Amal Ltd 2014-15

65 Notes to the Financial Statements (` 000) NOTE 13 SHORT-TERM LOANS AND ADVANCES (Unsecured, considered good; unless otherwise stated) As at March 31, 2015 As at March 31, 2014 Advance to staff 42 142 Balance with excise and service tax Departments 1,090 647 Income tax paid in advance | TDS 94 94 Prepayments | Interest accrued 432 376 Advance to creditors - Considered good 1,365 715 - Considered doubtful 258 258 1,623 973 Less : Provision for doubtful advances (258) (258) 1,365 715 Tax Collected at Source refundable - 387 3,023 2,361 (` 000) NOTE 14 REVENUE FROM OPERATIONS 2014-15 2013-14 Sale of products 1,86,124 1,59,118 Sale of steam 20,939 19,527 Other operating revenue: Sale of scrap 1,705 1,463 2,08,768 1,80,108 Less: Excise duty 20,541 17,671 1,88,227 1,62,437 (` 000) NOTE 15 OTHER INCOME 2014-15 2013-14 Dividend on non-current investments 37 32 Interest 699 544 Service charges 950 1,130 Miscellaneous income 442 398 2,128 2,104 (` 000) NOTE 16 COST OF MATERIALS CONSUMED 2014-15 2013-14 Raw materials and components consumed Stocks at commencement 3,473 652 Add: Purchases 1,24,239 91,550 1,27,712 92,202 Less: Stocks at close 2,418 3,473 1,25,294 88,729