Amal Ltd 2014-15

Amal Ltd | Annual Report 2014-15 Notes to the Financial Statements (` 000) NOTE 22 CONTINGENT LIABILITIES AND COMMITMENTS 2014-15 2013-14 a) Claims against the Company not acknowledged as debts in respect of: Sales tax 5,629 6,668 Service tax | Excise duty 123 123 Labour matter - 1,500 Unsecured creditors 4,152 4,152 b) Estimated amount of contracts remaining to be executed on capital accounts and not provided for (net of advances) - 2,258 (` 000) NOTE 23 PAYMENT TO AUDITORS * 2014-15 2013-14 a) As Auditors - Audit fees 350 300 - Limited review 180 150 b) For taxation matters 125 100 c) For other services (certification) 20 20 d) For reimbursement of out-of-pocket expenses 8 16 683 586 * excluding service tax (` 000) NOTE 24 CIF VALUE OF IMPORTS, EXPENDITURE, REMITTANCES AND EARNINGS IN FOREIGN CURRENCY 2014-15 2013-14 a) CIF value of imports: Raw materials - - b) Expenditure in foreign currency - - c) Earnings in foreign currency - - (` 000) NOTE 25 DETAILS OF RAW MATERIALS, STORES AND SPARES CONSUMPTION 2014-15 2013-14 a) Raw materials consumption: Sulphur 1,23,410 86,014 Other raw materials 1,884 2,715 1,25,294 88,729 b) Imported and indigenous raw material, spare parts and components consumption Category 2014-15 2013-14 (` 000) % (` 000) % Imported - - - - Indigenous 1,36,483 100 1,04,380 100 1,36,483 100 1,04,380 100