187 / 236
185
(
`
cr)
Note 27 Finance costs
2016-17
2015-16
Interest on borrowings
18.11
21.82
Interest on financial liabilities at amortised cost
1.11
1.19
Interest on others
4.40
1.03
Other borrowings cost
0.52
0.69
Exchange difference (net)
1.03
2.80
25.17
27.53
(
`
cr)
Note 28 Other expenses
2016-17
2015-16
Consumption of stores and spares
45.87
39.22
Power, fuel and water
322.91
270.50
Conversion and plant operation charges
32.76
37.26
Building repairs
15.83
19.81
Plant and equipment repairs
52.25
59.35
Sundry repairs
7.54
7.12
Rent
2.97
2.83
Rates and taxes
1.33
1.32
Insurance
7.47
6.97
Freight, cartage and octroi
70.17
62.14
Commission
3.30
4.33
Travelling and conveyance
17.11
15.78
Payments to the Statutory Auditors
a) Audit fees
0.75
0.48
b) Tax matters
0.09
0.07
c) Other matters
0.42
0.47
d) Out of pocket expenses
0.02
0.02
Payments to the Cost Auditors
a) Audit fees
0.02
0.02
b) Other matters (Current year:
`
7,000)
–
c) Out of pocket expenses (Current year:
`
17,970 and Previous year:
`
21,315)
Directors’ fees and travelling
1.71
1.42
Directors’ commission (other than the Executive Directors)
0.85
0.86
Manpower services
33.80
27.73
Bad debts and irrecoverable balances written off
2.07
1.57
Allowance for doubtful debts written off | (written back)
–
1.24
Loss on assets sold, discarded or demolished
0.20
1.62
Expenditure on Corporate Social Responsibility initiatives
6.72
5.40
Exchange rate difference - loss
5.48
0.24
Miscellaneous expenses
57.23
49.99
688.87
617.76
Notes
to the Consolidated Financial Statements