Balance Sheet of Ashok Leyland

------------------- in Rs.
Cr. ------------------Mar '13

Mar '12

12 mths

12 mths

Sources Of Funds
Total Share Capital

266.07

266.07

Equity Share Capital

266.07

266.07

Share Application Money

Preference Share Capital

4,189.04

2,632.34

1,313.36

Networth

4,455.11

4,211.77

Secured Loans

1,903.46

960.43

Unsecured Loans

1,601.36

1,435.10

Total Debt

3,504.82

2,395.53

Total Liabilities

7,959.93

6,607.30

Mar '13

Mar '12

12 mths

12 mths

Application Of Funds
Gross Block

8,117.64

7,174.30

Less: Accum. Depreciation

2,709.45

2,147.77

Net Block

5,408.19

5,026.53

Reserves
Revaluation Reserves

Capital Work in Progress

562.62

577.31

Investments

2,337.63

1,534.48

Inventories

1,896.02

2,230.63

Sundry Debtors

1,419.41

1,230.37

13.94

32.56

Total Current Assets

3,329.37

3,493.56

Loans and Advances

1,458.89

1,302.48

4,788.26

4,796.04

4,749.58

4,837.41

Cash and Bank Balance

Fixed Deposits
Total CA, Loans & Advances
Deffered Credit
Current Liabilities
Provisions

387.2

496.94

Total CL & Provisions

5,136.78

5,334.35

Net Current Assets

-348.52

-538.31

7.31

7,959.92

6,607.32

Contingent Liabilities

320.7

985.92

Book Value (Rs)

16.74

10.89

Miscellaneous Expenses
Total Assets

Profit & Loss account of Ashok Leyland

------------------- in Rs.
Cr. ------------------Mar '13

Mar '12

12 mths

12 mths

13,298.56

14,134.08

809.98

824.49

12,488.58

13,309.59

351.91

41.68

-279.36

175.03

Total Income

12,561.13

13,526.30

Expenditure
Raw Materials

8,925.14

9,702.20

Income
Sales Turnover
Excise Duty
Net Sales
Other Income
Stock Adjustments

Power & Fuel Cost

Employee Cost
Other Manufacturing Expenses
Selling and Admin Expenses
Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses
``

Operating Profit
PBDIT

86

76.75

1,075.51

1,039.07

110.34

99.67

1,001.27

1,135.77

334.4

-25.09

11,332.76

12,228.27

Mar '13

Mar '12

12 mths

12 mths

876.46

1,256.35

1,228.37

1,298.03

Interest

376.89

255.25

PBDT

851.48

1,042.78

Depreciation

380.78

352.81

Other Written Off

Profit Before Tax

470.7

689.97

Extra-ordinary items
PBT (Post Extra-ord Items)
Tax

470.7

689.97

37

124

Reported Net Profit

433.71

565.98

Total Value Addition

2,407.62

2,526.05

Preference Dividend

159.64

266.07

27.13

43.16

Equity Dividend
Corporate Dividend Tax

Per share data (annualised)

Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Book Value (Rs)

Cash Flow of Ashok Leyland

26,606.77

26,606.77

1.63

2.13

60

100

16.74

10.89

------------------- in Rs.
Cr. ------------------Mar '13

Mar '12

12 mths

12 mths

470.71

689.98

728.3

1117.06

-1164.32

-1057.52

Net Cash (used in)/from Financing Activities

416.98

-210.87

Net (decrease)/increase In Cash and Cash Equivalents

Net Profit Before Tax

Net Cash From Operating Activities
Net Cash (used in)/from
Investing Activities

-19.04

-151.33

Opening Cash & Cash Equivalents

26.85

175.37

Closing Cash & Cash Equivalents

7.81

24.04

Key Financial Ratios of Ashok Leyland

Mar '13
Investment Valuation Ratios
Face Value
Dividend Per Share
Operating Profit Per Share (Rs)
Net Operating Profit Per Share (Rs)
Free Reserves Per Share (Rs)
Bonus in Equity Capital
Profitability Ratios
Operating Profit Margin(%)
Profit Before Interest And Tax Margin(%)
Gross Profit Margin(%)
Cash Profit Margin(%)
Adjusted Cash Margin(%)
Net Profit Margin(%)

Mar '12

1
0.6
3.29
46.94
52.34

1
1
4.72
50.02
9.51
52.34

7.01
3.94
3.96
4.18
4.18
3.45

9.43
6.76
6.78
6.84
6.84
4.24

--

Adjusted Net Profit Margin(%)

Return On Capital Employed(%)
Return On Net Worth(%)
Adjusted Return on Net Worth(%)
Return on Assets Excluding Revaluations
Return on Assets Including Revaluations
Return on Long Term Funds(%)
Liquidity And Solvency Ratios
Current Ratio
Quick Ratio
Debt Equity Ratio
Long Term Debt Equity Ratio
Debt Coverage Ratios
Interest Cover
Total Debt to Owners Fund
Financial Charges Coverage Ratio
Financial Charges Coverage Ratio Post Tax
Management Efficiency Ratios
Inventory Turnover Ratio
Debtors Turnover Ratio
Investments Turnover Ratio
Fixed Assets Turnover Ratio
Total Assets Turnover Ratio
Asset Turnover Ratio
Average Raw Material Holding
Average Finished Goods Held
Number of Days In Working Capital
Profit & Loss Account Ratios
Material Cost Composition
Imported Composition of Raw Materials Consumed
Selling Distribution Cost Composition
Expenses as Composition of Total Sales
Cash Flow Indicator Ratios
Dividend Payout Ratio Net Profit
Dividend Payout Ratio Cash Profit
Earning Retention Ratio
Cash Earning Retention Ratio

3.45
7.01
9.73
3.23
16.74
16.74
7.75

4.24
17.76
19.57
19.41
10.87
15.8
18.11

0.73
0.56
0.79
0.61

0.88
0.48
0.83
0.8

1.48
0.79
2.49
3.16

3.68
0.83
5.07
4.6

7.01
9.43
7.01
1.7
1.74
1.71

6.63
11.02
6.63
1.98
2.75
2.01

-10.05

31.17
35.74
-14.56

---

71.46
6.89
12.15

72.89
6.79
6.55
12.36

43.06
22.93
-29.56
64.43
6.68

54.63
33.65
44.9
66.17
2.62

--

Mar '13
Earnings Per Share
Book Value

Mar '12
1.63
16.74

2.13
10.89

Mar '11

Mar '10

Mar '09

12 mths

12 mths

12 mths

133.03

133.03

133.03

133.03

133.03

133.03

2,523.65

2,190.10

1,976.00

1,306.28

1,333.17

1,364.86

3,962.96

3,656.30

3,473.89

1,272.22

788.12

304.41

1,385.97

1,492.33

1,657.57

2,658.19

2,280.45

1,961.98

6,621.15

5,936.75

5,435.87

Mar '11

Mar '10

Mar '09

12 mths

12 mths

12 mths

6,691.89

6,018.63

4,953.27

2,058.10

1,769.07

1,554.16

4,633.79

4,249.56

3,399.11

387.82

619.71

1,043.19

1,230.00

326.15

263.56

2,208.90

1,638.24

1,330.01

1,185.21

1,022.06

957.97

179.53

188.92

86.93

3,573.64

2,849.22

2,374.91

787.17

928.31

819.63

330.01

1.15

4,360.81

4,107.54

3,195.69

3,505.26

3,002.68

2,207.29

490.33

368.69

268.08

3,995.59

3,371.37

2,475.37

365.22

736.17

720.32

4.31

5.17

9.69

6,621.14

5,936.76

5,435.87

881.77

445.03

754.37

19.97

17.46

15.85

average net sale

Mar '11

Mar '10

Mar '09

12 mths

12 mths

12 mths

12,393.36

8,071.74

6,826.96

986.21

635.56

657.97

11,407.15

7,436.18

6,168.99

40.6

89.34

71.07

175.54

251.85

1.05

11,623.29

7,777.37

6,241.11

8,406.17

5,534.24

4,554.36

65.19

44.47

38.42

974.6

671.61

566.26

86.04

45.51

50.3

857

645.89

495.68

0.19

0.16

0.13

-24.06

-15.25

-8.2

10,365.13

6,926.63

5,696.95

Mar '11

Mar '10

Mar '09

12 mths

12 mths

12 mths

1,217.56

761.4

473.09

1,258.16

850.74

544.16

188.92

101.85

157.3

1,069.24

748.89

386.86

267.43

204.11

178.41

801.81

544.78

208.45

0.26

801.81

544.78

208.71

170.5

121.1

18.45

631.3

423.67

190

1,958.96

1,392.39

1,142.59

266.07

199.55

133.03

43.16

33.14

22.61

10,162.10

13,303.38

13,303.38

13,303.38

4.75

3.18

1.43

200

150

100

19.97

17.46

15.85

Mar '11

Mar '10

Mar '09

12 mths

12 mths

12 mths

801.8

544.77

208.45

591.38

1090.17

-525.58

-917.73

-783.17

-664.18

-13.64

123.31

459.18

-339.98

430.32

-730.58

515.36

85.15

815.73

175.37

515.46

85.15

Mar '11

Mar '10

Mar '09

1
2
9.15
85.75
18.25
4.68

1
1.5
5.72
55.9
16.1
4.68

1
1
3.56
46.37
14.43
4.68

10.67
8.3
8.32
7.83
7.83
5.51

10.23
7.45
7.49
7.69
7.69
5.66

7.66
4.72
4.77
5.77
5.77
3.04

5.51
18.6
23.8
23.72
19.94
29.76
18.6

5.66
12.89
18.27
15.99
17.42
27.45
12.89

1.09
0.53
1
1

1.22
0.72
0.98
0.98

1.29
0.72 `
0.93
0.93

5.23
1
6.65
5.76

5.83
0.98
7.83
7.16

2.27
0.93
3.41
3.34

5.86
10.34
5.86
1.73
2.19
1.82

5.11
7.51
5.11
1.25
1.65
1.31

5.36
9.25
5.36
1.26
1.54
1.46

42.33
32.96
11.53

40.15
36.3
35.64

44.36
41.55
42.04

73.69
7.04
6.67
10.31

74.42
7.65
7.68
8.66

73.82
5.37
6.98
15.93

48.98
34.4
50.87
65.52
2.96

54.92
37.06
37.24
59.53
3.97

81.91
42.24
14.36
56.79
5.45

Mar '11

Mar '10
4.75
19.97

3.04
8.78
9.05
8.65
15.78
26.04
8.78

Mar '09
3.18
17.46

1.43
15.85

0.906

56.7