100th Annual Report 2006-2007 - Tata Steel

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Hundredth annual report 2006-07 184 Statement pursuant to Section 212(8) of the Companies Act, 1956, related to Subsidiary Companies Rs. crores Sr. Name of the Subsidiary Reporting Exchange Capital Reserves Total Total Investment Turnover Profit Provision Profit Proposed Country No. Company Currency Rate Assets Liabilities included in before for after Dividend Total Assets Taxation Taxation Taxation 1 Adityapur Toll Bridge Co. Ltd. INR — 0.84 — 0.84 — — — — — — — India 2 Bangla Steel & Mining Co. Ltd. TAKA 0.63 0.06 (0.02) 0.04 — — — (0.02) — (0.02) — Bangladesh 3 Best Bar (VIC) Pty. Ltd. SGD 28.68 — 17.99 44.11 26.12 — 186.61 9.88 2.96 6.92 — Australia 4 Best Bar Pty. Ltd. SGD 28.68 9.55 21.86 57.31 25.90 — 133.75 18.19 5.12 13.07 — Australia 5 Burwill Trading Pte. Ltd. SGD 28.68 31.26 (3.23) 35.71 7.67 — 157.84 1.53 0.21 1.32 — Singapore 6 Easteel Construction Services Pte. Ltd. SGD 28.68 2.87 5.71 12.15 3.57 — 33.51 2.50 0.36 2.14 — Singapore 7 Easteel Services (M) Sdn Bhd SGD 28.68 — 0.21 1.09 0.88 — 1.49 0.15 0.03 0.12 — Malaysia 8 Eastern Steel Fabricators Philippines, Inc. SGD 28.68 12.46 (37.06) 7.07 31.67 — — 0.46 — 0.46 — Philippines 9 Eastern Steel Services Pte. Ltd. SGD 28.68 28.68 5.54 34.52 0.31 — 8.31 0.01 — 0.01 — Singapore 10 Eastern Wire Pte. Ltd. SGD 28.68 23.95 23.47 48.42 1.01 — 10.04 0.35 0.67 (0.32) — Singapore 11 Gopalpur Special Economic Zone Ltd. INR — 0.10 — 0.10 — — — — — — — India 12 Hooghly Met Coke & Power Company Ltd. INR — 100.05 — 519.39 419.34 — — — — — — India 13 International Shipping Logistics FZE AED 11.85 1.19 16.67 17.86 — — 88.02 7.07 — 7.07 — Dubai 14 Jamshedpur Utilities& Services Company Ltd. INR — 0.35 17.74 18.09 — — 219.89 18.50 7.39 11.11 — India 15 Kalimati Coal Company Pty. Ltd. SGD 28.68 21.06 (5.46) 68.57 52.97 — — (4.11) — (4.11) — Australia 16 Kalimati Investments Co. Ltd. INR — 16.39 212.46 249.60 20.75 80.08 23.27 20.01 0.25 19.76 3.28 India 17 Lanka Special Steels Ltd. LKR 0.40 1.00 (0.37) 4.07 3.45 — 30.81 (0.60) — (0.60) — Sri Lanka 18 Materials Recycling Pte. Ltd. SGD 28.68 0.72 (0.72) — — — — — — — — Singapore 19 N.T.S. Steel Group Public Company Ltd. THB 1.34 443.63 27.47 1403.74 932.24 — 1359.67 41.29 0.14 41.42 — Thailand 20 NatSteel Equity IV Pte. Ltd. SGD 28.68 — 47.55 66.30 18.75 — — — — — — Singapore 21 NatFerrous Pte. Ltd. SGD 28.68 28.68 38.85 199.38 131.86 — 1013.46 11.51 1.95 9.56 — Singapore 22 NatSteel (Xiamen) Ltd. SGD 28.68 105.86 (6.71) 210.63 111.48 — 242.96 2.74 0.10 2.84 — China 23 NatSteel Asia (S) Pte. Ltd. SGD 28.68 5.74 72.78 88.60 10.08 — 74.05 12.14 0.18 12.32 — Singapore 24 NatSteel Asia Pte. Ltd. SGD 28.68 780.10 82.25 2337.39 1475.03 8.82 1667.07 (1.82) 0.78 (1.04) — Singapore 25 NatSteel Australia Pty. Ltd. SGD 28.68 28.37 (44.59) 246.36 262.57 — 362.92 (22.18) — (22.18) — Australia 26 NatSteel Middle East FZE SGD 28.68 1.27 (0.36) 1.04 0.13 — — (0.28) — (0.28) — Dubai 27 NatSteel Trade International (Shangai) Co. Ltd. SGD 28.68 0.97 (0.41) 0.98 0.41 — — (0.03) — (0.03) — China 28 NatSteel Trade International Pte. Ltd. SGD 28.68 8.43 44.68 185.19 132.07 — 1676.65 3.48 4.63 8.11 — Singapore 29 NatSteel Vina Co. Ltd. SGD 28.68 38.41 (3.57) 38.06 3.22 — 86.93 0.03 — 0.03 — Vietnam 30 PT Materials Recycling Indonesia SGD 28.68 0.77 (2.47) (1.81) 3.51 — 16.15 0.13 — 0.13 — Indonesia 31 Rawmet Ferrous Industries Pvt. Ltd. INR — 30.60 0.15 86.91 56.16 — 58.79 0.19 0.05 0.14 — India 32 Siam Industrial Wire Company Ltd. SGD 28.68 31.32 159.63 215.27 24.32 — 487.16 64.95 8.07 56.88 — Thailand 33 Siam Iron & Steel Company Ltd. THB 1.34 16.08 47.98 362.77 298.71 — 911.47 28.88 5.01 23.86 — Thailand 34 Sila Eastern Ltd. THB 1.34 0.27 2.67 2.94 — — 49.49 1.83 0.62 1.21 — Thailand 35 Tata Incorporated USD 43.53 6.53 38.71 45.24 — 1.28 680.75 7.73 2.90 4.83 — USA 36 Tata Korf Engineering Services Ltd. INR — 0.40 — 3.53 3.13 — 0.17 (0.10) — (0.10) — India 37 Tata Refractories Ltd. INR — 20.90 166.87 332.61 144.84 33.89 463.96 30.59 11.61 18.98 8.56 India
Statement pursuant to Section 212(8) of the Companies Act, 1956, related to Subsidiary Companies Rs. crores Sr. Name of the Subsidiary Reporting Exchange Capital Reserves Total Total Investment Turnover Profit Provision Profit Proposed Country No. Company Currency Rate Assets Liabilities included in before for after Dividend Total Assets Taxation Taxation Taxation 38 Tata Steel (Thailand) Public Company Ltd. THB 1.34 1145.93 514.25 2398.37 738.18 1380.52 66.38 58.99 2.33 56.66 — Thailand 39 Tata Steel Asia Holding Pte. Ltd. GBP 85.23 0.72 (68.02) 11080.62 11147.92 — — (67.86) — (67.86) — Singapore 40 Tata Steel (KZN) (Pty) Ltd. ZAR 5.95 85.69 (1.92) 147.77 64.00 — 0.31 (1.92) — (1.92) — South Africa 41 Tata Steel Netherlands B.V EURO 57.92 — (0.04) (0.04) — — — (0.04) — (0.04) — Netherlands 42 Tata Steel UK Limited GBP 85.23 — (160.54) (160.54) — 11522.97 — (160.17) — (160.17) — United Kingdom 43 The Indian Steel & Wire Products Ltd. INR — 5.99 72.75 133.40 54.65 — 98.20 6.61 0.21 6.40 — India 44 The Siam Construction Steel Company Ltd. THB 1.34 234.73 153.54 506.06 117.80 — 1272.04 144.81 28.15 116.66 — Thailand 45 The Tata Pigments Ltd. INR — 0.75 11.96 12.89 0.18 — 23.29 3.00 1.27 1.73 0.45 India 46 TKM Overseas Transport (Europe) GmbH EURO 57.92 — 0.01 0.01 — — 0.02 — — — — Germany 47 TKM Transport Management Services Pvt. Ltd. INR — 0.11 6.08 6.19 — 1.11 110.04 (0.89) 0.01 (0.88) — India 48 TM International Logistics Ltd. INR — 18.00 45.49 76.65 13.17 2.90 126.46 14.83 4.77 10.06 2.16 India 49 TRL Asia Private Ltd. SGD 28.68 37.26 (0.05) 37.21 (—) 36.89 — (0.04) — (0.04) — Singapore 50 TRL China Ltd. RMB 5.63 36.59 (0.55) 36.04 (—) — 0.48 (0.55) — (0.55) — P R China 51 TS Asia (Hong Kong) Pte. Ltd. SGD 28.68 — 7.75 117.43 109.68 — 203.50 9.65 1.69 7.96 — Hong Kong 52 TS Resources Australia Pty. Ltd. SGD 28.68 — 0.03 21.29 21.26 — 101.26 0.03 — 0.03 — Australia 53 Tulip Netherlands (No. 1) B.V EURO 57.92 0.10 (—) 0.10 — — — (—) — (—) — Netherlands 54 Tulip Netherlands (No . 2) B.V EURO 57.92 0.10 (—) 0.10 — — — (—) — (—) — Netherlands 55 Tulip UK Holdings (No. 1) Ltd. GBP 85.23 — (10.00) 2002.96 2012.96 — 39.51 (9.97) — (9.97) — United Kingdom 56 Tulip UK Holdings (No. 2) Ltd. GBP 85.23 — 2.15 2.15 — — 39.57 2.14 — 2.14 — United Kingdom 57 Tulip UK Holdings (No. 3) Ltd. GBP 85.23 — 1.98 1.98 — — 39.63 1.97 — 1.97 — United Kingdom 58 Wuxi Jinyang Metal Products Co. Ltd. SGD 28.68 64.35 33.04 121.31 23.92 — 209.22 18.05 4.24 13.81 — China 59 Wuxi NatSteel Metal Products Co. Ltd. SGD 28.68 2.56 (0.02) 2.53 — — — — — — — China NOTE : The Indian rupee equivalents of the figures given in foreign currencies in the accounts of the subsidiary companies, have been given based on the exchange rates as on 31.3.2007 185
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A Century of Trust 100th Annual Rep
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Tata Steel is Asia’s first and In
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Redefining steel with world-class p
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in a manner that ring-fences the Co
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Board of Directors Mr. R. N. Tata C
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The state-of-the-art Hot Strip Mill
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Distribution of Revenue 2006 - 2007
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1907-2007 JRD Tata with Pandit Jawa
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1907-2007 Tata Steel’s state-of-t
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This photograph taken by a Tata Ste
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Profit Sharing Bonus was granted fo
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A modern swimming pool at the G Tow
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steeljunction in Kolkata - India’
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Tata Steel has introduced high-end
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Tata Structura is a new-age constru
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Shareholder interaction at an Annua
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Within three weeks of the announcem
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It was 1956. The company was faced
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Community and environment : Improvi
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A Critical Care Unit, in the 850-be
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The Tata Steel Family Initiatives F
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The Tata Steel works, mines, collie
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An aerial view of the planned indus
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The Cold Rolling Complex at Jamshed
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1933 Two new roughing and finishing
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From the early days, the Tata Steel
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Production Highlights • The best
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Aspire with T3 With the objective o
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Operational Highlights NSA increase
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was above the average total score o
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Blast furnaces at Corus’ integrat
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Corus produces strong, light steel
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Corus is British Triathlon’s main
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Review of Corporate Sustainability
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TSRDS focused on popularising repro
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Centenary Year The founder, Jamsetj
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esulting in a reduction in consumpt
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convertible preference shares and a
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expansion of crude steel making cap
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The bulk cargo berths are being des
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Corporate Governance Pursuant to Cl
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Annexure 'A' to Directors’ Report
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Form - B Form for disclosure of par
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6 am 2 pm 12 noon 10 am 8 am 8 pm 6
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Particulars of technology imported
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Management Discussion and Analysis
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of 8%. In 2006, China produced 422.
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The Company plans to achieve these
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I. Strategic Rationale for acquisit
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Steelium (India’s first branded c
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The “G” Blast Furnace in Jamshe
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Sales of manganese ore in the domes
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d) Payments and Provisions to Emplo
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m) Stores and Spare Parts and Stock
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The Company generated EVA of Rs. 2,
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Business and Operational Risk The m
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• Raising cost efficient funds fo
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Highlights 2006-07 2005-06 Rupees R
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Auditors’ Report TO THE MEMBERS O
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(b) In our opinion and having regar
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(xii) In our opinion and according
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Profit and Loss Account for the yea
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Cash Flow Statement for the year en
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Schedule forming part of the profit
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Schedule forming part of the balanc
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Page 135 and 136: Schedule forming part of the balanc
Page 141 and 142: Schedules forming part of the balan
Page 143 and 144: SCHEDULE M : NOTES ON BALANCE SHEET
Page 163 and 164: Balance Sheet Abstract and Company'
Page 165 and 166: CAPITAL ACCOUNTS Financial Statisti
Page 167 and 168: Financial Ratios 2006-07 2005-06 20
Page 169 and 170: Name Category No. of Whether No. of
Page 171 and 172: the Tata Code of Conduct, which req
Page 173 and 174: Shareholding of the Directors in th
Page 175 and 176: Committees In addition to the above
Page 177 and 178: employees to report concerns about
Page 179 and 180: Market Information Market Price Dat
Page 181 and 182: Distribution of Shareholding Number
Page 183 and 184: Address for Correspondence : Tata S
Page 185: Certificate To the Members of TATA
Page 189 and 190: 4. Subject to the matters referred
Page 191 and 192: Consolidated Profit and Loss Accoun
Page 193 and 194: Consolidated Cash Flow Statement fo
Page 195 and 196: Schedule forming part of the Consol
Page 197 and 198: Schedules forming part of the Conso
Page 203 and 204: SCHEDULE N : NOTES TO THE CONSOLIDA
Page 219 and 220: The Dimna reservoir near Jamshedpur
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100th Annual Report 2006-2007 - Tata Steel

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