PASCHIM GUJARAT VIJ COMPANY LIMITED--RAJKOT													( Rs.crores)
IV --  FINANCIAL  DATA					2017-18 2nd Qtr								PAGE:10
					Current Year 2017-18				PREVIOUS YEAR 2016-17				% Change
					Quarterly		Cumulative		Quarterly		Cumulative		Quarterly	Cummulative
A	Revnue:
	1	Sale of Electricity			2291.72		5208.26		2841.81		5714.90		-19.36	-8.87
	2	Government Subsidy			0.00		0.00		0.00		0.00		#DIV/0!	#DIV/0!
	3	Other Income			23.33		47.45		20.84		43.79		11.96	8.36
	4	Total Revenue			2315.05		5255.71		2862.65		5758.69		-19.13	-8.73
B	EXPENSES:
	Operating Expenses:
	1	Power Purchase Costs			2778.26		5619.64		2542.96		5136.28		9.25	9.41
	2	Fixed							0.00		0.00
	3	Variable							0.00		0.00
	4	Fuel Expense							0.00		0.00
	5	Employee cost			165.25		323.74		95.72		242.85		72.63	33.30
	6	Repairs and Maintenance			33.41		63.51		25.82		56.28		29.42	12.86
	7	Administrative and General Expenses			34.20		65.94		25.79		53.01		32.59	24.38
	8	Other Operating Costs			5.23		7.45		86.97		90.54		-93.99	-91.77
	9	Depreciation			176.05		346.08		145.30		300.22		21.16	15.27
	10	Interest			7.66		13.21		12.97		23.34		-40.90	-43.38
	11	Other Expenses (including capitalisation)			-71.27		-61.99		-58.51		-93.26		21.82	-33.53
	12	Taxes, if any							0.00		0.00		#DIV/0!	#DIV/0!
	13	Total expenses			3128.78		6377.57		2877.02		5809.26		8.75	9.78
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.