Annual Report-FY 2012-13 - Timex Group India

31 March 2013 31 March 201220. Cost of raw materials and components consumedInventory of materials at the beginning of the year 1,329 1,191Purchases 7,156 10,034Inventory at the end of the year (1,294) (1,329)7,191 9,896Break-up of cost of raw materials and components consumedMovements 1,366 1,879Straps 963 1,328Other materials 4,862 6,6897,191 9,896Break-up of inventory- raw materials and componentsRaw materials and componentsMovements 83 170Straps 393 381Other materials 818 7781,294 1,32921. Purchase of stock-in-tradeWatches 255 471255 47122. Changes in inventories of finished goods, work-in-progress and stock-in-tradeInventory at the end of the yearTraded goods 25 21Work-in-progress 45 224Finished goods 2,338 2,5572,408 2,802Inventory at the beginning of the yearTraded goods 21 23Work-in-progress 224 112Finished goods 2,557 2,0372,802 2,172Excise duty related to increase and decrease in inventory of finished goods (41) 11(Increase)/decrease in inventory 353 (619)Traded goodsInventory at the end of the year 25 21Inventory at the beginning of the year 21 23(Increase)/decrease in inventory (4) 2Work-in-progressInventory at the end of the year 45 224Inventory at the beginning of the year 224 112(Increase)/decrease in inventory 179 (112)Finished goodsInventory at the end of the year 2,338 2,557Inventory at the beginning of the year 2,557 2,037(Increase)/decrease in inventory 219 (520)Excise duty related to increase and decrease in inventory of finished goods (41) 11353 (619)44(Rs. in lakhs)