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14 I 15
Expenditure
Total expenditure (excluding tax) decreased by 2% in
terms of percentage of total operating revenues and
increased by 27% in absolute terms over the previous
year.
Dividend
The Board has recommended a higher dividend of
45% (up from 40%) on fully paid up Equity Shares
of
`
10 each, for the year ended March 31, 2011.
Accordingly, proposed dividend (including dividend
distribution tax), if approved by the Shareholders, will
absorb
`
16 crores as against
`
14 crores and will be
18% of the profit after tax.
Dividend per Share
*Proposed
2.00
2.50
3.00
3.50
4.00
4.50
5.00
2010-11*
2009-10
2008-09
2007-08
2006-07
3.00 3.00 3.00
4.00
4.50
*
`
55 57
9
7
9
9
5
5
4
3 2
1 2
5
4
4
3 2
31
Depreciation
Others
Interest & nance charges
Exchange di erence
Tax
Raw materials
Power, fuel & water
Selling & distribution
Employees
Repairs & maintenance
Individual Expense head as a
percentage of Operating Revenues
2009-10
2010-11