File_2012_Document1

210 Jindal Steel & Power LimitedBusiness LeadershipSustainable OperationsNOTES to the consolidated financial statements as at and for the year ended 31st March, 201241 Interest in Joint Ventures:The Company’s interest as a venturer, in jointly controlled entities (Incorporated Joint Ventures) is as under:Country ofIncorporationPercentage ofownership interest asat 31st March, 2012Percentage ofownership interest asat 31st March, 2011Jindal Synfuels Limited India 70.00 70.00Shresht Mining and Metals Private Limited India 50.00 50.00Urtan North Mining Company Limited India 66.67 66.67The Company’s share of assets, liabilities, income and expenses, etc. (each without elimination of the effect of transactionsbetween the Company and the joint ventures) related to its interest in the Joint Ventures and included in the consolidatedfinancial statements are:(` in Crore)As at31st March, 2012As at31st March, 2011I. Liabilities1 Non-current LiabilitiesOther Long-term liabilities - -2. Current liabilitiesOther current liabilities 1.71 0.94II. Assets3. Non-Current Assetsa) Fixed AssetsFixed Assets 0.02 -Capital work in progress - -Intangible assets under development 16.91 9.60b) Long term loans & advances 1.35 1.264. Current AssetsCash & cash equivalents 0.22 0.30Other current assets 0.26 -GurgaonRudrapurHisarDelhiGhaziabadFaridabadJaipurAhmedabadRahuriMumbaiLudhianaChandigarhGoddaPatratu KolkataBhopal Dongamahua RanchiJamshedpurRaigarhRaipur BarbilAngulTensaNagpurBhubaneswarGeorgiaOmanChinaTanzaniaZambiaIndonesiaMozambiqueMadagascarMauritiusSouth AfricaAttunli EtalinZiroRegistered OfficeCorporate OfficeAustraliaMarketing Head Office & International SalesBranch OfficeSataraHyderabadChennaiWorksMinesRegional Marketing OfficeProject OfficeWind EnergyStock YardsGlobal Presence