Asian Paints

Profit & Loss account

Income
Sales Turnover
Excise Duty
Net Sales
Other Income

Previous
Years
------------------ in Rs. Cr.
-----------------Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

12 mths

12 mths

12 mths

12 mths

12 mths

7,244.59

5,794.09

5,042.40

4,092.36

3,389.79

638.57

426.37

532.28

496.83

436.42

6,606.02

5,367.72

4,510.12

3,595.53

2,953.37

72.38

150.61

23.86

52.29

34.38

157.54

130.83

0.61

33.9

71.5

Total Income

6,835.94

5,649.16

4,534.59

3,681.72

3,059.25

Expenditure
Raw Materials

3,812.47

2,966.23

2,641.09

2,003.37

1,733.28

Stock Adjustments

Power & Fuel Cost

65.98

47.03

45.78

35.86

33.3

302.34

262.73

239.77

195.54

155.6

61.46

52.3

40.45

39.26

31.53

1,331.85

1,119.89

939.16

771.66

620.77

28.19

17.41

10.55

14.25

14.11

5,602.29

4,465.59

3,916.80

3,059.94

2,588.59

Mar '11

Mar '10

Mar '09

Mar '08

Mar '07

12 mths

12 mths

12 mths

12 mths

12 mths

Operating Profit

1,161.27

1,032.96

593.93

569.49

436.28

PBDIT

1,233.65

1,183.57

617.79

621.78

470.66

Employee Cost
Other Manufacturing
Expenses
Selling and Admin Expenses
Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses

Interest
PBDT
Depreciation

16.34

19.1

15.91

13.46

15.34

1,217.31

1,164.47

601.88

608.32

455.32

94.48

60.74

57.15

43.77

45.42

Other Written Off

Profit Before Tax

1,122.83

1,103.73

544.73

564.55

409.9

4.22

7.23

3.6

-2.69

2.12

1,127.05

1,110.96

548.33

561.86

412.02

351.9

336.46

185.97

186.66

139.99

Reported Net Profit

775.15

774.5

362.36

375.2

272.05

Total Value Addition

1,789.82

1,499.36

1,275.71

1,056.57

855.31

Preference Dividend

306.94

258.98

167.86

163.06

124.7

Extra-ordinary items
PBT (Post Extra-ord Items)
Tax

Equity Dividend

Corporate Dividend Tax

50.11

43.33

28.53

27.72

17.77

Per share data (annualised)

Shares in issue (lakhs)

959.2

959.2

959.2

959.2

959.2

Earning Per Share (Rs)

80.81

80.74

37.78

39.12

28.36

320

270

175

170

130

205.93

162.35

114.1

96.8

77.57

Equity Dividend (%)

Book Value (Rs)

Asian Paints
Balance Sheet

Previous Years
------------------- in Rs. Cr. ------------------Mar '11

Mar '10

Mar '09

Mar '08

12 mths

12 mths

12 mths

12 mths

Sources Of Funds
Total Share Capital

95.92

95.92

95.92

95.92

Equity Share Capital

95.92

95.92

95.92

95.92

Share Application Money

Preference Share Capital
Reserves
Revaluation Reserves
Networth
Secured Loans
Unsecured Loans
Total Debt
Total Liabilities

Application Of Funds
Gross Block
Less: Accum. Depreciation

1,879.40

1,461.30

998.55

832.58

1,975.32

1,557.22

1,094.47

928.5

23.43

25.59

24.59

36.7

40.7

40.7

40.7

40.7

64.13

66.29

65.29

77.4

2,039.45

1,623.51

1,159.76

1,005.90

Mar '11

Mar '10

Mar '09

Mar '08

12 mths

12 mths

12 mths

12 mths

1,611.22

1,194.39

1,116.93

937.89

554.03

486.93

494.02

509.06

1,057.19

707.46

622.91

428.83

67.32

380.72

164.64

136.25

Investments

1,034.76

703.69

234.77

422.88

Inventories

1,071.76

763.14

546.71

538.97

366.68

331.43

311.02

251.9

20.28

28.58

128.05

41.33

Total Current Assets

1,458.72

1,123.15

985.78

832.2

Loans and Advances

270.88

241.68

186.37

203

0.19

0.02

0.21

0.02

1,729.79

1,364.85

1,172.36

1,035.22

Net Block
Capital Work in Progress

Sundry Debtors
Cash and Bank Balance

Fixed Deposits
Total CA, Loans & Advances
Deffered Credit
Current Liabilities
Provisions

1,511.37

1,229.04

849.08

850.79

338.24

304.17

185.84

166.49

Total CL & Provisions

1,849.61

1,533.21

1,034.92

1,017.28

Net Current Assets

-119.82

-168.36

137.44

17.94

Miscellaneous Expenses
Total Assets

2,039.45

1,623.51

1,159.76

1,005.90

Contingent Liabilities

505.87

223.8

356.87

222.05

Book Value (Rs)

205.93

162.35

114.1

96.8

Mar '07
12 mths

95.92
95.92
0
0
648.16
0
744.08
66.9
40.7
107.6
851.68
Mar '07
12 mths

806.2
471.29
334.91
16.31
334.39
434.07
235.96
42.47
712.5
156.69
0.02
869.21
0
649
54.15
703.15
166.06
0
851.67
180.22
77.57

PARTICULARS
Raw materials consumed
Direct labour and direct wages
PRIME COST
Factory overheads :
Power & Fuel Cost
Other Manufacturing Expenses
Opening work in progress
Closing work in progress
WORK COST
Office and administration expenses
COST OF PRODUCTION
Opening stock of finished goods
COST OF GOODS READY FOR SALE
Closing stock of finished goods
COST OF GOODS SOLD
Selling and distributive overheads
COST OF SALES
PROFIT
SALES

AMOUNT IN CRORES
2011
3,812.47
302.34

4,114.81
65.98
61.46
380.72
67.32

4,555.65
231.72
4,787.37
763.14

5,550.51
1,071.76

4,478.75
1128.32
5,607.07
998.95
6,606.02

AMOUNT IN CRORES
2010
2,966.23
262.73

3,228.96
47.03
52.3
164.64
380.72

3,112.21
196.96
3,309.17
546.71

3,855.88
763.14

3,092.74
940.34
4,033.08
1,334.64
5,367.72