Tech Startup Growth Hacking 101 - Basics on Growth Marketing
Adani Properties Annual Report 2017.pdf
1. ADANI PROPERTIES PRIVATE LIMITED
Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
[700300] Disclosure of general information about company
Unless otherwise specified, all monetary values are in INR
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
01/04/2014
to
31/03/2015
Name of company
ADANI PROPERTIES PRIVATE
LIMITED
Corporate identity number U45201GJ1995PTC026067
Permanent account number of entity AABCA3182H
Address of registered office of company
S H I K H A R N R A D A N I
HOUSEMITHAKHALI SIX ROAD
, NAVRANGPURA , Ahmedabad
, Ahmedabad , GUJARAT ,
INDIA - 380009
Type of industry
C o m m e r c i a l a n d
Industrial
Date of start of reporting period 01/04/2016 01/04/2015 01/04/2014
Date of end of reporting period 31/03/2017 31/03/2016 31/03/2015
Nature of report standalone consolidated Consolidated
Content of report Financial Statements
Description of presentation currency INR
Level of rounding used in financial statements Actual
Type of cash flow statement Indirect Method
[700400] Disclosures - Auditors report
Details regarding auditors [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Auditors [Axis] 1
01/04/2016
to
31/03/2017
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor Auditors firm
Name of audit firm
Dharmesh Parikh &
Co
Name of auditor signing report
GOTHI KANTILAL
GOVABHAI
Firms registration number of audit firm 112054W
Membership number of auditor 127664
Address of auditors
303/304,
"Milestone", Nr.
Drive-in-Cinema,
Opp. T.V. Tower,
T h a l t e j ,
Ahmedabad-380
054.
Permanent account number of auditor or auditor's firm AAGFD1279G
SRN of form ADT-1 S34828939
Date of signing audit report by auditors 05/09/2017
Date of signing of balance sheet by auditors 05/09/2017
2. 2
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Unless otherwise specified, all monetary values are in INR
01/04/2016
to
31/03/2017
Disclosure in auditor’s report explanatory [TextBlock]
Textual information (1)
[See below]
Whether companies auditors report order is applicable on company No
Whether auditors' report has been qualified or has any reservations or
contains adverse remarks
No
3. 3
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Textual information (1)
Disclosure in auditor’s report explanatory [Text Block]
To the Members of Adani Properties Private Limited
Report on the Consolidated Ind AS Financial Statements
We have audited the accompanying consolidated Ind AS Financial Statements of Adani Properties Private Limited (hereinafter referred to as “the
Holding Company”), its subsidiaries (the Holding Company and its subsidiaries together referred to as “the Group”), its associates and jointly
controlled entities, comprising of the consolidated Balance Sheet as at 31st March, 2017, the consolidated Statement of Profit and Loss including
other comprehensive income, the consolidated Statement of Cash Flows and the consolidated Statement of Changes in Equity for the year then
ended, and a summary of significant accounting policies and other explanatory information (hereinafter referred to as ‘the consolidated Ind AS
Financial Statements’).
Management’s Responsibility for the Consolidated Ind AS Financial Statements
The Holding Company’s Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Act, 2013 (“the Act”) with
respect to the preparation of these consolidated Ind AS Financial Statements that give a true and fair view of the consolidated financial position,
consolidated financial performance including other comprehensive income, consolidated cash flows and consolidated changes in equity of the
Group, its associates and jointly controlled entities in accordance with accounting principles generally accepted in India, including the Accounting
Standards specified under Section 133 of the Act, read with the Companies (Indian Accounting Standards) Rules, 2015, as amended. The
respective Board of Directors of the companies included in the Group and of its associates and jointly controlled entities are responsible for
maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Group, its associates
and jointly controlled entities and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting
policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal
financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the
preparation and presentation of the consolidated Ind AS Financial Statements that give a true and fair view and are free from material
misstatement, whether due to fraud or error, which have been used for the purpose of preparation of the consolidated Financial Statements by the
Directors of the Holding Company.
Auditor’s Responsibility
Our responsibility is to express an opinion on these consolidated Ind AS Financial Statements based on our audit.
While conducting the audit, we have taken into account the provisions of the Act, the accounting and auditing standards and matters which are
required to be included in the audit report under the provisions of the Act and the Rules made thereunder.
We conducted our audit in accordance with the Standards on Auditing, issued by the Institute of Chartered Accountants of India, as specified
under Section 143(10) of the Act. Those Standards require that we comply with ethical requirements and plan and perform the audit to obtain
reasonable assurance about whether the consolidated Ind AS Financial Statements are free from material misstatement.
4. 4
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Independent Auditor’s Report
To the Members of AdaniProperties Private Limited (Continue)
An audit involves performing procedures to obtain audit evidence about the amounts and disclosures in the consolidated Ind AS Financial
Statements. The procedures selected depend on the auditor’s judgment, including the assessment of the risks of material misstatement of the
consolidated Financial Statements, whether due to fraud or error. In making those risk assessments, the auditor considers internal financial control
relevant to the Holding Company’s preparation of the consolidated Ind AS Financial Statements that give a true and fair view in order to design
audit procedures that are appropriate in the circumstances. An audit also includes evaluating the appropriateness of accounting policies used and
the reasonableness of the accounting estimates made by the Holding Company’s Board of Directors, as well as evaluating the overall presentation
of the consolidated Ind AS Financial Statements.
We believe that the audit evidence obtained by us and the audit evidence obtained by the other auditors in terms of their reports referred to in
paragraph (i) & (ii) of the Other Matters below, is sufficient and appropriate to provide a basis for our audit opinion on the consolidated Ind AS
Financial Statements.
Basis of Qualified Opinion
During the financial year ended 31st March, 2013, one of the subsidiary company, Adani Infrastructure and Developers Private Limited
(AIDPL)had incurred a loss of Rs. 22,27,50,000/- on cancellation of MOUs for sale of rights in properties which the company continues to
recognize as value to be realized under Other Non-Current Assets (which was shown under "Long Term Loans and Advances” in the previous
Balance Sheets as per IGAAP) for the reasons stated in Note 7. Had the said loss had been charged to the Statement of Profit and Loss for that
year, the total expenses and net loss for that year would have been higher by Rs. 22,27,50,000/-, and shareholders’ funds and long term loans and
advances as at 31st March, 2014, 31st March, 2015, 31st March, 2016 and other non-current assets as at 31st March 2017 would have been lower
by the said amount. This matter was also qualified in report on the financial statements for the year ended 31st March, 2014 and 31st March 2015
and 31st March 2016.
Qualified Opinion
Except for the possible effects of the matters described in the basis for Qualified Opinion paragraph above, in our opinion and to the best of our
information and according to the explanations given to us, and based on the consideration of reports of the other auditors and read with our
comments in sub paragraphs (i) and (ii) of the Emphasis of Matters paragraph below, the aforesaid consolidated IndAS financial statements give
the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally
accepted in India including the Ind AS, of the consolidated financial position of the Group, its associates and jointly controlled entities as at 31st
March, 2017, and their consolidated financial performance including other comprehensive income, their consolidated cash flows and consolidated
changes in equity for the year ended on that date.
5. 5
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Independent Auditor’s Report
To the Members of AdaniProperties Private Limited (Continue)
Emphasis of Matter
We would like to draw attention to:
(i) the fact that some of the subsidiary companies are incurring continuous losses and have a negative net current assets position.
(ii) We draw attention to Note 50 of the Consolidated Financial Statements in respect of one of the Subsidiary Companies, Delhi Golf Link
Properties Private Limited (DGLPPL), which indicates that
though the net worth of the company is negative, the Management, on the basis of their estimates of market value of land, and by expecting a
stability in the lease income post completion of the construction of residential property, believes that it will have sufficient funds to meet its
liability for the next twelve months and hence continue to present its financial statements on a going concern basis and no adjustments to the
carrying values of assets and liabilities is considered necessary by the Management at this stage.
The above include matters wherein the auditors of the respective subsidiary companies have invited attention of the members of the respective
subsidiary companies.
Our opinion is not qualified/ modified in respect of these matters.
Other Matters
6. 6
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
(i) The accompanying consolidated financial statements include Financial statements of 7 subsidiaries which reflect total assets of Rs.
7,06,31,50,485/- as at 31st March, 2017 and total revenues of Rs.2,85,71,943/- and Net Loss after tax (after adjusting minority interest and other
comprehensiveincome) of Rs. 11,08,98,505/-for the year then ended, which have been audited by other auditors whose financial statements, other
financial information and auditor’s reports have been furnished to us by the management. Our opinion on the consolidated financial statements, in
so far as it relates to the amounts and disclosures included in respect of these subsidiaries is based solely on the reports of such other auditors.
(ii) The accompanying consolidated financial statements include the Group’s share of Net Profit after tax of Rs. 2,23,95,217/- for the year
ended 31st March, 2017, in respect of 7 Joint Ventures, which have been audited by other auditors, whose financial statements, other financial
information and auditor’s reports have been furnished to us by the management. Our opinion on the consolidated financial statements, in so far as
it relates to the amounts and disclosures included in respect of these joint ventures is based solely on the reports of such other auditors.
Independent Auditor’s Report
To the Members of Adani Properties Private Limited (Continue)
(iii) The accompanying consolidated financial statements include financial statements of 5 subsidiaries which reflect total assets of Rs.
92,29,97,65,437/- as at 31st March, 2017 and total revenues of Rs.1,05,54,276/- and Net Loss after tax (after adjusting minority interest and other
comprehensive income) of Rs. 2,94,83,393/- for the year then ended whose financial statements are unaudited and have been furnished to us by
the Management and our opinion on the consolidated financialstatements in so far as it relates to the amounts and disclosures included in respect
of these Subsidiaries is based solely on such unaudited financial statements.
(iv) The accompanying consolidated financial statements include the Group’s share of Net Loss after tax of Rs.4,14,372/- for the year ended
31st March, 2017, in respect of 4 Joint Venture and an Associate whose financial statements are unaudited and have been furnished to us by the
Management and our opinion on the consolidated financial statements in so far as it relates to the amounts and disclosures included in respect of
these joint ventures and associate is based solely on such unaudited financial statements.
Our opinion on the consolidated Ind AS Financial Statements, and our report on Other Legal and Regulatory Requirements below, is not modified
in respect of the above matters with respect to our reliance on the work done and the reports of the other auditors and the Financial Statements
certified by the Management.
7. 7
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Report on Other Legal and Regulatory Requirements
1. As required by sub section (3) of Section 143 of the Act, based on our audit and on the consideration of reports of the other auditors on the
separate Financial Statements of subsidiaries, associates and jointly controlled entities incorporate in India, referred to in the Other Matters
paragraph, we report, to the extent applicable, that:
(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the
purpose of our audit of the aforesaid consolidated Ind AS Financial Statements;
(b) In our opinion, proper books of account as required by law relating to preparation of the aforesaid consolidated Ind AS Financial Statements
have been kept so far as it appears from our examination of those books and the reports of the other auditors;
(c) The consolidated Balance Sheet, the consolidated Statement of Profit and Loss (including Other Comprehensive Income), the consolidated
Cash Flow Statement and the consolidated Statement of Changes in Equity dealt with by this Report are in agreement with the books of account
maintained for the purpose of preparation of the consolidated Ind AS Financial Statements;
(d) In our opinion, the aforesaid consolidated Ind AS Financial Statements comply with the Accounting Standards specified under Section 133 of
the Act, read with the Companies (Indian Accounting Standards) Rules, 2015, as amended;
(e) On the basis of the written representations received from the directors of the Holding Company as on 31st March, 2017 taken on record by
the Board of Directors of the Holding Company and the reports of the statutory auditors of its subsidiary companies and jointly controlled entities
incorporated in India, none of the directors of the Group companies, associates and jointly controlled entities incorporated in India are disqualified
as on 31st March, 2017 from being appointed as a director in terms of Section 164 (2) of the Act;
(f) With respect to the adequacy and the operating effectiveness of the internal financial controls over financial reporting of the Holding
Company, its subsidiaries and jointly controlled entities incorporated in India and the operating effectiveness of such controls, refer to our
separate report in “Annexure A” to this report;
(g) With respect to the other matters to be included in the Auditor’s Report in accordance with Rule 11 of the Companies (Audit and Auditors)
Rules, 2014, in our opinion and to the best of our information and according to the explanations given to us and based on the consideration of the
report of the other auditors on separate financial, as noted in the ‘Other Matters’ paragraph:
i. The consolidated Ind AS Financial Statements disclose the impact of pending litigations on the consolidated financial position of the
Group, its associate and jointly controlled entities – Refer Note 43 to the consolidated Ind AS Financial Statements;
8. 8
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
ii. The group did not have any long-term contracts including derivative contracts for which there were any material foreseeable losses;
iii. There were no amounts which were required to be transferred to the investor Education and Protection Fund
iv. The company has provided requisite disclosures in its consolidated Ind AS Financial Statements (vide Note no. 47 to consolidatedInd AS
Financial Statements) as to holdings as well as dealings in Specified Bank Notes during the period from 8th November, 2016 to 30th December,
2016 and these are in accordance with the books of accounts maintained by the company. We have relied on the management representation for
disclosure of denomination wise details.
Annexure – A to the Independent Auditor’s Report on the Consolidated Ind AS Financial Statements of AdaniProperties Private Limited
(Referred to in paragraph 1 (f) of Report on Other Legal and Regulatory Requirements of our Report of even date)
Report on the Internal Financial Controls under Clause i of sub-section 3 of Section 143 of the Companies Act, 2013 (the Act).
We have audited the internal financial controls over financial reporting of the AdaniProperties Private Limited (the Holding Company), its
subsidiariesand jointly controlled entities, which are companies incorporated in India, as of 31st March, 2017 in conjunction with our audit of the
consolidated Ind AS Financial Statements of the Company as of and for the year ended on that date.
Management’s Responsibilities for Internal Financial Controls
The respective Board of Directors of the Holding company, its subsidiaries, associates and jointly controlled entities, which are companies
incorporated in India, are responsible for establishing and maintaining internal financial controls based on the internal control over financial
reporting criteria established by the Holding Company considering the essential components of internal control stated in the Guidance Note on
Audit of Internal Financial Controls over Financial Reporting (the ‘Guidance Note’) issued by the Institute of Chartered Accountants of India
(‘ICAI’). These responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating
effectively for ensuring the orderly and efficient conduct of its business, including adherence to the respective Company’s policies, the
safeguarding of its assets, the prevention and detection of frauds and errors, the accuracy and completeness of the accounting records, and the
timely preparation of reliable financial information, as required under the Act.
Auditor’s Responsibility
9. 9
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Our responsibility is to express an opinion on the Holding Company, its subsidiaries, associate and jointly controlled entities, which are
companies incorporated in India, internal financial controls over financial reporting based on our audit. We conducted our audit in accordance
with the Guidance Note and the Standards on Auditing, issued by ICAI and deemed to be prescribed under Section 143(10) of the Act, to the
extent applicable to an audit of internal financial controls, both applicable to an audit of Internal Financial Controls and both issued by the ICAI.
Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable
assurance about whether adequate internal financial controls over financial reporting was established and maintained and if such controls operated
effectively in all material respects.
Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial
reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding of
internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and
operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditor’s judgment, including the
assessment of the risks of material misstatement of the consolidated Ind AS Financial Statements, whether due to fraud or error.
We believe that the audit evidence we have obtained and the audit evidence obtained by the other auditors in terms of their reports referred to in
the Other Matters paragraph below is sufficient and appropriate to provide a basis for our audit opinion on the internal financial controls system
over financial reporting.
Meaning of Internal Financial Controls over Financial Reporting
A company's internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of Financial Statements for external purposes in accordance with generally accepted accounting principles.
A company's internal financial control over financial reporting includes those policies and procedures that:
(1) pertain to the maintenance of records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of
the company;
(2) provide reasonable assurance that transactions are recorded as necessary to permit preparation of Financial Statements in accordance with
generally accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with
authorizations of management and directors of the company; and
(3) provide reasonable assurance regarding prevention or timely detection of unauthorized acquisition, use, or disposition of the company's
assets that could have a material effect on the Financial Statements.
Inherent Limitations of Internal Financial Controls over Financial Reporting
10. 10
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper
management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation
of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over financial
reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may
deteriorate.
Opinion
In our opinion, to the best of our information and according to the explanations given to us and based on the consideration of reports of the other
auditors, as referred to in Other Matters paragraph, the Holding Company, its subsidiaries and jointly controlled entities, which are companies
incorporated in India, have maintained, in all material respects, an adequate internal financial controls system over financial reporting and such
internal financial controls over financial reporting were operating effectively as at 31stMarch, 2017, based on the internal control over financial
reporting criteria established by the Holding Company considering the essential components of internal control stated in the Guidance Note issued
by the ICAI.
Other Matters
Our report under Section 143(3)(i) of the Act on the adequacy and operating effectiveness of the internal financial controls over financial
reporting of the Holding Company, its subsidiaries, associates and jointly controlled entities, which are companies incorporated in India, in so far
as it relates to separate financial statements of 7 subsidiaries and7 jointly controlled entitiesis based on the corresponding reports of the auditors of
such subsidiaries and jointly controlled entities, which are companies incorporated in India.
We do not comment on the adequacy and operating effectiveness of the internal financial controls over financial reporting of 5 Subsidiaries, 4
jointly controlled entity and 1 associatesincorporated in India, whose financial statements are unaudited and have been furnished to us by the
Management.
11. 11
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
[110000] Balance sheet
Unless otherwise specified, all monetary values are in INR
31/03/2017 31/03/2016 31/03/2015
Balance sheet [Abstract]
Assets [Abstract]
Non-current assets [Abstract]
Property, plant and equipment 183,85,15,055 166,03,53,677 122,04,12,798
Capital work-in-progress 94,67,18,602 72,25,24,060 2,16,88,815
Investment property 310,53,76,092 254,97,75,660 232,35,32,434
Other intangible assets (A) 354,25,96,430 (B) 354,42,87,917 (C) 318,73,35,253
Non-current financial assets [Abstract]
Non-current investments 8,612,11,61,068 5,965,20,37,526 6,349,41,16,236
Loans, non-current 1,039,22,25,878 734,26,56,016 23,50,52,679
Other non-current financial assets 7,10,72,740 5,19,04,932 6,46,48,746
Total non-current financial assets 9,658,44,59,686 6,704,65,98,474 6,379,38,17,661
Deferred tax assets (net) 13,30,06,851 11,61,44,047 6,43,92,110
Other non-current assets (D) 200,06,15,850 (E) 195,97,03,764 (F) 167,16,22,192
Total non-current assets 10,815,12,88,566 7,759,93,87,599 7,228,28,01,263
Current assets [Abstract]
Inventories 5,017,58,25,266 4,658,63,44,763 4,475,26,62,808
Current financial assets [Abstract]
Current investments 57,60,84,967 17,67,56,741 35,30,00,670
Trade receivables, current 27,39,17,424 554,07,32,589 57,19,04,813
Cash and cash equivalents 33,74,61,850 31,13,39,243 10,27,48,660
Bank balance other than cash and cash equivalents (G) 30,13,69,315
69,57,75,587 33,23,75,104
Loans, current 2,265,40,12,855 2,410,07,12,306 122,16,02,110
Other current financial assets 299,18,92,713 383,55,99,080 267,43,61,051
Total current financial assets 2,713,47,39,124 3,466,09,15,546 525,59,92,408
Other current assets 328,90,61,256 223,28,84,682 119,54,51,657
Total current assets 8,059,96,25,646 8,348,01,44,991 5,120,41,06,873
Total assets 18,875,09,14,212 16,107,95,32,590 12,348,69,08,136
Equity and liabilities [Abstract]
Equity [Abstract]
Equity attributable to owners of parent [Abstract]
Equity share capital 12,90,17,850 12,90,17,850 12,90,17,850
Other equity (H) 7,408,43,77,339
7,732,09,55,615 8,216,03,89,765
Total equity attributable to owners of parent 7,421,33,95,189 7,744,99,73,465 8,228,94,07,615
Non controlling interest 2,548,23,92,653 73,20,38,556 8,43,99,301
Total equity 9,969,57,87,842 7,818,20,12,021 8,237,38,06,916
Liabilities [Abstract]
Non-current liabilities [Abstract]
Non-current financial liabilities [Abstract]
Borrowings, non-current 1,935,07,91,369 2,263,87,24,844 567,38,01,062
Other non-current financial liabilities 142,27,61,582 87,69,78,407 72,22,49,303
Total non-current financial liabilities 2,077,35,52,951 2,351,57,03,251 639,60,50,365
Provisions, non-current 11,61,81,914 11,21,56,451 3,26,34,046
Other non-current liabilities 44,10,86,453 17,05,85,405 22,74,47,206
Total non-current liabilities 2,133,08,21,318 2,379,84,45,107 665,61,31,617
Current liabilities [Abstract]
Current financial liabilities [Abstract]
Borrowings, current 4,342,97,90,920 3,692,28,59,979 2,297,70,35,024
Trade payables, current 222,07,52,014 412,08,91,051 192,44,23,636
Other current financial liabilities 1,152,53,47,358 831,42,91,451 618,62,31,044
Total current financial liabilities 5,717,58,90,292 4,935,80,42,481 3,108,76,89,704
Other current liabilities 1,049,57,17,349 970,71,87,870 335,59,38,857
Provisions, current 5,08,54,066 3,32,22,570 1,33,41,042
Current tax liabilities 18,43,345 6,22,541 0
12. 12
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Total current liabilities 6,772,43,05,052 5,909,90,75,462 3,445,69,69,603
Total liabilities 8,905,51,26,370 8,289,75,20,569 4,111,31,01,220
Total equity and liabilities 18,875,09,14,212 16,107,95,32,590 12,348,69,08,136
Footnotes
(A) Intangible Assets : 6865358 Goodwill on Consolidation : 3535731072
(B) Intangible Assets : 8556845 Goodwill on Consolidation : 3535731072
(C) Intangible Assets : 10502888Goodwill on Consolidation : 3176832365
(D) Other Non-Current Assets : 1648161730 Income Tax Assets (net) : 352454120
(E) Other Non-Current Assets : 1650605941 Income Tax Assets (net) : 309097823
(F) Other Non-Current Assets : 1536375852Income Tax Assets (net) : 135246340
(G) Balances with bank held as margin money or security against the borriwings,gurantee and commitment
(H) ALDPL The Company received USD 10,90,00,000 (Equivalent to Rs. 6,06,28,80,500) in the financial year 2012-13 from Vakoder
Investments Limited, a limited Company incorporated in Cyprus. Against the amount so received, Company has issued 6,06,28,805
Compulsorily Convertible Debentures (CCD) each of face value of Rs. 100. The CCDs were due for conversion in Jan'16 Vide
Agreement dated August 10, 2012, the maturity period of the CCDs however could be further extendable for further 3 Years. 6,06,28,805
Compulsorily Convertible Debentures (CCD) of face value of Rs. 100/- each. The original Debenture Subscription Agreement dated
August 10, 2012 provided 9% simple interest per annum payable on half yearly basis, however, supplementary agreement dated February
11, 2013 for the same provided that the description to pay interest by the Investee Company shall depend on the viability and visibility of
the project, to the satisfaction of the Investee Company. Accordingly company has decided not to provide/pay interest in the current
financial year. The Conversion period shall be on expiry of 3 years from the date of issuance of the Investor's CCDs, extendable for
further 3 additional one year period with the mutual consent of the parties. vide Agreement dated August 10, 2012, supplementary
agreement dated February 11, 2013 for the same provided that the Investor is entitled to 73 number of Equity Shares for 1,000 number of
Debentures held, after conversion. The company vide agreement date 9th August,2015 agreed to amend and extend the conversion period
of three additional one year period of conversion as mentioned under clause (i) of the Annexure 1 of the original agreement and the
period of converting the CCD's into Equity shares of the company under the original agreement is now agreed and extended until August
10, 2018 and that the CCDs have been converted into the Equity Shares of the company at anytime within said extended period of 3
years. The Company received Rs.3,15,33,34,400 in the financial year 2015-16 from RVG Exim DMCC, a company incorporated in
U.A.E. Against the amount so received, Company has issued 3,15,33,344 Compulsorily Convertible Debentures (CCD) each of face
value of Rs. 100. The Debentures shall be compulsorily convertible any time after 3 years period from the date of issue but on or before
31st December, 2025. - 3,15,33,344 Compulsorily Convertible Debentures (CCD) of face value of Rs. 100/- each. The default interest
rate is Nil unless decided otherwise mutually between the investor and the company. - The Debentures shall be compulsorily convertible
any time after 3 years period from the date of issue but on or before 31st December, 2025. Each Investor’s CCDs shall be convertible by
the Company into such number of Equity Shares as determined pursuant to the Conversion Ratio, defined below. The number of Equity
Shares to be issued upon conversion of Investor’s CCDs will be calculated according to the following formula: No. Of Equity Shares =
Number of Investor’s CCDs being converted X Conversion Ratio Where, “Conversion Ratio” = Investor’s CCDs face value (Rs. 100) /
Price per Equity Share. Where, Price per Equity Share = (a) Fair value per Equity Shares determined at the time of issuance of Investor’s
CCDs as per discounted free cash flow method of valuation; or (b) Fair value per Equity Shares determined at the time of Investor’s
CCDs as per valuation methodology agreed between the Parties, whichever is higher. Accordingly 73 Equity shares will be issued per
1000 debentures. The Company received Rs. 50,26,37,800 in the financial year 2016-17 from RVG Exim DMCC, a company
incorporated in U.A.E. Against the amount so received, Company has issued 50,26,378 Compulsorily Convertible Debentures (CCD)
each of face value of Rs. 100. The Debentures shall be compulsorily convertible any time after 3 years period from the date of issue but
on or before 31st December, 2027. - 50,26,378 Compulsorily Convertible Debentures (CCD) of face value of Rs. 100/- each. - The
default interest rate is Nil unless decided otherwise mutually between the investor and the company. - The Debentures shall be
compulsorily convertible any time after 3 years period from the date of issue but on or before 31st December, 2037. Each Investor’s
CCDs shall be convertible by the Company into such number of Equity Shares as determined pursuant to the Conversion Ratio, defined
below. The number of Equity Shares to be issued upon conversion of Investor’s CCDs will be calculated according to the following
formula: No. Of Equity Shares = Number of Investor’s CCDs being converted X Conversion Ratio Where, “Conversion Ratio” =
Investor’s CCDs face value (Rs. 100) / Price per Equity Share. Where, Price per Equity Share = (a) Fair value per Equity Shares
determined at the time of issuance of Investor’s CCDs as per discounted free cash flow method of valuation; or (b) Fair value per Equity
Shares determined at the time of Investor’s CCDs as per valuation methodology agreed between the Parties, whichever is higher
Accordingly 73 Equity shares will be issued per 1000 debentures. AEPL 6,09,45,698 Compulsorily Convertible Debentures (CCD) each
of face value of Rs. 100/- each. The original Debenture Subscription Agreement dated June 06, 2012 provided that 'simple interest rate
per annum payable on half yearly basis' to be mutually agreed at the time of allotment, supplement agreement dated August 6,2012
provided 9% rate of interest for the same. However, supplementary agreement dated September 10, 2012 for the same provided that the
discretion to pay interest by the Investee Company shall depend on the viability and visibility of the project, to the satisfaction of the
Investee Company. Accordingly company has decided not to provide/pay interest in the current financial year. The Conversion period
shall be on expiry of 3 years from the date of issuance of the Investor's CCDs, extendable for further 3 additional one years with the
mutual consent of the parties. vide Agreement dated June 06, 2012, supplementary agreement dated September 10, 2012 for the same
provided that the Investor is entitled to 10,15,76,163 no of Equity Shares after conversion. The company vide agreement date 5th
June,2015 agreed to amend and extend the conversion period of three additional one year period of conversion as mentioned under clause
(i) of the Annexure 1 of the original agreement and the period of converting the CCD's into Equity shares of the company under the
original agreement is now agreed and extended until 5th June ,2018 and that the CCDs have been converted into the Equity Shares of the
company at anytime within said extended period of 3 years.
13. 13
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
[210000] Statement of profit and loss
Earnings per share [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Classes of equity share capital [Axis] Equity shares 1 [Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Statement of profit and loss [Abstract]
Earnings per share [Abstract]
Earnings per share [Line items]
Basic earnings per share [Abstract]
Basic earnings (loss) per share from continuing operations [INR/shares] -27.14 [INR/shares] -2.35
Basic earnings (loss) per share from discontinued operations [INR/shares] 0 [INR/shares] 0
Total basic earnings (loss) per share [INR/shares] -27.14 [INR/shares] -2.35
Diluted earnings per share [Abstract]
Diluted earnings (loss) per share from continuing operations [INR/shares] -27.14 [INR/shares] -2.35
Diluted earnings (loss) per share from discontinued operations [INR/shares] 0 [INR/shares] 0
Total diluted earnings (loss) per share [INR/shares] -27.14 [INR/shares] -2.35
14. 14
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Unless otherwise specified, all monetary values are in INR
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Statement of profit and loss [Abstract]
Income [Abstract]
Revenue from operations 1,320,08,73,790 1,430,65,97,413
Other income 352,55,83,658 155,64,62,646
Total income 1,672,64,57,448 1,586,30,60,059
Expenses [Abstract]
Cost of materials consumed (A) 550,25,95,430 (B) 567,02,32,294
Purchases of stock-in-trade (C) 505,70,20,772 (D) 734,36,86,818
Changes in inventories of finished goods, work-in-progress and
stock-in-trade
-5,40,135 0
Employee benefit expense 121,32,32,522 51,90,94,143
Finance costs 419,91,09,995 135,83,21,266
Depreciation, depletion and amortisation expense 5,23,60,132 3,20,89,808
Expenditure on production, transportation and other expenditure
pertaining to exploration and production activities
0 0
Other expenses (E) 77,94,16,904 (F) 75,85,71,785
Total expenses 1,680,31,95,620 1,568,19,96,114
Profit before exceptional items and tax -7,67,38,172 18,10,63,945
Total profit before tax -7,67,38,172 18,10,63,945
Tax expense [Abstract]
Current tax (G) 15,84,90,539 (H) 11,29,89,416
Deferred tax -2,17,25,356 -40,49,280
Total tax expense 13,67,65,183 10,89,40,136
Total profit (loss) for period from continuing operations -21,35,03,355 7,21,23,809
Share of profit (loss) of associates and joint ventures accounted for
using equity method
-15,53,57,922 -13,05,15,923
Total profit (loss) for period -36,88,61,277 -5,83,92,114
Profit or loss, attributable to non-controlling interests -1,11,68,582 32,45,461
Comprehensive income OCI components presented net of tax [Abstract]
Whether company has other comprehensive income OCI components
presented net of tax
No No
Other comprehensive income net of tax [Abstract]
Components of other comprehensive income that will not be
reclassified to profit or loss, net of tax [Abstract]
Other comprehensive income, net of tax, gains (losses) on
remeasurements of defined benefit plans
76,01,579 3,12,63,932
Total other comprehensive income that will not be reclassified
to profit or loss, net of tax
76,01,579 3,12,63,932
Total other comprehensive income 76,01,579 3,12,63,932
Total comprehensive income -36,12,59,698 -2,71,28,182
Comprehensive income OCI components presented before tax [Abstract]
Whether company has comprehensive income OCI components presented
before tax
No No
Other comprehensive income before tax [Abstract]
Total other comprehensive income 76,01,579 3,12,63,932
Total comprehensive income -36,12,59,698 -2,71,28,182
Earnings per share explanatory [TextBlock]
Earnings per share [Abstract]
Basic earnings per share [Abstract]
Diluted earnings per share [Abstract]
15. 15
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Footnotes
(A) Finished Goods : 32229747 Material at site : 1584294141 Work-in-Progress : 42512522067 Add: Construction Cost incurred during
the year Construction Expenses : 4331682165 Cost of Land Purchased : 552636888 Depreciation : 15039274 Personal Expenses :
370290148 Finance Cost : 1889729515 Other Expenses : 789638855 : 0 Finished Goods : 0 Work-in-Progress : -47028657579 Material
at site : -476010291 Finishing Cost Reversed(Refer below Note: a) : -217417933 Add: Other Operating Expenses : 405916288 Refund
paid back reversed(Refer below Note: b) : 740702145 Note: (a) SEMPL : Note (1) : As per MOU signed with Adani Township & Real
Estate Company Private Limited (" ATRECO ") as on 1st April, 2016, Company has reversed cost of villa construction related to
Finishing cost, the same is reduced from the Inventory and transferred to ATRECO. Note 2 : As per Development right cancellation
agreement dated 24th September, 2016 entered into with Adani Township & Real Estate Company Private Limited ( " ATRECO " ), the
Company has paid consideration for cancellation of Development right to ATRECO for which rights were given as per original
Development right agreement dated 9th March, 2011. Note: (b) ADPL: The Company vide Development Agreement (the Agreement)
entered into with Housing Development and Infrastructure Limited ("HDIL" or "Transferor") has obtained Development Rights in
respect of land owned by HDIL (as defined in the Agreement) for development and subsequent commercial exploitation of the proposed
complex. Pursuant to the Agreement, in consideration of the Company obtaining Development Rights, the Company has paid a sum of
Rs. 10,650,000,000 towards consideration for obtaining Development Rights. During the year 2011-2012, the Company had received
refunds of Rs. 5,81,82,63,476 from the Transferor of Development Rights pursuant to the Supplementary Agreement dated 20th March,
2012. During the current year an amount of Rs. 74,07,02,145 (31st March, 2016 : Rs. 21,86,00,000) has been repaid to the Transferor on
performance by it of its obligations as per the revised timeframes.
(B) Finished Goods : 32229747 Material at site : 621145343 Work-in-Progress : 41210991686 Add: Construction Cost incurred during
the year Construction Expenses : 4452048474 Cost of Land Purchased : 1151534721 Depreciation : 12636485 Personal Expenses :
352710118 Finance Cost : 1353506098 Other Expenses : 393875577 : 0 Finished Goods : -32229747 Work-in-Progress : -42447691553
Material at site : -1649124655 Finishing Cost Reversed(Refer below Note: a) : 0 Add: Other Operating Expenses : 0 Refund paid back
reversed(Refer below Note: b) : 218600000
(C) Purchases of Traded Goods : 3926794956 Purchases of Material and Services : 1130225816
(D) Purchases of Traded Goods : 2166111801 Purchases of Material and Services : 5177575017
(E) Operation and Maintenance Expenses : 20755164 Other Expenses : 758661740
(F) Operation and Maintenance Expenses : 22289969 Other Expenses : 736281816
(G) Current Tax : 155521500 Mat Credit Utilization : 1635056 Short/(Excess) Provision for Tax of earlier years : 1333983
(H) Current Tax : 114569957 Mat Credit Utilization : 44809 Short/(Excess) Provision for Tax of earlier years : -1625350
[400200] Statement of changes in equity
Statement of changes in equity [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Components of equity [Axis] Equity [Member]
Equity attributable
to the equity
holders of the
parent [Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period -36,88,61,277 -5,83,92,114 -36,88,61,277
Changes in comprehensive income components 1,87,70,160 2,80,18,471 0 1,87,70,160
Total comprehensive income -35,00,91,117 -3,03,73,643 0 -35,00,91,117
Other changes in equity [Abstract]
Other additions to reserves -288,64,87,159 -480,90,60,507 0 -288,64,87,159
Total other changes in equity -288,64,87,159 -480,90,60,507 0 -288,64,87,159
Total increase (decrease) in equity -323,65,78,276 -483,94,34,150 0 -323,65,78,276
Other equity at end of period 7,408,43,77,339 7,732,09,55,615 8,216,03,89,765 7,408,43,77,339
16. 16
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Statement of changes in equity [Table] ..(2)
Unless otherwise specified, all monetary values are in INR
Components of equity [Axis]
Equity attributable to the equity holders
of the parent [Member]
Equity component of financial
instrument [Member]
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period -5,83,92,114 0 0 0
Changes in comprehensive income components 2,80,18,471
Total comprehensive income -3,03,73,643 0 0 0
Other changes in equity [Abstract]
Other additions to reserves -480,90,60,507 50,26,37,804 315,33,34,399
Total other changes in equity -480,90,60,507 50,26,37,804 315,33,34,399
Total increase (decrease) in equity -483,94,34,150 0 50,26,37,804 315,33,34,399
Other equity at end of period 7,732,09,55,615 8,216,03,89,765 1,581,34,22,503 1,531,07,84,699
Statement of changes in equity [Table] ..(3)
Unless otherwise specified, all monetary values are in INR
Components of equity [Axis]
Equity component
of financial
instrument
[Member]
Reserves [Member]
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 0 -36,88,61,277 -5,83,92,114 0
Changes in comprehensive income components 1,87,70,160 2,80,18,471
Total comprehensive income 0 -35,00,91,117 -3,03,73,643 0
Other changes in equity [Abstract]
Other additions to reserves -338,91,24,963 -796,23,94,906
Total other changes in equity -338,91,24,963 -796,23,94,906
Total increase (decrease) in equity 0 -373,92,16,080 -799,27,68,549 0
Other equity at end of period 1,215,74,50,300 5,827,09,54,836 6,201,01,70,916 7,000,29,39,465
Statement of changes in equity [Table] ..(4)
Unless otherwise specified, all monetary values are in INR
Components of equity [Axis] Capital reserves [Member]
Securities premium
reserve [Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 0 0 0 0
Total comprehensive income 0 0 0 0
Total increase (decrease) in equity 0 0 0 0
Other equity at end of period 200,45,02,500 200,45,02,500 200,45,02,500 503,77,73,061
17. 17
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Statement of changes in equity [Table] ..(5)
Unless otherwise specified, all monetary values are in INR
Components of equity [Axis] Securities premium reserve [Member]
Debenture
redemption reserve
[Member]
General reserve
[Member]
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
01/04/2016
to
31/03/2017
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 0 0 0 0
Total comprehensive income 0 0 0 0
Other changes in equity [Abstract]
Other additions to reserves 126,25,00,000
Total other changes in equity 126,25,00,000
Total increase (decrease) in equity 0 0 126,25,00,000 0
Other equity at end of period 503,77,73,061 503,77,73,061 126,25,00,000 1,675,07,84,097
Statement of changes in equity [Table] ..(6)
Unless otherwise specified, all monetary values are in INR
Components of equity [Axis] General reserve [Member] Other funds [Member]
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 0 0 0 0
Total comprehensive income 0 0 0 0
Other changes in equity [Abstract]
Other additions to reserves (A) 30,95,46,728 (B) 59,36,89,851
Total other changes in equity 30,95,46,728 59,36,89,851
Total increase (decrease) in equity 30,95,46,728 0 0 59,36,89,851
Other equity at end of period 1,675,07,84,097 1,644,12,37,369 59,36,89,851 59,36,89,851
(A) On Account of Merger
(B) deemed equity
Statement of changes in equity [Table] ..(7)
Unless otherwise specified, all monetary values are in INR
Components of equity [Axis] Retained earnings [Member]
Other retained
earning [Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period -36,88,61,277 -5,83,92,114 0 -36,88,61,277
Changes in comprehensive income components 1,87,70,160 2,80,18,471 1,87,70,160
Total comprehensive income -35,00,91,117 -3,03,73,643 0 -35,00,91,117
Other changes in equity [Abstract]
Other additions to reserves -126,24,82,617 -2,16,10,642 -126,24,82,617
Total other changes in equity -126,24,82,617 -2,16,10,642 -126,24,82,617
Total increase (decrease) in equity -161,25,73,734 -5,19,84,285 0 -161,25,73,734
Other equity at end of period 692,98,71,288 854,24,45,022 859,44,29,307 692,98,71,288
18. 18
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Statement of changes in equity [Table] ..(8)
Unless otherwise specified, all monetary values are in INR
Components of equity [Axis] Other retained earning [Member] Other reserves [Member]
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period -5,83,92,114 0 0 0
Changes in comprehensive income components 2,80,18,471
Total comprehensive income -3,03,73,643 0 0 0
Other changes in equity [Abstract]
Other additions to reserves (A) -2,16,10,642 -338,91,42,346 -884,40,20,843
Total other changes in equity -2,16,10,642 -338,91,42,346 -884,40,20,843
Total increase (decrease) in equity -5,19,84,285 0 -338,91,42,346 -884,40,20,843
Other equity at end of period 854,24,45,022 859,44,29,307 2,569,18,34,039 2,908,09,76,385
Description of nature of other reserves
FVOCI - equity
investments
FVOCI - equity
investments
Footnotes
(A) On Account of Consolidation Adjustment 34714506 Ind AS Adjustments (56325149)
Statement of changes in equity [Table] ..(9)
Unless otherwise specified, all monetary values are in INR
Components of equity [Axis]
Other reserves
[Member]
31/03/2015
Other equity [Abstract]
Statement of changes in equity [Line items]
Equity [Abstract]
Changes in equity [Abstract]
Comprehensive income [Abstract]
Profit (loss) for period 0
Total comprehensive income 0
Total increase (decrease) in equity 0
Other equity at end of period 3,792,49,97,228
Description of nature of other reserves
FVOCI - equity
investments
19. 19
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
[320000] Cash flow statement, indirect
Unless otherwise specified, all monetary values are in INR
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before tax -7,67,38,172 18,10,63,945
Adjustments for reconcile profit (loss) [Abstract]
Adjustments for finance costs 419,90,16,250 135,82,83,692
Adjustments for decrease (increase) in inventories -169,97,50,987 53,44,39,157
Adjustments for decrease (increase) in trade receivables, current 526,68,15,165 -221,18,19,631
Adjustments for decrease (increase) in other current assets -105,48,74,365 -4,98,20,938
Adjustments for decrease (increase) in other non-current assets 1,17,38,963 -5,13,05,381
Adjustments for other financial assets, current 55,05,79,673 -21,36,57,491
Adjustments for increase (decrease) in trade payables, current -189,15,11,809 65,34,03,346
Adjustments for increase (decrease) in other current liabilities 79,00,27,978 540,65,48,101
Adjustments for depreciation and amortisation expense 5,23,60,132 3,20,89,807
Adjustments for provisions, current 1,58,98,452 -2,83,03,900
Adjustments for provisions, non-current 27,75,463 -75,28,286
Adjustments for other financial liabilities, current 502,10,56,244 24,47,42,664
Adjustments for other financial liabilities, non-current 60,24,71,100 -1,02,73,940
Adjustments for unrealised foreign exchange losses gains 90,47,784 -1,86,48,623
Adjustments for dividend income 42,250 33,41,38,281
Adjustments for interest income 328,75,78,228 111,41,41,890
Other adjustments to reconcile profit (loss) -5,26,68,062 -2,55,47,945
Other adjustments for non-cash items -3,56,80,743 75,15,510
Total adjustments for reconcile profit (loss) 849,96,80,760 417,18,35,971
Net cash flows from (used in) operations 842,29,42,588 435,28,99,916
Income taxes paid (refund) 19,72,60,425 26,61,13,899
Other inflows (outflows) of cash 0 0
Net cash flows from (used in) operating activities 822,56,82,163 408,67,86,017
Cash flows from used in investing activities [Abstract]
Proceeds from sales of property, plant and equipment -46,37,20,570 -76,42,21,278
Purchase of investment property 55,56,00,433 22,62,43,226
Dividends received (A) 42,250 (B) 33,41,38,779
Interest received 358,07,04,922 122,47,77,284
Other inflows (outflows) of cash (C) -681,11,60,697 (D) -2,111,75,53,035
Net cash flows from (used in) investing activities -424,97,34,528 -2,054,91,01,476
Cash flows from used in financing activities [Abstract]
Proceeds from issuing shares 3 0
Proceeds from issuing debentures notes bonds etc 50,26,37,800 315,33,34,400
Proceeds from borrowings 1,710,62,61,328 2,135,06,93,659
Repayments of borrowings 1,421,84,67,712 570,37,97,180
Interest paid 733,97,56,447 216,99,70,755
Other inflows (outflows) of cash (E) -5,00,000 (F) 4,06,45,918
Net cash flows from (used in) financing activities -394,98,25,028 1,667,09,06,042
Net increase (decrease) in cash and cash equivalents before effect of
exchange rate changes
2,61,22,607 20,85,90,583
Net increase (decrease) in cash and cash equivalents 2,61,22,607 20,85,90,583
Cash and cash equivalents cash flow statement at end of period 33,74,61,850 31,13,39,243 10,27,48,660
20. 20
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Footnotes
(A) Dividend from Non Current investments : 42250 Dividend Income from Current Investments : 0
(B) Dividend from Non Current investments : 333704211 Dividend Income from Current Investments : 434568
(C) Non Current Financial Asset-Loan : -3049531545 Non Current Other Fiancial Assets : 24049582 Fixed Deposit with Bank :
362406272 Current Asset-Loan : 1445397242 Purchase of Non Current Investments : -6156888357 Sale of non Current Investments :
937154500 PurchaseSale of Current Investments(Net) : -373748391
(D) Non Current Financial Asset-Loan : -7107632858 Non Current Other Fiancial Assets : 19064965 Fixed Deposit with Bank :
-268708742 Current Asset-Loan : -7323297499 Purchase of Non Current Investments : -6638578799 Sale of non Current Investments :
15000 PurchaseSale of Current Investments(Net) : 201584898
(E) Add: Cash and Cash Equivalents of Acquired Companies : -500000
(F) Add: Cash and Cash Equivalents of Acquired Companies : 40645918
[610100] Notes - List of accounting policies
Unless otherwise specified, all monetary values are in INR
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of significant accounting policies [TextBlock]
Textual information (2)
[See below]
A s
Below
Description of accounting policy for foreign currency translation
[TextBlock]
Textual information (3)
[See below]
Textual information (2)
Disclosure of significant accounting policies [Text Block]
Corporate Information
Adani Properties Private Limited (“the Company” ‘APPL’). The company had been incorporated on 25th day of May, 1995 with
Corporate Identification Number (CIN) U45201GJ1995PTC026067. APPL along with its subsidiaries and other group companies (“the
Group”) has main object to let-out and/or lease immovable properties, wholesale trading of commodities and also engaged in the
business of construction, development and lease of properties and financial services and non banking financial services.
21. 21
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Textual information (3)
Description of accounting policy for foreign currency translation [Text Block]
Foreign Currency Transactions
The Company’s financial statements are presented in INR, which is also the parent company’s functional currency. For each entity the
Company determines the functional currency and items included in the financial statements of each entity are measured using that
functional currency.
Transactions and balances
(i) Initial Recognition
Transactions denominated in foreign currencies are recorded at the exchange rates prevailing on the date of the transaction.
(ii) Conversion
At the year end, monetory items denominated in foreign currencies, if any, are converted into Indian Rupee equivalents at exchange rate
prevailing on the balance sheet date.
(iii) Exchange Differencies
Exchange differences arising on settlement or translation of monetary items are recognized in profit or loss.
Exchange differences arising on long-term foreign currency monetary items (including funds used for projects work in progress)
recognised in the financial statements for the year ended March 31, 2016 and related to acquisition of a fixed asset are capitalized and
depreciated over the remaining useful life of the asset.
Exchange differences arising on long-term foreign currency monetary items (including funds used for projects work in progress)
recognised in the financial statements for the year ended March 31, 2016 and related to Real Estate Project expenses are Inventorised
and charged to Profit & Loss Account based on Percentage of complition method.
22. 22
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
[610200] Notes - Corporate information and statement of IndAs compliance
Unless otherwise specified, all monetary values are in INR
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of corporate information notes and other explanatory information
[TextBlock]
Statement of Ind AS compliance [TextBlock]
A s
provided
As provided
Whether there is any departure from Ind AS No No
Whether there are reclassifications to comparative amounts No No
Description of reason why reclassification of comparative amounts is
impracticable
not applicable not applicable
Description of nature of necessary adjustments to provide comparative
information
not applicable not applicable
Disclosure of significant accounting policies [TextBlock]
Textual information (4)
[See below]
A s
Below
Textual information (4)
Disclosure of significant accounting policies [Text Block]
Corporate Information
Adani Properties Private Limited (“the Company” ‘APPL’). The company had been incorporated on 25th day of May, 1995 with
Corporate Identification Number (CIN) U45201GJ1995PTC026067. APPL along with its subsidiaries and other group companies (“the
Group”) has main object to let-out and/or lease immovable properties, wholesale trading of commodities and also engaged in the
business of construction, development and lease of properties and financial services and non banking financial services.
23. 23
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
[610300] Notes - Accounting policies, changes in accounting estimates and errors
Unless otherwise specified, all monetary values are in INR
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of changes in accounting policies, accounting estimates and errors
[TextBlock]
Disclosure of initial application of standards or interpretations
[TextBlock]
Whether initial application of an Ind AS has an effect on the
current period or any prior period
No No
Disclosure of voluntary change in accounting policy [TextBlock]
Whether there is any voluntary change in accounting policy No No
Disclosure of changes in accounting estimates [TextBlock]
Whether there are changes in acounting estimates during the year No No
[400600] Notes - Property, plant and equipment
Disclosure of additional information about property plant and equipment [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Land [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of additional information about
property plant and equipment [Abstract]
Disclosure of additional information about
property plant and equipment [Line items]
Depreciation method, property, plant and
equipment
Refer to child
member
Refer to child member NA NA
Useful lives or depreciation rates, property,
plant and equipment
Refer to child
member
Refer to child member NA NA
Whether property, plant and equipment are
stated at revalued amount
No No No No
Disclosure of additional information about property plant and equipment [Table] ..(2)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Land [Member] Buildings [Member]
Office building
[Member]
Sub classes of property, plant and equipment [Axis]
Owned assets
[Member]
Owned and leased assets [Member]
Owned and leased
assets [Member]
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
01/04/2016
to
31/03/2017
Disclosure of additional information about
property plant and equipment [Abstract]
Disclosure of additional information about
property plant and equipment [Line items]
Depreciation method, property, plant and
equipment
NA
Refer to child
member
Refer to child member
Refer to child
member
Useful lives or depreciation rates, property,
plant and equipment
NA
Refer to child
member
Refer to child member
Refer to child
member
Whether property, plant and equipment are
stated at revalued amount
No No No No
24. 24
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of additional information about property plant and equipment [Table] ..(3)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Office building [Member]
Sub classes of property, plant and equipment [Axis]
Owned and leased
assets [Member]
Owned assets [Member]
01/04/2015
to
31/03/2016
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
Disclosure of additional information about
property plant and equipment [Abstract]
Disclosure of additional information about
property plant and equipment [Line items]
Depreciation method, property, plant and
equipment
Refer to child
member
SLM SLM SLM
Useful lives or depreciation rates, property,
plant and equipment
Refer to child
member
A S P E R
SCHEDULE II
A S P E R
SCHEDULE II
AS PER SCHEDULE
II
Whether property, plant and equipment are
stated at revalued amount
No No No No
Disclosure of additional information about property plant and equipment [Table] ..(4)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Plant and equipment [Member] Factory equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned and leased assets [Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of additional information about
property plant and equipment [Abstract]
Disclosure of additional information about
property plant and equipment [Line items]
Depreciation method, property, plant and
equipment
Refer to child
member
Refer to child member
Refer to child
member
Refer to child member
Useful lives or depreciation rates, property,
plant and equipment
Refer to child
member
Refer to child member
Refer to child
member
Refer to child member
Whether property, plant and equipment are
stated at revalued amount
No No No No
Disclosure of additional information about property plant and equipment [Table] ..(5)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Factory equipments [Member] Vehicles [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member] Owned and leased assets [Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of additional information about
property plant and equipment [Abstract]
Disclosure of additional information about
property plant and equipment [Line items]
Depreciation method, property, plant and
equipment
SLM SLM
Refer to child
member
Refer to child member
Useful lives or depreciation rates, property,
plant and equipment
A S P E R
SCHEDULE II
AS PER SCHEDULE
II
Refer to child
member
Refer to child member
Whether property, plant and equipment are
stated at revalued amount
No No No No
25. 25
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of additional information about property plant and equipment [Table] ..(6)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Motor vehicles [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of additional information about
property plant and equipment [Abstract]
Disclosure of additional information about
property plant and equipment [Line items]
Depreciation method, property, plant and
equipment
Refer to child
member
Refer to child member SLM SLM
Useful lives or depreciation rates, property,
plant and equipment
Refer to child
member
Refer to child member
A S P E R
SCHEDULE II
AS PER SCHEDULE
II
Whether property, plant and equipment are
stated at revalued amount
No No No No
Disclosure of additional information about property plant and equipment [Table] ..(7)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis]
Motor vehicles
[Member]
Office equipment [Member]
Sub classes of property, plant and equipment [Axis]
Owned assets
[Member]
Owned and leased assets [Member]
Owned assets
[Member]
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
01/04/2016
to
31/03/2017
Disclosure of additional information about
property plant and equipment [Abstract]
Disclosure of additional information about
property plant and equipment [Line items]
Depreciation method, property, plant and
equipment
SLM
Refer to child
member
Refer to child member SLM
Useful lives or depreciation rates, property,
plant and equipment
A S P E R
SCHEDULE II
Refer to child
member
Refer to child member
A S P E R
SCHEDULE II
Whether property, plant and equipment are
stated at revalued amount
No No No No
Disclosure of additional information about property plant and equipment [Table] ..(8)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Office equipment [Member] Computer equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member] Owned and leased assets [Member]
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of additional information about
property plant and equipment [Abstract]
Disclosure of additional information about
property plant and equipment [Line items]
Depreciation method, property, plant and
equipment
SLM SLM
Refer to child
member
Refer to child member
Useful lives or depreciation rates, property,
plant and equipment
A S P E R
SCHEDULE II
AS PER SCHEDULE
II
Refer to child
member
Refer to child member
Whether property, plant and equipment are
stated at revalued amount
No No No No
26. 26
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of additional information about property plant and equipment [Table] ..(9)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Computer equipments [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
Disclosure of additional information about property plant and
equipment [Abstract]
Disclosure of additional information about property plant and
equipment [Line items]
Depreciation method, property, plant and equipment SLM SLM SLM
Useful lives or depreciation rates, property, plant and equipment
A S P E R
SCHEDULE II
A S P E R
SCHEDULE II
AS PER SCHEDULE
II
Whether property, plant and equipment are stated at revalued
amount
No No No
Disclosure of detailed information about property, plant and equipment [Table] ..(1)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Property, plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount
[Axis]
Carrying amount [Member]
Gross carrying
amount [Member]
31/03/2017 31/03/2016 31/03/2015
01/04/2016
to
31/03/2017
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
26,46,32,457
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
2,87,01,745
Total disposals and retirements,
property, plant and equipment
2,87,01,745
Total increase (decrease) in property,
plant and equipment
23,59,30,712
Property, plant and equipment at end of
period
183,85,15,055 166,03,53,677 122,04,12,798 194,29,09,789
27. 27
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(2)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Property, plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis]
Gross carrying amount [Member]
Accumulated depreciation and
impairment [Member]
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
50,96,74,651
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
6,33,38,875 4,66,25,400
Total Depreciation property plant and
equipment
6,33,38,875 4,66,25,400
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
2,31,08,372 55,69,541
Total disposals and retirements,
property, plant and equipment
2,31,08,372 55,69,541
Total increase (decrease) in property,
plant and equipment
48,65,66,279 0 5,77,69,334 4,66,25,400
Property, plant and equipment at end of
period
170,69,79,077 122,04,12,798 10,43,94,734 4,66,25,400
28. 28
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(3)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis]
Property, plant and
equipment
[Member]
Land [Member]
Sub classes of property, plant and equipment [Axis]
Owned and leased
assets [Member]
Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount
[Axis]
Accumulated
depreciation and
impairment
[Member]
Carrying amount [Member]
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
98,03,059 37,09,466
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
-27,14,693
Total Depreciation property plant and
equipment
-27,14,693
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
1,62,49,219
Total disposals and retirements,
property, plant and equipment
1,62,49,219
Total increase (decrease) in property,
plant and equipment
0 70,88,366 -1,25,39,753 0
Property, plant and equipment at end of
period
0 83,95,67,528 83,24,79,162 84,50,18,915
29. 29
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(4)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Land [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount
[Axis]
Gross carrying amount [Member]
Accumulated
depreciation and
impairment
[Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
98,03,059 37,09,466
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
27,14,693
Total Depreciation property plant and
equipment
27,14,693
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
1,62,49,219
Total disposals and retirements,
property, plant and equipment
1,62,49,219
Total increase (decrease) in property,
plant and equipment
98,03,059 -1,25,39,753 0 27,14,693
Property, plant and equipment at end of
period
84,22,82,221 83,24,79,162 84,50,18,915 27,14,693
30. 30
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(5)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Land [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis]
Accumulated depreciation and
impairment [Member]
Carrying amount [Member]
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
98,03,059 37,09,466
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
-27,14,693
Total Depreciation property plant and
equipment
-27,14,693
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
1,62,49,219
Total disposals and retirements,
property, plant and equipment
1,62,49,219
Total increase (decrease) in property,
plant and equipment
0 0 70,88,366 -1,25,39,753
Property, plant and equipment at end of
period
0 0 83,95,67,528 83,24,79,162
Disclosure of detailed information about property, plant and equipment [Table] ..(6)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Land [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount
[Axis]
Carrying amount
[Member]
Gross carrying amount [Member]
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
98,03,059 37,09,466
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
1,62,49,219
Total disposals and retirements,
property, plant and equipment
1,62,49,219
Total increase (decrease) in property,
plant and equipment
0 98,03,059 -1,25,39,753 0
Property, plant and equipment at end of
period
84,50,18,915 84,22,82,221 83,24,79,162 84,50,18,915
31. 31
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(7)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Land [Member]
Buildings
[Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Owned and leased
assets [Member]
Carrying amount accumulated depreciation and gross carrying amount
[Axis]
Accumulated depreciation and impairment [Member]
Carrying amount
[Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
2,38,66,751
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
27,14,693 -73,20,555
Total Depreciation property plant and
equipment
27,14,693 -73,20,555
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
21,858
Total disposals and retirements,
property, plant and equipment
21,858
Total increase (decrease) in property,
plant and equipment
27,14,693 0 0 1,65,24,338
Property, plant and equipment at end of
period
27,14,693 0 0 61,68,94,346
32. 32
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(8)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Buildings [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis]
Carrying amount [Member] Gross carrying amount [Member]
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
43,87,37,914 2,38,66,751 43,87,37,914
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
-59,15,490
Total Depreciation property plant and
equipment
-59,15,490
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
67,88,450 1,00,000 67,88,450
Total disposals and retirements,
property, plant and equipment
67,88,450 1,00,000 67,88,450
Total increase (decrease) in property,
plant and equipment
42,60,33,974 0 2,37,66,751 43,19,49,464
Property, plant and equipment at end of
period
60,03,70,008 17,43,36,034 63,00,52,249 60,62,85,498
33. 33
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(9)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Buildings [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount
[Axis]
Gross carrying
amount [Member]
Accumulated depreciation and impairment [Member]
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
73,20,555 59,15,490
Total Depreciation property plant and
equipment
73,20,555 59,15,490
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
78,142
Total disposals and retirements,
property, plant and equipment
78,142
Total increase (decrease) in property,
plant and equipment
0 72,42,413 59,15,490 0
Property, plant and equipment at end of
period
17,43,36,034 1,31,57,903 59,15,490 0
34. 34
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(10)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Buildings [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount
[Axis]
Gross carrying amount [Member]
Accumulated
depreciation and
impairment
[Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
2,38,66,751 43,87,37,914
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
73,20,555
Total Depreciation property plant and
equipment
73,20,555
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
1,00,000 67,88,450 78,142
Total disposals and retirements,
property, plant and equipment
1,00,000 67,88,450 78,142
Total increase (decrease) in property,
plant and equipment
2,37,66,751 43,19,49,464 0 72,42,413
Property, plant and equipment at end of
period
63,00,52,249 60,62,85,498 17,43,36,034 1,31,57,903
35. 35
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(11)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Buildings [Member] Office building [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis]
Accumulated depreciation and
impairment [Member]
Carrying amount [Member]
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
2,38,66,751 43,87,37,914
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
59,15,490 -73,20,555 -59,15,490
Total Depreciation property plant and
equipment
59,15,490 -73,20,555 -59,15,490
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
21,858 67,88,450
Total disposals and retirements,
property, plant and equipment
21,858 67,88,450
Total increase (decrease) in property,
plant and equipment
59,15,490 0 1,65,24,338 42,60,33,974
Property, plant and equipment at end of
period
59,15,490 0 61,68,94,346 60,03,70,008
Disclosure of detailed information about property, plant and equipment [Table] ..(12)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Office building [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount
[Axis]
Carrying amount
[Member]
Gross carrying amount [Member]
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
2,38,66,751 43,87,37,914
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
1,00,000 67,88,450
Total disposals and retirements,
property, plant and equipment
1,00,000 67,88,450
Total increase (decrease) in property,
plant and equipment
0 2,37,66,751 43,19,49,464 0
Property, plant and equipment at end of
period
17,43,36,034 63,00,52,249 60,62,85,498 17,43,36,034
36. 36
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(13)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Office building [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Owned assets
[Member]
Carrying amount accumulated depreciation and gross carrying amount
[Axis]
Accumulated depreciation and impairment [Member]
Carrying amount
[Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
2,38,66,751
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
73,20,555 59,15,490 -73,20,555
Total Depreciation property plant and
equipment
73,20,555 59,15,490 -73,20,555
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
78,142 21,858
Total disposals and retirements,
property, plant and equipment
78,142 21,858
Total increase (decrease) in property,
plant and equipment
72,42,413 59,15,490 0 1,65,24,338
Property, plant and equipment at end of
period
1,31,57,903 59,15,490 0 61,68,94,346
37. 37
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(14)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Office building [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis]
Carrying amount [Member] Gross carrying amount [Member]
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
43,87,37,914 2,38,66,751 43,87,37,914
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
-59,15,490
Total Depreciation property plant and
equipment
-59,15,490
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
67,88,450 1,00,000 67,88,450
Total disposals and retirements,
property, plant and equipment
67,88,450 1,00,000 67,88,450
Total increase (decrease) in property,
plant and equipment
42,60,33,974 0 2,37,66,751 43,19,49,464
Property, plant and equipment at end of
period
60,03,70,008 17,43,36,034 63,00,52,249 60,62,85,498
38. 38
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(15)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Office building [Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount
[Axis]
Gross carrying
amount [Member]
Accumulated depreciation and impairment [Member]
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
73,20,555 59,15,490
Total Depreciation property plant and
equipment
73,20,555 59,15,490
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
78,142
Total disposals and retirements,
property, plant and equipment
78,142
Total increase (decrease) in property,
plant and equipment
0 72,42,413 59,15,490 0
Property, plant and equipment at end of
period
17,43,36,034 1,31,57,903 59,15,490 0
39. 39
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(16)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying amount
[Axis]
Carrying amount [Member]
Gross carrying
amount [Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
5,28,97,005 2,13,68,695 5,28,97,005
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
-1,62,99,326 -1,48,61,180
Total Depreciation property plant and
equipment
-1,62,99,326 -1,48,61,180
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
2,15,00,278 2,59,68,728
Total disposals and retirements,
property, plant and equipment
2,15,00,278 2,59,68,728
Total increase (decrease) in property,
plant and equipment
1,50,97,401 65,07,515 0 2,69,28,277
Property, plant and equipment at end of
period
15,80,62,396 14,29,64,995 13,64,57,480 18,47,54,452
40. 40
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(17)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis]
Gross carrying amount [Member]
Accumulated depreciation and
impairment [Member]
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
2,13,68,695
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
1,62,99,326 1,48,61,180
Total Depreciation property plant and
equipment
1,62,99,326 1,48,61,180
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
44,68,450
Total disposals and retirements,
property, plant and equipment
44,68,450
Total increase (decrease) in property,
plant and equipment
2,13,68,695 0 1,18,30,876 1,48,61,180
Property, plant and equipment at end of
period
15,78,26,175 13,64,57,480 2,66,92,056 1,48,61,180
41. 41
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(18)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Plant and equipment [Member]
Sub classes of property, plant and equipment [Axis]
Owned and leased
assets [Member]
Owned assets [Member]
Carrying amount accumulated depreciation and gross carrying amount
[Axis]
Accumulated
depreciation and
impairment
[Member]
Gross carrying amount [Member]
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
5,28,97,005 2,13,68,695
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
2,59,68,728
Total disposals and retirements,
property, plant and equipment
2,59,68,728
Total increase (decrease) in property,
plant and equipment
0 2,69,28,277 2,13,68,695 0
Property, plant and equipment at end of
period
0 18,47,54,452 15,78,26,175 13,64,57,480
42. 42
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(19)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Plant and equipment [Member]
Other plant and
equipment
[Member]
Sub classes of property, plant and equipment [Axis] Owned assets [Member]
Owned and leased
assets [Member]
Carrying amount accumulated depreciation and gross carrying amount
[Axis]
Accumulated depreciation and impairment [Member]
Carrying amount
[Member]
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
5,28,97,005
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
1,62,99,326 1,48,61,180 -1,62,99,326
Total Depreciation property plant and
equipment
1,62,99,326 1,48,61,180 -1,62,99,326
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
44,68,450 2,15,00,278
Total disposals and retirements,
property, plant and equipment
44,68,450 2,15,00,278
Total increase (decrease) in property,
plant and equipment
1,18,30,876 1,48,61,180 0 1,50,97,401
Property, plant and equipment at end of
period
2,66,92,056 1,48,61,180 0 15,80,62,396
43. 43
ADANI PROPERTIES PRIVATE LIMITED Consolidated Financial Statements for period 01/04/2016 to 31/03/2017
Disclosure of detailed information about property, plant and equipment [Table] ..(20)
Unless otherwise specified, all monetary values are in INR
Classes of property, plant and equipment [Axis] Other plant and equipment [Member]
Sub classes of property, plant and equipment [Axis] Owned and leased assets [Member]
Carrying amount accumulated depreciation and gross carrying
amount [Axis]
Carrying amount [Member] Gross carrying amount [Member]
01/04/2015
to
31/03/2016
31/03/2015
01/04/2016
to
31/03/2017
01/04/2015
to
31/03/2016
Disclosure of detailed information about property,
plant and equipment [Abstract]
Disclosure of detailed information about
property, plant and equipment [Line items]
Reconciliation of changes in property, plant
and equipment [Abstract]
Changes in property, plant and equipment
[Abstract]
Additions other than through business
combinations, property, plant and
equipment
2,13,68,695 5,28,97,005 2,13,68,695
Depreciation, property, plant and
equipment [Abstract]
Depreciation recognised in profit or
loss
-1,48,61,180
Total Depreciation property plant and
equipment
-1,48,61,180
Disposals and retirements, property,
plant and equipment [Abstract]
Disposals, property, plant and
equipment
2,59,68,728
Total disposals and retirements,
property, plant and equipment
2,59,68,728
Total increase (decrease) in property,
plant and equipment
65,07,515 0 2,69,28,277 2,13,68,695
Property, plant and equipment at end of
period
14,29,64,995 13,64,57,480 18,47,54,452 15,78,26,175