PASCHIM GUJARAT VIJ COMPANY LIMITED--RAJKOT       2nd Quarter        ( Rs.crores)
IV --  FINANCIAL  DATA					2012-13 2nd Qtr								PAGE:10
					Curreent Year 2012-13 Provisional				Previous Year 2011-12				% Change
					Quarterly		Cumulative		Quarterly		Cumulative		Quarterly	Cummulative
A	Revnue:
	1	Sale of Electricity			2449.99		4651.34		1548.46		2902.14		58.22	60.27
	2	Government Subsidy			203.47		203.47		12.45		13.03		1534.30	1461.55
	3	Other Income			43.67		119.79		12.43		25.02		251.33	378.78
	4	Total Revenue			2697.13		4974.60		1573.34		2940.19		71.43	69.19
B	EXPENSES:
	Operating Expenses:
	1	Power Purchase Costs			2304.01		4527.87		1445.75		2991.07		59.36	51.38		Purchase of Power from Others			16.61
	2	Fixed			0.00		0.00		0.00		0.00					Purchase of Power from GUVNL			3459.57
	3	Variable			0.00		0.00		0.00		0.00					Fuel Expenses
	4	Fuel Expense			0.00		0.00		0.50		1.00					Repairs & Maintenance			41.88	18.81
	5	Employee cost			139.27		242.86		95.24		179.53		46.23	35.28		Payments to and Provisions for Employees			209.25	106.22
	6	Repairs and Maintenance			15.15		39.52		19.36		46.86		-21.75	-15.66		Interest and Finance Charges			68.79	34.40
	7	Administrative and General Expenses			25.80		49.49		18.05		33.35		42.94	48.40		Administration and Other Expenses			41.18	20.92
	8	Other Operating Costs			3.06		44.59		1.04		2.13					Depreciation			127.89	66.08
	9	Depreciation			90.72		156.07		44.81		93.14		102.45	67.56					12.42	11.61
	10	Interest			70.22		72.87		1.15		7.44		6006.09	879.44
	11	Other Expenses (including capitalisation)					0.00		0.00		0.00		#DIV/0!
	12	Taxes, if any					0.00		0.00		0.00		#DIV/0!			Power Purchase Costs			1719.27
	13	Total expenses			2648.23		5133.27		1625.90		3354.52		62.88	53.03		Fixed			0.00
C		Surplus (deficit) excluding rate of return														Variable			0.00
D		Calculation of Return														Fuel Expense			0.00
ASSUMPTIONS:																Employee cost			103.03
1	Quarterly results are provisional  as the same are not audited.															Repairs and Maintenance			23.07
2	Subsidies are usually received at the year end, hence they have not been considered in the quarterly results															Administrative and General Expenses			20.26
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.															Other Operating Costs			20.81
4	Interest on Borrowings is given by GUVNL at the year end, hence the same has not been considered in quarterly results															Depreciation			61.81
5	The expenses are capitalized at the year end, hence they have not been considered in quarterly results.															Interest			34.39
																Other Expenses (including capitalisation)			0.00