Market Overview_India

Market Overview_India - Nature of fund Internal Sources...

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Nature of fund 2010-11 2009-10 2008-09 2007-08 2006-07 Internal Sources Internal accrual from operations 561,711,191 313,591,677 562,012,206 880,449,031 559,414,695 Internal accrual from non- operations 92,010,094 69,341,884 190,592,657 168,086,531 70,689,477 Total internal sources of financing 653,721,285 382,933,561 752,604,863 1,048,535,562 630,104,172 External Sources Proceeds from Borrowings 1,218,451,035 1,836,449,154 1,466,445,786 245,609,995 737,054,307 Net proceeds from Debentures 0 (150,000,000) 250,000,000 0 0 Net external sources of financing 1,218,451,035 1,686,449,154 1,716,445,786 245,609,995 737,054,307 Proportion of Internal sources 0.349177946 0.185047241 0.304815482 0.304815482 0.460885978 Proportion of External sources 0.650822054 0.814952759 0.695184518 0.189785449 0.539114022 Roll No: B11024 Topic: Long term financing, EVA and MVA BLK Notes:- 1. Internal sources of fund include internal accruals from operations as well as non- operations. 2. Internal accruals from operation include retained earnings and depreciation. 3. Internal accruals from non-operation includes sale of fixed assets and investment, interest and dividend received.
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4. External sources of financing include net borrowings and issue/redemption of debentures and share. 5. Here BLK =B L Kashyap and Sons Limited & ACI =Ahluwalia Contracts India. ACI Nature of fund 2010-11 2009-10 2008-09 2007-08 2006-07 Internal Sources Internal accrual from operations 930,292,014 1,007,193,829 925,841,127 640,602,185 438,885,518 Internal accrual from non- operations 47,656,229 24,413,259 221,356,980 45,356,415 51,448,774 Total internal sources of financing 977,948,243 1,031,607,088 1,147,198,107 685,958,600 490,334,292 External Sources Proceeds from Borrowings 356,536,131 254,336,434 366,173,548 217,426,541.0 0 311,661,608 Repayment of borrowings 193,898,012 338,530,135 435,800,674 281,142,063 150,975,199 Net Proceeds from Borrowings 162,638,119 -84,193,701 -69,627,126 -63,715,522 160,686,409 Proportion of Internal sources 0.857408326 1.088866911 1.064614886 1.102396514 0.753177727 Proportion of External sources 0.142591674 -0.088866911 -0.064614886 -0.102396514 0.246822273 Comments:- In year 2010-11, the proportion of external borrowings for BLK has reduced sharply due to redemption of debentures while at the same time internal accrual from non-operations has increased significantly due to interest received from the investment. In year 2007-08, again the proportion from external financing of BLK has reduced
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This note was uploaded on 03/09/2012 for the course MBA 101 taught by Professor Xxx during the Spring '12 term at Xavier.

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Market Overview_India - Nature of fund Internal Sources...

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