PASCHIM GUJARAT VIJ COMPANY LIMITED--RAJKOT													( Rs.crores)
IV --  FINANCIAL  DATA					2017-18 1st Qtr								PAGE:10
					Current Year 2017-18 Provisional				PREVIOUS YEAR 2016-17		PREVIOUS YEAR 2010-11		% Change
					Quarterly		Cumulative		Quarterly		Cumulative		Quarterly	Cummulative
A	Revnue:
	1	Sale of Electricity			2916.54		2916.54		2873.09		2873.09		1.51	1.51
	2	Government Subsidy			0.00		0.00		0.00		0.00		#DIV/0!	#DIV/0!
	3	Other Income			24.12		24.12		22.95		22.95		5.08	5.08
	4	Total Revenue			2940.66		2940.66		2896.04		2896.04		1.54	1.54
B	EXPENSES:
	Operating Expenses:
	1	Power Purchase Costs			2841.38		2841.38		2593.32		2593.32		9.57	9.57
	2	Fixed					0.00		0.00		0.00
	3	Variable					0.00		0.00		0.00
	4	Fuel Expense					0.00		0.00		0.00
	5	Employee cost			158.49		158.49		147.13		147.13		7.73	7.73
	6	Repairs and Maintenance			30.10		30.10		30.46		30.46		-1.20	-1.20
	7	Administrative and General Expenses			31.74		31.74		27.22		27.22		16.61	16.61
	8	Other Operating Costs			2.22		2.22		3.57		3.57
	9	Depreciation			170.03		170.03		154.92		154.92		9.75	9.75
	10	Interest			5.55		5.55		10.37		10.37		-46.48	-46.48
	11	Other Expenses (including capitalisation)			-9.28		-9.28		-34.75		-34.75		-73.29	-73.29
	12	Taxes, if any			0.00		0.00		0.00		0.00		#DIV/0!	#DIV/0!
	13	Total expenses			3230.24		3230.24		2932.26		2932.26		10.16	10.16
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.