Ethical Compliance

HINDUSTAN OIL EXPLORATION

Revenue

1.5%

Debt

8.9%

Liquidity

4.4%

Revenue

Debt

Liquidity

1.5%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Other Income
₹7.21

  Sale of Crude Oil / Condensate
₹232.40

  Vessel Hire Charges
₹171.98

  Sale of Natural Gas
₹344.76

Questionable

INR Crores

  Investment Gain
₹2.72

Non Compliant

INR Crores

  Interest Income
₹8.75

INR Crores

Revenue from Questionable Sources:₹2.72
Revenue from Non Compliant Sources:₹8.75
Total:₹11.47
Total Revenue:₹767.81

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹11.47

₹767.81

= 1.5%

compliant

Rationale

The sum of revenue from questionable and non-compliant sources should not exceed 3% of the total revenue. This ensures that the company has tolerable reliance on unethical sources of revenue.