Page 132 - CCL AR 2017 Final

24. COST OF SALES Note 2017 2016
(Rupees in ‘000)
Raw and packing material consumed
Opening stock 58,633 66,573
Purchases 1,157,641 824,740
1,216,274 891,313
Closing stock 9 (120,557) (58,633)
1,095,717 832,680
Duty drawback on exports (7,120) (6,919)
1,088,597 825,761
Manufacturing overheads
Salaries, wages and benefits 24.1 839,237 618,531
Stores and spare parts consumed 261,519 300,227
Fuel and power 3,698,323 2,012,768
Rent, rates and taxes 156,652 99,863
Insurance 54,546 70,615
Vehicle running expenses 52,966 40,552
Travelling and conveyance 11,389 10,655
Printing and stationery 1,260 1,472
Legal and professional charges 8,028 2,367
Laboratory expenses 210 94
Depreciation 4.1.3 669,667 259,591
Amortisation 5.1 2,344 2,473
Repairs and maintenance 45,812 29,293
Communication 5,378 4,105
Stores written-off 115 2,942
Others 13,604 13,012
6,909,647 4,294,321
Work-in-process
Opening 171,321 343,520
Closing 9 (556,621) (171,321)
Cost of goods manufactured 6,524,347 4,466,520
Finished goods
Opening 74,576 53,363
Closing 9 (166,642) (74,576)
6,432,281 4,445,307

24.1 Include expenditure in respect of provident fund and gratuity fund amounting to Rs. 17.596 million and
Rs. 9.099 million, respectively (2016: Rs. 14.80 million and Rs. 9.17 million, respectively).

25. DISTRIBUTION COSTS Note 2017 2016
(Rupees in ‘000)
Salaries, wages and benefits 25.1 202,118 167,631
Export expenses 690 1,032
Travelling and conveyance 4,583 5,357
Staff training expenses 421 523
Vehicle running expenses 11,100 9,985
Communication 5,715 4,442
Printing and stationery 1,758 1,168
Rent, rates and taxes 9,198 10,718
Utilities 8,389 8,200
Repairs and maintenance 7,554 3,297
Insurance 2,795 2,553
Advertisement 10,033 6,884
Entertainment 2,201 1,123
Depreciation 4.1.3 10,070 8,663
Amortisation 5.1 345 134
License and subscription 1,264 1,229
Others 1,764 1,302
279,998 234,241

25.1 Include expenditure in respect of provident fund and gratuity fund amounting to Rs. 5.811 million and
Rs. 2.908 million respectively (2016: Rs. 5.107 million and Rs. 2.65 million, respectively).

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