PASCHIM GUJARAT VIJ COMPANY LIMITED--RAJKOT													( Rs.crores)
IV --  FINANCIAL  DATA					2019-20 1st Qtr								PAGE:10
					Current Year 2019-20 Provisional				PREVIOUS YEAR 2018-19				% Change
					Quarterly		Cumulative		Quarterly		Cumulative		Quarterly	Cummulative
A	Revnue:
	1	Sale of Electricity			2349.56		2349.56		2940.90		2940.90		-20.11	-20.11
	2	Government Subsidy			0.00		0.00		0.00		0.00		#DIV/0!	#DIV/0!
	3	Other Income			46.88		46.88		35.42		35.42		32.36	32.36
	4	Total Revenue			2396.45		2396.45		2976.32		2976.32		-19.48	-19.48
B	EXPENSES:
	Operating Expenses:
	1	Power Purchase Costs			3704.53		3704.53		3637.37		3637.37		1.85	1.85
	2	Fixed					0.00		0.00		0.00
	3	Variable					0.00		0.00		0.00
	4	Fuel Expense					0.00		0.00		0.00
	5	Employee cost			196.92		196.92		184.53		184.53		6.72	6.72
	6	Repairs and Maintenance			37.77		37.77		27.32		27.32		38.25	38.25
	7	Administrative and General Expenses			29.26		29.26		30.33		30.33		-3.51	-3.51
	8	Other Operating Costs			69.63		69.63		2.60		2.60
	9	Depreciation			193.82		193.82		188.41		188.41		2.87	2.87
	10	Interest			4.56		4.56		5.52		5.52		-17.36	-17.36
	11	Other Expenses (including capitalisation)			-48.98		-48.98		-35.12		-35.12		39.46	39.46
	12	Taxes, if any			0.00		0.00		0.00		0.00		#DIV/0!	#DIV/0!
	13	Total expenses			4187.52		4187.52		4040.96		4040.96		3.63	3.63
C		Surplus (deficit) excluding rate of return
D		Calculation of Return
ASSUMPTIONS:
1	Quarterly results are provisional  as the same are not audited.
2	Subsidies are usually received at the year end, hence they have not been considered in the quarterly results
3	Interest on Borrowings is given by GUVNL at the year end, hence the same has not been considered in quarterly results
4	The expenses are capitalized at the year end, hence they have not been considered in quarterly results.