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Standalone Financials
157
CORPORATE OVERVIEW (1-31)
STATUTORY REPORTS (46-122)
FINANCIALS
30. Disclosure in respect of leases:
As at
As at
March 31,
March 31,
(A) Finance leases:
2012
2011
Assets taken on lease:
(a)
(i)
Total of minimum lease payments
48.47
18.24
The total of minimum lease payments for a period :
Not later than one year
14.11
6.85
Later than one year and not later than five years
34.36
11.39
(ii) Present value of minimum lease payments
44.54
16.70
Present value of minimum lease payments for a period :
Not later than one year
13.83
6.21
Later than one year and not later than five years
30.71
10.49
(b) A general description of the significant leasing arrangements -
The Company has entered into finance lease arrangements for
computers and data processing equipments from a vendor
(B) Operating leases:
Assets given on lease:
(a)
Total of minimum lease payments receivable
66.65
59.18
The total of minimum lease payments receivable for a period :
Not later than one year
4.71
3.81
Later than one year and not later than five years
18.83
15.23
Later than five years
43.11
40.14
(b) Gross block
78.52
75.78
Accumulated depreciation
14.75
10.43
Depreciation for the year
`
4.30
crores (2010-11
`
3.63 crores)
(c)
A general description of significant leasing arrangements-
The Company has entered into operating lease arrangements
for buildings and plant and machinery.
(
`
in crores)
NOTES FORMING PART OF FINANCIAL STATEMENTS
FINANCIAL HIGHLIGHTS (32-45)