UNITED BREWERIES LTD.

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )
INCOME :
Sales Turnover	14139.82	12430.62	10229.8	9641.43	8240.01
Other Income	32.01	13.13	51.71	86.4	37.65
Stock Adjustments	74.42	-22.14	20.32	11	15.67
Total Income	14246.25	12421.61	10301.83	9738.83	8293.33
EXPENDITURE :
Raw Materials	1229.8	1067.43	843.84	771.23	738.01
Excise Duty	7664.39	6811.6	5500.61	4808.29	3551.9
Power and Fuel Cost	189.75	153.02	140.76	162.89	147.61
Other Manufacturing Expenses	2099.2	1745.06	1523.78	1556.05	1300.78
Employee Cost	448.43	399.22	356.28	338.6	300.97
Selling and Administration Expenses	1221.99	1106.51	1051.87	1044.33	1466.84
Miscellaneous Expenses	222.32	223.65	190.86	278.09	127.85
Less: Preoperative Expenditure Capitalised	0	0	0	0	0
Profit before Interest, Depreciation and Tax	1170.37	915.12	693.83	779.35	659.37
Interest and Financial Charges	31.2	47.65	58.65	81.07	72.83
Profit before Depreciation and Tax	1139.17	867.47	635.18	698.28	586.54
Depreciation	259.86	259.65	287.05	243.63	207.54
Minority Interest before PAT	0	0	0	0	0
Profit Before Tax	879.31	607.82	348.13	454.65	379
Tax	316	213.19	118.21	155.98	118.78
Profit After Tax	563.31	394.63	229.92	298.67	260.22
Minority Interest after PAT	0.37	0.43	0.35	0.37	0.38
Profit/Loss of Associate Company	0	0	0	0	0
Profit after Minority Interest and P/L of Assoc. Co.	562.94	394.2	229.57	298.3	259.84
Adjustment below Net Profit	-18.31	-9.28	-8.77	-9.75	-7.25
P and L Balance brought forward	1473.52	1158.91	991.95	759.89	608.13
Appropriations	109.41	70.31	53.84	56.49	135.32
P and L Bal. carried down	1908.74	1473.52	1158.91	991.95	725.4
Equity Dividend	52.88	30.41	30.41	26.53	26.44
Preference Dividend	0	0	0	0	2.22
Corporate Dividend Tax	0	0	0	0	5.87
Equity Dividend (%)	250	200	115	115	100
Earning Per Share (Rs.)	21.29	14.91	8.68	11.28	9.52
Book Value	120.41	101.75	88.28	81.21	69.99
Extraordinary Items	0.18	-0.36	-0.04	23.96	-0.27

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

INCOME :

Sales Turnover

14139.82

12430.62

10229.8

9641.43

8240.01

Other Income

32.01

13.13

51.71

86.4

37.65

Stock Adjustments

74.42

-22.14

20.32

15.67

Total Income

14246.25

12421.61

10301.83

9738.83

8293.33

EXPENDITURE :

Raw Materials

1229.8

1067.43

843.84

771.23

738.01

Excise Duty

7664.39

6811.6

5500.61

4808.29

3551.9

Power and Fuel Cost

189.75

153.02

140.76

162.89

147.61

Other Manufacturing Expenses

2099.2

1745.06

1523.78

1556.05

1300.78

Employee Cost

448.43

399.22

356.28

338.6

300.97

Selling and Administration Expenses

1221.99

1106.51

1051.87

1044.33

1466.84

Miscellaneous Expenses

222.32

223.65

190.86

278.09

127.85

Less: Preoperative Expenditure Capitalised

Profit before Interest, Depreciation and Tax

1170.37

915.12

693.83

779.35

659.37

Interest and Financial Charges

31.2

47.65

58.65

81.07

72.83

Profit before Depreciation and Tax

1139.17

867.47

635.18

698.28

586.54

Depreciation

259.86

259.65

287.05

243.63

207.54

Minority Interest before PAT

Profit Before Tax

879.31

607.82

348.13

454.65

379

Tax

316

213.19

118.21

155.98

118.78

Profit After Tax

563.31

394.63

229.92

298.67

260.22

Minority Interest after PAT

0.37

0.43

0.35

0.37

0.38

Profit/Loss of Associate Company

Profit after Minority Interest and P/L of Assoc. Co.

562.94

394.2

229.57

298.3

259.84

Adjustment below Net Profit

-18.31

-9.28

-8.77

-9.75

-7.25

P and L Balance brought forward

1473.52

1158.91

991.95

759.89

608.13

Appropriations

109.41

70.31

53.84

56.49

135.32

P and L Bal. carried down

1908.74

1473.52

1158.91

991.95

725.4

Equity Dividend

52.88

30.41

26.53

26.44

Preference Dividend

2.22

Corporate Dividend Tax

5.87

Equity Dividend (%)

250

200

115

100

Earning Per Share (Rs.)

21.29

14.91

8.68

11.28

9.52

Book Value

120.41

101.75

88.28

81.21

69.99

Extraordinary Items

0.18

-0.36

-0.04

23.96

-0.27

	2019 ( ₹ in Cr. )	2018 ( ₹ in Cr. )	2017 ( ₹ in Cr. )	2016 ( ₹ in Cr. )	2015 ( ₹ in Cr. )
SOURCES OF FUNDS :
Share Capital	26.44	26.44	26.44	26.44	26.44
Reserves and Surplus	3157.33	2663.82	2307.77	2120.68	1824.17
Total Shareholders Funds	3183.77	2690.26	2334.21	2147.12	1850.61
Secured Loans	211.49	312.06	494.02	716.23	644.76
Unsecured Loans	11.18	10	107.73	98.47	196.77
Total Debt	222.67	322.06	601.75	814.7	841.53
Minority Interest	3.04	2.94	2.78	2.53	2.17
Total Liabilities	3409.48	3015.26	2938.74	2964.35	2694.31
APPLICATION OF FUNDS :
Gross Block	4104.52	3897.22	3680.39	3472.36	3249.57
Less: Accum. Depreciation	2327.38	2167.41	1930.03	1650.11	1413.75
Net Block	1777.14	1729.81	1750.36	1822.25	1835.82
Capital Work in Progress	189.92	72.27	137.18	60.84	90.16
Investments	0.27	0.16	0.09	0.06	0.06
Current Assets, Loans and Advances
Inventories	1032.46	808	750.84	688.05	559.1
Sundry Debtors	1510.99	1498.57	1295.4	1118.86	964.34
Cash and Bank Balance	46.17	24.24	24.29	14.03	13.12
Loans and Advances	874.62	641.46	554.36	696.61	454.38
Less: Current Liab. and Prov.
Current Liabilities	1941.12	1678.58	1494.76	1357.24	1102.46
Provisions	80.97	80.67	79.02	79.11	120.21
Net Current Assets	1442.15	1213.02	1051.11	1081.2	768.27
Miscellaneous Expenses not w/o	0	0	0	0	0
Total Assets	3409.48	3015.26	2938.74	2964.35	2694.31
Contingent Liabilities	1074.97	869.43	780.91	736.96	530.59

2019 ( ₹ in Cr. )

2018 ( ₹ in Cr. )

2017 ( ₹ in Cr. )

2016 ( ₹ in Cr. )

2015 ( ₹ in Cr. )

SOURCES OF FUNDS :

Share Capital

26.44

Reserves and Surplus

3157.33

2663.82

2307.77

2120.68

1824.17

Total Shareholders Funds

3183.77

2690.26

2334.21

2147.12

1850.61

Secured Loans

211.49

312.06

494.02

716.23

644.76

Unsecured Loans

11.18

107.73

98.47

196.77

Total Debt

222.67

322.06

601.75

814.7

841.53

Minority Interest

3.04

2.94

2.78

2.53

2.17

Total Liabilities

3409.48

3015.26

2938.74

2964.35

2694.31

APPLICATION OF FUNDS :

Gross Block

4104.52

3897.22

3680.39

3472.36

3249.57

Less: Accum. Depreciation

2327.38

2167.41

1930.03

1650.11

1413.75

Net Block

1777.14

1729.81

1750.36

1822.25

1835.82

Capital Work in Progress

189.92

72.27

137.18

60.84

90.16

Investments

0.27

0.16

0.09

0.06

Current Assets, Loans and Advances

Inventories

1032.46

808

750.84

688.05

559.1

Sundry Debtors

1510.99

1498.57

1295.4

1118.86

964.34

Cash and Bank Balance

46.17

24.24

24.29

14.03

13.12

Loans and Advances

874.62

641.46

554.36

696.61

454.38

Less: Current Liab. and Prov.

Current Liabilities

1941.12

1678.58

1494.76

1357.24

1102.46

Provisions

80.97

80.67

79.02

79.11

120.21

Net Current Assets

1442.15

1213.02

1051.11

1081.2

768.27

Miscellaneous Expenses not w/o

Total Assets

3409.48

3015.26

2938.74

2964.35

2694.31

Contingent Liabilities

1074.97

869.43

780.91

736.96

530.59