Ethical Compliance

TIMKEN INDIA.

Revenue

1.1%

Debt

0.2%

Liquidity

11.1%

Revenue

Debt

Liquidity

1.1%

Non Compliant
Questionable
Compliant

Compliant

INR Crores

   Industrial Products
₹2,686.88

  Sale of Services
₹208.83

  Export Incentives
₹13.83

  other income
₹9.48

Questionable

INR Crores

Non Compliant

INR Crores

  interest & other
₹31.28

INR Crores

Revenue from Questionable Sources:₹0.00
Revenue from Non Compliant Sources:₹31.28
Total:₹31.28
Total Revenue:₹2,950.31

Formula

Revenue from Questionable & Non Compliant Sources

Total Revenue

≤ 0.03 or 3%

Calculation

₹31.28

₹2,950.31

= 1.1%

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.