Lecturer in Commerce,
Corporate sector in India occupies an important position in the economy of India. It has come to play a pre-dominant role in economic life of our country. It has made a rapid stride both in numbers and in the paid up capital over the years. The corporate sector in India provides an effective and organized system for the overall growth and development of the economy. The funds for a firm are made available from the two sources: external and internal. The agenda for external funds starts only when the internal funds are unavailable or inadequate. As cost of internal funds is relatively low, corporate sector generally prefer to finance its programs of expansion, reconstruction or modernization either fully or partly through this source of finance. The present study is undertaken for a proper insight into the study of internal finance in the Indian Automobiles industry. The study is based on the annual accounts and financial statement of eight companies of automobiles industry in India. The study period is limited to eight financial year commencing from 2005 to 2012.
Depreciation, EBIT, Accumulated Depreciation, Retained Earnings
