Page 258 - BCML AR 2019-20

FINANCIAL STATEMENTS

Notes forming part of the Consolidated Financial Statements

Note No. : 4A Capital work-in-progress

(H in Lacs)
Particulars As at As at
31st March, 2020 31st March, 2019
Building, plant and equipment , electrical installations etc. in - progress
Additions during the year 24513.80 9715.83
(A) 24513.80 9715.83
Preoperative and trial run expenses
Additions during the year :
Cost of materials consumed 32.84 45.59
Employee benefits expense
Salaries and wages 87.95 13.27
Contribution to provident and other funds 7.99 1.22
Staff welfare expense 1.37 97.31 – 14.49
Finance costs
Interest [Refer Note No. 4(b)] 20.47 26.82
Depreciation expense 12.18 3.16
Other expenses
Consumption of stores
Process chemicals – 0.96
Others 0.09 0.09 0.02 0.98
Power and fuel 25.55 –
Insurance 1.15 0.03
Rates and taxes (excluding taxes on income) 9.48 1.46
Professional expenses 138.97 93.65
Miscellaneous expenses 52.04 227.28 5.39 101.51
(B) 390.08 191.57
Income during trial run :
Inter division transfers
Power 1.48 13.26
Credit during pre-operative / trial run :
Sales – 6.49
(C) 1.48 19.75
Total additions during the year D= (A+B-C) 24902.40 9887.65
Balance brought forward
Building, plant and equipment , electrical installations etc. in - progress (E) 4582.51 1125.21
F = (D+E) 29484.91 11012.86
Capitalised during the year (G) 28245.27 6430.35
Capital work-in-progress at the end of the year H= (F-G) 1239.64 4582.51
Note:
The Company has commissioned on 12th January, 2020, 160 KLPD zero discharge effluent waste distillery at Gularia unit along with 7.56
MW incineration boiler and corresponding cost included under (G) above has been capitalised and transferred to property, plant and
equipment.

256 | Balrampur Chini Mills Limited