Financial ReportsLarsen and

Toubro

Company BackgroundLarsen & 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. 

DiversificationConstructionHydrocarbonHeavy Engineering Power ProjectsElectrical & AutomationMachinery and Industrial ProductsIT & Engineering ServicesFinancial ServicesInfrastructure ProjectsShip Building & Railway Projects

Corporate AddressL & T House , Ballard Estate, Mumbai-

400001, Maharashtrawww.larsentoubro.com

Sources of loan

Long Term Borrowing (Secured)Particulars

Secured (Cr)

Unsecured(Cr)

Interest Maturity Conditions

Redeemable non convertible Fixed rate debentures

400 9.15 % P.A Annually

10 Year Face Value 10,00,000 Redeemable at the face value at the end of 10 year

Redeemable 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 allotment

Face Value 10,00,000 Redeemable at the face value at the end of 10 year

Long Term Borrowing(Unsecured)

Short Term Borrowings

Sources of funds CapitalReserve & SurplusLong Term Borrowings/LiabilitiesOther long term liabilitiesShort Term BorrowingsCurrent Maturities of Long Term Liabilities

Proportion of Various SourcesCapital (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 % )

Internal FundingInternal Funding includes all the funds

generated by company from all the internal sources

Basically it includes Reserve and CapitalReserve 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

Dividend PolicyThe 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.

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

Dividends Declared

Reference http://www.debtsteps.com/debt-consolidation-

loans.htmlhttp://www.larsentoubro.com/lntcorporate/co

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