146 Financial Statements | 100 Million & Counting

Standalone Balance Sheet

As at March 31, 2021
(Amount in crores of INR)

Particulars Note As at March 31, 2021 As at March 31, 2020

ASSETS
Non-current assets
(a) Property, plant and equipment 5 5,293.40 5,562.42
(b) Capital work-in-progress 6 177.86 160.25
(c) Right of use of assets 7A 404.75 414.57
(d) Other intangible assets 7 290.26 140.09
(e) Intangible assets under development 8 258.73 181.02
(f) Financial assets
(i) Investments 9 4,308.18 3,528.17
(ii) Loans 10 52.23 67.27
(g) Income tax assets (net) 12 368.19 310.13
(h) Other non-current assets 13 54.66 96.85
Total Non - Current Assets 11,208.26 10,460.77
Current assets
(a) Inventories 14 1,469.55 1,091.97
(b) Financial assets
(i) Investments 9 6,191.49 4,694.48
(ii) Trade receivables 15 2,426.76 1,603.14
(iii) Cash and cash equivalents 16 169.22 147.91
(iv) Bank balances other than (iii) above 17 87.93 93.95
(v) Loans 10 36.94 22.36
(vi) Others 11 357.53 354.61
(c) Other current assets 13 213.37 280.14
Total Current Assets 10,952.79 8,288.56
Total Assets 22,161.05 18,749.33
EQUITY AND LIABILITIES
Equity
(a) Equity Share capital 18 39.96 39.95
(b) Other equity 19 15,158.47 14,096.45
Total Equity 15,198.43 14,136.40
LIABILITIES
Non-current liabilities
(a) Financial liabilities
(i) Lease liability 7A 129.81 121.67
(ii) Other financial liabilities 146.04 -
(b) Provisions 20 172.46 122.37
(c) Deferred tax liabilities (net) 21 404.09 392.83
Total Non - Current Liabilities 852.40 636.87
Current liabilities
(a) Financial liabilities
(i) Lease liability 7A 19.70 28.29
(ii) Trade payables 22
Total outstanding dues of micro and small enterprises 15.71 8.33
Total outstanding dues of creditors other than micro and small enterprises 5,188.90 3,022.18
(iii) Other financial liabilities 23 159.53 252.44
(b) Other current liabilities 24 566.01 518.26
(c) Provisions 20 160.37 146.56
Total Current Liabilities 6,110.22 3,976.06
Total Equity and Liabilities 22,161.05 18,749.33
The notes referred to above form an integral part of the standalone financial statements 1-46

As per our report of even date attached

For B S R & Co. LLP For and on behalf of the Board of Directors of
Chartered Accountants Hero MotoCorp Limited
ICAI Firm’s registration number: 101248W/W-100022
Pawan Munjal M. Damodaran
Chairman, Managing Director & CEO Chairman Audit Committee
DIN-00004223 DIN-02106990

Manish Gupta Niranjan Kumar Gupta Pradeep Dinodia

Partner Chief Financial Officer Non-Executive Director
Membership No: 095037 DIN-00027995
UDIN: 21095037AAAABJ2949
Neerja Sharma
Company Secretary
Place : New Delhi Place : New Delhi
Date : May 06, 2021 Date : May 06, 2021