Documentos de Académico
Documentos de Profesional
Documentos de Cultura
Dr. B. CHINNASWAMY
Chief Accounts Officer & Financial Advisor,
BMTC
ORGANIC VIEW OF BMTC
• Corporate Office
• 5 Operating Divisions
• 37 Depots
• 2 Regional Workshops
• Training Institutes
• Hospital and Dispensaries
BMTC steps in to fill the gap…
• 6300 buses
• 46 Lakhs passenger trips/day
• 30% modal split
• 80000 trips & 13 Lakhs KM daily
• BMTC owns the following Infrastructure:
Man Power : 32771
Bus Staff Ratio : 5.25
• BMTC has emerged as a demand driven mode of
public transport with an array of initiatives, projects,
and services
ACCOUNTS MANUAL
• 2. Inventory module
2011-12
Particulars 2008-09 2009-10 2010-11
R.E.
Revenue 907.50 1012.29 1211.24 1415.58
Misc. income 91.48 77.15 60.58 41.53
Subsidy from GOK 1.65 42.27 57.53 84.82
Total Revenue 1000.63 1131.71 1329.35 1541.93
Kms Covered (in Crore) 40.62 44.17 45.80 46.95
Earning Per KM in paise 2463.15 2561.85 2902.37 3283.85
(EPKM)
Total Expenditure 945.45 1066.59 1279.00 1490.40
Cost Per KM in paise (CPKM) 2327.32 2414.43 2792.44 3174.12
Profit Before Depreciation 152.84 168.54 165.42 186.53
Depreciation 97.66 103.41 115.07 135.00
Net profit 55.18 65.13 50.35 51.53
Capital Account and Resources
Mobilized
(Rs. in Crore)
CAPITAL RECEIPTS CAPITAL EXPENDITURE
PARTICULARS ACTUAL ACTUAL ACTUAL PARTICULARS ACTUAL ACTUAL ACTUAL
2008-09 2009-10 2010-11 2008-09 2009-10 2010-11
Karnataka Govt. 0.00 0.00 0.25 Land 34.88 6.05 1.76
Loan from KUIDFC 0.00 119.28 67.88 PME 1.39 1.84 1.13
Internal resources 373.80 244.22 20.90 Motor Buses 298.06 291.39 32.32
Grants towards
66.30 80.15 87.99 Domestic Vehicles 0.27 0.62 0.09
JnNURM
Infrastructure
118.13 215.43 129.12
under JnNURM
480.10 553.65 201.02 480.10 553.65 201.02
CAPITAL INVESTED AS AT 31-03-2011
Rs. 1939.00 Crores
Equity GOK
200
0
FIXED ASSETS AS AT 31-03-2011
Rs.1939.00 Crores.
999.90
Land
1000 691.40
Bldgs
800
600 Buses
225.33
400 22.37
PMEs &
200 Computers
0
NET WORTH (Rs. in Crores)
1071.75
964.49
892.74
810.80
683.14
391.09
Interest M.V.Tax
9.69 crore Rs.66.62 crore
1% 5%
Margin
Rs.50.35 crore Maintenance
4% Rs.86.47 crore
Administration 6%
Hiring of expenditure
Pvt.Vehicles Rs.37.03 crore
Rs.6.66 crore 3%
1%
SUBSIDIES FROM GOVERNMENT
2010-11
(Rs.in Crores)
1.Student Passes 54.35
2.Passes to Freedom Fighters 0.37
3.Passes to Visually challenged 1.10
4.Passes to Physically challenged 0.99
Total 56.81
5.Capital Contribution
by way of infrastructure Grants 0.25
DEBT MANAGEMENT
• BMTC availing term loans for capital expansion
programmes purely for purchase of buses through
Commercial Banks
• Best possible interest rates
• No upfront fee/ incidental charges are paid
• Timely repayment of loans
• Tenure of fresh loans reduced to 5 years
• Availed loan at meager 6% interest rate from KUIDFC to
contribute Corporation share for Construction of 10
TTMCs with assistance from GOI & GOK.
BMTC INITIATIVE
– Bangalore - IT capital of India, houses two large
software companies, attracts international & domestic
travelers
– Bangalore International Airport (BIAL) upgraded - to
accommodate a forecasted increase in traffic due to
above
– BIAL situated 40 KM NE from the city centre-
necessitating providing a dedicated airport shuttle
– Airport reflective of the economy - shuttle service to
be comfortable, affordable, reliable and at par,
globally
– Connectivity proved a big challenge for the
Government - especially with the traffic that ensued
on the roads.
Continued
– BMTC provides more number of Volvo Buses to I.T.
corridors to refrain techies from traveling in their own cars
while earning more traffic revenue from these sectors
– BMTC performs “Bus day” every month to create
awareness among citizens to travel in public transport
thereby reducing air pollution
– BMTC earn 40% of its traffic revenue through issue of
passes like Monthly, Daily, Weekly, Student, Journalists,
Physically & Visually Challenged, Freedom Fighters
– Regular commuters who buy daily passes can have a ID
card and buy the pass at Rs.5/- less per day
– By paying within due date to its suppliers BMTC earns
good amount of Non-traffic revenue in the form of PPD.
EMPLOYEES WELFARE SCHEMES
• Internal Insurance scheme for the benefit of the dependents of the
deceased employees introduced. Rs.3.00 lakhs is being paid.
• Rs.70.00 per month from each employee is collected and the
management is contributing the equivalent sum to the fund.
• Medically Incapacitated & Welfare Fund created for the benefit of
Employees. Those Employees who avail voluntary retirement on
medical grounds will be drawing 100%, 75%, 50% & 25% of their
basic pay from 1st to 4th year respectively
• Employees payment viz., salary, Medical reimbursement, P.F.loan,
Festival & Education advance are paid through ECS
BMTC’s Infrastructure projects and
services
• Infrastructure projects and services aim at reducing demand of
private vehicular traffic inducing a modal shift to public
transport