Annual Report

Britannia Annual Report 2011-12

BOARD OF DIRECTORS

CHAIRMAN :

Nusli N Wadia

MANAGING DIRECTOR :

Vinita Bali

DIRECTORS :

A K Hirjee

S S Kelkar

Avijit Deb

Nimesh N Kampani

Jeh N Wadia

Keki Dadiseth

Ajai Puri

Nasser Munjee

Ness N Wadia

Vijay L Kelkar

CHIEF FINANCIAL OFFICER :

Raju Thomas

COMPANY SECRETARY :

P Govindan

AUDITORS :

B S R & Co.

Chartered Accountants

Maruthi Info-Tech Centre,

11-12/1, Inner Ring Road, Koramangala,

Bangalore - 560 071.

BANKERS :

Bank of America N. A.

Bank of Tokyo-Mitsubishi UFJ

Citibank N. A.

HDFC Bank Limited

Indian Bank

Standard Chartered Bank

State Bank of India

The Hongkong and Shanghai Banking Corporation Limited

The Royal Bank of Scotland N. V.

Registered Office : 5/1A, Hungerford Street, Kolkata – 700 017.

Executive Office : Britannia Gardens, Old Airport Road, Vimanapura, Bangalore - 560 017.CONTENTS

Financial Highlights .....................................................................................................................................01

Report of the Directors .................................................................................................................................02

Management Discussion and Analysis..........................................................................................................15

Report on Corporate Governance.................................................................................................................18

Auditors’ Report ...........................................................................................................................................31

Balance Sheet ................................................................................................................................................34

Statement of Profit and Loss...