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Balance Sheet

Note No. 2013 2014 2015


Shareholders' Equity 1 41024.64 42666.35 43504.78

Current Liabilities 2 13849.76 15861.77 20440.25

Long Term Debt and Other Liability 3 29344.06 33433.77 35381.84

Total Liability and Shareholders' Equity 84218.46 91961.89 99326.87

Assets

Current Assets 4 25273.43 24699.26 26289.94

Capital Work-in-Progress 35890.85 33650.54 29195.82


Tangible Assets 15234.63 25256.52 34658.4
Other Assets 5 6276.78 6841.44 7672.5
Intangible Assets 1542.77 1514.13 1510.21
Total Assets 84218.46 91961.89 99326.87

Cash Flow Statement


Note No. 2013 2014 2015
Cash flow from Operating Activities

Operating cash flow before working capital change 5569.59 4430.29 5151.18
Adjustments -2178.38 2217.09 -1887.37
Cash generated from Operations 3391.21 6647.38 3263.81
Direct Taxes Paid -986.73 -764.29 -519.69
Net Cash from Operating Activities 2404.48 5883.09 2744.12
Cash flow from Financing Activities
Net Cash from / ( used in ) Investing Activities -5705.13 -7192.12 -5160.5
Cash flow from Financing Activities
Proceeds from Issue of Share Capital
Net Cash from / ( used in ) Financing Activities 3247.53 1246.71 2396.55
Net Increase or Decrease in cash Equivalent -53.12 -62.32 -19.83
Cash and Cash Euivalant Opening 330.35 277.23 214.91
Cash and Cash Euivalant Closing 277.23 214.91 195.08

Income Statement
Note No. 2013 2014 2015
Net Revenue 45562.70 47579.82 46731.56
COGS 6 34283.27289 34050.237108 32272.0554
Gross Margin 11279.43 13529.58 14459.50
Other Income/Loss 7 -187.79 1109.20 -88.23
Other Expenses 8 7103.32 10446.59 10558.13
PBIT 3988.32 4192.19 3813.14
Interest Expense 9 747.66 967.64 1454.23
PBT 3240.66 3224.55 2358.91
Taxes 10 1070.31 608.07 266.23
PAT 2170.35 2616.48 2092.68
2016 Note no.
39281.26 1
2

22269.37 3

36718.81 4

98269.44 5

20394.69 7

24884.26 8
42716.2 9
8728.09 10
1546.2
98269.44

2016

-3260
6110.99
2850.99
-33.12
2817.87

-4094.98

1258.88
-18.23
195.08
176.85

2016
39666.84
33988.7896
5678.05
-15.51
10814.23
-5151.69
2046.75
-7198.44
-3061.18
-4137.26
Explaination
Shareholders' Equity = Share Capital + Reserves and Surplus
Current Liabilities = Short-Term Borrowings+Trade Payables+Short-Term Provisions

Long Term Debt and Other Liability = Long-Term Borrowings+Deferred Tax


Liabilities (Net)+Other Long Term Liabilities+Long-Term Provisions+Other
Current Liabilities
Current Assets = Inventories+Trade Receivables+Cash and Bank
Balances+Short-Term Loans and Advances

Other Assets = Non-Current Investments+Deferred Tax Assets (Net)+Long-


Term Loans and Advances+Other Non-Current Assets+Other Current Assets

COGS = Cost of Materials Consumed+Purchase of Stock in Trade+Changes in


Inventories of Finished Goods+Work in Progress and Stock in Trade+Part of
Employee Benefits+Part of other expenses
Other Income/Loss = Compensation +Foreign gain/loss+ Adjustments
pertaining to Earlier Years
Other Expenses= Part of Employee Benefits+Part of other
expenses+Depreciation and Amortisation Expense Total
Interest Expense = Financial Cost
Taxes = Current Tax+Deferred Tax+MAT Credit+Earlier Years

Total
COGS Employee Benefit Expenses COGS
2013 2014 2015 2016 Freehold Land 180.3
21198.48 19271.16 18522.9 17150.61 Leasehold Land 297.62

3.21 0.78 0.48 0 Building(75%COGS) 1695.55

894.63 -1408.12 540.61 Steel Plant 31624.24

-2016.09 Others

7350.95 8430.35 8663.12 8761.80 Furniture

7746.72289 5453.321182 6493.67 7535.769617 Vehicles(75% Others) 612.18

34283.2729 34050.23711 32272.055443 33988.78962 Other Equipment 55.87


Other Expenses Miscellaneous Articles
1286.25 8292.26 1073.21 1132.01 Roads Bridges(25% COGS) 52.79
4414.09 7581.74 7711.65 7582.68 Water Supply
1402.98 1716.69 1773.28 2099.54 Equipment 382.56
7103.32 17590.69 10558.13 10814.23 Railway Lines
Total 34901.11
Ratio 5.715
7350.95

Other Expenses
Buildings
Plant & Machinery 481.20
Others
Freight Outward 953.12
Raw Material 198.76
Scrap Recovery 163.63

Royalty and Cess 975.48


Conversion Charges 328.76
Excise
Demurrage
Water Charges
Insurance
Telegram
Printing
Rates and Taxes 65.68
Rent
Security Expenses
Travelling Expenses
Training Expenses*
Remuneration to Auditors
Audit Fees
Tax Audit Fees
In other Services
Out of Pocket Expenses
Cost Audit Fee and Reimbursemen
Provisions
Doubtful Debts, Loans and Advanc
Stores , Spares and Sundries 24.25
Write-Offs - Miscellaneous
Voluntary Retirement Compensati
Handling Expenses - Finished good 119.8
Cash Discount (net)
Commission to Selling Agents
Export Sales Expenses
Miscellaneous
Total 3310.68
1.755
7746.72
Other ExpeCOGS Other ExpeCOGS Other ExpeCOGS Other Expenses
257.40 261.15 262.67
356.05 645.38 665.66

565.18 2098.88 699.63 2955.518 985.1725 3820.35 1273.45

41868.53 50977.22 59447.57

2448.73 2505.72 2568.42 2728.44

105.33 124.80 131.15 134.90

1836.55 303.5875 910.7625 317.21 951.63 326.43 979.28

56.53 57.53 59.97


266.77 283.12 302.36 309.06
158.38 54.43 163.28 64.3875 193.1625 77.09 231.27
421.37 583.10 636.22 551.85
392.73 392.46 401.59
304.26 464.98 609.37 629.83
6106.57 44995.40 6128.113 55220.87 6827.475 63671.44 8227.965
1 7.34 1 8.09 1 7.74 1
1286.25 8430.35 1148.16 8663.12 1073.21 8761.80 1132.01

178.79 216.07 223.31 199.48


533.71 610.59 702.19
164.47 181.75 208.13 222.23
976.43 993.06 1130.91
251.79 278.80 318.41
224.85 289.90 314.33

915.56 1222.78 1344.07


277.65 332.66 413.32
385.47 461.94 367.97 305.40
55.99 93.72 100.17 48.64
76.57 92.75 162.35 112.32
16.31 17.06 21.34 29.35
19.78 20.60 22.80 18.68
10.12 9.40 10.80 9.68
67.72 44.93 50.13
13.84 24.77 27.09 25.76
310.05 344.04 370.47 433.79
210.87 184.18 186.54 149.79
25.75 38.81 46.81 41.03

1.34 1.43 1.41 1.45


0.42 0.43 0.39 0.41
0.95 0.92 1.13 0.98
0.68 0.79 0.87 0.89

29.06 63.04 46.32 28.05


135.42 54.36 169.09
0.34 7.71 0.33 0.27
0.23 0.01 0
121.73 142.01 181.24
64.81 75.28 70.82 56.42
7.59 7.60 5.03 7.06
18.37 25.36 24.39 8.85
294.53 380.21 233.75 325.86
1886.33 2406.7 3346.03 2789.09 3312.22 3311.54 3338.54
1 0.71927 1 0.842061 1 0.99 1
4414.09 5453.32 7581.74 6493.67 7711.65 7535.77 7582.68
Balance Sheet
Note No. 2013 2014 2015
Shareholders' Equity 1 55,209.68 61,147.99 66,663.89

Current Liabilities 2 16,488.65 18,881.78 16623.79

Long Term Debt and Other Liability 3 30,178.60 31010.64 32389.44

Total Liability and Shareholders' Equity 101,876.93 111,040.41 115,677.12

Assets

Current Assets 4 11,530.60 11,564.60 11849.17


Capital Work-in-Progress 8,722.29 18,509.40 23036.67
Tangible Assets 24,650.54 24,064.43 25071.38
Other Assets 5 56748.99 56700.66 55542.76
Intangible Assets 224.51 201.32 177.14
Total Assets 101,876.93 111,040.41 115,677.12

Cash Flow Statement


Note No. 2013 2014 2015
Cash flow from Operating Activities
Operating cash flow before working capital
change 11,586.90 13236.43 10,657.93
Adjustments 1461.71 1643.91 (3,752.76)
Cash generated from Operations 13,048.61 14880.34 6,905.17
Direct Taxes Paid (1,979.94) -2447.24 (2,053.28)
Net Cash from Operating Activities 11,068.67 12433.1 4,851.89
Cash flow from Financing Activities
Net Cash from / ( used in ) Investing Activities (8,522.40) -9837.42 (2,382.10)
Cash flow from Financing Activities Proceeds
from Issue of Share Capital
Net Cash from / ( used in ) Financing Activities (4,281.59) -3825.98 (2,957.21)
Net Increase or Decrease in cash Equivalent -1,735.32 -1230.3 (487.42)
Cash and Cash Euivalant Opening 3,900.53 2139.93 909.33
Cash and Cash Euivalant Closing 2,165.21 909.33 421.93

Income Statement
Note No. 2013 2014 2015
Net Revenue 39,101.47 42,498.67 42,367.78
COGS 6 25,303.21 27,040.85 29,328.74
Gross Margin 13798.26 15457.82 13039.04
Other Income/Loss 7 201.6 888.16 2477.54
Other Expenses 8 4286.49 4811.9 5031.74
PBIT 9713.37 11534.08 10484.84
Interest Expense 9 1,876.77 1,820.58 1,975.95
PBT 7836.60 9713.50 8508.89
Taxes 10 2,773.63 3301.31 2,069.77
PAT 5062.97 6412.19 6439.12
Note no.
2016 1
70,476.72 2

21,087.99 4

31643.44 5

123,208.15 6

14,421.49 8
26,953.90 9
24,901.24 10
56404.17
527.35
123,208.15

2016

7,230.25
1,581.53
8,811.78
(1,244.10)
7,567.68

(5,405.22)
(1,631.04)
531.42
421.93
953.23

2016
42,101.04
29,306.96
12794.08
-983.66
4223.63
7586.79
1,460.27
6126.52
1,225.57
4900.95
Explaination
Shareholders' Equity = Share Capital + Reserves and Surplus
Current Liabilities = Short-Term Borrowings+Trade Payables+Short-Term Provisions

Long Term Debt and Other Liability = Long-Term Borrowings+Deferred Tax


Liabilities (Net)+Other Long Term Liabilities+Long-Term Provisions+Other
Current Liabilities + Hybird Perpetual Securities
Current Assets = Inventories+Trade Receivables+Cash and Bank
Balances+Short-Term Loans and Advances + Current Investments

Other Assets = Non-Current Investments+Deferred Tax Assets (Net)+Long-


Term Loans and Advances+Other Non-Current Assets+Other Current
Assets+In tangible assets under development

COGS = Cost of Materials Consumed+Purchase of Stock in Trade+Changes


in Inventories of Finished Goods+Work in Progress and Stock in Trade+Part
of Employee Benefits+Part of other expenses
Other Income/Loss = Compensation +Foreign gain/loss+ Adjustments
pertaining to Earlier Years
Other Expenses= Part of Employee Benefits+Part of other
expenses+Depreciation and Amortisation Expense Total
Interest Expense = Financial Cost
Taxes = Current Tax+Deferred Tax+MAT Credit+Earlier Years

Total
COGS
2013 2014 2015 2016
9,877.40 9,677.71 11,678.60 9,700.01

453.34 352.63 688.32 991.54

-404.6 (155.18) (715.94) 142.97

3,479.46 3532.588107805 4419.9701049 4149.58850456

11897.61 13,633.10 13257.79 14322.85

25,303.21 27,040.85 29,328.74 29,306.96

Other Expenses
129.06 140.4918921954 181.95 175.311495437
2517.05 60.75 2,852.20 2,115.21
1,640.38 1,928.70 1,997.59 1,933.11

4286.49 2129.94 5031.74 4223.63


2013 2014 2015
Employee Benefit Expenses COGS Other ExpeCOGS Other ExpeCOGS Other Expe
Freehold Land & Roads 467.79 533.1 559.98

Leasehold Land 191.65 191.65 194.77

Buildings (75% COGS) 946.56 315.52 2,060.36 686.785 2,135.36 711.7875

Leasehold Buildings (75% COGS) 0.675 0.225 0.675 0.225 0.675 0.225

Plant & Machinery 20,384.62 33,541.99 34,335.76

Furniture& Fixtures 38.76 47.69 49.18

Office Equipments 113.18 135.8 149.63


Vehicles (75% Others) 48.845 146.535 56.97 170.91 57.0575 171.1725
Railway Slidings 203.32 405.62 452.8
Total 22040.14 817.54 36384.74 1447.03 37283.605 1534.795
Ratio 26.959097 1 25.144427 1 24.292238 1
3,479.46 129.06 3532.5881 140.49189 4419.9701 181.95

Other Expenses
Consumption of stores and spares 2,090.89 2,611.23 2,305.47
Repairs to buildings 85.42 74.46 76.51
Repairs to machinery 1,381.08 1,733.92 1,864.44
Relining expenses 38.49 44.06 45.58
Fuel oil consumed 189.06 207.7 134.26
Purchase of power 2,321.11 2,564.61 2,570.16

Conversion charges 1,955.19 2,003.63 1,885.98


Freight and handling charges 2,260.76 2,755.08 2,883.32
Rent 33.63 46.04 75.34
Royalty 1,152.43 1,129.80 807.22
Rates and taxes 423.18 508.61 684.85
Insurance 41.77 44.06 57.18
Commission, discounts and rebates 142.67 163.98 164.35

Provision for wealth tax 2.00 2 2


Provision for doubtful debts and advances 11.15 60.53 26.05
Excise duty 134.97 80.32 106.93
Others(1) 2,150.86 2,345.78 2,420.35
Total 11,897.61 10068.2 13,633.10 2742.71 53,031.16 11408.8
Ratio 1.1817018 1 4.9706677 1 4.648268 1
8818.0431 5596.6169 13,633.10 2,742.71 13257.79 2,852.20
2016
COGS Other Expenses
441.17

726.2

2,314.95 771.65

0.4425 0.1475

36,373.76

52.56

163.35
71.0025 213.0075
486.14
39927.525 6747.42
7.8899342 1
2074.7943 336.96402

2,425.11
57.41
2,025.30
43.1
138.07
2,743.10

2,204.43
2,994.88
73.53
938.62
752.83
56.82
182.78
22.49
-47.18
1,826.77
57,291.40 8460.84
6.7713608 1
14322.85 2,115.21
BALANCE SHEET Note No. 2013 2014 2015 2016
Shareholders' Equity and Liability
Shareholders' equity 1 13023.79 33678.82 34057.87 43908.56

Current liabilities 2 4217.83 28881.05 22501.50 27554.91

Long-term debt and other liabilities 3 1193.69 20929.81 21975.03 24515.76

Total shareholders' equity and liability 18435.31 83489.68 78534.40 95979.23

Assets
Current assets 4 1496.67 11149.29 9508.47 16486.31
Property, plant and equipment, net 363.30 17327.33 17422.16 13567.15
Long-term investments 15020.75 32429.03 29477.91 35246.72
Other assets 5 1468.57 22488.90 21987.70 30537.99
Other intangible assets 86.02 95.13 138.16 141.06
Total assets 18435.31 83489.68 78534.40 95979.23

INCOME STATEMENT Note No. 2013 2014 2015 2016


Net Revenue 2689.62 30353.59 34511.27 38634.44
Cost Of Goods Sold 6 1195.67 20049.20 22319.64 20361.88
Gross Profit 1493.95 10304.39 12191.63 18272.56

Operating Expenses:
Utility expense 8 557.48 4673.67 4433.05 4361.42
Other operating expenses 7 252.62 1501.73 1121.08 1181.48
Depreciation and amortisation expenses 147.91 1504.79 1011.67 1217.97
General and administrative expenses 9 469.23 3564.96 3655.93 3541.36
Total operating expenses 1427.24 11245.15 10221.73 10302.23

Operating Income 66.71 -940.76 1969.90 7970.33


Interest income and other, net 10 -9.71 -130.88 -2.43 -2490.41
Income before taxes 56.99 -1071.65 1967.47 5479.90
Provision for income taxes 11 63.78 2147.74 -40.27 -8.02
Net income 120.77 1076.09 1927.20 5471.88

CASH FLOW STATEMENT 2013 2014 2015 2016


A. CASH FLOW FROM OPERATING ACTIVITIES
Operating cash flow before working
capital change 221.20 2947.15 4953.13 3817.20
Adjustments -28.75 -16.76 -622.05 3576.16
Cash generated from Operations 192.45 2930.39 4331.08 7393.36
Direct Taxes Paid -320.75 -98.02 -90.64 -30.82
Net Cash from Operating Activities -128.3 2832.37 4240.44 7362.54
B. CASH FLOW FROM INVESTING ACTIVITIES
Net Cash from / ( used in ) Investing Activ -312.59 -2541.68 1877.30 -6828.13
C. CASH FLOW FROM FINANCING ACTIVITIES
Net Cash from / ( used in ) Financing Activ 393.94 -505.61 -6193.95 -381.55
Net Increase or Decrease in cash Equivale -46.95 -214.92 -76.21 152.86
Cash and Cash Euivalant Opening 62.50 15.55 289.72 213.99
Add: Pursuant to Scheme of Amalgamatio- 489.09 0.48 -
Cash and Cash Euivalant Closing 15.55 289.72 213.99 366.85
Note no. Explaination
1 Shareholders' Equity = Share Capital + Reserves and Surplus
2 Current Liabilities = Short-Term Borrowings+Trade Payables+Short-Term Provisions

Long Term Debt and Other Liability = Long-Term Borrowings+Deferred Tax Liabilities (Net)
3 +Other Long Term Liabilities+Long-Term Provisions+Other Current Liabilities

Current Assets = Inventories+Trade Receivables+Cash and Bank Balances+Short-Term Loans


4 and Advances

Other Assets = Non-Current Investments+Deferred Tax Assets (Net)+Long-Term Loans and


5 Advances+Other Non-Current Assets+Other Current Assets
COGS = Cost of Materials Consumed+Purchase of Stock in Trade+Changes in Inventories of
Finished Goods+Work in Progress and Stock in Trade+Part of Employee Benefits+Part of other
6 expenses
Other Operating Expenses = Part of Employee Benefits+Part of other expenses+Depreciation
7 and Amortisation Expense
8 Utility Expense = Power and Fuel
9 General and Administrative Expense = Finance Cost
10 Interest Income and Other = Exceptional Items
11 Provision for Income Taxes = Net tax benefit/(expense)
COGS
2013 2014 2015 2016
224.59 17945.59 18849.69 17164.00

105.78 819.25 998.46 1045.24

-205.77 -556.86 263.80 131.54

138.35 442.36 496.07 474.29

932.72 1398.86 1711.62 1546.81

Total 1195.67 20049.20 22319.64 20361.88


Other Expenses
46.27 116.72 154.06 129.23
206.35 1385.01 967.02 1052.25
Total 252.62 1501.73 1121.08 1181.48
2013 2014
Employee benefit expense COGS Other Expenses COGS
Mining leases and concessions 2.9 2.9

Freehold Land 156.11 1048.22

Leasehold Land 1.94

Building(25%COGS) 60.7 182.11 1410.48

Buildings leasehold(25%COGS) - - 3.16

Aircraf 1.47
River Fleet 131.92
ship(25%COGS) 8.56 25.69 43.125
Plant and equipment 873.21 17859.37
Furniture and fixtures 3.62
Berth
Vehicles(25%COGS) 1.54 4.6 17.67
Office Equipment 8.18
Railway siding
Road and bunders 9.02
Mine reserve and development(75%COGS) 612.51
Cost of producing facilities 3864.36
Rehabilitation & decommissioning asset
Total 1103.02 368.55 24861.80
Ratio 2.99 1 3.79

Other Expenses COGS Other COGS


Consumption of stores and spare parts 159.96 365.21
Cess on crude oil, etc. 28.58
Water charges 0.16
Repairs to machinery 25.55 228.49
Repairs to building 4.41
Repairs others 2.11
Mining expenses
Excise duty 13.13
Royalty 58.46
Rates & taxes 1.84
Rent 2.97
Insurance 8.07
Conveyance and travelling expenses 1.34 4.03 4.545

Loss on sale of fixed assets (net)


Sitting fees and commission to directors 0.35
Payment to auditors 2.46
Provision for doubtful trade receivables/advances 0.07
Carriage outward 159.71 237.11
Export duty 341.95
General Expenses 19.48 58.44 197.19
Total 707.99 156.5 1061.125
Ratio 4.52 1 1.01
2014 2015 2016
Other Expenses COGS Other Expenses COGS Other Expenses
2.38 2.38

1115.61 1794.08

469.03 423.05 378.27

4231.45 1540.23 4620.69 1981.70 5945.10

9.48 3.01 9.04 2.845 8.535

1.36 1.27 1.16


142.88 136.8 136.17
129.38 36.06 108.28 34.43 103.29
17441.81 23586.03
79.97 220.25 174.78
132.79 127.67 122.55
53.01 18.74 56.22 16.64 49.92
245.99 321.2 252.47
737.52 914.05 917.23
12.72 9.85 97.92
204.17 531.9 179.7 1119 373
2533.6 3311.11
110.59 82.13 114.39
6560.34 23223.34 7210.20 31848.22 8674.79
1 3.22 1 3.67 1

Other COGS Other COGS Other


605.65 542.01

69.02 101.25 101.62


313.50 269.19
20.99 34.39 31.89
15.26 22 27.17
123.5 189.41
1.14 -6.18 -0.98
0.75 0.95 115.01
8.19 13.41 11.2
10.90 7.94 9.95
57.10 52.13 47.52
13.64 6.44 19.33 5.89 17.68

6.62 1.22
1.49 2.19 2.4
7.49 7.73 7.9
247.01
232.59 161.63
13.16 24.98
591.56 194.46 583.38 190.14 570.42
1051.16 1489.3 839.74 1383.25 941.78
1 1.77 1 1.47 1
Balance Sheet
2013 2014 2015 2016
Shareholders' Equity 32275.74 37417.61 43353.07 37385.19

Long Term Debt and Other Liability 1308.09 1714.48 2650.7 2683.09
Current Liabilities 1881.58 2544.58 2988.22 15175.56
Total Liability and Shareholders'
Equity 35465.41 41676.67 48991.99 55243.84

Assets
Current Assets 23759.64 28046.31 33203.8 37089.37
Capital Work-in-Progress 1081.85 1540.94 2004.71 2362.84
Tangible Assets 8473.69 9023.43 9329.05 9821.27
Other Assets 2140.18 2942.17 4337.32 5850.3
Intangible Assets 10.05 123.82 117.12 120.06
Total Assets 35465.41 41676.67 48992 55243.84

Cash Flow Statement


2013 2014 2015 2016
Operating cash flow before working
capital change 6540.45 6990.54 7469.46 6630.31
Adjustments -182.93 190.45 94.68 1691.2
Direct Taxes Paid -1605.83 -1644.52 -2033.44 -1821.61
Net Cash from Operating Activities 4751.69 5536.47 5530.7 6499.9
Cash flow from Financing Activities
Net Cash from / ( used in ) Investing Ac-3233.77 -4020.8 -3806.96 -3278.28

Cash flow from Financing Activities


Proceeds from Issue of Share Capital
Net Cash from / ( used in ) Financing A -1256.79 -1577.4 -1902.01 -3220.8
Net Increase or Decrease in cash Equi 261.13 -61.73 -178.27 0.86
Cash and Cash Euivalant Opening 29.05 290.18 228.45 50.18
Cash and Cash Euivalant Closing 290.18 228.45 50.18 51.04

Income Statement
2013 2014 2015 2016
Net Revenue 14731.99 15535.43 17609.44 16955.86
COGS 12097.72 13444.69 14408.35 15585.87
Gross Margin 2634.27 2090.74 3201.09 1369.99
Other Income/Loss 10108.68 11650.67 12499.25 13865.46
Other Expenses 4887.77 5648.36 6124.6 6564.85
Profit before Intrests and taxes tax 7855.18 8093.05 9575.74 8670.6
Net Taxes 955.70 1188.43 1397.74 505.01
profit after tax 6899.48 6904.62 8178 8166.58

Explaination
Shareholders' Equity = Share Capital + Reserves and Surplus
Current Liabilities = Short-Term Borrowings+Trade Payables+Short-Term Provisions
Long Term Debt and Other Liability = Long-Term Borrowings+Deferred Tax Liabilities (Net)+Other Long Term Liabilities+Long-Te
Current Assets = Inventories+Trade Receivables+Cash and Bank Balances+Short-Term Loans and Advances
Other Assets = Non-Current Investments+Deferred Tax Assets (Net)+Long-Term Loans and Advances+Other Non-Current Asset
COGS = Cost of Materials Consumed+Purchase of Stock in Trade+Changes in Inventories of Finished Goods+Work in Progress an
Other Income/Loss = Compensation +Foreign gain/loss+ Adjustments pertaining to Earlier Years
Other Expenses= Part of Employee Benefits+Part of other expenses+Depreciation and Amortisation Expense
Interest Expense = Financial Cost
Taxes = Current Tax+Deferred Tax+MAT Credit+Earlier Years
Gross block column needed 2013 2014
Employee Benefit Expenses COGS Other Expenses COGS Other Expenses
Freehold Land 107.62 178.86
Leasehold Land 102.45 160.84

Building 1,095.99 1,177.34


Railway siding 10.63 10.63

Mine Development expenditure 116.19 391.53


Plandt and Equipment 10,588.89 11,295.07
Furniture and Fixtures 22.53 23.09
Vehicles 26.71 28.15
Office Equipment 26.71 179.18
Total 11711.59 386.13 12500.56 944.13

Ratio 30.33 1 13.24 1


Other Expenses
Consumption of stores and spare parts 1,175.07 1,333.55
Power, fuel & water 1070.46 1,155.13
Machinery repairs 666.32 816.95

Building repairs 27.55 30.67


Other repairs 1.66 1.58
Carriage inward 139.47 188.46
Mine expenses 199.49 304.92
Excise duty* 8.04 -1.57
Royalty (net) 919.94 1,027.25

Other manufacturing and operating expenses 161.68 216


Rent 1.58 1.47
Rates and taxes 12.56 1.61
Insurance 25.38 23.09
Conveyance and travelling expenses 23 33.03
Directors' sitting fees 0.41 0.57
Miscellaneous expenses 141.38 145.52
Payment to statutory auditors 1.76 1.89
Watch and ward 20.72 21.87
Grass root exploration expense 55.11 71.14
Research and development expenses 3.12 3.27
Donation 4.99 4.68
Carriage outward 206.91 219.84
Other selling expenses 1.91 28.56
Loss on sale of fixed assets (net) 19.26 18.88
Net loss on foreign currency transactions
Total 2,797.08 1424.37 3,967.92 1680.44

ther Long Term Liabilities+Long-Term Provisions+Other Current Liabilities


and Advances
dvances+Other Non-Current Assets+Other Current Assets
nished Goods+Work in Progress and Stock in Trade+Part of Employee Benefits+Part of other expenses

tisation Expense
2015 2016 COGS
COGS Other Expenses COGS Other Expenses 2013 2014 2015 2016
229.78 257.68 11,684.88 12,472.41 13,188.97 13634.23
172.3 150.2 210.07 339.7 402.08 407.88

1,267.33 1338.63 149.35 425.25 602.46 1310.89


59.88 84.86 26.71 179.18 186.67 201.12

516.1 1,197.47 26.71 28.15 28.17 31.75


11,921.64 12,295.60 12,097.72 13444.69 14408.35 15585.87
26.48 28.56 Other Expenses
28.17 31.75 2284.24 3424.42 3788.62 3946.14
186.67 201.12 1419.12 1648.52 1713.67 1986.17
13217.14 1191.21 13665.98 1919.89 512.84 543.5 613.52 622.08
5.25 31.92 8.79 10.46
11.09 1 7.11 1 4221.45 5648.36 6124.60 6564.85

1,244.85 1,038.81
1,168.48 1,403.61
897.18 967.1

35.81 39.82
1.56 2
219.21 204.18
311.75 381.94
12.67 -5.56
1,371.88 1,644.71

238.9 255.7
1.74 2.88
1.92 4.47
18.2 15.54
37.96 31.92
0.65 0.78
141.31 193.72
2.02 2.21
22.9 23.29
79.11 66.58
5.04 4.61
0.03
254.26 269.2
5.03 5.37
3.31 11.97
48.83
4,402.14 1722.46 4,568.22 1996.63
Balance Sheet.
Particulars 2016 2015 2014
Current Liabilities: 3,040.87 1,989.00 34,14,95,037
Non-current Liabilities: 193.66 149.10 4,35,770
Owners Equity 30,111.04 32,331.74 (8,49,53,175)
TOTAL 33,345.57 34,469.84 25,69,77,632
ASSETS:
CURRENT ASSETS: 19,276.08 23,889.76 1,71,05,312
NON-CURRENT ASSETS:
Tangible Assets 1,638.48 1,243.14 2,39,46,872
Intangible Assets 268.49 90.55 1,14,82,404
Capital Work in Progress 9,722.88 7,710.03 20,44,40,494
Non-current investments 695.41 561.93
Long term Loans and Advances 1,739.17 969.06 2,550
Other non-current assets 5.06 5.37 Nil
14,069.49 10,580.08 23,98,72,320
TOTAL 33,345.57 34,469.84 25,69,77,632

CASH FLOW FROM OPERATING ACTIVITIE 2016 2015 2014


(Rs. In crore) (Rs. In crore) (Rs. In crore)
Profit before tax from continuing operations 4,506.01 9,768.51 (74,08,141)
Net Cash Flow from Operating Activities 3,374.63 4,007.22 12,84,28,812
Net Cash flow from Investing Activities 2,525.72 1,686.82 (11,22,19,993)
Net cash used in Financing Activities (6,054.57) (3,449.30) 0
NET INCREASE IN CASH AND CASH (154.22) 1,62,08,819
Cash & Cash equivalents at the beginning of the ye 188.69 5,680.95 1,50,676
Components of Cash & Cash equivalents: 34.47 7,925.69 1,63,59,495

Income Statement 2016 2015 2014

Total Revenue 8,230.19 14,621.81 14,152.72


COGS 3,539.40 4,740.29 4,437.24
Gross Margin 4690.79 9881.52 9715.48
Other Income/Loss 3,028.33 6,421.86 6,420.08
Other Expenses 1,289.70 2,092.79 2,198.84
Profit/Loss Before Tax 4,506.01 9,768.51 9,760.96
Interest Expense 1,477.19 3,346.21 3,339.72
PBT 3,028.82 6,422.30 6,421.24
Tax EX
PAT 3,028.33 6,421.86 6,420.08
2013
30,28,090
2,62,37,220
-25765760
34,99,550

34,99,550

nil

34,99,550

2013
(Rs. In crore)
(95,72,865)
9,43,19,185
(9,49,73,298)
0
(6,54,113)
8,04,789
1,50,676

2013

12,943.14
3,480.79
9462.35
6,342.37
1,634.52
9,462.35
3,121.85
6,340.50

6,342.37
Balance Sheet
Note No. 2013 2014 2015 2016
Shareholders' Equity 1 19937.37 24284.18 25724.6 21752.96

Current Liabilities 15559.92 20671.6 20411.44 21733.76

Long Term Debt and Other Liability 3 19118.06 23469.9 28756.36 28279.72

Total Liability and Shareholders' Equity 54615.35 68425.68 74892.4 71766.44


Assets
Current Assets 4 14322.34 14998.81 19023.96 13698.8
Capital Work-in-Progress 5033.97 6789.66 7593.85 48476.06
Tangible Assets 27604.47 37225.12 38497.56 6203.54
Other Assets 5 7620.25 9342.13 9705.2 3152.26
Intangible Assets 34.32 69.96 71.83 235.78
Total Assets 54615.35 68425.68 74892.4 71766.44

Cash Flow Statement


Note No. 2013 2014 2015 2016
Cash flow from Operating Activities

Operating cash flow before working capital change 5354.42 6716.55 8343.41 5654.73
Adjustments -947.48 1089.58 -1272.14 -1885.78
Cash generated from Operations 3924.66 5274.18 -710.79 5176.79
Direct Taxes Paid -482.28 -352.79 7071.27 -477.94
Net Cash from Operating Activities 7849.32 12727.52 13431.75 8467.8
Cash flow from Financing Activities
Net Cash from / ( used in ) Investing Activities -4451.23 -4737.54 4168.95 -5030.42

Cash flow from Financing Activities


Proceeds from Issue of Share Capital
Net Cash from / ( used in ) Financing Activities
Net Increase or Decrease in cash Equivalent -402.59 220.43 386.16 386.16
Cash and Cash Euivalant Opening 605.66 203.07 423.5 423.5
Cash and Cash Euivalant Closing 203.07 423.5 809.66 809.66
Income Statement
Note No. 2013 2014 2015 2016
Net Revenue 35752.69 45628.77 46554.09 37017.11
COGS 6 34028.21 42888.64 43646.09 34419.77
Gross Margin 1724.48 2740.13 2908.69 2687.34

Other Income/Loss 7 331.05 331.05 466.77 310.19

Other Expenses 8 6084.11 8759.02 10204.54 9745.31


PBIT 2871.33 3647.63 3645.22 793.92
Interest Expense 9 367.21 1692.3 3248.92 -4272.61
PBT 2504.12 1955.33 396.3 -5066.53
Taxes 10 702.9 620.82 1082.44 -1568.25
PAT 1801.22 1334.51 2166.48 -3498.28