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Schedules annexed to and forming part of the Balance Sheet
(All amounts in millions of Indian Rupees, unless otherwise stated)
As at
31 March 2011
As at
31 March 2010
8. DEFERRED TAX ASSET
Provision for bad debts and doubtful advances 69.79 68.02
Others 31.48 28.71
TOTAL 101.27 96.73
9. INVENTORIES [Refer Note 13(f) of Schedule 21]
(As certified by the management)
Raw materials 625.80 523.45
Packing materials 259.61 154.96
Work-in-process 99.30 182.20
Stores and spares 15.44 16.45
Finished goods (includes Goods in transit) 569.92 626.92
TOTAL 1,570.07 1,503.98
10. SUNDRY DEBTORS [Refer Note 14(b) of Schedule 21]
Outstanding for more than six months
Secured, considered good - -
Unsecured, considered good 1,381.96 2,510.03
Unsecured, considered doubtful 191.10 176.10
1,573.06 2,686.13
Provision for doubtful debts (191.10) (176.10)
1,381.96 2,510.03
Other debts-
Secured, considered good - -
Unsecured, considered good 1,761.48 4,290.89
1,761.48 4,290.89
3,143.44 6,800.92
Sale of receivable (discounted with recourse) (1,250.00) (3,500.00)
TOTAL 1,893.44 3,300.92
11. CASH AND BANK BALANCES
Cash in hand 1.90 1.71
Balances with scheduled banks
- Current accounts 271.63 32.99
- Margin money account 15.49 14.73
- EEFC account 18.80 0.03
Balances with non-scheduled banks
- Current accounts 1.67 1.20
- Deposit accounts - 0.11
TOTAL 309.49 50.77
The balances in the margin money accounts are given as security against guarantees issued by banks on behalf of the
Company.
Bank balances with Non-Scheduled Banks in Current Account includes:
As at
31 March 2011
Maximum amount
outstanding during
the year 2010-2011
As at
31 March 2010
Maximum amount
outstanding during
the year 2009-2010
Bank for Foreign Trade of Vietnam 0.36 1.06 0.06 0.40
Imperial Bank 0.11 0.18 0.07 0.22
Foreign Trade Bank of Cambodia 0.01 0.97 0.34 0.48
State Export-Import Bank of Ukraine 0.37 7.28 0.03 1.83
Taib Kazak Bank 0.47 1.90 0.46 0.95
Alp Jamol Bank USD A/c 0.22 0.22 0.22 0.72
Alp Jamol Bank Local Currency A/c 0.01 0.01 0.01 0.52
Asia Alliance Bank 0.12 1.83 - -
Bank of Ukraine 0.00 5.83 - -
HSBC Singapore USD A/c - 0.02 0.01 0.03
Barclays Bank, New Maadi Branch - - - 0.34
Bank of Kazakhstan USD A/c - 2.61 - 1.22
1.67 1.20
Bank balances with Non-Scheduled Banks in Deposit account includes:
HSBC call deposit USD A/c - 0.11 0.11 0.13
Annual Report 2010-2011 59