Asianpaints

Common-sized Profit and Loss Account

for the year ended 31st March, 2010

Group no: 02
 Common-sized Profit & Loss Account For the
year ended 31st March, 2010
(Rs. In crore) Common
size %age

INCOME
Sales 5528.82 107.88%
Less: Excise Duty 403.74 7.88%
Net Sales 5125.08 100%
Other income 143.85 2.81%
5268.93 102.81%
EXPENDITURE
Material Cost 2840.24 55.42%
Employee Cost 260.84 5.09%
Manufacturing, administrative, selling & distribution 1014.00 19.79
expenses

4115.08 80.29%
 Continued…
(Rs. In crore) Common
size %age

PROFIT BEFORE INTEREST, DEPRECIATION , TAX & 1153.85 22.51%

EXCEPTIONAL ITEMS
Less: Interest 13.76 0.27%
Less: Depreciation/ Amortization 60.74 1.19%
PROFIT BEFORE TAX AND EXCEPTIONAL 1079.35 21.06%
Add/(Less): Exceptional items 25.46 0.50%
PROFIT BEFORE TAX AND PRIOR PERIOD ITEMS 1104.81 21.56%
(Less): Prior period items (net) (0.14) (0.002%)
PROFIT BEFORE TAX 1104.67 21.55%
Less: Provision for Taxation
Current Tax 334.01 6.51%
Deferred Tax 2.45 0.05
Fringe Benefit Tax
(Excess) tax provision for earlier years (6.29) (0.12%)
 Continued…
(Rs. In crore) Common size
%age
PROFIT AFTER TAX 774.50 15.11%
Add: Balance brought forward from previous year 230 4.49%
AMOUNT AVAILABLE FOR APPROPRIATION 1004.50 19.60%
APPROPRIATIONS
Dividend on equity shares:
-Interim dividend 81.53 1.60%
-Proposed Final dividend 177.45 3.46%
Tax on Dividend (includes tax on proposed dividend 43.33 0.85%
Transfer to General Reserve 102.19 1.99%
Balance carried to Balance sheet 600.00 11.70%
1004.50 19.60%