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109
Notes
to Consolidated financial statements
(
`
cr)
NOTE 3 RESERVES AND SURPLUS
As at
March 31, 2013
As at
March 31, 2012
(a) Capital reserve
6.68
6.68
(b) Securities premium account
36.27
36.27
(c) Central and state subsidy reserve
6.63
6.63
Add: Received during the year
2.29
-
Balance as at the end of the year
8.92
6.63
(d) Revaluation reserve:
Balance as at the beginning of the year
114.27
116.33
/HVV 7UDQVIHUUHG WR 6WDWHPHQW RI 3URÀW DQG /RVV
2.65
2.06
Balance as at the end of the year
111.62
114.27
(e) Hedging reserve (see Note 27.4):
Balance as at the beginning of the year
(0.78)
(5.09)
$GG 7UDQVIHUUHG WR 6WDWHPHQW RI 3URÀW DQG /RVV
0.78
5.09
Less: Effect of foreign exchange rate variation on hedging instruments
Outstanding at the end of the year
(0.74)
0.78
Balance as at the end of the year
0.74
(0.78)
(f) General reserve:
Balance as at the beginning of the year
63.00
55.16
Add: Reversal of provision for diminution of investment in associate
0.07
-
Less: Investment in associate company now tranferred on becoming
subsidiary company
-
(0.97)
$GG 7UDQVIHUUHG IURP 6WDWHPHQW RI 3URÀW DQG /RVV
13.55
8.81
Balance as at the end of the year
76.62
63.00
J 6XUSOXV LQ 6WDWHPHQW RI 3URÀW DQG /RVV
Balance as at the beginning of the year
398.31
331.54
$GG 3URÀW IRU WKH \HDU
119.77
91.10
Amount available for appropriation
518.08
422.64
Less : Appropriations
General reserve
13.55
8.81
Proposed dividend on Equity Shares for the year
{at
`
6.00 per share (March 31, 2012
`
4.50 per share)}
17.80
13.35
Dividend distribution tax on proposed dividend
3.02
2.17
Balance as at the end of the year
483.71
398.31
724.56
624.38