DRIVIN G ROWTH - Dr. Reddy's

120
schedules to the profit and loss account |
(All amounts in Indian Rupees thousands, except share data)
For the year ended For the year ended
March 31, 2002 March 31, 2001
schedule 16: personnel costs
Salaries, wages and bonus 787,633 602,126
Contribution to provident and other funds 67,093 62,661
Workmen and staff welfare expenses 151,195 99,194
1,005,921 763,981
schedule 17: operating and other expenses
Power and fuel 328,372 296,860
Repairs and maintenance
Buildings 24,915 20,646
Plant and machinery 185,130 187,802
Others 185,275 92,053
Rent 35,860 26,624
Rates and taxes 46,120 26,671
Insurance 31,235 23,658
Travelling and conveyance 106,036 97,941
Communication 42,615 39,958
Advertisements 27,299 60,336
Commissions on sales 79,929 68,434
Other selling expenses 1,152,641 818,242
Printing and stationery 37,809 21,246
Donations 43,117 22,396
Legal and professional 73,480 88,407
Bad debts written-off 32,311 74,085
Advances written-off – 5,943
Provision for bad and doubtful advances 8,056 –
Provision for bad and doubtful debts 78,880 12,516
Loss on sale of fixed assets 29,029 23,530
Directors’ sitting fees 280 127
Directors’ remuneration 204,483 66,816
Auditors’ remuneration 5,285 1,500
Amortisation of market development expenditure 11,748 55,650
Bank charges 32,458 30,989
Sundry expenses (Note 1) 123,486 79,922
2,925,849 2,242,352
NOTE 1: Sundry expenses include Rs. 500 (previous year Nil)
towards public issue expenses written-off.
schedule 18: finance charges
Interest on term loans 22,966 102,408
Interest on debentures 39,665 167,786
Other finance charges 46,354 132,570
schedule 19: provision for taxation
Current taxes
108,985 402,764
Domestic taxes
Deferred taxes
395,280 310,810
Domestic taxes (284,057) –
DR. REDDY’S LABORATORIES LTD. | FINANCIALS | ANNUAL REPORT 2001-2002
111,223 310,810