Professional Documents
Culture Documents
SHAREHOLDERS' FUNDS
Capital
Reserves and Surplus
LOAN FUNDS
Secured Loans
Unsecured Loans
DEFERRED TAX (Note 19 on Schedule 23)
Deferred Tax Liabilities
Deferred Tax Assets
Total
APPLICATION OF FUNDS
FIXED ASSETS
Gross Block
Less: Depreciation
SCHEDULES
1
2
3
4
Capital Work-In-Progress
INVESTMENTS
CURRENT ASSETS, LOANS AND ADVANCES
Inventories
Sundry Debtors
Cash and Bank Balances
Other Current Assets
Loans and Advances
6
7
8
9
10
11
12
13
14
22
23
AS AT 31.03.07
AS AT 31.03.08
AS AT 31.03.09
1,445
68,620
70,065
1,445
82,709
84,154
1,445
94,208
804
5,901
6,705
1
9,001
9,002
119
7,469
2,822
-1,110
62,102
-35,106
26,996
2,416
7,241
7,767
14,374
384
9,290
39,056
1,712
78,482
29,412
35,146
29,766
20,477
4,655
25,132
2,697
-996
72,853
-39,888
32,965
7,363
10,380
6,555
3,240
331
10,403
30,909
1,701
94,857
40,328
51,807
20,506
24,492
3,695
28,187
13,924
78,482
2,389
-791
89,041
-46,878
42,163
8,674
9,213
9,788
19,868
988
16,548
56,405
31,620
3,555
35,175
2,722
94,857
AS AT 31.03.09
AS AT 31.03.10
AS AT 31.03.11
95,653
1,445
120,381
121,826
1,445
141,643
143,088
7,588
362
8,693
9,055
426
4,115
4,541
1,598
104,839
50,837
32,772
39,857
2,299
-838
106,085
-54,372
51,713
3,922
12,276
8,494
1,627
883
15,952
39,232
1,461
132,342
55,635
73,968
23,280
30,260
6,233
36,493
21,230
104,839
2,600
-870
119,526
-62,808
56,718
14,987
14,384
9,502
25,281
1,700
14,037
64,904
1,730
149,359
71,705
54,392
50,867
36,466
5,176
41,642
2,739
132,342
23,262
149,359
SCHEDULE
INCOME
Gross Sales
15
less: Excise Duty
Net Sales
Income from Services [Net of expenses Rs 208 million (previous year Rs 705 million)]
Other Income
16
Total
EXPENDITURE
Consumption of Raw Materials and Components (Note 4 on Schedule 23)
Purchase of Traded Goods
Consumption of Stores
Employees Remuneration and Benefits
17
Manufacturing, Administrative and Other Expenses
18
Selling and Distribution Expenses
19
Total
Less: Vehicles/ Dies for Own Use
Add : (Increase) /Decrease to Work-in-progress and Finished Goods
21
and Spare Parts
Total
Earnings before interest, depreciation, tax and amortizations (EBIDTA)
Interest
20
Depreciation (Note 24 on Schedule 23)
5
Profit before Tax
Less : Tax Expense - Current Tax
- Deferred Tax (Note 19 on Schedule 23 )
Fringe Benefit Tax
Previous Years
Consoliated Profit after Tax
Share of Profit in respect of Investment in Associates
Profit after Tax
Add: Brought forward from previous year's accounts
Less: Loss of Maruti Suzuki Automobile India Limited adjusted on amalgamation
Less: Impact of transition adjustment for 'Employee Benefit'
Profit available for appropriation
Less: Appropriation :
Debenture Redemption Reserve
General Reserve
Proposed Dividend
Corporate Dividend Tax
Balance carried forward to Balance Sheet
Basic/Diluted Earnings Per Share (in Rupees) (Note 18 on Schedule 23)
SIGNIFICANT ACCOUNTING POLICIES
22
NOTES TO ACCOUNTS
23
172,935
25,718
147,217
667
7,010
154,894
102,435
6,224
1,097
2,965
8,990
5,010
126,721
143
1,994
128,572
26,322
404
2,755
3,159
23,163
6,184
903
69
124
15,883
15,883
45,107
25
4
60,961
17
1,562
1,300
219
57,863
54.98
211,333
31,125
180,208
833
9,363
190,404
233,076
27,497
205,579
1,043
11,148
217,770
321,805
28,777
293,028
2,887
10,344
306,259
131,694
7,821
1,470
3,644
10,923
6,135
161,687
198
-2,909
158,580
31,824
625
5,727
6,352
25,472
7,657
32
100
89
17,594
305
17,899
57,863
75,762
152,274
7,323
1,982
4,813
16,024
8,044
190,460
223
2,810
193,047
24,723
545
7,165
7,710
17,013
4,754
-114
97 -
217,725
9,124
2,454
5,605
18,141
9,990
263,039
296
-1,941
260,802
45,457
374
8,414
8,788
36,669
11,455
-236
12,317
-43
12,274
72,338
25,450
797
26,247
82,210
84,612
108,457
1,219
1,011
172
82,210
42.48
2,498
1,733
288
103,938
90.85
1,731
1,445
248
72,338
61.95
23,071
753
23,824
103,938
127,762
2,289
2,167
351
122,955
82.46
2007
2008
2009
2010
2011
Liquidity Ratios
1 Current Ratio
1.453631 0.837253
2 Quick ratio
0.746398
-0.01037 0.677767
-0.04204 0.606017
0.053714
-0.01886
-0.02169 0.035168
3 Cash ratio
Profitability ratio
1 Operating income to sales
0.178797 0.176596
0.03534
2 Return on assets
3 Return on equity
40.0436
0.895678 0.900967
6 RONA
7 ROCE
Activity Ratio
1 Total asset turnover
Leverage Ratios
1 Debt Ratio
65.15347
0.011743
7 Equity multiplier
8 Time-interest-coverage ratio
50.9184
1.4E-05
50.9184
3.39217 2.997526
0.58505
65.6519
94.5391
The standard ratio for Current ratio is 2:1. hence,In 2007 ratio is 1.4:1 which mean C.A is better than C.L, whereas In 2008 0.8
Since 2007-2011 The ratio is below than 1, which means liquidity of assets is not so good in comparision to liabilities.
.L, whereas In 2008 0.8:1 reflects that C.A is weaker than C.L. Again In 2009 ratio is 1.2:1, which means C.A is better than C.L . Now again
on to liabilities.
C.A is better than C.L . Now again In 2010 ratio is 0.7:1 Which means C.A weaker than C.L. In 2011 ratio is 1.4:1 Which mean C.A is better t