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GAMMON INDIA LIMITED

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Franco Tosi Meccanica S.p.A.<br />

Nota 19. PRODUCTION COSTS<br />

12.31.2008 12.312007<br />

Total Total<br />

Raw materials and Consumables 51,761,054 54,693,045<br />

Personnel expenses 26,374,157 26,387,109<br />

Depreciation and Amortization 6,690,216 6.325,866<br />

Other costs 32,749,043 44,611,182<br />

Total 117,574,470 132,017,202<br />

Raw materials and consumable materials used<br />

12.31.2008 12.31.2007<br />

Total Total<br />

Purchase for raw, ancill. Materials and Consum. 47,470,123 55,817,204<br />

Change in invent. of raw materials 4,290,931 (1,124,159)<br />

Total 51,761,054 54,693,045<br />

The item “raw materials and consumable materials” refers mainly to the costs associated with on-<br />

going orders.<br />

Personnel costs<br />

12.31.2008 12.31.2007<br />

Total Total<br />

Wages and salaries 18,340,913 18,342,350<br />

Social security 6,265,031 6,250,128<br />

Employee’s leaving indemnity 1,631,016 1,794,024<br />

Other costs 137,197 607<br />

Total 26,374,157 26,387,109<br />

24/26<br />

F<br />

97

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