Standalone Changes Consolidated

Non-Financials Financials Audit Report Balance Sheet Profit and Loss in Equity Cash Flows Notes Financials

Balance Sheet
(H In Crore)
As at 31 March

Particulars Note No. 2023 2022

ASSETS
Non-current assets
Property, plant and equipment 2 2,635.29 1,757.57
Capital work-in-progress 2 81.92 76.82
Investment property 3 50.01 51.13
Intangible assets 4 30.70 25.32
Intangible assets under development 4 – –
Investments in subsidiaries 5A 1,786.43 1,248.43
Financial assets
Investments 5B 16,717.53 17,601.20
Trade receivables 10 – –
Loans 6 2.28 4.57
Other financial assets 7 33.58 61.39
Income tax assets (net) 812.42 749.24
Other non-current assets 8 107.12 351.80
22,257.28 21,927.47

Current assets
Inventories 9 1,397.90 1,230.51
Financial assets
Investments 5B 4,419.37 4,969.13
Trade receivables 10 1,776.12 1,516.38
Cash and cash equivalents 11 219.42 563.97
Other bank balances 12 66.33 24.37
Loans 6 3.62 4.17
Other financial assets 7 470.81 596.26
Other current assets 8 516.84 1,089.68
8,870.41 9,994.47
31,127.69 31,921.94

114 Bajaj Auto Limited 16th Annual Report 2022-23

 Standalone Changes Consolidated
Non-Financials Financials Audit Report Balance Sheet Profit and Loss in Equity Cash Flows Notes Financials

Balance Sheet (Contd.)

(H In Crore)
As at 31 March

Particulars Note No. 2023 2022

EQUITY AND LIABILITIES

Equity
Equity share capital 13 282.96 289.37
Other equity 14 25,142.90 26,379.43
25,425.86 26,668.80

Non-current liabilities
Financial liabilities
Sales tax deferral 15 124.23 122.77
Provisions 16 0.87 1.30
Deferred tax liabilities (net) 17 345.15 403.33
Government grant 33.35 36.00
Other non-current liabilities 18 0.19 0.30
503.79 563.70

Current liabilities
Financial liabilities
Trade payables
Total outstanding dues of micro enterprises and small enterprises 19 269.41 150.64
Total outstanding dues of creditors other than micro enterprises and small enterprises 19 3,804.47 3,482.54
Other financial liabilities 20 446.92 397.00
Other current liabilities 21 484.90 478.71
Provisions 16 165.95 153.75
Government grant 2.65 2.65
Current tax liabilities (net) 23.74 24.15
5,198.04 4,689.44
31,127.69 31,921.94
Summary of significant accounting policies followed by the Company 1

The accompanying notes are an integral part of the financial statements. On behalf of the Board of Directors

As per our report of even date

For S R B C & CO LLP

Chartered Accountants Niraj Bajaj
ICAI Firm Registration Number: 324982E/E300003 Chairman
(DIN: 00028261)

Rajiv Bajaj
Dinesh Thapar Managing Director
Chief Financial Officer (DIN: 00018262)

per Arvind Sethi

Partner Anami N. Roy
Membership Number: 089802 Dr. J Sridhar Chairman - Audit Committee
Pune: 25 April 2023 Company Secretary (DIN: 01361110)

16th Annual Report 2022-23 Bajaj Auto Limited 115