Abb vs. Alstom

8/10/2019 Abb vs. Alstom

1/10

Particulars Dec-12 Dec-11 Dec-10 Dec-09

INCOME :

Sales Turnover 8,071.85 7,772.26 6,609.32 6,494.57

Excise Duty 461.37 323.29 322.2 257.37

Net Sales 7,610.48 7,448.97 6,287.12 6,237.20

Other Income 7.26 41.46 85.52 72.57

Stock Adjustments 0.06 84.53 9.93 43.49

Total Income 7,617.80 7,574.96 6,382.57 6,353.26

EXPENDITURE :

Raw Materials 4,980.25 5,045.24 2,587.07 1,866.25

Power & Fuel Cost 51.2 46.24 30.47 27.16

Employee Cost 623.96 586.82 488.3 386.72

Other Manufacturing Expenses 561.34 521.84 2275.92 2742.82

Selling and Administration Expenses 757.12 718.06 503.89 453.23

Miscellaneous Expenses 281.32 263.08 310.05 258.38

Less: Pre-operative Expenses Capitalised 0 0 0 1.55

Total Expenditure 7,255.19 7,181.28 6,195.70 5,733.01

Operating Profit 362.61 393.68 186.87 620.25

Interest 57.01 46.39 34.98 44.34

Gross Profit 305.6 347.29 151.89 575.91

Depreciation 94.17 79.55 51.66 48.51

Profit Before Tax 211.43 267.74 100.23 527.4

Tax 62.96 104.8 41.5 180.53

Fringe Benefit Tax 0 -3.8 0 -3.87

Deferred Tax 7.53 -17.8 -4.5 -3.9

Net Profit before Minority Interest 140.94 184.54 63.23 354.64

Minority Interest 0 0 0 0

Net Profit after Minority Interest 140.94 184.54 63.23 354.64

Extraordinary Items 1.04 -2.15 -2.46 -4.83

Adjusted Net Profit 139.9 186.69 65.69 359.47Adjst. below Net Profit 0 0.16 0.16 0

P & L Balance brought forward 85.57 54.69 60.72 55.66

Statutory Appropriations 0 0 0 0

Appropriations 137.88 153.88 69.42 349.58

P & L Balance carried down 88.63 85.51 54.69 60.72

Dividend 63.57 63.57 42.38 42.38

Preference Dividend 0 0 0 0

Equity Dividend (%) 150 150 100 100

EPS before Minority Interest (Unit Curr.) 6.16 8.22 2.65 16.4

EPS after Minority Interest (Unit Curr.) 6.16 8.22 2.65 16.4

Book Value (Unit Curr.) 122.78 119.61 114.38 113.72

Balance Sheet - ABB(Rs in crores)


2/10

Dec-08 Particulars Mar-13 Mar-12 Dec-10

INCOME :

7,340.24 Sales Turnover 3,331.86 4,429.72 4,267.21

503.21 Excise Duty 179.98 290.65 247.18

6,837.03 Net Sales 3,151.88 4,139.07 4,020.03

130.42 Other Income 33.87 29.82 17.11

73.78 Stock Adjustments 133.61 84.71 122.63

7,041.23 Total Income 3,319.36 4,253.60 4,159.77

EXPENDITURE :

2,083.50 Raw Materials 1,062.59 1,506.92 2,900.31

27.43 Power & Fuel Cost 28.31 24.94 23.97

400.4 Employee Cost 324.6 363.62 344.79

2991.58 Other Manufacturing Expenses 1,219.18 1522.19 57.33

458.25 Selling and Administration Expenses 265.32 254.55 261.17

165.16 Miscellaneous Expenses 123.17 117.57 121.34

4.39 Less: Pre-operative Expenses Capitalised 0 0 0

6,121.93 Total Expenditure 3,023.81 3,789.79 3,708.91

919.3 Operating Profit 295.55 463.81 450.89

49.38 Interest 91.6 124.8 75.64

869.92 Gross Profit 203.95 339.01 375.22

36.68 Depreciation 81.33 101.43 93.6

833.24 Profit Before Tax 122.62 237.58 281.62

285.82 Tax 41.13 70.84 81.06

9.01 Fringe Benefit tax 0 0 0

-9 Deferred Tax -2.62 4.33 13.82

547.41 Reported Net Profit 84.11 162.41 186.74

0

547.41

4.58 Extraordinary Items 12.88 10.26 0.01

542.83 Adjusted Net Profit 71.23 152.15 186.730 Adjst. below Net Profit 0 0 0

62.79 P & L Balance brought forward 765.58 765.58 669.69

0 Statutory Appropriations 0 0 0

554.54 Appropriations 58.85 66.52 68.89

55.66 P & L Balance carried down 790.84 765.58 669.69

46.62 Dividend 43.04 43.04 43.04

0 Preference Dividend 0 0 0

110 Equity Dividend % 90 90 90

25.46 Earnings Per Share-Unit Curr 3.21 5.2 7.51

25.46 Earnings Per Share(Adj)-Unit Curr 3.21 5.2 7.51

99.32 Book Value-Unit Curr 38.05 36.64 41.9

Balance Sheet - ALSTOM(Rs in crores)


3/10

Dec-09 Dec-08

3,724.12 2,826.63

158.25 185.24

3,565.87 2,641.09

20.43 25.74

-39.2 88.6

3,547.10 2,755.43

2,453.39 1,827.66

17.28 13.95

290.79 208.18

51.92 71.3

240.45 164.88

62.85 59.73

0 14.01

3,116.68 2,331.69

430.42 423.74

76.27 42.69

354.15 381.05

61.13 34.03

293.02 347.02

71.01 126.62

1.3 4.55

28.71 -10.47

192 226.32

-4.16 -17.81

196.16 244.130 0

551.84 429.39

0 0

69.55 72.98

551.84 429.39

43.04 43.04

0 0

90 90

7.72 9.16

7.72 9.16

36.19 30.27


4/10

Particulars Dec-12 Dec-11 Dec-10 Dec-09

SOURCES OF FUNDS :

Share Capital 42.38 42.38 42.38 42.38

Reserves Total 2,555.67 2,492.14 2,381.32 2,381.32

Total Shareholders Funds 2,598.05 2,534.52 2,423.70 2,423.73

Minority Interest 0 0 0 0

Secured Loans 0 0 0 0Unsecured Loans 327.68 0 0 0

Total Debt 327.68 0 0 0

Total Liabilities 2,925.73 2,534.52 2,423.70 2,423.73

APPLICATION OF FUNDS :

Gross Block 1,585.62 1,461.94 997.84 879.26

Less: Accumulated Depreciation 378.28 293.54 231.76 206.13

Less: Impairment of Assets 0 0 0 0

Net Block 1,207.34 1,168.40 766.08 673.19

Lease Adjustment 0 0 0 0

Capital Work in Progress 117.01 74.43 57.7 116.34

Investments 52.47 50.7 16.8 16.88

Current Assets, Loans & Advances

Inventories 920.4 925.55 697.85 729.4

Sundry Debtors 3,264.38 3,082.51 2,925.97 2,857.73

Cash and Bank 76.67 255.88 587.13 524.14

Loans and Advances 578.3 542.31 715.27 637.99

Total Current Assets 4,839.75 4,806.25 4,926.22 4,749.26

Less : Current Liabilities and Provisions

Current Liabilities 3,324.13 3,523.68 3,163.04 2,986.93

Provisions 240.74 227.35 184.65 145.05

Total Current Liabilities 3,534.67 3,751.03 3,347.69 3,131.98

Net Current Assets 1,305.08 1,055.22 1,578.53 1,617.28

Miscellaneous Expenses not written off 0 0 0 0

Deferred Tax Assets 124.7 105.7 76.49 61.82

Deferred Tax Liability 109.9 83.3 71.9 61.82

Net Deferred Tax 14.8 22.4 4.59 0.1

Total Assets 2,696.70 2,371.15 2,423.70 2,423.70

Contingent Liabilities 629.68 452.16 306.74 181.58

Balance Sheet - ABB(Rs in crores)


5/10

Dec-08 Particulars Mar-13 Mar-12 Dec-10 Dec-09

SOURCES OF FUNDS :

42.38 Share Capital 47.82 47.82 47.82 47.82

2,381.85 Reserves Total 862.36 828.61 954.55 818.77

2,118.95 Total Shareholders Funds 910.18 876.43 1,002.37 866.59

0

0.02 Secured Loans 0 0 0 00 Unsecured Loans 417.66 593.5 895.28 767.61

0.2 Total Debt 417.66 593.5 895.28 767.61

2,118.97 Total Liabilities 1,327.84 1,469.93 1,897.65 1,634.20

APPLICATION OF FUNDS :

766.48 Gross Block 1035.6 996.35 1,194.89 1,083.86

220.65 Less : Accumulated Depreciation 415.84 347.62 323.35 245.47

0 Less:Impairment of Assets 0 0 0 0

545.83 Net Block 619.36 648.73 871.54 838.39

0 Lease Adjustment 0 0 0 0

137.52 Capital Work in Progress 53.54 18.2 22.39 51.89

61.22 Investments 0 0 0.2 0

Current Assets, Loans & Advances

642.65 Inventories 694.18 555.35 480.84 379.05

2,975.89 Sundry Debtors 1,714.60 1,802.30 2,140.02 1,599.43

348.23 Cash and Bank 78.12 33.11 119.92 132.53

733.06 Loans and Advances 958.81 678.19 833.24 764.87

4,699.83 Total Current Assets 3,445.75 3,068.95 3,574.02 2,875.88

Less : Current Liabilities and Provisions

3,161.90 Current Liabilities 2,636.54 2,149.28 2,463.98 2,032.08

159.63 Provisions 133.01 96.08 102.71 109.89

3,321.53 Total Current Liabilities 2,769.55 2,245.36 2,566.69 2,141.97

1,378.30 Net Current Assets 676.2 823.59 1,007.33 733.91

0 Miscellaneous Expenses not written off 0 0 0 0

45.85 Deferred Tax Assets 26.53 21.11 33.24 38.23

45.85 Deferred Tax Liability 38.88 36.08 37.05 28.22

-3.8 Net Deferred Tax -12.35 -14.97 -3.81 10.01

2,118.97 Total Assets 1,337.15 1,475.55 1,897.65 1,634.20

139.06 Contingent Liabilities 40.26 21.89 41.26 8.86

Balance Sheet - ALSTOM(Rs in crores)


6/10

Dec-08

47.82

677.19

725.01

0 469.22

469.22

1,194.23

407.52

210.44

0

197.08

0

449.97

0

386.21

1,188.94

45.09

539.85

2,160.09

1,540.49

111.14

1,651.63

508.46

0

43.48

4.76

38.72

1,194.23

6.27


7/10

Particulars Dec-12 Dec-11 Dec-10

Cash and Cash Equivalents at Begining of the year 254.54 577.66 522.91

Net Cash from Operating Activities -50.22 118.08 220.68

Net Cash Used In Investing Activities -339.76 -361.16 -99.18

Net Cash Used In Financing Activities 210.59 -79.94 -66.85

Net Inc/(Dec) In Cash And Cash -179.39 -323.02 54.65

Cash And Cash Equivalents At End Of The Year 75.15 254.54 577.56

Cash Flow - ABB(Rs in crores)


8/10

Particulars Mar-13 Mar-12 Dec-10

Cash and Cash Equivalents at Begining of the year 33.11 119.93 131.07

Net Cash from Operating Activities 402.79 252.11 109.32

Net Cash Used In Investing Activities -61.73 -137.18 -113.15

Net Cash Used In Financing Activities -296.05 -201.75 -7.11

Net Inc/(Dec) In Cash And Cash 45.01 -86.82 -11.14

Cash And Cash Equivalents At End Of The Year 78.11 33.11 119.93

Cash Flow - ALSTOM(Rs in crores)


9/10


10/10

Key Ratios - ALSTOM

Years Mar-13 Mar-12 Dec-10 Dec-09 Dec-08

Debt-Equity Ratio 0.6 0.8 0.9 0.8 0.5

Long Term Debt-Equity Ratio 0 0 0.1 0.1 0

Current Ratio 1.1 1.1 1 1 1.1

Fixed Assets 3.3 3.2 3.8 5 7.5

Inventory 5.3 6.8 9.9 9.7 8.6

Debtors 1.9 1.8 2.3 2.7 2.6

Interest Cover Ratio 2.1 2.9 4.7 4.8 9.1

PBIDTM (%) 8.3 10.5 10.6 11.6 15

PBITM (%) 5.9 8.2 8.4 9.9 13.8

PBDTM (%) 5.5 7.7 8.8 9.5 13.5

CPM (%) 4.6 6 6.6 6.8 9.2

APATM (%) 2.1 3.7 4.4 5.2 8

ROCE (%) 13.7 17.1 20.2 26.1 42.3

RONW (%) 8 13.8 20 24.2 35.6

PE 45.9 36.2 43.2 34.9 22.3

EBIDTA 295.6 463.8 450.9 430.4 423.7

DivYield 1.2 1 0.6 0.7 0.9

PBV 3.9 5.1 7.7 7.4 6.8

EPS 3.2 5.2 7.5 7.7 9.2

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Abb vs. Alstom