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Standalone Financials
147
CORPORATE OVERVIEW (1-31)
STATUTORY REPORTS (46-122)
FINANCIALS
(
`
in crores)
NOTESFORMINGPARTOFFINANCIAL STATEMENTS
Long-term investments (at cost) (contd.)
Brought forward
17,839.08
18,084.24
(3)
Fully paid Cumulative Redeemable Preference shares
(unquoted)
(a)
Subsidiaries
13,54,195
100
7% Concorde Motors (India) Ltd
13.54
13.54
-
-
6.25% TML Holdings Pte Ltd, (Singapore) [Note 5, page 149]
-
4,487.03
13,63,624 (GBP)
1
6% Tata Motors European Technical Centre Plc, UK
11.12
9.75
24.66
4,510.32
(b)
Associates
-
-
8% Tata AutoComp Systems Ltd
-
21.00
(c)
Others
-
-
7.5% Tata Sons Ltd
-
10.00
24.66
4,541.32
(4)
Non-Convertible Debentures (unquoted)
(i)
Others
-
-
8% Tata Projects Ltd
-
0.75
(B)
Other investments
(1)
Fully paid Equity shares (unquoted)
50,000
10
NICCO Jubilee Park Ltd.
0.05
0.05
17,863.79
22,626.36
Less : Provision for Diminution in value of
Long-term investments
108.73
108.73
(2)
Retained interest in securitisation
transactions (unquoted)
0.37
0.58
(3)
Advance towards investments
Tata Motors European Technical Centre Plc, UK
121.56
-
Tata International
25.00
-
PT Tata Motors Indonesia
1.30
-
Concorde Motors (India) Ltd
-
20.00
147.86
20.00
Total non-current investments
17,903.29
22,538.21
As at
As at
14. Non-current investments (contd.)
March 31, 2012
March 31, 2011
Number
Face value Description
per unit
Notes :
(1)
Face value per unit is in Rupees unless stated otherwise
As at
As at
March 31, 2012
March 31, 2011
(2)
Book value of quoted investments
353.49
349.04
(3)
Book value of unquoted investments
17,549.80
22,190.15
(4)
Market value of quoted investments
299.54
379.16
(5)
As per the shareholders agreement dated March 30, 2010, between Hitachi Construction Machinery Co. Ltd and the Company,
these shares are under restriction for sale, assignment or transfer for a period of 3 years from the date of the agreement except
under certain circumstances as provided in the said agreement.
(6)
The Company has given a letter of comfort to Standard Chartered Bank, London for GBP 15 million (
`
122.30 crores as on March 31,
2012) against loan extended by the bank to Tata Motors European Technical Centre Plc, UK (TMETC). Also the Company has given
an undertaking to Standard Chartered Bank, London to retain 100% ownership of TMETC at all times during the tenor of the loan.
FINANCIAL HIGHLIGHTS (32-45)