Page 136 - CCL AR 2017 Final

32.2 COST OF SALES
2017
Line - I Line - II Total
(Rupees in ‘000)
Raw and packing material consumed
Opening stock 58,633 - 58,633
Purchases 545,633 612,008 1,157,641
604,266 612,008 1,216,274
Closing stock - (120,557) (120,557)
604,266 491,451 1,095,717
Duty drawback on exports (5,324) (1,796) (7,120)
598,942 489,655 1,088,597
Manufacturing overheads
Salaries, wages and benefits 379,069 460,168 839,237
Stores and spare parts consumed 251,043 10,476 261,519
Fuel and power 1,893,449 1,804,874 3,698,323
Rent, rates and taxes 108,988 47,664 156,652
Insurance 53,999 547 54,546
Vehicle running expenses 27,076 25,890 52,966
Travelling and conveyance 5,798 5,591 11,389
Printing and stationery 821 439 1,260
Legal and professional charges 2,537 5,491 8,028
Laboratory expenses 160 50 210
Depreciation 264,585 405,082 669,667
Amortisation 2,125 219 2,344
Repairs and maintenance 31,654 14,158 45,812
Communication 3,521 1,857 5,378
Stores written-off - 115 115
Others 6,523 7,081 13,604
3,630,290 3,279,357 6,909,647
Work-in-process 2014
Opening 171,321 - 171,321
Closing (130,711) (425,910) (556,621)
Cost of goods manufactured 3,670,900 2,853,447 6,524,347
Finished goods
Opening 74,576 - 74,576
Closing (62,604) (104,038) (166,642)
3,682,872 2,749,409 6,432,281

32.3 DISTRIBUTION COSTS

Salaries, wages and benefits 114,029 88,089 202,118
Export expenses 583 107 690
Travelling and conveyance 2,958 1,625 4,583
Staff training expenses 282 139 421
Vehicle running expenses 8,799 2,301 11,100
Communication 5,050 665 5,715
Printing and stationery 1,363 395 1,758
Rent, rates and taxes 6,829 2,369 9,198
Utilities 6,555 1,834 8,389
Repairs and maintenance 6,631 923 7,554
Insurance 2,679 116 2,795
Advertisement 3,883 6,150 10,033
Entertainment 1,576 625 2,201
Depreciation 9,257 813 10,070
Amortisation 345 - 345
License and subscription 393 871 1,264
Others 1,202 562 1,764
172,414 107,584 279,998

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