PROVISIONAL BALANCE SHEET AS AT 31ST DECEMBER, 2013
EQUITY AND LIABILITIES SHAREHOLDERS FUNDS (a) Share Capital (b) Reserves and Surplus NON-CURRENT LIABILITIES (a) Long-term Borrowings (b) Deferred Tax Liabilities [Net] (c) Other Long-term Liabilities (d) Long-term Provisions CURRENT LIABILITIES (a) Short-term Borrowings (b) Trade Payables (c) Other Current Liabilities (d) Short-term Provisions TOTAL EQUITY AND LIABILITIES ASSETS NON-CURRENT ASSETS (a) FIXED ASSETS (i) Tangible Assets (ii) Intangible Assets (iii) Capital Work-in-Progress [Including Incidental Expenditure During Construction Period] (iv) Intangible Assets under Development (b) NON-CURRENT INVESTMENTS (c) LONG TERM LOANS AND ADVANCES (d) OTHER NON-CURRENT ASSETS CURRENT ASSETS (a) Current Investments (b) Inventories (c) Projects Under Development (d) Trade Receivables (e) Cash and Cash Equivalents (f) Short-term Loans and Advances (g) Other Current Assets TOTAL ASSETS PROVISIONAL STATEMENT OF PROFIT & LOSS FOR THE PERIOD FROM 01.04.2013 TO 31.12.2013 REVENUE FROM OPERATIONS OTHER INCOME EXPENDITURE Cost of Materials Consumed Changes in Inventories of Finished Goods & Work-in-Progress Manufacturing, Construction, Real Estate, Hotel / Hospitality & Power Expenses Employee Benefits Expense Finance Costs Depreciation and Amortisation Expense Other Expenses Profit before Exceptional, Prior Period Items & Tax Profit on Sale of Shares - Exceptional Item Prior Period Adjustments [Net] Profit beforeTax Tax Expense Current Tax Deferred Tax Excess Provision for Income Tax in Earlier Years Reversed Profit for the period Earnings Per Equity Share [EPS] [Face Value of ` 2/- per share] Basic Earnings Per Share Diluted Earnings Per Share NOTE No. "1" SHARE CAPITAL Authorised 12,344,000,000 3,120,000 Issued, Subscribed and Fully Paid-up 2,219,083,559 1.1 Issued, Subscribed and Paid-up Share Capital comprises of Shares for consideration in cash 20,219,850 12,500,000 201,623,717 10,000,000 64,204,810 Shares for consideration other than cash 860,865,055 124,378,825 218,010,985 707,280,317 1.2 Reconciliation of the Number of Shares Outstanding at the beginning and at the end of the reporting period: Equity Shares at the beginning of the year Add Equity Shares allotted on conversion of Foreign Currency Convertible Bonds Add:Equity Shares allotted on Qualified Institutional Placement Equity Shares at the end of the year 1.3 Terms / Rights The Company has only one class of equity shares having a par value of ` 2/- per share. Each holder of equity share is entitled to one vote per share. Each share is entitled to equal dividend declared by the NOTE No. "2" RESERVES AND SURPLUS General Reserve As per last Balance Sheet Add : Transfer from Surplus - Balance in Statement of Profit and Loss Debenture Redemption Reserve As per last Balance Sheet Add : Transfer from Surplus - Balance in Statement of Profit and Loss Revaluation Reserve As per last Balance Sheet Less:Depreciation and amortisation adjusted on Revalued Assets Securities Premium Reserve As per last Balance Sheet Add : On conversion of Foreign Currency Convertible Bonds into Shares Add : On Issue of Shares through Qualified Institutional Placement Less: Provision of Premium Payable on Redemption of Debentures Less: Expenses on Issue of Shares / Debentures Reserve for Premium on Foreign Currency Convertible Bonds As per last Balance Sheet Less:Transfer to Surplus - Balance in Statement of Profit and Loss Less:Paid on Redemption Capital Reserve [including Demerger Reserve] As per last Balance Sheet Capital Redemption Reserve As per last Balance Sheet In the event of liquidation, each share carries equal rights and will be entitled to receive equal amount per share out of the remaining amount available with the Company after making preferential payments. Share Forfeited Reserve As per last Balance Sheet Surplus - Balance in Statement of Profit and Loss As per last Balance Sheet Profit for the year Add :Provision for Dividend Distribution Tax Written-back Add :Final Dividend Transferred from Trusts Add :Transfer from Reserve for Premium on Foreign Currency Convertible Bonds Less:Appropriations Transfer to Debenture Redemption Reserve Transfer to General Reserve Less:Dividend Proposed Final Equity Dividend Tax on Proposed Final Equity Dividend NOTE No. "3" LONG-TERM BORROWINGS [I] SECURED LOANS A. Non-convertible Debentures B. Term Loans (i) From Financial Institutions (ii) From Banks (a) In Rupees (b) In Foreign Currency (iii) From Others c. Loan from State Government [Interest Free] d. Advances from Clients Government Departments, Public Sector Undertakings & Others - Secured against Hypothecation of Construction Material and Plant & Machinery Interest Bearing Total =====> "I" [II] UNSECURED LOANS A. Foreign Currency Convertible Bonds FCCB [USD]-2012 B. Foreign Currency Loans from Banks [ECB] (i) ECB [USD / JPY] (ii) ECB [GBP] (iii) ECB [CAD] (iv) ECB [USD]-2012 C. Loans From Banks In Foreign Currency D. Fixed Deposits Scheme Total =====> "II" Gr. Total =====> "I + II" NOTE No. "4" DEFERRED TAX LIABILITIES [NET] Deferred Tax Liabilities Less:Deferred Tax Assets NOTE No. "5" OTHER LONG TERM LIABILITIES Trade Payables Due to Micro, Small & Medium Enterprises Others Interest accrued but not due on Borrowings Adjustable receipts against Contracts (Partly Secured against Bank Guarantees) (a) Interest Bearing (b) Non Interest Bearing (i) From Subsidiaries/Associates (ii) From Others Advance from Customers Other Payables NOTE No. "6" LONG-TERM PROVISIONS Provisions for Premium on Redemption of Debentures Provisions for Employee Benefits For Gratuity For Leave Encashment NOTE No. "7" SHORT-TERM BORROWINGS [i] Secured Loans A. Term Loans from Banks B. Working Capital Loans from Banks [ii] Unsecured Loans A. Loans From Banks B. Bills Discounting C. Fixed Deposits Scheme NOTE No. "8" TRADE PAYABLES Due to Micro, Small & Medium Enterprises Others NOTE No. "9" OTHER CURRENT LIABILITIES Current maturities of Long term Debt (a) Secured Loans [Refer Note No."3(I)" (b) Unsecured Loans [Refer Note No."3(II)"] Interest accrued but not due on Borrowings Adjustable receipts against Contracts (Secured Partly against Bank Guarantees) (a) Interest Bearing (b) Non Interest Bearing (i) From Subsidiaries/Associates (ii) From Others Advance from Customers Unclaimed Dividend* Unclaimed Matured Public Deposit [including interest thereon]* *[Appropriate amounts shall be transferred to Investor Education & Protection Fund, if and when due] Other Payables [including Statutory Dues, Staff Payable etc] NOTE No. "10" SHORT-TERM PROVISIONS Provisions for Employee Benefits Leave Encashment Provisions for Premium on Redemption of Debentures Other Provisions For Proposed Final Equity Dividend For Tax on Proposed Final Equity Dividend NOTE No. "12" NON-CURRENT INVESTMENTS (A) INVESTMENTS IN SUBSIDIARIES (a) IN EQUITY SHARES - Quoted, fully paid-up (i) 1,783,000,600 (1,783,000,600) (ii) 995,000,000 (1,155,000,000) (b) IN EQUITY SHARES - Unquoted, fully paid-up (i) 118,090,000 (118,090,000) (ii) 271,350,000 (271,350,000) (iii) 514,877,000 (514,877,000) (iv) 273,800,000 (273,800,000) (v) 627,500,000 (627,500,000) (vi) 161,085,000 (161,085,000) (vii) 10,000,000 (10,000,000) (viii) 63,000 (63,000) (ix) 250,000,000 (100,000,000) (B) INVESTMENT IN JOINT VENTURE SUBSIDIARIES IN EQUITY SHARES - Unquoted, fully paid-up (i) 280,966,752 (280,966,752) (ii) 543,160 (543,160) (iii) 98,901,000 (98,901,000) (C) INVESTMENT IN ASSOCIATE COMPANIES IN EQUITY SHARES - Unquoted, fully paid-up (i) 30,000,000 (30,000,000) (ii) 10,000 (10,000) (iii) 736,620 (736,620) (iv) 23,575 (23,575) (v) 13,750 (13,750) (vi) 4,900,000 (4,900,000) (vii) 4,900,000 (4,900,000) (D) OTHER INVESTMENTS (a) IN EQUITY SHARES - Quoted, fully paid-up (i) 15,350 (15,350) (ii) 100 (100) (iii) 721,600 (721,600) (iv) 868,000 (868,000) (v) 20,000 (20,000) (vi) 165,900 (165,900) (vii) 25,000 (25,000) (b) IN EQUITY SHARES - Unquoted, fully paid-up (i) 5 (ii) (5) (iii) 5 (5) (iv) 2,035,000 (2,035,000) (v) 840,000 (840,000) (E) PREFERENCE SHARES - Unquoted, fully paid-up INVESTMENTS IN SUBSIDIARIES (i) 2,500,000 (2,500,000) (ii) 29,364,000 (29,364,000) (iii) 24,040,000 (34,040,000) (iv) 1,500,000 (1,500,000) (v) 100,000,000 (100,000,000) (vi) 12,500,000 (12,500,000) (vii) 4,350,000 (-) (F) BULLION Gold [27 Kgs] (G) INTEREST IN BENEFICIARY TRUSTS (i) JHL Trust (ii) JCL Trust (iii) GACL Trust (iv) JEL Trust (H) SHARE APPLICATION MONEY (i) Jaypee Fertilizers and Industries Limited [Subsidiary Company] (ii) Prayagraj Power Generation Company Limited [Subsidiary Company] (iii) Jaiprakash Kashmir Energy Limited [Associate Company] (iv) Misc. Less: Advance received for redemption of Preference Shares of Jaypee Agra Vikas Limited [Subsidiary Company] Aggregate cost of: 1. Quoted Investments in Equity Shares (Market Value ` Previous Year ` 92,44,22,31,695) Unquoted Investments in Equity Shares, Preference Shares & Bullion 2. The Trusts are holding shares of 18,93,16,882 Equity Shares [Previous Year 18,93,16,882] of ` 2/- of Jaiprakash Associates Limited, the sole beneficiary of which is the Company. [The Market Value of Shares held in Trusts is ` (Previous Year ` 12,39,07,89,926/-)] 3. All Investments are Non-trade Investments. 4. Since the Market Rate of Saket Project Limited was not available in any of the Stock Exchanges, Market Value has been considered equivalent to Face Value. NOTE No. "13" LONG-TERM LOANS AND ADVANCES [Unsecured, considered good] Capital Advance Deposits with Government Department, Public Bodies & Others (a) Government Department & Public Bodies (b) Others Advances to Suppliers, Contractors, Sub-contractors & Others Claims and Refund Receivable Prepaid Expenses AdvanceTax and Income Tax Deducted at Source [Net of Provision] NOTE No. "14" OTHER NON-CURRENT ASSETS [Unsecured, considered good] Long Term Trade Receivables Considered Good Doubtful From Overseas Works Less:Provision for writting off Interest accrued on Fixed Deposits & Others NOTE No. "15" CURRENT INVESTMENTS
(a) In Units of Exchange Traded Funds, Quoted [Market Value ` 25,19,50,638/- (Previous Year ` 36,21,01,775/-)] (b) In Units of Mutual Funds, Unquoted NOTE No. "16" INVENTORIES (As per inventories taken, valued and certified by the Management) (a) Stores and Spare Parts (b) Construction Materials (c) Raw Materials (d) Finished Goods (e) Stock in Process (f) Work-in-Progress-Construction Division (g) Food and Beverages (h) Goods in Transit NOTE No. "17" PROJECTS UNDER DEVELOPMENT NOTE No. "18" TRADE RECEIVABLES (Unsecured, considered good) (a) Debts outstanding for a period exceeding six months (i) Considered Good (ii) Considered Doubtful Less:Provision for Bad & Doubtful Debts (b) Other Debts NOTE No. "19" CASH AND CASH EQUIVALENTS (a) Cash-on-hand (b) Cheques & Drafts-on-hand (c) Balances with Scheduled Banks (i) In Current & Cash Credit Account (ii) In Fixed Deposits Account with Banks & Others Having remaining maturity of more than 12 months [Maturity more than twelve months ` _______/-] Others (iii) Balance in Dividend Account (iv) Balance in Trust & Retention Account In Current Account (d) Balance with Non-Scheduled (Foreign) Banks In Current Account
NOTE No. "20" SHORT TERM LOANS AND ADVANCES [Unsecured, considered good] Advances to Suppliers, Contractors, Sub-contractors & Others Advances to Related Parties Staff Imprest and Advances Claims and Refunds Receivable Prepaid Expenses Deposits with Government Department, Public Bodies & Others (a) Government Department & Public Bodies (b) Others (i) Real Estate (ii) Others NOTE No. "21" OTHER CURRENT ASSETS [Unsecured, considered good] Receivable from Jaypee Cement Corporation Limited Unbilled Receivables Interest accrued on Fixed Deposits & Others NOTE No."22" SALE OF PRODUCTS Cement Sales [Gross] [including Clinker Sales] Less:Excise Duty on Sales Real Estate Revenue Power Revenue Fabrication Material Sales [Gross] Less:Excise Duty on Sales NOTE No."23" SALE OF SERVICES Construction Revenue Hotel/Hospitality Revenue Manpower Supply Fabrication Jobs / Foundary NOTE No."24" OTHER OPERATING REVENUE Rent Machinery Rentals/Transportation Receipts Foreign Currency Rate Difference [Net] - Other than Finance Costs Profit/(Loss) on Sale / Disposal / Write-off of Assets [Net] Miscellaneous NOTE No."25" OTHER INCOME Dividends from Non Current Investments [from Subsidiaries ` (Previous Year ` 57,75,00,000/-)] Profit/(Loss) on Sale/Redemption of Exchange Traded Funds/Mutual Funds [Net] Profit on Sale of Shares Interest NOTE No."26" COST OF MATERIALS CONSUMED Raw Materials Consumed Excise Duty on Clinkers Consumption of Food & Beverages etc. Materials Consumed - Others Machinery Spares Consumed Stores and Spares Consumed Coal Consumed Packing Materials Consumed Less:Attributable to Self Consumption Less:Clinker Transferred for Trial Run NOTE No."27" CHANGES IN INVENTORIES OF FINISHED GOODS & WORK-IN-PROGRESS OPENING STOCKS Finished Goods Stock-in-Process Stock-in-Process - Acquired LESS:CLOSING STOCKS Finished Goods Stock-in-Process WORK-IN-PROGRESS - Construction Division Opening Work-in-Progress Less:Closing Work-in-Progress Excise Duty Difference on Changes in Closing Stocks NOTE No."28" MANUFACTURING, CONSTRUCTION, REAL ESTATE, HOTEL / HOSPITALITY & POWER EXPENSES Construction Expenses Real Estate Expenses Hotel & Golf Course Operating Expenses Hire Charges and Lease Rentals of Machinery Power, Electricity and Water Charges Repairs and Maintenance of Machinery Repairs to Building and Camps Freight, Octroi & Transportation Charges Less:Attributable to Self Consumption NOTE No."29" EMPLOYEE BENEFITS EXPENSES Salaries, Wages & Bonus Gratuity Contribution to Provident & Other Funds Staff Welfare NOTE No."30" FINANCE COSTS Interest on Term Loans Interest on Non-Convertible Debentures Interest on Bank Borrowing and Others Financing Charges Foreign Currency Rate Difference [Net] - On Financing NOTE No."31" DEPRECIATION AND AMORTISATION EXPENSE Depreciation Less:Transferred to Expenditure During Construction Period Less:Amount Adjusted with Revaluation Reserve Amortisation Less:Amount Adjusted with Revaluation Reserve NOTE No."32" OTHER EXPENSES Loading, Transportation & Other Charges Commission & Discount on Sales Sales Promotions Rent Rates & Taxes Insurance Travelling & Conveyance Bank Charges, Bill Discounting & Guarantee Commission Postage, Telephone & Telex Light Vehicles Running & Maintenance Legal & Professional Charity & Donation Security & Medical Services Foreign Currency Rate Difference [Net] - Other than Finance Costs Loss on Sale of Bullion Directors' Fees Miscellaneous Expenses Auditor's Remuneration: Audit Fees Tax Audit Fees To Partners in other capacity: For Taxation matters Reimbursement of Expenses
NOTE No."33" PROJECTS UNDER DEVELOPMENT Opening Balance Expenses On Development during the year Transfer from Fixed Assets [Leasehold Land] Transfer from Capital Work-in-Progress Paid for Land Construction Expenses Technical Consultancy Power, Electricity and Water Charges Personnel Expenses Sales and Promotional Expenses Other Expenses Finance Costs Less:Cost of Infrastructure & Construction of Properties Developed and under Development Less:Transferred to Capital Work-in-Progress Balance carried to Note No.17 NOTE No."34" INCIDENTAL EXPENDITURE DURING CONSTRUCTION PERIOD Opening Balance Transferred to Transferee Company Electricity, Power and Fuel Salary, Wages and Staff Welfare Site / Quarry Development & Survey Expenses Repair and Maintenance Legal and Professional Technical Consultancy Insurance Travelling & Conveyance LC Commission, Bank Charges and Bank Guarantee Commission Finance Costs Foreign Exchange Fluctuations Safety and Security Freight and Material Handling Vehicle / Machinery Hire Charges / Lease Rent Light Vehicles Running & Maintenance Depreciation Advertisement / Business Promotion Expenses Trial Run Expenses Miscellaneous Less: (i) Miscellaneous Receipt (ii) Interest Received Less:Capitalised / Transferred During the year Carried over to Balance Sheet [included in Capital Work-in-Progress] JAIPRAKASH ASSOCIATES LIMITED PROVISIONAL BALANCE SHEET AS AT 31ST DECEMBER, 2013 443.82 12,969.09 19,405.11 Deferred Tax Liabilities [Net] 1,332.21 1,497.29 202.00 3,701.78 2,443.85 7,414.09 58.50 TOTAL EQUITY AND LIABILITIES Capital Work-in-Progress [Including Incidental Expenditure During Construction Period] Intangible Assets under Development 19,829.93 NON-CURRENT INVESTMENTS 9,230.69 LONG TERM LOANS AND ADVANCES 2,262.00 OTHER NON-CURRENT ASSETS 2,850.55
34.81 2,015.19 Projects Under Development 1,050.00 2,598.16 Cash and Cash Equivalents 614.23 Short-term Loans and Advances 3,881.05 5,101.13 PROVISIONAL STATEMENT OF PROFIT & LOSS FOR THE PERIOD FROM 01.04.2013 TO 31.12.2013 REVENUE FROM OPERATIONS Changes in Inventories of Finished Goods & Work-in-Progress Manufacturing, Construction, Real Estate, Hotel / Hospitality & Depreciation and Amortisation Expense Profit before Exceptional, Prior Period Items & Tax Profit on Sale of Shares - Exceptional Item Excess Provision for Income Tax in Earlier Years Reversed Earnings Per Equity Share [EPS] [Face Value of ` 2/- per share] Diluted Earnings Per Share Equity Shares [Previous Year 12,34,40,00,000] of ` 2/- each Preference Shares [Previous Year 31,20,000] of ` 100/- each Issued, Subscribed and Fully Paid-up Equity Shares [Previous Year 2,21,90,83,559] of ` 2/- each fully paid up Issued, Subscribed and Paid-up Share Capital comprises of Shares for consideration in cash Equity Shares [Previous Year 2,02,19,850] allotted for cash under "Jaypee Employees Stock Purchase Scheme 2002"; Equity Shares [Previous Year 1,25,00,000] allotted for cash under "Jaypee Employees Stock Purchase Scheme 2009"; Equity Shares [Previous Year 20,16,23,717] allotted for cash on conversion of Foreign Currency Convertible Bonds; Equity Shares [Previous Year 1,00,00,000] allotted for cash to Promoters on Preferential Basis and Equity Shares [Previous Year 6,42,04,810] allotted through Qualified Institutional Placement as on 06.02.2013. Shares for consideration other than cash Equity Shares [Previous Year 86,08,65,055] allotted for consideration other than cash in terms of the Scheme of Amalgamation effective from 11.03.2004; Equity Shares [Previous Year 12,43,78,825] allotted in terms of Scheme of Amalgamation effective from 22.08.2006; Equity Shares [Previous Year 21,80,10,985] allotted pursuant to Scheme of Amalgamation effective from 27.05.2009 and Equity Shares [Previous Year 70,72,80,317] allotted as Bonus Shares . Reconciliation of the Number of Shares Outstanding at the beginning and at the end of the reporting period: Equity Shares at the beginning of the year Add Equity Shares allotted on conversion of Foreign Currency Convertible Bonds Add:Equity Shares allotted on Qualified Institutional Placement Equity Shares at the end of the year The Company has only one class of equity shares having a par value of ` 2/- per share. Each holder of equity share is entitled to one vote per share. Each share is entitled to equal dividend declared by the Add : Transfer from Surplus - Balance in Statement of Profit and Loss Debenture Redemption Reserve Add : Transfer from Surplus - Balance in Statement of Profit and Loss Less:Depreciation and amortisation adjusted on Revalued Assets Add : On conversion of Foreign Currency Convertible Bonds into Shares Add : On Issue of Shares through Qualified Institutional Placement Less: Provision of Premium Payable on Redemption of Debentures Less: Expenses on Issue of Shares / Debentures Reserve for Premium on Foreign Currency Convertible Bonds Less:Transfer to Surplus - Balance in Statement of Profit and Loss Capital Reserve [including Demerger Reserve] In the event of liquidation, each share carries equal rights and will be entitled to receive equal amount per share out of the remaining amount available with the Company after making preferential payments. Surplus - Balance in Statement of Profit and Loss Add :Provision for Dividend Distribution Tax Written-back Add :Final Dividend Transferred from Trusts Add :Transfer from Reserve for Premium on Foreign Currency Transfer to Debenture Redemption Reserve Transfer to General Reserve Proposed Final Equity Dividend Tax on Proposed Final Equity Dividend Current Non-convertible Debentures 1,353.33 (i) From Financial Institutions 2,583.98 (b) In Foreign Currency Loan from State Government [Interest Free] Advances from Clients Government Departments, Public Sector Undertakings & Others - Secured against Hypothecation of Construction Material and Plant & Machinery 3,937.31 Current Foreign Currency Convertible Bonds Foreign Currency Loans from Banks [ECB] (i) ECB [USD / JPY] 112.69 117.13 60.43 42.16 Fixed Deposits Scheme 893.62 1,226.03 5,163.34 DEFERRED TAX LIABILITIES [NET] OTHER LONG TERM LIABILITIES Due to Micro, Small & Medium Enterprises 140.06 Interest accrued but not due on Borrowings Adjustable receipts against Contracts (Partly Secured against Bank Guarantees) 19.67 (i) From Subsidiaries/Associates 734.86 Provisions for Premium on Redemption of Debentures Provisions for Employee Benefits For Leave Encashment 1,875.00 B. Working Capital Loans from Banks 420.28 550.00 850.00 6.50 Due to Micro, Small & Medium Enterprises OTHER CURRENT LIABILITIES Current maturities of Long term Debt Secured Loans [Refer Note No."3(I)" Unsecured Loans [Refer Note No."3(II)"] Interest accrued but not due on Borrowings Adjustable receipts against Contracts (Secured Partly against Bank Guarantees) 18.00 (i) From Subsidiaries/Associates 230.00 Unclaimed Matured Public Deposit [including interest thereon]* *[Appropriate amounts shall be transferred to Investor Education & Protection Fund, if and when due] Other Payables [including Statutory Dues, Staff Payable etc] Provisions for Employee Benefits Provisions for Premium on Redemption of Debentures For Proposed Final Equity Dividend For Tax on Proposed Final Equity Dividend NON-CURRENT INVESTMENTS (A) INVESTMENTS IN SUBSIDIARIES (a) IN EQUITY SHARES - Quoted, fully paid-up Equity Shares of Jaiprakash Power Ventures Limited of ` 10/- each 1,767.76 Equity Shares of Jaypee Infratech Limited ` 10/- each 995.00 (b) IN EQUITY SHARES - Unquoted, fully paid-up Equity Shares of Himalyan Expressway Limited of ` 10/- each 118.09 Equity Shares of Jaypee Ganga Infrastructure Corporation Limited of ` 10/- each 271.35 Equity Shares of Jaypee Sports International Limited of ` 10/- each 572.21 Equity Shares of Jaypee Agra Vikas Limited of ` 10/- each 273.80 Equity Shares of Jaypee Cement Corporation Limited of ` 10/- each 1,451.64 Equity Shares of Jaypee Fertilizers & Industries Limited of ` 10/- each 254.32 Equity Shares of Himalyaputra Aviation Limited of ` 10/- each 10.00 Equity Shares of Jaypee Assam Cement Limited of ` 10/- each 0.06 Equity Shares of Prayagraj Power Generation Company Limited of ` 10/- each 275.00 (B) INVESTMENT IN JOINT VENTURE SUBSIDIARIES IN EQUITY SHARES - Unquoted, fully paid-up Equity Shares of Bhilai Jaypee Cement Limited of ` 10/- each 176.45 Equity Shares of Gujarat Jaypee Cement & Infrastrcture Limited of ` 10/- each 0.54 Equity Shares of Bokaro Jaypee Cement Limited of ` 10/- each 128.90 (C) INVESTMENT IN ASSOCIATE COMPANIES IN EQUITY SHARES - Unquoted, fully paid-up Equity Shares of Madhya Pradesh Jaypee Minerals Limited of ` 10/- each [Joint Venture] 30.00 Equity Shares of Jaiprakash Kashmir Energy Limited of ` 10/- each 0.01 Equity Shares of RPJ Minerals Private Limited of ` 10/- each 12.13 Equity Shares of Sonebhadra Minerals Private Limited of ` 10/- each 6.33 Equity Shares of Indesign Enterprises Private Limited, Cyprus Cyprus Pound 1/- each 0.20 Equity Shares of MP Jaypee Coal Fields Limited of ` 10/- each [Joint Venture] 4.90 Equity Shares of MP Jaypee Coal Limited of ` 10/- each [Joint Venture] 4.90 (a) IN EQUITY SHARES - Quoted, fully paid-up Equity shares of Capital Trust Limited of ` 10/- each 0.02 Equity Shares of IFCI Limited of ` 10/- each 0.00 Equity Shares of Indian Overseas Bank Limited of ` 10/- each 0.72 8,68,000 Equity Shares of Sumeru Industries Limited of ` 1/- each 20,000 Equity Shares of Saket Projects Limited of of ` 10/- each 0.02 1,65,900 Equity Shares of PNB Gilts Limited of ` 10/- each 0.50 25,000 Equity Shares of Tourism Finance Corporation of 10.00 India Limited of ` 10/- each 0.05 (b) IN EQUITY SHARES - Unquoted, fully paid-up Equity Shares of Makers Chamber VI Premises Co-operative Society Limited, Bombay of ` 50/- each 0.00 Equity Shares of Sanukt Members Association of ` 100/- each 0.00 Equity Shares of Delhi Gurgaon Super Connectivity Limited of ` 10/- each 2.04 Equity Shares of U.P. Asbestos Limited of ` 10/- each 0.00 PREFERENCE SHARES - Unquoted, fully paid-up INVESTMENTS IN SUBSIDIARIES 11% Cumulative Redeemable Preference Shares of Himalyan Expressway Limited of ` 100/- each 25.00 12% Non Cumulative Redeemable Preference Shares of Jaypee Ganga Infrastructure Corporation Limited of ` 100/- each 293.64 12% Non Cumulative Redeemable Preference Shares of Jaypee Agra Vikas Limited of ` 100/- each 240.40 12% Non Cumulative Redeemable Preference Shares of Himalyaputra Aviation Limited of ` 100/- each 15.00 12% Non Cumulative Redeemable Preference Shares of Jaypee Cement Corporation Limited of ` 100/- each 1,000.00 12% Non Cumulative Redeemable Preference Shares of Jaypee Sports International Limited of ` 100/- each 125.00 Cumulative Redeemable Preference Shares of Jaypee Fertilizers & Industries Limited of ` 10/- each 517.55 INTEREST IN BENEFICIARY TRUSTS - 46.03 331.05 196.06 30.85 SHARE APPLICATION MONEY Jaypee Fertilizers and Industries Limited [Subsidiary Company] 23.27 Prayagraj Power Generation Company Limited [Subsidiary Company] 65.00 Jaiprakash Kashmir Energy Limited [Associate Company] 78.73 Advance received for redemption of Preference Shares of Jaypee Agra Vikas Limited [Subsidiary Company] Quoted Investments in Equity Shares (Market Value ` Previous Year ` 92,44,22,31,695) Unquoted Investments in Equity Shares, Preference Shares & Bullion The Trusts are holding shares of 18,93,16,882 Equity Shares [Previous Year 18,93,16,882] of ` 2/- of Jaiprakash Associates Limited, the sole beneficiary of which is the Company. [The Market Value of Shares held in Trusts is ` (Previous Year ` 12,39,07,89,926/-)] All Investments are Non-trade Investments. Since the Market Rate of Saket Project Limited was not available in any of the Stock Exchanges, Market Value has been considered equivalent to Face Value. LONG-TERM LOANS AND ADVANCES Deposits with Government Department, Public Bodies & Others Government Department & Public Bodies 660.00 6.50 Advances to Suppliers, Contractors, Sub-contractors & Others AdvanceTax and Income Tax Deducted at Source [Net of Provision] OTHER NON-CURRENT ASSETS 101.63 Less:Provision for writting off 101.63 Interest accrued on Fixed Deposits & Others In Units of Exchange Traded Funds, Quoted [Market Value ` 25,19,50,638/- (Previous Year ` 36,21,01,775/-)] In Units of Mutual Funds, Unquoted INVENTORIES (As per inventories taken, valued and certified by the Management) Work-in-Progress-Construction Division PROJECTS UNDER DEVELOPMENT Debts outstanding for a period exceeding six months 137.13 Less:Provision for Bad & Doubtful Debts 1.42 (1.42) CASH AND CASH EQUIVALENTS Balances with Scheduled Banks (i) In Current & Cash Credit Account 394.56 (ii) In Fixed Deposits Account with Banks & Others - Having remaining maturity of more than 12 months 12.97 184.28 (iii) Balance in Dividend Account 13.31 (iv) Balance in Trust & Retention Account - 0.64 Balance with Non-Scheduled (Foreign) Banks SHORT TERM LOANS AND ADVANCES Advances to Suppliers, Contractors, Sub-contractors & Others Deposits with Government Department, Public Bodies & Others (a) Government Department & Public Bodies 34.89 1,460.00 74.99 Receivable from Jaypee Cement Corporation Limited Interest accrued on Fixed Deposits & Others Cement Sales [Gross] [including Clinker Sales] Fabrication Material Sales [Gross] OTHER OPERATING REVENUE Machinery Rentals/Transportation Receipts Foreign Currency Rate Difference [Net] - Other than Finance Costs Profit/(Loss) on Sale / Disposal / Write-off of Assets [Net] Dividends from Non Current Investments [from Subsidiaries ` (Previous Year ` 57,75,00,000/-)] Profit/(Loss) on Sale/Redemption of Exchange Traded Funds/Mutual Funds [Net] COST OF MATERIALS CONSUMED Consumption of Food & Beverages etc. Less:Attributable to Self Consumption Less:Clinker Transferred for Trial Run CHANGES IN INVENTORIES OF FINISHED GOODS & WORK-IN-PROGRESS WORK-IN-PROGRESS - Construction Division Less:Closing Work-in-Progress Excise Duty Difference on Changes in Closing Stocks MANUFACTURING, CONSTRUCTION, REAL ESTATE, HOTEL / HOSPITALITY & POWER EXPENSES Hotel & Golf Course Operating Expenses Hire Charges and Lease Rentals of Machinery Power, Electricity and Water Charges Repairs and Maintenance of Machinery Freight, Octroi & Transportation Charges Less:Attributable to Self Consumption EMPLOYEE BENEFITS EXPENSES Contribution to Provident & Other Funds Interest on Non-Convertible Debentures Interest on Bank Borrowing and Others Foreign Currency Rate Difference [Net] - On Financing DEPRECIATION AND AMORTISATION EXPENSE Less:Transferred to Expenditure During Construction Period Less:Amount Adjusted with Revaluation Reserve Less:Amount Adjusted with Revaluation Reserve Loading, Transportation & Other Charges Commission & Discount on Sales Bank Charges, Bill Discounting & Guarantee Commission Light Vehicles Running & Maintenance Foreign Currency Rate Difference [Net] - Other than Finance Costs PROJECTS UNDER DEVELOPMENT Expenses On Development during the year Transfer from Fixed Assets [Leasehold Land] Transfer from Capital Work-in-Progress Power, Electricity and Water Charges Sales and Promotional Expenses Less:Cost of Infrastructure & Construction of Properties Developed and under Development Less:Transferred to Capital Work-in-Progress INCIDENTAL EXPENDITURE DURING CONSTRUCTION PERIOD Transferred to Transferee Company Site / Quarry Development & Survey Expenses LC Commission, Bank Charges and Bank Guarantee Commission Vehicle / Machinery Hire Charges / Lease Rent Light Vehicles Running & Maintenance Advertisement / Business Promotion Expenses Less:Capitalised / Transferred During the year Carried over to Balance Sheet [included in Capital Work-in-Progress] JAIPRAKASH ASSOCIATES LIMITED As At 31.03.2014 (Rs. in Crores) 13,412.91 22,436.61 13,618.22 49,467.74 34,173.17
14,680.34 15,294.57 49,467.74 - (0.00) - - - - - - - - As At 31.03.2014 ` Equity Shares [Previous Year 2,02,19,850] allotted for cash under "Jaypee Employees Stock Purchase Scheme 2002"; Equity Shares [Previous Year 1,25,00,000] allotted for cash under "Jaypee Employees Stock Purchase Scheme 2009"; Equity Shares [Previous Year 20,16,23,717] allotted for cash on conversion of Foreign Currency Convertible Bonds; Equity Shares [Previous Year 1,00,00,000] allotted for cash to Promoters on Preferential Basis and Equity Shares [Previous Year 6,42,04,810] allotted through Qualified Institutional Placement as on 06.02.2013. Equity Shares [Previous Year 86,08,65,055] allotted for consideration other than cash in terms of the Scheme of Amalgamation effective from 11.03.2004; Equity Shares [Previous Year 12,43,78,825] allotted in terms of Scheme of Amalgamation effective from 22.08.2006; Equity Shares [Previous Year 21,80,10,985] allotted pursuant to Scheme of Amalgamation effective from 27.05.2009 and Reconciliation of the Number of Shares Outstanding at the beginning and at the end of the reporting period: The Company has only one class of equity shares having a par value of ` 2/- per share. Each holder of equity share is entitled to one vote per share. Each share is entitled to equal dividend declared by the In the event of liquidation, each share carries equal rights and will be entitled to receive equal amount per share out of the remaining amount available with the Company after making preferential payments. As At 31.03.2014 Rupees in Crores Non-current 2,118.34 13,817.78 307.98 6.06 16,250.16 Non-current 667.81 196.59 41.89 55.67 772.07 157.16 1,263.76 3,154.95 19,405.11 1,361.95 29.74 1,332.21 140.06 225.00 754.54 2.70 375.00 1,497.29 150.00 5.00 47.00 202.00 2,295.28 28,270.23 24,343.3 3,926.92 1,406.50 3,701.78 2,443.85 2,443.85 3,937.31 1,226.03 165.00 248.00 1,275.00 12.75 75.00 475.00 7,414.09 11.00 47.50 58.50 2,762.76 3,226.47 305.89 58.46 11.31 6,364.89 6,364.89 2.04 2,216.59 2.60 603.99 167.00 (126.42) 9,230.69 The Trusts are holding shares of 18,93,16,882 Equity Shares [Previous Year 18,93,16,882] of ` 2/- of Jaiprakash Associates Limited, the sole beneficiary of which is the Company. [The Market Value of Shares held in Trusts is ` (Previous Year ` 12,39,07,89,926/-)] Since the Market Rate of Saket Project Limited was not available in any of the Stock Exchanges, Market Value 460.00 666.50 490.00 360.00 5.50 280.00 2,262.00 2,850.00 - 0.55 2,850.55 30.81 4.00 34.81 545.79 418.82 16.13 184.04 193.22 524.89 2.30 130.00 2,015.19 1,050.00 1,050.00 137.13 2,461.03 2,598.16 4.68 0.09 605.76 3.69 614.23 859.95 743.27 30.94 618.27 58.75 1,569.87 3,881.05 4,358.95 720.95 21.23 5,101.13 - Equity Shares [Previous Year 86,08,65,055] allotted for consideration other than cash in terms of the Scheme of Amalgamation effective from 11.03.2004; For the period ended March 31, 2013 2014 Share Capital 2 4,438.2 4,438.2 Reserves and Surplus 3 128,885.1 132,528.9 Total 133,323.3 136,967.1 NON-CURRENT LIABILITIES Long-term Borrowings 4 185,909.1 196,224.0 Deferred Tax Liabilities [Net] 5 13,726.8 12,542.2 Other Long-term Liabilities 6 17,043.9 10,333.1 Long-term Provisions 7 1,802.9 1,571.9 CURRENT LIABILITIES Short-term Borrowings 8 16,258.0 35,491.5 Trade Payables 9 24,030.2 21,162.5 Other Current Liabilities 10 66,115.9 73,177.2 Short-term Provisions 11 1,723.3 1,046.1 TOTAL EQUITY AND LIABILITIES 459,933.4 488,515.6 ASSETS NON-CURRENT ASSETS FIXED ASSETS 12 Tangible Assets 131,164.0 148,502.5 Intangible Assets 412.2 116.7 Capital Work-in-Progress [Including Incidental Expenditure During Construction Period] 58,008.2 49,809.9 Intangible Assets under Development 0.9 1.3 NON-CURRENT INVESTMENTS 13 85,970.5 103,401.0 LONG TERM LOANS AND ADVANCES 14 18,091.0 23,525.4 OTHER NON-CURRENT ASSETS 15 18,502.6 25,878.4 CURRENT ASSETS Current Investments 16 2,932.1 288.5 Inventories 17 19,694.8 18,687.8 Projects Under Development 18 10,082.4 9,353.3 Trade Receivables 19 25,262.4 29,307.5 Cash and Cash Equivalents 20 12858.8 8,798.1 Short-term Loans and Advances 21 33,969.8 36,442.9 Other Current Assets 22 42,983.7 34,402.3 TOTAL ASSETS 459,933.4 488,515.6 For the period ended March 31, 2013 2014 REVENUE FROM OPERATIONS(Gross) 23 139,811.9 137,464.1 Less:Excise Duty on Sales 6,457.2 6,303.0 REVENUE FROM OPERATIONS(Net) 133,354.7 131,161.1 OTHER INCOME 24 1,789.4 2,109.1 TOTAL REVENUE 135,144.1 133,270.2 EXPENDITURE Cost of Materials Consumed 25 32,786.0 34,938.4 Changes in Inventories of Finished Goods & Work-in- Progress 26 (2,157.3) (1,626.3) Manufacturing, Construction, Real Estate, Hotel / Hospitality & Power Expenses 27 42,004.2 38,729.2 Employee Benefits Expense 28 8079.5 7,892.8 Finance Costs 29 20,113.5 27,520.7 Depreciation and Amortisation Expense 30 7,261.3 7,735.5 Other Expenses 31 19,642.4 18,717.5 Profit before Exceptional, Prior Period Items & Tax 7,414.5 (637.6) Profit on Sale of Shares - Exceptional Item - 3,952.8 Prior Period Adjustments [Net] 93.0 86.3 Profit beforeTax 7,507.5 3,401.5 Tax Expense Current Tax 1,391.7 447.2 Deferred Tax 1,289.5 (1,184.6) Excess Provision for Income Tax in Earlier Years Reversed (186.5) - Profit for the period 5,012.8 4,138.9 Earnings Per Equity Share [EPS] [Face Value of ` 2/- per share] Basic Earnings Per Share 2.34 1.87 Diluted Earnings Per Share 2.29 1.94 Note 2 Share capital As at 31-Mar-13 Number ` million Authorised 12,344,000,000 Equity Shares [Previous Year 12,344,000,000] of ` 2/- each 12,344,000,000 24,688.0 3,120,000 Preference Shares [Previous Year 3,120,000] of ` 100/- each 3,120,000 312.0 25,000.0 Issued, Subscribed and Fully Paid-up 2,219,083,559 Equity Shares [Previous Year 2,126,433,182] of ` 2/- each fully paid up 4,438.2 Reconciliation of the outstanding shares Equity Shares at the beginning of the year 2,126,433,182 4,252.9 Add Equity Shares allotted on conversion of Foreign Currency Convertible Bonds 28,445,567 56.9 Add:Equity Shares allotted on Qualified Institutional Placement 64,204,810 128.4 Equity Shares at the end of the year 2,219,083,559 4,438.2 Shareholde holding more than 5% Shares Number % holding Jaypee Infra Ventures Limited (a Private Company with unlimited liability) 717,656,303 32.34 As at 31-Mar-14 Number ` million 12,344,000,000 24,688.0 3,120,000 312.0 25,000.0 4,438.2 2,219,083,559 4,438.2 - - - - 2,219,083,559 4,438.2 Number % holding 725,150,727 32.72 Note 3 RESERVES AND SURPLUS General Reserve As per last Balance Sheet Add : Transfer from Surplus - Balance in Statement of Profit and Loss Debenture Redemption Reserve As per last Balance Sheet Add : Transfer from Surplus - Balance in Statement of Profit and Loss Less : Transfer to Surplus - Balance in Statement of Profit and Loss Revaluation Reserve As per last Balance Sheet Less:Depreciation and amortisation adjusted on Revalued Assets Securities Premium Reserve As per last Balance Sheet Add : On conversion of Foreign Currency Convertible Bonds into Shares Add : On Issue of Shares through Qualified Institutional Placement Less: Provision of Premium Payable on Redemption of Debentures Less: Expenses on Issue of Shares / Debentures Reserve for Premium on Foreign Currency Convertible Bonds As per last Balance Sheet Less:Transfer to Surplus - Balance in Statement of Profit and Loss Less:Paid on Redemption Capital Reserve [including Demerger Reserve] As per last Balance Sheet Capital Redemption Reserve As per last Balance Sheet Share Forfeited Reserve As per last Balance Sheet Surplus - Balance in Statement of Profit and Loss As per last Balance Sheet Profit for the year Add :Provision for Dividend Distribution Tax Written-back Add :Final Dividend Transferred from Trusts Add :Transfer from Reserve for Premium on Foreign Currency Convertible Bonds Add: Transfer to Debenture Redemption Reserve Less:Appropriations Transfer to Debenture Redemption Reserve Transfer to General Reserve Less:Dividend Proposed Final Equity Dividend Tax on Proposed Final Equity Dividend As at 31-Mar-13 As at 31-Mar-14 ` million ` million 17,835.7 18,345.7 510.0 - 15,811.1 15,887.6 76.5 - - 2,593.0 2005.5 1,985.5 20.0 20.2 20,422.0 26,631.8 2,147.6 - 5,200.6 - 786.6 749.6 351.8 - 7,801.1 - 7,794.6 - 6.5 - 23,418.5 23,418.5 11.3 11.3 0.10 0.10 31484.8 42604.6 5012.8 4138.9 93.7 180.0 94.7 94.7 7794.6 - - 2,593.0 76.5 - 510.0 - 1,109.5 - 180.0 - 128,885.1 132,528.9 Note 4 LONG-TERM BORROWINGS Current Non-Current Current SECURED LOANS Non-convertible Debentures 10,383.3 34,716.7 13,533.3 Term Loans From Financial Institutions 589.6 7,345.9 2,267.5 From Banks In Rupees 14,160.8 101,955.6 21,185.5 In Foreign Currency 323.9 1,033.3 352.6 From Others 1,045.0 2,846.3 804.7 Loan from State Government [Interest Free] - 2,717.8 - Advances from Clients Government Departments, Public Sector Undertakings & Others - Secured against Hypothecation of Construction Material and Plant & Machinery Interest Bearing - 60.6 - 26,502.6 150,676.2 38,143.6 UNSECURED LOANS Foreign Currency Convertible Bonds FCCB [USD]-2012 - 6,049.9 - Foreign Currency Loans from Banks [ECB] ECB [USD / JPY] 3,227.9 1,752.1 - ECB [GBP] 1,021.6 1,531.8 1,031.0 ECB [CAD] 1,143.1 1,713.9 1,152.4 ECB [USD]-2012 - 8,220.0 555.0 Loans From Banks in Foreign Currency 354.9 1,774.6 398.6 Fixed Deposits Scheme 9,015.9 14,190.6 8,643.5 As at 31-Mar-13 ` million As at 31-Mar-14 ` million 14,763.4 35,232.9 11,780.5 41,266.0 185,909.1 49,924.1 Non-Current 21,183.3 10,133.5 126,673.2 771.8 2,549.6 3,116.2 60.6 164,488.2 6,678.1 1,965.9 514.8 575.5 7,770.0 1,594.6 12,636.9 As at 31-Mar-14 ` million 31,735.8 196,224.0 Note 5 As at 31-Mar-13 As at 31-Mar-14 ` million ` million DEFERRED TAX LIABILITIES [NET] Deferred Tax Liabilities 14,024.2 14,865.6 Less:Deferred Tax Assets 297.4 2,323.4 13,726.8 12,542.2 Note 6 As at 31-Mar-13 As at 31-Mar-14 ` million ` million OTHER LONG TERM LIABILITIES Long Term Trade Payables Due to Micro, Small & Medium Enterprises - - Others 1,134.1 1,515.9 Interest accrued but not due on Borrowings 909.0 1,397.8 Adjustable receipts against Contracts (Partly Secured against Bank Guarantees) (a) Interest Bearing 196.7 196.7 (b) Non Interest Bearing (i) From Subsidiaries/Associates 8,982.9 2,969.6 (ii) From Others 2,233.5 908.0 Advance from Customers 19.3 17.0 Other Payables (i) Capital Suppliers 51.6 28.5 (ii) Statutory Dues 4.4 4.4 (iii) Other Creditors 3512.4 3295.2 17,043.9 10,333.1 Note 7 As at 31-Mar-13 As at 31-Mar-14 ` million ` million LONG-TERM PROVISIONS Provisions for Premium on Redemption of Debentures 1409.5 1,040.7 Provisions for Employee Benefits For Gratuity 16.7 97.8 For Leave Encashment 376.7 433.4 1,802.9 1,571.9 Note 8 As at 31-Mar-13 As at 31-Mar-14 ` million ` million SHORT-TERM BORROWINGS [i] Secured Loans a. Term Loans from Banks 1,040.0 15,465.0 b. Working Capital Loans from Banks 3,286.3 8,011.9 [ii] Unsecured Loans a. Loans From Banks 3,888.0 3,431.9 b. Bills Discounting 7,912.3 8,526.8 c. Fixed Deposits Scheme 131.4 55.9 16,258.0 35,491.5 Note 9 As at 31-Mar-13 As at 31-Mar-14 ` million ` million TRADE PAYABLES Due to Micro, Small & Medium Enterprises - - Others 24,030.2 21,162.5 24,030.2 21,162.5 Note 10 As at 31-Mar-13 As at 31-Mar-14 ` million ` million OTHER CURRENT LIABILITIES Current maturities of Long term Debt Secured Loans [Refer Note No."4(I)" 26,502.6 38,143.6 Unsecured Loans [Refer Note No."4(II)"] 14,763.4 11,780.5 Interest accrued but not due on Borrowings 2,031.7 1,755.2 Adjustable receipts against Contracts (Secured Partly against Bank Guarantees) (a) Interest Bearing 512.5 150.0 (b) Non Interest Bearing (i) From Subsidiaries/Associates 1,949.2 265.5 (ii) From Others 1,312.2 1,618.1 Advance from Customers 13,019.9 12,813.7 Unclaimed Dividend* 123.9 125.8 Unclaimed Matured Public Deposit [including interest thereon]* 268.0 277.9 *[Appropriate amounts shall be transferred to Investor Education & Protection Fund, if and when due] Other Payables [including Statutory Dues, Staff Payable etc] (i) Capital Suppliers 2,086.6 2,054.7 (ii) Staff Dues 797.1 814.4 (iii) Statutory Dues 1,013.6 2,326.2 (iv) Other Creditors 1,735.2 1,051.6 66,115.9 73,177.2 Note 11 As at 31-Mar-13 ` million SHORT-TERM PROVISIONS Provisions for Employee Benefits Leave Encashment 100.8 Provisions for Premium on Redemption of Debentures 333.0 Other Provisions For Proposed Final Equity Dividend 1,109.5 For Tax on Proposed Final Equity Dividend 180.0 1,723.3 As at 31-Mar-14 ` million 38.9 1,007.2 - - 1,046.1 Note 13 (A) INVESTMENTS IN SUBSIDIARIES (a) IN EQUITY SHARES - Quoted, fully paid-up 1,783,000,600 (1,783,000,600) 995,000,000 (1,155,000,000) (b) IN EQUITY SHARES - Unquoted, fully paid-up 118,090,000 (118,090,000) 271,350,000 (271,350,000) 514,877,000 (514,877,000) 273,800,000 (273,800,000) 627,500,000 (627,500,000) 161,085,000 (161,085,000) 10,000,000 (10,000,000) 63,000 (63,000) 250,000,000 (100,000,000) (B) INVESTMENT IN JOINT VENTURE SUBSIDIARIES IN EQUITY SHARES - Unquoted, fully paid-up 280,966,752 (280,966,752) 543,160 (543,160) 98,901,000 (98,901,000) (C) INVESTMENT IN ASSOCIATE COMPANIES IN EQUITY SHARES - Unquoted, fully paid-up 30,000,000 (30,000,000) 10,000 (10,000) 736,620 (736,620) 23,575 (23,575) 13,750 (13,750) 4,900,000 (4,900,000) 4,900,000 (4,900,000) (D) OTHER INVESTMENTS (a) IN EQUITY SHARES - Quoted, fully paid-up 15,350 (15,350) 100 (100) 721,600 (721,600) 868,000 (868,000) 20,000 (20,000) 165,900 (165,900) 25,000 (25,000) (b) IN EQUITY SHARES - Unquoted, fully paid-up 5 (5) 5 (5) 2,035,000 (2,035,000) 840,000 (840,000) (E) PREFERENCE SHARES - Unquoted, fully paid-up INVESTMENT IN SUBSIDIARIES 2,500,000 (2,500,000) 29,364,000 (29,364,000) 24,040,000 (34,040,000) 1,500,000 (1,500,000) 100,000,000 (100,000,000) 12,500,000 (12,500,000) 4,350,000 (-) (F)BULLION (G)INTEREST IN BENEFICIARY TRUSTS (H) INVESTMENTS IN BONDS As at 31-Mar-13 ` million (A) INVESTMENTS IN SUBSIDIARIES (a) IN EQUITY SHARES - Quoted, fully paid-up Equity Shares of Jaiprakash Power Ventures Limited of ` 10/- each 17,677.6 Equity Shares of Jaypee Infratech Limited ` 10/- each 11,550.0 (b) IN EQUITY SHARES - Unquoted, fully paid-up Equity Shares of Himalyan Expressway Limited of ` 10/- each 1,180.9 Equity Shares of Jaypee Ganga Infrastructure Corporation Limited of ` 10/- each 2,713.5 Equity Shares of Jaypee Sports International Limited of ` 10/- each 5,148.8 Equity Shares of Jaypee Agra Vikas Limited of ` 10/- each 2,738.0 Equity Shares of Jaypee Cement Corporation Limited of ` 10/- each 14,516.4 Equity Shares of Jaypee Fertilizers & Industries Limited of ` 10/- each 1,610.9 Equity Shares of Himalyaputra Aviation Limited of ` 10/- each 100.0 Equity Shares of Jaypee Assam Cement Limited of ` 10/- each 0.6 Equity Shares of Prayagraj Power Generation Company Limited of ` 10/- each 1,000.0 (B) INVESTMENT IN JOINT VENTURE SUBSIDIARIES IN EQUITY SHARES - Unquoted, fully paid-up Equity Shares of Bhilai Jaypee Cement Limited of ` 10/- each 1,764.5 Equity Shares of Gujarat Jaypee Cement & Infrastrcture Limited of ` 10/- each 5.4 Equity Shares of Bokaro Jaypee Cement Limited of ` 10/- each 1,289.0 (C) INVESTMENT IN ASSOCIATE COMPANIES IN EQUITY SHARES - Unquoted, fully paid-up Equity Shares of Madhya Pradesh Jaypee Minerals Limited of ` 10/- each [Joint Venture] 300.0 Equity Shares of Jaiprakash Kashmir Energy Limited of ` 10/- each 0.1 Equity Shares of RPJ Minerals Private Limited of ` 10/- each 121.2 Equity Shares of Sonebhadra Minerals Private Limited of ` 10/- each 63.3 Equity Shares of Indesign Enterprises Private Limited, Cyprus Cyprus Pound 1/- each 2.0 Equity Shares of MP Jaypee Coal Fields Limited of ` 10/- each [Joint Venture] 49.0 Equity Shares of MP Jaypee Coal Limited of ` 10/- each [Joint Venture] 49.0 (D) OTHER INVESTMENTS (a) IN EQUITY SHARES - Quoted, fully paid-up Equity shares of Capital Trust Limited of ` 10/- each 0.2 Equity Shares of IFCI Limited of ` 10/- each - Equity Shares of Indian Overseas Bank Limited of ` 10/- each 7.2 8,68,000 Equity Shares of Sumeru Industries Limited of ` 1/- each 0.5 20,000 Equity Shares of Saket Projects Limited of of ` 10/- each 0.2 1,65,900 Equity Shares of PNB Gilts Limited of ` 10/- each 5.0 25,000 Equity Shares of Tourism Finance Corporation of India Limited of ` 10/- each 0.5 (b) IN EQUITY SHARES - Unquoted, fully paid-up Equity Shares of Makers Chamber VI Premises Co-operative Society Limited, Bombay of ` 50/- each - Equity Shares of Sanukt Members Association of ` 100/- each - Equity Shares of Delhi Gurgaon Super Connectivity Limited of ` 10/- each 20.4 Equity Shares of U.P. Asbestos Limited of ` 10/- each - (E) PREFERENCE SHARES - Unquoted, fully paid-up INVESTMENT IN SUBSIDIARIES 11% Cumulative Redeemable Preference Shares of Himalyan Expressway Limited of ` 100/- each 250.0 12% Non Cumulative Redeemable Preference Shares of Jaypee Ganga Infrastructure Corporation Limited of ` 100/- each 2,936.4 12% Non Cumulative Redeemable Preference Shares of Jaypee Agra Vikas Limited of ` 100/- each 3,404.0 12% Non Cumulative Redeemable Preference Shares of Himalyaputra Aviation Limited of ` 100/- each 150.0 12% Non Cumulative Redeemable Preference Shares of Jaypee Cement Corporation Limited of ` 100/- each 10,000.0 12% Non Cumulative Redeemable Preference Shares of Jaypee Sports International Limited of ` 100/- each 1,250.0 Cumulative Redeemable Preference Shares of Jaypee Fertilizers & Industries Limited of ` 10/- each - Gold [27 Kgs] 26.0 (G)INTEREST IN BENEFICIARY TRUSTS (i)JHL Trust 460.3 (ii)JCL Trust 3,310.5 (iii)GACL Trust 1,960.6 (iv)JEL Trust 308.5 (H) INVESTMENTS IN BONDS IFCI Tax Free Bond - 85,970.5 As at 31-Mar-14 ` million 17,677.6 9,950.0 1,180.9 2,713.5 5,722.1 2,738.0 14,516.4 2,775.9 100.0 0.6 3,400.0 1,764.5 5.4 1,289.0 300.0 0.1 121.2 63.3 2.0 49.0 49.0 0.2 - 7.2 - 0.2 5.0 0.5 - - 20.4 - 250.0 2,936.4 1,021.2 150.0 20,000.0 1,250.0 5,175.5 26.0 460.3 3,310.5 1,960.6 308.5 100.0 101,401.0 Note 14 As at 31-Mar-13 As at 31-Mar-14 ` million ` million LONG-TERM LOANS AND ADVANCES [Unsecured, considered good] Capital Advance 3335.4 5,885.6 Deposits with Government Department, Public Bodies & Others Government Department & Public Bodies 5152.6 6,679.6 Others 59.5 55.2 Loans and Advances to Related Parties: Advances to Suppliers, Contractors, Sub- contractors & Others 4,372.70 2,907.6 Claims and Refund Receivable 3,316.10 4,049.0 Prepaid Expenses 91.4 1,184.6 AdvanceTax and Income Tax Deducted at Source [Net of Provision] 1763.3 2763.8 18,091.0 23,525.4 Note 15 As at 31-Mar-13 As at 31-Mar-14 ` million ` million OTHER NON-CURRENT ASSETS [Unsecured, considered good] Long Term Trade Receivables 18317.4 25,798.0 Considered Good Doubtful From Overseas Works 1016.3 1016.3 Less:Provision for writting off 1016.3 1016.3 Receivable from Jaypee Cement Corporation Limited [Transferee Company] 167.8 71.5 Interest accrued on Fixed Deposits & Others 17.4 8.9 18,502.6 25,878.4 Note 16 As at 31-Mar-13 ` million CURRENT INVESTMENTS
(a) In Units of Exchange Traded Funds, Quoted 362.1 [Market Value ` 2, 485 Lakhs (Previous Year ` 3,621 Lakhs)] (b) In Units of Mutual Funds, Unquoted 2,570.0 2,932.1 As at 31-Mar-14 ` million 248.5 40.0 288.5 Note 17 As at 31-Mar-13 As at 31-Mar-14 ` million ` million INVENTORIES (As per inventories taken, valued and certified by the Management) Stores and Spare Parts 5950.8 5,420.0 Construction Materials 4,651.4 2,122.2 Raw Materials 194.1 148.3 Finished Goods 1,864.9 1,530.2 Stock in Process 1,883.5 1,186.1 Work-in-Progress-Construction Division 4,945.4 7,485.6 Food and Beverages 21.7 19.8 Goods in Transit Stores and Spares 150.0 361.2 Raw Materials 9.3 409 Construction Materials 23.7 5.4 19,694.8 18,687.8 Note 18 As at 31-Mar-13 As at 31-Mar-14 ` million ` million PROJECTS UNDER DEVELOPMENT 10082.4 9353.3 Note 19 As at 31-Mar-13 As at 31-Mar-14 ` million ` million Note 9 As at 31-Mar-13 As at 31-Mar-14 ` million ` million Note 9 As at 31-Mar-13 As at 31-Mar-14 ` million ` million Note 9 As at 31-Mar-13 As at 31-Mar-14 ` million ` million Note 9 As at 31-Mar-13 As at 31-Mar-14 ` million ` million Note 9 As at 31-Mar-13 As at 31-Mar-14 ` million ` million