| 1. Dues to Micro and Small enterprises
There are no suppliers who are registered with the Company as micro or
small enterprise as defined under "The Micro, Small and Medium
Enterprise Development Act, 2006". The information regarding the status
of suppliers as micro or small enterprise have been determined on the
basis of information available with the Company. This has been relied
upon by the auditors.
2. PRINCIPLES OF CONSOLIDATION
The Financial statements of UNNO INDUSTRIES LIMITED with audited
financial statement of its subsidiaries as described in Note no 17.5
have been considered for the purpose of consolidation.
The financial statements of the parent company and its subsidiary as
described in Note no.17.5 have been combined to the extent possible on
a line by line basis by adding together like items of assets,
liabilities, income and expenses. The result of subsidiaries acquired
or disposal off during the year are included in the consolidated profit
& loss account from the effective date of acquisition or up to the
effective date of disposal, as appropriate. All significant intra group
balances and transaction have been eliminated on consolidation. The
amount shown in respect of reserves comprise the amount of the relevant
reserve as per the balance sheet of the parent company and share in the
post - acquisition increase in the relevant reserve of the
subsidiaries.
The consolidation financial statements have been prepared using uniform
accounting policies for like transactions and other event in similar
circumstances and are presented to the extent Possible, in the same
manner as the parent company's financial statements.
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