HERO Balance Sheet

	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
EQUITY AND LIABILITIES
Share Capital	39.97	39.96	39.96	39.95	39.95	39.94
Face Value	2.00	2.00	2.00	2.00	2.00	2.00
Share Warrants & Outstandings	35.63	24.45	19.04	15.44	9.59	6.74
Total Reserves	16,579.97	15,782.24	15,357.42	14,350.89	13,070.87	11,924.78
Securities Premium	49.22	41.12	31.49	18.40	13.98	8.30
Profit & Loss Account Balance	13,862.79	13,060.05	12,648.70	11,652.06	10,385.31	9,247.01
General Reserves	2,676.34	2,676.34	2,676.34	2,676.34	2,676.34	2,676.34
Other Reserves	-8.38	4.73	0.89	4.09	-4.76	-6.87
Shareholder's Funds	16,655.57	15,846.65	15,416.42	14,406.28	13,120.41	11,971.46
Minority Interest	125.06	148.05	143.19	140.60	116.11	93.21
Secured Loans	0.20	0.00	0.12	0.24	0.33	10.21
Term Loans - Banks	0.00	0.00	0.00	0.00	0.00	10.21
Unsecured Loans	19.89	36.17	45.06	43.78	124.51	139.42
Loans - Banks	19.89	36.17	45.06	43.78	34.61	42.81
Loans - Others	0.00	0.00	0.00	0.00	89.90	96.61
Deferred Tax Assets / Liabilities	485.79	378.21	452.74	472.58	612.88	581.89
Deferred Tax Assets	195.85	244.30	208.90	158.19	99.48	84.60
Deferred Tax Liability	681.64	622.51	661.64	630.77	712.36	666.49
Other Long Term Liabilities	415.96	370.55	358.46	207.62	0.00	0.00
Long Term Provisions	1,180.65	1,017.73	1,099.88	1,222.85	1,720.18	1,570.17
Total Non-Current Liabilities	2,102.49	1,802.66	1,956.26	1,947.07	2,457.90	2,301.69
Current Liabilities
Trade Payables	4,760.14	4,343.09	5,264.18	3,127.62	3,438.24	3,375.26
Sundry Creditors	4,760.14	4,343.09	5,264.18	3,127.62	3,438.24	3,375.26
Other Current Liabilities	793.25	698.74	779.37	825.88	727.55	970.44
Advances received from customers	79.25	113.41	64.51	125.76	48.08	237.39
Other Liabilities	714.00	585.33	714.86	699.95	679.27	732.98
Short Term Borrowings	266.55	296.65	285.16	165.88	183.68	75.37
Other Unsecured Loans	266.48	296.53	285.16	165.88	183.68	75.37
Short Term Provisions	192.68	179.15	175.82	159.69	59.71	60.29
Provision for post retirement benefits	0.00	0.00	1.68	0.00	0.00	0.00
Other Provisions	192.68	179.15	174.14	159.69	59.71	60.29
Total Current Liabilities	6,012.62	5,517.63	6,504.53	4,279.07	4,409.18	4,481.36
Total Liabilities	24,895.74	23,314.99	24,020.40	20,773.02	20,103.60	18,847.72
ASSETS
Gross Block	15,766.25	15,199.96	14,824.01	14,288.61	12,020.04	11,478.10
Less: Accumulated Depreciation	9,607.05	9,006.42	8,443.62	7,815.68	7,067.68	6,517.14
Net Block	6,159.20	6,193.54	6,380.39	6,472.93	4,952.36	4,960.96
Capital Work in Progress	122.09	149.13	236.40	204.64	384.85	239.02
Non Current Investments	7,219.08	4,657.56	4,356.28	3,649.52	2,939.95	2,078.12
Long Term Investment	7,219.08	4,657.56	4,356.28	3,649.52	2,939.95	2,078.12
Quoted	1,437.87	989.37	614.50	207.82	258.27	272.72
Unquoted	5,781.21	3,668.19	3,741.78	3,441.70	2,681.68	1,805.40
Long Term Loans & Advances	1,450.33	1,364.54	1,411.91	1,604.98	2,943.07	2,204.02
Other Non Current Assets	178.09	9.91	6.21	5.06	282.19	246.91
Total Non-Current Assets	15,460.41	12,742.77	12,649.92	12,123.82	11,690.39	9,845.49
Current Assets  Loans & Advances
Currents Investments	3,671.85	5,870.31	6,225.34	4,709.12	3,173.88	5,591.12
Quoted	110.22	83.69	88.40	149.20	27.46	0.00
Unquoted	3,561.63	5,786.62	6,136.94	4,559.92	3,146.42	5,591.12
Inventories	1,756.39	1,472.41	1,789.27	1,282.32	1,249.53	962.68
Raw Materials	717.55	595.51	884.55	635.73	770.97	558.86
Work-in Progress	40.09	42.44	48.00	51.55	31.73	37.44
Finished Goods	848.22	695.31	706.44	471.14	317.62	252.87
Stores Â and Spare	102.53	103.77	99.42	98.34	104.62	89.46
Other Inventory	48.00	35.38	50.86	25.56	24.59	24.05
Sundry Debtors	2,719.47	2,158.49	2,274.68	1,511.91	2,745.11	1,426.97
Debtors more than Six months	163.61	101.09	91.25	81.97	40.74	12.52
Debtors Others	2,677.33	2,174.30	2,301.07	1,501.26	2,724.74	1,443.39
Cash and Bank	422.80	299.74	396.24	435.41	303.90	237.57
Balances at Bank	422.71	299.68	396.18	435.27	303.80	237.50
Other Current Assets	628.44	572.77	430.78	451.95	726.56	609.02
Interest accrued on Investments	19.28	35.79	4.13	0.85	0.28	0.41
Prepaid Expenses	51.55	71.05	47.73	66.69	52.76	45.88
Other current_assets	557.61	465.93	378.92	384.41	673.52	562.73
Short Term Loans and Advances	236.38	198.50	254.17	258.49	214.23	174.87
Advances recoverable in cash or in kind	222.00	138.46	104.90	87.74	136.70	35.92
Other Loans & Advances	14.38	60.04	149.27	170.75	77.53	138.95
Total Current Assets	9,435.33	10,572.22	11,370.48	8,649.20	8,413.21	9,002.23
Total Assets	24,895.74	23,314.99	24,020.40	20,773.02	20,103.60	18,847.72
Contingent Liabilities	128.89	123.36	87.75	75.66	121.84	104.32
Total Debt	313.24	353.48	342.03	212.17	311.50	227.89
Book Value	831.62	791.90	770.64	720.44	656.36	599.13
Adjusted Book Value	831.62	791.90	770.64	720.44	656.36	599.13