Amal Ltd 2011-12

43 21. Finance Cost ( ` in ‘000) Particulars For the year ended March 31, 2012 For the year ended March 31, 2011 Interest expense 47 536 Bank Charges 12 30 Total 59 566 22. Exceptional Items ( ` in ‘000) Particulars As at March 31, 2012 As at March 31, 2011 Income Sundry Balance Written Back 3 263 Excess Provisions of Previous Year Written Back 1,959 3,220 Expenses Sundry Balance Written Off 87 3,256 Impairment of Plant and Machinery - 23,703 Total 1,875 (23,476) 23. Contingent Liabilities ( ` in ‘000) Particulars 2011-12 2010-11 Contingent liabilities not provided for in respect of i. Sales tax matter under appeal 6,668 6,454 ii. Estimated amount of contract remaining to be executed on capital accounts and not provided for (net of advances) - 3,230 24. Payment to Auditors ( ` in ‘000) Particulars 2011-12 2010-11 (i) As Statutory Auditors 450 388 (ii) For Taxation matters 100 100 550 488 25. CIF Value of Imports | EXPENDITURE AND EARNINGS IN FOREIGN CURRENCY ( ` in ‘000) Particulars 2011-12 2010-11 (a) C I F value of imports: Raw Materials - 6,055 (b) Expenditure and earnings in foreign currency - - Notes to financial statements for the year ended March 31, 2012