Shree Cement Ltd.

Expense Details : Mar 2009 - Mar 2018 : Non-Annualised

: Rs. Million
Mar 2009 Mar 2010 Mar 2011 Jun 2012 Jun 2013 Jun 2014
12 mths 12 mths 12 mths 15 mths 12 mths 12 mths
IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP
-
Total expenses 25,855.8 35,054.0 39,470.8 62,786.1 54,625.5 61,793.8
Operating expenses 21,264.7 25,303.9 30,850.6 50,121.4 47,159.5 52,814.7
Raw materials, stores & spares 4,902.5 6,358.0 7,353.5 10,118.4 8,759.9 10,310.1
Raw material expenses 3,212.2 4,446.5 5,192.9 8,587.1 6,722.5 7,728.8
Stores, spares, tools consumed 1,690.3 1,911.5 2,160.6 1,531.3 2,037.4 2,581.3
Purchase of finished goods 65.2 91.8 625.1 1,996.8 917.9 1,107.3
Packaging and packing expenses 1,906.9 1,862.4 2,317.6
Power, fuel & water charges 6,058.1 6,104.8 9,048.1 14,998.7 14,793.5 13,787.0
Compensation to employees 1,038.7 1,586.1 1,985.4 3,194.9 3,380.1 3,953.0
Salaries & Wages 784.2 1,129.4 1,470.9 2,357.6 2,567.0 3,059.3
Indirect taxes 3,855.7 3,928.3 4,467.1 7,193.8 6,075.6 6,941.5
Excise duty 3,807.0 3,875.3 4,408.8 7,115.1 6,000.1 6,823.4
Royalties, technical know-how fees, etc 927.8 1,327.7
Rent & lease rent 34.9 43.0 58.2 78.4 77.3 93.9
Repairs & maintenance 352.1 486.9 508.4 748.8 1,048.7 1,140.1
Insurance premium paid 15.0 15.7 16.5 23.3 24.1 23.1
Outsourced manufacturing jobs
Outsourced professional jobs 2.0 2.8 3.0 4.0 4.2 4.9
Non-executive directors' fees 6.1 7.1 7.3 10.5 11.5 15.0
Selling & distribution expenses 4,592.7 6,298.3 6,140.6 9,110.5 8,506.9 10,841.3
Advertising expenses 321.2 402.0 568.5
Marketing expenses 1,105.1 1,736.8 1,728.3 1,581.5 1,722.2 1,727.8
Distribution expenses 3,487.6 4,561.5 4,412.3 7,207.8 6,382.7 8,545.0
Travel expenses 77.8 105.8 135.5 189.3 193.3 231.5
Communications expenses
Printing & stationery expenses
Miscellaneous expenditure 298.7 315.6 516.0 647.9 688.0 840.0
Other operational exp of industrial ent 56.3 55.2 69.0 24.9 10.4 6.2
Other operational exp of non-fin services ent

Financial services expenses 773.8 1,311.0 1,775.4 2,365.9 1,944.6 1,435.1

Fee based financial services expenses 27.3 106.4
Fund based financial services expenses 746.5 1,204.6 1,775.4 2,365.9 1,944.6 1,435.1
Interest expenses 744.3 1,184.6 1,709.5 2,135.0 1,541.0 1,017.0
Premium/discount on issue of debt instruments
Other borrowing costs 44.0 218.6 390.4 270.0
Bill discounting charges
Other fund based financial services expenses
Treasury operations expenses 2.2 20.0 21.9 12.3 13.2 148.1

Non-cash charges 2,367.9 5,933.9 7,242.3 8,858.8 4,366.9 5,680.7

Depreciation 2,058.6 5,735.9 6,757.6 8,730.9 4,356.3 5,499.1
Amortisation
Write-offs 309.3 198.0 484.7 123.4 10.6 180.4
Provisions 4.5 1.2
Provn for bad debts 4.5 1.2
Provn for diminution in investments
Provn for unspecified contingencies

Less: Other capitalisation 4.7 31.6

Less: Other expenses transferred to DRE
Less: Expenses charged to other heads 86.4 63.9 83.1 125.7 122.1 125.5

Prior period and extraordinary expenses 436.8 5.2 624.9

Prior period expenses
Cash prior period expenses
Prior period direct taxes 0.0 0.0
Cash prior period exp excl prior period taxes
Non cash prior period expenses
Prior period depreciation
Non cash prior period exp excl depn
Extraordinary expenses 436.8 5.2 0.0 0.0 624.9
Loss on impairment of assets
Loss on sale of assets 5.2 0.0
Loss due to chg in val & acctng policies
Expenses on discontinuing operations
Loss on asset disposal/liab settlmnt of discont ops
SOURCE: ProwessIQ, Centre for Monitoring Indian Economy Pvt. Ltd. 1/4
 Shree Cement Ltd.
Expense Details : Mar 2009 - Mar 2018 : Non-Annualised
: Rs. Million
Jun 2015 Mar 2016 Mar 2017 Mar 2018
12 mths 9 mths 12 mths 12 mths
IGAAP INDAS INDAS INDAS
-
Total expenses 71,548.1 59,536.0 87,706.4 91,631.8
Operating expenses 60,642.8 49,311.5 72,083.6 76,649.3
Raw materials, stores & spares 7,891.2 6,453.8 9,603.5 9,936.4
Raw material expenses 5,527.6 4,346.3 6,557.1 7,128.0
Stores, spares, tools consumed 2,363.6 2,107.5 3,046.4 2,808.4
Purchase of finished goods 1,705.8 1,633.9 328.4 0.7
Packaging and packing expenses 2,456.6 1,885.5 2,923.1 3,174.8
Power, fuel & water charges 15,798.2 11,229.5 14,442.7 19,796.5
Compensation to employees 4,550.3 3,698.6 5,371.8 5,880.5
Salaries & Wages 3,835.1 3,157.5 4,341.6 4,758.2
Indirect taxes 7,615.5 7,089.0 11,245.4 3,333.9
Excise duty 7,536.4 6,940.3 10,978.3 3,140.3
Royalties, technical know-how fees, etc 1,601.9 1,835.5 2,393.8 2,333.4
Rent & lease rent 123.8 135.9 194.3 196.9
Repairs & maintenance 1,251.6 1,363.0 2,187.8 2,600.2
Insurance premium paid 22.9 21.2 34.5 41.5
Outsourced manufacturing jobs
Outsourced professional jobs 5.1 5.9 6.4 5.8
Non-executive directors' fees 18.4 20.3 34.5 37.2
Selling & distribution expenses 11,956.5 9,386.7 15,326.2 19,870.7
Advertising expenses 428.6 536.9 815.0 625.4
Marketing expenses 1,941.8 760.6 1,411.5 1,420.3
Distribution expenses 9,586.1 8,089.2 13,099.7 17,825.0
Travel expenses 270.7 239.1 340.3 343.4
Communications expenses
Printing & stationery expenses
Miscellaneous expenditure 1,139.2 1,115.6 2,155.8 1,830.7
Other operational exp of industrial ent 4,368.5 3,328.1 5,642.1 7,430.9
Other operational exp of non-fin services ent

Financial services expenses 1,365.3 970.3 1,507.8 1,530.8

Fee based financial services expenses 8.0 18.5 24.0
Fund based financial services expenses 1,365.3 962.3 1,489.3 1,506.8
Interest expenses 1,000.9 742.5 1,275.7 1,240.8
Premium/discount on issue of debt instruments
Other borrowing costs 174.8
Bill discounting charges
Other fund based financial services expenses
Treasury operations expenses 189.6 219.8 213.6 266.0

Non-cash charges 9,628.5 8,369.6 12,198.0 9,021.9

Depreciation 9,247.8 8,275.7 12,147.1 8,994.0
Amortisation
Write-offs 376.4 93.6 50.7 23.6
Provisions 4.3 0.3 0.2 4.3
Provn for bad debts 0.3 0.2 4.3
Provn for diminution in investments
Provn for unspecified contingencies 4.3

Less: Other capitalisation

Less: Other expenses transferred to DRE
Less: Expenses charged to other heads 133.4 130.1 147.0 164.2

Prior period and extraordinary expenses 21.3 3.0

Prior period expenses 21.3 3.0
Cash prior period expenses 21.3 3.0
Prior period direct taxes 21.3 3.0
Cash prior period exp excl prior period taxes
Non cash prior period expenses
Prior period depreciation
Non cash prior period exp excl depn
Extraordinary expenses 0.0
Loss on impairment of assets
Loss on sale of assets
Loss due to chg in val & acctng policies
Expenses on discontinuing operations
Loss on asset disposal/liab settlmnt of discont ops
SOURCE: ProwessIQ, Centre for Monitoring Indian Economy Pvt. Ltd. 2/4
Shree Cement Ltd.
Expense Details : Mar 2009 - Mar 2018 : Non-Annualised
: Rs. Million
Mar 2009 Mar 2010 Mar 2011 Jun 2012 Jun 2013 Jun 2014
12 mths 12 mths 12 mths 15 mths 12 mths 12 mths
IGAAP IGAAP IGAAP IGAAP IGAAP IGAAP
Tax expenses on discontinuing operations

Provision for direct tax 1,449.4 2,068.4 -402.7 1,440.0 1,154.5 1,238.4
Corporate tax 1,347.5 2,088.5 217.1 1,414.8 2,198.1 1,845.5
MAT credit utilised
Less: MAT credit created 21.3 803.3 116.2
Deferred tax 80.7 0.0 25.2
Less: Deferred tax assets / credit 20.1 598.5 240.3 490.9
Other direct taxes 21.2
Fringe benefits tax 21.2

R & D expenses (capital & current account) 87.6 242.7 194.1 164.0 251.9 213.6
R & D expenses - capital account 1.2 178.8 111.0 38.3 129.8 88.1
R & D expenses - current account 86.4 63.9 83.1 125.7 122.1 125.5

SOURCE: ProwessIQ, Centre for Monitoring Indian Economy Pvt. Ltd. 3/4
 Shree Cement Ltd.
Expense Details : Mar 2009 - Mar 2018 : Non-Annualised
: Rs. Million
Jun 2015 Mar 2016 Mar 2017 Mar 2018
12 mths 9 mths 12 mths 12 mths
IGAAP INDAS INDAS INDAS
Tax expenses on discontinuing operations

Provision for direct tax -88.5 884.6 1,895.7 4,426.8

Corporate tax 958.1 1,221.4 3,241.3 4,462.7
MAT credit utilised 343.2 401.4
Less: MAT credit created 523.3 115.3
Deferred tax 422.2
Less: Deferred tax assets / credit 523.3 221.5 1,688.8 859.5
Other direct taxes
Fringe benefits tax

R & D expenses (capital & current account) 142.8 164.2 225.5 435.3
R & D expenses - capital account 9.4 34.1 78.5 271.1
R & D expenses - current account 133.4 130.1 147.0 164.2

SOURCE: ProwessIQ, Centre for Monitoring Indian Economy Pvt. Ltd. 4/4