File_2012_Document1

192 Jindal Steel & Power LimitedBusiness Leadership Sustainable Operations Excellent Governance Robust FinancialsAnnual Report 2011-12193ConsolidatedNOTES to the consolidated financial statements as at and for the year ended 31st March, 2012 NOTES to the consolidated financial statements as at and for the year ended 31st March, 2012Subansiri Hydro Electric Power Company Limited[1 (Previous year NIL) Equity Shares of ` 10 each]Sungu-Sungu (Pty) Limited[50 (Previous Year NIL) fully paid Ordinary Shares]Synergy Infrastructure Private Limited[960 (Previous Year NIL) Equity Shares of ` 100 each]X-Zone SDN BHD[36,250 (Previous year 36,250) Equity Shares of Malaysian Ringgit1 each]As at31st March, 2012(` in Crore)As at31st March, 20110.00 -3.58 -0.01 -0.04 0.0444.67 41.08Other Investments (Licences & Telecom Society) 0.01 0.01E) Less:Provision for Diminution of investments (0.53) (11.54)Total non-current Other Investment 223.51 214.70Total Non-current Investment 377.62 297.88Aggregate book value of quoted investments 154.11 82.71Market value of quoted investments 164.95 34.50Aggregate book value of unquoted investments 223.51 215.17The Company has unquoted investments of ` 199.85 crore in body corporate (Previous year ` 184.02 crore). In the Previous YearsCompany had made a provision for diminution in the value of investments of ` 11.54 crore which has been reversed in the currentfinancial year as the same is no longer required.14 LONG TERM LOANS & ADVANCESAs at31st March, 2012(` in Crore)As at31st March, 2011A) Secured, Considered good - -Total Secured Long Term Loans & Advances - -B) Unsecured, Considered gooda) Capital Advances 1,781.66 2,024.59b) Security Deposits 166.37 83.17c) OthersShare application money 129.77 54.51Others 103.14 59.05Total Unsecured Long Term Loans & Advances 2,180.94 2,221.32Total Long Term Loans & Advances 2,180.94 2,221.32(` in Crore)As at31st March, 2012As at31st March, 201115 OTHER NON-CURRENT ASSETSBank balances 14.24 14.39Total Other Non Current Assets 14.24 14.39*[Pledged with Government departments and Others ` 1.05 crore (Previous year ` 3.83 crore)](` in Crore)As at31st March, 2012As at31st March, 201116 INVENTORIESa) Raw MaterialsInventories 981.55 915.74Goods In Transit 252.19 60.991,233.74 976.73b) Work-in-processWork in process 179.03 165.58179.03 165.58c) Finished GoodsInventories 1,506.10 1,136.341,506.10 1,136.34d) Stores & SparesInventories 597.43 483.15Goods In Transit 25.96 4.19623.39 487.34e) OthersTrading Goods - 0.88Scrap 37.27 6.5637.27 7.44Total Inventories 3,579.53 2,773.43