Page 228 - Tata_Chemicals_yearly-reports-2021-22

Integrated Annual Report 2021-22

25. Changes in inventories of finished goods, work-in-progress and stock-in-trade
` in crore
Year ended Year ended
Particulars
March 31, 2022 March 31, 2021
Opening stock
Work-in-progress 29.55 40.49
Finished goods 56.20 86.99
Stock-in-trade 42.57 12.43
128.32 139.91
Closing stock
Work-in-progress 43.73 29.55
Finished goods 97.38 56.20
Stock-in-trade 30.16 42.57
171.27 128.32
(42.95) 11.59
26. Employee benefits expense

` in crore
Year ended Year ended
Particulars
March 31, 2022 March 31, 2021
(a) Salaries, wages and bonus 192.98 183.50
(b) Contribution to provident and other funds 16.05 30.95
(c) Staff welfare expense 39.43 35.97
248.46 250.42
Footnote:
The Indian Parliament has approved the Code on Social Security, 2020 which would impact the contributions by the Company towards
Provident Fund and Gratuity. The Ministry of Labour and Employment has released draft rules for the Code on Social Security, 2020 on
November 13, 2020, and has invited suggestions from stakeholders which are under active consideration by the Ministry. The Company
will assess the impact and its evaluation once the subject rules are notified and will give appropriate impact in its financial statements in
the period in which, the Code becomes effective and the related rules to determine the financial impact are published.
27. Finance costs
` in crore
Year ended Year ended
Particulars
March 31, 2022 March 31, 2021
(a) Interest costs
(i) Interest on loans at amortised cost 0.01 0.01
(ii) Interest on obligations under leases (note 33) 0.78 0.79
(b) Discount and other charges 18.49 17.94
19.28 18.74

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