SCHEDULE 14: SERVICES AND OTHER PROCEEDS

Particulars	Year ended 31st March 2011		Year ended 31st March, 2010
	Rs. in crore	Rs. in crore	Rs. in crore	Rs. in crore
Sale of material		8.59		5.47
Sale of gases		3.11		2.89
Sale of slag		3.77		4.42
Technology licence fee		-		3.86
Sale of carbon credits		4.44		-
Barge hire charges [Tax deducted at source Rs. 0.31 crore (Previous year Rs. 0.23 Crore )]		15.58		0.08
Proceeds from various services [Tax deducted at source Rs. 0.44 crore (Previous year Rs. 0.63 crore)]		6.96		18.04
Repairs of vessels by shipyard [Tax deducted at source Rs. 0.05 crore (Previous year Rs. Nil)]		2.61		-
Shipping agency fees [Tax deducted at source Rs. Nil (Previous year Rs. 0.01)]		-		0.08
Difference in rate of exchange (net)		14.59		20.40
Total		59.65		55.24

SCHEDULE 15 : MISCELLANEOUS INCOME

Particulars	Year ended 31st March, 2011		Year ended 31st March, 2010
	Rs. in crore	Rs. in crore	Rs. in crore	Rs. in crore
Interest on Intercorporate deposits  [Tax deducted at source Rs. 9.01 crore (Previous year Rs. 14.18 crore)]	91.03		95.21
Interest on Fixed deposits [Tax deducted at source Rs. 10.85 crore (Previous year Rs. 0.68)]	82.15		46.21
Interest others	0.18		1.43
		173.36		142.85
Dividends
On current investments (Non trade)	296.99		78.96
On long term investments (Non trade)	0.06		0.04
		297.05		79.00
Profit on sale of current investments (net)		62.16		75.30
Profit on sale of assets (net)		0.86		0.18
Difference in rate of exchange on Foreign Currency Convertible Bonds		-		121.91
Excess provision written back		-		2.21
Provision for doubtful debts written back		0.42		0.03
Other receipts  [Tax deducted at source Rs. 0.14 crore (Previous year Rs. 0.25 crore)]		6.04		4.49
Total		539.89		425.97

SCHEDULE 16 : PRODUCTION AND OPERATIONAL EXPENSES

Particulars	Year ended 31st March, 2011		Year ended 31st March, 2010
	Rs. in crore	Rs. in crore	Rs. in crore	Rs. in crore
Increase/Decrease in stock of finished goods and work in progress
Opening stock
Iron ore	315.61		131.78
Metallurgical coke	10.66		11.67
Pig iron	12.38		9.71
Work-in-progess	1.74		1.63
	340.39		154.79
On acquisition	-		64.48
	340.39		219.27
Less: Closing stock
Iron ore	313.80		315.61
Metallurgical coke	35.14		10.66
Pig Iron	38.58		12.38
Work-in-progess	0.32		1.74
	387.84		340.39
		(47.45)		(121.12)
Excise duty on stock of finished goods		3.75		0.20
Consumption of raw materials		396.15		345.86
Consumption of stores [includes cost of supplies to contractors of   the value of Rs. 69.89 crore (Previous year Rs. 61.42 crore)]		296.31		243.68
Purchase of ore		509.12		309.56
Personnel: (Refer Note. No. 13 of Schedule 19)
Salaries, wages, bonus and allowances	127.96		111.18
Contributions to provident and other funds	6.92		5.26
Contributions to gratuity and annuity funds	7.96		4.07
Staff welfare expenses	13.97		8.84
		156.81		129.35
Repairs and maintenance (Refer Note No. 10 Schedule 19)
-Plant and machinery	35.57		23.71
-Buildings	17.26		3.29
-Others	29.81		9.39
		82.64		36.39
Contractors for hired trucks and other services		740.55		664.40
Hire charges of barges		80.74		81.77
Wharfage, tonnage, handling & shipping expenses		111.15		153.44
Railway freight		274.38		281.01
Rent		5.38		4.03
Export duty		661.98		147.58
Royalties		330.41		160.72
Rates and taxes		5.00		8.84
Insurance		15.60		8.89
Electricity and water charges		20.52		16.86
Demurrage over despatch		176.54		111.16
Commission and service charges on sales		2.24		11.58
Analysis of ore		5.06		7.17
Maintenance of offices		0.88		0.46
Printing and stationery		1.03		0.70
Travelling and representation expenses		9.08		3.85
Maintenance of vehicles		0.45		0.38
General expenses		54.17		43.61
Difference in rate of exchange (net)		-		-
Provision for mine closure expenses (Refer Note No. 11 schedule 19)		1.06		0.18
		3,893.55		2,650.55
Less: Extraction and processing costs recovered		27.34		34.69
Total		3,866.21		2,615.86

SCHEDULE 17 : ADMINISTRATION EXPENSES

Particulars	Year ended 31st March 2011		Year ended 31st March, 2010
	Rs. in crore	Rs. in crore	Rs. in crore	Rs. in crore
Personnel: (Refer Note. No. 13 of Schedule 19)
Salaries, wages, bonus, allowances and commission	43.92		35.69
Contributions to provident and other funds	1.03		0.77
Contributions to gratuity and annuity funds	2.02		1.29
Staff welfare expenses	3.30		1.76
		50.27		39.51
Maintenance of offices and equipment		1.90		1.07
Printing and stationery		1.05		0.85
Postage, telephone, cables and telex charges		1.37		1.61
Fees to auditors
Audit fees	0.45		0.41
Other certificate fees	0.49		0.46
Reimbursement of expenses	0.05		0.07
		0.99		0.94
Sitting fees and commission to non-wholetime directors		0.49		0.32
Travelling expenses  [Includes travelling    expenses of directors Rs. 0.67 crore (Previous year Rs. 0.61 crore)]		4.30		4.60
Professional and legal charges		52.93		21.26
Maintenance of vehicles		2.18		1.91
Donations and contributions		7.49		6.71
Provision for doubtful debts		0.07		0.02
Bad debts		0.03		-
Provision for doubtful advances		0.12		0.50
Claims under litigation		1.67		9.03
Miscellaneous expenses		7.73		5.47
Total		132.59		93.80

SCHEDULE 18 : INTEREST AND OTHER FINANCE CHARGES

Particulars	Year ended 31st March, 2011		Year ended 31st March, 2010
	Rs. in crore	Rs. in crore	Rs. in crore	Rs. in crore
Interest on fixed period loans
On Foreign Currency Convertible Bonds	27.86		45.36
On term loan	0.64		0.85
		28.50		46.21
Interest others		7.59		3.66
Difference in rate of exchange on Foreign Currency Convertible Bonds		48.78		-
Discounting Charges		2.03		1.85
Other Charges		3.24		3.79
Total		90.14		55.51