Investments

ANNEXURE VII
` in Million
31.03.2017 31.03.2016
Long term investments (at cost) :
Equity Shares (unquoted) in subsidiary companies:
Mother Dairy Fruit and Vegetable Private Limited 2,500.00 2,500.00
(MDFVPL)
IDMC Limited (IDMC) 283.90 283.90
Indian Immunologicals Limited (IIL) 90.00 90.00
NDDB Dairy Services (NDS) 2,000.00 2,000.00
4,873.90 4,873.90

Bonds (Quoted) of Government companies, financial 4,015.94 2,657.37

institutions and banks (at cost)
(aggregate market value of bonds is
` 4,022.92 million (Previous Year ` 2,679.61 million)
as at the balance sheet date)

Shares (unquoted) in Co-operatives and Federations 1.00 1.00

Less: Provision for diminution in value of investments 0.10 0.10
0.90 0.90
Total 8,890.74 7,532.17

85
 Fixed Assets

86
ANNEXURE VIII
` in Million
Gross Block (at Cost) Depreciation Net Block
As at Deduction/ As at As at For the year Deduction/ As at As at As at
Particulars 01.04.2016 Addition (adjustments) 31.03.2017 01.04.2016 (refer note 4) (adjustments) 31.03.2017 31.03.2017 31.03.2016
FreeHold Land 451.17 49.49 - 500.66 - - - - 500.66 451.17
(refer note 1 to 3)
Lease Hold Land 64.16 - - 64.16 10.80 0.75 - 11.55 52.61 53.36
Buildings and Roads 1,985.50 0.37 5.48 1,980.39 929.80 52.26 3.15 978.91 1,001.48 1,055.70
Plant and Machinery 55.73 0.09 1.00 54.82 54.18 0.24 1.00 53.42 1.40 1.55
Electrical Installations 165.87 10.08 16.09 159.86 104.88 8.91 11.75 102.04 57.82 61.00
Furniture, Computers 868.62 98.48 83.47 883.63 684.92 75.88 82.97 677.83 205.80 183.70
and Others Equipments
Rail Milk Tankers 213.50 - 6.90 206.60 213.50 - 6.90 206.60 - -

National Dairy Development Board

Vehicles 27.11 - 2.47 24.64 21.56 1.99 2.47 21.08 3.56 5.54
Total 3,831.66 158.51 115.41 3,874.76 2,019.64 140.03 108.24 2,051.43 1,823.33 1,812.02
Previous Year 4,440.99 197.04 806.37 3,831.66 2,619.69 137.67 737.72 2,019.64 1,812.02 1,821.30
Capital Work in Progress including capital advances 67.70 95.73
Total Fixed Assets 1,891.03 1,907.75

Notes :
Accounts

1. Land for FMD Control Project amounting to ` 0.39 million is obtained from Government of Tamil Nadu by alienation.
2. Freehold land includes land for Oil Tank farm, Narela amounting to ` 17.94 million which has been obtained on perpetual lease for which lease deeds are yet to be executed.
3. Land amounting to ` 65.98 million at Kannamangala Horticulture Farm received from Agriculture and Horticulture Department, Government of Karnataka is in the Name of the
subsidiary company Mother Dairy Fruit and Vegetable Private Limited and transfer of title is pending.
4. Depreciation for the year in Income and Expenditure account excludes deprecition ` 8.97 million (Previous year :` 4.38 million) on account of recoupment from grants re-
ceived.
A nn u al R eport 2 0 1 6 - 1 7