Notes on the consolidated financial statements
(
`
in crores)
Year ended
31 March 2016
Year ended
31 March 2015
Other Manufacturing Expenses
Stores and Spares Consumed
89.05
68.36
Power & Fuel
480.48
485.35
Excise Duty Variance on opening and closing Stocks
13.71
14.37
583.23
568.08
Repairs & maintenance
- Building
5.55
4.47
- Machinery
10.99
9.23
- Others
3.56
2.69
20.09
16.39
Administrative Expenses
Rent
10.23
8.14
Rates & Taxes
1.39
0.60
Traveling & Conveyance Expenses
27.16
24.17
Insurance Charges
2.41
2.00
Legal & Professional Charges
6.42
5.73
Auditors' Remuneration :
- As Audit Fees
0.40
0.30
- For Tax Audit, Certification & Tax Representations
0.11
0.09
- For Other matters
0.13
0.09
Miscellaneous Expenses
21.73
19.50
69.98
60.62
Selling & Distribution Expenses
Packing Freight & Forwarding Expenses
90.99
64.12
Advertisement, Publicity & Sales Promotion
56.90
54.26
Commission
17.21
19.86
165.09
138.24
Others
Loss on Sale / Scrapping of Fixed Assets
5.51
1.32
CSR Expenses
3.59
1.10
Provision for doubtful debts
0.50
0.00
Research & Development Expenses
8.13
6.30
17.73
8.72
856.13
792.05
27. OTHER EXPENSES
(
`
in crores)
As at
31 March 2016
As at
31 March 2015
a) In respect of Bills discounted With the Company’s Bankers
0.13
8.29
b) Counter guarantees issued in respect of guarantees issued by company’s bankers
2.01
2.12
c) In respect of VAT, Service Tax & Custom Duty Demands pending before various authorities
and in dispute
13.06
5.55
d) In respect of pending income tax demands
0.00
0.18
e) In respect of Consumer Cases
1.28
2.02
28. CONTINGENT LIABILITIES
(excluding matters separately dealt with in other notes):
149
Annual Report 2015-16
