Atul Ltd 2023-24

Corporate Overview Statutory Reports Financial Statements 149 (` cr) Note 26 Finance costs 2023-24 2022-23 Interest on borrowings 0.03 0.18 Interest on financial liabilities at amortised cost 1.77 1.59 Interest on others 0.40 0.28 Other borrowing costs 0.05 0.07 2.25 2.12 (` cr) Note 27 Depreciation and amortisation expenses 2023-24 2022-23 Depreciation on property, plant and equipment (refer Note 2) 183.68 162.33 Amortisation of intangiable assets (refer Note 4) 0.54 0.52 184.22 162.85 (` cr) Note 28 Other expenses 2023-24 2022-23 Power, fuel and water 476.63 613.15 Freight charges 139.29 252.69 Manpower services 73.27 65.07 Consumption of stores and spares 40.77 50.33 Conversion and plant operation charges 52.98 57.24 Plant and equipment repairs 89.41 88.41 Building repairs 37.95 38.35 Sundry repairs 11.86 12.36 Rent 2.92 2.81 Rates and taxes 1.91 2.00 Insurance 24.40 22.18 Commission 13.78 15.99 Auditor's remuneration1 0.78 0.66 Travelling and conveyance 21.93 19.23 Directors' fees and travelling 0.41 0.35 Directors' commission (other than the Executive Directors) 0.90 1.02 Bad debts and irrecoverable balances written off 4.75 1.59 Provision for doubtful debts (net ) (0.31) 1.45 Loss on assets sold, discarded or demolished 2.30 32.32 Expenditure on Corporate Social Responsibility initiatives (refer Note 29.15) 15.32 15.83 Miscellaneous expenses 91.29 89.55 1,102.54 1,382.58 1Details of Auditors’ remuneration are as follows:

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