STATEMENT 11 : COMBINED INCOME, EXPENDITURE AND APPROPRIATION ACCOUNTS - SELECTED FOREIGN DIRECT INVESTMENT COMPANIES - INDUSTRY-WISE, 1996-97 TO 1998-99

(Rs. lakh)

ITEM

Engineering

Chemicals

(137)

(51)

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1

2

3

4

5

6

7

INCOME AND VALUE OF PRODUCTION

1. Sales $

23,346,98

24,208,28

24,296,04

6,069,72

6,491,67

6,922,35

2. Increase (+) or decrease (-) in stock

359,51

208,00

--231,02

125,31

91,32

--63,70

3. Value of production (1+2)

23,706,49

24,416,27

24,065,02

6,195,03

6,582,98

6,858,65

4. Other income

685,35

646,64

698,28

181,18

445,07

221,39

Of which, (a) Dividend

56,41

88,92

76,33

30,97

28,61

20,34

(b) Interest

310,72

249,84

206,75

54,65

48,67

55,11

(c) Rent

44,10

47,13

53,25

8,85

16,86

19,57

5. Non-operating surplus (+)/ deficit (-)

53,63

170,39

160,67

30,78

5,24

272,43

6. TOTAL (3+4+5)

24,445,47

25,233,30

24,923,97

6,406,99

7,033,30

7,352,47

EXPENDITURE AND APPROPRIATIONS

7. Raw materials, components, etc., consumed

13,971,70

14,026,59

13,642,43

3,080,43

3,448,41

3,501,54

8. Stores and spares consumed

726,11

754,71

719,08

283,31

287,88

357,77

9. Power and fuel

600,19

724,34

737,94

357,18

397,59

385,43

10. Other manufacturing expenses

208,60

210,70

204,60

61,33

75,83

88,02

11. Salaries, wages and bonus

1,876,72

2,101,98

2,145,41

430,48

463,75

509,80

12. Provident fund

175,67

219,50

241,52

46,96

58,86

65,07

13. Employees' welfare expenses

323,51

437,59

447,64

90,20

97,15

110,41

14. Managerial remuneration

36,75

45,10

36,96

10,80

12,10

39,32

15. Royalty

70,15

77,56

80,30

15,56

17,39

20,14

16. Repairs to buildings

76,57

75,94

75,00

20,77

21,41

23,39

17. Repairs to machinery

237,95

249,26

250,86

72,40

67,51

87,67

18. Bad debts

53,01

104,35

63,43

5,87

11,29

12,28

19. Selling commission

123,78

133,90

136,23

57,46

58,18

49,02

20. Rent

153,26

181,05

197,70

32,09

43,71

49,70

21. Rates and taxes

95,79

79,87

85,38

36,80

45,12

39,95

22. Advertisement

155,24

166,93

178,54

70,07

82,71

89,80

23. Insurance

73,73

82,10

80,59

36,50

39,01

41,23

24. Research and development

121,72

120,06

178,26

36,04

40,71

43,57

25. Other expenses

1,688,13

1,993,32

2,220,34

644,77

713,17

735,45

26. Depreciation provision

864,64

988,07

1,043,04

186,87

213,38

256,17

27. Other provisions

(other than tax and depreciation)

34,34

28,91

13,39

7,77

1,82

33,34

28. Gross profits

2,724,30

2,261,09

1,984,66

792,55

831,05

540,99

29. Less: Interest

1,013,92

1,084,66

1,056,05

278,68

295,88

346,00

30. Operating profits

1,710,38

1,176,43

928,61

513,87

535,18

194,99

31. Non-operating surplus (+)/ deficit (-)

53,63

170,39

160,67

30,78

5,24

272,43

32. Profits before tax

1,764,01

1,346,82

1,089,27

544,65

540,42

467,42

33. Less: Tax provision

704,12

487,88

459,19

202,75

194,76

174,24

34. Profits after tax

1,059,89

858,94

630,08

341,90

345,67

293,18

35. Dividend

358,43

303,76

329,23

118,70

139,76

151,14

(a) Ordinary

358,19

302,39

328,52

118,68

139,47

150,48

(b) Preference

24

1,37

71

2

29

65

36. Profits retained

701,46

555,19

300,85

223,19

205,91

142,04

37. TOTAL (7 TO 28 + 31)

24,445,47

25,233,30

24,923,97

6,406,99

7,033,30

7,352,47

(Rs. lakh)

ITEM

Tea

Trading

(10)

(14)

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1

8

9

10

11

12

13

INCOME AND VALUE OF PRODUCTION

1. Sales $

453,86

583,48

623,70

821,01

1,145,63

1,236,08

2. Increase (+) or decrease (-) in stock

33

10,71

7,44

11,47

11,88

-11,95

3. Value of production (1+2)

454,19

594,19

631,14

832,48

1,157,51

1,224,13

4. Other income

12,96

9,27

15,18

11,74

15,46

6,73

Of which, (a) Dividend

2,75

1,71

3,55

2,48

28

17

(b) Interest

7,84

3,30

6,82

2,65

1,60

2,78

(c) Rent

-

-

-

1

-

-

5. Non-operating surplus (+)/ deficit (-)

41

3,66

6,21

-1,08

64

5

6. TOTAL (3+4+5)

467,57

607,12

652,52

843,14

1,173,62

1,230,91

EXPENDITURE AND APPROPRIATIONS

7. Raw materials, components, etc., consumed

32,16

42,82

66,40

611,04

880,38

976,74

8. Stores and spares consumed

41,60

48,85

49,82

3,23

11,62

10,40

9. Power and fuel

32,81

35,24

38,61

3,95

10,98

2,35

10. Other manufacturing expenses

4,96

2,80

7,43

63

42

66

11. Salaries, wages and bonus

137,98

154,09

170,54

41,62

48,50

51,51

12. Provident fund

16,81

18,96

24,27

2,94

4,58

5,10

13. Employees' welfare expenses

26,12

31,03

29,88

3,87

4,07

3,81

14. Managerial remuneration

1,24

91

1,47

1,17

1,06

1,50

15. Royalty

-

-

-

7

-

-

16. Repairs to buildings

9,31

14,62

14,48

48

88

93

17. Repairs to machinery

7,74

9,69

10,60

81

2,16

35

18. Bad debts

2,73

9,39

2,97

81

2,56

1,49

19. Selling commission

8,90

8,08

6,96

1,80

2,90

3,66

20. Rent

3,30

2,87

4,16

7,04

9,47

10,30

21. Rates and taxes

3,04

3,47

3,87

1,21

1,51

1,62

22. Advertisement

1,25

7,15

6,18

10,33

15,35

19,55

23. Insurance

2,58

2,81

3,77

1,66

1,93

1,68

24. Research and development

14

44

43

54

63

2,46

25. Other expenses

60,09

74,89

74,26

62,66

71,53

68,82

26. Depreciation provision

21,48

19,49

15,10

13,08

23,59

8,32

27. Other provisions

(other than tax and depreciation)

7

66

1,04

-

-

2

28. Gross profits

52,83

115,20

114,08

75,28

78,87

59,59

29. Less: Interest

22,67

16,78

21,25

13,33

32,78

5,86

30. Operating profits

30,15

98,43

92,83

61,95

46,09

53,73

31. Non-operating surplus (+)/ deficit (-)

41

3,66

6,21

-1,08

64

5

32. Profits before tax

30,57

102,09

99,04

60,87

46,74

53,78

33. Less: Tax provision

17,21

39,24

35,34

9,52

11,37

10,78

34. Profits after tax

13,36

62,85

63,70

51,35

35,36

43,00

35. Dividend

14,48

24,86

23,76

9,33

4,49

4,69

(a) Ordinary

14,48

24,86

23,76

9,33

4,49

4,69

(b) Preference

-

-

-

-

-

-

36. Profits retained

-1,12

37,99

39,95

42,02

30,87

38,31

37. TOTAL (7 TO 28 + 31)

467,57

607,12

652,52

843,14

1,173,62

1,230,91

(Rs. lakh)

ITEM

All Textiles

Rubber and Rubber Products

(11)

(4)

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1

14

15

16

17

18

19

INCOME AND VALUE OF PRODUCTION

1. Sales $

710,96

791,66

811,47

727,57

773,33

772,59

2. Increase (+) or decrease (-) in stock

-22,50

-62

2,34

7,38

7,27

14,21

3. Value of production (1+2)

688,45

791,04

813,81

734,95

780,59

786,80

4. Other income

30,88

23,36

23,50

8,40

8,23

11,89

Of which, (a) Dividend

59

49

63

46

38

47

(b) Interest

10,50

1,11

1,94

2,56

3,39

4,46

(c) Rent

6,35

7,46

8,05

-

-

-

5. Non-operating surplus (+)/ deficit (-)

1,56

-4,10

2,75

80

96

84

6. TOTAL (3+4+5)

720,89

810,31

840,07

744,15

789,78

799,53

EXPENDITURE AND APPROPRIATIONS

7. Raw materials, components, etc., consumed

385,29

424,75

450,45

487,68

496,77

499,30

8. Stores and spares consumed

22,34

25,25

27,23

8,41

10,00

9,48

9. Power and fuel

54,98

66,95

63,77

28,83

33,65

31,57

10. Other manufacturing expenses

9,36

11,99

9,63

45

4,56

5,84

11. Salaries, wages and bonus

38,74

47,52

53,94

37,73

39,62

42,52

12. Provident fund

2,99

4,27

5,81

2,84

3,13

3,57

13. Employees' welfare expenses

1,90

2,34

2,85

7,16

9,41

11,35

14. Managerial remuneration

76

1,04

1,22

95

1,45

1,21

15. Royalty

48

38

33

1,59

2,06

1,20

16. Repairs to buildings

1,13

1,34

1,12

1,10

1,10

1,49

17. Repairs to machinery

2,20

2,44

2,27

13,10

14,72

17,41

18. Bad debts

14

64

4,74

-

-

10

19. Selling commission

8,00

11,79

14,18

7,84

7,16

5,79

20. Rent

3,99

4,13

2,48

2,25

2,55

2,50

21. Rates and taxes

5,01

47

2,29

2,27

2,41

2,84

22. Advertisement

5,37

5,40

4,03

8,53

10,50

10,92

23. Insurance

2,61

2,92

3,44

2,21

2,47

2,55

24. Research and development

75

91

1,04

67

63

19

25. Other expenses

52,62

61,02

63,26

44,65

52,85

54,66

26. Depreciation provision

40,23

49,58

62,02

14,40

16,05

19,72

27. Other provisions

(other than tax and depreciation)

-

-

96

-

-

-

28. Gross profits

80,46

89,28

60,26

70,69

77,75

74,48

29. Less: Interest

67,28

59,45

77,16

36,18

37,11

26,51

30. Operating profits

13,18

29,84

-16,90

34,51

40,64

47,96

31. Non-operating surplus (+)/ deficit (-)

1,56

-4,10

2,75

80

96

84

32. Profits before tax

14,74

25,74

-14,15

35,31

41,60

48,80

33. Less: Tax provision

6,31

5,53

4,26

13,78

13,48

17,28

34. Profits after tax

8,43

20,21

-18,41

21,53

28,11

31,52

35. Dividend

9,32

11,59

9,06

6,81

8,28

9,41

(a) Ordinary

9,32

11,59

8,29

6,81

8,28

9,41

(b) Preference

-

-

77

-

-

-

36. Profits retained

-89

8,63

-27,47

14,72

19,83

22,11

37. TOTAL (7 TO 28 + 31)

720,89

810,31

840,07

744,15

789,78

799,53

For footnotes, please refer to Statement 9.

STATEMENT 12 : COMBINED BALANCE SHEET - SELECTED FOREIGN DIRECT INVESTMENT COMPANIES, 1996-97 TO 1998-99

(Rs. lakh)

All Companies

CAPITAL AND LIABILITIES

(321)

1996-97

1997-98

1998-99

1

2

3

4

A.

Share capital

4,045,46

4,559,20

4,972,03

1.

Paid-up capital

4,045,41

4,559,14

4,971,97

(a) Ordinary

3,987,51

4,403,02

4,645,83

Of which, bonus

1,143,59

1,189,97

1,239,90

(b) Preference

57,90

156,11

326,15

2.

Forfeited shares

4

6

6

B.

Reserves and surplus

15,924,95

18,603,91

19,800,23

3.

Capital reserve

6,770,59

7,663,27

7,647,70

Of which, premium on shares

5,573,35

6,174,84

6,211,55

4.

Investment allowance reserve

102,31

81,59

72,96

5.

Sinking funds

554,76

847,94

1,115,90

6.

Other reserves

8,497,29

10,011,12

10,963,67

C.

Borrowings

15,625,77

19,622,91

20,763,48

7.

Debentures @

2,453,47

3,669,02

4,372,71

8.

Loans and advances

12,355,45

14,786,03

15,159,05

(a) From banks

6,916,22

7,757,11

7,557,65

Of which, short-term borrowings

5,246,55

6,033,96

5,896,59

(b) From other Indian financial

institutions

3,636,54

4,570,02

4,750,14

(c) From foreign institutional agencies

201,81

304,12

466,35

(d) From government and

semi-government bodies

235,15

280,74

241,44

(e) From companies

351,39

290,80

397,74

(f) From others

1,014,34

1,583,24

1,745,72

9.

Deferred payments

75,34

102,17

275,81

10.

Public deposits

741,51

1,065,70

955,92

Of total borrowings, debt

9,014,48

11,912,08

12,739,88

D.

Trade dues and other current liabilities

12,045,28

13,268,82

14,052,20

11.

Sundry creditors

7,862,01

8,662,43

8,625,69

12.

Acceptances

524,96

536,92

564,28

13.

Liabilities to companies

92,20

90,54

191,63

14.

Advances/ deposits from

customers, agents, etc.

1,958,70

2,292,07

2,563,58

15.

Interest accrued on loans

368,74

489,79

542,98

16.

Others

1,238,67

1,197,08

1,564,05

E.

Provisions

1,519,08

1,484,10

1,738,25

17.

Taxation (net of advance of income-tax)

358,03

289,67

280,80

18.

Dividend

823,00

786,63

838,08

19.

Other current provisions

271,10

307,70

476,90

20.

Non-current provisions

66,95

100,10

142,47

F.

21.

Miscellaneous non-current liabilities

-

2

-

22.

TOTAL

49,160,54

57,538,97

61,326,19

ASSETS

G.

Gross fixed assets

28,725,69

34,803,72

38,305,56

23.

Land

678,72

1,064,28

1,246,58

24.

Buildings

3,612,26

4,309,38

4,885,50

25.

Plant and machinery

18,726,95

22,620,88

26,321,36

26.

Capital work-in-progress

3,244,41

4,153,38

3,250,75

27.

Furniture, fixtures and office equipments

1,043,86

1,262,49

1,334,63

28.

Others

1,419,49

1,393,31

1,266,74

H.

29.

Depreciation

8,805,24

10,550,73

12,367,15

I.

30.

Net fixed assets

19,920,45

24,252,99

25,938,41

J.

Inventories

9,791,95

10,618,25

11,144,01

31.

Raw materials, components, etc.

3,627,85

3,561,39

3,571,79

32.

Finished goods

2,580,82

3,163,69

2,934,67

33.

Work-in-progress

1,668,42

1,701,17

2,047,46

34.

Stores and spares

931,92

1,024,13

1,071,16

35.

Others

982,94

1,167,86

1,518,92

K.

Loans and advances and other debtor balances

14,346,82

15,745,97

16,519,59

36.

Sundry debtors

8,702,84

9,293,89

9,646,21

37.

Loans and advances

3,973,62

4,777,81

5,052,08

a) To subsidiaries and companies under

the same management

179,56

268,02

230,25

b) Others

3,794,07

4,509,79

4,821,83

38.

Interest accrued on loans and advances

23,21

49,58

48,46

39.

Deposits/ balances with

government/ others

1,346,47

1,213,99

1,523,84

40.

Others

300,68

410,69

249,00

L.

Investments

2,714,16

3,557,21

4,415,25

(Of

which, quoted investments)

654,23

452,47

921,47

41.

Foreign

9,24

41,57

40,20

42.

Indian

2,704,91

3,515,63

4,375,05

a) Government/ semi-government securities

148,69

111,02

247,86

b) Securities of Financial Institutions

491,05

461,19

695,77

c) Industrial securities

1,387,34

1,616,02

1,556,84

d) Shares and debentures of subsidiaries

602,63

1,284,75

1,815,15

e) Others

75,21

42,65

59,42

M.

43.

Advance of income-tax

(net of tax provision)

-

-

-

N.

Other assets

453,42

635,13

811,70

44.

Immovable property

36,82

145,84

4,25

45.

Intangible assets

415,58

487,30

805,41

46.

Miscellaneous non-current assets

1,01

1,99

2,05

O.

Cash and bank balances

1,933,75

2,729,41

2,497,23

47.

Fixed deposits with banks

702,44

1,217,22

875,28

48.

Other bank balances

936,00

1,145,36

1,125,76

49.

Cash in hand

295,31

366,84

496,19

50.

TOTAL

49,160,54

57,538,97

61,326,19

Note :

Figure in bracket represents the number of companies.

@

Includes privately placed debentures.

-

Nil or negligible.