Group Highlights A letter from the Chairman Board of Directors CEO's Review Financial Review Report on Corporate Governance Report of the Directors Statement of the Directors'   Responsibilities in Relation to   the Financial Statements Report of the Auditors Income Statement Balance Sheet Statement of changes in Equity Cash Flow Statement Accounting Policies Notes to the Financial Statements Five Year Progress Value Addition Investor Information Notice of Meeting     Five Year Progress   2001 2000 1999 1998 1997   Rs. Mn Rs. Mn Rs. Mn Rs. Mn Rs. Mn Financial Position           Property, Plant & Equipment 59,093 61,498 58,136 47,044 37,796 Total Assets 80,210 82,497 70,797 59,768 48,933 Current Assets 13,809 12,213 10,906 11,138 9,763 Current Liabilities 12,181 12,134 10,920 9,743 6,203 Borrowings 31,571 34,633 31,116 22,270 17,304 Equity 36,957 35,742 22,329 21,767 20,536             Performance           Revenue 22,060 19,605 18,281 17,082 13,685 Operating Profit 6,314 4,984 5,061 5,011 4,381 Finance Cost 3,585 4,516 3,313 1,899 1,248 Earnings before Tax 3,618 914 2,325 3,461 3,253 Taxation 1,515 693 1,056 1,260 863 Earnings after Tax 2,103 221 1,269 2,201 2,390             Cash Flow           Net Operating Cash Flows 9,568 9,566 8,461 8,317 8,206 Net Cash used in Investing Activities 4,425 8,894 15,285 13,371 6,616 Net Cash used in/(from) Financing Activities 4,978 (2,066) (8,140) (4,255) 1,019             Key Financial Indicators           Earnings per Share (Rs.) 1.17 0.12 0.70 1.22 1.32 Return on Assets (%) 7.9 6.0 7.1 8.4 9.0 Return on Equity (%) 5.7 0.6 5.7 10.1 11.6 Operating Margin (%) 28.6 25.4 27.7 29.3 32.0 Asset Turnover (No. of times) 0.28 0.24 0.26 0.29 0.28 Current Ratio (No. of times C.L.) 1.13 1.01 1.00 1.14 1.57 Quick Asset Ratio (No. of times C.L.) 1.05 0.90 0.86 1.01 1.48 Gearing Ratio (Debt to Rs. 1/- of Equity) 0.85 0.97 1.39 1.02 0.84 Interest Cover (No. of times Interest) 1.76 1.10 1.53 2.64 3.51 Asset turnover Revenue Earnings after Tax Times 0.35 0.30 0.25 0.20 0.15 0.10 0.05 0   . 97 98 99 00 01 Rs. Mn 24 20 16 12 8 4 0   97 98 99 00 01 Rs. Mn 2,500 2,000 1,500 1,000 500 0   97 98 99 00 01