The document summarizes the roles of an auditor's report and director's report for Nestle India Limited. It provides details from the auditor's report, stating that the company provided all necessary information for auditing, followed proper accounting standards, and the books of accounts present a true and fair view with no issues noted. It also summarizes the director's report, noting an increase in gross revenue and net profit, payment of two interim dividends, new product launches, distribution expansion, cost reductions and working capital improvements during the year.

1. Analysis of Auditor’s andDirector’s report Of NESTLE INDIA LIMITED Presented by ANKIT MISHRA-91123 ARCHIT SINGH-91127 AYUSHMAN ROY CHOUDHARY-91128 DINESH JOSHI-91131 PRIYANSH SHARMA-91148 SHASHI RANJAN-91156

2. What is auditing? Checking the books of accounts of a company whether the books are of true and fair view.

3. Role of auditor’s report Important role in ensuring financial discipline in a company

4. Role of Director’s report Annual score card of the performance of company management.

6. None of the directors have been disqualified from being appointed.

7. Proper Accounting Standards are followed.

9. SUMMARISING DIRECTOR’S REPORT FINANCIAL RESULTS AND OPERATIONS: Statutory change in Accounting policy Increase in Gross Revenue and net profit. No shares have been issued in this financial year. Domestic sales grew by 14.1% during the year. EXPORTS: Export sales for the year has grown by 17.5% in volume terms.

10. SUMMARISING DIRECTOR’S REPORT CONT… DIVIDENDS: Two interim dividends were paid during 2001 i.e.,Rs.14/share BUSINESS DEVELOPMENT: Launch of new products in the market Expand distribution Reduction in manufacturing costs Improvement in customer service Improve freshness of stock and reduce working capital

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