Liebherr India Private Limited

LIEBHERR INDIA PRIVATE LIMITED
Standalone Financial Statements for period 01/01/2016 to 31/12/2016
[400100] Disclosure of general information about company

Unless otherwise specified, all monetary values are in INR
01/01/2016 01/01/2015
to to
31/12/2016 31/12/2015
LIEBHERR INDIA PRIVATE
Name of company LIMITED
Corporate identity number U51909MH2006FTC163343
Permanent account number of entity AABCL2049J
R o o m N o .
2501-2506/2601-2606,
Kesar Solitaire, Plot
No.5, Sector No.19,off
Address of registered office of company Palm Beach Rd,sanpada.,
Navi Mumbai,
Maharashtra, India,
400705
Commercial and
Type of industry Industrial
Registration date 27/07/2006
Subsidiary of Foreign
Category/sub-category of company Company
Whether company is listed company No
Date of board meeting when final accounts were approved 02/03/2017
Period covered by financial statements 12 Months 12 Months
Date of start of reporting period 01/01/2016 01/01/2015
Date of end of reporting period 31/12/2016 31/12/2015
Nature of report standalone consolidated Standalone
Content of report Financial Statements
Description of presentation currency INR
Level of rounding used in financial statements Actual
Type of cash flow statement Indirect Method
Whether company is maintaining books of account and other
Yes
relevant books and papers in electronic form
(A) Room
N o .
Complete postal address of place of maintenance of computer
2501-2506/2601-2606,
servers (storing accounting data) Kesar Solitaire, Plot
No.5, Sector No.19,off
Palm Beach Rd,
Name of city of place of maintenance of computer servers (storing
Sanpada
accounting data)
Name of state/ union territory of place of maintenance of
Maharashtra
computer servers (storing accounting data)
Pin code of place of maintenance of computer servers (storing
400705
accounting data)
Name of district of place of maintenance of computer servers
Thane
(storing accounting data)
ISO country code of place of maintenance of computer servers
In
Name of country of place of maintenance of computer servers
India
Phone (with STD/ ISD code) of place of maintenance of computer
+91 22 61767578
servers (storing accounting data)
Footnotes
(A) the back-up of the books of account maintained in electronic mode has been maintained on servers physically located outside India.
Address: Liebherr-IT Services GmbH, Oberopfingen St. Vitus 1, D-88457 Kirchdorf/Iller.
LIEBHERR INDIA PRIVATE LIMITED Standalone Financial Statements for period 01/01/2016 to 31/12/2016
Disclosure of principal product or services [Table] ..(1)

Types of principal product or services [Axis] ProductOrServices1
01/01/2016
to
31/12/2016
Disclosure of general information about company [Abstract]
Disclosure of principal product or services [Abstract]
Disclosure of principal product or services [LineItems]
Product or service category (ITC 4 digit) code 8431
Description of product or service category Spare Parts Sales
Turnover of product or service category 46,37,18,778
Highest turnover contributing product or service (ITC 8 digit) code 84314390
Description of product or service Spare Parts Sales
Unit of measurement of highest contributing product or service Nos
Turnover of highest contributing product or service 46,37,18,778
Quantity of highest contributing product or service in UoM [Qty] 33,398
[400400] Disclosures - Directors report
Details of principal business activities contributing 10% or more of total turnover of company [Table] ..(1)
Product/service 1 Product/service 2 Product/service 3
Principal business activities of company [Axis]
[Member] [Member] [Member]
01/01/2016 01/01/2016 01/01/2016
to to to
31/12/2016 31/12/2016 31/12/2016
Details of principal business activities contributing 10% or more
of total turnover of company [Abstract]
Details of principal business activities contributing 10% or
more of total turnover of company [LineItems]
Name of main product/service Machine sale Spare parts sale Services
PRTS OF
OTHER MCHNCL Maintenance and
BORNG/SNKNG
Description of main product/service SHOVLS,EXCVTRS
MCHNRY,NOT
repair services of
& SHOVL LOADRS other equipment
SLF-PRPLD
NIC code of product/service (A) 84295900 84314390 99871590
Percentage to total turnover of company 33.00% 35.00% 32.00%
Footnotes
(A) 84295900, 84304190
Details of directors signing board report [Table] ..(1)

Directors signing board report [Axis] DirectorsSigningBoardReport1 DirectorsSigningBoardReport2
01/01/2016 01/01/2016
to to
31/12/2016 31/12/2016
Details of signatories of board report [Abstract]
Details of directors signing board report [LineItems]
Name of director signing board report [Abstract]
First name of director RAHUL GERHARD
Last name of director DANDAVATE FRAINER
Designation of director Managing Director Director
Director identification number of director 07041371 05210543
Date of signing board report 02/03/2017 02/03/2017
2
Details of shareholding pattern [Table] ..(1)

Shareholding pattern [Axis] Shareholders [Member] Promoters [Member]
01/01/2016 01/01/2016
to 31/12/2015 to 31/12/2015
31/12/2016 31/12/2016
Details of shareholding pattern [Abstract]
Details of shareholding pattern [LineItems]
Number of demat shares held at end of period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of physical shares held end of period [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000
Total number of shares held at end of period [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000
Percentage of total shares held at end of period 100.00% 100.00% 100.00% 100.00%
Percentage of change in shares held during year 0.00% 0.00%
Percentage of total shares held at end of
100.00% 100.00% 100.00% 100.00%
period
100.00% 100.00% 100.00% 100.00%
period
Details of shareholding pattern [Table] ..(2)

Shareholding pattern [Axis] Foreign [Member] Foreign corporate bodies [Member]
01/01/2016 01/01/2016
to 31/12/2015 to 31/12/2015
31/12/2016 31/12/2016
Details of shareholding pattern [Abstract]
Details of shareholding pattern [LineItems]
Number of demat shares held at end of period [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of physical shares held end of period [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000
100.00% 100.00% 100.00% 100.00%
period
100.00% 100.00% 100.00% 100.00%
period
3
Particulars of holding, subsidiary and associate companies [Table] ..(1)

Particulars of companies [Axis] ParticularsOfCompanies1
01/01/2016
to
31/12/2016
Particulars of holding, subsidiary and associate companies [Abstract]
Particulars of holding, subsidiary and associate companies [LineItems]
Liebherr Werk Nenzing
Name of company GmbH
Dr. Hans Liebherr-Straße
Address of company 1, 6710 Nenzing, Austria
Country of incorporation of company Austria
Percentage of shares held 99.99%
Applicable section 2(46) read with 2(87)
4

01/01/2016
to
31/12/2016
Textual information (1)
Disclosure in board of directors report explanatory [TextBlock] [See below]
Description of state of companies affair [See below]
The Company has not
appropriated its profit
Disclosure relating to amounts if any which is proposed to carry to any of the financial year as
reserves the same was retained in
the Surplus Account under
the head of Reserves.
The Board of Directors
does not recommend any
Disclosures relating to amount recommended to be paid as dividend dividend for the
financial year 2016.
Details regarding energy conservation [See below]
Details regarding technology absorption As explained above.
( A ) T h e
Company has entered into
the forex transactions
Details regarding foreign exchange earnings and outgo during the financial
year. The information is
provided in ““Annexure
– II” attached with this
report.
Disclosures in director’s responsibility statement [See below]
There were no significant
changes in the financial
position of the Company
Details of material changes and commitment occurred during period
which may affect the
affecting financial position of company financial statements
after the date of close of
financial year.
There were no
transactions which are
relating to Loans,
Guarantee and
Investments which are
Particulars of loans guarantee investment under section 186 [TextBlock] falling under the purview
of the Section 186 of the
Companies Act, 2013
during the financial
year.
Particulars of contracts/arrangements with related parties under section Textual information (5)
188(1) [TextBlock] [See below]
Whether there are contracts/arrangements/transactions not at arm's
No
length basis
Whether there are material contracts/arrangements/transactions at
No
arm's length basis
Date of board of directors' meeting in which board's report referred
02/03/2017
to under section 134 was approved
Disclosure of extract of annual return as provided under section 92(3) Textual information (6)
[TextBlock] [See below]
Details of change in promoters shareholding [TextBlock]
Details of shareholding pattern of directors and key managerial
personnel [TextBlock]
Disclosure of statement on declaration given by independent directors
Not Applicable
under section 149(6) [TextBlock]
Disclosure for companies covered under section 178(1) on
directors appointment and remuneration including other matters Not Applicable.
provided under section 178(3) [TextBlock]
Disclosure of statement on development and implementation of risk Textual information (7)
management policy [TextBlock] [See below]
Details on policy development and implementation by company on
corporate social responsibility initiatives taken during year [See below]
[TextBlock]
Disclosure as per rule 8(5) of companies accounts rules 2014 [TextBlock]
Disclosure of financial summary or highlights [TextBlock] [See below]
5
There was no change in the

nature of the business of
Disclosure of change in nature of business [TextBlock] the Company during the
financial year 2016.
Details of directors or key managerial personnels who were Textual information (10)
appointed or have resigned during year [TextBlock] [See below]
Disclosure of companies which have become or ceased to be its The Company does not have
any Subsidiary, Joint
subsidiaries, joint ventures or associate companies during ventures or Associate
year [TextBlock] Companies.
The Company has not
accepted any public
deposits and as such, no
Details relating to deposits covered under chapter v of companies act amount on account of
[TextBlock] principal or interest on
public deposit was
outstanding as on the date
of the balance sheet.
Details of deposits which are not in compliance with requirements
Not Applicable.
of chapter v of act [TextBlock]
Details of significant and material orders passed by
regulators or courts or tribunals impacting going concern [See below]
status and company’s operations in future [TextBlock]
Details regarding adequacy of internal financial controls with Textual information (12)
reference to financial statements [TextBlock] [See below]
Disclosure of contents of corporate social responsibility policy As given in the Notes of CSR
[TextBlock] Reporting.
Disclosure of appointment and remuneration of managerial personnels
As explained above.
[TextBlock]
Number of meetings of board [Qty] 7
Footnotes
(A) Annexure II
Earnings in Foreign Currency*

Particulars As at 31st December, 2016 As at 31st December, 2015
Rs. Rs.
Commission Income 125,541,097 187,454,173
Sale of services 41,517,057 59,319,192
Sale of spare parts 22,075,630 21,300,019
Sale of Machines - 18,337,500
Reimbursement of expenses 78,490,270 80,958,559
Total 267,624,054 367,369,443
*Includes tax thereon
Expenditure in Foreign Currency:
Nature As at 31st December, 2016 As at 31st December, 2015
Rs. Rs.
Techinical/Professional Services 15,863,534 11,878,314
Reimbursement of expenses 2,824,891 127,373
Travelling Expenses 4,181,479 3,619,566
IT Support services 11,470,273 12,707,125
Balances written off - 3,282,580
Others 223,148 717,829
34,563,325 32,332,787
6
Disclosure in board of directors report explanatory [Text Block]

DIRECTORS’ REPORT
To,
The Members,
Liebherr India Private Limited
Your Directors have pleasure in presenting the Director’s Report of your Company together with the Audited Statement of Accounts and the
Auditors’ Report of your company for the financial year ended, 31st December, 2016.
The summarized financial results for the year ended 31st December, 2016 are as under:
1. Financial Results:-
During the year under review, performance of your company as under:
Particulars December, 31 2016 December, 31 2015

Gross Income 1,400,857,602 1,072,420,021
Profit/(Loss) before depreciation and taxation 25,046,793 54,720,255
Depreciation 22,756,387 30,592,298
Tax 30,458,899 43,355,203
Short provision for current tax relating to prioe year (2,287,048) -
Deferred Tax (26,020,121) (20,356,509)
Profit/(Loss) after tax 138,676 1,129,263
Appropriations & Adjustments:
Dividend 0 0
Dividend Distribution Tax 0 0
Transfer to General Reserves 0 0
- Balance brought forward from Balance Sheet 349,493,223 348,317,604
Excess Provision of Tax 0 46,356
- Balance carried forward to Balance Sheet 349,631,899 349,493,223
2. State of Company’s Affairs and Future Outlook
During the year under review, the Company’s gross income was of Rs. 1,400,857,602/- which was Rs. 1,072,420,021/- in the previous year. The
net profit for the year under review is Rs. 138,676/- as against the previous years profit of Rs. 1,129,263/-. The overall sluggish business
environment has resulted in reduction in profits of the Company during the FY 2016. Your Directors are continuously looking for avenues for
future growth of the Company.
3. Change in nature of business, if any
There was no change in the nature of the business of the Company during the financial year 2016.
4. Dividend
The Board of Directors does not recommend any dividend for the financial year 2016.
5. Directors Responsibility Statement
In accordance with the provisions of Section 134(5) of the Companies Act 2013, your directors confirm that:
a) in the preparation of the annual accounts for the financial year ended 31st December, 2016, the applicable accounting standards had been
followed along with proper explanation relating to material departures, if any;
b) the directors had selected such accounting policies and applied them consistently and made judgments and estimates that are reasonable and
prudent so as to give a true and fair view of the state of affairs of the Company as at 31st December, 2016 and of the profit of the Company for
that period;
7
c) the directors had taken proper and sufficient care for the maintenance of adequate accounting records in accordance with the provisions of the
Companies Act, 2013 for safeguarding the assets of the company and for preventing and detecting fraud and other irregularities;
d) the directors had prepared the annual accounts on a going concern basis;
e) the directors had devised proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate
and operating effectively.
6. Transferred to Reserves
The Company has not appropriated its profit of the financial year as the same was retained in the Surplus Account under the head of Reserves.
7. Changes in Share Capital
The paid up equity share capital of the Company as on December 31, 2016 was Rs. 12,500,000/- [Rupees One Crore Twenty Five Lakh]
consisting 1250000 Equity Shares having face value of Rs. 10/- [Ten] each.
During the year under review the Company has not issued any shares or any convertible instruments
8. Extract of Annual Return
The extract of Annual Return, in format MGT - 9, for the Financial Year 2016 has been enclosed with this report as “Annexure – I”.
9. Number of Board Meetings & Committee Meetings
During the Financial Year 2016, 7 [Seven] meetings of the Board of Directors of the Company were held on 23.02.2016, 07.03.2016, 26.04.2016,
08.08.2016, 21.09.2016 08.11.2016 and 30.11.2016 respectively.
The meetings of the CSR Committee were held on 26.04.2016.
10. Particulars of Loan, Guarantees and Investments under Section 186
There were no transactions which are relating to Loans, Guarantee and Investments which are falling under the purview of the Section 186 of the
Companies Act, 2013 during the financial year.
11. Related Parties Transactions
The provision of Section 188 read with amended Section 2(76) of the Companies Act, 2013 shall not apply to Private Limited Companies.
However, the Company has entered into transactions with related parties, details of which are listed in para 23.11 of the notes forming part of the
financial for the year ended 31st December, 2016.
12. Auditors
M/s. Price Waterhouse Chartered Accountants LLP, Pune having FRN Number 012754N/N-500016 were appointed as the Statutory Auditors of
the Company at the Extra Ordinary General Meeting held on 7th December, 2016 to replace the then erstwhile Auditors M/s. Sastakar Vaidya &
Co, Chartered Accountants, Pune. As per the provisions of Sec. 139(8) of the Companies Act the term of appointment expires at the ensuing
Annual General Meeting by the members of the Company. Hence, as per the provisions of Sec. 139(1) the board hereby proposes the
re-appointment of M/s. Price Waterhouse Chartered Accountants LLP, Pune having FRN Number 012754N/N-500016 for a term of five years.
13. Conservation of Energy, Technology, Absorption, Foreign Exchange Earnings and Outgo
Since the operation of the Company are not energy-intensive and no technology was imported during the financial year under review the
particulars relating to conservation of energy and technology absorption are not provided in the report.
The Company has entered into the forex transactions during the financial year. The information is provided in ““Annexure – II” attached with this
report.
14. Risk Management Policy
The present risks and anticipated future risks are reviewed by the management from time to time. Based on past experience, the management of
the Company tries to remain vigilant about all prospective risks and takes suitable preventive measures to adequately safeguard its resources. At
present the Board is of opinion that there are no major risks affecting the existence of the Company.
15. Directors and Key Managerial Personnel
8
At present following persons are the Directors of the Company.
Sr. Date of
Name Address DIN Designation
No Appointment
Hauptwohnsitz, Alte Landstrasse 33/5, 6700 Bludenz GKZ 05210543
1. Gerhard Frainer Director 27/02/2012
80103
3A-404, Dheeraj Enclave, Off W.E. Highway, Borivali (E) 07041371 Managing
2. Rahul Dandavate 15/12/2014
Mumbai - 400066. Director
Mag Markus 07430678 Director
3. Watzenegg 55A Dornbirn 6850 23/02/2016
Schmidle
During the year Mag Markus Schmidle appointment as Additional Director, was regularised as Director w.e.f 23/02/2016 at the Annual General
Meeting held on 30/06/2016.
16. Deposits
The Company has not accepted any public deposits and as such, no amount on account of principal or interest on public deposit was outstanding
as on the date of the balance sheet.
17. Receipt of any commission by MD / WTD from Company or for receipt of commission / remuneration from it holding or subsidiary Company
The Managing Director does not receive any commission from its holding company. The Company does not have any subsidiary or associate
company.
18. Corporate Social Responsibility (CSR) Policy
The Company is falling under the purview of the provisions of Section 135 of the Companies Act, 2013. Hence, the Company has formed the
CSR Committee having following directors as the member of the committee.
Sr. No Name of the Director Designation in committee Date of becoming as member of CSR Committee
1. Mr. Rahul Dandavate Chairman 27.02.2015
2. Mr. Gerhard Frainer Member 28.07.2015
The CSR Policy as recommended by the CSR Committee is subsequently approved by the Board of Directors of the Company.
The Company was also required to spend the prescribed amount (2% of average net profit of preceding three financial years) towards the CSR
expenditure during the financial year. The details in respect of the gross amount required to be spent, amount actually spent and the amount
unspent by the Company during the year towards Corporate Social Responsibility (CSR) as per the provision of section 135 of the Companies
Act, 2013 are as below:
For the year ended 31st

Particulars
December, 2016(Rs.)
a) Prescribed CSR Expenditure [2% of Average net profit of past 3 financial year] for period
1,037,114
ended January 2016 to December 2016
b) CSR Provision as per books for period ended 31st December 2016 ---
c) Details of CSR spent during the year 2016 1,037,114
- Total amount to be spent for the financial year ---
- Total amount spent during the year 2016 3,922,020
- Amount unspent as at the end of 31st December 2016 ---
For further information please refer para 23.13 of the notes forming part of the Financials for the year ended 31st December, 2016.
19. Human Resources
The well-disciplined workforce which has served the company for several years lies at the very foundation of the company’s major achievements
and shall well continue for the years to come.
The management has always carried out systematic appraisal of performance and imparted training at periodic intervals. The company has always
recognized talent and has judiciously followed the principle of rewarding performance.
9
20. Disclosures under Sexual Harassment of Women at Workplace (Prevention, Prohibition & Redressal) Act, 2013
The Company has ratified the adoption of Policy on Sexual Harassment of Women at work place at w.e.f. 01.04.2015. The Policy is available on
website of the Company. During the year 2016, no complaints were received by the company related to Sexual Harassment.
21. Internal Control System and Adequacy
The Company has adequate system of internal control to safeguard and protect from loss, unauthorized use or disposition of its assets. All the
transactions are properly authorized, recorded and reported to the Management. The Company is following all the applicable Accounting
Standards for properly maintaining the books of accounts and reporting financial statements.
22. Explanation to Auditor’s Remarks
The report of the Statutory Auditors being self-explanatory, the Board of Directors has not commented thereon.
23. Material Changes Affecting the Financial Position of the Company
There were no significant changes in the financial position of the Company which may affect the financial statements after the date of close of
financial year.
24. Details of Subsidiary, Joint Venture or Associates
The Company does not have any Subsidiary, Joint ventures or Associate Companies.
25. Details of significant & material orders passed by the regulators or courts or tribunal
During the financial year, there were no significant and material orders passed by the Regulators or the Courts or Tribunals either in favour or in
against of the Company impacting going concern status and company’s operation in future.
Acknowledgment
The Directors express their sincere appreciation to the valued shareholders, bankers and clients for their support. Your Directors wish to thank the
banks, financial institutions, shareholders and business associates for their continued support and cooperation.
We look forward to receiving the continued patronage from all stakeholders to become a better and stronger company.
For Liebherr India Private Limited
Mr. Rahul Dandavate Mr. Gerhard Frainer

Managing Director Director
DIN: 07041371 DIN: 05210543
Date: 02/03/2017
10
Place: Navi Mumbai
Earnings in Foreign Currency*

Particulars As at 31st December, 2016 As at 31st December, 2015
Rs. Rs.
Sale of services 41,517,057 59,319,192
Sale of Machines - 18,337,500
Reimbursement of expenses 78,490,270 80,958,559
Total 267,624,054 367,369,443
*Includes tax thereon
Expenditure in Foreign Currency:
Nature As at 31st December, 2016 As at 31st December, 2015
Rs. Rs.
Techinical/Professional Services 15,863,534 11,878,314
Reimbursement of expenses 2,824,891 127,373
Travelling Expenses 4,181,479 3,619,566
IT Support services 11,470,273 12,707,125
Balances written off - 3,282,580
Others 223,148 717,829
34,563,325 32,332,787
Description of state of companies affair

During the year under review, the Company’s gross income was of Rs. 1,400,857,602/- which was Rs. 1,072,420,021/- in the previous year. The
net profit for the year under review is Rs. 138,676/- as against the previous years profit of Rs. 1,129,263/-. The overall sluggish business
environment has resulted in reduction in profits of the Company during the FY 2016. Your Directors are continuously looking for avenues for
future growth of the Company.
Details regarding energy conservation

Since the operation of the Company are not energy-intensive and no technology was imported during the financial year under review the
particulars relating to conservation of energy and technology absorption are not provided in the report.
Disclosures in director’s responsibility statement

In accordance with the provisions of Section 134(5) of the Companies Act 2013, your directors confirm that: a) in the preparation of the annual
accounts for the financial year ended 31st December, 2016, the applicable accounting standards had been followed along with proper explanation
relating to material departures, if any; b) the directors had selected such accounting policies and applied them consistently and made judgments
and estimates that are reasonable and prudent so as to give a true and fair view of the state of affairs of the Company as at 31st December, 2016
and of the profit of the Company for that period; c) the directors had taken proper and sufficient care for the maintenance of adequate accounting
records in accordance with the provisions of the Companies Act, 2013 for safeguarding the assets of the company and for preventing and
detecting fraud and other irregularities; d) the directors had prepared the annual accounts on a going concern basis; e) the directors had devised
proper systems to ensure compliance with the provisions of all applicable laws and that such systems were adequate and operating effectively.
11
Particulars of contracts/arrangements with related parties under section 188(1) [Text Block]
The provision of Section 188 read with amended Section 2(76) of the Companies Act, 2013 shall not apply to Private Limited Companies.
However, the Company has entered into transactions with related parties, details of which are listed in para 23.11 of the notes forming part of the
financial for the year ended 31st December, 2016.
12
Disclosure of extract of annual return as provided under section 92(3) [Text Block]
Annexure- I to Board Report
FORM NO. MGT 9

EXTRACT OF ANNUAL RETURN
As on financial year ended on
31st December, 2016
Pursuant to Section 92 (3) of the Companies Act, 2013 and rule 12(1) of the Company (Management & Administration) Rules, 2014
I. Registration & Other Details:
1.
CIN U51909MH2006FTC163343
2.
Registration Date 27/07/2006
3.
Name of the Company Liebherr India Private Limited
Private Limited Company

4.
Category/Sub-category of the Company Company Limited by Shares
Indian Non-Government Company
5. Address of the Registered office & contact Room No. 2501-2506/2601-2606, Kesar Solitaire Plot No.5, Sector No.19, Off
details Palm Beach Road, Sanpada. Navi Mumbai MH 400705
6.
Whether listed company No.
7. Name, Address & contact details of the

Not Applicable.
Registrar & Transfer Agent, if any.
II. Principal business activities of the Company (Each Product contributing 10% more to the turnover)
S. NIC Code of the % to total turnover

Name and Description of main products / services
No. Product/service of the company
Machine sale (OTHER MCHNCL SHOVLS,EXCVTRS & SHOVL LOADRS) Drilling 84295900,
1. 33%
rigs (OTHR SELF PROPLD BORING/SINKING MACHNERY) 84304190
2. Spare parts sale (PRTS OF BORNG/SNKNG MCHNRY,NOT SLF?PRPLD) 84314390 35%
3. Services Maintenance and repair services of other equipment 99871590 32%
III. Particulars of Holding, Subsidiary and Associate Companies –
S. No. Name and address of the company CIN/GLN Holding / Subsidiary / Associate % of shares held Applicable Section
1. Liebherr Werk Nenzing GmbH NA Holding Company 99.99% 2(46) read with 2(87)
IV. Share Holding Pattern (Equity Share Capital Breakup as percentage of Total Equity)
A. Category-wise Share Holding
No. of Shares
held at the end
of the year[As
13
on 31-
%
No. of Shares held at the Change
Category of during
beginning of the year[As on
Shareholders the
1-January-2016]
year
14
December
-2016]
Demat Physical Demat Physical % of Total
Total % of Total Shares Total
Shares
A. Promoter s
No
Change
(1) Indian - - - - - - - -
(2) Foreign
NRIs – Individuals - - - - - - - -
Others – Individuals - - - - - - - -
1250000 1250000 1250000 1250000
Bodies Corporations - 100 - 100
Banks/FIs - - - - - - - -
Any Other - - - - - - - -
1250000 1250000 1250000 1250000
Sub Total (2) - 100 - 100
Total shareholding of 1250000 1250000 1250000 1250000

- 100 - 100
Promoter (A)
B. Public
- - - - - - - -
Shareholding
C. Shares held by
Custodian for GDRs - - - - - - - -
& ADRs
Grand Total (A+B+C) 1250000 1250000 1250000 1250000
- 100 - 100
B. Shareholding of Promoter-
Shareholding at Shareholding % change in

Shareholder’s
Sr. No the beginning of at the end of shareholding
Name
the year the year during the year
% of total %of Shares Pledged %of Shares Pledged
No. of No. of % of total Shares
Shares of the / encumbered to total / encumbered to
Shares Shares of the company
company shares total shares
Liebherr Werk
1 Nenzing 1249999 100 NA 1249999 99.99 NA No Change
GmbH
Liebherr
2 MCCtec 1 0 NA 1 0.01 NA
GmbH
C. Change in Promoters’ Shareholding (please specify, if there is no change)
15
Shareholding Cumulative
Particulars
at the Shareholding
SN
beginning of during the
Liebherr Werk Nenzing GmbH
the year year
% of % of
total total
No. of No. of
shares shares
shares shares
of the of the
company company
1249999 1249999
1 At the beginning of the year 99.99 99.99
Date wise Increase / Decrease in Promoters

Shareholding during the year specifying the No
2
reasons for increase / decrease (e.g. allotment Transactions
/transfer / bonus/ sweat equity etc.): during the
year
1249999 1249999
3 At the end of the year 99.99 99.99
D. Shareholding Pattern of top ten Shareholders:
For Each of the Top 10

Shareholding at Cumulative
Shareholders
SN the beginning of Shareholding
the year during the year
Liebherr MCCtec GmbH
No. of % of total No. of % of total
shares shares of the shares shares of the
company company
1
1 At the beginning of the year 1 0.01 0.01
Date wise Increase / Decrease in Promoters Shareholding during the year

Not Applicable
2 specifying the reasons for increase /decrease (e.g. allotment / transfer /
bonus/ sweat equity etc):
1
3 At the end of the year 1 0.01 0.01
E. Shareholding of Directors and Key Managerial Personnel: NIL
V. Indebtedness - Indebtedness of the Company including interest outstanding/accrued but not due for payment. : NIL
VI. REMUNERATION OF DIRECTORS AND KEY MANAGERIAL PERSONNEL-
A. Remuneration to Managing Director, Whole-time Directors and/or Manager:
Name of Managing
SN. Particulars of Remuneration Total
Director
Amount
16
Mr. Rahul
Dandavate
1 Gross salary
(a) Salary as per provisions contained in section 17(1) of the
Rs. 11,353,866 Rs. 11,353,866
Income-tax Act, 1961
(b) Value of perquisites u/s 17(2) Income-tax Act, 1961
(c) Profits in lieu of salary under section 17(3) Income- tax
Act, 1961
2 Stock Option
3 Sweat Equity
Commission - as % of profit -
others, specify…
4
Others, please specify

5
Total (A) Rs.

Rs. 11,353,866 11,353,866
Ceiling as per the Act

Not
Applicable
B. Remuneration to other directors - NIL
C. Remuneration to Key Managerial Personnel other than MD/Manager/WTD: NIL
VII. Penalties / Punishment/ Compounding of offences: Not Applicable
For Liebherr India Private Limited
Mr. Rahul Dandavate Mr. Gerhard Frainer

Managing Director Director
DIN:07041371 DIN:05210543
Date: 02/03/2017
Place: Navi Mumbai
Disclosure of statement on development and implementation of risk management policy [Text Block]
The present risks and anticipated future risks are reviewed by the management from time to time. Based on past experience, the management of
the Company tries to remain vigilant about all prospective risks and takes suitable preventive measures to adequately safeguard its resources. At
present the Board is of opinion that there are no major risks affecting the existence of the Company.
17
Details on policy development and implementation by company on corporate social responsibility initiatives taken
during year [Text Block]
The CSR Policy as recommended by the CSR Committee is subsequently approved by the Board of Directors of the Company.
The Company was also required to spend the prescribed amount (2% of average net profit of preceding three financial years) towards the CSR
expenditure during the financial year. The details in respect of the gross amount required to be spent, amount actually spent and the amount
unspent by the Company during the year towards Corporate Social Responsibility (CSR) as per the provision of section 135 of the Companies
Act, 2013 are as below:
For the year ended 31st

Particulars
December, 2016(Rs.)
a) Prescribed CSR Expenditure [2% of Average net profit of past 3 financial year] for period
1,037,114
ended January 2016 to December 2016
b) CSR Provision as per books for period ended 31st December 2016 ---
c) Details of CSR spent during the year 2016 1,037,114
- Total amount to be spent for the financial year ---
- Total amount spent during the year 2016 3,922,020
- Amount unspent as at the end of 31st December 2016 ---
For further information please refer para 23.13 of the notes forming part of the Financials for the year ended 31st December, 2016.
18
Disclosure of financial summary or highlights [Text Block]

During the year under review, performance of your company as under:
Particulars December, 31 2016 December, 31 2015

Gross Income 1,400,857,602 1,072,420,021
Profit/(Loss) before depreciation and taxation 25,046,793 54,720,256
Depreciation 22,756,387 30,592,298
Tax 30,458,899 43,355,203
Short provision for current tax relating to prioe year (2,287,048) -
Deferred Tax (26,020,121) (20,356,509)
Profit/(Loss) after tax 138,676 1,129,263
Appropriations & Adjustments:
Dividend 0 0
Dividend Distribution Tax 0 0
Transfer to General Reserves 0 0
- Balance brought forward from Balance Sheet 349,493,223 348,317,604
Excess Provision of Tax 0 46,356
- Balance carried forward to Balance Sheet 349,631,899 349,493,223
Details of directors or key managerial personnels who were appointed or have resigned during year [Text Block]
At present following persons are the Directors of the Company.
Sr. Date of
Name Address DIN Designation
No Appointment
Hauptwohnsitz, Alte Landstrasse 33/5, 6700 Bludenz GKZ 05210543
1. Gerhard Frainer Director 27/02/2012
80103
3A-404, Dheeraj Enclave, Off W.E. Highway, Borivali (E) 07041371 Managing
2. Rahul Dandavate 15/12/2014
Mumbai - 400066. Director
Mag Markus 07430678 Director
3. Watzenegg 55A Dornbirn 6850 23/02/2016
Schmidle
During the year Mag Markus Schmidle appointment as Additional Director, was regularised as Director w.e.f 23/02/2016 at the Annual General
Meeting held on 30/06/2016.
Details of significant and material orders passed by regulators or courts or tribunals impacting going concern status
and company’s operations in future [Text Block]
During the financial year, there were no significant and material orders passed by the Regulators or the Courts or Tribunals either in favour or in
against of the Company impacting going concern status and company’s operation in future.
19
Details regarding adequacy of internal financial controls with reference to financial statements [Text Block]
The Company has adequate system of internal control to safeguard and protect from loss, unauthorized use or disposition of its assets. All the
transactions are properly authorized, recorded and reported to the Management. The Company is following all the applicable Accounting
Standards for properly maintaining the books of accounts and reporting financial statements.
20
[400200] Disclosures - Auditors report
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Table] ..(1)
Auditor's
Auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Axis] favourable remark
[Member]
01/01/2016
to
31/12/2016
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report [Abstract]
Disclosure of auditor's qualification(s), reservation(s) or adverse remark(s) in auditors' report
[LineItems]
As described in
Disclosure in auditors report relating to fixed assets point (a) (b) and (c)
below.
(a) The Company is
maintaining proper
records showing full
Disclosure relating to quantitative details of fixed assets particulars, including
quantitative details
and situation, of
fixed assets.
Textual information
Disclosure relating to physical verification and material discrepancies of fixed assets (13) [See below]
Textual information
Disclosure relating to title deeds of immovable properties (14) [See below]
Textual information
Disclosure in auditors report relating to inventories (15) [See below]
Textual information
Disclosure in auditors report relating to loans (16) [See below]
Disclosure about loans granted to parties covered under section 189 of companies act Not Applicable
Disclosure relating to terms and conditions of loans granted Not Applicable
Disclosure regarding receipt of loans granted Not Applicable
Disclosure regarding terms of recovery of loans granted Not Applicable
Textual information
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013 (17) [See below]
The Company has
not accepted any
deposits from the
public within the
meaning of Sections
Disclosure in auditors report relating to deposits accepted 73, 74, 75 and 76 of
the Act and the
Rules framed there
under to the extent
notified.
The Central
Government of India
has not specified the
maintenance of cost
records under
Disclosure in auditors report relating to maintenance of cost records sub-section (1) of
Section 148 of the
Act for any of the
products of the
Company.
Textual information
Disclosure in auditors report relating to statutory dues [TextBlock] (18) [See below]
As per Disclosure in
auditors report
Disclosure relating to regularity in payment of undisputed statutory dues [TextBlock] relating to statutory
dues [Text Block].
As per Disclosure in
auditors report
Disclosure relating to disputed statutory dues [TextBlock] relating to statutory
dues [Text Block].
Textual information
Disclosure in auditors report relating to default in repayment of financial dues (19) [See below]
Disclosure in auditors report relating to public offer and term loans used for purpose for which Textual information
those were raised (20) [See below]
21
Disclosure in auditors report relating to fraud by the company or on the company by its officers Textual information
or its employees reported during period (21) [See below]
The provisions of
Section 197 read
with Schedule V to
the Act are
applicable only to
Disclosure in auditors report relating to managerial remuneration public companies.
Accordingly, the
provisions of Clause
3(xi) of the Order
are not applicable to
the Company.
As the Company is
not a Nidhi
Company and the
Nidhi Rules, 2014
Disclosure in auditors report relating to Nidhi Company it, the provisions of
Clause 3(xii) of the
Order are not
applicable to the
Company.
Textual information
Disclosure in auditors report relating to transactions with related parties (22) [See below]
Disclosure in auditors report relating to preferential allotment or private placement of shares or Textual information
convertible debentures (23) [See below]
The Company has
not entered into non
cash transactions
with its directors or
persons connected
Disclosure in auditors report relating to non-cash transactions with directors or persons connected
with him.
with him Accordingly, the
3(xv) of the Order
the Company.
The Company is not
required to be
registered under
Section 45-IA of the
Reserve Bank of
Disclosure in auditors report relating to registration under section 45-IA of Reserve Bank of India
India Act, 1934.
Act, 1934 Accordingly, the
3(xvi) of the Order
the Company.
Details regarding auditors [Table] ..(1)

Auditors [Axis] Auditors1
01/01/2016
to
31/12/2016
Details regarding auditors [Abstract]
Details regarding auditors [LineItems]
Category of auditor Auditors firm
Price Waterhouse
Name of audit firm Chartered
Accountants LLP
BORKAR AMIT
Name of auditor signing report ARUN
Firms registration number of audit firm 012754N/N500016
Membership number of auditor 109846
7th Floor, Tower-A,
Wing 1, Business
Address of auditors Bay, Airport Road,
Yerwada, Pune -
411006
Permanent account number of auditor or auditor's firm AAFFP3698A
SRN of form ADT-1 G30151419
Date of signing audit report by auditors 02/03/2017
Date of signing of balance sheet by auditors 02/03/2017
22

01/01/2016
to
31/12/2016
Disclosure in auditor’s report explanatory [TextBlock] [See below]
Whether companies auditors report order is applicable on company Yes
Whether auditors' report has been qualified or has any reservations or
No
contains adverse remarks
Disclosure relating to physical verification and material discrepancies of fixed assets

(b) The fixed assets are physically verified by the Management according to a phased programme designed to cover all the items over a period of
2 years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the programme, a
portion of the fixed assets has been physically verified by the Management during the year and no material discrepancies have been noticed on
such verification.
Disclosure relating to title deeds of immovable properties

(c) The Company does not own any immovable properties as disclosed in Note 9 on fixed assets to the financial statements. Therefore, the
provisions of Clause 3(i)(c) of the said Order are not applicable to the Company.
Disclosure in auditors report relating to inventories

The physical verification of inventory excluding stocks with third parties have been conducted at reasonable intervals by the Management during
the year. In respect of inventory lying with third parties, these have substantially been confirmed by them. The discrepancies noticed on physical
verification of inventory as compared to book records were not material.
Disclosure in auditors report relating to loans

The Company has not granted any loans, secured or unsecured, to companies, firms, Limited Liability Partnerships or other parties covered in the
register maintained under Section 189 of the Act. Therefore, the provisions of Clause 3(iii), (iii)(a), (iii)(b) and (iii)(c) of the said Order are not
applicable to the Company.
Disclosure in auditors report relating to compliance with Section 185 and 186 of Companies Act, 2013
The Company has not granted any loans or made any investments, or provided any guarantees or security to the parties covered under Section 185
and 186. Therefore, the provisions of Clause 3(iv) of the said Order are not applicable to the Company.
23
Disclosure in auditors report relating to statutory dues [Text Block]

(a) According to the information and explanations given to us and the records of the Company examined by us, in our opinion, the Company is
generally regular in depositing the undisputed statutory dues in respect of income tax and service tax, though there has been a slight delay in a few
cases, and is regular in depositing undisputed statutory dues, including provident fund, sales tax, duty of customs, duty of excise, value added tax,
and other material statutory dues, as applicable, with the appropriate authorities.
(b) According to the information and explanations given to us and the records of the Company examined by us, there are no dues of duty of
customs, which have not been deposited on account of any dispute. The particulars of dues of income tax, sales tax, service tax, and value added
tax as at December 31, 2016 which have not been deposited on account of a dispute, are as follows:
Nature of Amount Period to which the Forum where the dispute is

Name of the statute
dues (Rs.) amount relates pending
Commissioner of Income
Income Tax Act, 1961 Income Tax 5,222,315* AY-2009-10
Tax (Appeals)
Income Tax Act, 1961 Income Tax 6,529,019^ AY-2010-11
Tax (Appeals)
Income Tax Act, 1961 Income Tax 26,265,420 AY-2011-12
Tax (Appeals)
Income Tax Appellate
Tribunal
Tax (Appeals)
Tax (Appeals)
FY-2008-09 to FY Commissioner of Service
Finance Act, 1994 Service Tax 248,166,279
2014-15 Tax, Mumbai
The West Bengal Tax on Entry of Goods into FY-2013-14 to
Entry Tax 3,529,837 West Bengal High Court
Local Areas Act, 2012 FY-2015-16
Joint Commissioner of
The West Bengal Value Added Tax Sales Tax 4,097,332 FY-2010-11
Sales Tax
Central Joint Commissioner of
The Central Sales Tax (West Bengal ) 1,750,127 FY-2010-11
Sales Tax Sales Tax
* Company has paid INR 4,000,000 under protest

^ Company has paid INR 3,265,000 under protest
Disclosure in auditors report relating to default in repayment of financial dues

As the Company does not have any loans or borrowings from any financial institution or bank or Government, nor has it issued any debentures as
at the balance sheet date, the provisions of Clause 3(viii) of the Order are not applicable to the Company.
Disclosure in auditors report relating to public offer and term loans used for purpose for which those were raised
The Company has not raised any moneys by way of initial public offer, further public offer (including debt instruments) and term loans.
Accordingly, the provisions of Clause 3(ix) of the Order are not applicable to the Company.
24
Disclosure in auditors report relating to fraud by the company or on the company by its officers or its employees
reported during period
During the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted auditing
practices in India, and according to the information and explanations given to us, we have neither come across any instance of material fraud by
the Company or on the Company by its officers or employees, noticed or reported during the year, nor have we been informed of any such case by
the Management.
Disclosure in auditors report relating to transactions with related parties

The Company has entered into transactions with related parties in compliance with the provisions of Sections 177 and 188 of the Act. The details
of such related party transactions have been disclosed in the financial statements as required under Accounting Standard (AS) 18, Related Party
Disclosures specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014.
Disclosure in auditors report relating to preferential allotment or private placement of shares or convertible
debentures
The Company has not made any preferential allotment or private placement of shares or fully or partly convertible debentures during the year
under review. Accordingly, the provisions of Clause 3(xiv) of the Order are not applicable to the Company.
25
Disclosure in auditor’s report explanatory [Text Block]

INDEPENDENT AUDITORS’ REPORT
TO THE MEMBERS OF LIEBHERR INDIA PRIVATE LIMITED
Report on the Financial Statements
1. We have audited the accompanying financial statements of Liebherr India Private Limited (“the Company”), which comprise the Balance Sheet
as at December 31, 2016, the Statement of Profit and Loss, the Cash Flow Statement for the year then ended, and a summary of the significant
accounting policies and other explanatory information.
Management’s Responsibility for the Financial Statements
2. The Company’s Board of Directors is responsible for the matters stated in Section 134(5) of the Companies Act, 2013 (“the Act”) with respect
to the preparation of these financial statements to give a true and fair view of the financial position, financial performance and cash flows of the
Company in accordance with the accounting principles generally accepted in India, including the Accounting Standards specified under Section
133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014. This responsibility also includes maintenance of adequate accounting
records in accordance with the provisions of the Act for safeguarding of the assets of the Company and for preventing and detecting frauds and
other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent;
and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and
completeness of the accounting records, relevant to the preparation and presentation of the financial statements that give a true and fair view and
are free from material misstatement, whether due to fraud or error.
Auditors’ Responsibility
3. Our responsibility is to express an opinion on these financial statements based on our audit.
4. We have taken into account the provisions of the Act and the Rules made thereunder including the accounting standards and matters which are
required to be included in the audit report.
5. We conducted our audit in accordance with the Standards on Auditing specified under Section 143(10) of the Act and other applicable
authoritative pronouncements issued by the Institute of Chartered Accountants of India. Those Standards and pronouncements require that we
comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether the financial statements are free
from material misstatement.
6. An audit involves performing procedures to obtain audit evidence about the amounts and the disclosures in the financial statements. The
procedures selected depend on the auditors’ judgment, including the assessment of the risks of material misstatement of the financial statements,
whether due to fraud or error. In making those risk assessments, the auditor considers internal financial control relevant to the Company’s
preparation of the financial statements that give a true and fair view, in order to design audit procedures that are appropriate in the circumstances.
An audit also includes evaluating the appropriateness of the accounting policies used and the reasonableness of the accounting estimates made by
the Company’s Directors, as well as evaluating the overall presentation of the financial statements.
7. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the financial
statements.
Opinion
8. In our opinion and to the best of our information and according to the explanations given to us, the aforesaid financial statements give the
information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally
accepted in India, of the state of affairs of the Company as at December 31, 2016, and its profit and its cash flows for the year ended on that date.
Other Matter
9. The financial statements of the Company for the year ended December 31, 2015, were audited by another firm of chartered accountants under
the Companies Act, 2013 who, vide their report dated March 11, 2016 expressed an unmodified opinion on those financial statements.
Report on Other Legal and Regulatory Requirements
10. As required by ‘the Companies (Auditor’s Report) Order, 2016’, issued by the Central Government of India in terms of sub-section (11) of
section 143 of the Act (hereinafter referred to as the “Order”), and on the basis of such checks of the books and records of the Company as we
considered appropriate and according to the information and explanations given to us, we give in the Annexure B a statement on the matters
specified in paragraphs 3 and 4 of the Order.
11. As required by Section 143 (3) of the Act, we report that:
26
(a) We have sought and obtained all the information and explanations which to the best of our knowledge and belief were necessary for the
purposes of our audit.
(b) In our opinion, proper books of account as required by law have been kept by the Company so far as it appears from our examination of those
books except that the back-up of the books of account maintained in electronic mode has not been maintained on servers physically located in
India.
(c) The Balance Sheet, the Statement of Profit and Loss, and the Cash Flow Statement dealt with by this Report are in agreement with the books
of account.
(d) In our opinion, the aforesaid financial statements comply with the Accounting Standards specified under Section 133 of the Act, read with
Rule 7 of the Companies (Accounts) Rules, 2014.
(e) On the basis of the written representations received from the directors as on December 31, 2016 taken on record by the Board of Directors,
none of the directors is disqualified as on December 31, 2016 from being appointed as a director in terms of Section 164 (2) of the Act.
(f) With respect to the adequacy of the internal financial controls over financial reporting of the Company and the operating effectiveness of such
controls, refer to our separate Report in Annexure A.
(g) With respect to the other matters to be included in the Auditors’ Report in accordance with Rule 11 of the Companies (Audit and Auditors)
Rules, 2014, in our opinion and to the best of our knowledge and belief and according to the information and explanations given to us:
i. The Company has disclosed the impact of pending litigations as at December 31, 2016. on its financial position in its financial statements –
Refer Note 23.1;
ii. The Company has long-term contracts as at December 31, 2016 for which there were no material foreseeable losses. The Company did not
have any derivative contracts as at March 31, 2016.
iii. There were no amounts which were required to be transferred to the Investor Education and Protection Fund by the Company during the year
ended December 31, 2016.
For Price Waterhouse Chartered Accountants LLP

Firm Registration Number: 012754N/N500016
Chartered Accountants
Amit Borkar
Partner
Membership Number 109846
Pune
March 2, 2017
Annexure A to Independent Auditors’ Report
Referred to in paragraph 11(f) of the Independent Auditors’ Report of even date to the members of Liebherr India Private Limited on the financial
statements for the year ended December 31, 2016
Report on the Internal Financial Controls under Clause (i) of Sub-section 3 of Section 143 of the Act
1. We have audited the internal financial controls over financial reporting of Liebherr India Private Limited (“the Company”) as of December 31,
2016 in conjunction with our audit of the financial statements of the Company for the year ended on that date.
Management’s Responsibility for Internal Financial Controls
2. The Company’s management is responsible for establishing and maintaining internal financial controls based on the internal control over
financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on
Audit of Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India (ICAI). These
responsibilities include the design, implementation and maintenance of adequate internal financial controls that were operating effectively for
ensuring the orderly and efficient conduct of its business, including adherence to company’s policies, the safeguarding of its assets, the prevention
and detection of frauds and errors, the accuracy and completeness of the accounting records, and the timely preparation of reliable financial
information, as required under the Act.
Auditors’ Responsibility
3. Our responsibility is to express an opinion on the Company's internal financial controls over financial reporting based on our audit. We
conducted our audit in accordance with the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting (the “Guidance
Note”) and the Standards on Auditing deemed to be prescribed under section 143(10) of the Act to the extent applicable to an audit of internal
financial controls, both applicable to an audit of internal financial controls and both issued by the ICAI. Those Standards and the Guidance Note
27
require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether adequate internal
financial controls over financial reporting was established and maintained and if such controls operated effectively in all material respects.
4. Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial
reporting and their operating effectiveness. Our audit of internal financial controls over financial reporting included obtaining an understanding of
internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and
operating effectiveness of internal control based on the assessed risk. The procedures selected depend on the auditor’s judgement, including the
assessment of the risks of material misstatement of the financial statements, whether due to fraud or error.
5. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion on the Company’s
internal financial controls system over financial reporting.
Meaning of Internal Financial Controls Over Financial Reporting
6. A company's internal financial control over financial reporting is a process designed to provide reasonable assurance regarding the reliability of
financial reporting and the preparation of financial statements for external purposes in accordance with generally accepted accounting principles.
A company's internal financial control over financial reporting includes those policies and procedures that (1) pertain to the maintenance of
records that, in reasonable detail, accurately and fairly reflect the transactions and dispositions of the assets of the company; (2) provide
reasonable assurance that transactions are recorded as necessary to permit preparation of financial statements in accordance with generally
accepted accounting principles, and that receipts and expenditures of the company are being made only in accordance with authorisations of
management and directors of the company; and (3) provide reasonable assurance regarding prevention or timely detection of unauthorised
acquisition, use, or disposition of the company's assets that could have a material effect on the financial statements.
Inherent Limitations of Internal Financial Controls Over Financial Reporting
7. Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper
management override of controls, material misstatements due to error or fraud may occur and not be detected. Also, projections of any evaluation
of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over financial
reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may
deteriorate.
Opinion
8. In our opinion, the Company has, in all material respects, an adequate internal financial controls system over financial reporting and such
internal financial controls over financial reporting were operating effectively as at December 31, 2016, based on the internal control over financial
reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of
Internal Financial Controls Over Financial Reporting issued by the Institute of Chartered Accountants of India.

Amit Borkar
Partner
Pune
March 2, 2017
Annexure B to Independent Auditors’ Report
Referred to in paragraph 10 of the Independent Auditors’ Report of even date to the members of Liebherr India Private Limited on the financial
statements as of and for the year ended December 31, 2016.
i. (a) The Company is maintaining proper records showing full particulars, including quantitative details and situation, of fixed assets.
(b) The fixed assets are physically verified by the Management according to a phased programme designed to cover all the items over a period of
2 years which, in our opinion, is reasonable having regard to the size of the Company and the nature of its assets. Pursuant to the programme, a
portion of the fixed assets has been physically verified by the Management during the year and no material discrepancies have been noticed on
such verification.
(c) The Company does not own any immovable properties as disclosed in Note 9 on fixed assets to the financial statements. Therefore, the
provisions of Clause 3(i)(c) of the said Order are not applicable to the Company.
ii. The physical verification of inventory excluding stocks with third parties have been conducted at reasonable intervals by the Management
during the year. In respect of inventory lying with third parties, these have substantially been confirmed by them. The discrepancies noticed on
physical verification of inventory as compared to book records were not material.
iii. The Company has not granted any loans, secured or unsecured, to companies, firms, Limited Liability Partnerships or other parties covered in
28
the register maintained under Section 189 of the Act. Therefore, the provisions of Clause 3(iii), (iii)(a), (iii)(b) and (iii)(c) of the said Order are
not applicable to the Company.
iv. The Company has not granted any loans or made any investments, or provided any guarantees or security to the parties covered under Section
185 and 186. Therefore, the provisions of Clause 3(iv) of the said Order are not applicable to the Company.
v. The Company has not accepted any deposits from the public within the meaning of Sections 73, 74, 75 and 76 of the Act and the Rules framed
there under to the extent notified.
vi. The Central Government of India has not specified the maintenance of cost records under sub-section (1) of Section 148 of the Act for any of
the products of the Company.
vii. (a) According to the information and explanations given to us and the records of the Company examined by us, in our opinion, the Company
is generally regular in depositing the undisputed statutory dues in respect of income tax and service tax, though there has been a slight delay in a
few cases, and is regular in depositing undisputed statutory dues, including provident fund, sales tax, duty of customs, duty of excise, value added
tax, and other material statutory dues, as applicable, with the appropriate authorities.
(b) According to the information and explanations given to us and the records of the Company examined by us, there are no dues of duty of
customs, which have not been deposited on account of any dispute. The particulars of dues of income tax, sales tax, service tax, and value added
29
tax as at December 31, 2016 which have not been deposited on account of a dispute, are as follows:
Nature of Amount Period to which the Forum where the dispute is

Name of the statute
dues (Rs.) amount relates pending
Income Tax Act, 1961 Income Tax 5,222,315* AY-2009-10
Tax (Appeals)
Income Tax Act, 1961 Income Tax 6,529,019^ AY-2010-11
Tax (Appeals)
Tax (Appeals)
Income Tax Appellate
Tribunal
Tax (Appeals)
Tax (Appeals)
FY-2008-09 to FY Commissioner of Service
Finance Act, 1994 Service Tax 248,166,279
2014-15 Tax, Mumbai
The West Bengal Tax on Entry of Goods into FY-2013-14 to
Entry Tax 3,529,837 West Bengal High Court
Local Areas Act, 2012 FY-2015-16
Joint Commissioner of
The West Bengal Value Added Tax Sales Tax 4,097,332 FY-2010-11
Sales Tax
Central Joint Commissioner of
The Central Sales Tax (West Bengal ) 1,750,127 FY-2010-11
Sales Tax Sales Tax
* Company has paid INR 4,000,000 under protest

^ Company has paid INR 3,265,000 under protest
viii. As the Company does not have any loans or borrowings from any financial institution or bank or Government, nor has it issued any
debentures as at the balance sheet date, the provisions of Clause 3(viii) of the Order are not applicable to the Company.
ix. The Company has not raised any moneys by way of initial public offer, further public offer (including debt instruments) and term loans.
Accordingly, the provisions of Clause 3(ix) of the Order are not applicable to the Company.
x. During the course of our examination of the books and records of the Company, carried out in accordance with the generally accepted auditing
practices in India, and according to the information and explanations given to us, we have neither come across any instance of material fraud by
the Company or on the Company by its officers or employees, noticed or reported during the year, nor have we been informed of any such case by
the Management.
xi. The provisions of Section 197 read with Schedule V to the Act are applicable only to public companies. Accordingly, the provisions of Clause
3(xi) of the Order are not applicable to the Company.
xii. As the Company is not a Nidhi Company and the Nidhi Rules, 2014 are not applicable to it, the provisions of Clause 3(xii) of the Order are
not applicable to the Company.
xiii. The Company has entered into transactions with related parties in compliance with the provisions of Sections 177 and 188 of the Act. The
details of such related party transactions have been disclosed in the financial statements as required under Accounting Standard (AS) 18, Related
Party Disclosures specified under Section 133 of the Act, read with Rule 7 of the Companies (Accounts) Rules, 2014.
xiv. The Company has not made any preferential allotment or private placement of shares or fully or partly convertible debentures during the year
under review. Accordingly, the provisions of Clause 3(xiv) of the Order are not applicable to the Company.
xv. The Company has not entered into non cash transactions with its directors or persons connected with him. Accordingly, the provisions of
Clause 3(xv) of the Order are not applicable to the Company.
xvi. The Company is not required to be registered under Section 45-IA of the Reserve Bank of India Act, 1934. Accordingly, the provisions of
Clause 3(xvi) of the Order are not applicable to the Company.

Amit Borkar
Partner
30
Pune
March 2, 2017
[400500] Disclosures - Secretarial audit report

01/01/2016
to
31/12/2016
Disclosure in secretarial audit report explanatory [TextBlock]
Whether secretarial audit report is applicable on company No
Whether secretarial audit report has been qualified or has any
No
observation or other remarks
[100100] Balance sheet

31/12/2016 31/12/2015
Balance sheet [Abstract]
Equity and liabilities [Abstract]
Shareholders' funds [Abstract]
Share capital 1,25,00,000 1,25,00,000
Reserves and surplus 111,74,03,527 111,72,64,851
Total shareholders' funds 112,99,03,527 112,97,64,851
Share application money pending allotment 0 0
Non-current liabilities [Abstract]
Long-term borrowings 0 0
Other long-term liabilities 20,85,775 9,51,247
Long-term provisions 4,69,08,745 2,88,11,498
Total non-current liabilities 4,89,94,520 2,97,62,745
Current liabilities [Abstract]
Short-term borrowings 0 0
Trade payables 34,82,95,215 45,72,57,494
Other current liabilities 6,48,22,222 6,09,17,363
Short-term provisions 83,55,364 73,86,693
Total current liabilities 42,14,72,801 52,55,61,550
Total equity and liabilities 160,03,70,848 168,50,89,146
Assets [Abstract]
Non-current assets [Abstract]
Fixed assets [Abstract]
Tangible assets 6,70,78,273 5,16,33,825
Intangible assets 14,21,490 58,43,740
Total fixed assets 6,84,99,763 5,74,77,565
Non-current investments 0 0
Deferred tax assets (net) 9,60,14,369 6,99,94,248
Long-term loans and advances 7,95,76,249 10,86,55,631
Other non-current assets 0 0
Total non-current assets 24,40,90,381 23,61,27,444
Current assets [Abstract]
Current investments 0 0
Inventories 42,75,15,919 40,94,43,556
Trade receivables 27,89,81,455 27,70,22,590
Cash and bank balances 57,36,32,032 68,89,80,895
Short-term loans and advances 5,73,02,793 5,32,66,252
Other current assets 1,88,48,268 2,02,48,409
Total current assets 135,62,80,467 144,89,61,702
Total assets 160,03,70,848 168,50,89,146
31
[400300] Disclosures - Signatories of financial statements
Details of directors signing financial statements [Table] ..(1)

Directors signing financial statements [Axis] DirectorssigningFS1 DirectorssigningFS2
01/01/2016 01/01/2016
to to
31/12/2016 31/12/2016
Details of signatories of financial statements [Abstract]
Details of directors signing financial statements [Abstract]
Details of directors signing financial statements [LineItems]
Name of director signing financial statements [Abstract]
First name of director RAHUL GERHARD
Last name of director DANDAVATE FRAINER
Designation of director Managing Director Director
Director identification number of director 07041371 05210543
Date of signing of financial statements by director 02/03/2017 02/03/2017
32
[100400] Cash flow statement, indirect

01/01/2016 01/01/2015
to to 31/12/2014
31/12/2016 31/12/2015
Statement of cash flows [Abstract]
Whether cash flow statement is applicable on company Yes Yes
Cash flows from used in operating activities [Abstract]
Profit before extraordinary items and tax 22,90,405 2,41,27,957
Adjustments for reconcile profit (loss) [Abstract]
Adjustments to profit (loss) [Abstract]
Adjustments for finance costs 10,71,583 -87,56,262
Adjustments for depreciation and amortisation expense 2,27,56,387 3,05,92,298
Other adjustments for which cash effects are investing or
-1,67,30,149 6,55,002
financing cash flow
Other adjustments for non-cash items 2,75,05,286 -39,70,214
Total adjustments to profit (loss) 3,46,03,107 1,85,20,824
Adjustments for working capital [Abstract]
Adjustments for decrease (increase) in inventories -4,67,45,880 -2,16,51,577
Adjustments for decrease (increase) in trade receivables -1,58,53,647 7,02,84,666
Adjustments for decrease (increase) in other current assets -45,40,270 8,07,38,907
Adjustments for increase (decrease) in trade payables -12,34,70,926 -9,01,56,823
Adjustments for increase (decrease) in other current liabilities 48,65,948 0
Adjustments for provisions 1,90,65,918 -3,80,38,722
Total adjustments for working capital -16,66,78,857 11,76,451
Total adjustments for reconcile profit (loss) -13,20,75,750 1,96,97,275
Net cash flows from (used in) operations -12,97,85,345 4,38,25,232
Income taxes paid (refund) 3,07,60,948 5,72,36,344
Net cash flows from (used in) operating activities before extraordinary
-16,05,46,293 -1,34,11,112
items
Net cash flows from (used in) operating activities -16,05,46,293 -1,34,11,112
Cash flows from used in investing activities [Abstract]
Proceeds from sales of tangible assets 16,72,926 25,20,637
Purchase of tangible assets 93,34,472 4,00,01,347
Interest received 5,28,58,977 4,19,78,813
Income taxes paid (refund) 0 0
Other inflows (outflows) of cash 22,64,00,000 -56,57,00,000
Net cash flows from (used in) investing activities before extraordinary
27,15,97,431 -56,12,01,897
items
Net cash flows from (used in) investing activities 27,15,97,431 -56,12,01,897
Cash flows from used in financing activities [Abstract]
Proceeds from issuing shares 0 -9,35,500
Dividends paid 0 3,92,00,000
Income taxes paid (refund) 0 0
Other inflows (outflows) of cash 0 -79,80,198
Net cash flows from (used in) financing activities before extraordinary
0 -4,81,15,698
items
Net cash flows from (used in) financing activities 0 -4,81,15,698
Net increase (decrease) in cash and cash equivalents before effect of
11,10,51,138 -62,27,28,707
exchange rate changes
Net increase (decrease) in cash and cash equivalents 11,10,51,138 -62,27,28,707
Cash and cash equivalents cash flow statement at end of period 16,36,32,032 5,25,80,895 67,53,09,603
33
[200100] Notes - Share capital
Disclosure of classes of share capital [Table] ..(1)

Classes of share capital [Axis] Share capital [Member] Equity shares [Member]
01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Number of shares authorised [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000
Value of shares authorised 1,25,00,000 1,25,00,000 1,25,00,000 1,25,00,000
Number of shares issued [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000
Value of shares issued 1,25,00,000 1,25,00,000 1,25,00,000 1,25,00,000
Number of shares subscribed and fully paid [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000
Value of shares subscribed and fully paid 1,25,00,000 1,25,00,000 1,25,00,000 1,25,00,000
Number of shares subscribed but not fully paid [shares] 0 [shares] 0 [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0 0 0
Total number of shares subscribed [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000
Total value of shares subscribed 1,25,00,000 1,25,00,000 1,25,00,000 1,25,00,000
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000
Value of shares called 1,25,00,000 1,25,00,000 1,25,00,000 1,25,00,000
Calls unpaid [Abstract]
Calls unpaid by directors and officers
[Abstract]
Calls unpaid by directors 0 0 0 0
Calls unpaid by officers 0 0 0 0
Total calls unpaid by directors and
0 0 0 0
officers
Calls unpaid by others 0 0 0 0
Total calls unpaid 0 0 0 0
Forfeited shares 0 0 0 0
Forfeited shares reissued 0 0 0 0
Value of shares paid-up 1,25,00,000 1,25,00,000 1,25,00,000 1,25,00,000
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Increase in number of shares outstanding
[Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued in private
placement arising out of conversion of
[shares] 0 [shares] 0 [shares] 0 [shares] 0
debentures preference shares during
period
Number of shares issued in other private
placement
Number of shares issued as preferential
allotment arising out of conversion of
period
Number of shares issued as other
preferential allotment
Number of shares allotted for
contracts without payment received [shares] 0 [shares] 0 [shares] 0 [shares] 0
in cash
Number of shares issued under scheme of
amalgamation
Number of other issues of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Number of shares issued under employee
stock option plan
34
Number of other issue of shares

arising out of conversion of [shares] 0 [shares] 0 [shares] 0 [shares] 0
securities
Total aggregate number of shares issued
during period
Decrease in number of shares during period
[Abstract]
Number of shares bought back [shares] 0 [shares] 0 [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0 [shares] 0 [shares] 0
Total decrease in number of shares during
period
Total increase (decrease) in number of
shares outstanding
Number of shares outstanding at end of period [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000
Reconciliation of value of shares outstanding
[Abstract]
Changes in share capital [Abstract]
Increase in share capital during period
[Abstract]
Amount of public issue during period 0 0 0 0
Amount of bonus issue during period 0 0 0 0
Amount of rights issue during period 0 0 0 0
Amount of private placement issue
arising out of conversion of debentures 0 0 0 0
preference shares during period
Amount of other private placement issue
0 0 0 0
during period
Amount of preferential allotment issue
arising out of conversion of debentures 0 0 0 0
Amount of other preferential allotment
0 0 0 0
issue during period
Amount of issue allotted for
contracts without payment 0 0 0 0
received in cash during period
Amount of issue under scheme of
0 0 0 0
amalgamation during period
Amount of other issues during period 0 0 0 0
Amount of employee stock option plan
0 0 0 0
issued during period
Amount of other issue arising out of
conversion of securities during 0 0 0 0
period
Total aggregate amount of increase in
0 0 0 0
share capital during period
Decrease in share capital during period
[Abstract]
Decrease in amount of shares bought back 0 0 0 0
Other decrease in amount of shares 0 0 0 0
Total decrease in share capital during
0 0 0 0
period
Total increase (decrease) in share capital 0 0 0 0
Share capital at end of period 1,25,00,000 1,25,00,000 1,25,00,000 1,25,00,000
Shares in company held by holding company or
ultimate holding company or by its subsidiaries
or associates [Abstract]
Shares in company held by holding company [shares] 12,49,999 [shares] 12,49,999 [shares] 12,49,999 [shares] 12,49,999
Shares in company held by ultimate holding
company
Shares in company held by subsidiaries of its
holding company
ultimate holding company
Shares in company held by associates of its
holding company
Total shares in company held by holding company
or ultimate holding company or by its [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000
subsidiaries or associates
35
Shares reserved for issue under options

and contracts or commitments for sale of [shares] 0 [shares] 0 [shares] 0 [shares] 0
shares or disinvestment
Amount of shares reserved for issue under options
and contracts or commitments for sale of shares or 0 0 0 0
disinvestment
Aggregate number of fully paid-up shares issued
pursuant to contracts without payment being [shares] 0 [shares] 0 [shares] 0 [shares] 0
received in cash during last five years
Aggregate number of fully paid-up shares
issued by way of bonus shares during last [shares] 0 [shares] 0 [shares] 0 [shares] 0
five years
Aggregate number of shares bought back during
last five years
Original paid-up value of forfeited shares 0 0 0 0
Details of application money received for
allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of
securities and due for refund and interest
accrued thereon [Abstract]
Application money received for
allotment of securities and due for 0 0 0 0
refund, principal
allotment of securities and due for 0 0 0 0
refund, interest accrued
Total application money received for
allotment of securities and due for refund 0 0 0 0
and interest accrued thereon
Number of shares proposed to be issued [shares] 0 [shares] 0 [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0 0 0
36
Disclosure of classes of share capital [Table] ..(2)

Equity shares
Classes of share capital [Axis] Equity shares 1 [Member]
[Member]
01/01/2016 01/01/2015
31/12/2014 to to 31/12/2014
31/12/2016 31/12/2015
Disclosure of classes of share capital [Abstract]
Disclosure of classes of share capital [LineItems]
Type of share Equity Share Equity Share
Number of shares authorised [shares] 12,50,000 [shares] 12,50,000
Value of shares authorised 1,25,00,000 1,25,00,000
Number of shares issued [shares] 12,50,000 [shares] 12,50,000
Value of shares issued 1,25,00,000 1,25,00,000
Number of shares subscribed and fully paid [shares] 12,50,000 [shares] 12,50,000
Value of shares subscribed and fully paid 1,25,00,000 1,25,00,000
Number of shares subscribed but not fully paid [shares] 0 [shares] 0
Value of shares subscribed but not fully paid 0 0
Total number of shares subscribed [shares] 12,50,000 [shares] 12,50,000
Total value of shares subscribed 1,25,00,000 1,25,00,000
Value of shares paid-up [Abstract]
Number of shares paid-up [shares] 12,50,000 [shares] 12,50,000
Value of shares called 1,25,00,000 1,25,00,000
Calls unpaid [Abstract]
Calls unpaid by directors and officers
[Abstract]
Calls unpaid by directors 0 0
Calls unpaid by officers 0 0
Total calls unpaid by directors and
0 0
officers
Calls unpaid by others 0 0
Total calls unpaid 0 0
Forfeited shares 0 0
Forfeited shares reissued 0 0
Value of shares paid-up 1,25,00,000 1,25,00,000
Par value per share [INR/shares] 10 [INR/shares] 10
Amount per share called in case shares not fully
[INR/shares] 0 [INR/shares] 0
called
Reconciliation of number of shares outstanding
[Abstract]
Changes in number of shares outstanding
[Abstract]
Increase in number of shares outstanding
[Abstract]
Number of shares issued in public offering [shares] 0 [shares] 0
Number of shares issued as bonus shares [shares] 0 [shares] 0
Number of shares issued as rights [shares] 0 [shares] 0
Number of shares issued in private
placement arising out of conversion of
[shares] 0 [shares] 0
period
Number of shares issued in other private
placement
Number of shares issued as preferential
allotment arising out of conversion of
period
Number of shares issued as other
preferential allotment
Number of shares allotted for
contracts without payment received [shares] 0 [shares] 0
in cash
Number of shares issued under scheme of
amalgamation
Number of other issues of shares [shares] 0 [shares] 0
Number of shares issued under employee
stock option plan
37
Number of other issue of shares

arising out of conversion of [shares] 0 [shares] 0
securities
Total aggregate number of shares issued
during period
Decrease in number of shares during period
[Abstract]
Number of shares bought back [shares] 0 [shares] 0
Other decrease in number of shares [shares] 0 [shares] 0
Total decrease in number of shares during
period
Total increase (decrease) in number of
shares outstanding
Number of shares outstanding at end of period [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000 [shares] 12,50,000
Reconciliation of value of shares outstanding
[Abstract]
Changes in share capital [Abstract]
Increase in share capital during period
[Abstract]
Amount of public issue during period 0 0
Amount of bonus issue during period 0 0
Amount of rights issue during period 0 0
Amount of private placement issue
arising out of conversion of debentures 0 0
Amount of other private placement issue
0 0
during period
Amount of preferential allotment issue
arising out of conversion of debentures 0 0
Amount of other preferential allotment
0 0
issue during period
Amount of issue allotted for
contracts without payment 0 0
received in cash during period
Amount of issue under scheme of
0 0
amalgamation during period
Amount of other issues during period 0 0
Amount of employee stock option plan
0 0
issued during period
Amount of other issue arising out of
conversion of securities during 0 0
period
Total aggregate amount of increase in
0 0
share capital during period
Decrease in share capital during period
[Abstract]
Decrease in amount of shares bought back 0 0
Other decrease in amount of shares 0 0
Total decrease in share capital during
0 0
period
Total increase (decrease) in share capital 0 0
Share capital at end of period 1,25,00,000 1,25,00,000 1,25,00,000 1,25,00,000
Shares in company held by holding company or
ultimate holding company or by its subsidiaries
or associates [Abstract]
Shares in company held by holding company [shares] 12,49,999 [shares] 12,49,999
Shares in company held by ultimate holding
company
holding company
holding company
Total shares in company held by holding company
or ultimate holding company or by its [shares] 12,50,000 [shares] 12,50,000
subsidiaries or associates
38
Shares reserved for issue under options

and contracts or commitments for sale of [shares] 0 [shares] 0
shares or disinvestment
Amount of shares reserved for issue under options
and contracts or commitments for sale of shares or 0 0
disinvestment
Aggregate number of fully paid-up shares issued
pursuant to contracts without payment being [shares] 0 [shares] 0
received in cash during last five years
Aggregate number of fully paid-up shares
issued by way of bonus shares during last [shares] 0 [shares] 0
five years
Aggregate number of shares bought back during
last five years
Original paid-up value of forfeited shares 0 0
Details of application money received for
allotment of securities and due for refund and
interest accrued thereon [Abstract]
Application money received for allotment of
securities and due for refund and interest
accrued thereon [Abstract]
allotment of securities and due for 0 0
refund, principal
allotment of securities and due for 0 0
refund, interest accrued
Total application money received for
allotment of securities and due for refund 0 0
and interest accrued thereon
Number of shares proposed to be issued [shares] 0 [shares] 0
Share premium for shares to be allotted 0 0
Disclosure of shareholding more than five per cent in company [Table] ..(1)
Classes of share capital [Axis] Equity shares 1 [Member]
Name of shareholder [Axis] Shareholder 1 [Member] Shareholder 2 [Member]
01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Disclosure of shareholding more than five per cent in
company [Abstract]
Disclosure of shareholding more than five per cent
in company [LineItems]
Type of share Equity Share Equity Share Equity Share Equity Share
Liebherr Werk Liebherr Werk Liebherr MCCtec Liebherr MCCtec
Name of shareholder Nenzing GmbH Nenzing GmbH GmbH, Austria GmbH, Austria
Country of incorporation or residence of
AUSTRIA AUSTRIA AUSTRIA AUSTRIA
shareholder
Number of shares held in company [shares] 12,49,999 [shares] 12,49,999 [shares] 1 [shares] 1
Percentage of shareholding in company 99.99% 99.99% 0.01% 0.01%

01/01/2016 01/01/2015
to to
31/12/2016 31/12/2015
Disclosure of notes on share capital explanatory [TextBlock] [See below]
Whether there are any shareholders holding more than five per cent
Yes Yes
shares in company
Whether reduction in capital done during year No No
Whether money raised from public offering during year No No
39
Disclosure of notes on share capital explanatory [Text Block]

The Company has issued one class of equity shares having a par value of Rs. 10 per share. Each shareholder is eligible for one vote per share
held. The dividend, if any, proposed by the Board of Directors is subject to the approval of the shareholders in the ensuing Annual General
Meeting, except in case of interim dividend. In the event of liquidation, the equity shareholders are eligible to receive the remaining assets of the
Company after distribution of all preferential amounts, in proportion to their shareholding.
40
[200200] Notes - Reserves and surplus
Statement of changes in reserves [Table] ..(1)

Components of reserves [Axis] Reserves [Member] Securities premium account [Member]
01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Statement of changes in reserves [Abstract]
Statement of changes in reserves [LineItems]
Changes in reserves [Abstract]
Additions to reserves [Abstract]
Profit (loss) for period 1,38,676 11,29,263 0 0
Other additions to reserves 0 46,356 0 0
Total additions to reserves 1,38,676 11,75,619 0 0
Deductions to reserves [Abstract]
Securities premium adjusted bonus shares 0 0 0 0
Securities premium adjusted writing off
0 0 0 0
preliminary expenses
Securities premium adjusted writing off
discount expenses issue shares 0 0 0 0
debentures
Securities premium adjusted premium
payable redemption preference shares 0 0 0 0
debentures
Securities premium adjusted purchase
own shares other securities under 0 0 0 0
section 68
Other utilisation of securities premium if
0 0 0 0
permitted
Other deductions to reserves 0 0 0 0
Total deductions to reserves 0 0 0 0
Appropriations for dividend, dividend tax and
general reserve [Abstract]
Dividend appropriation [Abstract]
Interim dividend appropriation [Abstract]
Interim equity dividend appropriation 0 0
Interim preferred dividend
0 0
appropriation
Interim special dividend appropriation 0 0
Total interim dividend appropriation 0 0
Final dividend appropriation [Abstract]
Final equity dividend appropriation 0 0
Final preferred dividend appropriation 0 0
Final special dividend appropriation 0 0
Total final dividend appropriation 0 0
Total dividend appropriation 0 0
Dividend tax appropriation [Abstract]
Equity dividend tax appropriation 0 0
Preferred dividend tax appropriation 0 0
Total dividend tax appropriation 0 0
Other appropriations 0 0 0 0
Transfer to general reserve 0 0 0 0
Total appropriations for dividend,
0 0 0 0
dividend tax and general reserve
Appropriation towards bonus shares 0 0 0 0
Total changes in reserves 1,38,676 11,75,619 0 0
Reserves at end of period 111,74,03,527 111,72,64,851 74,25,00,000 74,25,00,000
Venturer's share of post-acquisition reserves
0 0 0 0
of jointly controlled enterprise
41

Securities premium
Components of reserves [Axis] Other reserves [Member]
account [Member]
01/01/2016 01/01/2015
31/12/2014 to to 31/12/2014
31/12/2016 31/12/2015
Profit (loss) for period 0 0
Other additions to reserves 0 0
Total additions to reserves 0 0
0 0
permitted
Other deductions to reserves 0 0
Total deductions to reserves 0 0
Interim equity dividend appropriation 0 0
0 0
appropriation
Interim special dividend appropriation 0 0
Total interim dividend appropriation 0 0
Final equity dividend appropriation 0 0
Final preferred dividend appropriation 0 0
Final special dividend appropriation 0 0
Total final dividend appropriation 0 0
Total dividend appropriation 0 0
Equity dividend tax appropriation 0 0
Preferred dividend tax appropriation 0 0
Total dividend tax appropriation 0 0
Other appropriations 0 0
Transfer to general reserve 0 0
0 0
Appropriation towards bonus shares 0 0
Total changes in reserves 0 0
0 0
42

Components of reserves [Axis] General reserve [Member] Surplus [Member]
01/01/2016 01/01/2015 01/01/2016
to to 31/12/2014 to
31/12/2016 31/12/2015 31/12/2016
Profit (loss) for period 0 0 1,38,676
Other additions to reserves 0 0 0
Total additions to reserves 0 0 1,38,676
0 0 0
permitted
Other deductions to reserves 0 0 0
Total deductions to reserves 0 0 0
Interim equity dividend appropriation 0 0 0
0 0 0
appropriation
Interim special dividend appropriation 0 0 0
Total interim dividend appropriation 0 0 0
Final equity dividend appropriation 0 0 0
Final preferred dividend appropriation 0 0 0
Final special dividend appropriation 0 0 0
Total final dividend appropriation 0 0 0
Total dividend appropriation 0 0 0
Equity dividend tax appropriation 0 0 0
Preferred dividend tax appropriation 0 0 0
Total dividend tax appropriation 0 0 0
Other appropriations 0 0 0
Transfer to general reserve 0 0 0
0 0 0
Appropriation towards bonus shares 0 0 0
Total changes in reserves 0 0 1,38,676
0 0 0
43

Components of reserves [Axis] Surplus [Member]
01/01/2015
to 31/12/2014
31/12/2015
Profit (loss) for period 11,29,263
Other additions to reserves 46,356
Total additions to reserves 11,75,619
Other utilisation of securities premium if permitted 0
Other deductions to reserves 0
Total deductions to reserves 0
Appropriations for dividend, dividend tax and general reserve [Abstract]
Interim equity dividend appropriation 0
Interim preferred dividend appropriation 0
Interim special dividend appropriation 0
Total interim dividend appropriation 0
Final equity dividend appropriation 0
Final preferred dividend appropriation 0
Final special dividend appropriation 0
Total final dividend appropriation 0
Total dividend appropriation 0
Equity dividend tax appropriation 0
Preferred dividend tax appropriation 0
Total dividend tax appropriation 0
Other appropriations 0
Transfer to general reserve 0
Total appropriations for dividend, dividend tax and general reserve 0
Appropriation towards bonus shares 0
Total changes in reserves 11,75,619
Reserves at end of period 34,94,93,223 34,83,17,604
Venturer's share of post-acquisition reserves of jointly controlled enterprise 0
[201000] Notes - Tangible assets
Disclosure of additional information tangible assets [Table] ..(1)

Company total tangible assets
Classes of tangible assets [Axis] Buildings [Member] Office building [Member]
[Member]
Owned and leased assets Assets held under lease
Sub classes of tangible assets [Axis] Assets held under lease [Member]
[Member] [Member]
01/01/2016 01/01/2015 01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015
Disclosure of additional information
tangible assets [Abstract]
tangible assets [LineItems]
[ As per [ As p e r [ As Per Member [ As Per Member Straight Line Straight Line
Depreciation method tangible assets Member(s) ] Member(s) ] (s) ] (s) ] Method Method
As specified in As specified in
Useful lives or depreciation rates [ As per [ As p e r [ As Per Member [ As Per Member Schedule II of Schedule II of
tangible assets Member(s) ] Member(s) ] (s) ] (s) ] Companies Act, Companies
2013 Act, 2013
44

Other plant and equipment Furniture and fixtures
Classes of tangible assets [Axis] Plant and equipment [Member]
[Member] [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member] Owned assets [Member]
01/01/2016 01/01/2015 01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015
[ As Per Member [ As Per Member Straight Line Straight Line Straight Line Straight Line
Depreciation method tangible assets (s) ] (s) ] Method Method Method Method
As specified in As specified in As specified in As specified in
Useful lives or depreciation rates [ As Per Member [ As Per Member Schedule II of Schedule II of Schedule II of Schedule II of
tangible assets (s) ] (s) ] Companies Act, Companies Act, Companies Act, Companies
2013 2013 2013 Act, 2013

Classes of tangible assets [Axis] Vehicles [Member] Motor vehicles [Member] Office equipment [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member] Owned assets [Member]
01/01/2016 01/01/2015 01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016 31/12/2015
[ As Per Member [ As Per Member Straight Line Straight Line Straight Line Straight Line
Depreciation method tangible assets (s) ] (s) ] Method Method Method Method
As specified in As specified in As specified in As specified in
Useful lives or depreciation rates [ As Per Member [ As Per Member Schedule II of Schedule II of Schedule II of Schedule II of
tangible assets (s) ] (s) ] Companies Act, Companies Act, Companies Act, Companies
2013 2013 2013 Act, 2013

Classes of tangible assets [Axis] Computer equipments [Member] Leasehold improvements [Member]
Sub classes of tangible assets [Axis] Owned assets [Member] Owned assets [Member]
01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Disclosure of additional information tangible assets
[Abstract]
Disclosure of additional information tangible assets
[LineItems]
Straight Line Straight Line
Depreciation method tangible assets Method
Straight Line Method
Method
Schedule II of Schedule II of
Useful lives or depreciation rates tangible assets Companies Act,
Schedule II of
Companies Act,
Schedule II of
Companies Act, 2013 Companies Act, 2013
2013 2013
45
Disclosure of tangible assets [Table] ..(1)

Classes of tangible assets [Axis] Company total tangible assets [Member]
Sub classes of tangible assets [Axis] Owned and leased assets [Member]
Accumulated
depreciation
Carrying amount accumulated depreciation and gross
Carrying amount [Member] Gross carrying amount [Member] and
carrying amount [Axis]
impairment
[Member]
01/01/2016 01/01/2015 01/01/2016 01/01/2015 01/01/2016
to to to to 31/12/2014 to
31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016
Disclosure of tangible assets [Abstract]
Disclosure of tangible assets
[LineItems]
Reconciliation of changes in
Changes in tangible assets
[Abstract]
Additions other than through
business combinations tangible 3,55,53,774 1,36,76,573 3,55,53,774 1,36,76,573
assets
Acquisitions through
business combinations 0 0 0 0
tangible assets
Depreciation tangible assets -1,83,34,137 -2,61,83,784 1,83,34,137
Impairment loss
recognised in profit or 0 0 0
loss tangible assets
Reversal of impairment loss
recognised in profit or loss 0 0 0
tangible assets
Revaluation increase
0 0 0 0
(decrease) tangible assets
Disposals tangible assets
[Abstract]
0 0 0 0 0
through demergers
Disposals tangible assets,
17,75,189 41,63,178 1,55,93,307 82,69,833 1,38,18,118
others
Total disposals tangible
17,75,189 41,63,178 1,55,93,307 82,69,833 1,38,18,118
assets
Other adjustments tangible
assets [Abstract]
Increase (decrease) through
net exchange differences 0 0 0 0
tangible assets
0 -1 0 -1 0
assets, others
Total other adjustments
0 -1 0 -1 0
tangible assets
Total changes in tangible
1,54,44,448 -1,66,70,390 1,99,60,467 54,06,739 45,16,019
assets
Tangible assets at end of period 6,70,78,273 5,16,33,825 11,88,66,040 9,89,05,573 9,34,98,834 5,17,87,767
46

Company total tangible assets
Classes of tangible assets [Axis] Buildings [Member]
[Member]
Owned and leased assets
[Member]
Gross carrying
Carrying amount accumulated depreciation and gross Accumulated depreciation and
Carrying amount [Member] amount
carrying amount [Axis] impairment [Member]
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
business combinations tangible 0 27,43,539 0
assets
business combinations 0 0 0
tangible assets
Depreciation tangible assets 2,61,83,784 0 -41,44,818
Impairment loss
tangible assets
0 0 0
[Abstract]
0 0 0 0
through demergers
41,06,655 0 0 0
others
41,06,655 0 0 0
assets
assets [Abstract]
net exchange differences 0 0 0
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
2,20,77,129 0 -14,01,279 0
assets
Tangible assets at end of period 4,72,71,748 2,51,94,619 0 26,96,937 40,98,216 0
47

Office building
Classes of tangible assets [Axis] Buildings [Member]
[Member]
Assets held
Sub classes of tangible assets [Axis] Assets held under lease [Member] under lease
[Member]
Carrying
Carrying amount accumulated depreciation and gross Gross carrying amount Accumulated depreciation and impairment
amount
carrying amount [Axis] [Member] [Member]
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
business combinations tangible 27,43,539 0
assets
business combinations 0 0
tangible assets
Depreciation tangible assets 0 41,44,818 0
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
net exchange differences 0 0
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
27,43,539 0 41,44,818 0
assets
Tangible assets at end of period 76,83,595 49,40,056 0 49,86,658 8,41,840 0
48

Classes of tangible assets [Axis] Office building [Member]
Accumulated
depreciation
impairment
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
business combinations tangible 27,43,539 0 27,43,539
assets
tangible assets
Depreciation tangible assets -41,44,818 0
Impairment loss
recognised in profit or 0 0
recognised in profit or loss 0 0
tangible assets
0 0 0
[Abstract]
0 0 0 0
through demergers
0 0 0 0
others
0 0 0 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-14,01,279 0 27,43,539 0
assets
Tangible assets at end of period 26,96,937 40,98,216 0 76,83,595 49,40,056 0
49

Classes of tangible assets [Axis] Office building [Member] Plant and equipment [Member]
Sub classes of tangible assets [Axis] Assets held under lease [Member] Owned assets [Member]
Gross carrying
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
business combinations tangible 4,74,605 36,90,570 4,74,605
assets
tangible assets
Depreciation tangible assets 41,44,818 -19,97,620 -18,86,122
Impairment loss
tangible assets
0 0 0
[Abstract]
0 0 0 0
through demergers
0 14,34,068 0 18,41,567
others
0 14,34,068 0 18,41,567
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
41,44,818 -29,57,083 18,04,448 -13,66,962
assets
Tangible assets at end of period 49,86,658 8,41,840 1,35,67,187 1,65,24,270 1,47,19,822 1,96,03,400
50

Other plant
Classes of tangible assets [Axis] Plant and equipment [Member] and equipment
[Member]
Owned assets
Sub classes of tangible assets [Axis] Owned assets [Member]
[Member]
Carrying
amount
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
business combinations tangible 36,90,570 4,74,605
assets
tangible assets
Depreciation tangible assets 19,97,620 18,86,122 -19,97,620
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
0 4,07,499 0 14,34,068
others
0 4,07,499 0 14,34,068
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
36,90,570 15,90,121 18,86,122 -29,57,083
assets
Tangible assets at end of period 2,09,70,362 1,72,79,792 60,36,213 44,46,092 25,59,970 1,35,67,187
51

Classes of tangible assets [Axis] Other plant and equipment [Member]
Accumulated
depreciation
impairment
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
assets
tangible assets
Depreciation tangible assets -18,86,122 19,97,620
Impairment loss
tangible assets
0 0 0
[Abstract]
0 0 0 0
through demergers
0 18,41,567 0 4,07,499
others
0 18,41,567 0 4,07,499
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
18,04,448 -13,66,962 36,90,570 15,90,121
assets
Tangible assets at end of period 1,65,24,270 1,47,19,822 1,96,03,400 2,09,70,362 1,72,79,792 60,36,213
52

Other plant and equipment
Classes of tangible assets [Axis] Furniture and fixtures [Member]
[Member]
Gross carrying
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0
[Abstract]
0 0 0 0
through demergers
0 1,93,915 2,60,372 38,90,000
others
0 1,93,915 2,60,372 38,90,000
assets
assets [Abstract]
tangible assets
0 0 2,16,592 0
assets, others
0 0 2,16,592 0
tangible assets
18,86,122 8,24,187 -12,36,243 -81,556
assets
Tangible assets at end of period 44,46,092 25,59,970 1,02,16,266 93,92,079 1,06,28,322 1,49,89,295
53

Vehicles
Classes of tangible assets [Axis] Furniture and fixtures [Member]
[Member]
Owned assets
[Member]
Carrying
amount
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
3,73,187 36,96,085 1,12,815 0
others
3,73,187 36,96,085 1,12,815 0
assets
assets [Abstract]
tangible assets
2,57,987 0 41,395 0
assets, others
2,57,987 0 41,395 0
tangible assets
17,81,560 -9,05,743 30,17,803 -6,61,473
assets
Tangible assets at end of period 1,50,70,851 1,32,89,291 47,73,029 56,78,772 26,60,969 1,14,62,807
54

Classes of tangible assets [Axis] Vehicles [Member]
Accumulated
depreciation
impairment
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0
[Abstract]
0 0 0 0
through demergers
36,77,695 0 74,44,841 0
others
36,77,695 0 74,44,841 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-47,06,977 16,88,685 -56,07,094 23,50,158
assets
Tangible assets at end of period 1,21,24,280 1,68,31,257 1,87,43,418 1,70,54,733 2,26,61,827 72,80,611
55

Classes of tangible assets [Axis] Vehicles [Member] Motor vehicles [Member]
Gross carrying
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0
[Abstract]
0 0 0 0
through demergers
37,67,146 0 36,77,695 0
others
37,67,146 0 36,77,695 0
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-9,00,117 -6,61,473 -47,06,977 16,88,685
assets
Tangible assets at end of period 49,30,453 58,30,570 1,14,62,807 1,21,24,280 1,68,31,257 1,87,43,418
56

Office
Classes of tangible assets [Axis] Motor vehicles [Member] equipment
[Member]
Owned assets
[Member]
Carrying
amount
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
74,44,841 0 37,67,146 1,47,206
others
74,44,841 0 37,67,146 1,47,206
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
-56,07,094 23,50,158 -9,00,117 3,22,732
assets
Tangible assets at end of period 1,70,54,733 2,26,61,827 72,80,611 49,30,453 58,30,570 75,89,630
57

Classes of tangible assets [Axis] Office equipment [Member]
Accumulated
depreciation
impairment
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0
[Abstract]
0 0 0 0
through demergers
2,25,111 28,72,323 4,51,805 27,25,117
others
2,25,111 28,72,323 4,51,805 27,25,117
assets
assets [Abstract]
tangible assets
-1,90,329 0 -2,10,401 0
assets, others
-1,90,329 0 -2,10,401 0
tangible assets
-60,58,512 16,35,049 7,59,620 13,12,317
assets
Tangible assets at end of period 72,66,898 1,33,25,410 1,93,54,233 1,77,19,184 1,69,59,564 1,17,64,603
58

Classes of tangible assets [Axis] Office equipment [Member] Computer equipments [Member]
Gross carrying
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
assets
tangible assets
Impairment loss
tangible assets
0 0 0
[Abstract]
0 0 0 0
through demergers
2,26,694 0 0 20,49,361
others
2,26,694 0 0 20,49,361
assets
assets [Abstract]
tangible assets
-20,072 0 -26,264 0
assets, others
-20,072 0 -26,264 0
tangible assets
68,18,132 93,200 -50,71,827 9,52,420
assets
Tangible assets at end of period 1,04,52,286 36,34,154 37,22,561 36,29,361 87,01,188 2,13,59,268
59

Leasehold
Classes of tangible assets [Axis] Computer equipments [Member] improvements
[Member]
Owned assets
[Member]
Carrying
amount
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
business combinations tangible 20,86,131 2,20,72,887
assets
tangible assets
Impairment loss
tangible assets
0 0
[Abstract]
0 0 0 0
through demergers
0 20,49,361 0 0
others
0 20,49,361 0 0
assets
assets [Abstract]
tangible assets
-47,587 0 -21,323 0
assets, others
-47,587 0 -21,323 0
tangible assets
20,38,544 8,59,220 71,10,371 1,78,22,885
assets
Tangible assets at end of period 2,04,06,848 1,83,68,304 1,76,36,707 1,67,77,487 96,67,116 2,05,19,822
60

Classes of tangible assets [Axis] Leasehold improvements [Member]
Accumulated
depreciation
impairment
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
[LineItems]
[Abstract]
business combinations tangible 0 2,20,72,887 0
assets
tangible assets
Depreciation tangible assets 0 42,50,002
Impairment loss
tangible assets
0 0 0
[Abstract]
0 0 0 0
through demergers
0 49,40,056 0 49,40,056
others
0 49,40,056 0 49,40,056
assets
assets [Abstract]
tangible assets
0 0 0 0
assets, others
0 0 0 0
tangible assets
0 1,71,32,831 0 -6,90,054
assets
Tangible assets at end of period 0 0 2,48,16,426 0 0 42,96,604
61

Classes of tangible assets [Axis] Leasehold improvements [Member]
Accumulated depreciation and
Carrying amount accumulated depreciation and gross carrying amount [Axis]
impairment [Member]
01/01/2015
to 31/12/2014
31/12/2015
Disclosure of tangible assets [LineItems]
Reconciliation of changes in tangible assets [Abstract]
Changes in tangible assets [Abstract]
Depreciation tangible assets 0
Impairment loss recognised in profit or loss tangible assets 0
Reversal of impairment loss recognised in profit or loss tangible assets 0
Disposals tangible assets [Abstract]
Disposals tangible assets through demergers 0
Disposals tangible assets, others 0
Total disposals tangible assets 0
Other adjustments tangible assets [Abstract]
Other adjustments tangible assets, others 0
Total other adjustments tangible assets 0
Total changes in tangible assets 0
Tangible assets at end of period 0 0
[201100] Notes - Intangible assets
Disclosure of additional information intangible assets [Table] ..(1)

Company total intangible assets
Classes of intangible assets [Axis] Computer software [Member]
[Member]
Internally generated and other than
Intangible assets other than internally
Sub classes of intangible assets [Axis] internally generated intangible assets
generated [Member]
[Member]
01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Disclosure of additional information intangible assets
[Abstract]
Disclosure of additional information intangible
assets [LineItems]
Useful lives or amortization rates intangible [ As per Member(s)
[ As per Member(s) ] 5 Years 5 Years
assets ]
[ As per Member(s) Straight Line
Description of amortization method used ]
[ As per Member(s) ]
Method
62
Disclosure of intangible assets [Table] ..(1)

Classes of intangible assets [Axis] Company total intangible assets [Member]
Sub classes of intangible assets [Axis] Internally generated and other than internally generated intangible assets [Member]
Accumulated
amortization
Carrying amount accumulated amortization and
impairment and gross carrying amount [Axis]
impairment
[Member]
01/01/2016 01/01/2015 01/01/2016 01/01/2015 01/01/2016
to to to to 31/12/2014 to
31/12/2016 31/12/2015 31/12/2016 31/12/2015 31/12/2016
Disclosure of intangible assets [Abstract]
Disclosure of intangible assets
[LineItems]
intangible assets [Abstract]
Changes in intangible assets
[Abstract]
Additions to intangible assets
[Abstract]
Additions through internal
0 1,05,472 0 1,05,472
development
intangible assets
intangible assets
Total additions to
0 1,05,472 0 1,05,472
intangible assets
Amortization intangible assets -44,22,250 -44,08,513 44,22,250
Impairment loss
loss intangible assets
intangible assets
0 0 0 0
(decrease) intangible assets
Disposals intangible assets
[Abstract]
Disposals intangible
0 0 0 0 0
assets through demergers
0 0 0 0 0
assets, others
Total disposals intangible
0 0 0 0 0
assets
Retirements of intangible
0 0 0 0 0
assets
Other adjustments intangible
assets [Abstract]
net exchange differences 0 0 0 0
intangible assets
Other adjustments
0 0 0 0 0
intangible assets, others
0 0 0 0 0
intangible assets
Total changes in intangible
-44,22,250 -43,03,041 0 1,05,472 44,22,250
assets
Intangible assets at end of period 14,21,490 58,43,740 1,99,14,407 1,99,14,407 1,98,08,935 1,84,92,917
63

Company total intangible assets
[Member]
Internally generated and other
Sub classes of intangible assets [Axis] than internally generated Intangible assets other than internally generated [Member]
intangible assets [Member]
Gross carrying
Carrying amount accumulated amortization and Accumulated amortization and
impairment and gross carrying amount [Axis] impairment [Member]
[Member]
01/01/2015 01/01/2016 01/01/2015 01/01/2016
to 31/12/2014 to to 31/12/2014 to
31/12/2015 31/12/2016 31/12/2015 31/12/2016
Disclosure of intangible assets
[LineItems]
intangible assets [Abstract]
Changes in intangible assets
[Abstract]
Additions to intangible assets
[Abstract]
Additions through internal
0 1,05,472 0
development
intangible assets
intangible assets
Total additions to
0 1,05,472 0
intangible assets
Amortization intangible assets 44,08,513 -44,22,250 -44,08,513
Impairment loss
intangible assets
0 0 0
(decrease) intangible assets
Disposals intangible assets
[Abstract]
0 0 0 0
assets through demergers
0 0 0 0
assets, others
Total disposals intangible
0 0 0 0
assets
Retirements of intangible
0 0 0 0
assets
Other adjustments intangible
assets [Abstract]
intangible assets
Other adjustments
0 0 0 0
intangible assets, others
0 0 0 0
intangible assets
Total changes in intangible
44,08,513 -44,22,250 -43,03,041 0
assets
Intangible assets at end of period 1,40,70,667 96,62,153 14,21,490 58,43,740 1,01,46,782 1,99,14,407
64

Sub classes of intangible assets [Axis] Intangible assets other than internally generated [Member]
Carrying amount accumulated amortization and impairment and Gross carrying amount Accumulated amortization and impairment
gross carrying amount [Axis] [Member] [Member]
01/01/2015 01/01/2016 01/01/2015
to 31/12/2014 to to 31/12/2014
31/12/2015 31/12/2016 31/12/2015
Disclosure of intangible assets [LineItems]
Reconciliation of changes in intangible assets
[Abstract]
Changes in intangible assets [Abstract]
Additions to intangible assets [Abstract]
Additions through internal development 1,05,472
Additions other than through business
0
combinations intangible assets
Acquisitions through business
0
combinations intangible assets
Total additions to intangible assets 1,05,472
Amortization intangible assets 44,22,250 44,08,513
Impairment loss recognised in profit or
0 0
Reversal of impairment loss recognised
0 0
in profit or loss intangible assets
Revaluation increase (decrease) intangible
0
assets
Disposals intangible assets [Abstract]
Disposals intangible assets through
0 0 0
demergers
Disposals intangible assets, others 0 0 0
Total disposals intangible assets 0 0 0
Retirements of intangible assets 0 0 0
Other adjustments intangible assets
[Abstract]
Increase (decrease) through net
exchange differences intangible 0
assets
Other adjustments intangible assets,
0 0 0
others
Total other adjustments intangible assets 0 0 0
Total changes in intangible assets 1,05,472 44,22,250 44,08,513
Intangible assets at end of period 1,99,14,407 1,98,08,935 1,84,92,917 1,40,70,667 96,62,153
65
[200600] Notes - Subclassification and notes on liabilities and assets
Subclassification of trade receivables [Table] ..(1)

Classification of assets based on security
Classification of assets based on security [Axis] Unsecured considered good [Member]
[Member]
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Subclassification and notes on liabilities and assets
[Abstract]
Trade receivables notes [Abstract]
Trade receivables [Abstract]
Subclassification of trade receivables
[Abstract]
Subclassification of trade receivables
[LineItems]
Breakup of trade receivables [Abstract]
Trade receivables, gross 36,49,27,017 33,70,25,125 27,89,81,455 27,70,22,590
Allowance for bad and doubtful debts 8,59,45,562 6,00,02,535 0 0
Total trade receivables 27,89,81,455 27,70,22,590 27,89,81,455 27,70,22,590
Details of trade receivables due by
directors, other officers or others
[Abstract]
Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Trade receivables due by others 0 0
Total trade receivables due by
directors, other officers or 0 0
others
Details of trade receivables due by
firms or companies in which any director
is partner or director [Abstract]
Trade receivables due by firms in
0 0
which any director is partner
Trade receivables due by private
companies in which any director 0 0
is director
Trade receivables due by private
companies in which any director 0 0
is member
Total trade receivables due by firms
or companies in which any director is 0 0
partner or director
66
Subclassification of trade receivables [Table] ..(2)

Classification of assets based on security [Axis] Doubtful [Member]
31/12/2016 31/12/2015
Subclassification and notes on liabilities and assets [Abstract]
Trade receivables notes [Abstract]
Trade receivables [Abstract]
Subclassification of trade receivables [Abstract]
Subclassification of trade receivables [LineItems]
Breakup of trade receivables [Abstract]
Trade receivables, gross 8,59,45,562 6,00,02,535
Allowance for bad and doubtful debts 8,59,45,562 6,00,02,535
Total trade receivables 0 0
Details of trade receivables due by directors, other officers or others
[Abstract]
Trade receivables due by directors 0 0
Trade receivables due by other officers 0 0
Trade receivables due by others 0 0
Total trade receivables due by directors, other officers or others 0 0
Details of trade receivables due by firms or companies in which any
director is partner or director [Abstract]
Trade receivables due by firms in which any director is partner 0 0
Trade receivables due by private companies in which any director is
0 0
director
Trade receivables due by private companies in which any director is
0 0
member
Total trade receivables due by firms or companies in which any
0 0
director is partner or director
67
Loans and advances [Table] ..(1)

Classification based on time period [Axis] Long-term [Member]
Classification of loans and advances [Axis] Capital advances [Member] Security deposits [Member]
Classification of assets based on security [Axis] Unsecured considered good [Member] Unsecured considered good [Member]
31/12/2016 31/12/2015 31/12/2016 31/12/2015
[Abstract]
Loans and advances notes [Abstract]
Loans and advances [Abstract]
Disclosure of loans and advances [LineItems]
Loans and advances, gross 0 2,62,19,302 4,59,16,612 5,14,61,376
Allowance for bad and doubtful loans and
0 0 0 0
advances
Loans and advances 0 2,62,19,302 4,59,16,612 5,14,61,376
Details of loans and advances due by
[Abstract]
Loans and advances due by directors 0 0 0 0
Loans and advances due by other officers 0 0 0 0
Loans and advances due by others 0 0 0 0
Total loans and advances due by
0 0 0 0
Details of loans and advances due by firms
or companies in which any director is
partner or director [Abstract]
Loans and advances due by firms in
0 0 0 0
Loans and advances due by private
companies in which any director is 0 0 0 0
director
member
Total loans and advances due
by firms or companies in which
0 0 0 0
any director is partner or
director
68

Classification of loans and advances [Axis] Other loans and advances [Member] Advance tax [Member]
01/01/2016 01/01/2015
to to 31/12/2016 31/12/2015
31/12/2016 31/12/2015
[Abstract]
Loans and advances, gross 3,36,59,637 3,09,74,953 2,70,93,366 2,45,04,266
0 0 0 0
advances
Loans and advances 3,36,59,637 3,09,74,953 2,70,93,366 2,45,04,266
[ As Per Member (s)
Nature of other loans and advances ]
[ As Per Member (s) ]

[Abstract]
0 0 0 0
0 0 0 0
director
member
0 0 0 0
director
69

Other loans and advances, others
Classification of loans and advances [Axis] Advance income tax paid [Member]
[Member]
01/01/2016 01/01/2015
31/12/2016 31/12/2015 to to
31/12/2016 31/12/2015
[Abstract]
Loans and advances, gross 2,70,93,366 2,45,04,266 65,66,271 64,70,687
0 0 0 0
advances
Loans and advances 2,70,93,366 2,45,04,266 65,66,271 64,70,687
Balances with Balances with
Nature of other loans and advances Government Government
authorities authorities
[Abstract]
0 0 0 0
0 0 0 0
director
member
0 0 0 0
director
70

Classification based on time period [Axis] Short-term [Member]
Loans and advances to related parties
Classification of loans and advances [Axis] Security deposits [Member]
[Member]
31/12/2016 31/12/2015 31/12/2016 31/12/2015
[Abstract]
Loans and advances, gross 1,06,000 37,36,544 2,24,46,664 1,82,09,839
0 0 0 0
advances
Loans and advances 1,06,000 37,36,544 2,24,46,664 1,82,09,839
[Abstract]
0 0 0 0
0 0 0 0
director
member
0 0 0 0
director
71

Loans and advances to related parties Loans advances given other related
Classification of loans and advances [Axis]
[Member] parties [Member]
Classification of assets based on security [Axis] Doubtful [Member] Unsecured considered good [Member]
31/12/2016 31/12/2015 31/12/2016 31/12/2015
[Abstract]
Loans and advances, gross 0 14,12,572 2,24,46,664 1,82,09,839
0 14,12,572 0 0
advances
Loans and advances 0 0 2,24,46,664 1,82,09,839
[Abstract]
0 0 0 0
0 0 0 0
director
member
0 0 0 0
director
72

Loans advances given other related Loans advances given suppliers
Classification of loans and advances [Axis]
parties [Member] [Member]
Classification of assets based on security [Axis] Doubtful [Member] Unsecured considered good [Member]
31/12/2016 31/12/2015 31/12/2016 31/12/2015
[Abstract]
Loans and advances, gross 0 14,12,572 21,24,445 36,54,494
0 14,12,572 0 0
advances
Loans and advances 0 0 21,24,445 36,54,494
[Abstract]
0 0 0 0
0 0 0 0
director
member
0 0 0 0
director
73

Loans advances given employees
Classification of loans and advances [Axis] Other loans and advances [Member]
[Member]
01/01/2016 01/01/2015
31/12/2016 31/12/2015 to to
31/12/2016 31/12/2015
[Abstract]
0 0 0 0
advances
[ As Per Member (s)
Nature of other loans and advances ]
[ As Per Member (s) ]

[Abstract]
0 0 0 0
0 0 0 0
director
member
0 0 0 0
director
74

Other loans and advances, others
Classification of loans and advances [Axis] Prepaid expenses [Member]
[Member]
01/01/2016 01/01/2015
31/12/2016 31/12/2015 to to
31/12/2016 31/12/2015
[Abstract]
0 0 0 0
advances
Balances with Balances with
Nature of other loans and advances Government Government
authorities authorities
[Abstract]
0 0 0 0
0 0 0 0
director
member
0 0 0 0
director
75
Disclosure of breakup of provisions [Table] ..(1)

Classification based on time period
[Member]
31/12/2016 31/12/2015 31/12/2016 31/12/2015
[Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [LineItems]
Provisions [Abstract]
Provisions for employee benefits
[Abstract]
Provision gratuity 2,12,87,233 1,25,01,870 1,82,82,681 1,11,37,562
Provision leave encashment 3,39,76,876 2,09,30,708 2,86,26,064 1,76,73,936
Provision pension 0 0 0 0
Provision employee insurance scheme 0 0 0 0
Provision other employee related
0 0 0 0
liabilities
Total provisions for employee benefits 5,52,64,109 3,34,32,578 4,69,08,745 2,88,11,498
Provision for corporate tax [Abstract]
Provision for current tax 0 0 0 0
Provision for wealth tax 0 0 0 0
Provision for fringe benefit tax 0 0 0 0
Provision for other tax 0 0 0 0
Provision for corporate dividend tax 0 0 0 0
Total provision for corporate tax 0 0 0 0
Provision for proposed dividend [Abstract]
Provision for proposed equity dividend
[Abstract]
Provision for proposed equity
0 0 0 0
interim dividend
Provision for proposed equity final
0 0 0 0
dividend
Provision for proposed equity
0 0 0 0
special dividend
Total provision for proposed equity
0 0 0 0
dividend
Provision for proposed preference
dividend [Abstract]
0 0 0 0
interim dividend
0 0 0 0
final dividend
0 0 0 0
special dividend
Total provision for proposed
0 0 0 0
preference dividend
Total provision for proposed dividend 0 0 0 0
Provision for statutory liabilities 0 0 0 0
CSR expenditure provision 0 27,65,613 0 0
Provision for abandonment cost 0 0 0 0
Total provisions 5,52,64,109 3,61,98,191 4,69,08,745 2,88,11,498
76
Disclosure of breakup of provisions [Table] ..(2)

31/12/2016 31/12/2015
Subclassification and notes on liabilities and assets [Abstract]
Provisions notes [Abstract]
Disclosure of breakup of provisions [Abstract]
Disclosure of breakup of provisions [LineItems]
Provisions [Abstract]
Provisions for employee benefits [Abstract]
Provision gratuity 30,04,552 13,64,308
Provision leave encashment 53,50,812 32,56,772
Provision pension 0 0
Provision employee insurance scheme 0 0
Provision other employee related liabilities 0 0
Total provisions for employee benefits 83,55,364 46,21,080
Provision for corporate tax [Abstract]
Provision for current tax 0 0
Provision for wealth tax 0 0
Provision for fringe benefit tax 0 0
Provision for other tax 0 0
Provision for corporate dividend tax 0 0
Total provision for corporate tax 0 0
Provision for proposed dividend [Abstract]
Provision for proposed equity dividend [Abstract]
Provision for proposed equity interim dividend 0 0
Provision for proposed equity final dividend 0 0
Provision for proposed equity special dividend 0 0
Total provision for proposed equity dividend 0 0
Provision for proposed preference dividend [Abstract]
Provision for proposed preference interim dividend 0 0
Provision for proposed preference final dividend 0 0
Provision for proposed preference special dividend 0 0
Total provision for proposed preference dividend 0 0
Total provision for proposed dividend 0 0
Provision for statutory liabilities 0 0
CSR expenditure provision 0 27,65,613
Provision for abandonment cost 0 0
Total provisions 83,55,364 73,86,693
Classification of inventories [Table] ..(1)

Classification of inventories [Axis] Company total inventories [Member] Stock-in-trade [Member]
01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
[Abstract]
Inventories notes [Abstract]
Inventories [Abstract]
Classification of inventories [Abstract]
Details of inventories [LineItems]
Inventories 42,75,15,919 40,94,43,556 42,75,15,919 40,94,43,556
Goods in transit 14,56,89,854 12,33,51,043 14,56,89,854 12,33,51,043
At cost or net At cost or net
[ As per Member(s)
Mode of valuation ]
[ As per Member(s) ] realizable value realizable value
whichever is lower. whichever is lower.
77

01/01/2016 01/01/2015
to to
31/12/2016 31/12/2015
Disclosure of subclassification and notes on liabilities and assets
explanatory [TextBlock]
Trade payables, long-term 0 0
Others long-term, others 20,85,775 9,51,247
Total others, long-term 20,85,775 9,51,247
Total other long-term liabilities 20,85,775 9,51,247
Interest accrued but not due on borrowings 0 0
Interest accrued and due on borrowings 0 0
Interest accrued but not due on public deposits 0 0
Interest accrued and due on public deposits 0 0
Debentures claimed but not paid 0 0
Unpaid dividends 0 0
Application money received for allotment of securities and
0 0
due for refund, principal
Unpaid matured deposits and interest accrued thereon 0 0
Unpaid matured debentures and interest accrued thereon 0 0
Withholding taxes payable 0 0
Taxes payable other tax 1,64,36,786 2,45,95,654
Security deposits refundable, current 1,80,170 2,22,433
Other deposits refundable, current 0 0
Total deposits refundable current 1,80,170 2,22,433
Public deposit payable, current 0 0
Total other payables, current 1,66,16,956 2,48,18,087
Advance received from customers 1,56,24,748 2,15,66,067
Short-term employee related liabilities 1,54,69,931 1,43,79,998
Current liabilities portion of share application money pending
0 0
allotment
Other current liabilities, others 1,71,10,587 1,53,211
Total other current liabilities 6,48,22,222 6,09,17,363
Share other current liabilities joint ventures 0 0
Share long-term trade receivables joint ventures 0 0
Total other non-current assets 0 0
Aggregate amount of trade receivables outstanding for period
9,14,70,529 7,73,93,918
exceeding six months
Fixed deposits with banks 41,00,00,000 63,60,00,000
Other deposits with banks 14,26,00,000 2,00,00,000
Other balances with banks 2,09,30,002 3,28,86,958
Total balance with banks 57,35,30,002 68,88,86,958
Cash on hand 1,02,030 93,937
Total cash and cash equivalents 57,36,32,032 68,89,80,895
Total cash and bank balances 57,36,32,032 68,89,80,895
Balances held with banks to extent held against other
0 0
commitments
Total balances held with banks to extent held as
margin money or security against borrowings, 0 0
guarantees or other commitments
Bank deposits with more than twelve months maturity 0 0
Unbilled revenue 1,71,62,057 1,00,98,065
Dividend receivable, subsidiaries 0 0
Total dividend receivable 0 0
Interest receivable 16,86,211 90,39,261
Other current assets, others 0 11,11,083
Total other current assets 1,88,48,268 2,02,48,409
Nature of other current assets Other receivables Other receivables
78
[200700] Notes - Additional disclosures on balance sheet
Details of shareholding pattern of promoters and public [Table] ..(1)

Shareholding pattern of promoters and public [Axis] Promoters [Member]
Classification based on nationality or origin [Axis] Foreign [Member]
01/01/2016 01/01/2015
to to
31/12/2016 31/12/2015
Additional balance sheet notes [Abstract]
Details of shareholding pattern of promoters and public [Abstract]
Details of shareholding pattern of promoters and public [LineItems]
Number of shares held by body corporate [shares] 12,50,000 [shares] 12,50,000
Percentage of shares held by body corporate 100.00% 100.00%
Total number of shares [shares] 12,50,000 [shares] 12,50,000
Total of percentage shares 100.00% 100.00%
79

01/01/2016 01/01/2015
to to
31/12/2016 31/12/2015
Disclosure of additional balance sheet notes explanatory [TextBlock] [See below]
Claims against company not acknowledged as debt 36,00,63,319 5,55,06,761
Total contingent liabilities 36,00,63,319 5,55,06,761
Total contingent liabilities and commitments 36,00,63,319 5,55,06,761
Amount of dividends proposed to be distributed to equity shareholders 0 0
Amount of per share dividend proposed to be distributed to equity
shareholders
Amount of dividends proposed to be distributed to preference
0 0
shareholders
Amount of per share dividend proposed to be distributed to
preference shareholders
Arrears of fixed cumulative dividends on preference shares 0 0
Percentage of proposed dividend 0.00% 0.00%
Percentage of share capital held by foreign company 100.00% 100.00%
Value of share capital held by foreign company (A) 1,25,00,000 (B) 1,25,00,000
Number of shareholders promoters [Qty] 2 [Qty] 2
Number of shareholders public [Qty] 0 [Qty] 0
Total number of shareholders promoters and public [Qty] 2 [Qty] 2
Deposits accepted or renewed during period 0 0
Deposits matured and claimed but not paid during period 0 0
Deposits matured and claimed but not paid 0 0
Deposits matured but not claimed 0 0
Interest on deposits accrued and due but not paid 0 0
Additions to equity share warrants during period [Qty] 0 [Qty] 0
Total changes in equity share warrants during period [Qty] 0 [Qty] 0
Equity share warrants at end of period [Qty] 0 [Qty] 0
Equity share warrants for existing members [Qty] 0 [Qty] 0
Equity share warrants for others [Qty] 0 [Qty] 0
Total equity share warrants [Qty] 0 [Qty] 0
Share application money received during year 0 0
Share application money paid during year 0 0
Amount of share application money received back during year 0 0
Amount of share application money repaid returned back during year 0 0
Number of person share application money paid during year [Qty] 0 [Qty] 0
Number of person share application money received during year [Qty] 0 [Qty] 0
Number of person share application money paid as at end of year [Qty] 0 [Qty] 0
Number of person share application money received as at end of year [Qty] 0 [Qty] 0
Share application money received and due for refund 0 0
Disclosure of whether all assets and liabilities are registered with
Yes Yes
company
Whether maintenance of cost records by company has been
mandated under Companies (Cost Records and Audit) Rules, No No
2014
Unclaimed share application refund money 0 0
Unclaimed matured debentures 0 0
Unclaimed matured deposits 0 0
Interest unclaimed amount 0 0
Investment in subsidiary companies 0 0
Investment in government companies 0 0
Amount due for transfer to investor education and protection fund
0 0
(IEPF)
Number of warrants converted into equity shares during period [Qty] 0 [Qty] 0
Number of warrants converted into preference shares during period [Qty] 0 [Qty] 0
Number of warrants converted into debentures during period [Qty] 0 [Qty] 0
Number of warrants issued during period (in foreign currency) [Qty] 0 [Qty] 0
Number of warrants issued during period (INR) [Qty] 0 [Qty] 0
Number of shareholders to whom shares are allotted under private
[Qty] 0 [Qty] 0
placement during period
80
Footnotes
(A) Face Value
(B) Face Value
Disclosure of additional balance sheet notes explanatory [Text Block]

Contingent liabilities
As at 31st
Particulars December, As at 31st December, 2015
2016
Rs. Rs.
Claims against the company not acknowledged
as debts
Sales tax matters 29,967,676 14,765,735
Income tax matters 78,399,527 38,016,754
Entry tax matters 3,529,837 2,724,272
Service tax matters 248,166,279 -
Total 360,063,319 55,506,761
Capital Commitments
As at 31st
2016
Rs. Rs.
Estimated value of contracts in capital account
- 1,379,963
remaining to be executed (Net of advance)
Dues to micro and small enterprises

The Company has certain transactions with suppliers registered
under Micro, Small and Medium Enterprises Development Act,
2006 (‘MSMED Act’). The disclosures pursuant to the said
MSMED Act are as follows:
As at 31st
2016
Rs. Rs.
Principal amount due to suppliers registered
under the MSMED Act and remaining unpaid as - -
at year end.
Interest due to suppliers registered under the
MSMED Act and remaining unpaid as at year - -
end.
Principal amounts paid to suppliers registered
under the MSMED Act, beyond the appointed - -
day during the year.
Interest paid, other than under Section 16 of
MSMED Act, to suppliers registered under the
- -
MSMED Act, beyond the appointed day during
the year.
Interest paid, under Section 16 of MSMED Act,
to suppliers registered under the MSMED Act, - -
beyond the appointed day during the year
Interest due and payable towards suppliers
registered under MSMED Act, for payments - -
already made.
Further interest remaining due and payable for
- -
earlier years.
81
[200800] Notes - Disclosure of accounting policies, changes in accounting policies and estimates
01/01/2016
to
31/12/2016
Disclosure of accounting policies, change in accounting policies and Textual information (27)
changes in estimates explanatory [TextBlock] [See below]
82
Disclosure of accounting policies, change in accounting policies and changes in estimates explanatory [Text Block]
Note 1 :
Significant
accounting
policies
General
A
Information :
Liebherr India Private Limited is engaged in the business of sales and service of maritime cranes,
earthmoving crane equipments and spares parts.
Basis of
accounting
and
B
preparation of
financial
statements
These financial statements have been prepared in accordance with the generally accepted
accounting principles in India under the historical cost convention on accrual basis, except for
certain tangible assets which are being carried at revalued amounts. Pursuant to section 133 of
the Companies Act, 2013 read with Rule 7 of the Companies (Accounts) Rules, 2014, till the
standards of accounting or any addendum thereto are prescribed by Central Government in
consultation and recommendation of the National Financial Reporting Authority, the existing
Accounting Standards notified under the Companies Act, 1956 shall continue to apply.
Consequently, these financial statements have been prepared to comply in all material aspects
with the accounting standards notified under Section 211(3C) of the Companies Act, 1956
[Companies (Accounting Standards) Rules, 2006, as amended] and other relevant provisions of
the Companies Act, 2013.
All assets and liabilities have been classified as current or non-current as per the Company’s
operating cycle and other criteria set out in the Schedule III to the Companies Act, 2013. Based
on the nature of products and the time between the acquisition of assets for processing and their
realisation in cash and cash equivalents, the Company has ascertained its operating cycle as 12
months for the purpose of current – non-current classification of assets and liabilities.
Use of
C
Estimates
The preparation of financial statements requires estimates and assumptions to be made that
affect the reported amount of assets and liabilities on the date of the financial statements and
reported amount of revenues and expenses during the reporting period. Although these
estimates are based on the management's best knowledge of current events and actions, the
actual outcome may be different from the estimates. Difference between actual results and
estimates are recognised in the period in which the results are known or materialise.
D Fixed Assets
Tangible
(a)
Assets
Tangible Assets are stated at acquisition cost, net of accumulated depreciation and accumulated
impairment losses, if any. Subsequent expenditures related to an item of fixed asset are added to
its book value only if they increase the future benefits from the existing asset beyond its
previously assessed standard of performance.
Intangible
(b)
Assets
Acquired
intangible
assets
Intangible assets are stated at acquisition cost, net of accumulated amortization and accumulated
impairment losses, if any. Intangible assets are amortised on a straight line basis over their
estimated useful lives. A rebuttable presumption that the useful life of an intangible asset will not
exceed ten years from the date when the asset is available for use is considered by the
management. The amortisation period and the amortisation method are reviewed at least at each
financial year end. If the expected useful life of the asset is significantly different from previous
83
estimates, the amortisation period is changed accordingly. Gains or losses arising from the
84
retirement or disposal of an intangible asset are determined as the difference between the net
disposal proceeds and the carrying amount of the asset and recognised as income or expense in
the Statement of Profit and Loss.
Depreciation
E and
amortisation
Depreciable amount for assets is the cost of an asset less its estimated residual value.
Depreciation in case of tangible assets, is provided using the staright line method as per the
useful lives of the fixed assets as provided under Schedule II of the Comapnies Act, 2013,
pro-rata for the number of days used in the manner specified under the Act except for leasehold
assets in Furniture and fixtures which are depreciated over leasehold period of 5 years.
Full depreciation is charged on items of assets costing less than Rs. 5,000.
Intangible
Asset
(software) is
depreciated
considering
the useful life
of 5 years.
F Impairment
Assessment is done at each balance sheet date as to whether there is any indication that an
asset (tangible and intangible) may be impaired. If any such indication exists, an estimate of the
recoverable amount of the asset/cash generating unit is made. Recoverable amount is higher of
an asset’s or cash generating unit’s net selling price and its value in use. Value in use is the
present value of estimated future cash flows expected to arise from the continuinguse of an asset
and from its disposal at the end of its useful life. For the purpose of assessing impairment, the
recoverable amount is determined for an individual asset, unless the asset does not generate
cash inflows that are largely independent of those from other assets or groups of assets. The
smallest identifiable group of assets that generates cash inflows from continuing use that are
largely independent of the cash inflows from other assets or groups of assets, is considered as a
cash generating unit (CGU). An asset or CGU whose carrying value exceeds its recoverable
amount is considered impaired and is written down to its recoverable amount. Assessment is also
done at each balance sheet date as to whether there is any indication that an impairment loss
recognised for an asset in prior accounting periods may no longer exist or may have decreased.
An impairment loss is reversed to the extent that the asset’s carrying amount does not exceed
the carrying amount that would have been determined if no impairment loss had previously been
recognised.
G Inventories
Inventories are stated at lower of cost and net realisable value. Cost is determined using the
weighted average method. The cost of finished goods and work in progress comprises design
costs, raw materials, direct labour, other direct costs and related production overheads. Net
realisable value is the estimated selling price in the ordinary course of business, less the
estimated costs of completion and the estimated costs necessary to make the sale.
Foreign
H currency
translation
Initial
(a)
Recognition
On initial recognition, all foreign currency transactions are recorded by applying to the foreign
currency amount the exchange rate between the reporting currency and the foreign currency at
the date of the transaction.
Subsequent
(b)
Recognition
As at the reporting date, non-monetary items which are carried in terms of historical cost
denominated in a foreign currency are reported using the exchange rate at the date of the
transaction.
All monetary assets and liabilities in foreign currency are restated at the end of accounting period
and resulting gain or loss is recognised in Statement of Profit and Loss.
Revenue
I
recognition
Sale of
(i)
Goods
85
Sales are recognised when the significant risks and rewards of ownership in the goods are
transferred to the buyer as per the terms of the contract, which coincides with the delivery of
goods and are recognised net of trade discounts, rebates, sales taxes and excise duties.
(ii) Services :
In contracts involving the rendering of services, revenue is measured using the proportionate
completion method when no significant uncertainty exists regarding the amount of the
consideration that will be derived from rendering the service and are recognised net of service
tax.
(iii) Interest
Income
from
interest is
recognized
on time
proportion
basis
taking into
account
the sum
outstanding
and the
rate
interest
applicable.
Employee
J
Benefits
Provident
(a)
Fund:
Contribution towards provident fund for certain employees is made to the regulatory authorities,
where the Company has no further obligations. Such benefits are classified as Defined
Contribution Schemes as the Company does not carry any further obligations, apart from the
contributions made on a monthly basis.
(b) Gratuity:
The Company provides for gratuity, a defined benefit plan (the “Gratuity Plan”) covering eligible
employees in accordance with the Payment of Gratuity Act, 1972. The Gratuity Plan provides a
lump sum payment to vested employees at retirement, death, incapacitation or termination of
employment, of an amount based on the respective employee’s salary and the tenure of
employment. The Company’s liability is actuarially determined (using the Projected Unit Credit
method) at the end of each year. Actuarial losses/ gains are recognised in the Statement of Profit
and Loss in the year in which they arise.
Compensated
(c)
Absences:
Accumulated compensated absences, which are expected to be availed or encashed within 12
months from the end of the year end are treated as short term employeebenefits. The obligation
towards the same is measured at the expected cost of accumulating compensated absences as
the additional amount expected to be paid as a result of the unused entitlement as at the year
end.
Accumulated compensated absences, which are expected to be availed or encashed beyond 12

months from the end of the year are treated as other long term employee benefits. The
Company’s liability is actuarially determined (using the Projected Unit Credit method) at the end
of each year. Actuarial losses/ gains are recognised in the Statement of Profit and Loss in the
year in which they arise.
Termination
(d)
Benefits:
Termination benefits in the nature of voluntary retirement benefits are recognised in the
Statement of Profit and Loss as and when incurred.
Current and
K
deferred tax
Tax expense for the period, comprising current tax and deferred tax, are included in the
determination of the net profit or loss for the period. Current tax is measured at the amount
expected to be paid to the tax authorities in accordance with the taxation laws prevailing in the
respective jurisdictions.
86
Deferred tax is recognised for all the timing differences, subject to the consideration of prudence
in respect of deferred tax assets. Deferred tax assets are recognised and carried forward only to
the extent that there is a reasonable certainty that sufficient future taxable income will be
available against which such deferred tax assets can be realised. Deferred tax assets and
liabilities are measured using the tax rates and tax laws that have been enacted or substantively
enacted by the Balance Sheet date. In situations, where the Company has unabsorbed
depreciation or carry forward losses under tax laws, all deferred tax assets are recognised only to
the extent that there is virtual certainty supported by convincing evidence that they can be
realised against future taxable profits. At each Balance Sheet date, the Company re-assesses
unrecognised deferred tax assets, if any.
Current tax assets and current tax liabilities are offset when there is a legally enforceable right to
set off the recognised amounts and there is an intention to settle the asset and the liability on a
net basis. Deferred tax assets and deferred tax liabilities are offset when there is a legally
enforceable right to set off assets against liabilities representing current tax and where the
deferred tax assets and the deferred tax liabilities relate to taxes on income levied by the same
governing taxation laws.
Minimum Alternate Tax credit is recognised as an asset only when and to the extent there is
convincing evidence that the company will pay normal income tax during the specified period.
87
Such asset is reviewed at each Balance Sheet date and the carrying amount of the MAT credit
asset is written down to the extent there is no longer a convincing evidence to the effect that the
Company will pay normal income tax during the specified period.
Provisions
and
L
Contingent
Liabilities
Provisions:
Provisions are recognised when there is a present obligation as a result of a past event, it is
probable that an outflow of resources embodying economic benefits will be required to settle the
obligation and there is a reliable estimate of the amount of the obligation.
Provisions are measured at the best estimate of the expenditure required to settle the present
obligation at the Balance sheet date and are not discounted to its present value.
Contingent
Liabilities:
Contingent liabilities are disclosed when there is a possible obligation arising from past events,
the existence of which will be confirmed only by the occurrence or non occurrence of one or more
uncertain future events not wholly within the control of the company or a present obligation that
arises from past events where it is either not probable that an outflow of resources will be
required to settle or a reliable estimate of the amount cannot be made.
Lease
M
accounting
Leases in which a significant portion of the risks and rewards of ownership are retained by the
lessor are classified as operating leases. Payments made under operating leases are charged to
the Statement of Profit and Loss on a straight-line basis over the period of the lease.
Cash and
N Cash
Equivalents
In the cash flow statement, cash and cash equivalents include cash in hand, demand deposits
with banks, other short-term highly liquid investments with original maturities of three months or
less.
Earnings Per
O
Share
Basic earnings per share is calculated by dividing the net profit or loss for the period attributable
to equity shareholders by the weighted average number of equity shares outstanding during the
period. Earnings considered in ascertaining the Company’s earnings per share is the net profit for
the period after deducting preference dividends and any attributable tax thereto for the period.
The weighted average number of equity shares outstanding during the period and for all periods
presented is adjusted for events, such as bonus shares, other than the conversion of potential
equity shares, that have changed the number of equity shares outstanding, without a
corresponding change in resources. For the purpose of calculating diluted earnings per share,
the net profit or loss for the period attributable to equity shareholders and the weighted average
number of shares outstanding during the period is adjusted for the effects of all dilutive potential
equity shares.
[201700] Notes - Government grants

01/01/2016 01/01/2015
to to
31/12/2016 31/12/2015
Disclosure of notes on government grants explanatory [TextBlock]
Capital subsidies or grants received from government authorities 0 0
Revenue subsidies or grants received from government authorities 0 0
88
[201200] Notes - Employee benefits
Disclosure of defined benefit plans [Table] ..(1)

Defined benefit plans [Axis] Domestic defined benefit plans [Member]
Defined benefit plans categories [Axis] DefinedBenefitPlansCategoriesMember1
01/01/2016 01/01/2015
to to 31/12/2014
31/12/2016 31/12/2015
Disclosure of defined benefit plans [Abstract]
Disclosure of defined benefit plans [LineItems]
Description of accounting policy for defined benefit plans
Description of type of plan Provident Fund Provident Fund
Reconciliation of changes in present value of defined benefit
obligation [Abstract]
Changes in defined benefit obligation, at present value
[Abstract]
Increase (decrease) through current service cost, defined
19,91,249 19,90,764
benefit obligation, at present value
Increase (decrease) through interest cost, defined benefit
10,15,153 8,61,090
obligation, at present value
Increase (decrease) through actuarial losses (gains),
-60,16,268 -11,277
defined benefit obligation, at present value
Decrease through benefits paid, defined benefit obligation,
2,37,307 9,92,006
at present value
Total changes in defined benefit obligation, at present value 87,85,363 18,71,125
Defined benefit obligation, at present value at end of period 2,12,87,233 1,25,01,870 1,06,30,745
Reconciliation of changes in fair value of plan assets [Abstract]
Changes in plan assets, at fair value [Abstract]
Increase (decrease) through actuarial gains (losses),
0 0
plan assets, at fair value
Total changes in plan assets, at fair value 0 0
Plan assets, at fair value at end of period 0 0 0
Recognised assets and liabilities of defined benefit plans
[Abstract]
Recognised liabilities, defined benefit plan 2,12,87,233 1,25,01,870
Recognised assets, defined benefit plan 0
Net liability (asset) of defined benefit plans 2,12,87,233 1,25,01,870
Reconciliation of liability asset of defined benefit plans
[Abstract]
Defined benefit obligation, at present value 2,12,87,233 1,25,01,870 1,06,30,745
Plan assets, at fair value 0 0 0
Net liability (asset) of defined benefit plans 2,12,87,233 1,25,01,870
Recognised expense of defined benefit plans [Abstract]
Current service cost, defined benefit plan 19,91,249 19,90,764
Interest cost, defined benefit plan 10,15,152 8,61,090
Expected return on recognised assets for reimbursement
11,277
right, defined benefit plan
Actuarial gains (losses) recognised in profit or loss,
-60,16,268
defined benefit plan
Total post-employment benefit expense, defined benefit
90,22,669 28,40,577
plans
Actuarial assumption [Abstract]
Actuarial assumption of discount rates 7.12% 8.12%
Actuarial assumption of expected rates of return on
5.00% 2.00%
reimbursement right recognised as asset
Actuarial assumption of expected rates of salary increases 6.00% 5.00%
Experience adjustments on plan assets and plan liabilities
[Abstract]
Defined benefit obligation, at present value 2,12,87,233 1,25,01,870 1,06,30,745
Plan assets, at fair value 0 0 0
Net surplus (deficit) in plan -2,12,87,233 -1,25,01,870
89

01/01/2016
to
31/12/2016
Disclosure of employee benefits explanatory [TextBlock] [See below]
90
Disclosure of employee benefits explanatory [Text Block]

Employee benefit plans
Defined contribution plans

The Company makes Provident Fund contributions which are defined contribution plans, for qualifying employees. Under the Scheme, the
Company is required to contribute a specified percentage of the payroll costs to fund the benefits. The Company recognised Rs 10,434,918 (Year
ended 31 December, 2015 Rs.9,700,395) for Provident Fund contributions in the Statement of Profit and Loss. The contributions payable to these
plans by the Company are at rates specified in the rules of the schemes.
Defined benefit plans
i) Actuarial gains and losses in respect of defined benefit plan are recognised in the Statement of Profit and Loss.
ii) The Company has a gratuity plan which is unfunded. Every employee is entitled to a benefit equivalent to fifteen days salary last drawn for
each completed year of service in line with the Payment of Gratuity Act, 1972. The same is payable at the time of separation from the Company
or retirement, whichever is earlier. The benefits vest after five years of continuous service.Valuations in respect of Gratuity has been carried out
by an independent actuary, at the Balance Sheet date, based on the following assumptions:
Actuarial assumptions
Particulars 31st December 2016 31st December 2015
Discount rate 7.12% 8.12%
Attrition rate 5.00% 2.00%
Salary escalation rate 6.00% 5.00%

Current service cost 1,991,249 1,990,764
Interest cost 1,015,152 861,090
Actuarial loss/(gains) 6,016,268 11,277
Total expense recognised in the Statement of Profit and Loss 9,022,669 2,863,131
Actual benefit payments for the year
Actual benefit payments 237,307 992,006
Assets and liabilities recognised in the Balance Sheet
Present value of defined benefit obligation 21,287,233 12,501,870
Amount recognised as liability 21,287,233 12,501,870
Recognised under:
Long term provisions (Refer note 5) 18,282,681 11,137,562
Short term provisions (Refer note 8) 3,004,552 1,364,308
Present value of defined benefit obligation
Balance as at the beginning of the year 12,501,870 10,630,745
Current service cost 1,991,249 1,990,764
Interest cost 1,015,153 861,090
Actuarial (gains) / losses 6,016,268 11,277
Benefits paid (237,307) (992,006)
Balance as at the end of the year 21,287,233 12,501,870
91
[201600] Notes - Related party
Disclosure of relationship and transactions between related parties [Table] ..(1)

Categories of related parties [Axis] CategoriesOfRelatedParties1 CategoriesOfRelatedParties2
01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Disclosure of relationship and transactions between
related parties [Abstract]
related parties [LineItems]
Mr. Thomas M r . Thomas Mr. Rahul
Name of related party Schwaninger Schwaninger Dandavate
Mr. Rahul Dandavate
Country of incorporation or residence of related

GERMANY GERMANY INDIA INDIA
party
Permanent account number of related party AEMPD7577H AEMPD7577H
Key Management Key Management Key Management Key Management
Description of nature of related party relationship Personnel Personnel Personnel Personnel
Description of nature of transactions with related
Remuneration Remuneration Remuneration Remuneration
party
Transaction relating to key management personnel
[Abstract]
Remuneration for key managerial personnel 0 39,68,335 1,13,53,866 1,00,00,181
Amount written off during period in respect
0 0 0 0
of debts due from related parties
Amount written back during period in respect
0 0 0 0
of debts due to related parties
92

01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Liebherr-Werk
Liebherr-Werk Liebherr-Werk Liebherr-Werk
Name of related party Bischofshofen
Bischofshofen GmbH Biberach GmbH Biberach GmbH
GmbH
AUSTRIA AUSTRIA GERMANY GERMANY
party
Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary Fellow Subsidiary
Description of nature of related party relationship company company company company
Description of nature of transactions with related Business Business Business Business
party Transaction(s) Transaction(s) Transaction(s) Transaction(s)
Related party transactions [Abstract]
Purchases of goods related party transactions 0 13,936 8,69,306 14,40,681
Revenue from sale of goods related party
0 12,43,065
transactions
Purchases of tangible assets related party
0 3,59,810
transactions
Services received related party transactions 0 87,454 57,476 6,17,143
Revenue from rendering of services related
0 44,63,142
party transactions
Reimbursement of expenses incurred on
behalf of company during year related 54,70,550 11,65,389
party transactions
Outstanding balances for related party
transactions [Abstract]
Amounts payable related party transactions 38,608 13,97,321
Amounts receivable related party transactions 56,92,732 31,55,641
0 0 0 0
0 0 0 0
93

01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Liebherr-Mischtechnik Liebherr-Mischtechnik LIEBHERR-MCCTEC LIEBHERR-MCCTEC
Name of related party GMBH GMBH ROSTOCK GMBH ROSTOCK GMBH
party
Purchases of goods related party transactions 24,17,153 32,77,735 5,46,811 0
Services received related party transactions 0 3,82,611
0 0 33,60,848 0
party transactions
behalf of company during year related 48,55,925 0
party transactions
Other related party transactions expense 15,22,287 0
Amounts payable related party transactions 6,06,544 30,00,327 5,47,004 0
Amounts receivable related party transactions 12,35,402 0 25,79,587 0
0 0 0 0
0 0 0 0
94

01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Liebherr Werk Liebherr Werk Liebherr Werk Liebherr Werk
Name of related party Nenzing GmbH Nenzing GmbH Ehingen GmbH Ehingen GmbH
party
Fellow Subsidiary Fellow Subsidiary
Description of nature of related party relationship Holding company Holding company
company company
Purchases of goods related party transactions 14,24,80,000 19,09,46,595 1,92,01,706 1,26,96,112
1,52,149 87,51,091
transactions
Purchases of tangible assets related party
0 6,13,786
transactions
Services received related party transactions 1,04,71,091 59,41,768
14,84,70,637 6,76,58,329 5,41,89,827
party transactions
behalf of company during year related 2,80,39,295 2,46,99,124 74,17,330 38,80,123
party transactions
Reimbursement of expenses incurred by
related party during year related party 63,038 0 6,41,023 3,49,596
transactions
Other related party transactions expense 19,00,166 0 0 4,82,483
Other related party transactions income 1,09,534 0
Amounts payable related party transactions 6,50,71,152 8,57,10,160 0 21,86,523
Amounts receivable related party transactions 2,02,76,311 3,63,68,736 2,02,00,449 31,01,142
0 0 0 0
0 0 0 0
95

01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Liebherr Purchasing Liebherr Purchasing Liebherr Nenzing Liebherr Nenzing
Name of related party Services GmbH Services GmbH Services GmbH Services GmbH
GERMANY GERMANY AUSTRIA AUSTRIA
party
Purchases of goods related party transactions 1,67,606 6,36,106
9,63,743 0
party transactions
related party during year related party 0 31,388
transactions
Amounts payable related party transactions 10,177 0
0 0 0 0
0 0 0 0
96

01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Liebherr Mining Liebherr Mining Liebherr Mining Liebherr Mining
Name of related party Equipment Newport Equipment Newport Equipment Colmar Equipment Colmar
UNITED STATES UNITED STATES FRANCE FRANCE
party
Purchases of goods related party transactions 1,97,46,247 3,39,19,941
2,06,44,492 10,108
transactions
Services received related party transactions 2,04,120 5,83,008
party transactions
related party during year related party 84,453 0 7,30,885 1,95,099
transactions
Amounts payable related party transactions 81,91,626 5,68,84,032
0 0 0 0
0 0 0 0

01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Liebherr Middle Liebherr Middle East Liebherr Martime Liebherr Martime
Name of related party East FZE FZE Benelux B.V. Benelux B.V.
Country of incorporation or residence of related UNITED ARAB UNITED ARAB
NETHERLANDS NETHERLANDS
party EMIRATES EMIRATES
37,400 0 39,615 0
party transactions
behalf of company during year related 66,616 0 1,56,187 0
party transactions
Other related party transactions income 14,342 0
0 0 0 0
0 0 0 0
97

01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Liebherr Machines Liebherr Machines Liebherr Machinery Liebherr Machinery
Name of related party Bulle S.A Bulle S.A (Dalian) Co. Ltd (Dalian) Co. Ltd
PHILIPPINES PHILIPPINES CHINA CHINA
party
Purchases of goods related party transactions 1,43,256 0
44,756 0
party transactions
behalf of company during year related 0 1,10,576
party transactions
0 0 0 0
0 0 0 0

01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Liebherr IT Service Liebherr IT Service L i e b h e r r Liebherr International
Name of related party GmbH GmbH International AG AG
GERMANY GERMANY SWITZERLAND SWITZERLAND
party
Fellow Subsidiary Fellow Subsidiary Ultimate Holding Ultimate Holding
Description of nature of transactions with related Business Business Business
Business Transactions
party Transaction(s) Transaction(s) Transactions
Purchases of goods related party transactions 0 22,112
Services received related party transactions 1,14,70,273 1,27,07,125 26,38,595 25,73,953
party transactions
related party during year related party 0 10,088
transactions
Amounts payable related party transactions 26,12,387 59,61,587 22,42,489 26,22,099
Amounts receivable related party transactions 52,20,119 0
0 0 0 15,02,765
0 0 0 0
98

01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Liebherr Liebherr
Liebherr Industries Liebherr Industries
Name of related party Metalicas S.A Metalicas S.A
Hydraulikbagger Hydraulikbagger
GmbH GmbH
SOUTH AFRICA SOUTH AFRICA GERMANY GERMANY
party
Purchases of goods related party transactions 0 6,948
0 3,58,703
party transactions
Amounts payable related party transactions 0 3,64,351
0 0 0 0
0 0 0 0
99

01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Liebherr
Liebherr Container Liebherr Container LIEBHERR CMCTEC
Name of related party Cranes Ltd Cranes Ltd
Australia Pty
INDIA PRIVATE LIMITED
Ltd
IRELAND IRELAND AUSTRALIA INDIA
party
Permanent account number of related party AABCL4052F
CIN of related party U74999PN2008FTC133920
Fellow
Description of nature of related party relationship company company
Subsidiary Fellow Subsidiary company
company
Business Transaction(s)
party Transaction(s) Transaction(s) Transaction(s)
Purchases of goods related party transactions 36,89,778
0 0
transactions
0 50,487 38,73,645
party transactions
behalf of company during year related 2,53,702
party transactions
related party during year related party 0
transactions
Amounts receivable related party transactions 0
0 0 0 0
0 0 0 0
100

01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Liebherr Liebherr
LIEBHERR APPLIANCES LIEBHERR APPLIANCES
Name of related party INDIA PRIVATE LIMITED
Australia Pty Africa (Pty.)
INDIA PRIVATE LIMITED
Ltd Ltd
Country of incorporation or residence of related SOUTH
INDIA AUSTRALIA INDIA
party AFRICA
Permanent account number of related party AACCL5201H AACCL5201H
CIN of related party U74120MH2013FTC245571 U74120MH2013FTC245571
Fellow Fellow
Description of nature of related party relationship Fellow Subsidiary company Subsidiary Subsidiary Fellow Subsidiary company
company company
Description of nature of transactions with related Business Business
Business Transaction(s) Business Transaction(s)
party Transaction(s) Transaction(s)
26,74,000 0
transactions
Sales of tangible assets related party
1,10,688 0
transactions
Services received related party transactions 0
behalf of company during year related 79,291 2,53,702
party transactions
related party during year related party 14,052
transactions
Amounts payable related party transactions 0
0 0 0 0
0 0 0 0
101

01/01/2016 01/01/2015 01/01/2016 01/01/2015
to to to to
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Liebherr - Hausgeraete Liebherr Africa Liebherr - Export Liebherr - Hausgeraete
Name of related party Ochsenhausen GmbH (Pty.) Ltd AG Ochsenhausen GmbH
Country of incorporation or residence of related SOUTH
GERMANY SWITZERLAND GERMANY
party AFRICA
Fellow Fellow
Description of nature of related party relationship company
Subsidiary Subsidiary
company
company company
Description of nature of transactions with related Business Business
Business Transaction(s) Business Transaction(s)
party Transaction(s) Transaction(s)
Purchases of goods related party transactions 60,71,44,245
16,53,812 14,31,137
transactions
Services received related party transactions 8,770 22,59,427
97,58,135
party transactions
behalf of company during year related 0 3,96,69,673 1,41,02,833
party transactions
related party during year related party 0 16,46,287
transactions
Amounts payable related party transactions 9,038 25,17,82,499
Amounts receivable related party transactions 53,34,904
0 0 0 0
0 0 0 0
102

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31/12/2016 31/12/2015 31/12/2016 31/12/2015
LIEBHERR CMCTEC Liebherr
Liebherr (Thailand)
Name of related party Co.Ltd
Liebherr - Export AG INDIA PRIVATE (Thailand)
LIMITED Co.Ltd
THAILAND SWITZERLAND INDIA THAILAND
party
Permanent account number of related party AABCL4052F
CIN of related party U74999PN2008FTC133920
Fellow
Description of nature of related party relationship company company
Fellow Subsidiary company Subsidiary
company
Business Transaction(s)
party Transaction(s) Transaction(s) Transaction(s)
Purchases of goods related party transactions 17,26,60,741 5,85,740
2,51,21,094 2,43,636
transactions
Services received related party transactions 14,78,999
0 3,04,88,763 75,53,264 16,75,069
party transactions
behalf of company during year related 47,305 2,45,08,858 0 0
party transactions
related party during year related party 23,63,173 9,776
transactions
Amounts payable related party transactions 26,94,04,511
Amounts receivable related party transactions 2,74,02,710 47,692
0 3,71,201 0 0
0 0 0 0

01/01/2016 01/01/2015
to to
31/12/2016 31/12/2015
Disclosure of notes on related party explanatory [TextBlock] [See below]
Whether there are any related party transactions during year Yes Yes
Whether company is subsidiary company Yes Yes
Section under which company is subsidiary Section 2(87)(ii) Section 2(87)(ii)
103
Disclosure of notes on related party explanatory [Text Block]

Related party transactions
Details of related parties:
Names of related parties Description of relationship
Liebherr International AG, Switzerland Ultimate Holding Company
Liebherr Werk Nenzing GmbH, Austria Holding Company
Liebherr - Export AG, Switzerland Fellow Subsidiaries
Liebherr Mining Equipment Colmar,
Fellow Subsidiaries
France
Liebherr IT Service GmbH, Germany Fellow Subsidiaries
Liebherr Werk Ehingen GmbH, Germany Fellow Subsidiaries
Liebherr Nenzing Services GmbH,
Fellow Subsidiaries
Austria
Liebherr Purchasing Services GmbH,
Fellow Subsidiaries
Germany
Liebherr-Werk Biberach GmbH, Germany Fellow Subsidiaries
Liebherr Hydraulikbagger GmbH,
Fellow Subsidiaries
Germany
Liebherr - Hausgeraete Ochsenhausen
Fellow Subsidiaries
GmbH, Germany
Liebherr-Werk Bischofshofen GmbH,
Fellow Subsidiaries
Austria
Liebherr Canada Ltd, Canada Fellow Subsidiaries
Liebherr Container Cranes Ltd, Ireland Fellow Subsidiaries
Liebherr Machinery (Dalian) Co. Ltd,
Fellow Subsidiaries
China
Liebherr (Thailand) Co.Ltd, Thailand Fellow Subsidiaries
Liebherr Africa (Pty.) Ltd, Africa Fellow Subsidiaries
Liebherr-Hausgeraete Marica Eood,
Fellow Subsidiaries
Bulgeria
Liebherr Baumaschinen Vertriebs,
Fellow Subsidiaries
Germany
Liebherr CMC Tech India Private Limited,
Fellow Subsidiaries
India
Liebherr France S.A.S., France Fellow Subsidiaries
Liebherr Middle East FZE Fellow Subsidiaries
Liebherr Industries Metalicas S.A Fellow Subsidiaries
Liebherr Australia Pty Ltd. Fellow Subsidiaries
Liebherr-Mischtechnik GMBH Fellow Subsidiaries
Liebherr Appliances Pvt. Ltd. Fellow Subsidiaries
Liebherr Martime Benelux B.V. Fellow Subsidiaries
Liebherr Mining Equipment Newport Fellow Subsidiaries
Liebherr Machines Bulle S.A. Fellow Subsidiaries
Mr. Rahul Dandavate (Managing
Key Management Personnel
Director)
Details of related party transactions during the year ended 31

December, 2016 and balances outstanding as at 31 December,
2016:
Details of related party transactions during the year ended 31
December, 2016 and balances outstanding as at 31 December,
2016:
For the year ended
Related Party Transactions with Holding
104
Company 31st December, For the year ended 31st December, 2015
2016
Rs. Rs.
Services Rendered 28,407,946 54,611,575
Purchase of spare parts 142,465,976 190,946,595
Purchase of fixed assets - 613,786
Techinical/Professional services availed 10,471,091 5,941,768
Reimbursement of Expenses -
28,039,295 24,699,124
Receivable
Reimbursement of Expenses - Payable 63,038 -
Sale of spare parts 152,149 8,751,091
Machine tools rent 1,900,166 -
Purchases - Publicity material 14,025 -
Related Party Transactions with Ultimate For the year ended
Holding Company and Fellow 31st December, For the year ended 31st December, 2015
Subsidiaries 2016
Rs. Rs.
LIEBHERR INTERNATIONAL AG
Services availed 2,638,595 -
Reimbursement of Expenses- received 5,102,221 6,361,685
Techinical/Professional services availed - 2,573,953
Balances (Written back)/ written off - 1,502,765
LIEBHERR-MCCTEC ROSTOCK GMBH
Services Rendered 3,360,848 -
Reimbursement of expenses 4,855,925 -
Purchase - Promotional material 546,811
Machine tools rent 1,522,287
LIEBHERR-WERK EHINGEN GMBH
Services Rendered - 2,144,827
Reimbursement of expenses - paid/
641,023 11,119
payable
Reimbursement of expenses received /
7,417,330 3,880,123
receivable
Reimbursement of expenses -Parts - 338,478
Discount Given - 482,483
Discount Received 109,534 -
Purchase - Promotional material 31,190 106,436
LIEBHERR-WERK BISCHOFSHOFEN
GMBH
Techinical/Professional services availed - 87,454
Purchase of spare parts - 13,936
LIEBHERR-WERK BIBERACH GMBH
Sale of Spare parts - 1,243,065
Services Rendered - -
Purchase of spare parts 830,712 1,440,681
Purchase of fixed assets - 359,810
Reimbursement of expenses- received /
5,470,550 1,165,389
receivable
Commission Income - 4,463,142
Purchase - Promotional material 38,594 -
Techinical/Professional services availed 57,476 617,143
105
LIEBHERR-PURCHASING SERVICES
GMBH
Reimbursement of Expenditure - Payable - 31,388
Purchase - Promotional material 167,606 439,122
Purchase of spare parts - 196,983
LIEBHERR-NENZING SERVICE GmbH
Services Rendered 963,743 -
LIEBHERR-IT SERVICES GMBH
Purchase of Consumables - 22,112
Reimbursement of Expenditure - Payable - 10,088
LIEBHERR-HYDRAULIKBAGGER
GMBH
Purchase of Consumables - 6,948
LIEBHERR-HAUSGERAETE
OCHSENHAUSEN
- 14,102,833
receivable
LIEBHERR-EXPORT AG
Services Rendered - 2,820,452
Purchase of Machines (including in
458,095,347 14,521,476
transit)
39,669,673 24,508,858
receivable
Reimbursement of Expenditure - Payable 1,291,440 42,348
Reimbursement of Expenditure - Parts 354,847 2,320,825
Balances Written off - 371,201
Purchases - Promotional material 6,230 80,591
Sale of machines - 18,337,500
LIEBHERR(THAILAND) CO. LTD.
Commission Income - 1,675,069
Reimbursement of Expenses received/
47,305 -
receivable
LIEBHERR-AFRICA (PTY.) LTD.
Sale of Spare part - 1,653,812
Technical/Professional services availed - 8,770
Reimbursement of Expenses paid /
14,052 -
payable
LIEBHERR-MIDDLE EAST FZE
Services rendered 37,400 -
Other income -Misc Receipt 14,342 -
66,616 -
receivable
For the year ended

Related Party Transactions Fellow
31st December, For the year ended 31st December, 2015
Subsidiaries
2016
Rs. Rs.
LIEBHERR MINING EQUIPMENT
COLMAR
Services rendered - 9,903,613
106
Purchase of Spare parts 19,746,247 33,858,561

Reimbursement of Expenditure - Payable 730,885 31,266
1,286,182 5,257,353
receivable
Reimbursement of expenses parts - 163,833
Technical/Professional services availed 204,120 583,008
Sale of spare parts 20,644,492 10,108
Purchase - Promotional material - 61,380
LIEBHERR MINING EQUIPMENT
NEWPORT
Reimbursement of Expenses paid /
84,453 -
payable
LIEBHERR CMCTEC INDIA PRIVATE
LIMITED
- 253,702
receivable
Purchase of Spare parts 585,740 3,689,778
Reimbursement of Expenses paid/
9,776 -
payable
Sale of spare parts 243,636 -
LIEBHERR MACHINERY (DALIAN)
CO.,LTD
Reimbursement of Expenses -
- 110,576
Receivable
Purchase of Spare parts 143,256
LIEBHERR CONTAINER CRANES LTD.
Income from services rendered - 50,487
LIEBHERR INDUSTRIAS METALICAS,
S.A
Commission Income - 358,703
LIEBHERR-AUSTRALIA PTY. LTD
Sale of spare parts - 2,674,000
LIEBHERR-MISCHTECHNIK GMBH
Technical/Professional services availed - 382,611
LIEBHERR APPLIANCES PRIVATE
LIMITED
79,291 253,702
receivable
Sales of Fixed Asset 110,688 -
LIEBHERR MARITIME BENELUX B.V.
156,187 -
receivable
LIEBHERR-MACHINES BULLE S.A.
Technical/Professional services availed 44,756 -
Key Management Personnel
Remuneration- Mr. Rahul Dandvate
11,353,866 10,000,181
(Managing Director w.e.f June 1st,2015)
Remuneration- Mr. Thomas Schwaninger
- 3,968,335
(Managing Director upto May 31st,2015)
For the year ended

Balances outstanding at the end of the
31st December, For the year ended 31st December, 2015
year
2016
107
Trade Receivable
Liebherr-Werk Nenzing GmbH 20,276,311 36,368,736
Liebherr MCCTech Rostock 2,579,587 -
Liebherr International AG 5,220,119 -
Liebherr Export AG 5,334,904 27,402,710
Liebherr Werk Biberach GmbH 5,692,732 3,155,641
Liebherr Werk Ehingen GmbH 20,200,449 3,101,142
Liebherr-International Deutschland
- 6,404,366
GmbH
LIM - Liebherr Industrias Metálicas, S.A. - 364,351
SLC - Saudi Liebherr Company Ltd. - 75,382
Liebherr-MISCHTECHNIK GMBH 1,235,402 -
Liebherr CMCtech India Pvt. Ltd. 47,692 -
Trade Payable
Liebherr-Werk Nenzing GmbH 65,071,152 85,710,160
Liebherr International AG 2,242,489 2,622,099
Liebherr MCCTech Rostock 547,004 -
Liebherr Mining Equipment Colmar 8,191,626 56,884,032
Liebherr Export AG 251,782,499 269,404,511
Liebherr IT Services GmbH 2,612,387 5,961,587
Liebherr Purchasing Services GmbH 10,177 -
Liebherr Werk Biberach GmbH 38,608 1,397,321
Liebherr-Africa (Pty) Ltd - 9,038
Liebherr-Mischtechnik GmbH 606,544 3,000,327
Liebherr-Werk Ehingen GmbH 2,186,523
[201400] Notes - Leases
Disclosure of minimum operating lease payments by lessee [Table] ..(1)

Maturity [Axis] Aggregated time bands [Member] Not later than one year [Member]
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Disclosure of finance lease and operating lease by
lessee [Abstract]
Disclosure of operating lease by lessee [Abstract]
Disclosure of minimum operating lease payments
by lessee [Abstract]
Disclosure of operating lease by lessee
[LineItems]
Minimum operating lease payments payable 14,19,67,653 16,72,88,504 3,82,94,127 3,89,42,541
Disclosure of minimum operating lease payments by lessee [Table] ..(2)

Later than one year and not later than
Maturity [Axis] Later than five years [Member]
five years [Member]
31/12/2016 31/12/2015 31/12/2016 31/12/2015
Disclosure of finance lease and operating lease by
lessee [Abstract]
Disclosure of operating lease by lessee [Abstract]
Disclosure of minimum operating lease payments
by lessee [Abstract]
Disclosure of operating lease by lessee
[LineItems]
Minimum operating lease payments payable 10,36,73,526 12,83,45,963 0 0
108

01/01/2016 01/01/2015
to to
31/12/2016 31/12/2015
Disclosure of leases explanatory [TextBlock] [See below]
Whether any operating lease has been converted to financial lease or
No No
vice-versa
Disclosure of leases explanatory [Text Block]

Lease accounting
Leases in which a significant portion of the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments
made under operating leases are charged to the Statement of Profit and Loss on a straight-line basis over the period of the lease.
The Company has entered into operating lease arrangements for certain facilities / office premises. The leases are non-cancellable and are for a
period of 2 to 4 years and may be renewed for a further period based on mutual agreement of the parties.
[300300] Notes - Earnings per share

01/01/2016 01/01/2015
to to
31/12/2016 31/12/2015
Disclosure of earnings per share explanatory [TextBlock]
Weighted average shares and adjusted weighted average shares [Abstract]
Basic weighted average shares [shares] 12,50,000 [shares] 12,50,000
Adjusted weighted average shares [shares] 0 [shares] 0
Diluted weighted average shares [shares] 12,50,000 [shares] 12,50,000
Adjustments of numerator to calculate basic earnings per share [Abstract]
Numerator to calculate basic earnings per share 1,38,676 11,29,263
Adjustments to reconcile numerator to calculate basic
earning per share to net profit or loss as per statement of 0 0
profit or loss
Profit (loss) for period 1,38,676 11,29,263
Adjustments of numerator to calculate diluted earnings per share [Abstract]
Numerator to calculate diluted earnings per share 1,38,676 11,29,263
Adjustments to reconcile numerator to calculate diluted
earning per share to net profit or loss as per statement of 0 0
profit or loss
Profit (loss) for period 1,38,676 11,29,263
[202800] Notes - Subsidiary information

01/01/2016
to
31/12/2016
Disclosure of subsidiary information explanatory [TextBlock]
Whether company has subsidiary companies No
Whether company has subsidiary companies which are yet to commence
No
operations
Whether company has subsidiary companies liquidated or sold during year No
109
[202400] Notes - Investments in associates

01/01/2016
to
31/12/2016
Disclosure of notes on investment in associates explanatory [TextBlock]
Whether company has invested in associates No
Whether company has associates which are yet to commence operations No
Whether company has associates liquidated or sold during year No
[202500] Notes - Financial reporting of interests in joint ventures

01/01/2016
to
31/12/2016
Disclosure of notes on interests in joint ventures explanatory [TextBlock]
Whether company has invested in joint ventures No
Whether company has joint ventures which are yet to commence operations No
Whether company has joint ventures liquidated or sold during year No
[201500] Notes - Impairment

01/01/2016
to
31/12/2016
Disclosure of impairment of assets explanatory [TextBlock] [See below]
Disclosure of impairment of assets explanatory [Text Block]

Impairment
Assessment is done at each balance sheet date as to whether there is any indication that an asset (tangible and intangible) may be impaired. If any
such indication exists, an estimate of the recoverable amount of the asset/cash generating unit is made. Recoverable amount is higher of an asset’s
or cash generating unit’s net selling price and its value in use. Value in use is the present value of estimated future cash flows expected to arise
from the continuinguse of an asset and from its disposal at the end of its useful life. For the purpose of assessing impairment, the recoverable
amount is determined for an individual asset, unless the asset does not generate cash inflows that are largely independent of those from other
assets or groups of assets. The smallest identifiable group of assets that generates cash inflows from continuing use that are largely independent of
the cash inflows from other assets or groups of assets, is considered as a cash generating unit (CGU). An asset or CGU whose carrying value
exceeds its recoverable amount is considered impaired and is written down to its recoverable amount. Assessment is also done at each balance
sheet date as to whether there is any indication that an impairment loss recognised for an asset in prior accounting periods may no longer exist or
may have decreased. An impairment loss is reversed to the extent that the asset’s carrying amount does not exceed the carrying amount that would
have been determined if no impairment loss had previously been recognised.
110
[202700] Notes - Cash flow statements

01/01/2016 01/01/2015
to to 31/12/2014
31/12/2016 31/12/2015
Disclosure of cash flow statement explanatory [TextBlock]
Cash and cash equivalents if different from balance sheet [Abstract]
Cash and cash equivalents cash flow statement 16,36,32,032 5,25,80,895 67,53,09,603
Other differences to cash and cash equivalents in statement of cash
-41,00,00,000 -63,64,00,000
flows
Total cash and cash equivalents 57,36,32,032 68,89,80,895
Income taxes paid (refund) [Abstract]
Income taxes paid (refund), classified as operating activities 3,07,60,948 5,72,36,344
Income taxes paid (refund), classified as investing activities 0 0
Income taxes paid (refund), classified as financing activities 0 0
Total income taxes paid (refund) 3,07,60,948 5,72,36,344
111
[100200] Statement of profit and loss

01/01/2016 01/01/2015
to to
31/12/2016 31/12/2015
Statement of profit and loss [Abstract]
Disclosure of revenue from operations [Abstract]
Disclosure of revenue from operations for other than finance company
[Abstract]
Revenue from sale of products 90,35,26,654 49,24,31,276
Revenue from sale of services 27,70,60,413 28,05,26,322
Other operating revenues 14,87,01,802 20,18,70,792
Total revenue from operations other than finance company 132,92,88,869 97,48,28,390
Total revenue from operations 132,92,88,869 97,48,28,390
Other income 7,15,68,733 9,75,91,631
Total revenue 140,08,57,602 107,24,20,021
Expenses [Abstract]
Cost of materials consumed 0 0
Purchases of stock-in-trade 83,16,09,823 39,86,30,163
Changes in inventories of finished goods, work-in-progress and
-2,44,07,068 6,39,60,252
stock-in-trade
Employee benefit expense 24,46,73,349 22,72,96,624
Finance costs 0 0
Depreciation, depletion and amortisation expense [Abstract]
Depreciation expense 1,83,34,137 2,61,83,785
Amortisation expense 44,22,250 44,08,513
Total depreciation, depletion and amortisation expense 2,27,56,387 3,05,92,298
Expenditure on production, transportation and other expenditure
0 0
pertaining to exploration and production activities
CSR expenditure 11,56,407 13,69,291
Other expenses 32,27,78,299 32,64,43,436
Total expenses 139,85,67,197 104,82,92,064
Total profit before prior period items, exceptional items, extraordinary
22,90,405 2,41,27,957
items and tax
Prior period items before tax 0 0
Exceptional items before tax 0 0
Total profit before extraordinary items and tax 22,90,405 2,41,27,957
Extraordinary items before tax 0 0
Total profit before tax 22,90,405 2,41,27,957
Tax expense [Abstract]
Current tax 2,81,71,851 4,33,55,203
Deferred tax -2,60,20,122 -2,03,56,509
Total tax expense 21,51,729 2,29,98,694
Total profit (loss) for period from continuing operations 1,38,676 11,29,263
Total profit (loss) for period before minority interest 1,38,676 11,29,263
Total profit (loss) for period 1,38,676 11,29,263
Earnings per equity share [Abstract]
Basic earning per equity share [INR/shares] 0.11 [INR/shares] 0.9
Diluted earnings per equity share [INR/shares] 0.11 [INR/shares] 0.9
112
[300500] Notes - Subclassification and notes on income and expenses

01/01/2016 01/01/2015
to to
31/12/2016 31/12/2015
Subclassification and notes on income and expense explanatory [TextBlock]
Disclosure of revenue from sale of products [Abstract]
Revenue from sale of products [Abstract]
Revenue from sale of products, gross 90,35,26,654 49,24,31,276
Total revenue from sale of products 90,35,26,654 49,24,31,276
Disclosure of revenue from sale of services [Abstract]
Revenue from sale of services [Abstract]
Revenue from sale of services, gross 27,70,60,413 28,05,26,322
Total revenue from sale of services 27,70,60,413 28,05,26,322
Disclosure of other operating revenues [Abstract]
Other operating revenues [Abstract]
Net gain/loss on foreign currency fluctuations treated as other
0 0
operating revenue
Miscellaneous other operating revenues 14,87,01,802 20,18,70,792
Total other operating revenues 14,87,01,802 20,18,70,792
Disclosure of other income [Abstract]
Interest income [Abstract]
Interest income on current investments [Abstract]
Interest on fixed deposits, current investments 0 0
Total interest income on current investments 0 0
Interest income on long-term investments [Abstract]
Interest on fixed deposits, long-term investments 4,55,05,927 5,08,46,821
Total interest income on long-term investments 4,55,05,927 5,08,46,821
Total interest income 4,55,05,927 5,08,46,821
Dividend income [Abstract]
Dividend income current investments [Abstract]
Dividend income current investments from subsidiaries 0 0
Total dividend income current investments 0 0
Dividend income long-term investments [Abstract]
Dividend income long-term investments from subsidiaries 0 0
Total dividend income long-term investments 0 0
Total dividend income 0 0
Net gain/loss on sale of investments [Abstract]
Net gain/loss on sale of current investments 0 0
Net gain/loss on sale of long-term investments 0 0
Total net gain/loss on sale of investments 0 0
Rental income on investment property [Abstract]
Rental income on investment property, current 0 0
Total rental income on investment property 0 0
Other non-operating income [Abstract]
Net gain/loss on foreign currency fluctuations treated as other
1,85,79,476 2,91,41,354
income
Income on brokerage commission 0 0
Liabilities written off -9,61,089 -1,28,17,173
Miscellaneous other non-operating income 65,22,241 47,86,283
Total other non-operating income 2,60,62,806 4,67,44,810
Total other income 7,15,68,733 9,75,91,631
Disclosure of finance cost [Abstract]
Interest expense [Abstract]
Interest expense long-term loans [Abstract]
Interest expense long-term loans, banks 0 0
Total interest expense long-term loans 0 0
Interest expense short-term loans [Abstract]
Interest expense short-term loans, banks 0 0
Total interest expense short-term loans 0 0
Total interest expense 0 0
113
Total finance costs 0 0

Employee benefit expense [Abstract]
Salaries and wages 22,72,83,579 21,36,54,824
Managerial remuneration [Abstract]
Remuneration to directors [Abstract]
Salary to directors 0 0
Total remuneration to directors 0 0
Remuneration to manager [Abstract]
Salary to manager 0 0
Total remuneration to manager 0 0
Total managerial remuneration 0 0
Contribution to provident and other funds [Abstract]
Contribution to provident and other funds for others 1,04,34,918 97,00,395
Total contribution to provident and other funds 1,04,34,918 97,00,395
Staff welfare expense 69,54,852 39,41,405
Total employee benefit expense 24,46,73,349 22,72,96,624
Breakup of other expenses [Abstract]
Consumption of stores and spare parts 0 0
Power and fuel 41,78,564 62,67,686
Rent 4,45,89,592 3,73,57,264
Repairs to building 50,79,362 45,26,344
Repairs to machinery 22,791 4,03,248
Insurance 57,80,761 60,34,612
Rates and taxes excluding taxes on income [Abstract]
Central excise duty 0 0
Cost taxes other levies by government local authorities 3,03,20,958 3,05,25,038
Total rates and taxes excluding taxes on income 3,03,20,958 3,05,25,038
Telephone postage 54,58,061 53,97,210
Printing stationery 14,56,379 11,19,235
Travelling conveyance 6,97,00,541 6,57,26,514
Legal professional charges 93,54,078 1,44,81,261
Directors sitting fees 0 0
Commission to directors other than whole time director or managing
0 0
director or manager
Donations subscriptions 1,50,000 2,16,000
Bank charges 6,03,362 6,81,811
Advertising promotional expenses 51,90,393 90,51,617
Cost repairs maintenance other assets 14,84,721 26,38,489
Cost transportation [Abstract]
Cost freight 1,16,30,174 1,42,20,263
Total cost transportation 1,16,30,174 1,42,20,263
Provision bad doubtful debts created 0 0
Provision bad doubtful loans advances created 2,45,30,456 0
Adjustments to carrying amounts of investments [Abstract]
Provision diminution value current investments created 0 0
Total adjustments to carrying amounts of investments 0 0
Net provisions charged [Abstract]
Provision warranty claims created 0 0
Provision statutory liabilities created 0 0
Total net provisions charged 0 0
Discount issue shares debentures written off [Abstract]
Discount issue shares written off 0 0
Total discount issue shares debentures written off 0 0
Write-off assets [Abstract]
Miscellaneous expenditure written off [Abstract]
Financing charges written off 0 0
Total miscellaneous expenditure written off 0 0
Bad debts written off 13,88,819 1,60,52,867
Bad debts advances written off 0 0
Total write-off assets 13,88,819 1,60,52,867
Loss on disposal of intangible asset 0 0
Loss on disposal, discard, demolishment and destruction of depreciable
1,02,262 16,42,541
tangible asset
Contract cost [Abstract]
Site labour supervision cost contracts 21,53,598 35,78,774
114
Overhead costs apportioned contracts [Abstract]

Insurance cost apportioned contract 0 0
Total overhead costs apportioned contracts 0 0
Total contract cost 21,53,598 35,78,774
Payments to auditor [Abstract]
Payment for audit services 12,50,000 3,50,000
Payment for taxation matters 3,50,000 5,25,000
Payment for other services 31,250 1,45,813
Total payments to auditor 16,31,250 10,20,813
Payments to cost auditor [Abstract]
Payment for cost audit charges 0 0
Total payments to cost auditor 0 0
Miscellaneous expenses 9,79,72,177 10,55,01,849
Total other expenses 32,27,78,299 32,64,43,436
Breakup of expenditure on production, transportation and other
expenditure pertaining to exploration and production activities
[Abstract]
Other expenditure pertaining to exploration and production activities 0 0
Total expenditure on production, transportation and other
0 0
expenditure pertaining to exploration and production activities
Current tax [Abstract]
Current tax pertaining to previous years -22,87,048 0
Current tax pertaining to current year 3,04,58,899 4,33,55,203
Total current tax 2,81,71,851 4,33,55,203
115
[300600] Notes - Additional information statement of profit and loss

01/01/2016 01/01/2015
to to
31/12/2016 31/12/2015
Additional information on profit and loss account explanatory [TextBlock]
Changes in inventories of finished goods 0 0
Changes in inventories of stock-in-trade -2,44,07,068 6,39,60,252
Total changes in inventories of finished goods, work-in-progress and
-2,44,07,068 6,39,60,252
stock-in-trade
Exceptional items before tax 0 0
Total exceptional items 0 0
Attachment of property of enterprise 0 0
Total extraordinary items before tax 0 0
Total extraordinary items 0 0
Total exceptional and extraordinary items 0 0
Prior period income before tax 0 0
Total prior period items before tax 0 0
Total prior period items after tax 0 0
Revenue other services 10,04,54,198 7,84,71,688
Revenue domestic contracts 17,66,06,215 20,20,54,634
Total revenue contracts 17,66,06,215 20,20,54,634
Total gross income from services rendered 27,70,60,413 28,05,26,322
Value of imports of raw materials 9,32,702 7,02,665
Value of imports of components and spare parts 65,25,47,363 32,97,85,436
Value of imports of capital goods 0 9,73,596
Total value of imports calculated on CIF basis 65,34,80,065 33,14,61,697
Expenditure on dividend paid 0 0
Total expenditure in foreign currency 0 0
Final dividend remitted in foreign currency 0 0
Interim dividend remitted in foreign currency 0 0
Special dividend remitted in foreign currency 0 0
Total amount of dividend remitted in foreign currency 0 0
Total number of non-resident shareholders [Qty] 2 [Qty] 2
Total number of shares held by non-resident shareholders on which
[shares] 12,50,000 [shares] 12,50,000
dividends were due
Year to which dividends relate Not Applicable Not Applicable
FOB value of manufactured goods exported 0 0
FOB value of traded goods exported 2,20,75,630 3,96,37,519
Total earnings on export of goods calculated on FOB basis 2,20,75,630 3,96,37,519
Earnings on royalty 0 0
Total earnings on royalty, know-how, professional and
0 0
consultation fees
Earnings on interest 0 0
Total earnings on interest and dividend 0 0
Earnings on other income 24,55,48,423 32,77,31,924
Total earnings in foreign currency 26,76,24,053 36,73,69,443
Commission Income - Commission Income -
125541097, Sale of 187,454,173, Sale of
Nature of earnings on other income in foreign currency services - 41,517,057 , services - 59,319,192,
Reimbursement of Reimbursement of
expenses - 78,490,270 expenses - 80,958,559
Amount of revenue received in foreign currency from services 0 0
Insurance and freight on exports 0 0
Profit in foreign currency on sale of assets 0 0
Commission brokerage and discount charges in foreign currency 0 0
Professional charges in foreign currency 1,58,63,534 1,18,78,314
Bank and finance charges in foreign currency 0 0
Logistic charge in foreign currency 0 0
Foreign tax 0 0
Sales marketing and advertising expenses in foreign currency 0 0
Meeting expenses in foreign currency 0 0
116
Research and development expenses in foreign currency 0 0

Intangible asset charges in foreign currency 0 0
Membership and subscription expenses in foreign currency 0 0
Insurance charges in foreign currency 0 0
Telecommunication expenses in foreign currency 0 0
Domestic sale traded goods 88,14,51,024 45,27,93,757
Total domestic turnover goods, gross 88,14,51,024 45,27,93,757
Export sale traded goods 2,20,75,630 3,96,37,519
Total export turnover goods, gross 2,20,75,630 3,96,37,519
Total revenue from sale of products 90,35,26,654 49,24,31,276
Domestic revenue services 23,55,43,356 22,12,07,131
Export revenue services 4,15,17,057 5,93,19,191
Total revenue from sale of services 27,70,60,413 28,05,26,322
Gross value of transaction with related parties as per AS-18 110,88,40,414 82,34,91,309
Bad debts of related parties as per AS-18 0 18,73,966
[300100] Notes - Revenue

01/01/2016
to
31/12/2016
Disclosure of revenue explanatory [TextBlock] [See below]
Disclosure of revenue explanatory [Text Block]

Revenue recognition
Sale of Goods
Sales are recognised when the significant risks and rewards of ownership in the goods are transferred to the buyer as per the terms of the contract,
which coincides with the delivery of goods and are recognised net of trade discounts, rebates, sales taxes and excise duties.
Services :
In contracts involving the rendering of services, revenue is measured using the proportionate completion method when no significant uncertainty
exists regarding the amount of the consideration that will be derived from rendering the service and are recognised net of service tax.
Interest
Income from interest is recognized on time proportion basis taking into account the sum outstanding and the rate interest applicable.
117
[300700] Notes - Key managerial personnels and directors remuneration and other information
Disclosure of key managerial personnels and directors and remuneration to key managerial personnels and directors [Table] ..(1)
Key managerial personnels and directors [Axis] Directors1 Directors2 Directors3
01/01/2016 01/01/2016 01/01/2016
to to to
31/12/2016 31/12/2016 31/12/2016
Disclosure of key managerial personnels and directors and
remuneration to key managerial personnels and directors [Abstract]
Disclosure of key managerial personnels and directors and
remuneration to key managerial personnels and directors
[LineItems]
RAHUL GERHARD MAG MARKUS
Name of key managerial personnel or director DANDAVATE FRAINER SCHMIDLE
Director identification number of key managerial personnel or
07041371 05210543 07430678
director
Permanent account number of key managerial personnel or director AEMPD7577H
Date of birth of key managerial personnel or director 21/06/1974 12/11/1969 06/04/1972
Designation of key managerial personnel or director Managing Director Director Director
B.Com. CA, CWA,
Qualification of key managerial personnel or director CS and MBA
MBA MBA
Shares held by key managerial personnel or director [shares] 0 [shares] 0 [shares] 0

Key managerial personnel or director remuneration [Abstract]
Gross salary to key managerial personnel or director [Abstract]
Salary key managerial personnel or director 1,13,53,866 0 0
Perquisites key managerial personnel or director 0 0 0
Profits in lieu of salary key managerial personnel or director 0 0 0
Gross salary to key managerial personnel or director 1,13,53,866 0 0
Sitting fees key managerial personnel or director 0 0 0
Stock option key managerial personnel or director 0 0 0
Sweat equity key managerial personnel or director 0 0 0
Commission as percentage of profit key managerial personnel or
0 0 0
director
Other commission key managerial personnel or director 0 0 0
Other compensation key managerial personnel or director 0 0 0
Total key managerial personnel or director remuneration 1,13,53,866 0 0
118
[301000] Notes - Corporate social responsibility
Classification of CSR spending [Table] ..(1)

Classification of CSR spending [Axis] ClassificationOfCSRSpending1
01/01/2016
to
31/12/2016
Disclosure of CSR spending [Abstract]
Details of CSR spent during financial year [Abstract]
Manner in which amount CSR spent during financial year [Abstract]
Manner in which amount CSR spent during financial year [LineItems]
CSR project or activity identified Donation
Prime Minister's National Relief
Sector in which project is covered Fund
Name of state or union territory where projects or programs was undertaken Maharashtra
Budget amount outlay project or program wise 10,37,114
Amount spent on projects or programs [Abstract]
Direct expenditure on projects or programs 11,56,407
Overheads on projects or programs 0
Total amount spent on projects or programs 11,56,407
Cumulative expenditure upto reporting period 0
Expenditure on administrative overheads 0
Mode of amount spent Directly by company
Disclosure of net profits for last three financial years [Table] ..(1)
Financial year 1 Financial year 2 Financial year 3
Net profits for last three financial years [Axis]
[Member] [Member] [Member]
01/01/2016 01/01/2016 01/01/2016
to to to
31/12/2016 31/12/2016 31/12/2016
Disclosure of net profits for last three financial years [Abstract]
Disclosure of net profits for last three financial years [LineItems]
Description of financial year 2015 2014 2013
Profit before tax of financial year 2,41,27,957 10,06,18,869 2,65,11,213
Net profit computed u/s 198 and adjusted as per rule 2(1)(f)
2,57,70,498 10,14,23,504 (A) 2,83,73,063
of Companies (CSR Policy) Rules, 2014
Footnotes
(A) Reversed computed. Confirm.
119

01/01/2016
to
31/12/2016
Disclosure of corporate social responsibility explanatory [TextBlock] [See below]
Whether provisions of corporate social responsibility are applicable on
Yes
company
Disclosure of composition of CSR committee [TextBlock] [See below]
Whether company has written CSR policy Yes
Details CSR policy [TextBlock] [See below]
Average net profit for last three financial years 5,18,55,688.33
Prescribed CSR expenditure 10,37,113.77
Amount CSR to be spent for financial year 10,37,113.76
Amount CSR spent for financial year (A) 11,56,407

Amount spent in local area 0
Amount spent on construction/acquisition of any asset in cash 0
Amount spent on construction/acquisition of any asset yet to
0
be paid in cash
Total amount spent on construction/acquisition of any asset 0
Amount spent on purposes other than construction/acquisition
0
of any asset in cash
Amount spent on purposes other than
0
construction/acquisition of any asset yet to be paid in cash
Total amount spent on purposes other than
0
construction/acquisition of any asset
Amount unspent CSR 0
Footnotes
(A) Actual Spending Rs. 3922020 (Refer CSR Note)
Disclosure of corporate social responsibility explanatory [Text Block]

Corporate Social Responsibility:
The details in respect of the gross amount required to be spent, amount actually spent and the amount unspent by the Company during the year
towards Corporate Social Responsibility (CSR) as per the provision of section 135 of the Companies Act, 2013 are as below:
As at 31st December, As at 31st December,

Particulars
2016 2015
a) Prescribed CSR Expenditure [2% of Average net profit of past 3 financial
1,037,114 2,765,613
year]
b) CSR Provision as per books - 2,765,613
c) Details of CSR spent during the year 2016
- Total amount to be spent for the financial year 1,037,114 -
- Total amount spent during the year 3,922,020 -
- Amount unspent, if any - 2,765,613
The Company has reversed the prior period provision of Rs.2,765,613 for corporate social responsibility (CSR) in the current year and has set-off
this reversal against the current year CSR expense in Note 22- Other Expenses.
120
Disclosure of composition of CSR committee [Text Block]

121
Details CSR policy [Text Block]

Corporate Social Responsibility Policy w.e.f 27th February 2015
The Board of Directors (the “Board”) of Liebherr India Private Limited (the “Company”) acting upon the recommendation of its Corporate Social
Responsibility Committee (the “Committee”), has adopted the following policy and procedures with regard to the Company’s Social
Responsibility:
Vision and Policy Statement:
Corporate Social Responsibility (CSR) is the company’s contribution to social and economic development of the local community in which we
operate and to society at large. We commit to spend a minimum 2% of the average net profit of the preceding three financial years on CSR
activities. The Board of Directors of the Company through its CSR committee will plan and monitor the expenditure of CSR activities.
The CSR Committee will annually recommend the CSR programmes and project to the Boards of its approval. The activities undertaken in the
normal course of business will not be a part of CSR activities.
Applicability:
This CSR policy has been formulated in consonance with Section 135 of the Companies Act 2013 read with CSR Rules notified by the Ministry
of Corporate Affairs, Government of India, from time to time. This Policy shall apply to all CSR projects/programmes undertaken by the
company in India as per the Schedule VII of the Companies Act, 2013. This Policy will be applicable to Liebherr India Private Limited.
CSR Budget:
The CSR Committee will recommend the annual budgeted expenditure project wise to the Board for its consideration and approval.
CSR Programmes and Projects
The Company shall undertake any of the following Activities/Projects or such other activities/projects as may be notified by the Ministry of
Corporate Affairs from time to time as a part of the Corporate Social Responsibility (“CSR”):
i. Eradicating hunger, poverty and malnutrition, promoting preventive health care and sanitation and making available safe drinking water;
ii. Promoting education, including special education and employment enhancing vocation skills especially among children, women, elderly and
the differently abled and livelihood enhancement projects;
iii. Promoting gender equality, empowering women, setting up homes and hostels for women and orphans, setting up old age homes, day care
centers and such other facilities for senior citizens and measures for reducing inequalities faced by socially and economically backward groups;
iv. Ensuring environmental sustainability, ecological balance, protection of flora and fauna, animal welfare, agroforestry, conservation of natural
resources and maintaining quality of soil, air and water;
v. Protection of national heritage, art and culture including restoration of buildings and sites of historical importance and works of art; setting up
public libraries;
vi. Promotion and development of traditional arts and handicrafts;
vii. Measures for the benefit of armed forces veterans, war widows and their dependents;
viii. Training to promote rural sports, nationally recognised sports, Paralympic and Olympic sports;
ix. Contribution to the Prime Minister’s National Relief Fund or any other fund set up by the central government for socio-economic development
and relief and welfare of the scheduled castes, the scheduled tribes, other backward classes, minorities and women;
x. Contribution or funds provided to technology incubators located within academic institution which are approved by the Central Government;
xi. Rural development projects;

xii. Any other activities in relation of the above and all other activities which forms part of CSR as per Schedule VII of the Act, 2013 (the “Act”)
as amended from time to time.
(Collectively hereinafter referred to as “CSR Activities”)
The CSR Activities shall be undertaken only in India for the benefit of the public and not only for the employees of the Company and their
family. Provided that the preference shall be given to the local areas and areas where the Company operates for undertaking the CSR Activities.
The Companies CSR projects and programmes will be implemented through public charitable trust, not for profit companies set up under section
122
25 of the Companies Act, 1956 (corresponding to Section 8 of the companies Act, 2013) through recognized and reputed NGOs and similar
entities.
Implementation of CSR Activities
i. The Company may undertake CSR Activities through a registered trust or society or any company, established by the Company, its holding or
subsidiary company under Section 8 of the Act for such not-for-profit objectives.
Provided that the Company can carry out the CSR Activities through such other institutes having an established track record of 3 (three) years in
undertaking the CSR Activities.
ii. The Company may collaborate with other companies for undertaking the CSR Activities subject to fulfilment of separate reporting
requirements as prescribed in the Companies (Corporate Social Responsibility Policy) Rules, 2014 (the “Rules”).
iii. The CSR Activities shall not include any activity undertaken by the Company in pursuance of normal course of business of the Company.
iv. The Company shall not make any payment directly or indirectly to Political Party (ies) for CSR Activities.
Procedure for CSR Activities
i. The Committee shall recommend the Board suitable CSR Activities to be undertaken during for the financial year along with the detailed plan,
modalities of execution, implementation schedule, monitoring process and amount to be incurred on such activities;
ii. The Board shall give its approval based on the recommendation of the Committee and in compliance of this Policy;
iii. The Committee, after approval, shall submit the half-yearly report giving status of the CSR Activities undertaken, Expenditure Incurred and
such other details as may be required by the Board.
Composition
In compliance with the rules laid down under the Companies Act 2013, the composition of the CSR Committee shall be as under:
• Initially, the CSR Committee will comprise three Directors -
1. Mr Rahul Dandavate
2. Mr Gerhard Frainer*
Role of the Committee
The Committee shall carry out of the following functions:
(a) recommend the CSR Policy to the Board;
(b) identify the projects/activities to be undertaken by the Company for CSR

* Mr. Gerhard Frainer appointed in place of Dr Thomas Schwaninger vide Board Resolution dated 28th July 2015
(c) recommend to the Board CSR Activities to be undertaken along with detailed plan, modalities of execution, implementation schedule,
monitoring process and amount to be incurred on such activities;
(d) monitor the CSR Policy of the Company from time to time;
(e) ensure compliance of CSR Policy and the Rules;
(f) such other functions as may be delegated and/or assigned by the Board from time to time.
Words and expressions used and not defined in this Policy shall have the same meanings respectively assigned to them in the Act and the Rules.
Frequency of Meetings:
The Committee shall meet at least twice in a Financial Year.
Reporting, Evaluation and Documentation:
• The Budget for CSR initiatives shall be prepared in accordance with section 135 of the Companies Act 2013, or other statutory enactment
• CSR Projects will be undertaken based on the best possible extent on the recommendation of the CSR Committee within the defined thrust
areas.
• Project support will depend on the scale of the project and its feasibility. The CSR Committee will evaluate the project progress.
• All the identified activities will undergo pre-&-post analysis as per Annexure 1. The CSR report shall also be included in the Board’s report as
required by the Companies Act 2013.
123
• Surplus arising out of CSR activity, if any, will not form part of business profits of the Company.
• The Corpus of the CSR Policy will include-
a) 2% of the average net profit of the proceeding three years.

b) Any income arising therefrom
c) Surplus arising out of the above activities;
• All CSR activities covered under the policy shall be carried out within India.
Review of the Policy:
The CSR Committee shall review the CSR Policy periodically and make revisions to the same with the approval of the Board.
124

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Liebherr India Private Limited - Standalone - Fs - Jan-Dec 2016

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Standalone Financial Statements for period 01/01/2016 to 31/12/2016

[400100] Disclosure of general information about company

Disclosure of principal product or services [Table] ..(1)

[400400] Disclosures - Directors report

Details of directors signing board report [Table] ..(1)

Details of shareholding pattern [Table] ..(1)

Details of shareholding pattern [Table] ..(2)

Particulars of holding, subsidiary and associate companies [Table] ..(1)

Unless otherwise specified, all monetary values are in INR

There was no change in the

Earnings in Foreign Currency*

Textual information (1)

Disclosure in board of directors report explanatory [Text Block]

During the year under review, performance of your company as under:

Particulars December, 31 2016 December, 31 2015

2. State of Company’s Affairs and Future Outlook

3. Change in nature of business, if any

5. Directors Responsibility Statement

7. Changes in Share Capital

8. Extract of Annual Return

9. Number of Board Meetings & Committee Meetings

The meetings of the CSR Committee were held on 26.04.2016.

10. Particulars of Loan, Guarantees and Investments under Section 186

11. Related Parties Transactions

14. Risk Management Policy

15. Directors and Key Managerial Personnel

At present following persons are the Directors of the Company.

18. Corporate Social Responsibility (CSR) Policy

For the year ended 31st

19. Human Resources

21. Internal Control System and Adequacy

22. Explanation to Auditor’s Remarks

23. Material Changes Affecting the Financial Position of the Company

24. Details of Subsidiary, Joint Venture or Associates

For Liebherr India Private Limited

Mr. Rahul Dandavate Mr. Gerhard Frainer

Place: Navi Mumbai

Earnings in Foreign Currency*

Textual information (2)

Description of state of companies affair

Textual information (3)

Details regarding energy conservation

Textual information (4)

Disclosures in director’s responsibility statement

Textual information (5)

Textual information (6)

FORM NO. MGT 9

As on financial year ended on

31st December, 2016

I. Registration & Other Details:

Private Limited Company

7. Name, Address & contact details of the

S. NIC Code of the % to total turnover

III. Particulars of Holding, Subsidiary and Associate Companies –

A. Category-wise Share Holding

Total shareholding of 1250000 1250000 1250000 1250000

Shareholding at Shareholding % change in

C. Change in Promoters’ Shareholding (please specify, if there is no change)

Date wise Increase / Decrease in Promoters

D. Shareholding Pattern of top ten Shareholders:

For Each of the Top 10

Date wise Increase / Decrease in Promoters Shareholding during the year