HERO Balance Sheet

	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18	Mar 17
EQUITY AND LIABILITIES
Share Capital	39.96	39.96	39.95	39.95	39.94	39.94
Face Value	2.00	2.00	2.00	2.00	2.00	2.00
Share Warrants & Outstandings	24.45	19.04	15.44	9.59	6.74	3.90
Total Reserves	15,782.24	15,357.42	14,350.89	13,070.87	11,924.78	10,271.67
Securities Premium	41.12	31.49	18.40	13.98	8.30	3.13
Profit & Loss Account Balance	13,060.05	12,648.70	11,652.06	10,385.31	9,247.01	7,597.60
General Reserves	2,676.34	2,676.34	2,676.34	2,676.34	2,676.34	2,676.34
Other Reserves	4.73	0.89	4.09	-4.76	-6.87	-5.40
Shareholder's Funds	15,846.65	15,416.42	14,406.28	13,120.41	11,971.46	10,315.51
Minority Interest	148.05	143.19	140.60	116.11	93.21	67.38
Secured Loans	0.00	0.12	0.24	0.33	10.21	68.03
Term Loans - Banks	0.00	0.12	0.24	0.33	10.21	68.03
Unsecured Loans	36.17	45.06	43.78	124.51	139.42	139.87
Loans - Banks	36.17	45.06	43.78	34.61	42.81	44.43
Loans - Others	0.00	0.00	0.00	89.90	96.61	95.44
Deferred Tax Assets / Liabilities	378.21	452.74	472.58	612.88	581.89	468.90
Deferred Tax Assets	244.30	208.90	158.19	99.48	84.60	72.95
Deferred Tax Liability	622.51	661.64	630.77	712.36	666.49	541.85
Other Long Term Liabilities	370.55	358.46	207.62	0.00	0.00	0.00
Long Term Provisions	1,017.73	1,099.88	1,222.85	1,720.18	1,570.17	1,157.86
Total Non-Current Liabilities	1,802.66	1,956.26	1,947.07	2,457.90	2,301.69	1,834.66
Current Liabilities
Trade Payables	4,343.09	5,264.18	3,127.62	3,438.24	3,375.26	3,266.20
Sundry Creditors	4,343.09	5,264.18	3,127.62	3,438.24	3,375.26	3,266.20
Other Current Liabilities	698.74	779.37	825.88	727.55	970.44	827.84
Advances received from customers	113.41	64.51	125.76	48.08	237.39	79.08
Other Liabilities	585.33	714.86	699.95	679.27	732.98	748.24
Short Term Borrowings	296.65	285.16	165.88	183.68	75.37	40.08
Other Unsecured Loans	296.53	285.16	165.88	183.68	75.37	40.08
Short Term Provisions	179.15	175.82	159.69	59.71	60.29	42.57
Provision for post retirement benefits	1.49	1.68	20.39	0.37	0.42	0.18
Other Provisions	177.66	174.14	139.30	59.34	59.87	42.39
Total Current Liabilities	5,517.63	6,504.53	4,279.07	4,409.18	4,481.36	4,176.69
Total Liabilities	23,314.99	24,020.40	20,773.02	20,103.60	18,847.72	16,394.24
ASSETS
Gross Block	15,199.96	14,824.01	14,288.61	12,020.04	11,478.10	10,597.49
Less: Accumulated Depreciation	9,006.42	8,443.62	7,815.68	7,067.68	6,517.14	5,998.64
Net Block	6,193.54	6,380.39	6,472.93	4,952.36	4,960.96	4,598.85
Capital Work in Progress	149.13	236.40	204.64	384.85	239.02	386.50
Non Current Investments	4,657.56	4,356.28	3,649.52	2,939.95	2,078.12	1,522.31
Long Term Investment	4,657.56	4,356.28	3,649.52	2,939.95	2,078.12	1,522.31
Quoted	989.37	614.50	207.82	258.27	272.72	274.61
Unquoted	3,668.19	3,741.78	3,441.70	2,681.68	1,805.40	1,397.79
Less: Prov for Diminution in Value of Invest.	0.00	0.00	0.00	0.00	0.00	150.09
Long Term Loans & Advances	1,364.54	1,411.91	1,604.98	2,943.07	2,204.02	1,873.23
Other Non Current Assets	9.91	6.21	5.06	282.19	246.91	248.38
Total Non-Current Assets	12,742.77	12,649.92	12,123.82	11,690.39	9,845.49	8,823.73
Current Assets  Loans & Advances
Currents Investments	5,870.31	6,225.34	4,709.12	3,173.88	5,591.12	4,544.06
Quoted	83.69	88.40	149.20	27.46	0.00	121.05
Unquoted	5,786.62	6,136.94	4,559.92	3,146.42	5,591.12	4,423.01
Inventories	1,472.41	1,789.27	1,282.32	1,249.53	962.68	708.58
Raw Materials	595.51	884.55	635.73	770.97	558.86	424.57
Work-in Progress	42.44	48.00	51.55	31.73	37.44	32.01
Finished Goods	695.31	706.44	471.14	317.62	252.87	148.18
Stores Â and Spare	103.77	99.42	98.34	104.62	89.46	82.93
Other Inventory	35.38	50.86	25.56	24.59	24.05	20.89
Sundry Debtors	2,158.49	2,274.68	1,511.91	2,745.11	1,426.97	1,551.75
Debtors more than Six months	101.09	91.25	81.97	40.74	12.52	5.77
Debtors Others	2,174.30	2,301.07	1,501.26	2,724.74	1,443.39	1,569.68
Cash and Bank	299.74	396.24	435.41	303.90	237.57	195.39
Balances at Bank	299.68	396.18	435.27	303.80	237.50	195.29
Other Current Assets	572.77	430.78	451.95	726.56	609.02	210.23
Interest accrued on Investments	35.79	4.13	0.85	0.28	0.41	0.22
Prepaid Expenses	71.05	47.73	66.69	52.76	45.88	47.55
Other current_assets	465.93	378.92	384.41	673.52	562.73	162.46
Short Term Loans and Advances	198.50	254.17	258.49	214.23	174.87	360.50
Advances recoverable in cash or in kind	138.46	104.90	87.74	136.70	35.92	91.71
Other Loans & Advances	60.04	149.27	170.75	77.53	138.95	268.79
Total Current Assets	10,572.22	11,370.48	8,649.20	8,413.21	9,002.23	7,570.51
Total Assets	23,314.99	24,020.40	20,773.02	20,103.60	18,847.72	16,394.24
Contingent Liabilities	123.65	87.75	75.66	121.84	104.32	104.14
Total Debt	353.48	342.03	212.17	311.50	227.89	260.61
Book Value	791.90	770.64	720.44	656.36	599.13	516.36
Adjusted Book Value	791.90	770.64	720.44	656.36	599.13	516.36