195172929.xlsx.

ms_officeABB Fianancial Assesments

Sr. NO 1 2 3 4 5

Observations and Findings on Financial Data analysis of ABB Ltd. balance Sheet Slower growth rate , lesser order Back log and falling profit , encourages to keep lesser on surpluses (Refer Note 04, Balance as per last financial statement) Lower growth rate First time gone for short tem borrowings. Decrease trade payables by leveraging the goodwill of short term borrowings , specially for POWER SYSTEM divisions. Increase in account receivables and late payment Notes 16 notifies that current account bank balance amount has been reduced drastically (114.5 Cores) and discontinuation of deposit accounts. In short liquidity management has been taken in to account. Income Statements

Sr. NO 1 2 Due to Increase in Excise duty on POWER Products, and increase in PP and PS Exports(Refer page 61/110 Segment Reporting). Revenue has gone down in transformers , having ABB`s core competency and major product in market. 2011 was good year for arbitrage and Foreign exchange benefits , where 25.5 Core were earned, apart from that interest Income has gone down due to two reasons Taking borrowings , As a counter point reserves has not gone down but still 12.5 Cr is reduced in previous year. Company has gone for Acquiring and Expanding the business sector specific growth. Implementation of Operation Excellence and programmed for JIT Refer Note 19.Reduction of Metal and Alloy Inventories. Saving on consumption , and declaring alternative Saturday off. Creating Superannuation's o actual basis, and with the with the withdrawn. Increases in Expanses Inspire of lesser profit better dividends are offered ,which can be seen by total turnover / revenue line as well. Since retained earning is compromised EPS has fallen by 26% , which indicate that share value is overrated. Below average rate performance. Dividend of Rs 3/ Share is allotted. Key Financial Indicators Appropriations are made for :With the declining profit 670 MINR from 870 MINR , still higher dividents were offered , which causes the reduction in surplus. General reserves are reduced. Reduction in current tax , since Investments are done. Stable share prices

3 4 5 6 7 8 9 10 11 Sr. NO 1 2 3 4 5

6 Long term share buyers , more on operation oriented organization in power and automation field. Recommendations ABB Ltd is well established conglomerate in India over 50 years in India and since 110 Yrs globally. How ever with changing export and import demand , share holding pattern , increasing competition and slow project completion rates has brought organization to go for expanding and achieving operational excellence , which is continuously making efficient cost utilization as well as by reducing to order backlog and better payment cycles.

Presently ABB looks on slimming strategy along with focused in-house production capacity , as foreign exchange attracting products and services are developed in-house by choosing risk profile of vendors by changing the measures. ABB is following coherent inclusivity with growth parameters.

ABB Standalone Balance Sheet Dec '12 Sources Of Funds Total Share Capital Equity Share Capital Share Application Money Preference Share Capital Reserves Revaluation Reserves Networth Secured Loans Unsecured Loans Total Debt Total Liabilities Dec '11 Change 2012-2011 Avg 0% 0% 0% 0% Remarks

42.38 42.38 0 0 2,555.67 0 2,598.05 0 327.68 327.68 2,925.73 Dec '12 12 mths

42.38 42.38 0 0 2,492.14 0 2,534.52 0 0 0 2,534.52

3% 3%

Slower growth rate , lesser order 7% Back log and falling profit , 6% Lower growth rate -33% -33% First time gone for short tem borrowings. Decrease trade paybles by leveraging the goodwill of short term borrowings , specially for POWER 6% SYSTEM devisions.

15% Dec '11 12 mths

Application Of Funds Gross Block Less: Accum. Depreciation Net Block Capital Work in Progress Investments Inventories Sundry Debtors 1,555.95 348.61 1,207.34 117.01 52.47 920.4 3,264.38 1,461.94 293.54 1,168.40 83.92 50.7 925.55 3,082.51 6% 19% 3% 39% 3% -1% 6% Increase in account recevables and 25% late payment 11% 30% -7% 43% 14% 1% Notes 16 notifies that current account bank balance amount has been reduced drasticaly (114.5 Crores) and discontinuation of deposit accounts. In short liqudity mamgment has been taken in to -13% account. 2% 1% 10499% 2% 4% 15% 5% -2% 6% 33% 7%

Cash and Bank Balance Total Current Assets Loans and Advances Fixed Deposits Total CA, Loans & Advances Deffered Credit Current Liabilities Provisions Total CL & Provisions Net Current Assets Miscellaneous Expenses Total Assets Contingent Liabilities Book Value (Rs)

76.67 4,261.45 831.73 0 5,093.18 0 3,297.82 246.45 3,544.27 1,548.91 0 2,925.73 757.74 122.6

195.87 4,203.93 793.31 68.49 5,065.73 0 3,601.18 233.05 3,834.23 1,231.50 0 2,534.52 538.36 119.6

-61% 1% 5% -100% 1% -8% 6% -8% 26% 15% 41% 3%

Standalone Profit & Loss account

Income Sales Turnover

Dec '12 8,026.38

Dec '11 7,721.23 4%

Avg. 2% Due to Increase in Exise duty on POWER Products, and increase in PP and PS Exports(Refer page 61/110 Segment Reporting).

Excise Duty Net Sales Other Income Stock Adjustments Total Income Expenditure

461 7,565.38 7.05 0.69 7,573.12

323.29 7,397.94 41.46 0 7,439.40

43% 2% -83% 2%

-8% 3% 328% 0% 3% 0% Implementation of Oparation Exellance and programme for JIT Refer Note 19.Reduction of Metal and Alloy Inventories. 2011 was good year for arbitrage and Foreign exchange benefits , where 25.5 Crore were earned, apart from that interest Income has gone down due to two reasons Taking

Raw Materials Purchage of Traded Goods Power & Fuel Cost Employee Benefits etc Other Manufacturing Expenses subcontracting Charges Depricition and Ammortization Total Expenses

4,976.35 263.50 51.15 619.6 691.48 479.34 94.09 7,081.42 Dec '12 12 mths

5,517.76 320.16 42.35 586.82 586.82 434.67 79.55 7,488.58 Dec '11 12 mths 304.71 393.67 46.39 347.28 79.54 0 267.74 3.96 271.7 87 1,575.47

-10% -18% 21% 6% 18% 10% 18% -5%

4% 0% 17% 14% 127% 3% -55% 8% Saving on consumption , and declaring alternative Saturday off. Creating Supperannuations o actua bassis, and with the with the withdrawn.

Operating Profit PBDIT Interest PBDT Depreciation Other Written Off Profit Before Tax Extra-ordinary items PBT (Post Extra-ord Items) Tax Total Value Addition Preference Dividend

336.49 343.54 43.24 300.3 94.09 0 206.21 0 206.21 68.8 2,252.84

10% -13% -7% -14% 18% -23% -24% -21% 43%

-18% 3% 0% 7% 31% 16% 18% 6% 14%

Increases in Expances

Inspite of lesser profit better dividents are offered ,which can be seen by total turnover / revenue line as well. Equity Dividend Corporate Dividend Tax Per share data (annualised) Shares in issue (lakhs) Earning Per Share (Rs) Equity Dividend (%) Book Value (Rs) 2,119.08 6.48 150 122.6 2,119.08 8.71 150 119.6 -26% 0% 3% 25% 14% 7% Since retained earning is compromized EPS has fallen by 26% , which indicate that share value is overrated. Below avreage rate performance. 63.57 10.31 63.57 10.31 0% 0% 14% 12%

General reserves are reduced. Reduction in current tax , since Investments are done.

Stable share prices

Long term share buyers , more on oparation oriented organization in power and automation field.