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Shaping the future of software driven business
Consolidated Financials •
231
Notes forming part of consolidated financial statements (Contd.)
9.
Other non current financial assets (refer note 33)
As at
March 31, 2019
In
`
Million
As at
March 31, 2018
In
`
Million
Non-current bank balances (Refer note 15)
94.39
1.53
Add: Interest accrued but not due on non-current bank deposits
1.46
0.21
Non-current deposits with banks (Carried at amortised cost)
95.85
1.74
Deposits with financial institutions
430.00
35.00
Add: Interest accrued but not due on deposit with financial institutions
5.94
0.69
Less: Credit impaired
(182.50)
-
253.44
35.69
349.29
37.43
10. Deferred tax asset/ liability (net) *
As at
March 31, 2019
In
`
Million
As at
March 31, 2018
In
`
Million
Deferred tax liabilities
Differences in book values and tax base values of block of Property,
Plant and Equipment and intangible assets
226.85
246.10
Capital gains
79.12
108.63
Others
105.04
11.52
411.01
366.25
Deferred tax assets
Provision for leave encashment
141.33
120.38
Provision for long service awards
124.16
96.93
Provision for doubtful debts
39.98
41.81
Provision for gratuity
2.41
-
Differences in book values and tax base values of block of Property, Plant and
Equipment and intangible assets (overseas)
83.81
117.12
Brought forward and current year losses
60.30
41.12
Tax credits
226.35
281.37
Others
137.72
39.12
816.06
737.85
Deferred tax liabilities after set off
411.01
270.41
Deferred tax assets after set off
816.06
642.01
*
Deferred tax assets and deferred tax liabilities have been offset wherever the Group has a legally enforceable right to set
off current tax assets against current tax liabilities and where the deferred tax assets and deferred tax liabilities relate to
income taxes levied by the same taxation authority. In all other cases the same have been separately disclosed.