Tata Motors Financial Statement 2012

Topics: Generally Accepted Accounting Principles, Balance sheet, Liability Pages: 4 (1018 words) Published: December 28, 2012
Income statement
| FY 2011-2012| FY 2010-2011 (in rscrores)| 1.Income| | |
Revenue from operations| 59,220.94| 51,183.95|
Less ; excise duty| 4914.38| 4095.51|
| 54,306.56| 47,088.44|
Other income| 574.08| 422.97|
| | |
2.Expenses | | |
Cost of material consumed| 33,894.82| 27,058.47|
Purchase of products for sale| 6,433.95| 7,363.13|
Changes in inventories of finished goods, work-in-progress and products for sale| (623.84)| (354.22)| Employee cost / benefits expense| 2,691.45| 2,294.02|

Depreciation and amortization expense| 1,606.74| 1,360.77| Product development expense/ Engineering expenses| 234.25| 141.23| Other expenses| 8,405.51| 6,738.35|
Expenditure transferred to capital and other accounts| (907.13)| (817.68)| Total expenses| 52,954.37| 45,167.77|
Profit before tax| 1,926.27| 2,343.64|
Exchange loss (net) including on revaluation of foreign currency borrowings, depositsand loans| 445.24| 147.12| Provision for loan given to a subsidiary| 130.00| -|
3.Profit before tax| 1,341.03| 2,196.52|
4.Tax expense| 98.80| 384.70|
5.Profit after tax from continuing operations (3-4)| 1,242.23| 1,811.82| From the above income statement it is observed that the expenses are more in the year 2012 and profit after tax is less in the year 2011. Balance sheet WHAT THE COMPANY OWNED| | |

1. Fixed assets| 19,056.19| 17,216.10|
2. Non-current investments| 17,903.29| 22,538.2|
3. Long term loans and advances| 3,488.11| 3,429.64|
4. Other non-current assets| 100.42| 34.84|
5. Foreign currency monetary item| 258.35| -|
6. Current assets| 13,712.92| 10,971.66|
Total assets| 54,519.28| 54,190.45|
WHAT THE COMPANY OWED| | |
1. Long-term borrowings| 8,004.50| 9,679.42|
2. Other long-term liabilities| 1,959.63| 2,221.05|
3. Long term provisions| 646.26| 1,253.25|...
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