Theme Performance Highlights Letter from the Chairman

Europe - Value Creation India – Building Brands USA – Spreading footprints

Research & Innovation Manufacturing capabilities Board of Directors

Management Team Directors’ Report Consolidated Balance Sheet as at December 31, 2007

Consolidated statement of Profit and Loss Account for the Year Ended Dec 31, 2007 Consolidated Statement of Cash Flow for the Year Ended Dec 31, 2007 Notes to Consolidated Financial Statements

Auditors’ Report Balance Sheet as at December 31, 2007 Profit and Loss Account for the Year Ended Dec 31, 2007

Cash Flow Statement for the Year Ended Dec 31, 2007 Notes to Accounts for the Year Ended Dec 31, 2007 Annexure to the Directors’ Report

Management Discussion and Analysis Report Report on Corporate governance Shareholder Information

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