Rafale Ds Hkz'vkpkj Ds ^Isls Dk [Ksy* Vksj ^Money Trail* Vc Idm+H Xbz Gsa Pksdhnkj Dh Pksjh Jax S Gkfkksa Idm+H Xbz Gsa Isls
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Rafale ds Hkz‘Vkpkj ds ^iSls dk [ksy* vkSj ^Money Trail* vc idM+h xbZ gSA pkSdhnkj dh pksjh jaxs gkFkksa idM+h xbZ gSA iSls dk [ksy & bl gkFk ns] ml gkFk ysA [ksy NksVk eksVk ugha gSA 11000% dk [ksy [ksyk x;k gSA ns”k dks pkSdhnkjh cgqr egaxh iM+h gSA pkSdhnkj ds Hkz‘Vkpkj dk 3-Step Formula %& Step 1 I. April, 2015 & eksnh th France tkrs gSaA vfuy vackuh dks lkFk ys tkrs gSaA 526 djksM+ dk Rafale tgkt 1670 djksM+ esa [kjhn vkrs gSaA vkSj tSlk France ds jk‘Vªifr] Francois Hollande us dgk] HAL ls Contract Nhu 30]000 djksM+ dk Contract vfuy vackuh dh daiuh dks fnyokrs gSaA II. September, 2016 & Modi Government Rafale tgkt [kjhnus dk Agreement sign djrh gSA III. December 2016& Media Reports ds eqrkfcd] cxSj tgkt vk, gh Modi Government 15% Advance iSLkk Dassault Aviation dks nsrs gSaA IV. 2017& Dassault Aviation vfuy vackuh dh Junk Company & Reliance Airport Developers Limited dks 40 Million Euros ;kfu 284 djksM+ #- nsrs gSaA Step 2- oks Hkh dSls & 24]84]000 “ks;j [kjhndjA 10 #- dk “ks;j] 11000% Premium ij ;kfu 1154 #- esa [kjhnk tkrk gSA Step 3- bl Junk Company dk deky vkSj Hkh nsf[k,% Year Turnover Loss Assets 2015&16 & & 7]10]000 2016&17 6]00]000 9]80]000 8]30]000 ,d ,slh daiuh ftlds dqy Assets 8 Lakh gSa] vkSj ftlesa 9 Lakh #- dk uqdlku gS] vkSj tks dksbZ dke ugha djrh] Dassault Aviation mlds 10 #- ds “ks;j dks 11000% esa [kjhn jgk gSA dkj.k vki lc tkurs gSa] vkSj le>rs Hkh gSaA D;k ;g Rafale dh corruption dh Instalment gS\ jkQsy dh corruption dh ,slh fdruh vkSj instalments gSa\ Dassault Aviation us ,slh fdruh Junk daifu;ksa esa 11000% egaxk Share [kjhnk gS\ D;k Defence Minister France ;s irk djus xbZ Fkha fd vxyh Instalment dc vk,xh\ pkSdhnkj tokc dc nsxk\ 2017 ANNUAL FINANCIAL REPORT DASSAULT AVIATION – PARENT COMPANY Note 3 - Financial assets Acquisitions Disposals (in EUR thousands) 12/31/2016 Other 12/31/2017 Allocations Reversals Equity associates (1) 2,150,315 69,888 -28,965 0 2,191,238 Receivables from equity investments 0 4,000 0 0 4,000 Other investment securities 37,387 0 0 0 37,387 Loans 1,398 100 -346 0 1,152 Other financial assets 31,199 795 -32 0 31,962 Total 2,220,299 74,783 -29,343 0 2,265,739 Provisions -4,467 -6,232 4,313 0 -6,386 Net value 2,215,832 68,551 -25,030 0 2,259,353 (1) inc. Thales: EUR 1,984,272 thousand. Market price of T hales shares and impairment test: Based on the market price of the T hales share as of December 31, 2017 (EUR 89.88 per share), Dassault Aviation ’s stake in Thales is valued at EUR 4,722 million. In the absence of any objective indication of impairment, the Thales investment had not been subject to an impairment test as of December 31, 2017. Acquisitions include Dassault Reliance Aerospace Limited and Reliance Airport Developers Limited investment securities. The absorption of Dassault Procurement Services by Dassault Falcon Jet during the second half of 2017 led to an exchange of Dassault Procurement Services investment securities by Dassault Falcon Jet with no impact on the result. Maturity of financial assets Within More than (in EUR thousands) Total 1 year 1 year Receivables from equity investments 4,000 0 4,000 Loans 1,152 209 943 Other financial assets 31,962 0 31,962 Total 37,114 209 36,905 2017 annual financial report | DASSAULT AVIATION 159 Company Financial Statements Note 3 - Financial assets (continued) A. List of subsidiaries and associates with a gross value exceeding 1% of the company’s share capital and in which the Company holds at least 10% of the shares Amount of Net Dividends Book value of securities Loans and deposits Net sales income received Share of Companies or groups advances and of the (+)/loss by the Equity other the of companies Capital granted guarantees most (-) of the Company than capital capital by the provided recent latest during (EUR thousands) held (%) Gross Net Company by the fiscal year fiscal the fiscal Company year year 1. S ubsidiaries (more than 50% owned) a. French subsidiaries Dassault Falcon Service 3,680 94,935 99.99 59,453 59,453 0 0 175,147 3,388 0 Dassault International 1,529 20,077 99.63 19,236 19,236 0 0 802 144 0 Dassault Réassurance 10,459 8,734 99.99 10,133 10,133 0 0 1,044 86 0 Dassault Aviation 4,037 -49 100.00 4,037 4,037 0 0 0 -2 0 Participations Sogitec Industries 4,578 181,770 99.80 25,446 25,446 0 0 95,042 21,298 0 Total 118,305 118,305 0 0 0 b. Foreign subsidiaries Dassault Falcon Jet 12,016 698,189 88.49 36,732 36,732 0 55,366 1,423,558 7,086 0 Dassault International 4,211 62, 451 100.00 3,727 3,727 0 0 908 5,239 0 inc. (USA) Dassault Falcon Business Services 1,501 698 100.00 2,294 2,294 0 0 2,438 93 0 (China) Total 42,753 42,753 0 55,366 0 Total subsidiaries 161,058 161,058 0 55,366 0 2. Equity associates (between 10 and 50% owned) a. French associates Corse Composites 1,707 9,652 24.81 996 996 0 0 67,494 1,444 0 Aeronautiques Eurotradia 3,000 29,838 16.20 3,099 3,099 0 0 30,840 592 97 International (1) Thales (2) 638,000 6,243,800 24.70 1,984,272 1,984,272 0 0 258,500 383,800 86,677 Total 1,988,367 1,988,367 0 0 86,774 b. Foreign associates (1) Dassault Reliance 1,795 0 49.00 962 962 4,000 0 0 0 0 Aerospace Limited Reliance Airport 932 8,323 34.79 39,962 39,962 0 0 0 -13 0 Developers Limited Total 40,924 40,924 4,000 0 0 Total associates 2,029,291 2,029,291 4,000 0 86,774 (1) information available: Eurotradia International 12/31/2016 - Dassault Reliance Aerospace Limited not applicable - Reliance Airport Developers Limited 03/31/2017. (2) Parent company financial statements. 160 2017 annual financial report | DASSAULT AVIATION Annual Report 2017-18 Reliance Infrastructure Limited Notes annexed to and forming part of the Standalone Financial Statements 6. Inventories (` Crore) As at As at Particulars March 31,2018 March 31,2017 Fuel (including in transit and with third party ` 52.35 Crore 219.07 184.58 (March 31, 2017 - ` 4.64 Crore)) Stores and Spares 116.60 122.66 (These Inventories are given as security to the Lenders - Refer Note No. 19 & 20). Total 335.67 307.24 (Inventories are stated at lower of cost and net realisable value.) Note 7: Financial assets 7(a) Non-current investments Particulars Face value As at March 31, 2018 As at March 31, 2017 in Number of Amount Number of Amount ` unless shares / units ` Crore shares / units ` Crore otherwise specified Investment in Equity Instruments (fully paid-up unless specified) In Subsidiary Companies at cost Unquoted BSES Rajdhani Power Limited^ 10 530,400,000 530.40 530,400,000 530.40 BSES Yamuna Power Limited^ 10 283,556,000 283.56 283,559,995 283.56 BSES Kerala Power Limited^ 10 6,27,60,000 82.81 6,27,60,000 82.81 Reliance Power Transmission Limited 10 50,000 19.19 50,000 19.19 Parbati Koldam Transmission Company Limited^ 10 201,899,380 202.08 201,899,380 202.08 Mumbai Metro One Private Limited**** 10 353,280,000 761.48 353,280,000 761.45 Mumbai Metro Transport Private Limited 10 24,000 0.02 24,000 0.02 Delhi Airport Metro Express Private Limited 10 953,000 1.34 3,000 0.39 Tamil Nadu Industries Captive Power Company Limited 10 23,000,000 - 23,000,000 - (` 5.35 per share Paid up) Reliance Sea Link One Private Limited 10 10,000 0.77 10,000 0.77 PS Toll Road Private Limited^# 10 7,936 5.61 7,936 5.61 KM Toll Road Private Limited# 10 3,409,000 34.00 3,409,000 34.00 HK Toll Road Private Limited# 10 3,711,000 37.26 3,711,000 37.26 DA Toll Road Private Limited# 10 9,018,000 91.43 9,018,000 91.43 Nanded Airport Private Limited* 10 741,308 7.39 741,308 7.39 Baramati Airport Private Limited* 10 554,712 5.52 554,712 5.52 Latur Airport Private Limited* 10 215,287 2.13 215,287 2.13 Yavatmal Airport Private Limited* 10 87,107 0.85 87,107 0.85 Osmanabad Airport Private Limited* 10 207,120 2.05 207,120 2.05 Reliance Airport Developers Limited 10 4,655,742 46.50 7,139,665 71.31 CBD Tower Private Limited 10 169,490,260 169.49 169,490,260 169.49 Reliance Energy Trading Limited 10 2,000,000 2.00 2,000,000 2.00 Reliance Cement Corporation Private Limited 10 130,000 0.13 130,000 0.13 Reliance Electric Generation and Supply Limited 10 50,000 0.05 50,000 0.05 Utility Infrastructure & Works Private Limited 10 694,000 6.85 694,000 6.85 Reliance Defence Limited 10 50,000 0.05 50,000 0.05 Reliance Smart Cities Limited 10 50,000 0.05 50,000 0.05 Reliance E-Generation and Management Private Limited 10 10,000 0.01 10,000 0.01 Reliance Energy Limited 10 50,000 0.05 50,000 0.05 Reliance Property Developers Private Limited (Formerly known 10 10,000 0.01 10,000 0.01 as Reliance Infra Solution Private Limited) Western Transmission (Gujarat) Limited$$ 10 -- 50,000 0.05 112 Reliance Infrastructure Limited Notes annexed to and forming part of the Standalone Financial Statements the year ended March 31, 2018 would have been lower by ` 11.68 Crore and General Reserve would have been higher by an equivalent amount.