(Rs. crore)

ITEM

1995-96

1996-97

1997-98

1

2

3

4

INCOME AND VALUE OF PRODUCTION

1.

Sales $

2,10,846

2,36,533

2,48,844

2.

Increase(+) or decrease(-) in stock

4,900

- 620

1,840

3.

Value of production (1+2)

2,15,747

2,35,913

2,50,684

4.

Other income

7,199

8,168

8,715

Of which,

(a) Dividends

1,220

985

1,020

(b) Interest

2,750

3,201

3,180

(c) Rent

419

520

602

5.

Non-operating surplus(+)/deficit(-)

1,529

1,142

1,616

6.

TOTAL (3 + 4 + 5)

2,24,475

2,45,223

2,61,016

EXPENDITURE AND APPROPRIATIONS

7.

Raw material, components, etc., consumed

1,08,170

1,18,900

1,23,767

8.

Stores and spares consumed

10,467

11,288

12,255

9.

Power and fuel

14,545

17,303

20,028

10.

Other manufacturing expenses

3,684

3,910

4,027

11.

Salaries, wages and bonus

13,514

15,114

16,754

12.

Provident fund

1,250

1,446

1,725

13.

Employees' welfare expenses

2,135

2,424

2,740

14.

Managerial remuneration

233

270

345

15.

Royalty

406

492

937

16.

Repairs to buildings

638

686

734

17.

Repairs to machinery

2,514

2,884

3,042

18.

Bad debts

348

492

575

19.

Selling commission

1,516

1,696

2,073

20.

Rent

1,782

2,286

2,501

21.

Rates and taxes

932

1,037

1,020

22.

Advertisement

1,740

1,996

2,390

23.

Insurance

893

1,036

1,155

24.

Research and development

463

572

620

25.

Other expenses

20,202

20,253

22,703

26.

Depreciation provision

7,196

9,385

10,644

27.

Other provisions(other than tax & depreciation)

164

112

282

28.

Gross profits

30,152

30,500

29,080

29.

Interest

11,085

14,462

15,825

30.

Operating profits

19,067

16,039

13,254

31.

Non-operating surplus(+)/deficit(-)

1,529

1,142

1,616

32.

Profits before tax

20,596

17,180

14,870

33.

Tax provision

3,981

4,658

4,159

34.

Profits after tax

16,615

12,523

10,711

35.

Dividends

4,315

4,371

4,185

(a) Ordinary

4,281

4,309

4,119

(b) Preference

34

62

66

36.

Profits retained

12,300

8,152

6,527

37.

TOTAL (7 TO 28 + 31)

2,24,474

2,45,225

2,61,016

$ Net of 'rebates and discounts' and 'excise duty and cess'.