TECH MAHINDRA Balance Sheet

	Mar 23	Mar 22	Mar 21	Mar 20	Mar 19	Mar 18
EQUITY AND LIABILITIES
Share Capital	440.00	438.80	437.00	435.90	443.70	441.70
Share Warrants & Outstandings	1,614.50	1,639.20	1,701.10	1,656.80	1,638.70	1,645.10
Total Reserves	27,100.40	26,038.10	23,957.30	20,950.80	19,432.40	17,986.40
Securities Premium	1,428.90	1,284.00	1,057.00	920.80	761.10	2,378.90
Capital Reserves	19.70	19.70	19.70	19.70	19.70	19.70
Profit & Loss Account Balance	23,860.40	22,520.40	20,287.00	18,460.80	17,619.10	15,392.00
General Reserves	39.70	39.70	39.70	39.70	39.70	39.70
Other Reserves	1,751.70	2,174.30	2,553.90	1,509.80	992.80	156.10
Shareholder's Funds	29,154.90	28,116.10	26,095.40	23,043.50	21,514.80	20,073.20
Minority Interest	470.20	495.40	379.50	393.30	477.70	509.10
Secured Loans	0.50	0.50	0.50	5.60	25.30	564.20
Term Loans - Banks	0.50	0.50	0.50	5.60	1.10	393.50
Other Secured	0.00	0.00	0.00	0.00	24.20	170.70
Unsecured Loans	128.30	141.50	165.30	173.10	183.30	206.90
Loans - Banks	124.60	137.30	161.40	171.40	183.30	198.30
Loans - Others	3.70	4.20	3.90	1.70	0.00	8.60
Deferred Tax Assets / Liabilities	-970.40	-363.90	-837.20	-808.70	-608.00	-570.80
Deferred Tax Assets	1,419.80	1,030.70	1,070.70	844.30	720.10	613.80
Deferred Tax Liability	449.40	666.80	233.50	35.60	112.10	43.00
Other Long Term Liabilities	1,823.50	2,276.10	1,902.70	2,107.60	218.60	278.60
Long Term Trade Payables	0.00	0.00	0.00	0.00	114.80	327.60
Long Term Provisions	928.80	881.10	781.00	669.10	580.10	555.10
Total Non-Current Liabilities	1,910.70	2,935.30	2,012.30	2,146.70	514.10	1,361.60
Current Liabilities
Trade Payables	4,384.60	4,094.70	2,785.00	3,256.60	2,489.30	2,036.80
Sundry Creditors	4,384.60	4,094.70	2,785.00	3,256.60	2,489.30	2,036.80
Other Current Liabilities	5,407.60	5,346.30	4,351.10	3,962.70	5,233.10	3,584.10
Advances received from customers	1,125.90	1,068.00	673.60	627.90	613.00	575.50
Interest Accrued But Not Due	0.00	0.00	3.30	8.20	4.60	6.80
Current maturity - Others	0.00	0.00	0.00	0.00	29.90	133.10
Other Liabilities	4,281.70	4,278.30	3,674.20	3,326.60	4,585.60	2,868.70
Short Term Borrowings	1,357.00	1,348.10	1,496.00	2,249.50	1,196.10	954.90
Secured ST Loans repayable on Demands	27.00	22.80	150.10	535.90	387.90	167.50
Other Unsecured Loans	1,330.00	1,325.30	1,345.90	1,713.60	808.20	787.40
Short Term Provisions	2,171.80	1,715.70	1,645.40	1,456.90	1,412.70	1,340.90
Provision for Tax	1,540.50	1,044.10	1,114.30	1,020.50	1,017.50	937.90
Other Provisions	631.30	671.60	531.10	436.40	395.20	403.00
Total Current Liabilities	13,321.00	12,504.80	10,277.50	10,925.70	10,331.20	7,916.70
Total Liabilities	44,856.80	44,051.60	38,764.70	36,509.20	32,837.80	29,860.60
ASSETS
Gross Block	27,891.00	25,777.20	18,747.40	17,681.90	14,544.80	14,551.60
Less: Accumulated Depreciation	13,034.30	11,073.30	9,818.00	8,954.30	7,654.40	7,119.80
Net Block	14,856.70	14,703.90	8,929.40	8,727.60	6,890.40	7,431.80
Capital Work in Progress	83.60	165.10	118.30	50.10	276.30	239.90
Non Current Investments	604.90	447.90	575.70	236.00	752.00	1,245.80
Long Term Investment	604.90	447.90	575.70	236.00	752.00	1,245.80
Quoted	399.40	2.10	301.10	3.40	698.90	1,137.80
Unquoted	229.30	469.60	298.40	256.40	85.40	140.30
Less: Prov for Diminution in Value of Invest.	23.80	23.80	23.80	23.80	32.30	32.30
Long Term Loans & Advances	3,534.70	2,946.80	2,442.10	2,781.10	2,482.20	2,123.70
Other Non Current Assets	1,233.30	1,252.50	1,350.20	1,397.70	700.30	521.80
Total Non-Current Assets	20,424.10	19,595.90	13,504.80	13,336.90	11,272.00	11,753.60
Current Assets  Loans & Advances
Currents Investments	2,783.20	4,435.90	9,661.90	5,612.30	6,589.90	3,594.90
Quoted	122.30	774.60	174.80	1,009.70	1,430.50	0.00
Unquoted	2,660.90	3,661.30	9,487.10	4,602.60	5,159.40	3,594.90
Inventories	23.60	40.50	24.20	35.80	75.20	65.90
Other Inventory	23.60	40.50	24.20	35.80	75.20	65.90
Sundry Debtors	12,881.60	11,933.40	9,031.70	7,577.20	6,958.60	6,497.90
Debtors more than Six months	1,295.80	1,028.10	0.00	0.00	0.00	0.00
Debtors Others	12,295.60	11,577.90	9,723.40	8,303.60	7,650.30	7,011.50
Cash and Bank	4,254.70	3,974.50	2,835.20	3,148.30	2,358.70	3,044.30
Cash in hand	4.40	7.60	3.00	0.70	0.70	0.90
Balances at Bank	4,250.30	3,966.90	2,832.20	3,147.60	2,358.00	2,989.70
Other cash and bank balances	0.00	0.00	0.00	0.00	0.00	53.70
Other Current Assets	1,951.80	2,212.10	1,842.20	1,432.20	1,551.50	933.80
Interest accrued on Investments	0.00	0.00	40.20	15.70	53.10	31.90
Interest accrued on Debentures	0.00	0.00	10.70	60.80	38.20	1.00
Prepaid Expenses	1,069.30	1,175.40	780.80	640.70	404.90	420.80
Other current_assets	882.50	1,036.70	1,010.50	715.00	1,055.30	480.10
Short Term Loans and Advances	2,537.80	1,859.30	1,864.70	5,366.50	4,031.90	3,970.20
Advances recoverable in cash or in kind	2,051.30	1,499.00	1,594.80	4,905.10	3,430.10	2,579.40
Other Loans & Advances	486.50	360.30	269.90	461.40	601.80	1,390.80
Total Current Assets	24,432.70	24,455.70	25,259.90	23,172.30	21,565.80	18,107.00
Total Assets	44,856.80	44,051.60	38,764.70	36,509.20	32,837.80	29,860.60
Contingent Liabilities	9,976.80	9,852.40	10,412.40	11,185.20	10,604.80	10,902.00
Total Debt	1,578.20	1,581.70	1,692.80	2,470.70	1,995.50	2,396.60
Book Value	31.30	30.17	27.91	24.53	22.40	20.86
Adjusted Book Value	31.30	30.17	27.91	24.53	22.40	20.86