MIRA INFORM REPORT

 

 

Report No. :

306688

Report Date :

05.02.2015

 

IDENTIFICATION DETAILS

 

Name :

ABB INDIA LIMITED (w.e.f. 14.06.2013)

 

 

Formerly known as :

ABB LIMITED

 

 

Registered Office :

21st Floor, World Trade Center,Brigade Gateway, No.26/1, Dr. Rajkumar Road, Malleshwaram West, Bangalore – 560055, Karnataka

 

 

Country :

India

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

24.12.1949

 

 

Com. Reg. No.:

08-032923

 

 

Capital Investment / Paid-up Capital :

Rs.423.800 Millions

 

 

CIN No.:

[Company Identification No.]

L32202KA1949PLC032923

 

 

IEC No.:

Not Available

 

 

TAN No.:

[Tax Deduction & Collection Account No.]

MUMA19181B

 

 

PAN No.:

[Permanent Account No.]

AAACA3834B

 

 

Legal Form :

A Public Limited Liability Company. The Company’s Shares are Listed on the Stock Exchanges.

 

 

Line of Business :

Manufacturing of Instrument and Electric Motor. 

 

 

No. of Employees :

Not Available

 

 

RATING & COMMENTS

 

MIRA’s Rating :

Aa (75)

 

RATING

STATUS

PROPOSED CREDIT LINE

71-85

Aa

Possesses adequate working capital. No caution needed for credit transaction. It has above average (strong) capability for payment of interest and principal sums

Large

 

Status :

Good

 

 

Payment Behaviour :

Regular

 

 

Litigation :

Exist

 

 

Comments :

Subject is a well-established company having fine track record.

 

The rating reflects company’s established market position in the power and automation technology segment marked by healthy financial risk, adequate liquidity position and decent capital structure of the company.

 

Trade relations are reported as fair. Business is active. Payments are reported to be regular and as per commitments.

 

The company can be considered good for normal business dealings at usual trade terms and conditions.

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – December 31, 2014

 

Country Name

Previous Rating

(30.09.2014)

Current Rating

(31.12.2014)

India

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

EXTERNAL AGENCY RATING

 

Rating Agency Name

CRISIL

Rating

Long-term rating AAA

Rating Explanation

Highest degree of safety. It carry lowest credit risk.

Date

01.07.2014

 

Rating Agency Name

CRISIL

Rating

Short-term rating A1+

Rating Explanation

Very strong degree of safety. It carry lowest credit risk.

Date

01.07.2014

 

 

RBI DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available RBI Defaulters’ list.

 

 

EPF (Employee Provident Fund) DEFAULTERS’ LIST STATUS

 

Subject’s name is not enlisted as a defaulter in the publicly available EPF (Employee Provident Fund) Defaulters’ list as of 31-03-2014.

 

 

LOCATIONS

 

Registered Office :

21st Floor, World Trade Center,Brigade Gateway, No.26/1, Dr. Rajkumar Road, Malleshwaram West, Bangalore – 560055, Karnataka, India

Tel. No.:

91-80-22949150/ 54

Fax No.:

91-80-22949148

E-Mail :

ashay.khandwala@in.abb.com

b.gururaj@in.abb.com 

investor.helpdesk@in.abb.com

Website :

http://www.abb.co.in

 

 

Corporate Office :

2nd Floor, East Wing Khanija Bhawan, 49, Race Course Road, Bangalore – 560001, Karnataka, India

 

 

Marketing Office:

ABB House, Dr. S B Path, Old Goa Street, Ballard Estate, Mumbai – 400025, Maharashtra, India

Tel No.:

91-22-66159800

 

 

Factory 1 :

32, Industrial Area, NIT, Faridabad-121001, Haryana, India

Tel No.:

91-129-2448100

 

 

Factory 2 :

Menaja Village, Vadodara - 390013, Gujarat, India

 

 

Factory 3 :

485/6,14th Cross, 4th Phase, Peenya Industrial Area, Bangalore – 560058, Karnataka, India

Tel. No.:

91-80 2294 9449

 

 

Factory 4 :

Plot No.79, Street No.17, MIDC Satpur, Nashik – 422007, Maharashtra, India

 

 

Factory 5 :

A1 and A2, III Stage, Peenya Industrial Area, Bangalore – 560058, Karnataka, India

 

 

Factory 6 :

88/3 – 88/6, Basavanahalli Village, Kasaba, Bangalore North, Nelamangala – 562123, Karnataka, India

 

 

Factory 7 :

AP LV Control Products, Plot No 5&6, 2nd Phase-Peenya Industrial Area  Bangalore – 560048, Karnataka, India

 

 

Factory 8 :

Also Located At:

 

  • Haridwar
  • Mumbai
  • Mysore

 

 

DIRECTORS

 

As on 31.12.2013

 

Name :

Mr. Gary Steel

Designation :

Chairman

 

 

Name :

Mr. Bazmi R. Husain

Designation :

Managing Director

 

 

Name :

Mr. N. S. Raghavan

Designation :

Director

 

 

Name :

Mr. Nasser Munjee

Designation :

Director

 

 

Name :

Mr. Darius E Udwadia

Designation :

Director

 

 

Name :

Mr. Arun Kanti Dasgupta

Designation :

Director

 

 

Name :

Mr. Peter Leupp

Designation :

Director

 

 

Name :

Mr. Francis Duggan

Designation :

Director

 

 

Name :

Mr. Renu Sud Karnad

Designation :

Director

 

 

KEY EXECUTIVES

 

Name :

Mr. B. Gururaj

Designation :

Company Secretary

 

 

Audit Committee
  • Nasser Munjee, Chairman of the Committee
  • Darius E. Udwadia
  • Peter Leupp
  • Renu Sud Karnad

 

 

Shareholders’ / Investors’ Grievance Committee
  • Darius E. Udwadia, Chairman of the Committee
  • Bazmi R. Husain
  • Renu Sud Karnad

 

 

MAJOR SHAREHOLDERS / SHAREHOLDING PATTERN

 

AS ON 31.12.2014

 

Category of Shareholder

No. of Shares

% of Holdings

(A) Shareholding of Promoter and Promoter Group

http://www.bseindia.com/include/images/clear.gif(1) Indian

 

 

http://www.bseindia.com/include/images/clear.gif(2) Foreign

 

 

http://www.bseindia.com/include/images/clear.gifBodies Corporate

158931281

75.00

http://www.bseindia.com/include/images/clear.gifSub Total

158931281

75.00

Total shareholding of Promoter and Promoter Group (A)

158931281

75.00

(B) Public Shareholding

http://www.bseindia.com/include/images/clear.gif(1) Institutions

http://www.bseindia.com/include/images/clear.gifMutual Funds / UTI

3817816

1.80

http://www.bseindia.com/include/images/clear.gifFinancial Institutions / Banks

22103298

10.43

http://www.bseindia.com/include/images/clear.gifForeign Institutional Investors

10167513

4.80

http://www.bseindia.com/include/images/clear.gifSub Total

36088627

17.03

http://www.bseindia.com/include/images/clear.gif(2) Non-Institutions

http://www.bseindia.com/include/images/clear.gifBodies Corporate

1147445

0.54

http://www.bseindia.com/include/images/clear.gifIndividuals

http://www.bseindia.com/include/images/clear.gifIndividual shareholders holding nominal share capital up to Rs. 1 lakh

15176310

7.16

http://www.bseindia.com/include/images/clear.gifIndividual shareholders holding nominal share capital in excess of Rs. 1 lakh

190720

0.09

http://www.bseindia.com/include/images/clear.gifAny Others (Specify)

373992

0.18

http://www.bseindia.com/include/images/clear.gifNon Resident Indians

295996

0.14

http://www.bseindia.com/include/images/clear.gifTrusts

9599

0.00

http://www.bseindia.com/include/images/clear.gifClearing Members

64897

0.03

http://www.bseindia.com/include/images/clear.gifDirectors & their Relatives & Friends

3500

0.00

http://www.bseindia.com/include/images/clear.gifSub Total

16888467

7.97

Total Public shareholding (B)

52977094

25.00

Total (A)+(B)

211908375

100.00

(C) Shares held by Custodians and against which Depository Receipts have been issued

 

 

http://www.bseindia.com/include/images/clear.gif(1) Promoter and Promoter Group

0

0.00

http://www.bseindia.com/include/images/clear.gif(2) Public

0

0.00

http://www.bseindia.com/include/images/clear.gifSub Total

0

0.00

Total (A)+(B)+(C)

211908375

100.00

 

 

 

BUSINESS DETAILS

 

Line of Business :

Manufacturing of Instrument and Electric Motor.

 

 

Products :

Instrument and Electric Motor

 

 

Brand Names :

Not Available

 

 

Agencies Held :

Not Available

 

 

Exports :

Not Available

 

 

Imports :

Not Available

 

 

Terms :

 

Selling :

Not Available

 

 

Purchasing :

Not Available

 

 

GENERAL INFORMATION

 

Suppliers :

Reference :

Not Available

Name of the Person :

Not Available

Contact No.:

Not Available

Since How Long Known :

Not Available

Experience :

Not Available

Maximum Limit Dealt :

Not Available

 

 

Customers :

Reference :

Not Available

Name of the Person :

Not Available

Contact No.:

Not Available

Since How Long Known :

Not Available

Experience :

Not Available

Maximum Limit Dealt :

Not Available

 

 

No. of Employees :

Not Available

 

 

Bankers :
  • AXIS Bank Limited
  • Bank of America, N.A.
  • Barclays PLC
  • Canara Bank
  • Deutsche Bank AG
  • HDFC Bank Limited
  • ICICI Bank Limited
  • IDBI Bank Limited
  • JP Morgan Chase Bank, N.A.
  • State Bank of India
  • Standard Chartered Bank
  • The Hongkong and Shanghai Banking
  • Corporation Limited
  • The Royal Bank of Scotland N.V.
  • The Bank of Tokyo-Mitsubishi UFJ, Limited
  • YES Bank Limited

 

 

 

Auditors :

 

Name :

S. R. Batliboi and Company

Chartered Accountants

 

 

Cost Auditors:

 

Name :

Ashwin Solanki and Associates

Cost Accountants

 

 

Memberships :

Not Available

 

 

Collaborators :

Not Available

 

 

Ultimate Holding Company

ABB Limited, Zurich, Switzerland

 

 

Holding Company :

ABB Asea Brown Boveri Limited, Zurich, Switzerland

 

 

Subsidiary :

Baldor Electric India Private Limited., Pune, India (from December 1, 2011 till March 31, 2012.)

 

 

Fellow subsidiaries:
  • ABB (Asea Brown Boveri), S.A., Paco de Arcos, Portugal
  • ABB (China) Limited, Beijing, China
  • ABB (Hong Kong) Limited, Hong Kong, Hong Kong
  • ABB (Namibia) (Pty) Limited, Windhoek, Namibia
  • ABB (Private) Limited, Harare, Zimbabwe
  • ABB (Pty) Limited, Gaborone, Botswana
  • ABB (Pvt) Limited, Lahore, Pakistan
  • ABB A/S., Skovlunde, Denmark
  • ABB AB., Västerĺs, Sweden
  • ABB AG, Vienna, Austria
  • ABB AG., Mannheim, Germany
  • ABB AS., Billingstad, Norway
  • ABB AS., Jüri, Estonia
  • ABB Australia Pty Limited., Sydney, Australia
  • ABB Automation Company Limited, Riyadh, Saudi Arabia
  • ABB Automation EOOD, Rakovski, Bulgaria
  • ABB Automation GmbH., Mannheim, Germany
  • ABB Automation L.L.C., Abu Dhabi, United Arab Emirates
  • ABB Automation Products GmbH., Ladenburg, Germany
  • ABB B.V., Rotterdam, Netherlands
  • ABB Bailey Beijing Engineering Company Limited, Beijing, China
  • ABB Bailey Japan Limited, Shizuoka-Ken, Japan
  • ABB Beijing Drive Systems Company Limited, Beijing, China
  • ABB Bulgaria EOOD., Sofi a, Bulgaria
  • ABB BV, Rotterdam, Netherlands
  • ABB Capital, B.V., Amsterdam, Netherlands
  • ABB Chongqing Transformer Company Limited, Chongqing, China
  • ABB CL Logistic S.A., Montevideo, Uruguay
  • ABB Contracting Company Limited, Riyadh, Saudi Arabia
  • ABB D.o.o., Ljubljana, Slovenia
  • ABB d.o.o., Belgrade, Serbia
  • ABB Ecuador S.A., Quito, Ecuador
  • ABB Electrical Industries (ABB ARAB) S.A.E., Cairo, Egypt
  • ABB Electrical Industries Limited, Riyadh, Saudi Arabia
  • ABB Electrical Machines Limited, Shanghai, China
  • ABB Elektrik Sanayi A.S., Istanbul, Turkey
  • ABB Engg. Technologies Co. (KSCC)., Safat, Kuwait
  • ABB Engineering (Shanghai) Limited, Shanghai, China
  • ABB Engineering Trading and Service Limited, Budapest, Hungary
  • ABB Equity Limited., St. Peter’s Port, Guernsey
  • ABB ESAP Limited., St. Peter’s Port, Guernsey
  • ABB for Electrical Industries (ABB ARAB) S.A.E., Cairo, Egypt
  • ABB France., Les Ulis, France
  • ABB FZ-LLC., Dubai, United Arab Emirates
  • ABB Genway Xiamen Electrical Equipment Company Limited, Xiamen, China
  • ABB Global Industries and Services Limited, Bengaluru, India
  • ABB Global Marketing FZ LLC., Dubai, United Arab Emirates
  • ABB Group Accounting Services B.V., Rotterdam, Netherlands
  • ABB Hefei Transformer Company Limited, Hefei, China
  • ABB High Voltage Switchgear (Xiamen) Company Limited, Xiamen, China
  • ABB High Voltage Switchgear Company Limited, Beijing, China
  • ABB Holdings Sdn. Bhd., Subang Jaya, Malaysia
  • ABB Import and Export Services Limited, Oranjestad/Aruba (NA), Aruba (Nl)
  • ABB Inc., Cary, NC, United States
  • ABB Inc., St. Laurent, Quebec, Canada
  • ABB Industries (L.L.C.)., Dubai, United Arab Emirates
  • ABB Industries FZ., Dubai, United Arab Emirates
  • ABB Information Systems Limited, Zurich, Switzerland
  • ABB International Marketing Limited, Zurich, Switzerland
  • ABB Intra AG, Zurich, Switzerland
  • ABB Jiangjin Turbo Systems Company Limited, Chongqing, China
  • ABB K.K., Tokyo, Japan
  • ABB Limited., Auckland, New Zealand
  • ABB Limited, Bangkok, Thailand
  • ABB Limited, Dar Es Salaam, United Republic of Tanzania
  • ABB Limited, Dhaka, Bangladesh
  • ABB Limited, Nairobi, Kenya
  • ABB Limited, Warrington, United Kingdom
  • ABB Limited Jordan LLC., Amman, Jordan
  • ABB LLC., Doha, Qatar
  • ABB LLC., Muscat, Oman
  • ABB LLP., Almaty, Kazakhstan
  • ABB Logistics Center Europe GmbH., Menden, Germany
  • ABB Limited, Dublin, Ireland
  • ABB Limited, Hanoi, Vietnam
  • ABB Limited, Kampala, Uganda
  • ABB Limited, Kyiv, Ukraine
  • ABB Limited, Lusaka, Zambia
  • ABB Limited, Moscow, Russian Federation
  • ABB Limited, Seoul, South Korea
  • ABB Limited, Taipei, Taiwan, Province of China
  • ABB Limited, Zagreb, Croatia
  • ABB Ltda., Osasco, Brazil
  • ABB LV Installation Materials Company Limited, Beijing, China
  • ABB Malaysia Sdn Bhd., Subang Jaya, Malaysia
  • ABB Management Services Limited, Zurich, Switzerland
  • ABB Manufacturing Sdn. Bhd., Subang Jaya, Malaysia
  • ABB Mexico S.A. de C.V., San Luis Potosi SLP, Mexico
  • ABB N.V., Zaventem, Belgium
  • ABB Near East Trading Limited, Amman, Jordan
  • ABB Norden Holding AB, Västerĺs, Sweden
  • ABB Oy., Helsinki, Finland
  • ABB Power Equipment (Xiamen) Company Limited., Xiamen, China
  • ABB Pte. Limited, Singapore, Singapore
  • ABB Qatar LLC., Doha, Qatar
  • ABB Research Limited, Zurich, Switzerland
  • ABB S.A., Les Ulis, France
  • ABB S.A., Buenos Aires, Argentina
  • ABB S.A., Casablanca, Morocco
  • ABB S.A., Lima, Peru
  • ABB S.A., Panama, Panama
  • ABB S.A., Santiago, Chile
  • ABB S.p.A., Milan, Italy
  • ABB s.r.o., Prague, Czech Republic
  • ABB Schweiz AG., Baden, Switzerland
  • ABB Sécheron S.A., Satigny, Switzerland
  • ABB Service Company Limited, Al Khobar, Saudi Arabia
  • ABB Shanghai Motors Company Limited, Shanghai, China
  • ABB Shanghai Transformer Company Limited, Shanghai, China
  • ABB SIA., Riga, Latvia
  • ABB South Africa (Pty) Limited, Longmeadow, South Africa
  • ABB Sp. z o.o., Warsaw, Poland
  • ABB Stotz-Kontakt GmbH., Heidelberg, Germany
  • ABB Technologies Limited, Tirat Carmel, Israel
  • ABB Technologies S.A., Dakar, Senegal
  • ABB Technologies W.L.L., Bahrain, Bahrain
  • ABB Technology Limited, Zurich, Switzerland
  • ABB Technology SA, Abidjan, Cote D’Ivoire
  • ABB Transformers S.A.E., El-Nozha El-Gedida, Egypt
  • ABB Transmission and Distribution Limited, Abu Dhabi, United Arab Emirates
  • ABB Turbo Systems (Hong Kong) Limited., Hong Kong, Hong Kong
  • ABB Turbo Systems AG., Baden, Switzerland
  • ABB Turbochargers S.A.E., Suez, Egypt
  • ABB UAB, Vilnius, Lithuania
  • ABB Xiamen Electrical Controlgear Company Limited, Xiamen, China
  • ABB Xiamen Low Voltage Equipment Company Limited, Xiamen, China
  • ABB Xiamen Switchgear Company Limited, Xiamen, China
  • ABB Xi’an High Power Rectifi er Company Limited., Xi’an, China
  • ABB Xi’an Power Capacitor Company Limited., Xi’an, China
  • ABB Xinhui Low Voltage Switchgear Company Limited, Xinhui, China
  • ABB Zhongshan Transformer Company Limited, Zhongshan, China
  • ABB, Inc., Paranaque, Metro Manila, Philippines
  • ABB, s.r.o., Bratislava, Slovakia
  • ABBNG Limited., Lagos, Nigeria
  • Asea Brown Boveri (Pty) Limited, Windhoek, Namibia
  • Asea Brown Boveri Electrica SGPS (Angola) Limitada., Luanda, Angola
  • Asea Brown Boveri Limited, Port Louis, Mauritius
  • Asea Brown Boveri Ltda., Bogotá, Colombia
  • Asea Brown Boveri Ltda., La Paz, Plurinational State of Bolivia
  • Asea Brown Boveri S.A., Caracas, Venezuela
  • Asea Brown Boveri S.A., Douala, Cameroon
  • Asea Brown Boveri S.A., Madrid, Spain
  • Asea Brown Boveri S.A., Metamorphossis Attica, Greece
  • Asea Brown Boveri S.A.E., Cairo, Egypt
  • Baldor Electric (Asia) PTE Limited, Singapore, Singapore
  • Baldor Electric (Shanghai) Company Limited, Shanghai, China
  • Baldor Electric Company de Mexico SA de CV, El Salto., Jalisco, Mexico
  • Baldor Electric Company., Fort Smith, AR, United States
  • Baldor Electric Switzerland AG, Feuerthalen, Switzerland
  • Baldor Holdings Inc., Boreham, United States
  • Baldor UK Limited, Bristol, England, United Kingdom
  • Busch-Jaeger Elektro GmbH., Mannheim/Lüdenscheid, Germany
  • Electrical Materials Center., Riyadh, Saudi Arabia
  • K-Tek Level Engineering Private Limited, Navi Mumbai, India
  • Maska Power Transmission (Changzhou) Company Limited, Changzhou, China
  • Newave Energy AG., Neuenhof, Switzerland
  • Newave SA., Quartino, Switzerland
  • PT ABB Sakti Industri., Jakarta, Indonesia
  • Pucaro Elektro-Isolierstoffe GmbH., Roigheim, Germany
  • Shantou Winride Switchgear Company Limited, Longhu District Shantou, China
  • Striebel and John GmbH and Co. KG., Mannheim, Germany
  • Sucursal Panama de ABB SA., Panama, Panama
  • Thomas and Betts Power Solutions LLC., Delaware, United States
  • Trasfor SA., Monteggio, Switzerland
  • Tropos Networks, Inc., Wilmington, Delaware, United States
  • Turbo Systems United Company Limited, Tokyo, Japan
  • Ventyx (UK) Limited, Surrey, United Kingdom
  • Ventyx Inc., Atlanta, United States

 

 

CAPITAL STRUCTURE

 

As on 31.12.2013

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

212500000

Equity Shares

Rs.2/- each

Rs.425.000 Millions

750000

11% Redeemable Cumulative Preferences Shares

Rs.100/- each

Rs.75.000 Millions

 

Total

 

Rs.500.000 Millions

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

211908375

Equity Shares

Rs.2/- each

Rs.423.800 Millions

 

 

 

 

 

a) Terms/rights attached to equity shares

 

The Company has only one class of equity shares having a par value of Rs 2/- per share. Each holder of equity shares is entitled to one vote per share. The Company declares and pay dividends in Indian Rupees. The dividend proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General Meeting.

 

During the year ended December 31, 2013, the amount of per share dividend recommended and provided for distribution to equity shareholders is Rs 3.00 (December 31, 2012 : Rs 3.00)

 

In the event of liquidation of the Company, the holders of equity shares will be entitled to receive remaining assets of the Company, after distribution of all preferential amounts. The distribution will be in proportion to the number of equity shares held by the shareholders.

 

b) Shares held by holding / ultimate holding company and / or their subsidiaries / associates

 

Name of Shareholder

Number of Shares

Rs. In Millions

ABB Asea Brown Boveri Limited - the holding company

146390952

292.800

ABB Norden Holding AB - a fellow subsidiary

12540330

25.100

 

 

c) Details of equity shares held by shareholders holding more than 5% shares:

 

Name of Shareholder

Number of Shares

% of Holding

ABB Asea Brown Boveri Limited - the holding company

146390952

69.08%

ABB Norden Holding AB - a fellow subsidiary

12540330

5.92%

Life Insurance Corporation of India

20196092

9.53%

 

As per of the Company and other declarations received from shareholders, the above shareholding represents both legal and beneficial ownerships of shares.

 

 

As on 05.05.2014

 

Authorised Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

212500000

Equity Shares

Rs.2/- each

Rs.425.000 Millions

750000

11% Redeemable Cumulative Preferences Shares

Rs.100/- each

Rs.75.000 Millions

 

Total

 

Rs.500.000 Millions

 

Issued, Subscribed & Paid-up Capital :

No. of Shares

Type

Value

Amount

 

 

 

 

211908375

Equity Shares

Rs.2/- each

Rs. 423.817 Millions

 

 

 

 

 

 

FINANCIAL DATA

[all figures are in Rupees Millions]

 

 

 

ABRIDGED BALANCE SHEET

 

SOURCES OF FUNDS

 

31.12.2013

31.12.2012

31.12.2011

I.              EQUITY AND LIABILITIES

 

 

 

(1)Shareholders' Funds

 

 

 

(a) Share Capital

423.800

423.800

423.800

(b) Reserves & Surplus

26351.800

25556.700

24921.400

(c) Money received against share warrants

0.000

0.000

0.000

 

 

 

 

(2) Share Application money pending allotment

0.000

0.000

0.000

Total Shareholders’ Funds (1) + (2)

26775.600

25980.500

25345.200

 

 

 

 

(3) Non-Current Liabilities

 

 

 

(a) long-term borrowings

0.000

0.000

0.000

(b) Deferred tax liabilities (Net)

0.000

0.000

0.000

(c) Other long term liabilities

41.700

38.900

33.000

(d) long-term provisions

57.100

57.100

57.100

Total Non-current Liabilities (3)

98.800

96.000

90.100

 

 

 

 

(4) Current Liabilities

 

 

 

(a) Short term borrowings

6201.100

3276.800

0.000

(b) Trade payables

20825.800

18993.700

19654.100

(c) Other current liabilities

13959.500

13945.600

15582.700

(d) Short-term provisions

2634.500

2407.400

2273.500

Total Current Liabilities (4)

43620.900

38623.500

37510.300

 

 

 

 

TOTAL

70495.300

64700.000

62945.600

 

 

 

 

II.            ASSETS

 

 

 

(1) Non-current assets

 

 

 

(a) Fixed Assets

 

 

 

(i) Tangible assets

12680.200

10780.600

10302.400

(ii) Intangible Assets

1234.900

1292.800

1381.600

(iii) Capital work-in-progress

474.900

1170.100

744.300

(iv) Intangible assets under development

0.000

0.000

0.000

(b) Non-current Investments

164.700

523.900

506.200

(c) Deferred tax assets (net)

279.300

148.000

224.000

(d)  Long-term Loan and Advances

3508.900

2301.800

1638.900

(e) Other Non-current assets

83.000

84.500

84.900

Total Non-Current Assets

18425.900

16301.700

14882.300

 

 

 

 

(2) Current assets

 

 

 

(a) Current investments

0.800

0.800

0.800

(b) Inventories

9888.500

9204.000

9255.500

(c) Trade receivables

32357.200

32643.800

30825.100

(d) Cash and cash equivalents

3165.800

766.700

2558.800

(e) Short-term loans and advances