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29. Other expenses
` in crore
Particulars Year ended Year ended
31 March, 2018 31 March, 2017
(a) Stores and spare parts consumed 60.43 61.01
(b) Packing materials consumed 208.49 225.24
(c) Power and fuel 473.93 377.55
(d) Repairs - Buildings 9.58 7.12
- Machinery 57.28 57.64
- Others 0.38 0.54
(e) Rent 23.37 24.87
(f) Royalty, rates and taxes 29.57 31.01
(g) Excise duty adjustment for stocks (3.66) 2.33
(h) Distributors’ service charges 16.18 19.15
(i) Sales promotion expenses 80.91 119.51
(j) Insurance charges 4.51 5.48
(k) Freight and forwarding charges 396.68 404.01
(l) Loss on assets sold, discarded or written off 7.19 0.75
(m) Bad debts written off 0.03 1.77
(n) Provision for doubtful debts and advances (net) 3.06 (0.09)
(o) Foreign exchange loss (net) - 23.02
(p) Directors’ fees and commission 5.57 5.35
(q) Auditors’ remuneration (footnote ‘i’) 4.38 3.98
(r) Expenditure towards Corporate Social Responsibility (CSR) (footnote ‘ii’) 14.28 12.56
(s) Donations and contributions 3.19 5.47
(t) Others 142.47 125.34
1,537.82 1,513.61
Footnotes:
(i) Auditors’ remuneration * ` in crore
Particulars Year ended Year ended
31 March, 2018 31 March, 2017
Statutory Auditors
a) For services as auditor 2.01 2.57
b) For taxation matters 0.25 0.47
c) For other services 2.33 1.30
d) For reimbursement of expenses 0.21 0.15
Cost Auditors
a) For services as auditor - 0.10
4.80 4.59
Less: Pertaining to discontinued operation 0.42 0.61
4.38 3.98
* Including taxes
(ii) Amount required to be spent by the Company during the year on CSR is ` 16.80 crore (2017: ` 13.92 crore) whereas the Company has
spent ` 14.28 crore (2017: ` 15.00 crore). The Company has spent the following amounts during the year on the activities other than
construction/acquisition of any asset.
` in crore
Particulars Year ended Year ended
31 March, 2018 31 March, 2017
1) Health care, nutrition, sanitation and safe drinking water 1.87 3.25
2) Environmental sustainability 4.63 4.01
3) Poverty alleviation, livelihood enhancement and infrastructure support 1.06 1.05
4) Education and vocational skill development 3.66 3.06
5) Inclusive growth and empowerment 1.15 1.57
6) Promotion and development of traditional arts and handicrafts 0.81 1.27
7) Contribution to Prime Minister’s National Relief fund/other relief funds 0.75 0.31
8) Other approved activities 0.35 0.48
14.28 15.00
The above CSR expense includes ` Nil (2017: ` 2.44 crore) relating to discontinued operations.
168 Annual Report 2017-18