Ongc annual report 2010 pdf

During the year Rs The above acquisition has resulted in a Capital Reserve of Notes to Financial Statements for the year ended 31st March, No revenue in this respect has been recognized since the claim has not been accepted by GOS.

Non Current Investments No. Balance outstanding as on 31st March is 8, Since the amendment still requires clarity on various issues and also considering the advice of legal experts, the company continued to make provision for tax without considering the benefit under section IB 9.

The company is not a party to the dispute but has agreed snnual abide by the decision applicable to the operator. Figures in parenthesis as given in these Notes to Financial Statement relate to previous year. An impairment loss is recognized, whenever the carrying amount of such assets exceeds the recoverable amount.

Disclosure on Foreign currency exposures at year reporrt that have not been hedged by derivative instrument or otherwise are given below: Use of Estimates The preparation of financial statements requires estimates and assumptions which affect the reported amount of assets, liabilities, revenues and expenses of the reporting period. Generally the details are provided by the operators on monthly basis except in respect of Sakhalin-1, Russia Project, where the details are provided by the Operator on quarterly basis.

GoI had recovered the above amount [including interest thereon USD Due to the shifting process the operator has not been able to provide the monthly expenditure statement for the month of February and March Deferred Tax Asset is recognized and carried forward only to the extent that there is reasonable certainty that the asset will be realized in future.

Out of this, an amount of Name of Share Holder. Short lifted quantity of gas b. Previous Year Cash and cash equivalent as on Revenue of finance lease anual represents the transfer of economic ownership from Tamba BV lessor to the lessee of the asset, being an affiliate. This website uses cookies to improve your experience while you navigate through the website.

Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website.

We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent.

You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience. Necessary cookies are absolutely essential for the website to function properly.

This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies.

It is mandatory to procure user consent prior to running these cookies on your website. This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Privacy Overview This website uses cookies to improve your experience while you navigate through the website. Privacy Overview. Any difference as of the reporting date between the entitlement quantity minus the quantities sold in respect of crude oil including condensateif positive i.

Insurance Policy deductibles are expensed in the year the corresponding expenditure is incurred. Provision made till 31st March, is Rs 3, In subsequent legal proceedings, The Appellate Authority of the Honourable Malaysian High Court of Kuala Lumpur had set aside the decision of the Malaysian High Court onvc the earlier decision of arbitral tribunal in favour of operator was restored, against which the GoI has preferred an appeal before the Federal Court of Malaysia.

The Company has tested all its CGUs for impairment as on Hence, no adjustment is made in the accounts towards the same. Also, includes restricted amount of Each holder of equity shares is entitled to one vote per share.

Tax on Dividend 13,. This website uses cookies to improve your experience while you navigate through the website. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are as essential for the working of basic functionalities of the website.

We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may have an effect on your browsing experience.

Necessary cookies are absolutely essential for the website to function properly. This category only includes cookies that ensures basic functionalities and security features of the website. These cookies do not store any personal information. Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies.

It is mandatory to procure user consent prior to running these cookies on your website.