Corporate Overview Statutory Reports Financial Statements

(Consolidated)

CONSOLIDATED BALANCE SHEET

(R in crores)

As at As at As at
Note
March 31, 2017 March 31, 2016 April 1,2015
I. ASSETS
1. NON-CURRENT ASSETS
(a) Property, plant and equipment 3 59,594.56 64,927.07 54,264.65
(b) Capital work-in-progress 10,186.83 6,550.97 8,852.69
(c) Goodwill 5 673.32 759.80 731.95
(d) Other intangible assets 6 35,676.20 41,544.89 33,908.19
(e) Intangible assets under development 23,512.01 19,367.97 19,155.46
(f ) Investment in equity accounted investees 7 4,606.01 3,763.95 3,173.66
(g) Financial assets:
(i) Other investments 8 690.76 770.03 768.85
(ii) Finance receivables 16 10,753.13 9,671.55 9,606.60
(iii) Loans and advances 10 753.66 503.88 496.71
(iv) Other financial assets 11 2,911.12 1,825.51 647.64
(h) Deferred tax assets (net) 20 4,457.34 3,957.03 4,049.41
(i) Non-current tax assets (net) 260.20 1,265.81 947.45
(j) Other non-current assets 18 2,847.36 2,309.02 1,983.60
156,922.50 157,217.48 138,586.86

2. CURRENT ASSETS
(a) Inventories 12 35,085.31 32,655.73 29,044.15
(b) Financial assets:
(i) Other investments 9 15,041.15 19,233.04 14,074.78
(ii) Trade receivables 13 14,075.55 13,570.91 12,972.80
(iii) Cash and cash equivalents 14 13,986.76 17,153.61 19,743.09
(iv) Bank balances other than (iii) above 15 22,091.12 13,306.79 10,668.84
(v) Finance receivables 16 6,810.12 6,079.92 4,959.45
(vi) Loans and advances 10 710.45 1,117.10 779.78
(vii) Other financial assets 11 1,555.94 835.73 1,689.80
(c) Current tax assets (net) 935.47 146.75 212.08
(d) Other current assets 19 6,539.99 5,824.09 5,412.09
116,831.86 109,923.67 99,556.86
TOTAL ASSETS 273,754.36 267,141.15 238,143.72

II. EQUITY AND LIABILITIES

EQUITY
(a) Equity share capital 21 679.22 679.18 643.78
(b) Other equity 22 57,382.67 78,273.23 54,628.80
Equity attributable to owners of Tata Motors Ltd 58,061.89 78,952.41 55,272.58
Non-controlling interests 453.17 432.84 429.75
58,515.06 79,385.25 55,702.33
LIABILITIES

1. NON-CURRENT LIABILITIES
(a) Financial liabilities:
(i) Borrowings 24 60,629.18 50,510.39 54,607.14
(ii) Other financial liabilities 26 11,409.58 7,943.74 7,994.85
(b) Provisions 28 9,004.46 7,891.01 6,938.27
(c) Deferred tax liabilities (net) 20 1,174.00 4,474.78 2,559.49
(d) Other non-current liabilities 29 17,392.56 9,886.55 10,948.00
99,609.78 80,706.47 83,047.75

2. CURRENT LIABILITIES
(a) Financial liabilities:
(i) Borrowings 25 13,859.94 11,450.78 13,154.68
(ii) Trade payables 57,698.33 57,580.46 52,094.70
(iii) Acceptances 4,834.24 3,981.33 4,076.75
(iv) Other financial liabilities 27 25,634.83 21,281.60 19,173.01
(b) Provisions 28 5,807.76 5,844.51 4,969.12
(c) Current tax liabilities (net) 1,392.58 723.53 820.13
(d) Other current liabilities 30 6,401.84 6,187.22 5,105.25
115,629.52 107,049.43 99,393.64
TOTAL EQUITY AND LIABILITIES 273,754.36 267,141.15 238,143.72

See accompanying notes to the consolidated financial statements

In terms of our report attached For and on behalf of the Board

N CHANDRASEKARAN [DIN: 00121863]
GUENTER BUTSCHEK [DIN: 07427375] R A MASHELKAR [DIN: 00074119]
For DELOITTE HASKINS & SELLS LLP CEO & Managing Director
Chairman
Chartered Accountants N MUNJEE [DIN:00010180]

R PISHARODY [DIN: 01875848]
V K JAIRATH [DIN: 00391684] Executive Director
S B BORWANKAR [DIN: 01793948]
B P SHROFF O P BHATT [DIN:00548091] Executive Director
Partner
R SPETH [DIN: 03318908] C RAMAKRISHNAN
Directors Group Chief Financial Officer

H K SETHNA [FCS: 3507]
Company Secretary

Mumbai, May 23, 2017 Mumbai, May 23, 2017

F-74 72nd Annual Report 2016-17