The year 2014-15 was not a good year for Tata Motors. It incurred a loss of 24,739 cr. Explain the impact of the loss on the balance sheet. How is the loss funded by the company? [Hint: Losses can be funded by way of selling assets or borrowing or raising additional equity capital or a combination of all three ways.] Tata Motors Ltd. 2015 2014 Tata Motors Ltd. 2015 2014 EQUITIES AND LIABILITIES ASSETS Shareholder's funds Non-current assets Equity share capital 644 644 Tangible assets 12,261 12.134 Revaluation reserves 23 23 Intangible assets 3,523 3,107 Reserves and surplus 14,196 18,510 Capital work-in-progress 1,350 1,717 Total shareholders' funds 14,863 19,177 Intangible assets under development 4,691 4,638 Fixed assets 21,824 21,596 NON-CURRENT LIABILITIES Long-term borrowings 12,319 9,746 Non-current investments 16,967 18,358 Deferred tax labilities [Net] 43 Long-term loans and advances 2,404 2,918 Other long-term liabilities 287 1,155 Other non-current assets 176 124 Long-term provisions 2,104 815 Non-current liabilities 14,710 11,760 Non-current assets 41,370 42,995

tit Financial Stat (Continued)