Page 280 - BCML AR 2019-20

FINANCIAL STATEMENTS

Notes forming part of the Consolidated Financial Statements

Note No. : 34 Other expenses

(H in Lacs)
Particulars Year ended Year ended
31st March, 2020 31st March, 2019
Consumption of stores
Process chemicals 2884.53 3343.76
Others 258.28 3142.81 362.34 3706.10
Packing materials 3729.91 4520.87
Power and fuel 404.05 425.87
Rent 68.64 67.33
Repairs
Buildings 320.36 473.60
Machinery 6660.77 6019.96
Others 187.67 7168.80 191.97 6685.53
Insurance 775.21 537.22
Rates and taxes (excluding taxes on income) 508.17 574.27
Commission to non-executive directors 92.20 79.50
Directors’ fees 25.80 26.00
Payments to auditors
As auditor for statutory audit 45.00 45.00
For other services (Limited reviews and certifications) 21.00 66.00 15.20 60.20
Cost audit fees 3.50 3.50
Professional expenses # 606.75 5635.22
Freight and handling expenses 6100.01 2463.46
Brokerage and commission 587.25 494.18
Net loss on foreign currency transactions and translations - 110.80
Charity and donation 20.36 13.03
Corporate social responsibility expense [Refer Note No. 37(6)] 1092.89 293.44
Miscellaneous expenses [Refer Note No. 37(8)(d)] 5477.03 4810.33
Loss on sale/discard of property, plant and equipment (net) - 201.24
Claims receivable written off [Refer Foot Note (x) of Note No.37(8)] 262.94 -
Sundry debit balances/advances written off 196.59 63.74
Payment towards balances earlier written back 3.70 11.78
Transfer to storage fund for molasses 47.34 39.08
Provision for obsolescence /non-moving store and spares 3.56 97.36
30383.51 30920.05
# Includes expenses incurred towards fulfilment of export obligation 153.41 5343.84

278 | Balrampur Chini Mills Limited