PASCHIM GUJARAT VIJ COMPANY LIMITED--RAJKOT									( Rs.crores)
IV --  FINANCIAL  DATA					2016-17 3RD Qtr				PAGE:10
					Current Year 2016-17		PREVIOUS YEAR 2015-16		% Change
					Quarterly	Cumulative	Quarterly	Cumulative	Quarterly	Cummulative
A	Revnue:
	1	Sale of Electricity			3539.76	9254.66	2550.29	7894.93	38.80%	17.22%
	2	Government Subsidy			0.00	0.00	0.00	0.00
	3	Other Income			25.65	69.44	24.20	75.01	5.96%	-7.43%
	4	Total Revenue			3565.40	9324.09	2574.49	7969.94	38.49%	16.99%
B	EXPENSES:
	Operating Expenses:
	1	Power Purchase Costs			2808.56	7944.84	2559.42	7405.78	9.73%	7.28%
	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			212.15	455.00	151.29	433.11	40.23%	5.05%
	6	Repairs and Maintenance			27.69	83.97	48.21	131.06	-42.57%	-35.93%
	7	Administrative and General Expenses			35.92	88.93	29.31	81.94	22.54%	8.52%
	8	Other Operating Costs			-78.98	11.56	50.17	51.03	-257.42%	-77.36%
	9	Depreciation			188.82	489.04	137.62	419.99	37.20%	16.44%
	10	Interest			8.95	32.29	14.43	42.06	-37.99%	-23.23%
	11	Other Expenses (including capitalisation)			74.27	167.53	73.86	174.72	0.55%	-4.11%
	12	Taxes, if any			0.00	0.00	0.00	0.00
	13	Total expenses			3277.37	9273.15	3064.33	8739.70	6.95%	6.10%
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.
5	Above units are  adjusted  of provisional open Access units 489(Mus) in second quarter adusted (April-16 to Dec-16) in HT category.