Balance Sheet as at 31 March 2012 Shoppers Stop Ltd.

(All amounts in lacs)

Notes Mar-12 Mar-11

EQUITY AND LIABILITIES
SHAREHOLDERS FUNDS
Share capital 3 4,128.11 4,108.34
Reserves and surplus 4 61,721.66 55,701.88
65,849.77 59,810.22
NON CURRENT LIABILITIES
Long-term borrowings 5 3,500.00
Deferred tax liabilities (net) 6 23.48
Long-term provisions 7 181.62 140.47
3,705.10 140.47
CURRENT LIABILITIES
Short-term borrowings 8 18,406.87 12,548.95
Trade payables 9 24,622.74 21,656.71
Other current liabilities 10 12,958.71 9,959.75
Short-term provisions 11 746.46 725.76
56,734.78 44,891.17
126,289.65 104,841.86
ASSETS
NON CURRENT ASSETS
Fixed assets
Tangible assets 12 40,618.34 30,218.62
Intangible assets 12 1,063.34 995.61
Capital work in progress 2,977.07 3,346.39
44,658.75 34,560.62
Non-current investments 13 28,421.29 23,719.34
Deferred tax asset (net) 6 325.00
Long-term loans and advances 14 25,028.65 24,978.29
98,108.69 83,583.25
CURRENT ASSETS
Inventories 15 21,204.01 15,113.66
Trade Receivables 16 1,916.92 1,600.63
Cash and cash equivalents 17 714.62 262.18
Short-term Loans and advances 18 4,012.47 3,894.82
Other current assets 19 332.94 387.32
28,180.96 21,258.61
126,289.65 104,841.86
The accompanying notes 1 to 41 are an integral part of the financial statements.

In terms of our report of even date. For and on behalf of the Board of Directors
For Deloitte Haskins & Sells C. L. Raheja Ravi Raheja Govind S. Shrikhande
Chartered Accountants Chairman Director Customer Care Associate &
Managing Director
Shyamak R. Tata Sanjay Chakravarti Prashant Mehta
Partner Customer Care Associate & Customer Care Associate &
Mumbai, Dated: 30 April, 2012 Chief Financial Officer Company Secretary &
Mumbai, Dated: 30 April, 2012 Vice President - Legal

Annual Report 2011-12 | 70