Balance Sheets ,Income and Trade

Analysis
MARUTI SUZUKI INDIA LTD.

By
G. Hareesh
B. Sukesh
K. Hareesh
P.Ravi Teja
Pranay Kiran
P.Narendra Babu
HISTORY AND OVERVIEW
 Maruti Suzuki India Limited a subsidiary of Suzuki
Motor Corporation of Japan, is India's largest passenger car
company, accounting for over 45% of the domestic car
market.
 Until recently, 18.28% of the company was owned by
the Indian Government, and 54.2% by Suzuki of Japan. The
BJP-led government held an initial public offering of 25%
of the company in June 2003. As of 10 May 2007, Govt. of
India sold its complete share to Indian financial
institutions.
 Shareholders
Total No. of shares: 288,910,060

Shareholder Percentage
SUZUKI MOTOR CORPORATION 54.21

HSBC GLOBAL INVESTMENT FUND 2.76

SBI(EQUITY) 1.72

LIFE INSURANCE CORPORATION OF INDIA 11.05

LIC(MARKET PLUS) 1.66

LIC(MONETARY PLUS) 1.89

BALANCE SHEET
 A statement of a company's assets, liabilities,
and stockholder equity at a given period of time, such as the
end of a quarter or year.
 A balance sheet is a record of what a company has and how
it has come to have it.
 A balance sheet is divided into two main sections,
1. Assets
2. Liabilities
 In this, we are going to report under these two headings.
1. Sources of funds.
2. Application of funds.
 BALANCE SHEET 2009-2010
As at 31st March,2010
(Rs. In Million)

Shareholders’ funds 118,351

Capital 1,445
Reserves and Surplus 116,906

Loan funds 8,214

Secured Loans 265
Unsecured Loans 7,949
Deferred Tax 1,370
Deferred Tax Liabilities 2206
Deferred Tax Assets 836 (-)

TOTAL 127,935
 Application of Funds
Fixed Assets 50,247
Gross Block 104,067
Depreciation 53,820 (-)
Capital Work-in-Progress 3,876

Investments 71,766

Net Current assets ,loans and 2,046

advances
Inventories 12,088
Sundry Debtors 8,099
Cash and Bank balances 982
Other current assets 848
Loans and advances 15,707
Current liabilities and provisions 35,678 (-)

TOTAL 127,935
 Thus the company calculates all of its Profits and
losses through the Balance sheet . The different forms
in which Income is earned and spent is tabulated as
follows:

INCOME
INCOME Amount( Rs. In Million)
GROSS SALES 318,703
EXCISE DUTY(LESS) 28,488
(-)
NET SALES 289,585

INCOME FROM SERVICES 1404

OTHER INCOME 10,209

Total Income=301,198
EXPENDITURE AMOUNT(IN MILLIONS)
CONSUMPTION OF RAW 214,881
MATERIALS/COMPONENTS
PURCHASE OF TRADED GOODS 9,050
CONSUMPTION OF STORES 2,432
EMPLOYEES REMUNERATION AND 5,456
BENEFITS
MANUFACTURING,ADMINISTRATIV 17,938
E /OTHER EXPENSES
SELLING/DISTRIBUTION EXPENSES 9,160

EXPENDITURE AMOUNT
VEHICLES FOR OWN USE 256 (-)
INCREASE/DECREASE IN FINISHED 1933
GOODS/SPARE PARTS

TOTAL EXPENDITURE=256,688
Manufacturing , Administrative and other
expenses
TOTAL 17,938
Power and Fuel 2166
Rent 155
Rates, taxes and fees 460
Insurance 70
Repairs and Maintenance 657
Royalty 10,182
Tools/Machinery Spares charged 867
off
Net loss on sale/discarding of fixed 97
assets
Provision for doubtful debts -
Exchange Variation(Net)
Loss on sale of short-term 11
investment
Other Miscellaneous Expenses 3,138
Hence Income-Expenditure gives EBIDTA(Earnings Before Interest,
Depreciation, Tax and Amortization)

EBIDTA 44,510(301,198-256,688)
INTEREST 335
DEPRECIATION 8,250
TOTAL 8,585
Hence PBA 35,925(44,150-8,585)

When Interest and Depreciation are Subtracted from EBIDTA, we

get PBA—Profit before Tax.

And when Taxes of all forms are subtracted from PBA, we get the
PAT…Profit After Tax.
 PROFIT BEFORE TAX 35,925
CURRENT TAX(LESS) 11,230 (-)
DEFERRED TAX 281

PAT=24,976
PROFIT AFTER TAX 24,976
BALANCE CARRIED FROM 80,042
PREVIOUS YEAR

TOTAL PROFIT
AVAILABLE=105,018

After Subtracting appropriations due to corporate and dividend

taxes, we hence fore get the BALANCE CARRIED FORWARD
TO BALANCE SHEET. And it is
Balance carried=105,018-4519(due to all other appropriations)
=100,499
 Total Income
03-04 04-05 05-06 06-07 07-08 08-09 09-10
94,866 113,538 124,814 154,894 188,238 214,538 214,538

Total Expenditure
03-04 04-05 05-06 06-07 07-08 08-09 09-10
81,061 95,398 104,256 128,572 180,045 187,610 256,668

Balance carried forward to Balance Sheet

03-04 04-05 05-06 06-07 07-08 08-09 09-10
27,574 34,421 43,939 57,863 70,257 80,042 100,499
 Profit before Tax
03-04 04-05 05-06 06-07 07-08 08-09 09-10
7,698 13,049 17,500 23,163 25,030 16,758 35,925
 Profit after Tax
03-04 04-05 05-06 06-07 07-08 08-09 09-10
5,421 8,536 11,891 15,883 17,308 12,187 24,976
DIVIDENDS and BOOK VALUE
Every company issues dividend upon its profits to its
shareholders.
In the Profit After Tax, the company reserves a
particular amount to distribute amongst its
shareholders.
Balance carried over to next year= PAT-(Proposed
Dividend+Corporate Dividend Tax+Other
appropriations)
This carried balance counts over to the reserves and
surplus and thus adds to the Book Value.
 Basic/Diluted Earnings Per Share (in Rs)
03-04 04-05 05-06 06-07 07-08 08-09 09-10
18.77 29.55 41.16 54.98 59.91 42.18 86.45
DOMESTIC MARKET

SALES AND COMPETITIVENESS

CARS IN DIFFERENT SEGMENTS
A1 ,A2 and C A3
A1 SEDAN
MARUTI 800 SX4
A2
ALTO
A-STAR
SWIFT
WAGON-R
C(Van type)
MARUTI OMNI
VERSA
INTERNATIONAL MARKETS

EXPORTS AND COMPETITORS

EXPORT REGIME OF MARUTI SUZUKI
In 2005,

In 2008,
THANK YOU