Assignment - Financial Accounting - Palak Bagiya

BALANCE SHEET OF POWER GRID Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18
CORPORATION OF INDIA (in Rs.

Cr.)
12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
ASSETS
NON-CURRENT ASSETS
Tangible Assets 170,801.36 178,175.63 175,392.06 168,339.02 162,266.88 152,243.89
Intangible Assets 1,476.19 1,556.13 1,551.44 1,497.41 1,593.10 1,366.46
Capital Work-In-Progress 7,668.13 7,344.46 17,896.67 30,180.08 33,364.02 30,261.17
Other Assets 0 0 0.03 0.03 0.03 0.03
FIXED ASSETS 179,976.76 187,107.75 194,915.06 200,236.09 197,438.09 183,917.50
Non-Current Investments 7,414.95 7,228.53 4,265.36 3,763.66 2,756.53 1,608.24
Deferred Tax Assets [Net] 0 0 0 0 0 0
Long Term Loans And Advances 16,897.29 14,269.78 10,474.09 12,783.75 10,708.99 8,253.12
Other Non-Current Assets 9,777.78 8,942.19 9,061.00 10,233.98 9,613.81 6,511.86
TOTAL NON-CURRENT ASSETS 214,066.78 217,548.25 218,715.51 227,017.48 220,517.42 200,290.72
CURRENT ASSETS
Current Investments 0 0 0 0 0 0
Inventories 1,323.55 1,352.60 1,362.82 1,400.56 1,226.28 1,038.45
Trade Receivables 12,381.52 9,106.82 3,621.34 4,867.90 4,628.74 3,638.96
Cash And Cash Equivalents 4,734.44 2,971.04 5,273.54 5,394.50 4,332.04 2,170.43
Short Term Loans And Advances 455.1 328.27 5,428.83 696.87 416.87 46.88
OtherCurrentAssets 13,332.17 16,570.66 19,929.89 16,172.35 15,351.65 5,720.31
TOTAL CURRENT ASSETS 32,226.78 30,329.39 35,616.42 28,532.18 25,955.58 12,615.03
TOTAL ASSETS 246,293.56 247,877.64 254,331.93 255,549.66 246,473.00 212,905.75
EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 6,975.45 6,975.45 5,231.59 5,231.59 5,231.59 5,231.59
TOTAL SHARE CAPITAL 6,975.45 6,975.45 5,231.59 5,231.59 5,231.59 5,231.59
Reserves and Surplus 75,857.51 69,176.12 64,347.25 59,208.10 53,785.55 49,183.37
TOTAL RESERVES AND SURPLUS 75,857.51 69,176.12 64,347.25 59,208.10 53,785.55 49,183.37
TOTAL SHAREHOLDERS FUNDS 82,832.96 76,151.57 69,578.84 64,439.69 59,017.14 54,414.96
NON-CURRENT LIABILITIES
Long Term Borrowings 113,891.29 114,199.40 129,080.07 135,421.11 131,039.51 122,420.32
Deferred Tax Liabilities [Net] 10,631.12 11,424.78 11,941.88 11,381.85 10,093.02 2,569.50
Other Long Term Liabilities 3,823.40 3,790.93 3,932.11 3,876.67 4,384.01 916.76
Long Term Provisions 577.61 517.05 461.93 424.71 368.15 716.87
TOTAL NON-CURRENT
LIABILITIES 128,923.42 129,932.16 145,415.99 151,104.34 145,884.69 126,623.45
CURRENT LIABILITIES
Short Term Borrowings 12,703.61 20,465.87 1,800.00 3,000.00 4,300.00 1,000.00
Trade Payables 325.02 266.14 186.3 225.72 364.11 240.34
Other Current Liabilities 20,727.14 20,129.59 36,514.92 36,037.96 36,206.47 29,567.42
Short Term Provisions 781.41 932.31 835.88 741.95 700.59 1,059.58
TOTAL CURRENT LIABILITIES 34,537.18 41,793.91 39,337.10 40,005.63 41,571.17 31,867.34
TOTAL CAPITAL AND LIABILITIES 246,293.56 247,877.64 254,331.93 255,549.66 246,473.00 212,905.75
Mar-17 Mar-16 Mar-15 Mar-14
12 Months 12 Months 12 Months 12 Months
134,252.57 114,207.36 88,902.51 72,501.95

1,255.39 950.54 783.7 652.12
35,806.80 33,778.58 39,670.90 31,502.41
0.03 9,859.27 13,041.96 17,625.30
171,392.12 158,967.86 142,610.36 122,630.78
1,327.55 771.28 740.99 814.33
0 0 0 0
3,618.41 4,838.56 4,177.89 4,552.99
7,183.73 0 0 0
183,521.81 164,577.70 147,529.24 127,998.10
2.5 35.64 185.43 184.35

906.95 823.68 717.75 712.4
3,221.10 2,737.97 2,118.65 1,578.46
3,340.59 2,453.72 2,062.98 4,417.52
35.14 794 566.42 472.04
3,651.37 3,136.79 2,278.87 1,735.63
11,157.65 9,981.80 7,930.10 9,100.40
194,679.46 178,428.92 158,300.88 139,589.07
5,231.59 5,231.59 5,231.59 5,231.59

5,231.59 5,231.59 5,231.59 5,231.59
44,575.66 37,502.38 32,935.00 29,228.04
44,575.66 37,502.38 32,935.00 29,228.04
49,807.25 42,733.97 38,166.59 34,459.63
110,963.17 100,239.75 89,375.84 76,790.22

2,550.54 2,489.37 2,472.15 2,442.96
927.44 7,061.81 5,860.79 5,854.76
789.56 650.45 580.23 524.37
115,230.71 110,441.38 98,289.01 85,612.31
1,500.00 2,000.00 1,200.00 2,700.00

413.98 313.89 392.97 329.07
27,190.31 21,391.30 19,040.36 15,520.04
537.21 1,548.38 1,211.95 968.02
29,641.50 25,253.57 21,845.28 19,517.13
194,679.46 178,428.92 158,300.88 139,589.07

Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17
PROFIT & LOSS ACCOUNT OF
POWER GRID CORPORATION
OF INDIA (in Rs. Cr.) 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
INCOME
REVENUE FROM OPERATIONS 41,857.57 39,140.82 37,329.65 35,242.13 33,891.17 29,752.46 25,710.07
[GROSS]
Less: Excise/Sevice Tax/Other

Levies 0 0 0 0 0 0 0
REVENUE FROM OPERATIONS

[NET] 41,857.57 39,140.82 37,329.65 35,242.13 33,891.17 29,752.46 25,710.07
TOTAL OPERATING REVENUES 43,343.05 39,928.09 37,665.65 36,185.54 34,119.12 29,752.46 25,710.07
Other Income 2,625.02 2,407.78 2,861.46 2,132.43 1,498.95 1,013.86 866.63

TOTAL REVENUE 45,968.07 42,335.87 40,527.11 38,317.97 35,618.07 30,766.32 26,576.70
EXPENSES
Cost Of Materials Consumed 0 0 0 0 0 0 0
Purchase Of Stock-In Trade 0 0 0 0 0 0 0
Operating And Direct Expenses 0 0 0 0 0 0 0
Changes In Inventories Of
FG,WIP And Stock-In Trade 0 0 0 0 0 0 0
Employee Benefit Expenses 2,504.96 2,234.76 2,110.74 1,959.47 1,783.57 1,605.89 1,377.13
Finance Costs 9,744.25 8,210.94 8,501.01 9,813.62 9,091.42 7,590.66 6,303.83
Depreciation And Amortisation
Expenses 12,939.88 12,550.58 11,711.68 11,073.18 10,200.67 9,091.25 7,662.80
Other Expenses 3,564.29 2,771.62 2,498.97 2,824.35 3,053.43 2,208.90 1,733.11

TOTAL EXPENSES 28,753.38 25,767.90 24,822.40 25,670.62 24,129.09 20,496.70 17,076.87
PROFIT/LOSS BEFORE
EXCEPTIONAL,
EXTRAORDINARY ITEMS AND 17,214.69 16,567.97 15,704.71 12,647.35 11,488.98 10,269.62 9,499.83
TAX
Exceptional Items 256.43 3,236.85 -679.79 1,683.40 -2,526.87 207.23 69.93
PROFIT/LOSS BEFORE TAX 17,471.12 19,804.82 15,024.92 14,330.75 8,962.11 10,476.85 9,569.76
TAX EXPENSES-CONTINUED OPERATIONS

Current Tax 2,987.43 3,320.52 2,527.55 2,108.83 2,489.43 2,203.59 1,988.45
Less: MAT Credit Entitlement 0 0 0 0 0 0 0
Deferred Tax -775.57 -571 560.03 1,288.83 -3,465.87 18.96 61.16

Tax For Earlier Years -73.76 -38.46 1.56 121.91 0 15.34 0
TOTAL TAX EXPENSES 2,138.10 2,711.06 3,089.14 3,519.57 -976.44 2,237.89 2,049.61
PROFIT/LOSS AFTER TAX AND

BEFORE EXTRAORDINARY 15,333.02 17,093.76 11,935.78 10,811.18 9,938.55 8,238.96 7,520.15
ITEMS
PROFIT/LOSS FROM 15,333.02 17,093.76 11,935.78 10,811.18 9,938.55 8,238.96 7,520.15

CONTINUING OPERATIONS
PROFIT/LOSS FOR THE

PERIOD 15,333.02 17,093.76 11,935.78 10,811.18 9,938.55 8,238.96 7,520.15
Mar-16 Mar-15 Mar-14
12 Months 12 Months 12 Months
20,734.79 17,177.23 15,152.74
0 0 0
20,734.79 17,177.23 15,152.74
20,802.22 17,177.23 15,230.28
478.96 602.81 491.13

21,281.18 17,780.04 15,721.41
0 0 0
0 0 219.4
0 0 0
0 0 0
980.54 1,023.65 941.68

5,022.97 3,979.32 3,167.52
6,182.76 5,085.41 3,995.68
1,540.87 1,355.16 1,112.86

13,727.14 11,443.54 9,437.14
7,554.04 6,336.50 6,284.27
-0.05 0 0
7,553.99 6,336.50 6,284.27
1,574.81 1,281.25 1,274.30
0 0 0
17.22 29.22 492.2

-0.02 -0.26 -0.17
1,592.01 1,310.21 1,766.33
5,961.98 5,026.29 4,517.94
6,026.72 4,979.17 4,497.42
6,026.72 4,979.17 4,497.42

Mar-23 Mar-22 Mar-21 Mar-20 Mar-19
CASH FLOW OF POWER
GRID CORPORATION OF
INDIA (in Rs. Cr.) 12 Months 12 Months 12 Months 12 Months 12 Months
NET PROFIT/LOSS
BEFORE EXTRAORDINARY 17,214.69 20,327.48 15,109.36 14,687.14 11,488.98
ITEMS AND TAX
Net CashFlow From

Operating Activities 35,268.25 24,640.20 27,532.46 29,530.10 23,148.92
Net Cash Used In Investing

Activities -4,315.83 2,188.54 -7,721.72 -9,665.58 -18,648.45
Net Cash Used From -29,263.65 -28,801.32 -20,185.83 -18,711.99 -2,373.54

Financing Activities
Foreign Exchange Gains / 0 0 0 0 0
Losses
Adjustments On
Amalgamation Merger 0 0 0 0 0
Demerger Others
NET INC/DEC IN CASH AND 1,688.77

-1,972.58 -375.09 1,152.53 2,126.93
CASH EQUIVALENTS
Cash And Cash Equivalents

2,457.47 4,430.05 4,805.14 3,643.14 1,516.21
Begin of Year
4,146.24 2,457.47 4,430.05 4,795.67 3,643.14
End Of Year
12 Months 12 Months 12 Months 12 Months 12 Months
10,476.85 9,569.76 7,618.78 6,289.38 6,263.75
21,880.78 21,250.90 16,151.11 15,041.77 15,259.33
-24,626.63 -23,433.64 -21,147.61 -23,843.45 -26,377.63
1,033.63 3,870.53 5,387.24 6,447.14 13,873.85
0 0 0 0 0
0 0 0 0 0
-1,712.22 1,687.79 390.74 -2,354.54 2,755.55
3,228.43 1,540.64 2,062.98 4,417.52 1,661.97
1,516.21 3,228.43 2,453.72 2,062.98 4,417.52

KEY FINANCIAL RATIOS OF
POWER GRID
CORPORATION OF INDIA (in Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18
Rs. Cr.)
PER SHARE RATIOS

Basic EPS (Rs.) 21.98 24.51 22.81 20.67 19 15.75
Diluted EPS (Rs.) 21.98 24.51 22.81 20.67 19 15.75
Cash EPS (Rs.) 40.53 42.5 45.2 41.83 38.5 33.13
Book Value
[ExclRevalReserve]/Share 118.75 109.17 133 123.17 112.81 104.01
(Rs.)
Book Value
[InclRevalReserve]/Share 118.75 109.17 133 123.17 112.81 104.01
(Rs.)
Dividend / Share(Rs.) 14.75 14.75 12 10 8.33 5.25
Revenue from 62.14 57.24 72 69.17 65.22 56.87
Operations/Share (Rs.)
PBDIT/Share (Rs.) 57.2 53.52 68.65 64.1 58.84 51.52
PBIT/Share (Rs.) 38.65 35.52 46.27 42.93 39.34 34.14
PBT/Share (Rs.) 25.05 28.39 28.72 27.39 17.13 20.03
Net Profit/Share (Rs.) 21.98 24.51 22.81 20.67 19 15.75
PROFITABILITY RATIOS
PBDIT Margin (%) 92.05 93.49 95.35 92.67 90.21 90.58
PBIT Margin (%) 62.19 62.05 64.26 62.07 60.31 60.02
PBT Margin (%) 40.3 49.6 39.89 39.6 26.26 35.21
Net Profit Margin (%) 35.37 42.81 31.68 29.87 29.12 27.69
Return on Networth / Equity
(%) 18.51 22.44 17.15 16.77 16.84 15.14
Return on Capital Employed

12.73 12.02 11.25 10.42 10.04 9.86
(%)
Return on Assets (%) 6.22 6.89 4.69 4.23 4.03 3.86
Total Debt/Equity (X) 1.53 1.77 1.88 2.15 2.29 2.27
Asset Turnover Ratio (%) 0.18 0.16 14.8 14.15 13.84 13.97
LIQUIDITY RATIOS
Current Ratio (X) 0.93 0.73 0.91 0.71 0.62 0.4
Quick Ratio (X) 0.89 0.69 0.87 0.68 0.59 0.36
Inventory Turnover Ratio (X) 0 0 27.64 25.84 27.82 28.65
Dividend Payout Ratio (NP) 45.49 51 57.15 28.84 45.42 15.55

(%)
Dividend Payout Ratio (CP) 24.67 29.41 28.84 14.24 22.41 7.39
(%)
Earnings Retention Ratio (%) 54.51 49 42.85 71.16 54.58 84.45

Cash Earnings Retention Ratio
(%) 75.33 70.59 71.16 85.76 77.59 92.61
VALUATION RATIOS
Enterprise Value (Cr.) 279,296.37 282,956.86 238,425.77 216,208.89 234,645.27 222,664.26
EV/Net Operating Revenue (X) 6.44 7.09 6.33 5.98 6.88 7.48
EV/EBITDA (X) 7 7.58 6.64 6.45 7.62 8.26

MarketCap/Net Operating
3.63 3.79 3 2.3 3.04 3.41
Revenue (X)
Retention Ratios (%) 54.5 48.99 42.84 71.15 54.57 84.44
Price/BV (X) 1.9 1.99 1.62 1.29 1.76 1.86
Price/Net Operating Revenue 3.63 3.79 3 2.3 3.04 3.41
Earnings Yield 0.1 0.11 0.11 0.13 0.1 0.08

14.37 11.52 9.52 9.36

14.37 11.52 9.52 9.36
29.02 23.34 19.24 16.23
95.2 81.68 72.95 65.87
95.2 81.68 72.95 65.87
4.35 2.31 2 2.58
49.14 39.76 32.83 29.11
44.86 35.86 29.44 25.7

30.21 24.04 19.72 18.07
18.29 14.44 12.11 12.01
14.37 11.52 9.52 8.6
91.27 90.18 89.66 88.29

61.46 60.45 60.05 62.05
37.22 36.31 36.88 41.26
29.24 28.97 28.98 29.52
15.09 14.1 13.04 13.05
9.57 3.93 3.64 3.74
3.86 3.37 3.14 3.22

2.26 2.39 2.37 2.31
13.2 11.65 10.85 10.91
0.38 0.4 0.36 0.47

0.35 0.36 0.33 0.43
28.35 25.26 23.93 21.38
6.95 20.05 21.01 30.01
3.44 9.89 10.39 15.89
93.05 79.95 78.99 69.99

96.56 90.11 89.61 84.11
212,289.53 172,557.45 164,475.55 130,030.55
8.26 8.3 9.58 8.54
9.05 9.2 10.68 9.67
4.01 3.5 4.42 3.61
93.04 79.94 78.98 69.98

2.07 1.7 1.99 1.59
4.01 3.5 4.42 3.61
0.07 0.08 0.07 0.08

BALANCE SHEET OF POWER

GRID CORPORATION OF
INDIA (in Rs. Cr.) 12 mths 12 mths 12 mths 12 mths
ASSETS
NON-CURRENT ASSETS
Tangible Assets 170,801.36 178,175.63 175,392.06 168,339.02
Intangible Assets 1,476.19 1,556.13 1,551.44 1,497.41
Capital Work-In-Progress 7,668.13 7,344.46 17,896.67 30,180.08
Other Assets 0 0 0.03 0.03
FIXED ASSETS 179,976.76 187,107.75 194,915.06 200,236.09
Non-Current Investments 7,414.95 7,228.53 4,265.36 3,763.66
Deferred Tax Assets [Net] 0 0 0 0
Long Term Loans And Advances 16,897.29 14,269.78 10,474.09 12,783.75
Other Non-Current Assets 9,777.78 8,942.19 9,061.00 10,233.98
TOTAL NON-CURRENT ASSETS 214,066.78 217,548.25 218,715.51 227,017.48
CURRENT ASSETS
Current Investments 0 0 0 0
Inventories 1,323.55 1,352.60 1,362.82 1,400.56
Trade Receivables 12,381.52 9,106.82 3,621.34 4,867.90
Cash And Cash Equivalents 4,734.44 2,971.04 5,273.54 5,394.50
Short Term Loans And Advances 455.1 328.27 5,428.83 696.87
OtherCurrentAssets 13,332.17 16,570.66 19,929.89 16,172.35
TOTAL CURRENT ASSETS 32,226.78 30,329.39 35,616.42 28,532.18
TOTAL ASSETS 246,293.56 247,877.64 254,331.93 255,549.66

SHAREHOLDER'S FUNDS
Equity Share Capital 6,975.45 6,975.45 5,231.59 5,231.59
TOTAL SHARE CAPITAL 6,975.45 6,975.45 5,231.59 5,231.59
Reserves and Surplus 75,857.51 69,176.12 64,347.25 59,208.10
TOTAL RESERVES AND 75,857.51 69,176.12 64,347.25 59,208.10
SURPLUS
TOTAL SHAREHOLDERS
FUNDS 82,832.96 76,151.57 69,578.84 64,439.69
Long Term Borrowings 113,891.29 114,199.40 129,080.07 135,421.11
Deferred Tax Liabilities [Net] 10,631.12 11,424.78 11,941.88 11,381.85
Other Long Term Liabilities 3,823.40 3,790.93 3,932.11 3,876.67
Long Term Provisions 577.61 517.05 461.93 424.71
TOTAL NON-CURRENT 128,923.42 129,932.16 145,415.99 151,104.34
LIABILITIES
CURRENT LIABILITIES
Short Term Borrowings 12,703.61 20,465.87 1,800.00 3,000.00
Trade Payables 325.02 266.14 186.3 225.72
Other Current Liabilities 20,727.14 20,129.59 36,514.92 36,037.96
Short Term Provisions 781.41 932.31 835.88 741.95
TOTAL CURRENT LIABILITIES 34,537.18 41,793.91 39,337.10 40,005.63
TOTAL CAPITAL AND 246,293.56 247,877.64 254,331.93 255,549.66

LIABILITIES
Mar-19 Mar-18 Mar-17 Mar-16 Mar-15 Mar-14
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
ASSETS
NON-CURRENT ASSETS
162,266.88 152,243.89 134,252.57 114,207.36 88,902.51 72,501.95
1,593.10 1,366.46 1,255.39 950.54 783.7 652.12
33,364.02 30,261.17 35,806.80 33,778.58 39,670.90 31,502.41
0.03 0.03 0.03 9,859.27 13,041.96 17,625.30
197,438.09 183,917.50 171,392.12 158,967.86 142,610.36 122,630.78
2,756.53 1,608.24 1,327.55 771.28 740.99 814.33
0 0 0 0 0 0
10,708.99 8,253.12 3,618.41 4,838.56 4,177.89 4,552.99
9,613.81 6,511.86 7,183.73 0 0 0
220,517.42 200,290.72 183,521.81 164,577.70 147,529.24 127,998.10
CURRENT ASSETS
0 0 2.5 35.64 185.43 184.35
1,226.28 1,038.45 906.95 823.68 717.75 712.4
4,628.74 3,638.96 3,221.10 2,737.97 2,118.65 1,578.46
4,332.04 2,170.43 3,340.59 2,453.72 2,062.98 4,417.52
416.87 46.88 35.14 794 566.42 472.04
15,351.65 5,720.31 3,651.37 3,136.79 2,278.87 1,735.63
25,955.58 12,615.03 11,157.65 9,981.80 7,930.10 9,100.40
246,473.00 212,905.75 194,679.46 178,428.92 158,300.88 139,589.07
UITIES AND LIABILITIES

HAREHOLDER'S FUNDS
5,231.59 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59
5,231.59 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59
53,785.55 49,183.37 44,575.66 37,502.38 32,935.00 29,228.04
53,785.55 49,183.37 44,575.66 37,502.38 32,935.00 29,228.04
59,017.14 54,414.96 49,807.25 42,733.97 38,166.59 34,459.63

N-CURRENT LIABILITIES
131,039.51 122,420.32 110,963.17 100,239.75 89,375.84 76,790.22
10,093.02 2,569.50 2,550.54 2,489.37 2,472.15 2,442.96
4,384.01 916.76 927.44 7,061.81 5,860.79 5,854.76
368.15 716.87 789.56 650.45 580.23 524.37
145,884.69 126,623.45 115,230.71 110,441.38 98,289.01 85,612.31
CURRENT LIABILITIES
4,300.00 1,000.00 1,500.00 2,000.00 1,200.00 2,700.00
364.11 240.34 413.98 313.89 392.97 329.07
36,206.47 29,567.42 27,190.31 21,391.30 19,040.36 15,520.04
700.59 1,059.58 537.21 1,548.38 1,211.95 968.02
41,571.17 31,867.34 29,641.50 25,253.57 21,845.28 19,517.13
246,473.00 212,905.75 194,679.46 178,428.92 158,300.88 139,589.07


GRID CORPORATION OF
INDIA (in Rs. Cr.) 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
ASSETS
NON-CURRENT ASSETS
Tangible Assets -7,374.27 2,783.57 7,053.04 6,072.14 10,022.99 17,991.32 20,045.21
Intangible Assets -79.94 4.69 54.03 -95.69 226.64 111.07 304.85
Capital Work-In-Progress 323.67 -10,552.21 -12,283.41 -3,183.94 3,102.85 -5,545.63 2,028.22
Other Assets 0.00 -0.03 0.00 0.00 0.00 0.00 -9,859.24
FIXED ASSETS -7,130.99 -7,807.31 -5,321.03 2,798.00 13,520.59 12,525.38 12,424.26
Non-Current Investments 186.42 2,963.17 501.70 1,007.13 1,148.29 280.69 556.27
Deferred Tax Assets [Net] 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Long Term Loans And Advances 2,627.51 3,795.69 -2,309.66 2,074.76 2,455.87 4,634.71 -1,220.15
Other Non-Current Assets 835.59 -118.81 -1,172.98 620.17 3,101.95 -671.87 7,183.73
TOTAL NON-CURRENT ASSETS -3,481.47 -1,167.26 -8,301.97 6,500.06 20,226.70 16,768.91 18,944.11
CURRENT ASSETS
Current Investments 0 0 0 0 0 -2.5 -33.14
Inventories -29.05 -10.22 -37.74 174.28 187.83 131.5 83.27
Trade Receivables 3274.7 5485.48 -1246.56 239.16 989.78 417.86 483.13
Cash And Cash Equivalents 1763.4 -2302.5 -120.96 1062.46 2161.61 -1170.16 886.87
Short Term Loans And Advances 126.83 -5100.56 4731.96 280 369.99 11.74 -758.86
OtherCurrentAssets -3238.49 -3359.23 3757.54 820.7 9631.34 2068.94 514.58
TOTAL CURRENT ASSETS 1897.39 -5287.03 7084.24 2576.6 13340.55 1457.38 1175.85
TOTAL ASSETS -1584.08 -6454.29 -1217.73 9076.66 33567.25 18226.29 16250.54

SHAREHOLDER'S FUNDS
Equity Share Capital 0.00 1,743.86 0.00 0.00 0.00 0.00 0.00
TOTAL SHARE CAPITAL 0.00 1,743.86 0.00 0.00 0.00 0.00 0.00
Reserves and Surplus 6,681.39 4,828.87 5,139.15 5,422.55 4,602.18 4,607.71 7,073.28
TOTAL RESERVES AND 6,681.39 4,828.87 5,139.15 5,422.55 4,602.18 4,607.71 7,073.28
SURPLUS
TOTAL SHAREHOLDERS FUNDS 6,681.39 6,572.73 5,139.15 5,422.55 4,602.18 4,607.71 7,073.28
Long Term Borrowings -308.11 -14,880.67 -6,341.04 4,381.60 8,619.19 11,457.15 10,723.42
Deferred Tax Liabilities [Net] -793.66 -517.10 560.03 1,288.83 7,523.52 18.96 61.17
Other Long Term Liabilities 32.47 -141.18 55.44 -507.34 3,467.25 -10.68 -6,134.37
Long Term Provisions 60.56 55.12 37.22 56.56 -348.72 -72.69 139.11
TOTAL NON-CURRENT -1,008.74 -15,483.83 -5,688.35 5,219.65 19,261.24 11,392.74 4,789.33
LIABILITIES
CURRENT LIABILITIES
Short Term Borrowings -7,762.26 18,665.87 -1,200.00 -1,300.00 3,300.00 -500.00 -500.00
Trade Payables 58.88 79.84 -39.42 -138.39 123.77 -173.64 100.09
Other Current Liabilities 597.55 -16,385.33 476.96 -168.51 6,639.05 2,377.11 5,799.01
Short Term Provisions -150.90 96.43 93.93 41.36 -358.99 522.37 -1,011.17
TOTAL CURRENT LIABILITIES -7,256.73 2,456.81 -668.53 -1,565.54 9,703.83 2,225.84 4,387.93
TOTAL CAPITAL AND -1,584.08 -6,454.29 -1,217.73 9,076.66 33,567.25 18,226.29 16,250.54
LIABILITIES

GRID CORPORATION OF
12 Months 12 Months INDIA (in Rs. Cr.) 12 mths 12 mths
ASSETS
NON-CURRENT ASSET
25,304.85 16,400.56 Tangible Assets -4.14 1.59
166.84 131.58 Intangible Assets -5.14 0.30
-5,892.32 8,168.49 Capital Work-In-Progress 4.41 -58.96
-3,182.69 -4,583.34 Other Assets #DIV/0! -100.00
16,357.50 19,979.58 FIXED ASSETS -3.81 -4.01
30.29 -73.34 Non-Current Investments 2.58 69.47
0.00 0.00 Deferred Tax Assets [Net] #DIV/0! #DIV/0!
660.67 -375.10 Long Term Loans And Advances 18.41 36.24
0.00 0.00 Other Non-Current Assets 9.34 -1.31
17,048.46 19,531.14 TOTAL NON-CURRENT ASSETS -1.60 -0.53
CURRENT ASSETS
-149.79 1.08 Current Investments #DIV/0! #DIV/0!
105.93 5.35 Inventories -2.15 -0.75
619.32 540.19 Trade Receivables 35.96 151.48
390.74 -2354.54 Cash And Cash Equivalents 59.35 -43.66
227.58 94.38 Short Term Loans And Advances 38.64 -93.95
857.92 543.24 OtherCurrentAssets -19.54 -16.86
2051.7 -1170.3 TOTAL CURRENT ASSETS 6.26 -14.84
20128.04 18711.81 TOTAL ASSETS -0.64 -2.54
EQUITIES AND LIABILIT

SHAREHOLDER'S FUN
0.00 0.00 Equity Share Capital 0.00 33.33
0.00 0.00 TOTAL SHARE CAPITAL 0.00 33.33
4,567.38 3,706.96 Reserves and Surplus 9.66 7.50
4,567.38 3,706.96 TOTAL RESERVES AND 9.66 7.50
SURPLUS
4,567.38 3,706.96 TOTAL SHAREHOLDERS FUNDS 8.77 9.45

NON-CURRENT LIABILIT
10,863.91 12,585.62 Long Term Borrowings -0.27 -11.53
17.22 29.19 Deferred Tax Liabilities [Net] -6.95 -4.33
1,201.02 6.03 Other Long Term Liabilities 0.86 -3.59
70.22 55.86 Long Term Provisions 11.71 11.93
12,152.37 12,676.70 TOTAL NON-CURRENT -0.78 -10.65
LIABILITIES
CURRENT LIABILITIE
800.00 -1,500.00 Short Term Borrowings -37.93 1,036.99
-79.08 63.90 Trade Payables 22.12 42.86
2,350.94 3,520.32 Other Current Liabilities 2.97 -44.87
336.43 243.93 Short Term Provisions -16.19 11.54
3,408.29 2,328.15 TOTAL CURRENT LIABILITIES -17.36 6.25
20,128.04 18,711.81 TOTAL CAPITAL AND -0.64 -2.54

LIABILITIES
12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
ASSETS
NON-CURRENT ASSETS
4.19 3.74 6.58 13.40 17.55 28.46 22.62
3.61 -6.01 16.59 8.85 32.07 21.29 20.18
-40.70 -9.54 10.25 -15.49 6.00 -14.85 25.93
0.00 0.00 0.00 0.00 -100.00 -24.40 -26.00
-2.66 1.42 7.35 7.31 7.82 11.47 16.29
13.33 36.54 71.40 21.14 72.12 4.09 -9.01
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
-18.07 19.37 29.76 128.09 -25.22 15.81 -8.24
-11.46 6.45 47.64 -9.35 #DIV/0! #DIV/0! #DIV/0!
-3.66 2.95 10.10 9.14 11.51 11.56 15.26
CURRENT ASSETS
#DIV/0! #DIV/0! #DIV/0! -100.00 -92.99 -80.78 0.59
-2.69 14.21 18.09 14.50 10.11 14.76 0.75
-25.61 5.17 27.20 12.97 17.65 29.23 34.22
-2.24 24.53 99.59 -35.03 36.14 18.94 -53.30
679.03 67.17 789.23 33.41 -95.57 40.18 19.99
23.23 5.35 168.37 56.66 16.40 37.65 31.30
24.83 9.93 105.75 13.06 11.78 25.87 -12.86
-0.48 3.68 15.77 9.36 9.11 12.72 13.40

SHAREHOLDER'S FUNDS
0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00
8.68 10.08 9.36 10.34 18.86 13.87 12.68
8.68 10.08 9.36 10.34 18.86 13.87 12.68
7.98 9.19 8.46 9.25 16.55 11.97 10.76

-4.68 3.34 7.04 10.33 10.70 12.16 16.39
4.92 12.77 292.80 0.74 2.46 0.70 1.19
1.43 -11.57 378.21 -1.15 -86.87 20.49 0.10
8.76 15.36 -48.64 -9.21 21.39 12.10 10.65
-3.76 3.58 15.21 9.89 4.34 12.36 14.81
CURRENT LIABILITIES
-40.00 -30.23 330.00 -33.33 -25.00 66.67 -55.56
-17.46 -38.01 51.50 -41.94 31.89 -20.12 19.42
1.32 -0.47 22.45 8.74 27.11 12.35 22.68
12.66 5.90 -33.88 97.24 -65.31 27.76 25.20
-1.67 -3.77 30.45 7.51 17.38 15.60 11.93
-0.48 3.68 15.77 9.36 9.11 12.72 13.40

Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16
GRID CORPORATION OF
INDIA (in Rs. Cr.) 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
ASSETS
NON-CURRENT ASSETS
Tangible Assets 170,801.36 178,175.63 175,392.06 168,339.02 162,266.88 152,243.89 134,252.57 114,207.36
Intangible Assets 1,476.19 1,556.13 1,551.44 1,497.41 1,593.10 1,366.46 1,255.39 950.54
Capital Work-In-Progress 7,668.13 7,344.46 17,896.67 30,180.08 33,364.02 30,261.17 35,806.80 33,778.58
Other Assets 0 0 0.03 0.03 0.03 0.03 0.03 9,859.27
FIXED ASSETS 179,976.76 187,107.75 194,915.06 200,236.09 197,438.09 183,917.50 171,392.12 158,967.86
Non-Current Investments 7,414.95 7,228.53 4,265.36 3,763.66 2,756.53 1,608.24 1,327.55 771.28
Deferred Tax Assets [Net] 0 0 0 0 0 0 0 0
Long Term Loans And
16,897.29 14,269.78 10,474.09 12,783.75 10,708.99 8,253.12 3,618.41 4,838.56
Advances
Other Non-Current Assets 9,777.78 8,942.19 9,061.00 10,233.98 9,613.81 6,511.86 7,183.73 0
TOTAL NON-CURRENT
214,066.78 217,548.25 218,715.51 227,017.48 220,517.42 200,290.72 183,521.81 164,577.70
ASSETS
CURRENT ASSETS
Current Investments 0 0 0 0 0 0 2.5 35.64
Inventories 1,323.55 1,352.60 1,362.82 1,400.56 1,226.28 1,038.45 906.95 823.68
Trade Receivables 12,381.52 9,106.82 3,621.34 4,867.90 4,628.74 3,638.96 3,221.10 2,737.97
Cash And Cash Equivalents 4,734.44 2,971.04 5,273.54 5,394.50 4,332.04 2,170.43 3,340.59 2,453.72
Short Term Loans And

455.1 328.27 5,428.83 696.87 416.87 46.88 35.14 794
Advances
OtherCurrentAssets 13,332.17 16,570.66 19,929.89 16,172.35 15,351.65 5,720.31 3,651.37 3,136.79
TOTAL CURRENT ASSETS 32,226.78 30,329.39 35,616.42 28,532.18 25,955.58 12,615.03 11,157.65 9,981.80
TOTAL ASSETS 246,293.56 247,877.64 254,331.93 255,549.66 246,473.00 212,905.75 194,679.46 178,428.92

SHAREHOLDER'S FUNDS
Equity Share Capital 6,975.45 6,975.45 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59
TOTAL SHARE CAPITAL 6,975.45 6,975.45 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59
Reserves and Surplus 75,857.51 69,176.12 64,347.25 59,208.10 53,785.55 49,183.37 44,575.66 37,502.38
TOTAL RESERVES AND
75,857.51 69,176.12 64,347.25 59,208.10 53,785.55 49,183.37 44,575.66 37,502.38
SURPLUS
TOTAL SHAREHOLDERS
FUNDS 82,832.96 76,151.57 69,578.84 64,439.69 59,017.14 54,414.96 49,807.25 42,733.97
Long Term Borrowings 113,891.29 114,199.40 129,080.07 135,421.11 131,039.51 122,420.32 110,963.17 100,239.75
Deferred Tax Liabilities [Net] 10,631.12 11,424.78 11,941.88 11,381.85 10,093.02 2,569.50 2,550.54 2,489.37
Other Long Term Liabilities 3,823.40 3,790.93 3,932.11 3,876.67 4,384.01 916.76 927.44 7,061.81
Long Term Provisions 577.61 517.05 461.93 424.71 368.15 716.87 789.56 650.45
TOTAL NON-CURRENT
128,923.42 129,932.16 145,415.99 151,104.34 145,884.69 126,623.45 115,230.71 110,441.38
LIABILITIES
CURRENT LIABILITIES
Short Term Borrowings 12,703.61 20,465.87 1,800.00 3,000.00 4,300.00 1,000.00 1,500.00 2,000.00
Trade Payables 325.02 266.14 186.3 225.72 364.11 240.34 413.98 313.89
Other Current Liabilities 20,727.14 20,129.59 36,514.92 36,037.96 36,206.47 29,567.42 27,190.31 21,391.30
Short Term Provisions 781.41 932.31 835.88 741.95 700.59 1,059.58 537.21 1,548.38
TOTAL CURRENT
34,537.18 41,793.91 39,337.10 40,005.63 41,571.17 31,867.34 29,641.50 25,253.57
LIABILITIES
TOTAL CAPITAL AND
246,293.56 247,877.64 254,331.93 255,549.66 246,473.00 212,905.75 194,679.46 178,428.92
LIABILITIES
Mar-15 Mar-14 BALANCE SHEET OF Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18
POWER GRID
12 mths 12 mths CORPORATION OF 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
INDIA (in Rs. Cr.)
ASSETS
NON-CURRENT ASSETS
88,902.51 72,501.95 Tangible Assets 98,299.41 105,673.68 102,890.11 95,837.07 89,764.93 79,741.94
783.7 652.12 Intangible Assets 824.07 904.01 899.32 845.29 940.98 714.34
39,670.90 31,502.41 Capital Work-In-Progress -23,834.28 -24,157.95 -13,605.74 -1,322.33 1,861.61 -1,241.24
13,041.96 17,625.30 Other Assets -17,625.30 -17,625.30 -17,625.27 -17,625.27 -17,625.27 -17,625.27
142,610.36 122,630.78 FIXED ASSETS 57,345.98 64,476.97 72,284.28 77,605.31 74,807.31 61,286.72
740.99 814.33 Non-Current Investments 6,600.62 6,414.20 3,451.03 2,949.33 1,942.20 793.91
0 0 Deferred Tax Assets [Net] 0.00 0.00 0.00 0.00 0.00 0.00
Long Term Loans And
4,177.89 4,552.99 12,344.30 9,716.79 5,921.10 8,230.76 6,156.00 3,700.13
Advances
0 0 Other Non-Current Assets 9,777.78 8,942.19 9,061.00 10,233.98 9,613.81 6,511.86
TOTAL NON-CURRENT
147,529.24 127,998.10 86,068.68 89,550.15 90,717.41 99,019.38 92,519.32 72,292.62
ASSETS
CURRENT ASSETS
185.43 184.35 Current Investments -184.35 -184.35 -184.35 -184.35 -184.35 -184.35
717.75 712.4 Inventories 611.15 640.2 650.42 688.16 513.88 326.05
2,118.65 1,578.46 Trade Receivables 10803.06 7528.36 2042.88 3289.44 3050.28 2060.5
2,062.98 4,417.52 Cash And Cash Equivalents 316.92 -1446.48 856.02 976.98 -85.48 -2247.09

566.42 472.04 -16.94 -143.77 4956.79 224.83 -55.17 -425.16
Advances
2,278.87 1,735.63 OtherCurrentAssets 11596.54 14835.03 18194.26 14436.72 13616.02 3984.68
7,930.10 9,100.40 TOTAL CURRENT ASSETS 23126.38 21228.99 26516.02 19431.78 16855.18 3514.63
158,300.88 139,589.07 TOTAL ASSETS 106704.49 108288.57 114742.86 115960.59 106883.93 73316.68

SHAREHOLDER'S FUNDS
5,231.59 5,231.59 Equity Share Capital 1,743.86 1,743.86 0.00 0.00 0.00 0.00
5,231.59 5,231.59 TOTAL SHARE CAPITAL 1,743.86 1,743.86 0.00 0.00 0.00 0.00
32,935.00 29,228.04 Reserves and Surplus 46,629.47 39,948.08 35,119.21 29,980.06 24,557.51 19,955.33
TOTAL RESERVES AND
32,935.00 29,228.04 46,629.47 39,948.08 35,119.21 29,980.06 24,557.51 19,955.33
SURPLUS
TOTAL SHAREHOLDERS
38,166.59 34,459.63 FUNDS 48,373.33 41,691.94 35,119.21 29,980.06 24,557.51 19,955.33
89,375.84 76,790.22 Long Term Borrowings 37,101.07 37,409.18 52,289.85 58,630.89 54,249.29 45,630.10
2,472.15 2,442.96 Deferred Tax Liabilities [Net] 8,188.16 8,981.82 9,498.92 8,938.89 7,650.06 126.54
5,860.79 5,854.76 Other Long Term Liabilities -2,031.36 -2,063.83 -1,922.65 -1,978.09 -1,470.75 -4,938.00
580.23 524.37 Long Term Provisions 53.24 -7.32 -62.44 -99.66 -156.22 192.50
TOTAL NON-CURRENT
98,289.01 85,612.31 43,311.11 44,319.85 59,803.68 65,492.03 60,272.38 41,011.14
LIABILITIES
CURRENT LIABILITIES
1,200.00 2,700.00 Short Term Borrowings 10,003.61 17,765.87 -900.00 300.00 1,600.00 -1,700.00
392.97 329.07 Trade Payables -4.05 -62.93 -142.77 -103.35 35.04 -88.73
19,040.36 15,520.04 Other Current Liabilities 5,207.10 4,609.55 20,994.88 20,517.92 20,686.43 14,047.38
1,211.95 968.02 Short Term Provisions -186.61 -35.71 -132.14 -226.07 -267.43 91.56
TOTAL CURRENT
21,845.28 19,517.13 15,020.05 22,276.78 19,819.97 20,488.50 22,054.04 12,350.21
LIABILITIES
TOTAL CAPITAL AND
158,300.88 139,589.07 106,704.49 108,288.57 114,742.86 115,960.59 106,883.93 73,316.68
LIABILITIES
BALANCE SHEET OF POWER GRID
12 mths 12 mths 12 mths CORPORATION OF INDIA (in Rs. Cr.) 12 Months 12 Months 12 Months 12 Months
ASSETS
NON-CURRENT ASSETS
61,750.62 41,705.41 16,400.56 Tangible Assets 135.58 145.75 141.91 132.19
603.27 298.42 131.58 Intangible Assets 126.37 138.63 137.91 129.62
4,304.39 2,276.17 8,168.49 Capital Work-In-Progress -75.66 -76.69 -43.19 -4.20
-17,625.27 -7,766.03 -4,583.34 Other Assets -100.00 -100.00 -100.00 -100.00
48,761.34 36,337.08 19,979.58 FIXED ASSETS 46.76 52.58 58.94 63.28
513.22 -43.05 -73.34 Non-Current Investments 810.56 787.67 423.79 362.18
0.00 0.00 0.00 Deferred Tax Assets [Net] #DIV/0! #DIV/0! #DIV/0! #DIV/0!
-934.58 285.57 -375.10 Long Term Loans And Advances 271.13 213.42 130.05 180.78
7,183.73 0.00 0.00 Other Non-Current Assets #DIV/0! #DIV/0! #DIV/0! #DIV/0!
55,523.71 36,579.60 19,531.14 TOTAL NON-CURRENT ASSETS 67.24 69.96 70.87 77.36
CURRENT ASSETS
-181.85 -148.71 1.08 Current Investments -100.00 -100.00 -100.00 -100.00
194.55 111.28 5.35 Inventories 85.79 89.87 91.30 96.60
1642.64 1159.51 540.19 Trade Receivables 684.41 476.94 129.42 208.40
-1076.93 -1963.8 -2354.54 Cash And Cash Equivalents 7.17 -32.74 19.38 22.12
-436.9 321.96 94.38 Short Term Loans And Advances -3.59 -30.46 1050.08 47.63
1915.74 1401.16 543.24 OtherCurrentAssets 668.15 854.73 1048.28 831.79
2057.25 881.4 -1170.3 TOTAL CURRENT ASSETS 254.12 233.28 291.37 213.53
55090.39 38839.85 18711.81 TOTAL ASSETS 76.44 77.58 82.20 83.07

SHAREHOLDER'S FUNDS
0.00 0.00 0.00 Equity Share Capital 33.33 33.33 0.00 0.00
0.00 0.00 0.00 TOTAL SHARE CAPITAL 33.33 33.33 0.00 0.00
15,347.62 8,274.34 3,706.96 Reserves and Surplus 159.54 136.68 120.16 102.57
15,347.62 8,274.34 3,706.96 TOTAL RESERVES AND SURPLUS 159.54 136.68 120.16 102.57
15,347.62 8,274.34 3,706.96 TOTAL SHAREHOLDERS FUNDS 140.38 120.99 101.91 87.00
34,172.95 23,449.53 12,585.62 Long Term Borrowings 48.31 48.72 68.09 76.35
107.58 46.41 29.19 Deferred Tax Liabilities [Net] 335.17 367.66 388.83 365.90
-4,927.32 1,207.05 6.03 Other Long Term Liabilities -34.70 -35.25 -32.84 -33.79
265.19 126.08 55.86 Long Term Provisions 10.15 -1.40 -11.91 -19.01
29,618.40 24,829.07 12,676.70 TOTAL NON-CURRENT LIABILITIES 50.59 51.77 69.85 76.50
CURRENT LIABILITIES
-1,200.00 -700.00 -1,500.00 Short Term Borrowings 370.50 658.00 -33.33 11.11
84.91 -15.18 63.90 Trade Payables -1.23 -19.12 -43.39 -31.41
11,670.27 5,871.26 3,520.32 Other Current Liabilities 33.55 29.70 135.28 132.20
-430.81 580.36 243.93 Short Term Provisions -19.28 -3.69 -13.65 -23.35
10,124.37 5,736.44 2,328.15 TOTAL CURRENT LIABILITIES 76.96 114.14 101.55 104.98
55,090.39 38,839.85 18,711.81 TOTAL CAPITAL AND LIABILITIES 76.44 77.58 82.20 83.07
12 Months 12 Months 12 Months 12 Months 12 Months
ASSETS
NON-CURRENT ASSETS
123.81 109.99 85.17 57.52 22.62
144.30 109.54 92.51 45.76 20.18
5.91 -3.94 13.66 7.23 25.93
-100.00 -100.00 -100.00 -44.06 -26.00
61.00 49.98 39.76 29.63 16.29
238.50 97.49 63.02 -5.29 -9.01
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
135.21 81.27 -20.53 6.27 -8.24
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0!
72.28 56.48 43.38 28.58 15.26
CURRENT ASSETS
-100.00 -100.00 -98.64 -80.67 0.59
72.13 45.77 27.31 15.62 0.75
193.24 130.54 104.07 73.46 34.22
-1.94 -50.87 -24.38 -44.45 -53.30
-11.69 -90.07 -92.56 68.21 19.99
784.50 229.58 110.38 80.73 31.30
185.21 38.62 22.61 9.69 -12.86
76.57 52.52 39.47 27.82 13.40

SHAREHOLDER'S FUNDS
0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00
84.02 68.27 52.51 28.31 12.68
84.02 68.27 52.51 28.31 12.68
71.26 57.91 44.54 24.01 10.76
70.65 59.42 44.50 30.54 16.39
313.15 5.18 4.40 1.90 1.19
-25.12 -84.34 -84.16 20.62 0.10
-29.79 36.71 50.57 24.04 10.65
70.40 47.90 34.60 29.00 14.81
CURRENT LIABILITIES
59.26 -62.96 -44.44 -25.93 -55.56
10.65 -26.96 25.80 -4.61 19.42
133.29 90.51 75.19 37.83 22.68
-27.63 9.46 -44.50 59.95 25.20
113.00 63.28 51.87 29.39 11.93
76.57 52.52 39.47 27.82 13.40

Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15 Mar-14
BALANCE SHEET OF
POWER GRID
CORPORATION OF 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths
INDIA (in Rs. Cr.)
ASSETS
NON-CURRENT ASSETS
Tangible Assets 170,801.36 178,175.63 175,392.06 168,339.02 162,266.88 152,243.89 134,252.57 114,207.36 88,902.51 72,501.95
Intangible Assets 1,476.19 1,556.13 1,551.44 1,497.41 1,593.10 1,366.46 1,255.39 950.54 783.7 652.12
Capital Work-In-Progress 7,668.13 7,344.46 17,896.67 30,180.08 33,364.02 30,261.17 35,806.80 33,778.58 39,670.90 31,502.41
Other Assets 0 0 0.03 0.03 0.03 0.03 0.03 9,859.27 13,041.96 17,625.30
FIXED ASSETS 179,976.76 187,107.75 194,915.06 200,236.09 197,438.09 183,917.50 171,392.12 158,967.86 142,610.36 122,630.78
Non-Current Investments 7,414.95 7,228.53 4,265.36 3,763.66 2,756.53 1,608.24 1,327.55 771.28 740.99 814.33
Deferred Tax Assets [Net] 0 0 0 0 0 0 0 0 0 0
Long Term Loans And

16,897.29 14,269.78 10,474.09 12,783.75 10,708.99 8,253.12 3,618.41 4,838.56 4,177.89 4,552.99
Advances
Other Non-Current Assets 9,777.78 8,942.19 9,061.00 10,233.98 9,613.81 6,511.86 7,183.73 0 0 0
TOTAL NON-CURRENT
214,066.78 217,548.25 218,715.51 227,017.48 220,517.42 200,290.72 183,521.81 164,577.70 147,529.24 127,998.10
ASSETS
CURRENT ASSETS
Current Investments 0 0 0 0 0 0 2.5 35.64 185.43 184.35
Inventories 1,323.55 1,352.60 1,362.82 1,400.56 1,226.28 1,038.45 906.95 823.68 717.75 712.4
Trade Receivables 12,381.52 9,106.82 3,621.34 4,867.90 4,628.74 3,638.96 3,221.10 2,737.97 2,118.65 1,578.46
Cash And Cash Equivalents 4,734.44 2,971.04 5,273.54 5,394.50 4,332.04 2,170.43 3,340.59 2,453.72 2,062.98 4,417.52

455.1 328.27 5,428.83 696.87 416.87 46.88 35.14 794 566.42 472.04
Advances
OtherCurrentAssets 13,332.17 16,570.66 19,929.89 16,172.35 15,351.65 5,720.31 3,651.37 3,136.79 2,278.87 1,735.63
TOTAL CURRENT ASSETS 32,226.78 30,329.39 35,616.42 28,532.18 25,955.58 12,615.03 11,157.65 9,981.80 7,930.10 9,100.40
TOTAL ASSETS 246,293.56 247,877.64 254,331.93 255,549.66 246,473.00 212,905.75 194,679.46 178,428.92 158,300.88 139,589.07

SHAREHOLDER'S FUNDS
Equity Share Capital 6,975.45 6,975.45 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59
TOTAL SHARE CAPITAL 6,975.45 6,975.45 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59 5,231.59
Reserves and Surplus 75,857.51 69,176.12 64,347.25 59,208.10 53,785.55 49,183.37 44,575.66 37,502.38 32,935.00 29,228.04
TOTAL RESERVES AND
SURPLUS 75,857.51 69,176.12 64,347.25 59,208.10 53,785.55 49,183.37 44,575.66 37,502.38 32,935.00 29,228.04
TOTAL SHAREHOLDERS 82,832.96 76,151.57 69,578.84 64,439.69 59,017.14 54,414.96 49,807.25 42,733.97 38,166.59 34,459.63
FUNDS
Long Term Borrowings 113,891.29 114,199.40 129,080.07 135,421.11 131,039.51 122,420.32 110,963.17 100,239.75 89,375.84 76,790.22
Deferred Tax Liabilities [Net] 10,631.12 11,424.78 11,941.88 11,381.85 10,093.02 2,569.50 2,550.54 2,489.37 2,472.15 2,442.96
Other Long Term Liabilities 3,823.40 3,790.93 3,932.11 3,876.67 4,384.01 916.76 927.44 7,061.81 5,860.79 5,854.76
Long Term Provisions 577.61 517.05 461.93 424.71 368.15 716.87 789.56 650.45 580.23 524.37
TOTAL NON-CURRENT 128,923.42 129,932.16 145,415.99 151,104.34 145,884.69 126,623.45 115,230.71 110,441.38 98,289.01 85,612.31
LIABILITIES
CURRENT LIABILITIES
Short Term Borrowings 12,703.61 20,465.87 1,800.00 3,000.00 4,300.00 1,000.00 1,500.00 2,000.00 1,200.00 2,700.00
Trade Payables 325.02 266.14 186.3 225.72 364.11 240.34 413.98 313.89 392.97 329.07
Other Current Liabilities 20,727.14 20,129.59 36,514.92 36,037.96 36,206.47 29,567.42 27,190.31 21,391.30 19,040.36 15,520.04
Short Term Provisions 781.41 932.31 835.88 741.95 700.59 1,059.58 537.21 1,548.38 1,211.95 968.02
TOTAL CURRENT
34,537.18 41,793.91 39,337.10 40,005.63 41,571.17 31,867.34 29,641.50 25,253.57 21,845.28 19,517.13
LIABILITIES
TOTAL CAPITAL AND
246,293.56 247,877.64 254,331.93 255,549.66 246,473.00 212,905.75 194,679.46 178,428.92 158,300.88 139,589.07
LIABILITIES
Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15 Mar-14 Mar-23 Mar-22 Mar-21
BALANCE SHEET OF BALANCE SHEET OF
POWER GRID POWER GRID
CORPORATION OF 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths 12 mths CORPORATION OF 12 Months 12 Months 12 Months
INDIA (in Rs. Cr.) INDIA (in Rs. Cr.)
ASSETS
NON-CURRENT ASSETS NON
Tangible Assets 0.69 0.72 0.69 0.66 0.66 0.72 0.69 0.64 0.56 0.52 Tangible Assets 69.35 71.88 68.96
Intangible Assets 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.00 0.00 Intangible Assets 0.60 0.63 0.61
Capital Work-In-Progress 0.03 0.03 0.07 0.12 0.14 0.14 0.18 0.19 0.25 0.23 Capital Work-In-Progress 3.11 2.96 7.04
Other Assets 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.06 0.08 0.13 Other Assets 0.00 0.00 0.00
FIXED ASSETS 0.73 0.75 0.77 0.78 0.80 0.86 0.88 0.89 0.90 0.88 FIXED ASSETS 73.07 75.48 76.64
Non-Current Investments 0.03 0.03 0.02 0.01 0.01 0.01 0.01 0.00 0.00 0.01 Non-Current Investments 3.01 2.92 1.68
Deferred Tax Assets [Net] 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Deferred Tax Assets [Net] 0.00 0.00 0.00
Long Term Loans And Long Term Loans And

0.07 0.06 0.04 0.05 0.04 0.04 0.02 0.03 0.03 0.03 6.86 5.76 4.12
Advances Advances
Other Non-Current Assets 0.04 0.04 0.04 0.04 0.04 0.03 0.04 0.00 0.00 0.00 Other Non-Current Assets 3.97 3.61 3.56
TOTAL NON-CURRENT TOTAL NON-CURRENT

0.87 0.88 0.86 0.89 0.89 0.94 0.94 0.92 0.93 0.92 86.92 87.76 86.00
ASSETS ASSETS
CURRENT ASSETS C
Current Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Current Investments 0.00 0.00 0.00
Inventories 0.01 0.01 0.01 0.01 0.00 0.00 0.00 0.00 0.00 0.01 Inventories 0.54 0.55 0.54
Trade Receivables 0.05 0.04 0.01 0.02 0.02 0.02 0.02 0.02 0.01 0.01 Trade Receivables 5.03 3.67 1.42
Cash And Cash Equivalents 0.02 0.01 0.02 0.02 0.02 0.01 0.02 0.01 0.01 0.03 Cash And Cash Equivalents 1.92 1.20 2.07
Short Term Loans And Short Term Loans And

0.00 0.00 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.18 0.13 2.13
Advances Advances
OtherCurrentAssets 0.05 0.07 0.08 0.06 0.06 0.03 0.02 0.02 0.01 0.01 OtherCurrentAssets 5.41 6.69 7.84
TOTAL CURRENT ASSETS 0.13 0.12 0.14 0.11 0.11 0.06 0.06 0.06 0.05 0.07 TOTAL CURRENT ASSETS 13.08 12.24 14.00
TOTAL ASSETS 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 TOTAL ASSETS 100.00 100.00 100.00
EQUITIES AND LIABILITIES EQUIT

SHAREHOLDER'S FUNDS SHAR
Equity Share Capital 0.03 0.03 0.02 0.02 0.02 0.02 0.03 0.03 0.03 0.04 Equity Share Capital 2.83 2.81 2.06
TOTAL SHARE CAPITAL 0.03 0.03 0.02 0.02 0.02 0.02 0.03 0.03 0.03 0.04 TOTAL SHARE CAPITAL 2.83 2.81 2.06
Reserves and Surplus 0.31 0.28 0.25 0.23 0.22 0.23 0.23 0.21 0.21 0.21 Reserves and Surplus 30.80 27.91 25.30
TOTAL RESERVES AND TOTAL RESERVES AND
SURPLUS 0.31 0.28 0.25 0.23 0.22 0.23 0.23 0.21 0.21 0.21 SURPLUS 30.80 27.91 25.30
TOTAL SHAREHOLDERS 0.34 0.31 0.27 0.25 0.24 0.26 0.26 0.24 0.24 0.25 TOTAL SHAREHOLDERS 33.63 30.72 27.36
FUNDS FUNDS
NON-CURRENT LIABILITIES NON-C

Long Term Borrowings 0.46 0.46 0.51 0.53 0.53 0.57 0.57 0.56 0.56 0.55 Long Term Borrowings 46.24 46.07 50.75
Deferred Tax Liabilities
[Net] 0.04 0.05 0.05 0.04 0.04 0.01 0.01 0.01 0.02 0.02 Deferred Tax Liabilities [Net] 4.32 4.61 4.70
Other Long Term

Liabilities 0.02 0.02 0.02 0.02 0.02 0.00 0.00 0.04 0.04 0.04 Other Long Term Liabilities 1.55 1.53 1.55
Long Term Provisions 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Long Term Provisions 0.23 0.21 0.18
TOTAL NON-CURRENT 0.52 0.52 0.57 0.59 0.59 0.59 0.59 0.62 0.62 0.61 TOTAL NON-CURRENT 52.35 52.42 57.18
LIABILITIES LIABILITIES
CURRENT LIABILITIES CUR
Short Term Borrowings 0.05 0.08 0.01 0.01 0.02 0.00 0.01 0.01 0.01 0.02 Short Term Borrowings 5.16 8.26 0.71
Trade Payables 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 Trade Payables 0.13 0.11 0.07
Other Current Liabilities 0.08 0.08 0.14 0.14 0.15 0.14 0.14 0.12 0.12 0.11 Other Current Liabilities 8.42 8.12 14.36
Short Term Provisions 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.01 0.01 Short Term Provisions 0.32 0.38 0.33
TOTAL CURRENT TOTAL CURRENT
0.14 0.17 0.15 0.16 0.17 0.15 0.15 0.14 0.14 0.14 14.02 16.86 15.47
TOTAL CAPITAL AND TOTAL CAPITAL AND
1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00 100.00 100.00 100.00
12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
ASSETS
NON-CURRENT ASSETS
65.87 65.84 71.51 68.96 64.01 56.16 51.94
0.59 0.65 0.64 0.64 0.53 0.50 0.47
11.81 13.54 14.21 18.39 18.93 25.06 22.57
0.00 0.00 0.00 0.00 5.53 8.24 12.63
78.36 80.11 86.38 88.04 89.09 90.09 87.85
1.47 1.12 0.76 0.68 0.43 0.47 0.58
0.00 0.00 0.00 0.00 0.00 0.00 0.00
5.00 4.34 3.88 1.86 2.71 2.64 3.26
4.00 3.90 3.06 3.69 0.00 0.00 0.00
88.83 89.47 94.07 94.27 92.24 93.20 91.70

CURRENT ASSETS
0.00 0.00 0.00 0.00 0.02 0.12 0.13
0.55 0.50 0.49 0.47 0.46 0.45 0.51
1.90 1.88 1.71 1.65 1.53 1.34 1.13
2.11 1.76 1.02 1.72 1.38 1.30 3.16
0.27 0.17 0.02 0.02 0.44 0.36 0.34

6.33 6.23 2.69 1.88 1.76 1.44 1.24
11.17 10.53 5.93 5.73 5.59 5.01 6.52
100.00 100.00 100.00 100.00 100.00 100.00 100.00

SHAREHOLDER'S FUNDS
2.05 2.12 2.46 2.69 2.93 3.30 3.75
2.05 2.12 2.46 2.69 2.93 3.30 3.75
23.17 21.82 23.10 22.90 21.02 20.81 20.94
23.17 21.82 23.10 22.90 21.02 20.81 20.94
25.22 23.94 25.56 25.58 23.95 24.11 24.69
52.99 53.17 57.50 57.00 56.18 56.46 55.01
4.45 4.09 1.21 1.31 1.40 1.56 1.75
1.52 1.78 0.43 0.48 3.96 3.70 4.19

0.17 0.15 0.34 0.41 0.36 0.37 0.38
59.13 59.19 59.47 59.19 61.90 62.09 61.33
CURRENT LIABILITIES
1.17 1.74 0.47 0.77 1.12 0.76 1.93
0.09 0.15 0.11 0.21 0.18 0.25 0.24
14.10 14.69 13.89 13.97 11.99 12.03 11.12
0.29 0.28 0.50 0.28 0.87 0.77 0.69
15.65 16.87 14.97 15.23 14.15 13.80 13.98
100.00 100.00 100.00 100.00 100.00 100.00 100.00

PROFIT & LOSS
ACCOUNT OF POWER
GRID CORPORATION OF 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
INDIA (in Rs. Cr.)
INCOME
REVENUE FROM
OPERATIONS [GROSS] 41,857.57 39,140.82 37,329.65 35,242.13 33,891.17 29,752.46 25,710.07
Less: Excise/Sevice 0 0 0 0 0 0 0
Tax/Other Levies
REVENUE FROM
41,857.57 39,140.82 37,329.65 35,242.13 33,891.17 29,752.46 25,710.07
OPERATIONS [NET]
TOTAL OPERATING
REVENUES 43,343.05 39,928.09 37,665.65 36,185.54 34,119.12 29,752.46 25,710.07
Other Income 2,625.02 2,407.78 2,861.46 2,132.43 1,498.95 1,013.86 866.63
TOTAL REVENUE 45,968.07 42,335.87 40,527.11 38,317.97 35,618.07 30,766.32 26,576.70
EXPENSES
Cost Of Materials
0 0 0 0 0 0 0
Consumed
Purchase Of Stock-In
0 0 0 0 0 0 0
Trade
Operating And Direct
0 0 0 0 0 0 0
Expenses
FG,WIP And Stock-In 0 0 0 0 0 0 0
Trade
Employee Benefit
2,504.96 2,234.76 2,110.74 1,959.47 1,783.57 1,605.89 1,377.13
Expenses
Finance Costs 9,744.25 8,210.94 8,501.01 9,813.62 9,091.42 7,590.66 6,303.83
Depreciation And
12,939.88 12,550.58 11,711.68 11,073.18 10,200.67 9,091.25 7,662.80
Amortisation Expenses
Other Expenses 3,564.29 2,771.62 2,498.97 2,824.35 3,053.43 2,208.90 1,733.11
TOTAL EXPENSES 28,753.38 25,767.90 24,822.40 25,670.62 24,129.09 20,496.70 17,076.87
PROFIT/LOSS BEFORE
EXCEPTIONAL,
17,214.69 16,567.97 15,704.71 12,647.35 11,488.98 10,269.62 9,499.83
EXTRAORDINARY ITEMS
AND TAX
PROFIT/LOSS BEFORE 17,471.12 19,804.82 15,024.92 14,330.75 8,962.11 10,476.85 9,569.76
TAX

Current Tax 2,987.43 3,320.52 2,527.55 2,108.83 2,489.43 2,203.59 1,988.45
Less: MAT Credit 0 0 0 0 0 0 0
Entitlement
Deferred Tax -775.57 -571 560.03 1,288.83 -3,465.87 18.96 61.16
PROFIT/LOSS AFTER
TAX AND BEFORE 15,333.02 17,093.76 11,935.78 10,811.18 9,938.55 8,238.96 7,520.15
EXTRAORDINARY ITEMS
PROFIT/LOSS FROM
CONTINUING 15,333.02 17,093.76 11,935.78 10,811.18 9,938.55 8,238.96 7,520.15
OPERATIONS
PROFIT/LOSS FOR THE
PERIOD 15,333.02 17,093.76 11,935.78 10,811.18 9,938.55 8,238.96 7,520.15
12 Months 12 Months 12 Months OF INDIA (in Rs. Cr.) 12 Months 12 Months 12 Months 12 Months
INCOME

20,734.79 17,177.23 15,152.74 [GROSS]
2,716.75 1,811.17 2,087.52 1,350.96

0 0 0 Levies
0.00 0.00 0.00 0.00

20,734.79 17,177.23 15,152.74 [NET]
2,716.75 1,811.17 2,087.52 1,350.96
20,802.22 17,177.23 15,230.28 TOTAL OPERATING REVENUES 3,414.96 2,262.44 1,480.11 2,066.42
478.96 602.81 491.13 Other Income 217.24 -453.68 729.03 633.48

21,281.18 17,780.04 15,721.41 TOTAL REVENUE 3,632.20 1,808.76 2,209.14 2,699.90
EXPENSES
0 0 0 Cost Of Materials Consumed 0 0 0 0
0 0 219.4 Purchase Of Stock-In Trade 0 0 0 0
0 0 0 Operating And Direct Expenses 0 0 0 0
Changes In Inventories Of FG,WIP

0 0 0 And Stock-In Trade
0 0 0 0
980.54 1,023.65 941.68 Employee Benefit Expenses 270.2 124.02 151.27 175.9
5,022.97 3,979.32 3,167.52 Finance Costs 1533.31 -290.07 -1312.61 722.2

6,182.76 5,085.41 3,995.68 Expenses
389.3 838.9 638.5 872.51
1,540.87 1,355.16 1,112.86 Other Expenses 792.67 272.65 -325.38 -229.08

13,727.14 11,443.54 9,437.14 TOTAL EXPENSES 2985.48 945.5 -848.22 1541.53
PROFIT/LOSS BEFORE
EXCEPTIONAL,
7,554.04 6,336.50 6,284.27 EXTRAORDINARY ITEMS AND 646.72 863.26 3057.36 1158.37
TAX
-0.05 0 0 Exceptional Items -2980.42 3916.64 -2363.19 4210.27
7,553.99 6,336.50 6,284.27 PROFIT/LOSS BEFORE TAX -2333.7 4779.9 694.17 5368.64

1,574.81 1,281.25 1,274.30 Current Tax -333.09 792.97 418.72 -380.60
0 0 0 Less: MAT Credit Entitlement 0.00 0.00 0.00 0.00
17.22 29.22 492.2 Deferred Tax -204.57 -1,131.03 -728.80 4,754.70

-0.02 -0.26 -0.17 Tax For Earlier Years -35.30 -40.02 -120.35 121.91
1,592.01 1,310.21 1,766.33 TOTAL TAX EXPENSES -572.96 -378.08 -430.43 4,496.01
PROFIT/LOSS AFTER TAX AND

5,961.98 5,026.29 4,517.94 BEFORE EXTRAORDINARY -1,760.74 5,157.98 1,124.60 872.63
ITEMS
PROFIT/LOSS FROM
6,026.72 4,979.17 4,497.42 CONTINUING OPERATIONS
-1,760.74 5,157.98 1,124.60 872.63
6,026.72 4,979.17 4,497.42 PROFIT/LOSS FOR THE PERIOD -1,760.74 5,157.98 1,124.60 872.63
PROFIT & LOSS ACCOUNT
OF POWER GRID
12 Months 12 Months 12 Months 12 Months 12 Months CORPORATION OF 12 Months 12 Months
INDIA (in Rs. Cr.)
INCOME
REVENUE FROM
4,138.71 4,042.39 4,975.28 3,557.56 2,024.49
OPERATIONS [GROSS] 6.94 4.85
0.00 0.00 0.00 0.00 0.00

Less: Excise/Sevice #DIV/0! #DIV/0!
Tax/Other Levies
REVENUE FROM
4,138.71 4,042.39 4,975.28 3,557.56 2,024.49 6.94 4.85
OPERATIONS [NET]
TOTAL OPERATING
4,366.66 4,042.39 4,907.85 3,624.99 1,946.95
REVENUES 8.55 6.01
485.09 147.23 387.67 -123.85 111.68 Other Income 9.02 -15.85
4,851.75 4,189.62 5,295.52 3,501.14 2,058.63 TOTAL REVENUE 8.58 4.46
EXPENSES
Cost Of Materials
0 0 0 0 0 #DIV/0! #DIV/0!
Consumed
0 0 0 0 -219.4 Purchase Of Stock-In Trade #DIV/0! #DIV/0!

0 0 0 0 0 #DIV/0! #DIV/0!
Expenses
0 0 0 0 0 #DIV/0! #DIV/0!
FG,WIP And Stock-In Trade
177.68 228.76 396.59 -43.11 81.97 Employee Benefit Expenses 12.09 5.88
1500.76 1286.83 1280.86 1043.65 811.8 Finance Costs 18.67 -3.41
Depreciation And
1109.42 1428.45 1480.04 1097.35 1089.73 3.10 7.16
844.53 475.79 192.24 185.71 242.3 Other Expenses 28.60 10.91
3632.39 3419.83 3349.73 2283.6 2006.4 TOTAL EXPENSES 11.59 3.81
PROFIT/LOSS BEFORE
EXCEPTIONAL,
1219.36 769.79 1945.79 1217.54 52.23 3.90 5.50
EXTRAORDINARY ITEMS
AND TAX
-2734.1 137.3 69.98 -0.05 0 Exceptional Items -92.08 -576.15
-1514.74 907.09 2015.77 1217.49 52.23
PROFIT/LOSS BEFORE -11.78 31.81
TAX
ES-CONTINUED OPERATIONS TAX EXPENSES

285.84 215.14 413.64 293.56 6.95 Current Tax -10.03 31.37
0.00 0.00 0.00 0.00 0.00
Less: MAT Credit #DIV/0! #DIV/0!
Entitlement
-3,484.83 -42.20 43.94 -12.00 -462.98 Deferred Tax 35.83 -201.96
-15.34 15.34 0.02 0.24 -0.09 Tax For Earlier Years 91.78 -2565.38
-3,214.33 188.28 457.60 281.80 -456.12 TOTAL TAX EXPENSES -21.13 -12.24
PROFIT/LOSS AFTER TAX

1,699.59 718.81 1,558.17 935.69 508.35 AND BEFORE -10.30 43.21
EXTRAORDINARY ITEMS
PROFIT/LOSS FROM
1,699.59 718.81 1,493.43 1,047.55 481.75 CONTINUING -10.30 43.21
OPERATIONS
PROFIT/LOSS FOR THE
1,699.59 718.81 1,493.43 1,047.55 481.75
PERIOD -10.30 43.21
INCOME
5.92 3.99 13.91 15.72 23.99 20.71 13.36
5.92 3.99 13.91 15.72 23.99 20.71 13.36
4.09 6.06 14.68 15.72 23.59 21.10 12.78

34.19 42.26 47.85 16.99 80.94 -20.55 22.74
5.77 7.58 15.77 15.76 24.88 19.69 13.09
EXPENSES
#DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! #DIV/0! -100.00
7.72 9.86 11.06 16.61 40.45 -4.21 8.70

-13.38 7.94 19.77 20.41 25.50 26.23 25.63
5.77 8.55 12.20 18.64 23.94 21.58 27.27
-11.52 -7.50 38.23 27.45 12.48 13.70 21.77
-3.30 6.39 17.72 20.03 24.40 19.96 21.26
24.17 10.08 11.87 8.10 25.76 19.21 0.83
-140.38 -166.62 -1319.36 196.34 -139960.00 #DIV/0! #DIV/0!
4.84 59.90 -14.46 9.48 26.68 19.21 0.83

19.86 -15.29 12.97 10.82 26.27 22.91 0.55
-56.55 -137.19 -18379.91 -69.00 255.17 -41.07 -94.06
-98.72 #DIV/0! -100.00 #DIV/0! -100.00 -92.31 52.94
-12.23 -460.45 -143.63 9.19 28.74 21.51 -25.82
10.40 8.78 20.63 9.56 26.14 18.62 11.25

10.40 8.78 20.63 9.56 24.78 21.04 10.71
10.40 8.78 20.63 9.56 24.78 21.04 10.71


OF POWER GRID
CORPORATION OF 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
INDIA (in Rs. Cr.)
INCOME
REVENUE FROM
OPERATIONS [GROSS] 41,857.57 39,140.82 37,329.65 35,242.13 33,891.17 29,752.46
Less: Excise/Sevice 0 0 0 0 0 0
Tax/Other Levies
REVENUE FROM 41,857.57 39,140.82 37,329.65 35,242.13 33,891.17 29,752.46
OPERATIONS [NET]
TOTAL OPERATING 43,343.05 39,928.09 37,665.65 36,185.54 34,119.12 29,752.46
REVENUES
Other Income 2,625.02 2,407.78 2,861.46 2,132.43 1,498.95 1,013.86
TOTAL REVENUE 45,968.07 42,335.87 40,527.11 38,317.97 35,618.07 30,766.32
EXPENSES
Cost Of Materials 0 0 0 0 0 0
Consumed
Purchase Of Stock-In Trade 0 0 0 0 0 0

Expenses 0 0 0 0 0 0
FG,WIP And Stock-In Trade 0 0 0 0 0 0
Employee Benefit
2,504.96 2,234.76 2,110.74 1,959.47 1,783.57 1,605.89
Expenses
Finance Costs 9,744.25 8,210.94 8,501.01 9,813.62 9,091.42 7,590.66
Depreciation And 12,939.88 12,550.58 11,711.68 11,073.18 10,200.67 9,091.25

Other Expenses 3,564.29 2,771.62 2,498.97 2,824.35 3,053.43 2,208.90

TOTAL EXPENSES 28,753.38 25,767.90 24,822.40 25,670.62 24,129.09 20,496.70
PROFIT/LOSS BEFORE
EXCEPTIONAL, 17,214.69 16,567.97 15,704.71 12,647.35 11,488.98 10,269.62
EXTRAORDINARY ITEMS
AND TAX
Exceptional Items 256.43 3,236.85 -679.79 1,683.40 -2,526.87 207.23

PROFIT/LOSS BEFORE
17,471.12 19,804.82 15,024.92 14,330.75 8,962.11 10,476.85
TAX

Current Tax 2,987.43 3,320.52 2,527.55 2,108.83 2,489.43 2,203.59
Less: MAT Credit
Entitlement 0 0 0 0 0 0
Deferred Tax -775.57 -571 560.03 1,288.83 -3,465.87 18.96
Tax For Earlier Years -73.76 -38.46 1.56 121.91 0 15.34
TOTAL TAX EXPENSES 2,138.10 2,711.06 3,089.14 3,519.57 -976.44 2,237.89
PROFIT/LOSS AFTER
TAX AND BEFORE 15,333.02 17,093.76 11,935.78 10,811.18 9,938.55 8,238.96
EXTRAORDINARY ITEMS
PROFIT/LOSS FROM
CONTINUING 15,333.02 17,093.76 11,935.78 10,811.18 9,938.55 8,238.96
OPERATIONS
PROFIT/LOSS FOR THE 15,333.02 17,093.76 11,935.78 10,811.18 9,938.55 8,238.96
PERIOD

12 Months 12 Months 12 Months 12 Months OF INDIA (in Rs. Cr.) 12 Months 12 Months
INC

25,710.07 20,734.79 17,177.23 15,152.74 [GROSS]
0.97 0.98

0 0 0 0 Levies
0.00 0.00

25,710.07 20,734.79 17,177.23 15,152.74 [NET]
0.97 0.98
TOTAL OPERATING
25,710.07 20,802.22 17,177.23 15,230.28 REVENUES
1.00 1.00
866.63 478.96 602.81 491.13 Other Income 0.06 0.06

26,576.70 21,281.18 17,780.04 15,721.41 TOTAL REVENUE 1.06 1.06
EXP
0 0 0 0 Cost Of Materials Consumed 0.00 0.00
0 0 0 219.4 Purchase Of Stock-In Trade 0.00 0.00
0 0 0 0 Operating And Direct Expenses 0.00 0.00
0 0 0 0 FG,WIP And Stock-In Trade
0.00 0.00
1,377.13 980.54 1,023.65 941.68 Employee Benefit Expenses 0.06 0.06
6,303.83 5,022.97 3,979.32 3,167.52 Finance Costs 0.22 0.21

7,662.80 6,182.76 5,085.41 3,995.68 Expenses
0.30 0.31
1,733.11 1,540.87 1,355.16 1,112.86 Other Expenses 0.08 0.07

17,076.87 13,727.14 11,443.54 9,437.14 TOTAL EXPENSES 0.66 0.65
PROFIT/LOSS BEFORE
EXCEPTIONAL,
9,499.83 7,554.04 6,336.50 6,284.27 EXTRAORDINARY ITEMS AND
0.40 0.41
TAX
69.93 -0.05 0 0 Exceptional Items 0.01 0.08
9,569.76 7,553.99 6,336.50 6,284.27 PROFIT/LOSS BEFORE TAX 0.40 0.50
RATIONS TAX EXPENSES-CON

1,988.45 1,574.81 1,281.25 1,274.30 Current Tax 0.07 0.08
0 0 0 0 Less: MAT Credit Entitlement 0.00 0.00
61.16 17.22 29.22 492.2 Deferred Tax -0.02 -0.01

0 -0.02 -0.26 -0.17 Tax For Earlier Years 0.00 0.00
2,049.61 1,592.01 1,310.21 1,766.33 TOTAL TAX EXPENSES 0.05 0.07

PROFIT/LOSS AFTER TAX
7,520.15 5,961.98 5,026.29 4,517.94 AND BEFORE 0.35 0.43
EXTRAORDINARY ITEMS
PROFIT/LOSS FROM
7,520.15 6,026.72 4,979.17 4,497.42 CONTINUING OPERATIONS
0.35 0.43
PROFIT/LOSS FOR THE

7,520.15 6,026.72 4,979.17 4,497.42 PERIOD 0.35 0.43
Mar-21 Mar-20 Mar-19 Mar-18 Mar-17 Mar-16 Mar-15 Mar-14
12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
INCOME
0.99 0.97 0.99 1.00 1.00 1.00 1.00 0.99
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.99 0.97 0.99 1.00 1.00 1.00 1.00 0.99
1.00 1.00 1.00 1.00 1.00 1.00 1.00 1.00
0.08 0.06 0.04 0.03 0.03 0.02 0.04 0.03

1.08 1.06 1.04 1.03 1.03 1.02 1.04 1.03
EXPENSES
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.06 0.05 0.05 0.05 0.05 0.05 0.06 0.06
0.23 0.27 0.27 0.26 0.25 0.24 0.23 0.21
0.31 0.31 0.30 0.31 0.30 0.30 0.30 0.26
0.07 0.08 0.09 0.07 0.07 0.07 0.08 0.07

0.66 0.71 0.71 0.69 0.66 0.66 0.67 0.62
0.42 0.35 0.34 0.35 0.37 0.36 0.37 0.41
-0.02 0.05 -0.07 0.01 0.00 0.00 0.00 0.00
0.40 0.40 0.26 0.35 0.37 0.36 0.37 0.41

0.07 0.06 0.07 0.07 0.08 0.08 0.07 0.08
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.01 0.04 -0.10 0.00 0.00 0.00 0.00 0.03

0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
0.08 0.10 -0.03 0.08 0.08 0.08 0.08 0.12

0.32 0.30 0.29 0.28 0.29 0.29 0.29 0.30
0.32 0.30 0.29 0.28 0.29 0.29 0.29 0.30
0.32 0.30 0.29 0.28 0.29 0.29 0.29 0.30

PROFIT & LOSS

ACCOUNT OF POWER
GRID CORPORATION 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
OF INDIA (in Rs. Cr.)
INCOME
REVENUE FROM
OPERATIONS [GROSS] 96.57 98.03 99.11 97.39 99.33 100.00 100.00
Less: Excise/Sevice 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Tax/Other Levies
REVENUE FROM 96.57 98.03 99.11 97.39 99.33 100.00 100.00
OPERATIONS [NET]
TOTAL OPERATING 100.00 100.00 100.00 100.00 100.00 100.00 100.00
REVENUES
Other Income 6.06 6.03 7.60 5.89 4.39 3.41 3.37
TOTAL REVENUE 106.06 106.03 107.60 105.89 104.39 103.41 103.37
EXPENSES
Cost Of Materials 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Consumed
Purchase Of Stock-In
0.00 0.00 0.00 0.00 0.00 0.00 0.00
Trade
Expenses 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Changes In Inventories
Of FG,WIP And Stock-In 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Trade
Employee Benefit
5.78 5.60 5.60 5.42 5.23 5.40 5.36
Expenses
Finance Costs 22.48 20.56 22.57 27.12 26.65 25.51 24.52
Depreciation And 29.85 31.43 31.09 30.60 29.90 30.56 29.80

Other Expenses 8.22 6.94 6.63 7.81 8.95 7.42 6.74

TOTAL EXPENSES 66.34 64.54 65.90 70.94 70.72 68.89 66.42
PROFIT/LOSS BEFORE
EXCEPTIONAL, 39.72 41.49 41.70 34.95 33.67 34.52 36.95
EXTRAORDINARY
ITEMS AND TAX
Exceptional Items 0.59 8.11 -1.80 4.65 -7.41 0.70 0.27

PROFIT/LOSS BEFORE
40.31 49.60 39.89 39.60 26.27 35.21 37.22
TAX

Current Tax 6.89 8.32 6.71 5.83 7.30 7.41 7.73
Less: MAT Credit
Entitlement 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax -1.79 -1.43 1.49 3.56 -10.16 0.06 0.24
Tax For Earlier Years -0.17 -0.10 0.00 0.34 0.00 0.05 0.00
TOTAL TAX EXPENSES 4.93 6.79 8.20 9.73 -2.86 7.52 7.97
PROFIT/LOSS AFTER
TAX AND BEFORE 35.38 42.81 31.69 29.88 29.13 27.69 29.25
EXTRAORDINARY
ITEMS
PROFIT/LOSS FROM
CONTINUING 35.38 42.81 31.69 29.88 29.13 27.69 29.25
OPERATIONS
PROFIT/LOSS FOR 35.38 42.81 31.69 29.88 29.13 27.69 29.25
THE PERIOD
99.68 100.00 99.49
0.00 0.00 0.00
99.68 100.00 99.49
100.00 100.00 100.00

2.30 3.51 3.22
102.30 103.51 103.22
0.00 0.00 0.00
0.00 0.00 1.44
0.00 0.00 0.00
0.00 0.00 0.00
4.71 5.96 6.18

24.15 23.17 20.80
29.72 29.61 26.24
7.41 7.89 7.31

65.99 66.62 61.96
36.31 36.89 41.26
0.00 0.00 0.00
36.31 36.89 41.26
7.57 7.46 8.37

0.00 0.00 0.00
0.08 0.17 3.23
0.00 0.00 0.00
7.65 7.63 11.60
28.66 29.26 29.66
28.97 28.99 29.53
28.97 28.99 29.53


OF POWER GRID
CORPORATION OF 12 Months 12 Months 12 Months 12 Months
INDIA (in Rs. Cr.)
INCOME
REVENUE FROM 41,857.57 39,140.82 37,329.65 35,242.13
OPERATIONS [GROSS]
Less: Excise/Sevice
Tax/Other Levies 0 0 0 0
REVENUE FROM
41,857.57 39,140.82 37,329.65 35,242.13
OPERATIONS [NET]
TOTAL OPERATING 43,343.05 39,928.09 37,665.65 36,185.54
REVENUES
Other Income 2,625.02 2,407.78 2,861.46 2,132.43
TOTAL REVENUE 45,968.07 42,335.87 40,527.11 38,317.97
EXPENSES
Cost Of Materials
0 0 0 0
Consumed
Purchase Of Stock-In Trade 0 0 0 0

0 0 0 0
Expenses
0 0 0 0
Employee Benefit 2,504.96 2,234.76 2,110.74 1,959.47

Expenses
Finance Costs 9,744.25 8,210.94 8,501.01 9,813.62
Depreciation And
12,939.88 12,550.58 11,711.68 11,073.18
Other Expenses 3,564.29 2,771.62 2,498.97 2,824.35
TOTAL EXPENSES 28,753.38 25,767.90 24,822.40 25,670.62
PROFIT/LOSS BEFORE
EXCEPTIONAL, 17,214.69 16,567.97 15,704.71 12,647.35
EXTRAORDINARY ITEMS
AND TAX
Exceptional Items 256.43 3,236.85 -679.79 1,683.40
PROFIT/LOSS BEFORE
TAX 17,471.12 19,804.82 15,024.92 14,330.75

Current Tax 2,987.43 3,320.52 2,527.55 2,108.83
Less: MAT Credit
Entitlement 0 0 0 0
Deferred Tax -775.57 -571 560.03 1,288.83
Tax For Earlier Years -73.76 -38.46 1.56 121.91
TOTAL TAX EXPENSES 2,138.10 2,711.06 3,089.14 3,519.57
PROFIT/LOSS AFTER
TAX AND BEFORE 15,333.02 17,093.76 11,935.78 10,811.18
EXTRAORDINARY ITEMS
PROFIT/LOSS FROM
CONTINUING 15,333.02 17,093.76 11,935.78 10,811.18
OPERATIONS
PROFIT/LOSS FOR THE
PERIOD 15,333.02 17,093.76 11,935.78 10,811.18
12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
INCOME
33,891.17 29,752.46 25,710.07 20,734.79 17,177.23 15,152.74
0 0 0 0 0 0
33,891.17 29,752.46 25,710.07 20,734.79 17,177.23 15,152.74
34,119.12 29,752.46 25,710.07 20,802.22 17,177.23 15,230.28

1,498.95 1,013.86 866.63 478.96 602.81 491.13
35,618.07 30,766.32 26,576.70 21,281.18 17,780.04 15,721.41
EXPENSES
0 0 0 0 0 0
0 0 0 0 0 219.4
0 0 0 0 0 0
0 0 0 0 0 0
1,783.57 1,605.89 1,377.13 980.54 1,023.65 941.68

9,091.42 7,590.66 6,303.83 5,022.97 3,979.32 3,167.52
10,200.67 9,091.25 7,662.80 6,182.76 5,085.41 3,995.68
3,053.43 2,208.90 1,733.11 1,540.87 1,355.16 1,112.86
24,129.09 20,496.70 17,076.87 13,727.14 11,443.54 9,437.14
11,488.98 10,269.62 9,499.83 7,554.04 6,336.50 6,284.27
-2,526.87 207.23 69.93 -0.05 0 0
8,962.11 10,476.85 9,569.76 7,553.99 6,336.50 6,284.27
ENSES-CONTINUED OPERATIONS
2,489.43 2,203.59 1,988.45 1,574.81 1,281.25 1,274.30
0 0 0 0 0 0
-3,465.87 18.96 61.16 17.22 29.22 492.2
0 15.34 0 -0.02 -0.26 -0.17
-976.44 2,237.89 2,049.61 1,592.01 1,310.21 1,766.33
9,938.55 8,238.96 7,520.15 5,961.98 5,026.29 4,517.94
9,938.55 8,238.96 7,520.15 6,026.72 4,979.17 4,497.42

9,938.55 8,238.96 7,520.15 6,026.72 4,979.17 4,497.42

OF POWER GRID
CORPORATION OF 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
INDIA (in Rs. Cr.)
INCOME
REVENUE FROM 26,704.83 23,988.08 22,176.91 20,089.39 18,738.43 14,599.72 10,557.33
OPERATIONS [GROSS]
Less: Excise/Sevice
Tax/Other Levies 0.00 0.00 0.00 0.00 0.00 0.00 0.00
REVENUE FROM
26,704.83 23,988.08 22,176.91 20,089.39 18,738.43 14,599.72 10,557.33
OPERATIONS [NET]
TOTAL OPERATING 28,112.77 24,697.81 22,435.37 20,955.26 18,888.84 14,522.18 10,479.79
REVENUES
Other Income 2,133.89 1,916.65 2,370.33 1,641.30 1,007.82 522.73 375.50
TOTAL REVENUE 30,246.66 26,614.46 24,805.70 22,596.56 19,896.66 15,044.91 10,855.29
EXPENSES
Cost Of Materials
0 0 0 0 0 0 0
Consumed
Purchase Of Stock-In Trade -219.4 -219.4 -219.4 -219.4 -219.4 -219.4 -219.4

0 0 0 0 0 0 0
Expenses
0 0 0 0 0 0 0
Employee Benefit 1563.28 1293.08 1169.06 1017.79 841.89 664.21 435.45

Expenses
Finance Costs 6576.73 5043.42 5333.49 6646.1 5923.9 4423.14 3136.31
Depreciation And
8944.2 8554.9 7716 7077.5 6204.99 5095.57 3667.12
Other Expenses 2451.43 1658.76 1386.11 1711.49 1940.57 1096.04 620.25
TOTAL EXPENSES 19316.24 16330.76 15385.26 16233.48 14691.95 11059.56 7639.73
PROFIT/LOSS BEFORE
EXCEPTIONAL, 10930.42 10283.7 9420.44 6363.08 5204.71 3985.35 3215.56
EXTRAORDINARY ITEMS
AND TAX
Exceptional Items 256.43 3236.85 -679.79 1683.4 -2526.87 207.23 69.93
PROFIT/LOSS BEFORE
TAX 11186.85 13520.55 8740.65 8046.48 2677.84 4192.58 3285.49

Current Tax 1,713.13 2,046.22 1,253.25 834.53 1,215.13 929.29 714.15
Less: MAT Credit
Entitlement 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Deferred Tax -1,267.77 -1,063.20 67.83 796.63 -3,958.07 -473.24 -431.04
Tax For Earlier Years -73.59 -38.29 1.73 122.08 0.17 15.51 0.17
TOTAL TAX EXPENSES 371.77 944.73 1,322.81 1,753.24 -2,742.77 471.56 283.28
PROFIT/LOSS AFTER
TAX AND BEFORE 10,815.08 12,575.82 7,417.84 6,293.24 5,420.61 3,721.02 3,002.21
EXTRAORDINARY ITEMS
PROFIT/LOSS FROM
CONTINUING 10,835.60 12,596.34 7,438.36 6,313.76 5,441.13 3,741.54 3,022.73
OPERATIONS
PROFIT/LOSS FOR THE
PERIOD 10,835.60 12,596.34 7,438.36 6,313.76 5,441.13 3,741.54 3,022.73

OF POWER GRID
12 Months 12 Months CORPORATION OF 12 Months 12 Months
INDIA (in Rs. Cr.)
INCOME
5,582.05 2,024.49 REVENUE FROM 176.24 158.31
OPERATIONS [GROSS]
Less: Excise/Sevice
0.00 0.00 Tax/Other Levies #DIV/0! #DIV/0!
REVENUE FROM
5,582.05 2,024.49 176.24 158.31
OPERATIONS [NET]
5,571.94 1,946.95 TOTAL OPERATING 184.58 162.16

REVENUES
-12.17 111.68 Other Income 434.49 390.25
5,559.77 2,058.63 TOTAL REVENUE 192.39 169.29
EXPENSES
Cost Of Materials
0 0 #DIV/0! #DIV/0!
Consumed
-219.4 -219.4 Purchase Of Stock-In Trade -100.00 -100.00

0 0 #DIV/0! #DIV/0!
Expenses
0 0 #DIV/0! #DIV/0!
38.86 81.97 Employee Benefit 166.01 137.32

Expenses
1855.45 811.8 Finance Costs 207.63 159.22
Depreciation And
2187.08 1089.73 223.85 214.10
428.01 242.3 Other Expenses 220.28 149.05
4290 2006.4 TOTAL EXPENSES 204.68 173.05
PROFIT/LOSS BEFORE
1269.77 52.23 EXCEPTIONAL, 173.93 163.64
EXTRAORDINARY ITEMS
AND TAX
-0.05 0 Exceptional Items #DIV/0! #DIV/0!
PROFIT/LOSS BEFORE
1269.72 52.23 TAX 178.01 215.15
TAX EXPENSES-CONTINUED
300.51 6.95 Current Tax 134.44 160.58
Less: MAT Credit
0.00 0.00 Entitlement #DIV/0! #DIV/0!
-474.98 -462.98 Deferred Tax -257.57 -216.01
0.15 -0.09 Tax For Earlier Years 43,288.24 22,523.53
-174.32 -456.12 TOTAL TAX EXPENSES 21.05 53.49
PROFIT/LOSS AFTER
1,444.04 508.35 TAX AND BEFORE 239.38 278.35
EXTRAORDINARY ITEMS
PROFIT/LOSS FROM
1,529.30 481.75 CONTINUING 240.93 280.08
OPERATIONS
PROFIT/LOSS FOR THE
1,529.30 481.75 PERIOD 240.93 280.08
INCOME
146.36 132.58 123.66 96.35 69.67 36.84 13.36
146.36 132.58 123.66 96.35 69.67 36.84 13.36
147.31 137.59 124.02 95.35 68.81 36.58 12.78

482.63 334.19 205.20 106.43 76.46 -2.48 22.74
157.78 143.73 126.56 95.70 69.05 35.36 13.09
EXPENSES
-100.00 -100.00 -100.00 -100.00 -100.00 -100.00 -100.00
124.15 108.08 89.40 70.53 46.24 4.13 8.70

168.38 209.82 187.02 139.64 99.01 58.58 25.63
193.11 177.13 155.29 127.53 91.78 54.74 27.27
124.55 153.79 174.38 98.49 55.73 38.46 21.77
163.03 172.02 155.68 117.19 80.95 45.46 21.26
149.91 101.25 82.82 63.42 51.17 20.21 0.83
139.09 128.04 42.61 66.72 52.28 20.20 0.83

98.35 65.49 95.36 72.93 56.04 23.58 0.55
13.78 161.85 -804.16 -96.15 -87.57 -96.50 -94.06
-1,017.65 -71,811.76 -100.00 -9,123.53 -100.00 -88.24 52.94
74.89 99.26 -155.28 26.70 16.04 -9.87 -25.82
164.19 139.29 119.98 82.36 66.45 31.96 11.25
165.39 140.39 120.98 83.19 67.21 34.00 10.71

165.39 140.39 120.98 83.19 67.21 34.00 10.71
CASH FLOW OF POWER
GRID CORPORATION OF 2023 2022 2021 2020 2019 2018 2017
INDIA (in Rs. Cr.)
NET PROFIT/LOSS BEFORE

EXTRAORDINARY ITEMS 17,214.69 20,327.48 15,109.36 14,687.14 11,488.98 10,476.85 9,569.76
AND TAX
Net CashFlow From Operating

Activities 35,268.25 24,640.20 27,532.46 29,530.10 23,148.92 21,880.78 21,250.90
Net Cash Used In Investing -4,315.83 2,188.54 -7,721.72 -9,665.58 -18,648.45 -24,626.63 -23,433.64
Activities
Net Cash Used From Financing -29,263.65 -28,801.32 -20,185.83 -18,711.99 -2,373.54 1,033.63 3,870.53
Activities
Foreign Exchange Gains /
0 0 0 0 0 0 0
Losses
Adjustments On
Amalgamation Merger 0 0 0 0 0 0 0
Demerger Others
NET INC/DEC IN CASH AND
1,688.77 -1,972.58 -375.09 1,152.53 2,126.93 -1,712.22 1,687.79
CASH EQUIVALENTS
Begin of Year 2,457.47 4,430.05 4,805.14 3,643.14 1,516.21 3,228.43 1,540.64

4,146.24 2,457.47 4,430.05 4,795.67 3,643.14 1,516.21 3,228.43
End Of Year
PROFIT & LOSS ACCOUNT OF POWER Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18 Mar-17
GRID CORPORATION OF INDIA (in
Rs. Cr.) 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months 12 Months
INCOME
[GROSS] 41,857.57 39,140.82 37,329.65 35,242.13 33,891.17 29,752.46 25,710.07
Less: Excise/Sevice Tax/Other Levies 0 0 0 0 0 0 0
REVENUE FROM OPERATIONS [NET] 41,857.57 39,140.82 37,329.65 35,242.13 33,891.17 29,752.46 25,710.07
TOTAL OPERATING REVENUES 43,343.05 39,928.09 37,665.65 36,185.54 34,119.12 29,752.46 25,710.07
Other Income 2,625.02 2,407.78 2,861.46 2,132.43 1,498.95 1,013.86 866.63
TOTAL REVENUE 45,968.07 42,335.87 40,527.11 38,317.97 35,618.07 30,766.32 26,576.70
EXPENSES
Cost Of Materials Consumed 0 0 0 0 0 0 0
Purchase Of Stock-In Trade 0 0 0 0 0 0 0
Operating And Direct Expenses 0 0 0 0 0 0 0

Changes In Inventories Of FG,WIP And
Stock-In Trade 0 0 0 0 0 0 0
Employee Benefit Expenses 2,504.96 2,234.76 2,110.74 1,959.47 1,783.57 1,605.89 1,377.13
Finance Costs 9,744.25 8,210.94 8,501.01 9,813.62 9,091.42 7,590.66 6,303.83

Expenses 12,939.88 12,550.58 11,711.68 11,073.18 10,200.67 9,091.25 7,662.80
Other Expenses 3,564.29 2,771.62 2,498.97 2,824.35 3,053.43 2,208.90 1,733.11
TOTAL EXPENSES 28,753.38 25,767.90 24,822.40 25,670.62 24,129.09 20,496.70 17,076.87
PROFIT/LOSS BEFORE
EXCEPTIONAL, EXTRAORDINARY 17,214.69 16,567.97 15,704.71 12,647.35 11,488.98 10,269.62 9,499.83
ITEMS AND TAX
PROFIT/LOSS BEFORE TAX 17,471.12 19,804.82 15,024.92 14,330.75 8,962.11 10,476.85 9,569.76
Current Tax 2,987.43 3,320.52 2,527.55 2,108.83 2,489.43 2,203.59 1,988.45
Less: MAT Credit Entitlement 0 0 0 0 0 0 0
Deferred Tax -775.57 -571 560.03 1,288.83 -3,465.87 18.96 61.16
PROFIT/LOSS AFTER TAX AND 15,333.02 17,093.76 11,935.78 10,811.18 9,938.55 8,238.96 7,520.15
BEFORE EXTRAORDINARY ITEMS
PROFIT/LOSS FROM CONTINUING 15,333.02 17,093.76 11,935.78 10,811.18 9,938.55 8,238.96 7,520.15
OPERATIONS
PROFIT/LOSS FOR THE PERIOD 15,333.02 17,093.76 11,935.78 10,811.18 9,938.55 8,238.96 7,520.15
PAT 0.37 0.44 0.32 0.31 0.29 0.28 0.29

3.17
Average PAT of 10 Years 0.32
40,000.00
2016 2015 2014
30,000.00
7,618.78 6,289.38 6,263.75

20,000.00
16,151.11 15,041.77 15,259.33

10,000.00
-21,147.61 -23,843.45 -26,377.63
5,387.24 6,447.14 13,873.85

0.00
2023 2022 2021 2020 2019 2018
0 0 0
-10,000.00
0 0 0
390.74 -2,354.54 2,755.55 -20,000.00
2,062.98 4,417.52 1,661.97

-30,000.00
2,453.72 2,062.98 4,417.52
-40,000.00
20,734.79 17,177.23 15,152.74
0 0 0
20,734.79 17,177.23 15,152.74
20,802.22 17,177.23 15,230.28
478.96 602.81 491.13
21,281.18 17,780.04 15,721.41
0 0 0
0 0 219.4
0 0 0
0 0 0
980.54 1,023.65 941.68
5,022.97 3,979.32 3,167.52

6,182.76 5,085.41 3,995.68
1,540.87 1,355.16 1,112.86
13,727.14 11,443.54 9,437.14
7,554.04 6,336.50 6,284.27
-0.05 0 0
7,553.99 6,336.50 6,284.27
1,574.81 1,281.25 1,274.30
0 0 0
17.22 29.22 492.2
-0.02 -0.26 -0.17
1,592.01 1,310.21 1,766.33
5,961.98 5,026.29 4,517.94
6,026.72 4,979.17 4,497.42
6,026.72 4,979.17 4,497.42
0.29 0.29 0.30

NET PROFIT/LOSS BEFORE EXTRAORDINARY
ITEMS AND TAX
Net CashFlow From Operating Activities
Net Cash Used In Investing Activities
Net Cash Used From Financing Activities
Foreign Exchange Gains / Losses
2021 2020 2019 2018 2017 2016 2015 2014 Adjustments On Amalgamation Merger
Demerger Others
NET INC/DEC IN CASH AND CASH EQUIVALENTS
Cash And Cash Equivalents Begin of Year
Cash And Cash Equivalents End Of Year

Assignment - Financial Accounting - Palak Bagiya

Uploaded by

Document Information

Original Title

Copyright

Available Formats

Share this document

Share or Embed Document

Sharing Options

Did you find this document useful?

Is this content inappropriate?

Copyright:

Available Formats

Assignment - Financial Accounting - Palak Bagiya

Uploaded by

Copyright:

Available Formats

BALANCE SHEET OF POWER GRID Mar-23 Mar-22 Mar-21 Mar-20 Mar-19 Mar-18

CORPORATION OF INDIA (in Rs.

Other Non-Current Assets 9,777.78 8,942.19 9,061.00 10,233.98 9,613.81 6,511.86

TOTAL NON-CURRENT ASSETS 214,066.78 217,548.25 218,715.51 227,017.48 220,517.42 200,290.72

OtherCurrentAssets 13,332.17 16,570.66 19,929.89 16,172.35 15,351.65 5,720.31

TOTAL CURRENT ASSETS 32,226.78 30,329.39 35,616.42 28,532.18 25,955.58 12,615.03

TOTAL ASSETS 246,293.56 247,877.64 254,331.93 255,549.66 246,473.00 212,905.75

EQUITIES AND LIABILITIES

TOTAL SHAREHOLDERS FUNDS 82,832.96 76,151.57 69,578.84 64,439.69 59,017.14 54,414.96

TOTAL CURRENT LIABILITIES 34,537.18 41,793.91 39,337.10 40,005.63 41,571.17 31,867.34

12 Months 12 Months 12 Months 12 Months

134,252.57 114,207.36 88,902.51 72,501.95

3,618.41 4,838.56 4,177.89 4,552.99

183,521.81 164,577.70 147,529.24 127,998.10

2.5 35.64 185.43 184.35

35.14 794 566.42 472.04

3,651.37 3,136.79 2,278.87 1,735.63

11,157.65 9,981.80 7,930.10 9,100.40

194,679.46 178,428.92 158,300.88 139,589.07

5,231.59 5,231.59 5,231.59 5,231.59

44,575.66 37,502.38 32,935.00 29,228.04

49,807.25 42,733.97 38,166.59 34,459.63

110,963.17 100,239.75 89,375.84 76,790.22

115,230.71 110,441.38 98,289.01 85,612.31

1,500.00 2,000.00 1,200.00 2,700.00

29,641.50 25,253.57 21,845.28 19,517.13

194,679.46 178,428.92 158,300.88 139,589.07

Less: Excise/Sevice Tax/Other

REVENUE FROM OPERATIONS

Other Income 2,625.02 2,407.78 2,861.46 2,132.43 1,498.95 1,013.86 866.63

Cost Of Materials Consumed 0 0 0 0 0 0 0

Purchase Of Stock-In Trade 0 0 0 0 0 0 0

Operating And Direct Expenses 0 0 0 0 0 0 0

Other Expenses 3,564.29 2,771.62 2,498.97 2,824.35 3,053.43 2,208.90 1,733.11

Exceptional Items 256.43 3,236.85 -679.79 1,683.40 -2,526.87 207.23 69.93

TAX EXPENSES-CONTINUED OPERATIONS

Less: MAT Credit Entitlement 0 0 0 0 0 0 0

Deferred Tax -775.57 -571 560.03 1,288.83 -3,465.87 18.96 61.16

PROFIT/LOSS AFTER TAX AND

PROFIT/LOSS FROM 15,333.02 17,093.76 11,935.78 10,811.18 9,938.55 8,238.96 7,520.15

PROFIT/LOSS FOR THE

12 Months 12 Months 12 Months

20,734.79 17,177.23 15,152.74

20,734.79 17,177.23 15,152.74

20,802.22 17,177.23 15,230.28

478.96 602.81 491.13

980.54 1,023.65 941.68

6,182.76 5,085.41 3,995.68

1,540.87 1,355.16 1,112.86

7,554.04 6,336.50 6,284.27

7,553.99 6,336.50 6,284.27

1,574.81 1,281.25 1,274.30

17.22 29.22 492.2

1,592.01 1,310.21 1,766.33

5,961.98 5,026.29 4,517.94

6,026.72 4,979.17 4,497.42

6,026.72 4,979.17 4,497.42

Net CashFlow From

Net Cash Used In Investing

Net Cash Used From -29,263.65 -28,801.32 -20,185.83 -18,711.99 -2,373.54

NET INC/DEC IN CASH AND 1,688.77

Cash And Cash Equivalents

12 Months 12 Months 12 Months 12 Months 12 Months