Scheduleforming part of the Balance Sheet - Domain-b
Scheduleforming part of the Balance Sheet - Domain-b
Scheduleforming part of the Balance Sheet - Domain-b
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
The Indian Hotels Company Limited<br />
72<br />
<strong>Balance</strong> <strong>Sheet</strong> as at 31st 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 (Refer Note 2, Page 93) 19.97 -<br />
Reserves and Surplus 2 1,956.29 1,738.39<br />
Total<br />
Loan Funds<br />
2,036.55 1,798.68<br />
Secured Loans 3 755.58 774.36<br />
Unsecured Loans 4 378.60 167.54<br />
Total 1,134.18 941.90<br />
Long Term Trade Deposits 23.63 15.28<br />
Deferred Tax Liability (Refer Note 4 (b), Page 94) 137.86 135.40<br />
APPLICATION OF FUNDS<br />
3,332.22 2,891.26<br />
Fixed Assets 5<br />
Gross Block 2,072.16 2014.29<br />
Less : Depreciation 700.56 654.24<br />
Net Block 1,371.60 1360.05<br />
Capital work-in-progress 265.45 111.52<br />
Investments 6 977.58 962.81<br />
Long Term Deposits 7 585.55 403.90<br />
Current Assets, Loans and Advances 8<br />
Inventories 32.85 29.02<br />
Sundry Debtors 138.41 127.20<br />
Cash & Bank <strong>Balance</strong>s 74.43 67.75<br />
Loans & Advances 332.77 275.92<br />
578.46 499.89<br />
Less: Current Liabilities and Provisions 9<br />
Liabilities 401.14 291.54<br />
Provisions 46.73 156.75<br />
447.87 448.29<br />
Net Current Assets 130.59 51.60<br />
Miscellaneous Expenditure (to <strong>the</strong> extent not adjusted or written <strong>of</strong>f) 10 1.45 1.38<br />
3,332.22 2891.26<br />
The accompanying notes form an integral <strong>part</strong> <strong>of</strong> <strong>the</strong> <strong>Balance</strong> <strong>Sheet</strong> 13 / 14<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. R. N. TATA Chairman<br />
Chartered Accountants Chartered Accountants R. K. KRISHNA KUMAR Vice - Chairman<br />
RAYMOND N. BICKSON Managing Director<br />
Nalin M. Shah Vinay D. Balse<br />
Partner Partner<br />
ANIL P. GOEL Executive Director - Finance<br />
ABHIJIT MUKERJI Executive Director - Hotel Operations<br />
N.A.SOONAWALA<br />
S. K. KANDHARI<br />
K. B. DADISETH<br />
JAGDISH CAPOOR<br />
SHAPOOR MISTRY }<br />
Directors<br />
Mumbai, June 23 rd , 2008 SANKER PARAMESWARAN Vice President - Legal &<br />
Company Secretary
Change language