NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2017

NOTE 18 : REVENUE FROM OPERATIONS

Particulars
Sale of Products
Sale of Services
Other Operating Revenues:
Export Incentives
Miscellaneous
Scrap Sales

NOTE 19 : OTHER INCOME

Particulars
Interest Income
Dividend Income
Net gain on sale of Investments classified as FvTPL
Net gains on fair value changes on financial assets classified as FvTPL
Other Non-Operating Income:
Miscellaneous Income

NOTE 20 : COST OF MATERIALS CONSUMED

Particulars
Opening Stock of Raw Materials
Purchases during the year
Closing Stock of Raw Materials
 ` in Crores
Year Ended Period Ended
31.03.2017 31.03.2016
14830.82 22359.14
32.42 36.01

20.67 17.09
0.2 8.9
38.69 69.88
14922.8 22491.02
Year Ended Period Ended
31.03.2017 31.03.2016
33.66 70.62
0.02 0.28
0.01 74.25
277.14 173.66

26.55 4.78
337.38 323.59
Year Ended Period Ended
31.03.2017 31.03.2016
741.7 771.16
7960.82 11219.67
(1022.57) (741.70)
7679.95 11249.13
163
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2017
NOTE 21 : CHANGES IN INVENTORIES OF FINISHED GOODS, WORK-IN-PROGRESS AND STOCK-IN-TRADE

Particulars
Closing Stock:
Finished Goods
Work-in-Progress
Stock-in-Trade

Less: Opening Stock:

Finished Goods
Work-in-Progress
Stock-in-Trade

Differential Excise Duty on Opening and Closing stock of Finished Goods

NOTE 22 : EMPLOYEE BENEFITS EXPENSE

Particulars
Salaries and Wages
Contribution to provident and other funds
Staff welfare expenses

NOTE 23 : FINANCE COSTS

Particulars
Interest on Loans and Deposits
Interest on Debentures
Interest on Deferred Payment Credit
Other Borrowing Costs;
unwinding of discount relating to Long Term Liabilities

164
 ` in Crores
Year Ended Period Ended
31.03.2017 31.03.2016

877.09 732.64
222.59 148.44
30.51 19.56
1130.19 900.64

732.64 667.26
148.44 179.96
19.56 15.47
900.64 862.69
1.84 23.47
(227.71) (14.48)
Year Ended Period Ended
31.03.2017 31.03.2016
820.19 1065.14
82.8 88.28
97.37 131.8
1000.36 1285.22
Year Ended Period Ended
31.03.2017 31.03.2016
191.29 255.11
50.45 85.64
0.81 1.46

8.92 10.35
251.47 352.56
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH, 2017
NOTE 24 : OTHER EXPENSES

Particulars
Stores and Spares Consumed
Power and Fuel
Processing Expenses
Rent
Rates and Taxes
Insurance
Printing and Stationery
Repairs and Renewals:
Buildings
Plant and Machinery
Other Assets
Travelling and Conveyance
Communication Expenses
vehicle Expenses
Auditors\ Remuneration:
As Auditors:
Audit fee
Tax Audit fee
Other Services
Reimbursement of Expenses

Cost Auditors Remuneration:

Audit fee
Directors\ Fees
Directors\ Travelling Expenses
Advertisement
Warranty
Sales tax absorbed by the company
Bad debts written off
Commission
Freight and Forwarding (Net)
Loss on Sale of Fixed Asset
Net Loss on Foreign Currency Transactions
Bank Charges
Provision for Impairment of Assets (other than Financial Assets)
Provision for Impaiment of Financial Assets
Miscellaneous Expenses
 ` in Crores
Year Ended Period Ended
31.03.2017 31.03.2016
302.34 460.67
580.94 843.37
184.28 246.68
57.86 73.44
14.19 17.42
16.67 16.92
6.97 9.34

18.55 27.83
89.66 118.71
44.97 52.22
44.31 61.73
7.02 11.7
6.1 7.97

0.55 0.63
0.09 0.14
0.31 0.16
0.19 0.29
1.14 1.22

0.06 0.06
0.19 0.24
4.21 5.56
265.06 368.89
2.46 31.12
0.25 0.83
0.11 0.17
8.9 23.53
433.79 577.58
3.48 6.54
75.68 104.01
5.11 8.04
- 23.93
0.45 -
101.58 98.9
2276.33 3198.62
165