Escolar Documentos
Profissional Documentos
Cultura Documentos
Inventory
100
Net Sales
Rs. In
Lakhs
Y
EAR
INVENTORY
(RS)
NET SALES
PERCENTAGE
(%)
2011-2012
2,460.77
5,482.11
44.89%
2012-2013
2,673.80
5,767.64
46.36%
2013-2014
3,191.29
6,103.82
52.28%
2014-2015
3,298.71
6,275.52
52.56%
ANALYSIS:
From the above table it can be analyzed that there is a increasing level in
the rate of inventory to net sales is 44.895% during the year 2011-2012. Where as
there it has been increased to 46.36% in the year 2012-2013. In the year 20132014 it increased to 52.28%, however there is increase in the year 2014-2015 with
the52.56%.
Page 1
Material Management
GRAPH NO : 5.1
GRAPH SHOWING INVENTORY TO NET SALES
54.00%
52.28%
52.56%
2013-2014
2014-2015
52.00%
50.00%
48.00%
46.36%
46.00%
44.89%
44.00%
42.00%
40.00%
2011-2012
2012-2013
INTERPRETATION:
From the above graph it can be inferred that due to the increase in the demand for Wire
products their has been slight increase in the level of inventory to sales in the year 20142015 when compared to previous years.
Page 2
Material Management
Rs. in Lakhs
YEAR
INVENTORY
(Rs)
CURRENT
ASSET(RS)
PERCENTAGE
(%)
2011-2012
2460.77
6292.29
39.11
2012-2013
2673.8
12133.27
22.03
2013-2014
3191.29
11828.45
26.97
2014-2015
3298.71
11991.62
27.5
ANALYSIS:From the above table we can observe that in the year 2012-2013 there is a
increase in the current asset value when compare to other years , but in the other years
also there is a increase in the current asset and inventory.
GRAPH NO : 5.2
Page 3
Material Management
GRAPH SHOWING INVENTORY TO CURRENT ASSETS RATIO
51
50.47
50
49.18
49
48
47.43
46.92
47
46
45
2011-2012
2012-2013
2013-2014
2014-2015
INTERPRETATION:From the above graph it can be inferred that there is a more increase in the value of raw
materials due to more purchases during the year 2014-2015. So why there is more
increase in the values of current assets and inventory during the year 2014-2015 when
compared to other years.
TABLE NO:5.3
Page 4
Material Management
TABLE SHOWING INVENTORY TO TOTAL ASSETS RATIO
INVENTORY TO TOTAL ASSETS RATIO =
.in
Inventory
100
Total Inventory
YEAR
INVENTORY(
RS)
TOTAL
ASSETS(RS)
PERCENTAGE(
%)
2011-2012
2460.77
5003
49.18
2012-2013
2673.8
5636.96
47.43
2013-2014
3191.29
6322.86
50.47
2014-2015
3298.71
7029.85
46.92
Rs
Lakhs
ANALYSIS:The above table shows that there is increase in the total assets due to increase
in the current assets. In the year 2011-2012 the total assets were less when
compared to 2014-2015, and the percentage has been decreased in the year 20142015.
GRAPH NO:5.3
Page 5
Material Management
GRAPH SHOWING INVENTORY TO TOTAL ASSETS RATIO
51
50.47
50
49.18
49
48
47.43
46.92
47
46
45
2011-2012
2012-2013
2013-2014
2014-2015
INTERPRETATION:From the above graph it can be inferred that there is increase in both
inventory and the total assets during the year 2014-2015 and percentage wise it is
decreased when compared to previous years, because there is increase in both the
inventory and the total assets during the year 2014-2015.
TABLE NO:5.4
Page 6
Material Management
TABLE SHOWING INVENTORY TO WORKING CAPITAL
Inventory
INVENTORY TO WORKING CAPITAL RATIO = Working Capital 100
Rs. In Lakhs
YEAR
INVENTORY
(RS)
WORKING
CAPITAL
PERCENTAGE
(%)
2011-2012
2460.77
-1347.23
-1.83
2012-2013
2673.8
3500.6
0.76
2013-2014
3191.29
4421.35
0.72
2014-2015
3298.71
5093.68
0.65
ANALYSIS:From the above table it is clear that there is a negative value in the working
capital ratio during the year 2011-2012 due to the increase in the current
liabilities=Rs 7639.52Lakhs and the current assets =6292.29Lakhs. So why the
working capital is having the negative value.
GRAPH NO:5.4
Page 7
Material Management
GRAPH SHOWING INVENTORY TO WORKING CAPITAL.
1
0.76
0.72
0.65
2012-2013
2013-2014
2014-2015
0.5
0
2011-2012
-0.5
-1
-1.5
-2
-1.83
INTERPRETATION:
From the above graph it can be inferred that due to increase in the current
liabilities
company during the year 2014-2015, so why there is a slight variations in the
working capital.
TABLE NO:5.5
Page 8
Material Management
TABLE SHOWING ANNUAL CONSUMPTION OF RAW
MATERIALS
Rs.in Lakhs
YEAR
ANNUAL
CONSUMPTION OF
R/M(IN LAKHS)
2011-2012
2123.08
2012-2013
3072.8
2013-2014
3824.67
2014-2015
3139.53
ANALYSIS:From the above table it is clear that the annual consumption of raw
material has been increased in the year 2013-2014 when compared to other previous
years, but there is a decrease in the values of annual consumption of raw materials during
the year 2014-2015.
GRAPH NO:5.5
GRAPH SHOWING CONSUMPTION OF RAW MATERIAL
Page 9
Material Management
.
4500
3824.67
4000
3500
3139.53
3072.8
3000
2500
2123.08
2000
1500
1000
500
0
2011-2012
2012-2013
2013-2014
2014-2015
INTERPRETATION:From the above graph it can be inferred that there is more annual
consumption of raw materials in the year 2013-2014, may be due to a more production
and more demand to a product, and there is a increase in the consumption of raw
materials year by year.
TABLE NO:5.6
TABLE SHOWING THE STOCK OF WORK IN PROGRESS.
Page 10
Material Management
YEAR
WORK IN PROGERSS(IN
LAKHS)
2011-2012
58.99
ANALYSIS:-
2012-2013
113.56
the
the
the
161.42
2014-2015
196.86
GRAPH NO:5.6
GRAPH SHOWING STOCK OF WORK IN PROGRESS
Page 11
Material Management
250
196.86
200
161.42
150
113.56
100
58.99
50
0
2011-2012
2012-2013
2013-2014
2014-2015
INTERPRETATION:From the above graph it can be inferred that during the year 20142015 there is more increase in the value, because the orders during this year is more when
compared to other years.
Material Management
Inventory conversion period =
No of days a year
Stock turnover ratio
.
YEAR
NO OF DAYS
IN A YEAR
STOCK
TURNOVER
RATIO
INVENTORY
CONVERSION
PERIOD (DAYS)
2011-2012
365
2.19
167
2012-2013
365
2.25
162
2013-2014
365
2.08
175
2014-2015
365
1.93
189
ANALYSIS:From the above table it is clear that the stock turnover ratio has been
decreased from 2014-2015, when compared to other years, but there is a increase in the
inventory conversion period during the year 2014-2015.
Page 13
Material Management
2.3
2.2
2.25
2.19
2.08
2.1
2
1.93
1.9
1.8
1.7
2011-2012
2012-2013
2013-2014
2014-2015
TABLE NO:5.8
TABLE SHOWING AVERAGE STOCK OF RAW MATERIAL.
Page 14
Material Management
Average
stock
of
raw
material
YEAR
O/S OF RAW
MATERIAL
C/S OF
RAW
MATERIAL
AVERAGE
STOCK OF
RAW
MATERIAL
2011-2012
3024.54
3135.77
3080.15
2012-2013
3135.77
3669.03
3402.4
2013-2014
3669.03
4084.93
3876.98
2014-2015
3583.56
3583.56
3583.56
ANALYSIS:From the above table it can be analyzed that the average stock of raw
material in the year 2011-2012 was 3080.15, 2012-2013 was 3402.4, 2013-2014 was
3876.98 and in the year 2014-2015 was 3583.56.This shows the increasing trend of
average stock of raw material.
GRAPH NO:5.8
Page 15
Material Management
GRAPH SHOWING AVERAGE STOCK OF RAW MATERIAL
4500
3876.98
4000
3500
3583.56
3402.4
3080.15
3000
2500
2000
1500
1000
500
0
2011-2012
2012-2013
2013-2014
2014-2015
INTERPRETATION:
From the above graph it can inferred that there is no drastic changes in the average stock
when compare to previous year 2013-2014. The company has maintained consistency in
purchase of raw material during the year 2014-2015.
Material Management
TABLE SHOWING CURRENT RATIO
Rs. In Lakhs
YEAR
CURRENT
ASSETS
CURRENT
LIABILITIES
CURRENT
RATIO
2011-2012
6,292.29
7,639.52
0.82
2012-2013
12,133.31
8,632.67
1.4
2013-2014
11,828.45
7,407.10
1.59
2014-2015
11,991.62
6,897.94
1.74
ANALYSIS:
From the above table it is clear that the current assets are more when compare to current
liabilities except in the year 2011-2012, but there is a increase in the current assets and
current liabilities, and also the current ratio during the year 2014-2015.
GRAPH NO:5.9
Page 17
Material Management
GRAPH SHOWING CURRENT RATIO
2
1.74
1.8
1.59
1.6
1.4
1.4
1.2
1
0.8
0.82
0.6
0.4
0.2
0
2011-2012
2012-2013
2013-2014
2014-2015
INTERPRETATION:
From the above graph it can be inferred that there is a slight increase in the year 20142015, which indicates good liquidity position of the business in the year 2014-2015.
TABLE NO:5.10
Page 18
Material Management
TABLE SHOWING DEBTORS TURNOVER RATIO
Net annual sales
Drs turnover ratio= Average Debtors
Average Drs =
Rs. In Lakhs
YEAR
NET
ANNUAL
SALES
AVERAGE
DRS
DRS
TURNOVER
RATIO
2011-2012
5,482.11
2535.8
2.16
2012-2013
5,767.64
2,795.10
2.06
2013-2014
6,103.82
3010.81
2.02
2014-2015
6,275.52
3731.6
1.68
ANALYSIS:
From the above table it can be analyzed that there is a increase in the year on year and
also the average Drs has been increased in the year 2014-2015, but the Drs turnover
ratio has been decreased in the year 2014-2015.
GRAPH NO:5.10
Page 19
Material Management
GRAPH SHOWING DRS TURNOVER RATIO
2.5
2.16
2.06
2.02
1.68
1.5
1
0.5
0
2011-2012
2012-2013
2013-2014
2014-2015
INTERPRETATION:
From the above graph it can be inferred that due to lower ratio in the year 2014-2015, the
management has to give more interest towards the collection of the money in a better
way.
TABLE NO:5.11
Page 20
Material Management
TABLE SHOWING STOCK TURNOVER RATIO
Stock turnover ratio =
Average inventory =
Sales
Average inventory
STOCK
TURNOVER
RATIO
YEAR
SALES
AVERAGE
INVENTORY
2011-2012
5,482.11
2,498.83
2.19
2012-2013
5,767.64
2,567.28
2.25
2013-2014
6,103.82
2,932.54
2.08
2014-2015
6,275.52
3,245
1.93
ANALYSIS:
From the above table it is observed that there is a increase in the Average inventory and
the Sales during the year 2014-2015, when compared to other previous years, but the
stock turnover ratio has been decreased in the year 2014-2015.
Page 21
Material Management
GRAPH NO : 5.11
GRAPH SHOWING STOCK TURNOVER RATIO
2.3
2.2
2.25
2.19
2.08
2.1
2
1.93
1.9
1.8
1.7
2011-2012
2012-2013
2013-2014
2014-2015
INTERPRETATION:
From the above graph it can be inferred that the company has more inventory by the
anticipation of the sales which have not occurred in the year 2014-2015, so the stock
turnover ratio has been decreased during these year.
TABLE NO:5.12
Page 22
Material Management
TABLE SHOWING CURRENT ASSET TURNOVER RATIO
Rs. In Lakhs
YEAR
SALES
CURRENT
ASSETS
CURRENT ASSET
TURNOVER
RATIO
2011-2012
5,482.11
6,292.29
0.87
2012-2013
5,767.64
2,133.27
0.47
2013-2014
6,103.82
11,828.45
0.52
2014-2015
6,275.52
11,991.62
0.52
ANALYSIS:
From the above table it is clear that there is a decrease in the current assets during the
year 2011-2012 due to the cash & bank balances & the capital work in progress values,
in the year 2012-2013 due to the gradual increase in the current assets the Current asset
turnover ratio has been decreased.
GRAPH NO :5.12
Page 23
Material Management
TABLE SHOWING CURRENT ASSET TURNOVER RATIO
1
0.87
0.9
0.8
0.7
0.6
0.52
0.52
2013-2014
2014-2015
0.47
0.5
0.4
0.3
0.2
0.1
0
2011-2012
2012-2013
INTERPRETATION:
From the above graph it can be inferred that there is no much impact on the business ,
because the ratio is constant during the year 2013-2014, 2014-2015 which implies the
company has made more product sales with minimum investments in the current assets
during these years.
Page 24
Material Management
TABLE NO : 5.13
TABLE SHOWING AVERAGE COLLECTION PERIOD
Average period=
YEAR
NO OF
DRS
AVERAGE
WORKING TURNOVER COLLECTION
DAYS
RATIO
PERIOD
2011-2012
365
2.16
169
2012-2013
365
2.06
177
2013-2014
365
2.02
181
2014-2015
365
1.68
217
ANALYSIS:
The above table depicts the average collection period due to changes in the debtor
turnover ratio the collection period has been increased. The Dr,s turnover ratio has been
decreased year by year due to increase in the net annual sales and the average Drs.
Page 25
Material Management
GRAPH NO : 5.13
GRAPH SHOWING AVERAGE COLLECTION PERIOD
250
217
200
181
177
169
150
100
50
0
2.16
2011-2012
2.06
2012-2013
2.02
2013-2014
1.68
2014-2015
INTERPRETATION:
From the above graph it can be inferred that the company has not followed the stringent
collection procedure so the collection period has been increased in the year 2014-2015.
Page 26
Material Management
TABLE NO:5.14
TABLE SHOWING INVENTORY TURNOVER RATIO
Cost of goods sold
INVENTORY TURNOVER RATIO Average inventory
YEAR
COST OF
GOODS SOLD
AVERAGE
INVENTORY
INVENTORY
TURNOVER
RATIO
2011-2012
3144.67
2498.83
1.26
2012-2013
3579.09
2567.28
1.39
2013-2014
3806.93
2932.54
1.29
2014-2015
3630.89
3245
1.12
ANALYSIS:
From the above table it is clear that there is a fluctuations in the values during the year
2013-2014 and in the year 2014-2015 when compare other previous years.
Page 27
Material Management
1.39
1.29
1.26
1.12
1.2
1
0.8
0.6
0.4
0.2
0
2011-2012
2012-2013
2013-2014
2014-2015
INTERPRETATION:
From the above graph it is inferred that there is a decrease in the ratio due to reduction in
the demand and also the high inventory in the year 2014-2015.
Page 28
Material Management
TABLE NO : 5.15
TABLE SHOWING STOCK TURNOVER IN DAYS
STOCK TURNOVER IN DAYS = AVERAGE STOCK* 365 DAYS/
COST OF GOODS SOLD
Rs. In Lakhs
YEAR
AVERAGE STOCK *
365 DAYS
COST OF
GOODS SOLD
STOCK
TURNOVER IN
DAYS
2011-2012
2498.83*365
3144.67
290
2012-2013
2567.28*365
3579.09
262
2013-2014
2932.54*365
3806.93
281
2014-2015
3245*365
3630.89
326
ANALYSIS:
From the above table it shows that the average stock of the company has been increased
due to the increase in the production of the products and the addition of some of the
products during the year 2014-2015.
Page 29
Material Management
GRAPH NO:5.15
GRAPH SHOWING STOCK TURNOVER IN DAYS
4000
3579.09
3806.93
3630.89
3500 3144.67
3000
2500
2000
COST OF GOODS
SOLD
1500
1000
500
290
262
281
326
STOCK TURNOVER IN
DAYS
INTERPRETATION:
From the above graph it can be inferred that the company holds the inventory for 326
days during the year 2014-2015, because of the decrease in the sales or demand to the
products during this year.
Page 30
Material Management
CHAPTER- 6
FINDINGS
Objective of the study:1.
4.
3.
4.
5.
6.
7.
8.
9.
10.
11.
Scope of the study:The study is helps to analyses the Material managements in Tata Steel LtdWire Division and the main objective is to reallocate the any defects made by the
firm helps to utilization.
Page 31
Material Management
FINDINGS
The percentage of the Inventory to Net sales has been increased in the year 20142015 when compared to other years.
Due to increase in the Inventory and the Current assets the inventory to current
ratio has been increased in the year 2014-2015.
The percentage o the working capital has been increased from -1.83 to , 65 during
the year 2014- 2015.
The net sales of the company as increased in the year 2014 2015, as a result of
this inventory to net sales as increased to 52.56%.
The increase in the total assets in the year 2014-2015 the percentage of the
inventory to total assets has been decreased to 46.92% in the year 2014-2015.
The annual consumption of the raw materials has been increased to Rs. 3,324.67
Lakhs in the year 2013-2014.
The average collection period have been increased by 217 days in the year 20142015.
The turnover ratio have been decreased by 1.93 in the year 2014-2015.
The current asset turnover ratio have been decreased in the year 2014-2015.
CHAPTER- 7
SUGGESTIONS AND CONCLUSION
Page 32
Material Management
SUGGESTIONS
By going through all the procedures followed in Tata Steel Ltd-Wire Division we can say
that the management of the inventories play a major role in the success of the
organization. As a whole the firm is following a good purchase procedure over different
materials, the company will be purchasing only certain materials from the outside of the
company for the production purposes. But there are certain content in the existing
Material Management system. Hence on the basis of the study the following suggestions
can be given. I hope that suggestions will be taken by the organization in a right spirit and
implemented.
It is found that in every production units there are A, B and C item
It is suggested to keep the materials A class items in some units, B class items in some
units, and C class items in some units so that it is very easy to identify the items in a
order wise and they can give attention towards each and every unit according to their
importance.
Method of Analysis
It is found that the company is using the ABC analysis to a large extent, hence
it is suggested to follow the different methods for classification such as
Classification
Basis
VED
To know the importance of critically Vital,
Essential, Desirables.
FSN
Moves (fast
Moving, slow moving, none moving)
HML
SDE
Page 33
Material Management
Reduction in Lead time
The company must try to minimize the lead time at the time of production, so that
the company can reduce the production time so the company can meet the
customers expectations. It is suggested that the company should be adopt some
new management systems in order to communicate vendors in a short span of
time their by reducing the lead time. Hence the organization can compete at the
International market and have a better future.
CONCLUSION
Material Management is one of the basic important functions of every business. An
average manufacturing organization in India has more than 60% of its current asset
invested in inventories. Therefore, by following proper efficient Material Management
principles, the company can certainly reduce the cost of inventory and can improve its
bottom line and thereby, becoming competitive, which in turn will improve its market
share.
Page 34
Material Management
The research topic Material Management has a greater implications on Indian industry,
from the analysis of Material Management in Tata Steel Ltd-Wire Division, it is very
clear that, it has achieved greater importance in production control to a large extent. It is
also enhances the arising need of the organization, in respect of Material Management.
The Material Management in Tata Steel Ltd-Wire Division, the inventories of the
company other than disposable scrap are valued at lower of cost or net realizable value.
The cost of materials is ascertained by using the weighted average cost formula.
Adequate provision is made for inventory which is more than five years old which may
not be required for further use.
Therefore Material Management acts as the Pulse of any organization, and will have
impact on all other activities in the organization. Though Material Management
comprises huge investment, it gives good results, when good inventory control
techniques are adopted, and thus enhances the smooth functioning in production.
This study has helped me a lot in obtaining good knowledge of Material Management in
Tata Steel Ltd-Wire Division. Hereby Material Management is an essential element in
any organization, provide it is maintained tactfully by adopting latest techniques and
utilizing best resulting from computerization.
Finally I conclude that the company is maintaining the good Material Management in
order to meet the future demands.
BIBLIOGRAPHY
1. K.Ashwathappa and K.Shridar Bhat - Production and Operations
Management, Himalaya Publishing House.
2. TATA STEEL LTD-WIRE DIVISION Booklets.
3. Dr. Monshi and Dr. Gayithri Reddy - Research Methodology,
Himalaya Publications.
Page 35
Material Management
4. Broachers.
5. Company Website.
WWW.tatasteelltd.com
ANNEXURE
Financial Statement of TATA STEEL LTD-WIRE DIVISION.
Particulars
Sources Of Funds
Total Share Capital
Equity Share Capital
Preference Share Capital
Reserves
Revaluation Reserves
Mar '14
Mar '13
Mar '12
Mar '11
Mar
12 mths
12 mths
12 mths
12 mths
12 m
80
80
0
6,937.24
0
80
80
0
6,223.69
0
80
80
0
5,542.21
0
80
80
0
4,922.57
0
80
80
0
4,265
0
Page 36
Material Management
Net worth
Secured Loans
Unsecured Loans
Total Debt
Total Liabilities
Application Of Funds
Gross Block
Less: Accum. Depreciation
Net Block
Capital Work in Progress
Investments
Inventories
Sundry Debtors
Cash and Bank Balance
Total Current Assets
Loans and Advances
Fixed Deposits
Total CA, Loans & Advances
Current Liabilities
Provisions
Total CL & Provisions
Net Current Assets
Miscellaneous Expenses
Total Assets
Contingent Liabilities Book Value(Rs)
7,017.24
12.61
0
12.61
7,029.85
6,303.69
19.17
0
19.17
6,322.86
5,622.21
14.76
0
14.76
5,636.97
5,002.57
0.41
0
0.41
5,002.98
4,345
0.7
0
0.7
4,346
2,206.77
1,555.83
650.94
196.86
11.98
3,298.71
4,128.54
4,564.37
11,991.62
1,675.88
0
13,667.50
6,897.94
599.49
7,497.43
6,170.07
0
7,029.85
773.64
2,054.07
1,478.62
575.45
161.42
11.98
3,191.29
3,334.67
5,302.49
11,828.45
1,868.83
0
13,667.50
7,407.10
716.17
8,123.27
5,574.01
0
6,322.86
787.36
1,885.03
1,374.87
510.16
113.56
11.98
2,673.80
2,686.95
6,772.52
12,133.27
2,089.38
0
14,222.65
8,632.67
588.72
9,221.39
5,001.26
0
5,636.96
1,119.72
1,789.00
1,305.29
483.71
58.99
11.98
2,460.77
2,903.25
928.27
6,292.29
778.06
5,591.09
12,661.44
7,639.52
573.6
8,213.12
4,448.32
0
5,003.00
266.69
1,702
1,212
489
31.
11.
2,536
2,168
596
5,302
1,700
2,981
9,984
4,476
1,694
6,171
3,813
0
4,346
205
Mar '14
12mths
Mar '13
12 mths
Mar '12
12 mths
Mar '11
12 mths
Mar '10
12 Mths
6,275.52
0
6,275.52
428.47
-47.33
6,656.66
6,103.82
0
6,103.82
609.98
278
6,991.80
5,767.64
0
5,767.64
585.49
89.95
6,443.08
5,540.68
58.57
5,482.11
326.11
5.58
5,813.80
5,237.51
41.88
5,195.63
243.54
28.11
5,467.28
3,583.56
37.37
4,084.93
34.13
3,669.03
26.9
3,135.77
30.45
3,024.54
27.22
Page 37
Material Management
Employee Cost
Other Manufacturing Expenses
Selling and Admin Expenses
Miscellaneous Expenses
Preoperative Exp Capitalised
Total Expenses
Operating Profit
PBDIT
Interest
PBDT
Depreciation
Profit Before Tax
Extra-ordinary items
PBT (Post Extra-ord Items)
Tax
Reported Net Profit
Total Value Addition
Preference Dividend
Equity Dividend
Corporate Dividend Tax
Per share data (annualised)
Shares in issue (lakhs)
Earning Per Share (Rs)
Equity Dividend (%)
Book Value (Rs)
1,030.43
0
0
685.72
0
5,337.08
891.11
1,319.58
3.4
1,316.18
142.1
1,174.08
0.65
1,174.73
243.12
931.62
1,753.51
0
186.4
31.68
1,110.79
0
0
509.49
0
5,739.34
642.48
1,252.46
0.78
1,251.68
130.71
1,120.97
-6.37
1,114.60
224.76
889.83
1,654.41
0
178.4
29.95
1,081.23
0
0
465.82
0
5,242.98
614.61
1,200.10
0.6
1,199.50
120.8
1,078.70
-3.86
1,074.84
244.95
829.9
1,573.94
0
166.4
26.99
1,041.86
17.05
260.84
61.23
-0.19
4,547.01
940.68
1,266.79
10.79
1,256.00
122.04
1,133.96
22.64
1,156.60
295.09
861.47
1,411.24
0
172.8
28.22
1,009.58
15.87
240.75
62.43
-0.36
4,380.03
843.71
1,087.25
9.37
1,077.88
115.94
961.94
84.06
1,046.00
324.88
720.87
1,355.50
0
153.6
25.7
800
116.45
233
877.15
800
111.23
223
787.96
800
103.74
208
702.78
800
107.68
216
625.32
800
90.11
192
543.21
Page 38