PASCHIM GUJARAT VIJ COMPANY LIMITED--RAJKOT       1st Quarter        ( Rs.crores)
IV --  FINANCIAL  DATA					2012-13 1st Qtr								PAGE:10
					Current Year 2012-13 Provisional				PREVIOUS YEAR 2011-12				% Change
					Quarterly		Cumulative		Quarterly		Cumulative		Quarterly	Cummulative
A	Revnue:
	1	Sale of Electricity			2201.35		2201.35		1732.80		1732.80		27.04	27.04		2989.17	787.82
	2	Government Subsidy			0.00		0.00		0.00		0.00		#DIV/0!	#DIV/0!		198.75	198.75
	3	Other Income			76.12		76.12		34.24		34.24		122.31	122.31		71.09	-5.03
	4	Total Revenue			2277.47		2277.47		1767.04		1767.04		28.89	28.89
B	EXPENSES:
	Operating Expenses:
	1	Power Purchase Costs			2223.86		2223.86		1719.27		1719.27		29.35	29.35
	2	Fixed			0.00		0.00		0.00		0.00
	3	Variable			0.00		0.00		0.00		0.00
	4	Fuel Expense			0.00		0.00		0.00		0.00
	5	Employee cost			103.59		103.59		103.03		103.03		0.54	0.54
	6	Repairs and Maintenance			24.37		24.37		23.07		23.07		5.64	5.64
	7	Administrative and General Expenses			23.69		23.69		20.26		20.26		16.93	16.93
	8	Other Operating Costs			41.53		41.53		0.81		0.81
	9	Depreciation			65.35		65.35		61.81		61.81		5.73	5.73
	10	Interest			2.65		2.65		34.39		34.39		-92.29	-92.29
	11	Other Expenses (including capitalisation)			0.00		0.00		0.00		0.00		#DIV/0!	#DIV/0!
	12	Taxes, if any			0.00		0.00		0.00		0.00		#DIV/0!	#DIV/0!
	13	Total expenses			2485.04		2485.04		1962.64		1962.64		26.62	26.62
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	Power Purchase cost is considered on the basis of Bill raised by GUVNL, However the same is revised by GUVNL at the year end.
4	Interest on Borrowings is given by GUVNL at the year end, hence the same has not been considered in quarterly results
5	The expenses are capitalized at the year end, hence they have not been considered in quarterly results.
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