Hero - Annual Report 2016

Balance Sheet
AS AT MARCH 31, 2016

(` in crores)

	Particulars	Note No.	As at March 31, 2016	As at March 31, 2015
1	Equity and Liabilities
	1 Shareholders' funds
	(a) Share capital	3	39.94	39.94
	(b) Reserves and surplus	4	7,904.81	6,501.39
	2 Non - current liabilities
	(a) Long term liabilities	5	34.89	31.33
	(b) Deferred tax liabilities (Net)	6	227.79	-
	(c) Long - term provisions	7	84.44	65.62

	3 Current liabilities
	(a) Trade payables	8
	(i) Total outstandings dues of micro enterprises and small enterprises		-	-
	(ii) Total outstandings dues of creditors other than micro enterprises and small enterprises		2,766.88	2,700.03
	(b) Other current liabilities	9	483.19	449.33
	(c) Short - term provisions	10	798.75	734.06
	Total		12,340.69	10,521.70
II	Assets
	1 Non - current assets
	(a) Fixed assets	11
	(i) Tangible assets		3,717.85	2,818.29
	(ii) Intangible asset		118.89	94.40
	(iii) Capital work-in-progress		288.34	309.78
	(iv) Intangible assets under development		317.06	402.77
	(b) Non- current investments	12	1,019.36	863.78
	(c) Deferred tax assets (Net)	6	-	73.54
	(d) Long - term loans and advances	13	870.42	616.82
	(e) Other non- current assets	14	73.68	60.19
	2 Current assets
	(a) Current investments	12	3,247.01	2,290.33
	(b) Inventories	15	672.98	815.49
	(c) Trade receivables	16	1,282.80	1,389.59
	(d) Cash and cash equivalents	17	131.36	159.25
	(e) Short - term loans and advances	18	521.46	567.66
	(f) Other current assets	19	79.48	59.81
	Total		12,340.69	10,521.70

Accompanying notes forming part of the financial statements 1 to 43

In terms of our report attached	For and on behalf of the Board of Directors
For DELOITTE HASKINS & SELLS Chartered Accountants	Pawan Munjal Chairman, Managing Director & CEO DIN- 00004223
Jaideep Bhargava Partner	Pradeep Dinodia Chairman- Audit Committee DIN- 00027995	Ravi Sud Sr. Vice President & CFO
New Delhi May 5, 2016