SUBSIDIARY COMPANIES - ITC Ltd

NOTES TO THE ACCOUNTS (Contd.)
As at As at
31st March, 2012 31st March, 2011
NOTE 2
RESERVES AND SURPLUS
(`) (`) (`) (`)
General Reserve/(Deficit)
Surplus/(Deficit) in the statement of Profit and Loss
6,11,62,181 6,11,62,181
At the commencement of the year (86,49,31,639) (83,23,52,610)
Add: Net Profit/(Net Loss) For the current year (3,21,57,078) (89,70,88,717) (3,25,79,029) (86,49,31,639)
TOTAL (83,59,26,536) (80,37,69,458)
NOTE 3
OTHER LONG-TERM LIABILITIES
Membership Deposits (Refer Note 26) 31,55,18,793 31,39,08,793
Less: Subscription Fees receivable
Others
1,80,91,337 29,74,27,456 2,10,09,662 29,28,99,131
– Income received in advance 1,88,80,535 1,78,10,965
TOTAL 31,63,07,991 31,07,10,096
NOTE 4
LONG-TERM PROVISIONS
Provision for Employee Benefits: (Also refer Note 21)
Provision for Gratuity 10,81,654 9,00,003
Provision for Compensated Absenses 7,51,874 8,94,665
TOTAL 18,33,528 17,94,668
NOTE 5
TRADE PAYABLES
Dues from Micro and Small Enterprises — —
Dues other than Micro and Small Enterprises (Refer Note 27) 63,28,091 95,15,319
TOTAL 63,28,091 95,15,319
NOTE 6
OTHER CURRENT LIABILITIES
Sundry Deposits 2,65,961 2,50,961
Income Received in Advance 1,36,98,055 1,33,25,677
Advances from customers 1,98,441 9,01,730
Statutory dues including Provident Fund and Tax Deducted at source 27,81,496 43,72,608
Provision for Expenses under Capital Contracts 2,46,48,773 1,65,35,421
Retention Money under Capital Contracts 39,68,654 38,09,949
Other Payables 1,95,35,630 80,01,884
TOTAL 6,50,97,010 4,71,98,230
NOTE 7
SHORT-TERM PROVISIONS
Provision for Employee Benefits:
Provision for Gratuity 1,85,134 —
Provision for Compensated Absenses 5,02,316 34,267
TOTAL 6,87,450 34,267
NOTE 8
TANGIBLE ASSETS (At Cost)
166
LANDBASE INDIA LIMITED
GROSS BLOCK DEPRECIATION NET BLOCK
Particulars As at 1st Additions Withdrawals/ As at 31st As at 1st For the year** Withdrawals/ As at 31st As at 31st As at 31st
Own Assets
April, 2011 Adjustments March, 2012 April, 2011 Adjustments March, 2012 March, 2012 March, 2011
Land (Freehold) 55,31,70,741 2,84,74,980 — 58,16,45,721 — — — — 58,16,45,721 55,31,70,741
Building* 23,04,18,179 25,06,485 — 23,29,24,664 5,34,40,487 36,88,070 — 5,71,28,557 17,57,96,107 17,69,77,692
Plant & Machinery 24,59,30,897 78,76,227 69,81,896 24,68,25,228 13,45,63,731 1,19,68,651 39,11,669 14,26,20,713 10,42,04,515 11,13,67,166
Golf Course 22,57,78,037 — — 22,57,78,037 14,42,45,296 1,07,24,458 — 15,49,69,754 7,08,08,283 8,15,32,741
Office & Other Equipment 22,60,757 38,246 3,53,943 19,45,060 7,77,178 1,04,313 2,06,599 6,74,892 12,70,168 14,83,579
Furniture & Fixtures 78,89,746 5,27,333 1,84,829 82,32,250 45,21,352 3,47,452 1,78,393 46,90,411 35,41,839 33,68,394
Computers 64,64,129 5,38,115 4,08,609 65,93,635 32,51,514 9,74,401 4,08,607 38,17,308 27,76,327 32,12,615
Vehicles 87,55,897 — 57,966 86,97,931 35,77,873 8,31,809 39,179 43,70,503 43,27,428 51,78,024
Golf Carts 1,72,01,112 — 13,50,329 1,58,50,783 74,87,677 26,84,044 13,50,325 88,21,396 70,29,387 97,13,434
Tented Accomodation 27,39,620 — — 27,39,620 3,28,795 13,69,811 — 16,98,606 10,41,014 24,10,825
TOTAL 1,30,06,09,115 3,99,61,386 93,37,572 1,33,12,32,929 35,21,93,903 3,26,93,009 60,94,772 37,87,92,140 95,24,40,789 94,84,15,211
Capital Work-in-Progress — — 45,17,33,199 20,43,88,615
Previous Year 1,26,66,05,173 5,20,65,091 1,78,86,061 1,30,07,84,203 33,35,05,542 3,31,79,925 1,44,58,831 35,22,26,636 94,85,57,567
Note:
* Building includes vehicular roads of ` 45,95,709/- (Previous Year ` 45,95,709/- ) which have been fully depreciated over a period of five years
** Capital Work-in-progress includes depreciation amounting to ` 433,638 / - (Previous Year ` 524,998 / -) on Assets used for the Resort Project & stock in progress include depreciation amounting to
` 147,235/- (Previous Year ` 116,058/-) pertaining to Golf Hut Project.
(in `)