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Ratioanalysisprojctofsugar 120206053302 Phpapp02
Ratioanalysisprojctofsugar 120206053302 Phpapp02
K LTD
SL.NO
CONTE NTS
PART I
EXECUTIVE SUMMARY
PART II
INDUSTRY PROFILE
PART III
INTRODUCTION OF COMPANY
PART IV
RESEARCH METHDOLOGY
OBJECTIVES OF THE STUDY
PART V
FINDINGS
SUGGESTIONS &
CONCLUSIONS.
A NNEX URE
9
FINANCIAL STATEMENT.
BIBILOGROPHY.
TABLE INDEX
BASAVESWAR ENGNEERING COLLEGE BAGALKOTPage 1
PAGE
NO.
INDUSTRIAL PROFILE
ABOUT THE SUGAR INDUSTRY IN INDIA:India has been known as the original home of sugar &
sugar cane. Indian Mythology supports the above facts ass it
contains legends showing the origin of sugarcane
India is the
during the same period in created form 1.20 lakh tonnes to 9.34
lakh tonnes under the dynamic leadership of private sector.
The area of planning for industrial
development began in 1950-51 & Government laid down targets of
sugar production & consumption, licensed & installed capacity,
Sugarcane production during each of Five year plan periods.
Shri Halasidhnath
The Primary data has been collected from Personal Interaction with
Finance manager Mrs.S.M.Siragave and other staff members.
Secondary data:
The major source of data for this project was collected through
Balance sheet of SSHSKL
Profit and loss account of 5 year period from 2005-2009
SAMPLING DESIGN
Sampling unit
: Financial Statements.
Sampling Size
Findings
Gross profit and net profits are decreased during the period
of study, which indicates that firms inefficient management
in manufacturing and trading operations.
Gross profit and net profits are increased during the period
of 2004-05 which indicates that firms efficient management
in manufacturing and trading operations.
Liquidity ratio of the firm is not better liquidity position in
over the five years. It shows that the firm had not sufficient
liquid assets.
The inventory of the firm in the first year has been sold very
slow. And there is an increase in the movement of the
inventories but it slightly decreased in the last year. This may
be a sign not good to the firm.
current
assets
turnover
The
cost
of
manufacturing
SUGGESTIONS
The profit Of the Company Is not in a good Position For That
company has to Take Alternative Actions such As
Increasing in Procurement in sugarcane ,
Production,
and
Control
in
Expenses
Like,
CONCLUSION
This project of Ratio analysis in the production concern is not
merely a work of the project. But a brief knowledge and experience
of that how to analyze the financial performance of the firm. The
study undertaken has brought in to the light of the following
Have
been incurring loss during the period of study. So the firm should
focus on getting of profits in the coming years by taking care
internal as well as external factors. And with regard to resources,
the firm is take utilization of the assets properly. And also the firm
has a maintained low inventory.
INTRODUCTION OF CONCEPTS
India is developing country in which more than 70%
population is dependent upon agriculture. In India Wheat, Cotton,
Rice, Tobacco & Sugarcane are the some main crops. But the sugar
cane is one of the important agricultural productions. And or by
using the sugar We produce sugar. Which is very important item of
daily meals? Sugar is mainly used for tea, Coffee and so many food
products. It is also important raw material for bakery industry. The
Sugar is produced by so many co-operative and also private
factories. The first scheme of sugar factory in co-operative society
has been introduced byMr.G.N. Sahastrabudhe & R.N. Hiremath in
1912. But first Co-operative sugar factory started in 1918, by the
Lallubhai Samaldas & G. N. Sahastrabudhe in baramati. But due to
Lake Of sugar Cane the factory stopped its working in 1924.
After that, in co-operative field, under the guidance of
Vilnalirao
patil,
Dr
Dhanjay
Gudgil
Tried
to
start
second
INDUSTRIAL PROFILE
ABOUT THE SUGAR INDUSTRY IN INDIA:India has been known as the original home of sugar &
sugar cane.indian Mythology supports the above facts as it
contains legends showing the origin of sugarcane
India is the
two sectors are completely free form controls & taxes which are
applicable to sugar sector.
The advent of the modern sugar processing
industry in India began 1930 with
outside its control. The length of the crushing season also depends
upon location with the maximum being in south Indian. sugarcane
in India is used to make either sugar, Khandsari or gur . However
sugar products produced are divided into four
basic categories;
Address
Year of Establishment
APRIL-1981.
JANUARY-1983.
Register Number
DSK/REG-2/80-81.
Register Date
22-04-1981.
Phone Number
FAX Number
(08338)221315
nagar,
is the
support pillar to the sugar cane producer farmes in the Nipani area.
The karkhana wa
Shri.Rajiv Gandhi who was the prime minister of India in that time.
The Karkha started its regular working on 30-9-1989. The delay
was due to the changing political conditions in Karnataka state.
The Karkhana developed a very good rapport with the farmers in
this area and worked for their progress . So, the karkhana is
BASAVESWAR ENGNEERING COLLEGE BAGALKOTPage 14
operating
in
entire
Chikkodi
taluka
andAlur,Bhairapur,Kanagala,Shippur,Karajaga,Rashing,Bad,Nangnur,
Mattiwade,Hitani,Shekinhasur,Konankeri,
ges in Hukkeri taluka.
OBJECTIVES AND FUNCTIONS:The principle object of the karkhana will be to promote the
interests of all its members to attain their social and
economic betterment through self help and mutual aid in
accordance with the co-operative principles.
To prepare and implement the programme for harvesting and
transportation of sugarcane on behalf of the members from
their field to factory in supply of sugarcane to factory for
crushing and to avoid probable losses of sugar in cane.
To manufacture sugar, Jaggery and its allied by products
from the sugarcane supplied by the members and other and
to sale these products at good price.
To install the factory for manufacture sugar on large scale
basis and to take all necessary steps to run it efficiently
BASAVESWAR ENGNEERING COLLEGE BAGALKOTPage 15
PRODUCT PROFILE
Shri Halasidhanath Sahakar Sakhari Karakhana Ltd established for
the purpose of sugar while producing the sugar some raw juice
and raw bagasses become molasses and some other by-product.
The Shri Halasidhanath Sahakar Sakhari
Karakhana Ltd is producing following product
1) Sugar
A) Medium-30
B) Small-30
C) Levy
2) Molasses
3) Compost
4) Bagasses
AREA OF OPREATION
The Shri Halasidhanath Sahakar Sakhari Karakhana Ltd has wide
range of area of operation for continuous and regular flow of sugar
cane from different authorized area within the 80 kms. Around the
spot of plant includes some region of two states from Maharashtra
and Karanataka under.
SR.NO
NAME
OF DISTRICT
NUMBER
TALUKA
1
Chikodi
Belgaum
43
Hukkeri
Belgaum
05
Raibag
Belgaum
04
Belgaum
Belgaum
01
Jamkhandi
Baglkot
01
Athani
Belgaum
05
Kagal
Kholapur
09
TOTAL
68
OWNERSHIP PATTERN
Shri Halasidhanath Sahakar Sakhari Karakhana Ltd established in
the year 1981 at Hala sugar gram of chikodi Taluka. It was resolved
to collect the share of established this sugar factory in co-operative
basis. Let the late Baburao B patil Budhialkar and other social
workers and leader working in co-operative sector also come
forward to assist team in
the
Shri. D.A.Chougale
Managing
Director
Chairman
Vice- Chairman
Director
Director
Director
Director
Director
Director
Director
Director
Director
Director
State
Agro
Industrias
Co-operation,
Bangalor.
C Class involves the state government of karnakata.
The above said members born their share as share capital
as
Sr
Member class
No of Shares
No
1
Share
capital
A Grower
15,924
B co-operative society
613.52
Non-Grower
Government
3065
of
Karanataka
Total
60.06
375.82
18990
1049.40
COMPETITORS INFORMATION
The main competitors are as follows
Doodh Ganga Shakari Sakhare Karkhane, Ltd
Crashing capacity-5500 TCD
Recovery -11.5%
Sugar production -10000 Qtls (per day).
INFRASTRUCTURAL FACILITY
CATEEN
The management provides multi-purpose cooking range,
utensils, working capital, and
building
expenditure
towards
purchase
of
furniture.
Actual
the
production department are entitled for Tea free at cost while they
are on duty.
TRNSPORTATION
Up to 40 km. three transportation facilities is provided
to farmers rate structure of vehicles as per kilometres
Sr.
KM
No
Rate
per Sr No
KM
km
Rate
per km
45.56
11
55
156.77
10
57.76
12
60
166.83
15
73.12
13
65
174.02
20
86.34
14
70
183.80
25
98.16
15
75
192.75
30
106.30
16
80
199.12
35
117.45
17
85
209.24
WATER
It is established the river Vedganga. there is
sufficient supply of water required for production process.
POWER
There is provision electricity from KPTCL. & company
generates its own power through boilers during crushing of
sugarcane.
ACHIEVEMENTS
In 1996-97 from South Indian Sugar Technologists
Association (SISTA) for best achievement award in cane
development.
APPLICATION OF 7S MODEL
OF MC, KENSEYS
of
between strategy,
structure, system and style, skill, staff, and super ordinate goals.
The framework suggests that there is a multiplicity of factors that
influence an organization and
mode of change.
STRUCTURE OF ORGNIGIATION
SHARE HOLDER
BOARD OF DIRECTOR
CHAIRMAN
MANAGING DIRECTOR
SHARE SECTION
Head: - M.T. PATIL
According to by-law, the factories authorized share
capital is Rs 20 crores. Atresent the number of shareholders is
18990 and capital collected from all the shareholders.
i.e. Rs
6. Karnataka
State
Agro
Industrias
Co-operation,
Bangalor.
C Class involves the state government of karnakata.
The above said members born their share as share capital
as
Sr
Member class
No of Shares
No
Share
capital
A Grower
15,924
613.52
B co-operative society
2
Non-Grower
3065
C Government of Karanataka
60.06
Total
375.82
18990
1049.40
NAME OF
THE
PERMA
SEATION
GOV
CONSTR
NENT
AL
DEPT
Time
DAILY CONTR
WAGE
CTUAL
Office
TOTA
ACT
13
Security
13
22
Store
21
Civil
Environm
16
15
30
10
13
Cane A/C 7
16
Vehicle
11
Medical
Agricultu
28
62
39
136
90
70
41
207
99
38
147
198
252
23
157
638
ent
Administ
rative
General
A/C
re
Engineer
Manufact
urer
TOTAL
WELFARE FACILITY
To take care of all the workers, the organization will
provide the some following facility those are:A.
B.
Quarter,
hospital
etc.
facility
and allowances
C.
Canteen facility
D.
Promotion facility
E.
F.
G.
PURCHASE SECTION
Purchasing plays an important and significant
role in processing industry. Purchasing is tough task, which is to be
performed very carefully. It functions on the
principal of Money
here.
respective
which are
Heads :1.
2.
3.
4.
Welding materials Ex:Welding rod, screen, black glass uses of welding purpose.
5.
6.
7.
8.
9.
10.
Building materials
Ex:-
11.
Ex:-
Rubber goods
Ex:- Bush,
Library
Ex:- Books.
17.
Vehcle spare
18.
Medical
Printing
Computer spare
Ex:-
SALES SECTION
The main product of H.S.S.K.Ltd is sugar and
by-Bagasses, Molasses, and press
B.
Bagasses-------used in paper
industry.
B.
Molasses-------used
in
Press-Mud-----used
in
distilleries.
C.
fertilizer.
SECURITY SECTION
There are 22 security guards and their function are,
1)
2)
3)
Maintaining
the
below
mentioned registers,
A.
Attendance registers.
B.
Visitors register.
C.
Vehicle register.
D.
E.
Department-Structure
Chief
of
C.D.O
For Manager
C.D.O
Assistants
AssistantC.D.O
Workers
Cane-Inspector
Field-Offices
training
to
the
farmers.
Providing seeds on loan basis.
Seeds are developed in the firm
and distributed to farmers.
Early detection and pests and
crop decreases and providing solution
Cane-Verities:Karnataka Hybrid Seeds.
Coimbatore
Coimbatore Cadlar
Coimbatore Melattur.
ENGINEERING-DEPARTMENT
HEAD:-M Umapati
It is very important department to any factory,
because engineer only have capacity to run the production
smoothly. In this factory this section has217 employee
The main
2.
3.
They
inform
board
of
Department-Structure
Assistant
Electrical
Environmental
Work-Shop
Engineer
Engineer
Engineer
Civil
Engineer
Engineer
Supervisor
Supervisor
Supervisor
Supervisor
Supervisor
Worker
Worker
Worker
Worker
worker
Maintenance
of
all
the
machineries currently.
2.
3.
PRODUCTION DEPARTMENT
The
Chief
Engineer,
chief
improve them to
YEAR
SHARE
SUGARCANE
SUGAR
RECOVERY
CAPITAL
CRUSHING
PRODUCTION RATE
No
A/C
(In MT)
(In qtl)
151480
2004-05
837.13
141430.852
2
2005-06
972.40
1049.40
1125.40
11.40
275240
11.41
132920
11.82
241130.000
4
2007-08
239950
210556.428
3
2006-07
10.71
113345.000
Cane
Yard:-
Cane
weight:-
In
this
collect
this
they
1)
into 12 to 20 inches.
2)
into 12 to 20 inches.
After
Centrifugals:-
This
is
last
2)
3)
GODOWN
After packing the sugar in the gunny, they are stored in the
godown. In the godown they maintain register consisting the
records of stock, dispatch and closing balance.Factory has 4 large
God owns and their capacity is given below,
STORE
HOUSE
2
2
1lakhs
70000
SKILL
Skill is the distinctive capabilities or competence of the
organization
STYLE
Style includes two things, one management style and
organizational culture. Management style the way in which the
managerial personnel behave and collectively spend their time to
achieve organizational goals, it consists the way of lending.
motivating and the style of leadership in the management. Here
SRTATEGY
Strategy means the actions which a company plans in to or
anticipates of changes in its external environment. In other words it
is the determination of basis long term objectives or courses of
action and allocation of resources to achieve the organizational
goals. They are as follows,
Waste Elimination S.H.S.S.K. Ltd.
Produces molasses and sell it to liquor
SYSTEM
A system includes formal and informal
procedures that support the strategy and structure. In other words,
it is the processes and flows that shown how an company gets its
day-to-day things done. This includes the procedures and the
routines that will characterized how important work to be done. i.e.
BASAVESWAR ENGNEERING COLLEGE BAGALKOTPage 45
the
crystals
in
remove
STAFF
Staffs refer to the people in the enterprise and their
socialization into the socialiseational culture. Productive high
performing employees are the companies
Technical Department:A.
B.
Laboratory
C.
Tool room
D.
Manufacturing
engineering
departments
E.
F.
Non-Technical
Department:A.
Administration
B.
Clerical
Maintenance in charge:1.
Planning
of
preventing
maintenance.
2.
Attending
breaks
down
maintenance.
3.
Taking
corrective
action
for
4.
Planning
spares
and
raising
purchase intend.
5.
SHARED VALUE
There are values shares by the members of the organization.
It is the super ordinate goal that is centrally responsible for
providing a core mission to the organization Used as an umbrella,
which embraces all the other managerial activities. In short it says
what does the organization stands for and what is believes in. A
devoted and sincere contribution to the mankind through the
various business activities of the company and compromise to the
quality.
1.
2.
3.
STRENGHTS
Produces good quality of sugar.
Its
near
the
river
of
the
is
not
dependent
of
technology
and
complexity
OPPORTUNITIES:Possibility
of
willing
co-operation by bank.
Arrangement for KPTCL grid.
RESEA RCH
ON
FI NA NCI A L
A NA L Y SI
BASAVESWAR ENGNEERING COLLEGE BAGALKOTPage 51
OBJECTIVES
To study the profitability of
Halsidhanath Sahakari Sakhar Karkhana Ltd. Nipani.
To study the liquidity position.
To find activity turnover
Shri Halasidhnath
SAMPLING DESIGN
Sampling unit
: Financial Statements.
Sampling Size
value of the firm. There by the value of the owners i.e. the
example of equity share holders in a company is maximized. The
traditional view of financial management looks into the following
function that a finance manager of a business firm will perform.
1.
2.
Mobilization of funds
through
Howard
and
Upton:-
Bringham:-
Financial
MEANING OF RATIOS
Financial Statement contains a wealth of information which, if
properly analyzed and interpreted, can provide valuable insights
into a firms performance and position. Analysis Soft financial
statements is of interest to (short terms well as long term)
BASAVESWAR ENGNEERING COLLEGE BAGALKOTPage 55
investors,
security
analysts,
managers,
and
others
financial
study a
in relation to
INTERPRETATION OF RATIOS
The benefit of the ratio analysis depends to great extent
upon
their
correct
interpretation.
Interpretation
requires
may
1)
AND GROUP RATIOS:The interpretation may be based on individual ratio e.g. If current
ratio persistently falls and goes below one, it can be interpreted as
an indication of short-term insolvency. However, one cannot get
the position corrected by
studying individual ratio in isolation. It is therefore a common
practice to study
and interpret a set of several related ratios e.g. for short-term
solvency both the
COMPARISON OVERTIME:-
2)
INTER-FIRM
3)
PROCEDURE OF
ANALYSIS:First or all the depth, object and extent of analysis must be
determined, so that necessary information can collect. The analysis
is required to go through various financial statements of the
business
and
collect
other
required
information
from
the
B.
A)
Balance
ratios exhibiting the
Sheet
Ratios:-
The
3)
Ratios;
They
There
PROFITABILITY RATIO:1)
Profit
Sales
LIQUIDITY/SOLVENCY RATIO:1)
Current
Ratio
or
working
Current Assets
Current liabilities
Certain authorities have suggested that in order to ensure solvency
of a concern. Current assets should be at least twice the liabilities
and therefore. his ration is known as 2:1 ratio.
BASAVESWAR ENGNEERING COLLEGE BAGALKOTPage 61
2)
they arise.
ACTIVITY RATIO
1)
Operating
Ratio:-
The
ratio
Operating Ratio
3)
Sales
Net Fixed Assets
4)
Total Assets Turnover Ratio:The ratio is arrived at by dividing sales by the total assets i.e.
Sales
Total Assets
LEAVERGE RATIO:-
1)
Total Debts
Net worth owners Equity
The term total debt includes all debts i. e. long term, short
term mortgages. Bills, debentures etc. whereas the term net worth
means equity share capital, reserves and surplus i.e. proprietors.
Funds or equity 1:1 ratio is acceptable.
2)
It indicates that the company has used short term funds for
acquiring fixed assets, which policy is not desirable. To the extent
fixed assets exceed the amount of capital and reserves, the
working capital are depleted. When the
amount of proprietors
fund exceeds the value of fixed Assets i.e. when the percentage is
less than 100, a part of the working capital is supplies by the
shareholders. Provided that there are no other non-current assets.
1)
X 100
Sales
YEAR
GROSS PROFIT
SALES
GROSS PROFIT
RATIO
23.26
2004-05
7,00,15,301.58
301002504.06
13.66
2005-06
41317359.41
302304793.75
11.02
2006-07
3,79,03,469.81
337985566.07
17.44
2007-08
6,09,91,621.57
349546301.04
12.63
2008-09
5,44,14,256.14
430543494.12
C)
X 100
Sales
YEAR
NET PROFIT
SALES
GROSS-NET
RATIO
2004-05
14569011.39
301002504.06
4.84
2005-06
4053781.26
302304793.75
1.34
2006-07
1179916.79
337985566.07
0.34
2007-08
2178816.70
349546301.04
0.62
2008-09
1653143.88
430543494.12
0.38
INTERPRETATION
The net profit is the indicative of the managements
ability to operate the business with sufficient success. In the above
bar diagram it shows that the net profit ratio of SHSSKL has
increased 4.84 in 2004-05 but it decreased in the next years 1.34
LIQUIDITY RATIO
CURRENT RATIO:Current Ratio =
Current Assets
Current Liabilities
YEAR
Current Assets
Current
Liabilities
RATIO
308321871.3
454294589.7
0.67
265422636.1
563620481.6
0.47
875637598.7
623087336.2
1.40
446111012.4
565628200.9
0.78
471836449.8
542837550.5
0.86
2004-05
2005-06
2006-07
2007-08
2008-09
S
INTERPRETATION:An ideal current ratio is 2: 1 Thus 2 is the
considered as a safe margin from the above diagram it determines
that the firm has safe margin in1.4 2006-07 and in 2004-06 it has
0.67&0.47 moreover it has not safe margin 2007-09 e.i to 0.78&
0.86
Liquidity Ratio
Liquidity Ratio =
Liquid Assets
Liquid Liabilities
Liquid assets
Liquid
Liabilities
110024781.8
454294589.7
Ratio
0.24
2005-2006
37885949.4
563620481.6
0.067
2006-2007
496655612.5
623087336.2
0.79
2007-2008
102195141.3
565628200.9
0.18
2008-2009
163116368.5
542837550.5
0.30
the firm has 0.24 &0.067 in the year 2004-06 and it increased 0.79
in 2006-07 and it again decreased 0.18 in 2007-08 then again
raised0.30 in 2008-09
ACTIVITY RATIO
INVENTORY TURN-OVER RATIO
Sales
Inventory Turn-Over ratio=
Average Inventory
Opening-Stock + Closing-Stock
Average Inventory
=
2
Years
Average Inventory
Sales
192353685.5
2004-2005
Inventory
Turn-Over ratio
1.56
301002504.06
2005-2006
234674943.5
1.28
302304793.75
2006-2007
324789674.5
1.04
337985566.07
2007-2008
342085995.0
1.02
349546301.04
2008-2009
305513910.0
1.40
430543494.12
INTERPRETATION: This means that the inventory in the first year has been sold1.56
very slow in 2004-05 And it again increase in 2005-08 e.i 1.28,
1.04, 1.02.and in last year it again decreased 1.4 in 2008-09
YEARS
SALES
FIXED-ASSETS
FIXED ASSETS
TURN-OVER
RATIO
2004-05
301002504.06
350064970.91
0.85
2005-06
302304793.75
361712835.66
0.83
2006-07
337985566.07
363487965.66
0.92
2007-08
349546301.04
371470849.66
0.94
2008-09
430543494.12
647506096.70
0.66
CURRENT ASSETS
TURN-OVER RATIO
Sales
=
Current
Assets
YEARS
SALES
CURRENT
ASSETS
CURRENT ASSETS
TURN-OVER
RATIO
0.97
1.13
0.38
0.78
0.91
Operating-Efficiency Ratio:1)
=
YEARS
Direct
Material
SALES
Percentage (%)
2004-2005
200389076.8
301002504.06
66.57
2005-2006
219224160.5
302304793.75
72.51
2006-2007 241453980.32
337985566.07
71.43
2007-2008 224546979.08
349546301.04
64.23
2008-2009
430543494.12
71.86
309403524.5
and 2007-08 it give the fair to the investors where as72.51, 71.43
and 71.86. 2005-07and 2008-09 are not up to mark able .
2)
=
YEARS
Direct
Labour
SALES
Percentage (%)
2004-2005
14885365.90
301002504.06
4.94
2005-2006
16958271.40
302304793.75
5.60
2006-2007
27661900.24
337985566.07
8.18
2007-2008
34862365.60
349546301.04
9.97
2008-2009
35562670.05
430543494.12
8.25
3)
YEARS
Factory
Overhead
Net-SALES
Percentage (%)
2004-2005
15712759.79
301002504.06
5.22
2005-2006
25581554.35
302304793.75
8.46
2006-2007
30966215.70
337985566.07
9.16
2007-2008
32038895.00
349546301.04
9.16
2008-2009
29269482.40
430543494.12
6.79
Findings
Gross profit and net profits are decreased during the period
of study, which indicates that firms inefficient management
in manufacturing and trading operations.
Gross profit and net profits are increased during the period
of 2004-05 which indicates that firms efficient management
in manufacturing and trading operations.
Liquidity ratio of the firm is not better liquidity position in
over the five years. It shows that the firm had not sufficient
liquid assets.
The inventory of the firm in the first year has been sold very
slow. And there is an increase in the movement of the
inventories but it slightly decreased in the last year. This may
be a sign not good to the firm.
current
assets
turnover
cost
of
manufacturing
SUGGESTIONS
sugar
production
process
CONCLUSION
This project of Ratio analysis in the production concern is not
merely a work of the project. But a brief knowledge and experience
of that how to analyze the financial performance of the firm. The
study undertaken has brought in to the light of the following
conclusions. According to this project I came to know that from the
BASAVESWAR ENGNEERING COLLEGE BAGALKOTPage 81
Have
been incurring loss during the period of study. So the firm should
focus on getting of profits in the coming years by taking care
internal as well as external factors. And with regard to resources,
the firm is take utilization of the assets properly. And also the firm
has a maintained low inventory.
LIABILITY
SOURCES OF FUNDS
Share capital
AMOUNT
ASSETS
AMOUNT
FIXED ASSETS
88846018.59 Gross block
350064970.
274191573.3 Less:
4 Depreciation
CURRENT LIABILITIES
Working capital
Net Block
350064970.
09
Investment
6975000.00
CURRENT ASSETS
279908387.0 Inventories
8
198297089.
91
Statuary deposits
374639.72
Deposit
2879292.96
Suspense
Sundries
Other
Sundries
14373128.04 Advances
loan funds
118309456.4
7
26653751.52
TOTAL
818088181.8
1
TOTAL
60423970.9
1
46346877.8
0
152726340.
15
818088181.
81
Expenditure
AMOUNT
Opening stock
Incomes
270160956.1
6
Other sales
30841547.90
Cost of production
Gross profit
70015301.58
Total
484237965.0 Total
6
Establishment charges
Travelling expenses
762054.92
Printing
stationery
and
575316.06
Meetings
Expenses
&AGM
299139.58
&Insurance
35111966.31
Interest
charges
AMOUNT
121490.67
Social Expenses
198765.78
1257774.92
Other
management
Expenses
1001874.80
1600000.00
Depreciation
8680733.00
183235461.0
0
484237965.0
6
70015301.58
2071499.26
14569011.39
TOTAL
72086800.84 TOTAL
72086800.84
AMOUNT
ASSETS
AMOUNT
FIXED ASSETS
Share capital
270171150.6 Less:
0 Depreciation
LOAN FUNDS
Net Block
Loans
Investment
CURRENT LIABILITIES
CURRENT ASSETS
361712835.6
6
361712835.6
6
587259.00
Working capital
321283573.1 Inventories
6
Statuary deposits
717669.52
16549209.47
Deposit
303308585.5
3
suspense
29044436.06 Advances
49015066.50
Sundries
37433717.42
161706973.2
3
Other
Sundries
TOTAL
65201661.09
931031316.3
3
TOTAL
931031316.3
3
Expenditure
Opening stock
AMOUNT
Incomes
281761927.5
0
Other sales
205428665.2
5
Cost of production
Gross profit
41317359.41
Total
589195771.7 Total
5
Establishment charges
Travelling expenses
Exp .on vehicle
Printing and
AMOUNT
286890978.0
0
589195771.7
5
41317359.41
11971545.7
385579.30
29539180.87
573.00
435704.22
1978687.76
Other management
Exp
605143.20
1700000.00
Bonus &
paid- 05
1618790.00
Incentive
Depreciation
2053862.00
Net profit
4053781.26
TOTAL
53288905.10 TOTAL
53288905.10
AMOUNT
ASSETS
AMOUNT
FIXED ASSETS
Share capital
272212433.6 Less:
363487965.6
6
------------
Net Block
Loans
Investment
CURRENT LIABILITIES
CURRENT ASSETS
Working capital
Statuary deposits
Other funds
3261620.57 Inventories
--363487965.6
6
587259.00
378981986.2
8
327612.88
3238097.38
Deposit payable
8619351.89 Advances
47810043.43
6317241.93 Receivables
45279858.83
160527056.4
4
Provisions for
expenses
Other
Creditor
TOTAL
liability
2037609.50
101250338.1
3
1000239879.
90
TOTAL
1000239879.
90
Expenditure
Opening stock
AMOUNT
Incomes
AMOUNT
321102204.0
5
Other sales
16883368.02
Cost of production
Gross profit
37903469.81
Total
700673937.0 Total
7
700673937.0
7
Administration
Employee cost
37903469.81
Administration
Expenses
11835306.34
Financial Expenses
362688371.0
0
1401824.00
income
Depreciation
2041283.00
Net profit
1179916.79
TOTAL
51140600.15 TOTAL
51140600.15
AMOUNT
SOURCES OF FUNDS
ASSETS
AMOUNT
FIXED ASSETS
Share capital
371470849.6
6
274371212.6 Less:
0 Depreciation
--------------------
LOAN FUNDS
Loans
CURRENT LIABILITIES
Net Block
26729775.00
INVESTMENT
371470849.6
6
1087259.00
CURRENT ASSETS
Working capital
277252952.2 Inventories
0
Statuary deposits
1446247.76
Suspense
5289323.68
Deposit
8237656.89 Advances
Sundries
Other sundries
343915871.1
4
44575300.80
50884269.05
158348240.3
73676864.17
Creditor
------------------
TOTAL
977017361.4
3
investment
1087259.00
TOTAL
977017361.4
3
Expenditure
Opening stock
AMOUNT
Incomes
AMOUNT
334738255.9
4
Other sales
14808045.10
Cost of production
Gross profit
321483619.0
0
Total
672923481.0 Total
4
672923481.0
4
1893561.00
834305.94
Meetings &AGM
Expenses
374096.00
42150121.77
239482.00
Social Expenses
233234.86
1945779.45
Other management
Exp
3513408.60
Incentive
-------------3873572.00
Depreciation
2158779.00
Net profit
2178816.10
TOTAL
10365431.00
1668460.99
Printing and
stationery
Interest &Insurance
charges
60991621.57
71357052.57 TOTAL
71357052.57
AMOUNT
ASSETS
AMOUNT
FIXED ASSETS
110870645.0 Gross block
647506096.7
537014300
.20
LOAN FUNDS
Loans
0
Less:
Depreciation
Net Block
85915406.30
CURRENT LIABILITIES
INVESTMENT
-------------------647506096.7
0
600259.00
CURRENT ASSETS
Working capital
290699121.2 Inventories
0
Statuary deposits
531803.69
61187786.16
Suspense
308720081.3
7
Deposit
8613186.089 Advances
49701553.25
sundries
51695225.44
156695096.4
6
Other sundries
32326689.23
Creditor
------------------
TOTAL
977017361.4
3
TOTAL
977017361.4
3
Expenditure
AMOUNT
Opening stock
Incomes
AMOUNT
389224030.4
2
Other sales
41319463.70
Cost of production
-----------
Gross profit
287650640.0
0
Total
718194134.1 Total
2
718194134.1
2
Establishment charges
54414256.14
Travelling expenses
Exp .on vehicle
Printing and
stationery
672343.25
Meetings &AGM
Expenses
484440.00
Interest &Insurance
charges
Govt Tax & Other
Social Expenses
43032479.08
1616986.78
223744.90
4227787.22
Other management
Exp
1367794.55
Bonus
4700000.00
&
Incentive
24316580.24
&
Depreciation
Net profit
TOTAL
Incentive
5015552.80
298796.00
1653143.88
78730836,38 TOTAL
78730836,38