2010-11 - Grasim

GRASIM BHIWANI
TEXTILES LIMITED
SCHEDULES FORMING PAR
ART OF BALANCE SHEET AS AT MARCH, 2011
(Contd.)
SCHEDULE-8
As At
As At
31st March,
31st March,
CASH
AND BANK BALANCES
2011 2010
Cash Balance on hand 6.11 0.90
Bank Balances:
With Scheduled Banks:
In Current Accounts (Including cheque
under collection) 25.25 3.48
31.36
.36 4.38
SCHEDULE-9
As At
As At
31st March,
31st March,
LOAN
AND ADVANCES ANCES (Considered Good) 2011 2010
Unsecured
Deposits and Balances with Govt.
and other Authorities 75.95 75.54
Other Deposits 69.82 71.92
Advance recoverable in cash or in kind
or for value to be received 1959.19 1731.26
2104.96
1878.72
SCHEDULE-10
As At
As At
31st March,
31st March,
CURRENT LIABILITIES 2011 2010
Sundry y Creditors
a) Micro, Small and Medium Enterprises
(To the extent identified with
available information) - -
b) Others 3252.83 1805.16
Security and other Deposits 471.78 424.60
Other Liabilities 3077.30 2908.20
(Including Advances from Customer
Rs. 225.6 Lacs, Previous year Rs 103.69 lacs)
6801.90
5137
37.96
SCHEDULE-11
As At
As At
31st March,
31st March,
PROVISIONS
2011 2010
Provision for Retirement Benefits 297.81 325.20
Provision for Taxation 0.59 1.10
298.40 326.30
SCHEDULE-12
For the year
For the Year
ended 31st
ended 31st
INTEREST T INCOME
March, 2011 March, 2010
Others
Interest(Gross)on
Bank and other Accounts 156.53 96.82
SCHEDULE-13
OTHER INCOME
156.53 96.82
For the year
For the Year
ended 31st
ended 31st
March, 2011 March, 2010
Export Incentives 523.94 404.82
Rent Received 0.83 0.61
Power Sales 184.30 421.22
Insurance Claims 6.11 135.37
Profit on sale of Fixed Assets (Net) 73.96 -
Excess Provision written back (Net) 93.12 10.55
Bad Debt Recovered 5.00 0.25
Scrap Sales 260.09 243.69
Miscellaneous Receipts 374.01 325.17
Gain on Foreign Currency Transactions (Net) 67.27 37.26
1588.61 1578.94
SCHEDULE-14
For the year
For the Year
ended 31st
ended 31st
March, 2011 March, 2010
INCREASE/(DECREA
SE/(DECREASE)
SE)
IN STOCKS
Closing Stock
Finished Goods 3233.29 2613.34
Process Stock 2320.94 1684.26
Waste / Scrap 2.16 1.16
5556.39 4298.76
Opening Stock
Finished Goods 2613.34 2,473.62
Process Stock 1684.26 962.92
Waste / Scrap 1.16 4298.76 5.98 3442.51
Increase/(Decrease) in Stocks
1257
257.63
856.25
SCHEDULE-15
For or the year
For the Year
ended 31st
ended 31st
RAW MATERIAL CONSUMED
March, 2011 March, 2010
Opening Stock 651.58 438.03
Add : Purc
urchase and
Incidental Expenses 13315.68 10386.81
13967.26 10824.84
Less : Closing Stock 936.98 651.58
13030.28 10173.26
SCHEDULE-16
For the year
For the Year
ended 31st
ended 31st
MANUFACTURING EXPENSES
March, 2011 March, 2010
Consumption of Stores, Spare Parts and Components,
Packing materials and Incidental expenses 2073.47 1716.21
Power & Fuel 3260.18 2842.73
Processing Charges 2971.24 1753.91
Repairs to Buildings 72.72 71.82
Repairs to Machinery
(excluding Spare Parts and Components) 119.95 185.69
Repairs Other Assets 54.84 39.83
SCHEDULE-17
8552.41 6610.20
For the year
For the Year
ended 31st
ended 31st
March, 2011 March, 2010
PAYMENTS
TO AND
PROVISIONS FOR EMPLOYEES
Salaries, Wages & Bonus, etc. 3528.82 3373.87
Contribution to Provident and Other Funds 292.04 263.76
Welfare Expenses 110.02 88.52
SCHEDULE-18
3930.88 3726.15
For the year
For the Year
ended 31st
ended 31st
March, 2011 March, 2010
SELLING, DISTRIBU
TRIBUTION,
TION,
ADMINISTRA
TRATION
TION AND OTHER EXPENSES
Commission to C & F Agents 842.46 669.49
Brokerage and Discount 487.89 453.55
Freight Handling & Other Expenses 493.57 376.65
Advertisements and Publicity 826.78 786.49
Sales Promotion 435.95 402.46
Insurance 83.75 56.59
Recruitment Expenses 19.64 11.76
Rent (Including lease rent) 57.03 83.03
Rates & Taxes 22.96 23.99
Stationery, Printing, Postage and Telephone Expenses 137.07 146.78
Travelling and Conveyance 306.36 276.48
Legal & Professional Charges 47.01 206.82
Internal Audit Expenses 0.15 0.24
Statutory Audit Fees 1.32 1.20
Statutory Audit Expenses 1.39 2.15
Cost Audit Fees 0.74 0.68
Retail stock verification fee 6.07 3.98
Loss on sale of Fixed Assets (Net) 0.00 7.79
Directors’ Fee 0.80 0.70
Bad Debts wirtten off - 51.95
Miscellaneous Expenses 232.14 184.61
Donation - General 0.60 1.54
4003.68
03.68 3748.93
SCHEDULE-19
For the year
For the Year
ended 31st
ended 31st
INTEREST
March, 2011 March, 2010
On Fixed Loan 317.14 320.24
(Net off TUF Subsidy of Rs 323.12 Lacs,
Previous Year Rs 325.94 lacs)
On Other Accounts 97.47 261.28
414.61 581.52
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