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Particulars mtb
2019 2020 2021 2020 2021
( million)
Company Adjusted PAT (1) 366.08 604.80 42.22 | _ (137.65) | __ (146.71)
Total Equity (11) 2,283.34 2,863.02 | 2,829.36 | 2,777.10 | _ 2,639.00
Company Adjusted Return on Equity (III) = (1/11) 16.03% 21.12% 1.49% (4.96)% (5.56)%

 

 

 

 

 

 

 

 

PRINCIPAL COMPONENTS OF INCOME AND EXPENDITURE

Set forth below are the principal components of income and expenditure from our continuing operations:
Total Income

Our total income comprises (i) revenue from operations; and (ii) other income.

Revenue from Operations

Revenue from operations comprises (i) sale of products (retail sales net of discounts and gift vouchers provided
during the year); and (ii) other operating revenue including scrap sales and export incentives.

Other Income

Other income includes (i) income on financial assets (interest on bank deposits, interest on security deposits
measured at amortised cost, investment in mutual funds and interest on income tax refund); (ii) net gain on foreign
exchange transactions and translation; (iii) gain on sale of property, plant and equipment; (iv) gain arising from
rent concession / early termination of lease agreements; and (v) miscellaneous income.

Expenses

Our expenses comprise (i) cost of materials consumed; (ii) purchases of stock-in-trade; (iii) changes in inventories
of finished goods and work-in-progress; (iv) subcontracting charges; (v) employee benefit expense; (vi) finance
costs; (vii) depreciation and amortisation expenses; and (viii) other expenses.

Cost of Materials Consumed

Cost of materials consumed comprise opening stock of raw materials, purchases and an adjustment for closing
stock of raw materials. Cost of materials consumed is primarily towards fabric, accessories, packing materials and
yarn.

Purchases of Stock-in-Trade

Purchases of stock-in-trade comprises garments.

Changes in Inventories of Finished Goods and Work-in-Progress

Changes in inventories of finished goods and work-in-progress comprise changes in our (i) inventories of work-
in-progress; and (ii) finished goods and stock in trade; calculated based on the opening stock of work-in-progress
and finished goods and stock-in-trade, adjusted for closing stock of work in progress and finished goods & stockin-
trade.

Subcontracting Charges

Subcontracting charges comprise sub-contracting and sample making charges.

Employee Benefit Expense

313
