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

About the Report

STANDALONE FINANCIAL STATEMENTS STANDALONE FINANCIAL STATEMENTS
STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED ON MARCH 31, 2020 STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED ON MARCH 31, 2020

A Equity Share Capital

(₹ in Crore)

Chairman’s Desk
March 31, 2020 March 31, 2019

From the
Balance at the beginning of the year 9,181.04 9,478.69
Changes in during the year

Shares bought back - (297.65)

Balance at the end of the year 9,181.04 9,181.04

About IndianOil
B Other Equity
(₹ in Crore)
Reserves and Surplus Reserves and Surplus Items of Other Comprehensive Income

Foreign Currency

Description of Capitals
Bond Capital Export Corporate Social Monetary Item Fair value Fair value
Retained Capital Insurance Cash Flow
Redemption Redemption Profit Responsibility Translation of Equity of Debt Total
Earnings Reserve Reserve Hedge Reserve
Reserve Reserve Reserve Reserve Difference Account Instruments Instruments
(FCMITDA)

Opening Balance as at April 01, 2018 78,998.89 2,952.48 - 183.08 223.48 53.72 - (45.77) 18,475.86 (149.41) - 1,00,692.33
Profit / (Loss) for the Year 16,894.15 - - - - - - - - - - 16,894.15
Other Comprehensive Income (41.90)* - - - - - - - (2,403.66) 105.46 15.68 (2,324.42)

Board of Directors, etc.

Total Comprehensive Income 16,852.25 - - - - - - - (2,403.66) 105.46 15.68 14,569.73

Transfer from Bond Redemption Reserve 430.46 (430.46) - - - - - - - - - -

Utilized for Issue of Bonus Shares/ Buy Back including
(4,442.80) - 297.65 - - - - - - - - (4,145.15)
expenses (net of tax)

Directors’ Report
Appropriation towards Interim Dividend (7,775.62) - - - - - - - - - - (7,775.62)
Appropriation towards Final Dividend (1,895.88) - - - - - - - - - - (1,895.88)
Appropriation towards Dividend Distribution Tax (1,985.29) - - - - - - - - - - (1,985.29)
Appropriation towards Insurance Reserve (Net) (17.61) - - - 17.61 - - - - - - -
Appropriation towards Bond Redemption Reserve (630.62) 630.62 - - - - - - - - - -

Discussion & Analysis

Management’s
Appropriation towards Corporate Social Responsibility
- - - - - - - - - - - -
Reserve (net)

Foreign Currency Exchange Gain/ (Loss) on Long Term

- - - - - - - (138.40) - - - (138.40)
Monetary Items
FCMITDA amortised during the year - - - - - - - 148.39 - - - 148.39

Responsibility Report
Transferred to Statement of Profit and Loss (recycling) - - - - - - - - - - 6.36 6.36

Business
Closing Balance as at March 31, 2019 79,533.78 3,152.64 297.65 183.08 241.09 53.72 - (35.78) 16,072.20 (43.95) 22.04 99,476.47

Corporate Governance
Report on
Financial Statements
Standalone
168 Financial Statements Financial Statements 169