197 / 236
195
annual
report
20
16-17
kajaria
ceramics
corporate
overview
management
reports
Financial
statements
(
`
in crores)
31 March 2017
31 March 2016
Salaries, wages and amenities
270.52
237.28
Contribution to provident fund and other funds
10.88
9.95
Stock compensation expenses
1.86
0.84
Staff welfare expenses
5.45
4.21
Total
288.71
252.28
25. Employee benefits expense
(
`
in crores)
31 March 2017
31 March 2016
Interest on debt and borrowings
32.65
32.40
Other ancilliary bporrowing cost
1.35
2.06
Total
34.00
34.46
26. Finance Costs
(
`
in crores)
31 March 2017
31 March 2016
Depreciation of property, plant and equipments (refer note 3)
80.49
71.94
Amortisation of intangible assets (refer note 4)
0.90
0.67
81.39
72.61
27. Depreciation and amortisation expense
Notes on the consolidated financial statements
for the year ended 31 March 2017
(
`
in crores)
31 March 2017
31 March 2016
Rent
13.52
10.63
Rates & Taxes
0.99
1.39
Traveling & Conveyance Expenses
30.31
27.16
Insurance Charges
3.42
2.41
Legal & Professional Charges
8.57
6.42
Auditors' Remuneration :
- As Audit Fees
0.42
0.40
- For Tax Audit, Certification & Tax Representations
0.17
0.11
- For Other Matters
0.07
0.13
Stores and Spares Consumed
88.91
89.05
Power and Fuel
448.02
480.48
Excise Duty Variance on opening and closing Stocks
(1.29)
13.71
Repairs & maintenance
- Building
6.27
5.55
- Machinery
13.52
10.99
- Others
3.96
3.55
Packing Freight & Forwarding Expenses
85.95
90.98
Advertisement, Publicity & Sales Promotion
79.93
56.90
Sales Commission
18.30
17.21
Loss on Sale / Scrapping of Property, Plant & Equipment
3.91
5.51
Provision for bad & doubtful debts
0.35
0.56
CSR Expenses (refer note 47)
3.37
3.59
Research & Development Expenses (refer note 48)
10.92
8.13
Miscellaneous expenses
25.57
22.50
845.16
857.36
28. Other expenses