Tata Motors : Jaguar Land Rover Belux NV

F-cap 1

ANNUAL ACCOUNTS AND OTHER DOCUMENTS TO BE FILED IN

ACCORDANCE WITH THE BELGIAN COMPANIES AND ASSOCIATIONS

CODE

IDENTIFICATION DETAILS (at the filing date)

NAME: Jaguar Land Rover Belux NV

Legal form 1: Public limited company

N°.

47

Address: Generaal Lemanstraat

Town: Antwerp-2018

Postal code: 2018

Country:

Belgium

Register of legal persons - commercial court: Antwerp, division Antwerp

Website

2: www.jaguar.be

E-mail address 2:

Company registration number

0456.612.553

02-12-2013

DATE

of filing the most recent document mentioning the date of publication of

the deed

of incorporation and of the deed of amendment of the articles of association.

This filing concerns 3:

EURO

4

approved by the general meeting of

X

the ANNUAL ACCOUNTS in

20-06-2024

X

the OTHER DOCUMENTS

regarding

the financial year covering the period from

01-04-2023

to

31-03-2024

the preceding period of the annual accounts from

01-04-2022

to

31-03-2023

The amounts for the preceding period

are / are not5 identical to the ones previously published.

Total number of pages filed:

47

Numbers of the sections of the standard model form not filed

because they serve no useful purpose: 6.1, 6.2.1, 6.2.2, 6.2.3, 6.2.4, 6.2.5, 6.3.1, 6.3.4, 6.3.6, 6.4.1, 6.4.2, 6.5.1, 6.5.2, 6.17, 6.18.2, 6.20, 9,

11, 12, 13, 14, 15
Signature	Signature
(name and position)	(name and position)
Marcus Bienemann	Federico Palumbieri
Gedelegeerd bestuurder	Bestuurder

1. Where appropriate, "in liquidation" is stated after the legal form.
2. Optional mention.
3. Tick the appropriate box(es).
4. If necessary, change to currency in which the amounts are expressed.
5. Strike out what does not apply.

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N°. 0456.612.553

F-cap 2.1

LIST OF DIRECTORS, BUSINESS MANAGERS AND AUDITORS AND

DECLARATION REGARDING A COMPLIMENTARY REVIEW OR

CORRECTION ASSIGNMENT

LIST OF DIRECTORS, BUSINESS MANAGERS AND AUDITORS

COMPLETE LIST with surname, first names, profession, place of residence (address, number, postal code and town) and position within the company

Palumbieri Federico

Generaal Lemantraat 47, 2018 Antwerp-2018, Belgium

Mandate: Director, start: 06-06-2023, end: 01-06-2026

Bienemann Marcus

Lingedijk 15, 4002 XH Tiel, Netherlands

Mandate: Managing director, start: 06-06-2023, end: 01-06-2026

KPMG Bedrijfsrevisoren BV

0419.122.548

Luchthaven Brussel Nationaal 1, box bus K, 1930 Zaventem, Belgium

Membership number: IBR B00001

Mandate: Auditor, start: 06-06-2023, end: 01-06-2026

Represented by:

1 Boonen Mike

Luchthaven Brussel Nationaal 1 , box bus K 1930 Zaventem Belgium Bedrijfsrevisor

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N°. 0456.612.553

F-cap 2.2

DECLARATION REGARDING A COMPLIMENTARY REVIEW OR CORRECTION ASSIGNMENT

The managing board declares that not a single audit or correction assignment has been given to a person not authorized to do so by law, pursuant to article 5 of the law of 17 March 2019 concerning the professions of accountant and tax advisor.

The annual accounts were/ were not * audited or corrected by a certified accountant or by a company auditor who is not the statutory

auditor.

If affirmative, should be mentioned hereafter: surname, first names, profession and address of each certified accountant or company auditor and their membership number at their Institute, as well as the nature of their assignment:

1. Bookkeeping of the company **,
2. Preparing the annual accounts **,
3. Auditing the annual accounts and/or
4. Correcting the annual accounts.

If the tasks mentioned under A or B are executed by accountants or fiscal accountants, the following information can be mentioned hereafter: surname, first names, profession and address of each accountant or fiscal accountant and their membership number at the Institute of Accountants and Tax advisors, as well as the nature of their assignment.

Surname, first names, profession and address

Membership number

Nature of the

assignment

(A, B, C and/or D)

• Strike out what does not apply.
• Optional mention.

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N°. 0456.612.553

F-cap 3.1

ANNUAL ACCOUNTS

BALANCE SHEET AFTER APPROPRIATION

ASSETS	Notes	Codes		Period	Preceding period
6.1	20
FORMATION EXPENSES
FIXED ASSETS		21/28
	8.923.618	501.388
Intangible fixed assets	6.2	21	358.243	486.013
Tangible fixed assets	6.3	22/27
Land and buildings		22	73.951		84.161
Plant, machinery and equipment		23
Furniture and vehicles		24	53.681		77.687
Leasing and other similar rights		25	230.611		324.165
Other tangible fixed assets		26
Assets under construction and advance payments		27
Financial fixed assets	6.4 /	28	8.565.375	15.375
6.5.1
Affiliated Companies	6.15	280/1
Participating interests		280
Amounts receivable	6.15	281
Other companies linked by participating interests	282/3
Participating interests		282
Amounts receivable		283	8.565.375		15.375
Other financial fixed assets		284/8
Shares		284	8.565.375		15.375
Amounts receivable and cash guarantees		285/8

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N°. 0456.612.553

F-cap 3.1

	Notes	Codes		Period	Preceding period
CURRENT ASSETS		29/58	157.425.693	168.361.173
Amounts receivable after more than one year		29
Trade debtors		290
Other amounts receivable		291	16.851.106	26.769.215
Stocks and contracts in progress		3
Stocks		30/36	16.851.106		26.769.215
Raw materials and consumables		30/31
Work in progress		32
Finished goods		33	16.851.106		26.769.215
Goods purchased for resale		34
Immovable property intended for sale		35
Advance payments		36
Contracts in progress		37
Amounts receivable within one year		40/41	136.854.978	138.305.220
Trade debtors		40	14.381.951		21.991.296
Other amounts receivable	6.5.1 /	41	122.473.027		116.313.925
Current investments	50/53
6.6
Own shares		50
Other investments		51/53	3.282.896	2.935.964
Cash at bank and in hand	6.6	54/58
Accruals and deferred income	490/1	436.713	350.774
TOTAL ASSETS		20/58	166.349.311	168.862.562

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N°. 0456.612.553

F-cap 3.2

Notes

Codes

Period

Preceding period

EQUITY AND LIABILITIES
EQUITY		10/15
Contributions	6.7.1	10/11
Capital		10
Issued capital		100
Uncalled capital 6		101
Beyond capital		11
Share premium account		1100/10
Other		1109/19
Revaluation surpluses		12
Reserves		13
Reserves not available		130/1
Legal reserve		130
Reserves not available statutorily		1311
Purchase of own shares		1312
Financial support		1313
Other		1319
Untaxed reserves		132
Available reserves		133
Accumulated profits (losses)	(+)/(-)	14
Capital subsidies		15
Advance to shareholders on the distribution of net		19
assets 7
PROVISIONS AND DEFERRED TAXES		16
Provisions for liabilities and charges		160/5
Pensions and similar obligations		160
Taxes		161
Major repairs and maintenance		162
Environmental obligations		163
Other liabilities and charges	6.8	164/5
Deferred taxes		168

9.596.693

1.250.000

1.250.000

1.250.000

125.000

125.000

125.000

8.221.693

12.223.734

12.223.734

12.223.734

19.069.912

1.250.000

1.250.000

1.250.000

125.000

125.000

125.000

17.694.912

2.052.673

2.052.673

2.052.673

6 Amount to be deducted from the issued capital.

7 Amount to be deducted from the other components of equity.

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N°. 0456.612.553

F-cap 3.2

Notes Codes

Period

Preceding period

AMOUNTS PAYABLE		17/49	144.528.885	147.739.977
Amounts payable after more than one year	6.9	17
Financial debts		170/4
Subordinated loans		170
Unsubordinated debentures		171
Leasing and other similar obligations		172
Credit institutions		173
Other loans		174
Trade debts		175
Suppliers		1750
Bills of exchange payable		1751
Advance payments on contracts in progress		176
Other amounts payable	6.9	178/9	138.393.163	144.031.081
Amounts payable within one year	42/48
Current portion of amounts payable after more than		42
one year falling due within one year
Financial debts		43
Credit institutions		430/8
Other loans		439	120.962.345		124.700.545
Trade debts		44
Suppliers		440/4	120.962.345		124.700.545
Bills of exchange payable		441
Advance payments on contracts in progress	6.9	46	16.751.292		18.624.134
Taxes, remuneration and social security	45
Taxes		450/3	14.763.138		17.316.426
Remuneration and social security		454/9	1.988.154		1.307.708
Other amounts payable		47/48	679.526		706.402
Accruals and deferred income	6.9	492/3	6.135.722	3.708.896
TOTAL LIABILITIES		10/49	166.349.311	168.862.562

6 Amount to be deducted from the issued capital.

7 Amount to be deducted from the other components of equity.

7/47

N°. 0456.612.553

F-cap 4

PROFIT AND LOSS ACCOUNT

Operating income		Notes	Codes	Period	Preceding period
	6.10	70/76A	700.190.040	489.355.577
Turnover		70	687.658.108		479.642.704
Stocks of finished goods and work and contracts	(+)/(-)		71
in progress: increase (decrease)
Produced fixed assets		6.10	72	12.531.932		9.712.873
Other operating income		74
Non-recurring operating income		6.12	76A
Operating charges			60/66A	686.691.544	482.700.002
Goods for resale, raw materials and consumables			60	645.642.038		460.655.447
Purchases	(+)/(-)		600/8	635.956.105		473.637.266
Stocks: decrease (increase)		609	9.685.933		-12.981.819
Services and other goods	(+)/(-)	6.10	61	20.776.649		14.891.275
Remuneration, social security and pensions	62	8.546.859		7.018.299
Amortisations of and other amounts written down on
formation expenses, intangible and tangible fixed			630	134.383		172.155
assets
Amounts written down on stocks, contracts in progress	6.10	631/4	227.113		-149.592
and trade debtors: additions (write-backs)	(+)/(-)
Provisions for liabilities and charges: appropriations (uses	6.10	635/8	10.171.061		-47.347
and write-backs)	(+)/(-)
Other operating charges		6.10	640/8	1.048.460		52.928
Operating charges reported as assets under	(-)		649
restructuring costs	6.12	144.981		106.838
Non-recurring operating charges	(+)/(-)	66A
Operating profit (loss)		9901	13.498.496	6.655.574

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N°.	0456.612.553								F-cap 4
			Notes		Codes		Period		Preceding period
Financial income			75/76B		4.317.617		884.014
Recurring financial income			75		4.317.617		884.014
	Income from financial fixed assets			750		4.317.617		884.014
	Income from current assets	6.11		751
	Other financial income		752/9
Non-recurring financial income	6.12		76B		6.630.529		1.868.271
Financial charges	6.11		65/66B
Recurring financial charges			65		6.630.529		1.868.271
	Debt charges			650		6.621.915		1.859.147
	Amounts written down on current assets other than
	stocks, contracts in progress and trade debtors:	(+)/(-)		651
	additions (write-backs)			8.614		9.124
	Other financial charges	6.12		652/9
Non-recurring financial charges		66B
Profit (Loss) for the period before taxes	(+)/(-)		9903		11.185.585		5.671.318
Transfer from deferred taxes			780
Transfer to deferred taxes	(+)/(-) 6.13		680
Income taxes on the result		67/77		3.158.804		1.343.654
Taxes			670/3		3.158.804		1.600.000
Adjustment of income taxes and write-back of tax			77		0		256.346
provisions	(+)/(-)
Profit (Loss) of the period		9904		8.026.781		4.327.664
Transfer from untaxed reserves			789
Transfer to untaxed reserves			689
Profit (Loss) of the period available for appropriation	(+)/(-)		9905		8.026.781		4.327.664

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N°. 0456.612.553

F-cap 5

APPROPRIATION ACCOUNT

Profit (Loss) to be appropriated		Codes	Period	Preceding period
(+)/(-)	9906	25.721.693	17.694.912
Profit (Loss) of the period available for appropriation	(+)/(-)	(9905)	8.026.781	4.327.664
Profit (Loss) of the preceding period brought forward	(+)/(-)	14P	17.694.912	13.367.248
Transfers from equity		791/2
from contributions		791
from reserves		792
Appropriations to equity		691/2
to contributions		691
to legal reserve		6920
to other reserves	(+)/(-)	6921	8.221.693	17.694.912
Profit (loss) to be carried forward	(14)
Shareholders' contribution in respect of losses		794	17.500.000
Profit to be distributed		694/7
Compensation for contributions		694	17.500.000
Directors or managers		695
Employees		696
Other beneficiaries		697

10/47