ExcelDataPro.

com
Asian Paints Ltd Income Statement Comparative Horizontal Ananlysis
For Years Ended March 31, 2016 and 2015
2016 2015 Variance
Description
Amount Amount Amount Percentage
INCOME

Revenue from sale of goods and services (Net of discounts) ₹ 13,992.15 ₹ 12,878.80 ₹ 1,113.35 8.64%

Less: Exicse duty ₹ 1,533.50 ₹ 1,393.13 ₹ 140.37 10.08%

Revenue from sale of goods and services (Net of discounts ₹ 12,458.65 ₹ 11,485.67 ₹ 972.98 8.47%
and excise duty)
Other Operating Revenue ₹ 187.23 ₹ 163.16 ₹ 24.07 14.75%
Other Income ₹ 225 ₹ 187 ₹ 38.48 20.60%
Total Revenue (I) ₹ 12,871.18 ₹ 11,835.65 ₹ 1,035.53 8.75%
EXPENSES
Cost of Materials Consumed 20A ₹ 5,842.29 ₹ 6,191.72 $ (349.43) -5.64%
Purchases of Stock-in-Trade ₹ 524.42 ₹ 380.56 ₹ 143.86 37.80%
Changes in inventories of finished goods, work-in-progress
₹ 162.86 $ (132.43) ₹ 295.29 -222.98%
and stock-in-trade
Employee Benefits Expense ₹ 664.20 ₹ 606.94 ₹ 57.26 9.43%
Other Expenses ₹ 2,972.55 ₹ 2,591.52 ₹ 381.03 14.70%
Total (II) ₹ 10,166.32 ₹ 9,638.31 ₹ 528.01 5.48%
EARNINGS BEFORE INTEREST, TAX, DEPRECIATION AND
₹ 2,704.86 ₹ 2,197.34 ₹ 507.52 23.10%
AMORTISATION (EBITDA) (I) -(II)
Depreciation and Amortisation Expense ₹ 238.36 ₹ 223.11 ₹ 15.25 6.84%
Finance Costs ₹ 23.40 ₹ 27.13 $ (3.73) -13.75%
PROFIT BEFORE EXCEPTIONAL ITEMS AND TAX ₹ 2,443.10 ₹ 1,947.10 ₹ 496.00 25.47%
Exceptional Items ₹ 65.35 ₹ 13.53 ₹ 51.82 383.00%
PROFIT BEFORE TAX ₹ 2,377.75 ₹ 1,933.57 ₹ 444.18 22.97%
Less : Tax Expense
Current Tax ₹ 743.74 ₹ 616.42 ₹ 127.32 20.65%
Excess tax provision for earlier years $ (3.33) $ (0.96) $ (2.37) 246.88%
Deferred Tax expense/(benefit) 5 ₹ 39.91 $ (9.29) ₹ 49.20 -529.60%
Total Tax Expenses ₹ 780.32 ₹ 606.17 ₹ 174.15 28.73%
PROFIT AFTER TAX ₹ 1,597.43 ₹ 1,327.40 ₹ 270.03 20.34%