PASCHIM GUJARAT VIJ COMPANY LIMITED--RAJKOT													( Rs.crores)
IV --  FINANCIAL  DATA					2019-20 3rd 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			3732.32		10028.09		3813.42		9454.47		-2.13	6.07
	2	Government Subsidy			0.00		0.00		0.00		0.00
	3	Other Income			54.25		147.02		45.24		122.17		19.91	20.34
	4	Total Revenue			3786.56		10175.11		3858.66		9576.64		-1.87	6.25
B	EXPENSES:
	Operating Expenses:
	1	Power Purchase Costs			3681.72		10579.51		4445.66		11892.40		-17.18	-11.04
	2	Fixed					0.00				0.00
	3	Variable					0.00				0.00
	4	Fuel Expense					0.00				0.00
	5	Employee cost			200.92		603.19		255.86		693.33		-21.47	-13.00
	6	Repairs and Maintenance			54.64		131.27		37.16		100.70		47.03	30.35
	7	Administrative and General Expenses			44.84		115.20		35.01		110.77		28.05	4.00
	8	Other Operating Costs			4.11		79.73		2.34		6.72
	9	Depreciation			240.32		628.39		203.05		595.73		18.35	5.48
	10	Interest			5.75		15.30		6.49		19.06		-11.38	-19.76
	11	Other Expenses (including capitalisation)			-66.26		-173.03		-71.45		179.18		-7.26	-196.57
	12	Taxes, if any			0.00		0.00		0.00		0.00
	13	Total expenses			4166.03		11979.55		4914.12		13597.89		-15.22	-11.90
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.