2011-12 - Diamines And Chemicals Limited

For theFor theYear ended Year endedMarch 31, 2012 March 31, 2011` ` `26. Other ExpensesStores and Spares Consumed 8,883,605 3,689,687Power and Fuel 71,339,595 91,254,788Rent 43,600 7,600Repairs and MaintenanceBuilding 814,809 1,993,243Machinery 8,385,669 11,790,780Others 875,337 3,528,01310,075,815 17,312,036Insurance 1,684,810 1,404,698Rates and Taxes 550,156 433,880Job Work Charges 10,174,814 6,723,598Travelling and Conveyance 6,664,553 3,822,887Director’s Fees 1,430,000 1,114,000Commission to Directors 965,919 2,078,539Legal and Professional Charges 4,206,805 3,911,559Net loss on Foreign Currency Transactions and Translations 10,104,743 3,677,335Auditors’RemunerationAudit Fees 300,000 300,000Tax Audit Fees 80,000 95,000Certification Work 215,000 185,000595,000 580,000Miscellaneous Expenses 15,676,282 12,705,588142,395,697 148,716,19426.1 Other Expenses include expenses incurred onWindmill Power generation as under:Repairs and Maintainance - Machinery 3,416,100 2,502,535Rates and Taxes 48,885 57,0003,464,985 2,559,53526.2 Expenses incurred on Research and Development duringthe year are included in the Statement of Profit and Loss as under:Employee Benefit Expenses (In Note 24)Salaries, Wages and Bonus 1,438,921 1,205,762Contributions to Provident and Other Funds 100,688 101,441Staff Welfare Expenses 4,500 6,6001,544,109 1,313,803Cost of Materials Consumed (In Note 22) 285,591 NILDepreciation (In Note 11) 104,277 79,160Other Expenses (In Note 26)Stores and Spares Consumed 673,624 524,8422,607,601 1,917,80539