2007-08 - Aditya Birla Nuvo, Ltd

SCHEDULESSCHEDULE 19 (Contd.)SIGNIFICANT ACCOUNTING POLICIES AND NOTES ON ACCOUNTS21. The following are included under other heads of expenses in theProfit and Loss Account:Current YearRs. CroresPrevious YearStores and Spares Consumed 11.37 14.79Salaries and Wages 0.42 0.35Welfare Expenses β βInsurance 0.60 0.02Rent — 1.24Depreciation 0.10 0.10Repair and Maintenance of Plant and Machinery — 0.04Power and Fuel — βMiscellaneous Expenses 0.04 0.0922. Details of Auditors’ RemunerationPayments to Statutory Auditors:Audit Fees 0.57 0.54For Taxation Matters 0.10 0.20For Tax Audit 0.13 0.10For Certification Work 0.22 0.27Reimbursement of Expenses 0.12 0.13Payments to Branch Auditors:Audit Fees 0.10 0.11For Taxation Matter 0.04 —For Certification Work 0.02 0.03Reimbursement of Expenses 0.03 0.02Payment to Cost Auditors:Audit Fees 0.02 0.02Reimbursement of Expenses β βGrand Total 1.35 1.42In the Previous Year Rs. 0.24 Crores has been paid for certification and valuation works, which are accounted inother heads of Accounts.(104)