Ethical Compliance

THE GE SHPG.LTD

THE GE SHPG.LTD

Revenue

7.1%

Debt

18%

Liquidity

29.1%

Revenue

Debt

Liquidity

7.1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

  Charter Hire
₹3,601.69

  Other Operating Revenue
₹79.55

  Freight and Demurrage
₹1,573.93

  Other Income
₹241.60

Questionable

INR Crores

  Investment Gain
₹210.13

Non Compliant

INR Crores

  Interest Income
₹211.80

INR Crores

Revenue from Questionable Sources:₹210.13
Revenue from Non Compliant Sources:₹211.80
Total:₹421.93
Total Revenue:₹5,918.70

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹421.93

₹5,918.70

= 7.1%

non-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.