Problem 3 On the basis of financial statements of ABC Lid. given below, comment on the asset utilization and profitability of ABC Lid. Income Statement ABC Ltd Rs.in crore) 2003-04 2002-03 2001-02 2000-01 1999-2000 Income Sales Tumover 9840.00 1682.647983067579.17 7572217 0834 6834.75 Other Income 14.30 145.21 1051 SOS Stock Adustment 135.30 1.90 31 427 8.34 Total income 10122.19 3883.30 1091.237744.41 8853.308001237744.41 7072.54 Expenditure Raw Materiais 1988 1512.60 151508154858 1543 38 1400.78 Eco Duty 4817.00 1.436204109.49405050 10503103 Power & Fuel Coul 118.96 74.23 62.43 3.30 40.64 Other Manufacturing TTS 110.19 2 0. Expenses Employee cost 270.07 2010 24695 34895 20100204 468.50 418.50 358 57 13453 160.32 35.56 30.41 18.se 5.70 1841.611520.0112928 103331 TON 172.50 1740.24134740104032 1559 87733 Seling &552.07 Administration Expenses Miscellaneous 14023 Expenses Less Preoperative 27.50 Expenditure Capitale Prolt before interest2056.42 depreciation & Tas Interest 7771 Profit before 1978.71 depreciation & Tax Depreciation 198.45 Profit before 178020 Tas 300.54 Profit after (PAT) 1180.72 PRL Balance brought2.5 forward Appropriations 11435 PAL al carried down 225 87 Equity Dividend 334.14 Ratindings 1221 55 79140 102.29 1600.30 128.05. 50404 38.51 31469 1006207244 20120 1873 160.00 128.40 500 51 02.04 26250 245.42 77902 2012 TE 1000 110.44 134 6 Balance Sheet ABC Ltd (Rs. in crore) 2003-04 2002-03 2001-02 2000-01 19 2000 24541 151612 22342176213 548 TI SOURCES OF FUNDS Share Capital 24751 245 41 24551 Reserves & Surplus 416647 32001 255392 Total Shareholders 4493.98353451 2799.33 Funds Secured loans 19924 568.77 16:32 Unsecured Loans 853 29317 BOS Total 469652498345 APPLICATION OF FUNDS Gross Block 360458 2521991 187113 Less Accum 11019 707.42 592.25 Depreciation 70314 S8104 3456. 3061.17 135567 1599.00 454 431 11410 110.27 1090 30095 Aten 9160911.14 91174 3373 208. D 170 Net Black 20020 181451 127.00 Capital Work 38727 14618 27430 progress Investments 00893 100694 307 Current loans & Advance Inventories 11802712 93248 Sundry Debler 1943 106.54 108 11766 Cash and Bank 4421 35.41 27 a Balance Loans and Advances 1951.78 174466 1324 Loss Current Liab Prov Current Les 2063.12 1261.13 116.40 Provision 49013 349.77 Net Current Assets 11:54 1425 9117 Total 4693.52 4393.45 34522 Contingent Libres 2012 170 AS 38390 125644 1015.52 1103 324 11332 3486. 142.20 30025 1212.45 2001.17 42.77