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HT Media Limited
1. Overdraft facility from Deutsche Bank is secured by way of pledge on the Company’s investment in the Mutual Fund Units of
FMPs (Kotak FMP Series 58, L&T FMP IV, Tata FMP 38A, BSL FMP Series DP, HDFC FMP 24M Sep, ICICI Pru FMP Series 58,
Reliance FMP XIX Series 20, Reliance FMP XX Series 31, IDFC FMP 2yS1, Reliance FMP XX Series 32, Reliance FMP XX Series
33, Tata FMP 38B, ICICI Pru FMP Series 57, IDFC FMP 3ys5, DWS FMP Series 91, Kotak FMP Series 55)
2. Buyer’s credit from BNP Paribas is secured by way of first pari passu charge over all moveable assets such as raw materials, stockin-process,
finished goods lying at various factories, godowns, warehouses, etc, wherever situated or in transit, both present or
future and book debts of the Company and all book debts, outstanding monies, receivables, claims, bills which are due and which
may at any time during the continuance of this security become due by any person, firm, company or body corporate.
3. Buyer’s credit from Royal Bank of Scotland is secured by way of first pari-passu charge over current asstes with other banks in
multiple banking arrangements of the Company.
10. OTHER CURRENT LIABILITIES
Particulars As at
31 March, 2012
(` in lacs)
As at
31 March, 2011
Trade payable (Refer note 43 for details of dues to micro and small enterprises)#
Other liabilities
23,371.86 19,578.06
Current maturities of long term borrowings 4,122.93 1,500.00
Interest accrued but not due on borrowings and others 354.63 423.08
Book overdraft 745.77 -
Payable to subsidiaries/companies under the same management 1,022.04 1,266.40
Customers and agents balances 1,078.09 1,216.10
Advance from customers 12,907.38 16,047.14
Outstanding dues of other creditors 703.99 375.06
Unclaimed dividend* 1.76 2.07
Sundry deposits 1,112.43 2,941.77
Statutory dues 708.42 669.52
22,757.44 24,441.14
TOTAL 46,129.30 44,019.20
#Included in Trade payables above: Due to Holding Company (Refer note 39)
*Amount payable to Investor Education and Protection Fund `Nil (Previous Year `Nil)
120.35 33.78
11. SHORT TERM PROVISIONS
Particulars As at
31 March, 2012
(` in lacs)
As at
31 March, 2011
Provision for employee benefits
Provision for gratuity (Refer note 37) 215.04 174.81
Provision for Leave encashment 407.77 404.71
Others
Provision for taxation*# - 2,459.59
Proposed dividend 940.08 846.08
Tax on proposed dividend 152.51 137.25
TOTAL 1,715.40 4,022.44
* (net of advance tax `Nil (Previous year `5261.50 lacs)
# (net of MAT Credit utilised `Nil (Previous year `268.16 lacs)
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