jal balance sheet 31.03.14

8/21/2019 JAL Balance Sheet 31.03.14

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PROVISIONAL BALANCE SHE

EQUITY AND LIABILITIES

SHAREHOLDERS FUNDS

(a) Share Capital

(b) Reserves and Surplus

NON-CURRENT LIABILITIES

(a) Long-term Borrowings

(b) Deferred Tax Liabilities [Ne

(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 LIABILITI

ASSETS

NON-CURRENT ASSETS

(a) FIXED ASSETS

(i) Tangible Assets


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(ii) Intangible Assets

(iii) Capital Work-in-Progr

Expenditure Duri

(iv) Intangible Assets und

(b) NON-CURRENT INVESTM

(c) LONG TERM LOANS AND

(d) OTHER NON-CURRENT A

CURRENT ASSETS

(a) Current Investments

(b) Inventories

(c) Projects Under Developme

(d) Trade Receivables(e) Cash and Cash Equivalent

(f) Short-term Loans and Adva

(g) Other Current Assets

TOTAL ASSETS

PROVISIONAL STATEMENT O

REVENUE FROM OPERATION

OTHER INCOME


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EXPENDITURE

Cost of Materials Consumed

Changes in Inventories of FinishManufacturing, Construction, Re

Power Expenses

Employee Benefits Expense

Finance Costs

Depreciation and Amortisation E

Other Expenses

Profit before Exceptional, Prio

Profit on Sale of Shares - ExcepPrior Period Adjustments [Net]

Profit beforeTax

Tax Expense

Current Tax

Deferred Tax

Excess Provision for Income

Profit for the period

Earnings Per Equity Share [EP

Basic Earnings Per Share

Diluted Earnings Per Share

NOTE No. "1"

SHARE CAPITAL

Authorised


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12,344,000,000

3,120,000

Issued, Subscribed and Fully P

2,219,083,559

1.1 Issued, Subscribed and

Shares for considerat

20,219,850

12,500,000

201,623,717

10,000,000

64,204,810

Shares for considerat

860,865,055

124,378,825

218,010,985707,280,317

1.2 Reconciliation of th

Equity Shares at the

Add Equity Shares all

Add:Equity Shares all

Equity Shares at the

1.3 Terms / Rights

T

e


5/123

NOTE No. "2"

RESERVES AND SURPLUS

General Reserve

As per last Balance Sheet

Add : Transfer from Surplus - B

Debenture Redemption Reserv

As per last Balance Sheet Add : Transfer from Surplus - B

Revaluation Reserve


Less:Depreciation and amortis

Securities Premium Reserve


Add : On conversion of Foreign

Add : On Issue of Shares throu

Less: Provision of Premium Pa

Less: Expenses on Issue of Sh

Reserve for Premium on Forei


Less:Transfer to Surplus - BalaLess:Paid on Redemption

Capital Reserve [including De


Capital Redemption Reserve


In

p


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Share Forfeited Reserve


Surplus - Balance in Statement


Profit for the year

Add :Provision for Dividend Di

Add :Final Dividend Transferre

Add :Transfer from Reserve fo

Convertible Bonds

Less:Appropriations

Transfer to Debenture Rede

Transfer to General Reserve

Less:Dividend

Proposed Final Equity Divid

Tax on Proposed Final Equit

NOTE No. "3"

LONG-TERM BORROWINGS

[I] SECURED LOANS

A. Non-convertible De

B. Term Loans

(i) From Financial In

(ii) From Banks

(a) In Rupees

(b) In Foreign Cur


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(iii) From Others

c. Loan from State Go

d. Advances from ClieGovernment Departm

Secured against Hyp

Interest Bearing

Total =====> "I"

[II] UNSECURED LOANS

A. Foreign Currency C

FCCB [USD]-2012

B. Foreign Currency L

(i) ECB [USD / JPY

(ii) ECB [GBP]

(iii) ECB [CAD]

(iv) ECB [USD]-2012

C. Loans From Banks

In Foreign Currency

D. Fixed Deposits Sch

Total =====> "II"

Gr. Total =====> "I + II"

NOTE No. "4"

DEFERRED TAX LIABILITIES [


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Deferred Tax Liabilities

Less:Deferred Tax Assets

NOTE No. "5"

OTHER LONG TERM LIABILITI

Trade Payables

Due to Micro, Small & Me

Others

Interest accrued but not du

Adjustable receipts against(a) Interest Bearing

(b) Non Interest Bearing

(i) From Subsidiaries/A

(ii) From Others

Advance from Customers

Other Payables

NOTE No. "6"

LONG-TERM PROVISIONS

Provisions for Premium on

Provisions for Employee Be

For Gratuity For Leave Encashment


9/123

NOTE No. "7"

SHORT-TERM BORROWINGS

[i] Secured Loans

A. Term Loans from BanksB. Working Capital Loans from B

[ii] Unsecured Loans

A. Loans From Banks

B. Bills Discounting

C. Fixed Deposits Scheme

NOTE No. "8"

TRADE PAYABLES

Due to Micro, Small & MeOthers

NOTE No. "9"

OTHER CURRENT LIABILITIES

Current maturities of Long term(a) Secured Loans [Refer Note

(b) Unsecured Loans [Refer N

Interest accrued but not due on


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Adjustable receipts against Cont

(a) Interest Bearing


(i) From Subsidiaries/Associa

(ii) From Others

Advance from Customers

Unclaimed Dividend*

Unclaimed Matured Public Depo

*[Appropriate amounts shall be

Protection Fund, if and when

Other Payables [including Statut

NOTE No. "10"

SHORT-TERM PROVISIONS

Provisions for Employee Be

Leave Encashment

Provisions for Premium on

Other Provisions

For Proposed Final E

For Tax on Proposed


11/123

NOTE No. "12"

NON-CURRENT INVESTMENT

(A) INVESTMENTS IN SUBSIDI

(a) IN EQUITY SHARES -

(i) 1,783,000,600

(1,783,000,600)

(ii) 995,000,000

(1,155,000,000)

(b) IN EQUITY SHARES -

(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 VE

IN EQUITY SHARES - Unq

(i) 280,966,752

(280,966,752)


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(ii) 543,160

(543,160)

(iii) 98,901,000

(98,901,000)

(C) INVESTMENT IN ASSOCIA

IN EQUITY SHARES - Unq

(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 -

(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


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(165,900)

(vii) 25,000

(25,000)

(b) IN EQUITY SHARES -

(i) 5

(ii) (5)

(iii) 5

(5)

(iv) 2,035,000

(2,035,000)

(v) 840,000

(840,000)

(E) PREFERENCE SHARES -

INVESTMENTS IN SUBSI

(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)


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(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 BENEFICIA

(i) JHL Trust

(ii) JCL Trust

(iii) GACL Trust(iv) JEL Trust

(H) SHARE APPLICATION M

(i) Jaypee Fertilizers an

(ii) Prayagraj Power Gen

(iii) Jaiprakash Kashmir

(iv) Misc.

Less: Advance received for

Aggregate cost of:

1. Quoted Investments i

Previous Year ` 92,4

Unquoted Investment

2. The Trusts are holdinthe sole beneficiary o

3. All Investments are N

4. Since the Market Rat

has been considered


15/123

NOTE No. "13"

LONG-TERM LOANS AND ADV

[Unsecured, considered good]

Capital Advance

Deposits with Government Depa

(a) Government Departm

(b) Others

Advances to Suppliers, Contract

Claims and Refund Receivable

Prepaid Expenses

AdvanceTax and Income Tax De

NOTE No. "14"

OTHER NON-CURRENT ASSE


Long Term Trade Receivables

Considered Good

Doubtful

From Overseas Works

Less:Provision for writti

Interest accrued on Fixed D


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NOTE No. "15"

CURRENT INVESTMENTS

(a) In Units of Exchange Trade

[Market Value 25,19(b) In Units of Mutual Funds, U

NOTE No. "16"

INVENTORIES (As per inventor

(a) Stores and Spare Parts(b) Construction Materials

(c) Raw Materials

(d) Finished Goods

(e) Stock in Process

(f) Work-in-Progress-Construc

(g) Food and Beverages

(h) Goods in Transit

NOTE No. "17"

PROJECTS UNDER DEVELOP

NOTE No. "18"

TRADE RECEIVABLES

(Unsecured, considered good)


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(a) Debts outstanding for a peri

(i) Considered Good

(ii) Considered Doubtful

Less:Provision for Ba

(b) Other Debts

NOTE No. "19"

CASH AND CASH EQUIVALEN

(a) Cash-on-hand(b) Cheques & Drafts-on-hand

(c) Balances with Scheduled B

(i) In Current & Cash C

(ii) In Fixed Deposits Ac

Having remaining

Others

(iii) Balance in Dividend

(iv) Balance in Trust &

In Current Account

(d) Balance with Non-Schedule

In Current Account

NOTE No. "20"SHORT TERM LOANS AND AD


Advances to Suppliers, Contract

Advances to Related Parties


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Staff Imprest and Advances

Claims and Refunds Receivable

Prepaid Expenses

Deposits with Government Depa

(a) Government Departmen(b) Others

(i) Real Estate

(ii) Others

NOTE No. "21"

OTHER CURRENT ASSETS[Unsecured, considered good]

Receivable from Jaypee Cement

Unbilled Receivables

Interest accrued on Fixed Deposi

NOTE No."22"

SALE OF PRODUCTS

Cement Sales [Gross] [including

Less:Excise Duty on Sales

Real Estate Revenue

Power Revenue

Fabrication Material Sales [Gros

Less:Excise Duty on Sales


19/123

NOTE No."23"

SALE OF SERVICES

Construction Revenue

Hotel/Hospitality Revenue

Manpower Supply

Fabrication Jobs / Foundary

NOTE No."24"

OTHER OPERATING REVENU

Rent

Machinery Rentals/Transportatio

Foreign Currency Rate Differenc

Profit/(Loss) on Sale / Disposal /

Miscellaneous

NOTE No."25"

OTHER INCOME

Dividends from Non Current Inve

[from Subsidiaries ` (Previous

Profit/(Loss) on Sale/Redemption

Profit on Sale of Shares

Interest

NOTE No."26"


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COST OF MATERIALS CONSU

Raw Materials Consumed

Excise Duty on Clinkers

Consumption of Food & BeveragMaterials Consumed - Others

Machinery Spares Consumed

Stores and Spares Consumed

Coal Consumed

Packing Materials Consumed

Less:Attributable to Self Consum

Less:Clinker Transferred for Trial

NOTE No."27"

CHANGES IN INVENTORIES O

OPENING STOCKS

Finished Goods

Stock-in-Process

Stock-in-Process - Acquired

LESS:CLOSING STOCKS

Finished Goods

Stock-in-Process

WORK-IN-PROGRESS - ConstrOpening Work-in-Progress

Less:Closing Work-in-Progre

Excise Duty Difference on Chang


21/123

NOTE No."28"

MANUFACTURING, CONSTRU

HOTEL / HOSPITALITY & POW

Construction Expenses

Real Estate Expenses

Hotel & Golf Course Operating E

Hire Charges and Lease Rentals

Power, Electricity and Water Cha

Repairs and Maintenance of Mac

Repairs to Building and Camps

Freight, Octroi & Transportation

Less:Attributable to Self Consum

NOTE No."29"

EMPLOYEE BENEFITS EXPEN

Salaries, Wages & Bonus

Gratuity

Contribution to Provident & Othe

Staff Welfare

NOTE No."30"

FINANCE COSTS


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Interest on Term Loans

Interest on Non-Convertible Deb

Interest on Bank Borrowing and

Financing Charges


NOTE No."31"

DEPRECIATION AND AMORTI

Depreciation

Less:Transferred to ExpenditureLess:Amount Adjusted with Reva

Amortisation

Less:Amount Adjusted with Reva

NOTE No."32"

OTHER EXPENSES

Loading, Transportation & Other

Commission & Discount on Sale

Sales Promotions

Rent

Rates & TaxesInsurance

Travelling & Conveyance

Bank Charges, Bill Discounting &

Postage, Telephone & Telex

Light Vehicles Running & Mainte


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Legal & Professional

Charity & Donation

Security & Medical Services


Loss on Sale of BullionDirectors' 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 DEVELOP

Opening Balance

Expenses On Development du

Transfer from Fixed Assets [Le

Transfer from Capital Work-in-

Paid for Land

Construction Expenses

Technical Consultancy


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Power, Electricity and Water C

Personnel Expenses

Sales and Promotional Expens

Other Expenses

Finance Costs

Less:Cost of Infrastructure & Co

Less:Transferred to Capital Work

Balance carried to Note No.17

NOTE No."34"

INCIDENTAL EXPENDITURE D

Opening Balance

Transferred to Transferee Comp

Electricity, Power and Fuel

Salary, Wages and Staff Welfare

Site / Quarry Development & Sur


25/123

Repair and Maintenance

Legal and Professional

Technical Consultancy

Insurance

Travelling & Conveyance

LC Commission, Bank Charges

Finance Costs

Foreign Exchange Fluctuations

Safety and Security

Freight and Material Handling

Vehicle / Machinery Hire Charge

Light Vehicles Running & Mainte

Depreciation

Advertisement / Business Promo

Trial Run Expenses

Miscellaneous

Less:

(i) Miscellaneous Receipt

(ii) Interest Received


26/123

Less:Capitalised / Transferred D

Carried over to Balance Sheet


27/123

JAIPRAKASH ASSOCIATES LIMITED

T AS AT 31ST DECEMBER, 2013

443.82

12,969.09

19,405.11

] 1,332.21

1,497.29

202.00

3,701.78

2,443.85

7,414.09

58.50

S


28/123

ess [Including Incidental

g Construction Period]

er Development

19,829.93ENTS 9,230.69

ADVANCES 2,262.00

SETS 2,850.55

34.81

2,015.19

t 1,050.00

2,598.16614.23

nces 3,881.05

5,101.13

PROFIT & LOSS FOR THE PERIOD FROM 01.04.2013 TO 31.12.2013


29/123

d Goods & Work-in-Progress al Estate, Hotel / Hospitality &

xpense

Period Items & Tax

ional Item

ax in Earlier Years Reversed

] [Face Value of ` 2/- per share]


30/123

Equity Shares [Previous Year 12,34,40,00,000] of ` 2/- each

Preference Shares [Previous Year 31,20,000] of ` 100/- each

aid-up

Equity Shares [Previous Year 2,21,90,83,559] of ` 2/- each fully paid up

Paid-up Share Capital comprises of

on in cash

Equity Shares [Previous Year 2,02,19,850] allotted for cash under "Jaypee Emp

Equity Shares [Previous Year 1,25,00,000] allotted for cash under "Jaypee Emp

Equity Shares [Previous Year 20,16,23,717] allotted for cash on conversion of F

Equity Shares [Previous Year 1,00,00,000] allotted for cash to Promoters on Pr

Equity Shares [Previous Year 6,42,04,810] allotted through Qualified Institution

on other than cash

Equity Shares [Previous Year 86,08,65,055] allotted for consideration other tha

Equity Shares [Previous Year 12,43,78,825] allotted in terms of Scheme of Ama

Equity Shares [Previous Year 21,80,10,985] allotted pursuant to Scheme of AmEquity Shares [Previous Year 70,72,80,317] allotted as Bonus Shares .

Number of Shares Outstanding at the beginning and at the end of the rep

eginning of the year

otted on conversion of Foreign Currency Convertible Bonds

otted on Qualified Institutional Placement

nd of the year

e Company has only one class of equity shares having a par value of ` 2/- per

uity share is entitled to one vote per share. Each share is entitled to equal divid


31/123

alance in Statement of Profit and Loss

alance in Statement of Profit and Loss

tion adjusted on Revalued Assets

Currency Convertible Bonds into Shares

gh Qualified Institutional Placement

able on Redemption of Debentures

ares / Debentures

n Currency Convertible Bonds

nce in Statement of Profit and Loss

erger Reserve]

the event of liquidation, each share carries equal rights and will be entitled to

r share out of the remaining amount available with the Company after making p


32/123

of Profit and Loss

tribution Tax Written-back

d from Trusts

Premium on Foreign Currency

ption Reserve

nd

y Dividend

Current

entures 1,353.33

titutions 2,583.98

rency


33/123

ernment [Interest Free]

tsents, Public Sector Undertakings & Others -

thecation of Construction Material and Plant & Machinery

3,937.31

Current

nvertible Bonds

ans from Banks [ECB]

112.69

117.13

60.43

42.16

me 893.62

1,226.03

5,163.34

ET]


34/123

S

dium Enterprises

140.06

on Borrowings

Contracts (Partly Secured against Bank Guarantees)19.67

sociates

734.86

edemption of Debentures

nefits


35/123

1,875.00nks 420.28

550.00

850.00

6.50

dium Enterprises

ebtNo."3(I)"

te No."3(II)"]

orrowings


36/123

acts (Secured Partly against Bank Guarantees)

18.00

tes

230.00

it [including interest thereon]*

transferred to Investor Education &

ue]

ry Dues, Staff Payable etc]

nefits

edemption of Debentures

uity Dividend

Final Equity Dividend


37/123

RIES

uoted, 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

nquoted, fully paid-up

Equity Shares of Himalyan Expressway Limitedof ` 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


TURE SUBSIDIARIES


Equity Shares of Bhilai Jaypee Cement Limited

of ` 10/- each 176.45


38/123

Equity Shares of Gujarat Jaypee Cement & Infrastrcture


Equity Shares of Bokaro Jaypee Cement Limited

of ` 10/- each 128.90

E COMPANIES


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 Limitedof ` 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


Equity Shares of MP Jaypee Coal Limited



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 Limitedof ` 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


39/123

of ` 10/- each 0.50

25,000 Equity Shares of Tourism Finance Corporation of 10.00

India Limited of ` 10/- each 0.05


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


DIARIES

11% Cumulative Redeemable Preference Shares of

Himalyan Expressway Limited of 100/- each 25.00

12% Non Cumulative Redeemable Preference Shares of JaypeeGanga Infrastructure Corporation Limited of 100/- each 293.64

12% Non Cumulative Redeemable Preference Shares of

Jaypee Agra Vikas Limited of 100/- each 240.40


Himalyaputra Aviation Limited of 100/- each 15.00


40/123


Jaypee Cement Corporation Limited of 100/- each 1,000.00


Jaypee Sports International Limited of 100/- each 125.00

Cumulative Redeemable Preference Shares of JaypeeFertilizers & Industries Limited of 10/- each 517.55

Y TRUSTS -

46.03

331.05

196.0630.85

NEY

Industries Limited [Subsidiary Company] 23.27

eration Company Limited [Subsidiary Company] 65.00

nergy Limited [Associate Company]

78.73

redemption of Preference Shares of Jaypee Agra Vikas Limited [Subsidiary Co

Equity Shares (Market Value `

,22,31,695)

in Equity Shares, Preference Shares & Bullion

shares of 18,93,16,882 Equity Shares [Previous Year 18,93,16,882] of ` 2/- ofwhich is the Company. [The Market Value of Shares held in Trusts is ` (Previo

n-trade Investments.

of Saket Project Limited was not available in any of the Stock Exchanges, Mar

equivalent to Face Value.


41/123

NCES

tment, Public Bodies & Others

ent & Public Bodies 660.00

6.50

rs, Sub-contractors & Others

ucted at Source [Net of Provision]

S

101.63

g off 101.63

eposits & Others


42/123

Funds, Quoted

,50,638/- (Previous Year ` 36,21,01,775/-)] quoted

ies taken, valued and certified by the Management)

ion Division

ENT


43/123

od exceeding six months 137.13

& Doubtful Debts 1.42

(1.42)

S

nks

edit Account 394.56

count with Banks & Others -

maturity of more than 12 months 12.97

184.28

Account 13.31

etention Account -

0.64

d (Foreign) Banks

ANCES

rs, Sub-contractors & Others


44/123

tment, Public Bodies & Others

& Public Bodies 34.89

1,460.00

74.99

Corporation Limited

ts & Others

Clinker Sales]

]


45/123

Receipts

[Net] - Other than Finance Costs

rite-off of Assets [Net]

tments

ear ` 57,75,00,000/-)]

of Exchange Traded Funds/Mutual Funds [Net]


46/123

ED

s etc.

ption

Run

FINISHED GOODS & WORK-IN-PROGRESS

ction Division

s

es in Closing Stocks


47/123

TION, REAL ESTATE,

R EXPENSES

penses

of Machinery

rges

hinery

harges

ption

ES

Funds


48/123

ntures

thers

[Net] - On Financing

ATION EXPENSE

During Construction Periodluation Reserve

luation Reserve

harges

Guarantee Commission

ance


49/123

[Net] - Other than Finance Costs

ENT

ing the year

sehold Land]

rogress


50/123

arges

s

struction of Properties Developed and under Development

-in-Progress

RING CONSTRUCTION PERIOD

ny

ey Expenses


51/123

nd Bank Guarantee Commission

/ Lease Rent

ance

ion Expenses


52/123

ring the year

included in Capital Work-in-Progress]


53/123

As At 31.03.2014(Rs. in Crores)

13,412.91

22,436.61

13,618.22

49,467.74


54/123

34,173.17

14,680.34

15,294.57

49,467.74 - (0.00)

-


55/123

--

-

-

-

-

-

As At 31.03.2014

`


56/123

loyees Stock Purchase Scheme 2002";

loyees Stock Purchase Scheme 2009";

oreign Currency Convertible Bonds;

ferential Basis and

l Placement as on 06.02.2013.

cash in terms of the Scheme of Amalgamation effective from 11.03.2004;

lgamation effective from 22.08.2006;

lgamation effective from 27.05.2009 and

rting period:

hare. Each holder of

end declared by the


57/123

receive equal amount

eferential payments.


58/123

As At 31.03.2014

Rupees in Crores

Non-current

2,118.34

13,817.78


59/123

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


60/123

1,361.95

29.74

1,332.21

140.06

225.00

754.54

2.70

375.00

1,497.29

150.00

5.0047.00

202.00


61/123

2,295.28

28,270.2324,343.3

3,926.92

1,406.50

3,701.78

2,443.85

2,443.85

3,937.31

1,226.03

165.00


62/123

248.00

1,275.00

12.75

75.00

475.00

7,414.09

11.00

47.50

58.50


63/123

2,762.76

3,226.47


64/123

305.89

58.46


65/123

11.31

6,364.89

6,364.89

2.04


66/123

2,216.59

2.60

603.99

167.00

(126.42)

9,230.69

aiprakash Associates Limited,us Year ` 12,39,07,89,926/-)]

et Value


67/123

460.00

666.50

490.00

360.00

5.50

280.00

2,262.00

2,850.00

-

0.55

2,850.55


68/123

30.81

4.00

34.81

545.79418.82

16.13

184.04

193.22

524.89

2.30

130.00

2,015.19

1,050.00

1,050.00


69/123

137.132,461.03

2,598.16

4.680.09

605.76

3.69

614.23

859.95

743.27


70/123

30.94

618.27

58.75

1,569.87

3,881.05

4,358.95

720.95

21.23

5,101.13


71/123


72/123


73/123


74/123


75/123


76/123

-


77/123


78/123


79/123


80/123


81/123


82/123


83/123

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


84/123

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 2,109.1TOTAL 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 7,735.5Other 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


85/123

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 56.9Add: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


86/123

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


87/123

Note 3

RESERVES AND SURPLUS

General Reserve


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 : Transfer to Surplus - Balance in Statement of Profit and Loss

Revaluation Reserve


Less:Depreciation and amortisation adjusted on Revalued Assets

Securities Premium Reserve


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

Less:Paid on Redemption

Capital Reserve [including Demerger Reserve] As per last Balance Sheet

Capital Redemption Reserve


Share Forfeited Reserve


Surplus - Balance in Statement of Profit and Loss


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


88/123

Tax on Proposed Final Equity Dividend


89/123

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 -


90/123

180.0 -

128,885.1 132,528.9


91/123

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 3

` m


92/123

14,763.4 35,232.9 11,780.5

41,266.0 185,909.1 49,924.1


93/123

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

-Mar-14

llion


94/123

31,735.8

196,224.0


95/123

Note 5


` 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


96/123

Note 6


` 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


(i) From Subsidiaries/Associates 8,982.9 2,969.6

(ii) From Others 2,233.5 908.0

Advance from Customers 19.3 17.0Other 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


97/123

Note 7


` 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


98/123

Note 8


` 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


99/123

Note 9


` million ` million

TRADE PAYABLES

Due to Micro, Small & Medium Enterprises - -

Others 24,030.2 21,162.5

24,030.2 21,162.5


100/123

Note 10


` 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


(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 1,051.666,115.9 73,177.2


101/123

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


102/123

As at 31-Mar-14

` million

38.9

1,007.2

-

-

1,046.1


103/123

Note 13

(A) INVESTMENTS IN

(a) IN EQUITY SHAR

1,783,000,600

(1,783,000,600)

995,000,000

(1,155,000,000)

(b) IN EQUITY SHAR

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

IN EQUITY SHARES -

280,966,752

(280,966,752)

543,160

(543,160)

98,901,000

(98,901,000)

(C) INVESTMENT IN

IN EQUITY SHARES -

30,000,000


104/123

(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 INVESTM

(a) IN EQUITY SHAR

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 SHAR

5

(5)

5

(5)

2,035,000

(2,035,000)

840,000

(840,000)

(E) PREFERENCE SINVESTMENT IN SU

2,500,000

(2,500,000)

29,364,000

(29,364,000)

24,040,000

(34,040,000)

1,500,000


105/123

(1,500,000)

100,000,000

(100,000,000)

12,500,000

(12,500,000)

4,350,000

(-)

(F)BULLION

(G)INTEREST IN BEN

(H) INVESTMENTS I


106/123

As at 31-Mar-13

` million

SUBSIDIARIES

S - 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

S - 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 Limitedof ` 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 CompanyLimited of ` 10/- each 1,000.0

OINT VENTURE SUBSIDIARIES

Unquoted, fully paid-up

Equity Shares of Bhilai Jaypee Cement Limited

of ` 10/- each 1,764.5

Equity Shares of Gujarat Jaypee Cement & Infrastrcture


Equity Shares of Bokaro Jaypee Cement Limited

of ` 10/- each 1,289.0

SSOCIATE COMPANIES

Unquoted, fully paid-up

Equity Shares of Madhya Pradesh Jaypee Minerals Limited


107/123


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 63.3Equity Shares of Indesign Enterprises Private Limited, Cyprus

Cyprus Pound 1/- each 2.0

Equity Shares of MP Jaypee Coal Fields Limited


Equity Shares of MP Jaypee Coal Limited


ENTS

S - Quoted, fully paid-up

Equity shares of Capital Trust Limited

of ` 10/- each 0.2Equity 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

S - 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 -

ARES - Unquoted, fully paid-upSIDIARIES

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


Jaypee Agra Vikas Limited of ` 100/- each 3,404.0



108/123

Himalyaputra Aviation Limited of ` 100/- each 150.0


Jaypee Cement Corporation Limited of ` 100/- each 10,000.0


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

EFICIARY TRUSTS

(i)JHL Trust 460.3

(ii)JCL Trust 3,310.5

(iii)GACL Trust 1,960.6

(iv)JEL Trust 308.5

BONDS

IFCI Tax Free Bond - 85,970.5


109/123

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


110/123

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


111/123

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


112/123

Note 14


` million ` million

LONG-TERM LOANS AND ADVANCES


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 1,184.6AdvanceTax and Income Tax Deducted at

Source [Net of Provision] 1763.3 2763.8

18,091.0 23,525.4


113/123

Note 15


` million ` million

OTHER NON-CURRENT ASSETS


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


114/123

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


115/123

As at 31-Mar-14

` million

248.5

40.0

288.5


116/123

Note 17


` 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 5.419,694.8 18,687.8


117/123

Note 18


` million ` million

PROJECTS UNDER DEVELOPMENT 10082.4 9353.3


118/123

Note 19


` million ` million


119/123

Note 9


` million ` million


120/123

Note 9


` million ` million


121/123

Note 9


` million ` million


122/123

Note 9


` million ` million


123/123

Note 9


` million ` million

jal balance sheet 31.03.14

Documents