Annual Report 2008-2009 - Bharat Petroleum

SCHEDULE ‘N’ – SALE OF PRODUCTS
Rs. Crores
2007-08
Rs. Crores
Sales 128,609.48 112,540.13
Subsidy on LPG (Domestic) & SKO (PDS)
566.21 554.44
(As per the existing scheme of the Government of India)
Oil Marketing Companies GOI Special Bonds (refer Note 2 of Schedule ‘X’-B) 16,216.38 8,589.50
Total 145,392.07 121,684.07
SCHEDULE ‘O’ – MISCELLANEOUS INCOME
Rs. Crores
2007-08
Rs. Crores
Interest on bank deposits and others * 160.13 48.02
Tax deducted at source – Rs. 21.47 crores (previous year Rs. 6.92 crores)
Income from Investments
Current
Interest on Oil Marketing Companies GOI Special Bonds 422.96 454.67
Long Term
Interest 108.35 0.66
Dividend
from subsidiaries 90.71 113.39
from others 27.84 21.82
Income from AOP (Petroleum India International) 1.24 1.32
651.10 591.86
Profit on sale of Long-term Investments – 155.97
Write back of liabilities no longer required (net) 17.58 –
Reversal of provision for doubtful debts and advances – 1.71
Foreign Exchange fluctuations (net) – 254.74
Other income # 679.93 343.12
Tax deducted at source – Rs. 6.24 crores (previous year Rs. 4.54 crores)
Total 1,508.74 1,395.42
* Includes interest received from Income Tax authorities Rs. 10.85 crores (previous year Rs. Nil).
# Includes amortisation of capital grants Rs 0.09 crores (previous year Rs 0.09 crores).
SCHEDULE ‘P’ – INCREASE/(DECREASE) IN INVENTORY
31/03/2008
Value of closing stock of
Finished goods 4,631.30 6,126.78
Stock in process 485.52 565.92
Rs. Crores
2007-08
Rs. Crores
5,116.82 6,692.70
Less:
Value of opening stock of
Finished goods 6,126.78 6,606.20
Stock in process 565.92 479.00
6,692.70 7,085.20
Total (1,575.88) (392.50)
Annual Report 2008-2009 97