For the year ended March 31, |
2010 | 2009 | |
| 16 | CHANGE IN LOANS AND ADVANCES | ||
| As per the Balance Sheet(1) | 3,888 | 3,164 | |
| Less : Gratuity obligation – unamortized amount relating to plan amendment(2) | 26 | 29 | |
| Less : Deposits with financial institutions included in cash and cash equivalents(3) | 1,500 | 1,250 | |
| Interest accrued but not due | 4 | 1 | |
| MAT credit entitlement | – | 262 | |
| Advance income taxes | 641 | 268 | |
| 1,717 | 1,354 | ||
| Less : Opening balance considered | 1,354 | 842 | |
| 363 | 512 | ||
| (1) Includes loans to subsidiary and net of gratuity transitional liability (2) Refer to Note 23.2.21 (3) Excludes restricted deposits held with LIC of Rs. 281 crore (Rs. 253 crore) for funding leave liability |
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17 |
CHANGE IN CURRENT LIABILITIES AND PROVISIONS | ||
| As per the Balance Sheet | 3,798 | 3,305 | |
| Less : Unclaimed dividend | 2 | 2 | |
| Gratuity obligation – unamortised amount relating to plan amendment | 26 | 29 | |
| Provisions separately considered in Cash Flow statement | |||
Income taxes |
719 | 575 | |
Proposed dividend |
861 | 773 | |
Tax on dividend |
143 | 131 | |
| 2,047 | 1,795 | ||
| Less : Opening balance considered | 1,795 | 1,491 | |
| 252 | 304 | ||
18 |
INCOME TAXES PAID | ||
| Charge as per the Profit and Loss account | 1,717 | 895 | |
| Add / (Less) : Increase/(Decrease) in advance income taxes | 373 | 53 | |
| Increase/(Decrease) in deferred taxes | (21) | 3 | |
| Increase/(Decrease) in MAT credit entitlement | (262) | 93 | |
| Income tax benefit arising from exercise of stock options | (10) | (10) | |
| (Increase)/Decrease in income tax provision | (144) | (194) | |
| 1,653 | 840 | ||
| 19 | PURCHASE OF FIXED ASSETS AND CHANGE IN CAPITAL WORK-IN-PROGRESS | ||
| As per the Balance Sheet | 787 | 1,822 | |
| Less : Opening capital work-in-progress | 615 | 1,260 | |
| Add : Closing capital work-in-progress | 409 | 615 | |
| 581 | 1,177 | ||
20(a) |
INVESTMENTS IN SUBSIDIARIES(1) | ||
| As per the Balance Sheet | 1,125 | 1,005 | |
| Less : Opening balance considered | 1,005 | 964 | |
| 120 | 41 | ||
(1) Refer to Note 23.2.15 for investment made in subsidiaries |
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20(b) |
INVESTMENTS IN SECURITIES(1) | ||
| As per the balance sheet | 3,507 | – | |
| Less : Closing balance of interest accrued on certificates of deposit | 10 | – | |
| 3,497 | – | ||
| (1) Refer to Note 23.2.15 for investment and redemptions | |||
21 |
INTEREST AND DIVIDEND RECEIVED | ||
| Interest and dividend income as per Profit and Loss account | 844 | 838 | |
| Add : Opening interest accrued but not due | 1 | 186 | |
| Less : Closing balance of interest accrued on certificates of deposit | 10 | – | |
| Closing interest accrued but not due | 4 | 1 | |
| 831 | 1,023 | ||
22 |
CASH AND CASH EQUIVALENTS AT THE END | ||
| As per the Balance Sheet | 9,797 | 9,039 | |
| Add : Deposits with financial institutions (excluding interest accrued and not due)(1) | 1,500 | 1,250 | |
| 11,297 | 10,289 | ||
| (1) Excludes restricted deposits held with Life Insurance Corporation of India of Rs. 281 crore (Rs. 253 crore) for funding leave liability (refer to Note 23.2.23b) |
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