The document analyzes the financial statements of a steel company for the fiscal year 2015-2016. It summarizes that the company's revenues declined 14.12% due to oversupply and price cuts, while expenses like finance costs and capital expenditures increased. On the assets side, tangible and intangible assets grew due to capitalization but inventories declined. The analysis examines trends in key line items and ratios to understand the company's financial performance and position.
Accounting 970643 paper 4 problem solving (supplementary topics) october nove...alproelearning
Accounting 970643 paper 4 problem solving (supplementary topics) october november 2011
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Accounting 970643 paper 4 problem solving (supplementary topics) october nove...alproelearning
Accounting 970643 paper 4 problem solving (supplementary topics) october november 2011
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
As per the data provided by the Ministry of Commerce and Industry, all‐India cement production grew by 13.4% YoY at 43.3m tonnes during Jul‐Aug 2014. The strong growth was supported by low base and unleash of pent‐up demand.
Accounting 97064 paper 4 problem solving (extension topics) may june session ...Alpro
Accounting 97064 paper 4 problem solving (extension topics) may june session 2002
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Budget Preview 2015-16: 'Acche din' for capital market?IndiaNotes.com
FY16 Union Budget would be presented in the backdrop of easing inflation and interest rates but continued growth challenges which the government needs to address.
Free Trial in Intraday Tips,Option Tips,Stock Future tips...The GRS Solution
The GRS Solution is an SEBI registered investment advisory offering expert grounded trade recommendations for stocks and equity traded. The GRS Solution are providing accurate services for traders who wish to enjoy maximum returns and profit in <a href="https://www.thegrssolution.com/stock-future-tips">Stock Market Tips</a>and share market.
As per the data provided by the Ministry of Commerce and Industry, all‐India cement production grew by 13.4% YoY at 43.3m tonnes during Jul‐Aug 2014. The strong growth was supported by low base and unleash of pent‐up demand.
Accounting 97064 paper 4 problem solving (extension topics) may june session ...Alpro
Accounting 97064 paper 4 problem solving (extension topics) may june session 2002
Advanced Level
A Level
Zimsec
Cambridge
Alpro Learning Portal
Accounting
Accounts
Zimbabwe
Principle of accounts
Budget Preview 2015-16: 'Acche din' for capital market?IndiaNotes.com
FY16 Union Budget would be presented in the backdrop of easing inflation and interest rates but continued growth challenges which the government needs to address.
Free Trial in Intraday Tips,Option Tips,Stock Future tips...The GRS Solution
The GRS Solution is an SEBI registered investment advisory offering expert grounded trade recommendations for stocks and equity traded. The GRS Solution are providing accurate services for traders who wish to enjoy maximum returns and profit in <a href="https://www.thegrssolution.com/stock-future-tips">Stock Market Tips</a>and share market.
Normal Labour/ Stages of Labour/ Mechanism of LabourWasim Ak
Normal labor is also termed spontaneous labor, defined as the natural physiological process through which the fetus, placenta, and membranes are expelled from the uterus through the birth canal at term (37 to 42 weeks
Francesca Gottschalk - How can education support child empowerment.pptxEduSkills OECD
Francesca Gottschalk from the OECD’s Centre for Educational Research and Innovation presents at the Ask an Expert Webinar: How can education support child empowerment?
How to Make a Field invisible in Odoo 17Celine George
It is possible to hide or invisible some fields in odoo. Commonly using “invisible” attribute in the field definition to invisible the fields. This slide will show how to make a field invisible in odoo 17.
2024.06.01 Introducing a competency framework for languag learning materials ...Sandy Millin
http://sandymillin.wordpress.com/iateflwebinar2024
Published classroom materials form the basis of syllabuses, drive teacher professional development, and have a potentially huge influence on learners, teachers and education systems. All teachers also create their own materials, whether a few sentences on a blackboard, a highly-structured fully-realised online course, or anything in between. Despite this, the knowledge and skills needed to create effective language learning materials are rarely part of teacher training, and are mostly learnt by trial and error.
Knowledge and skills frameworks, generally called competency frameworks, for ELT teachers, trainers and managers have existed for a few years now. However, until I created one for my MA dissertation, there wasn’t one drawing together what we need to know and do to be able to effectively produce language learning materials.
This webinar will introduce you to my framework, highlighting the key competencies I identified from my research. It will also show how anybody involved in language teaching (any language, not just English!), teacher training, managing schools or developing language learning materials can benefit from using the framework.
Model Attribute Check Company Auto PropertyCeline George
In Odoo, the multi-company feature allows you to manage multiple companies within a single Odoo database instance. Each company can have its own configurations while still sharing common resources such as products, customers, and suppliers.
Honest Reviews of Tim Han LMA Course Program.pptxtimhan337
Personal development courses are widely available today, with each one promising life-changing outcomes. Tim Han’s Life Mastery Achievers (LMA) Course has drawn a lot of interest. In addition to offering my frank assessment of Success Insider’s LMA Course, this piece examines the course’s effects via a variety of Tim Han LMA course reviews and Success Insider comments.
The French Revolution, which began in 1789, was a period of radical social and political upheaval in France. It marked the decline of absolute monarchies, the rise of secular and democratic republics, and the eventual rise of Napoleon Bonaparte. This revolutionary period is crucial in understanding the transition from feudalism to modernity in Europe.
For more information, visit-www.vavaclasses.com
A Strategic Approach: GenAI in EducationPeter Windle
Artificial Intelligence (AI) technologies such as Generative AI, Image Generators and Large Language Models have had a dramatic impact on teaching, learning and assessment over the past 18 months. The most immediate threat AI posed was to Academic Integrity with Higher Education Institutes (HEIs) focusing their efforts on combating the use of GenAI in assessment. Guidelines were developed for staff and students, policies put in place too. Innovative educators have forged paths in the use of Generative AI for teaching, learning and assessments leading to pockets of transformation springing up across HEIs, often with little or no top-down guidance, support or direction.
This Gasta posits a strategic approach to integrating AI into HEIs to prepare staff, students and the curriculum for an evolving world and workplace. We will highlight the advantages of working with these technologies beyond the realm of teaching, learning and assessment by considering prompt engineering skills, industry impact, curriculum changes, and the need for staff upskilling. In contrast, not engaging strategically with Generative AI poses risks, including falling behind peers, missed opportunities and failing to ensure our graduates remain employable. The rapid evolution of AI technologies necessitates a proactive and strategic approach if we are to remain relevant.
2. The financial data given in the
statement should be re-organized and
rearranged.
A relationship is established among
financial statements with the help of
tools and technique of analysis such as
ratio, trend, common size, fund flow
etc.
The information is interpreted in a
simple and understanding way.
The conclusion drawn from
interpretation and presented to the
management in the form of report.
3. The analysis and interpretation of financial
statements is used to determine the financial
position and the results of operation as well. A
number of methods or devices are used to study the
relationship between different statements. An effort
is made to use those devices which clearly analyze
the position of the enterprise.
The following methods of analysis are generally
used:
Comparative statement.
Trend analysis.
Common size statement.
Cash flow analysis.
Ratio analysis.
4. prese fsa.xlsx
Statement Of P&L
Net sales include sales to government
agencies recognized on provisional
contract prices during the year ended 31st
March 2016, `. 3376.11cr (P.Y `. 2907.36
cr) and cumulatively up to 31st March
2016 `.13074.67 cr (P.Y `. 9750.99 cr).
5. Interpretation of Revenues:
Operating revenue: During F.Y 2015-16 the company had
registered a growth of 4% in sales volume from 11.8MT in
2014-15 to 12.2MT in 2015-16, Despite of registering the
growth in sales volume the company’s revenue has been
declined by 14.12% due to the oversupply scenario
globally. Thereby, unprecedented imports which forced
significant price cuts by the steel producers leading to a
squeeze in margin.
To support the domestic steel industry, the government has
imposed restriction on import of steel by fixing Minimum
Import Price (MIP) with effect from 5th Feb 2016, which
lead to an increase in price of steel.
-6,000.00
4,000.00
14,000.00
24,000.00
34,000.00
44,000.00
54,000.00
31-Mar-16 31-Mar-15 31-Mar-14
Income
Revenue From Operations Less: Excise duty
Other Income Total Revenue
6. Interpretation of Expenses:
Raw materials: During the F.Y 15-16 the company
has consumed 24.83 million tons of captive iron and
0.98MT of Dolomite, 1.28 metric tons of lime stone
compared to 23.18 million tons of captive of iron and
1.11 million tons of lime stone and 0.97 million tons of
dolomite. Even though there’s an increase in
consumption, due to the reduction of input prices the
cost of material consumed has decreased.
Finance costs: Finance costs had tremendously
increased over the previous year by 40%
(Rs.590.52crores) which is due to the increase in the
borrowings from Rs.29898 crores in F.Y 14-15 to
33217 crores in F.Y 2015-16.
0.00
5,000.00
10,000.00
15,000.00
20,000.00
31-Mar-16 31-Mar-15 31-Mar-14
Expenses
Cost Of Materials Consumed Finance Costs
7. Employee costs: During the year, the Employees'
Remuneration & Benefits have increased mainly due to increase
in travel concession from `.32.54 crores to `.251.34 crores and
welfare expenses from `.481.18 crores to `.502.96 crores.
R&D Expenditure:
The R&D expenditure has an significant increase from
`.262 Crores in 2014-15 to `.277 Crores in 2015-16 and the R&D
expenditure as percentage of turnover (net of excise) has
increased from 0.58% in 2014-15 to 0.64 % in 2015-16.
Expenses: In the same way analyse all related costs and
expenses like employee cost, Depreciation and other expenses.
Eg: The increase in other expenses was on account
of increase in the cost of stores & spares, power & fuel,
repairs & maintenance, freight outward, handling expenses,
conversion expenses, security expenses, royalty & cess, etc.
8. Equity and Liabilities:
Changes in Shareholders Funds:
Share capital- No change as there is no issue of
Equity shares.
Reserves& Surplus- Due to loss of `. 4137.26
crores in current year the R&S has been
decreased by 10%.
Changes in Non Current Liabilities:
Long term Borrowings: Increase in long term
borrowings by 14% was due to issue of non-
convertible bonds.
Long term Provisions: The decrease in long
term provisions by `.62 crore was mainly on
account of decrease in the Gratuity and others.
0.00
5,000.00
10,000.00
15,000.00
20,000.00
25,000.00
30,000.00
35,000.00
40,000.00
31-Mar-16 31-Mar-15 31-Mar-14
Shareholders Funds
a) Share Capital b) Reserves and Surplus
0.00
4,200.00
8,400.00
12,600.00
16,800.00
31-Mar-16 31-Mar-15 31-Mar-14
Non-Current Liabilities
Longterm borrowings Deferred Tax Liabilities
other Long term liabilities Long term provisions
9. Changes in current Liabilities:
Short term Borrowings: The short term borrowings
increased by `.1,335 crore on account of raising of loans
from banks.
Other Current liabilities: There was an increase in other
current liabilities from `.14016.53 crores to `.15,805.56
crores, due to increase in advances from customers.
Assets:
NON-CURRENT ASSETS:
Tangible Assets: During FY 2015-16, the company has
capitalized its Steel plant worth `.9171.10 Crores, due to
which there is an increase in tangible assets and
depreciation.
Intangible Assets: Intangible assets are increased due to
mining rights.
Long Term Loans & Advances: The Company paid a
refundable contribution of `.270.34 crore to Indian
Railways for construction of rail link between Dalli-Rajhara
and Rowghat.
0.00
2,000.00
4,000.00
6,000.00
8,000.00
10,000.00
12,000.00
14,000.00
16,000.00
18,000.00
31-Mar-16 31-Mar-15 31-Mar-14
Current Liabilities
a) Short Term Borrowings b) Trade Payables
c) Other Current Liabilities d) Short Term Provisions
0.00
1,000.00
2,000.00
3,000.00
4,000.00
5,000.00
6,000.00
31-Mar-16 31-Mar-15 31-Mar-14
Non-current Assets
b) Non-Current Investments
c) Deferred Tax Assets [Net]
d) Long Term Loans And Advances
10. Capital work in progress: During FY 2015-16 CWIP has
decreased by `.4300 crores due to the capitalization of steel
plant as a result there is an increase in tangible asset.
CURRENT ASSETS:
Inventories: The inventories decreased by `.2,600 crore
mainly on account of decrease in raw materials inventory by
`.1,590 crore, finished/semi-finished products inventory by
`.674 crore and stores & spares inventory by `.336 crore.
Trade receivables: Decrease in trade receivables was by
`.359 crore mainly on account of reduction in debtors.
• The cash & bank balances decreased by `.2,008 crore.
0.00
2,000.00
4,000.00
6,000.00
8,000.00
10,000.00
12,000.00
14,000.00
16,000.00
18,000.00
20,000.00
31-Mar-16 31-Mar-15 31-Mar-14
Current Asset
a) Inventories
b) Trade Receivables
c) Cash And Cash Equivalents
d) Short Term Loans And Advances
e) OtherCurrentAssets
11. Key Point:
The company had pending court case in SC, have been disclosed as Contingent liabilities.
Adverse outcome of the following cases results in huge decrease in value of Assets.
Due to not recognizing the ab