Value added is the increment to the value of commodities and services contributed by the manufacturing establishment. Value added is derived as the difference between value of gross output and intermediate input.
Fixed assets cover all goods, new or used, tangible or intangible, which have a normal economic life span of more than one year (e.g. land, building, machinery and equipment, including transport equipment). The value reported is as at the end of the reference year and is according to the books of accounts of the reporting unit. It includes additions during the year and excludes assets disposed off during the year. It is net of depreciation.
Value of gross output is calculated from the following items :
Value of sales of manufactured products
+ plus Value of goods sold in the same condition as purchased
- minus Cost of goods sold in the same condition as purchased + plus Capital expenditure on own construction + plus Income from industrial services rendered to others + plus Income from other industrial work done (e.g. construction, quarry, etc.)
+ plus Receipt from scrap, electricity, waste product, etc. sold to others
+ plus Receipt from commission and brokerage earned
+ plus All other output (such as receipt from non-industrial
services, e.g. management fees received, income from
rental of property, etc.)
+ plus Closing stocks of finished goods (own manufactured)
- minus Opening stocks of finished goods (own manufactured)
+ plus Closing stocks of goods-in-process
- minus Opening stocks of goods-in-process
The cost of intermediate input is in current purchaser’s price and is defined to include the following elements:
Value of materials and supplies consumed
+ Cost of industrial work done by others;
+ Electricity and water purchased;
+ Value of fuels, lubricants and gas consumed;
+ Cost of materials used for repairs and maintenance of assets (including payments to others for this work);
+ Payment for non-industrial services including cost of carriage outwards, management, legal services, in formation technology, advertising, legal fees, postage, etc.); and
+ All other input costs (including training and value of the free wearing apparel provided for the workers).
Value of materials consumed is the cost of the materials delivered to the establishment and is inclusive of transport, cost of insurance, value of packaging materials charged for, and all taxes, duties and levies paid on the goods. It excludes discounts or rebates allowed to the purchaser and returns such as the value of packing materials returned to suppliers.
Value of sales of manufactured products reported in this publication refers to the sales of products made during the reference year irrespective of when the products were produced. This value of sales refers to the sale of products manufactured by the establishment itself.
Refer to the provision of medical and health services to animals provided by establishments operated by persons (issued with annual practicing certificates) registered with the Veterinary Council establishment under the Veterinary Surgeons Act, 1974.
This group includes animal health care and control activities for farm animals and animal health care and control activities for pet animals. These activities are carried out by qualified veterinarians when working in veterinary hospitals as well as when visiting farms, kennels or homes, in own consulting and surgery rooms or elsewhere. This group also includes activities of veterinary assistants or other auxiliary veterinary personnel, clinic-pathological and other diagnostic activities pertaining to animals and animal ambulance activities.
Acute illness typically including fever, malaise, extreme fatigue, anorexia, nausea, acute jaundice and right upper quadrant of abdomen tenderness with raised alanine aminotransferase more than 2.5 times normal rate.
Volume, where shown, represent the net weight or other measurement of the goods exclusive of packing containers. Where a commodity item comprises different kinds of commodities for which a common unit of measurement cannot be used, only values are shown.