Five X Tradecom Ltd. - Quarterly/Annual Result Disclosures and Notes dated 31 Mar 2018

Notes:-

1 The above Financial Result for the quarter and year ended 31st March 2018 has been reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on 26th May 2018.

2 The statement has been prepared in accordance with the Companies (Indian Accounting Standards) Rules, 2015 (lnd AS) prescribed under section 133 of the Companies Act, 2013 and other recognized accounting practice and policies to the extent applicable. Beginning 1st April, 2017, the Company has adopted lnd AS with a transition date 1st April, 2016 and accordingly, restated results for the quarter and year ended 31st March, 2017.

3 The figures for the quarter ended 31" March, 2018 and 31" March, 2017 are the balancing figures between audited figures in respect of the full financial

year and the unaudited published year-to-date figures up to the third quarter ended 31st December, 2017 and 31st December, 2016 respectively.

4 Consequent to transaction from previous GAAP to IND AS, the Reconciliation of Net profit as previously reported on account of transition from the previous Indian Generally Accepted Accounting Principles (Indian GAAP) to Ind AS for the quarter and year ended March 31, 2017:



Particulars Quarter Ended 31st March 2017 Year Ended 31 Mar 2017

Net Profit as per GAAP 50.067 0.398

Other Comprehancive Income(Fair value gain/loss on Investment) 33.050 (64.829)

Other Adjustment 16.09 (32.20)

Comprehancive income for the Period 67.03 (32.23)



5 Reconciliation of Equity as previously reported under GAAP to IND AS:

Particulars As on 31st March 2017 As on 31st March 2016

Equity under Previous GAAP 103.987 103.5890

Deffered Tax Impact due to Balance Sheet Approach 87.317 70.295

Other comprehensive Income / (Expenses) (Net of Taxes) (292.323) (227.493)

Equity as per IND AS -101.019 -53.609





6 Certain financial instrument/investments have been recorded at fair values as at 1st April 2016 with the resultant gain/loss in the opening reserves. For subsequent measurement, these instruments hace been valued at amortized cost using effective interest rate/ fair value through profit and loss (FVTPL) / fair value through other comprehensive income (FVTOCI) as per accounting policy determined by the company.

7 The Company operates in Two Business Segment i.e. Commodity Trading Business and Finance Business Activities. Business segment has been identified as separable primary segment taking into Account the organizational and internal reporting structure as well as evaluation of risk and return of this segment.

8 This Result and Audit Report is available on company Website www.fivexfinance.com as well as BSE website www.bseindia.com

9 Investor Complaint for the Quarter Ended 31/03/2018. Opening - 0, Received -0, Resolved -0,Closing - 0.