Annual Report 2006-2007 - Gammon India

SCHEDULE 14
ESTABLISHMENT EXPENSES
59
12 months
April 2006 - March 2007
Annual Report 2006-2007
15 months
January 2005 - March 2006
Rs. in Crores Rs. in Crores Rs. in Crores Rs. in Crores
Electricity Charges 0.71 0.88
Rent 0.05 0.03
Salaries including Provision for Commission and Bonus 19.03 16.94
Contribution to Employees’ Provident Fund, ESIS & Other Funds 2.83 3.18
Contribution to Gratuity Fund 0.65 0.86
Staff welfare expenses 0.38 0.43
Insurance 3.62 2.34
Rates and Taxes 0.63 0.42
Communication Expenses 1.87 1.92
Travelling, Leave Passage and Motor Car Expenses 1.93 1.53
Professional Fees 3.97 4.65
General Charges 1.05 2.00
Repairs & Maintainence 2.60 1.75
Auditors Remuneration :
– Audit Fees including Tax Audit Fees & Consolidation 0.31 0.24
– Limited Review 0.03 0.02
– Certification 0.01 0.01
– Managerial Services – 0.01
0.35 0.28
Write off against Leasehold Land 0.02 –
Bad Debts written off 3.18 0.47
Foreign Exchange Loss 0.29 2.01
Loss on Sale of Assets 0.20 0.06
SCHEDULE 15
FINANCIAL COST (NET)
12 months
April 2006 - March 2007
43.36 39.75
15 months
January 2005 - March 2006
Rs. in Crores Rs. in Crores Rs. in Crores Rs. in Crores
INTEREST EXPENSED ON
Fixed Period Loans 12.46 26.48
Other Loans 28.65 32.61
Other Finance Charges 1.07 1.90
42.18 60.99
Less : INTEREST EARNED ON
Fixed Deposits with Banks
(TDS Rs. 1.53 Crores; Previous Year Rs. 0.04 Crores)
7.17 0.33
Fixed Deposits with Joint Stock Companies
(TDS Rs. 1.88 Crores; Previous Year Rs. 1.39 Crores)
8.31 6.43
Others (TDS Rs. 0.53 Crores; Previous Year Rs. 0.44 Crores) 13.13 7.13
28.61 13.89
13.57 47.10