Indian Oil Corporation Limited 3rd Integrated Annual Report 61st Annual Report 2019-20

About the Report

STANDALONE FINANCIAL STATEMENTS
STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED ON MARCH 31, 2020
(₹ in Crore)
Reserves and Surplus Reserves and Surplus Items of Other Comprehensive Income

Chairman’s Desk
Foreign Currency

From the
Corporate
Bond Capital Export Monetary Item Fair value Fair value Cash Flow
Retained Capital Insurance Social
Redemption Redemption Profit Translation of Equity of Debt Hedge Total
Earnings Reserve Reserve Responsibility
Reserve Reserve Reserve Difference Account Instruments Instruments Reserve
Reserve
(FCMITDA)
Profit / (Loss) for the Year 1,313.23 - - - - - - - - - - 1,313.23

About IndianOil
Other Comprehensive Income (115.54)* - - - - - - - (10,775.41) 435.62 46.01 (10,409.32)

Total Comprehensive Income 1,197.69 - - - - - - - (10,775.41) 435.62 46.01 (9,096.09)

Transfer from Bond Redemption Reserve - - - - - - - - - - - -

Utilized for Issue of Bonus Shares/ Buy Back including

Description of Capitals
- - - - - - - - - - - -
expenses (net of tax)
Appropriation towards Interim Dividend (3,902.09) - - - - - - - - - - (3,902.09)
Appropriation towards Final Dividend (918.25) - - - - - - - - - - (918.25)
Appropriation towards Dividend Distribution Tax (985.94) - - - - - - - - - - (985.94)
Appropriation towards Insurance Reserve (Net) (20.00) - - - 20.00 - - - - - - -

Board of Directors, etc.

Appropriation towards Corporate Social Responsibility
- - - - - - - - - - - -
Reserve (net)
Foreign Currency Exchange Gain/ (Loss) on Long Term
- - - - - - - 6.86 - - - 6.86
Monetary Items
FCMITDA amortised during the year - - - - - - - 28.92 - - - 28.92
Transferred to Statement of Profit and Loss (recycling) - - - - - - - - - - (22.05) (22.05)

Directors’ Report
Closing Balance as at March 31, 2020 74,905.19 3,152.64 297.65 183.08 261.09 53.72 - - 5,296.79 391.67 46.00 84,587.83

* Remeasurement of Defined Benefit Plans

Discussion & Analysis

Management’s
For and on Behalf of Board of Directors
Sd/- Sd/- Sd/-
(Sanjiv Singh) (S.K. Gupta) (Kamal Kumar Gwalani)
Chairman Director (Finance) Company Secretary
DIN - 05280701 DIN - 07570165 ACS - 13737

Responsibility Report
As per our attached Report of even date

Business
For G. S. MATHUR & CO. For K. C. MEHTA & CO. For SINGHI & CO. For V. SINGHI & ASSOCIATES
Chartered Accountants Chartered Accountants Chartered Accountants Chartered Accountants
Firm Regn. No. 008744N Firm Regn. No. 106237W Firm Regn. No. 302049E Firm Regn. No. 311017E

Corporate Governance
Sd/- Sd/- Sd/- Sd/-
(Rajiv Kumar Wadhawan) (Vishal P. Doshi)

Report on
(Shrenik Mehta) (Aniruddha Sengupta)
Partner Partner Partner Partner
M. No. 091007 M. No. 101533 M. No. 063769 M. No. 051371

Place: New Delhi

Financial Statements
Dated: 24 June 2020

Standalone
170 Financial Statements Financial Statements 171