Balance Sheet and Profot and Loss

8/3/2019 Balance Sheet and Profot and Loss

1/30

Comparative analysis of balance sheet:123

particulars

currentyear(20

03-04)

previousyear(20

02-03)

absolutechang

e

percentage

changeSOURCES OF FUNDS

Share holders funds

Capital 459003 459003

Reserve and surplus 1370303 1426663 -563603,9504774

43

Loan funds

secured loans 1266609 1399187 -1325789,4753596

2

TOTAL

3095915

3284853 -188938

5,751794677

APPLICATION OF FUNDS

Fixed assets

Gross block 3520992 3315318 2056746,2037487

81

Less : deprecation 2070759 1489151 58160839,056348

21

Net block 1450233 1826167 -375934

20,585959

55

Capital work in progress 25624 29908 -428414,323926

71

Investments 474228 474228

Current asset and, loans and advances

Inventories 1143036 942445 20059121,284106

76

Sundry debtor 414667 404215 104522,5857526

32

Cash and bank balance 8617 5168 344966,737616

1

Loan and advances 204101 175977 2812415,981633

96

Total current asset (A) 1770421 1527805 24261615,880037

05Less: current liabilities &

provision (B) 643218 598027 451917,5566822

23

Net current assets (A-B) 1127203 929778 19742521,233563

28

Misc expenditure (to the extent ofwritten off) 18627 24772 -6145

24,80623284

TOTAL

3095915

3284853 -188938

5,751794677


2/30

INTERPRETATION:

1. Reserve and surplus of the company has been decreased by 3.95% during

the year 2003-04. It shows that the company has cant be adopted good

policy and further development.

2. Current Asset and Loan & Advances:- The inventories of the company

are increased by 21.28% and debtor has been increased by 2.58% and cash

and bank balance increased by 66.73%. it is a good position for a company.

Loan and advances are already increased by 15.98%.

3. Current liabilities and provisions is increased by the company. The ratio of

current liabilities is 7.55% increased .


3/30


4/30

particulars

currentyear(2004-05)

previousyear(2003-04)

absolutechange

percentagechange

SOURCES OF FUNDS

Share holders funds

Capital 388269 459003 -70734

-15,410356

8amount received against warrants 192500 ---

Reserve and surplus 3323958 1370303 1953655142,57102

26

Loan funds

unsecured loan 25700--

-

secured loans 3373485 1266609 2106876166,33988

86

TOTAL 7303912309591

5 4207997135,92094

74


Fixed assets

Gross block 7292469 3520992 3771477107,11404

63


52

Net block 3003406 1450233 1553173107,09816

97

Capital work in progress 32764 25624 714027,864502

03

Investments 660100 474228 185872

39,194648

99Current asset and, loans and advances

Inventories 2514971 1143036 1371935120,02552

85

Sundry debtor 668825 414667 25415861,292072

92


9


24

fixed asset and held for disposal 18868--

--


74

Less: current liabilities &provision (B) 614240 643218 -28978

-4,5051599

92


33


-32,995114

62

profit and loss a/c 429341---

TOTAL 7303912309591

5 4207997135,92094

74


5/30

Interpretation:

1. Reserve and surplus of the company has been increased by 142.57% during

the year 2003-04. It shows that the company has adopted good policy and

further development.

2. Current Asset and Loan & Advances: - The inventories of the company are

increased by120.02% and cash and bank balance increased by 1222.64%. It is

a good position for a company and debtor has been increase by 61.29%.

3. Current liabilities and provisions have been decreased by 32.99%. It means the

company improved the situation and control upon the creditor.


6/30


7/30

Particulars



absolutechange

percentagechange

SOURCES OF FUNDS

Share holders funds

Capital 354590 388269 -33679

-8,67414086

6

amount received against warrants 37068 192500 -155432-

80,7438961


8

Loan funds

unsecured loan 1999350 25700 19736507679,57198

4

secured loans 5138761 3373485 176527652,3279635

2

TOTAL114209

60730391

2 411704856,3677108

9


Fixed assets

Gross block 8652404 7292469 135993518,6484851

7


6

Net block 3958156 3003406 95475031,7889089

9

Capital work in progress 602698 32764 569934 1739,51288

Investments 739237 660100 7913711,9886380

9

deffered tax asset (net) 107100 107100


Inventories 3050675 2514971 53570421,3006034

7

Sundry debtor 861711 668825 19288628,8395320

2


4


1

fixed asset and held for disposal 18632 18868 -236

-

1,250794997


8Less: current liabilities & provision

(B) 649019 614240 347795,66211904

1


3Misc expenditure (to the extent of

written off) 77026 12481 64545 517,146062

profit and loss a/c---- 429341

TOTAL114209

60730391

2411704

856,3677108

9


8/30

Interpretation:

1. Reserve and surplus of the company have been increased by the

comparatively previous year. It increased by 17.06%. it mean this is the

good situation for the company.

2. Fixed assets have been increased by 31.78% after depreciation.

3. Current asset and loan advances have been increased by 74.22%. in the total

current asset the maximum amount is increased in cash and bank balance. It

increased by 1680.83%.

4. Current liabilities & provisions are increased by 5.66%.


9/30


10/30

particulars



absolutechange

percentagechange

SOURCES OF FUNDS

Share holders funds

Capital 400340 354590 4575012,9022251

1

amount recived againist warrants

--- 37068


7

Loan funds

unsecured loaan 1950750 1999350 -48600

-2,43079000

7

sucured loans 7965040 5138761 282627954,9992303

6

deffered tax liability (net) 66544---

TOTAL

152299

04

114209

60 380894433,3504714

1APPLICATION OF FUNDS

Fixed assets

Gross block 10030812 8652404 137840815,9309250

9


9

Net block 4935133 3958156 97697724,6826299

9

Capital work in progress 1721124 602698 1118426185,569887

4

Investments 1069740 739237 330503 44,70866583

deffered tax asset (net)

--- 107100


Inventories 3597158 3050675 54648317,9135109

4

Sundry debtor 879660 861711 179492,08294892

4


2

Loan and advances 1462490 625090 837400

133,964709

1

fixed asset and held for disposal 24558 18632 592631,8054959

2


5

Less: current liabilities &provision (B) 584689 649019 -64330

-9,91188239

5


6


-99,7546283

1

152299 114209 380894


11/30

Interpretation:

1. Reserve and surplus of the company have been increased by 24.56% during

the year 2006-07. It shows that the company has adopted good policy and

further development by retain profit.

2. Secured loan has been increased by 54.99%. it is the negative point of the

company.

3. Inventories have been increased by 17.91% debtor have increased by 2.08%

and cash and bank balance increased by 4.67% and loan and advances also

increased by 133.96%.

4. Current liabilities and provision is also decreased by 9.91%, it show the

good situation for a company.


12/30


13/30

particulars



absolutechange

percentagechange

SOURCES OF FUNDS

Share holders funds

Capital 400340 400340 0

Reserve and surplus 4813281 4847230 -33949 -0.70037

Loan funds

unsecured loan 1802250 1950750 -148500

-7,612456747

secured loans 7955876 7965040 -9164

-0,1150527

81

deferred tax liability (net) 170585 66544 104041156,34918

25

TOTAL151423

32152299

04 -87572

-0,5750003

41


Fixed assets

Gross block 12408506 10030812 237769423,703903

53


52

Net block 6553813 4935133 161868032,799116

05

Capital work in progress 407750 1721124 -1313374

-76,309086

39

Investments 1410685 1069740 34094531,871763

23


Inventories 4646596 3597158 104943829,174086

88

Sundry debtor 1122564 879660 24290427,613396

08

Cash and bank balance 1176715 2124541 -947826

-44,613212

92

Loan and advances 1208673 1462490 -253817

-17,355127

21

fixed asset and held for disposal 13530 24558 -11028

-44,905936

97


62Less: current liabilities & provision

(B) 1398012 584689 813323139,10352

34

Net current assets (A-B) 6770066 7503718 -733652

-9,7771797

93

Misc expenditure (to the extent of

written off) 18 189 -171

-90,476190

48

151423 152299-


14/30

Interpretation:

1. Reserve and surplus of the company is decreased by .70%. it is a bad

situation of the company. It is the period of recession.

2. Secured loans of the company has been decreased by .11% it show positive

point of the company.

3. Inventories increased by 29.17%, debtor increased by 27.61%, cash and

bank balance decreased by 44.61% and loan and advances is decreased by

17.55%.

4. Overall financial position of the company cant be satisfactory. Because this

is the time of recession period. The share market has not well position.


15/30

Comparative analysis of profit and loss account:

Particulars

Current year(2003-04)

Previous year(2002-03)

Absolutechange

Percentage inchange

Income

Operating and other income 4020765 3423127 59763817,458832

23

Transfer from general reserve 255617

---

total income(A) 4276382

3423127

85325524,926185

91

Expenditure

Cost of material 2102772 1468691 63408143,173206

62

Manufacturing exp 676941 723083 -46142

-6,3812867

96

Employment cost 161492 173010 -11518

-6,6574186

46

Admistration exp 58002 48483 951919,633686

03

Financial exp. 118240 199742 -81502

-40,803636

69

Selling exp 77526 102486 -24960

-24,354545

99

Excise duty 259163 300326 -41163

-13,706106

03

Misc. exp written off 6145 6563 -418

-6,3690385

49

Deprecation 616829 323223 29360690,836976

33total expenditure(B) 4077110 3345607 731503 21,864582


16/30

42

Profit before tax (A-B) 199272 77520 121752157,05882

35

Less: provision for taxation 45 4050 -4005

-98,888888

89

Profit after tax 199227 73470 125757171,16782

36

Add: income tax liability/refund of earlier year(net) 30 -57 87

-152,63157

89

Available for appropriation 199257 73413 125844171,41923

09

Less: transfer to general reserve

--- 73413 125844

171,4192309

Less: balance carried to balance sheet 199257

---

Basic /diluted earning per share(in Rs) 10.83Rs 3.99Rs

Interpretation:

1. The comparative income statement show that operating income is increased

by 17.45% than the total income is increase by 24.92%.

2. Cost of material (43.17%), Admistration exp. (19.63%) and deprecation

(90.83%) increased. Manufacturing exp (6.38%), employment cost (6.65%),financial exp (40.80%) selling exp (24.35%) are decreased. It means the

profit of the company will be increased.

3. Profit after tax increased by (171.16%) and the of balance transfer to balance

sheet is (199257000) rupees.


17/30

4. At last the earning per share value is increased 6.84Rs per share.


18/30

Particulars

Currentyear(2004-05)

Previousyear(2003-04)

Absolutechange

Percentage inchange

Income (A)

Operating and other income 6400256 4020765 2379491

59,180056

53

Transfer from general reserve

--- 255617

total income 6400256 4276382 212387449,665207

65

Expenditure (B)

Cost of material

3244194

2102772 114142254,281776

63

Manufacturing exp

1238634

676941 56169382,975178

04

Employment cost

345875

161492 184383

114,17469

6

Admistration exp

93899

58002 3589761,889245

2

Financial exp.

280538

118240 162298137,26150

2

Selling exp

136062

77526 5853675,504991

87

Excise duty

216539

259163 -42624

-16,446792

17

Misc. exp written off

6146

6145 10,0162733

93

Deprecation 458997 616829 -157832

-25,587642

6

total expenditure (B) 6020884 4077110 194377447,675289

6

Profit before extra ordinary items & tax(A-B) 379372 199272 18010090,378979

49

extra ordinary items 159110 ---

profit before tax 220262 199272 2099010,533341

36

Less: provision for taxation 17000 45 1695537677,777

78

Profit after tax 203262 199227 40352,0253278

92

Add: income tax liability/refund of earlier year(net) 175 30 145483,33333

33

Add: balance brought forward 199257 199257

Less: transfer to capital redemption reserve 192500 192500

Add: balance acquired on amalgamation -674754 -674754

Add: transfer from general reserve 35219 35219

balance surplus /deficit carried to the balance

sheet -429341 199257 -628598

-315,47097

47

basic earning per share (in Rs) 6.65Rs 10.83Rs

diluted earning per share(in Rs) 5.24Rs 10.83Rs


19/30

Interpretation:

1. The income statement shows that the operating income is increased by

59.18% increased so the total income is increased by 49.66% in this year the

general reserve cant be transfer so the total income not increased

sufficiently.

2. In this year only the deprecation (25.58%) and excise duty(16.44%)

decreased and all other exp. For example. Cost of material (54.28%),

manufacturing exp. (82.97%), employment cost (114.17%), Admistration

exp. (61.88%), financial exp (137.26%), and selling exp (75.50%), and misc.

exp is increased and when the expense of the company is increase than the

profit of the company is decreased.

3. In this year the profit is only increased by 2.02%.

4. In this year the company not transfer the surplus to balance sheet they

transfer deficit to the balance sheet.

5. The earning per share value is decreased by 4.28%.


20/30


21/30

Particulars



Absolutechange

Percentage inchange

Income

Operating and other income 6996416 6286798 70961811,2874312

2

Less: excise duty recovered on sale 55046 216539 -161493

-74,5791751

1

other income 49865 113458 -63593

-56,0498157

9

total income(A) 6991235 6183717 80751813,0587800

2

Expenditure

Cost of material 3250912

3244194

67180,20707762

9

Manufacturing exp 1600421

1238634

36178729,2085474

8

Employment cost 401276345875

55401 16,01763643

Admistration exp 127322

93899

3342335,5946282

7

Financial exp. 203140

280538

-77398

-27,5891323

1

Selling exp 148124

136062

120628,86507621

5

Misc. exp written off 6146 6146

Deprecation 486703 458997 27706 6,03620503


9

Profit before extra ordinary items & tax(A-B) 767191 379372 387819102,226574

4

Extra ordinary items

--- 159110

Profit before tax 767191 220262 546929248,308378

2


6

Less: provision for wealth tax 70 70

Less: provision for fringe benefit tax 5320

--

Less: deferred tax -107100--

Profit after tax 804701 203262 601439295,893477

4Add/Less: income tax liability/refund of earlier

year(net) -2170 175 -2345 -1340

Add/Less: balance brought forward -429339 199257 -628596

-315,469970

9

Less: transfer to capital redemption reserve

--- 192500

Add/Less: balance acquired on amalgamation--- -674754


22/30

Interpretation:

1. In this year the Income is increased by 13.05% this percentage is very low

comparison to previous year or this year income is increased only by 11.28%.

2. This year statement shows that the total expenditure is increased by 7.23%.

The expense is decreased comparison to income. So it mean when the exp is

decreased then the company earn profit.

3. In this year only the financial expense have decreased by 27.58%.

4. After all tax and provision the profit increased by 295.89%.

5. After dividend paid 322760 rupees amount is transfer to balance sheet.

6. In this year the basic earning per share value is increased by 19.66 Rs per

share.


23/30

Particulars

Current year(2006-07)


Absolutechange

Percentage inchange

Income

Operating income 9090163 6996416 209374729,925993

Less: excise duty recovered on sale 83838 55046 2879252,305344

other income 216656 49865 166791334,48510

total income(A) 9222981 6991235 223174631,922056

Expenditure

Cost of material 4275167 3250912 1024255 31,506697

Manufacturing exp 2116249 1600421 51582832,230769

Employment cost 508366 401276 107090 26,687367

Admistration exp 162162 127322 3484027,363692

Financial exp. 308715 203140 10557551,971546

Selling exp 191036 148124 4291228,970322

Excise duty on stock 47567---

Misc. exp written off 6146 6146

Deprecation 638149 486703 151446 31,11671


Profit before tax 925424 767191 158233

20,624981


Less: provision for wealth tax 245 70 175 25

Less: proision fot fringe benefit tax 7250 5320 193036,278195

Add: Mat credit entitelment 63718---

Less: deferred tax 173644 -107100 280744262,13258

Profit after tax 678633 804701 -12606815,666440

Add/Less: income tax liability/refund of earlier

year(net) 662 -2170 2832130,50691

Add/Less: balance brought forward

--- -429339

Less: transfer to FCCBs periodic reserve cost 139744 139744

Less: proposed divedend on equity share 40034 35459 457512,902225

Less: corporate dividend tax 6804 4973 183136,818821

Transfer to general reserve 492713 332760 15995348,068577


24/30

Interpretation:

1. In this year the statement shows that the other incomes are increased by

334.48%. Than the total income is increased by 31.92% in this year the

excise duty recovered on sale is increased by 52.30%.

2. Total expense is increased by 33.31%. In expense only the misc. expense are

constant and other expense is increased. It is not good for company.

3. Profit after tax and provision is decreased by 15.66%. The ratio of profit isdecreased comparative to previous year profit.

4. This year the general reserve transfer to balance sheet is 48%.

5. In this year the basic earning per share value is decreased by 8.73Rs per

share.


25/30


26/30

Particulars


Previous year(2006-07)

Absolutechange

Percenage inchange

Income

Operating and other income 8837285 9090163 -2528782,78188

Less: excise duty recovered on sale 83508 83838 -330

0,39361

other income 148724 216656 -6793231,3547

total income(A) 8902501 9222981 -3204803,47479

Expenditure

Cost of material 4195342 4275167 -798251,86717

Manufacturing exp 2261043 2116249 1447946,84201

Employment cost 620201 508366 11183521,9989

Admistration exp 156656 162162 -55063,39537

Financial exp. 518971 308715 21025668,1068

Selling exp 163329 191036 -2770714,5035

Excise duty on stock 28568 47567 -1899939,9415

Misc. exp written off 171 6146 -597597,2177

Deprecation 806952 638149 16880326,4519


Profit before tax 151268 925424 -774156

83,6541

Less: provision for taxation 15100 129370 -11427088,3280

Less: provision for wealth tax 263 245 187,34693

Less: provision for fringe benefit tax 8200 7250 95013,1034

Add: Mat credit entitlement

--- 63718

Less: deferred tax 104041 173644 -69603

40,0837


27/30

Interpretation:

1. The statement show that this year the total income is decreased by 3.47%

and all other incomes is decreased by 31.35% so it is the negative point of

the company.

2. The total expense is increased by 5.46%. In the expenses the cost of

material, Admistration exp., selling exp, excise duty and misc. exp have

decreased and other exp. is increased.

3. Profit after tax and provision is decreased by 96.51% to previous year.

4. In this year the company basic per share value is decreased by 16.97Rs per

share.

5. In this year the profit cant be earned. Because in this year the market

situation is very bad. It is the recession period for company


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Documents

Balance Sheet and Profot and Loss