Financial Reports of L&T

1. Larsen and Toubro

2. Company Background
 Larsen & Toubro Limited (L&T) is India's largest
engineering, construction, manufacturing
and technology conglomerate with additional interests
in electrical & automation, Information Technology
and other diversified business.
 L&T has an international presence, with a global
spread of offices. A thrust on international business
has seen overseas earnings grow significantly. It
continues to grow its global footprint, with offices and
manufacturing facilities in multiple countries.

3. Diversification
 Construction
 Hydrocarbon
 Heavy Engineering
 Power Projects
 Electrical & Automation
 Machinery and Industrial Products
 IT & Engineering Services
 Financial Services
 Infrastructure Projects
 Ship Building & Railway Projects

4. Corporate Address
 L & T House , Ballard Estate, Mumbai-400001,
Maharashtra
www.larsentoubro.com

5. Sources of loan

6. Long Term Borrowing (Secured)
Particular
s
Secured
(Cr)
Unsecured
(Cr)
Interest Maturity Condition
s
Redeemabl
e non
convertible
Fixed rate
debentures
400 9.15 % P.A
Annually
10 Year Face Value
10,00,000
Redeemabl
e at the face
value at the
end of 10
year
Redeemabl
e non
convertible
Fixed rate
debentures
500 11.45 % P.A
Annually
10 Year but
the
company
has call
option to
redeem
debenture
at the end
of 5 year
from the
date of
Face Value
10,00,000
Redeemabl
e at the face
value at the
end of 10
year

7. Long Term Borrowing(Unsecured)

9. Short Term Borrowings

10. Sources of funds
 Capital
 Reserve & Surplus
 Long Term Borrowings/Liabilities
 Other long term liabilities
 Short Term Borrowings
 Current Maturities of Long Term Liabilities

11. Proportion of Various Sources
 Capital (0.31 % )
 Reserve & Surplus (75.41 % )
 Long Term Borrowings/Liabilities (18.89 %)
 Other long term liabilities ( 1.30 % )
 Short Term Borrowings ( 1.90 %)
 Current Maturities of Long Term Liabilities (2.15 % )

12. Internal Funding
 Internal Funding includes all the funds generated by
company from all the internal sources
 Basically it includes Reserve and Capital
 Reserve and Capital are 29019.64 Cr. and the total
funds generated by the company is 72174.21 Cr.
 They are depending 40.20% on the internal funding

13. Dividend Policy
 The Directors recommend payment of final dividend
of 18.50 per equity share of 2 each on the number of
shares outstanding as on the record date. Provision for
final dividend has been made in the books of account
for 61,53,85,981 equity shares outstanding as at March
31, 2013 amounting to 1138.47 crore.
 The Company sends letters to all shareholders whose
dividends are unclaimed so as to ensure that they
receive their rightful dues.

14. Contd..
 Other income for the year 2012-13 amounted to 1851
crore as against 1338 crore for the previous year. It
includes profit of 219 crore on sale of certain surplus
properties.
 Dividends from Group companies during the year
2012-13 amounted to 585 crore. The short term
investments made in low risk securities yielded
income at 575 crore for the year

15. Dividends Declared

16. Reference
 http://www.debtsteps.com/debt-consolidation-
loans.html
 http://www.larsentoubro.com/lntcorporate/common/
ui_templates/HtmlContainer.aspx?res=P_CORP_CINV
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