Page 221 - Annual Report 2019-20

Notes forming part of the consolidated financial statements Notes forming part of the consolidated financial statements 219

( in crores) ( in crores)
34 Other Income 37 Employee Benefits Expense
For the For the For the For the
year ended year ended year ended year ended PIDILITE ANNUAL REPORT 2019-20
31 March 31 March 31 March 31 March
st
st
st
st
2020 2019 2020 2019
Interest on: Salaries and Wages 833.74 758.34
Bank Deposit (at amortised cost) 3.34 2.75
Contribution to Provident and Other Funds (refer note 51) 50.83 42.46
Overdue Trade Receivables 0.05 0.56
Share-based Payments to Employees (refer note 49) 14.44 10.65
Tax Free Bonds (at FVTPL) 3.26 2.03
Staff Welfare Expenses 28.21 25.21
Income Tax Refund - 11.26
Others 5.81 4.00 TOTAL 927.22 836.66
Dividend on:
Investments in Mutual Funds and Others (at FVTPL) 11.59 10.02
38 Finance Costs
Other Non-Operating Income:
For the For the
Windmill Income 3.21 1.44 year ended year ended
31 March 31 March
st
st
Insurance claim received 0.46 0.59 2020 2019
Liabilities no longer required written back 1.59 16.21 Interest expense on:
Rental Income from Operating Leases 1.38 2.25
Borrowings 9.38 7.50
net gain arising on financial assets designated as at FVTPL 109.79 88.09
Lease Liability (refer note 54) 8.21 -
Profit on Sale of Assets (net) 2.67 0.72
Miscellaneous Income 6.28 6.72 unwinding of Liabilities (refer note 45) 8.26 11.04
TOTAL 149.43 146.64 Dealer Deposits & others 7.75 7.53
35 Cost of Materials Consumed TOTAL 33.60 26.07
For the For the
year ended year ended
31 March 31 March 39 Depreciation, Amortisation and Impairment Expense
st
st
2020 2019 For the For the
Inventory at the beginning of the year 404.72 351.63 year ended year ended
st
31 March 31 March
st
Add: Purchases 3,013.43 3,318.60 2020 2019
3,418.15 3,670.23 Depreciation on Property, Plant and Equipment (refer note 4) 118.46 105.79
Less: Inventory at the end of the year 420.44 404.72
Depreciation on Right of use of Assets (refer note 5) 31.31 -
TOTAL 2,997.71 3,265.51
Amortisation of Other Intangible Assets (refer note 6) 20.15 21.03
36 Changes in Inventories of Finished Goods, Work-in-progress and stock-in-Trade
Impairment in value of Capital Work-in-Progress (refer note 4) - 5.92
For the For the
year ended year ended TOTAL 169.92 132.74
st
31 March 31 March
st
2020 2019
Inventories at the end of the year
111.30
Stock-in-Trade 312.62 321.24
118.63
78.75
Work-in-Progress
84.02
PIDILITE ANNUAL REPORT 2019-20 Total (A) 502.67 523.89
Finished Goods
Inventories at the beginning of the year
90.46
118.63
Stock-in-Trade
84.02
66.84
Work-in-Progress
291.38
321.24
Finished Goods
Total (B)
21.22
(75.21)
TOTAL (B-A) 523.89 448.68
218