Go Fashion (India) Limited {formerly known as Go Fashion (India) Private Limited}
Notes to the restated consolidated financial information

(Amount in @ Millions, except for share data or as otherwise stated)

 

 

Note Particulars
No.

For the year ended

 

 

 

 

 

 

 

 

31/Mar/2019
30 Employee benefit expense
Salaries, wages and bonus 389.85
Contribution to provident and other funds (Refer Note 37) 8.16
Gratuity expenses (Refer Note 37) 6.79
Staff welfare expenses (Refer Note 37) 14.83
Total 419.63
31 Finance costs
Interest expense on
Cash credit facility 0.18
Lease rental discounting (Refer Note 6) 113.60
Total 113.78

 

32 Depreciation and amortisation expenses

 

Depreciation on property, plant and equipment (Refer Note 3)
Amortisation of intangible assets (Refer Note 5)
Amortisation of right-of-use assets (Refer Note 6)

 

 

Total

 

 

33 Other expenses

 

 

 

 

  

 

 

 

 

 

 

 

 

Power & fuel 22.09
Sales promotion expenses 53.14
Freight and handling charges 37.14
Rent (Refer Note 6) 67.50
Repairs and maintenance

Buildings 39.94
Machinery 1.70
Others 29.69
Communication expenses 4.89
Printing and stationery 2.87
Travelling and conveyance 18.17
Rates and taxes 581
Legal and professional charges 13.93
Payment to auditor (Refer Note (a) below) 1.84
Expenditure on corporate social responsibility (Refer Note (b) below) 2.58
Cash collection charges 789
Bank charges 9.86
Obsolete stock written off 50.20
Bad debts 13.09
Miscellaneous expenses 7.00
Total 389.33

(a) Payment to auditor
Statutory audit 1.60
Tax audit 0.16
Certification Fees 0.08

Total 1.84
(b) Corporate social responsibility (CSR)
Gross amount required to be spent by the Company as per Section 135 of the Companies Act, 2013 3.08
Amount spent during the year
In cash
(i) Construction / acquisition of any asset -
(ii) On purposes other than (i) above: 2
Promoting preventive health care 2.58
Promoting education =
Conservation of natural resources and other allied areas :
Shortfall amount 0.50

 

 

Reason for Shortfall (As at)

 

31/Mar/2019 Project not identified before the ye:
lyears

 

 

end, contributed in s

 

 

287
