Chairman

More documents

Recommendations

Info

FINANCIAL STATEMENTS SCHNEIDER ELECTRIC INFRASTRUCTURE LIMITED 2NOTES TO FINANCIAL STATEMENT 9. Tangible assets Particulars Freehold Land Leasehold Land Buildings Plant and Equipments Furniture, and Fixtures Office Equipments Motor Vehicles Total Cost At April 1, 2011 - - - - - - - - Additions on Acquisition of Distribution Business (Refer Note : 26) Additions during the year 103.36 1.53 1,092.08 1,189.08 87.25 165.42 3.95 2,642.67 - - 56.18 170.17 3.65 29.16 1.56 260.72 Disposals - - 1.76 9.62 0.98 5.50 - 17.86 At March 31, 2012 103.36 1.53 1,146.50 1,349.63 89.92 189.08 5.51 2,885.53 At March 31, 2011 - - - - - - - Capital Work-inprogress 13.45 13.45 Depreciation At April 1, 2011 - - - - - - - - Additions on Acquisition of Distribution Business (Refer Note : 26) - 0.06 88.32 377.27 31.53 110.78 3.64 611.60 Charge for the year - - 44.44 121.86 13.60 34.66 0.45 215.01 Disposals - - 1.57 6.07 0.80 5.33 - 13.77 At March 31, 2012 - 0.06 131.19 493.06 44.33 140.11 4.09 812.84 At March 31, 2011 - - - - - - - Net Block At March 31, 2012 103.36 1.47 1,015.31 856.57 45.59 48.97 1.42 2,072.69 At March 31, 2011 - - - - - - - Note : The previous year figures have not been given as these are the first financials post demerger and the Company did not have any operations in the previous year. 10. Loans and advances (Rupees Millions) Non-Current Current March 31, 2012 March 31, 2011 March 31, 2012 March 31, 2011 Security deposit Unsecured, considered good 31.82 - 130.24 - 31.82 - 130.24 - Advances recoverable in cash or kind Unsecured, considered good 53.97 - 521.18 1.00 53.97 - 521.18 1.00 Other loans and advances (Unsecured, considered good) Prepaid expenses - - 24.51 - Balances with statutory / government authorities - - 322.78 - - - 347.29 - 85.79 - 998.71 1.00 76 | Schneider Electric Infrastructure Limited
FINANCIAL STATEMENTS SCHNEIDER ELECTRIC INFRASTRUCTURE LIMITED 2NOTES TO FINANCIAL STATEMENT 11. Trade receivables (Rupees Millions) Non-Current 15. Revenue from operations Current March 31, 2012 March 31, 2011 March 31, 2012 March 31, 2011 Unsecured, considered good, unless stated otherwise Unsecured, considered good Outstanding for a period exceeding six months from the date - - 1,781.00 - they are due for payment Others 719.75 - 4,644.89 - Unsecured, Considered Doubtful Outstanding for a period exceeding six months from the date 166.00 - - - they are due for payment Others 188.48 - - - 1,074.23 - 6,425.89 - Less: Provision for doubtful receivables (354.48) - - - 719.75 - 6,425.89 - 12. Other current assets (Unsecured, considered good) March 31, 2012 March 31, 2011 Unbilled Contract Revenue 116.90 - 116.90 - 13. Inventories March 31, 2012 March 31, 2011 Raw materials and components (refer note 17) (In transit Rs 116.64 Millions; Previous year - Nil) 775.87 - Work-in-progress (refer note 18) 617.18 - Project Work-in-progress (refer note 18) 44.18 - Finished goods (refer note 18) 415.04 - Stores and spares 0.34 - 1,852.61 - 14. Cash and Cash Equivalents March 31, 2012 March 31, 2011 Balances with banks: Cheques on hand 107.72 - 107.72 - March 31, 2012 March 31, 2011 Sale of finished goods 10,524.85 - Project revenue 3,879.67 - Service revenue - AMC Services 12.00 - Other operating revenue: Scrap sales 102.26 - Revenue from operations (gross) 14,518.78 - Less: Excise duty * 1,026.86 - Revenue from operations (net) 13,491.92 - * Excise duty on sales amounting to Rs. 1026.86 millions (31 March 2011: NIL) has been reduced from sales in profit & loss account and excise duty on increase/decrease in stock amounting to Rs. 13.08 millions (31 March 2011: NIL) has been considered as (income)/expense in Note 20 of financial statements. Details of finished goods sold Transformers 4,290.33 - Automation 738.33 - Switchgear 5,496.19 - 10,524.85 - Schneider Electric Infrastructure Limited | 77
Page 3 and 4:
MESSAGE FROM CHAIRMAN Message From
Page 5 and 6:
CORPORATE INFORMATION Corporate Inf
Page 7 and 8:
FINANCIAL HIGHLIGHTS Financial High
Page 9 and 10:
DIRECTORS’ REPORT Performance Rev
Page 11 and 12:
DIRECTORS’ REPORT 2. Equipment Ac
Page 13 and 14:
DIRECTORS’ REPORT Major Landmarks
Page 15 and 16:
DIRECTORS’ REPORT Smartcity Offer
Page 17 and 18:
DIRECTORS’ REPORT The main compon
Page 19 and 20:
DIRECTORS’ REPORT 5. Services Act
Page 21 and 22:
DIRECTORS’ REPORT business model
Page 23 and 24:
DIRECTORS’ REPORT 11. Customer Sa
Page 25 and 26:
DIRECTORS’ REPORT The Company’s
Page 27 and 28: DIRECTORS’ REPORT Schedule of Imp
Page 29 and 30: MANAGEMENT DISCUSSION AND ANALYSIS
Page 35 and 36: DIRECTORS’ REPORT 2. Board of Dir
Page 37 and 38: DIRECTORS’ REPORT A. Mr. Vinod Ku
Page 39 and 40: DIRECTORS’ REPORT E. Mr. Anil Cha
Page 41 and 42: DIRECTORS’ REPORT 7. Audit Commit
Page 43 and 44: DIRECTORS’ REPORT 10. Shareholder
Page 45 and 46: DIRECTORS’ REPORT 15. Unclaimed D
Page 47 and 48: DIRECTORS’ REPORT H. Stock Perfor
Page 49 and 50: DIRECTORS’ REPORT M. Dematerialis
Page 51: Declaration by the Managing Directo
Page 54 and 55: Highlights of 2011-12 1PARTNERSHIPS
Page 56 and 57: Highlights of 2011-12 1GOVERNANCE 3
Page 58 and 59: Highlights of 2011-12 1GLOBAL INFRA
Page 60 and 61: FINANCIAL STATEMENTS SCHNEIDER ELEC
Page 66 and 67: 2FINANCIAL STATEMENTS SCHNEIDER ELE
show all

Chairman

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

Delete template?

Save as template?