Notes on
Accounts
31.
Year ended
Year ended
31.03.2014
31.03.2013
`
in million
`
in million
A) Expenditure in Foreign Currency (on accrual basis) :
B $PNNJTTJPO PG &YQPSU 4BMFT
b) Others including travel etc.
27.41
40.15
B) Payment of Dividend in Foreign Currency pertaining to :
F.Y. 2013-14
F.Y. 2012-13
t /P PG QFSTPOT
t /P PG TIBSFT
t "NPVOU JO
`
95490
79,575
33. VALUE OF IMPORTED AND
INDIGENOUS RAWMATERIAL
CONSUMED AND THE PERCENTAGE
OF EACH TO TOTAL CONSUMPTION:
2013-14
2012-13
%
(
`
million)
%
(
`
million)
Imported
1.89%
51.85
4.40%
126.24
Indigenous
98.11%
2696.81
95.60%
2741.02
'0# 7BMVF PG &YQPSUT
32. EARNINGS IN FOREIGN CURRENCY :
34. DUES TO SMALL, MICRO & MEDIUM ENTERPRISES #:
2013-14
2012-13
`
in million
`
in million
1. Principal amount outstanding
110.11
149.16
2. Interest due on (1) above and the unpaid interest
–
–
3. Interest paid on all delayed payments under MSMED Act
–
–
4. Payment made beyond the appointed date during the year
–
–
5. Interest due and payable for the period of delay other than (3) above
–
–
6. Interest accrued and remaining unpaid
–
–
7. Amount of further interest remaining due and payable in succeeding years
–
–
# The details of amounts outstanding to Micro, Small and Medium Enterprises under the Micro, Small and Medium Enterprises
Development Act, 2006 are as per available information with the Company.
35.
As per policy of the Company for Directors and other senior employees, the Company has, during the year, paid a sum of
`
5
million on account of insurance premium under the employer employee policy obtained on the life of key directors and the same
lies debited under the head ‘Insurance Charges’. The policy may be assigned in the name of the insured in future. In such an
event of assignment of the policy, the same shall be treated as perquisite in the hands of the key personnel.
36.
#BMBODFT PG DFSUBJO EFCUPST DSFEJUPST MPBOT BOE BEWBODFT BSF TVCKFDU UP DPOmSNBUJPO
37.
In the opinion of the Management current assets, loans and advances have a value on realisation in the ordinary course of
CVTJOFTT BU MFBTU FRVBM UP UIF BNPVOU BU XIJDI UIFZ BSF TUBUFE FYDFQU XIFSF JOEJDBUFE PUIFSXJTF
38.
The Company was setting up a ceramic tile unit in Ethiopia and accordingly, had incorporated a subsidiary, Kajaria Ceramics Addis
Plc. in Ethiopia. The Company had invested an amount of
`
30.3 million in the subsidiary by way of Equity and Advances. Due to
adverse change in the business environment, the Company had abandoned the project and created a provision of
`
30.3 million
towards the loss of investment in the subsidiary in the previous year. Pursuant to resolution passed in the meeting of board of
66
Kajaria Ceramics Limited
