MRF TYRE COMPANIES TREND BALANCE SHEET OF 3 YEARS TILL NOW

PARTICULARS 2019 2020 2021 % % %

EQUITIES AND LIABILITIES
SHAREHOLDER'S FUNDS
Equity Share Capital 4.24 4.24 4.24 100 100 100
TOTAL SHARE CAPITAL 4.24 4.24 4.24 100 100 100
Reserves and Surplus 10,649.06 12,000.11 13,174.62 100 112.69 123.72
TOTAL RESERVES AND SURPLUS 10,649.06 12,000.11 13,174.62 100 112.69 123.72
TOTAL SHAREHOLDERS FUNDS 10,653.30 12,004.35 13,178.86 100 112.68 123.71
NON-CURRENT LIABILITIES
Long Term Borrowings 1,054.73 779.03 811.76 100 73.86 76.96
Deferred Tax Liabilities [Net] 839.2 427.83 378.5 100 50.98 45.1
Other Long Term Liabilities 76.29 578.12 496.85 100 757.79 651.26
Long Term Provisions 167.8 189.16 211.25 100 112.73 125.89
TOTAL NON-CURRENT LIABILITIES 2,138.02 1,974.14 1,898.36 100 92.33 88.79
CURRENT LIABILITIES
Short Term Borrowings 408.86 241.99 40.82 100 59.19 9.98
Trade Payables 2,327.64 2,340.14 4,244.86 100 100.54 182.37
Other Current Liabilities 2,550.63 2,440.41 2,696.95 100 95.68 105.74
Short Term Provisions 149.23 153.08 199.73 100 102.58 133.84
TOTAL CURRENT LIABILITIES 5,436.36 5,175.62 7,182.36 100 95.2 132.12
TOTAL CAPITAL AND LIABILITIES 18,227.68 19,154.11 22,259.58 100 105.08 122.12
ASSETS
NON-CURRENT ASSETS
Tangible Assets 6,751.32 8,820.72 9,366.83 100 130.65 138.74
Intangible Assets 16.2 28.46 24.31 100 175.68 150.06
Capital Work-In-Progress 1,403.19 1,734.56 1,001.03 100 123.62 71.34
Other Assets 0 0 0 0 0 0
FIXED ASSETS 8,170.71 10,583.74 10,392.17 100 129.53 127.19
Non-Current Investments 1,078.00 26.53 1,150.34 100 2.46 106.71
Deferred Tax Assets [Net] 0 0 0 0 0 0
Long Term Loans And Advances 0.31 12.22 2.67 100 3941.94 861.29
Other Non-Current Assets 658.16 573.81 562.58 100 87.18 85.48
TOTAL NON-CURRENT ASSETS 9,907.18 11,196.30 12,107.76 100 113.01 122.21
CURRENT ASSETS
Current Investments 2,770.39 1,513.65 4,725.83 100 54.64 170.58
Inventories 2,950.93 2,852.69 2,880.33 100 96.67 97.61
Trade Receivables 2,361.62 2,257.03 2,220.50 100 95.57 94.02
Cash And Cash Equivalents 60.07 1,106.85 105.34 100 1842.6 175.36
Short Term Loans And Advances 0.61 2.89 6.77 100 473.77 1109.84
OtherCurrentAssets 176.88 224.7 213.05 100 127.04 120.45
TOTAL CURRENT ASSETS 8,320.50 7,957.81 10,151.82 100 95.64 122.1
TOTAL ASSETS 18,227.68 19,154.11 22,259.58 100 105.08 122.12
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES,
COMMITMENTS
Contingent Liabilities 969.94 0 0 100 0 0
CIF VALUE OF IMPORTS
Raw Materials 3,472.74 3,016.15 2,430.74 100 86.85 69.99
Stores, Spares And Loose Tools 0 0 0 0 0 0
Trade/Other Goods 0 0 0 0 0 0
Capital Goods 321.23 1,160.67 263.16 100 361.32 81.92
EXPENDITURE IN FOREIGN
EXCHANGE
Expenditure In Foreign Currency 111.96 119.87 61.57 100 107.07 54.99
REMITTANCES IN FOREIGN
CURRENCIES FOR DIVIDENDS
Dividend Remittance In Foreign
-- -- -- -- -- --
Currency
EARNINGS IN FOREIGN EXCHANGE
FOB Value Of Goods 1,330.30 1,384.45 1,113.26 100 104.07 83.68
Other Earnings 14.37 15.51 16.03 100 107.93 111.55
BONUS DETAILS
Bonus Equity Share Capital 1.78 1.78 1.78 100 100 100
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted
6 4.81 1,128.62 100
Market Value 80.17 18810.33
Non-Current Investments Unquoted
1,072.00 21.72 21.72 100
Book Value 2.03 2.03
CURRENT INVESTMENTS
Current Investments Quoted Market
-- -- -- -- -- --
Value
Current Investments Unquoted Book
2,770.39 1,513.65 4,725.83 100
Value 54.64 170.58
PROFIT AND LOSS ACCOUNT OF
MRF TYRES OF PAST 3 YEARS
21-Mar 22-Mar 23-Mar % % %
12 MTHS 12 MTHS 12 MTHS
INCOME
15,835.1 18,989.5 22,421.6 100.0 119.9
REVENUE FROM OPERATIONS [GROSS] 3 1 4 0 2 141.59
100.0 119.9
REVENUE FROM OPERATIONS[NET] 15835.13 18989.51 22421.64 0 2 141.59
100.0
OTHER OPERATING REVENUES 86.22 0 156.59 0 0 181.62
100.0 119.2
TOTAL OPERATING REVENUES 15921.35 18989.51 22578.23 0 7 141.81
100.0 151.9
OTHER INCOME 207.23 314.92 248.21 0 7 119.78
100.0 119.6
TOTAL REVENUE 16128.58 19304.43 22826.44 0 9 141.53
EXPENSES
100.0 149.7
COST OF MATERIALS CONSUMED 8853.63 13254.45 15526.9 0 1 175.37
100.0 107.7
PURCHASE OF STOCK-IN TRADE 15.78 17.01 35.23 0 9 223.26
CHANGES IN INVENTORIES OF FG,WIP AND 100.0 235.1
STOCK IN TRADE 359.36 -844.92 -339.63 0 2 -94.51
100.0 106.0
EMPLOYEE BENEFIT EXPENSES 1387.87 1471.94 1558.87 0 6 112.32
100.0
FINANCE COST 264.72 247.01 298.06 0 93.31 112.59
100.0 105.6
DEPRECIATION AND AMORTISATION EXPENSES 1136.92 1201.41 1248.6 0 7 109.82
100.0 127.7
OTHER EXPENSES 2410.03 3078.37 3459.54 0 3 143.55
100.0
TOTAL EXPENSES 14428.31 18425.27 21787.57 0 127.7 151.01

PROFIT/LOSS BEFORE 100.0

EXCEPTIONAL,EXTRAORDINARY ITEMS AND TAX 1700.27 879.16 1038.87 0 51.71 61.1
100.0
EXCEPTIONAL ITEMS 0 0 80.33 0 0 0
100.0
PROFIT/LOSS BEFORE TAX 1700.27 879.16 1119.2 0 51.71 65.82
TAX EXPENSES-CONTINUED OPERATIONS
100.0
CURRENT TAX 489.72 221.95 309.1 0 45.32 67.15
DEFERRED TAX -38.51 9.87 -6.13 100.0 25.63 15.92
 0
100.0
TOTAL TAX EXPENSES 451.21 231.82 302.97 0 51.38 67.15
PROFIT/LOSS AFTER TAX AND BEFORE 100.0
EXTRAORDINARY ITEMS 1249.06 647.34 816.23 0 51.83 65.35
Equity 100.0
Share 4.24
PROFIT /LOSS FROM 4.24
CONTINUING OPERATIONS4.24
1249.06 647.34 816.23 0 51.83 65.35
100.0
Capital
PROFIT/LOSS FOR THE PERIOD 1249.06 647.34 816.23 0 51.83 65.35
TOTAL
OTHER ADDITIONAL INFORMATION
SHARE
4.24
EARNING PER SHARE 4.24 4.24
CAPITA 100.0

LBASIC EPS(RS) 2945.09 1526.34 1924.56 0

100.0
51.83 65.35

DILUTED EPS9(RS) 2945.09 1526.34 1924.56 0 51.83 65.35

VALUE OF IMPORTED AND INDIGENIOUS RAW
MATERIALS
100.0 148.5
IMPORTED RAW MATERIALS 2670.09 3965.34 4720.46 0 1 176.79
100.0 150.2
INDIGENOUS RAW MATERIALS 6183.54 9289.11 10806.44 0 2 174.76
STORES, SPARES AND LOOSE TOOLS
100.0 128.7
IMPORTED STORES AND SPARES 26.57 34.21 29.32 0 5 110.35
100.0 147.8
INDIGENOUS STORES AND SPARES 238.09 351.99 385.22 0 4 161.8
DIVIDEND AND DIVIDEND PERCENTAGE
100.0 149.9
EQUITY SHARE DIVIDEND 42.41 63.6 63.62 0 6 150.01
TAX ON DIVIDEND 0 0 0 0.00 0 0
EQUITY DIVIDEND RATE (%) 1500 1500 1750 100.0 100 116.67
0

TOTAL SHARE CAPITAL OF MRF TYRES

WORKING CAPITAL

TOTAL BORROWINGS

NON-CURRENT LIABILITIES 7574.38 7149.76 9080.72

Long Term Borrowings 1,054.73 779.03 811.76
Deferred Tax Liabilities [Net] 839.2 427.83 378.5
Other Long Term Liabilities 76.29 578.12 496.85
Long Term Provisions 167.8 189.16 211.25
TOTAL NON-CURRENT
2,138.02 1,974.14 1,898.36
LIABILITIES
CURRENT LIABILITIES
Short Term Borrowings 408.86 241.99 40.82
Trade Payables 2,327.64 2,340.14 4,244.86
Other Current Liabilities 2,550.63 2,440.41 2,696.95
Short Term Provisions 149.23 153.08 199.73
TOTAL CURRENT LIABILITIES 5,436.36 5,175.62 7,182.36
TOTAL BORROWED FUND

CURRENT
ASSETS
Current 2,770.3 1,513.6 4,725.8
Investments 9 5 3
2,950.9 2,852.6 2,880.3
Inventories
3 9 3
Trade Receivables 2,361.6 2,257.0 2,220.5
 6,751.3
Tangible Assets 8,820.72 9,366.83
2
Intangible Assets 16.2 28.46 24.31
Capital Work-In- 1,403.1
1,734.56 1,001.03
Progress 9
Other Assets 0 0 0
8,170.7
FIXED ASSETS 10,583.74 10,392.17
1
2 3 0
Cash And Cash 1,106.8
60.07 105.34
Equivalents 5
Short Term Loans
0.61 2.89 6.77
And Advances
OtherCurrentAsset
176.88 224.7 213.05
s
CURRENT
LIABILITIES
Short Term
408.86 241.99 40.82
Borrowings
2,327.6 2,340.1 4,244.8
Trade Payables
4 4 6
Other Current 2,550.6 2,440.4 2,696.9
Liabilities 3 1 5
Short Term
149.23 153.08 199.73
Provisions
TOTAL WORKING
2884.14 2782.19 2969.46
CAPITAL

TOTAL FIXED ASSET

TOTAL INVESTMENT

NON-CURRENT ASSETS
Non-Current Investments 1,078.00 26.53 1,150.34
Deferred Tax Assets [Net] 0 0 0
Long Term Loans And
0.31 12.22 2.67
Advances
Other Non-Current Assets 658.16 573.81 562.58
CURRENT ASSETS
Current Investments 2,770.39 1,513.65 4,725.83
Inventories 2,950.93 2,852.69 2,880.33
Trade Receivables 2,361.62 2,257.03 2,220.50
Cash And Cash Equivalents 60.07 1,106.85 105.34
Short Term Loans And
0.61 2.89 6.77
Advances
OtherCurrentAssets 176.88 224.7 213.05
TOTAL INVESTMENT 18227.68 19154.11 22259.58