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 THE CONSOLIDATED FINANCIAL STATEMENTS<br />
(All amounts in Indian Rupees millions, except share data and where otherwise stated)<br />
2.8: NON CURRENT INVESTMENTS<br />
PARTICULARS<br />
AS AT<br />
31 MARCH 2015<br />
AS AT<br />
31 MARCH 2014<br />
Non current investments at cost<br />
I. Quoted Investments<br />
Equity shares (fully paid-up)<br />
120,000 (previous year: 12,000) equity shares of ` 1/- (previous year: ` 10/-) each in State Bank<br />
of India (a)<br />
3 3<br />
17,120,131 (previous year: Nil) equity shares of USD 0.01/- each in Curis, Inc. (refer note 2.42) 1,452 -<br />
Total quoted non current investments ( I ) 1,455 3<br />
II. Unquoted investments<br />
Trade<br />
In other companies<br />
Equity shares (fully paid-up)<br />
Ordinary shares of Biomed Russia Limited, Russia (c) 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 (b)<br />
- -<br />
71 71<br />
Less: Provision for decline, other than temporary, in the value of long term investments (70) (70)<br />
Total unquoted non current investments, net (II) 1 1<br />
Total (I + II) 1,456 4<br />
Aggregate amount of quoted investments 1,455 3<br />
Aggregate amount of unquoted investments 71 71<br />
Aggregate provision for diminution in value of investments 70 70<br />
Market value of quoted investments 2,586 23<br />
(a) In respect of shares in 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) Rounded off in millions in the note above.<br />
(c) Shares held in Biomed Russia Limited, Russia are not denominated in number of shares as per the laws of the country.<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 />
Advance income tax, net of provision 1,991 1,603<br />
Capital advances for purchase of fixed assets 837 279<br />
Security deposits 536 440<br />
MAT Credit entitlement 644 -<br />
Others 173 -<br />
4,181 2,322<br />
186
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