75
Notes on Accounts
27. CONTINGENT LIABILITIES
As at
As at
31.03.2013
31.03.2012
`
in million
`
in million
(excluding matters separately dealt with in other notes):
a. In respect of Bills discounted With the Company’s Bankers
73.72
21.13
b. Counter guarantees issued in respect of guarantees issued by company’s bankers
–
0.50
c. Guarantees issued on behalf of subsidiaries
299.00
90.00
d. In respect of Excise Duty, Sales Tax, Service Tax, Custom Duty Demands pending
before various authorities and in dispute
57.11
64.48
e. In respect of disputed Electricity Demand pending with appellate authorities and
other consumer cases.
25.41
16.67
29. PARTICULARS OF SALES & STOCKS
`
in million
Year ended
Year ended
31.03.2013
31.03.2012
a) Opening Stock
Tiles
1129.25
989.98
b) Purchases
Tiles
5787.46
4117.75
c) Sales
Tiles (Manufactured)
9841.23
8766.56
Tiles (Trading)
7203.17
5221.80
Power
17.35
14.87
d) Closing Stock
Tiles
1200.94
1129.25
a. Estimated amount of contracts remaining to be executed on Capital Account and
not provided for (Net of advances)
54.62
10.18
b. Letters of Credit opened in favour of inland/overseas suppliers (Net)
658.16
1303.13
28. COMMITMENTS
30. VALUE OF IMPORTS ON CIF BASIS:
Year ended
Year ended
31.03.2013
31.03.2012
`
in million
`
in million
• Capital Goods
130.31
93.32
• Raw Materials
64.16
177.88
• Spares and Consumables
167.86
175.45
• Traded Goods
1753.48
2119.62
