Question

Calculate the value of 'Change in Stock' from the following data :
Amount
S. No. Items
(in Crores)
400
Sales
200
(ii)
Net Value Added at Factor Cost (NVAFC)
10
(iii)
Subsidies
(iv)
40
Change in Stock
Depreciation
Intermediate Consumption
100
.​

Answer 1

The change in stock is -70

Explanation:

The change in stock is computed as follows:

Change in stock = Net value added at Factor Cost (NVAFC) - Sales + Purchase of raw material + Consumption of fixed capital + Intermediate consumption - Subsidies + Depreciation + Excise duty

OR

Change in stock = {Net value added at Factor Cost (NVAFC) + Intermediate consumption - Subsidies + Depreciation + Excise duty} or (value of output) - Sales

where

Net value added at Factor cost (NVAFC) is 200

Intermediate consumption is 100

Subsidies is 10

Depreciation is 40

Excise duty is 0

Sales is 400

Putting the values above using the second formula as per the given requirements:

Change in stock = (200 + 100 - 10 + 40 + 0) - 400

Change in stockt = (300 - 10 + 40) - 400

Change in stock = (290 + 40) - 400

Change in stock = 330 - 400

Change in stock = - 70

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