Professional Documents
Culture Documents
Prowessiq Data Dictionary
Prowessiq Data Dictionary
Database Dictionary
Contents
Email ID . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 45
Website address . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 46
ISD code for telephone number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 47
STD code for telephone number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 48
Telephone number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 49
ISD code for Fax number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 50
STD code for Fax number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 51
Fax number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52
Company Alternate Names . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 52
Prowess company code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 53
Alternate name type . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 54
Alternate name . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Company Background . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 55
Prowess company code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 56
Background text . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 57
Brief business . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 58
Announcement date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96
Equity Ownership Pattern . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 96
Prowess company code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 97
Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 98
Total number of equity shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 99
Shares held by promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 100
Shares held by Indian promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 101
Shares held by Indian individuals and hindu undivided families as promoters . . . . . . . . . . . . . . . . . . . . . . 102
Shares held by central and state government/s as promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 103
Shares held by Indian corporate bodies as promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 104
Shares held by financial institutions and banks as promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 105
Shares held by other promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 106
Shares held by foreign promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 107
Shares held by foreign individuals (NRIs & POIs) as promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 108
Shares held by foreign corporate bodies as promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 109
Shares held by foreign institutions as promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 110
Shares held by qualified foreign promoter investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 111
Shares held by other foreign promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 112
Shares held by groups of like-minded individuals as promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 113
Shares held by non-promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 114
Shares held by institutions as non-promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 115
Shares held by mutual funds and UTI as non-promoter . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 116
Shares held by banks, financial institutions, and insurance cos. as non-promoters . . . . . . . . . . . . . . . . . . . . 117
Shares held by insurance companies as non-promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 118
Shares held by financial institutions and banks as non-promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . 119
Shares held by central and state government/s as non-promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 120
Shares held by foreign institutional investors as non-promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 121
Shares held by venture capital funds as non-promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 122
Shares held by foreign venture capital investors as non-promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . 123
Shares held by qualified foreign instituitional investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 124
Shares held by other institutional investors as non-promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 125
Shares held by non-institutional investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 126
Shares held by corporate bodies as investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 127
Shares held by individual investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 128
Shares held by individual investors with a share capital of up to Rs. 1 lakh . . . . . . . . . . . . . . . . . . . . . . . 129
Shares held by individual investors with share capital exceeding Rs. 1 lakh . . . . . . . . . . . . . . . . . . . . . . 130
Shares held by qualified foreign non-instituitional investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 131
Shares held by other investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 132
Shares held by custodians . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 133
Shares held by custodians for promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 134
Shares held by custodians for non-promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 135
Total equity shares in per cent. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 136
Proportion of shares held by promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 137
Proportion of shares held by Indian promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 138
Proportion of shares held by Indian individuals and hindu undivided families as promoters . . . . . . . . . . . . . . . 139
Proportion of shares held by central and state government/s as promoters . . . . . . . . . . . . . . . . . . . . . . . . 140
Proportion of shares held by Indian corporate bodies as promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . 141
Proportion of shares held by financial institutions and banks as promoters . . . . . . . . . . . . . . . . . . . . . . . . 142
Proportion of shares held by other promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 143
Proportion of shares held by foreign promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 144
Proportion of shares held by foreign individuals (including NRIs) as promoters . . . . . . . . . . . . . . . . . . . . . 145
Proportion of shares held by foreign corporate bodies as promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . 146
Proportion of shares held by foreign institutions as promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 147
Proportion of shares held by qualified foreign promoter investors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 148
Proportion of shares held by other foreign promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 149
Proportion of shares held by groups of like-minded individuals as promoters . . . . . . . . . . . . . . . . . . . . . . . . 150
Proportion of shares held by non-promoters . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 151
Subsidiaries . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 321
Prowess company code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 322
Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 323
Name of subsidiary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 324
Effective date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 325
Order of appearance of subsidiary . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 326
Auditors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 326
Prowess company code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 327
Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 328
Auditor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 329
Partner name . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 330
Order . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 331
Bankers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 331
Prowess company code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 332
Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 333
Bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 334
Order . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 335
Related Party Transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 335
Prowess company code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 336
Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 337
Related party type . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 338
Related party type name . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 339
Related party name . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 340
Total revenue receipts/income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 341
Income from sale of goods to related parties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 342
Income from services to related parties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 343
Rent income from related parties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 344
Interest income from related parties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 345
Dividend income from related parties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 346
Reimbursement of expenses by related party . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 347
Other income from related parties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 348
Share in Total revenue receipts/income from related party . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 349
Income from sale of goods as % of Total revenue receipts/income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 349
Income from services as % of Total revenue receipts/income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 350
Income from rent as % of Total revenue receipts/income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 351
Income from interest as % of Total revenue receipts/income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 352
Income from dividends as % of Total revenue receipts/income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 353
Income from others as % of Total revenue receipts/income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 354
Total revenue receipts/income as % of Total income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 355
Income from sale of goods as % of Total income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 356
Income from services as % of Total income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 357
Income from rent as % of Total income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 358
Income from interest as % of Total income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 359
Income from dividends as % of Total income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 360
Income from others as % of Total income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 361
Total revenue expenses/payments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 362
Payment for raw material/fin. goods . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 363
Payment for energy, power and fuel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 364
Payment for salaries and wages to related parties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 365
Payment for marketing expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 366
Payment for processing charges/jobworks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 367
Payment for rent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 368
Payment for royalties/technical know-how fees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 369
Payment for interest . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 370
Expenses reimbursed to related party . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 371
Payment for other revenue expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 372
Payment for other operating expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 374
Guarantees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 429
Outstanding guarantees given . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 429
Guarantees given during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 430
Outstanding guarantees taken . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 431
Guarantees taken during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 432
Unclassified . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 433
Transaction not specified . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 433
Loans not specified as given or received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 434
Dividends not specified as given or received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 435
Interest not specified as given or received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 436
Rent not specified as given or received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 437
Services not specified as given or received . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 438
Maximum amount payable to related party during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 439
Maximum amount receivable from related party during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 440
LoC/Stand by LoC given on behalf of related parties (conting.liab.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 441
Other transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 442
Bulk and Block Deals Executed on BSE & NSE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 442
Prowess company code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 443
Exchange name . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 444
Deal type . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 445
Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 446
Record number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 447
Client code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 448
Client name . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 449
Traded quantity . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 450
Price per share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 451
Remarks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 452
Insider Trading . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 452
Prowess company code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 453
Deal sequence number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 454
Deal type . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 455
Exchange . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 456
Transaction from date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 457
Transaction to date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 458
Deal disclosed by . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 459
Client name . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 460
Mode of acquisition/sale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 461
Number of shares transacted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 462
Shares transacted in per cent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 463
Shares held after transaction . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 464
Shares held in per cent . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 465
History of Ownership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 465
Prowess company code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 466
Effective date of ownership . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 467
Ownership code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 468
Add : depreciation disclosed but not provided for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 821
Less: transfer from revaluation reserves . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 822
Amortisation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 823
Preliminary expenses amortised . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 824
Capital issue expenses amortised . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 825
Licence fees amortised . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 826
Product development expenses amortised . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 827
Project expenses and pre-operative expenses amortised . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 828
Other amortisations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 829
Write-offs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 830
Bad trade and other receivables, loans & advances written off . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 831
Bad trade receivables written off . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 832
Loans & advances written off . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 833
Other receivables including claims written off . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 834
Assets written off . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 835
Biological assets other than bearer plants written off . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 836
Investment Property write-off . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 837
Inventories written off / written down . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 838
Other write-offs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 839
Other capitalisation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 840
Other expenses transferred to DRE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 841
Expenses charged to other expenditure heads . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 842
Prior period and extra-ordinary expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 843
Prior period expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 844
Cash prior period expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 845
Prior period direct taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 846
Cash prior period expenses excluding prior period taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 847
Non cash prior period expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 848
Prior period depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 849
Non cash prior period expenses excluding prior period depreciation . . . . . . . . . . . . . . . . . . . . . . . . . . 850
Extra-ordinary expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 851
Loss on impairment of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 852
Loss on Impairment of property, plant and equipment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 853
Loss on Impairment of intangible assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 854
Loss on Impairment of CWIP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 855
Loss on Impairment of investment Property . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 856
Loss on Impairment on assets classified as held for sale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 857
Loss on Impairment of biological assets other than bearer plants . . . . . . . . . . . . . . . . . . . . . . . . . . . . 858
Loss on Impairment of other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 859
Adjustments to the carrying amount of investments of group companies . . . . . . . . . . . . . . . . . . . . . . . . . 860
Loss on sale of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 861
Loss on disposal of PPE . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 862
Loss on disposal of intangible assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 863
Loss on disposal of biological assets other than bearer pants . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 864
Loss on disposal of investment properties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 865
Loss on disposal of assets held for sale . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 866
Loss on revaluation of PPE / intangible assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 867
Tax on extra-ordinary income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 868
Loss because (effect) of change in valuation and accounting policies . . . . . . . . . . . . . . . . . . . . . . . . . . . 869
Loss on corporate and debt restructuring . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 870
Loss on sale of investment in subsidiary, associates & JV . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 871
Expenses on discontinuing operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 872
Loss on disposal of assets/settlement of liabilities of discontinuing operations . . . . . . . . . . . . . . . . . . . . . . 874
Tax expenses on discontinuing operations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 876
Other Extra-ordinary expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 878
Provision for direct tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 879
Corporate tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 880
Secured long term external commercial borrowings (including euro bonds) excl current portion . . . . . . . . . . . 1494
Of which : secured long term foreign currency convertible bonds excl current portion . . . . . . . . . . . . . . . 1495
Of which : secured long term foreign currency non-convertible bonds excl current portion . . . . . . . . . . . . . 1496
Secured long term foreign suppliers’ credit excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . 1497
Unsecured long term foreign currency borrowings excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . 1498
Unsecured long term external commercial borrowings (including euro bonds) excl current portion . . . . . . . . . 1499
Of which : unsecured foreign currency convertible bonds excl current portion . . . . . . . . . . . . . . . . . . . 1500
Of which : unsecured long term foreign currency non-convertible bonds excl current portion . . . . . . . . . . . 1501
Of which : unsecured long term foreign currency sub-ordinated debt excl current portion . . . . . . . . . . . . . 1502
Unsecured long term foreign suppliers’ credit excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . 1503
Long term loans from promoters, directors and shareholders (individuals) excl current portion . . . . . . . . . . . . . 1504
Secured long term loans from promoters, directors and shareholders (individuals) excl current portion . . . . . . . . 1505
Unsecured long term loans from promoters, directors and shareholders excl current portion . . . . . . . . . . . . . . 1506
Long term inter-corporate loans excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1507
Secured long term inter-corporate loans excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1508
Secured long term loans from subsidiary companies excl current portion . . . . . . . . . . . . . . . . . . . . . . . 1509
Secured long term loans from group and assoc. business enterprises excl current portion . . . . . . . . . . . . . . . 1510
Secured long term loans from other business enterprises excl current portion . . . . . . . . . . . . . . . . . . . . . 1511
Unsecured long term inter-corporate loans excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1512
Unsecured long term loans from subsidiary companies excl current portion . . . . . . . . . . . . . . . . . . . . . 1513
Unsecured long term loans from group & associate business enterprises excl current portion . . . . . . . . . . . . . 1514
Unsecured long term loans from other business enterprises excl current portion . . . . . . . . . . . . . . . . . . . 1515
Long term deferred credit excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1516
Secured long term deferred credit excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1517
Secured long term domestic suppliers / buyer credit excl current portion . . . . . . . . . . . . . . . . . . . . . . . 1518
Unsecured long term deferred credit excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1519
Unsecured long term domestic suppliers / buyers credit excl current portion . . . . . . . . . . . . . . . . . . . . . 1520
Interest accrued and due (long term) on borrowings excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . 1521
Interest accrued and due (long term) on secured borrowings excl current portion . . . . . . . . . . . . . . . . . . . . 1522
Interest accrued and due (long term) on unsecured borrowings excl current portion . . . . . . . . . . . . . . . . . . 1523
Long term maturities of finance lease obligations excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . 1524
Secured long term maturities of finance lease obligations excl current portion . . . . . . . . . . . . . . . . . . . . . 1525
Unsecured long term maturities of finance lease obligations excl current portion . . . . . . . . . . . . . . . . . . . . 1526
Long term fixed deposits excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1527
Long term fixed deposits from public excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1528
Long term fixed deposits from promoters, directors and shareholders excl current portion . . . . . . . . . . . . . . . 1529
Long term fixed deposits raised by financial institutions and NBFCs excl current portion . . . . . . . . . . . . . . . 1530
Other long term borrowings excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1531
Secured other long term borrowings excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1533
Unsecured other long term borrowings excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1535
Sub-ordinated debt excl current portion (banks and finance companies) . . . . . . . . . . . . . . . . . . . . . . . . . 1537
Long term borrowings from RBI excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1538
Long term borrowings guaranteed by directors excl current portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1539
Deferred tax liability . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1541
Other long term liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1542
Long term trade and capital payables and acceptances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1543
Long term trade and capital payables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1544
Long term trade payables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1545
Long term payables for capital works . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1546
Long term acceptances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1547
Deposits and advances from customers and employees (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1548
Long term security deposits and trade deposits and dealer deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . 1549
Long term advances from customers on capital account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1550
Long term advances from customers on revenue account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1551
Long term deposits from employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1552
Interest accrued but not due (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1553
Interest accrued but not due on long term borrowings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1554
Interest accrued and not due on secured borrowings (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . 1555
Interest accrued and not due on unsecured borrowings (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . 1556
Interest accrued on trade payables (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1557
Interest accrued on others (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1558
Deferred income (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1559
Non-current regulatory deferral liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1560
Other miscellaneous long term liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1561
Inter-office/branch adjustments (long term liabilities) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1562
Long term provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1563
Corporate tax provision (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1564
Other direct & indirect tax provisions (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1565
Wealth tax provision (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1566
Agricultural tax provision (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1568
Provision for indirect taxes (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1569
Other direct tax provision (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1570
Provision for employee benefits (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1571
Provision for gratuity (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1572
Provision for vrs (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1573
Long term provision for other employee related issues (leave, wage agreement, etc.) . . . . . . . . . . . . . . . . . . 1574
Provision for doubtful trade receivables, advances & NPAs (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . 1575
Provision for doubtful trade receivables (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1577
Provision for doubtful advances & NPAs (long term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1579
Provisions against long term standard assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1581
Long term provision for restoration costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1582
Other long term provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1583
Long term provision for premium payable on redemption of bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . 1584
Long term provision for estimated loss on derivatives . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1585
Long term provision for warranty . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1587
Long term provision for estimated loss on onerous contracts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1588
Long term provision for inventories incl prov for slow moving inventories . . . . . . . . . . . . . . . . . . . . . . . 1589
Long term provision for restructuring costs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1590
Current liabilities & provisions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1591
Current liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1592
Short-term borrowings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1593
Short-term borrowing from banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1594
Secured bank borrowings (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1595
Bank overdraft (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1596
Cash credit (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1597
Unsecured bank borrowings (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1598
Short term borrowing from financial institutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1599
Secured financial institutional borrowings (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1600
Unsecured short term borrowings from financial institutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1601
Short term borrowings from central & state govt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1602
Secured short term borrowings from central & state govt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1603
Secured short term borrowings from Government of India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1604
Secured short term borrowings from state governments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1605
Unsecured short term borrowings from central & state govt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1606
Unsecured short term borrowings from Government of India . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1607
Unsecured short term borrowings from state governments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1608
Short term borrowings syndicated across banks & institutions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1609
Secured short term borrowings syndicated across banks & institutions . . . . . . . . . . . . . . . . . . . . . . . . 1610
Unsecured short term borrowings syndicated across banks & institutions . . . . . . . . . . . . . . . . . . . . . . . 1611
Short term debentures and bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1612
Secured short term debentures and bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1613
Non-convertible secured short term debentures and bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1614
Secured short term zero interest bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1615
Convertible secured short term debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1616
Treasury shares purchased / boughtback / sub-divided during the year (Nos) . . . . . . . . . . . . . . . . . . . . . . . 1782
Treasury shares reissued / consolidated during the year (Nos) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1783
Treasury shares cancelled during the year (Nos) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1784
Treasury shares at the end of the year (Nos) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1785
Movement of preference shares during the year (Nos) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1786
Preference shares at the beginning of the year (Nos) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1786
Preference shares issued during the year (Nos) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1787
Preference shares converted / redeem during the year (Nos) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1788
Preference shares at the end of the year (Nos) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1789
Deposit kept with RBI (for foreign banks) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1790
Number of shares held by holding company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1791
Number of shares held by holding company (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1792
Equity shares allotted during past five years without payment being received in cash . . . . . . . . . . . . . . . . . . . . 1793
Equity shares allotted during past five years pursuant to the scheme of mergers & acquisitions . . . . . . . . . . . . . 1794
Equity shares allotted during past five years on conversion of loans and debt . . . . . . . . . . . . . . . . . . . . . . . 1795
Equity shares allotted during past five years on conversion of convertible warrants . . . . . . . . . . . . . . . . . . . . 1796
Equity shares allotted during past five years on conversion of ECB, FCCB. . . . . . . . . . . . . . . . . . . . . . . . 1797
Equity shares allotted during past five years in ESOPs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1798
Equity shares allotted during past five years on conversion of preference share . . . . . . . . . . . . . . . . . . . . . . 1799
Equity shares issued against ADRs/GDRs during past five years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1800
Bonus shares issued during past five years . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1802
Call in arrears amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1803
Call in arrears (directors) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1804
Call in arrears (others) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1805
Reduction in equity capital – amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1806
Buy back of shares – amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1807
Reduction in equity capital (other than buy-back) – amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1808
Total amount paid on buy-back including premium . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1809
Bills for collection (banks) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1810
Deposits accepted by commercial banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1811
Deposits from india . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1811
Deposits from outside india . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1812
Derived Indicators of Liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1813
Shares in lakhs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1813
Authorised equity shares (in lakhs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1813
Issued equity shares (In lakhs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1814
Subscribed net equity shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1815
Paid-up equity shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1816
Paid-up pref shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1817
Reduction in equity cap shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1818
Shareholders funds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1819
Net worth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1820
Tangible net worth . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1821
Share application money and advances (Eq & Pref) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1822
Cumulative retained profits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1823
Free reserves . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1824
Specific reserves . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1825
Total outside liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1826
Total term liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1827
Current liabilities incl long term portion . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1828
Cost of production - work in progress . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1829
Decrease increase in working capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1830
Long term borrowings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1831
Long term borrowings central state govt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1831
Long term borrowings corporate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1832
Long term borrowings debentures bonds . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1833
Long term borrowings deferred credit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1834
Guarantees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2127
Guarantee for group companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2128
Guarantee given in India (for finance companies) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2129
Guarantee given outside India (for finance companies) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2130
Counter guarantees by company . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2131
Counter guarantees for group companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2132
Bonds issued in favour of govt authorities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2133
Bonds issued for disputed taxes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2134
Bonds issued for disputed income tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2135
Bonds issued for disputed excise . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2136
Bonds issued for disputed custom duties . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2137
Bonds issued for disputed sales tax . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2138
Bonds issued by directors and promoters in their personal capacity . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2139
Bonds issued for other purposes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2140
Liabilities on account of non fulfilment of export obligation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2141
Liabilities on account of forward foreign exchange contract . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2142
Claims not acknowledged as debt . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2143
Other contingent liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2144
Arrears of preference dividend . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2146
Unprovided employee dues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2147
Liabilities of un-called and partly paidup shares & debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2148
Liabilities of underwriting obligation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2149
Other miscellaneous contingent liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2150
Commitments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2151
Commitment on capital account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2152
Commitment on other/revenue account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2153
Letter of Comfort . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2154
Guarantees by banks / companies bankers . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2155
Bills for collection (banks) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2156
Research & development expenses (capital & current account) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2157
Research & development expenses - capital account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2158
Research & development expenses - current account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2159
Total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2160
Non-current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2161
Net fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2162
Gross fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2163
Gross total additions to fixed assets during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2164
Gross fixed assets additions during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2165
Gross fixed assets additions during the year due to revaluation . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2166
Gross total deductions from fixed assets during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2167
Gross fixed assets deductions during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2168
Cumulative depreciation on gross fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2169
Gross fixed assets depreciation during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2170
Net intangible assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2171
Gross intangible assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2172
Total additions to intangible assets during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2173
Additions to intangible assets during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2174
Additions to intangible assets during the year due to revaluation . . . . . . . . . . . . . . . . . . . . . . . . . . 2175
Total deductions from intangible assets during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2176
Deductions from intangible assets during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2177
Cumulative depreciation on intangible assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2178
Depreciation on intangible assets for the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2179
Net goodwill . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2180
Gross goodwill . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2181
Additions to goodwill during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2182
Additions to goodwill during the year due to revaluation . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2183
Deductions from goodwill during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2184
Sundry debtors considered doubtful and outstanding for less than six months . . . . . . . . . . . . . . . . . . . . 2643
Trade receivables, outstanding period unspecified . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2644
Trade receivables outstanding from group companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2645
Trade receivables from group cos. o/s for more than 6 months . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2646
Trade receivables from group cos. o/s for less than 6 months . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2647
Trade receivables outstanding from key management personnel(KMP) and entities in which KMP are interested . . . 2648
Trade receivables from KMP o/s for more than 6 months . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2649
Other trade receivables o/s from KMP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2650
Bills receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2651
Other short term receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2652
Accrued income including interest receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2653
Unbilled revenue / excess of contract costs over progress billings . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2654
Rent/lease rent receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2655
Financial derivative instruments (Current assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2656
Receivables on account of exchange fluctuations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2658
Receivables for sale of investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2659
Other miscellaneous receivables (incl. lease terminal adjustment) . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2660
Inter-office adjustments of receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2661
Other non-banking current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2662
Cash balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2663
Cash in hand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2664
Cash in transit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2665
Cheques and drafts in hand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2666
Bank balance (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2667
Balance in banks within India (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2668
Current account in banks within India (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2669
Short term EEFC accounts in banks (exchange earners foreign currency) . . . . . . . . . . . . . . . . . . . . . . . . 2670
Deposit accounts in banks within India (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2671
Short term margin money with banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2672
Short term fixed deposits with banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2673
Short term fixed deposits lodged as security . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2674
Short term certificate of deposits (cash/bank balance) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2675
Money at call with banks in India (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2676
Balance in banks outside India (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2677
Current account in banks outside India (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2678
Deposit accounts in banks outside India (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2679
Balance with RBI (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2680
Balances in earmarked accounts (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2681
Unpaid dividend account (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2682
Unpaid matured deposits (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2683
Unpaid matured debentures (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2684
Share application money due for refund (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2685
Other earmarked accounts (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2686
Other short term balances (incl. deposit with post office, fis etc.) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2687
Of which 1: foreign currency account (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2688
Of which:cash and cash equivalents as reported . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2689
Of which: short term balances with banks disclosed as cash & cash equivalent . . . . . . . . . . . . . . . . . . . . . . 2690
Of which: bank balances other than cash and cash equivalents as reported . . . . . . . . . . . . . . . . . . . . . . . . . 2691
Short term loans and advances by finance companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2692
Short term loans . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2693
Short term housing loans by finance companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2694
Short term advances and deposits with government and statutory authorities . . . . . . . . . . . . . . . . . . . . . . . 2695
Receivables against stock hired out (short term) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2696
Net investments in short term leases . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2697
Other short term advances by finance companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2698
Of which 1: secured short term loans made by finance companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2699
Of which 2: unsecured short term loans made by finance companies . . . . . . . . . . . . . . . . . . . . . . . . . . . 2700
Sundry debtors considered doubtful and outstanding for less than six months . . . . . . . . . . . . . . . . . . . 3147
Trade receivables, outstanding period unspecified . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3148
Trade receivables outstanding from group companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3149
Trade receivables from group cos. o/s for more than 6 months . . . . . . . . . . . . . . . . . . . . . . . . . . 3150
Trade receivables from group cos. o/s for less than 6 months . . . . . . . . . . . . . . . . . . . . . . . . . . . 3151
Trade receivables outstanding from key management personnel(KMP) and entities in which KMP are interested . 3152
Trade receivables from KMP o/s for more than 6 months . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3153
Other trade receivables o/s from KMP . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3154
Bills receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3155
Other short term receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3156
Accrued income including interest receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3157
Lease rent receivable . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3158
Receivables on account of exchange fluctuations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3159
Receivables for sale of investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3160
Other miscellaneous receivables (incl. lease terminal adjustment) . . . . . . . . . . . . . . . . . . . . . . . . . . 3161
Inter-office adjustments of receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3162
Other non-banking current assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3163
Cash and bank balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3164
Cash balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3165
Cash in hand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3166
Cash in transit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3167
Cheques and drafts in hand . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3168
Bank balance . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3169
Balance in banks within India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3170
Current account in banks within India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3171
EEFC accounts in banks (Exchange earnings foreign currency) . . . . . . . . . . . . . . . . . . . . . . . . . . . 3172
Deposit accounts in banks within India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3173
Margin money with banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3174
Fixed deposits with banks . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3175
Fixed deposits lodged as security . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3176
Money at call with banks in India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3177
Balance in banks outside India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3178
Current account in banks outside India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3179
Deposit accounts in banks outside India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3180
Money at call with banks outside India . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3181
Balance with RBI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3182
Balances in earmarked accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3183
Unpaid dividend account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3184
Unpaid matured deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3186
Unpaid matured debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3187
Share application money due for refund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3188
Other earmarked accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3189
Other balances (incl. deposits with post offices, FIs, etc) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3190
Foreign currency account . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3191
Cash & bank balances on account of hiving of unit . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3192
Cash & bank balances on account of merger . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3193
Assets held for sale and transfer . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3194
Loans & advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3195
Loans and advances to employees and directors . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3196
Capital advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3197
Loans provided to companies, departmental undertakings and business enterprises . . . . . . . . . . . . . . . . . . . . 3198
Loans provided to group companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3199
Interest free loans provided to group companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3200
Interest bearing loans provided to group companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3201
Loans provided to non-group business enterprises . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3202
Interest free loans provided to non-group business enterprises . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3203
Interest bearing loans provided to non-group business enterprises . . . . . . . . . . . . . . . . . . . . . . . . . . . 3204
Cash (outflow) due to repayment of total borrowings (incl. Finance lease obligations) . . . . . . . . . . . . . . . . . . . 3322
Cash (outflow) due to repayment of long term liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3323
Cash (outflow) due to repayment of short term liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3324
Cash (outflow) due to issue expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3325
Cash (outflow) due to interest paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3326
Cash (outflow) due to dividend paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3327
Cash (outflow) due to dividend tax paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3328
Cash inflow or (outflow) due to other cash receipts or (payables) from financing activities . . . . . . . . . . . . . . . . . 3329
Cash inflow or (outflow) from exceptional items of financing activities . . . . . . . . . . . . . . . . . . . . . . . . . . 3330
Cash inflow / (outflow) due to financing activities of discontinued operations . . . . . . . . . . . . . . . . . . . . . . 3331
Net cash inflow or (outflow) due to net increase or (decrease) in cash and cash equivalents . . . . . . . . . . . . . . . . . 3332
Cash and cash equivalents as at the beginning of the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3333
Effect of exchange differences . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3334
Cash and cash equivalents as at the end of the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3335
Derived Indicators of Cash Flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3336
Operating cash flow before working capital changes (Derived) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3336
Cash inflow due to working capital changes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3337
Cash outflow due to working capital changes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3338
Adjustment for dividend income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3339
Adjustment for interest income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3340
Adjustment for other provn written back . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3341
Adjustment for non-cash non-operating expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3342
Adjustment for non-cash non-operating income . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3343
Cash flow due to dividend paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3344
Cash flow due to dividend tax paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3345
Cash flow due to issue expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3346
Cash flow due to interest paid . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3347
Cash flow due to miscellaneous expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3348
Cash flow due to purchase of fixed assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3349
Cash flow due to purchase of investments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3350
Cash flow due to redemption or buyback of capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3351
Cash flow due to repayment of borrowings . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3352
Cash flow due to repayment of long term liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3353
Cash flow due to repayment of short term liabilities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3354
Cash flow after tax and before prior and extraordinary transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3355
Cash flow before tax and prior and extraordinary transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3356
Cash flow from operating activites . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3357
Net cash flow from finance activites . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3358
Net cash flow from investment activites . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3359
Operating, investment and finance activities net cash flow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3360
Net change in cash & cash equivalents . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3361
Cash inflow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3362
Cash inflow from finance activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3362
Cash inflow from invest activities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3363
Merger or hiving off of companies or units . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3364
Decrease in advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3365
Bank balance not considered as cash equivalent (Inflow) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3366
Decrease in capital work in progress . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3367
Decrease in inventories . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3368
Increase in trade & other payables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3369
Decrease in trade & other receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3370
Increase in deposits . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3371
Cash inflow due to direct taxes refund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3372
Disbursements (Inflow) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3373
Cash inflow due to extraordinary items . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3374
Loans from other companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3375
Loans from subs or group companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3376
Total No. of borrowers whose accounts are restructured (corporate debt restructuring) . . . . . . . . . . . . . . . . . . 3802
No. of borrowers whose accounts (standard) are restructured (corporate debt restructuring) . . . . . . . . . . . . . . 3803
No. of borrowers whose accounts (sub-standard) are restructured (corporate debt restructuring) . . . . . . . . . . . . 3804
No. of borrowers whose accounts (doubtful) are restructured (corporate debt restructuring) . . . . . . . . . . . . . . 3805
No. of borrowers whose accounts (loss) are restructured (corporate debt restructuring) . . . . . . . . . . . . . . . . . 3806
Disclosures relating to Securitisation/Special Purpose Vehicles & Minimum Retention Requirements . . . . . . . . . . . . 3807
No of SPVs sponsored by the bank for securitisation transactions . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3807
Total amount of securitised assets as per books of the SPVs sponsored by the bank . . . . . . . . . . . . . . . . . . . . 3808
Details of assets sold to securitisation company/reconstruction company . . . . . . . . . . . . . . . . . . . . . . . . . . . 3809
Number of accounts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3809
Aggregate value (net of provisions) of accounts sold to sc/rc . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3810
Aggregate consideration . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3811
Additional consideration realised in respect of accounts transferred in earlier yrs. . . . . . . . . . . . . . . . . . . . . . 3812
Aggregate gain over net book value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3813
Details of non-performing financial assets (NPFA) purchased . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3814
No. of non-performing A/Cs purchased during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3814
Of these, number of non-performing A/Cs restructured during the year . . . . . . . . . . . . . . . . . . . . . . . . . . 3815
Aggregate outstanding of NPFA purchased . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3816
Of these, Aggregate outstanding of NPFAs restructured . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3817
Details of non-performing financial assets (NPFA) sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3818
No. of non-performing A/Cs sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3818
Aggregate outstanding of NPFA sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3819
Aggregate consideration received for NPFA sold . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3820
Total book value of investments in security receipts . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3821
Security receipts backed by NPAs sold by the bank as underlying . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3822
Security receipts backed by NPAs sold by other banks / financial institutions / NBFCs as underlying . . . . . . . . . . . 3823
Investment classified as held to maturity (htm) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3824
Govt securities (htm) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3825
Other approved securities (htm) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3826
Shares (htm) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3827
Debentures/bonds (htm) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3828
Joint ventures (htm) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3829
Others (htm) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3830
Investment classified as available for sale (afs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3831
Govt securities (afs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3832
Other approved securities (afs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3833
Shares (afs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3834
Debentures/bonds (afs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3835
Joint ventures (afs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3836
Others (afs) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3837
Investment classified as available for trade (aft) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3838
Govt securities (aft) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3839
Other approved securities (aft) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3840
Shares (aft) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3841
Debentures/bonds (aft) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3842
Joint ventures (aft) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3843
Others (aft) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3844
Divergence in asset classification and provisioning for NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3845
Gross NPAs for the previous year as reported by the bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3845
Gross NPAs for the previous year as assessed by RBI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3846
Divergence in Gross NPA for the previous year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3847
Net NPAs for the previous year as reported by the bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3848
Net NPAs for the previous year as assessed by RBI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3849
Divergence in Net NPA for the previous year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3850
Provisioning for NPAs for the previous year as reported by the bank . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3851
Provisioning for NPAs for the previous year as assessed by RBI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3852
Divergence in provisioning for the previous year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3853
Reported Net Profit After Tax for the previous year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3854
Notional PAT for the previous year after adjusting divergence in provisioning . . . . . . . . . . . . . . . . . . . . . . . 3855
Sector Wise - NPAs & Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3856
Sector Wise NPA - NPA as a % of total advances in that sector . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3856
Priority Sector - NPA as a % of total advances in that sector . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3856
Agriculture & Allied activities - Priority Sector NPA % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3857
Industry (Micro, Small, Medium and Large) - Priority Sector NPA % . . . . . . . . . . . . . . . . . . . . . . . . . 3858
Services - Priority Sector NPA % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3859
Personal Loans - Priority Sector NPA % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3860
Other - Priority Sector NPA % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3861
Non-Priority Sector - NPA as a % of total advances in that sector . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3862
Agriculture & Allied activities - Non-Priority Sector NPA % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3863
Industry (Micro, Small, Medium and Large) - Non-Priority Sector NPA % . . . . . . . . . . . . . . . . . . . . . . . 3864
Services - Non-Priority Sector NPA % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3865
Personal Loans - Non-Priority Sector NPA % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3866
Other - Non-Priority Sector NPA % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3867
Total - Sector-wise NPA as a % of total advances in that sector . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3868
Agriculture & Allied activities - Total NPA % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3869
Industry (Micro, Small, Medium and Large) - Total NPA % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3870
Services - Total NPA % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3871
Personal Loans - Total NPA % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3872
Other sector - Total NPA % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3873
Sector Wise Gross NPAs (Amount) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3874
Priority Sector - Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3874
Agriculture & Allied activities - Priority Sector Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3875
Industry (Micro, Small, Medium and Large) - Priority Sector Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . 3876
Services - Priority Sector Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3877
Personal Loans - Priority Sector Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3878
Other - Priority Sector Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3879
Non-Priority Sector - Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3880
Agriculture & Allied activities - Non-Priority Sector Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . 3881
Industry (Micro, Small, Medium and Large) - Non-Priority Sector Gross NPAs . . . . . . . . . . . . . . . . . . . . 3882
Services - Non-Priority Sector Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3883
Personal Loans - Non-Priority Sector Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3884
Other - Non-Priority Sector Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3885
Total - Setor Wise Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3886
Agriculture & Allied activities - Total Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3887
Industry (Micro, Small, Medium and Large) - Total Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3888
Services - Total Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3889
Personal Loans - Total Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3890
Other sector - Total Gross NPAs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3891
Sector Wise O/S Total Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3892
Priority Sector - Total Outstanding (o/s) Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3892
Agriculture & Allied activities - Priority Sector Total o/s Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . 3893
Industry (Micro, Small, Medium and Large) - Priority Sector Total o/s Advances . . . . . . . . . . . . . . . . . . . 3894
Services - Priority Sector Total o/s Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3895
Personal Loans - Priority Sector Total o/s Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3896
Other - Priority Sector Total o/s Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3897
Non-Priority Sector - Outstanding (o/s) Total Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3898
Agriculture & Allied activities - Non - Priority Sector Total (o/s) Advances . . . . . . . . . . . . . . . . . . . . . . 3899
Industry (Micro, Small, Medium and Large) - Non - Priority Sector Total (o/s) Advances . . . . . . . . . . . . . . . 3900
Services - Non - Priority Sector Total (o/s) Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3901
Personal Loans - Non - Priority Sector Total (o/s) Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3902
Other - Non - Priority Sector Total (o/s) Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3903
Total - Sector Wise Outstanding (o/s) Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3904
Agriculture & Allied activities - Total o/s Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 3905
Industry (Micro, Small, Medium and Large) - Total o/s Advances . . . . . . . . . . . . . . . . . . . . . . . . . . . 3906
By major industry or counter party type (NPA & provisions) - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . 4232
Amount of NPA and past due loans available separately (by major industry) - Basel III . . . . . . . . . . . . . . . . . 4232
Specific and general provisions (by major industry) - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4233
Specific provisions and write-offs during the current period (by major industry) - Basel III . . . . . . . . . . . . . . . 4234
By significant geographical areas (NPA & Provisions) - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4235
Amount of NPA and past due loans available separately (by significant geo. Area) - Basel III . . . . . . . . . . . . . . 4235
Provisions (by significant geo. Area) - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4236
Credit risk mitigation : Disclosures for standardised approach - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . 4237
Total exposure that is covered by eligible financial collateral (after the application of haircuts) - Basel III . . . . . . . . . 4237
Fund based exposure that is covered by eligible financial collateral (after the application of haircuts) - Basel III . . . . . 4238
Non fund based exposure that is covered by eligible financial collateral (after the application of haircuts) - Basel III . . 4239
Total exposure covered by guarantees/credit derivatives - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4240
Securitisation : Disclosure for standardised approach - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4241
Total outstanding exposures securitised (exposure types) - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4241
Securitised vehicle / equipment / auto loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4242
Securitised commercial vehicle loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4243
Securitised two wheeler loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4244
Securitised loan against property (home/housing loans/home equity loans) - Basel III . . . . . . . . . . . . . . . . . . 4245
Securitised personal loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4246
Securitised corporate loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4247
Securitised loans against rent receivables - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4248
Securitised other loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4249
Amount of impaired/past due assets securitised - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4250
Securitised impaired/past vehicle/equipment/auto loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4251
Securitised impaired/past commercial vehicle loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4252
Securitised impaired/past two wheeler loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4253
Securitised impaired/past loan against property (home/housing loans/home equity loans) - Basel III . . . . . . . . . . . 4254
Securitised impaired/past personal loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4255
Securitised impaired/past corporate loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4256
Securitised impaired/past loans against rent receivables - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4257
Securitised impaired/past other loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4258
Securitisation Losses by exposure type - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4259
Securitisation losses of vehicle/equipment/auto loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4260
Securitisation losses of commercial vehicle loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4261
Securitisation losses of two wheeler loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4262
Securitisation losses of loan against property (home/housing loans/home equity loans) - Basel III . . . . . . . . . . . . 4263
Securitisation losses of personal loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4264
Securitisation losses of corporate loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4265
Securitisation losses of loans against rent receivables - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4266
Securitisation losses of other loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4267
Amount of securitisation exposures retained or purchased by exposure type - Basel III . . . . . . . . . . . . . . . . . . . 4268
Retained/purchased securitised vehicle / equipment / auto loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . 4269
Retained/purchased securitised commercial vehicle loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . 4270
Retained/purchased securitised two wheeler loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4271
Retained/purchased securitised loan against property (home/housing loans/home equity loans) - Basel III . . . . . . . . 4272
Retained/purchased securitised personal loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4273
Retained/purchased securitised corporate loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4274
Retained/purchased securitised loans against rent receivables - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . 4275
Retained/purchased securitised other loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4276
Securitisation exposure (retained or purchased) with risk weight less than 100% - Basel III . . . . . . . . . . . . . . . . 4277
Securitisation exposure (retained or purchased) with risk weight equal to 100% - Basel III . . . . . . . . . . . . . . . . . 4278
Securitisation exposure (retained or purchased) with risk weight more than 100% - Basel III . . . . . . . . . . . . . . . 4279
Securitisation exposure deducted entirely from Tier I - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4280
Securitised vehicle / equipment / auto loans deducted entirely from Tier I - Basel III . . . . . . . . . . . . . . . . . . . 4281
Securitised commercial vehicle loans deducted entirely from Tier I - Basel III . . . . . . . . . . . . . . . . . . . . . 4282
Securitised two wheeler loans deducted entirely from Tier I - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . 4283
Securitised loan against property (home/housing loans/home equity loans) deducted entirely from Tier I - Basel III . . . 4284
Securitised personal loans deducted entirely from Tier I - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4285
Corporate loans deducted entirely from Tier I - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4286
Securitised loans against rent receivables deducted entirely from Tier I - Basel III . . . . . . . . . . . . . . . . . . . . 4287
Securitised other loans deducted entirely from Tier I - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4288
Credit enhancement (interest only) of securitisation exposure deducted from total capital - Basel III . . . . . . . . . . . . 4289
Vehicle / equipment / auto loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4290
Commercial vehicle loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4291
Two wheeler loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4292
Loan against property (home/housing loans/home equity loans) - Basel III . . . . . . . . . . . . . . . . . . . . . . . . 4293
Personal loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4294
Corporate loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4295
Loans against rent receivables - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4296
Others - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4297
Other securitisation exposure deducted from total capital - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4298
Securitised vehicle / equipment / auto loans exposure deducted from total capital - Basel III . . . . . . . . . . . . . . . 4299
Securitised commercial vehicle loans exposure deducted from total capital - Basel III . . . . . . . . . . . . . . . . . 4300
Securitised two wheeler loans exposure deducted from total capital - Basel III . . . . . . . . . . . . . . . . . . . . . 4301
Securitised loan against property (home/housing loans/home equity loans) exposure deducted from total capital - Basel III4302
Securitised personal loans exposure deducted from total capital - Basel III . . . . . . . . . . . . . . . . . . . . . . . . 4303
Securitised corporate loans exposure deducted from total capital - Basel III . . . . . . . . . . . . . . . . . . . . . . . 4304
Securitised loans against rent receivables exposure deducted from total capital - Basel III . . . . . . . . . . . . . . . . 4305
Securitised other loans exposure deducted from total capital - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . 4306
Total number of loan assets securitised - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4307
Number of securitised vehicle / equipment / auto loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4308
Number of securitised commercial vehicle loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4309
Number of securitised two wheeler loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4310
Number of securitised loan against property (home/housing loans/home equity loans) - Basel III . . . . . . . . . . . . 4311
Number of securitised personal loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4312
Number of securitised corporate loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4313
Number of securitised loans against rent receivables - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4314
Number of securitised others loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4315
Book value of loan assets securitised - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4316
Book value of securitised vehicle / equipment / auto loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . 4317
Book value of securitised commercial vehicle loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4318
Book value of securitised two wheeler loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4319
Book value of securitised loan against property (home/housing loans/home equity loans) - Basel III . . . . . . . . . . . 4320
Book value of securitised personal loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4321
Book value of securitised corporate loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4322
Book value of securitised loans against rent receivables - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4323
Book value of securitised others loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4324
Sale consideration received for the securitised assets - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4325
Sale consideration from securitisation of vehicle / equipment / auto loans - Basel III . . . . . . . . . . . . . . . . . . . 4326
Sale consideration from securitisation of commercial vehicle loans - Basel III . . . . . . . . . . . . . . . . . . . . . 4327
Sale consideration from securitisation of two wheeler loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . 4328
Sale consideration from securitisation of loan against property (home/housing loans/home equity loans) - Basel III . . . 4329
Sale consideration from securitisation of personal loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4330
Sale consideration from securitisation of corporate loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . 4331
Sale consideration from securitisation of loans against rent receivables - Basel III . . . . . . . . . . . . . . . . . . . . 4332
Sale consideration from securitisation of other loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4333
Net gain/(loss) on account of securitised assets - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4334
Net gain/loss from securitisation of vehicle / equipment / auto loans - Basel III . . . . . . . . . . . . . . . . . . . . . 4335
Net gain/loss from securitisation of commercial vehicle loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . 4336
Net gain/loss from securitisation of two wheeler loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4337
Net gain/loss from securitisation of loan against property (home/housing loans/home equity loans) - Basel III . . . . . 4338
Net gain/loss from securitisation of personal loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4339
Net gain/loss from securitisation of corporate loans - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4340
Net gain/loss from securitisation of loans against rent receivables - Basel III . . . . . . . . . . . . . . . . . . . . . . . 4341
Adjustment for securities financing transactions (i.e. repos and similar secured lending) - Basel III . . . . . . . . . . . . 4387
Adjustment for off-balance sheet items (i.e. Conversion to credit equivalent amounts of off-balance sheet exposures) - Basel III4388
Other adjustments - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4389
Leverage ratio exposure - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4390
Leverage ratio common disclosure template - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4391
Total on-balance sheet exposures - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4391
On-balance sheet items (excluding derivatives and SFTs, but including collateral) - Basel III . . . . . . . . . . . . . . 4392
(Asset amounts deducted in determining Basel III Tier 1 capital) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4393
Derivative exposures - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4394
Replacement cost associated with all derivatives transactions (i.e. net of eligible cash variation margin) - Basel III . . . 4395
Add-on amounts for PFE associated with all derivatives transactions - Basel III . . . . . . . . . . . . . . . . . . . . . 4396
Gross-up for derivatives collateral provided where deducted from the balance sheet assets pursuant to the operative accounting framework - Ba
(Deductions of receivables assets for cash variation margin provided in derivatives transactions) - Basel III . . . . . . . 4398
(Exempted CCP leg of client-cleared trade exposures) - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4399
Adjusted effective notional amount of written credit derivatives - Basel III . . . . . . . . . . . . . . . . . . . . . . . . 4400
(Adjusted effective notional offsets and add-on deductions for written credit derivatives) - Basel III . . . . . . . . . . . 4401
Securities financing transaction exposures - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4402
Gross SFT assets (with no recognition of netting), after adjusting for sale accounting transactions - Basel III . . . . . . 4403
(Netted amounts of cash payables and cash receivables of gross SFT assets) - Basel III . . . . . . . . . . . . . . . . . 4404
CCR exposure for SFT assets - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4405
Agent transaction exposures - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4406
Other off-balance sheet exposures - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4407
Off-balance sheet exposure at gross notional amount - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4408
(Adjustments for conversion to credit equivalent amounts) - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . 4409
Capital and total exposures - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4410
Tier 1 capital - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4410
Total exposures - Basel III . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4411
Basel III leverage ratio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4412
Disclosures for housing finance and NBFCs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4413
Disclosure of housing finance companies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4413
Housing finance companies total assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4413
Housing finance companies standard assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4414
Housing loans (standard assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4415
Other than housing loans (standard assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4416
Housing finance companies sub-standard assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4417
Housing loans (sub-standard assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4418
Other than housing loans (sub-standard assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4419
Housing finance companies doubtful assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4420
Housing loans (doubtful assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4421
Housing loan - doubtful assets - category-I (up to one year) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4422
Housing loan - doubtful assets - category-II (one to three years) . . . . . . . . . . . . . . . . . . . . . . . . . . . 4423
Housing loan - doubtful Assets - category-III (more than three years) . . . . . . . . . . . . . . . . . . . . . . . . . 4424
Other than housing loans (doubtful assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4425
Non housing loan - doubtful Assets - category-I (up to one year) . . . . . . . . . . . . . . . . . . . . . . . . . . . 4426
Non housing loan - doubtful Assets - category-II (one to three years) . . . . . . . . . . . . . . . . . . . . . . . . . 4427
Non housing loan - doubtful Assets - category-III (more than three years) . . . . . . . . . . . . . . . . . . . . . . 4428
Housing finance companies loss assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4429
Housing loans (loss assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4430
Other than housing loans (loss assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4431
Housing finance companies total investment . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4432
Housing finance companies investment in shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4433
Housing finance companies investment in mutual fund . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4434
Housing finance companies investment in debentures . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4435
Housing finance companies investment in other assets/receivables . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4436
Housing finance companies total provision for contingencies . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4437
Housing finance companies provision for contingent standard assets . . . . . . . . . . . . . . . . . . . . . . . . . . . 4438
Housing loans (provision for contingent standard assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4439
Other than housing loans (provision for contingent standard assets) . . . . . . . . . . . . . . . . . . . . . . . . . . 4440
Housing finance companies provision for contingent sub-standard assets . . . . . . . . . . . . . . . . . . . . . . . . . 4441
Housing loans (provision for contingent sub-standard assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4442
Other than housing loans (provision for contingent sub-standard assets) . . . . . . . . . . . . . . . . . . . . . . . . 4443
Housing finance companies provision for contingent doubtful assets . . . . . . . . . . . . . . . . . . . . . . . . . . . 4444
Housing loans (provision for contingent doubtful assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4445
Other than housing loans (provision for contingent doubtful assets) . . . . . . . . . . . . . . . . . . . . . . . . . . 4446
Housing finance companies provision for contingent loss assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4447
Housing loans (provision for contingent loss assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4448
Other than housing loans (provision for contingent loss assets) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4449
Housing finance companies provision for contingent investment in shares . . . . . . . . . . . . . . . . . . . . . . . . 4450
Housing finance companies provision for contingent investment in mutual fund . . . . . . . . . . . . . . . . . . . . . 4451
Housing finance companies provision for contingent investment in debentures . . . . . . . . . . . . . . . . . . . . . . 4452
Housing finance companies provision for contingent investment in other assets/receivables . . . . . . . . . . . . . . . 4453
Housing finance companies borrowings from nhb . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4454
Sector Wise NPA - NPA as a % of total advances in that sector (Housing Loan) . . . . . . . . . . . . . . . . . . . . . . 4455
Housing Loan - individuals % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4455
Housing Loan - builders / project Loans % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4456
Housing Loan - corporates % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4457
Housing Loan - others % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4458
Non-housing Loan - individuals % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4459
Non-housing Loan - builders / project Loans % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4460
Non-housing Loan - corporates % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4461
Non-housing Loan - others % . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4462
Reserve Fund u/s 29C of NHB Act, 1987 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4463
Balance of reserve fund u/s 29C at the beginning of the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4463
Statutory reserve u/s 29C of the NHB Act,1987 at the beginning of the year . . . . . . . . . . . . . . . . . . . . . . 4464
Amt of special reserve u/s 36(1)(viii) of IT Act taken into account for the purposes of stat reserve u/s 29C of NHB Act at the beginning of the
Addition of reserve fund u/s 29C during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4466
Amt transferred to statutory reserve u/s 29C of the NHB Act,1987 . . . . . . . . . . . . . . . . . . . . . . . . . . . 4467
Amt transferred to special reserve u/s 36(1)(viii) of IT Act taken into account for the purposes of statutory reserve u/s 29C of the NHB Act44
Appropriation / Withdrawal of reserve fund u/s 29C during the year . . . . . . . . . . . . . . . . . . . . . . . . . . . 4469
Amt appropriated from the statutory reserve u/s 29C of the NHB Act,1987 . . . . . . . . . . . . . . . . . . . . . . . 4470
Amt withdrawn from the special resv u/s 36(1)(viii) of IT Act taken into account for the purpose of statutory resv provision u/s 29C of the NH
Balance of reserve fund u/s 29C at the end of the year . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4472
Statutory reserve u/s 29C of the NHB Act,1987 at the end of the year . . . . . . . . . . . . . . . . . . . . . . . . . 4473
Amt of special resv u/s 36(1)(viii) of IT Act taken into account for the purposes of statutory resv u/s 29C of the NHB Act at the end of the ye
Disclosure of housing finance & ND SI NBFCs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4475
Capital to risk (weighted) asset ratio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4475
Total risk weighted assets and contingencies of NBFCs . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4475
CRAR (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4476
CRAR - Tier 1 capital (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4477
CRAR - Tier 2 capital (%) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4478
CRAR - Total capital(amount) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4479
CRAR - Tier 1 capital (amount) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4480
CRAR - Tier 2 capital (amount) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4481
Subordinated debt raised as Tier-II capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4482
Issue of Perpetual Debt Instruments . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4483
% of perpetual debt to Tier I capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4484
Real estate exposure (NBFC) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4485
Direct exposure to real estate sector (NBFC) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4486
Residential mortgages (NBFC) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4487
Commercial real estate (NBFC) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4488
Investment in mortage backed securities (NBFC) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4489
Investment in mortgage backed securities - Residential (NBFC) . . . . . . . . . . . . . . . . . . . . . . . . . . . 4490
Investment in mortgage backed securities - Commercial real estate (NBFC) . . . . . . . . . . . . . . . . . . . . . 4491
Indirect exposure to real estate sector (NBFC) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 4492
Reserves . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5455
Paid up capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5456
Premium . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5457
Share premium . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5458
Shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5459
Additional shares . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5460
PAT (net of P & E) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5461
Face value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5462
Dividend rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5463
Dividend outgo . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5464
Book value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5465
Dividend Declarations . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5465
Prowess company code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5466
Date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5467
Dividend type . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5468
Dividend rate . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5469
Dividend record date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5470
BSE ex-dividend date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5471
NSE ex-dividend date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5472
Forthcoming Capital Issues . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5472
Prowess company code . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5473
Forthcoming issue date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5474
Forthcoming issue type . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5475
Sequence number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5476
Security type . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5477
Security amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5478
Security face value . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5479
Premium per share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5480
Additional securities . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5481
Additional paid up capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5482
Increased paid up capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5483
Date of announcement . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5484
Forthcoming issue text . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5485
Shares per warrant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5486
Warrants per security . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5487
Ratio denominator . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5488
Ratio numerator . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5489
Conversion price of warrant . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5490
Record date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5491
NSE ex-date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5492
BSE ex-date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5493
Changes in Capital . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5493
Prowess company name . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5494
Issue date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5495
Issue type . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5496
Security type . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5497
Issue sequence number . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5498
Conversion ratio . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5499
Initial public offering . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5500
Final total share outstanding . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5501
Securities converted . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5502
BSE ex date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5503
NSE ex date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5504
Record date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5505
Issue closing date . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5506
Security Amount . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5507
Face value of share . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5508
Chapter 1
• 23 - Arunachal Pradesh
• 24 - Goa
• 25 - Uttaranchal
• 26 - Chhattisgarh
• 27 - Jharkhand
• 52 - Andaman & Nicobar
• 53 - Chandigarh
• 54 - Dadra & Nagar Haveli
• 55 - Delhi
• 56 - Daman & Diu
• 57 - Lakshadweep
• 58 - Mizoram
• 59 - Pondicherry
• 60 - Pune
• 61 - Coimbatore
• 62 - Telangana
All companies in the Prowess database are mapped to a product or a service in CMIE’s standardised products and
services classification. This mapping reflects the company’s main economic activity during a year.
For example, a company that essentially manufactures fertilisers is mapped to fertilisers in the standardised products
and services classification. A company that is engaged essentially in trading in fertilisers is mapped to trading.
What matters is the economic activity and not just the product involved.
A company’s industry classification can change over time. Thus, every company is mapped to the products and
services classification for each of the years for which its financial statements are available. However, in this
datafield only the latest classification is available.
This data field stores the main product/service group for the latest period for which some financial performance
data is available. The main product/ service group of a company is stored for every annual financial period for
which data is available and also for every quarter for which financial data is available. The former is sourced from
the Annual Report and the latter is available only for listed companies. The main product/service group in the latest
of these financial records is stored in this data field.
In some cases a company may exist in the Prowess database and it may have no financial records based on quarterly
releases or Annual Report. This happens when a large company makes an initial public offering of shares. In such
cases, the classification is derived from the offer document.
CMIE’s standardised products and services classification is a tree-like organisation of all products and services.
The structure can be picturised as a set of groups of products/services at the broadest level. For example, chemicals
or base metals are broad groups. Each such group consists of sub-groups of products/services. A sub-group can
again consist of sub-sub-groups and, so on. Finally, all groups, sub-groups, sub-sub-sub groups, etc. consist of
individual products or services. The groups and sub-groups are a way of organising products/services into logical
collections.
Such an organisation can be called a "tree" structure, where each group is a node and each product is a leaf. A node
consists of further nodes or leaves. A leaf is the final product in a branch.
This logical organisation of products/services encapsulates knowledge of the organisation of products and services.
For example, it contains the knowledge that chloroform is also called tri-chloromethane, which is one of the various
chloromethanes, which in turn is a halogenated derivative of hydrocarbons.
The product and services classification developed by CMIE is based on the Indian Trade Classification (ITC) which,
in turn is based on the Harmonised Commodity Description and Coding System, commonly known as the HS. The
ITC system covers only commodities and no services or utilities. CMIE has added these for its classification
system.
A company is classified under a particular industry if more than half of its sales originates from the particular
industry or industry group. The industry group could be any product or a product group in the CMIE products and
services classification structure.
The detailed break-up of sales provided by companies in their Annual Reports under section 3(i), (ii) and 4(D) of
Part II of Section VI of the Companies Act, 1956 is the main source of the information used to classify companies
by industry groups. At times, information is also taken from other sources within the Annual Report. Typically,
companies reveal their income from services in the profit and loss account or in the Schedules to these and not
in the disclosures mentioned above. Sometimes, CMIE accesses information available outside the Annual Report
also. But such cases are rare.
A company is classified at the most detailed possible level in the CMIE industry classification structure - possibly,
at some leaf-level product in the classification structure.
However, if it is not possible to classify the company against a single product (i.e. if the sales from no single
product accounts for more than half the sales of the company), then CMIE tries to classify the company at the first
level of aggregation, i.e. it tries to find the logical group of products corresponding to a node in the structured
classification system, whose sales account for more than half of the sales of the company. And, if even this does
not work, the effort moves up the classification structure to broader groups, till the sales of all the products under
the node collectively account for more than half the sales of the company.
For example, take a company manufacturing urea, ammonium chloride, single super phosphate and diammonium
phosphate. We see that all these chemicals are fertilisers. If say, urea accounted for more than half the sales of the
company, it would be classified as a urea company. However, if no single product accounted for more than half the
sales, but urea and ammonium chloride together accounted for more than half the sales, then the company would
be classified as a nitrogenous fertiliser manufacturing company. If even these did not collectively account for more
than half the sales, then the company would be classified as a fertiliser manufacturing company.
If a company cannot be classified under any product or product group in the industry classification structure because
there are a large number of products and none of them singly or logically collectively account for more than half
the total sales of the company at any node, then the company is classified as a diversified company.
Each company in the database is classified uniquely against only one industry in the CMIE classification of products
and services for a year.
Products and services classification tree
business is hived off from a company and turned into a new business, or when a government department becomes a
company under the Companies Act. We have tried to correct for this anomaly in recent years. But, it is not possible
to entirely deal with the past. Thus, for all practical purposes we use the year of incorporation as the measure of
the age of a company.
Each company in the database is classified uniquely against only one age group. Unlike other classifications, the
age-group classification is a relatively static classification and does not change from year to year.
This data field stores the size decile (decile1, decile2,...decile10) of the company.
Companies are classified by size, based on their relative position in the overall distribution of companies by size.
There are two problems we grapple within doing so. The first problem is the indicator to be used for measurement
of size and the second is the definition of the size bins.
More importantly, a purely trading company’s sales is larger than its true size as compared to the sales of a manu-
facturing company. In such a case, assets could be a better measure of size. The size of the assets of a company is
also not vulnerable to business cycles.
However, assets have a valuation problem. The total assets of a company is the sum of different historical values
of different components of total assets. Further, different companies use different rates of depreciation. This has
implications on the values of total net assets of the companies. Assets also end up underestimating the size of large
labour-intensive service industry companies such as software development.
Measures such as profits or value added can assume negative values and run against our intuitive thinking of size.
These values are a lot more volatile than sales or assets and therefore not suitable for measurement of size.
Interestingly, the problems in sales and assets as measures of size offset each other and thus a combination of the
two is a good measure of the size of a company. While sales are vulnerable to business cycles, assets are not. While
assets understate the importance of the services sector, sales do not. While assets have a valuation problem, sales
is the least controversial. Sales and assets, therefore are complimentary measures in many ways in determining the
size of a company.
Size is thus defined in the Prowess database as the three-year average of the total income and total assets of a
company. I.e. Size = 3 − yearaverage(totalincome + totalassets)
To make the deciles, CMIE sorts the companies in descending order of size. This sorted list is divided into ten
equal parts. The cut off points are the limits of the ten size bins for deciles. Such an exercise is carried out twice
a year for all companies for all years in the database. Each such exercise leads to the generation of new cut-off
points.
Since the bins are created every six months, it is possible that companies do move from one bin to another depending
upon its new position in the new distribution of all companies.
Chapter 2
Table : Subsidiaries
Indicator : Prowess company code
Field : sbshist_cocode
Data Type : Number
Unit : Code
Description:
CMIE company code is a numerical code assigned to every company in the CMIE database. This code is unique to
each company. No two companies have the same CMIE company code.
Once alloted, this code is never changed. It is not changed even if the company is merged into another company.
It does not change even if a division of the company is hived off or spun off into a separate company. It does not
change even if the company acquired another company.
The CMIE company code gives a unique identity to the company. It helps in identifying the company across various
tables within the Prowess database. Each table provides a specific kind of information of a company. Information
in any table mapped to a particular company code relates to the company identified by that company. In that sense,
the CMIE company code is an important indicator of the identity of companies. The code can be obtained by using
the identity indicators query trigger in Prowess.
Since the CMIE company code is unique to each company, it would be useful for users to extract the code along
with the company name while dealing with large data sets. It is particularly advisable to do so when a user plans to
take the data outside Prowess into, for example, a spreadsheet for processing or any other use such as comparison
with data obtained from other applications. The CMIE company code comes quite handy while mapping the output
from Prowess with the output from other databases.
Table : Subsidiaries
Indicator : Date
Field : sbshist_date
Data Type : Date
Unit : Date
Description:
This datafield stores the date as mentioned on the annual report.
Companies, as a part of related party disclosure, disclose the names of their subsidiaries in the annual report.
A subsidiary is an enterprise that is controlled by another enterprise(known as the parent).
Table : Subsidiaries
Indicator : Name of subsidiary
Field : subsi_name
Data Type : Text limited to 80 characters
Unit : Text
Description:
This field captures the name of the subsidiary of the company.
Companies, as a part of related party disclosure, disclose the names of their subsidiaries in the annual report.
A subsidiary is an enterprise that is controlled by another enterprise(known as the parent).
Table : Subsidiaries
Indicator : Effective date
Field : subsi_effective_date
Data Type : Date
Unit : Date
Description:
This datafield stores the date since when the subsidiary was made a part of the parent company.
Table : Subsidiaries
Indicator : Order of appearance of subsidiary
Field : sbshist_order
Data Type : Number
Unit : Number
Description:
This datafield stores a number that determines the order in which the name of a subsidiary is supposed to appear in
any output. The order in which the names of subsidiaries are shown in the output is mostly similar to the order that
is there in the annual report.
Table : Auditors
Indicator : Prowess company code
Field : audhist_cocode
Data Type : Number
Unit : Code
Description:
CMIE company code is a numerical code assigned to every company in the CMIE database. This code is unique to
each company. No two companies have the same CMIE company code.
Once alloted, this code is never changed. It is not changed even if the company is merged into another company.
It does not change even if a division of the company is hived off or spun off into a separate company. It does not
change even if the company acquired another company.
The CMIE company code gives a unique identity to the company. It helps in identifying the company across various
tables within the Prowess database. Each table provides a specific kind of information of a company. Information
in any table mapped to a particular company code relates to the company identified by that company. In that sense,
the CMIE company code is an important indicator of the identity of companies. The code can be obtained by using
the identity indicators query trigger in Prowess.
Since the CMIE company code is unique to each company, it would be useful for users to extract the code along
with the company name while dealing with large data sets. It is particularly advisable to do so when a user plans to
take the data outside Prowess into, for example, a spreadsheet for processing or any other use such as comparison
with data obtained from other applications. The CMIE company code comes quite handy while mapping the output
from Prowess with the output from other databases.
Table : Auditors
Indicator : Date
Field : audhist_date
Data Type : Date
Unit : Date
Description:
This datafield stores the accounting year end of the company. It is the date as mentioned in the annual report.
Table : Auditors
Indicator : Auditor
Field : auditor_name
Data Type : Text limited to 80 characters
Unit : Text
Description:
This datafield stores the name of the auditing firm of the company. The name of the auditor is captured from the
‘Auditors’ Report’ in the annual report.
Table : Auditors
Indicator : Partner name
Field : auditor_partner_name
Data Type : Text limited to 52 characters
Unit : Text
Description:
This data field stores the name of partner of the auditing firm who signs the accounts of the company. The name of
the partner is disclosed in the ‘Auditors’ report’ of the annual report.
Table : Auditors
Indicator : Order
Field : audhist_order
Data Type : Number
Unit : Number
Description:
A company may have multiple auditors in a year. This datafield stores the order in which the auditors should appear
in the Prowess output.
Table : Bankers
Indicator : Prowess company code
Field : bnkhist_cocode
Data Type : Number
Unit : Code
Description:
CMIE company code is a numerical code assigned to every company in the CMIE database. This code is unique to
each company. No two companies have the same CMIE company code.
Once alloted, this code is never changed. It is not changed even if the company is merged into another company.
It does not change even if a division of the company is hived off or spun off into a separate company. It does not
change even if the company acquired another company.
The CMIE company code gives a unique identity to the company. It helps in identifying the company across various
tables within the Prowess database. Each table provides a specific kind of information of a company. Information
in any table mapped to a particular company code relates to the company identified by that company. In that sense,
the CMIE company code is an important indicator of the identity of companies. The code can be obtained by using
the identity indicators query trigger in Prowess.
Since the CMIE company code is unique to each company, it would be useful for users to extract the code along
with the company name while dealing with large data sets. It is particularly advisable to do so when a user plans to
take the data outside Prowess into, for example, a spreadsheet for processing or any other use such as comparison
with data obtained from other applications. The CMIE company code comes quite handy while mapping the output
from Prowess with the output from other databases.
Table : Bankers
Indicator : Date
Field : bnkhist_date
Data Type : Date
Unit : Date
Description:
This datafield stores the date of the year-ending of the company’s Annual Report.
Table : Bankers
Indicator : Bank
Field : banker_name
Data Type : Text limited to 80 characters
Unit : Text
Description:
This datafield stores the name of the bank which is the banker to the company. A company may have more than
one banker.
Table : Bankers
Indicator : Order
Field : bnkhist_order
Data Type : Number
Unit : Number
Description:
A company can have multiple bankers. This datafield stores a number that determines the order in which the banks
should appear in the output.
Chapter 3
Financial Statements
Indicator : Year
Fields & formula : finance_year
This data field or indicator represents the last day of the accounting period for which the company presented its
financial statements. The indicator is stored in the database in the YYYYMMDD format. For example, where the
financial statements of the company cover the period beginning on 1 April 2004 and ending on 31 March 2005,
the value entered in this indicator / data field will be 20050331, with 2005 being the year, 03 being the month
of March and 31 being the last date in the month of March. The financial years of most companies in India end
on 31 March. However, it is not necessary that the financial years of all companies end on 31 March. Financial
years of some companies end in September while financial years of some others end in December. The financial
years of some may even end in June. For example, companies such as Videocon Industries, Siemens, M R F, Shree
Precoated Steels, Shree Renuka Sugars, Escorts, Sujana Metal Products, Triveni Engineering & Inds,. Balrampur
Chini Mills, Isgec Heavy Engg., Bajaj Hindusthan presented their annual audited financial statements for the period
ending 30 September 2009. Companies like Indian Oil Corpn., Reliance Industries, Bharat Petroleum Corpn.,
Hindustan Petroleum Corpn., Oil & Natural Gas Corpn., N T P C , M M T C, Steel Authority Of India, Essar
Oil, Tata Motors, Larsen & Toubro, Mangalore Refinery & Petrochemicals, Bharti Airtel, Bharat Heavy Electricals
and Maruti Suzuki India presented their annual audited financial statements for the period ending 31 December
2009. While it is possible that financial years of companies close other than on 31 March, it is also possible that
companies may change the closing dates of their financial years. For example, Balrampur Chini’s financial year
ended in September till September 2009. Thereafter, the company changed its year-ending to March. Videocon
Industries presented its financial statements for the period ending 30 September every year till September 2009.
Thereafter, it shifted its financial year closing to 31 December of every year. It may be noted that the financial year
ending date obtained by using this indicator / data field does not guarantee that the financials obtained are for a
period of 12 months ending on that date. It merely indicates the ending date of the period for which the financial
statements are presented. The financial statements themselves can be for a period of 3 months or they may be
for a period of 15 months. For example, Arrow Textiles presented financial statements covering a period of three
months ending 31 March 2008. Orient Refractories presented financial statements covering a six month period
ending September 2011. Andhra Pradesh Paper Mills presented financial statements ending 31 December 2011
covering a period of nine months. Andhra Cements presented financial statements ending 30 June 2011 covering
a period of 15 months. Hence, it would be a good idea to use this indicator / data field along with the "months"
indicator / data field, which gives the number of months for which the financial statements are presented i.e. the
period in months which is covered by the financial statements. In most cases, however, the financial statements are
for a period of 12 months ending on the balance sheet date or the last date of the accounting period for which those
financial statements are presented.
ment itself eg. GRASIM INDUSTRIES 2010 AR pg. 69, 85 & INDBANK MERCHANT BANKING SERVICES
LTD. 2010 AR pg. 30, 44 or in the notes eg. SHARDA MOTOR INDS. LTD. 2020 AR pg. 77, 121 & PROJECTS
& DEVP. INDIA LTD. 2019 AR pg. 19, 47) and it is not possible to identify under which heads in P&L, values
of such items are included by the company, then the values related to discontinuing operations are not captured in
P&L statement in Prowess.
If only net Profit from discontinued operations is provided in the financial statements without any further breakup
of income, expenses and taxes on ordinary activities attributable to discontinued operations or gain/loss on
disposal/settlement/re-measurement of assets and liabilities of discontinued operations, then it is captured in this
field in Prowess (Eg. BINNY MILLS LTD. 2020 AR pg. 86). Likewise, if only net Loss from discontinued oper-
ations is provided without any further breakup, then it is captured in ‘Expenses on discontinuing operations’ field
in Prowess (Eg. CANON INDIA PVT. LTD. 2018 AR pg. 88).
The term ’discontinued operations’ is defined in IndAS 105 - Non-current Assets Held for Sale and Discontinued
Operations’ as a component of an entity that either has been disposed of, or is classified as held for sale, and:
• (a) represents a separate major line of business or geographical area of operations,
• (b) is part of a single co-ordinated plan to dispose of a separate major line of business or geographical area of
operations or
Generally details of such information are available in the notes forming part of financial statements/on the face of
Statement of P&L in the AR. Information relating to discontinuing operations, reported in financial statements is
generally similar to as made by below mentioned companies: GOKUL REFOILS & SOLVENT LTD. 2018 AR pg.
51, 93 and UNICHEM LABORATORIES LTD. 2019 AR pg. 63, 94
If only net Profit from discontinued operations is provided in the financial statements without any further breakup
of income, expenses and taxes on ordinary activities attributable to discontinued operations or gain/loss on
disposal/settlement/re-measurement of assets and liabilities of discontinued operations, then it is captured in ’In-
come from discontinuing operations’ field in Prowess (Eg. BINNY MILLS LTD. 2020 AR pg. 86).
Likewise, if only net Loss from discontinued operations is provided without any further breakup, then it is captured
in ’Expenses on discontinuing operations’ field in Prowess (Eg. CANON INDIA PVT. LTD. 2018 AR pg. 88).
If gain on disposal/settlement/re-measurement of assets and liabilities of discontinued operations is given net of tax
and the amount of tax is available, then, the amount of gain is grossed up and captured in this field, and the amount
of tax is captured in ’Tax expenses on discontinuing operations’ field (Eg. PROCTER & GAMBLE HEALTH LTD.
2020 AR pg. 162).
If gain on disposal/settlement/re-measurement of assets and liabilities of discontinued operations is given net of tax
and the amount of tax is not available, then, due to limitations in availability of data, the amount of gain net of tax
is captured in this field (Eg. PEARSON INDIA EDUCATION SERVICES PVT. LTD. 2018 AR pg. 72).
This is the contribution of the change in net fixed assets to the change in sales. Assuming that the change in net
fixed assets is an increase in the same since assets rarely shrink, this is the contribution of increase in sheer size of
the fixed assets to the growth in sales, with no contribution of the change (if any) in the efficiency in the utilisation
of these assets.
Since, this expression does not consider any change in utilisation of fixed assets, S and N F A in the equation N SF A
are the sales and average net fixed assets of previous year, respectively. N SF A is then multiplied by ∆N F A, which
is change in net fixed assets during the current year, to arrive at change in sales with no change in utilisation of
fixed assets.
The sales in consideration here is the sales of all industrial goods and income from all kinds of non-financial
services. The assets is the net fixed assets less revaluation reserves. The assets in consideration for this expression
are also the average of the current and previous accounting years’ end-of-period assets.
The term ‘discontinued operations’ is defined in ‘Ind AS 105 - Non-current Assets Held for Sale and Discontinued
Operations’ as a component of an entity that either has been disposed of, or is classified as held for sale, and:
• (a) represents a separate major line of business or geographical area of operations,
• (b) is part of a single co-ordinated plan to dispose of a separate major line of business or geographical area of
operations or
by below mentioned companies: GOKUL REFOILS & SOLVENT LTD. 2018 AR pg. 51, 93, and UNICHEM
LABORATORIES LTD. 2019 AR pg. 63, 94
If expenses pertaining to ordinary activities attributable to discontinued operations has been given as subdivision
of Total Profit/Loss - between continuing operations and discontinuing operations (either in P&L statement itself
eg. GRASIM INDUSTRIES 2010 AR pg. 69, 85 & INDBANK MERCHANT BANKING SERVICES LTD. 2010
AR pg. 30, 44 or in the notes eg. SHARDA MOTOR INDS. LTD. 2020 AR pg. 77, 121 & PROJECTS & DEVP.
INDIA LTD. 2019 AR pg. 19, 47) and it is not possible to identify under which heads in P&L, values of such items
are included by the company, then the values related to discontinuing operations are not captured in P&L statement
in Prowess.
If only net Loss from discontinued operations is provided in the financial statements without any further breakup
of income, expenses and taxes on ordinary activities attributable to discontinued operations or gain/loss on
disposal/settlement/re-measurement of assets and liabilities of discontinued operations, then it is captured in this
field in Prowess (Eg. CANON INDIA PVT. LTD. 2018 AR pg. 88). Likewise, if only net Profit from discontinued
operations is provided without any further breakup, then it is captured in ‘Income from discontinuing operations’
field in Prowess (Eg. BINNY MILLS LTD. 2020 AR pg. 86).
The term ‘discontinued operations’ is defined in ‘Ind AS 105 - Non-current Assets Held for Sale and Discontinued
Operations’ as a component of an entity that either has been disposed of, or is classified as held for sale, and:
• (a) represents a separate major line of business or geographical area of operations,
• (b) is part of a single co-ordinated plan to dispose of a separate major line of business or geographical area of
operations or
Generally details of such information are available in the notes forming part of financial statements/on the face of
Statement of P&L in the AR. Information relating to discontinuing operations, reported in financial statements is
generally similar to as made by below mentioned companies: SKYLINE MILLARS LTD. 2019 AR pg. 75, 106;
WIDEX INDIA PVT. LTD. 2019 AR pg. 57, 79 and ORIENT GREEN POWER CO. LTD. 2019 AR pg. 149, 184
If only net Profit from discontinued operations is provided in the financial statements without any further breakup
of income, expenses and taxes on ordinary activities attributable to discontinued operations or gain/loss on
disposal/settlement/re-measurement of assets and liabilities of discontinued operations, then it is captured in ‘In-
come from discontinuing operations’ field in Prowess (Eg. BINNY MILLS LTD. 2020 AR pg. 86). Likewise, if
only net Loss from discontinued operations is provided without any further breakup, then it is captured in ‘Expenses
on discontinuing operations’ field in Prowess (Eg. CANON INDIA PVT. LTD. 2018 AR pg. 88).
If loss on disposal/settlement/re-measurement of assets and liabilities of discontinued operations is given net of tax
and the amount of tax is available, then, the amount of loss is grossed up and captured in this field, and the amount
of tax is captured in ‘Tax expenses on discontinuing operations’ field.
If loss on disposal/settlement/re-measurement of assets and liabilities of discontinued operations is given net of tax
and the amount of tax is not available, then, due to limitations in availability of data, the amount of loss net of tax
is captured in this field (Eg. BARCLAYS INVESTMENTS & LOANS (INDIA) PVT. LTD. 2014 AR pg. 49).
similar to as made by below mentioned companies: GOKUL REFOILS & SOLVENT LTD. 2018 AR pg. 51, 93,
and UNICHEM LABORATORIES LTD. 2019 AR pg. 63, 94
If the amount of tax expenses attributable to discontinued operations has been given as subdivision of Total
Profit/Loss - between continuing operations and discontinuing operations (either in P&L statement itself eg.
GRASIM INDUSTRIES 2010 AR pg. 69, 85 & INDBANK MERCHANT BANKING SERVICES LTD. 2010
AR pg. 30, 44 or in the notes eg. SHARDA MOTOR INDS. LTD. 2020 AR pg. 77, 121) and it is not possible to
identify under which head in P&L, such values are included by the company, then the tax expenses attributable to
discontinuing operations is not captured in P&L statement in Prowess.
Deferred taxes arise because of the difference between the profit as computed by using generally accepted account-
ing principles and taxable profit as computed using the direct tax laws. Deferred taxes can be assets as well as
liabilities.
If the generally accepted accounting principles lead to the computation of a profit that is lower than the taxable
profit computed using direct tax laws, then this gives rise to a deferred tax asset. On the other hand, if the generally
acceptable accounting principles lead to the computation of a profit that is higher than the taxable profit computed
using direct tax laws then, a deferred tax liability arises.
This data field captures deferred tax liabilities generated during an accounting period.
Tax laws may allow a 100 per cent depreciation on certain assets acquired by a company, during the year of the
acquistion. This could be a form of promotional accelerated depreciation in order to enable lower tax payment in
a year. But a company may actually write off the asset over a larger number of years in its financials, as is usually
the case.
For example, a company invests Rs.10 million in a machinery for research. As per Income Tax laws, this amount
is fully deductible in the year of purchase. So, the tax filing by the company reflects Rs.10 million as depreciation.
The company may, however, in its books depreciate this asset by straight line method at the rate of 25 per cent.
The reduction in the tax liability in the first year because of the accelerated depreciation enhances the profits made
by the company and reported in its Annual Report. Since the company’s books of accounts show higher profits,
they also show a higher tax liability. The excess of this tax liability over that computed for the tax authorities is
deferred tax liability.
In the aforementioned case, assuming a tax rate of 40 per cent, the deferred tax liability generated will be 40
per cent of Rs.7.5 million (Rs.10 million less Rs.2.5 million), or Rs.3 million. In subsequent years, the company
would continue to depreciate the machinery in its books of accounts based on the straight line method, but the tax
authorities, having permitted accelerated depreciation in the first year would not recognise this depreciation any
more.
Deferred tax is the tax effect of timing differences. Due to such differences, the company either pays more tax or
less tax than as per company law.
When a company pays less tax than as per company law, it creates a liability (in the company’s books of accounts)
to pay the difference in future. In effect, the liability to pay is ’deferred’ to the subsequent years.
When it pays more tax than as per company law, it is in the nature of a prepaid expense and therefore is recorded in
the company’s books as an asset. Taking credit for such payment is deferred to the following years. The payment
is not recognised/allowed as an expense (against income) in the profit & loss account. The recognition is ’deferred’
to the following years.
Hence, such tax asset created or tax liability created is called deferred taxes.
When a company reports the net figure of deferred tax in the profit & loss account and provides the details of
deferred tax assets and liability for the year under the notes to accounts, CMIE reports the gross amounts of
deferred tax asset and deferred tax liability arising during the year in separate fields.
The differences appear at most broad groupings of data – such as total income or total expenses, or (more likely)
at the next level of grouping of data such as sales or raw materials. This is because the constituents of these broad
groupings may have been classified differently in CMIE’s standardised format compared to what the company may
have presented.
Many differences cancel out by the time the net profit figure is derived. Yet, there are some differences even at the
net profit level. The Prowess database tries to list the sources of these differences at the net profit level because of
the greater importance of this figure.
Not all companies make profits. When a company makes a loss, i.e. when expenses exceed income, the net profit
after tax figure is prefixed with a negative sign implying a loss.
Taxes are an externality and these have a significant impact upon profits. More importantly, often the tax rate
depends upon the various fiscal sops available to a company. Many industries (such as export-oriented Information
Technology) have remained exempt from from direct taxes for over a decade. The PBDITA excludes these and
thereby removes the impact of these changes in the external environment. By excluding financial charges, depre-
ciation, amortisation and direct taxes, the PBDITA comes fairly close to measure the profits that can attributed
largely to the current operations of the company.
Provision for obscolescence of raw material & Provision for estimated losses on onerous contracts being operating
expenses are excluded while adding back total provision.
A company may be earning healthy PBDITA, but may report low profit after tax (PAT) if there is a higher proportion
of non-operating expenses like finance charges, depreciation, tax and amortisation. This is especially true for a
company that is in the growing stage. Such a company is usually engaged in capital expansion, which it funds
through borrowings. Hence, the company incurs high financial charges. It may also show large depreciation
charges as it has newly acquired assets and on-going expansion plans. These expenses claim a substantial amount
of current profits.
For such a company, simply viewing the PAT may not show the true picture. PBDITA is an important indicator of
profits for such a company. If the company earns healthy PBDITA, it indicates that the company has sound business
operations. Though it may earn lesser profit after tax in the initial years, rising PBDITA will enable it to service
interest payments and repay debt, which will gradually bring down its finance charges. And once the company
achieves significant scale of operation, it will be in a position to easily translate healthy PBDITA into higher PAT.
Similarly, there may be a company that has high PAT in spite of deteriorating PBDITA. This is possible if there
is a fall in non-operating expenses like interest, depreciation. In such a case, if the company does not improve
its PBDITA, it will become increasingly difficult for it to report higher PAT year after year. This is because a
deteriorating PBDITA will eventually reflect at the PAT level.
Hence, it is the PBDITA which is the true measure of the health of the main business operations of a non-finance
company.
Cash profit net of P&E is the profit after tax (PAT) adjusted for the effect of all non-cash transactions and further
adjusted for all the cash prior period and extra-ordinary transactions.
Principally, non-cash transactions are depreciation, amortisation and write-offs. Since these are accounting entries
that reflect some notional expenditure but do not entail any cash outflow, they are added back to the PAT to derive
cash profit. Cash profit is therefore, usually larger than PAT.
Depreciation, amortisation and write-offs are not the only non-cash transactions. The Prowess database captures
many more non-cash items and deploys all of these to derive the cash profit estimate.
Besides depreciation, amortisation and write-offs, other non-cash charges in the Prowess database are – loss on sale
of assets, loss on impairment of assets, loss because of change in valuation and accounting policies, non cash prior
period expenses. None of these involve any cash outgo although all of these are charged as expenses. All of these
are added back to the PAT to derive the cash profit.
There are some non-cash incomes also and these are deducted from the PAT. Gain due to change in accounting
policies and provisions written back are examples of non-cash incomes. These are deducted from the PAT. Other
non-cash incomes that are deducted are non-cash prior period income excluding provisions written back and de-
ferred tax assets & credits. Besides, a contra-entry made for depreciation provided in places where the company
did not provide depreciation (a rare occurance) is also deducted from the PAT.
The effort is to identify the non-cash transactions and to adjust them appropriately to arrive at a measure of cash
profits that a company generated during the year.
To remove the complexity of adjusting all these non-cash indicators in the cash profit calculation, CMIE has created
separate expressions to calculate total non-cash expenses and total non-cash income.
Further, an expression is created which calculates ’Net non-cash expenses’. This expression is used in caculation
of cash profit.
CASH_PROFIT = (PAT+NET_NON_CASH_EXP)
Cash profit net of P&E further removes the effect of all the cash prior period and extra-ordinary transactions on
profits and gives the actual cash profit that a company generated from regular business operations.
CASH_PROFIT_NET_OF_PE = (CASH_PROFIT+CASH_PRIOR_PERIOD_EXTRA_ORDI_EXP-CASH_PRIOR_PERIOD_
Prior period items are income or expenses which arise in the current period as a result of errors or omissions in the
preparation of the financial statements of one or more prior periods. Extra-ordinary items refer to any income or
expenses which are clearly distinct from the ordinary business activities of a company.
A large gain or loss on account of prior period or extra-ordinary transaction can skew the current year’s cash profit
figure. As a result there is merit in studying the cash profit of a company after the effect of such prior period and
extra-ordinary transactions is removed. Cash profit net of P&E is a more stable estimate of profits than cash profit.
Excluding P&E transactions also makes the cash profit figure comparable over time.
It is also important to note that cash profit is not the cash that can be counted in the bank. Financial statements are
based on the principal of accrual accounting and income does no necessarily mean cash inflow and expense does
not necessarily mean a debit in the cash & bank balance.
This is one of the ratios of profitability of total income. It is similar to the ratio PBDITA as percentage of total
income. The only difference being this ratio removes the impact of prior period and extra-ordinary transactions on
the profitability.
PBDITA is profits before depreciation, interest, tax and amortisation. It is a close measure of the operating profits
of a non-finance company. It gives the amount of profits that a non-finance company generates from its day-to-day
business activities after meeting all operating expenses. PBDITA excludes non-cash charges such as depreciation
and amortisation. It also excludes financial services expenses and direct taxes. These expenses are excluded from
PBDITA because they are not related to the day-to-day business operations of a non-finance company. For the
purpose of calculating this measure of profitability, prior period and extra-ordinary transactions are also excluded
from PBDITA.
Total income in this case includes all sources of income - industrial sales (applicable mostly to manufacturing,
mining & utility companies), income from non-financial services (such as from trading or aviation, shipping, IT,
telecom, hospitality, media, entertainment, etc.), income from financial services (such as interest earned) and other
income. However, it excludes prior period and extra-ordinary transactions.
The effect of income or expenses on account of prior period or extra-ordinary transactions is removed from the ratio
because profits of a company are quite vulnerable to such transactions. Prior period items are income or expenses
which arises in the current period as a result of errors or omissions in the preparation of the financial statements
of one or more prior periods. This include prior period taxes and prior period depreciation, bad debts recovered or
provisions written back.
The recovery of some bad debts or provisions written back can substantially inflate profits of the year in which
these are accounted although these transactions do not pertain to the operations during the year. On the other hand,
payment of taxes of prior years can reduce the profits estimate for the year.
Extra-ordinary transactions refer to any income or expenses which are clearly distinct from the ordinary business
activity of a company. These include profit / loss on sale of fixed assets, gain / loss on change in accounting policies,
insurance claims, tax on extra-ordinary income. A large gain or loss on account of extra-ordinary transaction can
skew the current year’s PBDITA although these transactions do not pertain to the ordinary business activity of a
company.
To derive a more accurate estimate of the profits generated by a company from its business operations during an
accounting period, it is useful to remove the impact of transactions that pertain to prior periods (P) or are extra-
ordinary (E) in nature. PBDITA net of P&E is such a measure.
When PBDITA net of P&E is compared to total income to derive the corresponding profit margin, total income is
also reduced by the same P&E items. This makes the numerator and the denominator comparable.
By removing the impact of P&E transactions, the ratio of PBDITA net of P&E to total income net of P&E measures
the percentage of PBDITA that a company generated purely from the regular business operations during an account-
ing period. This makes the ratio a more stable estimate of profitability as compared to ‘PBDITA as percentage of
total income’.
year. Similarly, the start-of-year net worth was also not the entire net worth that was available during the year. Net
worth is dynamic in nature. Hence, an average is computed in order to arrive at a more credible valuation of the net
worth at the disposal of the company.
This ratio is computed only when the net worth (which is the denominator) is greater than zero. If the net worth is
zero, then the ratio cannot be computed because division by zero is undefined.
A negative net worth will render the ratio meaningless. Although profits in spite of a negative net worth would oth-
erwise mean a positive reflection of the company’s performance, technically the ratio is a negative value, indicating
a negative return on a negative net worth. Interpretation of such a negative value could be mis-leading, because a
negative ratio could also mean losses in spite of a positive net worth. Likewise, if profits during the year are also
negative like the net worth, then the ratio will yield a positive value. This would be mis-leading because a negative
net worth would yield a positive return although there were no profits. hence, it would make sense to calculate this
ratio only when a company’s net worth is positive.
This is one of the measures of return over investments. It is more relevant to finance companies (banks and non-
banking finance companies) since it analyses the profits earned by financial services companies from their main
business operations, which is to provide finance. It measures the percentage of profits that a finance company
generates with the total capital employed.
The measure of profit in this ratio is PBPT net of prior period, extra-ordinary and other incomes. This is profit
before provisions and direct taxes adjusted for prior period and extra-ordinary transactions and also other income.
Income from financial services includes income from fee based financial services income (such as those earned
from brokerage) and income from fund based services (such as lending to earn interest income or investing to earn
dividends, bill discounting or treasury operations, etc.)
Financial companies earn their profits from such financial services. This ratio is used to compare the profits of
finance companies before taxes and net of net prior period and extra-ordinary incomes and other income to the
revenues generated by these companies by providing financial services.
Finance companies majorly earn income by lending funds and charging interest thereon. When loans turn bad,
they need to make provisions for such delinquencies. Such delinquencies are often a reflection of the existing
economic environment. During periods of economic stress, borrowing companies with relatively weak financials
have a higher probability of defaulting, thereby inflating provisions, which in turn eat into operating profits. In
contrast, when economic conditions improve, non-performing assets might start performing again. In such cases,
provisions made earlier will get written back. This shows that provisions are greatly influenced by prevailing
economic conditions. Hence, it is useful to exclude the influence of provisions. Write-offs, which are similar to
provisions but are more conclusive in their belief that a claim is not recoverable, are also excluded.
Taxes are excluded from this measure of profits, because these are influenced by government policies, which might
be industry-specific. In an age of globalisation, tax regimes of different countries and their tax treaties with India
can have a bearing on the tax incidence of individual companies. Since tax rates and regimes change over time, it
is more useful to exclude their impact, and instead observe the profits that equity shareholders are expected to get
without considering the changing tax incidence.
In order to derive a measure of profits that corresponds more exclusively with the current year’s activities, prior
period and extra-ordinary incomes are removed, and similar expenses are added back. Write-backs of provisions
are treated as prior period transactions and therefore these get netted out as a result.
The numerator is, therefore, a stable indicator of a company’s, (especially a finance company’s) operating profits.
The denominator of this ratio is the average value of the capital employed, i.e. the average of the values of a
company’s capital employed at the beginning and at the end of the year. Capital employed is the sum of all
shareholders’ funds and total borrowings. In essence, it is the value of total funds raised from owners of equity
and preference capital and from lenders, and deployed by a company into the business. It includes paid up equity
capital, paid up and forfeited equity capital, contribution made to capital by government, accumulated reserves, all
convertible warrants and all borrowings. However, revaluation reserves and miscellaneous expenses not written off
are excluded.
An average is calculated since the outstanding value of capital employed at the year-end was not the actual value
that was entirely available for the generation of profit during the year. Similarly, the start-of-year net worth was also
not the entire capital employed that was available during the year. Since capital employed is dynamic in nature, an
average is computed in order to arrive at a more credible valuation.
This is one of the measures of returns over investments and is commonly known as return on capital employed. The
ratio measures the percentage of net profit that a company generates with the total capital employed in the business.
It is a ratio that indicates the profitability and efficiency of a company’s capital investments.
Since the ratio uses PAT net of prior period and extra-ordinary transactions rather than only PAT, it is a better
measure of returns on capital employed. This is because profit after tax of a company is quite vulnerable to prior
period and extra-ordinary transactions. Prior period items are income or expenses which arises in the current period
as a result of errors or omissions in the preparation of the financial statements of one or more prior periods. Extra-
ordinary transactions refer to any income or expenses which are clearly distinct from the ordinary business activity
of a company.
A large gain or loss on account of P&E transactions can skew a company’s current year’s PAT generated from
regular business operations and vitiate our understanding of the returns on capital employed. This ratio is thus a
more stable estimate of returns on capital employed.
The denominator of this ratio is the average of the capital employed by the company as of the beginning of the year
and end of the year.
The denominator is an average because the end-of-year capital employed was not entirely available for the gener-
ation of profit during the year. It is thus, not the appropriate denominator to use. Use of the end-of-year capital
employed may under-estimate the returns because usually, the capital employed increases during a year.
Similarly, since the start-of-year capital employed was also not the entire capital employed that was available during
the year it is also not the appropriate denominator. Capital employed changes during the year but, the financial
statements only provide end-of-period values. Thus, a good approximation of the capital employed available to the
company during the year is the average of the start-of-year and end-of-year capital employed values. This is what
is used in the ratio.
This ratio is computed only when the capital employed (which is the denominator) is greater than zero. If the
capital employed is zero, then the ratio cannot be computed because division by zero is undefined.
If the capital employed is less than zero, i.e. if it is negative then, the resultant ratio is either meaningless or it is
mis-leading. When the capital employed is negative and the profits during a year is positive, then the ratio yields
a negative value, indicating a negative return on a negative capital employed. This is meaningless. If the profits
during the year are also negative, then the ratio yields a positive value because the capital employed is also negative.
This would be mis-leading because a negative capital employed would yield a positive return although there were
no profits.
As a result, Prowess computes returns on capital employed only if the amount of capital employed is positive.
This data field is one of the indicators measuring a company’s return over its investments. It is more relevant to
finance companies (banks and non-banking finance companies) since it analyses the profits earned by financial
services companies from their main business operations, which is to provide finance. It measures the ratio of the
operating income of finance companies to the average value of a company’s total assets (excluding revaluation).
Effectively, it is an indicator that can be used to compare the efficiency of a company’s assets and their ability to
generate profits.
The measure of profit in this ratio is PBPT net of prior period, extra-ordinary and other incomes. This is profit
before provisions and direct taxes and net of prior period and extra-ordinary transactions and also net of other
income.
Income from financial services includes income from fee based financial services income (such as those earned
from brokerage) and income from fund based services (such as lending to earn interest income or investing to earn
dividends, bill discounting or treasury operations, etc.)
Financial companies earn their profits from such financial services. This ratio is used to compare the profits of
finance companies before taxes and net of net prior period and extra-ordinary incomes and other income to the
revenues generated by these companies by providing financial services.
Finance companies largely earn income by way of lending funds and charging interest thereon. When loans turn
bad, they need to make provisions for such delinquencies. Such delinquencies are often a reflection of the existing
economic environment. During periods of economic stress, borrowing companies with relatively weak financials
have a higher probability of defaulting, thereby inflating provisions, which in turn eat into operating profits. In
contrast, when economic conditions improve, non-performing assets might start performing again. In such cases,
provisions made earlier will get written back. This shows that provisions are greatly influenced by prevailing
economic conditions. Hence, it is useful to exclude the influence of provisions. Write-offs, which are similar to
provisions but are more conclusive in their belief that a claim is not recoverable, are also excluded.
Taxes are excluded from this measure of profits, because these are influenced by government policies, which might
be industry-specific. In an age of globalisation, tax regimes of different countries and their tax treaties with India
can have a bearing on the tax incidence of individual companies. Since tax rates and regimes change over time, it
is more useful to exclude their impact, and instead observe the profits that equity shareholders are expected to get
without considering the changing tax incidence.
In order to derive a measure of profits that corresponds more exclusively with the current year’s activities, prior
period and extra-ordinary incomes are removed, and similar expenses are added back. Write-backs of provisions
are treated as prior period transactions and therefore these get netted out as a result.
The numerator is, therefore, a stable indicator of a company’s, (especially a finance company’s) operating profits.
The denominator of this ratio is the average value of a company’s total assets, i.e. the average of the values of a
company’s total assets at the beginning and at the end of the year. Any revaluation thereon is not taken into account.
Since most businesses are constantly growing, it is likely that the value of assets might increase mid-year. Such
additions to assets were not available during the entire period of the year. Hence, to consider the closing balance of
total assets would amount to an overstatement thereof. Correspondingly, considering the value as at the beginning
of the year would understate the value of a assets available during the year. Hence, the most effective way to lend
credibility to the value of assets available during an accounting period would be to compute the average of the
outstanding values at the beginning of the year and at the end of the year. This average for total assets is net of
revaluation, i.e. revaluation reserves and miscellaneous expenses not written off are reduced from the total assets
as at both, the beginning as well as at the end of the year. These are reduced to ensure that revaluations, if any, do
not distort the year-on-year comparisons.
where ∆OP is the change in operating profit, ∆S is the change in sales and ∆( OP
S ) is the change in the operating
profitability of sales.
OP
The expression in discussion is (∆S × S ) in the above equation.
The expression measures the change in PBDITA net of P&E&OI&FI i.e. the change in operating profit of a non-
finance company because of change in sales. This is the contribution of increase in sheer size of a business to the
growth in operating profit, with no contribution from the changes in the profitability of sales.
where ∆OP is the change in operating profit, ∆S is the change in sales and ∆( OP
S ) is the change in the operating
profitability of sales.
The expression in discussion is (∆( OP
S ) × S) in the above equation.
The expression measures the contribution of the change in the operating profitability of sales to the change in the
operating profits of a non-finance company.
A change in operating profitability can arise because of improved (or worsened) operating efficiency, or because of
better (or worse) utilisation of assets (such as by adding or reducing shifts, or labour, or changing technology), or
also because of a change in the price of the products sold or raw materials used.
The expression merely captures the value of contribution of change in operating profitability of sales to the change
in PBDITA net of P&E&OI&FI.
where ∆OP is the change in operating profit, ∆S is the change in sales and ∆( OP
S ) is the change in the operating
profitability of sales.
Here we measures the contribution of the last expression (∆S × ∆( OP S )) in the above equation towards the change
in operating profit (i.e. PBDITA net of P&E&OI&FI) of a non-finance company. The expression measures the
change in operating profit that can be attributed to that portion of the change in sales which witnessed a change in
profitability.
It is the contribution of the increased / decreased sales generated at the increased / decreased profitability. The
amount is a product of the incremental sales and the incremental profitability of sales.
where ∆OP is the change in operating profit, ∆S is the change in sales and ∆( OP
S ) is the change in the operating
profitability of sales.
OP
The expression in discussion is the per cent share of (∆S × S ) in the above equation.
This is the percentage contribution of the change in sales to the change in operating profits. Assuming that operating
profit increased during the year, this is the contribution of increase in sheer size of the business to the growth in
operating profit, with no contribution of the changes (if any) in the profitability of sales.
where ∆OP is the change in operating profit, ∆S is the change in sales and ∆( OP
S ) is the change in the operating
profitability of sales.
The expression in discussion is the per cent share of (∆( OP
S ) × S) in the above equation.
This is the percentage contribution of the change in the operating profitability of sales to the change in the operating
profits.
where ∆OP is the change in operating profit, ∆S is the change in sales and ∆( OP
S ) is the change in the operating
profitability of sales.
The first expression in the above equation is the contribution of the increase in sales to the increase in operating
profits. To isolate this effect on the change in operating profits, the profitability level is kept unchanged. The change
in sales is thus multiplied with the unchanged (previous period’s) profitability.
The second expression in the above equation is the contribution of the increase in profitability of sales. To isolate
this effect on the change in operating profit, the sales level is kept unchanged. The change in profitability of sales
is thus multiplied with the unchanged (previous period’s) sales.
The share of the last expression, (∆S × ∆( OP S ) in the above equation in the overall change in operating profits
is under discussion here. This is the percentage contribution of the increased / decreased sales generated at the
increased / decreased profitability. It is the product of the incremental sales and the incremental profitability of
sales.
where ∆P BT is the change in PBT, ∆F I is the change in financial services income and ∆( PFBT
I ) is the change in
profitability of financial income services.
P BT
The expression in discussion is (∆F I × FI ) in the above equation.
This expression shows the contribution of a change in a company’s (especially a finance company’s) income from
financial services to a change in its PBT (net of P&E&OI). Assuming that the change in income from financial
services is due to an increase therein, this expression will show the impact of an expansion in the size of operations
on its growth in its profits, assuming there is no role of any change in the profitability of the financial services
income.
where ∆P BT is the change in PBT, ∆F I is the change in income from financial services and ∆( PFBT
I ) is the
change in profitability of income from financial services.
The expression in discussion is (∆( PFBT
I ) × F I) in the above equation.
This expression shows the contribution of a change in the profitability of a company’s (especially a finance com-
pany’s) income from financial services to a change in its PBT (net of P&E&OI). It shows the impact of an increase
in the profitability of a finance company’s main business operations on its growth in its profits, in spite of no
expansion in the company’s business operations in absolute terms.
where ∆P BT is the change in PBT, ∆F I is the change in financial services income and ∆( PFBT
I ) is the change in
profitability of financial income services.
The first expression in the above expression is the contribution of the change in financial services income. To
isolate this effect on the change in profits, the profitability level is kept unchanged. The change in financial services
income is thus multiplied with the unchanged (previous period’s) profitability.
The second expression in the above expression is the contribution of the change in profitability. To isolate this
effect on the change in profits, the level of the financial services income is kept unchanged as it was in the previous
period. The change in profitability is thus multiplied by the previous period’s financial services income.
The last expression (∆F I × ∆( PFBTI )) in the above equation is the one under discussion. This is the contribution
of the increased financial income generating the increased profitability. (The term “increased” could be replaced
with “decreased”.) It is the product of the incremental financial services income and the incremental profitability
of the same.
where ∆P BT is the change in PBT, ∆F I is the change in income from financial services and ∆( PFBT
I ) is the
change in profitability of income from financial services
This data field reports the expression of the share of (∆F I × PFBT
I ) in the change in PBT net of P&E&OI, expressed
in percentage terms.
where ∆P BT is the change in PBT, ∆F I is the change in financial services income and ∆( PFBT
I ) is the change in
profitability of financial income services.
The expression in discussion is the per cent share contribution of (∆( PFBT
I ) × F I) in the change in the PBT, in the
above equation.
where ∆P BT is the change in PBT, ∆F I is the change in financial services income and ∆( PFBT
I ) is the change in
profitability of financial income services.
The first expression in the above expression is the contribution of the change in financial services income. To
isolate this effect on the change in profits, the profitability level is kept unchanged. The change in financial services
income is thus multiplied with the unchanged (previous period’s) profitability.
The second expression in the above expression is the contribution of the change in profitability. To isolate this
effect on the change in profits, the level of the financial services income is kept unchanged as it was in the previous
period. The change in profitability is thus multiplied by the previous period’s financial services income.
The last expression (∆F I × ∆( PFBT I )) in the above equation is the one under discussion. This is the contribution
of the increased financial income generating the increased profitability. (The term ’increased’ could be replaced
with ’decreased’.) It is the product of the incremental financial services income and the incremental profitability of
the same.
The expression covered by this data field, therefore, computes the contribution of the product of both elements (in
percentage terms) on the change in PBT net of P&E&OI.
where ∆P AT is the change in net profit, ∆I is the change in total income and ∆( P AT
I ) is the change in the net
profitability of sales.
P AT
The expression in discussion is (∆I × I ) in the above equation.
This is the contribution of the change in total income to the change in net profits. Assuming that the total income
has increased during the year, this is the contribution of increase in the sheer size of the business to the growth in
net profit, with no contribution of the changes (if any) in the profitability of total income.
where ∆P AT is the change in net profit, ∆I is the change in total income and ∆( P AT
I ) is the change in the net
profitability of sales.
The expression in discussion is (∆( P AT
I ) × I) in the above equation.
This is the contribution of the change in the net profitability of total income to the change in the net profits.
A change in net profitability can arise because of improved (or worsened) operating efficiency, or because of better
(or worse) utilisation of assets (such as by adding or reducing shifts, or labour, or changing technology), or because
of a change in the price of the products sold or raw materials used or because of a change in the tax regime.
The expression merely captures the value of contribution of the change in net profitability of total income to the
change in PAT net of P&E during the year.
where ∆P AT is the change in net profit, ∆I is the change in total income and ∆( P AT
I ) is the change in the net
profitability of sales.
Here we measure the contribution of the last expression (∆I × ∆( P AT
I ) in the above equation towards the change
in net profit of a company. The expression measures the change in PAT net of P&E that can be attributed to that
portion of the change in total income which witnessed a change in profitability.
It is the contribution of the increased / decreased total income generated at the increased / decreased profitability.
The amount is a product of the incremental total income and the incremental profitability of total income.
where ∆P AT is the change in net profit, ∆I is the change in total income and ∆( P AT
I ) is the change in the net
profitability of sales.
P AT
The expression in discussion is the per cent share of (∆I × I ) in the above equation.
This is the percentage contribution of the change in total income to the change in net profit. Assuming that net
profit increased during the year, this is the contribution of increase in the sheer size of the business to the growth in
net profit, with no contribution of the changes (if any) in the profitability of total income.
where ∆P AT is the change in net profit, ∆I is the change in total income and ∆( P AT
I ) is the change in the net
profitability of sales.
The expression in discussion is per cent share of (∆( P AT
I ) × I) in the above equation.
This is the percentage contribution of the change in the net profitability of total income to the change in the net
profits.
where ∆P AT is the change in net profit, ∆I is the change in total income and ∆( P AT
I ) is the change in the net
profitability of sales.
The first expression in the above equation is the contribution of the increase in total income to the increase in net
profits. To isolate this effect on the change in net profits, the profitability level is kept unchanged. The change in
total income is thus multiplied with the unchanged (previous period’s) profitability.
The second expression in the above equation is the contribution of the increase in profitability of total income. To
isolate this effect on the change in net profit, the total income level is kept unchanged. The change in profitability
of income is thus multiplied with the unchanged (previous period’s) total income.
The percentage share of the last expression, (∆I × ∆( P AT I ) in the above equation in the overall change in net profit
is under discussion here. This is the per cent contribution of the increased / decreased total income generated at the
increased/ decreased profitability. It is the product of the incremental total income and the incremental profitability
of total income.
4. Research and Development Fund: Generally, companies involved in research and development appropriate a
part of their profits for creating a separate reserve called the Research and Development Fund. This reserve
is created to fund research and development activities.
Borrowings are created when a company takes finance from lenders, with a plan to repay the same with interest
over a period. They are also called debt.
As per the guidelines of the revised Schedule VI of the Companies Act, 1956, companies are required to classify
their assets and liabilities into non-current and current portions. Accordingly, borrowings are to be classified on the
basis of their tenure, into ’long term’ and ’short term’. Where a lender takes debt with the agreement of repaying it
over a period exceeding 12 months, it is classified as a long term borrowing.
’Other borrowings’ is a classification under which borrowings that are not recorded separately are clubbed together,
i.e. it is a head for residual non-categorised debt. Thus, it includes all borrowings other than those mentioned
below:-
8. Inter-corporate loans
9. Deferred credit
This data field captures other borrowings that are not expected to be paid off within a period of one year, i.e.
’other long term borrowings’. It includes amounts reported by companies in their Annual Reports as "borrowings
from other sources". It is relevant only for non-banking companies, since banks are not required to adhere to the
revised schedule VI of the Companies Act, 1956. The revised schedule VI, which is in accordance with the IFRS
requirements, mandates the disclosure of assets and liabilities into current and non-current portions. It therefore
requires the separate disclosure of long term and short term borrowings.
This field is one among the many that have been introduced to capture the additional disclosures made by companies
in accordance with the revised Schedule VI format. Such data is usually available from the financial year 2011-12
onwards.
Current portion refers to that portion of a conventional long term item that is expected to be paid off within a period
of 12 months from the balance sheet date. In the light of the new guidelines of the revised schedule VI, companies
are expected to segregate the current portion from conventional long term items. Some companies report the gross
value of their long term items with a separate disclosure of the current portion thereof, while some others show
long term items net of the current portion. This data field captures the value of those companies’ other long term
borrowings which have been reported as a gross figure, without excluding the current portion thereof.
ments, mandates the disclosure of assets and liabilities into current and non-current portions. It therefore requires
the separate disclosure of long term and short term borrowings.
This field is one among the many that have been introduced to capture the additional disclosures made by companies
in accordance with the revised Schedule VI format. Such data is usually available from the financial year 2011-12
onwards.
Current portion refers to that portion of a conventional long term item that is expected to be paid off within a period
of 12 months from the balance sheet date. In the light of the new guidelines of the revised schedule VI, companies
are expected to segregate the current portion from conventional long term items.
Accordingly, some companies report the gross value of their long term items with a separate disclosure of the
current portion thereof, while some others show long term items net of the current portion. This data field captures
the value of those companies’ secured other long term borrowings which have been reported as a gross figure,
without excluding the current portion thereof.
This field is one among the many that have been introduced to capture the additional disclosures made by companies
in accordance with the revised Schedule VI format. Such data is usually available from the financial year 2011-12
onwards.
Current portion refers to that portion of a conventional long term item that is expected to be paid off within a period
of 12 months from the balance sheet date. In the light of the new guidelines of the revised schedule VI, companies
are expected to segregate the current portion from conventional long term items.
Accordingly, some companies report the gross value of their long term items with a separate disclosure of the
current portion thereof, while some others show long term items net of the current portion. This data field captures
the value of those companies’ unsecured other long term borrowings which have been reported as a gross figure,
without excluding the current portion thereof.
Borrowings are defined as finance taken from lenders, with a plan to repay the same with interest over a period.
They are also called debt. The revised Schedule VI of the Companies Act, 1956, requires companies to classify
their assets and liabilities into non-current and current portions. Therefore, borrowings are to be classified on the
basis of their tenure, into ’long term’ and ’short term’. Where debt is agreed to be repaid over a period exceeding
12 months, it is classified as a long term borrowing.
’Other borrowings’ is a classification under which borrowings that can not be captured in the existing category
data fields on Prowess are clubbed together, i.e. it is a head for residual non-categorised debt. Thus, it includes all
borrowings other than those mentioned below:-
8. Inter-corporate loans
9. Deferred credit
Other borrowings would majorly include amounts reported by companies in their Annual Reports as ’borrowings
from other sources’ or similar heads.
Current portion refers to that portion of a conventional long term item that is expected to be paid off within a period
of 12 months from the balance sheet date. In the light of the new guidelines of the revised schedule VI, companies
are expected to segregate the current portion from conventional long term items. Accordingly, some companies
report the gross value of their long term items with a separate disclosure of the current portion thereof, while some
others show long term items net of the current portion.
This data field is an addendum information field which captures the current portion of other long term borrowings
as recorded by companies which have reported the gross value and current portion separately.
This data field is an addendum information field. It reports the value of a company’s long term borrowings which
have been guaranteed by its directors. Companies disclose such information either by explicitly mentioning that a
loan has been guaranteed by a director(s), or it might specify that a particular loan has been taken in the name of a
director.
As per the Reserve Bank of India’s (RBI’s) guidelines, banks are permitted to take personal guarantees of directors
only when the same is absolutely warranted after a careful examination of the circumstances of the case.
As per the RBI’s guidelines, there are certain circumstances in which seeking a director’s personal guarantee is
considered helpful. These are:-
1. In the case of closely held private or public companies, except in respect of companies where, by court or
statutory order, the management of a company is vested in a person or group of persons, who are not required
to be elected by shareholders
2. In order to ensure continuity of a company’s management or to mitigate the negative impact of a different
group acquiring control of the company, even if it is not a closely held company
3. In the case of public limited companies other than those rated first class where the loan is unsecured and
where the company’s financial position and/or cash position is deemed to be unsatisfactory
4. In order to cover up for the interim period between the disbursement of loan and creation of charge on the
borrowing company’s assets, where there is a delay in the creation of such a charge
6. In the case of interlocking of funds between a company and other concerns owned or managed by the same
group
7. In the case of sick units, so as to instill greater accountability and responsibility, and in order to motivate the
management to run the assisted units on sound and healthy lines and to ensure financial descipline
The revised schedule VI, which is in accordance with the IFRS requirements, mandates the segregation of assets
and liabilities into current and non-current portions. The revised schedule VI applies to all companies, except
banks. This field is one among the many that have been introduced to capture the additional disclosures made
by companies in accordance with the revised Schedule VI format. Such data is available from the financial year
2011-12 onwards, in most cases.
Current portion refers to that portion of a conventional long term item that is expected to be paid off within a period
of 12 months from the balance sheet date. In the light of the new guidelines of the revised schedule VI, companies
are expected to segregate the current portion from conventional long term items.
Accordingly, some companies report the gross value of their long term items with a separate disclosure of the
current portion thereof, while some others show long term items net of the current portion. This data field captures
the value of those companies’ long term borrowings guaranteed by directors, which have been reported as a gross
figure, without excluding the current portion thereof.
Borrowings are created when a company takes finance from lenders, with a plan to repay the same with interest
over a period. They are also called debt.
As per the guidelines of the revised Schedule VI of the Companies Act, 1956, companies are required to classify
their assets and liabilities into non-current and current portions. Accordingly, borrowings are to be classified on the
basis of their tenure, into ’long term’ and ’short term’. Where a lender takes debt with the agreement of repaying it
over a period exceeding 12 months, it is classified as a long term borrowing.
’Other borrowings’ is a classification under which borrowings that are not recorded separately are clubbed together,
i.e. it is a head for residual non-categorised debt. Thus, it includes all borrowings other than those mentioned
below:-
8. Inter-corporate loans
9. Deferred credit
This data field captures other borrowings that are not expected to be paid off within a period of one year, i.e.
’other long term borrowings’. It includes amounts reported by companies in their Annual Reports as "borrowings
from other sources". It is relevant only for non-banking companies, since banks are not required to adhere to the
revised schedule VI of the Companies Act, 1956. The revised schedule VI, which is in accordance with the IFRS
requirements, mandates the disclosure of assets and liabilities into current and non-current portions. It therefore
requires the separate disclosure of long term and short term borrowings.
This field is one among the many that have been introduced to capture the additional disclosures made by companies
in accordance with the revised Schedule VI format. Such data is usually available from the financial year 2011-12
onwards.
Current portion refers to that portion of a conventional long term item that is expected to be paid off within a period
of 12 months from the balance sheet date. In the light of the new guidelines of the revised schedule VI, companies
are expected to segregate the current portion from conventional long term items.
Some companies report the gross value of their long term items with a separate disclosure of the current portion
thereof, while some others show long term items net of the current portion. This data field captures the value of
those companies’ other long term borrowings which have been reported net of the current portion thereof.
ments, mandates the disclosure of assets and liabilities into current and non-current portions. It therefore requires
the separate disclosure of long term and short term borrowings.
This field is one among the many that have been introduced to capture the additional disclosures made by companies
in accordance with the revised Schedule VI format. Such data is usually available from the financial year 2011-12
onwards.
Current portion refers to that portion of a conventional long term item that is expected to be paid off within a period
of 12 months from the balance sheet date. In the light of the new guidelines of the revised schedule VI, companies
are expected to segregate the current portion from conventional long term items.
Some companies report the gross value of their long term items with a separate disclosure of the current portion
thereof, while some others show long term items net of the current portion. This data field captures the value of
those companies’ secured other long term borrowings which have been reported net of the current portion thereof.
This field is one among the many that have been introduced to capture the additional disclosures made by companies
in accordance with the revised Schedule VI format. Such data is usually available from the financial year 2011-12
onwards.
Current portion refers to that portion of a conventional long term item that is expected to be paid off within a period
of 12 months from the balance sheet date. In the light of the new guidelines of the revised schedule VI, companies
are expected to segregate the current portion from conventional long term items.
Some companies report the gross value of their long term items with a separate disclosure of the current portion
thereof, while some others show long term items net of the current portion. This data field captures the value
of those companies’ unsecured other long term borrowings which have been reported net of the current portion
thereof.
This data field is an addendum information field. It reports the value of a company’s long term borrowings which
have been guaranteed by its directors. Companies disclose such information either by explicitly mentioning that a
loan has been guaranteed by a director(s), or it might specify that a particular loan has been taken in the name of a
director.
As per the Reserve Bank of India’s (RBI’s) guidelines, banks are permitted to take personal guarantees of directors
only when the same is absolutely warranted after a careful examination of the circumstances of the case.
As per the RBI’s guidelines, there are certain circumstances in which seeking a director’s personal guarantee is
considered helpful. These are:-
1. In the case of closely held private or public companies, except in respect of companies where, by court or
statutory order, the management of a company is vested in a person or group of persons, who are not required
to be elected by shareholders
2. In order to ensure continuity of a company’s management or to mitigate the negative impact of a different
group acquiring control of the company, even if it is not a closely held company
3. In the case of public limited companies other than those rated first class where the loan is unsecured and
where the company’s financial position and/or cash position is deemed to be unsatisfactory
4. In order to cover up for the interim period between the disbursement of loan and creation of charge on the
borrowing company’s assets, where there is a delay in the creation of such a charge
6. In the case of interlocking of funds between a company and other concerns owned or managed by the same
group
7. In the case of sick units, so as to instill greater accountability and responsibility, and in order to motivate the
management to run the assisted units on sound and healthy lines and to ensure financial descipline
The revised schedule VI, which is in accordance with the IFRS requirements, mandates the segregation of assets
and liabilities into current and non-current portions. The revised schedule VI applies to all companies, except
banks. This field is one among the many that have been introduced to capture the additional disclosures made
by companies in accordance with the revised Schedule VI format. Such data is available from the financial year
2011-12 onwards, in most cases.
Current portion refers to that portion of a conventional long term item that is expected to be paid off within a period
of 12 months from the balance sheet date. In the light of the new guidelines of the revised schedule VI, companies
are expected to segregate the current portion from conventional long term items.
Accordingly, some companies report the gross value of their long term items with a separate disclosure of the
current portion thereof, while some others show long term items net of the current portion. This data field captures
the value of those companies’ long term borrowings guaranteed by directors, which have been reported net of the
current portion thereof.
This data field captures the outstanding value of the long term provisions created by a company for meeting po-
tential losses that could arise on account of default on the part of trade receivables, loans & advances, and non-
performing assets (NPAs) in the case of non banking finance companies).
Although some companies might report the value of provisions for doubtful assets separately, most of them usually
report provisions for doubtful assets in the schedules/notes to accounts pertaining to the asset classes, i.e. trade
receivables, advances, etc, wherein they are deducted from the gross value of the asset so as to arrive at the value
of the asset net of provision for the doubtful portion. For instance, companies might report the value of trade
receivables net of provision for doubtful trade receivables. However, Prowess captures the gross value of the asset
classes without deducting the value of the doubtful portion, and presents the provision for doubtful assets separately,
wherever it is possible.
The accounting principles of conservatism and prudence require that companies not only record liabilities that have
been incurred, but also make provisions for potential liabilities. A provision is usually made for a possible future
liability such as a contingent liability, possibly becoming a liability in the future, or a loan becoming unrecoverable.
Provisions are meant to set aside an amount to provide for a known liability. The liability should be a present
obligation, which has arisen as a result of a past event and where payment is probable, and the amount can be
reliably estimated.
As per the guidelines of the revised Schedule VI of the Companies Act, 1956, companies are required to classify
their assets and liabilities into non-current and current portions. Similarly, a company’s provisions can be classified
on the basis of their tenure, into ’long term’ (non-current) and ’short term’ (current) portions. Accordingly, a long
term provision is one that is created to take care of a long term liability, i.e. a liability that is not expected to become
due for payment within 12 months from the balance sheet date. This data field captures the outstanding value of a
company’s long term provisions for doubtful long term trade receivables, long term advances and NPAs.
Ind-AS for NBFCs has been implemented from financial year 2018-19 in accordance with Division III of Schedule
III of Companies Act, 2013 which did not require companies to provide current and non-current classification for
assets and liabilities. Hence data for Ind-AS compliant NBFCs would not be available under this field. The data
for provisions created by Ind-AS compliant NBFCs is available under ’Provision for bad and doubtful advances,
debts and other receivables’ field.
The data captured in this particular field can be segregated into two categories, for which separate fields are available
in Prowess, namely:-
However, it is not necessary that the amount captured in this field has to be be allocated among the child fields.
This is because sometimes, companies might simply report an item in the like of ’provision for doubtful assets’
without showing how much pertains to trade receivables, and how much relates to loans & advances, etc.
This field is one among the many that have been introduced to capture the additional disclosures made by companies
in accordance with the revised Schedule VI format. Such data is usually available from the financial year 2011-12
onwards. It is likely to arise only in the case of non-banking financial institutions, since banks are not expected to
adhere to the revised schedule VI. Banks are not required to segregate their provisions for doubtful assets into long
term and short term sections. Provisions for doubtful assets and NPAs pertaining to banks can be found in the ’auto
calculations’ section of indicators of the query builder.
Description:
This data field captures the outstanding value of the long term provisions created by a company for meeting poten-
tial losses that could arise on account of default on the part of its trade receivables. In other words, it captures the
outstanding value of a company’s long term provisions for doubtful trade receivables.
From the point of view of any company, ’trade receivables’ refer to amounts that are due to be received by it on
account of goods sold and/or services rendered in the normal course of business. Prior to the revised schedule VI,
trade receivables were known as ’sundry debtors’. The revised schedule VI not only required the renaming of the
term, but also invoked a slight change in the definition/scope of the term so that it now no longer includes amounts
due on account of other contractual obligations.
Doubtful trade receivables (whether secured or unsecured) are those which are considered doubtful in terms of
credit-worthiness, i.e. there is a perception of a high risk of default with respect to this class of receivables. In other
words, it is that class of a company’s trade receivables for which a company has braced itself to expect a substantial
or a complete default. Accordingly, the company creates a provision for the same.
The accounting principles of conservatism and prudence require that companies not only record liabilities that have
been incurred, but also make provisions for potential liabilities. A provision is usually made for a possible future
liability such as a contingent liability, possibly becoming a liability in the future, or a loan becoming unrecoverable.
Provisions are meant to set aside an amount to provide for a known liability. The liability should be a present
obligation, which has arisen as a result of a past event and where payment is probable, and the amount can be
reliably estimated.
Although some companies might report the value of provisions for doubtful trade receivables separately, most of
them usually report provisions for doubtful trade receivables in the schedules/notes to accounts pertaining to trade
receivables, wherein they are deducted from the gross value so as to arrive at the value of trade receivables net of
the provision for the doubtful portion. However, Prowess captures the gross value without deducting the value of
the doubtful portion, and presents the provision for doubtful trade receivables separately, wherever it is possible.
As per the guidelines of the revised Schedule VI of the Companies Act, 1956, companies are required to classify
their assets and liabilities into non-current and current portions. Similarly, a company’s provisions can be classified
on the basis of their tenure, into ’long term’ (non-current) and ’short term’ (current) portions. Accordingly, a long
term provision is one that is created to take care of a long term liability, i.e. a liability that is not expected to
become due for payment within 12 months from the balance sheet date. This data field captures the outstanding
value of a company’s provisions for doubtful long term trade receivables. Being long term in nature, this provision
is expected to stay in the company’s books for more than a year from the current balance sheet date.
Ind-AS for NBFCs has been implemented from financial year 2018-19 in accordance with Division III of Schedule
III of Companies Act, 2013 which did not require companies to provide current and non-current classification for
assets and liabilities. Hence. data for Ind-AS compliant NBFCs would not be available under this field. Data for
provision for doubtful trade receivables for Ind-AS compliant NBFCs is available under ’Provision for doubtful
trade receivables outstanding’ field.
This field is one among the many that have been introduced to capture the disclosures made by companies in
accordance with the revised Schedule VI format. Such data is usually available from the financial year 2011-12
onwards. It is likely to arise only in the case of non-banking financial institutions, since banks are not expected to
adhere to the revised schedule VI.
This data field captures the outstanding value of the long term provisions created by a company for meeting poten-
tial losses that could arise on account of default on the part of its loans & advances. In other words, it captures the
outstanding value of a company’s long term provisions for doubtful loans and advances in the case of non-finance
companies and long term provisions for non performing assets (NPAs) in the case of finance companies.
A large chunk of a finance company’s assets are in the nature of financial and legal claims on the property and
wealth of other entities. Loans & advances form a major part of a finance company’s assets. An asset becomes
a non-performing when it ceases to generate income. Earlier an asset was considered as a non-performing asset
(NPA) based on the concept of ’Past Due’. An NPA was defined as an asset in respect of which interest and/or
installment of principal has remained ’past due’ for a specific period of time. An amount was considered as past
due, when it remains outstanding for 30 days beyond the due date. With effect from 31 March 2001, however, the
overdue period is calculated from the due date of payment.
Since 31 March 2004, ’90 days overdue’ norms for the identification of NPAs were made applicable in order
to effect a transition towards international best practices and to ensure greater transparency. Hence, NPAs were
defined as loans & advances where:-
• In respect of a term loan, interest and/or installment of principal remains overdue for a period of more than
90 days.
• In respect of an overdraft/cash credit (OD/CC) facility, the account remains ’Out of order’ for a period ex-
ceeding 90 days
• In the case of bills purchased and discounted, the bill remains overdue for a period of more than 90 days
• In the case of direct agricultural advances for short duration crops, where there is an overdue for two crop
seasons. A direct agricultural loan granted for long duration crops will be treated as NPA, if the installment
of principal or interest thereon remains overdue for one crop season. In other cases, identification of NPAs
would be done on the same basis as non-agricultural advances.
• In respect of other accounts, where any amount to be received remains overdue for a period of more than 90
days
This data field stores the outstanding value of of long term provisions made in a finance company’s books in order
to meet the possibility of NPAs.
A non-finance company might also have assets in terms of advances, by way of monies lent to other entities. As in
the case of NPAs of finance companies, it might need to make provisions for doubtful advances.
The accounting principles of conservatism and prudence require that companies not only record liabilities that have
been incurred, but also make provisions for potential liabilities. A provision is usually made for a possible future
liability such as a contingent liability, possibly becoming a liability in the future, or a loan becoming unrecoverable.
Provisions are meant to set aside an amount to provide for a known liability. The liability should be a present
obligation, which has arisen as a result of a past event and where payment is probable, and the amount can be
reliably estimated.
As per the guidelines of the revised Schedule VI of the Companies Act, 1956, companies are required to classify
their assets and liabilities into non-current and current portions. Similarly, a company’s provisions can be classified
on the basis of their tenure, into ’long term’ (non-current) and ’short term’ (current) portions. Accordingly, a long
term provision is one that is created to take care of a long term liability, i.e. a liability that is not expected to become
due for payment within 12 months from the balance sheet date. This data field captures the outstanding value of
a company’s long term provisions for doubtful advances and NPAs. Being long term in nature, this provision is
expected to stay in the company’s books for more than a year from the current balance sheet date.
This field is one among the many that have been introduced to capture the disclosures made by companies in
accordance with the revised Schedule VI format. Such data is usually available from the financial year 2011-12
onwards. It is likely to arise only in the case of non finance companies and non-banking financial companies, since
banks are not expected to adhere to the revised schedule VI.
A derivative is a financial instrument which derives its value from the underlying variable like interest rate, forex
rate, financial instrument prices etc. and is settled at specified date.
Financial derivative instruments create rights and obligations that have the effect of transferring between the parties
to the instrument one or more of the financial risks(such as interest rate risk, currency, equity and commodity price
risk, credit risk, etc.) inherent in an underlying primary financial instrument(such as receivables, payables and
equity instruments).These are used for a number of purposes including risk management, hedging, arbitrage in
or between markets, and speculation. These are marketed either over-the-counter (OTC) or through an exchange
(exchange traded).A derivative instrument is classified as fair value through profit & loss and or fair value through
other comprehensive income on the basis of holding it for hedging or trading.There are various types of financial
derivative instruments such as futures, forwards, swaps & options,interest rate caps, collars and floors.
On inception, financial derivative instruments give one party a contractual right to exchange financial assets or
financial liabilities with another party under conditions that are potentially favourable, or a contractual obliga-
tion to exchange financial assets or financial liabilities with another party under conditions that are potentially
unfavourable. However, they generally do not result in a transfer of the underlying primary financial instrument
on inception of the contract, nor does such a transfer necessarily take place on maturity of the contract. Some
instruments embody both a right and an obligation to make an exchange. Because the terms of the exchange are
determined on inception of the derivative instrument, as prices in financial markets change those terms may become
either favourable or unfavourable.After inception, changes of prices in financial markets which makes terms of the
exchange unfavourable leads to recognition of financial derivative liabilities.
E.g. A forward contract to be settled in six months time in which one party (the purchaser) promises to de-
liver Rs.1,000,000 cash in exchange for Rs.1,000,000 face amount of fixed rate government bonds, and the other
party (the seller) promises to deliver Rs.1,000,000 face amount of fixed rate government bonds in exchange for
Rs.1,000,000 cash. During the six months, both parties have a contractual right and a contractual obligation to ex-
change financial instruments. If the market price of the government bonds rises above Rs.1,000,000, the conditions
will be favourable to the purchaser and unfavourable to the seller; if the market price falls below Rs.1,000,000, the
effect will be the opposite. The purchaser has a contractual right (a financial asset) similar to the right under a call
option held and a contractual obligation (a financial liability) similar to the obligation under a put option written;
the seller has a contractual right (a financial asset) similar to the right under a put option held and a contractual obli-
gation (a financial liability) similar to the obligation under a call option written. As with options, these contractual
rights and obligations constitute financial assets and financial liabilities separate and distinct from the underlying
financial instruments (the bonds and cash to be exchanged). Both parties to a forward contract have an obligation
to perform at the agreed time, whereas performance under an option contract occurs only if and when the holder of
the option chooses to exercise it.
Contracts to buy or sell non-financial items do not meet the definition of a financial instrument because the con-
tractual right of one party to receive a non- financial asset or service and the corresponding obligation of the other
party do not establish a present right or obligation of either party to receive, deliver or exchange a financial asset.
For example, contracts that provide for settlement only by the receipt or delivery of a non-financial item (eg an
option, futures or forward contract on silver) are not financial instruments.However, some contracts to buy or sell
non-financial items that can be settled net or by exchanging financial instruments, or in which the non-financial
item is readily convertible to cash, are within the ambit of financial derivative instrument.
IND AS 32 Financial Instruments: Presentation & IND AS 109 Financial Instruments governes the recognition
and presentation of financial derivative instrument.However there is no accounting standard specified in IGAAP
for recognition of financial derivative instrument.The accounting principles of conservatism and prudence require
that companies not only record liabilities that have been incurred, but also make provisions for potential liabili-
ties.Therefore,any provision for estimated loss on derivative reported by companies which is not expected to be-
come due within the period of 12 months from the balance sheet date is captured in this field.In case of IND AS,
this field captures non current portion of derivative financial instruments liabilities.
A derivative is a financial instrument which derives its value from the underlying variable like interest rate, forex
rate, financial instrument prices etc. and is settled at specified date.
Financial derivative instruments create rights and obligations that have the effect of transferring between the parties
to the instrument one or more of the financial risks(such as interest rate risk, currency, equity and commodity price
risk, credit risk, etc.) inherent in an underlying primary financial instrument(such as receivables, payables and
equity instruments).These are used for a number of purposes including risk management, hedging, arbitrage in
or between markets, and speculation. These are marketed either over-the-counter (OTC) or through an exchange
(exchange traded).A derivative instrument is classified as fair value through profit & loss and or fair value through
other comprehensive income on the basis of holding it for hedging or trading.There are various types of financial
derivative instruments such as futures, forwards, swaps & options,interest rate caps, collars and floors.
On inception, financial derivative instruments give one party a contractual right to exchange financial assets or
financial liabilities with another party under conditions that are potentially favourable, or a contractual obliga-
tion to exchange financial assets or financial liabilities with another party under conditions that are potentially
unfavourable. However, they generally do not result in a transfer of the underlying primary financial instrument
on inception of the contract, nor does such a transfer necessarily take place on maturity of the contract. Some
instruments embody both a right and an obligation to make an exchange. Because the terms of the exchange are
determined on inception of the derivative instrument, as prices in financial markets change those terms may become
either favourable or unfavourable.After inception, changes of prices in financial markets which makes terms of the
exchange unfavourable leads to recognition of financial derivative liabilities.
E.g. A forward contract to be settled in six months time in which one party (the purchaser) promises to de-
liver Rs.1,000,000 cash in exchange for Rs.1,000,000 face amount of fixed rate government bonds, and the other
party (the seller) promises to deliver Rs.1,000,000 face amount of fixed rate government bonds in exchange for
Rs.1,000,000 cash. During the six months, both parties have a contractual right and a contractual obligation to ex-
change financial instruments. If the market price of the government bonds rises above Rs.1,000,000, the conditions
will be favourable to the purchaser and unfavourable to the seller; if the market price falls below Rs.1,000,000, the
effect will be the opposite. The purchaser has a contractual right (a financial asset) similar to the right under a call
option held and a contractual obligation (a financial liability) similar to the obligation under a put option written;
the seller has a contractual right (a financial asset) similar to the right under a put option held and a contractual obli-
gation (a financial liability) similar to the obligation under a call option written. As with options, these contractual
rights and obligations constitute financial assets and financial liabilities separate and distinct from the underlying
financial instruments (the bonds and cash to be exchanged). Both parties to a forward contract have an obligation
to perform at the agreed time, whereas performance under an option contract occurs only if and when the holder of
the option chooses to exercise it.
Contracts to buy or sell non-financial items do not meet the definition of a financial instrument because the con-
tractual right of one party to receive a non- financial asset or service and the corresponding obligation of the other
party do not establish a present right or obligation of either party to receive, deliver or exchange a financial asset.
For example, contracts that provide for settlement only by the receipt or delivery of a non-financial item (eg an
option, futures or forward contract on silver) are not financial instruments.However, some contracts to buy or sell
non-financial items that can be settled net or by exchanging financial instruments, or in which the non-financial
item is readily convertible to cash, are within the ambit of financial derivative instrument.
IND AS 32 Financial Instruments: Presentation & IND AS 109 Financial Instruments governes the recognition
and presentation of financial derivative instrument.However there is no accounting standard specified in IGAAP
for recognition of financial derivative instrument.The accounting principles of conservatism and prudence require
that companies not only record liabilities that have been incurred, but also make provisions for potential liabili-
ties.Therefore,any provision for estimated loss on derivative reported by companies which is expected to become
due within the period of 12 months from the balance sheet date is captured in this field.In case of IND AS, this field
captures current portion of derivative financial instruments liabilities.
There is no monetary limit with regard to the amount that a company can raise through ADRs/GDRs. Also, there
are no restrictions on the end use of funds thus raised, except in case a ban has been imposed on the deploy-
ment/investment of such funds in real estate or in the stock market.
4. Research and Development Fund: Generally, companies involved in research and development appropriate a
part of their profits for creating a separate reserve called the Research and Development Fund. This reserve
is created to fund research and development activities.
• Fixed deposits
• Commercial papers
• Other borrowings
• Sub-ordinated debt (banks and finance companies)
As companies have been presenting their financial statements in the new format only since April 2011, the time-
series for current and non-current liabilities is available only since 2010-11. Such data is not available for years
prior to 2010-11.
To maintain a time series, it becomes necessary for us to continue to capture data in old format as well. Thus, while
the non-current and current borrowings are captured under non-current and current liabilities, the total amount
of borrowings (long term borrowings + short term borrowings + current maturities of long term debt & lease) is
captured in this data field, for which a long time-series is available.
schedule VI was applied) and the sum of the long term and short term classifications of the same, reported as per
the IFRS-based revised schedule VI guidelines.
2011-12 (before the revised schedule VI was applied) and the sum of the long term and short term classifications
of the same, reported as per the IFRS-based revised schedule VI guidelines.
2011-12 (before the revised schedule VI was applied) and the sum of the long term and short term classifications
thereof reported as per the IFRS-based revised schedule VI guidelines.
In summary, this data field captures the value of a banking company’s secured loans from other business enterprises,
the historical data of the same of all non-banking companies as reported prior to 2011-12 (before the revised
schedule VI was applied) and the sum of the long term and short term classifications thereof reported as per the
IFRS-based revised schedule VI guidelines.
Inter-corporate loans are loans provided by one company to another. Such loans include loans taken from subsidiary
companies, group & associate companies and other companies. This data field captures all loans taken from
business entities other than subsidiaries and group companies.
The Prowess database captures secured and unsecured inter-corporate borrowings separately. This data field cap-
tures the outstanding value of all unsecured loans taken from business entities other than subsidiaries and group
companies.
Loans taken from firms and corporates in which a director (other than a promoter director) of the company has a
substantial interest but are not subsidiaries or group companies is also reported in this field.
A company that lends an inter-corporate loan is required to adhere to the stipulations contained in Section 372A of
the Companies Act, 1956. The lending company can lend to the extent of 60% of its paid-up share capital and free
reserves, or 100% of its free reserves, whichever is higher. If it seeks to lend an amount above the aforementioned
limit, it is required to seek approval by way of a special resolution. The loan can not be lent at rates lower than the
prevailing bank rate. Also, if the lending company is in default under section 58A of the Companies Act, 1956,
then it is not allowed to lend to other corporate. Additionally, the lending company is required to maintain a register
of loans with prescribed details.
The total amount of unsecured loans from other business enterprises is also captured separately under current and
non-current liabilities. ’Non-current liabilities’ and ’Current liabilities’ have been added as separate sections under
total liabilities in Prowess after the introduction of revised schedule VI. Since April 2011, companies are required
to present their financial statements as per revised schedule VI. As per the new schedule, companies are required
to segregate their assets and liabilities into current and non-current portions.
Hence, unsecured long term loans from other business enterprises is captured under non-current liabilities and the
unsecured short term loans from other business enterprises is captured under current liabilities.
As companies have been presenting their financial statements in the new format only since April 2011, the time-
series for current and non-current liabilities is available only since 2010-11. Such data is not available for years
prior to 2010-11.
To maintain a time series, it becomes necessary for us to continue to capture data in old format as well. Thus,
while the non-current and current unsecured loans from other business enterprises is captured under non-current
and current liabilities, the total amount of unsecured loans from other business enterprises (unsecured long term
loans from other business enterprises + unsecured short term loans from other business enterprises) is captured in
this data field, for which a long time-series is available.
The value of unsecured long term loans from other business enterprises used for calculating this data field is
including the current portion of the borrowings which are expected to be paid off within a period of 12 months
from the balance sheet date. However, where companies do not report the current portion of long term borrowing
for individual class of borrowing or reports current portion for the total sum of all types of borrowings, then this
data field might sometimes include unsecured long term loans from other business enterprises excluding current
portion of borrowing.
Description:
Suppliers Credit generally relates to credit for imports into India extended by the overseas suppliers or financial
institutions outside India. However, there are cases of such credit from domestic suppliers as well. Where “seed
money” to launch the business is needed to cover costs related to equipment, fixtures, supplies, among others,
buyers may finance their start up with suppliers credit. Many suppliers have developed credit programs where they
provide the goods on credit; re-paid with interest, over a specified period. It reduces the need for short-term loans
from banks.
Suppliers credit is different from sundry creditors. Sundry creditors include liabilities to regular suppliers from
whom the company has bought goods on credit and to whom payments are due in the course of routine trading and
operating activities such as purchase of goods, materials and services. The facility to make payment at a deferred
date is availed in the normal course of business with no extra cost.
Suppliers credit on the other hand is in the nature of a short term loan for capital goods. Normally suppliers’
credit is payable within a year, however, when the quantum of capital goods supplied and the amount involved is
large, the credit period may extend beyond one year. This is particularly so in the case of sectors like power and
telecommunication where large and costly machinery is bought and where installation of such machinery takes a
long time.
Secured credit granted by domestic suppliers of plant and machinery or other capital goods is reported in this data
field. It captures suppliers credit from domestic suppliers alone. Foreign suppliers’ credit is not a part of this data
field, it is reported separately. In case the company has not classified suppliers’ credit as secured or unsecured then
the same is reported by Prowess as ‘unsecured domestic suppliers’ credit’.
If a company reports only ‘Suppliers Credit’ in its balance sheet and does not report ‘Sundry Creditors for goods’
anywhere including the notes to accounts, then in such a case, Prowess assumes that the ‘Suppliers Credit’ given in
the balance sheet is for goods and services. And, it is reported as ‘Sundry creditors for goods and services’ under
Current Liabilities and Provisions, and not in this data field.
The total amount of unsecured domestic supplier’s credit is also captured separately under current and non-current
liabilities in Prowess. ’Non-current liabilities’ and ’Current liabilities’ have been added as a separate section under
total liabilities in Prowess after the introduction of revised schedule VI. Since April 2011, companies are required
to present their financial statements as per revised schedule VI. As per the new schedule, companies are required
to segregate their assets and liabilities into current and non-current portions.
Hence, the non-current portion of secured domestic supplier’s credit is captured under non-current liabilities as
’Secured long term domestic suppliers/buyer credit’ and the current portion is captured under current liabilities as
’Secured short term domestic suppliers/buyer credit’.
As companies have been presenting their financial statements in the new format only since April 2011, the time-
series for current and non-current liabilities is available only since 2010-11. Such data is not available for years
prior to 2010-11.
To maintain a time series, it becomes necessary for us to continue to capture data in old format as well. Thus, while
the non-current and current secured domestic suppliers credit is captured under non-current and current liabilities,
the total amount of secured domestic suppliers credit (non-current + current) is captured in this data field, for which
a long time-series is available.
The value of secured long term domestic supplier’s credit used for calculating this data field is including the current
portion of the borrowings which are expected to be paid off within a period of 12 months from the date of balance
sheet date. However, where companies do not report the current portion of long term borrowing for individual
class of borrowing or reports current portion for the total sum of all types of borrowings, then this data field might
sometimes include secured long term domestic supplier’s credit excluding current portion of borrowing.
Credit granted by domestic suppliers of plant and machinery or other capital goods is reported in this data field.
Suppliers credit is different from sundry creditors, the distinction being that supplier’s credit pertains to credit for
large capital goods items.
Usually suppliers’ credit is payable within an year, however, when the quantum of capital goods supplied and the
amount involved is large, the credit period may extend beyond one year. This is particularly so in the case of
sectors like power and telecommunication where large and costly machinery is bought and where installation of
such machinery takes a long time.
Suppliers’ credit is generally unsecured in nature and all such credits is reported in this data field. Only in cases
where a company specifically classifies suppliers’ credit as secured, then it is captured as secured supplier’s credit.
In all other cases, supplier’s credit is captured as unsecured.
Foreign suppliers’ credit is not a part of this data field. It is reported separately.
If a company reports only ’Suppliers Credit’ in its balance sheet and does not report ’Sundry Creditors for goods’
anywhere including the notes to accounts, then in such a case, Prowess assumes that the ’Suppliers Credit’ given in
the balance sheet is for goods and services. And, it is reported as ’Sundry creditors for goods and services’ under
Current Liabilities and Provisions, and not in this data field.
The total amount of unsecured domestic supplier’s credit is also captured separately under current and non-current
liabilities in Prowess. ’Non-current liabilities’ and ’Current liabilities’ have been added as a separate section under
total liabilities in Prowess after the introduction of revised schedule VI. Since April 2011, companies are required
to present their financial statements as per revised schedule VI. As per the new schedule, companies are required
to segregate their assets and liabilities into current and non-current portions.
Hence, the non-current portion of unsecured domestic supplier’s credit is captured under non-current liabilities as
’Unsecured long term domestic suppliers/buyers credit’ and the current portion is captured under current liabilities
as ’Unsecured short term domestic suppliers/buyers credit’.
As companies have been presenting their financial statements in the new format only since April 2011, the time-
series for current and non-current liabilities is available only since 2010-11. Such data is not available for years
prior to 2010-11.
To maintain a time series, it becomes necessary for us to continue to capture data in old format as well. Thus,
while the non-current and current unsecured domestic supplier’s credit is captured under non-current and current
liabilities, the total amount of unsecured domestic suppliers credit (non-current + current) is captured in this data
field, for which a long time-series is available.
The value of unsecured long term domestic suppliers credit used for calculating this data field is including the
current portion of the borrowings which are expected to be paid off within a period of 12 months from the date
of balance sheet date. However, where companies do not report the current portion of long term borrowing for
individual class of borrowing or reports current portion for the total sum of all types of borrowings, then this
data field might sometimes include unsecured long term domestic supplier’s credit excluding current portion of
borrowing.
This data field is an addendum information field. It reports the value of a company’s long term borrowings which
have been guaranteed by its directors. Companies disclose such information either by explicitly mentioning that a
loan has been guaranteed by a director(s), or it might specify that a particular loan has been taken in the name of a
director.
As per the Reserve Bank of India’s (RBI’s) guidelines, banks are permitted to take personal guarantees of directors
only when the same is absolutely warranted after a careful examination of the circumstances of the case.
As per the RBI’s guidelines, there are certain circumstances in which seeking a director’s personal guarantee is
considered helpful. These are:-
1. In the case of closely held private or public companies, except in respect of companies where, by court or
statutory order, the management of a company is vested in a person or group of persons, who are not required
to be elected by shareholders
2. In order to ensure continuity of a company’s management or to mitigate the negative impact of a different
group acquiring control of the company, even if it is not a closely held company
3. In the case of public limited companies other than those rated first class where the loan is unsecured and
where the company’s financial position and/or cash position is deemed to be unsatisfactory
4. In order to cover up for the interim period between the disbursement of loan and creation of charge on the
borrowing company’s assets, where there is a delay in the creation of such a charge
6. In the case of interlocking of funds between a company and other concerns owned or managed by the same
group
7. In the case of sick units, so as to instill greater accountability and responsibility, and in order to motivate the
management to run the assisted units on sound and healthy lines and to ensure financial descipline
The revised schedule VI, which is in accordance with the IFRS requirements, mandates the segregation of assets
and liabilities into current and non-current portions. The revised schedule VI applies to all companies, except
banks. This field is one among the many that have been introduced to capture the additional disclosures made
by companies in accordance with the revised Schedule VI format. Such data is available from the financial year
2011-12 onwards, in most cases.
Current portion refers to that portion of a conventional long term item that is expected to be paid off within a period
of 12 months from the balance sheet date. In the light of the new guidelines of the revised schedule VI, companies
are expected to segregate the current portion from conventional long term items.
Accordingly, some companies report the gross value of their long term items with a separate disclosure of the
current portion thereof, while some others show long term items net of the current portion. This data field captures
the value of those companies’ long term borrowings guaranteed by directors, which have been reported as a gross
figure, without excluding the current portion thereof.
Any asset in the balance sheet is classified as non-current asset if the following conditions are satified:
1. The entity does not intend to sell or consume the asset in the normal operating cycle 2. The asset is held
primarily for the purpose other than trading 3. The entity does not expect to realise the asset within 12 months from
the balance sheet date 4. The asset is not easily convertible into cash and is not expected to become cash within 12
months
Non current assets include tangible and intangible assets. It also includes capital work in progress which refers to
fixed assets that are in process of being installed or constructed. The total amount of long term investments, long
term loans and advances and other long term assets of a company are also classified as non current assets.
The data for non current assets is available in Prowess only from the financial year ending March 2012, as the
revised schedule VI was introduced for preparation of financial statements by all companies on or from 1 April
2011. The new schedule VI requires companies to segregate their assets and liabilities into current and non-current
portions. Thus, the data for long-term investments, long-term loans & advances and other long-term assets is
available in the balance sheet of companies only from the year ending 2011-12.
total amount of deferred tax assets is reported here. The gross amount of deferred tax liability is separately reported
under the deferred tax liability data field under liabilities.
Trade receivables refer to amounts due to be received by a company on account of goods sold and/or services
rendered in the normal course of business. Prior to the revised schedule VI, trade receivables were known as
’sundry debtors’. The revised schedule VI not only involved the renaming of the term, but also slightly changed
the definition so that it now no longer includes amounts due on account of other contractual obligations. This data
field captures the value of a company’s long term trade receivables.
The Old Schedule VI required the separate presentation of debtors outstanding for a period exceeding six months
based on the ’date on which the bill/invoice was raised’. On the other hand, as per the Revised Schedule VI,
separate disclosure of ’trade receivables outstanding for a period exceeding six months’ is calculated with respect
to the date on which a bill/invoice becomes due for payment.
As per the guidelines of the revised Schedule VI of the Companies Act, 1956, companies are required to classify
their assets and liabilities into non-current and current portions. Similarly, a company’s trade receivables can be
classified on the basis of their tenure, into ’long term’ (non-current) and ’short term’ (current) portions. Accord-
ingly, where a trade receivable is expected to remain outstanding for a period exceeding 12 months from the balance
sheet date, it is classified as being long term in nature. This data field captures such long term trade receivables.
This field is one among the many that have been introduced to capture the additional disclosures made by companies
in accordance with the revised Schedule VI format. Such data is usually available from the financial year 2011-12
onwards. It is likely to arise only in the case of non-banking financial institutions, since banks are not expected to
adhere to the revised schedule VI.
This data field represents a broad classification which can be sub-classified into the following:-
• Long term Trade Receivables which have significant increase in Credit Risk
The MCA, vide its notification dated 16 February 2015, had issued a road map and criteria for implementation of
Ind-AS in accordance with Division II of Schedule III of Companies Act, 2013 by companies. This is not applicable
to banking companies, insurance companies and NBFCs. Companies are required to adopt Ind-AS beginning the
financial year 2016-17 if they meet the adoption criteria specified in the roadmap. Such companies are required
to present their financial statement as per the format specified in Division II. Under Ind-AS, two new terms were
introduced under Trade Receivables Trade receivables which have significant increase in credit risk’ and Trade
receivables- credit impaired’ by notification dated October 2018. Therefore, data is available in the fields Long
term Trade Receivables which have significant increase in credit risk’ and Long term trade receivables - credit
impaired’ only for Ind-AS compliant companies.
In addition to the above, Ind-AS for NBFCs has been implemented from financial year 2018-19 in accordance
with Division III of Schedule III of Companies Act, 2013 which did not require companies to provide current
and non-current classification for assets and liabilities. Similar to Division II above, the format prescribed under
Division III also does not require companies to provide bifurcation of Trade Receivables or their corresponding
provision into Outstanding for less than six months’ and Outstanding for more than six months’. Hence data for
Ind-AS compliant NBFCs would not be available under this field. Instead, data for total trade receivables of such
companies is available under ’Trade receivables, outstanding period unspecified’ field.
A derivative is a financial instrument which derives its value from the underlying variable like interest rate, forex
rate, financial instrument prices etc. and is settled at specified date.
Financial derivative instruments create rights and obligations that have the effect of transferring between the parties
to the instrument one or more of the financial risks(such as interest rate risk, currency, equity and commodity price
risk, credit risk, etc.) inherent in an underlying primary financial instrument(such as receivables, payables and
equity instruments).These are used for a number of purposes including risk management, hedging, arbitrage in
or between markets, and speculation. These are marketed either over-the-counter (OTC) or through an exchange
(exchange traded).A derivative instrument is classified as fair value through profit & loss and or fair value through
other comprehensive income on the basis of holding it for hedging or trading.There are various types of financial
derivative instruments such as futures, forwards, swaps & options,interest rate caps, collars and floors.
On inception, financial derivative instruments give one party a contractual right to exchange financial assets or
financial liabilities with another party under conditions that are potentially favourable, or a contractual obliga-
tion to exchange financial assets or financial liabilities with another party under conditions that are potentially
unfavourable. However, they generally do not result in a transfer of the underlying primary financial instrument
on inception of the contract, nor does such a transfer necessarily take place on maturity of the contract. Some
instruments embody both a right and an obligation to make an exchange. Because the terms of the exchange are
determined on inception of the derivative instrument, as prices in financial markets change those terms may become
either favourable or unfavourable.After inception, changes of prices in financial markets which makes terms of the
exchange favourable leads to recognition of financial derivative assets.
E.g. A forward contract to be settled in six months time in which one party (the purchaser) promises to de-
liver Rs.1,000,000 cash in exchange for Rs.1,000,000 face amount of fixed rate government bonds, and the other
party (the seller) promises to deliver Rs.1,000,000 face amount of fixed rate government bonds in exchange for
Rs.1,000,000 cash. During the six months, both parties have a contractual right and a contractual obligation to ex-
change financial instruments. If the market price of the government bonds rises above Rs.1,000,000, the conditions
will be favourable to the purchaser and unfavourable to the seller; if the market price falls below Rs.1,000,000, the
effect will be the opposite. The purchaser has a contractual right (a financial asset) similar to the right under a call
option held and a contractual obligation (a financial liability) similar to the obligation under a put option written;
the seller has a contractual right (a financial asset) similar to the right under a put option held and a contractual obli-
gation (a financial liability) similar to the obligation under a call option written. As with options, these contractual
rights and obligations constitute financial assets and financial liabilities separate and distinct from the underlying
financial instruments (the bonds and cash to be exchanged). Both parties to a forward contract have an obligation
to perform at the agreed time, whereas performance under an option contract occurs only if and when the holder of
the option chooses to exercise it.
Contracts to buy or sell non-financial items do not meet the definition of a financial instrument because the con-
tractual right of one party to receive a non- financial asset or service and the corresponding obligation of the other
party do not establish a present right or obligation of either party to receive, deliver or exchange a financial asset.
For example, contracts that provide for settlement only by the receipt or delivery of a non-financial item (eg an
option, futures or forward contract on silver) are not financial instruments.However, some contracts to buy or sell
non-financial items that can be settled net or by exchanging financial instruments, or in which the non-financial
item is readily convertible to cash, are within the ambit of financial derivative instrument.
This field captures non-current portion of financial derivative instruments assets.
provision into Outstanding for less than six months’ and Outstanding for more than six months’. Hence data for
Ind-AS compliant NBFCs would not be available under this field. The data for total trade and bills receivables of
such companies is available under ’Trade receivables & bills receivable’ field.
This data field captures the gross amount of trade receivables & bills receivables. The amount of provision for
bad and doubtful debts is not subtracted from the amountof trade receivables. Even if a company reports trade
receivables net of provisions for doubtful debts, Prowess adds back these provisions and reports trade receivables
& bills receivables at the gross amount. Provision for bad and doubtful debts is captured separately under current
liabilities and provisions.
This data field captures the value of a company’s trade receivables that are current in nature, i.e. which are expected
to be converted into cash within the normal operating cycle or within one year from the balance sheet date.
Prior to the introduction of the revised schedule VI, trade receivables were known as sundry debtors. Typically,
trade receivables are what a company’s customers owe to it for goods and services provided by it in the normal
course of business.
Sundry debtors are conventionally current assets. The erstwhile sundry debtors always fell within current assets.
The revised Schedule VI, however, has made a provision to capture the non-current portion thereof separately as
long term trade receivables. This data field captures that portion of a company’s trade receivables that qualify as
current assets.
The erstwhile schedule VI (prior to recent revision) required separate presentation of debtors outstanding for a
period exceeding six months calculated from the date on which the bill/invoice was raised. The revised schedule
VI, however, requires a separate disclosure of trade receivables outstanding for a period exceeding six months,
calculated from the date the bill/invoice became due for payment.
The schedule VI, even after revision, requires companies to sub-classify their trade receivables into the categories
’Secured considered good’, ’Unsecured considered good’ and ’Doubtful’. The break-up of trade receivables into
secured, unsecured and doubtful is captured separately in Prowess.
The MCA, vide its notification dated 16 February 2015, had issued a road map and criteria for implementation
of Ind-AS in accordance with Division II of Schedule III of Companies Act, 2013 by companies. This is not
applicable to banking companies, insurance companies and NBFCs. Companies are required to adopt Ind-AS
beginning the financial year 2016-17 if they meet the adoption criteria specified in the roadmap. Such companies
are required to present their financial statement as per the disclosure format specified in Division II. Under Ind-
AS, Trade receivables are to be classified into current and non-current, and further into Secured, unsecured, and
doubtful. However, companies are not required to provide bifurcation of trade receivables into ’Outstanding for
less than six months’ and ’Outstanding for more than six months’. The structure for trade receivables applicable
to Ind-AS compliant companies was modified in October 2018. The updated structure was Secured, unsecured,
significant change in credit risk and credit impaired. These are captured separately in Prowess.
In addition to the above, Ind-AS for NBFCs has been implemented from financial year 2018-19 in accordance
with Division III of Schedule III of Companies Act, 2013 which did not require companies to provide current
and non-current classification for assets and liabilities. Similar to Division II above, the format prescribed under
Division III also does not require companies to provide bifurcation of Trade Receivables or their corresponding
provision into Outstanding for less than six months’ and Outstanding for more than six months’. Hence data for
Ind-AS compliant NBFCs would not be available under this field. Instead, data for total trade receivables of such
companies is available under ’Trade receivables, outstanding period unspecified’ field.
This data field captures the gross amount of trade receivables. The amount of provision for bad and doubtful debts
is not subtracted from the amount of trade receivables. Even if a company reports trade receivables net of provisions
for doubtful debts, Prowess adds back these provisions and reports trade receivables at the gross amount. Provision
for bad and doubtful debts is captured separately under current liabilities and provisions.
A derivative is a financial instrument which derives its value from the underlying variable like interest rate, forex
rate, financial instrument prices etc. and is settled at specified date.
Financial derivative instruments create rights and obligations that have the effect of transferring between the parties
to the instrument one or more of the financial risks(such as interest rate risk, currency, equity and commodity price
risk, credit risk, etc.) inherent in an underlying primary financial instrument(such as receivables, payables and
equity instruments).These are used for a number of purposes including risk management, hedging, arbitrage in
or between markets, and speculation. These are marketed either over-the-counter (OTC) or through an exchange
(exchange traded).A derivative instrument is classified as fair value through profit & loss and or fair value through
other comprehensive income on the basis of holding it for hedging or trading.There are various types of financial
derivative instruments such as futures, forwards, swaps & options,interest rate caps, collars and floors.
On inception, financial derivative instruments give one party a contractual right to exchange financial assets or
financial liabilities with another party under conditions that are potentially favourable, or a contractual obliga-
tion to exchange financial assets or financial liabilities with another party under conditions that are potentially
unfavourable. However, they generally do not result in a transfer of the underlying primary financial instrument
on inception of the contract, nor does such a transfer necessarily take place on maturity of the contract. Some
instruments embody both a right and an obligation to make an exchange. Because the terms of the exchange are
determined on inception of the derivative instrument, as prices in financial markets change those terms may become
either favourable or unfavourable.After inception, changes of prices in financial markets which makes terms of the
exchange favourable leads to recognition of financial derivative assets.
E.g. A forward contract to be settled in six months time in which one party (the purchaser) promises to de-
liver Rs.1,000,000 cash in exchange for Rs.1,000,000 face amount of fixed rate government bonds, and the other
party (the seller) promises to deliver Rs.1,000,000 face amount of fixed rate government bonds in exchange for
Rs.1,000,000 cash. During the six months, both parties have a contractual right and a contractual obligation to ex-
change financial instruments. If the market price of the government bonds rises above Rs.1,000,000, the conditions
will be favourable to the purchaser and unfavourable to the seller; if the market price falls below Rs.1,000,000, the
effect will be the opposite. The purchaser has a contractual right (a financial asset) similar to the right under a call
option held and a contractual obligation (a financial liability) similar to the obligation under a put option written;
the seller has a contractual right (a financial asset) similar to the right under a put option held and a contractual obli-
gation (a financial liability) similar to the obligation under a call option written. As with options, these contractual
rights and obligations constitute financial assets and financial liabilities separate and distinct from the underlying
financial instruments (the bonds and cash to be exchanged). Both parties to a forward contract have an obligation
to perform at the agreed time, whereas performance under an option contract occurs only if and when the holder of
the option chooses to exercise it.
Contracts to buy or sell non-financial items do not meet the definition of a financial instrument because the con-
tractual right of one party to receive a non- financial asset or service and the corresponding obligation of the other
party do not establish a present right or obligation of either party to receive, deliver or exchange a financial asset.
For example, contracts that provide for settlement only by the receipt or delivery of a non-financial item (eg an
option, futures or forward contract on silver) are not financial instruments.However, some contracts to buy or sell
non-financial items that can be settled net or by exchanging financial instruments, or in which the non-financial
item is readily convertible to cash, are within the ambit of financial derivative instrument.
This field captures current portion of derivative financial instruments assets.