 |
|
| March 12 |
|
| BALANCE SHEET AS AT MARCH 31, 2012 |
| (As per Revised Schedule VI format) |
| |
|
Rs. in Crores |
| As at |
31-Mar-12 |
31-Mar-11 |
| EQUITY AND LIABILITIES |
|
|
| |
|
|
| SHAREHOLDERS FUNDS |
|
|
| Share Capital |
295.39 |
293.37 |
| Reserves and Surplus |
18,722.19 |
17,023.14 |
| |
19,017.58 |
17,316.51 |
| |
|
|
| NON-CURRENT LIABILITIES |
|
|
Long Term Borrowings
|
74,837.74 |
61,485.86 |
Other Long Term Liabilities
|
1,038.37 |
605.94 |
| Long Term Provisions |
1,502.44 |
1,120.18 |
| |
77,378.55 |
63,211.98 |
| |
|
|
| |
|
|
| CURRENT LIABILITIES |
|
|
| Short Term Borrowings |
21,146.24 |
21,208.01 |
| Trade Payables |
178.72 |
75.76 |
| Other Current Liabilities - Borrowings |
43,143.52 |
32,418.43 |
| Other Current Liabilities - Others |
4,084.80 |
2,927.33 |
| Short Term Provisions |
2,570.53 |
2,084.34 |
| |
71,123.81 |
58,713.87 |
| |
167,519.94 |
139,242.36 |
| |
|
|
| ASSETS |
|
|
| NON-CURRENT ASSETS |
|
|
| Fixed Assets |
|
|
(i) Tangible Assets
(ii) Intangible Assets
|
232.48
1.47
|
231.85
2.10 |
| |
233.95 |
233.95 |
| |
|
|
| NON-CURRENT INVESTMENTS |
12,011.56 |
11,303.42 |
| |
|
|
| DEFERRED TAX ASSET (Net) |
628.20 |
448.12 |
| |
|
|
| LONG TERM LOANS AND ADVANCES |
|
|
Loans
|
125,532.65 |
101,167.48 |
| Others |
1,893.49 |
606.85 |
| |
127,426.14 |
101,774.33 |
| |
|
|
| OTHER NON CURRENT ASSETS |
1,058.03 |
364.54 |
| |
|
|
| CURRENT ASSETS |
|
|
| Current Investments |
195.44 |
529.00 |
Trade Receivable
|
60.21 |
1.27 |
| Cash and Cash equivalents |
5,472.85 |
6,130.03 |
| Short term Loans and Advances |
|
|
| -Loans |
14,889.04 |
15,638.71 |
-Others
|
5,071.92 |
2,332.39 |
| Other Current Assets |
472.60 |
486.60 |
| |
26,162.06 |
25,118.00 |
| |
167,519.94 |
139,242.36 |
| |
|
|
| |
31-Mar-12 |
31-Mar-11 |
* Excludes loans securitised - on which spread is
earned over the life of the loan
Loans sold during the last 12 months |
14,556
4,978 |
12,147
4,379 |
| |
|
|
| 1 Crore = 10 Million |
|
|
| |
|
| PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDED MARCH 31, 2012 |
| |
|
Rs. in crores |
| |
2011-12 |
2010-11 |
Income from Operations
|
17,062.75 |
12,493.19 |
Interest and Other Charges
|
11,156.78 |
7,559.94 |
| NET INTEREST INCOME |
5,905.97 |
4,933.25 |
| |
|
|
Add
|
|
|
Profit on Sale of investments
|
270.19 |
359.74 |
| Other Income |
21.34 |
25.14 |
| |
291.53 |
384.88 |
| |
|
|
| Less Non Interest Expenses |
|
|
| Staff Expenses |
205.79 |
175.53 |
| Establishment Expenses |
52.57 |
44.65 |
| Other Expenses |
172.98 |
141.79 |
| Depreciation and Amortisation |
20.54 |
19.20 |
| Provision for Contingencies |
80.00 |
70.00 |
| |
531.88 |
451.17 |
| |
|
|
| Profit Before Tax |
5,665.62 |
4,866.96 |
| Less : Provision for Tax |
1,543.00 |
1,332.00 |
PROFIT AFTER TAX AVAILABLE FOR APPROPRIATION
|
4,122.62 |
3,534.96 |
| |
|
|
| APPROPRIATIONS |
|
|
| Special Reserve |
730.00 |
625.00 |
Additional Reserve (u/s 29C of the NHB Act)
|
620.00 |
530.00 |
General Reserve
|
870.87 |
816.40 |
| Shelter Assistance Reserve |
15.00 |
12.00 |
| Proposed Dividend (Rs. 11 per share of face value of Rs. 2 each) |
1,624.67 |
1,320.20 |
| Additional Tax on Proposed Dividend |
263.56 |
214.17 |
Additional Tax on Dividend
|
(4.66) |
1.07 |
Dividend pertaining to Previous Year paid during the year
|
3.18 |
16.12 |
| |
4,122.62 |
3,534.96 |
| 1 Crore = 10 Million |
|
|
| |
|
HOUSING DEVELOPMENT FINANCE CORPORATION LIMITED
HIGHTLIGHTS |
| |
|
Rs. in crores |
| |
2011-12 |
2010-11 |
Loan Approvals
|
|
|
Current Year
|
90,154 |
75,185 |
| Cumulative |
463,400 |
373,246 |
| |
|
|
Loan Disbursements
|
|
|
Current Year
|
71,113 |
60,314 |
| Cumulative |
373,646 |
302,533 |
| |
|
|
| Spread on Loans |
2.27% |
2.33% |
| |
|
|
| Net Interest Margin |
4.4% |
4.4% |
| |
|
|
Proposed dividend per share (Rs)(face value of Rs 2 per
share)
|
11.00 |
9.00 |
| |
|
|
Book Value per Share (Rs)
|
129 |
118 |
Adjusted Book Value - adjusted for unrealised gain on
investments (Rs) |
294 |
264 |
| |
|
|
Earnings Per Share
|
|
|
Basic (Rs)
|
27.97 |
24.18 |
| Diluted (Rs) |
27.54 |
23.66 |
| |
|
|
Capital adequacy ratio
of which Tier I
Tier II |
14.6%
11.7%
2.9% |
14.0%
12.2%
1.8% |
|
|
|
Non performing loans
|
0.74% |
0.77% |
Non performing loans (six months over due)
|
0.44% |
0.46% |
| Write offs |
25.40 |
19.75 |
| |
|
|
Provision for Contingencies
|
1,218.09 |
803.94 |
Provision for non performing loans
|
452.89 |
320.43 |
| Total Provisions |
1,670.98 |
1,124.37 |
| |
|
|
INCOME FROM OPERATIONS
|
|
|
Interest on loans
|
15,353.22 |
11,244.57 |
Other Interest
|
801.89 |
562.43 |
Surplus from Deployment in Cash Management Schemes
of Mutual Funds
|
319.78 |
217.53 |
Dividend Income
|
309.66 |
225.24 |
Fees and Other Charges
|
268.37 |
220.36 |
| Other Operating Income |
9.83 |
23.06 |
| |
17,062.75 |
12,493.19 |
| |
|
|
| INTEREST AND OTHER CHARGES |
|
|
INTEREST
Loans
|
3,141.10 |
2,427.99 |
Deposits
|
2,964.51 |
2,031.97 |
Bonds and Debentures
|
4,987.75 |
3,038.88 |
| |
11,093.36 |
7,498.84 |
OTHER CHARGES
|
63.42 |
61.10 |
| |
11,156.78 |
7,559.94 |
| |
|
|
INVESTMENTS
|
|
|
Equity Shares - Subsidiaries & Associate Companies
|
8,181.42 |
7,935.12 |
Equity Shares - Other Companies
|
877.44 |
909.54 |
Convertible Preference Shares
|
65.50 |
81.15 |
Preference Shares
|
5.99 |
5.99 |
Convertible Debentures
|
2.00 |
2.00 |
Debentures and Bonds
|
361.33 |
262.62 |
Pass Through Certificates and Security Receipts
|
80.42 |
85.85 |
Commercial Paper
|
- |
446.49 |
Properties
|
144.17 |
148.08 |
Government Securities
|
1,779.61 |
1,277.91 |
| Mutual Funds and Other Funds |
772.64 |
734.50 |
|
12,270.52 |
11,889.25 |
| Less: Provision for Diminution in Value of Investments |
63.52 |
56.85 |
| |
12,207.00 |
11,832.40 |
| |
|
|
Unrealised gains on listed investments including HDFC
Investments Limited |
24,463.71 |
21,391.72 |
| |
|
|
| 1 Crore = 10 Million |
|
|
|
|
