Atul Ltd 2016-17

Atul Ltd | Annual Report 2016-17 ( ` cr) Note 23 Other income 2016-17 2015-16 Dividend from equity investment measured at FVOCI 3.24 3.42 Dividend from equity investment measured at cost 3.72 1.09 Dividend on current investments 0.29 0.28 Interest income from financial assets measured at amortised cost 3.39 2.32 Interest from others 1.51 2.56 Lease income 0.23 0.20 Fair value changes in Biological assets 1.78 1.25 Gain on disposal of property, plant and equipment 3.71 1.27 Gain on disposal of equity investment measured at cost – 0.01 Remeasurement to fair value of existing equity interest acquired in business combination (refer Note 29.17) 30.98 – Exchange rate difference – gain 1.74 7.56 Miscellaneous income 1.96 14.44 52.55 34.40 ( ` cr) Note 24 Cost of materials consumed 2016-17 2015-16 Raw materials and packing materials consumed Stocks at commencement 71.11 105.80 Add: Purchase 1,412.07 1,289.25 1,483.18 1,395.05 Less: Stocks at close 86.15 71.11 1,397.03 1,323.94 ( ` cr) Note 25 Changes in inventories of finished goods, work-in-progress and stock-in-trade 2016-17 2015-16 Stocks at close Finished goods 166.06 174.25 Work-in-progress 115.56 116.87 Stock-in-trade 5.55 7.10 287.17 298.22 Less: Stocks at commencement Finished goods 174.25 161.74 Work-in-progress 116.87 111.40 Stock-in-trade 7.10 4.38 298.22 277.52 (Increase) | Decrease in stocks 11.05 (20.70) ( ` cr) Note 26 Employee benefit expenses 2016-17 2015-16 Salaries, wages and bonus (refer Note 29.6) 179.92 171.84 Contribution to Provident and other funds (refer Note 29.6) 12.91 11.83 Staff welfare 7.31 7.24 200.14 190.91 Notes to the Consolidated Financial Statements