HYUNDAI MOTOR COMPANY: COMPANY PROFILE

Hyundai motor company (Hyundai) is one of the worlds largest automobile manufacturers based on Korea. The company, along with its subsidiaries and affiliates, designs, develops and manufactures passenger and heavy duty automobiles, recreational vehicles, and host of related parts. Hyundai also provides automobile maintenance services. The company markets its passenger cars under sonata, Veracruz, santa Fe, Tucson, Matrix and H-1brands the company has presence in 180 countries across north America East Asia and Europe. Its manufacturing plants are located in Korea, china, India, US, Russia, Turkey, Czech Republic, and Brazil. Hyundai is headquartered in Seoul, South Korea.

This SWOT analysis and company profile is a crucial resource for industry executive and anyone looking to gain a better understanding of the companys business. The Hyundai Motor Company: Company Profile and SWOT Analysis report utilizes wide range of primary and secondary sources, which are analyzed and presented in consistent and easily accessible format.

Hyundai had a loyalty rate of 49.5 percent, according to the Experian study edging out General Motors and Ford-as well as major Japanese markers like Toyota. It was the first time the

Korean carmaker led the list, marking a significant turnaround for brand that was once the butt of jokes, not a marquee that won repeat business.
Hyundais loyalty translated as the repurchase rate of its owners has also helped drive the brands market share to record levels,9.2 percent during the second quarter of this year, up form 7.9 percent a year earlier. The makers performance in the study also reflected well on its sibling brand ,kia actually outscoring the Hyundai brand with a 47.9 percent loyalty rate.General motors, which came in second in the Experian study had the second-highest loyalty rate, at 48.1 percent, and also saw its market share grow by 0.5 points-to 19.6 percent during the second quarter of this year.

Ford was third in the latest Experian loyalty study, at 47.6 percent .but it also took six of the top 10 sports in terms of loyalty to specific products. That included the ford fiesta, third at 63 percent, and the fusion, fourth at 61 percent. The product with the highest individual loyalty was the kia forte, according to Experian, at 68 percent. The makers quirky crossover the soul, was fifth at 59 percent, with its forte koup ranking eighth at 57 percent. Makers have become increasingly focused on brand loyalty in recent years. Repeat business not only helps prop up sales and market share but also helps hold down marketing . Experts say it can cost as much as 11 times more to conquest a buyer from a competing brand as opposed to winning back one of your loyal owners more from the Detroit bureau:

SCOPE
Examines and identifies key information and issues about Hyundai motor company for business intelligence requirements Studies and present the company strengths, weaknesses, opportunities (growth potential) and threats(competition).strategic and operational business information is objectively reported Provides analysis on financial ratios along with a competitor benchmarking section The profile also contains information on business operations, company history, major products and services, prospects, key competitors, key employees, locations and subsidiaries

SYNOPSIS
The Hyundai motor company profile and SWOT Analysis report contains in depth information and data about the company and its operation. The profile contains a company overview, business description, financial ratios, competitor benchmarking data, SWOT analysis, key facts, information on products and services, details of location and subsidiaries, plus information on key news events affecting the company.

REASONS TO BUY
Quickly enhance your understanding of the company Gain insight into the marketplace and a better understanding a your competitors businesses better Recognize potential partnerships and suppliers Obtain yearly profitability figures

According to this view, working capital is the total of current assets represented by long-term and long term liabilities. This view places more emphasis on the quantitive aspect of working capital rather than its quantitive aspect. The argument given in support of this view is that as all current asset in the conduced of the business operation it does not make any difference whether they are financed by long- term funds or by current or short-term liabities

The other view gives more emphasis on the qualitive aspect rather than the quantitive aspect of working capital. According ,the definition of working capital should be based on the net- concept which means that working capital is excess of current assets over current liabities. The view pin point the need for working fund which is represented by current liabities are equal then it would mean that business has no working capital, in such situation the current ratio will be 1:1 meaning thereby that the firm is operating on zero working capital basic. In order to avoid the confusion between gross and net concept of working capital. The net working capital will normally not change in current in liabilities because If there is an increase in current liability, there is normally a corresponding increase in more item of current assets thus, the net amount of working capital remains the same. Similarly, when there is a decrease in one and more items of current assets and the difference between current assets and current liabilities ( i.e., working capital ) will remain same.

THEORETICAL ASPECT OF WORKING CAPITAL

Money that is tied up in inventory or many that customers still own to the company cannot be used to pay off any of the companys obligation. So, if a Company is not operating in the most efficient manner (slow collection),it will show up as an increase in the working capital

ROLE OF WORKING CAPITAL IN HYUNDAI

Hyundai, operating cannot be conducted merely on the basic if fixed capital {l..e, funds blocked in fixed assets} in addition, a minimum level of working capital has also to be kept in order to service as a working funds for conducting day to day operation smoothly.

1) 2)

To finance purchase of raw material and other stores. To finance the entire process of converting raw material into and other direct factory

expenses. 3) 4) 5) To finance the credit sales. To meet day-to-day expenses of petty nature To meet unforeseen contingencies

The net working capital will normally not change in current liabilities because if there is an increase in current liability, there is normally a corresponding increase in one more item of current assets thus, then net amount of working capital remains the same. Working capital also gives investors an idea of the companys underlying operational efficiency.

OPERATING CYCLE
Circulating capital (or current asset )circulates in conduct of business operation. Each operating cycle being with a case-outflow and after a time-gap ends with a cash inflow. The process does not cease there but another operating cycle with a fresh out flow starts and again ends with a subsequent inflow of cash after time..The shorter is the time lag between the out flow and in flow of cash.

Working capital management involves management of its four components which are:

1) Cash and liquidity management. 2) Receivable management. 3) Inventory management 4) Management of current liabities.

TYPES OF WORKING CAPITAL

Working capital can be divided into two parts

1) REGULAR WORKING CAPITAL 2) VARIABLE WORKING CAPITAL

MANAGEMENT OF CASH AND LIQUIDITY

THE ROLE OF CASH AND OTHER LIQUID ASSEST in HYUNDAI should never be under estimated cash is the most liquid of all assets. It has already been explained that each operating cycle starts with a cash flow and end with a cash flow and ends with a cash- inflow. In order to start and complete a chain of operating cycle, One after the other adequate level of cash or liquid assets must be maintained in business throughout the operating period. Cash includes coins, currency notes, cheque, cash balance at bank. Beside cash liquid asset include some other nearcash items which can be promptly dated or converted into cash: such as easily marketable securities, banks fixed deposits, money at call or short notice etc. In the context a term called LIQUIDITY is also used frequently.

PRACTICAL ASPECT OF WORKING CAPITAL

HYUNDAI MOTIVE FOR HOLDING CASH
WHY SHOULD A FIRM HOLD CASH LIQUID ASSETS ? This question is often asked in the context of formulation of cash management policies. In other words what should be the motive or objective of holding cash in business ? The following three motives are usually suggested.

1) THE TRANSACTION MOTIVE 2) THE PRECAUTIONARY MOTIVE & 3) THE SPECULATIVE MOTIVE

TRANSACTION MOTIVE
The basic objective of holding cash is to conduct current operation smoothly. Had there been perfect harmony between cash-inflow and cash-outflow , holding the cash by business units would have become unnecessary of redundant, because the inflow in that case, would automatically meet the outflow and thus the firm would convently operate on zero level of cash quantum and timing of cash flow is unthinkable. This necessities holding of cash to meet day-to-day expenses and other obligation claims (purchase of raw-material, payment of wages, the firm should be ready to meet other current). Moreover the HYUNDAI should be ready to meet other occasional cash-outflow interest, taxes, dividends, repayment of loans amounts on maturity etc.

PRECAUTIONARY MOTIVE
HYUNDAI firms also prefer to hold cash {or near cash assets} in order to meet unforeseen contingencies. The surplus liquidity {more than the bare minimum } serve as a safe guard against any emergency, which may arise in future. Good liquidity would enable a firm to face sudden financial crisis lasing for a short period. The example may be tight cash position in time of strikes, accidents, plants-break-down, power failure etc.

THE SPECULATIVE MOTIVE

This motive of holding cash is debatable and controversial. One view is that to indulge in speculation is a risky and hence business firms should refrain from activities, instead of bringing wind falls may sometimes also give serves jolts to the business itself. The other view is that holding of surplus cash and investing it in the purchasing high ranking and fast appreciating corporate securities may bring in capital gains.

ECONOMIC ORDER QUANTITY

It is that of order for an inventory item which balance carrying costs and ordering costs so that the total costs are lowest. According to HAMTON, THE E.O.Q. means the size of order that will result in the lowest costs of ordering costs and carrying costs for an items of inventory. In other words it can be said that E.O.Q involves a trade- off between ORDERING COST OR CARRYING COST.

RE-ORDER QUANTITY
After having ascertained the economic order quantity (E.O.Q) of an item inventory, the next important step is know the optimum point of inventory level at which a fresh order for replenishment be given. IN HYUNDAI, A fresh order, places when level of inventory is high enough would. NO doubt, reduce the risk of being OUT OF STOCK, but the same it will increase the cost of carrying surplus inventory. On the other hand, a fresh order placed when high level of inventory: is very thin, would certainly reduce the carring costs of inventory: but the same time, it would increase the risk of being out of stock.

WORKING CAPITAL
Working capital should be based on the net-concept which means that working capital is excess of current assets over current liabilities. The view pin point the need for working fund which is represented by current liabilities are equal then it would mean that business has no working capital, in such situation the current ratio will be 1.1 meaning thereby that the firm is operating on zero working capital basic. In order to avoid the confusion between gross and net concept of working capital

WORKING CAPITAL=CURRENT ASSESTS/CURRENT LIABITIES

YEAR CURRENT ASSESTS CURRENT LIBITIES

2009 28458037 8408360

2010 34497384 12118312

2011 54829962 15063238

LIQUID ASSETS
Liquid asset are among the most basic form of financial resources used of consumers ,supplier and investors. Essentially, a liquid asset is cash or any type of negotiable asset that can be converted quick and easily into cash. In many instances, financial experts choose to classify liquid assets as any asset that can be converted into cash within a period of twenty days. Currency and coin are the two most obvious forms of liquid assets. Immediately recognized as LEGAL TENDER for purchases and to settle outstanding debts, currency remains the single most common of all liquid assets that are used on a consistent basis by retail customers. The circulation of currency and coins are controlled by the financial arm of the country in question, often a treasury or revenue department of the central government

LIQUID ASSESTS=CURRENT ASSESTS-TOTAL INVENTORY

YEAR CURRENT ASSESTS INVENTORY

2009 28458037 24851183

2010 34497384 27656924

2011 54829962 48527680

LIQUID RATIO
Common liquidity ratios include the current ratio, the quick ratio and the operating cash flow ratio different analysis consider different assets to be relevant in calculating liquidity. Some analysis will calculate only the sum of cash and equivalents divided by current liabilities because they feel that they are the most liquid assets, and would be the most likely to be used to cover short-term debts in an emergency.

LIQUID RATIO = LIQUID ASSESTS / CURRENT LIABITIES YEAR LIQUID ASSESTS CURRENT LIABITIES 2009
290 534.62

2010
22 433.23

2011
22 370.2

CASH RATIO
A ratio of a companys cash and liquid assets to its total liabilities. A cash ratio is a measure of companys liquidity and how easily it can service debt and cover short-term liabilities if the need arises. As a result, potential creditors use this ratio in determining whether or not to make shortterm loans. It is also called the liquidity ratio and the cash asset ratio

CASH RATIO= CASH/CURRENT ASSESTS

YEAR CASH CURRENT ASSESTS

2009 26352552 28458037

2010 22265218 34497348

2011 30512522 54829962

TOTAL COST
In ACCOUNTING, the SUM of FIXED COSTS, VARIABLE COSTS, and semi-variable COSTS. in the CONTEXT of investments, the TOTAL AMOUNT spent on a particular INVESTMENT, including the PRICE of the investment itself, plus COMMISSIONS, FEES other TRANSACTION COSTS, and TAXES.

TOTAL COST

VARIABLE COST

FIXED COST UNITS The total economic cost of production and is made up of variable costs, which vary according to the quantity of a good produced and include inputs such as labor and raw materials, plus fixed costs, which are independent of the quantity of a good produced and include inputs (capital) that cannot be varied in the short term, such as buildings and machinery. Total cost in economic includes the total opportunity cost of each factor of production as part of its fixed or variable costs

RESEARCH METHODOLOGY
Well define objective from basic for any type of research project. There should be clear cut aim for any project and this should provide an insight for the work to be carried out. Defining the objective give more accuracy for study this in turn provide tangible results.

OBJECTIVE OF TRANING
The study on working capital is aimed to achieved the following objective: 1) To evaluate organization effectiveness of in terms of financial position and performance. 2) To evaluate the profitability 3) To evaluate the short-long term solvency. 4) Relationship in various thing form unit to unit. 5) To evaluate the liquid position availability of the company. 6) How industry is useful for a common man. 7) Study about weakness, strength, opportunity, and difficulties.

RESEARCH METHODOLOGY
The research methodology can minimize the degree of uncertainty by reducing the probability of making wrong choice among available alternative choices. It involves selection of suitable decision. Therefore ,we can decided in decided in advances the method to be used in research work, which may occur in the business functioning thats may affect research discovery of new ideas for the problems under study, where greatly emphasized the design related for the purpose of the research not based on hypothesis but it exploratory investigation is done with a view to keep it flexible. The research methodology used in the present study consist of following:

1) Type of data collection, 2) Data analysis

TYPE OF DATA COLLECTION

For the research two type of data are collected: Primary data Secondary data

PRIMARY DATA for the purpose of this study is collected from company executive by mean of observation, discussion etc. THE SECONDARY DATA are collected from company records and information provided by management.

KIND OF RESEARCH
The research done by:

Analytical research: In this research the researcher has to use facts or information already
available, and analyze these to make a critical evaluation of the material.

SAMPLE DESIGN:A complete interaction and enumeration of all the Annual reports of
HYUNDAY SAMPLE DESIGN: Last 3 years financial statement

DATA ANALYSIS
THE data collected from primary and secondary source are tabulated separately in the form of table, to bringing about the accuracy for the study.

REFRENCE PERIOD
The period under the study HYUNDAI, is four accounting years from 2009-2011. The accounting years from 2009-2011 is divided into in to 12 periods. In this report accounting records have been taken on one year basic.

KEY DEFINATION WORKING CAPITAL = CURRENT ASSESTS/CURRENT LIABITIES

YEAR CURRENT ASSESTS CURRENT LIBITIES

2009 28458037 8408360

2010 34497384 12118312

2011 54829962 15063238

Working Cmpital
4 3.5 3 2.5 2 1.5 1 0.5 0 2009 2010 2011

Working Cmpital

LIQUID RATIO = LIQUID ASSESTS / CURRENT LIABITIES YEAR LIQUID ASSESTS CURRENT LIABITIES 2009
290

2010
22

2011
22

534.62

433.23

370.2

Liquid Ratio
0.6

0.5 0.4 0.3 0.2 0.1 0 2009 2010 2011 Liquid Ratio

LIQUID ASSESTS = CURRENT ASSESTS- TOTAL INVENTORY

YEAR CURRENT ASSESTS INVENTORY

2009 28458037 24851183

2010 34497384 27656924

2011 54829962 48527680

Liquid Assests
7000000 6000000 5000000 4000000
3000000

Liquid Assests

2000000 1000000
0

2009

2010

2011

CASH RATIO=CASH/CURRENT ASSESTS

YEAR CASH CURRENT ASSESTS

2009 26352552 28458037

2010 22265218 34497348

2011 30512522 54829962

Cash Ratio
1 0.8 0.6 0.4 0.2 0 2009 2010 2011 Cash Ratio

Findings
STRENGTH
A. The sales figures always increase, which is quite satisfactory. B. HYUNDAI has recovered profitability for a very small satisfactory. C. Sales of per employees are beneficial for company. D. Net profit is good indicator of HYUNDAI financial position as it increasing over per year

WEAKNESS
A. Current assets of HYUNDAI are not properly used. B. Over all the cost is increasing it means per year cost of production was increasing that is not good sign for the company. C. The liquid position of the HYUNDAI IS declining. D. The average collection period is more. E. Debtors were increasing rapidly which affects the financial position of the HYUNDAI

SUGGESTION

Lastly, I would like to conclude that 4-6 weeks training will really prove helpful to my future career as it helped me to gain corporate knowledge and provide opportunity to apply my theoretical knowledge in the practice. As we are already aware about that fact that no study can be perfect in such a short span of time, but after analyzing the company financial position. It is clear that even in recessionary period company is doing well and striving towards to active robust in near future. Hyundai is a transformer division the staff under which worked were of very cordial nature. They gave me proper guidance, when required during my training period. In fact, it was a nice experience for me which will really help me in getting into a corporate world in near future

ANY STUDYCAN NEVER BE PERFECT AND CAN BE ALWAYS A SCOPE FOR THE IMPROVEMENT IN STUDY OF SUCH A LARGE ORGANISATION IN JUST 4-6 WEEK TIME .THE BIGGEST LIMITATION factor was the limited time. These results may not be suitable for a large level. For further research the above limitation can be overcome by carrying out research on the wider basic. This will help in providing more precise information and large area for the analysis, which can benefit the major financial decisions. On the basic of study of Hyundai. Following influence can be drawn regarding its financial position. The calculation may it clear that, while the firm is strong in certain area its particularly weak in certain areas.

CONCLUSION
CASH RATIO
A cash ratio is a measure of companys liquidity and how easily it can service debt and cover short term liquidity if the need arises. As a result, the cash position is less as compare to year 2009 which is bad of HYUNDAI

LIQUID ASSESTS.
The liquid position of HYUNDAI in 201 as compare to year 2009 & 2011 actively HYUNDAI stocks, bonds, and mutual funds are liquid in the sense that they are easy to sell, but the price is not guaranteed and could be less than the amount you paid to buy the asset.

BIBLIOGRAPHY
financial management- shashi. k.gupta Financial - I.M.Pandey www.google.com www.cadbury.com www.Hundai. india/gwl.com

ROYAL MOTORS GWALIOR PRIVATE LIMITED :,GWALIOR (M.P.) BALANCE SHEET AS AT 31st March 2009 Sch SOURCES OF FUNDS Shareholder's Funds: Share Capital Reserve & Surplus Loan Funds: Secured Loans Unsecured Loans Deffered Tax Liability TOTAL Rs. APPLICATION OF FUNDS Fixed Assets: Gross Block Less : Depreciation Investments Currents Assets, Loans & Advance A-Current Assets B-Loans & Advance TOTAL Rs. Less : Current Liabilities and Provisions 'G' 'F' 'E' 11353547.70 5826145.35 5527402.46 9680429.70 5190068.39 4490361.42 CURRENT YEAR (Rs.) PREVIOUS YEAR (Rs.)

'A' 'B'

3250000.00 4625883.30

3250000.00 3068374.32

'C' 'D'

21381221.13 126,509.00 29383613.43

15183331.12 1251690.00 157718.00 22911113.44

28458037.69 3806533.66 32264571.35 8408360.38 23856210.97

17718986.43 5620747.46 23339733.89 4918981.87 18420752.02

Contingent Liabilities and Notes To The Accounts TOTAL Rs.

'T' 29383613.43 22911113.44 -

ROYAL MOTORS GWALIOR PRIVATE LIMITED :,GWALIOR (M.P.) PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDING 31st MARCH 2009 Sch INCOME Sales Other Income Closing Stock TOTAL Rs. (A) EXPENDITURE 'K' Opening Stock 'L' Purchases Power , Fuel and Water Rent Paid Commiossion Paid Repairs to Building Repairs to Machinery 'M' Compensation to Employees 'N' Insurance Expenses Workmen and staff welfare Expenses Entertaiment Expenses Sales Promotion Advertisement 'O' Travelling Expenses Conveyance Expenses Telephone Expenses Festival Celebration Expenses 'P' Rates, Taxes 'Q' Auditor's Remuneration 'R' Other Expenses Total Rs.(B) Profit Before Interest, Depreciation and Taxes- C- (AB) 'S' Interest 'E' Depreciation Profit Before Tax Less : Prior Period Expenses Less : Deffered Tax Liabilities/Assets Less : Provision for Taxation Less : Fringe Benefit Tax Less : Income Tax Previous Year Less: Fringe Benefit Tax Pre.Year Profit After Tax Balance brought forward from Previous Year CURRENT YEAR (Rs.) 173,877,677.34 11,184,706.47 24,851,183.00 209,913,566.81 PREVIOUS YEAR (Rs.) 141,492,701.15 8,377,242.76 14,347,228.00 164,217,171.91

'H'

'I'
'J'

14,347,228.00 177,996,034.08 228,909.00 120,000.00 600.00 242,855.00 57,534.00 2,586,665.00 552,446.00 1,723.00 21,382.00 408,037.00 1,089,961.00 180,349.00 8,180.00 154,453.00 3,287.00 2,253,901.52 43,967.00 4,241,489.02 204,539,000.62 5,374,566.19 2,305,146.73 724,478.48 2,344,940.98 2,450.00 31,209.00 750,000.00 60,000.00 6,191.00 1,557,508.98 3,068,374.32 4,625,883.30

17,634,669.00 132,434,695.83 206,999.00 84,000.00 2,500.00 5,100.00 85,315.00 1,392,540.00 574,343.00 1,314.00 35,514.00 34,045.00 943,570.00 97,314.00 15,589.00 147,671.00 1,869.00 1,810,950.00 25,344.00 3,721,720.58 159,255,062.41 4,962,109.50 2,450,030.58 611,572.84 1,900,506.08 69,742.00 46,690.00 700,000.00 25,220.00 193,023.31 959,210.77 2,109,163.55 3,068,374.32

ROYAL MOTORS GWALIOR PRIVATE LIMITED :,GWALIOR (M.P.) BALANCE SHEET AS AT 31st March 2010

Sch

CURRENT YEAR (Rs.)

PREVIOUS YEAR (Rs.)

SOURCES OF FUNDS

Shareholder's Funds: Share Capital Reserve & Surplus 'A' 'B' 3,250,000.00 7,168,283.90 3,250,000.00 4,625,883.30

Loan Funds: Secured Loans Deffered Tax Liability TOTAL Rs. APPLICATION OF FUNDS Fixed Assets: Gross Block Less : Depreciation Investments Currents Assets, Loans & Advance A-Current Assets B-Loans & Advance TOTAL Rs. Less : Current Liabilities and Provisions 32,603,765.99 Contingent Liabilities and Notes To The Accounts TOTAL Rs. 41,757,798.24 29,383,613.43 'S' 23,856,210.97 'F' 34,497,384.02 10,224,694.60 44,722,078.62 12,118,312.63 28,458,037.69 3,806,533.66 32,264,571.35 8,408,360.38 'E' 'D' 15,776,089.80 6,622,057.55 9,154,032.25 11,353,547.70 5,826,145.35 5,527,402.46 'C' 31,281,859.34 57,655.00 41,757,798.24 21,381,221.13 126,509.00 29,383,613.43

ROYAL MOTORS GWALIOR PRIVATE LIMITED :,GWALIOR (M.P.) PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDING 31st MARCH 2010 Sch INCOME Sales Other Income Closing Stock TOTAL Rs. (A) EXPENDITURE 'J' Opening Stock 'K' Purchases Freight Inward Power , Fuel and Water Rent Paid Commiossion Paid Repairs to Building Repairs to Machinery 'L' Compensation to Employees 'M' Insurance Expenses Workmen and staff welfare Expenses Entertaiment Expenses Sales Promotion Advertisement 'N' Travelling Expenses Conveyance Expenses Telephone Expenses Festival Celebration Expenses 'O' Rates, Taxes 'P' Auditor's Remuneration 'Q' Other Expenses Total Rs.(B) Profit Before Interest, Depreciation and Taxes- C- (A-B) 'R' Interest 'D' Depreciation Profit Before Tax Less : Prior Period Expenses Less : Deffered Tax Liabilities/Assets Less : Provision for Taxation Less : Fringe Benefit Tax Less : Income Tax Previous Year Less: Fringe Benefit Tax Pre.Year Profit After Tax Balance brought forward from Previous Year CURRENT YEAR (Rs.) 249,354,841.37 14,604,801.76 27,656,924.00 291,616,567.13 PREVIOUS YEAR (Rs.) 173,877,677.34 11,184,706.47 24,851,183.00 209,913,566.81

'G'

'H'
'I'

24,851,183.00 245,720,690.22 33,340.00 206,070.00 240,000.00 1,189.00 15,304.00 54,943.00 3,584,593.00 556,428.00 5,558.00 24,815.00 581,258.00 1,188,497.00 183,512.88 17,830.00 165,403.00 19,028.00 2,314,339.00 27,575.00 4,634,588.08 284,426,144.18 7,190,422.95 2,456,601.38 993,293.81 3,740,527.76 68,854.00 1,300,000.00 31,516.84 1,502.00 2,542,400.60 4,625,883.30 7,168,283.90

14,347,228.00 177,996,034.08 228,909.00 120,000.00 600.00 242,855.00 57,534.00 2,586,665.00 552,446.00 1,723.00 21,382.00 408,037.00 1,089,961.00 180,349.00 8,180.00 154,453.00 3,287.00 2,253,901.52 43,967.00 4,241,489.02 204,539,000.62 5,374,566.19 2,305,146.73 724,478.48 2,344,940.98 2,450.00 31,209.00 750,000.00 60,000.00 6,191.00 1,557,508.98 3,068,374.32 4,625,883.30

ROYAL MOTORS GWALIOR PRIVATE LIMITED, GWALIOR (M.P.)

BALANCE SHEET AS AT 31st MARCH, 2011

Sch SOURCES OF FUNDS Shareholder's Funds: Share Capital Reserve & Surplus Loan Funds: Secured Loans Unsecure Loans Deffered Tax Liability 'C' 'D' 'A' 'B'

CURRENT YEAR (Rs.)

PREVIOUS YEAR (Rs.)

3,250,000.00 9,086,614.26

3,250,000.00 7,168,283.90

44,645,746.49

31,281,859.34

8,739,117.00
62,055.00

57,655.00

Total Rs. APPLICATION OF FUNDS Fixed Assets: Gross Block Less : Depreciation Investments Currents Assets, Loans & Advance A-Current Assets B-Loans & Advance Less : Current Liabilities and Provisions 'G' 'F' 'E'

65,783,532.75

41,757,798.24

23,789,791.96 7,532,265.96 16,257,526.00 -

15,776,089.80 6,622,057.55 9,154,032.25 -

54,829,962.27 9,759,282.77 64,589,245.04 15,063,238.29 49,526,006.75

34,497,384.02 10,224,694.60 44,722,078.62 12,118,312.63 32,603,765.99

Contingent Liabilities and Notes To The Accounts

'T'

Total Rs.

65,783,532.75

41,757,798.24

ROYAL MOTORS GWALIOR PRIVATE LIMITED, GWALIOR (M.P.)

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDING 31st MARCH 2012 Sch INCOME Sales Other Income Closing Stock Total Rs. EXPENDITURE 'K' Opening Stock 'L' Purchases Freight Inward Power , Fuel and Water Rent Paid Commiossion Paid Repairs to Building Repairs to Machinery 'M' Compensation to Employees 'N' Insurance Expenses Workmen and staff welfare Expenses Entertaiment Expenses Sales Promotion Advertisement 'O' Travelling Expenses Conveyance Expenses Telephone Expenses Festival Celebration Expenses 'P' Rates, Taxes 'Q' Auditor's Remuneration 'R' Other Expenses Total Rs. Profit Before Interest, Depreciation and Taxes- C- (A-B) 'S' Interest 'E' Depreciation Profit Before Tax Less : Provision for Taxation Deffered Tax Liabilities/Assets Income Tax Previous Year Fringe Benefit Tax Pre.Year Profit After Tax Balance brought forward from Previous Year CURRENT YEAR (Rs.) 324517052.37 17207831.72 52475627.00 394200511.09 PREVIOUS YEAR (Rs.) 274308513.55 15623832.24 48517680.00 338450025.79

'H'

'I'
'J'

48517680.00 315732162.57 102521 215812 657418 2752 115638 115014.00 3423721 562825 5838 42715 1342663 1027612 375747 102541 247863 26531 2867012 35715 7831767 383350547.57 10849963.52 4753061.17 1173847.07 4923055.28 1160000 28000 59321 3675824.28 9086614.26 12762438.54

27656924.00 285850701.99 92461 206045 600000 2400 95188 125024.64 3473839 560613 5754 35577 1057912.85 950795 291553.25 89932 201034 21731 2695972 27575 6225518.88 330267951.61 8182074.18 4341041.42 1036733.40 2804299.36 840000 4400 41569

1918330.36 7168283.90 9086614.26

ROYAL MOTORS GWALIOR PRIVATE LIMITED, GWALIOR (M.P.)

PROFIT AND LOSS ACCOUNT FOR THE YEAR ENDING 31st MARCH 2011 Sch INCOME Sales Other Income Closing Stock Total Rs. EXPENDITURE 'K' Opening Stock 'L' Purchases Freight Inward Power , Fuel and Water Rent Paid Commiossion Paid Repairs to Building Repairs to Machinery 'M' Compensation to Employees 'N' Insurance Expenses Workmen and staff welfare Expenses Entertaiment Expenses Sales Promotion Advertisement 'O' Travelling Expenses Conveyance Expenses Telephone Expenses Festival Celebration Expenses 'P' Rates, Taxes 'Q' Auditor's Remuneration 'R' Other Expenses Total Rs. Profit Before Interest, Depreciation and Taxes- C- (A-B) 'S' Interest 'E' Depreciation Profit Before Tax Less : Provision for Taxation Deffered Tax Liabilities/Assets Income Tax Previous Year Fringe Benefit Tax Pre.Year Profit After Tax Balance brought forward from Previous Year CURRENT YEAR (Rs.) 274,308,513.55 15,623,832.24 48,517,680.00 338,450,025.79 PREVIOUS YEAR (Rs.) 249,354,841.37 14,604,801.76 27,656,924.00 291,616,567.13

'H'

'I'
'J'

27,656,924.00 285,850,701.99 92,461.00 206,845.00 600,000.00 2,400.00 95,188.00 125,024.64 3,473,839.00 560,613.00 5,754.00 35,577.00 1,057,912.85 950,795.00 291,553.25 89,932.00 201,634.00 21,731.00 2,695,972.00 27,575.00 6,225,518.88 330,267,951.61 8,182,074.18 4,341,041.42 1,036,733.40 2,804,299.36 840,000.00 4,400.00 41,569.00 1,918,330.36 7,168,283.90 9,086,614.26

24,851,183.00 245,720,690.22 33,340.00 206,070.00 240,000.00 1,189.00 15,304.00 54,943.00 3,584,593.00 556,428.00 5,558.00 24,815.00 581,258.00 1,188,497.00 183,512.88 17,830.00 165,403.00 19,028.00 2,314,339.00 27,575.00 4,634,588.08 284,426,144.18 7,190,422.95 2,456,601.38 993,293.81 3,740,527.76 1,300,000.00 68,854.00 31,516.84 1,502.00 2,542,400.60 4,625,883.30 7,168,283.90

ROYAL MOTORS GWALIOR PRIVATE LIMITED, GWALIOR (M.P.)

BALANCE SHEET AS AT 31st MARCH, 2012

Sch SOURCES OF FUNDS Shareholder's Funds: Share Capital Reserve & Surplus Loan Funds: Secured Loans Unsecure Loans Deffered Tax Liability Total Rs. APPLICATION OF FUNDS Fixed Assets: Gross Block Less : Depreciation Investments Currents Assets, Loans & Advance A-Current Assets B-Loans & Advance Less : Current Liabilities and Provisions 'G' 'F' 'E'

CURRENT YEAR (Rs.)

PREVIOUS YEAR (Rs.)

'A' 'B'

3,250,000 1146524.78

3,250,000 9086614.26

'C' 'D'

56715338.37

44645746.49

15432132
67122 76611117.15

8739117
62055 65783532.75

31726154.22 1173847.07 30552307.15 -

23789791.96 7532265.96 1625.7526.00 -

66783218 7102231 27826639 46058810

54829962.27 9759282.77 64589245.04 15063238.29 49526006.75

Contingent Liabilities and Notes To The Accounts Total Rs.

'T'

26611117.15

65783532.75

A Summer Training Report on

WORKING CAPITAL

SUBMITTED IN PARTIAL FULFILLMENT OF THE REQUIREMENT OF MASTERS IN BUSINESS ASMINISTRATION (MBA)

Submitted To:
JIWAJI UNIVERSITY

Submitted By:
Swati Paliya
M.B.A. III Sem.

SESSION 2011-2013 INSTITUTE OF TECHNOLOGY AND MANAGEMENT

DECLARATION

Swati Paliya , student of master of business administration (M.B.A. FINANCE) here declare that all information and facts mentioned in this report are actually on my own experience and study with executive of the HYUNDAI Gwalior.

Date:.. Place: GWALIOR SWATI PALIYA MBA (III semester)

PREFACE

In the concluding part of my M.B.A. programme it is an excellent opportunity for me to do a project study on WORKING CAPITAL in HYUNDAI. A management student gain both theoretical and practical knowledge. The theoretical and practical ideas cannot be learned an isolation. There has to be practical application of these to understand how they can be applicable in the field of management. The project work helps the student to develop his skills to analysis the problem and to suggest alternative solution to evaluate them and to provide feasible recommendation. The project work provide work provide expose to student to face live situation and also the experience to work with outsider. HOPE, this work done over a period of 45 days will go a long way in contributing to the objective of HYUNDAI. For placing the right product at right time and at the right place.

ACKNOWLEGEMENT
I thanks, further to MR. J.L. SHARMA (DIRECTOR, HYUNDAI.), for this cooperation during this period

I also like thank specially, all staff members for this guidance and support during the completion of the report.

Last but no least, thanks to my sincere our teacher, parents and friends which directly helped us to bring this project into the final shapes.

SUBMITTED BY: Date: Place: Swati Paliya MBA III Sem.

CONTENT
PARTICULARS 1. COMPANY PROFILE 2. THEORETICAL ASPECT OF WORKING CAPITAL 3. PRACTICLE ASPECT OF WORKING CAPITAL 4. RESEACH METHODOLOGY 5. DATA ANALUSIS 6. FINDINGS 7. CONCLUSION 8. SUGGESTIONS 9. BIBLOGRAPHY 10. ANNEXURE PAGE NO. 169172024 25 26 28 29-

PROFILE OF
Royal Motors Gwalior Private Limited

Name of the group Name Head Office Date of Registration Registration No. Status TIN PAN Address of of Business Place Head Office Director

Royal Group of Companies M/s Royal Motors Gwalior Pvt.Ltd. Naka Chandravadni, Jhansi Road, Gwalior 21.12.1988 13915 Private Limited 23955304567 AACCR4787N Naka Chandravadni, Jhansi Road, Gwalior Naka Chandravadni, Jhansi Road, Gwalior Shri Hari Kant Samadhiya Shri Viajy Kant Samadhiya Shri J.L. Sharma

Franchises Name

Hyundai Motors India Ltd

Introduction:
Said company established on date 21.12.1999 and running in Trading of Hyundai Cars and their work shop at Naka Chandravadni, Jhansi Road, Gwalior