RAYMOND Balance Sheet

	Mar 19	Mar 18	Mar 17	Mar 16	Mar 15	Mar 14
EQUITY AND LIABILITIES
Share Capital	61.38	61.38	61.38	61.38	61.38	61.38
Total Reserves	1,307.43	1,255.68	1,162.66	1,158.20	1,106.38	1,039.40
Securities Premium	133.20	133.20	133.20	133.20	130.65	142.05
Capital Reserves	21.32	21.32	21.32	21.32	21.32	21.32
Profit & Loss Account Balance	113.08	107.58	50.06	82.84	54.58	19.95
General Reserves	951.12	907.37	882.37	848.62	816.12	797.37
Other Reserves	88.71	86.21	75.71	72.21	83.71	58.71
Shareholder's Funds	1,368.81	1,317.06	1,224.04	1,219.58	1,167.76	1,100.78
Secured Loans	7.03	31.80	153.89	278.45	392.12	462.18
Term Loans - Banks	7.03	31.80	153.89	278.45	392.12	462.18
Unsecured Loans	182.43	378.88	320.08	513.29	350.00	460.00
Loans - Banks	32.40	29.01	45.62	115.98	40.00	95.00
Other Unsecured Loan	150.03	349.87	274.46	397.31	310.00	365.00
Deferred Tax Assets / Liabilities	-15.86	-11.45	-24.39	-96.48	1.50	0.00
Deferred Tax Assets	51.54	52.51	66.29	146.48	50.77	0.00
Deferred Tax Liability	35.68	41.06	41.90	50.00	52.27	0.00
Other Long Term Liabilities	14.44	18.43	17.96	19.40	141.32	111.24
Long Term Trade Payables	0.00	42.63	0.00	0.00	0.00	0.00
Long Term Provisions	0.00	0.00	0.00	0.00	265.60	248.05
Total Non-Current Liabilities	188.05	460.29	467.53	714.65	1,150.54	1,281.47
Current Liabilities
Trade Payables	615.01	541.07	400.07	322.07	328.58	235.71
Sundry Creditors	615.01	541.07	400.07	322.07	328.58	235.71
Other Current Liabilities	742.24	878.60	638.82	565.32	403.56	310.92
Bank Overdraft / Short term credit	1.05	0.50	1.31	1.74	1.04	1.29
Advances received from customers	36.84	36.03	36.54	43.83	35.97	6.64
Interest Accrued But Not Due	16.23	25.09	13.25	24.01	19.59	22.35
Other Liabilities	688.12	816.99	587.72	495.74	346.97	280.63
Short Term Borrowings	1,284.18	747.82	812.23	538.55	348.53	316.56
Secured ST Loans repayable on Demands	325.82	84.33	285.79	247.94	143.53	199.47
Working Capital Loans- Sec	325.82	84.33	270.68	0.00	143.53	186.16
Buyers Credits - Unsec	0.00	0.00	0.00	0.00	0.00	12.09
Other Unsecured Loans	632.54	579.17	255.77	290.61	61.47	-81.16
Short Term Provisions	43.06	37.59	39.11	30.40	49.92	43.78
Proposed Equity Dividend	0.00	0.00	0.00	0.00	18.41	12.28
Provision for Corporate Dividend Tax	0.00	0.00	0.00	0.00	0.00	2.09
Provision for post retirement benefits	0.35	0.51	0.39	0.31	25.66	23.57
Other Provisions	42.70	37.08	38.72	30.09	5.85	5.85
Total Current Liabilities	2,684.49	2,205.08	1,890.23	1,456.34	1,130.59	906.98
Total Liabilities	4,241.35	3,982.42	3,581.81	3,390.57	3,448.89	3,289.23
ASSETS
Gross Block	1,443.39	1,380.95	749.36	691.45	1,835.41	1,806.17
Less: Accumulated Depreciation	377.66	273.86	180.48	90.96	1,223.99	1,132.39
Net Block	1,065.73	1,107.08	568.87	600.50	611.42	673.78
Capital Work in Progress	47.27	10.10	285.38	196.76	167.40	157.72
Non Current Investments	458.16	474.05	474.60	416.29	400.96	386.08
Long Term Investment	458.16	474.05	474.60	416.29	400.96	386.08
Quoted	69.85	69.85	69.85	37.53	0.00	4.50
Unquoted	528.81	524.69	521.25	495.26	522.74	502.99
Less: Prov for Diminution in Value of Invest.	140.50	120.50	116.50	116.50	121.78	121.40
Long Term Loans & Advances	227.27	296.89	345.92	261.54	566.00	530.58
Other Non Current Assets	14.82	18.76	8.14	10.91	42.89	3.56
Total Non-Current Assets	1,813.26	1,906.87	1,682.91	1,486.01	1,788.67	1,751.72
Current Assets  Loans & Advances
Currents Investments	251.82	335.09	367.00	344.56	307.72	384.10
Quoted	16.32	13.39	13.73	8.77	19.75	56.50
Unquoted	235.50	321.70	353.27	335.80	288.71	328.49
Inventories	1,059.09	936.87	698.27	656.89	576.66	551.86
Raw Materials	58.60	52.78	54.71	43.20	41.41	36.97
Work-in Progress	176.19	157.87	150.52	143.17	147.86	166.58
Finished Goods	317.89	277.98	206.31	206.59	182.03	197.38
Stores Â and Spare	32.74	29.04	27.39	24.46	20.01	22.19
Other Inventory	473.66	419.21	259.34	239.48	185.35	128.73
Sundry Debtors	675.93	618.95	713.96	726.21	569.81	480.45
Debtors more than Six months	0.00	0.00	0.00	0.00	25.02	20.49
Debtors Others	677.16	620.18	715.20	727.44	546.32	461.00
Cash and Bank	101.85	66.94	38.75	65.40	95.46	51.58
Cash in hand	0.65	1.58	0.40	0.41	0.81	0.97
Balances at Bank	101.19	61.31	35.35	64.05	87.11	45.49
Other cash and bank balances	0.00	4.05	3.01	0.93	7.53	5.11
Other Current Assets	46.17	32.09	32.45	63.23	54.76	25.59
Interest accrued and or due on loans	18.48	13.71	12.29	27.41	13.32	8.53
Prepaid Expenses	3.31	4.65	6.71	8.91	6.94	3.09
Other current_assets	24.38	13.73	13.45	26.91	34.50	13.97
Short Term Loans and Advances	293.24	85.62	48.45	48.27	55.82	43.94
Advances recoverable in cash or in kind	117.46	38.78	27.35	24.58	8.28	12.16
Other Loans & Advances	175.78	46.84	21.10	23.69	47.55	31.78
Total Current Assets	2,428.10	2,075.55	1,898.89	1,904.56	1,660.22	1,537.51
Total Assets	4,241.35	3,982.42	3,581.81	3,390.57	3,448.89	3,289.23
Contingent Liabilities	252.91	256.69	136.45	137.33	204.05	190.74
Total Debt	1,735.11	1,637.11	1,605.14	1,587.36	1,345.71	1,414.51
Book Value	2.23	2.15	1.99	1.99	1.90	1.79
Adjusted Book Value	2.23	2.15	1.99	1.99	1.90	1.79