Performance of Financial and Investment Companies, 2001-02 - Statements (Part 1 of 3) - આરબીઆઈ - Reserve Bank of India
Performance of Financial and Investment Companies, 2001-02 - Statements (Part 1 of 3)
(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. |
(Per cent) |
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|
|||||||
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. |
(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. |