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    Reliance Industries Cost Sheet Ver. 1.0

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    Samiksha Bhargav
    Reliance Industries Limited's cost statement for the financial year 2009-2010 shows: Raw material costs were Rs. 147,919.21 crores. Factory costs including overhead expenses were Rs. 162,532.48 crores. Office and administration expenses were Rs. 4,753.75 crores bringing the total cost of production to Rs. 167,286.24 crores. Cost of goods sold including opening and closing stock was Rs. 164,023.31 crores. Selling and distribution expenses were Rs. 6,575.63 crores bringing the total cost of sales to Rs. 170,598.94 crores.

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    Reliance Industries Cost Sheet Ver. 1.0

    Uploaded by

    Samiksha Bhargav
    2K views2 pages
    Reliance Industries Limited's cost statement for the financial year 2009-2010 shows: Raw material costs were Rs. 147,919.21 crores. Factory costs including overhead expenses were Rs. 162,532.48 crores. Office and administration expenses were Rs. 4,753.75 crores bringing the total cost of production to Rs. 167,286.24 crores. Cost of goods sold including opening and closing stock was Rs. 164,023.31 crores. Selling and distribution expenses were Rs. 6,575.63 crores bringing the total cost of sales to Rs. 170,598.94 crores.

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    Reliance Industries Limited's cost statement for the financial year 2009-2010 shows: Raw material costs were Rs. 147,919.21 crores. Factory costs including overhead expenses were Rs. 162,532.48 crores. Office and administration expenses were Rs. 4,753.75 crores bringing the total cost of production to Rs. 167,286.24 crores. Cost of goods sold including opening and closing stock was Rs. 164,023.31 crores. Selling and distribution expenses were Rs. 6,575.63 crores bringing the total cost of sales to Rs. 170,598.94 crores.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    2K views2 pages

    Reliance Industries Cost Sheet Ver. 1.0

    Uploaded by

    Samiksha Bhargav
    Reliance Industries Limited's cost statement for the financial year 2009-2010 shows: Raw material costs were Rs. 147,919.21 crores. Factory costs including overhead expenses were Rs. 162,532.48 crores. Office and administration expenses were Rs. 4,753.75 crores bringing the total cost of production to Rs. 167,286.24 crores. Cost of goods sold including opening and closing stock was Rs. 164,023.31 crores. Selling and distribution expenses were Rs. 6,575.63 crores bringing the total cost of sales to Rs. 170,598.94 crores.

    Copyright:

    © All Rights Reserved
    Download as XLS, PDF, TXT or read online from Scribd
    Download as xls, pdf, or txt
    of 2

    Reliance Industries Limited

    Financial Year 2009-10

    Cost Statement
    (Figures in Crores)
    Amount Amount
    Particulars
    Rs. Rs

    Raw Material Consumed 147,919.21

    Direct/Production Wages 1,175.19


    Allocated @ 50% of total Employee Cost (50% of Rs. 2350.38)

    Direct Expenses
    Factory Depreciation 2,099.31
    Allocated at 20% of Total Depreciation (20% of Rs. 10496.53)

    Prime Cost 151,193.71

    Factory Overheads
    Depreciation on assets other than used in manufacturing 4,198.61
    Allocated @ 40% of total depreciation (40% of 10496.53)
    Employee Cost-Factory Salary
    Allocated @ 20% of total Employee Cost (20% of Rs. 2350.38) 470.08
    Stores, Chemicals and Packing Material 2,773.98
    Electricity,Power,Fuel and Water 2,706.71
    Machinery Repairs 378.74
    Building Repairs 25.22
    Labour, Processing,Production royalty,Machinery Hire charges 1,774.93
    Excise Duty 369.15
    Lease Rent 2.74
    Exchange Difference (Net) (676.42) 12,023.74

    Less-Sale of Scrap -

    Factory Cost 163,217.44

    Add-Opening Stock of Stock in Process 2,193.89


    Less-Closing Stock of Stock in Process (2,878.85) (684.96)

    Adjusted Factory Cost 162,532.48

    Office/Management/Administration Expense
    Depreciation on Office assets 2,099.31
    Allocated @ 20% of total depreciation (20% of 10496.53)
    Employee Cost-Office Salary
    Allocated @ 15% of total Employee Cost (15% of Rs. 2350.38) 352.56
    Insurance 486.58
    Rent 105.15
    Rates and Taxes 40.39
    Other repairs 256.22
    Travelling Expenses 59.72
    Payment to Auditors 12.82
    Professional fees 524.82
    Loss on sale/Discarding of Fixed Assets 29.28
    General Expenses 651.96
    Investments written Off 18.38
    Wealth tax 13.20
    Charity and Donations 103.37 4,753.75

    Less-Sale of By Product -

    Cost of Production 167,286.24

    Add -Opening Stock of Finished Goods 3,015.13


    Less-Closing Stock of Finished Goods (6,278.06) (3,262.93)

    Cost of Goods Sold 164,023.31

    Selling and Distribution Expenses


    Depreciation on Selling Department Assets 2,099.31
    Allocated @ 20% of total depreciation (20% of 10496.53)
    Employee Cost-Selling and Distribution Staff
    Allocated @ 15% of total Employee Cost (15% of Rs. 2350.38) 352.56
    Samples,Sales Promotion and Avertisement expenses 50.49
    Brokerage,Discount and Commission 228.02
    Warehousing and Distribution Expenses 3,280.49
    Sales tax/Vat/Service tax 564.77 6,575.63

    Cost of Sales 170,598.94

    Profit and Loss 21,862.08

    Sales 192,461.02

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