2009-10 Annual Report - SPML

SPML INFRA LIMITEDSPML INFRA LIMITED (formerly Subhash Projects and Marketing Limited)SCHEDULES FORMING PART OF THE CONSOLIDATED PROFIT & LOSS ACCOUNT2009-10(Rs. In “000”)2008-09(Rs. In “000”)SCHEDULE 16 : (INCREASE) / DECREASE IN STOCKSa) Work In Progress- Opening 545,990 613,877- Closing (431,018) (545,990)114,972 67,887b) Finished Goods- Opening 1,457 2,347- Closing 1,457 (1,457)– 890Add: Proportionate Share in Joint Ventures 27,657* (93,651)*142,629 (24,874)* Net of Rs 20,482 thousands (Rs 19,788 thousands) being the impact of Prior Year Adjustments arising due to Non consideration of stock in a jointventure.SCHEDULE 17: PERSONNEL EXPENSESSalaries, Wages and Allowances 566,766 471,993Director’s Remuneration 49,311 44,737Contribution to Provident & Other Funds 33,491 26,579Gratuity 9,474 11,131Staff Welfare Expenses 17,673 18,787676,715 573,227Add : Proportionate Share in Joint Ventures 11,233 22,389687,948 595,616SCHEDULE 18 : ADMINISTRATION, SELLING & OTHER EXPENSESPower and Fuel 17,839 17,446Rent 84,386 70,880Rates and Taxes 15,481 18,312Insurance 54,760 57,288Repairs and Maintenance- Buildings 4,921 6,952- Plant and Machinery 11,627 4,133- Others 12,454 12,395Vehicle Running and Maintenance 63,414 61,131Travelling & Conveyance 56,646 49,319Professional Charges & Consultancy Fess 91,440 94,671Communication Expenses 23,632 20,255Advertisement expenses 7,326 13,703Charity & Donations 4,925 8,391Loss on sale/ discard of fixed assets (net) 14,379 711Loss on sale of Current Investments 1,950 –Auditor’s Remuneration- Audit Fee 4,429 4,314- Limited Review Fee 2,250 2,10082