File_2012_Document1

134 Jindal Steel & Power Limited Business Leadership Sustainable Operations Excellent Governance Robust FinancialsStandaloneAnnual Report 2011-12135NOTES to the financial statements as at and for the year ended 31st March, 2012 NOTES to the financial statements as at and for the year ended 31st March, 2012(` in Crore)DescriptionTotalCurrent Year Previous YearIncomeSales 30.86 6.21Increase/(decrease) in stock - 0.42Total Income (A) 30.86 6.63Less: ExpenditureRaw materials consumed - 0.39Power & fuel 11.94 7.06Personnel expenses - 0.04Stores & spare parts consumed 1.14 30.97Repairs & maintenance - 1.29Others 0.16 0.23Total Expenditure (B) 13.24 39.98(A-B) (Profit)/Loss during trial run period during the current financial year (17.62) 33.34Total (17.62) 33.34Capitalised/(decapitalised) with the cost of fixed assets (17.62) 33.34(` in Crore)As at31st March, 2012As at31st March, 201113 NON-CURRENT INVESTMENTSi) Trade InvestmentsTotal non-current Trade Investment - -ii) Other than Trade InvestmentsA) Unquoted Fully Paid-Up Equity Shares of Associate CompaniesAngul Sukinda Railway Limited0.03 0.03[25,000 (Previous year 25,000) Equity Shares of ` 10 each]FB Infra Private Limited0.00 -[4,900 (Previous year NIL) Equity Shares of ` 10 each]Jindal Infosolutions Limited0.02 0.01[24,750 (Previous year 4,750) Equity Shares of ` 10 each]Nalwa Steel & Power Limited2.00 2.00[200,000 (Previous year 200,000) Equity Shares of ` 10 each]Sub Total (A) 2.05 2.04B) Unquoted Fully Paid-Up Equity Shares of Incorporated JointVenturesJindal Synfuels Limited0.70 0.70[700,000 (Previous year 700,000) Equity Shares of ` 10 each]Shresht Mining and Metals Private Limited[5,000 (Previous year 5,000) Equity Shares of ` 10 each]0.01 0.01Urtan North Mining Company Limited[666,689 (Previous year 666,689) Equity Shares of ` 10 each]C) Unquoted Fully Paid-Up Equity Shares of Subsidiary CompaniesJindal Minerals & Metals Africa Limited[NIL (Previous year 832) Equity Shares of USD 1 each]Jindal Power Limited[1,300,575,000 (Previous year 1,300,575,000) Equity Shares of ` 10 each]Jindal Steel Bolivia S.A.[4,253,511 (Previous year 3,202,122) Equity Shares of Bolivianos100 each]Jindal Steel & Power (Mauritius) Limited[50,000,000 (Previous year 19,150,000) Equity Shares of USD 1each]D) Unquoted Investment in Government and Trust Securities11.50% IDBI-SLR 2011[NIL (Previous year 10,000) units of ` 1,000 each]12.00% IDBI-SLR 2012[NIL (Previous year 5,000) units of ` 1,000 each]12.00% NHB-SLR 2011[NIL (Previous year 20) units of ` 100,000 each]National Saving Certificates*[` 610,000 (Previous year ` 590,000)]*[Pledged with Government departments ` 0.06 crore (Previousyear ` 0.06 crore)]E) Investment in Bonds8.15% ICICI - 2016 Bond[5 (Previous year 5) units of ` 1,000,000 each]F) Unquoted Equity SharesAttunli Hydro Electric Power Company Limited[1 (Previous year nil) Equity Shares of ` 10 each]Brahamputra Capital and Finance Limited[19,200,000 (Previous year 19,200,000) Equity Shares of ` 10 each]Etalin Hydro Electric Power Company Limited[1 (Previous year nil) Equity Shares of ` 10 each]Jindal Holding Limited[2,414,000 (Previous year 2,414,000) Equity Shares of ` 10 each]As at31st March, 2012(` in Crore)As at31st March, 20110.67 0.671.38 1.38- 27.59867.05 867.05269.47 202.01231.83 79.351,368.35 1,176.00- 1.01- 0.52- 0.210.06 0.060.06 1.800.50 0.500.50 0.500.00 -19.20 19.200.00 -14.48 14.48