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CONTENTSITC s Foods Business : Creating Consumer Delight Board of Directors and Committees .. 01 report on Corporate Governance .. 10 Shareholder Information .. 24 report of the Directors & Management Discussion and Analysis .. 36 Certifi cate of Compliance from Auditors .. 78 CEO and CFO Certifi cation .. 79 Balance Sheet .. 80 Statement of Profi t and Loss .. 81 Cash Flow Statement .. 82 Notes to the Financial Statements .. 83 report of the Auditors .. 124 Guide to Subsidiaries/Joint Ventures/Associates .. 127 Consolidated Financial Statements .. 129 Ten Years at a Glance .. 176 Financial Highlights Business Update : ITC InfotechSustainability Updates : For All Our TomorrowsFMCG : Select LaunchesAwards and AccoladesTo enhance the wealth generating capability of the enterprise in a globalising environment, delivering superior and sustainablestakeholder valueMISSIONS ustain ITC s position as one of India s most valuable corporations through world class performance,creating growing value for the Indian economy and the Company s stakeholdersVISIONTC s Branded Packaged Foods business is one of the fastest growing foods businesses in India, driven by the market standing and consumer franchise of its seven popular brands - Aashirvaad, Sunfeast, Bingo!

ITC Limited - Report and Accounts 2012 Sunfeast straddles all segments of the market led by Dark Fantasy at the premium end. High quality married with

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