Performance of TIS Group Companies (FY 05-06)

Table-4.3: TIS Group details

Name of the company

% share held
by Tata
Steel

Original cost of investment
(Rs. Million)
Goodwill (capital reserve)
(Rs. Million)
 
Accumulated profit (loss) for the year ended 31.03.06
(Rs. Million)
Carrying amount of investments on 31.03.06
(Rs. Million)
Jamshedpur Injection Powder Ltd. 30.00 33.8 0.1 74.0 107.8
NatSteel Vina Co. Ltd. 33.90 12000 - - -
Southern NatSteel (Xiamen) Ltd. 50.00 - - - -
Southern Steel Berhad 27.05 1001.3 - 118.4 882.9
Tata Metaliks Limited 47.65 161.5 32.9 556.2 717.7
Tata Sponge Iron Limited 39.74 72.0 62.9 599.9 671.9
Tayo Rolls Limited 36.53 33.6 0.3 100.3 133.9
Tinplate Company of India Ltd. 31.89 300.9 - 253.2 47.7
TKM Overseas Limited 49.00 11.3 - 1.5 12.8
TRF Limited 36.32 49.6 5.4 116.58 166.1

Market Spread (EC2)
The market spread in India and Outside for revenue generation is indicated in Table 4.4. The break-up of regions within India and outside India is not compiled by the organization at present. This information will be furnished in subsequent reports.

Table-4.4: Geographical Revenue Generation

Geographical Market 04-05 (Rs. Million) 05-06 (Rs. Million)
India 121878.2 131603.5
Outside India 23111.3 19790.4
TOTAL 144989.5 151393.9

Cost of goods, materials and services purchased (EC3)
Rs. 80744 Million in 05-06
(Rs.76569 Million in 04-05)
Contracts paid in accordance with agreed terms, excluding agreed penalty arrangements (EC4)
100% of the contracts were paid in accordance with the contract terms during the reporting year.
Our Suppliers (EC11)
A total sum of Rs. 80744 Million was paid to the suppliers and service providers during the reporting period as against Rs.76569 Million in 04-05. The break up of payment segment-wise is given in Figure-4.3. Five top Vendors from whom revenue procurement were done during FY06 are as follows;

  • Tata International (44.68%)

  • Tata Refractories (3.07%)

  • Tata (UAE) FZE (2.51%)

  • ITW India Ltd (2.14%)

  • Tata South East Asia (1.85%)

Figure 4.3 :Segment-wise break up of payments (Rs. Million)