------------------- in

Rs. Cr.
Balance Sheet of Nestle India -------------------
Dec 17 Dec-16 Dec-15 Dec-14 Dec-13

12 mths 12 mths 12 mths 12 mths 12 mths

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 96.42 96.42 96.42 96.42 96.42
Total Share Capital 96.42 96.42 96.42 96.42 96.42
Reserves and Surplus 3,324.17 2,917.28 2,721.42 2,740.79 2,272.33
Total Reserves and Surplus 3,324.17 2,917.28 2,721.42 2,740.79 2,272.33
Total Shareholders Funds 3,420.59 3,013.70 2,817.84 2,837.21 2,368.75
NON-CURRENT LIABILITIES
Long Term Borrowings 35.14 33.15 16.79 15.46 1,189.48
Deferred Tax Liabilities [Net] 121.96 154.21 172.93 222.72 215.47
Other Long Term Liabilities 0.6 0 0 0 0
Long Term Provisions 2,291.59 1,972.21 1,597.17 1,388.66 1,193.39
Total Non-Current Liabilities 2,449.29 2,159.57 1,786.89 1,626.84 2,598.34
CURRENT LIABILITIES
Short Term Borrowings 984.64 0 0.94 4.11 0.01
Trade Payables 314.02 799.16 743.54 728.71 633.04
Other Current Liabilities 106.59 512.84 465.93 409.57 500.25
Short Term Provisions 87.46 320.7 265.32 213.06 213.88
Total Current Liabilities 1,492.71 1,632.70 1,475.73 1,355.45 1,347.18
Total Capital And Liabilities 7,362.59 6,805.97 6,080.46 5,819.50 6,314.27
ASSETS
NON-CURRENT ASSETS
Tangible Assets 2,616.18 2,729.46 2,897.85 3,176.64 3,369.31
Capital Work-In-Progress 94.16 188.17 230.79 244.78 294.71
Fixed Assets 2,710.34 2,917.63 3,128.64 3,421.42 3,664.02
Non-Current Investments 585.28 474.31 341.78 304.46 224.12

Long Term Loans And Advances 46.35 135.04 130.43 129.95 123.94
Other Non-Current Assets 83.23 0 0 0 0.47
Total Non-Current Assets 3,425.20 3,526.98 3,600.85 3,855.83 4,012.55
CURRENT ASSETS
Current Investments 1,393.59 1,275.04 983.14 507.36 626.96
Inventories 902.47 943.18 820.81 844.1 735.93
Trade Receivables 88.97 97.93 78.42 99.1 84.27
Cash And Cash Equivalents 1,457.42 880 499.55 445.82 749.36

Short Term Loans And Advances 28.8 57.02 82.97 52.07 101.36
OtherCurrentAssets 66.14 25.82 14.72 15.22 3.84
Total Current Assets 3,937.39 3,278.99 2,479.61 1,963.67 2,301.72
Total Assets 7,362.59 6,805.97 6,080.46 5,819.50 6,314.27
OTHER ADDITIONAL INFORMATION
CONTINGENT LIABILITIES, COMMITMENTS
Contingent Liabilities 32.24 81.44 111.92 43.53 72.68
CIF VALUE OF IMPORTS
Raw Materials 0 291.91 301.03 354.42 299.44

Stores, Spares And Loose Tools 0 14.58 12.76 14.91 14.98

Trade/Other Goods 0 46.21 40.38 35.87 30.21
Capital Goods 0 77.16 14.85 25.76 69.86
EXPENDITURE IN FOREIGN EXCHANGE
Expenditure In Foreign Currency 1,429.10 476.95 402.28 473.02 462.58
REMITTANCES IN FOREIGN CURRENCIES FOR
DIVIDENDS
Dividend Remittance In Foreign
Currency - 354.01 257.18 381.24 293.5
EARNINGS IN FOREIGN EXCHANGE
FOB Value Of Goods - 477.32 482.78 489.84 486.72
Other Earnings 662.66 178.4 150.66 151.3 136.4
BONUS DETAILS
Bonus Equity Share Capital 73.41 73.41 73.41 73.41 73.41
NON-CURRENT INVESTMENTS
Non-Current Investments Quoted
Market Value 589.32 478.76 304.46 270.19 97.51
Non-Current Investments Unquoted
Book Value 31.88 51.88 51.88 51.88 126.61
CURRENT INVESTMENTS
Current Investments Quoted Market
Value 1,393.46 1,281.13 987.09 510.28 630.21
Current Investments Unquoted
Book Value - - - - -

Vertical Analysis Dec 17 Dec-16 Dec-15

FUNDS EMPLOYED
Shareholders' Funds
Share Capital
Reserves and Surplus
Shareholders' equity
Loan Funds
Secured Loans
Unsecured Loans
Loans
Deferred Tax Liability (Net)
Minority Interest
Total

APPLICATION OF FUNDS
Goodwill on consolidation
 Fixed Assets
Gross Block
Less: Depreciation/Amortisation
Net Block
Add : Capital Work in Progress
Net Fixed Assets
Investments
Total Long Term Assets
Current Assets, Loans and Advances
Cash and Bank Balances
Interest accrued on investments
Inventories
Sundry debtors (receivables)
Other Current Assets
Loans and Advances
Total Current Assets
Current Liabilities and Provisions
Current Liabilities
Provisions
Total Current Liabilities
Net Current Assets
Total

Ratio Analysis

Solvency Ratios Dec 17 Dec-16 Dec-15 Dec-14

Current ratio 2.6 2.0 1.7 1.4
Quick ratio 2.0 1.4 1.1 0.8
Cash ratio 1.0 0.5 0.3 0.3

Turnover Ratios Dec 17 Dec-16 Dec-15 Dec-14

Receivables turnover 10.8 10.4 9.8 12.4
Inventory turnover 4.6 4.3 4.0 5.7
Payables turnover 7.5 5.1 4.5 6.7

Average receivables collect 33.8 35.1 37.4 29.4

Average inventory processi 79.6 85.3 90.5 64.3
Average payment period 48.5 72.2 80.6 54.1
Cash Conversion - 161.9 192.7 208.4 147.9

Operating Efficiency Dec 17 Dec-16 Dec-15 Dec-14

Total asset turnover 1.4 1.4 1.4 1.6
Net fixed asset turnover 3.5 3.0 2.5 2.8
Equity turnover 3.1 3.1 2.9 3.8

Operating Profitability Dec 17 Dec-16 Dec-15 Dec-14

Gross Profit Margin 57.5% 58.8% 58.7% 54.3%
Operating Profit Margin 98.9% 98.5% 97.7% 97.9%
Net Profit Margin 12.3% 10.1% 6.9% 12.1%

Return on total capital 75.2% 87.6% 81.0% 293.1%

Return on total equity 38.1% 31.8% 19.9% 45.8%

ROE DuPont Analysis Dec 17 Dec-16 Dec-15 Dec-14

Profit Margin 12.3% 10.1% 6.9% 12.1%
Asset Turnover 1.4 1.4 1.4 1.6
Financial Leverage 2.20 2.21 2.10 2.33
ROE 38.1% 31.8% 19.9% 45.5%

Financial Risk Ratios Dec 17 Dec-16 Dec-15 Dec-14

Debt to equity ratio
Debt ratio
Interest coverage ratio
Dec-14 Dec-13
Dec-13
1.7 the curent ration has increased a lot from 2013 to 2017 which means the companyhas more amout of asset to pay o
1.2 this ratio indicates to pay off every 1 liability the company has 2 liquid assets
0.6 this ratio shows that for every liability the company has 1 cash

Dec-13

Dec-13
Dec-13
56.9%
97.7%
12.3%

Dec-13

Dec-13
has more amout of asset to pay off its liability. For every 1 liability the company has 2.6 assets to pay it off.
Nestle India Previous Years »
---------------
---- in Rs.
Cr.
---------------
Standalone Profit & Loss account ----
Dec 17 Dec-16 Dec-15 Dec-14 Dec-13

12 mths 12 mths 12 mths 12 mths 12 mths

INCOME
Revenue From Operations [Gross] 10,135.11 9,491.72 8,430.44 10,129.50 9,379.87
Less: Excise/Sevice Tax/Other Levies 182.58 332.44 307.17 323.23 317.97
Revenue From Operations [Net] (total sales) 9,952.53 9,159.28 8,123.27 9,806.27 9,061.90
Other Operating Revenues 57.07 64.52 52.04 48.57 39.15
Total Operating Revenues 10,009.60 9,223.80 8,175.31 9,854.84 9,101.05
Other Income 176.92 149.39 110.09 87.32 83.09
Total Revenue 10,186.52 9,373.19 8,285.40 9,942.16 9,184.14
EXPENSES
Cost Of Materials Consumed 4,231.66 3,775.09 3,358.87 4,482.54 3,906.99
Purchase Of Stock-In Trade 174.76 115.38 98.07 108.85 110.04

Changes In Inventories Of FG,WIP And Stock-In Trade -79.56 -10.78 11.97 -67.43 105.32
Employee Benefit Expenses 1,017.45 1,073.36 912.75 819.74 741.5
Finance Costs 91.9 3.51 3.29 14.23 36.51
Provsions and Contingencies 87.65 180.3 63.46 61.38 62.05
Depreciation And Amortisation Expenses 342.25 353.62 347.26 337.54 329.95
Other Expenses 2,481.11 2,379.03 2,175.26 2,409.45 2,227.57
Total Expenses 8,347.22 7,869.51 6,970.93 8,166.30 7,519.93
Dec-17 Dec-16 Dec-15 Dec-14 Dec-13

12 mths 12 mths 12 mths 12 mths 12 mths

Profit/Loss Before Exceptional, ExtraOrdinary Items

And Tax 1,839.30 1,503.68 1,314.47 1,775.86 1,664.21
Exceptional Items 0 -62.14 -500.84 7 13.81
Profit/Loss Before Tax 1,839.30 1,441.54 813.63 1,782.86 1,678.02
Tax Expenses-Continued Operations
Current Tax 649.17 533.71 289.89 582.41 507.5
Deferred Tax -35.06 -18.71 -39.53 7.25 53.39
Total Tax Expenses 614.11 515 250.36 589.66 560.89

Profit/Loss After Tax And Before ExtraOrdinary Items 1,225.19 926.54 563.27 1,193.20 1,117.13
Extraordinary Items 0 0 0 -8.51 0
Profit/Loss From Continuing Operations 1,225.19 926.54 563.27 1,184.69 1,117.13
Profit/Loss For The Period 1,225.19 926.54 563.27 1,184.69 1,117.13
Dec-17 Dec-16 Dec-15 Dec-14 Dec-13
 12 mths 12 mths 12 mths 12 mths 12 mths

OTHER ADDITIONAL INFORMATION

EARNINGS PER SHARE
Basic EPS (Rs.) 127.07 96.1 58 123 116
Diluted EPS (Rs.) 127.07 96.1 58 123 116
VALUE OF IMPORTED AND INDIGENIOUS RAW MATERIALS
Imported Raw Materials 0 360.98 379.88 419.81 360.39
Indigenous Raw Materials 0 2,750.90 2,430.65 3,304.58 2,843.25
STORES, SPARES AND LOOSE TOOLS
Imported Stores And Spares 0 10.44 11.58 10.84 10.19
Indigenous Stores And Spares 0 79.06 71.32 72.41 61.25
DIVIDEND AND DIVIDEND PERCENTAGE
Equity Share Dividend 829.18 607.42 467.62 607.42 467.62
Tax On Dividend 168.77 123.66 95.63 109.16 79.47
Equity Dividend Rate (%) 860 630 485 630 485

Vertical Analysis Dec-17 Dec-16 Dec-15 Dec-14 Dec-13

Income
Revenue From Operations [Gross] 100.00% 100.00% 100.00% 100.00% 100.00%
Less: Excise/Sevice Tax/Other Levies 0.018015 0.035024 0.036436 0.03191 0.033899
Revenue From Operations [Net] 100% 100% 100% 100% 100%
Other Operating Revenues 1% 1% 1% 0% 0%
Total Operating Revenues 101% 101% 101% 100% 100%
Other Income 2% 2% 1% 1% 1%
Total Revenue 102% 102% 102% 101% 101%
EXPENSES 0% 0% 0% 0% 0%
Cost Of Materials Consumed 43% 41% 41% 46% 43%
Purchase Of Stock-In Trade 2% 1% 1% 1% 1%

Changes In Inventories Of FG,WIP And Stock-In Trade -1% 0% 0% -1% 1%

Employee Benefit Expenses 10% 12% 11% 8% 8%
Finance Costs 1% 0% 0% 0% 0%
Provsions and Contingencies 1% 2% 1% 1% 1%
Depreciation And Amortisation Expenses 3% 4% 4% 3% 4%
Other Expenses 25% 26% 27% 25% 25%
Total Expenses 84% 86% 86% 83% 83%
Profit/Loss Before Exceptional, ExtraOrdinary Items
And Tax 433% 466% 521% 428% 459%
Exceptional Items 0% 0% 0% 0% 0%
Profit/Loss Before Tax
Tax Expenses-Continued Operations 0% 0% 0% 0% 0%
Current Tax 18% 16% 16% 18% 18%
Deferred Tax 0% -1% -6% 0% 0%
Total Tax Expenses 18% 16% 10% 18% 19%
Profit/Loss After Tax And Before ExtraOrdinary Items 0% 0% 0% 0% 0%
Extraordinary Items 7% 6% 4% 6% 6%
Profit/Loss From Continuing Operations 0% 0% 0% 0% 1%
Profit/Loss For The Period 6% 6% 3% 6% 6%

Horizontal Analysis
Dec-17 Dec-16 Dec-15 Dec-14 Dec-13
Income
Revenue From Operations [Gross] 7% 13% -17% 8%
Less: Excise/Sevice Tax/Other Levies -45% 8% -5% 2%
Revenue From Operations [Net] 9% 13% -17% 8%
Other Operating Revenues -12% 24% 7% 24%
Total Operating Revenues 9% 13% -17% 8%
Other Income 18% 36% 26% 5%
Total Revenue 9% 13% -17% 8%
EXPENSES
Cost Of Materials Consumed 12% 12% -25% 15%
Purchase Of Stock-In Trade 51% 18% -10% -1%

Changes In Inventories Of FG,WIP And Stock-In Trade 638% -190% -118% -164%
Employee Benefit Expenses -5% 18% 11% 11%
Finance Costs 2518% 7% -77% -61%
Provsions and Contingencies -51% 184% 3% -1%
Depreciation And Amortisation Expenses -3% 2% 3% 2%
Other Expenses 4% 9% -10% 8%
Total Expenses 6% 13% -15% 9%
Profit/Loss Before Exceptional, ExtraOrdinary Items
And Tax 22% 14% -26% 7%
Exceptional Items -100% -88% -7255% -49%
Profit/Loss Before Tax 28% 77% -54% 6%
Tax Expenses-Continued Operations
Current Tax 22% 84% -50% 15%
Deferred Tax 87% -53% -645% -86%
Total Tax Expenses 19% 106% -58% 5%

Profit/Loss After Tax And Before ExtraOrdinary Items 32% 64% -53% 7%
Extraordinary Items -100%
Profit/Loss From Continuing Operations 32% 64% -52% 6%
Profit/Loss For The Period 32% 64% -52% 6%
Nestle
India Previous Years »
---------------
---- in Rs.
Cr.
---------------
Cash Flow ----
Dec 17 Dec-16 Dec-15 Dec-14 Dec-13

12 mths 12 mths 12 mths 12 mths 12 mths

Net
Profit/Los
s Before
Extraordin
ary Items
And Tax 1,839.30 1,441.54 813.63 1,774.35 1,678.02

Net
CashFlow
From
Operating
Activities 1,817.79 1,465.91 1,098.10 1,644.02 1,796.40

Net Cash
Used In
Investing
Activities -130.56 -127.41 -70.48 -431.7 -440.94

Net Cash
Used From
Financing
Activities -996.62 -666.55 -498.32 -1,635.28 -580.12

Net
Inc/Dec In
Cash And
Cash
Equivalen
ts 690.61 671.95 529.3 -422.96 775.34

Cash And
Cash
Equivalent
s Begin of
Year 2,150.67 1,472.41 943.11 1,366.07 590.73

Cash And
Cash
Equivalent
s End Of
Year 2,841.28 2,144.36 1,472.41 943.11 1,366.07