100th Annual Report 2006-2007 - Tata Steel

More documents

Recommendations

Info

Hundredth annual report 2006-07 Schedules forming part of the Consolidated balance sheet SCHEDULE A : SHARE CAPITAL :— (Item No. 1(a), Page 188) As at 31-3-2006 Rupees Rupees crores crores Authorised : 1,750,000,000 Ordinary Shares of Rs. 10 each................................. 1750.00 600.00 (31.3.2006 : 600,000,000 Ordinary Shares of Rs. 10 each) 25,000,000 Cumulative Redeemable Preference Shares of Rs. 100 each 250.00 250.00 (31.3.2006 : 25,000,000 Ordinary Shares of Rs. 100 each) 2000.00 850.00 Issued : 580,403,477 @ Ordinary Shares of Rs. 10 each (31.3.2006 : 553,403,477 Ordinary Shares of Rs. 10 each) ................ 580.40 553.40 Subscribed : 579,801,401 @ Ordinary Shares of Rs. 10 each fully paid up (31.3.2006 : 579.80 552.80 552,801,401 Ordinary Shares of Rs. 10 each) Add — Amount paid up on 389,516 (31.3.2006 : 389,516) Ordinary Shares forfeited ................................................... 0.20 0.20 @ Excludes 671,455 (31.3.2006 : 671,455) Ordinary Shares held by a Subsidiary. 580.00 553.00 SCHEDULE B : RESERVES AND SURPLUS :— (Item No. 2, Page 188) As at 31-3-2006 Rupees Rupees crores crores (a) Securities Premium Account ..................................................................... 2259.36 829.20 (b) Amalgamation Reserve ............................................................................. 1.12 1.12 (c) Debenture Redemption Reserve .............................................................. 646.00 646.00 (d) Capital Redemption Reserve .................................................................... 20.78 20.78 (e) Capital Reserve ......................................................................................... 15.96 15.96 (f) Capital Reserve (arising on Consolidation) .............................................. 15.91 11.03 (g) General Reserve ....................................................................................... 5931.62 4737.46 (h) Investment Allowance (Utilised) Reserve ................................................ 0.23 0.23 (i) Export Profits Reserve ............................................................................. 1.25 1.25 (j) Foreign Currency Translation Reserve .................................................... (3.76) 11.01 (k) Contributions for Capital Expenditure ....................................................... 42.65 37.06 (l) Contingency Reserve ............................................................................... 100.00 100.00 (m) Debenture Forfeiture Account .................................................................. 0.04 0.04 (n) Special Reserve ........................................................................................ 23.59 19.64 (o) Profit and Loss Account ............................................................................ 4840.39 3298.06 13895.14 9728.84 194
Schedules forming part of the Consolidated balance sheet SCHEDULE C : SECURED LOANS :— (Item No. 6(a), Page 188) As at 31-3-2006 Rupees Rupees crores crores (a) Banks and Financial Institutions ............................................................... — 63.47 (b) Joint Plant Committee-Steel Development Fund [including funded interest Rs. 230.02 crores (31.3.2006 : Rs. 222.32 crores)] ................... 1650.24 1609.25 (c) Privately Placed Non-Convertible Debentures ...................................... 175.00 462.50 (d) International Finance Corporation, Washington - A Loan US $ 100 million equivalent (repayable in foreign currency) ............................................. 435.35 — (e) International Finance Corporation, Washington - B Loan US $ 300 million equivalent (repayable in foreign currency) ............................................. 1306.05 — (f) Working Capital Demand Loan/Term Loans from Banks ........................ 1116.40 295.28 (g) Cash Credits/Packing Credits from Banks .............................................. 273.75 72.21 (h) Government of India .................................................................................. 0.02 0.02 (i) Assets under lease ................................................................................... 4.42 0.66 4961.23 2503.39 SCHEDULE D : UNSECURED LOANS :— (Item No. 6(b), Page 188) As at 31-3-2006 Rupees Rupees crores crores (a) Fixed Deposits (including interest accrued and due) ........................... 24.14 36.94 (b) Housing Development Finance Corporation Ltd. .................................. 8.69 12.35 (c) JPY Syndicated ECB Loan - US $ 495 million equivalent (repayable in foreign currency) ............................................................. 2162.66 — (d) Japan Bank of International Co-operation and various Financial Institutions (repayable in foreign currency) .......................................... 112.43 143.62 (e) Canara Bank, London ECB Loan – US $ 5 million (repayable in foreign currency) ............................................................. 21.77 — (f) Euro Hermes Loans from Deutsche Bank, Frankfurt (repayable in foreign currency) ............................................................. 10.47 — (g) JPY Syndicated Standard Chartered Bank Loan - US $ 750 million equivalent (repayable in foreign currency) ........................................... 3298.88 — (h) Loan facility arranged by Standard Chartered Bank - GBP 235 million equivalent (repayable in foreign currency) * ......................................... 2012.96 — (i) Syndicated loan facility arranged by Standard Chartered Bank - GBP 90 million equivalent (repayable in foreign currency) * ................ 767.08 — (j) Syndicated loan facility arranged by Standard Chartered Bank - GBP 65 million equivalent (repayable in foreign currency) * ................ 554.00 — (k) Syndicated loan facility arranged by Standard Chartered Bank - GBP 200 million equivalent (repayable in foreign currency) * .............. 1704.61 — (l) Syndicated loan facility arranged by ABN Amro Bank N.V. and Standard Chartered Bank - US $ 1,780 million equivalent (repayable in foreign currency) * ........................................................... 8122.23 — (m) Banks and Financial Institutions ............................................................ 1114.18 666.55 (n) Interest Free Loans Under Sales Tax Deferral Scheme ...................... 0.52 0.57 (o) Others ..................................................................................................... 49.68 14.01 19964.30 874.04 * See Note 6 (iii), Page 205 195
Page 1 and 2:
A Century of Trust 100th Annual Rep
Page 3 and 4:
Tata Steel is Asia’s first and In
Page 5 and 6:
Redefining steel with world-class p
Page 7 and 8:
in a manner that ring-fences the Co
Page 9 and 10:
Board of Directors Mr. R. N. Tata C
Page 11 and 12:
The state-of-the-art Hot Strip Mill
Page 13 and 14:
Distribution of Revenue 2006 - 2007
Page 15 and 16:
1907-2007 JRD Tata with Pandit Jawa
Page 17 and 18:
1907-2007 Tata Steel’s state-of-t
Page 19 and 20:
This photograph taken by a Tata Ste
Page 21 and 22:
Profit Sharing Bonus was granted fo
Page 23 and 24:
A modern swimming pool at the G Tow
Page 25 and 26:
steeljunction in Kolkata - India’
Page 27 and 28:
Tata Steel has introduced high-end
Page 29 and 30:
Tata Structura is a new-age constru
Page 31 and 32:
Shareholder interaction at an Annua
Page 33 and 34:
Within three weeks of the announcem
Page 35 and 36:
It was 1956. The company was faced
Page 37 and 38:
Community and environment : Improvi
Page 39 and 40:
A Critical Care Unit, in the 850-be
Page 41 and 42:
The Tata Steel Family Initiatives F
Page 43 and 44:
The Tata Steel works, mines, collie
Page 45 and 46:
An aerial view of the planned indus
Page 47 and 48:
The Cold Rolling Complex at Jamshed
Page 49 and 50:
1933 Two new roughing and finishing
Page 51 and 52:
From the early days, the Tata Steel
Page 53 and 54:
Production Highlights • The best
Page 55 and 56:
Aspire with T3 With the objective o
Page 57 and 58:
Operational Highlights NSA increase
Page 59 and 60:
was above the average total score o
Page 61 and 62:
Blast furnaces at Corus’ integrat
Page 63 and 64:
Corus produces strong, light steel
Page 65 and 66:
Corus is British Triathlon’s main
Page 67 and 68:
Review of Corporate Sustainability
Page 69 and 70:
TSRDS focused on popularising repro
Page 71 and 72:
Centenary Year The founder, Jamsetj
Page 73 and 74:
esulting in a reduction in consumpt
Page 75 and 76:
convertible preference shares and a
Page 77 and 78:
expansion of crude steel making cap
Page 79 and 80:
The bulk cargo berths are being des
Page 81 and 82:
Corporate Governance Pursuant to Cl
Page 83 and 84:
Annexure 'A' to Directors’ Report
Page 85 and 86:
Form - B Form for disclosure of par
Page 87 and 88:
6 am 2 pm 12 noon 10 am 8 am 8 pm 6
Page 89 and 90:
Particulars of technology imported
Page 91 and 92:
Management Discussion and Analysis
Page 93 and 94:
of 8%. In 2006, China produced 422.
Page 95 and 96:
The Company plans to achieve these
Page 97 and 98:
I. Strategic Rationale for acquisit
Page 99 and 100:
Steelium (India’s first branded c
Page 101 and 102:
The “G” Blast Furnace in Jamshe
Page 103 and 104:
Sales of manganese ore in the domes
Page 105 and 106:
d) Payments and Provisions to Emplo
Page 107 and 108:
m) Stores and Spare Parts and Stock
Page 109 and 110:
The Company generated EVA of Rs. 2,
Page 111 and 112:
Business and Operational Risk The m
Page 113 and 114:
• Raising cost efficient funds fo
Page 115 and 116:
Highlights 2006-07 2005-06 Rupees R
Page 117 and 118:
Auditors’ Report TO THE MEMBERS O
Page 119 and 120:
(b) In our opinion and having regar
Page 121 and 122:
(xii) In our opinion and according
Page 123 and 124:
Profit and Loss Account for the yea
Page 125 and 126:
Cash Flow Statement for the year en
Page 127 and 128:
Schedule forming part of the profit
Page 129 and 130:
Schedule forming part of the balanc
Page 131 and 132:
Page 133 and 134:
Page 135 and 136:
Page 137 and 138:
Page 139 and 140:
Page 141 and 142:
Schedules forming part of the balan
Page 143 and 144:
SCHEDULE M : NOTES ON BALANCE SHEET
Page 145 and 146: 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 and 186: Certificate To the Members of TATA
Page 187 and 188: Statement pursuant to Section 212(8
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: Schedule forming part of the Consol
Page 199 and 200: Schedules forming part of the Conso
Page 201 and 202: 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
show all

100th Annual Report 2006-2007 - Tata Steel

Create successful ePaper yourself

Delete template?

Save as template?