Balance sheet

Sources of funds
Owner's fund
Equity share capital
Share application
money
Preference share
capital
Reserves & surplus
Loan funds
Secured loans
Unsecured loans
Total
Uses of funds
Fixed assets
Gross block
Less : revaluation
reserve
Less : accumulated
depreciation
Net block
Capital work-inprogress
Investments
Net current assets
Current assets, loans
& advances

(Rs crore)
Dec ' 07

Dec ' 06

Dec ' 05

Dec ' 04

Dec ' 03

217.75

220.68

220.12

220.12

220.12

-

-

-

-

-

1,220.82

2,502.14

2,084.84

1,871.92

1,917.94

25.52
63.01
1,527.10

37.13
35.47
2,795.42

24.5
32.44
2,361.90

1,453.06
18.06
3,563.16

1,603.70
100.61
3,842.36

2,669.08

2,462.69

2,375.11

2,314.22

2,141.72

0.67

0.67

0.67

0.67

0.67

1,146.57
1,521.84

1,061.94
1,400.08

989.61
1,384.83

891.08
1,422.47

846.09
1,294.96

185.64
1,440.81

110.26
2,522.22

98.03
2,148.72

94.42
2,229.56

73.84
2,574.93

3,681.12

3,555.08

3,101.67

3,670.80

3,878.88

Less : current
liabilities & provisions 5,302.30 4,792.23 4,371.36 3,854.10 3,980.25
Total net current
assets
-1,621.18 -1,237.15 -1,269.69
-183.3
-101.37
Miscellaneous
expenses not written
Total
1,527.10 2,795.42 2,361.90 3,563.16 3,842.36
Notes:
Book value of
unquoted
investments
1,364.36 2,346.08 1,896.19 2,079.14 1,967.89
Market value of
quoted investments
287.83
170.29
364.81
342.23
803.76
Contingent liabilities
494.46
476.4
468.33
476.41
478.34
Number of equity
sharesoutstanding
(Lacs)
21774.63 22067.76 22012.44 22012.44 22012.44

Profit loss
account
(Rs crore)
Dec ' 07 Dec ' 06 Dec ' 05 Dec ' 04 Dec ' 03
Income:
Operating
income
13,880.56 12,244.02 11,193.88 10,057.12 10,229.41
Expenses
Material
consumed
7,380.72 6,557.33 6,219.10 5,490.46 5,317.80
Manufactu
ring
expenses
402.99
368.16
360.56
358.61
364.98
Personnel
expenses
767.81
642.81
591.32
574.84
578.63
Selling
expenses
2,160.38 1,929.36 1,585.29 1,337.65 1,224.93
Adminstra
tive
expenses
1,092.23
940.67
853.9
754.01
636.92
Expenses
capitalised
Cost of
sales
11,804.13 10,438.33
Operating
profit
2,076.43 1,805.69
Other
recurring
income
180.42
166.53
Adjusted
PBDIT
2,256.84 1,972.21
Financial
expenses
25.5
10.73
Depreciati
on
138.36
130.16
Other
write offs
Adjusted
PBT
2,092.99 1,831.32
Tax
charges
417.14
321.8
Adjusted
PAT
1,675.85 1,509.52
Non
recurring
items
247.95
346.07
Other non
cash
adjustmen
ts
1.67
-0.21
Reported
net profit
1,925.47 1,855.37

-

-

-

9,610.18

8,515.57

8,123.26

1,583.71

1,541.54

2,106.15

139

185.98

290.78

1,722.71

1,727.53

2,396.93

19.19

129.98

66.76

124.45

120.9

124.78

-

-

-

1,579.06

1,476.64

2,205.38

294

320.74

488.3

1,285.06

1,155.91

1,717.08

79.01

-14.86

7.02

44.04

56.29

47.69

1,408.10

1,197.34

1,771.79

Earnigs
before
appropriati
on
Equity
dividend
Preferenc
e dividend
Dividend
tax
Retained
earnings

2,729.12

2,506.03

2,052.90

2,015.95

2,969.95

1,976.12

1,325.48

1,100.62

1,100.62

1,599.20

-

-

-

-

-

355.5

185.9

159.62

145.53

374.14

397.5

994.65

792.66

769.8

996.61

Annual results in
brief
Sales
Operating profit
Interest
Gross profit
EPS (Rs)

(Rs crore)
Dec ' 07 Dec ' 06 Dec ' 05
13,717.75 12,103.39 11,060.55
1,885.70 1,648.06 1,443.33
25.5
10.74
19.19
2,322.88 1,991.84 1,728.92
8.83
8.41
6.2

Dec ' 04 Dec ' 03
9,926.95 10,138.35
1,437.37 1,976.66
129.98
66.76
1,626.23 2,369.73
5.37
7.83

Annual results in
details
Other income
Stock adjustment
Raw material
Power and fuel
Employee expenses
Excise
Admin and selling
expenses
Research and
development
expenses
Expenses
capitalised
Other expenses
Provisions made
Depreciation
Taxation
Net profit / loss
Extra ordinary item
Prior year
adjustments
Equity capital
Equity dividend rate
Agg.of non-prom.
shares (Lacs)
Agg.of non
promotoHolding (%)
OPM (%)
GPM (%)
NPM (%)

Dec ' 07
462.68
-144.4
5,290.38
-

Dec ' 06
354.52
-115.97
4,867.24
-

Dec ' 05
304.78
48.12
4,500.10
-

Dec ' 04
318.84
54.87
3,884.82
-

Dec ' 03
459.83
-104.14
3,959.63
-

767.81
-

642.81
-

591.32
-

574.84
-

578.63
-

1,422.90

1,272.88

1,005.67

835.98

759.09

-

-

-

-

-

4,495.36
138.36
417.14
1,923.79
156.41

3,788.37
130.16
322.01
1,855.37
315.7

3,472.01
124.45
294
1,364.06
53.59

3,139.07
120.9
320.74
1,182.66
-1.93

2,968.48
124.79
488.3
1,724.10
-32.54

1.68
217.75

220.68

44.04
220.12

14.7
220.12

47.69
220.12

-

-

-

-

-

10426.14 10719.27 10663.94 10663.94 10663.94
47.88
13.75
16.38
13.57

48.57
13.62
15.99
14.89

48.45
13.05
15.21
12

48.45
14.48
15.87
11.54

48.45
19.5
22.36
16.27