Atul Ltd 2017-18

Atul Ltd | Annual Report 2017-18 Notes to the Consolidated Financial Statements ( ` cr) Note 23 Other income 2017-18 2016-17 Dividends from equity investment measured at FVOCI 3.02 3.24 Dividends from equity investment measured at cost 4.52 3.72 Dividends on current investments 0.53 0.29 Interest income from financial assets measured at amortised cost 3.21 3.39 Interest from others 3.49 1.51 Lease income 0.54 0.23 Fair value changes in biological assets (0.28) 1.78 Gain on disposal of property, plant and equipment 0.43 3.71 Remeasurement to fair value of existing equity interest acquired in business combination – 30.98 Exchange rate difference - gain 1.61 1.74 Miscellaneous income 8.84 1.96 25.91 52.55 ( ` cr) Note 24 Cost of materials consumed 2017-18 2016-17 Raw materials and packing materials consumed Stocks at commencement 86.15 71.11 Add: Purchase 1,762.11 1,412.32 1,848.26 1,483.43 Less: Stocks at close 113.38 86.15 1,734.88 1,397.28 ( ` cr) Note 25 Changes in inventories of finished goods, work-in-progress and stock-in-trade 2017-18 2016-17 Stocks at close Finished goods 122.25 157.92 Work-in-progress 99.42 112.88 Stock-in-trade 1.93 5.55 223.60 276.35 Less: Stocks at commencement Finished goods 157.92 165.95 Work-in-progress 112.88 114.10 Stock-in-trade 5.55 7.10 276.35 287.15 (Increase) | Decrease in stocks 52.75 10.80 ( ` cr) Note 26 Employee benefit expenses 2017-18 2016-17 Salaries, wages and bonus (refer Note 29.6) 192.12 179.92 Contribution to Provident and other funds (refer Note 29.6) 13.19 12.91 Staff welfare 8.07 7.31 213.38 200.14