Ethical Compliance

SKF INDIA

Revenue

1.6%

Debt

0%

Liquidity

33.5%

Revenue

Debt

Liquidity

1.6%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  components of Lubrication Systems
₹4,381.04

  Sale of Services
₹106.69

  Other Operating Revenues
₹82.40

  other income
₹18.90

Questionable

INR Crores

Non Compliant

INR Crores

  interest Income
₹75.11

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹75.11
Total:₹75.11
Total Revenue:₹4,664.14

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹75.11

₹4,664.14

= 1.6%

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.