PASCHIM GUJARAT VIJ COMPANY LIMITED--RAJKOT       2nd Quarter        ( Rs.crores)
IV --  FINANCIAL  DATA					A/c head	2014-15 2nd Qtr								PAGE:10
						Curreent Year 2014-15 Provisional				Previous Year 2013-14				% Change
						Quarterly		Cumulative		Quarterly		Cumulative		Quarterly	Cummulative
A	Revnue:
	1	Sale of Electricity			61 group	2427.34		4885.63		2449.99		4651.34		-0.92	5.04
	2	Government Subsidy				0.00		0.00		203.47		203.47		-100.00	-100.00
	3	Other Income			62+63 group	22.88		43.47		43.67		119.79		-47.61	-63.71
	4	Total Revenue				2450.22		4929.10		2697.13		4974.60		-9.15	-0.91
B	EXPENSES:
	Operating Expenses:
	1	Power Purchase Costs			70 group	2285.98		4660.49		2304.01		4527.87		-0.78	2.93
	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			75 +75.9 group	131.49		256.68		139.27		242.86		-5.59	5.69
	6	Repairs and Maintenance			74 group	31.80		63.57		15.15		39.52		109.89	60.84
	7	Administrative and General Expenses			76+76.9 group	25.42		48.88		25.80		49.49		-1.49	-1.22
	8	Other Operating Costs			79 group	1.31		2.28		3.06		44.59
	9	Depreciation			77 group	96.69		200.00		90.72		156.07		6.58	28.15
	10	Interest			78 group	11.12		21.15		70.22		72.87		-84.17	-70.97
	11	Other Expenses (including capitalisation)			15240 + 76.9+75.9	92.55		97.47		0.00		0.00		#DIV/0!
	12	Taxes, if any				0.00		0.00		0.00		0.00		#DIV/0!
	13	Total expenses				2676.35		5350.53		2648.23		5133.27		1.06	4.23
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.