Statutory Reports
Corporate Overview
69th Annual Report 2013-14
184
Financial Statements
(Consolidated)
(
`
in crores)
3. Reserves and surplus
As at
March 31, 2013
Additions
Deductions
As at
March 31, 2014
(a)
Capital Redemption Reserve
2.28
-
-
2.28
2.28
-
-
2.28
(b)
Securities Premium Account [Notes (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)
Capital Reserve (on consolidation) [Note (iii)]
440.21
64.35
-
504.56
405.36
34.85
-
440.21
(e)
Revaluation Reserve [Note (iv)]
39.60
-
16.73
22.87
92.90
-
53.30
39.60
(f)
Amalgamation Reserve
0.05
-
-
0.05
0.05
-
-
0.05
(g)
Special Reserve
208.19
21.78
-
229.97
145.05
63.14
-
208.19
(h)
Hedging Reserve Account [Note (v)]
(1,578.07)
8,813.62
1,836.00
5,399.55
(161.17)
423.35
1,840.25
(1,578.07)
(i)
Pension Reserve [Note (vi)]
(6,224.71)
-
1,343.67
(7,568.38)
(3,870.58)
1,618.47
3,972.60
(6,224.71)
(j)
Earned Surplus Reserve [Note (vii)]
14.51
-
-
14.51
14.51
-
-
14.51
(k)
Reserves for Research and Human Resource Development [Note (viii), page 185]
169.29
-
-
169.29
169.29
-
-
169.29
(l)
Restricted Reserve
0.39
-
-
0.39
0.39
-
-
0.39
(m)
Legal Reserve [Note (ix)]
-
0.33
-
0.33
-
-
-
-
(n)
Translation Reserve [Note (x)]
282.27
6,890.76
-
7,173.03
177.46
104.81
-
282.27
(o)
General Reserve [Note (xi), page 185]
5,102.50
79.12
-
5,181.62
5,018.71
83.79
-
5,102.50
(p)
Foreign Currency Monetary Item Translation Difference Account (Net) [Note (xii), page 185]
(1,133.87)
1,795.86
88.11
573.88
(451.43)
562.73
1,245.17
(1,133.87)
(q)
Profit and Loss Account / Surplus [Note (xiii), page 185]
27,305.87
14,070.05
845.44
40,530.48
18,162.02
10,022.61
878.76
27,305.87
36,999.23
32,177.80
4,217.36
64,959.67
32,063.75
13,147.06
8,211.58
36,999.23
Notes:-
2013 -2014
2012 -2013
Additions
Deductions
Additions
Deductions
(i)
TheopeningandclosingbalancesofSecuritiesPremiumAccountarenetofcalls inarrearsof
`
0.03crore
(ii)
Securities Premium Account :
(a) Premiumonshares issuedonconversionofForeignCurrencyConvertibleNotes (FCCN)/ConvertibleAlternativeReferenceSecurities
(CARS)andheld inabeyanceoutof rights issueofshares
(b) Share issue expenses, brokerage, stamp duty and other fees on Non-Convertible Debentures [net of tax
`
0.48 crore
(2012-13
`
1.75 crores)]
(c) Premium on redemption of FCCN / CARS, and exchange differences and withholding tax thereon [net of tax
`
Nil
(2012-13
`
12.31 crores)]
407.72
-
229.68
-
-
87.41
-
91.50
34.21
-
3.63
-
441.93
87.41
233.31
91.50
(iii)
The addition to Capital Reserve represents exchange gain on opening balances in respect of foreign subsidiaries.
(iv)
Revaluation Reserve :
(a)
Depreciation on revalued portion of assets taken over on amalgamation of a company
-
0.44
-
0.44
(b)
Depreciation on revalued portion of assets of a subsidiary company
-
16.29
-
52.86
-
16.73
-
53.30
(v)
Hedging Reserve :
(a)
Fair value gains / losses
8,813.62
-
-
1,840.25
(b)
Deferred tax on fair value gains / losses
-
1,836.00
423.35
-
8,813.62
1,836.00
423.35
1,840.25
(vi)
Pension Reserve :
(a)
Actuarial losses (net)
-
1,280.68
-
3,972.60
(b)
Movement in restriction of pension assets
-
22.60
991.73
-
(c)
Tax impact on acturial losses (net) and movement in restriction of pension assets
-
40.39
626.74
-
-
1,343.67
1,618.47
3,972.60
NOTES FORMING PART OF CONSOLIDATED FINANCIAL STATEMENTS
