Horizontal Balance Sheet

As at December 31, 2001

Nestle India Ltd.
2001 2000 Increase/ Decrease over
(Rs. in (Rs. in 2000
thousands) thousands) Amount %
SOURCES OF FUNDS
SHAREHOLDERS’ FUNDS:
Capital 9,64,157 9,64,157 0 0.00
Reserves and Surplus 16,88,441 16,15,404 73,037 4.52
26,52,598 25,79,561 73,037 2.83
LOAN FUNDS:
Secured Loans 13,99,082 7,90,061 6,09,021 77.09
Unsecured Loans -- 60,000 (60,000) -100.00
13,99,082 8,50,061 5,49,021 64.59
TOTAL 40,51,680 34,29,622 6,22,058 18.14
APPLICATIONS OF FUNDS
FIXED ASSETS:
Gross Block 70,81,308 67,70,725 3,10,583 4.59
Less: Depreciation 30,04,804 26,44,811 3,59,993 13.61
Net Block 40,76,504 41,25,914 (49,410) -1.20
Capital work-in-progress 1,88,302 48,819 1,39,483 285.71
42,64,806 41,74,733 90,073 2.16
INVESTMENTS 1,04,611 10 1,04,601 10,46,010
CA, LOANS & ADVANCES:
Inventories 21,27,345 20,64,071 63,274 3.07
Debtors 2,92,326 3,11,139 (18,813) -6.05
Cash & Bank balances 41,869 1,01,039 (59,170) -58.56
Loans and Advances 11,33,537 8,72,306 .2,61,231 29.95
35,95,077 33,48,555 2,46,522 7.36
Less: CL & PROVISIONS:
Liabilities 20,09,616 19,22,001 87,615 4.56
Provisions 18,11,336 21,71,675 (3,60,339) -16.59
38,20,952 40,93,676 (2,72,724) -6.66
NET CURRENT ASSETS (2,25,875 (7,45,121) (5,19,246) -69.69
DEFERRED TAX LIA (NET) (91,862) -- (91,862) --
TOTAL 40,51,680 34,29,622 6,22,058 18.14
 Horizontal P & L A/c
For the year ended December 31, 2001
Nestle India Ltd.
Particulars 2001 2000 Increase/ Decrease
(Rs. in (Rs. in over 2000
thousands) thousands) Amount %
Domestic sales 1,61,10,845 1,41,19,411 19,91,434 14.10
Exports 30,99,146 26,55,126 4,44,020 16.72
Total sales 1,92,09,991 1,67,74,537 24,35,454 14.52
Less: Excise duty 10,05,165 9,54,528 50,637 5.30
Net sales 1,82,04,826 1,58,20,009 23,84,817 15.07
Materials consumed 82,12,480 72,64,663 9,47,817 13.05
Manufacturing expenses 68,15,588 57,92,513 10,23,075 17.66
Provision for contingencies 1,80,943 2,94,606 -1,13,663 -38.58
Other income (operating) (-) 62,833 (-) 28,318 34,515 121.88
PBDIT 30,58,648 24,96,545 5,62,103 22.52
Depreciation 4,34,740 3,78,640 56,100 14.82
Impairment loss on FA 13,921 33,277 -19,356 -58.17
Deficit on FA sold 33,164 23,289 9,875 42.40
PBIT 25,76,823 20,61,339 5,15,484 25.01
Interest 98,604 1,49,022 -50,418 -33.83
Other Income (nonoperating) (-) 99,488 (-) 78,577 20,911 26.61
PBT 25,77,707 19,90,894 5,86,813 29.47
Provision for IT: 14.91
Current IT 9,25,051 8,05,000 1,20,051 ----
Deferred IT (-) 78,864 --- (-) 78,864 5.12
Total IT 8,46,187 8,05,000 41,187
PAT 17,31,520 11,85,894 5,45,626 46.00