Heritage Foods Limited | 30th Annual Report 2021-22

30 th Annual Report 2021-22 Heritage Foods Limited 220 26. Other income For the year ended 31 March 2022 31 March 2021 Interest income - Bank and other deposits 2.82 2.57 - Guarantee income 2.20 1.23 - Others 1.68 0.25 Subsidy transferred from deferred government grant (under capital subsidy scheme) 7.36 0.49 Lease rental income 19.27 12.31 Provisions no longer required/ credit balances written back 19.45 18.27 Gain on sale of Property, plant and equipment (net) 31.24 17.77 Gain on redemption of investments (net) 12.07 - Gain on foreign exchange fluctuations, net 0.03 0.63 Other non operating income 16.60 26.81 112.72 80.33 27. Cost of materials consumed For the year ended 31 March 2022 31 March 2021 Raw Material* Opening stock 767.12 551.57 Add: Purchases during the year 19,729.02 17,937.63 Less: Closing stock 859.68 767.12 19,636.46 17,722.08 Packing Material* Opening stock 77.35 73.69 Add: Purchases during the year 999.59 701.34 Less: Closing stock 108.22 77.35 968.72 697.68 20,605.18 18,419.76 *Disclosed based on derived figures, rather than actual records of receipts. 28. Changes in inventories of finished goods, semi finished goods, stock-in- trade and work-in-progress For the year ended 31 March 2022 31 March 2021 Opening balance - Finished goods 666.03 666.91 - Semi finished goods 398.41 95.56 - Work-in-progress 5.41 5.08 - Stock-in-trade 27.42 16.77 1,097.27 784.32 Closing balance - Finished goods 637.32 666.03 - Semi finished goods 348.32 398.41 - Work-in-progress 14.45 5.41 - Stock-in-trade 37.04 27.42 1,037.13 1,097.27 60.14 (312.95) Summary of the significant accounting policies and other explanatory information (All amounts in ` millions, except share data and where otherwise stated)