185 / 220
183
Notes
to the Consolidated Financial Statements
(
`
cr)
Note 27 Finance costs
2017-18
2016-17
Interest on borrowings
7.38
18.11
Interest on financial liabilities at amortised cost
1.02
1.11
Interest on others
3.85
4.40
Other borrowings cost
0.49
0.52
Exchange difference (net)
–
1.03
12.74
25.17
(
`
cr)
Note 28 Other expenses
2017-18
2016-17
Power, fuel and water
348.92
322.91
Freight, cartage and octroi
95.57
70.17
Manpower services
37.38
33.80
Consumption of stores and spares
47.29
45.87
Conversion and plant operation charges
41.67
32.76
Plant and equipment repairs
55.41
52.25
Building repairs
19.01
15.83
Sundry repairs
7.76
7.54
Rent
2.77
2.97
Rates and taxes
1.35
1.33
Insurance
5.99
7.47
Commission
8.49
3.30
Travelling and conveyance
17.91
17.11
Payments to the Statutory Auditors
a) Audit fees
0.70
0.75
b) Tax matters
0.09
0.09
c) Other matters
0.34
0.42
d) Out of pocket expenses
0.05
0.02
Payments to the Cost Auditors
a) Audit fees
0.03
0.02
b) Other matters (Previous year:
`
7,000)
–
c) Out of pocket expenses (Current year:
`
15,432 and Previous year:
`
17,970)
Directors' fees and travelling
1.79
1.71
Directors' commission (other than the Executive Directors)
0.86
0.85
Bad debts and irrecoverable balances written off
0.32
2.07
Loss on assets sold, discarded or demolished
0.12
0.20
Expenditure on Corporate Social Responsibility initiatives
7.63
6.72
Exchange rate difference - loss
–
5.48
Miscellaneous expenses
72.28
57.23
773.73
688.87