COMPARATIVE BALANCE SHEET OF BSNL Ltd.

2008-2009 (Rs.in Lakhs)

EFFECT IN WORKING CAPITAL

PARTICULARS 31-03-2009 31-03-2008
INCREASE/DECREASE PERCENTAGE
LIABILITES
Shareholders’ funds
Capital 1250000 1250000 0 0
Reserves and Surplus 7562825 7444802 118023 1.59
Total 8812825 8694802 118023 1.59
Loan funds
Secured loan …..
Unsecured loans 338887 554366 (215479) (38.87)
Other funds 131053 124608 6445 5.17
Current liabilities
Liabilities 1739788 1667919 71869 4.31
Provisions 606321 514858 91463 17.76
Total 11628874 11556553 163332 7.48
ASSETS
Fixed assets 5736800 6056694 (319894) (5.28)
Investments 20000 20000 0 0
Deferred tax ….. …..
Current assets
Inventories 322006 242847 79159 32.60
Sundry debtors 546551 558066 (11515) (2.06)
Cash & bank balance 4055158 3745296 309862 8.27
Other current assets 137687 114148 23539 20.62
Loans &advances 744441 714431 30010 4.20
Profit & loss A/C 66231 105071 (38840) (0.97)

Total 11628874 11556553 72321 8.02

Net working capital 3460734 3192011 268723 8.42
(C.A-C.L)
INTERPRETATION:

The above table shows us the comparative balance sheet of Bharat sanchar nigam LTD in
the year 2008-2009. The capital invested in two years is equal, unsecured loans are decreased
and the current liabilities are also increased. The deferred tax assets are increased, the current
assets is increased. Provisions are in increasing rate; therefore the organization is facing loss in
the scheduled year 38840 and the percentage 0.97.

COMPARATIVE BALANCE SHEET OF BSNL

 2007-2008 (Rs.in Lakhs)
EFFECT IN WORKING CAPITAL
PARTICULARS 31-03-2008 31-03-2007
INCREASE/DECREASE PERCENTAGE
LIABILITES
Shareholders’ funds
Capital 1250000 1250000 0 0
Reserves and Surplus 7444802 6825651 619151 9.07
Total 8694802 8075651 619151 9.07
Loan funds
Secured loan
Unsecured loans 554366 728393 (174027) (23.89)
Other funds 124608 170400 (45795) (26.88)
Current liabilities
Liabilities 1667919 1612324 55595 3.45
Provisions 514858 888223 (373365) (42.04)
Total 10877586 11474991 (597405) (12.71)
ASSETS
Fixed assets 6056694 6408243 (351549) (5.49)
Investments 20000 20000 0 0
Deferred tax ….. ……
Current assets
Inventories 242847 278922 (36075) (12.93)
Sundry debtors 558066 630205 (72139) (11.45)
Cash & bank balance 3745296 3057948 687348 22.48
Other current assets 114148 63627 50521 79.40
Loans &advances 714431 923207 (208776) (22.61)
Profit &loss A/C 1608884 2593386 (984502) (37.96)

Total 10877589 11474991 (597402) 8.50

Net working capital 1009234 47185 962049 8.45
(C.A-C.L)

INTERPRETATION:
 The above table shows us the comparative balance sheet of BSNL in the year 2007-2008.
The capital is also equal that is 1250000, unsecured loans are decreased and the current liabilities
are also decreased. The current assets are decreased but the cash and sundry debtors balance is
increased. Provisions are in increasing rate; therefore the organization is facing loss in the
scheduled year 984502 and the percentage 37.96.

COMPARATIVE BALANCE SHEET OF BSNL.

 2006-2007(Rs.in Lakhs)

EFFECT IN WORKING CAPITAL

PARTICULARS 31-03-2007 31-03-2006
INCREASE/DECREASE PERCENTAGE
LIABILITES
Shareholders’ funds
Capital 1250000 1250000 0 0
Reserves and Surplus 6825651 602791 797740 13.23
Total 8075651 7277911 797740 13.23
Loan funds
Secured loan
Unsecured loans 728393 822089 (93696) (11.40)
Other funds 170400 304402 (134002) (44.02)
Current liabilities
Liabilities 1612324 1461541 150783 10.32
Provisions 888223 738616 149607 20.26
Total 11474991 10604559 870432 13.65
ASSETS
Fixed assets 6408243 6642178 (233935) (3.52)
Investments 20000 20000 0 0
Deferred tax ……
Current assets
Inventories 278922 224535 54387 24.22
Sundry debtors 630205 663703 (33498) (5.05)
Cash & bank balance 3057948 2193113 864835 39.43
Other current assets 63627 14368 49259 42.84
Loans &advances 923207 752160 171047 22.74
Profit & loss A/C 2593386 94502 (1663) 3.02

Total 11474991 10604559 1106030 28.74

Net working capital 47185 1647722 805640 6.78
(C.A-C.L)

INTERPRETATION:
 The above table shows us the comparative balance sheet of BSNL in the year 2006-2007.
The capital is 1250000, unsecured loans are decreased and the current liabilities are also
increased. The current assets are increased but the cash and other current assets balance is
increased.

COMMONSIZE BALANCE SHEET OF BSNL

FOR YEAR 2007
 PARTICULARS 31-03-2007(Rs.in lakhs) PERCENTAGE
LIABILITES
Shareholders’ funds
Capital
1250000
Reserves and Surplus 10.8
6825651
59.4
Total
8075651 70.02
Loan funds
Secured loan
Unsecured loans 728393
12.8
Other funds 170400
6.34
Current liabilities
Liabilities
1612324 8.2
Provisions
888223 3.8
Total
11474991 100

ASSETS
Fixed assets 6408243 55.8
Investments 20000 0.17

Deferred tax ……

Current assets
Inventories
278922 2.4
Sundry debtors
630205 5.4
Cash & bank balance 3057948 26.6
Other current assets 63627 0.5
Loans &advances 923207 8.04

Profit & loss A/C 2593386 0.8

11474991 100
Total

INTERPRETATION:
 The above table shows us the common size balance sheet of BSNL in the year -2007. In
this year at 100% total liabilities capital reserves and surplus 59.89% and remaining 40.11%are
the secured loan high percentage 12.70% of the loan funds and the current liabilities percentage
is 19.36%. In the case of the fixed assets constitute 8.89%, the profit &loss account percentage is
66.35%.

COMMONSIZE BALANCE SHEET OF BSNL

FOR YEAR 2008
 PARTICULARS 31-03-2008 (Rs. in lakhs) PERCENTAGE
LIABILITES
Shareholders’ funds
Capital 1250000 15.42
Reserves and Surplus 7444802 54.69
Total 8694802 70.11
Loan funds
Secured loan
Unsecured loans
554366
Other funds 11.53
124608
Current liabilities 18.35
Liabilities
1667919
Provisions 7.68
514858
Total 3.82
10877586
ASSETS 100
Fixed assets
6056694
Investments 9.75
20000
Deferred tax 0.17
…..
Current assets
Inventories
242847
Sundry debtors 9.45
558066
Cash & bank balance 1.05
3745296
Other current assets 1.03
114148
Loans &advances 0.002
714431
Profit &loss A/c 9.35
1608884
Total 79.62
10877589 100

INTERPRETATION:
 The above table shows us the common size balance sheet of BSNL in the year -2008. In
this year at 100% total liabilities capital reserves and surplus 62.37% and remaining 37.63%are
the unsecured loan high percentage 18.35% of the loan funds and the current liabilities
percentage is 11.50%. In the case of the fixed assets constitute 9.75%, the profit &loss account
percentage is 79.62%.

COMMONSIZE BALANCE SHEET OF BSNL

 FOR YEAR 2009

PARTICULARS 31-03-2009(Rs. in lakhs) PERCENTAGE

LIABILITES
Shareholders’ funds
Capital 1250000 16.04
Reserves and Surplus 7562825 56.88
Total 8812825 72.92
Loan funds
Secured loan …..
Unsecured loans 338887 8.98
Other funds 131053 18.09
Current liabilities
Liabilities 1739788 10.71
Provisions 606321 4.54
Total 11628874 100
ASSETS
Fixed assets 5736800 8.98
Investments 20000 0.17
Deferred tax …..
Current assets
Inventories 322006 8.91
Sundry debtors 546551 3.99
Cash & bank balance 4055158 6.16
Other current assets 137687 0.001
Loans &advances 744441 9.49
Profit &loss A/c 66231 76.06
Total 11628874 100
INTERPRETATION:

The above table shows us the common size balance sheet of BSNL in the year -2009. In
this year at 100% total liabilities capital reserves and surplus 72.92% and remaining 27.08%are
the unsecured loan high percentage 18.09% of the loan funds and the current liabilities
percentage is 15.25%. In the case of the fixed assets constitute 8.98%, the profit &loss account
percentage is 76.06%.

Comparative Income & Expenditure statement of BSNL in 2006-2007

 Particulars 31-3-06 31-3-07 Extent of
(Rs in lakhs (Rs in lakhs Increase/ Percentage
Decrease
Income:
Sale of product and other 1557628 1271645 (28598) 184
incomes
Expenditure:
Manufacturing and other 1345274 1133233 (212041) 1576
expenses
Depreciation/impairment 94892 33656 (61236) 10
Interest 42.13 26555 (15468) 3681
Total Expenditure 1482189 119344 (288745) 1948
Profit/loss before --- --- --- ---
extraordinary items
Extraordinary items --- --- ---- ---
Profit/Loss before taxes 75439 78201 2762 366
Provision for taxation 250 300 50 20
Provision for Fringe benefit --- 1425 1425 ---
tax
Deferred tax (11750) (3002) 8748 7445
Profit/Loss for the year 86939) 79478 (7461) 858
Provision for taxation of --- 043 43 ---
earlier year written back
Provision for bad and 199 870 671 33718
doubtful debts written back
Balance brought forward as
per the sanctioned scheme (3362771) (3275633) 87137 259
Balance Carried to Balance
sheet 3275633 (3195242) 80391 245
Basic and diluted earnings
per equity share 66 041 (25) 3787

INTERPRETATION:
The above table shows us the common size balance sheet of BHARAT SANCHAR
NIGAM LTD in the year 2006-2007 .The income is increased and the total Expenditure is also
decreased. Profit/loss for the year is increased and the balanced brought forward as per the
sanctioned scheme is the balance carried to balance is increased. The overall table is decreased
on the income.
Comparative Income & Expenditure statement of BSNL in 2007-2008
 Particulars 31-3-07 31-3-08 Extent of
(Rs in lakhs (Rs in lakhs Increase/ Percentage
Decrease
Income:
Sale of product and other 1271645 1661965 39032 3069
incomes
Expenditure:
Manufacturing and other 1133233 1480801 347568 3067
expenses
Depreciation/impairment 33656 33268 (388) 115
Interest 26555 23950 (2605) 980
Total Expenditure 1193444 1538019 344575 2887
Profit/loss before --- --- --- ---
extraordinary items
Extraordinary items --- --- --- ---
Profit/Loss before taxes 78201 123946 45745 5849
Provision for taxation 300 300 --- ---
Provision for Fringe benefit 1425 830 (595) 4175
tax
Deferred tax (3002) (6535) (3533) 11768
Profit/Loss for the year 79478 129351 49873 12
Provision for taxation of 43 46 3 698
earlier year written back
Provision for bad and 870 261 (609) 70
doubtful debts written back
Balance brought forward as
per the sanctioned scheme (3275633) (3195242) 80391 245
Balance Carried to Balance
sheet (3195242) 3065584 129658 406
Basic and diluted earnings
per equity share 41 66 25 6097

INTERPRETATION:

The above table shows us the common size balance sheet of BHARAT SANCHAR
NIGAM LTD in the year 2007-2008 .The income is increased and the total Expenditure is also
increased. Profit/loss for the year is increased and the balanced brought forward as per the
sanctioned scheme and the balance carried to balance is increased. The overall table is increased
on the income.
Comparative Income & Expenditure statement of BSNL in 2008-2009
Particulars 31-3-08 31-3-09 Extent of
(Rs in lakhs (Rs in lakhs Increase/ Percentage
Decrease
Income:
Sale of product and other 1661965 2436228 774263 4658
incomes
Expenditure:
Manufacturing and other 1480801 1613854 133314 900
expenses
Depreciation/impairment 33268 15710 (17558) 5277
Interest 23950 14725 (9225) 3851
Total Expenditure 1538019 1644489 6767 694
Profit/loss before --- --- --- ---
extraordinary items
Extraordinary items --- --- --- ---
Profit/Loss before taxes 123946 791939 667732 53759
Provision for taxation 300 300 --- ---
Provision for Fringe benefit 830 950 12 1445
tax
Deferred tax 46 --- (46) 100
Profit/Loss for the year (6535) 20846 14311 2189
Provision for taxation of 129351 769843 640185 4937
earlier year written back
Provision for bad and --- --- --- ---
doubtful debts written back
Balance brought forward as
per the sanctioned scheme (3195242) 3065584 (129658) 405
Balance Carried to Balance
sheet 3065584 2295741 (769843) 2511
Basic and diluted earnings
per equity share 66 394 328 4969

INTERPRETATION:

The above table shows us the common size balance sheet of BHARAT SANCHAR
NIGAM LTD in the year 2008-2009 .The income is increased and the total Expenditure is also
increased. Profit/loss for the year is increased and the balanced brought forward as per the
sanctioned scheme is decreased and the balance carried to balance is decreased. The overall table
is decreased on the income.
WORKING CAPITAL STATEMENT OF BSNL IN 2006-2007
 PARTICULARS 2006 2007 INCREASE DECREASE

Current assets

Inventories 224535 278922 54387

Sundry debtors 663703 630205 33498

Cash & bank balance 2193113 3057948 864835

Other current assets 252445 315986 63541

Loans & advances 752160 923207 171047

Total 4085956 5206268 1120312

Current liabilities

Liabilities 1660756 1507442 153314

Increase/decrease in 2087310
working capital

Total 2425200 3698826 2274122 2274122

INTERPRETATION:

From the above table we can easily know the position of working capital in the year
2006-2007 and it was increased to 2087310. The position of current assets in 2006 is more
compared with previous year.

WORKING CAPITAL STATEMENT OF BSNL IN 2007-2008

 PARTICULARS 2007 2008 INCREASE DECREASE

Current assets

Inventories 278,922 242,847 36075

Sundry debtors 630,205 558,066 72139

Cash & bank balance 3,057,948 3,745,296 687348

Other current assets 960271 271133 689138

Loans & advances 278,922 714,431 435509

Total 5206268 5531773 325505

Current liabilities

Liabilities 1,507,442 1,667,916 160474

Increase/decrease in 811484
working capital

Total 3,698,826 3,863,857 1608836 1608836

INTERPRETATION:

From the above table we can easily know the position of working capital in the year
2007-2008 and it was increased to 811484. The position of current assets in 2006 is more
compared with previous year.

WORKING CAPITAL STATEMENT OF BSNL IN 2008-2009

 PARTICULARS 2008 2009 INCREASE DECREASE

Current assets

Inventories 242,847 322,006 79159

Sundry debtors 558,066 546,551 11515

Cash & bank balance 3,745,296 4,055,158 309862

Other current assets 244133 347215 103082

Loans & advances 714,431 744,441 30010

Total 5531773 6015371 483598

Current liabilities

Liabilities 1,667,916 1,739,647 71731

Increase/decrease in 1065927
working capital

Total 4,275,724 3,863,857 1077442

INTERPRETATION:

From the above table we can easily know the position of working capital in the year
2008-2009 and it was increased to 1065927 . The position of current assets in 2007 is more
compared with previous year.

COMPARATIVE WORKING CAPITAL

YEAR INCREASE/DECREASE NET WORKING CAPITAL
2006-2007 INCREASE 2087310
2007-2008 INCREASE 811484
2008-2009 INCREASE 1065927

INTERPRETATION:

From the above table schedule of working capital changes statement, shows the increase
in the last years working capital increased in all the years and it was continuously increasing
compared with the previous years in year 2008-2009 it shows a high range.