|
Ambuja Cements Limited
Profit &
loss Account
for the year ended 31st December,2008 |
| |
Schedule |
Rs.
in Crores
|
2008
(12 months)
Rs. in Crores
|
2007
(12 months)
Rs. in Crores |
| INCOME |
|
|
|
|
|
Sales (Refer Note 13 (e)) |
|
7,089.89
|
-
|
6,396.20
|
|
Less: Excise duty |
|
855.24 |
|
764.84 |
|
|
|
|
6,234.65 |
5,631.39 |
| Other
Income |
N |
|
175.39
|
193.53
|
| |
|
|
6,410.04 |
5,824.89 |
| |
|
|
|
| EXPENDITURE |
|
|
|
| Manufacturing
Expenses |
O |
4,470.90
|
-
|
3,595.71
|
|
Interest and Finance Charges |
P |
32.06 |
- |
75.85 |
|
Depreciation and Amortization |
|
259.76 |
|
236.34 |
| |
|
4,769.72
|
- |
3,907.90 |
|
Less Self consumption of clinker cement
and limestone |
|
|
|
|
|
(net of excise duty Rs 2.88 crores: 31.12.2007 - Rs
2.23 crores) |
|
(21.19) |
|
(9.47) |
| |
|
|
4,748.53 |
3,898.43 |
|
Profit before Tax and exceptional items |
|
|
1,661.51 |
1,926.46 |
|
Exceptional items |
Q |
|
308.33 |
785.89 |
|
Profit before tax |
|
|
1,969.84 |
2,712.35
|
|
Provision for Taxation |
|
|
- |
- |
|
-- Current Tax |
|
560.00 |
- |
737.00 |
|
Income Tax for earlier year |
|
- |
|
202.00 |
|
- Deferred Tax |
|
2.37 |
|
(0.90) |
|
- Fringe Benefit Tax |
|
5.20
|
|
5.15
|
|
|
|
|
567.54 |
943.25 |
|
Net Profit |
|
|
1,402.27 |
1,769.10 |
|
Balance as per last account |
|
|
348.20
|
272.06
|
|
Credit balance of profit and
loss account of erstwile |
|
|
|
|
|
Indo Nippon Special cements
Limited (INSCL) |
|
- |
|
0.21 |
|
Transferred from Debenture Redemption Reserve |
|
|
-- |
30.00 |
|
Transferred to general Reserve |
|
|
1,000.00 |
1,100.00 |
|
Interim Dividend on Equity Shares |
|
182.71 |
|
380.41
|
|
Dividend Distribution Tax on above |
|
31.05 |
|
64.65 |
|
|
|
|
213.76 |
445.06 |
|
Proposed final dividend on equity Shares |
|
152.26 |
|
152.24 |
|
Dividend Distribution Tax on above |
|
25.87 |
- |
25.87 |
|
|
|
|
178.13 |
178.11 |
|
Balance carried to balance sheet |
|
|
358.58 |
348.20
|
|
Earnings per share in Rs. (Refer Note 8) |
|
|
Rs |
Rs |
|
Basic |
|
|
9.21 |
11.64 |
|
Diluted |
|
|
9.21 |
11.61 |
|
Notes forming part of the accounts |
R |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|