VSE Capital Markets

Balance Sheet

Hero MotoCorp Ltd

NSE : HEROMOTOCOBSE : 500182ISIN CODE : INE158A01026Industry : Automobiles - Motorcycles / Mopeds

	Mar 2019	Mar 2018	Mar 2017	Mar 2016	Mar 2015
SOURCES OF FUNDS :
Share Capital	39.95	39.94	39.94	39.94	39.94
Reserves Total	12817.17	11728.94	10071.35	8794.47	6501.39
Equity Share Warrants	0.00	0.00	0.00	0.00	0.00
Equity Application Money	0.00	0.00	0.00	0.00	0.00
Total Shareholders Funds	12857.12	11768.88	10111.29	8834.41	6541.33
Secured Loans	0.00	0.00	0.00	0.00	0.00
Unsecured Loans	0.00	0.00	0.00	0.00	0.00
Total Debt	0.00	0.00	0.00	0.00	0.00
Other Liabilities	117.20	114.94	75.30	67.60	96.95
Total Liabilities	12974.32	11883.82	10186.59	8902.01	6638.28
APPLICATION OF FUNDS :
Gross Block	11628.23	11134.41	10377.22	9126.33	8114.03
Less : Accumulated Depreciation	7009.65	6479.87	5981.63	5541.98	5201.34
Less:Impairment of Assets	0.00	0.00	0.00	0.00	0.00
Net Block	4618.58	4654.54	4395.59	3584.35	2912.69
Lease Adjustment	0.00	0.00	0.00	0.00	0.00
Capital Work in Progress	541.86	318.39	465.05	605.40	712.55
Producing Properties	0.00	0.00	0.00	0.00	0.00
Investments	5968.61	7525.20	5889.85	4581.02	3154.11
Current Assets, Loans & Advances
Inventories	1072.37	823.58	656.31	672.98	815.49
Sundry Debtors	2821.57	1520.18	1561.87	1282.80	1389.59
Cash and Bank	136.46	141.34	136.73	131.36	159.25
Loans and Advances	918.14	771.96	557.42	594.97	627.47
Total Current Assets	4948.54	3257.06	2912.33	2682.11	2991.80
Less : Current Liabilities and Provisions
Current Liabilities	4071.33	4283.53	4054.32	3418.66	3149.36
Provisions	59.03	59.79	39.01	29.66	734.06
Total Current Liabilities	4130.36	4343.32	4093.33	3448.32	3883.42
Net Current Assets	818.18	-1086.26	-1181.00	-766.21	-891.62
Miscellaneous Expenses not written off	0.00	0.00	0.00	0.00	0.00
Deferred Tax Assets	64.61	66.02	62.45	57.72	79.85
Deferred Tax Liability	601.12	577.68	476.79	280.25	6.31
Net Deferred Tax	-536.51	-511.66	-414.34	-222.53	73.54
Other Assets	1563.60	983.61	1031.44	1119.98	677.01
Total Assets	12974.32	11883.82	10186.59	8902.01	6638.28
Contingent Liabilities	104.14	104.14	104.47	0.00	4.09

3rd Floor,Fortune Tower,Sayajigunj, Vadodara 390020, Gujarat, India

Telephone: +91 265 2361534

Customer Care Number: +91 265 2361474

Customer Care Timings: Monday to Friday 8:30am to 6:15pm

Email Address: vse@vselindia.com / compliance@vselindia.com

Attention Investors:

"Prevent Unauthorized transactions in your account --> Update your mobile numbers/email IDs with your stock brokers. Receive information of your transactions directly from Exchange on your mobile/email at the end of the day .......... Issued in the interest of investors
No need to issue cheques by investors while subscribing to IPO. Just write the bank account number and sign in the application form to authorize your bank to make payment in case of allotment. No worries for refund as the money remains in investor's account.
KYC is one time exercise while dealing in securities market - once KYC is done through a SEBI registered intermediary (broker , DP, Mutual Fund etc.), you need not undergo the same process again when you approach another intermediary.

For any complaints pertaining to securities broking please write to compliance@vselindia.com, for DP related to dp@vselindia.com. Please ensure you carefully read the Risk Disclosure Document as prescribed by SEBI.

Investment in securities market are subject to market risk, read all related documents carefully before investing. Digital account would be opened after all procedure relating to IPV and client due diligence is completed.