Finances of Foreign Direct Investment Companies, 1998-99 (Part 5 of 13) - আরবিআই - Reserve Bank of India
Finances of Foreign Direct Investment Companies, 1998-99 (Part 5 of 13)
STATEMENT 7 : SELECTED FINANCIAL RATIOS - SELECTED FOREIGN DIRECT INVESTMENT COMPANIES - INDUSTRY-WISE, 1996-97 TO 1998-99 |
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(Per cent) |
||||
SELECTED FINANCIAL RATIOS |
Engineering |
Chemicals |
||||||||||
(137) |
(51) |
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|
1996-97 |
1997-98 |
1998-99 |
1996-97 |
1997-98 |
1998-99 |
||||
1 |
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2 |
3 |
4 |
5 |
6 |
7 |
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A. |
Capital structure ratios |
|||||||||||
1. |
Net fixed assets to total net assets |
33.3 |
35.7 |
36.0 |
40.4 |
44.1 |
43.8 |
|||||
2. |
Net worth to total net assets |
37.3 |
37.5 |
38.7 |
46.9 |
45.3 |
44.1 |
|||||
3. |
Debt to equity |
46.5 |
50.2 |
51.9 |
41.7 |
47.9 |
39.2 |
|||||
4. |
Debt to equity |
48.1 |
52.3 |
53.6 |
42.9 |
49.0 |
39.9 |
|||||
(equity adjusted for revaluation reserve) |
||||||||||||
5. |
Short term bank borrowings to inventories |
50.6 |
53.1 |
55.4 |
41.1 |
49.2 |
53.5 |
|||||
6. |
Total outside liabilities to net worth |
168.3 |
166.3 |
158.5 |
113.4 |
120.7 |
126.6 |
|||||
B. |
Liquidity ratios |
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7. |
Current assets to current liabilities * |
1.4 |
1.3 |
1.4 |
1.6 |
1.5 |
1.3 |
|||||
8. |
Quick assets to current liabilities |
65.5 |
65.5 |
72.1 |
61.0 |
58.2 |
55.9 |
|||||
9. |
Current assets to total net assets |
61.5 |
58.4 |
58.1 |
54.2 |
50.3 |
50.0 |
|||||
10. |
Sundry creditors to current assets |
31.7 |
32.6 |
32.5 |
26.8 |
25.4 |
25.8 |
|||||
11. |
Sundry creditors to net working capital |
119.5 |
125.8 |
111.4 |
70.7 |
73.5 |
111.5 |
|||||
C. |
Assets utilization and turnover ratios |
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12. |
Sales to total net assets |
104.1 |
97.0 |
95.7 |
97.7 |
87.5 |
86.6 |
|||||
13. |
Sales to gross fixed assets |
192.2 |
166.3 |
154.8 |
163.0 |
138.7 |
134.5 |
|||||
14. |
Inventories to sales |
20.6 |
20.2 |
19.1 |
21.8 |
22.2 |
20.9 |
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15. |
Sundry debtors to sales |
22.5 |
23.8 |
23.8 |
16.2 |
16.9 |
18.4 |
|||||
16. |
Exports to sales |
8.3 |
8.7 |
9.0 |
10.2 |
12.1 |
10.4 |
|||||
17. |
Gross value added to gross fixed assets |
47.3 |
40.2 |
36.7 |
40.2 |
34.7 |
28.7 |
|||||
18. |
Raw materials consumed to value of production |
58.9 |
57.4 |
56.7 |
49.7 |
52.4 |
51.1 |
|||||
D. |
Sources and uses of funds ratios @ |
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19. |
Gross fixed assets formation to |
|||||||||||
total uses of funds |
68.6 |
86.2 |
68.2 |
57.5 |
||||||||
20. |
Gross capital formation to |
|||||||||||
total uses of funds |
70.5 |
67.2 |
76.6 |
57.8 |
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21. |
External sources of funds to |
|||||||||||
total sources of funds |
56.4 |
8.2 |
70.6 |
50.0 |
||||||||
22. |
Increase in bank borrowings to |
|||||||||||
total external sources |
4.5 |
32.0 |
17.7 |
-17.5 |
||||||||
23. |
Gross savings to gross capital formation |
63.7 |
150.9 |
39.0 |
84.8 |
|||||||
E. |
Profitability and profit allocation ratios |
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24. |
Gross profits to total net assets |
12.1 |
9.1 |
7.8 |
12.8 |
11.2 |
6.8 |
|||||
25. |
Gross profits to sales |
11.7 |
9.3 |
8.2 |
13.1 |
12.8 |
7.8 |
|||||
26. |
Profits after tax to net worth |
12.7 |
9.2 |
6.4 |
11.7 |
10.3 |
8.3 |
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27. |
Tax provision to profits before tax |
39.9 |
36.2 |
42.2 |
37.2 |
36.0 |
37.3 |
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28. |
Profits retained to profits after tax |
66.2 |
64.6 |
47.7 |
65.3 |
59.6 |
48.4 |
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29. |
Dividend to net worth |
4.3 |
3.2 |
3.4 |
4.1 |
4.2 |
4.3 |
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30. |
Ordinary dividend to ordinary paid-up capital |
23.2 |
18.8 |
19.4 |
19.4 |
21.3 |
21.9 |
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(Per cent) |
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Tea |
Trading |
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SELECTED FINANCIAL RATIOS |
(10) |
(14) |
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1996-97 |
1997-98 |
1998-99 |
1996-97 |
1997-98 |
1998-99 |
||||
1 |
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|
8 |
9 |
10 |
11 |
12 |
13 |
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A. |
Capital structure ratios |
|||||||||||
1. |
Net fixed assets to total net assets |
59.6 |
56.1 |
53.0 |
76.7 |
79.0 |
82.0 |
|||||
2. |
Net worth to total net assets |
76.4 |
75.8 |
75.0 |
34.1 |
33.1 |
28.5 |
|||||
3. |
Debt to equity |
4.6 |
4.7 |
8.4 |
135.4 |
148.5 |
181.7 |
|||||
4. |
Debt to equity |
12.1 |
11.1 |
18.3 |
135.5 |
148.5 |
181.8 |
|||||
(equity adjusted for revaluation reserve) |
||||||||||||
5. |
Short term bank borrowings to inventories |
99.1 |
72.7 |
32.9 |
19.3 |
21.4 |
22.5 |
|||||
6. |
Total outside liabilities to net worth |
30.9 |
32.0 |
33.4 |
193.5 |
202.3 |
251.3 |
|||||
B. |
Liquidity ratios |
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7. |
Current assets to current liabilities * |
1.4 |
1.6 |
1.9 |
1.1 |
1.1 |
0.9 |
|||||
8. |
Quick assets to current liabilities |
48.3 |
61.9 |
56.2 |
59.4 |
56.7 |
52.6 |
|||||
9. |
Current assets to total net assets |
27.7 |
32.0 |
35.4 |
21.9 |
20.0 |
17.3 |
|||||
10. |
Sundry creditors to current assets |
26.7 |
28.9 |
27.5 |
36.1 |
31.4 |
18.4 |
|||||
11. |
Sundry creditors to net working capital |
97.3 |
81.4 |
58.2 |
365.8 |
288.8 |
# |
|||||
C. |
Assets utilization and turnover ratios |
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12. |
Sales to total net assets |
50.0 |
60.7 |
61.6 |
54.7 |
62.5 |
54.7 |
|||||
13. |
Sales to gross fixed assets |
66.6 |
83.2 |
86.5 |
69.5 |
76.3 |
63.8 |
|||||
14. |
Inventories to sales |
14.1 |
13.5 |
14.6 |
13.4 |
10.9 |
7.8 |
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15. |
Sundry debtors to sales |
10.6 |
7.6 |
9.8 |
16.9 |
12.3 |
13.2 |
|||||
16. |
Exports to sales |
11.9 |
13.3 |
16.3 |
8.4 |
5.5 |
7.5 |
|||||
17. |
Gross value added to gross fixed assets |
36.6 |
48.1 |
48.4 |
11.8 |
11.2 |
7.1 |
|||||
18. |
Raw materials consumed to value of production |
7.1 |
7.2 |
10.5 |
73.4 |
76.1 |
79.8 |
|||||
D. |
Sources and uses of funds ratios @ |
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19. |
Gross fixed assets formation to |
|||||||||||
total uses of funds |
26.5 |
27.1 |
90.3 |
95.0 |
||||||||
20. |
Gross capital formation to |
|||||||||||
total uses of funds |
45.8 |
43.9 |
94.3 |
88.7 |
||||||||
21. |
External sources of funds to |
|||||||||||
total sources of funds |
5.9 |
24.6 |
86.4 |
84.8 |
||||||||
22. |
Increase in bank borrowings to |
|||||||||||
total external sources |
-108.9 |
-49.7 |
2.8 |
-1.5 |
||||||||
23. |
Gross savings to gross capital formation |
167.4 |
168.2 |
16.2 |
11.5 |
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E. |
Profitability and profit allocation ratios |
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24. |
Gross profits to total net assets |
5.8 |
12.0 |
11.3 |
5.0 |
4.3 |
2.6 |
|||||
25. |
Gross profits to sales |
11.6 |
19.7 |
18.3 |
9.2 |
6.9 |
4.8 |
|||||
26. |
Profits after tax to net worth |
1.9 |
8.6 |
8.4 |
10.1 |
5.8 |
6.7 |
|||||
27. |
Tax provision to profits before tax |
56.3 |
38.4 |
35.7 |
15.6 |
24.3 |
20.0 |
|||||
28. |
Profits retained to profits after tax |
- |
60.5 |
62.7 |
81.8 |
87.3 |
89.1 |
|||||
29. |
Dividend to net worth |
2.1 |
3.4 |
3.1 |
1.8 |
0.7 |
0.7 |
|||||
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30. |
Ordinary dividend to ordinary paid-up capital |
21.7 |
37.3 |
35.7 |
4.4 |
1.8 |
1.9 |
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(Per cent) |
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SELECTED FINANCIAL RATIOS |
All Textiles |
Rubber and Rubber Products |
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(11) |
(4) |
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1996-97 |
1997-98 |
1998-99 |
1996-97 |
1997-98 |
1998-99 |
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1 |
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|
14 |
15 |
16 |
17 |
18 |
19 |
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A. |
Capital structure ratios |
|||||||||||
1. |
Net fixed assets to total net assets |
62.7 |
65.5 |
64.7 |
31.8 |
36.6 |
37.0 |
|||||
2. |
Net worth to total net assets |
34.4 |
34.3 |
31.5 |
33.1 |
49.4 |
49.0 |
|||||
3. |
Debt to equity |
102.9 |
112.5 |
119.0 |
40.3 |
18.6 |
15.6 |
|||||
4. |
Debt to equity |
105.2 |
116.4 |
123.1 |
51.2 |
23.8 |
19.2 |
|||||
(equity adjusted for revaluation reserve) |
||||||||||||
5. |
Short term bank borrowings to inventories |
94.7 |
96.2 |
116.3 |
95.7 |
59.3 |
42.9 |
|||||
6. |
Total outside liabilities to net worth |
190.3 |
191.4 |
217.5 |
201.9 |
102.4 |
103.9 |
|||||
B. |
Liquidity ratios |
|||||||||||
7. |
Current assets to current liabilities * |
1.1 |
1.2 |
1.1 |
1.2 |
1.5 |
1.4 |
|||||
8. |
Quick assets to current liabilities |
44.6 |
41.7 |
43.0 |
66.2 |
78.0 |
76.9 |
|||||
9. |
Current assets to total net assets |
34.5 |
32.5 |
32.6 |
65.4 |
61.0 |
61.0 |
|||||
10. |
Sundry creditors to current assets |
16.7 |
13.9 |
13.0 |
35.9 |
36.3 |
43.8 |
|||||
11. |
Sundry creditors to net working capital |
130.8 |
83.6 |
254.0 |
189.2 |
110.1 |
144.2 |
|||||
C. |
Assets utilization and turnover ratios |
|||||||||||
12. |
Sales to total net assets |
71.9 |
69.4 |
65.3 |
135.4 |
128.7 |
119.0 |
|||||
13. |
Sales to gross fixed assets |
92.7 |
83.8 |
76.4 |
257.8 |
224.4 |
202.9 |
|||||
14. |
Inventories to sales |
19.4 |
20.0 |
21.2 |
15.5 |
14.7 |
17.3 |
|||||
15. |
Sundry debtors to sales |
14.5 |
11.7 |
16.6 |
24.0 |
22.5 |
24.7 |
|||||
16. |
Exports to sales |
40.5 |
44.1 |
43.0 |
11.4 |
12.4 |
10.0 |
|||||
17. |
Gross value added to gross fixed assets |
19.8 |
20.0 |
16.8 |
47.1 |
42.4 |
39.5 |
|||||
18. |
Raw materials consumed to value of production |
56.0 |
53.7 |
55.4 |
66.4 |
63.6 |
63.5 |
|||||
D. |
Sources and uses of funds ratios @ |
|||||||||||
19. |
Gross fixed assets formation to |
|||||||||||
total uses of funds |
87.3 |
72.6 |
75.3 |
55.4 |
||||||||
20. |
Gross capital formation to |
|||||||||||
total uses of funds |
97.5 |
81.0 |
77.8 |
86.4 |
||||||||
21. |
External sources of funds to |
|||||||||||
total sources of funds |
70.9 |
80.8 |
32.1 |
36.1 |
||||||||
22. |
Increase in bank borrowings to |
|||||||||||
total external sources |
14.3 |
36.9 |
-459.6 |
-26.8 |
||||||||
23. |
Gross savings to gross capital formation |
29.2 |
26.6 |
107.0 |
74.2 |
|||||||
E. |
Profitability and profit allocation ratios |
|||||||||||
24. |
Gross profits to total net assets |
8.1 |
7.8 |
4.8 |
13.2 |
12.9 |
11.5 |
|||||
25. |
Gross profits to sales |
11.3 |
11.3 |
7.4 |
9.7 |
10.1 |
9.6 |
|||||
26. |
Profits after tax to net worth |
2.5 |
5.2 |
- |
12.1 |
9.5 |
9.9 |
|||||
27. |
Tax provision to profits before tax |
42.8 |
21.5 |
# |
39.0 |
32.4 |
35.4 |
|||||
28. |
Profits retained to profits after tax |
- |
42.7 |
& |
68.4 |
70.5 |
70.1 |
|||||
29. |
Dividend to net worth |
2.7 |
3.0 |
2.3 |
3.8 |
2.8 |
3.0 |
|||||
|
30. |
Ordinary dividend to ordinary paid-up capital |
8.2 |
8.5 |
5.6 |
33.8 |
29.3 |
33.3 |
||||
For footnotes, please refer to Statement 5. |
STATEMENT 8 : SELECTED FINANCIAL RATIOS - SELECTED FOREIGN DIRECT INVESTMENT COMPANIES - TYPE-WISE, 1996-97 TO 1998-99 |
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(Per cent) |
SELECTED FINANCIAL RATIOS |
Public |
Private |
||||||
(257) |
(64) |
|||||||
|
|
|
1996-97 |
1997-98 |
1998-99 |
1996-97 |
1997-98 |
1998-99 |
1 |
|
|
2 |
3 |
4 |
5 |
6 |
7 |
A. |
Capital structure ratios |
|||||||
1. |
Net fixed assets to total net assets |
40.5 |
42.2 |
42.3 |
37.4 |
35.3 |
35.1 |
|
2. |
Net worth to total net assets |
40.6 |
40.2 |
40.4 |
40.4 |
46.0 |
44.4 |
|
3. |
Debt to equity |
45.2 |
51.6 |
51.7 |
30.4 |
17.1 |
15.2 |
|
4. |
Debt to equity |
47.7 |
54.7 |
54.3 |
30.4 |
17.1 |
15.2 |
|
(equity adjusted for revaluation reserve) |
||||||||
5. |
Short term bank borrowings to inventories |
53.5 |
56.8 |
52.8 |
84.3 |
62.0 |
84.3 |
|
6. |
Total outside liabilities to net worth |
146.2 |
148.6 |
147.7 |
147.8 |
117.2 |
125.0 |
|
B. |
Liquidity ratios |
|||||||
7. |
Current assets to current liabilities * |
1.3 |
1.3 |
1.3 |
1.3 |
1.4 |
1.3 |
|
8. |
Quick assets to current liabilities |
56.1 |
55.7 |
55.1 |
65.4 |
72.8 |
71.4 |
|
9. |
Current assets to total net assets |
54.3 |
51.3 |
50.6 |
61.2 |
63.1 |
63.0 |
|
10. |
Sundry creditors to current assets |
29.5 |
29.4 |
27.8 |
23.0 |
22.8 |
20.3 |
|
11. |
Sundry creditors to net working capital |
118.9 |
120.9 |
116.7 |
100.1 |
81.2 |
80.9 |
|
C. |
Assets utilization and turnover ratios |
|||||||
12. |
Sales to total net assets |
91.7 |
83.0 |
83.3 |
94.3 |
98.4 |
102.5 |
|
13. |
Sales to gross fixed assets |
156.9 |
137.0 |
133.2 |
179.0 |
185.5 |
184.6 |
|
14. |
Inventories to sales |
21.8 |
22.3 |
21.9 |
14.1 |
14.0 |
12.5 |
|
15. |
Sundry debtors to sales |
19.3 |
19.4 |
18.8 |
20.1 |
21.7 |
21.4 |
|
16. |
Exports to sales |
9.8 |
10.3 |
9.7 |
10.3 |
14.8 |
14.6 |
|
17. |
Gross value added to gross fixed assets |
39.9 |
34.9 |
32.8 |
62.2 |
64.5 |
64.6 |
|
18. |
Raw materials consumed to value of production |
51.5 |
50.4 |
48.6 |
39.6 |
34.5 |
33.8 |
|
D. |
Sources and uses of funds ratios @ |
|||||||
19. |
Gross fixed assets formation to |
|||||||
total uses of funds |
59.2 |
62.5 |
41.3 |
54.7 |
||||
20. |
Gross capital formation to |
|||||||
total uses of funds |
67.5 |
72.0 |
54.1 |
57.2 |
||||
21. |
External sources of funds to |
|||||||
total sources of funds |
64.2 |
41.8 |
52.1 |
40.4 |
||||
22. |
Increase in bank borrowings to |
|||||||
total external sources |
13.5 |
-9.0 |
-36.1 |
43.2 |
||||
23. |
Gross savings to gross capital formation |
54.6 |
83.6 |
90.8 |
95.7 |
|||
E. |
Profitability and profit allocation ratios |
|||||||
24. |
Gross profits to total net assets |
12.0 |
10.0 |
8.5 |
10.6 |
10.0 |
10.0 |
|
25. |
Gross profits to sales |
13.1 |
12.0 |
10.3 |
11.2 |
10.2 |
9.7 |
|
26. |
Profits after tax to net worth |
12.7 |
11.7 |
9.1 |
12.2 |
11.3 |
9.0 |
|
27. |
Tax provision to profits before tax |
36.2 |
31.5 |
35.3 |
35.9 |
31.7 |
37.9 |
|
28. |
Profits retained to profits after tax |
65.2 |
66.9 |
57.5 |
81.0 |
79.8 |
68.3 |
|
29. |
Dividend to net worth |
4.4 |
3.9 |
3.9 |
2.3 |
2.3 |
2.9 |
|
|
30. |
Ordinary dividend to ordinary paid-up capital |
22.3 |
20.6 |
20.9 |
3.5 |
3.5 |
4.6 |
For footnotes, please refer to Statement 5. |