193
NOTES FORMING PART OF CONSOLIDATED FINANCIAL STATEMENTS
16.
Current investments
As at
March 31, 2014
As at
March 31, 2013
(at cost or fair value whichever is lower) (fully paid)
(A) Quoted
(a) Equity shares
19.60
-
(b) Bonds
2.25
-
21.85
-
(B) Unquoted
(a) Cumulative redeemable preference shares
3.00
3.00
(b) Mutual funds
9,494.06
7,497.00
(c) Optionally convertible debentures
1.66
2.44
(d) Equity shares
0.93
0.93
(e) Retained interest in securitisation transactions
54.71
43.29
9,554.36
7,546.66
(C) Provision for diminution in value of Investments (net)
(3.93)
(4.34)
Total (A+B+C)
9,572.28
7,542.32
Note:
(1) Book value of quoted investments
21.85
-
(2) Book value of unquoted investments
9,550.43
7,542.32
(3) Market value of quoted investments
27.90
-
17
.
Long-term loans and advances
As at
March 31, 2014
As at
March 31, 2013
(A) Secured :
Finance receivables [Note below]
9,788.93
11,825.93
Total
9,788.93
11,825.93
(B) Unsecured:
(a) Loans to employees
44.80
44.86
(b) Loan to Joint Venture (FIAT India Automobile Ltd)
132.50
132.50
(c) Taxes recoverable, statutory deposits and dues from government
988.87
711.70
(d) Capital advances
321.55
220.41
(e) Credit entitlement of Minimum Alternate Tax (MAT)
787.59
1,516.40
(f) Non-current income tax assets (net of provision)
855.96
694.36
(g) Others
348.64
437.96
Total
3,479.91
3,758.19
Total (A + B)
13,268.84
15,584.12
Note :
Finance receivables (Gross) *
10,589.61
12,145.36
Less : Allowances for doubtful loans **
(800.68)
(319.43)
Total
9,788.93
11,825.93
* Loans are secured against hypothecation of vehicles
Includes on account of overdue securitised receivables
4.65
35.38
** Includes on account of securitised receivables
(4.35)
(7.02)
18.
Short-term loans and advances
As at
March 31, 2014
As at
March 31, 2013
(A) Secured :
Finance receivables [Note below]
8,505.39
6,400.85
Total
8,505.39
6,400.85
(B) Unsecured:
(a) Advances and other receivables
803.21
956.96
(b) Inter corporate deposits
0.30
0.30
(c) Fixed deposit with Financial Institutions
37.50
-
(d) VAT, other taxes recoverable, statutory deposits
and dues from government
4,274.57
5,015.31
(e) Current income tax assets (net of provisions)
385.28
269.11
(f) Others
48.99
24.52
Total
5,549.85
6,266.20
Total (A + B)
14,055.24
12,667.05
Note :
Finance receivables (Gross) *
9,343.73
7,041.06
Less : Allowances for doubtful loans **
(838.34)
(640.21)
Total
8,505.39
6,400.85
* Loans are secured against hypothecation of vehicles
Includes on account of overdue securitised receivables
9.47
37.25
** Includes on account of securitised receivables
(4.25)
(12.97)
(
R
in crores)
Independent Auditors’Report
Balance Sheet
(176-206)
Statement of Profit and Loss
Cash Flow Statement
Notes to Accounts
