Page 146 - TATA Motors AR_2011-12

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144
Sixty-Seventh Annual Report 2011-2012
(
`
in crores)
NOTES FORMING PART OF FINANCIAL STATEMENTS
As at
As at
March 31,
March 31,
9. Trade payables
2012
2011
(a) Acceptances
3,808.24
4,864.73
(b) Other than acceptances* [Note 44 (iv), page 168]
4,936.59
3,952.54
8,744.83
8,817.27
* Includes payable to subsidiary companies :
Sheba Properties Ltd
-
0.52
TAL Manufacturing Solutions Ltd
16.09
37.45
Tata Motors European Technical Centre Plc
7.91
10.35
Tata Motors Finance Ltd
84.84
62.05
Tata Technologies Ltd
18.15
21.05
TML Distribution Company Ltd
102.22
-
Jaguar Cars Ltd
6.44
14.32
Land Rover
41.10
24.51
Trilix Srl, Turin (Italy)
14.02
2.30
As at
As at
March 31,
March 31,
10. Other current liabilities
2012
2011
(a) Interest accrued but not due on borrowings
365.05
239.98
(b) Current maturities of long term borrowings [Note below]
4,868.94
1,277.24
(c) Liability for capital expenditure
415.78
334.66
(d) Liability for deposits & retention
37.67
53.74
(e) Deferred payment liabilities
75.30
75.30
(f ) Advance and progress payments from customers
717.55
596.70
(g) Statutory dues (VAT, Excise, Service tax, Octroi etc)
591.98
540.10
(h) Liability towards premium on redemption of Non-Convertible Debentures
96.55
-
(i) Liability towards Investors Education and Protection Fund under Section 205C of
the Companies Act, 1956 (IEPF) not due
(i) Unpaid dividends
15.83
12.55
(ii) Unclaimed matured deposits
171.69
9.66
(iii) Unclaimed matured debentures
0.21
0.21
(iv) Unclaimed interest on deposits and debentures
1.68
0.92
(j) Derivative financial instruments
27.02
1.91
(k) Others
85.70
67.40
7,470.95
3,210.37
Note :
Current maturities of long term borrowings consist of :
(i) Non-Convertible Debentures
350.00
-
(ii) Buyers credit (capex) in foreign currency
354.34
68.01
(iii) Foreign Currency Convertible Notes (FCCN) / Convertible
Alternative Reference Securities (CARS)
2,406.74
4.00
(iv) Fixed deposits*
1,744.03
1,199.02
(v) Finance lease obligations [Note 30(A)(a)(ii), page 157]
13.83
6.21
4,868.94
1,277.24
* Includes from Directors
0.20
10.20
As at
As at
March 31,
March 31,
11. Short-term provisions
2012
2011
(a) Employee benefit obligation
38.17
26.16
(b) Product warranty [Note 37(a), page 164]
387.26
346.27
(c) Current income tax (net of payment)
181.08
160.42
(d) Premium on redemption of Foreign Currency Convertible Notes (FCCN)
and Convertible Alternative Reference Securities (CARS)[Note 37(c), page 164]
855.73
0.87
(e) Proposed dividend
1,280.70
1,274.23
(f ) Provision for tax on dividends
183.02
192.80
(g) Others
28.60
13.11
2,954.56
2,013.86