Annual Report 2012-2013 of TCFC Finance Limited

It is a broadly described annual report of TCFC Finance Limited in the year of 2012-13. During the financial year, Total assets of the Company stood at Rs. 773,427,612 million. The Share Capital of the Company stood at Rs. 104,821,290 million. The Company earned total income for the year was Rs. 2,206,761,752 Lacs. The Company has made a net loss of Rs. 40.14 Lacs after writing off Rs. 500 Lacs in respect of a bad debt, in the year under report as against profit of Rs. 104.88 Lacs in the previous year. Prior to the write-off, the Company made an operating profit of Rs. 459.04 Lacs from its investment operations. Earnings per equity share: (face value Rs 10) Basic and Diluted Rs. (0.38).

The Board of Directors of the Company has do not recommend any dividend for the period under review.

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