|
Ambuja Cements Limited
Profit &
loss Account
for the year ended 31st December,2007 |
| |
Schedule |
Rs.
in Crores
|
2007
(12 months)
Rs. in Crores
|
2005-2006
(12 months)
Rs. in Crores |
| INCOME |
|
|
|
|
|
Sales Including VAT / Sales tax
remission |
|
|
|
|
|
Rs 73.08 crores; 31.12.2006 Rs
87.03 crores |
|
6,469.68
|
-
|
7,016.70
|
|
Less: Excise duty |
|
764.84 |
|
742.18 |
|
|
|
|
5,704.84 |
6,274.52 |
| Other
Income |
N |
|
193.53
|
94.11
|
| |
|
|
5,898.37 |
6,368.63 |
| |
|
|
|
| EXPENDITURE |
|
|
|
| Manufacturing
Expenses |
O |
2,135.06
|
-
|
2,514.54
|
|
Variation in
Stocks |
P |
(56.82) |
- |
9.94 |
|
Employee's Cost |
Q |
208.62 |
|
233.08 |
| Administrative, Selling
and Other Expenses |
R |
1,382.33
|
- |
1,388.46 |
|
Interest and Finance Charges |
S |
75.85
|
- |
113.23
|
|
Depreciation and Amortization |
|
236.34
|
- |
326.12 |
| |
|
3,981.38
|
|
4,585.37
|
|
Less Self consumption of clinker cement |
|
|
|
|
|
(net of excise duty Rs 2.23 crores: 31.12.2006 - Rs
3.09 croes) |
|
(9.4) |
|
(10.82) |
| |
|
|
3,971.91 |
4,574.55 |
|
Profit before Tax and exceptional items |
|
|
1,926.46 |
1,794.08 |
|
Exceptional items |
T |
|
785.89 |
47.52 |
|
Profit before tax |
|
|
2,712.35 |
1,841.60
|
|
Provision for Taxation |
|
|
- |
- |
|
-- Current Tax {Refer Note
25} |
|
737.00 |
- |
392.00 |
|
Income Tax for earlier year {Refer
Note 25} |
|
202.00 |
|
- |
|
Mat credit entilement |
|
- |
|
62.00 |
|
|
|
939.00 |
|
330.00 |
|
- Deferred Tax (Refer Note 10) |
|
0.90 |
|
3.07 |
|
-Deferred Tax Share in joinr venture |
|
(0.01)
|
|
0.06 |
|
- Fringe Benefit Tax |
|
5.15
|
|
5.28
|
|
|
|
|
943.25 |
338.35 |
|
Net Profit |
|
|
1,769.10 |
1,503.25 |
|
Balance as per last account |
|
|
272.06
|
151.38
|
|
Credit balance of profit and
loss account as on1st January |
|
|
|
|
|
2006 of erstwhile ACEL
(Refer Note 14) |
|
- |
|
71.31 |
|
Credit balance of profit and
loss account as on |
|
|
|
|
|
1st July,2005 of erstwhile Indo Nippon
Special cements |
|
|
|
|
|
Limited {INSCL} {Refer Note 26} |
|
0.21 |
|
|
|
|
|
|
0.21 |
71.31 |
|
Transferred from Debenture Redemption Reserve |
|
|
30.00 |
72.05 |
|
Transferred to general Reserve |
|
|
1,100.00 |
1,.000.00 |
|
Interim Dividend on Equity Shares |
|
380.41 |
|
339.89
|
|
Dividend Distribution Tax on above |
|
64.65 |
|
47.67 |
|
|
|
|
445.06 |
387.56 |
|
Proposed final dividend on equity Shares |
|
152.24 |
|
121.35 |
|
Dividend Distribution Tax on above |
|
25.87 |
- |
17.02 |
|
|
|
|
178.11 |
138.37 |
|
Balance carried to balance sheet |
|
|
384.20 |
272.06
|
|
Earnings per share in Rs. (Refer Note 8) |
|
|
Rs |
Rs |
|
Basic |
|
|
11.64 |
10.12 |
|
Diluted |
|
|
11.61 |
10.09 |
|
Notes forming part of the accounts |
U |
|
|
|