Atul Ltd 2019-20

Corporate Overview Statutory Reports Financial Statements 01-21 22-91 92-228 130 Atul Ltd | Annual Report 2019-20 ( ` cr) Note 26 Finance costs 2019-20 2018-19 Interest on borrowings 0.20 0.14 Interest on financial liabilities at amortised cost 0.97 1.30 Interest on others 0.63 2.19 Other borrowing costs 0.55 0.03 2.35 3.66 ( ` cr) Note 27 Other expenses 2019-20 2018-19 Power, fuel and water 363.42 391.51 Freight charges 127.09 113.60 Manpower services 57.64 52.69 Consumption of stores and spares 53.73 51.84 Conversion and plant operation charges 51.32 54.14 Plant and equipment repairs 73.49 63.72 Building repairs 42.01 31.28 Sundry repairs 11.01 9.29 Rent 2.32 2.38 Rates and taxes 1.30 1.27 Insurance 11.99 5.85 Commission 17.54 11.64 Travelling and conveyance 17.66 17.50 Payments to the Statutory Auditors a) Audit fees 0.34 0.31 b) Tax matters 0.09 0.08 c) Other matters 0.12 0.05 d) Out of pocket expenses 0.04 0.01 Payments to the Cost Auditors a) Audit fees 0.03 0.03 b) Other matters - - c) Out of pocket expenses (Current year: ` 13,176 and Previous year: ` 15,432) Directors' fees and travelling 0.24 0.35 Directors' commission (other than the Executive Directors) 0.91 1.02 Bad debts and irrecoverable balances written off 3.97 0.23 Provision for doubtful debts (net ) 4.93 5.01 Loss on assets sold, discarded or demolished 0.35 1.39 Expenditure on Corporate Social Responsibility initiatives (refer Note 28.15) 9.60 7.90 Miscellaneous expenses 80.23 80.24 931.37 903.33