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Financial Statement Analysis of Ashok Leyland
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Excerpts
To increase its efficiency, Ashok had already taken initiatives at the beginning of the financial year 2013-14. The company reduced its work force by laying off around 1,200 casual workers. It also cut the salary packages of its executives by 5% . The company announced a Voluntary Retirement Scheme (VRS) for its executives and in November 2013, around 500 executives (10% of the total executive strength) opted for the scheme . |
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Exhibit
Exhibit I: Ashok Leyland Profit & Loss Account for the Year Ended March 31, 2014
Exhibit II: Ashok Leyland Revenue Details for the Year Ended March 31, 2014
Exhibit III: Ashok Leyland Balance Sheet as on March 31, 2014
Exhibit IV: Ashok Leyland Domestic and Export Sales Volumes for the year 2013-14
Exhibit V: Additional Information on Ashok Leyland
Exhibit VI: Ashok Leyland Cash Flow Statement for the Year Ended March 31, 2014
