Good Health Can’t Wait.

Good Health Can’t Wait.
Dr. Reddy’s Laboratories Limited
EXTRACT OF IFRS CONSOLIDATED FINANCIAL STATEMENTS
We have adopted IFRS as issued by International Accounting Standards Board (IASB) for preparing our financial statements for the purpose of filings with
SEC. We have furnished all our interim financial reports of fiscal 2015 with SEC which were prepared under IFRS. The Annual Report in Form 20-F, when
filed with the SEC, will also be made available at the Company’s website. A hard copy of such Annual Report in Form 20-F will be made available to the
shareholders, free of charge, upon request. For details visit www.drreddys.com.
The extract of the consolidated financial statements prepared under IFRS has been provided here under.
CONSOLIDATED STATEMENT OF FINANCIAL POSITION
PARTICULARS
ALL AMOUNTS IN INDIAN RUPEES MILLIONS, EXCEPT SHARE DATA AND PER SHARE DATA
AS OF 31 MARCH
2015
AS OF 31 MARCH
2014
ASSETS
Current assets
Cash and cash equivalents 5,394 8,451
Other investments 34,259 25,083
Trade and other receivables 40,755 33,037
Inventories 25,529 23,992
Derivative financial instruments 800 554
Current tax assets 1,819 1,298
Other current assets 11,282 11,332
Total current assets 119,838 103,747
Non-current assets
Property, plant and equipment 48,090 44,424
Goodwill 3,380 3,428
Other intangible assets 13,050 11,269
Investment in equity accounted investees 1,033 806
Other investments – non-current 2,817 0
Deferred tax assets 5,792 6,054
Other non-current assets 762 495
Total non-current assets 74,924 66,476
Total assets 194,762 170,223
LIABILITIES AND EQUITY
Current liabilities
Trade and other payables 10,660 10,503
Derivative financial instruments 462 305
Current tax liabilities 2,506 1,192
Short-term borrowings 21,857 20,607
Long-term borrowings, current portion 6,962 3,395
Provisions 4,231 2,819
Other current liabilities 17,317 15,242
Total current liabilities 63,995 54,063
Non-current liabilities
Long-term borrowings, excluding current portion 14,307 20,740
Provisions – non-current 53 92
Deferred tax liabilities 1,779 2,744
Other non-current liabilities 3,326 1,783
Total non-current liabilities 19,465 25,359
Total liabilities 83,460 79,422
Equity
Share capital 852 851
Equity shares held by controlled trust - (5)
Share premium 22,178 21,553
Share based payment reserve 1,081 1,008
Retained earnings 83,643 65,051
Other components of equity 3,548 2,343
Total equity 111,302 90,801
Total liabilities and equity 194,762 170,223
222