel
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

92

248.07

59.44

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(21)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 41

01/04/2012
to
31/03/2013

Related Party 42

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between


related parties [Abstract]
Disclosure of relationship and transactions between
related parties [LineItems]
Name of related party
Country of incorporation or residence of related
party
Permanent account number of related party
Description of nature of related party relationship
Description of nature of transactions with related
party

Akhil Chandra

Akhil Chandra

Chander
Sethi

INDIA

INDIA

INDIA

Mohan

Chander Mohan Sethi


INDIA

AADPC3973D
AADPC3973D
AOKPS9522H
AOKPS9522H
Key Management Key
Management Key Management Key
Management
Personnel
Personnel
Personnel
Personnel
Remuneration
to Remuneration to Key Remuneration
to Remuneration to Key
Key Management Management
Key Management Management
Personnel
Personnel
Personnel
Personnel

Transaction relating to key management personnel


[Abstract]
Remuneration for key managerial personnel
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

363.33

1,279.85

1,288.92

Disclosure of relationship and transactions between related parties [Table]

..(22)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 43

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
Country of incorporation or residence of related
party
Permanent account number of related party
Description of nature of related party relationship
Description of nature of transactions with related
party

Related Party 44

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Parag Agarwal

Parag Agarwal

Rajesh Kumar Jha

Rajesh Kumar Jha

INDIA

INDIA

INDIA

INDIA

AABPA3067G
AABPA3067G
AFQPJ8673P
AFQPJ8673P
Key Management Key
Management Key Management Key
Management
Personnel
Personnel
Personnel
Personnel
Remuneration
to Remuneration to Key Remuneration
to Remuneration to Key
Key Management Management
Key Management Management
Personnel
Personnel
Personnel
Personnel

Transaction relating to key management personnel


[Abstract]
Remuneration for key managerial personnel
Amount written off during period in respect
of debts due from related parties
Amount written back during period in respect
of debts due to related parties

93

182.23

247.26

87.48

36.45

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Disclosure of relationship and transactions between related parties [Table]

..(23)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of related parties [Axis]

Related Party 45

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Disclosure of relationship and transactions between related parties [Abstract]


Disclosure of relationship and transactions between related parties [LineItems]
Reckitt Benckiser Reckitt Benckiser plc,
plc, UK
UK
UNITED
UNITED KINGDOM
KINGDOM
Holding company
Holding company
Dividend payments Dividend payments

Name of related party


Country of incorporation or residence of related party
Description of nature of related party relationship
Description of nature of transactions with related party
Related party transactions [Abstract]
Other related party transactions expense
Amount written off during period in respect of debts due from related parties
Amount written back during period in respect of debts due to related parties

1,678.57
0
0

1,510.71
0
0

Unless otherwise specified, all monetary values are in Lakhs of INR


01/04/2012
to
31/03/2013
Textual
information
[See below]
Yes
Yes
Section 4(1)(b)

Disclosure of notes on related party explanatory [TextBlock]


Whether there are any related party transactions during year
Whether company is subsidiary company
Section under which company is subsidiary

01/01/2011
to
31/03/2012
(50)
Yes
Yes
Section 4(1)(b)

Textual information (46)


Description of nature of transactions with related party
Creditors / Payables,Debtors/Receivable,Expenses Paid,Expenses Incurred and recovered/ recoverable,Dividend Received,Sale of fixed
Assets,Purchase of Goods / Services / Others,Income from Services Rendered,Purchase of Fixed Assets

Textual information (47)


Description of nature of transactions with related party
Creditors / Payables,Debtors/Receivable,Expenses Paid,Expenses Incurred and recovered/ recoverable,Dividend Received,Sale of fixed
Assets,Purchase of Goods / Services / Others,Income from Services Rendered,Purchase of Fixed Assets

Textual information (48)


Description of nature of transactions with related party
Sale of Goods / Services / Ot h e r s ,Ex p e n s e s Paid,Debtors/Receivable,Purchase of Goods and services,Expenses Incurred and recovered/
recoverable,Expenses P a i d , Debtors/Receivable,Creditors/Payable,

Textual information (49)


Description of nature of transactions with related party
Sale of Goods / Services / Ot h e r s ,Ex p e n s e s Paid,Debtors/Receivable,Purchase of Goods and services,Expenses Incurred and recovered/
recoverable,Expenses P a i d , Debtors/Receivable,Creditors/Payable,

94

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (50)


Disclosure of notes on related party explanatory [Text Block]
RELATED PARTIES WHERE CONTROL EXIST AND WITH WHOM THE COMPANY HAD
29
TRANSACTIONS IN THE
NORMAL COURSE OF BUSINESS
(i)

ENTERPRISES WHERE CONTROL EXISTS :


(a) Holding Company Reckitt Benckiser plc, UK
(b) Subsidiary Company Reckitt Piramal Private
Limited

(ii) ENTERPRISES WHERE COMMON CONTROL EXISTS :


Fellow Subsidiaries -

xviii)
xix)
xx)

Lancaster Square Holdings


SL
Reckitt Benckiser Corporate Services Ltd., UK
Reckitt & Colman (Overseas) Ltd., UK
Reckitt Benckiser Healthcare (UK) Ltd
Reckitt Benckiser (Bangladesh) Ltd.
Reckitt Benckiser (Lanka)
Ltd.
Reckitt Benckiser LLC, USA (formerly known as Reckitt Benckiser
Inc, USA)
Reckitt Benckiser Pakistan Limited
Reckitt Benckiser N.V., Netherland
PT. Reckitt Benckiser Indonesia
Benckiser Produktions GmbH Ladenburg, Germany
Reckitt Benckiser (Singapore) Pte Ltd.
Reckitt Benckiser France
SAS
Reckitt Benckiser Household Products (China) Co. Ltd
Reckitt Benckiser Arabia FZE, UAE.
Reckitt Benckiser Hungary
Kft
Reckitt Benckiser Nigeria
Ltd.
Reckitt Benckiser Australia Pty Ltd
Reckitt Benckiser (Malaysia) Sdn Bhd
Reckitt Benckiser South Africa (Pty) Ltd

xxi)

Reckitt Benckiser (ENA) B.V.

xxii)

Reckitt Benckiser Production (Poland) Sp. z o.o.

xxiii)

Oxy Reckitt Benckiser Korea

xxiv)

Qingdao New Bridge Corporate Management Consulting Co., Ltd- China (SSL)

xxv)

Reckitt Benckiser (Brands) Limited

xxvi)

Reckitt Benckiser Healthcare India Limited (formerly known as Paras Pharmaceuticals Limited)

xxvii)

Reckitt Benckiser LLC Russia

xxviii

Reckitt Benckiser (Canada) Inc

xxix)

Reckitt Benckiser Healthcare Manufacturing (Thailand) LTD

xxx)

Reckitt Benckiser Italia SpA

xxxi)

Reckitt Benckiser Arabia-Kenya

xxxii)

Reckitt Benckiser Scholl India Limited

xxxiii)

SSL Manufacturing (Thailand) Limited

i)
ii)
iii)
iv)
v)
vi)
vii)
viii)
ix)
x)
xi)
xii)
xiii)
xiv)
xv)
xvi)
xvii)

95

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

(ii)

xxxiv)

Reckitt Benckiser (Philippines) Inc.

xxxv)

Reckitt Benckiser Hong Kong Ltd

xxxvi)

Reckitt Benckiser Investment India Pvt Ltd

OTHER RELATED PARTIES WITH WHOM THE COMPANY HAD TRANSACTIONS:


(a) Key Management Personnel:

i)

Mr. Chander Mohan Sethi

Chairman & Executive Director

Managing Director upto 14th November 2012


and executive director w.e.f 15th November
2012

ii)

Mr. Parag Agarwal

Non - Executive Director

Executive Director upto 31 December, 2012


and Non -Executive w.e.f. 1st January 2013

iii)

Mr. Rajesh Kumar Jha

Executive Director

Upto 13 December, 2012

(Alternate Director to Mary Elizabeth Doherty)


iv)

Mr. Ramchandran Natrajan

Executive Director

From 4 April, 2012 till 31 January, 2013

v)

Mr. Gopal Mishra

Executive Director

w.e.f. 15 November, 2012

vi)

Mr. Akhil Chandra

Managing Director

w.e.f. 15 November, 2012

vii)

Mr. Pradeep Krishnamurthy

Executive Director

w.e.f. 6 February, 2013

viii)

Mr. Sreenivas Rao Nandigam

Executive Director

Upto January 5, 2012

(b) Employee's Benefit Plans where there is significant influence:


I) Reckitt & Colman of India Ltd Staff Provident Fund
II) Reckitt Benckiser (India) Limited Executive Staff Pension Fund
III) Reckitt Benckiser (India) Limited Senior Supervisory Staff & Personal Assistants Pension Fund
IV) Reckitt Benckiser (India) Gratuity Fund
V) Reckitt Benckiser India Employees Superannuation Fund

DISCLOSURE OF TRANSACTIONS DURING THE YEAR BETWEEN THE COMPANY AND RELATED PARTIES
(iii) IN THE NORMAL COURSE OF BUSINESS AND THE STATUS OF OUTSTANDING BALANCES AS ON MARCH
31, 2013
Sl.
Particulars
No.

Year

Subsidiary

Fellow
Subsidiary

Key Management
Employee
personnel &
Benefit Plans
relatives

Total

1,772.60

1,772.60

2,031.23

2,031.23

307.58

184.79

318.09

346.70

263.74

246.31

243.01

392.58

579.19

854.79

60.99

Holding
Company

Sale of Goods / Services


Apr-12-Mar-13
/ Others
Jan-11-Mar-12
Reckitt Benckiser
France SAS

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
(Lanka) Ltd.

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
(Bangladesh) Ltd

Apr-12-Mar-13
Jan-11-Mar-12

PT Reckitt
Benckiser Indonesia

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
Household Products
(China) Co Ltd.

Apr-12-Mar-13
Jan-11-Mar-12

Others

Apr-12-Mar-13

96

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Jan-11-Mar-12

6.06

4,537.54

4,537.54

Reckitt Benckiser
Corporate Services Ltd., Apr-12-Mar-13
UK

773.58

773.58

1,019.07

773.58

1,803.14

1,715.33

39,803.58

39,803.58

46,082.55

46,082.55

35,568.89

42,611.94

4,234.69

3,470.61

35.23

35.23

249.81

249.81

27.65

7.58

249.81

73.07

73.07

96.26

96.26

Income from Services


Rendered*

Apr-12-Mar-13
Jan-11-Mar-12

Jan-11-Mar-12
Reckitt Benckiser
Healthcare India
Limited

Apr-12-Mar-13
Jan-11-Mar-12

Others

Apr-12-Mar-13
Jan-11-Mar-12

Purchase of Goods /
Services / Others**

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
Healthcare India
Limited

Apr-12-Mar-13
Jan-11-Mar-12

Others

Apr-12-Mar-13
Jan-11-Mar-12

Sale of fixed Assets

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
Australia Pty Ltd

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
LLC, USA

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
Healthcare India
Limited

Apr-12-Mar-13
Jan-11-Mar-12

Purchase of fixed Assets Apr-12-Mar-13


Jan-11-Mar-12
Reckitt Benckiser
Production (Poland) Sp. Apr-12-Mar-13

97

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Z o.o.
Jan-11-Mar-12
Reckitt Benckiser
(Malaysia) Sdn Bhd

Apr-12-Mar-13
Jan-11-Mar-12

Others

Apr-12-Mar-13
Jan-11-Mar-12

Remuneration to Key
Management
Personnel***

Apr-12-Mar-13
Jan-11-Mar-12

Chander Mohan
Sethi

Apr-12-Mar-13
Jan-11-Mar-12

Parag Agarwal

Apr-12-Mar-13
Jan-11-Mar-12

Ramchandran
Natrajan

Apr-12-Mar-13
Jan-11-Mar-12

Rajesh Kumar Jha

Apr-12-Mar-13
Jan-11-Mar-12

Gopal Mishra

Apr-12-Mar-13
Jan-11-Mar-12

Akhil Chandra

Apr-12-Mar-13
Jan-11-Mar-12

Pradeep
Krishnamurthy

Apr-12-Mar-13
Jan-11-Mar-12

Sreenivas Rao
Nandigam

Apr-12-Mar-13
Jan-11-Mar-12

64.21

73.99

22.27

8.86

2,232.25

2,232.25

1,820.70

1,820.70

1,279.85

1,288.92

182.23

247.26

97.64

87.48

36.45

162.28

363.33

59.44

248.07

Holding
Company

Subsidiary

Fellow
Subsidiary

Key Management
Employee
personnel &
Benefit Plans
relatives

Reckitt Benckiser (India)


Limited
Notes to Financial
Statement for the year ended
March 31, 2013
(Amount in Rs. Lacs, unless
otherwise stated)
Sl.
Particulars
No.

Year

98

Total

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Contributions to
Employee's Benefit
Plans

Apr-12-Mar-13

Jan-11-Mar-12

Capital Reduction
Payment

Apr-12-Mar-13
Jan-11-Mar-12

Lancaster Square
Holdings SL

Apr-12-Mar-13
Jan-11-Mar-12

Dividend payments

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
plc, UK

Apr-12-Mar-13
Jan-11-Mar-12

Lancaster Square
Holdings SL

Apr-12-Mar-13
Jan-11-Mar-12

10 Dividend Received

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
Healthcare India
Limited

Apr-12-Mar-13
Jan-11-Mar-12

11

Expenses Incurred and


recovered/ recoverable

Apr-12-Mar-13

1,017.92

1,017.92

775.95

775.95

3,558.97

3,558.97

3,558.97

1,678.57

908.67

2,587.24

1,510.71

851.88

2,362.59

908.67

1,678.57
1,510.71
-

851.88

1,198.35

1,198.35

1,198.35

17.30

5,910.07

5,927.37

2.32

10,115.51

10,117.83

2,698.05

4,168.72

2,723.90

5,511.13

17.30

2.32

488.12

Jan-11-Mar-12

Reckitt Benckiser
Corporate Services Ltd., Apr-12-Mar-13
UK
Jan-11-Mar-12
Reckitt Benckiser
Healthcare India
Limited

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Piramal
Private Limited

Apr-12-Mar-13
Jan-11-Mar-12

Others

Apr-12-Mar-13

99

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Jan-11-Mar-12 -

435.66

15,267.08

15,267.08

15,685.56

15,685.56

10,775.69

15,062.63

4,079.99

411.40

622.93

399.06

399.06

Reckitt Benckiser
Corporate Services Ltd., Apr-12-Mar-13
UK

598.25

598.25

172.59

464.46

74.13

171.85

54.62

59.66

48.78

4,648.05

4,696.83

31.48

3,077.47

3,108.95

529.95

1,395.54

178.18

12 Royalty expense

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt & Colman


(Overseas) Ltd., UK

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
Brands Limited

Apr-12-Mar-13
Jan-11-Mar-12

Others

Apr-12-Mar-13
Jan-11-Mar-12

13 Expenses Paid

Apr-12-Mar-13
Jan-11-Mar-12

Jan-11-Mar-12
Reckitt Benckiser
Household Products
(China) Co Ltd.

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
Healthcare India
Limited

Apr-12-Mar-13
Jan-11-Mar-12

Others

Apr-12-Mar-13
Jan-11-Mar-12

Balances as on March
14 31, 2013/March 31,
2012
1)
Apr-12-Mar-13
Debtors/Receivable****
Jan-11-Mar-12

Reckitt Benckiser
Corporate Services Ltd., Apr-12-Mar-13
UK
Jan-11-Mar-12
Reckitt Benckiser
Household Products
(China) Co Ltd.

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
Healthcare India

Apr-12-Mar-13
100

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Limited
Jan-11-Mar-12
Reckitt Piramal
Private Limited

Apr-12-Mar-13

2,136.87

1,182.95

48.78

31.48

1,981.23

320.80

7,267.13

7,267.13

11,148.11

11,148.11

3,026.71

7,666.54

2,557.34

2,820.03

1,420.39

924.23

Jan-11-Mar-12
Others

Apr-12-Mar-13
Jan-11-Mar-12

2) Creditors / Payables

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
Healthcare India
Limited

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt & Colman


(Overseas) Ltd., UK

Apr-12-Mar-13
Jan-11-Mar-12

Reckitt Benckiser
(Brands) Limited

Apr-12-Mar-13
Jan-11-Mar-12

Others

Apr-12-Mar-13
Jan-11-Mar-12

*Includes unbilled amount of Rs 767.62


(Previous Year: Rs Nil)
**Includes unbilled amount of Rs
(264.36) (Previous Year: Rs Nil)
***Includes only
payment charged to
P&L
****Includes unbilled amount of Rs
1031.98 (Previous Year: Rs Nil)

[201400] Notes - Leases


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Textual
[See below]

Disclosure of leases explanatory [TextBlock]

101

information

(51)

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (51)


Disclosure of leases explanatory [Text Block]
32

Leases
Operating Leases
The Company has significant cancellable leasing agreements which are in respect of operating lease for premises (office, godown
etc).
Generally these leasing arrangements which are cancellable range between 11 months and 3 years or longer, and are usually
renewable by mutual consent on mutually agreeable terms.
The agreeable lease rental are charged to Statement of Profit and Loss under rent amounting to Rs 2270.31 Lacs (Previous period
2,442.51 Lacs).
Expected future minimum commitments during the non-cancellable period under the lease arrangements as at March 31, 2013
(Previous period March 31, 2012) are as follows:
As at
March 31, 2013
Not later than one year

As at
March 31, 2012
562.71

92.91

Later than one year but not later than


five years
Later than five years.

22.75

14.71
-

Total

107.62

585.46

[300300] Notes - Earnings per share


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Disclosure of earnings per share explanatory [TextBlock]
Adjustments of numerator to calculate basic earnings per share [Abstract]
Profit (loss) for period
Adjustments of numerator to calculate diluted earnings per share [Abstract]
Profit (loss) for period

102

01/01/2011
to
31/03/2012

46,293.07

53,830.23

46,293.07

53,830.23

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

[202800] Notes - Subsidiary information


Details of subsidiaries [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Subsidiaries [Axis]

Subsidiary 1

01/04/2012
to
31/03/2013
Details of subsidiaries [Abstract]
Details of subsidiaries [LineItems]
Reckitt Piramal Private
Limited
INDIA
U24239MH1997PTC111897
Section 4(1)(b)
No
yet to be filed
Yes

Name of subsidiary
Country of incorporation or residence of subsidiary
CIN of subsidiary company
Section under which company became subsidiary
Whether subsidiary has filed balance sheet
Reason if no filing has been made by subsidiary
Whether financial year of subsidiary coincides with financial year of holding company
Financial year of subsidiary [Abstract]
Start date of accounting period of subsidiary
End date of accounting period of subsidiary
Date of becoming subsidiary
Number of shares held of subsidiary
Face value of shares of subsidiary
Paid-up value of shares held of subsidiary
Percentage of shareholding in subsidiary
Proportion of voting power in subsidiary
Key information about subsidiary [Abstract]
Reporting currency of subsidiary
Exchange rate as applicable for subsidiary
Share capital of subsidiary [Abstract]
Equity share capital of subsidiary
Preference share capital of subsidiary
Share capital of subsidiary
Reserves and surplus of subsidiary
Total assets of subsidiary
Total liabilities of subsidiary
Investment of subsidiary
Total income of subsidiary
Profit before tax of subsidiary
Provision for tax of subsidiary
Profit after tax of subsidiary
Proposed dividend of subsidiary

01/04/2012
31/03/2013
24/03/2003
[shares] 99,99,999
[INR/shares] 10
999.99
99.99%
[pure] 0.9999
INR
1
1,000
0
1,000
-928.22
134.36
134.36
0
0
-17.32
0
-17.32
0

Unless otherwise specified, all monetary values are in Lakhs of INR


01/04/2012
to
31/03/2013
Disclosure of subsidiary information explanatory [TextBlock]
Whether company has subsidiary companies

Yes

[201900] Notes - Income taxes


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Textual
[See below]

Disclosure of notes on income taxes explanatory [TextBlock]

103

information

(52)

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

Textual information (52)


Disclosure of notes on income taxes explanatory [Text Block]
12

Deferred Tax Assets /(Liability)


(Net)
Deferred Tax Assets
(1) Timing difference resulting u/s 43B of the
Income Tax Act, 1961
(2) Differences in carrying value of fixed assets as per tax books
and financial books.
(3) Provision for Inventory , Doubtful Debts &
Advances
Deferred Tax Asset / (Liability)
(net)
Deferred tax charge for the year

556.90

627.93

340.90

355.71

972.49

936.19

1,870.29

1,919.83

49.54

161.89

Deferred Tax Assets and Deferred Tax Liabilities have been offset as they relate to the
same governing taxation laws.

[202400] Notes - Investments in associates


Description of information of associates [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Investments in associates [Axis]

Description of information of associates [Abstract]


Description of information of associates [LineItems]
Method of accounting used
Name of associate
Country of incorporation or residence associate
CIN of associate entity
Description of associates [Abstract]
Description of associates
Description of proportion of ownership interest
Description of proportion of voting power
End of reporting period of financial statements of associates if end of
reporting period is different from enterprise's end of reporting period

Associate 1

Associate 2

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

Other
Other
Reckitt Benckiser Scholl Reckitt
Benckiser
India Limited
Healthcare India Limited
INDIA
INDIA
U24232TN1994PLC048002 U24231HR1980PLC044172
Group Company

Group Company
49.00%
49.00%

31/12/2012

26.36%
26.36%
31/12/2012

Unless otherwise specified, all monetary values are in Lakhs of INR


01/04/2012
to
31/03/2013
Disclosure of notes on investment in associates explanatory [TextBlock]
Whether company has invested in associates

Yes

104

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

[202500] Notes - Financial reporting of interests in joint ventures


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Disclosure of notes on interests in joint ventures explanatory [TextBlock]
Whether company has invested in joint ventures

No

[202100] Notes - Other provisions, contingent liabilities and contingent assets


Disclosure of other provisions [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of other provisions [Axis]

Miscellaneous other
provisions
[Member]

Company total other provisions [Member]

01/04/2012
to
31/03/2013
Disclosure of other provisions [Abstract]
Disclosure of other provisions [LineItems]
Reconciliation of changes in other provisions
[Abstract]
Changes in other provisions [Abstract]
Additional provisions, other provisions
Total changes in other provisions
Other provisions at end of period
Description of nature of obligation other
provisions

113.06
113.06
376.98

01/01/2011
to
31/03/2012

0
0
263.92

01/01/2011

01/04/2012
to
31/03/2013

113.06
113.06
376.98

263.92

Provision for sales


return

Disclosure of other provisions [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Classes of other provisions [Axis]

Miscellaneous other provisions [Member]

01/01/2011
to
31/03/2012
Disclosure of other provisions [Abstract]
Disclosure of other provisions [LineItems]
Reconciliation of changes in other provisions [Abstract]
Changes in other provisions [Abstract]
Additional provisions, other provisions
Total changes in other provisions
Other provisions at end of period
Description of nature of obligation other provisions

0
0
263.92
Provision for sales return

105

01/01/2011

263.92

RECKITT BENCKISER (INDIA) LIMITED Standalone Balance Sheet for period 01/04/2012 to 31/03/2013

[202700] Notes - Cash flow statements


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

01/01/2011

Disclosure of cash flow statement explanatory [TextBlock]


Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement
Total cash and cash equivalents
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities
Total income taxes paid (refund)

(A) 11,006.07
11,006.07

(B) 42,600.26
42,600.26

13,329.77
13,329.77

12,301.83
12,301.83

Footnotes
(A) Cash in Hand-3.03 Remittances in Transit-116.02 Current Accounts-3887.09 Deposit Accounts-6999.93
(B) Cash in Hand-3.36 Remittances in Transit-11.32 Current Accounts-5385.19 Deposit Accounts-37200.39

106

15,592.95

RECKITT BENCKISER (INDIA) LIMITED


Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

[400100] Disclosure of general information about company


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
RECKITT
BENCKISER
(INDIA) LIMITED
U74999DL1951PLC127062
AABCR2655Q
227
OKHLA
INDUSTRIAL
ESTATEPHASE
III.NEW
DELHI.Delhi
Commercial
and
Industrial
27/09/2013
12
01/04/2012
31/03/2013
Standalone
Statement of Profit & Loss
INR
Lakhs

Name of company
Corporate identity number
Permanent account number of entity
Address of registered office of company
Type of industry
Date of board meeting when final accounts were approved
Period covered by financial statements
Date of start of reporting period
Date of end of reporting period
Nature of report standalone consolidated
Content of report
Description of presentation currency
Level of rounding used in financial statements

01/01/2011
to
31/03/2012

15
01/01/2011
31/03/2012

Disclosure of principal product or services [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Types of principal product or services [Axis]

Product or service 1

01/04/2012
to
31/03/2013
Disclosure 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
Description of product or service category
Turnover of product or service category
Highest turnover contributing product or service (ITC 8 digit) code
Description of product or service
Turnover of highest contributing product or service

3401
HOUSEHOLD SOAPS
3,58,726.17
34011941
HOUSEHOLD SOAPS
3,58,726.17

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

[100200] Statement of profit and loss


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Statement of profit and loss [Abstract]
Disclosure of revenue from operations [Abstract]
Disclosure of revenue from operations for other than finance company
[Abstract]
Revenue from sale of products
Revenue from sale of services
Excise duty
Total revenue from operations other than finance company
Total revenue from operations
Other income
Total revenue
Expenses [Abstract]
Cost of materials consumed
Purchases of stock-in-trade
Changes in inventories of finished goods, work-in-progress and
stock-in-trade
Employee benefit expense
Finance costs
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense
Total depreciation, depletion and amortisation expense
Other expenses
Total expenses
Total profit before prior period items, exceptional items, extraordinary
items and tax
Total profit before extraordinary items and tax
Total profit before tax
Tax expense [Abstract]
Current tax
Deferred tax
Total tax expense
Total profit (loss) for period from continuing operations
Total profit (loss) for period before minority interest
Total profit (loss) for period
Earnings per equity share [Abstract]
Basic earning per equity share
Diluted earnings per equity share

Footnotes
(A) Depreciation and amortisation expense
(B) Depreciation and amortisation expense
(C) Current tax Rs.13214.79 Current Tax- for Earlier years ( Release) Rs. -102.82
(D) Current tax Rs.13668.32 Current Tax- for Earlier years ( Release) Rs. -4.32

01/01/2011
to
31/03/2012

3,58,726.17
4,537.54
3,876.61
3,59,387.1
3,59,387.1
9,264.5
3,68,651.6

3,52,844.76
773.58
4,268.51
3,49,349.83
3,49,349.83
12,295.17
3,61,645

1,24,462.02
69,451.83

1,22,561.75
79,228.3

5,430.42

-11,978.04

16,347.53
0

13,774.19
0

(A) 3,760.1
3,760.1
89,745.12
3,09,197.02

(B) 3,901.99
3,901.99
86,500.69
2,93,988.88

59,454.58

67,656.12

59,454.58
59,454.58

67,656.12
67,656.12

(C) 13,111.97
49.54
13,161.51
46,293.07
46,293.07
46,293.07

(D) 13,664
161.89
13,825.89
53,830.23
53,830.23
53,830.23

[INR/shares] 178.93
[INR/shares] 178.93

[INR/shares] 205.19
[INR/shares] 205.19

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

[300500] Notes - Subclassification and notes on income and expenses


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Subclassification and notes on income and expense explanatory [TextBlock]
Disclosure of revenue from sale of products [Abstract]
Revenue from sale of products [Abstract]
Revenue from sale of products, gross
Total revenue from sale of products
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Revenue from sale of services, gross
Total revenue from sale of services
Disclosure of other income [Abstract]
Interest income [Abstract]
Interest income on long-term investments [Abstract]
Interest on fixed deposits, long-term investments
Interest on other long-term investments
Total interest income on long-term investments
Total interest income
Dividend income [Abstract]
Dividend income long-term investments [Abstract]
Dividend income long-term investments from subsidiaries
Total dividend income long-term investments
Total dividend income
Other non-operating income [Abstract]
Net gain/loss on foreign currency fluctuations treated as other
income
Surplus on disposal, discard, demolishment and destruction of
depreciable tangible asset
Excess provision diminution in value investment written back
Miscellaneous other non-operating income
Total other non-operating income
Total other income
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Other interest charges
Total interest expense
Total finance costs
Employee benefit expense [Abstract]
Salaries and wages
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for contract labour
Total contribution to provident and other funds
Staff welfare expense
Total employee benefit expense
Breakup of other expenses [Abstract]
Consumption of stores and spare parts
Power and fuel
Rent
Repairs to building
Repairs to machinery
Insurance
Rates and taxes excluding taxes on income [Abstract]
Other cess taxes
Total rates and taxes excluding taxes on income
Travelling conveyance
Directors sitting fees
3

01/01/2011
to
31/03/2012

3,58,726.17
3,58,726.17

3,52,844.76
3,52,844.76

4,537.54
4,537.54

773.58
773.58

4,286.15
35.25
4,321.4
4,321.4

3,932.65
4.66
3,937.31
3,937.31

1,198.35
1,198.35
1,198.35

0
0
0

150.92

(A) 0

(B) 34.14

(C) 3,226.92
517.83
3,744.75
9,264.5

(D) 7,480.86
691.94
8,357.86
12,295.17

0
0
0

0
0
0

14,529.12

12,251.33

(E) 1,294.65
1,294.65
523.76
16,347.53

(F) 1,003.36
1,003.36
519.5
13,774.19

507.04
1,926.05
2,270.31
103.61
706.13
241.35

545.13
2,102.09
2,442.52
170.67
718.56
137.1

(G) 2,624.55
2,624.55
2,651.93
0

(H) 2,309.63
2,309.63
2,645.71
0

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

Managerial remuneration [Abstract]


Remuneration to directors [Abstract]
Salary to directors
Total remuneration to directors
Total managerial remuneration
Advertising promotional expenses
Cost information technology [Abstract]
Cost communication connectivity
Total cost information technology
Cost insurance
Cost transportation [Abstract]
Cost freight
Total cost transportation
Cost royalty
Provision bad doubtful debts created
Provision bad doubtful loans advances created
Write-off assets liabilities [Abstract]
Miscellaneous expenditure written off [Abstract]
Other miscellaneous expenditure written off
Total miscellaneous expenditure written off
Bad debts written off
Bad debts advances written off
Total write-off assets liabilities
Loss on disposal of intangible asset
Loss on disposal, discard, demolishment and destruction of depreciable
tangible asset
Payments to auditor [Abstract]
Payment for other services
Total payments to auditor
Miscellaneous expenses
Total other expenses
Current tax [Abstract]
Current tax pertaining to previous years
Current tax pertaining to current year
Total current tax

0
0
0
36,782.35

0
0
0
35,743.48

0
0
0

0
0
0

(I) 16,218.35
16,218.35
15,267.08
22.42
0

(J) 14,916.29
14,916.29
15,685.56
67.11
0

0
0
0
0
0
0

0
0
0
0
0
0

0.23

0
0

0
0

(K) 10,423.72
89,745.12

(L) 9,016.84
86,500.69

(M) -102.82
13,214.79

(N) -4.32
13,668.32

(O) 13,111.97

(P) 13,664

Footnotes
(A) Net profit on sale of tangible assets
(B) Net profit on sale of tangible assets
(C) Liabilities/ Provisions no longer required written back
(D) Liabilities/ Provisions no longer required written back
(E) (includes contribution towards Employee Deposit, Link Insurance, Employee Family, Pension Scheme and Labour Welfare Fund
current year Rs.8.36 lacs and previous year Rs. 8.87 lacs )
(F) (includes contribution towards Employee Deposit, Link Insurance, Employee Family, Pension Scheme and Labour Welfare Fund
current year Rs.8.36 lacs and previous year Rs. 8.87 lacs )
(G) Rates & taxes
(H) Rates & taxes
(I) Carriage & freight
(J) Carriage & freight
(K) (Decrease) in excise duty on finished goods Rs.-29.20 Processing charges Rs.1707.77 Selling & distribution expenses Rs.2558.25
Foreign exchange fluctuation loss (net) Rs.290.99 Miscellaneous expenses Rs.5895.91
(L) (Decrease) in excise duty on finished goods Rs.-459.53 Processing charges Rs.1873.24 Selling & distribution expenses Rs.2188.13
Foreign exchange fluctuation loss (net) Rs.0.00 Miscellaneous expenses Rs.5414.90
(M) Current Tax- for Earlier years ( Release)
(N) Current Tax- for Earlier years ( Release)
(O) Current tax Rs.13214.79 Current Tax- for Earlier years ( Release) Rs. -102.82
(P) Current tax Rs.13668.32 Current Tax- for Earlier years ( Release) Rs. -4.32

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

[300600] Notes - Additional information statement of profit and loss


Details of manufactured and traded goods [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Manufactured and traded goods
[Member]

Categories of manufactured and traded goods [Axis]

01/04/2012
to
31/03/2013
Additional information on profit and loss account
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of manufactured and traded goods [Abstract]
Details of manufactured and traded goods
[LineItems]
Description of finished goods
Amount of sales
Amount of closing inventory
Amount of opening inventory

Manufactured goods [Member]

01/01/2011
to
31/03/2012

01/04/2012
to
31/03/2013

3,58,726.17
23,727.06
28,985.42

3,52,844.76
28,985.42
16,964.57

01/01/2011
to
31/03/2012

0
2,93,206.98
13,935.06
12,550.88

2,87,345.55
12,550.88
14,169.63

Details of manufactured and traded goods [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of manufactured and traded goods [Axis]

Finished goods category 1 [Member]

01/04/2012
to
31/03/2013
Additional information on profit and loss account
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of manufactured and traded goods [Abstract]
Details of manufactured and traded goods
[LineItems]
Description of finished goods
Amount of sales
Amount of closing inventory
Amount of opening inventory

Food

01/01/2011
to
31/03/2012

Food
713.66
42.68
42.91

Finished goods category 2 [Member]

01/04/2012
to
31/03/2013

Healthcare
851.08
42.91
74.39

01/01/2011
to
31/03/2012

Healthcare
8,803.78
89.62
122.11

6,494.78
122.11
144.73

Details of manufactured and traded goods [Table]

..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of manufactured and traded goods [Axis]

Finished goods category 3 [Member]

01/04/2012
to
31/03/2013
Additional information on profit and loss account
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of manufactured and traded goods [Abstract]
Details of manufactured and traded goods
[LineItems]
Description of finished goods
Amount of sales
Amount of closing inventory
Amount of opening inventory

01/01/2011
to
31/03/2012

Finished goods category 4 [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Household Products Household Products Laundry Products


Laundry Products
1,22,367.14
1,22,770.86
9,433.8
11,530.15
6,196.9
6,078.63
577.31
654.95
6,078.63
6,272.32
654.95
1,134.93

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

Details of manufactured and traded goods [Table]

..(4)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of manufactured and traded goods [Axis]

Finished goods category 5 [Member]

01/04/2012
to
31/03/2013
Additional information on profit and loss account
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of manufactured and traded goods [Abstract]
Details of manufactured and traded goods
[LineItems]
Description of finished goods
Amount of sales
Amount of closing inventory
Amount of opening inventory

01/01/2011
to
31/03/2012

Finished goods category 6 [Member]

01/04/2012
to
31/03/2013

Toiletries
Toiletries
Liquid
1,30,639.29
1,21,779.61
5,878.83
4,662.18
4,662.18
5,522.91

01/01/2011
to
31/03/2012

Liquid
21,249.31
1,149.72
9,900.5

23,919.07
9,900.5
1,020.35

Details of manufactured and traded goods [Table]

..(5)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of manufactured and traded goods [Axis]

Additional information on profit and loss account


[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of manufactured and traded goods [Abstract]
Details of manufactured and traded goods
[LineItems]
Description of finished goods
Amount of sales
Amount of closing inventory
Amount of opening inventory

Traded goods category 1 [Member]

Traded goods category 2 [Member]

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

Healthcare

01/01/2011
to
31/03/2012

Healthcare
36,564.57
3,977.89
7,818.99

31,584.32
7,818.99
249.17

01/01/2011
to
31/03/2012

Household Products Household Products


28,649.81
32,359.58
2,301.14
2,977.72
2,977.72
1,925.25

Details of manufactured and traded goods [Table]

..(6)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of manufactured and traded goods [Axis]

Additional information on profit and loss account


[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of manufactured and traded goods [Abstract]
Details of manufactured and traded goods
[LineItems]
Description of finished goods
Amount of sales
Amount of closing inventory
Amount of opening inventory

Traded goods category 3 [Member]

Traded goods category 4 [Member]

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Laundry Products
Laundry Products
Toiletries
304.81
364.03
30.95
344.55
344.55
124.8

01/01/2011
to
31/03/2012

Toiletries
0
3,342.73
5,022.02

1,191.28
5,022.02
396.27

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

Details of manufactured and traded goods [Table]

..(7)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of manufactured and traded goods [Axis]

Traded goods category 5 [Member]

01/04/2012
to
31/03/2013
Additional information on profit and loss account [Abstract]
Additional details in case of manufacturing companies [Abstract]
Details of manufactured and traded goods [Abstract]
Details of manufactured and traded goods [LineItems]
Description of finished goods
Amount of sales
Amount of closing inventory
Amount of opening inventory

Liquid

01/01/2011
to
31/03/2012

Liquid
0
139.29
271.26

0
271.26
99.45

Details of raw materials consumed [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of raw materials consumed [Axis]

Raw materials consumed [Member]

01/04/2012
to
31/03/2013
Additional information on profit and loss account
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of raw materials consumed [Abstract]
Details of raw materials consumed [LineItems]
Description of raw materials category
Total raw materials consumed

01/01/2011
to
31/03/2012

0
1,24,462.02

1,22,561.75

Raw materials consumed 1 [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Soap Noodles
Soap Noodles
34,009.89
30,757.08

Details of raw materials consumed [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of raw materials consumed [Axis]

Raw materials consumed 2 [Member]

01/04/2012
to
31/03/2013
Additional information on profit and loss account
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of raw materials consumed [Abstract]
Details of raw materials consumed [LineItems]
Description of raw materials category
Total raw materials consumed

Others

01/01/2011
to
31/03/2012

Others
51,996.23

Raw materials consumed 3 [Member]

01/04/2012
to
31/03/2013

Bottles
51,987.82

01/01/2011
to
31/03/2012

Bottles
14,939.24

14,572.05

Details of raw materials consumed [Table]

..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of raw materials consumed [Axis]

Raw materials consumed 4 [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Raw materials consumed 5 [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Additional information on profit and loss account


[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of raw materials consumed [Abstract]
Details of raw materials consumed [LineItems]
Description of raw materials category

Paper & Board

Total raw materials consumed

8,352

Packing
-Others

Paper & Board


8,427.1

Material Packing
-Others
15,164.66

Material
16,817.7

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

Details of raw materials, spare parts and components consumed [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Details of raw materials, spare parts and components consumed [Axis]
Subclassification of raw materials, spare parts and components
consumed [Axis]

Raw materials consumed [Member]


Imported [Member]

01/04/2012
to
31/03/2013
Additional information on profit and loss account
[Abstract]
Details of raw materials, spare parts and components
consumed [Abstract]
Details of raw materials, spare parts and
components consumed [LineItems]
Value consumed
Percentage of consumption

Indigenous [Member]

01/01/2011
to
31/03/2012

14,014.07
11.00%

11,723.09
10.00%

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

1,10,954.99
89.00%

1,11,383.79
90.00%

Details of goods purchased [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of goods purchased [Axis]

Goods purchased [Member]

01/04/2012
to
31/03/2013
Additional information on profit and loss account
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of goods purchased [Abstract]
Details of goods purchased [LineItems]
Description of goods purchased
Total goods purchased

01/01/2011
to
31/03/2012

Goods purchased 1 [Member]

01/04/2012
to
31/03/2013

Healthcare

69,451.83

79,228.3

01/01/2011
to
31/03/2012

Healthcare
33,041.55

37,462.2

Details of goods purchased [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of goods purchased [Axis]

Goods purchased 2 [Member]

01/04/2012
to
31/03/2013
Additional information on profit and loss account
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of goods purchased [Abstract]
Details of goods purchased [LineItems]
Description of goods purchased
Total goods purchased

01/01/2011
to
31/03/2012

Goods purchased 3 [Member]

01/04/2012
to
31/03/2013

01/01/2011
to
31/03/2012

Household Products Household Products Laundry Products


Laundry Products
22,800.59
28,226.17
928.71
1,746.45

Details of goods purchased [Table]

..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR


Categories of goods purchased [Axis]

Goods purchased 4 [Member]

01/04/2012
to
31/03/2013
Additional information on profit and loss account
[Abstract]
Additional details in case of manufacturing companies
[Abstract]
Details of goods purchased [Abstract]
Details of goods purchased [LineItems]
Description of goods purchased
Total goods purchased

Liquid

Liquid
3,252.4

01/01/2011
to
31/03/2012

Goods purchased 5 [Member]

01/04/2012
to
31/03/2013

Toiletries
2,147.22

01/01/2011
to
31/03/2012

Toiletries
9,428.58

9,646.26

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

Unless otherwise specified, all monetary values are in Lakhs of INR


01/04/2012
to
31/03/2013
Additional information on profit and loss account explanatory [TextBlock]
Changes in inventories of finished goods
Changes in inventories of work-in-progress
Changes in inventories of stock-in-trade
Total changes in inventories of finished goods, work-in-progress and
stock-in-trade
Revenue other services
Total gross income from services rendered

Textual information (1)


[See below]
-1,384.19
172.06
6,642.55

1,618.76
42.8
-13,639.6

5,430.42

-11,978.04

4,537.54
4,537.54

773.58
773.58

(A) 12,019.89
199.86
12,219.75
15,267.09

(B) 9,836
1,163.08
10,999.08
15,685.56

(C) 674.47
15,941.56
2,587.25
2,587.25
[pure] 3

(D) 889.13
16,574.69
2,362.59
2,362.59
[pure] 2

[shares] 2,58,72,463

[shares] 2,62,51,077

Value of imports of raw materials


Value of imports of capital goods
Total value of imports calculated on CIF basis
Expenditure on royalty
Expenditure on other matters
Total expenditure in foreign currency
Final dividend remitted in foreign currency
Total amount of dividend remitted in foreign currency
Total number of non-resident shareholders
Total number of shares held by non-resident shareholders on which
dividends were due
Year to which dividends relate
FOB value of manufactured goods exported
Total earnings on export of goods calculated on FOB basis

01/01/2011
to
31/03/2012

2012-13

Earnings on other income


Total earnings in foreign currency
Total revenue from sale of products
Total revenue from sale of services

Footnotes
(A) Raw material and Packing materials
(B) Raw material and Packing materials
(C) Travelling Expenses Rs.164.75 Others Rs. 509.72
(D) Travelling Expenses Rs.98.73 Others Rs. 790.40
(E) Service and other reimbursements
(F) Service and other reimbursements

2010
1,774.48
1,774.48

2,031.23
2,031.23

(E) 5,817.44
7,591.92
3,58,726.17
4,537.54

(F) 4,487.33
6,518.56
3,52,844.76
773.58

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

Textual information (1)


Additional information on profit and loss account explanatory [Text Block]
40

Unhedged Foreign Currency


Exposure
Nature

As at March 31, 2013


Rs.

FC (in Lacs)

As at March 31, 2012


Rs.
FC (in Lacs)

Trade Receivable
27.15
440.75
1,207.04

AUD 0.48
GBP 5.35
USD 22.22

1,401.41
459.45
-

EUR 17.31
USD 9.05
-

Trade Payable
832.62
342.30
100.35

EUR 11.93
USD 6.31
GBP 1.22

135.88
645.64
51.44
5.04

Acceptances

204.49
247.61
207.0

24

GBP 2.30
USD 4.57
EUR 2.92

46.55
1,332.78
-

EUR 2.01
USD 12.72
GBP 0.64
SGD 0.12

GBP 0.56
USD 25.82
-

Changes in inventories of finished goods, work-in-progress and


stock-in-trade
Stock at the end of the year
Finished goods - manufactured
Stock in trade
Work in process

13,935.07

12,550.88

9,791.99

16,434.54

384.90

556.95

24,111.96

29,542.37

12,550.88

14,169.64

16,434.54

2,794.94

556.96

599.75

Less: Stock at the beginning of the


year
Finished goods - manufactured
Stock in trade
Work in process
10

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

(Increase) / Decrease in stocks

29,542.38

17,564.33

5,430.42

(11,978.04)

[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Disclosure of accounting policies, change in accounting policies and
changes in estimates explanatory [TextBlock]

Textual
information
[See below]

11

(2)

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

Textual information (2)


Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
1

Nature of Operations
Reckitt Benckiser (India) Limited (the Company) is Fast Moving Consumer Goods (FMCG) Company having
household brands in the Health, Food, Home and Hygiene product categories.

Significant Accounting Policies

2.1

Basis of preparation
The financial statements are prepared in accordance with the Indian Generally Accepted Accounting Principles ("GAAP")
under the historical cost convention on the accrual basis. The Financial Statements are prepared to comply in all material
aspects with the applicable accounting principles in India, the applicable accounting standards notified u/s 211(3C) [
Companies (Accounting Standards) Rules, 2006, as amended] and the relevant provisions of the Companies Act, 1956.
Accounting policies have been consistently applied except where a newly issued accounting standard is initially adopted or
a revision to an existing accounting standard requires a change in the accounting policy hitherto in use.
All assets and liabilities have been classified as current or non-current as per the Companys normal operating cycle and
other criteria set out in the Schedule VI to the Companies Act, 1956. Based on the nature of products and time between the
acquisition of assets for processing in cash equivalents, the Company has ascertained its operating cycle as 12 months for
the purpose of current- non-current classification as assets and liabilities.
Use of estimates
The preparation of financial statements in conformity with generally accepted accounting principles requires management
to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent
liabilities at the date of the financial statements and the results of operations during the reporting period. Although these
estimates are based upon managements best knowledge of current events and actions, actual results could differ from these
estimates.

2.2

Tangible assets

a)

Tangible assets are stated at cost of acquisition and subsequent improvements thereto including taxes, duties (excluding
Excise Duty/Countervailing duty paid to the extent of which MODVAT/CENVAT is availed), freight and other incidental
expenses related to a acquisition and installation.

b)

Capital work in progress is stated at cost.

c)

Depreciation

i)
(a)
(b)
(c)
(d)

Depreciation on tangible assets (including those utilized in research and development (R&D) activities) is provided on
straight line method at the rates prescribed in schedule XIV of the Companies Act, 1956, except for the following classes of
tangible assets.
Vehicles
20%
Computers
33.33%
Room Air Conditioner, Refrigerator and Electrical Equipment 20%
Leasehold improvements
In the First Year of Lease

ii)

All assets acquired after January 1, 2003 and costing less than British Pound 1000 (converted into equivalent INR at the
date of transaction) are fully depreciated in the year of acquisition.

iii)

Moulds and die sets (Included in Plant and Machinery) are depreciated fully in the year of acquisition.

e)

Amortisation

i)

Leasehold land are amortised over the period of lease.

2.3

Intangible Assets

i)

Computer Software is stated at its original cost of acquisition including all related expenses of acquisition and installation is
amortised over a period of one to three years, being the estimated useful life.

ii)

Trade Marks are stated at their original cost of acquisition including all related expenses of acquisition are amortised over a
period of one to ten years, being the estimated useful life reviewed at each year end.

2.4

Impairment
Asset that are subject to depreciation/amortization are reviewed for impairment whenever events or changes in
circumstances indicate that carrying amount may not be recoverable. An impairment loss is recognized for the amount by
which the assets carrying amount exceeds its recoverable amount.

2.5

Investments
Long term investments are valued at cost. A provision for diminution is made to recognize a decline other than temporary,
12

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

in the value of long term investments.


2.6

Inventories
Inventories are valued at lower of cost, computed on a weighted average basis, and estimated net realisable value, after
providing cost of obsolescence and other anticipated losses wherever considered necessary. Value of raw materials and
packing materials does not include Excise duty/Countervailing duty paid to the extent to which MODVAT/CENVAT is
availed. Finished goods and work in progress include costs of conversion and other costs and duties incurred in bringing the
inventories to their present location and condition.

2.7

Revenue recognition

a)

Sales are recognized when goods are dispatched and are recorded net of trade discounts, rebates and sales tax but include
excise duties, wherever applicable.

b)

Interest on investment is booked on a time proportion basis considering the amounts invested and the rate of interest.

c)

Dividend income on investment is accounted for when the right to receive payment is established.

2.8

Employee benefits

a)

Defined Contribution Plans :


To meet employee related obligation Company contributes towards various State plans namely Employers Contribution to
Regional Provident Fund, Employers Contribution to Employees Pension Scheme 1995, Employees State Insurance Fund
where the Company has no further obligations. Such benefits are classified as Defined Contribution Schemes and are
charged to revenue in the year in which they arise.
Superannuation Fund : The Company has defined contribution plan for post employment benefits namely Superannuation
Fund which is recognized by the Income Tax Authorities. This fund is administered through trustees and the Companys
contribution thereto is charged to revenue in the year in which they arise.

b)

Defined Benefit plans :


In respect of certain employees, provident fund and pension fund contributions are made to trusts administered by the
Company. The Companys liability is actuarially determined (using the Projected Unit Credit method for pension fund;
Deterministic Approach for provident fund) such actuarial valuation is carried out once in three years and any shortfall in
the fund size maintained by the trust set up by the Company is additionally provided for. Actuarial losses/ gains are
recognised in the Profit and Loss in the year in which they arise.
Gratuity: The Company provides for gratuity, a defined benefit plan (the Gratuity Plan) covering eligible employees in
accordance with The Payment of Gratuity Act, 1972. The gratuity plan provides a lump sum payment to vested employees
at retirement, death, incapacitation or termination of employment, of an amount based on the respective employees salary
and the tenure of employment. The Companys liability is actuarially determined (using the Projected Unit Credit method)
once in three years. Actuarial losses/ gains are recognised in the Statement of Profit and Loss in the year in which they
arise.
The Company also have defined benefit plans for leave encashment and retirement benefit pay plan for workers, the
liability for which is determined on the basis of an actuarial valuation.

2.9

Provision for debtors


Dues from Group Companies and Government entities are provided on the basis of the evaluation of its recovery, while
provision for other dues is made in the accounts on the following basis:
Rate
Current debts
1.0%
Overdue debts between 1 and 30 days
5.0%
Overdue debts between 31 and 60 days
10.0%
Overdue debts between 61 and 90 days
25.0%
Overdue debts over 91 days
100.0%

2.10

Foreign currency transactions

a)

All foreign currency transactions are recorded at the exchange rate prevailing on the date of transaction.
Monetary assets and liabilities related to foreign currency transactions remaining unsettled at the end of the year are
translated at year end rates.
The difference in translation of monetary assets and liabilities and realized gains and losses on foreign exchange
transactions are recognized in the profit & loss statement.
Non-monetary items which are carried in terms of historical cost denominated in a foreign currency are reported using the
exchange rate at the date of the transaction.

b)
c)
d)
2.11

Taxation

a)

Current tax is determined as the amount of tax payable in respect of taxable income for the year.

b)

Deferred tax is recognized, subject to consideration of prudence, on timing differences, being difference between taxable
and accounting income/expenditure that originate in one year and are capable of reversal in one or more subsequent years
and is carried forward only to the extent that there is reasonable certainty that sufficient future taxable income will be
available against which such deferred tax assets can be realized.
13

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

2.12

Leases
Lease rentals in respect of assets taken on operating leases are charged to the Statement of Profit and Loss on straight line
basis over the term of the lease.

2.13

Provisions & contingent liabilities


A provision is recognised when an enterprise has a present obligation as a result of past event; it is probable that an outflow
of resources will be required to settle the obligation, in respect of which a reliable estimate can be made. Provisions are not
discounted to its present value and are determined based on best estimate required to settle the obligation at the balance
sheet date. These are reviewed at each balance sheet date and adjusted to reflect the current best estimates.
Contingent liabilities are disclosed when there is a possible obligation arising from past events, the existence of which will
be confirmed only by the occurrence or non occurrence of one or more uncertain future events not wholly within the
control of the company or a present obligation that arises from past events where it is either not probable that an outflow
resources will be required to settle or a reliable estimate of the amount cannot be made.

2.14

Segment reporting
The accounting policies adopted for segment reporting are in line with accounting policies of the Company. Revenue,
expenses, assets and liabilities, which relate to the company as a whole and do not relate to any segment, are not allocated.

2.15

Cash and cash equivalents


Cash and cash equivalents for the purpose of cash flow statement comprise cash at bank and in hand, short-term
investments with an original maturity of three months or less and remittances in transit.

2.16

Earning per share


Basic earnings per share are calculated by dividing the net profit or loss for the period attributable to equity shareholders by
the weighted average number of equity shares outstanding during the period. The weighted average number of equity
shares outstanding during the period is adjusted for in the event of a bonus issue.
For the purpose of calculating diluted earnings per share, the net profit or loss for the period attributable to equity
shareholders and the weighted average number of shares outstanding during the period are adjusted for the effects of all
dilutive potential equity shares.

[300100] Notes - Revenue


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Textual
[See below]

Disclosure of revenue explanatory [TextBlock]

information

(3)

Textual information (3)


Disclosure of revenue explanatory [Text Block]
2.7

Revenue recognition

a)

Sales are recognized when goods are dispatched and are recorded net of trade discounts, rebates and sales tax but include excise
duties, wherever applicable.

b)

Interest on investment is booked on a time proportion basis considering the amounts invested and the rate of interest.

c)

Dividend income on investment is accounted for when the right to receive payment is established.

[201200] Notes - Employee benefits


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Textual
[See below]

Disclosure of employee benefits explanatory [TextBlock]

14

information

(4)

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

Textual information (4)


Disclosure of employee benefits explanatory [Text Block]
EMPLOYEE BENEFITS
The Company has classified the various benefits provided to
employees as under I

Defined Contribution Plans


a. Superannuation: Reckitt Benckiser India Employees
Superannuation Fund.
b. Payment to Pension Cost for
Expatriate.

II

State Plans
a.
Employers Contribution to Employees
State Insurance
b.
Employers Contribution to Employees
Pension Scheme 1995.
c.
Employers Contribution to Regional
Provident Fund

III

Defined Benefit Plans


The Company has defined benefit plans with respect to Pension, Gratuity, Leave Encashment, Workers Retirement Plan and
Provident Fund. The Company performs an actuarial valuation once in 3 year interval period, the same was last carried out in
December 2010. The disclosures in December 2010 are stated below:
Assumptions
Year Ended
Year Ended
December 31,
December 31,
2010
2009*
Rate
Rate
Particulars
Discount Rate (per annum)
7%
7%
Rate of Increase in compensation levels (weighted
11%
15%
Average)
Rate of Return on Planned assets
8%
7%

(A)

Change in the Present Value of


Obligation
Particulars

Interest Cost
Past Service Cost
Current Service Cost
Curtailment Cost/ (Credit)
Settlement Cost/ (Credit)
Benefit Paid
Actuarial (Gain)/Loss on
Obligation
Present Value of Obligation as at December 31,2010

Year Ended
December 31,
2010

Year Ended
December 31,
2009*

4,075.26

3,478.20

282.13

235.96

270.11
-

191.90
-

(89.68)

(214.47)

(136.75)

120.77
4,401.07

(B)

Change in Fair Value of Plan


Assets

15

3,812.36

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

Particulars
Year Ended
December 31,
2010
Fair Value of Plan Assets as at
January 1, 2010

71.27

120.52

Benefits Paid

(89.68)

(214.48)

Actuarial (Gain)/Loss on Plan


Assets
Fair Value of Plan Assets as at December 31,2010

(265.51)

Details of Present Value of Obligation, Plan Assets and Experience


Adjustments

Year Ended
December 31,
2010

Year Ended
December 31,
2009*

4,401.07

3,812.36

5,075.95

4,040.39

(265.51)

(419.14)

(136.75)

120.77

(419.15)
5,075.95

Present Value of Obligation


Fair Value of Plan Assets
Experience Adjustment of
Plan Assets [(Gain)/Loss]
Experience Adjustment of
obligation [(Gain)/Loss]

(D)

292.28

399.48

Contributions

(C)

4310.44

4,911.14

Expected Return on Plan Assets

Year Ended
December 31,
2009*

4,040.36

With respect to pension the Company has a marginal over funding as per the actuarial valuation carried out at December 2010
which was not recognised in the Statement of Profit & Loss. Since no asset/liability or income/expense has been recognized in the
Balance Sheet and Statement of Profit & Loss of the Company for the year ended 2010 the applicable disclosures are being made
accordingly.
* Refer note 25 (III) for actuarial valuation
performed once in three years.

(E)

The disclosures for Provident Fund are limited to the extent of


disclosures provided by the actuary.

(F)

Expense recognized in Statement of Profit & Loss.


Particulars

Current Service Cost


Past Service Cost
Interest Cost
Expected Return on Plan Assets
Actuarial (Gain)/Loss recognized
in the year
Expense recognised in the Statement of Profit &
Loss
(G)

Year Ended
December 31,
2010

Year Ended
December 31,
2009*

177.69

66.11

4.00

(15.68)

63.90

42.86

(79.10)

(49.87)

155.10

26.50
321.59

69.92

Constitution of Plan Assets


All plan assets of defined benefit funds primarily constitute debt
instruments.

(H)

Company expects to Contribute Rs 341.61 Lacs (Previous year Rs 240 Lacs) for Gratuity
in next financial year .

IV

During the financial year, the Company has recognised the following amounts in the Statement of Profit and Loss on account of
various employee plans.
16

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

Particulars

- Defined Benefit Plans


- Gratuity
- Leave Encashment
- Worker retirals
- Reckitt & Colman of India Staff Provident Fund

- Employers Contribution to Employees State


Insurance
- Employers Contribution to Employees Pension
Scheme 1995
- Employers Contribution to Regional Provident
Fund
- Reckitt Benckiser India Employees Superannuation Fund
- Payment to Pension Cost for Expatriate

Year ended
March 31, 2013

For the period from


January 1, 2011 to
March 31, 2012

714.83

488.29

309.53

137.70

2.57

2.76

(25.12)

402.73

372.95

1.38

6.91

71.55

77.84

28.45

26.29

331.31

265.30

141.34

104.26

[300300] Notes - Earnings per share


Unless otherwise specified, all monetary values are in Lakhs of INR
01/04/2012
to
31/03/2013
Textual information
[See below]

Disclosure of earnings per share explanatory [TextBlock]


Adjustments of numerator to calculate basic earnings per share [Abstract]
Profit (loss) for period
Adjustments of numerator to calculate diluted earnings per share [Abstract]
Profit (loss) for period

17

01/01/2011
to
31/03/2012
(5)

46,293.07

53,830.23

46,293.07

53,830.23

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

Textual information (5)


Disclosure of earnings per share explanatory [Text Block]
42

Earnings per Share as per AS - 20 for the year ended March 31,
2013
Year ended
March 31, 2013

Particulars

Year ended
March 31, 2012

Net Profit as per Statement of Profit


& Loss
46,293.07
Closing Number of Equity shares
outstanding
25,872,467
Weighted Average Number of
Equity Shares outstanding during
25,872,467
the year

Basic Earning per equity share (Rs)


Diluted Earning per equity Share
(Rs)
Nominal Value of Shares

53,830.22
25,872,467
26,234,076

178.93

205.19

178.93

205.19

10.00

10.00

[300700] Notes - Director remuneration and other information


Disclosure of directors and remuneration to directors [Table]

..(1)

Unless otherwise specified, all monetary values are in Lakhs of INR


Directors [Axis]

Director 1

Director 2

Director 3

Director 4

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

Disclosure of directors and remuneration to directors


[Abstract]
Disclosure of directors and remuneration to directors
[LineItems]
Name of director
Director identification number of director
Date of birth of director
Designation of director

Qualification of director
Shares held by director
Director remuneration [Abstract]
Salary to director [Abstract]
Basic pay director
Allowances director
Perquisites director
Total salary to director
Post-retirement benefits director
Other compensation director
Total director remuneration

Pradeep
Krishnamurthi
06489227
18/09/1974

Mary
Elizabeth Jose Joaquin Camero
Doherty
Gonzalez
00545442
03463922
02466459
20/03/1961
24/10/1957
01/08/1955
Non
Executive Non
Executive Non
Executive
Wholetime Director
Director
Director
Director
Diploma - Master of
MBA, MS Finance,
Mechanical
Business
Textual information Georgia Inst. Of
Engineering
Administration
at
(6) [See below]
technology and Ga
Graduate
Polytechnic
state U
University,Paderborn
[shares] 0
[shares] 0
[shares] 0
[shares] 0

22,73,751
13,01,058
2,41,067
38,15,876
3,86,538
17,41,307
59,43,721

18

Alfred Kurt Caspers

0
0
0
0
0
0

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

Disclosure of directors and remuneration to directors [Table]

..(2)

Unless otherwise specified, all monetary values are in Lakhs of INR


Directors [Axis]

Director 5

Director 6

Director 7

Director 8

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

Disclosure of directors and remuneration to directors


[Abstract]
Disclosure of directors and remuneration to directors
[LineItems]

Director identification number of director


Date of birth of director

Ariadna
Granena Roopak
Aracil
Taneja
02773538
02889984
23/06/1974
24/01/1967

Designation of director

Alternate Director

Name of director

Qualification of director

Shares held by director


Director remuneration [Abstract]
Salary to director [Abstract]
Basic pay director
Allowances director
Perquisites director
Total salary to director
Post-retirement benefits director
Other compensation director
Total director remuneration

Sushil

Akhil Chandra

Parag Agarwal

06418791
15/08/1964

02954487
19/02/1966
Whole time Director
upto 31st December
2012 and Non
Executive Director
w.e.f. 1st January
2013

Non
Executive
Managing Director
Director

law degree & LLM


on
European
Business
Law C h a r t e r e d
Economics
Chartered
(qualified lawyer) & Accountant
(Hons),MBA
Accountant
Master on Spanish
Tax
[shares] 0
[shares] 0
[shares] 0
[shares] 0

0
0
0
0
0

0
0
0
0
0

1,02,75,511
1,61,88,055
14,55,185
2,79,18,751
17,46,837
66,67,332
3,63,32,920

56,16,000
0
7,49,344
63,65,344
9,54,720
1,09,02,464
1,82,22,528

Disclosure of directors and remuneration to directors [Table]

..(3)

Unless otherwise specified, all monetary values are in Lakhs of INR


Directors [Axis]

Director 9

Director 10

Director 11

Director 12

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

01/04/2012
to
31/03/2013

Disclosure of directors and remuneration to directors


[Abstract]
Disclosure of directors and remuneration to directors
[LineItems]
Name of director
Director identification number of director
Date of birth of director
Designation of director
Qualification of director
Shares held by director
Director remuneration [Abstract]
Salary to director [Abstract]
Basic pay director
Allowances director
Perquisites director
Total salary to director
Post-retirement benefits director
Other compensation director
Total director remuneration

Ramachandran
Natarajan
05195809
06/04/1958

RAJESH KUMAR Chander


Mohan
JHA
Sethi
06418731
02695721
00319297
28/01/1972
20/06/1968
03/08/1949
Alternate
and Chairman
and
Wholetime Director Wholetime Director
Wholetime Director Wholetime Director
B Tech (Hons)
Mechanical
MBA
MA, LLB
MBA
Engineering, MBA
Finance
[shares] 0
[shares] 0
[shares] 0
[shares] 1

40,00,000
0
4,95,412
44,95,412
6,80,000
45,88,800
97,64,212

19

Gopal Mishra

71,21,114
20,23,589
9,96,887
1,01,41,590
12,10,589
48,75,600
1,62,27,779

24,61,347
14,72,766
2,92,414
42,26,527
4,18,432
41,02,933
87,47,892

2,72,81,550
68,20,389
4,06,68,419
7,47,70,358
46,37,861
4,85,77,021
12,79,85,240

RECKITT BENCKISER (INDIA) LIMITED Standalone Statement of Profit & Loss for period 01/04/2012 to 31/03/2013

Textual information (6)


Qualification of director
First Class Bachelor of Science Degree in LSS (Physics and Engineering) from the University of Manchester, UK. Fellow of the Chartered
Institute of Management Accountants (FCMA) and a Fellow of the Royal Society of Arts.

20