Question

tata and tata motors goodwill or capital reserve
minority interest

Answer 1

Answer:

Financial Performance

Company (Standalone)

Summarised Balance Sheet & Summarised Profit and Loss Statement

Funds Flow - Last Five Years

Tata Motors Group (Consolidated)

Summarised Balance Sheet & Summarised Profit and Loss Statement

Financial Statistics

TATA MOTORS GROUP (CONSOLIDATED)

SUMMARISED BALANCE SHEET

(Rs. crores)

As at

31 March 2013 As at

31 March 2012

WHAT THE COMPANY OWNED

1. Fixed assets 69,483.61 56,212.50

2. Goodwill (on consolidation) 4,102.37 4,093.74

3. Non current investments 1,515.40 1,391.54

4. Deferred tax assets (net) 4,428.93 4,539.33

5. Long-term loans and advances 15,465.46 13,657.95

6. Other non-current assets 1,023.95 574.68

7. Current assets 74,006.73 64,461.47

8. Total Assets 1,70,026.45 1,44,931.21

WHAT THE COMPANY OWED

1. Long-term borrowings 32,110.07 27,962.48

2. Other long-term liabilities 3,284.06 2,297.57

3. Long-term provisions 8,319.15 6,232.39

4. Net worth

Share capital 638.07 634.75

Reserves and surplus 36,999.23 32,063.75

5. Minority interest 370.48 307.13

6. Deferred tax liabilities (net) 2,019.49 2,165.07

7. Current liabilities 86,285.90 73,268.07

8. Total liabilities 1,70,026.45 1,44,931.21

SUMMARISED PROFIT AND LOSS STATEMENT

(Rs.crores)

FY 2012-13 FY 2011-12

1. INCOME

Revenue from operations 193,583.95 170,677.58

Less : Excise duty 4,766.32 5,023.09

188,817.63 165,654.49

Other Income 811.53 661.77

189,629.16 166,316.26

2. EXPENDITURE

Cost of materials consumed 111,600.44 100,797.44

Purchase of products for sale 11,752.07 11,205.86

Changes in inventories of finished goods, work-in-progress and product for sale (3,031.43) (2,535.72)

Employee cost / benefits expense 16,584.05 12,298.45

Finance cost 3,553.34 2,982.22

Depreciation and amortisation expense 7,569.30 5,625.38

Product development expense / engineering expenses 2,021.59 1,389.23

Other expenses 35,535.58 28,453.97

Expenditure transferred to capital and other accounts (10,191.97) (8,265.98)

Total expenses 175,392.97 151,950.85

Profit before exceptional items, extraordinary items and tax 14,236.19 14,365.41

Exchange loss (net) including on revaluation of foreign currency

Borrowings, deposits and loan 515.09 654.11

Impairment of intangibles and other costs 87.62 177.43

3. PROFIT BEFORE TAX FROM CONTINUING OPERATIONS 13,633.48 13,533.87

Tax Expense / (Credit) 3,770.99 (40.04)

4. PROFIT AFTER TAX FROM CONTINUING OPERATIONS (3-4) 9,862.49 13,573.91

Share of Profit of Associates (Net) 113.79 24.92

Minority Interest (83.67) (82.33)

5. PROFIT FOR THE YEAR 9,892.61 13,516.50

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