Consolidated Assets Summary

Tata Motors Ltd.

Currency: Rs. Million (Non-Annualised)
Sales
Gross fixed assets
Cumulative depreciation
Arrears of depreciation
Net fixed assets
Intangible assets
Land
Buildings
Plant & machinery, computers and electrical assets
Transport & communication equipment and infrastructure
Furniture, social amenities and other fixed assets
Capital work-in-progress
Net lease reserve adjustment
Net pre-operative exp pending allocation
Investments
Investment in equity shares
Investment in preference shares
Investment in mutual funds
Investment in debt instruments
Investment in approved securites
Investment in assisted companies
Investment in others
Less: provn. for dimin. in value of investments
Market value of quoted investments
Deferred tax assets

Mar-06
12 mths
234,394.10
96,640.90
47,927.10
48,713.80
5,571.80
1,522.20
9,270.60
30,876.40
704
768.8
9,744.90
0.00
0
12,615.00
7,646.90
418.80
2,568.40
1,617.00

482.5
118.6
18,636.20
2,036.70

Current assets
Cash & bank balance
Inventories
Receivables
Assets held for sale and transfer

58,161.30
13,864.40
24,810.40
19,463.80
22.70

Loans & advances

Miscellaneous expenses not written off

52,429.90
139.1

Total assets

183,840.70

Mar-07
12 mths
Common Size
100 310,007.10
41.23 106,424.60
20.45 52,761.50
0.00
20.78 53,663.10
2.38
5,770.20
0.65
2,319.40
3.96
9,707.80
13.17 34,248.80
0.30
858
0.33
758.9
0.00
4.16 25,816.50
0.00
0.00
0.00
0.00
0.00
0
0.00
5.38 11,745.90
3.26
7,782.50
0.18
410
1.10
1,327.80
0.69
1,588.80
0.00
0.00
0.21
769.1
0.05
132.3
0.00
7.95 17,261.10
0.00
0.87
2,621.80
0.00
24.81 70,017.60
5.91 11,542.70
10.58 31,669.00
8.30 26,713.60
0.01
92.30
0.00
22.37 92,853.90
0.06
119.3
0.00
78.43 256,838.10

Mar-08
12 mths
Common Size
100
34.33
17.02
0.00
17.31
1.86
0.75
3.13
11.05
0.28
0.24
0.00
8.33
0.00
0.00
0.00
0.00
0.00
3.79
2.51
0.13
0.43
0.51
0.00
0.00
0.25
0.04
0.00
5.57
0.00
0.85
0.00
22.59
3.72
10.22
8.62
0.03
0.00
29.95
0.04
0.00
82.85

324,347.80
133,877.60
59,156.10
74,721.50
9,464.00
4,318.40
11,949.50
47,319.50
666.2
1,003.90
59,482.80
0.00
0
26,658.30
10,788.30
2,805.00
9,667.50
625.6

2,872.10
100.2
37,307.00
5,306.80
101,240.90
38,331.70
32,946.40
29,871.10
91.70
91,289.00
69.3
358,768.60

Mar-09
12 mths
Common Size
100
41.28
18.24
0.00
23.04
2.92
1.33
3.68
14.59
0.21
0.31
0.00
18.34
0.00
0.00
0.00
0.00
0.00
8.22
3.33
0.86
2.98
0.19
0.00
0.00
0.89
0.03
0.00
11.50
0.00
1.64
0.00
31.21
11.82
10.16
9.21
0.03
0.00
28.15
0.02
0.00
110.61

285,132.80
620,273.60
331,154.60
289,119.00
91,364.70
14,453.70
38,233.30
141,001.10
730.10
3,336.10
105,330.00
0.00
0
12,574.00
8,261.20
2,805.00
765.7
256.9

567.1
81.9
6,290.00
16,051.00
231,890.90
41,213.40
109,506.00
81,100.70
70.80
101,404.40
860.8
757,230.10

Mar-10
12 mths
Common Size
100
217.54
116.14
0.00
101.40
32.04
5.07
13.41
49.45
0.26
1.17
0.00
36.94
0.00
0.00
0.00
0.00
0.00
4.41
2.90
0.98
0.27
0.09
0.00
0.00
0.20
0.03
0.00
2.21
0.00
5.63
0.00
81.33
14.45
38.41
28.44
0.02
0.00
35.56
0.30
0.00
265.57

381,618.70
680,357.30
341,799.10
338,558.20
133,100.60
17,489.40
37,438.90
146,834.40
653.90
3,041.00
80,680.20
0.00
0
22,191.20
10,975.90
360.00
10,646.20
239.1

53.3
83.3
14,254.70
13,076.60
299,631.70
87,433.20
113,120.30
99,024.60
53.60
125,718.30

879,856.20

Common Size
100
178.28
89.57
0.00
88.72
34.88
4.58
9.81
38.48
0.17
0.80
0.00
21.14
0.00
0.00
0.00
0.00
0.00
5.82
2.88
0.09
2.79
0.06
0.00
0.00
0.01
0.02
0.00
3.74
0.00
3.43
0.00
78.52
22.91
29.64
25.95
0.01
0.00
32.94
0.00
0.00
230.56

Mar-11
12 mths
519,533.70
747,503.90
394,081.60
353,422.30
125,868.30
17,724.60
38,043.30
168,721.50
1,334.20
1,730.40
117,288.60
0.00
0
25,442.60
13,773.70
360
11,226.70
155

8.10
80.9
14,872.30
27,596.40
349,948.20
109,479.30
140,705.10
99,695.60
68.20
160,469.20

1,034,167.30

Common Size
100
143.880
75.853
0.000
68.027
24.227
3.412
7.323
32.476
0.257
0.333
0.000
22.576
0.000
0.000
0.000
0.000
0.000
4.897
2.651
0.069
2.161
0.030
0.000
0.000
0.002
0.016
0.000
2.863
0.000
5.312
0.000
67.358
21.073
27.083
19.189
0.013
0.000
30.887
0.000
0.000
199.057

Average
100
109.4227
56.2107
0
53.21197
16.38403
2.632118
6.885476
26.53551
0.244454
0.530377
0
18.5804
0
0
0
0
0
5.418669
2.920603
0.387187
1.620646
0.262972
0
0
0.258976
0.031715
0
5.637478
0
2.953079
0
50.96907
13.31572
21.01478
16.61862
0.019956
0
29.97673
0.070181
0
161.1801

Projected Figures
613432.143
671233.794
344814.485
0.000
326419.310
100504.931
16146.255
42237.722
162777.337
1499.561
3253.503
0.000
113978.146
0.000
0.000
0.000
0.000
0.000
33239.859
17915.915
2375.128
9941.566
1613.157
0.000
0.000
1588.643
194.551
0.000
34582.099
0.000
18115.134
0.000
312660.649
81682.890
128911.407
101943.939
122.414
0.000
183886.886
430.515
0.000
988730.499

Consolidated Liabilities Summary

Tata Motors Ltd.
Currency: Rs. Million (Non-Annualised)
Sales
Shareholder's funds
Share capital
Paid up equity capital
Forfeited equity capital
Paid up preference capital
Capital contribution, suspense & appln. money
Convertible warrants

Mar-06
12 mths
243,759.50
60,911.70
3,828.20
0.5

Minority interest reserves

Reserves and funds
Free reserves
Specific reserves
Revaluation reserves
Accumulated losses

1,739.30
57,486.00
30,331.70
26,890.40
263.9

Borrowings
Bank borrowings
Short term bank borrowings
Long term bank borrowings
Secured financial institutions borrowings
Central & state govt. (usually sales tax deferrals)
Debentures and bonds
Convertible debentures
Non-convertible
Fixed deposits
Foreign borrowings
External commercial borrowings
Of which : euro convertible bonds
Foreign suppliers' credit
Borrowings from corporate bodies
Group and associate cos.
Borrowings from promoters and directors
Commercial paper
Hire purchase loans
Interest accrued and due
Deferred credit
Other borrowings

33,791.40
6,685.40
6,685.40

Deferred tax liability

Current liabilities & provisions
Sundry creditors

261
755
755
24,993.50
19,046.20

42.5

869.8
184.2
8,804.60
78,190.70
30,602.10

Mar-07
12 mths
Common Size
100 310,007.10
24.99 76,837.90
0.00
1.57
3,853.60
0.00
0.5
0.00
0.00
0.00
0.00
0.71
2,499.60
23.58 73,362.60
12.44 44,087.80
11.03 29,015.30
0.11
259.5
0.00
0.00
13.86 73,019.00
2.74 32,925.40
2.74 32,925.40
0.00
0.11 15,250.00
0.00
0.31
755
0.00
0.31
755
0.00
10.25 21,853.20
7.81 21,853.20
0.00
0.00
0.02
42.5
0.00
0.00
0.00
1,400.00
0.00
0.00
0.36
732.8
0.08
60.1
0.00
3.61 10,794.50
0.00
32.08 93,308.30
12.55 48,723.30

Acceptances
Deposits & advances from customers,etc.
Interest accrued but not due
Share application money and advances oversubscribed and refundable amount
Other current liabilities
Provisions
Total liabilities
Contingent liabilities
Memorandum
Authorised equity capital
Issued equity capital

29,502.30
4,025.30
193.6

113.30
13,754.10
183,840.70
29,717.70

4,100.00
3,828.30

12.10 24,461.10
1.65
3,441.70
0.08
268.9
0.00
0.00
0.05
108.90
5.64 16,304.40
0.00
75.42 256,838.10
0.00
12.19 59,491.40
0.00
0.00
1.68
4,500.00
1.57
3,853.70

Mar-08
12 mths

Mar-09
12 mths

Mar-10
12 mths

Common Size
Common Size
Common Size
Common Size
100 324,347.80
100 285,132.80
100 381,618.70
100
24.79 86,650.80
26.72 57,438.10
20.14 82,119.00
21.52
0.00
0.00
0.00
0.00
1.24
3,854.90
1.19
5,140.00
1.80
5,705.50
1.50
0.00
0.5
0.00
0.5
0.00
0.5
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.81
4,683.10
1.44
4,030.30
1.41
2,135.10
0.56
23.66 83,119.80
25.63 54,265.90
19.03 78,270.30
20.51
14.22 58,509.50
18.04 40,751.80
14.29 45,829.10
12.01
9.36 24,355.20
7.51 27,943.20
9.80 40,762.40
10.68
0.08
255.1
0.08
1,107.50
0.39
1,857.30
0.49
0.00
0.00 15,536.60
5.45 10,178.50
2.67
0.00
0.00
0.00
0.00
23.55 115,848.70
35.72 349,738.50
122.66 351,923.60
92.22
10.62 51,307.20
15.82 249,591.70
87.54 146,280.00
38.33
10.62 51,307.20
15.82 239,676.70
84.06 134,757.30
35.31
0.00
0.00
9,915.00
3.48 11,522.70
3.02
4.92 15,850.00
4.89 15,765.00
5.53 18,957.40
4.97
0.00
0.00
0.00
0.00
0.24
7,877.00
2.43
9,172.00
3.22 54,172.00
14.20
0.00
0.00
0.00
0.00
0.24
7,877.00
2.43
9,172.00
3.22 54,172.00
14.20
0.00
0.00 12,324.70
4.32 31,734.50
8.32
7.05 38,621.70
11.91 45,223.90
15.86 64,626.50
16.93
7.05 36,610.30
11.29 45,223.90
15.86 64,626.50
16.93
0.00 36,610.30
11.29 45,223.90
15.86 41,618.60
10.91
0.00
0.00
0.00
0.00
0.01
512.3
0.16
2,090.00
0.73
940
0.25
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.45
1,196.00
0.37 15,485.50
5.43 29,250.00
7.66
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.24
484.5
0.15
85.7
0.03
0.00
0.02
0
0.00
0
0.00
5,963.20
1.56
0.00
0.00
0.00
0.00
3.48 15,051.30
4.64 22,853.10
8.01 24,612.90
6.45
0.00
0.00
0.00
0.00
30.10 136,210.30
42.00 321,201.80
112.65 417,208.30
109.33
15.72 67,815.50
20.91 185,190.20
64.95 221,875.40
58.14

7.89 41,315.10
1.11
3,341.90
0.09
371.3
0.00
0.00
0.04
112.80
5.26 23,253.70
0.00
82.85 358,768.60
0.00
19.19 85,609.60
0.00
0.00
1.45
4,500.00
1.24
3,855.00

12.74 42,395.50
1.03
3,407.30
0.11
894.1
0.00
0.00
0.03
7,914.50
7.17 81,400.20
0.00
110.61 757,230.10
0.00
26.39 107,660.00
0.00
0.00
1.39
9,000.00
1.19
5,140.10

14.87 71,842.90
1.19 17,765.80
0.31
2,327.20
0.00
0.00
2.78 26,962.00
28.55 76,435.00
0.00
265.57 879,856.20
0.00
37.76 91,953.70
0.00
0.00
3.16
9,000.00
1.80
5,705.60

18.83
4.66
0.61
0.00
0.00
7.07
20.03
0.00
230.56
0.00
24.10
0.00
0.00
2.36
1.50

Mar-11
12 mths
519,533.70
190,268.40
6,346.00
0.5
30.6

2,466.00
185,337.60
112,788.80
71,102.50
1,446.30

327,914.10
123,214.80
110,439.00
12,775.80
31,169.70
62,749.50
62,749.50
32,923.50
50,523.20
50,523.20
26,366.00
570

24,320.30

2,443.10
42,234.30
469,838.20
266,847.80

Common Size
100
36.62
0.00
1.22
0.00
0.00
0.01
0.00
0.00
0.47
35.67
21.71
13.69
0.28
0.00
0.00
63.12
23.72
21.26
2.46
6.00
0.00
12.08
0.00
12.08
6.34
9.72
9.72
5.07
0.00
0.11
0.00
0.00
4.68
0.00
0.00
0.00
0.47
0.00
8.13
0.00
90.43
51.36

Average
100
25.796
0.000
1.420
0.000
0.000
0.001
0.000
0.000
0.902
24.682
15.452
10.345
0.237
1.353
0.000
58.521
29.794
28.302
1.493
4.402
0.000
5.412
0.000
5.412
3.163
11.955
11.445
7.188
0.000
0.213
0.000
0.000
3.100
0.000
0.000
0.129
0.355
0.000
5.721
0.000
69.430
37.272

Projected Figures
613432.1428
158240.48
0.00
8712.05
0.94
0.00
6.02
0.00
0.00
5532.45
151405.64
94790.53
63456.90
1455.99
8297.78
0.00
358988.43
182767.17
173610.83
9156.34
27000.45
0.00
33198.90
0.00
33198.90
19400.13
73336.12
70207.65
44094.27
0.00
1306.73
0.00
0.00
19013.55
0.00
0.00
789.94
2175.44
0.00
35096.78
0.00
425907.30
228638.03

53,890.30
19,672.00
5,081.70

25,654.70
98,691.70
1,034,167.30
119,120.90

9,000.00
6,346.10

10.37
3.79
0.98
0.00
0.00
4.94
19.00
0.00
199.06
0.00
22.93
0.00
0.00
1.73
1.22

12.800
2.238
0.364
0.000
0.000
2.483
14.274
0.000
160.678
0.000
23.760
0.000
0.000
1.961
1.420

78518.06
13729.35
2231.01
0.00
0.00
15228.76
87562.08
0.00
985649.62
0.00
145749.53
0.00
0.00
12031.54
8712.24

Tata Motors Ltd.

Currency: Rs. Million (Non-Annualised)
Total income
Sales
Industrial sales
Income from non-financial services
Income from financial services
Interest income
Dividends
Income from treasury operations
Other income
Prior period and extra-ordinary income
Change in stock

Mar-06
12 mths

Total expenses
Operating expenses
Raw materials, stores & spares
Purchase of finished goods
Packaging and packing expenses
Power, fuel & water charges
Compensation to employees
Indirect taxes
Royalties, technical know-how fees, etc.
Rent & lease rent
Repairs & maintenance
Insurance premium paid
Outsourced manufacturing jobs
Outsourced professional jobs
Directors' fees
Selling & distribution expenses
Travel expenses
Communications expenses
Printing & stationery expenses
Miscellaneous expenditure
Other operational exp. of industrial ent
Other operational exp. of non-fin. services ent
Share of loss in other enterprises
Financial charges
Fee based financial services expenses
Fund based financial services expenses
Interest paid
Financial charges on instruments
Total provisions

231,039.80
219,343.90
136,342.80
9,987.40

Non-cash charges
Depreciation

Mar-07
12 mths
Common Size

243,759.50
234,394.10
224,967.10
9,427.00
8,001.20
3,723.90
1,114.60
1,873.10
1,232.20
132.00
2,569.10

2,585.10
11,471.70
34,137.10
234.2
732.80
281.5
6,257.00
31.50
8,333.20

8,949.60

3,634.60
3,634.60
1,285.00
615.1
2,191.50
5,226.80

100.00
95.98
4.02
3.41
1.59
0.48
0.80
0.53
0.06
1.10
0.00
98.57
93.58
58.17
4.26
0.00
1.10
4.89
14.56
0.00
0.10
0.31
0.12
2.67
0.01
0.00
3.56
0.00
0.00
0.00
3.82
0.00
0.00
0.00
1.55
0.00
1.55
0.55
0.00
0.26
0.00
0.93
2.23

321,891.00
310,007.10
297,806.10
12,201.00
9,801.20
4,869.40
2,097.10
1,646.80
1,444.80
637.90
3,496.80
306,253.20
293,541.30
184,203.60
14,592.00
3,274.10
13,680.90
44,579.50
199.6
726.50
305.6
8,237.90
42.70
11,535.80

12,163.10

4,352.40
4,352.40
1,928.70
1,657.40
104.9
5,749.20

Amortisation
Prior period and extra-ordinary expenses
Provision for direct tax

5.4
5,249.30

Profit after tax

15,288.80

PBDITA
PBDTA
PBT

28,699.80
25,764.90
20,538.10

0.00
0.00
2.24
0.00
6.52
0.00
12.24
10.99
8.76

6,597.20
19,134.60
35,166.10
31,481.00
25,731.80

Mar-08
12 mths
Common Size
100.00
96.06
3.94
3.16
1.57
0.68
0.53
0.47
0.21
1.13
0.00
98.79
94.69
59.42
4.71
0.00
1.06
4.41
14.38
0.00
0.06
0.23
0.10
2.66
0.01
0.00
3.72
0.00
0.00
0.00
3.92
0.00
0.00
0.00
1.40
0.00
1.40
0.62
0.00
0.53
0.00
0.03
1.85

Mar-09
12 mths
Common Size

338,855.70
324,347.80
307,065.70
17,282.10
12,418.90
4,496.80
2,516.30
4,793.30
1,580.90
508.10
-404.80
318,161.70
306,599.40
190,574.80
15,981.10
3,251.90
15,445.70
43,636.80
418.7
793.90
464.8
8,514.30
97.30
12,381.50

15,038.60

4,760.50
4,760.50
1,756.20
3,628.60
-2,302.30
6,444.00

100.00
94.67
5.33
3.83
1.39
0.78
1.48
0.49
0.16
-0.12
0.00
98.09
94.53
58.76
4.93
0.00
1.00
4.76
13.45
0.00
0.13
0.24
0.14
2.63
0.03
0.00
3.82
0.00
0.00
0.00
4.64
0.00
0.00
0.00
1.47
0.00
1.47
0.54
0.00
1.12
0.00
-0.71
1.99

Mar-10
12 mths
Common Size

301,757.40
285,132.80
264,795.30
20,337.50
13,970.30
4,416.50
4,054.50
5,205.20
1,858.40
795.90
-2,380.40
289,211.50
273,396.00
165,901.10
21,803.20
3,049.40
15,513.90
28,937.50
467.3
872.10
441.4
8,106.00
75.70
12,753.20

15,475.20

14,052.10
14,052.10
4,944.40
2,282.10
-643.7
8,705.70

100.00
92.87
7.13
4.90
1.55
1.42
1.83
0.65
0.28
-0.83
0.00
101.43
95.88
58.18
7.65
0.00
1.07
5.44
10.15
0.00
0.16
0.31
0.15
2.84
0.03
0.00
4.47
0.00
0.00
0.00
5.43
0.00
0.00
0.00
4.93
0.00
4.93
1.73
0.00
0.80
0.00
-0.23
3.05

Common Size
403,903.10
381,618.70
356,859.00
24,759.70
22,216.00
3,505.30
517.40
18,017.10
68.40
6,066.30
387,568.60
354,033.10
208,445.10
45,132.30
3,626.20
18,361.30
28,122.10
459.7
1,328.30
447.6
12,129.00
94.40
17,272.70

18,614.40

21,970.50
21,970.50
7,562.60
2,927.50
2,742.90
10,099.10

100.00
93.51
6.49
5.82
0.92
0.14
4.72
0.00
0.02
1.59
0.00
101.56
92.77
54.62
11.83
0.00
0.95
4.81
7.37
0.00
0.12
0.35
0.12
3.18
0.02
0.00
4.53
0.00
0.00
0.00
4.88
0.00
0.00
0.00
5.76
0.00
5.76
1.98
0.00
0.77
0.00
0.72
2.65

0.00
0.00
2.13
0.00
6.17
0.00
11.34
10.15
8.30

5,475.50
20,289.20
36,464.80
32,208.70
25,764.70

0.00
0.00
1.69
0.00
6.26
0.00
11.24
9.93
7.94

125
10,165.50
27,105.20
18,996.20
10,290.50

0.00
0.00
0.04
0.00
3.57
0.00
9.51
6.66
3.61

5,894.60
22,400.80
50,856.80
38,394.50
28,295.40

0.00
0.00
1.54
0.00
5.87
0.00
13.33
10.06
7.41

Mar-11
12 mths
Common Size
525,649.90
519,533.70
488,969.50
30,564.20
6,079.00
3,446.50
1,809.80
666.60
37.20
3,542.20
511,073.90
485,780.90
276,839.20
73,631.30
4,712.80
22,940.20
41,385.10
525.2
1,282.50
551.1
16,760.70
88.60
23,952.80

23,111.40

15,368.70
15,368.70
9,169.50
1,840.80
4,236.50
13,466.40

100
94.12
5.88
1.17
0.66
0.35
0.13
0.00
0.01
0.68
0.00
98.37
93.50
53.29
14.17
0.00
0.91
4.42
7.97
0.00
0.10
0.25
0.11
3.23
0.02
0.00
4.61
0.00
0.00
0.00
4.45
0.00
0.00
0.00
2.96
0.00
2.96
1.76
0.00
0.35
0.00
0.82
2.59

Average
100.00
94.54
5.46
3.72
1.28
0.64
1.58
0.36
0.12
0.59
0.00
99.47
94.16
57.07
7.92
0.00
1.01
4.79
11.31
0.00
0.11
0.28
0.12
2.87
0.02
0.00
4.12
0.00
0.00
0.00
4.52
0.00
0.00
0.00
3.01
0.00
3.01
1.20
0.00
0.64
0.00
0.26
2.39

Projected Figures
613432.1428
579908.5284
33523.61438
22794.3592
7848.589342
3919.520067
9695.539005
2178.629845
739.1394462
3614.973893
0
610172.8053
577601.6406
350100.9025
48605.17476
0
6224.723969
29380.60404
69401.25329
0
694.0293425
1730.427509
756.7186731
17584.14301
128.3616624
0
25256.05884
0
0
0
27739.24297
0
0
0
18470.38261
0
18470.38261
7353.577508
0
3923.512148
0
1602.509364
14684.36369

3,847.00
18,118.20
49,268.60
35,431.60
21,965.20

0.00
0.00
0.74
0.00
3.49
0.00
9.48
6.82
4.23

0.00
0.00
1.40
0.00
5.31
0.00
11.19
9.10
6.71

0
2.35538748
8572.405246
0
32586.43987
0
68649.59535
55843.2088
41158.84512