whiteline barter ltd Management discussions


WHITELINE BARTER LIMITED ANNUAL REPORT 2007-2008 MANAGEMENT DISCUSSION AND ANALYSIS FINANCIAL RESULTS: The working result of the company for the year stand as follows: Particulars Year ended Year ended 31.03.2008 31.03.2007 (In Rs.) (In Rs.) Profit/(Loss) Before Taxation (9,156.51) 18,968.30 Less: Provision for Taxation-Current - - Profit/(Loss) after Tax (9,156.51) 18,968.30 Add : Balance brought forward from last year 121,391.75 109,647.45 Less: Income Tax for the earlier year - 7,224.00 Add: Excess Income Tax Provision Written Back 18,269.00 - Balance carried to Balance Sheet 130,504.24 121,391.75 OPERATIONS: The performance of the Company during the current year is not satisfactory in comparison to the previous year. Your Directors are hopeful that the performance of the Company will improve in the coming year.