Afm Project Lalit

8/8/2019 Afm Project Lalit

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Visit a company & interpret

the ratio used by the

company to analyses the

balance sheet with conclusion



Although survey report is considered the

result of an individual effort & the creditgoes to the person conducting the analysis.

We are always be great full to our faculty

guide Mr.AMIT SINGH for the invaluable

cooperation, constant encouragement &

support. The timely completion of this

project is mainly due to the interest & persuasion of the group members.

Dhirubhai Ambani charted out the mission for Reliance Infocomm in late 1999. Reliance

Communications (formerly Reliance Infocomm), is

one of the most prominent companies of India, and it

is also one of the constituents of Nifty. It is one of



India's largest providers of integrated

communications services. With more than 48 million

customers, the company serves consumers and

enterprises with a digital network supporting voice,data, and video. Its fixed and wireless

communications services include domestic and

international voice, Internet access, messaging, and

videoconferencing. It also provides wholesale

capacity, infrastructure, and managed enterprise

services through its Reliance Global COM division.

Reliance Communications along with Reliance

Telecom and Flag Telecom is part of Reliance

Communications Ventures (RCoVL). According to

National Stock Exchange data, Anil Ambani controls

66.75 per cent of the company, which accounts for

more than 136 crore shares of the company.

Source of Data

• Primary Data:

Balance sheet of the company.



9thQuarterly report of Reliance Communications.

• Secondary Data:

Secondary data was collected through various

publications of newspapers, magazine & websites of

Reliance Infocomm.



Balance Sheet

As on 31-Mar-08 31-Mar-07 31-Dec-05

Assets Rs. mn %BT Rs mn %BT Rs mn %BT

Gross Block 192021.10 35.32 182859.10 41.87 1980.88 1.29

Net Block 148834.50 27.38 159414.80 36.51 1662.36 1.08

Capital WIP 71175.60 13.09 21856.00 5.00 0.00 0.00

Investments 138441.30 25.47 54344.20 12.44 120741.01 78.41

Inventory 2012.20 0.37 985.10 0.23 0.00 0.00

Receivables 10932.10 2.01 8021.10 1.84 0.00 0.00

Other Current Assets 172208.70 31.68 192064.30 43.98 31589.57 20.51

Balance Sheet Total(BT) 543604.40 100.00 436685.50 100.00 153992.95 100.00

Liabilities Rs mn %BT Rs mn %BT Rs mn %BT

Equity Share Capital 10320.10 1.90 10223.10 2.34 6116.15 3.97

Reserves 218038.40 40.11 173462.60 39.72 147834.27 96.00

Total Debt 202864.30 37.32 145678.40 33.36 0.00 0.00

Creditors and Acceptances 47462.50 8.73 25244.30 5.78 10.51 0.01

Other current liabilities/provision. 64919.10 11.94 82077.10 18.80 32.02 0.02

Balance Sheet Total(BT) 543604.40 100.00 436685.50 100.00 153992.95 100.00

Current Ratio (2008) & (2007) .

=current assets/current liabilities

= 18513/533284.3

= 0.34



= 2010705/426462.4

= .47

• The Companies Act prescribes a few provisions to prepare and

present the financial statements of the joint stock companies. It also

lays down provisions regarding the books to be maintained by the

company, requirements regarding annual accounts and the form and

content of balance sheet and profit and loss account.

• The appropriations made from the profits in respect of dividends and

transfer to reserves etc., are shown in the profit and loss appropriation

account.

• Section 209 of the Companies Act specifies the books of accounts to

be maintained by a company.

• Part II of Schedule VI of the Companies Act 1956 (Appendix II) does

not prescribe any format for the profit and loss account but only

outlines the information to be included.

• Part I of Schedule VI of the Companies Act specifies both the form

and content of the balance sheet of a company

Afm Project Lalit

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