Economic Performance | Financial Contribution

Chairman's Statement:
ITC's Vision and Strategy Key Impacts, Risks
and Opportunities ITC:
Organisational Profile Report Profile, Scope
and Boundary Governance,Commitments
and Engagements ITC's Triple Bottom Line
Performance GRI Index Alignment to National Voluntary Guidelines Annexures Memberships and Affiliations Independent
Assurance Statement Self-declaration on
Application Level

Economic Performance

Analysis of Value Added

Distribution of Value Added

Visual Representation of Distribution of Value Added from Financial Year 2009 to 2013

Contribution to the National Exchequer

The Company’s contribution accounts for about 7.1% of the total excise revenue of the Government of India. In the area of income tax, the Company is the highest tax payer in eastern India and among the top tax payers nationally.

Contribution to Exchequer

Visual Representation of Contribution to Exchequer from Financial Year 2009 to 2013

Financial Assistance From Government

There is no significant financial assistance which the Company receives from the Government. In the states of Andhra Pradesh and Tamil Nadu, the State Government offers incentives such as deferment of sales tax for setting up new units or for modernisation/expansion/diversification of existing Units. In the current year, our Paperboards & Specialty Papers Division (PSPD) has received such assistance for the Bhadrachalam Unit in Andhra Pradesh (2013 - Rs. 0.3 Crore, 2012 - Rs. 1.8 Crores)

Dividend Payout

ITC is one of India’s most admired and valuable corporations and has consistently featured, over the last seventeen years, amongst the top 10 private sector companies in terms of market capitalisation and profits and is amongst the most influential stocks in the Indian equity market. For the current year, it has declared a dividend of Rs. 5.25 per share of Re. 1 each.

Dividend Payout (Incl Dividend Distribution Tax)

Visual Representation of Dividend Payout (Incl Dividend Distribution Tax) from Financial Year 2009 to 2013

While the Balance Sheet size of the Company has expanded at a compound rate of 15% over the previous five years to reach Rs. 34,017 crores as at 31st March 2013, returns on assets deployed have increased from about 25% to about 32% during the same period

Return On Assets Deployed

Visual Representation of Return On Assets Deployed from Financial Year 2009 to 2013

Assets Deployed and Returns

Despite the extremely challenging business environment during the year under review, ITC continued to make significant investments in the Indian economy across its business domains, even as it has been successful in generating progressively higher returns on the assets deployed. Thus, while the Balance Sheet size of the Company has expanded at a compound rate of 15% over the previous five years to reach Rs. 34,017 crores as at 31st March 2013, returns on assets deployed have increased from about 25% to about 32% during the same period.