Atul Ltd 2009-10

Corporate Identity Serving Diverse Industries Purpose and Values Overview by the Chairman Operational Highlights Financial Analysis Research and Technology Safety, HealthandEnvironment Serving the Society Directors’ Report Management Discussion andAnalysis Report on Corporate Governance Financial Statements Schedule forming part of Profit and Loss Account for the year ended March 31, 2010 (Rs crores) Schedule 15 Other Expenditure 2009-10 2008-09 Rent 1.14 1.43 Rates and taxes 1.06 1.17 Insurance 2.33 1.52 Freight, cartage and octroi 30.61 28.06 Discount on sales 10.59 11.33 Cash discount 7.60 5.15 Commission to others 8.15 8.13 Brokerage 0.04 0.03 Travelling and conveyance 7.18 7.34 Payments to statutory auditors 0.42 0.40 Payments to cost auditors 0.02 0.01 Directors' fees and travelling 0.22 0.24 Directors' commission (other than Managing and Wholetime Director) 0.27 0.12 Charities and donations 0.31 0.32 Bad debts and irrecoverable balances written off 17.79 0.93 Less: Provisions made in earlier years in respect of amounts written off during the year, adjusted as per contra 16.16 0.40 1.63 0.53 Provision for doubtful debts - 2.56 Provision for doubtful advances - 4.77 Provision for diminution in value of investments 0.11 - Miscellaneous expenses 35.60 30.28 Obsolete and unserviceable material written down 1.87 0.72 Loss on assets sold, discarded or demolished 0.42 0.35 Debits relating to earlier years 0.59 2.42 110.16 106.88