PASCHIM GUJARAT VIJ COMPANY LIMITED--RAJKOT													( Rs.crores)
IV --  FINANCIAL  DATA					2016-17 2nd Qtr								PAGE:10
					Current Year 2016-17				PREVIOUS YEAR 2015-16				% Change
					Quarterly		Cumulative		Quarterly		Cumulative		Quarterly	Cummulative
A	Revnue:
	1	Sale of Electricity			2841.81		5714.90		2427.34		4885.63		17.08	16.97
	2	Government Subsidy			0.00		0.00		0.00		0.00
	3	Other Income			20.84		43.79		22.88		43.47		-8.93	0.73
	4	Total Revenue			2862.65		5758.69		2450.22		4929.10		16.83	16.83
B	EXPENSES:
	Operating Expenses:
	1	Power Purchase Costs			2542.96		5136.28		2285.98		4660.49		11.24	10.21
	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			95.72		242.85		131.49		256.68		-27.20	-5.39
	6	Repairs and Maintenance			25.82		56.28		31.80		63.57		-18.81	-11.47
	7	Administrative and General Expenses			25.79		53.01		25.42		48.88		1.48	8.44
	8	Other Operating Costs			86.97		90.54		1.31		2.28
	9	Depreciation			145.30		300.22		96.69		200.00		50.27	50.11
	10	Interest			12.97		23.34		11.12		21.15		16.63	10.32
	11	Other Expenses (including capitalisation)			-58.51		-93.26		92.55		97.47		-163.22	-195.67
	12	Taxes, if any			0.00		0.00		0.00		0.00
	13	Total expenses			2877.02		5809.26		2676.35		5350.53		7.50	8.57
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.