PASCHIM GUJARAT VIJ COMPANY LIMITED--RAJKOT      3rd Quarter        ( Rs.crores)
																Sale of Power to GUVNL		552.19	833.99
IV --  FINANCIAL  DATA					2012-13 3rd Qtr								PAGE:10			Sale of Power		4034.32	6004.75
																U I Income		64.84	72.68
					Curreent Year 2012-13 Provisional				Previous Year 2011-12				% Change					4651.34	6911.41	2260.07
					Quarterly		Cumulative		Quarterly		Cumulative		Quarterly	Cummulative		Revenue Subsidies & Grants		203.47	305.21	101.74
A	Revnue:															Other Income		119.79	184.22	64.43
	1	Sale of Electricity			2260.07		6911.41		1804.59		5450.13		25.24	26.81
	2	Government Subsidy			101.74		305.21		0.00		0.00		0.00	0.00		Purchase of Power from Others			41.20
	3	Other Income			64.43		184.22		51.59		122.68		24.89	50.16		U I Expenditure			68.11
	4	Total Revenue			2426.24		7400.84		1856.18		5572.81		30.71	32.80		Purchase of Power from GUVNL			7053.24
B	EXPENSES:																		7162.55
	Operating Expenses:
	1	Power Purchase Costs			2634.68		7162.55		2411.20		5887.38		9.27	21.66		Purchase of Power from Others			7162.55	2634.68
	2	Fixed			0.00		0.00		0.00		0.00					Purchase of Power from GUVNL
	3	Variable			0.00		0.00		0.00		0.00					Fuel Expenses				0.00
	4	Fuel Expense			0.00		0.00		0.00		0.00					Repairs & Maintenance			56.61	17.09
	5	Employee cost			135.14		378.00		109.70		318.95		23.19	18.51		Payments to and Provisions for Employees			378.00	135.14
	6	Repairs and Maintenance			17.09		56.61		23.48		65.36		-27.21	-13.39		Interest and Finance Charges			109.31	36.44
	7	Administrative and General Expenses			23.59		73.08		21.36		62.54		10.44	16.85		Administration and Other Expenses			73.08	23.59
	8	Other Operating Costs			20.82		65.41		0.00		12.42					Depreciation			224.88	68.81
	9	Depreciation			68.81		224.88		62.83		190.72		9.52	17.91		Other Operating Costs			65.41	20.82
	10	Interest			36.44		109.31		34.39		103.18		5.96	5.94
	11	Other Expenses (including capitalisation)			0.00		0.00		0.00		0.00		0.00	0.00
	12	Taxes, if any			0.00		0.00		0.00		0.00		0.00	0.00		Power Purchase Costs			4527.87
	13	Total expenses			2936.57		8069.84		2662.96		6640.55		10.27	21.52		Fixed			0.00
C		Surplus (deficit) excluding rate of return														Variable			0.00
D		Calculation of Return														Fuel Expense			0.00
ASSUMPTIONS:																Employee cost			242.86
1	Quarterly results are provisional  as the same are not audited.															Repairs and Maintenance			39.52
2	Subsidies are usually received at the year end, hence they have not been considered in the quarterly results															Administrative and General Expenses			49.49
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.															Other Operating Costs			44.59
4	Interest on Borrowings is given by GUVNL at the year end, hence the same has not been considered in quarterly results															Depreciation			156.07
5	The expenses are capitalized at the year end, hence they have not been considered in quarterly results.															Interest			72.87
																Other Expenses (including capitalisation)			0.00