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8/13/2019 Tr Mgmt Seminar Ppt
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Treasury Manager function in
Infrastructure sector
Asset liability management
Cash management Investments
Forex management
Risk managementmarket risk, liquidity risk
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Investments
Current investments
G-Secs, T-bills (91, 182, 364 days)
Short term FDs (34D, 276D, 365D)UBI, Andhra bank, Indian bank
Equity instruments
Mutual funds
Non-current investments
Government or trust securities
Housing & infrastructure bondsNHB, PFC, REC, IDFC,
Corporate bondsFCI, SBI, Tata Steel, MRF
preference securities
Fixed depositsSBT, Canara bank, Corporate bank Associates and subsidiaries
Equity of BSE 200 companies
Long term loans and advances
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Non-current investments 1,01,104.76 3.05%
Investment property 3432 3.34%
Investment in equity 25325 25%
In associates 35381 35%
In housing & infra bonds 6889 6.80%
In debentures 12929 12.70%
In corporate bonds 3467 3.40%
In Government Sec 14040 13.88%
Current investments 32,265.82 1.02%
Investment in equity 365 1.10%
Investment in mutual funds 28706 89%
In T-Bills 994 3.08%
In housing & infra bonds 1185 3.70%
In Fixed Deposits 790 2.40%
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Asset liability Management
Current assets - % of total assets
Cash and bank balances -
Inventories - % of total assets
Land, plots, Construction and development
materials80 % of total inventory
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Cash management
Significant chunk of idle cash is invested in
fixed income instruments
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FOREX MANAGEMENT
The Group uses forward contracts and swaps to hedgeits risks associated with fluctuations in foreign currencyand interest rates. The use of Forward contracts andSwaps is covered by Groups overall strategy. The
Group does not use forward covers and swaps forspeculative purposes.
As per the strategy of the Group, foreign currencyloans are covered by comprehensive hedge,considering the risks associated with the hedging of
such loans, which effectively fixes the principal andinterest liability of such loans and further there is noadditional risk involved post hedging of these loans.
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FOREX MANAGEMENT
Forward contracts & Swaps to hedge its risk.
The use of Forward contracts and Swaps is
covered by Groups overall strategy.
foreign currency loans are covered by
comprehensive hedge, which effectively fixes
the principal and interest liability of such
loans.
Responsible for investment of forex surpluses.
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Real estate Operating cycle
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Risk management
Liquidity risk mitigated by investments having
different maturity periods across three
different time horizonsshort term,
intermediate term and long term
Market risk countered by diversifying
investments across asset classes