93
Notes on Accounts
22. COST OF MATERIAL CONSUMED
Year ended
Year ended
31.03.2013
31.03.2012
`
in million
`
in million
Raw Material & Packing Material Consumed
Body Material
1,993.65
1,365.69
Glaze, Frits and Chemicals
1,153.00
1,217.15
Packing Material
570.73
522.96
3,717.38
3,105.80
Interest on:
Term loans
214.92
211.49
Others
191.82
172.25
Other Borrowing costs:
Processing Fees
23.56
22.26
Net gain/loss in foreign currency transactions & translations
23.24
79.11
453.53
485.11
25. FINANCE COSTS
Salaries and wages
1,261.33
982.42
Contribution to provident and other funds
76.91
67.86
Staff welfare expenses
25.78
21.57
1,364.02
1,071.85
24. EMPLOYEE BENEFITS EXPENSE
Stock as on 1st April, 2012
Work-in-process
94.65
70.99
Finished Goods
729.27
420.78
Stock In Trade
472.72
586.86
Stock on Takeover
28.02
–
‘A’
1,324.66
1,078.63
Stock as on 31st March, 2013
Work-in-process
85.47
94.65
Finished Goods
1,160.10
729.27
Stock In Trade
285.08
472.72
`B’
1,530.65
1,296.64
B - A
205.99
218.01
23. CHANGES IN INVENTORIES
