Statutory Reports
Corporate Overview
69th Annual Report 2013-14
140
Financial Statements
(Standalone)
NOTES FORMING PART OF FINANCIAL STATEMENTS
(
`
in crores)
3. Reserves and surplus
As at
Additions
Deductions
As at
March 31,
March 31,
2013
2014
(a) Capital Redemption Reserve
2.28
-
-
2.28
2.28
-
-
2.28
(b) Securities Premium Account [Note (i) and (ii)]
11,328.57
441.93
87.41
11,683.09
11,186.76
233.31
91.50
11,328.57
(c) Debenture Redemption Reserve
1,042.15
-
-
1,042.15
1,172.15
-
130.00
1,042.15
(d) Revaluation Reserve [Note (iii)]
23.31
-
0.44
22.87
23.75
-
0.44
23.31
(e) Amalgamation Reserve
0.05
-
-
0.05
0.05
-
-
0.05
(f) General Reserve [Note (iv)]
4,972.62
33.45
-
5,006.07
4,942.36
30.26
-
4,972.62
(g) Foreign Currency Monetary Item Translation Difference
(215.00)
(100.34)
(114.11)
(201.23)
Account (net) [Note (v)]
(258.35)
(355.02)
(398.37)
(215.00)
(h) Profit and Loss Account (Surplus) [Note (vi)]
1,342.79
413.55
778.75
977.59
1,663.91
433.29
754.41
1,342.79
18,496.77
788.59
752.49
18,532.87
18,732.91
341.84
577.98
18,496.77
Notes
2013-2014
2012-2013
Additions
Deductions
Additions
Deductions
(i) The opening and closing balances of Securities Premium Account are net of calls in
arrears of
`
0.03 crores
(ii)
Securities Premium Account :
(a) Premiumon shares issued on conversion of Foreign Currency Convertible Notes
(FCCN) / Convertible Alternative Reference Securities (CARS) and held in
abeyance out of rights issue of shares
407.72
-
229.68
-
(b) Share issue expenses and brokerage, stamp duty and other fees on Non
Convertible Debentures [net of tax
`
0.48 crore
(2012-13
`
1.75 crore)]
-
87.41
-
91.50
(c) Premiumon redemption of FCCN / CARS, exchange differences andwithholding
tax. [net of tax
`
Nil
(2012-13
`
12.31 crores)]
34.21
-
3.63
-
441.93
87.41
233.31
91.50
(iii)
Revaluation Reserve :
Depreciation on revalued portion of assets taken over on amalgamation of a
company
-
0.44
-
0.44
-
0.44
-
0.44
(iv)
General Reserve :
(a) Amount recovered (net) towards indemnity relating to business amalgamated
in prior year
-
-
0.08
-
(b) Amount transferred from Profit and Loss Account (Surplus)
33.45
-
30.18
-
33.45
-
30.26
-
(v)
Foreign Currency Monetary ItemTransalation
Difference Account (net) :
(a) Exchange loss during the year (net)
(100.34)
-
(355.02)
-
(b) Amortisation of exchange fluctuation for the year
-
(114.11)
-
(398.37)
(100.34)
(114.11)
(355.02)
(398.37)
(vi)
Profit and Loss Account (Surplus)
:
(a) Profit after tax for the year
334.52
-
301.81
-
(b) Credit for dividend distribution tax
-
-
1.48
-
(c) Proposed dividend
-
648.56
-
645.20
(d) Dividend paid (2012-13)
-
3.34
-
-
(e) Tax on proposed dividend
-
93.40
-
79.03
(f) Reversal of dividend distribution tax of earlier year
79.03
-
(g) Debenture Redemption Reserve
-
-
130.00
-
(h) General Reserve
-
33.45
-
30.18
413.55
778.75
433.29
754.41
