Performance of Financial and Investment Companies, 2001-02 - Statements (Part 1 of 3)

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এই তারিখে প্রকাশিত আগস্ট 20, 2003

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Performance of Financial and Investment Companies, 2001-02 - Statements (Part 1 of 3)

Statement 1: Annual Growth Rates of Selected Items - Selected Financial and Investment Companies - Activity-wise, 2000-01 and 2001-02
							(Per cent)

	Item	All Activities (916)		Share Trading and Investment Holding (346)		Loan Finance (216)
		2000-01	2001-02	2000-01	2001-02	2000-01	2001-02

	1	2	3	4	5	6	7

1.	Main income	-3.5	-0.3	-33.9	16.4	14.9	0.2

2.	Interest received	18.3	4.4	-3.5	-15.6	24.7	9.0

3.	Dividend received	-7.3	35.5	-0.9	53.4	-22.3	-2.5

4.	Other income	0.2	-6.8	40.1	-43.5	-17.9	3.2

5.	Total expenditure	7.2	-7.4	20.7	-18.1	23.2	-4.6

6.	Interest payment	8.9	-0.4	3.0	-10.6	21.4	3.0

7.	Depreciation provision	-18.6	-21.8	-27.0	-8.0	20.1	-34.0

8.	Employees’ remuneration	24.2	8.6	35.9	27.3	11.9	12.3

9.	Operating profits	-76.4	201.1	*	#	-49.4	62.3

10.	Non-operating surplus/ deficit	#	-	#	44.1	#	-93.1

11.	Profits before tax	-58.6	114.5	*	#	-21.6	6.2

12.	Tax provision	-6.8	-0.7	-18.6	14.8	15.5	-19.9

13.	Profits after tax	*	#	*	#	-35.5	23.6

14.	Dividend paid	-20.9	16.0	-38.1	26.5	-14.6	1.2

15.	Profits retained	*	#	*	#	-42.7	35.1

16.	Investments @	14.4	30.7	9.6	21.7	23.7	28.2

17.	Loans and advances @	25.9	8.9	61.3	-50.5	20.8	25.1

18.	Total net assets @	11.9	12.8	14.8	4.9	14.7	22.2

19.	Borrowings @	13.2	21.1	11.4	23.1	15.8	23.9

20.	Net worth @	2.3	8.2	-1.7	5.4	7.8	18.0

							(Per cent)

	Item	Hire Purchase Finance (107)		Leasing (48)		Diversified (40)
		2000-01	2001-02	2000-01	2001-02	2000-01	2001-02

	1	8	9	10	11	12	13


1.	Main income	3.2	5.8	-33.0	-31.6	9.6	25.2

2.	Interest received	13.9	-17.7	-28.3	-12.5	34.5	39.6

3.	Dividend received	-41.1	0.5	0.9	-49.2	-27.2	21.9

4.	Other income	-7.9	-11.6	-7.2	-63.4	10.3	-10.9

5.	Total expenditure	7.1	-0.2	-43.9	-17.1	-1.0	14.9

6.	Interest payment	2.7	8.8	-22.2	-25.1	-1.2	12.8

7.	Depreciation provision	-13.7	-27.2	-39.8	-28.3	-19.2	21.3

8.	Employees’ remuneration	13.9	9.0	-15.0	-20.6	40.9	28.8

9.	Operating profits	-43.1	88.2	$	$	56.0	31.8

10.	Non-operating surplus/ deficit	*	#	-38.9	#	#	347.1

11.	Profits before tax	-48.4	106.2	$	$	68.5	39.0

12.	Tax provision	6.2	37.6	-2.6	-33.6	11.1	29.4

13.	Profits after tax	-81.0	335.1	$	$	177.9	46.4

14.	Dividend paid	0.8	9.1	-15.4	-27.1	59.1	70.7

15.	Profits retained	*	#	$	$	#	19.0

16.	Investments @	-11.1	-14.7	-9.7	-18.5	52.6	13.9

17.	Loans and advances @	29.5	15.1	-17.4	-30.0	47.2	24.9

18.	Total net assets @	17.6	11.1	-13.8	-17.6	24.8	7.2

19.	Borrowings @	18.9	19.1	-13.8	-14.1	28.1	7.5

20.	Net worth @	2.5	1.8	-67.0	*	36.7	4.6


Note : Figures in brackets denote the number of companies. @ Adjusted for revaluation etc., if any. - Nil or Negligible. * Numerator is negative or nil or negligible as compared to denominator. # Denominator is negative or nil or negligible as compared to numerator. $ Both numerator and denominator are negative or nil.

Statement 2: Profit Allocation and Profitability Ratios - Selected Financial and Investment Companies - Activity-wise, 1999-2000 to 2001-02
							(Per cent)

		All Companies
	Item	All Activities (916)			Share Trading and Investment Holding (346)
		1999-00	2000-01	2001-02	1999-00	2000-01	2001-02

	1	2	3	4	5	6	7

Profit Allocation Ratios
1.	Tax provision to profits before tax	50.6	114.0	52.8	25.5	#	43.6
2.	Dividends to profits before tax	41.2	78.8	42.6	32.0	#	45.9
3.	Profits retained to profits before tax	8.2	*	4.7	42.4	$	10.6
4.	Dividends to profits after tax	83.4	#	90.2	43.0	#	81.3
5.	Profits retained to profits after tax	16.6	$	9.8	57.0	$	18.7

Profitability Ratios
1.	Operating profits to total net assets	1.8	0.4	1.0	3.9	*	1.2
2.	Profits after tax to net worth	3.6	*	2.8	7.3	*	2.9
3.	Dividends to total paid-up capital	4.9	3.7	3.8	5.3	3.2	3.9
4.	Operating profits to main income	14.1	3.5	10.4	39.4	*	19.4
5.	Dividends to net worth	3.0	2.3	2.5	3.2	2.0	2.4

		Profit Making Companies^@

		(686)	(593)	(570)	(262)	(220)	(217)

Profit Allocation Ratios
1.	Tax provision to profits before tax	25.7	32.7	25.8	17.5	26.5	18.5
2.	Dividends to profits before tax	21.0	22.0	20.6	22.1	24.7	19.7
3.	Profits retained to profits before tax	53.3	45.3	53.6	60.5	48.9	61.8
4.	Dividends to profits after tax	28.3	32.7	27.8	26.7	33.5	24.1
5.	Profits retained to profits after tax	71.7	67.3	72.2	73.3	66.5	75.9

Profitability Ratios
1.	Operating profits to total net assets	4.3	2.9	3.4	6.7	3.9	7.3
2.	Profits after tax to net worth	12.0	8.7	11.6	13.7	8.9	14.4
3.	Dividends to total paid-up capital	7.0	6.0	7.2	7.4	6.4	7.9
4.	Operating profits to main income	31.2	22.9	28.3	57.9	49.3	63.7
5.	Dividends to net worth	3.4	2.9	3.2	3.7	3.0	3.5

							(Per cent)

		All Companies
	Item	Loan Finance (216)			Hire Purchase Finance (107)
		1999-00	2000-01	2001-02	1999-00	2000-01	2001-02

	1	8	9	10	11	12	13

Profit Allocation Ratios
1.	Tax provision to profits before tax	27.2	40.1	30.3	37.4	76.9	51.3
2.	Dividends to profits before tax	18.5	20.2	19.3	35.5	69.3	36.7
3.	Profits retained to profits before tax	54.2	39.7	50.5	27.1	*	12.0
4.	Dividends to profits after tax	25.5	33.8	27.6	56.7	300.6	75.4
5.	Profits retained to profits after tax	74.5	66.2	72.4	43.3	*	24.6
Profitability Ratios
1.	Operating profits to total net assets	2.0	0.9	1.2	1.8	0.8	1.4
2.	Profits after tax to net worth	7.7	4.6	4.8	5.7	1.1	4.5
3.	Dividends to total paid-up capital	3.0	2.5	2.0	8.9	8.4	8.7
4.	Operating profits to main income	18.6	8.2	13.3	10.5	5.8	10.3
5.	Dividends to net worth	2.0	1.6	1.3	3.2	3.2	3.4

		Profit Making Companies^@

		(159)	(138)	(131)	(90)	(84)	(79)

Profit Allocation Ratios
1.	Tax provision to profits before tax	24.7	32.7	26.0	33.2	31.4	30.4
2.	Dividends to profits before tax	16.8	14.6	15.2	32.3	28.6	21.8
3.	Profits retained to profits before tax	58.5	52.7	58.8	34.5	40.0	47.7
4.	Dividends to profits after tax	22.3	21.6	20.5	48.4	41.6	31.4
5.	Profits retained to profits after tax	77.7	78.4	79.5	51.6	58.4	68.6

Profitability Ratios
1.	Operating profits to total net assets	2.4	1.7	1.6	2.3	2.3	2.8
2.	Profits after tax to net worth	10.1	8.0	8.8	7.1	8.5	11.5
3.	Dividends to total paid-up capital	3.9	3.2	3.5	9.9	9.7	10.4
4.	Operating profits to main income	21.0	14.8	16.6	13.4	15.1	19.0
5.	Dividends to net worth	2.3	1.7	1.8	3.4	3.5	3.6

							(Per cent)

		All Companies
	Item	Leasing (48)			Diversified (40)
		1999-00	2000-01	2001-02	1999-00	2000-01	2001-02

	1	14	15	16	17	18	19

Profit Allocation Ratios
1.	Tax provision to profits before tax	#	#	#	65.6	43.2	40.2
2.	Dividends to profits before tax	#	#	#	31.8	30.0	36.9
3.	Profits retained to profits before tax	$	$	$	2.6	26.7	22.9
4.	Dividends to profits after tax	#	#	#	92.5	52.9	61.7
5.	Profits retained to profits after tax	$	$	$	7.5	47.1	38.3

Profitability Ratios
1.	Operating profits to total net assets	*	*	*	4.0	5.0	6.1
2.	Profits after tax to net worth	*	*	$	5.4	11.0	15.3
3.	Dividends to total paid-up capital	1.5	1.2	0.9	13.1	13.3	20.7
4.	Operating profits to main income	*	*	*	22.2	31.7	33.4
5.	Dividends to net worth	2.9	7.5	#	5.0	5.8	9.5

		Profit Making Companies^@

		(26)	(24)	(22)	(28)	(23)	(27)

Profit Allocation Ratios
1.	Tax provision to profits before tax	37.8	38.6	36.3	38.7	38.6	38.0
2.	Dividends to profits before tax	29.5	24.7	27.9	18.4	26.8	34.8
3.	Profits retained to profits before tax	32.7	36.7	35.8	43.0	34.6	27.2
4.	Dividends to profits after tax	47.4	40.3	43.8	30.0	43.7	56.1
5.	Profits retained to profits after tax	52.6	59.7	56.2	70.0	56.3	43.9

Profitability Ratios
1.	Operating profits to total net assets	5.2	4.6	5.2	7.5	6.5	7.5
2.	Profits after tax to net worth	7.1	7.0	7.8	15.8	14.1	15.8
3.	Dividends to total paid-up capital	7.9	6.0	5.3	18.3	22.9	24.3
4.	Operating profits to main income	24.6	24.0	22.9	38.1	37.6	38.2
5.	Dividends to net worth	3.3	2.8	3.4	4.7	6.2	8.9


Note : Figures in brackets denote the number of companies. @ Companies making operating profits. * Numerator is negative or nil or negligible as compared to denominator. # Denominator is negative or nil or negligible as compared to numerator. $ Both numerator and denominator are negative or nil.

Statement 3: Combined Income, Expenditure and Appropriation Accounts - Selected Financial and Investment Companies - Activity-wise, 1999-2000 to 2001-02
								(Rs. lakh)

		Item	All Activities (916)			Share Trading and Investment Holding (346)
			1999-00	2000-01	2001-02	1999-00	2000-01	2001-02

	1		2	3	4	5	6	7

Income
1.	Main Income		6,325,17	6,101,80	6,085,38	1,209,30	799,71	930,93
	(a)	Interest	1,870,83	2,213,79	2,311,24	314,38	303,34	255,96
		(i) On loans and advances	745,63	969,12	1,012,55	51,27	50,68	36,52
		(ii) Others	1,125,21	1,244,66	1,298,70	263,11	252,66	219,44
	(b)	Dividends	353,23	327,33	443,68	247,35	245,01	375,80
	(c)	Brokerage	647,96	791,62	438,08	57,87	86,52	40,68
	(d)	Net profit/ loss in share dealings	868,47	267,21	407,97	568,56	134,23	242,02
	(e)	Net earnings from hire purchase financing	1,455,26	1,696,80	1,896,14	5,19	4,11	1,00
	(f)	Lease rentals	1,129,41	805,06	588,27	15,95	26,50	15,46
2.	Other income		960,78	962,92	897,67	130,11	182,33	103,03
	Of which, rent		38,02	36,54	37,89	6,80	5,49	3,94
3.	Non-operating surplus(+)/ deficit(-)		1,95	159,36	159,38	-7,39	52,95	76,30

4.	Total (1+2+3)		7,287,90	7,224,08	7,142,44	1,332,02	1,034,98	1,110,26

Expenditure and Appropriations
5.	Interest		2,924,15	3,183,09	3,171,92	449,91	463,58	414,38
6.	Salaries, wages and bonus		336,71	419,57	463,55	35,75	48,70	64,41
7.	Provident fund		21,75	30,23	29,14	2,25	2,53	2,68
8.	Employees’ welfare expenses		33,18	36,57	35,72	4,29	6,25	6,09
9.	Managerial remuneration		28,01	30,31	29,64	2,97	4,25	3,93
10.	Bad debts		564,25	535,91	212,67	81,03	145,03	19,07
11.	Other expenses		1,335,28	1,615,73	1,493,24	169,10	202,47	177,92
	Of which : (a) Rent		82,05	91,31	94,72	22,39	22,31	22,87
	(b) Insurance		9,99	10,31	10,37	87	1,16	1,30
	(c) Advertisement		31,62	29,98	31,48	41	5,09	1,55
12.	Depreciation provision (other than tax and depreciation)		863,06	702,44	549,61	30,61	22,34	20,56
13.	Other provisions		286,77	300,07	362,80	87,40	146,85	144,68
14.	Operating profits		892,78	210,81	634,76	476,11	-59,96	180,23
15.	Non-operating surplus(+)/ deficit(-)		1,95	159,36	159,38	-7,39	52,95	76,30
16.	Profits before tax		894,73	370,17	794,14	468,72	-7,01	256,54
17.	Less: tax provision		452,74	421,84	418,93	119,62	97,36	111,75
18.	Profits after tax		441,99	-51,67	375,22	349,10	-104,38	144,79
	(a)	Dividends	368,46	291,51	338,27	150,20	92,98	117,65
		(i) Ordinary	337,02	257,78	304,13	142,26	89,69	114,83
		(ii) Preference	31,43	33,73	34,15	7,94	3,29	2,82
	(b)	Profits retained	73,53	-343,18	36,94	198,90	-197,36	27,14

19.	Total (5 TO 15)		7,287,90	7,224,08	7,142,44	1,332,02	1,034,98	1,110,26

								(Rs. lakh)

		Item	Loan Finance (216)			Hire Purchase Finance (107)
			1999-00	2000-01	2001-02	1999-00	2000-01	2001-02

	1		8	9	10	11	12	13

Income
1.	Main Income		1,863,24	2,141,43	2,145,61	1,742,00	1,798,08	1,902,68
	(a)	Interest	1,277,02	1,591,90	1,735,91	143,88	163,90	134,93
		(i) On loans and advances	600,19	776,63	873,65	58,14	88,84	47,54
		(ii) Others	676,83	815,27	862,26	85,74	75,06	87,40
	(b)	Dividends	38,03	29,53	28,78	12,15	7,16	7,19
	(c)	Brokerage	17,75	55,90	9,56	42,14	3,13	3,39
	(d)	Net profit/ loss in share dealings	205,96	121,81	116,57	23,30	17,20	-5,54
	(e)	Net earnings from hire purchase financing	136,41	158,89	107,90	1,033,26	1,359,80	1,645,22
	(f)	Lease rentals	188,08	183,40	146,89	487,28	246,89	117,48
2.	Other income		237,32	194,81	200,97	160,06	147,34	130,30
	Of which, rent		27,54	28,05	29,97	1,07	68	70
3.	Non-operating surplus(+)/ deficit(-)		3,43	99,04	6,80	3,59	-7,72	2,78

4.	Total (1+2+3)		2,103,99	2,435,29	2,353,38	1,905,65	1,937,70	2,035,76

Expenditure and Appropriations
5.	Interest		1,081,67	1,313,14	1,353,01	944,51	970,24	1,055,92
6.	Salaries, wages and bonus		60,84	66,52	78,79	66,24	75,19	81,95
7.	Provident fund		3,92	8,17	5,79	5,21	5,85	6,37
8.	Employees’ welfare expenses		8,65	7,49	7,66	7,37	8,71	9,54
9.	Managerial remuneration		5,04	5,38	4,88	3,56	3,88	5,95
10.	Bad debts		67,32	72,59	12,17	74,69	112,16	48,30
11.	Other expenses		403,47	531,01	464,57	295,34	327,58	348,74
	Of which : (a) Rent		11,46	12,67	13,95	14,25	13,55	13,06
	(b) Insurance		2,97	3,12	3,30	2,84	2,57	2,21
	(c) Advertisement		5,17	5,98	11,38	8,39	6,83	8,59
12.	Depreciation provision		111,76	134,24	88,58	309,45	267,02	194,33
13.	Other provisions (other than tax and depreciation)		11,29	22,48	46,73	12,30	70,53	85,63
14.	Operating profits		346,59	175,22	284,39	183,39	104,26	196,26
15.	Non-operating surplus(+)/ deficit(-)		3,43	99,04	6,80	3,59	-7,72	2,78
16.	Profits before tax		350,02	274,27	291,19	186,98	96,54	199,04
17.	Less: tax provision		95,25	110,01	88,12	69,96	74,28	102,19
18.	Profits after tax		254,77	164,26	203,06	117,02	22,26	96,85
	(a)	Dividends	64,91	55,44	56,10	66,38	66,92	73,01
		(i) Ordinary	50,99	39,65	37,23	60,22	54,25	61,88
		(ii) Preference	13,93	15,78	18,87	6,16	12,67	11,13
	(b)	Profits retained	189,86	108,82	146,96	50,65	-44,66	23,84

19.	Total (5 TO 15)		2,103,99	2,435,29	2,353,38	1,905,65	1,937,70	2,035,76

								(Rs. lakh)

		Item	Leasing (48)			Diversified (40)
			1999-00	2000-01	2001-02	1999-00	2000-01	2001-02

	1		14	15	16	17	18	19

Income
1.	Main Income		532,67	356,83	244,00	387,53	424,54	531,43
	(a)	Interest	31,28	22,42	19,61	58,84	79,16	110,49
		(i) On loans and advances	10,44	8,14	5,22	21,82	37,43	46,81
		(ii) Others	20,85	14,28	14,39	37,02	41,72	63,68
	(b)	Dividends	5,66	5,71	2,90	18,18	13,23	16,13
	(c)	Brokerage	43	11	2	105,60	112,56	104,35
	(d)	Net profit/ loss in share dealings	-1,04	-5,97	-14,43	16,70	42,77	89,63
	(e)	Net earnings from hire purchase financing	192,17	79,21	19,44	81,59	90,77	121,02
	(f)	Lease rentals	304,18	255,36	216,46	106,61	86,04	89,81
2.	Other income		15,59	14,48	5,30	73,95	81,59	72,72
	Of which, rent		21	52	1,00	35	37	38
3.	Non-operating surplus(+)/ deficit(-)		2,26	1,38	33,97	-4,52	3,16	14,11

4.	Total (1+2+3)		550,53	372,69	283,27	456,95	509,29	618,26

Expenditure and Appropriations
5.	Interest		214,38	166,75	124,82	133,81	132,22	149,11
6.	Salaries, wages and bonus		14,53	12,38	9,91	39,24	55,69	72,92
7.	Provident fund		1,36	1,17	79	1,95	2,56	2,73
8.	Employees’ welfare expenses		1,10	89	77	1,64	2,11	2,08
9.	Managerial remuneration		1,23	1,19	87	2,17	2,40	3,70
10.	Bad debts		284,91	111,75	98,33	14,87	16,34	27,01
11.	Other expenses		64,12	44,53	39,71	69,26	88,96	80,83
	Of which : (a) Rent		3,19	3,04	2,17	4,11	8,29	9,49
	(b) Insurance		62	45	47	82	53	44
	(c) Advertisement		46	43	35	1,00	1,90	1,50
12.	Depreciation provision		276,88	166,55	119,40	86,03	69,50	84,29
13.	Other provisions (other than tax and depreciation)		139,80	54,93	69,51	26,33	1,86	4,20
14.	Operating profits		-450,04	-188,82	-214,81	86,20	134,51	177,28
15.	Non-operating surplus(+)/ deficit(-)		2,26	1,38	33,97	-4,52	3,16	14,11
16.	Profits before tax		-447,77	-187,44	-180,84	81,68	137,67	191,39
17.	Less: tax provision		11,18	10,89	7,23	53,57	59,53	77,01
18.	Profits after tax		-458,96	-198,33	-188,07	28,11	78,14	114,38
	(a)	Dividends	8,15	6,89	5,02	25,99	41,37	70,61
		(i) Ordinary	7,50	6,12	4,94	25,24	41,19	70,08
		(ii) Preference	65	78	9	76	17	52
	(b)	Profits retained	-467,11	-205,22	-193,10	2,12	36,77	43,77

19.	Total (5 TO 15)		550,53	372,69	283,27	456,95	509,29	618,26

Note : Figures in brackets denote the number of companies. ‘All activities’ include figures for a miscellaneous group for which separate data are not presented.