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Atul Ltd | Annual Report 2014-15
(
`
cr)
NOTE 26 FINANCE COSTS
2014-15
2013-14
Interest on borrowings
20.98
26.81
Interest on income tax
–
0.60
Interest on others
1.92
2.40
Other borrowings cost
0.74
0.60
Applicable exchange difference to the extent considered as an
adjustment to borrowing cost
–
1.02
23.64
31.43
(
`
cr)
NOTE 27 OTHER EXPENSES
2014-15
2013-14
Consumption of stores and spares
39.23
32.69
Power, fuel and water
294.42
277.99
Conversion and plant operation charges
34.97
33.39
Building repairs
17.15
15.04
Plant and equipment repairs
57.70
61.77
Sundry repairs
6.85
6.84
Rent
1.88
1.40
Rates and taxes
1.42
1.72
Insurance
5.06
5.18
Freight, cartage and octroi
70.62
62.27
Discount and commission
20.57
22.19
Travelling and conveyance
13.38
12.00
Payments to the Statutory Auditors
a) Audit fees
0.33
0.33
b) Other matters
0.11
0.15
c) Out of pocket expenses
0.01
0.01
Payments to the Cost Auditors
a) Audit fees
0.02
0.03
b) Out of pocket expenses (Current year: Nil and
Previous year:
`
19,360)
–
Directors’ fees and travelling
0.22
0.23
Directors’ commission (other than the Executive Directors)
0.64
0.74
Bad debts and irrecoverable balances written off
1.75
1.33
Provision for doubtful debts
0.98
0.56
Provision for diminution in value of investment
0.02
0.44
Loss on assets sold, discarded or demolished
0.78
0.01
Contribution to Corporate Social Responsibility initiatives
3.95
–
Miscellaneous expenses
76.46
64.40
648.52
600.71
Consumption of stores and spares:
Category
2014-15
2013-14
`
cr
%
`
cr
%
Imported
13.01
33%
6.85
21%
Indigenous
26.22
67%
25.84
79%
39.23
100%
32.69
100%
Notes
to the Financial Statements