Liabilities Amount Amount Absolute +/Percnt +/-

(Rs.) 1995 (Rs.) 1994

Share Capital 125 120 5 4%
Reserves & Surplus 225 230 -5 -2%
Accounts Payable 10 12 -2 -17%
overdraf 29 23 6 26%
Total 389 385 4 1%

Assets Amount Amount

(Rs.)1995 (Rs.)1994
Building 120 101 19 19%
Plant 230 224 6 3%
Cash 20 11 9 82%
Accounts Receivabl 19 49 -30 -61%
Total 389 385 4 1%

Alpha Ltd.

Liabilities
2001 2002
Share Capital 120 125
Reserves & Surplus 230 25
Short term borrowi 5 1
Long term borrowin 12 10
Fixed deposit 23 29
creditors 3 4
Accounts Payable 4 3
Tax provision 2 2
Overdraf 1 4
Total 400 203
Assets
2001 2002
Building 101 115
Plant 224 30
Capital WIP 11 20
Investments 45 19
Debtors 10 2
Accrued Income 1 3
Advances 1 2
Advance payment of 1 1
Accounts Receivabl 3 3
Cash in bank 1 4
Cash in hand 2 4
Total 400 203
Rs. 1995 1994 AbsolutePercnt +/-

Sales 1200 1300 -100 -8%

CoGS 600 975 -375 -38%
Advertising 120 100 20 20%
Loss on sale of assets 268 110 158 144%
Profit/Loss 212 115 97 84%

Rs Rs
2001 2002
Sales 1300 1200
Dividend received 2 3
Interest earned 3 2
CoGS 925 1109
Advertising 12 15
Loss on sale of assets 120 100
Miscellaneous Expens 10 9
Marketing expenses 12 10
Repairs 23 25
Salaries 26 24
Depreciation 2 1
Interest 3 2
Profit/Loss 172 -90
 Commonsize statement

Liabilities Amount Common S

(Rs.) 1995
Share Capital 125 32%
Reserves & Surplus 225 58%
Accounts Payable 10 3%
overdraf 29 7%
389 100%

Assets Amount
(Rs.)1995
Building 120 31%
Plant 230 59%
Cash 20 5%
Accounts Receivables 19 5%
389 100%

Alpha Ltd.

Liabilities
2001
Share Capital 120
Reserves & Surplus 230
Short term borrowings 5
Long term borrowings 12
Fixed deposit 23
creditors 3
Accounts Payable 4
Tax provision 2
Overdraf 1
Total 400
Assets
2001
Building 101
Plant 224
Capital WIP 11
Investments 45
Debtors 10
Accrued Income 1
Advances 1
Advance payment of ta 1
Accounts Receivables 3
Cash in bank 1
Cash in hand 2
Total 400
 1995
Rs. CS

Sales 1200 100%

CoGS 600 50%
Advertising 120 10%
Loss on sale of assets 268 22%
Profit/Loss 212 18%

Rs
2001
Sales 1300
Dividend received 2
Interest earned 3
CoGS 925
Advertising 12
Loss on sale of assets 120
Miscellaneous Expenses 10
Marketing expenses 12
Repairs 23
Salaries 26
Depreciation 2
Interest 3
Profit/Loss 172
Trend percentage=(present year value/base year value)*100

Liabilities AmountAmountAmountAmount
1995 1994 1993 1992
Share Capital 125 120 120 120
Reserves & Surplus 225 230 180 150
Accounts Payable 10 12 11 8
overdraf 29 23 4 11
389 385 315 289

Assets AmountAmountAmountAmount
1995 1994 1993 1992
Building 120 101 95 89
Plant 230 224 189 163
Cash 20 11 13 14
Accounts Receivables 19 49 22 23
389 385 319 289

Alpha Ltd.
Base year is 2000

Liabilities
2002 2001 2000
Share Capital 120 125 125
Reserves & Surplus 230 25 10
Short term borrowings 5 1 2
Long term borrowings 12 10 9
Fixed deposit 23 29 13
creditors 3 4 2
Accounts Payable 4 3 2
Tax provision 2 2 1.5
Overdraf 1 4 2.5
Total 400 203 167
Assets
2002 2001 2000
Building 101 115 100
Plant 224 30 23
Capital WIP 11 20 23
Investments 45 19 11
Debtors 10 2 2.5
Accrued Income 1 3 1.5
Advances 1 2 1.5
Advance payment of tax 1 1 1
Accounts Receivables 3 3 0.5
Cash in bank 1 4 2
Cash in hand 2 4 1
Total 400 203 167

Rs Rs
2002 2001 2000
Sales 1300 1200 1100
Dividend received 2 3 2
Interest earned 3 2 1
CoGS 925 1109 908
Advertising 12 15 9
Loss on sale of assets 120 100 81
Miscellaneous Expenses 10 9 5
Marketing expenses 12 10 4
Repairs 23 25 19
Salaries 26 24 13
Depreciation 2 1 0.5
Interest 3 2 1.5
Profit/Loss 172 -90 62
Trend Trend Trend Trend
1995 1994 1993 1992 Rs.
104 100 100 100
150 153 120 100 Sales
125 150 138 100 CoGS
264 209 36 100 Advertis
135 133 109 100 Loss on s
Profit/L
Trend Trend Trend Trend
1995 1994 1993 1992
135 113 107 100
141 137 116 100
143 79 93 100
83 213 96 100
135 133 110 100
 1995 1994 1993 1992 1995 1994 1993 1992
Amount Amount Amount Amount Trend Trend Trend Trend
1200 1300 900 800 150 163 113 100
600 975 689 567 106 172 122 100
120 100 78 89 135 112 88 100
268 110 76 65 412 169 117 100
212 115 57 79 268 146 72 100
Reliance Industries Standalone Balance Sheet
------------------- in Rs. Cr. -------------------
Mar 17 16-Mar 15-Mar

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 3,251 3,240 3,236
Total Reserves and Surplus 285,062 236,936 212,923
Total Shareholders Funds 288,313 240,184 216,176
NON-CURRENT LIABILITIES
Long Term Borrowings 78,723 77,866 76,227
Deferred Tax Liabilities [Net] 24,766 13,159 12,677
Long Term Provisions 2,118 1,489 1,404
Total Non-Current Liabilities 105,607 92,514 90,308
CURRENT LIABILITIES
Short Term Borrowings 22,580 14,490 12,914
Trade Payables 68,161 54,521 54,470
Other Current Liabilities 60,817 54,841 19,063
Short Term Provisions 1,268 1,170 4,854
Total Current Liabilities 152,826 125,022 91,301
Total Capital And Liabilities 546,746 457,720 397,785
ASSETS
NON-CURRENT ASSETS
Tangible Assets 136,882 91,477 79,778
Intangible Assets 16,248 39,933 34,785
Capital Work-In-Progress 128,283 97,296 65,178
Intangible Assets Under Development 5,906 9,583 10,575
Non-Current Investments 140,544 112,630 62,058
Long Term Loans And Advances 10,418 16,237 29,259
Other Non-Current Assets 2,184 0 0
Total Non-Current Assets 440,465 367,156 281,633
CURRENT ASSETS
Current Investments 51,906 39,429 50,515
Inventories 34,018 28,034 36,551
Trade Receivables 5,472 3,495 4,661
Cash And Cash Equivalents 1,754 6,892 11,571
Short Term Loans And Advances 8,272 11,938 12,307
OtherCurrentAssets 4,859 776 547
Total Current Assets 106,281 90,564 116,152
Total Assets 546,746 457,720 397,785
Reliance Industries Standalone Profit & Loss account
Rs. Cr.
Mar 17 16-Mar 15-Mar
12 mths 12 mths 12 mths
INCOME
Total Operating Revenues 242,025 233,158 329,076
Other Income 8,709 7,582 8,721
Total Revenue 250,734 240,740 337,797
EXPENSES
Cost Of Materials Consumed 164,250 152,769 255,998
Purchase Of Stock-In Trade 5,161 4,241 7,134
Operating And Direct Expenses 18,255 17,328 19,693
Changes In Inventories Of FG,WIP And St -4,839 4,171 1,943
Employee Benefit Expenses 4,434 4,260 3,686
Finance Costs 2,723 2,454 2,367
Depreciation And Amortisation Expenses 8,465 9,566 8,488
Other Expenses 11,508 10,250 9,020

Total Expenses 209,957 205,039 308,329

Profit/Loss Before Tax 40,777 35,701 29,468

Total Tax Expenses 9,352 8,284 6,749
Profit/Loss After Tax And Before ExtraOr 31,425 27,417 22,719
Profit/Loss For The Period 31,425 27,417 22,719
 EVA = Net Operating Profit Afer Taxes (NOPAT) - Invested Capital * Weighted
It is in amount. It is for a time period or project.
EVA= Income-Cost
Change in EVA over a time period should be analyzed.

Operating Profit is Rs 200

Tax rate is 25%
Invested Capital is Rs 1000
WACC is 14%

NOPAT= 150
EVA= 10

Calculate EVA for 2015,2016,2017

WACC is 14%
Tax rate is 25%
Reliance Industries Standalone Balance Sheet
------------------- in Rs. Cr. -------------------
Mar 17 16-Mar 15-Mar

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 3,251 3,240 3,236
Total Reserves and Surplus 285,062 236,936 212,923
Total Shareholders Funds 288,313 240,184 216,176 Invested capital is the change in capita
NON-CURRENT LIABILITIES March.2017
Long Term Borrowings 78,723 77,866 76,227 D+E 367,036
Deferred Tax Liabilities [Net] 24,766 13,159 12,677 Invested capital 48,986
Long Term Provisions 2,118 1,489 1,404
Total Non-Current Liabilities 105,607 92,514 90,308
CURRENT LIABILITIES
Short Term Borrowings 22,580 14,490 12,914
Trade Payables 68,161 54,521 54,470
Other Current Liabilities 60,817 54,841 19,063
Short Term Provisions 1,268 1,170 4,854
Total Current Liabilities 152,826 125,022 91,301
Total Capital And Liabilities 546,746 457,720 397,785
ASSETS
NON-CURRENT ASSETS
Tangible Assets 136,882 91,477 79,778
Intangible Assets 16,248 39,933 34,785
Capital Work-In-Progress 128,283 97,296 65,178
Intangible Assets Under Developmen 5,906 9,583 10,575
Non-Current Investments 140,544 112,630 62,058
Long Term Loans And Advances 10,418 16,237 29,259
Other Non-Current Assets 2,184 0 0
Total Non-Current Assets 440,465 367,156 281,633
CURRENT ASSETS
Current Investments 51,906 39,429 50,515
Inventories 34,018 28,034 36,551
Trade Receivables 5,472 3,495 4,661
Cash And Cash Equivalents 1,754 6,892 11,571
Short Term Loans And Advances 8,272 11,938 12,307
OtherCurrentAssets 4,859 776 547
Total Current Assets 106,281 90,564 116,152
Total Assets 546,746 457,720 397,785

Reliance Industries Standalone Profit & Loss account

Rs. Cr.
Mar 17 16-Mar 15-Mar
12 mths 12 mths 12 mths
INCOME
Total Operating Revenues 242,025 233,158 329,076
Other Income 8,709 7,582 8,721
Total Revenue 250,734 240,740 337,797
EXPENSES
Cost Of Materials Consumed 164,250 152,769 255,998
Purchase Of Stock-In Trade 5,161 4,241 7,134
Operating And Direct Expenses 18,255 17,328 19,693
Changes In Inventories Of FG,WIP An -4,839 4,171 1,943
Employee Benefit Expenses 4,434 4,260 3,686
Finance Costs 2,723 2,454 2,367
Depreciation And Amortisation Expe 8,465 9,566 8,488
Other Expenses 11,508 10,250 9,020
Total Expenses 209,957 205,039 308,329 Operating Profit=Operating revenue- all expens
Mar 17
Profit/Loss Before Tax 40,777 35,701 29,468 OP 34,791
Total Tax Expenses 9,352 8,284 6,749 OPAT 26093
Profit/Loss After Tax And Before Ext 31,425 27,417 22,719
Profit/Loss For The Period 31,425 27,417 22,719

Mar 17
Invested capital 48,986
OPAT 26093
EVA= 19235
pital * Weighted Average Cost of Capital (WACC)

is the change in capital (Debt+Equity)

March.2016 March.2015
318,050 292,403
25,647
ting revenue- all expenses (except Interest and tax)
16-Mar 15-Mar
30,573 23,114
22930 17336

16-Mar
25,647
22930
19339