FINANCE - PROFIT AND LOSS - Tata Chemicals Ltd (Curr: Rs in Cr.

) As on 04/02/2011
COMPANY/FINANCE/PROFIT AND LOSS/552/Tata Chemicals¤CmbDetail»0¤CmbCommonsize»0¤CmbAnnual»0
201003 (12) 200903 (12) 200803 (12) 200703 (12) 200603 (12)
INCOME :
Sales Turnover 5512.54 8536.6 4207.13 4107.08 3638.23
Sales turnover / Operating Income 5512.54 8536.13 4201.17 4097.66 3603.14
Job Work & Service Income 0 0.47 5.96 9.42 35.09
Pool Account Adjustment 0 0 0 0 0
Other Operating Divisions / Income 0 0 0 0 0
Discount Received 0 0 0 0 0
Excise Duty 100.28 174.51 170.45 160.41 140.3
Net Sales 5412.26 8362.09 4036.68 3946.67 3497.93
Other Income 258.53 186.81 676.75 203.18 127.8
Export Incentives 0 0 0 0 0
Import Entitlements 0 0 0 0 0
Dividend Income 81.29 80.12 85.01 90.58 51.95
Interest Income 11.93 36.87 29.26 41.23 53.11
Interest on Applicaiton Money 0 0 0 0 0
Profit on sale of Fixed Assets 0 0 0 0 0
Profit on sale of investments 94.51 0.81 487.47 3.21 4.23
Profit on buy-back of share 0 0 0 0 0
Profit on buy-back of debenture 0 0 0 0 0
Profit on premature redemption 0 0 0 0 0
Rent received 0 0 0 0 0
Lease Rent / Hire Charges received 0 0 0 0 0
Gain on Cancell. of Forward Contr/forex trans 0 0 35.69 25.01 1.11
Sale of Scrap 0 0 0 0 0
Compensation / Reimbursement Income 0 0 0 0 0
Refunds / Claims Received 5.85 0.22 4.81 4.87 0.07
Income from Subsidiaries 0 0 0 0 0
Fee Income 0 0 0 0 0
Income from Guarantee Commission 0 0 0 0 0
Income from Underwriting Commission 0 0 0 0 0
Other commission Income 0 0 0 0 0
Income from Leasing Operations 0 0 0 0 0
Income from Hire Purchase Operations 0 0 0 0 0
Income from Merchant Banking Operations 0 0 0 0 0
Income from Bill Discounting 0 0 0 0 0
Income from Investment Activities 0 0 0 0 0
Income from Money Market Operations 0 0 0 0 0
Profit on inter scheme transfer / sale of invest 0 0 0 0 0
Sale of Power 0 0 0 0 0
Wheeling Charges received 0 0 0 0 0
Provision Written Back 21.24 52.41 18.24 20.7 2.77
Miscellaneous Income 43.71 16.38 16.27 17.58 14.56
Stock Adjustments -171.17 95.54 25.71 -8.17 87.44
Closing Stock Of WIP 14.48 25.81 15.16 0.37 0.68
Closing Stock of Finished Goods 162.34 322.18 237.29 226.37 234.23
Closing Stock of Other Materials 0 0 0 0 0
Opening Stock of WIP 25.81 15.16 0.37 0.68 3.68
Opening Stock of Finished Goods 322.18 237.29 226.37 234.23 143.79
Opening Stock of Other Materials 0 0 0 0 0
Adjustment on amalgamation / trial runs 0 0 0 0 0

Total Income 5499.62 8644.44 4739.14 4141.68 3713.17

EXPENDITURE :
Raw Materials 2784 5529.23 1954.12 1999.75 1853.48
Opening Stock of Raw Materials 510.76 313.44 196.8 241.6 243.83
Purchases of Raw Material 1899.06 3671.48 1766.41 1564.45 1393.55
Purchase of Trading Goods 702.86 2055.07 304.35 390.5 457.7
Direct Expense on Purchase/Adjustment 0 0 0 0 0
Closing Stock of Raw Materials 328.68 510.76 313.44 196.8 241.6
Adjustment on amalgamation / trial runs 0 0 0 0 0
Power & Fuel Cost 430.14 609.52 479.66 392.24 320.83
Power, Oil & Fuel 430.14 609.52 479.66 392.24 320.83
Electricity Expenses 0 0 0 0 0
Water Charges 0 0 0 0 0
Employee Cost 204.66 199.02 169.73 148.98 126.56
Salaries,Wages & Bonus 150.28 148.04 132.53 113.61 93.28
Contribution to funds 14.39 10.32 13.3 17.74 13.84
Staff Welfare Expenses 39.99 40.66 23.9 17.63 14.75
VRS compensation 0 0 0 0 4.69
Gratuity Paid 0 0 0 0 0
Other Employee Cost 0 0 0 0 0
Other Manufacturing Expenses 253.13 267.68 221.01 221.17 233.68
Freight Inwards & Transport charges 0 0 0 0 0
Packing Materials 157.45 151.09 123.36 118.11 107.56
Job Work / Contract / Processing Charges 0 0 0 0 0
Drilling Operation Charges 0 0 0 0 0
Stores Consumed 56.19 67.62 54.03 62.6 85.3
Repairs 39.49 48.97 43.62 40.46 40.82
Repairs - Plant & machinery 33.38 40.73 38.74 36.39 37.39
Repairs - Building 3.73 6.55 3.9 3.09 2.59
Repairs - Others 2.38 1.69 0.98 0.98 0.84
Technical fees paid 0 0 0 0 0
Wheeling charges payable 0 0 0 0 0
Project / Production Charges 0 0 0 0 0
Own Film Production Expense 0 0 0 0 0
Handling, Clearing Charges 0 0 0 0 0
Coupon Sales, Food, Beverages 0 0 0 0 0
License Fee / Operation Charges 0 0 0 0 0
Other Operating Expenses 0 0 0 0 0
Selling and Administration Expenses 564.2 513.6 424.82 406.34 376.8
Rent,Rates and Taxes paid 23.57 30.13 33.66 16.8 13.74
Wealth Tax 0 0 0 0 0
Cess 0 0 0 0 0
Others 23.57 30.13 33.66 16.8 13.74
Sales Tax 0 0 0 0 0
Lease Rent / Hire Charges paid 0 0.66 3.02 3.01 2.96
Insurance 6.06 7.67 10.11 11.51 10.25
Discount paid 0 0 0 0 0
Advertisement 61.47 54.44 46.86 36.72 44.01
Marketing Expenses 0 0 0 0 0
Commssion expenses on sales 84.04 69.8 50.55 51.1 66.79
Distribution Expenses 369.05 332.66 274.8 274.26 225.39
Other Selling Expenses 0 0 0 0 0
Legal Expenses 0 0 0 0 0
Communication Expenses 0 0 0 0 0
Travel Expenses 0 0 0 0 0
Audit Expenses 2.46 2.43 2.14 1.47 1.22
Printing and Stationery 0 0 0 0 0
Royalty and technical fees 0 0 0 8.93 5.93
Other Fee Expenses 0 0 0 0 0
Director's Remuneration 6.22 4.24 3.68 2.54 2.2
Other Commission paid 0 0 0 0 0
R & D Expenses 11.33 11.57 0 0 4.31
Other Administrative Expenses 0 0 0 0 0
Miscellaneous Expenses 282.44 513.12 146.06 144.49 116.42
Donations 4.75 1.57 2.38 1.3 2.13
Loss on Sale of Assets 18.18 4.57 3.23 4.66 4.84
Loss on Sale of Investments 0 23.35 9.46 0 0
Loss on revaluation of investments 0 0 0 0 0
Loss on forex transactions 130.76 266.49 0 17.05 16.05
Loss on buy-back of share 0 0 0 0 0
Loss on buy-back of debenture 0 0 0 0 0
Bad Debts written off 0 0 0 0 0
Expenses Ammortised 0 0 3.17 3.89 0
Provision for doubtful loan/ Deposit/ Advances 0 1.76 0.09 0 0
Provision for Contingency 0 0 0 0 0
Other provisions and write offs 0.56 -0.65 0 0 0
Provision/Impairment of Assets 0 0 0 0 0
Other Miscellaneous Expenses 128.19 160.17 127.73 116.7 93.4
Provision for dimunition in value of investment 0 55.86 0 0.89 0
Less: Pre-operative Expenses Capitalised 0 2.26 0.14 0.09 1.23
Raw Material 0 0 0 0 0
Operating Expenses 0 0 0 0 0
Administrative & Selling Expenses 0 0 0 0 0
Employees Cost 0 0 0 0 0
Others 0 2.26 0.14 0.09 1.23

Total Expenditure 4518.57 7629.91 3395.26 3312.88 3026.54

Operating Profit 981.05 1014.53 1343.88 828.8 686.63

Interest 205.73 191.23 38.02 44.61 36.83
Debenture Interest 172.1 131.97 8.24 12.8 0
Fixed Interest 0 0 0 0 12.12
Interest on Deposits 0 0 0 0 0
Interest on External Commercial Borrowings 0 0 0 0 0
Other Interest 17.61 13.27 12.26 29.93 24.71
Financial Charges 16.02 45.99 17.52 1.88 0
Premium on redemption of debentures 0 0 0 0 0
Less : Interest Capitalised 0 0 0 0 0
Gross Profit 775.32 823.3 1305.86 784.19 649.8
Depreciation 187.19 163.03 148.76 150.35 138.93
Depreciation for the current year 187.19 163.03 148.76 150.35 138.93
Less : On Revalued Assets 0 0 0 0 0
Lease Adjustment 0 0 0 0 0
Other Adjustment 0 0 0 0 0
Profit Before Tax 588.13 660.27 1157.1 633.84 510.87
Tax 181.35 255.83 217.61 210.76 182.75
Tax for the current year 181.35 255.83 217.61 210.76 182.75
Adjustment for Previous Year 0 0 0 0 0
Others 0 0 0 0 0
Fringe Benefit tax 0 1.47 3.3 5.05 5.52
Fringe Benefit Tax for Current Year 0 2.62 3.3 5.05 5.52
Adjustment for Previous Year 0 -1.15 0 0 0
Others 0 0 0 0 0
Deferred Tax -28 -49.08 -12.99 -26.18 -30.43
Deferred Tax for Current Year -28 -49.08 -12.99 -26.18 -30.43
Adjustment for Previous Year 0 0 0 0 0
Others 0 0 0 0 0
Reported Net Profit 434.78 452.05 949.18 444.21 353.03
Extraordinary Items -22.1 -53.65 386.64 15.73 -0.39
Profit/(Loss) on Sale of Assets -18.18 -4.57 -3.23 -4.66 -4.84
Profit/(Loss) on Sale of Investment. 94.51 -22.54 478.01 3.21 4.23
Income/(Expenses) of prior years 0 0 0 0 0
Gain / (loss) on foreign exchange transactions -108.28 -92.32 1.41 0 0
Depreciation written back/(Not provided) 0 0 0 0 0
(Depreciation on Revaluation of Assets) 0 0 0 0 0
VRS Adjustment 0 0 0 0 0
Miscellaneous Income/Expense 0 31.84 0 25.01 0
Less : Tax on Extra Ordinary Income/Expense 9.85 33.94 89.55 7.83 0.22
Less : Deferred Tax on Extra Ordinary Income/Exp. 0 0 0 0 0

Adjusted Net Profit 456.88 505.7 562.54 428.48 353.42

Adjst. below Net Profit 0 0 0 0 0

Depreciation provided /[Written back] 0 0 0 0 0
Prior Year Expenses / (Income) 0 0 0 0 0
VRS compensation 0 0 0 0 0
Short/(Excess) provision for tax 0 0 0 0 0
Other adjustments 0 0 0 0 0
P & L Balance brought forward 1733.32 1574.1 967.07 769.19 623.85
Statutory Appropriations 0 0 0 0 0
Appropriations 298.77 292.83 342.15 246.33 207.69
Appropriation to Capital Redemption Reserve 0 0 0 0 0
Appropriation to Debenture Redemption Reserve 0 0 0 0 0
Appropriation to General Reserve 43.48 45.21 95 45 36
Appropriation to Investment Allowance Reserve 0 0 0 0 0
Appropriation to Other Reserves 0 0 0 0 0
Prior Year Dividend Paid 0 0 0 0 0
Provision for Equity Dividend 218.93 211.65 211.25 172.08 150.57
Provision for Preference Dividend 0 0 0 0 0
Dividend Tax 36.36 35.97 35.9 29.25 21.12
INTERIM DIVIDEND PAID 0 0 0 0 0
P & L Balance carried down 1869.33 1733.32 1574.1 967.07 769.19

Dividend 218.93 211.65 211.25 172.08 150.57

Preference Dividend 0 0 0 0 0
Equity Dividend % 90 90 90 80 70
Earnings Per Share-Unit Curr 16.37 17.69 39.02 19.29 15.43
Earnings Per Share(Adj)-Unit Curr 16.37 17.69 39.02 19.29 15.43
Book Value-Unit Curr 176.02 164.06 152.6 111.21 100.75