Saritow Spinning Mills Ltd.

Items
A.Non-Current Assets (A1+A3+A5+A6+A7)
1.Capital work in progress
2.Operating fixed assets at cost
3.Operating fixed assets after deducting accumulated depreciation
4.Depreciation for the year
5.Intangible assets
6.Long term investments
7.Other non-current assets
B.Current Assets (B1+B2+B3+B4+B5)
1.Cash & bank balance
2.Inventories
3.Trade Debt
4.Short term investments
5.Other current assets
C.Current Liabilities (C1+C2)
1.Short term Secured loans
2.Other current liabilities
D.Non-Current Liabilities (D1+D2+D3+D4+D5)
1.Long term secured loans
2.Long term unsecured loans
3.Debentures/TFCs
4.Employees benefit obligations
5.Other non-current liabilities
E.Shareholders Equity (E1+E2+E3)
1.Issued, Subscribed & Paid up capital
i).Ordinary Shares
ii).Preference shares
2.Reserves
i).Capital Reserve
ii).Revenue Reserve
3.Surplus on revaluation of fixed assets
F.Operation:
1.Sales
i).Local sales (Net)
ii).Export Sales (Net)
2.Cost of sales
i).Cost of material
ii).Other input cost
3.Gross Profit
4.General, administrative and other expenses
i).Selling & distribution expenses
ii).Administrative and other expenses
5.Salaries, wages and employee benefits
6.Financial expenses
of which: (i) Interest expenses
7.Net profit before tax
8.Tax provision (current year)

2006
235,286.
553,580.
235,286.
12,598.
0.0

362,644.
3,679.
162,389.
6,588.
0.0
189,988.
397,958.
170,658.
227,300.
111,268.

0.0
111,268.
88,704.
132,750.
132,750.
0.0
-44046

411,289.
411,289.
0.0
357,528.

53,761.
14,970.
14,970.
31,180.
8,151.
2,853.

9.Total amount of dividend

10.Total value of bonus shares issued
11.Cash flows from operations
G.Miscellaneous
1.Total capital employed (E+D)
2.Total fixed liabilities (D1+D3)
3.Retention in business (F7-F8-F9)
4.Contractual Liabilities (G2+C1)
H.Key Performance Indicators
1.Acid test or quick ratio[(B1+B3+B4) to C]
2.Financial expenses as % of sales (F6 as % of F1)
3.Trade Debt as % of sales (B3 as % of F1)
4.Assets turnover ratio [F1 to (A+B)]
5.Current ratio (B to C)
6.Cost of goods sold to sales (F2 as % of F1)
7.Debt equity ratio [(C+D) to E]
8.Return on assets [F7 as % of avg.(A+B)]
9.Return of equity (F7 as % of avg. E)
10.Return on capital employed ( F7 as % of avg. G1)
11.Dividend cover ratio [(F7-F8) to F9]
12.Inventory Turnover Ratio (F1 to B2)
13.Interest cover ratio [(F7+ F6(i)) to F6(i)]
14.Net profit margin (F7 as % of F1)
15.Operating cash flow to debt ratio [F11 to (C+D)]
16.Earning per share after tax (Rs./share) [(F7-F8)/No. of Ord. shares]
17.Break-up value shares (Rs./share) (E/No. of Ord. shares)

0.0
0.0

199,972.
0.0
5,298.
170,658.
.03
7.58
1.6
.69
.91
86.93
5.74
1.52
9.13
3.91
2.53
1.98
0.0
.4
6.68

Financial Statement Analysis of Non Financial Sector

2010
(Thousand Rupees)

2007
243,108.
570,683.
243,108.
12,403.
0.0

2008
291,668.
0.0
633,558.
291,668.
14,077.
0.0

358,165.
6,634.
156,272.
77,602.
0.0
117,657.
409,656.
154,656.
255,000.
108,740.

303,442.
6,082.
188,631.
7,974.
0.0
100,755.
332,562.
167,255.
165,307.
141,009.

0.0

0.0

108,740.
82,877.
132,750.
132,750.
0.0
-49873

141,009.
121,539.
132,750.
132,750.
0.0
-11211

464,522.
464,522.
0.0
403,983.

450,555.
450,555.
0.0
388,685.

60,539.
15,510.

61,870.
17,193.

15,510.

17,193.

39,241.

34,738.

6,088.
2,321,151.

10,516.
2,253.

2009
341,762.
690,405.
338,680.
15,383.
0.0
0.0
3,082.
228,616.
3,520.
174,447.
97.
0.0
50,552.
329,467.
148,188.
181,279.
214,177.
76,069.
90,855.
0.0
9,903.
37,350.
26,734.
132,750.
132,750.
0.0
-131296
0.0
-131296
25,280.

2010
359,976.
0.0
726,086.
356,894.
17,467.
0.0
0.0
3,082.
160,492.
12,465.
108,671.
99.
0.0
39,258.
202,120.
99,728.
102,392.
208,371.
54,347.
90,855.
0.0
13,200.
49,969.
109,978.
132,750.
132,750.
0.0
-81994
0.0
-81994
59,222.

472,088.
472,088.
0.0
431,535.
269,434.
162,101.
40,553.
17,899.
1,077.
16,823.
56,215.
49,868.
48,450.
-26966
0.0

716,581.
716,581.
0.0
587,251.
349,277.
237,974.
129,330.
25,653.
1,107.
24,546.
66,176.
39,640.
38,783.
64,349.
3,583.

0.0
0.0

0.0
0.0

0.0
0.0
93,278.

0.0
0.0
79,711.

191,617.
0.0
-2315063
154,656.

262,548.
0.0
8,263.
167,255.

240,911.
76,069.
-26966
224,257.

318,349.
54,347.
60,766.
154,075.

.21
8.45
16.71
.77
.87
86.97
6.26
1.02
7.1
3.11

.04
7.71
1.77
.76
.91
86.27
3.9
1.76
10.29
4.63

.01
10.56
.02
.83
.69
91.41
20.34
-4.63
-36.37
-10.71

.06
5.53
.01
1.38
.79
81.95
3.73
11.8
94.14
23.01

2.97

2.39

1.31
0.0
-174.39
6.24

2.33
0.0
.62
9.16

2.71
.44
-5.71
.17
-2.03
2.01

6.59
2.66
8.98
.19
4.58
8.28

Saritow Spinning Mills Ltd. Common size analysis (vertical)

Items
Total Assets
A.Non-Current Assets
1.Capital work in progress
2.Operating fixed assets at cost
3.Operating fixed assets after deducting accumulated depreciation
4.Depreciation for the year
5.Intangible assets
6.Long term investments
7.Other non-current assets
B.Current Assets
1.Cash & bank balance
2.Inventories
3.Trade Debt
4.Short term investments
5.Other current assets
Total liabilities
C.Current Liabilities
1.Short term Secured loans
2.Other current liabilities
D.Non-Current Liabilities
1.Long term secured loans
2.Long term unsecured loans
3.Debentures/TFCs
4.Employees benefit obligations
5.Other non-current liabilities

E.Shareholders Equity
1.Issued, Subscribed & Paid up capital
i).Ordinary Shares
ii).Preference shares
2.Reserves
i).Capital Reserve
ii).Revenue Reserve
3.Surplus on revaluation of fixed assets

F.Operation:
1.Sales
i).Local sales (Net)
ii).Export Sales (Net)
2.Cost of sales
i).Cost of material
ii).Other input cost
3.Gross Profit

2006
597,930
39.35%
0.00%
92.58%
39.35%
2.11%
0.00%
0.00%
0.00%
60.65%
0.62%
27.16%
1.10%
0.00%
31.77%
509226
78.15%
33.51%
44.64%
21.85%
0.00%
0.00%
0.00%
0.00%
21.85%

88,704.
149.66%
149.66%
0.00%

411,289.
100.00%
0.00%
86.93%
0.00%
0.00%
13.07%

4.General, administrative and other expenses

i).Selling & distribution expenses
ii).Administrative and other expenses
5.Salaries, wages and employee benefits
6.Financial expenses
of which: (i) Interest expenses
7.Net profit before tax
8.Tax provision (current year)
9.Total amount of dividend
10.Total value of bonus shares issued
11.Cash flows from operations

G.Miscellaneous
1.Total capital employed (E+D)
2.Total fixed liabilities (D1+D3)
3.Retention in business (F7-F8-F9)
4.Contractual Liabilities (G2+C1)

3.64%
0.00%
3.64%
0.00%
7.58%
0.00%
1.98%
0.69%

0.00%

nalysis (vertical)
2007
601,273
40.43%
0.00%
94.91%
40.43%
2.06%
0.00%
0.00%
0.00%
59.57%
1.10%
25.99%
12.91%
0.00%
19.57%
518396
79.02%
29.83%
49.19%
20.98%
0.00%
0.00%
0.00%
0.00%
20.98%

2010
(Thousand Rupees)
2008
2009
595,110 570,378
49.01%
59.92%
0.00%
0.00%
106.46% 121.04%
49.01%
59.38%
2.37%
2.70%
0.00%
0.00%
0.00%
0.00%
0.00%
0.54%
50.99%
40.08%
1.02%
0.62%
31.70%
30.58%
1.34%
0.02%
0.00%
0.00%
16.93%
8.86%
473571
70.22%
35.32%
34.91%
29.78%
0.00%
0.00%
0.00%
0.00%
29.78%

543644
60.60%
27.26%
33.35%
39.40%
13.99%
16.71%
0.00%
1.82%
6.87%

2010
520,468
69.16%
0.00%
139.51%
68.57%
3.36%
0.00%
0.00%
0.59%
30.84%
2.39%
20.88%
0.02%
0.00%
7.54%
410491
49.24%
24.29%
24.94%
50.76%
13.24%
22.13%
0.00%
3.22%
12.17%

235,286.

243,108.

553,580.
235,286.
12,598.
0.0

570,683.
243,108.
12,403.
0.0

291,668.
0.0
633,558.
291,668.
14,077.
0.0

362,644.
3,679.
162,389.
6,588.
0.0
189,988.

358,165.
6,634.
156,272.
77,602.
0.0
117,657.

303,442.
6,082.
188,631.
7,974.
0.0
100,755.

397,958.
170,658.
227,300.
111,268.

409,656.
154,656.
255,000.
108,740.

332,562.
167,255.
165,307.
141,009.

0.0

0.0

0.0

111,268.

108,740.

141,009.

132,750.
132,750.
0.0
-49873

82,877.
121,539. 26,734.
160.18% 109.22% 496.56%
160.18% 109.22% 496.56%
0.00%
0.00%
0.00%
-60.18%
-9.22% -491.12%
0.00%
0.00%
0.00%
0.00%
0.00% -491.12%
0.00%
0.00%
94.56%

109,978.
120.71% 132,750.
120.71% 132,750.
0.00%
0.0
-74.55% -44046
0.00%
-74.55%
53.85%

464,522.
450,555. 472,088.
100.00% 100.00% 100.00%
0.00%
0.00%
0.00%
86.97%
86.27%
91.41%
0.00%
0.00%
57.07%
0.00%
0.00%
34.34%
13.03%
13.73%
8.59%

716,581.
100.00% 411,289.
0.00%
0.0
81.95% 357,528.
48.74%
33.21%
18.05% 53,761.

341,762.
690,405.
338,680.
15,383.
0.0
0.0
3,082.
228,616.
3,520.
174,447.
97.
0.0
50,552.

359,976.
0.0
726,086.
356,894.
17,467.
0.0
0.0
3,082.
160,492.
12,465.
108,671.
99.
0.0
39,258.

329,467.
148,188.
181,279.
214,177.
76,069.
90,855.
0.0
9,903.
37,350.

202,120.
99,728.
102,392.
208,371.
54,347.
90,855.
0.0
13,200.
49,969.

132,750.
132,750.
0.0
-11211

132,750.
132,750.
0.0
-131296
0.0
-131296
25,280.

132,750.
132,750.
0.0
-81994
0.0
-81994
59,222.

464,522.
0.0
403,983.

450,555.
0.0
388,685.

60,539.

61,870.

472,088.
0.0
431,535.
269,434.
162,101.
40,553.

716,581.
0.0
587,251.
349,277.
237,974.
129,330.

3.34%
0.00%
3.34%
0.00%
8.45%
0.00%
1.31%
499.69%

3.82%
0.00%
3.82%
0.00%
7.71%
0.00%
2.33%
0.50%

3.79%
0.23%
3.56%
11.91%
10.56%
10.26%
-5.71%
0.00%

3.58%
0.15%
3.43%
9.23%
5.53%
5.41%
8.98%
0.50%

0.00%

0.00%

19.76%

11.12%

14,970.

15,510.

17,193.

14,970.

15,510.

17,193.

31,180.

39,241.

34,738.

8,151.
2,853.
0.0
0.0

6,088.
2,321,151.
0.0
0.0

10,516.
2,253.
0.0
0.0

199,972.
0.0
5,298.
170,658.

191,617.
0.0
-2315063
154,656.

262,548.
0.0
8,263.
167,255.

17,899.
1,077.
16,823.
56,215.
49,868.
48,450.
-26966
0.0
0.0
0.0
93,278.

25,653.
1,107.
24,546.
66,176.
39,640.
38,783.
64,349.
3,583.
0.0
0.0
79,711.

240,911.
76,069.
-26966
224,257.

318,349.
54,347.
60,766.
154,075.

Industry's Common Size Analysis (Vertical)

Items
Total Assets
Non-Current Assets
Capital work in progress
Operating fixed assets at cost
Operating fixed assets after deducting accumulated depreciation
Depreciation for the year
Intangible assets
Long term investments
Other non-current assets
Current Assets
Cash & bank balance
Inventories
Trade Debt
Short term investments
Other current assets

2006
2007
2008
2009
2010
409,937,779
464,477,720
498,657,595
570,410,311
602,716,463
51.78%
49.11%
44.30%
61.02%
62.17%
0.00%
0.00%
0.00%
6.78%
10.80%
77.39%
72.68%
68.40%
67.13%
60.17%
50.78%
48.22%
44.28%
43.38%
39.22%
3.50%
3.48%
3.58%
2.90%
2.53%
1.00%
0.89%
0.02%
1.02%
0.96%
0.00%
0.00%
0.00%
8.94%
10.35%
0.00%
0.00%
0.00%
0.89%
0.84%
48.22%
50.89%
55.70%
38.98%
37.83%
1.52%
1.40%
0.93%
1.12%
1.22%
20.23%
18.68%
22.39%
20.01%
18.48%
7.90%
8.20%
9.21%
10.28%
10.19%
11.26%
11.05%
12.76%
0.80%
0.90%
7.31%
11.57%
10.41%
6.78%
7.04%

Total Liabilities
Current Liabilities
Short term Secured loans
Other current liabilities
Non-Current Liabilities
Long term secured loans
Long term unsecured loans
Debentures/TFCs
Employees benefit obligations
Other non-current liabilities

263,455,316
69.53%
44.10%
25.43%
30.47%
0.00%
0.00%
3.25%
0.00%
27.22%

293,267,713
73.35%
37.82%
35.53%
26.65%
0.00%
0.00%
3.60%
0.00%
23.06%

336,510,454
74.45%
44.46%
29.99%
25.55%
0.00%
0.00%
1.37%
0.00%
24.17%

394,880,155
65.60%
46.65%
18.95%
34.40%
25.92%
3.76%
0.001%
0.76%
3.96%

386,394,501
63.60%
44.45%
19.15%
36.40%
28.00%
3.44%
0.001%
0.84%
4.12%

Shareholders Equity
Issued, Subscribed & Paid up capital
i).Ordinary Shares
ii).Preference shares
Reserves
i).Capital Reserve
ii).Revenue Reserve
Surplus on revaluation of fixed assets

146,482,463
28.75%
27.64%
1.11%
71.25%
0.00%
0.00%
0.00%

171,210,007
26.32%
24.89%
1.42%
73.68%
0.00%
0.00%
0.00%

162,147,141
28.97%
27.95%
1.02%
71.03%
0.00%
0.00%
0.00%

175,530,155
28.58%
27.55%
1.02%
46.44%
11.94%
35.22%
24.98%

216,321,961
23.09%
22.42%
0.67%
54.04%
15.78%
38.85%
22.87%

311,856,124
61.63%
38.37%
88.39%
0.00%
0.00%
11.61%
4.60%
0.00%
4.60%
0.00%
5.44%
0.00%
3.35%
0.92%

350,130,616
55.95%
44.05%
88.62%
0.00%
0.00%
11.38%
4.48%
0.00%
4.48%
0.00%
6.32%
0.00%
2.94%
1.52%

383,786,985
58.01%
41.99%
89.49%
0.00%
0.00%
10.51%
5.11%
0.00%
5.11%
0.00%
7.47%
0.00%
1.66%
4.17%

445,046,300
52.80%
47.20%
87.29%
55.95%
30.99%
12.71%
6.45%
2.85%
3.60%
7.35%
8.90%
8.05%
-0.97%
0.67%

506,377,977
48.37%
51.63%
84.08%
54.63%
29.14%
15.92%
5.59%
2.80%
2.79%
7.14%
6.53%
6.05%
5.67%
0.97%

0.00%

0.00%

0.00%

5.97%

5.51%

Operation:
Sales
i).Local sales (Net)
ii).Export Sales (Net)
Cost of sales
i).Cost of material
ii).Other input cost
Gross Profit
General, administrative and other expenses
i).Selling & distribution expenses
ii).Administrative and other expenses
Salaries, wages and employee benefits
Financial expenses
of which: (i) Interest expenses
Net profit before tax
Tax provision (current year)
Total amount of dividend
Total value of bonus shares issued
Cash flows from operations
Miscellaneous
Total capital employed (E+D)
Total fixed liabilities (D1+D3)
Retention in business (F7-F8-F9)
Contractual Liabilities (G2+C1)

212250458

228100596

220912726

317249011
208146347
14349481
4104111

337568522
223988054
16140749
4112542

341072977
220810198
17833078
102528

197687321
6235092
82927224
32402586
46168830
29953589

236377124
6495689
86741516
38073754
51321939
53744226

277744869
4621159
111657992
45946849
63622133
51896736

183180209
116186495
66993714
80275107

215101682
110907155
104194527
78166031

250538128
149626490
100911638
85972326

348050648
38681124
382921239
247470905
16553353
5810569
51005206
5082844
222359663
6370601
114123287
58651584
4564263
38649927

374697427
65088206
362661658
236387169
15236743
5788081
62363717
5070254
228019036
7372362
111395963
61429982
5403029
42417699

259039910
184196238
74843672
135840245
102340314
14855347
2832
3007623
15634129

245735894
171756961
73978933
140658607
108180749
13309228
2832
3254239
15911559

8555688

10547159

4626163

71719419

67618872

81346163

42115059
40482391
1632668
104367404

45054477
42621791
2432686
126155530

46973656
45317698
1655958
115173485

50161552
48367323
1794230
81520537
20966563
61815778
43848066

49939812
48490295
1449517
116908924
34131866
84038862
49473226

192202341
119653783
275649576

195906902
154223714
310289195

222647661
161139324
343454319

36206548
14334820

39841421
15672433

40332666
19619114

14334820

15672433

19619114

16963954

22144033

28671518

10431678
2880023
1729135
533902

10283156
5336408
1126311
86189

6388872
15991836
1647899
1638520

234968117
210078183
388502763
249001822
137901817
56543537
28709761
12696010
16013751
32711281
39614060
35832430
(4327336)
2977754
1529981
179928
26555273

244931255
261446721
425761413
276626970
147535319
80616563
28305332
14202417
14102915
36158563
33089703
30624886
28688516
4896608
4631759
944130
27909704

249376038
248119467
311370400
10547159
4626163
102343146
3820437 (11250863)
(8835071)
121454314
154252653
286539384

356980569
108183581
19160148
279940542

226757570
8555688
5822520
124742183

Saritow Spinning Mills Ltd. Common size analysis (horizontal)

(Thousand Rupees)
Items
Total Assets
A.Non-Current Assets
1.Capital work in progress
2.Operating fixed assets at cost
3.Operating fixed assets after deducting accumulated depreciation
4.Depreciation for the year
5.Intangible assets
6.Long term investments
7.Other non-current assets
B.Current Assets
1.Cash & bank balance
2.Inventories
3.Trade Debt
4.Short term investments
5.Other current assets

2006
2007
2008
2009
2010
100.00% 1.005591 0.995284 0.953921 0.87045
100.00% 1.033245 1.239632 1.452539 1.529951

Total liabilities
C.Current Liabilities
1.Short term Secured loans
2.Other current liabilities
D.Non-Current Liabilities
1.Long term secured loans
2.Long term unsecured loans
3.Debentures/TFCs
4.Employees benefit obligations
5.Other non-current liabilities

100.00%
100.00%
100.00%
100.00%
100.00%

0.0

0.0

0.0

100.00%

0.97728 1.267292 0.335676 0.449087

111,268.

108,740.

141,009.

E.Shareholders Equity
1.Issued, Subscribed & Paid up capital
i).Ordinary Shares
ii).Preference shares
2.Reserves
i).Capital Reserve
ii).Revenue Reserve
3.Surplus on revaluation of fixed assets

100.00%
100.00%
100.00%

0.93431 1.370164 0.301384 1.239831

100.00% 100.00% 100.00% 100.00%
100.00% 100.00% 100.00% 100.00%

88,704.
132,750.
132,750.
0.0
-44046

82,877.
132,750.
132,750.
0.0
-49873

100.00% 1.129934 1.087146 1.206996 1.642531

411,289.
411,289.
0.0
357,528.

100.00% 1.126077 1.150834 0.75432 2.405647

100.00% 1.036072 1.148497 1.195658 1.713627

F.Operation:
1.Sales
i).Local sales (Net)
ii).Export Sales (Net)
2.Cost of sales
i).Cost of material
ii).Other input cost
3.Gross Profit
4.General, administrative and other expenses
i).Selling & distribution expenses
ii).Administrative and other expenses
5.Salaries, wages and employee benefits
6.Financial expenses
of which: (i) Interest expenses
7.Net profit before tax
8.Tax provision (current year)
9.Total amount of dividend
10.Total value of bonus shares issued
11.Cash flows from operations

G.Miscellaneous
1.Total capital employed (E+D)
2.Total fixed liabilities (D1+D3)
3.Retention in business (F7-F8-F9)
4.Contractual Liabilities (G2+C1)

597,930
235,286.

601,273
243,108.

100.00% 1.030895 1.144474 1.247164 1.311619

100.00% 1.033245 1.239632 1.43944 1.516852
100.00% 0.984521
1.1174 1.221067 1.38649

553,580.
235,286.
12,598.
0.0

570,683.
243,108.
12,403.
0.0

595,110
291,668.
0.0
633,558.
291,668.
14,077.
0.0

100.00% 0.987649 0.836749 0.630414 0.442561

100.00% 1.803207 1.653167 0.956782 3.388149
100.00% 0.962331
1.1616 1.074254 0.669202
100.00% 11.7793 1.210383 0.014724 0.015027

362,644.
3,679.
162,389.
6,588.
0.0
189,988.

358,165.
6,634.
156,272.
77,602.
0.0
117,657.

303,442.
6,082.
188,631.
7,974.
0.0
100,755.

690,405.
338,680.
15,383.
0.0
0.0
3,082.
228,616.
3,520.
174,447.
97.
0.0
50,552.

520,468
359,976.
0.0
726,086.
356,894.
17,467.
0.0
0.0
3,082.
160,492.
12,465.
108,671.
99.
0.0
39,258.

509226
397,958.
170,658.
227,300.
111,268.

518396
409,656.
154,656.
255,000.
108,740.

473571
332,562.
167,255.
165,307.
141,009.

543644
329,467.
148,188.
181,279.
214,177.
76,069.
90,855.
0.0
9,903.
37,350.

410491
202,120.
99,728.
102,392.
208,371.
54,347.
90,855.
0.0
13,200.
49,969.

121,539.
132,750.
132,750.
0.0
-11211

26,734.
132,750.
132,750.
0.0
-131296
0.0
-131296
25,280.

109,978.
132,750.
132,750.
0.0
-81994
0.0
-81994
59,222.

464,522.
464,522.
0.0
403,983.

450,555.
450,555.
0.0
388,685.

53,761.
14,970.

60,539.
15,510.

61,870.
17,193.

100.00% 1.036072 1.148497 1.123781 1.639679

14,970.

15,510.

17,193.

100.00% 1.258531 1.114112 1.599359 1.271328

31,180.

39,241.

34,738.

100.00% 0.746902 1.290148

100.00% 813.5825 0.789695

8,151.
2,853.
0.0
0.0

6,088.
2,321,151.
0.0
0.0

10,516.
2,253.
0.0
0.0

472,088.
472,088.
0.0
431,535.
269,434.
162,101.
40,553.
17,899.
1,077.
16,823.
56,215.
49,868.
48,450.
-26966
0.0
0.0
0.0
93,278.

716,581.
716,581.
0.0
587,251.
349,277.
237,974.
129,330.
25,653.
1,107.
24,546.
66,176.
39,640.
38,783.
64,349.
3,583.
0.0
0.0
79,711.

199,972.
0.0
5,298.
170,658.

191,617.
0.0
-2315063
154,656.

262,548.
0.0
8,263.
167,255.

240,911.
76,069.
-26966
224,257.

318,349.
54,347.
60,766.
154,075.

100.00% 0.619286 0.530323

1.018008
1.029395
0.906234
1.121865
0.97728

0.929982
0.835671
0.98006
0.727264
1.267292

0.26608 0.206634
1.067589
0.827894
0.868333
0.797532
1.924875

0.806108
0.507893
0.584373
0.450471
1.872695

100.00% 1.132294 0.254529 2.980884 1.861554

100.00%
100.00%

1.12943 1.095471 1.147825 1.742281

1.12943 1.095471 1.147825 1.742281

-3.30831 7.894614
0 1.255871

100.00% 0.958219 1.312924 1.204724 1.591968

100.00% -436.969 1.559645 -5.08985 11.46961
100.00% 0.906234 0.98006 1.314073 0.902829

570,378
341,762.

Industry's Common Size Analysis (horizontal)

Items
Total Assets
Non-Current Assets
Capital work in progress
Operating fixed assets at cost
Operating fixed assets after deducting accumulated depreciation
Depreciation for the year
Intangible assets
Long term investments
Other non-current assets
Current Assets
Cash & bank balance
Inventories
Trade Debt
Short term investments
Other current assets
Total Liabilities
Current Liabilities
Short term Secured loans
Other current liabilities
Non-Current Liabilities
Long term secured loans
Long term unsecured loans
Debentures/TFCs
Employees benefit obligations
Other non-current liabilities
Shareholders Equity
Issued, Subscribed & Paid up capital
i).Ordinary Shares
ii).Preference shares
Reserves
i).Capital Reserve
ii).Revenue Reserve
Surplus on revaluation of fixed assets

Operation:
Sales
i).Local sales (Net)
ii).Export Sales (Net)
Cost of sales
i).Cost of material
ii).Other input cost
Gross Profit
General, administrative and other expenses
i).Selling & distribution expenses
ii).Administrative and other expenses
Salaries, wages and employee benefits
Financial expenses

2006
100.00%
100.00%

2007
113.30%
107.47%

2008
121.64%
104.08%

100.00%
100.00%
100.00%
100.00%

106.40%
107.61%
112.48%
100.21%

107.51%
106.08%
124.28%
2.50%

100.00%
100.00%
100.00%
100.00%
100.00%
100.00%

119.57%
104.18%
104.60%
117.50%
111.16%
179.42%

140.50%
74.12%
134.65%
141.80%
137.80%
173.26%

100.00%
100.00%
100.00%
100.00%

117.43%
95.46%
155.53%
97.37%

136.77%
128.78%
150.63%
107.10%

100.00%

123.28%

54.07%

100.00%

94.28%

113.42%

100.00%
100.00%
100.00%
100.00%
100.00%

116.88%
106.98%
105.28%
149.00%
120.88%

110.69%
111.54%
111.94%
101.43%
110.35%

100.00%
100.00%
100.00%
100.00%

112.27%
101.93%
128.89%
112.57%

123.07%
115.84%
134.67%
124.60%

100.00%
100.00%

110.04%
109.33%

111.40%
136.86%

100.00%

109.33%

136.86%

100.00%

130.54%

169.01%

of which: (i) Interest expenses

Net profit before tax
Tax provision (current year)
Total amount of dividend
Total value of bonus shares issued
Cash flows from operations
Miscellaneous
Total capital employed (E+D)
Total fixed liabilities (D1+D3)
Retention in business (F7-F8-F9)
Contractual Liabilities (G2+C1)

100.00%
100.00%
100.00%
100.00%

98.58%
185.29%
65.14%
16.14%

61.24%
555.27%
95.30%
306.90%

100.00%
100.00%
100.00%
100.00%

109.97%
123.28%
65.61%
97.36%

109.42%
54.07%
-193.23%
123.66%

2009
139.15%
163.98%

2010
147.03%
176.54%

409,937,779 464,477,720
212,250,458 228,100,596

498,657,595
220,912,726

120.70%
118.89%
115.36%
141.58%

114.31%
113.57%
106.18%
141.03%

317,249,011 337,568,522
208,146,347 223,988,054
14,349,481 16,140,749
4,104,111
4,112,542

341,072,977
220,810,198
17,833,078
102,528

112.48%
102.17%
137.62%
181.01%
9.89%
129.03%

115.34%
118.24%
134.33%
189.58%
11.70%
141.61%

197,687,321 236,377,124
6,235,092
6,495,689
82,927,224 86,741,516
32,402,586 38,073,754
46,168,830 51,321,939
29,953,589 53,744,226

277,744,869
4,621,159
111,657,992
45,946,849
63,622,133
51,896,736

141.41%
158.53%
111.72%
169.22%

134.15%
147.83%
110.43%
175.22%

183,180,209 215,101,682
116,186,495 110,907,155
66,993,714 104,194,527
80,275,107 78,166,031

250,538,128
149,626,490
100,911,638
85,972,326

0.03%

0.03%

8,555,688

10,547,159

4,626,163

21.80%

22.19%

71,719,419

67,618,872

81,346,163

119.83%
119.11%
119.48%
109.90%
78.11%

147.68%
118.58%
119.78%
88.78%
112.02%

146,482,463 171,210,007
42,115,059 45,054,477
40,482,391 42,621,791
1,632,668
2,432,686
104,367,404 126,155,530

142.71%
122.25%
175.57%
140.94%

162.38%
127.43%
218.50%
154.46%

311,856,124
192,202,341
119,653,783
275,649,576

156.17%
200.28%

222.66%
197.46%

111.71%
233.52%

570,410,311
348,050,648
38,681,124
382,921,239
247,470,905
16,553,353
5,810,569
51,005,206
5,082,844
222,359,663
6,370,601
114,123,287
58,651,584
4,564,263
38,649,927

602,716,463
374,697,427
65,088,206
362,661,658
236,387,169
15,236,743
5,788,081
62,363,717
5,070,254
228,019,036
7,372,362
111,395,963
61,429,982
5,403,029
42,417,699

259,039,910
184,196,238
74,843,672
135,840,245
102,340,314
14,855,347
2,832
3,007,623
15,634,129

245,735,894
171,756,961
73,978,933
140,658,607
108,180,749
13,309,228
2,832
3,254,239
15,911,559

162,147,141
46,973,656
45,317,698
1,655,958
115,173,485

175,530,155
50,161,552
48,367,323
1,794,230
81,520,537
20,966,563
61,815,778
43,848,066

216,321,961
49,939,812
48,490,295
1,449,517
116,908,924
34,131,866
84,038,862
49,473,226

350,130,616
195,906,902
154,223,714
310,289,195

383,786,985
222,647,661
161,139,324
343,454,319

36,206,548
14,334,820

39,841,421
15,672,433

40,332,666
19,619,114

98.38%

14,334,820

15,672,433

19,619,114

195.06%

16,963,954

22,144,033

28,671,518

445,046,300
234,968,117
210,078,183
388,502,763
249,001,822
137,901,817
56,543,537
28,709,761
12,696,010
16,013,751
32,711,281
39,614,060

506,377,977
244,931,255
261,446,721
425,761,413
276,626,970
147,535,319
80,616,563
28,305,332
14,202,417
14,102,915
36,158,563
33,089,703

-41.48%
103.39%
88.48%
33.70%

275.01%
170.02%
267.87%
176.84%

137.31%
1196.20%
-151.74%
229.71%

157.43%
1264.46%
329.07%
224.42%

35,832,430
(4,327,336)
2,977,754
1,529,981
179,928
26,555,273

30,624,886
28,688,516
4,896,608
4,631,759
944,130
27,909,704

226,757,570 249,376,038 248,119,467 311,370,400

8,555,688 10,547,159
4,626,163 102,343,146
5,822,520
3,820,437 (11,250,863) (8,835,071)
124,742,183 121,454,314 154,252,653 286,539,384

356,980,569
108,183,581
19,160,148
279,940,542

10,431,678
2,880,023
1,729,135
533,902

10,283,156
5,336,408
1,126,311
86,189

6,388,872
15,991,836
1,647,899
1,638,520