69
Notes on Accounts
6. LONG TERM PROVISIONS
As at
As at
31.03.2013
31.03.2012
`
in million
`
in million
Provision for Gratuity Obligation
As per last Balance Sheet
62.24
42.16
Additions during the year
25.08
20.08
Total
87.32
62.24
Refer Note No. 40 for detailed disclosure as per AS 15.
Loans Repayable On Demand
Working Capital Facilities
- From Banks (Secured)
1,225.78
1,038.00
Short Term Loans
- From Banks (Unsecured)
200.00
–
Total
1,425.78
1,038.00
7. SHORT-TERM BORROWINGS
Working Capital Facilities from Banks are secured by 1st charge on inventories and book debts and second charge on immovable and
movable assets of the Company ranking pari passu amongst the Banks and further guaranteed by the Managing Director of the Company.
Current maturities of long term debts
459.34
669.26
Interest accrued but not due on borrowings
0.39
–
Unpaid Dividends
5.79
4.65
Provision for expenses
123.33
134.65
Deposits Received
59.35
50.78
Advance from Customers
95.83
74.14
Statutory Dues Payable
221.87
177.70
TOTAL
965.90
1,111.18
9. OTHER CURRENT LIABILITIES
Provision for employee benefits
Unavailed leave
50.93
44.82
Others
Proposed Dividend
220.75
183.96
Provision for :
Income Taxes *
28.92
29.55
Tax on Dividend
35.81
29.84
TOTAL
336.41
288.17
10. SHORT TERM PROVISIONS
Trade Payables - Micro & Small Enterprises
149.16
104.34
- Others
1,409.82
1,573.78
1,558.98
1,678.12
8. TRADE PAYABLES
* Net of Income Tax Advances
`
422.25 million (P.Y.
`
290.45 million)
