Performance of Financial and Investment Companies, 1998-99 (Part 2 of 5) - ربی - Reserve Bank of India
Performance of Financial and Investment Companies, 1998-99 (Part 2 of 5)
STATEMENT 3: COMBINED INCOME, EXPENDITURE AND APPROPRIATION ACCOUNTS - SELECTED FINANCIAL AND INVESTMENT COMPANIES - ACTIVITY-WISE, 1996-97 TO 1998-99
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(Rs. lakh) |
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ALL ACTIVITIES |
SHARE TRADING AND |
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INVESTMENT HOLDING |
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ITEM | (725) |
(302) |
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1996-97 |
1997-98 |
1998-99 |
1996-97 |
1997-98 |
1998-99 |
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1
|
2 |
3 |
4 |
5 |
6 |
7 |
||
INCOME | |||||||||
1. | Main income | 4,047,54 |
4,783,89 |
4,836,89 |
340,20 |
385,98 |
431,75 |
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(a) Interest | 705,56 |
894,80 |
1,017,73 |
170,59 |
171,23 |
194,20 |
|||
(i) On loans and advances | 438,62 |
571,17 |
512,25 |
144,98 |
142,50 |
115,49 |
|||
(ii) Others | 266,94 |
323,64 |
505,49 |
25,61 |
28,73 |
78,71 |
|||
(b) Dividends | 233,03 |
196,37 |
188,35 |
153,12 |
139,79 |
145,51 |
|||
(c) Brokerage | 144,88 |
117,02 |
158,65 |
7,47 |
10,01 |
7,46 |
|||
(d) Net profit/ loss in share dealings | -18,32 |
175,35 |
116,21 |
-7,22 |
53,13 |
78,91 |
|||
(e) Net earnings from | |||||||||
hire purchase financing | 1,458,84 |
1,803,46 |
1,837,42 |
75 |
-31 |
83 |
|||
(f) Lease rentals | 1,523,55 |
1,596,89 |
1,518,53 |
15,48 |
12,14 |
4,84 |
|||
2. | Other income | 584,75 |
530,06 |
421,77 |
44,94 |
33,55 |
25,26 |
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Of which, rent | 5,85 |
7,34 |
9,73 |
3,75 |
4,35 |
5,70 |
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3.
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Non-operating surplus(+)/ deficit(-)
|
33,53 |
8,92 |
43,13 |
12,82 |
-6,78 |
18,20 |
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4.
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TOTAL (1+2+3)
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4,665,82 |
5,322,87 |
5,301,78 |
397,95 |
412,75 |
475,21 |
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EXPENDITURE AND APPROPRIATIONS | |||||||||
5. | Interest | 2,041,75 |
2,318,58 |
2,354,81 |
282,39 |
264,38 |
247,58 |
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6. | Salaries, wages and bonus | 140,43 |
175,48 |
186,26 |
10,55 |
11,96 |
12,63 |
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7. | Provident fund | 11,41 |
14,55 |
15,47 |
72 |
88 |
1,06 |
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8. | Employees' welfare expenses | 18,47 |
17,40 |
21,91 |
1,47 |
1,55 |
1,81 |
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9. | Managerial remuneration | 11,84 |
13,64 |
14,69 |
1,50 |
1,36 |
2,23 |
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10. | Bad debts | 125,97 |
145,01 |
382,40 |
2,16 |
19,12 |
30,58 |
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11. | Other expenses | 823,75 |
896,34 |
954,35 |
59,58 |
53,68 |
99,83 |
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Of which, | (a) Rent | 135,57 |
164,36 |
127,87 |
3,11 |
4,29 |
2,75 |
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(b) Insurance | 5,63 |
5,89 |
8,15 |
71 |
47 |
44 |
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(c) Advertisement | 34,97 |
28,37 |
20,83 |
1,53 |
1,86 |
1,11 |
|||
12. | Depreciation provision | 807,47 |
932,79 |
890,69 |
18,57 |
14,60 |
9,56 |
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13. | Other provisions | ||||||||
(other than tax and depreciation) | 75,57 |
145,92 |
196,96 |
9,34 |
20,18 |
25,36 |
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14. | Operating profits | 575,62 |
654,24 |
241,11 |
-1,14 |
31,82 |
26,37 |
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15. | Non-operating surplus(+)/ deficit(-) | 33,53 |
8,92 |
43,13 |
12,82 |
-6,78 |
18,20 |
||
16. | Profits before tax | 609,15 |
663,17 |
284,23 |
11,68 |
25,04 |
44,56 |
||
17. | Less: tax provision | 201,78 |
219,73 |
234,82 |
44,82 |
23,32 |
30,21 |
||
18. | Profits after tax | 407,37 |
443,44 |
49,42 |
-33,14 |
1,72 |
14,36 |
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(a) Dividends | 293,54 |
236,31 |
207,38 |
73,19 |
46,97 |
61,64 |
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(i) Ordinary | 269,40 |
205,35 |
181,53 |
65,78 |
37,97 |
45,09 |
|||
(ii) Preference | 24,14 |
30,96 |
25,85 |
7,41 |
9,00 |
16,55 |
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(b) Profits retained
|
113,83 |
207,14 |
-157,96 |
-106,33 |
-45,25 |
-47,28 |
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19.
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TOTAL (5 TO 15)
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4,665,82 |
5,322,87 |
5,301,78 |
397,95 |
412,75 |
475,21 |
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(Rs. lakh) |
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LOAN FINANCE |
HIRE PURCHASE FINANCE |
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ITEM | (108) |
(98) |
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|
1996-97 |
1997-98 |
1998-99 |
1996-97 |
1997-98 |
1998-99 |
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|
1
|
8 |
9 |
10 |
11 |
12 |
13 |
||
INCOME | |||||||||
1. | Main income | 400,21 |
543,56 |
624,91 |
1,692,48 |
2,045,09 |
2,134,25 |
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(a) Interest | 267,17 |
312,74 |
423,61 |
98,16 |
136,35 |
135,77 |
|||
(i) On loans and advances | 116,82 |
114,75 |
118,72 |
58,89 |
91,76 |
60,28 |
|||
(ii) Others | 150,35 |
197,99 |
304,89 |
39,27 |
44,59 |
75,49 |
|||
(b) Dividends | 23,53 |
15,56 |
9,57 |
15,23 |
15,16 |
7,38 |
|||
(c) Brokerage | 4,39 |
1,31 |
29 |
3,07 |
84 |
1,52 |
|||
(d) Net profit/ loss in share dealings | -8,86 |
56,45 |
15,29 |
5,12 |
2,62 |
4,92 |
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(e) Net earnings from | |||||||||
hire purchase financing | 5,92 |
14,38 |
1,29 |
1,014,22 |
1,303,41 |
1,408,83 |
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(f) Lease rentals | 108,06 |
143,13 |
174,85 |
556,68 |
586,71 |
575,82 |
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2. | Other income | 38,20 |
41,72 |
21,79 |
126,03 |
136,27 |
73,40 |
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Of which, rent | 26 |
27 |
30 |
98 |
1,31 |
1,45 |
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3.
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Non-operating surplus(+)/ deficit(-)
|
1,41 |
-4,17 |
-2,01 |
15,88 |
15,96 |
6,71 |
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4.
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TOTAL (1+2+3)
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439,82 |
581,11 |
644,69 |
1,834,40 |
2,197,32 |
2,214,36 |
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EXPENDITURE AND APPROPRIATIONS | |||||||||
5. | Interest | 202,04 |
175,94 |
251,79 |
835,51 |
1,066,82 |
1,083,18 |
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6. | Salaries, wages and bonus | 7,75 |
11,21 |
10,18 |
46,21 |
59,95 |
65,96 |
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7. | Provident fund | 1,68 |
2,18 |
1,22 |
3,35 |
4,75 |
5,09 |
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8. | Employees' welfare expenses | 1,17 |
1,74 |
1,07 |
5,23 |
5,40 |
9,81 |
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9. | Managerial remuneration | 84 |
82 |
59 |
4,27 |
4,13 |
4,13 |
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10. | Bad debts | 46,27 |
23,23 |
14,66 |
14,85 |
43,77 |
149,86 |
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11. | Other expenses | 53,46 |
94,73 |
132,73 |
242,87 |
276,00 |
276,16 |
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Of which, | (a) Rent | 15,05 |
14,94 |
16,12 |
35,29 |
23,29 |
17,82 |
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(b) Insurance | 35 |
37 |
45 |
1,81 |
1,88 |
2,93 |
|||
(c) Advertisement | 41 |
60 |
58 |
15,31 |
17,11 |
9,72 |
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12. | Depreciation provision | 65,86 |
98,11 |
116,36 |
333,25 |
371,93 |
393,77 |
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13. | Other provisions | ||||||||
(other than tax and depreciation) | 3,58 |
9,53 |
32,74 |
10,30 |
48,17 |
19,26 |
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14. | Operating profits | 55,76 |
167,78 |
85,35 |
322,68 |
300,43 |
200,43 |
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15. | Non-operating surplus(+)/ deficit(-) | 1,41 |
-4,17 |
-2,01 |
15,88 |
15,96 |
6,71 |
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16. | Profits before tax | 57,17 |
163,61 |
83,34 |
338,56 |
316,39 |
207,14 |
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17. | Less: tax provision | 30,53 |
31,51 |
24,76 |
73,19 |
88,17 |
94,29 |
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18. | Profits after tax | 26,64 |
132,10 |
58,57 |
265,37 |
228,22 |
112,85 |
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(a) Dividends | 41,85 |
37,85 |
40,77 |
85,59 |
80,17 |
59,73 |
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(i) Ordinary | 41,42 |
37,83 |
40,77 |
75,11 |
64,27 |
55,42 |
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(ii) Preference | 44 |
2 |
- |
10,48 |
15,90 |
4,30 |
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(b) Profits retained
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-15,21 |
94,25 |
17,80 |
179,77 |
148,05 |
53,13 |
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19.
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TOTAL (5 TO 15)
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439,82 |
581,11 |
644,69 |
1,834,40 |
2,197,32 |
2,214,36 |
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(Rs. lakh) |
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ITEM | LEASING |
DIVERSIFIED |
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(83) |
(50) |
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|
1996-97 |
1997-98 |
1998-99 |
1996-97 |
1997-98 |
1998-99 |
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|
1
|
14 |
15 |
16 |
17 |
18 |
19 |
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INCOME | |||||||||
1. | Main Income | 607,76 |
668,40 |
556,51 |
804,10 |
922,73 |
868,49 |
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(a) Interest | 66,19 |
96,94 |
83,60 |
67,07 |
145,61 |
151,55 |
|||
(i) On loans and advances | 46,80 |
75,90 |
69,02 |
54,61 |
130,86 |
140,27 |
|||
(ii) Others | 19,38 |
21,04 |
14,58 |
12,46 |
14,76 |
11,28 |
|||
(b) Dividends | 5,02 |
4,46 |
3,05 |
30,29 |
15,50 |
16,92 |
|||
(c) Brokerage | 1,59 |
1,29 |
56 |
4,72 |
5,93 |
6,85 |
|||
(d) Net profit/ loss in share dealings | -16,90 |
-6,18 |
-4,81 |
11,79 |
24,44 |
8,74 |
|||
(e) Net earnings from hire purchase financing | 125,15 |
137,89 |
95,07 |
303,32 |
336,51 |
321,42 |
|||
(f) Lease rentals | 426,71 |
434,00 |
379,05 |
386,90 |
394,75 |
363,00 |
|||
2. | Other income | 71,24 |
71,35 |
34,07 |
169,66 |
106,79 |
104,47 |
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Of which, rent | 11 |
6 |
64 |
39 |
69 |
93 |
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3.
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Non-operating surplus(+)/ deficit(-)
|
-48 |
-7,82 |
-4,47 |
4,54 |
11,17 |
11,13 |
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4.
|
TOTAL (1+2+3)
|
678,52 |
731,94 |
586,11 |
978,30 |
1,040,69 |
984,09 |
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EXPENDITURE AND APPROPRIATIONS | |||||||||
5. | Interest | 241,64 |
296,58 |
270,71 |
421,44 |
452,73 |
442,67 |
||
6. | Salaries, wages and bonus | 14,98 |
17,26 |
15,67 |
23,86 |
29,72 |
30,26 |
||
7. | Provident fund | 1,24 |
1,55 |
1,43 |
1,45 |
1,82 |
2,65 |
||
8. | Employees' welfare expenses | 1,75 |
1,93 |
1,67 |
4,52 |
3,18 |
3,66 |
||
9. | Managerial remuneration | 1,56 |
1,81 |
2,15 |
1,15 |
1,66 |
1,67 |
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10. | Bad debts | 8,32 |
22,87 |
69,10 |
51,91 |
16,92 |
94,49 |
||
11. | Other expenses | 137,10 |
150,36 |
131,60 |
153,32 |
166,16 |
147,14 |
||
Of which, | (a) Rent | 12,59 |
53,69 |
42,30 |
54,70 |
52,53 |
36,41 |
||
(b) Insurance | 97 |
85 |
1,03 |
67 |
83 |
2,00 |
|||
(c) Advertisement | 6,37 |
2,88 |
1,43 |
9,18 |
4,86 |
6,72 |
|||
12. | Depreciation provision | 181,41 |
217,63 |
214,00 |
179,97 |
199,11 |
130,92 |
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13. | Other provisions | ||||||||
(other than tax and depreciation) | 9,96 |
23,18 |
40,41 |
32,42 |
34,80 |
77,67 |
|||
14. | Operating profits | 81,04 |
6,58 |
-156,17 |
103,72 |
123,42 |
41,84 |
||
15. | Non-operating surplus(+)/ deficit(-) | -48 |
-7,82 |
-4,47 |
4,54 |
11,17 |
11,13 |
||
16. | Profits before tax | 80,56 |
-1,23 |
-160,64 |
108,25 |
134,59 |
52,96 |
||
17. | Less: tax provision | 16,98 |
17,15 |
13,76 |
20,78 |
40,99 |
45,64 |
||
18. | Profits after tax | 63,58 |
-18,38 |
-174,40 |
87,48 |
93,60 |
7,32 |
||
(a) Dividends | 38,47 |
20,79 |
8,59 |
44,74 |
41,55 |
23,18 |
|||
(i) Ordinary | 37,22 |
19,85 |
8,01 |
41,11 |
37,42 |
20,00 |
|||
(ii) Preference | 1,24 |
95 |
59 |
3,64 |
4,13 |
3,18 |
|||
|
(b) Profits retained
|
25,12 |
-39,17 |
-182,99 |
42,74 |
52,04 |
-15,86 |
||
19.
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TOTAL (5 TO 15)
|
678,52 |
731,94 |
586,11 |
978,30 |
1,040,69 |
984,09 |
Note: Figures in brackets below the activities denote the number of companies. 'All activities' include figures for a miscellaneous activity group for which |