GAMMON INDIA LIMITED

Description 31/12/2008 31/12/2007 Changes
Other accruals
Miscellaneous running costs 241.390 226.539 14.851
TOTAL 32.828.785 26.923.446 5.905.339
Costs of raw materials, subsidiary materials, consumables and goods and costs of services
They are closely related to what has been set out in the Directors’ report and to point A (Revenue) of the Profit and
loss account.
Personnel costs
This item includes all employee costs, including bonuses, promotions, cost-of-living increases, untaken holidays and
the provisions made pursuant to the law and the national collective labour agreements.
Depreciation of tangible assets
Depreciation has been calculated on the basis of the useful life of the assets and their contribution to the production
process.
Miscellaneous running costs
The item includes the amount of 186,509 EURO concerning the payment of different duties and taxes in the Ghana,
Benin and Algerian branches, as well as the amount of 23,941 EURO for fines and sanctions, the amount of 4,280
EURO for waste tax and the amount of 26,650 EURO for other expenses.
C) Financial income and costs
Value at 31/12/2008 Value at 31/12/2007 Changes
(325.441) 8.904 (334.345)
Description
Income from shareholdings
Income from accounts receivables recorded
among fixed assets
Income from securities recorded among fixed
assets
31/12/2008 31/12/2007 Changes
Income from securities recorded among current
16.200 (16.200)
assets
Other income 104.123 100.774 3.349
(Interest and other financial costs) (564.093) (125.743) (438.350)
Exchange gains and losses 134.529 17.673 116.856
TOTAL (325.441) 8.904 (334.345)
Other financial income
Description Controlling Controlled Affiliated Other Total
Bond interest
Interest from securities
companies undertakings undertakings
Bank and postal interest
Interest from customers
Loan interest
103.958 103.958
Other proceeds 164 164
Rounding off 1 1
F
124