SUBSIDIARY COMPANIES - ITC Ltd
SUBSIDIARY COMPANIES - ITC Ltd
SUBSIDIARY COMPANIES - ITC Ltd
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Notes to financial statements for the year ended 31 March 2012<br />
10. Inventories (valued at lower of cost and net realizable value)<br />
(Amount in ` '000)<br />
Particulars As at As at<br />
Raw Materials and Components<br />
(including stock-in-transit ` Nil<br />
31 March 2012 31 March 2011<br />
(31 March 2011: ` Nil)) (refer note 14) 8,006 4,770<br />
Work-in-progress (refer note 15) 1,139 —<br />
Finished Goods (refer note 15) 4,00,440 3,52,869<br />
Traded Goods (including stock-in-transit<br />
` Nil(31 March 2011: ` Nil)) (refer note 15) 11,099 11,022<br />
Stores and Spares 1,580 1,833<br />
4,22,264 3,70,494<br />
11. Cash and Cash equivalents<br />
(Amount in ` '000)<br />
Non-current Current<br />
Particulars As at As at<br />
31 March 31 March 31 March 31 March<br />
2012 2011 2012 2011<br />
Balances with Banks:<br />
On current accounts — — 1,220 1,080<br />
Cash on hand — — 21 50<br />
Other Bank balances<br />
Deposits with maturity for<br />
— — 1,241 1,130<br />
more than 12 months 10 10 — —<br />
76<br />
10 10 — —<br />
Amount disclosed under noncurrent<br />
assets (note 8.2) (10) (10) — —<br />
— — 1,241 1,130<br />
12. Revenue from Operations (Amount in ` '000)<br />
Particulars for the year ended for the year ended<br />
Revenue from Operations<br />
Sale of products<br />
31 March 2012 31 March 2011<br />
Finished Goods 4,55,933 4,64,849<br />
Traded Goods<br />
Other operating revenue<br />
26,026 11,634<br />
Sale of old empty bags 5,733 366<br />
Excess Provision written back 6,476 1,917<br />
Other 2,831 215<br />
Revenue from operations<br />
Details of products sold<br />
4,96,999 4,78,981<br />
(Amount in ` '000)<br />
Particulars for the year ended for the year ended<br />
Finished Goods sold<br />
31 March 2012 31 March 2011<br />
TECHNITUBER® Seed Potatoes 19,631 21,755<br />
Field Generated Seed Potatoes 4,35,886 4,43,094<br />
Banana Tissue Culture Plantlets 416 —<br />
Traded Goods sold<br />
4,55,933 4,64,849<br />
Field Generated Seed Potatoes 16,864 3,495<br />
Insecticides,Fungicides and Micronutrients 9,162 8,139<br />
26,026 11,634<br />
4,81,959 4,76,483<br />
13. Other Income<br />
Particulars<br />
Interest income on<br />
TECHNICO AGRI SCIENCES LIMITED<br />
(Amount in ` '000)<br />
for the year ended for the year ended<br />
31 March 2012 31 March 2011<br />
Bank deposits<br />
Dividend income on<br />
2 1<br />
Current investments 12,316 8,646<br />
Commission on Sales — 269<br />
Rental income 8,523 8,424<br />
Exchange difference (net) 1,760 976<br />
Profit on sale of assets 1 2<br />
Miscellaneous income 77 614<br />
10,361 10,285<br />
22,679 18,932<br />
14. Cost of Raw Material and<br />
Components Consumed<br />
Particulars for the year ended<br />
(Amount in ` '000)<br />
for the year ended<br />
31 March 2012 31 March 2011<br />
Inventory at the beginning of the year 4,770 4,526<br />
Add: Purchases 46,759 37,516<br />
51,529 42,042<br />
Less: inventory at the end of the year<br />
Cost of Raw Material and<br />
8,006 4,770<br />
Components Consumed 43,523 37,272<br />
Details of Raw Material and<br />
Components Consumed<br />
Particulars for the year ended<br />
(Amount in ` '000)<br />
for the year ended<br />
31 March 2012 31 March 2011<br />
Plantlets 545 248<br />
Chemicals and Fertilisers 3,054 1,937<br />
Packing stores 39,924 35,087<br />
43,523 37,272<br />
Details of Inventory<br />
Particulars As at<br />
(Amount in ` '000)<br />
As at<br />
Raw Materials and Components<br />
31 March 2012 31 March 2011<br />
Plantlets — —<br />
Chemicals and Fertilisers 398 955<br />
Packing stores 7,608 3,815<br />
8,006 4,770<br />
15. (Increase)/decrease<br />
in Inventories<br />
Particulars for the year ended<br />
(Amount in ` '000)<br />
for the year ended<br />
Inventories at the end of the year<br />
31 March 2012 31 March 2011<br />
Traded goods 11,099 11,022<br />
Work-in-progress 1,139 —<br />
Finished goods 4,00,440 3,52,869<br />
Inventories at the beginning of the year<br />
4,12,678 3,63,891<br />
Traded goods 11,022 1,893<br />
Work-in-progress — —<br />
Finished goods 3,52,869 3,38,595<br />
3,63,891 3,40,488<br />
(Increase)/decrease in Inventories (48,787) (23,403)
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