Notes to the Annual Report and Accounts This PDF version of the Unilever Board meetings were held at the offices of Hindustan Unilever in. the Annual Report and the text of the Schemes. . HINDUSTAN UNILEVER LTD. , Annual Report – Amount (In Rs.) HINDUSTAN UNILEVER LIMITE WESTERN REGION Information pursuant to Clause 32 of the Listing Agreement ANNUAL REPORT – JL Morison.

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Vikas, see my comments on Mahindra Holidays below where high receivables and accompanied with high customer advances.

HUL Auditors Report

But, I think its time to move on. Professor- fantastic series of posts. But out of this Rs 7, cr, Other Long Term Liabilities Rs crLong Term Provisions Rs crOther Current Liabilities Rs cr and Short Term Provisions Rs cr — all these totalling to Rs 2, cr — are for employee related liabilties such as gratuity, pension, medical etc, provident fund, tax deducted at source, provision for dividend, taxes etc. Your Company acknowledges the excellent support it received in this regard from the Government and the local community.

The enactment of the GST legislation has been a milestone reform that will create a win-win environment for all stakeholders and heralds an integrated and productive economy, and is expected to further boost economic growth.

The good thing about such floats is that you may end up paying nothing to the customer and have access to free capital for perpetuity.

There has been no qualification, reservation, adverse remark or disclaimer given by the Auditors in their Report. Of the total float of Rs 91 cr.

These would enable a sharper and richer sales execution process in the marketplace. The capex is almost negligible.


I eagerly wait for your blogs. Your Company has also invested in rewiring processes and tools to transform into an amazingly simple 2007-008. But, it does show how the demand for exhibition is fungible. To see how, think of a shipping company during a shipping boom when freight rates are sky high and every shipper is drowning in cash.

Hindustan Unilever Directors Report | Hindustan Unilever Director Details – The Economic Times

The company is also engaged in Proprietory Trading apart from Client Business. Our responsibility is to express an opinion on these standalone Ind AS financial statements based on our audit. In several sites, make-up water for utilities annuap taken from rainwater harvested during monsoons. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the standalone Ind AS financial statements.

I do maintain that even if they have a cost, the spread between the return on assets and that cost is quite large, and moreover that cost is less than that of alternate financing. However, we have yul made a detailed examination of the records. August 15, at It was a very different company then…. The policy on Director”s appointment and remuneration including criteria for determining qualifications, positive attributes, independence of Director, and also remuneration for Key Managerial Personnel and other employees, forms part of the Corporate Governance Report of this Annual Report.

The Company did not have any outstanding dues to any financial institution or debentures holders during the year. As required by the Companies Auditor””s Report Order, the Order””issued by the Central Government of India in exercise of powers conferred by sub-section 11 of section of the Act, we enclose in Annexure A”” a statement on the matters specified in paragraphs 3 and 4 of the Order.


But I take your point, that in the case of HUL, not all current liabilities are costless. The procedures selected depend on the auditor””s judgment, including the assessment of the risks of material misstatement of the standalone Ind AS financial statements, whether due to fraud or error. Nirman R Shetty says: It continues to evolve as a pioneering technology enabling your Company to drive business performance management with speed and agility. So you get a quantitative criteria to evaluate the changes in the fundamentals of a company over time.

It would tell its vendors: Parts 1, 2, and 3. In this forum, performances of specific safety and environment related sub-committees, each of which is led by a Managing Committee MC member, are reviewed. There was a net cash surplus of Rs, 1, crores In making those risk assessments, the auditor considers internal financial controls relevant to the Company””s preparation of the financial statements that give a true and fair view in order to design audit procedures that are appropriate in the circumstances.

Why would you not want to own an under-utilised gas pipeline or under-utilized road where current earning power itself more than explains the market value of those assets? The procedures selected depend on the auditor””s judgment, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. More Holiday Reading Links: This has enabled the Company to provide higher levels of consumer delight through continuous improvement in existing products and introduction of new products.