Page 279 - BCML AR 2019-20

BALRAMPUR CHINI MILLS LIMITED

Notes forming part of the Consolidated Financial Statements

Note No. : 31 Employee benefits expense

(H in Lacs)
Particulars Year ended Year ended
31st March, 2020 31st March, 2019
Salaries and wages 22547.21 20612.69
Contribution to provident, gratuity and other funds 2456.45 2163.42
Employee stock option expense [Refer Note No. 37(3)] - (9.49)
Staff welfare expense 399.90 279.17
25403.56 23045.79
Less: Recovery towards deputation of employee 3.95 -
25399.61 23045.79

Note No. : 32 Finance costs

(H in Lacs)
Particulars Year ended Year ended
31st March, 2020 31st March, 2019
Interest
On long term borrowings 1874.94 748.99
On short term borrowings 4452.22 3152.22
Others * 52.74 6379.90 145.04 4046.25
Other borrowing costs 37.12 47.26
6417.02 4093.51
* Includes interest on statutory dues 4.33 2.71
* Includes interest on shortfall in payment of advance income-tax 21.94 133.86

Note No. : 33 Depreciation and amortisation expense

(H in Lacs)
Particulars Year ended Year ended
31st March, 2020 31st March, 2019
Depreciation and amortisation of property, plant and equipment
[Refer Note No. 4] 10061.48 9484.56
Amortisation of intangible assets [Refer Note No. 5] 80.25 100.57
10141.73 9585.13

Annual Report 2019-20 | 277