Rs in Crore

FinShiksha
ASSETS 2017 2016 2015
Non-current assets
Property, plant and equipment 63,916 63,958 55,366
Capital work-in-progress 1,741 4,073 13,960
Investment property 24 25 25
Goodwill (on consolidation) 17,135 17,735 16,530
Other intangible assets 3,611 3,955 4,654
Intangible assets under development 73 140 194
Equity accounted investments 1,566 1,492 1,382
Financial assets
Investments 4,639 3,256 3,006
Loans 151 137 143
Others 472 396 282
Deferred tax assets (net) 850 841 646
Advance tax assets (net) 5 4 6
Other non-current assets 1,128 1,125 1,691
Total non current assets 95,312 97,138 97,885

Current assets
Inventories 18,291 16,787 19,713
Financial assets
Investments 8,952 7,689 6,503
Trade receivables 8,275 7,918 9,272
Cash and cash equivalents 8,233 4,262 4,647
Bank balances other than above 28 145 945
Loans 185 41 41
Others 2,433 2,406 2,010
Current tax assets 14 17 37
Other current assets 4,686 5,454 5,406
Total current assets 51,096 44,720 48,575
Assets classified as held for sale 103 129 158
Total assets 51,198 44,849 48,733

Liabilities 2017 2016 2015

Equity
Equity Share Capital 223 205 205
Other Equity 45,836 40,402 40,448
Equity attributed to the owners of the company 46,059 40,607 40,653
Non-controlling interest 6 381 1,017
Total equity 46,065 40,988 41,670

Non Current Liabilities

Financial Liabilities
Borrowings 51,855 57,929 55,131
Trade payables 0 2 2
 Other financIal liabilities 545 536 264
Long Term Provisions 6,960 7,329 6,858
Deferred tax liabilities(net) 2,867 2,938 3,472
Other Non-Current Liabilities 522 556 622
Total Non-Current Liabilities 62,750 69,289 66,347

Current Liabilities
Financial Liabilities
Borrowings 6,596 9,019 13,459
Trade Payables 17,858 15,058 16,177
Other current financial Liabilities 10,091 4,367 5,794
Short Term provisions 1,024 1,001 833
current tax liability 902 1,035 851
Other current liabilities 1,225 1,230 1,485
Total Current Liabilities 37,695 31,709 38,600
Liabilities directly associated with assets classified as held for sale 0 0 1
Total equity and Liabilities 146,511 141,987 146,618
 (Rupees in crore)
FinShiksha
Income 2017 2016 2015
Revenue from operations 102,631 101,202 106,696
Other income 1,111 1,189 1,105
Total Income 103,742 102,390 107,800
Expenses
Cost of material and services consumed 58,397 58,135 66,133
Purchase of stock-in-trade 89 1 37
Changes in inventories of finished goods, stock-in-trade
(2,824) and 1,283
work-in-progress
(1,238)
Excise duty on sale of goods 2,448 2,443 2,414
Employee benefits expense 8,546 8,086 7,991
power and fuel 8,515 9,180 8,379
Impairment loss of Property, Plant and Equipment12 and Intangible
161 Assets (Net)
97
Finance costs 5,742 5,134 4,178
Depreciation and amortisation expense 4,457 4,347 3,493
Other expenses 15,014 13,259 14,035
Total Expenses 100,395 102,028 105,520
Profit before Share of loss of joint ventures3,347
and associate and362
tax 2,280
Share of loss of joint ventures and associates (net)
(25) 172 175
Profi t before Tax 3,314 (43) 340
Tax expense
Current tax 1,321 1,009 1,017
Deferred tax 519 (398) (125)
total tax 1,433 498 256
Profit for the year 1,882 (541) 854

EBITDA
EBIT

Ratios
EBITDA Margin
EBIT Margin
Net Profit Margin

Return on Equity
Return on Capital Employed

Debt / Equity
Interest Coverage

Receivable Turnover Ratio

Inventory Turnover Ratio
Payables Turnover Ratio
Fixed Asset Turnover Ratio
Asset Turnover Ratio
Costs as % of sales
Employee Benefit Expenses

Cost of Debt