(Rs. crore)

Item

1998-99

1999-00

2000-01

1

2

3

4

Income and Value of Production

1.

Sales *

2,56,119

2,84,761

3,12,961

2.

Increase(+) or decrease(-) in value of stock

of finished goods and work in progress

558

2,630

2,352

3.

Value of production (1+2)

2,56,676

2,87,390

3,15,313

4.

Other income

8,980

9,817

9,764

Of which : (a) Dividends

836

1,213

902

(b) Interest

3,187

3,443

2,908

(c) Rent

626

519

505

5.

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

1,743

2,494

2,993

6.

Total (3+4+5)

2,67,399

2,99,702

3,28,069

Expenditure and Appropriations

7.

Raw materials, components, etc., consumed

1,28,402

1,44,803

1,58,271

8.

Stores and spares consumed

12,521

13,467

13,878

9.

Power and fuel

17,202

19,757

23,018

10.

Other manufacturing expenses

5,182

6,364

6,987

11.

Salaries, wages and bonus

17,102

18,542

20,390

12.

Provident fund

1,872

1,983

2,077

13.

Employees’ welfare expenses

2,765

2,929

3,091

14.

Managerial remuneration

370

417

537

15.

Royalty

514

590

629

16.

Repairs to buildings

638

684

709

17.

Repairs to machinery

2,964

3,104

3,342

18.

Bad debts

632

664

816

19.

Selling commission

1,747

1,947

2,633

20.

Rent

2,578

2,550

2,333

21.

Rates and taxes

1,083

1,318

1,314

22.

Advertisement

3,193

3,739

4,310

23.

Insurance

1,087

1,119

1,097

24.

Research and development

723

738

949

25.

Other expenses

24,625

27,338

30,389

26.

Depreciation provision

12,703

14,710

15,759

27.

Other provisions

(other than tax and depreciation)

225

441

798

28.

Gross profits

27,528

30,002

31,747

29.

Less: Interest

16,669

17,790

19,044

30.

Operating profits

10,859

12,213

12,703

31.

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

1,743

2,494

2,993

32.

Profits before tax

12,602

14,707

15,696

33.

Less: Tax provision

4,038

4,886

5,063

34.

Profits after tax

8,564

9,821

10,633

35.

Dividends

4,437

5,143

5,448

(a) Ordinary

4,322

4,945

5,298

(b) Preference

115

198

150

36.

Profits retained

4,127

4,678

5,186

37.

Total (7 to 28 + 31)

2,67,399

2,99,702

3,28,069

* Net of ‘rebates and discounts’ and ‘excise duty and cess’.