BIBLIOGRAPHY

BOOKS:
NAME OF THE BOOK NAME OF THE AUTHOR PUBLISHERS

FINANCIAL MANAGEMENT I.M.PANDEY VIKAS PUBLISHERS

ACCOUNTING FOR M.Y.KHAN and P.K.JAIN TATA McGRAW-HILL

MANAGERS PUBLISHERS

FINANCIAL MANAGEMENT M.Y.KHAN and P.K.JAIN TATA McGRAW-HILL

PUBLISHERS

MATERIALS MANAGEMENT A.K.CHITALE and R.C.GUPTA PHI LEARNING PVT.LTD.

WEBSITES:
WWW.wikipedia.com

WWW.BHEL.com

WWW.Investopedia.com

JOURNALS:

 Purchase Manuals. BHEL-HPVPLtd

 The Journal of Supply Chain Management, BusinessTimes

 Annual reports.( 2014, 2015,2016,2017,2018). BHEL-HPVPLtd

 BALANCE SHEET
BHARAT HEAVY ELECTRICALS LIMITED
FOR THE YEAR ENDED 31-03-2014 (F.Y: 2014-2015)

LIABIITIES AND EQUITY:

(in lakhs INR)

PARTICULARS AMOUNT

Shareholder’s funds:

 Share capital 489.52

 Reserves andsurplus 29,954.58

Non-current liabilities:
 Long-termborrowings 129.20

 Other Long-termborrowings 5,789.68

 Long-termprovisions 5,944.02

Current liabilities:
 Short-termborrowings 2,286.00

 Trade payables 9,675.18

 Other currentliabilities 13,862.37

 Short-termprovisions 2,998.11

TOTAL 71,128.66
ASSETS:

PARTICULARS AMOUNT

Fixed assets:

 Tangible assets 4,314.67

 Intangible assets 143.82

 Capitalwork-in-progress 1,133.51

 Intangible assets underdevelopment 38.08

Non-current investments 429.17

Deferred tax assets (net) 1,550.69

Long-term loans and advances 905.54

Other non-current assets 10,653.72

Current assets:
 Inventories 11,763.82

 Trade receivables 29,234.49

 Cash and bankbalances 7,732.05

 Short term loans andadvances 2,029.12

 Other currentassets 199.98

TOTAL 71,128.66
 STATEMENT OF PROFIT AND LOSS
BHARAT HEAVY ELECTRICALSLIMITED

FOR THE YEAR ENDED 31-03-2014 (F.Y:2014-2015)

(In Lakhs INR)
S.No PARTICULARS AMOUNT

1. Revenue from operations (Gross) 50,156.48

Less: Excise duty 1,904.01
Less: Service tax and Swachh Bharat Cess 634.80
Revenue from operations (Net) 47,617.67
2. Other operational income 806.98
3. Other income 1,121.71
TOTAL REVENUE (1+2+3) 49,546.36
4. Expenses:

Cost of material consumption, erection and 27,899.37

engineering expenses
Increase/decrease in Work-in-progress & finished 1,161.21
goods
Employee benefit expenses 5,725.78
Finance costs 125.27
Depreciation and amortization expense 953.39
Other expenses of manufacturing, administration, 3,776.56
selling and distribution
Provisions (net) 1,565.77
Less: cost of jobs done for internal use 75.87
TOTAL EXPENSES 40,113.48
5. Profit before prior period of adjustments and tax 9,432.88
6. Add/less: Prior period adjustments (net) -0.44
7. Profit before tax for the year 9,432.44
8. Less: Tax expense
Current tax 2,822.15
Deferred tax -4.44
9. Profit of the year 6,614.73
Earnings per share (basic and diluted) 27.03
Face value per share 2.00
 BALANCE SHEET
BHARAT HEAVY ELECTRICALS LIMITED
FOR THE YEAR ENDED 31-03-2015 (F.Y: 2015-2016)

LIABIITIES AND EQUITY:

(in lakhs INR)

PARTICULARS AMOUNT

Shareholder’s funds:

 Share capital 489.52

 Reserves andsurplus 32,557.53

Non-current liabilities:
 Long-termborrowings 104.77

 Other Long-termborrowings 6,600.17

 Long-termprovisions 7,496.43

Current liabilities:
 Short-termborrowings 3,550.00

 Trade payables 8,719.02

 Other currentliabilities 11,444.14

 Short-termprovisions 2,829.59

TOTAL 73,791.17
ASSETS:

PARTICULARS AMOUNT

Fixed assets:

 Tangible assets 4,525.13

 Intangible assets 1,167.81

 CapitalWork-in-progress 622.01

 Intangible assets underdevelopment 20.11

Non-current investments 420.17

Deferred tax assets (net) 1,968.95

Long-term loans and advances 1,167.14

Other non-current assets 11,881.07

Current assets:
 Inventories 9,797.55

 Trade receivables 28,071.92

 Cash and bankbalances 11,872.93

 Short term loans andadvances 2,023.86

 Other currentassets 252.52

TOTAL 73,791.17
 STATEMENT OF PROFIT AND LOSS
BHARAT HEAVY ELECTRICALS LIMITED

FOR THE YEAR ENDED 31-03-2015(F.Y: 2015-2016)

(In Lakhs INR)

S.No PARTICULARS AMOUNT

1. Revenue from operations (Gross) 40,337.92

Less: Excise duty 1,342.26
Less: Service tax and Swachh Bharat Cess 606.84
Revenue from operations (Net) 38,388.82
2. Other operational income 720.01
3. Other income 1,616.03
TOTAL REVENUE (1+2+3) 40,724.86
4. Expenses:

Cost of material consumption, erection and 22,099.08

engineering expenses
Increase/decrease in Work-in-progress & finished 1,057.40
goods
Employee benefit expenses 5,933.78
Finance costs 132.63
Depreciation and amortization expense 982.92
Other expenses of manufacturing, administration, 3,308.50
selling and distribution
Provisions (net) 2,258.70
Less: cost of jobs done for internal use 68.46
TOTAL EXPENSES 35,704.55
5. Profit before prior period of adjustments and tax 5,020.31
6. Add/less: Prior period adjustments (net) -6.01
7. Profit before tax for the year 5,,014.30
8. Less: Tax expense 1,911.00
Current tax
Deferred tax 1,911.00
9. Profit of the year -357.48
Earnings per share (basic and diluted) 14.14
Face value per share 2.00
 BALANCE SHEET
BHARAT HEAVY ELECTRICALS LIMITED
FOR THE YEAR ENDED 31-03-2017 (F.Y: 2016-2017)

LIABIITIES AND EQUITY:

(In Lakhs INR)

PARTICULARS AMOUNT

Shareholder’s funds:

 Share capital 489.52

 Reserves andsurplus 33,595.08

Non-current liabilities:
 Long-termborrowings 61.00

 Other Long-term borrowings 5,358.84

 Long-termprovisions 6,802.30

Current liabilities:
 Short-termborrowings

 Trade payables 8,798.94

 Other currentliabilities 9,123.31

 Short-termprovisions 5,238.14

TOTAL 69,467.13
ASSETS:

PARTICULARS AMOUNT

Fixed assets:

 Tangible assets 3,982.20

 Intangible assets 158.32

 CapitalWork-in-progress 1,500.50

 Intangible assets underdevelopment 17.30

Non-current investments 417.67

Deferred tax assets (net) 2,220.73

Long-term loans and advances 1,218.83

Other non-current assets 11,413.82

Current assets:
 Inventories 10,105.10

 Trade receivables 26,223.50

 Cash and bankbalances 9,812.70

 Short term loans andadvances 2,221.43

 Other currentassets 175.03

TOTAL 69,467.13
 STATEMENT OF PROFIT AND LOSS
BHARAT HEAVY ELECTRICALS LIMITED
FOR THE YEAR ENDED 31-03-2017 (F.Y: 2016-2017)

(In lakhs INR)

S.No PARTICULARS AMOUNT

1. Revenue from operations (Gross) 30,947.04

Less: Excise duty 920.42
Less: Service tax and Swachh Bharat Cess 484.65
Revenue from operations (Net) 29,541.97
2. Other operational income 700.17
3. Other income 1,220.45
TOTAL REVENUE (1+2+3) 31,462.59
4. Expenses:

Cost of material consumption, erection and 17,758.32

engineering expenses
Increase/decrease in Work-in-progress & finished -338.04
goods
Employee benefit expenses 5,450.00
Finance costs 91.65
Depreciation and amortization expense 1,077.32
Other expenses of manufacturing, administration, 3,696.49
selling and distribution
Provisions (net) 1,604.23
Less: cost of jobs done for internal use 27.50
TOTAL EXPENSES 29,312.47
5. Profit before prior period of adjustments and tax 2,150.12
6. Add/less: Prior period adjustments (net) -10.11
7. Profit before tax for the year 2,140.01
8. Less: Tax expense
Current tax 951.07
Deferred tax -230.35
9. Profit of the year 1,419.29
Earnings per share (basic and diluted) 5.80
Face value per share 2.00
 BALANCE SHEET
BHARAT HEAVY ELECTRICALS LIMITED
FOR THE YEAR ENDED 31-03-2017 (F.Y: 2017-2018)

LIABIITIES AND EQUITY:

(In Lakhs INR)

PARTICULARS AMOUNT

Shareholder’s funds:

 Share capital 489.52

 Reserves andsurplus 32,563.83

Non-current liabilities:
 Long-termborrowings 126.29

 Other Long-termborrowings 4,587.89

 Long-termprovisions 7,986.03

Current liabilities:
 Short-termborrowings

 Trade payables 8,702.05

 Other currentliabilities 8,779.73

 Short-termprovisions 4,454.76

TOTAL 67,690.10
ASSETS:

PARTICULARS AMOUNT

Fixed assets:

 Tangible assets 3,825.83

 Intangible assets 137.36

 CapitalWork-in-progress 1,306.98

 Intangible assets underdevelopment 8.38

Non-current investments 663.40

Deferred tax assets (net) 3,134.83

Long-term loans and advances 900.22

Other non-current assets 11,174.07

Current assets:
 Inventories 9,637.39

 Trade receivables 24,428.98

 Cash and bankbalances 10,085.99

 Short term loans andadvances 2,264.59

 Other currentassets 122.08

TOTAL 67,690.10
 STATEMENT OF PROFIT AND LOSS
BHARAT HEAVY ELECTRICALSLIMITED
FOR THE YEAR ENDED 31-03-2017 (F.Y:2017-2018)

(In Lakhs INR)

S.No PARTICULARS AMOUNT

1. Revenue from operations (Gross) 26,586.51

Less: Excise duty 958.63
Less: Service tax and Swachh Bharat Cess 490.00
Revenue from operations (Net) 25,137.88
2. Other operational income 492.11
3. Other income 1,450.08
TOTAL REVENUE (1+2+3) 27,080.07
4. Expenses:

Cost of material consumption, erection and 16,397.98

engineering expenses
Increase/decrease in Work-in-progress & finished 21.050
goods
Employee benefit expenses 5,541.15
Finance costs 26.82
Depreciation and amortization expense 935.64
Other expenses of manufacturing, administration, 3,030.54
selling and distribution
Provisions (net) 2,454.84
Less: cost of jobs done for internal use 46.57
TOTAL EXPENSES 28,550.90
5. Profit before prior period of adjustments and tax -1,470.83
6. Add/less: Prior period adjustments (net) -5.88
7. Profit before tax for the year -1,476.71
8. Less: Tax expense
Current tax 350.81
Deferred tax -914.10
9. Profit of the year -913.42
Earnings per share (basic and diluted) -3.73
Face value per share 2.00
 BALANCE SHEET
BHARAT HEAVY ELECTRICALS LIMITED
FOR THE YEAR ENDED 31-03-2018 (F.Y: 2018-2019)

LIABILITIES AND EQUITY:

(In Lakhs INR)

Equity: AMOUNT
 Equity sharecapital 489.52

 Otherequity 31,804.92

Fixed liabilities:
 Financialliabilities

(a) Borrowings 89.55

(b) Trade payables 631.12

(c) Other financial liabilities 104.71

 Provisions 5,001.35

 Other non-currentliabilities 2,983.36

Current liabilities:
 Financialliabilities

(a) Trade payables 8,709.16

(b) Other financial liabilities 2,531.45

 Other financialliabilities 5,693.50

 Provisions 4,191.56

TOTAL 62,230.20
ASSETS:

Non-current assets: AMOUNT

 Property, Plant andEquipment 3,491.12

 Capitalwork-in-progress 1,159.51

 Intangible assets 104.76

 Intangible assets underdevelopment 8.83

 Financialassets

(a) Investments 661.42

(b) Trade receivables 9,787.73

(c) Loans 78.04

(d) Others 0.16

 Deferred tax assets(net) 3,841.37

 Other non-currentassets 203.30

Current assets:

 Inventories 7,372.38

 Financialassets

(a) Trade receivables 22,075.56

(b) Cash and cash equivalents 1,489.76

(c) Bank balances other than cash 9,002.03

(d) Loans 138.88

 (e) Others 216.98

 Current Tax assets(net) 873.08

 Other currentassets 1,725.29

TOTAL 62,230.20
 STATEMENT OF PROFIT AND LOSS
BHARAT HEAVY ELECTRICALSLIMITED

FOR THE YEAR ENDED 31-03-2018 (F.Y:2018-2019)

(In Lakhs INR)
S.No PARTICULARS AMOUNT

1. Revenue from operations (Gross) 29,474.99

2. Other income 996.09
3. TOTAL REVENUE (1+2) 30,471.08
4. Expenses:

Cost of material consumption, erection and 16,566.14

engineering expenses
Increase/decrease in Work-in-progress & finished 994.48
goods
Employee benefit expenses 5,399.92
Depreciation and amortization expense 848.84
Other expenses of manufacturing, administration, 4,435.55
selling and distribution
Provisions (net) 1,272.75
Finance costs 350.61
Less: cost of jobs done for internal use 25.04
TOTAL EXPENSES (4) 29,843.25
5. Profit/loss before exceptional items and tax (3+4) 627.83
6. Add/Less: Exceptional incomes 0.00
7. Profit (loss) before tax (5+6) 627.83
8. Tax expense
Current tax 298.35
Deferred tax -166.38
9. Profit (loss) for the period from counting 495.86
operations (7+8)
10. Other comprehensive income
Items that will not be reclassified into profit and loss -29.00
(Net of Tax)
11. Other comprehensive income for the period 466.86
(9+10)