Notes to the consolidated financial statements
2. Notes to the consolidated financial statements
2.1 Cash and cash equivalents
Cash and cash equivalents consist of the following :
in 
crore
As of March 31, |
||
2011 |
2010 |
|
Cash and bank deposits |
15,095 |
10,556 |
Deposits with corporations |
1,571 |
1,555 |
16,666 |
12,111 |
|
Cash and cash equivalents as of March 31, 2011 and March 31, 2010 include restricted cash and bank balances of 108 crore and 71 crore respectively. The restrictions are primarily on account of cash and bank balances held by irrevocable trusts controlled by the Company and unclaimed dividends.
The deposits maintained by the Group with banks and corporations comprise of time deposits, which can be withdrawn by the Group at any point without prior notice or penalty on the principal.
The following table provides details of cash and cash equivalents :
in crore
As of March 31, |
||
2011 |
2010 |
|
Current Accounts |
||
ABN Amro Bank, China |
17 |
33 |
ABN Amro Bank, China (U.S. dollar account) |
24 |
14 |
ABN Amro Bank, Taiwan |
3 |
2 |
Bank of America, Mexico |
4 |
18 |
Bank of America, U.S. |
296 |
686 |
Banamex, Mexico |
2 |
2 |
China Merchants Bank, China |
– |
1 |
Citibank NA, Australia |
61 |
25 |
Citibank NA, Brazil |
5 |
9 |
Citibank NA, China (U.S. dollar account) |
11 |
– |
Citibank NA, Czech Republic (Euro account) |
– |
2 |
Citibank NA, Czech Republic (U.S. dollar account) |
– |
– |
Citibank NA., Czech Republic |
1 |
– |
Citibank NA, New Zealand |
2 |
1 |
Citibank NA, Japan |
17 |
2 |
Citibank NA, India |
2 |
2 |
Citibank NA, India, Unclaimed dividend account |
1 |
– |
Citibank NA, Thailand |
1 |
1 |
Deustche Bank, India |
12 |
13 |
Deutsche Bank, Czech Republic |
1 |
– |
Deutsche Bank, Belgium |
5 |
18 |
Deutsche Bank, Poland |
– |
2 |
Deutsche Bank, France |
3 |
1 |
Deutsche Bank, Germany |
5 |
12 |
Deutsche Bank, Moscow (U.S. dollar account) |
– |
1 |
Deutsche Bank, Netherlands |
2 |
7 |
Deustche Bank, Philippines |
1 |
– |
Deustche Bank, Philippines (U.S. dollar account) |
1 |
3 |
Deutsche Bank, Poland |
1 |
– |
Deustche Bank, Poland (Euro account) |
2 |
1 |
Deutsche Bank, Spain |
1 |
1 |
Deutsche Bank, Singapore |
3 |
1 |
Deutsche Bank, Switzerland |
1 |
10 |
Deutsche Bank, Switzerland (U.S. dollar account) |
– |
1 |
Deustche Bank, Thailand |
– |
3 |
Deustche Bank, Thailand (U.S. dollar account) |
– |
1 |
Deutsche Bank, United Kingdom |
40 |
29 |
Deustche Bank – EEFC (Euro account) |
8 |
3 |
Deutsche Bank – EEFC (United Kingdom Pound Sterling account) |
– |
1 |
Deustche Bank – EEFC (Swiss Franc account) |
2 |
– |
Deustche Bank – EEFC (U.S. dollar account) |
143 |
8 |
HSBC Bank, U.K. |
10 |
2 |
HDFC Bank – Unclaimed dividend account |
1 |
1 |
ICICI Bank, India |
32 |
133 |
ICICI Bank, U.K. |
1 |
1 |
ICICI Bank – EEFC (Euro account) |
– |
1 |
ICICI Bank – EEFC (United Kingdom Pound Sterling account) |
1 |
2 |
ICICI Bank – EEFC (U.S. dollar account) |
22 |
10 |
ICICI bank – Unclaimed dividend account |
1 |
1 |
National Australia Bank Limited, Australia |
1 |
21 |
National Australia Bank Limited, Australia (U.S. dollar account) |
– |
14 |
Nordbanken, Sweden |
5 |
1 |
Royal Bank of Canada, Canada |
23 |
20 |
Shanghai Pudong Development Bank, China |
2 |
– |
Wachovia Bank, U.S. |
– |
7 |
777 |
1,128 |
|
Deposit Accounts |
||
ABN Amro Bank, China |
14 |
– |
Andhra Bank |
399 |
99 |
Allahabad Bank |
561 |
150 |
Axis Bank |
536 |
– |
Bank of America |
82 |
– |
Bank of America, Mexico |
17 |
– |
Bank of Baroda |
1,100 |
299 |
Bank of India |
1,197 |
881 |
Bank of Maharashtra |
506 |
500 |
Barclays Bank |
– |
100 |
Canara Bank |
1,329 |
963 |
Central Bank of India |
354 |
100 |
Corporation Bank |
295 |
276 |
Citibank NA, Czech Republic |
5 |
9 |
Citibank NA, Czech Republic, |
1 |
– |
Citibank (Euro account) |
– |
3 |
Citibank (U.S. dollar account) |
– |
4 |
Citibank Brazil |
3 |
– |
Deustche Bank, Poland |
21 |
8 |
DBS Bank |
– |
49 |
HDFC Bank |
646 |
– |
HSBC Bank |
– |
483 |
HSBC Bank, U.K. |
18 |
– |
ICICI Bank |
788 |
1,435 |
IDBI Bank |
770 |
909 |
ING Vysya Bank |
– |
25 |
Indian Overseas Bank |
518 |
140 |
Jammu and Kashmir Bank |
12 |
10 |
Kotak Mahindra Bank |
25 |
61 |
National Australia Bank Limited, Australia |
546 |
312 |
Nordbanken, Sweden |
1 |
– |
Oriental Bank of Commerce |
653 |
100 |
Punjab National Bank |
1,493 |
994 |
South Indian Bank |
50 |
– |
State Bank of Hyderabad |
255 |
233 |
State Bank of India |
457 |
126 |
State Bank of Mysore |
354 |
496 |
Syndicate Bank |
504 |
475 |
Union Bank of India |
631 |
93 |
Vijaya Bank |
144 |
95 |
Yes Bank |
33 |
– |
14,318 |
9,428 |
|
Deposits with corporations |
||
HDFC Limited |
1,571 |
1,551 |
Sundaram BNP Paribas Home Finance Limited |
– |
4 |
1,571 |
1,555 |
|
Total |
16,666 |
12,111 |