Balance Sheet

	Schedule	March 31, 2011	March 31, 2010
SOURCES OF FUNDS
SHAREHOLDERS’ FUNDS
Share capital	1	33,82,77,510	33,82,77,510
Reserves and surplus	2	11,06,76,29,347	9,01,92,68,645
		11,40,59,06,857	9,35,75,46,155
APPLICATION OF FUNDS
FIXED ASSETS
Original cost	3	4,05,90,29,754	3,89,73,66,154
Less : Accumulated depreciation		2,25,95,92,410	1,80,87,19,841
Net book value		1,79,94,37,344	2,08,86,46,313
Capital work-in-progress		24,71,40,056	47,18,607
		2,04,65,77,400	2,09,33,64,920
INVESTMENTS	4	3,40,85,58,878	5,30,46,01,906
DEFERRED TAX ASSET	5	23,64,94,783	16,64,76,463
CURRENT ASSETS, LOANS AND ADVANCES
Sundry debtors	6	2,15,54,19,787	1,82,96,06,376
Cash and bank balances	7	5,33,53,36,646	2,09,77,31,970
Loans and advances	8	2,70,91,25,383	1,94,02,46,087
		10,19,98,81,816	5,86,75,84,433
LESS : CURRENT LIABILITIES AND PROVISIONS
Current liabilities	9	4,16,62,77,009	3,85,11,69,493
Provisions	10	31,93,29,011	22,33,12,074
NET CURRENT ASSETS		5,71,42,75,796	1,79,31,02,866
		11,40,59,06,857	9,35,75,46,155
SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS	16

The schedules referred to above form an integral part of the Balance Sheet

As per our report attached

for B S R & Co.
Chartered Accountants
Firm’s registration number : 101248W

Supreet Sachdev Partner Membership No. 205385	T. V. Mohandas Pai Chairman and Director	D. Swaminathan Managing Director and Chief Executive Officer	S. D. Shibulal Director	Prof. Jayanth R. Varma Director
	Sridar A. Iyengar Director	B. G. Srinivas Director	Eric S. Paternoster Director	Abraham Mathews Head – Finance
Bangalore April 11, 2011	N. R. Ravikrishnan Company Secretary