Statutory Reports
Corporate Overview
69th Annual Report 2013-14
192
Financial Statements
(Consolidated)
(
R
in crores)
14.
Goodwill (on consolidation)
As at
March 31, 2014
As at
March 31, 2013
Opening balance
4,102.37
4,093.74
Add : Addition due to acquisition of subsidiary
139.60
-
Less : Impairment
(22.16)
(25.36)
Add : Impact of foreign currency translation
759.02
33.99
Closing balance
4,978.83
4,102.37
15.
Non-current investments
As at
March 31, 2014
As at
March 31, 2013
(A)
Investments in equity accounted investees :
Carrying amount of investments in associates (Note 4 below)
382.98
451.74
382.98
451.74
(B)
Others (at cost)
(i)
Quoted
(a) Equity shares
299.11
299.11
(b) Bonds
-
2.93
(ii)
Unquoted
(a) Equity shares
385.45
382.10
(b) Non cumulative redeemable preference shares
2.00
2.00
(c) Cumulative redeemable non-participating preference shares
6.00
6.00
(d) Non-convertible debentures
-
3.50
(e) Mutual fund
-
12.50
(f) Optionally convertible debentures
-
1.66
(g) Retained interest in securitisation transactions
40.01
65.03
732.57
774.83
(C)
Provision for diminution in value of Investments (net)
(4.16)
(4.16)
(D)
Advance against investments
3.00
-
Total (A + B + C + D )
1,114.39
1,222.41
Notes:
(1)
Book value of quoted investments (other than in associates)
299.11
302.04
(2)
Book value of unquoted investments (other than in associates)
432.30
468.63
(3)
Market value of quoted investments (other than in associates)
252.49
210.48
(4)
The particulars of investments in associate companies as of March 31, 2014 are as follows:
Sr.
No.
Name of the Associates
Country of
Incorporation
Ownership
Interest (%)
Original Cost of
Investment
Amount of
Goodwill/
(Capital
Reserve) in
Original Cost
Share of post
acquisition
Reserves and
Surplus
Carrying
amount of
Investments
(i)
Tata AutoComp Systems Ltd
India
26.00
77.47
-
142.88
220.35
26.00
77.47
-
142.06
219.53
(ii)
NITA Company Ltd
Bangladesh
40.00
1.27
(0.43)
18.27
19.54
40.00
1.27
(0.43)
11.67
12.94
(iii)
Automobile Corporation of Goa Ltd
India
47.19
109.63
55.28
29.55
139.18
47.19
109.63
55.28
25.75
135.38
(iv)
Jaguar Cars Finance Ltd
UK
49.90
3.91
-
-
3.91
49.90
3.91
-
-
3.91
(v)
Tata Hitachi Construction Machinery
-
Company Ltd
India
40.00
80.20
0.20
(80.20)
-
40.00
80.20
0.20
(0.22)
79.98
Total
272.48
55.05
110.50
382.98
272.48
55.05
179.26
451.74
NOTES FORMING PART OF CONSOLIDATED FINANCIAL STATEMENTS
