Current Ratios
CA/CL 3.82 3.49
CA/Assets 0.84 0.80
NCA/Assets 0.62 0.57
Profitability Ratios
Margin
PBDIT/Income 39.85% 40.24%
PBIT/Income 33.68% 34.30%
PAT/Income 31.03% 32.80%
Return on Investment
PBDIT/Assets 49.88% 55.04%
PBIT/Assets 42.16% 46.92%
PAT/NW 38.84% 44.86%
Total Revenue 1871 1843 1950 2013 2126 14850 1868 100.0%
Onsite revenue 1804 1782 1853 1910 2047 12600 1782 84.8%
Offshore revenue 66 85 97 104 79 2250 85 15.2%
Service Credit 25
- Onsite Revenue % 96% 95% 95% 95% 96% 85% 95%
CONTROLLABLE COSTS
CGS A
Salaries & Related Costs:
Onsite Salaries 880 723 944 968 1028 6375 723 42.9%
Offshore Salaries
GRP Allocated 0 0 0 0 0 0 0 0.0%
Offshore Salaries 36 62 47 43 28 840 62 5.7%
Other Salary Overheads 1 3 2 2 1 34 3 0.2%
Subcontractor Costs
Salaries-Onsite 38 0 38 0.0%
Salaries-Offshore 0 0 0 0.0%
Foreign Travel 17 8 17 18 19 250 8 1.7%
Incentives
Project Incentives 0 0 0 0 0 0 0 0.0%
SBU Special Incentives 0 1 0 0 0 0 1 0.0%
Data Communication Charges 0 0 0 0 0 0 0 0.0%
Legal Immigration Fees 47 36 49 50 53 333 36 2.2%
Other Professional Fees 0 0 0 0 0 0 0 0.0%
Total CGS A Cost 982 872 1060 1080 1130 7832 872 52.7%
CGS B
Data Communication Charges 1 2 2 2 1 90 2 0.6%
Medical Insurance 47 33 48 49 52 300 33 2.0%
Depreciation: CGS 26 28 28 28 26 223 28 1.5%
Others CGS 0 0 0 0.0%
Total CGS B Cost 74 63 78 79 80 613 63 4.1%
TOTAL CGS A + CGS B Costs 1056 935 1138 1159 1210 8445 935 56.9%
Gross Margin 814 908 812 854 916 6405 933 43.1%
Financial Management, Ninth Edition © I M Pandey 32
Vikas Publishing House Pvt. Ltd.
SBU PROFIT & LOSS ACCOUNT, YTD 2002
USD in '000
% of
YTD Re v.
(Rs ‘000)
19X1 19X2 Change
ASSETS
Cash 54 135 81
Debtors 6,750 8,235 1,485
Stock (inventory) 10,125 22,680 12,555
Total current assets 16,929 31,050 14,121
Fixed assets (net) 2,970 6,075 3,105
Other assets 945 1,890 945
Total Assets 20,844 39,015 18,171
LIASBILITIES & NET WORTH
Bank borrowing 3,510 8,664 5,154
Creditors 2,835 6,615 3,780
Provision for taxes 270 972 702
Accrued expenses 810 2,700 1,890
Total current liabilities 7,425 18.951 11,526
Long-tenn debt 1,944 1,404 -540
Total liabilities 9,369 20,355 10,986
Paid-up share capital 8.37 8,370
Reserves and surplus 3,105 10,290 7,185
Total Liabilities 20,844 39,015 18,171