Page 48 - GlaxoSmithKline Pharmaceuticals AR 2012

44
Previous year
Rupees
in lakhs
Rupees
in lakhs
12 NON-CURRENT INVESTMENTS
(VALUED AT COST UNLESS OTHERWISE STATED)
TRADE
IN EQUITY INSTRUMENTS
Unquoted
Biotech Consortium India Limited
50,000 Equity Shares of Rs. 10 each fully paid .. .. .. .. 5.00 5.00
Dinette Exclusive Club Private Limited
500 Equity Shares of Rs. 100 each fully paid .. .. .. .. 0.50 0.50
OTHER INVESTMENTS
Unquoted
National Savings Certificate .. .. .. .. .. .. .. 0.17 0.17
(Lodged with Government authorities)
IN DEBENTURES OR BONDS
Quoted
Housing Development Finance Corporation Limited
Nil, (Previous year : 350, 9.50% Non-Convertible Debentures, 2013 of
Rs. 10,00,000 each) .. .. .. .. .. .. .. — 34,90.90
LIC Housing Finance Limited
100, 9.35% Non-Convertible Debentures, 2014 of Rs. 10,00,000 each .. 10,00.54 10,00.80
Nil, (Previous year : 100, 9.70% Non-Convertible Debentures, 2013 of
Rs. 10,00,000 each) .. .. .. .. .. .. .. — 10,00.47
IN SUBSIDIARY COMPANY
Unquoted
Biddle Sawyer Limited
9,60,000 Equity Shares of Rs. 10 each fully paid .. .. .. .. 47,61.30 47,61.30
TOTAL .. 57,67.51 102,59.14
Aggregate of Unquoted Investments - At Book value .. .. .. .. 47,66.97 47,66.97
Aggregate of Quoted Investments - At Book value .. .. .. .. 10,00.54 54,92.17
- At Market value .. .. .. .. 10,00.60 54,96.80
There are no investments purchased and sold / redeemed during the year.
13 DEFERRED TAX ASSETS (NET)
Deferred tax assets and liabilities are attributable to the following items:
Assets
Provision for employee benefits .. .. .. .. .. .. .. 26,49.51 23,30.83
Costs of voluntary retirement schemes .. .. .. .. .. .. 22,52.68 2,53.04
Provision for doubtful debts, loans and advances .. .. .. .. .. 4,72.33 3,22.29
Provision for pricing of formulations .. .. .. .. .. .. 1,84.11 2,01.31
Interest on Income-tax refund not accounted but considered as taxable under the
Income-tax Act, 1961 .. .. .. .. .. .. .. .. 21,01.96 21,01.96
Expenses allowable for tax purposes when paid .. .. .. .. .. 13,14.82 15,33.09
TOTAL .. 89,75.41 67,42.52
Liabilities
Depreciation / Tangible assets held for sale .. .. .. .. .. 3,21.32 5,95.92
TOTAL .. 3,21.32 5,95.92
TOTAL .. 86,54.09 61,46.60
Notes to the Financial Statements for the year ended 31st December, 2012 — continued