STATEMENT 9 : COMBINED INCOME, EXPENDITURE AND APPROPRIATION ACCOUNTS - SELECTED FOREIGN DIRECT INVESTMENT COMPANIES, 1996-97 TO 1998-99

(Rs. lakh)

ITEM

All Companies

(321)

1996-97

1997-98

1998-99

1

2

3

4

INCOME AND VALUE OF PRODUCTION

1.

Sales $

45,099,63

47,780,14

51,126,36

2.

Increase (+) or decrease (-) in stock

-1,882,71

615,29

97,79

3.

Value of production (1+2)

43,216,92

48,395,43

51,224,14

4.

Other income

1,413,70

1,671,38

1,448,55

Of which, (a) Dividend

150,95

168,92

167,19

(b) Interest

552,17

525,44

383,42

(c) Rent

98,53

109,40

133,81

5.

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

113,55

397,73

522,34

6.

TOTAL (3+4+5)

44,744,17

50,464,54

53,195,03

EXPENDITURE AND APPROPRIATIONS

7.

Raw materials, components, etc., consumed

22,245,06

24,340,49

24,818,73

8.

Stores and spares consumed

1,577,55

2,164,84

2,621,50

9.

Power and fuel

1,529,77

1,682,43

1,721,29

10.

Other manufacturing expenses

650,24

932,79

1,866,66

11.

Salaries, wages and bonus

3,379,11

3,819,30

4,123,20

12.

Provident fund

359,67

424,14

446,97

13.

Employees' welfare expenses

605,85

770,87

819,29

14.

Managerial remuneration

69,76

79,34

103,52

15.

Royalty

134,49

562,65

180,77

16.

Repairs to buildings

148,83

155,82

161,39

17.

Repairs to machinery

440,82

477,52

522,40

18.

Bad debts

119,22

152,01

117,73

19.

Selling commission

279,40

712,18

294,78

20.

Rent

391,66

459,31

511,54

21.

Rates and taxes

345,60

257,98

273,39

22.

Advertisement

610,18

652,56

744,79

23.

Insurance

186,66

205,52

222,30

24.

Research and development

187,95

190,08

256,21

25.

Other expenses

3,841,40

4,424,66

5,503,70

26.

Depreciation provision

1,566,48

1,836,69

2,067,15

27.

Other provisions

(other than tax and depreciation)

44,32

33,57

56,39

28.

Gross profits

5,916,63

5,732,05

5,239,02

29.

Less: Interest

2,065,70

2,172,55

2,264,36

30.

Operating profits

3,850,92

3,559,50

2,974,66

31.

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

113,55

397,73

522,34

32.

Profits before tax

3,964,47

3,957,23

3,497,00

33.

Less: Tax provision

1,435,24

1,247,12

1,236,62

34.

Profits after tax

2,529,23

2,710,11

2,260,38

35.

Dividend

877,07

895,05

958,01

(a) Ordinary

876,31

892,73

955,57

(b) Preference

76

2,33

2,44

36.

Profits retained

1,652,16

1,815,06

1,302,38

37.

TOTAL (7 TO 28 + 31)

44,744,17

50,464,54

53,195,03

Note

:

Figure in bracket represents the number of companies.

$

Net of 'rebates and discounts' and 'excise duty and cess'.

-

Nil or negligible.

STATEMENT 10 : COMBINED INCOME, EXPENDITURE AND APPROPRIATION ACCOUNTS - SELECTED FOREIGN DIRECT INVESTMENT COMPANIES - COUNTRY-WISE, 1996-97 TO 1998-99

(Rs. lakh)

ITEM

U.K.

U.S.A.

(69)

(71)

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 $

12,506,19

12,582,71

13,429,66

9,646,02

10,326,63

10,791,25

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

127,36

217,56

-170,07

82,87

247,67

-90,16

3. Value of production (1+2)

12,633,55

12,800,27

13,259,59

9,728,89

10,574,30

10,701,09

4. Other income

479,20

458,24

394,51

320,68

338,82

374,39

Of which, (a) Dividend

57,44

39,42

34,92

23,16

56,06

35,03

(b) Interest

233,01

231,23

144,84

125,77

100,99

105,42

(c) Rent

20,67

20,40

18,36

9,04

40,25

49,99

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

23,32

29,77

80,66

48,46

136,70

34,20

6. TOTAL (3+4+5)

13,136,07

13,288,28

13,734,75

10,098,02

11,049,82

11,109,68

EXPENDITURE AND APPROPRIATIONS

7. Raw materials, components, etc., consumed

6,579,02

6,324,92

6,401,62

5,284,99

5,527,99

5,246,42

8. Stores and spares consumed

391,48

396,85

401,96

321,30

316,95

318,15

9. Power and fuel

458,27

527,03

517,34

329,14

415,32

438,71

10. Other manufacturing expenses

72,34

90,83

100,24

201,44

197,51

214,34

11. Salaries, wages and bonus

1,017,02

1,096,59

1,189,78

707,56

834,83

898,97

12. Provident fund

113,29

137,68

147,17

59,25

79,45

95,32

13. Employees' welfare expenses

192,15

216,00

211,53

130,06

155,11

167,87

14. Managerial remuneration

17,15

21,08

19,64

18,92

20,02

14,35

15. Royalty

9,99

32,05

33,90

27,87

29,07

23,18

16. Repairs to buildings

50,00

52,26

52,09

28,82

32,68

31,61

17. Repairs to machinery

129,97

129,11

125,93

63,45

96,20

101,96

18. Bad debts

51,33

28,20

18,96

26,95

42,29

43,48

19. Selling commission

52,06

65,63

64,62

64,66

76,91

81,15

20. Rent

74,29

76,59

82,03

105,09

127,66

146,77

21. Rates and taxes

186,07

89,98

72,75

43,50

52,37

60,10

22. Advertisement

252,08

251,83

286,88

109,36

133,73

144,42

23. Insurance

51,82

56,95

57,69

30,91

37,11

41,86

24. Research and development

38,68

53,20

60,79

60,75

41,14

93,66

25. Other expenses

1,079,63

1,214,19

1,317,11

842,56

1,017,20

1,174,46

26. Depreciation provision

344,73

403,86

443,75

307,52

405,46

457,14

27. Other provisions

(other than tax and depreciation)

9,26

4,44

4,73

23,36

10,05

11,16

28. Gross profits

1,942,12

1,989,26

2,043,58

1,262,12

1,264,07

1,270,41

29. Less: Interest

664,99

665,73

647,69

440,60

514,03

556,23

30. Operating profits

1,277,13

1,323,53

1,395,89

821,52

750,04

714,18

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

23,32

29,77

80,66

48,46

136,70

34,20

32. Profits before tax

1,300,44

1,353,30

1,476,55

869,97

886,74

748,39

33. Less: Tax provision

515,11

489,83

549,07

330,45

259,84

235,92

34. Profits after tax

785,33

863,47

927,47

539,52

626,89

512,47

35. Dividend

294,38

268,93

313,46

181,05

208,82

225,10

(a) Ordinary

294,38

268,93

312,39

181,04

207,45

224,38

(b) Preference

1

-

1,07

1

1,38

72

36. Profits retained

490,95

594,54

614,01

358,47

418,07

287,37

37. TOTAL (7 TO 28 + 31)

13,136,07

13,288,28

13,734,75

10,098,02

11,049,82

11,109,68

(Rs. lakh)

ITEM

Germany

Switzerland

(36)

(29)

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 $

9,411,00

10,041,08

11,124,29

2,112,68

2,313,25

2,449,62

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

-2,229,31

-48,81

128,54

29,97

34,50

64,03

3. Value of production (1+2)

7,181,69

9,992,26

11,252,83

2,142,64

2,347,75

2,513,65

4. Other income

297,77

325,47

323,54

57,56

79,78

64,65

Of which, (a) Dividend

32,86

31,97

66,40

3,63

11,37

5,10

(b) Interest

80,01

89,75

20,20

18,36

18,41

20,18

(c) Rent

56,52

35,99

49,69

5,29

6,95

3,76

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

27,87

153,42

177,71

7,41

9,91

-6,01

6. TOTAL (3+4+5)

7,507,34

10,471,15

11,754,07

2,207,61

2,437,44

2,572,29

EXPENDITURE AND APPROPRIATIONS

7. Raw materials, components, etc., consumed

2,769,76

3,960,89

4,037,81

954,14

1,065,46

1,097,00

8. Stores and spares consumed

370,50

907,73

1,301,71

110,26

114,25

112,28

9. Power and fuel

210,70

129,71

141,61

119,42

131,73

170,18

10. Other manufacturing expenses

248,15

439,85

1,290,10

33,00

30,29

33,93

11. Salaries, wages and bonus

714,94

815,90

886,18

176,47

201,73

215,01

12. Provident fund

96,89

92,19

96,22

16,50

20,06

24,78

13. Employees' welfare expenses

131,59

172,82

186,23

26,60

29,27

53,23

14. Managerial remuneration

7,50

7,51

12,90

4,83

5,37

8,27

15. Royalty

57,08

459,40

71,62

3,28

6,08

6,76

16. Repairs to buildings

30,01

27,44

30,02

11,24

12,14

11,33

17. Repairs to machinery

99,47

113,09

138,16

29,11

27,57

20,76

18. Bad debts

20,08

40,76

15,01

3,04

5,55

5,00

19. Selling commission

48,43

461,64

55,14

36,32

41,90

37,84

20. Rent

107,73

125,30

131,75

12,31

15,16

15,79

21. Rates and taxes

46,02

50,06

70,26

9,93

4,27

13,38

22. Advertisement

57,79

51,35

73,05

14,33

26,80

28,91

23. Insurance

48,84

50,43

62,21

7,38

8,13

9,56

24. Research and development

43,92

48,82

51,17

13,28

14,70

14,18

25. Other expenses

744,28

846,14

1,492,60

193,72

199,14

238,44

26. Depreciation provision

461,68

509,71

587,82

116,93

114,30

124,78

27. Other provisions

(other than tax and depreciation)

4,05

4,64

28,68

63

94

3,15

28. Gross profits

1,160,04

1,002,35

816,11

307,48

352,69

333,74

29. Less: Interest

362,25

334,58

317,75

71,35

66,49

99,69

30. Operating profits

797,79

667,77

498,36

236,13

286,20

234,05

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

27,87

153,42

177,71

7,41

9,91

-6,01

32. Profits before tax

825,65

821,19

676,06

243,53

296,11

228,04

33. Less: Tax provision

225,38

193,78

155,51

86,59

89,53

79,06

34. Profits after tax

600,27

627,42

520,55

156,95

206,57

148,98

35. Dividend

213,72

225,81

211,43

39,49

37,49

40,97

(a) Ordinary

213,72

225,81

211,43

39,49

37,49

40,97

(b) Preference

-

-

-

-

-

-

36. Profits retained

386,55

401,60

309,12

117,45

169,08

108,01

37. TOTAL (7 TO 28 + 31)

7,507,34

10,471,15

11,754,07

2,207,61

2,437,44

2,572,29

(Rs. lakh)

ITEM

Japan

Sweden

(23)

(7)

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 $

2,827,10

3,331,76

3,769,77

833,50

805,80

821,14

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

-14,46

55,08

211,06

53,37

-12,70

-12,58

3. Value of production (1+2)

2,812,64

3,386,84

3,980,83

886,87

793,10

808,57

4. Other income

58,36

49,90

81,70

33,22

39,56

38,12

Of which, (a) Dividend

7,09

7,27

9,65

1,80

1,13

1,14

(b) Interest

26,14

23,52

29,78

11,88

12,61

11,18

(c) Rent

2,03

1,59

6,98

1,57

1,57

1,57

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

-6,71

19,04

4,04

-1,66

-45

13,45

6. TOTAL (3+4+5)

2,864,29

3,455,78

4,066,58

918,44

832,21

860,14

EXPENDITURE AND APPROPRIATIONS

7. Raw materials, components, etc., consumed

1,694,39

1,974,87

2,328,06

387,90

337,42

360,31

8. Stores and spares consumed

112,57

165,24

171,42

53,74

54,21

55,23

9. Power and fuel

59,62

70,30

75,81

24,44

27,52

29,24

10. Other manufacturing expenses

24,90

78,22

132,73

6,17

2,35

5,20

11. Salaries, wages and bonus

149,22

181,90

207,49

77,31

88,40

83,34

12. Provident fund

11,66

15,64

19,80

13,21

13,27

11,79

13. Employees' welfare expenses

30,56

35,58

43,82

14,33

21,19

19,22

14. Managerial remuneration

7,28

8,99

11,20

67

3,34

1,33

15. Royalty

27,04

27,93

32,83

53

-

4,68

16. Repairs to buildings

5,81

5,60

8,70

2,97

1,27

3,87

17. Repairs to machinery

19,79

20,17

25,89

22,00

20,24

19,55

18. Bad debts

2,11

2,52

2,93

3,01

7,01

2,75

19. Selling commission

8,81

10,15

9,86

5,73

5,67

5,95

20. Rent

26,60

36,49

51,38

4,15

6,38

7,25

21. Rates and taxes

5,03

5,72

7,88

7,33

9,32

8,82

22. Advertisement

56,67

69,42

85,51

1,72

2,21

2,57

23. Insurance

12,67

14,06

11,95

3,59

4,03

4,02

24. Research and development

13,07

16,61

17,20

2,43

1,69

3,28

25. Other expenses

189,71

234,47

269,09

71,60

76,46

127,95

26. Depreciation provision

75,91

90,58

110,72

49,55

57,45

60,49

27. Other provisions

(other than tax and depreciation)

33

1,58

2,74

-

13

2,18

28. Gross profits

337,25

370,71

435,53

167,71

93,10

27,66

29. Less: Interest

79,01

73,14

69,89

45,81

40,06

39,14

30. Operating profits

258,24

297,58

365,63

121,90

53,04

-11,48

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

-6,71

19,04

4,04

-1,66

-45

13,45

32. Profits before tax

251,52

316,62

369,67

120,24

52,59

1,96

33. Less: Tax provision

77,89

91,84

108,13

54,49

20,34

11,92

34. Profits after tax

173,63

224,78

261,54

65,75

32,25

-9,95

35. Dividend

34,97

42,08

60,55

22,35

11,51

10,19

(a) Ordinary

34,97

42,08

60,55

22,35

11,51

10,19

(b) Preference

-

-

-

-

-

-

36. Profits retained

138,67

182,70

200,99

43,40

20,74

-20,15

37. TOTAL (7 TO 28 + 31)

2,864,29

3,455,78

4,066,58

918,44

832,21

860,14

(Rs. lakh)

ITEM

Netherlands

Mauritius

(15)

(19)

1996-97

1997-98

1998-99

1996-97

1997-98

1998-99

1

20

21

22

23

24

25

INCOME AND VALUE OF PRODUCTION

1. Sales $

1,985,55

2,322,40

2,372,17

1,929,51

2,231,49

2,252,24

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

25,25

29,83

48,12

-4,39

17,42

-5,35

3. Value of production (1+2)

2,010,80

2,352,23

2,420,28

1,925,12

2,248,91

2,246,89

4. Other income

32,61

28,93

32,43

49,16

65,66

60,11

Of which, (a) Dividend

4,49

4,20

5,57

6,04

4,90

2,04

(b) Interest

13,76

13,18

12,07

15,73

18,30

16,06

(c) Rent

83

82

1,23

76

69

1,39

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

4,39

1,49

-3,98

4,50

18,40

-12,03

6. TOTAL (3+4+5)

2,047,80

2,382,66

2,448,74

1,978,78

2,332,97

2,294,98

EXPENDITURE AND APPROPRIATIONS

7. Raw materials, components, etc., consumed

1,237,56

1,438,03

1,425,25

1,154,87

1,405,93

1,509,32

8. Stores and spares consumed

31,41

33,99

50,27

66,19

69,89

56,53

9. Power and fuel

33,50

47,21

54,78

73,78

91,46

74,37

10. Other manufacturing expenses

7,58

9,44

15,85

7,54

5,23

8,53

11. Salaries, wages and bonus

181,11

207,17

230,05

91,76

108,74

112,07

12. Provident fund

17,80

27,19

10,62

8,29

11,58

12,67

13. Employees' welfare expenses

19,47

21,64

44,36

17,89

19,14

30,54

14. Managerial remuneration

2,79

3,55

3,76

5,18

3,34

3,56

15. Royalty

2,38

2,28

3,12

57

38

58

16. Repairs to buildings

6,99

9,06

7,71

3,17

4,00

3,08

17. Repairs to machinery

13,71

14,01

17,28

14,31

16,18

12,79

18. Bad debts

2,40

4,91

7,41

2,00

3,61

4,46

19. Selling commission

23,92

9,43

8,96

16,98

19,22

14,41

20. Rent

21,14

23,27

27,99

12,44

12,95

12,11

21. Rates and taxes

14,12

12,34

12,52

3,68

6,66

4,96

22. Advertisement

33,36

37,42

43,76

12,41

10,35

10,42

23. Insurance

6,20

7,11

6,50

7,46

7,84

8,15

24. Research and development

5,83

4,18

6,72

37

33

30

25. Other expenses

163,44

190,61

199,10

148,81

165,30

179,74

26. Depreciation provision

34,22

37,15

42,19

63,68

78,45

83,18

27. Other provisions

(other than tax and depreciation)

2

1

22

-