Statement of Assets and Liabilities for last Five Years and Latest ...

More documents

Recommendations

Info

10. Expenditure in Foreign Currency (on payment basis)(Rs. in Lacs)Particulars 2009 - 10 2008 - 09a) Interest / Swap Cost on Foreign currencyborrowings (Net of Amount recovered on account ofIRS / IRC and from MoF)14671.35 13898.17b) Processing Agent / Fiscal Agent / Admn. fee 18.65 13.23c) Underwriting / Arranger fee 7555.12 851.46d) International Credit Rating Agencies Fees 57.35 42.46e) Others 70.98 37.4311.(a) The company has not taken on lease any Rolling Stock assets during the year. All theassets taken on lease were in the years prior to 01-04-2001, with aggregate value ofRs.157082 Lacs (ownership of the same vests with the lessors) stand sub-leased toMinistry of Railways. The company has paid future lease rental liability in full on allthe above leases as outlined below:Year ofLeaseNo. ofLeasesValue of assetstaken on lease(Rs. In Lacs)Amount paid insettlement of futurelease rentals(Rs. in Lacs)1999-00 6 102085 374923841355342000-01 2 54997 2942322302Total 8 157082 152899Year of payment2001-022002-032003-042001-022003-04The amount paid in settlement of future lease rentals as above, is being amortised inthe accounts over the remaining period of the leases. During the year, an amount ofRs.10340 Lacs (Previous Year Rs.18603 Lacs) has been charged to Profit & LossAccount on account of such amortisation.Since the entire future lease rental liability has been paid, there is no liability payablefor unexpired lease period (Previous Year-Rs. Nil).(b) During the year 1999 - 2000, the company entered into 6 lease agreements, with thefinancial institutions / banks as lessors, for a primary period of 10 years for anaggregate amount of Rs.102085 Lacs and sub-leased the same to MOR for a periodof 15 years. The company has paid upfront the future financial liability on all theseleases.Though, there is a mismatch in the tenor of the lease and sub-lease, there is nooverall mismatch in the present value of entire lease rentals payable and receivable.During the year, the company received lease rentals of Rs.14088 Lacs (P.Y. Rs.14088Lacs) and amortised (expensed) lease rentals of Rs.6456.04 Lacs (P.Y. Rs.15092.40Lacs) on these transactions.
12. The balances under some items of Loans & Advances and current liabilities aresubject to confirmation and reconciliation and consequential adjustments, whereverapplicable. However, in the opinion of the Management, the realisable value of thecurrent assets, loans and advances in the ordinary course of business will not be lessthan the value at which they are stated in the Balance Sheet.13. (a) The company discharges its obligation towards payment of interest andredemption of bonds, for which warrants are issued, by depositing the amount inthe designated bank accounts. Reconciliation of such accounts is an ongoingprocess and has been completed upto 31-12-2009. The company does notforesee any additional liability on this account. The total balance held in suchspecified bank accounts as on 31-03-2010 is Rs.736.57 Lacs (Previous Year1153.68 Lacs).(b) The Company is required to transfer any amount remaining unclaimed and unpaidin such interest and redemption accounts after the completion of 7 years toInvestor Education Protection Fund (IEPF) administered by the Ministry ofCorporate Affairs, Government of India. Accordingly, during the year, theCompany deposited a sum of Rs. 31.15 Lacs (P.Y. Rs.412.76 Lacs) in IEPF.14. During the year, the Company executed an Asset Securitisation Transaction bysecuritising an identified portion of future lease rentals of Rs.78715.44 Lacsoriginating on its assets leased to Ministry of Railways during the year 1998 - 99. Aspart of the securitisation transaction, future lease rental amount as mentioned abovewas transferred to a bankruptcy remote Special Purpose Vehicle (SPV) which, inturn, issued Pass Through Certificates (PTCs) to the prospective investors andrealised a sum of Rs.50011.03 Lacs. The lease receivables have been derecognisedin the books of account of the company. The book value of these future leasereceivables was Rs.48180.81 Lacs, resulting in a profit of Rs.1830.22 Lacs for theCompany which as per RBI guidelines, is to be amortised over the life of the PassTrough Certificates (PTCs) issued by the SPV. Out of the profit of Rs.1830.22 Lacs, asum of Rs.202.34 Lacs pertaining to the current year has been recognised in theProfit and Loss Account, leaving a balance of Rs.1627.88 Lacs as on 31.3.2010 to berecognised over the remaining life of the PTCs.Out of the unrecognised gain of Rs.6431.02 Lacs in respect of the Securitisationtransactions executed during the previous year, a sum of Rs.3696.38 Lacs has beenrecognised during the current year, leaving a balance of Rs.2734.64 Lacs as on31.3.2010 to be recognised over the remaining life of the PTCs.15. Major components of net deferred tax liability are as under:(Rs. in Lacs)As at31-03-2010As at31-03-2009Liability on account of difference between WDVas per Income Tax Act and Companies Act.494754 463774Less: Deferred Tax Asset on account ofUnabsorbed DepreciationLess: Deferred Tax Asset on Misc. Expenditureto be written off248048 2381054 5
Page 1 and 2:
Statement of Assets and Liabilities
Page 3 and 4:
CASH FLOW STATEMENTAnnexure - III(
Page 5 and 6:
2. Reserves and Surplus( in Lakhs)P
Page 7 and 8:
3.1.1 Maturity profile and Rate of
Page 9 and 10:
65th "J" Taxable Non‐Cum. Bonds 8
Page 11 and 12:
starting from 27‐07‐201416th "O
Page 13 and 14:
HDFC Bank Ltd. 8.44%, Fixed 1‐Apr
Page 15 and 16:
Syndicated Foreign Currency Loan‐
Page 17 and 18:
As at30‐09‐2012As at31‐03‐2
Page 19 and 20:
Total FixedAssets 1,721.57 1,707.80
Page 21 and 22:
Balance in Franking Machine 0.34 0.
Page 23 and 24:
18. Other IncomeTotal 268780.41 464
Page 25 and 26:
Office Maintenance Expenses 20.25 3
Page 27 and 28:
Significant Accounting policies and
Page 29 and 30:
y the Reserve Bank of India vide th
Page 31 and 32:
(f) (i) Interest rate variation on
Page 33 and 34:
1 JPY 3 Billion 37.04 Million 1 JPY
Page 35 and 36: 11.a. The Company has not taken on
Page 37 and 38: Gross Investment in Lease and Prese
Page 39 and 40: the year plan assetsTotal Gain / (L
Page 41 and 42: *The above provisions are liabiliti
Page 43 and 44: A. Significant Accounting PoliciesF
Page 45 and 46: Further, in terms of Draft Guidelin
Page 47 and 48: (P.Y. Rs. 4590 Lakhs). After adjust
Page 49 and 50: No. ofContractsAs at 31-03-2012 As
Page 51 and 52: 10. Expenditure in Foreign Currency
Page 53 and 54: E. Less Capital Recovery provided u
Page 55 and 56: Changes in the Fair Value of Plan A
Page 57 and 58: Actuarial Assumptions:AssumptionsGr
Page 59 and 60: amortised over the balance tenor of
Page 61 and 62: ) Recognition at the end of Account
Page 63 and 64: Deferred tax expense or benefit is
Page 65 and 66: Finance has exempted the Lease Agre
Page 67 and 68: The foreign currency borrowings out
Page 69 and 70: 10. Expenditure in Foreign Currency
Page 71 and 72: 15. Major components of net deferre
Page 73 and 74: Current Service Cost 3.05 1.63 1.02
Page 75 and 76: Actuarial Assumptions:As on 31-03-2
Page 77 and 78: portion of the future savings in th
Page 81 and 82: 10) Employee BenefitsEmployee Benef
Page 83 and 84: 5. Decrease in liability due to exc
Page 85: 7. Office Building including parkin
Page 89 and 90: Unearned Finance Income 2009322 171
Page 91 and 92: the yearActualReturn onplan assets1
Page 93 and 94: Statementof Profit &LossActuarial A
Page 95 and 96: amortised over the balance tenor of
Page 99 and 100: 10) Employee BenefitsEmployee Benef
Page 101 and 102: amortisation in future, of the amou
Page 103 and 104: As part of hedging strategy, the Co
Page 105 and 106: Since the entire future lease renta
Page 107 and 108: assets assigned during the yearF. C
Page 109 and 110: Benefits Paid - -Fair Value of Plan
Page 111 and 112: value Rs. 1,000/- eachc) Earning Pe
Page 113 and 114: Financial Year 2007-08A. Significan
Page 115 and 116: and are capable of reversal in one
Page 117 and 118: ForeignCurrency1 JPY 2.65 Billion U
Page 119 and 120: Govt. may from time to time specify
Page 121 and 122: previous Financial YearB. Less valu
Page 123 and 124: 22. Payment to auditors include Rs.
Page 125 and 126: Annexure - VIIStatement of Dividend
Page 127 and 128: Annexure - IXRelated Party Transact
Page 129 and 130: Annexure - XICapitalisation Stateme
Page 131 and 132: ------ ----~---------~-- ---~------
Page 133 and 134: '-. ,,, I__ , __ , _____ ~-~---..
Page 135 and 136: Credit Rating Report 1Indian Railwa
Page 137 and 138:
Given IRFC's modest accruals to net
Page 139 and 140:
Credit Strengths.. Strong ownership
Page 141 and 142:
CREDIT PERSPECTIVEDependence on MOR
Page 143 and 144:
Asset quality profile favourableGiv
Page 145 and 146:
ANNEXURE 1: RATING DETAILSInstrumen
Page 147 and 148:
ICRA Credit PerspectiveIndian Railw
Page 149 and 150:
·PROFIT: & .LOSS ACCOUNT_t'lo of O
Page 151 and 152:
This is a system generated report a
Page 153 and 154:
Page 155 and 156:
Sub : Trade statistics of IRFC N1 f
Page 157 and 158:
Page 159 and 160:
Page 161 and 162:
Sub : Trade statistics of IRFC N2 f
Page 163 and 164:
SCRIP CODE TRADE DATE ABBREVIATEDNA
Page 165 and 166:
Page 167 and 168:
Page 169 and 170:
Page 171 and 172:
Ref. No. :NSE/LIST/2012Date :Decemb
Page 173 and 174:
Sub : Trade Statistics Report from
Page 175 and 176:
Page 177 and 178:
Page 179 and 180:
Page 181 and 182:
Page 183 and 184:
Page 185 and 186:
Page 187 and 188:
Page 189 and 190:
Page 191 and 192:
Page 193 and 194:
Page 195 and 196:
Page 197 and 198:
Page 199 and 200:
Page 201 and 202:
Page 203 and 204:
Page 205 and 206:
Page 207 and 208:
Page 209 and 210:
Page 211 and 212:
Page 213 and 214:
Page 215 and 216:
Page 217 and 218:
Page 219 and 220:
Page 221 and 222:
Page 223 and 224:
Page 225 and 226:
ANNXEUREIVCONSENT OF DEBENTURE TRUS
Page 227:
:,::O.F:.:iINi):nlA··' :.,: ." ":
show all

Statement of Assets and Liabilities for last Five Years and Latest ...

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?