president & cfo - UB Group

Consolidated Financial StatementSchedules forming part of Profit & Loss Account for the year ended March 31, 2009 (Contd.)Rs. Million2009 200816. MaNufacturiNg aNd OthEr EXpENsEsEmployee Cost:Salaries, Wages and Bonus 4,174.779 3,748.690Contribution to Provident and Other Funds 441.248 408.542Workmen and Staff Welfare 132.447 117.749Voluntary Retirement Scheme Compensation - 4.053Actuarial Loss/ (Gain) on Pension 1,746.228 (975.539)6,494.702 3,303.495Direct Expenses on IPL Franchise 411.571 -Power and Fuel 706.332 444.233Stores and Spares Consumed 130.584 110.942Repairs and Maintenance:Buildings 87.824 71.483Plant and Machinery 182.926 155.477Others 217.315 136.034Rent 107.924 281.236Rates and Taxes 457.318 417.433Insurance 133.719 117.390Travelling and Conveyance 640.265 561.727Legal and Professional 656.441 633.271Freight Outwards 1,008.744 815.710Advertisement and Sales Promotion 5,378.471 4,781.123Commission on Sales 390.848 405.644Royalty/ Brand Fee/ Trade Mark Licence Fees 60.032 96.925Cash Discount 363.748 206.742Sales Tax 194.732 142.850Fixed Assets Written Off 0.010 16.949Loss on Sale of Investments - 5.798Directors’ Remuneration:Sitting Fee 1.180 2.311Commission 48.727 51.044Bad Debts and Advances Written Off 19.289 187.060Provision for Doubtful Debts/ Advances / Deposits 212.444 135.350Provision for Onerous Lease 403.578 -Provision for Diminution in Value of Investments (Net) 0.031 0.051Research and Development 30.536 28.779Others:Personnel and Administration 415.636 360.199Selling and Distribution 977.023 947.971Miscellaneous 335.679 253.08520,067.629 14,670.31289