PROFIT AND LOSS ACCOUNT AS 31st MARCH 2011/2010 SUNDARAM CLAYTON Income Sales(Gross) Turnover Less: Excise Duty

Net Sales Other Income Stock Adjustments Total Income Expenditure Raw Materials Power & Fuel Cost Employee Cost Other Manufacturing Expenses COGS Gross Profit Selling and Administration Expenses Miscellaneous Expenses Less: Pre-operative Expenses Capitalised Operating Expenses Total Expenditure

2011

2010

2012

7849.23 5481.66 11239 619.55 305.66 1255.8 7229.68 5176 9983.6 193.72 250.62 149.74 175.17 -2.48 12373 7598.57 5424.14 -2239 5296.7 128.66 506.97 210.97 6143.3 1086.38 682.03 289.32 0 971.35 7114.65 3500.48 94.37 400.34 167.95 4163.14 1012.86 614.69 347.35 0 962.04 5134.49 8014.6 175.41 642 265.01 9097 886.55 756.75 240.98 0 997.73 10068 12308 88.267 12396 179.94 12576 220.04 0 -15.44 204.6 12781 149.74 5E-06 12781 12930

Operating Profit Interest Gross Profit-cl Depreciation Profit Before Tax Tax Fringe Benefit tax Deferred Tax Total Taxes

483.92 120.85 363.07 180.98 182.09 82.43 0 -23.29 59.14 122.95 193.72 -0.02 122.97 -70.77

289.65 165.46 124.19 182.03 -57.84 30.88 0 -35.14 -4.26 -53.58 250.62 82.54 -136.12 -304.2

PAT Reported Net Profit

Other Income Extraordinary Items Adjusted Net Profit Adjusted Net Profit for Other Income

P & L Balance brought forward (profit accumltd till before yr) Total PAT Accumulated from previous years till the end of this year How PAT is distributed? Appropriations Appropriations Dividend Balance of Appropriations
Appropriation to General Reserve Dividend Tax

-180.09 -57.12 85.61 31.94 53.67 38.63 11.1 49.73 -166.39 9.71 12.6622

-257.91 -394.03 82.54 13.72 68.82 58.18 6.83 65.01 -180.09

-125.8 12906 88.794 74.356 14.438 25.649 18.04 43.689 -153.7

P & L Balance carried down Earnings Per Share-Unit Curr EPS = PAT/N [N=Number of ordinary shareholders] So, N= PAT/EPS

3.26 28.922 -16.436 -441.9

balance sheet of Amek Motors & Sundram Clayton as on 31 march 2011 (AVG) Application of Funds Or Assets SHAREHOLDERS FUNDS Share Capital Reserves Total Total Shareholders Funds LOANS and BORROWINGS Secured Loans Unsecured Loans Total Debt Total Long Term Liabilities Current Liabilities and Provisions Current Liabilities Provisions Deferred Tax Liability Total Current Liabilities 2012
53.900766 FIXED ASSETS 4938.5594 Gross Block 4713.8725 Less : Accumulated Depreciation 1467.9037 2473.1393

2012
4516.233 1005.139 3500.546 49.22834 1641.505

Net Block (Net Fixed Assets) Capital Work in Progress Investments

3932.0831 Total Fixed Assets 8630.5836

4956

452.23704 28.016535 480.25074

Current Assets, Loans & Advances Inventories Sundry Debtors Cash and Bank Loans and Advances Deferred Tax Assets Total Current Assets

622.833 560.2749 1036.491 1970.453 4187.424

9109.17

9109

Data from PL & BS 2011

Sales Excise duty Selling & Distribution Expns Power and Fuel Employee Cost Manufacturing Expns Total Manufacturing Cost Purchase of RM Misc Expns (Gen Admin Cost) Op bal of RM Cl bal of RM Op bal of FG Cl bal of FG Op bal of WIP Cl bal of WIP Op bal of debtors Cl bal of debtors Op bal of creditors Cl bal of creditors Interest Financial Cost 7229.68 619.55 682.03 128.66 506.97 210.97 846.6 5350.82 289.32 154.82 242.77 148.32 301.57 45.38 68.05 342.57 426.5 808.25 1164.45 120.85

Gross Operating Cycle =

RM Storage Period
Annual Consumption of RM Opening Balance Purchase Closing Balance Annual Consumption (Op + Pur - Cl) Daily Consumption of RM Avg Stock of RM (Op+Cl)/2 RM Storage Period = Avg Stock/Avg Daily Consumption

-20.09

Days

154.82 5350.82 242.77 5262.87 14.42 198.80

13.79

Days

Avg Conversion of WIP

Cost of Production Op bal WIP+Consumption of RM+Total Manufacturing Cost-Cl bal WIP Avg daily cost of production Avg Stock of WIP (Op+Cl)/2 Avg Conversion Period of WIP = Avg stock WIP/Avg daily cost of production

6086.80 16.68 56.72 3.40 Days

FG Storage Period
Annual Cost of Sales Op bal FG+CoP+Excise Duty+ Selling & Dist Expns + General Admin Cost + Financial Cost - Cl bal of FG Avg daily cost of sales Avg Stock of FG (Op+Cl)/2 FG Storage Period = Avg stock FG/Avg daily cost of sales

7645.30
21.24 224.95 10.59 Days

Number of cycles Fund Requirement:Cost of Sales/cycles

-18 -421

Avg Collection Period

Annual Credit Sales Avg daily credit sales Avg bal of Debtors (Op+Cl)/2 Avg Collection Period (Avg bal Debtors/Avg daily credit sales) 7229.68 19.81 384.54 19.41 5350.82 14.66 986.35 67.28 Days Days

Avg Payment Period

Annual Credit Purchase Avg daily credit purchase Avg bal of Creditors (Op+Cl)/2 Avg Payment Period (Avg bal Crdtr/Avg daily credit purchase)