MANAGEMENT

ACCOUNTING
SECTION E

MUHAMMED SAAD(9390)
UZAIR AHMED(9279)
 EXIDE BATTERIES

Table of Contents
HISTORY...................................................................3
INTRODUCTION........................................................4
LOCATION OF THE PLANT AND HEAD OFFICE..........5
MANAGEMENT PROCESSES......................................5
TYPES OF REPORTS PREPARED BY THE COMPANY. 5
1. ACTIVITY/PRODUCTION REPORT.......................6
2. COST SHEETS.....................................................6
3. MIS REPORT.......................................................6
TYPES OF BUDGETS.................................................6
DIRECT MATERIAL BUDGET...................................6
DIRECT LABOUR BUDGET......................................7
PRODUCTION BUDGET...........................................8
FACTORY OVERHEAD BUDGET...............................9
CASH BUDGET........................................................9
SALES BUDGET.....................................................10
FACTORY PLANT LAYOUT.......................................10

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Letter of Acknowledgement

14TH APRIL, 2011

Dear Readers,

We would first like to thank the Almighty Allah for giving us the
strength and endowing us with the privilege of completing our
report on “EXIDE BATTERIES”.
We are also extremely thankful to our mentor, teacher and guide
Sir Darryl Perreira for his constant support, encouragement and
guidance, without which we could not have successfully
achieved our task.

Sincerely,
MUHAMMAD SAAD RAWALA (9390)
UZAIR AHMED (9279)

BBA (H) SECTION ‘E’.

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HISTORY
EXIDE Pakistan Limited, was incorporated in 1953 as a private
limited company in association with Chloride Group Plc of United
Kingdom. Cholride had its associates in 35 countries of the world and
was supported by chloride Techincal.

EXIDE ultimately got listed on the Karachi Stock Exchange in 1982

and received the top 25 Companies Award 8 times. Sound professional
management was also recognized by the Management Association of
Pakistan who awarded Corporate Excellence Award three times.

INTRODUCTION
The Company believes in customer satsfaction through continuous
uniform quality and after sales services providing a wide range of
products for the most applications.

EXIDE is a brand name which is known in the sub-continent for over

a century. EXIDE Pakistan serves its outlets in Pakistan through
regional offices in Karachi, Sukkhur, Multan, Faisalabad, Lahore,
Rawalpindi and Peshawar. These regional offices provide after sales
service to all customers and are supported by a vast network of
dealerships all over the country.

Industrial Batteries for Telecommunication, Railways, WAPDA and

other stand-by applications are new and exclusive features of our
business, and promote self-reliance and saving of foreign exchange.

The Company has qualified and competent management force most of

whom have had foreign exposure and management and technical
capabilities to handle the intericate and complex day to day problems.

The Company has good industrial relations and has had no strike or
stopage of work for the past of 25 years. The production facilities

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are modern and quality assurance is taken care of by a well-trained

staff supported by a well-equipped laboratory.

EXIDE has the largest share of the market because of its standing in
the market, marketing  policy and trained staff.

The inclusion of Auomotive Battery Company Limited (F.B.) in the

group makes it stronger, more reliable and stable.

With a view to diversify the business activities, EXIDE Pakistan

Limited has setup a Sulphuric Acid manufacturing plant at Port
Qasim Industrial Area. The plant has an installed capacity of 50
metric tons of Sulphuric Acid per day. The major production of the
plant is supplied to Fauji Jordan Fertilizer Company Limited under a
ten year buy back agreement with them. The surplus capacity is
supplied to the open market for battery use.

EXIDE has the unique distinction of being the first battery

manufacturer in Pakistan to be accorded ISO 9002 certificate in
recognition of the quality control and management systems being
followed by the company.

LOCATION OF THE PLANT AND HEAD OFFICE

Exide Pakistan’s head office is located in SITE area and the complete
address is given below;

A-44 Hill Street, Off.MangopirRoad,

S.I.T.E., Karachi-Pakistan.

The products that company i.e. battery and acid are manufactured in
factories at different locations such as,

There are two factories that manufacture batteries and they are
located at S.I.T.E area and HUB, whereas acid is manufactured in
S.I.T.E factory and also at Bin Qasim. Exide Pakistan is a recognized
name which holds an efficient and technically sound human resource
total number of employees that company possessed are 536.

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MANAGEMENT PROCESSES
Exide Pakistan has the best management team in the industry which
was recognized by the management association of Pakistan by
awarding the “Corporate Excellence Award” three times. As well as the
industrial relations of the company are very sound as there is no
strike or stoppage of work from the last 25 years.

TYPES OF REPORTS PREPARED BY THE COMPANY

In running a successful business and developing a recognized market
position strategic planning and its successful implementation plays an
important role. As proven by different researches and industry
experiences that companies get success in planning part of strategic
management however where they lack is successful implementation of
that particular strategy. So here comes the role of internal controls
developed by the company and the communication system i.e.
reporting system. In case of Exide Pakistan Limited major reports that
are generated includes;

1. ACTIVITY/PRODUCTION REPORT: The report includes the

information regarding consumption and balances (units) for
every cost center. The report is generated on monthly basis.
2. COST SHEETS: Cost sheets include the details of costing at
each stage of production.
3. MIS REPORT: MIS report contains production summaries, stock
valuation, variance analysis and details of scrap material.

The frequency of reporting specially of cost report is monthly; all these

reports are prepared by departments.

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TYPES OF BUDGETS
As the actual information is not available so these are the examples of
different types of budgets.

DIRECT MATERIAL BUDGET

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DIRECT LABOUR BUDGET

PRODUCTION BUDGET

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FACTORY OVERHEAD BUDGET

CASH BUDGET

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SALES BUDGET

FACTORY PLANT LAYOUT

The factory plant layout is also an example as the plant layout for
Exide batteries wasn’t available. This is a factory plant layout of a
manufacturing concern BMW.

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