Annual Report 2012-2013 - UB Group

Notes to the Consolidated Financial Statements (contd.)
As at
March 31, 2013
` in million
As at
March 31, 2012
4 Long term borrowings
Secured
From banks 4,662.688 2,207.486
From others 21,063.839 18,179.145
Unsecured
Fixed deposits 524.675 850.793
From bank - 500.000
From group companies 250.000 2,080.000
From others 4,069.126 2,060.867
30,570.328 25,878.291
Less: Current Maturities
Secured
From banks 151.416 62.616
From others 10,767.369 2,470.674
Unsecured
Fixed deposits 361.161 564.550
From bank - 500.000
From group companies 250.000 -
From others 15.000 26.576
11,544.946 3,624.416
19,025.382 22,253.875
(Borrowings are secured by pledge of shares held by the parent company and its subsidiary, deposit of title deed
of the parent companys’ land and structures in Bangalore, charge on fixed assets, charge on current assets,
securitisation of rent receivables from the property let out, assignment of receivables for use of trade marks and
securitisation of sale proceeds from the luxury residential building.)
5. Other long term liabilities
Trademark licence security deposits 2,365.000 2,425.000
Lease security deposits 354.950 350.204
Interest accrued but not due - 24.399
Refundable deposit 67.500 67.500
Instalments from allottees for residential units 1,135.222 826.925
3,922.672 3,694.028
6. Long term provisions
For legal cases 37.428 37.428
Employee benefits 38.690 39.533
76.118 76.961
77