Heritage Foods Limited

FINANCIAL STATEMENTS Standalone 29 th Annual Report 2020-21 | 193 Summary of the signi fi cant accounting policies and other explanatory information (All amounts in ₹ millions, except share data and where otherwise stated) Particulars For the year ended 31 March 2021 31 March 2020 Electricity charges 9.18 10.56 Rates and taxes, excluding taxes on income 22.63 31.40 Freight outwards 632.86 768.74 Communication 18.46 18.40 O ffi ce maintenance 5.97 5.98 Travelling and conveyance 23.49 47.86 Legal and professional fees 126.96 120.29 Loss on sale of Property, plant and equipment (net) - 7.06 Property, plant and equipment written o ff 6.18 - Payment to auditors (refer note (i) below) 8.09 7.68 Corporate social responsibility (CSR) expenditure (refer note (ii) below) 20.64 22.28 Selling and distribution expenses 91.96 139.74 Provision for doubtful advances 0.31 - Advances written o ff 0.66 0.46 Provision towards doubtful debts 3.75 4.85 Bank charges 14.25 14.78 Advertisement expenses 8.23 1.44 Security charges 50.46 46.19 Printing and stationery 8.15 9.72 Miscellaneous expenses 28.28 22.71 1,740.62 1,999.71 (i) Details of payments to auditors : Particulars For the year ended 31 March 2021 31 March 2020 As auditor: - Statutory audit fee 4.76 4.53 - Tax audit fee 0.82 0.78 - Limited review fee 2.04 1.95 In other capacities: - Taxation matters 0.17 0.13 - Certi fi cation fees 0.29 0.13 - Reimbursement of expenses 0.01 0.16 8.09 7.68 (ii) Details of CSR expenditure : Particulars For the year ended 31 March 2021 31 March 2020 (a) Gross amount required to be spent during the year 20.64 22.28 (b) Amount spent during the year 20.64 22.28