Profit loss account

income
Operating income
Expenses
Material consumed
Manufacturing expenses
Personnel expenses
Selling expenses
Adminstrative expenses
Expenses capitalised
Cost of sales
Operating profit
Other recurring income
Adjusted PBDIT
Financial expenses
Depreciation
Other write offs
Adjusted PBT
Tax charges
Adjusted PAT
Non recurring items
Other non cash adjustments
Reported net profit
Earnigs before appropriation
Equity dividend
Preference dividend
Dividend tax
Retained earnings

Balance sheet
Sources of funds
Owner's fund
Equity share capital
Share application money
Preference share capital
Reserves & surplus
Loan funds
Secured loans
Unsecured loans
Total
Uses of funds
Fixed assets
Gross block
Less : revaluation reserve
Less : accumulated depreciation
Net block
Capital work-in-progress
Investments
Net current assets
Current assets, loans & advances
Less : current liabilities & provisions
Total net current assets
Miscellaneous expenses not written
Total
Notes:
Book value of unquoted investments
Market value of quoted investments
Contingent liabilities
Number of equity sharesoutstanding (Lacs)
Mar ' 09

12,325.38

8,820.05
427.78
448.65
582.16
293.72
-
10,572.36
1,753.02
108.56
1,861.58 t 3498.74
13.04
180.66 f 1364.98
-
1,667.88 c 719.69
499.7
1,168.18 w -1183.76
113.58
- c em 3393.49
1,281.76
3,303.53
399.38
-
67.87
2,836.28

Mar ' 09

39.94
-
-
3,760.81

-
78.49
3,879.24

2,516.27
-
942.56
1,573.71
120.54
3,368.75

1,022.14
2,205.90
-1,183.76
-
3,879.24

3,305.14
40.55
100.54
1996.88
HERO HONDA MOTORS LTD.

LIQUDITY RATIO

CURRENT RATIO

QUICK RATIO

ABSOULATE LIQUID RATIO

EFFICIENCY RATIO

STOCK TURNOVER RATIO

INVENTORY CONVERSION RATIO

DEBTOR TURNOVER RATIO

AVERAGE COLLECTION PERIOD

CREDITORS TURNOVER RATIO

AVERAGE PAYMENT PERIOD

WORKING CAPITAL TURNOVER RATIO

LEVARGE/ CAPITAL STURUCTURE RATIO

DEBT EQUITY RATIO

DEBT TO TOTAL CAPITAL RATIO

PROPRIETARY RATIO
INTEREST COVERAGE RATIO

DIVIDENT COVERAGE RATIO

DEBT SERVICE COVERAGE RATIO

PROFITABILITY RATIO
GROSS PROFIT MARGIN

OPERATIING PROFIT MARGIN

PRE- TAX PROFIT MARGIN

NET PROFIT MARGIN

EXPENSES RATIO

COGS RATIO

OPERATING EXPENSES RATIO

OPERATING RATIO

RELATED TO INVESTMENT

RETURN ON SHAREHOLDER,S INVESTMENT

RETURN ON EQUITY CAPITAL

EARNING PER SHARE

DIVIDENT PER SHARE

DIVIDENT PAY OUT RATIO

EARNING YIELD RATIO

DIVIDENT YIELD RATIO

PRICE EARNING RATIO

BOOK VALUE PER SHARE

RETURN ON ASSESTS

RETURN ON CAPITAL EMPLOYED

ASSETS/ INVESTMENT TURNOVER RATIO

TOTAL ASSETS TURNOVER RATIO

FIXED ASSETS TURNOVER RATIO

CAPITAL TURNOVER RATIO

CURRENT ASSETS TURNOVER RATIO

WORKING TURNOVER RATIO

FORMULA calculations

CA/CL 1022.14/2205.90

Quick Assets/CL 695.31 / 2205.90

Absolute Liquid Assets/CL 542.49 / 2205.90

COGS/Average Inventory at Cost 12356.88 / 321.96

Days in a year/Inventory Turnover Ratio 365 / 38.38

Net Credit Annual Sales/Average Debtors 12356.88 / 447.38

No. of Working Days/Debtors Turnover Ratio 365 / 27.62

Net Credit Annual Purchases/Average Creditors 2622.86 / 1459.1

No. of Working Days/Creditors Turnover Ratio 365 / 1.79

Cost of Sales/Average Net Working Capital

Long-Term Debt/Shareholder’s Equity

Long-Term Debt/Permanent Capital

Proprietor’s Fund/Total Assets

EBIT/Interest 1781.46 / 31.68

EAT/Preference Dividend 1281.76 / 00

(EAT + Interest + Depreciation + Other Non Cash Expenses)/Instalment

(Gross Profit/Net Sales) X 100 1930.44 / 12356.88 * 100

EBIT/Net Sales 1781.46 / 12356.88

EBT/Net Sales 1930.44 / 12356.88 *100

EAT/Net Sales 1281.76 / 12356.88 *100

(COGS/Net Sales) X 100

(Operating Expenses/Net Sales) X 100

(COGS + Operating Expenses/Net Sales) X 100

(Net Profit After Tax/Shareholders’ Funds) X 100

(Net Profit After Tax – Preference Dividend)/Equity Share Capital

(Net Profit After Tax – Preference Dividend)/No. of Outstanding Equity Shares

Dividend Paid to Ordinary Shareholders/No. of Ordinary Shares Outstanding

(Total dividend given to equity shareholders/Total net profit belonging to equity sharehol

(EPS/Market Value per Share) X 100 64.2 / 1600.55 *100

(DPS/Market Value per Share) X 100

Market Price per Share/EPS

Net Worth/No. of Equity Shares Outstanding

(Net Profit After Tax/Average Total Assets) X 100 1281.76 / 3498.74

EBIT/Average Capital Emloyed 1781.46 / 3393.49

COGS or Sales/Average Total Assets 12356.88 / 3498.74

COGS or Sales/Average Fixed Assets 12356.88 / 1364.98

COGS or Sales/Average Capital Employed 12356.88 / 3393.49

COGS or Sales/Average Current Assets 12356.88 / 719.69

COGS or Sales/Net Working Capital 12356.88 / (1183.76)

RATIO

0.46

0.31

0.24

38.38

9.5

27.62

13.2

1.79

203.9

nil

nil
 56.2

nil

nil

15.6

14.4

15.6

10.3

37.8

64.2

20

36.5

4.01

1.25
 15.7

190.33

0.36

52

3.53

9.05

3.64

17.16

10.4
Ratios Mar ' 09
Per share ratios
Adjusted EPS (Rs) 58.5
Adjusted cash EPS (Rs) 67.55
Reported EPS (Rs) 64.19
Reported cash EPS (Rs) 73.24
Dividend per share 20
Operating profit per share (Rs) 87.79
Book value (excl rev res) per share (Rs) -
Book value (incl rev res) per share (Rs.) -
Net operating income per share (Rs) 617.23
Free reserves per share (Rs) 188.33
Profitability ratios
Operating margin (%) 14.22
Gross profit margin (%)
Net profit margin (%) 10.3
Adjusted cash margin (%) 10.84
Adjusted return on net worth (%) 30.73
Reported return on net worth (%) 33.72
Return on long term funds (%) 43.33
Leverage ratios
Long term debt / Equity 0.02
Total debt/equity 0.02
Owners fund as % of total source 97.97
Fixed assets turnover ratio 5.34
Liquidity ratios
Current ratio 0.46
Current ratio (inc. st loans) 0.46
Quick ratio 0.31
Inventory turnover ratio 47.53
Payout ratios
Dividend payout ratio (net profit) 36.45
Dividend payout ratio (cash profit) 31.95
Earning retention ratio 60.01
Cash earnings retention ratio 65.36
Coverage ratios
Adjusted cash flow time total debt 0.05
Financial charges coverage ratio 142.76
Fin. charges cov.ratio (post tax) 113.15
Component ratios
Material cost component (% earnings) 71.73
Selling cost Component 4.72
Exports as percent of total sales 2.01
Import comp. in raw mat. consumed 0.79
Long term assets / total Assets 0.82
Bonus component in equity capital (%) 59.98