Form AOC 1 - Tata Consumer Products

[Pages:3]Consolidated

Form AOC 1

312

Tata Consumer Products Limited

Form AOC 1- Statement containing salient features of the financial statement of subsidiaries / associates / joint ventures ( Pursuant to Section 129(3) of the Companies Act , 2013)

Part "A" : Subsidiaries

SL Name of the Subsidiary No

1 Tata Consumer Products UK Group Ltd. (Formerly Tata Global Beverages Group Ltd.)

2 Tata Global Beverages Holdings Ltd. (Dormant)

3 Tata Global Beverages Services Ltd. (Dormant)

4 Tata Consumer Products GB Ltd. (Formerly Tata Global Beverages GB Ltd.)

5 Tata Consumer Products Overseas Holdings Ltd. (Formerly Tata Global Beverages Overseas Holdings Ltd.)

6 Tata Global Beverages Overseas Ltd. (Dormant)

7 Lyons Tetley Limted (Dormant) 8 Drassington Ltd. (Dormant) 9 Teapigs Ltd. 10 Teapigs US LLC 11 Stansand Ltd. (Dormant) 12 Stansand Brokers Ltd. (Dormant) 13 Stansand (Africa) Ltd. 14 Stansand (Central Africa) Ltd. 15 Tata Consumer Products Polska.sp.zo.o

(Formerly Tata Global Beverages Polska.sp.zo.o) 16 Tata Consumer Products US Holdings Inc. (Formerly Tata Global Beverages US Holdings Inc.) 17 Tetley USA Inc. 18 Tata Waters LLC 19 Good Earth Corporation

Date of acquisition/ incorporation

Reporting Currency

Exchange rate as on last day of relevant financial year (Refer Note 3)

Rs

03.09.1999

GBP

100.78

10.03.2000 10.03.2000 10.03.2000

GBP

100.78

GBP

100.78

GBP

100.78

10.03.2000

GBP

100.78

10.03.2000

GBP

100.78

10.03.2000

GBP

100.78

31.10.2003

GBP

100.78

15.04.2005

GBP

100.78

27.08.2013

USD

73.10

10.03.2000

GBP

100.78

10.03.2000

GBP

100.78

10.03.2000

KES

0.67

10.03.2000

MWK

0.09

10.03.2000

PLN

18.44

10.03.2000

USD

73.10

10.03.2000

USD

73.10

18.08.2016

USD

73.10

13.10.2005

USD

73.10

Share Capital

Reserves and

Surplus

Rs in Crores

2369.13

Rs in Crores

3765.00

-

-

-

-

0.00 2395.44

- (149.86)

0.00 (19.64)

0.20 19.71 10.08 0.00 0.05 0.32 0.03 0.00 136.22

0.00 (19.71) 79.09 (7.53)

0.00 0.00 20.54 2.12 (124.70)

489.82 (65.06)

997.91 -

(735.97) (3.86) (9.63)

Total Assets

Total Investments Turnover Liabilities

Profit / (Loss) before Taxation

Provision for

Taxation

Profit / (Loss) after Taxation

Proposed Dividend

% of

Average

Shareholding yearly

(Refer Note 2) rates for

P&L items

translation

Rs in Crores

7047.64

Rs in Crores

913.51

Rs in Crores

5115.45

Rs in Crores

-

Rs in Crores

19.60

Rs in Crores

5.18

Rs in Crores

24.78

Rs in Crores

-

%

Rs

89.10 96.74

-

-

-

-

2836.99 441.55

-

-

-

-

-

-

-

-

-

-

10.08 1352.73 189.55 (41.79) 147.76

-

100.00 96.74

-

100.00 96.74

-

100.00 96.74

641.55 791.41

132.39

0.00 (89.37)

5.82 (83.55)

-

100.00 96.74

43.32

62.96

0.20

0.00

-

-

114.97

25.80

8.44

15.97

0.05

0.00

0.32

0.00

51.78 31.21

4.49

2.37

27.69 16.17

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

- 127.29

12.83

(2.55)

10.28

- 23.04

1.21

-

1.21

-

-

-

-

-

-

-

-

-

-

- 155.57

5.14

(1.47)

3.67

- 57.16

1.06 (0.34)

0.72

- 49.51

1.50 (0.64)

0.86

-

100.00 96.74

-

100.00

96.74

-

100.00

96.74

-

100.00

96.74

-

100.00

74.31

-

100.00

96.74

-

100.00

96.74

-

100.00

0.69

-

100.00

0.10

-

100.00

19.22

666.44 241.68

659.93

- (3.15)

-

(3.15)

-

100.00

74.31

280.30 18.36

0.05

3.91

0.21

9.84

- 131.37

-

0.01

-

-

49.66 (0.75) (0.31)

-

49.66

-

(0.75)

- (0.31)

-

100.00

74.31

-

100.00

74.31

-

100.00 74.31

SL Name of the Subsidiary No

Date of acquisition/ incorporation

Reporting Currency

Exchange rate as on last day of relevant financial year (Refer Note 3)

Share Capital

Reserves and

Surplus

Total Assets

Total Investments Turnover Liabilities

Profit / (Loss) before Taxation

Provision for

Taxation

Profit / (Loss) after Taxation

Proposed Dividend

% of

Average

Shareholding yearly

(Refer Note 2) rates for

P&L items

translation

Rs

Rs in

Rs in

Rs in

Rs in

Crores Crores Crores Crores

Rs in Crores

Rs in Crores

Rs in Crores

Rs in Crores

Rs in Crores

Rs in Crores

%

Rs

20 Good Earth Teas Inc.

13.10.2005

USD

73.10 132.25 (210.78)

37.62 116.15

-

57.72 (21.46)

- (21.46)

-

100.00 74.31

21 Tata Consumer Products Canada Inc.

10.03.2000

CAD

58.08

8.71

14.54 160.42 137.17

(Formerly Tata Global Beverages

Canada Inc.)

- 373.83

11.03

(2.97)

8.06

-

100.00 55.81

22 Tata Consumer Products Australia Pty.

10.03.2000

AUD

55.74

65.77 (41.19)

61.11

36.53

Ltd. (Formerly Tata Global Beverages

Australia Pty. Ltd.)

- 114.17

2.37 (0.71)

1.66

-

100.00 52.84

23 Earth Rules Pty. Ltd.

30.04.2015

AUD

55.74 149.59 (157.03)

0.28

7.72

-

14.79

(7.48)

- (7.48)

-

100.00 52.84

24 Tata Global Beverages Investment Ltd.

12.09.2006

GBP

100.78

-

-

-

-

(Dormant)

-

-

-

-

-

-

100.00 96.74

25 Campestres Holdings Ltd. (Refer Note

03.02.2009

USD

73.10

0.02

(0.02)

-

-

7)

-

-

1.26

-

1.26

-

100.00 74.31

26 Kahutara Holdings Ltd. (Refer Note 7)

25.03.2009

USD

73.10

0.15

(0.15)

-

-

-

- 215.36

- 215.36

-

100.00 74.31

27 Suntyco Holdings Ltd. (Refer Note 7)

01.09.2009

USD

73.10

0.50 (0.50)

-

-

-

-

65.43

- 65.43

-

100.00 74.31

28 Onomento Co Ltd.

01.09.2009

USD

73.10

0.05

14.54

14.86

0.27

-

3.49

0.09

(0.18)

(0.09)

-

100.00 74.31

29 Tata Consumer Products Capital Ltd. (Formerly Tata Global Beverages Capital Ltd.)

12.09.2006

GBP

100.78 903.08 (21.77) 1648.21 766.90 1631.37

- (12.48)

3.56 (8.92)

-

100.00 96.74

30 Tata Coffee Ltd.

21.11.1990

INR

1.00

18.68 1072.68 1349.12 257.76

260.76 736.64 118.59 (17.79) 100.80

28.02

57.48

1.00

31 Tata Coffee Vietnam Company Ltd.

28.03.2017

USD

73.10 91.38 (27.06) 522.24 457.92

- 227.78

0.50

-

0.50

-

100.00 74.31

32 Consolidated Coffee Inc.

10.07.2006

USD

73.10 437.90

1.13 440.24

1.21

437.90

-

89.17

- 89.17

-

100.00 74.31

33 Eight O'Clock Holdings Inc.

31.07.2006

USD

73.10 437.90 (0.52) 438.20

0.82

437.90

-

89.17

- 89.17

-

100.00 74.31

34 Eight O'Clock Coffee Company

31.07.2006

USD

73.10 437.90 291.87 1732.48 1002.71

- 1289.33 195.73 (49.85) 145.88

-

100.00 74.31

Financial Statements 313

35 Tata Tea Extractions Inc.

29.05.1987

USD

73.10 102.35 298.34 424.31

23.62

318.55 122.62

22.05

(5.39)

16.66

-

100.00

74.31

36 NourishCo Beverages Ltd.

18.05.2020

INR

1.00 213.00 (174.54)

81.62

43.16

- 187.98

5.37

13.03

18.40

-

100.00

1.00

37 Tata Consumer Soulfull Private Ltd.

17.02.2021

INR

(Formerly Kottaram Agro Foods Private

Ltd.)

1.00

0.76

35.15

49.52

13.61

- 24.09 (10.72)

- (10.72)

-

100.00

1.00

38 Tata Tea Holdings Private Ltd.

19.03.2009

INR

1.00

0.05

(0.07)

0.01

0.03

-

- (0.00)

- (0.00)

-

100.00

1.00

Note: 1 Statutory year ends for all subsidiaries are 31.03.2021. 2 % of shareholding is based on voting power held by the Group. 3 Balance Sheet items have been translated at the exchange rate as on the last day of relevant financial year. 4 The numbers reported above are based on individual annual financial statements prepared under local GAAP. 5 NourishCo Beverages Ltd. converted to subsidiary w.e.f May 18, 2020. 6 During the year, Empirical Group LLC was disposed and Coffee Trade was liquidated, hence are not part of the above list. 7 During the financial year, Tata Consumer Products UK Group Limited (TCPG), the Group's UK based subsidiary and intermediate holding company, restructured Campestres Holdings Limited, Kahutara Holding Limited and Suntyco Holdings Limited, all 100%

subsidiaries by transferring the net assets to TCPG. The purpose of the restructure is to simplify the legal structure and reduce the number of step down subsidiaries.

Tata Consumer Products Limited

Consolidated 314

Tata Consumer Products Limited

Statement pursuant to Section 129 (3) of the Companies Act,2013 related to Associate Companies and Joint Ventures Part "B" : Associates and Joint Ventures

Sl No. Name of Associates/ Joint Ventures

Amalgamated Plantation Pvt.

Ltd.

Associate

1

Latest audited Balance Sheet Date

31.03.2021

2

Date of acquisition/ incorporation

17.04.2009

3

Shares of Associate /Joint Ventures held by the company

on the year-end

Equity Shares

i) Number

61024400

ii) Amount of Investment in Associates/Joint Venture (Rs. in Crores)

71.10#

iii) Extent of Holdings

41.03%

Preference Shares

i) Number

67000000

ii) Amount of Investment in Associates/Joint Venture (Rs. in Crores)

53.22 @

4

Description of how there is significant influence

Shareholding

5

Reason why the associate/joint venture is not

consolidated

6

Networth attributable to Shareholding as per latest

audited Balance Sheet (Rs in Crores)

7

Profit / (Loss) for the year*

i) Considered in Consolidated** (Rs in Crores)

ii) Not Considered in Consolidated (Rs in Crores)

Not Applicable 16.14

5.95 -

Kanan Devan Hill Plantation Company Pvt.

Ltd.

Associate

31.03.2021

06.07.2005

TRIL Constructions

Ltd.

Associate 31.03.2021 20.07.2013

Tetley Clover (Pvt.) Ltd. ^

Joint Venture 28.02.2019 25.07.2003

Tetley ACI (Bangladesh)

Ltd.

Joint Venture 30.06.2020 17.11.2002

Joekels Tea Packers

(Proprietary) Ltd.

Joint Venture

31.03.2021

04.10.2006

Southern Tea, LLC $

Joint Venture 31.12.2020 19.09.2002

NourishCo Beverages

Ltd. &

Tata Starbucks Private Ltd.

Joint Venture 31.03.2021 14.03.2011

Joint Venture 31.03.2021 03.01.2012

3976563 12.33

28.52%

11748148 11.75

32.50%

44000000 30.98

50%

3250000 27.36

50%

62 25.95

51.70%

-

66751852

3000000

-

-

-

66.75

2.59

-

-

Shareholding Shareholding Joint Venture Joint Venture Joint Venture Agreement Agreement Agreement

Not Applicable Not Applicable Not Applicable Not Applicable Not Applicable

29.30

40.21

0.08

(1.03)

24.05

7.31

(7.90)

0.00

0.13

12.60

-

-

-

-

-

(3.44) -

386300000 386.30

50%

-

Joint Venture Agreement

Not Applicable

147.62

(1.00)

(66.80)

-

-

Associate Companies and Joint Ventures have been determined based on the Accounting Standards. * Profit/(Loss) based on individual Financial Statements drawn up as at 31.03.2021, for consolidation purposes. ** Represents Group's share of profit/(loss) # measured as per Ind AS @ redeemable preference shares, measured as per Ind AS ^ Under liquidation $ Southern Tea LLC was disposed on March 31,2021 & NourishCo Beverages Ltd. converted to subsidiary w.e.f May 18,2020. # measured as per Ind AS @ redeemable preference shares, measured as per Ind AS

For and on behalf of the Board

N. Chandrasekaran Chairman (DIN 00121863)

S. Santhanakrishnan Director (DIN 00032049)

Sunil D'Souza Managing Director & CEO (DIN: 07194259)

L. KrishnaKumar Executive Director (DIN 00423616)

John Jacob Chief Financial Officer

Neelabja Chakrabarty Company Secretary

Mumbai, May 06, 2021

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