JINDAL POWER AND STEEL

PROFIT AND LOSS ACCOUNT

12'Mar 13'Mar 14'Mar 15'Mar 16'Mar

12 mths 12 mths 12 mths 12 mths 12 mths

INCOME
Revenue From Operations [Gross] 14,618.11 16,729.82 16,209.17 14,543.67 13,832.13
Less: Excise/Sevice Tax/Other Levies 1,407.86 1,931.14 1,780.44 1,261.38 1,314.51
Revenue From Operations [Net] 13,210.25 14,798.68 14,428.73 13,282.29 12,517.62
Other Operating Revenues 123.7 156.02 115.29 108.06 30.77
Total Operating Revenues 13,333.95 14,954.70 14,544.02 13,390.35 12,548.39
Other Income 184.48 159.28 146.85 296.44 304.07
Total Revenue 13,518.43 15,113.98 14,690.87 13,686.79 12,852.46
EXPENSES
Cost Of Materials Consumed 4,529.84 4,943.30 4,265.71 4,371.56 5,070.99
Purchase Of Stock-In Trade 452.75 286.58 273.31 284.69 241.36
Changes In Inventories Of FG,WIP And Stock-In Trade -379.24 -148.2 386.03 -153.72 314.66
Employee Benefit Expenses 385.44 447.89 552.32 650.52 537.25
Finance Costs 536.77 820.77 1,083.63 2,048.20 2,648.93
Depreciation And Amortisation Expenses 867.19 1,048.46 1,221.44 1,785.56 1,492.10
Other Expenses 4,282.67 5,486.68 5,307.79 5,240.64 5,280.71
Less: Inter Unit / Segment / Division Transfer 0.00 0 0 709.02 1,073.82
Total Expenses 10,675.42 12,885.48 13,090.23 13,518.43 14,512.18
 12'Mar 13'Mar 14'Mar 15'Mar 16'Mar

Profit/Loss Before Exceptional, ExtraOrdinary Items And Tax 2,843.01 2,228.50 1,600.64 168.36 -1,659.72
Exceptional Items 0 0 0 -807.77 0
Profit/Loss Before Tax 2,843.01 2,228.50 1,600.64 -639.41 -1,659.72
Tax Expenses-Continued Operations
Current Tax 542.88 488.8 308.2 0 0
Less: MAT Credit Entitlement 0 0 130.01 665 0
Deferred Tax 189.48 147.15 0 369.53 -640.84
Other Direct Taxes 0 0 130.5 0 0
Tax For Earlier Years 0 0 0 -33.26 0
Total Tax Expenses 732.36 635.95 308.69 -328.73 -640.84
Profit/Loss After Tax And Before ExtraOrdinary Items 2,110.65 1,592.55 1,291.95 -310.68 -1,018.88
Profit/Loss From Continuing Operations 2,110.65 1,592.55 1,291.95 -310.68 -1,018.88
Profit/Loss For The Period 2,110.65 1,592.55 1,291.95 -310.68 -1,018.88
12-Mar 13-Mar 14-Mar 15-Mar 16-Mar

12 mths 12 mths 12 mths 12 mths 12 mths

OTHER ADDITIONAL INFORMATION

EARNINGS PER SHARE
Basic EPS (Rs.) 22.58 17.04 13.89 -3.4 -11.14
Diluted EPS (Rs.) 22.58 17.04 13.89 -3.4 -11.14
VALUE OF IMPORTED AND INDIGENIOUS RAW MATERIALS
Imported Raw Materials 2,313.88 2,272.98 1,919.05 1,559.00 0.00
Indigenous Raw Materials 2,215.96 2,670.32 2,346.66 2,812.56 0.00
STORES, SPARES AND LOOSE TOOLS
Imported Stores And Spares 185.68 362.51 322.74 328.13 0
Indigenous Stores And Spares 1,271.49 1,336.15 1,515.50 1,254.99 0.00
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend 149.46 149.57 137.23 0 0
Tax On Dividend 3.15 3.32 1.22 0 0
Equity Dividend Rate (%) 160 160 150 0 0
Rearranged P&L Account 12'Mar 13'Mar 14'Mar 15'Mar 16'Mar
Revenue from Operations (Net) 13210.25 14798.68 14428.73 13282.29 12517.62
Less: COGS
Cost of Materials Consumed 4529.84 4943.30 4265.71 4371.56 5070.99
Purchase of Stock-in-Trade 452.75 286.58 273.31 284.69 241.36
Change in stock -379.24 -148.20 386.03 -153.72 314.66
Employee Benefits Expense 385.44 447.89 552.32 650.52 537.25
COGS 4988.79 5529.57 5477.37 5153.05 6164.26
GROSS PROFIT 8221.46 9269.11 8951.36 8129.24 6353.36
OTHER EXPENSES 4282.67 5486.68 5307.79 4531.62 4206.89
CASH OPREATING PROFIT 3938.79 3782.43 3643.57 3597.62 2146.47
Depreciation and Amortisation Expense 867.19 1048.46 1221.44 1785.56 1492.10
OPERATING PROFIT 3071.60 2733.97 2422.13 1812.06 654.37
NON OPERATING INCOME:
Other Income 184.48 159.28 146.85 296.44 304.07
Other Operating Revenues 123.70 156.02 115.29 108.06 30.77
EXCEPTIONAL ITEM 0.00 0.00 0.00 -807.77 0.00
NON OPERATING EXPENSE:
Finance Costs 536.77 820.77 1083.63 2048.20 2648.93
PBT 2843.01 2228.50 1600.64 -639.41 -1659.72
TAX EXPENSE 732.36 635.95 178.19 -328.73 -640.84
Other Direct Taxes 0.00 0.00 130.50 0.00 0.00
PAT 2110.65 1592.55 1291.95 -310.68 -1018.88
COMMON SIZE INCOME STATEMENT 12'Mar 13'Mar 14'Mar 15'Mar 16'Mar
Revenue from Operations (Net) 100 100 100 100 100
Less: COGS 0 0 0 0 0
Cost of Materials Consumed 34.29034 33.40365 29.564 32.9127 40.51082
Purchase of Stock-in-Trade 3.427263 1.936524 1.894207 2.14338 1.928162
Change in stock -2.8708 -1.00144 2.675426 -1.15733 2.513737
Employee Benefits Expense 2.917734 3.026554 3.827918 4.897649 4.29195
COGS 37.76454 37.36529 37.96155 38.7964 49.24466
GROSS PROFIT 62.23546 62.63471 62.03845 61.2036 50.75534
OTHER EXPENSES 32.4193 37.07547 36.78626 34.11776 33.60775
CASH OPREATING PROFIT 29.81617 25.55924 25.25219 27.08584 17.14759
Depreciation and Amortisation Expense 6.564524 7.084821 8.465333 13.44316 11.92
OPERATING PROFIT 23.25164 18.47442 16.78686 13.64268 5.227591
NON OPERATING INCOME: 0 0 0 0 0
Other Income 1.396491 1.076312 1.017761 2.231844 2.429136
Other Operating Revenues 0.936394 1.054283 0.799031 0.813565 0.245814
EXCEPTIONAL ITEM 0 0 0 -6.08156 0
NON OPERATING EXPENSE: 0 0 0 0 0
Finance Costs 4.063284 5.546238 7.510224 15.42053 21.16161
PBT 21.52124 15.05878 11.09342 -4.814 -13.2591
TAX EXPENSE 5.543877 4.297343 1.234967 -2.47495 -5.1195
Other Direct Taxes 0 0 0.904446 0 0
PAT 15.97737 10.76143 8.954011 -2.33905 -8.13957
INDEXED STATEMENT 12'Mar 13'Mar 14'Mar 15'Mar 16'Mar
Revenue from Operations (Net) 100 112.0242 109.2237 100.5453 94.75687
Less: COGS #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Cost of Materials Consumed 100 109.1275 94.16911 96.50584 111.9463
Purchase of Stock-in-Trade 100 63.29763 60.36665 62.88018 53.30977
Change in stock 100 39.07816 -101.79 40.5337 -82.9712
Employee Benefits Expense 100 116.2023 143.296 168.7733 139.3862
COGS 100 110.8399 109.7936 103.2926 123.5622
GROSS PROFIT 100 112.7429 108.878 98.8783 77.27776
OTHER EXPENSES 100 128.1135 123.9365 105.813 98.23054
CASH OPREATING PROFIT 100 96.03025 92.5048 91.3382 54.49567
Depreciation and Amortisation
Expense 100 120.9031 140.8503 205.9018 172.0615
OPERATING PROFIT 100 89.00801 78.85565 58.99401 21.30388
NON OPERATING INCOME: #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Other Income 100 86.33998 79.60212 160.6895 164.8255
Other Operating Revenues 100 126.1277 93.20129 87.35651 24.8747
EXCEPTIONAL ITEM #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
NON OPERATING EXPENSE: #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Finance Costs 100 152.9091 201.8798 381.5787 493.4944
PBT 100 78.38523 56.30089 -22.4906 -58.379
TAX EXPENSE 100 86.83571 24.33093 -44.8864 -87.5034
Other Direct Taxes #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
PAT 100 75.45306 61.211 -14.7196 -48.2733
 BALANCE SHEET

12'Mar 13'Mar 14'Mar 15'Mar 16'Mar

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 93.48 93.48 91.49 91.49 91.49
Total Share Capital 93.48 93.48 91.49 91.49 91.49
Reserves and Surplus 10,751.93 12,254.59 12,972.84 12,419.72 11,349.98
Total Reserves and Surplus 10,751.93 12,254.59 12,972.84 12,419.72 11,349.98
Total Shareholders Funds 10,845.41 12,348.07 13,064.33 12,511.21 11,441.47
NON-CURRENT LIABILITIES
Long Term Borrowings 8,493.92 11,860.92 13,520.78 18,507.42 16,411.56
Deferred Tax Liabilities [Net] 1,067.81 1,214.96 1,345.46 1,658.59 1,017.75
Other Long Term Liabilities 141.24 560.58 695.11 244.52 318.64
Long Term Provisions 18.72 20.94 19.59 31.89 27.81
Total Non-Current Liabilities 9,721.69 13,657.40 15,580.94 20,442.42 17,775.76
CURRENT LIABILITIES
Short Term Borrowings 5,878.54 7,640.02 9,146.13 7,607.63 7,503.47
Trade Payables 998.31 628.2 1,637.34 1,443.02 1,947.35
Other Current Liabilities 3,661.53 2,584.39 3,454.95 4,073.07 6,832.89
Short Term Provisions 2,452.63 2,951.85 3,265.97 92.88 38.47
Total Current Liabilities 12,991.01 13,804.46 17,504.39 13,216.60 16,322.18
Total Capital And Liabilities 33,558.11 39,809.93 46,149.66 46,170.23 45,539.41
ASSETS
NON-CURRENT ASSETS
Tangible Assets 11,532.30 14,142.18 18,192.32 27,134.69 27,075.79
Intangible Assets 16.71 14.01 67.01 80.39 83.36
Capital Work-In-Progress 10,479.86 11,466.12 11,640.25 3,532.77 5,652.98
Intangible Assets Under Development 14.1 17.82 22.92 30.35 32.75
Fixed Assets 22,042.97 25,640.13 29,922.50 30,778.20 32,844.88
Non-Current Investments 1,412.17 1,330.72 1,350.52 1,486.96 1,505.34
Long Term Loans And Advances 997.1 1,225.46 1,615.71 2,315.91 1,817.92
Other Non-Current Assets 4.63 0.55 0.63 1.08 16.67
Total Non-Current Assets 24,456.87 28,196.86 32,889.36 34,582.15 36,184.81
CURRENT ASSETS
Current Investments 0 0 0 1,000.00 0
Inventories 3,051.31 3,598.52 3,936.25 3,720.03 2,420.93
Trade Receivables 905.06 1,426.13 1,460.96 1,321.27 830.86
Cash And Cash Equivalents 30.94 36.77 762 288.97 331.94
Short Term Loans And Advances 4,806.29 5,943.54 6,543.65 4,504.04 4,861.79
OtherCurrentAssets 307.64 608.11 557.44 753.77 909.08
Total Current Assets 9,101.24 11,613.07 13,260.30 11,588.08 9,354.60
Total Assets 33,558.11 39,809.93 46,149.66 46,170.23 45,539.41
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 11,184.81 13,356.75 15,349.60 15,057.15 14,700.97
CIF VALUE OF IMPORTS
Raw Materials 2,952.18 2,530.45 1,976.38 2,029.79 0
Stores, Spares And Loose Tools 171.98 248.74 277.43 243.27 0
Capital Goods 865.22 673.78 1,345.97 214.4 0
EXPENDITURE IN FOREIGN EXCHANGE
Expenditure In Foreign Currency 256.83 177.35 108.25 241.49 206.38
REMITTANCES IN FOREIGN CURRENCIES FOR DIVIDENDS
Dividend Remittance In Foreign Currency 0 0 0 0 0
EARNINGS IN FOREIGN EXCHANGE
FOB Value Of Goods 1,428.84 1,598.53 2,832.02 1,661.75 658.84
Other Earnings 0 22.6 0 1.72 0
BONUS DETAILS
Bonus Equity Share Capital 77.57 77.57 77.57 77.57 77.57
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted Market Value 0 0 0 0 0
Non-Current Investments Unquoted Book Value 1,412.17 1,671.81 1,691.61 1,828.05 1,846.43
CURRENT INVESTMENTS
Current Investments Quoted Market Value 0 0 0 1,018.13 0
Current Investments Unquoted Book Value 0 0 0 0 0
Rearranged Balance Sheet 12'Mar 13'Mar 14'Mar 15'Mar 16'Mar
Fixed Assets
Tangible Assets 11532.30 14142.18 18192.32 27134.69 27075.79
Intangible Assets 30.81 31.83 89.93 110.74 116.11
Capital Work-In-Progress 10479.86 11466.12 11640.25 3532.77 5652.98
Non-Current Investments 1412.17 1330.72 1350.52 1486.96 1505.34
Other Non Current Assets
Deffered Tax Assets[Net]
Long Term Loans And Advances 997.10 1225.46 1615.71 2315.91 1817.92
Other Non-Current Assets 4.63 0.55 0.63 1.08 16.67
Current Assets
Inventories 3051.31 3598.52 3936.25 3720.03 2420.93
Trade Receivables 905.06 1426.13 1460.96 1321.27 830.86
Cash And Bank Balances 30.94 36.77 762.00 288.97 331.94
Other Current Assets* 5,113.93 6,551.65 7,101.09 6,257.81 5,770.87
Total assets 33558.11 39809.93 46149.66 46170.23 45539.41
Less: Current liabilities
Trade Payables 998.31 628.2 1,637.34 1,443.02 1,947.35
Other Current Liabilities 3,661.53 2,584.39 3,454.95 4,073.07 6,832.89
Short-term Provisions 2,452.63 2,951.85 3,265.97 92.88 38.47
Capital employed 26,445.64 33,645.49 37,791.40 40,561.26 36,720.70
Less: long term liabilities
Long-term Borrowings 8,493.92 11,860.92 13,520.78 18,507.42 16,411.56
Other Long-term Liabilities*: 1,227.77 1,796.48 2,060.16 1,935.00 1,364.20
Shareholders fund 22,025.81 25,667.75 27,957.34 19,035.54 18,463.62
Share Capital 93.48 93.48 91.49 91.49 91.49
Reserves and Surplus 10,751.93 12,254.59 12,972.84 12,419.72 11,349.98
Total Liabilities 33558.11 39809.93 46149.66 46170.23 45539.41
Common size 12'Mar 13'Mar 14'Mar 15'Mar 16'Mar
Fixed assets: 0 0 0 0 0
Tangible Assets 34.37 35.52 39.42 58.77 59.46
Intangible Assets 0.09 0.08 0.19 0.24 0.25
Capital Work-in-Progress 31.23 28.80 25.22 7.65 12.41
Non-current Investments 4.21 3.34 2.93 3.22 3.31
Other Non-current Assets: 0.00 0.00 0.00 0.00 0.00
Deferred Tax Assets [Net] 0.00 0.00 0.00 0.00 0.00
Long-term Loans and
Advances 2.97 3.08 3.50 5.02 3.99
Other Non-current Assets 0.01 0.00 0.00 0.00 0.04
Current assets: 72.88 70.83 71.27 74.90 79.46
Inventories 9.09 9.04 8.53 8.06 5.32
Trade Receivables 2.70 3.58 3.17 2.86 1.82
Cash and Bank Balances 0.09 0.09 1.65 0.63 0.73
Other current assets* 15.24 16.46 15.39 13.55 12.67
Total assets 100.00 100.00 100.00 100.00 100.00
Less: Current liabilities #REF! #REF! #REF! #REF! #REF!
Trade Payables 2.97 1.58 3.55 3.13 4.28
Other Current Liabilities 10.91 6.49 7.49 8.82 15.00
Short-term Provisions 7.31 7.41 7.08 0.20 0.08
Capital employed 78.81 84.52 81.89 87.85 80.63
Less: long term liabilities #REF! #REF! #REF! #REF! #REF!
Long-term Borrowings 25.31 29.79 29.30 40.09 36.04
Other Long-term Liabilities*: 3.66 4.51 4.46 4.19 3.00
Shareholders fund 65.63 64.48 60.58 41.23 40.54
Share Capital 0.28 0.23 0.20 0.20 0.20
Reserves and Surplus 32.04 30.78 28.11 26.90 24.92
Total Laibilities 100.00 100.00 100.00 100.00 100.00
Indexed Statement 12'Mar 13'Mar 14'Mar 15'Mar 16'Mar
Fixed assets:
Tangible Assets 100 103.3729 114.71 171.019 173.0116
Intangible Assets 100 87.08654 212.2472 261.2452 277.7078
Capital Work-in-Progress 100 92.22891 80.76735 24.50165 39.74954
Non-current Investments 100 79.43388 69.54134 76.53283 78.55208
Other Non-current Assets: #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Deferred Tax Assets [Net] #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
Long-term Loans and
Advances 100 103.6016 117.8294 168.8179 134.3526
Other Non-current Assets 100 10.01354 9.894379 16.95424 265.3168
Current assets: 100 97.1865 97.78754 102.7748 109.0274
Inventories 100 99.41311 93.80486 88.61262 58.46635
Trade Receivables 100 132.8274 117.3789 106.1084 67.64887
Cash and Bank Balances 100 100.1796 1790.868 678.8407 790.5865
Other current assets* 100 107.9946 100.9716 88.94121 83.15658
Total assets 100 100 100 100 100
Less: Current liabilities #REF! #REF! #REF! #REF! #REF!
Trade Payables 100 53.04428 119.2621 105.0612 143.7437
Other Current Liabilities 100 59.49789 68.61328 80.85274 137.5156
Short-term Provisions 100 101.4538 96.82982 2.752489 1.155847
Capital employed 100 107.2454 103.9125 111.4789 102.3215
Less: long term liabilities #REF! #REF! #REF! #REF! #REF!
Long-term Borrowings 100 117.7108 115.7504 158.3701 142.3809
Other Long-term Liabilities*: 100 123.3421 122.0149 114.5511 81.87873
Shareholders fund 100 98.23404 92.29814 62.81578 61.77248
Share Capital 100 84.29583 71.16786 71.13615 72.12154
Reserves and Surplus 100 96.07678 87.73596 83.95776 77.7891
Total Liabilities 100 100 100 100 100