Abb power grids czech republic s.r.o. plus#

Ltd., Beijing, China ABB LLP., Almaty, KazakhstanĪBB Beteiligungs-Management GmbH, Mannheim, Germany ABB Logistics Center Europe GmbH, Menden, GermanyĪBB Bulgaria EOOD, Sofia, Bulgaria ABB Ltd., Hanoi, VietnamĪBB Business Services Sp.

Ltd., Beijing, China ABB LLC, Doha, QatarĪBB Bailey Japan Limited, Shizuoka-Ken, Japan ABB LLC, Muscat, OmanĪBB Beijing Drive Systems Co. Ltd., Riyadh, Saudi Arabia ABB Limited, Dhaka, BangladeshĪBB Automation GmbH, Mannheim, Germany ABB Limited, Dublin, IrelandĪBB Automation L.L.C., Abu Dhabi, United Arab Emirates ABB Limited, Nairobi, KenyaĪBB Automation Products GmbH, Ladenburg, Germany ABB Limited, Warrington, United KingdomĪBB B.V., Rotterdam, Netherlands ABB Limited/Jordan LLC., Amman, JordanĪBB Bailey Beijing Engineering Co. Bhd., Subang Jaya, Malaysia ABB Limited, Bangkok, ThailandĪBB Australia Pty Limited, Moorebank, NSW, Australia ABB Limited, Dar Es Salaam, Tanzania, United Republic ofĪBB Automation Co. Other Related parties with whom transactions have taken place during the year:įellow subsidiaries: ABB Inc., Cary, NC, United StatesĪBB (Asea Brown Boveri), S.A., Oeiras, Portugal ABB Management Services Ltd., Zurich, SwitzerlandĪBB (China) Ltd., Beijing, China ABB Inc., Saint-Laurent, Quebec, CanadaĪBB (Hong Kong) Ltd., Hong Kong, Hong Kong ABB Industries (L.L.C.), Dubai, United Arab EmiratesĪBB (Namibia) (Pty) Ltd., Windhoek, Namibia ABB Industries FZ, Dubai, United Arab EmiratesĪBB (Private) Ltd., Harare, Zimbabwe ABB Information Systems Ltd., Zurich, SwitzerlandĪBB (Pty) Ltd., Gaborone, Botswana ABB International Marketing Ltd in liquidation, Zurich, SwitzerlandĪBB (Pvt) Ltd., Lahore, Pakistan ABB Intra AG, Baden, SwitzerlandĪBB A/S, Skovlunde, Denmark ABB Inzeniring d.o.o., Ljubljana, SloveniaĪBB AB, Vasteras, Sweden ABB Jiangjin Turbo Systems Company Limited, Chongqing, ChinaĪBB AG, Mannheim, Germany ABB Jiangsu Jingke Instrument Transformer Co., Ltd., Suqian,ĪBB AS, Billingstad, Norway ABB K.K., Tokyo, JapanĪBB AS, Juri, Estonia ABB Limited, Auckland, New ZealandĪBB Manufacturing Sdn. Related party disclosures a) List of related partiesĪBB Limited, Zurich, Switzerland (Ultimate Holding Company)ĪBB Asea Brown Boveri Limited, Zurich, Switzerland (Holding Company) The same is repayable on demand and carries interest 9% to 11% p.a.Ĥ. Short term borrowings represent unsecured overdraft facility from banks. Excise duty reversal on decrease in inventory of finished goods amounting to Rs, 1.15 crores (Previous year Rs, 0.90 crores) has been accounted in the statement of profit and loss under the head (Increase)/ decrease in inventories of finished goods, work-in-progress and traded goods.ģ. Excise duty on sales amounting to Rs, 541.31 crores (Previous year Rs, 530.43 crores) has been reduced from sales in the statement of profit and loss. There are no assets given on operating lease.Ģ.

There are no exceptional / restrictive covenants in the lease agreement. Some of the lease agreements have escalation clause ranging from 5% to 15%. Rental expenses towards cancellable and non-cancellable operating lease charged to the statement of profit and loss amounts to Rs, 42.30 crores (Previous Year Rs, 52.93 crores). These lease agreements are normally for one to ten years and have option of renewal on expiry of lease period based on mutual agreement. The Company has taken several premises and vehicles under cancellable and non-cancellable operating leases. In respect of the above contingent liabilities, the future cash outflows are determinable only on receipt of judgement pending at various forums / authorities.ġ. The management believes that the ultimate outcome of this proceeding will not have a material adverse effect on the Company''''s financial position. The Company is contesting the demands and the management believes that its position will likely be upheld in the various appellate authorities/courts. The proceeds have been utilized towards working capital and other corporate purposes including refinancing of Company''''s debt.

Abb power grids czech republic s.r.o. plus#

The debentures carry interest rate of MIBOR plus 80 basis points. The debentures are repayable after 3 years from the date of allotment being September 4, 2015. D) There is no movement in the share capital during the current and previous year.