100th Annual Report 2006-2007 - Tata Steel

More documents

Recommendations

Info

Hundredth annual report 2006-07 SCHEDULE N : NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY AND ITS SUBSIDIARIES FOR THE FINANCIAL YEAR 2006-07 :– continued 21. Related Party Disclosures (a) List of Related Parties and Relationships Party Relationship A. Almora Magnesite Ltd. Associate — Indian Steel Rolling Mills Ltd. Where the Company exercises Industrial Energy Ltd. * significant influence Jamshedpur Injection Powder Ltd. Kalinga Aquatics Ltd. Kumardhubi Fireclay & Silica Works Ltd. Kumardhubi Metal Casting & Engineering Ltd. Metal Corporation of India Ltd. Nicco Jubilee Park Ltd. Rujuvalika Investments Ltd. Southern Steel, Berhard Srutech Tubes (India) Pvt. Ltd. Steel Asia Development and Management Corporation Steel Asia Industries Inc. Steel Asia Manufacturing Corporation Tata Construction & Projects Ltd. Tata Metaliks Ltd. Tata Sponge Iron Ltd. Tayo Rolls Ltd. The Tinplate Company of India Ltd. TKM Overseas Ltd. TRF Ltd. B. mjunction Services Ltd. Joint Venture (formerly known as Metaljunction Services Limited) Tata BlueScope Steel Ltd. * Tata Ryerson Ltd. The Dhamra Port Company Ltd. C. Tata Sons Ltd. Promoters' holding together with its Subsidiaries is more than 20% D. Key Management Personnel Whole Time Director Mr. B. Muthuraman Dr. T. Mukherjee Mr. A.N. Singh E. Relatives of Key Management Personnel Relative of Whole Time Director Ms. Sumathi Muthuraman Ms. Shuvra Mukherjee Ms. Ipshita Kamra * Part of the year. 212
SCHEDULE N : NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS OF THE COMPANY AND ITS SUBSIDIARIES FOR THE FINANCIAL YEAR 2006-07 :– continued 21. (b) Related Party Transactions Rs. crores Transactions Associates Key Relatives of Key Promoter Total & JVs Management Management # Personnel Personnel Purchase of Goods Jamshedpur Injection Powder Ltd. 43.65 — — — 43.65 37.92 — — — 37.92 Tayo Rolls Ltd. 38.47 — — — 38.47 22.36 — — — 22.36 TRF Ltd. 12.71 — — — 12.71 42.96 — — — 42.96 Others 0.69 — — — 0.69 86.84 — — — 86.84 95.52 — — — 95.52 190.08 — — — 190.08 Sale of Goods Southern Steel, Berhard 962.29 — — — 962.29 584.64 — — — 584.64 Tata Ryerson Ltd. 655.35 — — — 655.35 475.38 — — — 475.38 Others 235.31 — — — 235.31 274.80 — — — 274.80 1,852.95 — — — 1,852.95 1,334.82 — — — 1,334.82 Receiving of Services Tata Ryerson Ltd. 83.72 — — — 83.72 75.95 — — — 75.95 The Tinplate Company of India Ltd. 222.72 — — — 222.72 166.15 — — — 166.15 Others 17.02 0.02 0.02 1.00 18.06 9.60 0.02 0.02 0.28 9.92 323.46 0.02 0.02 1.00 324.50 251.70 0.02 0.02 0.28 252.02 Rendering of Services The Tinplate Company of India Ltd. 34.24 — — — 34.24 34.58 — — — 34.58 Others 15.55 — — 0.14 15.69 13.00 — — 0.06 13.06 49.79 — — 0.14 49.93 47.58 — — 0.06 47.64 Purchase of Fixed Assets TRF Ltd. 27.61 — — — 27.61 2.33 — — — 2.33 27.61 — — — 27.61 2.33 — — — 2.33 Leasing or Hire Purchase Agreements Tata Ryerson Ltd. — — — — — 0.08 — — — 0.08 — — — — — 0.08 — — — 0.08 Dividend and Fraction Bonus amount paid to Shareholders Tata Sons Ltd. — — — 144.64 144.64 — — — 142.44 142.44 Others — * ** — — 1.52 *** **** — 1.52 — * ** 144.64 144.64 1.52 *** **** 142.44 143.96 Dividend Income mjunction Services Ltd. 4.00 — — — 4.00 2.20 — — — 2.20 Tata Metaliks Ltd. 7.08 — — — 7.08 7.08 — — — 7.08 The Tinplate Company of India Ltd. 13.01 — — — 13.01 — — — — — Others 6.43 — — — 6.43 8.90 — — — 8.90 30.52 — — — 30.52 18.18 — — — 18.18 Interest Expense Southern Steel, Berhard 0.04 — — — 0.04 — — — — — 0.04 — — — 0.04 — — — — — 213
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:
Page 147 and 148:
Page 149 and 150:
Page 151 and 152:
Page 153 and 154:
Page 155 and 156:
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
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 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 213: SCHEDULE N : NOTES TO THE CONSOLIDA
Page 219 and 220: The Dimna reservoir near Jamshedpur
show all

100th Annual Report 2006-2007 - Tata Steel

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?