COMPARITIVE PROFIT AND LOSS ACCOUNT OF ASIAN PAIN

PARTICULARS Mar-15 Mar-16

(IN RS. CRORES) (IN RS. CRORES)

INCOME
Revenue From Operations [Gross] 12,878.80 13,992.15

Less: Excise/Sevice Tax/Other Levies 1,393.13 1,533.50

Revenue From Operations [Net] 11,485.67 12,458.65

Other Operating Revenues 163.16 187.23

Total Operating Revenues 11,648.83 12,645.88

Other Income 186.82 225.3

Total Revenue 11,835.65 12,871.18

EXPENSES
Cost Of Materials Consumed 6,191.72 5,842.29

Purchase Of Stock-In Trade 380.56 524.42

Changes In Inventories Of FG,WIP And Stock-In

-132.43 162.86
Trade

Employee Benefit Expenses 606.94 664.2

Finance Costs 27.13 23.4

Depreciation And Amortisation Expenses 223.11 238.36

Other Expenses 2,591.52 2,972.55

Total Expenses 9,888.55 10,428.08

Profit/Loss Before Exceptional, ExtraOrdinary
1,947.10 2,443.10
Items And Tax

Exceptional Items -13.53 -65.35

Profit/Loss Before Tax 1,933.57 2,377.75

Current Tax 616.42 743.74

Deferred Tax -9.29 39.91

Tax For Earlier Years -0.96 -3.33

Total Tax Expenses 606.17 780.32

Profit/Loss After Tax And Before

1,327.40 1,597.43
ExtraOrdinary Items

Profit/Loss From Continuing Operations 1,327.40 1,597.43

Profit/Loss For The Period 1,327.40 1,597.43

INTERPRETATION : Net revenue for operation saw an increase by 8.47%.

Total operating revenues increased by 8.55% due to 14.75% change in
other operating revenues. Other income increased by 20.59% and total
revenue increased by 8.74%. Purchase of stock in trade increased by
37.8%, changes in inventory decreased by 222.97%. Finance costs
decreased by 13.74%, total expenses increased by 5.45%. Profit and loss
before tax increased by 22.97%, total tax expenses by 28.72%, resulting in
profit/loss for period to increase by 20.34% from 2015 to 2016.
CCOUNT OF ASIAN PAINTS
ABSOLUTE CHANGE PERCENTAGE CHANGE
( IN %) PARTICULARS
PERCENTAGE CHANGE
( IN %)

1,113.35 8.64
Revenue
From
Operation
140.37 10.07 s [Gross] 8.64
Less:
Excise/Sev
ice
Tax/Other
972.98 8.47 Levies 10.07
Revenue
From
Operation
24.07 14.75 s [Net] 8.47
Other
Operating
997.05 8.55 Revenues 14.75
Total
Operating
38.48 20.59 Revenues 8.55
Other
1,035.53 8.74 Income 20.59
Total
Revenue 8.74
-349.43 -5.64
Cost Of
Materials
Consumed
143.86 37.8 -5.64
Purchase
Of Stock-In
295.29 -222.97 Trade 37.8

Changes In
Inventories
Of FG,WIP
And Stock-
In Trade
57.26 9.43 -222.97
Employee
Benefit
-3.73 -13.74 Expenses 9.43
Finance
15.25 6.83 Costs -13.74
Depreciatio
n And
Amortisatio
n
381.03 14.7 Expenses 6.83
Other
539.53 5.45 Expenses 14.7
 Total
496.00 25.47 Expenses 5.45

Profit/Los
s Before
Exception
al,
ExtraOrdi
nary Items
And Tax
-51.82 383 25.47
Exceptiona
444.18 22.97 l Items 383
Tax
Expenses-
Continued
Operation
127.32 20.65 s #VALUE!
Current
49.20 -529.6 Tax 20.65
Deferred
-2.37 246.87 Tax -529.6
Tax For
Earlier
174.15 28.72 Years 246.87
Total Tax
270.03 20.34 Expenses 28.72

Profit/Los
s After
Tax And
Before
ExtraOrdi
nary Items
270.03 20.34 20.34
270.03 20.34 #DIV/0!
Profit/Los
s For The
Period 20.34
 PERCENTAGE CHANGE
600
400
200
0
-200
-400
-600

Mar-15 (IN RS. CRORES) Mar-16 (IN RS. CRORES)

14,000.00
10,000.00
6,000.00
2,000.00
-2,000.00
 COMPARITIVE PROFIT AND LOSS ACCOUNT OF ASIAN PAI
PARTICULARS Mar-16 Mar-17
(IN RS. CRORES) (IN RS. CRORES)

INCOME

Revenue From Operations [Gross] 13,992.15 14,162.13

Less: Excise/Sevice Tax/Other Levies 1,533.50 1,713.32

Revenue From Operations [Net] 12,458.65 12,448.81

Other Operating Revenues 187.23 198.3

Total Operating Revenues 12,645.88 12,647.11

Other Income 225.3 300.17

Total Revenue 12,871.18 12,947.28

EXPENSES

Cost Of Materials Consumed 5,842.29 6,737.45

Purchase Of Stock-In Trade 524.42 646.53

Changes In Inventories Of FG,WIP And Stock-In Trade 162.86 -515.58

Employee Benefit Expenses 664.2 742.83

Finance Costs 23.4 18.86

Depreciation And Amortisation Expenses 238.36 295.43

Other Expenses 2,972.55 2,365.04

Total Expenses 10,428.08 10,290.56

Profit/Loss Before Exceptional, ExtraOrdinary

2,443.10 2,656.72
Items And Tax

Exceptional Items -65.35 0

Profit/Loss Before Tax 2,377.75 2,656.72

Tax Expenses-Continued Operations

Current Tax 743.74 817.27

Deferred Tax 39.91 41.33

Tax For Earlier Years -3.33 -3.6

Total Tax Expenses 780.32 855

Profit/Loss After Tax And Before ExtraOrdinary

1,597.43 1,801.72
Items

Profit/Loss From Continuing Operations 1,597.43 1,801.72

Profit/Loss For The Period 1,597.43 1,801.72

INTERPRETATION : Excise and other taxes increased by 11.72%, leading to a

reduce in net revenue from operations by 0.07%. Other income increased by
33.23%. Purchases increased by 23,28%. Inventories reduced by 416.58%.
Depreciation expenses increased by 23.94%. Other expenses reduced by 20.43%.
The profits for the period increased by 12.78%.
 PARTICULARS
PERCENTAGE CHANGE
OUNT OF ASIAN PAINTS ( IN %) 100

ABSOLUTE CHANGE PERCENTAGE CHANGE

0
( IN %) INCOME
Revenue -100
From
Operation -200
s [Gross] 1.21
Less: -300
Excise/Sev
ice -400
Tax/Other
Levies 11.72 -500
Revenue
From
Operation
169.98 1.21 s [Net] -0.07
Other 14,000.00
Operating
179.82 11.72 Revenues 5.91 10,000.00
6,000.00
Total
Operating 2,000.00
-9.84 -0.07 Revenues 0.009 -2,000.00
Other
11.07 5.91 Income 33.23
Total
1.23 0.009 Revenue 0.59
74.87 33.23 EXPENSES

Cost Of
Materials
Consumed
76.10 0.59 15.32
Purchase
Of Stock-In Mar-16
Trade 23.28

Changes In
Inventories
Of FG,WIP
And Stock-
In Trade
895.16 15.32 -416.57
Employee
Benefit
122.11 23.28 Expenses 11.83
Finance
-678.44 -416.57 Costs -19.4
Depreciatio
n And
Amortisatio
n
78.63 11.83 Expenses 23.94
Other
-4.54 -19.4 Expenses -20.43
Total
57.07 23.94 Expenses -1.31
 Profit/Los
s Before
Exception
al,
ExtraOrdi
nary Items
And Tax
-607.51 -20.43 8.74
Exceptiona
-137.52 -1.31 l Items #VALUE!
Profit/Los
s Before
213.62 8.74 Tax 11.73
Tax
Expenses-
Continued
Operation
65.35 -100 s
Current
278.97 11.73 Tax 9.88
Deferred
Tax 3.55
Tax For
Earlier
73.53 9.88 Years 8.108
Total Tax
1.42 3.55 Expenses 9.57

Profit/Los
s After
Tax And
Before
ExtraOrdi
nary Items
-0.27 8.108 12.78
Profit/Los
s From
Continuin
g
Operation
74.68 9.57 s 12.78

204.29 12.78 #DIV/0!

Profit/Los
s For The
204.29 12.78 Period 12.78
204.29 12.78
 PERCENTAGE CHANGE
100

-100

-200

-300

-400

-500

14,000.00
10,000.00
6,000.00
2,000.00
-2,000.00

Mar-16 (IN RS. CRORES) Mar-17 (IN RS. CRORES)

 COMPARITIVE PROFIT AND LOSS ACCOUNT OF ASIAN PAINTS
PARTICULARS Mar-17 Mar-18 ABSOLUTE CHANGE
(IN RS. CRORES) (IN RS. CRORES)

INCOME

Revenue From Operations [Gross] 14,162.13 14,329.17

167.04

Less: Excise/Sevice Tax/Other Levies 1,713.32 391.69

-1,321.63

Revenue From Operations [Net] 12,448.81 13,937.48

1,488.67
Other Operating Revenues 198.3 230.38
32.08
Total Operating Revenues 12,647.11 14,167.86
1,520.75
Other Income 300.17 277.5 -22.67

Total Revenue 12,947.28 14,445.36

1,498.08

EXPENSES

Cost Of Materials Consumed 6,737.45 7,100.16

362.71

Purchase Of Stock-In Trade 646.53 742.57

96.04
Changes In Inventories Of FG,WIP And Stock-In
-515.58 154.12
Trade 669.70

Employee Benefit Expenses 742.83 791.08

48.25
Finance Costs 18.86 21.06
2.20
Depreciation And Amortisation Expenses 295.43 311.11
15.68

Other Expenses 2,365.04 2,459.43

94.39
Total Expenses 10,290.56 11,579.53
1,288.97
Profit/Loss Before Exceptional, ExtraOrdinary
2,656.72 2,865.83
Items And Tax
209.11
Profit/Loss Before Tax 2,656.72 2,865.83
209.11
Tax Expenses-Continued Operations

Current Tax 817.27 968.87

151.60
Deferred Tax 41.33 2.57
-38.76

Tax For Earlier Years -3.6 -0.41

3.19

Total Tax Expenses 855 971.03

116.03
Profit/Loss After Tax And Before
1,801.72 1,894.80
ExtraOrdinary Items 93.08

Profit/Loss From Continuing Operations 1,801.72 1,894.80

93.08
Profit/Loss For The Period 1,801.72 1,894.80 93.08

INTERPRETATION : Taxes reduced by 77.13%, Other operating revenues

increased by 16.17%, leading to an increase in total revenue by 11.57%.
Inventories reduced by 129.89%. Total expenses increased by 12.52%.
Deferred tax reduced by 93.78%. Tax for earlier years also reduced by
88.61%. Profit for the period saw an increase by 5.16%.
 PARTICULARS
PERCENTAGE CHANGE
ASIAN PAINTS ( IN %) PERCENTAGE CHANGE
40
PERCENTAGE CHANGE
20
( IN %) INCOME
0
Revenue
-20
From
Operation -40
s [Gross] 1.17 -60
Less: -80
Excise/Sev -100
ice
-120
Tax/Other
Levies -77.13 -140

Revenue
From
Operation
1.17 s [Net] 11.95
Other
Operating
-77.13 Revenues 16.17
Total 14,000.00
Operating
10,000.00
11.95 Revenues 12.02
6,000.00
Other
16.17 Income -7.55 2,000.00

Total -2,000.00
12.02 Revenue 11.57
-7.55 EXPENSES

Cost Of
Materials
Consumed
11.57 5.38
Purchase
Of Stock-In
Trade 14.85

Mar-17 (IN RS. CRORES) Mar-18 (IN RS. CRORE

Changes In
Inventories
Of FG,WIP
And Stock-
In Trade
5.38 -129.89
Employee
Benefit
14.85 Expenses 6.49
Finance
-129.89 Costs 11.66
Depreciatio
n And
Amortisatio
n
6.49 Expenses 5.307
 Other
11.66 Expenses 3.99
Total
5.307 Expenses 12.52

Profit/Los
s Before
Exception
al,
ExtraOrdi
nary Items
And Tax
3.99 7.87
Exceptiona
12.52 l Items #VALUE!
Profit/Los
s Before
7.87 Tax 7.87
Current
7.87 Tax 18.54
Deferred
Tax -93.78
Tax For
Earlier
18.54 Years -88.61
Total Tax
-93.78 Expenses 13.57

Profit/Los
s After
Tax And
Before
ExtraOrdi
nary Items
-88.61 5.16
Profit/Los
s From
Continuin
g
Operation
13.57 s 5.16

5.16 0
Profit/Los
s For The
5.16 Period 5.16
5.16
ENTAGE CHANGE

CRORES) Mar-18 (IN RS. CRORES)

 COMPARITIVE PROFIT AND LOSS ACCOUNT OF ASIAN PAINTS
PARTICULARS Mar-18 Mar-19 ABSOLUTE CHANGE
(IN RS. CRORES) (IN RS. CRORES)

INCOME

Revenue From Operations [Gross] 14,329.17 16,209.44

1,880.27

Less: Excise/Sevice Tax/Other Levies 391.69 0

-391.69

Revenue From Operations [Net] 13,937.48 16,209.44

2,271.96
Other Operating Revenues 230.38 182.34
-48.04
Total Operating Revenues 14,167.86 16,391.78
2,223.92
Other Income 277.5 278.81 1.31

Total Revenue 14,445.36 16,670.59

2,225.23

EXPENSES

Cost Of Materials Consumed 7,100.16 8,647.82

1,547.66

Purchase Of Stock-In Trade 742.57 1,010.66

268.09
Changes In Inventories Of FG,WIP And
154.12 -247.86
Stock-In Trade -401.98

Employee Benefit Expenses 791.08 902.79

111.71
Finance Costs 21.06 30.01
8.95
Depreciation And Amortisation Expenses 311.11 382.18
71.07

Other Expenses 2,459.43 2,770.42

310.99
Total Expenses 11,579.53 13,496.02 1,916.49
Profit/Loss Before Exceptional,
2,865.83 3,174.57
ExtraOrdinary Items And Tax
308.74
Profit/Loss Before Tax 2,865.83 3,174.57
308.74
Tax Expenses-Continued Operations
0.00

Current Tax 968.87 881.64

-87.23
Deferred Tax 2.57 160.34
157.77

Tax For Earlier Years -0.41 -2.17

-1.76

Total Tax Expenses 971.03 1,039.81

68.78
Profit/Loss After Tax And Before
1,894.80 2,134.76
ExtraOrdinary Items 239.96

Profit/Loss From Continuing Operations 1,894.80 2,134.76

239.96
Profit/Loss For The Period 1,894.80 2,134.76 239.96

INTERPRETATION : Excise saw a reduction of 100%. Total revenue

increased by 15.404%. Purchases increased by 36.102%. Inventories
reduced by 260.82%. Finance costs increased by 42.49%. Deferred tax
increased by 6138.91%. Total Profits for the period saw an increase by
12.66%
 PARTICULARS
PERCENTAGE CHANGE
ASIAN PAINTS ( IN %)
PERCEN
7000
PERCENTAGE CHANGE 5000
( IN %) INCOME 3000

Revenue 1000
From -1000
Operation
s [Gross] 13.12
Less:
Excise/Sev
ice
Tax/Other
Levies -100
Revenue
From
Operation
13.12 s [Net] 16.301
Other
Operating 18,000.00
-100 Revenues -20.85 16,000.00
14,000.00
Total
12,000.00
Operating
10,000.00
16.301 Revenues 15.69 8,000.00
Other 6,000.00
-20.85 Income 0.47 4,000.00
2,000.00
Total
0.00
15.69 Revenue 15.404 -2,000.00
0.47 EXPENSES

Cost Of
Materials
Consumed
15.404 21.79
Purchase
Of Stock-In
Trade 36.102
Mar-18 (IN RS.

Changes In
Inventories
Of FG,WIP
And Stock-
In Trade
21.79 -260.82
Employee
Benefit
36.102 Expenses 14.12
Finance
-260.82 Costs 42.49
Depreciatio
n And
Amortisatio
n
14.12 Expenses 22.84
 Other
42.49 Expenses 12.64
Total
22.84 Expenses 16.55

Profit/Los
s Before
Exception
al,
ExtraOrdi
nary Items
And Tax
12.64 10.77
16.55
Profit/Los
s Before
10.77 Tax 10.77
Current
10.77 Tax -9.003
Deferred
Tax 6138.91
Tax For
Earlier
-9.003 Years 429.26
Total Tax
6138.91 Expenses 7.08

Profit/Los
s After
Tax And
Before
ExtraOrdi
nary Items
429.26 12.66
Profit/Los
s From
Continuin
g
Operation
7.08 s 12.66

12.66
Profit/Los
s For The
12.66 Period 12.66
12.66
 PERCENTAGE CHANGE
7000
5000
3000
1000
-1000

18,000.00
16,000.00
14,000.00
12,000.00
10,000.00
8,000.00
6,000.00
4,000.00
2,000.00
0.00
-2,000.00

Mar-18 (IN RS. CRORES) Mar-19 (IN RS. CRORES)

 COMPARITIVE PROFIT AND LOSS ACCOUNT OF ASIAN PAINTS
PARTICULARS Mar-15 Mar-19 ABSOLUTE CHANGE
(IN RS. CRORES) (IN RS. CRORES)

INCOME

Revenue From Operations [Gross] 12,878.80 16,209.44

3,330.64

Less: Excise/Sevice Tax/Other Levies 1,393.13 0

-1,393.13

Revenue From Operations [Net] 11,485.67 16,209.44

4,723.77
Other Operating Revenues 163.16 182.34
19.18
Total Operating Revenues 11,648.83 16,391.78
4,742.95
Other Income 186.82 278.81 91.99

Total Revenue 11,835.65 16,670.59

4,834.94

EXPENSES

Cost Of Materials Consumed 6,191.72 8,647.82

2,456.10

Purchase Of Stock-In Trade 380.56 1,010.66

630.10
Changes In Inventories Of FG,WIP And Stock-
-132.43 -247.86
In Trade -115.43

Employee Benefit Expenses 606.94 902.79

295.85
Finance Costs 27.13 30.01
2.88
Depreciation And Amortisation Expenses 223.11 382.18
159.07

Other Expenses 2,591.52 2,770.42

178.90
Total Expenses 9,888.55 13,496.02
3,607.47
Profit/Loss Before Exceptional,
1,947.10 3,174.57
ExtraOrdinary Items And Tax
1,227.47

Exceptional Items -13.53

0 13.53
Profit/Loss Before Tax 1,933.57 3,174.57
1,241.00
Tax Expenses-Continued Operations

Current Tax 616.42 881.64

265.22
Deferred Tax -9.29 160.34
169.63

Tax For Earlier Years -0.96 -2.17

-1.21

Total Tax Expenses 606.17 1,039.81

433.64
Profit/Loss After Tax And Before
1,327.40 2,134.76
ExtraOrdinary Items 807.36

Profit/Loss From Continuing Operations 1,327.40 2,134.76

807.36
Profit/Loss For The Period 1,327.40 2,134.76 807.36

INTERPRETATION : From March 2015-March 2019, Excise saw a reduce by

100%. Net revenue from operations increased by 41.12%.Total revenue
increased by 40.85%. Purchases increased by 160.57%. Inventories
 PARTICULARS
PERCENTAGE CHANGE
ASIAN PAINTS ( IN %)
PERCENTAG
500
PERCENTAGE CHANGE
( IN %) INCOME
0
Revenue
From
Operation -500
s [Gross] 25.86
-1000
Less:
Excise/Sev
ice -1500
Tax/Other
Levies -100 -2000
Revenue
From
Operation
25.86 s [Net] 41.12
Other
Operating
-100 Revenues 11.75 18,000.00
14,000.00
Total
Operating 10,000.00
41.12 Revenues 40.71 6,000.00
2,000.00
Other
11.75 Income 49.23 -2,000.00
Total
40.71 Revenue 40.85
49.23 EXPENSES

Cost Of
Materials
Consumed
40.85 39.66
Purchase
Of Stock-In
Trade 165.57
Mar-15 (IN RS. CRO

Changes In
Inventories
Of FG,WIP
And Stock-
In Trade
39.66 87.16
Employee
Benefit
165.57 Expenses 48.74
Finance
87.16 Costs 10.61
Depreciatio
n And
Amortisatio
n
48.74 Expenses 71.29
 Other
10.61 Expenses 6.9
Total
71.29 Expenses 36.48

Profit/Los
s Before
Exception
al,
ExtraOrdi
nary Items
And Tax
6.9 63.04
Exceptiona
36.48 l Items -100
Profit/Los
s Before
63.04 Tax 64.18
Tax
Expenses-
Continued
Operation
-100 s
Current
64.18 Tax 43.02
Deferred
Tax -1825.94
Tax For
Earlier
43.02 Years 126.04
Total Tax
-1825.94 Expenses 71.53

Profit/Los
s After
Tax And
Before
ExtraOrdi
nary Items
126.04 60.82
Profit/Los
s From
Continuin
g
Operation
71.53 s 60.82

60.82 60.82
Profit/Los
s For The
60.82 Period 60.82
60.82
 PERCENTAGE CHANGE
500

-500

-1000

-1500

-2000

18,000.00
14,000.00
10,000.00
6,000.00
2,000.00
-2,000.00

Mar-15 (IN RS. CRORES) Mar-19 (IN RS. CRORES)

 COMPARITIVE BALANCE SHEET OF ASIAN PAINTS
PARTICULARS Mar-15 Mar-16
(IN RS. CRORES) (IN RS. CRORES)

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 95.92 95.92
Total Share Capital 95.92 95.92
Reserves and Surplus 4,134.34 4,867.24
Total Reserves and Surplus 4,134.34 4,867.24
Total Shareholders Funds 4,230.26 4,963.16
NON-CURRENT LIABILITIES
Long Term Borrowings 32.09 31.55
Deferred Tax Liabilities [Net] 167.78 207.69
Other Long Term Liabilities 0 1.68
Long Term Provisions 85.25 94.23
Total Non-Current Liabilities 285.12 335.15
CURRENT LIABILITIES
Short Term Borrowings 0 0
Trade Payables 1,313.08 1,333.20
Other Current Liabilities 832.71 1,021.25
Short Term Provisions 612.03 711.39
Total Current Liabilities 2,757.82 3,065.84
Total Capital And Liabilities 7,273.20 8,364.15
ASSETS
NON-CURRENT ASSETS
Tangible Assets 1,886.42 2,532.97
Intangible Assets 79.07 92.17
Capital Work-In-Progress 139.54 92.79
Fixed Assets 2,105.03 2,717.93
Non-Current Investments 775.72 1,006.89
Long Term Loans And Advances 209.54 111.23
Other Non-Current Assets 13.64 30.54
Total Non-Current Assets 3,103.93 3,866.59
CURRENT ASSETS
Current Investments 1,118.06 1,432.79
Inventories 1,802.18 1,610.12
Trade Receivables 728.87 759.06
Cash And Cash Equivalents 61.81 155.02
Short Term Loans And Advances 205.43 221.91
OtherCurrentAssets 252.92 318.66
Total Current Assets 4,169.27 4,497.56
Total Assets 7,273.20 8,364.15

INTERPRETATION : Total shareholders fund increased by 17.72%. Total non

current liabilities increased by 17.54%. Total current liabilities increased by
11.16%. Total liabilities increased by 14.99% Fixed assets increased by
29.11%. Total non current assets increased by 24.57%. Cash and cash
T OF ASIAN PAINTS
ABSOLUTE CHANGE PERCENTAGE CHANGE
( IN %)

Particulars
0 0 Equity Share Capital
0 0 Total Share Capital
732.9 17.72 Reserves and Surplus
732.9 17.72 Total Reserves and Surplus
732.9 17.32 Total Shareholders Funds
Long Term Borrowings
-0.540000000000003 -1.68 Deferred Tax Liabilities [Net]
39.91 23.78 Other Long Term Liabilities
1.68 Long Term Provisions
8.98 10.53 Total Non-Current Liabilities
50.03 17.54 Short Term Borrowings
Trade Payables
Other Current Liabilities
20.1200000000001 1.53 Short Term Provisions
188.54 22.64 Total Current Liabilities
99.36 16.23 Total Capital And Liabilities
308.02 11.16 Tangible Assets
1090.95 14.99 Intangible Assets
Capital Work-In-Progress
Fixed Assets
646.55 34.27 Non-Current Investments
13.1 16.56 Long Term Loans And Advances
-46.75 -33.502 Other Non-Current Assets
612.9 29.11 Total Non-Current Assets
231.17 29.8 Current Investments
-98.31 -46.91 Inventories
16.9 123.9 Trade Receivables
762.66 24.57 Cash And Cash Equivalents
Short Term Loans And Advances
314.73 28.14 OtherCurrentAssets
-192.06 -10.65 Total Current Assets
30.1899999999999 4.14 Total Assets
93.21 150.8
16.48 8.02
65.74 25.99
328.29 7.87
1090.95 14.99
percentage change (in %) Mar-15 Mar-16 18000
16000
0 95.92 95.92 14000
0 95.92 95.92 12000
10000
17.72 4,134.34 4,867.24 8000
17.72 4,134.34 4,867.24 6000
4000
17.32 4,230.26 4,963.16 2000
-1.68 32.09 31.55 0
l s s ] s s s s s s
ita rplu und Net ion ing litie litie set res e
23.78 167.78 207.69 p [ is ow bi i s og m
Ca S u rs F es o v r a a b A r st
0 1.68 a re nd de liti
a l i Pr Bor t Li t Li ible In-P nve
S h es g - r
ho iab rm m ren ren an ork nt I -Cu
10.53 85.25 94.23 uity erv are x L g Te Ter Cur Cur T W
rre on
Eq Res l S h d Ta Lon ort her tal ta
l Cu N Cu
17.54 285.12 335.15 ota rre Sh Ot To a pi on- ther
T fe C N O
0 0 0 De
1.53 1,313.08 1,333.20
22.64 832.71 1,021.25
Mar-15 Mar-16
16.23 612.03 711.39
11.16 2,757.82 3,065.84
14.99 7,273.20 8,364.15
34.27 1,886.42 2,532.97 Percentage chang
16.56 79.07 92.17
200
-33.502 139.54 92.79
29.11 2,105.03 2,717.93 150

29.8 775.72 1,006.89 100

-46.91 209.54 111.23
50
123.9 13.64 30.54
0
24.57 3,103.93 3,866.59 percentage change (in %)
28.14 1,118.06 1,432.79 -50
-10.65 1,802.18 1,610.12 -100
4.14 728.87 759.06
150.8 61.81 155.02 Equity Share Capital Total Share C
Reserves and Surplus Total Reserve
8.02 205.43 221.91
Total Shareholders Funds Long Term Bo
25.99 252.92 318.66 Deferred Tax Liabilities [Net] Other Long Te
7.87 4,169.27 4,497.56 Long Term Provisions Total Non-Cur
7,273.20 8,364.15 Short Term Borrowings Trade Payable
14.99
Other Current Liabilities Short Term Pr
Total Current Liabilities Total Capital
Tangible Assets Intangible Ass
Capital Work-In-Progress Fixed Assets
Non-Current Investments Long Term Lo
Other Non-Current Assets Total Non-Cur
Current Investments Inventories
Trade Receivables Cash And Cas
Short Term Loans And Advances OtherCurrentA
Total Current Assets Total Assets
 ds t] ns gs es es ts ss ts ts ts es es ts
[ Ne isio win iliti iliti sse gre en sse en abl anc sse
s v o b b A ro tm A tm i v v A
tie Pro orr t Lia t Lia ible In-P ves rent ves ece d Ad rent
B n n g - n ur n R r
rm m e e n rk tI tI e An u
Te Ter Curr Curr Ta Wo ren n-C ren rad ns al C
t r l l Cu r o
N Cu r T o a t
or he ota ta L To
Sh Ot T a pi on- ther rm
C N O Te
o rt
Sh

Mar-15 Mar-16

Percentage change

percentage change (in %)

are Capital Total Share Capital

and Surplus Total Reserves and Surplus
reholders Funds Long Term Borrowings
Tax Liabilities [Net] Other Long Term Liabilities
m Provisions Total Non-Current Liabilities
m Borrowings Trade Payables
rent Liabilities Short Term Provisions
rent Liabilities Total Capital And Liabilities
Assets Intangible Assets
Work-In-Progress Fixed Assets
ent Investments Long Term Loans And Advances
n-Current Assets Total Non-Current Assets
nvestments Inventories
ceivables Cash And Cash Equivalents
m Loans And Advances OtherCurrentAssets
rent Assets Total Assets
 COMPARITIVE BALANCE SHEET OF ASIAN PAINTS
PARTICULARS Mar-16 Mar-17
(IN RS. CRORES) (IN RS. CRORES)

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 95.92 95.92
Total Share Capital 95.92 95.92
Reserves and Surplus 4,867.24 6,998.83
Total Reserves and Surplus 4,867.24 6,998.83
Total Shareholders Funds 4,963.16 7,094.75
NON-CURRENT LIABILITIES
Long Term Borrowings 31.55 10.38
Deferred Tax Liabilities [Net] 207.69 261.17
Other Long Term Liabilities 1.68 5.96
Long Term Provisions 94.23 109.84
Total Non-Current Liabilities 335.15 387.35
CURRENT LIABILITIES
Short Term Borrowings 0 26.84
Trade Payables 1,333.20 1,671.26
Other Current Liabilities 1,021.25 1,141.63
Short Term Provisions 711.39 36.2
Total Current Liabilities 3,065.84 2,875.93
Total Capital And Liabilities 8,364.15 10,358.03
ASSETS
NON-CURRENT ASSETS
Tangible Assets 2,532.97 2,512.01
Intangible Assets 92.17 92.67
Capital Work-In-Progress 92.79 219.76
Fixed Assets 2,717.93 2,824.44
Non-Current Investments 1,006.89 1,598.20
Long Term Loans And Advances 111.23 70.27
Other Non-Current Assets 30.54 434.92
Total Non-Current Assets 3,866.59 4,927.83
CURRENT ASSETS
Current Investments 1,432.79 1,315.40
Inventories 1,610.12 2,194.09
Trade Receivables 759.06 994.63
Cash And Cash Equivalents 155.02 205.94
Short Term Loans And Advances 221.91 13.55
OtherCurrentAssets 318.66 706.59
Total Current Assets 4,497.56 5,429.63
Total Assets 8,364.15 10,358.03

INTERPRETATION : Total shareholders funds increased by 42.94%.Long

term borrowings decreased by 67.09%. Total non-current liabilities increased
by 15.57%. Total current liabilities decreased by 6.19%. Total liabilities
T OF ASIAN PAINTS
ABSOLUTE CHANGE PERCENTAGE CHANGE
( IN %)

0 0
0 0
2131.59 43.79
2131.59 43.79
2131.59 42.94

-21.17 -67.09
53.48 25.74
4.28 254.76
15.61 16.56
52.2 15.57

26.84
338.06 25.35
120.38 11.78
-675.19 -94.91
-189.91 -6.19
1993.88 23.83

-20.9599999999996 -0.82
0.5 0.54
126.97 136.83
106.51 3.91
591.31 58.72
-40.96 -36.82
404.38 1324.09
1061.24 27.44

-117.39 -8.19
583.97 36.26
235.57 31.03
50.92 32.84
-208.36 -93.89 Mar-16 Mar-17
387.93 121.73 20000
932.07 20.72 16000
1993.88 23.83 12000
8000
4000

0
l s s ] s s s s s s
pita rplu und Net ion ing litie litie set res
[ s i i s g
Ca S u s F s vi ow b b A ro tm
a re nd der litie Pro orr t Lia t Lia ible In-P ves
a l i B n
S h es o b m n n ng rk- nt I C
ty v eh Lia Ter erm urre urre Ta o e on-
ui ser har ax g T C C l W rr
 12000
8000
4000
0
l s s ] s s s s s s
pita rplu und Net ion ing litie litie set res
Ca S u rs F es [ v is ow bi b i A s o g m
o r a a r st
a re nd de liti
a l i Pr Bor t Li t Li ible In-P nve
S h es ho iab rm m re
n en
r ng rk- tI
ity erv are x L g Te Ter Cur Cur Ta Wo ren n-C
u r o
Eq Res l S h d Ta Lon ort her tal i
l
ta n-Cu er N
t a re S h t T o p
T o f er O Ca No Oth
De
 Particulars Mar-16 Mar-17
Equity Share Capital 95.92 95.92
Total Share Capital 95.92 95.92
Reserves and Surplus 4,867.24 6,998.83
Total Reserves and Surplus 4,867.24 6,998.83
Total Shareholders Funds 4,963.16 7,094.75
Long Term Borrowings 31.55 10.38
Deferred Tax Liabilities [Net] 207.69 261.17
Other Long Term Liabilities 1.68 5.96
Long Term Provisions 94.23 109.84
Total Non-Current Liabilities 335.15 387.35
Short Term Borrowings 0 26.84
Trade Payables 1,333.20 1,671.26
Other Current Liabilities 1,021.25 1,141.63
Short Term Provisions 711.39 36.2
Total Current Liabilities 3,065.84 2,875.93
Total Capital And Liabilities 8,364.15 10,358.03
Tangible Assets 2,532.97 2,512.01
Intangible Assets 92.17 92.67
Capital Work-In-Progress 92.79 219.76
Fixed Assets 2,717.93 2,824.44
Non-Current Investments 1,006.89 1,598.20
Long Term Loans And Advances 111.23 70.27
Other Non-Current Assets 30.54 434.92
Total Non-Current Assets 3,866.59 4,927.83
Current Investments 1,432.79 1,315.40
Inventories 1,610.12 2,194.09
Trade Receivables 759.06 994.63
Cash And Cash Equivalents 155.02 205.94
Short Term Loans And Advances 221.91 13.55
OtherCurrentAssets 318.66 706.59
Total Current Assets 4,497.56 5,429.63
Total Assets 8,364.15 10,358.03

Mar-16 Mar-17
20000
16000
12000
8000
4000

0
l s s ] s s s s s s s s s s s s
pita rplu und Net ion ing litie litie set res ent set ent ble nce set
[ s i i s g s a va s
Ca S u rs F es ovi
row b
a a b A ro s t m t A s tm
e i v d t A
re d e iti Pr Bor t Li t Li ible In-P nve ren nve ec d A rren
S ha s an old bil rm n n n g k - I ur I R n u
ty ve eh Lia Te erm urre urre Ta or ent n-C ent ade s A l C
ui ser har ax g T C C l W rr o rr Tr an ta
 12000
8000
4000
0
l s s ] s s s s s s s s s s s s
pita rplu und Net ion ing litie litie set res ent set ent ble nce set
[ is ow bi i s g s a va s
Ca S u rs F es v b A ro st
m A m
st ce i v A
e
ar and lde iliti
o r a a
Pr Bor t Li t Li ible In-P nve ren nve
t
e Ad ent
h o b m n n g - I r I R n d rr
S s h a k
er erm urre urre Tan or ent -Cu ent ade s A l Cu
i ty rve are x Li T
u e g T C C l W rr on urr Tr oan ota
Eq Res l S h d Ta Lon ort her tal i ta n-Cu er N C L T
t a re S h t T o p rm
To fer O Ca No Oth e
De tT
h or
S
 Particulars percentage change (in %)
Equity Share Capital 0
Total Share Capital 0
Reserves and Surplus 43.79
Total Reserves and Surplus 43.79
Total Shareholders Funds 42.94
Long Term Borrowings -67.09
Deferred Tax Liabilities [Net] 25.74
Other Long Term Liabilities 254.76
Long Term Provisions 16.56
Total Non-Current Liabilities 15.57
Short Term Borrowings
Trade Payables 25.35
Other Current Liabilities 11.78
Short Term Provisions -94.91
Total Current Liabilities -6.19
Total Capital And Liabilities 23.83
Tangible Assets -0.82
Intangible Assets 0.54
Capital Work-In-Progress 136.83
Fixed Assets 3.91
Non-Current Investments 58.72
Long Term Loans And Advances -36.82
Other Non-Current Assets 1324.09
Total Non-Current Assets 27.44
Current Investments -8.19
Inventories 36.26
Trade Receivables 31.03
Cash And Cash Equivalents 32.84
Short Term Loans And Advances -93.89
OtherCurrentAssets 121.73
Total Current Assets 20.72
Total Assets 23.83

Percentage Increase

1600
1400
1200
1000
800
600
400
1600
1400
1200
1000
800
600
400
200
0
percentage change (in %)
-200

Equity Share Capital Total Share Capital

Reserves and Surplus Total Reserves and Surplus
Total Shareholders Funds Long Term Borrowings
Deferred Tax Liabilities [Net] Other Long Term Liabilities
Long Term Provisions Total Non-Current Liabilities
Short Term Borrowings Trade Payables
Other Current Liabilities Short Term Provisions
Total Current Liabilities Total Capital And Liabilities
Tangible Assets Intangible Assets
Capital Work-In-Progress Fixed Assets
Non-Current Investments Long Term Loans And Advances
Other Non-Current Assets Total Non-Current Assets
Current Investments Inventories
Trade Receivables Cash And Cash Equivalents
Short Term Loans And Advances OtherCurrentAssets
Total Current Assets Total Assets
 COMPARITIVE BALANCE SHEET OF ASIAN PAINTS
PARTICULARS Mar-17 Mar-18
(IN RS. CRORES) (IN RS. CRORES)

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 95.92 95.92
Total Share Capital 95.92 95.92
Reserves and Surplus 6,998.83 7,702.24
Total Reserves and Surplus 6,998.83 7,702.24
Total Shareholders Funds 7,094.75 7,798.16
NON-CURRENT LIABILITIES
Long Term Borrowings 10.38 9.87
Deferred Tax Liabilities [Net] 261.17 270.33
Other Long Term Liabilities 5.96 3.26
Long Term Provisions 109.84 107.35
Total Non-Current Liabilities 387.35 390.81
CURRENT LIABILITIES
Short Term Borrowings 26.84 0
Trade Payables 1,671.26 1,851.50
Other Current Liabilities 1,141.63 1,504.61
Short Term Provisions 36.2 42.85
Total Current Liabilities 2,875.93 3,398.96
Total Capital And Liabilities 10,358.03 11,587.93
ASSETS
NON-CURRENT ASSETS
Tangible Assets 2,512.01 2,477.44
Intangible Assets 92.67 91.09
Capital Work-In-Progress 219.76 1,391.84
Fixed Assets 2,824.44 3,960.37
Non-Current Investments 1,598.20 1,547.33
Long Term Loans And Advances 70.27 79.08
Other Non-Current Assets 434.92 500.06
Total Non-Current Assets 4,927.83 6,086.84
CURRENT ASSETS
Current Investments 1,315.40 1,030.01
Inventories 2,194.09 2,178.43
Trade Receivables 994.63 1,138.20
Cash And Cash Equivalents 205.94 120.84
Short Term Loans And Advances 13.55 12.17
OtherCurrentAssets 706.59 1,021.44
Total Current Assets 5,429.63 5,500.17
Total Assets 10,358.03 11,587.93
 INTERPRETATION : Total shareholders funds increased by 9.91%. Other long term
liabilities decreased by 41.3%. Total non current liabilities increased by 0.89%. Total
current liabilities increased by 18.18%. Capital WIP increased by 533.34%. Total non
current assets increased by 23.51%. Other current assets increased by 44.55%.
Total current assets increased by 1.29%. Total assets and Total liabilities increased
by 11.87%.
OF ASIAN PAINTS
ABSOLUTE CHANGE PERCENTAGE CHANGE
( IN %)

Particulars
0 0 Equity Share Capital
0 0 Total Share Capital
703.41 10.05 Reserves and Surplus
703.41 10.05 Total Reserves and Surplus
703.41 9.91 Total Shareholders Funds
Long Term Borrowings
-0.510000000000002 -4.91 Deferred Tax Liabilities [Net]
9.15999999999997 3.5 Other Long Term Liabilities
-2.7 -45.3 Long Term Provisions
-2.49000000000001 -2.26 Total Non-Current Liabilities
3.45999999999998 0.89 Short Term Borrowings
Trade Payables
-26.84 -100 Other Current Liabilities
180.24 10.78 Short Term Provisions
362.98 31.79 Total Current Liabilities
6.65 18.37 Total Capital And Liabilities
523.03 18.18 Tangible Assets
1229.9 11.87 Intangible Assets
Capital Work-In-Progress
Fixed Assets
-34.5700000000002 -1.37 Non-Current Investments
-1.58 -1.7 Long Term Loans And Advances
1172.08 533.34 Other Non-Current Assets
1135.93 40.21 Total Non-Current Assets
-50.8700000000001 -3.18 Current Investments
8.81 12.53 Inventories
65.14 14.97 Trade Receivables
1159.01 23.51 Cash And Cash Equivalents
Short Term Loans And Advances
-285.39 -21.69 OtherCurrentAssets
-15.6600000000003 -0.71 Total Current Assets
143.57 14.43 Total Assets
-85.1 -41.32
-1.38 -10.18 Mar-17 Mar-18
314.85 44.55 25000
70.54 1.29 20000
1229.9 11.87
15000
10000
5000
0
 Mar-17 Mar-18
25000
20000
15000
10000

5000
0
l us ds t] ns gs es es ts ss nts ets
ta
a pi urpl F un [Ne isio win iliti iliti sse gre e ss
e
C S r s e s
rov
rr o iab iab e A Pro stm t A
ar nd lde iliti P Bo L L bl - ve en ve
Sh es a ho iab erm rm e nt ent ngi rk-In t In urr t In
ty v e L r r rr a
T Wo re n - C n
qui ser har ax ng T t Te r Cu l Cu l ur Non urre Tr
E Re tal S T r
Lo ho the ota ta n-C er C
re
d
S T pi
To fer O Ca No Oth Te
De ort
Sh
 Mar-17 Mar-18 Particulars
95.92 95.92 Equity Share Capital
95.92 95.92 Total Share Capital
6,998.83 7,702.24 Reserves and Surplus
6,998.83 7,702.24 Total Reserves and Surplus
7,094.75 7,798.16 Total Shareholders Funds
10.38 9.87 Long Term Borrowings
261.17 270.33 Deferred Tax Liabilities [Net]
5.96 3.26 Other Long Term Liabilities
109.84 107.35 Long Term Provisions
387.35 390.81 Total Non-Current Liabilities
26.84 0 Short Term Borrowings
1,671.26 1,851.50 Trade Payables
1,141.63 1,504.61 Other Current Liabilities
36.2 42.85 Short Term Provisions
2,875.93 3,398.96 Total Current Liabilities
10,358.03 11,587.93 Total Capital And Liabilities
2,512.01 2,477.44 Tangible Assets
92.67 91.09 Intangible Assets
219.76 1,391.84 Capital Work-In-Progress
2,824.44 3,960.37 Fixed Assets
1,598.20 1,547.33 Non-Current Investments
70.27 79.08 Long Term Loans And Advances
434.92 500.06 Other Non-Current Assets
4,927.83 6,086.84 Total Non-Current Assets
1,315.40 1,030.01 Current Investments
2,194.09 2,178.43 Inventories
994.63 1,138.20 Trade Receivables
205.94 120.84 Cash And Cash Equivalents
13.55 12.17 Short Term Loans And Advances
706.59 1,021.44 OtherCurrentAssets
5,429.63 5,500.17 Total Current Assets
10,358.03 11,587.93 Total Assets

Mar-17 Mar-18
Percentage change
600

500

400
 Mar-17 Mar-18
Percentage change
600

500

400

s s s s s s s s s s s s 300
on ng tie tie et es nt et nt le ce et
iv si owi bili bili Ass rogr tme Ass tme ivab van Ass
rr Lia Lia ble -P ves ent ves ece Ad ent
Bo nt nt ngi rk-In t In urr t In e R And urr 200
m rr e rre
Ta Wo ren n-C ren rad ns lC
r Cu l Cu l ur No ur T oa o ta
e
th Tot
a ta n-C er C L T 100
pi rm
Ca No Oth e
tT
or 0
Sh percentage change (in %)
-100

-200

Equity Share Capital Total Share Capital

Reserves and Surplus Total Reserves and Surplus
Total Shareholders Funds Long Term Borrowings
Deferred Tax Liabilities [Net] Other Long Term Liabilities
Long Term Provisions Total Non-Current Liabilities
Short Term Borrowings Trade Payables
Other Current Liabilities Short Term Provisions
Total Current Liabilities Total Capital And Liabilities
Tangible Assets Intangible Assets
Capital Work-In-Progress Fixed Assets
Non-Current Investments Long Term Loans And Advance
Other Non-Current Assets Total Non-Current Assets
Current Investments Inventories
Trade Receivables Cash And Cash Equivalents
Short Term Loans And Advances OtherCurrentAssets
Total Current Assets Total Assets
 percentage change (in %)
0
0
10.05
10.05
9.91
-4.91
3.5
-45.3
-2.26
0.89
-100
10.78
31.79
18.37
18.18
11.87
-1.37
-1.7
533.34
40.21
-3.18
12.53
14.97
23.51
-21.69
-0.71
14.43
-41.32
-10.18
44.55
1.29
11.87

entage change
entage change

percentage change (in %)

Total Share Capital

Total Reserves and Surplus
nds Long Term Borrowings
s [Net] Other Long Term Liabilities
Total Non-Current Liabilities
gs Trade Payables
es Short Term Provisions
es Total Capital And Liabilities
Intangible Assets
ess Fixed Assets
nts Long Term Loans And Advances
sets Total Non-Current Assets
Inventories
Cash And Cash Equivalents
Advances OtherCurrentAssets
Total Assets
 COMPARITIVE BALANCE SHEET OF ASIAN PAINTS
PARTICULARS Mar-18 Mar-19
(IN RS. CRORES) (IN RS. CRORES)

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 95.92 95.92
Total Share Capital 95.92 95.92
Reserves and Surplus 7,702.24 8,791.64
Total Reserves and Surplus 7,702.24 8,791.64
Total Shareholders Funds 7,798.16 8,887.56
NON-CURRENT LIABILITIES
Long Term Borrowings 9.87 10.89
Deferred Tax Liabilities [Net] 270.33 416.35
Other Long Term Liabilities 3.26 2.9
Long Term Provisions 107.35 118.48
Total Non-Current Liabilities 390.81 548.62
CURRENT LIABILITIES
Short Term Borrowings 0 4.35
Trade Payables 1,851.50 2,062.29
Other Current Liabilities 1,504.61 1,597.28
Short Term Provisions 42.85 52.27
Total Current Liabilities 3,398.96 3,716.19
Total Capital And Liabilities 11,587.93 13,152.37
ASSETS
NON-CURRENT ASSETS
Tangible Assets 2,477.44 4,580.57
Intangible Assets 91.09 89.97
Capital Work-In-Progress 1,391.84 179.31
Fixed Assets 3,960.37 4,849.85
Non-Current Investments 1,547.33 1,817.37
Long Term Loans And Advances 79.08 76
Other Non-Current Assets 500.06 355.8
Total Non-Current Assets 6,086.84 7,099.02
CURRENT ASSETS
Current Investments 1,030.01 1,146.63
Inventories 2,178.43 2,585.10
Trade Receivables 1,138.20 1,244.95
Cash And Cash Equivalents 120.84 167.52
Short Term Loans And Advances 12.17 13.98
OtherCurrentAssets 1,021.44 895.17
Total Current Assets 5,500.17 6,053.35
Total Assets 11,587.93 13,152.37
INTERPRETATION : Shareholders fund increased by 13.96%. Total non current liabilities
increased by 40.98%. Total current liabilities increased by 9.33% and total liabilities
increased by 13.5%. Tangible assets increased by 84.89%. Total non current assets by
16.62%. Inventories increased by 18.66%. Cash and cash equivalents by 38.63%. Total
current assets by 10.05%. Total assets by 13.5%.
F ASIAN PAINTS
ABSOLUTE CHANGE PERCENTAGE CHANGE
( IN %)

Particulars
0 0 Equity Share Capital
0 0 Total Share Capital
1089.4 14.14 Reserves and Surplus
1089.4 14.14 Total Reserves and Surplus
1089.4 13.96 Total Shareholders Funds
Long Term Borrowings
1.02 10.33 Deferred Tax Liabilities [Net]
146.02 54.01 Other Long Term Liabilities
-0.36 -11.04 Long Term Provisions
11.13 10.36 Total Non-Current Liabilities
157.81 40.38 Short Term Borrowings
Trade Payables
4.35 Other Current Liabilities
210.79 11.38 Short Term Provisions
92.6700000000001 6.15 Total Current Liabilities
9.42 21.98 Total Capital And Liabilities
317.23 9.33 Tangible Assets
1564.44 13.5 Intangible Assets
Capital Work-In-Progress
Fixed Assets
2103.13 84.89 Non-Current Investments
-1.12 -1.22 Long Term Loans And Advances
-1212.53 -87.11 Other Non-Current Assets
889.480000000001 22.45 Total Non-Current Assets
270.04 17.45 Current Investments
-3.08 -3.89 Inventories
-144.26 -28.84 Trade Receivables
1012.18 16.62 Cash And Cash Equivalents
Short Term Loans And Advances
116.62 11.32 OtherCurrentAssets
406.67 18.66 Total Current Assets
106.75 9.37 Total Assets
46.68 38.63
1.81 14.87 Mar-18 Mar-19
-126.27 -12.36 30000
553.18 10.05 25000
1564.44 13.5 20000
15000
10000
5000
0
 Mar-18 Mar-19
30000
25000
20000
15000
10000
5000
0
l us ds t] ns gs es es ts ss nt
ta
a pi urpl F un [Ne isio win iliti iliti sse gre e
e
C S r s e s
rov
rro iab iab e A Pro stm
r d e iti P Bo L L bl - ve en
S ha s an old bil rm e nt ent ngi rk-In t In urr
h a m
ui
ty rve are x Li
e Te Ter Curr Curr Ta Wo ren n-C r
Eq Res l S h d Ta Lon ort her tal
g l ur No Cur
t a re h t o pita n-C er
S O T Ca No Oth
To fer
De
S
 Mar-18 Mar-19
95.92 95.92
95.92 95.92
7,702.24 8,791.64
7,702.24 8,791.64
7,798.16 8,887.56
9.87 10.89
270.33 416.35
3.26 2.9
107.35 118.48
390.81 548.62
0 4.35
1,851.50 2,062.29
1,504.61 1,597.28
42.85 52.27
3,398.96 3,716.19
11,587.93 13,152.37
2,477.44 4,580.57
91.09 89.97
1,391.84 179.31
3,960.37 4,849.85
1,547.33 1,817.37
79.08 76
500.06 355.8
6,086.84 7,099.02
1,030.01 1,146.63
2,178.43 2,585.10
1,138.20 1,244.95
120.84 167.52
12.17 13.98
1,021.44 895.17
5,500.17 6,053.35
11,587.93 13,152.37

Mar-18 Mar-19
 Mar-18 Mar-19

s s s s s s s s s s s s
on ing litie litie sset res ent sset ent ble nce sset
w i i A g m m va a
b
rro Lia Lia ble
b ro st A st i v A
-P e nt e ce Ad ent
Bo nt nt g i
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Cu l Cu l W urre on urre Tra an otal
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To pi m
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tT
hor
S
 Particulars percentage change (in %)
Equity Share Capital 0
Total Share Capital 0
Reserves and Surplus 14.14
Total Reserves and Surplus 14.14
Total Shareholders Funds 13.96
Long Term Borrowings 10.33
Deferred Tax Liabilities [Net] 54.01
Other Long Term Liabilities -11.04
Long Term Provisions 10.36
Total Non-Current Liabilities 40.38
Short Term Borrowings
Trade Payables 11.38
Other Current Liabilities 6.15
Short Term Provisions 21.98
Total Current Liabilities 9.33
Total Capital And Liabilities 13.5
Tangible Assets 84.89
Intangible Assets -1.22
Capital Work-In-Progress -87.11
Fixed Assets 22.45
Non-Current Investments 17.45
Long Term Loans And Advances -3.89
Other Non-Current Assets -28.84
Total Non-Current Assets 16.62
Current Investments 11.32
Inventories 18.66
Trade Receivables 9.37
Cash And Cash Equivalents 38.63
Short Term Loans And Advances 14.87
OtherCurrentAssets -12.36
Total Current Assets 10.05
Total Assets 13.5

Percentage change
100

50

0
percentage change (in %)
-50
 Percentage change
100

50

0
percentage change (in %)
-50

-100

Equity Share Capital Total Share Capital

Reserves and Surplus Total Reserves and Surplus
Total Shareholders Funds Long Term Borrowings
Deferred Tax Liabilities [Net] Other Long Term Liabilities
Long Term Provisions Total Non-Current Liabilities
Short Term Borrowings Trade Payables
Other Current Liabilities Short Term Provisions
Total Current Liabilities Total Capital And Liabilities
Tangible Assets Intangible Assets
Capital Work-In-Progress Fixed Assets
Non-Current Investments Long Term Loans And Advances
Other Non-Current Assets Total Non-Current Assets
Current Investments Inventories
Trade Receivables Cash And Cash Equivalents
Short Term Loans And Advances OtherCurrentAssets
Total Current Assets Total Assets
 COMPARITIVE BALANCE SHEET OF ASIAN PAINTS
PARTICULARS Mar-15 Mar-19
(IN RS. CRORES) (IN RS. CRORES)

EQUITIES AND LIABILITIES

SHAREHOLDER'S FUNDS
Equity Share Capital 95.92 95.92
Total Share Capital 95.92 95.92
Reserves and Surplus 4,134.34 8,791.64
Total Reserves and Surplus 4,134.34 8,791.64
Total Shareholders Funds 4,230.26 8,887.56
NON-CURRENT LIABILITIES
Long Term Borrowings 32.09 10.89
Deferred Tax Liabilities [Net] 167.78 416.35
Other Long Term Liabilities 0 2.9
Long Term Provisions 85.25 118.48
Total Non-Current Liabilities 285.12 548.62
CURRENT LIABILITIES
Short Term Borrowings 0 4.35
Trade Payables 1,313.08 2,062.29
Other Current Liabilities 832.71 1,597.28
Short Term Provisions 612.03 52.27
Total Current Liabilities 2,757.82 3,716.19
Total Capital And Liabilities 7,273.20 13,152.37
ASSETS
NON-CURRENT ASSETS
Tangible Assets 1,886.42 4,580.57
Intangible Assets 79.07 89.97
Capital Work-In-Progress 139.54 179.31
Fixed Assets 2,105.03 4,849.85
Non-Current Investments 775.72 1,817.37
Long Term Loans And Advances 209.54 76
Other Non-Current Assets 13.64 355.8
Total Non-Current Assets 3,103.93 7,099.02
CURRENT ASSETS
Current Investments 1,118.06 1,146.63
Inventories 1,802.18 2,585.10
Trade Receivables 728.87 1,244.95
Cash And Cash Equivalents 61.81 167.52
Short Term Loans And Advances 205.43 13.98
OtherCurrentAssets 252.92 895.17
Total Current Assets 4,169.27 6,053.35
Total Assets 7,273.20 13,152.37
 INTERPRETATION : From march 2015-march 2019, the shareholders fund increased by
110.09%. Total non current liabilities increased by 92.41%. Short term provisions
decreased by 91.45%. Total current liabilities increased by 34.75%. Total liabilities
increased by 80.83%. Tangible assets increased by 142.81%. Fixed assets increased by
more than 130%. Total non current assets by 128.71%. Cash and cash equivalents
increased by 171.02%. Total current assets increased by 45.18%. Total assets increased
by 80.83%.
OF ASIAN PAINTS
ABSOLUTE CHANGE PERCENTAGE CHANGE
( IN %)

Particulars
0 0 Equity Share Capital
0 0 Total Share Capital
4657.3 112.64 Reserves and Surplus
4657.3 112.64 Total Reserves and Surplus
4657.3 110.09 Total Shareholders Funds
Long Term Borrowings
-21.2 -66.06 Deferred Tax Liabilities [Net]
248.57 148.15 Other Long Term Liabilities
2.9 Long Term Provisions
33.23 38.97 Total Non-Current Liabilities
263.5 92.41 Short Term Borrowings
Trade Payables
4.35 Other Current Liabilities
749.21 57.05 Short Term Provisions
764.57 91.81 Total Current Liabilities
-559.76 -91.45 Total Capital And Liabilities
958.37 34.75 Tangible Assets
5879.17 80.83 Intangible Assets
Capital Work-In-Progress
Fixed Assets
2694.15 142.81 Non-Current Investments
10.9 13.78 Long Term Loans And Advances
39.77 28.5 Other Non-Current Assets
2744.82 130.39 Total Non-Current Assets
1041.65 134.28 Current Investments
-133.54 -63.73 Inventories
342.16 2508.5 Trade Receivables
3995.09 128.71 Cash And Cash Equivalents
Short Term Loans And Advances
28.5700000000002 2.55 OtherCurrentAssets
782.92 43.44 Total Current Assets
516.08 70.8 Total Assets
105.71 171.02
-191.45 -93.19 Mar-15 Mar-19
642.25 253.93 25000
1884.08 45.18 20000
5879.17 80.83
15000
10000
5000
0
 Mar-15 Mar-19
25000
20000
15000
10000

5000
0
l us ds t] ns gs es es ts ss
ta
a pi urpl F un [Ne isio win iliti iliti sse gre e
e
C S rs e s
rov
rr o iab iab e A Pro stm
d l - e
ar n ld
e
il i
ti P Bo tL tL ib In nv r
y S h es a ho iab erm rm ren rren ang ork- nt I Cur
i t rv r e L T e u r u T e n -
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Eq Res l S h d Ta Lon ort her tal ita n-C er
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 Mar-15 Mar-19 Particulars
95.92 95.92 Equity Share Capital
95.92 95.92 Total Share Capital
4,134.34 8,791.64 Reserves and Surplus
4,134.34 8,791.64 Total Reserves and Surplus
4,230.26 8,887.56 Total Shareholders Funds
32.09 10.89 Long Term Borrowings
167.78 416.35 Deferred Tax Liabilities [Net]
0 2.9 Other Long Term Liabilities
85.25 118.48 Long Term Provisions
285.12 548.62 Total Non-Current Liabilities
0 4.35 Short Term Borrowings
1,313.08 2,062.29 Trade Payables
832.71 1,597.28 Other Current Liabilities
612.03 52.27 Short Term Provisions
2,757.82 3,716.19 Total Current Liabilities
7,273.20 13,152.37 Total Capital And Liabilities
1,886.42 4,580.57 Tangible Assets
79.07 89.97 Intangible Assets
139.54 179.31 Capital Work-In-Progress
2,105.03 4,849.85 Fixed Assets
775.72 1,817.37 Non-Current Investments
209.54 76 Long Term Loans And Advances
13.64 355.8 Other Non-Current Assets
3,103.93 7,099.02 Total Non-Current Assets
1,118.06 1,146.63 Current Investments
1,802.18 2,585.10 Inventories
728.87 1,244.95 Trade Receivables
61.81 167.52 Cash And Cash Equivalents
205.43 13.98 Short Term Loans And Advances
252.92 895.17 OtherCurrentAssets
4,169.27 6,053.35 Total Current Assets
7,273.20 13,152.37 Total Assets

Mar-15 Mar-19

Percentage change
3000

2500
 Mar-15 Mar-19

Percentage change
3000

2500
s s s s s s s s s s s s
on ng tie tie et es nt et nt le ce et
iv si owi bili bili Ass rogr tme Ass tm e ivab van Ass
rr ia Lia ble -P es nt es ce Ad nt
Bo nt L nt gi k-In t Inv urre t Inv e Re nd urre
e e n r A 2000
rm urr urr Ta Wo ren n-C ren rad ns lC
r C lC l u r No ur T oa o ta
e a ta C C L T
th Tot pi n- er m
Ca No Oth T er
t
or
Sh 1500

1000

500

0
percentage change (in %)

-500

Equity Share Capital Total Share Capital

Reserves and Surplus Total Reserves and Surplus
Total Shareholders Funds Long Term Borrowings
Deferred Tax Liabilities [Net] Other Long Term Liabilities
Long Term Provisions Total Non-Current Liabilities
Short Term Borrowings Trade Payables
Other Current Liabilities Short Term Provisions
Total Current Liabilities Total Capital And Liabilities
Tangible Assets Intangible Assets
Capital Work-In-Progress Fixed Assets
Non-Current Investments Long Term Loans And Advan
Other Non-Current Assets Total Non-Current Assets
Current Investments Inventories
Trade Receivables Cash And Cash Equivalents
Short Term Loans And Advances OtherCurrentAssets
Total Current Assets Total Assets
 percentage change (in %)
0
0
112.64
112.64
110.09
-66.06
148.15

38.97
92.41

57.05
91.81
-91.45
34.75
80.83
142.81
13.78
28.5
130.39
134.28
-63.73
2508.5
128.71
2.55
43.44
70.8
171.02
-93.19
253.93
45.18
80.83

Percentage change
 Percentage change

percentage change (in %)

e Capital Total Share Capital

nd Surplus Total Reserves and Surplus
holders Funds Long Term Borrowings
ax Liabilities [Net] Other Long Term Liabilities
Provisions Total Non-Current Liabilities
Borrowings Trade Payables
nt Liabilities Short Term Provisions
nt Liabilities Total Capital And Liabilities
sets Intangible Assets
rk-In-Progress Fixed Assets
t Investments Long Term Loans And Advances
Current Assets Total Non-Current Assets
estments Inventories
ivables Cash And Cash Equivalents
Loans And Advances OtherCurrentAssets
nt Assets Total Assets