Niit Limited · NSE:NIITLTD
Niit — FY2015 Earnings Presentation
6 slides from Niit's earnings presentation, July 2015
Slide 1: FY15 - Results Update
FY15 - Results Update July, 2015
Slide 2: Accounting Treatment on Amalgamation of Subsidiaries Pursuant to the Scheme of Arrangement
Accounting Treatment on Amalgamation of Subsidiaries Pursuant to the Scheme of Arrangement • NIIT had undertaken a composite Scheme of Arrangement for rationalization of subsidiary companies’ structure as a part of the business transformation initiative. This included amalgamation of 3 wholly owned
Slide 3: Impact on Standalone and Consolidated Balance Sheet
Impact on Standalone and Consolidated Balance Sheet • The impact of the accounting treatment, as opined by the EAC of ICAI, is only on Standalone and Consolidated Balance Sheets for FY15. There is no change in the respective Profit and Loss Statements • Standalone Financials • Increase in value of I
Slide 4: NIIT Limited - Consolidated Balance Sheet
NIIT Limited - Consolidated Balance Sheet As on As on INR Mn Mar'14 Mar'15 330 Equity 330 6,488 Reserves and Surplus 7,027 6,818 Shareholders' Funds 7,357 1,212 Secured Loans 1,527 67 Unsecured Loans 19 1,280 Debt Funds 1,546 8,098 Total Sources of Funds 8,904 2,033 Net Fixed Assets (incl. CWIP) 1,1
Slide 5: NIIT Limited – Standalone Balance Sheet
NIIT Limited – Standalone Balance Sheet As on As on INR Mn Mar'14 Mar'15 330 Equity 330 3,865 Reserves and Surplus 7,786 4,196 Shareholders' Funds 8,116 1,054 Secured Loans 1,247 225 Unsecured Loans 0 1,279 Debt Funds 1,247 5,474 Total Sources of Funds 9,363 1,598 Net Fixed Assets (incl. CWIP) 653 1
Slide 6: Thank you
Thank you