financial results for the quarter
and nine months ended 31st December,
2000 represent the results of the
merged entity consequent upon the
Amalgamation of The Andhra Valley
Power Supply Co. Ltd. and The Tata
Hydro-Electric Power Supply Co. Ltd.
with the Company whereas the financial
results for the quarter and nine months
ended 31st December, 1999 and the
year ended 31st March, 2000 represent
the results of The Tata Power Co.
Ltd. (without amalgamation) and hence
are not comparable.
Amalgamation has been accounted for
under the "Pooling of interest
method" according to the Accounting
Standard 14 issued by the Institute
of Chartered Accountants of India.
income includes dividend income that
has been considered on a pro-rata
Company has acquired Tata Petrodyne
Ltd. for a consideration of Rs.145
crores from Tata Industries Ltd.
upon the Amalgamation, Chemical Terminal
Trombay Ltd. has become a subsidiary
of the Company.
paid up Equity Share Capital of the
merged Company after cancellation
of the cross holdings is Rs. 197.91
quarterly results are not representative
of the results for the whole year.
above results were taken on record
by the Board of Directors at its meeting
held on 29th January, 2001.