Tata Chemicals Ltd.

Profit loss account
(Rs crore)

Mar ' 09 Mar ' 08

Income
Operating income 8,363.35 4,036.68 2,105.80 530.33 169.73 372.21 171.69 -0.14 3,349.62 687.06 130.54 817.60 41.04 148.76 627.80 207.92 419.88 511.06 18.24 949.18 1,916.25 211.25 35.90 1,669.10

Expenses
Material consumed 5,652.40 Manufacturing expenses 655.99 Personnel expenses 200.05 Selling expenses 457.51 Administrative expenses 394.65 Expenses capitalized -2.26 Cost of sales 7,358.34 Operating profit 1,005.01 Other recurring income 133.14 Adjusted PBDIT 1,138.15 Financial expenses 191.89 Depreciation 163.03 Other write offs Adjusted PBT 783.23 Tax charges 208.22 Adjusted PAT 575.01 Nonrecurring items -175.60 Other non cash adjustments 20.80 Reported net profit 420.21 Earnings before appropriation 1,994.31 Equity dividend 211.65 Preference dividend Dividend tax 35.97 Retained earnings 1,746.69

711.11 Market value of quoted investments 570.97 3.426.40 5.343.741.297.77 4.82 Contingent liabilities 394.48 47.337.06 3.94 Notes: Book value of unquoted investments 4.Balance sheet Mar ' 09 Mar ' 08 Sources of funds Owner's fund Equity share capital Share application money Preference share capital Reserves & surplus 235.058.602.288.53 5.217.62 Loan funds Secured loans Unsecured loans Total 249.16 530.77 662.10 1.291.916.948.625.99 3.916. loans & advances Less : current liabilities & provisions Total net current assets Miscellaneous expenses not written Total 3.40 1.96 Uses of funds Fixed assets Gross block Less : revaluation reserve Less : accumulated depreciation Net block Capital work-in-progress Investments 3.00 0.61 1.96 Number of equity shares outstanding (Lacs) 2351.44 2.535.40 Net current assets Current assets.473.96 3.45 0.02 2.62 2.22 2.20 169.544.269.24 1.38 3.624.23 3.80 2339.73 1.98 298.01 1.69 .31 7.07 234.006.542.493.535.92 7.

01 0.61 152.14 0.63 Free reserves per share (Rs) 141.21 2.32 8.28 Book value (incl rev res) per share (Rs.02 13.03 Profitability ratios Operating margin (%) Gross profit margin (%) Net profit margin (%) Adjusted cash margin (%) Adjusted return on net worth (%) Reported return on net worth (%) Return on long term funds (%) 12.30 40.94 54.56 46.15 Dividend per share 9.00 29.17 0.00 Operating profit per share (Rs) 42.71 22.) 10.62 0.33 22.65 60.77 Leverage ratios Long term debt / Equity Total debt/equity Owners fund as % of total source Fixed assets turnover ratio Liquidity ratios Current ratio Current ratio (inc.92 9.64 11.74 Book value (excl rev res) per share (Rs) 41.75 26.43 26.95 51.32 1.57 17.66 1.77 13.23 1.23 Net operating income per share (Rs) 355. st loans) Quick ratio Inventory turnover ratio Payout ratios Dividend payout ratio (net profit) .37 17.45 Adjusted cash EPS (Rs) 31.51 132.09 0.56 17.38 Reported EPS (Rs) 19.01 10.02 9.94 24.Mar ' 09 Mar ' 08 Ratios Mar ' 09 Mar ' 08 Per share ratios Adjusted EPS (Rs) 24.36 1.68 14.49 0.98 7.22 Reported cash EPS (Rs) 26.36 152.61 172.06 5.89 11.41 0.

Dividend payout ratio (cash profit) Earning retention ratio Cash earnings retention ratio Mar ' 09 Mar ' 08 40.47 1.85 0.04 Coverage ratios Adjusted cash flow time total debt Financial charges coverage ratio Fin.25 22.80 4. consumed Long term assets / total Assets Bonus component in equity capital (%) .72 5.92 27.51 56.62 44.45 56.98 5.94 41.93 4.54 4.75 52. in raw mat.ratio (post tax) Component ratios Material cost component (% earnings) Selling cost Component Exports as percent of total sales Import comp.12 19.69 45.59 77.11 0. charges cov.22 2.14 66.80 9.21 68.27 50.