Clariant - Financial Highlights

Colour-Chem Limited

		31/03/2005	31/03/2004	31/03/2003	31/03/2002	31/03/2001	31/03/2000



(Rs. Million)
Sources of Funds
Shareholder's Funds
Equity Share Capital		116.50	116.50	116.50	116.50	116.50	116.50
Reserves & Surplus		1605.74	1529.58	1272.73	1200.64	1303.88	1268.45
	(A)	1722.24	1646.08	1389.23	1317.14	1420.38	1384.95

Loan Funds
Secured Loans		189.43	55.69	33.68	160.11	107.02	46.74
Unsecured Loans		150.00	54.75	202.71	313.87	512.22	506.54
	(B)	339.43	110.44	236.39	473.98	619.24	553.27

Capital Employed (A) + (B)		2061.67	1756.52	1625.62	1791.12	2039.62	1938.22

Application of Funds
Fixed Assets

Gross Block		2064.70	1888.02	1944.87	1911.08	1876.03	1783.73
Less: Depreciation		1268.35	1196.34	1169.09	1067.38	977.71	882.03
Net Block		796.35	691.68	775.78	843.70	898.32	901.70
Capital work-in-progress		40.88	46.01	28.96	19.20	36.65	59.96
	(a)	837.23	737.69	804.74	862.90	934.97	961.66
Investments	(b)	464.53	204.53	85.00	85.00	87.43	187.76


Current assets, loans & advances
Inventories		538.55	491.15	532.42	534.90	573.49	560.89
Sundry debtors		699.18	739.97	765.85	851.16	684.61	616.95
Cash and bank balances		36.78	18.01	48.40	9.81	26.36	25.85
Other current assets						42.49	29.49
Loans and advances		617.06	667.94	343.26	240.97	226.60	222.95
		1891.57	1917.07	1689.93	1636.84	1553.55	1456.13

Less :
Current liabilities & provisions
Liabilities		944.01	1045.57	721.82	577.19	467.95	567.27
Provisions		204.02	129.95	124.80	77.54	68.38	100.06
		1148.03	1175.52	846.62	654.73	536.33	667.33

Net Current Assets	(c)	743.54	741.55	843.31	982.11	1017.22	788.80
Deferred Tax Asset/ (Liabilities) - Net	(d)	16.37	72.75	-107.43	-138.89
Total (a)+(b)+(c)+(d)		2061.67	1756.52	1626.55	1791.12	2039.62	1938.22


Profit & Loss Account


(Rs. Million)

		31/03/2005	31/03/2004	31/03/2003	31/03/2002	31/03/2001	31/03/2000

Gross Sales		4036.10	4083.39	3821.70	3310.06	3301.88	3,143.85
TMA Conv. Charges		73.83	99.27	114.70	111.50	139.45	132.69
Turnover		4109.93	4182.66	3936.40	3421.56	3441.33	3,276.54
Excise Duty		380.01	336.62	328.91	319.96	310.07	326.00
Net Sales		3729.92	3846.04	3607.49	3101.60	3131.26	2950.54
Other Income (excluding exceptional items)		214.68	174.93	164.24	139.42	170.34	188.78
PBDIT & Prior Period Items		502.77	408.21	384.36	333.93	303.87	477.04
Depreciation		114.68	130.52	129.04	131.46	122.04	120.25
Interest		30.23	28.17	40.62	60.90	67.05	75.29
Exceptional Items :
Payment for VRS		37.28	504.83	-	-	-	-
Profit on Sale of Land at Thane		--	485.62	-	-	-	-
Remission of deferred sales tax/central sales tax		27.77	60.47	-	-	-	-
Reimbursement of Remnant cost		0.00	126.32	-	-	-	-
Profit before prior period items & Taxation		357.86	249.52	214.70	141.57	114.78	281.50
Tax - Current & Deferred		136.99	-86.19	65.04	51.02	25.00	70.00
Profit before prior period items		220.87	335.71	149.66	90.55	89.78	211.50
Prior Period Items		65.00	0.00	0.00	0.00	0.00	0.00
Profit after Tax		155.87	335.71	149.66	90.55	89.78	211.50