100th Annual Report 2006-2007 - Tata Steel

SCHEDULE N : NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY AND ITS SUBSIDIARIES
FOR THE FINANCIAL YEAR 2006-07 :– continued
Information about Secondary Segments : Geographical 2006-07 2005-06
Rs. crores Rs. crores
Revenue by Geographical Market
India ..................................................................................... 16,085.80 13,715.09
Outside India ....................................................................... 9,127.51 6,607.05
25,213.31 20,322.14
Additions to Fixed Assets and Intangible Assets
India ..................................................................................... 2,692.98 1,817.77
Outside India ....................................................................... 714.96 120.84
3,407.94 1,938.61
As at
As at
31.3.2007 31.3.2006
Rs. crores Rs. crores
Carrying Amount of Segment Assets
India ..................................................................................... 22,636.43 14,686.26
Outside India ....................................................................... 10,280.72 2,227.38
32,917.15 16,913.64
Notes :
(i) The Company has disclosed Business Segment as the primary segment. Segments have been identified taking into account the nature
of the products, the differing risks and returns, the organisational structure and internal reporting system. The Company's operations
predominantly relate to manufacture of Steel and Ferro Alloys and Minerals Business. Other business segments comprises of Tubes,
Bearings, Refractories, Pigments, Port operations, Municipal services and Investment activities.
(ii) Segment Revenue, Segment Results, Segment Assets and Segment Liabilities include the respective amounts identifiable to each of
the segments as also amounts allocated on a reasonable basis. The expenses, which are not directly relatable to the business segment,
are shown as unallocated corporate cost. Assets and liabilities that cannot be allocated between the segments are shown as unallocated
corporate assets and liabilities respectively.
(iii) Total Unallocable Assets exclude : As at As at
31.3.2007 31.3.2006
Rs. crores Rs. crores
Investments ......................................................................... 16,245.01 3,261.43
Miscellaneous Expenditure ................................................. 209.77 256.01
Goodwill on consolidation .................................................... 40.37 12.24
Purchased Goodwill ............................................................ 179.29 101.76
16,674.44 3,631.44
Total Unallocable Liabilities exclude :
Secured Loans .................................................................... 4,961.23 2,503.39
Unsecured Loans ................................................................ 19,964.31 874.04
Provision for Employee Separation Compensation ........... 1,118.30 1,402.56
Deferred Tax Liability (Net) ................................................. 785.94 992.18
Minority Interest ................................................................... 598.39 123.57
27,428.17 5,895.74
(iv) Transactions between segments are primarily for materials which are transferred at market determined prices and common costs are
apportioned on a reasonable basis.
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