Ambuja Cements Limited
Profit &
loss Account
for the year ended 30th June,2004
|
| |
Schedule |
Rs.
in Crores
|
2003-2004
Rs. in Crores
|
2002-2003 Rs. in Crores |
| INCOME |
|
|
|
|
| Sales |
|
2,305.18
|
-
|
2,025.30
|
|
Less : Excise Duty Paid |
|
337.07
|
-
|
283.05 |
| |
|
|
1,968.11 |
1,742.25
|
| Other
Income |
N |
|
50.49
|
36.30
|
| |
|
|
2,018.60 |
1,778.55 |
| EXPENDITURE |
|
|
|
| Manufacturing
Expenses |
O |
888.51
|
-
|
814.68
|
|
Variation in
Stocks |
P |
(11.27) |
- |
(4.39) |
| Administrative, Selling
and Other Expenses |
Q |
553.84
|
- |
455.42 |
| Interest
and Finance Charges (net) |
R |
78.43
|
- |
87.94
|
|
Depreciation and Amortization |
|
168.61
|
- |
171.34 |
| |
|
|
1,678.12
|
1,524.99
|
| Profit
before Tax and Prior Period Items |
|
|
340.48 |
253.56 |
|
Prior Period Items |
|
|
|
|
|
Depreciation Written Back [Refer
Note 23 (a)] |
|
60.07 |
- |
- |
|
Administrative, Selling and
other Expenses [Refer Note 23 (b)] |
|
(17.05) |
- |
- |
| |
|
|
43.02 |
|
|
Profit Before Tax |
|
|
383.50 |
253.56 |
|
Provision for Taxation [Refer
Note 8 (a) (b)] |
|
|
|
|
|
-- Current Tax |
|
20.30
|
|
19.75 |
|
-- Deferred Tax |
|
26.41
|
|
11.72 |
| |
|
|
46.71
|
31.47
|
|
Profit after Tax |
|
|
336.79
|
222.09 |
| Balance
as per last account |
|
|
90.96 |
76.01 |
|
Debit Balance of Profit and Loss
Account as on 1st June, 2004 of erstwhile Ambuja Cement Rajasthan
Limited (ACRL) |
|
320.90
|
|
-
|
|
Less Adjusted from General
Reserve [Refer Note 28 (b) (iii)] |
|
320.90
|
|
- |
| |
|
|
- |
- |
|
Transferred from Debenture Redemption Reserve |
|
|
127.75 |
18.75 |
| Transferred
from Investment Allowance (Utilised) Reserve Account |
|
|
- |
15.50 |
|
Transferred to Debenture Redemption Reserve |
|
|
2.55 |
18.75 |
| Transferred
to General Reserve |
|
|
275.00 |
100.00 |
|
|
|
|
277.95 |
213.60 |
|
Interim Dividend |
|
|
|
|
|
On Equity Shares |
|
88.25
|
-
|
46.58
|
|
Corporate Dividend Tax on above |
|
11.31 |
|
5.97 |
| |
|
|
99.56 |
52.55 |
|
Proposed Final Dividend on Equity Shares |
|
53.82
|
|
62.13 |
|
Corporate Dividend Tax on above |
|
7.03 |
|
7.96 |
| |
|
|
60.85 |
70.09 |
| Balance
carried to Balance Sheet |
|
|
117.54
|
90.96
|
|
Notes Forming Part of Accounts |
S |
|
|
|
|
Earnings Per Share in Rs. (Refer Note 7) |
|
|
|
|
|
Basic |
|
|
21.24 |
14.31 |
|
Diluted |
|
|
19.62 |
12.80 |
| |
|
|
|
|