Basic HTML Version
190
Sixty-Seventh Annual Report 2011-2012
NOTESFORMINGPARTOFCONSOLIDATEDFINANCIALSTATEMENTS
(
`
in crores)
As at
As at
March 31,
March 31,
2012
2011
16. Long-term loans and advances
(A) Secured :
Finance receivables (Note below)
10,339.93
6,791.35
10,339.93
6,791.35
(B) Unsecured:
(a) Loans to employees
47.92
51.87
(b) Loan to Joint Venture (FIAT India Automobiles Ltd.)
132.50
132.50
(c) Taxes recoverable, statutory deposits and dues from government
724.60
872.66
(d) Capital advances
179.12
272.06
(e) Credit entitlement of Minimum Alternate Tax (MAT)
1,451.45
1,158.16
(f ) Non-current income tax assets (net of provision)
534.26
431.46
(g) Others
248.17
108.24
3,318.02
3,026.95
13,657.95
9,818.30
As at
As at
March 31,
March 31,
2012
2011
Note:
Finance receivables (Gross) *
16,691.89
10,906.41
Less : Allowances for doubtful Loans **
(944.22)
(810.79)
Total
15,747.67
10,095.62
Current portion
5,407.74
3,304.27
Non-current portion
10,339.93
6,791.35
15,747.67
10,095.62
* Loans are secured against hypothecation of vehicles
Includes on account of overdue securitised receivables
352.82
477.71
** Includes on account of securitised receivables
173.09
272.62
As at
As at
March 31,
March 31,
2012
2011
17. Other non-current assets
(a) Prepaid expenses
42.67
35.41
(b) Prepaid debt issue cost
303.29
268.27
(c) Interest accrued on loans and deposits
39.02
28.59
(d) Derivative financial instruments
189.70
-
574.68
332.27
As at
As at
March 31,
March 31,
2012
2011
18. Foreign Currency Monetary Item Translation Difference Account (Net)
Opening balance
-
(191.15)
(a) Exchange loss/(gain) during the year
1,086.52
(83.90)
(b) Amortisation of exchange fluctuation for the year
(635.09)
275.05
Closing balance
451.43
-