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Ans is needed for all years and please elaborate your answer so that I can understand how did it. Thank you.

CASE 25.2: RELIANCE INDUSTRIES LIMITED Data in Tables 25.2.1 and 25.2.2 relate to the Reliance company's performance over the years. Industries Ltd. Calculate relevant ratios and indicate the Table 25.2.1: Reliance Industries Ltd Summarized Profit & Loss Account during the Year Ending 31 March crore) 2001 2000 1999 1998 1997 1996 1995 23,024.17 15.847.16 10,624.15 9.719.18 6,441.65 5,726.66 EARNINGS Sales 5,388.15 Less: Excise Net Sales Other Income 2.578.91 20.445.26 976.79 2,451.53 13,395.63 976.56 1.929.46 8.694.69 629.19 1,893.13 7,826.05 363.09 1,283.85 5,157.80 1,507.83 4,218.83 271.85 1.517.13 3,871.02 312.59 318.78 5.476.58 Total Income PBDIT 21.422.05 5.561.72 14,372.19 4.746.61 9,323.88 3.317154 8.189.14 2.886,54 4,490.68 1,751.91 4.183.61 1.622.60 1,947.81 410.14 Depreciation PBIT Interest 1,565.11 3.996.61 1.215.99 1,278.36 3,468.25 1.008.00 855.04 2.462.50 728.81 667.32 12,219.22 503.55 1.537.67 169.97 336.51 1.415.40 110.13 278.24 1.344.36 279.51 2.780.62 2.460.25 1.733.69 1.715.67 1.367.70 1.305.27 PBT Tax 1,064.85 0.00 135.00 57.00 30.00 63.00 45.00 0.00 2.645.62 2.403.25 1.703.69 1.652.67 1.322.70 1.305.27 1.064.85 199.34 PAT Additional Information Equity Dividend Preference Dividend Corporate Dividend Tax EPS R) Book Value *) 447.85 4.77 350.16 23.39 299.24 0.00 0.83 384.65 35.57 46.22 22.04 103.65 326.81 10.33 63.64 16.94 46.20 24.63 0.00 40.86 17.56 276.22 28.00 0.00 27.87 179.07 0.00 28.85 184.77 23.34 113.86 100.12 96.83 157.66 Table 25.2.2: Reliance Industries Ltd Summarized Profit & Loss Account during the Year Ending at 31 March ( crore) 2001 2000 1999 1998 1997 1996 1995 CAPITAL & LIABILITIES Total Shareholders Funds Equity Share Capital Preference Capital Paid Up Reserves & Surplus 1,053.49 0.00 13,711.88 1,053.45 933.39 292.95 252.95 12,636.35 11,183.00 931.90 187.95 10,862.75 458.45 0.00 8,012.49 458.23 200.00 7,747.07 455.86 5.50 6.731.29 13,982.75 12,369.34 11,982.60 8,470.94 8,405.30 7.192.65 411.95 158.51 1,400.94 3,779.85 648.81 5,532.13 46.24 1,527.00 3,578.04 327.03 5,206.98 57.41 200.53 2,413.54 65.98 5,509.87 284.79 160.27 1,273.04 859.70 950.48 2,012.98 425.92 3,376.40 7625.48 607.19 1,780.95 591.88 1,329.48 405.63 816.19 11,520.24 10,685.29 8,247.33 4.721.45 2.939.92 14.765.37 Borrowings Term Loans Institutions 68.66 Term Loans Banks 0.00 Non Convertible Debentures 3,761.98 Working Capital Advances 237.76 Other Loans 6,067.39 Total Borrowings 10,135.79 Current Liabilities & Provisions Creditors 3.859.22 Provisions 863.50 Other 251.58 Total Current Liabilities 4,974.30 Total Liabilities 29,875.46 ASSETS Fixed assets Gross Block 25,355.99 Less: Accum. Depreciation 11,841.53 Net Block 13,514.46 Capital Work in Progress 512.38 Total Fixed assets 14.026.84 Investments 6.7 26.11 Current Assets 9,122.51 2.953.96 3.338.73 265.80 544.37 646.07 1,218.27 3,865.83 5,101.37 29,368.82 28.156.00 3.095.04 2.386.23 1,305.32 1.118.23 475.99 352.23 282.02 201.57 586.97 701.26 324.29 76.67 4.158.00 3,439.72 1.911.63 1.396.47 24,387.93 19,536.14. 15.038.38 11.529.04 24,330.95 18,650.33 17,848.33 10.955.92 6,885.50 5,315.40 9.214.06 6,691.93 4,944.47 3,491 20 2.141.34 1.805.78 15,116.89 331.42 11.958.40 3,437.83 12,903.86 2,069.43 7,464.72 3.708.63 4.744.16 4.488.71 3.509.62 3,075.09 15,448.31 6.066.56 7,853.95 15,396.23 4.294.59 8.465.18 14.973.29 11.173.35 4,282.33 4.455.68 5.132.31 3,907.11 9.232.87 1.952.91 3.852.60 6,584.71 1.993.41 2.950.92 Total Assets 29.875.46 29,368.82 28.156.00 24,387.93 19.536.14 15.038.38 11.529.04 Discussion Questions 1. How effectively has Reliance used its assets in generating sales? Show relevant ratios. 2. How has Reliance financed its assets? Do you think there is appropriate balance between equity and borrowed funds? 3. Critically evaluate Reliance's profitability. Show the ratios that contribute to the company profitability 4. Does Reliance have sufficient liquidity? Compute appropriate ratios in support of our view

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