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ITC Limited

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ITC Limited REPORTANDACCOUNTS2015ITC The Making of a National ChampionBoard of Directors and Committees 01Report on Corporate Governance 12Shareholder Information 26 Report of the Board of Directors & Management Discussion and Analysis 36 Certificate of Compliance from Auditors 108 CEO and CFO Certification 109 Balance Sheet 110 Statement of Profit and Loss 111 Cash Flow Statement 112 Notes to the Financial Statements 114 Report of the Auditors 156 Guide to Subsidiaries, Joint Ventures & Associates 160 Salient Features of the Financial Statements ofSubsidiaries, Joint Ventures & Associates (AOC -1) 163Consolidated Financial Statements 167 Ten Years at a Glance 220 Financial HighlightsBusiness Responsibility Report I-XVI Creating E

Creating Multiple Drivers of Growth for the Economy. ITC’s diversified portfolio of businesses, spanning FMCG, Paperboards & Packaging, Agri Business,

  Limited, Itc limited

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