Finances of Foreign Direct Investment Companies, 1998-99 (Part 7 of 13) - ਆਰਬੀਆਈ - Reserve Bank of India
Finances of Foreign Direct Investment Companies, 1998-99 (Part 7 of 13)
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 |
|||||
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. |