Notes on the consolidated financial statements
(
`
in crores)
As at
31 March 2016
As at
31 March 2015
Deferred Tax Liability
On Depreciation on fixed assets
94.68
81.80
Deferred Tax Assets
On disallowances under Income Tax Act
3.07
2.71
91.61
79.09
NOTE : refer Note 37 for details of movements
5. DEFERRED TAX LIABILITY (NET)
(
`
in crores)
As at
31 March 2016
As at
31 March 2015
Provision for employee benefits
Gratuity
9.56
10.27
Total
9.56
10.27
Refer Note No. 32 for detailed disclosure as per AS 15.
6. LONG TERM PROVISIONS
(
`
in crores)
As at
31 March 2016
As at
31 March 2015
Creditors for Capital Assets
4.26
0.00
Total
4.26
0.00
7. OTHER LONG TERM LIABILITIES
(
`
in crores)
As at
31 March 2016
As at
31 March 2015
Trade Payables - Micro & Small Enterprises
10.40
14.30
- Others
270.02
227.54
280.42
241.84
NOTE : Refer Note 40 for disclosures under MSMED Act, 2006
9. TRADE PAYABLES
(
`
in crores)
As at
31 March 2016
As at
31 March 2015
RUPEE LOANS REPAYABLE ON DEMAND
From Banks
Working Capital Facilities- Secured
110.36
100.12
Short Term Loans- Unsecured
0.00
25.51
Total
110.36
125.63
8. SHORT-TERM BORROWINGS
NOTES :
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.
The rate of interest is variable and is linked to the base rate. There is no default in repayment of principle and payment of interest of
aforesaid loans.
143
Annual Report 2015-16
