77 / 132
(
`
crores)
Schedules
forming part of the accounts
6 Managerial Remuneration (contd)
(ii) Directors’ commission:
1% of the profit computed above
`
1.42 crores
Maximum upto
`
0.50 crore
0.50
0.27
(b) Details of payments and provisions on account of remuneration to Managing Directors included in the
respective heads of expenditure in Profit and Loss Account are as under:
Chairman & Managing Directors
2010-11 2009-10
Particulars
(i) Salary
0.73
0.73
(ii) House rent allowance
0.03
0.03
(iii) Commission
1.34
1.25
(iv) Gratuity
0.04
0.03
(v) Contribution to Provident and other Funds
0.19
0.20
(vi) Perquisites
0.16
0.17
Total
2.49
2.41
Estimated monetary value of perquisites to Managing Directors on account of furniture
`
46,911
(Previous year
`
46,911)
(c) Details of payments and provisions on account of remuneration to Whole time Director included in the
respective heads of expenditure in Profit and Loss Account as under:
Whole time Director
2010-11
2009-10
Particulars
(i) Salary
0.23
0.22
(ii) Other allowances
0.27
0.23
(iii) Gratuity
0.01
0.01
(iv) Contribution to Provident and other Funds
0.06
0.06
(v) Perquisites
0.05
0.04
Total
0.62
0.56
Estimated monetary value of perquisites to Whole time Director on account of furniture
`
7,500 (Previous
year
`
7,500)
7 Details of raw materials consumption and goods traded in
(a) Raw materials consumption:
There is no individual item contributing more than 10% of raw material consumption.
(b) Imported and indigenous raw materials consumption:
Category
`
crores
%
`
crores
%
Imported
314.08
35.42
200.42
30.27
Indigenous
572.75
64.58
461.70
69.73
Total
886.83
100.00
662.12
100.00
(c) Goods traded in purchases:
There is no individual item contributing more than 10% of trading goods purchases.
SCHEDULE 16 NOTES FORMING PART OF THE ACCOUNTS
(contd)
74 | 75