Page 270 - Tata_Chemicals_yearly-reports-2020-2021

Integrated Annual Report 2020-21

29. Changes in inventories of finished goods, work-in-progress and stock-in-trade
` in crore
Year ended Year ended
March 31, 2021 March 31, 2020
Opening stock
Work-in-progress 129.41 112.43
Finished goods 664.10 594.62
Stock-in-trade (acquired for trading) 87.25 125.34
880.76 832.39
Closing stock
Work-in-progress 115.12 129.41
Finished goods 676.88 664.10
Stock-in-trade (acquired for trading) 94.30 87.25
886.30 880.76
Less: Inventory on account of Discontinued operation (note 36) - 92.83
Add: Exchange fluctuations (1.55) 12.93
(7.09) (128.27)
30. Employee benefits expense
` in crore
Year ended Year ended
March 31, 2021 March 31, 2020
(a) Salaries, wages and bonus 1,097.58 1,107.12
(b) Contribution to provident and other funds 141.14 79.47
(c) Staff welfare expense 161.02 188.78
1,399.74 1,375.37
31. Finance costs
` in crore
Year ended Year ended
March 31, 2021 March 31, 2020
(a) Interest costs
(i) Interest on loans at amortised cost 276.59 255.78
(ii) Interest on obligations under leases (note 39) 9.71 11.34
(b) Translation differences (footnote 'i') (0.42) 0.41
(c) Discount and other charges 81.49 74.38
367.37 341.91
Footnote:
(i) Translation differences on foreign currency loans regarded as borrowing cost net of changes in fair value of derivative contracts.

32. Depreciation and amortisation expense
` in crore
Year ended Year ended
March 31, 2021 March 31, 2020
(a) Depreciation of property, plant and equipment 539.17 472.58
(b) Depreciation of Investment property 0.61 0.66
(c) Amortisation of right-of-use assets 102.04 87.30
(d) Amortisation of intangible assets 117.50 105.93
759.32 666.47

268