|
|
|
|
|
(Rs. Crore) |
|
|
|
As at 31 March 2011 |
|
As at 31March 2010 |
|
|
|
|
| SCHEDULE '1' |
|
|
|
|
| SHARE CAPITAL |
|
|
|
|
| Authorized: |
|
|
|
|
| 2,100,000,000 Previous year 2,100,000,000) Equity Shares of ` 1/- each. |
|
210.00 |
|
210.00 |
| 25,000,000 Previous year 25,000,000) Redeemable Cumulative Preference Shares of ` 2/- each |
5.00 |
|
5.00 |
| |
|
215.00 |
|
215.00 |
|
|
|
|
|
|
| Issued: |
|
|
|
|
| 1,914,951,560 Previous year 1,914,727,460) Equity Shares of ` 1/- each |
|
191.50 |
|
191.47 |
|
|
|
191.50 |
|
191.47 |
|
|
|
|
|
|
| Subscribed and Paid-up: |
|
|
|
|
| 1,914,944,163 Previous year 1,914,008,691) Equity Shares of ` 1/- each fully paid-up |
191.49 |
|
191.40 |
| Less: Face value of 546,249 Previous year 546,249) Equity Shares forfeited |
|
0.05 |
|
0.05 |
|
|
|
191.44 |
|
191.35 |
| Add: Forfeited Shares Account (Amount Paid-up) |
|
0.02 |
|
0.02 |
| |
|
191.46 |
|
191.37 |
|
|
|
|
|
|
| SCHEDULE `2 ' |
|
|
|
|
| RESERVES AND SURPLUS |
|
|
|
|
| Capital Reserve |
|
494.65 |
|
458.38 |
| Capital Redemption Reserve |
|
101.57 |
|
101.57 |
| Securities Premium Account |
|
3,341.42 |
|
3,331.55 |
| Business Reconstruction Reserve (refer Note No. C 9 (a) in Schedule'20') |
|
7,165.40 |
|
3,726.11 |
| Business Restructuring Reserve |
|
1.17 |
|
1.17 |
| Special Reserve |
|
8.99 |
|
8.53 |
| Foreign Currency Translation Reserve |
|
(32.94) |
|
(1,576.24) |
| Hedging Reserve |
|
110.41 |
|
(217.05) |
| General Reserve |
|
17,642.08 |
|
15,889.26 |
| Profit & Loss Account Balance |
|
(8.46) |
|
(377.08) |
| |
|
28,824.29 |
|
21,346.20 |
|
|
|
|
|
|
| SCHEDULE '3' |
|
|
|
|
| SECURED LOANS |
|
|
|
|
| Loans from Banks |
|
13,735.15 |
|
10,761.38 |
| Other Loans |
|
0.63 |
|
1.33 |
|
|
13,735.78 |
|
10,762.71 |
|
|
|
|
|
|
| SCHEDULE '4' |
|
|
|
|
| UNSECURED LOANS |
|
|
|
|
| Fixed Deposits |
|
- |
|
0.33 |
| Debentures/ Senior Notes |
|
11,466.77 |
|
6,118.53 |
| Short Term Loans: |
|
|
|
|
| From Banks |
|
2,229.88 |
|
1,814.27 |
| From Others |
|
- |
|
100.00 |
| Other Loans: |
|
|
|
|
| From Banks |
|
26.42 |
|
4,982.90 |
| From Others |
|
233.12 |
|
219.96 |
|
|
13,956.19 |
|
13,235.99 |
| SCHEDULE 5 |
|
|
|
|
|
|
|
|
| FIXED ASSETS |
|
|
|
|
|
|
|
(Rs.Crore) |
|
|
|
|
|
|
|
|
|
|
|
| |
|
|
Original cost |
Depreciation |
Impairment |
Net Book Value |
| |
|
|
As at 31 March 2011 |
As at 31 March2010 |
As at 31 March 2011 |
As at 31 March 2010 |
As at 31 March2011 |
As at 31March 2010 |
As at 31 March 2011 |
As at 31 March 2010 |
| |
|
|
| A. |
Tangible Assets |
|
|
|
|
|
|
|
|
| |
|
Mining Rights |
1,503.03 |
1,343.52 |
701.83 |
615.50 |
- |
- |
801.20 |
728.02 |
| |
|
Leasehold Land |
100.52 |
99.47 |
9.53 |
8.28 |
- |
- |
90.99 |
91.19 |
| |
|
Freehold Land |
1,072.01 |
1,068.43 |
73.42 |
59.43 |
22.80 |
22.95 |
975.79 |
986.05 |
| |
|
Buildings |
4,958.36 |
4,797.93 |
1,337.36 |
1,044.44 |
12.49 |
12.49 |
3,608.51 |
3,741.00 |
| |
|
Plant and Machinery |
25,681.49 |
24,865.88 |
11,557.79 |
9,519.90 |
219.24 |
239.66 |
13,904.46 |
15,106.32 |
| |
|
Vehicles and Aircraft |
410.77 |
160.17 |
84.49 |
76.16 |
- |
- |
326.28 |
84.01 |
| |
|
Furniture and Fittings |
866.82 |
769.61 |
488.67 |
423.91 |
- |
- |
378.15 |
345.70 |
| |
|
Railway Sidings |
67.36 |
55.06 |
19.54 |
13.03 |
- |
- |
47.82 |
42.03 |
| |
|
Live Stock |
- |
0.08 |
- |
- |
- |
- |
- |
0.08 |
| |
|
|
|
|
|
|
|
|
|
|
| B. |
Intangible Assets |
|
|
|
|
|
|
|
|
| |
|
Goodwill |
8,941.36 |
8,030.66 |
- |
- |
- |
3,597.30 |
8,941.36 |
4,433.36 |
| |
|
Rehabilitation Assets |
220.72 |
103.90 |
41.41 |
34.07 |
- |
- |
179.31 |
69.83 |
| |
|
Technology |
778.76 |
774.70 |
223.58 |
169.26 |
- |
- |
555.18 |
605.44 |
| |
|
Computer Software |
224.60 |
222.64 |
162.77 |
146.63 |
- |
- |
61.83 |
76.01 |
| |
|
Trade Marks |
646.84 |
628.68 |
125.34 |
90.39 |
- |
- |
521.50 |
538.29 |
| |
|
Customer Relationship |
2,113.89 |
2,080.11 |
408.40 |
298.27 |
- |
- |
1,705.49 |
1,781.84 |
| |
|
Favourable Contracts |
620.22 |
621.30 |
312.78 |
249.95 |
- |
- |
307.44 |
371.35 |
| |
|
|
|
|
|
|
|
|
|
|
| |
|
|
48,206.75 |
45,622.14 |
15,546.91 |
12,749.22 |
254.53 |
3,872.40 |
32,405.31 |
29,000.52 |
| C. |
Capital Work-in-Progress (including advances and incidental expenditure during construction period) |
|
|
13,130.77 |
5,800.80 |
| |
|
|
|
|
|
|
|
|
45,536.08 |
34,801.32 |
|
(Rs. Crore) |
|
As at 31 March 2011 |
As at 31 March 2010 |
| SCHEDULE '6' |
|
|
| INVESTMENTS |
|
|
| A. Long Term Investments: |
|
|
| Government Securities |
20.13 |
161.75 |
| Shares in Associates |
|
|
| Share in Net Assets |
1,362.45 |
1,215.44 |
| Goodwill/ Capital Reserve (Net) |
3,452.67 |
3,476.71 |
| Shares, Debentures, Bonds, Units of Mutual Funds and Others |
497.39 |
488.04 |
| B. Current Investments: |
|
|
| Government Securities |
132.45 |
- |
| Shares, Debentures, Bonds, Units of Mutual Funds and Others |
5,389.80 |
5,903.60 |
|
|
10,854.89 |
11,245.54 |
|
|
|
|
|
|
|
|
| SCHEDULE '7' |
|
|
| INVENTORIES |
|
|
| Stores and Spare parts |
848.35 |
754.44 |
| Coal and Fuel |
123.86 |
119.82 |
| Raw Materials |
5,541.92 |
3,747.23 |
| Work-in-Process |
5,805.72 |
5,074.62 |
| Finished Goods |
1,745.01 |
1,557.60 |
| Excise Duty on Stock |
30.72 |
21.70 |
|
|
14,095.58 |
11,275.41 |
|
|
|
|
| SCHEDULE '8' |
|
|
| SUNDRY DEBTORS |
|
|
| Considered Good |
7,999.57 |
6,543.69 |
| Considered Doubtful |
67.82 |
56.88 |
|
|
8,067.39 |
6,600.57 |
| Less: Provision for doubtful debts |
67.82 |
56.88 |
|
7,999.57 |
6,543.69 |
|
|
|
|
| SCHEDULE `9' |
|
|
| CASH AND BANK BALANCES |
|
|
| Cash balance on hand |
0.89 |
1.03 |
| Cheques and Drafts in hand |
13.08 |
26.80 |
| Balance with Scheduled Banks: |
|
|
| In Current Accounts |
129.08 |
138.71 |
| In Deposit Account |
298.50 |
65.59 |
| Balance with Others: |
|
|
| In Current Accounts |
734.67 |
1,138.15 |
| In Deposit Account |
1,380.12 |
825.11 |
| |
2,556.34 |
2,195.39 |
|
|
|
(Rs. Crore) |
| |
As at 31 March 2011 |
As at 31 March 2010 |
|
|
| SCHEDULE `10' |
|
|
| OTHER CURRENT ASSETS |
|
|
| Accrued Interest |
|
|
| On Investments |
4.75 |
3.87 |
| On Inter Corporate Deposits and Deposit in Banks |
14.20 |
2.99 |
| On Others |
3.93 |
4.59 |
| Accrued Export and other Incentives |
111.58 |
45.42 |
|
|
134.46 |
56.87 |
|
|
|
|
| SCHEDULE '11' |
|
|
| LOANS AND ADVANCES |
|
|
| Advances recoverable in cash or in kind or for value to be received/adjusted |
2,018.39 |
1,429.53 |
| Derivative Assets |
932.67 |
1,052.33 |
| Balance with Customs, Port Trusts, Excise etc. |
128.50 |
479.02 |
| Inter Corporate Deposits |
84.88 |
121.72 |
| Trident Trust |
34.45 |
34.45 |
|
3,198.89 |
3,117.05 |
|
|
|
|
| SCHEDULE '12' |
|
|
| CURRENT LIABILITIES |
|
|
| Acceptances |
1,768.39 |
1,781.61 |
| Sundry Creditors |
12,980.46 |
9,742.03 |
| Customers' Credit Balances and Advances against orders |
261.72 |
172.54 |
| Derivative Liabilities |
881.45 |
1,031.14 |
| Investor Education and Protection Fund shall be credited by the following: |
|
|
| Unpaid Dividends |
7.35 |
7.26 |
| Unpaid Application/Call Money due for Refund |
0.44 |
0.44 |
| Unpaid Redeemed Preference Shares |
0.08 |
0.08 |
| Other Liabilities |
276.27 |
279.10 |
| Interest accrued but not due on Debentures, Loans and Deposits |
293.00 |
85.42 |
| |
16,469.16 |
13,099.62 |
|
|
|
|
| SCHEDULE '13' |
|
|
| PROVISIONS |
|
|
| Provision for Taxation (Net) |
410.20 |
489.07 |
| Dividends |
287.69 |
259.91 |
| Dividend Tax |
46.77 |
43.48 |
| Employee Benefits |
2,807.63 |
2,646.28 |
| Other Provisions |
1,662.58 |
1,478.22 |
| |
5,214.87 |
4,916.96 |
|
|
|
|
| SCHEDULE '14' |
|
|
| MISCELLANEOUS EXPENDITURE |
|
|
| (To the extent not written off or adjusted) |
|
|
| Miscellaneous |
0.01 |
0.03 |
|
|
0.01 |
0.03 |
| (Rs. Crore) |
|
For the year ended
31 March 2011 |
For the year ended
31 March 2010 |
| SCHEDULE `15' |
|
|
| GROSS SALES AND OPERATING REVENUES |
|
|
| A. Sales and Services |
|
|
| Net Sales |
71,800.80 |
60,548.36 |
| Excise Duty |
1,501.01 |
1,054.41 |
| Gross Sales |
73,301.81 |
61,602.77 |
| B. Operating Revenues |
|
|
| Export and other Incentives |
139.23 |
59.58 |
| Miscellaneous Receipts and Claims |
137.84 |
99.98 |
|
|
277.07 |
159.56 |
|
|
73,578.88 |
61,762.33 |
|
|
|
|
| SCHEDULE '16' |
|
|
| OTHER INCOME |
|
|
| Rent Received |
6.56 |
5.43 |
| Profit/(Loss) on Fixed Assets sold/discarded (Net) |
10.70 |
(16.96) |
| Income from Current Investments: |
|
|
| Interest |
10.33 |
- |
| Dividend |
238.50 |
128.12 |
| Profit/(Loss) on sale of Investments (Net) |
4.31 |
37.69 |
| Change in carrying amount of Investments (Net) |
(5.04) |
(0.18) |
| Income from Long Term Investments: |
|
|
| Interest |
9.72 |
18.36 |
| Dividend |
18.23 |
18.72 |
| Profit/(Loss) on sale of Investments (Net) |
0.56 |
2.10 |
| (Diminution)/ write back in carrying cost of Investments (Net) |
(0.11) |
(0.11) |
| Interest from Inter Corporate Deposits and Deposit in Banks |
24.90 |
15.25 |
| Interest from Others |
109.47 |
101.61 |
| Miscellaneous Income |
2.72 |
12.68 |
| |
430.85 |
322.71 |
|
|
|
|
| SCHEDULE '17' |
|
|
| (INCREASE)/ DECREASE IN STOCKS |
|
|
| Opening Stocks: |
|
|
| Work-in-Process |
5,074.62 |
3,923.59 |
| Finished Goods |
1,579.30 |
1,330.11 |
|
|
6,653.92 |
5,253.70 |
| Less: Closing Stocks: |
|
|
| Work-in-Process |
5,805.72 |
5,074.62 |
| Finished Goods |
1,775.73 |
1,579.30 |
|
|
7,581.45 |
6,653.92 |
|
|
(927.53) |
1,400.22) |
| Less: Change in Excise Duty on Stock |
(9.02) |
(10.58) |
| Less: Currency Translation Adjustment |
(25.20) |
311.55 |
|
|
(893.31) |
(1,701.19) |
|
(Rs. Crore) |
For the year ended
31 March 2011 |
For the year ended
31 March 2010 |
| SCHEDULE '18' |
|
|
| MANUFACTURING AND OTHER EXPENSES |
|
|
| Raw Materials Consumed |
47,416.27 |
38,100.38 |
| Power and Fuel |
3,686.80 |
3,345.14 |
| Payments to and Provisions for Employees |
|
|
| Salaries, Wages and Bonus |
4,273.41 |
4,176.77 |
| Contribution to Provident and other Funds |
347.87 |
221.61 |
| Employees Welfare |
972.00 |
658.90 |
| Other Expenses |
|
|
| Consumption of Stores and Spare parts |
2,092.05 |
2,190.31 |
| Repairs to Buildings |
151.18 |
183.88 |
| Repairs to Machinery |
1,129.10 |
836.97 |
| Rates and Taxes |
90.90 |
92.79 |
| Rent |
153.53 |
177.52 |
| Insurance |
132.13 |
118.05 |
| Auditors' Remuneration |
33.05 |
37.68 |
| Research and Development |
187.92 |
186.99 |
| Discount on Sales |
23.02 |
21.02 |
| Commission on Sales |
48.24 |
37.34 |
| Freight and Forwarding (Net) |
1,694.29 |
1,640.79 |
| Provision for doubtful debts/(written back) (Net) |
9.32 |
26.40 |
| Bad Debts written off/(written back) (Net) |
3.72 |
0.40 |
| Donation |
36.15 |
50.80 |
| Directors' Fees |
2.83 |
3.02 |
| Directors' Commission |
14.00 |
14.00 |
| Miscellaneous Expenditure written off |
0.20 |
0.73 |
| Incidental Expenditure written off |
0.09 |
11.58 |
| Transfer to Capital Work-in-Progress and others |
(42.82) |
(14.19) |
| Liability no longer required written back (Net) |
(80.12) |
(143.01) |
| (Gain)/Loss on Change in Fair Value of Derivatives (Net) |
(56.78) |
(1,159.32) |
| Miscellaneous |
2,128.82 |
1,772.97 |
|
64,447.17 |
52,589.52 |
|
|
|
|
| SCHEDULE '19' |
|
|
| INTEREST AND FINANCE CHARGES |
|
|
| Interest on Debentures and other Fixed Loans |
1,104.32 |
983.51 |
| Interest on Others |
115.50 |
245.87 |
| Other Finance Charges |
1,014.82 |
210.54 |
|
|
2,234.64 |
1,439.92 |
| Less: Interest and Finance Charges Capitalized |
395.30 |
335.78 |
|
|
1,839.34 |
1,104.14 |
|
|
|
