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Atul Ltd | Annual Report 2010-11
Schedules
forming part of Profit and Loss Account for the
year ended March 31, 2011
(
`
crores)
(
`
crores)
SCHEDULE 15 OTHERS
2010-11
2009-10
Rent
1.25
1.14
Rates and taxes
0.76
1.06
Insurance
2.24
2.33
Freight, cartage and octroi
44.33
30.61
Discount on sales
14.93
10.59
Cash discount
7.90
7.60
Commission to others
11.77
8.15
Brokerage
0.02
0.04
Travelling and conveyance
9.13
7.18
Payments to Statutory Auditors
0.40
0.42
Payments to Cost Auditors
0.02
0.02
Directors’ fees and travelling
0.27
0.22
Directors’ commission (other than Managing and Whole time Director)
0.50
0.27
Charities and donations
0.37
0.31
Bad debts and irrecoverable balances written off
1.47
17.79
Less: Provisions made in earlier years in respect of amounts
written off during the year, adjusted as per contra
–
16.16
1.47
1.63
Irrecoverable loans and advances written off
2.75
–
Less: Adjusted against provision for contingencies
2.75
–
–
–
Provision for diminution in value of investments
–
0.11
Provision for doubtful debts
0.41
–
Miscellaneous expenses
42.87
35.47
Obsolete and unserviceable material written down
0.61
1.87
Loss on assets sold, discarded or demolished
1.96
0.42
Debits relating to earlier years
0.07
0.59
141.28 110.03
SCHEDULE 14 INTEREST AND FINANCE CHARGES
2010-11
2009-10
Interest
On fixed loans*
18.16
21.98
Others
6.60
3.21
24.76
25.19
Discounting charges
0.70
0.50
25.46
25.69
* Includes
`
0.04 crore (Previous year
`
0.03 crore) being the interest paid to Chairman & Managing Director