Balance sheet of Reliance Power Ltd.

  Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05
Sources of funds
Owner's fund
Equity share capital 2,396.80 2,259.95 200.04 0.05 0.05
Share application money - - - 102.36 88.36
Preference share capital - - - - -
Reserves & surplus 11,396.01 11,282.72 0.02 -0.15 -0.02
Loan funds
Secured loans - - - - -
Unsecured loans - - - - -
Total 13,792.81 13,542.68 200.06 102.26 88.39
Uses of funds
Fixed assets
Gross block 78.18 67.41 67.27 66.77 0.30
Less : revaluation reserve - - - - -
Less : accumulated depreciation 1.58 1.06 1.00 0.76 0.19
Net block 76.60 66.35 66.27 66.01 0.11
Capital work-in-progress 55.84 61.14 53.57 35.86 88.09
Investments 6,282.71 8,489.75 41.28 0.01 0.02
Net current assets
Current assets, loans & advances 7,422.00 5,350.09 43.71 0.93 0.78
Less : current liabilities & provisions 44.35 424.65 4.77 0.54 0.60
Total net current assets 7,377.66 4,925.44 38.94 0.39 0.18
Miscellaneous expenses not written - - - - -
Total 13,792.81 13,542.68 200.06 102.26 88.39

Quarterly results in brief

   Mar ' 10 Dec ' 09 Sep ' 09 Jun ' 09 Mar ' 09
Sales 1.32 1.33 5.90 - -
Operating profit -22.43 -24.67 -14.44 -28.53 -
Interest - - - - -1.00
Gross profit 29.87 63.00 80.86 115.72 34.03
EPS (Rs) 0.15 0.26 0.29 0.44 0.15

Quarterly results in details

  Mar ' 10 Dec ' 09 Sep ' 09 Jun ' 09 Mar ' 09
Other income 52.30 87.68 95.30 144.25 65.41
Stock adjustment - - - - -
Raw material - - - - -
Power and fuel - - - - -
Employee expenses 18.52 12.33 - 8.08 7.93
Excise - - - - -
Admin and selling expenses - - - - -
Research and development expenses - - - - -
Expenses capitalised - - - - -
Other expenses 5.24 13.67 20.34 20.45 24.44
Provisions made - - - - -
Depreciation 0.25 0.15 - 0.12 0.10
Taxation -6.31 1.72 10.33 9.96 -0.98
Net profit / loss 35.93 61.13 70.53 105.64 34.92
Extra ordinary item - - - - -
Prior year adjustments - - - - -
Equity capital 2,396.80 2,396.80 2,396.80 2,396.80 2,396.80
Equity dividend rate - - - - -
Agg.of non-prom. shares (Lacs) 3648.00 3648.00 3648.00 3648.00 3648.00
Agg.of non promotoholding (%) 15.22 15.22 15.22 15.22 15.22
OPM (%) -1693.23 -1862.11 -244.69 - -
GPM (%) 55.70 70.79 79.90 - -
NPM (%) 67.00 68.69 69.69 - -

Annual results in brief

  Mar ' 10 Mar ' 09 Mar ' 08

Sales 8.55 - -
Operating profit -90.07 - -
Interest - - -
   Mar ' 10 Mar ' 09 Mar ' 08
Gross profit 289.45 256.68 101.44
EPS (Rs) 1.14 1.04 0.42

Profit loss account

  Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05
Income
Operating income - - 2.25 - -
Expenses
Material consumed - - - - -
Manufacturing expenses  - - - - -
Personnel expenses 20.76 3.13 0.25 - -
Selling expenses 0.68 1.48 0.01 0.10 -
Adminstrative expenses 52.02 20.82 0.61 0.01 0.01
Expenses capitalised - - - - -
Cost of sales 73.47 25.43 0.88 0.11 0.01
Operating profit - - 1.37 - -
Other recurring income 273.81 112.83 - - -
Adjusted PBDIT 200.34 87.39 1.37 - -
Financial expenses 1.77 5.72 0.82 - -
Depreciation  0.20 - - - -
Other write offs - - - - -
Adjusted PBT 198.38 81.67 0.55 -0.11 -0.01
Tax charges  7.57 6.20 0.38 0.02 -
Adjusted PAT 190.81 75.47 0.17 -0.13 -
Non recurring items 60.91 20.04 -0.01 - -
Other non cash adjustments - -0.57 - - -
Reported net profit 251.71 94.94 0.16 -0.13 -0.01
Earnigs before appropriation 346.40 94.96 0.02 -0.15 -0.02
Equity dividend - - - - -
Preference dividend - - - - -
Dividend tax - - - - -
Retained earnings 346.40 94.96 0.02 -0.15 -0.02

Share holding
Share holding pattern as on : 31/03/2010 31/12/2009 30/09/2009
Face value 10.00 10.00 10.00
No. Of % No. Of % No. Of %
Shares Holding Shares Holding Shares Holding
Promoter's holding
Indian Promoters 2032000000 84.78 2032000000 84.78 2032000000 84.78
Sub total 2032000000 84.78 2032000000 84.78 2032000000 84.78
Non promoter's holding
Institutional investors
Banks Fin. Inst. and
34757532 1.45 34679334 1.45 34866586 1.45
Insurance
FII's 88161912 3.68 85149209 3.55 88128078 3.68
Sub total 129724691 5.41 127018462 5.30 133794407 5.58
Other investors
Private Corporate
44618276 1.86 49159209 2.05 46799916 1.95
Bodies
NRI's/OCB's/Foreign
3377317 0.14 3281451 0.14 3088511 0.13
Others
Sub total 47995593 2.00 52440660 2.19 49888427 2.08
General public 187079716 7.81 185340878 7.73 181117166 7.56
Grand total 2396800000 100.00 2396800000 100.00 2396800000 100.00

Ratios

  Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05
Per share ratios
Adjusted EPS (Rs) 0.79 0.33 0.01 -25.57 -2.64
Adjusted cash EPS (Rs) 0.79 0.33 0.01 -25.57 -2.64
Reported EPS (Rs) 1.04 0.41 0.01 -25.57 -2.64
Reported cash EPS (Rs) 1.04 0.41 0.01 -25.57 -2.64
Dividend per share - - - - -
Operating profit per share (Rs) -0.30 -0.11 0.06 -22.27 -2.64
Book value (excl rev res) per share (Rs) 7.31 7.31 10.00 -19.22 6.35
Book value (incl rev res) per share (Rs.) 7.31 7.31 10.00 -19.22 6.35
Net operating income per share (Rs) - - 0.11 - -
   Mar ' 09 Mar ' 08 Mar ' 07 Mar ' 06 Mar ' 05
Free reserves per share (Rs) 47.55 49.92 - -29.22 -3.65
Profitability ratios
Operating margin (%) - 77.44 60.98 - -
Gross profit margin (%) - 77.44 60.98 - -
Net profit margin (%) 90.90 83.90 7.19 - -
Adjusted cash margin (%) 69.75 66.89 7.68 - -
Adjusted return on net worth (%) 1.38 0.55 0.08 - -41.59
Reported return on net worth (%) 1.80 0.69 0.08 - -41.59
Return on long term funds (%) 1.45 0.64 0.68 - -41.59
Leverage ratios
Long term debt / Equity - - - - -
Total debt/equity - - - - -
Owners fund as % of total source 100.00 100.00 100.00 - 100.00
Fixed assets turnover ratio - - 0.03 - -
Liquidity ratios
Current ratio 167.36 12.60 9.16 1.72 1.29
Current ratio (inc. st loans) 167.36 12.60 9.16 1.72 1.29
Quick ratio 167.36 12.60 9.16 1.72 1.29
Inventory turnover ratio - - - - -
Payout ratios
Dividend payout ratio (net profit) - - - - -
Dividend payout ratio (cash profit) - - - - -
Earning retention ratio 100.00 100.00 100.00 - -
Cash earnings retention ratio 100.00 100.00 100.00 - -
Coverage ratios
Adjusted cash flow time total debt - - - - -
Financial charges coverage ratio 113.42 15.27 1.67 - -
Fin. charges cov.ratio (post tax) 142.03 17.54 1.20 - -
Component ratios
Material cost component (% earnings) - - - - -
Selling cost Component - 1.31 0.57 - -
Exports as percent of total sales - - - - -
Import comp. in raw mat. consumed - - - - -
Long term assets / total Assets 0.46 0.61 0.78 0.99 0.99
Bonus component in equity capital (%) 5.70 - - - -

Bonus announcement
Year Month Ratio Ex Bonus Date
2008 Feb 3:5 30/05/2008