Reliance Industries Ltd is an Indian conglomerate founded as a textile company by Dhirubhai Ambani. The company has diversified into petrochemicals, oil and gas exploration, refining and other industries. The balance sheet comparison from 2009 to 2010 shows an increase in total assets but a decrease in total liabilities. Key increases include net block, inventories and debtors. However, capital work in progress and unsecured loans decreased significantly. The current financial position is assessed as weak due to negative working capital in both years.

1. COMPARATIVE STATEMENT OF RELIANCE INDUSTRIES LTD SUBMITTED BY GROUP NO. 4 SEC-PGPM (A) Under the guidance of Prof. Smita S. Sahoo

6. Balance sheet of Reliance Industries Limited 2009 (Rupees in Cr.) 2010 (Rupees in Cr.) Application Of Funds Gross Block 149,628.70 215,864.71 Less: Accum. Depreciation 49,285.64 62,604.82 Net Block 100,343.06 153,259.89 Capital Work in Progress 69,043.83 12,138.82 Investments 20,268.18 19,255.35 Inventories 14,836.72 26,981.62 Sundry Debtors 4,571.38 11,660.21 Cash and Bank Balance 500.13 362.36 Total Current Assets 19,908.23 39,004.19 Loans and Advances 13,375.15 10,517.57 Fixed Deposits 23,014.71 17,073.56 Total CA, Loans & Advances 56,298.09 66,595.32 Deffered Credit 0 0 Current Liabilities 42,664.81 48,018.65 Provisions 3,010.90 3,565.43 Total CL & Provisions 45,675.71 51,584.08 Net Current Assets 10,622.38 15,011.24 Miscellaneous Expenses 0 0 Total Assets 200,277.45 199,665.30 Sources of funds Total Share Capital 1,573.53 3,270.37 Equity Share Capital 1,573.53 3,270.37 Share Application Money 69.25 0 Preference Share Capital 0 0 Reserves 112,945.44 125,095.97 Revaluation Reserves 11,784.75 8,804.27 Networth 126,372.97 137,170.61 Secured Loans 10,697.92 11,670.50 Unsecured Loans 63,206.56 50,824.19 Total Debt 73,904.48 62,494.69 Total Liabilities 200,277.45 199,665.30

7. Balance sheet of Reliance Industries Limited 2009 (Rupees in Cr.) 2010 (Rupees in Cr.) amount of increase/ decrease Percentage(%) of increase/ decrease Application Of Funds Gross Block 149,628.70 215,864.71 66,236.01 44.27 Less: Accum. Depreciation 49,285.64 62,604.82 13,319.18 27.02 Net Block 100,343.06 153,259.89 52,916.83 52.74 Capital Work in Progress 69,043.83 12,138.82 -56,905.01 -82.42 Investments 20,268.18 19,255.35 -1,012.83 -5.00 Inventories 14,836.72 26,981.62 12,144.90 81.86 Sundry Debtors 4,571.38 11,660.21 7,088.83 155.07 Cash and Bank Balance 500.13 362.36 -137.77 -27.55 Total Current Assets 19,908.23 39,004.19 19,095.96 95.92 Loans and Advances 13,375.15 10,517.57 -2,857.58 -21.36 Fixed Deposits 23,014.71 17,073.56 -5,941.15 -25.81 Total CA, Loans & Advances 56,298.09 66,595.32 10,297.23 18.29 Deffered Credit 0 0 0.00 0.00 Current Liabilities 42,664.81 48,018.65 5,353.84 12.55 Provisions 3,010.90 3,565.43 554.53 18.42 Total CL & Provisions 45,675.71 51,584.08 5,908.37 12.94 Net Current Assets 10,622.38 15,011.24 4,388.86 41.32 Miscellaneous Expenses 0 0 0.00 0.00 Total Assets 200,277.45 199,665.30 -612.15 -0.31 Sources of funds Total Share Capital 1,573.53 3,270.37 1,696.84 107.84 Equity Share Capital 1,573.53 3,270.37 1,696.84 107.84 Share Application Money 69.25 0 -69.25 -100.00 Preference Share Capital 0 0 0.00 0.00 Reserves 112,945.44 125,095.97 12,150.53 10.76 Revaluation Reserves 11,784.75 8,804.27 -2,980.48 -25.29 Networth 126,372.97 137,170.61 10,797.64 8.54 Secured Loans 10,697.92 11,670.50 972.58 9.09 Unsecured Loans 63,206.56 50,824.19 -12,382.37 -19.59 Total Debt 73,904.48 62,494.69 -11,409.79 -15.44 Total Liabilities 200,277.45 199,665.30 -612.15 -0.31