Amal Ltd 2011-12

Amal Ltd | Annual Report 2011-12 26. Details of raw materials consumption ( ` in ‘000) (a) Raw materials consumption: 2011-12 2010-11 Sulphur 106,501.26 84,981.89 Others 1,311.74 840.72 Total 107,813.00 85,822.61 (b) Imported and indigenous raw materials consumption: Category 2011-12 2010-11 ( ` ‘000) % ( ` ‘000) % Imported - - 6,054.79 7.06 Indigenous 107,813.00 100.00 79,767.81 92.94 Total 107,813.00 100.00 85,822.60 100.00 27. Stocks and turnover ( ` in ‘000) Class of Goods Stocks at commencement Stocks at close 2011-12 2010-11 2011-12 2010-11 Goods manufactured: Sulphuric Acid (Equivalent production) 944.82 2,466.53 1,100.11 944.82 Total 944.82 2,466.53 1,100.11 944.82 ( ` in ‘000) Class of Goods Turnover 2011-12 2010-11 Goods manufactured: Sulphuric Acid (Equivalent production) 138,839.93 145,817.87 Steam 9,201.56 - Total 148,041.49 145,817.87 28. Deferred Tax adjustment recognised in the financial statements ( ` in ‘000) Particulars Balance as at March 31, 2012 Charge | Credit during the year Balance as at March 31, 2011 Deferred Tax Assets: on account of timing difference in (a) Depreciation | Impairment loss 6,881 (2,921) 9,802 (b) Provision for leave encashment 28 (11) 39 (c) Excise duty on closing stock 37 10 27 Net deferred tax assets 6,946 (2,922) 9,868 In view of prudence, no deferred tax assets has been recognised as on March 31, 2012 29. Related party Disclosure a) Name of related party and nature of relationship: Sr. No. Name of the related party Description of relationship Directly controlled Enterprises: 1 Atul Limited Investing Company 2 Atul Europe Limited Enterprise over which key managerial personnel exercise significant influence 3 Ameer Trading Corporation Limited Investing Company Key management personnel: 4 Mr V Koppaka Managing Director Notes to financial statements for the year ended March 31, 2012