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Corporate Information
The Company & Its Manufacturing Process
Section 2
Cost auditors Report
1.
2.
3.
4.
5.
6.
7.
8.
9.
10.
11.
12.
13.
14
15.
16.
17.
Capacity
Costing Accounting System
Production
Raw Material
Wages & Salaries
Stores & Spare Parts
Depreciation
Overheads
Royalty / Technical Aid Payment
Abnormal Non-Recurring Features
Cost of Production
Sales
Profitability
Cost Auditors Observation and Conclusions
Reconciliations with Financial Statements
Cost Statements
Miscellaneous
Schedules (1 to 3)
1
2
2
2
3
5
6
6
7
9
9
9
10
10
10
12
12
12
13-15
Annexures
I
II
III
IV
V
VI
VII
VIII
IX
X
XI
XII
Chairman
Dr. Ghaith R. Pharaon
Chief Executive
Babar Bashir Nawaz
Directors
Laith G. Pharaon
Wael G. Pharaon
Shuaib A. Malik
Abdus Sattar
Babar Bashir Nawaz
Fakhrul Islam Baig
Alternate Directors
Irfan Amanullah
Audit Committee of the Board
Chairman
Abdus Sattar
Members
Shuaib A. Malik
Fakhrul Islam Baig
Company Secretary
Irfan Amanullah
Statutory Auditors
A. F. Ferguson & Co.
Chartered Accountants
Cost Auditors
SIDDIQI & COMPANY
Cost & Management Accountants
Bankers
Faysal Bank Limited
MCB Bank Limited
National Bank of Pakistan
Bank Al-Falah Limited
Allied Bank Limited
Bank Al-Habib
JS Bank Limited
NIB Bank Limited
United Bank Limited
Meezan Bank Limited
Barclays Bank PLC, Pakistan
Registered Office
D-70, Block-4, Kehkashan-5
Clifton, Karachi-75600.
Telephone# (92-21) 35309773-4, Fax # 35379775
UAN: (92-21) 111 17 17 17
Email. acpl@attockcement.com
Website: www.attockcement.com
Factory
Hub Chowki, Lasbella, Baluchistan.
1.
THE COMPANY
The Company was incorporated in Pakistan on October 14, 1981 as a public limited
Company and is listed on Karachi Stock Exchange. Its main business activity is
manufacturing and sale of cement.
2.
OPERATIONS
Basically the main objective of the Company is to manufacture and sell cement.
3.
MANUFACTURING PROCESS
The Company is using the Dry Process Technology for manufacturing of cement. It owns
leased lime stone quarries. The process consists of the following departments:(i)
(ii)
Crushing
(iii)
(iv)
Kiln
(v)
(vi)
Shale / Overburden
(ii)
Lime Stone
(iii)
Gypsum
(iv)
Slag
FACTORY LOCATION
The Companys cement manufacturing plant is located in Tehsil Hub, District Lasbella,
Baluchistan, Pakistan.
we have obtained all the information and explanations which to the best of our knowledge
and belief were necessary for the purpose of this audit.
2.
in our opinion:
3.
(a)
proper cost accounting records as required by clause (e) of sub-section (1) of section
230 of the Companies Ordinance, 1984 (XLVII of 1984), and as required by these
rules, have been kept by the Company;
(b)
proper returns, statements and schedules for the purpose of audit of cost accounts
relating to branches were not required as the Company has no branches in or
outside Pakistan.
(c)
the said books and records give the information required by the rules in the manner
so required; and
(b)
cost accounting records have been properly kept so as to give a true and fair view of
the cost of production, processing, manufacturing and marketing of the under
mentioned products of the Company, namely,
1.
2.
3.
The matters contained in the ANNEXED Forms are part of this report.
1.
CAPACITY (Tonne)
(a)
Clinker
Kiln-I (2,400 T/D x 300 days)
Kiln-II (3,300 T/D x 300 days)
Licensed / Installed
Capacity
720,000
990,000
1,710,000
Utilized
Capacity
742,996
963,303
1,706,299
% of Installed
Capacity
103
97
100
(b) The company's main business activity is manufacturing and sale of cement.
2.
3.
Manufacturing of cement is a continuous process, therefore, the company uses process cost accounting
system as prescribed by SECP as per Cement Industry (Cost Accounting Records) Order, 1994.
The company is operating a fully online integrated costing system, which generates cost statements
relating to six stages / departments and allocates cost thereon.
PRODUCTION
Qty. in Tonne
(a)
Production
Increase/(Decrease)
YEARS
Clinker
Line-1
Ordinary Portland Clinker
Suplhate Resistance Clinker
Line-2
Ordinary Potland Clinker
Cement
Ordinary Portland
Sulphate Resistance
2010
2009
Tonne
376,342
366,654
742,996
479,770
270,738
750,508
(103,428)
95,916
(7,512)
(22)
35
(1)
963,303
928,111
35,192
1,706,299
1,678,619
27,680
1,424,913
367,706
1,436,446
285,219
(11,533)
82,487
(1)
29
1,792,619
1,721,665
70,954
(b) The plant design facilitates production of the various types of cement as per production requirements
within the installed capacity limits.
(c) There is no addition to the production capacity during the year under review.
[2]
4.
RAW MATERIAL
(a)
ITEMS
Quantity
(Tonne)
2010
Value
Rs. in '000'
Cost per
Tonne
Quantity
(Tonne)
2009
Value
Rs. in '000'
Cost per
Tonne
Quantity
(Tonne)
2008
Value
Rs. in '000'
Cost per
Tonne
Limestone
1,179,863
257,548
218
1,074,310
190,805
178
693,707
110,484
159
Shale / Overburden
1,386,521
226,150
163
1,500,726
235,326
157
1,390,585
195,863
141
157,453
87,737
557
107,246
65,100
607
103,177
57,292
555
50,136
68,993
1,376
61,397
82,849
1,349
61,264
59,246
967
30
31
1,033
4,205
4,679
1,113
22,576
30,705
1,360
Gypsum
Slag
Ground Slag
640,459
578,759
[3]
453,590
(b) Major Raw Materials consumption per unit of production compared with standard requirements.
Description
Limestone
Shale / Overburden
Iron Ore / Baux. Iron
Salica Sand
TOTAL
Gypsum
Standard
Tonne
TOTAL
Gypsum
% Increase / (Decrease)
as compared to Standard
2010
2009
2008
Clinker
Clinker
Clinker
Clinker
0.240
1.328
0.032
-
0.523
1.022
0.039
0.016
0.525
1.020
0.040
0.015
0.529
1.023
0.039
0.019
118
(23)
22
100
119
(23)
25
100
Clinker
1.600
1.600
1.600
1.611
(0)
(0)
Cement
0.050
0.028
0.034
0.045
(44)
(32)
(9)
Description
Limestone
Shale / Overburden
Iron Ore
Salica Sand
Standard
Tonne
121
(23)
22
100
% Increase / (Decrease)
as compared to Standard
2010
2009
2008
Clinker
Clinker
Clinker
Clinker
0.240
1.264
0.096
-
0.412
1.020
0.121
0.047
0.424
1.021
0.110
0.045
0.419
1.020
0.113
0.048
72
(19)
26
100
77
(19)
15
100
Clinker
1.600
1.600
1.600
1.600
(0)
(0)
Cement
0.050
0.027
0.040
0.043
(46)
(20)
74
(19)
18
100
(15)
The variances from standard requirements are attributed to chemical contents of raw materials.
[4]
5.
2009
Rs. in '000'
154,000
359,333
513,333
114,926
32,725
660,984
2008
Rs. in '000'
106,758
244,673
351,431
79,779
20,959
452,169
% Increase / (Decrease)
Base 2009
Base 2008
(8)
33
(8)
36
(8)
35
(12)
26
7
68
(8)
35
Managerial remuneration
Housing Allowance
Utility Allowance
Bonus
Retirement benefits
Others
Number of person(s)
Chief
Executive
9,605
3,362
1,281
3,795
1,377
1,832
21,252
2009
Rs. in `000'
Directors
Executives
8,182
3,269
672
3,850
697
2,118
18,788
56,918
21,286
4,346
21,900
9,345
9,668
123,463
Chief
Executive
8,538
2,988
1,138
2,779
1,087
863
17,393
48
Directors
Executives
8,096
3,241
667
3,490
550
1,229
17,273
47,264
17,841
3,602
15,923
6,879
6,526
98,035
38
The Chief Executive, Executive Directors and certain executives are provided with free use of company
maintained cars and are also provided with medical facilities in accordance with their entitlements.
A sum of Rs. 0.32 million (2009: Rs. 0.92 million) was paid to a non-executive Director in respect of advisory
services.
(c) Total man-days of direct labour
300 days x 320 workers = 96,000
298 days x 320 workers = 95,360
Worked
95,360
Available
2010
142,384
1,792,619
79
[5]
96,000
2010
320
2009
270
2009
2008
154,000
1,721,665
89
106,758
1,364,511
78
% Worked
99%
% Increase / (Decrease)
19%
% Increase / (Decrease)
Base 2009
Base 2008
(8)
33
4
31
(11)
2
6.
The company awards bonus based on the profitability of the company and performance of the employees.
2010
2009
225,521
1,792,619
126
% of Increase / (Decrease)
263,656
1,721,665
153
(14)
4
(18)
Per tonne cost of stores and spares decreased due to efficient operations during the year with less plant
stoppages for repair and maintenance required by the plant as compared to the last year.
All items of stores are properly coded and entered by designated staff members of the finance department
through network system, on daily basis.
DEPRECIATION
(a) Method of depreciation
These are stated at cost less accumulated depreciation / amortization and impairment losses (if any) except
freehold land, capital work in progress and stores held for capital expenditures which are stated at cost.
Depreciation is calculated using the straight line method on all assets in use to charge off their cost excluding
residual value, if not insignificant, over their estimated useful lives.
Depreciation on acquisition is charged from the month of addition whereas no depreciation is charged on the
month of disposal.
Maintenance and normal repairs are charged to income as and when incurred. Major renewals and
improvements are capitalized and the assets so replaced, if any, are retired.
Gains and losses on disposal of fixed assets are inlcuded in income currently.
(b) Basis of allocation of depreciation on common assets to the different departments.
2010
(Rs. '000)
261,760
9,034
270,794
2009
%
96.660
3.340
100.00
(Rs. '000)
463,580
10,040
819
474,439
%
97.710
2.120
0.170
100.00
8.
OVERHEADS
(a) Total amounts of the overheads
(i)
(ii)
(iii)
(iv)
Factory
Administration
Selling & distribution
Financial
2010
Rs. in '000'
2009
Rs. in '000'
423,986
183,933
466,659
77,628
664,976
182,420
437,194
119,763
549,613
133,582
124,744
153,909
1,152,206
1,404,353
961,848
2010
Rs.in'000'
49,546
49,556
5,354
261,760
28,201
29,569
423,986
2009
Rs. in '000'
60,570
53,037
4,369
463,580
34,594
48,826
664,976
2008
Rs. in '000'
66,139
42,229
3,186
395,937
22,196
19,926
549,613
% Increase / (Decrease)
Based on
Based on
2009
2008
(18)
(25)
(7)
17
23
68
(44)
(34)
(18)
27
(39)
48
(36)
(23)
Overall factory overheads decreased mainly due to decrease in depreciation by changing the depreciation
method and partly decline in vehicle running, repair & maintenance and other overheads as compared to last
year.
(ii) Administration Overheads
2008
Rs. in '000'
2010
Rs.in'000'
100,575
3,561
3,370
9,034
4,908
6,796
4,275
3,039
3,625
14,582
1,504
7,053
8,914
8,968
239
610
2,880
183,933
2009
Rs. in '000'
114,926
3,676
5,621
10,040
6,293
5,836
3,402
3,004
1,600
5,856
1,053
6,758
6,856
3,601
195
1,376
2,327
182,420
2008
Rs. in '000'
79,779
2,654
7,910
4,655
5,446
4,216
2,565
3,318
1,455
5,608
2,330
7,158
204
2,696
407
1,265
1,916
133,582
% Increase / (Decrease)
Based on
Based on
2009
2008
(12)
26
(3)
34
(40)
(57)
(10)
94
(22)
(10)
16
61
26
67
1
(8)
127
149
149
160
43
(35)
4
(1)
30
4,270
149
233
23
(41)
(56)
(52)
24
50
1
38
2009
Rs. in '000'
2008
Rs. in '000'
35,165
32,725
20,959
819
597
(100)
(100)
4,831
27,275
3,984
(82)
21
11,722
16,376
6,285
(28)
87
650
1,364
2,083
(52)
(69)
3,629
1,783
357
104
917
363,659
311,071
78,947
17
361
45,465
43,548
9,899
100
1,538
2,233
1,633
(31)
466,659
437,194
124,744
Depreciation
PSI marking fee
Carriage outward
% Increase / (Decrease)
Based on
Based on
2009
2008
2010
Rs.in'000'
68
(6)
274
2008
Rs. in '000'
66,005
94,016
109,468
10,270
(100)
3,557
(100)
44
(100)
11,156
14,596
6,207
(24)
80
Exchange loss
10,957
24,312
(100)
100
467
194
51
141
816
77,628
119,763
153,909
(35)
(50)
% Increase / (Decrease)
Based on
Based on
2009
2008
2010
Rs.in'000'
The decrease in financial cost was due to repayment of long term murabaha.
(30)
(40)
1,715,452
91,625
1,807,077
Qty. in Tonne
2009
1,534,581
184,581
1,719,162
2010
Rs. in '000' Rupees/Ton
552,724
322.20
16,552
9.16
7,561
4.18
15,358
8.50
565
0.31
5,280
2.92
44,341
24.54
642,382
371.82
2009
Rs. in '000'
Rupees/Ton
514,606
335.34
12,651
7.36
8,177
4.76
17,242
10.03
692
0.40
9,351
5.44
49,844
28.99
612,563
392.32
OPC+SRC
Packed cement
Bulk cement
Total
2010
Packing material
Power
Salaries & wages
Stores / spares, repair & maint.
Insurance
Depreciation
Other administrative overheads
9.
Increase / (Decrease)
%
(13)
(4)
2
24
(1)
(12)
(2)
(15)
(0)
(22)
(3)
(46)
(4)
(15)
(21)
(5)
Rupees/Ton
Limestone &
Shale/Overburden
2,513,087
2010
Amount
Rs. In '000
146,078
Rupees /
Tonne
58.13
Production
in Tonne
2009
Amount
Rs. In '000
2,512,273
75,255
Rupees /
Tonne
29.95
Royalty and excise duty is paid to the provincial government on the quantity of limestone, shale / overburden
extracted and transported to mill from quarries at statutory rates.
Cement
OPC
SRC
Ground Slag
Sub-total
Clinker
OPC
TOTAL
2 0 1 0
Rs. in
000
Rs.
Per Ton
Qty. in
Tonne
2 0 0 9
Rs. in
000
Rs.
Per Ton
Increase /
(Decrease)
% Rs. P/Ton
1,424,913
367,706
30
4,453,165
1,189,238
48
5,642,451
3,125
3,234
1,600
1,436,446
285,219
3,629
4,807,338
964,230
6,776
5,778,344
3,347
3,381
1,867
(6.62)
(4.33)
(14.31)
5,311
12,506
2,355
17,990
46,219
2,569
(8.34)
5,654,957
5,824,563
12. SALES
(As per Schedule-2 attached)
Qty. in
Tonne
LOCAL
OPC
SRC
Ground Slag
Sub-total
EXPORT
OPC
SRC
Ground Slag
Clinker (OPC)
Rs.
Per Ton
Qty. in
Tonne
2 0 0 9
Rs. in
000
Rs.
Per Ton
Increase /
(Decrease)
% P/Ton
1,148,716
4,803,253
4,181
1,079,181
5,191,500
4,811
(13.08)
153,820
673,411
4,378
170,831
854,715
5,003
(12.50)
616
2,567
2,205
8,399
3,809
(32.62)
240
5,477,280
6,054,614
284,956
1,182,976
4,151
358,290
1,791,724
5,001
(16.98)
219,585
993,090
4,523
110,860
568,918
5,132
(11.87)
2,000
8,840
4,420
(100.00)
5,311
14,787
2,784
17,990
85,975
4,779
(41.74)
TOTAL
2 0 1 0
Rs. in
000
2,190,853
2,455,457
7,668,133
8,510,071
Export sales were mainly made to Middle East Asia, Africa and other countries.
13. PROFITABILITY
(As per Schedule-3 attached)
Qty. in
Tonne
LOCAL
OPC
SRC
Ground Slag
Sub-total
EXPORT
OPC
SRC
Ground Slag
Clinker (OPC)
Rs.
Per Ton
Qty. in
Tonne
2 0 0 9
Rs. in
000
Rs.
Per Ton
Increase /
(Decrease)
% P/Ton
1,148,716
1,054,133
918
1,079,181
1,333,642
1,236
(25.74)
153,820
150,335
977
170,831
245,751
1,439
(32.06)
181
753
2,205
3,206
1,454
(48.21)
240
1,204,649
1,582,599
284,956
77,293
271
358,290
286,475
800
(66.08)
219,585
108,486
494
110,860
91,484
825
(40.13)
5,311
(2,111)
TOTAL
2 0 1 0
Rs. in
000
(397)
2,000
4,079
2,040
(100.00)
17,990
24,088
1,339
(129.68)
183,668
406,127
1,388,317
1,988,726
No such matters have so far come to our notice during the year under review.
(b) Cases where the company funds have been used in a negligent or inefficient manner.
=
N ONE
(c) Factors which could have been controlled but have not been done resulting in increase in the cost
of production.
=
N ONE
=
(d)
(i) The Adequacy or otherwise of Budgetary Control System, if any, in vogue in the company.
The company prepares its budget on annual basis. A monthly report comparing actual results with budget is
generated alongwith the reasons for major variances. On the basis of such variances corrective measures
are initiated, implemented and followed up.
The Board has outsourced the internal audit function to M/s. Ernst & Young Ford Rhodes Sidat Hyder &
Co., Chartered Accountants who are involved in the internal audit function on a full time basis.
Company is working on various projects to reduce its cost of production prominent among them is
waste heat recurring system.
(b) Increased productivity
The company has already expanded its clinker production in 2005-06 from 2400/TPD to 5700/TPD
and as a result thereof, the fixed cost per tonne decreased considerably.
(c) Key limiting factors causing production bottle necks.
=
NONE
=
[ 11 ]
(v) Plant
The plant was new when installed.
The cost accounts are reconciled with audited financial accounts for the year ended June 30, 2010 as per
reconciliation statement annexed herewith.
Copies of all cost statements on the formats prescribed by Securities and Exchange Commission of Pakistan
under clause (e) of sub-section (1) of section 230 of the Companies Ordinance, 1984, duly authenticated by the
chief executive and Chief Financial Officer of the company, and verified by us are appended to the report.
17. MISCELLANEOUS
Figures have been rounded off to nearest thousand and rupee one. Previous year's figures have been re-arranged
and regrouped where necessary to facilitate comparison.
[ 12 ]
Schedule-1
COST OF PRODUCTION
YEAR : 2010
Quantity in Tonne
a)
Quantitative Data
Production (Tonne)
Ground
Slag
CEMENT
OPC
SRC
1,424,913
367,706
30
Clinker
5,311
TOTAL
1,797,960
Rupees in '000
b) Cost Elements
Cost of sales
Transferred to raw material inventory
SRC
4,495,685
1,210,446
(7,058)
4,488,627
Ground
Slag
CEMENT
OPC
(1,822)
1,208,624
(35,462)
4,453,165
408
(19,386)
1,189,238
Clinker
12,506
-
408
12,506
(360)
48
12,506
TOTAL
5,719,045
(8,880)
5,710,165
(55,208)
5,654,957
YEAR : 2009
Quantity in Tonne
a)
Quantitative Data
CEMENT
OPC
Production (Tonne)
Ground
Slag
SRC
1,436,446
285,219
3,629
Clinker
17,990
TOTAL
1,743,284
Rupees in '000
b) Cost Elements
CEMENT
OPC
Cost of sales
Transferred to raw material inventory
4,804,823
(7,342)
951,163
(1,458)
4,797,481
949,705
9,857
14,525
4,807,338
964,230
SRC
[ 13 ]
Ground
Slag
7,694
Clinker
46,219
7,694
46,219
(918)
6,776
46,219
TOTAL
5,809,899
(8,800)
5,801,099
23,464
5,824,563
Schedule-2
LOCAL SALES
CEMENT
a)
Quantitative Data
Quantity Sold
OPC
SRC
1,148,716
153,820
Ground
Slag
240
CEMENT
OPC
Gross Sales
Less:
Sales Tax
Special Excise Duty
Federal Excise Duty
Net Sales Realization
SRC
OPC
SRC
Slag
284,956
219,585
Clinker
5,311
TOTAL
1,812,628
Rupees in '000
EXPORT SALES
LOCAL SALES
Quantity in Tonne
EXPORT SALES
CEMENT
Ground
Ground
Slag
CEMENT
OPC
Ground
Slag
SRC
Clinker
TOTAL
6,551,006
911,556
720
1,182,976
993,090
14,787
9,654,135
897,027
48,096
802,630
1,747,753
4,803,253
124,416
6,734
106,995
238,145
673,411
98
6
1,182,976
993,090
14,787
1,021,541
54,836
909,625
1,986,002
7,668,133
104
616
YEAR : 2009
Quantity in Tonne
LOCAL SALES
CEMENT
a)
Quantitative Data
Quantity Sold
OPC
SRC
1,079,181
170,831
EXPORT SALES
Ground
Slag
2,205
CEMENT
Ground
Slag
OPC
SRC
358,290
110,860
2,000
Clinker
17,990
TOTAL
1,741,357
Rupees in '000
LOCAL SALES
CEMENT
Gross Sales
SRC
CEMENT
Ground
Slag
OPC
EXPORT SALES
Ground
SRC
7,175,737
1,174,859
9,829
1,791,724
976,433
160,236
1,344
51,526
8,538
86
Slag
568,918
Clinker
TOTAL
8,840
85,975
10,815,882
1,138,013
60,150
Less:
Sales Tax
Special Excise Duty
Federal Excise Duty
Net Sales Realization
956,278
151,370
1,107,648
1,984,237
320,144
1,430
2,305,811
5,191,500
854,715
8,399
8,840
85,975
8,510,071
[ 14 ]
1,791,724
568,918
Schedule-3
PROFITABILITY
YEAR : 2010
Quantity in Tonne
LOCAL SALES
a)
Quantitative Data
Quantity Sold
OPC
EXPORT SALES
Ground
CEMENT
SRC
Slag
Ground
CEMENT
OPC
SRC
Slag
Clinker
1,148,716
153,820
240
284,956
219,585
5,311
63.37
8.49
0.01
15.72
12.11
0.29
TOTAL
1,812,628
Rupees in '000
LOCAL SALES
CEMENT
OPC
Net Sales
Less: Cost of Sales
Gross Profit
Less:
Selling & distribution
Administrative exp.
Financial charges
Export expenses
Other charges
Other income
Profit before taxation
EXPORT SALES
Ground
Slag
SRC
CEMENT
OPC
SRC
Ground
Slag
Clinker
TOTAL
4,803,253
673,411
616
1,182,976
993,090
14,787
7,668,133
3,618,577
505,596
408
870,051
703,028
12,506
5,710,166
1,184,676
167,815
208
312,925
290,062
2,281
1,957,967
65,274
8,741
14
16,192
12,478
302
103,000
116,564
15,609
24
28,915
22,282
539
183,933
49,195
6,588
10
12,204
9,404
227
77,628
203,249
156,622
3,788
363,659
65,255
8,738
14
16,187
12,474
302
102,969
(165,745)
(22,194)
(35)
(41,116)
(31,683)
(766)
(261,539)
17,480
150,335
27
181
235,632
77,293
181,576
108,486
4,392
(2,111)
130,543
1,054,133
569,650
1,388,317
YEAR : 2009
Quantity in Tonne
LOCAL SALES
CEMENT
a)
Quantitative Data
Quantity Sold
OPC
SRC
EXPORT SALES
Ground
Slag
CEMENT
OPC
SRC
Ground
Slag
Clinker
1,079,181
170,831
2,205
358,290
110,860
2,000
17,990
61.97
9.81
0.13
20.58
6.37
0.11
1.03
TOTAL
1,741,357
Rupees in '000
LOCAL SALES
CEMENT
SRC
Ground
Slag
CEMENT
OPC
EXPORT SALES
Ground
SRC
Slag
Clinker
TOTAL
Net Sales
5,191,500
854,715
8,399
1,791,724
568,918
8,840
85,975
8,510,071
3,604,278
568,823
4,675
1,193,203
380,882
3,019
46,219
5,801,099
Gross Profit
Less:
Selling & distribution
Administrative exp.
Financial charges
Export expenses
Other charges
Other income
1,587,222
285,892
3,724
598,521
188,036
5,821
39,756
2,708,972
78,163
113,052
74,221
91,350
(103,206)
253,580
1,333,642
12,373
17,896
11,749
14,460
(16,337)
40,141
245,751
160
231
152
187
(211)
518
3,206
25,950
37,534
24,642
227,856
30,328
(34,265)
312,045
286,475
8,029
11,613
7,624
70,502
9,384
(10,602)
96,551
91,484
145
210
138
1,272
169
(191)
1,742
4,079
1,303
1,885
1,237
11,441
1,523
(1,720)
15,668
24,088
126,123
182,420
119,763
311,071
147,402
(166,533)
720,246
1,988,726
[ 15 ]
Cost accounts are in agreement with audited financial accounts of the company for the year ended June 30,
2010 as shown below:
2010
Rs. in '000
Cost of sales
(as per cost accounts)
5,710,166
Cost of sales
(as per financial accounts)
5,710,166
[ 16 ]
Machine Hours
Departments
Licensed /
Installed
Capacity
2010
Utilized Capacity
2009
% of Installed
Utilized Capacity
Capacity
% of Installed
Capacity
Kiln - I
7,200
7,156
99.39
7,375
102.43
Kiln - II
7,200
7,511
104.32
7,462
103.64
14,400
14,667
101.86
14,837
103.03
Cement Mill - I
7,200
6,341
88.07
6,097
84.68
Cement Mill - II
7,200
6,018
83.58
5,172
71.83
7,200
6,061
84.19
5,004
69.50
Cement Mill - IV
7,200
5,958
82.75
6,041
83.90
28,800
24,378
84.65
22,314
77.48
Total
Total
Licensed /
Installed
Capacity
2010
Utilized Capacity
2009
% of Installed
Utilized Capacity
Capacity
% of Installed
Capacity
Kiln - I
720,000
742,996
103.19
750,508
104.24
Kiln - II
990,000
963,303
97.30
928,111
93.75
1,710,000
1,706,299
99.78
1,678,619
98.16
Cement Mill - I
792,000
530,003
Cement Mill - II
324,000
201,380
62.15
174,216
53.77
720,000
524,202
72.81
457,489
63.54
Cement Mill - IV
720,000
537,034
74.59
555,335
77.13
2,556,000
1,792,619
70.13
1,721,665
67.36
Total
Total
Chief Executive
Karachi: 25 OCT 2010
66.92
534,625
67.50
2010
Quantity
( MT )
2009
Cost in
Rupees
Quantity
( MT )
Cost in
Rupees
754
8,021
30,465
29,600
8,955
2,893
1,593,273
Tonne
Tonne
Tonne
Tonne
Tonne
Tonne
Nos.
148
2,167
22,340
34,584
9,114
970
29,627
98,950
7,663 Tonne
14,949 Tonne
73,675 Tonne
16,752 Tonne
90,427
113,039
2,758
59,314
15,578
40,885
8,985
3,208
2,885,495
Tonne
Tonne
Tonne
Tonne
Tonne
Tonne
Nos.
505
10,689
9,704
60,860
9,144
1,285
51,787
143,974
2,031
6,947
12,807 Tonne
16,047 Tonne
3,325
6,624
173,040
39,121
337,405
21,316
221,139
124,083 Tonne
7,839 Tonne
131,922
160,776
368,670
14,464 Tonne
2,779 Tonne
17,243
38,373
7,707
46,080
23,223 Tonne
8,478 Tonne
31,701
73,835
27,094
100,929
0.46 Tonne
211 Tonne
361
Stock of Work-in-Process :
Stock Pile Formation
Raw Meal
Clinker :
OPC
SRC
Sub Total : -
Grand Total : -
366,170
613,934
REMARKS:
01.
In terms of clause 3(2) of Companies (Audit of Cost Accounts) Rules, 1998 (SRO: 846/(1)/98) dt. July 24,
1998, the Cost Auditors were appointed by the directors with the prior approval of Securities & Exchange
Commission of Pakistan within sixty days of the close of financial year of the company.
02.
In view of the above mentioned constrains appointing the Cost Auditors after the close of the financial
year; the cost auditors were not present on the date of physical stock taking as of the close of the financial
year. Under these circumstances, the physical stock taking carried out and financial accounts as certified
by the statutory auditors as of June 30, 2010 were relied upon for the purpose of the above mentioned
statement of stock in trade [under clause (4)(1)(b) of Companies (Audit of Cost Accounts) Rules, 1998].
Chief Executive
Karachi: 25 OCT 2010
2010
Tonne
62,073
2009
Tonne
124,836
Increase/(Decrease)
Tonne
(62,763)
1,128,570
1,384,517
2,513,087
2,575,160
1,016,765
1,495,508
2,512,273
2,637,109
111,805
(110,991)
814
(61,949)
1,179,863
1,386,521
2,566,384
8,776
1,074,310
1,500,726
2,575,036
62,073
105,553
(114,205)
(8,652)
(53,297)
B. Cost Statement
Cost
Rs. in '000'
2010
Rs.Per Tonne
Rs. in '000'
2009
Rs.Per Tonne
31,125
146,078
27,652
6,947
8,774
4,279
1,977
9,482
2,478
1,313
10,593
250,698
12.39
58.13
11.00
2.76
3.49
1.70
0.79
3.77
0.99
0.52
4.22
99.76
25,482
75,255
29,908
7,514
9,490
4,628
2,422
4,223
2,781
3,726
18,763
184,192
10.14
29.95
11.90
2.99
3.78
1.84
0.96
1.68
1.11
1.48
7.47
73.32
31,811
12.66
35,759
14.23
31,811
12.66
35,759
14.23
282,509
112.42
219,951
87.55
11,194
19,994
293,703
114.05
239,945
90.99
C. Cost Distribution
Cost transferred to crusher.
Cost of closing stock.
291,388
2,315
113.54
-
228,751
11,194
88.83
-
293,703
114.05
239,945
90.99
Chief Executive
Increase/(Decrease)
Tonne
2009
Tonne
1,386,521
1,179,863
1,500,726
1,074,310
(114,205)
105,553
2,566,384
2,575,036
(8,652)
2010
2009
Rs. in '000' Rs.perTonne Rs. in '000' Rs.perTonne
Increase/(Decrease)
Rs. in '000' Rs.perTonne
B. Cost Statement
Cost
Direct Departmental Costs :
(a) Outside contract costs
of transportation :
(i) Shale/Overburden
(ii) Lime Stone
(iii) Gypsum
Sub-Total (a) :
85,540
106,771
192,311
61.69
90.49
74.93
102,010
95,370
197,380
67.97
88.77
76.65
(16,470)
11,401
(5,069)
(6.28)
1.72
(1.72)
192,311
74.93
197,380
76.65
(5,069)
(1.72)
C. Cost Distribution.
Apportioned to :
(i) Shale/Overburden
(ii) Lime Stone
(iii) Gypsum
Total :
85,540
106,771
192,311
61.69
90.49
74.93
102,010
95,370
197,380
67.97
88.77
76.65
(16,470)
11,401
(5,069)
(6.28)
1.72
(1.72)
Chief Executive
Shale/Overb. - Tonne
2010
2010
2009
Total (Tonne)
2009
2010
2009
1,386,521
1,500,726
1,179,863
1,074,310
2,566,384
2,575,036
1,386,521
1,500,726
1,179,863
1,074,310
2,566,384
2,575,036
material).
Crushed during the period
Add : Opening Stock (Crushed material).
Total Crushed Material Available :
Less : Closing Stock (Crushed material).
1,386,521
1,500,726
1,386,521
1,500,726
1,179,863
1,074,310
1,179,863
1,074,310
2,566,384
2,575,036
12,807
19,009
2,579,191
2,594,045
7,663
12,807
2,571,528
2,581,238
Stock Adjustment.
Stock Reconciliation :
Total :
2,571,528
2,581,238
B. Cost Statement
2010
2009
Increase/(Decrease)
Rs. in '000'
Rs.perTonne
Rs. in '000'
Rs.perTonne
Rs. in '000'
Rs.perTonne
Labour cost
1,895
0.74
2,050
0.80
(155)
(0.06)
Salaries
3,815
1.49
4,126
1.60
(311)
(0.12)
2,184
0.85
2,361
0.92
(177)
(0.07)
Contract Labour
25,905
10.09
19,078
4,459
1.74
5,006
1.94
(547)
283
0.11
346
0.13
(63)
(0.02)
8,285
3.23
14,675
5.70
(6,390)
(2.47)
46,826
18.25
47,642
18.50
(816)
(0.26)
7.41
6,827
2.69
(0.21)
Power (Annexure X)
29,187
11.37
22,309
8.66
6,878
2.71
36,813
14.34
41,380
16.07
(4,567)
(1.73)
66,000
25.72
63,689
24.73
2,311
0.98
112,826
43.96
111,331
43.23
1,495
0.73
(Annexure XI)
Sub-Total (b) :
Total Cost(a+b) :
Cont'd
C. Cost Distribution
(On time or other appropriate basis)
2010
2009
Increase/(Decrease)
Rs. in '000'
Rs.perTonne
Rs. in '000'
Rs.perTonne
Rs. in '000'
Rs.perTonne
Shale/Overburden
Lime Stone
Gypsum
Rs. in '000'
Rs.perTonne
Rs. in '000'
Rs.perTonne
Rs. in '000'
Rs.perTonne
2009
Increase/(Decrease)
291,388
113.54
228,751
88.83
62,637
24.71
192,311
74.93
197,380
76.65
(5,069)
(1.72)
483,699
188.47
426,131
165.49
57,568
22.99
483,699
188.47
426,131
165.49
57,568
22.99
112,826
43.96
111,331
43.23
1,495
0.73
4,391
231.00
(1,066)
541,854
208.88
57,996
23.69
3,325
259.62
(1,294)
538,529
208.63
59,290
23.84
3,325
599,850
232.57
material (e + f + g)
(j) Closing stock (crushed material)
(k) Cost transferred to Raw mill (h-j)
Chief Executive
2,031
597,819
232.48
Lime Stone
Gypsum
Last year
Last year
Last year
tonne
tonne
tonne
tonne
tonne
tonne
Opening Stock.
Received from crusher.
Purchased.
Total
Issued to Mix/Slurry.
Stock Adjustment.
Closing Stock.
B. Cost Statement
For the year
Rs. 000
per tonne
Last year
Rs. 000
per tonne
Labour Costs :
Salaries.
Employees' other benefits.
Indirect materials.
Repairs and maintenance.
Insurance.
Fuel-Oil.
Gas
Depreciation
Other Overheads
Sub-Total (a) :
Indirect Departmental Costs :
Compressed Air (Annexure IX).
Power (Annexure X)
Other Expenses (Annexure XI).
Sub-Total (b) :
Total Cost (a+b) :
C: Cost Distribution
Quantity issued to
Raw Mill
(tonnes)
Closing Stock
Shale/Overburden
Lime Stone.
Gypsum.
Cost of Applicable to
Rs. / Tonne
Rs. in '000
Rs. / Tonne
Total.
D. Cost Summary (Upto Stock Hall Stage)
Cost Transferred and Cost of closing Stock:
Shale/Overburden
Rs. in '000
Rs. / Tonne
Lime Stone
Rs. in '000
Rs. / Tonne
Gypsum
Rs. in '000
Opening Stock.
Add : Received from Crusher/
purchases.
Stock Hall
Cost.
Total :
Less: Cost of closing stock.
Cost applicable to quantities
issued to Raw Mill.
Chief Executive
Rs. / Tonne
Opening Stock.
Received from Crushing.
Add: Iron ore
Bauxitic Iron/Slica sand
Total:
Issued for Mix/Slurry.
Total Raw Meal Produced.
Mix/Slurry transferred to clinkering.
Closing Stock.
Shale/Overburden
Tonne
2010
2009
1,328,708
1,577,137
1,328,708
1,577,137
-
Lime Stone
Tonne
2010
2009
1,242,819
1,004,101
1,242,819
1,004,101
-
Mix/Slurry
Tonne
2010
2009
16,047
13,353
2,571,528
2,581,238
92,464
86,484
64,990
20,762
2,728,981
2,688,484
2,745,028
2,701,837
2,745,028
2,701,837
2,730,078
2,685,790
14,950
16,047
B. Cost Statement
2010
Rs. in '000'
2009
Rs.perTonne
Rs. in '000'
Increase/(Decrease)
Rs.perTonne
Rs. in '000'
Rs.perTonne
Direct Material :
(1) Opening Stock
(2) Received from crushing
(3) Total.
(4) Closing Stock
597,819
597,819
-
219.06
219.06
-
538,529
538,529
-
200.31
200.31
-
59,290
59,290
-
18.75
18.75
-
597,819
219.06
538,529
200.31
59,290
18.75
87,737
4,124
3,315
3,209
10,899
75,562
616
279
704
36,960
3,955
825,179
32.15
1.51
1.21
1.18
3.99
27.69
0.23
0.10
0.26
13.54
1.45
302.38
65,100
4,460
3,585
3,471
12,236
55,644
7,335
3,132
748
65,456
4,844
764,539
24.21
1.66
1.33
1.29
4.55
20.70
2.73
1.16
0.28
24.35
1.80
284.38
22,637
(336)
(270)
(262)
(1,337)
19,918
(6,719)
(2,853)
(44)
(28,496)
(889)
60,640
7.94
(0.15)
(0.12)
(0.12)
(0.56)
6.99
(2.50)
(1.06)
(0.02)
(10.80)
(0.35)
18.00
204,489
73,543
74.93
26.95
156,292
82,670
58.13
30.75
48,197
(9,127)
16.80
(3.80)
101.88
404.26
404.31
238,962
1,003,501
4,982
1,008,483
88.88
373.26
373.26
278,032
1,103,211
6,624
1,109,835
39,070
99,710
1,642
101,352
13.00
31.00
31.05
C. Cost Distribution
Transferred to Kiln
Closing stock of mix/slurry
Total :
Chief Executive
2010
Rs. in '000'
Rs.perTonne
1,102,888
403.98
6,947
1,109,835
404.31
2009
Increase/(Decrease)
Rs. in '000' Rs.perTonne Rs. in '000' Rs.perTonne
1,001,859
373.02
101,029
30.95
6,624
323
1,008,483
373.26
101,352
31.05
Opening Stock.
Quantity received from Raw Mill.
Total :
2010
Tonne
2,730,078
2,730,078
2009
Tonne
2,685,791
2,685,791
2,730,078
1,023,779
-
2,685,791
1,007,171
-
44,287
16,608
-
Clinker Produced.
Clinker purchased
Opening Stock of Clinker.
Total available stock :
Clinker transferred to Grinding.
Clinker sold (Local)
Clinker sold (Export)
Total clinker sold
Closing Stock of Clinker.
1,706,299
131,922
1,838,221
1,742,483
5,311
5,311
90,427
1,678,619
37,695
93,866
1,810,180
1,660,268
17,990
17,990
131,922
27,680
(37,695)
38,056
28,041
82,215
(12,679)
(12,679)
(41,495)
Increase/(Decrease)
Tonne
44,287
44,287
2009
Rs. in '000'
Rs.perTonne
1,102,888
1,102,888
1,102,888
646.36
646.36
646.36
1,001,859
1,001,859
1,001,859
596.84
596.84
596.84
17,132
4,772
32,710
7,815
7,971
411
36,936
1,906,268
7,032
9,908
32,149
113,520
12,099
3,291,611
10.04
2.80
19.17
4.58
4.67
0.24
21.65
1,117.19
4.12
5.81
18.84
66.53
7.09
1,929.09
111,230
18,734
5,161
35,379
8,453
8,621
3,667
14,350
2,382,407
7,482
11,124
36,525
201,045
14,879
3,860,916
66.26
11.16
3.07
21.08
5.04
5.14
2.18
8.55
1,419.27
4.46
6.63
21.76
119.77
8.86
2,300.06
Annexure-VI
642,477
94,630
376.53
55.46
491,049
106,374
292.53
63.37
737,107
431.99
597,423
355.90
4,028,718
2,361.09
4,458,339
2,655.97
358,721
205,789
4,387,439
2,386.79
4,664,128
2,576.61
12,506
2,354.83
46,219
2,569.15
4,374,933
2,386.79
4,617,909
2,576.61
Chief Executive
4,162,772
212,161
4,374,933
2,388.99
2,386.79
2009
Rs. in '000'
Rs.perTonne
4,259,188
358,721
4,617,909
2,565.36
2,576.61
Opening Stock.
Quantity received from Raw Mill.
Total :
2010
Tonne
2,143,432
2,143,432
2009
Tonne
2,252,610
2,252,610
Increase/(Decrease)
Tonne
(109,178)
(109,178)
2,143,432
803,787
-
2,252,610
844,728
-
(109,178)
(40,941)
-
Clinker Produced.
Clinker purchased
Opening Stock of Clinker.
Total available stock :
Clinker transferred to Grinding.
Clinker sold (Local)
Clinker sold (Export)
Total clinker sold
Closing Stock of Clinker.
1,339,645
124,083
1,463,728
1,384,742
5,311
5,311
73,675
1,407,882
37,695
82,872
1,528,449
1,386,376
17,990
17,990
124,083
(68,237)
(37,695)
41,211
(64,721)
(1,634)
(12,679)
(12,679)
(50,408)
2009
Rs. in '000'
Rs.perTonne
825,375
825,375
825,375
616.11
616.11
616.11
840,259
840,259
840,259
596.82
596.82
596.82
13,450
4,772
26,251
5,094
7,971
274
36,936
1,496,610
5,820
7,431
17,037
95,209
9,488
2,551,718
10.04
3.56
19.60
3.80
5.95
0.20
27.57
1,117.17
4.34
5.55
12.72
71.07
7.08
1,904.77
111,230
15,630
5,161
28,393
5,510
8,621
3,060
14,350
1,991,126
6,193
8,343
25,396
168,616
12,479
3,244,368
79.01
11.10
3.67
20.17
3.91
6.12
2.17
10.19
1,414.27
4.40
5.93
18.04
119.77
8.86
2,304.43
Annexure-VI (A)
478,710
78,950
357.34
58.93
411,843
88,748
292.53
63.04
557,660
416.27
500,591
355.56
3,109,378
2,321.05
3,744,959
2,659.99
337,405
181,879
3,446,783
2,354.80
3,926,838
2,569.17
12,506
2,354.83
46,219
2,569.17
3,434,277
2,354.80
3,880,618
2,569.17
Chief Executive
3,261,237
173,040
3,434,277
2,355.12
2,354.80
2009
Rs. in '000'
Rs.perTonne
3,543,213
337,405
3,880,618
2,555.74
2,569.17
2009
Tonne
Increase/(Decrease)
Tonne
Opening Stock.
Quantity received from Raw Mill.
586,646
433,181
153,465
Total :
586,646
433,181
153,465
586,646
219,992
-
433,181
162,443
-
153,465
57,549
-
Clinker Produced.
Opening Stock of Clinker.
Total available stock :
Clinker transferred to Grinding.
Clinker sold.
Stock Adjustment.
Closing Stock of Clinker.
366,654
7,839
374,493
357,741
16,752
270,738
10,993
281,731
273,892
7,839
95,916
(3,154)
92,762
83,849
8,913
Total :
374,493
281,731
92,762
2009
Rs. in '000'
Rs.perTonne
277,513
277,513
277,513
756.88
756.88
756.88
161,600
161,600
161,600
596.89
596.89
596.89
3,682
6,459
2,721
409,658
137
1,212
2,477
15,112
18,311
2,611
10.04
17.62
7.42
1,117.29
0.37
3.31
6.76
41.22
49.94
7.12
3,104
6,986
2,943
391,281
607
1,289
2,781
11,129
32,429
2400
11.46
25.80
10.87
1,445.24
2.24
4.76
10.27
41.11
119.78
8.86
739,893
2,017.96
616,549
2,277.29
Annexure-VI (B)
163,767
15,680
446.65
42.77
79,206
17,626
292.56
65.10
179,447
489.42
96,832
357.66
919,340
2,507.38
713,381
2,634.95
21,316
940,656
2,511.81
23,910
737,291
940,656
2,511.81
737,291
2,617.00
2,617.00
901,535
39,121
940,656
2,520.08
2,511.81
2009
Rs. in '000'
Rs.perTonne
715,975
21,316
737,291
Chief Executive
2,614.08
2,617.00
2009
Tonne
1,742,483
50,136
1,792,619
1,792,619
-
1,660,268
61,397
1,721,665
1,721,665
-
31,701
1,792,619
1,824,320
100
1,807,077
17,243
29,198
1,721,665
1,750,863
100
1,719,162
31,701
Increase / (Decrease)
Tonne
82,215
(11,261)
70,954
70,954
2,503
70,954
73,457
87,915
(14,458)
2009
Rs.perTonne
Rs. in '000'
Rs.perTonne
4,162,772
4,162,772
-
2,322.17
2,322.17
-
4,259,188
4,259,188
-
2,473.88
2,473.88
-
4,162,772
2,322.17
4,259,188
2,473.88
68,993
3,677
6,550
3,408
1,727
2,507
5,818
34,543
6,440
2,107
87,120
9,322
38.49
2.05
3.65
1.90
0.96
1.40
3.25
19.27
3.59
1.18
48.60
5.20
82,849
3,977
7,084
3,686
1,868
28,190
62,349
25,437
7,231
2,242
154,290
11,418
48.12
2.31
4.11
2.14
1.08
16.37
36.21
14.77
4.20
1.30
89.62
6.63
4,394,984
2,451.71
4,649,809
2,700.76
Cont'd
478,347
135,569
266.84
75.63
365,603
152,393
613,916
342.47
517,996
300.87
5,008,900
2,794.18
5,167,805
3,001.63
5,008,900
100,929
2,794.18
-
5,167,805
76,547
212.35
88.51
3,001.63
-
5,109,829
2,800.95
5,244,352
2,995.30
5,063,749
46,080
2,802.18
-
5,143,423
100,929
2,991.82
-
Total :
5,109,829
2,800.95
5,244,352
2,995.30
Chief Executive
2009
Tonne
1,384,742
40,171
1,424,913
1,424,913
-
1,386,376
50,070
1,436,446
1,436,446
-
23,223
1,424,913
1,448,136
100
1,433,672
14,464
24,248
1,436,446
1,460,694
100
1,437,471
23,223
Increase / (Decrease)
Tonne
(1,634)
(9,899)
(11,533)
(11,533)
(1,025)
(11,533)
(12,558)
(3,799)
(8,759)
B. Cost Statement
2010
Rs. in '000'
2009
Rs.perTonne
Rs. in '000'
Rs.perTonne
3,261,237
3,261,237
-
2,288.73
2,288.73
-
3,543,213
3,543,213
-
2,466.65
2,466.65
-
3,261,237
2,288.73
3,543,213
2,466.65
54,843
3,023
5,386
2,802
1,420
2,089
4,860
32,384
3,963
1,734
72,684
7,410
38.49
2.12
3.78
1.97
1.00
1.47
3.41
22.73
2.78
1.22
51.01
5.20
69,121
3,270
5,825
3,031
1,536
23,519
52,130
23,847
4,450
1,845
128,724
9,519
48.12
2.28
4.06
2.11
1.07
16.37
36.29
16.60
3.10
1.28
89.61
6.63
3,453,835
2,423.89
3,870,031
2,694.17
Cont'd
Annexure-VII (A)
380,238
112,914
266.85
79.24
305,023
126,927
493,152
346.09
431,950
300.71
3,946,987
2,769.98
4,301,981
2,994.88
3,946,987
73,835
2,769.98
-
4,301,981
63,978
212.35
88.36
2,994.88
-
4,020,822
2,776.55
4,365,959
2,988.96
3,982,449
38,373
2,777.80
-
4,292,124
73,835
2,985.89
-
Total :
4,020,822
2,776.55
4,365,959
2,988.96
C. Cost Distribution
Chief Executive
2010
Tonne
357,741
9,965
367,706
367,706
-
2009
Tonne
273,892
11,327
285,219
285,219
-
8,478
367,706
376,184
100
373,405
2,779
4,950
285,219
290,169
100
281,691
8,478
Increase / (Decrease)
Tonne
83,849
(1,362)
82,487
82,487
3,528
82,487
86,015
91,714
(5,699)
B. Cost Statement
2010
Rs. in '000'
Cost received from Kiln :
(1) Opening Stock.
(2) Received during the year.
(3) Inter transfers.
(4) Total cost of Clinker.
(5) Cost of Closing Stock (Clinker).
Cost of clinker fed to Grinding process
2009
Rs.perTonne
Rs. in '000'
Rs.perTonne
901,535
2,451.78
715,975
2,510.26
901,535
-
2,451.78
-
715,975
-
2,510.26
-
901,535
2,451.78
715,975
2,510.26
14,150
654
1,164
606
307
418
958
2,159
2,477
373
14,436
1,912
38.48
1.78
3.17
1.65
0.83
1.14
2.61
5.87
6.74
1.01
39.26
5.20
13,728
707
1,259
655
332
4,671
10,219
1,590
2,781
397
25,566
1,899
48.13
2.48
4.41
2.30
1.16
16.38
35.83
5.57
9.75
1.39
89.64
6.66
941,149
2,559.51
779,778
2,733.96
Cont'd
98,109
22,655
266.81
61.61
120,764
1,061,913
-
27,094
60,580
25,466
212.40
89.29
328.43
86,046
301.68
2,887.94
865,824
3,035.65
1,061,913
2,887.94
-
865,824
12,569
3,035.65
-
1,089,007
2,894.88
878,393
3,027.18
1,081,300
7,707
2,895.78
-
851,299
27,094
3,022.10
-
Total :
1,089,007
2,894.88
878,393
3,027.18
C. Cost Distribution
Chief Executive
2010
Tonne
1,807,077
1,807,077
1,715,452
91,625
1,807,077
34,309,036
-
2009
Tonne
1,719,162
1,719,162
1,534,581
184,581
1,719,162
30,691,620
-
Increase / (Decrease)
Tonne
87,915
87,915
180,871
(92,956)
87,915
3,617,416
-
Rs.perTonne
2009
Rs. in '000'
5,143,423
Rs.perTonne
5,063,749
2,802.18
552,724
2,098
3,496
1,927
39
15,359
565
5,280
5,645,237
322.20
1.22
2.04
1.12
0.02
8.95
0.33
3.08
3,141
514,606
2,269
3,781
2,084
43
17,242
692
9,351
5,693,491
335.34
1.48
2.46
1.36
0.03
11.24
0.45
6.09
3,350
16,553
44,341
60,894
5,706,131
5,445,323
260,808
9.65
25.85
35.50
3,176.64
3,174.28
2,846.46
12,651
49,844
62,495
5,755,986
5,193,591
562,395
8.24
32.48
40.72
3,390.99
3,384.37
3,046.87
5,706,131
3,176.64
5,755,986
3,390.99
Chief Executive
2,991.82
2010
Tonne
1,433,672
1,433,672
1,356,371
77,301
1,433,672
27,127,423
-
2009
Tonne
1,437,471
1,437,471
1,272,667
164,804
1,437,471
25,453,340
-
Increase / (Decrease)
Tonne
-
(3,799)
(3,799)
-
83,704
(87,503)
(3,799)
-
B. Cost Statement
2,777.80
2009
Rs. in '000'
4,292,124
438,532
1,727
2,878
1,587
33
13,377
448
4,414
4,445,445
323.31
1.27
2.12
1.17
0.02
9.86
0.33
3.25
3,119.15
430,262
1,868
3,113
1,717
36
15,017
579
7,818
4,752,533
338.08
1.47
2.45
1.35
0.03
11.80
0.45
6.14
3,347.65
13,133
37,107
50,240
4,495,685
4,276,931
218,754
9.68
27.36
37.04
3,156.19
3,153.22
2,829.90
10,578
41,712
52,290
4,804,823
4,303,286
501,537
8.31
32.78
41.09
3,388.74
3,381.31
3,043.23
4,495,685
3,156.19
4,804,823
3,388.74
Chief Executive
2010
Rs. in '000'
3,982,449
Rs.perTonne
Rs.perTonne
2,985.89
2010
Tonne
373,405
373,405
359,081
14,324
373,405
-
2009
Tonne
281,691
281,691
261,914
19,777
281,691
-
7,181,613
-
5,238,280
-
Increase / (Decrease)
Tonne
91,714
91,714
97,167
(5,453)
91,714
-
B. Cost Statement
2010
Rs. in '000'
1,081,300
318.01
1.03
1.72
0.95
0.02
5.52
0.33
2.41
3,226
84,344
401
668
368
7
2,225
113
1,533
940,958
114,192
371
618
340
6
1,982
117
866
1,199,792
2,896
2009
Rs. in '000'
851,299
Rs.perTonne
Rs.perTonne
3,022
322.03
1.53
2.55
1.41
0.03
8.50
0.43
5.85
3,364
3,420
7,234
10,654
9.52
20.15
29.67
2,073
8,132
10,205
7.91
31.05
38.96
1,210,446
1,168,392
42,054
3,255.44
3,253.84
2,935.83
951,163
890,305
60,858
3,403.39
3,399.23
3,077.21
1,210,446
3,255.44
951,163
3,403.39
Chief Executive
A. Quantitative Data
Last year
Last year
Quantity
Cost
B. Cost Statement
C. Cost Distribution
Departments using compressed air :
Chief Executive
2009
KWH
207,117,718
207,117,718
-
Increase/(Decrease)
KWH
199,481,000
199,481,000
-
7,636,718
7,636,718
-
B. Cost Statement
Cost per unit of power
generated and purchased
S.No.
1.
2.
3.
4.
5.
6.
7.
8.
Particulars
Quantity
Units
Rate
Rs.
Amount
Rs.
2010
Rs.
2009
Rs.
Total :
Less : (1) Supplies to other units of the
company. (not engaged in the manufacture of
cement.).
1,682,361
6.62
11,137
6.62
5.25
205,435,357
6.62
1,359,916
6.62
5.25
207,117,718
6.62
1,371,053
6.62
5.25
Annexure-X
Cont'd
C. Cost Distribution
Consumed in:
- Lime stone, Clay, Gypsum Quarry.
- Transportation.
- Crushing.
- Stock Hall.
- Raw Mill.
- Kiln (OPC & SRC).
- Cement Grinding (OPC & SRC).
- Storage and Packing (OPC & SRC).
- Air Compressing.
- Others.
Total Cost distributed :
Chief Executive
2010
Rs.
Increase/
2009
Rs.
(Decrease)
29,187
204,489
642,477
478,347
16,553
-
22,309
156,292
491,049
365,603
12,651
-
6,878
48,197
151,428
112,744
3,902
-
1,371,053
1,047,904
323,149
A. Cost Statement
2010
Rs. in '000'
2009
Rs. in '000'
237,523
266,998
33,336
37,473
8,334
9,368
137,514
154,580
416,707
468,421
B. Cost Distribution
2010
Rs. in '000'
2009
Rs. in '000'
31,811
36,813
73,543
94,630
135,569
44,341
-
35,759
41,380
82,670
106,374
152,393
49,844
-
Total
416,707
468,421
Chief Executive
Power
House
Departmental Costs :
Opening.
For the period
Total
Cost allocation/transfer
in (out) power House.
Compressed Air
Factory General
Quarry
Transportation
Crushing
Stock Hall
Raw Mill
Kiln
Grinding
Packing and storage
Total :
Compressed Air
Factory
General
Quarry*
Transportation
Crushing
Stock
Hall
1,371,053
1,371,053
416,707
416,707
250,698
250,698
192,311
192,311
3,325
46,826
50,151
(1,371,053)
-
(416,707)
-
31,811
(291,388)
(259,577)
(192,311)
29,187
(192,311)
-
36,813
291,388
192,311
(597,819)
(48,120)
2,031
-
Raw Mill
6,624
227,360
233,984
204,489
73,543
597,819
(1,102,888)
(227,037)
6,947
-
Kiln
358,721
2,188,723
2,547,444
642,477
94,630
1,102,888
(4,162,772)
(2,322,777)
212,161
-
Grinding
100,929
232,212
333,141
478,347
135,569
4,162,772
(5,063,749)
(287,061)
46,080
-
Packing and
Storage
581,488
581,488
Rs. in '000'
Total
469,599
5,507,378
5,976,977
16,553
44,341
5,063,749
(5,697,252)
(572,609)
(5,697,252)
(5,697,252)
5,697,252
-
267,219
5,697,252
12,506
408
5,710,166
Qty. in Tonne
Opening Stock (Tonne)
Quantity produced (Tonn
Quantity Transferred sold
62,073
(2,566,384)
Chief Executive
2,566,384
12,807
2,566,384
16,047
2,728,981
131,922
1,706,299
31,701
1,792,619
1,807,077
(2,566,384)
(2,571,528)
(2,730,078)
(1,747,794)
(1,807,077)
(1,807,077)
7,663
14,950
90,427
17,243
2009-2010
Particulares
Opening Stock
Production
Closing Stock
Chief Executive
Quantity
in Tonne
Rupees
in `000
210.46
361
30.00
48
240.46
409
240.00
408
0.46