Good Health Can’t Wait.
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<strong>Good</strong> <strong>Health</strong> <strong>Can’t</strong> <strong>Wait</strong>.<br />
Dr. Reddy’s Laboratories Limited<br />
NOTES TO FINANCIAL STATEMENTS<br />
(All amounts in Indian Rupees millions, except share data and where otherwise stated)<br />
2.8: NON CURRENT INVESTMENTS (CONTINUED)<br />
PARTICULARS<br />
AS AT<br />
31 MARCH 2015<br />
AS AT<br />
31 MARCH 2014<br />
Unquoted trade investments (continued)<br />
In other companies<br />
Equity shares (fully paid-up)<br />
Ordinary shares of Biomed Russia Limited, Russia (b) 66 66<br />
200,000 (previous year: 200,000) ordinary shares of ` 10/- each of Altek Engineering Limited,<br />
India<br />
2 2<br />
8,859 (previous year: 8,859) equity shares of ` 100/- each of Jeedimetla Effluent Treatment<br />
Limited, India<br />
1 1<br />
24,000 (previous year: 24,000) equity shares of ` 100/- each of Progressive Effluent Treatment<br />
Limited, India<br />
2 2<br />
20,250 (previous year: 20,250) equity shares of ` 10/- each of Shivalik Solid Waste Management<br />
Limited, India (c)<br />
- -<br />
71 71<br />
Less: Provision for decline, other than temporary, in the value of non current investments (70) (70)<br />
Total unquoted trade investments in equity shares of other companies, net (C) 1 1<br />
Total unquoted non current investments ( II ) (A+B+C) 17,598 17,398<br />
Total (I + II) 17,601 17,401<br />
Aggregate amount of quoted investments 3 3<br />
Aggregate amount of unquoted investments 18,868 18,668<br />
Aggregate provision for diminution in value of investments 1,270 1,270<br />
Market value of quoted investments 32 23<br />
(a) In respect of shares of State Bank of India, the share certificates were misplaced during transfer/lost in transit. The Company has initiated necessary<br />
legal action at the appropriate courts.<br />
(b) Shares held in Kunshan Rotam Reddy Pharmaceutical Co. Limited, China and Biomed Russia Limited, Russia are not denominated in number of shares<br />
as per the laws of the respective countries.<br />
(c) Rounded off in millions in the note above.<br />
2.9: LONG TERM LOANS AND ADVANCES<br />
PARTICULARS<br />
AS AT<br />
31 MARCH 2015<br />
AS AT<br />
31 MARCH 2014<br />
Unsecured<br />
Considered good<br />
Loans and advances to wholly owned subsidiaries (a) 2,283 3,990<br />
Advance income tax (net of provisions ` 26,557; previous year: ` 22,146) 1,576 903<br />
MAT credit entitlement 644 -<br />
Capital advances for purchase of fixed assets 610 67<br />
Security deposits 418 391<br />
Other advances 7 7<br />
Considered doubtful<br />
Loans and advances to wholly owned subsidiaries (a) 1,059 866<br />
Others 8 8<br />
6,605 6,232<br />
Less: Provision for doubtful loans and advances (Refer Note 2.36) (1,067) (874)<br />
5,538 5,358<br />
130