Tata Motors AR

Statutory Reports

Corporate Overview

Financial Statements

(Subsidary companies)

F-156

72nd Annual Report 2016-17

Statement pursuant to first proviso to sub-section (3) of section 129 of the Companies Act 2013, read with rule 5 of

Companies (Accounts) Rules, 2014 in the prescribed Form AOC-1 relating to subsidiary companies

Part - A

(

incrores)

Sr.

Subsidiary

Country Reporting

currency

Exchange

Rate

Share

capital (incl.

advances

towards

capitalwhere

applicable)

Reserves

and

Surplus

Total

Assets

Total

Liabilities

Turnover

Profit/

(Loss)

BeforeTax

Tax

Expense/

(Credit)

Profit/(Loss)

after tax

Profit/

(Loss)for

theperiod/

year*

Proposed

dividend

and tax

thereon

Investments

(except incase

of investment

in the

subsidiaries)

%of

shareholding

TALManufacturingSolutionsLtd (subsidiaryw.e.fMarch13,2000)

India

INR

1.00

115.00

(29.65)

519.80

434.45

329.80

11.89

100.00

TML Drivelines Ltd (subsidiary w.e.f March 13, 2000)

India

INR

1.00

77.00

735.63

1,037.42

224.79

524.03

65.14

13.95

51.19

36.50

100.00

Concorde Motors (India) Ltd (subsidiary w.e.f July 3, 1999)

India

INR

1.00

126.38

(2.69)

702.03

578.34

1,126.46

(44.91)

100.00

Sheba Properties Ltd (subsidiary w.e.f January 24, 1989)

India

INR

1.00

491.49

(800.46)

16,326.92

16,635.89

479.11

1,589.80

(0.21)

1,590.01

189.81

100.00

TataDaewooCommercialVehicleCo.Ltd (subsidiaryw.e.fMarch30,2004)

SouthKorea

KRW

0.06

57.57

2,290.04

3,808.19

1,460.58

6,034.32

382.67

91.99

290.68

100.00

TataTechnologiesLtd (subsidiaryw.e.fSeptember10,1997)

India

INR

1.00

43.03

709.68

1,043.61

290.90

1,112.08

264.51

50.46

214.05

210.44

72.32

TataMotors InsuranceBroking&AdvisoryServicesLtd (subsidiaryw.e.fOctober21,2004)

India

INR

1.00

2.50

20.36

30.22

7.36

45.16

15.98

5.48

10.50

10.66

100.00

Tata Motors European Technical Centre Plc (subsidiary w.e.f September 1, 2005)

GBP

80.92

474.57

(168.45)

406.49

100.37

216.33

(42.07)

6.59

(48.66)

100.00

TMLDistributionCompanyLtd (subsidiaryw.e.fMarch28,2008)

India

INR

1.00

225.00

79.05

673.60

369.55

2,573.76

41.90

15.07

26.83

100.00

10 Tata Motors (SA) (Proprietary) Ltd (subsidiary w.e.f December 5, 2007)

South Africa

ZAR

4.81

12.98

(1.56)

106.25

94.83

87.35

1.07

0.23

0.84

60.00

11 Tata Motors Finance Ltd (subsidiary w.e.f June 1, 2006)

India

INR

1.00

1,319.02

1,762.40

5,508.15

2,426.73

1,850.12

(856.29)

400.28

(1,256.57)

178.03

100.00

12 Tata Motors Finance Solutions Ltd (subsidiary w.e.f January 19, 2015)

India

INR

1.00

1,700.50

(493.44)

5,161.03

3,953.97

395.61

(466.36)

5.25

(471.61)

769.58

100.00

13 Tata Marcopolo Motors Ltd (subsidiary w.e.f September 20, 2006)

India

INR

1.00

170.00

(59.25)

420.31

309.56

572.25

13.45

51.00

14 Tata Motors (Thailand) Ltd (subsidiary w.e.f February 28, 2008)

Thailand

THB

1.89

525.41

(905.25)

416.68

796.52

108.03

(101.70)

95.28

15 TML Holdings Pte Ltd, Singapore (subsidiary w.e.f February 4, 2008)

Singapore

GBP

80.92

10791.87

(582.24)

17609.82 7400.19

817.63

7.04

810.59

100.00

16 Tata Hispano Motors Carrocera S.A (subsidiary w.e.f October 16, 2009)

Spain

EUR

69.30

2.88

(650.82)

44.57

692.51

0.56

(9.29)

100.00

17 Tata Hispano Motors Carroceries Maghreb (subsidiary w.e.f June 23, 2014)

Morocco

MAD

6.45

146.30

(168.76)

43.51

65.97

0.36

(7.43)

100.00

18 Trilix S.r.l (subsidiary w.e.f October 4, 2010)

Italy

EUR

69.30

0.61

51.47

75.08

23.00

119.26

21.78

6.59

15.19

80.00

19 Tata Precision Industries Pte Ltd (subsidiary w.e.f February 15, 2011)

Singapore

SGD

46.42

41.56

(40.63)

0.94

0.01

(0.07)

78.39

20 PT Tata Motors Indonesia(subsidiary w.e.f December 29, 2011

Indonesia

IDR

0.00

209.55

(51.15)

162.82

4.42

(1.98)

0.02

(2.00)

100.00

21 INCAT International Plc (subsidiary w.e.f October 3, 2005)

GBP

80.92

2.07

36.94

40.77

1.76

0.05

(0.39)

72.32

22 Tata Technologies Inc (subsidiary w.e.f October 3, 2005)

USA

USD

64.85

776.28

(431.39)

452.87

107.98

760.17

27.62

11.71

15.91

72.37

INCAT Solutions of Canada Inc. (Liquidated w.e.f December 13, 2016) (Tata Technologies Canada Inc)

(subsidiary w.e.f October 3, 2005)

USA

CAD

48.59

72.37

24 Tata Technologies de Mexico, S.A. de C.V.(subsidiary w.e.f October 3, 2005)

USA

MXN

3.46

1.01

4.62

10.87

5.24

22.64

2.14

72.37

25 Tata Technologies Europe Ltd (subsidiary w.e.f October 3, 2005)

GBP

80.92

0.09

573.68

953.75

379.97

1,161.98

137.55

28.27

109.28

72.32

26 INCAT GmbH. (subsidiary w.e.f October 3, 2005)

Germany

EUR

69.30

0.95

14.15

15.61

0.51

0.35

0.33

72.32

27 Tata Technologies (Thailand) Ltd (subsidiary w.e.f October 10, 2005)

Thailand

THB

1.89

4.58

2.65

8.82

1.59

12.19

0.06

72.32

28 Tata Technologies Pte. Ltd (subsidiary w.e.f December 7, 2005)

Singapore

USD

64.85

251.56

473.62

731.03

5.86

35.62

(4.04)

(0.10)

(3.94)

72.32

29 Cambric Limited, Bahama (subsidiary w.e.f May 1, 2013)

USA

USD

64.85

17.51

1.69

21.02

1.82

3.31

(0.50)

72.32

30 Cambric UK Ltd.(subsidiary w.e.f May 1, 2013)

EUR

69.30

0.00

(0.04)

(3.43)

0.25

(3.68)

72.32

31 Cambric GmbH (subsidiary w.e.f May 1, 2013)

Germany

EUR

69.30

0.20

1.77

1.96

0.07

(0.10)

(0.24)

0.14

72.32

32 Midwest Managed Services, Utah (subsidiary w.e.f May 1, 2013)

USA

USD

64.85

0.00

2.18

2.38

0.20

5.40

1.48

72.32

33 Tata Technologies SRL, Romania (subsidiary w.e.f May 1, 2013)

Romania

RON

15.16

8.79

9.13

22.20

4.28

56.91

4.59

0.37

4.22

72.32

34 Cambric Manufacturing Technologies (Shanghai) Co. Ltd.(subsidiary w.e.f March 10, 2014)

China

CNY

9.42

3.05

22.51

56.09

30.53

134.46

28.72

8.59

20.13

72.32

35 Jaguar Land Rover Automotive Plc (subsidiary w.e.f June 2, 2008)

GBP

80.92

12,145.87

3,940.73

44,092.51

28,005.91

2,431.60

(8.09)

2,439.69

100.00

36 Jaguar Land Rover Limited (subsidiary w.e.f June 2, 2008)

GBP

80.92

28,815.09

18,425.15 182,309.47 135,069.23 169,394.87

6,772.88

89.01

6,683.87

12,000.21

100.00

37 Jaguar Land Rover Holdings Limited (formerly known as Land Rover) (subsidiary w.e.f June 2, 2008)

GBP

80.92

40.46

40,933.45

44,610.39

3,636.48

1,941.24

125.42

1,815.81

100.00

38 JLRNomineeCompany Limited (formerly knownas Jaguar LandRoverExports Ltd)(subsidiaryw.e.f June2,2008)

GBP

80.92

100.00

39 Jaguar Land Rover North America, LLC (subsidiary w.e.f June 2, 2008)

USA

USD

64.85

259.40

407.91

10,435.02

9,767.71

44,938.46

262.64

99.87

162.77

100.00

40 Jaguar Land Rover Deutschland GmbH (subsidiary w.e.fJune 2, 2008

Germany

EUR

69.30

18.02

398.48

3,213.44

2,796.95

12,374.21

130.98

39.50

91.48

100.00

41 Jaguar Land Rover Austria GmbH (subsidiary w.e.f June 2, 2008)

Austria

EUR

69.30

1.39

82.47

542.62

458.77

1,933.47

17.33

3.47

13.86

100.00

42 Jaguar Land Rover Italia SpA (subsidiary w.e.f June 2, 2008)

Italy

EUR

69.30

173.25

278.59

2,036.03

1,584.20

8,451.14

81.77

26.33

55.44

100.00

43 Jaguar Land Rover Portugal-Veiculos e Pecas, Lda.(subsidiary w.e.f June 2, 2008)

Portugal

EUR

69.30

83.16

(9.70)

221.76

148.30

584.89

5.54

3.47

2.08

100.00

44 Jaguar Land Rover France SAS (subsidiary w.e.f February 1, 2009)

France

EUR

69.30

29.11

107.42

1,294.52

1,158.00

6,079.00

73.46

27.03

46.43

100.00

45 Jaguar Land Rover Australia Pty Limited (subsidiary w.e.f June 2, 2008)

Australia

AUD

49.57

3.47

84.77

1,919.51

1,831.27

5,923.11

120.96

36.19

84.77

100.00

46 Jaguar Land Rover Automotive Trading (Shanghai) Co. Ltd (subsidiary w.e.f June 2, 2008)

China

CNY

9.42

63.09

6,062.96

11,482.53

5,356.48

42,483.01

7,070.29

1,038.49

6,031.80

100.00

47 Jaguar Land Rover Japan Limited (subsidiary w.e.f October 1, 2008)

Japan

JPY

0.58

27.85

259.77

976.04

688.42

2,442.48

30.44

9.42

21.02

100.00

48 Jaguar Land Rover Korea Company Limited (subsidiary w.e.f June 2, 2008)

Korea

KRW 0.06

0.29

117.78

1,833.76

1,715.69

5,333.39

91.55

10.19

81.35

100.00

49 Jaguar Land Rover Canada ULC (subsidiary w.e.f June 2, 2008)

Canada

CAD

48.59

22.35

1,289.20

1,266.85

4,730.65

28.18

5.83

22.35

100.00

50 Jaguar e Land Rover Brasil Indústria e Comércio de Veículos LTDA (subsidiary w.e.f June 2, 2008)

Brazil

BRL

20.71

304.59

(176.83)

628.64

500.89

529.46

159.23

8.90

150.33

100.00

51 LimitedLiabilityCompany "JaguarLandRover" (Russia) (incorporatedon25-5-2008) (subsidiaryw.e.fMay15,2009)

Russia

RUB

1.15

5.56

638.90

1,368.56

724.10

5,915.80

720.56

151.79

568.77

100.00

52 Jaguar Land Rover (South Africa) (Pty) Ltd (subsidiary w.e.f February 2, 2009)

South Africa

ZAR

4.81

266.90

1,137.07

870.17

2,201.30

145.49

41.64

103.86

100.00

53 Jaguar Land Rover Belux NV (subsidiary w.e.f June 2, 2008)

Belgium EUR

69.30

8.66

72.07

891.20

810.46

3,604.99

35.34

13.86

21.48

100.00

54 Jaguar Land Rover South Africa Holdings Limited (subsidiary w.e.f September 9, 2011)

ZAR

4.81

937.58

15.39

977.49

24.52

41.83

12.02

29.81

100.00

55 Land Rover Ireland Limited (subsidiary w.e.f June 2, 2008)

Ireland

EUR

69.30

10.40

14.55

4.16

0.35

100.00

56 Jaguar Land Rover Espana SL (formerly known as Land Rover Espana SL) (subsidiary w.e.f June 2, 2008)

Spain

EUR

69.30

306.31

124.05

1,473.32

1,042.97

3,999.30

40.19

10.40

29.80

100.00

57 Jaguar Land Rover Nederland BV (subsidiary w.e.f June 2, 2008)

Netherlands

EUR

69.30

0.31

41.58

469.16

427.27

1,347.19

13.17

3.47

9.70

100.00

58 Jaguar Land Rover India Limited (subsidiary w.e.f October 25, 2012)

India

INR

1.00

280.25

(12.16)

696.17

428.08

1,482.83

96.56

6.49

90.07

100.00

59 The Lanchester Motor Company Limited (subsidiary w.e.f June 2, 2008)

GBP

80.92

100.00

60 The Daimler Motor Company Limited (subsidiary w.e.f June 2, 2008)

GBP

80.92

12.14

100.00

61 S S Cars Limited (subsidiary w.e.f June 2, 2008)

GBP

80.92

100.00

62 Daimler Transport Vehicles Limited (subsidiary w.e.f June 2, 2008)

GBP

80.92

100.00

63 The Jaguar Collection Limited (subsidiary w.e.f June 2, 2008)

GBP

80.92

100.00

64 Jaguar Cars (South Africa) (Pty) Ltd (subsidiary w.e.f June 2, 2008)

South Africa

ZAR

4.81

100.00

65 Jaguar Cars Ltd (subsidiary w.e.f June 2, 2008)

GBP

80.92

100.00

66 LandRoverExportsLtd (non-trading) (business transferred to JLRExportsLtd1.4.2012 (subsidiaryw.e.f June2,2008)

GBP

80.92

100.00

67 Jaguar Land Rover Pension Trustees Limited (subsidiary w.e.f June 2, 2008)

GBP

80.92

100.00

68 Shanghai Jaguar Land Rover Automotive Services Company Ltd (subsidiary w.e.f March 10, 2014)

China

CNY

9.42

15.07

(16.48)

76.46

77.87

106.21

3.01

11.49

(8.47)

100.00

69 Jaguar Land Rover Slovakia s.r.o (Incorporated w.e.f. August 27, 2015) (subsidiary w.e.f August 27, 2015)

Slovakia

EUR

69.30

207.90

(36.73)

1,282.74

1,111.57

5.54

100.00

70 Jaguar LandRoverSingaporePte Ltd (incorporatedw.e.fNovember25,2015)(subsidiaryw.e.fNovember25,2015)

Singapore

SGD

46.42

3.25

7.43

173.59

162.91

446.05

8.82

1.39

7.43

100.00

71 Jaguar Racing Limited (Incorporated w.e.f. February 2, 2016) (subsidiary w.e.f February 2, 2016)

GBP

80.92

14.57

42.89

28.32

126.23

18.61

4.05

14.57

100.00

72 Jaguar LandRoverColombiaSAS (subsidiary w.e.f August 22, 2016)

Colombia

COP

0.02

8.06

(0.47)

102.62

95.04

32.28

(1.02)

(0.55)

(0.47)

100.00

73 InMotion Ventures Limited (Incorporated w.e.f. March 18, 2016) (subsidiary w.e.f March 18, 2016)

GBP

80.92

(39.65)

18.61

58.26

18.61

49.36

9.71

39.65

100.00

74 TMNLMotorServicesNigeriaLtd (incorporatedw.e.fSeptember2,2015)(subsidiaryw.e.fSeptember2,2015)

Nigeria

NGN

0.21

(0.29)

0.17

0.24

(0.20)

(0.00)

(0.20)

100.00

75 Tata Daewoo CommercialVehicle Sales and Distribution Co. Ltd. (subsidiary w.e.f April 9, 2010)

South Korea

KRW

0.06

4.00

19.27

64.02

40.75

178.42

5.19

1.64

3.55

100.00

76 PT Tata Motors Distribusi Indonesia (subsidiary w.e.f February 11, 2013)

Indonesia

IDR

0.00

161.03

(169.56)

49.18

57.71

42.83

(44.56)

100.00