Shopper's Stop Limited - Securities and Exchange Board of India

SHOPPERS' STOP LIMITED
ANNEXURE XII ( b ) :CONSOLIDATED SUMMARY STATEMENT OF PROFITS AND
LOSSES
(Rupees in millions)
INCOME
201
For the year ended 31 March
2004 2003
Gross Retail Turnover 4,254
- Own Merchandise ( including concession sales)
- Consignment Merchandise
Gross Retail Sales
Less: Cost of Consignment Merchandise
Other Retail Operating Income
3,210
953
4,163
708
3,455
70
3,209
2,685
441
3,126
291
2,835
3,525 2,891
Other Income
21 27
Increase in Inventories
120 111
3,666 3,029
EXPENDITURE
Purchases (for own merchandise including
concession sales)
2,284 2,010
Staff Costs 242
190
Administration Expenses 584
468
Selling and Distribution Expenses 296
172
Depreciation 101
89
Interest and Finance Charges 41
32
3,548 2,961
Net Profit before tax 118 68
Provision for tax- Current
Net Profit after Tax
10 -
as per Audited Accounts 108 68
Minority Interest (in Crossword) (6) (11)
Net Profit for the year
Accumulated Losses from previous year
114 79
(243) (322)
Balance carried to Summary of Assets and
Liabilities
56
(129) (243)
Significant Accounting Policies and Notes to the Consolidated Summary Statement [See
Annexure XII (d)]