BALANCE SHEET OF TATA STEEL 

(in Rs. Cr.) MAR 22 MAR 21

  12 month 12 month
EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital 1,222.37 1,198.78
TOTAL SHARE CAPITAL 1,222.37 1,198.78
Reserves and Surplus 124,211.39 93,207.56
TOTAL RESERVES AND SURPLUS 124,211.39 93,207.56
TOTAL SHAREHOLDERS FUNDS 125,433.76 94,406.34
NON-CURRENT LIABILITIES
Long Term Borrowings 20,290.81 31,545.41
Deferred Tax Liabilities [Net] 8,087.57 8,517.78
Other Long-Term Liabilities 11,824.25 12,602.79
Long Term Provisions 2,685.00 2,572.23
TOTAL NON-CURRENT LIABILITIES 42,887.63 55,238.21
CURRENT LIABILITIES
Short Term Borrowings 11,984.66 984.68
Trade Payables 21,091.14 13,426.21
Other Current Liabilities 19,506.61 14,579.80
Short Term Provisions 1,082.42 1,076.91
TOTAL CURRENT LIABILITIES 53,664.83 30,067.60
TOTAL CAPITAL AND LIABILITIES 221,986.22 180,490.93
ASSETS
NON-CURRENT ASSETS
Tangible Assets 93,484.40 96,287.55
Intangible Assets 806.03 855.73
Capital Work-In-Progress 14,159.32 10,499.49
Other Assets 0.00 0.00
FIXED ASSETS 108,832.39 108,051.56
Non-Current Investments 43,401.43 29,087.33
Deferred Tax Assets [Net] 0.00 0.00
Long Term Loans and Advances 30,195.27 7,570.10
Other Non-Current Assets 8,267.56 6,507.54
TOTAL NON-CURRENT ASSETS 190,696.65 151,216.53
CURRENT ASSETS
Current Investments 96.11 7,096.80
Inventories 19,942.94 12,857.51
Trade Receivables 3,280.30 2,878.58
Cash And Cash Equivalents 2,855.29 2,396.90
Short Term Loans and Advances 2,368.01 1,564.37
Other Current Assets 2,746.92 2,480.24
TOTAL CURRENT ASSETS 31,289.57 29,274.40
TOTAL ASSETS 221,986.22 180,490.93
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
 Contingent Liabilities 37,797.38 33,426.07
CIF VALUE OF IMPORTS
Raw Materials 0.00 0.00
Stores, Spares and Loose Tools 29,071.56 13,408.18
Trade/Other Goods 29,071.56 13,408.18
Capital Goods 0.00 0.00
EXPENDITURE IN FOREIGN EXCHANGE
Expenditure In Foreign Currency 505.33 412.85
REMITTANCES IN FOREIGN CURRENCIES FOR
DIVIDENDS
Dividend Remittance in Foreign Currency -- --
EARNINGS IN FOREIGN EXCHANGE
FOB Value of Goods -- --
Other Earnings 17,187.78 13,241.53
BONUS DETAILS
Bonus Equity Share Capital 252.97 252.97
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value 1,182.53 537.85
Non-Current Investments Unquoted Book Value 13,051.52 352.37
CURRENT INVESTMENTS
Current Investments Quoted Market Value -- --
Current Investments Unquoted Book Value 96.11 7,096.80

Shareholder's Funds: -
Shareholders' funds refer to the amount of equity in a company, which belongs to the
shareholders. The amount of shareholders' funds yields an approximation of theoretically
how much the shareholders would receive if a business were to liquidate.
The amount of shareholders' funds can be calculated by subtracting the total amount of
liabilities on a company's balance sheet from the total amount of assets.

Non-Current Liabilities: -
Noncurrent liabilities, also known as long-term liabilities, are obligations listed on the
balance sheet not due for more than a year.
Examples of noncurrent liabilities include long-term loans and lease obligations, bonds
payable and deferred revenue.

Current Liabilities: -
Current liabilities are a company's short-term financial obligations that are due within one
year or within a normal operating cycle.
Examples of current liabilities include accounts payable, short-term debt, dividends, and
notes payable as well as income taxes owed.

Non-Current Assets: -
Noncurrent assets are a company's long-term investments that are not easily converted to
cash or are not expected to become cash within an accounting year.
Examples of noncurrent assets include investments, intellectual property, real estate, and
equipment.

Fixed Assets: -
Fixed assets are items that a company plans to use over the long term to help generate
income.
Fixed assets are most commonly referred to as property, plant, and equipment.

Current Assets: -
Current assets are all the assets of a company that are expected to be sold or used as a result
of standard business operations over the next year.

Bonus Equity Share capital: -

Bonus shares are additional shares given to the current shareholders without any additional
cost, based upon the number of shares that a shareholder owns. These are company's
accumulated earnings which are not given out in the form of dividends, but are converted
into free shares.

Cif Value of Imports: -

The cost, insurance and freight (CIF) price is the price of a good delivered at the frontier of
the importing country, or the price of a service delivered to a resident, before the payment of
any import duties or other taxes on imports or trade and transport margins within the
country.

Non-Current Investments: -
Non-current investments are investments which are held beyond the current period as to sale
or disposal. E.g., fixed deposit for 5 years.

Current Investment: -
Current investment is investment that are by their nature readily realizable and are intended
to be held for not more than one year from the date on which such investment is made. E.g.,
11-month commercial paper.

PROFIT & LOSS ACCOUNT OF TATA STEEL (in Rs. MAR 22 MAR 21

Cr.)
  12 Month 12 Month
INCOME
REVENUE FROM OPERATIONS [GROSS] 127,681.40 82,828.16
Less: Excise/Service Tax/Other Levies 0.00 0.00
REVENUE FROM OPERATIONS [NET] 127,681.40 82,828.16
TOTAL OPERATING REVENUES 129,021.35 84,132.92
Other Income 1,452.02 755.11
TOTAL REVENUE 130,473.37 84,888.03
EXPENSES
Cost Of Materials Consumed 35,256.98 20,757.04
Purchase Of Stock-In Trade 4,089.03 1,688.84
Operating And Direct Expenses 0.00 0.00
Changes In Inventories Of FG, WIP And Stock-In Trade -1,820.87 2,176.56
Employee Benefit Expenses 6,365.80 5,741.94
Finance Costs 2,792.08 4,541.02
Depreciation And Amortization Expenses 5,463.69 5,469.26
Other Expenses 36,458.65 27,966.07
TOTAL EXPENSES 86,147.27 67,019.49
PROFIT/LOSS BEFORE EXCEPTIONAL, 44,326.10 17,868.54
EXTRAORDINARY ITEMS AND TAX
Exceptional Items -235.45 741.30
PROFIT/LOSS BEFORE TAX 44,090.65 18,609.84
TAX EXPENSES-CONTINUED OPERATIONS
Current Tax 11,611.94 -1,329.78
Less: MAT Credit Entitlement 0.00 0.00
Deferred Tax -532.47 2,861.65
Tax For Earlier Years 0.00 0.00
TOTAL TAX EXPENSES 11,079.47 1,531.87
PROFIT/LOSS AFTER TAX AND BEFORE 33,011.18 17,077.97
EXTRAORDINARY ITEMS
PROFIT/LOSS FROM CONTINUING OPERATIONS 33,011.18 17,077.97
PROFIT/LOSS FOR THE PERIOD 33,011.18 17,077.97
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) 270.33 145.00
 Diluted EPS (Rs.) 270.13 144.99
VALUE OF IMPORTED AND INDIGENIOUS RAW
MATERIALS STORES, SPARES AND LOOSE TOOLS
Imported Raw Materials 0.00 0.00
Indigenous Raw Materials 0.00 0.00
STORES, SPARES AND LOOSE TOOLS
Imported Stores and Spares 0.00 0.00
Indigenous Stores and Spares 0.00 0.00
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend 3,007.08 1,145.92
Tax On Dividend 0.00 0.00
Equity Dividend Rate (%) 510.00 250.00

Total Operating Revenues: -

Operating revenue or total income is the total cash inflow from your primary income-
generating activity. Operating income is the income you have after subtracting the costs of
doing business.

Depreciation And Amortization Expenses: -

Amortization is the practice of spreading an intangible asset's cost over that asset's useful
life.
Depreciation is the expensing of a fixed asset over its useful life.

Exceptional Items: -
An exceptional item is a charge incurred by a company that must be noted separately in its
financial report in accordance with Generally Accepted Accounting Principles (GAAP)

Current tax: -
Current tax is the amount of income taxes payable/recoverable in respect of the current
profit/ loss for a period.

Deferred Tax: -
IAS 12 defines a deferred tax liability as being the amount of income tax payable in future
periods in respect of taxable temporary differences. So, in simple terms, deferred tax is tax that is
payable in the future.
Earnings Per Share: -
Earnings per share (EPS) is a company's net profit divided by the number of common shares it
has outstanding.
EPS indicates how much money a company makes for each share of its stock and is a widely
used metric for estimating corporate value.
Basic EPS: -
Basic EPS is calculated by dividing a company’s income or profit by a certain number of shares
outstanding.

Diluted EPS: -
Diluted EPS takes into account all potential dilution that would occur if convertible securities
were exercised or options were converted to stocks.

Financing costs: -
Financing costs are defined as the interest and other costs incurred by the Company while
borrowing funds. They are also known as “Finance Costs” or “borrowing costs.”

Profit/Loss from Continuing Operations: -

Income from continuing operations is a net income category found on the income statement that
accounts for a company’s regular business activities.