PASCHIM GUJARAT VIJ COMPANY LIMITED--RAJKOT
3rd Quarter													( Rs.crores)
IV --  FINANCIAL  DATA					2014-15 3rd Qtr								PAGE:10
					Curreent Year 2014-15 Provisional				Previous Year 2013-14				% Change
					Quarterly		Cumulative		Quarterly		Cumulative		Quarterly	Cummulative				last qtr
A	Revnue:
	1	Sale of Electricity			2428.52		7314.14		2062.38		6624.03		17.75	10.42				4885.63
	2	Government Subsidy			0.00		0.00		0.00		0.00		0.00	0.00				0.00
	3	Other Income			28.75		72.22		117.84		160.07		-75.60	-54.88				43.47
	4	Total Revenue			2457.27		7386.36		4242.60		6784.10		-42.08	8.88				4929.10
B	EXPENSES:
	Operating Expenses:
	1	Power Purchase Costs			2673.13		7333.62		2520.45		7106.49		6.06	3.20				4660.49
	2	Fixed			0.00		0.00		0.00		0.00							0.00
	3	Variable			0.00		0.00		0.00		0.00							0.00
	4	Fuel Expense			0.00		0.00		0.00		0.00							0.00
	5	Employee cost			127.75		384.43		122.42		350.38		4.36	9.72				256.68
	6	Repairs and Maintenance			35.33		98.90		39.30		86.24		-10.10	14.68				63.57
	7	Administrative and General Expenses			25.03		73.91		23.12		67.91		8.26	8.84				48.88
	8	Other Operating Costs			1.78		4.06		1.80		4.93							2.28
	9	Depreciation			111.20		311.20		91.28		278.50		21.82	11.74				200.00
	10	Interest			12.87		34.02		7.78		21.91		65.37	55.28				21.15
	11	Other Expenses (including capitalisation)			76.00		173.47		0.00		0.00							97.47
	12	Taxes, if any			0.00		0.00		0.00		0.00							0.00
	13	Total expenses			3063.08		8413.61		2806.15		7916.35		9.16	6.28			5350.53	5350.53
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.