Bharat Heavy Electricals Ltd.

ASSETS
Rs. Crore
Gross fixed assets
Land & building
Plant & machinery
Other fixed assets
Capital WIP
Less: cummulative depreciation
Net fixed assets

Mar-95

Mar-96

Mar-97

Mar-98 Mar 1999

1,803.77 1,934.81 2,175.63 2,490.47

365.22 369.27 378.47 388.90
1,283.07 1,393.21 1,443.96 1,505.00
76.52
94.98 282.13 529.00
78.96
77.35
71.07
67.57
1,152.79 1,245.60 1,351.44 1,464.70
650.98 689.21 824.19 1,025.77

2,736.63
412.12
1,611.93
633.09
79.49
1,594.83
1,141.80

Investments
In group / associate cos.
In mutual funds
Other investments

337.05
0.00
194.21
142.84

337.05
0.00
194.21
142.84

135.06
0.00
0.00
135.06

24.10
0.00
0.00
24.10

15.10
0.00
0.00
15.10

Marketable investment
In group / associate cos.
Quoted investment
Market value of quoted investment

336.73
0.00
194.21
241.41

336.73
0.00
194.21
215.86

134.34
0.00
0.00
0.00

0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00

0.00

0.00

0.00

0.00

0.00

Inventories
Raw materials and stores
Raw materials
Stores and spares
Finished and semi-finished goods
Finished goods
Semi-finished goods
Incomplete construction contracts
Stock real estate
Stock of shares / securities
Other stock

1,495.24 1,809.56 1,876.55 1,713.34

694.61 783.00 870.07 720.16
604.25 688.22 765.91 606.61
90.36
94.78 104.16 113.55
800.63 1,026.56 1,006.48 993.18
211.06 250.58 239.34 197.49
589.57 775.98 767.14 795.69
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

1,818.74
743.26
629.38
113.88
1,075.48
290.80
784.68
0.00
0.00
0.00
0.00

Receivables
Sundry debtors
Debtors exceeding six months
Accrued income
Advances / loans to corporate bodies
Group / associate cos.
Other cos.
Deposits with govt. / agencies
Advance payment of tax
Other receivables

3,757.87 4,175.69 4,713.10 4,849.61

2,485.16 2,962.17 3,239.11 3,131.00
1,155.81 1,556.25 1,692.29 1,536.72
49.76
47.19
45.00
38.08
197.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
197.00
0.00
0.00
0.00
62.38
78.61
75.47 101.49
594.75 624.10 821.91 953.81
565.82 463.62 531.61 625.23

5,283.71
3,436.95
1,346.03
41.11
0.00
0.00
0.00
102.77
1,107.35
595.53

Deferred tax assets

Cash & bank balance

Cash in hand
Bank balance
Intangible / DRE not written off
Intangible assets (goodwill, etc.)

483.32
483.32
475.38

344.85
344.85
302.16

350.15
350.15
338.42

415.31
4.35
410.96

537.43
5.80
531.63

91.11
0.00

58.00
0.00

31.00
0.00

13.04
0.00

2.31
0.00

DRE not written off

Share issue expenses not written off
VRS expenses not written off
Other misc. expenses not written off
Total assets

LIABILITIES
Rs. Crores

91.11
0.00
0.00
91.11

13.04
0.00
0.00
13.04

2.31
0.00
0.00
2.31

6,815.57 7,414.36 7,930.05 8,041.17

8,799.09

Mar-99

Net worth
Authorised capital
Issued capital
Paid-up equity capital
Preference capital
Bonus equity capital
Buy back shares
Buy back amount

1,154.42 1,488.50 1,924.83 2,595.02

325.00 325.00 325.00 325.00
244.76 244.76 244.76 244.76
244.76 244.76 244.76 244.76
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

3,082.46
325.00
244.76
244.76
0.00
0.00
0.00
0.00

Reserves and surplus

Free reserves
Premium reserves
Other free reserves
Specific reserves
Revaluation reserves

1,000.77 1,301.74 1,711.07 2,363.30

906.75 1,217.92 1,637.75 2,298.41
0.00
0.00
0.00
0.00
906.75 1,217.92 1,637.75 2,298.41
94.02
83.82
73.32
64.89
0.00
0.00
0.00
0.00

2,840.01
2,787.95
0.00
2,787.95
52.06
0.00

Borrowings
Total bank borr.
Short term bank borr.
Long term bank borr.
Borr from financial institutions
Commercial papers
Debentures
Fixed deposits
Foreign borr
Borr from corporate bodies
Borr from group companies
Borr from other companies
Borr from promoters/directors
Borr from govt./sales tax loans

1,075.96 1,028.92
3.48 149.94
3.48 149.94
0.00
0.00
211.35 172.42
0.00
0.00
0.00
0.00
0.02
0.02
835.27 694.71
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
21.07
9.24

Deferred tax liability

Current liabilities & Provisions
Current liabilities
Sundry creditors
Creditors for cap. goods

Mar-96

31.00
0.00
0.00
31.00

Mar-98

Current portion of long term debt

Secured borrowings
Unsecured borrowings
Foreign currency borrowings

Mar-95

58.00
0.00
0.00
58.00

Mar-97

895.70
153.70
153.70
0.00
132.82
0.00
0.00
0.00
453.62
150.00
0.00
150.00
0.00
4.92

387.22
0.00
0.00
0.00
93.29
0.00
0.00
0.02
292.57
0.00
0.00
0.00
0.00
1.26

167.78
0.00
0.00
0.00
67.98
0.00
0.00
0.02
99.78
0.00
0.00
0.00
0.00
0.00

194.37
119.86
958.61
835.27

204.31
234.48
794.17
694.71

147.23
211.59
686.44
453.62

212.98
18.76
370.71
292.57

106.72
9.76
160.35
99.78

0.00

0.00

0.00

0.00

0.00

3,352.15 3,734.02 3,693.76 3,241.43

561.00 757.16 725.33 1,096.25
0.00
0.00
0.00
0.00

3,397.19
1,299.21
0.00

Accrued interest
Other current liabilities
Adv against work-in-progress
Share application money
Provisions
Tax provisions
Dividend provisions
Dividend tax provisions
Other provisions

17.18
13.02
13.99
7.53
2,773.97 2,963.84 2,954.44 2,137.65
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
1,141.93 1,104.92 1,384.76 1,804.46
229.00 236.30 386.31 396.00
36.71
48.95
48.95
61.19
0.00
0.00
4.90
6.12
470.64 378.62 479.25 718.54

4.03
2,093.95
0.00
0.00
2,149.35
393.00
61.19
6.73
904.76

Total liabilities

6,815.57 7,414.36 7,930.05 8,041.17

8,799.09

Contingent Liabilities
Bills discounted
Total disputed taxes
Letters of credit
Total guarantees
Future lease payables
Liabilities on capital a/c

942.84 787.19 756.09 781.93

522.55 562.52 546.14 740.04
0.00
0.00
0.00
0.00
1,245.86 1,272.35 1,261.87 1,786.23
23.70
27.06
21.42
60.11
46.65
27.01
34.17
30.36

827.38
791.78
0.00
2,121.44
62.64
28.22

Mar 2000

Mar 2001

Mar 2002

Mar 2003

2,886.48
400.95
1,698.48
710.32
76.73
1,722.43
1,164.05

3,068.38
406.99
1,853.13
743.57
64.69
1,861.08
1,207.30

3,244.49
284.24
2,071.79
825.98
62.48
2,005.46
1,239.03

3,415.39
288.45
2,226.65
834.22
66.07
2,178.82
1,236.57

13.85
0.00
0.00
13.85

10.34
0.00
0.00
10.34

10.34
4.38
0.00
5.96

10.33
4.38
0.00
5.95

0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00

0.00
0.00
0.00
0.00

0.00

0.00

464.24

551.98

1,793.87
742.09
635.58
106.51
1,051.78
205.58
846.20
0.00
0.00
0.00
0.00

2,034.76
759.19
660.36
98.83
1,275.57
221.06
1,054.51
0.00
0.00
0.00
0.00

1,994.24
737.74
648.46
89.28
1,256.50
194.05
1,062.45
0.00
0.00
0.00
0.00

2,001.06
790.60
710.74
79.86
1,210.46
283.66
926.80
0.00
0.00
0.00
0.00

5,988.19
4,037.30
1,558.54
35.50
0.00
0.00
0.00
116.78
1,116.50
682.11

5,908.91
4,174.30
1,747.24
33.45
0.00
0.00
0.00
131.24
832.16
737.76

6,147.10
4,584.07
2,020.30
29.24
0.00
0.00
0.00
133.57
714.24
685.98

5,665.09
4,075.78
1,532.35
27.19
0.00
0.00
0.00
142.46
625.06
794.60

360.60
4.25
356.35

333.03
32.08
300.95

476.59
2.23
474.36

1,320.90
12.25
1,308.65

240.94
0.00

228.59
0.00

249.28
0.00

95.50
0.00

240.94
0.00
240.94
0.00

228.59
0.00
228.59
0.00

249.28
0.00
249.28
0.00

95.50
0.00
95.50
0.00

9,561.50

9,722.93

10,580.82

10,881.43

Mar-00

Mar-01

Mar-02

Mar-03

3,357.73
325.00
244.76
244.76
0.00
0.00
0.00
0.00

3,601.78
325.00
244.76
244.76
0.00
0.00
0.00
0.00

4,220.33
325.00
244.76
244.76
0.00
0.00
0.00
0.00

4,708.17
325.00
244.76
244.76
0.00
0.00
0.00
0.00

3,353.91
3,303.59
0.00
3,303.59
50.32
0.00

3,585.61
3,548.94
0.00
3,548.94
36.67
0.00

4,224.85
4,092.01
0.00
4,092.01
132.84
0.00

4,558.91
4,331.71
0.00
4,331.71
227.20
0.00

238.37
234.77
234.77
0.00
3.59
0.00
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00

1,023.27
590.34
590.34
0.00
120.29
312.63
0.00
0.01
0.00
0.00
0.00
0.00
0.00
0.00

663.46
126.56
126.56
0.00
15.61
0.00
500.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

528.63
0.00
0.00
0.00
4.69
0.00
500.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00

0.00
196.00
44.70
0.00

0.00
500.00
525.60
0.00

135.59
500.28
165.52
0.00

11.21
500.00
31.09
0.00

0.00

0.00

159.62

144.59

3,423.15
1,470.25
0.00

3,559.77
1,659.96
0.00

4,071.20
1,884.93
0.00

3,952.06
1,833.86
0.00

3.27
1,949.63
0.00
0.00
2,301.31
311.01
73.43
12.12
1,115.84

5.45
1,894.36
0.00
0.00
1,309.52
0.00
73.43
7.49
524.59

21.24
2,165.03
0.00
0.00
1,216.93
245.51
97.90
0.00
563.77

19.55
2,098.65
0.00
0.00
1,452.48
342.00
97.90
12.54
614.60

9,561.50

9,722.93

10,580.82

10,881.43

641.51
842.20
0.00
2,318.13
0.00
106.03

454.78
1,056.13
0.00
2,486.33
72.38
118.09

306.10
0.00
0.00
2,687.08
50.63
117.62

203.36
0.00
0.00
2,776.85
36.31
94.09

Bharat Heavy Electricals Ltd.: Profit & Loss Statement

Rs in crore
Mar-95
Mar-96
Sales
4,234.12
4,974.30
Other income
166.74
168.03
Expenses capitalised
0.00
0.00
Change in stocks
61.53
225.93
Raw material, stores, etc.
1,997.49
2,391.83
Power and fuel expenses
119.11
129.92
Total indirect taxes
353.56
424.97
Salaries and wages
681.72
1,036.57
Advertising expenses
0.00
0.00
Marketing expenses
6.96
3.19
Distribution expenses
0.00
0.00
Depreciation
92.32
96.82
Lease rent
0.00
0.00
Other financial charges
21.63
41.91
Tax provisions
229.00
236.30
PAT
140.93
350.16
PBDIT
587.78
838.10
PBDT
462.25
683.28
PBT
369.93
586.46
Dividends
36.71
48.95
Retained profits
104.22
301.21
DPS
1.50
2.00
Adjusted Closing Price
107.50
182.00
EPS
5.76
14.31

Mar-97
5,893.88
158.42
0.00
-20.07
2,611.83
153.56
502.93
873.86
0.00
4.35
0.00
107.97
0.00
0.01
386.31
463.19
1,116.62
957.47
849.50
53.85
409.34
2.00
393.50
18.92

Mar-98
6,647.00
194.05
0.00
-13.30
2,841.26
174.59
576.32
952.46
0.00
7.27
0.00
115.86
0.00
2.36
396.00
719.53
1,293.43
1,231.39
1,115.53
67.31
652.22
2.50
393.00
29.40

Mar-99
7,057.10
308.64
0.00
82.30
3,053.15
176.55
619.45
1,241.60
0.00
0.33
0.00
132.33
0.00
0.13
393.00
544.63
1,103.34
1,069.96
937.63
67.92
476.71
2.50
169.50
22.25

Mar-00
6,991.31
124.49
0.00
-23.70
2,815.91
182.12
626.72
1,132.97
0.00
8.45
0.00
140.86
0.00
2.04
311.01
599.44
1,075.00
1,051.31
910.45
85.54
513.90
3.00
100.30
24.49

Mar-01
6,753.90
117.87
0.00
250.72
3,053.47
194.70
646.81
2,170.20
0.00
21.51
0.00
148.40
0.00
0.00
0.00
312.61
504.77
461.01
312.61
80.92
231.69
3.00
157.35
12.77

Mar-02
7,656.89
132.94
0.00
-43.12
3,306.77
185.69
704.71
1,444.61
0.00
36.97
0.95
163.83
0.00
0.90
245.51
467.95
974.26
877.29
713.46
97.91
370.04
4.00
167.55
19.12

Mar-03
7,839.46
172.63
0.00
-51.24
3,160.38
199.96
743.41
1,504.64
0.00
51.85
10.71
186.13
0.00
0.02
342.00
444.51
1,027.42
972.64
786.51
110.45
334.06
4.00
229.65
18.16

Bharat Heavy Electricals Ltd.: Cash Flow Statement

Mar-95
Net Profit Before Tax & Extra Ord. Items
365.08
Depreciation
92.33
Interest Payable
103.90
Foreign exchange gain/loss
49.50
Write offs/amortisations
0.00
Profit on Sale of Investment
0.00
Profit on Sale of Assets
-0.49
Interest Income
-113.14
Dividend Income
0.00
Other Income Adjustments
0.00

Mar-96
582.33
96.82
112.91
47.55
0.00
0.00
-0.48
-111.68
0.00
0.00

Mar-97
864.40
108.02
159.14
-14.91
27.00
-21.14
-0.46
-83.95
0.00
0.00

Mar-98
1,021.67
124.18
59.68
7.18
17.96
0.00
-0.17
-130.36
0.00
-0.27

Cash Flow Before working capital change

Trade and Other Receivables
Inventories
Trade Payables

537.18
-164.03
-190.83
642.64

760.56
-309.73
-314.32
248.33

1,038.10
-335.50
-66.99
-26.63

1,099.87
68.81
163.21
-171.05

Cash Flow from operations

Interest paid
Direct taxes paid
Dividend tax paid

824.96
-103.47
-250.88
0.00

384.84
-116.89
-253.20
0.00

608.98
-158.17
-345.27
0.00

1,160.84
-66.14
-383.38
0.00

Cash Flow Before Extra Ordinary Items

Extra Ordinary Items

470.61
0.00

14.75
0.00

105.54
0.00

711.32
0.00

Cash flow from Operating Activities

470.61

14.75

105.54

711.32

Net Cash used in Investing Activities

Purchase of Fixed Assets
Sale of Fixed Assets
Acquisition of Companies
Purchase of Investment
Sale of Investment
Project Expenses
Loans to Subsidiary/Group cos
Loans to Other Companies
Interest Received
Dividend Received
Other Income

2.78
-103.15
1.16
0.00
-17.64
0.00
0.00
0.00
0.00
122.41
0.00
0.00

-21.73
-138.60
2.62
0.00
0.00
0.00
0.00
0.00
0.00
114.25
0.00
0.00

67.12
-247.49
5.32
0.00
0.00
223.14
0.00
0.00
0.00
86.15
0.00
0.00

-76.83
-328.36
2.36
0.00
-0.24
115.86
0.00
0.00
-4.38
137.93
0.00
0.00

Net Cash used in Financing Activity

Proceeds from Share Issue
Proceeds from Total Borr.
Proceeds from Long Term Borr.
Proceeds from Short Term Borr.
Repayment of Long Term Borr.
Repayment of Short Term Borr.
Share Issue Expenses
Dividend Paid
Other Financing Activity

-394.27
0.00
0.00
0.00
0.00
-357.56
0.00
0.00
-36.71
0.00

-277.95
0.00
0.00
0.00
0.00
-241.25
0.00
0.00
-36.70
0.00

-52.22
0.00
0.00
0.00
268.75
-272.06
0.00
0.00
-48.91
0.00

-535.42
0.00
0.00
0.00
0.00
-481.59
0.00
0.00
-53.83
0.00

Net Cash Flow

Opening cash balance
Closing cash balance
Closing cash balance

79.12

-284.93

120.44

99.07

401.61

480.73

195.80

316.24

480.73

195.80

316.24

415.31

Mar-99
943.08
143.32
31.66
7.67
0.00
0.00
-0.32
-224.53
0.00
0.07

Mar-00
915.93
154.11
21.66
0.00
0.00
-0.22
-1.20
-47.68
0.00
0.00

Mar-01
450.32
157.72
43.76
0.48
0.00
0.00
-1.64
-46.51
0.00
0.00

Mar-02
862.83
169.53
96.98
0.00
0.00
0.00
-1.84
-55.09
0.00
-5.37

Mar-03
956.22
185.33
54.47
0.00
0.00
0.02
-3.51
-67.81
0.00
0.78

900.95
-282.17
-105.40
346.39

1,042.60
-715.35
52.45
206.77

604.13
-318.66
-268.46
-425.92

1,067.04
-342.77
40.51
517.74

1,125.50
394.68
-6.83
-70.58

859.77
-35.16
-381.68
0.00

586.47
-22.42
-335.30
0.00

-408.91
-41.58
0.00
0.00

1,282.52
-81.19
-261.14
0.00

1,442.77
-56.17
-199.34
0.00

442.93
0.00

228.75
-289.13

-450.49
-125.36

940.19
-220.68

1,187.26
-0.01

442.93

-60.38

-575.85

719.51

1,187.25

-26.51
-260.24
3.46
0.00
0.00
8.93
0.00
0.00
0.00
221.34
0.00
0.00

-119.05
-181.50
4.18
0.00
0.00
4.98
0.00
0.00
0.00
53.29
0.00
0.00

-150.81
-199.35
0.00
0.00
0.00
0.00
0.00
0.00
0.00
48.54
0.00
0.00

-135.23
-207.14
13.09
0.00
0.00
0.00
0.00
0.00
0.00
58.82
0.00
0.00

-110.26
-186.65
6.53
0.00
0.00
0.00
0.00
0.00
0.00
69.86
0.00
0.00

-294.30
0.00
0.00
0.00
0.00
-227.11
0.00
0.00
-67.19
0.00

2.60
0.00
0.00
0.00
196.00
0.00
-125.41
0.00
-67.99
0.00

429.76
0.00
0.00
0.00
531.21
-16.13
0.00
0.00
-85.32
0.00

-440.73
0.00
0.00
636.46
0.00
0.00
-996.27
0.00
-80.92
0.00

-232.67
0.00
0.00
0.00
0.00
-134.54
-0.28
0.00
-97.85
0.00

122.12

-176.83

-296.90

143.55

844.32

415.31

537.43

360.60

333.04

476.59

537.43

360.60

63.70

476.59

1,320.91

Bharat Heavy Electricals Ltd.

Year

Mar-95
Apr-95
May-95
Jun-95
Jul-95
Aug-95
Sep-95
Oct-95
Nov-95
Dec-95
Jan-96
Feb-96
Mar-96
Apr-96
May-96
Jun-96
Jul-96
Aug-96
Sep-96
Oct-96
Nov-96
Dec-96
Jan-97
Feb-97
Mar-97
Apr-97
May-97
Jun-97
Jul-97
Aug-97
Sep-97
Oct-97
Nov-97
Dec-97
Jan-98
Feb-98
Mar-98
Apr-98
May-98
Jun-98
Jul-98
Aug-98
Sep-98
Oct-98
Nov-98

Closing
Price

Index
Closing
BSE
Sensex
115.00 3,260.96
107.50 3,133.28
121.00 3,351.48
121.00 3,247.36
110.00 3,386.97
104.00 3,346.76
106.00 3,493.21
95.00 3,423.47
80.00 2,994.29
88.00 3,110.49
83.50 2,931.84
110.00 3,391.99
122.50 3,366.61
182.00 3,826.72
176.00 3,724.97
179.50 3,812.52
173.25 3,536.94
176.50 3,514.61
178.75 3,239.48
182.50 3,163.78
195.50 2,890.50
208.00 3,085.20
222.00 3,382.47
260.00 3,651.91
292.50 3,360.89
393.50 3,841.11
419.75 3,755.10
378.75 4,256.09
426.75 4,305.76
385.00 3,876.08
362.50 3,902.03
385.25 3,803.24
340.25 3,560.29
347.00 3,658.98
270.00 3,224.36
320.00 3,622.22
360.00 3,892.75
393.00 4,006.81
360.50 3,686.39
251.00 3,250.69
215.50 3,211.31
229.90 2,933.85
281.20 3,102.29
236.50 2,812.49
234.20 2,810.66

Dec-98
Jan-99
Feb-99
Mar-99
Apr-99
May-99
Jun-99
Jul-99
Aug-99
Sep-99
Oct-99
Nov-99
Dec-99
Jan-00
Feb-00
Mar-00
Apr-00
May-00
Jun-00
Jul-00
Aug-00
Sep-00
Oct-00
Nov-00
Dec-00
Jan-01
Feb-01
Mar-01
Apr-01
May-01
Jun-01
Jul-01
Aug-01
Sep-01
Oct-01
Nov-01
Dec-01
Jan-02
Feb-02
Mar-02
Apr-02
May-02
Jun-02
Jul-02
Aug-02
Sep-02
Oct-02
Nov-02
Dec-02
Jan-03
Feb-03

262.60
257.30
245.60
237.50
169.50
203.90
246.00
256.00
317.00
273.00
268.00
241.50
210.00
173.90
144.10
125.00
100.30
121.20
133.45
118.85
132.70
104.00
102.55
128.45
163.50
167.50
161.85
142.00
157.35
188.15
176.40
153.95
153.75
119.55
129.80
146.15
140.60
147.80
168.15
168.85
167.55
152.55
177.60
174.30
177.20
159.65
149.50
164.85
172.60
178.25
210.05

3,055.41
3,315.57
3,399.63
3,739.96
3,325.69
3,963.56
4,140.73
4,542.34
4,898.21
4,764.42
4,444.56
4,622.21
5,005.82
5,205.29
5,446.98
5,001.28
4,657.55
4,433.61
4,748.77
4,279.86
4,477.31
4,090.38
3,711.02
3,997.99
3,972.12
4,326.72
4,247.04
3,604.38
3,519.16
3,631.91
3,456.78
3,329.28
3,244.95
2,811.60
2,989.35
3,287.56
3,262.33
3,311.03
3,562.31
3,469.35
3,338.16
3,125.73
3,244.70
2,987.65
3,181.23
2,991.36
2,949.32
3,228.82
3,377.28
3,250.38
3,283.66

Mar-03
Apr-03
May-03
Jun-03
Jul-03
Aug-03
Sep-03
Oct-03
Nov-03
Dec-03
Jan-04
Feb-04
Mar-04
Apr-04

223.40
229.65
256.65
268.95
263.65
351.10
404.05
481.50
446.10
507.95
512.75
580.90
604.50
586.35

3,048.72
2,959.79
3,180.75
3,607.13
3,792.61
4,244.73
4,453.24
4,906.87
5,044.82
5,838.96
5,695.67
5,667.51
5,590.60
5,655.09