Notes on the financial statements
(
`
in crores)
Year ended
31 March 2016
Year ended
31 March 2015
Raw Material & Packing Material Consumed
Body Material
142.24
133.82
Glaze, Frits And Chemicals
131.73
130.94
Packing Material
71.07
69.89
345.04
334.65
22. COST OF MATERIAL CONSUMED
(
`
in crores)
Year ended
31 March 2016
Year ended
31 March 2015
Salaries and wages
176.85
156.66
Contribution to provident and other funds
10.06
9.86
Stock compensation cost (Refer Note 37)
0.17
0.00
Staff welfare expenses
2.96
2.68
190.04
169.20
24. EMPLOYEE BENEFITS EXPENSE
(
`
in crores)
Year ended
31 March 2016
Year ended
31 March 2015
Interest on:
Term loans
0.00
1.92
Others
5.55
4.32
Other ancialiary borrowing costs
1.17
1.39
Loss(gain) on foreign currency rate difference
2.60
(1.66)
9.32
5.97
25. FINANCE COSTS
(
`
in crores)
Year ended
31 March 2016
Year ended
31 March 2015
Stock as on 1.4.2015
Finished Goods
127.78
67.11
Stock In Trade
14.55
28.52
Work-in-process
4.00
5.14
'A'
146.33
100.77
Finished Goods used for Fixed Assets 'B'
0.25
0.00
Stock as on 31.03.2016
Finished Goods
129.13
126.26
Stock In Trade
18.70
16.07
Work-in-process
7.24
4.00
`C'
155.07
146.33
A- B- C
(8.99)
(45.56)
23. CHANGES IN INVENTORIES
118
Kajaria Ceramics Limited