Annual Report 2011 - Ballarpur Industries Limited

ScheDUleS "I" tO "VIII" attached to and forming part of the profit & loss account for the year ended june 30, 2011
10. Remuneration paid / payable to chairman, Managing Director and Directors:
Particulars current Year
Salary (Including Commission of Rs 4,142 thousands) (previous Year Rs 21,859 thousands) payable both
to Executive & Non Executive Directors
70 Ballarpur IndustrIes lImIted I annual report 2010-11
(Rs. "000)
Previous Year
(Rs. "000)
53,067 90,206
Contribution to provident and Superannuation Funds 3,656 4,810
perquisites 965 7,370
57,688 102,386
Having regard to the fact that there is a global computation of Gratuity, the amount applicable to an individual employee is not ascertainable and
accordingly, contribution to Gratuity has not been considered in the above computation.
11. amount paid/payable to auditors
Particulars current Year
(Rs. "000)
Previous Year
(Rs. "000)
Audit Fee (Including Cost Audit Fee of Rs. 91 thousands) 3,644 3,413
In other Capacity 4,021 5,593
out of pocket Expenses 870 921
8,535 9,927
12. Depreciation charged for the year and debited to the profit & Loss Account includes Rs. 21,359 thousands (previous Year Rs. 14,653 thousands)
being depreciation on the revalued portion of Fixed Assets, since the Revaluation Reserve stood exhausted in the earlier years.
13. Segment Reporting
the Company has identified business segment as the primary segment after considering all the relevant factors. the Company's manufactured
products are sold primarily within India and as such there are no reportable geographical segment.
the Expenses, which are not directly identifiable to a specific business segment are clubbed under “Unallocated Corporate Expenses” and
similarly, the common assets and liabilities, which are not identifiable to a specific segment are clubbed under “Unallocated Corporate Assets/
Liabilities" on the basis of reasonable estimates.
amount (Rs in "000")
Particulars Year Paper Paper
Products &
office supplies
Revenues
Gross sale to External Customers 2010–11 6,791,682 4,237,870 11,029,552
Excise Duty 2010–11 (273,070) (165,306) (438,376)
Gross sale to External Customers 2009–10 6,684,354 3,906,778 10,591,132
Excise Duty 2009–10 (266,603) (118,750) (385,353)
total Segment Revenues (Net of Excise) 2010–11 6,518,612 4,072,564 10,591,176
2009–10 6,417,751 3,788,028 10,205,779
Segment Results 2010–11 670,813 285,077 955,890
2009–10 919,800 273,874 1,193,674
Less: Unallocated Corporate Expenses 2010–11 76,754
(Net of other income) 2009–10 96,413
profit Before Interest, tax and Exceptional items 2010–11 879,136
2009–10 1,097,261
Interest (Net of Income) 2010–11 374,731
2009–10 223,226
profit Before tax and Exceptional items 2010–11 504,405
Provision For tax
2009–10 874,035
- Current tax (Net of MAt Entitlement Credit) 2010–11 162,875
2009–10 251,201
total