Atul Ltd 2011-12

Atul Ltd | Annual Report 2011-12 ( ` cr) NOTE 20 OTHER OPERATING REVENUES 2011-12 2010-11 Export incentives 23.35 16.91 Scrap sales 5.30 5.00 Technical know-how 2.88 1.50 31.53 23.41 ( ` cr) NOTE 21 OTHER INCOME 2011-12 2010-11 Dividend on long-term investments 1.59 5.42 Interest from inter company deposits 0.01 0.37 Interest from investments (Previous year ` 4,960 ) 0.01 - Interest from others 1.22 0.81 Provisions no longer required 3.69 7.01 Impairment written back - 0.89 Surplus on sale of fixed assets 0.28 0.03 Miscellaneous income 4.94 5.16 11.74 19.69 ( ` cr) NOTE 22 COST OF MATERIALS CONSUMED 2011-12 2010-11 Raw materials and packing materials consumed Stocks at commencement 51.45 37.45 Add: Purchases 1,068.22 931.63 1,119.67 969.08 Less: Stocks at close 48.01 51.93 1,071.66 917.15 ( ` cr) NOTE 23 CHANGES IN INVENTORIES OF FINISHED GOODS, WORK-IN-PROGRESS AND STOCK-IN-TRADE 2011-12 2010-11 Stocks at close Finished goods 114.46 91.59 Work-in-progress 108.27 101.46 Stock-in-trade 3.45 3.71 226.18 196.76 Less: Stocks at commencement Finished goods 97.65 78.31 Work-in-progress 101.46 87.79 Stock-in-trade 3.71 - 202.82 166.10 (23.36) (30.66) Excise duty variation on opening | closing stocks 0.70 (0.71) (Increase) | decrease in inventories (22.66) (31.37) Notes to Consolidated financial statements