Balance Sheet of Ambuja Cements

------------------- in Rs. Cr. ------------------Jun '05

Dec '06

Dec '07

Dec '08

Dec '09

12 mths

18 mths

12 mths

12 mths

12 mths

Total Share Capital

270.38

303.37

304.48

304.52

304.74

Equity Share Capital

270.38

303.37

304.48

304.52

304.74

Share Application Money

0.03

1.14

0.00

0.34

0.24

Preference Share Capital

0.00

0.00

0.00

0.00

0.00

1,908.01

3,187.21

4,356.77

5,368.01

6,165.92

0.00

0.00

0.00

0.00

0.00

2,178.42

3,491.72

4,661.25

5,672.87

6,470.90

549.33

317.77

100.00

100.00

100.00

Sources Of Funds

Reserves
Revaluation Reserves
Networth
Secured Loans
Unsecured Loans

578.12

547.61

230.42

188.67

65.70

Total Debt

1,127.45

865.38

330.42

288.67

165.70

Total Liabilities

3,305.87

4,357.10

4,991.67

5,961.54

6,636.60

Jun '05

Dec '06

Dec '07

Dec '08

Dec '09

12 mths

18 mths

12 mths

12 mths

12 mths

Gross Block

3,709.17

4,542.50

5,231.05

5,706.94

6,224.13

Less: Accum. Depreciation

1,463.93

2,053.32

2,271.19

2,514.19

2,784.09

Net Block

2,245.24

2,489.18

2,959.86

3,192.75

3,440.04

118.10

634.93

696.79

1,947.22

2,714.43

1,125.06

1,133.12

1,288.94

332.39

727.01

317.00

408.82

581.60

939.75

683.24

Application Of Funds

Capital Work in Progress

Investments
Inventories
Sundry Debtors

45.84

89.95

145.68

224.60

152.20

Cash and Bank Balance

86.27

172.36

114.94

123.73

116.64

Total Current Assets

449.11

671.13

842.22

1,288.08

952.08

Loans and Advances

145.10

313.03

237.04

351.82

292.65

Fixed Deposits
Total CA, Loans & Advances
Deffered Credit

0.26

205.74

535.85

728.11

764.04

594.47

1,189.90

1,615.11

2,368.01

2,008.77

0.00

0.00

0.00

0.00

0.00

Current Liabilities

676.70

929.06

1,081.70

1,412.55

1,582.32

Provisions

106.77

168.68

493.55

470.56

674.04

Total CL & Provisions

783.47

1,097.74

1,575.25

1,883.11

2,256.36

Net Current Assets

-189.00

92.16

39.86

484.90

-247.59

6.47

7.71

6.22

4.28

2.71

3,305.87

4,357.10

4,991.67

5,961.54

6,636.60

332.70

506.71

1,193.08

1,224.42

647.12

16.11

23.01

30.62

37.26

42.47

Miscellaneous Expenses
Total Assets
Contingent Liabilities
Book Value (Rs)

Profit & Loss account of Ambuja Cements

------------------- in Rs. Cr. -------------------

Jun '05

Dec '06

Dec '07

Dec '08

Dec '09

12 mths

18 mths

12 mths

12 mths

12 mths

3,025.84

7,022.59

6,469.68

7,089.89

7,763.93

428.79

796.31

798.29

907.80

680.72

2,597.05

6,226.28

5,671.39

6,182.09

7,083.21

70.51

111.07

965.04

468.18

180.41

Income
Sales Turnover
Excise Duty
Net Sales
Other Income
Stock Adjustments

6.97

-10.92

58.79

62.62

-49.44

2,674.53

6,326.43

6,695.22

6,712.89

7,214.18

Raw Materials

435.52

1,007.07

953.32

1,251.08

1,642.09

Power & Fuel Cost

678.40

1,239.87

1,004.20

1,325.69

1,422.75

Employee Cost

106.44

235.98

209.46

266.94

274.29

Total Income
Expenditure

Other Manufacturing Expenses

92.97

185.59

124.50

145.61

161.66

502.01

1,273.55

1,254.41

1,276.80

1,432.55

Miscellaneous Expenses

61.77

122.96

140.63

215.64

202.19

Preoperative Exp Capitalised

-3.43

-10.82

-9.47

-21.19

-19.33

1,873.68

4,054.20

3,677.05

4,460.57

5,116.20

Jun '05

Dec '06

Dec '07

Dec '08

Dec '09

12 mths

18 mths

12 mths

12 mths

12 mths

Operating Profit

730.34

2,161.16

2,053.13

1,784.14

1,917.57

PBDIT

800.85

2,272.23

3,018.17

2,252.32

2,097.98

Interest

91.77

113.23

75.85

32.06

22.43

PBDT

709.08

2,159.00

2,942.32

2,220.26

2,075.55

Depreciation

195.41

326.12

236.34

259.76

296.99

Selling and Admin Expenses

Total Expenses

Other Written Off

0.94

1.07

0.47

1.72

1.57

Profit Before Tax

512.73

1,831.81

2,705.51

1,958.78

1,776.99

Extra-ordinary items
PBT (Post Extra-ord Items)
Tax

6.08

10.17

-194.92

11.28

26.52

518.81

1,841.98

2,510.59

1,970.06

1,803.51

50.52

338.73

741.49

567.79

585.14

Reported Net Profit

468.29

1,503.25

1,769.10

1,402.27

1,218.37

Total Value Addition

1,438.16

3,047.13

2,723.73

3,209.49

3,474.11

Preference Dividend

0.00

0.00

0.00

0.00

0.00

189.16

461.24

532.65

334.97

365.59

26.54

64.69

90.52

56.92

62.13

13,518.8

15,168.29

15,223.75

15,225.99

15,237.11

Equity Dividend
Corporate Dividend Tax
Per share data (annualised)
Shares in issue (lakhs)

3
3.46

9.91

11.62

9.21

8.00

Equity Dividend (%)

90.00

165.00

175.00

110.00

120.00

Book Value (Rs)

16.11

23.01

30.62

37.26

42.47

Earning Per Share (Rs)

Key Financial Ratios of Ambuja Cements

------------------- in Rs. Cr. -------------------

Jun
'05

Dec '06

Dec '07

Dec '08

Dec '09

Face Value

2.00

2.00

2.00

2.00

2.00

Dividend Per Share

1.80

3.30

3.50

2.20

2.40

Operating Profit Per Share (Rs)

5.40

14.25

13.49

11.72

12.58

Net Operating Profit Per Share (Rs)

19.21

41.05

37.25

40.60

46.49

Free Reserves Per Share (Rs)

12.08

19.66

27.48

34.13

39.35

Bonus in Equity Capital

71.98

64.15

63.92

63.91

63.86

Operating Profit Margin(%)

28.12

34.71

36.20

28.85

27.07

Profit Before Interest And Tax Margin(%)

20.39

29.13

31.35

24.04

22.32

Gross Profit Margin(%)

25.44

33.74

36.26

24.65

22.87

Cash Profit Margin(%)

25.29

29.04

34.61

21.17

20.46

Adjusted Cash Margin(%)

23.41

28.29

23.44

21.17

20.46

Net Profit Margin(%)

17.85

23.86

30.53

22.11

16.78

Adjusted Net Profit Margin(%)

15.93

23.09

19.35

22.11

16.78

Return On Capital Employed(%)

16.94

43.76

38.84

28.19

27.04

Return On Net Worth(%)

21.50

43.05

37.95

24.73

18.83

Adjusted Return on Net Worth(%)

19.24

41.77

24.09

19.07

18.35

Return on Assets Excluding Revaluations

11.45

27.56

30.58

37.23

42.45

Return on Assets Including Revaluations

11.45

27.56

30.58

37.23

42.45

Return on Long Term Funds(%)

16.94

43.77

38.84

28.19

27.04

Current Ratio

0.76

1.08

1.03

1.26

0.89

Quick Ratio

0.35

0.70

0.64

0.74

0.57

Debt Equity Ratio

0.52

0.25

0.07

0.05

0.03

Long Term Debt Equity Ratio

0.52

0.25

0.07

0.05

0.03

Interest Cover

6.28

17.61

26.02

52.66

80.15

Total Debt to Owners Fund

0.52

0.25

0.07

0.05

0.03

Financial Charges Coverage Ratio

8.24

19.73

28.68

60.58

93.32

Financial Charges Coverage Ratio Post Tax

8.24

17.17

27.45

52.89

68.63

8.28

15.41

9.96

7.54

11.36

Investment Valuation Ratios

Profitability Ratios

Liquidity And Solvency Ratios

Debt Coverage Ratios

Management Efficiency Ratios

Inventory Turnover Ratio

Debtors Turnover Ratio

58.66

91.70

48.14

33.39

37.60

Investments Turnover Ratio

9.55

17.19

11.13

7.54

11.36

Fixed Assets Turnover Ratio

1.07

2.28

1.68

1.10

1.15

Total Assets Turnover Ratio

0.79

1.43

1.14

1.05

1.08

Asset Turnover Ratio

0.70

1.37

1.09

1.10

1.15

Average Raw Material Holding

30.85

43.45

30.93

36.96

14.69

Average Finished Goods Held

7.58

6.26

7.00

8.01

4.58

26.20

7.99

2.53

28.24

-12.58

16.76

16.17

16.80

20.23

23.18

--

5.05

11.01

8.41

31.66

Selling Distribution Cost Composition

17.91

19.08

20.95

19.20

18.58

Expenses as Composition of Total Sales

10.48

8.36

4.90

3.69

2.60

Dividend Payout Ratio Net Profit

46.06

34.98

35.22

27.94

35.10

Dividend Payout Ratio Cash Profit

32.45

28.73

31.06

23.55

28.19

Earning Retention Ratio

48.40

63.85

44.44

63.75

63.97

Cash Earning Retention Ratio

64.89

70.49

54.13

70.81

71.21

1.84

0.49

0.24

0.22

0.11

Jun
'05

Dec '06

Dec '07

Dec '08

Dec '09

3.46

9.91

11.62

9.21

8.00

16.11

23.01

30.62

37.26

42.47

Number of Days In Working Capital

Profit & Loss Account Ratios
Material Cost Composition
Imported Composition of Raw Materials
Consumed

Cash Flow Indicator Ratios

AdjustedCash Flow Times

Earnings Per Share

Book Value