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  • Profit and Loss Account of Nestle India Limited As On December 2011

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    Bhanu prakash
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    Nestle India Limited's profit and loss statement for 2011 shows a net sales amount of 51,293,767 thousand, up from 43,242,450 thousand in 2010. Expenditures in 2011 totaled 42,075,616 thousand, resulting in a profit before impairment, contingencies and tax of 9,596,127 thousand, higher than 2010. After accounting for impairment losses, contingencies and current tax expenses, the profit before taxation was 9,169,758 thousand.

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    BALACE\\\\

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    Balance Sheet

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    Nestle India Limited's profit and loss statement for 2011 shows a net sales amount of 51,293,767 thousand, up from 43,242,450 thousand in 2010. Expenditures in 2011 totaled 42,075,616 thousand, resulting in a profit before impairment, contingencies and tax of 9,596,127 thousand, higher than 2010. After accounting for impairment losses, contingencies and current tax expenses, the profit before taxation was 9,169,758 thousand.

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    © All Rights Reserved
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    5 views1 page

    Profit and Loss Account of Nestle India Limited As On December 2011

    Uploaded by

    Bhanu prakash
    Nestle India Limited's profit and loss statement for 2011 shows a net sales amount of 51,293,767 thousand, up from 43,242,450 thousand in 2010. Expenditures in 2011 totaled 42,075,616 thousand, resulting in a profit before impairment, contingencies and tax of 9,596,127 thousand, higher than 2010. After accounting for impairment losses, contingencies and current tax expenses, the profit before taxation was 9,169,758 thousand.

    Copyright:

    © All Rights Reserved
    Download as DOCX, PDF, TXT or read online from Scribd
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    of 1

    Profit and loss Account of Nestle India limited as on

    December 2011
    Income

    2011 (in
    thousands)

    2010 (in
    thousands)

    Sale
    Domestic
    Exports

    48,938,164
    3,286,050

    41,326,718
    3,383,907

    Gross

    52,224,214

    44,710,625

    Less : Excise duty

    930,447

    1,468,175

    Net sales

    51,293,767

    43,242,450

    Other income

    377,976
    51,671,743

    338,852
    43,581,302

    24,570,317

    21,386,673

    16,465,167

    13,563,778

    13,985
    1,112,692

    16,430
    923,601

    -86,545

    -345,448

    42,075,616

    35,545,034

    Expenditure
    Material consumed and
    purchase of goods
    Manufacturing and other
    Expenses
    Interest
    Depreciation
    Adjustment due to dec.
    inclusive of stock of
    finished goods

    Profit Before
    9,596,127
    impairment,
    contingencies and Tax
    Impairment loss/gain on
    103,168
    fixed assets
    Provisions for contingencies 323,201

    8,036,268

    Profit Before Taxation

    9,169,758

    7,728,268

    Income Tax Expenses


    Current Tax

    2,653,355

    2,223,114

    3,084
    304,916

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