CHAPTER – 5

FINANCIAL STATEMENT
Balance Sheet of Eastern Silk
------------------- in Rs. Cr. -------------------
Industries
Particulars Mar Mar '16 Mar '15 Mar '14 Mar '13
'17
12mth 12 mths 12 mths 12 mths 12 mths
s
Sources Of Funds
Total Share Capital 29.79 29.79 29.79 29.79 29.79
Equity Share Capital 15.79 15.79 15.79 15.79 15.79
Preference Share Capital 14.00 14.00 14.00 14.00 14.00
Reserves -43.32 -106.96 -85.13 -38.00 99.19
Networth -13.53 -77.17 -55.34 -8.21 128.98
Secured Loans 188.31 376.38 445.03 464.11 457.12
Unsecured Loans 14.74 14.74 14.74 14.74 14.99
Total Debt 203.05 391.12 459.77 478.85 472.11
Total Liabilities 189.52 313.95 404.43 470.64 601.09
Mar Mar '16 Mar '15 Mar '14 Mar '13
'17
12 12 mths 12 mths 12 mths 12 mths
mths
Application Of Funds
Gross Block 292.56 290.00 355.76 351.79 350.97
Less: Accum. 223.65 213.14 264.72 235.27 218.73
Depreciation
Net Block 68.91 76.86 91.04 116.52 132.24
Capital Work in Progress 0.00 1.30 0.06 4.08 3.51
Investments 0.00 0.00 0.00 0.00 3.26
Inventories 62.31 63.17 76.50 84.72 102.82
Sundry Debtors 45.98 113.78 183.47 219.72 311.28
Cash and Bank Balance 16.20 37.72 34.13 27.28 13.41
Total Current Assets 124.49 214.67 294.10 331.72 427.51
Loans and Advances 52.95 52.56 52.56 53.27 52.97
Total CA, Loans & 177.44 267.23 346.66 384.99 480.48
Advances
Current Liabilities 68.29 43.55 31.70 33.64 16.96
Provisions 2.55 1.88 1.63 1.31 1.43
Total CL & Provisions 70.84 45.43 33.33 34.95 18.39
Net Current Assets 106.60 221.80 313.33 350.04 462.09
Total Assets 175.51 299.96 404.43 470.64 601.10
Contingent Liabilities 19.18 17.25 11.83 14.35 14.50
Book Value (Rs) -3.49 -11.55 -8.78 -2.81 14.56

Eastern Silk Industries

Standalone Profit & Loss
------------------- in Rs. Cr. -------------------
account
 Particulars Mar 17 Mar Mar Mar Mar 13
16 15 14
  12 mths 12 12 12 12
mths mths mths mths
INCOME
Revenue From Operations 62.38 65.87 57.93 78.04 73.35
[Gross]
Revenue From Operations [Net] 62.38 65.87 57.93 78.04 73.35
Other Operating Revenues 1.04 4.60 3.09 1.59 2.51
Total Operating Revenues 63.42 70.47 61.02 79.63 75.86
Other Income 0.42 7.55 10.32 25.50 19.99
Total Revenue 63.84 78.03 71.33 105.13 95.85
EXPENSES
Cost Of Materials Consumed 12.49 12.13 11.34 8.92 9.29
Purchase Of Stock-In Trade 16.04 17.10 12.07 22.77 18.34
Operating And Direct Expenses 14.80 13.48 13.07 12.78 14.68
Changes In Inventories Of 0.64 13.20 9.67 22.23 77.61
FG,WIP And Stock-In Trade
Employee Benefit Expenses 8.13 8.19 7.33 5.67 4.47
Finance Costs 0.08 0.12 2.35 48.26 45.98
Depreciation And Amortization 10.66 13.79 20.23 15.68 17.82
Expenses
Other Expenses 75.83 80.08 49.63 102.20 23.06
Total Expenses 138.67 158.10 125.68 238.51 211.27
  Mar 17 Mar Mar Mar Mar 13
16 15 14
  12 mths 12 12 12 12
mths mths mths mths
Profit/Loss Before Exceptional, -74.83 -80.07 -54.35 -133.39 -115.42
ExtraOrdinary Items And Tax
Exceptional Items 119.96 58.25 17.47 -3.06 -1.87
Profit/Loss Before Tax 45.14 -21.83 -36.88 -136.45 -117.29
Tax Expenses-Continued Operations
Current Tax 0.07 0.00 0.00 0.00 0.00
Deferred Tax 0.00 0.00 0.00 0.00 -21.93
Total Tax Expenses 0.07 0.00 0.00 0.00 -21.93
Profit/Loss After Tax And 45.06 -21.83 -36.88 -136.45 -95.36
Before ExtraOrdinary Items
Profit/Loss From Continuing 45.06 -21.83 -36.88 -136.45 -95.36
Operations
Profit/Loss For The Period 45.06 -21.83 -36.88 -136.45 -95.36
 
Mar 17 Mar Mar Mar Mar 13
16 15 14
  12 mths 12 12 12 12
mths mths mths mths
OTHER ADDITIONAL INFORMATION
EARNINGS PER SHARE
Basic EPS (Rs.) 5.54 -2.93 -4.84 -17.45 -12.24
Diluted EPS (Rs.) 5.54 -2.93 -4.84 -17.45 -12.24
VALUE OF IMPORTED AND
INDIGENIOUS RAW MATERIALS
STORES, SPARES AND LOOSE TOOLS
DIVIDEND AND DIVIDEND PERCENTAGE

BIBLIOGRAPHY

BOOK REFERED

 Principles of Management- 3rd Revised Edition:2004- Macmillan India Ltd

WEB SITES

 www.easternsilk.com
 www.google.com