Balance Sheet of Tata Steel

------------------- in Rs. Cr. ------------------Mar '11

Mar '10
Mar '09
Mar '08

Mar '07

Sources Of Funds
Total Share Capital
Equity Share Capital
Share Application Money
Preference Share Capital
Reserves
Revaluation Reserves
Net worth
Secured Loans
Unsecured Loans
Total Debt
Total Liabilities

959.41
959.41
178.20
0.00
47,307.02
0.00
48,444.63
2,009.20
26,291.94
28,301.14
76,745.77

887.41
887.41
0.00
0.00
36,281.34
0.00
37,168.75
2,259.32
22,979.88
25,239.20
62,407.95

6,203.45
730.79
0.00
5,472.66
23,501.15
0.00
29,704.60
3,913.05
23,033.13
26,946.18
56,650.78

6,203.30
730.78
0.00
5,472.52
21,097.43
0.00
27,300.73
3,520.58
14,501.11
18,021.69
45,322.42

580.67
580.67
147.06
0.00
13,368.42
0.00
14,096.15
3,758.92
5,886.41
9,645.33
23,741.48

Application Of Funds
Gross Block
Less: Accum. Depreciation
Net Block
Capital Work in Progress
Investments
Inventories
Sundry Debtors
Cash and Bank Balance
Total Current Assets
Loans and Advances
Fixed Deposits
Total CA, Loans & Advances
Current Liabilities
Provisions
Total CL & Provisions
Net Current Assets
Miscellaneous Expenses
Total Assets

22,846.26
11,041.16
11,805.10
6,969.38
46,564.94
3,953.76
428.03
512.76
4,894.55
16,814.04
3,628.78
25,337.37
10,383.04
3,547.98
13,931.02
11,406.35
0.00
76,745.77

22,306.07
10,143.63
12,162.44
3,843.59
44,979.67
3,077.75
434.83
500.30
4,012.88
6,678.55
2,733.84
13,425.27
8,699.34
3,303.68
12,003.02
1,422.25
0.00
62,407.95

20,057.01
9,062.47
10,994.54
3,487.68
42,371.78
3,480.47
635.98
463.58
4,580.03
5,884.61
1,127.02
11,591.66
8,965.76
2,934.19
11,899.95
-308.29
105.07
56,650.78

16,479.59
8,223.48
8,256.11
4,367.45
4,103.19
2,604.98
543.48
465.00
3,613.46
34,582.84
0.04
38,196.34
6,842.26
2,913.52
9,755.78
28,440.56
155.11
45,322.42

16,029.49
7,486.37
8,543.12
2,497.44
6,106.18
2,332.98
631.63
446.51
3,411.12
4,025.95
7,234.84
14,671.91
6,349.24
1,930.46
8,279.70
6,392.21
202.53
23,741.48

Profit & Loss account of Tata Steel

Mar '11
Income
Sales Turnover
Excise Duty
Net Sales
Other Income
Stock Adjustments
Total Income
Expenditure
Raw Materials
Power & Fuel Cost
Employee Cost
Other Manufacturing Expenses
Selling and Admin Expenses
Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses
Operating Profit
PBDIT
Interest
PBDT
Depreciation
Other Written Off
Profit Before Tax
Extra-ordinary items
PBT (Post Extra-ord Items)
Tax
Reported Net Profit

------------------- in Rs. Cr. ------------------Mar '10

Mar '09
Mar '08

Mar '07

31,901.94
2,594.59
29,307.35
1,435.80
173.65
30,916.80

26,757.60
1,816.95
24,940.65
1,241.08
-134.97
26,046.76

26,843.53
2,495.21
24,348.32
603.07
289.27
25,240.66

22,191.43
2,537.02
19,654.41
586.41
38.73
20,279.55

19,756.84
2,304.18
17,452.66
362.12
82.47
17,897.25

9,395.92
1,558.49
2,618.27
2,905.16
501.96
1,529.73
-198.78
18,310.75
11,170.25
12,606.05
1,686.27
10,919.78
1,146.19
0.00
9,773.59
0.00
9,773.59
2,912.44
6,865.69

8,356.45
1,383.44
2,361.48
2,419.89
417.90
1,287.04
-326.11
15,900.09
8,905.59
10,146.67
1,848.19
8,298.48
1,083.18
0.00
7,215.30
0.00
7,215.30
2,168.50
5,046.80

8,568.71
1,222.48
2,305.81
2,127.48
400.24
1,180.08
-343.65
15,461.15
9,176.44
9,779.51
1,489.50
8,290.01
973.40
0.00
7,316.61
0.00
7,316.61
2,114.87
5,201.74

6,063.53
1,038.77
1,589.77
1,654.96
247.77
1,029.30
-175.50
11,448.60
8,244.54
8,830.95
929.03
7,901.92
834.61
0.00
7,067.31
0.00
7,067.31
2,380.28
4,687.03

5,762.42
1,027.84
1,454.83
1,561.40
244.92
805.99
-236.02
10,621.38
6,913.75
7,275.87
251.25
7,024.62
819.29
0.00
6,205.33
57.29
6,262.62
2,040.47
4,222.15

September 10, 2007 | The Economic Times

Tata-Corus merger will lead to $400 mn savings

The merger of Tata Steel with Corus will lead to a saving of $400 million to the company after three years, Tata Steel
managing director B Muthuraman said here on Friday.

"The Tata-Corus on-going merger will provide $130 million savings this year till March 2008. After three years, the
integration will lead to $400 million yearly savings to the company," Muthuraman told reporters at the 34th National
Management Convention (NMC).

He said the Corus group has developed a breakthrough technology to reduce cost of steel production and Tata Steel
was planning to adopt the technology in the near future.

"We are looking at alternative technologies to reduce the cost of steel production and it will take the next couple of
years for us to take up the new technology for steel production," Muthuraman said.

"We are witnessing about 14 per cent demand growth in the domestic steel sector every year. The company is also
preparing a vision document for 2015 which would be completed by December this year," he said on the sidelines of
a three-day management seminar, jointly organised by All India Management Association (AIMA) and Asian
Association of Management Organisation (AAMO)