2010-11 - Grasim

UltraTec
ech Cement Limited
19.
Information relating to Subsidiaries including subsidiaries of subsidiaries:
(In terms of Government of India, Ministry of Corporate Affairs general Circular No: 2/2011, No: 5/12/2007-CL-III dated 8 th February, 2011)
(` in Crores)
Sr.No Name of the Subsidiary Companies Year Currency Share Reserves and Total Assets Total Liabilities Details of Turnover Profit / (Loss) Provision for Profit / Proposed
Capital Surplus (Net (Fixed Assets (Debts+Current Investments before Taxation (Loss) Dividend
Including of debit +Current Assets Liabilities & (excluding Taxation after Tax (including
Share balance of + Deferred Provisions+ investment Corporate
application profit & loss Tax Assets) Deferred in the Dividend Tax)
Money account) tax subsidiary
Liabilities) companies)-
Treasury Bill
1 Dakshin Cements Ltd. 2010-11 ` 0.05 - 0.41 0.36 - - - - - -
2009-10 0.05 - 0.28 0.23 - - - - - -
2 Harish Cement Ltd.(w.e.f. 1 st July, 2010) 2010-11 ` 0.05 - 126.63 126.58 - - - - - -
2009-10 - - - - - - - - - -
3 UltraTech Cement Lanka Pvt Ltd. 2010-11 SLR 50.00 58.38 151.56 70.46 27.28 623.87 48.20 20.54 27.66 10.80
` 20.20 23.58 61.29 28.53 11.02 248.81 19.26 8.30 10.96 5.98
2009-10 SLR 50.00 45.71 155.45 59.74 - 617.10 38.86 15.36 23.50 5.00
` 19.69 18.19 60.69 23.18 - 256.55 14.24 6.05 8.19 2.08
4 UltraTech Cement Middle East Investments Ltd.
(Standalone) (w.e.f. 3 rd March, 2010) 2010-11 AED 15.48 (0.51) 0.02 44.13 - - (0.51) - (0.51) -
` 187.94 (6.23) 0.20 535.88 - - (6.33) - (6.33) -
2009-10 AED 0.60 (0.00) 0.60 0.00 - - - - - -
` 7.34 (0.04) 7.31 0.01 - - - - - -
5 Star Cement Co LLC, Dubai @
(w.e.f. 31 st August, 2010) 2010-11 AED 5.09 0.24 21.91 16.58 - 19.12 (2.35) - (2.35) -
` 61.75 2.89 265.84 201.20 - 237.27 (29.18) - (29.18) -
2009-10 - - - - - - - - - -
6 Arabian Cement Industry LLC, Abu Dhabi @
(w.e.f. 15 th September,2010) 2010-11 AED 1.00 (0.41) 19.36 18.77 - 17.33 (2.29) - (2.29) -
` 12.14 (4.95) 234.95 227.77 - 214.96 (28.46) - (28.46) -
2009-10 - - - - - - - - - -
7 Star Cement Co LLC, Ras Al Khaimah @(
w.e.f. 31 st August, 2010) 2010-11 AED 14.36 1.65 87.29 71.28 - 32.69 3.53 - 3.53 -
` 174.29 20.07 1,059.40 865.03 - 405.54 43.76 - 43.76 -
2009-10 - - - - - - - - - -
8 Al Nakhla Crushers LLC, Fujairah @
(w.e.f. 6 th September, 2010) 2010-11 AED 0.20 (3.73) 3.87 7.39 - 0.65 (0.75) - (0.75) -
` 2.43 (45.23) 46.92 89.73 - 8.10 (9.34) - (9.34) -
2009-10 - - - - - - - - - -
9 Arabian Gulf Cement Company WLL, Bahrain @
(w.e.f. 27 th September, 2010) 2010-11 Bahrain Dirham 0.03 0.56 0.69 0.09 - 0.45 (0.09) - (0.09) -
` 3.57 67.24 81.88 11.07 - 55.09 (10.65) - (10.65) -
2009-10 - - - - - - - - - -
10 Emirates Cement Bangladesh Ltd, Bangladesh @
(w.e.f. 27 th August, 2010) 2010-11 Takka 158.93 (77.32) 178.12 96.51 - 136.81 (2.26) (10.79) 8.53 -
` 104.00 (50.59) 116.56 63.15 - 85.53 (1.41) (6.74) 5.33 -
2009-10 - - - - - - - - - -
11 Emirates Power Company Ltd, Bangladesh @
(w.e.f. 27 th August, 2010) 2010-11 Takka 27.00 (21.88) 30.99 25.87 - 9.03 (3.43) 5.13 (8.56) -
` 17.67 (14.32) 20.28 16.93 - 5.64 (2.14) 3.21 (5.35) -
2009-10 - - - - - - - - - -
@ Subsidiaries of UltraTech Cement Middle East Investments Ltd.
Note: For converting the figures given in foreign currency appearing in the accounts of the subsidiary companies into equivalent INR, following exchange rates are used for 1 INR.
Sr No Currency Balance Sheet Profit & Loss Account
(Closing Rate) (Average Rate)
2010-11 2009-10 2010-11 2009-10
1 Sri Lankan Rupee (SLR) 2.4756 2.5389 2.5074 2.4054
2 UAE Dirham (AED) 0.0824 0.0818 0.0806 -
3 Takka 1.5282 - 1.5996 -
4 Bahrain Dirham 0.0084 - 0.0082 -
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