INDEPENDENT AUDITOR'S REPORT ‘To the Members of Zomato Media Private Limited (Formerly known as “DC Foodicbay Online Services Private Limited”) Report on the Financial Statements We have audited the accompanying financial statements of Zomato Media Private Limited (“the Company”), which comprise the Balance Sheet as at March 31, 2013, and the Statement of Profit and Loss and Cash Flow Statement for the year then ended, and a summary of significant accounting policies and other explanatory information. ‘Management's Responsibility for the Financial Statements Management is responsible for the preparation of these financial statements that give a true and fair view ofthe financial position, financial performance and cash flows of the Company in accordance with accounting principles generally accepted in India, including the Accounting Standards referred to in sub-section (3C) of section 211 of the Companies Act, 1956 (“the Act"). This responsibility includes ‘the design, implementation and maintenance of intemal control relevant to the preparation and presentation of the financial statements that give a true and fair view and are free from material misstatement, whether due to fraud of error. Auditor’s Responsibility ‘Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with the Standards on Auditing issued by the Institute of Chartered ‘Accountants of India. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free from ‘material misstatement, An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the financial statements. The procedures selected depend on the auditor's judgment, including the assessment of the tisks of material misstatement of the financial statements, whether due to fraud or teror. In making those risk assessments, the auditor considers internal control relevant to the Company's preparation and fair presentation of the financial statements in order to design audit procedures that are appropriate in the circumstances, An audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of the accounting estimates made by management, as well as evaluating the overall presentation of the financial statements. We believe that the audit evidence we hhave obtained is sufficient and appropriate to provide a basis for our audit opinion,Opinion 1n our opinion and to the best of our information and according to the explanations given to us, the financial statements give the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India: (2) in the case ofthe Balance Sheet, of the state of affairs of the Company as at March 31, 2013; (bin the case ofthe Statement of Profit and Loss, ofthe loss forthe year ended on that date; and (©) in the case of the Cash Flow Statement, ofthe cash flows forthe year ended on that date Report on Other Legal and Regulatory Requirements 1. As required by the Companies (Auditor's Report) Order, 2003 (“the Order”) issued by the Central Government of India in terms of sub-section (4A) of section 227 of the Act, we give in the ‘Annexure a statement on the matters specified in paragraphs 4 and 5 of the Order. 2. As required by section 227(3) of the Act, we report that (a) We have obtained all the information and explanations which to the best of our knowledge and belief were necessary for the purpose of our audit; (b) In our opinion proper books of account as required by law have been kept by the Company so far as appears from our examination of those books; (©) The Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement dealt with by this Report are in agreement with the books of account; (@) In our opinion, the Balance Sheet, Statement of Profit and Loss, and Cash Flow Statement comply with the Accounting Standards referred to in subsection (3C) of section 211 of the Companies Act, 1956; (@) On the basis of written representations received from the directors as on March 31, 2013, and taken ‘on record by the Board of Directors, none of the directors is disqualified as on March 31, 2013, from being appointed as a director in terms of elause (g) of sub-section (1) of section 274 of the Companies Act, 1956. For SRBC. & Co LLP Chartered Accountants ICAI Firm Registration Number: 324982E Per Yogesh Midha Partner Membership Number: 94941 Place of Signature: Gurgaon Date: April 23, 2013ZOMATO MEDIA PRIVATE LIMITED (ormerly knowa as DC Foodichay Onl Services Private Lim Balance Shee ab at 31 March 2013 Note SI Mare, 2017 (Amountin RS) (mouutin Rs) igity and WaT ‘Shareholders funds ‘Shas capital 3 24502 221,600 Reserves and surplus 4 4,619.63 96,540.260 S64SD4285 97,061,860 [Non - curren liabilities ‘Long tem borowinss : Deere ax ibis (Net) - Trade payables 5 502.688 1,000 Long term provisions 6 1304939 476273, 2261677 0275 Current taitites Short erm borrowings 1 : 11339 Trade payables 5 5.784920 138529 ther eucent abilities 8 6.636283 4301574 Short erm provisions ‘ 4.602 86 TRAYS E760.198 TOTAL, a re Amets Now - current assets Fed ss “Tangible asets ° Naa33.448 7au1a10 Imangibe assets 0 2.964683 ‘92671 Capital work in progress 5 = [Nomeurent investments u 0,000,000 : Loans and advances 2 3.444139 2900,000 Other soa cute asses B 165.257830 180,000 233,679,696, TOss4O5r Current assets ‘Current investments 4 130,969,016, laventories 15 3.524.133 : Trade receivables 16 Sa27 920 5526816, (Cash and bank lances 1 156,844,556 749,646 ‘Loans and advances R 13082,835 3207328, (ter eurentassts B = 54459 STIR BEE ‘TOTAL se Summary of signiiant accounting polices 21 “Te sacompanyng notes ae an itera par of The Tanclal sateen ‘Aspe our report of even date ForSRBC& COLL For and on behalf ofthe Board of Directors of ira rgistration number: 3249828, ‘Zomato Media Private Limited (Charteed Accountants per Yogesh Midha Pankaj Chaddab Deepinder Goyal Partner (Director) rector) Mesbership No: 94981 Place: Gurgaon DateZOMATO MEDIA PRIVATE LIMITED. (tormery known a8 DC Foodieay Online Sevies Private Limited) Statement oof nd ln or he yar ended St arch 2013 Noe Mae, 201337 Nae 207F amount Rs) Income Revere fm operations (net) 18 3.760592 2oanr68 (ther income » 9.136959 49256 Tota reverse) TeV EICTIGTE Expemes Parte af waded soos 2 pasa (Unrest decrease mn venoris f waded gods 2» 6524133) Enployes benefits expeass Fa s20043r4 saz39908 Depreciation & atotzsion expense n 9.94/08 7633 ance costs 2 239 7251 Other expenses » 200953 sours os betes (9si278) sao Guren Ta Tout tx oxen Loss ater taxation but before prior peta tems wanza a for pero ens 2s BSD os for the yar asI5 ti Earnings per eauity share (nominal yale of ebare Re. 1 G1 Maren 202: Ke-f) 26 Base! ited (oss per ey sha ‘Compu othe tise os forthe ear (63592) (49545) Swumary of ignicant accounting policies he acon tse tal at of We Tana aD Aspe our eo of een date For SRBC COLLP rm rearation number: 3288820 GhaneretAssountnte er Yous Mita Manbasis No 93941 Foran on beta ofthe Board of Directors af ama Media Private Limit Deeper Gora Director)Tormey tao aD Poly Oc Seve Patent) ino) Ciara _ - nest.) sassy Denrcnion sl sation sues area Peta at et ‘i039 ‘oosinc a rear oa Tense Tas (Soe etaac) epee aaaaar0 ‘Sea lorem pone Uniwo ‘rene laa) stare es Deac! Gacee) nee eben so1i09 oxi, Deseue/ ia nor bass, : Dee ine nos acs a8) sonia ‘aed oper TE eriaaie) Pans ote : Nea se pers cD EG ECO Forde otuednce nbn CWP aca atone assis asian) [en nn ep hang many teh ee mans) e298) \o0) Poche ofeencurn et ‘soneom0) Pee four urna casezo16) Racat tooled aS ST rae raf om a ey ngs Secs ome aE Tan penetien mama Beast tienda So aa Focaad ea tte Bord Dict kaha Deine Gora Pied ee)Toemcyonna sD Yorn an Sere Pat Lt) seit nmi nen eure} Sash ated nts nanan oe SE me — Pte ae ae eBay te Sra te — Tiere Theat ‘eect tess Be ou 50 ae ee RICmacat oe dasofcqy vs bing pve Re yr se Ea hole fey eile note she ‘Buryicy ne eh Coy nd 8.222 CCR Re dh pap pm tet de OSES cme [Sita esocd Buds pt nti ther cl er pe} er ain ee ay eed enon, Se cts Gear octans sl seo hrw mache ar mah sob’ he saa aes sow ah OCCRPS aida become OCCRES etd ove he OCCRPS ne Sy any i an armas ath epee ls on wih ah See ee eer increta n ? Spmaber 21) Wihebr racer coos, be ep le 9 hy CRS nee i compat ny coven mb ag een ph al bast een y sy ae Neen te etna a tttccndt tn cnronss ond hiner detent cpa pcs he ch {tse nb cng, sty dn onpen ebee — = ee se it Lid TeRsDND cS R00 ee hast Re Lach ag sae a ee Severn a meninRad Na tea In geet ini sos some ow oma esa esa ma to ie “+ Tinnc21 08 seen eh oF Eno ESOP Tat yt coil) ‘ee itr Seah sass sons ‘USES ee thal dene ovat swGoiartaoce ert ins Shas yp eR 00431 ah2012 Re 000) s * Nice net a be oe a a =r, (amemieRs) _Asvestsi) Anuenta Rs} sent Fone Gran ase gest Pree st 1s Pevsner tres ronnie it S SaaS SSS ee mut a zi i Shak tos Naor (hematin) Amp Prat nlc ‘sor SstZOMATO MEDIA PRIVATE LIMITED (Farmer hnewn a DC Fancy Online Seis Pate Limit) [efeta fen satement forthe er ost ‘Net Awa ‘adn ‘ACH Mare 20 Diyos AGM March Depreciation ‘Charge forthe year Dios ‘ACS March 2012 hae theyre [NG Marek 2005, ACSI March 2002 AGH Mark aries et age 201 Poche Dispel |At3) March2012 Pcie apo ‘arta 201 Cage ote yer ACI March 2012 Chae eye Dials ‘A631 March 2012 od 3 Mar 5 “renliions ead Faria Frings Computers Nite Vensies Tepe epee stamens ane 2673 sesea neo sagas 1192708 sn 1008 stons 1oisa ssinses 7 9500 36380 vase Sarr Tae Tasos isos Tas Tips eos aamas raates Ronis fests msi "Sasa : . ‘st = 337 oa me sae amass sai a_i ast gue auagor issae2 6356 22608 38 238 Saas 281336 2598 welast 12808 : 7 24s7 2199 v7 Ta sus we Toss a9 we Tapas nats pesto 1s Ars sans 1200381 nos "e008 80st 151136 wise wae Ta Tan3a06 mae Tas aw Tas a aE amas Ta Ta FAITE Brass Tsk 799391 Sao sr Thun mount in eas eum “ anast eas : é ona we aaa 7 Tse S513 sine 01086 sso asst 5953 Is =a soso sass sea Sat as an(Garman oD Fn One evi ite Lid) Se fan terrane exed 3) March 8 tpn al Sedo Rs Weak yes som 1 (Amo a Rs) ‘Amoont in Ra (Amount in Ra (Amouat a Ks Seteeh eareseee Sats ‘E500 cg 000 Uoesel conden nol 2 zones Lesa Docs way pvemet rte c *ypaotL us = sans se ‘da futieM) (Amaia ty (Ament Tare cared ed on va oe eae in asc ween ned deta anes B sarats fm saat hen nel 9 Stash 208 owes) Aman a RS , Voaaed mata nde {De Urs St Tom Fen Oech al ed ase18s70 . ‘ozAst wet Moh 012 Ni a (wana) matin) ‘sewatne) _(Anvuntn tarsenaten in Sa Price de cna isi (ammurias) (Amati) wearin) (Anais ‘Dapoas with orginal maturity foe are than 3 eM Oa es ssoa0se 1.p0q000 imc s: “Ano dian under cbernanewr sts 13) gana, pg eae vt compen beakers aint pte sn 000 mo e3002 ZOMATO MEDIA PRIVATE LIMITED, (ormerty known ax DC Fodichay Online Services Private Limited) ‘ote to aan statements forthe year ended 31 March 2013, Revenue from operations Taran aor Si Mereraoe Soount Ry (Amount ns) even om averabmts 1o0s.9.306 150953663 even om le ferent kes 3360452 aaa Revenue om rest bookins 1301358 Upna93 Revenue rom peation (nt) aD FIRE ther income Maren ons Maver 07F (Amount Re) Aout is Inet income 09 Bank deposits gsasare 376681 Dividend cone o Curent mesents soos Profit onsale of ed as 103399 Other nonopeating nome 1s wossos = (lnrese erease nineties Manso) ST Nach 2 Invern the nd fhe yar Dea o purchase of raded gods Food us (Amavtin Rs) 32438 (Amount in Re) EEENED spout in Ra) 4055.88 S85 ET (Amount in Be) Fr EET (Amoumtin Rs) (Amountia Re) Salaries, wags bom ssaioais 743.081 Cntibutor to provident and her funds e232 ‘Gray Expense oxte27). 1351990 sane Saltwelfieexpnses sivas 1932138 Deprecinin and amortization expense sp Bae ends T Marah BO (Amount ine) (Amount in ‘Aroriaon of angie mt 158231 _ “ams SASS restsa 3s 6 ‘ZOMTO MEDIA PRIVATE LIMITED (Formerly known ae DC Faicay OnlineServices Private Limit) Note 4 aul stsements forthe year ended 3 March 2013 ince cots Fi Mareno1s a1 Maren a7 mount in Ws) Amount in R, Bank Charges rea00 as a Tae rer expenses Sarah SOS ST Naren aT (Amount ine) Amount ie Rs) Perea 2sse731 soa Ree 19012337 082.38 Rates ans tases 544 103 301 Reps ad maine: = Plat and mh 11291 1 ssaset Siang ‘a5in9 ‘ens “adverssment snd sls promotion nas 883 sions cling an conveyance aigsias isn 568 Communication coe 992.767 2399553 Conmisiee ‘70089 ‘so1a70 Brokerage and discounts 207980 Sess Pring nd toy a0 74 19833 Exchange erences) 383 020 Jeb watk expenses 1085 360 La La and pretest! fos 408.62 taoa7 Payment ator eer da Blow) ‘3580 bane Deposits writen off Su0ip00| Bad deer wren ff Lams Bu3e7 Provon for dub debis and advances 2astiee Micelaneous expenses 4.8 oom — ae Payment autor Se Narendos sweet ‘dt Foe 00000 2000 Raimbureen of expenses 3504 187% Tota a or Prot period items i Narend01s 31 Niven Amount Rs) (Amount RS Scare, Wages and Bonus sas085 Proven und 410.309 arnings pershare(EPS) ‘The following refs the rf and sar dt use inthe bse FPS compra: Macha 0 Nreh {Amountin Rs) (Amount in Rs) ToaTopertion rhea Neti or caleuliton of ae EPS 400318.96) 76487033) ‘Weighed average umber of uy share caleulating base EPS W786 13437 Baa! ie spar ogy share ($350) (49545) “Thre arepetil si es son 31 Meh 201 an 31 March 2012 the frm of OCCRPS, As thse sea ae, they tego Inthe caulation of ts caming por shar snd aca th led ear et stare isthe same os asc eins pet shepn i a fed seed ont ccd “foi nan econo foc pe pindin nfeeo Aten tne te nemo on = ms na —_,..W77Y7Y]7]?7?]??]2_OV_t nikal dont st ase mas ie “Therma sis i ig nts ace Si eo ——~"rrnee ET Aewieeay cused ‘conti yi elt an ie aa nn ey mia ae ee hp Eecienecim nt Anesees) Gamat imate Sm cya opin a sy 200 ere i cso iy 281018 31a ane‘7OMATO MEDIA PRIVATE LIMITED. (rm kaon DC Fotity OnlineServices Private Linited) Soin lanl terete oh ea ended 31 Mart 20 Lewes The company as peat ase or pce for oe premie AmmeatinRe) (Amour ia Rs Teas payment or prod Rest or oce memes gous cosan8 Tans a ‘The Company hast nen eke nyu ine the amet en Sexmentiforaation ‘he vinary pig ofthe Company ba ee pmo the ass of bet eget Te ompsny eng in pti Ice pel povidg also fafa, aig bot ied oa on tc, icles, iy eve (Cfo sot estos & ars nd ter ons ponders toe aaled by was othe webste aig none eons tow dg eps sd sted isa ty ema, bls and beetles io vee easels 1 he pe aie ‘wind abe Gograpcal sexmens Seomiry Seq rpg i pertamed oot asf he geoph acon of cstames The fllwing tubes Show he ‘Suasatn ofthe Company's sls by geogmohicl market, anyng aout of ent asx an adtion to segment assy Parca TTS (Nmosatia Re) (Amount i One 55855 ane! ‘ou Tisra90 TEE Asst aio tml al tbl fed ase by seo as “he loving sons te cays semen att a ain agen az by oracle se ae lost Tar oe SLMarch3013 3 Maveh 201231 March 201551 March ae ons.ar . ake 8030 : 12001 out x rroma neil sen fh er cnc ah am ore parted reer ein [Namo ETE TT TE TE TE aa Besant Fd Eee SOP Trt Tas | ws lacs [nose lesa inte 7 ssa . set 8 4 loscaidese < no Lins) songs mass e967 see fe Ese nl Limit) son sons segs] zest. sass [ett se iL 200 x 209 Z eas cise arsn| . . asa 7 sce oe = a Jean sam 523 : : a0 (Deassccea, ssn 450 (rpc ermal ef Ken)FRIVATE LIMETED ery Kn Fete aac Seve Peni) i ean tn tb a ad pease aie 74066) ‘wl a SESEEESASSESAIS ei atten eens tc en TAL DTA herb ina gn en apenetii venom, snd fe cto