supporting documents for financial report analysis

Consolidated Profit & Loss A/COf

Particulars Notes For the year ended 31.12.2006

Income Sales & Services 17,536.81 Less: Excise Duty (246.42) Net Sales 17,290.39 Other Income 189.79 Hedging/derivative Income 0.00 Total Income 17,480.18 Expenditure Material consumed & Purchase of goods 7,291.32 Increase/Decrease in Inventories (612.83) Operating & other Expenses 6,609.25 Total Expenditure 13,287.74 PBDIT 4,192.44

(620.61) Impairment loses 0.00 PBIT 3,571.83

(26.39) Exchange Fluctuation, net 0.00 FCCB Premium 0.00 PBT and Exceptional Items 3,545.44

(603.72)PBT After Exceptional Items 2,941.72

(435.13) Minimum alterment tax credit entitlement 199.16 Deferred Tax (260.49) Fringe Benefit Tax (32.76)Net Profit After Tax 2,412.50

0.00 Net Profit After Tax for the year 2,412.50 Balance brought from previous year 674.95 Transfer from General reserve 0.00 Profit available for Appropriation (*) 3,087.45 Appropriations: Proposed dividend on Equity Shares 0.00 Tax on Proposed dividend 0.00

Wockhardt Limited (Rs in Millions)

Less: Depreciation/Amortisation

Less: Financial Expenses, net

Less: Exceptional Items

Less: Current Tax

Add: Share in profit of Associate Companies

Interim dividend on Equity Shares 547.18 Tax on Interim dividend 76.74 Transfer to General Reserve 1,500.00 Surplus Carried to Balancesheet 963.53

(*) 3,087.45 Earnings Per Share:(in Rs) Basic 22.05 Dilluted 22.04 Nominal value of shares Rs 5 (Previous year Rs 5) 5.00


For the year ended For the year ended For the year ended For the year ended31.12.2007 31.12.2008 31.03.2010 31.03.2011

25,060.46 35,983.62 45,059.00 37,552.22 (152.31) (85.83) (44.78) (39.83)

24,908.15 35,897.79 45,014.22 37,512.39 460.01 355.85 295.24 159.03

1,623.39 0.00 0.00 0.00 26,991.55 36,253.64 45,309.46 37,671.42

11,359.34 13,900.91 19,409.79 14,544.72 (1,431.82) (297.36) 315.58 617.50 10,213.85 14,438.99 17,057.42 13,262.91 20,141.37 28,042.54 36,782.79 28,425.13

6,850.18 8,211.10 8,526.67 9,246.29 (784.84) (1,078.33) (1,481.39) (1,166.18)

0.00 (52.14) 0.00 0.00 6,065.34 7,080.63 7,045.28 8,080.11

(1,638.13) (2,590.70) (3,424.83) (2,671.05)314.27 105.29 (259.30) 1,366.57

0.00 (1,294.91) (268.30) 0.00 4,741.48 3,300.31 3,092.85 6,775.63

0.00 (5,809.91) (12,949.21) (5,732.14)4,741.48 (2,509.60) (9,856.36) 1,043.49 (526.50) (237.30) (277.81) (338.38)

0.00 0.00 0.00 0.00 (354.01) 1,192.08 119.88 251.91

(36.07) (38.56) (8.74) 0.00 3,824.90 (1,593.38) (10,023.03) 957.02

33.24 204.80 16.40 (51.83)3,858.14 (1,388.58) (10,006.63) 905.19

963.53 2,881.28 1,492.70 (57.40)0.00 0.00 0.00 83.69

4,821.67 1,492.70 (8,513.93) 931.48

273.59 0.00 0.00 0.00 46.50 0.00 0.00 0.00


957.56 0.00 0.00 0.00 162.74 0.00 0.00 0.00 500.00 0.00 (8,456.53) 0.00

2,881.28 1,492.70 (57.40) 931.48 4,821.67 1,492.70 (8,513.93) 931.48

35.25 (12.69) (91.44) 8.27 35.25 (12.69) (91.44) 8.27

5.00 5.00 5.00 5.00

Common Size Analysis of P/L A/C of Wockhardt Ltd for past five years

For the year ended For the year ended For the year ended 31.12.2006 31.12.2007 31.12.2008

% in terms of Net Sales % in terms of Net Sales % in terms of Net Sales

100.00% 100.00% 100.00%1.10% 1.85% 0.99%0.00% 6.52% 0.00%

101.10% 108.36% 100.99%

42.17% 45.60% 38.72%-3.54% -5.75% -0.83%38.22% 41.01% 40.22%76.85% 80.86% 78.12%24.25% 27.50% 22.87%-3.59% -3.15% -3.00%0.00% 0.00% -0.15%

20.66% 24.35% 19.72%-0.15% -6.58% -7.22%0.00% 1.26% 0.29%0.00% 0.00% -3.61%

20.51% 19.04% 9.19%-3.49% 0.00% -16.18%17.01% 19.04% -6.99%-2.52% -2.11% -0.66%1.15% 0.00% 0.00%

-1.51% -1.42% 3.32%-0.19% -0.14% -0.11%13.95% 15.36% -4.44%

0.00% 0.13% 0.57%13.95% 15.49% -3.87%

3.90% 3.87% 8.03%0.00% 0.00% 0.00%

17.86% 19.36% 4.16%

0.00% 1.10% 0.00%0.00% 0.19% 0.00%

3.16% 3.84% 0.00%0.44% 0.65% 0.00%8.68% 2.01% 0.00%5.57% 11.57% 4.16%

17.86% 19.36% 4.16%

0.13% 0.14% -0.04%0.13% 0.14% -0.04%0.03% 0.02% 0.01%

Common Size Analysis of P/L A/C of Wockhardt Ltd for past five years

For the year ended For the year ended31.03.2010 31.03.2011

% in terms of Net Sales % in terms of Net Sales

100.00% 100.00%0.66% 0.42%0.00% 0.00%

100.66% 100.42%

43.12% 38.77%0.70% 1.65%

37.89% 35.36%81.71% 75.78%18.94% 24.65%-3.29% -3.11%0.00% 0.00%

15.65% 21.54%-7.61% -7.12%-0.58% 3.64%-0.60% 0.00%6.87% 18.06%

-28.77% -15.28%-21.90% 2.78%

-0.62% -0.90%0.00% 0.00%0.27% 0.67%

-0.02% 0.00%-22.27% 2.55%

0.04% -0.14%-22.23% 2.41%

3.32% -0.15%0.00% 0.22%

-18.91% 2.48%

0.00% 0.00%0.00% 0.00%

0.00% 0.00%0.00% 0.00%

-18.79% 0.00%-0.13% 2.48%

-18.91% 2.48%

-0.20% 0.02%-0.20% 0.02%0.01% 0.01%

Consolidated Balancesheet Of

Particulars For the year ended 31.12.2006

SOURCE OF FUNDShareholder's Funds :Share Capital 547.18 Reserves & Surplus 10,115.70 Net Worth 10,662.88 Loan Funds:Secured Loans 14,750.74 Unsecured Loans 4,952.00 Total Debt 19,702.74 Deferred Tax Liability, net 921.06 Total Liabilities 31,286.68

APPLICATION OF FUNDFixed Assets:Gross Block 18,531.30

(4,549.49) Impairment provision 0.00 Net Block 13,981.81 Capital Work-in-Progress, including capital advances 3,085.91 Investments 3.14 Deferred Tax Assets , net 0.00 Inventories 4,299.96 Sundry Debtors 4,615.65 Cash And Bank 9,731.78 Loans And Advances to subsidiaries 0.00 Other Loans and Advances 1,376.73 Total Current Assets [A] 20,024.12 Less: Current Liabilities & Provision Current Liabilities 4,975.44 Provisions 832.86 Total Current Liabilities [B] 5,808.30 Net Current Assets [A-B] 14,215.82 Misc. Expenses 0.00 Profit & Loss A/C, net 0.00 Foreign Currency Translation Reserve 0.00

Wockhardt Limited (Rs. In Million)

Less: Acc. Depreciation

Total Assets 31,286.68



547.18 547.18 7,232.97 7,999.35 12,188.43 11,068.97 399.48 399.48 12,735.61 11,616.15 7,632.45 8,398.83

23,440.18 31,608.59 15,343.29 14,285.69 5,559.56 10,742.62 4,638.07 4,685.44

28,999.74 42,351.21 19,981.36 18,971.13 920.95 0.00 0.00 0.00

42,656.30 53,967.36 27,613.81 27,369.96

34,095.85 39,895.62 10,318.22 11,381.65 (8,602.75) (9,881.75) (3,166.01) (3,757.22)

0.00 (52.14) 0.00 0.00 25,493.10 29,961.73 7,152.21 7,624.43

5,219.59 6,335.02 4,628.83 7,805.59 709.44 931.94 3,156.44 3,079.54

0.00 415.15 0.00 0.00 7,687.42 8,297.53 3,059.72 3,050.75 6,700.65 8,534.23 4,635.91 3,117.40 3,801.78 6,499.14 989.52 1,616.75

0.00 0.00 2,155.41 1,292.55 1,918.91 6,306.00 4,260.58 2,409.02

20,108.76 29,636.90 15,101.14 11,486.47

8,264.61 8,564.09 3,912.34 3,936.52 609.98 6,188.16 628.61 373.55

8,874.59 14,752.25 4,540.95 4,310.07 11,234.17 14,884.65 10,560.19 7,176.40

0.00 0.00 0.00 0.00 0.00 0.00 2,116.14 1,684.00 0.00 1,438.87 0.00 0.00


42,656.30 53,967.36 27,613.81 27,369.96

Common Size Analysis of Balance Sheet of Wockhardt Ltd for past five years

For the year ended For the year ended For the year ended For the year ended 31.12.2006 31.12.2007 31.12.2008 31.03.2010

% in terms of % in terms of % in terms of % in terms of Assets(or liability) Assets(or liability) Assets(or liability) Assets(or liability)

1.75% 1.28% 1.01% 26.19%32.33% 28.57% 20.51% 1.45%34.08% 29.86% 21.52% 27.64%

0.00% 0.00% 0.00% 0.00%47.15% 54.95% 58.57% 55.56%15.83% 13.03% 19.91% 16.80%62.97% 67.98% 78.48% 72.36%2.94% 2.16% 0.00% 0.00%

100.00% 100.00% 100.00% 100.00%

59.23% 79.93% 73.93% 37.37%-14.54% -20.17% -18.31% -11.47%

0.00% 0.00% -0.10% 0.00%44.69% 59.76% 55.52% 25.90%9.86% 12.24% 11.74% 16.76%0.01% 1.66% 1.73% 11.43%0.00% 0.00% 0.77% 0.00%

13.74% 18.02% 15.38% 11.08%14.75% 15.71% 15.81% 16.79%31.11% 8.91% 12.04% 3.58%0.00% 0.00% 0.00% 7.81%4.40% 4.50% 11.68% 15.43%

64.00% 47.14% 54.92% 54.69%

15.90% 19.37% 15.87% 14.17%2.66% 1.43% 11.47% 2.28%

18.56% 20.80% 27.34% 16.44%45.44% 26.34% 27.58% 38.24%

0.00% 0.00% 0.00% 0.00%0.00% 0.00% 0.00% 7.66%0.00% 0.00% 2.67% 0.00%

100.00% 100.00% 100.00% 100.00%

Common Size Analysis of Balance Sheet of Wockhardt Ltd for past five years

For the year ended31.03.2011

% in terms of Assets(or liability)

29.23%1.46%

30.69%0.00%

52.19%17.12%69.31%0.00%

100.00%

41.58%-13.73%

0.00%27.86%28.52%11.25%0.00%

11.15%11.39%5.91%4.72%8.80%

41.97%

14.38%1.36%

15.75%26.22%

0.00%6.15%0.00%

100.00%








0.00 Net Profit After Tax for the year 2,412.50 Balance brought from previous year 674.95 Transfer from General reserve 0.00 Profit available for Appropriation (*) 3,087.45 Appropriations: Proposed dividend on Equity Shares 0.00 Tax on Proposed dividend 0.00





Less: Current Tax


Interim dividend on Equity Shares 547.18 Tax on Interim dividend 76.74 Transfer to General Reserve 1,500.00 Surplus Carried to Balancesheet 963.53




25,060.46 35,983.62 45,059.00 37,552.22 (152.31) (85.83) (44.78) (39.83)

24,908.15 35,897.79 45,014.22 37,512.39 460.01 355.85 295.24 159.03

1,623.39 0.00 0.00 0.00 26,991.55 36,253.64 45,309.46 37,671.42

11,359.34 13,900.91 19,409.79 14,544.72 (1,431.82) (297.36) 315.58 617.50 10,213.85 14,438.99 17,057.42 13,262.91 20,141.37 28,042.54 36,782.79 28,425.13

6,850.18 8,211.10 8,526.67 9,246.29 (784.84) (1,078.33) (1,481.39) (1,166.18)

0.00 (52.14) 0.00 0.00 6,065.34 7,080.63 7,045.28 8,080.11

(1,638.13) (2,590.70) (3,424.83) (2,671.05)314.27 105.29 (259.30) 1,366.57

0.00 (1,294.91) (268.30) 0.00 4,741.48 3,300.31 3,092.85 6,775.63

0.00 (5,809.91) (12,949.21) (5,732.14)4,741.48 (2,509.60) (9,856.36) 1,043.49 (526.50) (237.30) (277.81) (338.38)

0.00 0.00 0.00 0.00 (354.01) 1,192.08 119.88 251.91

(36.07) (38.56) (8.74) 0.00 3,824.90 (1,593.38) (10,023.03) 957.02

33.24 204.80 16.40 (51.83)3,858.14 (1,388.58) (10,006.63) 905.19

963.53 2,881.28 1,492.70 (57.40)0.00 0.00 0.00 83.69

4,821.67 1,492.70 (8,513.93) 931.48

273.59 0.00 0.00 0.00 46.50 0.00 0.00 0.00


957.56 0.00 0.00 0.00 162.74 0.00 0.00 0.00 500.00 0.00 (8,456.53) 0.00

2,881.28 1,492.70 (57.40) 931.48 4,821.67 1,492.70 (8,513.93) 931.48

35.25 (12.69) (91.44) 8.27 35.25 (12.69) (91.44) 8.27

5.00 5.00 5.00 5.00

Comparative Analysis of P/L A/c of Wockhardt Ltd for the past five years

For the year 2006 & 2007 For the year 2007 & 2008 For the year 2008 & 2010Absolute change % change Absolute change % change Absolute change (Rs. In Million) (+)/(-) (Rs. In Million) (+)/(-) (Rs. In Million)

7,523.65 42.90% 10,923.16 43.59% 9,075.38 94.11 -38.19% 66.48 -43.65% 41.05

7,617.76 44.06% 10,989.64 44.12% 9,116.43 270.22 142.38% (104.16) -22.64% (60.61)

1,623.39 #DIV/0! (1,623.39) -100.00% 0.00 9,511.37 54.41% 9,262.09 34.31% 9,055.82

4,068.02 55.79% 2,541.57 22.37% 5,508.88 (818.99) 133.64% 1,134.46 -79.23% 612.94

3,604.60 54.54% 4,225.14 41.37% 2,618.43 6,853.63 51.58% 7,901.17 39.23% 8,740.25 2,657.74 63.39% 1,360.92 19.87% 315.57 (164.23) 26.46% (293.49) 37.39% (403.06)

0.00 0.00% (52.14) #DIV/0! 52.14 2,493.51 69.81% 1,015.29 16.74% (35.35)

(1,611.74) 6107.39% (952.57) 58.15% (834.13)314.27 #DIV/0! (208.98) -66.50% (364.59)

0.00 #DIV/0! (1,294.91) #DIV/0! 1,026.61 1,196.04 33.73% (1,441.17) -30.39% (207.46)

603.72 -100.00% (5,809.91) #DIV/0! (7,139.30)1,799.76 61.18% (7,251.08) -152.93% (7,346.76)

(91.37) 21.00% 289.20 -54.93% (40.51)(199.16) -100.00% 0.00 0.00% 0.00

(93.52) 35.90% 1,546.09 -436.74% (1,072.20)(3.31) 10.10% (2.49) 6.90% 29.82

1,412.40 58.55% (5,418.28) -141.66% (8,429.65)33.24 #DIV/0! 171.56 516.13% (188.40)

1,445.64 59.92% (5,246.72) -135.99% (8,618.05)288.58 42.76% 1,917.75 199.03% (1,388.58)

0.00 0.00% 0.00 0.00% 0.00 1,734.22 56.17% (3,328.97) -69.04% (10,006.63)

273.59 #DIV/0! (273.59) -100.00% 0.00 46.50 #DIV/0! (46.50) -100.00% 0.00

J13

Satyendra Upreti: Error due to base zero.

L22

Satyendra Upreti: error due to base zero

J25


J26


L26


L28


J35


J41


J42


410.38 75.00% (957.56) -100.00% 0.00 86.00 112.07% (162.74) -100.00% 0.00

(1,000.00) -66.67% (500.00) -100.00% (8,456.53)1,917.75 199.03% (1,388.58) -48.19% (1,550.10)1,734.22 56.17% (3,328.97) -69.04% (10,006.63)

13.20 59.86% (47.94) -136.00% (78.75)13.21 59.94% (47.94) -136.00% (78.75)

0.00 0.00% 0.00 0.00% 0.00

Comparative Analysis of P/L A/c of Wockhardt Ltd for the past five years

For the year 2008 & 2010 For the year 2010 & 2011% change Absolute change % change

(+)/(-) (Rs. In Million) (+)/(-)25.22% (7,506.78) -16.66%

-47.83% 4.95 -11.05%25.40% (7,501.83) -16.67%-17.03% (136.21) -46.14%

0.00% 0.00 0.00%24.98% (7,638.04) -16.86%

39.63% (4,865.07) -25.07%-206.13% 301.92 95.67%

18.13% (3,794.51) -22.25%31.17% (8,357.66) -22.72%3.84% 719.62 8.44%

37.38% 315.21 -21.28%-100.00% 0.00 0.00%

-0.50% 1,034.83 14.69%32.20% 753.78 -22.01%

-346.27% 1,625.87 -627.02%-79.28% 268.30 -100.00%-6.29% 3,682.78 119.07%

122.88% 7,217.07 -55.73%292.75% 10,899.85 -110.59%

17.07% (60.57) 21.80%0.00% 0.00 0.00%

-89.94% 132.03 110.14%-77.33% 8.74 -100.00%

529.04% 10,980.05 -109.55%-91.99% (68.23) -416.04%

620.64% 10,911.82 -109.05%-48.19% (1,550.10) -103.85%

0.00% 83.69 #DIV/0!-670.37% 9,445.41 -110.94%

0.00%0.00% 0.00 0.00%0.00% 0.00 0.00%

P38


0.00% 0.00 0.00%0.00% 0.00 0.00%

#DIV/0! 8,456.53 -100.00%-103.85% 988.88 -1722.79%-670.37% 9,445.41 -110.94%

620.57% 99.71 -109.04%620.57% 99.71 -109.04%

0.00% 0.00 0.00%

N45






(4,549.49) Impairment provision 0.00 Net Block 13,981.81 Capital Work-in-Progress, including capital advances 3,085.91 Investments 3.14 Deferred Tax Assets , net 0.00 Inventories 4,299.96 Sundry Debtors 4,615.65 Cash And Bank 9,731.78 Loans And Advances to subsidiaries 0.00 Other Loans and Advances 1,376.73 Total Current Assets [A] 20,024.12 Less: Current Liabilities & Provision Current Liabilities 4,975.44 Provisions 832.86 Total Current Liabilities [B] 5,808.30 Net Current Assets [A-B] 14,215.82 Misc. Expenses 0.00 Profit & Loss A/C, net 0.00 Foreign Currency Translation Reserve 0.00 Total Assets 31,286.68





547.18 547.18 7,232.97 7,999.35 12,188.43 11,068.97 399.48 399.48 12,735.61 11,616.15 7,632.45 8,398.83

23,440.18 31,608.59 15,343.29 14,285.69 5,559.56 10,742.62 4,638.07 4,685.44

28,999.74 42,351.21 19,981.36 18,971.13 920.95 0.00 0.00 0.00

42,656.30 53,967.36 27,613.81 27,369.96

34,095.85 39,895.62 10,318.22 11,381.65 (8,602.75) (9,881.75) (3,166.01) (3,757.22)

0.00 (52.14) 0.00 0.00 25,493.10 29,961.73 7,152.21 7,624.43

5,219.59 6,335.02 4,628.83 7,805.59 709.44 931.94 3,156.44 3,079.54

0.00 415.15 0.00 0.00 7,687.42 8,297.53 3,059.72 3,050.75 6,700.65 8,534.23 4,635.91 3,117.40 3,801.78 6,499.14 989.52 1,616.75

0.00 0.00 2,155.41 1,292.55 1,918.91 6,306.00 4,260.58 2,409.02

20,108.76 29,636.90 15,101.14 11,486.47

8,264.61 8,564.09 3,912.34 3,936.52 609.98 6,188.16 628.61 373.55

8,874.59 14,752.25 4,540.95 4,310.07 11,234.17 14,884.65 10,560.19 7,176.40

0.00 0.00 0.00 0.00 0.00 0.00 2,116.14 1,684.00 0.00 1,438.87 0.00 0.00

42,656.30 53,967.36 27,613.81 27,369.96


Comparative Analysis of Balance Sheet of Wockhardt Ltd for the past five years

For the year 2006 & 2007 For the year 2007 & 2008 For the year 2008 & 2010Absolute change % change Absolute change % change Absolute change % change (Rs. In Million) (+)/(-) (Rs. In Million) (+)/(-) (Rs. In Million) (+)/(-)

0.00 0.00% 0.00 0.00% 6,685.79 1221.86%2,072.73 20.49% (1,119.46) -9.18% (10,669.49) -96.39%2,072.73 19.44% (1,119.46) -8.79% (3,983.70) -34.29%

8,689.44 58.91% 8,168.41 34.85% (16,265.30) -51.46%607.56 12.27% 5,183.06 93.23% (6,104.55) -56.83%

9,297.00 47.19% 13,351.47 46.04% (22,369.85) -52.82%(0.11) -0.01% (920.95) -100.00% 0.00 0.00%

11,369.62 36.34% 11,311.06 26.52% (26,353.55) -48.83%

15,564.55 83.99% 5,799.77 17.01% (29,577.40) -74.14%(4,053.26) 89.09% (1,279.00) 14.87% 6,715.74 -67.96%

0.00 0.00% (52.14) #DIV/0! 52.14 -100.00%11,511.29 82.33% 4,468.63 17.53% (22,809.52) -76.13%2,133.68 69.14% 1,115.43 21.37% (1,706.19) -26.93%

706.30 22493.63% 222.50 31.36% 2,224.50 238.70%0.00 0.00% 415.15 #DIV/0! (415.15) -100.00%

3,387.46 78.78% 610.11 7.94% (5,237.81) -63.12%2,085.00 45.17% 1,833.58 27.36% (3,898.32) -45.68%

(5,930.00) -60.93% 2,697.36 70.95% (5,509.62) -84.77%0.00 0.00% 0.00 0.00% 2,155.41 #DIV/0!

542.18 39.38% 4,387.09 228.62% (2,045.42) -32.44%84.64 0.42% 9,528.14 47.38% (14,535.76) -49.05%

3,289.17 66.11% 299.48 3.62% (4,651.75) -54.32%(222.88) -26.76% 5,578.18 914.49% (5,559.55) -89.84%

3,066.29 52.79% 5,877.66 66.23% (10,211.30) -69.22%(2,981.65) -20.97% 3,650.48 32.49% (4,324.46) -29.05%

0.00 0.00% 0.00 0.00% 0.00 0.00%0.00 0.00% 0.00 0.00% 2,116.14 #DIV/0!0.00 0.00% 1,438.87 #DIV/0! (1,438.87) -100.00%

11,369.62 36.34% 11,311.06 26.52% (26,353.55) -48.83%

K24


K28


M32


M41


K42


Comparative Analysis of Balance Sheet of Wockhardt Ltd for the past five years

For the year 2010 & 2011Absolute change % change (Rs. In Million) (+)/(-)

766.38 10.60%0.00 0.00%

766.38 10.04%

(1,057.60) -6.89%47.37 1.02%

(1,010.23) -5.06%0.00 0.00%

(243.85) -0.88%

1,063.43 10.31%(591.21) 18.67%

0.00 0.00%472.22 6.60%

3,176.76 68.63%(76.90) -2.44%

0.00 0.00%(8.97) -0.29%

(1,518.51) -32.76%627.23 63.39%

(862.86) -40.03%(1,851.56) -43.46%(3,614.67) -23.94%

24.18 0.62%(255.06) -40.58%(230.88) -5.08%

(3,383.79) -32.04%0.00 0.00%

(432.14) -20.42%0.00 0.00%

(243.85) -0.88%








0.00 Net Profit After Tax for the year 2,412.50 Balance brought from previous year 674.95 Transfer from General reserve 0.00 Profit available for Appropriation (*) 3,087.45 Appropriations: Proposed dividend on Equity Shares 0.00 Tax on Proposed dividend 0.00 Interim dividend on Equity Shares 547.18 Tax on Interim dividend 76.74 Transfer to General Reserve 1,500.00 Surplus Carried to Balancesheet 963.53





Less: Current Tax




25,060.46 35,983.62 45,059.00 37,552.22 (152.31) (85.83) (44.78) (39.83)

24,908.15 35,897.79 45,014.22 37,512.39 460.01 355.85 295.24 159.03

1,623.39 0.00 0.00 0.00 26,991.55 36,253.64 45,309.46 37,671.42

11,359.34 13,900.91 19,409.79 14,544.72 (1,431.82) (297.36) 315.58 617.50 10,213.85 14,438.99 17,057.42 13,262.91 20,141.37 28,042.54 36,782.79 28,425.13

6,850.18 8,211.10 8,526.67 9,246.29 (784.84) (1,078.33) (1,481.39) (1,166.18)

0.00 (52.14) 0.00 0.00 6,065.34 7,080.63 7,045.28 8,080.11

(1,638.13) (2,590.70) (3,424.83) (2,671.05)314.27 105.29 (259.30) 1,366.57

0.00 (1,294.91) (268.30) 0.00 4,741.48 3,300.31 3,092.85 6,775.63

0.00 (5,809.91) (12,949.21) (5,732.14)4,741.48 (2,509.60) (9,856.36) 1,043.49 (526.50) (237.30) (277.81) (338.38)

0.00 0.00 0.00 0.00 (354.01) 1,192.08 119.88 251.91

(36.07) (38.56) (8.74) 0.00 3,824.90 (1,593.38) (10,023.03) 957.02

33.24 204.80 16.40 (51.83)3,858.14 (1,388.58) (10,006.63) 905.19

963.53 2,881.28 1,492.70 (57.40)0.00 0.00 0.00 83.69

4,821.67 1,492.70 (8,513.93) 931.48

273.59 0.00 0.00 0.00 46.50 0.00 0.00 0.00

957.56 0.00 0.00 0.00 162.74 0.00 0.00 0.00 500.00 0.00 (8,456.53) 0.00

2,881.28 1,492.70 (57.40) 931.48


4,821.67 1,492.70 (8,513.93) 931.48

35.25 (12.69) (91.44) 8.27 35.25 (12.69) (91.44) 8.27

5.00 5.00 5.00 5.00

Trend Analysis of P/L A/c of Wockhardt Ltd for the past five years


7,523.65 42.90% 18,446.81 105.19% 27,522.19 156.94%94.11 -38.19% 160.59 -65.17% 201.64 -81.83%

7,617.76 44.06% 18,607.40 107.62% 27,723.83 160.34%270.22 142.38% 166.06 87.50% 105.45 55.56%

1,623.39 #DIV/0! 0.00 0.00% 0.00 0.00%9,511.37 54.41% 18,773.46 107.40% 27,829.28 159.20%

4,068.02 55.79% 6,609.59 90.65% 12,118.47 166.20%(818.99) 133.64% 315.47 -51.48% 928.41 -151.50%

3,604.60 54.54% 7,829.74 118.47% 10,448.17 158.08%6,853.63 51.58% 14,754.80 111.04% 23,495.05 176.82%2,657.74 63.39% 4,018.66 95.85% 4,334.23 103.38%(164.23) 26.46% (457.72) 73.75% (860.78) 138.70%

0.00 0.00% (52.14) #DIV/0! 0.00 0.00%2,493.51 69.81% 3,508.80 98.24% 3,473.45 97.25%

(1,611.74) 6107.39% (2,564.31) 9716.98% (3,398.44) 12877.76%314.27 #DIV/0! 105.29 #DIV/0! (259.30) #DIV/0!

0.00 0.00% (1,294.91) #DIV/0! (268.30) #DIV/0!1,196.04 33.73% (245.13) -6.91% (452.59) -12.77%

603.72 -100.00% (5,206.19) 862.35% (12,345.49) 2044.90%1,799.76 61.18% (5,451.32) -185.31% (12,798.08) -435.05%

(91.37) 21.00% 197.83 -45.46% 157.32 -36.15%(199.16) -100.00% (199.16) -100.00% (199.16) -100.00%

(93.52) 35.90% 1,452.57 -557.63% 380.37 -146.02%(3.31) 10.10% (5.80) 17.70% 24.02 -73.32%

1,412.40 58.55% (4,005.88) -166.05% (12,435.53) -515.46%33.24 #DIV/0! 204.80 #DIV/0! 16.40 #DIV/0!

1,445.64 59.92% (3,801.08) -157.56% (12,419.13) -514.78%288.58 42.76% 2,206.33 326.89% 817.75 121.16%

0.00 0.00% 0.00 0.00% 0.00 0.00%1,734.22 56.17% (1,594.75) -51.65% (11,601.38) -375.76%

273.59 #DIV/0! 0.00 0.00% 0.00 0.00%46.50 #DIV/0! 0.00 0.00% 0.00 0.00%

410.38 75.00% (547.18) -100.00% (547.18) -100.00%86.00 112.07% (76.74) -100.00% (76.74) -100.00%

(1,000.00) -66.67% (1,500.00) -100.00% (9,956.53) -663.77%1,917.75 199.03% 529.17 54.92% (1,020.93) -105.96%

J13


L22


J25


L25


N25


L26


N26


J35


L35


N35


J41


J42


1,734.22 56.17% (1,594.75) -51.65% (11,601.38) -375.76%

13.20 59.86% (34.74) -157.55% (113.49) -514.69%13.21 59.94% (34.73) -157.58% (113.48) -514.88%

0.00 0.00% 0.00 0.00% 0.00 0.00%

Trend Analysis of P/L A/c of Wockhardt Ltd for the past five years


20,015.41 114.13%206.59 -83.84%

20,222.00 116.96%(30.76) -16.21%

0.00 0.00%20,191.24 115.51%

7,253.40 99.48%1,230.33 -200.76%6,653.66 100.67%

15,137.39 113.92%5,053.85 120.55%(545.57) 87.91%

0.00 0.00%4,508.28 126.22%

(2,644.66) 10021.45%1,366.57 #DIV/0!

0.00 0.00%3,230.19 91.11%

(5,128.42) 849.47%(1,898.23) -64.53%

96.75 -22.23%(199.16) -100.00%512.40 -196.71%32.76 -100.00%

(1,455.48) -60.33%(51.83) #DIV/0!

(1,507.31) -62.48%(732.35) -108.50%

83.69 #DIV/0!(2,155.97) -69.83%

0.00 0.00%0.00 0.00%

(547.18) -100.00%(76.74) -100.00%

(1,500.00) -100.00%(32.05) -3.33%

P25


P35


P38


(2,155.97) -69.83%

(13.78) -62.49%(13.77) -62.48%

0.00 0.00%





(4,549.49) Impairment provision 0.00 Net Block 13,981.81 Capital Work-in-Progress, including capital advances 3,085.91 Investments 3.14 Deferred Tax Assets , net 0.00 Inventories 4,299.96 Sundry Debtors 4,615.65 Cash And Bank 9,731.78 Loans And Advances to subsidiaries 0.00 Other Loans and Advances 1,376.73 Total Current Assets [A] 20,024.12 Less: Current Liabilities & Provision Current Liabilities 4,975.44 Provisions 832.86 Total Current Liabilities [B] 5,808.30 Net Current Assets [A-B] 14,215.82 Misc. Expenses 0.00 Profit & Loss A/C, net 0.00 Foreign Currency Translation Reserve 0.00



Total Assets 31,286.68



547.18 547.18 7,232.97 7,999.35 12,188.43 11,068.97 399.48 399.48 12,735.61 11,616.15 7,632.45 8,398.83

23,440.18 31,608.59 15,343.29 14,285.69 5,559.56 10,742.62 4,638.07 4,685.44

28,999.74 42,351.21 19,981.36 18,971.13 920.95 0.00 0.00 0.00

42,656.30 53,967.36 27,613.81 27,369.96

34,095.85 39,895.62 10,318.22 11,381.65 (8,602.75) (9,881.75) (3,166.01) (3,757.22)

0.00 (52.14) 0.00 0.00 25,493.10 29,961.73 7,152.21 7,624.43

5,219.59 6,335.02 4,628.83 7,805.59 709.44 931.94 3,156.44 3,079.54

0.00 415.15 0.00 0.00 7,687.42 8,297.53 3,059.72 3,050.75 6,700.65 8,534.23 4,635.91 3,117.40 3,801.78 6,499.14 989.52 1,616.75

0.00 0.00 2,155.41 1,292.55 1,918.91 6,306.00 4,260.58 2,409.02

20,108.76 29,636.90 15,101.14 11,486.47

8,264.61 8,564.09 3,912.34 3,936.52 609.98 6,188.16 628.61 373.55

8,874.59 14,752.25 4,540.95 4,310.07 11,234.17 14,884.65 10,560.19 7,176.40

0.00 0.00 0.00 0.00 0.00 0.00 2,116.14 1,684.00 0.00 1,438.87 0.00 0.00


42,656.30 53,967.36 27,613.81 27,369.96

Trend Analysis of Balance Sheet of Wockhardt Ltd for the past five years


0.00 0.00% 0.00 0.00% 6,685.79 1221.86%2,072.73 20.49% 953.27 9.42% (9,716.22) -96.05%2,072.73 19.44% 953.27 8.94% (3,030.43) -28.42%

8,689.44 58.91% 16,857.85 114.28% 592.55 4.02%607.56 12.27% 5,790.62 116.93% (313.93) -6.34%

9,297.00 47.19% 22,648.47 114.95% 278.62 1.41%(0.11) -0.01% (921.06) -100.00% (921.06) -100.00%

11,369.62 36.34% 22,680.68 72.49% (3,672.87) -11.74%

15,564.55 83.99% 21,364.32 115.29% (8,213.08) -44.32%(4,053.26) 89.09% (5,332.26) 117.21% 1,383.48 -30.41%

0.00 0.00% (52.14) #DIV/0! 0.00 0.00%11,511.29 82.33% 15,979.92 114.29% (6,829.60) -48.85%2,133.68 69.14% 3,249.11 105.29% 1,542.92 50.00%

706.30 22493.63% 928.80 29579.62% 3,153.30 100423.57%0.00 0.00% 415.15 #DIV/0! 0.00 0.00%

3,387.46 78.78% 3,997.57 92.97% (1,240.24) -28.84%2,085.00 45.17% 3,918.58 84.90% 20.26 0.44%

(5,930.00) -60.93% (3,232.64) -33.22% (8,742.26) -89.83%0.00 0.00% 0.00 0.00% 2,155.41 #DIV/0!

542.18 39.38% 4,929.27 358.04% 2,883.85 209.47%84.64 0.42% 9,612.78 48.01% (4,922.98) -24.59%

3,289.17 66.11% 3,588.65 72.13% (1,063.10) -21.37%(222.88) -26.76% 5,355.30 643.00% (204.25) -24.52%

3,066.29 52.79% 8,943.95 153.99% (1,267.35) -21.82%(2,981.65) -20.97% 668.83 4.70% (3,655.63) -25.72%

0.00 0.00% 0.00 0.00% 0.00 0.00%0.00 0.00% 0.00 0.00% 2,116.14 #DIV/0!0.00 0.00% 1,438.87 #DIV/0! 0.00 0.00%

K24


K28


M32


M41


K42


11,369.62 36.34% 22,680.68 72.49% (3,672.87) -11.74%

Trend Analysis of Balance Sheet of Wockhardt Ltd for the past five years


7,452.17 1361.92%(9,716.22) -96.05%(2,264.05) -21.23%

(465.05) -3.15%(266.56) -5.38%(731.61) -3.71%(921.06) -100.00%

(3,916.72) -12.52%

(7,149.65) -38.58%792.27 -17.41%

0.00 0.00%(6,357.38) -45.47%4,719.68 152.94%3,076.40 97974.52%

0.00 0.00%(1,249.21) -29.05%(1,498.25) -32.46%(8,115.03) -83.39%1,292.55 #DIV/0!1,032.29 74.98%

(8,537.65) -42.64%

(1,038.92) -20.88%(459.31) -55.15%

(1,498.23) -25.79%(7,039.42) -49.52%

0.00 0.00%1,684.00 #DIV/0!

0.00 0.00%

O32


O41


(3,916.72) -12.52%

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