Balance Sheet of Steel
Authority of India in Rs. Cr.
Sources Of Funds 2005 2005 2007 2008
Total Share Capital 4,130.40 4,130.40 4,130.40 4,130.40
Equity Share Capital 4,130.40 4,130.40 4,130.40 4,130.40
Share Application Money 0 0 0 0
Preference Share Capital 0 0 0 0
Reserves 6,176.25 8,471.01 13,182.75 18,933.17
Revaluation Reserves 0 0 0 0
Networth 10,306.65 12,601.41 17,313.15 23,063.57
Secured Loans 1,603.98 1,122.16 1,556.39 925.31
Unsecured Loans 4,165.81 3,175.46 2,624.13 2,119.93
Total Debt 5,769.79 4,297.62 4,180.52 3,045.24
Total Liabilities 16,076.44 16,899.03 21,493.67 26,108.81
Application Of Funds 2005 2005 2007 2008
Gross Block 28,043.48 29,360.46 29,912.71 30,922.73
Less: Accum. Depreciation 15,558.41 17,198.32 18,315.00 19,351.42
Net Block 12,485.07 12,162.14 11,597.71 11,571.31
Capital Work in Progress 366.48 757.94 1,236.04 2,389.55
Investments 606.71 292 513.79 538.2
Inventories 4,220.69 6,210.06 6,651.47 6,857.23
Sundry Debtors 1,908.45 1,881.73 2,314.75 3,048.12
Cash and Bank Balance 356.93 341.83 437.36 470.17
Total Current Assets 6,486.07 8,433.62 9,403.58 10,375.52
Loans and Advances 3,260.11 4,524.37 3,097.70 3,644.22
Fixed Deposits 5,775.19 5,830.81 9,172.47 13,289.27
Total CA, Loans & Advances 15,521.37 18,788.80 21,673.75 27,309.01
Deffered Credit 0 0 0 0
Current Liabilities 7,810.97 8,081.23 8,105.99 8,960.91
Provisions 5,387.15 7,236.44 5,550.78 6,797.83
Total CL & Provisions 13,198.12 15,317.67 13,656.77 15,758.74
Net Current Assets 2,323.25 3,471.13 8,016.98 11,550.27
Miscellaneous Expenses 294.93 215.82 129.15 59.48
Total Assets 16,076.44 16,899.03 21,493.67 26,108.81
2009
4,130.40
4,130.40
0
0
23,853.70
0
27,984.10
1,473.60
6,065.19
7,538.79
35,522.89
2009
32,728.69
20,459.86
12,268.83
6,544.24
652.7
10,121.45
3,024.36
347.94
13,493.75
4,292.50
17,880.59
35,666.84
0
10,201.51
9,408.21
19,609.72
16,057.12
0
35,522.89
Profit & Loss account of Steel Authority of
India in Rs. Cr.
Income 2005 2005 2007 2008
Sales Turnover 32,169.42 32,805.96 39,722.59 46,175.85
Excise Duty 3,455.12 4,605.48 5,393.82 6,217.18
Net Sales 28,714.30 28,200.48 34,328.77 39,958.67
Other Income 662.2 937.94 1,408.71 1,701.59
Stock Adjustments 367.72 1,131.31 289.15 436.28
Total Income 29,744.22 30,269.73 36,026.63 42,096.54
Expenditure
Raw Materials 11,523.05 15,034.54 16,252.28 17,257.67
Power & Fuel Cost 2,195.59 2,489.74 2,578.84 2,825.56
Employee Cost 3,811.75 4,156.97 5,087.76 7,919.28
Other Manufacturing Expenses 231.52 303.71 346.59 492.18
Selling and Admin Expenses 1,394.09 1,619.20 1,602.31 1,727.55
Miscellaneous Expenses 358.36 524.91 528.71 737.79
Preoperative Exp Capitalised -921.71 -1,352.05 -1,423.08 -1,832.22
Total Expenses 18,592.65 22,777.02 24,973.41 29,127.81
2005 2005 2007 2008
Operating Profit 10,489.37 6,554.77 9,644.51 11,267.14
PBDIT 11,151.57 7,492.71 11,053.22 12,968.73
Interest 605.05 467.76 332.13 250.94
PBDT 10,546.52 7,024.95 10,721.09 12,717.79
Depreciation 1,126.95 1,207.30 1,211.48 1,235.48
Other Written Off 184.89 181.44 128.59 75.49
Profit Before Tax 9,234.68 5,636.21 9,381.02 11,406.82
Extra-ordinary items 174.66 71.12 60.57 64.61
PBT (Post Extra-ord Items) 9,409.34 5,707.33 9,441.59 11,471.43
Tax 2,592.37 1,694.36 3,253.80 3,934.65
Reported Net Profit 6,816.97 4,012.97 6,202.29 7,536.78
Total Value Addition 7,069.60 7,742.48 8,721.13 11,870.14
Preference Dividend 0 0 0 0
Equity Dividend 1,363.03 826.08 1,280.42 1,528.25
Corporate Dividend Tax 185.24 115.86 197.98 258.91
2009
49,331.47
5,532.89
43,798.58
2,002.77
1,872.87
47,674.22
23,915.45
3,119.42
8,401.73
643.35
1,587.61
992.85
-1,930.40
36,730.01
2009
8,941.44
10,944.21
253.24
10,690.97
1,285.12
128.02
9,277.83
181.26
9,459.09
3,284.28
6,174.81
12,814.56
0
1,073.90
181.26
Cash Flow of Steel Authority of India
in Rs. Cr.
2005 2005 2007 2008 2009
Net Profit Before Tax 9365.35 5705.74 9422.62 11468.73 9403.45
Net Cash From Operating Activities 8899.47 3823.93 5632.91 8378.18 6124.26
Net Cash (used in)/from investing activities -286.54 -337.18 -587.53 -1139.89 -4406.47
Net Cash (used in)/from Financing Activities -4516.63 -3574.26 -1608.19 -3088.68 2751.3
Net (decrease)/increase In Cash and Cash
Equivalents 4096.3 -87.51 3437.19 4149.61 4469.09
Opening Cash & Cash Equivalents 2035.82 6260.15 6172.64 9609.83 13759.44
Closing Cash & Cash Equivalents 6132.12 6172.64 9609.83 13759.44 18228.53
