Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Crompton Greaves Ltd.<br />
Consolidated Profit and Loss Account<br />
for the year ended 31st March, <strong>2004</strong><br />
Schedule <strong>2003</strong>-04 2002-03<br />
Rs Crores Rs Crores<br />
INCOME<br />
Gross Sales 189462 175750<br />
Less: Excise Duty 15552 14460<br />
Net Sales 173910 161290<br />
Other In<strong>com</strong>e 16 3110 1485<br />
177020<br />
162775<br />
EXPENDITURE<br />
Materials 17 121786 109571<br />
Staff and Welfare 18 14270 14222<br />
Manufacturing, Selling and Administration 19 21710 21424<br />
Interest and Commitment Charges 3890 6513<br />
Depreciation 7 4528 4626<br />
Miscellaneous Expenditure Amortised / Charged 1864 2981<br />
(Refer Note 8)<br />
168048<br />
159337<br />
Profit Before Exceptional Items And Tax 8972 3438<br />
Exceptional Items (Net) (Refer Note 17) 583 312<br />
Profit Before Tax 9555 3750<br />
Provision For Taxation<br />
Current Tax -828 -190<br />
Deferred Tax 6 -1141 -881<br />
Profit After Tax 7586 2679<br />
Taxation Adjustment of Earlier Years -002 000<br />
Transfer to Doubtful Debts Reserve -524 -343<br />
Interim Dividend -1571 000<br />
Final Dividend -2095 000<br />
Corporate Tax on Dividend -469 -005<br />
2925<br />
2331<br />
Minority Interest -027 -012<br />
Profit / Loss (-) After Tax and Minority Interest 2898 2319<br />
Share of Profit / Loss (-) of Associate Companies -567 -379<br />
Balance Carried To Balance Sheet 2331 1940<br />
Earnings Per Share (Basic and Diluted)<br />
- Excluding Exceptional Items Rs 1223 377<br />
- Including Exceptional Items Rs 1335 437<br />
Significant Accounting Policies<br />
[A]<br />
Notes on Accounts<br />
[B]<br />
The Schedules referred to above and the Notes<br />
attached, form an integral part of the Accounts<br />
Mumbai, 26th May, <strong>2004</strong> Mumbai, 26th May, <strong>2004</strong><br />
As per our report attached<br />
SHARP & TANNAN B R Jaju S M Trehan<br />
Chartered Accountants Chief Financial Officer Managing Director<br />
L Vaidyanathan W Henriques K K Nohria<br />
Partner Secretary Chairman<br />
Membership no 16368<br />
93
Change language