70

A nn u a l Rep o r t 2 0 1 2

22.

Revenue from operations (continued)

Particulars

For the year ended

December 31, 2012

Rs. in crores
For the year ended
December 31, 2011

1,073.65
100.14
1,173.79

662.85
74.50
737.35

For the year ended

December 31, 2012

Rs. in crores
For the year ended
December 31, 2011

0.09
14.40

0.24
6.71

30.05
-

40.80
27.75
0.14

0.57
0.37
0.30
45.78

0.63
0.51
76.78

For the year ended

December 31, 2012

Rs. in crores
For the year ended
December 31, 2011

15.52
709.93
725.45
23.54
0.25
701.66
4.28
697.38

13.84
463.79
477.63
15.52
0.41
461.70
1.86
459.84

Details of products sold

Manufactured goods
Two wheelers
Spare parts and other components
Total
23.

Other income

Particulars

Profit on sale of fixed assets

Dividend on unquoted non trade current investments
Dividend on long term unquoted trade investment in
subsidiary company*
Profit on sale of unquoted non trade current investments
Exchange gain (net)
Interest income
- from banks on deposits
- from others
Other income
Total
*Refer note no. 50

24.

Cost of raw materials and components consumed

Particulars

Inventory at the beginning of the year

Add: Purchases
Less: inventory at the end of the year
Less: material cost of vehicles capitalised
Less: Sale of raw materials and components to suppliers on cost to cost basis
Net consumption

Eicher motors limited

25.

Change in inventories of finished goods, work-in-progress and stock-in-trade

Particulars

Inventories at the end of the year

Finished goods
Work-in-progress
A
Inventories at the beginning of the year
Finished goods
Work-in-progress
B
Net change (B-A)

26.

Employee benefits expenses

Particulars

Salaries, wages, bonus etc.

Contribution to provident and other funds
Staff welfare expenses
Total
27.

Finance costs

Particulars

Interest expense
On income tax
On other borrowings
Total
28.

Depreciation and amortisation expenses

Particulars

Depreciation of tangible assets

Amortisation of intangible assets
Total

For the year ended

December 31, 2012

Rs. in crores
For the year ended
December 31, 2011

45.85
3.15
49.00

22.93
4.80
27.73

22.93
4.80
27.73
(21.27)

10.68
2.65
13.33
(14.40)

For the year ended

December 31, 2012

Rs. in crores
For the year ended
December 31, 2011

67.08
2.94
8.84
78.86

43.29
2.28
5.47
51.04

For the year ended

December 31, 2012

Rs. in crores
For the year ended
December 31, 2011

0.04
0.22
0.26

2.02
2.02

For the year ended

December 31, 2012

Rs. in crores
For the year ended
December 31, 2011

15.79
1.36
17.15

12.37
0.65
13.02

71

72

A nn u a l Rep o r t 2 0 1 2

29.

Other expenses

Particulars
Stores and machinery spares consumed
(including loose tools and packing material)
Increase/decrease in excise duty on finished goods
Loss on sale of fixed assets
Fixed assets discarded
Power and fuel
Insurance
Repairs and maintenance
Buildings
Plant and machinery
Others
Rates and taxes
Advertisement
Freight and handling charges
Incentives
Warranty
Other selling and distribution expenses
Rent
Legal and professional charges
Travelling expenses
Development expenses
Bad debts/advances written off
Less: Charged against provision for doubtful debts
and advances
Provision for doubtful debts and advances
Exchange loss (net)
Miscellaneous expenses

30.

For the year ended

December 31, 2012

Rs. in crores
For the year ended
December 31, 2011

24.36
3.42
0.08
0.30
11.01
1.12

16.86
1.29
0.23
0.44
6.47
0.76

0.06
-

3.61
4.44
2.79
1.45
7.23
13.36
2.50
9.02
16.88
6.69
12.98
7.84
3.31
0.00
0.06

1.37
2.80
2.05
0.86
4.88
8.61
0.49
7.91
10.18
3.59
8.96
5.32
1.69
0.00
0.01

Total

0.47
0.10
15.84
148.86

0.25
0.24

0.17
9.94
94.88

Estimated amount of contracts remaining to be executed on capital account and not provided for Rs. 31.95 crores
(Rs. 26.50 crores).
The Company has other commitments, for purchase/sales orders which are issued after considering requirements per
operating cycle for purchase/sale of goods and services, employees benefits including union agreement in normal course of
business. The Company does not have any long term commitments or material non-cancellable contractual commitments/
contracts, which might have material impact on the financial statements.