127 / 148
125
(
`
cr)
NOTE 21 REVENUE FROM OPERATIONS
2013-14
2012-13
Sale of products
2,554.89
2,130.94
Sale of services
0.89
1.38
Other operating revenue:
Export incentives
47.62
26.08
Scrap sales
5.22
6.59
Commission
0.20
0.05
Processing charges
5.48
3.76
2,614.30
2,168.80
Less: Excise Duty
156.55
125.92
2,457.75
2,042.88
(
`
cr)
NOTE 22 OTHER INCOME
2013-14
2012-13
Dividend on long-term investments*
23.41
3.41
Dividend on short-term investments
0.02
–
Interest from inter Company deposits
–
0.01
Interest from others
1.09
0.28
Provisions no longer required
4.53
5.17
Surplus on sale of fixed assets
0.39
0.86
Exchange rate difference and Derivatives gain |(loss)
3.25
1.83
Miscellaneous income
3.58
5.06
36.27
16.62
* Includes a one-time special dividend of
`
19.86 cr received from a Company, prior to its proposed merger with
another Company.
(
`
cr)
NOTE 23 CHANGES IN INVENTORIES OF FINISHED GOODS,
WORK-IN-PROGRESS AND STOCK-IN-TRADE
2013-14
2012-13
Stocks at close
Finished goods
181.39
146.44
Work-in-progress
106.81
74.75
Stock-in-trade
3.04
2.75
291.24
223.94
Less: Stocks at commencement
Finished goods
146.51
118.78
Work-in-progress
74.75
78.10
Stock-in-trade
2.75
3.45
224.01
200.33
(67.23)
(23.61)
Excise duty variation on opening | closing stocks
2.72
2.78
(Increase) | decrease in inventories
(64.51)
(20.83)
Notes
to the Consolidated Financial Statements