You are on page 1of 4

Bhushan Steel Ltd (BHUS IN) - Balance Sheet

In Millions of INR except Per Share FY 2008 FY 2009 FY 2010 FY 2011


12 Months Ending 03/31/2008 03/31/2009 03/31/2010 03/31/2011
Assets
+ Cash & Near Cash Items 223.1 1,289.2 1,312.5 386.0
+ Short-Term Investments 356.3 247.5 1,751.5 253.1
+ Accounts & Notes Receivable 6,173.8 6,276.4 7,512.3 4,900.4
+ Inventories 11,296.3 12,303.6 19,754.6 31,861.8
+ Other Current Assets 6,438.6 7,744.5 9,551.3 6,533.5
Total Current Assets 24,488.1 27,861.2 39,882.3 43,934.8
+ LT Investments & LT Receivables 277.6 394.9 198.3 1,273.9
+ Net Fixed Assets 63,207.4 92,837.7 132,713.9 180,074.7
+ Gross Fixed Assets 74,806.4 106,693.6 148,654.2 198,240.4
- Accumulated Depreciation 11,599.0 13,856.0 15,940.4 18,165.7
+ Other Long-Term Assets 64.8 456.1 1,155.7 27,974.6
Total Long-Term Assets 63,549.8 93,688.7 134,067.9 209,323.2
Total Assets 88,037.8 121,549.9 173,950.1 253,258.0

Liabilities & Shareholders' Equity


+ Accounts Payable 12,314.0 8,635.2 9,800.9 10,259.7
+ Short-Term Borrowings 6,216.7 1,503.4 3,157.3 55,917.3
+ Other Short-Term Liabilities 321.6 5,407.8 6,601.6 4,908.5
Total Current Liabilities 18,852.2 15,546.4 19,559.8 71,085.5
+ Long-Term Borrowings 50,964.7 79,159.1 110,883.8 109,693.4
+ Other Long-Term Liabilities 1,967.4 2,463.2 3,331.4 13,188.3
Total Long-Term Liabilities 52,932.1 81,622.3 114,215.2 122,881.7
Total Liabilities 71,784.3 97,168.7 133,775.0 193,967.2
+ Total Preferred Equity 0.0 4,004.4 366.8 686.9
+ Minority Interest 0.0 0.0 249.7 206.3
+ Share Capital & APIC 2,968.1 2,968.1 13,606.2 22,037.0
+ Retained Earnings & Other Equity 13,285.4 17,408.7 25,952.4 36,360.7
Total Equity 16,253.5 24,381.2 40,175.1 59,290.8
Total Liabilities & Equity 88,037.8 121,549.9 173,950.1 253,258.0

Reference Items
Accounting Standard IN GAAP IN GAAP IN GAAP IN GAAP
Shares Outstanding 215.5 215.5 215.5 215.5
Number of Treasury Shares 0.0 0.0 0.0 0.0
Amount of Treasury Shares 0.0 0.0 0.0 0.0
Pension Obligations — 0.0 0.0 0.0
Operating Leases — 0.0 0.0 0.0
Capital Leases - Short Term — 0.0 0.0 0.0
Capital Leases - Long Term — 0.0 0.0 0.0
Capital Leases - Total — 0.0 0.0 0.0
Percent Of Foreign Ownership 2.55 2.82 2.08 2.55
Number Of Shareholders — — — —
Options Granted During Period — — — —
Options Outstanding at Period End — — — —
Net Debt 56,602.1 79,125.7 110,977.1 164,971.6
Net Debt to Equity 348.24 324.54 276.23 278.24
Tangible Common Equity Ratio 18.40 16.73 22.71 23.06
Current Ratio 1.30 1.79 2.04 0.62
Cash Conversion Cycle — 64.32 123.33 30,233.65
Inventory - Raw Materials 5,415.3 7,163.2 10,750.9 17,442.4
Inventory - Work in Progress 1,403.6 1,632.5 3,133.6 3,849.0
Inventory - Finished Goods 3,652.0 2,408.5 4,105.5 8,107.4
Other Inventory/Allowances 825.5 1,099.4 1,764.6 2,463.0
Pure Retained Earnings 1,840.9 766.7 729.5 69.5
Goodwill — 0.0 36.7 0.0
Investments in Associated Companies — 350.0 1,092.5 —
Number of Employees 3,016.00 3,481.00 4,741.00 5,326.00
Source: Bloomberg
FY 2012 FY 2013 FY 2014 FY 2015 FY 2016 FY 2017
03/31/2012 03/31/2013 03/31/2014 03/31/2015 03/31/2016 03/31/2017

3,458.4 1,141.8 551.5 536.3 323.3 1,257.8


515.2 743.8 297.9 345.1 0.3 0.0
12,203.8 23,431.1 24,644.5 23,982.9 11,819.7 15,255.5
33,114.3 55,596.8 64,802.5 73,212.3 20,992.4 31,489.2
6,242.1 15,284.0 14,277.4 18,613.2 7,935.1 9,961.5
55,533.8 96,197.5 104,573.9 116,689.8 41,070.8 57,964.0
2,401.7 2,397.7 5.9 6.4 2,414.1 1,208.2
249,500.0 309,957.9 384,653.7 393,507.1 541,644.1 529,347.0
273,774.8 342,474.6 426,614.8 444,038.9 558,838.3 563,395.5
24,274.8 32,516.7 41,961.1 50,531.9 17,194.2 34,048.5
29,806.3 26,845.7 21,867.5 19,314.9 13,841.8 13,644.6
281,708.0 339,201.3 406,527.1 412,828.4 557,900.1 544,199.8
337,241.8 435,398.8 511,101.0 529,518.2 598,970.9 602,163.8

9,968.1 16,318.2 23,522.5 27,393.9 40.5 32.3


58,221.9 68,591.8 96,580.4 81,509.3 149,365.2 156,836.8
7,865.9 5,547.3 7,966.8 12,007.7 63,208.9 118,403.7
76,055.9 90,457.3 128,069.8 120,911.0 212,614.6 275,272.8
155,287.8 216,642.1 255,661.0 309,277.2 322,988.4 305,795.5
25,449.2 35,276.2 35,421.2 20,138.9 41,991.2 35,936.0
180,737.0 251,918.4 291,082.2 329,416.1 364,979.7 341,731.5
256,792.9 342,375.7 419,152.1 450,327.1 577,594.2 617,004.3
4,689.5 1,030.1 1,037.2 1,302.1 0.0 0.0
891.6 759.8 333.1 329.7 75.9 -11.2
27,369.9 34,288.3 33,531.6 33,426.2 7,710.6 7,710.6
47,498.0 56,945.0 57,047.0 44,133.0 13,590.1 -22,540.0
80,448.9 93,023.2 91,948.9 79,191.1 21,376.7 -14,840.6
337,241.8 435,398.8 511,101.0 529,518.2 598,970.9 602,163.7

IN GAAP IN GAAP IN GAAP IN GAAP IN GAAP IN GAAP


215.5 212.4 226.5 226.5 230.6 230.6
0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0
0.0 0.0 0.0 0.0 0.0 0.0
— 1.76 1.80 1.57 0.21 0.19
— 17,188.00 13,529.00 41,503.00 48,362.00 44,089.00
0.0 0.0 0.0 0.0 — —
0.0 0.0 0.0 0.0 — —
209,536.1 283,348.3 351,392.0 389,905.1 472,030.1 461,374.5
260.46 304.60 382.16 492.36 2,208.16 —
22.20 20.95 17.72 14.65 3.56 -2.46
0.73 1.06 0.82 0.97 0.19 0.21
30,972.53 12,910.16 25,888.23 383.66 32,233.20 16,051.05
18,676.9 38,314.1 44,433.2 54,216.8 5,587.8 10,050.9
5,891.8 5,956.9 6,761.2 3,356.5 6,385.5 10,348.4
6,546.9 7,217.8 6,666.8 7,816.0 5,252.7 6,143.0
1,998.7 4,107.9 6,941.2 7,823.0 3,766.4 4,946.8
34.6 143.5 9.0 -12,558.7 — —
0.0 0.0 0.0 0.0 0.0 0.0
1,079.1 1,181.5 3,823.8 3,723.7 0.0 0.0
— — — — 5,345.00 5,796.00

You might also like