CONTENTS Proxy Form 65

Schedules forming part of Balance Sheet as at 31st March, 2008As at31st March, 2008As at31st March, 2007Rs. in Crores Rs. in Crores Rs. in Crores Rs. in CroresSchedule 10Cash and Bank BalancesCash and Cheques on Hand 0.13 0.07Balances with Scheduled Banks (Refer Note 29 of Schedule 23)on Current Accounts 101.35 42.35on Margin Deposit Accounts 1.04 9.37on Term Deposit Accounts 296.03 380.26398.42 431.98Balances with other than scheduled banks-RZB Australia Singapore [Maximum Balance outstanding is Rs. 3.05 Crores(Previous Year Rs. 3.69 Crores.)]0.94 0.81399.49 432.86Schedule 11Loans and Advances(Unsecured, Considered Good unless otherwise stated)Loans & Advances to Subsidiaries & Associates 6.22 46.17Advances recoverable in cash or in kind or for value to be received (Refer note12 and 28(ii) of schedule 23)Considered Good 534.54 571.45Considered Doubtful 7.96 12.08542.50 583.53Less: Provision for Doubtful Advances 7.96 12.08534.54 571.45Intercorporate Deposits 8.00 -Export Incentive Receivable 89.73 245.96Balances with excise and customs 268.56 71.56Deposit othersConsidered Good 155.63 149.28Considered Doubtful 0.08 0.08155.71 149.36Less: Provision for Doubtful Deposits 0.08 0.08155.63 149.281,062.68 1,084.42Schedule 12LiabilitiesAcceptancesfor Capital Expenditure 335.92 359.21for Goods and Expenses 971.91 777.061,307.83 1,136.27Sundry CreditorsMSMED / Small Scale Industrial Undertakings (Refer Note 26 of Schedule 23)for Capital Expenditure — 0.67for Goods and Expenses — 3.22— 3.89Others (Refer Note 26 of Schedule 23)for Capital Expenditure 141.77 92.36for Goods and Expenses 922.53 1,470.281,064.30 1,562.641,064.30 1,566.53Advance from Subsidiary Companies 464.13 112.94Advance from Customers 131.05 282.88Interest accrued but not due 17.38 19.92Other Liabilities 256.20 334.733,240.89 3,453.27Schedule 13ProvisionsProvision for Leave Encashment and Others 11.04 7.83Provision for Gratuity (Refer Note 8 (i) of Schedule 23) 3.45 6.81Provision for Tax [Net of Tax paid / deducted at source Rs. 145.82 Crores(Previous Year Rs. 67.62 Crores)] 50.90 1.19Provision for Fringe Benefit Tax [Net of Advance Tax Paid Rs. 5.58 Crores(Previous Year Rs. 5.93 Crores)] 0.50 —Provision for Derivative Contracts 39.30 —Provision for Indirect Tax Matter (Refer Note 30 of Schedule 23) 19.73 19.73Provision for other matters (Refer Note 30 of Schedule 23) 11.40 —136.32 35.5619