STEEL AUTHORITY OF INDIA LIMITED.

3.4.1 Profit and Loss account for the year ended 31th March 2020

Particulars Amt. (in crore)

Income

Revenue from operation 61,664.16

Other income 905.79

Total income 62,569.95

Expenses

Cost Of Materials Consumed 29,371.73

Changes In Inventories Of FG,WIP And Stock-In Trade (5,577.63)

Employee Benefit Expenses 8,797.32

Finance Costs 3,486.76

Depreciation And Amortisation Expenses 3,755.73

Other expenses 18,857.02

Total Expenses 58,690.93

Exceptional items (net) (771.76)

Profit/(Loss) before tax 57,919.17

3.4.2 Balance sheet of Steel Authority Of India Ltd. For the year ended
31th march 2020-21.

Particular Amt. (in crore)

Assets
Non current assets
Property, plant and equipment(including RoU Assets) 65,384.47
Capital work in progress 8,753.33
Right of use assets 2,205.08
Investment property 1.12
Goodwill on consolidation -
Other intangible assets 1,443.61
Investment accounted for using the equity method 3,107.27
Financial assets
Long term loans to employees 665.28
Trade receivables 0.92
Other financial assets 448.58
Investments 133.12
Other non current assets 1,483.92
Total non current assets(A) 83,626.70
Current assets
Inventories 23,836.27
Financial assets
(1) Other Bank Balance 254.48
(2) Trade receivables 8,844.73
(3) Cash and cash equivalents 190.54
(4) Loans to joint venture and others 49.67
(5) Other financial assets 2,189.25
Other current financial assets 5,733.32
Total current assets (B) 41,098.26
Assets classified as held for sale (C) 27.20
Total Assets (A+B+C) 1,30,853.25
EQUITY AND LIABILITIES
Equity share capital 4,130.53
Other equity 37,379.70
Non-controlling interest 0.01
Total equity (A) 41,510.24
Liabilities
Non current liabilities
Financial liabilities
Long term borrowing 34,560.03
Trade payable 1,379.21
(1) Long term Provisions 4,115.81
(2) Other non current liabilities 397.51
Total non current liabilities (B) 44,557.67
Current liabilities
Financial liabilities
Short term borrowing 16,640.78
Trade payable 6,322.37
Other current financial liabilities 13,740.89
(1) Other current liabilities 5,724.06
(2) Short term provisions 2,357.24
Total current liabilities (C) 44,785.34
Liabilities classified as held for sale (D) -
Total equity and liabilities(A+B+C+D) 1,30,853.25

3.4.3 Ratio and their interpretation

1) Current Ratio:
Formula: Current Ratio = Current Assets ÷ Current Liabilities

Particular Amount
Current assets 41,098.26
Current liabilities 44,785.34
Current Ratio 0.92

2) Liquide Ratio:

Formula: Current assets - Inventories ÷ Current Liabilities

Particular Amount
Current assets 41,098.26
Inventories 23,836.27
Current liabilitie 44,785.34
Liquid Ratio 0.38

3) Fixed Assets Turnover Ratio

Formula: Total revenue ÷ Total fixed assets

Particular Amount
Total revenue 62,569.95
Total fixed assets 44,557.67
Fixed assets turnover ratio 1.41

4) Debt Ratio

Formula: Total liabilities ÷ Total assets

Particular Amount
Total liabilities 89,343.01
Total assets 62,569.95
Debt ratio 1.43
5) Equity Ratio

Formula: Total equity ÷ Total assets

Particular Amount
Total equity 41,510.24
Total assets 1,24,752.16
Equity ratio 0.33

6) Net Profit Ratio

Formula: Net profit ÷ Net sales

Particular Amount
Net profit 57,919.17
Net sales 86,332.68
Net profit ratio 0.67

7) Interest Coverage Ratio

Formula: Operating income ÷ Interest expenses

Particular Amount
Operating income 61,664.16
Interest expenses 48,368.28
Interest coverage ratio 1.27

8) Net Working Capital

Formula: Current assets – Current liabilities

Particular Amount
Current assets 41,098.26
Current liabilities 44,785.34
Net working capital (3,687.08)

9) Fixed Assets to Net Worth

Formula: Fixed assets ÷ Net worth

Particular Amount
Fixed assets 44,557.67
0.34Net worth 1,30,853.25
Fixed assets to net worth 0.34

10) Return on Equity

Formula: Net income ÷ Share holders equity

Particular Amount
Net income 23,836.27
Share holders equity 41,510.24
Return on equity 0.57

3.4.4 Financial statement analysis

An analysis of cash flow statement can reveal many things like the quality of earning
through comparison of cash form operating activities to company net income. Cash flow
statement divided into three part: operating activities, investing activities and financing
activities. BSNL Company generate net cash from operating activities Rs -79,183.00,
generate net cash from investing activities Rs. -6,36,164.00 and generate net cash from
financing activities Rs. 3,24,470.00. Net increase in cash and cash equivalents which is
summation of these activities Rs. 256,325.00 and the total cash and cash equivalents is
Rs.-73.00. Generally company getting loss from investing in investment and operating
expenses.

3.4.5 CSR and the expense

The details of item-wise spending of Corporate Social Responsibility (CSR) amount by

Steel Authority of India Limited (SAIL) during last five years are as following:-

Particular Amount paid Rs.Mn.

Healthcare 2810
Education 188
Livelihood Generation 65
Women Empowerment 12
Drinking Water 10
Sanitation 33
Art and Culture 41
Rural Development 248
Environment Sustainability 2
Capacity Building of Personnel 18
Total 3397

Spending of CSR amount is governed by  the  provisions under Section 135 of the
Companies Act, 2013 and the Companies (Corporate Social Responsibility Policy) Rules,
2014

3.4.6 A listed company. If yes, then where and since how long?
Yes, It had been listed in The Stock Exchange, Mumbai , National Stock Exchange of India
Ltd. , London Stock Exchange.

Face Value Of Equity Shares 10

Market Lot Of Equity Shares 1

BSE Code 500113

NSE Code SAIL

BSE Group A

Year Ending Month Mar

AGM Date (Month) Oct

Book Closure Date (Month) Oct