010213

The Gazette of Pakistan
ISLAMABAD, WEDNESDAY, FEBRUARY 14, 2001
PART II
Statutory Notifications (S.R.O.)
SECURITIES AND EXCHANGE COMMISSION OF PAKISTAN
NOTIFICATION
Islamabad, the 13th February, 2001

S.R.O. 97 (1)/2001.-- In exercise of the power conferred by clause (e) of sub-section (1) of section 230 of the Companies Ordinance, 1984 (XLVII of 1984), and clause (o) of sub-section (4) of section 20 of the Securities and Exchange Commission Act, 1997 (XLII of 1997), the Securities and Exchange Commission of Pakistan is pleased to make the following Order, namely:-

1. Short title, application and commencement.-- (1) This Order may be called the Sugar Industry (Cost Accounting Records) Order, 2001.

(2) This Order shall apply to every company engaged in production of sugar in any form except liquid sugar.

(3) It shall come into force at once.

2. Maintenance of records.-- (1) Every company to which this Order applied shall, in respect of each financial year commencing on or after the commencement of this Order, keep cost accounting records, containing, inter-alia, the particulars specified in Schedules I, II and III to this Order.

(2) The cost accounting records referred to sub-para (1) shall be kept in such a way as to make it possible to calculate from the particulars entered therein, the cost of production and cost of sales of white sugar separately during a financial year.

(3) Where a company is manufacturing any other product in addition to sugar, the particulars relating to the utilization of materials, labour and other items of cost in so far as they are applicable to such other product, shall not be included in the cost of sugar.

(4) It shall be the duty of every person referred to in sub-section (7) of section 230 of the Companies Ordinance, 1984 (XLVII of 1984), to comply with the provisions of sub-paragraphs (1) to (3), in the same manner as they are liable to maintain books of financial accounts required under section 230 of the said Ordinance.

3. Penalty.-- If a company contravenes the provisions of this Order, such company and every officer thereof referred to in sub-paragraph (4) of paragraph 2, shall be punishable under sub-section (7) of section 230 of the Companies Ordinance, 1984 (XLVII of 1984).

(i) Direct material.--
(a) Adequate records shall be maintained showing separately the quantity and cost of sugar-cane procured at the factory gate or other collection centers. Where sugar cane is grown in farms owned or taken on lease by a company, detailed records shall be maintained in a suitable proforma so as to enable computation of the cost of such sugar cane. The rate fixed by the Government from year to year adopted for pricing the sugar cane supplied by the sugar mill cane growers to the sugar mill shall be indicated in the cost records.

(b) Where beet is used as raw material for the production of sugar, separate records shall be maintained on the lines similar to sugar-cane.

(c) A separate proforma shall be maintained to record sugar-cane and beet procurement expenses along with other related expenses. These expenses shall be separately determined.

(d) All issues of material shall be reconciled with figures shown in Annexures to Schedule III to this order, or in any other form as near thereto as possible. Any losses or surpluses arising as a result of physical verification of inventories and adjustments thereof shall be clearly indicated in the cost records.

(e) Record of purchase and supply through indent by suppliers shall be maintained showing the rates at which the various quantities of material are to be acquired. The records shall indicate principal features of each indent particularly conditions relating to quantity, quality, price, period of delivery and discounts.

(f) If the quantity and value of material consumed in a company are determined on any basis other than actual for example at standards, the method adopted shall be mentioned in cost records and followed consistently. The over-all reconciliation of such quantities and values of material with the actual shall be made at the end of the financial year explaining the reasons for variances. The treatment of such variances in determining the cost of items referred to in para 2 shall be indicated in the cost records.

(g) The records shall be maintained in such detail as may enable the company to readily provide data required in the various Annexures to Schedule III, to this Order in a verifiable state.

(ii) Process material:
Adequate records shall be maintained to show the receipts, issues and balances, both in quantities and costs of each item of the process material such as time, sulphur, super phosphate, caustic soda, filter cloth and other chemicals. The cost shall include all direct charges up to works, wherever specifically incurred. The issues of material shall properly be identified with the departments or cost centres.

(iii) Consumable stores, small tools, machinery spares, etc.
(a) Adequate records shall be maintained to show the receipt, issues and balances, both in quantities and cost of each item of consumable stores, small tools ad machinery spares. The cost shown shall include the direct charges up to works, wherever specifically incurred.

(b) In case of small tools, the cost of which are insignificant, the company may maintain such records for the main groups of such items.

(c) The cost of issues of consumable stores, small tools and machinery spares, shall be charged to the relevant heads of accounts such as repairs to plant and machinery, or repairs to building. Material consumed on capital works such as addition to buildings, plant and machinery and other assets shall be shown under the relevant capital heads.

(iv) Wastages, spoilages, rejections or losses, etc:
Adequate records shall be maintained showing the quantity and cost of wastages, spoilages, rejections and losses of sugar-cane and other raw material, process material, consumable stores, small tools and machinery spares, whether in transit, storage, or for any other reasons. The method followed for adjusting the above losses as well as the income derived from the disposal of scrap, if any, in determining the cost of the product shall be disclosed in such details as may enable the company to arrive at the net cost of white sugar produced.

Adequate records of excise duty and sales tax paid and the rebate claimed or earned in case of allowance for excess production or export of sugar shall be maintained along with the record of white sugar manufactured. Calculation for rebate shall be worked out through formula prescribed by the Government. The working of the adjustment or claim, if any, shall also be shown.

(a) Adequate record shall be maintained to show the attendance of workers employed by the company whether o regular, seasonal, temporary, or on contract basis, as the case may be. Proper record shall also be maintained in respect of payment made for overtime work and production incentives whether in the shape of production bonus or incentives based on out-put given to the workers. Payment of any retirement benefits including pension, provident fund, gratuity, old-age benefits contribution and any welfare expenses shall also be included in the labour or factory overhead cost of beneficiary cost center or department. This will be done in a manner that labour cost is available for each cost center or department and for each product whether by-product or main product so that different Annexures of Schedule III to this Order, are filled properly and easily.

(b) Fair and reasonable allocation shall be made for wages paid to such direct labour as has been utilized in more than one department, between the various departments or cost centres and the basis of such allocation shall be consistently followed. Idle time or lay-off payments shall be recorded separately indicating the reasons and the method of treatment in the calculation of the cost of the items referred to in para 2. Any wages paid for additions to plant and machinery or other capitalized assets, shall be capitalized and excluded form the cost statements of white sugar produced.

(c) Benefits paid to the employees other than covered in clause (a) above shall be worked out separately and shown in the cost statement department-wise.

Adequate records shall be maintained to indicate the expenses incurred for each services department or cost centre. In the case of multi-product companies, these expenses shall be apportioned to other service and production departments on an equitable basis. Where these service departments serve products other than white bagged sugar, suitable basis shall be worked out so that the share apportioned to white bagged sugar is worked out and applied consistently.

(i) Steam.- Adequate records showing the quantity and cost of steam raised and consumed shall be maintained in such detail as may enable the company to fill up the necessary particulars in Annexure 7 to Schedule II to this Order. The cost of steam consumed by the sugar mill and other units of the company shall be calculated on a reasonable basis and applied consistently. The cost of steam should be allocated to electric power house, white bagged sugar and other users including staff colony and office building, etc. Basis adopted for valuation of steam at different pressures shall also be indicated in the records.

(ii) Electric Power.-- Adequate record of cost of electric power generated by the company and purchased shall be kept in such details as may enable the company to furnish the necessary cost data as in Annexure 8 to Schedule III to this Order. The records shall be so maintained as to enable assessment of consumption of power by different departments or production units or cost centres. Allocation of cost of electric power shall be on the basis of actual consumption, if separate meters are installed; or on the basis of technical estimates in the absence of separate meters. In the case of fixed charges or fuel adjustment surcharge clamed by the utility company, irrespective of the actual power consumed and if the amount payable as per actual consumptions falls below the contractual minimum, the difference between the contractual minimum ad the actual amount shall be treated as fixed or period cost and transferred to other factory expenses statement [Annexure 9 of Schedule III]. Cost of power consumed in an chargeable to non-production departments, if significant, shall be shown separately. record shall also be kept for any electric power sold to out-side agencies.

Note.-- In case of self generation, quantity and reasons for under utilization shall be specified and the relevant cost shall be treated as fixed or period cost.

Adequate records showing the expenditure incurred on workshop facilities for repairs ad maintenance of buildings, civil works, offices and plant and machinery in different departments and cost centres shall be maintained on regular basis. Details of cost incurred and the basis of allocation of repairs and maintenance expenditure to different departments or production units shall be inducted. Cost of work of capital mature, heavy repairs and overhaul cost, benefit of which is likely to spread over a period longer than the financial year, shall be shown separately. If a separate maintenance team is working for a particular department, the salaries, wages, cost of consumables, spares and tools shall be charged as direct expense of that department. If the maintenance services are utilized for other products, the portion utilized for them shall be segregated and charged thereto.

(a) Adequate records shall be maintained showing values and other particulars of fixed assets in respect of which depreciation is to be provided. The records shall, inter alia, indicate the cost of each item of assets, the date of its acquisition, accumulated depreciation, the rate of depreciation and the depreciation charge, for the relevant period.

(b) Basis on which depreciation is calculated and allocated to the various departments and products shall be clearly indicated in the records.

(c) Amount of depreciation chargeable to different departments, production units or cost centres, for the financial year shall be in accordance with the provisions of clause (F) of Part III of the Fourth Schedule to the Companies Ordinance, 1984, and shall relate to the plant and machinery and other fixed assets utilized in such departments or units or cost centres. The method once adopted shall be applied consistently.

(a) The record shall be maintained showing the insurance premia paid for the various risks covered on the assets and other interests of the company.

(b) Method of allocating insurance cost to the various departments shall be indicated in the cost records and followed consistently.

Adequate records showing the amounts comprising the manufacturing overhead expenses other than those already mentioned and details of apportionment thereof to the various departments or processes shall be maintained. If products other than white bagged sugar are also being produced in the factory, adequate basis shall be developed to apportion the overhead cost equitably.

Details records shall be maintained for each item of by-product showing the production, disposal and balance both in quantity and value. The basis adopted for valuation of the by-products shall be equitable and consistent. Records indicating the actual sales realization of by-products shall also be maintained.

Adequate records shall be maintained showing the quantity and cost of white sugar transferred to other units of the company for self consumption. The rate at which such transfers are affected shall be disclosed in the cost records.

The method of valuation of work-in-process and finished goods shall be indicated in the cost records so as to reveal the cost elements that have been taken into account in such computation. The cost element shall relate to the items referred to in the relevant Annexures to Schedule III to this Order. The costing method adopted shall be consistently followed. Treatment of differences, if any, on physical verification of stocks with book balances, shall also be indicated in the cost records.

Where the company maintains cost records on any basis other than actuals, such as standard costing, the records shall indicate the procedures followed by the company in working out in the actual cost of the product under such systems. The method followed for adjusting the cost variances in determining the actual cost of the product shall be indicated clearly in the cost records. The reasons for the variances shall be indicated in detail in the cost records.

In respect of supplies made or services rendered by the company to its holding company or a subsidiary or a company in the same group or company in which a director of the company is also a director in such companies and vice versa, records shall be maintained showing contracts entered into, agreements or understandings reached, in respect of--
(a) purchase and sale of raw material and process material;
(b) utilization of plant facilities;
(c) supply of utilities; and
(d) administrative, technical, managerial and other consultancy services.

These records shall indicate the basis followed to arrive at the rates charged between them so as to enable determination of the reasonableness of the rate charged or paid for such services.

(a) If integrated accounts are not maintained, the cost records shall be periodically reconciled with the financial accounts to ensure accuracy. Variations, if any, shall be clearly indicated and explained.

(b) The reconciliation shall be done in such a manner that the profitability of each product produced and sold is correctly judged and reconciled with the overall profits of the company from all of its activities.

(c) Adequate cost records shall be maintained in a manner so that the cost statements may be properly compiled.

(a) Data such as the duration of crushing period, the quantity of each grade of white sugar produced, mill stoppages during the reason indicating the reasons, quantity of by-products obtained, percentage of sugar balance, baggasse, press-mud, molasses and sugars shall be kept in detail.

(b) The data maintained in the cost records shall be reconciled with the periodical returns submitted by the company to the excise and other authorities.

(c) Companies may develop an appropriate standard for use as a basis to evaluate performance properly.

A. COMPANY INFORMATION:
1. Name of the company.
2. Date of incorporation.
3. Location of registered office.
4. Location of factory/factories.
5. Products other than sugar being manufactured.
6. Installed cane crushing capacity in tonnes.

B. PRODUCTION DATA

S.No.	Particulars	Current Year	Previous Year
(1)	(2)	(3)	(4)
1.(a)	CANE CRUSHED: Date started. Date finished Duration of run days. Total number of hours in duration. Total numbers of hours of actual crushing. Total numbers of hours lost. Total cane milled (tonnes). Converted maunds. Total mixed juice obtained (tonnes).
(b) 2.	GUR MELTED: JUICE & ADDED WATER: Average mixed juice % cane. Average mixed juice % cane.
3.	SUGAR MADE: Total sugar bagged of all grade (100 kg). Total sugar bagged of all grade (50 kg). Sugar bagged (tonnes) Sugar in process (tonnes).
4.	MOLASSES EXTRACTED: Total molasses set out (tonnes). Molasses in process (tonnes).
5.	RECOVERY PERCENT: Laboratory test percentage recovery of sugar cane. Average recovery of marketable white sugar % cane. Average production of final molasses % cane.
6.	BY PRODUCTS: Bagasses % cane (calculated) (tonnes). V.F. Cake % cane (tonnes).
7.	CLARIFICATION PROCESS: Specific the process used by the mill.

Quantitative Data -- Bagged Sugar
Opening Stock (M.Ton)
Production (M.Ton)
Closing Stock (M.Ton)
Sales (M.Ton)

S.No.	Particulars	Current Year		Previous Year
		Amount Rs.	Cost per ton of sugar	Amount Rs.	Cost per ton of sugar
(1)	(2)	(3)	(4)	(5)	(6)
1.	Raw Materials: (a) Sugar Cane (Annex 3). (b) Beet (Annex 4) (c) Gur (d) Raw Sugar (e) Process Material (Annex 3)
2.	Salaries/Wages ad benefits (Annex 6)
3.	Consumable Stores.
4.	Repairs and maintenance.
5.	Utilities: Steam (Annex 7).
6.	Electric Power (Annex 8)
7.	Water & Gas
8.	Insurance.
9.	Depreciation
10.	Other Factory Overheads (Annex 9)
11.	Total Cost
12.	ADD: Opening Stock of W.I.P.
13.	LESS: Closing Stock of W.I.P.
14.	Total Cost of goods Manufacturing.
15.	Less: Realizable value of By-Products: Molasses Baggasse Others
16.	Net cost of goods Manufacturing.
17.	Add: Packing Material and Handling
18.	Net Cost of Bagged Sugar
19.	Add: Excise Duty /sales tax
20.	Total Cost of Bagged Sugar
21.	Add: Opening Stock of Sugar
22.	Less: Closing Stock of Sugar
23.	Cost of Sales.
24.	Administrative Expenses (Annex 10).
25.	Selling and Distribution Expenses (Annex 11)
26.	Others Charges.
27.
	Total Cost to Make and Sell

S.No.	Particulars	Current Year		Previous Year
		Quantity	Amount	Quantity	Amount
(1)	(2)	(3)	(4)	(5)	(6)
1.	Seeds and Other inputs: Seed. Fertilizers, herbicides etc. Insecticides. Abiana/Water Charges. Total Cost of Inputs.
2.	Labour Cost: Land preparation. Plantation. Maintenance of cane crop/rations. Operation of Tractors. Harvesting. Total Labour Cost.
3.	Other Cost: Fuel for Tractors operation. Maintenance and over haul of Tractors. Insurance. Interest expenses. Depreciation of equipments. Rent of agriculture equipments (if any) Total Other Costs. Total Cost of own production (1+2+3) Sales value at controlled price. Profit/Loss on own production

		Current Year			Previous Year
S.No.	Particulars	Quantity M. Ton	Rate Rs/M. Ton	Amount Rs.	Quantity M. Ton	Rate Rs/M. Ton	Amount Rs.
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
1.	Total sugarcane purchased on Government fixed rate. Sugar produced from own farm (Annex 2). Less: Loss in transit. Sugarcane received at factory gate.
2.	Commission.
3.	Quality premium.
4.	Loading/unloading charges.
5.	Cane development expenses: (a) Salaries and Wages of Supply and Development Staff. (b) Sugarcane Development Research. (c) Supply staff and transportation expenses. (d) Other expenditure
6.	Taxes and Levies: (a) Cane cess/purchase tax. (b) Market committee fee. (c) Road cess. (d) Octroi. (e) Other levies.
7.	Transportation Charges: (a) Delivery expenses. (b) Transport subsidy. (c) Others.
8.	Other Expenditures at Cane Collection Centers: (a) Salaries and Wages. (b) Stores. (c) Repairs and Maintenance. (d) Others.
	Total cost of "SUGAR CANE" Transferred to production processes (Annex 1).

		Current Year			Previous Year
S.No.	Particulars	Quantity M. Ton	Rate Rs/M. Ton	Amount Rs.	Quantity M. Ton	Rate Rs/M. Ton	Amount Rs.
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
1.	Total beet purchased on Government fixed rate. Less: Loss in transit. Beet received at factory gate.
2.	Commission paid.
3.	Loading, unloading.
4.	Beet development expenses: (a) Salaries and Wages of Supply and Development Staff. (b) Sugar Development Research. (c) Supply staff and transportation expenses. (d) Other expenditure
5.	Taxes and Levies (if any): (a) Purchase tax. (b) Market committee fee. (c) Road cess. (d) Octroi. (e) Other levies.
6.	Transportation Charges: (a) Delivery expenses/traveling from purchase centre to mill gate. (b) Transport subsidy. (c) Others.
7.	Other Expenditures at Beet Collection Centers: (a) Salaries and Wages. (b) Stores. (c) Repairs and Maintenance. (d) Others.
	Total cost of "BEET" Transferred to production processes (Annex 1).

Annexure 5
STATEMENT SHOWING COST OF PROCESS MATERIAL CONSUMED FOR THE YEAR ENDED_____

		Current Seasons		Previous Seasons
S.No.	Particulars	Amount Rs.	Cost per ton of sugar	Amount Rs.	Cost per ton of sugar
(1)	(2)	(3)	(4)	(5)	(6)
	Total Sugar Produced (M-Tons)
1.	Unsalted Lime.
2.	Phosphoric Acid.
3.	Filter Acid.
4.	Sulphur.
5.	Caustic Soda.
6.	Soda Ash.
7.	Tri Sodium Phosphate.
8.	Bleaching Powder.
9.	Anti Foam.
10.	Formaline.
11.	Laboratory Chemicals.
12.	Filter Cloth.
13.	Sewing Thread.
14.	Cleaning Brushes.
15.	Lubricant and Grease.
16.	Other (Specify).
	Total: Less allocated to-- (a) Electricity generations. (b) Steam Generation. (c) Raw Material. (d) Admin Expenses. (e) Selling and Distribution Expenditure. (f) Any Other Specify.
	Balance transferred to production process Annexure 1.


		Current Year		Previous Year
S.No.	Particulars	Amount Rs.	Cost per ton of sugar	Amount Rs.	Cost per ton of sugar
(1)	(2)	(3)	(4)	(5)	(6)
	Total Sugar Produced (M-Tons): Cost:
1.	Salaries/Wages:
(i)	Officers and Permanent Staff.
(ii)	Seasonal Staff.
(iii)	Daily rated and Contract Labour.
(iv)	Bonuses.
2.	Benefits:
	Medical Expenses.
(i)	Canteen Expenses.
(ii)	Welfare, Recreation.
(iii)	Transport and Traveling.
(iv)	Education Cess/Expenses.
(v)	Group Insurance/Workmen.
(vi)	Comp. Insurance
(vii)	Prov. Fund (Employer’s contribution).
(viii)	Gratuity/Pension.
(ix)	Other Benefits (if any).
(x)	Total: Less allocated to--- (a) Electricity Generation. (b) Steam Generation. (c) Raw Material. (d) Admin Expenses. (e) Selling & Distribution Expenses. (f) Any Other Specify.
	Balance Transferred to production process (Annexure).

S.No.	Particulars	Unit	Current year	Previous year	Variance
(1)	(2)	(3)	(4)	(5)	(6)
	Types of steam boilers used
1.	No. of days worked.
2.	Installed Capacity (steam in tonnes).
3.	Utilized capacity (steam in tonnes)
4.	Production: (a) High pressure steam. (b) Medium pressure steam. (c) Low pressure steam. (d) Less: transit losses. (e) Total
5.	Percentage of capacity utilization (3/2 * 100)


		Current Year			Previous Year
S.No.	Particulars	Quantity	Rate per Unit Rs.	Amount Rs.	Quantity	Rate per Unit Rs.	Amount Rs.
(1)	(2)	(3)	(4)	(5)	(6)	(7)	(8)
1.	Water
2.	Fuels: (a) Bagasse: (I) Own (ii) Purchased (b) Pith. (c) Coal purchased (d) Furnace Oil (e) Fire Wood (f) Gas (g) Other fuels if any (to be specified) Quantity of waste heat from the plant, if any.
3.	Consumable stores. Direct salaries, Wages and benefits.
4.	Repairs and Maintenance.
5.	Other direct expenses (e.g. Boiler inspection fee etc.)
6.	Insurance.
7.	Depreciation: Total Cost of Steam Raised. Less: Outside sale.
8.	Total Cost of Steam for Self Consumption.
9.	Add: Cost of steam purchased. Total Cost of Steam Consumed.
10. 11. 12.	ALLOCATION Total of item 12 allocated to-- (i) White bagged sugar. (ii) Electric powerhouse. (iii) Others (a) Staff colony. (b) Office building, etc.
	Total

Annexure 8
STATEMENT OF COST OF ELECTRIC POWER PURCHASED/GENERATED AND CONSUMED FOR THE YEAR ENDED____

	Current year	Previous year	Variance.
1. Installed Capacity (KWH). 2. No. of units generated (KWH). 3. No. of units purchased (KWH). 4. Total (2+3) 5. Consumption in Power House including other losses. 6. Net units consumed (4-5). 7. Percentage of Consumption and losses to total units. Available =5/4* 100. 8. Percentage of power generated to installed capacity 2/1 * 100.

S.No.	Particulars	Current Year			Previous Year
		Quantity M. Ton	Rate Rs./M.Ton	Amount Rs.		Quantity M. Ton	Rate Rs./M.Ton	Amount Rs.
(1)	(2)	(3)	(4)	(5)		(6)	(7)	(8)
1.	Steam (Annex 7)
2.	Consumable Stores.
3.	Salaries and Wages.
4.	Other direct expenses.
5.	Repairs and maintenance
6.	Duty on electricity.
7.	Depreciation. Total
8.	* Less: (a) Credit for exhaust steam used in process etc. (b) Other credits, if any.
9.	Cost or power generated.
10.	Less: Cost of power sold.
11.	Add: Cost of power purchased.
12.	Total net cost of power consumed.
13.	Cost per unit average: Total at item 12 allocated to-- (i) White bagged sugar. (ii) Self-consumption. (iii) Others: (a) Staff colony. (b) Office building. (c) Other (specify).
	Total

S.No.	Description	Amount in Rupees
		Current Year		Previous Year
		Amount Rs.	Cost per ton of sugar	Amount Rs.	Cost per ton of sugar
(1)	(2)	(3)	(4)	(5)	(6)
	Total Sugar Produced (M-Ton):
	Cost:
1.	Rent, Rate and Taxes.
2.	Printing and Stationery.
3.	Postage and Telegram.
4.	Telephone Fax and Telex.
5.	Traveling and Conveyance.
6.	Subscriptions, Books and Periodicals.
7.	Entertainment.
8.	Vehicle Running Expenses.
9.	Security.
10.	Fire Fighting.
11.	Other Expenses.
12.	Total.
	Allocated to-- (i) White bagged sugar. (ii) Electric Power House. (iii) Steam Generation. (iv) Others: (a) Staff colony. (b) Office building etc.
	Total as per item 12 above.

		Current Year		Previous Year
S.No.	Particulars	Amount Rs.	Cost per ton of sugar	Amount Rs.	Cost per ton of sugar
(1)	(2)	(3)	(4)	(5)	(6)
1.	Total Sugar Sold (M-Tons).
2.	Cost:
	Salaries, Wages and Benefits (Annex 6). Rent, Rate and Taxes. Insurance. Water, Gas and Electricity. Printing and Stationery. Postage and Telegram. Telephone Fax and Telex. Repair and Maintenance. Traveling and Conveyance. Subscriptions, Books and Periodicals. Entertainment. Advertising. Legal and Professional Expenditure. Auditor’s remuneration. Vehicle Running Expenses. Charity and Donation. Others.
	Total

S.No.	Particulars	Current Year		Previous Year
		Amount Rs.	Cost per ton of sugar	Amount Rs.	Cost per ton of sugar
(1)	(2)	(3)	(4)	(5)	(6)
1.	Total Sugar Sold (M-Ton)
2.	Cost: Salaries, Wages and Benefits (Annex 6). Traveling and Conveyance. Commission. Freight Outwards. Stacking/Restacking. Loading/Unloading. Export Expenses. Vehicle Running Expenses. Advertising for Sales Promotion. Other Expenses.
	Total