annual report 2011-12 - Heavy Engineering Corporation Limited

39
ANNUAL REPORT 2011-12
NOTES FORMING PART OF STATEMENT OF PROFIT & LOSS
` in Lakhs
2011-12 2010-11
NOTE NO. - 27
OTHER EXPENSES
(A) Manufacturing Service Cost
Water, Power & Fuel 2231.18 2374.16
Repairs & Maintenance
Plant & Machinery 199.85 357.73
Buildings 57.26 89.69
Others 166.55 423.66 58.92 506.34
Insurance 100.09 94.76
Excise Duty 242.96 265.68
Wealth Tax 0.19 0.23
Consultancy and Legal Expenses 20.82 23.48
Municipal Tax/Charges 9.45 9.19
SUB TOTAL (A) 3028.35 3273.84
(B) Manufacturing & Other Operating Expenses
Machining & Assembly charges 603.43 676.38
Fabrication Charges 8.97 8.61
Job Done by outside Agencies 2953.77 2257.42
Turnkey Project Expenses 2247.28 4361.52
Other Charges For Production 513.79 6327.24 370.76 7674.69
Less: Interplant Transfer (Services) 565.66 608.28
SUB TOTAL (B) 5761.58 7066.41
(C) Administration, Selling & Distribution Expenses
Rent 19.18 13.75
Electricity & Drinking Water Expenses 747.68 971.21
Security Expenses (CISF & Others) 1284.54 1267.08
Travelling & Conveyance Expenses 219.10 200.84
Bank Charges 226.04 129.83
Miscellaneous Expenses 326.39 302.55
Motor Vehicle Running Expenses 135.74 121.14
LD Deducted and Charged 935.19 398.88
Sales Promotion 125.93 130.10
Auditor's Remuneration
Audit Fees 1.44 1.44
Tax Audit Fees 0.20 0.20
Service Tax 0.00 1.64 0.17 1.81
Training Expenses 3.53 7.22
SUB TOTAL (C) 4024.96 3544.41
(D) Other Provisions / Expenses Written Off
Provision for Bad & Doubtful Debts 414.18 613.18
Provision for Bad & Doubtful Advances 21.60 91.86
Provision for Warranty Expenses 365.54 346.27
Miscellaneous Provisions 123.64 215.16
Miscellaneous Losses Written Off 0.00 924.96 735.27 2001.74
SUB TOTAL (D) 924.96 2001.74
GRAND TOTAL (A+B+C+D) 13739.85 15886.40