Finances of Large Public Limited Companies, 1998-99 (Part 2 of 5) - ஆர்பிஐ - Reserve Bank of India
Finances of Large Public Limited Companies, 1998-99 (Part 2 of 5)
TABLE 1 : GROWTH RATES OF THE SELECTED ITEMS OF THE SELECTED 820 LARGE PUBLIC LIMITED COMPANIES, 1996-97 TO 1998-99
(Per cent)
ITEM
1996-97
1997-98
1998-99
1
2
3
4
1.
Sales $
(11.1)
7.0
5.7
2.
Value of production
(9.9)
8.9
4.7
3.
Total Income
(9.8)
9.0
4.8
4.
Manufacturing expenses
(13.0)
8.1
4.5
5.
Remuneration to employees
(12.7)
13.1
12.0
6.
Depreciation provision
(27.6)
29.8
12.5
7.
Gross profits
(-1.4)
-3.9
-5.9
8.
Interest
(24.1)
15.0
6.6
9.
Operating profits
(-14.3)
-18.9
-20.2
10.
Non-operating surplus/deficit
(-12.3)
30.8
35.6
11.
Profits before tax
(-14.2)
-15.7
-14.7
12.
Tax provision
(14.3)
-12.1
0.8
13.
Profits after tax
(-21.1)
-16.9
-19.8
14.
Dividends
(2.5)
-4.4
-1.4
15.
Profits retained
(-29.5)
-23.1
-31.1
16.
Gross saving
(-9.2)
3.6
-3.6
17.
(a) Gross value added
(7.7)
7.2
4.9
(b) Net value added
(4.5)
2.7
3.0
18.
Net worth @
(12.4)
7.9
5.5
19.
Total borrowings @
(23.2)
18.9
12.5
Of which, from banks @
(17.6)
12.9
11.3
20.
Trade dues and other current liabilities @
(12.3)
10.0
12.2
21.
(a) Gross fixed assets @
(19.0)
18.5
10.8
(b) Net fixed assets @
(19.6)
18.0
8.2
22.
Inventories @
(7.1)
6.0
0.7
23.
(a) Gross physical assets @
(16.7)
16.2
9.2
(b) Net physical assets @
(16.4)
15.1
6.6
24.
(a) Total gross assets @
(16.4)
13.4
10.8
(b) Total net assets @
(16.2)
12.3
9.5
25.
Total earnings in foreign currencies
(20.1)
20.0
4.4
Of which, Exports
(11.1)
12.8
4.1
26.
Total expenditure in foreign currencies
(11.7)
11.0
5.5
Of which, Imports
(11.8)
11.0
1.7
Note : Figures in brackets relate to 807 companies for the previous study.
Rates of growth of all the items are adjusted for changes due to amalgamation of companies.
$
Net of `rebates and discounts' and `excise duty and cess.'
@
Adjusted for revaluation etc.
TABLE 4 : COMBINED BALANCE SHEET OF THE SELECTED 820 LARGE PUBLIC LIMITED COMPANIES, 1996-97 TO 1998-99 (Concld.) |
||||||
(Rs. crore) |
||||||
|
||||||
ITEM |
1996-97 |
1997-98 |
1998-99 |
|||
1 |
2 |
3 |
4 |
|||
|
||||||
ASSETS |
||||||
G. |
Gross fixed assets |
1,24,122 |
1,50,929 |
1,67,907 |
||
23. |
Land |
3,674 |
3,942 |
4,497 |
||
24. |
Buildings |
12,214 |
14,623 |
16,723 |
||
25. |
Plant and machinery |
84,149 |
1,01,990 |
1,13,602 |
||
26. |
Capital work-in-progress |
16,751 |
21,161 |
21,281 |
||
27. |
Furniture, fixtures and office equipments |
2,741 |
3,244 |
5,152 |
||
28. |
Others |
4,594 |
5,968 |
6,652 |
||
H. |
29. |
Depreciation |
33,571 |
40,575 |
48,238 |
|
I. |
30. |
Net fixed assets |
90,551 |
1,10,354 |
1,19,669 |
|
(46.1) |
(49.4) |
(48.9) |
||||
J. |
Inventories |
28,105 |
29,802 |
30,007 |
||
(14.3) |
(13.3) |
(12.2) |
||||
31. |
Raw materials, components etc. |
8,533 |
8,361 |
7,788 |
||
32. |
Finished goods |
8,982 |
10,363 |
10,361 |
||
33. |
Work-in-progress |
4,989 |
5,158 |
5,124 |
||
34. |
Stores and spares |
4,154 |
4,367 |
4,700 |
||
35. |
Others |
1,446 |
1,553 |
2,035 |
||
K. |
Loans and advances and other debtor balances |
51,274 |
52,609 |
57,429 |
||
(26.1) |
(23.6) |
(23.5) |
||||
36. |
Sundry debtors |
26,722 |
27,987 |
29,163 |
||
37. |
Loans and advances |
17,881 |
17,851 |
21,714 |
||
a) To subsidiaries and companies under the same management |
1,033 |
1,324 |
3,020 |
|||
b) Others |
16,848 |
16,528 |
18,694 |
|||
38. |
Interest accrued on loans and advances |
147 |
248 |
226 |
||
39. |
Deposits/balances with government/others |
4,291 |
3,979 |
5,212 |
||
40. |
Others |
2,234 |
2,543 |
1,114 |
||
L. |
Investments |
17,528 |
18,619 |
20,947 |
||
(8.9) |
(8.3) |
(8.6) |
||||
(Of which, quoted investments) |
6,101 |
4,826 |
6,403 |
|||
41. |
Foreign |
3,175 |
2,875 |
1,347 |
||
42. |
Indian |
14,353 |
15,744 |
19,601 |
||
a) Government/semi-Government securities |
100 |
134 |
107 |
|||
b) Securities of Financial Institutions |
1,628 |
1,636 |
2,060 |
|||
c) Industrial securities |
8,058 |
7,962 |
9,903 |
|||
d) Shares and debentures of subsidiaries |
3,497 |
4,814 |
5,798 |
|||
e) Others |
1,071 |
1,198 |
1,733 |
|||
M. |
43. |
Advance of income-tax(net of tax provision) |
123 |
73 |
89 |
|
N. |
Other assets |
2,658 |
2,573 |
4,665 |
||
(1.4) |
(1.2) |
(1.9) |
||||
44. |
Immovable property |
17 |
17 |
221 |
||
45. |
Intangible assets |
2,640 |
2,555 |
4,441 |
||
46. |
Miscellaneous non-current assets |
1 |
1 |
3 |
||
O. |
Cash and bank balances |
6,229 |
9,293 |
12,059 |
||
(3.2) |
(4.2) |
(4.9) |
||||
47. Fixed deposits with banks |
2,499 |
2,761 |
7,538 |
|||
48. Other bank balances |
2,948 |
5,546 |
3,588 |
|||
49. Cash in hand |
781 |
986 |
933 |
|||
|
||||||
50. |
TOTAL |
1,96,469 |
2,23,323 |
2,44,865 |
||
(100.0) |
(100.0) |
(100.0) |
||||
|
TABLE 5 : SOURCES AND USES OF FUNDS OF THE SELECTED 820 LARGE PUBLIC LIMITED COMPANIES, 1997-98 AND 1998-99 (Concld.) |
||||||
(Rs. crore) |
||||||
|
||||||
ITEM |
1997-98 |
1998-99 |
||||
|
||||||
1 |
2 |
3 |
||||
|
||||||
USES OF FUNDS |
||||||
I. |
Gross fixed assets |
22,992 |
16,369 |
|||
(74.5) |
(57.3) |
|||||
26. |
Land |
160 |
387 |
|||
27. |
Buildings |
2,226 |
2,047 |
|||
28. |
Plant and machinery |
14,338 |
11,224 |
|||
29. |
Capital work-in-progress |
4,411 |
120 |
|||
30. |
Furniture, fixtures and office equipments |
486 |
1,908 |
|||
31. |
Others |
1,372 |
683 |
|||
J. |
Inventories |
1,695 |
205 |
|||
(5.5) |
(0.7) |
|||||
32. |
Raw materials, components etc. |
-172 |
-573 |
|||
33. |
Finished goods |
1,381 |
-2 |
|||
34. |
Work-in-progress |
169 |
-35 |
|||
35. |
Stores and spares |
213 |
333 |
|||
36. |
Others |
105 |
482 |
|||
K. |
Loans and advances and other debtor balances |
1,334 |
4,820 |
|||
(4.3) |
(16.8) |
|||||
37. |
Sundry debtors |
1,265 |
1,176 |
|||
38. |
Loans and advances |
-30 |
3,862 |
|||
a) To subsidiaries and companies under the same management |
290 |
1,696 |
||||
b) Others |
-320 |
2,166 |
||||
39. |
Interest accrued on loans and advances |
101 |
-22 |
|||
40. |
Deposits/balances with government/others |
-312 |
1,233 |
|||
41. |
Others |
310 |
-1,429 |
|||
L. |
42. |
Investments |
1,872 |
2,339 |
||
(6.1) |
(8.2) |
|||||
M. |
43. |
Other assets |
-85 |
2,091 |
||
(-0.3) |
(7.3) |
|||||
N. |
44. |
Cash and bank balances |
3,065 |
2,766 |
||
(9.9) |
(9.7) |
|||||
|
||||||
45. |
TOTAL |
30,873 |
28,591 |
|||
(100.0) |
(100.0) |
|||||
|
|
|||||||||||||||
Total |
Bank |
Gross |
Inventories |
Net |
Exports |
Imports |
|||||||||
Sales Range |
Borrowings |
Borrowings |
Fixed Assets |
Worth |
|||||||||||
|
|||||||||||||||
1997-98 |
1998-99 |
1997-98 |
1998-99 |
1997-98 |
1998-99 |
1997-98 |
1998-99 |
1997-98 |
1998-99 |
1997-98 |
1998-99 |
1997-98 |
1998-99 |
||
|
|||||||||||||||
17 |
18 |
19 |
20 |
21 |
22 |
23 |
24 |
25 |
26 |
27 |
28 |
29 |
30 |
||
|
|||||||||||||||
Less than Rs. 25 crore |
11.1 |
15.4 |
9.1 |
8.0 |
11.0 |
8.4 |
-0.9 |
-8.1 |
-3.0 |
-10.2 |
-8.1 |
-18.0 |
-12.9 |
-8.9 |
|
Rs. 25 crore - Rs. 50 crore |
14.2 |
15.8 |
14.6 |
14.9 |
14.0 |
11.5 |
7.4 |
2.5 |
5.9 |
-3.3 |
17.9 |
-12.0 |
12.4 |
-26.2 |
|
Rs. 50 crore - Rs.100 crore |
10.5 |
-0.5 |
25.5 |
-6.9 |
6.0 |
3.5 |
0.2 |
-1.0 |
3.2 |
4.5 |
19.0 |
11.7 |
13.6 |
-20.9 |
|
Rs. 100 crore - Rs. 500 crore |
23.0 |
15.9 |
21.3 |
13.2 |
21.3 |
10.2 |
7.2 |
3.1 |
9.9 |
5.3 |
10.4 |
10.1 |
6.6 |
22.7 |
|
Rs. 500 crore - Rs. 1000 crore |
21.6 |
12.4 |
31.5 |
-4.4 |
19.7 |
15.4 |
1.7 |
-5.0 |
6.1 |
3.2 |
9.0 |
-2.3 |
-5.6 |
11.0 |
|
Rs. 1000 crore and above |
16.5 |
10.9 |
-3.8 |
22.2 |
18.4 |
10.2 |
8.9 |
1.8 |
8.5 |
8.0 |
18.3 |
0.6 |
21.0 |
-10.5 |
|
|
|||||||||||||||
Total |
18.9 |
12.5 |
12.9 |
11.3 |
18.5 |
10.8 |
6.0 |
0.7 |
7.9 |
5.5 |
12.8 |
4.1 |
11.0 |
1.7 |
|
|