Consolidated Assets Summary

Maruti Suzuki Ltd.

Currency: Rs. Million (Non-Annualised)
Gross fixed assets
Cumulative depreciation
Arrears of depreciation
Net fixed assets
Intangible assets
Land
Buildings
Plant & machinery, computers and electrical assets
Transport & communication equipment and infrastructure
Furniture, social amenities and other fixed assets
Capital work-in-progress

Mar-06
12 mths

Mar-07
12 mths

Mar-08
12 mths

50,137.00
32,789.00

62,102.00
35,106.00

73,561.00
40,168.00

17,348.00

26,996.00

33,393.00

1,868.00
2,131.00
12,905.00
274
170

1,867.00
3,511.00
21,121.00
305
192

1,867.00
4,585.00
26,296.00
396
249

3,143.00

2,534.00

7,746.00

21,147.00
1,805.00

35,146.00
2,291.00

52,649.00
3,580.00

19,340.00

32,854.00

49,069.00

Net lease reserve adjustment

Net pre-operative exp pending allocation
Investments
Investment in equity shares
Investment in preference shares
Investment in mutual funds
Investment in debt instruments
Investment in approved securites
Investment in assisted companies
Investment in others
Less: provn. for dimin. in value of investments
Market value of quoted investments
Deferred tax assets
Current assets
Cash & bank balance
Inventories
Receivables
Assets held for sale and transfer
Loans & advances
Miscellaneous expenses not written off
Total assets

10,946.00
1,223.00

1,110.00

998

36,204.00
19,874.00
8,894.00
7,436.00

31,931.00
14,374.00
7,123.00
10,434.00

24,388.00
3,901.00
10,483.00
10,004.00

6,364.00

7,007.00

7,703.00

85,429.00 104,724.00 126,877.00

Mar-09
12 mths

Mar-10
12 mths

12 mths

89,041.00 106,085.00
46,878.00 54,372.00
42,163.00

Mar-11

119,526.00
62,808.00

1,867.00
5,576.00
33,940.00
403
377

51,713.00
159
7,513.00
6,236.00
36,971.00
366
468

56,718.00
457
10,876.00
6,428.00
37,976.00
441
540

8,674.00

3,922.00

14,987.00

32,772.00
4,205.00

73,968.00
4,973.00

54,392.00
5,710.00

28,567.00

68,991.00

41,681.00
7,000.00

28,567.00

68,991.00

6,271.00

821

972

870

46,412.00
19,868.00
9,213.00
17,331.00

28,107.00
1,627.00
12,276.00
14,204.00

53,506.00
25,281.00
14,384.00
13,841.00

9,993.00

11,154.00

11,398.00

140,835.00 169,836.00

191,871.00

Consolidated Liabilities Summary

Maruti Suzuki Ltd.
Currency: Rs. Million (Non-Annualised)
Shareholder's funds

Mar-06
12 mths

Mar-07
12 mths

Mar-08
12 mths

55,730.00

70,065.00

86,271.00

1,445.00

1,445.00

1,445.00

95
54,285.00
49,850.00
4,435.00

68,620.00
64,243.00
4,377.00

84,826.00
80,549.00
4,277.00

Borrowings
Bank borrowings
Short term bank borrowings
Long term bank borrowings
Secured financial institutions borrowings
Central & state govt. (usually sales tax deferrals)
Debentures and bonds
Convertible debentures
Non-convertible
Fixed deposits
Foreign borrowings
External commercial borrowings
Of which : euro convertible bonds
Foreign suppliers' credit
Borrowings from corporate bodies
Group and associate cos.
Borrowings from promoters and directors
Commercial paper
Hire purchase loans
Interest accrued and due
Deferred credit
Other borrowings

7,642.00
963
963

6,705.00
233
233

12,985.00
7,589.00
7,589.00

700

400

700

400

5,690.00

5,673.00

5,002.00
5,002.00

289

397

393

Deferred tax liability

2,033.00

2,822.00

2,742.00

Share capital
Paid up equity capital
Forfeited equity capital
Paid up preference capital
Capital contribution, suspense & appln. money
Convertible warrants
Minority interest reserves
Reserves and funds
Free reserves
Specific reserves
Revaluation reserves
Accumulated losses

Current liabilities & provisions

Sundry creditors
Acceptances
Deposits & advances from customers,etc.
Interest accrued but not due
Share application money and advances oversubscribed and refundable amount
Other current liabilities
Provisions

19,929.00
6,351.00

25,132.00
9,256.00

24,879.00
17,080.00

2,699.00
205

2,252.00
243

2,180.00
96

6,008.00
4,666.00

8,726.00
4,655.00

2,093.00
3,430.00

Total liabilities

85,429.00 104,724.00 126,877.00

Contingent liabilities

19,942.00

18,311.00

29,261.00

1,550.00
1,445.00

3,720.00
1,445.00

3,720.00
1,445.00

Memorandum
Authorised equity capital
Issued equity capital

Mar-09
12 mths

Mar-10
12 mths

12 mths

95,653.00 121,826.00

1,445.00

Mar-11

143,088.00

1,445.00

1,445.00

94,208.00 120,381.00
91,640.00 115,866.00
2,568.00
4,515.00

141,643.00
137,172.00
4,471.00

8,133.00
1,205.00
1,205.00

9,730.00
4,690.00
4,690.00

5,761.00
1,532.00
1,532.00

6,328.00
6,328.00

4,199.00
4,199.00

2,781.00
2,781.00

599

841

1,448.00

2,419.00

2,433.00

2,600.00

34,630.00
25,972.00

35,847.00
23,461.00

40,422.00
29,531.00

3,315.00
27

4,386.00
43

3,059.00
9

1,761.00
3,555.00

1,724.00
6,233.00

2,647.00
5,176.00

140,835.00 169,836.00

191,871.00

22,749.00

41,395.00

66,149.40

3,720.00
1,445.00

3,720.00
1,445.00

3,720.00
1,445.00

Maruti Suzuki Ltd.

Mar-06

Mar-07

Currency: Rs. Million (Non-Annualised)

Total income
Sales
Industrial sales
Income from non-financial services
Income from financial services
Interest income
Dividends
Income from treasury operations
Other income
Prior period and extra-ordinary income
Change in stock

12 mths

Total expenses
Operating expenses
Raw materials, stores & spares
Purchase of finished goods
Packaging and packing expenses
Power, fuel & water charges
Compensation to employees
Indirect taxes
Royalties, technical know-how fees, etc.
Rent & lease rent
Repairs & maintenance
Insurance premium paid
Outsourced manufacturing jobs
Outsourced professional jobs
Directors' fees
Selling & distribution expenses
Travel expenses
Communications expenses
Printing & stationery expenses
Miscellaneous expenditure
Other operational exp. of industrial ent
Other operational exp. of non-fin. services ent
Share of loss in other enterprises
Financial charges
Fee based financial services expenses
Fund based financial services expenses
Interest paid
Financial charges on instruments
Total provisions

144,678.00 161,169.00 205,568.00

135,540.00 150,943.00 191,321.00
89,675.00 102,471.00 131,786.00
4,644.00
6,159.00
7,771.00

Non-cash charges

12 mths

Mar-08
12 mths

154,209.00 179,220.00 219,513.00

151,252.00 174,580.00 212,212.00
140,118.00 162,892.00 200,709.00
11,134.00 11,688.00 11,503.00
1,889.00
3,026.00
4,264.00
1,069.00
1,109.00
1,393.00
720.00
1,528.00
1,668.00
100.00
389.00
1,203.00
942.00
1,155.00
2,167.00
126.00
459.00
870.00
2,360.00 -2,431.00
3,363.00

794.00
2,287.00
27,375.00
2,544.00
61.00
589.00
63.00

1,336.00
2,927.00
25,101.00
3,673.00
65.00
438.00
65.00

2,047.00
3,626.00
31,569.00
4,952.00
72.00
552.00
73.00

6.20

6.60

7.80

3,560.00

4,999.00

5,602.00

1,849.80

2,930.40

3,055.20
208

2,092.00

772.00

604.00

470.00

596.00

604.00
204.00

470.00
376.00

596.00
596.00

10
2,695.00

26.00
2,574.00

5,879.00

Depreciation
Amortisation
Prior period and extra-ordinary expenses
Provision for direct tax

2,854.00

2,714.00

5,682.00

220
5,609.00

129
7,053.00

113
7,633.00

Profit after tax

11,891.00

15,620.00

17,308.00

PBDITA
PBDTA
PBT

20,558.00
20,354.00
17,500.00

25,763.00
25,387.00
22,673.00

31,219.00
30,623.00
24,941.00

Mar-09
12 mths

Mar-10
12 mths

Mar-11
12 mths

243,019.00 331,273.00 420,107.00

234,337.00 322,336.00 409,653.00
220,075.00 302,797.00 385,520.00
14,262.00 19,539.00 24,133.00
5,386.00
4,998.00
5,665.00
1,809.00
2,147.00
1,723.00
1,440.00
1,560.00
2,111.00
2,137.00
1,291.00
1,831.00
2,290.00
3,410.00
4,240.00
1,006.00
529.00
549.00
-3,566.00
2,009.00
732.00
227,266.00 308,306.00 397,953.00
213,620.00 289,270.00 380,475.00
153,296.00 218,173.00 277,322.00
7,256.00
9,050.00 12,782.00
2,845.00
4,409.00
26,846.00
6,791.00
218.00
569.00
66.00

3,421.00
4,914.00
29,024.00
10,168.00
155.00
657.00
70.00

3,553.00
6,273.00
43,913.00
18,925.00
155.00
848.00
78.00

11.60

10.70

9.70

7,382.00

9,160.00

9,600.00

3,700.40
230

4,251.30
216

6,591.30
425

2,352.00

515.00

303.00

2,352.00
510.00

515.00
335.00

303.00
244.00

47.00

7.00

6,551.00

7,468.00

8,894.00

7,065.00

8,250.00

10,135.00

125
4,571.00

97
10,949.00

79
8,202.00

12,187.00

24,976.00

22,886.00

24,333.00
23,823.00
16,758.00

44,510.00
44,175.00
35,925.00

41,467.00
41,223.00
31,088.00

Ratios
2006

Liquidity Ratio
Current Ratio = current asset / current liability
Current asset
Current liability
Ratio

36,204.00
19,929.00
1.816649104

Quick Ratio = quick assets/ current liability

Quick asset
current liability
Ratio

27,310.00
19,929.00
1.370364795

Absolute Quick Ratio= absolute quick assets/ current liability

Absolute quick assets
Current liability
Ratio

19,874.00
19,929.00
0.997240203

Capital Structure Ratios

Debt equity ratio= long term debts / shareholders fund
Long Term Debts
Share holders fund
Ratio

7,090.00
55,730.00
0.127220528

Proprietary Ratio= Net Worth/ Total asset

Net Worth
Total Asset
Ratio

55,730.00
85,429.00
0.652354587

Capital Gearing Ratio=Fixed Dividend +Fixed Int/ shareholders fund

Fixed Dividend funds
Fixed Interest funds
Shareholders Fund
Ratio

0
16,320.00
55,730.00
0.292840481

Fixed asset ratio= Fixed Asset/Capital Employed

Fixed asset

17,348.00

Capital Employed
Ratio

62,820.00
0.276154091

Interest Coverage Ratio= PBIT/Fixed Interest

PBIT
Fixed Interest
Ratio

17,704.00
204.00
86.78431373

Dividend Coverage ratio= PAT/ Preference Dividend

PAT
Preference Dividend
Ratio

11,891.00
0
0

Turnover Ratios
Inventory Turnover Ratio= COGS/Average Stock
COGS
Average stock
Ratio

133,548.00
8,894.00
15.01551608

Debtors Turnover Ratio= Net Credit Sales / Average Debtors

Net Credit Sales
Average Debtors
Ratio

151,252.00
7,436.00
20.34050565

Creditors Turnover Ratio= Net Credit Purchase/ Average Creditors

Net Credit Purchase
Average Creditors
Ratio

94,319.00
6,351.00
14.85104708

Fixed Asset turnover Ratio= Net Sales / Fixed Asset

Net Sales
Fixed Asset
Ratio

151,252.00
17,348.00
8.718699562

Total Asset turnover ratio= Sales/ Total Asset

Sales
Total asset
Ratio

151,252.00
85,429.00
1.770499479

Profitability Ratios
Gross Profit Ratio= Gross Profit/Net Sales
Gross Profit Ratio
Net Sales

17,704.00
151,252.00

Ratio

0.117049692

Net Profit Ratio = Net Profit/ Net sales

Net Profit
Net Sales
Ratio

11,891.00
151,252.00
0.078617142

Operating Profit Ratio= Operating Profit/Net Sales

Operating Profit
Net Sales
Ratio

17,704.00
151,252.00
0.117049692

Operating Cost Ratio= Operating Cost/ Net SALES

Operating Cost
Net Sales
Ratio

139,100.0
151,252.00
0.919657261

Return on capital employed= PBIT/ Capital Employed

PBIT
Capital Employed
Ratio

17,704.00
62,820.00
0.281821076

Return on net worth=PAT /Net worth

PAT
Net Worth
Ratio

11,891.00
55,730.00
0.213368024

Return on Equity= PAT- Preference Dividend/Equity Shareholders Fund

PAT - Preference Dividend
Equity Shareholders Fund
Ratio

11,891.00
55,730.00
0.213368024

Return on Total Asset= PAT/ Total Asset

PAT
Total Asset
Ratio

11,891.00
85,429.00
0.139191609

EPS = PAT - Preference Dividend/ No of Shares

PAT - Preference Dividend
No of shares
Ratio

11,891.00
144.5
82.29065744

DPS = Dividend paid / No of Shares

Dividend Paid
No of Shares
Ratio

720.00
144.5
4.982698962

Dividend Payout Ratio= DPS/EPS

DPS
EPS
Ratio

4.982698962
82.29065744
0.060549996

Book Value of share = Net worth/ No of shares

Net worth
No of shares
Ratio

55,730.00
144.5
385.6747405

2007

2008

2009

2010

2011

31,931.00 24,388.00 46,412.00 28,107.00

53,506.00
25,132.00 24,879.00 34,630.00 35,847.00
40,422.00
1.270531593 0.9802645 1.3402252 0.7840823 1.323685122

24,808.00 13,905.00 37,199.00 15,831.00

39,122.00
25,132.00 24,879.00 34,630.00 35,847.00
40,422.00
0.987108069 0.5589051 1.0741842 0.4416269 0.967839295

14,374.00
3,901.00 19,868.00
1,627.00
25,281.00
25,132.00 24,879.00 34,630.00 35,847.00
40,422.00
0.571940156 0.1567989 0.5737222 0.0453873 0.625426748

6,475.00
5,003.00
6,329.00
4,199.00
2,781.00
70,065.00 86,271.00 95,653.00 121,826.00
143,088.00
0.092414187 0.0579917 0.0661662 0.0344672 0.019435592

70,065.00 86,271.00 95,653.00 121,826.00

143,088.00
104,724.00 126,877.00 140,835.00 169,836.00
191,871.00
0.669044345 0.6799578 0.6791849 0.7173155 0.745751051

0
0
0
0
0
15,027.00 20,560.00 18,375.00 19,156.00
13,049.00
70,065.00 86,271.00 95,653.00 121,826.00
143,088.00
0.214472276 0.2383188 0.1921006 0.1572407 0.091195628

26,996.00

33,393.00

42,163.00

51,713.00

56,718.00

76,540.00 91,274.00 101,982.00 126,025.00

145,869.00
0.352704468 0.3658545 0.4134357 0.4103392 0.388828332

23,049.00 25,537.00 17,268.00 36,260.00

31,332.00
376.00
596.00
510.00
335.00
244.00
61.30053191 42.847315 33.858824 108.23881 128.4098361

15,620.00
0
0

17,308.00
0
0

12,187.00
0
0

24,976.00
0
0

22,886.00
0
0

151,531.00 186,675.00 217,069.00 286,076.00

378,321.00
8008.5
8803
9848
10744.5
13330
18.92127115 21.205839 22.041937 26.625343 28.38117029

174,580.00 212,212.00 234,337.00 322,336.00

409,653.00
8935
10219
13667.5
15767.5
14022.5
19.538892 20.766416 17.145564 20.443063 29.21397754

108,630.00 139,557.00 160,552.00 227,223.00

290,104.00
7803.5
13168
21526
24716.5
26496
13.92067662 10.598193 7.4585153 9.1931706 10.94897343

174,580.00 212,212.00 234,337.00 322,336.00

409,653.00
26,996.00 33,393.00 42,163.00 51,713.00
56,718.00
6.466883983 6.3549846 5.5578825 6.2331715 7.222627737

174,580.00 212,212.00 234,337.00 322,336.00

409,653.00
104,724.00 126,877.00 140,835.00 169,836.00
191,871.00
1.667048623 1.6725805 1.6639117 1.8979251 2.135043858

23,049.00 25,537.00 17,268.00 36,260.00

174,580.00 212,212.00 234,337.00 322,336.00

31,332.00
409,653.00

0.132025432 0.1203372 0.0736887 0.1124913 0.076484244

15,620.00 17,308.00 12,187.00 24,976.00

22,886.00
174,580.00 212,212.00 234,337.00 322,336.00
409,653.00
0.089471875 0.0815599 0.0520063 0.0774844 0.055866795

23,049.00 25,537.00 17,268.00 36,260.00

31,332.00
174,580.00 212,212.00 234,337.00 322,336.00
409,653.00
0.132025432 0.1203372 0.0736887 0.1124913 0.076484244

155,942.0 196,923.0 221,002.0 298,430.0

390,075.0
174,580.00 212,212.00 234,337.00 322,336.00
409,653.00
0.893240921 0.9279541 0.9430948 0.9258352 0.952208332

23,049.00 25,537.00 17,268.00 36,260.00

31,332.00
76,540.00 91,274.00 101,982.00 126,025.00
145,869.00
0.301136661 0.2797839 0.169324 0.2877207 0.214795467

15,620.00 17,308.00 12,187.00 24,976.00

22,886.00
70,065.00 86,271.00 95,653.00 121,826.00
143,088.00
0.222935845 0.2006236 0.1274084 0.2050137 0.159943531

15,620.00 17,308.00 12,187.00 24,976.00

22,886.00
70,065.00 86,271.00 95,653.00 121,826.00
143,088.00
0.222935845 0.2006236 0.1274084 0.2050137 0.159943531

15,620.00 17,308.00 12,187.00 24,976.00

22,886.00
104,724.00 126,877.00 140,835.00 169,836.00
191,871.00
0.149153967 0.1364156 0.0865339 0.1470595 0.119278057

15,620.00 17,308.00
144.5
144.5
108.0968858 119.77855

12,187.00 24,976.00
22,886.00
144.5
144.5
144.5
84.3391 172.84429 158.3806228

1,528.00
1,668.00
1,440.00
1,560.00
2,111.00
144.5
144.5
144.5
144.5
144.5
10.57439446 11.543253 9.9653979 10.795848 14.60899654

10.57439446 11.543253 9.9653979 10.795848 14.60899654

108.0968858 119.77855
84.3391 172.84429 158.3806228
0.097823303 0.0963716 0.1181587
0.06246 0.092239797

70,065.00 86,271.00 95,653.00 121,826.00

143,088.00
144.5
144.5
144.5
144.5
144.5
484.8788927 597.03114 661.95848 843.08651 990.2283737

LEVERAGE
2006

2007

2008

2009

Degree of Operating Leverage (DOL)

Change in EBIT/ Change in Sales
EBIT
Change in EBIT
Sales
Change in sales
DOL

23,049.00
25,537.00
17,268.00
0.301909173 0.107943946 -0.323804676
151,252.00
174,580.00
212,212.00
234,337.00
0.154232671 0.215557338 0.104258949
1.957491694 0.500766741 -3.10577346

Degree of Financial Leverage (DFL)

EPS
Change in EPS
EBIT
Change in EBIT
DFL

82.290657 108.0968858
0.31359852
17,704.00
23,049.00
0.301909173
1.038718091

Degree of Combined Leverage

DOL * DFL

17,704.00

119.7785467 84.33910035
0.108066581 -0.29587474
25,537.00
17,268.00
0.107943946 -0.323804676
1.001136106 0.913744496

2.033282036 0.501335666 -2.837883405

2010

2011

36,260.00
31,332.00
1.09983785 -0.135907336
322,336.00
409,653.00
0.375523285 0.270888142
2.92881399 -0.501710171

172.8442907 158.3806228
1.049396898 -0.083680333
36,260.00
31,332.00
1.09983785 -0.135907336
0.954137829 0.615716087

2.794492221 -0.308911024

Consolidated Liabilities Summary

Maruti Suzuki India Ltd.
Currency: Rs. Million (Non-Annualised)
Shareholder's funds
Share capital
Paid up equity capital
Forfeited equity capital
Paid up preference capital
Capital contribution, suspense & appln. money
Convertible warrants
Minority interest reserves
Reserves and funds
Free reserves
Specific reserves
Revaluation reserves
Accumulated losses
Borrowings
Bank borrowings
Short term bank borrowings
Long term bank borrowings
Secured financial institutions borrowings
Central & state govt. (usually sales tax deferrals)
Debentures and bonds
Convertible debentures
Non-convertible
Fixed deposits
Foreign borrowings
External commercial borrowings
Of which : euro convertible bonds
Foreign suppliers' credit
Borrowings from corporate bodies
Group and associate cos.
Borrowings from promoters and directors
Commercial paper
Hire purchase loans
Interest accrued and due
Deferred credit
Other borrowings

Mar-06
Mar-07
Mar-08
Mar-09
12 mths 12 mths
12 mths
12 mths
55,730.00

70,065.00

86,271.00

95,653.00

1,445.00

1,445.00

1,445.00

1,445.00

95
54,285.00
49,850.00
4,435.00

68,620.00
64,243.00
4,377.00

84,826.00
80,549.00
4,277.00

94,208.00
91,640.00
2,568.00

7,642.00
963
963

6,705.00
233
233

12,985.00
7,589.00
7,589.00

8,133.00
1,205.00
1,205.00

700

400

700

400

5,690.00

5,673.00

5,002.00
5,002.00

6,328.00
6,328.00

289

397

393

599

2,033.00

2,822.00

2,742.00

2,419.00

19,929.00
6,351.00

25,132.00
9,256.00

24,879.00
17,080.00

34,630.00
25,972.00

Deferred tax liability

Current liabilities & provisions
Sundry creditors
Acceptances

Deposits & advances from customers,etc.

Interest accrued but not due
Share application money and advances oversubscribed and refundable amount
Other current liabilities
Provisions

2,699.00
205

2,252.00
243

2,180.00
96

3,315.00
27

6,008.00
4,666.00

8,726.00
4,655.00

2,093.00
3,430.00

1,761.00
3,555.00

Total liabilities
85,429.00 104,724.00 126,877.00 140,835.00
Contingent liabilities
Memorandum
Authorised equity capital
Issued equity capital

19,942.00

18,311.00

29,261.00

22,749.00

1,550.00
1,445.00

3,720.00
1,445.00

3,720.00
1,445.00

3,720.00
1,445.00

Mar-10
Mar-11 Growth in 2007 Growth in 2008 Growth in 2009 Growth in 2010
12 mths
12 mths
121,826.00 143,088.00

1,445.00

1,445.00

120,381.00 141,643.00
115,866.00 137,172.00
4,515.00
4,471.00

9,730.00
4,690.00
4,690.00

5,761.00
1,532.00
1,532.00

4,199.00
4,199.00

2,781.00
2,781.00

841

1,448.00

2,433.00

2,600.00

35,847.00
23,461.00

40,422.00
29,531.00

14,335.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-95.00
14,335.00
14,393.00
-58.00
0.00
0.00
0.00
-937.00
-730.00
-730.00
0.00
0.00
0.00
-300.00
0.00
-300.00
0.00
-17.00
0.00
0.00
0.00
2.00
0.00
0.00
0.00
0.00
0.00
0.00
108.00
0.00
789.00
0.00
5,203.00
2,905.00

16,206.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
16,206.00
16,306.00
-100.00
0.00
0.00
0.00
6,280.00
7,356.00
7,356.00
0.00
0.00
0.00
-400.00
0.00
-400.00
0.00
-671.00
5,002.00
0.00
0.00
-1.00
0.00
0.00
0.00
0.00
0.00
0.00
-4.00
0.00
-80.00
0.00
-253.00
7,824.00

9,382.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
9,382.00
11,091.00
-1,709.00
0.00
0.00
0.00
-4,852.00
-6,384.00
-6,384.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,326.00
1,326.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
206.00
0.00
-323.00
0.00
9,751.00
8,892.00

26,173.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
26,173.00
24,226.00
1,947.00
0.00
0.00
0.00
1,597.00
3,485.00
3,485.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-2,129.00
-2,129.00
0.00
0.00
-1.00
0.00
0.00
0.00
0.00
0.00
0.00
242.00
0.00
14.00
0.00
1,217.00
-2,511.00

4,386.00
43

3,059.00
9

1,724.00
6,233.00

2,647.00
5,176.00

169,836.00 191,871.00
41,395.00

66,149.40

3,720.00
1,445.00

3,720.00
1,445.00

EFR

0.00
-447.00
38.00
0.00
0.00
2,718.00
-11.00
0.00
19,295.00
0.00
-1,631.00
0.00
2,170.00
0.00

85153.6

0.00
-72.00
-147.00
0.00
0.00
-6,633.00
-1,225.00
0.00
22,153.00
0.00
10,950.00
0.00
0.00
0.00

0.00
1,135.00
-69.00
0.00
0.00
-332.00
125.00
0.00
13,958.00
0.00
-6,512.00
0.00
0.00
0.00

0.00
1,071.00
16.00
0.00
0.00
-37.00
2,678.00
0.00
29,001.00
0.00
18,646.00
0.00
0.00
0.00

Growth in 2011 Average

21,262.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
21,262.00
21,306.00
-44.00
0.00
0.00
0.00
-3,969.00
-3,158.00
-3,158.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-1,418.00
-1,418.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
607.00
0.00
167.00
0.00
4,575.00
6,070.00

87,358.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
-95.00
87,358.00
87,322.00
36.00
0.00
0.00
0.00
-1,881.00
569.00
569.00
0.00
0.00
0.00
-700.00
0.00
-700.00
0.00
-2,909.00
2,781.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,159.00
0.00
567.00
0.00
20,493.00
23,180.00

0.00
0.00
-1,327.00
360.00
-34.00
-196.00
0.00
0.00
0.00
0.00
923.00 -3,361.00
-1,057.00
510.00
0.00
0.00
22,035.00 106,442.00
0.00
0.00
24,754.40 46,207.40
0.00
0.00
0.00
2,170.00
0.00
0.00

Consolidated Assets Summary

Maruti Suzuki India Ltd.
Currency: Rs. Million (Non-Annualised)

Mar-06
Mar-07
Mar-08
12 mths 12 mths
12 mths

Gross fixed assets

Cumulative depreciation

50,137.00
32,789.00

62,102.00
35,106.00

73,561.00
40,168.00

Net fixed assets

Intangible assets
Land
Buildings
Plant & machinery, computers and electrical assets
Transport & communication equipment and infrastructure
Furniture, social amenities and other fixed assets

17,348.00

26,996.00

33,393.00

1,868.00
2,131.00
12,905.00
274
170

1,867.00
3,511.00
21,121.00
305
192

1,867.00
4,585.00
26,296.00
396
249

3,143.00

2,534.00

7,746.00

21,147.00
1,805.00

35,146.00
2,291.00

52,649.00
3,580.00

19,340.00

32,854.00

49,069.00

Capital work-in-progress
Net lease reserve adjustment
Net pre-operative exp pending allocation
Investments
Investment in equity shares
Investment in preference shares
Investment in mutual funds
Investment in debt instruments

Investment in others
Less: provn. for dimin. in value of investments
Market value of quoted investments
Deferred tax assets
Current assets
Cash & bank balance
Inventories
Receivables
Assets held for sale and transfer
Loans & advances
Miscellaneous expenses not written off
Total assets

10,946.00
1,223.00

1,110.00

998

36,204.00
19,874.00
8,894.00
7,436.00

31,931.00
14,374.00
7,123.00
10,434.00

24,388.00
3,901.00
10,483.00
10,004.00

6,364.00

7,007.00

7,703.00

85,429.00 104,724.00 126,877.00

Mar-09
Mar-10
Mar-11 Growth in 2007 Growth in 2008 Growth in 2009 Growth in 2010
12 mths
12 mths
12 mths
89,041.00 106,085.00 119,526.00
46,878.00 54,372.00 62,808.00
42,163.00

11,965.00
2,317.00

11,459.00
5,062.00

15,480.00
6,710.00

17,044.00
7,494.00

1,867.00
5,576.00
33,940.00
403
377

51,713.00
159
7,513.00
6,236.00
36,971.00
366
468

56,718.00
457
10,876.00
6,428.00
37,976.00
441
540

9,648.00
0.00
-1.00
1,380.00
8,216.00
31.00
22.00

6,397.00
0.00
0.00
1,074.00
5,175.00
91.00
57.00

8,770.00
0.00
0.00
991.00
7,644.00
7.00
128.00

9,550.00
159.00
5,646.00
660.00
3,031.00
-37.00
91.00

8,674.00

3,922.00

14,987.00

-609.00

5,212.00

928.00

-4,752.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

0.00

13,999.00
486.00
0.00
13,514.00
0.00

17,503.00
1,289.00
0.00
16,215.00
0.00

-19,877.00
625.00
0.00
-20,502.00
0.00

41,196.00
768.00
0.00
40,424.00
0.00

32,772.00
4,205.00

73,968.00
4,973.00

54,392.00
5,710.00

28,567.00

68,991.00

41,681.00
7,000.00

-1.00
0.00

-1.00
0.00

0.00
0.00

4.00
0.00

28,567.00

68,991.00

6,271.00

0.00

10,946.00

17,621.00

40,424.00

821

972

870

-113.00

-112.00

-177.00

151.00

46,412.00
19,868.00
9,213.00
17,331.00

28,107.00
1,627.00
12,276.00
14,204.00

53,506.00
25,281.00
14,384.00
13,841.00

-4,273.00
-5,500.00
-1,771.00
2,998.00
0.00

-7,543.00
-10,473.00
3,360.00
-430.00
0.00

22,024.00
15,967.00
-1,270.00
7,327.00
0.00

-18,305.00
-18,241.00
3,063.00
-3,127.00
0.00

9,993.00

11,154.00

11,398.00

643.00
0.00

696.00
0.00

2,290.00
0.00

1,161.00
0.00

140,835.00 169,836.00 191,871.00

19,295.00

22,153.00

13,958.00

29,001.00

Growth in 2011 Average

13,441.00 13877.8
8,436.00 6003.8
5,005.00
298.00
3,363.00
192.00
1,005.00
75.00
72.00

7874
91.4
1801.6
859.4
5014.2
33.4
74

11,065.00

2368.8

0.00

0.00

-19,576.00
737.00
0.00
-27,310.00
7,000.00

6649
781
0
4468.2
1400

-3.00
0.00

-0.2
0

-62,720.00

1254.2

-102.00

-70.6

25,399.00
23,654.00
2,108.00
-363.00
0.00

3460.4
1081.4
1098
1281
0

244.00
0.00

1006.8
0

22,035.00 21288.4