Scheduleforming part of the Balance Sheet - Domain-b
Scheduleforming part of the Balance Sheet - Domain-b
Scheduleforming part of the Balance Sheet - Domain-b
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The Indian Hotels Company Limited<br />
120<br />
Consolidated <strong>Balance</strong> <strong>Sheet</strong> as at 31 st March, 2008<br />
Schedule Rupees Rupees<br />
Previous Year<br />
Rupees<br />
crores crores crores<br />
SOURCES OF FUNDS<br />
Shareholders’ Funds<br />
Share Capital 1 60.29 60.29<br />
Share Application Money 19.97 -<br />
Reserves and Surplus 2 2,188.83 2,036.33<br />
Total 2,269.09 2,096.62<br />
Minority Interest<br />
Loan Funds<br />
282.01 275.84<br />
Secured Loans 3 1,631.57 1,701.56<br />
Unsecured Loans 4 1,835.26 353.58<br />
Total 3,466.83 2,055.14<br />
Long Term Trade Deposits 23.63 15.28<br />
Deferred Tax Liabilities (Refer Note 7 (b), Page 137) 148.88 147.02<br />
APPLICATION OF FUNDS<br />
6,190.44 4,589.90<br />
Goodwill on consolidation 297.03 314.12<br />
Fixed Assets 5<br />
Gross Block 4,646.45 4,416.09<br />
Less : Depreciation 1,132.08 1,034.01<br />
Net Block 3,514.37 3,382.08<br />
Capital work-in-progress 435.17 174.53<br />
Investments 6 1,541.94 514.27<br />
Long Term Deposits for Hotel Properties 165.71 149.22<br />
Deferred Tax Assets (Refer Note 7 (c), Page 138) 0.35 0.42<br />
Current Assets, Loans and Advances 7<br />
Inventories 53.33 44.91<br />
Sundry Debtors 207.91 204.75<br />
Cash and Bank <strong>Balance</strong>s 257.60 177.15<br />
Loans and Advances 366.20 268.36<br />
885.04 695.17<br />
Less: Current Liabilities and Provisions 8<br />
Liabilities 572.24 458.95<br />
Provisions 86.08 193.70<br />
658.32 652.65<br />
Net Current Assets<br />
Miscellaneous Expenditure<br />
226.72 42.52<br />
(to <strong>the</strong> extent not adjusted or written <strong>of</strong>f) 9 9.15 12.74<br />
6,190.44 4,589.90<br />
The accompanying notes form an integral <strong>part</strong> <strong>of</strong> <strong>the</strong> <strong>Balance</strong> <strong>Sheet</strong> 12<br />
As per our report attached. For and on behalf <strong>of</strong> <strong>the</strong> Board<br />
For S. B. BILLIMORIA & CO. For N. M. RAIJI & CO. Raymond N. Bickson Managing Director<br />
Chartered Accountants Chartered Accountants<br />
Anil P. Goel Executive Director - Finance<br />
Nalin M. Shah Vinay D. Balse Abhijit Mukerji Executive Director - Hotel Operations<br />
Partner Partner<br />
Mumbai, 23 rd June, 2008
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