Ethical Compliance
SKF INDIA
Sector:
Industrials
Industry:
Tools & Accessories
Market Cap Class:
large
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.