Annual Report for 2012-13 - Mangalore Refinery and ...

Mangalore Refinery and Petrochemicals Limited
NOTE 14 LONG TERM LOANS AND ADVANCES
(Unsecured and Considered good unless and otherwise stated)
AS AT 31st March 2013 AS AT 31st March 2012
` in Million ` in Million ` in Million ` in Million
14.1 To related Party
Advance towards Equity share 600.49 600.98
14.2 Others
Capital Advance 2,434.82 6,755.03
Employee Advance
Secured, considered good (Refer Note a) 194.79 119.21
Secured, considered doubtful 0.81 0.81
Less: Provision for doubtful loans and advances 0.81 194.79 0.81 119.21
Deposits with Custom, Port etc 0.01 0.01
Income Tax Paid (Net of Provision) 1,016.77 -
Deposit with Others
Unsecured, considered good 452.33 433.99
Unsecured, considered doubtful 3.40 4.35
Less: Provision for doubtful loans and advances 3.40 452.33 4.35 433.99
Total 4,699.21 7,909.22
Notes
a
NOTE 15
Includes loans having repayment schedule of more than 7 years
Employee Advance stated above includes :
AS AT
31st March 2013
` in Million
AS AT
31st March 2012
` in Million
Directors 1.09 1.23
OTHER NON CURRENT ASSETS
1.09 1.23
Accrued Interest On Employees Loan scheme 25.61 21.40
Income Tax Paid Under Disputes 948.74 1000.92
Total 974.35 1,022.32
Note 16
CURRENT INVESTMENTS
Non Trade
Investment in government securities : Unquoted at cost
7% GOI Oil Bonds, 2012 - 272.78
(Nil (Previous year 27,278 bonds ` 10,000 each fully paid))
Total - 272.78
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