Current Liabilities and Provisions

ANNEXURE III
` in Million
31.03.2017 31.03.2016
a) Current Liabilities
Advances and deposits 32.36 21.06
Sundry creditors 205.85 223.79

Net liability on account of Consultancy Project

Funds received 19,110.59 15,066.51
Add : Due to suppliers for expenses 938.34 902.27
20,048.93 15,968.78
Less : Expenditure incurred 16,443.38 13,179.28
Advance to suppliers 556.59 291.53
3,048.96 2,497.97
Add : Payable to NDDB (Per contra, Refer Annexure VI) 37.67 14.54
3,086.63 2,512.51
b) Provisions for :
Non-performing assets 1,890.89 2,578.16
General contingency on Standard Assets 30.20 32.81
Contingency 610.49 611.32
2,531.58 3,222.29
c) Provisions for :
Leave encashment (Refer Note 6 of Annexure XVI) 366.17 280.18
Post retirement medical scheme 73.38
76.84
(Refer Note 6 of Annexure XVI)
Gratuity (Refer Note 6 of Annexure XVI) 33.02 11.27
VRS monthly benefits 30.51 44.54
503.08 412.83
Provisions for income tax (net of taxes paid) 182.53 182.53
Total 6,542.03 6,575.01

Cash and Bank Balances

ANNEXURE IV
` in Million
31.03.2017 31.03.2016
Balances with Banks
In fixed deposits 9,452.41 8,809.54
In current accounts 34.54 5.23
9,486.95 8,814.77
Cash and cheques on hand 0.06 0.35
Total 9,487.01 8,815.12
Note : Fixed deposits includes ` 2,112.80 million (Previous Year ` 1,355.40 million) placed with Banks which are
under lien for the Overdraft facility.
83
 Accounts A nn u al R eport 2 0 1 6 - 1 7

Inventories
ANNEXURE V
` in Million
31.03.2017 31.03.2016
Stores, spares and others 1.55 2.30
Project equipments 3.37 4.30
4.92 6.60
Less : Provision for obsolescence 4.41 5.20
0.51 1.40
Total 0.51 1.40

Loans, Advances and Other Current Assets

ANNEXURE VI
` in Million
31.03.2017 31.03.2016
Loans to cooperatives
Milk - Secured 9,363.91 9,198.07
Unsecured 521.43 130.17
9,885.34 9,328.24
Oil (including interest accrued) - Unsecured 1,753.45 2,412.83
Loans and advances to subsidiary companies /
managed units
Secured 1,275.90 2,493.26
Unsecured 879.90 1,242.12
2,155.80 3,735.38
Loans to employees
Secured 1.21 1.56
Unsecured 10.32 8.71
11.53 10.27
Interest accrued on -
Loans and advances 52.54 70.64
Fixed deposits and investments 171.92 131.81
224.46 202.45
Advances to suppliers and contractors 8.10 3.97
Recoverable on account of turnkey projects
(Per contra, Refer Annexure III) 37.67 14.54
Sundry deposits 17.23 16.13
Income taxes paid (net of provisions) 1,174.78 1,167.71
Other receivables 6.22 11.63
Total 15,274.58 16,903.15
Note : Secured loans are secured against the mortgage of assets and/or hypothecation of stocks/assets.

84 National Dairy Development Board