8

Balance Sheet ------------------- in Rs. Cr. --------------

  Mar '09 Mar '10
  12 mths 12 mths

Sources Of
Funds
Total Share Capital 15.47 93.12
Equity Share Capital 15.47 93.12
Share Application Money 0.00 0.00
Preference Share Capital 0.00 0.00
Reserves 5,399.85 6,652.88
Revaluation Reserves 0.00 0.00
Networth 5,415.32 6,746.00
Secured Loans 2,105.49 4,235.16
Unsecured Loans 2,857.16 4,148.10
Total Debt 4,962.65 8,383.26

Total Liabilities 10,377.97 15,129.26

  Mar '09 Mar '10
  12 mths 12 mths

Gross Block 7,362.90 8,814.21

Less: Accum. Depreciation 1,617.00 2,110.15
Net Block 5,745.90 6,704.06
Capital Work in Progress 2,318.01 6,435.28
Investments 1,233.40 1,067.11
Inventories 1,209.96 1,328.50
Sundry Debtors 391.46 622.36
Cash and Bank Balance 104.86 60.10
Total Current Assets 1,706.28 2,010.96
Loans and Advances 3,278.90 3,865.94
Fixed Deposits 204.10 0.00
Total CA, Loans &
5,189.28 5,876.90
Advances
 9

Deffered Credit 0.00 0.00

Current Liabilities 3,125.83 3,613.40
Provisions 985.81 1,343.71
Total CL & Provisions 4,111.64 4,957.11
Net Current 1,077.64 919.79
Assets
Miscellaneous Expenses 3.02 3.02
Total Assets 10,377.97 15,129.26
Contingent Liabilities 4,967.08 8,733.08
Book Value (Rs) 350.16 72.44

PROFIT AND LOSS ACCOUNT

Profit & Loss

------------------- in Rs. Cr. --------------
account
  Mar '09 Mar '10
  12 mths 12 mths

Income
Sales Turnover 8,433.81 7,895.58
Excise Duty 755.98 548.14
Net Sales 7,677.83 7,347.44
Other Income 54.68 117.31
Stock Adjustments 73.10 40.06
Total Income 7,805.61 7,504.81

Expenditure
Raw Materials 3,492.52 3,219.44
Power & Fuel Cost 414.53 391.80
Employee Cost 181.46 214.87
Other Manufacturing 359.31 446.60
 10

Expenses
Selling and Admin
499.14 25.32
Expenses
Miscellaneous Expenses 166.11 594.65
Preoperative Exp
0.00 0.00
Capitalised
Total Expenses 5,113.07 4,892.68

  Mar '09 Mar '10

  12 mths 12 mths
Operating 2,637.86 2,494.82
Profit
PBDIT 2,692.54 2,612.13
Interest 267.89 192.47
PBDT 2,424.65 2,419.66
Depreciation 433.03 512.16
Other Written Off 0.20 0.00
Profit Before Tax 1,991.42 1,907.50
Extra-ordinary items 10.46 -0.04
PBT (Post Extra-ord
2,001.88 1,907.46
Items)
Tax 465.40 427.78
Reported Net 1,536.48 1,479.68
Profit
Total Value Addition 1,620.55 1,673.24
Preference Dividend 0.00 0.00
Equity Dividend 85.33 116.52
Corporate Dividend Tax 0.00 4.28
Per share data
(annualised)
Shares in issue (lakhs) 1,546.53 9,312.34
Earning Per Share (Rs) 99.35 15.89
Equity Dividend (%) 550.00 125.00
 11

Book Value (Rs) 350.16 72.44

12
13
 14

« Previous Years  
Jindal Steel & Power

Key Financial ------------------- in Rs. Cr.

Ratios -------------------

  Mar '09 Mar '10

Investment
Valuation
Ratios
Face Value 1.00 1.00
Dividend Per Share 5.50 1.25
Operating Profit Per Share
170.57 26.79
(Rs)
Net Operating Profit Per
496.46 78.90
Share (Rs)
Free Reserves Per Share
327.99 -0.03
(Rs)
Bonus in Equity Capital -- 83.30
Profitability
Ratios
Operating Profit
34.35 34.78
Margin(%)
Profit Before Interest And
27.98 27.05
Tax Margin(%)
Gross Profit Margin(%) 28.71 27.80
Cash Profit Margin(%) 26.71 26.49
Adjusted Cash Margin(%) 26.71 26.68
Net Profit Margin(%) 19.50 19.82
Adjusted Net Profit
19.50 19.59
Margin(%)
Return On Capital
23.16 14.86
Employed(%)
Return On Net Worth(%) 28.38 21.94
Adjusted Return on Net 30.87 21.94
 15

Worth(%)
Return on Assets
349.96 72.41
Excluding Revaluations
Return on Assets Including
349.96 72.41
Revaluations
Return on Long Term
25.01 13.88
Funds(%)

Current Ratio 1.04 1.19

Quick Ratio 0.95 0.92
Debt Equity Ratio 0.92 1.24
Long Term Debt Equity
0.77 0.84
Ratio

Interest Cover 10.33 7.91

Total Debt to Owners
0.92 1.24
Fund
Financial Charges
10.59 13.57
Coverage Ratio
Financial Charges
8.35 11.35
Coverage Ratio Post Tax
Management
Efficiency
Ratios
Inventory Turnover Ratio 9.08 8.05
Debtors Turnover Ratio 22.62 14.49
Investments Turnover
9.08 5.94
Ratio
Fixed Assets Turnover
1.04 0.83
Ratio
Total Assets Turnover
0.74 0.49
Ratio
Asset Turnover Ratio 1.04 0.83
 
Average Raw Material
40.04 --
Holding
Average Finished Goods 37.94 --
 16

Held
Number of Days In
50.53 45.07
Working Capital
Profit & Loss
Account Ratios
Material Cost Composition 45.48 43.81
Imported Composition of
31.97 46.23
Raw Materials Consumed
Selling Distribution Cost
4.26 --
Composition
Expenses as Composition
13.30 5.58
of Total Sales
Cash Flow Indicator
Ratios
Dividend Payout Ratio Net
5.55 8.16
Profit
Dividend Payout Ratio
4.33 6.06
Cash Profit
Earning Retention Ratio 94.90 91.84
Cash Earning Retention
95.95 93.94
Ratio
AdjustedCash Flow Times 2.36 4.21

  Mar '09 Mar '10

Earnings Per Share 99.35 15.89

Book Value 350.16 72.44

CASH FLOW STATEMENT

------------------- in Rs. Cr.
Cash Flow
-------------------
  Mar '09 Mar '10
 17

  12 mths 12 mths

Net Profit Before Tax 2001.88 1907.50

Net Cash From Operating
2701.99 2403.08
Activities
Net Cash (used in)/from
-3268.82 -5811.69
Investing Activities
Net Cash (used in)/from
297.88 3159.75
Financing Activities
Net (decrease)/increase
In Cash and Cash -268.95 -248.86
Equivalents
Opening Cash & Cash
577.91 308.96
Equivalents
Closing Cash & Cash
308.96 60.10
Equivalents