2010-11 - Grasim
2010-11 - Grasim
2010-11 - Grasim
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ULTRATECH CEMENT<br />
MIDDLE EAST INVESTMENTS LIMITED<br />
Consolidated Balance Sheet as at March 31, 20<strong>11</strong><br />
Amount in AED Crores<br />
Amount in INR Crores<br />
Schedules<br />
As at As at As at<br />
As at<br />
Mar 31, 20<strong>11</strong> Mar 31, <strong>2010</strong> Mar 31, 20<strong>11</strong> Mar 31, <strong>2010</strong><br />
SOUR<br />
URCES OF FUNDS<br />
Shareholders’ ’ Funds<br />
Share Capital 1 15.48<br />
0.60 187<br />
87.94<br />
7.34<br />
Reserves and Surplus 2 0.10 — 3.26 —<br />
15.58<br />
0.60 191<br />
91.20<br />
7.34<br />
Loan Funds<br />
Secured Loans 3 6.54 — 79.43 —<br />
Unsecured Loans 4 108.20<br />
— 1,313.82<br />
3.82 —<br />
<strong>11</strong>4.7<br />
4.74 — 1,393.25 —<br />
Minority Interest 4.68 — 56.88 —<br />
TOTAL<br />
135.0<br />
35.01 0.60 1,641.34<br />
7.34<br />
APPLICATION OF FUNDS<br />
Fixed<br />
Assets<br />
Gross Block 5 85.13 — 1,033.64 —<br />
Less:<br />
Depreciation 18.07<br />
— 219.40<br />
—<br />
Net Block 67.06<br />
— 814.24<br />
—<br />
Capital Work-in-Progress 4.91 — 59.56 —<br />
71.96<br />
— 873.80 —<br />
Goodwill 37.61<br />
— 456.70 —<br />
(Stated at cost)<br />
Defer<br />
erred red tax assets (net) 0.29 — 3.54 —<br />
Current<br />
rent Assets, Loans and Adv<br />
dvances<br />
Income Accrued on Investment<br />
Inventories 6 10.69<br />
— 129.7<br />
29.76 —<br />
Sundry Debtors 7 18.66<br />
— 226.58 —<br />
Cash and Bank Balances 8 2.27 0.60 27.60<br />
7.31<br />
Loans and Advances 9 4.71 — 57.20<br />
—<br />
36.33 0.60 441.1<br />
.14 7.31<br />
Less:<br />
Current rent Liabilities and Pro<br />
rovisions<br />
Current Liabilities 10 13.90<br />
— 168.83<br />
0.01<br />
Provisions <strong>11</strong> 0.53 — 6.41 —<br />
14.43<br />
— 175.24<br />
0.01<br />
Net Current<br />
rent Assets<br />
21.90<br />
.90 0.60 265.89 7.30<br />
Profit & Loss<br />
Account Debit Balance<br />
3.24 — 41.40<br />
.40 0.04<br />
TOTAL<br />
AL 135.0<br />
35.01 0.60 1,641.34<br />
.34 7.34<br />
In terms of our report attached.<br />
For or MAHENDRA ASHER & CO.<br />
Chartered Accountants<br />
R. N. SHETTY<br />
Partner<br />
For and on behalf of the Board of Directors<br />
O. . P. P<br />
. Puranmalka<br />
Director<br />
K. C. Birla<br />
Director<br />
Dubai, April 21, 20<strong>11</strong><br />
132
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