Statement 4: Combined Balance Sheet of The Selected 855 Large Public Limited Companies, 1997-98 to 1999-2000

(Rs. crore)

CAPITAL AND LIABILITIES

1997-98

1998-99

1999-2000

1

2

3

4

A.

Share capital

18,377

20,351

22,028

(7.2)

(7.3)

(7.4)

1.

Paid-up capital

18,374

20,347

22,006

(a) Ordinary

17,440

18,571

19,666

Of which, bonus

3,656

3,765

3,948

(b) Preference

934

1,776

2,341

2.

Forfeited shares

3

4

21

B.

Reserves and surplus

86,068

92,769

1,00,216

(33.9)

(33.2)

(33.9)

3.

Capital reserve

41,460

43,779

46,482

Of which, premium on shares

31,253

32,129

34,031

4.

Investment allowance reserve

865

678

788

5.

Sinking funds

5,508

6,247

6,722

6.

Other reserves

38,235

42,065

46,223

C.

Borrowings

99,977

1,12,781

1,16,767

(39.4)

(40.4)

(39.5)

7.

Debentures @

20,521

22,562

24,068

8.

Loans and advances

74,712

84,322

86,520

(a) From banks

29,933

34,050

35,661

Of which, short-term borrowings

23,991

24,117

24,858

(b) From other Indian financial

institutions

23,444

27,723

27,907

(c) From foreign institutional agencies

4,105

4,596

4,271

(d) From government and

semi-government bodies

3,171

3,186

3,746

(e) From companies

2,090

1,498

2,286

(f) From others

11,969

13,269

12,650

9.

Deferred payments

1,058

1,438

1,495

10.

Public deposits

3,685

4,459

4,685

Of total borrowings, debt

64,144

75,267

78,219

D.

Trade dues and other current liabilities

45,223

48,678

52,374

(17.8)

(17.4)

(17.7)

11.

Sundry creditors

28,358

29,324

33,377

12.

Acceptances

2,681

2,489

2,614

13.

Liabilities to companies

220

254

250

14.

Advances/ deposits from

customers, agents, etc.

6,565

7,107

5,479

15.

Interest accrued on loans

2,713

3,306

4,288

16.

Others

4,686

6,199

6,367

E.

Provisions

4,350

4,830

4,338

(1.7)

(1.7)

(1.5)

17.

Taxation (net of advance of income-tax)

-

-

-

18.

Dividends

3,056

2,906

2,016

19.

Other current provisions

1,017

1,604

2,019

20.

Non-current provisions

277

321

302

F.

21.

Miscellaneous non-current liabilities

-

-

-

22.

TOTAL

2,53,994

2,79,409

2,95,723

(100.0)

(100.0)

(100.0)

ASSETS

G.

Gross fixed assets

1,73,023

1,93,422

2,13,972

23.

Land

3,612

4,043

4,604

24.

Buildings

16,290

18,912

21,318

25.

Plant and machinery

1,19,489

1,36,955

1,55,295

26.

Capital work-in-progress

23,871

20,710

20,416

27.

Furniture, fixtures and office equipments

3,264

5,242

4,294

28.

Others

6,497

7,560

8,045

H.

29.

Depreciation

45,474

54,916

65,329

I.

30.

Net fixed assets

1,27,549

1,38,506

1,48,643

(50.2)

(49.6)

(50.3)

J.

Inventories

32,372

33,213

35,730

(12.8)

(11.9)

(12.1)

31.

Raw materials, components, etc.

9,475

9,094

9,619

32.

Finished goods

10,694

10,791

12,229

33.

Work-in-progress

5,210

5,395

5,560

34.

Stores and spares

5,250

5,702

5,776

35.

Others

1,743

2,231

2,546

K.

Loans and advances and other debtor balances

57,973

63,971

67,453

(22.8)

(22.9)

(22.8)

36.

Sundry debtors

31,403

32,953

35,660

37.

Loans and advances

17,770

22,319

24,659

(a) To subsidiaries and companies under

the same management

1,462

2,916

5,460

(b) Others

16,308

19,402

19,200

38.

Interest accrued on loans and advances

269

244

270

39.

Deposits/ balances with

government/ others

5,855

6,053

5,493

40.

Others

2,676

2,403

1,369

L.

Investments

22,325

24,949

30,361

(8.8)

(8.9)

(10.3)

Of which, quoted investments

3,445

7,091

7,186

41.

Foreign

3,251

2,528

3,200

42.

Indian

19,074

22,421

27,161

(a) Government/ semi-government securities

152

476

475

(b) Securities of Financial Institutions

3,220

3,442

4,187

(c) Industrial securities

10,467

12,911

13,589

(d) Shares and debentures of subsidiaries

4,269

5,353

7,944

(e) Others

966

238

967

M.

43.

Advance of income-tax

(net of tax provision)

82

321

609

(0.0)

(0.1)

(0.2)

N.

Other assets

2,926

5,231

4,223

(1.2)

(1.9)

(1.4)

44.

Immovable property

19

44

12

45.

Intangible assets

2,807

5,077

4,210

46.

Miscellaneous non-current assets

99

111

-

O.

Cash and bank balances

10,767

13,218

8,706

(4.2)

(4.7)

(2.9)

47.

Fixed deposits with banks

3,378

8,226

2,883

48.

Other bank balances

6,129

3,661

4,696

49.

Cash in hand

1,260

1,331

1,127

50.

TOTAL

2,53,994

2,79,409

2,95,723

(100.0)

(100.0)

(100.0)

Note :.

Figures in brackets denote the share in total liabilities/assets

@

Include privately placed debentures.

-

Nil or negligible

Statement 5: Sources and Uses of Funds of The Selected 855 Large Public Limited Companies, 1998-99 and 1999-2000

(Rs. crore)

SOURCES OF FUNDS

1998-99

1999-2000

1

2

3

INTERNAL SOURCES

13,460

13,994

(41.1)

(55.0)

A.

1.

Paid-up capital

109

183

(0.3)

(0.7)

B.

Reserves and Surplus

4,122

4,647

(12.6)

(18.3)

2.

Capital reserve

-261

-97

3.

Investment allowance reserve

-187

111

4.

Sinking funds

740

475

5.

Other reserves

3,830

4,158

C.

Provisions

9,229

9,165

(28.2)

(36.0)

6.

Depreciation

8,987

9,945

7.

Taxation (net of advance of income tax)

-238

-288

8.

Dividends

-150

-890

9.

Other current provisions

586

415

10.

Non-current provisions

44

-18

EXTERNAL SOURCES

19,278

11,457

(58.9)

(45.0)

D.

Paid-up capital 2,909

3,656

(8.9)

(14.4)

11.

Net issues

1,865

1,494

12.

Premium on shares

1,044

2,162

E.

13.

Capital receipts

110

118

(0.3)

(0.5)

F.

Borrowings

12,804

3,987

(39.1)

(15.7)

14.

Debentures2,040

1,506

15.

Loans and advances

9,610

2,198

(a) From banks

4,116

1,611

(b) From other Indian financial institutions

4,279

183

(c) From foreign institutional agencies

491

-325

(d) From government and

semi-government bodies

15

560

(e) From companies

-592

787

(f) From others

1,301

-619

16.

Deferred payments

379

57

17.

Public deposits

774

225

G.

Trade dues and other current liabilities

3,455

3,696

(10.6)

(14.5)

18.

Sundry creditors

966

4,053

19.

Acceptances

-192

125

20.

Liabilities to companies

34

-4

21.

Advances/ deposits from customers, agents, etc.

543

-1,628

22.

Interest accrued on loans

593

982

23.

Others

1,512

168

H.

24.

Miscellaneous non-current liabilities

-

-

25.

TOTAL

32,737

25,451

(100.0)

(100.0)

I.

Gross fixed assets

18,508

19,563

(56.5)

(76.9)

26.

Land

240

303

27.

Buildings

2,440

2,259

28.

Plant and machinery

15,948

17,780

29.

Capital work-in-progress

-3,161

-294

30.

Furniture, fixtures and

office equipments

1,978

-949

31.

Others

1,062

464

J.

Inventories

841

2,517

(2.6)

(9.9)

32.

Raw materials, components, etc.

-381

525

33.

Finished goods

97

1,438

34.

Work-in-progress

185

165

35.

Stores and spares

452

74

36.

Others

488

315

K.

Loans and advances and other debtor balances

5,998

3,482

(18.3)

(13.7)

37.

Sundry debtors

1,550

2,708

38.

Loans and advances

4,549

2,341

a) To subsidiaries and companies

under the same management

1,455

2,543

b) Others

3,095

-203

39.

Interest accrued on loans and advances

-25

26

40.

Deposits/ balances with

government/ others

198

-560

41.

Others

-274

-1,033

L.

42.

Investments

2,634

5,412

(8.0)

(21.3)

M.

43.

Other assets

2,306

-1,009

(7.1)

(-4.0)

N.

44.

Cash and bank balances

2,451

-4,512

(7.5)

(-17.7)

45.

TOTAL

32,737

25,451

(100.0)

(100.0)

Note:

This statement is derived from statement 4. Figures have been adjusted for the changes consequent on amalgamation of companies and for revaluation, etc., wherever necessary.

Figures in brackets denote the share in total sources/uses of funds.

-

Nil or negligible

Statement 6: Earnings and Expenditure in Foreign Currencies of The Selected 855 Large Public Limited Companies, 1997-98 to 1999-2000

(Rs. crore)

ITEM

1997-98

1998-99

1999-2000

1

2

3

4

I.

Expenditure in foreign currencies

32,317

33,094

34,582

(a)

Imports (on c.i.f. basis)

27,302

26,959

28,200

Of which,

i)

Raw materials

17,308

16,519

19,710

ii)

Capital goods

6,195

5,302

2,650

iii)

Stores and spares

2,058

2,649

2,362

(b)

Other expenditure in foreign currencies

5,015

6,135

6,382

II.

Earnings in foreign currencies

22,122

22,411

25,650

Of which,

Exports (on f.o.b. basis)

17,653

18,594

20,898

Statement 7 : Growth Rates of The Selected Items of The Selected 855 Large Public Limited Companies According to Size of Sales, 1998-99 and 1999-2000

(Per cent)

Sales Range

No. of

Sales

Gross profits

Interest

Operating profits

Profits before tax

Tax provision

Profits retained

Companies$

1998-99

1999-00

1998-99

1999-00

1998-99

1999-00

1998-99

1999-00

1998-99

1999-00

1998-99

1999-00

1998-99

1999-00

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

Less than Rs. 25 crore

218

-15.9

-10.7

-

#

16.0

12.3

&

&

&

&

-4.9

8.2

&

&

Rs. 25 crore - Rs. 50 crore

160

3.6

0.7

4.6

7.5

-1.8

8.8

&

&

-50.3

-50.7

-8.0

4.3

-

&

Rs. 50 crore - Rs.100 crore

147

3.0

6.5

-12.9

28.3

16.2

11.4

-62.5

117.3

-60.3

106.6

-4.0

20.3

-

&

Rs. 100 crore - Rs 500 crore

250

7.3

9.0

-3.4

10.0

9.3

4.6

-18.8

18.8

-15.7

22.7

-3.7

23.5

-31.6

13.1

Rs 500 crore - Rs 1000 crore

46

4.9

8.9

-4.5

12.2

4.3

2.5

-12.0

22.2

0.7

37.1

3.6

20.1

5.7

54.3

Rs 1000 crore and above

34

10.5

18.4

-1.2

13.5

13.8

12.6

-11.3

14.2

-6.8

14.8

0.8

32.5

-14.6

6.6

Total

855

7.5

12.5

-3.3

13.2

10.5

8.8

-16.5

18.6

-11.6

21.8

-0.4

26.9

-23.7

18.7

Sales Range

Net worth

Total borrowings

Bank borrowings

Gross fixed assets

Inventories

Total net assets

Exports

Imports

1998-99

1999-00

1998-99

1999-00

1998-99

1999-00

1998-99

1999-00

1998-99

1999-00

1998-99

1999-00

1998-99

1999-00

1998-99

1999-00

1

17

18

19

20

21

22

23

24

25

26

27

28

29

30

31

32

Less than Rs. 25 crore

-25.3

-29.4

5.1

4.9

11.4

3.4

2.3

-0.2

-11.3

3.7

-2.2

0.1

-16.6

-3.8

-17.6

-15.8

Rs. 25 crore - Rs. 50 crore

3.3

1.4

7.1

3.6

8.8

5.3

8.7

4.7

-0.1

0.2

4.9

3.4

7.8

-10.2

-14.8

-10.5

Rs. 50 crore - Rs.100 crore

-0.8

3.7

14.8

5.9

17.4

5.6

6.9

7.0

0.3

2.2

6.4

4.3

4.5

3.0

-0.6

6.0

Rs. 100 crore - Rs 500 crore

6.1

6.5

11.1

5.7

6.0

11.1

8.0

16.7

2.8

5.8

8.2

7.3

7.7

7.4

20.2

-9.9

Rs 500 crore - Rs 1000 crore

8.1

10.9

12.1

6.6

-6.3

5.5

13.1

9.0

-1.8

8.7

7.7

10.0

12.3

14.8

3.3

11.3

Rs 1000 crore and above

9.2

8.8

14.5

1.3

25.4

0.8

12.2

8.5

6.1

10.3

11.7

4.2

1.5

21.0

-10.8

12.1

Total

6.9

7.6

12.8

3.5

13.8

4.7

10.7

10.1

2.6

7.6

9.4

5.7

5.3

12.4

-1.3

4.6

$

Relate to Study Year 1999-2000.

-

Numerator negative or nil or negligible.

#

Denominator negative or nil or negligible.

&

Numerator and denominator both negative or nil.