APPLE FINANCE LIMITED

Regd.Office: 8 Apeejay House, 130 Mumbai Samachar Marg, Mumbai 400 023

PART 1
Statement of Standalone Audited Results for the Quarter and the Year ended March 31, 2016
Particulars

(Refer Notes Below)

1

Income from operations

(a) Net sales/Income from operations
(Net of excise duty)
(b) Other operating income
Total Income from operations (net)

Expenses
(a) Cost of materials consumed
(b) Purchase of stock-in-trade
(c) Changes in inventories of finished goods,
work-in-progress and stock-in-trade
(d) Employee benefits expense
(e) Depreciation and amortisation expense
(f) Other expenses (any item exceeding
10% of the total expenses relating to
continuing operations to be shown
separately)

3 months ended
Preceding
31/03/2016
3 months ended
31/12/2015

(Audited)

(Reviewed)

Corresponding
3 months ended
31/03/2015
in the previous year

Year
ended
31/03/2016

(Audited)

(Audited)

0.01

0.02

0.06

0.01

0.01

0.02

0.01

0.06

11.43
6.20
10.50

10.68
6.13
27.18

20.89
12.66
21.96

47.19
24.84
74.78

Total Expenses

28.12

43.99

55.51

146.80

(28.12)

(43.98)

(55.50)

(146.74)

Profit/(Loss) from operations before other

income, finance costs and exceptional
items

Other Income

70.06

71.24

41.82

227.23

Profit/(Loss) from ordinary activities

before finance costs and exceptional items

41.94

27.26

(13.68)

80.49

Finance costs

Profit/(Loss) from ordinary activities

after finance costs but before exceptional
items

41.94

27.26

(13.68)

80.49

Exceptional items
Prior Period Income
Prior Period Expenses

41.94

27.26

(13.68)

80.49

41.94

27.26

(13.68)

80.49

41.94

27.26

(13.68)

80.49

Profit/(Loss) from ordinary activities

before tax

10

Tax expense

11

Net Profit/(Loss) from ordinary activities

after tax

12

Extraordinary items (net of tax expense)

13

Net Profit/(Loss) for the period

14

Share of profit/(loss) of associates

15

Minority interest

16

Net Profit/(Loss) after taxes, minority

interest and share of profit/(loss) of associates

17

Paid-up equity share capital

(Face value of the share shall be indicated)

18

Reserve excluding Revaluation Reserves as

per Balance Sheet of previous accounting year

19.i

Earnings per share (before extraordinary items)

(of Rs.10 each) (not annualized)
(a) Basic
(b) Diluted

0.08
0.08

0.05
0.05

(0.02)
(0.02)

0.14
0.14

Earnings per share (after extraordinary items)

(of Rs.10 each) (not annualized)
(a) Basic
(b) Diluted

0.08
0.08

0.05
0.05

(0.02)
(0.02)

0.14
0.14

19.ii

1
2
3
4
5

41.94

5,567.01
10

27.26

(13.68)

5,567.01
10

5,567.01
10

80.49

5,567.01
10
(2816.74)

Notes:
The above financial results for the quarter and the year ended March 31, 2016 audited by the Statutory Auditors have been taken on record by
the Board of Directors at its meeting held on May 30, 2016.
Figures have been regrouped/rearranged, wherever necessary.
Other Income includes Interest Income, Dividend Income, Gain on sale of Investments/Assets, etc.
Provision for Taxation is based on legal advice and net of earlier years excess provision written back.
There are no separate reportable segments.
By Order of the Board

Place : Mumbai
Date : 30-05-2016

Mahesh K. Rachh
Managing Director

APPLE FINANCE LIMITED

Regd.Office: 8 Apeejay House, 130 Mumbai Samachar Marg, Mumbai 400 023

PART 1
Statement of Consolidated Audited Results for the Quarter and the Year ended March 31, 2016
Particulars

(Refer Notes Below)

Income from operations

(a) Net sales/Income from operations
(Net of excise duty)
(b) Other operating income
Total Income from operations (net)

Expenses
(a) Cost of materials consumed
(b) Purchase of stock-in-trade
(c) Changes in inventories of finished goods,
work-in-progress and stock-in-trade
(d) Employee benefits expense
(e) Depreciation and amortisation expense
(f) Other expenses (any item exceeding
10% of the total expenses relating to

3 months ended
31/03/2016

Preceding
3 months ended
31/12/2015

Corresponding
3 months ended
31/03/2015
in the previous year

Year
ended
31/03/2016

(Audited)

(Reviewed)

(Audited)

(Audited)

0.01

0.02

0.06

0.01

0.01

0.02

0.01

0.06

11.43
6.20
10.85

10.68
6.13
27.39

20.89
12.66
22.23

47.19
24.84
75.40

continuing operations to be shown

separately)
Total Expenses

28.47

44.19

55.78

147.42

(28.47)

(44.18)

(55.77)

(147.36)

Profit/(Loss) from operations before other

income, finance costs and exceptional
items

Other Income

70.06

71.24

41.82

227.23

Profit/(Loss) from ordinary activities

before finance costs and exceptional items

41.59

27.06

(13.96)

79.87

Finance costs

Profit/(Loss) from ordinary activities

after finance costs but before exceptional
items

41.59

27.06

(13.96)

79.87

Exceptional items
Prior Period Income
Prior Period Expenses

41.59

27.06

(13.96)

79.87

41.59

27.06

(13.96)

79.87

41.59

27.06

(13.96)

79.87

Profit/(Loss) from ordinary activities

before tax

10

Tax expense

11

Net Profit/(Loss) from ordinary activities

after tax

12

Extraordinary items (net of tax expense)

13

Net Profit/(Loss) for the period

14

Share of profit/(loss) of associates

15

Minority interest

16

Net Profit/(Loss) after taxes, minority

interest and share of profit/(loss) of associates

41.59

27.06

(13.96)

79.87

17

Paid-up equity share capital

(Face value of the share shall be indicated)

5,567.01
10

5,567.01
10

18

Reserve excluding Revaluation Reserves as

per Balance Sheet of previous accounting year

19.i

Earnings per share (before extraordinary items)

(of Rs.10 each) (not annualized)
(a) Basic
(b) Diluted

0.07
0.07

0.05
0.05

(0.03)
(0.03)

0.14
0.14

Earnings per share (after extraordinary items)

(of Rs.10 each) (not annualized)
(a) Basic
(b) Diluted

0.07
0.07

0.05
0.05

(0.03)
(0.03)

0.14
0.14

19.ii

1
2
3
4
5

5,567.01
10

5,567.01
10
(3879.01)

Notes:
The above financial results for the quarter and the year ended March 31, 2016 audited by the Statutory Auditors have been taken on record by
the Board of Directors at its meeting held on May 30, 2016.
Figures have been regrouped/rearranged, wherever necessary.
Other Income includes Interest Income, Dividend Income, Gain on sale of Investments/Assets, etc.
Provision for Taxation is based on legal advice and net of earlier years excess provision written back.
There are no separate reportable segments.
By Order of the Board

Place : Mumbai
Date : 30-05-2016

Mahesh K. Rachh
Managing Director

APPLE FINANCE LIMITED

Regd.Office: 8 Apeejay House, 130 Mumbai Samachar Marg, Mumbai 400 023
Standalone Statement of Assets and Liabilities as at March 31, 2016
(Rs. Lakh)
Statement of Assets and Liabilities
A. Equity and Liabilities
1 Shareholders' Funds
(a) Share capital
(b) Reserves and surplus
(c) Money received against share
Sub-total Shareholders' Funds
2 Share Application Money Pending
Allotment
3 Minority Interest
4 Non-Current Liabilities
(a) Long-term borrowings
(b) Deferred tax liabilities (net)
(c) Other long-term liabilities
(d) Long-term provisions
Sub-total Non-Current Liabilities
5 Current Liabilities
(a) Short-term borrowings
(b) Trade payables
(c) Other current liabilities
(d) Short-term provisions
Sub-Total Current Liabilities
Total Equity and Liabilities
B. Assets
1 Non-Current Assets
(a) Fixed assets
(b) Goodwill on consolidation
(c) Non-current investments
(d) Deferred tax assets (net)
(e) Long-term loans and advances
(f) Other non-current assets
Sub-total Non-Current Assets
2 Current Assets
(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets
Sub-Total Current Assets
Total Assets

As at March 31, 2016

5,567.01
(2,816.74)
2,750.27
-

As at March 31, 2015

5,567.01
(2,897.23)
2,669.78
-

690.33
690.33

690.33
690.33

8.33
4.73
93.31
106.37
3,546.97

0.87
3.98
96.28
101.13
3,461.24

546.31
544.06
1,090.37

562.90
544.06
1,106.96

246.75
2,048.70
49.03
112.12
2,456.60
3,546.97

246.75
1,955.94
48.49
103.10
2,354.28
3,461.24

APPLE FINANCE LIMITED

Regd.Office: 8 Apeejay House, 130 Mumbai Samachar Marg, Mumbai 400 023
Consolidated Statement of Assets and Liabilities as at March 31, 2016
(Rs. Lakh)
Statement of Assets and Liabilities

As at March 31, 2016

As at March 31, 2015

A. Equity and Liabilities

1 Shareholders' Funds
(a) Share capital
(b) Reserves and surplus
(c) Money received against share
Sub-total Shareholders' Funds
2 Share Application Money Pending
Allotment
3 Minority Interest
4 Non-Current Liabilities
(a) Long-term borrowings
(b) Deferred tax liabilities (net)
(c) Other long-term liabilities
(d) Long-term provisions
Sub-total Non-Current Liabilities
5 Current Liabilities
(a) Short-term borrowings
(b) Trade payables
(c) Other current liabilities
(d) Short-term provisions
Sub-Total Current Liabilities
Total Equity and Liabilities
B. Assets
1 Non-Current Assets
(a) Fixed assets
(b) Goodwill on consolidation
(c) Non-current investments
(d) Deferred tax assets (net)
(e) Long-term loans and advances
(f) Other non-current assets
Sub-total Non-Current Assets
2 Current Assets
(a) Current investments
(b) Inventories
(c) Trade receivables
(d) Cash and cash equivalents
(e) Short-term loans and advances
(f) Other current assets
Sub-Total Current Assets
Total Assets

5,567.01
(3,879.01)
1,688.00
-

5,567.01
(3,958.88)
1,608.13
-

2,227.66
2,227.66

2,227.66
2,227.66

8.64
4.73
93.31
106.68
4,022.34

1.15
3.98
96.28
101.41
3,937.20

546.31
1,068.21
1,614.52

562.90
1,068.21
1,631.11

246.75
2,048.95
112.12
2,407.82
4,022.34

246.75
1,956.24
103.10
2,306.09
3,937.20