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Notes forming part of onancial statements (Contd.)
Annual Report 2016-17
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9. Deferred tax assets (net)
As at
March 31, 2017
In
`
Million
As at
March 31, 2016
In
`
Million
As at
April 1, 2015
In
`
Million
Deferred tax liabilities
Differences in book values and tax base values of block of Property,
Plant and Equipment and other intangible assets
111.63
116.08
116.20
Capital gains (net)
90.69
66.09
70.99
Others
110.31
48.42
-
312.63
230.59
187.19
Deferred tax assets
Provision for leave encashment
63.35
76.81
70.85
Provision for long service awards
55.71
47.92
45.67
Provision for doubtful debts
77.38
57.28
91.72
Others
5.44
18.44
23.43
201.88
200.45
231.67
Deferred tax (liability) / assets (net)
(110.75)
(30.14)
44.48
10. Other non current assets
As at
March 31, 2017
In
`
Million
As at
March 31, 2016
In
`
Million
As at
April 1, 2015
In
`
Million
Capital advances (Unsecured, considered good)
1.77
1.15
3.20
Advances recoverable in cash or kind or for value to be received
60.82
65.40
67.15
62.59
66.55
70.35
11. Current onancial assets : Investments (refer note 31)
As at
March 31, 2017
In
`
Million
As at
March 31, 2016
In
`
Million
As at
April 1, 2015
In
`
Million
Investments carried at cost
-
Unquoted Investments
Investments in equity instruments
In associates*
Sprint Telecom India Private /imited [Holding Nil (March 31, 2016: Nil
/ April 1, 2015: 26%)@
Nil (March 31,2016 : Nil/ April 1, 2015: 1.30 million) shares of
`
10 each,
fully paid up
-
-
13.00
Total investments carried at cost (A)
-
-
13.00
Designated as fair value through proot and loss
-
Quoted investments
Investments in mutual funds
Fair value of current mutual funds (Refer Note 11a)
4,369.29
4,672.02
4,648.23
Fair value of current portion of long term mutual funds (Refer Note
6a & 6b)
130.37
242.34
-
4,499.66
4,914.36
4,648.23
Total investments carried at fair value
4,499.66
4,914.36
4,648.23
Total carrying amount of investments
4,499.66
4,914.36
4,661.23
Aggregate amount of quoted investments
4,499.66
4,914.36
4,648.23
Aggregate amount of unquoted investments
-
-
13.00
* Investment in equity shares of Sprint Telecom India Private /imited was intended to be disposed-off pursuant to a share
purchase agreement executed during the onancial year 2014-15, hence it was reclassioed as current investment as at April 1, 2015